Santa Barbara City Council
December 13, 2022

Airport staff has been meeting with the rental car companies since Spring of 2021 discussing the addition of Ready Return Lot spaces with the Southfield Redevelopment Project and future construction of a Parking Structure. The Southfield Redevelopment Project will reconfigure the Ready Return Lot and increase the number of spaces available from 155 spaces to 215 spaces. The Southfield Redevelopment Project is anticipated to be completed in 2023 at a budgeted cost of $3.50 million. The Parking Structure Project will provide between 800 and 1,400 total parking spaces.

Approximately 250 spaces on the ground floor will be allocated for the Rental Cars along with some office spaces. Airport staff has specifically discussed the Customer Facility Charge portion to fund half of the Southfield Redevelopment Project and the portion of the future Parking Structure that the Rental Cars will occupy with the companies. All of the rental car companies support imposing approximately $1.75 Million of the CFC towards the additional spaces created by construction of the Southfield Redevelopment as well as the cost share of the future Parking Structure that they will occupy.

The attached Resolution will permit the City to reimburse itself for project expenditures incurred for the Southfield Redevelopment and construction of the new parking structure is anticipated to provide approximately 250 ground flour parkings spaces and office for the rental car companies. This is strictly a procedural action. As the Resolution indicates, this action does not bind the City to make any expenditure, incur any indebtedness or proceed with the project.

Because, as stated above, adoption of the attached Resolution does not commit the City to any course of action and is strictly administrative in nature, Staff recommends adoption.

Airport Commission has been presented the proposal to establish a Customer Facility Charge during the fiscal year 2023 budget presentation and recommended approval of the budget.

PREPARED BY: Jonathan Abad, Airport Business Manager
SUBMITTED BY: Chris Hastert, Airport Director
APPROVED BY: City Administrator’s Office
RESOLUTION NO.

A RESOLUTION OF THE COUNCIL OF THE CITY OF SANTA

BARBARA APPROVING ESTABLISHMENT OF A CUSTOMER

FACILITY CHARGE TO BE IMPOSED BY AND COLLECTED BY

AIRPORT RENTAL CAR COMPANIES TO BE USED TO

PROPORTIONATELY REIMBURSE CAPTAL EXPENDITURES

FOR SOUTHFIELD REDEVELOPMENT PPROJECT AND

FINANCE, DESIGN, AND CONSTRUCTION OF THE AIRPORT
PARKING STRUCTURE.

WHEREAS Government Code sections 50474.21 and 50474.3(a) authorizes California airports to require that on-airport rental car companies impose and collect a customer facilities charge (“CFC”) not to exceed $10 per contract on rental car customers; WHEREAS the fee must be collected to finance, design, and construct consolidated airport vehicle rental facilities or common use airport transportation systems and the aggregate collected shall not exceed the reasonable costs to finance, design and construct those facilities;
WHEREAS there are currently four rental car companies providing service at the Santa Barbara Airport: Enterprise, Avis/Budget, Hertz/Dollar, and National/Alamo, operating under a concession agreement with the City to use shared rental counters, office space, ready return lot, and a quick-turn around maintenance area based on their market share allocation; WHEREAS the Airport’s Southfield Redevelopment Project will, in part, reconfigure the rental car ready return lot spaces from 155 to 215 spaces and design and construction of the new parking structure is anticipated to provide approximately 250 ground flour parkings spaces and office for the rental car companies;
WHEREAS pursuant to the independent report attached hereto as Exhibit A, a $10 per contract customer facility charge is necesarry to finannce and design the proportionate share of the Southfield Redevelopment Project and parking structure to be utilized by the on-airport rental companies; and
WHEREAS the CFC is a user fee, and not a tax.

NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF SANTA BARBARA THAT:

SECTION 1. Pursuant to Government Code sections 50474.21 and 50474.3(a) the City Council of the City of Santa Barbara approves the establishment of a Customer Facility Charge in the amount of $10 per rental car contract.

SECTION 2. The CFC shall be collected by all on-airport rental car companies that operate at the Santa Barbara Airport pursuant to a City concession agreement.

SECTION 3. The CFC shall be used only for the purposes of financing, designing and constructing the on-airport rental car companies proportionate share of the Southfield Redevelopment Project and airport parking structure and shall not exceed the aggregate amount necessary to design and construct said structures.

SECTION 4. The CFC shall be calculated on a per contract basis.

SECTION 5. The CFC shall be collected by any on-airport rental car company on behalf of the City and shall be deemed a debt owed to the City by such rental car company.

SECTION 6. Each person who rents a vehicle from an on-airport rental car company located at the Airport shall pay a CFC in an amount not to exceed $10 per contract.

SECTION 7. Each on-airport rental car company shall remit all CFCs collected from its customers to the City in the manner prescribed in writing by the City.

SECTION 8. The on-airport rental car companies shall commence imposition and collection of the CFCs authorized herein upon written notice to rental car companies by the Airport Director.

Exhibit A

IMPOSITION OF A

RENTAL CAR CUSTOMER FACILITY CHARGE
AT THE BASIC RATE OF $10 PER RENTAL CAR TRANSACTION
City of Santa Barbara
November 29, 2022
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BACKGROUND
The City of Santa Barbara (“City”) is evaluating options for improving rental car facilities and operations at Santa Barbara Airport (“SBA”, or “the Airport”). While the City believes it is necessary to develop a new consolidated rental car facility (“ConRac”) in the medium-term, in conjunction with the development of a new public parking garage, certain improvements are expected to be needed to its existing rental car facilities to allow for the efficient operation of rental car activities at the Airport in the near-term, until the ConRac can be designed, permitted, and constructed. Certain existing rental car facilities are approaching their capacity constraints and are operationally challenging.

To fund rental car facility improvements at the Airport in the near-term, the City proposes to reimpose a rental car customer facility charge (“CFC”) in accordance with California Civil Code Section 1939.01 and California Government Code Sections 50474.21 and 50474.3, as amended by Assembly Bill No. 157 (“the Code”). The City proposes to initially re-impose a “basic” CFC of $10 per rental car transaction, and to subsequently impose an “alternative” CFC per rental car transaction-day when all the required permits and approvals for the ConRac have been obtained, in accordance with the Code.

The City has determined that the development of a ConRac will be the most efficient and cost effective way to provide for the safe, secure and efficient processing of rental car transactions for the traveling public in the medium-term; to enhance the choice afforded to rental car customers; and to mitigate problems associated with the current rental car facilities and rental car operations on the Airport.

Because of the long lead time needed to design, permit, and construct a ConRac – a process that is expected to take up to approximately six years in total – the City has determined that certain short-term improvements need to be made on a priority basis to its existing rental car facilities to ensure that it continues to operate in a safe, secure, and operationally efficient manner. These short-term improvements are known as the “Southfield Redevelopment” project.

At a later date, the City expects to impose and collect the alternative CFC (in the range of $5.00 to $9.00 per transaction day, up to a total of five days per rental car transaction) as described in the Code, in order to provide funding for the design, construction, and financing of the ConRac. The City would apply for authority to impose the alternative CFC when it has received all the necessary environmental permits associated with the development of the ConRac.

The short-term rental car facilities improvements being undertaken as part of the Southfield Redevelopment project are the subject of this report.

THE AIRPORT
The City of Santa Barbara owns, and through Airport Department, operates the Airport. The Airport occupies approximately 944 acres and is located about 10 miles (approximately 20 minutes driving time) west of downtown Santa Barbara, with convenient highway access from U.S. Highway 101.

The four passenger airlines currently serving the Airport (American, Alaska, Southwest, and United/Skywest) offer more than 25 daily scheduled nonstop flights to and from ten major markets. In Fiscal Year (FY) 2022*, approximately 619,000 enplaned passengers traveled through the Airport. The Airport is the thirteenth busiest airport in California.
* The City’s fiscal year ends on June 30.

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Airfield
The Airport has three runways and an associated system of taxiways. The primary air carrier runway is east/west Runway 7-25, which is 6,052 feet long and 150 feet wide. Category I precision instrument approach capability is provided at both ends of Runway 7-25. The second and third runways are the parallel 15L/33R and 15R/33L. The former is 4,180 feet long and 75 feet wide, and the latter is 4,184 feet long and 100 feet wide. Precision instrument approach capability is not provided on these runways, and they are only occasionally utilized by commercial aircraft.

Passenger Terminal
The passenger terminal is a two-story, approximately 68,000 square feet, which encompasses part of the original historic terminal at the Airport. The terminal provides five aircraft gates, and approximately 25,000 square feet of space is available for lease to the airlines.

Parking Facilities
The Airport provides 1,450 public parking spaces in three surface parking lots, including a short-term (hourly) lot and two long-term lots, one of which is remote and provides a more economical parking option for travelers.

Commercial and Industrial Buildings
The Airport owns 87 acres designated for commercial and industrial use. This area contains 24 buildings, which provide over 85,000 square feet of office space, and 76,000 square feet of commercial, retail, and industrial space. There are approximately 30 tenants, whose widely diverse enterprises include electronics, honey and beeswax processing, U.S. Department of Energy contractors, carpentry, printer cartridge recycling, undersea cable-laying, and a golf course.

RENTAL CAR MARKET AND OPERATIONS AT SBA
The Airport has had a vibrant car rental market for many years. The annual number of rental car transactions (or rental car contracts) increased from 58,498 in the Airport’s fiscal year (FY) 2010 to 95,178 in FY 2019 (the last full year before the Covid pandemic), an average annual increase of 5.6%.

CFC revenues collected over the same period increased from $531,337 to $935,470. CFC collections at the Airport at the basic rate of $10 per rental car transaction were originally imposed at the Airport on January 1, 2006, and expired on December 31, 2019.

During FY 2020 and FY 2021, rental car transactions were impacted by the COVID-19 pandemic, and fell to 64,283 and 43,057, respectively. Rental car activity rebounded very strongly in FY 2022, with transactions reaching 81,754.

Almost all of the rental car transactions are accounted for by the rental car companies operating from within Airport property. Only Thrifty operates off-Airport, and with only a minimal amount of activity.

Rental car transactions generally vary in relation to deplaning origination and destination passengers at the Airport. Figure 1 shows the relationship between enplaned passengers and rental car transactions between FY 2015 and FY 2022. (Note: enplaned passenger totals are generally approximately equal to deplaning passenger totals.)
BASIC CFC REPORT - Santa Barbara Airport 3
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Figure 1
ENPLANEMENT AND RENTAL CAR CONTRACT TRENDS (FY 2016 TO FY 2022) Santa Barbara Airport
All of the major rental car companies and brands are represented at the Airport. The three major rental car company brand families – Avis/Budget, Enterprise/Alamo/National, and Hertz – between them hold almost all of the market. Table 1 shows the market shares by company for FY 2022.

Each rental car company operating at the Airport occupies a Rental Car Operating Area which is defined as the area within the Airline Terminal. Each company utilizes one of the four counter positions and one of the four offices to operate their rental car concession.

The Ready Return parking area with 155 designated parking spaces is the area adjacent to the Airline Terminal provided for customer pick up and return. This is the area being expanded by the Southfield Redevelopment project.

The Quick Turn Around (QTA) facility is jointly occupied by each car rental concessionaire and is located at 25 David Love Place. This space is 158,298 square feet including 10,102 sq. ft of Building 508 and 4,500 feet of fueling area canopy consisting of offices, wash bays, overflow parking, fuel storage, fuel filling pad and all associated facilities and landscaping.

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Table 1

RENTAL CAR COMPANY
MARKET SHARES – FY 2022
Santa Barbara Airport
Fiscal Year Ending June 30
Contracts Share
Avis 31,053 38.0%
Hertz 16,533 20.2%
Dollar 4,127 5.0%
Alamo 6,910 8.5%
National 11,790 14.4%
Enterprise 11,341 13.9%
30,041 36.7%
Total 81,754 100.0%
Source: Airport records.

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RENTAL CAR FACILITY DEVELOPMENT

NEED FOR SHORT TERM RENTAL CAR IMPROVEMENTS
As stated previously, the number of rental car transactions has increased 62.7% between 2019 and 2010.

During that time, the number of rental car spaces at the Terminal’s Ready Return Parking area has remained the same at 155 spaces. Rental car companies have supported the increased number of rental car transactions by staging rental vehicles at the QTA facility and increasing the frequency at which rental cars are shuttled from the QTA to the Ready Return Parking area. This business practice will not be sustainable as rental car transactions continue to increase year over year.

The expansion of the Ready Return Parking area, as part of the Southfield Redevelopment Project, will provide rental car companies additional spaces to stage rental cars at the Terminal. This will reduce the frequency at which vehicles are shuttled to and from the QTA. The additional space will also reduce some of the stress experienced during busy periods when large quantities of rental cars are rented and returned that currently overrun the facility and available staffing.

PROJECT ALTERNATIVES EVALUATION
The City evaluated several potential alternatives as part of its evaluation of future rental car needs for the Airport, and options for accommodating those needs were identified.

Planning Approach
Rental car facility development was studied as part of the 2017 Airport Master Plan (AMP). At least three alternatives were studied, but alternatives studied mainly consisted of improving the area south of the Terminal with additional surface parking lot and/or a parking structure.

Alternatives Assessment
Analysis of the alternatives involved factoring in short and long-term requirements, as well as future growth potential for not just rental car operations, but also other terminal area operations. Environmental factors were also factored into the analysis, such as archaeological resources and floodplain considerations.

The AMP’s recommended capital program identified short-term and intermediate-term improvements in the way of surface parking lots with the long-term solution being a multi-level parking structure that would house rental car Ready Return on the ground floor. The Southfield Redevelopment Project aligns with the short-term and intermediate-term recommendations. For the long-term solution, Airport staff has initiated conceptual design work for a multi-level parking structure.

SOUTHFIELD REDEVELOPMENT PROJECT
Based on the facilities review and assessment described above, the City developed a two-pronged strategy for accommodating rental car activity growth at the Airport in the future.

The initial near-term improvements are reflected in the Southfield Redevelopment project. This would be followed by the development of the ConRac, in conjunction with the construction of a new parking garage, in the medium-term.

The Southfield site is located adjacent to Moffett Place, approximately 300 feet south of the Terminal. It is across the street from the Goleta Sanitary District facility, and the Atlantic Aviation FBO facility and the BASIC CFC REPORT - Santa Barbara Airport 6
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Surfair and Spitfire Aviation facility both abut the Southfield site. The airfield lies on the other side of the Southfield site.

The Southfield Redevelopment is shown graphically in Figure 2. The project includes public parking improvements and airside improvements, as well as rental car facilities.

The project includes the following elements:
 Construction of certain facilities both within the Airport air operations area (AOA) and on portions of the site that will be accessible to the public.
 Demolition of Hangar 5, an approximately 10,000 square foot facility.  Demolition of 31,400 of existing parking lot pavement, and replacement with approximately 31,500 square feet of permeable concrete parking lot surfacing.  Installation of 215 standard vehicle parking spaces (all dedicated for rental car parking), seven ADA compliant spaces, and three van accessible parking stalls; landscaping of the islands, and creation of an accessible path of travel around the parking lot. This will provide a new increase of 60 rental car spaces for the Airport.
 Development of three aircraft remain overnight (RON) parking spaces on the AOA section of the site.
 Realignment of the vehicle service road (VSR) on the site.  Relocation of security identification display area (SIDA) equipment.  Installation of new fencing around the AOA, and
 Associated utilities and drainage works.

As the Southfield Redevelopment project involves activities other than improvements to rental car facilities, only a portion of the development cost will be apportioned to rental car activities and paid with the proceeds of CFC revenues. The City estimates that 50% of the project can be allocated to rental car activities.

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Figure 2

SOUTHFIELD REDEVELOPMENT PROJECT
Santa Barbara Airport
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FINANCIAL ANALYSIS
This section summarizes the key assumptions underlying the financial projections, focusing on the near-term funding of rental car facilities improvements (i.e., the Southfield Redevelopment project). The following elements are considered:
 Project development costs for the Southfield Redevelopment project  Plan of finance
 Projected rental car activity and transactions
 CFC revenue projections and application of CFC revenues

PROJECT DEVELOPMENT COSTS FOR THE SOUTHFIELD REDEVELOPMENT PROJECT The Southfield Redevelopment project is estimated to cost $3.5 million, based on design estimates, including soft costs as well as construction costs. The Airport is currently seeking construction bids for the project. The project is expected to be completed by approximately the end of calendar year 2023.

Table 2 summarizes the project costs by major project element.

PLAN OF FINANCE FOR THE SOUTHFIELD REDEVELOPMENT PROJECT It is proposed that the necessary upgrades to rental car facilities to be accomplished in the near-term will be fully 50% funded from the revenues associated with the imposition of the CFC at the basic rate of $10 per rental car transaction, on a pay-as-you-go basis.

Table 3 summarizes the plan of finance for the Southfield Redevelopment project.

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Table 2

PROJECT DEVELOPMENT COST FOR THE

SOUTHFIELD REDEVELOPMENT PROJECT
Santa Barbara Airport
Cost
Mobilization $ 155,000
Roadway Excavation 626,000
Pavement / Surface Repair 612,376
Hangar 5 Building Demolition and Removal 260,000
Other Demolition and Removal 282,919
Landscape and Irrigation 364,300
Utilities 189,700
Parking Lot Lighting System 185,000
Apron Lighting System 175,000
Airport Security System Modifications 150,000
Site Remediation 125,000
Other Construction 228,484
Contingency 146,221
Total $ 3,500,000
Source: Airport records.

Table 3

ESTIMATED PLAN OF FINANCE FOR THE

SOUTHFIELD REDEVELOPMENT PROJECT
Santa Barbara Airport
Cost
Customer Facility Charges Revenues $ 1,750,000
Other Funding Sources 1,750,000
Total $ 3,500,000
Source: Airport records.

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PROJECTED RENTAL CAR ACTIVITY AND TRANSACTIONS
As mentioned earlier, the Airport is, and has been, a thriving market for car rental activity for many years. A total of four rental car companies (encompassing six rental car brands) currently provide on-Airport rental car services at SBA, all of which operate from on-Airport facilities. These include all of the major national rental car companies and brand families.

As shown in Table 4, after several years of steady growth, rental car activity showed a dip during FY 2020 and FY 2021 due to the impact of the Covid pandemic. Rental car transactions rebounded strongly in FY 2022, in line with the recovery of passenger activity at the Airport. During FY 2022, the rental car companies operating on the Airport accounted for a total of 81,754 rental car transactions.

Accordingly, given anticipated continuing aviation activity growth, the projection of rental car activity is as follows:
 An 8.6%, 9.8%, and 9.3% increase in rental car transactions is assumed during FY 2023, FY 2024, and FY 2025 respectively. This represents the expected effect of continued recovery in aviation activity at the Airport, following the pandemic, in conjunction with a slower recovery of rental car transactions (contracts) per enplanement for rental car transactions.  An annual increase of 2.5% per year in rental car transactions is assumed in FY 2026. This is in line with projected Airport passenger growth during the same period.

Using these assumptions, rental car transactions are forecast to range from 81,754 in FY 2022 to 109,236 in FY 2026 as shown in Table 4.

CFC REVENUE PROJECTIONS AND APPLICATION OF REVENUES
The Airport is targeting an imposition date of January 1, 2023, for the imposition of the basic CFC, with 2.5 years of CFC collections at this level (through June 30, 2025), as shown in Table 5. A total of $2.5 million of CFC revenues would be collected during the 2.5 years of collection of the basic CFC, with $1.75 million being used to fund the Southfield Redevelopment project, and the balance ($734,000) being available to contribute to the funding of the planning and design phases of the ConRac.

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Table 4

HISTORICAL AND PROJECTED AVIATION ACTIVITY AND

RENTAL CAR TRANSACTIONS
Santa Barbara Airport
Fiscal Year Ending June 30
Transactions Rental
Enplaned % per car %
Fiscal Year passengers change enplanement transactions change Historical
2016 313,660 0.27 84,015
2017 346,070 10.3% 0.25 85,443 1.7%
2018 369,972 6.9% 0.24 87,434 2.3%
2019 432,813 17.0% 0.22 95,178 8.9%
2020 401,007 -7.3% 0.16 64,283 -32.5%
2021 219,081 -45.4% 0.20 43,057 -33.0%
2022 618,513 182.3% 0.13 81,754 89.9%
Projected
2023 633,976 2.5% 0.14 88,757 8.6%
2024 649,825 2.5% 0.15 97,474 9.8%
2025 666,071 2.5% 0.16 106,571 9.3%
2026 682,723 2.5% 0.16 109,236 2.5%
Source: Airport records.

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Table 5

PROJECTED RENTAL CAR TRANSACTIONS

AND CFC REVENUE
Santa Barbara Airport
Fiscal Year Ending June 30
2023 2024 2025 Total
Rental car transactions* 44,378 97,474 106,571 248,423
CFC Rate $ 10.00 $ 10.00 $ 10.00 $ 10.00
CFC Collections $ 443,783 $ 974,738 $ 1,065,713 $ 2,484,234 Interest on CFC cash balance - - - -
CFC Revenues $ 443,783 $ 974,738 $ 1,065,713 $ 2,484,234 Cumulative CFC revenues $ 443,783 $ 1,418,521 $ 2,484,234 Beginning CFC fund Balance $ - $ - $ -
Plus: CFC Revenues 443,783 974,738 1,065,713 $ 2,484,234 Less: CFC Pay-as-you-go (443,783) (974,738) (331,479) (1,750,000) Ending Balance $ - $ - $ 734,234 $ 734,234
* Represents half of a fiscal year for FY 2023.

Source: Airport records.

PRELIMINARY APPROACH TO FINANCING THE CONRAC
Once conceptual design for the ConRac (in conjunction with the new public parking garage) has been completed, the Airport expects to initiate the process of implementing an “Alternative CFC” as defined in the California Code. The Alternative CFC is levied on a per transaction-day basis, and the amounts charged are limited to certain levels of CFC per transaction-day by the Code.

The Airport expects to issue general airport revenue bonds to fund the development of the ConRac project (in conjunction with the development of a new public parking garage), and to use CFC revenues collected during the construction period to pay project costs on a pay-as-you-go basis (including any remaining unused CFC revenues collected at the basic $10 rate). The projected Alternative CFC revenue stream would be leveraged to support the construction of the facility.

The CFC-backed bonds may be issued on a taxable basis and would be secured by the general revenues of the Airport (not by the CFC revenue stream alone). The Airport anticipates structuring the bond issue so that CFC revenues would be applied on a “direct debt service offset” basis, so that debt service associated with the bonds issued for this project would be paid directly with CFC revenues.

The specific details of the structure of this bonds issue, principal amount of bonds, and term to maturity will be analyzed and refined when conceptual design of the new ConRac and public parking structure has been completed, and preliminary cost estimates for developing the facility are available (as well as the split between how much of the development cost is allocable to rental car activities versus public parking).

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: December 13, 2022
TO: Mayor and Councilmembers
FROM: Administration Division, Airport Department Division SUBJECT: Records Destruction for Airport Department
RECOMMENDATION:

That Council adopt, by reading of title only, a Resolution of the Council of the City of Santa Barbara Relating to the Destruction of Records Held by the Airport Department in the Operations Division.

DISCUSSION:

The City Council adopted Resolution No. 16-005 on February 9, 2016, approving the City of Santa Barbara Records Management Policies and Procedures Manual. The Manual contains the records retention and disposition schedules for all City departments. The schedules are a comprehensive listing of records created or maintained by the City, the length of time each record should be retained, and the legal retention authority. If no legal retention authority is cited, the retention period is based on standard records management practice.

Pursuant to the Manual, the Airport Director submitted a request for records destruction to the City Clerk Services Manager to obtain written consent from the City Attorney. The City Clerk Services Manager agreed that the list of records proposed for destruction conformed to the retention and disposition schedules. The City Attorney has consented in writing to the destruction of the proposed records.

The Airport Director requests the City Council to approve the destruction of the Airport Department records in the Operations Division listed on Exhibit A of the proposed Resolution, without retaining a copy.

PREPARED BY: Maureen Graham, Executive Assistant
SUBMITTED BY: Chris Hastert, Airport Director
APPROVED BY: City Administrator's Office
Agenda Item No. 7
File Code No. 160.06
1 RESOLUTION NO.

A RESOLUTION OF THE COUNCIL OF THE CITY OF

SANTA BARBARA RELATING TO THE DESTRUCTION OF

RECORDS HELD BY THE AIRPORT DEPARTMENT IN THE

OPERATIONS DIVISION
WHEREAS, the City Council adopted Resolution No. 16-005 on February 9, 2016, approving the City of Santa Barbara Records Management Policies and Procedures Manual;
WHEREAS, the City of Santa Barbara Records Management Policies and Procedures Manual contains the records retention and disposition schedules for all City departments.

The records retention and disposition schedules are a comprehensive listing of records created or maintained by the City, the length of time each record should be retained, and the legal retention authority. If no legal retention authority is cited, the retention period is based on standard records management practice;
WHEREAS, Government Code section 34090 provides that, with the approval of the City Council and the written consent of the City Attorney, the head of a City department may destroy certain city records, documents, instruments, books or papers under the Department Head’s charge, without making a copy, if the records are no longer needed; WHEREAS, the Airport Director submitted a request for the destruction of records held by the Airport Department to the City Clerk Services Manager to obtain written consent from the City Attorney. A list of the records, documents, instruments, books or papers proposed for destruction is attached hereto as Exhibit A and shall hereafter be referred to collectively as the “Records”;
WHEREAS, the Records do not include any records affecting title to real property or liens upon real property, court records, records required to be kept by statute, records less than two years old, video or audio recordings that are evidence in any claim or pending litigation, or the minutes, ordinances or resolutions of the City Council or any City board or commission;
WHEREAS, the City Clerk Services Manager agrees that the proposed destruction conforms to the City’s retention and disposition schedules; WHEREAS, the City Attorney consents to the destruction of the Records; and WHEREAS, the City Council of the City of Santa Barbara finds and determines that the Records are no longer required and may be destroyed.
2 NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF SANTA BARBARA that the Airport Director, or his designated representative, is authorized and directed to destroy the Records without retaining a copy.

EXHIBIT A

AIRPORT DEPARTMENT
Records Series Date(s)
Identification Badge Files April 2019 – April 2022

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: December 13, 2022
TO: Mayor and Councilmembers
FROM: Treasury Division, Finance Department
SUBJECT: Statement of Investment Policy and Delegation of Investment Authority for Calendar Year 2023 [Resolution]
RECOMMENDATION:

That Council adopt, by reading of title only, a Resolution of the Council of the City of Santa Barbara Adopting the Investment Policy for the City and Rescinding Resolution No. 21- 084.

DISCUSSION:

California Government Code (State Code) Section 53600 establishes legally permitted investments for local governments statewide. While not required by the State Code, each year the City Council adopts a Statement of Investment Policy, which further defines the suitable and authorized investments specifically for the City. In some cases, the City’s policy is more restrictive than the State Code. Moreover, the policy serves as a guide for setting and achieving the City’s own investment objectives and defines guidelines for the management of the portfolio.

Except for County governments, the State Code does not contain any provisions specifying what must be included in the investment policy of a local agency. The City has developed a comprehensive investment policy that includes all critical components recommended by various professional agencies and organizations, and the policy has been awarded several certifications. Therefore, staff recommends that the policy be updated annually to incorporate any statutory and/or internal policy changes, thereby maintaining this standard of excellence.

If a local agency’s policy is submitted to the legislative body, it must be an agenda item at a public meeting and should be approved by a vote of the legislative body no later than the end of the first quarter of the year to which it applies.

Agenda Item No. 8
File Code No. 260.01
Council Agenda Report
Statement of Investment Policy and Delegation of Investment Authority for Calendar Year 2023 [Resolution]
December 13, 2022

Revisions to the annual investment policy are made each year, as needed, to incorporate policy or statutory changes affecting the City’s investment program and daily investing activities. Policy revisions are generally technical in nature, such as process changes or language clarifications. Statutory changes are changes in state law affecting allowable investments or procedures related to investing activities.

Statutory Changes
The following statutory changes, made to the code, are effective January 1, 2023:
(1) SB 1489, Local Government Omnibus Act of 2022, amends Government Code 53601 to require an investment’s term or remaining maturity to be measured from the settlement date to final maturity. In addition, this bill prohibits a security purchased in accordance with section 53601 to have a forward settlement date exceeding 45 days from the time of investment.
(2) AB 2332, State funds: investments, makes various changes to the list of securities eligible for investment by Pooled Money Investment Account (PMIA).

Staff Recommended Changes
Staff recommends one change to the policy for calendar year 2023, described below:
(1) Add the language from statutory change SB 1489, specifying that (a) the maximum maturity be measured from the settlement date to final maturity and (b) the forward settlement date not exceed 45 days from the time of investment (section VIII.B of the Investment Policy).

The policy, as submitted, contains one statutory change that was made since the policy was adopted by Council in December 2021. There is sufficiently broad language in the policy to allow for any changes that may occur during the year on an administrative basis rather than a formal revision to the policy.

As provided in the Investment Policy, Council formally delegates authority to the City Treasurer (i.e., the City Administrator) to invest and reinvest funds and to sell or exchange securities for a one-year period, as specified on page 3 of the proposed Investment Policy.

Management and oversight of the investment program is delegated to the Finance Director. The Assistant Finance Director is authorized to conduct daily investment activities under supervision of the Finance Director per the terms of the Investment Policy and the written investment procedures established by the Finance Director. All investment purchases and sales require signature approval from the Treasurer and Finance Director or their designee by the close of business on the next business day following the purchase or sale.

Council Agenda Report
Statement of Investment Policy and Delegation of Investment Authority for Calendar Year 2023 [Resolution]
December 13, 2022

ATTACHMENTS: Annual Statement of Investment Policy – Calendar Year 2023 PREPARED BY: Salvatore Parrilla, Finance Analyst
SUBMITTED BY: Keith DeMartini, Finance Director
APPROVED BY: City Administrator's Office
City of Santa Barbara
Finance Department
Statement of Investment Policy
Calendar Year 2023

ATTACHMENT
City of Santa Barbara

ANNUAL STATEMENT OF INVESTMENT POLICY
Calendar Year 2023

TABLE OF CONTENTS
I. MISSION STATEMENT ........................................................................................................................... 1 II. SCOPE
A. Pooling of Funds ............................................................................................................................ 1 B. Funds Included in this Policy ........................................................................................................ 1 C. Funds Excluded from this Policy .................................................................................................. 1 III. GENERAL OBJECTIVES
A. Safety ............................................................................................................................................... 1 B. Liquidity ............................................................................................................................................ 2 C. Yield ................................................................................................................................................. 2 IV. STANDARDS OF CARE
A. Prudence ......................................................................................................................................... 3 B. Ethics and Conflicts of Interest ..................................................................................................... 3 C. Delegation of Authority .................................................................................................................. 3 D. Internal Controls .............................................................................................................................4 V. AUTHORIZED FINANCIAL DEALERS AND INSTITUTIONS .......................................................... 5 VI. SAFEKEEPING AND CUSTODY .......................................................................................................... 5 VII. SUITABLE AND AUTHORIZED INVESTMENTS
A. Investment Types ........................................................................................................................... 6 B. Collateralization ........................................................................................................................... 10 C. Social Responsibility ................................................................................................................... 11 D. Investments Not Approved ......................................................................................................... 11 E. Exceptions to Prohibited and Restricted Investments ........................................................... 12 VIII. INVESTING PARAMETERS
A. Diversification............................................................................................................................... 12 B. Maximum Maturities .................................................................................................................... 12 IX. REPORTING
A. Monthly Reporting to City Council ............................................................................................ 13 B. Quarterly Reporting to City Council .......................................................................................... 13 C. Performance Standards ............................................................................................................. 14 X. INVESTMENT POLICY COMPLIANCE AND ADOPTION
A. Policy Compliance and Changes .............................................................................................. 14 B. Annual Statement of Investment Policy ................................................................................... 15 GLOSSARY OF INVESTMENT TERMS .......................................................................................................... 16 City of Santa Barbara

ANNUAL STATEMENT OF INVESTMENT POLICY
Calendar Year 2023
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I. MISSION STATEMENT
It is the policy of the City to invest public funds in a manner that will provide maximum security, adequate liquidity and sufficient yield, while meeting the daily cash flow demands of the City and conforming to all statutes and regulations governing the investment of public funds.

II. SCOPE
This investment policy applies to all the financial assets of City of Santa Barbara. These funds are accounted for in the City’s audited Comprehensive Annual Financial Report. If the City invests funds on behalf of another agency and, if that agency does not have its own policy, the City's investment policy shall govern the agency's investments.

A. Pooling of Funds
Except for cash in certain restricted and special funds, the City shall consolidate cash balances from all funds to maximize investment earnings. Investment income shall be allocated to various funds as identified in the investment procedures manual in accordance with generally accepted accounting principles.

B. Funds Included by this Policy
General Fund
Special Revenue Funds
Capital Project Funds
Enterprise Funds
Internal Service Funds
Trust and Agency Funds
Any new fund created by City Council unless specifically exempted C. Funds Excluded from this Policy
Bond Proceeds. Investment of bond proceeds shall be subject to the conditions and restrictions of bond documents and are not governed by this policy. Bond investment conditions and restrictions shall be reviewed by the Finance Committee and forwarded to City Council for approval.

III. GENERAL OBJECTIVES
The primary objectives, in priority order, of the City’s investment activities are safety, liquidity and yield.

A. Safety
Preservation of principal is the foremost objective of the investment program.

Investments of the City shall be undertaken in a manner that seeks to ensure the preservation of capital in the overall portfolio. The objective shall be to mitigate credit City of Santa Barbara

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risk and interest rate risk. To attain this objective, the City shall diversify its investments by investing funds among several financial institutions and a variety of securities offering independent returns.

1. Credit Risk
The City shall minimize credit risk, the risk of loss due to the failure of the security issuer or backer, by:
 Limiting investments to the safest types of securities  Pre-qualifying the financial institutions, broker/dealers, intermediaries, and advisers with which the City will do business
 Diversifying the investment portfolio so as to minimize the impact any single industry/investment class can have on the portfolio

2. Interest Rate Risk
To minimize the negative impact of material changes in the market value of securities in the portfolio, the City shall:
 Structure the investment portfolio so that securities mature concurrent with cash needs to meet anticipated demands, thereby avoiding the need to sell securities on the open market prior to maturity
 Invest operating funds primarily in shorter-term securities, money market mutual funds, and the State of California’s Local Agency Investment Fund (LAIF)
B. Liquidity
The City’s investment portfolio shall remain sufficiently liquid to enable the City to meet all operating requirements which might be reasonably anticipated without requiring a sale of securities. Since all possible cash demands cannot be anticipated, the portfolio should consist largely of securities with active secondary or resale markets. A portion of the portfolio also may be placed in money market mutual funds or LAIF which offer same-day liquidity for short-term funds.

C. Yield (Return on Investment)
The City’s investment portfolio shall be designed with the objective of attaining a benchmark rate of return throughout budgetary and economic cycles, commensurate with the City’s investment risk constraints and the liquidity characteristics of the portfolio. Return on investment is of secondary importance compared to the safety and liquidity objectives described above. The core of investments is limited to relatively low risk securities in anticipation of earning a fair return relative to the risk being assumed.

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IV. STANDARDS OF CARE
A. Prudence
The standard of prudence to be used by City investment officials shall be the “Prudent Investor Standard” in that a trustee shall act with care, skill, prudence, and diligence under the circumstances then prevailing, including, but not limited to, the general economic conditions and the anticipated needs of the City, that a prudent person acting in a like capacity and familiarity with those matters would use in the conduct of an enterprise of a like character and with like aims. This standard shall be applied in the context of managing the overall portfolio. City investment officers acting in accordance with written procedures and the investment policy and exercising due diligence shall be relieved of personal responsibility for an individual security’s credit risk or market price changes, provided deviations from expectations are reported in a timely fashion and appropriate action is taken to control adverse developments.

B. Ethics and Conflicts of Interest
Officers and employees involved in the City investment process shall refrain from personal business activity that could conflict with proper execution of the investment program, or that could impair their ability to make impartial investment decisions.

City employees and investment officials shall disclose any material financial interests in financial institutions that conduct business within their jurisdiction, and they shall further disclose any personal financial/investment positions that could be related to the performance of the City immediately to the City of Santa Barbara Treasurer and annually to the Fair Political Practices Commission. City employees and officers shall refrain from undertaking personal investment transactions with the same individual with whom business is conducted on behalf of the City.

C. Delegation of Authority
Authority to manage the City’s investment program is derived from the Charter of the City of Santa Barbara. City Council shall delegate to the Treasurer, for a 1-year period, the authority to invest or to reinvest funds, or to sell or exchange securities.

The Treasurer shall thereafter assume full responsibility for those transactions until the delegation of authority is revoked or expires.

Management responsibility for the investment program is delegated to the Finance Director who shall establish a separate written investment procedures manual. The operation of the investment program shall be consistent with this policy and the investment procedures manual. Such procedures shall include explicit delegation of authority to persons responsible for investment transactions. No person may engage in an investment transaction except as provided under the terms of this policy and the procedures established by the Finance Director. The Assistant Finance Director is authorized to conduct investment related activities, under the supervision of the Finance Director, on behalf of the City. All investment purchases and sales require signature approval from the Treasurer and Finance Director or their designee, by the close of business on the next business day following the purchase or sale.

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The following documents are by reference incorporated in the investment procedures manual:

1. Listing of authorized personnel

2. Relevant investment statutes and ordinances

3. Repurchase agreements and tri-party agreements

4. Listing of authorized broker/dealers and financial institutions

5. Credit ratings and/or reports for securities purchased and financial institutions used

6. Safekeeping agreements

7. Sample investment reports

8. Investment accounting documents

9. Methodology for calculating rate of return

10. Banking services contracts

11. Cash flow forecasting

12. Collateral/depository agreements
D. Internal Controls
The Finance Director is responsible for establishing and maintaining a system of written internal controls. These controls shall be reviewed annually with an independent external auditor who will notify the City Council if there is a material non-compliance with its policies and procedures. The internal controls shall be designed to prevent losses of public funds arising from fraud, employee error, and misrepresentation by third parties, unanticipated changes in financial markets, or imprudent action by City employees and officers. The internal structure shall be designed to provide reasonable assurance that these objectives are met. The concept of reasonable assurance recognizes that (1) the cost of a control should not exceed the benefits likely to be derived, and (2) the valuation of costs and benefits requires estimates and judgments by management.

The internal controls shall address the following points:

1. Control of collusion

2. Separation of transaction authority from accounting and record-keeping

3. Custodial safekeeping

4. Delivery versus payment (DVP)

5. Clear delegation of authority to subordinate staff members

6. Written confirmation of transactions for investments and wire transfers

7. Wire transfer agreements
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V. AUTHORIZED FINANCIAL DEALERS AND INSTITUTIONS
The Finance Director shall establish selection criteria for pre-approval of financial institutions and security broker/dealers to do business with the City of Santa Barbara. The Finance Director shall maintain a list of City approved financial institutions and security broker/dealers who are authorized to provide investment services to the City. These may include primary dealers, or regional dealers that qualify under Securities & Exchange Commission Rule 15C3-1 (uniform net capital rule). To qualify for consideration, a financial institution or a security broker/dealer must also have an office in California and that office must perform the transactions with the City.

All financial institutions and broker/dealers who desire to become qualified for investment transactions must supply the following to the Finance Director as appropriate:
 Current audited financial statements
 Proof of Financial Industry Regulatory Authority (FINRA), formerly National Association of Security Dealers (NASD), certification
 Trading resolution
 Complete broker/dealer questionnaire
 Proof of State of California registration
 For banking institutions, a statement of compliance with the Federal Reserve Bank of New York’s capital guideline
 Statement of having read, understood and agreeing to comply with the City’s investment policy and depository contracts
The Finance Director shall annually review each of the approved financial institutions and security broker/dealers selected for current State of California registrations and financial condition.

VI. SAFEKEEPING AND CUSTODY
All security transactions, including collateral for repurchase agreements, entered into by the City shall be conducted on a delivery-versus-payment (DVP) basis which will ensure that securities are deposited in an eligible financial institution prior to the release of funds. Securities shall be held by a third-party custodian designated by the Finance Director and evidenced by safekeeping receipts with a written custodial agreement. The only exception to the foregoing shall be depository accounts and securities purchases made with: LAIF, time certificates of deposit, and money market mutual funds, since the purchased securities are not deliverable.

Settlement instructions sent to the safekeeping agent shall require dual authorization. The Treasurer and the Finance Director shall be bonded to protect the public against possible embezzlement and malfeasance. Safekeeping procedures shall be reviewed annually by an independent external auditor and any irregularities noted should be reported promptly to the Treasurer and City Council.

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VII. SUITABLE AND AUTHORIZED INVESTMENTS
The City shall be governed by the California Government Code, Sections 53600 et seq. If the Code is amended to allow additional investments or is changed regarding the limits on certain categories of investments, the City is authorized to conform to the changes in the revised Code, provided that the changes are not specifically prohibited by the City's policy. The City shall be required to present those changes in the annual review of the policy and to incorporate the new legislation within the policy. Surplus funds are defined as funds not required for the immediate necessities of the City and include investments in individually managed portfolio(s), money market fund(s) and/or State LAIF, and all portfolio limitations and restrictions shall apply to this aggregate amount. For purposes of compliance with the California Government Code and the City’s Investment Policy, the credit rating requirement for medium-term notes, deposit notes, bank notes and commercial paper shall be based on the quality ratings at the time of purchase.

If the quality rating of the issuer is downgraded, subsequent to purchase, by any of the Nationally Recognized Statistical-Rating Organizations below "A", or its equivalent, it shall be reported to the Finance Committee and City Council with a recommendation, and ongoing information shall be provided if the bond is not sold. Percentage limitations of surplus funds invested are noted for the various investment instruments. Where there is a specified percentage limitation for a particular category of investments, that percentage is applicable only at the date of purchase. A later increase or decrease in a percentage resulting from a change in values or assets shall not constitute a violation of that restriction.

The City is empowered by statute to invest in the following types of securities and those that the investment managers are trained and competent to handle.

A. Investment Types

1. Bonds, notes, or other forms of indebtedness issued by the City, including bonds payable solely out of the revenues from a revenue producing property owned, controlled, or operated by the City or by a department, board, agency, or authority of the local agency.

2. United States Treasury notes, bonds, bills, or certificates of indebtedness, or those for which the full faith and credit of the United States are pledged for the payment of principal and interest.

3. Federal Agency or United States government-sponsored enterprise obligations (GSE), participations, or other instruments.

4. State of California and Local Agency Obligations. Registered state warrants or treasury notes or bonds of this state, including bonds payable solely out of the revenues from revenue-producing property owned, controlled, or operated by the state or by a department, board, agency, or authority of the state; and bonds, notes, warrants, or other evidence of indebtedness of any local agency within this state including bonds payable solely out of the revenues from revenue-producing property owned, controlled, or operated by the local agency, or by a department, board, agency, or authority of the local agency. Notes eligible for investment, other than those issued by the City or operated by a department, board, agency, or authority of the local agency, shall be rated in a category of "A" or its equivalent or better by two Nationally Recognized Statistical-Rating Organizations.

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5. Medium-Term Notes, defined as all corporate and depository institution debt securities with a maximum remaining maturity of 5 years or less, issued by corporations organized and operating within the United States or by depository institutions licensed by the United States or any state and operating within the United States. Purchases of medium-term notes may not exceed 30 percent of the City's surplus funds. Notes eligible for investment shall be rated in a rating category of "A" or its equivalent or better by two Nationally Recognized StatisticalRating Organizations. Investments in medium-term notes for any single nongovernment issuer shall be limited to no more than 5 percent of surplus funds for issuers rated “AA” or its equivalent or better by two Nationally Recognized Statistical-Rating Organizations, and to no more than 3 percent for issuers rated in a rating category of “A” or its equivalent or better by two Nationally Recognized Statistical-Rating Organizations.

6. Bankers Acceptances otherwise known as bills of exchange or time drafts, drawn on and accepted by a commercial bank, which are eligible for purchase by the Federal Reserve System. Purchased bankers acceptances may not exceed 180 days maturity or 40 percent of the City's surplus funds, and no more than 10 percent of the City's surplus funds may be invested in the bankers’ acceptances of any single commercial bank.

7. Commercial Paper of “prime” quality of the highest ranking or the highest letter and number rating as provided for by a Nationally Recognized Statistical-Rating Organization. The entity that issues the commercial paper shall meet all of the following conditions in either paragraph (a) or paragraph (b):
a. The entity is organized and operating in the United States as a general corporation and has total assets in excess of $500,000,000. In addition, its debt other than commercial paper, if any, must be rated in a rating category of “A” or higher by a Nationally Recognized Statistical-Rating Organization.
b. The entity is organized within the United States as a special purpose corporation, trust, or limited liability company and has a program wide credit enhancement including, but not limited to, over collateralization, letters of credit, or surety bond. In addition, the entity has commercial paper that is rated “A-1” or higher, or the equivalent, by a Nationally Recognized Statistical-Rating Organization.

Eligible commercial paper shall have a maximum maturity of 270 days or less.

The City may not invest more than 40 percent of its surplus funds in commercial paper, and the City may invest no more than 10% of its total investment assets in the commercial paper and the medium-term notes of any single issuer.

8. Negotiable Certificates of Deposit issued by a nationally or state-chartered bank or savings association or federal association or a state or federal credit union or by a state-licensed branch of a foreign bank. Purchases of negotiable certificates of deposit shall not exceed 15 percent of the City's surplus money invested and shall be limited to no more than 3 percent of any single issuer. Deposit notes and bank notes purchased through a broker or dealer shall be included with negotiable City of Santa Barbara

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certificates of deposit in calculating allowable maximum percentages. Purchases of negotiable certificates of deposit, deposit notes and bank notes of up to $250,000 are allowable in any institution that insures its deposits with the Federal Deposit Insurance Corporation, while purchases greater than $250,000 shall be rated in a category of "A" or its equivalent or better by two Nationally Recognized Statistical-Rating Organizations.

9. Time Deposits. The City may invest in non-negotiable Certificates of Deposit at commercial banks and savings and loan associations that are collateralized in accordance with the California Government Code. To be eligible to receive City funds, the depository institution shall have received an overall rating of not less than “satisfactory” in its most recent evaluation of its record of meeting the credit needs of California’s communities, including low and moderate-income neighborhoods. In selecting depositories, the credit worthiness of institutions shall be considered. Banks and Savings and Loan Associations seeking to establish an investment relationship with the City shall submit an audited financial report that shall be reviewed for compliance with the City's investment standards. Any institution not providing an audited annual financial report shall be removed from the approved list and all funds maturing will be withdrawn. A list of eligible institutions shall be maintained in the investment procedures manual. Qualification shall be determined by the following criteria:
a. Tangible capital must equal or exceed 1.5 percent; core capital must equal or exceed 4 percent; and, risk-based capital must equal 8 percent of assets adjusted for assigned risk-weightings.
b. Return on Assets of a minimum of 0.5 percent; a Return on Equity of a minimum of 8 percent; an Equity to Assets Ratio of a minimum of 5 percent; and, City investments shall be no greater than 0.5 percent of the total assets of the depository.
c. Independent auditor's statement must have a clean opinion.

10. Savings accounts. Savings accounts when used in conjunction with the City's checking accounts at a qualified bank where funds are collateralized in accordance with the California Government Code.

11. U.S. Government money market funds registered with the Securities and Exchange Commission and which comply with rule 2a7 of the Investment Company Act of 1940. The fund must be comprised of only U.S. Treasury bills, notes and bonds, repurchase agreements and obligations issued or guaranteed as to principal and interest by the U.S. Government or its agencies or instrumentalities. The percentage of repurchase agreements in the fund shall be reviewed and approved based on the fund's policy limits. The dollar weighted average maturity of the portfolio shall be less than 90 days and the portfolio is managed to maintain a $1.00 share price. Also, the fund shall meet either of the following criteria: (a) attained the highest ranking or the highest letter and numerical rating provided by not less than two Nationally Recognized Statistical-Rating Organizations; (b) retained an investment adviser registered or exempt from registration with the Securities and Exchange Commission with City of Santa Barbara

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not less than 5 years' experience managing money market mutual funds with assets under management in excess of $500,000,000. Purchase of securities authorized by this section shall not exceed 20 percent of the City’s surplus money invested and no more than 10 percent may be invested in any single money market fund.

12. Repurchase Agreements. Investments in repurchase agreements or reverse repurchase agreements or securities lending agreements of any securities authorized by the Code, so long as the proceeds of the repurchase agreement are invested solely to supplement the income normally received from these securities. The City shall adopt as a standard the Bond Market Association Master Repurchase Agreement and shall maintain a list of approved counterparts and limit counter parties to primary dealers rated "A" or better by two Nationally Recognized Statistical-Rating Organizations. Reverse repurchase agreements and securities lending agreements shall require City Council authorization separate from City Council approval of this policy.

Securities lending agreements shall include the following safeguard measures:
terms of lending agreements, indemnification provisions, reinvestment guidelines, liquidity provisions, credit risks and monitoring requirements.

Additionally, any securities lending agreement shall be reviewed by the City Attorney to ensure the City’s interests are properly protected. a. Investments in repurchase agreements may be made, on any authorized investment, when the term of the agreement does not exceed 1 year. b. Reverse repurchase agreements or securities lending agreements may be utilized when the security to be sold on the reverse repurchase agreement or securities lending agreement has been owned and fully paid for by the City for a minimum of 30 days prior to sale; the total of all reverse repurchase agreements on investments owned by the City does not exceed 20 percent of the base value of the portfolio; and the agreement does not exceed a term of 92 days, unless the agreement includes a written codicil guaranteeing a minimum earning or spread for the entire period between sale of a security using a reverse repurchase agreement and the final maturity date of the same security.

13. Local Agency Investment Fund (LAIF). The City may invest in LAIF up to the $75,000,000 maximum established by the California State Treasurer on January 1, 2020 in accordance with State law; therefore, there is a $75,000,000 deposit limit for the City of Santa Barbara. The City's investment in LAIF is based on, among other criteria, the following information provided by LAIF: a written statement of portfolio management goals, objectives and policies, including a description of eligible investment securities; a disclosure of LAIF's safekeeping practices; eligible LAIF participants, the monthly transaction limit, and minimum and maximum deposit and withdrawal amounts permitted; calculation of quarterly earnings and apportionment, including gains and losses; disclosure of administrative costs and the assessment process; monthly statements of the City's transaction activity and balances; monthly summaries of LAIF investment data, including market valuation and accrued City of Santa Barbara

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interest; and a description of the audit process. At least quarterly, the Finance Director shall report to the Finance Committee on the composition of the LAIF portfolio.

The California Government Code states that moneys placed for deposit in LAIF are in trust in the custody of the State Treasurer and cannot be borrowed or be withheld from the City. Further, the right of the City to withdraw its deposited money from the LAIF upon demand may not be altered, impaired, or denied in any way by any state official or agency based upon the State’s failure to adopt a budget by July 1 of each new fiscal year.
14 United States dollar denominated senior unsecured unsubordinated obligations issued or unconditionally guaranteed by the International Bank for Reconstruction and Development, International Finance Corporation, or InterAmerican Development Bank, with a maximum remaining maturity of five years or less, and eligible for purchase and sale within the United States.

Investments under this subdivision shall be rated in a rating category of “AA” or its equivalent or better by a Nationally Recognized Statistical-Rating Organization and shall not exceed 30 percent of the agency’s moneys that may be invested pursuant to this section.
15 Commercial paper, debt securities, or other obligations of a public bank, as defined in Section 57600. (This section shall remain in effect only until January 1, 2026, and as of that date is repealed).

B. Collateralization
Collateralization shall be required on two types of investments: certificates of deposit and repurchase (and reverse) agreements. A collateral agreement must be current and on file before any funds can be transferred for collateralized certificates of deposit. Collateral shall be held by an independent third party with whom the City has a current written custodial agreement. A clearly marked evidence of ownership (safekeeping receipt) must be supplied to the City and retained. The right of collateral substitution is granted.

1. Certificates of Deposit
a. Government Securities used as collateral require 102 percent of market value to the face amount of the deposit
b. Promissory Notes secured by first trust deeds used as collateral require 150 percent of market value to the face amount of the deposit c. Irrevocable Letters of Credit issued by the Federal Home Loan Bank of San Francisco require 105 percent of market value to the face amount of the deposit

2. Repurchase and Reverse Repurchase Agreements
a. Only U.S. Treasury securities or Federal Agency securities are acceptable collateral. All securities underlying repurchase City of Santa Barbara

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agreements must be delivered to the City’s custodian bank versus payment or be handled under a properly executed tri-party repurchase agreement. The total market value of all collateral for each repurchase agreement must equal or exceed 102 percent of the total dollar value of the money invested by the City for the term of the investment. For any repurchase agreement with a term of more than 1 day, the value of the underlying securities must be reviewed on an ongoing basis according to market conditions. Market value must be calculated each time there is a substitution of collateral. b. The City or its trustee shall have a perfected first security interest under the Uniform Commercial Code in all securities subject to the repurchase agreement.

C. Social Responsibility
In addition to and subordinate to the objectives set forth in Section III herein, investment of funds should be guided by the following socially responsible investment goals when investing in corporate securities and depository institutions.

Investments shall be made in compliance with the socially responsible goals to the extent that such investments achieve substantially equivalent safety, liquidity and yield compared to investments permitted by state law. Prior to making investments, the City’s Finance Director will reasonably verify an entity’s support of the socially responsible goals listed below through direct contact or through the use of a third party resource. The entity will be evaluated at the time of purchase of the security.

Investments are encouraged in entities that support community well-being through safe, environmentally sound, practices and fair labor practices. Investments are encouraged in entities that support equality of rights regardless of race, sex, religion, age, national or ethnic origin, sexual orientation, or disability. Investments are encouraged in entities that promote community economic development. Investments are discouraged in entities that manufacture, distribute or provide financing for tobacco products, weapons, military systems, nuclear power and fossil fuels.

Investments are discouraged in entities that exhibit corrupt corporate ethics and governance.

D. Investments Not Approved
Any security type or structure not specifically approved by this policy is hereby prohibited. Security types, which are thereby prohibited include, but are not limited to: investment pools (except State LAIF), shares of beneficial interest issued by diversified management companies (except U. S. Government money market funds), collateralized mortgage obligations (CMO's), mortgage pass-through securities, reverse repurchase agreements used as a leveraging vehicle, "exotic" derivatives structures such as range notes, dual index notes, inverse floating-rate notes, leveraged or de-leveraged floating-rate notes, interest-only strips that are derived from a pool of mortgages and any security that could result in zero interest accrual if held to maturity, or any other complex variable or structured note with an unusually high degree of volatility or risk.

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E. Exceptions to Prohibited and Restricted Investments

1. The City shall not be required to sell securities prohibited or restricted in this policy, or any future policies, or prohibited or restricted by new State regulations, if purchased prior to their prohibition and/or restriction. Insofar as these securities provide no notable credit risk to the City, holding of these securities until maturity is approved. At maturity or liquidation, such monies shall be reinvested only as provided by this policy.

2. The City may invest in securities issued by, or backed by, the United States government that could result in zero- or negative-interest accrual if held to maturity, in the event of, and for the duration of, a period of negative market interest rates. The City may hold these instruments until their maturity dates. (This section shall remain in effect starting January 1, 2021 and only until January 1, 2026).

VIII. INVESTING PARAMETERS
A. Diversification
The City shall diversify its investments by security type, issuer, maturity, and financial institutions. No percentage limitations are established for United States government, United States government agencies and United States government sponsored enterprises; however percentage limitations are established for other permitted investments, as noted in Section VII of this policy. The investments shall be diversified by limiting investments to avoid overconcentration in securities from a specific issuer or business sector (excluding U.S. Treasury securities), limiting investment in securities that have higher credit risks, and investing in securities with varying maturities.

The City recognizes that investment risks can result from issuer defaults, market price changes or various technical complications leading to temporary illiquidity.

Portfolio diversification is employed as a way to control risk. Investment managers are expected to display prudence in the selection of securities as a way to minimize default risk. No individual investment transaction shall be undertaken which jeopardizes the total capital position of the overall portfolio. To control market price risks, volatile investment instruments shall be avoided. To control risks of illiquidity, a minimum of 10 percent of the total portfolio shall be held in highly marketable U.S.

Treasury Bills and Notes and/or the State of California Local Agency Investment Fund and/or Money Market Funds and/or securities maturing within 90 days.

B. Maximum Maturities
To the extent possible, the City will attempt to match its investments with anticipated cash flow requirements. Where there is no specified maturity limitation on an investment, no investment shall be made in any security which, at the time of the investment, has a term remaining to maturity in excess of 5 years (measured from the settlement date to final maturity, with a forward settlement date not to exceed 45 days from the time of investment), unless the City Council has granted express authority to make that investment no less than 3 months prior to the investment.

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In addition to the 5 year limitation on investments specified in this policy, the average maturity of the City's combined portfolio shall not exceed 2.5 years without prior approval of the City Council.

IX. REPORTING
The Treasurer shall submit investment reports to the City Council that provide a clear picture of the status of the current investment portfolio and shall contain sufficient information to permit an independent organization to evaluate the performance of the investment program. Based on the discretion of Finance Committee, an independent advisor may be contracted, from time to time to perform one or more of the following functions: confirm that the portfolio is in compliance with the Government Code of the State of California and with the Statement of Investment Policy of the City of Santa Barbara; present an evaluation of the portfolio and investment strategy recommendations; and, provide any other information that may be helpful to Finance Committee in their review of the portfolio.

A. Monthly Reporting to City Council
The Treasurer shall submit to City Council, within 30 days following the end of the month, an investment report that summarizes all securities in the portfolio and a separate listing of investment transactions occurring during the month. The report shall be prepared by the Assistant Finance Director and approved by the Finance Director. The report shall include:

1. Investment type

2. Purchase date

3. Maturity date

4. Credit quality

5. Coupon and yield

6. Book value

7. Market value

8. Book gain/loss

9. Market gain/loss

10. Source of valuation

11. Average days to maturity

12. Variable rate(s) or call features
B. Quarterly Reporting to City Council
In addition to the components required in the monthly investment report, a narrative shall accompany the portfolio report addressing noteworthy items, deviations from the investment policy, comments on the fixed income markets and economic conditions, possible changes in the portfolio going forward, and thoughts on City of Santa Barbara

ANNUAL STATEMENT OF INVESTMENT POLICY
Calendar Year 2023
- 14 -
investment strategies. The quarterly report shall also include a statement of compliance with the investment policy and a statement of the ability to meet expenditures for the next 6 months (or an explanation as to why sufficient money shall, or may, not be available).

C. Performance Standards
The investment portfolio shall be managed in accordance with the parameters specified within this policy and always with consistently safe and prudent treasury management. Securities shall not be sold prior to maturity with the following exceptions:
 A security with declining credit sold early to minimize loss of principal  A security swap that would improve the quality, yield, or target duration in the portfolio
 Unforeseen liquidity needs of the portfolio require that the security be sold  A security that, subsequent to purchase, fails to meet the City’s socially responsible goals

1. Market Yield (Benchmark)
The City’s overall investment strategy is passive: investments are generally held to maturity. The quarter-to-date LAIF apportionment rate, the 3-month U.S.

Treasury Bill and the 2-year U.S. Treasury Note shall also be considered useful benchmarks of the City’s portfolio performance.

2. Marking to Market
The market value of the portfolio shall be calculated at least monthly and a statement of the market value of the portfolio shall be issued at least quarterly.

This will ensure that review of the investment portfolio, in terms of value and price volatility, has been performed. In defining market value, consideration shall been given to pronouncements from the Government Accounting Standards Board (GASB) that address the reporting of investment assets and investment income for all investment portfolios held by governmental entities. The fair value of all securities reported in the City’s portfolio is based on currently quoted market prices.

X. INVESTMENT POLICY COMPLIANCE AND ADOPTION
A. Policy Compliance and Changes
Any deviation from the policy shall be reported to Finance Committee at the next scheduled meeting and to City Council as part of the monthly review of the portfolio The Treasurer shall promptly notify Finance Committee and City Council of any material change in the policy and any modifications to the policy must be approved by Finance Committee and City Council.

City of Santa Barbara

ANNUAL STATEMENT OF INVESTMENT POLICY
Calendar Year 2023
- 15 -
B. Annual Statement of Investment Policy
The Treasurer shall render a written Statement of Investment Policy that shall be reviewed at least annually by Finance Committee and City Council to ensure its consistency with the overall objectives of preservation of principal, liquidity and return, and its relevance to current law and financial and economic trends. City Council shall consider the annual Statement of Investment Policy and any changes therein at a public meeting. The Statement of Investment Policy shall be adopted by resolution of City Council.
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City of Santa Barbara

ANNUAL STATEMENT OF INVESTMENT POLICY
Calendar Year 2023

GLOSSARY OF INVESTMENT TERMS
AGENCY: A debt security issued by a federal or federally sponsored agency. Federal agencies are backed by the full faith and credit of the U.S. Government (i.e. Government National Mortgage Association). Federally sponsored agencies (FSA's) are backed by each particular agency with a market perception that there is an implicit government guarantee (i.e. Federal National Mortgage Association).

ASK: The price at which securities are offered for sale; also known as offering price.

BENCHMARK: A comparative base for measuring the performance or risk tolerance of the investment portfolio. A benchmark should represent a close correlation to the level of risk and the average duration of the portfolio’s investments.

BID: The price offered by a buyer of securities. (When you are selling securities, you ask for a bid.) BOND PROCEEDS: The money paid to the issuer by the purchaser or underwriter of a new issue of municipal securities. These moneys are used to finance the project or purpose for which the securities were issued and to pay certain costs of issuance as may be provided in the bond contract.

BOOK VALUE: The value at which a debt security is shown on the holder's balance sheet. Book value is often acquisition cost plus/minus amortization and accretion, which may differ significantly from the security’s current value in the market.

BROKER: Someone who brings buyers and sellers together and is compensated for his/her service.

CERTIFICATE OF DEPOSIT (CD): A time deposit with a specific maturity evidenced by a certificate.

Large denomination CDs are typically negotiable.

COLLATERAL: Securities, evidence of deposit or other property which a borrower pledges to secure repayment of a loan. Also refers to securities pledged by a bank to secure deposits of public monies.

COMPREHENSIVE ANNUAL FINANCIAL REPORT (CAFR): The official annual financial report for a public agency. It includes combined statements for each individual fund and account group prepared in conformity with GAAP. It also includes supporting schedules necessary to demonstrate compliance with finance-related legal and contractual provisions, extensive introductory material, and detailed statistical section.

CREDIT QUALITY: The measurement of the financial strength of a bond issuer. This measurement helps an investor to understand an issuer's ability to make timely interest payments and repay the loan principal upon maturity. Generally, the higher the credit quality of a bond issuer, the lower the interest rate paid by the issuer because the risk of default is lower. Credit quality ratings are provided by a Nationally Recognized Statistical-Rating Organization.

CREDIT RISK: The risk to an investor that an issuer will default in the payment of interest and/or principal on a security.

CUSTODIAN: A bank or other financial institution that keeps custody of stock certificates and other assets.

CURRENT YIELD (CURRENT RETURN): A yield calculation determined by dividing the annual interest received on a security by the current market price of that security.

DEALER: A dealer, as opposed to a broker, acts as a principal in all transactions, by buying and selling for his/her own account.

DELIVERY VERSUS PAYMENT: There are 2 methods of delivery of securities: delivery versus payment and delivery versus receipt. Delivery versus payment, also referred to as “cash on delivery”, is delivery of securities with an exchange of money for the securities. Delivery versus receipt is delivery of securities with an exchange of a signed receipt for the securities. - 17 -
City of Santa Barbara

ANNUAL STATEMENT OF INVESTMENT POLICY
Calendar Year 2023

GLOSSARY OF INVESTMENT TERMS
DERIVATIVES: (1) financial instruments whose return profile is linked to, or derived from, the movement of one or more underlying index or security, and may include a leveraging factor, or (2) financial contracts based upon notional amounts whose value is derived from an underlying index or security (interest rates, foreign exchange rates, equities or commodities).

DIVERSIFICATION: Dividing investment funds among a variety of security types by sector, maturity and quality ratings offering independent returns.

DURATION: A measure of the timing of the cash flows, such as the interest payments and the principal repayment, to be received from a given fixed-income security. This calculation is based on three variables: term to maturity, coupon rate, and yield to maturity. The duration of a security is a useful indicator of its price volatility for given changes in interest rates.

FAIR VALUE: The amount at which an investment could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale.

FEDERAL CREDIT AGENCIES: Agencies of the Federal Government set up to supply credit to various classes of institutions and individuals, e.g., savings and loan associations, small-business firms, students, farmers, farm co-operatives, and exporters.

FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC): The federal agency that insures bank deposits up to $250,000 per deposit at participating banking institutions. In an effort to increase consumer confidence in the banking system, the previous $100,000 insurance limit was temporarily increased to $250,000 in 2008, extended to 2013, and then permanently increased on July 21, 2010 with the passage of the Wall Street Reform and Consumer Protection Act.

FEDERAL HOME LOAN BANKS (FHLB): Government sponsored wholesale banks (currently 12 regional banks) that lend funds and provide correspondent banks services to member commercial banks, thrift institutions, credit unions and insurance companies.

FEDERAL NATIONAL MORTGAGE ASSOCIATION (FNMA): FNMA is a federal corporation working under the auspices of the Department of Housing and Urban Development (HUD). It is the largest single provider of residential mortgage funds in the United States. Fannie Mae, as the corporation is called, is a private stockholder-owned corporation. The corporation’s purchases include a variety of adjustable mortgages and second loans, in addition to fixed-rate mortgages.

FEDERAL OPEN MARKET COMMITTEE (FOMC): Consists of 7 members of the Federal Reserve Board and 5 of the 12 Federal Reserve Bank Presidents. The President of the New York Federal Reserve Bank is a permanent member, while the other Presidents serve on a rotating basis. The Committee periodically meets to set Federal Reserve guidelines regarding purchases and sales of Government Securities in the open market as a means of influencing the volume of bank credit and money.

FEDERAL RESERVE SYSTEM: The central bank of the United States created by Congress and consisting of a 7 member Board of Governors in Washington, D.C., 12 Regional Banks and approximately 3,000 commercial banks that are members of the system.

FINANCIAL INDUSTRY REGULATORY AUTHORITY (FINRA): A private corporation that acts as a selfregulatory organization (SRO) of all stock market operations in the United States, including brokerage firms and exchange markets. Its regulatory mandate includes authority over firms that distribute mutual fund shares as well as other securities.

GOVERNMENT ACCOUNTING STANDARDS BOARD (GASB): A standard-setting body, associated with the Financial Accounting Foundation, which prescribes standard accounting practices for governmental units.

GOVERNMENT NATIONAL MORTGAGE ASSOCIATION (GNMA or Ginnie Mae): Securities influencing the volume of bank credit guaranteed by GNMA and issued by mortgage bankers, commercial - 18 -
City of Santa Barbara

ANNUAL STATEMENT OF INVESTMENT POLICY
Calendar Year 2023

GLOSSARY OF INVESTMENT TERMS
banks, savings and loan associations, and other institutions. Security holder is protected by full faith and credit of the U.S. Government. Ginnie Mae securities are backed by the FHA, VA, or FMHA mortgages.

The term “pass-throughs” is often used to describe Ginnie Maes.

GOVERNMENT SECURITIES: An obligation of the U.S. government, backed by the full faith and credit of the government. These securities are regarded as the highest quality of investment securities available in the U.S. securities market. See "Treasury Bills, Notes, and Bonds." INTEREST RATE RISK: The risk associated with declines or rises in interest rates which cause an investment in a fixed-income security to increase or decrease in value.

INTERNAL CONTROLS: An internal control structure designed to ensure that the assets of the entity are protected from loss, theft, or misuse. The internal control structure is designed to provide reasonable assurance that these objectives are met. The concept of reasonable assurance recognizes that 1) the cost of a control should not exceed the benefits likely to be derived and 2) the valuation of costs and benefits requires estimates and judgments by management. Internal controls should address the following points:
 Control of collusion - Collusion is a situation where 2 or more employees are working in conjunction to defraud their employer.
 Separation of transaction authority from accounting and record keeping - By separating the person who authorizes or performs the transaction from the people who record or otherwise account for the transaction, a separation of duties is achieved.  Custodial safekeeping - Securities purchased from any bank or dealer including appropriate collateral (as defined by state law) shall be placed with an independent third party for custodial safekeeping.
 Avoidance of physical delivery securities - Book-entry securities are much easier to transfer and account for since actual delivery of a document never takes place. Delivered securities must be properly safeguarded against loss or destruction. The potential for fraud and loss increases with physically delivered securities.
 Clear delegation of authority to subordinate staff members - Subordinate staff members must have a clear understanding of their authority and responsibilities to avoid improper actions.

Clear delegation of authority also preserves the internal control structure that is contingent on the various staff positions and their respective responsibilities.  Written confirmation of transactions for investments and wire transfers - Due to the potential for error and improprieties arising from telephone and electronic transactions, all transactions should be supported by written communications and approved by the appropriate person. Written communications may be via fax if on letterhead and if the safekeeping institution has a list of authorized signatures.
 Development of a wire transfer agreement with the lead bank and third-party custodian - The designated official should ensure that an agreement will be entered into and will address the following points: controls, security provisions, and responsibilities of each party making and receiving wire transfers.

LIQUIDITY: A liquid asset is one that can be converted easily and rapidly into cash without a substantial loss of value. In the money market, a security is said to be liquid if the spread between bid and asked prices is narrow and reasonable size can be done at those quotes.

LOCAL AGENCY INVESTMENT FUND (LAIF): Chapter 730, Statutes of 1976 of the State of California, established the Local Agency Investment Fund. This fund enables local governmental agencies to remit money not required for immediate needs to the State Treasurer for the purpose of investment. In order - 19 -
City of Santa Barbara

ANNUAL STATEMENT OF INVESTMENT POLICY
Calendar Year 2023

GLOSSARY OF INVESTMENT TERMS
to derive the maximum rate of return possible, the State Treasurer has elected to invest these monies with State monies as a part of the Pooled Money Investment Account. Each local governmental unit has the exclusive determination of the length of time its money will be on deposit with the State Treasurer.

At the end of each calendar quarter, all earnings derived from investments are distributed by the State Controller to the participating government agencies in proportion to each agency's respective amounts deposited in the Fund and the length of time such amounts remained therein. Prior to the distribution, the State's costs of administering the program are deducted from the earnings.

MARK-TO-MARKET: The process whereby the book value or collateral value of a security is adjusted to reflect its current market value.

MARKET RISK: The risk that the value of a security will increase or decrease as a result of changes in market conditions.

MARKET VALUE: The current price at which a security is trading and could presumably be purchased or sold at that particular point in time.

MASTER REPURCHASE AGREEMENT: A written contract covering all future transactions between the parties to repurchase-reverse repurchase agreements that establish each party’s rights in the transactions. A master agreement will often specify, among other things, the right of the buyer-lender to liquidate the underlying securities in the event of default by the seller-borrower.

MATURITY: The date upon which the principal or stated value of a financial obligation is due and payable.

MONEY MARKET MUTUAL FUND: Mutual funds that invest solely in money market instruments (shortterm debt instruments, such as Treasury bills, commercial paper, bankers' acceptances, repos and federal funds).

MUTUAL FUND: An investment company that pools money and can invest in a variety of securities, including fixed-income securities and money market instruments. Mutual funds are regulated by the Investment Company Act of 1940 and must abide by Securities and Exchange Commission (SEC) disclosure guidelines.

NATIONALLY RECOGNIZED STATISTICAL-RATING ORGANIZATION (NRSRO): Standard and Poor’s, Moody’s, and Fitch Financial Services are examples of such organizations.

OFFER: An indicated price at which market participants are willing to sell a security or commodity. Also referred to as the "Ask” or “Ask Price”.

PAR VALUE: The amount of principal that must be paid at maturity. Also referred to as the face amount of a bond, normally quoted in $1,000 increments per bond.

PORTFOLIO: Combined holding of more than one stock, bond, commodity, real estate investment, cash equivalent, or other asset. The purpose of a portfolio is to reduce risk by diversification.

PRINCIPAL: The face value or par value of a debt instrument, or the amount of capital invested in a given security.

PRIMARY DEALER: A group of government securities dealers who submit daily reports of market activity and monthly financial statements to the Federal Reserve Bank of New York and are subject to its informal oversight. Primary dealers include Securities and Exchange Commission (SEC) registered securities broker/dealers, banks and a few unregulated firms.

PRINCIPAL: (1) The face amount or par value of a debt instrument. (2) One who acts as a dealer buying and selling for his own account.
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City of Santa Barbara

ANNUAL STATEMENT OF INVESTMENT POLICY
Calendar Year 2023

GLOSSARY OF INVESTMENT TERMS
PUBLIC BANK: A corporation, organized as either a nonprofit mutual benefit corporation or a nonprofit public benefit corporation for the purpose of engaging in the commercial banking business or industrial banking business that is wholly owned by a local agency, as specified, local agencies, or a joint powers authority.

RATE OF RETURN: The yield obtainable on a security based on its purchase price or its current market price. This may be the amortized yield to maturity on a bond or the current income return.

REINVESTMENT RISK: The risk that a fixed-income investor will be unable to reinvest income proceeds from a security holding at the same rate of return currently generated by that holding.

REPURCHASE AGREEMENT (RP OR REPO): A holder of securities sells these securities to an investor with an agreement to repurchase them at a fixed price on a fixed date. The security "buyer" in effect lends the "seller" money for the period of the agreement, and the terms of the agreement are structured to compensate the buyer for this. Dealers use RP extensively to finance their positions. Exception: When the Fed is said to be doing RP, it is lending money that is increasing bank reserves.

REVERSE REPURCHASE AGREEMENT: An agreement of one party (for example, a financial institution) to purchase securities at a specified price from a second party (such as a public agency) and a simultaneous agreement by the first party to resell the securities at a specified price to the second party on demand or at a specific date.

RISK: Degree of uncertainty of return on an asset.

RULE 2A-7 OF THE INVESTMENT COMPANY ACT: Applies to all money market mutual funds and mandates such funds to maintain certain standards, including a 13-month maturity limit and a 90-day average maturity on investments, to help maintain a constant net asset value of $1.00.

SAFEKEEPING SERVICE: A service to customers rendered by banks for a fee whereby securities and valuables of all types and descriptions are held in the bank's vault for protection and security.

SECONDARY MARKET: A market is made for the purchase and sale of outstanding issues following the initial distribution.

SECURITIES LENDING: An agreement under which a local agency agrees to transfer securities to a borrower who, in turn, agrees to provide collateral to the local agency. During the term of the agreement, both the securities and the collateral are held by a third party. At the conclusion of the agreement, the securities are transferred back to the local agency in return for the collateral.

STRUCTURED NOTES: Notes issued by Government Sponsored Enterprises, (FHLB, FNMA, FHLMC, etc.), and Corporations that have imbedded options, (e.g., call features, step-up coupons, floating rate coupons, derivative-based returns), into their debt structure. Their market performance is impacted by the fluctuation of interest rates, the volatility of the imbedded options and shifts in the shape of the yield curve.

SUPRANATIONAL INSTITUTIONS: International institutions formed by two or more governments that transcend boundaries to pursue mutually beneficial economic or social goals. There are three supranational institutions that issue obligations that are eligible investments for California local agencies:
the International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC), and Inter-American Development Bank (IADB).

SWAP: Trading one asset for another.

TOTAL RETURN: The sum of all investment income plus changes in the capital value of the portfolio.

TREASURY BILLS: Short-term U.S. government non-interest bearing discounted debt securities with maturities of no longer than 1 year and issued in minimum denominations of $10,000. Auctions of 3- and 6-month bills are weekly, while auctions of 1-year bills are monthly. The yields on these bills are monitored - 21 -
City of Santa Barbara

ANNUAL STATEMENT OF INVESTMENT POLICY
Calendar Year 2023

GLOSSARY OF INVESTMENT TERMS
closely in the money markets for signs of interest rate trends.

TREASURY BOND: A long-term coupon-bearing U.S. Treasury security issued as a direct obligation of the U.S. Government and having an initial maturity of more than 10 years and issued in minimum denominations of $1,000.

TREASURY NOTE: A medium-term coupon-bearing U.S. Treasury security issued as a direct obligation of the U.S. Government and having an initial maturity of from 1 to 10 years and issued in denominations ranging from $1,000 to $1 million or more.

UNIFORM NET CAPITAL RULE: Securities and Exchange Commission (SEC) Rule 15C3-1 outlining requirements that member firms as well as nonmember broker-dealers in securities maintain a maximum ratio of indebtedness to liquid capital of 15 to 1; also called net capital rule and net capital ratio.

Indebtedness covers all money owed to a firm, including margin and commitments to purchase securities, one reason new public issues are spread among members of underwriting syndicates. Liquid capital includes cash and assets easily converted into cash.

VOLATILITY: A degree of fluctuation in the price and valuation of securities.

YIELD: The current rate of return on an investment security generally expressed as a percentage of the security’s current price. (a) INCOME YIELD is obtained by dividing the current dollar income by the current market price for the security. (b) NET YIELD or YIELD TO MATURITY is the current income yield minus any premium above par or plus any discount from par in purchase price, with the adjustment spread over the period from the date of purchase to the date of maturity of the bond.

RESOLUTION NO. _________
A RESOLUTION OF THE COUNCIL OF THE ClTY OF

SANTA BARBARA ADOPTING THE INVESTMENT
POLICY FOR THE ClTY AND RESCINDING
RESOLUTION NO. 21-084
WHEREAS, the City Council adopted Resolution Nos. 85-065 and 85-121, establishing a policy regarding the investment of City funds;
WHEREAS, the Council last reaffirmed the policy by adopting Resolution No. 21-084; and WHEREAS, the City of Santa Barbara has consistently maintained a policy of due diligence and the minimizing of risk in the investment of City funds.

NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE ClTY OF SANTA BARBARA AS FOLLOWS:

SECTION 1. The attached Exhibit, City of Santa Barbara Statement of Investment Policy, is hereby adopted and made a part of this resolution.

SECTION 2. Resolution No. 21-084 is hereby rescinded.

Adopted: December 13, 2022

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: December 13, 2022
TO: Mayor and Councilmembers
FROM: Administration Division, Parks and Recreation Department SUBJECT: Acceptance of Parma Park Trust Funds for the Sustainable Trails Project [Resolution]
RECOMMENDATION:

That Council adopt, by reading of title only, a Resolution of the Council of the City of Santa Barbara Amending Resolution No. 22-059, Adopting the Budget for Fiscal Year 2023, to increase revenue and expenditure appropriations by $94,541 in the Parks and Recreation Department Fiscal Year 2023 Miscellaneous Grants Fund for Phase 1 through 3 of the Sustainable Trails Project.

DISCUSSION:

Parma Park is a 210-acre open space Park that includes approximately six miles of dirt trails and emergency access roads within City boundaries. A Sustainable Trails Project (Project) has been developed to improve the Park’s trail system. This Project will provide safer conditions for Park users and reduce erosion and sedimentation in surrounding creeks and riparian habitat by improving trail conditions within Parma Park. New trail segments proposed as part of the Project will have an average grade of less than 10 percent.

The Project will be completed in three phases. Phase I includes the construction of all new/realigned trail segments, blocking of decommissioned segments, and maintenance on all existing trails to remain in the western portion of the Park. Bidding on Phase 1 will close on December 16, 2022, and construction is planned to commence at the end of January. Phase II includes the construction of all new/realigned trail segments, blocking of decommissioned segments, and maintenance on all existing trails to remain in the eastern portion of the park. Phase 2 is expected to commence in October 2023. Phase 3 includes the formal decommissioning and restoration of abandoned trails, and up to 4.95 acres of additional habitat restoration. Seed has already been collected in preparation for Phase 3, which is expected to commence on site concurrently with Phase 2 in October 2023.

Agenda Item No. 9
File Code No. 570.05
Council Agenda Report
Acceptance of Parma Park Trust Funds for the Sustainable Trails Project [Resolution] December 13, 2022

The Parma Park Trust (Trust), established in 2000, provides funds to support the preservation and maintenance of Parma Park. Each year the Parks and Recreation Department (Department) submits an annual report and work plan for the following fiscal year to the co-Trustees of the Trust. Activities that are funded by the Trust included trail maintenance, defensible space and vegetative fuels management, habitat enhancement/ restoration, and the Sustainable Trails Project discussed herein.

BUDGET/FINANCIAL INFORMATION:

Each calendar year, the co-Trustees disburse funds from the Trust to support Park maintenance and special projects. In November 2022, the Department received $94,541 from the Trust, to be deposited into the Parma Park Sustainable Trail Plan project specific account. With the appropriation of the 2022 Trust disbursement, the Parma Park Sustainable Trails Plan account balance will be $198,177.41, which fully funds implementation of the Project.

SUSTAINABILITY IMPACT:

The Sustainable Trails Project will provide safer conditions for Park users, reduce erosion and sedimentation created by poorly designed/maintained trails, and contribute to active habitat restoration efforts on site. The Sustainable Trails Project will directly support the long-term management goals of Parma Park.

PREPARED BY: Monique O’Conner, Associate Park Planner
SUBMITTED BY: Jill Zachary, Parks and Recreation Director APPROVED BY: City Administrator's Office
RESOLUTION NO.

A RESOLUTION OF THE COUNCIL OF THE CITY OF
SANTA BARBARA AMENDING RESOLUTION NO. 22-059,
ADOPTING THE BUDGET FOR FISCAL YEAR 2023, TO

INCREASE REVENUE AND EXPENDITURE
APPROPRIATIONS BY $94,541 IN THE PARKS AND
RECREATION DEPARTMENT FISCAL YEAR 2023
MISCELLANEOUS GRANTS FUND FOR PHASE 1
THROUGH 3 OF THE SUSTAINABLE TRAILS PROJECT.

WHEREAS, in accordance with the City Charter, the City Administrator filed with the Council a proposed budget for the fiscal year beginning July 1, 2022; WHEREAS, the City Council is required to adopt a budget before the beginning of the fiscal year on July 1, 2022;
WHEREAS, the City Charter provides that at any public meeting after the adoption of the budget, the City Council may amend or supplement the budget by motion adopted by the affirmative votes of at least a majority of the total members of the City Council; and WHEREAS, as authorized by Resolution No. 22-059, this Resolution approves the amendment to the budget as provided herein.

NOW, THEREFORE, be it resolved by the Council of the City of Santa Barbara that in accordance with the provisions of Section 1205 of the City Charter, the budget for the fiscal year 2023, as adopted by Resolution No. 22-059, is hereby amended as follows:

1. The Council approves of the increase in revenue and expenditure appropriation of $94,541 in the Fiscal Year 2023 Parks and Recreation Miscellaneous Grants Fund budget.

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: December 13, 2022
TO: Mayor and Councilmembers
FROM: Administration Division, Airport Department
SUBJECT: Santa Barbara Airport Master Drainage Plan Update [Resolution; Agreement]
RECOMMENDATION: That Council:

A. Authorize the Airport to execute a City Professional Services Agreement with Mead and Hunt Inc. in the amount of $312,361, for planning services to update the 2001 Santa Barbara Airport Master Drainage Plan and authorize the Airport Director to amend the Agreement and approve expenditures of up to $31,236 for extra services that may result from necessary changes in the scope of work for a total of $343,597; and
B. Adopt, by reading of title only, a Resolution of the Council of the City of Santa Barbara Amending Resolution No. 22-059, Adopting the Budget for Fiscal Year 2023, to appropriate funds for professional services contract for Santa Barbara Airport Master Drainage Plan.

DISCUSSION:

After a competitive selection process, the Santa Barbara Airport (SBA) entered into negations with Mead and Hunt on the scope of work for the Airport Master Plan update (MPU) in February 2022. A separate task in the MPU Request for Qualifications was an update to the 2001 Santa Barbara Airport Master Drainage Plan (Original Drainage Plan).

The complexity and the need to sequence the Drainage Plan Update with pending SeaLevel Rise analysis and modeling made its timeline exceed the Master Plan timeline. Thus, staff decided to pursue a separate contract for the Drainage Plan Update with Mead and Hunt, in order to effectively move forward with the Master Plan Update Background
The vast majority of Airport property is within the 100‐year floodplain. The area is very flat, and flooding has occurred several times in the past resulting in the closure of the Airport in 1995, 1998, and 2018. The Goleta Slough and areas along San Pedro, Carneros, Las Vegas, and Tecolotito Creeks are within the Regulatory Floodway, where there are severe restrictions on development. Conveyance of floodwater is challenging Agenda Item No. 10
File Code No. 560.04
Council Agenda Report
Santa Barbara Airport Master Drainage Plan Update [Resolution; Agreement] December 13, 2022

because the airfield is several hundred acres, at the bottom of the watershed, and is also dominated by impervious surfaces.

The existing storm drainage system is comprised of surface swales, drainage inlets, concrete pipes, catch basins, manholes, headwalls, drainpipes, pipe outlets, and outfall structures. Storm drains discharge directly to Tecolotito, Carneros, and San Pedro creeks, and to the tidal channels in Goleta Slough. Ponding occurs in various locations throughout the airport, which is controlled by the tide and the creeks’ water levels at the storm drainage outlets. The existing system drains ponded water from the site after the creeks’ water levels have receded. Mapping and cataloging the conditions of these systems has not comprehensively occurred since 2001.

Project Description
The scope for the Drainage Plan Update will create a comprehensive plan to guide stormwater management associated with future development and buildout of the airport properties, within the Project Area boundary (Attachment A), to address surface stormwater drainage including collection, conveyance, quantity, and quality design objectives and environmental protections in support of regional stormwater management goals and strategies. The Drainage Plan Update shall address existing and future development features as identified in the current 5- year Capital Improvement Program and as prepared under the concurrent Master Plan Update for the 5-year to 20-year planning horizon currently under development.

The work of the Drainage Plan Update includes drainage system inventory, hydrologic and hydraulic analysis, conceptual designs to guide the future construction (storm drainage systems, drainage structures, drainage channel grading, erosion control measures, flood control and detention basins), and project cost estimates for future drainage improvements aligned with the Master Plan Capital Plan. The schedule for the Drainage Plan Update is approximately 18 months after the notice is given to proceed.

Lastly, SBA has multiple planning and design projects that will be occurring at the same time as the Drainage Plan Update. For purposes of consistency and efficiency, Mead and Hunt will coordinate with other consultants employed by SBA on other projects that will affect the development of the Drainage Plan Update. These are expected to include the following projects and project teams:
 Master Plan Update – Led by Mead & Hunt. This project will finish at the end of 2023
 Terminal Expansion and Parking Structure Design – Led by Corgan. This project will be ongoing during the Drainage Plan Update.  General Aviation Redevelopment – Led by Jacobs. This project will finish in the summer of 2023.
 Sea Level Rise Adaptation Plan – Led by ESA. This project will be ongoing during the entire Drainage Plan.

Council Agenda Report
Santa Barbara Airport Master Drainage Plan Update [Resolution; Agreement] December 13, 2022

BUDGET/FINANCIAL INFORMATION:

Staff requests that Council approve appropriations in the Airport Operating Fund in the amount of $343,597, funded from available reserve funds in the Airport Operating Fund, authorize a transfer of such funds to the Airport Capital Fund, and approve an increase in revenue and expenditure appropriations in the Airport Capital Fund in the amount of $343,597. Staff plans to submit a FAA Grant Reimbursement request for this project.

SUSTAINABILITY IMPACT:

The Drainage Plan will correlate with updated forthcoming sea-level rise data and will assist in addressing known and foreseeable environmental challenges that may complicate projects, which will facilitate sustainable project implementation.

ENVIRONMENTAL REVIEW:

Any new projects identified in the Drainage Plan including construction impacts, such as grading and noise, drainage, and operational impacts of individual projects must be addressed at a project‐specific level at the time that an individual project is proposed.

Any projects that are selected for development as part of the Drainage Plan Update will be subject to the National Environmental Policy Act, the California Environmental Quality Act, and the California Coastal Act.

ATTACHMENT: Project Area Boundary
PREPARED BY: Jessica Metzger, AICP, Project Planner
Sara Iza, AICP, Principal Project Manager
SUBMITTED BY: Chris Hastert, CM, Airport Director
APPROVED BY: City Administrator’s Office
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RESOLUTION NO.

A RESOLUTION OF THE COUNCIL OF THE CITY OF
SANTA BARBARA AMENDING RESOLUTION NO. 22-059,
ADOPTING THE BUDGET FOR FISCAL YEAR 2023, TO

APPROPRIATE FUNDS FOR PROFESSIONAL SERVICES

CONTRACT FOR SANTA BARBARA AIRPORT MASTER

DRAINAGE PLAN
WHEREAS, in accordance with the City Charter, the City Administrator filed with the Council a proposed budget for the fiscal year beginning July 1, 2022; WHEREAS, the City Council is required to adopt a budget before the beginning of the fiscal year on July 1, 2022;
WHEREAS, the City Charter provides that at any public meeting after the adoption of the budget, the City Council may amend or supplement the budget by motion adopted by the affirmative votes of at least a majority of the total members of the City Council; and WHEREAS, as authorized by Resolution No. 22-059, this Resolution approves the amendment to the budget as provided herein.

NOW, THEREFORE, be it resolved by the Council of the City of Santa Barbara that in accordance with the provisions of Section 1205 of the City Charter, the budget for the fiscal year 2023, as adopted by Resolution No. 22-059, is hereby amended as follows:

1. The Council approves of appropriating available reserve funds in the Airport Operating Fund in Fiscal Year 2023 in the amount of $343,597, funded from available reserve funds in the Airport Operating Fund, authorize a transfer of such funds to the Airport Capital Fund, and approve an increase in revenue and expenditure appropriations in the Airport Capital Fund in the amount of $343,597 for professional services contract for the Santa Barbara Airport Master Drainage Plan.

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: December 13, 2022
TO: Mayor and Councilmembers
FROM: Treasury Division, Finance Department
SUBJECT: Utility Users Tax Management and Audit Services [Agreement] RECOMMENDATION:

That Council authorize the Finance Director to execute an agreement with MuniServices, LLC, to provide Utility Users Tax management and audit services for a term of three years, with two optional one-year extensions.

DISCUSSION:

For several years, the City of Santa Barbara (“City”) has contracted with MuniServices, LLC (“MuniServices”), an Avenu Insights & Analytics company, for a broad range of revenue management services related to sales tax, business license taxes, utility users tax (“UUT”), and franchise fees. Work related to the UUT has included auditing services, discovery and compliance services, legal guidance, legislative advocacy, and revenue forecasting.

Examples of the varied work performed by MuniServices related to the UUT include assistance in drafting and implementing Measure G (which broadened and reduced the rate for UUTs related to telecommunications services), assistance in helping the City implement AB 1717 (which allows for UUT to be collected on prepaid wireless telephony services), periodic industry reports that highlight trends in the utility industries, revenue forecasting, and various tax discovery services.

The Finance Department has found that utilizing MuniServices has helped the City to be informed of proposed state and federal legislation, stay up to date on various trends in the UUT industry, ensure that all local businesses comply with the UUT, and maintain thorough and accurate revenue analyses and forecasts.

MuniServices is currently under contract for the services described above through December 15, 2022. Staff recommends that Council authorize the Finance Director to Agenda Item No. 11
File Code No. 210.01
Council Agenda Report
Utility Users Tax Management and Audit Services [Agreement] December 13, 2022

execute a new agreement with MuniServices for a term of three years, with two optional one-year extensions.

BUDGETARY INFORMATION:

The fees associated with the proposed agreement with MuniServices are comprised of a fixed annual fee of $18,000 for base UUT management and audit services; and a contingency fee of 25% of the misallocated revenues identified during the compliance review and audit activities for certain prior periods. This type of fee structure is identical to the existing agreement between the City and MuniServices. Any additional services beyond the basic scope of the agreement, such as specialized reports and computer programming, may not exceed $3,000 per year and must be approved in advance and in writing by the Finance Director.

No additional budget appropriations are being requested, as staff anticipates the Department will have sufficient available expenditure appropriations to cover the base cost of $13,500 for the remainder of the current fiscal year. Staff anticipates including the base annual cost in the Department’s fiscal year 2024 budget with no cost increases expected at that time. All contingency fees will be offset by the additional revenues identified and collected as a result of the audits. Any costs for extra services, up to the maximum annual amount of $3,000, will be covered by existing available appropriations on an annual basis.

A copy of the Agreement for Utility Users Tax Management and Audit Services may be requested from the Finance Department for public review. Please contact [email protected] to request a copy.

PREPARED BY: Salvatore Parrilla, Finance Analyst
SUBMITTED BY: Keith DeMartini, Finance Director
APPROVED BY: City Administrator's Office

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: December 13, 2022
TO: Mayor and Councilmembers
FROM: Engineering Division, Public Works Department
SUBJECT: Approval of Final Subdivision Actions for Residential and Commercial Condos at 412, 414A, and 414B Anacapa Street [Agreements] RECOMMENDATION:

That Council approve and authorize the City Administrator to execute and record Parcel Map Numbers 20,837; 20,838; and 20,839 and standard agreements relating to the approval of one residential unit and one commercial unit on each lot at the subject addresses.

DISCUSSION:

Tentative Maps for the subdivisions located at 412, 414A, and 414B Anacapa Street (Attachment 1) were conditionally approved on June 2, 2021, by the adoption of the Staff Hearing Officer’s Conditions of Approval, Resolution Numbers 028 to 030-21. The project involves three lots with approval to create one commercial unit and one residential unit on each lot. The project is already built and is a condominium conversion. City of Santa Barbara (City) staff have reviewed the Parcel Maps and found them to be in substantial compliance with the previously approved Tentative Map, the Conditions of Approval, the State Subdivision Map Act, and the City’s Subdivision Ordinance. The City’s contract Land Surveyor has reviewed the Parcel Map for technical correctness.

In accordance with the Staff Hearing Officer’s approval, the owner, Robert (aka Robin) Donaldson, has signed and submitted the Parcel Maps and the required agreements to the City. Council approval is required if Council agrees with staff determination that the Parcel Maps conform to all requirements of the Subdivision Map Act and the Municipal Code applicable at the time of the approval of the Tentative Map.

Staff recommends that Council authorize the City Administrator to execute the required three agreements (each titled Agreement Relating to Subdivision Map Conditions Imposed on Real Property): one agreement each for 412, 414A, and 414B Anacapa Street.

These agreements include the Conditions of Approval for the subdivisions.

Agenda Item No. 12
File Code No. 640.08
Council Agenda Report
Approval of Final Subdivision Actions for Residential and Commercial Condos at 412, 414A, and 414B Anacapa Street [Agreements]
December 13, 2022

BUDGET/FINANCIAL INFORMATION:

The proposed action has no financial impact on the City.

The public may request copies of the Parcel Maps and Agreements for review from the Public Works Department at [email protected].

ATTACHMENT: Vicinity Map
PREPARED BY: Adam Hendel, P.E., Principal Engineer/rl
SUBMITTED BY: Clifford M. Maurer, P.E., Public Works Director APPROVED BY: City Administrator’s Office
This service has been provided to allow a visual display of City information. Every effort has been made to ensure the accuracy of the map and data. The City of Santa Barbara assumes no responsibility arising from the use of thisinformation. THE MAPS AND ASSOCIATED DATA ARE PROVIDED WITHOUT A WARRANTY OF ANY KIND. Thismap was created using the City of Santa Barbara Mapping Analysis and Printing System application. 500
© City of Santa Barbara83.333
Legend
1:

WGS_1984_Web_Mercator_Auxiliary_Sphere
0 41.667 83.333 Feet MAP DISCLAIMER Notes
Vicinity Map
Reported on 11/18/2022 12:12 PM
City LimitsAssessor's Parcels - CityStreet Centerlines2020 Aerial Imagery Red: Band_1Green: Band_2Blue: Band_3
World Street Map
$77$&+0(17

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: December 13, 2022
TO: Mayor and Councilmembers
FROM: Wendy Levy, Human Resources Director
SUBJECT: City Attorney Employment Agreement [Agreement] RECOMMENDATION:

That Council approve and authorize the Mayor to execute, an employment agreement with Sarah Knecht to serve as the permanent City Attorney effective December 17, 2022.

DISCUSSION:

City Council has appointed Sarah Knecht to serve as the new City Attorney. Ms. Knecht, the Assistant City Attorney IV, had been serving as the Acting City Attorney since July 2022.

Ms. Knecht will be appointed at a salary of $281,736 per year plus benefits.

The proposed employment agreement will be available at the following website at the conclusion of this Council meeting:
https://santabarbaraca.gov/government/departments/humanresources/compensation BUDGET/FINANCIAL INFORMATION:

In addition to salary outlined in the employment agreement, Ms. Knecht will receive the fringe benefit package that was budgeted for Fiscal Year 2023, in accordance with Group I of the Management Performance and Compensation Plan. No additional expenditure appropriations are required in the Fiscal Year 2023 City Attorney budget at this time.

PREPARED BY: Wendy Levy, Human Resources Director
APPROVED BY: Randy Rowse, Mayor
Agenda Item No. 13
File Code No. 450.01

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: December 13, 2022
TO: Mayor and Councilmembers
FROM: Human Resources
SUBJECT: Approval of Benefit Plans Effective January 1, 2023 RECOMMENDATION: That Council:

A. Approve the renewal rates for the CalPERS Health Plans; Delta Dental Plans; Vision Service Plans; Employee Assistance Program (EAP); Health and Dependent Care Flexible Spending Accounts (FSA) benefits, and the Hartford Term Life and Disability Insurance Plans; and
B. Authorize the City Administrator to execute any necessary contracts or any amendments to agreements or contracts.

DISCUSSION:

Each year the City obtains renewal rates for the benefit plans covering its eligible active and retired employees. These benefit plans include Medical, Dental, Vision, Employee Assistance Program (EAP), Health Flexible Spending Accounts (FSA), Dependent Care Flexible Spending Accounts (DCA-FSA), Term Life Insurance, and Disability Insurance programs. Staff coordinated the renewal process with the CalPERS Health Program and with the City’s benefits broker, USI Insurance Services. The Employee Benefits Committee, (comprised of members from the various employee groups), have been apprised of the renewal information and the renewal rates. Staff recommends that the City renew its agreements with all current medical, dental, vision, EAP, life and disability plan providers.

Medical Plans
The City joined CalPERS Health Program effective January 1, 2020, replacing direct contracts with Aetna and Kaiser. The CalPERS Health Program allows the City to offer employees and retirees a variety of medical plans to best fit their needs.

Agenda Item No. 14
File Code No. 430.06
Council Agenda Report
Approval of Benefit Plans Effective January 1, 2023
December 13, 2022

The CalPERS Health Program offers several medical plans in Santa Barbara County including the Anthem HMO, Blue Shield HMO, PERS Gold PPO, PERS Platinum PPO and PORAC PPO for members of the Peace Officers Research Association of California.

Further, employees who reside in the Ventura County or Los Angeles County have access to additional plans such as the Anthem Select HMO, Kaiser Permanente HMO, UnitedHealthCare HMO, HealthNet Salud HMO and HealthNet Smart HMO.

Under the CalPERS Health Benefits Program, retirees under the age of 65 have the same health plan choices as active employees and at the same rates. Medicare-eligible retirees have several Medicare Supplement plan options.

Health premiums for Region 2, which includes Santa Barbara and Ventura County, overall will increase an average of approximately 0.81% for the HMO plans and about 16.72% for the PPO plans.

Dental Plans
For the 2023 plan year, a buy-up dental preferred option (DPO) plan will be added to the current dental plan offerings. With this addition, there will a total of three dental plans available, and they include the the DeltaCare HMO plan, the Delta Dental DPO plan, and the new Delta Dental Buy-Up DPO plan. The Delta Dental PPO plans are similar to a medical PPO model plan in that they have a larger provider network, and it indemnifies the enrollee to select a provider of their choosing without the requirement of a predesignation of a provider. The DeltaCare HMO plan is similar to a medical HMO model plan with a small provider network, and the enrollee is required to select a primary care provider within Delta’s network. Premiums for the current Delta Dental DPO plan will remain the same, while there will be a 5% decrease to DeltaCare HMO dental plan premiums for the 2023 Plan Year. Rates for the Delta Dental Buy-Up DPO will be slightly higher than the current Delta Dental DPO in plan as it provides a more rich benefit coverage. This benefit includes $2,500 annual maximum benefit per enrolled member compared to the current Delta Dental DPO’s $1,500 annual maximum benefit per enrolled member within a calendar year. Rates for all three plans are displayed on Attachment 2.

Vision Plan
For the 2023 plan year, Vision Service Plan (VSP) will also be offering a VSP Vision Insurance Buy-Up Plan option. As such, there will be a total of two vision plans that will be available to employees in the 2023 plan year. Rates for the current vision plan also remain the same for the 2023 plan year. Rates for the VSP Vision Buy-Up plan will be slightly higher than the current plan year as it provides a $190 frame allowance every 12 months compared to the current vision plan’s $140 frame allowance every 24 months.

Additionally, the VSP Buy-Up option allows enrollees to use the $190 fram allowance to purchase non-prescription glasses such as computer glasses or sunglasses whereas the current VSP plan does not provide this option.

Employee Assistance Program (EAP) – Employer Paid Fees
Council Agenda Report
Approval of Benefit Plans Effective January 1, 2023
December 13, 2022

OptumHealth Behavioral Solutions provides outpatient psychological services for the City’s EAP. No increase is proposed for the 2023 EAP rate.

Flexible Spending Accounts (FSA) – Employer Paid Fees
The Health and Dependent Care Flexible Spending Accounts are administered by Discovery Benefits. No increase is proposed for the 2023 FSA fees.

Basic Life/AD&D and Long Term Disability Insurance – Employer Paid Premiums Hartford Insurance Company administers the Basic Life/AD&D and Long Term Disability Insurance plans. No increases are proposed for the 2023 rates from Hartford.

Employee and Spouse Supplemental Life Insurance Plans – Employee Paid Premiums Hartford Insurance Company administers the voluntary employee-paid Supplemental Life Insurance plans offered to all benefited employees. No increases are proposed for the 2023 rates.

Short Term Disability Insurance Plan – Employee Paid Premiums Hartford Insurance Company administers the voluntary employee-paid Short Term Disability Insurance plans offered to Management, Police and Supervisors. No increases are proposed for the 2023 rates.

Benefits Administration Fee
As of July 1, 2020, the City contracted with Benefit Coordinators Corporation (BCC) for online enrollment and electronic benefits administration. There is an administration fee of $7.04 per enrolled employee per month. The current agreement with the Benefits Administration vendor keeps those fees unchanged until June 30, 2023.

Summary
Staff recommends that the CalPERS Health Benefits Program along with the Delta Dental DPO plans, DeltaCare HMO plan, VSP Vision plans, Optum EAP, Discovery Benefits FSA’s, Hartford Life/AD&D and Disability Insurance plans be renewed for 2023 at the proposed premium rates.

Proposed 2023 monthly rates for the CalPERS Health Benefits Program for Active employees and Retirees are listed in Attachment 1.

Proposed 2023 monthly rates for Delta Dental PPO, Delta Dental Buy-up PPO plan, VSP Vision, VSP Buy-up plan, Optum EAP, Discovery Benefits FSA, Hartford Life/AD&D and Disability Insurance Plans are listed in Attachment 2.

BUDGET/FINANCIAL INFORMATION:

Established City contribution amounts and employee pre-tax payroll deductions will fund the 2023 Plan Year (calendar year) estimated overall benefit premium increase.

Council Agenda Report
Approval of Benefit Plans Effective January 1, 2023
December 13, 2022

Adequate expenditure appropriation exists in all funds where benefit-related expenditures are budgeted in the adopted Fiscal Year 2023 budget.

ATTACHMENT(S): 1. 2023 Medical Plans Monthly Premium Rates

2. 2023 Dental, Vision, Employee Assistance Program,Flexible Accounts, Life and Disability Insurance Plan Monthly
Premium Rates
PREPARED BY: Charlie Lam, Benefits Analyst II
SUBMITTED BY: Wendy Levy, Human Resources Director
APPROVED BY: City Administrator's Office
Attachment 1
Single 2-Party Family Single 2-Party Family
Plan Name
Employee
Only Employe +1 Family
Employee
Only Employe +1 Family
Anthem Select $1,015.81 $2,031.62 $2,641.11 $1,128.83 $2,257.66 $2,934.96 Anthem Traditional 1,304.00 2,608.00 3,390.40 $1,210.71 $2,421.42 $3,147.85 Blue Shield Access+ 1,116.01 2,232.02 2,901.63 $1,035.21 $2,070.42 $2,691.55 Blue Shield Trio 898.54 1,797.08 2,336.20 $888.94 $1,777.88 $2,311.24 Health Net SmartCare 1,153.00 2,306.00 2,997.80 $1,174.50 $2,349.00 $3,053.70 Kaiser 857.06 1,714.12 2,228.36 $913.74 $1,827.48 $2,375.72 UnitedHealthcare Alliance 1,020.28 2,040.56 2,652.73 $1,044.07 $2,088.14 $2,714.58 Western Health Advantage 741.26 1,482.52 1,927.28 $760.17 $1,520.34 $1,976.44 Anthem EPO Del Norte 1,057.01 2,114.02 2,748.23 $1,200.12 $2,400.24 $3,120.31 PERS Gold 701.23 1,402.46 1,823.20 $825.61 $1,651.22 $2,146.59 PERS Platinum 1,057.01 2,114.02 2,748.23 $1,200.12 $2,400.24 $3,120.31 PORAC Region 1 799.00 1,725.00 2,219.00 $825.00 $1,875.00 $2,300.00 Plan Name
Employee
Only Employe +1 Family
Employee
Only Employe +1 Family
Anthem Select $712.43 $1,424.86 $1,852.32 $765.37 $1,530.74 $1,989.96 Anthem Traditional 1,007.13 2,014.26 2,618.54 935.12 1,870.24 2,431.31 Blue Shield Access+ 900.22 1,800.44 2,340.57 842.61 1,685.22 2,190.79 Blue Shield Trio 742.70 1,485.40 1,931.02 760.71 1,521.42 1,977.85 Kaiser 706.02 1,412.04 1,835.65 756.21 1,512.42 1,966.15 Sharp 699.21 1,398.42 1,817.95 764.96 1,529.92 1,988.90 UnitedHealthcare Alliance 775.09 1,550.18 2,015.23 793.63 1,587.26 2,063.44 UnitedHealthcare Harmony 782.74 1,565.48 2,035.12 781.58 1,563.16 2,032.11 PERS Gold 587.78 1,175.56 1,528.23 695.93 1,391.86 1,809.42 PERS Platinum 882.18 1,764.36 2,293.67 1,014.80 2,029.60 2,638.48 PORAC Region 2 775.00 1,550.00 2,010.00 820.00 1,650.00 2,100.00 2023
Region 2 (Fresno, Imperial, Inyo, Kern, Kings, Madera, Orange, San Diego, San Luis Obispo, Santa Barbara, Tulare, and Ventura counties)*
CalPERS Health Plans 2022
Region 1 (generally, all northern CA counties)
Attachment 1
Attachment 1
Plan Name
Employee
Only Employe +1 Family
Employee
Only Employe +1 Family
Anthem Select $676.48 $1,352.96 $1,758.85 $737.91 $1,475.82 $1,918.57 Anthem Traditional 935.57 1,871.14 2,432.48 942.73 1,885.46 2,451.10 Blue Shield Access+ 779.87 1,559.74 2,027.66 738.29 1,476.58 1,919.55 Blue Shield Trio 668.13 1,336.26 1,737.14 661.49 1,322.98 1,719.87 Health Net Salud y Más 463.87 927.74 1,206.06 606.34 1,212.68 1,576.48 Health Net SmartCare 764.96 1,529.92 1,988.90 755.29 1,510.58 1,963.75 Kaiser 719.78 1,439.56 1,871.43 754.64 1,509.28 1,962.06 UnitedHealthcare Alliance 771.85 1,543.70 2,006.81 790.46 1,580.92 2,055.20 UnitedHealthcare Harmony 714.28 1,428.56 1,857.13 713.55 1,427.10 1,855.23 PERS Gold 575.56 1,151.12 1,496.46 680.37 1,360.74 1,768.96 PERS Platinum 863.37 1,726.74 2,244.76 992.59 1,985.18 2,580.73 PORAC Region 3 775.00 1,475.00 1,894.00 820.00 1,600.00 2,100.00 Plan Name
Employee
Only Employe +1 Family
Employee
Only Employe +1 Family
Kaiser $1,138.95 $2,277.90 $2,961.27 $1,155.43 $2,310.86 $3,004.12 PERS Platinum 847.71 1,695.42 2,204.05 1,003.90 2,007.80 2,610.14 PORAC Out of State 899.00 1,899.00 2,223.00 935.00 1,899.00 2,250.00 Medicare 2022 2023
Plan Name
Employee
Only Employe +1 Family
Employee
Only Employe +1 Family
Anthem Medicare Preferred PPO $360.19 $720.38 $1,080.57 $413.59 $827.18 $1,240.77 Blue Shield Medicare PPO 353.11 706.22 1,059.33 361.90 723.80 1,085.70 Kaiser Sr. Advantage 302.53 605.06 907.59 283.25 566.50 849.75 Kaiser Out-of-State 295.52 591.04 886.56 274.03 548.06 822.09 Sharp (in San Diego County only
(Region 2) 263.85 527.70 791.55 249.79 499.58 749.37
UnitedHealthcare Medicare Advantage
PPO 294.65 589.30 883.95 299.68 599.36 899.04
UnitedHealthcare Edge PPO 381.94 763.88 1,145.82 357.70 715.40 1,073.10 PERS Gold Medicare Supplement 377.41 754.82 1,132.23 377.41 754.82 1,132.23 PERS Platinum Medicare Supplement 349.97 699.94 1,049.91 420.02 840.04 1,260.06 PORAC 461.00 919.00 1,471.00 465.00 1,030.00 1,395.00
Out of State Plans
Medicare Premium Rates - All Regions
Region 3 (Los Angeles, Riverside and San Bernardino Counties)** Attachment 1
Attachment 2
2023 Dental, Vision, Employee Assistance Program, Flexible Spending Accounts, Disability and Life Insurance Plans Monthly Premium Rates PLAN CURRENT 2022 PROPOSED 2023
Delta Dental DPO Plan
Employee Only $ 53.87 $ 53.87
Employee and One Dependent $ 95.34 $ 95.34
Employee and Family $ 152.82 $ 152.82
Delta Dental Buy-Up DPO Plan
Employee Only N/A $ 58.40
Employee and One Dependent N/A $ 103.35
Employee and Family N/A $ 152.82
DeltaCare HMO Plan
Employee Only $ 16.39 $ 15.57
Employee and One Dependent $ 29.32 $ 27.85
Employee and Family $ 43.38 $ 41.21
Vision Service Plan (VSP)
Employee Only $ 6.93 $ 6.93
Employee and One Dependent $ 13.76 $ 13.76
Employee and Family $ 21.10 $ 21.10
Vision Service Plan (VSP) Buy-Up Plan
Employee Only N/A $ 9.04
Employee and One Dependent N/A $ 17.95
Employee and Family N/A $ 27.52
Optum Employee Assistance Program (City Paid)
Employee and Family $ 1.78 $ 1.78
Discovery Benefits Flexible Spending Accounts Administration Costs (City Paid) Health Care Account/Participant/Month $ 3.75 $ 3.75
Dependent Care Account/Participant/Month $ 3.75 $ 3.75
Electronic Payment Card/Participant/Month $ 0 $ 0
Grace Period Processing/Participant/Month $ 0 $ 0
Long Term Disability Insurance – Hartford (City Paid)
All Employees except Police and Fire $0.38/$100 $0.38/$100 Short Term Disability Insurance – Hartford (Voluntary Employee Paid) Managers $ 22.02 $ 22.02
Supervisors $ 19.82 $ 19.82
Police $ 15.14 $ 15.14
Basic Life AD&D Insurance – Hartford (City Paid)
All Employees $0.100/$1,000 $0.100/$1,000
Supplemental Employee, Spouse & Child Life Insurance–Hartford (Voluntary Employee Paid) Voluntary Employee and Spouse Life Insurance Rates/$10,000 Rates/$10,000 Up to and including age 29 $ 0.68 $ 0.68
Age 30-34 $ 0.86 $ 0.86
Age 35-39 $ 1.24 $ 1.24
Age 40-44 $ 1.90 $ 1.90
Age 45-49 $ 3.14 $ 3.14
Age 50-54 $ 5.24 $ 5.24
Age 55-59 $ 8.46 $ 8.46
Age 60-64 $ 11.12 $ 11.12
Age 65-69 $ 17.48 $ 17.48
Attachment
2 Age 70-74$ 30.88$ 30.88
Age 75 and older$ 51.50$ 51.50
$2,000 Voluntary Child Life Insurance$ 0.33$ 0.33
$5,000 Voluntary Child Life Insurance$ 0.55$ 0.55
$10,000 Voluntary Child Life Insurance$ 0.89$ 0.89

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: December 13, 2022
TO: Mayor and Councilmembers
FROM: Accounting Division, Finance Department
SUBJECT: Fiscal Year 2023 Interim Financial Statements for the Four Months Ended October 31, 2022
RECOMMENDATION:

That Council accept the Fiscal Year 2023 Interim Financial Statements for the four months ended October 31, 2022.

DISCUSSION:

The interim financial statements for the four months ended October 31, 2022 (33.3% of the fiscal year) are attached. The interim financial statements include budgetary activity in comparison to actual activity for the General Fund, Enterprise Funds, Internal Service Funds, and select Special Revenue Funds.

ATTACHMENT: Interim Financial Statements for the Four Months Ended October 31, 2022
PREPARED BY: Doug B. Smith, Accounting Manager
SUBMITTED BY: Keith DeMartini, Finance Director
APPROVED BY: City Administrator's Office
Agenda Item No. 15
File Code No. 250.02

ATTACHMENT
Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD
GENERAL FUND (pages 3-7)
Revenue 184,523,308 51,698,311 3,005 132,828,002 28.0% 50,345,601 Expenditures 191,898,760 57,043,618 4,695,505 130,159,637 32.2% 56,550,874 Addition to / (use of) reserves (7,375,452) (5,345,307) (4,698,509) (6,205,273) SOLID WASTE FUND (page 9)
Revenue 34,140,749 11,554,537 - 22,586,212 33.8% 11,473,935 Expenditures 34,402,762 10,060,261 575,060 23,767,441 30.9% 8,965,585 Addition to / (use of) reserves (262,013) 1,494,275 (575,060) 2,508,350 WATER OPERATING FUND (page 10)
Revenue 70,492,814 25,736,531 - 44,756,283 36.5% 23,889,937 Expenditures 70,951,191 18,020,466 6,920,444 46,010,281 35.2% 23,652,925 Addition to / (use of) reserves (458,377) 7,716,065 (6,920,444) 237,012 WASTEWATER OPERATING FUND (page 11)
Revenue 27,441,554 9,154,642 - 18,286,912 33.4% 8,722,729 Expenditures 28,321,673 7,101,369 2,111,957 19,108,347 32.5% 7,104,109 Addition to / (use of) reserves (880,119) 2,053,273 (2,111,957) 1,618,619 DOWNTOWN PARKING FUND (page 12)
Revenue 10,266,997 3,329,924 - 6,937,073 32.4% 2,332,322 Expenditures 10,750,380 3,012,977 1,357,918 6,379,486 40.7% 2,539,937 Addition to / (use of) reserves (483,383) 316,947 (1,357,918) (207,615) AIRPORT OPERATING FUND (page 13)
Revenue 27,185,151 8,866,532 - 18,318,619 32.6% 8,137,596 Expenditures 30,040,498 7,530,756 3,421,043 19,088,699 36.5% 7,856,292 Addition to / (use of) reserves (2,855,347) 1,335,775 (3,421,043) 281,304 GOLF COURSE FUND (page 14)
Revenue 3,837,489 1,597,904 - 2,239,585 41.6% 1,371,531 Expenditures 3,294,658 1,008,887 1,900,613 385,158 88.3% 854,296 Addition to / (use of) reserves 542,831 589,017 (1,900,613) 517,235 FACILITIES MANAGEMENT FUND (page 15)
Revenue 6,974,899 2,275,054 - 4,699,845 32.6% 1,990,959 Expenditures 7,277,281 2,035,460 707,514 4,534,308 37.7% 2,010,008 Addition to / (use of) reserves (302,382) 239,594 (707,514) (19,049)

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
Summary by Fund
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
Summary by Fund
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year) FLEET REPLACEMENT FUND (page 16)
Revenue 3,761,445 1,182,011 - 2,579,434 31.4% 1,084,959 Expenditures 3,947,135 335,046 710,630 2,901,459 26.5% 832,810 Addition to / (use of) reserves (185,690) 846,965 (710,630) 252,148 FLEET MAINTENANCE FUND (page 17)
Revenue 3,226,802 1,098,447 - 2,128,355 34.0% 996,898
Expenditures 3,282,043 959,324 400,697 1,922,022 41.4% 936,923 Addition to / (use of) reserves (55,241) 139,123 (400,697) 59,975 SELF INSURANCE TRUST FUND (page 18)
Revenue 13,067,765 4,340,304 - 8,727,461 33.2% 2,977,266 Expenditures 14,203,713 4,076,446 459,980 9,667,287 31.9% 3,427,178 Addition to / (use of) reserves (1,135,948) 263,857 (459,980) (449,912) INFORMATION TECHNOLOGY FUND (page 19)
Revenue 5,261,982 1,683,813 - 3,578,169 32.0% 1,495,328 Expenditures 5,158,024 1,816,972 106,248 3,234,804 37.3% 1,802,096 Addition to / (use of) reserves 103,958 (133,159) (106,248) (306,768) WATERFRONT OPERATING FUND (page 20)
Revenue 17,036,131 7,119,419 - 9,916,713 41.8% 6,381,820 Expenditures 19,027,251 6,322,754 988,386 11,716,111 38.4% 5,539,567 Addition to / (use of) reserves (1,991,119) 796,664 (988,386) 842,253 SANTA BARBARA CLEAN ENERGY FUND (page 21)
Revenue 34,000,000 9,815,136 - 24,184,864 28.9% 397,266 Expenditures 33,400,235 7,028,337 1,199,935 25,171,963 24.6% 263,130 Addition to / (use of) reserves 599,765 2,786,798 (1,199,935) 134,136 ENERGY AND CLIMATE MANAGEMENT FUND (page 22)
Revenue 2,552,568 850,856 - 1,701,712 33.3% 959,291
Expenditures 2,922,691 577,825 276,473 2,068,393 29.2% 469,794 Addition to / (use of) reserves (370,123) 273,031 (276,473) 489,497

TOTAL FOR ALL FUNDS
Revenue 443,769,654 140,303,418 3,005 303,469,241 31.6% 122,557,438 Expenditures 458,878,296 126,930,500 25,832,402 306,115,395 33.3% 122,805,524 Addition to / (use of) reserves (15,108,642) 13,372,918 (25,835,407) (248,086) ** It is City policy to adopt a balanced budget. In most cases, encumbrance balances exist at year-end. These encumbrance balances are obligations of each fund and must be reported at the beginning of each fiscal year. In addition, a corresponding appropriations entry must be made in order to accommodate the 'carried-over' encumbrance amount. Most differences between budgeted annual revenues and expenses are due to these encumbrance carryovers.

Revised YTD Remaining Percent Previous Change Over
Budget Actual Balance Received YTD Prior Year
TAXES
Sales and Use 26,704,042 9,790,090 16,913,952 36.7% 9,629,291 1.7% Measure C Sales Tax 28,323,342 10,574,261 17,749,081 37.3% 10,299,975 2.7% Property Taxes 43,250,489 - 43,250,489 0.0% - 0.0%
Utility Users Tax 7,779,112 2,224,340 5,554,772 28.6% 2,631,222 -15.5% Transient Occupancy Tax 23,583,553 11,726,559 11,856,994 49.7% 10,685,865 9.7% Business License 2,714,006 606,477 2,107,529 22.3% 710,119 -14.6% Cannabis Excise Tax 1,879,977 483,593 1,396,384 25.7% 634,173 -23.7% Real Property Transfer Tax 1,328,218 364,865 963,353 27.5% 500,075 -27.0% Total Tax Revenues 135,562,739 35,770,185 99,792,554 26.4% 35,090,720 1.9%

LICENSES & PERMITS
Licenses & Permits 159,858 55,904 103,954 35.0% 75,795 -26.2% Total 159,858 55,904 103,954 35.0% 75,795 -26.2%

FINES & FORFEITURES
Police 2,358,618 475,445 1,883,173 20.2% 757,775 -37.3% Other Fines & Forfeitures 660,302 303,187 357,115 45.9% 18,497 1539.1% Total 3,018,920 778,632 2,240,288 25.8% 776,273 0.3%

USE OF MONEY & PROPERTY
Investment Income 529,185 330,228 198,957 62.4% 113,706 190.4% Rents & Concessions 1,392,631 507,542 885,089 36.4% 294,260 72.5% Total 1,921,816 837,770 1,084,046 43.6% 407,966 105.4%

INTERGOVERNMENTAL
Library 905,598 16,454 889,143 1.8% 42,649 -61.4%
Fire 1,000,000 96,668 903,332 9.7% 128,066 -24.5%
Other Intergovernmental 709,932 52,646 657,286 7.4% 189,908 -72.3% Total 2,615,530 165,768 2,449,762 6.3% 360,623 -54.0%

FEES & SERVICE CHARGES
Community Development 6,313,279 2,498,078 3,815,201 39.6% 2,539,689 -1.6% Parks & Recreation 4,511,330 1,803,499 2,707,831 40.0% 1,637,734 10.1% Other Service Charges 4,042,475 1,577,373 2,465,103 39.0% 1,016,680 55.1% Total 14,867,084 5,878,949 8,988,135 39.5% 5,194,103 13.2%

OTHER REVENUES
Interfund Charges & Reimbursement 11,922,594 3,444,019 8,478,575 28.9% 3,323,513 3.6% Overhead Indirect Allocations 9,654,155 3,203,460 6,450,695 33.2% 2,995,686 6.9% Interfund Transfers 562,510 178,528 383,982 31.7% 676,144 -73.6% Interfund Loans (24,140) 8,047 (32,187) -33.3% 8,047 0.0% Miscellenous 116,442 48,618 67,824 41.8% 55,483 -12.4%
Donations 138,709 1,164 137,545 0.8% 1,960 -40.6%
Franchise Fees 4,007,090 1,327,266 2,679,824 33.1% 1,379,290 -3.8% Total 26,377,360 8,211,102 18,166,258 31.1% 8,440,122 -2.7% Subtotal Non-Tax Revenues 48,960,569 15,928,126 33,032,443 32.5% 15,254,881 4.4% TOTAL REVENUES 184,523,308 51,698,311 132,824,997 28.0% 50,345,601 2.7%

CITY OF SANTA BARBARA
General Fund
Interim Statement of Budgeted and Actual Revenues
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

YTD
Expended
Revised YTD Encum- Remaining and Previous
Budget Actual brances Balance Encumbered YTD

GENERAL GOVERNMENT
Mayor & City Council
MAYOR & CITY COUNCIL 1,045,553 312,728 2,936 729,888 30.2% 297,798 ARTS AND COMMUNITY PROMOTIONS 2,324,403 748,204 836,607 739,592 68.2% 981,713 Total 3,369,956 1,060,932 839,543 1,469,481 56.4% 1,279,511 City Attorney
CITY ATTORNEY-ADMINISTRATION 1,040,593 311,247 214,430 514,916 50.5% 322,798 CITY ATTORNEY-ADVISORY 1,520,447 462,195 - 1,058,252 30.4% 473,426 CITY ATTORNEY-CIVIL LITIGATION 1,429,249 384,328 - 1,044,921 26.9% 327,044 CITY ATTORNEY-CODE ENFORCEMENT 506,545 127,785 - 378,760 25.2% 159,729 Total 4,496,834 1,285,554 214,430 2,996,849 33.4% 1,282,997 Administration
CITY ADMINISTRATOR 2,499,241 643,527 63,066 1,792,648 28.3% 664,740 CITY TV 729,923 250,907 110,975 368,041 49.6% 202,742
CITY CLERK 721,579 202,795 32,553 486,231 32.6% 198,349 Total 3,950,742 1,097,228 206,594 2,646,920 33.0% 1,065,831 Human Resources
HUMAN RESOURCES 2,579,904 605,166 40,105 1,934,632 25.0% 553,803 EMPLOYEE RELATIONS 425,310 79,345 93,112 252,853 40.5% 74,556 EMPLOYEE DEVELOPMENT 42,699 4,461 - 38,238 10.4% 813
Total 3,047,913 688,973 133,217 2,225,724 27.0% 629,172 Finance
ADMINISTRATION 331,809 94,858 38,718 198,233 40.3% 136,963 REVENUE & CASH MANAGEMENT 773,693 190,858 7,743 575,092 25.7% 181,559 CASHIERING & COLLECTION 636,968 175,931 - 461,037 27.6% 191,983 LICENSES & PERMITS 766,641 172,279 2,942 591,420 22.9% 147,629 BUDGET MANAGEMENT 816,288 343,008 1 473,279 42.0% 187,274 ACCOUNTING 1,141,852 322,756 81,470 737,626 35.4% 309,584 PAYROLL 479,984 149,280 - 330,704 31.1% 152,305
ACCOUNTS PAYABLE 278,278 89,476 - 188,802 32.2% 87,051
CITY BILLING & CUSTOMER SERVICE 833,618 188,285 2,768 642,565 22.9% 194,513 PURCHASING 840,556 256,021 96 584,439 30.5% 289,980
CENTRAL WAREHOUSE 244,738 80,797 - 163,941 33.0% 78,049 MAIL SERVICES 163,466 49,314 3,259 110,893 32.2% 47,763 Total 7,307,891 2,112,864 136,997 5,058,031 30.8% 2,004,652 TOTAL GENERAL GOVERNMENT 22,173,337 6,245,551 1,530,782 14,397,004 35.1% 6,262,162

CITY OF SANTA BARBARA
General Fund
Interim Statement of Appropriations, Expenditures and Encumbrances For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

YTD
Expended
Revised YTD Encum- Remaining and Previous
Budget Actual brances Balance Encumbered YTD

CITY OF SANTA BARBARA
General Fund
Interim Statement of Appropriations, Expenditures and Encumbrances For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

PUBLIC SAFETY
Police
CHIEF'S STAFF 717,769 411,395 4,182 302,191 57.9% 616,555 BUSINESS OFFICE 675,625 179,365 3,789 492,471 27.1% 176,466 RECORDS BUREAU 2,142,109 511,356 2,555 1,628,198 24.0% 569,630 STRATEGIC OPERATIONS AND PERSONNEL 1,902,857 610,997 227,377 1,064,483 44.1% 637,205 PROPERTY ROOM 259,996 83,913 - 176,083 32.3% 64,131
TRAINING, RECRUITMENT AND WELLNESS 2,118,941 569,968 57,780 1,491,193 29.6% 537,998 RANGE AND EQUIPMENT 1,553,310 533,091 19,375 1,000,844 35.6% 495,964 COMMUNITY & MEDIA RELATIONS 488,574 49,384 - 439,190 10.1% 121,295 INFORMATION TECHNOLOGY/CRIME ANALYSIS 1,736,115 651,245 67,566 1,017,304 41.4% 683,326 CRIMINAL INVESTIGATIONS & INTERNAL OP'S 6,549,715 1,765,214 6,442 4,778,059 27.0% 1,802,033 CRIME LAB 170,298 49,054 - 121,244 28.8% 50,455
FIELD OPERATIONS DIVISION 23,290,608 6,484,102 22,025 16,784,481 27.9% 6,082,253 TRAFFIC 772,855 155,658 - 617,197 20.1% 370,707
SPECIAL EVENTS 627,643 338,453 14,998 274,192 56.3% 372,011 STREET CRIMES UNIT 2,731,971 478,483 - 2,253,487 17.5% 409,077 SPECIAL ENFORCEMENT TEAM 884,466 76,133 - 808,333 8.6% 311,509 PARKING AND STREET SWEEPING 397,555 134,721 - 262,833 33.9% 124,461 PARKING ENFORCEMENT 1,482,760 243,421 100,406 1,138,932 23.2% 296,188 COMBINED COMMUNICATIONS CENTER 3,129,417 1,064,927 - 2,064,489 34.0% 1,085,104 ANIMAL CONTROL 954,668 136,156 4,097 814,414 14.7% 157,156 Total 52,587,249 14,527,038 530,592 37,529,620 28.6% 14,963,522 Fire
ADMINISTRATION 1,322,186 393,139 851 928,196 29.8% 370,058 EMERGENCY SERVICES AND PUBLIC ED 578,117 147,251 - 430,866 25.5% 158,946 PREVENTION 1,598,680 417,930 525 1,180,226 26.2% 419,576 WILDLAND FIRE MITIGATION PROGRAM 738,902 114,644 17,067 607,191 17.8% 73,422 OPERATIONS 26,377,047 8,285,391 79,992 18,011,664 31.7% 9,326,086 TRAINING AND RECRUITMENT 1,187,072 238,182 - 948,890 20.1% 193,715 ARFF 3,105,504 1,018,696 21,890 2,064,918 33.5% 1,006,128 Total 34,907,508 10,615,233 120,325 24,171,951 30.8% 11,547,931 TOTAL PUBLIC SAFETY 87,494,757 25,142,270 650,916 61,701,570 29.5% 26,511,453

PUBLIC WORKS
Public Works
ADMINISTRATION 1,464,933 423,208 21,731 1,019,995 30.4% 418,497 ENGINEERING SVCS 7,094,124 1,812,456 55,618 5,226,049 26.3% 1,871,790 PUBLIC RT OF WAY MGMT 2,092,273 502,205 41,967 1,548,100 26.0% 524,319 ENVIRONMENTAL PROGRAMS 806,576 145,229 208,586 452,761 43.9% 238,593 Total 11,457,906 2,883,098 327,903 8,246,905 28.0% 3,053,199 TOTAL PUBLIC WORKS 11,457,906 2,883,098 327,903 8,246,905 28.0% 3,053,199

YTD
Expended
Revised YTD Encum- Remaining and Previous
Budget Actual brances Balance Encumbered YTD

CITY OF SANTA BARBARA
General Fund
Interim Statement of Appropriations, Expenditures and Encumbrances For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

COMMUNITY SERVICES
Parks & Recreation
REC PROGRAM MGMT 1,047,254 279,174 3,801 764,279 27.0% 199,411 FACILITIES & SPECIAL EVENTS 1,574,152 485,363 190,681 898,108 42.9% 373,857 YOUTH ACTIVITIES 1,631,330 599,607 13,609 1,018,113 37.6% 473,044 ACTIVE ADULTS 1,109,737 315,928 15,616 778,193 29.9% 307,371 AQUATICS 2,223,422 798,787 154,761 1,269,874 42.9% 791,998 SPORTS 856,188 239,861 150,895 465,432 45.6% 242,894
TENNIS 573,807 146,571 160,856 266,381 53.6% 131,726
NEIGHBORHOOD & OUTREACH SERV 1,235,466 347,243 11,741 876,482 29.1% 335,213 ADMINISTRATION 1,269,735 363,469 795 905,472 28.7% 335,627 PROJECT MANAGEMENT TEAM 740,712 196,434 27,493 516,785 30.2% 168,727 PARK OPERATIONS MANAGEMENT 1,043,643 312,500 11,478 719,665 31.0% 202,434 GROUNDS & FACILITIES MAINTENANCE 5,926,303 1,822,059 133,492 3,970,752 33.0% 1,686,539 FORESTRY 1,609,092 436,451 101,672 1,070,969 33.4% 444,622 BEACH MAINTENANCE 158,254 34,380 8,610 115,264 27.2% 47,861 MEDIANS PARKWAYS & CONTRACTS 607,447 137,726 119,922 349,799 42.4% 159,550 Total 21,606,542 6,515,552 1,105,422 13,985,568 35.3% 5,900,874 Library
ADMINISTRATION 932,821 302,783 99,654 530,383 43.1% 181,689 CENTRAL LIBRARY 5,946,744 1,692,783 66,402 4,187,560 29.6% 1,444,427 EASTSIDE LIBRARY 386,328 90,154 2,407 293,766 24.0% 107,562 LIBRARY ON THE GO 192,691 37,555 - 155,136 19.5% 29,778 ADULT EDUCATION 212,056 8,801 - 203,256 4.2% -
Total 7,670,640 2,132,075 168,463 5,370,101 30.0% 1,763,456 TOTAL COMMUNITY SERVICES 29,277,182 8,647,628 1,273,885 19,355,669 33.9% 7,664,330

COMMUNITY DEVELOPMENT
Community Development
ADMINISTRATION 2,014,906 640,645 51,521 1,322,740 34.4% 436,269 RENTAL HOUSING MEDIATION 321,113 94,457 - 226,657 29.4% 95,403 HUMAN SERVICES 862,824 150,650 481,472 230,702 73.3% 34,219 LONG RANGE PLAN & SPEC STUDY 995,328 290,943 371 704,014 29.3% 348,695 DEVEL & ENVIRONMENTAL REVIEW 1,721,654 471,907 15,227 1,234,519 28.3% 496,725 ZONING INFO & ENFORCEMENT 1,744,050 419,277 19,035 1,305,738 25.1% 455,528 DESIGN REV & HIST PRESERVATION 1,582,720 449,252 3,457 1,130,011 28.6% 501,719 BLDG INSP & CODE ENFORCEMENT 1,761,300 408,384 46,778 1,306,138 25.8% 577,677 RECORDS ARCHIVES & CLER SVCS 797,593 205,286 43,615 548,692 31.2% 218,408 BLDG COUNTER & PLAN REV SVCS 2,646,010 687,911 191,602 1,766,497 33.2% 691,968 CODE COMPLIANCE 771,758 170,666 226 600,866 22.1% -
Total 15,219,256 3,989,379 853,303 10,376,574 31.8% 3,856,611 TOTAL COMMUNITY DEVELOPMENT 15,219,256 3,989,379 853,303 10,376,574 31.8% 3,856,611

YTD
Expended
Revised YTD Encum- Remaining and Previous
Budget Actual brances Balance Encumbered YTD

CITY OF SANTA BARBARA
General Fund
Interim Statement of Appropriations, Expenditures and Encumbrances For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

SUSTAINABILITY AND RESILIENCE
Sustainability and Resilience
ADMINISTRATION 222,146 37,102 58,716 126,327 43.1% 10,887 Total 222,146 37,102 58,716 126,327 43.1% 10,887
TOTAL SUSTAINABILITY AND RESILIENCE 222,146 37,102 58,716 126,327 43.1% 10,887

NON-DEPARTMENTAL
Non-Departmental
ANTICIPATED SALARY SAVINGS (4,420,842) - - (4,420,842) 0.0% - TRANSFERS OUT 858,743 286,248 - 572,495 33.3% 641,091
CAPITAL OUTLAY TRANSFER 29,437,026 9,812,342 - 19,624,684 33.3% 8,551,139 APPROP. RESERVE 179,250 - - 179,250 0.0% -
Total 26,054,177 10,098,590 - 15,955,587 38.8% 9,192,231 TOTAL NON-DEPARTMENTAL 26,054,177 10,098,590 - 15,955,587 38.8% 9,192,231 TOTAL EXPENDITURES 191,898,760 57,043,618 4,695,505 130,159,637 32.2% 56,550,874 ** The legal level of budgetary control is at the department level for the General Fund. Therefore, as long as the department as a whole is within budget, budgetary compliance has been achieved. The City actively monitors the budget status of each department and takes measures to address potential over budget situations before they occur.

For Enterprise and Internal Service Funds, the level of budgetary control is at the fund level. The City also monitors and addresses these fund types for potential over budget situations.

Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD

TRAFFIC SAFETY FUND
Revenue 245,000 35,583 - 209,417 14.5% 76,431
Expenditures 245,000 35,583 - 209,417 14.5% 76,431
Revenue Less Expenditures - - - - -

CREEK RESTORATION/WATER QUALITY IMPRVMT
Revenue 4,845,513 2,413,507 - 2,432,006 49.8% 2,167,405 Expenditures 5,204,569 1,356,641 667,500 3,180,427 38.9% 1,119,913 Revenue Less Expenditures (359,056) 1,056,866 (667,500) (748,422) 1,047,492

COMMUNITY DEVELOPMENT BLOCK GRANT
Revenue 1,196,247 82,304 - 1,113,943 6.9% 261,230
Expenditures 2,453,609 109,360 884,708 1,459,541 40.5% 405,734 Revenue Less Expenditures (1,257,362) (27,056) (884,708) (345,598) (144,504)

COUNTY LIBRARY
Revenue 446,729 1,268 - 445,460 0.3% 1,499
Expenditures 466,874 129,652 13,705 323,517 30.7% 261,105 Revenue Less Expenditures (20,146) (128,383) (13,705) 121,943 (259,605)

STREETS FUND
Revenue 13,178,081 4,239,609 - 8,938,472 32.2% 4,149,187 Expenditures 13,326,601 3,960,012 339,366 9,027,223 32.3% 3,873,958 Revenue Less Expenditures (148,520) 279,597 (339,366) (88,751) 275,229

MEASURE A FUND
Revenue 5,045,484 1,443,336 - 3,602,148 28.6% 1,266,831 Expenditures 5,059,908 1,366,529 423,314 3,270,065 35.4% 1,122,812 Revenue Less Expenditures (14,424) 76,806 (423,314) 332,083 144,019

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
Special Revenue Funds
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD

REVENUES
Service charges 33,716,747 11,195,423 - 22,521,324 33.2% 10,568,053 Other Fees & Charges 70,000 12,377 - 57,623 17.7% 881,425 Investment Income 44,500 30,298 - 14,202 68.1% 9,301
Grants 23,279 23,279 - - 100.0% 23,211
Miscellaneous 286,223 293,160 - (6,937) 102.4% (8,054)
TOTAL REVENUES 34,140,749 11,554,537 - 22,586,212 33.8% 11,473,935

EXPENSES
Salaries & Benefits 1,736,916 427,770 - 1,309,146 24.6% 484,883 Materials, Supplies & Services 30,916,125 9,511,391 450,091 20,954,643 32.2% 8,408,166 Special Projects 1,366,410 60,366 43,177 1,262,867 7.6% 47,314 Transfers-Out 50,000 16,667 - 33,333 33.3% 16,667
Capital Outlay Transfers 973 324 - 649 33.3% 649
Equipment 269,918 43,744 81,792 144,382 46.5% 7,907
Other 40,000 - - 40,000 0.0% -
Appropriated Reserve 22,420 - - 22,420 0.0% -
TOTAL EXPENSES 34,402,762 10,060,261 575,060 23,767,441 30.9% 8,965,585 Revenue Less Expense (262,013) 1,494,275 (575,060) (1,181,228) 2,508,350

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

SOLID WASTE FUND

Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD

REVENUES
Water Sales- Metered 60,197,486 22,700,372 - 37,497,114 37.7% 22,774,159 Service Charges 208,765 111,500 - 97,265 53.4% 117,034
Cater JPA Treatment Charges 2,359,556 683,750 - 1,675,806 29.0% 103,615 Investment Income 901,175 472,282 - 428,893 52.4% 225,203 Reimbursements 6,759,704 1,731,074 - 5,028,630 25.6% 554,273 Miscellaneous 66,128 37,552 - 28,576 56.8% 115,653
TOTAL REVENUES 70,492,814 25,736,531 - 44,756,283 36.5% 23,889,937

EXPENSES
Salaries & Benefits 13,981,945 3,857,797 - 10,124,149 27.6% 3,896,209 Materials, Supplies & Services 21,057,655 4,722,340 6,724,429 9,610,886 54.4% 4,310,655 Special Projects 803,622 109,940 54,380 639,303 20.4% 130,917 Water Purchases 11,084,565 2,617,845 - 8,466,720 23.6% 3,392,719 Debt Service 9,221,536 1,983,899 - 7,237,637 21.5% 1,943,199 Capital Outlay Transfers 14,080,186 4,693,395 - 9,386,791 33.3% 9,911,356 Equipment 247,606 7,993 12,178 227,435 8.1% 25,846
Capitalized Fixed Assets 290,275 26,550 129,457 134,269 53.7% 41,977 Other 33,800 708 - 33,092 2.1% 48
Appropriated Reserve 150,000 - - 150,000 0.0% -
TOTAL EXPENSES 70,951,191 18,020,466 6,920,444 46,010,281 35.2% 23,652,925 Revenue Less Expense (458,377) 7,716,065 (6,920,444) (1,253,998) 237,012 NOTE-These figures reflect the operating fund only. Though the capital fund is excluded, the current year contribution

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

WATER OPERATING FUND
from the operating fund is shown in the Capital Transfers.

Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD

REVENUES
Service Charges 26,609,956 8,818,856 - 17,791,100 33.1% 8,486,367 Fees 584,826 227,350 - 357,476 38.9% 166,980
Investment Income 180,700 88,923 - 91,777 49.2% 44,587
Rents & Concessions 61,072 16,334 - 44,738 26.7% 20,357 Miscellaneous 5,000 3,179 - 1,821 63.6% 4,437
TOTAL REVENUES 27,441,554 9,154,642 - 18,286,912 33.4% 8,722,729

EXPENSES
Salaries & Benefits 8,562,134 2,500,147 - 6,061,987 29.2% 2,459,046 Materials, Supplies & Services 10,216,367 2,650,988 1,743,709 5,821,670 43.0% 2,452,692 Special Projects 993,283 11,617 339,068 642,599 35.3% 118,360 Debt Service 3,551,087 341,981 - 3,209,106 9.6% 341,981 Capital Outlay Transfers 4,743,055 1,581,018 - 3,162,037 33.3% 1,646,613 Equipment 128,500 14,105 - 114,395 11.0% 41,191
Capitalized Fixed Assets 122,246 - 26,680 95,566 21.8% 42,741 Other 5,000 1,513 2,500 988 80.3% 1,485
TOTAL EXPENSES 28,321,673 7,101,369 2,111,957 19,108,347 32.5% 7,104,109 Revenue Less Expense (880,119) 2,053,273 (2,111,957) (821,435) 1,618,619 NOTE-These figures reflect the operating fund only. Though the capital fund is excluded, the current year contribution

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

WASTEWATER OPERATING FUND
from the operating fund is shown in the Capital Transfers.

Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD

REVENUES
Improvement Tax 900,000 433,648 - 466,352 48.2% 350,240 Parking Fees 8,283,728 2,531,576 - 5,752,152 30.6% 1,462,123 Other Fees & Charges 30,000 5,215 - 24,785 17.4% 8,401
Investment Income 37,400 18,283 - 19,117 48.9% 9,929
Rents & Concessions 157,760 54,587 - 103,173 34.6% 54,587 Miscellaneous 144,366 48,700 - 95,666 33.7% 203,145
Operating Transfers-In 713,743 237,914 - 475,829 33.3% 243,898 TOTAL REVENUES 10,266,997 3,329,924 - 6,937,073 32.4% 2,332,322

EXPENSES
Salaries & Benefits 5,255,213 1,477,372 - 3,777,840 28.1% 1,323,776 Materials, Supplies & Services 4,277,554 1,231,273 1,020,806 2,025,475 52.6% 963,062 Special Projects 439,362 59,182 337,112 43,068 90.2% 175,534 Capital Outlay Transfers 721,087 240,362 - 480,725 33.3% 75,475 Equipment 47,165 4,787 - 42,378 10.2% 2,091
Appropriated Reserve 10,000 - - 10,000 0.0% -
TOTAL EXPENSES 10,750,380 3,012,977 1,357,918 6,379,486 40.7% 2,539,937 Revenue Less Expense (483,383) 316,947 (1,357,918) 557,588 (207,615) NOTE-These figures reflect the operating fund only. Though the capital fund is excluded, the current year contribution

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

DOWNTOWN PARKING FUND
from the operating fund is shown in the Capital Transfers.

Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD

REVENUES
Leases-Commercial/Industrial 5,607,214 1,620,924 - 3,986,290 28.9% 1,783,835 Leases-Terminal 9,757,487 3,540,489 - 6,216,998 36.3% 2,921,330 Leases-Non-Commercial Aviation 4,658,247 1,652,458 - 3,005,789 35.5% 1,637,770 Leases-Commercial Aviation 6,374,208 1,926,634 - 4,447,574 30.2% 1,714,401 Investment Income 200,500 116,377 - 84,123 58.0% 47,433 Grants 437,036 - - 437,036 0.0% -
Service Charges - 525 - (525) 100.0% 418
Miscellaneous 150,459 9,126 - 141,333 6.1% 32,409
TOTAL REVENUES 27,185,151 8,866,532 - 18,318,619 32.6% 8,137,596

EXPENSES
Salaries & Benefits 10,376,693 2,950,222 - 7,426,471 28.4% 2,788,913 Materials, Supplies & Services 12,967,253 3,307,724 2,247,157 7,412,373 42.8% 2,846,913 Special Projects 3,156,705 203,074 1,155,901 1,797,730 43.1% 55,935 Transfer-Out 250,000 83,333 - 166,667 33.3% -
Debt Service 1,551,750 517,250 - 1,034,500 33.3% 518,583 Capital Outlay Transfers 1,352,551 450,850 - 901,701 33.3% 1,609,505 Equipment 253,990 18,303 17,985 217,702 14.3% 36,442
Appropriated Reserve 131,556 - - 131,556 0.0% -
TOTAL EXPENSES 30,040,498 7,530,756 3,421,043 19,088,699 36.5% 7,856,292 Revenue Less Expense (2,855,347) 1,335,775 (3,421,043) (770,080) 281,304 NOTE-These figures reflect the operating fund only. Though the capital fund is excluded, the current year contribution

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

AIRPORT OPERATING FUND
from the operating fund is shown in the Capital Transfers.

Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD

REVENUES
Fees & Card Sales 3,652,737 1,499,558 - 2,153,179 41.1% 1,305,593 Investment Income 22,500 13,741 - 8,759 61.1% 5,602
Rents & Concessions 162,252 84,676 - 77,576 52.2% 60,875 Miscellaneous - (71) - 71 100.0% (538)
TOTAL REVENUES 3,837,489 1,597,904 - 2,239,585 41.6% 1,371,531

EXPENSES
Salaries & Benefits 87,333 25,854 - 61,479 29.6% 24,323 Materials, Supplies & Services 2,937,895 906,870 1,900,613 130,412 95.6% 759,761 Debt Service 41,430 - - 41,430 0.0% -
Capital Outlay Transfers 228,000 76,000 - 152,000 33.3% 70,212 Equipment - 163 - (163) 100.0% -
TOTAL EXPENSES 3,294,658 1,008,887 1,900,613 385,158 88.3% 854,296 Revenue Less Expense 542,831 589,017 (1,900,613) 1,854,427 517,235 NOTE-These figures reflect the operating fund only. Though the capital fund is excluded, the current year contribution from the operating fund is shown in the Capital Transfers.

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

GOLF COURSE FUND

Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD

REVENUES
Service Charges 3,355,887 1,118,629 - 2,237,258 33.3% 1,029,301 Work Orders - Bldg Maint. 3,608,512 1,156,380 - 2,452,132 32.0% 960,056 Miscellaneous 10,500 45 - 10,455 0.4% 1,602
TOTAL REVENUES 6,974,899 2,275,054 - 4,699,845 32.6% 1,990,959

EXPENSES
Salaries & Benefits 4,629,735 1,334,301 - 3,295,435 28.8% 1,273,036 Materials, Supplies & Services 2,070,928 518,624 537,768 1,014,536 51.0% 531,243 Special Projects 287,955 115,656 169,746 2,552 99.1% 45,616 Capital Outlay Transfers 193,598 64,533 - 129,065 33.3% 159,066 Equipment 10,000 2,346 - 7,654 23.5% 1,046
Appropriated Reserve 85,065 - - 85,065 0.0% -
TOTAL EXPENSES 7,277,281 2,035,460 707,514 4,534,308 37.7% 2,010,008 Revenue Less Expense (302,382) 239,594 (707,514) 165,538 (19,049)

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

FACILITIES MANAGEMENT FUND

Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD

REVENUES
Vehicle Rental Charges 3,182,866 989,199 - 2,193,667 31.1% 1,003,485 Investment Income 204,248 77,356 - 126,892 37.9% 41,592 Rents & Concessions 107,553 34,391 - 73,162 32.0% 39,867 Miscellaneous 68,000 81,065 - (13,065) 119.2% 15
Operating Transfers-In 198,778 - - 198,778 0.0% -
TOTAL REVENUES 3,761,445 1,182,011 - 2,579,434 31.4% 1,084,959

EXPENSES
Salaries & Benefits 231,260 55,968 - 175,292 24.2% 65,374 Materials, Supplies & Services 21,038 1,293 - 19,745 6.1% 8,325 Debt Service 198,778 - - 198,778 0.0% -
Capital Outlay Transfers - - - - 0.0% 368,830
Capitalized Fixed Assets 3,496,059 277,785 710,630 2,507,644 28.3% 390,281 TOTAL EXPENSES 3,947,135 335,046 710,630 2,901,459 26.5% 832,810 Revenue Less Expense (185,690) 846,965 (710,630) (322,025) 252,148

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

FLEET REPLACEMENT FUND

Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD

REVENUES
Vehicle Maintenance Charges 3,161,802 1,051,249 - 2,110,553 33.2% 969,520 Reimbursements 5,000 1,667 - 3,333 33.3% 1,667
Miscellaneous 60,000 45,531 - 14,469 75.9% 25,712
TOTAL REVENUES 3,226,802 1,098,447 - 2,128,355 34.0% 996,898

EXPENSES
Salaries & Benefits 1,698,636 471,209 - 1,227,426 27.7% 482,004 Materials, Supplies & Services 1,463,788 464,792 324,853 674,143 53.9% 423,430 Special Projects 64,994 22,335 45,570 (2,911) 104.5% 21,545 Capital Outlay Transfers 1,467 489 - 978 33.3% 978
Equipment 7,884 499 - 7,385 6.3% -
Capitalized Fixed Assets 30,275 - 30,275 - 100.0% 8,966 Appropriated Reserve 15,000 - - 15,000 0.0% -
TOTAL EXPENSES 3,282,043 959,324 400,697 1,922,022 41.4% 936,923 Revenue Less Expense (55,241) 139,123 (400,697) 206,333 59,975

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

FLEET MAINTENANCE FUND

Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD

REVENUES
Insurance Premiums 7,658,599 2,552,866 - 5,105,733 33.3% 1,364,351 Workers' Compensation Premiums 4,572,008 1,523,086 - 3,048,922 33.3% 1,388,033 OSH Charges 292,974 97,658 - 195,316 33.3% 96,743
Unemployment Insurance Premium 427,559 136,755 - 290,804 32.0% 92,510 Investment Income 40,800 4,663 - 36,137 11.4% 9,711
Miscellaneous - - - - 0.0% 643
Operating Transfers-In 75,825 25,275 - 50,550 33.3% 25,275 TOTAL REVENUES 13,067,765 4,340,304 - 8,727,461 33.2% 2,977,266

EXPENSES
Salaries & Benefits 928,263 252,865 - 675,398 27.2% 255,310 Materials, Supplies & Services 13,275,041 3,823,445 459,980 8,991,617 32.3% 3,171,595 Capital Outlay Transfers 409 136 - 273 33.3% 273
TOTAL EXPENSES 14,203,713 4,076,446 459,980 9,667,287 31.9% 3,427,178 Revenue Less Expense (1,135,948) 263,857 (459,980) (939,825) (449,912) The Self Insurance Trust Fund is an internal service fund of the City, which accounts for the cost of providing workers' compensation, property and liability insurance as well as unemployment insurance and certain self-insured employee benefits on a city-wide basis. Internal Service Funds charge other funds for the cost of providing their specific services.

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

SELF INSURANCE TRUST FUND

Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD

REVENUES
Service charges 5,061,982 1,683,813 - 3,378,169 33.3% 1,495,328 Operating Transfers-In 200,000 - - 200,000 0.0% -
TOTAL REVENUES 5,261,982 1,683,813 - 3,578,169 32.0% 1,495,328

EXPENSES
Salaries & Benefits 3,420,556 832,569 - 2,587,987 24.3% 780,404 Materials, Supplies & Services 1,612,951 945,940 92,755 574,256 64.4% 950,157 Special Projects 200 - 632 (432) 316.0% 9,206
Capital Outlay Transfers 111,677 37,226 - 74,451 33.3% 60,709 Equipment 12,640 1,238 12,860 (1,458) 111.5% 1,619
TOTAL EXPENSES 5,158,024 1,816,972 106,248 3,234,804 37.3% 1,802,096 Revenue Less Expense 103,958 (133,159) (106,248) 343,365 (306,768) NOTE-These figures reflect the operating fund only. Though the capital fund is excluded, the current year contribution from the operating fund is shown in the Capital Transfers.

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

INFORMATION TECHNOLOGY FUND

Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD

REVENUES
Leases - Commercial 2,000,000 962,586 - 1,037,414 48.1% 973,059 Leases - Food Service 3,100,000 1,467,424 - 1,632,576 47.3% 1,359,117 Slip Rental Fees 5,070,940 1,724,871 - 3,346,069 34.0% 1,629,554 Visitors Fees 750,000 243,101 - 506,899 32.4% 317,385
Slip Transfer Fees 1,100,000 450,325 - 649,675 40.9% 537,875 Parking Revenue 3,254,325 1,477,688 - 1,776,637 45.4% 1,107,613 Wharf Parking 220,000 120,449 - 99,551 54.7% 109,194
Other Fees & Charges 252,630 95,193 - 157,437 37.7% 94,973 Investment Income 112,700 64,644 - 48,056 57.4% 31,973
Rents & Concessions 392,316 155,811 - 236,505 39.7% 143,714 Miscellaneous 783,220 357,327 - 425,893 45.6% 77,362
TOTAL REVENUES 17,036,131 7,119,419 - 9,916,713 41.8% 6,381,820

EXPENSES
Salaries & Benefits 8,297,772 2,362,147 - 5,935,624 28.5% 2,473,689 Materials, Supplies & Services 6,062,350 1,737,680 935,710 3,388,961 44.1% 1,478,733 Special Projects 296,875 80,630 15,509 200,736 32.4% 67,055 Debt Service 2,036,965 1,467,316 - 569,649 72.0% 1,467,989 Capital Outlay Transfers 2,000,000 666,667 - 1,333,333 33.3% 36,471 Equipment 147,075 8,315 525 138,235 6.0% 15,629
Capitalized Fixed Assets 83,840 - 36,643 47,197 43.7% - Other 2,375 - - 2,375 0.0% -
Appropriated Reserve 100,000 - - 100,000 0.0% -
TOTAL EXPENSES 19,027,251 6,322,754 988,386 11,716,111 38.4% 5,539,567 Revenue Less Expense (1,991,119) 796,664 (988,386) (1,799,398) 842,253

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

WATERFRONT OPERATING FUND
NOTE - These figures reflect the operating fund only. Though the capital fund is excluded, the current year contribution from the operating fund is shown in the Capital Transfers.

Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD

REVENUES
Service Charges 34,000,000 9,815,136 - 24,184,864 28.9% - Investment Income - - - - 0.0% 73
Operating Transfers-In - - - - 0.0% 397,193
TOTAL REVENUES 34,000,000 9,815,136 - 24,184,864 28.9% 397,266

EXPENSES
Salaries & Benefits 177,610 56,767 - 120,843 32.0% 36,474 Materials, Supplies & Services 31,800,411 6,672,931 1,148,514 23,978,966 24.6% 205,572 Special Projects 1,110,847 298,639 51,421 760,787 31.5% 21,085 Other 311,368 - - 311,368 0.0% -
TOTAL EXPENSES 33,400,235 7,028,337 1,199,935 25,171,963 24.6% 263,130 Revenue Less Expense 599,765 2,786,798 (1,199,935) (987,099) 134,136

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

SANTA BARBARA CLEAN ENERGY FUND

Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD

REVENUES
Service charges 2,552,568 850,856 - 1,701,712 33.3% 789,690 Grants - - - - 0.0% 169,600
Miscellaneous - - - - 0.0% 1
TOTAL REVENUES 2,552,568 850,856 - 1,701,712 33.3% 959,291

EXPENSES
Salaries & Benefits 691,985 181,025 - 510,960 26.2% 153,165 Materials, Supplies & Services 1,997,753 388,608 146,130 1,463,016 26.8% 268,295 Special Projects 127,778 - 51,744 76,034 40.5% 6,665
Debt Service 24,140 8,047 - 16,093 33.3% 8,047
Capital Outlay Transfers 435 145 - 290 33.3% 33,623
Equipment 2,000 - - 2,000 0.0% -
Capitalized Fixed Assets 78,600 - 78,600 - 100.0% -
TOTAL EXPENSES 2,922,691 577,825 276,473 2,068,393 29.2% 469,794 Revenue Less Expense (370,123) 273,031 (276,473) (366,681) 489,497 NOTE-These figures reflect the operating fund only. Though the capital fund is excluded, the current year contribution from the operating fund is shown in the Capital Transfers.

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For the Four Months Ended October 31, 2022 (33.3% of Fiscal Year)

ENERGY AND CLIMATE MANAGEMENT FUND

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: December 13, 2022
TO: Mayor and Councilmembers
FROM: Engineering Division, Public Works Department
SUBJECT: Update on Implementation of Small Wireless Facility Ordinance RECOMMENDATION:

That Council receive an update on the status of the implementation of the Small Wireless Facility Ordinance (Municipal Code Chapter 9.170) and application activity.

DISCUSSION:

City Council passed the Small Wireless Facility (SWF) ordinance on December 14, 2021.

The SWF ordinance is now in full effect. During deliberations on final ordinance revisions, Council requested an update one year into the ordinance’s implementation. This report provides this requested status update.

Webpage
During the SWF ordinance process, it became apparent that a dedicated City of Santa Barbara (City) webpage was required to:

1. Educate the public on SWFs, including their purpose and what authority the City has and does not have regarding their design and location.

2. Show pending applications/plans during a short City review period.

3. Provide contact information and additional resources for interested residents.

The webpage is now live at www.santabarbaraca.gov/swf and staff will continue to improve and maintain it as they process new applications.

Application Form and Checklist
The application form and checklist have not changed since the ordinance’s adoption. Staff posted the form and checklist to the City’s website in October 2022, and will amend the documents as needed with design and location standards. The next crucial step is to work on a model design standard with our aesthetic boards.

Agenda Item No. 16
File Code No.

Council Agenda Report
Update on Implementation of Small Wireless Facility Ordinance December 13, 2022

Public Noticing
City staff developed public notice templates for mailing at the time of application submittal (Attachment 1) and approval (Attachment 2). The SWF ordinance requires these notices, which should assist in letting adjacent property owners know what is coming and provide feedback to City staff where possible.

Peer and Independent Consultant Radiofrequency Review
The SWF ordinance directed Public Works to obtain the services of a third-party consultant to assist City staff in areas outside their expertise and to participate in any application appeals to Council. Public Works contracted with Hammett & Edison, Inc., Consulting Engineers (Hammett & Edison) for these services in July 2022.

Hammett & Edison spot-tested six random SWF sites throughout the community for compliance with the Federal Communications Commission’s safety requirements for radiofrequency (RF) emissions. They found five out of six to be compliant; the remaining site was not active. Therefore, it was not in violation. The spot tests were helpful in understanding compliant sites. The reports are available to the public on the City’s website at www.santabarbaraca.gov/sites/default/files/2022- 10/2022%20City%20of%20Santa%20Barbara%20Compliance%20Reports%20%286% 20nodes%29.pdf. Hammett & Edison remains under City contract and is planning a training with Public Works staff on review and inspection topics.

Application Activity and Next Steps
During 2022, Public Works received two SWF applications that staff did not process according to the new ordinance because it was not in full effect until October 2022. A complete list of SWF activity is provided in Attachment 3. Of the twenty total SWF applications on the list, ten are new sites and ten are modifications to existing sites. The list does not include previous site installations and indicates that 2022 was a slow year with two applications as opposed to 18 in 2021 and 10 in 2020.

City staff will review and process all future applications according to the new SWF ordinance. Once enough applications are processed, City staff can provide an update to Council on the ordinance’s effectiveness.

BUDGET/FINANCIAL INFORMATION:

Review and inspection of SWFs are handled as permit fees/cost recovery. It is too early to determine if the City is adequately recovering costs under the new ordinance. The RF spot test cost is $2,600, plus City staff time. Based on the compliant results and the fact that the test is not reimbursable as an application fee, City staff do not plan to perform additional random tests at this time.

Council Agenda Report
Update on Implementation of Small Wireless Facility Ordinance December 13, 2022

ATTACHMENTS: 1. Public Notice Template at Time of Application

2. Public Notice Template at Time of Approval

3. Small Wireless Facility Application List
PREPARED BY: Adam Hendel, P.E., Principal Engineer/rl
SUBMITTED BY: Clifford M. Maurer, P.E., Public Works Director APPROVED BY: City Administrator’s Office

NOTICE TO NEIGHBOR
The City of Santa Barbara Public Works Director will make a decision on a small wireless facility application that may affect your property or neighborhood. Scan the QR code below for more information on this application type: Adjacent Property Address: City Street Block: Application Number: PBW202X- Notice Mailed: Within 10 days of application Applicant / Public Utility: / Project Description: Insert single-line description here Staff Contact: First Name Last Name, [email protected], (805) XXX-XXXX Approval Date: Day of Week, Month Date, 202X at 4:30 PM - 29 shot clock days from complete application Findings Required: The decision to issue a permit is based upon compliance with Chapter 9.170 of the Municipal Code including: Location Standards and Design Standards - not prohibition.

City of Santa Barbara Public Works Department PO Box 1990 Santa Barbara, CA 93102-1990

EXAMPLE
ATTACHMENT 1
1 PROCEDURAL STEPS
The City wants to keep you informed of public utility changes in your neighborhood. To learn more about this application, including appeal procedures, go to SantaBarbaraCA.gov/SWF. Site plans are available on this webpage under the adjacent property address. All reasonable accommodations will be made for persons with disabilities.

COMMENT/SHARE INFORMATION Small wireless facility permits are primarily a ministerial approval based upon pre-published Standards. As such, City staff at this step are looking for information (likely location-related) that may make the application not compliant. City staff are also happy to receive public comment. This application is currently at this step.

SECOND NOTICE Another notice will be mailed at the time the permit is issued or application approved. In general, this must occur within 29 days from a filed application.

CONSTRUCTION The building of the small wireless facility may commence soon after approval or it may take year(s) before the public utility/cell phone carrier builds out the site. You will be informed just prior to construction of any immediate construction impacts.

DID YOU KNOW: Small wireless facilities. The Federal Communication Commission has jurisdiction over the deployment of this technology. The health effects of radiofrequency emission is outside local control. 3 2
1 EXAMPLE
ATTACHMENT 1
2 NOTICE TO NEIGHBOR
The City of Santa Barbara Public Works Director has approved a small wireless facility application in your neighborhood. Scan the QR code below for more information on this application type: Adjacent Property Address:

City Street Block: Application Number: PBW202X- Notice Mailed: Within 5 days of decision Applicant / Public Utility: / Project Description: Insert single-line description here Staff Contact: First Name Last Name, [email protected], (805) XXX-XXXX Approval Date: Day of Week, Month Date, 202X – Appeals must be received within 7 days of this date.

Findings Required: The decision to issue a permit was based upon compliance with Chapter 9.170 of the Municipal Code including: Location Standards and Design Standards.

City of Santa Barbara Public Works Department PO Box 1990 Santa Barbara, CA 93102-1990

EXAMPLE
ATTACHMENT 2

PROCEDURAL STEPS
The City wants to keep you informed of public utility changes in your neighborhood. To learn more about this application, including appeal procedures, go to SantaBarbaraCA.gov/SWF. Site plans are available on this webpage under the adjacent property address. All reasonable accommodations will be made for persons with disabilities.

COMMENT/SHARE INFORMATION Small wireless facility permits are primarily a ministerial approval based upon pre-published Standards. This step has been completed with Public Works approval.

SECOND NOTICE Another notice is being mailed at the time the permit is issued or application approved. This application is currently at this step and is approved. Appeals may be received at the City Clerk’s Office within 7 days of the approval date with payment of $805 fee.

CONSTRUCTION The building of the small wireless facility may commence soon after approval or it may take year(s) before the public utility/cell phone carrier builds out the site. You will be informed just prior to construction of any immediate construction impacts.

DID YOU KNOW: Small wireless facilities. The Federal Communication Commission has jurisdiction over the deployment of this technology. The health effects of radiofrequency emission is outside local control. 3 2
1 EXAMPLE
ATTACHMENT 2
11/17/2022
Small Wireless Facility Application List
New Sites Modifications To Existing Sites
10 10
Record ID Record Status Block Address Description
PBW2019‐01398 Returned to Applicant 750 SHORELINE DR Replace (E) City Street Light Standard w/ (N) Street Light on (N) foundation for installation of SCF Pole-top antenna & equipment shroud, 3 - Pull boxes and 35' trenching for conduit per City Construction Standard Details U-01.0, U-01.1, U-01.2 and U-04.0. Temporary Traffic Controls in conformance with 2014 CA MUTCD shall be a separate deferred permit submittal.

PBW2019‐01402 Returned to Applicant 400 SHORELINE DR Replace (E) City Street Light Standard #2025 w/ (N) Street Light on (N) foundation for installation of SCF Poletop antenna & equipment shroud, 3 - pull boxes and 30' 6" trenching per City Construction Standard Details U01.0, U-01.1, U-01.2 and U-04.0. Temporary Traffic Controls in conformance with 2014 CA MUTCD shall be a separate deferred permit submittal, issued a minimum of 72 hours prior to commencement of any work in the Public right-of-way.

PBW2019‐01404 Ready To Issue 100 CASTILLO ST ** RE-ISSUANCE EQUIRED ** Trench in Public right-of-way Parkway for 13' conduit and hand hole placement for the installation of SCF on (E) utility pole #1664688E. Temporary Traffic Control in conformance with 2014 CA MUTCD shall be a separate deferred permit submittal to be issued a minimum of 72 hours prior to commencement of any work in the PROW.

PBW2019‐01406 Plan Review 100 S QUARANTINA ST Replace (E) City Street Light Standard #1717 w/ (N) Street Light on (N) foundation for installation of SCF Poletop antenna and equipment shroud, 3 - pull boxes and 30' 6" trenching per City Construction Standard Details U-01.0, U-01.1, U-01.2 and U-04.0. Temporary Traffic Controls in conformance with 2014 CA MUTCD shall be a separate deferred permit submittal, issued a minimum of 72 hours prior to any work in the Public right-of-way.REVISION #2: Temporary Traffic Control per 2014 CA MUTCD TA-6 Work on Shoulder for testing of pole mounted equipment.Initial Description of work: Trench in Public right-of-way Parkway for 33' 6" conduit and 3 - hand hole placements for the installation of Pole-top antenna/equipment shroud SCF on (N) utility pole replacing (E) utility pole (undetermined #). Temporary Traffic Control in conformance with 2014 CA MUTCD and prepared plans.

PBW2019‐02374 Ready to Issue 170 SUMMIT RD Construct 167' trenching per U-01.0, U-01.1, U-01.2, U-01.3, U-02.0, U-02.1, U-03.2, U-06.0, 20' Curb & Gutter per H-01.0 & H-02.0, 2 - 17"x30" pull boxes (power), 1 - 10"x15" pull box (fiber), R&R (E) 30' (25' AGL) JPA pole w/ (N) 30' AGL replacement for the installation of (N) SCF extension arm mounted Antenna and associated equipment. Temporary Traffic Control per 2014 CA MUTCD and prepared plans.

AT&T MOBILITY CORPORATION
PBW2019‐01409 Issued 200 W COTA ST
ATTACHMENT 3 1
PBW2019‐02376 Returned to Applicant 60 ALAMEDA PADRE SERRA Trench approximately 33' per City Construction Standard Details U-01.0, U-01.1, U-01.2, U-01.3, U-02.0, U02.1, U-03.2, U-06.0 and set pull box (R&R Sidewalk) for placement of fiber conduit to (N)(replaced) JPA pole for placement of Small Cell Facility and equipment. Temporary Traffic Control per 2014 CA MUTCD and prepared plans.

PBW2020‐01254 Issued 400 LAS POSITAS RD Temporary Traffic Controls per 2014 CA MUTCD Work on Shoulder in Las Positas Road / Cliff Drive Roundabout for installation replacement of (3) existing panel antennas for (3) new model antennas, Install (3) new RRUS8843 at the antenna level. Remove and replace power equipment in the existing equipment vault. No construction within the PROW.

PBW2021‐02187 Returned to Applicant 1311 LAS POSITAS RD AT&T is proposing to swap out existing light pole for new City approved pole for a wireless modification. SOW:

Remove 2 existing antennas and replace with 2 new model antennas. Install 2 TMA's on the light pole 1 per sector. Remove (2) existing RRU's and replace with New model RRU's. Upgrade Power equipment.

ATTACHMENT 3 2
Record ID Record Status Block Address Description
PBW2019‐02490 Issued 1500 CRESTLINE DR Construct 5/ 8" x 8' ground rod for the installation of SCF on (N) replacement ((E)30' to (N) 35') wood utility pole from 4/23/20 to 5/5/20. Temporary Traffic Control per 2014 CA MUTCD Lane Shift. Post "Tow Away No Parking" signs a minimum of 72 hours prior to commencement of any work in the Public right-of-way. Contact Parking Enforcement at 805-897-3827 upon completion of posting.

PBW2020‐00474 Issued 1444 CLIFF DR Construct replacement of sidewalk per City Construction Standard Details H-01.0, H-06.0 for the installation of ground rod for a (N) SCF installation on (E) wood utility pole. Temporary Traffic Controls per 2014 CA MUTCD and Stamped Approved prepared plans with redlines for shoulder work and Pedestrian Crossing with Flaggers at both approaches.

PBW2021‐00563 Returned to Applicant 350 HITCHCOCK WAY Construct replacement of (E) City Concrete Type A Street Light w/ SCF Type A Street Light Pole, trenching, sidewalk R&R, and restoration of Hitchcock Ave. roadway, for the installation of: power conduit in road & sidewalk, 4 Handholes in sidewalk and ground rod in support of SCF ATTSBW32m1 antenna installation and supporting equipment on SCF Street Light Pole. SCE to install power service.

PBW2021‐01509 Ready to Issue 555 N HOPE AVE · (1) NEW OMNI ANTENNA ON STRANISTER MOUNT · (1) NEW VERTICAL GROUND ROD · (2) NEW RRU · UPGRADE EXISTING GROUND CABINET TO A DOUBLE WIDE GROUND · UPGRADE EXISTING CABINET MOUNTED LOAD CENTER · REMOVE (2) EXISTING OMNI WHIP ANTENNAS PBW2021‐01511 Ready to Issue 503 ALSTON RD · (1) NEW OMNI ANTENNA ON STRANISTER MOUNT · (1) NEW VERTICAL GROUND ROD · (2) NEW RRU · UPGRADE EXISTING CABINET TO A DOUBLE WIDE CABINET · UPGRADE EXISTING CABINET MOUNTED LOAD CENTER · REMOVE (2) EXISTING OMNI WHIP ANTENNAS PBW2021‐01512 Issued 849 CAMINO VIEJO RD Temporary Traffic Control per 2014 CA MUTCD and prepared plans for the installations of NEW OMNI ANTENNA ON STRANISTER MOUNT, (1) NEW VERTICAL GROUND ROD, (1) NEW EQUIPMENT SHROUD, (2) NEW RRU, UPGRADE EXISTING GROUND CABINET TO A DOUBLE WIDE GROUND, UPGRADE EXISTING CABINET MOUNTED LOAD CENTER, REMOVE (2) EXISTING OMNI WHIP ANTENNAS.

PBW2021‐01510 Issued 1903 BARKER PASS RD Temporary Traffic Controls in conformance with 2014 CA MUTCD and approved plans for the installations of:
(1) NEW OMNI ANTENNA ON STRANISTER MOUNT, (1) NEW VERTICAL GROUND ROD, (2) NEW RRU, UPGRADE EXISTING CABINET TO A DOUBLE WIDE CABINET, UPGRADE CABINET MOUNTED LOAD CENTER, REQUEST NEW SERVICE TO EXISTING EMPTY METER SOCKET, REMOVE (3) EXISTING OMNI WHIP ANTENNAS.

PBW2021‐01513 Issued 925 ALSTON RD Temporary Traffic Control per 2014 CA MUTCD and prepared plans for updated installation of (N) Omni Antenna, removal of (E) Antennas and related equipment on (E) Utility pole located alongside Private Road.

CROWN CASTLE
ATTACHMENT 3 3
PBW2021‐01514 Issued 954 W CARRILLO ST Construct the installation of 1 - (N) Equipment shroud for 2 - (N) RRU's on (E) utility wall, upgrade equipment, Remove 2 - Omni Whip Antenna and replace with 1 - Commscope Omni Antenna on Stanister Mount, and install 1 - (N) Ground Rod. Temporary Traffic Control in compliance with 2014 CA MUTCD and approved plans shall be in place during all site work for this permit.Contractor to install on (E) Utility pole: 1) NEW OMNI ANTENNA, (1) NEW EQUIPMENT SHROUD, (2) NEW RRU, (1) NEW VERTICAL GROUND ROD, UPGRADE EXISTING POLE MOUNTED DISCONNECT WITH NEW PDC MICRO SERIES LOAD CENTER W/ 2(15AMP) BREAKERS;REMOVE (3) EXISTING OMNI WHIP ANTENNAS.Temporary Traffic Control per 2014 CA MUTCD and prepared plans for Shoulder work.Work dates and times: 6/15/2022 to 6/22/2022, 7:00 AM to 5:00 PM, No Saturday or Sunday Work PBW2021‐01624 Issued 1403 MOUNTAIN VIEW RD Temporary Traffic Controls in conformance with 2014 CA MUTCD and approved plans for the installations of:
(1) NEW OMNI ANTENNA ON STRANISTER MOUNT, (1) NEW VERTICAL GROUND ROD, (2) NEW RRU, UPGRADE EXISTING CABINET TO A DOUBLE WIDE CABINET, UPGRADE CABINET MOUNTED LOAD CENTER, REQUEST NEW SERVICE TO EXISTING EMPTY METER SOCKET, REMOVE (3) EXISTING OMNI WHIP ANTENNAS.

PBW2021‐01622 Issued 3674 FOOTHILL RD
ATTACHMENT 3 4

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: December 13, 2022
TO: Mayor and Councilmembers
FROM: City Clerk’s Office
SUBJECT: Special Recruitment for City Advisory Groups, Planning Commission and Other Commissions, if needed
RECOMMENDATION: That Council:

A. Authorize and direct the City Clerk’s office to accept applications through January 9, 2023 at 5:00 p.m. to fill vacancies on Boards and Commissions; B. Direct scheduling of City Council interviews of applicants for vacancies on Tuesday, January 24, 2023; and
C. Direct scheduling of City Council appointments to fill the vacancies on Tuesday, January 31, 2023.

PREPARED BY: Niko Lopez, Deputy City Clerk
SUBMITTED BY: Rebecca Bjork, City Administrator
APPROVED BY: City Administrator's Office
Agenda Item No. 17
File Code No.

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: December 13., 2022
TO: Mayor and Councilmembers
FROM: City Administrator’s Office
SUBJECT: Annual Presentation from Visit Santa Barbara
RECOMMENDATION:

That Council receive a presentation from Visit Santa Barbara.

DISCUSSION:

Council will receive a presentation from Visit Santa Barbara, which will provide a look back on the Fiscal Year 2022 industry performance and a look ahead to Visit Santa Barbara’s sales and marketing plans.

PREPARED BY: Brandon Beaudette, Senior Assistant to the City Administrator SUBMITTED BY: Rebecca Bjork, City Administrator
APPROVED BY: City Administrator's Office
Agenda Item No. 18
File Code No.

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: December 13, 2022
TO: Mayor and Councilmembers
FROM: City Clerk’s Office, City Administrator’s Office
SUBJECT: Appointments to the Fire and Police Commission RECOMMENDATION: That Council:

A. End the terms of service for current members of the Fire and Police Commission as of December 13, 2022; and
B. Appoint five new members to the Fire and Police Commission with two members Serving until December 31, 2024, and three members serving until December 31, 2026.

DISCUSSION:

On October 18, 2022, the City Council approved an Ordinance that assigned additional civilian police oversight duties to the Board of Fire and Police Commissioners and authorized the City Clerk’s Office to facilitate a special recruitment of members to the Fire and Police Commission. As a result, there are five vacancies on the Fire and Police Commission. On December 6, 2022, the Council interviewed applicants for these vacancies.

The Guidelines for the City of Santa Barbara Advisory Groups, Resolution No. 13-006, states that applicants are required to appear for an interview before the City Council.

The names of applicants failing to appear for an interview are removed from the list of persons eligible for appointment. Attached is a list of applicants eligible for appointment.

The appointments to the Fire and Police Commission are effective January 1, 2023.

ATTACHMENTS: List of Eligible Applicants
PREPARED BY: Barbara Andersen, Senior Assistant to the City Administrator SUBMITTED BY: Rebecca Bjork, City Administrator
APPROVED BY: City Administrator’s Office
Agenda Item No. 19
File Code No. 140.05

ATTACHMENT
1 Fire and Police Commission Recruitment 2022

FIRE AND POLICE COMMISSION
 Five vacancies
 Term Expiration: Two members on December 31, 2024; Three members on December 31, 2026  Qualifications/Category: Members must be qualified electors of the City.  Cannot be an individual or attorney who represents a person or entity with a pending claim or lawsuit against the Fire or Police Department, or any of their officers or employees. If an individual ends up representing a person or entity against either of the Departments during their term, the individual is required to resign from the Commission.
 Cannot be any current or former law enforcement officer or firefighter, or where relevant or comparable any member of the public, who has a sustained finding of serious misconduct made by any law enforcement agency, independent investigator contracted by a public agency, or court.  Appointees may not hold any full-time paid office or employment in City government.

CATEGORY
(Number of
Vacancies)

APPLICANT
Incumbent
Appt. Dates
(Years Served)
Notes
Rachel Bishar n/a Qualified elector of City
Walter Scott Burns n/a Qualified elector of City
Linda Esparza Dozer n/a Qualified elector of City
Paul E. Hannah III n/a Qualified elector of City
Daniel Robert Herlinger n/a Qualified elector of City
Gary Jon Hill n/a Qualified elector of City
Glen H. Hodges n/a Qualified elector of City
Qualified elector (5)
Robert C. Meltzer n/a Qualified elector of City
2 Lizzie Rodriguez
12/11/2018
4 years Qualified elector of City
Raymond L. Szabo n/a Qualified elector of City
John Joseph Thyne n/a Qualified elector of City
Tracy C. Trotter n/a Qualified elector of City
Ana Alicia Zepeda n/a Qualified elector of City