City of San Dimas
Notes to Financial Statements
For the Fiscal Year Ended June 30, 2025
-52-
7) LONG-TERM LIABILITIES, (continued)
Refunding – October 29, 2020, (continued)
In the event of default, the Trustee will be entitled to sue to enforce payment and receive any and all amounts from any monies available for such purpose in any manner provided by law.
The Mobile Home Park Revenue Refunding Bond (Charter Oak Mobile Home Estates Refunding Project), Series 2020A requires:
(20%) of the mobile home spaces within the Charter Oak Mobile Home Estates are restricted to persons of very low income, as that term is defined in California Health and Safety Code Sections 34213, 50079.5, and 50105, as those sections may be amended from time to time. Accordingly, 37 of the 185 mobile home spaces are restricted to senior citizens age 55 or older of very low income, for the period June 1,1998 to June 30, 2028
Occupancy of certain designated mobile home spaces within the Charter Oak Mobile Home Park must be for persons of age 55 or older The outstanding principal balance as of June 30, 2025 was $482,400. The annual requirements to amortize the outstanding bond indebtedness as of June 30, 2025, including interest, are as follows:
2020A Mobile Home Park
Year Ending Revenue Refunding Bonds
June 30, Principal Interest Total
2026 482,400 $ 4,462 $ 486,862 $
Totals 482,400 $ 4,462 $ 486,862 $
City of San Dimas
Notes to Financial Statements
For the Fiscal Year Ended June 30, 2025
-53-
7) LONG-TERM LIABILITIES, (continued)
Lease Liabilities
As of June 30, 2025, the City had 2 active leases. The leases have payments that range from $1,803 to $13,805 and interest rates that range from 1.1300% to 2.3310%. As of June 30, 2025, the total combined value of the lease liability is $63,806.The combined value of the right to use asset as of June 30, 2025 is $128,101 with accumulated amortization of $65,302, which is detailed in Note 4.
Year Ending Lease liability
June 30, Principal Interest Total
2026 15,551 $ 1,312 $ 16,863 $
2027 14,085 975 15,060 2028 14,417 643 15,060
2029 14,757 303 15,060
2030 4,996 24 5,020 Totals 63,806 $ 3,257 $ 67,063 $
Subscription Liabilities
As of June 30, 2025, the City had 6 active subscriptions. The subscriptions have payments that range from $4,900 to $75,037 and interest rates that range from 2.1840% to 2.8480%.
As of June 30, 2025, the total combined value of the subscription liability is $133,202. The combined value of the right to use asset, as of June 30, 2025 of $448,483 with accumulated amortization of $302,769 is detailed in Note 4.
Year Ending Subscription liability
June 30, Principal Interest Total
2026 105,700 $ 3,277 $ 108,977 $
2027 27,502 716 28,218 Totals 133,202 $ 3,993 $ 137,195 $ Compensated Absences
The City's policy relating to compensated absences is described in Note 1 of the Notes to Financial Statements. This liability will be paid in future years from future resources. The outstanding liability for compensated absences accrued was $1,708,489.
Beginning Ending Due Within
Balance Additions Deletions Balance One Year
Compensated Absences 1,584,718 $ 1,071,747 $ 947,976 $ 1,708,489 $ 756,089 $
City of San Dimas
Notes to Financial Statements
For the Fiscal Year Ended June 30, 2025
-54-
8) INTERFUND RECEIVABLES, PAYABLES AND TRANSFERS
Advances To/From Other Funds
Advances from
Other Funds
Golf Course
Maintenance
Advances to Other Funds and Operations
General Fund 6,991,171 $
The City of San Dimas has outstanding loans that were made in the 1980’s to the Golf Course Maintenance and Operations Fund that bear interest at 2% per annum. The annual payments are based on the cash available, once excess revenue over expenditures is calculated at year-end. As of June 30, 2025, principal and accrued unpaid interest owed on those loans was $6,991,171.
Interfund Transfers
Transfers Out
General Nonmajor
Transfers In Fund Funds Total
General Fund - $ 402,000 $ 402,000 $
Nonmajor Funds 540,541 - 540,541 Totals 540,541 $ 402,000 $ 942,541 $ The City uses the Infrastructure Replacement, Landscape Parcel Tax, and the Open Space Maintenance District Fund to account for some of its capital projects. The funding sources for those projects were reported as transfers from the General Fund in the amount of $253,076.
The General Fund transferred $287,465 to the Housing Authority (Housing Successor) for the ROPS approved payment on the Walker House Loan.
The non-major funds transferred $402,000 to the General Fund for eligible administrative costs associated with maintaining those funds and capital projects.
City of San Dimas
Notes to Financial Statements
For the Fiscal Year Ended June 30, 2025
-55-
9) COMMITMENTS AND CONTINGENCIES
a. Litigation
At June 30, 2025, the City was involved as a defendant in a lawsuit arising out of the ordinary conduct of its affairs. It is the opinion of City management that settlements of these lawsuits, including losses for claims that are incurred but not reported, if any, will not have a material effect on the financial position of the City. b. Construction Commitments (Outstanding Purchase Orders) The following material construction commitments existed at June 30, 2025:
Remaining Commitments
Fund as of June 30, 2025
General Fund 1,491,868 $
Aggregate Remaining Funds 2,333,298 Total 3,825,166 $
The remainder of the page was intentionally left blank
City of San Dimas
Notes to Financial Statements
For the Fiscal Year Ended June 30, 2025
-56-
III. OTHER DISCLOSURES
10) SELF-INSURANCE OBLIGATIONS
a. Description of Self-Insurance Pool Pursuant to Joint Powers Agreement The City of San Dimas is a member of the CALIFORNIA JOINT POWERS INSURANCE AUTHORITY (Authority). The Authority is composed of 116 California public entities and is organized under a joint powers agreement pursuant to California Government Code §6500 et seq. The purpose of the Authority is to arrange and administer programs for the pooling of self-insured losses, to purchase excess insurance or reinsurance, and to arrange for group purchased insurance for property and other lines of coverage. The California JPIA began covering claims of its members in 1978. Each member government has an elected official as its representative on the Board of Directors. The Board operates through a nine-member Executive Committee. b. Primary Self-Insurance Programs of the Authority
Each member pays an annual contribution at the beginning of the coverage period. The total funding requirement for primary self-insurance programs is based on an actuarial analysis. Costs are allocated to individual agencies based on payroll and claims history, relative to other members of the risk-sharing pool.
Primary Liability Program
Claims are pooled separately between police and general government exposures. (1) The payroll of each member is evaluated relative to the payroll of other members. A variable credibility factor is determined for each member, which establishes the weight applied to payroll and the weight applied to losses within the formula. (2) The first layer of losses includes incurred costs up to $100,000 for each occurrence and is evaluated as a percentage of the pool’s total incurred costs within the first layer. (3) The second layer of losses includes incurred costs from $100,000 to $500,000 for each occurrence and is evaluated as a percentage of the pool’s total incurred costs within the second layer. (4) Incurred costs from $500,000 to $50 million, are distributed based on the outcome of cost allocation within the first and second loss layers.
The overall coverage limit for each member, including all layers of coverage, is $50 million per occurrence. Subsidence losses also have a $50 million per occurrence limit.
The coverage structure is composed of a combination of pooled self-insurance, reinsurance, and excess insurance. Additional information concerning the coverage structure is available on the Authority’s website: https://cjpia.org/coverage/risk-sharingpools/.
City of San Dimas
Notes to Financial Statements
For the Fiscal Year Ended June 30, 2025
-57-
10) SELF-INSURANCE OBLIGATIONS, (continued)
b. Primary Self-Insurance Programs of the Authority, (continued) Primary Workers’ Compensation Program
Claims are pooled separately between public safety (police and fire) and general government exposures. (1) The payroll of each member is evaluated relative to the payroll of other members. A variable credibility factor is determined for each member, which establishes the weight applied to payroll and the weight applied to losses within the formula. (2) The first layer of losses includes incurred costs up to $75,000 for each occurrence and is evaluated as a percentage of the pool’s total incurred costs within the first layer. (3) The second layer of losses includes incurred costs from $75,000 to $200,000 for each occurrence and is evaluated as a percentage of the pool’s total incurred costs within the second layer. (4) Incurred costs from $200,000 to statutory limits are distributed based on the outcome of cost allocation within the first and second loss layers.
For 2024-25 the Authority’s pooled retention is $1 million per occurrence, with reinsurance to statutory limits under California Workers’ Compensation Law. Employer’s Liability losses are pooled among members to $1 million. Coverage from $1 million to $5 million is purchased through reinsurance policies, and Employer’s Liability losses from $5 million to $10 million are pooled among members.
c. Purchased Insurance
Pollution Legal Liability Insurance
The City of San Dimas participates in the pollution legal liability insurance program which is available through the Authority. The policy covers sudden and gradual pollution of scheduled property, streets, and storm drains owned by the City of San Dimas.
Coverage is on a claims-made basis. There is a $250,000 deductible. The Authority has an aggregate limit of $20 million.
Property Insurance
The City of San Dimas participates in the all-risk property protection program of the Authority. This insurance protection is underwritten by several insurance companies.
City of San Dimas property is currently insured according to a schedule of covered property submitted by the City of San Dimas to the Authority. City of San Dimas property currently has all-risk property insurance protection in the amount of $57,963,484. There is a $10,000 deductible per occurrence except for non-emergency vehicle insurance which has a $2,500 deductible.
Crime Insurance
The City of San Dimas purchases crime insurance coverage in the amount of $1,000,000 with a $2,500 deductible. The fidelity coverage is provided through the Authority.
City of San Dimas
Notes to Financial Statements
For the Fiscal Year Ended June 30, 2025
-58-
10) SELF-INSURANCE OBLIGATIONS, (continued)
d. Adequacy of Protection
During the past three fiscal years, none of the above programs of protection experienced settlements or judgments that exceeded pooled or insured coverage. There were also no significant reductions in pooled or insured liability coverage in 2024-25. 11) SUCCESSOR AGENCY TRUST FOR ASSETS OF FORMER REDEVELOPMENT AGENCY
On December 29, 2011, the California Supreme Court upheld Assembly Bill 1X 26 (“the Bill”) that provided for the dissolution of all redevelopment agencies in the State of California. This action impacted the reporting entity of the City of San Dimas that previously had reported a redevelopment agency within the reporting entity of the City as a blended component unit.
The Bill provided that upon dissolution of a redevelopment agency, either the city or another unit of local government will agree to serve as the “successor agency” to hold the assets until they are distributed to other units of state and local government. On January 10, 2012, the City Council elected to become the Successor Agency for the former redevelopment agency in accordance with the Bill as part of City resolution number 2012-02.
After enactment of the law, which occurred on June 28, 2011, redevelopment agencies in the State of California cannot enter into new projects, obligations or commitments. Subject to the control of a newly established oversight board, remaining assets can only be used to pay enforceable obligations in existence at the date of dissolution (including the completion of any unfinished projects that were subject to legally enforceable contractual commitments).
Successor agencies will only be allocated revenue in the amount that is necessary to pay the estimated annual installment payments on enforceable obligations of the former redevelopment agency until all enforceable obligations of the prior redevelopment agency have been paid in full and all assets have been liquidated.
In accordance with the timeline set forth in the Bill (as modified by the California Supreme Court on December 29, 2011) all redevelopment agencies in the State of California were dissolved and ceased to operate as a legal entity as of February 1, 2012. After the date of dissolution, the assets and activities of the dissolved redevelopment agency are reported in a fiduciary fund (private-purpose trust fund) in the financial statements of the City.
City of San Dimas
Notes to Financial Statements
For the Fiscal Year Ended June 30, 2025
-59-
11) SUCCESSOR AGENCY TRUST FOR ASSETS OF FORMER REDEVELOPMENT AGENCY, (continued)
a. Cash and investments
As of June 30, 2025: the Successor Agency did not a report cash and investments balance.
b. Long-Term Debt
The following debt was transferred from the Redevelopment Agency to the Successor Agency as of February 1, 2012, as a result of the dissolution.
A description of long-term debt outstanding (excluding defeased debt) of the Successor Agency as of June 30, 2025, follows:
Beginning Ending Due Within
Fiduciary Funds: Balance Additions Deletions Balance One Year Notes and Loans from Direct Borrowings
and Direct Placements
City Loans 11,479,679 $ 40,704 $ 1,437,325 $ 10,083,058 $ 605,044 $ Walker House Loan 467,828 - 109,079 358,749 114,533 Totals 11,947,507 $ 40,704 $ 1,546,404 $ 10,441,807 $ 719,577 $ City Loans
The City of San Dimas made loans to the Former Redevelopment Agency that bear interest at rates up to 5.5%. On September 23, 2015 Governor Jerry Brown signed SB 107 which adjusted all interest on loans to the Former Redevelopment Agency to a max simple interest of 3%. As of June 30, 2025, principal and interest owed on those loans was $11,479,679. Loans include non-housing projects with a remaining principal of $7,736,534 for the Creative Growth project area, $964,200 for the Rancho San Dimas project area and, $467,828 for the Walker House Loan. Repayment approval is pending a review of additional documentation from the City for the Creative Growth and the Rancho San Dimas Project on the City of San Dimas’ Recognized Obligation Payment Schedule (ROPS). The California Department of Finance approved repayment of $605,044 for fiscal year 2025/26 through the ROPS. There is no repayment schedule for the City loans.
Walker House Loan
The Walker House LLC loaned the Agency $1,650,000 for Agency operations. The note bears interest of 5% with annual principal and interest payments due June 30th each year with the first payment date of June 30, 2009. The term of the note is 20 years. The balance outstanding at June 30, 2025, is $358,749. This liability was transferred to the Successor Agency upon dissolution of the redevelopment agency.
City of San Dimas
Notes to Financial Statements
For the Fiscal Year Ended June 30, 2025
-60-
11) SUCCESSOR AGENCY TRUST FOR ASSETS OF FORMER REDEVELOPMENT AGENCY, (continued)
b. Long-Term Debt, (continued)
Walker House Loan, (continued)
The following schedule illustrates the debt service requirements to maturity as of June 30, 2025:
Fiscal Year Walker House Loan
Ending June 30, Principal Interest
2026 114,533 $ 17,937 $
2027 120,261 12,211 2028 123,955 6,198 Totals 358,749 $ 36,346 $ c. Insurance
The Successor Agency is covered under the City of San Dimas’s insurance policies.
Therefore, the limitation and self-insured retentions applicable to the City also apply to the Successor Agency. Additional information as to coverage and self-insured retentions can be seen in Note 10.
d. Commitments and Contingencies
At June 30, 2025, the Successor Agency was involved as a defendant in a lawsuit arising out of the ordinary conduct of its affairs. It is the opinion of management that settlements of these lawsuits, including losses for claims that are incurred but not reported, if any, will not have a material effect on the financial position of the Successor Agency. 12) TAX ABATEMENT
The Former Redevelopment Agency entered into a tax abatement agreement of sales and use tax revenue (including without limitation any reimbursement paid to Agency or City from the sales and use tax in-lieu fund as provided by Section 97.68 of the California Revenue and Taxation Code) with a local retailer under the authority of the City Council of the City of San Dimas. This agreement created a performance-based incentive from revenue that is generated from sales, property, and business license taxes for the retailer, however, also included leased parking lot space for public use for the City. Tax abated each year is a calculation of the product of fifty percent (50%) multiplied by the portion of the Sales Tax in excess of $200,000 during the year. For the fiscal year ended June 30, 2025, the now Successor Agency to the Former RDA, abated tax increment totaling $3,017,002 under this agreement. This tax abatement is scheduled to end in the 2026-27 fiscal year, however, if the note is not fulfilled, it will be extended by three years.
City of San Dimas
Notes to Financial Statements
For the Fiscal Year Ended June 30, 2025
-61-
13) STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY
The following major governmental fund and fiduciary fund reported a deficit fund balance at June 30, 2025:
Deficit Fund
Balance
Government Funds:
Major Governmental Funds:
Golf Course Maintenance and Operation (4,743,763) $
Other Governmental Funds:
Landscape Parcel Tax (68,412) North & West Park District (67,769) Fiduciary Funds:
Successor Agency of the Former RDA (8,492,560) $
REQUIRED SUPLEMENTARY
INFORMATION
This page intentionally left blank
This page intentionally left blank
City of San Dimas
Budgetary Comparison Schedule by Department
General Fund
For the Year Ended June 30, 2025
-62-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 44,974,718 $ 44,974,718 $ 44,974,718 $ - $ Resources (Inflows):
Taxes 23,792,488 23,789,171 24,207,454 418,283 Licenses and permits 1,462,025 1,539,022 1,995,045 456,023 Intergovernmental 394,004 415,842 269,208 (146,634) Charges for services 1,563,510 1,563,510 1,885,754 322,244 Use of money and property 1,650,569 1,650,569 5,455,828 3,805,259 Fines and forfeitures 468,075 468,075 527,286 59,211 Miscellaneous 637,051 4,037,051 3,951,651 (85,400) Transfers in 402,000 402,000 402,000 - Lease acquisition - 71,036 71,036 - Subscription acquisition - 29,174 29,174 - Amounts Available for Appropriations 75,344,440 78,940,168 83,769,154 4,828,986 Charges to Appropriation (Outflow):
General government
City council 234,175 250,175 222,023 28,152 City manager/City clerk 1,364,926 1,440,926 1,197,696 243,230 Administrative services 1,619,729 1,734,151 1,630,186 103,965 City attorney 675,000 540,000 392,971 147,029
General services 3,630,358 3,987,448 3,651,010 336,438
Economic development 23,500 15,750 3,986 11,764 Public safety Law enforcement 9,476,458 9,501,458 9,190,338 311,120 Risk management/law enforcement 5,000 5,000 - 5,000 Emergency services 37,050 37,050 12,604 24,446 General services 36,000 20,000 12,792 7,208 Community development
Community development 2,754,641 2,951,442 2,398,666 552,776 Parks and recreation Facilities 1,037,266 1,091,411 1,036,193 55,218 Civic center 341,435 341,935 315,730 26,205 Senior center/community building 505,928 516,020 476,515 39,505 Park maintenance 648,268 733,742 630,239 103,503 Parkways and trees 802,107 899,144 832,024 67,120 Recreation 1,661,477 1,726,205 1,617,673 108,532
Swim and racquet club 1,246,377 1,286,582 1,112,493 174,089 Public works
Public works 1,970,600 2,442,605 1,740,967 701,638
Street maintenance 1,541,750 1,695,106 1,288,531 406,575 Vehicle/yard maintenance 518,426 524,174 395,853 128,321 Traffic control 745,995 831,351 565,934 265,417
Capital outlay 915,500 2,500,596 950,211 1,550,385 Debt service:
Principal retirement - 157,814 157,814 - Transfers out 540,541 540,541 540,541 - Total Charges to Appropriations 32,332,507 35,770,626 30,372,990 5,397,636 Budgetary Fund Balance, June 30 43,011,933 $ 43,169,542 $ 53,396,164 $ 10,226,622 $
City of San Dimas
Budgetary Comparison Schedule
Golf Course Maintenance and Operation Fund
For the Year Ended June 30, 2025
-63-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance (deficit), July 1 (5,360,641) $ (5,360,641) $ (5,360,641) $ - $ Resources (Inflows):
Use of money and property 652,000 652,000 904,262 252,262 Miscellaneous 330,000 330,000 406,766 76,766 Amounts Available for Appropriations (4,378,641) (4,378,641) (4,049,613) 329,028 Charges to Appropriation (Outflow):
Parks and recreation 267,000 267,000 267,409 (409) Public works - 100,000 64,831 35,169 Debt service:
Interest and fiscal charges 385,000 500,000 361,910 138,090 Total Charges to Appropriations 652,000 867,000 694,150 172,850 Budgetary Fund Balance (Deficit), June 30 (5,030,641) $ (5,245,641) $ (4,743,763) $ 501,878 $
This page intentionally left blank.
City of San Dimas
Notes to Required Supplementary Information
For the Year Ended June 30, 2025
-64-
1) BUDGET PROCEDURES
a. Budgetary Data
General Budget Policies
The City Council approves each year's budget submitted by the City manager prior to the beginning of the new fiscal year. Public hearings are conducted prior to its adoption by the Council. Intradepartmental budget changes are approved by the City manager. Expenditures may not exceed appropriations at the departmental level for the General Fund and at the functional level for the remaining Special Revenue funds, which are the legal levels of control. At fiscal year-end all unencumbered operating budget appropriations lapse. During the year several supplementary appropriations were necessary.
Budget Basis of Accounting
Budgets for governmental funds are adopted to the same basis consistent with generally accepted accounting principles (GAAP). Annual budgets are adopted for the General, Special Revenue, Debt Service Funds and Capital Project funds. No budget was adopted for the South Park District Fund and the Property Developmental Tax Community Wide Fund from the Special Revenue funds.
Budgets
b. Excess of Expenditures over Appropriations are as follows:
There was no excess of expenditures over appropriation as of June 30, 2025.
The remainder of the page was intentionally left blank
This page intentionally left blank.
City of San Dimas
Schedule of Proportionate Share of Net Pension Liability As of June 30, for the Last Ten Fiscal Years
-65-
Measurement Date
Employer's
Proportion of the
Collective Net
Pension Liability1 Employer's
Proportionate
Share of the
Collective Net
Pension Liability
Employer's
Covered Payroll
Employer's
Proportionate
Share of the
Collective Net
Pension
Liability as a
Percentage of
the Employer's
Covered Payroll
Pension Plan
Fiduciary Net
Position as a
Percentage of
the Total
Pension Liability
6/30/2015 0.11920% 8,182,059 $ 5,084,153 $ 160.93% 78.40% 6/30/2016 0.12074% 10,447,866 5,137,893 203.35% 74.06%
6/30/2017 0.11863% 11,764,435 5,404,633 217.67% 73.31%
6/30/2018 0.11494% 11,076,275 5,646,432 196.16% 75.26%
6/30/2019 0.11742% 12,031,846 5,928,291 202.96% 75.26%
6/30/2020 0.11924% 12,974,156 5,973,410 217.20% 75.10%
6/30/2021 0.12587% 6,807,411 5,740,092 118.59% 88.29%
6/30/2022 0.11779% 15,541,335 6,218,229 249.93% 76.68%
6/30/2023 0.13314% 16,610,478 6,892,393 241.00% 76.21%
6/30/2024 0.13183% 15,987,517 7,214,765 221.59% 78.08%
1 Proportion of the net pension liability represents the plan's proportion of PERF C, which includes both the Miscellaneous and Safety Risk Pools excluding the 1959 Survivors Risk Pool.
This page intentionally left blank.
City of San Dimas
Schedule of Plan Contributions
As of June 30, for the Last Ten Fiscal Years
-66-
Fiscal Year
Actuarially
Determined
Contribution
Contributions
in Relation to
the Actuarially
Determined
Contribution
Contribution
Deficiency
(Excess)
Employer's
Covered
Payroll
Contributions
as a
Percentage
of Covered
Payroll
6/30/2016 971,751 $ (1,071,751) $ (100,000) $ 5,137,893 $ 20.86% 6/30/2017 1,072,252 (1,255,961) (183,709) 5,404,633 23.24% 6/30/2018 915,269 (1,095,269) (180,000) 5,646,432 19.40% 6/30/2019 1,069,480 (1,269,480) (200,000) 5,928,291 21.41% 6/30/2020 1,638,660 (1,438,660) 200,000 5,973,410 24.08% 6/30/2021 1,368,607 (1,447,098) (78,491) 5,740,092 25.21% 6/30/2022 1,549,249 (1,549,249) - 6,218,229 24.91%
6/30/2023 1,845,344 (1,845,344) - 6,892,393 26.77%
6/30/2024 2,282,378 (2,282,378) - 7,214,765 31.63%
6/30/2025 2,055,034 (2,555,034) (500,000) 7,785,541 32.82% Notes to Schedule:
Changes in Assumptions: There were no assumption changes in 2023 or 2024. Effective with the June 30, 2021, valuation date (June 30, 2022, measurement date), the accounting discount rate was reduced from
7.15% to 6.90%. In determining the long-term expected rate of return, CalPERS took into account long-term market return expectations as well as the expected pension fund cash flows. In addition, demographic assumptions and the price inflation assumption were changed in accordance with the 2021 CalPERS Experience Study and Review of Actuarial Assumptions. The accounting discount rate was 7.15% for measurement dates June 30, 2017, through June 30, 2021, and 7.65% for measurement dates June 30, 2015, through June 30, 2016.
Changes in Benefit Terms: There were no changes to benefit terms that applied to all members of the Public Agency Pool. However, individual employers in the Plan may have provided a benefit improvement to their employees such as Golden Handshakes, service purchases, and other prior service costs. Employers that have done so may need to report this information as a separate liability in their financial statement as CalPERS considers such amounts to be separately financed employer-specific liabilities. These employers should consult with their auditors. Additionally, the figures above do not include any liability impact that occurred after the June 30, 2023, valuation date, unless the liability impact is deemed to be material to the Public Agency Pool.
City of San Dimas
Schedule of Changes in the Total OPEB Liability and Related Ratios As of June 30, for the Last Ten Fiscal Years (1)
-67-
2018 2019 2020 2021
Total OPEB Liability
Service cost 78,902 $ 81,585 $ 82,358 $ 112,307 $
Interest on the total OPEB liability 61,911 64,660 68,360 72,923 Actual and expected experience difference - - 145,032 - Changes in assumptions - (28,380) 106,411 182,971 Benefit payments (2) (61,115) (64,171) (70,361) (70,117) Net change in total OPEB liability 79,698 53,694 331,800 298,084 Total OPEB liability - beginning 1,772,566 1,852,264 1,905,958 2,237,758 Total OPEB liability - ending (a) 1,852,264 $ 1,905,958 $ 2,237,758 $ 2,535,842 $ Total OPEB Liability/(Assets) - ending (a) - (b) 1,852,264 $ 1,905,958 $ 2,237,758 $ 2,535,842 $ Plan fiduciary net position as a percentage of the total OPEB liability 0.00% 0.00% 0.00% 0.00% Covered-employee payroll $ 5,970,048 5,520,000 $ 5,971,482 $ 6,128,500 $ Total OPEB liability as a percentage of covered-employee payroll 33.56% 31.93% 37.47% 41.38% (2) Includes implied subsidy.
(1) Historical information is required only for the measurement periods for which GASB 75 is applicable. Fiscal Year 2018 was the first year of implementation. Future years' information will be displayed up to 10 years as information becomes available.
Notes to Schedule: The City does not have assets accumulated in a trust that meet the criteria of GASB 75 to pay related benefits. Benefits are not based on a measure of pay, therefore covered-employee payroll is used.
Changes in assumptions: The discount rate was changed from 3.65% to 3.93% for the measurement period ended June 30, 2024.
-68-
2022 2023 2024 2025
$ 183,685 115,676 $ 139,041 $ 146,578 $
64,925 67,977 90,722 83,504
(4,266) 227,573 (351,697) -
(539,399) 82,874 (52,494) (87,579)
(125,754) (51,010) (122,165) (94,080)
(420,809) 443,090 (296,593) 48,423
2,978,932 2,535,842 2,558,123 2,261,530 $ 2,558,123 2,978,932 $ 2,261,530 $ 2,309,953 $ $ 2,558,123 2,978,932 $ 2,261,530 $ 2,309,953 $
0.00% 0.00% 0.00% 0.00%
$ 6,892,393 6,297,034 $ 7,214,765 $ 7,785,541 $
47.31% 37.12% 31.35% 29.67%
This page intentionally left blank
SUPLEMENTARY INFORMATION
This page intentionally left blank
City of San Dimas
Non-Major Governmental Funds
-69-
Special Revenue Funds
Special revenue funds are used to account for specific revenues that are legally restricted to expenditure for particular purposes.
Gas Tax Fund - this fund is used to account for receipts and expenditures of monies apportioned to the City under Sections 2103, 2105, 2106, 2107 and 2107.5 of the California Streets and Highway Code.
Sewer Expansion Fund - this fund is used to account for receipts and expenditures of monies apportioned to the City under sewer maintenance and industrial waste reimbursements from the County and private property connections to the public sewer fees.
City Wide Lighting District Fund - is used to account for the cost of providing lighting and intersection safety lighting on all City streets. The Engineering Division provides engineering and administration for the street lighting assessment district.
Landscape Parcel Tax Fund - this fund is used to account for financial activity relating to the voter approved property tax assessment. Revenues include assessment to property owners and a transfer from the General Fund. Expenditures are exclusive to the maintenance of parks, parkways, medians, and trees.
Infrastructure Replacement Fund - this fund is used to account for major capital improvement projects associated with the Cities infrastructure.
Property Development Tax Community Wide Fund - this fund is used to account for the parks and facilities capital improvement projects of which the funding source was not derived from development projects related to specific districts. This fund had no legally adopted budget for fiscal year 2025.
North & West Park District Fund - this fund is used to account for revenues and expenditures associated with the acquisition and preservation of north & west districts open space.
East Park District Fund - this fund is used to account for revenues and expenditures associated with the acquisition and preservation of east districts open space.
South Park District Fund - this fund is used to account for revenues and expenditures associated with the acquisition and preservation of south districts open space. No budget was adopted for this fund.
Housing Authority (Housing Successor) Fund - this fund is used to account for the administrative costs of winding down the affairs of the former San Dimas Redevelopment Agency.
Housing & Community Development Fund - this fund is used to account for grant revenue received from the Department of Housing and Urban Development. The funds will be used for housing rehabilitation programs.
This page intentionally left blank.
City of San Dimas
Non-Major Governmental Funds
-70-
Citizen’s Option for Public Safety Fund - this fund is used to account for receipts and expenditures of monies apportioned to the City from a State COPS grant for law enforcement.
Special Revenue Funds, (continued)
Air Quality Management District Fund - this fund is used to account for clean air fees collected by the State and distributed by the Southern California Air Quality Management District (SCAQMD) for clean air projects.
Proposition A Local Transit Fund - this fund is used to account for the financial activity related to the City’s share of Proposition A monies. Proposition A increased sales tax in Los Angeles County by one-half percent (0.5%) and is used for transportation related purposes.
Transportation Proposition C Fund - this fund is used to account for the financial activity related to the City’s share of Proposition C monies. Proposition C increased sales tax in Los Angeles County by one-half percent (0.5%) and is used for transportation related purposes.
Open Space Maintenace District Fund - this fund is used to account for the parks and facilities capital improvement projects.
Measure R Transit Fund - this fund is used to account for receipts and expenditures of monies apportioned to the City under Measure R, a voter approved retail transactions and use tax at the rate of one-half percent (0.5%) for a period of 30 years. This money is restricted to expenditures that maintain and improve City streets and for transportation services.
Measure M Transit Fund - this fund is used to account for receipts and expenditures of monies apportioned to the City under Measure R, a voter approved retail transactions and use tax at the rate of one-half percent (0.5%) for a period of 30 years. This money is restricted to expenditures that maintain and improve City streets and for transportation services.
Road Maintenance Rehabilitation Act Fund - this fund is used to account for receipts and expenditures of monies apportioned to the City under the Road Maintenance Rehab Act. The funds are generated by increases in the gas tax and vehicle license fees.
Measure W Storm Water Fund - In November 2018 ballot, Los Angeles voters approved the Safe Clean Water Parcel Tax of 2.5 cents a square foot of “impermeable space.” Revenue generated from Measure W will be used to pay for regional and municipal projects that improve water quality & retention, prepare for future drought, and provide community benefits such as parks or wetlands. It is anticipated that the funds will be used for storm water projects in compliance with the MS4 permit.
Housing Authority Fund - this fund is used to account for debt service payments associated with the 1998 Mobile Home Park Revenue Bonds. The bonds were issued to finance the Authority’s acquisition of a mobile home park know as Charter Oak Mobile Home Estates. The Revenue Bonds were refinanced in 2020 to reduce the principal and interest.
City of San Dimas
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2025
-71-
Special Revenue Funds
Sewer City Wide Landscape
Gas Tax Expansion Lighting District Parcel Tax
ASSETS
Cash and investments 1,516,641 $ 1,409,473 $ 4,929,549 $ 81,113 $ Receivables:
Accounts - 15,654 3,600 296 Taxes 82,389 250 42,953 11,542 Notes and loans - - - - Grants - - - - Cash and investments with fiscal agents - - - - Total Assets 1,599,030 $ 1,425,377 $ 4,976,102 $ 92,951 $
LIABILITIES, DEFERRED INFLOWS OF RESOURCES
AND FUND BALANCES
Liabilities:
Accounts payable 9,611 $ 6,912 $ 166,986 $ 161,363 $
Accrued liabilities - - - - Deposits payable - - - - Due to other funds - - - - Unearned revenues - - - - Total Liabilities 9,611 6,912 166,986 161,363 Deferred Inflows of Resources:
Unavailable revenues - - - - Total Deferred Inflows of Resources - - - - Fund Balances:
Restricted for:
Public safety - - - - Parks and recreation - - - - Public works 1,589,419 1,418,465 4,809,116 - Housing - - - - Committed to:
Parks and recreation - - - - Public works - - - - Unassigned - - - (68,412) Total Fund Balances 1,589,419 1,418,465 4,809,116 (68,412) Total Liabilities, Deferred Inflows of Resources,
and Fund Balances 1,599,030 $ 1,425,377 $ 4,976,102 $ 92,951 $
City of San Dimas
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2025 (Continued)
-72-
Special Revenue Funds
Property
Infrastructure Development Tax North &
Replacement Community Wide West Park District East Park District ASSETS
Cash and investments 2,946,984 $ 121,529 $ - $ 374,676 $ Receivables:
Accounts - - - - Taxes - - - - Notes and loans - - - - Grants 12,710 - 389,568 - Cash and investments with fiscal agents - - - - Total Assets 2,959,694 $ 121,529 $ 389,568 $ 374,676 $
LIABILITIES, DEFERRED INFLOWS OF RESOURCES
AND FUND BALANCES
Liabilities:
Accounts payable 408,801 $ - $ - $ - $
Accrued liabilities - - - - Deposits payable - - - - Due to other funds - - 67,769 - Unearned revenues 87,113 - - - Total Liabilities 495,914 - 67,769 - Deferred Inflows of Resources:
Unavailable revenues 12,710 - 389,568 - Total Deferred Inflows of Resources 12,710 - 389,568 - Fund Balances:
Restricted for:
Public safety - - - - Parks and recreation - - - 374,676 Public works 2,451,070 - - - Housing - - - - Committed to:
Parks and recreation - 121,529 - - Public works - - - - Unassigned - - (67,769) - Total Fund Balances 2,451,070 121,529 (67,769) 374,676 Total Liabilities, Deferred Inflows of Resources, and Fund Balances 2,959,694 $ 121,529 $ 389,568 $ 374,676 $
City of San Dimas
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2025
-73-
Special Revenue Funds
Housing Authority Housing & Citizen's
(Housing Community Option for
South Park District Successor) Development Public Safety ASSETS
Cash and investments 29,791 $ 1,375,833 $ - $ 320,136 $ Receivables:
Accounts - - - - Taxes - - - - Notes and loans - - 216,818 - Grants - - 75,497 - Cash and investments with fiscal agents - - - - Total Assets 29,791 $ 1,375,833 $ 292,315 $ 320,136 $
LIABILITIES, DEFERRED INFLOWS OF RESOURCES
AND FUND BALANCES
Liabilities:
Accounts payable - $ 34,826 $ 17,298 $ - $
Accrued liabilities - 5,543 - - Deposits payable - - - - Due to other funds - - 58,199 - Unearned revenues - - - - Total Liabilities - 40,369 75,497 - Deferred Inflows of Resources:
Unavailable revenues - - 216,818 - Total Deferred Inflows of Resources - - 216,818 - Fund Balances:
Restricted for:
Public safety - - - 320,136 Parks and recreation - - - - Public works - - - - Housing - 1,335,464 - - Committed to:
Parks and recreation - - - - Public works 29,791 - - - Unassigned - - - - Total Fund Balances 29,791 1,335,464 - 320,136 Total Liabilities, Deferred Inflows of Resources, and Fund Balances 29,791 $ 1,375,833 $ 292,315 $ 320,136 $
City of San Dimas
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2025 (Continued)
-74-
Special Revenue Funds
Air Quality Open Space
Management Proposition A Transportation Maintenance
District Local Transit Proposition C District
ASSETS
Cash and investments 149,001 $ 3,138,192 $ 2,569,736 $ 10,977 $ Receivables:
Accounts 11,807 - - - Taxes - - - 898 Notes and loans - - - - Grants - - - - Cash and investments with fiscal agents - - - - Total Assets 160,808 $ 3,138,192 $ 2,569,736 $ 11,875 $
LIABILITIES, DEFERRED INFLOWS OF RESOURCES
AND FUND BALANCES
Liabilities:
Accounts payable - $ 120,643 $ 17,634 $ 6,589 $
Accrued liabilities - - - - Deposits payable - 1,853 - - Due to other funds - - - - Unearned revenues - - - - Total Liabilities - 122,496 17,634 6,589 Deferred Inflows of Resources:
Unavailable revenues 11,807 - - - Total Deferred Inflows of Resources 11,807 - - - Fund Balances:
Restricted for:
Public safety - - - - Parks and recreation - - - - Public works 149,001 3,015,696 2,552,102 - Housing - - - - Committed to:
Parks and recreation - - - 5,286 Public works - - - - Unassigned - - - - Total Fund Balances 149,001 3,015,696 2,552,102 5,286 Total Liabilities, Deferred Inflows of Resources, and Fund Balances 160,808 $ 3,138,192 $ 2,569,736 $ 11,875 $
City of San Dimas
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2025
-75-
Special Revenue Funds
Measure R Measure M Road Maint. Measure W
Transit Transit Rehab Act Storm Water
ASSETS
Cash and investments 1,701,550 $ 3,091,393 $ 2,442,770 $ 3,240,635 $ Receivables:
Accounts - - 167,359 - Taxes - - - - Notes and loans - - - - Grants - - - - Cash and investments with fiscal agents - - - - Total Assets 1,701,550 $ 3,091,393 $ 2,610,129 $ 3,240,635 $
LIABILITIES, DEFERRED INFLOWS OF RESOURCES
AND FUND BALANCES
Liabilities:
Accounts payable - $ 4,140 $ 16,840 $ 238,823 $
Accrued liabilities - - - - Deposits payable - - - - Due to other funds - - - - Unearned revenues - - - 1,065,799 Total Liabilities - 4,140 16,840 1,304,622 Deferred Inflows of Resources:
Unavailable revenues - - - - Total Deferred Inflows of Resources - - - - Fund Balances:
Restricted for:
Public safety - - - - Parks and recreation - - - - Public works 1,701,550 3,087,253 2,593,289 1,936,013 Housing - - - - Committed to:
Parks and recreation - - - - Public works - - - - Unassigned - - - - Total Fund Balances 1,701,550 3,087,253 2,593,289 1,936,013 Total Liabilities, Deferred Inflows of Resources, and Fund Balances 1,701,550 $ 3,091,393 $ 2,610,129 $ 3,240,635 $
City of San Dimas
Combining Balance Sheet
Nonmajor Governmental Funds
June 30, 2025 (Concluded)
-76-
Special Revenue
Funds
Total Other
Housing Governmental
Authority Funds
ASSETS
Cash and investments 4,426,711 $ 33,876,690 $
Receivables:
Accounts - 198,716 Taxes - 138,032
Notes and loans - 216,818
Grants 566,253 1,044,028 Cash and investments with fiscal agents 1,079,627 1,079,627 Total Assets 6,072,591 $ 36,553,911 $
LIABILITIES, DEFERRED INFLOWS OF RESOURCES
AND FUND BALANCES
Liabilities:
Accounts payable 10,166 $ 1,220,632 $
Accrued liabilities 6,626 12,169 Deposits payable - 1,853 Due to other funds - 125,968 Unearned revenues - 1,152,912 Total Liabilities 16,792 2,513,534 Deferred Inflows of Resources:
Unavailable revenues 566,253 1,197,156
Total Deferred Inflows of Resources 566,253 1,197,156
Fund Balances:
Restricted for:
Public safety - 320,136 Parks and recreation - 374,676
Public works - 25,302,974 Housing 5,489,546 6,825,010 Committed to:
Parks and recreation - 126,815 Public works - 29,791 Unassigned (136,181) - Total Fund Balances 5,489,546 32,843,221 Total Liabilities, Deferred Inflows of Resources, and Fund Balances 6,072,591 $ 36,553,911 $
City of San Dimas
Combining Statement of Revenues, Expenditures and Changes in Fund Balance Nonmajor Governmental Funds
For the Year Ended June 30, 2025
-77-
Special Revenue Funds
Sewer City Wide Landscape
Gas Tax Expansion Lighting District Parcel Tax
REVENUES
Taxes - $ 7,442 $ 1,868,050 $ 1,065,060 $
Intergovernmental 969,557 - 50,000 27,080 Charges for services - 87,208 - Use of money and property 66,243 - - - Miscellaneous - - - - Total Revenues 1,035,800 94,650 1,918,050 1,092,140 EXPENDITURES Current:
General government - - - - Public safety - - - - Community development - - - - Parks and recreation - - - 1,346,806 Public works 1,048,119 66,573 1,584,574 9,200 Capital outlay - - - - Debt service:
Principal retirement - - - -
Interest and fiscal charges - - - - Total Expenditures 1,048,119 66,573 1,584,574 1,356,006 Excess (Deficiency) of Revenues Over (Under) Expenditures (12,319) 28,077 333,476 (263,866) OTHER FINANCING SOURCES (USES) Transfers in - - - 157,507 Transfers out (250,000) - (150,000) - Total Other Financing Sources (Uses) (250,000) - (150,000) 157,507 Net Change in Fund Balances (262,319) 28,077 183,476 (106,359) Fund Balances (Deficit):
Beginning of Year 1,851,738 1,390,388 4,625,640 37,947
End of Year 1,589,419 $ 1,418,465 $ 4,809,116 $ (68,412) $
City of San Dimas
Combining Statement of Revenues, Expenditures and Changes in Fund Balance Nonmajor Governmental Funds
For the Year Ended June 30, 2025 (Continued)
-78-
Special Revenue Funds
Property
Infrastructure Development Tax North &
Replacement Community Wide West Park District East Park District
REVENUES
Taxes - $ 6,500 $ - $ 106,249 $
Intergovernmental 33,509 - 272,830 - Charges for services - - - - Use of money and property 39,867 - - - Miscellaneous 40,000 - - - Total Revenues 113,376 6,500 272,830 106,249 EXPENDITURES Current:
General government - - - - Public safety - - - - Community development - - - - Parks and recreation 2,469,133 - 700,889 18,633 Public works 397,386 - - - Capital outlay 260,827 - - - Debt service:
Principal retirement - - - -
Interest and fiscal charges - - - - Total Expenditures 3,127,346 - 700,889 18,633 Excess (Deficiency) of Revenues Over (Under) Expenditures (3,013,970) 6,500 (428,059) 87,616 OTHER FINANCING SOURCES (USES) Transfers in 93,752 - - - Transfers out - - - - Total Other Financing Sources (Uses) 93,752 - - - Net Change in Fund Balances (2,920,218) 6,500 (428,059) 87,616 Fund Balances (Deficit):
Beginning of Year 5,371,288 115,029 360,290 287,060
End of Year 2,451,070 $ 121,529 $ (67,769) $ 374,676 $
City of San Dimas
Combining Statement of Revenues, Expenditures and Changes in Fund Balance Nonmajor Governmental Funds
For the Year Ended June 30, 2025
-79-
Special Revenue Funds
Housing Authority Housing & Citizen's
(Housing Community Option for
South Park District Successor) Development Public Safety
REVENUES
Taxes - $ - $ - $ - $
Intergovernmental - 11,669 378,556 194,663 Charges for services - - - - Use of money and property - 184,744 - 16,398 Miscellaneous - - - - Total Revenues - 196,413 378,556 211,061 EXPENDITURES Current:
General government - - 378,556 - Public safety - - - 151,842 Community development - 813,145 - - Parks and recreation - - - - Public works - 39,768 - - Capital outlay - - - - Debt service:
Principal retirement - - - -
Interest and fiscal charges - - - - Total Expenditures - 852,913 378,556 151,842 Excess (Deficiency) of Revenues Over (Under) Expenditures - (656,500) - 59,219 OTHER FINANCING SOURCES (USES) Transfers in - 287,465 - - Transfers out - - - - Total Other Financing Sources (Uses) - 287,465 - - Net Change in Fund Balances - (369,035) - 59,219 Fund Balances (Deficit):
Beginning of Year 29,791 1,704,499 - 260,917
End of Year 29,791 $ 1,335,464 $ - $ 320,136 $
City of San Dimas
Combining Statement of Revenues, Expenditures and Changes in Fund Balance Nonmajor Governmental Funds
For the Year Ended June 30, 2025 (Continued)
-80-
Special Revenue Funds
Air Quality Open Space
Management Proposition A Transportation Maintenance
District Local Transit Proposition C District
REVENUES
Taxes - $ 894,189 $ 741,707 $ 46,358 $
Intergovernmental 44,871 - - - Charges for services - - - - Use of money and property 8,051 193,765 105,590 - Miscellaneous - 1,707 - - Total Revenues 52,922 1,089,661 847,297 46,358 EXPENDITURES Current:
General government - 4,086,626 - - Public safety 17,847 - - - Community development - - - - Parks and recreation - - - 51,210 Public works 61,329 660,332 737,069 - Capital outlay - - 5,000 - Debt service:
Principal retirement - - - -
Interest and fiscal charges - - - - Total Expenditures 79,176 4,746,958 742,069 51,210 Excess (Deficiency) of Revenues Over (Under) Expenditures (26,254) (3,657,297) 105,228 (4,852) OTHER FINANCING SOURCES (USES) Transfers in - - - 1,817 Transfers out (2,000) - - - Total Other Financing Sources (Uses) (2,000) - - 1,817 Net Change in Fund Balances (28,254) (3,657,297) 105,228 (3,035) Fund Balances (Deficit):
Beginning of Year 177,255 6,672,993 2,446,874 8,321
End of Year 149,001 $ 3,015,696 $ 2,552,102 $ 5,286 $
City of San Dimas
Combining Statement of Revenues, Expenditures and Changes in Fund Balance Nonmajor Governmental Funds
For the Year Ended June 30, 2025
-81-
Special Revenue Funds
Measure R Measure M Road Maint. Measure W
Transit Transit Rehab Act Storm Water
REVENUES
Taxes 556,177 $ 630,131 $ 949,715 $ 600,204 $
Intergovernmental - - - 413,521 Charges for services - - - - Use of money and property 74,732 123,185 94,882 145,829 Miscellaneous - - - - Total Revenues 630,909 753,316 1,044,597 1,159,554 EXPENDITURES Current:
General government - - - - Public safety - - - - Community development - - - - Parks and recreation - - - - Public works - 153,108 337,757 889,540 Capital outlay 658,172 46,080 - - Debt service:
Principal retirement - - - -
Interest and fiscal charges - - - - Total Expenditures 658,172 199,188 337,757 889,540 Excess (Deficiency) of Revenues Over (Under) Expenditures (27,263) 554,128 706,840 270,014 OTHER FINANCING SOURCES (USES) Transfers in - - - - Transfers out - - - - Total Other Financing Sources (Uses) - - - - Net Change in Fund Balances (27,263) 554,128 706,840 270,014 Fund Balances (Deficit):
Beginning of Year 1,728,813 2,533,125 1,886,449 1,665,999 End of Year 1,701,550 $ 3,087,253 $ 2,593,289 $ 1,936,013 $
City of San Dimas
Combining Statement of Revenues, Expenditures and Changes in Fund Balance Nonmajor Governmental Funds
For the Year Ended June 30, 2025 (Concluded)
-82-
Special Revenue
Funds
Total Other
Housing Governmental
Authority Funds
REVENUES
Taxes - $ 7,471,782 $
Intergovernmental - 2,396,256 Charges for services - 87,208 Use of money and property 3,109,944 4,163,230 Miscellaneous - 41,707 Total Revenues 3,109,944 14,160,183 EXPENDITURES Current:
General government 56,905 4,522,087 Public safety - 169,689 Community development 3,351,759 4,164,904 Parks and recreation - 4,586,671 Public works - 5,984,755
Capital outlay - 970,079 Debt service:
Principal retirement 473,800 473,800
Interest and fiscal charges 13,307 13,307 Total Expenditures 3,895,771 20,885,292 Excess (Deficiency) of Revenues Over (Under) Expenditures (785,827) (6,725,109) OTHER FINANCING SOURCES (USES) Transfers in - 540,541 Transfers out - (402,000) Total Other Financing Sources (Uses) - 138,541 Net Change in Fund Balances (785,827) (6,586,568) Fund Balances (Deficit):
Beginning of Year 6,275,373 39,429,789
End of Year 5,489,546 $ 32,843,221 $
City of San Dimas
Budgetary Comparison Schedule
Gas Tax Fund
For the Year Ended June 30, 2025
-83-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 1,851,738 $ 1,851,738 $ 1,851,738 $ - $ Resources (Inflows):
Intergovernmental 956,572 956,572 969,557 12,985 Use of money and property 40,000 40,000 66,243 26,243 Amounts Available for Appropriations 2,848,310 2,848,310 2,887,538 39,228 Charges to Appropriations (Outflow):
Public works 988,000 1,880,044 1,048,119 831,925 Capital outlay - 200,000 - 200,000 Transfers out 250,000 250,000 250,000 - Total Charges to Appropriations 1,238,000 2,330,044 1,298,119 1,031,925 Budgetary Fund Balance, June 30 1,610,310 $ 518,266 $ 1,589,419 $ 1,071,153
City of San Dimas
Budgetary Comparison Schedule
Sewer Expansion Fund
For the Year Ended June 30, 2025
-84-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 1,390,388 $ 1,390,388 $ 1,390,388 $ - $ Resources (Inflows):
Taxes 7,900 7,900 7,442 (458) Charges for services 85,500 85,500 87,208 1,708 Amounts Available for Appropriations 1,483,788 1,483,788 1,485,038 1,250 Charges to Appropriations (Outflow):
Public works 290,000 310,000 66,573 243,427 Total Charges to Appropriations 290,000 310,000 66,573 243,427 Budgetary Fund Balance, June 30 1,193,788 $ 1,173,788 $ 1,418,465 $ 244,677 $
City of San Dimas
Budgetary Comparison Schedule
City Wide Lighting District Fund
For the Year Ended June 30, 2025
-85-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 4,625,640 $ 4,625,640 $ 4,625,640 $ - $ Resources (Inflows):
Taxes 1,609,540 1,609,540 1,868,050 258,510
Intergovernmental 50,000 50,000 50,000 - Amounts Available for Appropriations 6,285,180 6,285,180 6,543,690 258,510 Charges to Appropriations (Outflow):
Public works 2,657,000 3,503,713 1,584,574 1,919,139 Capital outlay 360,000 360,000.00 - 360,000 Transfers out 150,000 150,000 150,000 - Total Charges to Appropriations 3,167,000 4,013,713 1,734,574 2,279,139 Budgetary Fund Balance, June 30 3,118,180 $ 2,271,467 $ 4,809,116 $ 2,537,649 $
City of San Dimas
Budgetary Comparison Schedule
Landscape Parcel Tax Fund
For the Year Ended June 30, 2025
-86-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 37,947 $ 37,947 $ 37,947 $ - $ Resources (Inflows):
Taxes 1,020,000 1,020,000 1,065,060 45,060
Intergovernmental 27,000 27,000 27,080 80 Transfers in 157,507 157,507 157,507 - Amounts Available for Appropriations 1,242,454 1,242,454 1,287,594 45,140 Charges to Appropriations (Outflow):
Parks and recreation 1,178,716 1,404,716 1,346,806 57,910 Public works 20,800 20,800 9,200 11,600
Total Charges to Appropriations 1,199,516 1,425,516 1,356,006 69,510 Budgetary Fund Balance (Deficit), June 30 42,938 $ (183,062) $ (68,412) $ 114,650 $ .
City of San Dimas
Budgetary Comparison Schedule
Infrastructure Replacement Fund
For the Year Ended June 30, 2025
-87-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 5,371,288 $ 5,371,288 $ 5,371,288 $ - $ Resources (Inflows):
Intergovernmental 2,723,352 2,723,352 33,509 (2,689,843) Use of money and property 40,000 117,000 39,867 (77,133) Miscellaneous 1,940,000 1,940,000 40,000 (1,900,000) Transfers in 93,752 93,752 93,752 - Amounts Available for Appropriations 10,168,392 10,245,392 5,578,416 (4,666,976) Charges to Appropriations (Outflow):
Parks and recreation 3,296,342 3,314,099 2,469,133 844,966 Public works 2,985,000 3,526,955 397,386 3,129,569 Capital outlay 2,885,043 3,139,510 260,827 2,878,683 Total Charges to Appropriations 9,166,385 9,980,564 3,127,346 6,853,218 Budgetary Fund Balance, June 30 1,002,007 $ 264,828 $ 2,451,070 $ 2,186,242 $
City of San Dimas
Budgetary Comparison Schedule
North & West Park District Fund
For the Year Ended June 30, 2025
-88-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 360,290 $ 360,290 $ 360,290 $ - $ Resources (Inflows):
Intergovernmental - - 272,830 272,830 Amounts Available for Appropriations 360,290 360,290 633,120 272,830 Charges to Appropriations (Outflow):
Parks and recreation - 981,821 700,889 280,932
Total Charges to Appropriations - 981,821 700,889 280,932 Budgetary Fund Balance (Deficit), June 30 360,290 $ (621,531) $ (67,769) $ 553,762 $
City of San Dimas
Budgetary Comparison Schedule
East Park District Fund
For the Year Ended June 30, 2025
-89-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 287,060 $ 287,060 $ 287,060 $ - $ Resources (Inflows):
Taxes - - 106,249 106,249 Amounts Available for Appropriations 287,060 287,060 393,309 106,249 Charges to Appropriations (Outflow):
Parks and recreation 100,000 100,000 18,633 81,367 Total Charges to Appropriations 100,000 100,000 18,633 81,367 Budgetary Fund Balance, June 30 187,060 $ 187,060 $ 374,676 $ 187,616 $
City of San Dimas
Budgetary Comparison Schedule
Housing Authority (Housing Successor) Fund
For the Year Ended June 30, 2025
-90-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 1,704,499 $ 1,704,499 $ 1,704,499 $ - $ Resources (Inflows):
Intergovernmental 20,000 20,000 11,669 (8,331) Use of money and property 123,042 123,042 184,744 61,702 Transfers in 287,465 287,465 287,465 - Amounts Available for Appropriations 2,135,006 2,135,006 2,188,377 53,371 Charges to Appropriations (Outflow):
Community development 1,112,886 1,153,105 813,145 339,960 Public works - 100,000 39,768 60,232 Total Charges to Appropriations 1,112,886 1,253,105 852,913 400,192 Budgetary Fund Balance, June 30 1,022,120 $ 881,901 $ 1,335,464 $ 453,563 $
City of San Dimas
Budgetary Comparison Schedule
Housing & Community Development Fund
For the Year Ended June 30, 2025
-91-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 - $ - $ - $ - $
Resources (Inflows):
Intergovernmental 489,091 524,450 378,556 (145,894) Amounts Available for Appropriations 489,091 524,450 378,556 (145,894) Charges to Appropriation (Outflow):
General government 489,091 524,450 378,556 145,894 Total Charges to Appropriations 489,091 524,450 378,556 145,894 Budgetary Fund Balance, June 30 - $ - $ - $ - $
City of San Dimas
Budgetary Comparison Schedule
Citizen’s Option for Public Safety Fund
For the Year Ended June 30, 2025
-92-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 260,917 $ 260,917 $ 260,917 $ - $ Resources (Inflows):
Intergovernmental 190,000 190,000 194,663 4,663 Use of money and property 10,000 10,000 16,398 6,398 Amounts Available for Appropriations 460,917 460,917 471,978 11,061 Charges to Appropriations (Outflow):
Public safety 212,000 212,000 151,842 60,158
Total Charges to Appropriations 212,000 212,000 151,842 60,158 Budgetary Fund Balance, June 30 248,917 $ 248,917 $ 320,136 $ 71,219 $
City of San Dimas
Budgetary Comparison Schedule
Air Quality Management District Fund
For the Year Ended June 30, 2025
-93-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 177,255 $ 177,255 $ 177,255 $ - $ Resources (Inflows):
Intergovernmental 55,000 55,000 44,871 (10,129) Use of money and property 2,000 2,000 8,051 6,051 Amounts Available for Appropriations 234,255 234,255 230,177 (4,078) Charges to Appropriations (Outflow):
Public safety 69,055 69,055 17,847 51,208 Public works 70,000 70,000 61,329 8,671 Transfers out 2,000 2,000 2,000 - Total Charges to Appropriations 141,055 141,055 81,176 59,879 Budgetary Fund Balance, June 30 93,200 $ 93,200 $ 149,001 $ 55,801.0 $
City of San Dimas
Budgetary Comparison Schedule
Proposition A Local Transit Fund
For the Year Ended June 30, 2025
-94-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 6,672,993 $ 6,672,993 $ 6,672,993 $ - $ Resources (Inflows):
Taxes 958,528 958,528 894,189 (64,339) Use of money and property 200,000 200,000 193,765 (6,235) Miscellaneous 2,000 2,000 1,707 (293) Amounts Available for Appropriations 7,833,521 7,833,521 7,762,654 (70,867) Charges to Appropriations (Outflow):
General government 106,000 4,106,000 4,086,626 19,374 Public works 998,546 1,115,313 660,332 454,981 Total Charges to Appropriations 1,104,546 5,221,313 4,746,958 474,355 Budgetary Fund Balance, June 30 6,728,975 $ 2,612,208 $ 3,015,696 $ 403,488 $
City of San Dimas
Budgetary Comparison Schedule
Transportation Proposition C Fund
For the Year Ended June 30, 2025
-95-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 2,446,874 $ 2,446,874 $ 2,446,874 $ - $ Resources (Inflows):
Taxes 795,073 795,073 741,707 (53,366) Use of money and property 45,000 45,000 105,590 60,590 Amounts Available for Appropriations 3,286,947 3,286,947 3,294,171 7,224 Charges to Appropriations (Outflow):
Public works 95,000 951,402 737,069 214,333 Capital outlay 895,000 895,000 5,000 890,000 Total Charges to Appropriations 990,000 1,846,402 742,069 1,104,333 Budgetary Fund Balance, June 30 2,296,947 $ 1,440,545 $ 2,552,102 $ 1,111,557 $
City of San Dimas
Budgetary Comparison Schedule
Open Space Maintenance District Fund
For the Year Ended June 30, 2025
-96-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 8,321 $ 8,321 $ 8,321 $ - $ Resources (Inflows):
Taxes 45,940 45,940 46,358 418 Transfers in 1,817 1,817 1,817 - Amounts Available for Appropriations 56,078 56,078 56,496 418 Charges to Appropriations (Outflow):
Parks and recreation 53,000 53,000 51,210 1,790 Total Charges to Appropriations 53,000 53,000 51,210 1,790 Budgetary Fund Balance, June 30 3,078 $ 3,078 $ 5,286 $ 2,208 $
City of San Dimas
Budgetary Comparison Schedule
Measure R Transit Fund
For the Year Ended June 30, 2025
-97-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 1,728,813 $ 1,728,813 $ 1,728,813 $ - $ Resources (Inflows):
Taxes 596,305 596,305 556,177 (40,128) Use of money and property 50,000 50,000 74,732 24,732 Amounts Available for Appropriations 2,375,118 2,375,118 2,359,722 (15,396) Charges to Appropriations (Outflow):
Capital outlay 939,000 1,459,165 658,172 800,993 Total Charges to Appropriations 939,000 1,459,165 658,172 800,993 Budgetary Fund Balance, June 30 1,436,118 $ 915,953 $ 1,701,550 $ 785,597 $
City of San Dimas
Budgetary Comparison Schedule
Measure M Transit Fund
For the Year Ended June 30, 2025
-98-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 2,533,125 $ 2,533,125 $ 2,533,125 $ - $ Resources (Inflows):
Taxes 675,812 675,812 630,131 (45,681) Use of money and property 80,000 80,000 123,185 43,185 Amounts Available for Appropriations 3,288,937 3,288,937 3,286,441 (2,496) Charges to Appropriations (Outflow):
Public works - 176,078 153,108 22,970 Capital outlay 475,000 770,894 46,080 724,814 Total Charges to Appropriations 475,000 946,972 199,188 747,784 Budgetary Fund Balance, June 30 2,813,937 $ 2,341,965 $ 3,087,253 $ 745,288 $
City of San Dimas
Budgetary Comparison Schedule
Road Maintenance Rehabilitation Act Fund
For the Year Ended June 30, 2025
-99-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 1,886,449 $ 1,886,449 $ 1,886,449 $ - $ Resources (Inflows):
Taxes 894,248 894,248 949,715 55,467 Use of money and property 30,000 30,000 94,882 64,882 Amounts Available for Appropriations 2,810,697 2,810,697 2,931,046 120,349 Charges to Appropriations (Outflow):
Public Works - 1,256,475 337,757 918,718 Capital outlay 600,000 600,000 - 600,000 Total Charges to Appropriations 600,000 1,856,475 337,757 1,518,718 Budgetary Fund Balance, June 30 2,210,697 $ 954,222 $ 2,593,289 $ 1,639,067 $
City of San Dimas
Budgetary Comparison Schedule
Measure W Storm Water Fund
For the Year Ended June 30, 2025
-100-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 1,665,999 $ 1,665,999 $ 1,665,999 $ - $ Resources (Inflows):
Taxes 598,450 598,450 600,204 1,754
Intergovernmental - 1,479,320 413,521 (1,065,799) Use of money and property 100,000 100,000 145,829 45,829 Amounts Available for Appropriations 2,364,449 3,843,769 2,825,553 (1,018,216) Charges to Appropriations (Outflow):
Public works 494,000 2,101,320 889,540 1,211,780 Total Charges to Appropriations 494,000 2,101,320 889,540 1,211,780 Budgetary Fund Balance, June 30 1,870,449 $ 1,742,449 $ 1,936,013 $ 193,564 $
City of San Dimas
Budgetary Comparison Schedule
Housing Authority Fund
For the Year Ended June 30, 2025
-101-
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 6,275,373 $ 6,275,373 $ 6,275,373 $ - $ Resources (Inflows):
Intergovernmental 1,500,000 1,500,000 - (1,500,000) Use of money and property 1,825,000 1,825,000 3,109,944 1,284,944 Amounts Available for Appropriations 9,600,373 9,600,373 9,385,317 (215,056) Charges to Appropriation (Outflow):
General government - 58,850 56,905 1,945 Community development 4,391,522 4,875,910 3,351,759 1,524,151 Debt service:
Principal retirement 473,800 473,800 473,800 -
Interest and fiscal charges 13,307 13,307 13,307 - Total Charges to Appropriations 4,878,629 5,421,867 3,895,771 1,526,096 Budgetary Fund Balance, June 30 4,721,744 $ 4,178,506 $ 5,489,546 $ 1,311,040 $
City of San Dimas
Statistical Section
-102-
Financial Trends
Revenue Capacity
Debt Capacity
Demographic and Economic Information
Operating Information
This section 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 government’s overall financial health.
CONTENTS
These schedules contain trend information to help the reader understand how the City's financial performance and well being have changed over time.
These schedules contain information to help the reader assess one of 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 its 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 palce.
These schedules contain service and infastructure data to help the reader understand how the information in the City's financial report relates to the services the government provides and the activities it performs.
City of San Dimas
Net Position by Component
Last Ten Fiscal Years (accrual basis of accounting)
-103-
Fiscal Year
2016 2017 2018 2019 2020
Primary Governmental activities:
Net investment in capital assets 50,697,514 $ 52,739,076 $ 53,573,745 $ 55,199,101 $ 56,743,404 $ Restricted 16,955,548 16,787,648 18,038,395 19,295,053 21,341,503 Unrestricted 24,534,254 23,640,321 22,370,585 24,630,198 21,659,243 Total governmental activities net position 92,187,316 $ 93,167,045 $ 93,982,725 $ 99,124,352 $ 99,744,150 $ Source: Financial Services Department, City of San Dimas
-104-
Fiscal Year
2021 2022 2023 2024 2025
$ 51,434,866 51,512,879 $ 54,024,729 $ 55,300,168 $ 59,180,178 $ 30,357,349 24,071,868 37,027,325 37,891,775 33,791,327
31,097,151 29,244,197 36,458,752 37,747,176 41,638,766 $ 112,889,366 104,828,944 $ 127,510,806 $ 130,939,119 $ 134,610,271 $
City of San Dimas
Change in Net Position
Last Ten Fiscal Years (accrual basis of accounting)
-105-
Fiscal Year
2016 2017 2018 2019 2020
Expenses
Governmental activities:
General government 5,757,695 $ 5,889,325 $ 6,334,382 $ 6,742,803 $ 7,363,084 $ Public safety 6,090,802 6,509,016 6,700,638 6,994,216 7,674,680 Community development 1,989,196 1,625,287 2,353,555 1,704,348 2,010,361 Parks and recreation 5,448,255 5,971,097 7,082,975 6,524,194 7,642,991 Public works 6,358,955 7,399,161 7,254,473 7,525,087 7,277,121 Interest on long-term debt 701,799 665,043 403,516 676,698 578,532 Total governmental activities expenses 26,346,702 28,058,929 30,129,539 30,167,346 32,546,769 Program Revenues Governmental activities:
Charges for services
General government 444,907 437,909 409,297 394,769 381,241 Public safety 411,459 356,421 403,715 393,674 271,177 Community development 1,171,387 1,328,193 1,178,146 1,356,185 1,109,825 Parks and recreation 827,276 782,344 778,746 888,539 404,907 Public works 207,931 149,483 137,084 146,171 99,237 Operating grants and contributions 1,165,576 1,520,786 1,473,504 1,962,451 2,186,688 Capital grants and contributions 2,568,113 39,721 422,779 1,257,987 107,415 Total governmental activities program revenues 6,796,649 $ 4,614,857 $ 4,803,271 $ 6,399,776 $ 4,560,490 $ Source: Financial Services Department, City of San Dimas
San Dimas
Change in Net Position
Last Ten Fiscal Years (accrual basis of accounting) (Continued) -106-
Fiscal Year
2021 2022 2023 2024 2025
$ 7,286,369 7,209,059 $ 8,039,072 $ 7,848,561 $ 12,190,340 $ 8,227,787 7,879,004 8,440,191 9,302,564 9,385,423
3,551,990 2,870,431 4,581,529 6,583,939 6,989,260
7,311,797 7,343,998 6,919,256 9,626,819 10,350,089
5,798,946 7,426,007 6,514,247 8,206,398 10,029,538
246,468 472,420 224,344 422,748 370,834
32,423,357 33,200,919 34,718,639 41,991,029 49,315,484
370,713 385,837 400,000 381,716 384,126
404,322 371,855 434,813 415,996 544,956
1,456,547 1,141,399 1,679,827 1,794,492 2,008,734
909,083 406,183 950,662 917,563 1,347,423
120,856 99,008 145,101 161,764 258,042
6,186,820 3,401,453 6,281,459 1,948,977 3,811,006
29,268 455 224,830 248,285 312,830 $ 9,477,609 5,806,190 $ 10,116,692 $ 5,868,793 $ 8,667,117 $
City of San Dimas
Change in Net Position
Last Ten Fiscal Years (accrual basis of accounting)
-107-
Fiscal Year
2016 2017 2018 2019 2020
Net (Expense)/Revenue
Governmental activities (19,550,053) $ (23,444,072) $ (25,326,268) $ (23,767,570) $ (27,986,279) $ Total net revenues (expenses) (19,550,053) (23,444,072) (25,326,268) (23,767,570) (27,986,279) General Revenues and Other Changes in Net Assets Governmental activities:
Taxes:
Property taxes 8,536,072 8,980,958 9,321,478 9,766,112 9,930,330 Transient occupancy taxes 1,558,201 1,630,226 1,654,586 1,616,188 1,354,044 Sales taxes 7,362,116 7,715,674 8,193,741 8,849,910 8,444,664 Franchise taxes 2,230,072 2,157,253 2,300,699 2,274,568 2,335,254 Business license taxes 450,041 410,337 492,734 481,438 497,646 Other taxes 285,427 408,783 1,338,015 1,739,019 1,341,883 Motor vehicle in lieu - unrestricted 31,601 32,594 34,677 32,535 42,437 Use of money and property 2,830,668 2,218,193 4,499,524 4,006,874 4,068,896 Other 30,916 16,702 45,214 142,553 63,307 Total governmental activities 23,315,114 23,570,720 27,880,668 28,909,197 28,078,461 Changes in Net Position Governmental activities 3,765,061 $ 126,648 $ 2,554,400 $ 5,141,627 $ 92,182 $
City of San Dimas
Change in Net Position
Last Ten Fiscal Years (accrual basis of accounting) (Concluded) -108-
Fiscal Year
2021 2022 2023 2024 2025
$ (22,945,748) (27,394,729) $ (24,601,947) $ (36,122,236) $ (40,648,367) $ (22,945,748) (27,394,729) (24,601,947) (36,122,236) (40,648,367) 11,415,585 11,131,195 12,343,522 12,414,457 13,370,119
1,817,839 1,482,082 1,770,634 1,821,972 1,815,534
11,349,279 12,652,341 11,583,976 11,552,286 11,523,319
2,611,805 2,465,655 2,817,960 2,916,135 2,878,168
510,309 506,688 555,480 631,765 723,313
1,033,447 974,188 1,069,290 1,191,604 1,294,588
53,908 39,574 50,399 57,132 68,617
2,174,085 3,204,004 4,589,480 8,945,411 9,224,957
39,913 23,796 4,442,646 19,787 3,420,904
31,006,170 32,479,523 39,223,387 39,550,549 44,319,519 $ 8,060,422 5,084,794 $ 14,621,440 $ 3,428,313 $ 3,671,152 $
City of San Dimas
Fund Balances of Governmental Funds
Last Ten Fiscal Years (modified accrual basis of accounting) -109-
Fiscal Year
2016 2017 2018 2019 2020
General Fund:
Nonspendable:
Prepaid costs - $ 500 $ - $ 3,620 $ - $
Advances to other funds 500,033 260,893 - - - Due from Successor Agency 14,630,305 14,630,305 14,525,393 13,461,855 12,713,796 Assigned to:
Risk management 2,845,696 2,845,512 2,836,512 2,829,507 2,829,307 Emergency 410,786 388,540 382,409 377,939 283,795 New equipment 439,517 596,253 433,723 430,913 229,553 General plan update 250,000 250,000 250,000 250,000 250,000 Other Post-Employment Benefits - - - - - Compensated absences - - - - - NPDES - - - 600,000 600,000 Downtown Specific Plan - - - - - Capital Assets Replacement - - - - - Unassigned 14,738,377 14,296,022 14,642,080 16,508,520 16,807,966 Total General Fund 33,372,359 $ 33,710,380 $ 33,070,117 $ 34,462,354 $ 33,714,417 $ All other governmental funds:
Nonspendable:
Prepaid costs - $ - $ - $ - $ - $
Restricted for:
Public safety 58,185 97,045 166,082 178,190 186,272 Parks and recreation 30,274 38,037 37,443 44,151 35,289 Public works 7,384,315 7,318,115 8,455,600 9,205,006 10,993,899 Debt service 758,356 726,376 745,595 761,040 236 Housing 8,724,418 8,608,075 8,633,675 9,106,666 9,598,191 Committed to:
- 228,048 - 543,722.00 20,468 Public works 5,816,454 4,057,303 3,716,957 3,323,657 3,351,543 Unassigned (8,312,370) (8,546,406) (8,138,260) (7,999,602) (7,918,946) Total all other governmental funds 14,453,644 $ 12,532,581 $ 13,617,092 $ 15,162,830 $ 16,266,952 $ Parks and recreation
City of San Dimas
Fund Balances of Governmental Funds
Last Ten Fiscal Years (modified accrual basis of accounting) -110-
Fiscal Year
2021 2022 2023 2024 2025
$ - - $ - $ - $ - $
- - - - -
10,732,089 11,583,236 9,559,456 8,700,732 8,700,733
2,036,592 2,829,307 2,036,592 2,036,592 2,036,592
1,000,000 207,285 1,000,000 1,000,000 1,000,000
1,366,663 104,218 1,186,817 929,412 751,747
250,000 250,000 250,000 3,000,000 3,000,000
2,978,932.00 - 2,978,932 2,300,000 2,300,000
1,264,766.00 - 1,264,766 1,500,000 1,500,000
600,000 600,000 600,000 - -
- - - - 3,400,000
6,500,000.00 - 6,500,000 7,695,743 8,538,456
12,154,646 21,966,738 16,652,393 17,812,239 22,168,636 $ 38,883,688 37,540,784 $ 42,028,956 $ 44,974,718 $ 53,396,164 $ $ - - $ - $ 2,000 $ - $
208,985 199,982 217,296 260,917 320,136
- 11,112 810,031 647,350 374,676
20,532,711 14,498,144 26,982,704 28,996,121 25,302,974
236 236 236 - -
9,126,293 8,915,813 8,700,411 7,979,872 6,825,010
128,047 129,260 113,775 123,350 126,815
1,653,522 1,625,222 1,402,609 1,420,179 29,791
(6,838,741) (7,446,408) (6,030,879) (5,360,641) (4,879,944) $ 24,811,053 17,933,361 $ 32,196,183 $ 34,069,148 $ 28,099,458 $
City of San Dimas
Changes in Fund Balances of Governmental Funds
Last Ten Fiscal Years (modified accrual basis of accounting) -111-
Fiscal Year
2016 2017 2018 2019 2020
Revenues:
Taxes 21,104,971 $ 21,326,133 $ 23,301,253 $ 24,727,235 $ 23,903,821 $ Licenses and permits 1,137,566 1,299,593 1,141,361 1,301,807 1,079,840 Intergovernmental 3,497,683 1,197,442 1,630,510 1,587,365 1,308,111 Charges for services 1,511,719 1,384,307 1,363,288 1,489,843 919,671 Use of money and property 2,661,301 2,045,171 2,445,147 3,792,704 3,886,248 Fines and forfeitures 403,275 347,400 395,996 381,584 261,133 Miscellaneous 809,267 464,053 566,198 1,858,823 765,790 Total revenues 31,125,782 28,064,099 30,843,753 35,139,361 32,124,614 Expenditures Current:
General government 5,794,208 5,882,750 6,053,663 6,298,071 6,908,139 Public safety 6,086,124 6,504,340 6,695,961 6,990,133 7,670,003 Community development 2,201,183 1,648,924 2,172,878 1,739,677 1,833,166 Parks & recreation 4,438,909 4,560,640 5,133,909 5,081,064 6,042,039 Public works 4,833,115 5,430,244 4,605,428 5,456,831 4,914,180 Capital outlay 3,181,233 4,058,647 4,470,791 5,064,440 2,186,093 Debt service:
Principal retirement 788,267 829,235 854,505 884,993 944,507 Interest and fiscal charges 709,669 673,005 412,370 686,177 596,295 Advance refunding escrow - - - - - Bond issuance cost - - - - 773,269 Total expenditures 28,032,708 29,587,785 30,399,505 32,201,386 31,867,691 Excess (deficiency) of revenues over (under)
expenditures 3,093,074 (1,523,686) 444,248 2,937,975 256,923 Other financing sources (uses):
Transfers in 4,670,247 2,718,571 3,015,952 2,615,693 227,621 Transfers out (4,670,247) (2,718,571) (3,015,952) (2,615,693) (227,621) Proceeds from sale of fixed asset - - - - - Refunding bonds issued - - - - 3,258,000 Payment to refunded bond escrow agent - - - - (3,158,738) Total other financing sources (uses) - - - - 99,262 Lease acquisition - - - - - Subscription acquisition - - - - - Net change in fund balances 3,093,074 $ (1,523,686) $ 444,248 $ 2,937,975 $ 455,447 $ Total current expenditures 28,032,708 $ 29,587,785 $ 30,399,505 $ 32,201,386 $ 31,867,691 $ Less: capital outlay (3,181,233) (4,058,647) (4,470,791) (5,064,440) (2,186,093) Total non-capital expenditures 24,851,475 $ 25,529,138 $ 25,928,714 $ 27,136,946 $ 29,681,598 $ Total debt service expenditures 1,497,936 $ 1,502,240 $ 1,266,875 $ 1,571,170 $ 2,314,071 $ Debt service as a percentage of
noncapital expenditures 6.0% 5.9% 4.9% 5.8% 7.8%
Source: Financial Services Department, City of San Dimas
-112-
Fiscal Year
2021 2022 2023 2024 2025
$ 28,801,077 29,232,820 $ 30,174,968 $ 30,559,616 $ 30,559,616 $ 1,420,451 1,109,910 1,628,251 1,763,677 1,763,677
5,575,822 2,863,799 5,879,352 2,042,055 2,042,055
1,398,924 917,620 1,508,896 1,450,104 1,450,104
1,712,237 3,224,627 4,461,263 9,080,284 9,080,284
388,140 353,348 424,025 408,370 408,370
1,009,935 620,250 2,110,548 936,632 936,632
40,306,586 38,322,374 46,187,303 46,240,738 46,240,738
7,152,312 6,852,486 8,243,375 7,199,038 7,199,038
8,227,787 7,879,004 8,440,191 9,302,564 9,302,564
3,486,510 2,612,116 4,967,286 6,249,481 6,249,481
5,902,879 5,536,653 6,084,787 7,332,023 7,332,023
4,539,581 5,528,937 6,080,416 7,081,878 7,081,878
1,476,163 2,128,751 5,276,294 2,612,423 2,612,423
1,113,571 998,000 1,321,925 1,286,784 1,286,784
244,253 412,987 211,781 410,235 410,235
- 1,408,280 - - -
- 126,680 - - -
32,143,056 33,483,894 40,626,055 41,474,426 41,474,426
8,163,530 4,838,480 5,561,248 4,766,312 4,766,312
2,459,148 2,123,560 2,651,374 5,244,173 5,244,173
(2,459,148) (2,123,560) (2,651,374) (5,244,173) (5,244,173) - - 4,469,939 - -
- 2,318,400 - - -
- (2,191,720) - - -
- 126,680 - - -
57,066 - - - -
- - 499,211 52,415 52,415 $ 8,220,596 5,091,840 $ 10,530,398 $ 4,818,727 $ 4,818,727 $ $ 32,143,056 33,483,894 $ 40,626,055 $ 41,474,426 $ 41,474,426 $ (1,476,163) (2,128,751) (5,276,294) (2,612,423) (6,966,705) $ 30,666,893 31,355,143 $ 35,349,761 $ 38,862,003 $ 34,507,721 $ $ 1,357,824 2,945,947 $ 1,533,706 $ 1,697,019 $ 1,697,019 $
9.4% 4.4% 4.3% 4.4% 4.9%
-113-
-114-
-115- Page 251 – 324 -116- Page 252 – 324 -117- Page 253 – 324
-118-
-11 9- Page 255 – 324
! "
#$
$$
$$
(#'
%&#
#'
!"#$%
&
'
(
)*
+
,-)#.
/ 01
#
2
0 1
3
01
))*+ ,-*-.*/++*+ ,-*).*/+*)+
3
$4
0
3
$4
! "# $
%& 5
+
#$# 66#-/#'(####
-120-
-121-
-122-
-123-
City of San Dimas
Ratios of Outstanding Debt by Type
Last Ten Fiscal Years
-124-
Fiscal Year Lease Revenue Bonds Housing Revenue Bonds Improvement Bonds Leases Subscriptions Leases Total Primary Government Percentage of Personal Income Per Capita 2016 5,515,000 $ 5,165,000 $ 7,830 $ - $ - $ 10,687,830 $ 0.007 306.03 2017 4,985,000 4,885,000 - 41,051 - 9,911,051 0.006 283.79 2018 4,435,000 4,590,000 - 31,546 - 9,056,546 0.006 259.32 2019 3,870,000 4,280,000 - 21,553 - 8,171,553 0.005 233.98 2020 2,654,000 3,950,000 - 11,046 - 6,615,046 0.004 189.41 2021 2,006,000 2,318,400 - - - 4,324,400 0.003 123.82 2022 1,349,000 1,878,300 - 40,595 - 3,267,895 0.002 93.57 2023 680,000 1,420,900 - 24,030 320,251 2,445,181 0.002 70.01 2024 - 956,200 - 7,320 247,292 1,210,812 0.001 33.37 2025 - 482,400 - 63,806 133,202 679,408 0.001 18.72 Source: City of San Dimas Finance Department Governmental Activities
City of San Dimas
Legal Debt Margin Information
Last Ten Fiscal Years
-125-
Fiscal Year
2016 2017 2018 2019 2020
Assessed valuation 5,020,086,328 $ 5,217,132,929 $ 5,452,299,664 $ 5,611,950,646 $ 5,868,492,236 $ Conversion Factor 25% 25% 25% 25% 25%
Adjusted Assessed Valuation 1,255,021,582 1,304,283,232 1,363,074,916 1,402,987,662 1,467,123,059 Legal debt limit percentage 15% 15% 15% 15% 15% Debt limit 188,253,237 195,642,485 204,461,237 210,448,149 220,068,459 Total net debt applicable to limit:
General obligation bonds - - - - - Legal debt margin 188,253,237 $ 195,642,485 $ 204,461,237 $ 210,448,149 $ 220,068,459 $ Total debt applicable to the limit
as a percentage of debt limit 0.00% 0.00% 0.00% 0.00% 0.00% Source: Financial Services Department, City of San Dimas Note: The Government Code of the State of California provides for a legal debt limit of 15% of gross assessed valuation. However, this provision was enacted when assessed valuation was based upon 25% of market value. Effective with fiscal year 1981-82, each parcel is now assessed at 100% of market value. Although the statutory debt limit has not been amended by the State since this change, the calculations presented above include a conversion factor of 25% to the assessed valuation to account for the change in the basis on which the legal debt limit is based.
City of San Dimas
Legal Debt Margin Information
Last Ten Fiscal Years
-126-
Fiscal Year
2021 2022 2023 2024 2025
$ 6,104,208,187 $ 6,104,208,187 $ 6,516,879,942 $ 6,840,753,727 $ 7,182,093,513 25% 25% 25% 25% 25%
1,526,052,047 1,526,052,047 1,629,219,986 1,710,188,432 1,795,523,378 15% 15% 15% 15% 15%
228,907,807 228,907,807 244,382,998 256,528,265 269,328,507 - - - - - $ 228,907,807 $ 228,907,807 $ 244,382,998 $ 256,528,265 $ 269,328,507
0.00% 0.00% 0.00% 0.00% 0.00%
This page intentionally left blank.
-127-
2024-25 Assessed Valuation: $7,182,093,513
Total Debt City’s Share of
OVERLAPPING TAX AND ASSESSMENT DEBT: 6/30/25 % Applicable (1) Debt 6/30/25 Metropolitan Water District $17,155,000 0.174 $ 29,850
Citrus Community College District 201,035,302 0.421 846,359 Mount San Antonio Community College District 1,062,368,464 5.754 61,128,681 Bonita Unified School District 102,024,790 47.598 48,561,760 Charter Oak Unified School District 55,010,000 8.264 4,546,026 Covina-Valley Unified School District 168,834,084 2.491 4,205,657 Glendora Unified School District 28,664,066 2.107 603,952 TOTAL OVERLAPPING TAX AND ASSESSMENT DEBT $119,922,285
DIRECT AND OVERLAPPING GENERAL FUND DEBT:
Los Angeles County General Fund Obligations $3,036,637,390 0.342% $10,385,300 Los Angeles County Superintendent of Schools Certificates of Participation 2,331,775 0.342 7,975 Bonita Unified School District Certificates of Participation 7,924,000 47.598 3,771,666 Charter Oak Unified School District Certificates of Participation 395,000 8.264 32,643 City of San Dimas General Fund Obligations 482,400 100. 482,400 City of San Dimas Lease Payable 63,806 100. 63,806
City of San Dimas Subscription Payable 133,202 100. 133,202 TOTAL DIRECT AND OVERLAPPING GENERAL FUND DEBT $14,876,922 TOTAL DIRECT DEBT $679,408
TOTAL OVERLAPPING DEBT $134,119,869
COMBINED TOTAL DEBT $134,799,277 (2)
(1) The percentage of overlapping debt applicable to the city is estimated using taxable assessed property value. Applicable percentages were estimated by determining the portion of the overlapping district's assessed value that is within the boundaries of the city divided by the district's total taxable assessed value.
(2) Excludes tax and revenue anticipation notes, enterprise revenue, mortgage revenue, non-bonded capital lease obligations, and sales tax revenue bonds.
Ratios to 2024-25 Assessed Valuation:
Direct Debt ($0) ...................................................................................... 0.01% Total Direct and Overlapping Tax and Assessment Debt ....................... 1.67% Combined Total Debt ............................................................................. 1.88% KD:($600)
City of San Dimas
Legal Debt Margin Information Last Ten Fiscal Years
City of San Dimas
Full-time City Employees by Function
Last Ten Fiscal Years
-128-
Full-Time Employees as of June 30
Function 2016 2017 2018 2019 2020
City Council 5 5 5 5 5 City manager's office 2 2 2 2 2 Administrative services 10 10 10 10 9 Community Development Services 13 12 13 13 16 Public Works 16 16 16 16 16 Parks & Recreation 22 22 22 23 21 Housing 1 1 1 3 3 Total 69 68 69 72 72 Source: Financial Services Department, City of San Dimas
City of San Dimas
Full-time City Employees by Function
Last Ten Fiscal Years
-129-
Full-Time Employees as of June 30
2021 2022 2023 2024 2025
5 5 5 5 5
2 2 2 5 5
11 11 11 10 10
15 15 15 14 14
17 17 17 17 17
20 20 20 22 22
3 3 3 4 4
73 73 73 77 77
-130-
-131- Page 268 – 324 City of San Dimas
Capital Asset Statistics by Function/Program
Last Ten Calendar Years
-132-
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Police:
Stations (Los Angeles County Sheriff) 1 1 1 1 1 1 1 1 1 1 Fire**:
Fire stations (Los Angeles County Fire) 2 2 2 2 2 2 2 2 2 2 Public works:
Streets (miles) 268.56 268.56 268.56 268.56 268.56 268.56 268.56 268.56 268.56 268.56 Streetlights 3,939 3,939 3,939 3,939 3,939 3,939 3,939 3,939 3,939 3,939 City Street Trees 10,475 10,550 10,600 10,723 10,750 10,785 10,800 10,862 10,862 10,862 Parks and recreation:
Parks/recreation sites 10 10 10 10 10 10 10 10 10 10 Total Acres 177 177 177 177 177 177 177 177 177 177 Source: City of San Dimas Finance Department * The City Police Station is owned by the Los Angeles County Sheriff's Office. ** The City of San Dimas is part of the Los Angeles County, Consolidated Fire Protection District. *** Street Lights include poles owned by Southern California Edison and the City of San Dimas Fiscal Year Fiscal Year
Tel. 909-889-0871 | www.ramscpa.net | 735 E. Carnegie Dr. Suite 100, San Bernardino, CA 92408
CERTIFIED PUBLIC ACCOUNTANTS
-1-
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
Independent Auditor’s Report
To the Honorable City Council
City of San Dimas, California
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States (Government Auditing Standards), the financial statements of governmental activities, each major fund, and the aggregate remaining fund information of the City of San Dimas (the entity) as of and for the year ended June 30, 2025, and the related notes to the financial statements, which collectively comprise the entity’s basic financial statements, and have issued our report thereon dated December 2, 2025.
Report on Internal Control over Financial Reporting
In planning and performing our audit of the financial statements, we considered the entity’s internal control over financial reporting (internal control) as a basis for designing procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we do not express an opinion on the effectiveness of the entity’s internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected, on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses.
However, material weaknesses or significant deficiencies may exist that were not identified.
ATTACHMENT 2
-2-
Report on Compliance and Other Matters
As part of obtaining reasonable assurance about whether the entity’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the financial statements. However, providing an opinion on compliance with those provisions was not an objective of our audit and, accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.
We noted certain matters that we have reported to management of the entity in a separate letter dated December 2, 2025.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.
San Bernardino, California
December 2, 2025
Tel. 909-889-0871 | www.ramscpa.net | 735 E. Carnegie Dr. Suite 100, San Bernardino, CA 92408
CERTIFIED PUBLIC ACCOUNTANTS
-1-
December 2, 2025
To the Honorable City Council
City of San Dimas, California
We have audited the financial statements of the City of San Dimas (the entity) as of and for the year ended June 30, 2025, and have issued our report thereon dated December 2, 2025. Professional standards require that we advise you of the following matters relating to our audit.
Our Responsibility in Relation to the Financial Statement Audit As communicated in our engagement letter dated May 20, 2025, our responsibility, as described by professional standards, is to form and express opinions about whether the financial statements that have been prepared by management with your oversight are presented fairly, in all material respects, in accordance with accounting principles generally accepted in the United States of America. Our audit of the financial statements does not relieve you or management of your respective responsibilities.
Our responsibility, as prescribed by professional standards, is to plan and perform our audit to obtain reasonable, rather than absolute, assurance about whether the financial statements are free of material misstatement. An audit of financial statements includes consideration of the system of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control over financial reporting. Accordingly, as part of our audit, we considered the system of internal control of the entity solely for the purpose of determining our audit procedures and not to provide any assurance concerning such internal control.
We are also responsible for communicating significant matters related to the audit that are, in our professional judgment, relevant to your responsibilities in overseeing the financial reporting process.
However, we are not required to design procedures for the purpose of identifying other matters to communicate to you.
Planned Scope and Timing of the Audit
We conducted our audit consistent with the planned scope and timing we previously communicated to you.
Compliance with All Ethics Requirements Regarding Independence The engagement team, others in our firm, as appropriate, and our firm have complied with all relevant ethical requirements regarding independence.
We have evaluated whether certain nonattest services performed by our firm during the audit have created a significant threat to our independence in relation to the entity. We have identified a threat to our independence (preparation of the entity’s financial statements, creating a self-review threat) that if not reduced to an acceptable level, would impair our independence. In order to reduce the threat to an acceptable level, we have applied the following safeguard:
Prior to the issuance of the entity’s financial statements, another partner or manager, independent of the engagement, will review the financial statements.
-2-
Significant Risks Identified
We have identified the possibility of the following significant risks:
Management's override of internal controls over financial reporting – Management override of internal controls is the intervention by management in handling financial information and making decisions contrary to internal control policy.
Revenue recognition – Revenue recognition is a generally accepted accounting principle that refers to the conditions under which an entity can recognize a transaction as revenue. Auditing standards indicate that recognizing revenue is a presumed fraud risk and usually classified as a significant risk in most audits.
These significant risks are presumptive in most audits and merit attention by the auditors due to the direct impact over financial reporting and internal control processes. Although identified as significant risks, we noted no matters of management override of controls or deviations from generally accepted accounting principles which caused us to modify our audit procedures or any related matters which are required to be communicated to those charged with governance due to these identified risks.
Qualitative Aspects of the Entity’s Significant Accounting Practices Significant Accounting Policies
Management has the responsibility to select and use appropriate accounting policies. A summary of the significant accounting policies adopted by the entity is included in Note 1 to the financial statements The entity adopted GASB Statement No. 101, Compensated Absences, during 2025. No matters have come to our attention that would require us, under professional standards, to inform you about (1) the methods used to account for significant unusual transactions and (2) the effect of significant accounting policies in controversial or emerging areas for which there is a lack of authoritative guidance or consensus.
Significant Accounting Estimates and Related Disclosures Accounting estimates and related disclosures are an integral part of the financial statements prepared by management and are based on management’s current judgments. Those judgments are normally based on knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ markedly from management’s current judgments.
The most sensitive accounting estimates affecting the entity’s financial statements are:
Management’s estimate of the net pension liability and related deferred inflows and outflows of resources are based on actuarial reports by independent actuaries. We evaluated the key factors and assumptions used to develop the estimate in determining that it is reasonable in relation to the basic financial statements taken as a whole and in relation to the applicable opinion units.
Management’s estimate of the liability for other post-employment benefits (OPEB) and related deferred inflows and outflows of resources are based on actuarial reports provided by independent actuaries. We evaluated the key factors and assumptions used to develop the estimate in determining that it is reasonable in relation to the basic financial statements taken as a whole and in relation to the applicable opinion units.
-3-
Financial Statement Disclosures
Certain financial statement disclosures involve significant judgment and are particularly sensitive because of their significance to financial statement users.
The most sensitive disclosures affecting the entity’s financial statements relate to:
The disclosure of fair value of investments in the basic financial statements represents amounts susceptible to market fluctuations.
The disclosure of capital assets (and related accumulated depreciation) in the basic financial statements is based on historical information which could differ from actual useful lives of each capitalized item.
The disclosure of net pension liability and related deferred inflows and outflows of resources in the basic financial statements is based on actuarial assumptions. Actual future liabilities and actuarial deferred inflows and outflows may vary from disclosed estimates.
The disclosures of the other post-employment benefits (OPEB) liability and related deferred inflows and outflows of resources in the basic financial statements is based on actuarial assumptions.
Actual future liabilities and actuarial deferred inflows and outflows may vary from disclosed estimates.
The disclosure of leases and subscription liabilities, right-to-use assets, and asset amortization in the basic financial statements is based on certain terms and assumptions in the agreements which could differ from actual amounts.
Significant Difficulties Encountered during the Audit
We encountered no significant difficulties in dealing with management relating to the performance of the audit.
Uncorrected and Corrected Misstatements
For purposes of this communication, professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that we believe are trivial, and communicate them to the appropriate level of management. Further, professional standards require us to also communicate the effect of uncorrected misstatements related to prior periods on the relevant classes of transactions, account balances or disclosures, and the financial statements as a whole and each applicable opinion unit. There were no uncorrected misstatements noted.
In addition, professional standards require us to communicate to you all material, corrected misstatements that were brought to the attention of management as a result of our audit procedures. None of the misstatements identified by us as a result of our audit procedures and corrected by management were material, either individually or in the aggregate, to the financial statements taken as a whole or applicable opinion unit.
Disagreements with Management
For purposes of this letter, professional standards define a disagreement with management as a matter, whether or not resolved to our satisfaction, concerning a financial accounting, reporting, or auditing matter, which could be significant to the entity’s financial statements or the auditor’s report. No such disagreements arose during the course of the audit.
-4-
Representations Requested from Management
We have requested certain written representations from management, which are included in the attached letter dated December 2, 2025.
Management’s Consultations with Other Accountants
In some cases, management may decide to consult with other accountants about auditing and accounting matters. Management informed us that, and to our knowledge, there were no consultations with other accountants regarding auditing and accounting matters.
Other Significant Matters, Findings, or Issues
In the normal course of our professional association with the entity, we generally discuss a variety of matters, including the application of accounting principles and auditing standards, significant events or transactions that occurred during the year, operating and regulatory conditions affecting the entity, and operational plans and strategies that may affect the risks of material misstatement. None of the matters discussed resulted in a condition to our retention as the entity’s auditors.
Other Information Included in Annual Reports
Pursuant to professional standards, our responsibility as auditors for other information, whether financial or nonfinancial, included in the entity’s annual reports, does not extend beyond the information identified in the audit report, and we are not required to perform any procedures to corroborate such other information.
However, in accordance with such standards, we have:
Read the transmittal letter and statistical section and considered whether a material inconsistency existed between the other the information and the basic financial statements, or the other information otherwise appears to be materially misstated. Our opinions on the basic financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereon.
Our responsibility also includes communicating to you any information which we believe is a material misstatement of fact. Nothing came to our attention that caused us to believe that such information, or its manner of presentation, is materially inconsistent with the information, or manner of its presentation, appearing in the financial statements.
This report is intended solely for the information and use of the City Council and management of the entity and is not intended to be and should not be used by anyone other than these specified parties.
Very truly yours,
Tel. 909-889-0871 | www.ramscpa.net | 735 E. Carnegie Dr. Suite 100, San Bernardino, CA 92408
CERTIFIED PUBLIC ACCOUNTANTS
-1-
Independent Accountant’s Report
To the Honorable City Council
City of San Dimas, California
We have performed the procedures enumerated below to the accompanying Appropriations Limit Worksheet of the City of San Dimas, California (the City) for the year ended June 30, 2025. The management of the City is responsible for the accompanying Appropriations Limit Worksheet.
The City has agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of meeting the requirements of Section 1.5 of Article XIII-B of the California Constitution. These procedures, which were suggested by the League of California Cities and presented in the publication entitled Agreed-upon Procedures Applied to the Appropriations Limitation Prescribed by Article XIII-B of the California Constitution, were performed solely to assist you in meeting the requirements. 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 and the associated findings are as follows:
1. We obtained the completed worksheets and compared the limit and annual adjustment factors included in those worksheets to the limit and annual adjustment factors that were adopted by resolution of the City Council. We also compared the population and inflation options included in the aforementioned documents to those that were selected by a recorded vote of the City Council.
Finding: No exceptions were noted as a result of our procedures.
2. For the accompanying Appropriations Limit Worksheet, we added last year’s limit to total adjustments and agreed the resulting amount to this 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 Worksheet to the other documents referenced in number one above.
Finding: No exceptions were noted as a result of our procedures.
-2-
4. We agreed the prior year appropriations limit presented in the accompanying Appropriations Limit Worksheet 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.
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 American Institute of Certified Public Accountants. 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 accompanying Appropriations Limit Worksheet for the year ended June 30, 2025. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.
We are required to be independent of the City and to meet our 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 of San Dimas, California, 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.
San Bernardino, California
December 2, 2025
-3-
City of San Dimas
APPROPRIATIONS LIMIT WORKSHEET
2024 – 2025
3.62%
0.05%
1.0362
1.0005
1.036718
$ 96,813,231
Per Capita Personal Income Change
Population Change
Country Population Growth
CPI Change Converted to a Ratio
Population Change Converted to a Ratio
Calculation of Growth Factor (1.036718 x 1.0005)
2023 - 2024 Appropriation Limit
2024 - 2025 Appropriations Limit
$93,813,231 x 1.036718 $ 100,368,029
CITY OF SAN DIMAS
City Council Meeting
December 9, 2025
Annual Comprehensive Financial Report
CITY OF SAN DIMAS
Government Wide Financial Statements
Net Position 2024/2025 2023/2024 Difference
Net Investment
In Capital Assets
$59,180,178 $55,300,168 $3,880,010
Restricted/
Unrestricted
$75,430,093 $75,638,951 -$208,858
Total Net
Position
$134,610,271 $130,939,119 $3,671,152
CITY OF SAN DIMAS
Capital Asset Investments
Capital Assets as of 06/30/2024 $56,510,980
Construction in Progress Expenses $2,848,817
Additional – Deleted Assets
(Completed Projects)
$3,439,975
Depreciation of existing assets $(2,940,186)
Capital Assets as of 06/30/2025 $59,859,586
CITY OF SAN DIMAS
Capital Asset Breakdown
2025 Capital Asset Categories Amounts
Land $13,191,817
Building and Structures $8,224,654
Improvements Other than Buildings $4,432,594
Construction in Progress $4,735,888
Furniture and Equipment $1,807,138
Infrastructure $27,258,982
Right to Use Leases $62,799
Right to Use Subscriptions $145,714
Total $59,859,586 Page 288 – 324
CITY OF SAN DIMAS
Governmental Costs and Costs Net of Revenue
Total Cost of Services Revenue Generated Net Cost of Services General Government $12,190,340 $960,257 $11,230,083
Public Safety $9,385,423 $833,524 $8,551,899
Community
Development
$6,989,260 $2,737,080 $4,252,180
Parks & Recreation $10,350,089 $2,139,997 $8,210,092
Public Works $10,029,538 $1,996,259 $8,033,279
Interest on Long –
Term Debt
$370,834 $0 $370,834
Totals $49,315,484 $8,667,117 Page 289 – 324 $40,648,367
CITY OF SAN DIMAS
General Revenues Government Wide
General Revenues Government Wide Amounts
Property Taxes, levied for general purposes $13,370,119 Transient Occupancy Taxes $1,815,534
Sales Taxes $11,523,319
Franchise Fees $2,878,168
Business License Taxes $723,313
Other Taxes $1,294,588
Motor Vehicle in Lieu $68,617
Use of Money and Property (Interest
earnings, Rentals)
$9,224,957
Other Revenues $3,420,904
Total General Revenues $44,319,519
CITY OF SAN DIMAS
2024-2025 General Fund Year End Balances
Description 2025 Actuals - 2024 Actuals - 2025 Net
Carryovers
= Difference
Unassigned FB $22,168,637 $17,812,239 $1,065,032 $3,291,366 Assigned FB $13,236,592 $9,836,592 $0 $3,400,000
New Equipment FB $751,747 $929,412 $0 ($177,665)
Capital Asset
Replacement FB
$8,538,456 $7,695,743 480,329 $362,384
Non-Spendable FB $8,700,732 $8,700,732 $0 $0
Total Fund Balance $53,396,164 $44,974,718 $1,545,361 Page 291 – 324 $6,876,085
CITY OF SAN DIMAS
Revenue Drivers of Surplus
Revenue (General Fund) Amount
Taxes $24,207,454
Use of Money and Property $5,455,828
Prop A Exchange to General Fund Cash $3,400,000
License & Permits $1,995,045
Charges for Service $ 1,885,754
Total $36,944,081
CITY OF SAN DIMAS
Recommendations for Use of Surplus
Funding Amount
PERS Unfunded Liability Payment $1,000,000
Infrastructure Fund 012 $750,000
New Equipment Reserve $250,000
Total $2,000,000
CITY OF SAN DIMAS
Results of an additional $1,000,000 Contribution
SUCCESSOR AGENCY TO THE
FORMER SAN DIMAS
REDEVELOPMENT AGENCY
MEETING
ACTION MINUTES
NOVEMBER 12, 2025, 6:00 PM
Council Members Present: Chair Emmett Badar, Vice Chair Eric Weber, Board Member Rachel Bratakos, Board Member Eric Nakano, Board Member Ryan A. Vienna Staff: Executive Director Brad McKinney, Assistant Executive Director Travis Sais, Director of Community Development Luis Torrico, Agency Attorney Jeff Malawy Call to Order: 6:00 P.M.
CLOSED SESSION ITEMS COMMENTS/RECOMMENDATIONS
CONFERENCE WITH REAL PROPERTY
NEGOTIATORS
Property: 344 W. Bonita Avenue (APN: 8386-
021-913).
Agency Negotiators: Brad McKinney,
Executive Director; Travis Sais, Assistant
Executive Director; Jeff Malawy, Agency
Attorney; Luis Torrico, Agency Staff.
Negotiating Parties: City of San Dimas as
Successor Agency to the former San Dimas
Redevelopment Agency; Pioneer Square,
LLC.
Under Negotiation: Price and Terms of
Payment.
The City Council held the one closed
session item listed on the agenda. The
City Council discussed the item and gave
direction to staff, but no reportable action
was taken. The closed session
adjourned at approximately 6:45 pm.
Adjourned: 6:45 P.M.
I, Debra Black, City Clerk attest that these minutes are accurate and reflective of the actions taken by the City Council.
________________________________
Debra Black, City Clerk
SAN DIMAS HOUSING
AUTHORITY
ACTION MINUTES
DECEMBER 10, 2024
REGULAR MEETING
Officials Present: Chair Emmett Badar, Commissioner Rachel Bratakos, Commissioner Eric Nakano, Commissioner Ryan A. Vienna, Commissioner Eric Weber Officials Absent: Executive Director Chris Constantin
Staff: City Manager Brad McKinney, Director of Administrative Services Michael O’Brien, City Attorney Jeff Malawy, City Clerk Debra Black
Call to Order: 9:17 P.M.
SAN DIMAS HOUSING AUTHORITY
ITEMS
COMMENTS/RECOMMENDATIONS
1. Approve the December 12, 2023, Housing
Authority Minutes
MOTION: Motion/second by Commissioners
Vienna/Weber to approve the minutes of
December 12, 2023. Motion carried 5-0.
Yes: Badar, Bratakos, Nakano, Vienna,
Weber
No: None
Absent: None
Abstain: None
2. Appointment of Members of the Authority
a. Chair
b. Executive Director
MOTION: Motion/second by Commissioners
Vienna/Weber to nominate Mayor as Chair
and City Manager as Executive Director. The
motion carried 5-0.
Yes: Badar, Bratakos, Nakano, Vienna,
Weber
No: None
Absent: None
Abstain: None
3. Approve an Administrative Services
Agreement between the San Dimas
Housing Authority and the City of San
Dimas in an Estimated Amount of
$316,000
MOTION: Motion/second by Commissioners
Vienna/Bratakos to approve the
Administrative Services Agreement. The
motion carried 5-0.
Approve the December 10, 2024 Housing Authority Minutes Page 2 For the Meeting of December 9, 2025
Yes: Badar, Bratakos, Nakano, Vienna,
Weber
No: None
Absent: None
Abstain: None
4. Receive and File the Housing Authority
Annual Audit Report
MOTION: Motion/second by Commissioners
Vienna/Bratakos to receive and file the
Housing Authority Annual Audit Report. The
motion carried 5-0.
Yes: Badar, Bratakos, Nakano, Vienna,
Weber
No: None
Absent: None
Abstain: None
Adjourned: 9:19 P.M.
I, Debra Black, City Clerk attest that these draft minutes are accurate and reflective of the actions taken by the City Council.
________________________________
Debra Black, City Clerk
Approved: December 9, 2025
San Dimas Housing Authority
Agenda Item Staff Report
To: San Dimas Housing Authority Board
For the Meeting of December 9, 2025
From: Brad McKinney, Executive Director
Prepared by: Michael O'Brien, Director of Administrative Services Subject: Approve the Administrative Services Agreement between the City of San Dimas and the San Dimas Housing Authority.
____________________________________________________________________________
SUMMARY
Approval of an annual Administrative Services Agreement between the City of San Dimas and the San Dimas Housing Authority in order to recoup costs for administrative oversight of the Housing Authority program.
RECOMMENDATION
Staff recommends that the Housing Authority approve the attached Administrative Services Agreement with an estimated amount of $300,212.70.
GOVERNMENT CODE §84308 APPLIES:
https://leginfo.legislature.ca.gov
No
FISCAL IMPACT
The $300,212.70 Administrative Services costs were included in the adopted Fiscal Year 2025- 26 budget.
BACKGROUND
With the dissolution of redevelopment agencies, HSC Section 34176 provided that a City Council could elect to retain the housing assets and functions of a dissolved redevelopment agency. On January 24, 2012, the City Council of the City of San Dimas adopted Resolution 2012-06 electing to have the San Dimas Housing Authority retain the housing assets and functions of the dissolved San Dimas Redevelopment Agency.
Approve Administrative Services Agreement between the City of San Dimas and the San Dimas Housing Authority. Page 2
For the Meeting of December 9, 2025
Shortly after the assets and functions were transferred, many of the programs and functions were curtailed due to the elimination of new funding from tax increment set-aside funds. However, there were programs and functions that needed to be maintained for the continued operations of the housing assets.
The personnel, equipment, and facilities to maintain the Authority' s functions have been provided by existing City staff and operations. When the Council approved the Fiscal Year 2025-26 Annual Capital and Operating Budget, they approved the concept of the Housing Authority reimbursing the City for the personnel and expenses for managing the Housing Authority functions. To effectuate the reimbursement, the City and Authority need to enter into an annual Administrative Services Agreement.
DISCUSSION/ANALYSIS
The current programs and functions of the Authority include:
• Oversight of management and maintenance of the Monte Vista Apartments. • Mobile Home Rehab Grant program.
• Reconstruction of the house on the Taylor property.
• On-going and expansion of homelessness programs and initiatives. • Monitoring and compliance with low- and moderate-income housing requirements and updates to the Housing element.
• Accounting, treasurer, public meeting coordination, and clerical support for the general Authority functions.
• Future housing developments.
The attached Agreement includes an estimate of the personnel hours and costs of this year's reimbursement. The estimated number of personnel hours is very conservative. The total cost, based upon the estimate, is just over $300,000 but could be higher depending on housing activities. The City will be reimbursed based upon the actual costs at the end of the year.
ALTERNATIVES
The Housing Authority may elect not to approve the agreement, which would require the General Fund to pay for all staff time that would be attributed to housing activities.
ENVIRONMENTAL REVIEW
Pursuant to CEQA guidelines Section 15061 (b)(3), CEQA does not apply to this item because there is no potential for causing a significant effect on the environment. Therefore, no additional environmental review is needed at this time.
Respectfully submitted,
Michael O'Brien
Director of Administrative Services
Attachments:
Approve Administrative Services Agreement between the City of San Dimas and the San Dimas Housing Authority. Page 3
For the Meeting of December 9, 2025
1. Housing and Administrative Services Agreement
2. Cost estimates
ADMINISTRATIVE SERVICES
AGREEMENT
This Agreement entered into this 9th day of December, 2025 by and between the City of San Dimas, hereinafter referred to as "City" and the San Dimas Housing Authority, hereinafter referred to as "Authority".
WITNESSETH
WHEREAS, the City has the personnel, supplies and equipment required for the operation of the Authority's housing properties and program.
WHEREAS, the Authority is desirous of utilizing said personnel, supplies and equipment.
NOW, THEREFORE, in consideration of the foregoing recital, the parties hereby do agree as follows:
1. Authority contracts with the City to provide personnel, supplies and equipment to maintain the effective operation of the Authority' s housing properties and program.
2. City agree to provide Authority with adequate personnel, supplies and equipment.
3. This agreement may be terminated upon 30 days written notice by either party with the incurred charge to date due upon termination.
4. This agreement shall provide for services rendered from July 1, 2025 through June 30, 2026.
5. Authority agrees to pay the City annually based upon the actual hours of work performed by the personnel who provide services to the Authority. Those employees may include City Manager, Assistant City Manager, Administrative Services Director, City Clerk, Accounting Supervisor, Housing Manager, Management Analyst, Management Aide, Community Development Director, Planning Manager, Senior Planner, Associate Planner, Director of Parks and Recreation, Facilities Manager, Facilities Supervisor, Facilities Maintenance Worker and Building Maintenance Aide.
6. The total cost based upon an estimate is $300,212.70, but could be higher based upon housing activities.
CITY OF SANDIMAS SAN DIMAS HOUSING AUTHORITY
BY: BY:
Mayor/Chairman City Manager/Executive Director
ATTEST:
City Clerk
ATTACHMENT 1
Administrative Services Hours Productive Hourly
Rate
Cost
City Manager 3 253.12 $ 759.36
Assistant City Manager 2 195.25 $ 390.50
Administrative Services Director 26 158.58 $ 4,123.08
City Clerk 2 133.16 $ 266.32
Accounting Supervisor (2) 26 90.61 $ 2,355.86
Community Development
Director of Development Services 2 159.3 $ 318.60
Planning Manager 2 133.16 $ 266.32
Senior Planner 2 109.27 $ 218.54
Planning Assistant (2) 2 75.44 $ 150.88
Housing Manager 1000 122.01 $ 122,010.00
Management Analyst 1000 90.07 $ 90,070.00
Management Aide 1000 76.40 $ 76,400.00
Public Works
Public Works Director 2 199.98 $ 399.96
Engineering Manager 2 149.04 $ 298.08
Parks & Recreation
Parks & Recreation Director 2 178.4 $ 356.80
Faciliities Manager 5 130.78 $ 653.90
Facilities Supervisor 5 103.27 $ 516.35
Facilities Maintenance Worker II & I (3) 5 79.91 $ 399.55 Building Maintenance Aide (4) 5 51.72 $ 258.60
TOTAL PERSONNEL $ 300,212.70
TOTAL EXPENDITURES $ 300,212.70
RATES ARE PRODUCTIVE HOURLY RATES
NUMBER OF HOURS ARE ESTIMATES
ADMINISTRATIVE SERVICES AGREEMENT
BETWEEN
CITY OF SAN DIMAS AND SAN DIMAS HOUSING AUTHORITY
ESTIMATED BUDGET FY 25-26
ATTACHMENT 2
San Dimas Housing Authority
Agenda Item Staff Report
To: San Dimas Housing Authority Board
For the Meeting of December 9, 2025
From: Brad McKinney, Executive Director
Prepared by: Michael O'Brien, Director of Administrative Services Subject: Receive and File the Housing Authority Annual Audit Report ____________________________________________________________________________
SUMMARY
The Housing Authority Annual Audit Report is submitted for Council's information.
RECOMMENDATION
Staff recommends that the Housing Authority receive and file the Annual Audit Report.
GOVERNMENT CODE §84308 APPLIES:
https://leginfo.legislature.ca.gov
No
FISCAL IMPACT
There is no fiscal impact for the recommended action.
BACKGROUND
In 2014, State legislation was adopted requiring Housing Successor Agencies to former Redevelopment Agencies, in our case the San Dimas Housing Authority, to be provided with an annual report. The purpose of the report is to provide the Authority and public with information on housing assets and activities for a given fiscal year. Information for the report is generated from an independent financial audit and staff. There is specific information required to be included in the audit and annual report. The annual report and Auditors report are for activities in Fiscal Year 2024- 25 ending June 30, 2025.
Receive and File the Housing Authority Annual Audit Report Page 2 For the Meeting of December 9, 2025
DISCUSSION/ANALYSIS
This report covers the assets and activities from the former redevelopment agency which excludes assets or activities of the Charter Oak Mobile Home Park which is not a former agency asset. In summary the audit opinion finds that the Housing Authority complies, in all material respects, with all internal controls over compliance.
The Housing compliance report reviews the amounts deposited into the Low- and ModerateIncome Housing Asset Fund (LMIHAF) along with the ending balance, description of expenditures, transfers, project descriptions, status of compliance, outstanding obligations, income test, senior housing test, and the excess surplus test.
The requirement to determine if the Authority has an excess amount of surplus revenue is defined as an unencumbered surplus over $1,000,000 or the total of four years' worth of deposits, whichever is greater. The audit concluded that the Authority has no excess surplus for the 2024- 25 fiscal year.
The housing successor audit did not identify any deficiencies in internal control over compliance that the auditors considered to be of material weakness.
The auditors' opinion also concluded that the Housing Successor complied, in all material respects, with the types of compliance requirements that could have a direct and material effect on the Housing Successor for the year ending June 30, 2025. The audit and report will also be posted on the City's website, per the requirement of the State legislation.
ALTERNATIVES
The San Dimas Housing Authority Board could choose not to approve the report, which would prevent us from meeting the deadline for posting the annual report.
ENVIRONMENTAL REVIEW
Pursuant to CEQA guidelines Section 15061 (b)(3), CEQA does not apply to this item because there is no potential for causing a significant effect on the environment. Therefore, no additional environmental review is needed at this time.
Respectfully submitted,
Michael O'Brien
Director of Administrative Services
Attachments:
1. Independent Auditors ' Report
2. Housing Successor Annual Report
Tel. 909-889-0871 | www.ramscpa.net | 735 E. Carnegie Dr. Suite 100, San Bernardino, CA 92408
CERTIFIED PUBLIC ACCOUNTANTS
-1-
REPORT ON COMPLIANCE WITH APPLICABLE REQUIREMENT AND ON INTERNAL
CONTROL OVER COMPLIANCE
Independent Auditor’s Report
To the Honorable City Council
City of San Dimas, California
Report on Compliance for the Housing Successor
Opinion
We have audited the City of San Dimas Housing Successor’s (the Housing Successor) compliance with the type of compliance requirements described in the California Health and Safety Code sections applicable to California Housing Successor Agencies for the year ending June 30, 2025.
In our opinion, the Housing Successor complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on its Housing Successor for the year ending June 30, 2025.
Basis for Opinion
We conducted our audit of compliance 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 (Government Auditing Standards). Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the compliance section of our report. We are required to be independent of the Housing Successor and to meet our other ethical responsibilities, in accordance with relevant ethical requirements relating to our audit.
We believe the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on compliance for the Housing Successor. However, our audit does not provide a legal determination of the Housing Successor’s compliance with those requirements.
Responsibilities of Management for Compliance
Management is responsible for compliance with the requirements referred to above and for the design, implementation, and maintenance of effective internal control over compliance with the requirements of laws, statutes, regulations, rules, and provisions of contracts or grant agreements applicable to the Housing Successor’s general programs.
Attachment 1
-2-
Auditor’s Responsibility for the Audit of Compliance
Our objectives are to obtain reasonable assurance about whether material noncompliance with the compliance requirements referred to above occurred, whether due to fraud or error, and express an opinion on the Housing Successor’s compliance based on our audit. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS, Government Auditing Standards, and the audit guidelines issued by the California State Controller’s Office will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Noncompliance with the compliance requirements referred to above is considered material if there is a substantial likelihood that, individually or in the aggregate, it would influence the judgment made by a reasonable user of the report on compliance about the Housing Successor’s compliance with the requirements of the government program as a whole.
In performing an audit in accordance with GAAS, Government Auditing Standards, and the audit guidelines issued by the California State Controller’s Office, we:
Exercise professional judgment and maintain professional skepticism throughout the audit.
Identify and assess the risks of material noncompliance, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the Housing Successor’s compliance with the compliance requirements referred to above and performing such other procedures as we considered necessary in the circumstances. Obtain an understanding of the Housing Successor’s internal control over compliance relevant to the audit in order to design audit procedures that are appropriate in the circumstances and to test and report on internal control over compliance in accordance with GAAS, Government Auditing Standards, and the audit guidelines issued by the California State Controller’s Office, but not for the purpose of expressing an opinion on the effectiveness of the Housing Successor’s internal control over compliance.
Accordingly, no such opinion is expressed.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control–related matters that we identified during the audit.
Report on Internal Control Over Compliance
A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance on a timely basis. A material weakness in internal control over compliance is a deficiency, or combination of deficiencies in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a compliance requirement will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance.
-3-
Our consideration of internal control over compliance was for the limited purpose described in the Auditor’s Responsibility for the Audit of Compliance section and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies in internal control over compliance. Given these limitations, during our audit we did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses, as defined above. However, material weaknesses or significant deficiencies in internal control over compliance may exist that have not been identified.
Our audit was not designed for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, no such opinion is expressed.
The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of California Health and Safety Code sections applicable to California Housing Successor Agencies. Accordingly, this report is not suitable for any other purpose.
Report on Excess/Surplus Calculation
We have audited the financial statements of the governmental activities, each major fund, and the aggregate remaining fund information of the City of San Dimas as of the year ended June 30, 2025, and have issued our report thereon dated December 2, 2025, which contained unmodified opinions on those financial statements. Our audit was conducted for the purpose of forming opinions on the financial statements as a whole. The accompanying report on excess/surplus calculation is presented for purposes of additional analysis only and is not a required part of the financial statements. Such information is the responsibility of management and was derived from the financial statements. The report on excess/surplus calculation has not been subjected to the auditing procedures applied in the audit of the basic financial statements, and accordingly, we do not express an opinion or provide any assurance.
San Bernardino, California
December 2, 2025
City of San Dimas
Computation of Housing Successor Excess Surplus (HSC 34176.1)(d) For the year ended June 30, 2025
-4-
Opening Fund Balance $ 1,704,499 $ 1,335,464
Less Unavailable Amounts:
Encumbrances (Section 33334.12(g)(2)) $ 103,708 $ 29,524 Total unavailable amounts (103,708) (29,524)
Available Low & Mod Funds 1,600,791 1,305,940
Limitation (Greater of $1,000,000 or four years of deposits) Aggregate amount deposited for last four years:
2024-2025 $ - $ 483,878
2023-2024 418,766 418,766
2022-2023 415,973 415,973
2021-2022 443,391 443,391
2020-2021 449,437 -
Total Amounts Deposited for Last 4 Years 1,727,567 1,762,008 Base Limitation 1,000,000 1,000,000
Greater Amount 1,727,567 1,762,008
Computed Excess Surplus $ - -$
Low & Moderate
Hosung Funds
All Project Area
July 1, 2024
Low & Moderate
Housing Funds
All Project Area
July 1, 2025
Please note: In accordance with HSC34176.1(d), if a housing successor has an excess surplus, the housing successor shall encumber the excess surplus for the purposes described in paragraph (3) of subdivision (a) or transfer the funds pursuant to paragraph (2) of subdivision (c) within three fiscal years. If the housing successor fails to comply with this subdivision, the housing successor, within 90 days of the end of the third fiscal year, shall transfer any excess surplus to the Department of Housing and Community Development for expenditure pursuant to the Multifamily Housing Program or the Joe Serna, Jr. Farmworker Housing Grant Program. For purposes of this subdivision, "excess surplus" shall mean an unencumbered amount in the account that exceeds the greater of one million dollars ($1,000,000) or the aggregate amount deposited into the account during the housing successor's preceding four fiscal years, whichever is greater.
CITY OF SAN DIMAS HOUSING AUTHORITY Page 1
HOUSING SUCCESSOR ANNUAL REPORT
REGARDING THE
LOW AND MODERATE INCOME HOUSING ASSET FUND
FOR FISCAL YEAR 2024-2025 PURSUANT TO
CALIFORNIA HEALTH AND SAFETY CODE SECTION 34176.1(f)
FOR THE
CITY OF SAN DIMAS – HOUSING
AUTHORITY
This Housing Successor Annual Report (Report) regarding the Low and Moderate Income Housing Asset Fund (LMIHAF) has been prepared pursuant to California Health and Safety Code Section 34176.1(f) and is dated as of November 25, 2025. This Report sets forth certain details of the City of San Dimas Housing Authority activities during Fiscal Year 2024-2025. The purpose of this Report is to provide the governing body of the Housing Successor an annual report on the housing assets and activities of the Housing Successor under Part 1.85, Division 24 of the California Health and Safety Code, in particular sections 34176 and 34176.1 (Dissolution Law).
The following Report is based upon information prepared by Housing Successor staff and information contained within the independent financial audit of the Low and Moderate Income Housing Asset Fund in the City of San Dimas, Financial Statements for Fiscal Year 2023-2024 as prepared by Rogers, Anderson, Malody & Scott, LLP, which Audit is separate from this annual summary Report; further, this Report conforms with and is organized into sections I. through XI., inclusive, pursuant to Section 34176.1(f) of the Dissolution Law:
I. Amount Deposited into LMIHAF: This section provides the total amount of funds deposited into the LMIHAF during the Fiscal Year. Any amounts deposited for items listed on the Recognized Obligation Payment Schedule (ROPS) must be distinguished from the other amounts deposited.
II. Ending Balance of LMIHAF: This section provides a statement of the balance in the LMIHAF as of the close of the Fiscal Year. Any amounts deposited for items listed on the ROPS must be distinguished from the other amounts deposited.
III. Description of Expenditures from LMIHAF: This section provides a description of the expenditures made from the LMIHAF during the Fiscal Year. The expenditures are to be categorized.
IV. Statutory Value of Assets Owned by Housing Successor: This section provides the statutory value of real property owned by the Housing Successor, the value of loans and grants receivables, and the sum of these two amounts.
Attachment 2
CITY OF SAN DIMAS HOUSING AUTHORITY Page 2
V. Description of Transfers: This section describes transfers, if any, to another housing successor agency made in previous Fiscal Year(s), including whether the funds are unencumbered and the status of projects, if any, for which the transferred LMIHAF will be used. The sole purpose of the transfers must be for the development of transit priority projects, permanent supportive housing, housing for agricultural employees or special needs housing.
VI. Project Descriptions: This section describes any project for which the Housing Successor receives or holds property tax revenue pursuant to the ROPS and the status of that project.
VII. Status of Compliance with Section 33334.16: This section provides a status update on compliance with Section 33334.16 for interests in real property acquired by the former redevelopment agency prior to February 1, 2012. For interests in real property acquired on or after February 1, 2012, provide a status update on the project.
VIII. Description of Outstanding Obligations under Section 33413: This section describes the outstanding inclusionary and replacement housing obligations, if any, under Section 33413 that remained outstanding prior to dissolution of the former redevelopment agency as of February 1, 2012 along with the Housing Successor’s progress in meeting those prior obligations, if any, of the former redevelopment agency and how the Housing Successor’s plans to meet unmet obligations, if any.
IX. Income Test: This section provides the information required by Section 34176.1(a)(3)(B), or a description of expenditures by income restriction for five-year period, with the time period beginning January 1, 2015 and whether the statutory thresholds have been met.
X. Senior Housing Test: This section provides the percentage of units of deed-restricted rental housing restricted to seniors and assisted individually or jointly by the Housing Successor, its former redevelopment Agency, and its host jurisdiction within the previous 10 years in relation to the aggregate number of units of deed-restricted rental housing assisted individually or jointly by the Housing Successor, its former Redevelopment Agency and its host jurisdiction within the same time period. For this Report the ten-year period reviewed is January 1, 2015 to January 1, 2025.
XI. Excess Surplus Test: This section provides the amount of excess surplus in the LMIHAF, if any, and the length of time that the Housing Successor has had excess surplus, and the Housing Successor’s plan for eliminating the excess surplus.
This Report is to be provided to the Housing Successor’s governing body by December 31, 2025.
In addition, this Report and the former redevelopment agency’s pre-dissolution Implementation Plan are to be made available to the public on the City’s website at sandimasca.gov.
CITY OF SAN DIMAS HOUSING AUTHORITY Page 3
I. AMOUNT DEPOSITED INTO LMIHAF
A total of $483,878 was deposited into the LMIHAF during the Fiscal Year. Which consisted of rents from the Monte Vista Apartments, interest income and a transfer in from the general fund in the amount of $287,465 which represents the required 20% set aside allocation from the 2024- 25 loan payment from the former redevelopment agency.
Over the past five years going back to January 1, 2020 the Housing Successor fund has received the following deposits.
2024-25 $483,878
2023-24 $418,766
2022-23 $415,973
2021-22 $443,391
2020-21 $449,437
II. ENDING BALANCE OF LMIHAF
At the close of the Fiscal Year, the ending fund balance in the LMIHAF was $1,335,464.
Over the past five years the Housing Successor ending fund balance has been the following. 2024-25 $1,335,464
2023-24 $1,704,499
2022-23 $2,426,850
2021-22 $3,450,463
2020-21 $3,564,003
III. DESCRIPTION OF EXPENDITURES FROM LMIHAF
The following is a description of expenditures from the LMIHAF by category:
CITY OF SAN DIMAS HOUSING AUTHORITY Page 4
mount
Monitoring & Administrative Expenditures Fiscal Year Amount 2024-25 293,136 $
2023-24 315,628 $
2022-23 331,780 $
2021-22 214,765 $
2020-21 180,990 $
Total July 1, 2019 - June 30, 2024 1,336,299 $
Fiscal Year Amount
Homeless Prevention and Rapid Rehousing Services
Expenditures 2024-25 224,957 $
2023-24 217,828 $
2022-23 45,000 $
2021-22 55,214 $
Total July 1, 2021 - June 30, 2024 542,999.00
Fiscal Year Amount
Housing Development Expenditures 2024-25 334,820 $
● Expenditures on Low Income Units 2023-24 607,661 $
● Expenditures on Very-Extremely Low Income Units 2022-23 1,062,806 $ ● Total Housing Development Expenditures 2021-22 286,952 $ ● Bond Payment for Improvements to property that
provides low income rental units. 2020-21 389,302 $
Total July 1,2019 - June 30, 2024 2,681,541 $
Fiscal Year Amount
2024-25 852,913 $
2023-24 1,141,117 $
2022-23 1,439,586 $
2021-22 556,931 $
2020-21 570,292 $
Total LMIHAF Expenditures
CITY OF SAN DIMAS HOUSING AUTHORITY Page 5
IV. STATUTORY VALUE OF ASSETS OWNED BY HOUSING SUCCESSOR IN LMIHAF Under the Dissolution Law and for purposes of this Report, the “statutory value of real property” means the value of properties formerly held by the former redevelopment agency as listed on the housing asset transfer schedule approved by the Department of Finance as listed in such schedule under Section 34176(a)(2), the value of the properties transferred to the Housing Successor pursuant to Section 34181(f), and the purchase price of property(ies) purchased by the Housing Successor. Further, the value of loans and grants receivable is included in these reported assets held in the LMIHAF.
The following provides the statutory value of assets owned by the Housing Successor.
As of End of
Fiscal Year
Statutory Value of Real Property Owned by Housing Authority $1,400,000 Value of Loans and Grants Receivable $0
Total Value of Housing Successor Assets $1,400,000
V. DESCRIPTION OF TRANSFERS
The Housing Successor did not make any LMIHAF transfers to other Housing Successor(s) under Section 34176.1(c)(2) during the Fiscal Year.
VI. PROJECT DESCRIPTIONS
The Housing Successor does not receive or hold property tax revenue pursuant to the ROPS.
The following is a description of project(s) for which the Housing Successor receives or holds property tax revenue pursuant to the ROPS as well as the status of the project(s):
Project Name Status of Project
No projects at this time.
CITY OF SAN DIMAS HOUSING AUTHORITY Page 6
VII. STATUS OF COMPLIANCE WITH SECTION 33334.16
Section 34176.1 provides that Section 33334.16 does not apply to interests in real property acquired by the Housing Successor on or after February 1, 2012; however, this Report presents a status update on the project related to such real property.
With respect to interests in real property acquired by the former redevelopment agency prior to February 1, 2012, the time periods described in Section 33334.16 shall be deemed to have commenced on the date that the Department of Finance approved the property as a housing asset in the LMIHAF; thus, as to real property acquired by the former redevelopment agency now held by the Housing Successor in the LMIHAF, the Housing Successor must initiate activities consistent with the development of the real property for the purpose for which it was acquired within five years of the date the DOF approved such property as a housing asset.
The following provides a status update on the real property or properties housing asset(s) that were acquired prior to February 1, 2012 and compliance with five-year period:
Deadline to
Initiate
Date of Development
Address of Property Acquisition Activity Status of Housing Successor Activity Monte Vista Apartments 7/4/96 City continues to operate L&M apartments.
Taylor Property 9/17/01 Asset was transferred to Habitat for Humanity on 11/7/2022
CITY OF SAN DIMAS HOUSING AUTHORITY Page 7
VIII. DESCRIPTION OF OUTSTANDING OBLIGATIONS PURSUANT TO SECTION 33413 Replacement Housing: According to the 2010-2015 Implementation plan for the former redevelopment agency, no Section 33413(a) replacement housing obligations were transferred to the Housing Successor. The former redevelopment agency’s Implementation Plans are posted on the City’s website at sandimasca.gov.
Inclusionary/Production Housing. According to the 2010-2015 Implementation Plan for the former redevelopment agency, no Section 33413(b) inclusionary/production housing obligations were transferred to the Housing Successor. The former redevelopment agency’s Implementation Plans are posted on the City’s website at sandimasca.gov.
IX. EXTREMELY-LOW INCOME TEST
Section 34176.1(a)(3)(A) requires that the Housing Successor must require at least 30% of the LMIHAF (after monitoring and administration expenses and homeless housing expenses) to be expended for development of rental housing affordable to and occupied by households earning 30% or less of the AMI. If the Housing Successor fails to comply with the Extremely-Low Income requirement in any five-year report, then the Housing Successor must ensure that at least 50% of the funds remaining in the LMIHAF be expended in each fiscal year following the latest fiscal year following the report on households earning 30% or less of the AMI until the Housing Successor demonstrates compliance with the Extremely-Low Income requirement. This information is provided below for the 2014 – 2019 period.
At January 1, 2014 the Successor Housing Authority had a beginning available fund balance of $422,041. From January 1, 2020 to June 30, 2025, the Successor Housing Authority has had deposits totaling $2,211,445. The total available fund balance including new deposits from January 1, 2020 to 06/30/2025 is $1,305,940, which represents the beginning base line for the extremely-low income test. From that number we deduct $293,136 for monitoring and administrative expenditures as shown on page 4 above. The baseline for the 30% test is $1,012,804. 30% of the baseline $1,012,804 is $303,841.20. The Housing Authority has spent $2,681,541 on Housing Development Expenditures during the 2020-2025 five year look back period which has resulted in an ending fund balance of $1,305,940. $506,402 is equivalent to 50% of the baseline fund balance figure of $1,012,804.
The next look back period for the extremely-low income test will take place at the end of the 2024- 25 fiscal year. The look back will encompass the July 1, 2025 – June 30. 2030 five-year period.
CITY OF SAN DIMAS HOUSING AUTHORITY Page 8
X. SENIOR HOUSING TEST
The Housing Successor is to calculate the percentage of units of deed-restricted rental housing restricted to seniors and assisted by the Housing Successor, the former redevelopment agency and/or the City within the previous 10 years in relation to the aggregate number of units of deed-restricted rental housing assisted by the Housing Successor, the former redevelopment agency and/or City within the same time period. If this percentage exceeds 50%, then the Housing Successor cannot expend future funds in the LMIHAF to assist additional senior housing units until the Housing Successor or City assists and construction has commenced on a number of restricted rental units that is equal to 50% of the total amount of deed-restricted rental units.
The following provides the Housing Successor’s Senior Housing Test for the 10-year period of January 1, 2014 to January 1, 2024:
Senior Housing Test January 1, 2014 to January 1, 2024
# of Assisted Senior Rental Units 10
# of Total Assisted Rental Units 10
Senior Housing Percentage 100%
XI. EXCESS SURPLUS TEST
Excess Surplus is defined in Section 34176.1(d) as an unencumbered amount in the account that exceeds the greater of one million dollars ($1,000,000) or the aggregate amount deposited into the account during the Housing Successor’s preceding four Fiscal Years, whichever is greater.
Per the auditor’s report the available fund balance which factors in Encumbrances, is below the threshold. The amount available is $1,305,940 which includes $29,524 of encumbrances which is $456,068 below the threshold.
SAN DIMAS PUBLIC FACILITIES
FINANCING CORPORATION
ACTION MINUTES
DECEMBER 10, 2024
REGULAR MEETING
Officers Present: President Emmett Badar, Vice President Eric Nakano, Board Member Rachel Bratakos, Board Member Ryan A. Vienna, Board Member Eric Weber Officers Absent: Secretary/Treasurer Chris Constantin
Staff: City Manager Brad McKinney, City Attorney Jeff Malawy, Director of Administrative Services Michael O’Brien, City Clerk Debra Black
Call to Order: 9:19 P.M.
SAN DIMAS PUBLIC FACILITIES
FINANCING ITEMS
COMMENTS/RECOMMENDATIONS
1. Approve December 12, 2023, San Dimas
Public Facilities Financing Corporation
Minutes
MOTION: Motion/seconded by Board
Member Weber/Board Member Vienna to
approve the minutes of the December 12,
2023, meeting. Motion carried 5-0.
Yes: Badar, Bratakos, Nakano, Vienna,
Weber
No: None
Absent: None
Abstain: None
Appointment of Members of the Corporation
1. President
2. Vice-President
3. Secretary/Treasurer
MOTION: Motion/seconded by Board
Member Vienna/Board Member Weber to
appoint Mayor Badar as President, Mayor
Pro Tem Nakano as Vice-President and City
Manager McKinney as Secretary/Treasurer.
Motion carried 5-0.
Yes: Badar, Bratakos, Nakano, Vienna,
Weber
No: None
Absent: None
Abstain: None
Adjourned: 9:20 P.M.
Approve the December 10, 2024 San Dimas Public Facilities Financing Corporation Minutes For the Meeting of December 9, 2025 Page 2
I, Debra Black, City Clerk attest that these draft minutes are accurate and reflective of the actions taken by the City Council.
________________________________
Debra Black, City Clerk
Approved: December 9, 2025
Agenda Item Staff Report
To: Honorable Mayor and Members of City Council
For the Meeting of December 9, 2025
From: Brad McKinney, City Manager
Prepared by: Debra Black, City Clerk
Subject: Appoint a New Commissioner to the Parks and Recreation Commission ____________________________________________________________________________
SUMMARY
Commissioner Jesse Ash resigned his seat on the Parks and Recreation Commission. This opened up a vacancy for an unexpired term through 2027. This is a Mayor nominated seat.
RECOMMENDATION
City Staff recommends that the City Council:
• Give consideration to the Mayor’s recommendation for appointment.
GOVERNMENT CODE §84308 APPLIES:
https://leginfo.legislature.ca.gov
No
FISCAL IMPACT
There is no fiscal impact for the recommended action.
BACKGROUND
The resignation of Commissioner Jesse Ash has opened a vacancy on the Parks and Recreation Commission for one two-year term. As with the earlier nomination, this one is also subject to the Mayor’s discretion.
Appoint New Commissioner to the Parks and Recreation Commission Page 2 For the Meeting of December 9, 2025
DISCUSSION/ANALYSIS
The City Council directed the City Clerk to advertise the vacancy. A total of 7 applications were received, and 5 applicants were interviewed by the Mayor Badar and Director of Parks and Recreation Wasserman. Candidate Selina Garcia is being presented as the nominee to be appointed by the Council.
ALTERNATIVES
If no appointment is made the Parks and Recreation Commission will continue to meet without a fully seated body. Staff would request direction from Council on next steps to fill the vacancy.
ENVIRONMENTAL REVIEW
Pursuant to CEQA guidelines Section 15061 (b)(3), CEQA does not apply to this item because there is no potential for causing a significant effect on the environment. Therefore, no additional environmental review is needed at this time.
Respectfully submitted,
Debra Black
City Clerk
Attachments:
1. Parks and Recreation Commission Application – Selina Garcia
Filed
09108I2025
11: 06: 67
Filing ID:
12468
Commission, Committee, Board Application
Please select the Commission, Committee, or Board
Parks & Recreation Commission
Personal Data
Last Name First Name Middle Name
Garcia Selina
Home Telephone Business Telephone
Home Address Apt, Suite, Etc.
Cell No.
Prefix
Mrs.
City State Zip Code
San Dimas CA 91773
How long have you lived in San Dimas?
1 ears 17
Work Experience
Describe your duties
Medical Billing ( 2012- 2019), Campus Aid and Paraeducator (2022- 2024) Education & Training
NIA
Additional Information
I am part of the Superintendent' s Advisory Committee and School Site Council at Allen Avenue Elementary School.
References
114
ATTACHMENT 1
M19M
Name Telephone
Margie Green (
Address Apt, Suite, Etc.
City
San Dimas
State
CA
Zip Code
91773
Name Telephone
Lisa Borchert
Address Apt, Suite, Etc.
City state Zip Code
La Verne CA 91750
Current Activities and work
Name of Organization How long with this organization?
Allen Avenue PTA 11 years
Offices held
President, Secretary, Vice President of Memberships, Vice President of Programs, Historian, Parliamentarian, and Yearbook Chairman
Describe your responsibilities and accomplishments
214
Responsibilities - preside over all board meeting and committee meetings, prepare agendas and scripts, attend district and regional PTA meetings, record and prepare minutes, plan all events of the organization, work with vendors and insurance companies, collecting a record of all events and present them to the association, and understand Roberts Rules and implement them, and revise bylaws.
Accomplishments - Received the PTA's Honorary Service award in 2016 and 2023 Name of Organization
Bonita Council PTA
Offices held
President, Secretary, Treasurer
How long with this organization?
Tt-T- I
3/4
ws
K44-
Describe your responsibilities and accomplishments
Responsibilities - preside over meetings, oversee all 12 District, attending meetings for state and national PTA, responsible for the financial records of the association.
Accomplishments - Received the Golden Oak Award in
Award in 2025
PTA' s in Bonita Unified School
plan training events, and be
2020 and an Honorary Service
Name of Organization How long with this organization?
Holy Name of Mary Catholic Church 10 years
Offices held
Faith Formation Catchiest
Describe your responsibilities and accomplishments
Responsibilities- teach first and second grade students about their faith as they prepare to receive first communion.
Name of Organization How long with this organization?
La Verne San Dimas Educational 4 Years
Foundation
Offices held
Secretary
Describe your responsibilities and accomplishments
Responsibilities - record and prepare minutes, help with golf tournament fundraiser and perseverance awards event, and attend committee events to promote this nonprofit organization.
Name of Organization
San Dimas Historical Society
Offices held
How long with this organization?
3 years
Vice President, and Programs Co -Chairman
Describe your responsibilities and accomplishments
Responsibilities - assist the president as needed, be a docent for museum tours, work in the gift shop, and help organize programs.
Name of Organization
San Dimas Parks and Recreation
Offices held
Co -host the Holiday Extravaganza
How long with this organization?
5
4/4
LIMAS SANX °l
eneo
Describe your responsibilities and accomplishments
For the past 5 years I have co -hosted the Holiday Extravaganza and in February 2025 received a Certificate of Appreciation from San Dimas Parks and Recreation Department.
Essay Questions
Why did you move to San Dimas?
I moved to San Dimas because my husband had lived her for the past 14 years prior. I knew that when were started r family together, that he was already in the perfect city for us. I loved how clean and well -kept the city looked, that I felt safe walking the neighbor, all the parks and trails, and that famers market and music in the park is walking distance from my home.
Ifyou could change anything in the City, what would it be? I would like downtown to have more restaurants and shops that my family go to.
What can you contribute to and why are you interested in serving on the Commission( s) designated? As a resident who regularly enjoys our city' s parks and attends community events, I think I can bring a hands- on perspective of how this department impacts families, children in our community. I' m invested in our city and passionate about making sure ou, parks remain safe for everyone. I' d love to contribute ideas that reflect the needs of everyday residents. Serving on the Commission would allow me to give back by using my voice and experience to support thoughtful planning and ensure our parks and events remain a source that we as a community can proud of. 4r m
Date
1 / 1
Signature
Selina Garcia