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32

CITY OF SHAFTER

STATEMENT OF NET POSITION
Governmental Business-Type
Activities Activities Total
Assets:

Cash and investments $ 4,033,051 87,000,680 $ $ 91,033,731 Accounts receivable, net 317,101 692,980 1,010,081
Interest receivable 277,571 - 277,571
Internal balances 4,476,983 (4,476,983) -
Prepaid costs 160,211 12,611 172,822
Due from other governments 5,570,332 406,917 5,977,249
Due from Successor Agency 1,128,015 - 1,128,015
Net pension asset 387,080 163,370 550,450
Capital assets not being depreciated 9,914,588 1,693,113 11,607,701 Capital assets, net of depreciation 34,560,978 50,653,958 85,214,936 Total Assets 143,793,539 53,179,017 196,972,556
Deferred Outflows of Resources:

Related to pensions 2,742,526 702,491 3,445,017
Related to OPEB 359,452 151,715 511,167
Total Deferred Outflows of Resources 3,101,978 854,206 3,956,184 Liabilities:

Accounts payable 7,075,689 377,775 7,453,464
Accrued liabilities 722,731 95,623 818,354
Unearned revenues 1,115,692 188,726 1,304,418
Deposits payable 74,246 280,022 354,268
Noncurrent liabilities:

Due within one year:

Compensated absences 786,228 260,570 1,046,798
Bonds and loans payable - 133,072 133,072
Due in more than one year:

Compensated absences 138,746 45,984 184,730
Bonds and loans payable - 206,202 206,202
Net pension liability 18,262 - 18,262
Total OPEB liability 860,228 363,080 1,223,308
Total Liabilities 10,791,822 1,951,054 12,742,876
Deferred Inflows of Resources:

Related to pensions 1,934,719 510,720 2,445,439
Related to OPEB 91,061 38,436 129,497
Deferred gain on refinancing - 13,811 13,811
Total Deferred Inflows of Resources 2,025,780 562,967 2,588,747 Net Position:

Net investment in capital assets 44,475,566 52,007,797 96,483,363 Restricted:

Traffic safety 178,251 - 178,251
Law enforcement 459,120 - 459,120
Road maintenance and transportation 1,461,791 - 1,461,791 Low and moderate income housing 1,773,619 - 1,773,619
Lighting and landscape maintenance 1,037,183 - 1,037,183 Water capital improvements 1,397,740 - 1,397,740
Wastewater capital improvements 5,999,377 - 5,999,377
Refuse capital improvements 309,476 - 309,476
New park and park improvements 57,569 - 57,569
Unrestricted 76,928,223 (488,595) 76,439,628
Total Net Position $ 134,077,915 $ 51,519,202 $ 185,597,117 JUNE 30, 2021
Primary Government
See Notes to Financial Statement.
33

CITY OF SHAFTER

STATEMENT OF ACTIVITIES
YEAR ENDED JUNE 30, 2021
Operating Capital
Charges for Contributions Contributions
Expenses Services and Grants and Grants
Functions/Programs:

Primary Government:

Governmental Activities:

General government $ 9,745,034 18,593,802 $ 885,006 $ $ - Public safety 8,477,288 134,619 314,318 -
Culture and recreation 659,182 - 60,235 65,653
Public works 6,677,328 1,148,514 2,000 4,446,706
Total Governmental Activities 34,407,600 11,028,167 1,261,559 4,512,359 Business-type Activities:

Water Services 4,482,734 4,918,463 - -
Wastewater Services 2,620,461 2,366,344 - -
MCCF 5,486,922 3,998,498 - -
Rail Spur Services 453,041 900 - -
Refuse Collection Services 1,366,704 1,228,478 5,366 -
Transit Services 455,275 21,591 - 387,384
Fiber Optic and Communication Tower 265,723 174,565 - - Total Business-Type Activities 15,130,860 12,708,839 5,366 387,384 Total Primary Government $ 49,538,460 $ 23,737,006 $ 1,266,925 $ 4,899,743 General Revenues and Transfers:

General Revenues:

Taxes:

Property taxes
Sales taxes
Franchise taxes
Other taxes
Motor vehicle in lieu - unrestricted
Investment earnings
Other
Gain on sale of capital asset
Transfers
Total General Revenues and Transfers
Change in Net Position
Net Position - Beginning, Originally Reported
Restatement of Net Position
Net Position - Beginning, as Restated
Net Position at End of Year
Program Revenues
See Notes to Financial Statement.
34

Primary Government
Governmental Business-Type
Activities Activities Total
$ (7,963,762) $ - $ (7,963,762)
(8,028,351) - (8,028,351)
(533,294) - (533,294)
(1,080,108) - (1,080,108)
(17,605,515) - (17,605,515)
- 435,729 435,729
- (254,117) (254,117)
- (1,488,424) (1,488,424)
- (452,141) (452,141)
- (132,860) (132,860)
- (46,300) (46,300)
- (91,158) (91,158)
- (2,029,271) (2,029,271)
(17,605,515) (2,029,271) (19,634,786)
2,336,157 - 2,336,157
22,014,895 - 22,014,895
903,471 - 903,471
94,632 - 94,632
2,835,678 - 2,835,678
561,277 75,978 637,255
4,975 418,290 423,265
788,700 - 788,700
(21,604) 21,604 -
29,518,181 515,872 30,034,053
11,912,666 (1,513,399) 10,399,267
122,693,824 52,580,533 175,274,357
(528,575) 452,068 (76,507)
122,165,249 53,032,601 175,197,850
$ 51,519,202 134,077,915 $ 185,597,117 $
Net (Expenses) Revenues and
Changes in Net Position
See Notes to Financial Statement.
35

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39

CITY OF SHAFTER

BALANCE SHEET

GOVERNMENTAL FUNDS
JUNE 30, 2021
Capital
Projects Fund
Other Total
Governmental Governmental
General Funds Funds
Assets:

Cash and investments $ 57,180,028 $ 1,125,449 $ 10,910,591 $ 17,532,567 $ 86,748,635 Accounts receivable, net 317,101 - - - 317,101
Interest receivable 277,571 - - - 277,571
Prepaid costs 158,255 - - - 158,255
Due from other governments 4,207,561 1,163,708 - 199,063 5,570,332 Due from other funds 4,602,473 - - - 4,602,473
Due from Successor Agency 1,128,015 - - - 1,128,015
Total Assets $ 67,871,004 $ 2,289,157 $ 10,910,591 $ 17,731,630 $ 98,802,382 Liabilities, Deferred inflows of Resources,
and Fund Balances:

Liabilities:

Accounts payable $ 6,999,943 $ 34,757 $ - $ 21,681 $ 7,056,381 Accrued liabilities 687,807 - - - 687,807
Unearned revenues 25,000 1,090,692 - - 1,115,692
Deposits payable 74,246 - - - 74,246
Due to other funds - - - 125,490 125,490
Total Liabilities 7,786,996 1,125,449 - 147,171 9,059,616 Deferred inflows of resources:

Unavailable revenues 65,653 1,163,708 - 8,501 1,237,862 Total Deferred inflows of Resources 65,653 1,163,708 - 8,501 1,237,862 Fund Balances:

Nonspendable:

Prepaid costs 158,255 - - - 158,255
Due from Successor Agency 1,128,015 - - - 1,128,015
Restricted for:

Traffic safety - - - 178,251 178,251
Law enforcement - - - 459,120 459,120
Road maintenance and transportation - - - 1,461,791 1,461,791 Low and moderate income housing - - - 1,773,619 1,773,619 Lighting and landscape maintenance - - - 1,037,183 1,037,183 Water capital improvements - - - 1,397,740 1,397,740
Wastewater capital improvements - - - 5,999,377 5,999,377 Refuse capital improvements - - - 309,476 309,476
New park and park improvements - - - 57,569 57,569
Assigned to:

Loss contingency - State BOE contingency 14,683,535 - - - 14,683,535 RDA bond proceeds for Shafter Job Center Access Improv 1,490,000 - - - 1,490,000 TCP settlement proceeds for water treatment projects 1,620,000 - - - 1,620,000 Accumulated losses in other funds 1,942,535 - - - 1,942,535 Funds available to loan to Water and Wastewater Funds 4,000,000 - - - 4,000,000 Strategically planned capital projects 13,250,000 - - - 13,250,000 Capital asset replacement - - - 4,644,833 4,644,833
MCCF Building and equipment replacement - - - 158,751 158,751 Traffic mitigation projects - - 10,910,591 - 10,910,591 Median Mitigation improvement - - - 107,199 107,199
Unassigned 21,746,015 - - (8,951) 21,737,064
Total Fund Balances 60,018,355 - 10,910,591 17,575,958 88,504,904 Total Liabilities, deferred inflows of
resources, and Fund Balances $ 67,871,004 $ 2,289,157 $ 10,910,591 $ 17,731,630 $ 98,802,382 Traffic Mitigation
Transportation Improvement
Special
Revenue Funds
See Notes to Financial Statement.
40

CITY OF SHAFTER

RECONCILIATION OF THE BALANCE SHEET OF GOVERNMENTAL FUNDS

TO THE STATEMENT OF NET POSITION
JUNE 30, 2021
Amounts reported for governmental activities in the Statement of Net Position are different because:

Total fund balances - governmental funds $ 88,504,904
Capital assets, net of accumulated depreciation, used in governmental activities are not financial resources and, therefore, are not reported in the funds. 44,292,414 Differences between expected and actual experiences, assumption changes, and net differences between projected and actual earnings and contributions subsequent to the measurement date for the postretirement benefits (pension and OPEB) are recognized as deferred outflows of resources and deferred inflows of resources on the Statement of Net Position.

Deferred outflows - pension related $ 2,636,491
Deferred outflows - OPEB related 336,595
Deferred inflows - pension related (1,857,628)
Deferred inflows - OPEB related (85,271)
Total deferred outflows and inflows related to postemployment benefits 1,030,187 Other long-term assets that are not available to pay for current period expenditures and, therefore, are either deferred or not reported in the funds.

Unavailable revenues 1,237,862
Net pension asset 362,420
Total long-term assets 1,600,282
The internal service funds are used by management to charge the costs of fllet management and risk management to individual funds. The assets, deferred outflows of resources, liabilities, and deferred inflows of resources of the internal service funds are included in governmental activities in the Statement of Net Position. 363,834 Long-term liabilities that are not due and payable in the current period, and therefore, are not reported in the funds.

Compensated absences (889,918)
Net pension liability (18,262)
Net OPEB liability (805,526)
Total long-term liabilities (1,713,706)
Net Position of Governmental Activities $ 134,077,915
See Notes to Financial Statement.
41

CITY OF SHAFTER

STATEMENT OF REVENUES,

EXPENDITURES AND CHANGES IN FUND BALANCES

GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2021
Capital
Projects Funds
Other Total
Governmental Governmental
General Funds Funds
Revenues:

Taxes $ - 28,169,841 $ - $ 811,482 $ $ 28,981,323
Licenses, permits and fees 3,428,090 - 2,688,835 2,768,231 8,885,156 Intergovernmental 1,051,088 292,208 - 1,690,044 3,033,340 Special assessments - - - 706,226 706,226
Charges for services 1,444,044 - - - 1,444,044
Use of money and property 498,064 17,520 144,427 224,260 884,271 Fines, forfeitures and penalties 79,130 - - 72,021 151,151 Miscellaneous 229,797 - - - 229,797
Total Revenues 34,900,054 309,728 2,833,262 6,272,264 44,315,308 Expenditures:

Current:

General government 18,200,259 - - 24 18,200,283
Public safety 7,461,897 - - - 7,461,897
Culture and recreation 257,135 - - - 257,135
Public works 3,829,358 - - 561,131 4,390,489
Capital outlay 2,113,297 309,728 7,654 1,346,981 3,777,660 Total Expenditures 31,861,946 309,728 7,654 1,908,136 34,087,464 Excess (Deficiency) of Revenues
Over (Under) Expenditures 3,038,108 - 2,825,608 4,364,128 10,227,844 Other Financing Sources (Uses):

Transfers in 199,246 - - - 199,246
Transfers out - - - (220,850) (220,850)
Proceeds from sale of capital asset 788,700 - - - 788,700 Total Other Financing Sources
(Uses) 987,946 - - (220,850) 767,096
Net Change in Fund Balances 4,026,054 - 2,825,608 4,143,278 10,994,940 Fund Balances, Beginning of Year, as
previously reported 55,992,301 - 8,084,983 14,309,168 78,386,452 Restatements - - - (876,488) (876,488)
Fund Balances, Beginning of Year, as restated 55,992,301 - 8,084,983 13,432,680 77,509,964 Fund Balances, End of Year $ 60,018,355 $ - $ 10,910,591 $ 17,575,958 $ 88,504,904 Special
Revenue Funds
Transportation
Traffic Mitigation
Improvement
See Notes to Financial Statement.
42

CITY OF SHAFTER

RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES,

AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS

TO THE STATEMENT OF ACTIVITIES
YEAR ENDED JUNE 30, 2021
Amounts reported for governmental activities in the Statement of Activities are different because:

Net change in fund balances - total governmental funds $ 10,994,940 Governmental funds report capital outlays as expenditures. However, in the Statement of Activities, the cost of these assets is allocated over their estimated useful lives and reported as depreciation expense. This is the amount by which capital outlays exceeded depreciation expense in the current period.

Capital outlay $ 4,398,219
Depreciation expense (2,526,499)
Loss on disposal (1,066,446)
805,274
Revenues in the Statement of Activities that do not provide current financial resources are not reported as revenues in the funds. 1,237,862
The internal service funds are used by management to charge the costs of fllet management and risk management to individual funds. The net revenue of activities of internal service funds is reported with governmental activities. 54,325
Some expenses reported in the Statement of Activities do not require the use of current financial resources and, therefore, are not reported as expenditures in the governmental funds.

Compensated absences (36,859)
Changes in pension liability/asset and related deferred outflows and inflows of resources (1,022,931) Changes in OPEB liability and related deferred outflows and inflows of resources (119,945) (1,179,735)
Change in Net Position of Governmental Activities $ 11,912,666 See Notes to Financial Statement.
43

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44

Proprietary Funds Financial Statements
Water Services Fund – This fund is used to account for the activities of the City's water pumping, treatment and distribution operations.

Wastewater Services Fund – This fund is used to account for the activities of the City's wastewater collection and treatment operations.

Modified Community Correctional Facility (MCCF) Fund – This fund is used to account for the activities of the City's small prison operations provided under contract with the State of California.

Rail Spur Services Fund – This fund is used to account for the activities of the City's Rail operations created with the construction of an initial rail spur within the City. The enterprise account is being built and significant operational revenue is expected in future years. The revenue from this operation is initially pledged for repayment of a loan advanced by the General Fund.

Internal Service Funds – These funds are used to provide goods and services by one department or agency to other departments or agencies of the City on a cost reimbursement basis. 45

CITY OF SHAFTER

STATEMENT OF NET POSITION

PROPRIETARY FUNDS
JUNE 30, 2021
Governmental
Other ActivitiesEnterprise Internal
Funds Totals Service Funds
Assets:

Current:

Cash and investments $ 1,201,265 $ 2,764,882 $ - - $ 66,904 $ 4,033,051 $ 252,045 Accounts receivable 381,068 172,733 7,624 9,280 122,275 692,980 - Prepaid costs - - 12,309 - 302 12,611 1,956
Due from other governments - - - - 406,917 406,917 -
Total Current Assets 1,582,333 2,937,615 19,933 9,280 596,398 5,145,559 254,001 Noncurrent:

Net pension asset 23,060 10,680 110,810 1,980 16,840 163,370 24,660 Capital assets - net of accumulated depreciation 18,469,799 15,191,363 6,407,890 8,554,520 3,723,499 52,347,071 183,152 Total Noncurrent Assets 18,492,859 15,202,043 6,518,700 8,556,500 3,740,339 52,510,441 207,812 Total Assets 20,075,192 18,139,658 6,538,633 8,565,780 4,336,737 57,656,000 461,813 Deferred Outflows of Resources:

Related to pensions 99,173 45,917 476,455 8,520 72,426 702,491 106,035 Related to OPEB 21,424 9,931 102,888 1,839 15,633 151,715 22,857 Total Deferred Outflows of Resources 120,597 55,848 579,343 10,359 88,059 854,206 128,892 Liabilities:

Current:

Accounts payable 173,181 114,466 25,187 1,360 63,581 377,775 19,308 Accrued liabilities 37,045 16,984 11,992 2,859 26,743 95,623 34,924 Unearned revenues - - - - 188,726 188,726 -
Deposits payable 193,122 - 86,900 - - 280,022 -
Due to other funds - - 2,067,878 1,380,350 1,028,755 4,476,983 - Compensated absences 68,577 39,989 104,864 21,933 25,207 260,570 29,798 Bonds and loans payable - 133,072 - - - 133,072 -
Total Current Liabilities 471,925 304,511 2,296,821 1,406,502 1,333,012 5,812,771 84,030 Noncurrent:

Compensated absences 12,102 7,057 18,506 3,870 4,449 45,984 5,258 Bonds and loans payable - 206,202 - - - 206,202 -
Total OPEB liability 51,272 23,768 246,228 4,400 37,412 363,080 54,702 Total Noncurrent Liabilities 63,374 237,027 264,734 8,270 41,861 615,266 59,960 Total Liabilities 535,299 541,538 2,561,555 1,414,772 1,374,873 6,428,037 143,990 Deferred Inflows of Resources:

Related to pensions 72,100 33,382 346,389 6,194 52,655 510,720 77,091 Related to OPEB 5,428 2,516 26,065 466 3,961 38,436 5,790 Deferred gain on refinancing - 13,811 - - - 13,811 -
Total Deferred Inflows of Resources 77,528 49,709 372,454 6,660 56,616 562,967 82,881 Net Position:

Net investment in capital assets 18,469,799 14,852,089 6,407,890 8,554,520 3,723,499 52,007,797 183,152 Unrestricted 1,113,163 2,752,170 (2,223,923) (1,399,813) (730,192) (488,595) 180,682 Total Net Position $ 19,582,962 $ 17,604,259 $ 4,183,967 $ 7,154,707 $ 2,993,307 $ 51,519,202 $ 363,834 Business-Type Activities - Enterprise Funds
Water
Services
Wastewater
Services MCCF
Rail Spur
Services
See Notes to Financial Statement.
46

CITY OF SHAFTER

STATEMENT OF REVENUES, EXPENSES

AND CHANGES IN FUND NET POSITION

PROPRIETARY FUNDS
YEAR ENDED JUNE 30, 2021
Governmental
Other ActivitiesEnterprise Internal
Funds Totals Service Funds
Operating Revenues:

Charges for services 4,918,463 $ 2,366,344 $ 3,998,498 $ 900 $ 1,424,634 $ 12,708,839 $ 2,346,330 $ Miscellaneous 352,243 1,780 38,526 18,000 7,741 418,290 261 Total Operating Revenues 5,270,706 2,368,124 4,037,024 18,900 1,432,375 13,127,129 2,346,591 Operating Expenses:

Salaries and wages 806,904 424,660 3,954,650 78,899 610,479 5,875,592 747,631 Administration 38,968 347,779 227,679 - 189,568 803,994 102,463 Contractual 1,166,337 - 259,857 59,639 393,082 1,878,915 1,110,266 Materials - 42,275 - - 36,997 79,272 -
Maintenance and repair 114,892 747,489 43,243 13,365 134,527 1,053,51699,512 Utilities 1,260,846 57,742 247,634 2,771 56,059 1,625,052 92,210 Equipment and supplies 158,504 87,810 226,587 - 340,487 813,388 61,191 Depreciation expense 936,283 906,880 527,272 298,367 326,503 2,995,30578,993 Total Operating Expenses 4,482,734 2,614,635 5,486,922 453,041 2,087,702 15,125,034 2,292,266 Operating Income (Loss) 787,972 (246,511) (1,449,898) (434,141) (655,327) (1,997,905) 54,325 Nonoperating Revenues (Expenses):

Interest revenue 30,752 41,215 - - 4,011 75,978 -
Interest expense - (5,826) - - - (5,826) -
Grants - - - - 5,366 5,366 -
Local transportation funding - - - - 387,384 387,384 -
Total Nonoperating
Revenues (Expenses) 30,752 35,389 - - 396,761 462,902 - Income (Loss) Before Transfers 818,724 (211,122) (1,449,898) (434,141) (258,566) (1,535,003) 54,325 Transfers in - - - - 21,604 21,604 -
Changes in Net Position 818,724 (211,122) (1,449,898) (434,141) (236,962) (1,513,399) 54,325 Net Position:

Beginning of Year, as
previously reported 18,764,238 17,577,287 5,419,891 7,588,848 3,230,269 52,580,533 309,509 Restatements - 238,094 213,974 - - 452,068 -
Beginning of Fiscal Year, as restated 18,764,238 17,815,381 5,633,865 7,588,848 3,230,269 53,032,601 309,509 End of Fiscal Year $ 19,582,962 $ 17,604,259 $ 4,183,967 $ 7,154,707 $ 2,993,307 $ 51,519,202 $ 363,834 Business-Type Activities - Enterprise Funds
Water
Services
Wastewater
Services MCCF
Rail Spur
Services
See Notes to Financial Statement.
47

CITY OF SHAFTER

STATEMENT OF CASH FLOWS

PROPRIETARY FUNDS
YEAR ENDED JUNE 30, 2021
Governmental
Other ActivitiesEnterprise Internal
Funds Totals Service Funds
Cash Flows from Operating Activities:

Cash received from customers and users $ 2,261,170 5,175,813 $ 7,159,690 $ 63,370 $ 1,173,515 $ 15,833,558 $ $ 2,346,591 Cash paid to suppliers for goods and services (3,158,714) (1,503,914) (1,204,177) (78,168) (1,182,307) (7,127,280) (1,476,459) Cash paid to employees for services (767,890) (338,523) (3,012,210) (60,119) (546,169) (4,724,911) (654,321) Net Cash Provided (Used) by Operating Activities 1,249,209 418,733 2,943,303 (74,917) (554,961) 3,981,367 215,811 Cash Flows from Non-Capital
Financing Activities:

Cash transfers in - - - - 21,604 21,604 -
Repayment received from other funds - - - 74,917 84,079 158,996 - Repayment made to other funds - - (3,031,424) - (36,455) (3,067,879) (2,269) Subsidy from federal and state grants - - - - 5,366 5,366 - Net Cash Provided (Used) by
Non-Capital Financing Activities - - (3,031,424) 74,917 74,594 (2,881,913) (2,269) Cash Flows from Capital
and Related Financing Activities:

Subsidy from federal and state grants - - - - 520,109 520,109 - Acquisition and construction of capital assets (2,157,888) (226,814) - - (417,516) (2,802,218) - Principal paid on capital debt - (128,077) - - - (128,077) - Interest paid on capital debt - (31,994) - - - (31,994) - Net Cash Provided (Used) by
Capital and Related Financing Activities (2,157,888) (386,885) - - 102,593 (2,442,180) - Cash Flows from Investing Activities:

Interest received 30,751 41,215 - - 4,011 75,977 -
Net Cash Provided (Used) by
Investing Activities 30,751 41,215 - - 4,011 75,977 -
Net Increase (Decrease) in Cash
and Cash Equivalents (877,928) 73,063 (88,121) - (373,763) (1,266,749) 213,542 Cash and Cash Equivalents at Beginning of Year 2,079,193 2,691,819 88,121 - 440,667 5,299,800 38,503 Cash and Cash Equivalents at End of Year $ 1,201,265 $ 2,764,882 $ - $ - $ 66,904 $ 4,033,051 $ 252,045 Reconciliation of Operating Income to Net Cash
Provided (Used) by Operating Activities:

Operating income (loss) $ 787,972 $ (246,511) $ (1,449,898) $ (434,141) $ (655,327) $ (1,997,905) $ 54,325 Adjustments to reconcile operating income (loss)
net cash provided (used) by operating activities:

Depreciation 936,283 906,880 527,272 298,367 326,503 2,995,305 78,993 (Increase) decrease in accounts receivable (108,430) (78,491) 3,127,066 44,470 (71,743) 2,912,872 - (Increase) decrease in prepaid expense - - (12,309) - (302) (12,611) 5,640 (Increase) decrease in net pension asset (7,797) 25,461 594,728 36 19,301 631,729 28,903 (Increase) decrease in deferred inflow of resources - pensions (59,248) 43,828 1,110,858 (3,091) 9,107 1,101,454 16,143 (Increase) decrease in deferred inflow of resources - OPEB (8,190) (4,335) (17,130) (1,028) (3,517) (34,200) (12,252) Increase (decrease) in accounts payable (419,167) (220,819) (186,868) (2,393) (184,544) (1,013,791) (16,457) Increase (decrease) in accrued liabilities 36,791 16,963 11,677 2,859 26,743 95,033 34,906 Increase (decrease) in deposits payable 13,537 (28,463) (4,400) - (33,858) (53,184) - Increase (decrease) in compensated absences 24,906 16,360 (138,770) 15,215 13,258 (69,031) (629) Increase (decrease) in OPEB liability (455) 1,896 (88,956) 1,229 (9,940) (96,226) 13,255 Increase (decrease) in deferred outflows of resources - pensions 48,644 (16,102) (549,129) 3,159 6,372 (507,056) 8,048 Increase (decrease) in deferred outflows of resources - OPEB 4,363 2,066 19,162 401 2,986 28,978 4,936 Total Adjustments 461,237 665,244 4,393,201 359,224 100,366 5,979,272 161,486 Net Cash Provided (Used) by
Operating Activities 1, $ 418,733 249,209 $ 2,943,303 $ (74,917) $ (554, $ 3,981,367 961) $ 215,811 $ Non-Cash Investing, Capital, and Financing Activities:

None.

Business-Type Activities - Enterprise Funds
Water Services
Wastewater
Services MCCF
Rail Spur
Services
See Notes to Financial Statement.
48

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49

CITY OF SHAFTER

STATEMENT OF FIDUCIARY NET POSITION

FIDUCIARY FUNDS
JUNE 30, 2021
MCCF
Inmate Funds
Assets:

Cash and cash equivalents $ 278,137 $ 991,682
Cash and investments with fiscal agent - 555
Inventories 11,612 -
Total Assets 301,056 992,237
Deferred Outflows of Resources:

Deferred charge on refunding - 79,400
Total Deferred Outflows of Resources - 79,400
Liabilities:

Accrued interest - 69,381
Due to City - 1,128,015
Long-term liabilities:

Due in one year - 500,000
Due in more than one year - 9,874,840
Total Liabilities - 11,572,236
Net Position:

Restricted for other organizaitons and governments 301,056 (10,500,599) Total Net Position $ 301,056 $ (10,500,599)
Custodial
Fund
PrivatePurpose Trust
Fund
Successor
Agency
See Notes to Financial Statements.
50

CITY OF SHAFTER

STATEMENT OF CHANGES IN FIDUCIARY NET POSITION

FIDUCIARY FUNDS
YEAR ENDED JUNE 30, 2021
MCCF
Inmate Funds
Additions:

Canteen sales $ - 97,041 $
Taxes - 1,497,598
Interest and change in fair value of investments 144 -
Total Additions 97,185 1,497,598
Deductions:

Administrative expenses 66,871 250,000
Interest expense - 435,869
Total Deductions 66,871 685,869
Changes in Net Position 30,314 811,729
Net Position - Beginning of the Year - (11,312,328)
Restatements 270,742 -
Fund Balances, Beginning of Year, as restated 270,742 (11,312,328) Net Position - End of the Year $ 301,056 $ (10,500,599) Custodial
Fund
PrivatePurpose Trust
Fund
Successor
Agency
See Notes to Financial Statements.
51

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93

CITY OF SHAFTER

BUDGETARY COMPARISON STATEMENT

GENERAL FUND
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ 55,992,301 $ 55,992,301 $ 55,992,301 $ - Resources (Inflows):

Taxes 20,794,609 20,794,609 28,169,841 7,375,232
Licenses, permits and fees 1,439,125 1,439,125 3,428,090 1,988,965 Intergovernmental 17,500 17,500 1,051,088 1,033,588
Charges for services 4,366,562 4,366,562 1,444,044 (2,922,518) Use of money and property 1,524,022 1,524,022 498,064 (1,025,958) Fines, forfeitures and penalties 12,200 12,200 79,130 66,930 Miscellaneous 85,000 85,000 229,797 144,797
Transfers in - - 199,246 199,246
Proceeds from sale of capital asset 10,000 10,000 788,700 778,700 Amounts Available for Appropriation 84,241,319 84,241,319 91,880,301 7,638,982 Charges to Appropriation (Outflow):

General government 12,566,289 12,740,052 18,200,259 (5,460,207) Public safety 7,055,153 7,112,602 7,461,897 (349,295)
Culture and recreation 132,100 133,426 257,135 (123,709) Public works 4,216,372 4,003,115 3,829,358 173,757
Capital outlay 32,000 414,816 2,113,297 (1,698,481)
Total Charges to Appropriations 24,001,914 24,404,011 31,861,946 (7,457,935) Budgetary Fund Balance, June 30 $ 60,239,405 $ 59,837,308 $ 60,018,355 $ 181,047 94

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

TRANSPORTATION
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ - $ - $ - $ -
Resources (Inflows):

Intergovernmental 292,451 292,451 292,208 (243)
Use of money and property 6,052 6,052 17,520 11,468
Amounts Available for Appropriation 298,503 298,503 309,728 11,225 Charges to Appropriation (Outflow):

Capital outlay 375,037 375,037 309,728 65,309
Total Charges to Appropriations 375,037 375,037 309,728 65,309 Budgetary Fund Balance, June 30 $( (76,534) $ 76,534) $ - $ 76,534 95

CITY OF SHAFTER

SCHEDULE OF CHANGES IN THE TOTAL OPEB LIABILITY AND RELATED RATIOS AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS 1
2021 2020 2019 2018 2017
Measurement Date 6/30/2020 6/30/2019 6/30/2018 6/30/2017 6/30/2016 Total OPEB Liability
Service cost $ 119,132 128,353 $ 87,622 $ $ 66,630 $ 64,533 Interest on the total OPEB liability 42,434 41,112 25,248 19,164 17,574 Actual and expected experience difference (119,666) - 166,836 - - Changes in assumptions 97,708 30,457 107,545 (31,411) 33,613 Benefit payments (19,108) (80,664) (42,632) (42,461) (14,403) Net change in total OPEB liability 129,721 110,037 344,619 11,922 101,317 Total OPEB liability - beginning 1,093,586 983,549 638,930 627,008 525,691 Total OPEB liability - ending (a) $ 1, 1,223,307 $ 093,586 $ 638,930 983,549 $ $ 627,008 Plan fiduciary net position as a percentage
of the total OPEB liability 0.0% 0.0% 0.0% 0.0% 0.0%
Covered-employee payroll $ 6, 8,175,600 $ 6,654,022 904,125 $ $ 5,982,927 $ 5,594,858 Net OPEB liability as a percentage
of covered-employee payroll 15.0% 15.8% 14.8% 10.7% 11.2% Notes to Schedule:
1 Historical information is required only for the measurement periods for which GASB 75 is applicable. Fiscal Year 2018 was the first year of implementation. Future years' information will be displayed up to 10 years as information becomes available. 96

CITY OF SHAFTER

SCHEDULE OF PROPORTIONATE SHARE OF THE NET PENSION LIABILITY/(ASSET)

MISCELLANEOUS PLAN
AS OF JUNE 30 FOR THE LAST TEN FISCAL YEARS 1
Proportionate Share
of the Net Pension Plan's Fiduciary Net
Proportion of the Proportionate Share Liability/(Asset) as a Position as a % Reporting Date 2 Net Pension of Net Pension Percentage of of the Total as of June 30, Liability/(Asset) Liability/(Asset) Covered Payroll Covered Payroll Pension Liability 2021 -0.00506% $ (550,450) $ 10,029,113 -5.5% 75.1%
2020 -0.03600% (1,439,873) 9,962,904 -14.5% 75.3%
2019 -0.05790% (2,182,345) 9,503,909 -23.0% 75.3%
2018 0.06842% 2,697,227 9,075,068 29.7% 73.3%
2017 0.05028% 1,746,829 8,759,952 19.9% 74.1%
2016 -0.01018% (279,264) 8,385,083 -3.3% 78.4%
2015 0.15966% 4,009,888 8,140,857 49.3% 79.8%
Notes to Schedule of Proportionate Share of the Net Pension Liability:

Benefit Changes: None
Changes of Assumptions: None
1 Historical information is required only for measurement for which GASB 68 is applicable. Fiscal year 2015 was the first year of implementation, therefore only seven years are shown.
2 The proportions and proportionate share of the net pension liability are measured as of one year behind the reporting date. Refer to notes to basic financial statements.
97

CITY OF SHAFTER

SCHEDULE OF PROPORTIONATE SHARE OF THE NET PENSION LIABILITY/(ASSET)

SAFETY PLAN
AS OF JUNE 30 FOR THE LAST TEN FISCAL YEARS 1
Proportionate Share
of the Net Pension Plan's Fiduciary Net
Proportion of the Proportionate Share Liability/(Asset) as a Position as a % Reporting Date 2 Net Pension of Net Pension Percentage of of the Total as of June 30, Liability/(Asset) Liability/(Asset) Covered Payroll Covered Payroll Pension Liability 2021 -0.00037% $ 18,262 $ 2,113,776 0.9% 75.1%
2020 -0.00670% (418,601) 1,983,520 -21.1% 75.3%
2019 -0.01160% (679,163) 1,896,452 -35.8% 75.3%
2018 0.01888% 1,127,918 1,909,531 59.1% 73.3%
2017 0.01545% 800,238 1,600,988 50.0% 74.1%
2016 -0.00077% (31,768) 1,369,953 -2.3% 78.4%
2015 0.03114% 1,830,106 1,330,051 137.6% 79.8%
Notes to Schedule of Proportionate Share of the Net Pension Liability:

Benefit Changes: None
Changes of Assumptions: None
1 Historical information is required only for measurement for which GASB 68 is applicable. Fiscal year 2015 was the first year of implementation, therefore only seven years are shown.
2 The proportions and proportionate share of the net pension liability are measured as of one year behind the reporting date. Refer to notes to basic financial statements.
98

CITY OF SHAFTER

SCHEDULE OF PLAN CONTRIBUTIONS

MISCELLANEOUS PLAN
AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS 1
Fiscal Year Actuarially Actual Contribution Contribution Ending Determined Employer Deficiency Covered as a % of June 30, Contribution Contribution (Excess) Payroll Covered Payroll 2021 $ 637,064 $ 637,064 $ - 7,839,213 8.1%
2020 843,597 843,597 - 10,029,113 8.4%
2019 795,495 795,495 - 9,962,904 8.0%
2018 803,239 5,075,239 (4,272,000) 9,503,909 53.4%
2017 683,489 683,489 - 9,075,068 7.5%
2016 653,073 653,073 - 8,759,952 7.5%
2015 677,066 2,711,386 (2,034,320) 8,385,083 32.3%
Notes to Schedule of Plan Contributions:

Valuation Date: June 30, 2018
Methods and assumptions used to determine contribution rates:

Actuarial cost method: Entry Age Normal
Amortization method: For details, see June 30, 2018 Funding Valuation Report available on CalPERS' website.

Remaining amortization period: For details, see June 30, 2018 Funding Valuation Report available on CalPERS' website.

Inflation: 2.5%
Salary Increases: Varies by entry age and service
Investment rate of return: 7.0%
Cost of Living Adjustments: 2.0%
Retirement age: Based on the 2017 CalPERS Experience Study for the period 1997-2015 1 Historical information is required only for measurement for which GASB 68 is applicable. Fiscal year 2015 was the first year of implementation, therefore only seven years are shown.

Mortality: Based on the 2017 CalPERS Experience Study for the period 1997-2015. Post-retirement mortality rates include 15 years of projected on-going mortality improvements using 90% of Scale MP 2016 published by the Society of Actuaries. 99

CITY OF SHAFTER

SCHEDULE OF PLAN CONTRIBUTIONS

SAFETY PLAN
AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS 1
Fiscal Year Actuarially Actual Contribution Contribution Ending Determined Employer Deficiency Covered as a % of June 30, Contribution Contribution (Excess) Payroll Covered Payroll 2021 $ 413,337 $ 413,337 $ - 1,604,669 25.8%
2020 361,604 361,604 - 2,113,776 17.1%
2019 320,722 320,722 - 1,983,520 16.2%
2018 349,243 2,034,243 (1,685,000) 1,896,452 107.3%
2017 299,645 299,645 - 1,909,531 15.7%
2016 257,507 257,507 - 1,600,988 16.1%
2015 299,437 299,437 - 1,369,953 21.9%
Notes to Schedule of Plan Contributions:

Valuation Date: June 30, 2018
Methods and assumptions used to determine contribution rates:

Actuarial cost method: Entry Age Normal
Amortization method: For details, see June 30, 2018 Funding Valuation Report available on CalPERS' website.

Remaining amortization period: For details, see June 30, 2018 Funding Valuation Report available on CalPERS' website.

Inflation: 2.5%
Salary Increases: Varies by entry age and service
Investment rate of return: 7.0%
Cost of Living Adjustments: 2.0%
Retirement age: Based on the 2017 CalPERS Experience Study for the period 1997-2015 Mortality: Based on the 2017 CalPERS Experience Study for the period 1997-2015. Post-retirement mortality rates include 15 years of projected on-going mortality improvements using 90% of Scale MP 2016 published by the Society of Actuaries. 1 Historical information is required only for measurement for which GASB 68 is applicable. Fiscal year 2015 was the first year of implementation, therefore only seven years are shown.
100

6833/(0(17$5<,1)250$7,21
101

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Federal Grants Fund7KLVIXQGLVXVHGWRDFFRXQWIRUYDULRXV)HGHUDO+LJKZD\DQGWUDQVSRUWDWLRQJUDQWV UHFHLYHGE\WKH&LW\
Traffic Safety Fund - 7KLVIXQGLVXVHGWRDFFRXQWIRUWKH&LW\ VVKDUHRIWUDIILFYLRODWLRQILQHVDOORFDWHGIRU
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SLESF Grants Fund - 7KLVIXQGLVXVHGWRDFFRXQWIRUUHYHQXHVDQGH[SHQGLWXUHVDVVRFLDWHGZLWKIURQW OLQHODZHQIRUFHPHQWDQGPXQLFLSDOSROLFHVHUYLFHV
State Gasoline Tax Fund - 7KLVIXQG LV XVHGWR DFFRXQWIRUWKH&LW\ V VKDUH RI JDVROLQHWD[HVWKDW DUH
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Road Maintenance and Rehabilitation Act Fund - 7KLV IXQG LV XVHG WR DFFRXQW IRU LQWHUJRYHUQPHQWDO UHYHQXHVDQGH[SHQGLWXUHVUHODWLYHWRWKH6WDWHRI&DOLIRUQLD5RDG0DLQWHQDQFHDQG5HKDELOLWDWLRQ$FWIRU PDLQWHQDQFHRUUHFRQVWUXFWLRQUHODWHGWRVWUHHWV
Housing and Community Development Fund - 7KLV IXQG LV XVHG WR DFFRXQW IRU UHYHQXHV DQG H[SHQGLWXUHV UHODWHG WR SURJUDPV DQG SURMHFWV IXQGHG ZLWK +RXVLQJ  &RPPXQLW\ 'HYHORSPHQW JUDQW SURFHHGV
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Water Capital Improvement Fund -7KLVIXQGZDVHVWDEOLVKHGWRDFFRXQWIRUWKHLPSDFWIHHVFKDUJHGWR GHYHORSHUVIRUWKHLPSURYHPHQWVWKDWZLOOEHFRPHQHFHVVDU\WRNHHSSDFHZLWKWKHGHPDQGVSODFHGRQ H[LVWLQJSODQWDVVHWV7KLVDOORZVIRUDQLQFUHPHQWDOFKDUJHIRUH[LVWLQJFDSDFLW\WREHHVWDEOLVKHGWKDWZLOO EXLOGDGGLWLRQDOSODQWFDSDFLW\LQVWDJHGSKDVHV
Wastewater Capital Improvement Fund - 7KLV IXQG ZDV HVWDEOLVKHG WR DFFRXQW IRU WKH LPSDFW IHHV FKDUJHGWRGHYHORSHUVIRUWKHLPSURYHPHQWVWKDWZLOOEHFRPHQHFHVVDU\WRNHHSSDFHZLWKWKHGHPDQGV SODFHGRQH[LVWLQJSODQWDVVHWV
Refuse Capital Improvement Fund -7KLVIXQGZDVHVWDEOLVKHGWRDFFRXQWIRUWKHLPSDFWIHHVFKDUJHGWR GHYHORSHUVIRUWKHFRVWRIQHZUHIXVHFROOHFWLQJV\VWHPWKDWZLOOEHFRPHQHFHVVDU\WRNHHSSDFHZLWKWKH GHPDQGVSODFHGRQH[LVWLQJDVVHWV
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Park Capital Improvement Fund - 7KLV IXQG ZDV HVWDEOLVKHG WR DFFRXQW IRU WKH SDUNLQOLHX IHH WKDW LV FKDUJHGWRGHYHORSHUVIRUWKHFRVWRIQHZSDUNVRULPSURYHPHQWVWRH[LVWLQJSDUNV Capital Assets Replacement Fund - 7KLVIXQGZDVHVWDEOLVKHGWRDFFRXQWIRUWKHSXUFKDVHRUFRQVWUXFWLRQ RIDQHZ&LW\+DOOIDFLOLW\7KHSXUSRVHRIWKHIXQGLVWRVHWDVLGHDQGUHVWULFWVDVVHWVWRUHSODFHH[LVWLQJ IDFLOLWLHVLQWKHIXWXUH
MCCF Building and Equipment Replacement Fund - 7KLVIXQGLVXVHGWRDFFRXQWIRUWKHDFWLYLWLHVRIWKH &LW\
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Median Mitigation Improvement Fund - 7KLVIXQGZDVHVWDEOLVKHGWRDFFRXQWIRUH[SHQGLWXUHVIRUWKHFRVW RIPHGLDQLQVWDOODWLRQUHODWHGSURMHFWVWKDWVHUYHPRUHWKDQRQHSURMHFWRUPXOWLSOHSKDVHVRISURMHFWV 103

CITY OF SHAFTER

COMBINING BALANCE SHEET

NONMAJOR GOVERNMENTAL FUNDS
JUNE 30, 2021
Assets:

Cash and investments $ - $ 172,155 $ 255,806 $ 1,398,996 Due from other governments 115,411 6,096 - -
Total Assets 115,411 $ 178,251 $ 255,806 $ 1,398,996 $
Liabilities, Deferred inflows of Resources,
and Fund Balances:

Liabilities:

Accounts payable $ 5,132 $ - $ - $ -
Due to other funds 86,817 - - -
Total Liabilities 91,949 - - -
Deferred inflows of resources:

Unavailable revenues - - - -
Total Deferred inflows of Resources - - - -
Fund Balances:

Nonspendable:

Restricted for:

Traffic safety - 178,251 - -
Law enforcement - - 255,806 -
Road maintenance and transportation 23,462 - - 1,398,996 Low and moderate income housing - - - -
Lighting and landscape maintenance - - - -
Water capital improvements - - - -
Wastewater capital improvements - - - -
Refuse capital improvements - - - -
New park and park improvements - - - -
Assigned to:

Capital asset replacement - - - -
MCCF Building and equipment replacement - - - -
Median Mitigation improvement - - - -
Unassigned ----
Total Fund Balances 23,462 178,251 255,806 1,398,996
Total Liabilities, deferred inflows of
resources, and Fund Balances $ 115,411 $ 178,251 $ 255,806 $ 1,398,996 Federal Grants Traffic Safety SELSF Grants
State Gasoline
Tax
Special Revenue Funds
104

CITY OF SHAFTER

COMBINING BALANCE SHEET

NONMAJOR GOVERNMENTAL FUNDS
JUNE 30, 2021
Assets:

Cash and investments
Due from other governments
Total Assets
Liabilities, Deferred inflows of Resources,
and Fund Balances:

Liabilities:

Accounts payable
Due to other funds
Total Liabilities
Deferred inflows of resources:

Unavailable revenues
Total Deferred inflows of Resources
Fund Balances:

Nonspendable:

Restricted for:

Traffic safety
Law enforcement
Road maintenance and transportation
Low and moderate income housing
Lighting and landscape maintenance
Water capital improvements
Wastewater capital improvements
Refuse capital improvements
New park and park improvements
Assigned to:

Capital asset replacement
MCCF Building and equipment replacement
Median Mitigation improvement
Unassigned
Total Fund Balances
Total Liabilities, deferred inflows of
resources, and Fund Balances
(CONTINUED)
$ 199,675 3,639 $ $ - $ -
- - 69,055 8,501
$ 199,675 3,639 $ $ 69,055 $ 8,501
$ - - $ $ - $ -
- - 29,722 8,951
- - 29,722 8,951
- - -8,501
- - -8,501
-- --
3,639 199,675 - -
- - 39,333 -
-- --
-- --
-- --
-- --
-- --
-- --
-- --
-- --
-- --
- - - (8,951)
3,639 199,675 39,333 (8,951)
$ 199,675 3,639 $ $ 69,055 $ 8,501
Asset Forfeiture
Road Maintenance
and Rehabilitation
Act
Housing and
Community
Police Services Development
Special Revenue Funds
105

CITY OF SHAFTER

COMBINING BALANCE SHEET

NONMAJOR GOVERNMENTAL FUNDS
JUNE 30, 2021
Assets:

Cash and investments
Due from other governments
Total Assets
Liabilities, Deferred inflows of Resources,
and Fund Balances:

Liabilities:

Accounts payable
Due to other funds
Total Liabilities
Deferred inflows of resources:

Unavailable revenues
Total Deferred inflows of Resources
Fund Balances:

Nonspendable:

Restricted for:

Traffic safety
Law enforcement
Road maintenance and transportation
Low and moderate income housing
Lighting and landscape maintenance
Water capital improvements
Wastewater capital improvements
Refuse capital improvements
New park and park improvements
Assigned to:

Capital asset replacement
MCCF Building and equipment replacement
Median Mitigation improvement
Unassigned
Total Fund Balances
Total Liabilities, deferred inflows of
resources, and Fund Balances
$ 1,053,732 1,773,619 $ $ 1,397,740 $ 5,999,377
----
$ 1,053,732 1,773,619 $ $ 1,397,740 $ 5,999,377
$ 16,549 - $ $ - $ -
----
- 16,549 - -
----
----
----
----
----
1,773,619 - - -
- 1,037,183 - -
- - 1,397,740 -
- - - 5,999,377
----
----
----
----
----
----
1,773,619 1,037,183 1,397,740 5,999,377
$ 1,053,732 1,773,619 $ $ 1,397,740 $ 5,999,377
Water Capital
Improvement
Wastewater
Capital
Improvement
Low and Mod
Income Housing
Lighting and
Landscaping
Ditstrict
Special Revenue Funds Capital Projects Funds
106

CITY OF SHAFTER

COMBINING BALANCE SHEET

NONMAJOR GOVERNMENTAL FUNDS
JUNE 30, 2021
Assets:

Cash and investments
Due from other governments
Total Assets
Liabilities, Deferred inflows of Resources,
and Fund Balances:

Liabilities:

Accounts payable
Due to other funds
Total Liabilities
Deferred inflows of resources:

Unavailable revenues
Total Deferred inflows of Resources
Fund Balances:

Nonspendable:

Restricted for:

Traffic safety
Law enforcement
Road maintenance and transportation
Low and moderate income housing
Lighting and landscape maintenance
Water capital improvements
Wastewater capital improvements
Refuse capital improvements
New park and park improvements
Assigned to:

Capital asset replacement
MCCF Building and equipment replacement
Median Mitigation improvement
Unassigned
Total Fund Balances
Total Liabilities, deferred inflows of
resources, and Fund Balances
(CONTINUED)
$ 57,569 309,476 $ 4,644,833 $ $ 158,751
----
$ 57,569 309,476 $ 4,644,833 $ $ 158,751
$ - - $ - $ $ -
----
----
----
----
----
----
----
----
----
----
----
309,476 - - -
- 57,569 - -
- - 4,644,833 -
- - - 158,751
----
----
309,476 57,569 4,644,833 158,751
$ 57,569 309,476 $ 4,644,833 $ $ 158,751
Refuse Capital
Improvement
Park Capital
Improvement
Capital Assets
Replacement
MCCF Building
and Equipment
Replacement
Capital Projects Funds
107

CITY OF SHAFTER

COMBINING BALANCE SHEET

NONMAJOR GOVERNMENTAL FUNDS
JUNE 30, 2021
Assets:

Cash and investments
Due from other governments
Total Assets
Liabilities, Deferred inflows of Resources,
and Fund Balances:

Liabilities:

Accounts payable
Due to other funds
Total Liabilities
Deferred inflows of resources:

Unavailable revenues
Total Deferred inflows of Resources
Fund Balances:

Nonspendable:

Restricted for:

Traffic safety
Law enforcement
Road maintenance and transportation
Low and moderate income housing
Lighting and landscape maintenance
Water capital improvements
Wastewater capital improvements
Refuse capital improvements
New park and park improvements
Assigned to:

Capital asset replacement
MCCF Building and equipment replacement
Median Mitigation improvement
Unassigned
Total Fund Balances
Total Liabilities, deferred inflows of
resources, and Fund Balances
Capital Projects
Funds
$ 17,532,567 107,199 $
- 199,063
$ 17,731,630 107,199 $
$ 21,681 - $
- 125,490
- 147,171
-8,501
-8,501
- 178,251
- 459,120
- 1,461,791
- 1,773,619
- 1,037,183
- 1,397,740
- 5,999,377
- 309,476
- 57,569
- 4,644,833
- 158,751
107,199 107,199
- (8,951)
107,199 17,575,958
$ 17,731,630 107,199 $
Total Other
Governmental
Funds
Median
Mitigation
Improvement
108

THIS PAGE INTENTIONALLY LEFT BLANK
109

CITY OF SHAFTER

COMBINING STATEMENT OF REVENUES,

EXPENDITURES AND CHANGES IN FUND BALANCES

NONMAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2021
Revenues:

Taxes $ - - $ - $ $ 432,534
Licenses, permits and fees - - - -
Intergovernmental 1,473,082 - 156,727 -
Special assessments - - - -
Use of money and property - 2,070 4,956 18,446
Fines and forfeitures - 72,021 - -
Total Revenues 1,473,082 74,091 161,683 450,980
Expenditures:

Current:

General government - - - -
Public works - - - -
Capital outlay 556,592 - - -
Total Expenditures 556,592 - - -
Excess (Deficiency) of Revenues
Over (Under) Expenditures 916,490 74,091 161,683 450,980 Other Financing Sources (Uses):

Transfers out - - (156,727) -
Total Other Financing Sources
(Uses) - - (156,727) -
Net Change in Fund Balances 916,490 74,091 4,956 450,980 Fund Balances, Beginning of Year, as Restated (893,028) 104,160 250,850 948,016 Fund Balances, End of Year $ 23,462 $ 178,251 $ 255,806 $ 1,398,996 Federal Grants Traffic Safety SELSF Grants
State Gasoline
Tax
Special Revenue Funds
110

CITY OF SHAFTER

COMBINING STATEMENT OF REVENUES,

EXPENDITURES AND CHANGES IN FUND BALANCES

NONMAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2021
Revenues:

Taxes
Licenses, permits and fees
Intergovernmental
Special assessments
Use of money and property
Fines and forfeitures
Total Revenues
Expenditures:

Current:

General government
Public works
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Other Financing Sources (Uses):

Transfers out
Total Other Financing Sources
(Uses)
Net Change in Fund Balances
Fund Balances, Beginning of Year, as Restated
Fund Balances, End of Year
(CONTINUED)
$ - - $ $ - 378,948 $
-- --
- - - 60,235
-- --
-2,990 - -
-- --
- 2,990 378,948 60,235
-- --
-- --
1,881 - 640,308 5,088
1,881 - 640,308 5,088
(1,881) 2,990 (261,360) 55,147
- - - (64,123)
- - - (64,123)
(1,881) 2,990 (261,360) (8,976)
5,520 196,685 300,693 25
$ 199,675 3,639 $ 39,333 $ (8 $ ,951)
Asset Forfeiture
Road Maintenance
and Rehabilitation
Act
Housing and
Community
Police Services Development
Special Revenue Funds
111

CITY OF SHAFTER

COMBINING STATEMENT OF REVENUES,

EXPENDITURES AND CHANGES IN FUND BALANCES

NONMAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2021
Revenues:

Taxes
Licenses, permits and fees
Intergovernmental
Special assessments
Use of money and property
Fines and forfeitures
Total Revenues
Expenditures:

Current:

General government
Public works
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Other Financing Sources (Uses):

Transfers out
Total Other Financing Sources
(Uses)
Net Change in Fund Balances
Fund Balances, Beginning of Year, as Restated
Fund Balances, End of Year
$ - - $ - $ - $
- - 217,345 2,314,493
----
- 706,226 - -
26,555 - 19,510 74,991
----
26,555 706,226 236,855 2,389,484
- - -24
- 561,131 - -
- - - 143,112
- 561,131 - 143,136
26,555 145,095 236,855 2,246,348
----
----
26,555 145,095 236,855 2,246,348
1,747,064 892,088 1,160,885 3,753,029
$ 1, 1,773,619 $ 1,397,740 037,183 $ 5, $ 999,377
Low and Mod
Income Housing
Lighting and
Landscaping
Ditstrict
Water Capital
Improvement
Wastewater
Capital
Improvement
Special Revenue Funds Capital Projects Funds
112

CITY OF SHAFTER

COMBINING STATEMENT OF REVENUES,

EXPENDITURES AND CHANGES IN FUND BALANCES

NONMAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2021
Revenues:

Taxes
Licenses, permits and fees
Intergovernmental
Special assessments
Use of money and property
Fines and forfeitures
Total Revenues
Expenditures:

Current:

General government
Public works
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Other Financing Sources (Uses):

Transfers out
Total Other Financing Sources
(Uses)
Net Change in Fund Balances
Fund Balances, Beginning of Year, as Restated
Fund Balances, End of Year
(CONTINUED)
$ - - $ - $ - $
7,581 4,562 224,250 -
-- --
-- --
4,521 818 67,798 -
-- --
12,102 5,380 292,048 -
-- --
-- --
-- --
-- --
12,102 5,380 292,048 -
-- --
-- --
12,102 5,380 292,048 -
297,374 52,189 4,352,785 158,751
$ 57,569 309,476 $ 4, $ 644,833 $ 158,751
Capital Assets
Replacement
MCCF Building
and Equipment
Replacement
Refuse Capital
Improvement
Park Capital
Improvement
Capital Projects Funds
113

CITY OF SHAFTER

COMBINING STATEMENT OF REVENUES,

EXPENDITURES AND CHANGES IN FUND BALANCES

NONMAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2021
Revenues:

Taxes
Licenses, permits and fees
Intergovernmental
Special assessments
Use of money and property
Fines and forfeitures
Total Revenues
Expenditures:

Current:

General government
Public works
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Other Financing Sources (Uses):

Transfers out
Total Other Financing Sources
(Uses)
Net Change in Fund Balances
Fund Balances, Beginning of Year, as Restated
Fund Balances, End of Year
Capital Projects
Funds
$ - $ 811,482
- 2,768,231
- 1,690,044
- 706,226
1,605 224,260
- 72,021
1,605 6,272,264
-24
- 561,131
- 1,346,981
- 1,908,136
1,605 4,364,128
- (220,850)
- (220,850)
1,605 4,143,278
105,594 13,432,680
$ 107,199 $ 17,575,958
Total Other
Governmental
Funds
Median
Mitigation
Improvement
114

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

FEDERAL GRANTS
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ (893,028) $( (893,028) $- 893,028) $ Resources (Inflows):

Intergovernmental - - 1,473,082 1,473,082
Transfers in 1,530,000 1,530,000 - (1,530,000)
Amounts Available for Appropriation 636,972 636,972 580,054 (56,918) Charges to Appropriation (Outflow):

Capital outlay 1,530,000 1,530,000 556,592 973,408
Total Charges to Appropriations 1,530,000 1,530,000 556,592 973,408 Budgetary Fund Balance, June 30 $ (893,028) $ (893,028) $ 23,462 $ 916,490 115

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

TRAFFIC SAFETY
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ 104,160 $ 104,160 $- 104,160 $ Resources (Inflows):

Use of money and property - - 2,070 2,070
Fines, forfeitures and penalties 26,000 26,000 72,021 46,021 Amounts Available for Appropriation 130,160 130,160 178,251 48,091 Charges to Appropriation (Outflow):

Capital outlay 100,000 100,000 - 100,000
Total Charges to Appropriations 100,000 100,000 - 100,000 Budgetary Fund Balance, June 30 $ 30,160 $ 30,160 $ 178,251 $ 148,091 116

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

SLESF GRANTS
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ 250,850 $ 250,850 $- 250,850 $ Resources (Inflows):

Intergovernmental - - 156,727 156,727
Use of money and property - - 4,956 4,956
Amounts Available for Appropriation 250,850 250,850 412,533 161,683 Charges to Appropriation (Outflow):

Transfers out - - 156,727 (156,727)
Total Charges to Appropriations - - 156,727 (156,727)
Budgetary Fund Balance, June 30 $ 250,850 $ 250,850 $ 255,806 $ 4,956 117

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

STATE GASOLINE TAX
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ 948,016 $ 948,016 $- 948,016 $ Resources (Inflows):

Taxes 521,424 521,424 432,534 (88,890)
Use of money and property 5,806 5,806 18,446 12,640
Amounts Available for Appropriation 1,475,246 1,475,246 1,398,996 (76,250) Charges to Appropriation (Outflow):

Capital outlay 500,000 500,000 - 500,000
Transfers out 638,464 638,464 - 638,464
Total Charges to Appropriations 1,138,464 1,138,464 - 1,138,464 Budgetary Fund Balance, June 30 $ 336,782 $ 336,782 $ 1,398,996 $ 1,062,214 118

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

POLICE SERVICES
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ 5,520 $ 5,520 $ 5,520 $ - Resources (Inflows):

Use of money and property 100 100 - (100)
Amounts Available for Appropriation 5,620 5,620 5,520 (100) Charges to Appropriation (Outflow):

Capital outlay - - 1,881 (1,881)
Total Charges to Appropriations - - 1,881 (1,881)
Budgetary Fund Balance, June 30 $ 5,620 $ 5,620 $ 3,639 $ (1,981) 119

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

ASSET FORFEITURE
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ 196,685 $ 196,685 $- 196,685 $ Resources (Inflows):

Use of money and property - - 2,990 2,990
Amounts Available for Appropriation 196,685 196,685 199,675 2,990 Budgetary Fund Balance, June 30 $ 196,685 $ 196,685 $ 199,675 $ 2,990 120

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

ROAD MAINTENANCE AND REHABILITION ACT
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ 300,693 $ 300,693 $- 300,693 $ Resources (Inflows):

Taxes 404,007 404,007 378,948 (25,059)
Use of money and property 2,000 2,000 - (2,000)
Transfers in (11,536) (11,536) - 11,536
Amounts Available for Appropriation 695,164 695,164 679,641 (15,523) Charges to Appropriation (Outflow):

Capital outlay 394,471 394,471 640,308 (245,837)
Total Charges to Appropriations 394,471 394,471 640,308 (245,837) Budgetary Fund Balance, June 30 $ 300,693 $ 300,693 $ 39,333 $ (261,360) 121

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

HOUSING AND COMMUNITY DEVELOPMENT
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ 25 $ 25 $ 25 $ -
Resources (Inflows):

Intergovernmental - - 60,235 60,235
Amounts Available for Appropriation 25 25 60,260 60,235 Charges to Appropriation (Outflow):

Capital outlay - 83,000 5,088 77,912
Transfers out - - 64,123 (64,123)
Total Charges to Appropriations - 83,000 69,211 13,789
Budgetary Fund Balance, June 30 $ 25 $ (82,975) $ (8,951) $ 74,024 122

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

LOW AND MODERATE INCOME HOUSING
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ 1,747,064 $ 1,747,064 $- 1,747,064 $ Resources (Inflows):

Use of money and property 25,833 25,833 26,555 722
Amounts Available for Appropriation 1,772,897 1,772,897 1,773,619 722 Budgetary Fund Balance, June 30 $ 1,772,897 $ 1,772,897 $ 1,773,619 $ 722 123

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

LIGHTING AND LANDSCAPING DISTRICT
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ 892,088 $ 892,088 $- 892,088 $ Resources (Inflows):

Special assessments 949,623 949,623 706,226 (243,397)
Amounts Available for Appropriation 1,841,711 1,841,711 1,598,314 (243,397) Charges to Appropriation (Outflow):

Public works 854,897 858,754 561,131 297,623
Total Charges to Appropriations 854,897 858,754 561,131 297,623 Budgetary Fund Balance, June 30 $ 986,814 $ 982,957 $ 1,037,183 $ 54,226 124

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

TRAFFIC MITIGATION IMPROVEMENT
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ 8,084,983 $ 8,084,983 $- 8,084,983 $ Resources (Inflows):

Licenses, permits and fees - - 2,688,835 2,688,835
Use of money and property - - 144,427 144,427
Amounts Available for Appropriation 8,084,983 8,084,983 10,918,245 2,833,262 Charges to Appropriation (Outflow):

Capital outlay - - 7,654 (7,654)
Transfers out 880,000 880,000 - 880,000
Total Charges to Appropriations 880,000 880,000 7,654 872,346 Budgetary Fund Balance, June 30 $ 7,204,983 $ 7,204,983 $ 10,910,591 $ 3,705,608 125

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

WATER CAPITAL IMPROVEMENT
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ 1,160,885 $ 1,160,885 $- 1,160,885 $ Resources (Inflows):

Licenses, permits and fees 520,000 520,000 217,345 (302,655) Use of money and property 28,828 28,828 19,510 (9,318)
Amounts Available for Appropriation 1,709,713 1,709,713 1,397,740 (311,973) Budgetary Fund Balance, June 30 $ 1,709,713 $ 1,709,713 $ 1,397,740 $ (311,973) 126

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

WASTEWATER CAPITAL IMPROVEMENT
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ 3,753,029 $ 3,753,029 $- 3,753,029 $ Resources (Inflows):

Licenses, permits and fees 1,200,000 1,200,000 2,314,493 1,114,493 Use of money and property 159,606 159,606 74,991 (84,615) Amounts Available for Appropriation 5,112,635 5,112,635 6,142,513 1,029,878 Charges to Appropriation (Outflow):

General government - - 24 (24)
Capital outlay 100,000 100,000 143,112 (43,112)
Total Charges to Appropriations 100,000 100,000 143,136 (43,136) Budgetary Fund Balance, June 30 $ 5,012,635 $ 5,012,635 $ 5,999,377 $ 986,742 127

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

REFUSE CAPITAL IMPROVEMENT
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ 297,374 $ 297,374 $- 297,374 $ Resources (Inflows):

Licenses, permits and fees 2,283 2,283 7,581 5,298
Use of money and property 7,235 7,235 4,521 (2,714)
Amounts Available for Appropriation 306,892 306,892 309,476 2,584 Budgetary Fund Balance, June 30 $ 306,892 $ 306,892 $ 309,476 $ 2,584 128

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

PARK CAPITAL IMPROVEMENT
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ 52,189 $ 52,189 $ 52,189 $ - Resources (Inflows):

Licenses, permits and fees 12,535 12,535 4,562 (7,973)
Use of money and property 1,122 1,122 818 (304)
Amounts Available for Appropriation 65,846 65,846 57,569 (8,277) Budgetary Fund Balance, June 30 $ 65,846 $ 65,846 $ 57,569 $ (8,277) 129

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

CAPITAL ASSET REPLACEMENT
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ 4,352,785 $ 4,352,785 $- 4,352,785 $ Resources (Inflows):

Licenses, permits and fees 329,000 329,000 224,250 (104,750) Use of money and property 64,228 64,228 67,798 3,570
Amounts Available for Appropriation 4,746,013 4,746,013 4,644,833 (101,180) Budgetary Fund Balance, June 30 $ 4,746,013 $ 4,746,013 $ 4,644,833 $ (101,180) 130

CITY OF SHAFTER

BUDGETARY COMPARISON SCHEDULE

MEDIAN MITIGATION IMPROVEMENT
YEAR ENDED JUNE 30, 2021
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Budgetary Fund Balance, July 1 $ 105,594 $ 105,594 $- 105,594 $ Resources (Inflows):

Licenses, permits and fees 2,080 2,080 - (2,080)
Use of money and property 2,580 2,580 1,605 (975)
Amounts Available for Appropriation 110,254 110,254 107,199 (3,055) Budgetary Fund Balance, June 30 $ 110,254 $ 110,254 $ 107,199 $ (3,055) 131

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132

Non-Major Enterprise Funds
Refuse Collection Services Fund - This fund is used to account for the activities of the City's refuse collection and recycling operations.

Transit Services Fund - This fund is used to account for the activities of the government's public transit operations.

Fiber Optic & Communication Tower Fund - This fund is used to account for the activities of the City's fiber optic distribution operations to separate service areas within the City. The enterprise account is being built and operational revenue is expected in future years. The revenue from this operation is initially pledged for repayment of a loan advanced by the General Fund. 133

CITY OF SHAFTER

COMBINING STATEMENT OF NET POSITION

NON-MAJOR PROPRIETARY FUNDS
JUNE 30, 2021
Totals
Assets:

Current:

Cash and investments $ 66,904 $ - $ - $ 66,904
Accounts receivable, net 77,912 - 44,363 122,275
Prepaid costs 184 118 - 302
Due from other governments - 406,917 - 406,917
Total Current Assets 145,000 407,035 44,363 596,398
Noncurrent:

Net pension asset 11,450 5,390 - 16,840
Capital assets - net of accumulated depreciation 310,437 367,993 3,045,069 3,723,499 Total Noncurrent Assets 321,887 373,383 3,045,069 3,740,339 Total Assets 466,887 780,418 3,089,432 4,336,737
Deferred Outflows of Resources:

Related to pensions 49,231 23,195 - 72,426
Related to OPEB 10,645 4,988 - 15,633
Total Deferred Outflows of Resources 59,876 28,183 - 88,059 Liabilities, Deferred Inflows of Resources, and Net Position:

Liabilities:

Current:

Accounts payable 30,963 1,040 31,578 63,581
Accrued liabilities 18,193 8,550 - 26,743
Uneared revenues - 188,726 - 188,726
Due to other funds - 332,841 695,914 1,028,755
Accrued compensated absences 23,340 1,867 - 25,207
Total Current Liabilities 72,496 533,024 727,492 1,333,012 Noncurrent:

Accrued compensated absences 4,119 330 - 4,449
Total OPEB liability 25,475 11,937 - 37,412
Total Noncurrent Liabilities 29,594 12,267 - 41,861
Total Liabilities 102,090 545,291 727,492 1,374,873
Deferred Inflows of Resources:

Related to pensions 35,792 16,863 - 52,655
Related to OPEB 2,697 1,264 - 3,961
Total Deferred Inflows of Resources 38,489 18,127 - 56,616 Net Position:

Net investment in capital assets 310,437 367,993 3,045,069 3,723,499 Unrestricted (deficit) 75,747 (122,810) (683,129) (730,192) Total Net Position 386,184 245,183 2,361,940 2,993,307
Total Liabilities, Deferred Inflows
of Resources and Net Position $ 526,763 $ 808,601 $ 3,089,432 $ 4,424,796 Business-Type Activities - Enterprise Funds
Refuse
Collection
Services
Transit
Services
Fiber Optic and
Communication
Tower
134

CITY OF SHAFTER

COMBINING STATEMENT OF REVENUES, EXPENSES

AND CHANGES IN FUND NET POSITION

NON-MAJOR PROPRIETARY FUNDS
YEAR ENDED JUNE 30, 2021
Totals
Operating Revenues:

Charges for services $ 1,228,478 $ 21,591 $ 174,565 $ 1,424,634 Miscellaneous 3,116 - 4,625 7,741
Total Operating Revenues 1,231,594 21,591 179,190 1,432,375 Operating Expenses:

Salaries and wages 422,047 188,432 - 610,479
Administration - 105,043 84,525 189,568
Contractual 371,956 18,446 2,680 393,082
Materials 36,685 312 - 36,997
Maintenance and repair 106,664 27,863 - 134,527
Utilities 29,122 5,798 21,139 56,059
Equipment and supplies 328,917 7,242 4,328 340,487
Depreciation expense 71,313 102,139 153,051 326,503
Total Operating Expenses 1,366,704 455,275 265,723 2,087,702 Operating Income (Loss) (135,110) (433,684) (86,533) (655,327) Nonoperating Revenues (Expenses):

Interest revenue 4,011 - - 4,011
Grants 5,366 - - 5,366
Local transportation funding - 387,384 - 387,384
Total Nonoperating
Revenues (Expenses) 9,377 387,384 - 396,761
Income (Loss) Before Transfers (125,733) (46,300) (86,533) (258,566) Transfers in - 21,604 - 21,604
Changes in Net Position (125,733) (24,696) (86,533) (236,962) Net Position:

Beginning of Year 511,917 269,879 2,448,473 3,230,269
End of Fiscal Year $ 386,184 $ 245,183 $ 2,361,940 $ 2,993,307 Business-Type Activities - Enterprise Funds
Refuse
Collection
Services
Transit
Services
Fiber Optic and
Communication
Tower
See Notes to Financial Statement
135

CITY OF SHAFTER

COMBINING STATEMENT OF CASH FLOWS

NON-MAJOR PROPRIETARY FUNDS
YEAR ENDED JUNE 30, 2021
Totals
Cash Flows from Operating Activities:

Cash received from customers and users $ (131,668) 1,129,509 $ 175,674 $ $ 1,173,515 Cash paid to suppliers for goods and services (897,759) (164,822) (119,726) (1,182,307) Cash paid to employees for services (374,016) (172,153) - (546,169) Net Cash Provided (Used) by Operating Activities (142,266) (468,643) 55,948 (554,961) Cash Flows from Non-Capital
Financing Activities:

Cash transfers in - 21,604 - 21,604
Repayment received from other funds -84,079 - 84,079
Repayment made to other funds - - (36,455) (36,455)
Subsidy from federal and state grants 5,366 - - 5,366
Net Cash Provided (Used) by
Non-Capital Financing Activities 5,366 105,683 (36,455) 74,594 Cash Flows from Capital
and Related Financing Activities:

Subsidy from federal and state grants - 520,109 - 520,109 Acquisition and construction of capital assets (240,874) (157,149) (19,493) (417,516) Net Cash Provided (Used) by
Capital and Related Financing Activities (240,874) 362,960 (19,493) 102,593 Cash Flows from Investing Activities:

Interest received 4,011 - - 4,011
Net Cash Provided (Used) by
Investing Activities 4,011 - - 4,011
Net Increase (Decrease) in Cash
and Cash Equivalents (373,763) - - (373,763)
Cash and Cash Equivalents at Beginning of Year 440,667 - - 440,667 Cash and Cash Equivalents at End of Year $ 66,904 $ - $ - $ 66,904 Reconciliation of Operating Income to Net Cash
Provided (Used) by Operating Activities:

Operating income (loss) $ (433,684) (135,110) $ (86,533) $ (655,327) $ Adjustments to reconcile operating income (loss)
net cash provided (used) by operating activities:

Depreciation 71,313 102,139 153,051 326,503
(Increase) decrease in accounts receivable (68,227) - (3,516) (71,743) (Increase) decrease in prepaid expense (184) (118) - (302) (Increase) decrease in net pension asset 12,596 6,705 - 19,301 (Increase) decrease in deferred inflow of resources - pensions 11,608 (2,501) - 9,107 (Increase) decrease in deferred inflow of resources - OPEB (1,887) (1,630) - (3,517) Increase (decrease) in accounts payable (24,231) (153,259) (7,054) (184,544) Increase (decrease) in accrued liabilities 18,193 8,550 - 26,743 Increase (decrease) in deposits payable (33,858) - - (33,858) Increase (decrease) in compensated absences 12,880 378 - 13,258 Increase (decrease) in OPEB liability (8,754) (1,186) - (9,940) Increase (decrease) in deferred outflows of resources - pensions 1,403 4,969 - 6,372 Increase (decrease) in deferred outflows of resources - OPEB 1,992 994 - 2,986 Total Adjustments (7,156) (34,959) 142,481 100,366
Net Cash Provided (Used) by
Operating Activities $ (468,643) (142,266) $ 55,948 $ (554,961) $ Business-Type Activities - Enterprise Funds
Refuse
Collection
Services
Transit
Services
Fiber Optic
and
Communicatio
n Tower
136

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CITY OF SHAFTER

COMBINING STATEMENT OF NET POSITION

INTERNAL SERVICE FUNDS
JUNE 30, 2021
Totals
Assets:

Current:

Cash and investments $ 11,883 $ 5,312 $ 26,031 $ 208,819 $ 252,045 Prepaid costs 1,795 161 - - 1,956
Total Current Assets 13,678 5,473 26,031 208,819 254,001 Noncurrent:

Net pension asset 2,920 1,760 5,450 14,530 24,660
Capital assets - net of accumulated depreciation - - - 183,152 183,152 Total Noncurrent Assets 2,920 1,760 5,450 197,682 207,812 Total Assets 16,598 7,233 31,481 406,501 461,813
Deferred Outflows of Resources:

Related to pensions 12,544 7,574 23,433 62,484 106,035
Related to OPEB 2,701 1,616 5,059 13,481 22,857
Total Deferred Outflows of Resources 15,245 9,190 28,492 75,965 128,892 Liabilities:

Current:

Accounts payable 3,919 - 6,195 9,194 19,308
Accrued liabilities 5,137 2,312 7,203 20,272 34,924
Accrued compensated absences 557 1,412 17,059 10,770 29,798 Total Current Liabilities 9,613 3,724 30,457 40,236 84,030 Noncurrent:

Accrued compensated absences 98 249 3,010 1,901 5,258
Total OPEB liability 6,463 3,867 12,108 32,264 54,702
Total Noncurrent Liabilities 6,561 4,116 15,118 34,165 59,960 Total Liabilities 16,174 7,840 45,575 74,401 143,990
Deferred Inflows of Resources:

Related to pensions 9,120 5,506 17,036 45,429 77,091
Related to OPEB 684 409 1,282 3,415 5,790
Total Deferred Inflows of Resources 9,804 5,915 18,318 48,844 82,881 Net Position:

Net investment in capital assets - - - 183,152 183,152
Unrestricted 5,865 2,668 (3,920) 176,069 180,682
Total Net Position $ 5,865 $ 2,668 $ (3,920) $ 359,221 $ 363,834 Governmental Activities - Internal Service Funds
Building
Maintenance
Liability
Coverage
Vehicle
Maintenance
Information
Technology
138

CITY OF SHAFTER

COMBINING STATEMENT OF REVENUES, EXPENSES

AND CHANGES IN FUND NET POSITION

INTERNAL SERVICE FUNDS
YEAR ENDED JUNE 30, 2021
Totals
Operating Revenues:

Charges for services $ 258,524 $ 893,360 $ 344,575 $ 849,871 $ 2,346,330 Miscellaneous 261 - - - 261
Total Operating Revenues 258,785 893,360 344,575 849,871 2,346,591 Operating Expenses:

Administration and general 102,245 - 186,595 458,791 747,631 Source of supply 55,663 - 2,667 44,133 102,463
Pumping 21,656 890,692 72,688 125,230 1,110,266
Treatment 20,754 - 3,479 75,279 99,512
Refuse collection 51,550 - 17,180 23,480 92,210
Cost of sales and services 1,052 - 48,878 11,261 61,191 Depreciation expense - - - 78,993 78,993
Total Operating Expenses 252,920 890,692 331,487 817,167 2,292,266 Operating Income (Loss) 5,865 2,668 13,088 32,704 54,325 Income (Loss) Before Transfers 5,865 2,668 13,088 32,704 54,325 Changes in Net Position 5,865 2,668 13,088 32,704 54,325 Net Position:

Beginning of Year - - (17,008) 326,517 309,509
End of Fiscal Year $ 5,865 $ 2,668 $ (3,920) $ 359,221 $ 363,834 Governmental Activities - Internal Service Funds
Building
Maintenance
Liability
Coverage
Vehicle
Maintenance
Information
Technology
139

CITY OF SHAFTER

COMBINING STATEMENT OF CASH FLOWS

INTERNAL SERVICE FUNDS
YEAR ENDED JUNE 30, 2021
Totals
Cash Flows from Operating Activities:

Cash received from customers and users $ 893,360 258,785 $ 344,575 $ $ 849,871 $ 2,346,591 Cash paid to suppliers for goods and services (146,459) (890,853) (154,595) (284,552) (1,476,459) Cash paid to employees for services (99,400) 2,805 (162,723) (395,003) (654,321) Net Cash Provided (Used) by Operating Activities 12,926 5,312 27,257 170,316 215,811 Cash Flows from Non-Capital
Financing Activities:

Repayment made to other funds (1,043) - (1,226) - (2,269) Net Cash Provided (Used) by
Non-Capital Financing Activities (1,043) - (1,226) - (2,269) Net Increase (Decrease) in Cash
and Cash Equivalents 11,883 5,312 26,031 170,316 213,542 Cash and Cash Equivalents at Beginning of Year - - - 38,503 38,503 Cash and Cash Equivalents at End of Year $ 11,883 $ 5,312 $ 26,031 $ 208,819 $ 252,045 Reconciliation of Operating Income to Net Cash
Provided (Used) by Operating Activities:

Operating income (loss) $ 5,865 $ 2,668 $ 13,088 $ 32,704 $ 54,325 Adjustments to reconcile operating income (loss)
net cash provided (used) by operating activities:

Depreciation - - - 78,993 78,993
(Increase) decrease in prepaid expense 5,801 (161) - - 5,640 (Increase) decrease in net pension asset (2,920) (1,760) 7,509 26,074 28,903 (Increase) decrease in deferred inflow of resources - pensions (12,544) (7,574) 9,272 26,989 16,143 (Increase) decrease in deferred inflow of resources - OPEB (2,701) (1,616) (330) (7,605) (12,252) Increase (decrease) in accounts payable (1,585) - (9,703) (5,169) (16,457) Increase (decrease) in accrued liabilities 5,137 2,312 7,203 20,254 34,906 Increase (decrease) in compensated absences (394) 1,661 7,079 (8,975) (629) Increase (decrease) in OPEB liability 6,463 3,867 (6,374) 9,299 13,255 Increase (decrease) in deferred outflows of resources - pensions 9,120 5,506 (1,388) (5,190) 8,048 Increase (decrease) in deferred outflows of resources - OPEB 684 409 901 2,942 4,936 Total Adjustments 7,061 2,644 14,169 137,612 161,486
Net Cash Provided (Used) by
Operating Activities $ 12,926 $ 5,312 $ 27,257 $ 170,316 $ 215,811 Governmental Activities - Internal Service Funds
Building
Maintenance
Liability
Coverage
Vehicle
Maintenance
Information
Technology
140

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