Santa Barbara City Council
September 26, 2023

CITY OF SANTA BARBARA

CITY COUNCIL
Randy Rowse
Mayor
Rebecca Bjork
City Administrator
Alejandra Gutierrez
Mayor Pro Tempore
Oscar Gutierrez
Ordinance Committee Chair
Sarah J. Knecht
City Attorney
Eric Friedman
Finance Committee Chair
Meagan Harmon
Mike Jordan
Kristen W. Sneddon
City Hall
735 Anacapa Street
http://www.SantaBarbaraCA.gov
SEPTEMBER 26, 2023, 2:00 PM
AGENDA
IN-PERSON PUBLIC COMMENT: At the beginning of each meeting of the City Council, Finance Committee, or Ordinance Committee, any member of the public may address the City Council concerning any item not on the Council's agenda. Any person wishing to make such address should first complete and deliver a "Request to Speak" form prior to the time that public comment is taken up by the City Council. Each speaker will be given a total of 3 minutes to address the Council. Pooling of time is not allowed during general public comment. The time allotted for general public comment at the beginning of the 2:00 p.m. session is 30 minutes.

Any member of the public who did not speak during the 2:00 p.m. session but who submitted a request to do so during the 2:00 p.m. 30 minute session may do so at the end of the meeting when the additional “Public Comment (If Necessary)” is announced. The City Council, upon majority vote, may decline to hear a speaker on the grounds that the subject matter is beyond their jurisdiction.

REMOTE PUBLIC COMMENT: Members of the public wishing to speak must “raise their hand” in the Zoom platform by selecting the virtual hand icon when their item is called. The keyboard shortcut for this is Alt+Y for Windows and Option+Y for Macs. City staff will activate the speaker’s microphone when the speaker’s name is called. The speaker will then need to unmute themselves. The keyboard shortcut for this is Alt+M for Windows or Command-Shift-A for Macs.

HOW TO REMOTELY OBSERVE AND/OR SPEAK LIVE AT A MEETING
• Web: https://santabarbaraca-gov.zoom.us/webinar/register/WN_6qBzhd1OQ_iNFgvfSw-R0Q (Participation via Zoom)
• Telephone: Dial 1-669-900-6833, Enter Webinar ID: 859 7587 0615 (press *9 to raise/lower hand; press *6 to mute/unmute) • Online Streaming: Council meetings are streamed live at www.SantaBarbaraCA.gov/CAP • TV: Each regular City Council meeting is broadcast live in English and Spanish on City TV Channel 18 and rebroadcast in English on Wednesdays and Thursdays at 7:00 p.m. and Saturdays at 8:00 a.m., and in Spanish on Sundays at 3:00 p.m.

Each televised Council meeting is closed captioned for the hearing impaired. Check the City TV program guide at www.santabarbaraca.gov/citytv for rebroadcasts of Finance and Ordinance Committee meetings.

WRITTEN PUBLIC COMMENT: Public comments may also be submitted via email to [email protected] prior to the beginning of the Council Meeting. All public comments submitted via email will be provided to City Council and will become part of the public record.

ORDER OF BUSINESS: Regular meetings of the Finance Committee and the Ordinance Committee begin at 12:00 p.m. The regular City Council meeting begins at 2:00 p.m. in the Council Chambers at City Hall. (CONTINUED ON NEXT PAGE)
REPORTS: Copies of the reports relating to agenda items are available for review at http://www.SantaBarbaraCA.gov/CAP.In accordance with state law requirements, this agenda generally contains only a brief general description of each item of business to be transacted or discussed at the meeting. Should you wish more detailed information regarding any particular agenda item, you are encouraged to obtain a copy of the Council Agenda Report (a "CAR") online at the City's website (http://www.SantaBarbaraCA.gov/CAP). Materials related to an item on this agenda submitted to the City Council after distribution of the agenda packet are posted to the City’s website as soon as reasonably feasible.

CONSENT CALENDAR: The Consent Calendar is comprised of items that will not usually require discussion by the City Council. A Consent Calendar item is open for discussion by the City Council upon request of a Councilmember, City staff, or member of the public. Items on the Consent Calendar may be approved by a single motion. Should you wish to comment on an item listed on the Consent Agenda, after turning in your "Request to Speak" form, you should come forward to speak or raise your hand in Zoom at the time the Council considers the Consent Calendar.

SPANISH INTERPRETATION: If you need interpretation of your communications to Council from Spanish into English, please contact the City Clerk’s Office at 564-5309 or by email at [email protected]. If possible, notification of at least 48 hours will usually enable the City to make arrangements.

INTERPRETACIÓN EN ESPAÑOL: Si necesita una interpretación del español al inglés, para sus comunicaciones al Consejo, comuníquese con la Oficina del Secretario Municipal al 564-5309, o por correo electrónico a [email protected]. Si es posible, la notificación de al menos 48 horas generalmente permitirá a la Ciudad hacer los arreglos.

AMERICANS WITH DISABILITIES ACT: If you need auxiliary aids or services or staff assistance to attend or participate in this meeting, please contact the City Administrator's Office at 564-5305 or by email at [email protected]. If possible, notification at least 48 hours prior to the meeting will usually enable the City to make reasonable arrangements. For those who need accessibility accommodation in using the “raise hand” function and/or registering to participate in the Zoom session, please contact the Clerk’s office by 5:00 p.m. the day before the meeting for assistance. Additionally, a speaker may email [email protected] by 5:00 p.m. the day before a meeting, stating which item they wish to speak on. Specialized services, such as sign language interpretation or documents in Braille, may require additional lead time to arrange. 09/26/2023 Santa Barbara City Council Final Agenda Page 1 SEPTEMBER 26, 2023 AGENDA
FINANCE COMMITTEE MEETING - 12:00 P.M. IN THE DAVID GEBHARD PUBLIC MEETING ROOM, 630 GARDEN STREET (120.03)
Subject: Fiscal Year 2023 Fourth-Quarter Review (120.03) Recommendation: That Finance Committee:

A. Receive a report from staff on the status of revenues and expenditures in relation to budget for the twelve months ended June 30, 2023;
B. Accept the Fiscal Year (FY) 2023 Interim Financial Statements for the twelve months ended June 30, 2023; and
C. Recommend that Council approve proposed Fourth Quarter (Q4) adjustments to FY 2023 appropriations and estimated revenues as detailed in the attached schedule of Proposed Q4 adjustments.
09/26/2023 Santa Barbara City Council Final Agenda Page 2 REGULAR CITY COUNCIL MEETING – 2:00 P.M.

CALL TO ORDER

PLEDGE OF ALLEGIANCE

ROLL CALL

CHANGES TO THE AGENDA

CONSENT CALENDAR

1. Subject: Amendment to Section 16.04.120, Local Limitations on Wastewater Strength of Municipal Code Title 16, Liquid and Industrial Waste Disposal [Ordinance Adoption] (540.13)
Recommendation: That Council adopt, by reading of title only, an Ordinance of the Council of the City of Santa Barbara Amending the Santa Barbara Municipal Code by Amending Section 16.04.120 Relating to Local Limitations on Wastewater Strength.

2. Subject: Resolution Denying the Appeal and Upholding the Decision of the Planning Commission Regarding 125 and 145 S. Calle Cesar Chavez and 110 and 114 S. Quarantina Street [Resolution] (640.07)
Recommendation: That Council adopt, by reading of title only, a Resolution of the Council of the City of Santa Barbara Denying the Appeal and Upholding the Decision of the Planning Commission Granting Approval of a Coastal Development Permit at 125 and 145 South Calle Cesar Chavez and 110 and 114 South Quarantina Street.

3. Subject: August 2023 Investment Report (260.02)
Recommendation: That Council accept the August 2023 Investment Report.

4. Subject: Fiscal Year 2024 Interim Financial Statements for the One Month Ended July 31, 2023 (250.02)
Recommendation: That Council accept the Fiscal Year 2024 Interim Financial Statements for the one month ended July 31, 2023.
09/26/2023 Santa Barbara City Council Final Agenda Page 3

5. Subject: Fiscal Year 2023 Fourth-Quarter Review (230.05) Recommendation: That Council:

A. Receive a report from staff on the status of revenues and expenditures in relation to budget for the twelve months ended June 30, 2023; B. Accept the Fiscal Year (FY) 2023 Interim Financial Statements for the twelve months ended June 30, 2023; and
C. Approve proposed Fourth Quarter (Q4) adjustments to FY 2023 appropriations and estimated revenues as detailed in the attached schedule of Proposed Q4 adjustments.

6. Subject: Annual Contract with the Santa Barbara County Office of Arts and Culture [Agreement] (150.04)
Recommendation: That Council authorize the City Administrator to execute an agreement with the Santa Barbara County Office of Arts and Culture in the amount of $451,345, of which $245,175 will be regranted, as approved in the Fiscal Year 2024 adopted budget.

7. Subject: Grant Agreement with South Coast Community Media Access Center, dba TV Santa Barbara [Agreement] (170.01)
Recommendation: That Council authorize the City Administrator to execute a twoyear grant agreement with the South Coast Community Media Access Center for management of the public and educational access television channels in an amount of $297,445 plus an amount for public, educational and government access (PEG) capital expenditures equal to 50% of the actual PEG fees received by the City for Fiscal Year 2024.
09/26/2023 Santa Barbara City Council Final Agenda Page 4

8. Subject: Construction of the Santa Barbara Airport Airfield Markings, Signage, and Lighting Upgrades Project [Agreement] (560.04) Recommendation: That Council:

A. Award a contract with Vellutini Corporation dba Royal Electric Company in their low bid amount of $5,555,555 for construction of the Santa Barbara Airport Airfield Markings, Signage, and Lighting Upgrades Project, Bid No. 4062; and authorize the Public Works Director to execute the contract and approve expenditures up to $555,555 to cover any cost increases that may result from contract change orders for extra work and differences between estimated bid quantities and actual quantities measured for payment; and B. Authorize the Public Works Director to execute a contract with Mead and Hunt, Inc. in the amount of $405,310 for construction administration support and authorize $40,531 for potential extra services.

9. Subject: First Amendment to Agreement for Labor Negotiations [Agreement] (440.03)
Recommendation: That Council approve and authorize the Human Resources Director to execute an amendment to the Labor Relations agreement (Santa Barbara Agreement #22400045) with the Law Firm of Liebert Cassidy Whitmore increasing the contract amount by $23,000, for a total not to exceed $46,000.

10. Subject: Approval of Final Map for 501 Ninos Drive, Dwight Murphy Field (640.08)
Recommendation: That Council approve and authorize the Parks and Recreation Director and City Administrator to execute and record Final Map Number 20,838, relating to the approved lot merger and vacation of unused streets and related actions at 501 Ninos Drive, Dwight Murphy Field.

REPORT FROM THE FINANCE COMMITTEE

PUBLIC COMMENT

PULLED CONSENT ITEMS

COUNCILMEMBER COMMITTEE ASSIGNMENT REPORTS
09/26/2023 Santa Barbara City Council Final Agenda Page 5

CITY COUNCIL ADMINISTRATIVE AND ATTORNEY REPORTS

COMMUNITY DEVELOPMENT DEPARTMENT

PUBLIC HEARINGS

11. Subject: Development Agreement for 400 W. Carrillo Street Residential Building [Ordinance Introduction; Agreement] (640.1)
Recommendation: That Council:

A. Make the findings that the project meets the requirements for a statutory exemption pursuant to California Environmental Quality Act Statute Section 21155.1 [Implementation of the Sustainable Communities Strategy]; and B. Introduce and subsequently adopt, by reading of title only, an Ordinance of the Council of the City of Santa Barbara Approving a Development Agreement for a 63-Unit Residential Building at 400 W. Carrillo Street by and Between the City of Santa Barbara and the Housing Authority of the City of Santa Barbara.

PUBLIC WORKS DEPARTMENT

12. Subject: Continuing the State Street Promenade Pilot Program, Adding Title 31 to the Santa Barbara Municipal Code, and Update on State Street Interim Operations [Ordinance Introduction] (530.04)
Recommendation: That Council:

A. Introduce and subsequently adopt, by reading of title only, an Ordinance of the Council of the City of Santa Barbara Amending the Santa Barbara Municipal Code by Adding Title 31 Relating to the State Street Promenade; and
B. Receive an update on State Street Interim Operations.

COUNCIL AND STAFF COMMUNICATIONS

COUNCILMEMBER ENGAGEMENTS

PUBLIC COMMENT (IF NECESSARY)

ADJOURNMENT

CITY OF SANTA BARBARA

FINANCE COMMITTEE MEETING

MEETING AGENDA
DATE: September 26, 2023 Eric Friedman, Chair
TIME: 12:00 PM Alejandra Gutierrez
PLACE: David Gebhard Public Meeting Room Meagan Harmon
630 Garden Street
Rebecca Bjork Keith DeMartini
City Administrator Finance Director
Members of the public may participate in person or via Zoom. Zoom instructions are below.  Web: (Participation via Zoom)
Register in advance for this webinar:
https://santabarbaraca-gov.zoom.us/webinar/register/WN_la708rMATwiqlTwqUThxag Webinar ID: 836 0178 9517
Passcode: 697226
After registering, you will receive a confirmation email containing information about joining the webinar.
 Telephone: Dial 1-669-900-6833, Enter Webinar ID: 836 0178 9517 (press *9 to raise/lower hand; press *6 to mute/unmute) REMOTE PUBLIC COMMENT: Members of the public wishing to speak must “raise their hand” in the Zoom platform by selecting the virtual hand icon when their item is called. The keyboard shortcut for this is Alt+Y for Windows and Option+Y for Macs. City staff will activate the speaker’s microphone when the speaker’s name is called. The speaker will then need to unmute themselves. They keyboard shortcut for this is Alt+M for Windows or Command-Shift-A for Macs.

For those who need accessibility accommodation in using the “raise hand” function and/or registering to participate in the Zoom session, please contact the Finance Department by 5:00 p.m. the day before the meeting for assistance. Additionally, a speaker may email [email protected] by 5:00 p.m. the day before a meeting, stating the item on which they wish to speak.

File Code No. 120.03
ITEM FOR CONSIDERATION:

Subject: Fiscal Year 2023 Fourth Quarter Review
Recommendation: That Finance Committee:

A. Receive a report from staff on the status of revenues and expenditures in relation to budget for the twelve months ended June 30, 2023;
B. Accept the Fiscal Year (FY) 2023 Interim Financial Statements for the twelve months ended June 30, 2023; and
C. Recommend that Council approve proposed Fourth Quarter (Q4) adjustments to FY 2023 appropriations and estimated revenues as detailed in the attached schedule of Proposed Q4 adjustments.

CITY OF SANTA BARBARA

FINANCE COMMITTEE AGENDA REPORT
AGENDA DATE: September 26, 2023
TO: Finance Committee
FROM: Accounting Division, Finance Department
SUBJECT: Fiscal Year 2023 Fourth-Quarter Review
RECOMMENDATION: That Finance Committee:

A. Receive a report from staff on the status of revenues and expenditures in relation to budget for the twelve months ended June 30, 2023;
B. Accept the Fiscal Year (FY) 2023 Interim Financial Statements for the twelve months ended June 30, 2023; and
C. Recommend that Council approve proposed Fourth Quarter (Q4) adjustments to FY 2023 appropriations and estimated revenues as detailed in the attached schedule of Proposed Q4 adjustments.

DISCUSSION:

Each month, staff presents interim financial statements (Attachment 1) showing the status of revenues and expenditures in relation to budget for City Funds. Each quarter, the interim financial statements are expanded to include a detailed narrative analysis of General Fund and Enterprise Funds (Attachment 2).

In addition to the Q4 budget analysis, staff bring forward recommended adjustments for City Council approval. These adjustments are the result of new information and/or unanticipated events that occurred since the adoption of the budget in June 2022. A listing and description of each proposed FY 2023 adjustment is provided in Attachment 3.

Due to economic uncertainties articulated in the FY 2023 adopted budget, a required budget reduction plan of $1.0 Million was implemented and allocated amongst all General Fund departments. Staff reviewed and consolidated Q4 revenue and expenditure adjustments into the Q4 report for City Council’s approval. For General Fund, budget reduction targets have been met. These reductions help achieve a balanced budget, which mitigates risk.

File Code No. 120.03
Finance Committee Agenda Report
Fiscal Year 2023 Fourth-Quarter Review
September 26, 2023

The table below summarizes the General Fund revenue and expenditure budget including actuals through Q4. The total adopted revenue budget is $184.6 Million and the total adopted expenditure budget is $185.7 Million, resulting in an operating deficit of roughly $1.1 Million. The revised budget includes additional expenditures from encumbrances from prior year contractual commitments, along with any City Council approved adjustments since beginning of the year. There are still several pending adjustments that will have an impact on the bottom line; however, the overall year-end result is materially correct and will only show minor changes moving forward. Q4 adjustments are also not represented in the tables below.

General Fund
FY2023
Adopted
Budget
FY2023
Revised
Budget
Actuals
through Q4
FY2023
Projection
(as of Q4)
Actuals
Percent of
Revised
Budget
Revenues $184,618,453 $185,054,308 $194,818,045 $194,818,046 105.3% Expenditures

185,678,749

201,480,990

191,019,138

193,428,723 94.8%
Manual
Carryforward

2,666,088
Surplus/(Deficit) ($1,060,296) ($16,426,683) $3,798,907 ($1,276,765) Property tax revenue actuals are 6% above revised budget and 9% when comparing FY 2022. Sales tax and TOT leveled off in FY 2023 but still surpassed budgeted expectations.

Staff are projecting a $1.3 Million deficit in the General Fund when factoring in expenditure budgets for actions taken by the City Council during FY 2023 and for commitments into FY 2024.

Staff will collaborate with the City’s auditors in the coming months to prepare and finalize the financial statements, which is scheduled to be presented to the Finance Committee by the end of the calendar year.

ATTACHMENTS: 1. Summary by Fund Statement of Revenues and Expenditures for Twelve Months Ended June 30, 2023

2. Interim Financial Statements for Twelve Months Ended June 30, 2023 (Narrative Analysis)

3. Schedule of Proposed Fourth Quarter Adjustments
PREPARED BY: Jessica Yates, Accounting Supervisor
SUBMITTED BY: Keith DeMartini, Finance Director
APPROVED BY: City Administrator's Office
ATTACHMENT 1
Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD
GENERAL FUND (pages 3-7)
Revenue 185,054,308 194,818,046 503 (9,763,235) 105.3% 201,662,431 Expenditures 201,480,990 191,019,137 2,757,987 7,703,866 96.2% 174,066,784 Addition to / (use of) reserves (16,426,683) 3,798,909 (2,758,490) 27,595,647 SOLID WASTE FUND (page 9)
Revenue 34,272,920 34,216,276 - 56,644 99.8% 33,930,892 Expenditures 34,958,987 32,940,903 135,124 1,882,959 94.6% 29,816,546 Addition to / (use of) reserves (686,067) 1,275,373 (135,124) 4,114,347 WATER OPERATING FUND (page 10)
Revenue 70,492,814 66,894,697 - 3,598,117 94.9% 78,582,151 Expenditures 73,981,719 65,752,353 2,065,594 6,163,772 91.7% 66,416,925 Addition to / (use of) reserves (3,488,905) 1,142,344 (2,065,594) 12,165,226 WASTEWATER OPERATING FUND (page 11)
Revenue 27,441,554 26,955,781 - 485,773 98.2% 25,910,883 Expenditures 28,741,397 27,024,457 1,064,527 652,413 97.7% 25,201,267 Addition to / (use of) reserves (1,299,843) (68,676) (1,064,527) 709,616 DOWNTOWN PARKING FUND (page 12)
Revenue 10,621,353 10,313,259 - 308,094 97.1% 6,992,483 Expenditures 10,812,012 10,464,739 173,655 173,617 98.4% 8,048,166 Addition to / (use of) reserves (190,659) (151,480) (173,655) (1,055,683) AIRPORT OPERATING FUND (page 13)
Revenue 27,238,151 27,372,269 - (134,118) 100.5% 30,280,673 Expenditures 32,767,740 29,649,278 740,345 2,378,117 92.7% 27,226,349 Addition to / (use of) reserves (5,529,589) (2,277,009) (740,345) 3,054,324 GOLF COURSE FUND (page 14)
Revenue 4,042,489 4,253,125 - (210,636) 105.2% 4,198,344 Expenditures 3,912,057 3,723,059 - 188,998 95.2% 3,257,816 Addition to / (use of) reserves 130,432 530,066 - 940,528 FACILITIES MANAGEMENT FUND (page 15)
Revenue 7,124,899 7,029,635 - 95,264 98.7% 6,423,132
Expenditures 7,277,281 6,950,262 10,100 316,919 95.6% 6,606,666 Addition to / (use of) reserves (152,382) 79,373 (10,100) (183,535)

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
Summary by Fund
For Twelve Months Ended June 30, 2023 (100% 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 Twelve Months Ended June 30, 2023 (100% of Fiscal Year) FLEET REPLACEMENT FUND (page 16)
Revenue 3,886,701 4,476,962 - (590,261) 115.2% 3,685,318 Expenditures 4,270,670 1,826,525 1,317,881 1,126,264 73.6% 3,402,117 Addition to / (use of) reserves (383,968) 2,650,437 (1,317,881) 283,201 FLEET MAINTENANCE FUND (page 17)
Revenue 3,226,802 3,238,294 - (11,492) 100.4% 3,019,766 Expenditures 3,382,015 3,300,149 62,284 19,582 99.4% 3,093,671 Addition to / (use of) reserves (155,213) (61,855) (62,284) (73,905) SELF INSURANCE TRUST FUND (page 18)
Revenue 17,067,765 17,189,689 - (121,924) 100.7% 10,348,667 Expenditures 15,249,467 14,749,786 762,272 (262,591) 101.7% 11,604,082 Addition to / (use of) reserves 1,818,298 2,439,903 (762,272) (1,255,415) INFORMATION TECHNOLOGY FUND (page 19)
Revenue 5,261,982 5,164,511 - 97,471 98.1% 4,562,222
Expenditures 5,475,433 5,080,435 24,297 370,701 93.2% 4,445,817 Addition to / (use of) reserves (213,451) 84,076 (24,297) 116,405 WATERFRONT OPERATING FUND (page 20)
Revenue 17,036,131 18,817,674 - (1,781,542) 110.5% 17,814,379 Expenditures 19,381,242 18,054,379 238,981 1,087,881 94.4% 15,015,686 Addition to / (use of) reserves (2,345,110) 763,294 (238,981) 2,798,694 SANTA BARBARA CLEAN ENERGY FUND (page 21)
Revenue 39,500,000 43,429,010 - (3,929,010) 109.9% 16,312,014 Expenditures 38,967,298 37,508,237 606,654 852,407 97.8% 15,548,593 Addition to / (use of) reserves 532,702 5,920,774 (606,654) 763,421 ENERGY AND CLIMATE MANAGEMENT FUND (page 22)
Revenue 2,671,168 2,657,118 - 14,050 99.5% 2,550,238
Expenditures 3,141,564 2,534,668 244,738 362,158 88.5% 2,201,540 Addition to / (use of) reserves (470,396) 122,450 (244,738) 348,697

TOTAL FOR ALL FUNDS
Revenue 454,939,037 466,826,346 503 (11,886,806) 102.6% 446,273,593 Expenditures 483,799,873 450,578,368 10,204,440 23,017,065 95.2% 395,952,025 Addition to / (use of) reserves (28,860,836) 16,247,978 (10,204,943) 50,321,568 ** 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 29,057,474 (2,353,432) 108.8% 28,503,731 1.9% Measure C Sales Tax 28,323,342 30,732,928 (2,409,586) 108.5% 30,824,430 -0.3% Property Taxes 43,250,489 46,006,164 (2,755,675) 106.4% 42,225,898 9.0% Utility Users Tax 7,779,112 7,967,487 (188,375) 102.4% 7,804,880 2.1% Transient Occupancy Tax 23,583,553 26,213,987 (2,630,434) 111.2% 26,628,111 -1.6% Business License 2,714,006 2,679,340 34,666 98.7% 2,653,092 1.0% Cannabis Excise Tax 1,879,977 1,388,089 491,888 73.8% 1,672,274 -17.0% Real Property Transfer Tax 1,328,218 862,195 466,023 64.9% 1,352,652 -36.3% Total Tax Revenues 135,562,739 144,907,664 (9,344,925) 106.9% 141,665,065 2.3%

LICENSES & PERMITS
Licenses & Permits 159,858 175,475 (15,617) 109.8% 215,977 -18.8% Total 159,858 175,475 (15,617) 109.8% 215,977 -18.8%

FINES & FORFEITURES
Police 2,358,618 1,213,307 1,145,311 51.4% 2,136,649 -43.2% Other Fines & Forfeitures 660,302 375,350 284,952 56.8% 100,822 272.3% Total 3,018,920 1,588,657 1,430,263 52.6% 2,237,471 -29.0%

USE OF MONEY & PROPERTY
Investment Income 529,185 1,492,899 (963,713) 282.1% 550,120 171.4% Rents & Concessions 1,399,391 1,381,739 17,652 98.7% 1,064,850 29.8% Total 1,928,576 2,874,637 (946,061) 149.1% 1,614,970 78.0%

INTERGOVERNMENTAL
Library 905,598 905,598 - 100.0% 1,162,393 -22.1%
Fire 550,000 479,972 70,028 87.3% 2,328,194 -79.4%
Other Intergovernmental 817,492 703,703 113,789 86.1% 11,866,163 -94.1% Total 2,273,090 2,089,272 183,817 91.9% 15,356,751 -86.4%

FEES & SERVICE CHARGES
Community Development 6,913,279 7,339,914 (426,635) 106.2% 7,147,983 2.7% Parks & Recreation 4,565,730 3,850,400 715,330 84.3% 3,527,320 9.2% Other Service Charges 4,042,475 4,369,389 (326,914) 108.1% 3,495,326 25.0% Total 15,521,484 15,559,703 (38,219) 100.2% 14,170,629 9.8%

OTHER REVENUES
Interfund Charges & Reimbursement 11,944,594 11,853,711 90,883 99.2% 10,399,492 14.0% Overhead Indirect Allocations 9,654,155 9,570,571 83,584 99.1% 8,987,059 6.5% Interfund Transfers 692,510 651,780 40,730 94.1% 1,795,153 -63.7% Interfund Loans 24,140 24,140 (0) 100.0% 24,140 0.0%
Miscellenous 128,442 1,166,089 (1,037,647) 907.9% 887,988 31.3% Donations 138,709 103,171 35,538 74.4% 131,647 -21.6%
Franchise Fees 4,007,090 4,253,175 (246,085) 106.1% 4,176,090 1.8% Total 26,589,640 27,622,637 (1,032,997) 103.9% 26,401,568 4.6% Subtotal Non-Tax Revenues 49,491,569 49,910,382 (418,813) 100.8% 59,997,365 -16.8% TOTAL REVENUES 185,054,308 194,818,046 (9,763,738) 105.3% 201,662,431 -3.4%

CITY OF SANTA BARBARA
General Fund
Interim Statement of Budgeted and Actual Revenues
For Twelve Months Ended June 30, 2023 (100% 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 1,054,553 1,011,780 - 42,772 95.9% 885,948 ARTS AND COMMUNITY PROMOTIONS 2,315,403 2,262,031 45,911 7,461 99.7% 2,583,096 Total 3,369,956 3,273,811 45,911 50,234 98.5% 3,469,044 City Attorney
CITY ATTORNEY-ADMINISTRATION 1,007,786 1,028,534 5,152 (25,900) 102.6% 1,164,605 CITY ATTORNEY-ADVISORY 1,545,197 1,594,772 22,100 (71,676) 104.6% 1,424,837 CITY ATTORNEY-CIVIL LITIGATION 1,430,514 1,332,649 - 97,865 93.2% 1,093,785 CITY ATTORNEY-CODE ENFORCEMENT 1,686,545 456,823 - 1,229,722 27.1% 445,103 Total 5,670,041 4,412,778 27,252 1,230,011 78.3% 4,128,330 Administration
CITY ADMINISTRATOR 2,687,014 2,235,167 62,713 389,135 85.5% 2,381,044 CITY TV 729,923 696,793 5,618 27,511 96.2% 608,645
CITY CLERK 721,579 677,655 29,697 14,227 98.0% 1,030,931 Total 4,138,516 3,609,614 98,028 430,874 89.6% 4,020,621 Human Resources
HUMAN RESOURCES 2,529,272 2,235,789 324,894 (31,411) 101.2% 1,910,528 EMPLOYEE RELATIONS 418,693 303,721 68,491 46,481 88.9% 241,756 EMPLOYEE DEVELOPMENT 99,948 34,687 3,621 61,640 38.3% 26,843 Total 3,047,913 2,574,197 397,006 76,711 97.5% 2,179,128 Finance
ADMINISTRATION 317,302 328,668 483 (11,850) 103.7% 393,215 REVENUE & CASH MANAGEMENT 773,693 588,847 9,517 175,328 77.3% 535,938 CASHIERING & COLLECTION 636,968 588,446 - 48,522 92.4% 560,844 LICENSES & PERMITS 766,641 831,365 3,003 (67,727) 108.8% 459,655 BUDGET MANAGEMENT 816,288 776,033 9,401 30,854 96.2% 624,654 ACCOUNTING 1,121,000 1,131,995 30,655 (41,651) 103.7% 899,498 PAYROLL 479,984 502,726 - (22,742) 104.7% 487,956
ACCOUNTS PAYABLE 278,278 296,264 - (17,985) 106.5% 269,474 CITY BILLING & CUSTOMER SERVICE 833,618 776,042 - 57,577 93.1% 701,557 PURCHASING 840,556 848,692 - (8,136) 101.0% 824,308
CENTRAL WAREHOUSE 244,738 252,725 - (7,986) 103.3% 233,852 MAIL SERVICES 163,466 161,320 6,155 (4,009) 102.5% 148,774 Total 7,272,532 7,083,122 59,215 130,195 98.2% 6,139,726 TOTAL GENERAL GOVERNMENT 23,498,958 20,953,523 627,411 1,918,024 91.8% 19,936,849

CITY OF SANTA BARBARA
General Fund
Interim Statement of Appropriations, Expenditures and Encumbrances For Twelve Months Ended June 30, 2023 (100% 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 Twelve Months Ended June 30, 2023 (100% of Fiscal Year)

PUBLIC SAFETY
Police
CHIEF'S STAFF 1,092,279 1,573,804 5,897 (487,422) 144.6% 1,712,628 BUSINESS OFFICE 675,625 615,275 28 60,322 91.1% 605,453 RECORDS BUREAU 1,826,855 1,642,048 10,949 173,858 90.5% 1,638,007 STRATEGIC OPERATIONS AND PERSONNEL 1,907,234 1,991,201 14,080 (98,047) 105.1% 2,030,437 PROPERTY ROOM 258,746 284,181 - (25,435) 109.8% 240,907 TRAINING, RECRUITMENT AND WELLNESS 1,913,561 1,678,121 65,361 170,079 91.1% 1,685,310 RANGE AND EQUIPMENT 2,972,591 1,949,476 924,477 98,639 96.7% 1,509,354 COMMUNITY & MEDIA RELATIONS 149,069 148,569 - 500 99.7% 260,652 INFORMATION TECHNOLOGY/CRIME ANALYSIS 1,858,663 1,799,159 105,796 (46,293) 102.5% 1,712,309 CRIMINAL INVESTIGATIONS & INTERNAL OP'S 6,153,224 5,770,437 5,173 377,614 93.9% 5,576,253 CRIME LAB 170,298 161,921 - 8,377 95.1% 158,178
FIELD OPERATIONS DIVISION 23,353,885 21,784,955 5,080 1,563,851 93.3% 19,749,368 TRAFFIC 790,855 535,911 18,014 236,930 70.0% 1,008,697
SPECIAL EVENTS 611,143 646,056 544 (35,456) 105.8% 651,071 STREET CRIMES UNIT 2,609,601 1,516,550 (0) 1,093,051 58.1% 1,461,237 SPECIAL ENFORCEMENT TEAM 735,366 229,026 - 506,340 31.1% 740,645 PARKING AND STREET SWEEPING 390,780 383,102 - 7,677 98.0% 405,957 PARKING ENFORCEMENT 981,740 750,357 - 231,383 76.4% 838,126 COMBINED COMMUNICATIONS CENTER 3,145,437 3,662,100 - (516,663) 116.4% 3,369,363 ANIMAL CONTROL 977,541 919,808 3,090 54,642 94.4% 847,613 Total 52,574,493 48,042,058 1,158,489 3,373,947 93.6% 46,201,564 Fire
ADMINISTRATION 1,322,186 1,344,454 - (22,268) 101.7% 1,121,485 EMERGENCY SERVICES AND PUBLIC ED 578,117 503,846 816 73,455 87.3% 490,278 PREVENTION 1,598,680 1,338,538 525 259,617 83.8% 1,204,179 WILDLAND FIRE MITIGATION PROGRAM 726,937 475,244 60,525 191,167 73.7% 342,197 OPERATIONS 26,699,047 26,719,287 163,161 (183,401) 100.7% 25,664,290 TRAINING AND RECRUITMENT 887,072 860,879 - 26,194 97.0% 710,947 ARFF 3,105,504 3,363,233 - (257,729) 108.3% 3,003,490
Total 34,917,542 34,605,481 225,027 87,034 99.8% 32,536,866 TOTAL PUBLIC SAFETY 87,492,035 82,647,539 1,383,516 3,460,981 96.0% 78,738,430

PUBLIC WORKS
Public Works
ADMINISTRATION 1,522,713 1,280,519 14,077 228,118 85.0% 1,275,958 ENGINEERING SVCS 7,014,519 6,361,451 46,477 606,591 91.4% 5,505,791 PUBLIC RT OF WAY MGMT 2,074,976 1,780,496 25,518 268,962 87.0% 1,602,241 ENVIRONMENTAL PROGRAMS 803,356 536,741 19,399 247,216 69.2% 664,790 Total 11,415,564 9,959,206 105,470 1,350,887 88.2% 9,048,780 TOTAL PUBLIC WORKS 11,415,564 9,959,206 105,470 1,350,887 88.2% 9,048,780

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 Twelve Months Ended June 30, 2023 (100% of Fiscal Year)

COMMUNITY SERVICES
Parks & Recreation
REC PROGRAM MGMT 1,106,612 969,570 49,333 87,709 92.1% 775,785 FACILITIES & SPECIAL EVENTS 1,573,652 1,513,308 - 60,344 96.2% 1,335,692 YOUTH ACTIVITIES 1,639,830 1,324,252 449 315,129 80.8% 1,242,693 ACTIVE ADULTS 1,109,737 901,392 449 207,897 81.3% 836,584 AQUATICS 2,185,325 1,858,361 8,534 318,430 85.4% 1,822,635 SPORTS 849,009 715,496 59,165 74,348 91.2% 615,007
TENNIS 558,388 439,628 46,288 72,473 87.0% 379,024
NEIGHBORHOOD & OUTREACH SERV 1,247,226 1,151,989 - 95,237 92.4% 940,721 ADMINISTRATION 1,249,735 1,182,740 - 66,996 94.6% 1,078,808 PROJECT MANAGEMENT TEAM 752,712 725,897 20,461 6,354 99.2% 486,879 PARK OPERATIONS MANAGEMENT 1,041,411 1,056,389 - (14,978) 101.4% 830,071 GROUNDS & FACILITIES MAINTENANCE 5,945,473 5,708,721 117,636 119,117 98.0% 5,439,475 FORESTRY 1,859,092 1,515,305 - 343,788 81.5% 1,367,779
BEACH MAINTENANCE 165,111 134,566 8,797 21,748 86.8% 137,086 MEDIANS PARKWAYS & CONTRACTS 582,447 525,592 3,520 53,335 90.8% 474,209 Total 21,865,760 19,723,204 314,631 1,827,925 91.6% 17,762,450 Library
ADMINISTRATION 932,821 929,189 253 3,378 99.6% 646,921
CENTRAL LIBRARY 5,946,744 5,698,988 523 247,233 95.8% 5,112,383 EASTSIDE LIBRARY 386,328 309,321 - 77,006 80.1% 322,416 LIBRARY ON THE GO 192,691 187,921 - 4,770 97.5% 109,795 ADULT EDUCATION 212,056 77,499 - 134,557 36.5% -
Total 7,670,640 7,202,919 776 466,945 93.9% 6,191,515
TOTAL COMMUNITY SERVICES 29,536,399 26,926,123 315,407 2,294,870 92.2% 23,953,965

COMMUNITY DEVELOPMENT
Community Development
ADMINISTRATION 2,890,472 2,890,016 28,123 (27,667) 101.0% 1,484,016 RENTAL HOUSING MEDIATION 321,113 316,256 - 4,858 98.5% 288,838 HUMAN SERVICES 1,162,824 855,691 50,000 257,133 77.9% 960,828 LONG RANGE PLAN & SPEC STUDY 981,328 903,790 1,314 76,223 92.2% 992,957 DEVEL & ENVIRONMENTAL REVIEW 1,700,654 1,619,674 3,670 77,311 95.5% 1,542,773 ZONING INFO & ENFORCEMENT 1,404,050 1,334,944 11,362 57,744 95.9% 1,365,834 DESIGN REV & HIST PRESERVATION 1,509,720 1,459,976 1,755 47,990 96.8% 1,409,620 BLDG INSP & CODE ENFORCEMENT 1,641,300 1,551,478 61,332 28,490 98.3% 1,802,019 RECORDS ARCHIVES & CLER SVCS 749,593 696,683 3,458 49,452 93.4% 644,834 BLDG COUNTER & PLAN REV SVCS 3,141,444 2,798,607 116,536 226,302 92.8% 2,325,328 CODE COMPLIANCE 656,758 652,449 - 4,309 99.3% -
Total 16,159,256 15,079,563 277,548 802,145 95.0% 12,817,047 TOTAL COMMUNITY DEVELOPMENT 16,159,256 15,079,563 277,548 802,145 95.0% 12,817,047

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 Twelve Months Ended June 30, 2023 (100% of Fiscal Year)

SUSTAINABILITY AND RESILIENCE
Sustainability and Resilience
ADMINISTRATION 75,245 17,014 48,635 9,596 87.2% 113,579 Total 75,245 17,014 48,635 9,596 87.2% 113,579
TOTAL SUSTAINABILITY AND RESILIENCE 75,245 17,014 48,635 9,596 87.2% 113,579

NON-DEPARTMENTAL
Non-Departmental
ANTICIPATED SALARY SAVINGS (4,420,842) - - (4,420,842) 0.0% - TRANSFERS OUT 8,238,099 5,999,143 - 2,238,956 72.8% 3,804,716 CAPITAL OUTLAY TRANSFER 29,437,026 29,437,026 - 0 100.0% 25,653,418 APPROP. RESERVE 49,250 - - 49,250 0.0% -
Total 33,303,533 35,436,169 - (2,132,636) 106.4% 29,458,134 TOTAL NON-DEPARTMENTAL 33,303,533 35,436,169 - (2,132,636) 106.4% 29,458,134 TOTAL EXPENDITURES 201,480,990 191,019,137 2,757,987 7,703,866 96.2% 174,066,784 ** 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 245,000 218,126 - 26,874 89.0% 236,596
Expenditures 245,000 202,115 - 42,885 82.5% 236,596
Revenue Less Expenditures - 16,011 - (16,011) -

CREEK RESTORATION/WATER QUALITY IMPRVMT
Revenue 4,845,513 5,510,315 - (664,802) 113.7% 5,484,890 Expenditures 5,257,724 4,463,322 325,856 468,546 91.1% 3,557,946 Revenue Less Expenditures (412,211) 1,046,993 (325,856) (1,133,348) 1,926,944

COMMUNITY DEVELOPMENT BLOCK GRANT
Revenue 1,846,634 866,101 - 980,533 46.9% 908,288
Expenditures 2,448,829 1,577,990 260,637 610,202 75.1% 1,391,740 Revenue Less Expenditures (602,195) (711,889) (260,637) 370,331 (483,452)

COUNTY LIBRARY
Revenue 446,729 430,881 - 15,848 96.5% 951,484
Expenditures 499,544 510,917 378 (11,751) 102.4% 993,186 Revenue Less Expenditures (52,816) (80,036) (378) 27,599 (41,702)

STREETS FUND
Revenue 13,178,081 13,375,663 - (197,582) 101.5% 12,585,160 Expenditures 13,324,756 12,500,976 168,923 654,857 95.1% 11,723,540 Revenue Less Expenditures (146,675) 874,687 (168,923) (852,439) 861,620

MEASURE A FUND
Revenue 5,045,484 5,529,462 - (483,978) 109.6% 5,238,884 Expenditures 7,052,095 6,366,963 11,285 673,847 90.4% 3,711,694 Revenue Less Expenditures (2,006,611) (837,501) (11,285) (1,157,826) 1,527,190

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
Special Revenue Funds
For Twelve Months Ended June 30, 2023 (100% of Fiscal Year)

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

REVENUES
Service charges 33,716,747 33,715,280 - 1,467 100.0% 32,523,308 Other Fees & Charges 70,000 38,710 - 31,290 55.3% 908,787 Investment Income 44,500 132,782 - (88,282) 298.4% 42,991 Grants 155,450 26,051 - 129,399 16.8% 155,382
Miscellaneous 286,223 303,454 - (17,231) 106.0% 280,186 TOTAL REVENUES 34,272,920 34,216,276 - 56,644 99.8% 33,930,892

EXPENSES
Salaries & Benefits 1,813,767 1,554,151 - 259,615 85.7% 1,457,908 Materials, Supplies & Services 31,270,457 30,240,981 68,793 960,683 96.9% 27,472,307 Special Projects 1,366,410 851,793 15,850 498,767 63.5% 738,177 Transfers-Out 50,000 50,000 - (0) 100.0% 50,000
Capital Outlay Transfers 973 973 - 0 100.0% 1,946
Equipment 394,960 243,005 50,481 101,473 74.3% 96,207
Other 40,000 - - 40,000 0.0% -
Appropriated Reserve 22,420 - - 22,420 0.0% -
TOTAL EXPENSES 34,958,987 32,940,903 135,124 1,882,959 94.6% 29,816,546 Revenue Less Expense (686,067) 1,275,373 (135,124) (1,826,315) 4,114,347

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Twelve Months Ended June 30, 2023 (100% 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 55,591,081 - 4,606,405 92.3% 58,746,186 Service Charges 208,765 287,349 - (78,584) 137.6% 297,823 Cater JPA Treatment Charges 2,359,556 2,217,906 - 141,650 94.0% 2,812,667 Investment Income 901,175 1,926,836 - (1,025,661) 213.8% 788,026 Grants - - - - 0.0% 10,572,764
Reimbursements 6,759,704 6,563,115 - 196,589 97.1% 4,218,433 Miscellaneous 66,128 308,410 - (242,282) 466.4% 806,609 Operating Transfers-In - - - - 0.0% 339,644
TOTAL REVENUES 70,492,814 66,894,697 - 3,598,117 94.9% 78,582,151

EXPENSES
Salaries & Benefits 13,981,945 13,163,307 - 818,639 94.1% 12,013,418 Materials, Supplies & Services 20,951,183 17,884,451 1,937,966 1,128,766 94.6% 15,664,721 Special Projects 803,622 539,387 80,077 184,158 77.1% 403,124 Water Purchases 11,084,565 7,397,365 - 3,687,200 66.7% 9,119,322 Debt Service 9,221,536 9,194,429 - 27,107 99.7% 9,166,436 Capital Outlay Transfers 17,217,186 17,217,186 - 0 100.0% 19,122,471 Equipment 247,606 124,719 32,550 90,336 63.5% 112,975
Capitalized Fixed Assets 290,275 196,361 15,000 78,914 72.8% 223,123 Other 33,800 35,148 - (1,348) 104.0% 591,335
Appropriated Reserve 150,000 - - 150,000 0.0% -
TOTAL EXPENSES 73,981,719 65,752,353 2,065,594 6,163,772 91.7% 66,416,925 Revenue Less Expense (3,488,905) 1,142,344 (2,065,594) (2,565,655) 12,165,226 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 Twelve Months Ended June 30, 2023 (100% 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 25,746,676 - 863,280 96.8% 24,956,943 Fees 584,826 717,867 - (133,041) 122.7% 576,057
Investment Income 180,700 370,164 - (189,464) 204.8% 156,459 Rents & Concessions 61,072 50,214 - 10,858 82.2% 55,037 Miscellaneous 5,000 70,687 - (65,687) 1413.7% 30,849
Operating Transfers-In - 173 - (173) 100.0% 135,537
TOTAL REVENUES 27,441,554 26,955,781 - 485,773 98.2% 25,910,883

EXPENSES
Salaries & Benefits 8,562,134 8,429,006 - 133,128 98.4% 7,538,379 Materials, Supplies & Services 10,214,826 9,396,316 610,445 208,065 98.0% 8,496,879 Special Projects 915,550 276,018 415,921 223,611 75.6% 485,195 Debt Service 3,551,087 3,551,087 - 0 100.0% 3,558,337
Capital Outlay Transfers 5,243,055 5,243,055 - 0 100.0% 4,939,840 Equipment 128,500 71,653 21,661 35,185 72.6% 95,411
Capitalized Fixed Assets 122,246 55,810 15,000 51,436 57.9% 85,243 Other 4,000 1,513 1,500 988 75.3% 1,985
TOTAL EXPENSES 28,741,397 27,024,457 1,064,527 652,413 97.7% 25,201,267 Revenue Less Expense (1,299,843) (68,676) (1,064,527) (166,640) 709,616 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 Twelve Months Ended June 30, 2023 (100% 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 1,034,461 - (134,461) 114.9% 965,508 Parking Fees 8,283,728 7,697,636 - 586,092 92.9% 4,738,083 Other Fees & Charges 30,000 12,461 - 17,539 41.5% 28,994 Investment Income 37,400 84,924 - (47,524) 227.1% 30,993 Rents & Concessions 157,760 242,221 - (84,461) 153.5% 159,280 Miscellaneous 144,366 172,952 - (28,586) 119.8% 251,508 Operating Transfers-In 1,068,099 1,068,606 - (507) 100.0% 818,116 TOTAL REVENUES 10,621,353 10,313,259 - 308,094 97.1% 6,992,483

EXPENSES
Salaries & Benefits 5,255,213 5,049,046 - 206,166 96.1% 4,077,650 Materials, Supplies & Services 4,277,069 4,326,466 29,428 (78,825) 101.8% 3,340,427 Special Projects 440,093 299,300 141,219 (426) 100.1% 393,131 Capital Outlay Transfers 782,472 782,472 - 0 100.0% 226,425 Equipment 47,165 7,455 3,008 36,702 22.2% 10,533
Appropriated Reserve 10,000 - - 10,000 0.0% -
TOTAL EXPENSES 10,812,012 10,464,739 173,655 173,617 98.4% 8,048,166 Revenue Less Expense (190,659) (151,480) (173,655) 134,477 (1,055,683) 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 Twelve Months Ended June 30, 2023 (100% 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 5,216,252 - 390,962 93.0% 5,155,216 Leases-Terminal 9,757,487 10,687,704 - (930,217) 109.5% 8,543,426 Leases-Non-Commercial Aviation 4,658,247 4,991,444 - (333,197) 107.2% 5,062,706 Leases-Commercial Aviation 6,374,208 5,847,734 - 526,474 91.7% 4,990,309 Investment Income 200,500 465,348 - (264,848) 232.1% 188,133 Grants 437,036 - - 437,036 0.0% 5,907,498
Service Charges - 1,548 - (1,548) 100.0% 1,358
Miscellaneous 150,459 109,239 - 41,220 72.6% 160,468
Operating Transfers-In 53,000 53,000 - - 100.0% 271,560 TOTAL REVENUES 27,238,151 27,372,269 - (134,118) 100.5% 30,280,673

EXPENSES
Salaries & Benefits 10,276,693 10,098,780 - 177,912 98.3% 8,652,543 Materials, Supplies & Services 13,393,172 12,385,032 570,196 437,944 96.7% 10,655,299 Special Projects 2,690,947 1,124,748 168,917 1,397,283 48.1% 815,622 Transfer-Out 250,000 250,000 - 0 100.0% -
Debt Service 1,551,750 1,551,750 - - 100.0% 1,555,750
Capital Outlay Transfers 4,136,632 4,136,632 - (0) 100.0% 5,400,929 Equipment 283,990 102,336 1,232 180,422 36.5% 146,207
Capitalized Fixed Assets 53,000 - - 53,000 0.0% -
Appropriated Reserve 131,556 - - 131,556 0.0% -
TOTAL EXPENSES 32,767,740 29,649,278 740,345 2,378,117 92.7% 27,226,349 Revenue Less Expense (5,529,589) (2,277,009) (740,345) (2,512,235) 3,054,324 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 Twelve Months Ended June 30, 2023 (100% 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 3,857,737 3,937,799 - (80,062) 102.1% 3,967,444 Investment Income 22,500 59,641 - (37,141) 265.1% 20,512 Rents & Concessions 162,252 232,483 - (70,231) 143.3% 209,500 Miscellaneous - 23,202 - (23,202) 100.0% 887
TOTAL REVENUES 4,042,489 4,253,125 - (210,636) 105.2% 4,198,344

EXPENSES
Salaries & Benefits 87,333 86,647 - 686 99.2% 77,744
Materials, Supplies & Services 3,142,645 2,954,421 - 188,224 94.0% 2,928,005 Debt Service 453,829 453,829 - 0 100.0% 41,430
Capital Outlay Transfers 228,000 228,000 - - 100.0% 210,636 Equipment 250 163 - 87 65.3% -
TOTAL EXPENSES 3,912,057 3,723,059 - 188,998 95.2% 3,257,816 Revenue Less Expense 130,432 530,066 - (399,634) 940,528 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 Twelve Months Ended June 30, 2023 (100% 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 3,355,887 - (0) 100.0% 3,087,909 Work Orders - Bldg Maint. 3,608,512 3,531,684 - 76,828 97.9% 3,251,642 Miscellaneous 10,500 134 - 10,366 1.3% 3,055
Operating Transfers-In 150,000 141,930 - 8,070 94.6% 80,526 TOTAL REVENUES 7,124,899 7,029,635 - 95,264 98.7% 6,423,132

EXPENSES
Salaries & Benefits 4,474,735 4,358,800 - 115,935 97.4% 3,866,430 Materials, Supplies & Services 2,245,993 2,044,214 - 201,779 91.0% 1,902,222 Special Projects 352,955 346,057 10,100 (3,202) 100.9% 355,097 Capital Outlay Transfers 193,598 193,598 - 0 100.0% 477,198 Equipment 10,000 7,593 - 2,407 75.9% 5,719
TOTAL EXPENSES 7,277,281 6,950,262 10,100 316,919 95.6% 6,606,666 Revenue Less Expense (152,382) 79,373 (10,100) (221,656) (183,535)

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Twelve Months Ended June 30, 2023 (100% of Fiscal Year)

FACILITIES MANAGEMENT FUND

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

REVENUES
Vehicle Rental Charges 3,284,251 3,066,806 - 217,445 93.4% 3,171,963 Investment Income 204,248 363,272 - (159,024) 177.9% 179,604 Rents & Concessions 107,553 103,173 - 4,380 95.9% 119,602 Miscellaneous 68,000 721,061 - (653,061) 1060.4% 155,150 Operating Transfers-In 222,649 222,649 - - 100.0% 59,000 TOTAL REVENUES 3,886,701 4,476,962 - (590,261) 115.2% 3,685,318

EXPENSES
Salaries & Benefits 231,260 183,671 - 47,589 79.4% 172,508 Materials, Supplies & Services 21,038 19,264 - 1,774 91.6% 18,308 Debt Service 606,371 606,371 - (0) 100.0% 104,408
Capital Outlay Transfers - - - - 0.0% 1,054,838
Capitalized Fixed Assets 3,412,000 1,017,219 1,317,881 1,076,901 68.4% 2,052,055 TOTAL EXPENSES 4,270,670 1,826,525 1,317,881 1,126,264 73.6% 3,402,117 Revenue Less Expense (383,968) 2,650,437 (1,317,881) (1,716,525) 283,201

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Twelve Months Ended June 30, 2023 (100% 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 3,137,762 - 24,040 99.2% 2,913,716 Reimbursements 5,000 5,000 - (0) 100.0% 5,000
Miscellaneous 60,000 95,531 - (35,531) 159.2% 69,854
Operating Transfers-In - - - - 0.0% 31,196
TOTAL REVENUES 3,226,802 3,238,294 - (11,492) 100.4% 3,019,766

EXPENSES
Salaries & Benefits 1,598,636 1,578,229 - 20,406 98.7% 1,424,094 Materials, Supplies & Services 1,688,788 1,669,694 11,509 7,585 99.6% 1,465,043 Special Projects 54,965 46,181 20,500 (11,716) 121.3% 109,174 Capital Outlay Transfers 1,467 1,467 - - 100.0% 61,934
Equipment 7,884 4,577 - 3,307 58.1% 17,214
Capitalized Fixed Assets 30,275 - 30,275 - 100.0% 16,213 TOTAL EXPENSES 3,382,015 3,300,149 62,284 19,582 99.4% 3,093,671 Revenue Less Expense (155,213) (61,855) (62,284) (31,074) (73,905)

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Twelve Months Ended June 30, 2023 (100% 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 7,658,599 - 0 100.0% 5,056,794 Workers' Compensation Premiums 4,572,008 4,569,258 - 2,750 99.9% 4,164,100 OSH Charges 292,974 292,974 - - 100.0% 290,230
Unemployment Insurance Premium 427,559 410,265 - 17,294 96.0% 277,529 Investment Income 40,800 67,562 - (26,762) 165.6% 41,123 Miscellaneous - 115,206 - (115,206) 100.0% -
Operating Transfers-In 4,075,825 4,075,825 - - 100.0% 518,890 TOTAL REVENUES 17,067,765 17,189,689 - (121,924) 100.7% 10,348,667

EXPENSES
Salaries & Benefits 928,263 847,276 - 80,987 91.3% 776,573 Materials, Supplies & Services 14,320,796 13,901,621 762,272 (343,098) 102.4% 10,826,691 Capital Outlay Transfers 409 409 - 0 100.0% 818
Equipment - 479 - (479) 100.0% -
TOTAL EXPENSES 15,249,467 14,749,786 762,272 (262,591) 101.7% 11,604,082 Revenue Less Expense 1,818,298 2,439,903 (762,272) 140,667 (1,255,415) 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 Twelve Months Ended June 30, 2023 (100% of Fiscal Year)

SELF INSURANCE TRUST FUND

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

REVENUES
Service charges 5,261,982 5,164,511 - 97,471 98.1% 4,485,982 Operating Transfers-In - - - - 0.0% 76,240
TOTAL REVENUES 5,261,982 5,164,511 - 97,471 98.1% 4,562,222

EXPENSES
Salaries & Benefits 3,420,556 3,123,742 - 296,814 91.3% 2,588,446 Materials, Supplies & Services 1,910,360 1,806,661 24,297 79,401 95.8% 1,599,080 Special Projects 200 632 - (432) 316.0% 14,195
Capital Outlay Transfers 131,677 131,677 - (0) 100.0% 232,127 Equipment 12,640 17,722 - (5,082) 140.2% 11,969
TOTAL EXPENSES 5,475,433 5,080,435 24,297 370,701 93.2% 4,445,817 Revenue Less Expense (213,451) 84,076 (24,297) (273,230) 116,405 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 Twelve Months Ended June 30, 2023 (100% 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 2,311,428 - (311,428) 115.6% 2,257,613 Leases - Food Service 3,100,000 3,603,250 - (503,250) 116.2% 3,400,627 Slip Rental Fees 5,070,940 5,162,804 - (91,864) 101.8% 4,894,155 Visitors Fees 750,000 763,761 - (13,761) 101.8% 817,254 Slip Transfer Fees 1,100,000 1,129,675 - (29,675) 102.7% 1,380,950 Parking Revenue 3,254,325 3,641,418 - (387,093) 111.9% 3,377,751 Wharf Parking 220,000 296,913 - (76,913) 135.0% 292,108 Grants - 26,127 - (26,127) 100.0% 12,752
Other Fees & Charges 252,630 244,342 - 8,289 96.7% 246,707 Investment Income 112,700 258,379 - (145,679) 229.3% 116,260 Rents & Concessions 392,316 458,844 - (66,528) 117.0% 431,378 Miscellaneous 783,220 920,733 - (137,513) 117.6% 458,220 Operating Transfers-In - - - - 0.0% 128,603
TOTAL REVENUES 17,036,131 18,817,674 - (1,781,542) 110.5% 17,814,379

EXPENSES
Salaries & Benefits 8,297,772 7,868,299 - 429,472 94.8% 7,461,657 Materials, Supplies & Services 6,066,341 5,513,985 195,735 356,622 94.1% 4,848,929 Special Projects 296,875 207,014 28,875 60,986 79.5% 175,392 Debt Service 2,036,965 2,036,965 - (0) 100.0% 2,038,500 Capital Outlay Transfers 2,350,000 2,350,000 - 0 100.0% 436,852 Equipment 147,075 52,808 525 93,742 36.3% 51,843
Capitalized Fixed Assets 83,840 22,796 13,847 47,197 43.7% - Other 2,375 2,513 - (138) 105.8% 2,513
Appropriated Reserve 100,000 - - 100,000 0.0% -
TOTAL EXPENSES 19,381,242 18,054,379 238,981 1,087,881 94.4% 15,015,686 Revenue Less Expense (2,345,110) 763,294 (238,981) (2,869,424) 2,798,694

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Twelve Months Ended June 30, 2023 (100% 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 39,500,000 43,429,010 - (3,929,010) 109.9% 14,718,475 Investment Income - - - - 0.0% 73
Operating Transfers-In - - - - 0.0% 1,593,466
TOTAL REVENUES 39,500,000 43,429,010 - (3,929,010) 109.9% 16,312,014

EXPENSES
Salaries & Benefits 177,610 177,301 - 309 99.8% 163,292 Materials, Supplies & Services 37,380,601 35,481,789 582,063 1,316,750 96.5% 14,579,031 Special Projects 1,097,719 1,127,724 24,591 (54,596) 105.0% 786,612 Debt Service - 34,039 - (34,039) 100.0% 19,658
Other 311,368 687,384 - (376,016) 220.8% -
TOTAL EXPENSES 38,967,298 37,508,237 606,654 852,407 97.8% 15,548,593 Revenue Less Expense 532,702 5,920,774 (606,654) (4,781,418) 763,421

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Twelve Months Ended June 30, 2023 (100% of Fiscal Year)

SANTA BARBARA CLEAN ENERGY FUND

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

REVENUES
Service charges 2,577,568 2,554,631 - 22,938 99.1% 2,369,071 Grants 93,600 91,994 - 1,606 98.3% 169,601
Miscellaneous - 10,493 - (10,493) 100.0% 1
Operating Transfers-In - - - - 0.0% 11,565
TOTAL REVENUES 2,671,168 2,657,118 - 14,050 99.5% 2,550,238

EXPENSES
Salaries & Benefits 812,036 698,438 - 113,598 86.0% 483,931 Materials, Supplies & Services 2,024,878 1,710,605 136,416 177,857 91.2% 1,489,550 Special Projects 192,004 9,545 108,322 74,137 61.4% 11,402 Debt Service 24,140 24,140 - (0) 100.0% 24,140
Capital Outlay Transfers 435 435 - - 100.0% 100,870
Equipment 9,471 12,905 - (3,434) 136.3% 646
Capitalized Fixed Assets 78,600 78,600 - - 100.0% 91,000 TOTAL EXPENSES 3,141,564 2,534,668 244,738 362,158 88.5% 2,201,540 Revenue Less Expense (470,396) 122,450 (244,738) (348,108) 348,697 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 Twelve Months Ended June 30, 2023 (100% of Fiscal Year)

ENERGY AND CLIMATE MANAGEMENT FUND

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 1 General Fund Revenues
The General Fund is the City’s primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund. The Summary of Revenues, General Fund table below reports preliminary General Fund revenues for the month ending June 30, 2023, in Fiscal Year (FY) 2023. For interim financial statement purposes, revenues are reported on a cash basis (i.e., when funds are received). All revenues below have unique collection cycles, therefore may vary from other revenues and result in fluctuations when comparing historical actuals. This table highlights the annual revised budget and actual collections for general tax revenues, franchise fees, and other fees/charges. There are still several pending adjustments that will have an impact on the bottom line; however, the overall year-end result is materially correct and will only show minor changes moving forward. Q4 adjustments are also not represented in the tables below.

SUMMARY OF REVENUES
For the Twelve Months Ended June 30, 2023 Fiscal Year 2023

GENERAL FUND
Current Year Analysis
FY2023
Prior Year Analysis
FY2022
Revised
Budget YTD Actual
Percent
Rec'd
Prior Year
YTD Actual
Change
From
FY22
Property Tax $43,250,489 $46,006,164 106% $42,225,898 9% Sales & Use Tax 26,704,042 29,057,474 109% 28,503,731 2% Measure C Sales Tax 28,323,342 30,732,928 109% 30,824,430 (0%) Transient Occupancy Tax 23,583,553 26,213,987 111% 26,628,111 (2%) Utility Users Tax 7,779,112 7,967,487 102% 7,804,880 2% Business License 2,714,006 2,679,340 99% 2,653,092 1%
Cannabis Excise Tax 1,879,977 1,388,089 74% 1,672,274 (17%) Property Transfer tax 1,328,218 862,195 65% 1,352,652 (36%) Total Taxes $135,562,739 $144,907,663 107% $141,665,065 2% License & Permits 159,858 175,475 110% 215,977 (19%)
Fines & Forfeitures 3,018,920 1,588,657 53% 2,237,471 (29%) Franchise Fee 4,007,090 4,253,175 106% 4,176,090 2%
Use of Money & Property 1,928,576 2,874,637 149% 1,614,970 78% Intergovernmental 2,273,090 2,089,272 92% 15,356,751 (86%) Fee & Charges 15,521,484 15,559,703 100% 14,170,629 10% Miscellaneous 22,582,550 23,369,461 103% 22,225,478 5%
Total Other $49,491,569 $49,910,382 101% $59,997,365 (17%) Total Revenues $185,054,308 $194,818,045 105% $201,662,431 (3%) Summary of Revenues, General Fund
ATTACHMENT 2
Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 2 Property Tax
In 1978, a State constitutional amendment (Article XIIIA) provided that the ad valorem real property tax rate be limited to 1% of market value and be levied only by the county and shared with all other jurisdictions. The County of Santa Barbara collects the property taxes and distributes them to taxing jurisdictions because of the taxing jurisdictions’ assessed valuations, subject to adjustments for voter approved debt. Property taxes are formally due on November 1 and February 1 and become delinquent as of December 10 and April 10, respectively. Taxes become a lien on a property effective March 1 of the preceding year.

As of June 30, 2023, approximately $46.0 Million in property tax revenues were received. During the budget setting process, 2.5% growth was anticipated in FY 2023 when comparing the previous year’s actuals. Actual revenues for this year are now trending to be $2.8 Million above budget. To note, Proposition 13 impacts the amount of property tax collected as it limits how much taxable value of a property can increase every year. This property assessment occurs in January for the subsequent year at a restricted rate of 2% or Consumer Price Index (CPI), whichever is lessor.

Prior to FY 2022, this increase was 2% for several years. CPI in FY 2022 was 1.016% but returned to 2% in FY 2023.

Sales Taxes
Sales and use tax revenue, collected on a cash basis through June 30, 2023, is approximately $29.0 Million. Positive sales tax trends have been observed, likely due to a combination of increased consumer spending (particularly in online and auto sales) and higher than expected inflation. Sales tax, currently received, is 8.8% higher than forecasted for FY 2023.

Measure C Sales Tax
On November 7, 2017, a 1% general sales tax measure (Measure C) was approved, with significant community support for infrastructure needs, which will generate the necessary funds required to improve the citywide PCI rating. Measure C sales tax revenue received at the end of Fourth Quarter (Q4) is approximately $30.7 Million on a cash basis, which is 8.5% higher than expected for FY 2023. The additional Measure C revenue will be programmed to support capital projects in the FY 2025 budget cycle.

Transient Occupancy Tax
Transient Occupancy Tax (TOT) revenue at Q4 is approximately $26.2 Million. There is a higher demand for rooms now that travel has picked up, however, the main cause of the growth is related to increases in average daily rates, which are 30%-40% higher than FY 2019 (pre-pandemic rates). TOT revenues are 11.2% higher than FY 2023 revised budget.

Department and Other Revenues
Cannabis tax revenues have seen a decline (26.2%) primarily attributable to one Cannabis business, due to consolidation of operations and reduced sales in FY 2023 compared to FY 2022.

Various General Fund departments throughout the City generate revenue. These revenue sources combined generated $32.3 Million in FY 2023. Revenues from departments are comprised of various categories in the Summary of Revenues, General Fund table above, but for transparency purposes these variances are broken out by department in the Summary of Departmental Revenues, General Fund table below.

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 3 SUMMARY OF DEPARTMENTAL REVENUES

GENERAL FUND
For the Twelve Months Ended June 30, 2023 Fiscal Year 2023 Department Revised Budget YTD Actual
Mayor & Council $120,000 $76,086 63.4%
City Attorney 311,302 270,000 86.7%
City Administrator 227,548 132,926 58.4%
Human Resources 35,000 7,987 22.8%
Finance 535,631 250,349 46.7%
General Government $1,229,481 $737,348 60.0%
Police 4,096,976 2,843,396 69.4%
Fire 4,531,442 4,773,768 105.3%
Public Safety $8,628,418 $7,617,164 88.3%
Parks & Recreation 7,721,467 6,995,746 90.6%
Library 1,006,298 964,397 95.8%
Community Services $8,727,765 $7,960,144 91.2%
Public Works 7,764,604 7,934,913 102.2%
Sustainability & Resiliency 100,000 39,518 100.0%
Community Development 7,662,134 8,046,538 105.0%
Total $34,112,402 $32,335,624 94.8%
% of Annual Budget 94.8%
Summary of Departmental Revenues, General Fund
General Fund Expenditures
The Summary of Departmental Expenditures, General Fund table below summarizes General Fund expenditures through June 30, 2023, compared to Revised Budget. The Revised Budget column represents the adopted budget, appropriation carryovers from the prior year, and all supplemental appropriations approved by the City Council in the current year. Encumbrances as of June 30, 2023, are shown separately from expense actuals as the inclusion of encumbrances within actuals can distort trends. The City uses encumbrances to control expenditure commitments for the year and to enhance cash management. Encumbrances represent commitments related to contracts not yet performed and purchase orders not yet filled (executory contracts and open purchase orders). Commitments for such expenditure of monies are encumbered to reserve a portion of applicable appropriations. Encumbrances still open at yearend are not accounted for as expenditures and liabilities but rather, as restricted or committed governmental fund balance.

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 4 The FY 2023 adopted budget included several targeted reduction plans to assist with lowering City expenditures. A balancing strategy of roughly $1.0 Million was allocated across General Fund departments, including general reductions and salary-saving measures. Most departments have met or exceeded their goal.

SUMMARY OF DEPARTMENTAL EXPENDITURES

GENERAL FUND
For the Twelve Months Ended June 30, 2023 Fiscal Year 2023 Department
Revised
Budget YTD Actual
Projected
Full Year
YTD Variance
Without
Encumbrance
Encumbrance
Remaining
Budget After
Encumbrances
Mayor & Council $3,369,956 $3,273,811 97% $3,273,811 $96,145 $45,911 $50,234 City Attorney 5,670,041 4,412,778 78% $4,412,778 1,257,263 27,252 1,230,010 City Administrator 4,138,516 3,609,614 87% $3,609,614 528,901 98,028 430,873 Human Resources 3,047,913 2,574,197 84% $2,574,197 473,716 397,006 76,712 Finance 7,272,532 7,083,122 97% $7,083,122 189,409 59,215 130,195 General Government $23,498,959 $20,953,523 89% $20,953,523 $2,545,435 $627,412 $1,918,024 Police 52,574,493 48,042,058 91% $48,042,058 4,532,436 1,158,489 3,373,948 Fire 34,917,542 34,605,481 99% $34,605,481 312,061 225,027 87,034 Public Safety $87,492,035 $82,647,540 94% $82,647,539 $4,844,496 $1,383,515 $3,460,981 Parks & Recreation 21,865,760 19,723,204 90% $19,723,204 2,142,556 314,631 1,827,925 Library 7,670,640 7,202,919 94% $7,202,919 467,721 776 466,944 Community Services $29,536,399 $26,926,123 91% $26,926,123 $2,610,277 $315,407 $2,294,868 Public Works 11,415,564 9,959,206 87% $9,959,206 1,456,358 105,470 1,350,887 Sustainability &
Resiliency 75,245 17,014 23% $17,014 58,231 48,635 9,596 Community
Development 16,159,256 15,079,563 93% $15,079,563 1,079,693 277,548 802,145 Non-Departmental 33,303,533 35,436,169 106% $37,845,755 (2,132,636) 0 (2,132,636) Total $201,480,990 $191,019,138 95% 193,428,723 $10,461,853 $2,757,988 $7,703,864 % of Annual
Budget 94.8% 5.2% 1.4% 3.8%
Summary of Departmental Expenditures, General Fund
Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 5 SUMMARY OF EXPENDITURES BY TYPE

GENERAL FUND
For the Twelve Months Ended June 30, 2023 Fiscal Year 2023 Character Type
Revised
Budget
YTD
Actual
Projected
Full Year
Salaries $77,705,877 $75,432,824 97% $75,432,824
Benefiits 48,389,219 46,075,525 95% $46,075,525
Attrition Savings (4,420,842) $- 0% $-
Salaries & Benefits $121,674,254 $121,508,349 100%
$121,508,34
9 Supplies & Services 15,946,090 11,335,102 71% $11,335,102 Allocated Costs 15,495,102 15,277,640 99% $15,277,640
Special Projects 6,125,659 4,164,132 68% $4,164,132
Other 145,599 143,061 98% $143,061
Supplies & Other $37,712,450 $30,919,935 82% $30,919,935 Equipment 3,124,315 1,900,971 61% $1,900,971
Transfers 38,911,466 36,680,286 94% $39,089,872
Debt Service 58,505 9,596 16% $9,596
Equipment & Capital $42,094,286 $38,590,853 92% $41,000,438 Total $201,480,990 $191,019,137 95%
$193,428,72
3 % of Annual Budget 94.8%
Summary of Departmental Expenditures by Character Code, General Fund Expenditure Analysis by General Fund
The General Fund revised budget of $201.5 Million, which includes $7.9 Million in carried forward appropriations and encumbrances and any FY 2023 council approved amendments, is 95% exhausted ($191.0 Million) as of June 30, 2023. The Summary of Departmental Expenditures, General Fund table above shows performance at department level. 43% of the total budget, including Non-Departmental Expenditures, is appropriated to provide public safety services through the Police and Fire Departments. Community Services comprises 14.7% of the total budget, which includes the City’s Parks and Recreation and Library Departments. General Government makes up

11.7% of appropriations which includes Finance, City Administration, Mayor & Council, City Attorney, Human Resources, and City Clerk departments.

General Government actual spending of approximately $20.9 Million, represents 89% of its associated annual budget. It is a combination of variances; City Attorney actual is 78% of its budget. The predominant variance is related to the $1.1 Million approved Short-Term Rental Enforcement Pilot program that will not take effect until FY 2024; therefore, this appropriation will Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 6 be carried forward.

Public Safety actual spending is approximately $82.6 Million or 94% of the associated annual budget. Lower expense trends are mainly related to staffing shortages through FY 2023.

The Police Department (PD) expended $48.0 Million (91%) of its budget in the fourth quarter.

Overall salaries, which includes overtime, came in at 4.7% under budget ($1.2 Million). Overtime expenditure was 135% of its budget due to ongoing staffing challenges and workloads. Staff continue to manage scheduling and staffing needs to ensure appropriate law enforcement coverage for the City. The Department remains challenged by staffing shortage and long-term Injuries on Duty (IOD). The department currently has 28 sworn positions and 20 professional service positions vacant. Due to these challenges, some programs have been suspended and some staff reassigned to Patrol. Recruitment continues and there are five people in the April 2023 academy who will graduate in October 2023, which will provide additional support. In addition to the $1.2 Million in salary savings at yearend the department used $1.3 Million in salary and benefit savings to purchase new body worn cameras and tasers. The Department will continue to evaluate the staffing needs and make appropriate changes.

Revenue is 69.4% of its budget. This shortfall is mainly due to parking revenue decline related to the limited volume of citations issued because of staffing shortages. The target for parking citation revenue in FY 2023 was adjusted down to $2,128,618, anticipating that the pandemic parking enforcement suspensions would continue to have some impact on future revenue as well as the ongoing staffing challenges. The actual staffing shortage was greater than anticipated. A yearend budget adjustment funded by salary savings is being requested to replenish a negative fund balance within the Public Works Department’s Street Sweeping fund due to additional residential street sweeping expenditures incurred.

The Fire Department (FD) spent $34.6 Million, using 99% of its budget. Combination of staffing shortages, increased overtime, and the carryforward of Vegetation Management for $265K in FY 2024 brings expenditures in line with budget.

Revenue projections were reduced at mid-year and Q3 to reflect a slower than anticipated Mutual Aid season. However, revenue exceeded forecast attributed mainly to higher than anticipated airport reimbursement related to Aircraft Rescue and Fire Fighting (ARFF) services.

Community Services has actual expenditures of $26.9 Million, or 92% of associated budget for FY 2023.

The Library Department spent $7.2 Million, or 94% of its annual budget for FY 2023. Savings in the General Fund at yearend are due to unexpected vacancies and grant funding coverage of salaries. Revenue shortfall is largely due to the continued impact of Central Library construction projects taking longer than expected.

Parks and Recreation (P&R) Department had Q4 expenditures of $19.7 Million (90% of its annual budget). Due to several permanent positions held vacant in Q1 and the mandated hiring freeze implemented in Q4, P&R achieved FY 2023 required budget reduction targets (1% of expenditure budget). Additionally, a large portion of savings is due to the reduction in noncontractual services and supplies related to the Trapeze Camp and other programs. An important thing to note is that most Recreation programs are contracted out and expenditures are offset by the revenue they generate. The Department continues to provide essential services, such as park Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 7 maintenance to ensure that the community has access to safe and clean open spaces, food distribution and senior meal programs, recreation programming, camps, and affordable activities for youth and adults. Aside from core functions, the P&R Department continues to advance key capital infrastructure planning, design, and construction to ensure safe and accessible conditions.

The Public Works Department (PWD) had expenditures of $9.96 Million, or 87% of its annual budget for FY 2023. Salary and benefit savings for administrative support throughout the department contributed to the savings. These positions have now been filled. Environmental programs were 69% of budget primarily due to underground tank abatement and remediation.

The savings for the remediation projects will be carried forward to FY 2024 for upcoming remediation projects that were pushed due to prior budget constraints.

The Sustainability & Resilience (S&R) Department had expenditures of $17K related to the CalRecycle program that is solely grant funded. Approximately $57K of this grant will be encumbered and fully spent by the end of FY 2024. The CalRecycle program’s mission is to protect California’s environment and climate for the health and prosperity of future generations through the reduction, reuse and recycling of California resources, environmental education, disaster recovery, and the transition from a disposable to a fully circular economy.

The Community Development Department (CDD) had expenditures of $15.1 Million or 93% of its annual budget. There was high demand this year for development services/permits which drove the revenue budget exceedance. As for expenditure shortfall, the main driver of savings was related to recruiting challenges that resulted in sustained rates of high vacancies.

Non-Departmental expenditure includes transfers from the General Fund to other funds. Most transfers occurring are to the Measure C fund which supports various capital maintenance and improvement projects. Anticipated year-end attrition savings are also recorded here, which helps balance variances achieved. Prior quarter, a transfer of $4.0 Million from the General Fund into the Self-Insurance fund (SIF) was adopted to address the growing underfunded reserves in the SIF. The actuarial recommended reserve level in the SIF grew from $18.3 Million in FY 2022 to $24.4 Million in FY 2023 – a $6.1 Million increase. The allocations into the SIF in FY 2023 and planned for FY 2024 and beyond are not adequate to bring reserves up to the actuarial recommended level; therefore, staff will consider transferring additional General Fund resources, as available, into the SIF which is in line with Council’s prior direction to allocate additional resources to address the underfunded position, in future budget cycles.

General Fund Reserves Projection
The General Fund, Fund Balance table below summarizes reserve projections for FY 2023, compared to actual reserves from prior years. General Fund has two reserve targets, Disaster Reserves and Contingency Reserves.

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 8 General Fund,
Fund Balance
FY2019
Actual
FY2020
Actual
FY2021
Actual
FY2022
Actual
FY2023
Projected at
Q4
FY23 v FY22
Projected
Change in
Reserve
Contingency
Reserve Target
10%
$13,910,966 $13,799,412 $14,255,661 $15,650,447 $16,862,261 $1,211,814 Disaster Reserve
Target 15% 20,866,449 20,699,118 21,383,491 23,475,670 25,293,392 1,817,722 Total Policy
Reserve Target $34,777,415 $34,498,530 $35,639,152 $39,126,117 $42,155,653 $3,029,536 (Below) / Above
Policy (1,513,888) (8,526,275) (1,419,589) 464,613 (3,841,688) (4,306,301) Actual Reserves $33,263,527 $25,972,255 $34,219,563 $39,590,730 $38,313,965 ($1,276,765) Self-Insurance
Fund UnderReserve*(2,109,073) (4,580,532) (4,758,252) (5,889,878) ($5,793,359) 96,519 Remaining
Contingency
Reserve
$10,288,005 $692,605 $8,077,820 $10,225,182 $7,227,214 ($2,997,968) *SIF Note: The SIF under-reserve assumes that 48% of the $10.9 Million lower reserve position is the responsibility of the General Fund.

General Fund Reserves, Balance Summary
The Disaster Reserve is restricted to use in addressing the financial impacts of natural disasters, such as storms, floods, wildfires, droughts, tsunamis, earthquakes, and any other event that results in significant damage to City facilities and infrastructure or a significant reduction of normal operating revenues. The amount of the required Disaster Reserve is calculated based on 15% of the most recently adopted fiscal year operating expenditure budget.

The purpose of the Contingency Reserve is to allow for the orderly implementation of a balancing strategy to address the fiscal impacts of unexpected events to minimize the impacts to the organization and community. The most common of these events would be an economic recession that results in a significant impact on key revenues such as sales, transient occupancy, or property taxes. The Contingency Reserve is calculated based on 10% of the most recently adopted fiscal year operating expenditure budget. This table summarizes General Fund reserve targets of 15% Disaster and 10% Contingency as required by City Council Resolution No. 22-126, which amended Resolution No. 12-066 and rescinded Resolution No. 18-056. Any use of the Disaster or Contingency reserves requires a majority vote of approval by the City Council. Staff will continue to address anticipated changes to reserves based on projections in future quarterly reports to City Council.

The FY 2023 adopted budget required strategic use of a small amount of reserves to balance the budget. Reserves were largely replenished in FY 2022; however, they are projected to decline slightly in FY 2023. The SIF is still underfunded based on the actuarial recommended level, which continues to present a burden on the General Fund.

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 9 The graph below summarizes the General Fund Reserves since FY 2005, including a projection of ending reserves at the end of FY 2023. The FY 2023 adopted budget appropriated use of $1.0 Million of reserves to balance the budget. FY 2023 also includes the use of carryforward appropriation from FY 2022, which is included in the revised budget. Per the City Council revised reserve policy, a proportional share of surpluses in City funds would be allocated to address the ongoing pension costs and liabilities, and the remaining reserves would stay in General Fund reserves to address future budget challenges.

General Fund Reserves, Summary
(FY 2023 are projections, whereas other years are actuals) Enterprise Operating Fund Revenues and Expenses
Unlike the General Fund, that relies primarily on taxes to fund programs and services, Enterprise Funds, also known as Proprietary Funds, are financed primarily from user fees and other non-tax revenues. The Summary of Revenues & Expenses, Enterprise Funds table below reports Enterprise Fund revenues and expenses through June 30, 2023, associated Annual Budget, projected end-of-year actuals and prior year actuals for this same twelve-month period.

Encumbrances as of June 30, 2023, are shown separately from expense actuals as the inclusion of encumbrances within actuals can distort trends. Proprietary funds of the City include the Water Fund, Wastewater Fund, Airport Fund, Waterfront Fund, Solid Waste Fund, Downtown Parking Fund, Clean Energy Fund, and Golf Fund.

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 10 SUMMARY OF REVENUES & EXPENSES
For the Twelve Months Ended June 30, 2023 Fiscal Year 2023

ENTERPRISE FUNDS
Current Year Analysis FY2023
Revised
Budget
YTD
Actual
YTD
Percent Encumbered
Prior Year
YTD Actual
FY2022
%Variance
Solid Waste Fund
Revenues $34,272,920 $34,216,276 99.8% $0 $33,930,892 0.8% Expenses 34,958,987 32,940,903 94.2% 135,124 29,816,546 10.5% Add / (Use)
Reserves ($686,067) $1,275,372 ($135,124) $4,114,347
Water Fund
Revenues 70,492,814 66,894,697 94.9% 0 78,582,151 -14.9% Expenses 73,981,719 65,752,353 88.9% 2,065,594 66,416,925 -1.0% Add / (Use)
Reserves ($3,488,905) $1,142,344 ($2,065,594) $12,165,226 Wastewater Fund
Revenues 27,441,554 26,955,781 98.2% 0 25,910,883 4.0%
Expenses 28,741,397 27,024,457 94.0% 1,064,527 25,201,267 7.2% Add / (Use)
Reserves ($1,299,843) ($68,677) ($1,064,527) $709,616
Downtown Parking
Fund
Revenues 10,621,353 10,313,259 97.1% 0 6,992,483 47.5%
Expenses 10,812,012 10,464,739 96.8% 173,655 8,048,166 30.0% Add / (Use)
Reserves ($190,659) ($151,480) ($173,655) ($1,055,683)
Clean Energy Fund
Revenues 39,500,000 43,429,010 109.9% 0 16,312,014 100.0% Expenses 38,967,298 37,508,237 96.3% 606,654 15,548,593 141.2% Add / (Use)
Reserves $532,702 $5,920,774 ($606,654) $763,421
Airport Fund
Revenues 27,238,151 27,372,269 100.5% 0 30,280,673 -9.6% Expenses 32,767,740 29,649,278 90.5% 740,345 27,226,349 8.9% Add / (Use)
Reserves ($5,529,589) ($2,277,009) ($740,345) $3,054,324 Golf Fund
Revenues 4,042,489 4,253,125 105.2% 4,198,344 1.3%
Expenses 3,912,057 3,723,059 95.2% 3,257,816 14.3%
Add / (Use)
Reserves $130,432 $530,066 $0 $940,528
Waterfront Fund
Revenues 17,036,131 18,817,674 110.5% 0 17,814,379 5.6% Expenses 19,381,242 18,054,379 93.2% 238,981 15,015,686 20.2% Add / (Use)
Reserves ($2,345,109) $763,294 ($238,981) $2,798,694
Summary of Revenues & Expenses, Enterprise Funds
Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 11 Solid Waste Fund
The Solid Waste Fund accounts for trash and recycling services and related programs. Solid Waste Revenues are $34.2 Million for FY 2023, which aligns with budget. A large majority of this revenue ($33.7 Million) comprises of trash & recycling service charged to customers. The main costs of the fund are for hauling service (provided by the City’s franchise hauler MarBorg Industries), for processing and disposal services through the ReSource Center at the Tajiguas Landfill (administered by the County of Santa Barbara), and other trash and recycling programs managed by City staff. Actual expenditures are $32.9 Million (94.2% of budget) and is below budget largely due to slightly lower MarBorg compensation, salaries/benefits savings due to vacancies, and some savings related to professional services.

Water Fund
The Water Fund accounts for the provision of water services to the residents of the City and some residents of the County. At the end of FY 2023, Water Fund revenues have totaled $66.8 Million, or 94.9% of its adopted budget, which includes anticipated seasonal variance in revenues related to higher water demand in summer months. Due to recent storm events, there was a slight shift in water use for FY 2023, resulting in a decrease in revenue of 7.7% when compared to budget.

Expenditures ended Q4 at $65.7 Million or 91.7% of its annual budget (including encumbrances).

Largely due to vacancies and Special Projects (water purchases/delivery), expenditures are under budget by $6.1 Million. Given the plentiful rainfall this year there was no need to purchase additional water this year.

Wastewater Fund
The Wastewater Fund accounts for the provision of sewer services to the residents of the City and some residents of the County. FY 2023 revenues are on target at $26.9 Million (98.2% of its annual budget). Only a portion of Wastewater rates depend on water usage, which explains why there is less variability in Wastewater rate revenue when compared to Water rate revenue. Various other revenue sources such as interest income, sewer tap fees, pre-treatment analysis, and Fats-OilsGrease (FOG) disposal fees experienced small variances that contributed to the overall balance of revenues.

Expenditures are below budget at $27.0 Million (94% of budget). Encumbrance for $1.0 Million brings total expenditures to 97.7% of its annual budget. Special Projects ended the year at $767K or $148K (16%) below budget due to a shift of CCTV costs to the capital program. To receive the best pricing for the CCTV project, it was determined to encumber the entire three-year contract in FY 2023. The special projects fund was developed to address only one year of the CCTV; therefore, the entire CCTV contract was encumbered in the CIP SSO fund and not the special project fund.

Downtown Parking Fund
Downtown Parking Fund accounts for the provision of parking services in the downtown area of the City. All activities necessary to provide such services are accounted for in this fund including, but not limited to, administration, operations, maintenance, billing and collection of fees, capital acquisition, construction, and financing and related debt service. At Q4, actual revenues for Downtown Parking are approximately $10.3 Million or 97.1% of its annual budget. When most of the revenues exceeded budget expectations, service charges were down slightly, mainly due to difficulty staffing hourly lots for self-service in the mornings and decreased demand. Other revenue factors include the Parking and Business Improvement Area (PBIA) assessment exceeding projected budget by nearly $134.4K, due to stronger business activity Downtown.

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 12 Overall expenditures for Q4 are $10.4 Million, or 96.8% of its annual budget. Shortfall is related to salary and benefit savings of $206K with an offset of $80K from supplies and services.

Clean Energy Fund
The Clean Energy Fund accounts for the cost to procure clean and renewable electric energy on behalf of the Santa Barbara Community. The Santa Barbara Clean Energy Fund began operation in October 2021 and started receiving revenue in Q2 FY 2022. Through yearend, revenues are $43.4 Million or 9.9% over budget. The energy rates that SBCE charges customers are tied to the rates that Southern California Edison (SCE) charges customers (a slight 1.6 cent per kilowatthour premium above the SCE rate). SCE’s rates can change throughout the year, and in February 2023, SCE instituted a substantial rate increase and instituted a second rate increase that went into effect in June 2023. These increases resulted in SBCE’s revenues to be $4.0 Million above budget.

Expenditure for the SBCE Fund through Q4 are approximately $37.5 Million or 96.3% of the budget. There has been significant volatility in the cost of energy in the open market, which led to large one-time increases in September and December. The combined effect of the increases in revenue and expenditure means that SBCE achieved a significant $5.9 Million positive variance at yearend which will not only boost reserves but will fund customer programs for FY 2024.

Airport Fund
The Airport Fund accounts for the operation of the municipal airport and the administration of leases of airport property. The Airport Department continues to see a strong level of commercial airline passenger activity since the beginning of summer 2022. For this fourth quarter (April to June 2023) commercial airline passenger activity reached 100,000 passengers during the month of April, putting us closely on track towards the unprecedented achievement in October 2022, when we reached over 120,000 passengers in one month for the first time in Santa Barbara Airport history. Total Airport revenues of $27.3 Million encompass 100.1% of the annual budget.

Revenues exceeding budget are Parking, Ground transportation, rental cars, and Concessions which largely offset Commercial/Industrial lease shortfall of 93.03% of its FY 2023 budget.

Total Airport expenses of $29.6 Million and $740K in encumbrances encompass 92.7% of its annual budget. Salaries and benefits ended at 98.3% of its forecast. The airport is actively recruiting to fill vacancies to ensure operational needs are met. The Airport is seeking additional appropriations to support the Parking Program, which has grown into a significant revenue source.

As a strong domestic leisure market, the Santa Barbara Airport is continuing to see sustained recovery in commercial airline activities despite higher than usual weather cancelations, airline staffing shortages, and airline technological issues. The Airport continues to right size operations to meet what is likely sustained growth in customer demand.

Golf Fund
The Golf Course Fund accounts for the operation of the municipal golf course. All activities necessary to provide such services are accounted for in this fund including, but not limited to, administration, operations, maintenance, capital acquisition and construction, financing and related debt service, and billing and collection of fees. At Q4, actual golf revenues are $4.3 Million or 5.2% over its annual budget. Paid rounds and concession performance exceeded budget. After the rainy weather experienced in Q3, golfers returned to the course in full force and the golf course experienced high use of the facility throughout Q4. At yearend, the golf course achieved 65,647 paid rounds of golf which is 5% (3,032 rounds) ahead of budget. As a result of the strong revenues earned, the course operator received an incentive fee for a third consecutive year as projected.

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 13 In addition, Mulligans, the golf course restaurant concessionaire performed well; $232K or 43% above FY 2023 budget.

Expenditure at Q4 ended at $3.7 Million (95.2% of annual budget), which is consistent with projected levels. All expenditures aligned with FY 2023 forecast aside from materials, supplies, and services which provided budget savings.

Waterfront Fund
The Waterfront Fund accounts for the operation of the City managed waterfront that includes a public wharf, a small craft harbor, and parking facilities. Actual revenues for FY 2023 are $18.8 Million or 10.5% over its annual budget. Commercial and Food Service leases were over FY 2023 projections by 15.6 % and 16.2% respectively or a total of $811K. Budgeted revenues were very conservative due to significant COVID related economic uncertainty and poor weather.

Actual expenditures for Q4 are $18.0 Million (93.2% of annual budget) and encumbrances are $238,981 collectively representing 94.4% of the Waterfront’s total annual budget. Salaries and Benefits finished slightly below budget for FY 2023. The savings are the result of numerous positions being held vacant. Supplies and services ended the year 9.7% below budget due to careful planning and cutting costs.

The January 2023 storms and swell events resulted in an Emergency Declaration at the Federal, State, and Local levels. It is the intent of the Waterfront and all other impacted departments to go after all available reimbursement funding options.

Enterprise Operating Funds: Year-End Projected Reserves The Enterprise Operating Funds, Reserves table below summarizes the anticipated impact on reserves in each major enterprise fund at the end of FY 2023 compared to policy reserve targets.

Enterprise
Operating Funds
FY2022 Policy
Reserves
FY2022
Available
Reserves
FY2023
Projected Add
(Use) of
Reserves
FY2023
Projected
Available
Reserves
Solid Waste 5,174,504 2,441,640 1,275,373 3,717,013
Water 32,648,426 15,106,164 1,142,344 16,248,508
Wastewater 11,112,046 658,121 (68,676) 589,445
Downtown Parking 2,784,756 58,443 (151,480) (93,037)
Clean Energy 8,306,226 (9,694,992) 5,920,774 (3,774,219) Airport 7,632,879 5,403,913 (2,277,009) 3,126,904
Golf 969,828 1,546,063 530,066 2,076,129
Waterfront 3,932,918 4,207,206 763,294 4,970,500
Enterprise Operating Funds, Reserves
For FY 2023, all enterprises aside from Clean Energy and Downtown Parking, are anticipated to have a funded position. It was mentioned Q2 that the Clean Energy fund would propose a reserve policy, this occurred and was adopted December 8, 2022, by Resolution No. 22-126. This policy Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 14 noted that the Solid Waste and Clean Energy Enterprise Operating Funds shall utilize the contingency reserve to buffer a significant loss in revenue or the impacts of significant rate increases, and the use of these reserves should be considered one-time revenue as future rates will need to be adjusted to address any ongoing expense increases.

Interdepartmental Services Operating Fund Revenues and Expenses The City has established internal service funds for centralized services that provide support across most or all funds and departments. These functions primarily include Fleet, Facilities, Risk Management, Creeks, and Information Technology. The interim quarterly reports would typically not discuss in detail major changes in the City’s internal services departments and funds, as major changes typically do not occur during the year. For additional information, please see attachment 1, Interim Statement of Revenues and Expenditures for additional details.

Self-Insurance Fund (SIF)
The City purchases insurance policies to cap its exposure to loss for specific hazards. The SIF accumulates revenues through an annual allocation from departments as an expenditure to each department. The SIF then funds the program’s annual renewals for insurance coverage for claims that may arise and to cover salaries/benefits of staff administering the program.

The SIF has had and is projected to have challenges in receiving adequate annual allocations to the fund from operating departments and not having adequate reserves in the fund to pay future claims. The cost to the City to retain existing property, excess general liability, and other insurance programs has increased substantially over the years. Liability coverage has become more expensive across the nation due to various substantial claims; notable claims related to law enforcement and droughts and wildfires in the Western United States and California included.

The adopted budget included additional allocations into the SIF to begin to increase reserves to achieve the actuarial recommended level over the next nine years. Expenditures of $14.7 Million represent 101.7% of total budgeted expenditures through Q4. The most current actuarial report recommended a SIF balance of $24.1 Million by the end of FY 2023, a $5.8 Million increase from the prior fiscal year.

On November 16, 2021, staff presented an overview to the Finance Committee of major changes anticipated in the insurance industry, budget considerations for FY 2022 and FY 2023, and substantial increases to operating department allocations into the SIF to ensure ongoing premium and claim payments costs can be met, and adequate reserves are achieved. The Finance Committee unanimously supported implementing a plan to gradually increase allocations into the SIF over the next nine fiscal years to achieve target reserves at or near the actuarial recommended level. Staff built these allocation increases into the FY 2023 budget.

Staff proposed a $4.0 Million transfer from the General Fund into the SIF by the end of FY 2023.

This action was adopted during Q2 and will help stabilize the SIF reserves further to fund the City’s insurance programs and reduce future funding challenges.

The graph below, Self-Insurance Fund, Actuarial Recommendation, shows the actuarial recommended reserve, the actual/projected cash in the SIF over the past 12 years, and the gradual/substantial reduced reserve levels in recent years.

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 15 Self-Insurance Fund, Actuarial Recommendation
$0
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
$30,000,000
$35,000,000
$40,000,000
Self-Insurance Fund
Actuarial Recommended Reserve vs. Actual/Projected Cash Total Actuarial Recommended Reserve Cash Held in SIF
ATTACHMENT 3
Increase
Increase (Decrease) in Addition to
(Decrease) in Estimated (Use of)
Appropriations Revenues Reserves
GENERAL FUND (Fund 1000)
Increase appropriations to reimburse for pandemic pay $ (680) 680 $ $ 34,008 34,008 $
$ 11,705 11,705 $
$ (1,903) 1,903 $
$ (43,810) 43,810 $
$ - (230,837) $ 230,837 $
$ - 230,837 $ (230,837) $
$ - (66,600) $ 66,600 $
$ - 66,600 $ (66,600) $
Increase appropriation for the surplus Public Works Technology Fee revenues received in Fiscal Year 2023 that exceeded related costs (the technology fee revenue less the Public Works Accela project backfill and operational costs) At year end this fee revenue was sufficient to cover the operational costs related to the technology fee so the surplus is transferred to the Capital Outlay Fund to fund the eventual replacement of the Accela system. $ (95,039) 95,039 $
$ 3,969 3,969 $ - $
$ 955 955 $ - $
$ 11,250 11,250 $ - $
$ - (163,601) $ 163,601 $
$ - (36,399) $ 36,399 $
$ - 200,000 $ (200,000) $
Increase estimated revenue for the new Ice N Paradise camp, introduced in Q4 FY24. $3,249.71 is percentage of revenue retained by City for program. $ 12,877 - $ 12,877 $
Increase appropriations for the new Ice N Paradise camp, introduced in Q4 FY24. Adjustment will balance to actual expenditure incurred. $ - 9,627 $ (9,627) $
Total General Fund (1000) $ 74,764 167,233 $ (92,469) $

SPECIAL REVENUE FUNDS
Police Asset Fund (2310)
$ - (1,449) $ 1,449 $
$ - 1,449 $ (1,449) $
Total Police Asset (2310) $ - - $ - $
Street Sweeping Fund (2405)
Increase estimated revenue to fund the year-end shortfall in the Residential Street Sweeping Program and the negative Reserve balance in the Street Sweeping Fund. $ 230,837 - $ 230,837 $ Total Street Sweeping Fund (2405) $ 230,837 - $ 230,837 $ City of Santa Barbara
Fiscal Year 2023 Financial Statements for the Twelve Months Ended Jun 30, 2023 Schedule of Proposed Fourth Quarter Budget Adjustments
Technology Fees received in excess of technology related costs for the year are transferred to the Capital Fund to support future technology needs and upgrades. The FY23 Technology Fees Capital Fund transfer exceeds the budgeted amount.

This entry increases the expenditure appropriations for transfer out, increases expenditure appropriations for unbudgeted purchase of additional Accela licenses, increases estimated revenue for transfer in to Fund 3000, and balances the entry in the General Fund by increasing estimated revenues for Technology Fees to offset the increase in appropriations for the transfer out and unbudgeted Accela expenditures.

Decrease Salary appropriation to increase appropriation to transfer out to cover negative reserve balance in the Residential Street Sweeping Fund by increasing estimated revenue.

Decrease appropriations for Reserve for Drug/Gang Asset Forfeiture and Increase appropriations to balance SIF/Buy Money account.

Increase estimated revenue to transfer in the anonymous donation received in the Misc Grants fund and increase appropriations to spend in special supplies for the Central Library, Eastside Library, and Library on the Go Program respectively.

Decrease appropriations in Permanent Salaries and Hourly Salaries due to salary savings in FY2023 and increase appropriation in Digital Collections in FY2024.

Decrease appropriation in Motor Vehicle Expenses in General Fund and increase appropriation in Vehicle Replacement by $66,000 to reclass vehicle and equipment purchase (already budgeted in 10003425 for additional department expenses)

ATTACHMENT 3
Increase
Increase (Decrease) in Addition to
(Decrease) in Estimated (Use of)
Appropriations Revenues Reserves
SPECIAL REVENUE FUNDS (Continued)
Community Development Miscellaneous Grants Fund (2810)
Increase estimated revenue and appropriation of $40,000.00 in REAP Grant Funds. The City received a REAP Grant in the amount of $499K with a period of activity from 1/1/21 through 12/31/23. The grant has been programmed as needed and this budget request adds necessary funding for consultant services related to the General Plan Subsequent Program Environmental Impact Report.
$ 40,000 40,000 $ - $
Total Community Development Miscellaneous Grants Fund (2810) 40,000 $ 40,000 $ - $ Police Miscellaneous Grants Fund (2830)
Increase appropriation and estimated revenue for National Opioid Abatement Trust II Settlement funds. $ 11,013 11,013 $ - $ Total Police Miscellaneous Grants Fund (2830) $ 11,013 11,013 $ - $ Library Miscellaneous Grants Fund (2850)
$ 3,969 3,969 $ - $
$ 955 955 $ - $
$ 11,250 11,250 $ - $
Increase estimated revenue and appropriation for a donation for SB Reads in FY2024 from The Santa Barbara Public Library Foundation. $ 25,000 25,000 $ - $
Increase estimated revenue and appropriation for revenue earned for teen initiatives from funds raised by the Teen Advisory Board vending machine at the Eastside Library in FY2023. $ 402 402 $ - $ Increase estimated revenue and appropriation for additional revenue received in FY2023 from funds raised by The Friends of the Central Library. $ 971 971 $ - $
Increase estimated revenue and appropriation for a donation from The Santa Barbara Public Library Foundation for the Library on the Go Program. $ 25,000 25,000 $ - $
Increase estimated revenue and appropriation for an anonymous donation received in FY2023 to support the OrtonGillingham Tutor Program. $ 5,000 5,000 $ - $ $ 72,547 72,547 $ - $
Parks and Recreation Miscellaneous Grants Fund (2860)
Increase estimated revenue in line with contributions towards the Russ Morrison Junior Golf Program $ 12,758 - $ 12,758 $ Total Parks and Recreation Miscellaneous Grants Fund (2860) - $ 12,758 $ 12,758 $ Increase estimated revenue for an anonymous donation received in Fiscal Year 2023 and Increase appropriation in transferout to cover special supplies for the Central Library, Eastside Library, and Library on the Go Program respectively.

ATTACHMENT 3
Increase
Increase (Decrease) in Addition to
(Decrease) in Estimated (Use of)
Appropriations Revenues Reserves
SPECIAL REVENUE FUNDS (Continued)
Capital Outlay Fund (3000)
Technology Fees received in excess of technology related costs for the year are transferred to the Capital Fund to support future technology needs and upgrades. The FY23 Technology Fees Capital Fund transfer exceeds the budgeted amount.

This entry increases the expenditure appropriations for transfer out, increases expenditure appropriations for unbudgeted purchase of additional Accela licenses, increases estimated revenue for transfer in to Fund 3000, and balances the entry in the General Fund by increasing estimated revenues for Technology Fees to offset the increase in appropriations for the transfer out and unbudgeted Accela expenditures.
$ 43,810 - $ 43,810 $
Increase estimated revenue in Capital Outlay Funds for the surplus Public Works Technology Fee revenues received in Fiscal Year 2023 that exceeded related costs (the technology fee revenue less the Public Works Accela project backfill and operational costs). At year end this fee revenue was sufficient to cover the operational costs related to the technology fee so the surplus is transferred to the Capital Outlay Fund to fund the eventual replacement of the Accela system. $ 95,039 95,039 $
Total Capital Outlay Fund (3000) $ 138,849 - $ 138,849 $ Measure C Capital Fund (3010)
$ - 161,100 $ (161,100) $
$ (161,100) - $ 161,100 $
Total Measure C Capital Fund (3010) $ - - $ - $
Streets Grant Capital Fund (3410)
Increase estimated revenue and appropriation for estimated additional grant revenue to be received from Caltrans for additional construction costs. $ 52,000 52,000 $ - $
Increase estimated revenue and appropriation for estimated additional grant revenue to be received from Caltrans for additional construction costs. $ 18,000 18,000 $ - $
Increase estimated revenue and appropriation for additional grant revenue to be received from Caltrans for additional preliminary engineering costs. $ 1,600 1,600 $ - $
Increase estimated revenue and appropriation for additional grant revenue to be received from Caltrans for additional preliminary engineering costs. $ 12,000 12,000 $ - $
Total Streets Grant Capital Fund (3410) $ 83,600 83,600 $ - $ Increasing appropriation in Measure C Las Positas Multiuse Path by decreasing appropriation in Measure C Overlays for extra work completed by C.A. Rasmussen in FY23. Council has approved appropriation authority in FY24 for the contract increase with C.A. Rasmussen, therefore the duplicate appropriation will be reversed in quarter 1 in FY24.

ATTACHMENT 3
Increase
Increase (Decrease) in Addition to
(Decrease) in Estimated (Use of)
Appropriations Revenues Reserves

ENTERPRISE FUNDS
Water Operating Fund (5000)
Increase estimated revenues to transfer UB System Upgrade funds to Water, Wastewater, and Solid Waste from IT. - $ 67,791 $ 67,791 $ Increase appropriations in the amount of $10,628 to transfer from the Water Fund reserves to fund additional costs in the Distribution Reservoir Maintenance project due to immediate needs at Gibraltar Reservoir from winter storm damage. $ - 10,628 $ (10,628) $ Total Water Operating Fund (5000) $ 67,791 10,628 $ 57,163 $ Water Capital Fund (5010)
$ - (300,000) $ 300,000 $
$ - 300,000 $ (300,000) $
Increase appropriation and estimated revenue in the amount of $10,628 to fund additional costs in the Distribution Reservoir Maintenance project due to immediate needs at Gibraltar Reservoir from winter storm damage from the Water Fund Reserves.
$ 10,628 10,628 $ - $
$ -
Total Water Capital Fund (5010) $ 10,628 10,628 $ - $
Wastewater Operating Fund (5100)
Increase estimated revenue to reimburse for pandemic pay - $ 173 $ 173 $ Increase estimated revenues to transfer UB System Upgrade funds to Water, Wastewater, and Solid Waste from IT. $ 67,791 - $ 67,791 $ Increase appropriations in the amount of $1,106,163, to transfer from Wastewater Fund reserves to temporarily fund project construction costs for the Braemar Lift Station project in anticipation of additional SRF loan funds to reimburse reserves once the SRF funds are received in the coming months.
$ - 1,106,163 $ (1,106,163) $
Total Wastewater Operating Fund (5100) $ 67,964 1,106,163 $ (1,038,199) $ Wastewater SRF Fund (5130)
Increase appropriation and estimated revenue to temporarily fund project construction costs for the Braemar Lift Station project in anticipation of additional SRF loan funds to reimburse reserves once the SRF funds are received in the coming months.
$ 1,106,163 1,106,163 $ - $
Total Wastewater SRF Fund (5130) $ 1,106,163 1,106,163 $ - $ Downtown Parking Operating Fund (5300)
Increase estimated revenue to reimburse for pandemic pay - $ 507 $ 507 $ Total Downtown Parking Operating Fund (5300) $ 507 - $ 507 $ Solid Waste Fund (5400)
Increase estimated revenues to transfer UB System Upgrade funds to Water, Wastewater, and Solid Waste from IT. - $ 67,791 $ 67,791 $ Total Solid Waste Fund (5400) $ 67,791 - $ 67,791 $
Golf Course Fund (5600)
Increase estimated revenue and appropriation; Player Course Improvement Golf Fund Operating Transfer to Capital 1,978 $ 1,978 $ - $ Total Golf Course Fund (5600) $ 1,978 1,978 $ - $
Golf Course Capital Fund (5610)
Increase estimated revenue and appropriation; Player Course Improvement Increase Capital Revenue and Expense 1,978 $ 1,978 $ Total Golf Course Capital Fund (5610) $ 1,978 1,978 $ - $ Decrease appropriations from the Main Replacement program in the amount of $300,000 and increase appropriations for a contract change order for the Desal Conveyance main contractor to cover additional water main replacement work outside of the original contract.

ATTACHMENT 3
Increase
Increase (Decrease) in Addition to
(Decrease) in Estimated (Use of)
Appropriations Revenues Reserves
ENTERPRISE FUNDS (Continued)
Airport Operating Fund (5700)
Increase estimated revenue by $56,620 for revenues received for Customer Facility Charge (CFC) Funded Capital - $ 56,620 $ 56,620 $ Total Airport Operating Fund (5700) $ 56,620 - $ 56,620 $ Airport Capital Fund (5710)
$ - 27,585 $ (27,585) $
$ - 9,834 $ (9,834) $
$ - 609 $ (609) $
$ - (140,909) $ 140,909 $
$ - 928 $ (928) $
$ - 78,052 $ (78,052) $
$ - 23,871 $ (23,871) $
$ - 466,029 $ (466,029) $
$ - (466,000) $ 466,000 $
Decrease estimated revenue to reduce CFC revenue estimated $1,000,000. $ (1,000,000) - $ (1,000,000) $ Total Airport Capital Fund (5710) $ (1,000,000) - $ (1,000,000) $ Airport Customer Facility Charge Fund (5740)
Decrease estimated revenue for Customer Facility Charge (CFC) and decrease appropriation by $943,380 to true-up reduced CFC revenues. $ (943,380) (943,380) $ - $
Total Airport Customer Facility Charge Fund (5740) (943,380) $ (943,380) $ - $

INTERNAL SERVICE FUNDS
Self Insurance Fund (6100)
Increase expenditure appropriations for additional claim expenditures in FY2023 222,204 $ - $ (222,204) $ Total Self Insurance Fund (6100) $ - 222,204 $ (222,204) $ Information Technology Capital Fund (6210)
$ - 203,373 $ (203,373) $
$ - (203,373) $ 203,373 $
Total Information Technology Capital Fund (6210) $ - - $ - $ Fleet Maintenance Fund (6400)
Increase expenditure appropriations funded from reserves to cover unanticipated motor vehicle expenses this fiscal year. $ - 90,418 $ (90,418) $ Total Fleet Maintenance Fund (6400) $ - 90,418 $ (90,418) $ Fleet Replacement Fund (6410)
$ 66,000 66,000 $
$ (66,000) 66,000 $
Total Fleet Replacement Fund (6410) $ 66,000 66,000 $ - $ Increase estimated revenue and appropriation by $66,000 to reclass vehicle and equipment purchase (already budgeted in 10003425 for additional department expenses) from the general fund.

Decrease appropriations for UB System Upgrade and increase appropriations to transfer funds to Water, Wastewater, and Solid Waste by increasing estimated revenue.

Decrease appropriations for Lessee Building Maintenance by $140,908.72 and increase appropriations in various over budgeted capital items to adjust for year-end.

Increase/Decrease appropriations to correct a 3rd quarter adjustment.

1 ORDINANCE NO._______

AN ORDINANCE OF THE COUNCIL OF THE

CITY OF SANTA BARBARA AMENDING THE

SANTA BARBARA MUNICIPAL CODE BY
AMENDING SECTION 16.04.120 RELATING TO

LOCAL LIMITATIONS ON WASTEWATER

STRENGTH

THE CITY COUNCIL OF THE CITY OF SANTA BARBARA DOES ORDAIN AS FOLLOWS:

SECTION 1: Section 16.04.120 of Chapter 16.04 of Title 16 of the Santa Barbara Municipal Code is amended to read as follows:

16.04.120 Local Limitations on Wastewater Strength.

A. LIMITS ON WASTEWATER STRENGTH. No person shall discharge wastewater having any of the following pollutants in excess of the following daily maximum quantities at the point where the wastewater is discharged to the community sewer:
490 milligrams per liter (mg/L) ammonia as N

0.93 mg/L arsenic

0.19 mg/L cadmium

4.6 mg/L copper

0.90 mg/L cyanide

1.9 mg/L lead
22 mg/L molybdenum
.064 mg/L mercury

6.4 mg/L nickel

0.93 mg/L silver

3.4 mg/L total chromium

8.1 mg/L zinc

1.8 mg/L selenium
100 mg/L total oil or grease.

All concentrations for metallic substances are for total metal, unless indicated otherwise. The City may impose mass limitation in addition to the concentrationbased limitations above.

Agenda Item No. 1
File Code No. 540.13
2 B. DILUTION PROHIBITED. No user shall ever increase the use of process waste, or in any way attempt to dilute a discharge, as a partial or complete substitute for adequate treatment to achieve compliance with a discharge limitation, unless expressly authorized by an applicable pretreatment standard or requirement.

The City may impose mass limitations on users who are using dilution to meet applicable pretreatment standards or requirements, or in cases when the imposition of mass limitation is appropriate.

C. NATIONAL CATEGORICAL PRETREATMENT STANDARDS. Users
must comply with the categorical pretreatment standards found in 40 CFR Chapter I, Subchapter N, Parts 405-471.

D. BMPs. The Public Works Director may establish BMPs, to implement this Section and the requirements of Chapter 16.04. The BMPs may be established by administrative guidelines or as conditions of issuance of a Waste Discharge Permit.

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: September 26, 2023
TO: Mayor and Councilmembers
FROM: Planning Division, Community Development Department SUBJECT: Resolution Denying the Appeal and Upholding the Decision of the Planning Commission Regarding 125 and 145 S. Calle Cesar Chavez and 110 and 114 S. Quarantina Street [Resolution]
RECOMMENDATION:

That Council adopt, by reading of title only, a Resolution of the Council of the City of Santa Barbara Denying the Appeal and Upholding the Decision of the Planning Commission Granting Approval of a Coastal Development Permit at 125 and 145 South Calle Cesar Chavez and 110 and 114 South Quarantina Street.

DISCUSSION:

On September 12, 2023, City Council directed staff to prepare a resolution documenting its decision and findings to deny the appeal of Anna Marie Gott of the Planning Commission’s approval of a Coastal Development Permit for a new industrial storage yard, making the Findings supporting the action at 125 and 145 S. Calle Cesar Chavez and 110 and 114 S. Quarantina Street.

PREPARED BY: Tony Boughman, Associate Planner
SUBMITTED BY: Elias Isaacson, Community Development Director APPROVED BY: City Administrator’s Office
Agenda Item No. 2
File Code No. 640.07
1 RESOLUTION NO. ___

A RESOLUTION OF THE COUNCIL OF THE CITY

OF SANTA BARBARA DENYING THE APPEAL

AND UPHOLDING THE DECISION OF THE

PLANNING COMMISSION GRANTING

APPROVAL OF A COASTAL DEVELOPMENT
PERMIT AT 125 AND 145 SOUTH CALLE CESAR
CHAVEZ AND 110 AND 114 SOUTH
QUARANTINA STREET.

WHEREAS, John Cuykendall, agent for MarBorg Industries, property owner (hereinafter “Owner”), applied for a Coastal Development Permit for development of a paved industrial storage yard including grading, tree removal and replacement, relocation of PATH’s parking lot onsite, new site walls and fencing, new landscaping, soil remediation, wetland restoration and monitoring, and storm water bioretention basins on a 2.41-acre parcel (PLN2020-00582) located at 125 and 145 South Calle Cesar Chavez and 110 and 114 South Quarantina Street (“Property”);
WHEREAS, on July 13, 2023, the Planning Commission conducted a duly noticed public hearing, considered written and oral public comment, and approved the application with an additional Condition of Approval (Planning Commission Resolution No. 005-23); WHEREAS, on July 24, 2023, Anna Marie Gott timely appealed the decision of the Planning Commission for the reasons cited in the appeal letter dated that same day and delivered to the City Clerk’s Office;
WHEREAS, on September 12, 2023, the City Council conducted a duly noticed public hearing on the appeal;
WHEREAS, prior to the public hearing council members, individually outside of a public meeting, visited the Property; and
WHEREAS, after consideration of all the evidence presented (both written and oral), as well as the public testimony received, and after deliberation by the Council Members, the City Council voted 5-0 to deny the appeal, making the findings as set forth in the Planning Commission’s Resolution No. 005-23.

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

SECTION 1. The foregoing recitals are true and correct and are incorporated into these findings.

SECTION 2. All written, graphic and oral materials and information submitted to the Planning Commission and the City Council by City staff, the public and the parties are hereby accepted as part of the record of proceedings. The facts and findings in the 2 September 12, 2023, Council Agenda Report are incorporated into this Resolution and determined to be true.

SECTION 3. The Council carefully reviewed the evidence it obtained during the public hearing and adopts the findings and conditions set forth in Planning Commission Resolution No. 005-23, attached hereto as Exhibit A and incorporated by reference.

SECTION 4. The Council carefully reviewed the evidence it obtained during the public hearing and finds and determines that the proposed development is consistent with the California Coastal Act and Local Coastal Program.

SECTION 5. The City Council denies the appeal and upholds the Planning Commission’s approval of the Coastal Development Permit with the proposed improvements to the site as depicted on the plans dated March 8, 2023, and presented to the City Council on September 12, 2023.

CITY OF SANTA BARBARA PLANNING COMMISSION
RESOLUTION NO. 005-23
125 & 145 SOUTH CALLE CESAR CHAVEZ STREET & 110 & 114 S. QUARANTINA STREET

COASTAL DEELOPMENT PERMIT
JULY 13, 2023
Assessor’s Parcel Number: 017-113-038
Zoning Designation: M-1/S-D-3 (Light Manufacturing/Coastal Overlay) Application Number: PLN2020-00582 Filing Date: December 2, 2020 Owner: Derek Carlson, Marborg
Applicant: John Cuykendall
The 2.41-acre site is currently used as an industrial storage yard and parking lot. The proposed project involves a new concrete-surfaced storage yard for equipment and vehicles for Marborg Industries. The existing 20-space parking lot that provides off-site parking for the PATH shelter on Cacique Street is proposed to be relocated and reconfigured within the project site. Twenty seven of 41 existing trees are proposed to be removed and 37 new trees are proposed. The southwest portion of the project site includes a degraded drainage/wetland area that would be subject to soil remediation and habitat restoration. Two bioretention basins are proposed to treat storm water. Proposed grading quantity is approximately 2,500 cubic yards of cut and 120 cubic yards of fill. Access to the site would be from South Quarantina Street.

The project also includes a lot tie agreement of the four existing lots.

The discretionary applications under the jurisdiction of the Planning Commission at this hearing are:

1. A Coastal Development Permit to allow the proposed development partially in the Appealable Jurisdiction and partially in the Non-Appealable Jurisdiction of the City’s Coastal Zone (SBMC §28.44.060); and

2. Determine that the project is categorically exempt from further environmental review pursuant to California Environmental Quality Act Guidelines Section 15332 [Infill Development].

WHEREAS, the Planning Commission has held the required public hearing on the above application, and the Applicant was present.

WHEREAS, 2 people appeared to speak and the following exhibits were presented for the record:

1. Staff Report with Attachments, July 6, 2023

2. Project Plans

3. Correspondence received:
a. Guy Dolev
NOW, THEREFORE BE IT RESOLVED that the City Planning Commission:

I. Approved the subject application, making the following findings and determinations:

EXHIBIT A
PLANNING COMMISSION RESOLUTION NO.005 –23
125 & 145 SOUTH CALLE CESAR CHAVEZ STREET
JULY 13, 2023
PAGE 2
A. COASTAL DEVELOPMENT PERMIT (SBMC §28.44.150)

1. The project is consistent with applicable policies of the California Coastal Act because the project includes tree replacement and fencing for visual screening of the storage activities from the two public street frontages and the public passenger railway, and will enhance the visual quality in the area, as described in Section V of the Staff Report dated July 6, 2023.

The landscape plans provided do fulfill the roles to replace the trees proposed for removal, beautify and screen the site, provide biofiltration and stormwater, and restore and enhance the habitat value of the degraded wetland area.

2. The project is consistent with all applicable policies of the City's Local Coastal Plan, all applicable implementing guidelines, and all applicable provisions of the Code as described in Section V of the Staff Report dated July 6, 2023. The project will enhance the visual quality in the area by providing new perimeter landscaping and fencing. The proposed landscaping restores the degraded wetland, replaces the trees proposed for removal, provides biofiltration for storm water, and restores and enhances the habitat value of the degraded wetland area. The habitat improvements include a Habitat Mitigation and Monitoring Plan to be overseen by a City-approved Biologist to ensure successful riparian plant establishment.

B. ENVIRONMENTAL REVIEW (CEQA Guidelines)
The project is exempt from further environmental review under Section 15332 [Infill Development Projects] of the California Environmental Quality Act (CEQA) Guidelines because the project involves construction of infill development on a lot of less than five acres that is substantially surrounded by urban uses and is consistent with the applicable Local Coastal Plan land use designation and all applicable Land Use Plan policies as well as with applicable zoning designation and regulations, as identified in the Staff Report dated July 6, 2023; the project site has no value as habitat for endangered, rare or threatened species; the project would not result in any significant effects relating to traffic, noise, air quality, or water quality; and the site can be adequately served by all required utilities and public services; as identified in the Staff Report dated July 6, 2023.

II. Said approval is subject to the following conditions:

In consideration of the project approval granted by the Planning Commission and for the benefit of the owner(s) and occupant(s) of the Real Property, the owners and occupants of adjacent real property and the public generally, the following terms and conditions are imposed on the use, possession, and enjoyment of the Real Property:

A. Order of Development. In order to accomplish the proposed development, the following steps shall occur in the order identified:

1. Obtain all required design review approvals.

2. Record any required documents (see Recorded Conditions Agreement section).

3. Permits.

PLANNING COMMISSION RESOLUTION NO.005 –23
125 & 145 SOUTH CALLE CESAR CHAVEZ STREET
JULY 13, 2023
PAGE 3
a. Submit an application for and obtain a Building Permit (BLD) for construction of approved development and complete said development.
b. Submit an application for and obtain a Public Works Permit (PBW) for all required South Quarantina Street public improvements and complete said improvements.

Details on implementation of these steps are provided throughout the conditions of approval.

B. Recorded Conditions Agreement. The Owner shall execute a written instrument, which shall be prepared by Planning staff, reviewed as to form and content by the City Attorney and Community Development Director, recorded in the Office of the County Recorder, and shall include the following:

1. Approved Development. The development of the Real Property approved by the Planning Commission on July 13, 2023 consists of a new concrete-surfaced storage yard for equipment and vehicles on the 2.41-acre site. The project includes a 20-space automobile parking lot, tree removals, new trees and landscaping, new fencing, storm water bioretention basin, wetland restoration, habitat mitigation and monitoring, and soil monitoring and remediation under supervision of the Santa Barbara County Public Health Department Environmental Health Services Division. This approval is limited to the improvements shown on the plans approved by the Planning Commission on said date and on file at the City of Santa Barbara, consisting of the plan set prepared by RRM Design Group, dated March 28, 2023, and the DRAFT Habitat Mitigation Monitoring Plan prepared by DUDEK dated August, 2021.

2. Uninterrupted Water Flow. The Owner shall allow for the continuation of any historic flow of water onto the Real Property including, but not limited to, swales, natural watercourses, conduits and any access road, as appropriate.

3. Landscape Plan Compliance. The Owner shall comply with the Landscape Plan approved by the Architectural Board of Review (ABR). Such plan shall not be modified unless prior written approval is obtained from the ABR. The landscaping on the Real Property shall be provided and maintained in accordance with said landscape plan, including any tree protection measures. If said landscaping is removed for any reason without approval by the ABR, the owner is responsible for its immediate replacement.

4. Storm Water Pollution Control and Drainage Systems Maintenance. Owner shall maintain the drainage system and storm water pollution control devices in a functioning state and in accordance with the Storm Water BMP Guidance Manual and Operations and Maintenance Procedure Plan approved by the Creeks Division. Should any of the project’s surface or subsurface drainage structures or storm water pollution control methods fail to capture, infiltrate, and/or treat water, or result in increased erosion, the Owner shall be responsible for any necessary repairs to the system and restoration of the eroded area.

Should repairs or restoration become necessary, prior to the commencement of such repair or restoration work, the Owner shall submit a repair and restoration plan to the Community Development Director to determine if an amendment or a new Building Permit is required to authorize such work. The Owner is responsible for the adequacy of any project-related drainage facilities and for the continued maintenance thereof in a manner that will preclude any hazard to life, health, or damage to the Real Property or any adjoining property.

PLANNING COMMISSION RESOLUTION NO.005 –23
125 & 145 SOUTH CALLE CESAR CHAVEZ STREET
JULY 13, 2023
PAGE 4

5. Pesticide or Fertilizer Usage Near Creeks. The use of pesticides or fertilizer shall be prohibited within the wetland area, which drains directly into El Estero.

C. Design Review. The project, including public improvements, is subject to the review and approval of the Architectural Board of Review (ABR). The ABR shall not grant project design approval until the following Planning Commission land use conditions have been satisfied.

1. Tree Protection Measures. The landscape plan and grading plan shall include the following tree protection measures:
a. Tree Protection. All trees not indicated for removal on the approved Existing Condition and Demolition Plan shall be preserved, protected, and maintained, in accordance with the Tree Protection Plan, if required, and/or any related Conditions of Approval.
b. Landscaping Under Trees. Landscaping under the trees shall be compatible with the preservation of the trees, as determined by the ABR. c. During Construction.
(1) A qualified Arborist shall be present during any excavation beneath the driplines of the trees which will remain. All excavation within the driplines of the trees shall be minimized and shall be done with hand tools. (2) Any roots encountered shall be cleanly cut and sealed with a tree-seal compound.
(3) Any root pruning and trimming shall be done under the direction of a qualified Arborist.

2. Screened Backflow Device. The backflow devices for irrigation systems shall be provided in a location screened from public view as approved by the ABR.

D. Requirements Prior to Permit Issuance. The Owner shall submit the following, or evidence of completion of the following, for review and approval by the Department listed below prior to the issuance of any permit for the project. Some of these conditions may be waived for demolition or rough grading permits, at the discretion of the department listed. Please note that these conditions are in addition to the standard submittal requirements for each department.

1. Public Works Department.
a. Approved Public Improvement Plans. Public Improvement Plans as identified in condition D.1.d “South Quarantina Street Public Improvements” shall be submitted to the Public Works Department for review and approval. Upon acceptance of completed public improvement plans, a Building permit may be issued if the Owner has bonded for public improvements and executed the Agreement to Construct and Install Improvements (Not a Subdivision). b. Dedication. Easement, as shown on the approved site plan and described as follows,subject to approval of the easement scope and location by the Public Works Department:
(1) All street purposes along South Quarantina Street in order to establish a 6- foot-wide public sidewalk. The sidewalk corridor width shall be comprised PLANNING COMMISSION RESOLUTION NO.005 –23
125 & 145 SOUTH CALLE CESAR CHAVEZ STREET
JULY 13, 2023
PAGE 5
of a minimum 12’-0”, including: 0’-6” curb, 4’-0” parkway or tree well area, 6’-0” sidewalk and 1’-6” of “frontage zone.” The frontage zone may be located within the private property, however walls may not exceed 3’-6” within the frontage zone.
c. Water Rights Assignment Agreement. The Owner shall assign to the City of Santa Barbara the exclusive right to extract ground water from under the Real Property in an Agreement Assigning Water Extraction Rights. Engineering Division Staff prepares said agreement for the Owner’s signature. d. South Quarantina Street Public Improvements. The Owner shall submit C-1 public improvement plans for construction of improvements along the property frontage on South Quarantina Street. Plans shall be submitted separately from plans submitted for a Building Permit, and shall be prepared by a licensed civil engineer registered in the State of California. As determined by the Public Works Department, the improvements shall include new and/or remove and replace to City standards, the following: 280 linear feet of sidewalk, commercial driveway apron with a maximum width of 30 feet, curb and gutter, asphalt concrete on aggregate base to the centerline of the street along entire subject property frontage, connection to City water main for irrigation purposes, supply and install directional/regulatory traffic control signs per the CA MUTCD during construction, two new street trees, and provide adequate positive drainage from site. Any work in the public right-ofway requires a Public Works Permit. e. South Quarantina Street Trees. Planning Commission approves the configuration of the public frontage improvements with variation in widths of parkway in order to preserve the existing street trees. If the trees should be damaged or removed during construction and require replacement, the project shall implement the standard 4’-0” parkway and 6’-0” sidewalk dimensions for the full width of street frontage.
f. Construction-Related Truck Trips. Construction-related truck trips for trucks with a gross vehicle weight rating of three tons or more shall not be scheduled during peak hours (7:00 a.m. to 9:00 a.m. and 4:00 p.m. to 6:00 p.m.) in order to help reduce truck traffic on adjacent streets and roadways. g. Agreement to Construct and Install Improvements. The Owner shall submit an executed Agreement to Construct and Install Improvements, prepared by the Engineering Division, an Engineer’s Estimate, signed and stamped by a registered civil engineer, and securities for construction of improvements prior to execution of the Agreement.

2. Community Development Department.
a. Lot Tie Agreement. The project is required to record a lot tie agreement tying the four subject parcels together to allow storm water treatment and landscape irrigation across the property lines. Before the building permit associated with this project will be issued, the lot tie agreement must be signed by all relevant parties, notarized, and recorded at the County. Submit a draft agreement for staff review.

PLANNING COMMISSION RESOLUTION NO.005 –23
125 & 145 SOUTH CALLE CESAR CHAVEZ STREET
JULY 13, 2023
PAGE 6
b. Final Habitat Mitigation Monitoring Plan. The Owner shall implement the Draft Habitat Mitigation Monitoring Plan prepared by Dudek dated August 2021 for the project. Submit a Final Habitat Mitigation Monitoring Plan for the wetland area for review and approval by the Environmental Analyst. This plan shall include a contractual agreement with a Native Habitat Restoration Contractor, a contractual agreement for a maintenance agreement, and a contractual agreement with a Cityapproved biologist to monitor implementation as outlined in the Draft Habitat Mitigation Monitoring Plan.
c. Habitat Restoration Plan Contract. Submit for review and approval by the Environmental Analyst a contract with a qualified consultant acceptable to the City for the five-year maintenance and monitoring period as described in the approved Final Habitat Restoration Plan.
d. Drainage and Water Quality. The project is required to comply with Tier 3 of the 2013 Storm Water BMP Guidance Manual, pursuant to Santa Barbara Municipal Code Chapter 22.87. The Owner shall submit a final storm water report prepared by a registered civil engineer or licensed architect demonstrating that the new development will comply with the City’s storm water regulations. Project plans for grading, drainage, stormwater facilities and treatment methods, and project development, shall be subject to review and approval by the City Building Division and Public Works Department. Sufficient engineered design and adequate measures shall be employed to ensure that no unpermitted construction-related or long-term effects from increased runoff, erosion and sedimentation, urban water pollutants, or groundwater pollutants would result from the project. e. Design Review Requirements. Plans shall show all design, landscape and tree protection elements, as approved by the appropriate design review board and as outlined in Section C “Design Review,” and all elements/specifications shall be implemented on-site.
f. Conditions on Plans/Signatures. The final Resolution shall be provided on a full size drawing sheet as part of the drawing sets. The following statement shall be signed prior to issuance of and permits: The undersigned have read and understand the required conditions, and agree to abide by any and all conditions which are their usual and customary responsibility to perform, and which are within their authority to perform.

Signed:
_____________________________________________________________ Property Owner Date
_____________________________________________________________ Contractor Date License No.
_____________________________________________________________ Architect Date License No.
_____________________________________________________________ Engineer Date License No.

PLANNING COMMISSION RESOLUTION NO.005 –23
125 & 145 SOUTH CALLE CESAR CHAVEZ STREET
JULY 13, 2023
PAGE 7
E. Construction Implementation Requirements. All of these construction requirements shall be carried out in the field by the Owner and/or Contractor for the duration of the project construction, including demolition and grading.

1. Construction Contact Sign. Immediately after Building permit issuance, signage shall be posted at the points of entry to the site that list the contractor(s) name, contractor(s) telephone number(s), to assist Building Inspectors and Police Officers in the enforcement of the conditions of approval. Said sign shall not exceed six feet in height from the ground if it is free-standing or placed on a fence.

2. Construction Storage/Staging. Construction vehicle/ equipment/ materials storage and staging shall be done on-site. No parking or storage shall be permitted within the public right-of-way, unless specifically permitted by the Public Works Director with a Public Works permit.

3. Soil Management Plan. The project must complete the Soil Management Plan and Corrective Action Plan Addendum as directed by the Santa Barbara County Public Health Department Environmental Health Services Division (EHS) and receive EHS approval.

4. Removal of Existing Trees.
a. Activities that could impact nesting or breeding birds (including tree trimming, tree removal, construction activities, noise, vibration, or lighting) shall be prohibited during the nesting and breeding season for birds (February 1-August 30) where feasible.
b. If it is not feasible to complete such work outside the bird nesting and breeding season, then work may be approved by the City Environmental Analyst subject to a condition requiring bird nesting and breeding surveys. These surveys shall be performed by a qualified biologist no more than fourteen calendar days prior to the start of any activities that could impact nesting or breeding birds. If active nesting or breeding is found, activities that could impact the nesting birds shall be prohibited until any active nest is vacated. If any activities must occur to remediate an imminent danger, measures shall be implemented to avoid and minimize impacts to nesting birds.
c. In the event that an active nest not previously identified is discovered during any tree trimming, tree removal, or construction activity, the contractor shall immediately cease all activities in the area of operations and shall notify the City’s Environmental Analyst. Thereafter, a qualified biologist must inspect the site and follow the abovementioned procedures to protect the nesting birds.

5. Air Quality and Dust Control. The following measures shall be shown on grading and building plans and shall be adhered to throughout grading, hauling, and construction activities:
a. During construction, use water trucks or sprinkler systems to keep all areas of vehicle movement damp enough to prevent dust from leaving the site. At a minimum, this should include wetting down such areas in the late morning and after PLANNING COMMISSION RESOLUTION NO.005 –23
125 & 145 SOUTH CALLE CESAR CHAVEZ STREET
JULY 13, 2023
PAGE 8
work is completed for the day. Increased watering frequency should be required whenever the wind speed exceeds 15 mph. Reclaimed water should be used whenever possible. However, reclaimed water should not be used in or around crops for human consumption.
b. Minimize amount of disturbed area and reduce on site vehicle speeds to 15 miles per hour or less.
c. If importation, exportation and stockpiling of fill material is involved, soil stockpiled for more than two days shall be covered, kept moist, or treated with soil binders to prevent dust generation. Trucks transporting fill material to and from the site shall be tarped from the point of origin.
d. A track-out prevention device shall be installed at all access points to prevent tracking of mud and dirt onto public roads.
e. After clearing, grading, earth moving or excavation is completed, treat the disturbed area by watering, or revegetating, or by spreading soil binders until the area is paved or otherwise developed so that dust generation will not occur. f. The contractor or builder shall designate a person or persons to monitor the dust control program and to order increased watering, as necessary, to prevent transport of dust offsite. Their duties shall include holiday and weekend periods when work may not be in progress. The name and telephone number of such persons shall be provided to the Air Pollution Control District prior to land use clearance for map recordation and land use clearance for finish grading of the structure. g. All portable diesel-powered construction equipment shall be registered with the state’s portable equipment registration program OR shall obtain an APCD permit. h. Fleet owners of mobile construction equipment are subject to the California Air Resource Board (CARB) Regulation for In-use Off-road Diesel Vehicles (Title 13 California Code of Regulations, Chapter 9, § 2449), the purpose of which is to reduce diesel particulate matter (PM) and criteria pollutant emissions from in-use (existing) off-road diesel-fueled vehicles. For more information, please refer to the CARB website at www.arb.ca.gov/msprog/ordiesel/ordiesel.htm. i. All commercial diesel vehicles are subject to Title 13, § 2485 of the California Code of Regulations, limiting engine idling time. Idling of heavy-duty diesel construction equipment and trucks during loading and unloading shall be limited to five minutes; electric auxiliary power units should be used whenever possible. j. Diesel construction equipment meeting the California Air Resources Board (CARB) Tier 1 emission standards for off-road heavy-duty diesel engines shall be used. Equipment meeting CARB Tier 3 or higher emission standards should be used to the maximum extent feasible.
k. Diesel powered equipment should be replaced by electric equipment whenever feasible.

PLANNING COMMISSION RESOLUTION NO.005 –23
125 & 145 SOUTH CALLE CESAR CHAVEZ STREET
JULY 13, 2023
PAGE 9
l. If feasible, diesel construction equipment shall be equipped with selective catalytic reduction systems, diesel oxidation catalysts and diesel particulate filters as certified and/or verified by EPA or California.
m. Catalytic converters shall be installed on gasoline-powered equipment, if feasible. n. All construction equipment shall be maintained in tune per the manufacturer’s specifications.
o. The engine size of construction equipment shall be the minimum practical size. p. The number of construction equipment operating simultaneously shall be minimized through efficient management practices to ensure that the smallest practical number is operating at any one time. Construction worker trips should be minimized by requiring carpooling and by providing for lunch onsite.

6. Unanticipated Archaeological Resources Contractor Notification. Standard discovery measures shall be implemented per the City master Environmental Assessment throughout grading and construction: Prior to the start of any vegetation or paving removal, demolition, trenching or grading, contractors and construction personnel shall be alerted to the possibility of uncovering unanticipated subsurface archaeological features or artifacts.

If such archaeological resources are encountered or suspected, work shall be halted immediately, the City Environmental Analyst shall be notified and the Owner shall retain an archaeologist from the most current City Qualified Archaeologists List. The latter shall be employed to assess the nature, extent and significance of any discoveries and to develop appropriate management recommendations for archaeological resource treatment, which may include, but are not limited to, redirection of grading and/or excavation activities, consultation and/or monitoring with a Barbareño Chumash representative from the most current City qualified Barbareño Chumash Site Monitors List, etc.

If the discovery consists of possible human remains, the Santa Barbara County Coroner shall be contacted immediately. If the Coroner determines that the remains are Native American, the Coroner shall contact the California Native American Heritage Commission.

A Barbareño Chumash representative from the most current City Qualified Barbareño Chumash Site Monitors List shall be retained to monitor all further subsurface disturbance in the area of the find. Work in the area may only proceed after the Environmental Analyst grants authorization.

If the discovery consists of possible prehistoric or Native American artifacts or materials, a Barbareño Chumash representative from the most current City Qualified Barbareño Chumash Site Monitors List shall be retained to monitor all further subsurface disturbance in the area of the find. Work in the area may only proceed after the Environmental Analyst grants authorization.

A final report on the results of the archaeological monitoring shall be submitted by the City-approved archaeologist to the Environmental Analyst within 180 days of completion of the monitoring and prior to any certificate of occupancy for the project.

PLANNING COMMISSION RESOLUTION NO.005 –23
125 & 145 SOUTH CALLE CESAR CHAVEZ STREET
JULY 13, 2023
PAGE 10
F. Prior to Certificate of Occupancy. Prior to issuance of the Certificate of Occupancy, the Owner of the Real Property shall complete the following:

1. Repair Damaged Public Improvements. Repair any public improvements (curbs, gutters, sidewalks, roadways, etc.) or property damaged by construction subject to the review and approval of the Public Works Department per SBMC §22.60. Where tree roots are the cause of the damage, the roots shall be pruned under the direction of a qualified arborist.

2. Complete Public Improvements. Public improvements, as shown in the public improvement plans or building plans, shall be completed.

G. General Conditions.

1. Compliance with Requirements. All requirements of the city of Santa Barbara and any other applicable requirements of any law or agency of the State and/or any government entity or District shall be met. This includes, but is not limited to, the Endangered Species Act of 1973 [ESA] and any amendments thereto (16 U.S.C. § 1531 et seq.), the 1979 Air Quality Attainment Plan, and the California Code of Regulations.

2. Approval Limitations.
a. The conditions of this approval supersede all conflicting notations, specifications, dimensions, and the like which may be shown on submitted plans. b. All buildings, roadways, parking areas and other features shall be located substantially as shown on the plans approved by the Planning Commission. c. Any deviations from the project description, approved plans or conditions must be reviewed and approved by the City, in accordance with the Planning Commission Guidelines. Deviations may require changes to the permit and/or further environmental review. Deviations without the above-described approval will constitute a violation of permit approval.

3. Litigation Indemnification Agreement. In the event the Planning Commission approval of the Project is appealed to the City Council, Applicant/Owner hereby agrees to defend the City, its officers, employees, agents, consultants and independent contractors (“City’s Agents”) from any third party legal challenge to the City Council’s denial of the appeal and approval of the Project, including, but not limited to, challenges filed pursuant to the California Environmental Quality Act (collectively “Claims”). Applicant/Owner further agrees to indemnify and hold harmless the City and the City’s Agents from any award of attorney fees or court costs made in connection with any Claim.

Applicant/Owner shall execute a written agreement, in a form approved by the City Attorney, evidencing the foregoing commitments of defense and indemnification within thirty (30) days of being notified of a lawsuit regarding the Project. These commitments of defense and indemnification are material conditions of the approval of the Project. If Applicant/Owner fails to execute the required defense and indemnification agreement within the time allotted, the Project approval shall become null and void absent subsequent acceptance of the agreement by the City, which acceptance shall be within the City’s sole and absolute discretion. Nothing contained in this condition shall prevent the City or the PLANNING COMMISSION RESOLUTION NO.005 –23
125 & 145 SOUTH CALLE CESAR CHAVEZ STREET
JULY 13, 2023
PAGE 11
City’s Agents from independently defending any Claim. If the City or the City’s Agents decide to independently defend a Claim, the City and the City’s Agents shall bear their own attorney fees, expenses, and costs of that independent defense.

III. Said approval is subject to the following time Limits:

The Planning Commission action approving the Coastal Development Permit shall expire two (2) years from the date of final action upon the application, per Santa Barbara Municipal Code §28.44.230, unless:

1. Otherwise explicitly modified by conditions of approval for the coastal development permit.

2. A Building permit for the work authorized by the coastal development permit is issued prior to the expiration date of the approval.

3. The Community Development Director grants an extension of the coastal development permit approval. The Community Development Director may grant up to three (3) oneyear extensions of the coastal development permit approval. Each extension may be granted upon the Director finding that: (i) the development continues to conform to the Local Coastal Program, (ii) the applicant has demonstrated due diligence in completing the development, and (iii) there are no changed circumstances that affect the consistency of the development with the General Plan or any other applicable ordinances, resolutions, or other laws.

This motion was passed and adopted on the 13 day of July, 2023 by the Planning Commission of the City of Santa Barbara, by the following vote:

AYES: 3 NOES: 2 (Baucke and Bonderson) ABSTAIN: 0 ABSENT: 2 (Boss and Wardlow) I hereby certify that this Resolution correctly reflects the action taken by the City of Santa Barbara Planning Commission at its meeting of the above date.
_______________________________________________ ____________________________ Kira Esparza, Commission Secretary Date
PLEASE BE ADVISED:

THIS ACTION OF THE PLANNING COMMISSION CAN BE APPEALED TO THE CITY COUNCIL WITHIN TEN (10) CALENDAR DAYS AFTER THE DATE THE ACTION WAS TAKEN BY THE PLANNING COMMISSION.

July 13, 2023

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: September 26, 2023
TO: Mayor and Councilmembers
FROM: Treasury Division, Finance Department
SUBJECT: August 2023 Investment Report
RECOMMENDATION:

That Council accept the August 2023 Investment Report.

DISCUSSION:

The attached investment report includes Investment Activity, Interest Revenue, a Summary of Cash and Investments, and Investment Portfolio detail as of August 31, 2023.

ATTACHMENT: August 2023 Investment Report
PREPARED BY: Salvatore Parrilla, Treasury Analyst
SUBMITTED BY: Lyndsay Maas, Assistant Finance Director
APPROVED BY: City Administrator's Office
Agenda Item No. 3
File Code No. 260.02

INVESTMENT ACTIVITY INVESTMENT INCOME

PURCHASES OR DEPOSITS POOLED INVESTMENTS
8/24 FHLB 2,000,000 $ Interest Earned on Investments 546,876 $ 8/25 FFCB 2,000,000 Amortization 34,602
8/29 LAIF 5,000,0008/30 FHLMC 2,000,0008/30 FFCB 2,000,000 Total 13,000,000 $ Total 581,478 $

SALES, MATURITIES, CALLS OR WITHDRAWALS
8/8 MSFT (2,000,000) $
8/17 FNMA (3,000,000)
Total (5,000,000) $
ACTIVITY TOTAL 8,000,000 $ INCOME TOTAL 581,478 $

CITY OF SANTA BARBARA
Activity and Interest Report
August 31, 2023

ATTACHMENT
1 ENDING BALANCE AS OF July 31, 2023
Yield to Percent Average
Book Maturity of Days to
Description Value (365 days) Portfolio MaturityUS Bank Checking Account 22,344,206 $ 0.750% 7.03% 1 (1) State of California Local Agency Investment Fund (LAIF) 40,000,000 3.305% 12.58% 1 (2)Treasury Securities - Coupon 50,766,374 1.383% 15.96% 736Treasury Discount 5,943,012 4.553% 1.87% 79Federal Agency Issues - Coupon 174,966,182 2.250% 55.02% 795Corporate/Medium Term Notes 8,998,125 1.615% 2.83% 524Supranationals Obligations 14,985,031 1.745% 4.71% 1,004

2. 318,002,930 140% 100.00% 619
Totals and Averages $ 2. 318,002,930 140% 100.00% 619
Total Cash and Investments 318,002,930 $
NET CASH AND INVESTMENT ACTIVITY FOR August 2023 1,672,916 $ ENDING BALANCE AS OF August 31, 2023 Yield to Percent Average
Book Maturity of Days to
Description Value (365 days) Portfolio MaturityUS Bank Checking Account 16,006,181 $ 0.750% 5.01% 1 (1) State of California Local Agency Investment Fund (LAIF) 45,000,000 3.434% 14.08% 1 (2)Treasury Securities - Coupon 50,776,110 1.383% 15.88% 705Treasury Discount 5,965,155 4.553% 1.87% 48Federal Agency Issues - Coupon 179,944,372 2.405% 56.29% 802Corporate/Medium Term Notes 6,998,450 1.352% 2.19% 641Supranationals Obligations 14,985,579 1.745% 4.69% 973

2. 319,675,846 291% 100.00% 624
Totals and Averages $ 2. 319,675,846 291% 100.00% 624
Total Cash and Investments 319,675,846 $
Note: (1) Earnings Credit Rate (ECR) is provided at the rate of 0.750% by US Bank to help offset banking fees. (2) The average life of the LAIF portfolio as of Aug 31, 2023 is 237 days.

CITY OF SANTA BARBARA
Summary of Cash and Investments
August 31, 2023
2 PURCHASE MATURITY STATED YIELD AT FACE BOOK MARKET BOOK DESCRIPTION DATE DATE MOODY'S S & P RATE 365 VALUE VALUE VALUE GAIN/(LOSS) COMMENTS LOCAL AGENCY INVESTMENT FUNDSLOCAL AGENCY INVESTMENT FUND - - - - 3.434 3.434 45,000,000.00 45,000,000.00 45,000,000.00 0.00 Subtotal, LAIF 45,000,000.00 45,000,000.00 45,000,000.00 0.00TREASURY SECURITIES - DISCOUNTU S TREASURY BILL 10/13/22 10/05/23 Aaa AA+ 4.047 4.289 3,000,000.00 2,988,534.29 2,985,030.00 (3,504.29)U S TREASURY BILL 11/04/22 11/02/23 Aaa AA+ 4.525 4.817 3,000,000.00 2,976,620.83 2,972,730.00 (3,890.83) Subtotal, Treasury Securities 6,000,000.00 5,965,155.12 5,957,760.00 (7,395.12)TREASURY SECURITIES - COUPONU S TREASURY NOTE 05/03/19 04/30/24 Aaa AA+ 2.250 2.342 2,000,000.00 1,998,855.94 1,958,680.00 (40,175.94)U S TREASURY NOTE 01/12/21 09/15/23 Aaa AA+ 0.125 0.185 3,000,000.00 2,999,931.08 2,993,940.00 (5,991.08)U S TREASURY NOTE 02/12/21 07/31/25 Aaa AA+ 0.250 0.380 3,000,000.00 2,992,612.66 2,748,180.00 (244,432.66)U S TREASURY NOTE 06/02/21 05/31/25 Aaa AA+ 0.250 0.553 2,000,000.00 1,989,545.00 1,842,960.00 (146,585.00)U S TREASURY NOTE 06/02/21 12/31/25 Aaa AA+ 0.375 0.700 2,000,000.00 1,985,113.32 1,812,180.00 (172,933.32)U S TREASURY NOTE 09/03/21 06/30/25 Aaa AA+ 0.250 0.575 2,000,000.00 1,988,261.55 1,837,960.00 (150,301.55)U S TREASURY NOTE 09/24/21 04/30/25 Aaa AA+ 0.375 0.663 2,000,000.00 1,990,544.50 1,853,360.00 (137,184.50)U S TREASURY NOTE 09/24/21 05/31/26 Aaa AA+ 0.750 0.878 2,000,000.00 1,993,126.37 1,803,760.00 (189,366.37)U S TREASURY NOTE 09/24/21 07/31/26 Aaa AA+ 0.625 0.900 2,000,000.00 1,984,349.59 1,788,520.00 (195,829.59)U S TREASURY NOTE 10/08/21 08/31/26 Aaa AA+ 0.750 1.004 2,000,000.00 1,985,168.05 1,790,540.00 (194,628.05)U S TREASURY NOTE 10/08/21 09/30/26 Aaa AA+ 0.875 1.015 2,000,000.00 1,991,588.03 1,794,760.00 (196,828.03)U S TREASURY NOTE 01/18/22 04/15/24 Aaa AA+ 0.375 1.040 3,000,000.00 2,987,777.47 2,907,300.00 (80,477.47)U S TREASURY NOTE 01/12/22 04/30/26 Aaa AA+ 0.750 1.450 3,000,000.00 2,945,987.09 2,713,140.00 (232,847.09)U S TREASURY NOTE 01/18/22 01/15/25 Aaa AA+ 1.125 1.210 3,000,000.00 2,996,568.22 2,840,730.00 (155,838.22)U S TREASURY NOTE 01/31/22 01/31/24 Aaa AA+ 0.875 1.145 3,000,000.00 2,996,674.61 2,944,680.00 (51,994.61)U S TREASURY NOTE 02/28/22 02/29/24 Aaa AA+ 1.500 1.548 2,000,000.00 1,999,535.74 1,961,880.00 (37,655.74)U S TREASURY NOTE 02/28/22 11/30/26 Aaa AA+ 1.625 1.863 2,000,000.00 1,985,268.94 1,828,600.00 (156,668.94)U S TREASURY NOTE 03/15/22 03/15/25 Aaa AA+ 1.750 1.827 3,000,000.00 2,996,563.50 2,853,270.00 (143,293.50)U S TREASURY NOTE 03/17/22 05/31/24 Aaa AA+ 2.000 2.006 2,000,000.00 1,999,904.48 1,949,760.00 (50,144.48)U S TREASURY NOTE 03/17/22 12/31/26 Aaa AA+ 1.750 2.170 2,000,000.00 1,973,543.12 1,833,280.00 (140,263.12)U S TREASURY NOTE 06/28/23 10/31/27 Aaa AA+ 4.125 4.124 2,000,000.00 2,000,000.00 1,981,320.00 (18,680.00)U S TREASURY NOTE 06/28/23 02/29/28 Aaa AA+ 4.000 4.058 2,000,000.00 1,995,190.39 1,975,400.00 (19,790.39) Subtotal, Treasury Securities 51,000,000.00 50,776,109.65 48,014,200.00 (2,761,909.65)FEDERAL AGENCY ISSUES - COUPONFED AGRICULTURAL MTG CORP 02/12/20 02/12/24 - - 1.390 1.480 2,000,000.00 1,999,219.60 1,963,460.00 (35,759.60)FED AGRICULTURAL MTG CORP 03/02/21 09/22/25 - - 0.480 0.480 3,000,000.00 3,000,000.00 2,740,860.00 (259,140.00) Callable 09/22/23, Q FED AGRICULTURAL MTG CORP 06/09/22 08/20/24 - - 2.910 2.911 3,000,000.00 3,000,000.00 2,927,310.00 (72,690.00) Callable 09/09/23, QFED AGRICULTURAL MTG CORP 05/15/23 05/15/26 - - 3.625 3.625 2,000,000.00 2,000,000.00 1,950,360.00 (49,640.00) FED AGRICULTURAL MTG CORP 05/19/23 05/19/27 - - 4.100 4.100 2,000,000.00 2,000,000.00 1,936,860.00 (63,140.00) Callable 05/19/25, 1x FEDERAL FARM CREDIT BANK 01/31/19 10/23/23 Aaa AA+ 2.650 2.670 2,000,000.00 1,999,947.45 1,991,940.00 (8,007.45) FEDERAL FARM CREDIT BANK 06/15/21 06/15/26 Aaa AA+ 0.900 0.900 2,000,000.00 2,000,000.00 1,794,560.00 (205,440.00) Callable, P FEDERAL FARM CREDIT BANK 05/06/21 05/06/25 Aaa AA+ 0.710 0.710 2,000,000.00 2,000,000.00 1,855,660.00 (144,340.00) Callable, PFEDERAL FARM CREDIT BANK 09/08/21 09/08/26 Aaa AA+ 0.870 0.870 2,000,000.00 2,000,000.00 1,778,260.00 (221,740.00) Callable, P

QUALITY RATING

CITY OF SANTA BARBARA
Investment Portfolio
August 31, 2023
3 PURCHASE MATURITY STATED YIELD AT FACE BOOK MARKET BOOK DESCRIPTION DATE DATE MOODY'S S & P RATE 365 VALUE VALUE VALUE GAIN/(LOSS) COMMENTS

QUALITY RATING

CITY OF SANTA BARBARA
Investment Portfolio
August 31, 2023
FEDERAL FARM CREDIT BANK 12/16/21 07/02/24 Aaa AA+ 0.570 0.873 3,000,000.00 2,992,507.86 2,879,670.00 (112,837.86) Callable, P FEDERAL FARM CREDIT BANK 12/23/21 06/23/25 Aaa AA+ 1.170 1.170 3,000,000.00 3,000,000.00 2,791,980.00 (208,020.00) Callable, PFEDERAL FARM CREDIT BANK 12/22/21 06/22/26 Aaa AA+ 1.390 1.390 3,000,000.00 3,000,000.00 2,728,230.00 (271,770.00) Callable, PFEDERAL FARM CREDIT BANK 01/27/22 01/26/27 Aaa AA+ 1.780 1.780 3,000,000.00 3,000,000.00 2,716,830.00 (283,170.00) Callable, PFEDERAL FARM CREDIT BANK 02/16/22 02/16/27 Aaa AA+ 2.180 2.180 3,000,000.00 3,000,000.00 2,749,230.00 (250,770.00) Callable 02/16/24, PFEDERAL FARM CREDIT BANK 08/30/22 02/25/26 Aaa AA+ 3.320 3.470 3,000,000.00 2,989,551.21 2,896,920.00 (92,631.21) FEDERAL FARM CREDIT BANK 05/26/22 05/26/26 Aaa AA+ 3.375 3.375 3,000,000.00 3,000,000.00 2,874,810.00 (125,190.00) Callable, P FEDERAL FARM CREDIT BANK 09/20/22 10/17/23 Aaa AA+ 4.125 4.089 3,000,000.00 3,000,000.00 2,994,570.00 (5,430.00) FEDERAL FARM CREDIT BANK 10/19/22 10/19/26 Aaa AA+ 4.250 4.264 3,000,000.00 2,998,825.00 2,948,580.00 (50,245.00)FEDERAL FARM CREDIT BANK 11/29/22 11/18/24 Aaa AA+ 4.500 4.650 3,000,000.00 2,994,822.57 2,976,420.00 (18,402.57)FEDERAL FARM CREDIT BANK 03/29/23 03/29/27 Aaa AA+ 4.000 4.000 2,000,000.00 2,000,000.00 1,959,660.00 (40,340.00)FEDERAL FARM CREDIT BANK 04/05/23 04/05/27 Aaa AA+ 5.270 5.270 2,000,000.00 2,000,000.00 1,975,220.00 (24,780.00) Callable 04/05/24, P FEDERAL FARM CREDIT BANK 05/09/23 05/09/28 Aaa AA+ 5.020 5.020 2,000,000.00 2,000,000.00 1,959,240.00 (40,760.00) Callable 05/09/24, PFEDERAL FARM CREDIT BANK 06/30/23 06/30/28 Aaa AA+ 5.000 5.000 2,000,000.00 2,000,000.00 1,968,380.00 (31,620.00) Callable 06/30/25, PFEDERAL FARM CREDIT BANK 08/25/23 07/17/26 Aaa AA+ 4.625 4.750 2,000,000.00 1,993,259.04 1,997,960.00 4,700.96 FEDERAL FARM CREDIT BANK 08/30/23 06/23/26 Aaa AA+ 4.820 5.068 2,000,000.00 1,987,012.83 1,985,960.00 (1,052.83) Callable 06/23/25, P FEDERAL HOME LOAN BANK 01/28/21 01/28/26 Aaa AA+ 0.580 0.580 3,000,000.00 3,000,000.00 2,701,980.00 (298,020.00) Callable 10/28/23, QFEDERAL HOME LOAN BANK 01/28/21 01/28/26 Aaa AA+ 0.700 0.610 3,000,000.00 3,000,000.00 2,718,180.00 (281,820.00) FEDERAL HOME LOAN BANK 01/28/21 01/28/26 Aaa AA+ 0.750 0.650 3,000,000.00 3,000,000.00 2,721,540.00 (278,460.00)FEDERAL HOME LOAN BANK 02/25/21 11/25/25 Aaa AA+ 0.500 0.500 3,000,000.00 3,000,000.00 2,718,990.00 (281,010.00) Callable 02/25/24, A FEDERAL HOME LOAN BANK 03/16/21 03/16/26 Aaa AA+ 1.000 0.800 2,000,000.00 2,000,000.00 1,824,480.00 (175,520.00) FEDERAL HOME LOAN BANK 05/20/21 05/20/26 Aaa AA+ 1.000 1.000 2,000,000.00 2,000,000.00 1,804,320.00 (195,680.00) Callable 11/20/23, Q FEDERAL HOME LOAN BANK 05/26/21 12/26/25 Aaa AA+ 0.900 0.900 3,000,000.00 3,000,000.00 2,730,450.00 (269,550.00) Callable 11/26/23, QFEDERAL HOME LOAN BANK 05/26/21 11/26/24 Aaa AA+ 0.550 0.550 2,000,000.00 2,000,000.00 1,884,180.00 (115,820.00) Callable 11/26/23, QFEDERAL HOME LOAN BANK 06/10/21 06/10/25 Aaa AA+ 0.690 0.690 2,000,000.00 2,000,000.00 1,847,260.00 (152,740.00) Callable 09/10/23, QFEDERAL HOME LOAN BANK 06/10/21 06/10/26 Aaa AA+ 1.000 1.000 2,000,000.00 2,000,000.00 1,800,420.00 (199,580.00) Callable 09/10/23, QFEDERAL HOME LOAN BANK 06/28/21 03/28/25 Aaa AA+ 0.600 0.600 2,000,000.00 2,000,000.00 1,858,900.00 (141,100.00) Callable 09/28/23, QFEDERAL HOME LOAN BANK 09/23/21 10/23/24 Aaa AA+ 0.470 0.470 2,000,000.00 2,000,000.00 1,891,560.00 (108,440.00) Callable 09/23/23, QFEDERAL HOME LOAN BANK 09/28/21 03/28/25 Aaa AA+ 0.600 0.600 2,000,000.00 2,000,000.00 1,858,900.00 (141,100.00) Callable 09/28/23, QFEDERAL HOME LOAN BANK 09/28/21 09/28/26 Aaa AA+ 0.900 0.900 2,000,000.00 2,000,000.00 1,776,620.00 (223,380.00) Callable 09/28/23, QFEDERAL HOME LOAN BANK 10/28/21 10/28/26 Aaa AA+ 1.250 1.125 2,000,000.00 2,000,000.00 1,808,280.00 (191,720.00) FEDERAL HOME LOAN BANK 12/28/21 06/28/24 Aaa AA+ 0.920 0.920 3,000,000.00 3,000,000.00 2,889,480.00 (110,520.00) Callable 09/28/23, Q FEDERAL HOME LOAN BANK 12/28/21 02/28/25 Aaa AA+ 1.125 1.125 3,000,000.00 3,000,000.00 2,817,180.00 (182,820.00) Callable 09/28/23, QFEDERAL HOME LOAN BANK 12/29/21 12/29/23 Aaa AA+ 0.700 0.700 3,000,000.00 3,000,000.00 2,952,960.00 (47,040.00) Callable, PFEDERAL HOME LOAN BANK 12/30/21 12/30/24 Aaa AA+ 1.000 1.000 3,000,000.00 3,000,000.00 2,832,810.00 (167,190.00) Callable, PFEDERAL HOME LOAN BANK 01/26/22 01/26/27 Aaa AA+ 1.125 1.788 3,000,000.00 3,000,000.00 2,748,210.00 (251,790.00) Callable 01/26/24, 1x - S/UFEDERAL HOME LOAN BANK 02/28/22 05/28/24 Aaa AA+ 1.450 1.450 3,000,000.00 3,000,000.00 2,916,150.00 (83,850.00) FEDERAL HOME LOAN BANK 03/29/22 03/29/27 Aaa AA+ 2.375 2.375 3,000,000.00 3,000,000.00 2,762,490.00 (237,510.00) Callable 09/29/23, Q FEDERAL HOME LOAN BANK 04/21/22 04/21/26 Aaa AA+ 3.000 3.000 2,000,000.00 2,000,000.00 1,902,980.00 (97,020.00) Callable 04/21/24, AFEDERAL HOME LOAN BANK 04/25/22 04/25/25 Aaa AA+ 2.750 2.750 2,000,000.00 2,000,000.00 1,924,880.00 (75,120.00) FEDERAL HOME LOAN BANK 11/29/22 11/28/23 Aaa AA+ 4.875 4.875 3,000,000.00 3,000,000.00 2,993,070.00 (6,930.00)FEDERAL HOME LOAN BANK 03/23/23 03/13/26 Aaa AA+ 4.125 4.137 2,000,000.00 1,999,266.99 1,965,160.00 (34,106.99)FEDERAL HOME LOAN BANK 05/08/23 02/08/24 Aaa AA+ 5.000 5.010 2,000,000.00 2,000,000.00 1,993,780.00 (6,220.00) Callable 11/08/23, 1x FEDERAL HOME LOAN BANK 06/26/23 06/09/28 Aaa AA+ 4.000 4.071 2,000,000.00 1,993,833.31 1,975,980.00 (17,853.31) FEDERAL HOME LOAN BANK 06/28/23 06/28/27 Aaa AA+ 5.300 5.300 2,000,000.00 2,000,000.00 1,984,040.00 (15,960.00) Callable 06/28/24, 1x FEDERAL HOME LOAN BANK 06/30/23 06/26/26 Aaa AA+ 5.300 5.300 2,000,000.00 2,000,000.00 1,990,340.00 (9,660.00) Callable 12/26/23, 1xFEDERAL HOME LOAN BANK 08/24/23 09/10/27 Aaa AA+ 4.500 4.511 2,000,000.00 1,999,124.23 2,004,480.00 5,355.77 FEDERAL HOME LOAN MTG CORP 11/25/20 11/25/25 Aaa AA+ 0.625 0.625 3,000,000.00 3,000,000.00 2,726,430.00 (273,570.00) Callable 11/25/23, A FEDERAL HOME LOAN MTG CORP 11/24/20 11/24/23 Aaa AA+ 0.320 0.320 3,000,000.00 3,000,000.00 2,963,160.00 (36,840.00)FEDERAL HOME LOAN MTG CORP 09/09/20 12/09/24 Aaa AA+ 0.500 0.500 3,000,000.00 3,000,000.00 2,820,360.00 (179,640.00) Callable 09/09/23, Q 4 PURCHASE MATURITY STATED YIELD AT FACE BOOK MARKET BOOK DESCRIPTION DATE DATE MOODY'S S & P RATE 365 VALUE VALUE VALUE GAIN/(LOSS) COMMENTS

QUALITY RATING

CITY OF SANTA BARBARA
Investment Portfolio
August 31, 2023
FEDERAL HOME LOAN MTG CORP 06/22/22 03/22/24 Aaa AA+ 2.750 2.751 4,000,000.00 4,000,000.00 3,939,480.00 (60,520.00)FEDERAL HOME LOAN MTG CORP 06/23/22 06/23/27 Aaa AA+ 3.500 3.500 3,000,000.00 3,000,000.00 2,851,650.00 (148,350.00) Callable 09/23/23, Q FEDERAL HOME LOAN MTG CORP 06/28/22 06/28/24 Aaa AA+ 3.050 3.050 4,000,000.00 4,000,000.00 3,920,280.00 (79,720.00) Callable 09/28/23, QFEDERAL HOME LOAN MTG CORP 09/29/22 09/29/27 Aaa AA+ 4.750 4.750 3,000,000.00 3,000,000.00 2,931,990.00 (68,010.00) Callable 09/29/23, QFEDERAL HOME LOAN MTG CORP 09/19/22 09/19/24 Aaa AA+ 3.700 3.700 3,000,000.00 3,000,000.00 2,946,180.00 (53,820.00) Callable 09/19/23, 1xFEDERAL HOME LOAN MTG CORP 11/22/22 11/22/27 Aaa AA+ 5.125 5.125 3,000,000.00 3,000,000.00 2,965,740.00 (34,260.00) Callable 11/22/24, 1xFEDERAL HOME LOAN MTG CORP 11/30/22 08/28/24 Aaa AA+ 5.000 5.005 3,000,000.00 3,000,000.00 2,981,580.00 (18,420.00) FEDERAL HOME LOAN MTG CORP 04/12/23 07/12/27 Aaa AA+ 4.750 4.703 2,000,000.00 2,000,000.00 1,959,900.00 (40,100.00) Callable 07/12/24, A FEDERAL HOME LOAN MTG CORP 08/30/23 07/26/28 Aaa AA+ 5.650 5.684 2,000,000.00 1,997,001.70 1,980,860.00 (16,141.70) Callable 07/26/24, QFEDERAL NATL MORTGAGE ASSN 08/26/20 08/26/25 Aaa AA+ 0.600 0.600 4,000,000.00 4,000,000.00 3,661,400.00 (338,600.00) Callable 11/26/23, QFEDERAL NATL MORTGAGE ASSN 11/17/20 05/17/24 Aaa AA+ 0.375 0.375 3,000,000.00 3,000,000.00 2,892,720.00 (107,280.00) Callable 11/17/23, Q Subtotal, Federal Agencies 180,000,000.00 179,944,371.79 171,484,710.00 (8,459,661.79) SUPRANATIONAL OBLIGATIONSINTERNATIONAL BANK FOR RECONST 01/22/21 10/28/25 Aaa AAA 0.500 0.500 3,000,000.00 3,000,000.00 2,736,690.00 (263,310.00)INTERNATIONAL BANK FOR RECONST 09/09/22 09/09/27 Aaa AAA 4.000 4.000 3,000,000.00 3,000,000.00 2,884,770.00 (115,230.00) Callable 09/09/24, A INTERNATIONAL BANK FOR RECONST 06/26/23 06/26/28 Aaa AAA 4.500 4.528 2,000,000.00 1,997,590.28 1,975,640.00 (21,950.28) Callable 06/26/26, 1xINTERNATIONAL FINANCE CORP 02/22/21 08/22/24 Aaa AAA 0.250 0.255 3,000,000.00 2,999,857.93 2,846,010.00 (153,847.93) INTERNATIONAL FINANCE CORP 03/23/21 03/23/26 Aaa AAA 0.750 0.805 2,000,000.00 1,997,234.00 1,802,500.00 (194,734.00)INTERNATIONAL FINANCE CORP 06/03/21 07/16/25 Aaa AAA 0.375 0.621 2,000,000.00 1,990,896.83 1,838,260.00 (152,636.83) Subtotal, Supranationals 15,000,000.00 14,985,579.04 14,083,870.00 (901,709.04)CORPORATE/MEDIUM TERM NOTESAPPLE INC 09/11/19 09/11/24 Aaa AA+ 1.800 1.903 2,000,000.00 1,997,989.67 1,931,460.00 (66,529.67)APPLE INC 02/17/21 02/08/26 Aaa AA+ 0.700 0.705 3,000,000.00 2,999,632.75 2,715,810.00 (283,822.75)TOYOTA MOTOR CREDIT 03/16/20 02/13/25 A1 A 1.800 1.770 2,000,000.00 2,000,827.16 1,903,200.00 (97,627.16) Subtotal, Corporate Securities 7,000,000.00 6,998,449.58 6,550,470.00 (447,979.58)CHECKING ACCOUNTUS BANK CHKNG ACCNT - - - - 0.750 0.750 16,006,180.59 16,006,180.59 16,006,180.59 0.00 Subtotal, Checking Account 16,006,180.59 16,006,180.59 16,006,180.59 0.00TOTALS 320,006,180.59 319,675,845.77 307,097,190.59 (12,578,655.18) Market values have been obtained from the City's safekeeping agent, US Bank. 5 2.29%

4.85%5.56%

3.43%

0.00.51.01.52.02.53.03.54.04.55.05.56.0 Aug'22 Sep'22 Oct'22 Nov'22 Dec'22 Jan'23 Feb'23 Mar'23 Apr'23 May'23 Jun'23 Jul'23 Aug'23 Yield ‐ %
INVESTMENT YIELDS (1‐yr Period)
City Portfolio 2‐Yr Treasury 3‐Mo Treasury LAIF

2.29%

4.85%5.56%3.43%

0.00.51.01.52.02.53.03.54.04.55.05.56.0 Aug'18 Aug'19 Aug'20 Aug'21 Aug'22 Aug'23 Yield ‐ %
INVESTMENT YIELDS (5‐yr Period)
City Portfolio 2‐Yr Treasury 3‐Mo Treasury LAIF

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: September 26, 2023
TO: Mayor and Councilmembers
FROM: Accounting Division, Finance Department
SUBJECT: Fiscal Year 2024 Interim Financial Statements for the One Month Ended July 31, 2023
RECOMMENDATION:

That Council accept the Fiscal Year 2024 Interim Financial Statements for the one month ended July 31, 2023.

DISCUSSION:

The interim financial statements for the one month ended July 31, 2023 (8.3% 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 One Month Ended July 31, 2023
PREPARED BY: Jessica Yates, Accounting Supervisor
SUBMITTED BY: Keith DeMartini, Finance Director
APPROVED BY: City Administrator's Office
Agenda Item No. 4
File Code No. 250.02
ATTACHMENT 1
Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD
GENERAL FUND (pages 3-7)
Revenue 203,654,241 12,387,098 503 191,267,645 6.1% 13,142,805 Expenditures 225,465,399 16,853,097 5,718,694 202,893,608 10.0% 13,591,788 Addition to / (use of) reserves (21,811,158) (4,465,999) (5,719,197) (448,983) SOLID WASTE FUND (page 9)
Revenue 38,162,021 3,015,746 - 35,146,275 7.9% 2,754,187 Expenditures 38,626,594 1,770,341 18,166,565 18,689,688 51.6% 2,228,499 Addition to / (use of) reserves (464,573) 1,245,405 (18,166,565) 525,688 WATER OPERATING FUND (page 10)
Revenue 74,712,846 5,458,861 - 69,253,985 7.3% 5,258,841 Expenditures 81,375,250 3,506,666 5,234,049 72,634,535 10.7% 4,046,548 Addition to / (use of) reserves (6,662,404) 1,952,195 (5,234,049) 1,212,293 WASTEWATER OPERATING FUND (page 11)
Revenue 29,143,452 2,291,251 - 26,852,201 7.9% 2,138,889 Expenditures 30,594,371 1,822,730 3,123,204 25,648,438 16.2% 1,753,034 Addition to / (use of) reserves (1,450,919) 468,522 (3,123,204) 385,854 DOWNTOWN PARKING FUND (page 12)
Revenue 11,363,643 742,504 - 10,621,139 6.5% 795,864
Expenditures 12,018,754 813,161 1,733,750 9,471,843 21.2% 644,138 Addition to / (use of) reserves (655,111) (70,657) (1,733,750) 151,727 AIRPORT OPERATING FUND (page 13)
Revenue 29,507,039 1,679,600 - 27,827,439 5.7% 2,073,227 Expenditures 31,612,004 1,722,313 3,086,504 26,803,187 15.2% 1,513,242 Addition to / (use of) reserves (2,104,966) (42,714) (3,086,504) 559,984 GOLF COURSE FUND (page 14)
Revenue 4,203,665 478,091 - 3,725,574 11.4% 308,994
Expenditures 3,783,918 89,254 3,098,542 596,122 84.2% 39,799 Addition to / (use of) reserves 419,747 388,837 (3,098,542) 269,195 FACILITIES MANAGEMENT FUND (page 15)
Revenue 7,296,218 561,068 - 6,735,150 7.7% 559,189
Expenditures 7,592,543 521,832 276,444 6,794,267 10.5% 448,758 Addition to / (use of) reserves (296,325) 39,236 (276,444) 110,432

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
Summary by Fund
For One Month Ended July 31, 2023 (8.3% 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 One Month Ended July 31, 2023 (8.3% of Fiscal Year) FLEET REPLACEMENT FUND (page 16)
Revenue 5,387,373 502,218 - 4,885,155 9.3% 484,526
Expenditures 7,819,921 21,956 1,322,881 6,475,084 17.2% 13,769 Addition to / (use of) reserves (2,432,548) 480,262 (1,322,881) 470,757 FLEET MAINTENANCE FUND (page 17)
Revenue 3,282,335 266,195 - 3,016,140 8.1% 293,196
Expenditures 3,571,488 253,340 483,019 2,835,129 20.6% 151,802 Addition to / (use of) reserves (289,154) 12,854 (483,019) 141,393 SELF INSURANCE TRUST FUND (page 18)
Revenue 17,330,117 1,472,807 - 15,857,310 8.5% 1,088,897 Expenditures 20,103,670 989,425 1,205,068 17,909,177 10.9% 1,450,577 Addition to / (use of) reserves (2,773,553) 483,382 (1,205,068) (361,680) INFORMATION TECHNOLOGY FUND (page 19)
Revenue 6,537,548 516,432 - 6,021,116 7.9% 419,834
Expenditures 6,608,862 828,155 78,351 5,702,355 13.7% 584,166 Addition to / (use of) reserves (71,314) (311,723) (78,351) (164,333) WATERFRONT OPERATING FUND (page 20)
Revenue 19,027,470 1,696,334 - 17,331,136 8.9% 1,686,527 Expenditures 19,445,568 2,029,831 860,527 16,555,210 14.9% 1,816,404 Addition to / (use of) reserves (418,098) (333,497) (860,527) (129,877) SANTA BARBARA CLEAN ENERGY FUND (page 21)
Revenue 47,660,583 361 - 47,660,222 0.0% -
Expenditures 39,699,930 545,618 1,679,654 37,474,657 5.6% 137,236 Addition to / (use of) reserves 7,960,653 (545,257) (1,679,654) (137,236) ENERGY AND CLIMATE MANAGEMENT FUND (page 22)
Revenue 3,076,426 236,987 - 2,839,439 7.7% 214,216
Expenditures 3,513,560 89,455 282,504 3,141,600 10.6% 47,751 Addition to / (use of) reserves (437,134) 147,532 (282,504) 166,465

TOTAL FOR ALL FUNDS
Revenue 500,344,977 31,305,554 503 469,039,926 6.3% 31,219,192 Expenditures 531,831,833 31,857,175 46,349,757 453,624,901 14.7% 28,467,511 Addition to / (use of) reserves (31,486,857) (551,621) (46,350,260) 2,751,681 ** 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 30,650,000 2,442,709 28,207,291 8.0% 2,451,720 -0.4% Measure C Sales Tax 31,900,000 2,637,864 29,262,136 8.3% 2,599,697 1.5% Property Taxes 46,371,460 - 46,371,460 0.0% - 0.0%
Utility Users Tax 7,375,415 450,039 6,925,376 6.1% 678,222 -33.6% Transient Occupancy Tax 27,500,000 2,446,428 25,053,572 8.9% 2,674,649 -8.5% Business License 2,850,000 78,455 2,771,545 2.8% 158,736 -50.6% Cannabis Excise Tax 1,518,910 39,708 1,479,202 2.6% 92,030 -56.9% Real Property Transfer Tax 1,200,000 73,992 1,126,008 6.2% 110,920 -33.3% Total Tax Revenues 149,365,785 8,169,195 141,196,590 5.5% 8,765,973 -6.8%

LICENSES & PERMITS
Licenses & Permits 233,310 17,564 215,746 7.5% 5,496 219.6% Total 233,310 17,564 215,746 7.5% 5,496 219.6%

FINES & FORFEITURES
Police 2,346,201 130,984 2,215,217 5.6% (27,518) -576.0% Other Fines & Forfeitures 664,600 9,199 655,401 1.4% 280,195 -96.7% Total 3,010,801 140,183 2,870,618 4.7% 252,677 -44.5%

USE OF MONEY & PROPERTY
Investment Income 1,456,485 179,224 1,277,261 12.3% 85,473 109.7% Rents & Concessions 1,584,288 101,926 1,482,362 6.4% 123,348 -17.4% Total 3,040,773 281,150 2,759,623 9.2% 208,820 34.6%

INTERGOVERNMENTAL
Library 943,479 - 943,479 0.0% 4,736 -100.0%
Fire 1,500,000 3,442 1,496,558 0.2% - 100.0%
Other Intergovernmental 565,734 49,601 516,133 8.8% 3,780 1212.2% Total 3,009,213 53,043 2,956,169 1.8% 8,516 522.9%

FEES & SERVICE CHARGES
Community Development 7,101,000 513,049 6,587,951 7.2% 625,129 -17.9% Parks & Recreation 4,400,928 855,686 3,545,242 19.4% 757,732 12.9% Other Service Charges 2,749,281 240,960 2,508,321 8.8% 289,360 -16.7% Total 14,251,209 1,609,696 12,641,514 11.3% 1,672,221 -3.7%

OTHER REVENUES
Interfund Charges & Reimbursement 13,289,997 1,004,391 12,285,606 7.6% 784,170 28.1% Overhead Indirect Allocations 9,380,779 774,522 8,606,258 8.3% 804,513 -3.7% Interfund Transfers 1,073,272 52,717 1,020,555 4.9% 33,535 57.2% Interfund Loans 24,140 - 24,140 0.0% 2,012 -100.0%
Miscellenous 406,583 912 405,671 0.2% 2,928 -68.9%
Donations 110,509 273 110,236 0.2% 130 110.0%
Franchise Fees 6,457,869 283,452 6,174,417 4.4% 601,814 -52.9% Total 30,743,149 2,116,267 28,626,883 6.9% 2,229,101 -5.1% Subtotal Non-Tax Revenues 54,288,456 4,217,903 50,070,552 7.8% 4,376,832 -3.6% TOTAL REVENUES 203,654,241 12,387,098 191,267,142 6.1% 13,142,805 -5.7%

CITY OF SANTA BARBARA
General Fund
Interim Statement of Budgeted and Actual Revenues
For One Month Ended July 31, 2023 (8.3% 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 1,153,795 92,124 - 1,061,671 8.0% 76,129 ARTS AND COMMUNITY PROMOTIONS 2,251,993 239,302 887,813 1,124,878 50.0% - Total 3,405,788 331,426 887,813 2,186,549 35.8% 76,129
City Attorney
CITY ATTORNEY 67,375 5,615 - 61,760 8.3% -
CITY ATTORNEY-ADMINISTRATION 1,336,789 90,685 263,306 982,798 26.5% 90,227 CITY ATTORNEY-ADVISORY 1,520,824 105,923 22,100 1,392,801 8.4% 113,605 CITY ATTORNEY-CIVIL LITIGATION 1,705,027 105,068 - 1,599,959 6.2% 92,070 CITY ATTORNEY-CODE ENFORCEMENT 1,877,769 39,106 35,000 1,803,663 3.9% 31,193 Total 6,507,784 346,396 320,406 5,840,982 10.2% 327,094 Administration
CITY ADMINISTRATOR 2,330,205 153,468 95,263 2,081,474 10.7% 149,957 CITY TV 598,526 38,727 26,618 533,181 10.9% 79,007
CITY CLERK 812,245 63,826 12,697 735,722 9.4% 47,183
Total 3,740,976 256,021 134,578 3,350,377 10.4% 276,146 Human Resources
HUMAN RESOURCES 2,393,643 160,193 342,094 1,891,356 21.0% 140,216 EMPLOYEE RELATIONS 351,492 19,389 68,491 263,612 25.0% 17,604 EMPLOYEE DEVELOPMENT 33,068 - 3,621 29,447 11.0% -
Total 2,778,203 179,582 414,206 2,184,415 21.4% 157,821 Finance
ADMINISTRATION 345,955 24,831 483 320,641 7.3% 25,615
REVENUE & CASH MANAGEMENT 793,660 49,728 39,282 704,650 11.2% 58,227 CASHIERING & COLLECTION 767,344 45,470 - 721,874 5.9% 43,077 LICENSES & PERMITS 982,237 45,779 3,003 933,455 5.0% 54,033 BUDGET MANAGEMENT 895,252 51,763 9,401 834,088 6.8% 45,387 ACCOUNTING 1,086,039 73,951 67,064 945,024 13.0% 63,657 PAYROLL 477,161 36,716 - 440,445 7.7% 35,603
ACCOUNTS PAYABLE 262,472 20,401 - 242,071 7.8% 21,219
CITY BILLING & CUSTOMER SERVICE 887,678 49,062 - 838,616 5.5% 50,382 PURCHASING 775,791 61,047 - 714,744 7.9% 63,353
CENTRAL WAREHOUSE 224,348 16,303 - 208,045 7.3% 19,042
MAIL SERVICES 173,654 11,652 6,155 155,847 10.3% 12,702 Total 7,671,592 486,702 125,389 7,059,501 8.0% 492,296
TOTAL GENERAL GOVERNMENT 24,104,342 1,600,128 1,882,391 20,621,823 14.4% 1,329,486

PUBLIC SAFETY
Police

CITY OF SANTA BARBARA
General Fund
Interim Statement of Appropriations, Expenditures and Encumbrances For One Month Ended July 31, 2023 (8.3% 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 One Month Ended July 31, 2023 (8.3% of Fiscal Year) CHIEF'S STAFF 2,595,149 203,973 5,897 2,385,279 8.1% 105,364 BUSINESS OFFICE 948,093 55,965 28 892,100 5.9% 41,276
RECORDS BUREAU 2,124,211 128,798 10,949 1,984,464 6.6% 118,430 STRATEGIC OPERATIONS AND PERSONNEL 1,501,653 134,953 14,080 1,352,620 9.9% 148,959 PROPERTY ROOM 289,940 20,875 - 269,065 7.2% 19,252
TRAINING, RECRUITMENT AND WELLNESS 4,532,964 163,255 184,537 4,185,173 7.7% 109,129 RANGE AND EQUIPMENT 2,840,639 154,782 936,216 1,749,641 38.4% 122,383 COMMUNITY & MEDIA RELATIONS 213,986 13,079 - 200,907 6.1% 12,346 INFORMATION TECHNOLOGY/CRIME ANALYSIS 1,866,758 147,676 94,490 1,624,592 13.0% 100,485 CRIMINAL INVESTIGATIONS & INTERNAL OP'S 8,357,836 452,716 5,173 7,899,947 5.5% 442,504 CRIME LAB 192,961 13,010 - 179,951 6.7% 11,878
FIELD OPERATIONS DIVISION 24,047,070 1,674,240 40,080 22,332,750 7.1% 1,585,010 TRAFFIC 945,346 67,982 18,014 859,350 9.1% 50,390
SPECIAL EVENTS 663,763 105,363 26,636 531,764 19.9% 80,674 STREET CRIMES UNIT 1,314,036 115,898 - 1,198,138 8.8% 125,711 SPECIAL ENFORCEMENT TEAM 426,323 10,353 - 415,970 2.4% 19,033 PARKING AND STREET SWEEPING 491,120 22,565 - 468,555 4.6% 29,746 PARKING ENFORCEMENT 1,068,289 42,702 - 1,025,587 4.0% 57,949 COMBINED COMMUNICATIONS CENTER 3,769,483 291,218 - 3,478,265 7.7% 240,884 ANIMAL CONTROL 1,030,843 44,352 3,090 983,401 4.6% 32,298 Total 59,220,463 3,863,757 1,339,190 54,017,517 8.8% 3,453,701 Fire
ADMINISTRATION 1,681,732 144,906 - 1,536,826 8.6% 92,752 EMERGENCY SERVICES AND PUBLIC ED 428,612 31,038 816 396,758 7.4% 42,059 PREVENTION 1,315,533 97,322 525 1,217,686 7.4% 99,915
WILDLAND FIRE MITIGATION PROGRAM 818,466 46,546 43,613 728,308 11.0% 29,727 OPERATIONS 25,822,719 2,171,625 167,068 23,484,026 9.1% 2,171,892 TRAINING AND RECRUITMENT 951,609 71,637 - 879,972 7.5% 53,064 ARFF 3,164,463 282,950 - 2,881,513 8.9% 240,565
Total 34,183,134 2,846,024 212,022 31,125,088 8.9% 2,729,975 TOTAL PUBLIC SAFETY 93,403,597 6,709,781 1,551,212 85,142,605 8.8% 6,183,675

PUBLIC WORKS
Public Works
ADMINISTRATION 1,728,007 118,205 16,337 1,593,465 7.8% 98,519 ENGINEERING SVCS 9,014,644 573,889 50,120 8,390,635 6.9% 422,345 PUBLIC RT OF WAY MGMT 2,112,717 142,473 28,820 1,941,425 8.1% 123,543 ENVIRONMENTAL PROGRAMS 524,687 13,205 90,599 420,883 19.8% 18,621 WATER RESOURCES 25,569 2,131 - 23,438 8.3% -
Total 13,405,625 849,902 185,876 12,369,846 7.7% 663,028 TOTAL PUBLIC WORKS 13,405,625 849,902 185,876 12,369,846 7.7% 663,028

COMMUNITY SERVICES

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 One Month Ended July 31, 2023 (8.3% of Fiscal Year) Parks & Recreation
REC PROGRAM MGMT 1,348,081 95,596 49,573 1,202,912 10.8% 78,680 FACILITIES & SPECIAL EVENTS 2,090,050 129,304 348,239 1,612,506 22.8% 101,477 YOUTH ACTIVITIES 1,611,551 149,717 32,209 1,429,625 11.3% 191,302 ACTIVE ADULTS 1,039,085 108,564 7,299 923,222 11.2% 96,704 AQUATICS 1,953,262 296,786 136,788 1,519,688 22.2% 263,682 SPORTS 881,635 79,464 215,506 586,664 33.5% 60,613
TENNIS 580,339 41,901 200,336 338,102 41.7% 38,916
NEIGHBORHOOD & OUTREACH SERV 1,296,583 96,587 20,444 1,179,551 9.0% 82,332 ADMINISTRATION 1,474,716 99,790 881 1,374,045 6.8% 86,463 PROJECT MANAGEMENT TEAM 878,707 59,595 20,942 798,170 9.2% 47,609 PARK OPERATIONS MANAGEMENT 1,250,419 92,360 6,157 1,151,902 7.9% 73,065 GROUNDS & FACILITIES MAINTENANCE 6,783,208 409,174 322,965 6,051,069 10.8% 351,954 FORESTRY 1,784,435 109,958 102,532 1,571,946 11.9% 102,589 BEACH MAINTENANCE 176,154 13,214 21,216 141,723 19.5% 11,526 MEDIANS PARKWAYS & CONTRACTS 551,350 29,031 264,784 257,535 53.3% 23,859 Total 23,699,574 1,811,043 1,749,871 20,138,661 15.0% 1,610,769 Library
ADMINISTRATION 1,086,543 72,701 253 1,013,589 6.7% 51,957 CENTRAL LIBRARY 5,111,149 339,576 7,990 4,763,583 6.8% 363,596 EASTSIDE LIBRARY 585,927 21,957 630 563,341 3.9% 21,933 LIBRARY ON THE GO 279,290 10,986 - 268,304 3.9% 8,823
ADULT EDUCATION 368,863 18,117 - 350,746 4.9% 1,288
Total 7,431,772 463,336 8,873 6,959,563 6.4% 447,598
TOTAL COMMUNITY SERVICES 31,131,346 2,274,379 1,758,743 27,098,224 13.0% 2,058,367

COMMUNITY DEVELOPMENT
Community Development
ADMINISTRATION 2,295,105 152,450 28,123 2,114,532 7.9% 122,424 RENTAL HOUSING MEDIATION 353,565 23,702 - 329,863 6.7% 22,426 HUMAN SERVICES 734,325 3,983 50,000 680,342 7.4% 2,367
LONG RANGE PLAN & SPEC STUDY 1,064,257 73,006 - 991,251 6.9% 79,781 DEVEL & ENVIRONMENTAL REVIEW 1,882,354 131,240 2,321 1,748,793 7.1% 113,826 ZONING INFO & ENFORCEMENT 1,678,785 103,728 6,602 1,568,455 6.6% 107,849 DESIGN REV & HIST PRESERVATION 1,708,212 118,938 - 1,589,274 7.0% 109,644 BLDG INSP & CODE ENFORCEMENT 1,939,129 134,134 55,366 1,749,629 9.8% 100,387 RECORDS ARCHIVES & CLER SVCS 759,957 53,283 3,458 703,216 7.5% 46,195 BLDG COUNTER & PLAN REV SVCS 2,877,157 157,755 145,616 2,573,786 10.5% 144,056 CODE COMPLIANCE 972,361 62,134 352 909,875 6.4% 23,363
Total 16,265,206 1,014,353 291,837 14,959,016 8.0% 872,318 TOTAL COMMUNITY DEVELOPMENT 16,265,206 1,014,353 291,837 14,959,016 8.0% 872,318

SUSTAINABILITY AND RESILIENCE
Sustainability and Resilience

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 One Month Ended July 31, 2023 (8.3% of Fiscal Year) ADMINISTRATION 48,635 294 48,635 (294) 100.6% 7,609
Total 48,635 294 48,635 (294) 100.6% 7,609
TOTAL SUSTAINABILITY AND RESILIENCE 48,635 294 48,635 (294) 100.6% 7,609

NON-DEPARTMENTAL
Non-Departmental
ANTICIPATED SALARY SAVINGS (6,000,000) - - (6,000,000) 0.0% - TRANSFERS OUT 2,103,793 58,575 - 2,045,218 2.8% 59,479
CAPITAL OUTLAY TRANSFER 50,782,855 4,345,685 - 46,437,170 8.6% 2,417,826 APPROP. RESERVE 220,000 - - 220,000 0.0% -
Total 47,106,648 4,404,260 - 42,702,388 9.3% 2,477,305
TOTAL NON-DEPARTMENTAL 47,106,648 4,404,260 - 42,702,388 9.3% 2,477,305 TOTAL EXPENDITURES 225,465,399 16,853,097 5,718,694 202,893,608 10.0% 13,591,788 ** 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
Budget Actual brances Balance Budget

TRAFFIC SAFETY FUND
Revenue 245,000 15,080 - 229,920 6.2%
Expenditures 245,000 15,080 - 229,920 6.2%
Revenue Less Expenditures - - - -

CREEK RESTORATION/WATER QUALITY IMPRVMT
Revenue 6,047,071 517,099 - 5,529,972 8.6%
Expenditures 6,774,445 389,551 884,344 5,500,550 18.8%
Revenue Less Expenditures (727,374) 127,548 (884,344) 29,422

COMMUNITY DEVELOPMENT BLOCK GRANT
Revenue 1,176,711 31,556 - 1,145,155 2.7%
Expenditures 1,735,701 12,237 277,038 1,446,426 16.7%
Revenue Less Expenditures (558,990) 19,319 (277,038) (301,271)

COUNTY LIBRARY
Revenue 222,458 192 - 222,266 0.1%
Expenditures 492,344 20,319 1,278 470,747 4.4%
Revenue Less Expenditures (269,886) (20,127) (1,278) (248,481)

STREETS FUND
Revenue 13,231,712 778,856 - 12,452,856 5.9%
Expenditures 14,103,197 1,029,007 145,727 12,928,463 8.3% Revenue Less Expenditures (871,485) (250,151) (145,727) (475,607)

MEASURE A FUND
Revenue 5,298,579 12,391 - 5,286,188 0.2%
Expenditures 5,865,193 326,198 574,288 4,964,708 15.4%
Revenue Less Expenditures (566,614) (313,806) (574,288) 321,480

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
Special Revenue Funds
For One Month Ended July 31, 2023 (8.3% of Fiscal Year)

Previous
YTD
-
-
-
549,860
284,258
265,602
3,182
26,144
(22,962)
62,547
37,681
24,866
888,358
946,867
(58,510)
4,481
291,505
(287,024)

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

REVENUES
Service charges 37,623,904 2,996,908 - 34,626,996 8.0%
Other Fees & Charges 355,650 3,345 - 352,305 0.9%
Investment Income 130,300 14,963 - 115,337 11.5%
Grants 23,279 - - 23,279 0.0%
Miscellaneous 28,888 529 - 28,359 1.8%
TOTAL REVENUES 38,162,021 3,015,746 - 35,146,275 7.9%

EXPENSES
Salaries & Benefits 1,983,844 129,810 - 1,854,034 6.5%
Materials, Supplies & Services 34,676,186 1,636,112 17,790,234 15,249,840 56.0% Special Projects 1,580,403 - 315,850 1,264,553 20.0%
Transfers-Out 50,000 4,167 - 45,833 8.3%
Capital Outlay Transfers - - - - 0.0%
Equipment 272,744 253 60,481 212,010 22.3%
Other 40,000 - - 40,000 0.0%
Appropriated Reserve 23,417 - - 23,417 0.0%
TOTAL EXPENSES 38,626,594 1,770,341 18,166,565 18,689,688 51.6% Revenue Less Expense (464,573) 1,245,405 (18,166,565) 16,456,587

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For One Month Ended July 31, 2023 (8.3% of Fiscal Year)

SOLID WASTE FUND

Previous
YTD
2,745,368
2,382
6,436
-
-
2,754,187
103,492
2,105,591
-
4,167
81 15,168
-
-
2,228,499
525,688

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

REVENUES
Water Sales- Metered 61,627,176 4,729,864 - 56,897,312 7.7% 5,088,225 Service Charges 251,460 14,735 - 236,725 5.9% 29,178
Cater JPA Treatment Charges 2,400,000 (174) - 2,400,174 0.0% - Investment Income 1,915,150 206,961 - 1,708,189 10.8% 101,646 Grants - 71,830 - (71,830) 100.0% -
Reimbursements 8,386,167 419,948 - 7,966,219 5.0% 35,797 Miscellaneous 132,893 15,698 - 117,195 11.8% 3,995
TOTAL REVENUES 74,712,846 5,458,861 - 69,253,985 7.3% 5,258,841

EXPENSES
Salaries & Benefits 14,359,118 1,051,291 - 13,307,827 7.3% 928,392 Materials, Supplies & Services 26,552,935 796,878 5,046,188 20,709,869 22.0% 633,766 Special Projects 840,997 487 90,077 750,433 10.8% -
Water Purchases 13,736,634 349,098 - 13,387,536 2.5% 1,310,381 Debt Service 9,188,111 - - 9,188,111 0.0% -
Capital Outlay Transfers 15,706,950 1,308,913 - 14,398,038 8.3% 1,173,349 Equipment 315,891 - 37,783 278,108 12.0% -
Capitalized Fixed Assets 490,814 - 55,000 435,814 11.2% - Other 33,800 - 5,000 28,800 14.8% 660
Appropriated Reserve 150,000 - - 150,000 0.0% -
TOTAL EXPENSES 81,375,250 3,506,666 5,234,049 72,634,535 10.7% 4,046,548 Revenue Less Expense (6,662,404) 1,952,195 (5,234,049) (3,380,550) 1,212,293 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 One Month Ended July 31, 2023 (8.3% 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 28,099,437 2,205,802 - 25,893,635 7.8% 2,058,360 Fees 613,443 38,723 - 574,720 6.3% 54,850
Investment Income 364,500 42,441 - 322,059 11.6% 19,365 Rents & Concessions 61,072 4,285 - 56,787 7.0% 4,084
Miscellaneous 5,000 - - 5,000 0.0% 2,230
TOTAL REVENUES 29,143,452 2,291,251 - 26,852,201 7.9% 2,138,889

EXPENSES
Salaries & Benefits 9,225,935 675,056 - 8,550,879 7.3% 601,245 Materials, Supplies & Services 11,912,757 464,855 2,648,888 8,799,015 26.1% 411,021 Special Projects 1,485,148 - 426,161 1,058,987 28.7% -
Debt Service 3,552,087 341,981 - 3,210,106 9.6% 341,981 Capital Outlay Transfers 4,056,315 338,026 - 3,718,289 8.3% 395,255 Equipment 161,195 1,299 26,655 133,242 17.3% 2,020
Capitalized Fixed Assets 196,834 - 15,000 181,834 7.6% - Other 4,100 1,513 6,500 (3,913) 195.4% 1,513
TOTAL EXPENSES 30,594,371 1,822,730 3,123,204 25,648,438 16.2% 1,753,034 Revenue Less Expense (1,450,919) 468,522 (3,123,204) 1,203,763 385,854 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 One Month Ended July 31, 2023 (8.3% 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 1,000,000 12,955 - 987,045 1.3% 143,811 Parking Fees 9,023,365 635,264 - 8,388,102 7.0% 574,291 Other Fees & Charges 15,606 - - 15,606 0.0% -
Investment Income 77,000 10,409 - 66,591 13.5% 3,227
Rents & Concessions 374,590 22,274 - 352,316 5.9% 13,647 Miscellaneous 170,183 3,027 - 167,156 1.8% 1,410
Operating Transfers-In 702,899 58,575 - 644,324 8.3% 59,479 TOTAL REVENUES 11,363,643 742,504 - 10,621,139 6.5% 795,864

EXPENSES
Salaries & Benefits 5,769,667 405,106 - 5,364,561 7.0% 344,115 Materials, Supplies & Services 4,716,200 328,890 1,240,876 3,146,434 33.3% 238,925 Special Projects 583,279 - 492,875 90,404 84.5% -
Transfer-Out 4,600 - - 4,600 0.0% -
Capital Outlay Transfers 905,000 75,417 - 829,583 8.3% 60,091 Equipment 30,008 3,748 - 26,260 12.5% 1,007
Appropriated Reserve 10,000 - - 10,000 0.0% -
TOTAL EXPENSES 12,018,754 813,161 1,733,750 9,471,843 21.2% 644,138 Revenue Less Expense (655,111) (70,657) (1,733,750) 1,149,296 151,727 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 One Month Ended July 31, 2023 (8.3% 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 5,500,077 457,507 - 5,042,570 8.3% 391,791 Leases-Terminal 10,778,396 361,490 - 10,416,906 3.4% 805,465 Leases-Non-Commercial Aviation 4,689,174 368,462 - 4,320,712 7.9% 369,127 Leases-Commercial Aviation 6,914,542 357,663 - 6,556,878 5.2% 478,884 Investment Income 467,500 50,587 - 416,913 10.8% 25,969 Service Charges 1,669 - - 1,669 0.0% 117
Miscellaneous 155,682 557 - 155,125 0.4% 1,873
Operating Transfers-In 1,000,000 83,333 - 916,667 8.3% - TOTAL REVENUES 29,507,039 1,679,600 - 27,827,439 5.7% 2,073,227

EXPENSES
Salaries & Benefits 11,411,379 812,913 - 10,598,466 7.1% 697,902 Materials, Supplies & Services 13,657,540 618,955 2,067,053 10,971,531 19.7% 573,015 Special Projects 2,317,069 - 1,013,219 1,303,851 43.7% - Transfer-Out 628,167 20,833 - 607,334 3.3% -
Debt Service 1,559,205 129,934 - 1,429,271 8.3% 129,313 Capital Outlay Transfers 1,676,136 139,678 - 1,536,458 8.3% 112,713 Equipment 177,952 - 1,232 176,720 0.7% 300
Capitalized Fixed Assets 53,000 - - 53,000 0.0% -
Other - - 5,000 (5,000) 100.0% -
Appropriated Reserve 131,556 - - 131,556 0.0% -
TOTAL EXPENSES 31,612,004 1,722,313 3,086,504 26,803,187 15.2% 1,513,242 Revenue Less Expense (2,104,966) (42,714) (3,086,504) 1,024,252 559,984 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 One Month Ended July 31, 2023 (8.3% 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 3,915,665 448,258 - 3,467,407 11.4% 289,556 Investment Income 57,000 7,229 - 49,771 12.7% 2,877
Rents & Concessions 231,000 22,180 - 208,820 9.6% 16,771 Miscellaneous - 425 - (425) 100.0% (210)
TOTAL REVENUES 4,203,665 478,091 - 3,725,574 11.4% 308,994

EXPENSES
Salaries & Benefits 110,567 7,164 - 103,403 6.5% 6,160
Materials, Supplies & Services 3,373,351 57,090 3,098,542 217,719 93.5% 14,640 Capital Outlay Transfers 300,000 25,000 - 275,000 8.3% 19,000 TOTAL EXPENSES 3,783,918 89,254 3,098,542 596,122 84.2% 39,799 Revenue Less Expense 419,747 388,837 (3,098,542) 3,129,452 269,195 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 One Month Ended July 31, 2023 (8.3% of Fiscal Year)

GOLF COURSE FUND

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

REVENUES
Service Charges 3,645,995 292,613 - 3,353,382 8.0% 279,657 Work Orders - Bldg Maint. 3,644,723 268,455 - 3,376,268 7.4% 279,532 Miscellaneous 5,500 - - 5,500 0.0% -
TOTAL REVENUES 7,296,218 561,068 - 6,735,150 7.7% 559,189

EXPENSES
Salaries & Benefits 5,150,098 324,686 - 4,825,412 6.3% 313,474 Materials, Supplies & Services 2,129,675 189,702 75,262 1,864,711 12.4% 117,090 Special Projects 299,172 7,144 201,181 90,847 69.6% 579 Capital Outlay Transfers 3,598 300 - 3,298 8.3% 16,133
Equipment 10,000 - - 10,000 0.0% 1,482
TOTAL EXPENSES 7,592,543 521,832 276,444 6,794,267 10.5% 448,758 Revenue Less Expense (296,325) 39,236 (276,444) (59,117) 110,432

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For One Month Ended July 31, 2023 (8.3% of Fiscal Year)

FACILITIES MANAGEMENT FUND

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

REVENUES
Vehicle Rental Charges 4,963,096 426,993 - 4,536,102 8.6% 245,748 Investment Income 351,897 40,152 - 311,745 11.4% 16,903 Rents & Concessions 4,380 8,598 - (4,218) 196.3% 8,598
Miscellaneous 68,000 26,474 - 41,526 38.9% 14,500
Operating Transfers-In - - - - 0.0% 198,778
TOTAL REVENUES 5,387,373 502,218 - 4,885,155 9.3% 484,526

EXPENSES
Salaries & Benefits 207,091 12,794 - 194,297 6.2% 13,067 Materials, Supplies & Services 25,316 8,745 - 16,571 34.5% 323 Debt Service 606,372 - - 606,372 0.0% -
Capitalized Fixed Assets 6,981,142 417 1,322,881 5,657,844 19.0% 379 TOTAL EXPENSES 7,819,921 21,956 1,322,881 6,475,084 17.2% 13,769 Revenue Less Expense (2,432,548) 480,262 (1,322,881) (1,589,929) 470,757

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For One Month Ended July 31, 2023 (8.3% of Fiscal Year)

FLEET REPLACEMENT FUND

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

REVENUES
Vehicle Maintenance Charges 3,162,732 255,811 - 2,906,921 8.1% 262,248 Reimbursements 5,000 833 - 4,167 16.7% 417
Miscellaneous 114,602 9,550 - 105,052 8.3% 30,531
TOTAL REVENUES 3,282,335 266,195 - 3,016,140 8.1% 293,196

EXPENSES
Salaries & Benefits 1,675,980 117,929 - 1,558,051 7.0% 109,474 Materials, Supplies & Services 1,764,696 129,017 410,648 1,225,031 30.6% 42,206 Special Projects 76,187 6,272 42,097 27,818 63.5% -
Capital Outlay Transfers 1,467 122 - 1,345 8.3% 122
Equipment 7,884 - - 7,884 0.0% -
Capitalized Fixed Assets 30,275 - 30,275 - 100.0% -
Appropriated Reserve 15,000 - - 15,000 0.0% -
TOTAL EXPENSES 3,571,488 253,340 483,019 2,835,129 20.6% 151,802 Revenue Less Expense (289,154) 12,854 (483,019) 181,011 141,393

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For One Month Ended July 31, 2023 (8.3% of Fiscal Year)

FLEET MAINTENANCE FUND

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

REVENUES
Insurance Premiums 11,001,421 917,375 - 10,084,046 8.3% 638,217 Workers' Compensation Premiums 5,724,102 497,546 - 5,226,556 8.7% 381,001 OSH Charges 301,269 26,187 - 275,082 8.7% 24,415
Unemployment Insurance Premium 200,000 15,993 - 184,007 8.0% 35,630 Investment Income 27,500 9,388 - 18,112 34.1% 3,317
Operating Transfers-In 75,825 6,319 - 69,506 8.3% 6,319 TOTAL REVENUES 17,330,117 1,472,807 - 15,857,310 8.5% 1,088,897

EXPENSES
Salaries & Benefits 838,683 65,868 - 772,815 7.9% 60,849 Materials, Supplies & Services 19,264,578 923,523 1,205,068 17,135,987 11.0% 1,389,693 Capital Outlay Transfers 409 34 - 375 8.3% 34
TOTAL EXPENSES 20,103,670 989,425 1,205,068 17,909,177 10.9% 1,450,577 Revenue Less Expense (2,773,553) 483,382 (1,205,068) (2,051,867) (361,680) 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 One Month Ended July 31, 2023 (8.3% of Fiscal Year)

SELF INSURANCE TRUST FUND

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

REVENUES
Service charges 6,208,379 516,432 - 5,691,947 8.3% 419,834 Operating Transfers-In 329,169 - - 329,169 0.0% -
TOTAL REVENUES 6,537,548 516,432 - 6,021,116 7.9% 419,834

EXPENSES
Salaries & Benefits 3,901,398 274,647 - 3,626,751 7.0% 209,410 Materials, Supplies & Services 2,450,255 534,171 78,351 1,837,733 25.0% 365,450 Special Projects 200 - - 200 0.0% -
Capital Outlay Transfers 240,830 20,069 - 220,761 8.3% 9,306 Equipment 13,000 (732) - 13,732 -5.6% -
Appropriated Reserve 3,179 - - 3,179 0.0% -
TOTAL EXPENSES 6,608,862 828,155 78,351 5,702,355 13.7% 584,166 Revenue Less Expense (71,314) (311,723) (78,351) 318,760 (164,333) 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 One Month Ended July 31, 2023 (8.3% of Fiscal Year)

INFORMATION TECHNOLOGY FUND

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

REVENUES
Leases - Commercial 2,350,000 228,415 - 2,121,585 9.7% 227,339 Leases - Food Service 3,575,000 328,793 - 3,246,207 9.2% 345,980 Slip Rental Fees 5,578,030 474,874 - 5,103,156 8.5% 431,356 Visitors Fees 765,000 49,632 - 715,368 6.5% 41,041
Slip Transfer Fees 1,100,000 114,375 - 985,625 10.4% 102,275 Parking Revenue 3,596,500 369,140 - 3,227,360 10.3% 414,251 Wharf Parking 325,000 29,154 - 295,846 9.0% 32,375
Other Fees & Charges 272,740 19,157 - 253,583 7.0% 19,715 Investment Income 243,200 29,694 - 213,506 12.2% 14,341 Rents & Concessions 435,000 38,647 - 396,353 8.9% 40,138 Miscellaneous 787,000 14,452 - 772,548 1.8% 17,715
TOTAL REVENUES 19,027,470 1,696,334 - 17,331,136 8.9% 1,686,527

EXPENSES
Salaries & Benefits 8,342,167 631,211 - 7,710,957 7.6% 582,990 Materials, Supplies & Services 6,787,027 360,320 803,319 5,623,388 17.1% 295,685 Special Projects 286,551 10,558 28,875 247,119 13.8% 39,125 Debt Service 2,035,239 889,263 - 1,145,976 43.7% 889,263 Capital Outlay Transfers 1,650,000 137,500 - 1,512,500 8.3% 8,333 Equipment 174,040 980 9,486 163,574 6.0% 1,007
Capitalized Fixed Assets 68,544 - 13,847 54,697 20.2% - Other 2,000 - 5,000 (3,000) 250.0% -
Appropriated Reserve 100,000 - - 100,000 0.0% -
TOTAL EXPENSES 19,445,568 2,029,831 860,527 16,555,210 14.9% 1,816,404 Revenue Less Expense (418,098) (333,497) (860,527) 775,926 (129,877)

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For One Month Ended July 31, 2023 (8.3% 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 47,660,583 - - 47,660,583 0.0% -
Investment Income - 361 - (361) 100.0% -
TOTAL REVENUES 47,660,583 361 - 47,660,222 0.0% -

EXPENSES
Salaries & Benefits 527,742 20,068 - 507,674 3.8% 13,942 Materials, Supplies & Services 37,154,402 509,129 1,655,063 34,990,210 5.8% 123,293 Special Projects 1,506,485 16,422 24,591 1,465,472 2.7% - Debt Service 34,695 - - 34,695 0.0% -
Other 476,606 - - 476,606 0.0% -
TOTAL EXPENSES 39,699,930 545,618 1,679,654 37,474,657 5.6% 137,236 Revenue Less Expense 7,960,653 (545,257) (1,679,654) 10,185,565 (137,236)

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For One Month Ended July 31, 2023 (8.3% of Fiscal Year)

SANTA BARBARA CLEAN ENERGY FUND

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

REVENUES
Service charges 3,014,426 236,987 - 2,777,439 7.9% 212,714 Miscellaneous 62,000 - - 62,000 0.0% 1,502
TOTAL REVENUES 3,076,426 236,987 - 2,839,439 7.7% 214,216

EXPENSES
Salaries & Benefits 916,003 73,867 - 842,136 8.1% 40,605 Materials, Supplies & Services 2,259,707 15,431 174,182 2,070,094 8.4% 5,098 Special Projects 337,550 - 108,322 229,228 32.1% -
Debt Service - - - - 0.0% 2,012
Capital Outlay Transfers - - - - 0.0% 36
Equipment 300 158 - 142 52.6% -
TOTAL EXPENSES 3,513,560 89,455 282,504 3,141,600 10.6% 47,751 Revenue Less Expense (437,134) 147,532 (282,504) (302,161) 166,465 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 One Month Ended July 31, 2023 (8.3% of Fiscal Year)

ENERGY AND CLIMATE MANAGEMENT FUND

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: September 26, 2023
TO: Mayor and Councilmembers
FROM: Accounting Division, Finance Department
SUBJECT: Fiscal Year 2023 Fourth-Quarter Review
RECOMMENDATION: That Council:

A. Receive a report from staff on the status of revenues and expenditures in relation to budget for the twelve months ended June 30, 2023;
B. Accept the Fiscal Year (FY) 2023 Interim Financial Statements for the twelve months ended June 30, 2023; and
C. Approve proposed Fourth Quarter (Q4) adjustments to FY 2023 appropriations and estimated revenues as detailed in the attached schedule of Proposed Q4 adjustments.

DISCUSSION:

Each month, staff presents interim financial statements (Attachment 1) showing the status of revenues and expenditures in relation to budget for City Funds. Each quarter, the interim financial statements are expanded to include a detailed narrative analysis of General Fund and Enterprise Funds (Attachment 2).

In addition to the Q4 budget analysis, staff bring forward recommended adjustments for City Council approval. These adjustments are result of new information and/or unanticipated events that occurred since the adoption of the budget in June 2022. A listing and description of each proposed current year adjustment is provided in Attachment 3.

Due to economic uncertainties articulated in the FY 2023 adopted budget, a required budget reduction plan of $1.0 Million was implemented and allocated amongst all General Fund departments. Staff reviewed and consolidated Q4 revenue and expenditure adjustments into the Q4 report for City Council’s approval. For General Fund, budget reduction targets have been met. These reductions help achieve a balanced budget, which mitigates risk.

Agenda Item No. 5
File Code No. 230.05
Council Agenda Report
Fiscal Year 2023 Fourth-Quarter Review
September 26, 2023

The table below summarizes the General Fund revenue and expenditure budget including actuals through Q4. The total adopted revenue budget is $184.6 Million and the total adopted expenditure budget is $185.7 Million, resulting in an operating deficit of roughly $1.1 Million. The revised budget includes additional expenditures from encumbrances from prior year contractual commitments, along with any City Council approved adjustments since beginning of the year. There are still several pending adjustments that will have an impact on the bottom line; however, the overall year-end result is materially correct and will only show minor changes moving forward. Q4 adjustments are also not represented in the tables below.

General Fund
FY2023
Adopted
Budget
FY2023
Revised
Budget
Actuals
through Q4
FY2023
Projection
(as of Q4)
Actuals
Percent
of
Revised
Budget
Revenues $184,618,453 $185,054,308 $194,818,045 $194,818,046 105.3% Expenditures

185,678,749

201,480,990

191,019,138

193,428,723 94.8%
Manual
Carryforward

2,666,088
Surplus/(Deficit) ($1,060,296) ($16,426,683) $3,798,907 ($1,276,765) Property tax revenue actuals are 6% above revised budget and 9% when comparing FY 2022. Sales tax and TOT leveled off in FY 2023 but still surpassed budgeted expectations.

Staff are projecting a $1.3 Million deficit in the General Fund when factoring in expenditure budgets for actions taken by the City Council during FY 2023 and for commitments into FY 2024.

Staff will collaborate with the City’s auditors in the coming months to prepare and finalize the financial statements, which is scheduled to be presented to the Finance Committee by the end of the calendar year.

ATTACHMENTS: 1. Summary by Fund Statement of Revenues and Expenditures for Twelve Months Ended June 30, 2023

2. Interim Financial Statements for Twelve Months Ended June 30, 2023 (Narrative Analysis)

3. Schedule of Proposed Fourth Quarter Adjustments
PREPARED BY: Jessica Yates, Accounting Supervisor
SUBMITTED BY: Keith DeMartini, Finance Director
APPROVED BY: City Administrator's Office
ATTACHMENT 1
Revised YTD Encum- Remaining Percent of Previous
Budget Actual brances Balance Budget YTD
GENERAL FUND (pages 3-7)
Revenue 185,054,308 194,818,046 503 (9,763,235) 105.3% 201,662,431 Expenditures 201,480,990 191,019,137 2,757,987 7,703,866 96.2% 174,066,784 Addition to / (use of) reserves (16,426,683) 3,798,909 (2,758,490) 27,595,647 SOLID WASTE FUND (page 9)
Revenue 34,272,920 34,216,276 - 56,644 99.8% 33,930,892 Expenditures 34,958,987 32,940,903 135,124 1,882,959 94.6% 29,816,546 Addition to / (use of) reserves (686,067) 1,275,373 (135,124) 4,114,347 WATER OPERATING FUND (page 10)
Revenue 70,492,814 66,894,697 - 3,598,117 94.9% 78,582,151 Expenditures 73,981,719 65,752,353 2,065,594 6,163,772 91.7% 66,416,925 Addition to / (use of) reserves (3,488,905) 1,142,344 (2,065,594) 12,165,226 WASTEWATER OPERATING FUND (page 11)
Revenue 27,441,554 26,955,781 - 485,773 98.2% 25,910,883 Expenditures 28,741,397 27,024,457 1,064,527 652,413 97.7% 25,201,267 Addition to / (use of) reserves (1,299,843) (68,676) (1,064,527) 709,616 DOWNTOWN PARKING FUND (page 12)
Revenue 10,621,353 10,313,259 - 308,094 97.1% 6,992,483 Expenditures 10,812,012 10,464,739 173,655 173,617 98.4% 8,048,166 Addition to / (use of) reserves (190,659) (151,480) (173,655) (1,055,683) AIRPORT OPERATING FUND (page 13)
Revenue 27,238,151 27,372,269 - (134,118) 100.5% 30,280,673 Expenditures 32,767,740 29,649,278 740,345 2,378,117 92.7% 27,226,349 Addition to / (use of) reserves (5,529,589) (2,277,009) (740,345) 3,054,324 GOLF COURSE FUND (page 14)
Revenue 4,042,489 4,253,125 - (210,636) 105.2% 4,198,344 Expenditures 3,912,057 3,723,059 - 188,998 95.2% 3,257,816 Addition to / (use of) reserves 130,432 530,066 - 940,528 FACILITIES MANAGEMENT FUND (page 15)
Revenue 7,124,899 7,029,635 - 95,264 98.7% 6,423,132
Expenditures 7,277,281 6,950,262 10,100 316,919 95.6% 6,606,666 Addition to / (use of) reserves (152,382) 79,373 (10,100) (183,535)

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
Summary by Fund
For Twelve Months Ended June 30, 2023 (100% 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 Twelve Months Ended June 30, 2023 (100% of Fiscal Year) FLEET REPLACEMENT FUND (page 16)
Revenue 3,886,701 4,476,962 - (590,261) 115.2% 3,685,318 Expenditures 4,270,670 1,826,525 1,317,881 1,126,264 73.6% 3,402,117 Addition to / (use of) reserves (383,968) 2,650,437 (1,317,881) 283,201 FLEET MAINTENANCE FUND (page 17)
Revenue 3,226,802 3,238,294 - (11,492) 100.4% 3,019,766 Expenditures 3,382,015 3,300,149 62,284 19,582 99.4% 3,093,671 Addition to / (use of) reserves (155,213) (61,855) (62,284) (73,905) SELF INSURANCE TRUST FUND (page 18)
Revenue 17,067,765 17,189,689 - (121,924) 100.7% 10,348,667 Expenditures 15,249,467 14,749,786 762,272 (262,591) 101.7% 11,604,082 Addition to / (use of) reserves 1,818,298 2,439,903 (762,272) (1,255,415) INFORMATION TECHNOLOGY FUND (page 19)
Revenue 5,261,982 5,164,511 - 97,471 98.1% 4,562,222
Expenditures 5,475,433 5,080,435 24,297 370,701 93.2% 4,445,817 Addition to / (use of) reserves (213,451) 84,076 (24,297) 116,405 WATERFRONT OPERATING FUND (page 20)
Revenue 17,036,131 18,817,674 - (1,781,542) 110.5% 17,814,379 Expenditures 19,381,242 18,054,379 238,981 1,087,881 94.4% 15,015,686 Addition to / (use of) reserves (2,345,110) 763,294 (238,981) 2,798,694 SANTA BARBARA CLEAN ENERGY FUND (page 21)
Revenue 39,500,000 43,429,010 - (3,929,010) 109.9% 16,312,014 Expenditures 38,967,298 37,508,237 606,654 852,407 97.8% 15,548,593 Addition to / (use of) reserves 532,702 5,920,774 (606,654) 763,421 ENERGY AND CLIMATE MANAGEMENT FUND (page 22)
Revenue 2,671,168 2,657,118 - 14,050 99.5% 2,550,238
Expenditures 3,141,564 2,534,668 244,738 362,158 88.5% 2,201,540 Addition to / (use of) reserves (470,396) 122,450 (244,738) 348,697

TOTAL FOR ALL FUNDS
Revenue 454,939,037 466,826,346 503 (11,886,806) 102.6% 446,273,593 Expenditures 483,799,873 450,578,368 10,204,440 23,017,065 95.2% 395,952,025 Addition to / (use of) reserves (28,860,836) 16,247,978 (10,204,943) 50,321,568 ** 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 29,057,474 (2,353,432) 108.8% 28,503,731 1.9% Measure C Sales Tax 28,323,342 30,732,928 (2,409,586) 108.5% 30,824,430 -0.3% Property Taxes 43,250,489 46,006,164 (2,755,675) 106.4% 42,225,898 9.0% Utility Users Tax 7,779,112 7,967,487 (188,375) 102.4% 7,804,880 2.1% Transient Occupancy Tax 23,583,553 26,213,987 (2,630,434) 111.2% 26,628,111 -1.6% Business License 2,714,006 2,679,340 34,666 98.7% 2,653,092 1.0% Cannabis Excise Tax 1,879,977 1,388,089 491,888 73.8% 1,672,274 -17.0% Real Property Transfer Tax 1,328,218 862,195 466,023 64.9% 1,352,652 -36.3% Total Tax Revenues 135,562,739 144,907,664 (9,344,925) 106.9% 141,665,065 2.3%

LICENSES & PERMITS
Licenses & Permits 159,858 175,475 (15,617) 109.8% 215,977 -18.8% Total 159,858 175,475 (15,617) 109.8% 215,977 -18.8%

FINES & FORFEITURES
Police 2,358,618 1,213,307 1,145,311 51.4% 2,136,649 -43.2% Other Fines & Forfeitures 660,302 375,350 284,952 56.8% 100,822 272.3% Total 3,018,920 1,588,657 1,430,263 52.6% 2,237,471 -29.0%

USE OF MONEY & PROPERTY
Investment Income 529,185 1,492,899 (963,713) 282.1% 550,120 171.4% Rents & Concessions 1,399,391 1,381,739 17,652 98.7% 1,064,850 29.8% Total 1,928,576 2,874,637 (946,061) 149.1% 1,614,970 78.0%

INTERGOVERNMENTAL
Library 905,598 905,598 - 100.0% 1,162,393 -22.1%
Fire 550,000 479,972 70,028 87.3% 2,328,194 -79.4%
Other Intergovernmental 817,492 703,703 113,789 86.1% 11,866,163 -94.1% Total 2,273,090 2,089,272 183,817 91.9% 15,356,751 -86.4%

FEES & SERVICE CHARGES
Community Development 6,913,279 7,339,914 (426,635) 106.2% 7,147,983 2.7% Parks & Recreation 4,565,730 3,850,400 715,330 84.3% 3,527,320 9.2% Other Service Charges 4,042,475 4,369,389 (326,914) 108.1% 3,495,326 25.0% Total 15,521,484 15,559,703 (38,219) 100.2% 14,170,629 9.8%

OTHER REVENUES
Interfund Charges & Reimbursement 11,944,594 11,853,711 90,883 99.2% 10,399,492 14.0% Overhead Indirect Allocations 9,654,155 9,570,571 83,584 99.1% 8,987,059 6.5% Interfund Transfers 692,510 651,780 40,730 94.1% 1,795,153 -63.7% Interfund Loans 24,140 24,140 (0) 100.0% 24,140 0.0%
Miscellenous 128,442 1,166,089 (1,037,647) 907.9% 887,988 31.3% Donations 138,709 103,171 35,538 74.4% 131,647 -21.6%
Franchise Fees 4,007,090 4,253,175 (246,085) 106.1% 4,176,090 1.8% Total 26,589,640 27,622,637 (1,032,997) 103.9% 26,401,568 4.6% Subtotal Non-Tax Revenues 49,491,569 49,910,382 (418,813) 100.8% 59,997,365 -16.8% TOTAL REVENUES 185,054,308 194,818,046 (9,763,738) 105.3% 201,662,431 -3.4%

CITY OF SANTA BARBARA
General Fund
Interim Statement of Budgeted and Actual Revenues
For Twelve Months Ended June 30, 2023 (100% 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 1,054,553 1,011,780 - 42,772 95.9% 885,948 ARTS AND COMMUNITY PROMOTIONS 2,315,403 2,262,031 45,911 7,461 99.7% 2,583,096 Total 3,369,956 3,273,811 45,911 50,234 98.5% 3,469,044 City Attorney
CITY ATTORNEY-ADMINISTRATION 1,007,786 1,028,534 5,152 (25,900) 102.6% 1,164,605 CITY ATTORNEY-ADVISORY 1,545,197 1,594,772 22,100 (71,676) 104.6% 1,424,837 CITY ATTORNEY-CIVIL LITIGATION 1,430,514 1,332,649 - 97,865 93.2% 1,093,785 CITY ATTORNEY-CODE ENFORCEMENT 1,686,545 456,823 - 1,229,722 27.1% 445,103 Total 5,670,041 4,412,778 27,252 1,230,011 78.3% 4,128,330 Administration
CITY ADMINISTRATOR 2,687,014 2,235,167 62,713 389,135 85.5% 2,381,044 CITY TV 729,923 696,793 5,618 27,511 96.2% 608,645
CITY CLERK 721,579 677,655 29,697 14,227 98.0% 1,030,931 Total 4,138,516 3,609,614 98,028 430,874 89.6% 4,020,621 Human Resources
HUMAN RESOURCES 2,529,272 2,235,789 324,894 (31,411) 101.2% 1,910,528 EMPLOYEE RELATIONS 418,693 303,721 68,491 46,481 88.9% 241,756 EMPLOYEE DEVELOPMENT 99,948 34,687 3,621 61,640 38.3% 26,843 Total 3,047,913 2,574,197 397,006 76,711 97.5% 2,179,128 Finance
ADMINISTRATION 317,302 328,668 483 (11,850) 103.7% 393,215 REVENUE & CASH MANAGEMENT 773,693 588,847 9,517 175,328 77.3% 535,938 CASHIERING & COLLECTION 636,968 588,446 - 48,522 92.4% 560,844 LICENSES & PERMITS 766,641 831,365 3,003 (67,727) 108.8% 459,655 BUDGET MANAGEMENT 816,288 776,033 9,401 30,854 96.2% 624,654 ACCOUNTING 1,121,000 1,131,995 30,655 (41,651) 103.7% 899,498 PAYROLL 479,984 502,726 - (22,742) 104.7% 487,956
ACCOUNTS PAYABLE 278,278 296,264 - (17,985) 106.5% 269,474 CITY BILLING & CUSTOMER SERVICE 833,618 776,042 - 57,577 93.1% 701,557 PURCHASING 840,556 848,692 - (8,136) 101.0% 824,308
CENTRAL WAREHOUSE 244,738 252,725 - (7,986) 103.3% 233,852 MAIL SERVICES 163,466 161,320 6,155 (4,009) 102.5% 148,774 Total 7,272,532 7,083,122 59,215 130,195 98.2% 6,139,726 TOTAL GENERAL GOVERNMENT 23,498,958 20,953,523 627,411 1,918,024 91.8% 19,936,849

CITY OF SANTA BARBARA
General Fund
Interim Statement of Appropriations, Expenditures and Encumbrances For Twelve Months Ended June 30, 2023 (100% 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 Twelve Months Ended June 30, 2023 (100% of Fiscal Year)

PUBLIC SAFETY
Police
CHIEF'S STAFF 1,092,279 1,573,804 5,897 (487,422) 144.6% 1,712,628 BUSINESS OFFICE 675,625 615,275 28 60,322 91.1% 605,453 RECORDS BUREAU 1,826,855 1,642,048 10,949 173,858 90.5% 1,638,007 STRATEGIC OPERATIONS AND PERSONNEL 1,907,234 1,991,201 14,080 (98,047) 105.1% 2,030,437 PROPERTY ROOM 258,746 284,181 - (25,435) 109.8% 240,907 TRAINING, RECRUITMENT AND WELLNESS 1,913,561 1,678,121 65,361 170,079 91.1% 1,685,310 RANGE AND EQUIPMENT 2,972,591 1,949,476 924,477 98,639 96.7% 1,509,354 COMMUNITY & MEDIA RELATIONS 149,069 148,569 - 500 99.7% 260,652 INFORMATION TECHNOLOGY/CRIME ANALYSIS 1,858,663 1,799,159 105,796 (46,293) 102.5% 1,712,309 CRIMINAL INVESTIGATIONS & INTERNAL OP'S 6,153,224 5,770,437 5,173 377,614 93.9% 5,576,253 CRIME LAB 170,298 161,921 - 8,377 95.1% 158,178
FIELD OPERATIONS DIVISION 23,353,885 21,784,955 5,080 1,563,851 93.3% 19,749,368 TRAFFIC 790,855 535,911 18,014 236,930 70.0% 1,008,697
SPECIAL EVENTS 611,143 646,056 544 (35,456) 105.8% 651,071 STREET CRIMES UNIT 2,609,601 1,516,550 (0) 1,093,051 58.1% 1,461,237 SPECIAL ENFORCEMENT TEAM 735,366 229,026 - 506,340 31.1% 740,645 PARKING AND STREET SWEEPING 390,780 383,102 - 7,677 98.0% 405,957 PARKING ENFORCEMENT 981,740 750,357 - 231,383 76.4% 838,126 COMBINED COMMUNICATIONS CENTER 3,145,437 3,662,100 - (516,663) 116.4% 3,369,363 ANIMAL CONTROL 977,541 919,808 3,090 54,642 94.4% 847,613 Total 52,574,493 48,042,058 1,158,489 3,373,947 93.6% 46,201,564 Fire
ADMINISTRATION 1,322,186 1,344,454 - (22,268) 101.7% 1,121,485 EMERGENCY SERVICES AND PUBLIC ED 578,117 503,846 816 73,455 87.3% 490,278 PREVENTION 1,598,680 1,338,538 525 259,617 83.8% 1,204,179 WILDLAND FIRE MITIGATION PROGRAM 726,937 475,244 60,525 191,167 73.7% 342,197 OPERATIONS 26,699,047 26,719,287 163,161 (183,401) 100.7% 25,664,290 TRAINING AND RECRUITMENT 887,072 860,879 - 26,194 97.0% 710,947 ARFF 3,105,504 3,363,233 - (257,729) 108.3% 3,003,490
Total 34,917,542 34,605,481 225,027 87,034 99.8% 32,536,866 TOTAL PUBLIC SAFETY 87,492,035 82,647,539 1,383,516 3,460,981 96.0% 78,738,430

PUBLIC WORKS
Public Works
ADMINISTRATION 1,522,713 1,280,519 14,077 228,118 85.0% 1,275,958 ENGINEERING SVCS 7,014,519 6,361,451 46,477 606,591 91.4% 5,505,791 PUBLIC RT OF WAY MGMT 2,074,976 1,780,496 25,518 268,962 87.0% 1,602,241 ENVIRONMENTAL PROGRAMS 803,356 536,741 19,399 247,216 69.2% 664,790 Total 11,415,564 9,959,206 105,470 1,350,887 88.2% 9,048,780 TOTAL PUBLIC WORKS 11,415,564 9,959,206 105,470 1,350,887 88.2% 9,048,780

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 Twelve Months Ended June 30, 2023 (100% of Fiscal Year)

COMMUNITY SERVICES
Parks & Recreation
REC PROGRAM MGMT 1,106,612 969,570 49,333 87,709 92.1% 775,785 FACILITIES & SPECIAL EVENTS 1,573,652 1,513,308 - 60,344 96.2% 1,335,692 YOUTH ACTIVITIES 1,639,830 1,324,252 449 315,129 80.8% 1,242,693 ACTIVE ADULTS 1,109,737 901,392 449 207,897 81.3% 836,584 AQUATICS 2,185,325 1,858,361 8,534 318,430 85.4% 1,822,635 SPORTS 849,009 715,496 59,165 74,348 91.2% 615,007
TENNIS 558,388 439,628 46,288 72,473 87.0% 379,024
NEIGHBORHOOD & OUTREACH SERV 1,247,226 1,151,989 - 95,237 92.4% 940,721 ADMINISTRATION 1,249,735 1,182,740 - 66,996 94.6% 1,078,808 PROJECT MANAGEMENT TEAM 752,712 725,897 20,461 6,354 99.2% 486,879 PARK OPERATIONS MANAGEMENT 1,041,411 1,056,389 - (14,978) 101.4% 830,071 GROUNDS & FACILITIES MAINTENANCE 5,945,473 5,708,721 117,636 119,117 98.0% 5,439,475 FORESTRY 1,859,092 1,515,305 - 343,788 81.5% 1,367,779
BEACH MAINTENANCE 165,111 134,566 8,797 21,748 86.8% 137,086 MEDIANS PARKWAYS & CONTRACTS 582,447 525,592 3,520 53,335 90.8% 474,209 Total 21,865,760 19,723,204 314,631 1,827,925 91.6% 17,762,450 Library
ADMINISTRATION 932,821 929,189 253 3,378 99.6% 646,921
CENTRAL LIBRARY 5,946,744 5,698,988 523 247,233 95.8% 5,112,383 EASTSIDE LIBRARY 386,328 309,321 - 77,006 80.1% 322,416 LIBRARY ON THE GO 192,691 187,921 - 4,770 97.5% 109,795 ADULT EDUCATION 212,056 77,499 - 134,557 36.5% -
Total 7,670,640 7,202,919 776 466,945 93.9% 6,191,515
TOTAL COMMUNITY SERVICES 29,536,399 26,926,123 315,407 2,294,870 92.2% 23,953,965

COMMUNITY DEVELOPMENT
Community Development
ADMINISTRATION 2,890,472 2,890,016 28,123 (27,667) 101.0% 1,484,016 RENTAL HOUSING MEDIATION 321,113 316,256 - 4,858 98.5% 288,838 HUMAN SERVICES 1,162,824 855,691 50,000 257,133 77.9% 960,828 LONG RANGE PLAN & SPEC STUDY 981,328 903,790 1,314 76,223 92.2% 992,957 DEVEL & ENVIRONMENTAL REVIEW 1,700,654 1,619,674 3,670 77,311 95.5% 1,542,773 ZONING INFO & ENFORCEMENT 1,404,050 1,334,944 11,362 57,744 95.9% 1,365,834 DESIGN REV & HIST PRESERVATION 1,509,720 1,459,976 1,755 47,990 96.8% 1,409,620 BLDG INSP & CODE ENFORCEMENT 1,641,300 1,551,478 61,332 28,490 98.3% 1,802,019 RECORDS ARCHIVES & CLER SVCS 749,593 696,683 3,458 49,452 93.4% 644,834 BLDG COUNTER & PLAN REV SVCS 3,141,444 2,798,607 116,536 226,302 92.8% 2,325,328 CODE COMPLIANCE 656,758 652,449 - 4,309 99.3% -
Total 16,159,256 15,079,563 277,548 802,145 95.0% 12,817,047 TOTAL COMMUNITY DEVELOPMENT 16,159,256 15,079,563 277,548 802,145 95.0% 12,817,047

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 Twelve Months Ended June 30, 2023 (100% of Fiscal Year)

SUSTAINABILITY AND RESILIENCE
Sustainability and Resilience
ADMINISTRATION 75,245 17,014 48,635 9,596 87.2% 113,579 Total 75,245 17,014 48,635 9,596 87.2% 113,579
TOTAL SUSTAINABILITY AND RESILIENCE 75,245 17,014 48,635 9,596 87.2% 113,579

NON-DEPARTMENTAL
Non-Departmental
ANTICIPATED SALARY SAVINGS (4,420,842) - - (4,420,842) 0.0% - TRANSFERS OUT 8,238,099 5,999,143 - 2,238,956 72.8% 3,804,716 CAPITAL OUTLAY TRANSFER 29,437,026 29,437,026 - 0 100.0% 25,653,418 APPROP. RESERVE 49,250 - - 49,250 0.0% -
Total 33,303,533 35,436,169 - (2,132,636) 106.4% 29,458,134 TOTAL NON-DEPARTMENTAL 33,303,533 35,436,169 - (2,132,636) 106.4% 29,458,134 TOTAL EXPENDITURES 201,480,990 191,019,137 2,757,987 7,703,866 96.2% 174,066,784 ** 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 245,000 218,126 - 26,874 89.0% 236,596
Expenditures 245,000 202,115 - 42,885 82.5% 236,596
Revenue Less Expenditures - 16,011 - (16,011) -

CREEK RESTORATION/WATER QUALITY IMPRVMT
Revenue 4,845,513 5,510,315 - (664,802) 113.7% 5,484,890 Expenditures 5,257,724 4,463,322 325,856 468,546 91.1% 3,557,946 Revenue Less Expenditures (412,211) 1,046,993 (325,856) (1,133,348) 1,926,944

COMMUNITY DEVELOPMENT BLOCK GRANT
Revenue 1,846,634 866,101 - 980,533 46.9% 908,288
Expenditures 2,448,829 1,577,990 260,637 610,202 75.1% 1,391,740 Revenue Less Expenditures (602,195) (711,889) (260,637) 370,331 (483,452)

COUNTY LIBRARY
Revenue 446,729 430,881 - 15,848 96.5% 951,484
Expenditures 499,544 510,917 378 (11,751) 102.4% 993,186 Revenue Less Expenditures (52,816) (80,036) (378) 27,599 (41,702)

STREETS FUND
Revenue 13,178,081 13,375,663 - (197,582) 101.5% 12,585,160 Expenditures 13,324,756 12,500,976 168,923 654,857 95.1% 11,723,540 Revenue Less Expenditures (146,675) 874,687 (168,923) (852,439) 861,620

MEASURE A FUND
Revenue 5,045,484 5,529,462 - (483,978) 109.6% 5,238,884 Expenditures 7,052,095 6,366,963 11,285 673,847 90.4% 3,711,694 Revenue Less Expenditures (2,006,611) (837,501) (11,285) (1,157,826) 1,527,190

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
Special Revenue Funds
For Twelve Months Ended June 30, 2023 (100% of Fiscal Year)

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

REVENUES
Service charges 33,716,747 33,715,280 - 1,467 100.0% 32,523,308 Other Fees & Charges 70,000 38,710 - 31,290 55.3% 908,787 Investment Income 44,500 132,782 - (88,282) 298.4% 42,991 Grants 155,450 26,051 - 129,399 16.8% 155,382
Miscellaneous 286,223 303,454 - (17,231) 106.0% 280,186 TOTAL REVENUES 34,272,920 34,216,276 - 56,644 99.8% 33,930,892

EXPENSES
Salaries & Benefits 1,813,767 1,554,151 - 259,615 85.7% 1,457,908 Materials, Supplies & Services 31,270,457 30,240,981 68,793 960,683 96.9% 27,472,307 Special Projects 1,366,410 851,793 15,850 498,767 63.5% 738,177 Transfers-Out 50,000 50,000 - (0) 100.0% 50,000
Capital Outlay Transfers 973 973 - 0 100.0% 1,946
Equipment 394,960 243,005 50,481 101,473 74.3% 96,207
Other 40,000 - - 40,000 0.0% -
Appropriated Reserve 22,420 - - 22,420 0.0% -
TOTAL EXPENSES 34,958,987 32,940,903 135,124 1,882,959 94.6% 29,816,546 Revenue Less Expense (686,067) 1,275,373 (135,124) (1,826,315) 4,114,347

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Twelve Months Ended June 30, 2023 (100% 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 55,591,081 - 4,606,405 92.3% 58,746,186 Service Charges 208,765 287,349 - (78,584) 137.6% 297,823 Cater JPA Treatment Charges 2,359,556 2,217,906 - 141,650 94.0% 2,812,667 Investment Income 901,175 1,926,836 - (1,025,661) 213.8% 788,026 Grants - - - - 0.0% 10,572,764
Reimbursements 6,759,704 6,563,115 - 196,589 97.1% 4,218,433 Miscellaneous 66,128 308,410 - (242,282) 466.4% 806,609 Operating Transfers-In - - - - 0.0% 339,644
TOTAL REVENUES 70,492,814 66,894,697 - 3,598,117 94.9% 78,582,151

EXPENSES
Salaries & Benefits 13,981,945 13,163,307 - 818,639 94.1% 12,013,418 Materials, Supplies & Services 20,951,183 17,884,451 1,937,966 1,128,766 94.6% 15,664,721 Special Projects 803,622 539,387 80,077 184,158 77.1% 403,124 Water Purchases 11,084,565 7,397,365 - 3,687,200 66.7% 9,119,322 Debt Service 9,221,536 9,194,429 - 27,107 99.7% 9,166,436 Capital Outlay Transfers 17,217,186 17,217,186 - 0 100.0% 19,122,471 Equipment 247,606 124,719 32,550 90,336 63.5% 112,975
Capitalized Fixed Assets 290,275 196,361 15,000 78,914 72.8% 223,123 Other 33,800 35,148 - (1,348) 104.0% 591,335
Appropriated Reserve 150,000 - - 150,000 0.0% -
TOTAL EXPENSES 73,981,719 65,752,353 2,065,594 6,163,772 91.7% 66,416,925 Revenue Less Expense (3,488,905) 1,142,344 (2,065,594) (2,565,655) 12,165,226 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 Twelve Months Ended June 30, 2023 (100% 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 25,746,676 - 863,280 96.8% 24,956,943 Fees 584,826 717,867 - (133,041) 122.7% 576,057
Investment Income 180,700 370,164 - (189,464) 204.8% 156,459 Rents & Concessions 61,072 50,214 - 10,858 82.2% 55,037 Miscellaneous 5,000 70,687 - (65,687) 1413.7% 30,849
Operating Transfers-In - 173 - (173) 100.0% 135,537
TOTAL REVENUES 27,441,554 26,955,781 - 485,773 98.2% 25,910,883

EXPENSES
Salaries & Benefits 8,562,134 8,429,006 - 133,128 98.4% 7,538,379 Materials, Supplies & Services 10,214,826 9,396,316 610,445 208,065 98.0% 8,496,879 Special Projects 915,550 276,018 415,921 223,611 75.6% 485,195 Debt Service 3,551,087 3,551,087 - 0 100.0% 3,558,337
Capital Outlay Transfers 5,243,055 5,243,055 - 0 100.0% 4,939,840 Equipment 128,500 71,653 21,661 35,185 72.6% 95,411
Capitalized Fixed Assets 122,246 55,810 15,000 51,436 57.9% 85,243 Other 4,000 1,513 1,500 988 75.3% 1,985
TOTAL EXPENSES 28,741,397 27,024,457 1,064,527 652,413 97.7% 25,201,267 Revenue Less Expense (1,299,843) (68,676) (1,064,527) (166,640) 709,616 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 Twelve Months Ended June 30, 2023 (100% 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 1,034,461 - (134,461) 114.9% 965,508 Parking Fees 8,283,728 7,697,636 - 586,092 92.9% 4,738,083 Other Fees & Charges 30,000 12,461 - 17,539 41.5% 28,994 Investment Income 37,400 84,924 - (47,524) 227.1% 30,993 Rents & Concessions 157,760 242,221 - (84,461) 153.5% 159,280 Miscellaneous 144,366 172,952 - (28,586) 119.8% 251,508 Operating Transfers-In 1,068,099 1,068,606 - (507) 100.0% 818,116 TOTAL REVENUES 10,621,353 10,313,259 - 308,094 97.1% 6,992,483

EXPENSES
Salaries & Benefits 5,255,213 5,049,046 - 206,166 96.1% 4,077,650 Materials, Supplies & Services 4,277,069 4,326,466 29,428 (78,825) 101.8% 3,340,427 Special Projects 440,093 299,300 141,219 (426) 100.1% 393,131 Capital Outlay Transfers 782,472 782,472 - 0 100.0% 226,425 Equipment 47,165 7,455 3,008 36,702 22.2% 10,533
Appropriated Reserve 10,000 - - 10,000 0.0% -
TOTAL EXPENSES 10,812,012 10,464,739 173,655 173,617 98.4% 8,048,166 Revenue Less Expense (190,659) (151,480) (173,655) 134,477 (1,055,683) 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 Twelve Months Ended June 30, 2023 (100% 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 5,216,252 - 390,962 93.0% 5,155,216 Leases-Terminal 9,757,487 10,687,704 - (930,217) 109.5% 8,543,426 Leases-Non-Commercial Aviation 4,658,247 4,991,444 - (333,197) 107.2% 5,062,706 Leases-Commercial Aviation 6,374,208 5,847,734 - 526,474 91.7% 4,990,309 Investment Income 200,500 465,348 - (264,848) 232.1% 188,133 Grants 437,036 - - 437,036 0.0% 5,907,498
Service Charges - 1,548 - (1,548) 100.0% 1,358
Miscellaneous 150,459 109,239 - 41,220 72.6% 160,468
Operating Transfers-In 53,000 53,000 - - 100.0% 271,560 TOTAL REVENUES 27,238,151 27,372,269 - (134,118) 100.5% 30,280,673

EXPENSES
Salaries & Benefits 10,276,693 10,098,780 - 177,912 98.3% 8,652,543 Materials, Supplies & Services 13,393,172 12,385,032 570,196 437,944 96.7% 10,655,299 Special Projects 2,690,947 1,124,748 168,917 1,397,283 48.1% 815,622 Transfer-Out 250,000 250,000 - 0 100.0% -
Debt Service 1,551,750 1,551,750 - - 100.0% 1,555,750
Capital Outlay Transfers 4,136,632 4,136,632 - (0) 100.0% 5,400,929 Equipment 283,990 102,336 1,232 180,422 36.5% 146,207
Capitalized Fixed Assets 53,000 - - 53,000 0.0% -
Appropriated Reserve 131,556 - - 131,556 0.0% -
TOTAL EXPENSES 32,767,740 29,649,278 740,345 2,378,117 92.7% 27,226,349 Revenue Less Expense (5,529,589) (2,277,009) (740,345) (2,512,235) 3,054,324 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 Twelve Months Ended June 30, 2023 (100% 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 3,857,737 3,937,799 - (80,062) 102.1% 3,967,444 Investment Income 22,500 59,641 - (37,141) 265.1% 20,512 Rents & Concessions 162,252 232,483 - (70,231) 143.3% 209,500 Miscellaneous - 23,202 - (23,202) 100.0% 887
TOTAL REVENUES 4,042,489 4,253,125 - (210,636) 105.2% 4,198,344

EXPENSES
Salaries & Benefits 87,333 86,647 - 686 99.2% 77,744
Materials, Supplies & Services 3,142,645 2,954,421 - 188,224 94.0% 2,928,005 Debt Service 453,829 453,829 - 0 100.0% 41,430
Capital Outlay Transfers 228,000 228,000 - - 100.0% 210,636 Equipment 250 163 - 87 65.3% -
TOTAL EXPENSES 3,912,057 3,723,059 - 188,998 95.2% 3,257,816 Revenue Less Expense 130,432 530,066 - (399,634) 940,528 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 Twelve Months Ended June 30, 2023 (100% 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 3,355,887 - (0) 100.0% 3,087,909 Work Orders - Bldg Maint. 3,608,512 3,531,684 - 76,828 97.9% 3,251,642 Miscellaneous 10,500 134 - 10,366 1.3% 3,055
Operating Transfers-In 150,000 141,930 - 8,070 94.6% 80,526 TOTAL REVENUES 7,124,899 7,029,635 - 95,264 98.7% 6,423,132

EXPENSES
Salaries & Benefits 4,474,735 4,358,800 - 115,935 97.4% 3,866,430 Materials, Supplies & Services 2,245,993 2,044,214 - 201,779 91.0% 1,902,222 Special Projects 352,955 346,057 10,100 (3,202) 100.9% 355,097 Capital Outlay Transfers 193,598 193,598 - 0 100.0% 477,198 Equipment 10,000 7,593 - 2,407 75.9% 5,719
TOTAL EXPENSES 7,277,281 6,950,262 10,100 316,919 95.6% 6,606,666 Revenue Less Expense (152,382) 79,373 (10,100) (221,656) (183,535)

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Twelve Months Ended June 30, 2023 (100% of Fiscal Year)

FACILITIES MANAGEMENT FUND

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

REVENUES
Vehicle Rental Charges 3,284,251 3,066,806 - 217,445 93.4% 3,171,963 Investment Income 204,248 363,272 - (159,024) 177.9% 179,604 Rents & Concessions 107,553 103,173 - 4,380 95.9% 119,602 Miscellaneous 68,000 721,061 - (653,061) 1060.4% 155,150 Operating Transfers-In 222,649 222,649 - - 100.0% 59,000 TOTAL REVENUES 3,886,701 4,476,962 - (590,261) 115.2% 3,685,318

EXPENSES
Salaries & Benefits 231,260 183,671 - 47,589 79.4% 172,508 Materials, Supplies & Services 21,038 19,264 - 1,774 91.6% 18,308 Debt Service 606,371 606,371 - (0) 100.0% 104,408
Capital Outlay Transfers - - - - 0.0% 1,054,838
Capitalized Fixed Assets 3,412,000 1,017,219 1,317,881 1,076,901 68.4% 2,052,055 TOTAL EXPENSES 4,270,670 1,826,525 1,317,881 1,126,264 73.6% 3,402,117 Revenue Less Expense (383,968) 2,650,437 (1,317,881) (1,716,525) 283,201

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Twelve Months Ended June 30, 2023 (100% 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 3,137,762 - 24,040 99.2% 2,913,716 Reimbursements 5,000 5,000 - (0) 100.0% 5,000
Miscellaneous 60,000 95,531 - (35,531) 159.2% 69,854
Operating Transfers-In - - - - 0.0% 31,196
TOTAL REVENUES 3,226,802 3,238,294 - (11,492) 100.4% 3,019,766

EXPENSES
Salaries & Benefits 1,598,636 1,578,229 - 20,406 98.7% 1,424,094 Materials, Supplies & Services 1,688,788 1,669,694 11,509 7,585 99.6% 1,465,043 Special Projects 54,965 46,181 20,500 (11,716) 121.3% 109,174 Capital Outlay Transfers 1,467 1,467 - - 100.0% 61,934
Equipment 7,884 4,577 - 3,307 58.1% 17,214
Capitalized Fixed Assets 30,275 - 30,275 - 100.0% 16,213 TOTAL EXPENSES 3,382,015 3,300,149 62,284 19,582 99.4% 3,093,671 Revenue Less Expense (155,213) (61,855) (62,284) (31,074) (73,905)

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Twelve Months Ended June 30, 2023 (100% 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 7,658,599 - 0 100.0% 5,056,794 Workers' Compensation Premiums 4,572,008 4,569,258 - 2,750 99.9% 4,164,100 OSH Charges 292,974 292,974 - - 100.0% 290,230
Unemployment Insurance Premium 427,559 410,265 - 17,294 96.0% 277,529 Investment Income 40,800 67,562 - (26,762) 165.6% 41,123 Miscellaneous - 115,206 - (115,206) 100.0% -
Operating Transfers-In 4,075,825 4,075,825 - - 100.0% 518,890 TOTAL REVENUES 17,067,765 17,189,689 - (121,924) 100.7% 10,348,667

EXPENSES
Salaries & Benefits 928,263 847,276 - 80,987 91.3% 776,573 Materials, Supplies & Services 14,320,796 13,901,621 762,272 (343,098) 102.4% 10,826,691 Capital Outlay Transfers 409 409 - 0 100.0% 818
Equipment - 479 - (479) 100.0% -
TOTAL EXPENSES 15,249,467 14,749,786 762,272 (262,591) 101.7% 11,604,082 Revenue Less Expense 1,818,298 2,439,903 (762,272) 140,667 (1,255,415) 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 Twelve Months Ended June 30, 2023 (100% of Fiscal Year)

SELF INSURANCE TRUST FUND

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

REVENUES
Service charges 5,261,982 5,164,511 - 97,471 98.1% 4,485,982 Operating Transfers-In - - - - 0.0% 76,240
TOTAL REVENUES 5,261,982 5,164,511 - 97,471 98.1% 4,562,222

EXPENSES
Salaries & Benefits 3,420,556 3,123,742 - 296,814 91.3% 2,588,446 Materials, Supplies & Services 1,910,360 1,806,661 24,297 79,401 95.8% 1,599,080 Special Projects 200 632 - (432) 316.0% 14,195
Capital Outlay Transfers 131,677 131,677 - (0) 100.0% 232,127 Equipment 12,640 17,722 - (5,082) 140.2% 11,969
TOTAL EXPENSES 5,475,433 5,080,435 24,297 370,701 93.2% 4,445,817 Revenue Less Expense (213,451) 84,076 (24,297) (273,230) 116,405 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 Twelve Months Ended June 30, 2023 (100% 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 2,311,428 - (311,428) 115.6% 2,257,613 Leases - Food Service 3,100,000 3,603,250 - (503,250) 116.2% 3,400,627 Slip Rental Fees 5,070,940 5,162,804 - (91,864) 101.8% 4,894,155 Visitors Fees 750,000 763,761 - (13,761) 101.8% 817,254 Slip Transfer Fees 1,100,000 1,129,675 - (29,675) 102.7% 1,380,950 Parking Revenue 3,254,325 3,641,418 - (387,093) 111.9% 3,377,751 Wharf Parking 220,000 296,913 - (76,913) 135.0% 292,108 Grants - 26,127 - (26,127) 100.0% 12,752
Other Fees & Charges 252,630 244,342 - 8,289 96.7% 246,707 Investment Income 112,700 258,379 - (145,679) 229.3% 116,260 Rents & Concessions 392,316 458,844 - (66,528) 117.0% 431,378 Miscellaneous 783,220 920,733 - (137,513) 117.6% 458,220 Operating Transfers-In - - - - 0.0% 128,603
TOTAL REVENUES 17,036,131 18,817,674 - (1,781,542) 110.5% 17,814,379

EXPENSES
Salaries & Benefits 8,297,772 7,868,299 - 429,472 94.8% 7,461,657 Materials, Supplies & Services 6,066,341 5,513,985 195,735 356,622 94.1% 4,848,929 Special Projects 296,875 207,014 28,875 60,986 79.5% 175,392 Debt Service 2,036,965 2,036,965 - (0) 100.0% 2,038,500 Capital Outlay Transfers 2,350,000 2,350,000 - 0 100.0% 436,852 Equipment 147,075 52,808 525 93,742 36.3% 51,843
Capitalized Fixed Assets 83,840 22,796 13,847 47,197 43.7% - Other 2,375 2,513 - (138) 105.8% 2,513
Appropriated Reserve 100,000 - - 100,000 0.0% -
TOTAL EXPENSES 19,381,242 18,054,379 238,981 1,087,881 94.4% 15,015,686 Revenue Less Expense (2,345,110) 763,294 (238,981) (2,869,424) 2,798,694

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Twelve Months Ended June 30, 2023 (100% 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 39,500,000 43,429,010 - (3,929,010) 109.9% 14,718,475 Investment Income - - - - 0.0% 73
Operating Transfers-In - - - - 0.0% 1,593,466
TOTAL REVENUES 39,500,000 43,429,010 - (3,929,010) 109.9% 16,312,014

EXPENSES
Salaries & Benefits 177,610 177,301 - 309 99.8% 163,292 Materials, Supplies & Services 37,380,601 35,481,789 582,063 1,316,750 96.5% 14,579,031 Special Projects 1,097,719 1,127,724 24,591 (54,596) 105.0% 786,612 Debt Service - 34,039 - (34,039) 100.0% 19,658
Other 311,368 687,384 - (376,016) 220.8% -
TOTAL EXPENSES 38,967,298 37,508,237 606,654 852,407 97.8% 15,548,593 Revenue Less Expense 532,702 5,920,774 (606,654) (4,781,418) 763,421

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Twelve Months Ended June 30, 2023 (100% of Fiscal Year)

SANTA BARBARA CLEAN ENERGY FUND

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

REVENUES
Service charges 2,577,568 2,554,631 - 22,938 99.1% 2,369,071 Grants 93,600 91,994 - 1,606 98.3% 169,601
Miscellaneous - 10,493 - (10,493) 100.0% 1
Operating Transfers-In - - - - 0.0% 11,565
TOTAL REVENUES 2,671,168 2,657,118 - 14,050 99.5% 2,550,238

EXPENSES
Salaries & Benefits 812,036 698,438 - 113,598 86.0% 483,931 Materials, Supplies & Services 2,024,878 1,710,605 136,416 177,857 91.2% 1,489,550 Special Projects 192,004 9,545 108,322 74,137 61.4% 11,402 Debt Service 24,140 24,140 - (0) 100.0% 24,140
Capital Outlay Transfers 435 435 - - 100.0% 100,870
Equipment 9,471 12,905 - (3,434) 136.3% 646
Capitalized Fixed Assets 78,600 78,600 - - 100.0% 91,000 TOTAL EXPENSES 3,141,564 2,534,668 244,738 362,158 88.5% 2,201,540 Revenue Less Expense (470,396) 122,450 (244,738) (348,108) 348,697 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 Twelve Months Ended June 30, 2023 (100% of Fiscal Year)

ENERGY AND CLIMATE MANAGEMENT FUND

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 1 General Fund Revenues
The General Fund is the City’s primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund. The Summary of Revenues, General Fund table below reports preliminary General Fund revenues for the month ending June 30, 2023, in Fiscal Year (FY) 2023. For interim financial statement purposes, revenues are reported on a cash basis (i.e., when funds are received). All revenues below have unique collection cycles, therefore may vary from other revenues and result in fluctuations when comparing historical actuals. This table highlights the annual revised budget and actual collections for general tax revenues, franchise fees, and other fees/charges. There are still several pending adjustments that will have an impact on the bottom line; however, the overall year-end result is materially correct and will only show minor changes moving forward. Q4 adjustments are also not represented in the tables below.

SUMMARY OF REVENUES
For the Twelve Months Ended June 30, 2023 Fiscal Year 2023

GENERAL FUND
Current Year Analysis
FY2023
Prior Year Analysis
FY2022
Revised
Budget YTD Actual
Percent
Rec'd
Prior Year
YTD Actual
Change
From
FY22
Property Tax $43,250,489 $46,006,164 106% $42,225,898 9% Sales & Use Tax 26,704,042 29,057,474 109% 28,503,731 2% Measure C Sales Tax 28,323,342 30,732,928 109% 30,824,430 (0%) Transient Occupancy Tax 23,583,553 26,213,987 111% 26,628,111 (2%) Utility Users Tax 7,779,112 7,967,487 102% 7,804,880 2% Business License 2,714,006 2,679,340 99% 2,653,092 1%
Cannabis Excise Tax 1,879,977 1,388,089 74% 1,672,274 (17%) Property Transfer tax 1,328,218 862,195 65% 1,352,652 (36%) Total Taxes $135,562,739 $144,907,663 107% $141,665,065 2% License & Permits 159,858 175,475 110% 215,977 (19%)
Fines & Forfeitures 3,018,920 1,588,657 53% 2,237,471 (29%) Franchise Fee 4,007,090 4,253,175 106% 4,176,090 2%
Use of Money & Property 1,928,576 2,874,637 149% 1,614,970 78% Intergovernmental 2,273,090 2,089,272 92% 15,356,751 (86%) Fee & Charges 15,521,484 15,559,703 100% 14,170,629 10% Miscellaneous 22,582,550 23,369,461 103% 22,225,478 5%
Total Other $49,491,569 $49,910,382 101% $59,997,365 (17%) Total Revenues $185,054,308 $194,818,045 105% $201,662,431 (3%) Summary of Revenues, General Fund
ATTACHMENT 2
Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 2 Property Tax
In 1978, a State constitutional amendment (Article XIIIA) provided that the ad valorem real property tax rate be limited to 1% of market value and be levied only by the county and shared with all other jurisdictions. The County of Santa Barbara collects the property taxes and distributes them to taxing jurisdictions because of the taxing jurisdictions’ assessed valuations, subject to adjustments for voter approved debt. Property taxes are formally due on November 1 and February 1 and become delinquent as of December 10 and April 10, respectively. Taxes become a lien on a property effective March 1 of the preceding year.

As of June 30, 2023, approximately $46.0 Million in property tax revenues were received. During the budget setting process, 2.5% growth was anticipated in FY 2023 when comparing the previous year’s actuals. Actual revenues for this year are now trending to be $2.8 Million above budget. To note, Proposition 13 impacts the amount of property tax collected as it limits how much taxable value of a property can increase every year. This property assessment occurs in January for the subsequent year at a restricted rate of 2% or Consumer Price Index (CPI), whichever is lessor.

Prior to FY 2022, this increase was 2% for several years. CPI in FY 2022 was 1.016% but returned to 2% in FY 2023.

Sales Taxes
Sales and use tax revenue, collected on a cash basis through June 30, 2023, is approximately $29.0 Million. Positive sales tax trends have been observed, likely due to a combination of increased consumer spending (particularly in online and auto sales) and higher than expected inflation. Sales tax, currently received, is 8.8% higher than forecasted for FY 2023.

Measure C Sales Tax
On November 7, 2017, a 1% general sales tax measure (Measure C) was approved, with significant community support for infrastructure needs, which will generate the necessary funds required to improve the citywide PCI rating. Measure C sales tax revenue received at the end of Fourth Quarter (Q4) is approximately $30.7 Million on a cash basis, which is 8.5% higher than expected for FY 2023. The additional Measure C revenue will be programmed to support capital projects in the FY 2025 budget cycle.

Transient Occupancy Tax
Transient Occupancy Tax (TOT) revenue at Q4 is approximately $26.2 Million. There is a higher demand for rooms now that travel has picked up, however, the main cause of the growth is related to increases in average daily rates, which are 30%-40% higher than FY 2019 (pre-pandemic rates). TOT revenues are 11.2% higher than FY 2023 revised budget.

Department and Other Revenues
Cannabis tax revenues have seen a decline (26.2%) primarily attributable to one Cannabis business, due to consolidation of operations and reduced sales in FY 2023 compared to FY 2022.

Various General Fund departments throughout the City generate revenue. These revenue sources combined generated $32.3 Million in FY 2023. Revenues from departments are comprised of various categories in the Summary of Revenues, General Fund table above, but for transparency purposes these variances are broken out by department in the Summary of Departmental Revenues, General Fund table below.

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 3 SUMMARY OF DEPARTMENTAL REVENUES

GENERAL FUND
For the Twelve Months Ended June 30, 2023 Fiscal Year 2023 Department Revised Budget YTD Actual
Mayor & Council $120,000 $76,086 63.4%
City Attorney 311,302 270,000 86.7%
City Administrator 227,548 132,926 58.4%
Human Resources 35,000 7,987 22.8%
Finance 535,631 250,349 46.7%
General Government $1,229,481 $737,348 60.0%
Police 4,096,976 2,843,396 69.4%
Fire 4,531,442 4,773,768 105.3%
Public Safety $8,628,418 $7,617,164 88.3%
Parks & Recreation 7,721,467 6,995,746 90.6%
Library 1,006,298 964,397 95.8%
Community Services $8,727,765 $7,960,144 91.2%
Public Works 7,764,604 7,934,913 102.2%
Sustainability & Resiliency 100,000 39,518 100.0%
Community Development 7,662,134 8,046,538 105.0%
Total $34,112,402 $32,335,624 94.8%
% of Annual Budget 94.8%
Summary of Departmental Revenues, General Fund
General Fund Expenditures
The Summary of Departmental Expenditures, General Fund table below summarizes General Fund expenditures through June 30, 2023, compared to Revised Budget. The Revised Budget column represents the adopted budget, appropriation carryovers from the prior year, and all supplemental appropriations approved by the City Council in the current year. Encumbrances as of June 30, 2023, are shown separately from expense actuals as the inclusion of encumbrances within actuals can distort trends. The City uses encumbrances to control expenditure commitments for the year and to enhance cash management. Encumbrances represent commitments related to contracts not yet performed and purchase orders not yet filled (executory contracts and open purchase orders). Commitments for such expenditure of monies are encumbered to reserve a portion of applicable appropriations. Encumbrances still open at yearend are not accounted for as expenditures and liabilities but rather, as restricted or committed governmental fund balance.

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 4 The FY 2023 adopted budget included several targeted reduction plans to assist with lowering City expenditures. A balancing strategy of roughly $1.0 Million was allocated across General Fund departments, including general reductions and salary-saving measures. Most departments have met or exceeded their goal.

SUMMARY OF DEPARTMENTAL EXPENDITURES

GENERAL FUND
For the Twelve Months Ended June 30, 2023 Fiscal Year 2023 Department
Revised
Budget YTD Actual
Projected
Full Year
YTD Variance
Without
Encumbrance
Encumbrance
Remaining
Budget After
Encumbrances
Mayor & Council $3,369,956 $3,273,811 97% $3,273,811 $96,145 $45,911 $50,234 City Attorney 5,670,041 4,412,778 78% $4,412,778 1,257,263 27,252 1,230,010 City Administrator 4,138,516 3,609,614 87% $3,609,614 528,901 98,028 430,873 Human Resources 3,047,913 2,574,197 84% $2,574,197 473,716 397,006 76,712 Finance 7,272,532 7,083,122 97% $7,083,122 189,409 59,215 130,195 General Government $23,498,959 $20,953,523 89% $20,953,523 $2,545,435 $627,412 $1,918,024 Police 52,574,493 48,042,058 91% $48,042,058 4,532,436 1,158,489 3,373,948 Fire 34,917,542 34,605,481 99% $34,605,481 312,061 225,027 87,034 Public Safety $87,492,035 $82,647,540 94% $82,647,539 $4,844,496 $1,383,515 $3,460,981 Parks & Recreation 21,865,760 19,723,204 90% $19,723,204 2,142,556 314,631 1,827,925 Library 7,670,640 7,202,919 94% $7,202,919 467,721 776 466,944 Community Services $29,536,399 $26,926,123 91% $26,926,123 $2,610,277 $315,407 $2,294,868 Public Works 11,415,564 9,959,206 87% $9,959,206 1,456,358 105,470 1,350,887 Sustainability &
Resiliency 75,245 17,014 23% $17,014 58,231 48,635 9,596 Community
Development 16,159,256 15,079,563 93% $15,079,563 1,079,693 277,548 802,145 Non-Departmental 33,303,533 35,436,169 106% $37,845,755 (2,132,636) 0 (2,132,636) Total $201,480,990 $191,019,138 95% 193,428,723 $10,461,853 $2,757,988 $7,703,864 % of Annual
Budget 94.8% 5.2% 1.4% 3.8%
Summary of Departmental Expenditures, General Fund
Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 5 SUMMARY OF EXPENDITURES BY TYPE

GENERAL FUND
For the Twelve Months Ended June 30, 2023 Fiscal Year 2023 Character Type
Revised
Budget
YTD
Actual
Projected
Full Year
Salaries $77,705,877 $75,432,824 97% $75,432,824
Benefiits 48,389,219 46,075,525 95% $46,075,525
Attrition Savings (4,420,842) $- 0% $-
Salaries & Benefits $121,674,254 $121,508,349 100%
$121,508,34
9 Supplies & Services 15,946,090 11,335,102 71% $11,335,102 Allocated Costs 15,495,102 15,277,640 99% $15,277,640
Special Projects 6,125,659 4,164,132 68% $4,164,132
Other 145,599 143,061 98% $143,061
Supplies & Other $37,712,450 $30,919,935 82% $30,919,935 Equipment 3,124,315 1,900,971 61% $1,900,971
Transfers 38,911,466 36,680,286 94% $39,089,872
Debt Service 58,505 9,596 16% $9,596
Equipment & Capital $42,094,286 $38,590,853 92% $41,000,438 Total $201,480,990 $191,019,137 95%
$193,428,72
3 % of Annual Budget 94.8%
Summary of Departmental Expenditures by Character Code, General Fund Expenditure Analysis by General Fund
The General Fund revised budget of $201.5 Million, which includes $7.9 Million in carried forward appropriations and encumbrances and any FY 2023 council approved amendments, is 95% exhausted ($191.0 Million) as of June 30, 2023. The Summary of Departmental Expenditures, General Fund table above shows performance at department level. 43% of the total budget, including Non-Departmental Expenditures, is appropriated to provide public safety services through the Police and Fire Departments. Community Services comprises 14.7% of the total budget, which includes the City’s Parks and Recreation and Library Departments. General Government makes up

11.7% of appropriations which includes Finance, City Administration, Mayor & Council, City Attorney, Human Resources, and City Clerk departments.

General Government actual spending of approximately $20.9 Million, represents 89% of its associated annual budget. It is a combination of variances; City Attorney actual is 78% of its budget. The predominant variance is related to the $1.1 Million approved Short-Term Rental Enforcement Pilot program that will not take effect until FY 2024; therefore, this appropriation will Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 6 be carried forward.

Public Safety actual spending is approximately $82.6 Million or 94% of the associated annual budget. Lower expense trends are mainly related to staffing shortages through FY 2023.

The Police Department (PD) expended $48.0 Million (91%) of its budget in the fourth quarter.

Overall salaries, which includes overtime, came in at 4.7% under budget ($1.2 Million). Overtime expenditure was 135% of its budget due to ongoing staffing challenges and workloads. Staff continue to manage scheduling and staffing needs to ensure appropriate law enforcement coverage for the City. The Department remains challenged by staffing shortage and long-term Injuries on Duty (IOD). The department currently has 28 sworn positions and 20 professional service positions vacant. Due to these challenges, some programs have been suspended and some staff reassigned to Patrol. Recruitment continues and there are five people in the April 2023 academy who will graduate in October 2023, which will provide additional support. In addition to the $1.2 Million in salary savings at yearend the department used $1.3 Million in salary and benefit savings to purchase new body worn cameras and tasers. The Department will continue to evaluate the staffing needs and make appropriate changes.

Revenue is 69.4% of its budget. This shortfall is mainly due to parking revenue decline related to the limited volume of citations issued because of staffing shortages. The target for parking citation revenue in FY 2023 was adjusted down to $2,128,618, anticipating that the pandemic parking enforcement suspensions would continue to have some impact on future revenue as well as the ongoing staffing challenges. The actual staffing shortage was greater than anticipated. A yearend budget adjustment funded by salary savings is being requested to replenish a negative fund balance within the Public Works Department’s Street Sweeping fund due to additional residential street sweeping expenditures incurred.

The Fire Department (FD) spent $34.6 Million, using 99% of its budget. Combination of staffing shortages, increased overtime, and the carryforward of Vegetation Management for $265K in FY 2024 brings expenditures in line with budget.

Revenue projections were reduced at mid-year and Q3 to reflect a slower than anticipated Mutual Aid season. However, revenue exceeded forecast attributed mainly to higher than anticipated airport reimbursement related to Aircraft Rescue and Fire Fighting (ARFF) services.

Community Services has actual expenditures of $26.9 Million, or 92% of associated budget for FY 2023.

The Library Department spent $7.2 Million, or 94% of its annual budget for FY 2023. Savings in the General Fund at yearend are due to unexpected vacancies and grant funding coverage of salaries. Revenue shortfall is largely due to the continued impact of Central Library construction projects taking longer than expected.

Parks and Recreation (P&R) Department had Q4 expenditures of $19.7 Million (90% of its annual budget). Due to several permanent positions held vacant in Q1 and the mandated hiring freeze implemented in Q4, P&R achieved FY 2023 required budget reduction targets (1% of expenditure budget). Additionally, a large portion of savings is due to the reduction in noncontractual services and supplies related to the Trapeze Camp and other programs. An important thing to note is that most Recreation programs are contracted out and expenditures are offset by the revenue they generate. The Department continues to provide essential services, such as park Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 7 maintenance to ensure that the community has access to safe and clean open spaces, food distribution and senior meal programs, recreation programming, camps, and affordable activities for youth and adults. Aside from core functions, the P&R Department continues to advance key capital infrastructure planning, design, and construction to ensure safe and accessible conditions.

The Public Works Department (PWD) had expenditures of $9.96 Million, or 87% of its annual budget for FY 2023. Salary and benefit savings for administrative support throughout the department contributed to the savings. These positions have now been filled. Environmental programs were 69% of budget primarily due to underground tank abatement and remediation.

The savings for the remediation projects will be carried forward to FY 2024 for upcoming remediation projects that were pushed due to prior budget constraints.

The Sustainability & Resilience (S&R) Department had expenditures of $17K related to the CalRecycle program that is solely grant funded. Approximately $57K of this grant will be encumbered and fully spent by the end of FY 2024. The CalRecycle program’s mission is to protect California’s environment and climate for the health and prosperity of future generations through the reduction, reuse and recycling of California resources, environmental education, disaster recovery, and the transition from a disposable to a fully circular economy.

The Community Development Department (CDD) had expenditures of $15.1 Million or 93% of its annual budget. There was high demand this year for development services/permits which drove the revenue budget exceedance. As for expenditure shortfall, the main driver of savings was related to recruiting challenges that resulted in sustained rates of high vacancies.

Non-Departmental expenditure includes transfers from the General Fund to other funds. Most transfers occurring are to the Measure C fund which supports various capital maintenance and improvement projects. Anticipated year-end attrition savings are also recorded here, which helps balance variances achieved. Prior quarter, a transfer of $4.0 Million from the General Fund into the Self-Insurance fund (SIF) was adopted to address the growing underfunded reserves in the SIF. The actuarial recommended reserve level in the SIF grew from $18.3 Million in FY 2022 to $24.4 Million in FY 2023 – a $6.1 Million increase. The allocations into the SIF in FY 2023 and planned for FY 2024 and beyond are not adequate to bring reserves up to the actuarial recommended level; therefore, staff will consider transferring additional General Fund resources, as available, into the SIF which is in line with Council’s prior direction to allocate additional resources to address the underfunded position, in future budget cycles.

General Fund Reserves Projection
The General Fund, Fund Balance table below summarizes reserve projections for FY 2023, compared to actual reserves from prior years. General Fund has two reserve targets, Disaster Reserves and Contingency Reserves.

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 8 General Fund,
Fund Balance
FY2019
Actual
FY2020
Actual
FY2021
Actual
FY2022
Actual
FY2023
Projected at
Q4
FY23 v FY22
Projected
Change in
Reserve
Contingency
Reserve Target
10%
$13,910,966 $13,799,412 $14,255,661 $15,650,447 $16,862,261 $1,211,814 Disaster Reserve
Target 15% 20,866,449 20,699,118 21,383,491 23,475,670 25,293,392 1,817,722 Total Policy
Reserve Target $34,777,415 $34,498,530 $35,639,152 $39,126,117 $42,155,653 $3,029,536 (Below) / Above
Policy (1,513,888) (8,526,275) (1,419,589) 464,613 (3,841,688) (4,306,301) Actual Reserves $33,263,527 $25,972,255 $34,219,563 $39,590,730 $38,313,965 ($1,276,765) Self-Insurance
Fund UnderReserve*(2,109,073) (4,580,532) (4,758,252) (5,889,878) ($5,793,359) 96,519 Remaining
Contingency
Reserve
$10,288,005 $692,605 $8,077,820 $10,225,182 $7,227,214 ($2,997,968) *SIF Note: The SIF under-reserve assumes that 48% of the $10.9 Million lower reserve position is the responsibility of the General Fund.

General Fund Reserves, Balance Summary
The Disaster Reserve is restricted to use in addressing the financial impacts of natural disasters, such as storms, floods, wildfires, droughts, tsunamis, earthquakes, and any other event that results in significant damage to City facilities and infrastructure or a significant reduction of normal operating revenues. The amount of the required Disaster Reserve is calculated based on 15% of the most recently adopted fiscal year operating expenditure budget.

The purpose of the Contingency Reserve is to allow for the orderly implementation of a balancing strategy to address the fiscal impacts of unexpected events to minimize the impacts to the organization and community. The most common of these events would be an economic recession that results in a significant impact on key revenues such as sales, transient occupancy, or property taxes. The Contingency Reserve is calculated based on 10% of the most recently adopted fiscal year operating expenditure budget. This table summarizes General Fund reserve targets of 15% Disaster and 10% Contingency as required by City Council Resolution No. 22-126, which amended Resolution No. 12-066 and rescinded Resolution No. 18-056. Any use of the Disaster or Contingency reserves requires a majority vote of approval by the City Council. Staff will continue to address anticipated changes to reserves based on projections in future quarterly reports to City Council.

The FY 2023 adopted budget required strategic use of a small amount of reserves to balance the budget. Reserves were largely replenished in FY 2022; however, they are projected to decline slightly in FY 2023. The SIF is still underfunded based on the actuarial recommended level, which continues to present a burden on the General Fund.

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 9 The graph below summarizes the General Fund Reserves since FY 2005, including a projection of ending reserves at the end of FY 2023. The FY 2023 adopted budget appropriated use of $1.0 Million of reserves to balance the budget. FY 2023 also includes the use of carryforward appropriation from FY 2022, which is included in the revised budget. Per the City Council revised reserve policy, a proportional share of surpluses in City funds would be allocated to address the ongoing pension costs and liabilities, and the remaining reserves would stay in General Fund reserves to address future budget challenges.

General Fund Reserves, Summary
(FY 2023 are projections, whereas other years are actuals) Enterprise Operating Fund Revenues and Expenses
Unlike the General Fund, that relies primarily on taxes to fund programs and services, Enterprise Funds, also known as Proprietary Funds, are financed primarily from user fees and other non-tax revenues. The Summary of Revenues & Expenses, Enterprise Funds table below reports Enterprise Fund revenues and expenses through June 30, 2023, associated Annual Budget, projected end-of-year actuals and prior year actuals for this same twelve-month period.

Encumbrances as of June 30, 2023, are shown separately from expense actuals as the inclusion of encumbrances within actuals can distort trends. Proprietary funds of the City include the Water Fund, Wastewater Fund, Airport Fund, Waterfront Fund, Solid Waste Fund, Downtown Parking Fund, Clean Energy Fund, and Golf Fund.

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 10 SUMMARY OF REVENUES & EXPENSES
For the Twelve Months Ended June 30, 2023 Fiscal Year 2023

ENTERPRISE FUNDS
Current Year Analysis FY2023
Revised
Budget
YTD
Actual
YTD
Percent Encumbered
Prior Year
YTD Actual
FY2022
%Variance
Solid Waste Fund
Revenues $34,272,920 $34,216,276 99.8% $0 $33,930,892 0.8% Expenses 34,958,987 32,940,903 94.2% 135,124 29,816,546 10.5% Add / (Use)
Reserves ($686,067) $1,275,372 ($135,124) $4,114,347
Water Fund
Revenues 70,492,814 66,894,697 94.9% 0 78,582,151 -14.9% Expenses 73,981,719 65,752,353 88.9% 2,065,594 66,416,925 -1.0% Add / (Use)
Reserves ($3,488,905) $1,142,344 ($2,065,594) $12,165,226 Wastewater Fund
Revenues 27,441,554 26,955,781 98.2% 0 25,910,883 4.0%
Expenses 28,741,397 27,024,457 94.0% 1,064,527 25,201,267 7.2% Add / (Use)
Reserves ($1,299,843) ($68,677) ($1,064,527) $709,616
Downtown Parking
Fund
Revenues 10,621,353 10,313,259 97.1% 0 6,992,483 47.5%
Expenses 10,812,012 10,464,739 96.8% 173,655 8,048,166 30.0% Add / (Use)
Reserves ($190,659) ($151,480) ($173,655) ($1,055,683)
Clean Energy Fund
Revenues 39,500,000 43,429,010 109.9% 0 16,312,014 100.0% Expenses 38,967,298 37,508,237 96.3% 606,654 15,548,593 141.2% Add / (Use)
Reserves $532,702 $5,920,774 ($606,654) $763,421
Airport Fund
Revenues 27,238,151 27,372,269 100.5% 0 30,280,673 -9.6% Expenses 32,767,740 29,649,278 90.5% 740,345 27,226,349 8.9% Add / (Use)
Reserves ($5,529,589) ($2,277,009) ($740,345) $3,054,324 Golf Fund
Revenues 4,042,489 4,253,125 105.2% 4,198,344 1.3%
Expenses 3,912,057 3,723,059 95.2% 3,257,816 14.3%
Add / (Use)
Reserves $130,432 $530,066 $0 $940,528
Waterfront Fund
Revenues 17,036,131 18,817,674 110.5% 0 17,814,379 5.6% Expenses 19,381,242 18,054,379 93.2% 238,981 15,015,686 20.2% Add / (Use)
Reserves ($2,345,109) $763,294 ($238,981) $2,798,694
Summary of Revenues & Expenses, Enterprise Funds
Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 11 Solid Waste Fund
The Solid Waste Fund accounts for trash and recycling services and related programs. Solid Waste Revenues are $34.2 Million for FY 2023, which aligns with budget. A large majority of this revenue ($33.7 Million) comprises of trash & recycling service charged to customers. The main costs of the fund are for hauling service (provided by the City’s franchise hauler MarBorg Industries), for processing and disposal services through the ReSource Center at the Tajiguas Landfill (administered by the County of Santa Barbara), and other trash and recycling programs managed by City staff. Actual expenditures are $32.9 Million (94.2% of budget) and is below budget largely due to slightly lower MarBorg compensation, salaries/benefits savings due to vacancies, and some savings related to professional services.

Water Fund
The Water Fund accounts for the provision of water services to the residents of the City and some residents of the County. At the end of FY 2023, Water Fund revenues have totaled $66.8 Million, or 94.9% of its adopted budget, which includes anticipated seasonal variance in revenues related to higher water demand in summer months. Due to recent storm events, there was a slight shift in water use for FY 2023, resulting in a decrease in revenue of 7.7% when compared to budget.

Expenditures ended Q4 at $65.7 Million or 91.7% of its annual budget (including encumbrances).

Largely due to vacancies and Special Projects (water purchases/delivery), expenditures are under budget by $6.1 Million. Given the plentiful rainfall this year there was no need to purchase additional water this year.

Wastewater Fund
The Wastewater Fund accounts for the provision of sewer services to the residents of the City and some residents of the County. FY 2023 revenues are on target at $26.9 Million (98.2% of its annual budget). Only a portion of Wastewater rates depend on water usage, which explains why there is less variability in Wastewater rate revenue when compared to Water rate revenue. Various other revenue sources such as interest income, sewer tap fees, pre-treatment analysis, and Fats-OilsGrease (FOG) disposal fees experienced small variances that contributed to the overall balance of revenues.

Expenditures are below budget at $27.0 Million (94% of budget). Encumbrance for $1.0 Million brings total expenditures to 97.7% of its annual budget. Special Projects ended the year at $767K or $148K (16%) below budget due to a shift of CCTV costs to the capital program. To receive the best pricing for the CCTV project, it was determined to encumber the entire three-year contract in FY 2023. The special projects fund was developed to address only one year of the CCTV; therefore, the entire CCTV contract was encumbered in the CIP SSO fund and not the special project fund.

Downtown Parking Fund
Downtown Parking Fund accounts for the provision of parking services in the downtown area of the City. All activities necessary to provide such services are accounted for in this fund including, but not limited to, administration, operations, maintenance, billing and collection of fees, capital acquisition, construction, and financing and related debt service. At Q4, actual revenues for Downtown Parking are approximately $10.3 Million or 97.1% of its annual budget. When most of the revenues exceeded budget expectations, service charges were down slightly, mainly due to difficulty staffing hourly lots for self-service in the mornings and decreased demand. Other revenue factors include the Parking and Business Improvement Area (PBIA) assessment exceeding projected budget by nearly $134.4K, due to stronger business activity Downtown.

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 12 Overall expenditures for Q4 are $10.4 Million, or 96.8% of its annual budget. Shortfall is related to salary and benefit savings of $206K with an offset of $80K from supplies and services.

Clean Energy Fund
The Clean Energy Fund accounts for the cost to procure clean and renewable electric energy on behalf of the Santa Barbara Community. The Santa Barbara Clean Energy Fund began operation in October 2021 and started receiving revenue in Q2 FY 2022. Through yearend, revenues are $43.4 Million or 9.9% over budget. The energy rates that SBCE charges customers are tied to the rates that Southern California Edison (SCE) charges customers (a slight 1.6 cent per kilowatthour premium above the SCE rate). SCE’s rates can change throughout the year, and in February 2023, SCE instituted a substantial rate increase and instituted a second rate increase that went into effect in June 2023. These increases resulted in SBCE’s revenues to be $4.0 Million above budget.

Expenditure for the SBCE Fund through Q4 are approximately $37.5 Million or 96.3% of the budget. There has been significant volatility in the cost of energy in the open market, which led to large one-time increases in September and December. The combined effect of the increases in revenue and expenditure means that SBCE achieved a significant $5.9 Million positive variance at yearend which will not only boost reserves but will fund customer programs for FY 2024.

Airport Fund
The Airport Fund accounts for the operation of the municipal airport and the administration of leases of airport property. The Airport Department continues to see a strong level of commercial airline passenger activity since the beginning of summer 2022. For this fourth quarter (April to June 2023) commercial airline passenger activity reached 100,000 passengers during the month of April, putting us closely on track towards the unprecedented achievement in October 2022, when we reached over 120,000 passengers in one month for the first time in Santa Barbara Airport history. Total Airport revenues of $27.3 Million encompass 100.1% of the annual budget.

Revenues exceeding budget are Parking, Ground transportation, rental cars, and Concessions which largely offset Commercial/Industrial lease shortfall of 93.03% of its FY 2023 budget.

Total Airport expenses of $29.6 Million and $740K in encumbrances encompass 92.7% of its annual budget. Salaries and benefits ended at 98.3% of its forecast. The airport is actively recruiting to fill vacancies to ensure operational needs are met. The Airport is seeking additional appropriations to support the Parking Program, which has grown into a significant revenue source.

As a strong domestic leisure market, the Santa Barbara Airport is continuing to see sustained recovery in commercial airline activities despite higher than usual weather cancelations, airline staffing shortages, and airline technological issues. The Airport continues to right size operations to meet what is likely sustained growth in customer demand.

Golf Fund
The Golf Course Fund accounts for the operation of the municipal golf course. All activities necessary to provide such services are accounted for in this fund including, but not limited to, administration, operations, maintenance, capital acquisition and construction, financing and related debt service, and billing and collection of fees. At Q4, actual golf revenues are $4.3 Million or 5.2% over its annual budget. Paid rounds and concession performance exceeded budget. After the rainy weather experienced in Q3, golfers returned to the course in full force and the golf course experienced high use of the facility throughout Q4. At yearend, the golf course achieved 65,647 paid rounds of golf which is 5% (3,032 rounds) ahead of budget. As a result of the strong revenues earned, the course operator received an incentive fee for a third consecutive year as projected.

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 13 In addition, Mulligans, the golf course restaurant concessionaire performed well; $232K or 43% above FY 2023 budget.

Expenditure at Q4 ended at $3.7 Million (95.2% of annual budget), which is consistent with projected levels. All expenditures aligned with FY 2023 forecast aside from materials, supplies, and services which provided budget savings.

Waterfront Fund
The Waterfront Fund accounts for the operation of the City managed waterfront that includes a public wharf, a small craft harbor, and parking facilities. Actual revenues for FY 2023 are $18.8 Million or 10.5% over its annual budget. Commercial and Food Service leases were over FY 2023 projections by 15.6 % and 16.2% respectively or a total of $811K. Budgeted revenues were very conservative due to significant COVID related economic uncertainty and poor weather.

Actual expenditures for Q4 are $18.0 Million (93.2% of annual budget) and encumbrances are $238,981 collectively representing 94.4% of the Waterfront’s total annual budget. Salaries and Benefits finished slightly below budget for FY 2023. The savings are the result of numerous positions being held vacant. Supplies and services ended the year 9.7% below budget due to careful planning and cutting costs.

The January 2023 storms and swell events resulted in an Emergency Declaration at the Federal, State, and Local levels. It is the intent of the Waterfront and all other impacted departments to go after all available reimbursement funding options.

Enterprise Operating Funds: Year-End Projected Reserves The Enterprise Operating Funds, Reserves table below summarizes the anticipated impact on reserves in each major enterprise fund at the end of FY 2023 compared to policy reserve targets.

Enterprise
Operating Funds
FY2022 Policy
Reserves
FY2022
Available
Reserves
FY2023
Projected Add
(Use) of
Reserves
FY2023
Projected
Available
Reserves
Solid Waste 5,174,504 2,441,640 1,275,373 3,717,013
Water 32,648,426 15,106,164 1,142,344 16,248,508
Wastewater 11,112,046 658,121 (68,676) 589,445
Downtown Parking 2,784,756 58,443 (151,480) (93,037)
Clean Energy 8,306,226 (9,694,992) 5,920,774 (3,774,219) Airport 7,632,879 5,403,913 (2,277,009) 3,126,904
Golf 969,828 1,546,063 530,066 2,076,129
Waterfront 3,932,918 4,207,206 763,294 4,970,500
Enterprise Operating Funds, Reserves
For FY 2023, all enterprises aside from Clean Energy and Downtown Parking, are anticipated to have a funded position. It was mentioned Q2 that the Clean Energy fund would propose a reserve policy, this occurred and was adopted December 8, 2022, by Resolution No. 22-126. This policy Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 14 noted that the Solid Waste and Clean Energy Enterprise Operating Funds shall utilize the contingency reserve to buffer a significant loss in revenue or the impacts of significant rate increases, and the use of these reserves should be considered one-time revenue as future rates will need to be adjusted to address any ongoing expense increases.

Interdepartmental Services Operating Fund Revenues and Expenses The City has established internal service funds for centralized services that provide support across most or all funds and departments. These functions primarily include Fleet, Facilities, Risk Management, Creeks, and Information Technology. The interim quarterly reports would typically not discuss in detail major changes in the City’s internal services departments and funds, as major changes typically do not occur during the year. For additional information, please see attachment 1, Interim Statement of Revenues and Expenditures for additional details.

Self-Insurance Fund (SIF)
The City purchases insurance policies to cap its exposure to loss for specific hazards. The SIF accumulates revenues through an annual allocation from departments as an expenditure to each department. The SIF then funds the program’s annual renewals for insurance coverage for claims that may arise and to cover salaries/benefits of staff administering the program.

The SIF has had and is projected to have challenges in receiving adequate annual allocations to the fund from operating departments and not having adequate reserves in the fund to pay future claims. The cost to the City to retain existing property, excess general liability, and other insurance programs has increased substantially over the years. Liability coverage has become more expensive across the nation due to various substantial claims; notable claims related to law enforcement and droughts and wildfires in the Western United States and California included.

The adopted budget included additional allocations into the SIF to begin to increase reserves to achieve the actuarial recommended level over the next nine years. Expenditures of $14.7 Million represent 101.7% of total budgeted expenditures through Q4. The most current actuarial report recommended a SIF balance of $24.1 Million by the end of FY 2023, a $5.8 Million increase from the prior fiscal year.

On November 16, 2021, staff presented an overview to the Finance Committee of major changes anticipated in the insurance industry, budget considerations for FY 2022 and FY 2023, and substantial increases to operating department allocations into the SIF to ensure ongoing premium and claim payments costs can be met, and adequate reserves are achieved. The Finance Committee unanimously supported implementing a plan to gradually increase allocations into the SIF over the next nine fiscal years to achieve target reserves at or near the actuarial recommended level. Staff built these allocation increases into the FY 2023 budget.

Staff proposed a $4.0 Million transfer from the General Fund into the SIF by the end of FY 2023.

This action was adopted during Q2 and will help stabilize the SIF reserves further to fund the City’s insurance programs and reduce future funding challenges.

The graph below, Self-Insurance Fund, Actuarial Recommendation, shows the actuarial recommended reserve, the actual/projected cash in the SIF over the past 12 years, and the gradual/substantial reduced reserve levels in recent years.

Fiscal Year 2023 Interim Financial Statements
for the Twelve Months Ended June 30, 2023 (100% of Year Elapsed) 15 Self-Insurance Fund, Actuarial Recommendation
$0
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
$30,000,000
$35,000,000
$40,000,000
Self-Insurance Fund
Actuarial Recommended Reserve vs. Actual/Projected Cash Total Actuarial Recommended Reserve Cash Held in SIF
ATTACHMENT 3
Increase
Increase (Decrease) in Addition to
(Decrease) in Estimated (Use of)
Appropriations Revenues Reserves
GENERAL FUND (Fund 1000)
Increase appropriations to reimburse for pandemic pay $ (680) 680 $ $ 34,008 34,008 $
$ 11,705 11,705 $
$ (1,903) 1,903 $
$ (43,810) 43,810 $
$ - (230,837) $ 230,837 $
$ - 230,837 $ (230,837) $
$ - (66,600) $ 66,600 $
$ - 66,600 $ (66,600) $
Increase appropriation for the surplus Public Works Technology Fee revenues received in Fiscal Year 2023 that exceeded related costs (the technology fee revenue less the Public Works Accela project backfill and operational costs) At year end this fee revenue was sufficient to cover the operational costs related to the technology fee so the surplus is transferred to the Capital Outlay Fund to fund the eventual replacement of the Accela system. $ (95,039) 95,039 $
$ 3,969 3,969 $ - $
$ 955 955 $ - $
$ 11,250 11,250 $ - $
$ - (163,601) $ 163,601 $
$ - (36,399) $ 36,399 $
$ - 200,000 $ (200,000) $
Increase estimated revenue for the new Ice N Paradise camp, introduced in Q4 FY24. $3,249.71 is percentage of revenue retained by City for program. $ 12,877 - $ 12,877 $
Increase appropriations for the new Ice N Paradise camp, introduced in Q4 FY24. Adjustment will balance to actual expenditure incurred. $ - 9,627 $ (9,627) $
Total General Fund (1000) $ 74,764 167,233 $ (92,469) $

SPECIAL REVENUE FUNDS
Police Asset Fund (2310)
$ - (1,449) $ 1,449 $
$ - 1,449 $ (1,449) $
Total Police Asset (2310) $ - - $ - $
Street Sweeping Fund (2405)
Increase estimated revenue to fund the year-end shortfall in the Residential Street Sweeping Program and the negative Reserve balance in the Street Sweeping Fund. $ 230,837 - $ 230,837 $ Total Street Sweeping Fund (2405) $ 230,837 - $ 230,837 $ City of Santa Barbara
Fiscal Year 2023 Financial Statements for the Twelve Months Ended Jun 30, 2023 Schedule of Proposed Fourth Quarter Budget Adjustments
Technology Fees received in excess of technology related costs for the year are transferred to the Capital Fund to support future technology needs and upgrades. The FY23 Technology Fees Capital Fund transfer exceeds the budgeted amount.

This entry increases the expenditure appropriations for transfer out, increases expenditure appropriations for unbudgeted purchase of additional Accela licenses, increases estimated revenue for transfer in to Fund 3000, and balances the entry in the General Fund by increasing estimated revenues for Technology Fees to offset the increase in appropriations for the transfer out and unbudgeted Accela expenditures.

Decrease Salary appropriation to increase appropriation to transfer out to cover negative reserve balance in the Residential Street Sweeping Fund by increasing estimated revenue.

Decrease appropriations for Reserve for Drug/Gang Asset Forfeiture and Increase appropriations to balance SIF/Buy Money account.

Increase estimated revenue to transfer in the anonymous donation received in the Misc Grants fund and increase appropriations to spend in special supplies for the Central Library, Eastside Library, and Library on the Go Program respectively.

Decrease appropriations in Permanent Salaries and Hourly Salaries due to salary savings in FY2023 and increase appropriation in Digital Collections in FY2024.

Decrease appropriation in Motor Vehicle Expenses in General Fund and increase appropriation in Vehicle Replacement by $66,000 to reclass vehicle and equipment purchase (already budgeted in 10003425 for additional department expenses)