Santa Barbara City Council
April 15, 2025

Edison’s Charge Ready Transport (SCE-CRT) program, which will fund much of the electrical infrastructure needed for the larger project.

The City has been awarded $116,000 through the SBAPCD 2024 Carl Moyer Clean Air Grants Infrastructure Program and $146,330 from the US Department of Energy’s Energy Efficiency Conservation Block Grant Program for the purchase of a mobile EV fast charger.

A mobile EV fast charger can be deployed throughout the City and during emergency events. Staff are in the process of determining the exact model of mobile charger to be procured.

Lastly, in coordination with various governments and organizations in the tri-county area, and with UCSB as the prime grant recipient, the City has been awarded $1,117,468 as a subrecipient of the California Energy Commission’s Reliable, Equitable, and Accessible Charging for Multi-family Housing 2.0 (REACH 2.0) grant. This grant will pay up to 100% of eligible costs to install 130 EV chargers across nine Santa Barbara City Housing Authority properties and five Santa Barbara Unified School District parking lots. The school district chargers will be utilized by district staff during the day and available for multi-family residents from nearby designated low-income census tracts to use during evenings and weekends.

The table below provides a summary of the proposed EV projects:

BUDGET/FINANCIAL INFORMATION:

Staff’s recommended action to accept these grants and increase related appropriations will provide $2,185,798 towards the cost of various EV Charger installations across the City. There is no requirement to provide matching funds as a condition of accepting these grants.

SUSTAINABILITY IMPACT:

The transportation sector accounts for the majority of City greenhouse gas emissions and thus is a major focus of the City Council approved 2024 Climate Action Plan. The EV chargers will help the City move towards its carbon neutrality goal by 2035 by facilitating EV adoption. These grants directly achieve the following measures from the City’s 2024 Adopted Climate Action Plan:

Council Agenda Report
Acceptance of Electric Vehicle Charging Infrastructure Grants [Resolution; Agreement] April 15, 2025

 T-6.3: Add new publicly accessible EV charging stations through the City and Cityowned facilities  T-2.2: Install additional zero emission vehicle chargers in municipal parking lots for fleet and employee use.

ENVIRONMENTAL REVIEW:

These projects are considered maintenance and minor alterations of existing facilities, which are categorically exempt from the California Environmental Quality Act under Guideline 15301 (Existing Facilities). City staff have determined that the projects are exempt from Coastal Development Permits.

PREPARED BY: Kristian Hoffland, Energy and Climate Division Analyst II SUBMITTED BY: Alelia Parenteau, Sustainability & Resilience Director APPROVED BY: Kelly McAdoo, City Administrator
RESOLUTION NO. _____

A RESOLUTION OF THE COUNCIL OF THE CITY OF

SANTA BARBARA ACCEPTING VARIOUS ELECTRIC

VEHICLE CHARGING INFRASTRUCTURE GRANTS IN
THE AMOUNT OF $2,185,798 AND AMENDING
RESOLUTION NO. 24-066 ADOPTING THE BUDGET FOR
FISCAL YEAR 2025 TO INCREASE REVENUE AND
EXPENDITURE APPROPRIATIONS BY $2,185,798 IN THE

SUSTAINABILITY AND RESILIENCE DEPARTMENT
FISCAL YEAR 2025 MISCELLANEOUS GRANTS FUND
WHEREAS, the Energy and Climate Division was awarded $156,000 through the Santa Barbara Air Pollution Control District (SBAPCD) 2023 Carl Moyer Clean Air Grants Infrastructure Program;
WHEREAS, the Energy and Climate Division was awarded $116,000 through the SBAPCD 2024 Carl Moyer Clean Air Grants Infrastructure Program; WHEREAS, the Energy and Climate Division was awarded $146,330 through the US Department of Energy’s (DOE) Energy Efficiency Conservation Block Grant Program; WHEREAS, the Energy and Climate Division was awarded $650,000 through the California Transportation Commission (CTC) CTC SB1 Cycle-3 funding; WHEREAS, the Energy and Climate Division was awarded $1,117,468 as a subrecipient of the California Energy Commissions Reliable, Equitable, and Accessible Charging for Multi-family Housing 2.0 (REACH 2.0) California Energy Commission (CEC) grant; WHEREAS, in accordance with the City Charter, the City Administrator filed with the Council a proposed budget for the fiscal year beginning July 1, 2024; WHEREAS, the City Council is required to adopt a budget before the beginning of the fiscal year 2025 on July 1, 2024;
WHEREAS, the City Charter provides that at any public meeting after the adoption of the budget, the City Council may amend or supplement the budget by motion adopted by the affirmative votes of at least a majority of the total members of the City Council; and WHEREAS, this Resolution adopted by City Council shall memorialize that action to amend the budget as provided herein.

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

Section 1. The Council accepts funding totaling $2,185,798 from SBAPCD, DOE, CTC, and REACH 2.0.

Section 2. The Council authorizes the Sustainability and Resilience Director, or their designee, to enter into necessary grant agreements with SBAPCD, DOE, CTC, and REACH 2.0.

Section 3. The Council, in accordance with the provisions of Section 1205 of the City Charter, amend the budget for the fiscal year 2025, as adopted by Resolution No. 24- 066, to increase revenue and expenditure appropriations by $2,185,798, in the Fiscal Year 2025 Sustainability & Resilience Miscellaneous Grants Fund Budget.

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: April 15, 2025
TO: Mayor and Councilmembers
FROM: Finance Department
SUBJECT: Fiscal Year 2025 Interim Financial Statements for the Seven Months Ended January 31, 2025
RECOMMENDATION:

That Council accept the Fiscal Year 2025 Interim Financial Statements for the seven months ended January 31, 2025.

DISCUSSION:

The interim financial statements for the seven months ended January 31, 2025 (59.0% 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.

BUDGET/FINANCIAL INFORMATION:

This action does not have a budget/financial impact on the City.

ATTACHMENT: Interim Financial Statements for the Seven Months Ended January 31, 2025
PREPARED BY: Nathalie Lecolley, Controller
SUBMITTED BY: Keith DeMartini, Finance Director
APPROVED BY: Kelly McAdoo, City Administrator
Agenda Item No. 15
File Code No. 250.02

ATTACHMENT
Remaining
Adopted Revised YTD Encum- Balance with %of Previous
Budget Budget Actual brances Revised budget Budget YTD
GENERAL FUND (pages 3-7)
Revenue 182,752,119 185,965,514 102,706,061 503 83,259,955 55.2% 97,447,700 Expenditures 187,311,014 194,283,206 108,144,433 6,051,817 80,086,955 58.8% 129,573,890 Addition to / (use of) reserves (4,558,895) (8,317,692) (5,438,372) (6,051,314) 3,173,000 (32,126,190) MEASURE C (pages 3-7)
Included in GF summary a
Revenue 33,400,000 33,400,000 18,347,936 - 15,052,064 54.9% 18,110,919 Expenditures 37,313,123 37,313,123 19,417,486 - 17,895,637 52.0% 29,621,533 Addition to / (use of) reserves (3,913,123) (3,913,123) (1,069,551) - (11,510,614) SOLID WASTE FUND (page 9)
Revenue 40,327,843 40,629,889 23,525,894 - 17,103,995 57.9% 22,602,700 Expenditures 39,609,106 40,613,744 20,785,599 10,165,247 9,662,898 76.2% 19,810,209 Addition to / (use of) reserves 718,737 16,145 2,740,295 (10,165,247) 7,441,097 2,792,491 WATER OPERATING FUND (page 10)
Revenue 80,625,863 80,625,863 49,198,728 - 31,427,135 61.0% 46,654,351 Expenditures 83,755,501 87,193,848 42,566,581 9,423,088 35,204,179 59.6% 42,450,985 Addition to / (use of) reserves (3,129,638) (6,567,985) 6,632,147 (9,423,088) (3,777,045) 4,203,367 WASTEWATER OPERATING FUND (page 11)
Revenue 31,282,314 31,282,314 18,928,162 - 12,354,152 60.5% 17,102,919 Expenditures 31,971,687 33,772,894 16,318,238 2,917,238 14,537,418 57.0% 14,531,170 Addition to / (use of) reserves (689,373) (2,490,580) 2,609,923 (2,917,238) (2,183,265) 2,571,749 DOWNTOWN PARKING FUND (page 12)
Revenue 15,376,580 15,389,436 6,397,458 - 8,991,978 41.6% 6,095,490 Expenditures 13,634,491 12,701,482 6,551,810 926,493 5,223,179 58.9% 6,757,332 Addition to / (use of) reserves 1,742,089 2,687,954 (154,352) (926,493) 3,768,800 (661,842) AIRPORT OPERATING FUND (page 13)
Revenue 32,685,752 32,685,752 18,310,360 - 14,375,392 56.0% 16,997,647 Expenditures 32,958,862 37,143,878 19,374,737 2,923,541 14,845,600 60.0% 15,820,326 Addition to / (use of) reserves (273,111) (4,458,126) (1,064,377) (2,923,541) (470,208) 1,177,320 GOLF COURSE FUND (page 14)
Revenue 4,700,502 4,700,502 2,862,481 - 1,838,021 60.9% 2,723,918 Expenditures 4,353,846 4,353,670 2,216,329 - 2,137,341 50.9% 1,914,149 Addition to / (use of) reserves 346,656 346,832 646,153 - (299,320) 809,769 FACILITIES MANAGEMENT FUND (page 15)
Revenue 6,795,568 6,817,329 4,050,678 - 2,766,651 59.4% 3,983,033 Expenditures 6,503,281 7,172,698 3,426,445 207,680 3,538,574 50.7% 3,917,155 Addition to / (use of) reserves 292,286 (355,369) 624,233 (207,680) (771,923) 65,878

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
Summary by Fund
For Seven Months Ended January 31, 2025 (59% of Fiscal Year)

Remaining
Adopted Revised YTD Encum- Balance with %of Previous
Budget Budget Actual brances Revised budget Budget YTD

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
Summary by Fund
For Seven Months Ended January 31, 2025 (59% of Fiscal Year) FLEET REPLACEMENT FUND (page 16)
Revenue 5,977,251 6,694,455 4,083,196 - 2,611,259 61.0% 3,429,781 Expenditures 4,522,282 5,240,419 1,676,228 590,560 2,973,631 43.3% 1,352,530 Addition to / (use of) reserves 1,454,969 1,454,036 2,406,968 (590,560) (362,372) 2,077,251 FLEET MAINTENANCE FUND (page 17)
Revenue 3,581,759 3,578,682 2,046,376 - 1,532,306 57.2% 1,885,651 Expenditures 3,893,937 3,954,127 2,156,853 337,047 1,460,227 63.1% 1,998,412 Addition to / (use of) reserves (312,178) (375,445) (110,477) (337,047) 72,079 (112,761) SELF INSURANCE TRUST FUND (page 18)
Revenue 20,896,719 20,297,138 11,881,064 - 8,416,074 58.5% 10,174,492 Expenditures 22,630,509 23,056,910 10,023,895 423,756 12,609,259 45.3% 9,867,014 Addition to / (use of) reserves (1,733,790) (2,759,771) 1,857,169 (423,756) (4,193,184) 307,478 INFORMATION TECHNOLOGY FUND (page 19)
Revenue 9,384,047 9,396,036 5,466,801 - 3,929,236 58.2% 3,710,089 Expenditures 9,737,489 9,738,875 5,743,470 113,689 3,881,716 60.1% 4,371,349 Addition to / (use of) reserves (353,441) (342,839) (276,669) (113,689) 47,519 (661,259) WATERFRONT OPERATING FUND (page 20)
Revenue 20,459,725 20,486,725 12,661,641 - 7,825,084 61.8% 12,346,577 Expenditures 21,050,805 21,287,626 11,934,921 889,429 8,463,276 60.2% 10,800,253 Addition to / (use of) reserves (591,080) (800,901) 726,720 (889,429) (638,193) 1,546,323 SANTA BARBARA CLEAN ENERGY FUND (page 21)
Revenue 53,307,781 53,307,781 20,311,936 - 32,995,845 38.1% 25,443,463 Expenditures 55,457,671 58,383,829 26,290,721 2,396,946 29,696,162 49.1% 15,943,408 Addition to / (use of) reserves (2,149,890) (5,076,048) (5,978,785) (2,396,946) 3,299,683 9,500,055 ENERGY AND CLIMATE MANAGEMENT FUND (page 22)
Revenue 2,273,443 2,269,760 1,295,334 - 974,426 57.1% 1,698,111 Expenditures 2,326,253 2,728,419 1,086,075 194,786 1,447,559 46.9% 1,595,058 Addition to / (use of) reserves (52,810) (458,659) 209,259 (194,786) (473,132) 103,053

TOTAL FOR ALL FUNDS
Revenue 543,827,266 547,527,177 302,074,107 503 245,453,573 55.2% 290,406,840 Expenditures 557,029,857 578,938,748 297,713,822 37,561,317 243,663,610 57.9% 310,324,774 Addition to / (use of) reserves (13,202,591) (31,411,571) 4,360,286 (37,561,820) 1,789,963 (19,917,934) ** 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.

Remaining
Adopted Revised YTD Balance with Percent Previous Change Over Budget Budget Actual Revised budget Received YTD Prior Year TAXES
Sales and Use 31,200,000 31,200,000 17,285,709 13,914,291 55.4% 17,134,923 0.9% Measure C Sales Tax 33,400,000 33,400,000 18,347,936 15,052,064 54.9% 18,110,919 1.3% Measure I Sales Tax - 3,000,000 - 3,000,000 0.0% - 0.0% Property Taxes 51,030,000 51,030,000 27,207,266 23,822,734 53.3% 26,392,554 3.1% Utility Users Tax 7,950,000 7,950,000 5,228,421 2,721,579 65.8% 4,389,021 19.1% Transient Occupancy Tax 28,700,000 28,700,000 19,017,813 9,682,187 66.3% 17,051,714 11.5% Business License 2,900,000 2,900,000 1,639,897 1,260,103 56.5% 1,281,659 28.0% Cannabis Excise Tax 1,400,000 1,400,000 605,798 794,202 43.3% 712,229 -14.9% Real Property Transfer Tax 1,200,000 1,200,000 509,616 690,384 42.5% 392,278 29.9% Total Tax Revenues 157,780,000 160,780,000 89,842,456 70,937,544 55.9% 85,465,296 5.1%

LICENSES & PERMITS
Licenses & Permits 237,886 237,886 93,556 144,330 39.3% 77,032 21.5% Total 237,886 237,886 93,556 144,330 39.3% 77,032 21.5%

FINES & FORFEITURES
Police 2,540,600 2,540,600 1,103,591 1,437,009 43.4% 778,129 41.8% Other Fines & Forfeitures 483,000 483,000 634,225 (151,225) 131.3% 338,276 87.5% Total 3,023,600 3,023,600 1,737,815 1,285,785 57.5% 1,116,405 55.7%

USE OF MONEY & PROPERTY
Investment Income 2,327,858 2,327,858 865,840 1,462,018 37.2% 1,137,590 -23.9% Rents & Concessions 1,539,676 1,539,676 764,335 775,341 49.6% 799,172 -4.4% Total 3,867,534 3,867,534 1,630,175 2,237,359 42.2% 1,936,762 -15.8%

INTERGOVERNMENTAL
Library 884,966 884,966 45,601 839,366 5.2% 436,145 -89.5% Fire 1,500,000 1,500,000 915,876 584,124 61.1% 892,232 2.6% Other Intergovernmental 627,078 687,954 361,097 326,857 52.5% 254,941 41.6% Total 3,012,044 3,072,920 1,322,574 1,750,346 43.0% 1,583,319 -16.5%

FEES & SERVICE CHARGES
Community Development 7,230,640 7,230,640 4,701,649 2,528,991 65.0% 4,340,850 8.3% Parks & Recreation 4,320,477 4,667,866 2,730,734 1,937,132 58.5% 2,698,797 1.2% Other Service Charges
2,821,667 2,671,667 1,875,650
796,017 70.2% 1,885,958 -0.5%
Total 14,372,784 14,570,173 9,308,032 5,262,140 63.9% 8,925,605 4.3%

OTHER REVENUES
Interfund Charges & Reimbursem 13,921,095 13,901,902 8,024,403 5,877,499 57.7% 7,542,195 6.4% Overhead Indirect Allocations 9,547,772 9,547,772 5,546,090 4,001,682 58.1% 5,398,207 2.7% Interfund Transfers 466,300 440,622 338,686 101,936 76.9% 152,575 122.0% Interfund Loans 2,191,004 2,191,004 - 2,191,004 0.0% -
Miscellaneous 1,121,592 1,121,592 163,788 957,804 14.6% 443,832 -63.1% Donations 110,509 110,509 32,786 77,723 29.7% 33,186 -1.2% Franchise Fees 6,500,000 6,500,000 3,013,635 3,486,365 46.4% 2,884,205 4.5% Total 33,858,272 33,813,401 17,119,389 16,694,013 50.6% 16,454,199 4.0% Subtotal Non-Tax Revenues 58,372,119 58,585,514 31,211,541 27,373,973 53.3% 30,093,322 3.7% TOTAL REVENUES 216,152,119 219,365,514 121,053,996 98,311,518 55.2% 115,558,619 4.8%

CITY OF SANTA BARBARA
General Fund
Interim Statement of Budgeted and Actual Revenues
For Seven Months Ended January 31, 2025 (59% of Fiscal Year)

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

GENERAL GOVERNMENT
Mayor & City Council
MAYOR & CITY COUNCIL 1,298,908 1,298,696 699,223 1,561 597,912 54.0% 634,780

ARTS & COMMUNITY
PROMOTIONS 2,178,925 2,378,203 1,643,514 433,011 301,678 87.3% 1,706,638 Total 3,477,833 3,676,899 2,342,737 434,572 899,590 75.5% 2,341,418 City Attorney
ADMINISTRATION 1,382,822 1,589,802 728,241 229,583 631,978 60.2% 590,469 CITY ATTORNEY-ADVISORY 1,993,320 1,565,803 809,785 16,000 740,018 52.7% 772,517 LITIGATION 1,718,292 1,618,696 781,681 153,233 683,781 57.8% 738,098 ENFORCEMENT 770,328 1,213,539 532,488 1,750 679,302 44.0% 430,699 Total 5,864,762 5,987,840 2,852,195 400,566 2,735,079 54.3% 2,531,783 Administration
CITY ADMINISTRATOR 2,599,989 2,783,432 1,705,865 192,710 884,857 68.2% 1,713,122 EMPLOYEE RELATIONS - - - - - #DIV/0! 1,667
CITY TV 624,883 749,359 313,107 16,941 419,311 44.0% 301,503 CITY CLERK 1,242,002 1,257,551 457,978 15,692 783,881 37.7% 398,461 Total 4,466,875 4,790,342 2,476,949 225,343 2,088,050 56.4% 2,414,753 Human Resources
HUMAN RESOURCES 2,400,886 2,480,740 1,326,306 103,926 1,050,508 57.7% 1,465,208 EMPLOYEE RELATIONS 378,121 477,390 165,925 202,874 108,590 77.3% 201,834 EMPLOYEE DEVELOPMENT 39,447 72,590 40,366 34,337 (2,113) 102.9% 13,093 Total 2,818,454 3,030,720 1,532,598 341,138 1,156,985 61.8% 1,680,135 Finance
ADMINISTRATION 377,593 441,989 232,435 49,945 159,609 63.9% 201,487 MANAGEMENT 897,324 1,040,511 403,145 311,219 326,147 68.7% 337,116 CASHIERING & COLLECTION 1,721,444 1,927,301 738,361 192,532 996,408 48.3% 452,540 LICENSES & PERMITS - - 1 - (1) #DIV/0! 223,046
BUDGET MANAGEMENT 977,338 1,383,136 656,686 224,464 501,985 63.7% 579,291 ACCOUNTING 1,182,596 1,201,404 647,103 50,546 503,756 58.1% 627,811 MISCELLANEOUS 515,876 515,707 281,547 - 234,160 54.6% 284,693 ACCOUNTS PAYABLE 308,213 322,964 209,485 14,850 98,630 69.5% 159,322 SERVICE 935,654 935,522 399,279 3,231 533,012 43.0% 398,656 PURCHASING 838,350 838,021 440,014 - 398,007 52.5% 468,301 CENTRAL WAREHOUSE 219,506 219,435 119,321 - 100,113 54.4% 121,272 MAIL SERVICES 176,934 185,420 98,321 11,106 75,993 59.0% 93,520 Total 8,150,828 9,011,409 4,225,696 857,892 3,927,821 56.4% 3,947,056 TOTAL GENERAL GOVERNMENT 24,778,752 26,497,210 13,430,176 2,259,509 10,807,524 59.2% 12,915,145 General Fund
Interim Statement of Appropriations, Expenditures and Encumbrances For Seven Months Ended January 31, 2025 (59% of Fiscal Year)

YTD
Remaining Expended
Adopted Revised YTD Encum- Balance with and Previous
Budget Budget Actual brances Revised budget Encumbered YTD General Fund
Interim Statement of Appropriations, Expenditures and Encumbrances For Seven Months Ended January 31, 2025 (59% of Fiscal Year)

PUBLIC SAFETY
Police
CHIEF'S STAFF 2,746,596 2,818,476 1,915,956 26,026 876,495 68.9% 1,514,320 BUSINESS OFFICE 1,107,733 1,105,266 536,103 1,136 568,028 48.6% 438,029 RECORDS BUREAU 2,539,652 2,533,263 1,223,619 27,970 1,281,674 49.4% 1,041,951 STRATEGIC OPERATIONS 2,114,775 1,964,374 1,505,657 16,508 442,209 77.5% 1,017,214 PROPERTY ROOM 338,792 337,857 148,914 - 188,943 44.1% 162,800 TRAINING, RECRUITMENT/WELLNES 2,389,726 2,486,558 1,706,226 88,903 691,430 72.2% 1,449,691 RANGE AND EQUIPMENT 1,900,458 1,975,146 990,963 188,751 795,432 59.7% 1,686,733 COMMUNITY & MEDIA RELATIONS - - - - - #DIV/0! 91,556
INF.TECHNOLOGY/CRIME ANALYSIS 1,853,534 2,184,803 1,543,392 268,490 372,921 82.9% 1,173,361 CRIMINAL INVESTIGATIONS & INTER 7,144,333 7,290,702 3,702,409 12,544 3,575,750 51.0% 3,467,118 CRIME LAB 218,380 217,772 102,385 - 115,386 47.0% 100,162 FIELD OPERATIONS DIVISION 22,923,235 22,855,481 13,448,877 14,987 9,391,617 58.9% 12,605,730 TRAFFIC 1,121,763 1,119,620 698,237 - 421,384 62.4% 517,200 SPECIAL EVENTS 699,244 698,797 231,169 - 467,629 33.1% 557,565 STREET CRIMES UNIT 2,147,719 2,649,190 1,324,504 - 1,324,686 50.0% 1,053,508 SPECIAL ENFORCEMENT TEAM 166,766 164,335 32,749 - 131,586 19.9% 72,470 PARKING AND STREET SWEEPING 563,810 562,594 183,273 - 379,321 32.6% 169,022 PARKING ENFORCEMENT 1,196,801 1,192,568 534,425 - 658,143 44.8% 353,541 COMBINED COMMUNICATIONS CTR 4,577,784 4,568,303 2,191,990 - 2,376,313 48.0% 2,330,046 ANIMAL CONTROL 1,077,991 1,078,743 288,421 27,100 763,222 29.2% 411,575 Total 56,829,092 57,803,850 32,309,269 672,414 24,822,167 57.1% 30,213,593 Fire
ADMINISTRATION 1,996,743 1,993,590 1,157,844 - 835,746 58.1% 1,054,070 EMERGENCY SRVS / PUBLIC ED 469,292 468,195 260,264 - 207,930 55.6% 241,119 PREVENTION 1,358,357 1,355,007 749,239 - 605,768 55.3% 722,978 WILDLAND FIRE MITIGATION PROG. 405,247 448,652 184,235 29,811 234,606 47.7% 371,440 OPERATIONS 30,288,202 30,727,793 17,645,045 147,057 12,935,691 57.9% 16,562,973 TRAINING AND RECRUITMENT 1,702,279 1,700,957 943,391 10,863 746,703 56.1% 569,482 ARFF 3,671,451 3,664,437 2,153,891 - 1,510,546 58.8% 2,062,837 Total 39,891,571 40,358,631 23,093,910 187,731 17,076,990 57.7% 21,584,900 TOTAL PUBLIC SAFETY 96,720,663 98,162,481 55,403,179 860,145 41,899,157 57.3% 51,798,493

PUBLIC WORKS
Public Works
ADMINISTRATION 1,905,266 1,917,585 958,897 32,308 926,380 51.7% 852,659 ENGINEERING SVCS 10,188,284 10,196,650 5,291,112 10,437 4,895,102 52.0% 4,512,991 PUBLIC RT OF WAY MGMT 2,383,963 2,407,506 1,208,735 20,295 1,178,477 51.0% 1,108,241 WATER RESOURCES - - - - - - 14,915
Total 14,477,514 14,521,742 7,458,743 63,040 6,999,959 51.8% 6,488,807 TOTAL PUBLIC WORKS 14,477,514 14,521,742 7,458,743 63,040 6,999,959 51.8% 6,488,807

YTD
Remaining Expended
Adopted Revised YTD Encum- Balance with and Previous
Budget Budget Actual brances Revised budget Encumbered YTD General Fund
Interim Statement of Appropriations, Expenditures and Encumbrances For Seven Months Ended January 31, 2025 (59% of Fiscal Year)

COMMUNITY SERVICES
Parks & Recreation
REC PROGRAM MGMT 1,228,259 1,257,635 632,911 7,280 617,445 50.9% 620,303 FACILITIES & SPECIAL EVENTS 2,271,060 2,269,508 1,268,139 142,449 858,919 62.2% 997,144 YOUTH ACTIVITIES 1,694,474 1,693,598 891,535 2,836 799,227 52.8% 780,525 ACTIVE ADULTS 1,063,688 1,063,071 585,253 5,376 472,443 55.6% 556,193 AQUATICS 2,333,117 2,510,047 1,566,188 57,598 886,261 64.7% 1,204,877 SPORTS 1,324,457 1,520,216 753,694 (51,673) 818,195 46.2% 484,580 TENNIS - - - - - #DIV/0! 305,786
NEIGHBORHOOD/OUTREACH SERV 1,460,701 1,463,387 745,902 13,143 704,341 51.9% 656,561 ADMINISTRATION 1,586,827 1,584,860 866,478 651 717,731 54.7% 803,726 PROJECT MANAGEMENT TEAM 924,758 923,367 465,125 10,545 447,697 51.5% 448,888 PARK OPERATIONS MNGMNT 1,446,676 1,457,968 795,379 4,246 658,343 54.8% 703,017 GROUNDS & FACILITIES MAINT. 7,423,775 7,521,011 3,884,078 315,529 3,321,405 55.8% 3,714,484 FORESTRY 1,998,175 2,160,162 1,116,206 82,029 961,927 55.5% 1,046,231 BEACH MAINTENANCE 200,757 208,132 134,745 17,465 55,922 73.1% 108,017 MEDIANS PARKWAYS&CONTRACTS 573,082 615,382 229,929 213,740 171,713 72.1% 233,062 Total 25,529,806 26,248,344 13,935,561 821,213 11,491,569 56.2% 12,663,393 Library
ADMINISTRATION 1,198,662 1,198,178 647,361 91,666 459,150 61.7% 580,329 CENTRAL LIBRARY 6,304,296 6,500,563 3,159,496 108,967 3,232,101 50.3% 2,896,873 EASTSIDE LIBRARY 722,641 722,455 313,292 3,195 405,968 43.8% 281,031 LIBRARY ON THE GO 379,079 379,079 208,055 - 171,023 54.9% 132,601 ADULT EDUCATION 384,951 384,951 233,711 - 151,240 60.7% 145,128 Total 8,989,630 9,185,226 4,561,915 203,828 4,419,483 51.9% 4,035,963 TOTAL COMMUNITY SERVICES 34,519,436 35,433,570 18,497,477 1,025,042 15,911,052 55.1% 16,699,356

COMMUNITY DEVELOPMENT
Community Development
ADMINISTRATION 2,375,354 2,380,967 1,237,373 39,114 1,104,480 53.6% 1,228,549 RENTAL HOUSING MEDIATION 381,964 379,301 219,325 273 159,702 57.9% 200,395 HUMAN SERVICES 938,860 1,191,342 266,048 880,373 44,921 96.2% 359,160 LONG RANGE PLAN & SPEC STUDY 1,543,144 1,738,460 726,956 133,815 877,690 49.5% 588,207 DEVEL & ENVIRONMENTAL REVIEW 2,038,135 2,140,248 1,066,210 20,618 1,053,420 50.8% 932,252 ZONING INFO & ENFORCEMENT 1,749,051 1,748,768 890,900 5,897 851,972 51.3% 771,182 DESIGN REV & HIST PRESERVATION 1,824,762 1,823,890 940,748 2,616 880,525 51.7% 892,997 BLDG INSP & CODE ENFORCEMENT 1,992,719 1,998,706 913,868 267 1,084,571 45.7% 997,269 RECORDS ARCHIVES & CLER SVCS 745,718 758,020 401,614 27,464 328,942 56.6% 371,272 BLDG COUNTER & PLAN REV SVCS 3,045,582 3,298,247 1,589,701 319,759 1,388,786 57.9% 1,264,769 CODE COMPLIANCE 1,062,674 1,062,674 560,439 1,607 500,628 52.9% 516,799 Total 17,697,964 18,520,623 8,813,181 1,431,804 8,275,638 55.3% 8,122,852 TOTAL COMMUNITY DEVELOPMENT 17,697,964 18,520,623 8,813,181 1,431,804 8,275,638 55.3% 8,122,852

YTD
Remaining Expended
Adopted Revised YTD Encum- Balance with and Previous
Budget Budget Actual brances Revised budget Encumbered YTD General Fund
Interim Statement of Appropriations, Expenditures and Encumbrances For Seven Months Ended January 31, 2025 (59% of Fiscal Year)

SUSTAINABILITY AND RESILIENCE
Sustainability and Resilience
ADMINISTRATION - 42,172 18,393 14,528 9,251 78.1% 4,370 ABATEMENT 352,576 811,269 234,792 397,750 178,727 78.0% 68,515 Total 352,576 853,440 253,184 412,278 187,978 78.0% 72,885 TAL SUSTAINABILITY AND RESILIENCE 352,576 853,440 253,184 412,278 187,978 78.0% 72,885

NON-DEPARTMENTAL
Non-Departmental
MEASURE C SALES TAX 37,313,123 37,313,123 19,417,486 - 17,895,637 52.0% 29,621,533 TRANSFERS OUT 2,709,015 4,359,015 3,235,575 - 1,123,440 74.2% 582,108 CAPITAL OUTLAY TRANSFER 1,805,000 1,805,000 1,052,917 - 752,083 58.3% 32,894,245 APPROP. RESERVE 250,000 130,124 - - 130,124 0.0% -
Sub Total 42,077,138 43,607,262 23,705,978 - 19,901,284 54.4% 63,097,886 ANTICIPATED SALARY SAVINGS (6,000,000) (6,000,000) - - (6,000,000) 0.0% - TOTAL NON-DEPARTMENTAL 36,077,138 37,607,262 23,705,978 - 13,901,284 63.0% 63,097,886 TOTAL EXPENDITURES 224,624,042 231,596,329 127,561,919 6,051,817 97,982,593 57.7% 159,195,423 ** 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.

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

TRAFFIC SAFETY FUND
Revenue 245,000 245,000 124,364 - 120,636 50.8% 114,736 Expenditures 245,000 245,000 124,364 - 120,636 50.8% 114,736 Revenue Less Expenditures - - - - - -

CREEK RESTORATION/WATER QUALITY IMPRVMT
Revenue 6,522,314 6,522,314 4,318,174 - 2,204,140 66.2% 3,823,294 Expenditures 6,926,031 7,543,959 3,415,083 983,616 3,145,259 58.3% 3,297,269 Revenue Less Expenditures (403,717) (1,021,645) 903,090 (983,616) (941,119) 526,025

COMMUNITY DEVELOPMENT BLOCK GRANT
Revenue 1,176,711 1,386,673 285,573 - 1,101,100 20.6% 492,630 Expenditures 1,179,563 2,100,763 152,721 716,737 1,231,305 41.4% 242,284 Revenue Less Expenditures (2,852) (714,090) 132,852 (716,737) (130,205) 250,346

COUNTY LIBRARY
Revenue 417,924 417,924 451 - 417,473 0.1% 197,931
Expenditures 562,009 571,994 244,119 12,073 315,802 44.8% 236,055 Revenue Less Expenditures (144,085) (154,070) (243,668) (12,073) 101,671 (38,124)

STREETS FUND
Revenue 13,697,673 14,447,673 9,336,236 - 5,111,437 64.6% 7,545,770 Expenditures 14,307,637 14,648,167 7,777,392 119,306 6,751,469 53.9% 8,436,542 Revenue Less Expenditures (609,964) (200,494) 1,558,844 (119,306) (1,640,032) (890,772)

MEASURE A FUND
Revenue 5,010,416 5,010,416 2,650,452 - 2,359,964 52.9% 2,782,539 Expenditures 5,277,829 7,543,845 4,952,106 331,162 2,260,578 70.0% 3,329,242 Revenue Less Expenditures (267,413) (2,533,429) (2,301,654) (331,162) 99,387 (546,704)

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
Special Revenue Funds
For Seven Months Ended January 31, 2025 (59% of Fiscal Year)

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

REVENUES
Service charges 40,007,726 40,007,726 23,360,281 - 16,647,445 58.4% 22,316,302 Other Fees & Charges 58,350 58,350 16,810 - 41,540 28.8% 31,110 Investment Income 209,600 209,600 146,101 - 63,499 69.7% 103,549 Grants 23,279 325,325 - - 325,325 0.0% 151,250
Miscellaneous 28,888 28,888 2,702 - 26,186 9.4% 488
TOTAL REVENUES 40,327,843 40,629,889 23,525,894 - 17,103,995 57.9% 22,602,700

EXPENSES
Salaries & Benefits 2,106,867 2,145,883 1,121,095 - 1,024,789 52.2% 972,532 Materials, Supplies & Services 35,689,310 36,334,667 19,070,386 9,932,393 7,331,888 79.8% 18,312,036 Special Projects 1,241,338 1,241,338 340,241 170,125 730,972 41.1% 427,566 Transfers-Out 200,000 200,000 116,667 - 83,333 58.3% 29,550 Equipment 309,256 629,520 137,211 62,728 429,581 31.8% 68,526 Other 40,000 40,000 - - 40,000 0.0% -
Appropriated Reserve 22,335 22,335 - - 22,335 0.0% -
TOTAL EXPENSES 39,609,106 40,613,744 20,785,599 10,165,247 9,662,898 76.2% 19,810,209 Revenue Less Expense 718,737 16,145 2,740,295 (10,165,247) 7,441,097 2,792,491

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Seven Months Ended January 31, 2025 (59% of Fiscal Year)

SOLID WASTE FUND

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

REVENUES
Water Sales- Metered 66,474,000 66,474,000 42,333,156 - 24,140,844 63.7% 38,730,307 Service Charges 251,460 251,460 189,269 - 62,191 75.3% 144,397 Cater JPA Treatment 2,400,000 2,400,000 1,539,246 - 860,754 64.1% 1,335,476 Investment Income 2,900,100 2,900,100 1,883,595 - 1,016,505 64.9% 1,528,846 Grants - - - - - #DIV/0! 15,212
Reimbursements 8,515,303 8,515,303 2,885,229 - 5,630,074 33.9% 4,159,994 Miscellaneous 85,000 85,000 368,233 - (283,233) 433.2% 740,120 TOTAL REVENUES 80,625,863 80,625,863 49,198,728 - 31,427,135 61.0% 46,654,351

EXPENSES
Salaries & Benefits 15,924,842 15,891,813 8,776,540 - 7,115,273 55.2% 7,871,603 Materials, Supplies 24,984,192 28,184,706 9,032,600 8,930,362 10,221,743 63.7% 10,723,254 Special Projects 834,235 904,730 99,673 263,087 541,970 40.1% 126,698 Water Purchases 8,290,000 8,290,000 5,019,200 - 3,270,800 60.5% 4,475,710 Debt Service 9,187,487 9,187,487 5,572,401 - 3,615,086 60.7% 5,549,867 Transfer-Out 56,755 56,755 30,517 - 26,238 53.8% 2,485
Capital Outlay Transfers 23,582,950 23,582,950 13,756,721 - 9,826,229 58.3% 13,463,055 Equipment 298,690 336,734 104,255 11,607 220,873 34.4% 75,519 Capitalized Fixed Assets 412,550 570,873 135,925 215,032 219,916 61.5% 126,289 Other 33,800 37,800 38,748 3,000 (3,948) 110.4% 36,504
Appropriated Reserve 150,000 150,000 - - 150,000 0.0% - TOTAL EXPENSES 83,755,501 87,193,848 42,566,581 9,423,088 35,204,179 59.6% 42,450,985 Revenue Less Expense (3,129,638) (6,567,985) 6,632,147 (9,423,088) (3,777,045) 4,203,367

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Seven Months Ended January 31, 2025 (59% of Fiscal Year)

WATER OPERATING FUND

Remaining
Adopted Revised YTD Encum- Balance with % of Previous
Budget Budget Actual brances Revised budget Budget YTD

REVENUES
Service Charges 30,110,997 30,110,997 18,068,658 - 12,042,339 60.0% 16,457,123 Fees 512,317 512,317 413,837 - 98,480 80.8% 310,650
Investment Income 600,000 600,000 390,845 - 209,155 65.1% 320,360 Rents & Concessions 54,000 54,000 29,998 - 24,002 55.6% 29,998 Grants - - - - - #DIV/0! (15,212)
Miscellaneous 5,000 5,000 24,824 - (19,824) 496.5% -
TOTAL REVENUES 31,282,314 31,282,314 18,928,162 - 12,354,152 60.5% 17,102,919

EXPENSES
Salaries & Benefits 10,295,923 10,278,743 5,723,779 - 4,554,963 55.7% 5,227,157 Materials, Supplies&Servs. 12,028,121 12,607,454 6,053,132 2,342,945 4,211,376 66.6% 5,858,878 Special Projects 562,600 1,002,666 92,096 509,396 401,174 60.0% 413,154 Transfer-Out 56,755 56,755 30,517 - 26,238 53.8% 1,617
Debt Service 3,550,838 3,550,838 533,916 - 3,016,922 15.0% 557,041 Capital Outlay Transfers 5,159,750 5,909,750 3,759,854 - 2,149,896 63.6% 2,366,184 Equipment 137,900 178,631 53,643 - 124,988 30.0% 58,793 Capitalized Fixed Assets 177,000 181,258 71,300 60,896 49,062 72.9% 46,833 Other 2,800 6,800 - 4,000 2,800 58.8% 1,513
TOTAL EXPENSES 31,971,687 33,772,894 16,318,238 2,917,238 14,537,418 57.0% 14,531,170 Revenue Less Expense (689,373) (2,490,580) 2,609,923 (2,917,238) (2,183,265) 2,571,749 Miscellaneous

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Seven Months Ended January 31, 2025 (59% of Fiscal Year)

WASTEWATER OPERATING FUND

Remaining
Adopted Revised YTD Encum- Balance with % of Previous
Budget Budget Actual brances Revised budget Budget YTD

REVENUES
Improvement Tax 1,000,000 1,000,000 538,397 - 461,603 53.8% 370,100 Parking Fees 12,263,819 12,263,819 4,720,166 - 7,543,654 38.5% 4,706,418 Other Fees & Charges 20,000 20,000 2.37 - 19,998 0.0% - Investment Income 140,000 140,000 72,643 - 67,357 51.9% 72,078 Rents & Concessions 374,590 387,446 192,352 - 195,094 49.6% 253,006 Miscellaneous 175,272 175,272 55,541 - 119,731 31.7% 83,864 Operating Transfers-In 1,402,899 1,402,899 818,358 - 584,541 58.3% 610,024 TOTAL REVENUES 15,376,580 15,389,436 6,397,458 - 8,991,978 41.6% 6,095,490

EXPENSES
Salaries & Benefits 6,538,289 6,526,145 3,471,045 - 3,055,099 53.2% 3,100,524 Materials, Supplies & Ser 5,101,222 5,175,974 2,718,625 599,884 1,857,465 64.1% 2,869,059 Special Projects 433,893 519,924 111,078 326,609 82,237 84.2% 251,728 Transfer-Out 4,600 - - - - #DIV/0! 3,084
Capital Outlay Transfers 1,502,048 425,000 247,917 - 177,083 58.3% 527,917 Equipment 44,440 44,440 3,146 - 41,294 7.1% 5,021
Appropriated Reserve 10,000 10,000 - - 10,000 0.0% -
TOTAL EXPENSES 13,634,491 12,701,482 6,551,810 926,493 5,223,179 58.9% 6,757,332 Revenue Less Expense 1,742,089 2,687,954 (154,352) (926,493) 3,768,800 (661,842) Miscellaneous
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 Seven Months Ended January 31, 2025 (59% of Fiscal Year)

DOWNTOWN PARKING FUND

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

REVENUES
Leases-Commercial/Industria 6,352,589 6,352,589 3,229,369 - 3,123,220 50.8% 3,284,754 Leases-Terminal 11,933,771 11,933,771 7,319,711 - 4,614,059 61.3% 5,776,437 Leases-Non-Commercial Avia 5,193,119 5,193,119 3,095,814 - 2,097,305 59.6% 2,886,593 Leases-Commercial Aviation 7,324,595 7,324,595 3,733,528 - 3,591,067 51.0% 3,696,868 Investment Income 700,000 700,000 356,597 - 343,403 50.9% 369,829 Grants - - - - - - 437,036
Service Charges 1,719 1,719 - - 1,719 0.0% -
Miscellaneous 179,958 179,958 21,101 - 158,857 11.7% 86,059 Operating Transfers-In 1,000,000 1,000,000 554,240 - 445,760 55.4% 460,070 TOTAL REVENUES 32,685,752 32,685,752 18,310,360 - 14,375,392 56.0% 16,997,647

EXPENSES
Salaries & Benefits 13,120,829 12,855,655 6,773,465 - 6,082,190 52.7% 5,958,122 Materials, Supplies & Service 13,599,246 14,591,633 7,821,694 2,552,122 4,217,818 71.1% 7,182,655 Special Projects 792,500 3,026,885 724,873 293,503 2,008,509 33.6% 525,967 Transfer-Out 532,544 532,544 302,053 - 230,491 56.7% 252,705 Debt Service 1,556,500 1,556,500 907,958 - 648,542 58.3% 909,536 Capital Outlay Transfers 2,969,881 4,028,237 2,793,516 - 1,234,721 69.3% 977,746 Equipment 255,806 416,869 51,178 73,917 291,774 30.0% 13,596 Other - 4,000 - 4,000 - 100.0% -
Appropriated Reserve 131,556 131,556 - - 131,556 0.0% - TOTAL EXPENSES 32,958,862 37,143,878 19,374,737 2,923,541 14,845,600 60.0% 15,820,326 Revenue Less Expense (273,111) (4,458,126) (1,064,377) (2,923,541) (470,208) 1,177,320 Miscellaneous
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 Seven Months Ended January 31, 2025 (59% of Fiscal Year)

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

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

REVENUES
Fees & Card Sales 4,347,952 4,347,952 2,641,939 - 1,706,013 60.8% 2,519,584 Investment Income 110,000 110,000 85,838 - 24,162 78.0% 57,139 Rents & Concessions 242,550 242,550 133,942 - 108,608 55.2% 145,971 Miscellaneous - - 762 - (762) 0.0% 1,225
TOTAL REVENUES 4,700,502 4,700,502 2,862,481 - 1,838,021 60.9% 2,723,918

EXPENSES
Salaries & Benefits 122,516 122,340 68,525 - 53,815 56.0% 65,291 Materials, Supplies & Srvs. 3,631,330 3,631,330 1,797,804 - 1,833,526 49.5% 1,673,858 Capital Outlay Transfers 600,000 600,000 350,000 - 250,000 58.3% 175,000 TOTAL EXPENSES 4,353,846 4,353,670 2,216,329 - 2,137,341 50.9% 1,914,149 Revenue Less Expense 346,656 346,832 646,153 - (299,320) 809,769 Miscellaneous
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 Seven Months Ended January 31, 2025 (59% of Fiscal Year)

GOLF COURSE FUND

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

REVENUES
Service Charges 2,487,997 2,509,758 1,464,026 - 1,045,733 58.3% 2,048,291 Work Orders - Bldg Maint. 4,302,071 4,302,071 2,586,059 - 1,716,012 60.1% 1,934,742 Miscellaneous 5,500 5,500 594 - 4,906 10.8% -
TOTAL REVENUES 6,795,568 6,817,329 4,050,678 - 2,766,651 59.4% 3,983,033

EXPENSES
Salaries & Benefits 4,241,025 4,228,384 2,075,058 - 2,153,326 49.1% 2,376,592 Materials, Supplies & Svcs. 1,941,956 2,502,613 1,151,652 47,569 1,303,392 47.9% 1,356,945 Special Projects 315,300 426,301 194,921 160,111 71,269 83.3% 178,367 Capital Outlay Transfers - - - - - #DIV/0! 2,099
Equipment 5,000 15,400 4,813 - 10,587 31.3% 2,463
TOTAL EXPENSES 6,503,281 7,172,698 3,426,445 207,680 3,538,574 50.7% 3,917,155 Revenue Less Expense 292,286 (355,369) 624,233 (207,680) (771,923) 65,878

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Seven Months Ended January 31, 2025 (59% of Fiscal Year)

FACILITIES MANAGEMENT FUND

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

REVENUES
Vehicle Rental Charges 5,282,423 5,888,794 3,430,494 - 2,458,300 58.3% 2,989,977 Investment Income 622,448 622,448 432,806 - 189,642 69.5% 307,829 Rents & Concessions 4,380 107,553 60,184 - 47,369 56.0% 60,184 Miscellaneous 68,000 68,000 155,244 - (87,244) 228.3% 71,791 Operating Transfers-In - 7,660 4,468 - 3,192 58.3% -
TOTAL REVENUES 5,977,251 6,694,455 4,083,196 - 2,611,259 61.0% 3,429,781

EXPENSES
Salaries & Benefits 246,665 273,356 123,370 - 149,987 45.1% 99,392 Materials, Supplies & Svcs. 31,417 39,077 25,065 8,233 5,779 85.2% 22,416 Debt Service 606,371 606,371 303,186 303,186 (0) 100.0% 303,186 Capital Outlay Transfers - 24,322 24,322 - - 100.0% -
Capitalized Fixed Assets 3,637,829 4,297,292 1,200,285 279,142 2,817,865 34.4% 927,536 TOTAL EXPENSES 4,522,282 5,240,419 1,676,228 590,560 2,973,631 43.3% 1,352,530 Revenue Less Expense 1,454,969 1,454,036 2,406,968 (590,560) (362,372) 2,077,251

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Seven Months Ended January 31, 2025 (59% of Fiscal Year)

FLEET REPLACEMENT FUND

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

REVENUES
Vehicle Maintenance Charg 3,447,007 3,446,430 1,973,232 - 1,473,198 57.3% 1,800,434 Reimbursements 7,500 5,000 2,917 - 2,083 58.3% 5,833
Miscellaneous 127,252 127,252 70,228 - 57,024 55.2% 79,383 TOTAL REVENUES 3,581,759 3,578,682 2,046,376 - 1,532,306 57.2% 1,885,651

EXPENSES
Salaries & Benefits 1,921,196 1,916,207 1,005,135 - 911,073 52.5% 897,900 Materials, Supplies & Svcs. 1,897,522 1,947,001 1,129,796 306,864 510,341 73.8% 1,061,965 Special Projects 50,867 83,035 18,903 30,184 33,948 59.1% 36,334 Capital Outlay Transfers 1,467 - - - - #DIV/0! 1,275
Equipment 7,884 7,884 3,019 - 4,865 38.3% 938
Appropriated Reserve 15,000 - - - - #DIV/0! -
TOTAL EXPENSES 3,893,937 3,954,127 2,156,853 337,047 1,460,227 63.1% 1,998,412 Revenue Less Expense (312,178) (375,445) (110,477) (337,047) 72,079 (112,761)

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Seven Months Ended January 31, 2025 (59% of Fiscal Year)

FLEET MAINTENANCE FUND

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

REVENUES
Insurance Premiums 13,688,728 13,089,147 7,635,335 - 5,453,812 58.3% 6,421,623 Workers' Compensation Premium 6,498,510 6,498,510 3,790,797 - 2,707,713 58.3% 3,370,243 OSH Charges 361,744 361,744 211,017 - 150,727 58.3% 177,381 Unemployment Insurance Premiu 191,912 191,912 111,948 - 79,964 58.3% 111,948 Investment Income 80,000 80,000 87,735 - (7,735) 109.7% 49,066 Operating Transfers-In 75,825 75,825 44,231 - 31,594 58.3% 44,231 TOTAL REVENUES 20,896,719 20,297,138 11,881,064 - 8,416,074 58.5% 10,174,492

EXPENSES
Salaries & Benefits 964,940 964,259 576,080 - 388,179 59.7% 492,897 Materials, Supplies & Services 21,665,161 22,092,650 9,445,758 423,756 12,223,136 44.7% 9,373,423 Special Projects 409 - 2,057 - (2,057) 694
Capital Outlay Transfers 409 - - - - #DIV/0! 239
TOTAL EXPENSES 22,630,509 23,056,910 10,023,895 423,756 12,609,259 45.3% 9,867,014 Revenue Less Expense (1,733,790) (2,759,771) 1,857,169 (423,756) (4,193,184) 307,478 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 Seven Months Ended January 31, 2025 (59% of Fiscal Year)

SELF INSURANCE TRUST FUND

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

REVENUES
Service charges 8,753,519 8,765,508 5,108,659 - 3,656,850 58.3% 3,604,804 Operating Transfers-In 630,528 630,528 358,142 - 272,386 56.8% 105,285 TOTAL REVENUES 9,384,047 9,396,036 5,466,801 - 3,929,236 58.2% 3,710,089

EXPENSES
Salaries & Benefits 6,127,811 6,123,369 3,130,858 - 2,992,511 51.1% 2,199,950 Materials, Supplies & Serv 3,207,927 3,213,757 2,447,345 110,315 656,096 79.6% 2,026,685 Special Projects 200 200 - - 200 0.0% 150
Capital Outlay Transfers 242,810 242,810 141,639 - 101,171 58.3% 141,083 Equipment 158,940 158,940 23,628 3,374 131,938 17.0% 3,631 TOTAL EXPENSES 9,737,489 9,738,875 5,743,470 113,689 3,881,716 60.1% 4,371,349 Revenue Less Expense (353,441) (342,839) (276,669) (113,689) 47,519 (661,259) from the operating fund is shown in the Capital Transfers.

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Seven Months Ended January 31, 2025 (59% of Fiscal Year)

INFORMATION TECHNOLOGY FUND
NOTE-These figures reflect the operating fund only. Though the capital fund is excluded, the current year contribution

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

REVENUES
Leases - Commercial 2,300,000 2,300,000 1,371,417 - 928,583 59.6% 1,461,758 Leases - Food Service 3,250,000 3,250,000 2,287,004 - 962,996 70.4% 2,185,566 Slip Rental Fees 6,135,835 6,135,835 3,627,745 - 2,508,090 59.1% 3,316,433 Visitors Fees 845,000 845,000 468,871 - 376,129 55.5% 486,670 Slip Transfer Fees 1,100,000 1,100,000 641,800 - 458,200 58.3% 881,800 Parking Revenue 4,368,275 4,368,275 2,891,525 - 1,476,750 66.2% 2,688,096 Wharf Parking 402,500 402,500 216,714 - 185,787 53.8% 183,945 Grants - 27,000 - - 27,000 0.0% -
Other Fees & Charges 277,540 277,540 154,442 - 123,098 55.6% 149,325 Investment Income 394,100 394,100 276,313 - 117,787 70.1% 217,177 Rents & Concessions 475,000 475,000 286,275 - 188,725 60.3% 268,229 Miscellaneous 911,475 911,475 439,535 - 471,940 48.2% 507,577 TOTAL REVENUES 20,459,725 20,486,725 12,661,641 - 7,825,084 61.8% 12,346,577

EXPENSES
Salaries & Benefits 8,945,652 8,926,096 4,941,785 - 3,984,310 55.4% 4,492,174 Materials, Supplies & Svcs. 7,305,281 7,477,218 4,005,659 883,680 2,587,879 65.4% 3,737,125 Special Projects 202,590 232,909 106,438 - 126,471 45.7% 103,078 Debt Service 2,033,432 2,033,432 1,465,887 - 567,545 72.1% 1,466,594 Capital Outlay Transfers 2,275,000 2,275,000 1,327,083 - 947,917 58.3% 962,500 Equipment 146,350 195,471 88,068 749 106,654 45.4% 35,174 Capitalized Fixed Assets 32,500 32,500 - - 32,500 0.0% - Other 10,000 15,000 - 5,000 10,000 33.3% 1,513
Appropriated Reserve 100,000 100,000 - - 100,000 0.0% - TOTAL EXPENSES 21,050,805 21,287,626 11,934,921 889,429 8,463,276 60.2% 10,800,253 Revenue Less Expense (591,080) (800,901) 726,720 (889,429) (638,193) 1,546,323 Miscellaneous
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 Seven Months Ended January 31, 2025 (59% of Fiscal Year)

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

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

REVENUES
Service Charges 53,000,781 53,000,781 19,737,920 - 33,262,861 37.2% 25,383,800 Investment Income 307,000 307,000 573,891 - (266,891) 186.9% 38,603 Miscellaneous - - 125 - (125) -
Grants - - - - - 0.0% 21,060
TOTAL REVENUES 53,307,781 53,307,781 20,311,936 - 32,995,845 38.1% 25,443,463

EXPENSES
Salaries & Benefits 1,719,294 1,718,455 872,097 - 846,358 50.7% 250,076 Materials, Supplies & Svc 47,673,244 50,599,497 24,655,218 2,396,946 23,547,332 53.5% 15,035,162 Special Projects 3,329,223 3,329,969 763,019 - 2,566,950 22.9% 658,170 Debt Service 2,202,038 2,202,038 - - 2,202,038 0.0% -
Equipment 6,500 6,500 387 - 6,113 5.9% -
Other 527,371 527,371 - - 527,371 0.0% -
TOTAL EXPENSES 55,457,671 58,383,829 26,290,721 2,396,946 29,696,162 49.1% 15,943,408 Revenue Less Expense (2,149,890) (5,076,048) (5,978,785) (2,396,946) 3,299,683 9,500,055

CITY OF SANTA BARBARA
Interim Statement of Revenues and Expenditures
For Seven Months Ended January 31, 2025 (59% of Fiscal Year)

SANTA BARBARA CLEAN ENERGY FUND

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

REVENUES
Service charges 2,205,693 2,202,010 1,255,339 - 946,671 57.0% 1,658,909 Miscellaneous 67,750 67,750 39,995 - 27,755 59.0% 39,202 TOTAL REVENUES 2,273,443 2,269,760 1,295,334 - 974,426 57.1% 1,698,111

EXPENSES
Salaries & Benefits 96,540 96,251 49,688 - 46,563 51.6% 435,555 Materials, Supplies & Servic 2,056,213 2,327,914 988,172 128,588 1,211,154 48.0% 1,087,998 Special Projects 173,500 300,954 48,215 62,897 189,842 36.9% 70,212 Transfer-Out - - - - #DIV/0! 240
Equipment - 3,301 - 3,301 - 100.0% 1,053
TOTAL EXPENSES 2,326,253 2,728,419 1,086,075 194,786 1,447,559 46.9% 1,595,058 Revenue Less Expense (52,810) (458,659) 209,259 (194,786) (473,132) 103,053 Miscellaneous
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 Seven Months Ended January 31, 2025 (59% of Fiscal Year)

ENERGY AND CLIMATE MANAGEMENT FUND

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: April 15, 2025
TO: Mayor and Councilmembers
FROM: Finance Department
SUBJECT: February 2025 Investment Report
RECOMMENDATION:

That Council accept the February 2025 Investment Report.

DISCUSSION:

The attached investment report includes Investment Activity, Interest Revenue, a Summary of Cash and Investments, and Investment Portfolio detail as of February 28, 2025.

BUDGET/FINANCIAL INFORMATION:

This action does not have a budget/financial impact on the City.

ATTACHMENTS: 1. February 2025 Investment Report

2. February 2025 Clean Energy CCA Report

3. February 2025 PARS Section 115 Trust
PREPARED BY: Salvatore Parrilla, Treasury Analyst
SUBMITTED BY: Lyndsay Maas, Assistant Finance Director
APPROVED BY: Kelly McAdoo, City Administrator
Agenda Item No. 16
File Code No. 260.02
ENDING BALANCE AS OF February 28, 2025
Yield to
Book Maturity
Description Value (365 days)
US Bank Checking Account $ 21,049,372 0.750%
State of California Local Agency Investment Fund (LAIF) 74,909,978 4.333% Chandler Asset Management - Managed Portfolio 269,138,682 3.240% Total Cash and Investments $ 365,098,032
February 28, 2025
ATTACHMENT 1

CITY OF SANTA BARBARA
Checking Account, LAIF & Managed Portfolio
Summary of Cash and Investments
City of Santa Barbara Managed | Account #11204 | As of February 28, 2025 Execution Time: 03/04/2025 12:26:45 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

PORTFOLIO SUMMARY
Portfolio Characteristics
Sector Allocation
Performance Review
Account Summary
Maturity Distribution
Top Issuers
Credit Quality (S&P)
Total Rate of Return** 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS Since Inception (08/01/24)
City of Santa Barbara Managed 1.01% 1.39% 1.56% -- -- -- -- -- -- Benchmark Return 0.97% 1.40% 1.47% -- -- -- -- -- --
Average Modified Duration 2.55
Average Coupon 2.94%
Average Purchase YTM 3.24%
Average Market YTM 4.19%
Average Credit Quality* AA+
Average Final Maturity 2.82
Average Life 2.79
End Values as of
01/31/2025
End Values as of
02/28/2025
Market Value 263,493,265.24 266,394,301.96
Accrued Interest 1,890,064.82 1,663,472.69
Total Market Value 265,383,330.06 268,057,774.65
Income Earned 711,159.77 681,382.42
Cont/WD 0.00 0.00
Par 270,617,181.45 271,487,915.57
Book Value 268,275,376.15 269,138,682.19
Cost Value 267,859,118.97 268,684,211.57
Government of The United States 38.43%
Federal Home Loan Banks 17.26%
Farm Credit System 7.68%
International Bank for Recon and Dev 4.41%
Federal Home Loan Mortgage Corp 4.08%
FHLMC 3.94%
Federal Agricultural Mortgage Corp 2.60%
U.S. Bancorp 1.53%
**Periods over 1 year are annualized.

Benchmark: ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index Secondary Benchmark:
*The average credit quality is a weighted average calculation of the highest of S&P, Moody’s and Fitch.

City of Santa Barbara Managed | Account #11204 | As of February 28, 2025 Execution Time: 03/04/2025 12:26:45 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
AGENCY
3130AMRJ3 FEDERAL HOME LOAN BANKS 0.6
03/28/2025 2,000,000.00 06/28/20210.60%
2,000,000.00
2,000,000.00

99.74 4.32%
1,994,832.60
5,100.00

0.75%
(5,167.40)
AAA/AA
AA

0.08 0.07
3130AMMT6 FEDERAL HOME LOAN BANKS

0.69 06/10/2025 2,000,000.00 06/10/20210.69%
2,000,000.00
2,000,000.00

98.98 4.50%
1,979,684.98
3,105.00

0.74%
(20,315.02)
AAA/AA
AA

0.28 0.27
3136G4U92 FEDERAL NATIONAL MORTGAGE
ASSOCIATION 0.6 08/26/2025 4,000,000.00 08/26/20200.60% 4,000,000.00
4,000,000.00

98.23 4.36%
3,929,256.32
333.33

1.47%
(70,743.68)
AAA/AA
AA

0.49 0.47
31422XBA9

FEDERAL AGRICULTURAL
MORTGAGE CORP 0.48
09/22/2025
3,000,000.00 03/02/2021

0.48%
3,000,000.00
3,000,000.00

97.93 4.32%
2,937,755.55
6,360.00

1.10%
(62,244.45)
AAA/AA
AA

0.56 0.54
3130ALAR5 FEDERAL HOME LOAN BANKS 0.5
11/25/2025 3,000,000.00 02/25/20210.50%
3,000,000.00
3,000,000.00

97.34 4.22%
2,920,054.89
250.00

1.10%
(79,945.11)
AAA/AA
AA

0.74 0.72
3134GXCS1

FEDERAL HOME LOAN
MORTGAGE CORP 0.625
11/25/2025
3,000,000.00 11/25/2020

0.63%
3,000,000.00
3,000,000.00

97.43 4.25%
2,922,890.70
5,000.00

1.10%
(77,109.30)
AAA/AA
AA

0.74 0.71
3130AMFM9 FEDERAL HOME LOAN BANKS 0.9
12/26/2025 3,000,000.00 05/26/2021

0.90%
3,000,000.00
3,000,000.00

97.34 4.25%
2,920,314.45
7,125.00

1.10%
(79,685.55)
AAA/AA
AA

0.82 0.79
3130AKSV9 FEDERAL HOME LOAN BANKS

0.75 01/28/2026 3,000,000.00 01/28/20210.65%
3,000,000.00
3,000,000.00

96.99 4.19%
2,909,582.79
2,062.50

1.09%
(90,417.21)
AAA/AA
AA

0.91 0.88
3130AKPQ3 FEDERAL HOME LOAN BANKS

0.58 01/28/2026 3,000,000.00 01/28/20210.58%
3,000,000.00
3,000,000.00

96.79 4.24%
2,903,771.19
1,595.00

1.09%
(96,228.81)
AAA/AA
AA

0.91 0.88
3130AKQA7 FEDERAL HOME LOAN BANKS 0.7
01/28/2026 3,000,000.00 01/28/20210.61%
3,000,000.00
3,000,000.00

96.94 4.19%
2,908,269.00
1,925.00

1.09%
(91,731.00)
AAA/AA
AA

0.91 0.88
3130ALGY4 FEDERAL HOME LOAN BANKS 1.0
03/16/2026 2,000,000.00 03/16/20210.80%
2,000,000.00
2,000,000.00

96.82 4.16%
1,936,491.74
9,166.67

0.73%
(63,508.26)
AAA/AA
AA

1.04 1.01
3130ARKG5 FEDERAL HOME LOAN BANKS 3.0
04/21/2026 2,000,000.00 04/21/20223.00%
2,000,000.00
2,000,000.00

98.66 4.22%
1,973,209.48
21,666.67

0.74%
(26,790.52)
AAA/AA
AA

1.14 1.09
31422X2U5

FEDERAL AGRICULTURAL
MORTGAGE CORP 3.625
05/15/2026
2,000,000.00 05/15/2023

3.62%
2,000,000.00
2,000,000.00

99.43 4.11%
1,988,595.54
21,347.22

0.75%
(11,404.46)
AAA/AA
AA

1.21 1.15
3130AMDY5 FEDERAL HOME LOAN BANKS 1.0
05/20/2026 2,000,000.00 05/20/20211.00%
2,000,000.00
2,000,000.00

96.21 4.23%
1,924,263.06
5,611.11

0.72%
(75,736.94)
AAA/AA
AA

1.22 1.18
3133ENXS4

FEDERAL FARM CREDIT
BANKS FUNDING CORP 3.375
05/26/2026
3,000,000.00 05/26/2022

3.38%
3,000,000.00
3,000,000.00

98.91 4.29%
2,967,253.65
26,718.75

1.11%
(32,746.35)
AAA/AA
AA

1.24 1.18
City of Santa Barbara Managed | Account #11204 | As of February 28, 2025 Execution Time: 03/04/2025 12:26:45 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
3130AMMZ2 FEDERAL HOME LOAN BANKS 1.0
06/10/2026 2,000,000.00 06/10/20211.00%
2,000,000.00
2,000,000.00

96.05 4.23%
1,920,991.06
4,500.00

0.72%
(79,008.94)
AAA/AA
AA

1.28 1.24
3133EMH21 FEDERAL FARM CREDIT BANKS
FUNDING CORP 0.9 06/15/2026 2,000,000.00 06/15/20210.90% 2,000,000.00
2,000,000.00

95.92 4.20%
1,918,394.00
3,800.00

0.72%
(81,606.00)
AAA/AA
AA

1.29 1.25
3133ENHV5 FEDERAL FARM CREDIT BANKS
FUNDING CORP 1.39 06/22/2026 3,000,000.00 12/22/20211.39% 3,000,000.00
3,000,000.00

96.51 4.17%
2,895,273.09
7,992.50

1.09%
(104,726.91)
AAA/AA
AA

1.31 1.27
3133EM4S8 FEDERAL FARM CREDIT BANKS
FUNDING CORP 0.87 09/08/2026 2,000,000.00 09/08/20210.87% 2,000,000.00
2,000,000.00

95.26 4.13%
1,905,231.64
8,361.67

0.72%
(94,768.36)
AAA/AA
AA

1.53 1.47
3130ANXS4 FEDERAL HOME LOAN BANKS 0.9
09/28/2026 2,000,000.00 09/28/2021

0.90%
2,000,000.00
2,000,000.00

95.12 4.15%
1,902,307.16
7,650.00

0.71%
(97,692.84)
AAA/AA
AA

1.58 1.52
3133ENT67 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.25 10/19/2026 3,000,000.00 10/19/20224.26% 2,998,500.00
2,999,387.06
100.22

4.11%
3,006,546.90
46,750.00

1.13%
7,159.84
AAA/AA
AA

1.64 1.53
3130APHA6 FEDERAL HOME LOAN BANKS

1.25 10/28/2026 2,000,000.00 10/28/20211.12%
2,000,000.00
2,000,000.00

95.48 4.10%
1,909,689.54
8,541.67

0.72%
(90,310.46)
AAA/AA
AA

1.66 1.60
3133ENLZ1 FEDERAL FARM CREDIT BANKS
FUNDING CORP 1.78 01/26/2027 3,000,000.00 01/27/20221.78% 3,000,000.00
3,000,000.00

95.79 4.11%
2,873,645.64
5,191.67

1.08%
(126,354.36)
AAA/AA
AA

1.91 1.83
3130AQMX8 FEDERAL HOME LOAN BANKS

2.25 01/26/2027 3,000,000.00 01/26/20221.79%
3,000,000.00
3,000,000.00

96.70 4.07%
2,900,990.40
6,562.50

1.09%
(99,009.60)
AAA/AA
AA

1.91 1.83
3133ENPB0 FEDERAL FARM CREDIT BANKS
FUNDING CORP 2.18 02/16/2027 3,000,000.00 02/16/20222.18% 3,000,000.00
3,000,000.00

96.38 4.13%
2,891,331.66
2,725.00

1.09%
(108,668.34)
AAA/AA
AA

1.97 1.88
3130ARCB5 FEDERAL HOME LOAN BANKS

2.375 03/29/2027 3,000,000.00 03/29/20222.37%
3,000,000.00
3,000,000.00

96.48 4.16%
2,894,518.71
30,083.33

1.09%
(105,481.29)
AAA/AA
AA

2.08 1.97
3133EPEE1 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.0 03/29/2027 2,000,000.00 03/29/20234.00% 2,000,000.00
2,000,000.00

99.94 4.03%
1,998,736.64
33,777.78

0.75%
(1,263.36)
AAA/AA
AA

2.08 1.94
31422X2W1

FEDERAL AGRICULTURAL
MORTGAGE CORP 4.1
05/19/2027
2,000,000.00 05/19/2023

4.10%
2,000,000.00
2,000,000.00

99.63 4.27%
1,992,587.64
23,233.33

0.75%
(7,412.36)
AAA/AA
AA

2.22 2.07
3134GXVN1

FEDERAL HOME LOAN
MORTGAGE CORP 3.5
06/23/2027
3,000,000.00 06/23/2022

3.50%
3,000,000.00
3,000,000.00

98.51 4.18%
2,955,412.29
19,833.33

1.11%
(44,587.71)
AAA/AA
AA

2.31 2.17
3134GYPF3

FEDERAL HOME LOAN
MORTGAGE CORP 4.75
07/12/2027
2,000,000.00 04/12/2023

4.75%
2,000,000.00
2,000,000.00

99.89 4.80%
1,997,745.34
12,930.56

0.75%
(2,254.66)
AAA/AA
AA

2.37 2.19
3130AWWN6 FEDERAL HOME LOAN BANKS 4.5
09/10/2027 2,000,000.00 08/24/20234.51%
1,999,120.00
1,999,450.45
101.16

4.01%
2,023,218.44
42,750.00

0.76%
23,767.99
AAA/AA
AA

2.53 2.31
City of Santa Barbara Managed | Account #11204 | As of February 28, 2025 Execution Time: 03/04/2025 12:26:45 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
3134GX3H5

FEDERAL HOME LOAN
MORTGAGE CORP 4.75
09/29/2027
3,000,000.00 09/29/2022

4.75%
3,000,000.00
3,000,000.00

99.84 4.82%
2,995,062.60
60,166.67

1.12%
(4,937.40)
AAA/AA
AA

2.58 2.35
3130AWC24 FEDERAL HOME LOAN BANKS 4.0
06/09/2028 2,000,000.00 06/26/20234.07%
1,993,600.00
1,995,771.05

99.97 4.01%
1,999,416.02
18,222.22

0.75%
3,644.97
AAA/AA
AA

3.28 3.01
3130ATHX8 FEDERAL HOME LOAN BANKS

4.125 09/14/2029 3,000,000.00 10/17/20243.93%
3,025,380.00
3,023,482.17
100.11

4.10%
3,003,414.84
57,406.25

1.13%
(20,067.33)
AAA/AA
AA

4.54 4.02
3130ATUT2 FEDERAL HOME LOAN BANKS 4.5
12/14/2029 3,000,000.00 12/16/2024

4.29%
3,028,440.00
3,027,285.55
101.98

4.04%
3,059,256.00
28,875.00

1.15%
31,970.45
AAA/AA
AA

4.79 4.23
Total Agency 90,000,000.00 2.11%
90,045,040.00
90,045,376.28

97.99 4.22%
88,159,995.55
546,719.72

33.09%
(1,885,380.73)

1.65 1.54

AGENCY CMBS
3137FLMV3 FHMS K-090 A2 3.422
02/25/2029 1,357,000.00 02/12/20254.73%
1,292,065.43
1,292,560.08

96.79 4.29%
1,313,428.90
3,869.71

0.49%
20,868.82

AAA/AAA
AA

3.99 3.59
3137FLN91 FHMS K-091 A2 3.505
03/25/2029 2,570,000.00 09/20/20243.80%
2,537,272.66
2,540,448.30

97.06 4.29%
2,494,544.80
7,506.54

0.94%
(45,903.50)

AAA/AAA
AA

4.07 3.61
3137FMCR1 FHMS K-093 A2 2.982
05/25/2029 2,500,000.00 09/19/20243.82%
2,411,914.06
2,420,198.33

95.08 4.29%
2,376,993.00
6,212.50

0.89%
(43,205.33)
AAA/AA
AAA

4.24 3.73
3137FPHK4 FHMS K-098 A2 2.425
08/25/2029 2,100,000.00 10/01/20243.83%
1,970,718.74
1,981,577.78

92.47 4.31%
1,941,965.76
4,243.75

0.73%
(39,612.02)
AAA/AA
AAA

4.49 4.06
3137H9D71 FHMS K-750 A2 3.0 09/25/2029 2,500,000.00 11/15/2024

4.62%
2,336,718.75
2,346,164.00

94.88 4.34%
2,371,965.75
6,250.00

0.89%
25,801.75
AAA/AA
AAA

4.57 3.83
Total Agency
CMBS 11,027,000.00 4.11%
10,548,689.64
10,580,948.50

95.24 4.30%
10,498,898.21
28,082.50

3.94%
(82,050.29)

4.29 3.77
CASH
CCYUSD Receivable 3,531.90 --

0.00%
3,531.90
3,531.90

1.00 0.00%
3,531.90

0.00 0.00%

0.00 AAA/AAA
AAA

0.00 0.00
Total Cash 3,531.90 0.00%
3,531.90
3,531.90

1.00 0.00%
3,531.90

0.00 0.00%

0.00 0.00

0.00 CORPORATE
037833EB2 APPLE INC 0.7 02/08/2026 3,000,000.00 02/17/2021

0.71%
2,999,250.00
2,999,858.01

96.73 4.32%
2,902,021.26
1,341.67

1.09%
(97,836.75)
AAA/AA
NA

0.94 0.91
City of Santa Barbara Managed | Account #11204 | As of February 28, 2025 Execution Time: 03/04/2025 12:26:45 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
74153WCU1 PRICOA GLOBAL FUNDING I 4.4
08/27/2027 3,500,000.00 08/20/20244.41%
3,499,230.00
3,499,360.79
100.08

4.37%
3,502,791.32
1,711.11

1.31%
3,430.53
AA/AA
AA

2.49 2.33
66815L2T5

NORTHWESTERN MUTUAL
GLOBAL FUNDING 4.11
09/12/2027
2,440,000.00 09/05/2024

4.11%
2,439,926.80
2,439,938.16

99.29 4.41%
2,422,604.90
47,077.77

0.91%
(17,333.27)
AAA/AA
AAA

2.54 2.33
61690DK72 MORGAN STANLEY BANK NA

5.016 01/12/2029 3,250,000.00 02/13/2025

4.93%
3,257,345.00
3,257,241.26
100.94

4.81%
3,280,505.02
18,113.33

1.23%
23,263.76
AA/A
AA

3.87 2.62
78016HZV5 ROYAL BANK OF CANADA 4.95
02/01/2029 2,750,000.00 12/09/20244.59%
2,787,207.50
2,785,216.87
101.32

4.58%
2,786,263.95
11,343.75

1.05%
1,047.07
A/A
AA

3.93 3.51
09247XAP6 BLACKROCK FINANCE INC 3.25
04/30/2029 3,400,000.00 07/29/2024

4.60%
3,205,996.00
3,229,925.02

95.63 4.41%
3,251,532.30
37,140.28

1.22%
21,607.28
AA/AA
NA

4.17 3.79
89236TMF9 TOYOTA MOTOR CREDIT CORP

5.05 05/16/2029 3,250,000.00 12/04/20244.55%
3,314,675.00
3,311,247.98
101.92

4.54%
3,312,258.27
47,869.79

1.24%
1,010.29
A/A
A

4.21 3.71
24422EXT1 JOHN DEERE CAPITAL CORP 4.85
06/11/2029 3,250,000.00 07/18/20244.62%
3,281,980.00
3,277,955.67
101.57

4.44%
3,301,165.34
35,027.78

1.24%
23,209.66
A/A
A

4.28 3.79
437076DC3 HOME DEPOT INC 4.75
06/25/2029 3,250,000.00 07/18/20244.59%
3,272,652.50
3,269,774.57
101.07

4.47%
3,284,750.98
28,302.08

1.23%
14,976.41
A/A
A

4.32 3.76
532457CQ9 ELI LILLY AND CO 4.2 08/14/2029 3,275,000.00 08/12/2024

4.24%
3,268,882.55
3,269,549.24

99.29 4.38%
3,251,756.18
6,495.42

1.22%
(17,793.06)
AA/A
NA

4.46 4.01
171239AL0 CHUBB INA HOLDINGS LLC 4.65
08/15/2029 2,800,000.00 08/15/20244.47%
2,821,364.00
2,819,018.01
100.60

4.50%
2,816,694.08
5,786.67

1.06%
(2,323.93)
A/A
A

4.46 3.91
14913UAQ3

CATERPILLAR FINANCIAL
SERVICES CORP 4.375
08/16/2029
3,275,000.00 08/12/2024

4.40%
3,270,820.05
3,271,271.01

99.58 4.48%
3,261,188.18
5,970.05

1.22%
(10,082.83)
A/A
A

4.46 4.00
69371RT48 PACCAR FINANCIAL CORP 4.0
09/26/2029 1,600,000.00 09/23/20244.05%
1,596,704.00
1,596,985.59

98.26 4.43%
1,572,116.18
27,555.56

0.59%
(24,869.41)
A/A
NA

4.57 4.05
857449AE2 STATE STREET BANK AND TRUST
CO 4.782 11/23/2029 2,750,000.00 12/09/20244.56%
2,776,977.50
2,775,769.55
101.04

4.53%
2,778,715.67
35,068.00

1.04%
2,946.11
AA/AA
AA

4.73 4.14
59217GFT1 METROPOLITAN LIFE GLOBAL
FUNDING I 4.9 01/09/2030 3,100,000.00 --4.96%
3,092,094.00
3,092,244.82
101.03

4.66%
3,131,912.14
21,941.11

1.18%
39,667.32
AA/AA
AA

4.86 4.25
Total Corporate 44,890,000.00 4.28%
44,885,104.90
44,895,356.56

99.96 4.49%
44,856,275.75
330,744.36

16.84%
(39,080.81)

3.89 3.40

MONEY MARKET
FUND
City of Santa Barbara Managed | Account #11204 | As of February 28, 2025 Execution Time: 03/04/2025 12:26:45 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
31846V807 FIRST AMER:TRS OBG Y 4,087,383.67 --

3.98%
4,087,383.67
4,087,383.67

1.00 3.98%
4,087,383.67

0.00 1.53%

0.00 AAA/AAA
AAA

0.00 0.00
Total Money
Market Fund 4,087,383.67 3.98%
4,087,383.67
4,087,383.67

1.00 3.98%
4,087,383.67

0.00 1.53%

0.00 0.00

0.00 MUNICIPAL
BONDS
13063EGT7 CALIFORNIA STATE 4.5
08/01/2029 2,715,000.00 10/30/2024

4.37%
2,729,308.05
2,728,348.67
100.95

4.26%
2,740,713.77
10,181.25

1.03%
12,365.10
AA/AA
AA

4.42 3.95
Total Municipal
Bonds 2,715,000.00 4.37%
2,729,308.05
2,728,348.67
100.95

4.26%
2,740,713.77
10,181.25

1.03%
12,365.10

4.42 3.95

SUPRANATIONAL
459058JL8

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 0.5 10/28/2025
3,000,000.00 01/22/2021

0.50%
3,000,000.00
3,000,000.00

97.56 4.33%
2,926,793.46
5,125.00

1.10%
(73,206.54)

AAA/AAA
NA

0.66 0.64
45950VPU4 INTERNATIONAL FINANCE CORP

0.75 03/23/2026 2,000,000.00 03/23/20210.81%
1,994,600.00
1,998,855.53

96.26 4.41%
1,925,211.40
6,583.33

0.72%
(73,644.13)

AAA/AAA
NA

1.06 1.03
45906M3G4

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.0 09/09/2027
3,000,000.00 09/09/2022

4.00%
3,000,000.00
3,000,000.00

99.50 4.21%
2,985,060.57
57,333.33

1.12%
(14,939.43)
AAA/NA
NA

2.53 2.32
45906M4E8

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.5 06/26/2028
2,000,000.00 06/26/2023

4.53%
1,997,500.00
1,998,340.18
100.03

4.49%
2,000,523.58
16,250.00

0.75%
2,183.40

AAA/AAA
NA

3.33 1.25
459058LN1

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.875 10/16/2029
3,865,000.00 --

4.25%
3,846,482.35
3,847,817.57

99.03 4.11%
3,827,460.03
56,163.28

1.44%
(20,357.54)

AAA/AAA
NA

4.63 4.13
Total
Supranational 13,865,000.00 2.95%
13,838,582.35
13,845,013.28

98.57 4.28%
13,665,049.04
141,454.95

5.13%
(179,964.24)

2.63 2.13

US TREASURY
91282CAB7 UNITED STATES TREASURY 0.25
07/31/2025 3,000,000.00 02/12/20214.30%
2,982,773.44
2,998,393.60

98.35 4.30%
2,950,476.57
600.83

1.11%
(47,917.03)
AAA/AA
AA

0.42 0.41
91282CBC4 UNITED STATES TREASURY 0.375
12/31/2025 2,000,000.00 06/02/20210.70%
1,970,768.30
1,994,670.85

96.95 4.16%
1,938,906.24
1,243.09

0.73%
(55,764.61)
AAA/AA
AA

0.84 0.81
City of Santa Barbara Managed | Account #11204 | As of February 28, 2025 Execution Time: 03/04/2025 12:26:45 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CBW0 UNITED STATES TREASURY 0.75
04/30/2026 3,000,000.00 01/12/20221.45%
2,912,812.50
2,976,383.25

96.23 4.11%
2,886,796.86
7,520.72

1.08%
(89,586.39)
AAA/AA
AA

1.17 1.13
91282CCF6 UNITED STATES TREASURY 0.75
05/31/2026 2,000,000.00 09/24/20210.88%
1,988,281.25
1,996,875.00

96.00 4.08%
1,920,000.00
3,750.00

0.72%
(76,875.00)
AAA/AA
AA

1.25 1.21
91282CCP4 UNITED STATES TREASURY 0.625
07/31/2026 2,000,000.00 09/24/20210.90%
1,973,950.30
1,992,395.43

95.35 4.04%
1,906,953.12
1,001.38

0.72%
(85,442.31)
AAA/AA
AA

1.42 1.38
91282CCW9 UNITED STATES TREASURY 0.75
08/31/2026 2,000,000.00 10/08/20211.00%
1,975,781.25
1,992,577.25

95.27 4.05%
1,905,390.62

40.76 0.72%
(87,186.63)
AAA/AA
AA

1.50 1.46
91282CCZ2 UNITED STATES TREASURY 0.875
09/30/2026 2,000,000.00 10/08/2021

1.02%
1,986,406.25
1,995,678.11

95.21 4.04%
1,904,296.88
7,307.69

0.71%
(91,381.23)
AAA/AA
AA

1.59 1.53
912828YU8 UNITED STATES TREASURY 1.625
11/30/2026 2,000,000.00 02/28/20221.86%
1,978,437.50
1,992,063.11

96.02 4.01%
1,920,312.50
8,125.00

0.72%
(71,750.61)
AAA/AA
AA

1.75 1.69
912828YX2 UNITED STATES TREASURY 1.75
12/31/2026 2,000,000.00 03/17/20222.17%
1,961,956.00
1,985,434.58

96.07 4.00%
1,921,484.38
5,801.11

0.72%
(63,950.20)
AAA/AA
AA

1.84 1.77
91282CFH9 UNITED STATES TREASURY 3.125
08/31/2027 2,000,000.00 02/09/20244.17%
1,931,718.75
1,952,008.64

97.98 3.98%
1,959,687.50
169.84

0.74%
7,678.86
AAA/AA
AA

2.50 2.37
91282CFU0 UNITED STATES TREASURY 4.125
10/31/2027 2,000,000.00 06/28/20234.12%
2,000,000.00
2,000,000.00
100.38

3.97%
2,007,500.00
27,575.97

0.75%
7,500.00
AAA/AA
AA

2.67 2.46
91282CFZ9 UNITED STATES TREASURY 3.875
11/30/2027 2,000,000.00 01/25/20244.10%
1,984,380.00
1,988,838.09

99.73 3.98%
1,994,609.38
19,375.00

0.75%
5,771.29
AAA/AA
AA

2.75 2.55
91282CMB4 UNITED STATES TREASURY 4.0
12/15/2027 3,000,000.00 12/16/20244.22%
2,981,601.56
2,982,847.20
100.09

3.97%
3,002,578.14
25,054.95

1.13%
19,730.94
AAA/AA
AA

2.79 2.59
91282CGC9 UNITED STATES TREASURY 3.875
12/31/2027 3,000,000.00 01/25/20244.08%
2,977,500.00
2,983,783.08

99.75 3.97%
2,992,500.00
19,267.96

1.12%
8,716.92
AAA/AA
AA

2.84 2.64
91282CGH8 UNITED STATES TREASURY 3.5
01/31/2028 2,000,000.00 01/25/20244.08%
1,957,414.00
1,969,054.75

98.70 3.98%
1,973,984.38
5,607.73

0.74%
4,929.63
AAA/AA
AA

2.92 2.73
9128283W8 UNITED STATES TREASURY 2.75
02/15/2028 5,000,000.00 12/09/20244.10%
4,800,781.25
4,814,668.27

96.63 3.97%
4,831,250.00
5,317.68

1.81%
16,581.73
AAA/AA
AA

2.96 2.80
91282CGP0 UNITED STATES TREASURY 4.0
02/29/2028 2,000,000.00 06/28/20234.06%
1,995,000.00
1,996,792.62
100.06

3.98%
2,001,171.88
217.39

0.75%
4,379.26
AAA/AA
AA

3.00 2.79
91282CGT2 UNITED STATES TREASURY 3.625
03/31/2028 2,000,000.00 01/25/20244.07%
1,966,020.00
1,974,943.37

98.99 3.98%
1,979,765.62
30,274.73

0.74%
4,822.25
AAA/AA
AA

3.09 2.84
91282CHA2 UNITED STATES TREASURY 3.5
04/30/2028 2,000,000.00 01/25/20244.06%
1,956,484.36
1,967,691.66

98.57 3.99%
1,971,328.12
23,397.79

0.74%
3,636.46
AAA/AA
AA

3.17 2.92
91282CHE4 UNITED STATES TREASURY 3.625
05/31/2028 2,000,000.00 01/25/2024

4.07%
1,965,180.00
1,973,972.71

98.91 3.98%
1,978,281.24
18,125.00

0.74%
4,308.53
AAA/AA
AA

3.25 3.00
City of Santa Barbara Managed | Account #11204 | As of February 28, 2025 Execution Time: 03/04/2025 12:26:45 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CHQ7 UNITED STATES TREASURY 4.125
07/31/2028 3,000,000.00 01/25/20244.29%
3,007,950.00
3,006,016.74
100.46

3.98%
3,013,945.32
9,913.67

1.13%
7,928.58
AAA/AA
AA

3.42 3.15
91282CHX2 UNITED STATES TREASURY 4.375
08/31/2028 2,000,000.00 02/23/20244.35%
2,002,000.00
2,001,549.36
101.24

3.99%
2,024,765.62
237.77

0.76%
23,216.26
AAA/AA
AA

3.51 3.21
91282CJN2 UNITED STATES TREASURY 4.375
11/30/2028 2,000,000.00 02/23/20244.33%
2,003,722.00
2,002,927.18
101.29

4.00%
2,025,859.38
21,875.00

0.76%
22,932.20
AAA/AA
AA

3.76 3.39
91282CJR3 UNITED STATES TREASURY 3.75
12/31/2028 3,000,000.00 01/25/20244.04%
2,961,093.75
2,969,751.58

99.11 4.00%
2,973,164.07
18,646.41

1.12%
3,412.49
AAA/AA
AA

3.84 3.51
91282CDW8 UNITED STATES TREASURY 1.75
01/31/2029 5,000,000.00 10/29/2024

4.16%
4,535,156.25
4,571,649.77

91.92 4.00%
4,596,093.75
7,009.67

1.73%
24,443.98
AAA/AA
AA

3.93 3.71
91282CEB3 UNITED STATES TREASURY 1.875
02/28/2029 3,000,000.00 11/12/20244.30%
2,717,226.56
2,736,703.30

92.22 4.00%
2,766,679.68
152.85

1.04%
29,976.38
AAA/AA
AA

4.00 3.78
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 5,000,000.00 12/09/20244.09%
5,005,664.06
5,005,372.21
100.44

4.01%
5,021,875.00
86,126.37

1.89%
16,502.79
AAA/AA
AA

4.08 3.66
9128286T2 UNITED STATES TREASURY 2.375
05/15/2029 5,000,000.00 10/29/20244.14%
4,637,304.69
4,663,992.76

93.76 4.00%
4,687,890.60
34,772.10

1.76%
23,897.84
AAA/AA
AA

4.21 3.91
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029 2,000,000.00 01/13/20254.59%
1,992,812.50
1,993,019.40
101.91

4.01%
2,038,126.00
22,500.00

0.77%
45,106.60
AAA/AA
AA

4.25 3.80
91282CEV9 UNITED STATES TREASURY 3.25
06/30/2029 5,000,000.00 10/23/20244.07%
4,825,585.94
4,838,641.50

96.98 4.02%
4,849,218.75
26,933.70

1.82%
10,577.25
AAA/AA
AA

4.33 3.97
91282CFC0 UNITED STATES TREASURY 2.625
07/31/2029 5,500,000.00 10/04/20243.79%
5,221,347.66
5,244,330.93

94.45 4.01%
5,194,921.88
11,565.95

1.95%
(49,409.06)
AAA/AA
AA

4.42 4.10
91282CLK5 UNITED STATES TREASURY 3.625
08/31/2029 5,400,000.00 09/20/20243.53%
5,422,781.25
5,420,772.25

98.45 4.00%
5,316,468.75
531.93

2.00%
(104,303.50)
AAA/AA
AA

4.50 4.10
91282CLN9 UNITED STATES TREASURY 3.5
09/30/2029 4,000,000.00 10/03/20243.61%
3,979,218.75
3,980,906.80

97.88 4.01%
3,915,000.00
58,461.54

1.47%
(65,906.80)
AAA/AA
AA

4.59 4.12
91282CFT3 UNITED STATES TREASURY 4.0
10/31/2029 5,000,000.00 12/09/20244.33%
4,981,250.00
4,982,100.36

99.91 4.02%
4,995,703.10
66,850.83

1.88%
13,602.74
AAA/AA
AA

4.67 4.16
91282CMA6 UNITED STATES TREASURY 4.125
11/30/2029 3,000,000.00 12/04/20244.08%
3,006,210.94
3,005,917.62
100.52

4.00%
3,015,468.75
30,937.50

1.13%
9,551.13
AAA/AA
AA

4.75 4.23
Total US Treasury 104,900,000.00 3.63%
102,546,571.06
102,952,723.34

97.67 4.02%
102,382,454.08
606,289.91

38.43%
(570,269.26)

3.32 3.05
Total Portfolio 271,487,915.57 3.24%
268,684,211.57
269,138,682.19

96.66 4.19%
266,394,301.96
1,663,472.69
100.00%
(2,744,380.23)

2.82 2.55
City of Santa Barbara Managed | Account #11204 | As of February 28, 2025 Execution Time: 03/04/2025 12:26:45 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
Total Market
Value + Accrued 268,057,774.65
City of Santa Barbara Managed | Account #11204 | As of February 28, 2025 Execution Time: 03/04/2025 12:26:45 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount Interest Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 02/03/2025 31846V807 68,062.50 FIRST AMER:TRS OBG Y 1.000 4.00% (68,062.50) 0.00 (68,062.50) 0.00 Purchase 02/03/2025 31846V807 29,186.25 FIRST AMER:TRS OBG Y 1.000 4.00% (29,186.25) 0.00 (29,186.25) 0.00 Purchase 02/04/2025 31846V807 6,382.97 FIRST AMER:TRS OBG Y 1.000 4.00% (6,382.97) 0.00 (6,382.97) 0.00 Purchase 02/10/2025 31846V807 10,500.00 FIRST AMER:TRS OBG Y 1.000 3.99% (10,500.00) 0.00 (10,500.00) 0.00 Purchase 02/13/2025 31846V807 2,030,275.00 FIRST AMER:TRS OBG Y 1.000 3.99% (2,030,275.00) 0.00 (2,030,275.00) 0.00 Purchase 02/14/2025 61690DK72 3,250,000.00 MORGAN STANLEY BANK NA 5.016 01/12/2029 100.226 4.93% (3,257,345.00) (10,415.17) (3,267,760.17) 0.00 Purchase 02/14/2025 59217GFT1 1,000,000.00

METROPOLITAN LIFE
GLOBAL FUNDING I 4.9
01/09/2030

99.642 4.98% (996,420.00) (4,763.89) (1,001,183.89) 0.00 Purchase 02/18/2025 3137FLMV3 1,357,000.00 FHMS K-090 A2 3.422 02/25/2029 95.215 4.73% (1,292,065.43) (2,192.84) (1,294,258.27) 0.00 Purchase 02/25/2025 31846V807 24,212.79 FIRST AMER:TRS OBG Y 1.000 3.98% (24,212.79) 0.00 (24,212.79) 0.00 Purchase 02/26/2025 31846V807 12,000.00 FIRST AMER:TRS OBG Y 1.000 3.98% (12,000.00) 0.00 (12,000.00) 0.00 Purchase 02/27/2025 31846V807 77,000.00 FIRST AMER:TRS OBG Y 1.000 3.97% (77,000.00) 0.00 (77,000.00) 0.00 Purchase 02/28/2025 31846V807 3,254,125.00 FIRST AMER:TRS OBG Y 1.000 3.98% (3,254,125.00) 0.00 (3,254,125.00) 0.00 Total Purchase 11,118,744.51 (11,057,574.94) (17,371.90) (11,074,946.84) 0.00 TOTAL
ACQUISITIONS 11,118,744.51 (11,057,574.94) (17,371.90) (11,074,946.84) 0.00

DISPOSITIONS
Maturity 02/28/2025 3130AQDB6 (3,000,000.00) FEDERAL HOME LOAN BANKS 1.125 02/28/2025 100.000 1.13% 3,000,000.00 0.00 3,000,000.00 0.00 Total Maturity (3,000,000.00) 3,000,000.00 0.00 3,000,000.00 0.00 Sale 02/10/2025 31846V807 (10,055.42) FIRST AMER:TRS OBG Y 1.000 3.99% 10,055.42 0.00 10,055.42 0.00 Sale 02/13/2025 3130AUU36 (2,000,000.00) FEDERAL HOME LOAN BANKS 4.125 03/13/2026 99.795 4.14% 1,995,900.00 (34,375.00) 2,030,275.00 (3,788.78) Sale 02/14/2025 3133ENJ35 (3,000,000.00)

FEDERAL FARM CREDIT

BANKS FUNDING CORP

3.32 02/25/2026

98.980 3.47% 2,969,400.00 (46,756.67) 3,016,156.67 (26,274.36) Sale 02/14/2025 31846V807 (1,184,012.39) FIRST AMER:TRS OBG Y 1.000 3.98% 1,184,012.39 0.00 1,184,012.39 0.00 Sale 02/18/2025 31846V807 (1,050,642.64) FIRST AMER:TRS OBG Y 1.000 3.98% 1,050,642.64 0.00 1,050,642.64 0.00 City of Santa Barbara Managed | Account #11204 | As of February 28, 2025 Execution Time: 03/04/2025 12:26:45 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount Interest Pur/Sold Total Amount Gain/Loss Sale 02/25/2025 31846V807 (448.87) FIRST AMER:TRS OBG Y 1.000 3.98% 448.87 0.00 448.87 0.00 Total Sale (7,245,159.32) 7,210,459.32 (81,131.67) 7,291,590.99 (30,063.15) TOTAL
DISPOSITIONS (10,245,159.32) 10,210,459.32 (81,131.67) 10,291,590.99 (30,063.15) OTHER

TRANSACTIONS
Coupon 02/01/2025 3137FLN91 0.00 FHMS K-091 A2 3.505
03/25/2029 3.79% 7,506.54 0.00 7,506.54 0.00
Coupon 02/01/2025 3137FMCR1 0.00 FHMS K-093 A2 2.982
05/25/2029 3.82% 6,212.50 0.00 6,212.50 0.00
Coupon 02/01/2025 3137FPHK4 0.00 FHMS K-098 A2 2.425
08/25/2029 3.82% 4,243.75 0.00 4,243.75 0.00
Coupon 02/01/2025 13063EGT7 0.00 CALIFORNIA STATE 4.5
08/01/2029 4.38% 29,186.25 0.00 29,186.25 0.00
Coupon 02/01/2025 78016HZV5 0.00 ROYAL BANK OF CANADA

4.95 02/01/2029 4.59% 68,062.50 0.00 68,062.50 0.00
Coupon 02/01/2025 3137H9D71 0.00 FHMS K-750 A2 3.0
09/25/2029 4.62% 6,250.00 0.00 6,250.00 0.00
Coupon 02/08/2025 037833EB2 0.00 APPLE INC 0.7
02/08/2026 0.71% 10,500.00 0.00 10,500.00 0.00
Coupon 02/14/2025 532457CQ9 0.00 ELI LILLY AND CO 4.2
08/14/2029 4.24% 68,775.00 0.00 68,775.00 0.00
Coupon 02/15/2025 9128283W8 0.00 UNITED STATES TREASURY

2.75 02/15/2028 4.10% 68,750.00 0.00 68,750.00 0.00
Coupon 02/15/2025 171239AL0 0.00 CHUBB INA HOLDINGS
LLC 4.65 08/15/2029 4.47% 70,525.00 0.00 70,525.00 0.00 Coupon 02/16/2025 3133ENPB0 0.00

FEDERAL FARM CREDIT

BANKS FUNDING CORP

2.18 02/16/2027

2.18% 32,700.00 0.00 32,700.00 0.00
Coupon 02/16/2025 14913UAQ3 0.00

CATERPILLAR FINANCIAL
SERVICES CORP 4.375
08/16/2029

4.40% 71,640.63 0.00 71,640.63 0.00
City of Santa Barbara Managed | Account #11204 | As of February 28, 2025 Execution Time: 03/04/2025 12:26:45 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount Interest Pur/Sold Total Amount Gain/Loss Coupon 02/25/2025 3130ALAR5 0.00 FEDERAL HOME LOAN
BANKS 0.5 11/25/2025 0.50% 1,250.00 0.00 1,250.00 0.00
Coupon 02/26/2025 3136G4U92 0.00

FEDERAL NATIONAL

MORTGAGE ASSOCIATION

0.6 08/26/2025

0.60% 12,000.00 0.00 12,000.00 0.00
Coupon 02/27/2025 74153WCU1 0.00

PRICOA GLOBAL
FUNDING I 4.4
08/27/2027

4.41% 77,000.00 0.00 77,000.00 0.00
Coupon 02/28/2025 91282CCW9 0.00 UNITED STATES TREASURY

0.75 08/31/2026 1.00% 7,500.00 0.00 7,500.00 0.00
Coupon 02/28/2025 3130AQDB6 0.00 FEDERAL HOME LOAN
BANKS 1.125 02/28/2025 1.13% 5,625.00 0.00 5,625.00 0.00 Coupon 02/28/2025 91282CLK5 0.00 UNITED STATES TREASURY

3.625 08/31/2029 3.53% 97,875.00 0.00 97,875.00 0.00
Coupon 02/28/2025 91282CGP0 0.00 UNITED STATES TREASURY

4.0 02/29/2028 4.06% 40,000.00 0.00 40,000.00 0.00
Coupon 02/28/2025 91282CFH9 0.00 UNITED STATES TREASURY

3.125 08/31/2027 4.17% 31,250.00 0.00 31,250.00 0.00
Coupon 02/28/2025 91282CEB3 0.00 UNITED STATES TREASURY

1.875 02/28/2029 4.30% 28,125.00 0.00 28,125.00 0.00
Coupon 02/28/2025 91282CHX2 0.00 UNITED STATES TREASURY

4.375 08/31/2028 4.35% 43,750.00 0.00 43,750.00 0.00
Total Coupon 0.00 788,727.17 0.00 788,727.17 0.00
Custody Fee 02/25/2025 CCYUSD (1,698.87) Cash 0.00% (1,698.87) 0.00 (1,698.87) 0.00 Total Custody Fee (1,698.87) (1,698.87) 0.00 (1,698.87) 0.00 Dividend 02/28/2025 31846V807 0.00 FIRST AMER:TRS OBG Y 3.98% 3,531.90 0.00 3,531.90 0.00 Total Dividend 0.00 3,531.90 0.00 3,531.90 0.00
Management Fee 02/10/2025 CCYUSD (10,055.42) Cash 0.00% (10,055.42) 0.00 (10,055.42) 0.00 Total
Management Fee (10,055.42) (10,055.42) 0.00 (10,055.42) 0.00

TOTAL OTHER
TRANSACTIONS (11,754.29) 780,504.78 0.00 780,504.78 0.00 ENDING BALANCE AS OF February 28, 2025
Book
Description Value
River City Bank Lockbox Account $ 1,983,794
River City Bank ICS (Investment Account) 25,673,824
Total Cash and Investments $ 27,657,617
February 28, 2025
ATTACHMENT 2

COMMUNITY CHOICE AGGREGATION (CCA)

CITY OF SANTA BARBARA
Summary of Cash and Investments
2/1/2025 to 2/28/2025

CITY OF SANTA BARBARA
PARS Post-Employment Benefits Trust
Account Summary
Source 2/1/2025 Contributions Earnings Expenses Distributions Transfers 2/28/2025 PENSION 1002 $2,477,529.15 $0.00 $17,023.75 $1,203.78 $0.00 $0.00 $2,493,349.12 Totals $2,477,529.15 $0.00 $17,023.75 $1,203.78 $0.00 $0.00 $2,493,349.12 Investment Return
Source 1-Month 3-Months 1-Year 3-Years 5-Years 10-Years PENSION 0.69% 0.01% 10.31% - - - 1/26/2024
Balance as of
Plan's Inception Date
Annualized Return
Account Report for the Period
Balance as of

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: April 15, 2025
TO: Mayor and Councilmembers
FROM: Human Resources Department
SUBJECT: Amendment of City Attorney Employment Agreement [Agreement] RECOMMENDATION:

That Council approve and authorize the Mayor to execute a second amended employment agreement between the City of Santa Barbara and City Attorney Sarah J. Knecht.

DISCUSSION:

The City Council negotiation team of the Mayor and Mayor Pro Tempore has come to a recommended agreement for an amendment to the employment contract with the City Attorney, Sarah Knecht. This Amendment establishes a 401(a) Defined Contribution Plan (or other agreed deferred compensation plan) and City contribution in the amount of $2,000, monthly, retroactive to January 1, 2025. The contributions are made on a pre-tax basis, and the contributions are not reportable to CalPERS. This is an important consideration as compensation increases through deferred compensation versus salary (which is reportable under CalPERS) and the contribution to a deferred compensation plan balances the need to recruit and retain employees while also allowing public agencies to manage a pension plan's Unfunded Accrued Liability by not increasing future required contributions, therefore, reducing long-term debt. All other terms of the original Employment Agreement (No. 28,232) and the First Amended Employment Agreement (No. 28,453) shall remain unchanged.

BUDGET/FINANCIAL INFORMATION:

A $2,000 monthly contribution into a 401(a) Defined Contribution Plan or its equivalent, totaling $24,000 annually.

ATTACHMENT: Second Amended Agreement with City Attorney Sarah J. Knecht SUBMITTED BY: Rene Eyerly, Interim Human Resources Director APPROVED BY: Randy Rowse, Mayor
Agenda Item No. 17
File Code No.
1 AGREEMENT NO._____

SECOND AMENDED EMPLOYMENT AGREEMENT
The City of Santa Barbara, a municipal corporation, hereinafter referred to as “Employer” and Sarah J. Knecht, an individual, hereinafter referred to as “Employee” enter into this Second Amended Employment Agreement (Agreement”) on this 15th Day of April, 2025, for Employee’s services as City Attorney for the City of Santa Barbara.

WHEREAS, the City Council of the City of Santa Barbara, hereinafter “City Council”, determined that Employee has the necessary qualifications and experience for the office of City Attorney as required by the City Charter; and WHEREAS, on December 13, 2022, City and Employee entered into Employment Agreement No. 28,232 (“Original Agreement”) and on December 5, 2023, City and Employee entered into Amended Employment Agreement No. 28,454 (“Amended Agreement”) which together provide the terms and conditions of employment; and WHEREAS, Section 7 of Agreement No. 28,232 requires any modification to be done only upon written consent of the City Council; and WHEREAS, neither the Original Agreement nor the Amended Agreement provide any deferred compensation benefits.

NOW, THEREFORE, IT IS MUTUALLY AGREED AS FOLLOWS:

1. Employer shall establish a 401(a) or 414(h)(2) Defined Contribution Plan and contribute the amount of $2,000, monthly, retroactive to January 1, 2025, for as long as Employee is employed with the City of Santa Barbara. Contributions are made on a pre-tax basis and the contribution is not reportable to CalPERS.

Employee has the option to contribute up to the yearly cap of the deferred compensation plan. Both Employer and Employee contributions shall immediately vest.

2. In the event that Employer is unable for any reason whatsoever to timely establish a qualified 401(a) or 414 (h)(2) Defined Contribution Plan, the parties shall mutually agree upon an alternative form or compensation in the amount of $2,000 per month retroactive to January 1, 2025, for as long as Employee remains employed with the City of Santa Barbara.
//
//
//
//
//
//
//

3. All remaining terms of the Original Agreement and Amended Agreement shall continue in full force and effect.
2 The parties hereto have executed this Agreement in duplicate the day and year noted above.

CITY OF SANTA BARBARA
A municipal corporation,
By: _______________________
Randy Rowse, Mayor
APPROVED AS TO FORM:

By: _______________________
John Doimas
Assistant City Attorney
ATTEST:

By: _____________________________
Sarah Gorman
City Clerk Services Manager

By: _________________________
Sarah J. Knecht, an individual

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: April 15, 2025
TO: Mayor and Councilmembers
FROM: City Attorney’s Office
SUBJECT: Proposed First Amendment to Lease Agreement No. 28,577 with Santa Barbara International Film Festival Inc., for the Property Located at 916 State Street [Agreement]
RECOMMENDATION:

That Council approve the First Amendment to Lease Agreement No. 28,577 with the Santa Barbara International Film Festival, Inc. (“SBIFF”), for the City owned property located at 916 State Street to correct a clerical error that resulted in statutory language being left out of the Lease Agreement.

BACKGROUND:

On October 8, 2024, Council approved the Lease Agreement with SBIFF for the 916 State Street Film Center. The Lease Agreement contained an omission concerning the statutory requirement on Certified Access Specialist (“CASp”) inspections. This CASp statutory language notifies a lessee of the requirement for a landlord to permit a Certified Access Specialist to inspect the premises to ensure ADA compliance. The City Attorney’s Office has informed SBIFF of the omission and SBIFF has agreed to execute the First Amendment to include the CASp provision pending Council approval. No other changes are made to the Lease Agreement.

BUDGET/FINANCIAL INFORMATION:

This action does not have a budget/financial impact on the City.

PREPARED BY: Sarah J. Knecht, City Attorney
John Doimas, Assistant City Attorney
Heather A. Minter, Deputy City Attorney
SUBMITTED BY: Sarah J. Knecht, City Attorney
APPROVED BY: Kelly McAdoo, City Administrator
Agenda Item No. 18
File Code No. 330.04

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: April 15, 2025
TO: Mayor and Councilmembers
FROM: Community Development Department
SUBJECT: Amendment to Confluence Land Use LLC Professional Services Agreement for Land Use Consulting Services [Agreement]
RECOMMENDATION:

That Council authorize the Community Development Director to execute the second amendment to increase the amount of Santa Barbara City Agreement No. 22400110 with Confluence Land Use LLC by $95,000, for a total contract amount of $190,000, to provide land use consulting services.

DISCUSSION:

The Community Development Department’s Planning Division is responsible for developing public policies that reflect the community’s vision; managing land use entitlement processes; and ensuring that development aligns with zoning, environmental regulations, and broader policy goals. To support these efforts, the City contracts with independent firms that provide specialized land use consultation and project management services. These contracted services supplement the work of City staff and are essential to processing planning applications and managing large development proposals efficiently.

The recommended amendment enables the City to continue leveraging contract services that facilitate timely and thorough application reviews, ensure consistency with zoning and environmental regulations, and enhance public engagement in the planning process.

Contract services also help manage complex, high-priority projects and accommodate fluctuations in application volumes, particularly in areas experiencing significant development activity.

The Planning Division has an established working relationship with Confluence Land Use LLC, a consulting firm with demonstrated expertise in managing complex land use projects, coordinating stakeholder involvement, and ensuring compliance with local and state regulations. Authorizing the recommended contract amendments will allow the Agenda Item No. 19
File Code No. 610.01
Council Agenda Report
Amendment to Confluence Land Use LLC Professional Services Agreement for Land Use Consulting Services [Agreement]
April 15, 2025

division to continue providing efficient, professional, and comprehensive planning services.

BUDGET/FINANCIAL IMPACT:

The recommended contract amendment is funded from existing appropriated expenditures in the Planning Division’s Fiscal Year 2025 General Fund Budget. Funding sources for the contract amendment are listed in the table below.

Vendor Funding Source Amount
Confluence Land Use LLC Existing General Fund appropriations $95,000 A copy of the contracts/agreements and amendments may be requested from the Community Development Department for public review. Please contact [email protected] to request a copy.

PREPARED BY: James Hamilton, Community Development Business Manager SUBMITTED BY: Allison DeBusk, Interim Community Development Director APPROVED BY: Kelly McAdoo, City Administrator

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: April 15, 2025
TO: Mayor and Councilmembers
FROM: Public Works Department
SUBJECT: Milpas Street Crosswalk Safety and Sidewalk Widening Project - Environmental Determination for Notice of Exemption
RECOMMENDATION:

That Council determines the Milpas Street Crosswalk Safety and Sidewalk Widening Project is exempt under California Environmental Quality Act Guidelines (15301 (c) Existing Facilities) and approve and direct the filing of a Notice of Exemption in compliance with California Environmental Quality Act Guidelines Section 15062.

DISCUSSION:

Project Description
The Milpas Street Crosswalk Safety and Sidewalk Improvements Project (Project) site is along Milpas Street between Quinientos Street (south) and Canon Perdido Street (north).

This location is a designated Vision Zero Priority Corridor. The Project includes the following enhancements to address the collision patterns (Attachment 1):
 New curb extensions at eight intersections;
 High visibility crosswalks;
 Additional street lighting;
 Accessibility improvements between intersections;
 Widened sidewalks at street corners and transit stops;  Installation of leading pedestrian intervals at signalized intersections;  New traffic signal at the intersection of Milpas and Yanonali Streets;  An additional median refuge island and rectangular rapid flashing beacons (RRFBs) at the intersection of Milpas and Ortega Streets;  Three-foot-wide buffers added to the existing bike lanes between Cota and Canon Perdido Streets; and
 Additional bicycle parking.

Community engagement along Milpas Street is documented in the 2006 Pedestrian Master Plan, the 2016 Bicycle Master Plan, and several project-specific engagements from 2019 to the present. Most recently, staff went to the Street Tree Advisory Committee Agenda Item No. 20
File Code No. 530.04
Council Agenda Report
Milpas Street Crosswalk Safety and Sidewalk Widening Project - Environmental Determination for Notice of Exemption
April 15, 2025

and Parks and Recreation Commission (PRC) for approval to remove 13 street trees (to provide required ADA clearance for path of travel and sightline issues affecting traffic) and plant 37 new street trees as part of the Project. The PRC approved the request and recommended four new canopy species to plant that include the Water Gum, Sydney Red Gum, New Zealand Christmas, and African Fern Pine trees. The Project went before City Council on March 11, 2025, for an appeal of the PRC’s approval by a resident. City Council denied the resident’s appeal.

Environmental Review
California Environmental Quality Act (CEQA) Guidelines Section 15301 (also known as the “Class 1 Exemption”) covers the operation, repair, maintenance, or minor alteration of existing facilities involving no or negligible expansion of existing or former use. This Project falls under subdivisions (c) of Section 15301 as the access ramps, high visibility crosswalks, pedestrian refuge island, traffic signal, rapid flashing beacons, lighting, and street tree removal and plantings for the purposes of public safety will not result in an increase in use or capacity. The phasing of tree removals and new tree plantings will benefit the replacement of tree canopy. New trees will be planted as soon as feasible to provide optimum growth opportunity and to add to the tree canopy aesthetics of Milpas Street. Considering the minimal number of trees proposed for removal along and the net increase of total trees with the potential new tree planting opportunities, the impacts to trees are considered less than significant.

For these reasons, the Public Works Director, exercising authority under Santa Barbara Municipal Code Section 22.100.080, has determined that the Project is exempt under CEQA. The City Council has final authority to approve the Project. Therefore, the City Council must confirm the exemption before Project approval and authorize the filing of a Notice of Exemption (NOE) for the Project.

Next Steps
The Project is ready to move into final design and requires the filing of the NOE. The Project is expected to go before the Transportation and Circulation Committee later this year for another Project update and the Architectural Board of Review for a courtesy review on pavement materials.

Construction is anticipated to begin in 2027 in coordination with a separate City maintenance project, which includes pavement grind and overlay, and significant sidewalk and accessibility repairs due to tree uplifts along Milpas Street from Hutash to Anapamu Streets. All sidewalk maintenance work is focused on the intersection enhancements of this Project. The City will continue to evaluate advancing the construction schedule on this safety project.

Community outreach will be ongoing with the next community meetings focused on the construction phase.

Council Agenda Report
Milpas Street Crosswalk Safety and Sidewalk Widening Project - Environmental Determination for Notice of Exemption
April 15, 2025

BUDGET/FINANCIAL INFORMATION:

This Project is funded primarily by a $7.9 million State Active Transportation Program Grant, which covers 80 percent of the Project costs. The 20 percent City share is funded by the Measure C Capital Fund. City match monies were allocated on November 3, 2023, in the amount of $500,000 for the design phase. Future appropriations for the remaining $1.5 million will be recommended by staff as part of the City’s capital program budget.

SUSTAINABILITY IMPACT:

The Project will improve safety and accessibility for pedestrians and cyclists and will contribute to the City’s sustainability goals by encouraging more people to walk and bike, reducing energy consumption and air pollution. The Project is also consistent with the City’s Vision Zero Strategy and the City’s Climate Action Plan.

ATTACHMENT: Project Location Map, Plans, Renderings
PREPARED BY: Sarah Clark, Downtown Team Manager/JWG/MJB/nv SUBMITTED BY: Brian D’Amour, P.E., Acting Public Works Director APPROVED BY: Kelly McAdoo, City Administrator
144 192 192 192 154 101 STATE STREET

ROAD POSITAS LAS

FOOTHILL ROAD

CANON PERDIDO STREET

STATE STREET

CLIFF DRIVE

CABRILLO BOULEVARD
ROAD

POSITAS LAS

MISSION STREET

GARDEN STREET MILPAS STREET
CASTILLO STREET101 101 101 101 101 101 101 101 101 HALEY STREET QUINIENTOS STREET LOCATION MAP Milpas Street Crosswalk Safety and Sidewalk Widening Project VICINITY MAP PROJECT LIMITS NTS CITY OF SANTA BARBARA CITY LIMITS SCHOOL PROJECT MAP SCALE: 1" = 3000' Part A-2: Location Map Milpas Street Project Location

ATTACHMENT
PAGE
1 COTA: LOCATION A
ATTACHMENT PAGE 2
COTA: LOCATION B
ATTACHMENT PAGE 3
HALEY: LOCATION A
ATTACHMENT PAGE 4
YANONALI: LOCATION A
ATTACHMENT PAGE 5
YANONALI: LOCATION B
ATTACHMENT PAGE 6
YANONALI: LOCATION C
ATTACHMENT PAGE 7
MASON: LOCATION A
ATTACHMENT PAGE 8
MASON: LOCATION B
ATTACHMENT PAGE 9
ATTACHMENT PAGE 10
ATTACHMENT PAGE 11
ATTACHMENT PAGE 12
ATTACHMENT PAGE 13
ATTACHMENT PAGE 14
ATTACHMENT PAGE 15
ATTACHMENT PAGE 16
ATTACHMENT PAGE 17
ATTACHMENT PAGE 18
ATTACHMENT PAGE 19
ATTACHMENT PAGE 20
ATTACHMENT PAGE 21

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: April 15, 2025
TO: Mayor and Councilmembers
FROM: Community Development Department
SUBJECT: Designation of Proposed Development at 419 W. Pueblo Street (Cottage Hospital Child Care Center) as a Community Benefit Project RECOMMENDATION:

That Council designate the proposed project at 419 W. Pueblo Street as a Community Benefit Project pursuant to Santa Barbara Municipal Code Chapter 30.170 and allocate a total of 7,600 square feet (net) of nonresidential floor area to the project from the Nonresidential Growth Management Program’s Community Benefit Category.

DISCUSSION:

Proposed Project
The project site is a 2.4-acre lot located at the corner of West Pueblo and Castillo Streets and is developed with the Cottage Hospital Pueblo Parking Structure, an existing 8,202- square-foot child care center, a storage structure, and a surface parking lot. The proposed project involves construction of a two-story 7,600-square-foot addition to the existing child care center. The project site is zoned SP8-H (Hospital Specific Plan) and has a General Plan designation of Institutional. The application currently under review requires a Conditional Use Permit and a Development Plan to be approved by Planning Commission. The purpose of the project is to increase the child care program from 80 to 160 students in order to serve Cottage Health staff.

Nonresidential Growth Management Ordinance
Adopted in 2013, the City’s Nonresidential Growth Management Program limits specific new nonresidential growth to 1.35 million net new square feet until December 31, 2033.

This floor area limitation is divided among three development categories: Community Benefit Projects, Small Additions, and Vacant Property. The initial allocations by City Council were: 600,000 square feet for Community Benefit Projects, 400,000 square feet for Small Additions, and 350,000 square feet for Vacant Property.

New nonresidential projects must be floor area allocated from one or more of the three categories and must also be consistent with the City’s Traffic Management Strategy as Agenda Item No. 21
File Code No. 700.09
Council Agenda Report
Designation of Proposed Development at 419 W. Pueblo Street (Cottage Hospital Child Care Center) as a Community Benefit Project
April 15, 2025

implemented by Santa Barbara Municipal Code (SBMC) Section 30.170.030. The project site is in the Downtown Development Area.

Community Benefit Projects include three subcategories: Community Priority Projects; Economic Development Projects; and New Vehicle Sales Projects. The applicant requests the designation of the proposed project under the Community Priority Project subcategory.

A Community Priority Project is defined as one that has a broad public benefit, is not principally operated for private profit, and is necessary to meet a present or projected need directly related to public health, safety, or general welfare (e.g., museums, child care facilities, health clinics).

Community Benefit Project Designation
The 7,600 square feet of requested Community Benefit Project floor area for the childcare center at 419 W. Pueblo Street represents 1.3 percent of the original 600,000 square feet allocated to Community Benefit Projects in the Nonresidential Growth Management Program until 2033. To date, City Council has allocated a total of 368,475 square feet from the Community Benefit Category to 16 projects, as identified in the table below.

Additionally, 142,668 square feet of expired, small-addition floor area has been reallocated to the Community Benefit category by the Planning Commission since 2013, when the allocations were initially established. To date (slightly more than halfway through the 20-year allocation period), a total of 511,143 square feet, or 85 percent, of the floor area remains available for Community Benefit Projects through 2033.

COMMUNITY BENEFIT ALLOCATIONS (2013 – Present)
Allocations Entity Amount (sf)
Original Allocation 600,000
1130 State Street Santa Barbara Museum of Art (8,990)
400 Hitchcock Way Tesla (9,700)
6100 Hollister Avenue Direct Relief (110,000)
350 Hitchcock Way Maserati (39,000)
402 S. Hope Avenue Mercedes-Benz (242)
35 Anacapa Street Museum of Contemporary Art (3,007)
115 W. Anapamu Street Sanctuary Center Care Clinic (7,928) 2407 Bath Street Cottage Hospital Medical Office (9,926) 621 W. Micheltorena Street Westside Medical/Dental Clinic (3,352) (975)
402 S. Hope Avenue Automobile Dealership (6,061)
3237 State Street American Indian Health & Services (2,500) 540 W. Pueblo Street Cancer Center (1,614)
138 Powers Avenue High Seas Mead (750)
3237 State Street American Indian Health & Services (5,838) Council Agenda Report
Designation of Proposed Development at 419 W. Pueblo Street (Cottage Hospital Child Care Center) as a Community Benefit Project
April 15, 2025

531 E. Ortega Street Providence School (6,500)
(3,000)
2 S. Quarantina Street Marborg Industries (12,142)
Subtotal after allocated cases 368,475
Expired/ Reallocated Small
Addition 142,668
Total Community Benefit
floor area available 511,143
Current Request
419 W. Pueblo Street Cottage Hospital Child Care Center (7,600) Total that would remain 503,543
Refer to the applicant letter (attached) for a description of the project and an explanation for why the applicant believes that the project qualifies as a Community Benefit Project.

Staff finds that the project qualifies as a Community Benefit Project because it meets the criteria for a Community Priority Project. The proposed childcare center meets the City’s zoning requirements and is not principally operated for private profit. The childcare center meets a present need related to public health by helping Cottage Hospital recruit and retain critical medical personnel who serve our community. Additionally, the center promotes general welfare by providing needed childcare facilities. Furthermore, the project is consistent with policies of the City’s General Plan related to Land Use and Economy and Fiscal Health.

GENERAL PLAN (2011)
LG7. Community Benefit Non-Residential Land Uses. Community Benefit Land Uses are determined and defined by City Council and shall include the following categories:

Possible Implementation Action to Be Considered
LG7.1 Findings. Develop project level findings of approval for the following Community Benefit Non-residential development uses:
a. Community Priority Development. This type of project addresses a present or projected need directly related to public health, safety or general welfare including but not limited to:
 Parks and recreation facilities;
 Community centers;
 Educational institutions and uses including schools;
 Public cultural or art facilities;
 Youth development programs and child care facilities; and Community gardens and urban farming
EF4. Existing Businesses. Give priority to retaining existing enterprises as the best source of business expansion and local job growth, and encourage government, Council Agenda Report
Designation of Proposed Development at 419 W. Pueblo Street (Cottage Hospital Child Care Center) as a Community Benefit Project
April 15, 2025

businesses and residents to patronize local businesses and contractors, by working with local businesses to initiate a “Buy Local” program, with the City setting the example.

EF14. Local Needs. Encourage enterprises that serve the needs of existing local residents, workers, and businesses.

BUDGET/ FINANCIAL INFORMATION:

The requested designation would have no budgetary or financial impact.

ENVIRONMENTAL REVIEW:

The designation of a project as a Community Benefit Project and reservation of floor area enables the City to accept the development application for processing, but does not commit City Council or the Planning Commission to a definite course of action (CEQA Guidelines §15352(a) Approval); therefore, the Community Benefit designation and allocation of floor area are not subject to environmental review pursuant to the California Environmental Quality Act. If the requested Community Benefit floor area is allocated for the project, the application will continue through the City’s standard review process.

Environmental review would be completed as part of the development application review.

CONCLUSION:

The proposed addition to the Cottage Health Child Care Center conforms to the Community Priority findings and can be allocated 7,600 net square feet of new nonresidential floor area from the Community Benefit category of the City’s Nonresidential Growth Management Program.

In addition, the proposed project is consistent with the City’s Traffic Management Strategy as implemented by SBMC Section 30.170.030 because it is located in the Downtown Development Area, which allows Community Priority Projects.

ATTACHMENT: Applicant Letter Dated January 6, 2025
PREPARED BY: Kelly Brodison, Associate Planner
SUBMITTED BY: Allison DeBusk, Interim Community Development Director APPROVED BY: Kelly McAdoo, City Administrator
6 January 2025
City of Santa Barbara
Mayor & City Council
630 Garden St.

Santa Barbara, CA 93101
Re: Growth Management Program Community Benefit Project Designation Request Cottage Hospital Child Care Center Addition
419 W. Pueblo St. APN: 025-171-050 (SP8-H)
Dear Mayor Rowse and Council Members,
On behalf of the property owners, the Santa Barbara Cottage Hospital, Inc., I am pleased to provide the following project description and applicant letter to request a Growth Management Program Community Benefit Project Designation for 7,600 sq. ft. to be utilized for the proposed Child Care Center addition located at 419 W. Pueblo St. within the SP8-H, Specific Plan Area 8, Hospital zone district.

The existing 2.4-acre (104,544 sq. ft.) parcel contains the Cottage Hospital Pueblo Parking Structure, an existing 8,202 sq. ft. child care center, storage structure and surface parking lot. The property is located in the Oak Park General Plan neighborhood, adjacent to Los Olivos, Castillo and Pueblo streets and surrounded by a mix of SP8-H, Office, Commercial and Residential uses to the north, south, east, and west. The property has an average slope of 4%.

Community Benefit Designation
The City’s Pre-Application Review Team (PRT) letter dated November 25, 2024, enclosed, states the proposed project appears to meet the definition of a Community Benefit Project under the Community Priority Project category per §30.170.020 as noted below:
§ 30.170.020 Definitions.

The following words and phrases shall have the meaning indicated, unless the context or usage clearly requires a different meaning:

Community Benefit Project.

A project which has been designated by the City Council as satisfying one or more of the following categories is a Community Benefit Project:

A Community Priority Project is a project that has a broad public benefit, is not principally operated for private profit, and is necessary to meet a present or projected need directly related to public health, safety or general welfare (e.g., museums, childcare facilities, health clinics).

ATTACHMENT
Community Benefit Designation Applicant Letter

Meraki Land Use Consulting, LLC.
www.merakilanduseconsulting.com
Requested Square Footage Allocation
The proposed addition of the existing Child Care Center is considered a Community Priority Project as it provides a public benefit by increasing the child care program from 80 to 160 students. The existing and future child care center serves Cottage Health staff, which has a robust and increased demand for child care services. Presently there are over 100 healthcare workers that include nurses, clinical and support staff on the waiting list. This addition will assist in retaining and recruiting staff who serve our community.

The project itself will not negatively impact the health and welfare of the surrounding neighborhood community. It does not impact public or private viewsheds and the project is consistent with that of the neighborhood. Further, the proposal is consistent with applicable General Plan Policies and Municipal Code.

CUP, Development Plan Proposal
A Planning Application (PRT) was submitted to the City in July of 2024 for a Conditional Use Permit (CUP) for a proposed 7,600 sq. ft. addition to the existing 8,202 sq. ft. child care center.

The new structures comprise of a 5,331 sq. ft. ground floor child care center with a 448 sq. ft lobby, and 1,821 sq. ft of second floor office and administration uses. A covered walkway will be provided to connect the existing and proposed structures. The existing surface parking lot containing 19-space parking lot will be demolished. One (1) oak tree on site that will be protected in place to remain. Access will be taken from Castillo St.

Development History
The existing child care center was a part of the City Planning Commission approval of the Santa Barbara Cottage Hospital Development Plan and Specific Plan (SP8-H) in 2005, per PC Resolution No. 020-5, enclosed. Per Chapter 30.125.040, all new development in the SP8-H zone requires a Conditional Use Permit.

Enclosures
The following materials are provided with this request:
• Copy of PC Resolution No. 020-5
• Project Plans and Topographic Survey
• Copy of City Council Resolution No. 13-010
Thank you for considering this request on behalf of the applicant and project team. Please contact me should you have any questions or require additional information; [email protected], or, 805-252-4851.

Sincerely,
MERAKI LAND USE CONSULTING, LLC.

Heidi Jones, AICP
Owner & Principal

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: April 15, 2025
TO: Mayor and Councilmembers
FROM: Human Resources Department
SUBJECT: Amend the CalPERS Contract for Local Safety Members to Include Airport Police Officers [Ordinance Introduction; Resolution] RECOMMENDATION: That Council:

A. Introduce and subsequently adopt, by reading of title only, an Ordinance of the Council of the City of Santa Barbara Authorizing an Amendment to the Contract between the City of Santa Barbara and the Board of Administration of the California Public Employees’ Retirement System; and
B. Adopt, by reading of title only, a Resolution from the California Public Employees’ Retirement System entitled Resolution of Intention to Approve an Amendment to Contract Between the Board of Administration California Public Employees’ Retirement System and the City Council of the City of Santa Barbara.

DISCUSSION:

On September 30, 2021, Governor Gavin Newsom signed Senate Bill 2 (SB 2) into law, aiming to increase accountability among peace officers. A key provision of SB 2 mandates that law enforcement agencies may only employ Peace Officers who hold a current and valid Basic Peace Officer Standards and Training (POST) Certificate.

Recognizing that Airport Police Officers are designated as peace officers under California Penal Code Section 830.33(d), the City acknowledges their critical role in ensuring airport security and compliance with both Federal and State regulations. Airport Police Officers perform a broad range of law enforcement and airfield operations duties, including:

1. Providing law enforcement services with arrest authority to comply with Transportation Security Administration (TSA) regulations and supporting the City’s Airport Security Program.

Agenda Item No. 22
File Code No. 410.01
Council Agenda Report
Amend the CalPERS Contract for Local Safety Members to Include Airport Police Officers [Ordinance Introduction; Resolution]
April 15, 2025

2. Conducting airfield operations, including the Daily Airfield Self-Inspection Program, to meet Federal Aviation Administration (FAA) regulations and maintain compliance with the Airport Certification Manual.

To align with statutory requirements and recognizing the unique law enforcement functions of Airport Police Officers, the Human Resources Department is requesting an amendment to the City’s contract with the Board of Administration of the California Public Employees’ Retirement System (CalPERS). This amendment would reclassify Airport Police Officers from “miscellaneous members” to “local safety members,” as authorized under Government Code Section 20423.3 and allow them to receive retirement benefits that accurately reflect their law enforcement duties at the Airport. The Airport Police Officer classifications will remain represented by the Treatment and Patrol Bargaining Unit.

Now classified as “local safety members,” Airport Police unit members will be classified as “new members” as it relates to their new retirement formula under the Public Employees’ Pension Reform Act (PEPRA). Their retirement benefits will be structured under the 2.7% @ 57 formula, as stipulated in Government Code Section 7522.25(d).

Their final compensation will be calculated based on a three-year average, per Government Code Section 7522.32(a), and employees will contribute one-half of the total normal cost, as determined annually by CalPERS’ valuation report. For Unit members classified as “classic members,” their prior years of service will remain under the 2.7% at 55 miscellaneous retirement formula. The City will provide One-Year Final Compensation for Classic Miscellaneous employees under PERS, pursuant to Government Code section 20042.

Pursuant to Government Code Section 20474, a secret ballot election is required for affected employees whenever an amendment to the employees' contribution rate is proposed, per Government Code Section 20469. In alignment with the 2023-2025 Memorandum of Understanding (MOU) between the City and the Treatment and Patrol (TAP) Bargaining Unit, the City has committed to completing the necessary administrative processes to facilitate this amendment.

As the first step in fulfilling this obligation, the attached Resolution of Intention must be approved by the City Council and submitted to CalPERS. This approval will formally initiate the amendment process, ensuring that Airport Police Officers receive retirement benefits that accurately reflect their law enforcement duties and responsibilities as defined and allowed by CalPERS.

BUDGET/FINANCIAL INFORMATION:

The costs for FY2025 of this change is estimated to be $10,496. The costs for FY2026 of this change is estimated to be $125,957. No additional funding is being requested at this time, but may be reviewed as part of the quarterly budget process.

Council Agenda Report
Amend the CalPERS Contract for Local Safety Members to Include Airport Police Officers [Ordinance Introduction; Resolution]
April 15, 2025

PREPARED BY: Sam Ramirez, Labor Relations Manager
SUBMITTED BY: Rene Eyerly, Interim Human Resources Director APPROVED BY: Kelly McAdoo, City Administrator
ORDINANCE NO.____

AN ORDINANCE OF THE COUNCIL OF THE CITY OF

SANTA BARBARA AUTHORIZING AN AMENDMENT TO

THE CONTRACT BETWEEN THE CITY OF SANTA

BARBARA AND THE BOARD OF ADMINISTRATION OF

THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT
SYSTEM
Whereas, the City of Santa Barbara agreed in a Memorandum of Understanding with the Treatment and Patrol to amend its contract with the California Public Employees' Retirement System to reclassifying Airport Police Officers from miscellaneous members to local safety members; and
Whereas, adoption of an ordinance authorizing such amendment is required by the California Public Employees' Retirement System;
Now, therefore, the City Council of the City of Santa Barbara does ordain as follows:

Section 1.

That an amendment to the contract between the City of Santa Barbara and the Board of Administration, California Public Employees' Retirement System is hereby authorized, a copy of said amendment being attached hereto, marked Exhibit 1, and by such reference made a part hereof as though herein set out in full.

Section 2.

The Mayor of the City of Santa Barbara is hereby authorized, empowered, and directed to execute said amendment for and on behalf of said Agency.

Section 3.

This Ordinance shall take effect 1 day after the date of its adoption, and prior to the expiration of 15 days from the passage thereof shall be published at least 1 day in The Voice, a newspaper of general circulation, published and circulated in the City of Santa Barbara and thenceforth and thereafter the same shall be in full force and effect.

Adopted and approved this 15 day of April, 2025.

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: April 15, 2025
TO: Mayor and Councilmembers
FROM: Human Resources Department
SUBJECT: City Workforce Vacancies, Recruitment, and Retention Trends - Assembly Bill 2561
RECOMMENDATION:

That Human Resources provide a status update on vacancies, recruitment, and retention trends; and that the City Council receive a presentation from bargaining units that chose to make a presentation regarding vacancies within its unit; and hold a public hearing and take any public comment pertaining thereto.

DISCUSSION:

Governor Newsom's signing of Assembly Bill 2561 (AB 2561), which took effect January 1, 2025, requires public agencies, including the City of Santa Barbara, to hold at least one (1) public hearing per fiscal year to discuss vacancies and recruitment and retention efforts. This report discusses the City of Santa Barbara’s legal obligations under the new law.

AB 2561 was introduced as a measure to address the issue of job vacancies in local government, which can adversely affect the delivery of public services and employee workload. The bill mandates that public agencies present the status of vacancies and recruitment and retention efforts during a public hearing before the agency’s governing body at least once per fiscal year.

In compliance with the new legal obligations, the City of Santa Barbara is required to do the following:

1. Public Hearing: At least once each fiscal year, at a public hearing before the City Council, the City shall present information regarding the status of vacancies and recruitment and retention efforts (Gov. Code § 3502.3(a)(1)) and identify any necessary changes to policies, procedures, and recruitment activities that may lead to obstacles in the hiring process (Gov. Code § 3502.3(a)(3)). This Agenda Item No. 23
File Code No. 410.01
Council Agenda Report
City Workforce Vacancies, Recruitment, and Retention Trends – Assembly Bill 2561 April 15, 2025

presentation must occur prior to the City Council’s adoption of the final budget. (Gov. Code § 3502.3(a)(2).)

2. Employee Organization Participation: Allow the recognized employee organization for each bargaining unit at the City of Santa Barbara to make presentations during the public hearing concerning vacancies and recruitment and retention efforts.

There is no required percentage threshold needed to allow a bargaining unit to make a presentation. There are eight (8) represented bargaining units in the City of Santa Barbara that represent full-time positions.

Bargaining Unit
American Federation of State, County, and Municipal Employees (AFSCME) Supervisor’s Association
SEIU General Unit
SEIU Treatment and Patrol (TAP)
Police Management Association (PMA)
Police Officer’s Association (POA)
Fire Management Association (FMA)
Fire Association

3. Additional Reporting for High Vacancy Rates: If vacancies within a single bargaining unit meet or exceed 20% of authorized full-time positions in that bargaining unit, upon request of the recognized employee organization for that bargaining unit, the City of Santa Barbara must provide additional information during the public hearing, which includes the following: (1) the total number of vacancies; (2) the number of applicants; (3) the average time to fill positions; and (4) opportunities to improve compensation and working conditions for employees in the bargaining unit.

At the time of this report, no bargaining unit within the City meets or exceeds the 20% vacancy rate.

BUDGET/FINANCIAL INFORMATION:

There is no direct fiscal impact associated with conducting the public hearing required under Government Code Section 3502.3. However, addressing recruitment and retention issues may involve future budget and bargaining considerations, which will be presented to the City Council as necessary.

ATTACHMENT: Vacancy, Recruitment, and Retention Data
Council Agenda Report
City Workforce Vacancies, Recruitment, and Retention Trends – Assembly Bill 2561 April 15, 2025

PREPARED BY: Sam Ramirez, Labor Relations Manager
SUBMITTED BY: Rene Eyerly, Assistant City Administrator/Interim Human Resources Director
APPROVED BY: Kelly McAdoo, City Administrator

ATTACHMENT

CITY OF SANTA BARBARA

COUNCIL AGENDA REPORT
AGENDA DATE: April 15, 2025
TO: Mayor and Councilmembers
FROM: City Administrator’s Office
SUBJECT: Interviews for City Advisory Groups
RECOMMENDATION: That Council:

A. Hold interviews of applicants to various City Advisory Groups; and B. Continue interviews of applicants to April 22, 2025.

DISCUSSION:

Interviews of applicants for various positions on City Advisory Groups are to be held on April 15, 2025. Applicants will also have the option to be interviewed on April 22, 2025.

Applicants have been notified that to be considered for appointment they must be interviewed. Applicants have been requested to prepare a two-to-three-minute verbal presentation, in response to a set of questions. Those questions are specific to the group for which they are applying. Applicants applying to more than one advisory group may have up to five minutes for their presentation. A list of eligible applicants and pertinent information about the City Advisory Groups is attached to this report.

Appointments are scheduled to take place on May 20, 2025.

ATTACHMENT: List of Applicants

PREPARED AND
SUBMITTED BY: Norma Welche, Deputy City Clerk
APPROVED BY: Kelly McAdoo, City Administrator
Agenda Item No. 24
File Code No. 140.05

ATTACHMENT
*Registered voter in the City/County of Santa Barbara
who is a US citizen aged 18 years or older. 1
Spring Recruitment 2025

ARTS ADVISORY COMMITTEE
 One vacancy.
 Term Expiration: December 31, 2027
 Qualifications/Category: Members may be residents of the South Coast area of Santa Barbara County. Members should be persons with acknowledged accomplishments in the arts and persons who demonstrate an interest in and commitment to cultural arts and art activities.
 Appointees may not hold any full-time paid office or employment in City government.

CATEGORY
(Number of
Vacancies)

APPLICANT
Incumbent
Appt. Dates
(Years Served)
Applicant’s
Preference
(1st, 2nd, 3rd)
Notes
Ann Wellman
John Bielecki
Susan Steindler
Olivia Salter 1. Housing Authority Commission

2. Arts Advisory Committee
County Resident (1)
Linda Saccoccio
*Registered voter in the City/County of Santa Barbara
who is a US citizen aged 18 years or older. 2

BUILDING AND FIRE CODE BOARD OF APPEALS
 Two vacancies.
 Term Expirations:
 June 30, 2026
 June 30, 2028
 Qualifications/Category: Residents of the City or the adjoining area of Santa Barbara County who demonstrate knowledge and expertise in specialty areas governed by the construction and fire codes of the City.  Appointees may not hold any full-time paid office or employment in City government.

CATEGORY
(Number of
Vacancies)

APPLICANT
Incumbent
Appt. Dates
(Years Served)
Applicant’s
Preference
(1st, 2nd, 3rd)
Notes
City/County Resident
(2) NONE
*Registered voter in the City/County of Santa Barbara
who is a US citizen aged 18 years or older. 3

COMMUNITY DEVELOPMENT AND HUMAN SERVICES COMMITTEE
 Seven vacancies.
 Term Expirations:
 December 31, 2025 (African American Community)
 December 31, 2026 (Business Community)
 December 31, 2027 (Westside/Lower Westside Neighborhood; Human Services Organization; Latino Community)  December 31, 2028 (Downtown Area Neighborhood; Disabled Community)  Qualifications/Category: Members must be employees or residents of the designated organizations/neighborhoods and be qualified electors of the County.
 Human Services Organization;
 Downtown Area Neighborhood;
 Business Community
 Westside/Lower Westside Neighborhood;
 Latino Community
 Disabled Community; and
 African American Community
 Appointees may not hold any full-time paid office or employment in City government.

CATEGORY
(Number of Vacancies)

APPLICANT
Incumbent
Appt. Dates
(Years
Served)
Applicant’s
Preference
(1st, 2nd, 3rd)
Notes
Joseph Evers
Also qualifies for
Westside/Lower Westside
Category (Business preferred)
Business Community (1) Cristopher Lapp
Jen Lemberger Current member under
Eastside Community category
Downtown Neighborhood (1) Eileen Read 1. CDHSC

2. Housing Authority Commission
Human Services Organization
(1) NONE
Latino Community (1) NONE

CONTINUED ON NEXT PAGE
*Registered voter in the City/County of Santa Barbara
who is a US citizen aged 18 years or older. 4
COMMUNITY DEVELOPMENT AND HUMAN SERVICES COMMITTEE (CONT’D)  Seven vacancies.
 Term Expirations:
 December 31, 2025 (African American Community)
 December 31, 2026 (Business Community)
 December 31, 2027 (Westside/Lower Westside Neighborhood; Human Services Organization; Latino Community)  December 31, 2028 (Downtown Area Neighborhood; Disabled Community)  Qualifications/Category: Members must be employees or residents of the designated organizations/neighborhoods and be qualified electors of the County.
 Human Services Organization;
 Downtown Area Neighborhood;
 Business Community
 Westside/Lower Westside Neighborhood;
 Latino Community
 Disabled Community; and
 African American Community
 Appointees may not hold any full-time paid office or employment in City government.

CATEGORY
(Number of Vacancies) APPLICANT
Incumbent
Appt. Dates
(Years Served)
Applicant’s
Preference
(1st, 2nd, 3rd)
Notes
Westside/Lower Westside
Neighborhood (1) Joseph Evers
Prefers Business Category; Also
qualifies for Westside/Lower
Westside Category
African American Community
(1) NONE
Disabled Community (1) Jacob Lesner-Buxton 06/27/2023
(2 years)
Term expired 12/31/2024;
continuing to serve until
successor is appointed.
*Registered voter in the City/County of Santa Barbara
who is a US citizen aged 18 years or older. 5

COMMUNITY EVENTS AND FESTIVALS COMMITTEE
 One vacancy.
 Term Expiration: December 31, 2026
 Qualifications/Category: Members must be a representative of the Cultural Arts.  Appointees may not hold any full-time paid office or employment in City government.

CATEGORY
(Number of Vacancies)
APPLICANT Incumbent
Appt. Dates
(Years Served)
Applicant’s
Preference
(1st, 2nd, 3rd)
Notes
Cultural Arts (1) NONE
*Registered voter in the City/County of Santa Barbara
who is a US citizen aged 18 years or older. 6

COUNTY OF SANTA BARBARA LIBRARY ADVISORY COMMITTEE
 One vacancy.
 Term Expiration: December 31, 2029
 Qualifications/Categories: Resident of the City.
 Appointee may not hold any full-time paid office or employment in City government, and for one year after ceasing to be a member, shall not be eligible for any salaried office or employment with the City.

CATEGORY
(Number of
Vacancies)

APPLICANT
Incumbent
Appt. Dates
(Years Served)
Applicant’s
Preference
(1st, 2nd, 3rd)
Notes
Amber Caldwell 6/27/2023
(2 years) Resident of the City (1)
*Registered voter in the City/County of Santa Barbara
who is a US citizen aged 18 years or older. 7

DOWNTOWN PARKING COMMITTEE
 Two vacancies.
 Term Expiration: December 31, 2028
 Qualifications/Categories: Members must be qualified electors* of the City or County of Santa Barbara.  Up to two new appointees may be qualified electors* of the County.  Appointee may not hold any full-time paid office or employment in City government.

CATEGORY
(Number of
Vacancies)

APPLICANT
Incumbent
Appt. Dates
(Years Served)
Applicant’s
Preference
(1st, 2nd, 3rd)
Notes
Josue Iventura County
Wesley McRae County
City/County Resident
(2)
*Registered voter in the City/County of Santa Barbara
who is a US citizen aged 18 years or older. 8

HISTORIC LANDMARKS COMMISSION
 One vacancy.
 Term Expiration: December 31, 2028
 Qualifications/Category: Member may be a qualified elector* of the City, or a non-City resident, meeting one of the following categories:
 Licensed Architect;
 Professional Architectural Historian;
 Licensed Landscape Architect; or
 Member representing the Public at Large.
 Appointees may not hold any full-time paid office or employment in City government.

CATEGORY
(Number of Vacancies)

APPLICANT
Incumbent
Appt. Dates
(Years Served)
Applicant’s
Preference
(1st, 2nd, 3rd)
Notes
Sheila Lodge QE – City; Public at Large
Bryon Bass Non-City; Public at Large
Qualified Elector of the
City/Non-City Resident
(1)
*Registered voter in the City/County of Santa Barbara
who is a US citizen aged 18 years or older. 9

HOUSING AUTHORITY COMMISSION
 Three vacancies.
 Term Expirations:
 June 30, 2026 (Public at Large-1)
 June 30, 2029 (Tenant-1 & Public at Large-1)
 Qualifications/Categories: Appointee must meet one of the following qualifications:
 City or Non-City resident tenant receiving housing assistance from the Housing Authority; or  City residents representing the public at large.
 Appointees may not hold any full-time paid office or employment in City government.

CATEGORY
(Number of Vacancies)

APPLICANT
Incumbent
Appt. Dates
(Years Served)
Applicant’s
Preference
(1st, 2nd, 3rd)
Notes
Alexis Flores City
Tenant (1)
Joseph Samora City
Kirsten Ellis
Ryan Kimball
Lang Sligh
Skip Szymanski
Patricia Wheatley
6/29/2021
6/6/2017
(8 years)
Olivia Salter 1. Housing Authority Commission

2. Arts Advisory Committee
Public at Large (2)
Eileen Read 1. CDHSC

2. Housing Authority Commission
*Registered voter in the City/County of Santa Barbara
who is a US citizen aged 18 years or older. 10

MOSQUITO AND VECTOR MANAGEMENT DISTRICT BOARD
 One vacancy.
 Term Expiration: January 4, 2027
 Qualifications/Categories: Registered voter of the City, or a current member of the City Council.  Appointee may not hold any full-time paid office or employment in City government.

CATEGORY
(Number of
Vacancies)

APPLICANT
Incumbent
Appt. Dates
(Years Served)
Applicant’s
Preference
(1st, 2nd, 3rd)
Notes
Voter of the City, or
Councilmember (1) Teri Jory
6/27/2023
12/8/2020
3/19/2019
(6 years, 3 months)
Term expired 1/5/2025; continuing to
serve until a successor is appointed.
*Registered voter in the City/County of Santa Barbara
who is a US citizen aged 18 years or older. 11

NEIGHBORHOOD ADVISORY COUNCIL
 Six vacancies.
 Term Expirations:
 December 31, 2025 (Public at large-1)
 December 31, 2027 (Neighborhood Representative- 1)
 December 31, 2028 (Neighborhood Representative-3; and Public at large-1)  Qualifications/Categories: Public at large representatives may reside anywhere within City limits. Neighborhood representatives must be residents of the following neighborhoods, and no more than three members can represent one specific neighborhood:
 Eastside (1 opening);
 Lower Eastside (2 openings);
 Laguna (1 opening);
 West Downtown (3 openings);
 Westside (2 openings);
 Lower Westside (3 openings); and
 Public at Large (3 openings).
 Appointees may not hold any full-time paid office or employment in City government.

CATEGORY
(Number of
Vacancies)

APPLICANT
Incumbent
Appt. Dates
(Years Served)
Applicant’s
Preference
(1st, 2nd, 3rd)
Notes
Bruce Caron Public at Large
Sally Foxen
12/8/2020
12/6/2016
12/11/2012
3/1/2011
(14 years, 3 months)
-Term expired 12/31/2024;
continuing to serve until a
successor is appointed.
-Lower Westside Neighborhood
Javier Limon Lower Westside Neighborhood
Liliana Melero Eastside Neighborhood
Kenneth Rivas Westside Neighborhood
Neighborhood
Representative or
Public at Large (6)
Genevieve Taft-Vazquez Eastside Neighborhood
*Registered voter in the City/County of Santa Barbara
who is a US citizen aged 18 years or older. 12

PARKS AND RECREATION COMMISSION
 One vacancy.
 Term Expiration: June 30, 2026 (Youth Intern**)
 Qualifications/Categories:
 **Youth Intern: One youth intern who is not a member of the Commission and is a high school student volunteer who resides within the Santa Barbara High School District or attends other high schools within the City limits and is nominated by the principal of the student’s high school. The student shall be either in their junior or senior year of high school and shall be and remain a student in good standing as is determined by the high school. A student that graduates shall not serve for more than three (3) months following graduation.  Appointees may not hold any full-time paid office or employment in City government.

CATEGORY
(Number of
Vacancies)

APPLICANT
Incumbent
Appt. Dates
(Years Served)
Applicant’s
Preference
(1st, 2nd, 3rd)
Notes
Youth Intern (1) NONE
*Registered voter in the City/County of Santa Barbara
who is a US citizen aged 18 years or older. 13

RENTAL HOUSING MEDIATION BOARD
 One vacancy.
 Term Expiration: December 31, 2027
 Qualifications/Categories: The majority of members (8) must be residents of the City of Santa Barbara.

Non-City resident members must reside in a jurisdiction which contracts with the Rental Housing Mediation Program for services (currently Goleta and Carpinteria). Member must be a Landlord Mediator who owns or manages residential properties for consideration or compensation, whether single or multiple units.
 Appointees may not hold any full-time paid office or employment in City government.

CATEGORY
(Number of
Vacancies)

APPLICANT
Incumbent
Appt. Dates
(Years Served)
Applicant’s
Preference
(1st, 2nd, 3rd)
Notes
Landlord Mediator
– City/County (1) NONE
*Registered voter in the City/County of Santa Barbara
who is a US citizen aged 18 years or older. 14

SANTA BARBARA YOUTH COUNCIL
 Thirteen vacancies.
 Term Expirations:
 June 30, 2026 (Public at Large-1; SBUSD High School students-2; Local Alt/Com/Cont’n-2)  June 30, 2027 (SBUSD High School students- 6; Local Private HS/Independent Studies- 1; Public at large- 1)  Qualifications/Categories: Members must be between the ages of 13-19 years and may be residents of the City or County. Majority of members must be City residents. Members must represent the following:
 Eight members must be from students attending a Santa Barbara Union School District high school:
o No more than 3 members can be from any one High School:
 SMHS (3 openings); SBHS (2 openings); DPHS (3 openings)  One member must be a student attending a Local Private School or independent studies;  Two members representing the Public at Large; and
 Two members must be students from a local alternative, community, or continuation high school.  Note: Up to 6 new members may be County residents.
 Note: All applicants also fit the category of Public at Large.

Applicants must appear for an interview before the Santa Barbara Youth Council and City Council.

CATEGORY
(Number of
Vacancies)

APPLICANT
Incumbent
Appt. Dates
(Years Served)
Applicant’s
Preference
(1st, 2nd, 3rd)
Notes
Local Alt, Comm, or
Cont. HS –
City/County (2)
NONE
Ariana Fisher DPHS (City)
Luca Flagiello SBHS (City)
Erick Gonzalez SBHS (City)
Rumi Jahangir-Arshad 11/19/2024
(6 months) SMHS (County)
Layla Llewellyn SMHS (County)
Victoria Martinez SMHS (County)
Sophia Mills SBHS (County)
Charlotte Smythe SMHS (City)
SBUSD High School –
City/County (3)
Wyatt Wagner SBHS (City)
CONTINUED ON THE NEXT PAGE.
*Registered voter in the City/County of Santa Barbara
who is a US citizen aged 18 years or older. 15
SANTA BARBARA YOUTH COUNCIL (cont’d)
 Thirteen vacancies.
 Term Expirations:
 June 30, 2026 (Public at Large-1; SBUSD High School students-2; Local Alt/Com/Cont’n-2)  June 30, 2027 (SBUSD High School students- 6; Local Private HS/Independent Studies- 1; Public at large- 1)  Qualifications/Categories: Members must be between the ages of 13-19 years and may be residents of the City or County. Majority of members must be City residents. Members must represent the following:
 Eight members must be from students attending a Santa Barbara Union School District high school:
o San Marcos High School, Santa Barbara High School, and Dos Pueblos High School. No more than 3 members can be from any one High School:
 SMHS (3 openings) ;SBHS (2 openings); DPHS (3 openings)  One member must be a student attending a Local Private School or independent studies;  Two members representing the Public at Large; and
 Two members must be students from a local alternative, community, or continuation high school.  Note: Up to 6 new members may be County residents.
 Note: All applicants also fit the category of Public at Large.

Applicants must appear for an interview before the Santa Barbara Youth Council and City Council.

CATEGORY
(Number of
Vacancies) APPLICANT
Incumbent
Appt. Dates
(Years Served)
Applicant’s
Preference
(1st, 2nd, 3rd) Notes
Naomi Walsh DPHS (County)
Carlos Vazquez 6/27/2023
(2 years) SMHS (City)
Amelia Leonardi SMHS (City)
SBUSD High School –
City/County (3)
(cont’d)
Frida Hernandez Pulido SMHS (County)
Sonia Marquez Miranda BDHS (County) Local Private High
School/Independent
Studies – City/County
(1) Micaela White Dual Enrollment: HCS/SBCC (City)
Public at Large – Riley Long La Colina JR High (County) City/County (2) Carter Saunders La Colina JR High (County) *Registered voter in the City/County of Santa Barbara
who is a US citizen aged 18 years or older. 16

SINGLE FAMILY DESIGN BOARD
 Two vacancies.
 Term Expiration: June 30, 2029
 Qualifications/Category: Members must be residents of the County of Santa Barbara and meet one of the following categories:
 Appointee must possess professional qualifications in fields related to architecture, including but not limited to, architecture or landscape architecture, including, but not limited to, building design, structural engineering, industrial design, urban planning, or landscape contracting; or  Appointee must be a Licensed Architect; or
 Appointee must represent the Public at Large.
 Appointees may not hold any full-time paid office or employment in City government.

CATEGORY
(Number of
Vacancies)

APPLICANT
Incumbent
Appt. Dates
(Years Served)
Applicant’s
Preference
(1st, 2nd, 3rd)
Notes
Katie Gerpheide 12/6/2022
(2 years, 6 months)
County Resident (2) Shahab Parsa
Dawn Sherry 4/11/2023
(2 years)