Agenda — Stanton City Council, March 14, 2023 (part 1 of 3)

Stanton City Council Agenda Prepared by the Office of the City Clerk March 14, 2023

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AGENDA

CITY COUNCIL/SUCCESSOR AGENCY/STANTON HOUSING AUTHORITY

JOINT REGULAR MEETING
STANTON CITY HALL, 7800 KATELLA AVENUE, STANTON, CA
TUESDAY, MARCH 14, 2023 - 6:30 P.M.

SAFETY ALERT – NOTICE REGARDING COVID-19
The President, Governor, and the City of Stanton have declared a State of Emergency as a result of the threat of COVID-19. On September 17, 2021, Governor Newsom signed AB 361 related to the Brown Act and remote meetings during the state of emergency. AB 361 allows local agencies to continue to conduct remote or “Zoom” meetings during a declared State of Emergency. Pursuant to AB 361, please be advised that some or all of the Stanton City Council members may participate in meetings via teleconference (electronically/telephonically). The health and well-being of our residents is the top priority for the City of Stanton, and you are urged to take all appropriate health safety precautions given the health risks associated with COVID-19.

PUBLIC ACCESS IN-PERSON AND VIA TELECONFERENCE
(Electronically / Telephonically)
Attendance by the members of the public may view the meeting live in one of the following ways:
• Attend in person - City Council Chambers: 7800 Katella Avenue, California 90680. • Via Teleconference (electronically / telephonically) - Zoom:

In order to join the meeting via telephone please follow the steps below:

1. Dial the following phone number +1 (669) 444-9171 (US).

2. Dial in the following Meeting ID: (825 3129 2336) to be connected to the meeting.

In order to join the meeting via electronic device please utilize the Zoom URL link below:
• https://us02web.zoom.us/j/82531292336?pwd=eUNXcE1GMGpWaGlnMDJvdlJzTWNwUT09

ANY MEMBER OF THE PUBLIC WISHING TO PROVIDE PUBLIC COMMENT FOR ANY ITEM ON THE AGENDA MAY DO SO AS FOLLOWS:
• Attend in person and complete and submit a request to speak card to the City Clerk. • E-Mail your comments to [email protected] with the subject line “PUBLIC COMMENT ITEM #” (insert the item number relevant to your comment). Comments received no later than 5:00 p.m. before the scheduled meeting will be compiled, provided to the City Council, and made available to the public before the start of the meeting. Staff will not read e-mailed comments at the meeting. However, the official record will include all e-mailed comments received until the close of the meeting.

Should you have any questions related to participation in the City Council Meeting, please contact the City Clerk’s Office at (714) 890-4245 or via e-mail at [email protected].

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In compliance with the Americans With Disabilities Act, if you need special assistance to participate in this meeting, please contact the Office of the City Clerk at (714) 890-4245. Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.

The City Council agenda and supporting documentation is made available for public review and inspection during normal business hours in the Office of the City Clerk, 7800 Katella Avenue, Stanton California 90680 immediately following distribution of the agenda packet to a majority of the City Council. Packet delivery typically takes place on Thursday afternoons prior to the regularly scheduled meeting on Tuesday. The agenda packet is also available for review and inspection on the city’s website at www.ci.stanton.ca.us.

1. CLOSED SESSION None.

2. CALL TO ORDER STANTON CITY COUNCIL / SUCCESSOR AGENCY / HOUSING AUTHORITY JOINT REGULAR MEETING (6:30 PM)

3. PLEDGE OF ALLEGIANCE

4. ROLL CALL Council / Agency / Authority Member Taylor Council / Agency / Authority Member Torres
Council / Agency / Authority Member Warren
Mayor Pro Tem / Vice Chairperson Van
Mayor / Chairman Shawver

5. SPECIAL PRESENTATIONS AND AWARDS
Presentation by the Orange County Fire Authority regarding lithium-ion batteries.

6. CONSENT CALENDAR
All items on the Consent Calendar may be acted on simultaneously, unless a Council/Board Member requests separate discussion and/or action.

CONSENT CALENDAR
6A. MOTION TO APPROVE THE READING BY TITLE OF ALL ORDINANCES AND RESOLUTIONS. SAID ORDINANCES AND RESOLUTIONS THAT APPEAR ON THE

PUBLIC AGENDA SHALL BE READ BY TITLE ONLY AND FURTHER READING WAIVED
RECOMMENDED ACTION:

City Council/Agency Board/Authority Board waive reading of Ordinances and Resolutions.

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6B. APPROVAL OF WARRANTS
City Council approve demand warrants dated February 10, 2023 – February 23, 2023, in the amount of $560,730.50.
6C. APPROVAL OF MINUTES

1. City Council/Successor Agency/Housing Authority approve Minutes of Joint Regular Meeting – February 28, 2023; and

2. City Council approve Minutes of Special Meeting – March 7, 2023. 6D. JANUARY 2023 INVESTMENT REPORT
The Investment Report as of January 31, 2023, has been prepared in accordance with the City’s Investment Policy and California Government Code Section 53646.

RECOMMENDED ACTION:

1. City Council find that this item is not subject to California Environmental Quality Act (“CEQA”) pursuant to Sections 15378(b)(5) (Organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment); and

2. Receive and file the Investment Report for the month of January 2023. 6E. JANUARY 2023 INVESTMENT REPORT (SUCCESSOR AGENCY)
The Investment Report as of January 31, 2023, has been prepared in accordance with the City’s Investment Policy and California Government Code Section 53646.

RECOMMENDED ACTION:

1. Successor Agency find that this item is not subject to California Environmental Quality Act (“CEQA”) pursuant to Sections 15378(b)(5) (Organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment); and

2. Receive and file the Investment Report for the month of January 2023.

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6F. JANUARY 2023 GENERAL FUND REVENUE AND EXPENDITURE REPORT; HOUSING AUTHORITY REVENUE AND EXPENDITURE REPORT; AND STATUS OF

CAPITAL IMPROVEMENT PROGRAM
The Revenue and Expenditure Report for the month ended January 31, 2023, has been provided to the City Manager in accordance with Stanton Municipal Code Section

2.20.080 (D) and is being provided to City Council. This report includes information for both the City’s General Fund and the Housing Authority Fund. In addition, staff has provided a status of the City’s Capital Improvement Projects (CIP) as of January 31, 2023.

RECOMMENDED ACTION:

2. Receive and file the General Fund and Housing Authority Fund’s January 2023 Revenue and Expenditure Report and Status of Capital Improvement Projects for the month ended January 31, 2023.
6G. ANNUAL COMPREHENSIVE FINANCIAL REPORT FOR FISCAL YEAR 2021-22

AND RELATED AUDIT REPORTS
Each year the City issues an Annual Comprehensive Financial Report (ACFR), which summarizes the financial activity of a local government for a given fiscal year in accordance with financial statement presentation requirements prescribed by government accounting standards (Attachment A). The ACFR is accompanied by an opinion from the City’s audit firm. The audit firm’s opinion on the City’s 2021-22 ACFR is a clean opinion, with no exceptions, modifications, or qualifications. (The audit firm also issued a separate report for the Housing Authority’s 2021-22 audited financial statements. The report included in Attachment B also includes a clean opinion with no exceptions, modifications, or qualifications from the audit firm.) In addition, the City’s auditors issue other reports in relation to the City’s audit. These reports are provided in Attachments C through E. (Attachment D, page 2 includes one recommendation that the City corrected during the Fiscal Year 2021-22 audit.).

RECOMMENDED ACTION:

2. Receive and file the Annual Comprehensive Financial Report (ACFR), and related audit reports.

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6H. AWARD OF CONSTRUCTION CONTRACT FOR THE STANTON CITY HALL FIRE

ALARM UPGRADE PROJECT
The existing fire alarm system at Stanton City Hall is due for an upgrade as the system is no longer compliant with the current Fire Code and long past its life expectancy. City staff is recommending award of contract to Climatec, LLC to provide design and construction services to upgrade City Hall’s Fire Alarm System.

RECOMMENDED ACTION:

1. City Council find that the project is categorically exempt under the California Environmental Quality Act (“CEQA”), Class 1, Section 15301(a) as alteration of existing public facilities; and

2. Waive the competitive bidding requirements in the City’s purchasing policy for this procurement; and

3. Award a construction contract to Climatec, LLC to provide professional engineering and construction services to upgrade the fire alarm system for the amount of $182,376; and

4. Authorize the City Manager to bind the City of Stanton and Climatec, LLC in a contract for the project; and

5. Authorize the City Manager to approve contract change orders, not to exceed $17,500.

END OF CONSENT CALENDAR

7. PUBLIC HEARINGS None.

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8. UNFINISHED BUSINESS
8A. HOLD THE SECOND READING OF AN ORDINANCE TO AMEND THE CALIFORNIA PUBLIC EMPLOYEES’ RETIREMENT SYSTEM CONTRACT WITH THE CITY OF STANTON - APPROVAL OF ORDINANCE NO. 1129
This Ordinance was introduced at the regular City Council meeting of February 14, 2023. The City Council will hold the second reading of Ordinance No. 1129 to amend the California Public Employees’ Retirement System Contract with the City of Stanton to remove the exclusion language for persons compensated on an hourly basis and to provide for the exclusions of the Intern, Park Ranger, Recreation Leader, and Senior Recreation Leader positions.

RECOMMENDED ACTION:

1. City Clerk read the title of Ordinance No. 1129, entitled:
“AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF STANTON

AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE

CITY COUNCIL OF THE CITY OF STANTON AND THE BOARD OF
ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES’

RETIREMENT SYSTEM TO REMOVE THE CONTRACT PROVISION
EXCLUDING FROM CALPERS MEMBERSHIP “PERSONS
COMPENSATED ON AN HOURLY BASIS” PROSPECTIVELY,
PURSUANT TO GOVERNMENT CODE SECTIONS 20305 AND 20503”;
and

2. City Council adopt Ordinance No. 1129.

9. NEW BUSINESS
9A. SCHEDULING A BUDGET WORKSHOP
The City Council will consider dates for its budget workshop covering Fiscal Year (FY) 2023-24.

RECOMMENDED ACTION:

1. City Council find that this item is not subject to California Environmental Quality Act (“CEQA”) pursuant to Sections 15378(b)(5)(Organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment); and

2. Select a date for the annual budget workshop.

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9B. PROPOSED RESOLUTION TERMINATING THE LOCAL EMERGENCY DECLARED BY THE CITY AS A RESULT OF THE COVID-19 PANDEMIC AND RESCINDING COVID-19 RELATED EMERGENCY MEASURES ADOPTED BY THE CITY Pursuant to state law and the City of Stanton’s (“City”) Municipal Code, the City proclaimed a local emergency in response to the COVID-19 pandemic. The City Council will consider adopting a resolution terminating its COVID-19 local emergency and clarify existing emergency measures issued by the City in response to the COVID19 pandemic that shall automatically expire following the termination of the local emergency.

RECOMMENDED ACTION:

1. City Council in accordance with the requirements of California Environmental Quality Act (“CEQA”), declare that the project is exempt pursuant to Sections 15378 and Section 15061(b)(3) of the State CEQA Guidelines (Title 14 of the California Code of Regulations); and

2. Declare an end to the City’s COVID-19 local emergency by adopting Resolution No. 2023-05, titled:
“A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF STANTON, CALIFORNIA, TERMINATING THE CITY’S LOCAL EMERGENCY
DECLARED BY THE CITY AS A RESULT OF THE COVID-19
PANDEMIC AND RESCINDING COVID-19 RELATED EMERGENCY
MEASURES ADOPTED BY THE CITY”.

10. ORAL COMMUNICATIONS - PUBLIC
At this time members of the public may address the City Council/Successor Agency/Stanton Housing Authority regarding any items within the subject matter jurisdiction of the City Council/Successor Agency/Stanton Housing Authority, provided that NO action may be taken on non-agenda items.
• Members of the public wishing to address the Council/Agency/Authority during Oral Communications-Public or on a particular item are requested to fill out a REQUEST TO SPEAK form and submit it to the City Clerk. Request to speak forms must be turned in prior to Oral Communications-Public.
• When the Mayor/Chairman calls you to the microphone, please state your Name, slowly and clearly, for the record. A speaker’s comments shall be limited to a three (3) minute aggregate time period on Oral Communications and Agenda Items.

Speakers are then to return to their seats and no further comments will be permitted. • Remarks from those seated or standing in the back of chambers will not be permitted. All those wishing to speak including Council/Agency/Authority and Staff need to be recognized by the Mayor/Chairman before speaking.

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11. WRITTEN COMMUNICATIONS None.

12. MAYOR/CHAIRMAN COUNCIL/AGENCY/AUTHORITY INITIATED BUSINESS 12A. COMMITTEE REPORTS/ COUNCIL/AGENCY/AUTHORITY ANNOUNCEMENTS At this time Council/Agency/Authority Members may report on items not specifically described on the agenda which are of interest to the community provided no discussion or action may be taken except to provide staff direction to report back or to place the item on a future agenda.
12B. COUNCIL/AGENCY/AUTHORITY INITIATED ITEMS FOR A FUTURE MEETING At this time Council/Agency/Authority Members may place an item on a future agenda. 12C. COUNCIL/AGENCY/AUTHORITY INITIATED ITEMS FOR A FUTURE STUDY

SESSION
At this time Council/Agency/Authority Members may place an item on a future study session agenda.
12D. CITY COUNCIL INITIATED ITEM — DISCUSSION REGARDING OBTAINING A

LAND LEASE WITH SOUTHERN CALIFORNIA EDISON
At the February 28, 2023, City Council meeting, Council Member Warren requested that this item be agendized for discussion. Council Member Warren is requesting to discuss the possibility of obtaining a land lease with Southern California Edison for public use of vacant land.

RECOMMENDED ACTION:

City Council provide direction to staff.

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12E. CITY COUNCIL INITIATED ITEM — DISCUSSION REGARDING CONSIDERATION

FOR A RESOLUTION OF SUPPORT OF THE IRANIAN AMERICAN COMMUNITY At the February 28, 2023, City Council meeting, Council Member Torres requested that this item be agendized for discussion. Council Member Torres is requesting to discuss City Council consideration for a resolution of support of the Iranian American community, condemning the violence perpetrated by the government of Iran against its people.

RECOMMENDED ACTION:

City Council provide direction to staff.
12F. CITY COUNCIL INITIATED ITEM — DISCUSSION REGARDING THE CITY’S PERMIT

PARKING PROGRAM
At the February 28, 2023, City Council meeting, Council Member Torres requested that this item be agendized for discussion. Council Member Torres is requesting to hold a discussion regarding revisiting the City’s permit parking program.

RECOMMENDED ACTION:

City Council provide direction to staff.

13. ITEMS FROM CITY ATTORNEY/AGENCY COUNSEL/AUTHORITY COUNSEL

14. ITEMS FROM CITY MANAGER/EXECUTIVE DIRECTOR

14A. ORANGE COUNTY FIRE AUTHORITY
At this time the Orange County Fire Authority will provide the City Council with an update on their current operations.

15. ADJOURNMENT
I hereby certify under penalty of perjury under the laws of the State of California, the foregoing agenda was posted at the Post Office, Stanton Community Services Center and City Hall, not less than 72 hours prior to the meeting. Dated this 9th day of March, 2023. s/ Patricia A. Vazquez, City Clerk/Secretary

February 10-February 23, 2023
Electronic Transaction Nos. $ 300,734.20
Check Nos. $ 259,996.30
TOTAL $ 560,730.50
Demands listed on the attached
registers are accurate and funds
are available for payment thereof.
/s/ Hannah Shin-Heydorn /s/ Michelle Bannigan

CITY OF STANTON

ACCOUNTS PAYABLE REGISTER
2401-2421
conform to the City of Stanton Annual
Budget as approved by the City Council.
136202-136266
Demands listed on the attached registers
City Manager Finance Director
Item: 6B
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MINUTES OF THE CITY COUNCIL / SUCCESSOR AGENCY / HOUSING AUTHORITY

OF THE CITY OF STANTON
JOINT REGULAR MEETING FEBRUARY 28, 2023

1. CLOSED SESSION None.

2. CALL TO ORDER STANTON CITY COUNCIL / SUCCESSOR AGENCY /

HOUSING AUTHORITY JOINT REGULAR MEETING
The City Council / Successor Agency / Housing Authority meeting was called to order at 6:30 p.m. by Mayor Shawver.

3. PLEDGE OF ALLEGIANCE
Led by Ms. Ann Nguyen.

4. ROLL CALL

Present: Council/Agency/Authority Member Taylor, Council/Agency/Authority Member Torres, Council/Agency/Authority Member Warren, Mayor Pro Tem/Vice Chairperson Van, and Mayor/Chairman Shawver.

Absent: None.

Excused: None.

5. SPECIAL PRESENTATIONS AND AWARDS
A. Presentation by Ms. Ann Nguyen and Ms. Pam Schoonover providing the City Council with a sponsorship update regarding the 2022 Santa’s Siren Express event.

B. Townsend Public Affairs State and Federal Legislative report and update.

Item 5B was tabled for reporting at the March 28, 2023, regularly scheduled City Council meeting.

6. CONSENT CALENDAR
Motion/Second: Taylor/Van
ROLL CALL VOTE: Council/Agency/Authority Member Taylor AYE Council/Agency/Authority Member Torres AYE
Council/Agency/Authority Member Warren AYE
Mayor Pro Tem/Vice Chairperson Van AYE
Mayor/Chairman Shawver AYE
Motion unanimously carried:

Item: 6C
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CONSENT CALENDAR
6A. MOTION TO APPROVE THE READING BY TITLE OF ALL ORDINANCES AND RESOLUTIONS. SAID ORDINANCES AND RESOLUTIONS THAT APPEAR ON

THE PUBLIC AGENDA SHALL BE READ BY TITLE ONLY AND FURTHER

READING WAIVED
The City Council/Agency Board/Authority Board waived reading of Ordinances and Resolutions.
6B. APPROVAL OF WARRANTS
The City Council approved demand warrants dated January 27, 2023 – February 9, 2023, in the amount of $1,553,054.86.
6C. APPROVAL OF MINUTES
The City Council/Successor Agency/Housing Authority approved Minutes of Joint Regular Meeting – February 14, 2023.
6D. RENEWAL OF AUTHORIZATION FOR VIRTUAL PUBLIC MEETINGS PURSUANT TO AB 361
Consideration of the circumstances of the state of emergency related to the COVID19 pandemic to determine whether remote teleconference meetings of the City Council, Committees, and Commissions can continue to be held under the provisions of AB 361.

1. The City Council declared that this item is not subject to the California Environmental Quality Act (“CEQA”) pursuant to Sections 15060(c)(2) and 15060(c)(3); and

2. Reconsidered the circumstances of the state of emergency; and

3. Finds that state or local officials have continued to impose or recommend measures to promote social distancing; and

4. Directed staff, no later than 30 days after the City Council approves the recommended action, to report back on the state-proclaimed state of emergency so that City Council may reconsider the circumstances of the emergency, and, if appropriate, make findings to continue to hold virtual meetings of City legislative bodies pursuant to AB 361.

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6E. PURCHASE ORDER APPROVAL FOR A GENERATOR FOR THE STANTON COMMUNITY CENTER IMPROVEMENT PROJECT (TASK CODE 2023-603) The Public Works Department is proposing to purchase a generator for the Stanton Community Center Improvement Project in the amount of $130,387.74. The generator is an essential piece of equipment that provides a secondary source of power when there is an electric failure and will support the City’s ability to deliver essential services to the public during emergencies, including pandemics such as COVID-19.

1. The City Council declared that this action to be categorically exempt under the California Environmental Quality Act (“CEQA”), since the action herein does not constitute a “project” as defined by Section 15378 of the CEQA guidelines; and

2. Declared that the Generac Power Systems, Inc. quote using a Sourcewell purchasing contract is in accordance with the Purchasing and Contracting Guidelines Section 4.13; and

3. Authorized a purchase order for a generator from Generac Power Systems, Inc. in the amount of $130,387.74.
6F. LICENSE AGREEMENT WITH SOUTHERN CALIFORNIA EDISON FOR

STANTON PARK
In order to continue the License Agreement for Stanton Park (Assessor’s Parcel Numbers 131-091-19 and 131-091-29) between Southern California Edison (SCE) and the City of Stanton, it is necessary to approve the proposed agreement for a term of five (5) years commencing July 1, 2023 and ending on June 30, 2028. The City will pay SCE the sum of $6,713.74 for the term of the contract.

1. The City Council declared this action to be categorically exempt under the California Environmental Quality Act, Section 15061(b)(3) as the activity is covered by the general rule that CEQA applies only to projects which have the potential for causing significant effect on the environment; and

2. Approved Southern California Edison License Agreement No. 9.1976 to continue leasing Assessor’s Parcel Numbers 131-091-19 and 131-091-29 for Stanton Park for a five-year period commencing July 1, 2023 to June 30, 2028; and

3. Authorized the City Manager to execute said agreement.

END OF CONSENT CALENDAR

7. PUBLIC HEARINGS None.

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8. UNFINISHED BUSINESS
8A. APPROVAL OF ORDINANCE NO. 1127
This Ordinance was introduced at the regular City Council meeting of February 14, 2023.

Staff report by Ms. Patricia A. Vazquez, City Clerk.

Motion/Second: Torres/Van
ROLL CALL VOTE: Council Member Taylor AYE
Council Member Torres AYE
Council Member Warren AYE
Mayor Pro Tem Van AYE
Mayor Shawver AYE
Motion unanimously carried:

1. The City Clerk read the title of Ordinance No. 1127, entitled:
“AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
STANTON, CALIFORNIA, AMENDING SECTION 20.400.330 OF THE

STANTON MUNICIPAL CODE REGARDING ACCESSORY

DWELLING UNITS AND JUNIOR ACCESSORY DWELLING UNITS
TO ENSURE CONSISTENCY WITH STATE REGULATIONS”; and

2. The City Council adopted Ordinance No. 1127.

9. NEW BUSINESS
9A. AUTHORIZATION FOR COUNCIL MEMBERS TO ATTEND UPCOMING

MEETINGS AND EVENTS
Pursuant to the City of Stanton Travel and Reimbursement policy, a Council Member must receive City Council approval prior to a trip if the trip will exceed $500.

Council will consider the following requests for travel:
• Mayor David J. Shawver
o Event: Public-Private Partnership Conference & Expo
o Location: Dallas, TX
o Dates: March 6 – 8, 2023
• Mayor David J. Shawver
o Event: League of California Cities 2023 City Leaders Summit o Location: Sacramento, CA
o Dates: April 12 – 14, 2023
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• Mayor Pro Tem Hong Alyce Van
o Event: League of California Cities 2023 City Leaders Summit o Location: Sacramento, CA
o Dates: April 12 – 14, 2023
• Council Member Donald Torres
o Event: League of California Cities 2023 City Leaders Summit o Location: Sacramento, CA
o Dates: April 12 – 14, 2023.

Presentation by Ms. Hannah Shin-Heydorn, City Manager.

Mayor Shawver rescinded his request to attend the Public-Private Partnership Conference & Expo.

Motion/Second: Warren/Taylor
Motion carried by the following vote:

AYES: 5 (Shawver, Taylor, Torres, Van, and Warren)
NOES: None
ABSTAIN: None
ABSENT: None
Motion unanimously carried:

1. The City Council finds that this item is not subject to California Environmental Quality Act (“CEQA”) pursuant to Sections 15378(b)(5)(Organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment); and

2. Authorized Mayor Shawver, Mayor Pro Tem Van, and Council Member Torres to attend the proposed League of California Cities 2023 City Leaders Summit and authorized staff to make a budget adjustment as needed to cover registration and travel costs.
9B. APPROVE THE BUDGET ADJUSTMENTS PROPOSED FOR THE MID-YEAR BUDGET UPDATE FOR FISCAL YEAR 2022/23; AND RATIFY PURCHASE

FROM CONTINENTAL COMPUTERS
During the course of the fiscal year, it is often necessary to adjust estimated revenues and expenditure appropriations in various program areas, projects, and funds. All of the proposed changes to the Fiscal Year 2022/23 Adopted Operating Budget, including detailed explanations, are presented in Attachment A.

Overall, General Fund revenue is increasing by $549,190 and expenditures are increasing by $348,054 resulting in a net increase of $201,136, which will increase the General Fund’s available fund balance to a revised projected amount of $26.2 million by June 30, 2023.

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In addition to approving the proposed budget adjustments, staff is recommending City Council ratify the payment of $41,274.46 made to Continental Computers for the Blue Light Camera Program (Attachment F).

Presentation by Ms. Michelle Bannigan, Finance Director.

Motion/Second: Taylor/Warren
Motion carried by the following vote:

AYES: 5 (Shawver, Taylor, Torres, Van, and Warren)
NOES: None
ABSTAIN: None
ABSENT: None
Motion unanimously carried:

1. The City Council finds that this item is not subject to California Environmental Quality Act (“CEQA”) pursuant to Sections 15378(b)(5) (Organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment); and

2. The City Council approved the budget adjustments summarized in Attachment A; and

3. Ratified the payment of $41,274.46 to Continental Computers/WLAN Mall for the Blue Light Camera Program.

10. ORAL COMMUNICATION None.

11. WRITTEN COMMUNICATIONS None.

12. MAYOR/CHAIRMAN/COUNCIL/AGENCY/AUTHORITY INITIATED BUSINESS

12A. COMMITTEE REPORTS/COUNCIL/AGENCY/AUTHORITY ANNOUNCEMENTS • Mayor Pro Tem Van reported on the City’s attendance at the grand opening and ribbon cutting ceremony on February 22, 2023 for The Spoon a new Stanton business which features contemporary desserts that combine visual design with unique textures and flavors.
• Mayor Shawver reported on a drive thru food distribution event, which is scheduled to be held on March 18, 2023, at Stanton Park.

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12B. COUNCIL/AGENCY/AUTHORITY INITIATED ITEMS FOR A FUTURE COUNCIL

MEETING
• Council Member Warren requested to agendize discussion regarding the possibility of obtaining a land lease with Southern California Edison for public use of vacant land.
• Council Member Torres requested to agendize discussion regarding City Council consideration for a resolution of support of the Iranian American community, condemning the violence perpetrated by the government of Iran against its people.
12C. COUNCIL/AGENCY/AUTHORITY INITIATED ITEMS FOR A FUTURE STUDY

SESSION

Council Member Torres requested to agendize discussion regarding revisiting the City’s permit parking program.
12D. CITY COUNCIL INITIATED ITEM — DISCUSSION REGARDING THE CREATION

OF A SAFE ZONE FOR VENDING
At the February 14, 2023, City Council meeting, Mayor Shawver requested that this item be agendized for discussion. Mayor Shawver is requesting to discuss the creation of a safe zone for vending.

RECOMMENDED ACTION:

City Council provide direction to staff.

Mayor Shawver rescinded his request for Item 12D to be discussed by the City Council and stated that he is currently conducting additional research and prioritizing in depth discussions with various City partners.

13. ITEMS FROM CITY ATTORNEY/AGENCY COUNSEL/AUTHORITY COUNSEL None.

14. ITEMS FROM CITY MANAGER/EXECUTIVE DIRECTOR
• Ms. Hannah Shin-Heydorn, City Manager reported on the City’s upcoming Talk on the Block meeting, which is scheduled to be held on March 22, 2023, at 3:00 PM at the La Lampara Mobile Home Park (Club).
• Ms. Hannah Shin-Heydorn, City Manager, introduced the City’s new Community & Economic Development Director Ms. Crystal Landavazo to the City Council and Community.

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14A. ORANGE COUNTY SHERIFF’S DEPARTMENT
At this time the Orange County Sheriff’s Department will provide the City Council with an update on their current operations.

Captain Charles L. Walters provided the City Council with an update on their current operations.

Ms. Hannah Shin-Heydorn, City Manager expressed her gratitude to all agencies, City partners, and City staff for their efforts and support in response to a three-alarm fire in the 8300 block of Chapman Avenue, Stanton.

15. ADJOURNMENT Motion/Second: Shawver/
Motion carried at 7:52 p.m.
_______________________________________

MAYOR/CHAIRMAN
ATTEST:
_______________________________________

CITY CLERK/SECRETARY
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MINUTES OF THE CITY COUNCIL OF THE CITY OF STANTON
SPECIAL MEETING MARCH 7, 2023

1. CLOSED SESSION None.

2. CALL TO ORDER
The meeting was called to order at 6:03 p.m. by Mayor Shawver.

3. PLEDGE OF ALLEGIANCE
Led by Council Member Torres.

4. ROLL CALL

Present: Council Member Taylor, Council Member Torres, Council Member Warren, Mayor Pro Tem Van, and Mayor Shawver.

Absent: None.

Excused: None.

SPECIAL ORDERS OF THE DAY

5. NEW BUSINESS
5A. CITY COUNCIL CONSIDERATION FOR APPOINTMENT TO FILL FIVE (5) VACANCIES

ON THE STANTON PARKS, RECREATION AND COMMUNITY SERVICES COMMISSION, THREE (3) VACANCIES ON THE STANTON PLANNING COMMISSION, AND THREE (3) VACANCIES ON THE STANTON PUBLIC SAFETY COMMITTEE FOR APPOINTMENTS FOLLOWING THE NOVEMBER 2022 GENERAL MUNICIPAL

ELECTION
Consideration for appointment to fill five (5) vacancies on the Stanton Parks, Recreation and Community Services Commission, three (3) vacancies on the Stanton Planning Commission, and three (3) vacancies on the Stanton Public Safety Committee. There is currently a combined total of eleven (11) vacancies within the respective Commissions/Committee due to terms expired due to the November 2022 General Municipal Election. The Council Member holding the seat number corresponding to that numbered seat on the Commissions/Committee shall be responsible for appointment of one Commissioner/Committee Member, with majority approval of the City Council. The terms of office shall coincide with the term of office of the Council Member or Mayor who made the appointment.

Staff report by Ms. Patricia A. Vazquez, City Clerk.

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2. The City Council conducted interviews with the following applicants; and

3. Made appointments to fill seats #1-Taylor, #2-Shawver, #3-Torres, #6-Mayor’s Appointment, and #7-Mayor’s Appointment on the Stanton Parks, Recreation and Community Services Commission; and
Parks, Recreation and Community Services Commission:
• Mr. Greg Himes
o In-person interview
• Ms. Hanni Hoang Phan
o In- person interview
• Mr. Hong Tien Tran
o In-person interview
• Ms. Loreen Berlin
Motion carried by the following vote:

AYES: 5 (Shawver, Taylor, Torres, Van, and Warren)
NOES: None
ABSTAIN: None
ABSENT: None
Motion unanimously carried:

By majority vote the City Council waived the requirement to interview Ms. Loreen Berlin who was previously appointed by the City Council and who is requesting re-appointment to another term.
• Mr. Otniel Pavia
o In-person interview
• Mr. Rex dela Rosa
o In-person interview
During this portion of the interview Council Member Warren citing a conflict of interest recused herself from the dais and council chambers.
• Mr. John Warren
o In- person interview
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Seat #1 (Taylor):

Council Member Taylor selected Mr. John Warren to fill the vacancy within Seat #1 on the Stanton Parks, Recreation and Community Services Commission.

Motion/Second: Taylor/Van
Motion carried by the following vote:

AYES: 5 (Shawver, Taylor, Torres, Van, and Warren)
NOES: None
ABSTAIN: None
ABSENT: None
Motion unanimously carried:

Mr. John Warren was appointed to fill Seat #1 (Taylor) on the Stanton Parks, Recreation and Community Services Commission.

During this portion of the appointment process Council Member Warren returned to the council chambers and dais.

Seat #2 (Shawver):

Mayor Shawver selected Mr. Greg Himes to fill the vacancy within Seat #2 on the Stanton Parks, Recreation and Community Services Commission.

Motion/Second: Shawver/Torres
Motion carried by the following vote:

AYES: 5 (Shawver, Taylor, Torres, Van, and Warren)
NOES: None
ABSTAIN: None
ABSENT: None
Motion unanimously carried:

Mr. Greg Himes was appointed to fill Seat #2 (Shawver) on the Stanton Parks, Recreation and Community Services Commission.

Seat #3 (Torres):

Council Member Torres selected Mr. Otniel L. Pavia to fill the vacancy within Seat #3 on the Stanton Parks, Recreation and Community Services Commission.

Motion/Second: Torres/Taylor
Motion carried by the following vote:

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AYES: 5 (Shawver, Taylor, Torres, Van, and Warren)
NOES: None
ABSTAIN: None
ABSENT: None
Motion unanimously carried:

Mr. Otniel L. Pavia was appointed to fill Seat #3 (Torres) on the Stanton Parks, Recreation and Community Services Commission.

Seat #6 (Mayor’s Appointment):

Mayor Shawver selected Ms. Hanni Hoang Phan to fill the vacancy within Seat #6 on the Stanton Parks, Recreation and Community Services Commission.

Motion/Second: Shawver/Van
Motion carried by the following vote:

AYES: 5 (Shawver, Taylor, Torres, Van, and Warren)
NOES: None
ABSTAIN: None
ABSENT: None
Motion unanimously carried:

Ms. Hanni Hoang Phan was appointed to fill Seat #6 (Mayor’s Appointment) on the Stanton Parks, Recreation and Community Services Commission.

Seat #7 (Mayor’s Appointment):

Mayor Shawver selected Ms. Loreen Berlin to fill the vacancy within Seat #7 on the Stanton Parks, Recreation and Community Services Commission.

Motion/Second: Shawver/Taylor
Motion carried by the following vote:

AYES: 5 (Shawver, Taylor, Torres, Van, and Warren)
NOES: None
ABSTAIN: None
ABSENT: None
Motion unanimously carried:

Ms. Loreen Berlin was appointed to fill Seat #7 (Mayor’s Appointment) on the Stanton Parks, Recreation and Community Services Commission.

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4. Made appointments to fill seats #1-Taylor, #2-Shawver, and #3-Torres on the Stanton Planning Commission; and
Planning Commission:
• Ms. Elizabeth Ash
o In-person interview
• Mr. Hong Tien Tran
o In-person interview
• Mr. Jeffrey Jones
o Via submitted letter in lieu of in-person interview.
• Mr. Mike Pierce
o In-person interview
• Mr. Sophak Ok
o In-person interview
• Mr. Thomas Adams
o Via submitted letter in leu of in-person interview due to teleconference technical difficulties.

Motion carried by the following vote:

AYES: 5 (Shawver, Taylor, Torres, Van, and Warren)
NOES: None
ABSTAIN: None
ABSENT: None
Motion unanimously carried:

By majority vote the City Council waived the requirement to interview Mr. Thomas Adams who was previously appointed by the City Council and who is requesting reappointment to another term.

Seat #1 (Taylor):

Council Member Taylor selected Ms. Elizabeth Ash to fill the vacancy within Seat #1 on the Stanton Planning Commission.

Motion/Second: Taylor/Van
Motion carried by the following vote:

AYES: 5 (Shawver, Taylor, Torres, Van, and Warren)
NOES: None
ABSTAIN: None
ABSENT: None
Motion unanimously carried:

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Ms. Elizabeth Ash was appointed to fill Seat #1 (Taylor) on the Stanton Planning Commission.

Seat #2 (Shawver):

Mayor Shawver selected Mr. Thomas Adams to fill the vacancy within Seat #2 on the Stanton Planning Commission.

Motion/Second: Shawver/Taylor
Motion carried by the following vote:

AYES: 5 (Shawver, Taylor, Torres, Van, and Warren)
NOES: None
ABSTAIN: None
ABSENT: None
Motion unanimously carried:

Mr. Thomas Adams was appointed to fill Seat #2 (Shawver) on the Stanton Planning Commission.

Seat #3 (Torres):

Council Member Torres selected Mr. Hong Tien Tran to fill the vacancy within Seat #3 on the Stanton Planning Commission.

Motion/Second: Torres/Van
Motion carried by the following vote:

AYES: 5 (Shawver, Taylor, Torres, Van, and Warren)
NOES: None
ABSTAIN: None
ABSENT: None
Motion unanimously carried:

Mr. Hong Tien Tran was appointed to fill Seat #3 (Torres) on the Stanton Planning Commission.

5. Made appointments to fill seats #1-Taylor, #2-Shawver, and #3-Torres on the Stanton Public Safety Committee.

Public Safety Committee:
• Mr. Daniel Park
o In-person interview
• Mr. Jeffrey Jones
o Via submitted letter in lieu of in-person interview.

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Motion carried by the following vote:

AYES: 5 (Shawver, Taylor, Torres, Van, and Warren)
NOES: None
ABSTAIN: None
ABSENT: None
Motion unanimously carried:

By majority vote the City Council waived the requirement to interview Mr. Jeffrey Jones who was previously appointed by the City Council and who is requesting reappointment to another term. • Mr. Kenneth Bloom
o In-person interview
Seat #1 (Taylor):

Council Member Taylor selected Mr. Daniel Park to fill the vacancy within Seat #1 on the Stanton Public Safety Committee.

Motion/Second: Taylor/Torres
Motion carried by the following vote:

AYES: 5 (Shawver, Taylor, Torres, Van, and Warren)
NOES: None
ABSTAIN: None
ABSENT: None
Motion unanimously carried:

Mr. Daniel Park was appointed to fill Seat #1 (Taylor) on the Stanton Public Safety Committee.

Seat #2 (Shawver):

Mayor Shawver selected Mr. Kenneth Bloom to fill the vacancy within Seat #2 on the Stanton Public Safety Committee.

Motion/Second: Shawver/Torres
Motion carried by the following vote:

AYES: 5 (Shawver, Taylor, Torres, Van, and Warren)
NOES: None
ABSTAIN: None
ABSENT: None
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Motion unanimously carried:

Mr. Kenneth Bloom was appointed to fill Seat #2 (Shawver) on the Stanton Public Safety Committee.

Seat #3 (Torres):

Council Member Torres requested that the City Council consider re-opening the vacancy to fill one (1) seat on the Stanton Public Safety Committee and to address any residency concerns at the time of application submittal.

Motion/Second: Torres/Van
Motion carried by the following vote:

AYES: 5 (Shawver, Taylor, Torres, Van, and Warren)
NOES: None
ABSTAIN: None
ABSENT: None
Motion unanimously carried:

The City Council directed staff to re-open the recruitment process to fill one (1) vacancy on the Stanton Public Safety Committee and to address any residency concerns at the time of application submittal.

6. ADJOURNMENTMotion/Second: Shawver/
Motion carried at 8:40 p.m.
_______________________________________
MAYOR
ATTEST:
_______________________________________

CITY CLERK
1 CITY OF STANTON

REPORT TO THE CITY COUNCIL
TO: Honorable Mayor and Members of the City Council
DATE: March 14, 2023
SUBJECT: JANUARY 2023 INVESTMENT REPORT
REPORT IN BRIEF:

The Investment Report as of January 31, 2023, has been prepared in accordance with the City’s Investment Policy and California Government Code Section 53646.

RECOMMENDED ACTIONS:

2. Receive and file the Investment Report for the month of January 2023.

BACKGROUND:

Changes in the City’s cash and investment balances during the month of January are summarized below:

Between December 31, 2022, and January 31, 2023, the City’s total cash and investments increased by $2.4 million, primarily due to the receipt of property tax in lieu of vehicle license fees from the State of California in January. (The City receives these funds semi-annually in January and July.)
The City’s cash and investment balances by fund type are presented in Attachment A. A summary of the City’s investment portfolio is included as Attachment B. The detail of the City’s investments by type that are managed by City staff are shown in Attachment C.

The detail of investments by type that are managed by Chandler Asset Management, LLC Beginning Balance Net Change Ending Balance
Cash and Investment Accounts (Pooled-All Funds) $ 58,986,942.33 $ 2,467,305.56 $ 61,454,247.89 Cash (Non-Pooled) 4,013,947.31 249,709.25 4,263,656.56
Total Cash and Investments $ 63,000,889.64 $ 2,717,014.81 $ 65,717,904.45 Item: 6D
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2 (“Chandler”), of which we determined provide a net advantage to the City, are shown in Attachment D.

ANALYSIS:

The monthly cash and investment report provides a summary of the cash and investment accounts held by the City as of the end of that month. In order to manage its cash and investments, the City combines cash resources from all funds into a single pool consisting of a variety of accounts and securities. The balance in the pooled cash account includes cash and certain liquid investments that are available to meet the City’s current cash needs. Cash in excess of the City’s current cash needs is invested in interest-bearing investments with various maturities.

As of January 31, 2023, the market value of the City’s total investment portfolio was $53.4 million, of which $28.3 million (53%) is managed by City staff and $25.1 million (47%) is managed by Chandler (Attachment B). Detailed information regarding the securities contained in the City’s investment portfolio is provided in Attachments C and D. As of January 31, 2023, City investments consisted of the following:

The City’s investment portfolio is well-diversified with investments spread across nine different security types. Likewise, the average maturity of the City’s portfolio (except for LAIF) is approximately 2 years, which is within the 3.5 years target in the City’s investment policy.

FISCAL IMPACT:

All deposits and investments have been made in accordance with the City's Fiscal Year 2022-23 Investment Policy. The portfolio will allow the City to meet its expenditure requirements for the next six months. Staff remains confident that the investment portfolio is currently positioned to remain secure and sufficiently liquid.

Market Value as of
January 31, 2023
Percentage of
Portfolio
Invested by Type
Maximum
Percentage of
Portfolio
Permitted by
Investment Policy In Compliance?
Local Agency Investment Fund (LAIF) $ 22,498,193.04 42.11% 100.00% Yes U.S. Treasury Notes 9,155,574.50 17.14% 100.00% Yes
Corporate Notes 6,143,975.95 11.50% 30.00% Yes
Federal Agency Securities 4,910,981.80 9.19% 100.00% Yes Negotiable Certificates of Deposit 4,862,528.68 9.10% 30.00% Yes Asset Backed Securities 2,504,012.32 4.69% 20.00% Yes
Collateralized Mortgage Obligations 2,341,111.90 4.38% 20.00% Yes Municipal Bonds 962,465.60 1.80% 100.00% Yes
Money Market Funds 49,970.43 0.09% 20.00% Yes
Total Investments $ 53,428,814.22 100.00%
3 ENVIRONMENTAL IMPACT:

None.

LEGAL REVIEW:

None.

PUBLIC NOTIFICATION:

Through the normal agenda posting process.

STRATEGIC PLAN OBJECTIVE ADDRESSED:

Obj. No. 4: Ensure fiscal stability and efficiency in governance.

Prepared by: Michelle Bannigan, Finance Director
Approved by: Hannah Shin-Heydorn, City Manager
Attachments:

A. Cash and Investment Balances by Fund
B. Investments Portfolio Summary
C. Investment Portfolio Detail (Managed by City Staff)
D. Investment Portfolio Detail (Managed by Chandler)
Fund/ Account
No. Fund/Account Name Beginning Balance Increases Decreases Ending Balance 101-various General Fund $ 22,689,690.59 $ 4,426,845.45 $ (1,605,350.78) $ 25,511,185.26 102-111101 General Fund (Transactions & Use Tax) (405,781.95) 391,157.22 (320,725.00) (335,349.73)210-111101 Certified Access Specialists (CASP) Program Fund 57,790.33 - - 57,790.33 211-111101 Gas Tax Fund 1,632,986.72 168,578.88 (64,765.58) 1,736,800.02 215-111101 Road Maintenance and Rehabilitation act (RMRA) Fund 387,560.05 73,957.80 - 461,517.85 220-111101 Measure M Fund 605,798.75 109,631.07 - 715,429.82222-111101 Community Development Block Grant Fund 212,171.46 - - 212,171.46223-111101 Protective Services Fund - 21,525.06 (21,525.06) -224-111101 Lighting Maintenance 1919 Act Fund 1,044,529.74 15,389.31 (23,243.97) 1,036,675.08 225-111101 Lighting/Median Maintenance 1972 Act Fund 992,570.40 20,176.39 (17,275.62) 995,471.17226-111101 Air Quality Improvement Fund 205,041.72 - (4,752.33) 200,289.39 227-111101 Other Grants Fund 319,942.17 - (70,915.00) 249,027.17242-111101 Supplemental Law Enforcement Grant Fund 423,195.60 20,805.38 (12,500.00) 431,500.98 245-111101 Justice Assistance Grant (JAG) Grant Fund (8,937.13) 8,937.13 (451,701.72) (451,701.72) 250-111101 Families and Communities Together (FaCT) Grant Fund (39,225.65) 30,333.21 (18,258.32) (27,150.76)251-111101 Senior Transportation Fund 61,891.42 8,123.87 (2,831.06) 67,184.23257-111101 America Rescue Act Plan (ARPA) Fund 7,086,008.26 - (120,220.70) 6,965,787.56261-111101 Street Impact Fees Fund 102,274.56 - - 102,274.56263-111101 Community Center Impact Fees Fund 170,054.81 - - 170,054.81264-111101 Police Services Impact Fees Fund 153,648.66 - - 153,648.66271-111101 Public Safety Task Force Fund (City Funds) 83,000.27 - - 83,000.27280-111101 Stanton Central Park Maintenance Fund (23,204.23) 54,933.33 7,167.00 24,562.10 285-various Stanton Housing Authority Fund 9,703,414.80 126,520.17 (56,954.18) 9,772,980.79 305-111101 Capital Projects Fund 307,330.43 78,811.60 (78,811.60) 307,330.43 310-111101 Park and Recreation Facilities Fund 3,825,940.50 - (6,968.24) 3,818,972.26 501-111101 Sewer Maintenance Fund 6,271,777.38 53,385.33 (10,349.88) 6,314,812.83502-111101 Sewer Capital Improvement Fund 2,960.78 - - 2,960.78 602-111101 Workers' Compensation Fund 775,462.56 6,357.02 (997.29) 780,822.29 603-111101 Liability Risk Management Fund 108,126.27 - (5,663.00) 102,463.27604-111101 Employee Benefits Fund (56,578.86) 137,870.35 (74,329.80) 6,961.69 605-111101 Fleet Maintenance Fund 457,661.92 13,998.87 (13,524.98) 458,135.81 801-111101 Expendable Deposits Fund (25,771.87) 4,069.00 - (21,702.87) 901-111101 North Orange County Public Safety Collaborative (NOC) Fund - 1,865,611.87 (315,269.77) 1,550,342.10 Total Pooled Cash and Investments(1) $ 5,771,406.44 58,986,942.33 $ $ (3,289,766.88) $ 61,454,247.89 Less: Investments(1) $ (509,698.080) (52,921,407.52) $ $ 2,291.38 $ (53,428,814.22) Cash - Bank of the West General Checking Account $ 6,065,534.81 $ 5,261,708.36 $ (3,287,475.50) $ 8,025,433.67

CITY OF STANTON

CASH AND INVESTMENTS REPORT
MONTH ENDED JANUARY 31, 2023
Attachment: A
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Fund/ Account
No. Fund/Account Name Beginning Balance Increases Decreases Ending Balance

CITY OF STANTON

CASH AND INVESTMENTS REPORT
MONTH ENDED JANUARY 31, 2023

CASH-NON-POOLED
xxx-111103 Payroll Account - $ 267,059.81 $ (267,059.81) $ - $ 101-111109 Flexible Spending/AFLAC 8,652.32 - (3,915.25) 4,737.07101-111505 Petty Cash 600.00 - - 600.00285-111403 Cash with Property Management Company (QMG) 38,672.43 87,058.77 (40,078.71) 85,652.49604-111404 Cash with Fiscal Agent (PARS) (2) 208,601.61 3,966,022.56 (1,957.17) 4,172,667.00 Total Cash-Non-Pooled $ 562,720.19 4,013,947.31 $ (313,010.94) $ 4,263,656.56 $ INVESTMENTS POOLED ALL FUNDS 52,921,407.52 $ 509,698.08 $ (2,291.38) $ 53,428,814.22 $ Total Investments (3) $ 509,698.08 52,921,407.52 $ (2,291.38) $ 53,428,814.22 $ TOTAL CASH AND INVESTMENTS $ 6,334,126.63 63,000,889.64 $ (3,602,777.82) $ 65,717,904.45 $ Notes:
(3) - The Portfolio Summary Report and Holdings by Security Type are included in Attachments B and C, respectively.(1) - Pooled cash includes: City's Bank of the West general checking, investment sweep, and safekeeping accounts, the City's Local Agency Investment Fund (LAIF) account, the Housing Authority's LAIF account, and the Public Agency Retirement Services (PARS) account. (2) - The Public Agency Retirement Services (PARS) account is an irrevocable trust that can be used for pension and other post employment benefits only. This fund is excluded from the compliance requirements set forth in the City's investment policy.

Invested by City
Staff
$28.3M
53%
Invested by
Chandler
$25.1M
47%
Portfolio Summary
as of January 31, 2023
TOTAL = $53.4M

ATTACHMENT C ATTACHMENT D
Attachment: B
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City of Stanton
Portfolio Holdings
Investment Portfolio | by Security Sector
Report Format: By Transaction
Group By: Security Sector
Average By: Face Amount / Shares
Portfolio / Report Group: All Portfolios
As of 1/31/2023
Description CUSIP/Ticker Settlement Date YTM @ Cost Face Amount/Shares Cost Value Book Value Market Value Maturity Date Days To Maturity Accrued Interest % of Portfolio Certificate Of Deposit
Allegiance Bank TX 2.65 2/14/2023 01748DBB1 4/11/2019 2.650 249,000.00 249,000.00 249,000.00 248,853.09 2/14/2023 14 307.33 0.87 Bank Hapoalim NY 2.9 3/25/2024 06251AW48 4/24/2019 2.900 250,000.00 250,000.00 250,000.00 244,912.50 3/25/2024 419 2,542.47 0.87 Bank of New England NH 2.65 5/23/2024 06426KBE7 5/23/2019 2.650 249,000.00 249,000.00 249,000.00 242,416.44 5/23/2024 478 144.62 0.87 Cornerstone Community Bank CA 2.6 5/17/2024 219240BY3 5/17/2019 2.600 249,000.00 249,000.00 249,000.00 242,339.25 5/17/2024 472 248.32 0.87 EagleBank MD 2.65 4/28/2023 27002YEL6 4/30/2019 2.650 249,000.00 249,000.00 249,000.00 247,852.11 4/28/2023 87 18.08 0.87 Evansville Teachers FCU IN 2.25 7/22/2024 299547AV1 7/22/2019 2.250 249,000.00 249,000.00 249,000.00 240,242.67 7/22/2024 538 138.14 0.87 First Technology FCU CA 3.35 9/27/2023 33715LCJ7 9/27/2018 3.350 240,000.00 240,000.00 240,000.00 237,945.60 9/27/2023 239 88.11 0.84 First Tier Bank NE 1.95 8/23/2024 33766LAJ7 8/23/2019 1.950 249,000.00 249,000.00 249,000.00 238,649.07 8/23/2024 570 106.42 0.87 Greenstate FCU IA 1.95 2/28/2023 39573LAF5 8/28/2019 1.950 249,000.00 249,000.00 249,000.00 248,571.72 2/28/2023 28 39.91 0.87 Healthcare Systems FCU VA 2.65 4/25/2024 42228LAD3 4/25/2019 2.650 246,000.00 246,000.00 246,000.00 239,916.42 4/25/2024 450 1,750.31 0.86 Horizon Bank NE 1.7 8/29/2023 44042TBQ6 7/29/2019 2.101 249,000.00 245,090.70 248,449.76 245,459.22 8/29/2023 210 23.19 0.87 Main Street Bank VA 2.6 4/26/2024 56065GAG3 4/26/2019 2.600 249,000.00 249,000.00 249,000.00 242,618.13 4/26/2024 451 88.68 0.87 McGregor TX 2.3 6/28/2024 32112UDA6 7/12/2019 2.200 249,000.00 250,170.30 249,331.79 241,619.64 6/28/2024 514 47.07 0.87 Merrick Bank UT 2.6 8/23/2023 59013J7P8 4/23/2019 2.600 249,000.00 249,000.00 249,000.00 246,168.87 8/23/2023 204 141.90 0.87 Morgan Stanley NY 3.1 2/7/2024 61760AVJ5 2/7/2019 3.100 246,000.00 246,000.00 246,000.00 242,007.42 2/7/2024 372 3,698.09 0.86 Morgan Stanley UT 3.1 2/7/2024 61690UDW7 2/7/2019 3.100 246,000.00 246,000.00 246,000.00 242,007.42 2/7/2024 372 3,698.09 0.86 Mountain America CU UT 3 3/27/2023 62384RAF3 4/9/2019 2.840 249,000.00 250,494.00 249,056.75 248,479.59 3/27/2023 55 81.86 0.87 Raymond James Bank FL 2 8/23/2024 75472RAE1 8/23/2019 2.000 247,000.00 247,000.00 247,000.00 237,008.85 8/23/2024 570 2,179.01 0.86 University of Iowa CU IA 3.05 5/15/2023 91435LAG2 4/25/2019 2.919 248,000.00 249,240.00 248,087.08 246,931.12 5/15/2023 104 621.70 0.86 Washington Federal Bank WA 1.95 8/28/2024 938828BN9 8/28/2019 1.950 249,000.00 249,000.00 249,000.00 238,529.55 8/28/2024 575 39.91 0.87 Sub Total / Average Certificate Of Deposit 2.549 4,960,000.00 4,959,995.00 4,959,925.38 4,862,528.68 336 16,003.21 17.27 Local Government Investment Pool
LAIF | City LGIP LAIFCITY0895 2/29/2020 2.425 15,975,824.17 15,975,824.17 15,975,824.17 15,776,557.52 N/A 1 55.62 LAIF | Housing Authority LGIP LAIFHA0004 2/29/2020 2.425 6,806,533.49 6,806,533.49 6,806,533.49 6,721,635.52 N/A 1 23.70 Sub Total / Average Local Government Investment Pool 2.425 22,782,357.66 22,782,357.66 22,782,357.66 22,498,193.04 1 0.00 79.32 Municipal
Arvin Community CA 2.5 3/1/2023 043288AK5 8/8/2019 2.350 275,000.00 276,399.75 275,031.20 274,496.75 3/1/2023 29 2,864.58 0.96 Fort Bragg CA 1.871 8/1/2024 347028JZ6 9/18/2019 1.750 205,000.00 206,150.05 205,354.26 197,408.85 8/1/2024 548 1,917.78 0.71 Riverside Pension CA 2.75 6/1/2024 769036BD5 8/28/2019 2.030 250,000.00 258,120.00 252,273.97 243,792.50 6/1/2024 487 1,145.83 0.87 Stockton CA 2.5 9/1/2023 861403AU7 5/1/2019 2.600 250,000.00 248,975.00 249,862.17 246,767.50 9/1/2023 213 2,604.17 0.87 Sub Total / Average Municipal 2.207 980,000.00 989,644.80 982,521.60 962,465.60 301 8,532.36 3.41 Total / Average 2.439 28,722,357.66 28,731,997.46 28,724,804.64 28,323,187.32 69 24,535.57 100 Attachment: C
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MONTHLY ACCOUNT STATEMENT
City of Stanton - Account #10991
JANUARY 1, 2023 THROUGH JANUARY 31, 2023
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures.

CHANDLER ASSET MANAGEMENT
chandlerasset.com
Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian
US Bank
Alexander Bazan
(503) 402-5305
Attachment: D / Page 1 of 9
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ACCOUNT SUMMARY
Beg. Values
as of 12/31/22
End Values
as of 1/31/23
Market Value 24,879,277 25,105,627
Accrued Interest 168,096 199,117
Total Market Value 25,047,373 25,304,744
Income Earned 64,727 65,100
Cont/WD -2,291
Par 25,785,650 25,810,273
Book Value 25,057,905 25,089,182
Cost Value 25,057,905 25,089,182

TOP ISSUERS
Government of United States 36.5%
Federal Home Loan Bank 9.4%
Federal Home Loan Mortgage Corp 9.3%
Federal Farm Credit Bank 7.8%
Federal National Mortgage Assoc 2.4%
JP Morgan Chase & Co 1.7%
Bank of America Corp 1.7%
Morgan Stanley 1.7%
Total 70.4%

PORTFOLIO CHARACTERISTICS
Average Modified Duration 2.34
Average Coupon 3.02%
Average Purchase YTM 4.14%
Average Market YTM 4.35%
Average S&P/Moody Rating AA/Aa2
Average Final Maturity 2.78 yrs
Average Life 2.48 yrs

SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (S&P) Portfolio Summary
As of January 31, 2023
City of Stanton
Account #10991

PERFORMANCE REVIEW
Annualized
TOTAL RATE OF RETURN 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS 11/30/2022 City of Stanton 1.04% N/A 1.04% N/A N/A N/A N/A N/A N/A ICE BofA 1-5 Yr US Treasury & Agency Index 1.04% N/A 1.04% N/A N/A N/A N/A N/A N/A Chandler Asset Management - CONFIDENTIAL Page 1 Execution Time: 2/16/2023 12:15:21 PM ATTACHMENT D -Page 2 of 9
Category Standard Comment
U.S. Treasuries No limit; 5 years max maturity Complies Federal Agencies 25% max per Agency/GSE issuer; 20% max agency callable securities; 5 years max maturity Complies Supranational Obligations "AA" rated or higher by a NRSRO; 30% max; 10% max per issuer; 5 years max maturity; USD denominated senior unsecured unsubordinated obligations issued or unconditionally guaranteed by IBRD, IFC, or IADB Complies Municipal Securities (CA, Other States) "A" rated or higher by a NRSRO; 5% max per issuer; 5 years max maturity Complies Corporate Medium Term Notes "A" rated or higher by a NRSRO; 30% max; 5% max per issuer; 5 years max maturity; Issuer is a corporation organized and operating within the U.S. or by depository institutions licensed by the U.S. or any state and operating within the U.S. Complies Asset-Backed, Mortgage-Backed,
Mortgage Pass-Through Securities, and
Collateralized Mortgage Obligations
"AA" rated or higher by a NRSRO; "A" long-term issuer rated or higher by a NRSRO; 20% max (combined ABS/MBS/CMO); 5% max per Asset-Backed or Commercial Mortgage security issuer; There is no issuer limitation on any Mortgage security where the issuer is the U.S. Treasury or Federal Agency/GSE; 5 years max maturity Complies
Negotiable Certificates of Deposit (NCD)
The amount of NCD insured up to the FDIC/NCUA limit does not require any credit ratings; Any amount above FDIC/NCUA insured limit must be issued by institutions with "A-1" short-term debt rated or higher by a NRSRO; or "A" long-term rated or higher by a NRSRO; 30% max (combined with CDARS); 5% max per issuer; 5 years max maturity Complies
Certificate of Deposit Placement Service
(CDARS) 30% max (combination of Certificates of Deposit, including CDARS) Complies Time Deposits (Non-negotiable CD/TD) 20% max combined FDIC & Collateralized CD/TD; 5 years max maturity Complies Collateralized Bank Deposits 5 years max maturity Complies Banker’s Acceptances
A-1 short-term debt rated or higher by a NRSRO; or "A" long-term debt rated or higher by a NRSRO; 40% max; 5% max per issuer; 180 days max maturity Complies
Commercial Paper "A-1" rated or higher by a NRSRO; "A" long-term debt rated issuer or higher by a NRSRO; 25% max; 5% max per issuer; 270 days maturity; Issuer is a corporation organized and operating within the U.S. with assets > $500 million Complies Money Market Mutual Funds
20% max in Money Market Mutual Funds; Attained highest rating by two NRSROs; or Retained an investment adviser registered or exempt from SEC registration with > 5 years experience investing in securities authorized by CGC, and with AUM >$500 million
Complies
Local Agency Investment Fund (LAIF) Maximum amount permitted by LAIF; Not used by investment adviser Complies Local Government Investment Pools Other LGIPS permitted by client; Not used by investment adviser Complies Max Per Issuer
5% max per issuer, except 1) Where the issuer is U.S. Government, its Agencies, and GSEs, 2) Supranational securities, 3) Money Market Mutual Funds, 4) Local Government Investment Pools Complies Liquidity Funds 20% minimum of the total portfolio for liquidity funds, defined as active bank deposits, LAIF and CAMP balances and Money Market securities with maturity of < 6 months Complies
Weighted Maturity 3.5 years max weighted maturity Complies Maximum Maturity
5 years max maturity;
Exception: Reserve or Capital Improvement Project monies may be invested in securities exceeding 5 years if the maturities of such investments are made to coincide as nearly as practicable with the expected use of funds Complies
Statement of Compliance
As of January 31, 2023
City of Stanton Consolidated
'This portfolio is a consolidation of assets managed by Chandler Asset Management and assets managed internally by Client. Chandler relies on Client to provide accurate information for reporting assets and producing this compliance statement.

ATTACHMENT D -Page 3 of 9
Holdings Report
As of January 31, 2023
City of Stanton
Account #10991
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
58769KAD6 Mercedes-Benz Auto Lease Trust 2021-
B A3

0.4% Due 11/15/2024
365,000.00 Various

4.62%
352,692.58
352,692.58

97.49 5.15%
355,841.35

64.89 1.41%
3,148.77

NR / AAA
AAA

1.79 0.53
09690AAC7 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
309,799.12 09/14/2022

4.00%
300,783.48
300,783.48

97.89 5.17%
303,249.16

17.04 1.20%
2,465.68
Aaa / NR
AAA

1.90 0.44
43815PAC3 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
350,000.00 09/21/2022

4.36%
345,625.00
345,625.00

98.32 4.65%
344,114.02
471.43

1.36%
(1,510.98)

NR / AAA
AAA

3.47 1.89
89238FAD5 Toyota Auto Receivables OT 2022-B A3

2.93% Due 9/15/2026
350,000.00 09/13/2022

4.13%
342,207.03
342,207.03

97.08 4.80%
339,772.86
455.78

1.34%
(2,434.17)
Aaa / AAA
NR

3.62 1.59
05522RDD7 Bank of America Credit Card Tr 2021-A1
A1

0.44% Due 9/15/2026
400,000.00 09/22/2022

4.45%
376,187.50
376,187.50

94.91 4.85%
379,648.08

78.22 1.50%
3,460.58

NR / AAA
AAA

3.62 1.17
92348KAL7 Verizon Master Trust 2022-1 A

1.04% Due 1/20/2027
350,000.00 09/14/2022

3.03%
340,607.42
340,607.42

98.12 2.92%
343,406.50
111.22

1.36%
2,799.08
Aaa / AAA
NR

3.97 1.01
02582JJT8 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027
350,000.00 09/13/2022

4.18%
343,382.81
343,382.81

97.69 4.50%
341,922.14
527.33

1.35%
(1,460.67)

NR / AAA
AAA

4.29 2.15
47800BAC2 John Deere Owner Trust 2022-C A3

5.09% Due 6/15/2027
95,000.00 10/12/2022

5.15%
94,992.63
94,992.63
101.11

4.69%
96,058.21
214.91

0.38%
1,065.58
Aaa / NR
AAA

4.37 2.46
Total ABS 2,569,799.12 4.16%
2,496,478.45
2,496,478.45 4.58%
2,504,012.32
1,940.82

9.90%
7,533.87
Aaa / AAA
AAA

3.30 1.31
AGENCY
3130AT5B9 FHLB Note

3.375% Due 9/1/2023
650,000.00 09/15/2022

4.02%
646,087.00
646,087.00

98.94 5.24%
643,098.95
9,140.63

2.58%
(2,988.05)
Aaa / AA+
NR

0.58 0.56
3130A0F70 FHLB Note

3.375% Due 12/8/2023
450,000.00 09/13/2022

3.90%
447,183.00
447,183.00

98.79 4.83%
444,575.70
2,235.94

1.77%
(2,607.30)
Aaa / AA+
AAA

0.85 0.82
3130A0XE5 FHLB Note

3.25% Due 3/8/2024
650,000.00 09/13/2022

3.89%
644,066.70
644,066.70

98.36 4.79%
639,350.40
8,391.32

2.56%
(4,716.30)
Aaa / AA+
NR

1.10 1.05
3130ASHK8 FHLB Note

3.125% Due 6/14/2024
650,000.00 09/13/2022

3.85%
642,128.50
642,128.50

97.75 4.84%
635,365.25
2,651.91

2.52%
(6,763.25)
Aaa / AA+
NR

1.37 1.31
3133ENJ84 FFCB Note

3.375% Due 8/26/2024
650,000.00 09/13/2022

3.83%
644,540.00
644,540.00

98.28 4.52%
638,805.05
9,445.31

2.56%
(5,734.95)
Aaa / AA+
AAA

1.57 1.49
Chandler Asset Management - CONFIDENTIAL Page 2 Execution Time: 2/16/2023 12:15:21 PM ATTACHMENT D -Page 4 of 9
Holdings Report
As of January 31, 2023
City of Stanton
Account #10991
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
AGENCY
3133ENP79 FFCB Note

4.25% Due 9/26/2024
650,000.00 09/22/2022

4.25%
649,948.00
649,948.00

99.76 4.40%
648,449.75
9,592.01

2.60%
(1,498.25)
Aaa / AA+
NR

1.65 1.56
3133ENP95 FFCB Note

4.25% Due 9/30/2025
650,000.00 09/23/2022

4.31%
648,875.50
648,875.50
100.50

4.05%
653,263.65
9,285.07

2.62%
4,388.15
Aaa / AA+
NR

2.67 2.47
3135G0Q22 FNMA Note

1.875% Due 9/24/2026
650,000.00 09/14/2022

3.73%
605,208.50
605,208.50

93.55 3.78%
608,073.05
4,299.48

2.42%
2,864.55
Aaa / AA+
AAA

3.65 3.45
Total Agency 5,000,000.00 3.98%
4,928,037.20
4,928,037.20 4.55%
4,910,981.80
55,041.67

19.62%
(17,055.40)
Aaa / AA+
AAA

1.70 1.61
CMO
3137BHXJ1 FHLMC K045 A2

3.023% Due 1/25/2025
455,503.92 09/16/2022

5.07%
443,796.05
443,796.05

97.13 4.53%
442,428.32
1,147.49

1.75%
(1,367.73)

NR / NR
AAA

1.99 1.81
3137BMTX4 FHLMC K052 A2

3.151% Due 11/25/2025
250,000.00 09/26/2022

4.89%
238,818.36
238,818.36

97.04 4.30%
242,599.40
656.46

0.96%
3,781.04

NR / NR
AAA

2.82 2.48
3137BN6G4 FHLMC KO53

2.995% Due 12/25/2025
350,000.00 09/16/2022

4.23%
338,064.45
338,064.45

96.63 4.27%
338,192.51
873.54

1.34%
128.06

NR / NR
AAA

2.90 2.57
3137BTUM1 FHLMC K061 A2

3.347% Due 11/25/2026
350,000.00 09/22/2022

4.37%
337,435.55
337,435.55

97.02 4.20%
339,561.88
976.21

1.35%
2,126.33

NR / NR
AAA

3.82 3.35
3137BVZ82 FHLMC K063

3.43% Due 1/25/2027
350,000.00 09/13/2022

3.97%
342,412.11
342,412.11

97.54 4.10%
341,392.24
1,000.42

1.35%
(1,019.87)

NR / NR
AAA

3.99 3.52
3137F2LJ3 FHLMC K066 A2

3.117% Due 6/25/2027
350,000.00 09/13/2022

3.97%
337,640.63
337,640.63

96.45 4.01%
337,561.28
909.13

1.34%
(79.35)

NR / NR
AAA

4.40 3.90
3137FAWS3 FHLMC K067 A2

3.194% Due 7/25/2027
310,000.00 09/22/2022

4.28%
295,856.25
295,856.25

96.57 4.02%
299,376.27
825.12

1.19%
3,520.02
Aaa / NR
NR

4.48 4.04
Total CMO 2,415,503.92 4.41%
2,334,023.40
2,334,023.40 4.22%
2,341,111.90
6,388.37

9.28%
7,088.50
Aaa / NR
AAA

3.43 3.05

CORPORATE
89115A2J0 Toronto-Dominion Bank Note

4.285% Due 9/13/2024
200,000.00 09/15/2022

4.57%
198,938.00
198,938.00

99.18 4.81%
198,362.40
3,237.56

0.80%
(575.60)
A1 / A
AA1.621.52
12572QAG0 CME Group Inc. Callable Note Cont
12/15/2024
3% Due 3/15/2025
250,000.00 09/16/2022

4.26%
242,670.00
242,670.00

97.35 4.32%
243,383.75
2,833.33

0.97%
713.75
Aa3 / AAAA2.12

2.00 Chandler Asset Management - CONFIDENTIAL Page 3 Execution Time: 2/16/2023 12:15:21 PM ATTACHMENT D -Page 5 of 9
Holdings Report
As of January 31, 2023
City of Stanton
Account #10991
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

CORPORATE
808513BB0 Charles Schwab Corp Callable Note
Cont 2/24/2025

4.2% Due 3/24/2025
250,000.00 09/16/2022

4.36%
249,015.00
249,015.00

99.58 4.40%
248,943.00
3,791.67

1.00%
(72.00)
A2 / A
A

2.15 2.03
78016EZ59 Royal Bank of Canada Note

3.375% Due 4/14/2025
200,000.00 09/16/2022

4.49%
194,656.00
194,656.00

97.49 4.58%
194,982.80
2,006.25

0.78%
326.80
A1 / A
AA2.202.07
756109AV6 Realty Income Corp Callable Not Cont
2/15/2025

3.875% Due 4/15/2025
250,000.00 09/13/2022

4.47%
246,425.00
246,425.00

98.13 4.78%
245,325.25
2,852.43

0.98%
(1,099.75)
A3 / ANR2.21

2.06 14913R2V8 Caterpillar Financial Service Note

3.4% Due 5/13/2025
125,000.00 09/21/2022

4.39%
121,940.00
121,940.00

97.64 4.50%
122,044.75
920.83

0.49%
104.75
A2 / A
A

2.28 2.15
06368D3S1 Bank of Montreal Note

3.7% Due 6/7/2025
350,000.00 09/13/2022

4.50%
342,912.50
342,912.50

97.64 4.77%
341,736.50
1,942.50

1.36%
(1,176.00)
A2 / AAA2.35

2.21 63743HFE7 National Rural Utilities Note

3.45% Due 6/15/2025
250,000.00 09/19/2022

4.42%
243,805.00
243,805.00

97.02 4.79%
242,557.50
1,102.08

0.96%
(1,247.50)
A2 / AA2.37

2.23 91324PCP5 United Health Group Inc Note

3.75% Due 7/15/2025
125,000.00 09/21/2022

4.36%
122,981.25
122,981.25

98.63 4.34%
123,285.00
208.33

0.49%
303.75
A3 / A+
A

2.45 2.31
89236TKF1 Toyota Motor Credit Corp Note

3.65% Due 8/18/2025
350,000.00 09/13/2022

4.23%
344,498.00
344,498.00

97.79 4.58%
342,278.65
5,784.24

1.38%
(2,219.35)
A1 / A+
A+

2.55 2.36
24422EWJ4 John Deere Capital Corp Note

4.05% Due 9/8/2025
125,000.00 09/21/2022

4.36%
123,933.75
123,933.75

99.09 4.42%
123,866.25
2,010.94

0.50%
(67.50)
A2 / A
A

2.61 2.40
69371RS23 Paccar Financial Corp Note

4.95% Due 10/3/2025
250,000.00 09/27/2022

4.95%
250,020.00
250,020.00
101.26

4.44%
253,148.25
4,056.25

1.02%
3,128.25
A1 / A+
NR

2.67 2.44
46647PCZ7 JP Morgan Chase & Co Callable Note
Cont 4/26/2025

4.08% Due 4/26/2026
200,000.00 09/13/2022

5.13%
195,980.00
195,980.00

98.23 4.92%
196,456.80
2,153.33

0.78%
476.80
A1 / AAA3.24

2.09 61747YET8 Morgan Stanley Callable Note Cont
7/17/2025

4.679% Due 7/17/2026
200,000.00 09/13/2022

5.12%
199,302.00
199,302.00

99.16 5.04%
198,328.40
363.92

0.79%
(973.60)
A1 / AA+3.46

2.29 06051GLA5 Bank of America Corp Callable Note
Cont 7/22/2025

4.827% Due 7/22/2026
200,000.00 09/13/2022

5.25%
199,336.00
199,336.00

99.75 4.93%
199,496.40
241.35

0.79%
160.40
A2 / AAA3.47

2.31 06406RBJ5 Bank of NY Mellon Corp Callable Note
1X 7/24/2025

4.414% Due 7/24/2026
350,000.00 Various

4.86%
348,501.00
348,501.00

99.31 4.71%
347,581.50
300.40

1.37%
(919.50)
A1 / A
AA3.482.32
Chandler Asset Management - CONFIDENTIAL Page 4 Execution Time: 2/16/2023 12:15:21 PM ATTACHMENT D -Page 6 of 9
Holdings Report
As of January 31, 2023
City of Stanton
Account #10991
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

CORPORATE
74340XBK6 Prologis LP Callable Note Cont 7/1/2026

3.25% Due 10/1/2026
250,000.00 09/14/2022

4.30%
240,397.50
240,397.50

96.02 4.44%
240,053.00
2,708.33

0.96%
(344.50)
A3 / A
NR

3.67 3.37
26442CAS3 Duke Energy Carolinas Callable Note
Cont 9/1/2026

2.95% Due 12/1/2026
250,000.00 09/16/2022

4.31%
237,035.00
237,035.00

95.48 4.24%
238,687.50
1,229.17

0.95%
1,652.50
Aa3 / A
NR

3.84 3.55
46647PCB0 JP Morgan Chase & Co Callable Note
Cont 4/22/2026

1.578% Due 4/22/2027
250,000.00 09/15/2022

5.15%
221,377.50
221,377.50

89.87 5.01%
224,685.25
1,084.88

0.89%
3,307.75
A1 / AAA4.22

3.06 91324PEG3 United Health Group Inc Callable Note
Cont 4/15/2027

3.7% Due 5/15/2027
250,000.00 09/13/2022

4.21%
244,607.50
244,607.50

98.33 4.13%
245,832.25
1,952.78

0.98%
1,224.75
A3 / A+
A

4.29 3.89
89115A2C5 Toronto-Dominion Bank Note

4.108% Due 6/8/2027
200,000.00 09/13/2022

4.73%
194,794.00
194,794.00

98.37 4.52%
196,737.20
1,209.58

0.78%
1,943.20
A1 / A
NR

4.35 3.92
61747YEC5 Morgan Stanley Callable Note Cont
7/20/2026

1.512% Due 7/20/2027
250,000.00 09/15/2022

5.11%
219,305.00
219,305.00

89.22 4.93%
223,057.25
115.50

0.88%
3,752.25
A1 / AA+4.47

3.31 06051GJS9 Bank of America Corp Callable Note
Cont 6/21/2027

1.734% Due 7/22/2027
250,000.00 09/15/2022

5.28%
219,722.50
219,722.50

89.60 5.03%
224,003.25
108.38

0.89%
4,280.75
A2 / AAA4.47

3.30 78016FZS6 Royal Bank of Canada Note

4.24% Due 8/3/2027
200,000.00 09/13/2022

4.73%
195,794.00
195,794.00

98.61 4.59%
197,216.80
4,310.67

0.80%
1,422.80
A1 / A
AA4.513.97
14913R3A3 Caterpillar Financial Service Note

3.6% Due 8/12/2027
250,000.00 09/13/2022

4.27%
242,635.00
242,635.00

97.54 4.20%
243,849.75
4,225.00

0.98%
1,214.75
A2 / A
A

4.53 4.06
023135BC9 Amazon.com Inc Callable Note Cont
5/22/2027

3.15% Due 8/22/2027
250,000.00 09/14/2022

4.17%
238,730.00
238,730.00

95.61 4.22%
239,021.50
3,478.13

0.96%
291.50
A1 / AA
AA4.564.13
24422EWK1 John Deere Capital Corp Note

4.15% Due 9/15/2027
250,000.00 09/13/2022

4.29%
248,480.00
248,480.00

99.62 4.24%
249,055.00
4,121.18

1.00%
575.00
A2 / A
A

4.62 4.10
Total Corporate 6,325,000.00 4.59%
6,127,791.50
6,127,791.50 4.59%
6,143,975.95
58,349.01

24.51%
16,184.45
A1 / A
A+

3.30 2.81
Chandler Asset Management - CONFIDENTIAL Page 5 Execution Time: 2/16/2023 12:15:21 PM ATTACHMENT D -Page 7 of 9
Holdings Report
As of January 31, 2023
City of Stanton
Account #10991
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

MONEY MARKET FUND
31846V203 First American Govt Obligation Fund
Class Y
49,970.43 Various

3.83%
49,970.43
49,970.43

1.00 3.83%
49,970.43

0.00 0.20%

0.00 Aaa / AAA
AAA

0.00 0.00
Total Money Market Fund 49,970.43 3.83%
49,970.43
49,970.43 3.83%
49,970.43

0.00 0.20%

0.00 Aaa / AAA
AAA

0.00 0.00

US TREASURY
912828B66 US Treasury Note

2.75% Due 2/15/2024
650,000.00 09/26/2022

4.31%
636,517.58
636,517.58

97.97 4.77%
636,822.55
8,257.47

2.55%
304.97
Aaa / AA+
AAA

1.04 1.00
91282CEX5 US Treasury Note
3% Due 6/30/2024
650,000.00 09/15/2022

3.91%
639,818.36
639,818.36

97.88 4.56%
636,238.20
1,723.76

2.52%
(3,580.16)
Aaa / AA+
AAA

1.41 1.36
91282CFG1 US Treasury Note

3.25% Due 8/31/2024
650,000.00 09/21/2022

4.00%
640,935.55
640,935.55

98.20 4.44%
638,294.80
8,986.88

2.56%
(2,640.75)
Aaa / AA+
AAA

1.58 1.50
9128283P3 US Treasury Note

2.25% Due 12/31/2024
650,000.00 09/15/2022

3.85%
627,351.56
627,351.56

96.35 4.26%
626,260.05
1,292.82

2.48%
(1,091.51)
Aaa / AA+
AAA

1.92 1.84
9128284F4 US Treasury Note

2.625% Due 3/31/2025
650,000.00 09/14/2022

3.80%
631,667.97
631,667.97

96.98 4.10%
630,347.90
5,812.50

2.51%
(1,320.07)
Aaa / AA+
AAA

2.16 2.05
9128284M9 US Treasury Note

2.875% Due 4/30/2025
650,000.00 09/22/2022

4.15%
629,789.06
629,789.06

97.38 4.11%
632,962.85
4,800.93

2.52%
3,173.79
Aaa / AA+
AAA

2.25 2.13
91282CEU1 US Treasury Note

2.875% Due 6/15/2025
650,000.00 09/15/2022

3.89%
632,962.89
632,962.89

97.41 4.03%
633,140.30
2,464.29

2.51%
177.41
Aaa / AA+
AAA

2.37 2.25
91282CFE6 US Treasury Note

3.125% Due 8/15/2025
650,000.00 09/13/2022

3.75%
638,802.74
638,802.74

97.93 3.99%
636,517.70
9,383.49

2.55%
(2,285.04)
Aaa / AA+
AAA

2.54 2.38
91282CFK2 US Treasury Note

3.5% Due 9/15/2025
650,000.00 09/19/2022

3.90%
642,712.89
642,712.89

98.88 3.95%
642,712.85
8,735.50

2.57%
(0.04)
Aaa / AA+
AAA

2.62 2.44
9128286L9 US Treasury Note

2.25% Due 3/31/2026
650,000.00 09/14/2022

3.75%
617,880.86
617,880.86

95.37 3.82%
619,912.15
4,982.14

2.47%
2,031.29
Aaa / AA+
AAA

3.16 2.99
9128287B0 US Treasury Note

1.875% Due 6/30/2026
650,000.00 09/15/2022

3.78%
606,632.81
606,632.81

94.00 3.76%
611,000.00
1,077.35

2.42%
4,367.19
Aaa / AA+
AAA

3.41 3.25
9128282A7 US Treasury Note

1.5% Due 8/15/2026
650,000.00 09/13/2022

3.72%
597,923.83
597,923.83

92.51 3.78%
601,300.70
4,504.08

2.39%
3,376.87
Aaa / AA+
AAA

3.54 3.37
Chandler Asset Management - CONFIDENTIAL Page 6 Execution Time: 2/16/2023 12:15:21 PM ATTACHMENT D -Page 8 of 9
Holdings Report
As of January 31, 2023
City of Stanton
Account #10991
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

US TREASURY
91282CEF4 US Treasury Note

2.5% Due 3/31/2027
650,000.00 09/14/2022

3.66%
618,591.80
618,591.80

95.41 3.70%
620,166.30
5,535.71

2.47%
1,574.50
Aaa / AA+
AAA

4.16 3.87
91282CFH9 US Treasury Note

3.125% Due 8/31/2027
650,000.00 09/13/2022

3.57%
636,822.26
636,822.26

97.84 3.64%
635,933.35
8,641.23

2.55%
(888.91)
Aaa / AA+
AAA

4.58 4.16
91282CGC9 US Treasury Note

3.875% Due 12/31/2027
350,000.00 01/24/2023

3.59%
354,470.70
354,470.70
101.13

3.62%
353,964.80
1,198.90

1.40%
(505.90)
Aaa / AA+
AAA

4.92 4.43
Total US Treasury 9,450,000.00 3.85%
9,152,880.86
9,152,880.86 4.05%
9,155,574.50
77,397.05

36.49%
2,693.64
Aaa / AA+
AAA

2.71 2.54
TOTAL PORTFOLIO 25,810,273.47 4.14%
25,089,181.84
25,089,181.84 4.35%
25,105,626.90
199,116.92
100.00%
16,445.06
Aa2 / AA
AAA

2.78 2.34
TOTAL MARKET VALUE PLUS ACCRUED 25,304,743.82
Chandler Asset Management - CONFIDENTIAL Page 7 Execution Time: 2/16/2023 12:15:21 PM ATTACHMENT D -Page 9 of 9
1 CITY OF STANTON

REPORT TO THE SUCCESSOR AGENCY TO THE

STANTON REDEVELOPMENT AGENCY
TO: Honorable Chairman and Members of the Successor Agency DATE: March 14, 2023
SUBJECT: JANUARY 2023 INVESTMENT REPORT (SUCCESSOR AGENCY) REPORT IN BRIEF:

The Investment Report as of January 31, 2023, has been prepared in accordance with the City’s Investment Policy and California Government Code Section 53646.

RECOMMENDED ACTIONS:

2. Receive and file the Investment Report for the month of January 2023.

BACKGROUND:

The attached reports summarize the Successor Agency’s investment and deposit balances as of January 2023. During the month of January, the Successor Agency’s cash and investments in total did not change. However, $1.9 million was transferred from the Bank of the West checking account to the U.S. Bank fiscal agent accounts to be held for future debt service payments for the Successor Agency’s outstanding bonds. The Successor Agency’s cash and investment balances by fund are presented in Attachment A. The Successor Agency’s investments and deposits by financial institution are included as Attachment B.

ANALYSIS:

The Successor Agency’s share of the City’s investment in the State Treasurer’s Local Agency Investment Fund (LAIF) continues to be available on demand. The effective yield on LAIF for the month of January 2023 was 2.43%.

Item: 6E
Click here to return to the agenda.
2 The Successor Agency’s investments are shown on Attachment B and have a weighted investment yield of 2.43%, which is equal to the benchmark LAIF return of 2.43%, as the entire portfolio (excluding funds held with the bond fiscal agents) represents the Successor Agency’s portion of LAIF and Bank of the West funds invested by the City.

With a completely liquid portfolio, the weighted average maturity of the Successor Agency’s investments on January 31, 2023, was 1 day. LAIF’s average maturity on January 31, 2023, was approximately 273 days.

FISCAL IMPACT:

All deposits and investments have been made in accordance with the City's Fiscal Year 2022-23 Investment Policy.

The portfolio will allow the Successor Agency to meet its expenditure requirements for the next six months.

ENVIRONMENTAL IMPACT:

None.

LEGAL REVIEW:

None.

PUBLIC NOTIFICATION:

Through the agenda posting process.

Prepared by: Michelle Bannigan, Finance Director
Approved by: Hannah Shin-Heydorn, City Manager
Attachments:

A. Cash and Investment Balances by Fund
B. Investments and Deposits
Fund/
Account No. Fund/Account Name
Beginning
Balance Increases Decreases Ending Balance

CASH-POOLED
712-111101 Redevelopment Obligation Retirement Fund $ 5,262,108.71 $ (1,948,442.82) - $ $ 3,313,665.89 Total Cash-Pooled (1) $ - 5,262,108.71 $ (1,948,442.82) $ 3,313,665.89 $ CASH-RESTRICTED (with Fiscal Agent)
712-111423 2016 Tax Allocation Bonds, Series A and B $ 29.90 $ 713,920.10 $ - $ 713,950.00712-111425 2016 Tax Allocation Bonds, Series C and D 39.78 1,234,522.72 - 1,234,562.50 712-111426 2020 Tax Allocation Refunding Bonds, Series A 25.84 - - 25.84 Total Cash-Restricted (with Fiscal Agent) $ 95.52 $ 1,948,442.82 $ 1,948,538.34 - $ TOTAL CASH AND INVESTMENTS $ 5,262,204.23 $ 1,948,442.82 $ (1,948,442.82) $ 5,262,204.23 Note:
(1) - Includes the Successor Agency's share of the City's Bank of the West checking account and Local Agency Investment Fund (LAIF).

SUCCESSOR AGENCY TO THE STANTON REDEVELOPMENT AGENCY

CASH AND INVESTMENTS REPORT
MONTH ENDED JANUARY 31, 2023
Attachment: A
Click here to return to the agenda.

SUCCESSOR AGENCY TO THE STANTON REDEVELOPMENT AGENC
Y

INVESTMENTS AND DEPOSITS
Investment Issuer/ Date of Market MV
Type Institution Broker Maturit
y Cost
Value Source
LAIF and BOW General Acct State of California/ BOW State of California On Demand 2.43% N/A $ 3,313,666 $ LAIF 3,313,666 Total Cash Investments and Deposits 1 2.43% $ 3,313,666 $ 3,313,666 Weighted AverageWeighted Average
Bond Funds Held by Trustees: Maturity (days) Yield
Investment Issuer/ CUSIP Date of Interest Par Market MV Type Institution Broker Number Maturit
y Rate
Value Cost
Value Source
2016 Series A and BDebt Service:Cash Equivalents US Bank Money Market US Bank 9AMMF05B2 On Demand 0.02% 713,949 $ $ 713,949 $ US Bank 713,949 Principal: Cash Equivalent US Bank Money Market US Bank 9AMMF05B2 On Demand 0.02% 1 1 1 US Bank Total 2016 Series A and B $ 713,950 $ 713,950
Investment Issuer/ CUSIP Date of Interest Par Market MV Type Institution Broker Number Maturit
y Rate
Value Cost
Value Source
2016
Series
C and D
Debt Service:Cash Equivalent US Bank Money Market US Bank 9AMMF05B2 On Demand 0.02% 1,234,560 $ $ 1,234,560 $ US Bank 1,234,560 Interest:Cash Equivalent US Bank Money Market US Bank 9AMMF05B2 On Demand 0.02% 1 1 1 US Bank Principal: Cash Equivalent US Bank Money Market US Bank 9AMMF05B2 On Demand 0.02% 1 1 1 US Bank Total 2016 Series C and D $ 1,234,562 $ 1,234,562 MONTH ENDED JANUARY 31, 2023
Rate
Interest

Page 1 of 2 ends

Attachment: B
Click here to return to the agenda.

Investment Issuer/ CUSIP Date of Interest Par Market MV Type Institution Broker Number Maturity Rate Value Cost Value Source 2020 Tax Allocation Refunding Bonds Special Fund:Cash Equivalent US Bank Money Market US Bank 9AMMF05B2 On Demand 0.02% $ 26 $ 26 $ US Bank 26 Total 2020 Tax Allocation Bonds (Tax-Exempt) $ 26 $ 26
Total Bond Fund Investments and Deposits (3) $ 1,948,538 1,948,538 $ TOTAL - ALL CASH AND INVESTMENTS $5,262,204 $5,262,204 Notes: (1) - There have been no exceptions to the Investment Policy. (2) - The Successor Agency is able to meet its expenditure requirements for the next six months. (3) - Restricted Bond Funds are held by the fiscal agent.

ATTACHMENT B

Page 2 ends

2 1

CITY OF STANTON

REPORT TO THE CITY COUNCIL
TO: Honorable Mayor and Members of the City Council
DATE: March 14, 2023
SUBJECT: JANUARY 2023 GENERAL FUND REVENUE AND EXPENDITURE REPORT; HOUSING AUTHORITY REVENUE AND EXPENDITURE
REPORT; AND STATUS OF CAPITAL IMPROVEMENT PROGRAM
REPORT IN BRIEF:

The Revenue and Expenditure Report for the month ended January 31, 2023, has been provided to the City Manager in accordance with Stanton Municipal Code Section

RECOMMENDED ACTIONS:

2. Receive and file the General Fund and Housing Authority Fund’s January 2023 Revenue and Expenditure Report and Status of Capital Improvement Projects for the month ended January 31, 2023.

ANALYSIS:

General Fund Revenue and Expenditure Reports
Attachments A and B summarize the General Fund’s revenue and expenditure activity through January 31, 2023. The reports include information for the month of January, on a year-to-date basis through January, the current fiscal year’s budgeted balance and the year-to-date as a percentage of the budget. In addition, for comparison purposes, the year-to-date amount, final amount, and a percentage of final for the previous fiscal year (through January) is included as well.

Item: 6F
Click here to return to the agenda.
2 As of January 31, total General Fund revenues received to date are approximately $13.9 million, which represents 48% of the Fiscal Year 2022/23 budgeted amount and is approximately $48,910 (less than 1%) lower than the revenues recognized for the same period last year (Attachment A, page 2).

Total General Fund expenditures are approximately $15.1 million through January 31, which represents 52% of the 2022/23 projected expenditures and is approximately $968,394 (6%) higher than the expenditures incurred for the same period last year (Attachment B, page 2). The two divisions with the largest increases in costs compared to the same period for the previous fiscal year were: the Law Enforcement Division (#2100) and the Public Facilities Division (#3200). The Law Enforcement Division’s expenditures are $478,838 (7%) higher through January 2023 compared to actual costs through January 2022, which is consistent with the City’s 7% increase in law enforcement contract costs for the current fiscal year. Public Facilities Division expenditures are $264,802 (114%) higher than the same period in Fiscal Year 2021/22 due to the purchase of a new skip loader during Fiscal Year 2022/23.

Per Attachment C, the City’s General Fund reserves and available fund balance (“discretionary fund balance”) is expected to be $26.2 million by June 30, 2023 as shown in the table below:

Estimated
Balance
at 6/30/2023
Reserves set aside per City Resolution No. 2022-34 $ 13,900,000 Committed Developer Contributions 1,476,296
Undesignated Fund Balance 10,806,254
Total Discretionary Fund Balance $ 26,182,550
Housing Authority Revenue and Expenditure Reports
Attachment D summarizes the Housing Authority Fund’s revenue and expenditure activity through January 31, 2023. The report includes information for the activity during the month of January, information on a year-to-date basis through January, the current fiscal year’s budgeted balance and the year-to-date as a percentage of the budget. In addition, for comparison purposes, the year-to-date amount, final amount, and a percentage of final for the previous fiscal year (through January) is included as well.

As of January 31, total Housing Authority Fund revenues received to date was $571,179, which represents 97% of the Fiscal Year 2022/23 budgeted amount and is $322,086 (36%) less than the revenue collected through the same period last year.

During Fiscal Year 2021/22, the Housing Authority received $606,902 for the sale of the property located at 7455 Katella Avenue. Total Housing Authority Fund expenditures were $3.1 million through January 31, which represents 81% of the 2022/23 estimated expenditures and is $1.6 million (106%) higher than the expenditures incurred for the 3 same period last year, due to the $2.5 million paid to assist Jamboree Housing with the acquisition of the Riviera Motel for a permanent supportive housing project.

Per Attachment E, the City’s Housing Authority Fund’s available fund balance is expected to be $9.2 million by June 30, 2023.

Status of Capital Improvement Projects (CIP) (Attachment F) The Fiscal Year 2022/23 CIP budget includes $4.5 million from the Fiscal Year 2022/23 Adopted Budget; $11.3 million in carryover funding from Fiscal Year 2021/22, and $1.2 million in additional appropriations approved by City Council since July 1, 2022, for a total amended budget of $17.1 million as of January 31, 2023. As of January 31, capital project expenditures totaled $2.3 million (14% of the amended budget) with an additional $1.4 million (8% of the amended budget) under contract (encumbered) for work currently underway, for a total amount spent or encumbered to date of $3.8 million (22% of the amended budget) as of January 31, 2023.

FISCAL IMPACT:

None.

ENVIRONMENTAL IMPACT:

None.

LEGAL REVIEW:

None.

PUBLIC NOTIFICATION:

Through the normal agenda posting process.

STRATEGIC PLAN OBJECTIVE ADDRESSED:

Obj. No. 4: Ensure fiscal stability and efficiency in governance.

Prepared by: Michelle Bannigan, Finance Director
Approved by: Hannah Shin-Heydorn, City Manager
4 Attachments:

A. January 2023 General Fund Revenues
B. January 2023 General Fund Expenditures
C. General Fund Reserve Balances
D. January 2023 Housing Authority Revenue and Expenditures E. Housing Authority Reserve Balance
F. Status of Capital Improvement Projects as of January 31, 2023 %
FY 2022/23 FY 2022/23 Activity Change
Adopted Amended During Year To Date Percent of FY 2021/22 From Budget Budget January Actual * Budget Actual* Prior Year TAXES
Property Tax $ 7,983,200 $ 7,983,200 $ 2,736,547 $ 4,210,883 52.75% 4,043,497 $ 4.14%Sales and Use Tax 5,232,000 5,232,000 340,945 2,197,563 42.00% 2,151,712 2.13% Transactions and Use Tax 5,805,000 5,805,000 391,157 2,461,279 42.40% 2,335,588 5.38% Transient Occupancy Tax 610,000 610,000 54,513 358,330 58.74% 334,790 7.03% Franchise Fees 1,177,000 1,177,000 88,047 392,789 33.37% 285,629 37.52% Business Licenses 158,000 158,000 46,662 124,818 79.00% 109,952 13.52% Utility Users Tax 1,961,000 1,961,000 193,870 1,233,698 62.91% 1,055,182 16.92% Cannabis Tax 620,000 620,000 ‐ ‐ 0.00% ‐ **
Tax Increment Pass‐thru Payment 429,450 429,450 ‐ 307,496 71.60% 270,516 13.67% TAXES‐TOTAL 23,975,650 23,975,650 3,851,741 11,286,856 47.08% 10,586,866 6.61%INTERGOVERNMENTAL County WDA Shared Revenue 100,000 100,000 ‐ ‐ 0.00% 101,376 ‐100.00% Mandated Cost Reimbursement 30,000 30,000 ‐ ‐ 0.00% ‐ ** Motor Vehicle In Lieu 30,000 30,000 ‐ ‐ 0.00% ‐ 45,717 100.00% Public Safety Augmentation Tax 193,000 193,000 16,157 92,409 47.88% 85,698 7.83% Planning Grants ‐ ‐ ‐ ‐ 0.00% 152,434 ‐100.00% Federal Grants ‐ ‐ ‐ 8,708 ** ‐ 100.00%
Other Grants 4,200 4,200 139 3,111 74.07% 84,407 ‐96.31% INTERGOVERNMENTAL‐TOTAL 357,200 357,200 16,296 104,228 29.18% 469,632 ‐77.81%CHARGES FOR SERVICES Charges for Services 256,425 256,425 9,962 100,706 39.27% 47,957 109.99% Information Technology Charges 37,605 37,605 3,134 21,936 58.33% 17,701 23.93% CHARGES FOR SERVICES‐TOTAL 294,030 294,030 13,096 122,642 41.71% 65,658 86.79%

FEES AND PERMITS
Solid Waste Impact Fees 1,175,000 1,175,000 179,794 565,421 48.12% 468,433 20.70% Building Permits and Fees 1,205,000 1,205,000 27,504 336,117 27.89% 511,222 ‐34.25%Planning Permits and Fees 104,250 104,250 3,225 41,377 39.69% 48,905 ‐15.39% Engineering Permits and Fees 91,000 91,000 4,735 69,208 76.05% 76,571 ‐9.62% Recycling Fees 90,500 90,500 ‐ 20,205 22.33% 19,525 3.48% January 2023 General Fund Revenues (58% of year)

CITY OF STANTON
FY 2022/23

ATTACHMENT A

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%
FY 2022/23 FY 2022/23 Activity Change
Adopted Amended During Year To Date Percent of FY 2021/22 From Budget Budget January Actual * Budget Actual* Prior Year January 2023 General Fund Revenues (58% of year)

CITY OF STANTON
FY 2022/23
Other Permits and Fees 225,900 236,400 40,884 158,807 67.18% 165,577 ‐4.09% Community Services Fees 45,700 45,700 7,043 43,095 94.30% 46,870 ‐8.05% FEES AND PERMITS ‐TOTAL 2,937,350 2,947,850 263,185 1,234,230 41.87% 1,337,103 ‐7.69%FINES AND FORFEITURES General Fines 700 700 ‐ 369 52.71% 18,170 ‐97.97% Motor Vehicle Fines 45,000 45,000 6,100 19,764 43.92% 20,777 ‐4.88% Parking Citations 225,000 225,000 17,645 100,937 44.86% 148,321 ‐31.95%DMV Parking Collections 71,000 71,000 6,475 36,228 51.03% 32,721 10.72% Administrative Citation 10,000 10,000 ‐ 4,589 45.89% 3,700 24.03% FINES AND FORFEITURES‐TOTAL 351,700 351,700 30,220 161,887 46.03% 223,689 ‐27.63%

USE OF MONEY AND PROPERTY
Investment Earnings 217,000 217,000 ‐ 295,448 136.15% 71,192 315.00% Unrealized Gains (Losses) ‐ ‐ 265,518 93,881 ** (250,345) ‐137.50% Interest on Loan to Landscape District Fund 11,020 ‐ 11,020 5,760 52.27% 10,882 ‐47.07% Rental Income 93,335 93,335 13,429 119,569 128.11% 43,611 174.17% USE OF MONEY AND PROPERTY‐TOTAL 321,355 321,355 278,947 514,658 160.15% (124,660) ‐512.85%

MISCELLANEOUS REVENUE
Miscellaneous Revenue 163,935 166,935 4,017 13,175 7.89% ‐ 47,778 72.42% MISCELLANEOUS REVENUE‐TOTAL 163,935 166,935 4,017 13,175 7.89% ‐ 47,778 72.42%

TRANSFERS IN
From Gas Tax Fund 205,000 205,000 17,083 119,583 58.33% 119,583 0.00% From Protective Services Fund 382,000 382,000 21,525 227,177 59.47% 217,697 4.35% From Supplemental Law Enforcement Grants Fund 150,000 150,000 12,500 87,500 58.33% 87,500 0.00% From Housing Authority Fund ‐ ‐ ‐ ‐ ** ‐ 890,000 100.00% TRANSFERS IN‐TOTAL 737,000 737,000 51,108 434,260 58.92% 1,314,780 ‐66.97% TOTAL REVENUES AND TRANSFERS IN $ 29,138,220 $ 29,151,720 $ 4,508,610 $ 13,871,936 47.59% 13,920,84 $ ‐ 6 0.35% * = Actual data is reported through January.

ATTACHMENT A

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FY 2022/23 FY 2022/23 % Change
Adopted Amended Activity During Year To Date FY 2021/22 From Acct. No. Description Budget Budget January Actual * % of Budget Actual* Prior Year 101 General Fund
430100 Current Year‐Secured $ 1,178,100 $ 1,178,100 $ 60,172 $ 631,710 53.62% $ ‐ 633,555 0.29% 430105 Current Year‐Unsecured 30,000 30,000 10,736 26,734 89.11% 18,532 44.26% 430115 Property Tax‐Supplemental 20,000 20,000 8,048 22,820 114.10% 9,217 147.59%430120 Residual Redevelopment Property Tax 1,356,600 1,356,600 ‐ 823,340 60.69% 791,483 4.02% 430121 In‐Lieu Vehicle License Fee 5,258,500 5,258,500 2,649,865 2,649,865 50.39% 2,504,005 5.83% 430135 Homeowners Tax Relief 1,000 1,000 1,680 2,400 240.00% 2,480 ‐3.23%430140 Property Transfer Tax 139,000 139,000 5,481 53,449 38.45% 84,113 ‐36.46% 430200 Sales And Use Tax 5,232,000 5,232,000 340,945 2,197,563 42.00% 2,151,712 2.13% 430300 Transient Occupancy Tax 610,000 610,000 54,513 358,330 58.74% 334,790 7.03%430405 Franchise Tax/Cable TV 200,000 200,000 ‐ 90,430 45.22% 51,718 74.85% 430410 Franchise Tax/Electric 244,000 244,000 ‐ ‐ 0.00% ‐ ** 430415 Franchise Tax/Gas 75,000 75,000 ‐ ‐ 0.00% ‐ **430420 Franchise Tax/Refuse 570,000 570,000 88,047 302,359 53.05% 233,911 29.26% 430425 Franchise Tax/Water 88,000 88,000 ‐ ‐ 0.00% ‐ **430500 Business License Tax 158,000 158,000 46,662 124,818 79.00% 109,952 13.52% 430600 Util User Tax/Electricity 970,000 970,000 105,771 775,887 79.99% 617,587 25.63% 430605 Util User Tax/Telephone 271,000 271,000 32,949 102,678 37.89% 103,572 ‐0.86% 430610 Util User Tax/Gas 295,000 295,000 26,327 133,842 45.37% 105,256 27.16% 430615 Util User Tax/Water 425,000 425,000 28,823 221,291 52.07% 228,767 ‐3.27% 430700 Cannabis Tax 620,000 620,000 ‐ ‐ 0.00% ‐ ** 440100 AB 1389 Pass Through from RDA 429,450 429,450 ‐ 307,496 71.60% 270,516 13.67% 101 General Fund 18,170,650 18,170,650 3,460,584 8,825,577 48.57% 8,251,278 6.96% 102 General Fund (Transactions & Use Tax)
430250 Transactions & Use Tax 5,805,000 5,805,000 391,157 2,461,279 42.40% 2,335,588 5.38% 102 General Fund (Transactions & Use Tax) 5,805,000 5,805,000 391,157 2,461,279 42.40% 2,335,588 5.38% TAXES ‐ TOTAL $ 23,975,650 $ 23,975,650 $ 3,851,741 $ 11,286,856 47.08% 10,586,866 $ 6.61% TAXES
January 2023 General Fund Revenues (58% of year)
FY 2022/23
* = Actual data is reported through January.

ATTACHMENT A

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FY 2022/23 FY 2022/23 % Change
Adopted Amended Activity During Year To Date FY 2021/22 From Acct. No. Description Budget Budget January Actual * % of Budget Actual* Prior Year 101 General Fund432121 County WDA Shared Revenue $ 100,000 $ ‐ 100,000 $ ‐ $ 0.00% $ 101,376 ‐100.00% 432135 Mandated Cost Reimbursement 30,000 ‐ 30,000 ‐ 0.00% ‐ ** 432150 Motor Vehicle In Lieu 30,000 30,000 ‐ ‐ 0.00% ‐ 45,717 100.00% 432180 Public Safety Augmentation Tax 193,000 193,000 16,157 92,409 47.88% 85,698 7.83% 432245 Planning Grants ‐ ‐ ‐ ‐ ** ‐ 152,434 100.00% 432256 Other Grants 4,200 4,200 139 3,111 74.07% 84,407 ‐96.31% 432270 Federal Grants ‐ ‐ ‐ 8,708 ** ‐ 100.00% INTERGOVERNMENTAL ‐ TOTAL $ 357,200 $ 357,200 $ 16,296 $ 104,228 29.18% 469,632 $ ‐77.81%

INTERGOVERNMENTAL
January 2023 General Fund Revenues (58% of year)
FY 2022/23
* = Actual data is reported through January.

ATTACHMENT A

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FY 2022/23 FY 2022/23 % Change
Adopted Amended Activity During Year To Date FY 2021/22 From Acct. No. Description Budget Budget January Actual * % of Budget Actual* Prior Year 101 General Fund433100 Charges For Services $ 256,425 $ 256,425 $ 9,962 $ 100,706 39.27% 47,957 $ 109.99% 433136 Information Technology Charges 37,605 37,605 3,134 21,936 58.33% 17,701 23.93% CHARGES FOR SERVICES ‐ TOTAL $ 294,030 $ 294,030 $ 13,096 $ 122,642 41.71% $ 65,658 86.79%

CHARGES FOR SERVICES
January 2023 General Fund Revenues (58% of year)
FY 2022/23
* = Actual data is reported through January.

ATTACHMENT A

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FY 2022/23 FY 2022/23 % Change
Adopted Amended Activity During Year To Date FY 2021/22 From Acct. No. Description Budget Budget January Actual * % of Budget Actual* Prior Year101 General Fund431100 Building Plan Check Fees $ 175,000 $ 175,000 $ 5,110 $ 68,318 39.04% 154,840 $ ‐55.88% 431105 Mechanical Permits 100,000 100,000 870 27,633 27.63% ‐ 39,260 29.62% 431110 Building Permits 750,000 750,000 14,864 148,425 19.79% 242,483 ‐38.79%431115 Plumbing Permits 80,000 80,000 1,120 25,545 31.93% 20,355 25.50% 431120 Electrical Permits 100,000 100,000 5,540 66,196 66.20% 54,284 21.94% 431130 Engineering Plan Check Fees 51,000 51,000 ‐ 13,185 25.85% ‐ 43,445 69.65%431135 Public Works Permits 40,000 40,000 4,735 56,023 140.06% 33,126 69.12% 431140 S M I P ‐ Commercial Fees 400 400 ‐ 9 2.25% 7 28.57%431145 S M I P‐Residential Permits 500 500 ‐ 48 9.60% 41 17.07% 431146 SB 1473 Fee 2,500 2,500 35 387 15.48% ‐ 439 11.85% 431160 Solid Waste Impact Fees 1,175,000 1,175,000 179,794 565,421 48.12% 468,433 20.70% 431180 P/W Inspections ‐ 10,000 6,584 16,575 165.75% ‐ 100.00% 431185 Parking Permits 10,000 10,000 675 5,566 55.66% ‐ 25,557 78.22% 431190 Towing Franchise Fee 25,000 25,000 360 12,780 51.12% ‐ 12,960 1.39% 431195 Other Fees & Permits 15,000 15,500 2,038 13,751 88.72% ‐ 14,120 2.61%431201 Cannabis Business Renewal Permit Fee 10,000 10,000 ‐ ‐ 0.00% ‐ ** 433200 Conditional Use Permit 7,000 7,000 ‐ 4,645 66.36% ‐ 12,425 62.62% 433205 Precise Plan Of Design 15,000 15,000 ‐ 16,380 109.20% 2,100 680.00% 433220 Preliminary Plan Review 8,000 8,000 ‐ ‐ 0.00% ‐ 9,375 100.00% 433225 Environmental Services 4,400 4,400 ‐ 675 15.34% 505 33.66% 433227 Foreclosure Registration 10,850 10,850 2,645 4,897 45.13% ‐ 5,419 9.63%433230 Zoning Entitlements 5,000 5,000 ‐ ‐ 0.00% ‐ ** 433235 Land Divisions 10,000 10,000 ‐ 1,535 15.35% ‐ 2,500 38.60% 433240 Special Event Permits 500 500 360 1,080 216.00% 180 500.00% 433245 Sign/Ban'R/Gar Sa/Temp Use Per 6,000 6,000 90 1,805 30.08% 3,780 ‐52.25% 433250 Ministerial Services 12,000 12,000 70 5,930 49.42% ‐ 9,605 38.26%433260 Landscape Plan Check 1,000 1,000 ‐ 1,625 162.50% 1,300 25.00% 433270 General Plan Maint Surcharge 15,000 15,000 420 3,885 25.90% 1,507 157.80%

FEES AND PERMITS
January 2023 General Fund Revenues (58% of year)
FY 2022/23

ATTACHMENT A

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FY 2022/23 FY 2022/23 % Change
Adopted Amended Activity During Year To Date FY 2021/22 From Acct. No. Description Budget Budget January Actual * % of Budget Actual* Prior Year101 General Fund

FEES AND PERMITS
January 2023 General Fund Revenues (58% of year)
FY 2022/23
433285 Other Developmental Fees 5,000 ‐ 5,000 ‐ 0.00% ‐ 389 100.00% 433305 General Recreation Programs 24,000 24,000 4,320 28,872 120.30% 26,122 10.53% 433315 Sports Fields 21,700 21,700 2,723 14,223 65.54% ‐ 20,748 31.45% 437115 Recycling Fees 90,500 90,500 ‐ 20,205 22.33% 19,525 3.48% 430505 New/Moved Bus Lic Appl Rev 37,000 37,000 2,290 17,370 46.95% ‐ 18,730 7.26% 430510 Business Tax Renewal Process 128,000 128,000 26,550 88,470 69.12% ‐ 90,972 2.75% 430515 SB 1186 2,000 2,000 1,992 2,771 138.55% 2,571 7.78% FEES AND PERMITS ‐ TOTAL $ 2,937,350 $ 2,947,850 $ 263,185 $ 1,234,230 41.87% 1,337,103 $ ‐7.69% * = Actual data is reported through January.

ATTACHMENT A

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FY 2022/23 FY 2022/23 % Change
Adopted Amended Activity During Year To Date FY 2021/22 From Acct. No. Description Budget Budget January Actual * % of Budget Actual* Prior Year101 General Fund434100 General Fines $ 700 $ 700 $ ‐ $ 369 52.71% 18,170 $ ‐97.97% 434105 Motor Vehicle Fines 45,000 45,000 6,100 19,764 43.92% 20,777 ‐4.88% 434110 Parking Citations 225,000 225,000 17,645 100,937 44.86% 148,321 ‐31.95% 434115 DMV Parking Collections 71,000 71,000 6,475 36,228 51.03% 32,721 10.72% 434120 Administrative Citations 10,000 10,000 ‐ 4,589 45.89% 3,700 24.03% FINES AND FORFEITURES ‐ TOTAL $ 351,700 $ 351,700 $ 30,220 $ 161,887 46.03% 223,689 $ ‐27.63%

FINES AND FORFEITURES
January 2023 General Fund Revenues (58% of year)
FY 2022/23
* = Actual data is reported through January.

ATTACHMENT A

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FY 2022/23 FY 2022/23 % Change
Adopted Amended Activity During Year To Date FY 2021/22 From Acct. No. Description Budget Budget January Actual * % of Budget Actual* Prior Year 101 General Fund435100 Interest Earned $ 217,000 $ 217,000 $ ‐ $ 295,448 136.15% 71,192 $ ‐315.00%435110 Unrealized Gains (Losses) ‐ ‐ 265,518 93,881 ** (250,345) 137.50% 435200 Interest on Loan to Landscape District Fund 11,020 ‐ 11,020 5,760 52.27% 10,882 47.07% 436125 Indoor Facility Rental 55,000 55,000 6,410 87,467 159.03% 18,569 ‐371.04% 436127 Picnic Shelters 16,450 16,450 2,055 16,128 98.04% ‐ 12,745 26.54%436135 Pac Bell Mobile Svcs‐Rent 21,885 21,885 3,764 14,774 67.51% ‐ 12,297 20.14% USE OF MONEY AND PROPERTY ‐ TOTAL $ 321,355 $ 321,355 $ 278,947 $ 514,658 160.15% (124,660) $ 512.85%

USE OF MONEY AND PROPERTY
January 2023 General Fund Revenues (58% of year)
FY 2022/23
* = Actual data is reported through January.

ATTACHMENT A

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FY 2022/23 FY 2022/23 % Change
Adopted Amended Activity During Year To Date FY 2021/22 From Acct. No. Description Budget Budget January Actual * % of Budget Actual* Prior Year 101 General Fund437100 Sale Of Publications $ ‐ $ ‐ $ 80 $ 23 ** $ 121 ‐80.99% 437105 Firework Services 475 475 ‐ ‐ 0.00% ‐ ** 437110 Candidate Statements ‐ ‐ ‐ 1,508 ** ‐ 100.00%437125 Donations ‐ 3,000 ‐ 3,000 100.00% 800 275.00% 437135 Expense Reimbursement ‐ ‐ 3,885 3,954 ** 39,292 ‐89.94% 437137 Loan Repayment from Landscape Maintenance District 133,460 133,460 ‐ ‐ 0.00% ‐ ** 437195 Other Revenue 30,000 30,000 52 4,690 15.63% ‐ 7,565 38.00% MISCELLANEOUS REVENUE ‐ TOTAL $ 163,935 $ 166,935 $ 4,017 $ 13,175 7.89% $ ‐ 47,778 72.42%

MISCELLANEOUS REVENUE
January 2023 General Fund Revenues (58% of year)
FY 2022/23
* = Actual data is reported through January.

ATTACHMENT A

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FY 2022/23 FY 2022/23 % Change
Adopted Amended Activity During Year To Date FY 2021/22 From Acct. No. Description Budget Budget January Actual * % of Budget Actual* Prior Year 101 General Fund November
439211 Transfer From Gas Tax Fund $ 205,000 $ 205,000 $ 17,083 $ 119,583 58.33% 119,583 $ 0.00% 439223 Transfer From Protective Services Fund 382,000 382,000 21,525 227,177 59.47% 217,697 4.35% 439242 Transfer Fr Supp Law Enf Grant 150,000 150,000 12,500 87,500 58.33% 87,500 0.00%439285 Transfer From Housing Authority ‐ ‐ ‐ ‐ ** ‐ 890,000 100.00% TRANSFERS IN ‐ TOTAL $ 737,000 $ 737,000 $ 51,108 $ 434,260 58.92% 1,314,780 $ ‐66.97%

TRANSFERS IN
January 2023 General Fund Revenues (58% of year)
FY 2022/23
* = Actual data is reported through January.

ATTACHMENT A

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Division
No. Description
FY 2022/23
Adopted
Budget
FY 2022/23
Amended
Budget
Activity During
January
Year to Date
Actual *
Percent of
Budget
FY 2021/22
Actual*
1100 City Council $ 137,875 $ 136,015 $ 10,593 $ 69,098 50.80% $ ‐ 73,478 5.96% 1200 City Attorney 275,000 275,000 4,069 207,338 75.40% 138,534 49.67% 1300 City Manager 603,900 618,200 31,203 230,627 37.31% 274,691 ‐16.04% 1400 City Clerk 241,880 241,880 15,124 98,693 40.80% 101,926 ‐3.17% 1410 Personnel/Risk Management 207,435 208,535 16,444 110,036 52.77% 88,298 24.62% 1510 Information Technology 683,135 690,210 39,101 369,267 53.50% 304,643 21.21% Administration 2,149,225 2,169,840 116,534 1,085,059 50.01% 981,570 10.54% 1500 Finance 977,075 980,750 72,558 490,857 50.05% 458,100 7.15% 1600 Non‐Dept (excludes Transfers) 315,000 317,000 ‐ 69,285 21.86% 446 15434.75% Finance 1,292,075 1,297,750 72,558 560,142 43.16% 458,546 22.16% 1520 Emergency Preparedness 5,000 9,175 ‐ 1,480 16.13% ‐ 29,163 94.93% 2100 Law Enforcement 13,071,380 13,071,380 1,086,740 7,609,582 58.22% 7,130,744 6.72% 2200 Fire Protection 5,306,190 5,306,190 22,523 2,654,101 50.02% 2,587,332 2.58% 2230 Contractual Ambulance Svcs 2,500 2,500 ‐ 630 25.20% 200 215.00% 2300 Homeless Prevention ‐ 43,935 ‐ ‐ 0.00% ‐ **
2400 Animal Control Services 200,965 200,965 ‐ 64,827 32.26% ‐ 94,925 31.71% 2500 Public Safety‐Other 117,310 117,310 6,413 69,346 59.11% ‐ 72,963 4.96% 4300 Parking Control 246,585 246,585 25,527 128,383 52.06% 145,215 ‐11.59% 6200 Code Enforcement 637,030 637,030 49,101 333,215 52.31% 273,387 21.88% Public Safety 19,586,960 19,635,070 1,190,304 10,861,564 55.32% 10,333,929 5.11% 3000 Public Works Administration 560,850 560,850 40,621 310,670 55.39% 267,900 15.96% 3100 Engineering 258,665 272,550 32,947 140,407 51.52% 43,437 223.24% 3200 Public Facilities 816,040 812,840 47,958 496,379 61.07% 231,577 114.35% 3300 Crossing Guard 45,165 45,165 8,298 21,744 48.14% 18,534 17.32% 3400 Parks Maintenance 466,110 466,110 31,437 212,416 45.57% 211,039 0.65% 3500 Street Maintenance 508,135 508,135 61,909 219,629 43.22% 191,793 14.51% City of Stanton
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
% Change
from Prior
Year
* = Actual data is reported through January.

ATTACHMENT B

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Division
No. Description
FY 2022/23
Adopted
Budget
FY 2022/23
Amended
Budget
Activity During
January
Year to Date
Actual *
Percent of
Budget
FY 2021/22
Actual*
City of Stanton
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
% Change
from Prior
Year
3600 Storm Drains 129,860 130,360 58,248 75,382 57.83% 70,899 6.32% 6300 Graffiti Abatement 110,370 110,370 7,323 45,528 41.25% 22,950 98.38% Public Works 2,895,195 2,906,380 288,741 1,522,155 52.37% 1,058,129 43.85% 4000 Community Development Administration 308,915 308,915 2,148 170,036 55.04% 168,495 0.91% 4100 Planning 511,660 594,575 24,446 170,108 28.61% 276,104 ‐38.39% 4200 Building Regulation 524,990 524,990 1,150 25,303 4.82% 218,581 ‐88.42% 4400 Economic Development 37,800 37,800 ‐ 707 1.87% 570 24.04% Community Development 1,383,365 1,466,280 27,744 366,154 24.97% 663,750 ‐44.84% 5000 Public Information Office 143,875 133,660 9,370 60,097 44.96% ‐ 63,224 4.95% 5100 Community Services Administration 583,020 594,220 41,938 332,695 55.99% 349,763 ‐4.88% 5200 Community Center Operations 202,300 202,300 10,424 56,507 27.93% 45,838 23.28% 5300 Park Operations 238,925 238,925 18,134 143,650 60.12% 118,203 21.53% 5400 Senior Citizen Programs 67,360 67,360 7,003 36,482 54.16% 29,335 24.36% 5500 Recreation Programs 54,310 54,310 6,987 43,345 79.81% 32,725 32.45% Community Services 1,289,790 1,290,775 93,856 672,776 52.12% 639,088 5.27% Transfer to FACT Grant 46,470 46,470 ‐ 31,825 68.49% 7,125 346.67% Transfer to Senior Transportation Fund 11,045 11,045 566 4,596 41.61% 4,275 7.51% Transfer to SCP Maintenance 59,200 59,200 4,933 34,533 58.33% 23,998 43.90% Transfer to Capital Projects Fund 180,000 209,000 ‐ ‐ 0.00% ‐ ** Transfers to Other Funds 296,715 325,715 5,499 70,954 21.78% 35,398 100.45% TOTAL EXPENDITURES $ 28,893,325 $ 29,091,810 $ 1,795,236 $ 15,138,804 52.04% $ 14,170,410 6.83% * = Actual data is reported through January.

ATTACHMENT B

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Acct. No. Description % of Budget
FY 2021/22
Actual*
101 General Fund1100 City Council501105 Salaries‐Elected $ 52,200 $ 52,200 $ 4,023 $ 30,586 58.59% 30,123 $ 1.54% 502115 Unemployment Insurance 805 805 ‐               ‐ 0.00% ‐ ** 502120 Medicare/Fica 760 760 58 442 58.16% 437 1.14%
502130 Other Benefit Charges 750 750 61 371 49.47%                   ‐ 515 27.96% 602100 Special Dept Expense 10,000 10,000 862 4,377 43.77% 6,372                ‐31.31% 602110 Office Expense 2,000 2,000 132 631 31.55% 303 108.25% 602115 Postage ‐ ‐ ‐               ‐ ** ‐ 3 100.00%
607100 Membership/Dues 37,695 37,695 4,682 27,017 71.67% 27,732              ‐2.58%607110 Travel/Conference/Meetings 11,000 11,000 775 3,285 29.86% 5,073                ‐35.25% 612115 Liability Insurance Charge 2,665 2,665 ‐               2,389 89.64% 2,920                ‐18.18% 702100 Furniture‐Office 20,000 18,140 ‐               ‐ 0.00% ‐ **1100 City Council Total 137,875 136,015 10,593 69,098 50.80% 73,478              ‐5.96%1200 City Attorney608105 Professional Services 275,000 275,000 4,069 207,338 75.40% 138,534 49.67% 1200 City Attorney Total 275,000 275,000 4,069 207,338 75.40% 138,534 49.67% 1300 City Manager501110 Salaries‐Regular 373,615 383,750 18,316 126,127 32.87% 155,985 ‐19.14% 501115 Salaries‐Overtime ‐ ‐ ‐               9 **                   ‐ 141 93.62% 502100 Retirement 85,485 90,235 4,967 34,162 37.86% 38,767              ‐11.88%502105 Workers Comp Insurance 5,215 5,600 337 2,321 41.45% 3,089                ‐24.86% 502110 Health/Life Insurance 42,460 42,460 2,049 12,147 28.61% 19,321              ‐37.13% 502111 Medical In‐Lieu Pay ‐ ‐ 4 157 **                   ‐ 425 63.06% 502115 Unemployment Insurance 360 360 187 324 90.00% 352 ‐7.95% 502120 Medicare/Fica 4,945 5,075 257 1,764 34.76% 2,244                ‐21.39% Administration ‐ Vazquez
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2022/23
Adopted
Budget
FY 2022/23
% Change
From Prior
Year
* = Actual data is reported through January.

ATTACHMENT B

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Acct. No. Description % of Budget
FY 2021/22
Actual*
Administration ‐ Vazquez
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2022/23
Adopted
Budget
FY 2022/23
% Change
From Prior
Year
1300 City Manager, Continued
502130 Other Benefit Charges 2,245 2,245 161 1,110 49.44% 1,373                ‐19.16% 602110 Office Expense 10,700 10,700 102 1,898 17.74% 2,308                ‐17.76% 602115 Postage 250 250 26 55 22.00% 2 2650.00%
602120 Books/Periodicals 150 150 ‐               ‐ 0.00% ‐ ** 607100 Membership/Dues 1,000 1,000 ‐               432 43.20%                   ‐ 926 53.35% 607110 Travel/Conference/Meetings 5,600 4,500 625 1,361 30.24% 1,865                ‐27.02% 608105 Professional Services 48,000 48,000 4,000 28,000 58.33% 24,000 16.67% 612105 Vehicle Replacement Charge 2,060 2,060 172 1,202 58.35% 408 194.61% 612115 Liability Insurance Charge 21,815 21,815 ‐               19,558 89.65% 23,485              ‐16.72% 1300 City Manager Total 603,900 618,200 31,203 230,627 37.31% 274,691 ‐16.04%1400 City Clerk501110 Salaries‐Regular 119,885 119,885 8,881 65,256 54.43% 58,101 12.31% 501115 Salaries‐Overtime ‐ ‐ ‐               45 **                   ‐ 211 78.67% 502100 Retirement 38,960 38,960 3,119 22,366 57.41% 19,557 14.36%502105 Workers Comp Insurance 1,780 1,780 163 1,201 67.47% 1,150 4.43% 502110 Health/Life Insurance 18,610 18,610 1,667 10,422 56.00% 9,988 4.35% 502111 Medical In‐Lieu Pay ‐ ‐ 5 11 ** ‐ 100.00%
502115 Unemployment Insurance 175 175 150 150 85.71%                   ‐ 161 6.83% 502120 Medicare/Fica 1,670 1,670 124 915 54.79% 813 12.55% 502130 Other Benefit Charges 985 985 78 574 58.27% 511 12.33% 602110 Office Expense 2,250 2,250 451 1,052 46.76% 1,515                ‐30.56% 602115 Postage 500 500 45 249 49.80%                   ‐ 268 7.09% 602120 Books/Periodicals 100 100 72 72 72.00% ‐ 100.00% 607100 Membership/Dues 1,130 1,130 ‐               415 36.73% 415 0.00% 607110 Travel/Conference/Meetings 750 750 ‐               ‐ 0.00% ‐ ** * = Actual data is reported through January.

ATTACHMENT B

Page 4 of 25 ends

Acct. No. Description % of Budget
FY 2021/22
Actual*
Administration ‐ Vazquez
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2022/23
Adopted
Budget
FY 2022/23
% Change
From Prior
Year
1400 City Clerk, Continued
607115 Training 2,500 ‐ 2,500 16 0.64% ‐ 70 77.14% 608105 Professional Services 6,000 6,000 325 ‐ (9,788) 163.13% 1,981 ‐594.09% 608140 Elections 40,000 40,000 ‐ ‐ 0.00% ‐ 820 100.00% 612105 Vehicle Replacement Charge 530 530 44 309 58.30% ‐ 338 8.58% 612115 Liability Insurance Charge 6,055 6,055 ‐ 5,428 89.64% 6,027 ‐9.94%1400 City Clerk Total 241,880 241,880 15,124 98,693 40.80% 101,926 ‐3.17% 1510 Information Technology
501110 Salaries‐Regular 87,950 87,950 6,921 49,264 56.01% 44,843 9.86% 501115 Salaries‐Overtime 10,000 10,000 2,117 10,056 100.56% 3,034 231.44% 502100 Retirement Charges 28,020 28,020 2,431 16,951 60.50% 14,330 18.29% 502105 Workers Comp Insurance 1,250 1,250 127 931 74.48% 888 4.84% 502110 Health/Life Insurance 15,740 15,740 1,413 8,804 55.93% 8,400 4.81% 502115 Unemployment Insurance 160 160 150 150 93.75% 140 7.14% 502120 Medicare/Fica 1,230 1,230 120 800 65.04% 637 25.59% 502130 Other Benefit Charges 805 805 61 445 55.28% 395 12.66% 602140 Materials & Supplies 30,000 13,000 457 4,198 32.29% 5,112 ‐17.88% 603105 Equipment Maintenance 50,000 92,342 10,659 39,897 43.21% 11,340 251.83% 604100 Communications 125,900 125,900 9,340 55,012 43.69% 42,909 28.21% 608100 Contractual Services 284,750 286,610 4,842 158,330 55.24% 167,081 ‐5.24% 612105 Vehicle Replacement Charge 5,555 5,555 463 3,240 58.33% ‐ 100.00%612115 Liability Insurance Charge 4,435 4,435 ‐ 3,976 89.65% 4,416 ‐9.96%701050 Computer Software 37,340 17,213 ‐ 17,213 100.00% 1,118 1439.62% 1510 Information Technology Total 683,135 690,210 39,101 369,267 53.50% 304,643 21.21% TOTAL ADMINISTRATION‐VAZQUEZ $ 1,941,790 $ 1,961,305 $ 100,090 $ 975,023 49.71% 893,272 $ 9.15% * = Actual data is reported through January.

ATTACHMENT B

Page 5 of 25 ends

Acct. No. Description
101 General Fund
1410 Personnel/Risk Management
501110 Salaries‐Regular $ 112,130 $ 112,130 $ 8,044 $ 59,788 53.32% 47,205 $ 26.66% 501115 Salaries‐Overtime ‐ ‐ ‐ ‐ ** ‐ 244 100.00% 502100 Retirement 24,615 24,615 1,989 14,483 58.84% 11,032 31.28% 502105 Workers Comp Insurance 1,600 1,600 148 1,100 68.75% 935 17.65% 502110 Health/Life Insurance 15,740 15,740 1,426 8,846 56.20% 7,571 16.84%502111 Medical In‐Lieu Pay ‐ ‐ ‐ ‐ ** ‐ 500 100.00%502115 Unemployment Insurance 160 160 146 146 91.25% 159 ‐8.18% 502120 Medicare/FICA 1,550 1,550 112 839 54.13% 685 22.48% 502130 Other Benefit Charges 965 965 71 526 54.51% 415 26.75%602110 Office Expense 1,400 1,400 105 768 54.86% 33 2227.27% 602115 Postage 200 200 6 90 45.00% 86 4.65%607100 Membership/Dues 725 725 ‐ 400 55.17% 425 ‐5.88% 607110 Travel/Conference/Meetings 2,000 2,000 ‐ ‐ 0.00% ‐ ** 607115 Training 6,000 4,760 ‐ 308 6.47% (140) ‐320.00% 607120 Education Reimbursement Program 10,000 10,000 1,875 3,125 31.25% 625 400.00% 608105 Professional Services 10,000 10,000 560 7,077 70.77% 5,854 20.89% 608125 Advertising/ Business Dev't 2,200 2,200 75 725 32.95% 2,117 ‐65.75% 609125 Employee/Volunteer Recognition 12,000 12,000 1,846 6,456 53.80% 5,203 24.08%612105 Vehicle Replacement Charge 495 495 41 289 58.38% 356 ‐18.82% 612115 Liability Insurance Charge 5,655 5,655 ‐ 5,070 89.66% 4,993 1.54% 701105 Equipment‐General ‐ 2,340 ‐ ‐ 0.00% ‐ **
TOTAL ADMINISTRATION‐GUZMAN $ 207,435 $ 208,535 $ 16,444 $ 110,036 52.77% 88,298 $ 24.62% Administration ‐ Guzman
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During January
Year to Date
Actual *
FY 2021/22
% of Budget Actual*
FY 2022/23
Adopted
Budget
FY 2022/23
% Change
From Prior
Year
* = Actual data is reported through January.

ATTACHMENT B

Page 6 of 25 ends

Acct. No. Description % of Budget
FY 2021/22
Actual*
101 General Fund1500 Finance501110 Salaries‐Regular $ 510,195 $ 495,195 $ 35,190 $ 252,809 51.05% 244,440 $ 3.42% 501115 Salaries‐Overtime 500 500 ‐ 385 77.00% 116 231.90% 501120 Salaries‐Part Time 69,350 64,350 4,068 26,002 40.41% 25,477 2.06% 502100 Retirement 130,660 130,660 9,398 68,197 52.19% 65,373 4.32% 502105 Workers Comp Insurance 8,470 8,470 722 5,131 60.58% ‐ 5,344 3.99% 502110 Health/Life Insurance 49,700 49,700 4,406 27,194 54.72% 26,122 4.10% 502111 Medical In‐Lieu Pay 4,350 4,350 454 2,183 50.18% ‐ 3,535 38.25% 502115 Unemployment Insurance 1,200 1,200 660 959 79.92% 774 23.90%502120 Medicare/FICA 8,040 8,040 485 3,438 42.76% 3,371 1.99% 502130 Other Benefit Charges 4,875 4,875 312 2,238 45.91% 2,164 3.42% 602110 Office Expense 8,000 5,925 5 906 15.29% 568 59.51%602115 Postage 5,000 5,000 650 1,379 27.58% ‐ 2,263 39.06% 602120 Books/Periodicals 450 150 ‐ 65 43.33% 38 71.05%607100 Membership/Dues 795 845 250 845 100.00% 302 179.80% 607110 Travel/Conference/Meetings 4,500 4,500 8,977 1,245 27.67% ‐ 1,953 36.25% 607115 Training 1,700 2,025 ‐ 1,824 90.07% 410 344.88%608105 Professional Services 107,500 113,175 3,971 43,277 38.24% 41,092 5.32% 608107 Financial Services 17,600 17,600 2,264 10,103 57.40% 5,802 74.13%608130 Temporary Help ‐ 20,000 ‐ 10,547 52.74% ‐ 100.00% 611116 Payment to Other Agencies 1,900 1,900 487 537 28.26% 587 ‐8.52% 612105 Vehicle Replacement Charge 3,105 3,105 259 1,811 58.33% 712 154.35% 612115 Liability Insurance Charge 32,885 ‐ 32,885 29,482 89.65% 27,657 6.60% 1500 Finance Total 970,775 974,450 72,558 490,557 50.34% 458,100 7.09% Finance‐Bannigan
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During
January
Year to Date
Actual *
% Change
From Prior
Year
FY 2022/23
Adopted
Budget
FY 2022/23
* = Actual data is reported through January.

ATTACHMENT B

Page 7 of 25 ends

Acct. No. Description % of Budget
FY 2021/22
Actual*
Finance‐Bannigan
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During
January
Year to Date
Actual *
% Change
From Prior
Year
FY 2022/23
Adopted
Budget
FY 2022/23
1600 Non‐Departmental602100 Special Dept Expense ‐ ‐ 2,000 1,105 55.25% 446 147.76% 610235 Economic Development Loan Repayment 125,000 125,000 ‐ 68,180 54.54% ‐ 100.00%611105 Revenue Sharing‐City of Anaheim 40,000 40,000 ‐ ‐ 0.00% ‐ ** 1600 Non‐Departmental Total 165,000 167,000 ‐ 69,285 41.49% 446 15434.75% 101 GENERAL FUND TOTAL $ 1,135,775 $ 1,141,450 $ 72,558 $ 559,842 49.05% 458,546 $ 22.09% 102 General Fund (Transactions & Use Tax)
1500 Finance
608105 Professional Services 6,300 6,300 ‐ 300 4.76% ‐ 100.00% 1500 Finance Total 6,300 6,300 ‐ 300 4.76% ‐ 100.00%1600 Non‐Departmental610235 Economic Development Loan Repayment 150,000 150,000 ‐ ‐ 0.00% ‐ ** 1600 Non‐Departmental Total 150,000 150,000 ‐ ‐ 0.00% ‐ ** 102 TRANSACTIONS AND USE TAX TOTAL $ 156,300 $ 156,300 $ ‐ $ 300 0.19% $ ‐ 100.00% TOTAL FINANCE $ 1,292,075 $ 1,297,750 $ 72,558 $ 560,142 43.16% 458,546 $ 22.16% * = Actual data is reported through January.

ATTACHMENT B

Page 8 of 25 ends

Acct. No. Description % of Budget
101 General Fund
1520 Emergency Services602140 Materials & Supplies $ 5,000 $ 5,000 $ ‐ $ ‐ 0.00% $ ‐ 55 100.00% 608105 Professional Services ‐ 4,175 ‐ 1,480 35.45% ‐ 29,108 94.92% 1520 Emergency Services 5,000 9,175 ‐ 1,480 16.13% ‐ 29,163 94.93% 2100 Law Enforcement602100 Special Dept Expense 1,500 3,000 876 2,875 95.83% ‐ 100.00% 602110 Office Expense 4,000 4,000 269 1,993 49.83% 1,170 70.34% 602145 Gas/Oil/Lube 3,000 1,500 210 591 39.40% 323 82.97% 604100 Communications 39,100 39,100 70 17,908 45.80% 14,716 21.69% 608100 Contractual Services 18,155 18,155 1,513 10,591 58.34% ‐ 10,703 1.05% 608160 O.C.S.D. Contract 9,151,370 9,151,370 762,614 5,327,309 58.21% 5,001,518 6.51% 612105 Vehicle Replacement Charge 5,555 5,555 463 3,240 58.33% ‐ 5,075 36.16% 2100 Law Enforcement Total 9,222,680 9,222,680 766,015 5,364,507 58.17% 5,033,505 6.58% 2200 Fire Protection602100 Special Department Expense 43,000 43,000 22,523 22,523 52.38% 20,557 9.56% 608185 O.C.F.A. Contract 3,463,190 3,463,190 ‐ 1,725,141 49.81% 1,855,286 ‐7.01% 2200 Fire Protection Total 3,506,190 3,506,190 22,523 1,747,664 49.85% 1,875,843 ‐6.83% 2230 Ambulance Services608190 Contractual Ambulance Svcs 2,500 2,500 ‐ 630 25.20% 200 215.00% 2230 Ambulance Services Total 2,500 2,500 ‐ 630 25.20% 200 215.00% 2300 Homeless Prevention610230 North SPA Navigation Center Cost Share ‐ ‐ 43,935 ‐ 0.00% ‐ ** 2300 Homeless Total ‐ 43,935 ‐ ‐ 0.00% ‐ ** 2400 Animal Control Services608170 Animal Control Services 200,965 200,965 ‐ 64,827 32.26% ‐ 94,925 31.71% 2400 Animal Control Services Total 200,965 200,965 ‐ 64,827 32.26% ‐ 94,925 31.71% % Change
From Prior
Year
FY 2021/22
Actual*
Public Safety‐Wren
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2022/23
Adopted
Budget
FY 2022/23
* = Actual data is reported through January.

ATTACHMENT B

Page 9 of 25 ends

Acct. No. Description % of Budget
% Change
From Prior
Year
FY 2021/22
Actual*
Public Safety‐Wren
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2022/23
Adopted
Budget
FY 2022/23
2500 Public Safety‐Other501110 Salaries‐Regular 66,015 66,015 4,584 32,017 48.50% 33,209                 ‐3.59% 502100 Retirement Charges 14,530 14,530 1,174 8,208 56.49% 6,906 18.85% 502105 Workers Comp Insurance 895 895 84 589 65.81% 566 4.06% 502110 Health/Life Insurance 45 45 35 229 508.89% 227 0.88% 502111 Medical In‐Lieu Pay 2,100 2,100 175 1,138 54.19% 1,138 0.00% 502115 Unemployment Insurance 55 55 56 56 101.82% 56 0.00% 502120 Medicare/FICA 890 890 69 481 54.04% 431 11.60%
502130 Other Benefit Charges 385 385 40 282 73.25% 251 12.35% 602100 Special Department Expense ‐ ‐ ‐                 37 ** 100 ‐63.00% 602110 Office Expense 1,200 1,200 54 629 52.42% 372 69.09% 602115 Postage 250 250 ‐                 ‐                  0.00% ‐ 1 100.00% 602130 Clothing 4,500 4,500 142 2,117 47.04% ‐ 100.00%
602135 Safety Equipment ‐ ‐ ‐                 ‐                  ** 876 ‐100.00% 602140 Materials & Supplies ‐ ‐ ‐                 ‐                  ** 64 ‐100.00%607115 Training 700 700 ‐                 ‐                  0.00% ‐ ** 608100 Contractual Services 4,680 4,680 ‐ 4,678 99.96% 4,678 0.00%612115 Liability Insurance Charge 21,065 21,065 ‐                 18,885 89.65%                 ‐ 24,088 21.60% 2500 Public Safety‐Other Total 117,310 117,310 6,413 69,346 59.11%                 ‐ 72,963 4.96% 4300 Parking Control501110 Salaries‐Regular 131,575 131,575 15,932 73,004 55.48%                 ‐ 75,394 3.17% 502115 Salaries‐Overtime 100 100 ‐                 50 50.00% 33 51.52% 501120 Salaries‐Part Time 14,250 14,250 1,123 7,747 54.36% 7,474 3.65% 502100 Retirement 40,415 40,415 4,264 23,003 56.92% 22,609 1.74% 502105 Workers Comp Insurance 2,135 2,135 314 1,509 70.68% 1,641 ‐8.04% 502110 Health/Life Insurance 7,980 7,980 728 4,527 56.73%                   ‐ 7,176 36.91% 502111 Medical In‐Lieu Pay 4,140 4,140 343 2,241 54.13%                   ‐ 2,378 5.76% * = Actual data is reported through January.

ATTACHMENT B

Page 10 of 25 ends

Acct. No. Description % of Budget
% Change
From Prior
Year
FY 2021/22
Actual*
Public Safety‐Wren
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2022/23
Adopted
Budget
FY 2022/23
4300 Parking Control, Continued
502115 Unemployment Insurance 300 300 218 218 72.67% ‐ 258 15.50% 502120 Medicare/FICA 2,075 2,075 250 1,192 57.45% ‐ 1,224 2.61% 502130 Other Benefit Charges 1,290 1,290 141 647 50.16% ‐ 667 3.00% 602110 Office Expense 4,500 4,500 ‐ 7 0.16% ‐ 5,302 99.87% 602115 Postage 500 500 8 100 20.00% ‐ 130 23.08% 602130 Clothing ‐ ‐ ‐ ‐ ** ‐ 129 100.00% 604100 Communications 660 660 111 256 38.79% 255 0.39%
608105 Professional Services 30,000 30,000 1,540 9,994 33.31% ‐ 16,403 39.07% 612105 Vehicle Replacement Charge 6,665 6,665 555 3,888 58.33% ‐ 4,142 6.13% 4300 Parking Control Total 246,585 246,585 25,527 128,383 52.06% 145,215 ‐11.59% 6200 Code Enforcement501110 Salaries‐Regular 406,370 406,370 31,151 211,436 52.03% 173,292 22.01% 502115 Salaries‐Overtime 100 100 ‐ 478 478.00% 14 3314.29%501120 Salaries‐Part Time 14,250 14,250 1,123 7,747 54.36% 7,474 3.65% 502100 Retirement 107,805 107,805 8,804 60,060 55.71% 48,735 23.24% 502105 Workers Comp Insurance 6,150 6,150 594 4,033 65.58% 3,579 12.69% 502110 Health/Life Insurance 46,385 46,385 3,380 22,841 49.24% 22,895 ‐0.24% 502111 Medical In‐Lieu Pay 4,560 4,560 381 2,474 54.25% ‐ 2,535 2.41% 502115 Unemployment Insurance 775 775 553 553 71.35% 537.000 2.98% 502120 Medicare/FICA 5,865 5,865 471 3,183 54.27% 2,605 22.19% 502130 Other Benefit Charges 3,590 3,590 275 1,865 51.95% 1,529 21.98% 602110 Office Expense 1,500 1,500 ‐ 1,761 117.40% ‐ 100.00% 602115 Postage 1,000 1,000 145 313 31.30% ‐ 336 6.85% 602160 Code Enforcement Equipment 6,000 6,000 ‐ ‐ 0.00% 108 ‐100.00% 603105 Equipment Maintenance 1,000 1,000 ‐ ‐ 0.00% ‐ ** 607100 Membership/Dues 570 570 ‐ 500 87.72% 380 31.58%
* = Actual data is reported through January.

ATTACHMENT B

Page 11 of 25 ends

ATTACHMENT B

Page 12 of 25 ends

Acct. No. Description % of Budget
FY 2021/22
Actual*
101 General Fund
3000 Public Works Administration501110 Salaries‐Regular $ 362,485 $ 362,485 $ 26,112 $ 186,926 51.57% 148,156 $ 26.17% 501120 Salaries‐Part Time 20,430 20,430 1,238 8,198 40.13% 8,716 ‐5.94% 502100 Retirement Charges 82,100 82,100 6,682 46,317 56.42% 35,814 29.33% 502105 Workers Comp Insurance 5,455 5,455 503 3,536 64.82% 3,106 13.84% 502110 Health/Life Insurance 30,250 30,250 4,312 24,288 80.29% 15,858 53.16% 502111 Medical In‐Lieu Pay 6,000 6,000 ‐ 875 14.58% 2,850 ‐69.30% 502115 Unemployment Insurance 645 645 423 744 115.35% 667 11.54%502120 Medicare/FICA 5,260 5,260 386 2,781 52.87% 2,273 22.35% 502130 Other Benefit Charges 2,945 2,945 230 1,648 55.96% 1,308 25.99%602110 Office Expense 2,000 2,000 220 472 23.60% ‐ 100.00% 602115 Postage 100 100 2 121 121.00% 1 12000.00%
602120 Books/Periodicals 200 200 ‐ ‐ 0.00% ‐ **607100 Membership/Dues 750 1,135 50 50 4.41% ‐ **607110 Travel/Conference/Meetings 1,300 1,300 ‐ 656 50.46% ‐ 100.00% 607115 Training 1,000 615 ‐ ‐ 0.00% ‐ ** 608130 Temporary Staffing ‐ ‐ ‐ ‐ ** ‐ 16,480 100.00% 612105 Vehicle Replacement Charge 5,555 5,555 463 3,240 58.33% ‐ 100.00% 612115 Liability Insurance Charge 34,375 34,375 ‐ 30,818 89.65% 32,671 ‐5.67% 3000 Public Works Administration Total 560,850 560,850 40,621 310,670 55.39% 267,900 15.96% 3100 Engineering501110 Salaries‐Regular 58,380 58,380 5,255 34,517 59.12% 17,764 94.31% 501115 Salaries‐Overtime 300 10,300 768 10,253 99.54% ‐ 100.00% 502100 Retirement 13,730 13,730 1,316 8,777 63.93% 3,557 146.75% 502105 Workers Comp Insurance 885 885 97 651 73.56% 352 84.94% % Change
From Prior
Year
Public Works‐Rangel
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2022/23
Adopted
Budget
FY 2022/23
* = Actual data is reported through January.

ATTACHMENT B

Page 13 of 25 ends

Acct. No. Description % of Budget
FY 2021/22
Actual*
% Change
From Prior
Year
Public Works‐Rangel
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2022/23
Adopted
Budget
FY 2022/23
3100 Engineering, Continued502110 Health/Life Insurance 8,240 8,240 725 4,367 53.00% 1,640 166.28% 502111 Medical In‐Lieu Pay ‐ ‐ 11 113 ** ‐ 100.00%502115 Unemployment Insurance 105 105 112 112 106.67% ‐ 138 18.84% 502120 Medicare/FICA 835 835 87 649 77.72% 253 156.52%
502130 Other Benefit Charges 535 535 46 311 58.13% 156 99.36%602110 Office Expense ‐ ‐ ‐ ‐ ** ‐ 76 100.00% 602115 Postage ‐ ‐ ‐ ‐ ** ‐ 14 100.00% 602120 Books/Periodicals ‐ ‐ ‐ 159 ** ‐ 100.00%602130 Clothing ‐ ‐ ‐ 54 ** ‐ 100.00% 602140 Materials & Supplies 2,500 2,500 ‐ ‐ 0.00% ‐ 634 100.00% 607100 Membership/Dues 950 950 ‐ ‐ 0.00% ‐ 900 100.00% 607110 Travel/Conference/Meetings ‐ ‐ ‐ ‐ ** ‐ 21 100.00% 608110 Engineering Services 129,240 133,125 23,975 76,556 57.51% 15,987 378.86% 608115 Inspection Services ‐ 15,000 ‐ ‐ 0.00% ‐ ** 608120 Plan Checking Services 33,300 18,300 ‐ ‐ 0.00% 1,548 ‐100.00% 608135 Microfilming 3,000 3,000 ‐ ‐ 0.00% ‐ ** 612105 Vehicle Replacement Charge 6,665 6,665 555 3,888 58.33% 397 879.35% 3100 Engineering Total 258,665 272,550 32,947 140,407 51.52% 43,437 223.24% 3200 Public Facilities
501110 Salaries‐Regular 23,510 23,510 3,183 39,361 167.42% 34,353 14.58% 501115 Salaries‐Overtime 2,000 2,000 232 947 47.35% 491 92.87% 502100 Retirement 5,310 5,310 786 9,751 183.63% 8,015 21.66%502105 Workers Comp Insurance 345 345 59 727 210.72% 680 6.91%502110 Health/Life Insurance 4,790 4,790 530 5,015 104.70% 4,556 10.07%502115 Unemployment Insurance 80 80 70 70 87.50% ‐ 150 53.33% * = Actual data is reported through January.

ATTACHMENT B

Page 14 of 25 ends

Acct. No. Description % of Budget
FY 2021/22
Actual*
% Change
From Prior
Year
Public Works‐Rangel
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2022/23
Adopted
Budget
FY 2022/23
3200 Public Facilities, Continued
502120 Medicare/FICA 330 330 50 584 176.97% 505 15.64%
502130 Other Benefit Charges 220 220 28 348 158.18% 302 15.23%602100 Special Dept Expense 7,885 7,885 ‐ 1,113 14.12% 651 70.97% 602110 Office Expense 1,100 1,100 ‐ 138 12.55% ‐ 100.00% 602130 Clothing 5,625 5,625 549 2,430 43.20% 1,775 36.90% 602135 Safety Equipment 500 500 ‐ 129 25.80% ‐ 100.00% 602140 Materials & Supplies 8,000 8,000 1,269 3,996 49.95% 2,094 90.83% 603105 Equipment Maintenance ‐ 18,870 ‐ 18,868 99.99% ‐ 100.00% 603110 Building Maintenance 129,740 126,945 11,959 55,984 44.10% 38,410 45.75% 604100 Communications 40,000 40,000 603 3,460 8.65% 2,817 22.83% 604105 Utilities 170,000 170,000 13,182 102,354 60.21% 85,152 20.20% 608100 Contractual Services 165,800 162,600 12,449 82,323 50.63% 35,506 131.86% 611110 O.C. Sanitation District User Fee 14,700 14,700 ‐ 13,801 93.88% 13,985 ‐1.32%612105 Vehicle Replacement Charge 36,105 36,105 3,009 21,061 58.33% 2,135 886.46% 701105 Equipment‐General 200,000 169,060 ‐ 119,057 70.42% ‐ 100.00% 704100 Equipment‐General ‐ 14,865 ‐ 14,862 99.98% ‐ 100.00% 3200 Public Facilities Total 816,040 812,840 47,958 496,379 61.07% 231,577 114.35% 3300 Crossing Guard608175 Crossing Guard Services 45,165 45,165 8,298 21,744 48.14% 18,534 17.32%3300 Crossing Guard Total 45,165 45,165 8,298 21,744 48.14% 18,534 17.32% 3400 Parks Maintenance501110 Salaries‐Regular 85,165 85,165 5,053 41,505 48.73% 39,887 4.06% 501115 Salaries‐Overtime 3,000 3,000 237 1,265 42.17% 1,882 ‐32.78% 502100 Retirement 18,700 18,700 1,245 10,269 54.91% 9,274 10.73% 502105 Workers Comp Insurance 1,220 1,220 93 769 63.03% ‐ 790 2.66% * = Actual data is reported through January.

ATTACHMENT B

Page 15 of 25 ends

Acct. No. Description % of Budget
FY 2021/22
Actual*
% Change
From Prior
Year
Public Works‐Rangel
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2022/23
Adopted
Budget
FY 2022/23
3400 Parks Maintenance, Continued502110 Health/Life Insurance 11,055 11,055 850 6,251 56.54% 6,511 ‐3.99% 502111 Medical In‐Lieu Pay 840 840 70 455 54.17% ‐ 472 3.60% 502115 Unemployment Insurance 220 220 112 112 50.91% ‐ 156 28.21% 502120 Medicare/Fica 1,160 1,160 78 627 54.05% 612 2.45% 502130 Other Benefit Charges 760 760 44 368 48.42% 351 4.84%602100 Special Dept Expense 7,000 7,000 162 2,687 38.39% 595 351.60% 603105 Equipment Maintenance 17,000 17,000 780 5,981 35.18% 8,180 ‐26.88% 604105 Utilities 180,000 180,000 16,239 96,273 53.49% 90,799 6.03% 605100 Land Lease 5,000 5,000 ‐ 2,661 53.22% 3,259 ‐18.35% 608100 Contractual Services 126,100 126,100 5,733 38,007 30.14% 45,672 ‐16.78%612105 Vehicle Replacement Charge 8,890 8,890 741 5,186 58.34% 2,599 99.54% 3400 Parks Maintenance Total 466,110 466,110 31,437 212,416 45.57% 211,039 0.65% 3500 Street Maintenance501110 Salaries‐Regular 114,550 114,550 5,935 40,098 35.00% 49,577 ‐19.12% 501115 Salaries‐Overtime 6,000 6,000 678 1,963 32.72% 2,697 ‐27.22% 502100 Retirement 26,235 26,235 1,460 9,938 37.88% 11,437 ‐13.11% 502105 Workers Comp Insurance 1,705 1,705 109 746 43.75% ‐ 982 24.03% 502110 Health/Life Insurance 14,455 14,455 875 5,907 40.86% 8,306 ‐28.88%502111 Medical In‐Lieu Pay 2,310 2,310 193 1,251 54.16% 1,299 ‐3.70% 502115 Unemployment Insurance 330 330 137 137 41.52% ‐ 209 34.45% 502120 Medicare/FICA 1,650 1,650 99 628 38.06% ‐ 776 19.07% 502130 Other Benefit Charges 1,070 1,070 52 357 33.36% ‐ 436 18.12% 602100 Special Dept Expense 3,000 3,000 ‐ ‐ 0.00% ‐ ** 602125 Small Tools 4,000 4,000 ‐ 60 1.50% ‐ 100.00% 602140 Materials & Supplies 65,000 65,000 6,199 20,522 31.57% 9,836 108.64% * = Actual data is reported through January.

ATTACHMENT B

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Acct. No. Description % of Budget
FY 2021/22
Actual*
% Change
From Prior
Year
Public Works‐Rangel
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2022/23
Adopted
Budget
FY 2022/23
3500 Street Maintenance, Continued603105 Equipment Maintenance 2,000 2,000 ‐ 137 6.85% ‐ 999 86.29% 608100 Contractual Services 195,000 195,000 14,099 100,397 51.49% 94,092 6.70% 612105 Vehicle Replacement Charge 10,830 10,830 903 6,318 58.34% 10,634 ‐40.59% 710190 Pavement Maintenance 60,000 60,000 31,170 31,170 51.95% 513 5976.02% 3500 Street Maintenance Total 508,135 508,135 61,909 219,629 43.22% 191,793 14.51% 3600 Storm Drain Maintenance603100 Emergency Maintenance Services 10,000 10,000 491 491 4.91% ‐ 100.00% 608100 Contractual Services ‐ 500 ‐ ‐ 0.00% ‐ ** 608155 Storm Water Monitor Program 119,860 119,860 57,757 74,891 62.48% 70,899 5.63% 3600 Storm Drain Maintenance Total 129,860 130,360 58,248 75,382 57.83% 70,899 6.32%6300 Graffiti Abatement501110 Salaries‐Regular 41,815 41,815 2,567 15,896 38.02% 4,215 277.13% 501115 Salaries‐Overtime 8,000 8,000 633 4,853 60.66% 869 458.46% 502100 Retirement Charges 9,410 9,410 632 4,038 42.91% 962 319.75% 502105 Workers Comp Insurance 615 615 47 305 49.59% 83 267.47% 502110 Health/Life Insurance 8,145 8,145 317 3,005 36.89% 1,041 188.66% 502115 Unemployment Insurance 135 135 66 66 48.89% 37 78.38% 502120 Medicare/FICA 585 585 46 301 51.45% 74 306.76%
502130 Other Benefit Charges 390 390 23 146 37.44% 37 294.59%602140 Materials & Supplies 25,000 25,000 2,136 10,924 43.70% 7,138 53.04% 603105 Equipment Maintenance 6,000 6,000 ‐ ‐ 0.00% ‐ 444 100.00% 612105 Vehicle Replacement Charge 10,275 10,275 856 5,994 58.34% 8,050 ‐25.54% 6300 Graffiti Abatement Total 110,370 110,370 7,323 45,528 41.25% 22,950 98.38% TOTAL PUBLIC WORKS $ 2,895,195 $ 2,906,380 $ 288,741 $ 1,522,155 52.37% 1,058,129 $ 43.85% * = Actual data is reported through January.

ATTACHMENT B

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Acct. No. Description
% of
Budget
FY 2021/22
Actual*
101 General Fund4000 Community Development Administration 501110 Salaries‐Regular $ 189,955 $ 189,955 $ 1,264 $ 89,728 47.24% 89,296 $ 0.48% 501115 Salaries‐Overtime ‐ ‐ ‐ 12 ** 176 ‐93.18% 502100 Retirement Charges 43,370 43,370 444 22,144 51.06% 21,214 4.38% 502105 Workers Comp Insurance 2,845 2,845 23 1,651 58.03% 1,768 ‐6.62% 502110 Health/Life Insurance 8,680 8,680 213 4,685 53.97% 7,264 ‐35.50% 502111 Medical In‐Lieu Pay ‐ ‐ 4 9 ** ‐ 100.00%
502115 Unemployment Insurance 225 225 26 26 11.56% 172.000 ‐84.88% 502120 Medicare/FICA 2,675 2,675 18 1,273 47.59% 1,272 0.08% 502130 Other Benefit Charges 1,260 1,260 11 790 62.70% 786 0.51% 602110 Office Expense 1,000 1,000 51 566 56.60% 777 ‐27.16% 602120 Books/Periodicals 1,200 1,200 14 14 1.17% 178 ‐92.13% 607100 Membership/Dues 1,600 1,600 ‐ ‐ 0.00% ‐ **607110 Travel/Conference/Meetings ‐ ‐ ‐ ‐ ** 22 ‐100.00% 607115 Training 1,200 1,200 ‐ ‐ 0.00% 289 ‐100.00% 612105 Vehicle Replacement Charge 965 965 80 563 58.34% ‐ 100.00% 612115 Liability Insurance Charge 53,940 53,940 ‐ 48,358 89.65% 45,281 6.80%702100 Office Furniture ‐ ‐ ‐ 217 ** ‐ 100.00% 4000 Community Development Administration Total 308,915 308,915 2,148 170,036 55.04% 168,495 0.91% 4100 Planning501110 Salaries‐Regular 302,790 289,170 16,214 100,097 34.62% 115,871 ‐13.61% 501115 Salaries‐Overtime 1,200 1,200 ‐ 160 13.33% 695 ‐76.98% 501125 Salaries‐Appointed 9,000 9,000 692 4,638 51.53% 5,192 ‐10.67% 502100 Retirement 72,645 69,380 4,008 24,756 35.68% 26,616 ‐6.99% 502105 Workers Comp Insurance 4,630 4,630 298 1,843 39.81% 2,294 ‐19.66% 502110 Health/Life Insurance 61,270 58,515 2,372 13,545 23.15% 13,603 ‐0.43% Community Development‐Shin‐Heydorn
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During January
Year to Date
Actual *
% Change
From Prior
Year
FY 2022/23
Adopted
Budget
FY 2022/23
* = Actual data is reported through January.

ATTACHMENT B

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Acct. No. Description
% of
Budget
FY 2021/22
Actual*
Community Development‐Shin‐Heydorn
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During January
Year to Date
Actual *
% Change
From Prior
Year
FY 2022/23
Adopted
Budget
FY 2022/23
4100 Planning, Continued502111 Medical In‐Lieu Pay ‐ ‐ ‐ 450 ** ‐ 100.00% 502115 Unemployment Insurance 770 770 318 455 59.09% 345 31.88% 502120 Medicare/FICA 4,475 4,275 245 1,516 35.46% 1,763 ‐14.01% 502130 Other Benefit Charges 3,510 3,350 143 881 26.30% 1,020 ‐13.63%602110 Office Expense ‐ ‐ ‐ 31 ** 49 ‐36.73% 602115 Postage 750 750 ‐ (151) ‐20.13% 195 ‐177.44% 602140 Materials & Supplies 1,000 1,000 ‐ 115 11.50% ‐ 100.00% 607100 Membership/Dues 2,500 2,500 ‐ ‐ 0.00% 721 ‐100.00% 607110 Travel/Conference/Meetings 8,200 8,200 ‐ 1,028 12.54% 114 801.75%607115 Training 3,050 3,050 ‐ ‐ 0.00% ‐ ** 608100 Contractual Services 4,000 4,000 ‐ ‐ 0.00% 1,706 ‐100.00% 608105 Professional Services 25,000 127,915 ‐ 19,653 15.36% 105,564 ‐81.38% 608135 Microfilming 5,000 5,000 ‐ ‐ 0.00% ‐ ** 612105 Vehicle Replacement Charge 1,870 1,870 156 1,091 58.34% 356 206.46% 4100 Planning Total 511,660 594,575 24,446 170,108 28.61% 276,104 ‐38.39%4200 Building Regulation 501110 Salaries‐Regular 260,695 139,830 ‐ 12,958 9.27% 26,070 ‐50.30% 502100 Retirement 62,630 33,170 ‐ 3,008 9.07% 6,093 ‐50.63% 502105 Workers Comp Insurance 3,970 2,120 ‐ 238 11.23% 516 ‐53.88% 502110 Health/Life Insurance 48,910 29,280 ‐ 1,852 6.33% 4,841 ‐61.74% 502111 Medical In‐Lieu Pay ‐ ‐ ‐ 66 ** 198 ‐66.67% 502115 Unemployment Insurance 485 325 ‐ ‐ 0.00% 195 ‐100.00% 502120 Medicare/FICA 3,730 1,995 ‐ 189 9.47% 381 ‐50.39%502130 Other Benefit Charges 2,310 1,270 ‐ 114 8.98% 229 ‐50.22% 602110 Office Expense 500 500 ‐ 8 1.60% 45 ‐82.22% 602115 Postage 700 700 ‐ 72 10.29% 13 453.85% * = Actual data is reported through January.

ATTACHMENT B

Page 19 of 25 ends

Acct. No. Description
% of
Budget
FY 2021/22
Actual*
Community Development‐Shin‐Heydorn
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During January
Year to Date
Actual *
% Change
From Prior
Year
FY 2022/23
Adopted
Budget
FY 2022/23
4200 Building Regulation, Continued602120 Books/Periodicals 1,000 1,000 ‐ ‐ 0.00% ‐ ** 607100 Membership/Dues 1,200 1,200 ‐ ‐ 0.00% ‐ ** 607110 Travel/Conference/Meetings 500 500 ‐ ‐ 0.00% ‐ ** 607115 Training 1,000 1,000 ‐ ‐ 0.00% ‐ ** 608115 Inspection Services 50,000 224,740 ‐ ‐ 0.00% 179,638 ‐100.00% 608120 Plan Checking Services 70,000 70,000 ‐ ‐ 0.00% ‐ ** 608135 Microfilming 4,000 4,000 ‐ ‐ 0.00% ‐ ** 611116 Payment to Other Agencies 2,250 2,250 224 317 14.09% 362 ‐12.43% 612105 Vehicle Replacement Charge 11,110 11,110 926 6,481 58.33% ‐ 100.00% 4200 Building Regulation Total 524,990 524,990 1,150 25,303 4.82% 218,581 ‐88.42% 4400 Economic Development
607100 Membership/Dues 2,000 2,000 ‐ 570 28.50% 570 0.00% 607110 Travel/Conference/Meetings ‐ ‐ ‐ 137 ** ‐ 100.00% 607115 Training 2,500 2,500 ‐ ‐ 0.00% ‐ **608100 Contractual Services 2,250 2,250 ‐ ‐ 0.00% ‐ **608145 Information Technology 18,750 18,750 ‐ ‐ 0.00% ‐ ** 609100 Special Events 12,300 12,300 ‐ ‐ 0.00% ‐ ** 4400 Economic Development 37,800 37,800 ‐ 707 1.87% 570 24.04% TOTAL COMMUNITY DEVELOPMENT $ 1,383,365 $ 1,466,280 $ 27,744 $ 366,154 24.97% 663,75 $ 0 ‐44.84% * = Actual data is reported through January.

ATTACHMENT B

Page 20 of 25 ends

Acct. No. Description % of Budget
101 General Fund5000 Public Information Office
501110 Salaries‐Regular 93,255 $ $ 86,465 $ 6,061 $ 41,333 47.80% 43,768 $ ‐5.56% 502100 Retirement Charges 22,025 20,400 1,498 10,218 50.09% 10,119 0.98% 502105 Workers Comp Insurance 1,400 1,400 112 761 54.36% 867 ‐12.23% 502110 Health/Life Insurance 22,065 20,440 277 1,729 8.46% 6,382 ‐72.91% 502111 Medical In‐Lieu Pay ‐ ‐ 350 2,275 ** ‐ 100.00% 502115 Unemployment Insurance 200 200 127 243 121.50% 172 41.28% 502120 Medicare/FICA 1,320 1,225 93 632 51.59% 634 ‐0.32% 502130 Other Benefit Charges 860 780 53 364 46.67% 385 ‐5.45% 602113 Social Media 2,750 2,750 799 2,542 92.44% 645 294.11% 607100 Membership/Dues ‐ ‐ ‐ ‐ ** 252 ‐100.00% 5000 Public Information Office 143,875 133,660 9,370 60,097 44.96% 63,224 ‐4.95% 5100 Community Services Administration501110 Salaries‐Regular 323,640 323,640 23,981 154,906 47.86% 143,505 7.94% 501120 Salaries‐Part Time ‐ ‐ 199 2,180 ** 2,171 0.41%
502100 Retirement 78,065 78,065 6,561 42,376 54.28% 37,488 13.04% 502105 Workers Comp Insurance 4,510 4,510 445 2,922 64.79% 2,884 1.32% 502110 Health/Life Insurance 26,980 26,980 2,507 14,797 54.84% 15,040 ‐1.62% 502111 Medical In‐Lieu Pay 6,000 6,000 500 3,063 51.05% 3,625 ‐15.50% 502115 Unemployment Insurance 445 445 377 377 84.72% 388 ‐2.84% 502120 Medicare/FICA 4,420 4,420 345 2,228 50.41% 2,063 8.00% 502130 Other Benefit Charges 2,430 2,430 211 1,365 56.17% 1,264 7.99% 602100 Special Dept Expense 9,700 12,900 1,198 6,125 47.48% 71,909 ‐91.48% 602110 Office Expense 3,185 3,185 431 2,386 74.91% 1,544 54.53% 602115 Postage 400 400 ‐ 489 122.25% 362 35.08% 603110 Building Maintenance 10,485 15,485 3,250 5,500 35.52% 1,125 388.89% Community Service ‐ Bobadilla
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2021/22
Actual*
FY 2022/23
Adopted
Budget
FY 2022/23
% Change
From Prior
Year
* = Actual data is reported through January.

ATTACHMENT B

Page 21 of 25 ends

Acct. No. Description % of Budget
Community Service ‐ Bobadilla
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2021/22
Actual*
FY 2022/23
Adopted
Budget
FY 2022/23
% Change
From Prior
Year
5100 Community Services Administration, Continued
607100 Membership/Dues 550 550 ‐               55 10.00% 892 ‐93.83% 607115 Training 6,150 6,150 ‐               4,409 71.69% 295 1394.58% 609100 Special Events 17,900 20,900 854 14,534 69.54% 9,939 46.23% 612105 Vehicle Replacement Charge 12,945 12,945 1,079 7,551 58.33% 4,576 65.01% 612115 Liability Insurance Charge 75,215 75,215 ‐               67,432 89.65% 50,693 33.02% 5100 Community Services Administration Total 583,020 594,220 41,938 332,695 55.99% 349,763 ‐4.88% 5200 Community Center Operations
501110 Salaries‐Regular 36,385 36,385 2,627 14,506 39.87% 14,371 0.94% 501115 Salaries‐Overtime ‐ ‐                 ‐               ‐ ** 164 ‐100.00% 501120 Salaries‐Part Time 115,220 115,220 4,264 25,664 22.27% 17,024 50.75% 502100 Retirement 17,560 17,560 948 5,431 30.93% 3,841 41.40%502105 Workers Comp Insurance 2,200 2,200 127 739 33.59% 622 18.81% 502110 Health/Life Insurance 4,785 4,785 436 2,418 50.53% 2,221 8.87% 502111 Medical In‐Lieu Pay 2,700 2,700 185 1,474 54.59% 1,625 ‐9.29% 502115 Unemployment Insurance 805 805 147 147 18.26% 145 1.38% 502120 Medicare/FICA 2,130 2,130 103 603 28.31% 481 25.36% 502130 Other Benefit Charges 1,925 1,925 25 140 7.27% 135 3.70% 602100 Special Dept Expense 4,000 4,000 286 2,642 66.05% 2,081 26.96% 602110 Office Expense 1,000 1,000 293 634 63.40% 451 40.58% 603110 Building Maintenance 6,695 6,695 950 1,879 28.07% 2,447 ‐23.21% 612105 Vehicle Replacement Charge 395 395 33 230 58.23% 230 0.00% 702100 Furniture‐Office 6,500 6,500 ‐               ‐ 0.00% ‐ **5200 Community Center Operations 202,300 202,300 10,424 56,507 27.93% 45,838 23.28% 5300 Park Operations
501110 Salaries‐Regular 77,735 77,735 5,757 40,230 51.75% 37,584 7.04% 501115 Salaries‐Overtime ‐ ‐                 54 1,142 ** 1,741 ‐34.41% * = Actual data is reported through January.

ATTACHMENT B

Page 22 of 25 ends

Acct. No. Description % of Budget
Community Service ‐ Bobadilla
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2021/22
Actual*
FY 2022/23
Adopted
Budget
FY 2022/23
% Change
From Prior
Year
5300 Park Operations, Continued
501120 Salaries‐Part Time 116,440 116,440 8,725 80,016 68.72% 58,264 37.33% 502100 Retirement 17,635 17,635 1,423 9,953 56.44% 8,783 13.32% 502105 Workers Comp Insurance 2,840 2,840 266 2,213 77.92% 1,898 16.60% 502110 Health/Life Insurance 9,575 9,575 876 5,479 57.22% 5,249 4.38%502111 Medical In‐Lieu Pay 1,200 1,200 255 1,384 115.33% 850 62.82% 502115 Unemployment Insurance 1,125 1,125 312 558 49.60% 970 ‐42.47% 502120 Medicare/FICA 2,720 2,720 215 1,779 65.40% 1,427 24.67% 502130 Other Benefit Charges 2,655 2,655 55 394 14.84% 360 9.44% 602100 Special Dept Expense 4,000 4,000 59 188 4.70% 992 ‐81.05% 602110 Office Expense 3,000 3,000 137 314 10.47% 85 269.41% 5300 Park Operations 238,925 238,925 18,134 143,650 60.12% 118,203 21.53% 5400 Senior Citizens Programs501110 Salaries‐Regular 18,195 18,195 1,314 8,418 46.27% 9,754 ‐13.70% 501115 Salaries‐Overtime ‐ ‐ ‐ ‐ ** 74 ‐100.00% 501120 Salaries‐Part Time 38,645 38,645 4,678 22,186 57.41% 13,423 65.28% 502100 Retirement 4,225 4,225 325 2,081 49.25% 2,280 ‐8.73%502105 Workers Comp Insurance 830 830 110 563 67.83% 459 22.66% 502110 Health/Life Insurance 2,395 2,395 218 1,363 56.91% 1,453 ‐6.19%502111 Medical In‐Lieu Pay ‐ ‐ 116 754 ** 700 7.71% 502115 Unemployment Insurance 320 320 126 126 39.38% 65 93.85%502120 Medicare/FICA 780 780 89 455 58.33% 347 31.12% 502130 Other Benefit Charges 770 770 14 85 11.04% 93 ‐8.60% 609200 Senior Citizen Program 1,200 1,200 13 451 37.58% 687 ‐34.35% 5400 Senior Citizens Programs 67,360 67,360 7,003 36,482 54.16% 29,335 24.36% * = Actual data is reported through January.

ATTACHMENT B

Page 23 of 25 ends

ATTACHMENT B

Page 24 of 25 ends

Acct. No.

Description
% of Budget
101 General Fund1600 Non‐Departmental800250 Transfer to FACT Grant $ 46,470 $ 46,470 $ ‐ $ 31,825 68.49% $ 7,125 346.67% 800251 Transfer to Senior Transportation Fund 11,045 11,045 566 4,596 41.61% 4,275 7.51% 800280 Transfer to SCP Maintenance Fund 59,200 59,200 4,933 34,533 58.33% 23,998 43.90% 800305 Transfer to Capital Projects Fund 180,000 209,000 ‐ ‐ 0.00% ‐ ** TOTAL TRANSFERS OUT $ 296,715 $ 325,715 $ 5,499 $ 70,954 21.78% 35,398 $ 100.45% Transfers to Other Funds‐Bannigan
January 2023 General Fund Expenditures (58% of year)
FY 2022/23
Amended
Budget
Activity
During
January
Year to Date
Actual *
% Change
From Prior
Year
FY 2021/22
Actual*
FY 2022/23
Adopted
Budget
FY 2022/23
* = Actual data is reported through January.

ATTACHMENT B

Page 25 of 25 ends

General Fund - Fund Balance Status
Measure GG
Transaction &
General Fund Use Tax Fund
(101) (102) Total
Reserves as of June 30, 2022 (per City Reserve Policy):

Capital Improvement (A) $ 5,000,000 $ 5,000,000
Economic Uncertainty (B) 5,700,000 5,700,000
Emergency Disaster Continuity (C) 2,900,000 2,900,000
Equipment and Maintenance (A) 150,000 150,000
Technology Equipment (A) 150,000 150,000
Subtotal 13,900,000 - 13,900,000
Other Fund Balance Commitments:

Developer Contributions from Public Benefit Fees 1,377,796 1,377,796 Developer Contributions from Beautification Fees 190,000 190,000 Developer Contributions from Neighborhood Preservation Fees 88,500 88,500 Subtotal 1,656,296 - 1,656,296
Available Fund Balance (unreserved) 9,975,608 389,600 10,365,208 Total Discretionary Fund Balance as of June 30, 2022 25,531,904 389,600 25,921,504 Estimated increase (decrease) of fund balance
during Fiscal Year 2022-23 650,646 (389,600) 261,046
Total Projected Discretionary Fund Balance as of June 30, 2023 26,182,550 $ $ 26,182,550 - $ Notes:
(A) - Flat amounts per Reserve Policy adopted on June 14, 2022 (City Resolution No. 2022-34). (B) - Amount is equal to 20% of Fiscal Year 2022/23 operating expenditures budgeted in General Fund per Reserve Policy adopted on June 14, 2022 (City Resolution No. 2022-34). (C) - Amount is equal to 10% of Fiscal Year 2022/23 operating expenditures budgeted in General Fund per Reserve Policy adopted on June 14, 2022 (City Resolution No. 2022-34).

ATTACHMENT C
Click here to return to the agenda.

Account
No. Description
FY 2022/23
Adopted
Budget
FY 2022/23
Amended
Budget
Activity
During January
Year to Date
Actual *% of Budget
FY 2021/22
Actual *
% Change
From Prior
Year

REVENUES
435100 Interest $ 25,000 $ 25,000 $ ‐ $ 106,944 427.78% $ 15,616 584.84% 435110 Unrealized Gains/Losses ‐ ‐ 40,982 68,723 ** ‐ (69,998) 198.18% 436140 Tina Way/Pacific Ave. Property Rent 560,000 560,000 55,066 395,512 70.63% 265,745 48.83% 437135 Expense Reimbursement 1,000 1,000 ‐ ‐ 0.00% ‐ ** 437145 Sale Of Assets ‐ ‐ ‐ ‐ ** 681,902 ‐100.00% TOTAL REVENUES $ 586,000 $ 586,000 $ 96,048 $ 571,179 97.47% $ 893,265 ‐36.06%

ESTIMATED EXPENDITURES AND OTHER USES
Salaries and Benefits
501110 Salaries‐Regular 145,820 145,820 9,437 74,110 50.82% 69,981 5.90% 501115 Salaries‐Overtime ‐ ‐ ‐ 28 ** ‐ 270 89.63%
501120 Salaries‐Part‐Time 2,575 2,575 161 972 37.75% 1,340 ‐27.46%502100 Retirement 35,325 35,325 2,567 19,903 56.34% 18,121 9.83% 502105 Workers' Compensation 2,205 2,205 177 1,382 62.68% 1,412 ‐2.12% 502110 Health/Life Insurance 15,290 15,290 1,196 7,619 49.83% 7,481 1.84% 502111 Medical in Lieu 450 450 47 235 52.22% ‐ 390 39.74% 502115 Unemployment Insurance 195 195 149 208 106.67% 177 14.90% 502120 Medicare/FICA 2,035 2,035 128 1,005 49.39% 972 3.40% 502130 Other Benefits 1,055 1,055 83 653 61.90% 616 6.01% Total‐Salaries and Benefits 204,950 204,950 13,945 106,115 51.78% 100,760 5.31% Maintenance and Operations
602110 Office Expense 1,000 1,000 ‐ ‐ 0.00% ‐ 147 100.00% 602115 Postage 500 500 ‐ 51 10.20% 14 264.29% 602130 Clothing ‐ 2,940 2,937 2,937 99.90% ‐ 100.00%
602140 Materials and Supplies 5,000 2,060 36 909 44.13% 546 66.48% 602145 Gas/Oil/Lube ‐ ‐ ‐ ‐ ** ‐ 20 100.00% 603120 Minor Repairs 15,000 15,000 ‐ ‐ 0.00% ‐ ** 604105 Utilities 50,000 50,000 1,536 25,996 51.99% 25,553 1.73% HOUSING AUTHORITY FUND (#285)
January 2023 Revenues and Expenditures (58% of year)
FY 2022/23

ATTACHMENT D

Page 1 of 2 ends

Account
No. Description
FY 2022/23
Adopted
Budget
FY 2022/23
Amended
Budget
Activity
During January
Year to Date
Actual *% of Budget
FY 2021/22
Actual *
% Change
From Prior
Year
HOUSING AUTHORITY FUND (#285)
January 2023 Revenues and Expenditures (58% of year)
FY 2022/23
Maintenance and Operations , Continued
607100 Membership Dues 4,800                    ‐                  4,800 ‐                    0.00% ‐ ** 607110 Travel/Conference/Meetings 1,000 1,000 ‐                  ‐                    0.00% ‐ **607115 Training 2,500 2,500 ‐                  ‐                    0.00% ‐ ** 608100 Contractual Services 24,000 24,000 3,208 12,097 50.40% 313,370 ‐96.14% 608105 Professional Services 530,500 530,500 28,533 165,988 31.29% 107,109 54.97%610130 Tina Pacific Operating Expense (QMG) ‐ ‐                     (42,978) 119,129 ** ‐ 100.00% 610131 Bad Debt Expense (QMG) ‐ ‐                     5,575 37,645 ** ‐ 100.00% 610135 Relocation Assistance 40,000 40,000 3,036 16,079 40.20%                  ‐ 17,388 7.53% 610230 Navigation Center (North SPA) 50,000 50,000 ‐                  ‐                    0.00% ‐ **611110 O.C. Sanitation User Fee 21,500 21,500 ‐                  19,484 90.62%                  ‐ 20,837 6.49%612135 Building Maintenance 75,000 75,000 ‐                  ‐                    0.00% ‐ ** Total‐Maintenance and Operations 820,800 820,800 1,883 400,315 48.77% 484,984 ‐17.46% Allocated Charges
612105 Vehicle Replacement Charge 5,805 5,805 484 3,386 58.33%                     ‐ 5,877 42.39% 612115 Liability Insurance Charge 7,295 7,295 ‐                  6,540 89.65%                  ‐ 13,841 52.75% 612140 Information Technology Charge 18,215 18,215 1,518 10,625 58.33%                  ‐ 14,044 24.34% 614205 Admin Overhead 21,580 21,580 1,722 14,579 67.56% 11,111 31.21% Total‐Allocated Charges 52,895 52,895 3,724 35,130 66.41%                  ‐ 44,873 21.71%Capital Outlay 760100 Demolition/Condemnation 200,000 293,800 ‐                  93,800 31.93% ‐ 100.00% 790100 Land Acquisition ‐ 2,500,000 ‐ 2,500,000 100.00% ‐ 100.00% Total‐Capital Outlay 200,000 2,793,800 ‐                  2,593,800 92.84% ‐ 100.00% Transfers to Other Funds
800101 Transfer to General Fund ‐ ‐                     ‐                  ‐                    **                ‐ 890,000 100.00% Total‐Transfers to Other Funds ‐ ‐                     ‐                  ‐                    **                ‐ 890,000 100.00%TOTAL EXPENDITURES $ 1,278,645 $ 3,872,445 $ 19,552 $ 3,135,360 80.97% 1,520,617 $ 106.19% REVENUES OVER (UNDER) EXPENDITURES $ (692,645) $ (3,286,445) $ 76,496 $ (2,564,181) $ (627,352) * = Actual data is reported through January.

ATTACHMENT D

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2 Housing Authority Fund (Fund 285) - Fund Balance Status Available Fund Balance as of June 30, 2022 $ 12,414,239 Estimated increase (decrease) of fund balance
during Fiscal Year 2022-23 (3,236,445)
Projected Available Fund Balance as of June 30, 2023 $ 9,177,794

ATTACHMENT E
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Task Code Description
Adopted
Budget
2022/23
FY 2021/22
Budget
Carryover
Other Budget
Adjustments
Amended
Budget
2022/23
YTD
Actual
2022/23 Encumbrances
% Spent
(Includes
Encumbrances)
Remaining
Budget
Street Projects
2022‐101 Citywide Street Rehabilitation (FY 2021/22) $ ‐ $ 1,846,245 $ 81,330 $ 1,927,575 $ 1,885,817 $ 40,769 99.9% $ 989 2022‐102 Citywide Street Sign Replacement ‐ 149,490 ‐ 149,490 ‐               ‐ 0.0% 149,490 2023‐101 Citywide Street Rehabilitation (FY 2022/23) 2,090,000 109,050 (81,330) 2,117,720 50,278 59,030 5.2% 2,008,412 2023‐102 Greening Stanton 180,000 ‐                 ‐ 180,000 ‐               ‐ 0.0% 180,000 2023‐103
Catch Basin Connector Pipe Screen
Installations (FY 2022/23) 70,000 ‐                 ‐ 70,000 66 ‐ 0.1% 69,934 2023‐104 Pavement Management Plan Update ‐ ‐                 26,196 26,196 810 25,386 100.0% ‐ Total Street Projects $ 2,340,000 $ 2,104,785 $ 26,196 $ 4,470,981 $ 1,936,971 $ 125,185 46.1% 2,408,825 $ Parks Projects
2021‐201 Park Master Plan $ ‐ $ 174,620 $ ‐ $ 174,620 $ 87,186 $ 76,399 93.7% $ 11,035 2021‐205 Dog Park ‐ 154,555 ‐ 154,555 56,247 78,395 87.1% 19,9132022‐201 Family Resource Center Improvements (Phase 1) 182,600 391,140 ‐ 573,740 9,712 20,370 5.2% 543,658 2022‐203 Orangewood Parkette 850,000 78,885 ‐ 928,885 12,006 47,226 6.4% 869,653 2022‐204 Norm Ross Sports Park ‐ 7,691,060 ‐ 7,691,060 92,612 548,800 8.3% 7,049,648 2022‐205 Replace Shade Structure at Stanton Central Park ‐ 60,000 ‐ 60,000 1,642 ‐ 2.7% 58,358 2022‐206 Premier Park Renovation 500,000 150,000 200,000 850,000 25,508 63,667 10.5% 760,825 2022‐820 Stanton Park Adult Fitness Equipment 84,090 3,885 ‐ 87,975 1,515 2,370 4.4% 84,090 2022‐833 Stanton Park Refresh ‐ ‐                 410,000 410,000 ‐               ‐ 0.0% 410,000 Total Parks Projects $ 1,616,690 $ 8,704,145 $ 610,000 $ 10,930,835 $ 286,428 $ 837,227 10.3% 9,807,180 $ Sewer
2022‐301 Sewer Master Plan Update $ ‐ $ 531,225 $ ‐ $ 531,225 $ 112,221 $ 368,999 90.6% $ 50,0052023‐301 Annual Sewer Rehabilitation (FY 2022/23) 550,000 ‐                 ‐ 550,000 ‐               ‐ 0.0% 550,000 Total Sewer $ 550,000 $ 531,225 $ ‐ $ 1,081,225 $ 112,221 $ 368,999 44.5% 600,005 $ Facilities
2022‐839 ADA Transition Plan $ ‐ $ ‐ $ 110,000 $ 110,000 $ ‐ $ 109,300 99.4% $ 700 2023‐603 Stanton Community Center Improvements ‐ ‐                 500,000 500,000 ‐               ‐ 0.0% 500,000 Total Facilities $ ‐ $ ‐ $ 610,000 $ 610,000 $ ‐ $ 109,300 17.9% 500,700 $ GRAND TOTAL $ 4,506,690 $ 11,340,155 $ 1,246,196 $ 17,093,041 $ 2,335,620 $ 1,440,711 22.1% 13,316,710 $

CITY OF STANTON
FY 2022/23

STATUS OF CAPITAL IMPROVEMENT PROJECTS (CIP)
JULY 1, 2022 THROUGH JANUARY 31, 2023

ATTACHMENT F

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CITY OF STANTON
FY 2022/23

STATUS OF CAPITAL IMPROVEMENT PROJECTS (CIP)
JULY 1, 2022 THROUGH JANUARY 31, 2023
Funding Source
101 General Fund $ 180,000 $ 32,885 $ ‐ $ 212,885 $ 1,515 $ 31,370 15.4% $ 180,000211 Gas Tax Fund 27,763 276,920 46,196 350,879 6,498 56,455 17.9% 287,926215 RMRA Fund 1,011,998 1,109,895 ‐ 2,121,893 1,109,895 ‐ 52.3% 1,011,998 220 Measure M Turnback Fund 1,064,239 656,040 ‐ 1,720,279 787,648 59,030 49.2% 873,601221 CDBG‐CV Grant Fund ‐ ‐ 500,000 500,000 ‐ ‐ 0.0% 500,000 222 CDBG Grant Fund ‐ 350,000 ‐ 350,000 ‐ ‐ 0.0% 350,000 227 Other Grants Fund 1,107,976 7,691,060 ‐ 8,799,036 92,612 548,800 7.3% 8,157,624 257 ARPA Fund ‐ 174,620 700,000 874,620 87,186 166,399 29.0% 621,035 305 Capital Projects Fund (Reserves) 31,000 92,930 ‐ 123,930 34,572 ‐ 27.9% 89,358310 Park In‐Lieu Fund 533,714 424,580 ‐ 958,294 103,473 209,658 32.7% 645,163501 Sewer Maintenance Fund 405,000 531,225 ‐ 936,225 112,221 368,999 51.4% 455,005502 Sewer Capital Improvement Fund ‐ 145,000 ‐ 145,000 ‐ ‐ 0.0% 145,000 GRAND TOTAL $ 4,506,690 $ 11,340,155 $ 1,246,196 $ 17,093,041 $ 2,335,620 $ 1,440,711 22.1% 13,316,710 $

ATTACHMENT F

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2 CITY OF STANTON

REPORT TO THE CITY COUNCIL
TO: Honorable Mayor and Members of the City Council
DATE: March 14, 2023
SUBJECT: ANNUAL COMPREHENSIVE FINANCIAL REPORT FOR FISCAL YEAR 2021-22 AND RELATED AUDIT REPORTS
REPORT IN BRIEF:

Each year the City issues an Annual Comprehensive Financial Report (ACFR), which summarizes the financial activity of a local government for a given fiscal year in accordance with financial statement presentation requirements prescribed by government accounting standards (Attachment A). The ACFR is accompanied by an opinion from the City’s audit firm. The audit firm’s opinion on the City’s 2021-22 ACFR is a clean opinion, with no exceptions, modifications, or qualifications. (The audit firm also issued a separate report for the Housing Authority’s 2021-22 audited financial statements. The report included in Attachment B also includes a clean opinion with no exceptions, modifications, or qualifications from the audit firm.) In addition, the City’s auditors issue other reports in relation to the City’s audit. These reports are provided in Attachments C through E. (Attachment D, page 2 includes one recommendation that the City corrected during the Fiscal Year 2021-22 audit.)
RECOMMENDED ACTIONS:

2. Receive and file the Annual Comprehensive Financial Report (ACFR), and related audit reports.

ANALYSIS/JUSTIFICATION:

An ACFR is organized into three sections: the introductory section, the financial section, and the statistical section. The introductory section includes a letter of transmittal that provides an overview of the City. The financial section includes the audit opinion, management’s discussion and analysis, government-wide financial statements, notes to the financial statements, and supplementary schedules. Management’s discussion and analysis provides narrative information as well as an overview and analysis of the City’s Item: 6G
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financial statements. The statistical section provides operational and demographic statistics and ten years of selected financial data.

Government-wide Financial Statements
The government-wide financial statements that are included in the ACFR provide the reader with an opportunity to ascertain the financial status of all funds and activities of the City in a single consolidated presentation. As of June 30, 2022, the City held $164.7 million in assets (Attachment A, page 44). Those assets consisted of cash and investments ($62.8 million), capital assets ($94.8 million), and receivables and prepaid expenses ($7.1 million).

The government-wide financial statements also display the obligations of the City that represent claims against those assets. As of June 30, 2022, the City owed $7.8 million consisting of short-term obligations ($5.6 million), long-term obligations ($0.3 million), and the City’s unfunded pension liability for employee service rendered to date ($1.9 million) (Attachment A, page 44).

The government-wide financial statements also report a consolidation of all revenues and expenses of the City. On a consolidated basis, City revenues exceeded expenses by $6.5 million (Attachment A, page 46).

Fiduciary funds are funds held on behalf of other parties. These funds (North Orange County Public Safety Collaborative Fund and the Successor Agency to the Stanton Redevelopment Agency Fund) are excluded from the government-wide financial statements.

Fund Financial Statements
Local governments typically receive funding from multiple sources, some of which is restricted to specific uses and some of which is unrestricted. As a result, local governments establish separate funds to segregate the resources that are restricted for specific programs and activities. The fund financial statements that are contained in the ACFR display the financial activity of major funds in separate columns so that the reader can ascertain the revenues, expenditures, and remaining unspent fund balance of each of those major funds.

One of the City’s major funds is the General Fund. The General Fund is the primary operating fund of the City that pays for much of the City’s day to day operating expenditures. The General Fund (Funds 101, 102, and 801) accounts for the unrestricted resources of the City, the spending of which can be directed by City Council toward any lawful public use. (Fund 801, the City’s Developer Deposits Fund, is not included in the City’s General Fund revenue and an expenditure report is provided to the City Council monthly. The City’s auditors include this fund with the General Fund for ACFR reporting purposes in accordance with government accounting standards.) As of June 30, 2022, the General Fund’s spendable fund balance was $25.8 million. Of this amount, $169,585 was set aside for expenditures that were budgeted in Fiscal Year 2021-22 that were delayed and will be spent in Fiscal Year 2022-23 and $13.9 million represents reserves set aside by the City Council with the adoption of Resolution No. 2021-23 for certain contingencies such as: economic uncertainty, emergency equipment and maintenance, emergency disaster, and capital improvements. In addition, $1.7 million was set aside for future appropriations in accordance with the provisions contained in various developer agreements. After accounting for those amounts, there was $10.1 million in the General Fund’s fund balance available for appropriation (Attachment A, page 105).

Housing Authority Audited Financial Statements (Attachment B) Staff transmitted this report to the City Council via email on December 21, 2022, in compliance with Senate Bill 341. The Housing Authority’s audited financial statements report that the Housing Authority’s net position (the amount that assets exceed liabilities) was $34.4 million as of June 30, 2022 (Attachment B, page 16). Most of the Housing Authority’s assets are in the form of cash and investments ($13.1 million) and capital assets (consisting of land and buildings and improvements) associated with the Tina-Pacific properties ($21.1 million). In Fiscal Year 2021-22, the Housing Authority’s expenses exceeded revenues by $248,312 (Attachment B, page 17), primarily due to $307,500 paid to The Related Companies of California, LLC to terminate their developer agreement for the Tina-Pacific Development Project.

Other Related Audit Reports
In addition to the audit firm’s opinion on the fair presentation of the City’s financial statements, audit firms are required to provide certain related audit communications whenever they perform an audit of local government financial statements. Those related audit communications are included as Attachments C through E to this agenda report.

The content of these required audit communications is described below:
• Report on Those Charged With Governance (Attachment C) – This report communicates the inherent limitations of the audit process, assumptions that underlie the financial reporting process for all local governments and identifies any material misstatements or difficulties that were detected in the performance of the audit. For Fiscal Year 2021-22, this report is a clean report with no such matters noted. During the course of the audit, the City’s auditors identified two areas of improvement. These were verbal recommendations provided to City staff; however, the auditors included these items in their report to the City Council to inform the City Council of these verbal communications. (Refer to Attachment C, page 6.) Finance staff will be taking steps to address these matters before the Fiscal Year 2022-23 audit begins.
• Article XIIIB Limit on Appropriations (Gann Limit) (Attachment D) – This report communicates the audit firm’s testing of the City’s computation of the statutory appropriation limit (Gann Limit). No findings are identified in this report. • Government Auditing Standards Report and Alternative Compliance Examination Engagement Report (Attachment E) – Attachment E, pages 3 and 4 communicates to City Council any significant deficiencies in internal control over financial reporting or material instances of noncompliance with laws and regulations that were noted during the course of the audit. No such matters are identified in the report.
• Attachment E, pages 5 through 8 represents the auditor’s Report on Compliance for the U.S. Department of Treasury Coronavirus State and Local Fiscal Recovery Funds Program (CSLRFR) Requirements for an Alternative CSLRFR Compliance Examination Engagement. The scope of this examination included a review of the City’s American Rescue Plan Act (ARPA) expenditures. This report is a clean report with no findings identified. This examination was completed in lieu of a single audit. Generally, a local government entity that spends more than $750,000 in federal expenditures is required to have a single audit performed in accordance with Office of Management and Budget (OMB) Circular A-133.

However, in April 2022, the OMB issued an addendum to their single audit requirements allowing entities who satisfy two criteria to undergo a limited scope examination in lieu of the single audit. To qualify for the limited scope examination, an entity must have received less than $10 million in ARPA funding and federal expenditures during the fiscal year, excluding the CSLFRF expenditures must be less than $750,000. The City’s total federal expenditures during fiscal year 2021-22 were $1.5 million. The CSLRFR expenditures (i.e.

ARPA program) made up $1.3 million; therefore, the remaining federal award expenditures were only $223,057. Consequently, the City met the requirements for a limited scope examination for Fiscal Year 2021-22.

FISCAL IMPACT:

Not applicable.

ENVIRONMENTAL IMPACT:

This action is not a project per the California Environmental Quality Act.

LEGAL REVIEW:

Not applicable.

PUBLIC NOTIFICATION:

Through the regular agenda posting process.

STRATEGIC PLAN OBJECTIVE ADDRESSED:

Obj. No. 4: Ensure fiscal stability and efficiency in governance.

Prepared by: Michelle Bannigan, Finance Director
Approved by: Hannah Shin-Heydorn, City Manager
Attachments:

A. Annual Comprehensive Financial Report
B. Housing Authority Financial Statements
C. Report on Communication With Those Charged with Governance D. Internal Control and Compliance
E. Article XIIIB Limit on Appropriations (Gann Limit)

ANNUAL

COMPREHENSIVE

FINANCIAL
REPORT
YEAR ENDED JUNE 30. 2022

CITY OF STANTON, CALIFORNIA
7800 Katella Avenue, Stanton, CA 90680 | (714) 379-9222 | StantonCA.gov Attachment: A
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CITY OF STANTON, CALIFORNIA

ANNUAL COMPREHENSIVE FINANCIAL STATEMENT REPORT
YEAR ENDED JUNE 30, 2022
Prepared by
Finance Department

ATTACHMENT A

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ATTACHMENT A

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CITY OF STANTON, CALIFORNIA

TABLE OF CONTENTS
YEAR ENDED JUNE 30, 2022

INTRODUCTORY SECTION

LETTER OF TRANSMITTAL I

GFOA CERTIFICATE OF ACHIEVEMENT FOR EXCELLENCE IN

FINANCIAL REPORTING VII

ORGANIZATION CHART VIII
PRINCIPAL OFFICIALS AS OF JUNE 30, 2022 IX

FINANCIAL SECTION
INDEPENDENT AUDITORS’ REPORT 1
MANAGEMENT’S DISCUSSION AND ANALYSIS (REQUIRED
SUPPLEMENTARY INFORMATION) 5
BASIC FINANCIAL STATEMENTS:

GOVERNMENTAL-WIDE FINANCIAL STATEMENTS:

STATEMENT OF NET POSITION 23
STATEMENT OF ACTIVITIES 24
GOVERNMENTAL FUNDS:

BALANCE SHEET 28

RECONCILIATION OF THE GOVERNMENTAL FUNDS BALANCE

SHEET TO THE GOVERNMENT-WIDE STATEMENT OF NET
POSITION 29

STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCES 30

RECONCILIATION OF THE GOVERNMENTAL FUNDS STATEMENT

OF REVENUES, EXPENDITURES, AND CHANGES IN FUND

BALANCES TO THE GOVERNMENT-WIDE STATEMENT OF
ACTIVITIES 31
PROPRIETARY FUNDS:

STATEMENT OF NET POSITION 34

STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET
POSITION 35
STATEMENT OF CASH FLOWS 36
FIDUCIARY FUNDS:

STATEMENT OF FIDUCIARY NET POSITION 38
STATEMENT OF CHANGES IN FIDUCIARY NET POSITION 39
NOTES TO BASIC FINANCIAL STATEMENTS 42

ATTACHMENT A

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CITY OF STANTON, CALIFORNIA

TABLE OF CONTENTS
YEAR ENDED JUNE 30, 2022

FINANCIAL SECTION (CONTINUED)

REQUIRED SUPPLEMENTARY INFORMATION

CALPERS MISCELLANEOUS PENSION PLAN

SCHEDULE OF PROPORTIONATE SHARE OF THE NET PENSION
LIABILITY 94
SCHEDULE OF CONTRIBUTIONS 96

CALPERS SAFETY PENSION PLAN

SCHEDULE OF PROPORTIONATE SHARE OF THE NET PENSION
LIABILITY 98
SCHEDULE OF CONTRIBUTIONS 100

OTHER POSTEMPLOYMENT BENEFIT PLAN

SCHEDULE OF CHANGES IN THE NET OPEB LIABILITY (ASSET)
AND RELATED RATIOS 102

BUDGETARY COMPARISON SCHEDULE
GENERAL FUND 103
HOUSING AUTHORITY SPECIAL REVENUE FUND 104
LIGHTING AND MEDIAN MAINTENANCE SPECIAL REVENUE FUND 105 AMERICAN RESCUE PLAN ACT SPECIAL REVENUE FUND 106
NOTE TO REQUIRED SUPPLEMENTARY INFORMATION 107

SUPPLEMENTARY INFORMATION
GENERAL FUND:

DESCRIPTION OF GENERAL FUNDS 112
COMBINING BALANCE SHEET 113

COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND
CHANGES IN FUND BALANCES 114
OTHER GOVERNMENTAL FUNDS:

DESCRIPTION OF OTHER GOVERNMENTAL FUNDS 116
COMBINING BALANCE SHEET 118

COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND
CHANGES IN FUND BALANCES 122

SCHEDULES OF REVENUES, EXPENDITURES, AND CHANGES
FUND BALANCE – BUDGET AND ACTUAL:

IN
GAS TAX SPECIAL REVENUE FUND 126
PROTECTIVE SERVICES SPECIAL REVENUE FUND 127

ATTACHMENT A

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CITY OF STANTON, CALIFORNIA

TABLE OF CONTENTS
YEAR ENDED JUNE 30, 2022

FINANCIAL SECTION (CONTINUED)

SCHEDULES OF REVENUES, EXPENDITURES, AND CHANGES IN
FUND BALANCE – BUDGET AND ACTUAL (CONTINUED):

SUPPLEMENTAL LAW ENFORCEMENT PROGRAM SPECIAL
REVENUE FUND 128

AIR QUALITY IMPROVEMENT PROGRAM SPECIAL REVENUE
FUND 129

FAMILIES AND COMMUNITIES TOGETHER (FACT) GRANT
SPECIAL REVENUE FUND 130
OTHER GRANTS SPECIAL REVENUE FUND 131
SENIOR TRANSPORTATION SPECIAL REVENUE FUND 132
MEASURE M SPECIAL REVENUE FUND 133
PUBLIC SAFETY TASK FORCE (PSTF) SPECIAL REVENUE FUND 134 DEVELOPMENT IMPACT FEES SPECIAL REVENUE FUND 135

ROAD MAINTENANCE AND REHABILITATION ACCOUNT (RMRA)
SPECIAL REVENUE FUND 136

STANTON CENTRAL PARK MAINTENANCE SPECIAL REVENUE
FUND 137

COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) SPECIAL
REVENUE FUND 138

CERTIFIED ACCESS SPECIALIST PROGRAM (CASP) SPECIAL
REVENUE FUND 139
CAPITAL IMPROVEMENTS CAPITAL PROJECTS FUND 140
PARK IN LIEU FEES CAPITAL PROJECTS FUND 141
INTERNAL SERVICE FUNDS:

DESCRIPTION OF INTERNAL SERVICE FUNDS 144
COMBINING STATEMENT OF NET POSITION 145

COMBINING STATEMENT OF REVENUES, EXPENSES, AND
CHANGES IN NET POSITION 146
COMBINING STATEMENT OF CASH FLOWS 147
PRIVATE-PURPOSE TRUST FUNDS:

DESCRIPTION OF PRIVATE-PURCHASE TRUST FUNDS 150
COMBINING STATEMENT OF NET POSITION 151
COMBINING STATEMENT OF CHANGES IN NET POSITION 152

ATTACHMENT A

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CITY OF STANTON, CALIFORNIA

TABLE OF CONTENTS
YEAR ENDED JUNE 30, 2022

STATISTICAL SECTION
DESCRIPTION OF STATISTICAL SECTION 155

FINANCIAL TRENDS
NET POSITION BY COMPONENT 156
CHANGES IN NET POSITION 158
FUND BALANCES OF GOVERNMENTAL FUNDS 162
CHANGES IN FUND BALANCE OF GOVERNMENTAL FUNDS 164
REVENUE CAPACITY:

ASSESSED VALUE AND ESTIMATED ACTUAL VALUE OF TAXABLE
PROPERTY 166
DIRECT AND OVERLAPPING PROPERTY TAX RATES 168
PRINCIPAL PROPERTY TAXPAYERS 170
PROPERTY TAX LEVIES AND COLLECTIONS 171
DEBT CAPACITY:

RATIOS OF OUTSTANDING DEBT BY TYPE 172
COMPUTATION OF DIRECT AND OVERLAPPING BONDED DEBT 173
LEGAL DEBT MARTIN INFORMATION 174
PLEDGED-REVENUE COVERAGE 176
DEMOGRAPHIC AND ECONOMIC INFORMATION:

DEMOGRAPHIC AND ECONOMIC STATISTICS 178
PRINCIPAL EMPLOYERS 179
OPERATING INFORMATION:

FULL -TIME EQUIVALENT CITY EMPLOYEES BY FUNCTIONS 180
OPERATING INDICATORS BY FUNCTIONS 182
CAPITAL ASSET STATISTICS BY FUNCTION 188

ATTACHMENT A

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INTRODUCTORY SECTION

ATTACHMENT A

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ATTACHMENT A

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7800 Katella Avenue
Stanton, CA 90680
P | (714) 379-9222
F | (714) 890-1443
[email protected]
www. stantonca.gov
February 17, 2023
To the Honorable Mayor, Members of the City Council, and Citizens of Stanton:

It is a pleasure to present the Fiscal Year 2021-22 Annual Comprehensive Financial Report (ACFR) for the City of Stanton. These financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) and audited in accordance with generally accepted auditing standards.

Responsibility for the accuracy of the data, the completeness and reliability of the presentation, including all disclosures, rests with City management.

To provide sufficient reliable information for the preparation of the City’s financial statements, City staff has established a comprehensive internal control framework designed to minimize the risk of error or misstatement and the risk of loss, theft, or misuse of City assets. Because the cost of internal controls should not exceed their benefits, the City’s internal controls have been designed to provide reasonable, rather than an absolute, assurance that the financial statements will be free from material misstatement.

The City’s financial statements have been audited by Gruber and Lopez, Inc., certified public accountants. The independent audit firm concluded, based on the audit, that there was a reasonable basis for rendering an unmodified opinion (“clean opinion”) on the City’s financial statements for the fiscal year ended June 30, 2022. This means, in the auditors’ opinion, the City’s financial statements fairly present the City’s financial position in accordance with generally accepted accounting principles.

Management’s discussion and analysis (MD&A) immediately follows the independent auditor’s report and provides narrative information, overview, and analysis of the basic financial statements. MD&A complements this letter of transmittal and should be read in conjunction with it.

Profile of Stanton
Stanton is a general law City incorporated in 1956. It occupies a land area of 3.1 square miles and serves a population of approximately 39,275. The City is located in the northwestern portion of Orange County, approximately 23 miles southeast of the City of Los Angeles. It has easy freeway access and is within 12 miles of: Disneyland, Anaheim Stadium, Knotts Berry Farm, Huntington Beach and the John Wayne and Long Beach airports. State Highway 39, Beach Boulevard, runs through the center of the City.

ATTACHMENT A

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ii
The City is governed under the Council‐Manager form of government, with a five‐member City Council.

The City Council is elected on a non‐partisan basis with staggered four‐year terms. Elections are held in November on even‐numbered years. The Mayor is elected at‐large and the four City Council members are elected by voters in their districts. The Mayor Pro Tem position is selected annually by a majority vote of the City Council members. The City Council appoints the City Manager to carry out the policies and direction of the City Council, oversee the day‐to‐day operations of the City, and appoint the heads of the various City departments.

The City provides a range of municipal services that includes public works, planning, zoning, building, sewer services, parks and recreation, code enforcement, and parking control. Stanton is a “contract city”, and contracts with other governmental entities, private firms, and individuals to provide some of these services. Police services are provided by the Orange County Sheriff’s Department. Fire services are provided by the Orange County Fire Authority. Water services are provided by Golden State Water Company.

The City is financially accountable for the Stanton Housing Authority (Housing Authority). Therefore, the Housing Authority’s activities are included in these financial statements. Additional information on the Housing Authority can be found in Note 1 to the basic financial statements. The former Stanton Redevelopment Agency (Redevelopment Agency) was dissolved on February 1, 2012. Upon the dissolution of the Redevelopment Agency, its assets and liabilities were transferred to the Successor Agency to the Stanton Redevelopment Agency (Successor Agency). The City is obligated to report the resources and activities of the Successor Agency in a separate private purpose trust fund, which is also included in these financial statements. All uses of the resources of the Successor Agency must be approved by an independent Oversight Board comprised of members appointed by various taxing entities, and the California Department of Finance (“DOF”). Additional information for the Successor Agency can be found in Note 14 to the basic financial statements.

The City uses an annual budget, which the City Council adopts prior to the beginning of every fiscal year, to manage its finances. The budget is organized by fund (e.g., General Fund), department (e.g., public safety), and division (e.g., law enforcement services). The City Manager can authorize appropriation transfers in the operating and capital budget within the same fund without limitation. Any revisions between funds and revisionsthat change a fund’stotal approved appropriations must be approved by the City Council. The Successor Agency does not adopt a budget because its expenses are restricted to enforceable obligations approved by the DOF. Payments associated with these enforceable obligations are approved annually by the DOF through the submission of a Recognized Obligation Payment Schedule (ROPS), unless DOF has approved a Last and Final ROPS. The DOF approved the Successor Agency’s most recent Amended Last and Final ROPS on December 17, 2020. Therefore, the Successor Agency’s annual expenses are limited to the amounts identified on the Amended Last and Final ROPS.

State law mandates that Stanton can only raise local tax rates with voter approval. Use and regulatory fees must also follow procedures set forth in State law and must not exceed the estimated reasonable cost of providing services. Fees require approval by the City Council; and fees in excess of reasonable cost require voter approval.

Local Economy
Over the last ten years, property values and personal income levels within the City have steadily increased in order to support the level of municipal services and facilities that are needed by the community. The

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iii
assessed valuation of property in the City has grown 79.1% since fiscal year 2012-13 (ten years ago). The City’s assessed valuation has been consistently increasing at an average rate of 6.0% annually over the last ten years. In fiscal year 2021-22, the City’s assessed valuation increased 9.8%, and in fiscal year 2022- 23, it increased 5.9%.

Stanton is home to approximately 3,000 businesses. Major industries include restaurants, and general retail businesses. Stanton’s unemployment rate has traditionally been below State and national levels.

The three largest employers in the City are: Rowntree Gardens, Home Depot and Super King Market. The City’s largest employer with 327 employees, Rowntree Gardens, is a non-profit senior living community that provides a full range of services to its members, such as: memory care, assisted living, independent living, skilled nursing, therapy services, and home care. The Home Depot, the City’s second largest employer with 181 employees, is the world’s largest home improvement retailer with nearly 400,000 associates working in its more than 2,200 stores located through the United States of America and Mexico.

Super King Market, the City’s third largest employer with approximately 150 employees, is a full-service supermarket with seven stores located throughout Southern California.

The City’s diverse sales tax base is comprised of a number of companies. The City’s Top 100 sales tax producers include various industries such as: gasoline service stations, restaurants, and general retail businesses. These top sales tax producers generate approximately 86.2% of the City’s total annual sales tax revenue. Additionally, in November 2014, the City’s voters approved a one-cent transaction and use tax (the Stanton 9-1-1 Public Safety and Essential City Services Protective Measure). The City’s Top 100 sales tax producers also generate approximately 66.4% of the City’s total annual transaction and use tax revenue.

The City’s tax base is well diversified, with total tax revenue representing 79.7% of the City’s total General Fund revenues. Property tax revenue (which includes property tax received in-lieu of motor vehicle fees) represents 35.3% of total tax revenues. Sales tax and transaction and use tax revenues represent 47.3% of total tax revenues. The remainder of the tax base (franchise taxes, transient occupancy taxes, utility user taxes, and business license taxes) contributes another 17.4% of tax revenues to the General Fund.

Total tax revenue increased 13.7% from fiscal year 2020-21.

Other Relevant Financial Information
The City Council initially established a General Fund reserve policy in 2011 and has updated the policy annually since that time. On June 22, 2021, the City Council adopted Resolution No. 2021-23 to approve the City’s reserve policy for Fiscal Year 2021-22. The risk-based policy sets aside the following funds in the City’s General Fund to ensure the City’s continued financial stability:
• Economic uncertainty – $5,700,000 (target level is 20% of the General Fund’s operating expenditures);
• Capital improvement – $5,000,000;
• Emergency disaster contingency - $2,900,000 (target level is 10% of the General Fund’s operating expenditures);
• Emergency equipment and maintenance - $150,000; and,

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iv
• Technology equipment - $150,000.

With the exception of the economic uncertainty reserve (which is included in unassigned fund balance in accordance with governmental accounting standards), these reserves are reported in the General Fund’s committed fund balance in the accompanying financial statements.

City Resolution No. 2021-23 also established the following reserves in other City Funds:
• Capital Improvement reserve set aside in the Sewer Enterprise Fund - $1,000,000;

• Vehicle Replacement reserve set aside in the Fleet Maintenance Internal Service Fund - $100,000; and,
• Pension and Other Post Employment Benefits Stabilization reserve set aside in the Employee Benefits Internal Service Fund with a target level of 50% of the City’s unfunded actuarial liability.

As of June 30, 2022, the City held $4.0 million in an irrevocable trust account held by Public Agency Retirement Services as of June 30, 2022. These funds are restricted for pension and other postemployment benefit (OPEB) expenses only and are included with unrestricted net position in the Employee Benefits Internal Service Fund (to offset pension and other post-employment liabilities reported at year end). The amount held in the trust was 98% of the City’s unfunded actuarial liability balance for its pension plans as of June 30, 2021 (the most recent report issued by California Public Employees’ Retirement System) as of the date of this letter. (The City did not report an outstanding liability for its other post-employment benefits as of June 30, 2022.)
Summary of Current Year Accomplishments
Major projects completed during fiscal year 2021-22 include:
• Allocated the City’s $9.1 million in America Rescue Plan Act (ARPA) funds; • Completed 2021 Housing and Safety Element Update;
• Replaced flooring in Police Services building.
• Completed implementation of an online recruiting solution (NeoGov); • Implemented public fraud hotline;
• Approved an exclusive negotiation agreement for the sale of the Tina Pacific Neighborhood. • Began design for Norm Ross Sports Park Improvement Project; • Began design for Family Resource Center Improvements project; • Began design for Dog Park project; and

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• Completed transition of public works inspection services from contracted to in-house.

Future Work Plan Initiatives
City work plan goals for fiscal year 2022-23 include the following:
• Complete $2.5 million funding commitment for the State’s Homekey permanent supportive housing program (for the Riviera Motel);
• Complete construction of Fiscal Year 2021-22 Annual Street Rehabilitation Project; • Complete construction of Family Resource Center Improvements Project (Phase I) (funded by Community Development Block Grant funds from the County of Orange) and begin Family Resource Center Improvements Project (Phase II) (funded by ARPA funds from the County of Orange);
• Complete update of cannabis ordinance;
• Complete the update of the Sewer Master Plan;
• Complete 2020 Town Center Specific Plan;
• Complete competitive bidding process for procurement of City’s contracted building inspection and building plan check services and transition of certain building inspection services from contracted to in-house; and
• Complete update of City’s purchasing ordinance;
• Complete Local Hazard Mitigation Plan;
• Implement Homelessness and Public Safety Pilot Program (funded by ARPA grant funds); • Begin Stanton Community Center Improvement Project funded by Community Development Block Grant-Coronavirus Aid, Relief, and Economic Security (CARES) (CDBG-CV3) grant from the County of Orange;
• Complete work on City-wide user fee study;
• Continue to enforce City’s anti-camping regulations; and, • Continue work on sale of Tina Pacific Neighborhood.

Acknowledgements
We would like to thank the members of the City Council for their leadership and the City’s Senior Staff for their commitment to maintaining the highest standards of professionalism in managing the City’s operations and finances. Also, the preparation of this report would not have been possible without the

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Government Finance Officers Association
Certificate of
Achievement
for Excellence
in Financial
Reporting
Presented to
City of Stanton
California
For its Annual Comprehensive
Financial Report
For the Fiscal Year Ended
June 30, 2021
Executive Director/CEO
vii

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CITY OF STANTON
Organizational Structure
as of June 30, 2022
viii
Stanton Residents

CITY COUNCIL
David J. Shawver, Mayor
Rigoberto A. Ramirez, Mayor Pro-Tem
Gary Taylor, Councilmember
Hong Alyce Van, Council Member
Carol Warren, Council Member

INTERIM CITY MANAGER
Zenia Bobadilla
Administration
Information Technology
Personnel and Risk Management
City Clerk
Patricia A. Vazquez
Administration
Council Support
Elections
Records Management
Finance
Michelle Bannigan
Administration
Accounting / Payroll
Budget & Financial Planning
Business License
Debt Service
Treasury
Public Safety
James J. Wren
Administration
Ambulance Services
Animal Control
Code Enforcement
Emergency Preparedness
Homeless Services
Parking Control
Public Works
Joe Ames
Administration
CIP Administration
Crossing Guards
Engineering
Fleet Maintenance
Graffiti Abatement
Parks Maintenance
Public Facilities Maintenance
Sewer Maintenance
Storm Drain Maintenance
Street Lighting
Street Maintenance
Community & Economic
Development
Jennifer Lilley
Administration
Building Regulation
CDBG/Housing
Economic Development
Planning
Community
Services
Zenia Bobadilla
Administration
Public Information
Facility Rentals
FaCT Program
Recreation Programs
Senior Services
Special Events
Stanton Family Resource
Center
Fire Services (OCFA)
Chief Steve Dohman
Administration
Fire Protection
Police Services (OCSD)
Captain Charles Walters
Administration
Crime Prevention
Investigations
Parking Enforcement
Patrol
Supervision
Traffic
City Attorney
HongDao Nguyen
Best Best & Krieger LLP

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CITY OF STANTON, CALIFORNIA

LIST OF PRINCIPAL OFFICIALS
AS OF JUNE 30, 2022
ix
Interim City Manager ...................................................................................................... Zenia Bobadilla City Clerk................................................................................................................... Patricia A. Vazquez Community & Economic Development Director ................................................................. Jennifer Lilley Community Services Director .......................................................................................... Zenia Bobadilla Finance Director/City Treasurer .................................................................................. Michelle Bannigan Public Safety Services Director ........................................................................................ James J. Wren Public Works Director/City Engineer ........................................................................................ Joe Ames City Attorney (Best, Best & Krieger LLP) ..................................................................... HongDao Nguyen Chief of Police Services (O.C. Sheriff Department) ........................................... Captain Charles Walters Orange County Fire Authority Division Chief ................................................................... Steve Dohman

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FINANCIAL SECTION

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1 The Honorable Mayor and
Members of the City Council
of the City of Stanton, California
Stanton, California
INDEPENDENT AUDITORS’ REPORT
Opinions
We have audited the accompanying financial statements of the governmental activities, each major fund, and the aggregate remaining fund information of the City of Stanton, California, as of and for the year ended June 30, 2022, and the related notes to the financial statements, which collectively comprise the City of Stanton, California’s basic financial statements as listed in the table of contents.

In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activity, each major fund, and the aggregate remaining fund information of the City of Stanton, California, as of June 30, 2022, and the respective changes in financial position for the year then ended in accordance with accounting principles generally accepted in the United States of America.

Emphasis of Matter
As described in Note 1 to the basic financial statements, the City adopted the provisions of Governmental Accounting Standards Board Statement No. 87, 89, 90, 93, and 97. Our opinion is not modified with respect to this matter.

Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of America Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the City of Stanton, California, and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.

Responsibilities of Management for the Financial Statements Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the City of Stanton, California’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.

Auditor’s Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with generally accepted auditing standards will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.
438 Old Newport Blvd – Newport Beach, CA 92663
Phone (949) 346-2900 – www.gruberlopezinc.com

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The Honorable Mayor and
Members of the City Council
of the City of Stanton, California
2 In performing an audit in accordance with generally accepted auditing standards, we:
 Exercise professional judgment and maintain professional skepticism throughout the audit.  Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.  Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the City of Stanton, California’s internal control. Accordingly, no such opinion is expressed.
 Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
 Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the City of Stanton, California’s ability to continue as a going concern for a reasonable period of time.

We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control-related matters that we identified during the audit.

Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis, the schedules of proportionate share of the net pension liability and the schedules of contributions for the CalPERS miscellaneous and safety pension plans, the schedule of changes in the net other postemployment benefit (OPEB) liability (asset) and related ratios, and the budgetary comparison schedules for the General Fund and Major Special Revenue Funds, identified as Required Supplementary Information (RSI) in the accompanying table of contents, be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the RSI in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the RSI because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

Supplementary Information
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the City of Stanton’s basic financial statements. The introductory section, the combining and individual fund financial statements and schedules, and statistical section, as listed in the table of contents, are presented for purposes of additional analysis and are not a required part of the basic financial statements.

Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. The information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the combining and individual nonmajor fund financial statements are fairly stated, in all material respects, in relation to the basic financial statements as a whole.

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The Honorable Mayor and
Members of the City Council
of the City of Stanton, California
3 Other Information
Management is responsible for the other information included in the annual report. The other information comprises the introductory and statistical sections but does not include the basic financial statements and our auditor’s report thereon. Our opinions on the basic financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereon.

In connection with our audit of the basic financial statements, our responsibility is to read the other information and consider whether a material inconsistency exists between the other information and the basic financial statements, or the other information otherwise appears to be materially misstated. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report.

Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated February 16, 2023, on our consideration of the City of Stanton’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the City of Stanton’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City of Stanton’s internal control over financial reporting and compliance.

Gruber and Lopez, Inc.

Newport Beach, California
February 16, 2023
Gruber and Lopez, Inc.

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5 MANAGEMENT’S DISCUSSION AND ANALYSIS
As management of the City of Stanton (City), we offer readers of the City’s financial statements this narrative overview and analysis of the financial activities of the City for the fiscal year ended June 30, 2022. Please read it in conjunction with the accompanying transmittal letter at the front of this report, and the basic financial statements, which follow this section.

FINANCIAL HIGHLIGHTS
• The assets and deferred outflows of resources of the City exceeded its liabilities and deferred inflows of resources on June 30, 2022, by $155.4 million. This amount is referred to as the net position of the City. Of this amount, $30.4 million is unrestricted net position and may be used to meet the City’s ongoing obligations to citizens and creditors.
• During fiscal year 2021-22, the City’s overall net position increased by $6.5 million primarily as the result of a reduction in pension and public works expenses during the year.
• The City’s total long-term liabilities, which includes net pension liability, decreased by $5.0 million, or 68.6% during the fiscal year ended June 30, 2022, to a total outstanding amount of $2.3 million, primarily due to a $4.7 million reduction in the City’s net pension liability.
• As of June 30, 2022, the City’s governmental funds (the General Fund, Special Revenue, and Capital Projects funds) reported combined ending fund balances of $52.2 million. Governmental fund expenditures and other financing uses exceeded revenues and other financing sources by $644,348 during fiscal year 2021-22. Of the $52.2 million combined ending fund balances on June 30, 2022, $15.8 million is categorized as unassigned, $0.4 million is categorized as assigned, $9.9 million is categorized as committed, $23.5 million is categorized as restricted, and $2.6 million is categorized as non-spendable. More detailed information regarding these amounts can be found in Note 13 in the Notes to Basic Financial Statements. • The combined $16.0 million of assigned and unassigned fund balance of the General Fund represented 52.9% of total General Fund revenues including transfers in.

OVERVIEW OF THE FINANCIAL STATEMENTS
The discussion and analysis are intended to serve as an introduction to the City’s basic financial statements. The City’s basic financial statements comprise three components:
1) government-wide financial statements, 2) fund financial statements, and 3) notes to

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6 the basic financial statements. This report also consists of supplementary information in addition to the basic financial statements.

Government-wide financial statements. The government-wide financial statements are designed to provide readers with a broad overview of the City’s finances, in a manner similar to a private-sector business. There are two government-wide financial statements:
the Statement of Net Position and the Statement of Activities. They present information for the government as a whole and present a longer-term view of the City’s finances.

These two statements help to answer the question: “Is the City as a whole better off or worse off as a result of this year’s activities?”
The Statement of Net Position presents information on all of the City’s assets, deferred outflows of resources, liabilities, and deferred inflows of resources with the difference reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the City is improving or deteriorating.

The Statement of Activities presents information showing how the government’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying events giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in the future fiscal periods (e.g., uncollected taxes and earned but unused vacation leave).

Both of the government-wide financial statements distinguish functions of the City that are principally supported by taxes and intergovernmental revenues (governmental activities) from other functions that are intended to recover all or a significant portion of their costs through user fees and charges (business-type activities). The governmental activities of the City include general government, public safety, community development, public works and culture and recreation. The business-type activities of the City include sewer activities.

Government-wide financial statements. The government-wide financial statements include not only the City itself (known as the primary government), but also the Stanton Housing Authority (“Housing Authority”), a legally separate entity. The Housing Authority functions for all practical purposes as an integral part of the City, and therefore, is included in the accompanying financial statements as a part of the primary government as a blended component unit.

Fund financial statements. A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The City, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. All of the funds of the City can be divided into three categories: governmental funds, proprietary funds, and fiduciary funds.

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7 Governmental funds. Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances on spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a government’s near-term financing requirements.

Because the focus of governmental fund is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the governmentwide financial statements. By doing so, readers may better understand the long-term impact of the government’s near-term financing decisions.

Both the governmental fund balance sheet and governmental fund statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.

The City maintains various individual governmental funds. Information is presented separately in the governmental fund balance sheet and in the governmental fund statement of revenues, expenditures, and changes in fund balances for the: General Fund, Housing Authority Special Revenue Fund, and Lighting and Median Maintenance Special Revenue Fund, all of which are considered major funds. Data from other governmental funds are combined into a single, aggregate presentation. Individual fund data for each of these other governmental funds is provided in the form of combining statements elsewhere in this report.

The City adopts an annual budget for its governmental and proprietary funds. Annual appropriations are approved prior to the beginning of the year. A budgetary comparison schedule has been provided for each of the governmental funds for which a budget was adopted to demonstrate compliance with this budget. The definition of the General Fund for purposes of these audited financial statements is different than for budgetary purposes. For budgeting purposes, the Transaction and Use Tax Fund and the Expendable Deposits Fund are separated from the General Fund. However, these funds have been combined into the General Fund for these financial statements. Individual fund data for these funds is provided in the form of combining statements in the supplementary information section of this report.

Proprietary funds. The City maintains two different types of proprietary funds.

Enterprise funds are used to report the same functions presented as business-type activities in the government-wide financial statements. The City uses enterprise funds to account for its sewer operations. Internal service funds are an accounting device used to accumulate and allocate costs internally among the City’s various functions. The City uses internal service funds to account for its workers’ compensation insurance activities, liability/risk management activities, employee benefits activities, and fleet maintenance activities.

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8 Proprietary funds provide the same type of informational date as the government-wide financial statements, only in more detail. The proprietary fund financial statements provide separate information for the sewer operations, which is considered to be a major fund of the City. Conversely, all internal service funds are combined into a single, aggregated presentation in the proprietary fund financial statements. Individual fund data for the internal service funds is provided in the form of combining statements in the supplementary information section of this report.

Fiduciary funds. Fiduciary Funds are used to account for resources held for the benefit of parties outside the government. Fiduciary funds are not reflected in the governmentwide financial statement because the resources of those funds are not available to support the City’s own programs. The accounting used for fiduciary funds is much like that used for proprietary funds. The City utilizes two private-purpose trust funds to account for the assets, liabilities, and activities of the Successor Agency to the dissolved Stanton Redevelopment Agency and the North Orange County Public Safety Collaborative.

Notes to Basic Financial Statements. The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements.

Other information. In addition to the basic financial statements and accompanying notes, this report also presents certain required supplementary information concerning the City’s budgetary policies and supplementary information on the City’s defined benefit plans.

The combining statements referred to earlier in connection with General Funds, other governmental funds and internal service funds are presented immediately following the required supplementary information as supplementary information. The City’s supplementary information section also presents budgetary schedules for individual governmental funds and combining statements for the fiduciary funds.

FINANCIAL ANALYSIS OF THE GOVERNMENT-WIDE STATEMENTS
As noted earlier, net position may serve over time as a useful indicator of a government’s financial position. In the case of the City, assets and deferred outflows exceeded liabilities by $155.4 million as of June 30, 2022. In comparison, net position was $148.9 million as of June 30, 2021.

The largest portion of the City’s net position on June 30, 2022, ($94.8 million or 61.0% of total net position), reflects its investment in capital assets (e.g., land, infrastructure, buildings, improvements, and equipment). The City uses these capital assets to provide services to citizens; consequently, these assets are not available for future spending.

Although the City’s investment in its capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities.

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9 An additional $23.5 million of the City’s net position is restricted net position, representing resources that are subject to external restrictions or enabling legislation on how they may be used. The breakdown of restricted net positions by functions is as follows: 1) low- and moderate-income housing projects ($13.4 million); 2) public safety for restricted grants and fees ($0.6 million); 3) community development for restricted grants and fees ($0.3 million); 4) public works for restricted grants and fees ($5.0 million); and 5) culture and recreation for restricted grants and fees ($5.1 million).

The remaining $37.1 million is unrestricted net position, which may be used to meet the government’s ongoing obligations to citizens and creditors. Unrestricted net position increased $6.7 million, or 22.0%, from June 30, 2021.

A summary of the government-wide Statement of Net Position follows:

At the end of the current fiscal year, the City’s overall net position increased by $6.5 million. The fiscal year 2021-22 governmental activities resulted in an increase in net position of $5.9 million. The fiscal year 2021-22 business type activities resulted in an increase in net position of $0.6 million. Additional information has been provided below for a more detailed discussion of the City’s governmental activities and business-type activities.
2022 2021 2022 2021 2022 2021 Change
Current and other assets $ 63,800,679 $ 54,611,859 $ 6,065,859 $ 5,348,470 $ 69,866,538 $ 59,960,329 16.5% Capital assets, net 89,960,892 92,106,906 4,827,134 4,970,607 94,788,026 97,077,513 -2.4% Total assets 153,761,571 146,718,765 10,892,993 10,319,077 164,654,564 157,037,842 4.9% Deferred outflows of resources 4,329,558 1,846,023 - 4,503 4,329,558 1,850,526 134.0% Long-term liabilities 2,265,143 7,252,446 768 25,622 2,265,911 7,278,068 -68.9% Other liabilities 5,426,647 1,864,105 144,805 133,376 5,571,452 1,997,481 178.9% Total liabilities 7,691,790 9,116,551 145,573 158,998 7,837,363 9,275,549 -15.5% Deferred inflows of resources 5,754,674 750,212 - 618 5,754,674 750,830 666.4% Net position:
89,960,892 92,106,906 4,827,134 4,970,607 94,788,026 97,077,513 -2.4% Restricted 23,551,709 21,411,322 - - 23,551,709 21,411,322 10.0% Unrestricted 31,132,064 25,179,797 5,920,286 5,193,357 37,052,350 30,373,154 22.0% Total net position $ 144,644,665 $ 138,698,025 $ 10,747,420 $ 10,163,964 $ 155,392,085 $ 148,861,989 4.4% Net investment in capital assets

CITY OF STANTON
Governmental
Activities
Business-type
Activities Totals

NET POSITION AT YEAR END

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10 A summary of the government-wide Statement of Activities follows:

Governmental activities
During the current fiscal year, the City’s net position for governmental activities increased by $5.9 million from the prior fiscal year. The following table summarizes and presents governmental activities revenue by source and percentages for the fiscal year ended June 30, 2022, along with the percentage changes from the prior year:
2022 2021 2022 2021 2022 2021 % Change
Revenues:

Program Revenues:

Charges for services $ 6,658,243 $ 8,915,668 $ 1,312,065 $ 2,235,352 $ 7,970,308 $ 11,151,020 -28.5% Operating grants and contributions 4,919,300 5,697,844 - - 4,919,300 5,697,844 -13.7% Capital grants and contributions 43,328 35,081 - - 43,328 35,081 23.5% General revenues:

Taxes:

Property taxes 8,512,488 7,561,831 188,097 165,692 8,700,585 7,727,523 12.6% Sales taxes 5,414,556 4,682,029 - - 5,414,556 4,682,029 15.6% Transaction and use taxes 5,993,735 4,991,100 - - 5,993,735 4,991,100 20.1% Transient occupancy taxes 670,954 569,293 - - 670,954 569,293 17.9% Franchise taxes 1,090,057 1,105,276 - - 1,090,057 1,105,276 -1.4% Utility user taxes 2,122,661 1,990,690 - - 2,122,661 1,990,690 6.6% Other taxes 361,335 345,315 - - 361,335 345,315 4.6%
Investment earnings, unrestricted (953,228) 959,781 (58,122) 12,343 (1,011,350) 972,124 -204.0% Miscellaneous 608,362 95,045 - - 608,362 95,045 540.1%
Total revenues 35,441,791 36,948,953 1,442,040 2,413,387 36,883,831 39,362,340 -6.3% Expenses:

General government 3,767,048 4,848,332 - - 3,767,048 4,848,332 -22.3% Public safety 18,643,242 21,046,456 - - 18,643,242 21,046,456 -11.4% Community development 2,574,453 3,696,528 - - 2,574,453 3,696,528 -30.4% Public works 2,208,440 4,652,371 - - 2,208,440 4,652,371 -52.5% Culture and recreation 2,307,801 2,301,778 - - 2,307,801 2,301,778 0.3% Interest on long-term debt 12,943 25,823 - - 12,943 25,823 -49.9% Sewer enterprise - - 839,808 1,531,447 839,808 1,531,447 -45.2% Total expenses 29,513,927 36,571,288 839,808 1,531,447 30,353,735 38,102,735 -20.3% Increase (decrease) in net
position before transfers 5,927,864 377,665 602,232 881,940 6,530,096 1,259,605 418.4% Transfers 18,776 81,616 (18,776) (81,616) - - 0.0%
Change in Net Position 5,946,640 459,281 583,456 800,324 6,530,096 1,259,605 418.4% Net position, beginning of year 138,698,025 138,238,744 10,163,964 9,363,640 148,861,989 147,602,384 0.9% Net position, end of year $ 144,644,665 $ 138,698,025 $ 10,747,420 $ 10,163,964 $ 155,392,085 $ 148,861,989 4.4%

CITY OF STANTON

CHANGE IN NET POSITION
Activities
Governmental Business-type
Activities Totals

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11 Revenues decreased by $1.5 million, or 4.1%, from the prior year. Charges for services decreased by $2.3 million, or 25.3%, in fiscal year 2021-22 due to one-time public benefit fees collected for the Brookfield and KB Homes residential development projects during fiscal year 2020-21 and less building permit revenue collected due to an overall reduction in development activity in fiscal year 2021-22. The City issued 757 permits with a valuation of $59.7 million during fiscal year 2021-22, compared to 806 permits with a valuation of $82.8 million that were issued during the previous fiscal year. Operating grants and contributions decreased by $0.8 million, or 13.7%. The City received $382,152 less in funding from the North Orange County Public Safety Collaborative during fiscal year 2021-22 compared to the previous fiscal year. In addition, the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 grant program was completed during fiscal year 2020-21. Sales and transaction and use taxes increased $1.7 million, or 17.9%, due to increased retail sales in quick service restaurants, significantly higher fuel prices, and increased online sales activity. Property taxes increased $0.9 million, or

12.6%, due to increases in the City’s assessed valuation. Other taxes increased $0.2 million, or 5.8%, primarily due to increased transient occupancy tax and utility user tax revenue collected during the current fiscal year. Transient occupancy taxes increased by Increase
(Decrease) Percent
Fiscal Year Percent From Increase
FUNCTION 2021-22 of Total 2020-21 (Decrease)
Charges for services $ 6,658,243 18.8% (2,257,425) $ -25.3% Operating grants and contributions 4,919,300 13.9% (778,544) -13.7% Capital grants and contributions 43,328 0.1% 8,247 23.5% Sales, transaction, and use taxes 11,408,291 32.2% 1,735,162 17.9% Property taxes 8,512,488 24.0% 950,657 12.6%
Other taxes 4,245,007 12.0% 234,433 5.8%
Other (344,866) -1.0% (1,399,692) -132.7%
TOTAL REVENUES $ 35,441,791 100.0% (1,507,162) $ -4.1%

GOVERNMENTAL ACTIVITIES
Revenues by Source
Charges for services

18.8%
Operating grants and
contributions

13.9%
Capital grants and
contributions

0.1%
Sales, transaction,
and use taxes

32.2%
Property taxes

24.0%
Other taxes

12.0%
Other
-1.0%

GOVERNMENTAL ACTIVITIES
Revenues by Source
Fiscal Year 2021-22

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12 $0.1 million during fiscal year 2021-22, primarily due to increased occupancy. Utility user taxes increased by $0.1 million during fiscal year 2021-22, primarily due to increased revenue from electricity and water customers. Other revenue sources decreased by $1.4 million, or 132.7%, primarily due to reduced investment earnings realized during fiscal year 2021-22. The average yield on the City’s investment portfolio was 0.7% during fiscal year 2021-22 compared to an average yield of 1.1% in fiscal year 2020-21.

The cost of all governmental activities during fiscal year 2021-22 was $29.5 million, a reduction of $7.1 million, or 19.3%, from the previous fiscal year. The following table summarizes and presents governmental activities expenses by function and percentages for the fiscal year ended June 30, 2022, along with the percentage changes from the prior year.

General government expenses decreased by $1.1 million, or 22.3%. During fiscal year 2020-21, the City provided over 170 small business loans, totaling $1.1 million, to Stanton businesses that were negatively impacted by Coronavirus pandemic (COVID-19). The Increase
(Decrease) Percent
Fiscal Year Percent From Increase
FUNCTION 2021-22 of Total 2020-21 (Decrease)
General government $ 3,767,048 12.8% (1,081,284) $ -22.3% Public safety 18,643,242 63.2% (2,403,214) -11.4%
Community development 2,574,453 8.7% (1,122,075) -30.4% Public works 2,208,440 7.5% (2,443,931) -52.5%
Culture and recreation 2,307,801 7.8% 6,023 0.3%
Interest on long-term debt 12,943 0.0% (12,880) -49.9%
TOTAL EXPENSES $ 29,513,927 100.0% $ (7,057,361) -19.3% Expenses by Function

GOVERNMENTAL ACTIVITIES
General
government

12.8%
Public safety

63.2%
Community
development

8.7%
Public works

7.5%
Culture and
recreation

7.8%

GOVERNMENTAL ACTIVITIES
Expenses by Function
Fiscal Year 2021-22

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13 small business loans were funded by CARES Act grant funds and the County of Orange’s General Fund. Public safety expenses decreased by $2.4 million, or 11.4%, from last year. On September 20, 2020, the City approved a $5 million funding commitment for permanent supportive housing projects located in Stanton (part of the State’s Project Homekey Program). During fiscal year 2020-21, the City paid $2.6 million of this funding commitment. Community development expenses decreased by $1.1 million, or 30.4%, primarily due to reduced contracted building inspection and building plan check services (which is consistent with the reduction of charges for services revenues during fiscal year 2021-22 as well). Public works expenses decreased by $2.4 million, or 52.5%, primarily due to the disposition of capital assets in fiscal year 2020-21 that resulted in a total loss of $1.4 million. The City sold two parcels to Habitat for Humanity for $210,100, resulting in a loss of $1.0 million. In addition, the City demolished the buildings located at 8881 Pacific Avenue and 8931 Pacific Avenue, which resulted in an additional loss on disposal of the $.4 million (the net book value of the assets) in the previous fiscal year.

FINANCIAL ANALYSIS OF THE CITY’S FUNDS
As noted earlier, the City uses fund accounting to ensure compliance with finance-related legal requirements.

Governmental funds:

The focus of the City’s governmental funds is to provide information on near-term inflows, outflows, and balances of spending resources. Such information is useful in assessing the City’s financing requirements. In particular, unassigned fund balance may serve as a useful measure of a government’s net resources available for discretionary spending as this category of fund balance represents the portion of fund balance which has not yet been limited to use for a particular purpose by either an external party, the City itself, or a group or individual that has been delegated authority to assign resources for use for particular purposes by the City Council.

As of June 30, 2022, the City’s governmental funds reported combined fund balances of $52.2 million. Approximately, $15.8 million consists of unassigned fund balance, which is available for spending at the City’s discretion. The remainder of the fund balance is either nonspendable, restricted, committed or assigned to indicate that it is: 1) not in spendable form ($2.6 million), 2) legally required to be spent on specific uses or maintained intact through a federal, state, or local law or contractual obligation ($23.5 million), 3) committed for a specific purpose by City Council resolution ($9.9 million), or 4) assigned for a particular purpose ($0.4 million). Refer to Note 13 in the Notes to Basic Financial Statements for more detailed information regarding nonspendable, restricted, committed, assigned, and unassigned fund balances.

General Fund. The General Fund is the City’s chief operating fund. As of June 30, 2022, the total fund balance of the General Fund was $28.5 million, an increase of $4.3 million, or 17.7%.

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14 The City’s nonspendable fund balance includes prepaid items, advances to other funds, and the current portion of outstanding notes and loans receivable. On March 23, 2021, the City Council authorized a loan from the General Fund to the Lighting and Median Maintenance Special Revenue Fund in a principal amount not to exceed $959,440, to pay off the City’s capital lease agreement with Bank of the West. Additional information regarding the interfund advance can be found in Note 5 in the Notes to the Basic Financial Statements. Also, in April 2021, the City provided Rodeo 39 Public Marketplace, LLC with a forgivable loan of $2.3 million. Refer to Note 6 in the Notes to Basic Financial Statements for additional information.

The City’s committed fund balance includes reserves for: emergency equipment and maintenance ($150,000); technology equipment ($150,000); emergency disaster contingency ($2.9 million); and capital improvement ($5.0 million). In addition, $1.7 million the City Council committed certain developer contributions through resolution for beautification, neighborhood preservation, and public benefit projects.

The City’s discretionary fund balance (assigned and unassigned amounts) includes a $5.7 million reserve for economic uncertainty. The City’s discretionary fund balance on June 30, 2022, was $16.0 million, or 56.2% of total General Fund balance.

Additional information on the City’s General Fund balance can be found in Note 13 in the Notes to the Basic Financial Statements.

Housing Authority Special Revenue Fund. As of June 30, 2022, the Housing Authority Special Revenue Fund reported a restricted fund balance of $13.4 million, which represents a decrease of $0.6 million, or 4.6%, from the prior fiscal year. The reduction is due to unrealized loss on investments due to the change in market value of the Housing Authority’s portfolio during fiscal year 2021-22 as well as $890,000 reimbursed to the General Fund for the acquisition of 11870 Beach Boulevard.

Lighting and Median Maintenance Special Revenue Fund. As of June 30, 2022, the Lighting and Median Maintenance Special Revenue Fund reported a restricted fund balance of $0.9 million, which represents an increase of $0.4 million, or 91.8%, from the prior fiscal year, primarily due to the payoff of the capital lease agreement with Bank of the West during fiscal year 2020-21. The total principal retirement paid was $1.1 million.

American Rescue Plan Act (ARPA) Special Revenue Fund. As of June 30, 2022, the ARPA Special Revenue Fund did not report a fund balance because revenue is being recognized as expenditures are incurred. The City received $4.6 million in ARPA revenue 2022 2021 $ Change % Change
Nonspendable $ 2,634,436 $ 2,488,780 $ 145,656 5.9%
Committed 9,856,296 8,661,735 1,194,561 -100.0%
Assigned 169,585 356,687.000 (187,102) 100.0%
Unassigned - contingency reserve 15,826,042 12,691,577 3,134,465 24.7% Total $ 28,486,359 $ 24,198,779 $ 4,287,580 17.7%

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15 during fiscal year 2021-22. As of June 30, 2022, $3.1 million is classified as unearned revenue until the funds are spent on eligible expenditures in subsequent fiscal years.

Proprietary Funds:

The proprietary funds provide the same type of information found in the government-wide financial statements, but in greater detail. The City operates one business-type activity for sewer operations.

Sewer Enterprise Fund. The Sewer Enterprise Fund’s unrestricted net position at the end of fiscal year 2021-22 was $5.9 million June 30, 2022, an increase of $0.7 million, or

14.06%, from the previous year. The Sewer Enterprise Fund’s total revenues decreased by $1.0 million, or 40.3% from the prior fiscal year due to less sewer connection fees collected on behalf of the Orange County Sanitation District (OC San) as a result of increased development activity within the City. All of these revenues were passed through to OC San. Total expenses in the Sewer Enterprise Fund decreased by $0.7 million, or

45.2%. However, after excluding the fees that were passed through to OC San, total expenses increased by $0.2 million, or 85.0%, due to increased contract costs for sewer maintenance services at the partial funding for a new Senior Public Works Inspector position in fiscal year 2021-22.

Internal Service Funds. As of June 30, 2022, the Internal Service Funds reported total unrestricted net position of $2.2 million, an increase of $2.1 million or 3551.9%, from the previous year. The City’s net pension liability decreased from $6.6 million to $1.9 million during fiscal year 2021-22 based on the plan information provided by California Public Employees’ Retirement System (CalPERS) as of June 30, 2021 (the most recent measurement date available).

GENERAL FUND BUDGETARY HIGHLIGHTS
In preparing the budget, the City attempts to estimate its revenues using realistic, but conservative, methods so as to budget its expenditure appropriations and activities in a prudent manner. As a result, the City Council adopts budget adjustments during the course of the fiscal year to reflect both changed priorities and availability of revenues to allow for the expansion of existing programs, if required.

For the year ended June 30, 2022, the General Fund reported a net increase in fund balance of $4.3 million. Actual revenues exceeded final budgeted amounts by $1.3 million, or 4.8% primarily due to the City collecting more revenue than expected, especially in taxes and assessments and charges for services. Taxes and assessments exceeded the final budget by $1.6 million, or 7.2%, primarily due to: property taxes, sales taxes, transaction and use taxes, and utility user taxes exceeding final budgeted amounts.

Property tax revenue exceeded the final budget because the actual residual redevelopment property tax revenue received from the State of California was higher than anticipated by $0.4 million. Sales taxes and transaction and use taxes exceeded the final budget by $0.8 million as significantly high fuel prices continued through most of fiscal

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16 year 2021-22. Utility user tax (UUT) revenue exceeded the final budget by $0.2 million.

The City’s fiscal year 2021-22 budget anticipated that total utility tax revenue would be 3% less than the previous fiscal year based on flat revenue receipts from the City’s largest UUT revenue generators and lower overall UUT revenue received from telephone companies in recent years. However, overall UUT revenue exceeded the fiscal year 2020- 21 budget by 9% due to increased rates from gas, electricity, and water providers.

Expenditures were less than final budgeted amounts by $1.1 million, or 4.2%. The budget savings can be attributed to the following: 1) $0.2 million was carried over to the fiscal year 2022-23 budget for projects that were started, but not completed during fiscal year 2021-22; 2) $0.2 million was from savings in the law enforcement contract with the County of Orange due to vacancy credits; and 3) $0.6 million consists of savings resulting from actual costs for professional services being less than the amount budgeted.

CAPITAL ASSET AND LONG-TERM LIABILITIES
Capital Assets
Total capital assets decreased by $2.3 million, or 2.4% from the prior fiscal year. Capital assets for business-type activities decreased by $0.1 million, or 2.9%, from the previous fiscal year, due to current year depreciation of capital assets. Capital assets for governmental activities decreased by $2.2 million, or 2.3%, from the previous fiscal year.

Significant changes in governmental activities capital asserts include:
• Land decreased by $0.3 million, or 0.8% due to the sale of the property at 7455 Katella to KB Home Coastal, Inc..
• Construction in progress increased by $0.4 million, or 100%, from the prior year because the City had a number of capital projects in design as of the end of fiscal year 2021-22.
• The remainder of the change in governmental activities capital assets is attributed to current year depreciation.

Additional information on the City’s capital assets can be found in Note 4 in the Notes to the Basic Financial Statements.
2022 2021 2022 2021 2022 2021 Change
Land $ 38,406,365 $ 38,732,365 $ - $ - $ 38,406,365 $ 38,732,365 -0.8% Construction in progress 426,706 - - - 426,706 - 100.0% Buildings and improvements 34,588,473 35,716,932 - - 34,588,473 35,716,932 -3.2% Equipment 58,932 79,483 - - 58,932 79,483 -25.9%
Vehicles 281,767 278,868 - - 281,767 278,868 1.0%
Sanitary plant - - 4,381,841 4,512,218 4,381,841 4,512,218 -2.9% General plant - - 445,293 458,389 445,293 458,389 -2.9% Infrastructure 16,198,649 17,299,258 - - 16,198,649 17,299,258 -6.4% Totals $ 89,960,892 $ 92,106,906 $ 4,827,134 $ 4,970,607 $ 94,788,026 $ 97,077,513 -2.4%

CAPITAL ASSETS
(Net of Depreciation)
Business-type
Activities
Governmental
Activities Totals

ATTACHMENT A

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17 Long-Term Liabilities
As of June 30, 2022, the City had total long-term liabilities outstanding of $2.3 million.

Total long-term liabilities decreased by $5.0 million, or 68.6% during fiscal year 2021-22.

The City’s net pension liability decreased by $4.7 million, or 70.6%. It is important to note that some of this change in liability was reclassified to “deferred outflows” (asset) and “deferred inflows” (liability) in accordance with accounting requirements of Government Accounting Standards Board (GASB) Statement No. 68. Additional information on the City’s long-term liabilities can be found in Note 7 in the Notes to the Basic Financial Statements.

ECONOMIC FACTORS AND NEXT YEAR’S BUDGET
Local governments throughout the State of California are challenged with funding increasing costs of operations with constrained resources. The City maintains a conservative approach to budgeting revenues and expenditures. Management takes an active role in monitoring the application of the budget during the fiscal year to apply any necessary changes to projected revenues as well as appropriated expenditures. The budget for fiscal year 2023-23 was projected with a modest revenue growth of 1.6% and expenditure growth of 6.0%. The General Fund budget was balanced with revenues exceeding appropriations by $0.2 million, after funding one-time expenditures of $0.4 million.

REQUESTS FOR INFORMATION
This financial report is designed to provide a general overview of the City’s finances for all those with an interest in the government’s finances. Questions concerning any of the information provided in this report or requests for additional information should be addressed to: Michelle Bannigan, Finance Director 7800 Katella Avenue, Stanton, California 90680.
2022 2021 2022 2021 2022 2021
%
Change
Net pension liability $ 1,931,124 $ 6,631,148 $ 22,918 $ 22,918 $ 1,954,042 $ 6,654,066 -70.6% Other post-employment benefits - 135,831 - - - 135,831 -100.0% Compensated absences 320,149 282,253 768 2,704 320,917 284,957 12.6% Claims payable 13,870 203,214 - - 13,870 203,214 -93.2% Totals $ 2,265,143 $ 7,252,446 $ 23,686 $ 25,622 $ 2,288,829 $ 7,278,068 -68.6%

LONG-TERM LIABILITIES
Governmental
Activities
Business-type
Activities Totals

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ATTACHMENT A

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19 BASIC FINANCIAL STATEMENTS

ATTACHMENT A

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ATTACHMENT A

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21 GOVERNMENT-WIDE FINANCIAL STATEMENTS

ATTACHMENT A

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Governmental Business-Type
Activities Activity Total

ASSETS AND DEFERRED

OUTFLOWS OF RESOURCES
Cash and investments (Note 3) 52,761,220 $ 6,035,051 $ 58,796,271 $ Restricted cash and investments
held in pension trust (Note 3) 3,980,189 - 3,980,189
Receivables 2,984,028 30,808 3,014,836
Due from other governments 1,081,583 - 1,081,583
Prepaid items 148,665 - 148,665
Notes and loans receivable (Note 6) 2,810,342 - 2,810,342 Net OPEB Asset (Note 12) 34,652 - 34,652
Capital assets: (Note 4)
Non-depreciable 38,833,071 38,833,071 -
Depreciable, net 4,827,134 51,127,821 55,954,955
Total assets 10,892,993 153,761,571 164,654,564
Deferred pension related items (Note 11) 3,900,975 - 3,900,975 Deferred OPEB related items (Note 12) - 428,583 428,583 Total deferred outflows of resources - 4,329,558 4,329,558

LIABILITIES AND DEFERRED

INFLOWS OF RESOURCES
Accounts payable 1,750,881 144,805 1,895,686
Accrued liabilities 491,531 - 491,531
Deposits payable 12,700 - 12,700
Unearned revenue 3,171,535 - 3,171,535
Long-term liabilities:

Due within one year (Note 7) 177,339 768 178,107
Due within more than one year (Note 7) 156,680 - 156,680 Net pension liability (Note 11) - 1,931,124 1,931,124
Total liabilities 145,573 7,691,790 7,837,363
Deferred Pension related items (Note 11) 5,540,607 - 5,540,607 Deferred OPEB related items (Note 12) 214,067 - 214,067 Total deferred inflows of resources - 5,754,674 5,754,674

NET POSITION
Net investment in capital assets 89,960,892 4,827,134 94,788,026 Restricted for:

Low and moderate income housing 13,432,239 - 13,432,239 Public safety 645,192 - 645,192
Community development 264,538 - 264,538
Public works 5,071,454 - 5,071,454
Culture and recreation 4,138,286 - 4,138,286
Unrestricted 5,920,286 31,132,064 37,052,350
Total net position $ 10,747,420 144,644,665 $ 155,392,085 $

CITY OF STANTON
Statement of Net Position
June 30, 2022
Primary Government
See accompanying notes to the basic financial statements. 23 ATTACHMENT A

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Operating Capital
Charges for Grants and Grants and
Expenses Services Contributions Contributions
Governmental activities:

General government 3,767,048 $ 87,045 $ 1,093,199 $ -$
Public safety 18,643,242 2,024,026 543,444 -
Community development 2,574,453 3,878,142 58,760 -
Public works 2,208,440 21,500 2,444,679 43,328
Culture and recreation 2,307,801 647,530 779,218 -
Interest and fiscal charges - 12,943 - -
Total governmental activities 29,513,927 6,658,243 4,919,300 43,328 Business-type activities:

Sewer enterprise 1,312,065 839,808 - -
Total $ 30,353,735 7,970,308 $ 4,919,300 $ 43,328 $

CITY OF STANTON
Statement of Activities
For the Year Ended June 30, 2022
Program Revenues
Functions/Programs
See accompanying notes to the basic financial statements. 24 ATTACHMENT A

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Governmental Business-type
Activities Activity Total
Governmental activities:

General government (2,586,804) $ - $ (2,586,804) $
Public safety (16,075,772) - (16,075,772)
Community development 1,362,449 - 1,362,449
Public works 301,067 - 301,067
Culture and recreation (881,053) - (881,053)
Interest and fiscal charges (12,943) - (12,943)
Total governmental activities (17,893,056) - (17,893,056) Business-type activities:

Sewer enterprise - 472,257 472,257
Total 472,257 (17,893,056) (17,420,799)
General revenues:

Taxes:

Property taxes 8,512,488 188,097 8,700,585
Sales taxes 5,414,556 - 5,414,556
Transactions and use taxes 5,993,735 - 5,993,735
Transient occupancy taxes 670,954 - 670,954
Franchise taxes 1,090,057 - 1,090,057
Utility user taxes 2,122,661 - 2,122,661
Other taxes 361,335 - 361,335
Investment earnings (loss) (953,228) (58,122) (1,011,350) Gain on gain of sale of capital assets 430,902 - 430,902 Miscellaneous 177,460 - 177,460
Transfers (18,776) 18,776 -
Total general revenues and transfers 23,839,696 111,199 23,950,895 Change in net position 5,946,640 583,456 6,530,096
Net position - beginning of year 138,698,025 10,163,964 148,861,989 Net position - end of year 144,644,665 $ 10,747,420 $ 155,392,085 $ Functions/Programs

CITY OF STANTON
Statement of Activities (Continued)
For the Year Ended June 30, 2022
Changes in Net Position
Net (Expenses) Revenue and
See accompanying notes to the basic financial statements. 25 ATTACHMENT A

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ATTACHMENT A

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27 GOVERNMENTAL FUNDS

ATTACHMENT A

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Lighting American Nonmajor Total
Housing and Median Rescue Governmental Governmental
General Authority Maintenance Plan Act Funds Funds
Cash and investments $ 12,433,996 24,644,942 $ $ 1,747,665 $ 3,157,707 $ 9,313,784 $ 51,298,094 Receivables:

Accounts 534,339 23,273 - - - 557,612
Interest 60,575 24,722 - - 6,469 91,766
Taxes 2,315,575 - 9,623 - 7,730 2,332,928
Prepaid costs 46,681 780 - - - 47,461
Due from other funds (Note 5) 18,827 - - - - 18,827
Due from other governments 256,404 - 22,614 - 530,772 809,790 Notes and loans receivable 1,792,342 1,018,000 - - 2,810,342 - Advance to other funds (note 5) - 795,413 - - - 795,413 Total assets $ 13,500,771 30,465,098 $ 1,779,902 $ 3,157,707 $ 9,858,755 $ 58,762,233 $ Liabilities:

Accounts payable 1,204,724 $ 54,962 $ 54,079 $ 20,571 $ 406,625 $ 1,740,961 $ Accrued liabilities 491,531 - - - - 491,531
Deposits payable - 12,700 - - - 12,700
Due to other funds (Note 5) - - - - 18,827 18,827
Advances from other funds (Note 5) - - 795,413 - - 795,413 Unearned revenues 870 33,529 - 3,137,136 - 3,171,535
Total liabilities 68,532 1,729,784 849,492 3,157,707 425,452 6,230,967 Deferred Inflows of Resources:

Unavailable revenue 248,955 - 22,614 - 98,757 370,326
Total deferred inflows
of resources 248,955 - 22,614 - 98,757 370,326
Fund Balances: (Note 13)
Nonspendable 2,634,436 - - - 2,634,436 -
Restricted - 13,432,239 907,796 - 9,151,713 23,491,748
Committed 9,856,296 - - - 9,856,296 -
Assigned 169,585 - - - 244,243 413,828
Unassigned 15,826,042 - - - (61,410) 15,764,632
Total fund balances 13,432,239 28,486,359 907,796 - 9,334,546 52,160,940 Total liabilities, deferred
inflows of resources
and fund balances $ 13,500,771 30,465,098 $ 1,779,902 $ 3,157,707 $ 9,858,755 $ 58,762,233 $

LIABILITIES, DEFERRED INFLOWS

OF RESOURCES, AND FUND

BALANCES
ASSETS

CITY OF STANTON
Governmental Funds
June 30, 2022
Balance Sheet
Special Revenue Funds
See accompanying notes to the basic financial statements. 28 ATTACHMENT A

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Total Fund Balances - Total Governmental Funds $ 52,160,940 Nondepreciable 38,833,071
Depreciable, net of Internal Service Fund of $281,767 50,846,054 Total capital assets 89,679,125
Deferred Outflows of Resources - OPEB Related 428,583
Deferred Inflows of Resources - OPEB Related (214,067)
Net OPEB Asset 34,652
2,185,106
370,326
Net position of governmental activities $ 144,644,665

CITY OF STANTON
Reconciliation of the Governmental Funds Balance Sheet
to the Government-Wide Statement of Net Position
June 30, 2022
Amounts reported for governmental activities in the Statement of Net Position were reported differently because:

Certain revenues in the governmental funds are deferred inflows of resources because they are not collected within the prescribed time period after year-end. However, these revenues are included in the government-wide statements.

Capital assets used in governmental activities were not current financial resources.

Therefore, they were not reported in the Governmental Funds Balance Sheet.

The net OPEB liability applicable to the City's governmental activities is not due and payable in the current period and accordingly is not reported as fund liabilities. Deferred outflows of resources and deferred inflows of resources related to OPEB are only reported in the Statement of Net Position as the changes in these amounts effects only the government-wide statements for governmental activities.

Internal service funds are used by management to charge the costs of activities involved in rendering services to departments within the City. The assets and liabilities of the internal service funds are included in the statement of net position.

See accompanying notes to the basic financial statements. 29 ATTACHMENT A

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Lighting American Nonmajor Total
Housing and Median Rescue Governmental Governmental
General Authority Maintenance Plan Act Funds Funds
REVENUES:

Taxes and assessments 24,105,459 $ - $ 741,992 $ -$ $ 624,019 $ 25,471,470 Licenses and permits 1,037,171 - - - - 1,037,171
Intergovernmental 751,106 - 1,246,918 1,016 2,812,564 4,811,604 Charges for services 2,494,435 - 203,789 - 1,039,768 3,737,992 Fines and forfeitures 468,222 - - - - 468,222
Investment income (loss) (354,337) (120,362) - - (41,981) (516,680) Rental income 84,033 616,454 - - - 700,487
Miscellaneous 14,006 22,423 - - 65,358 101,787
Total revenues 510,098 28,608,512 946,797 1,246,918 4,499,728 35,812,053 EXPENDITURES:

Current:

General government 3,731,606 172,135 - 434,348 - 4,338,089 Public safety 17,480,621 111,593 499,391 406,925 233,652 18,732,182 Community development 1,877,724 756,657 - 154,562 49,583 2,838,526 Public works 1,075,440 - - 23,330 150,504 1,249,274
Culture and recreation 1,372,825 - - 172,686 779,408 2,324,919 Capital outlay 77,031 - - 10,448 402,294 489,773
Debt service:

Interest and fiscal charges - - 12,943 - - 12,943
Total expenditures 1,040,385 25,615,247 512,334 1,202,299 1,615,441 29,985,706

REVENUES OVER (UNDER)
EXPENDITURES (530,287) 2,993,265 434,463 44,619 2,884,287 5,826,347

OTHER FINANCING
SOURCES (USES):

Sale of capital assets - 756,902 - - - 756,902
Transfers in (Note 5) 1,620,672 19,843 - 11,360 684,892 2,336,767 Transfers out (Note 5) (890,000) (326,357) - (55,979) (1,176,985) (2,449,321) Total other financing
sources (uses) (113,255) 1,294,315 - (44,619) (492,093) 644,348

NET CHANGE IN
FUND BALANCE 4,287,580 (643,542) 434,463 - 2,392,194 6,470,695 Fund balances,
beginning of year 14,075,781 24,198,779 473,333 - 6,942,352 45,690,245 Fund balances, end of year 28,486,359 $ 13,432,239 $ 907,796 $ - $ 9,334,546 $ 52,160,940 $ Statement of Revenues, Expenditures, and Changes in Fund Balances

CITY OF STANTON
Governmental Funds
For the Year Ended June 30, 2022
Special Revenue Funds
See accompanying notes to the basic financial statements. 30 ATTACHMENT A

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Net Change in Fund Balances - Total Governmental Funds $ 6,470,695 Governmental activities in the Statement of Activities were reported differently because:

Capital asset purchases (314,026)
Depreciation expenses, less $96,494 of depreciation in internal service funds (2,265,789) Gain on disposition of capital assets 430,902
Total capital assets (2,148,913)
(17,820)
1,846,403
(203,725)
Change in net position of governmental activities $ 5,946,640 Certain revenues in the governmental funds are unavailable revenues because they are not collected within the prescribed time period after year-end. However, the revenues are included in the government-wide statements.

CITY OF STANTON
Reconciliation of the Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balance to the Governmental-wide Statement of Activities For the Year Ended June 30, 2022
Governmental funds report capital outlays as expenditures. However, in the statement of activities, the cost of those assets is allocated over the estimated useful lives as depreciation expense. This is the amount by which capital outlays exceed depreciation and retirements in the current period.

OPEB expenditures reported in the governmental funds includes the actuarial determined contributions. In the statement of activities, OPEB expense includes the change in the net OPEB liability (asset) and related change in OPEB amounts for deferred outflows of resources and deferred inflows of resources.

Internal service funds are used by management to charge the costs of activities involved in rendering services to departments within the City. The net income is reported with governmental activities. The assets and liabilities of the internal service funds are included in the statement of net position.

See accompanying notes to the basic financial statements. 31 ATTACHMENT A

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ATTACHMENT A

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33 PROPRIETARY FUNDS

ATTACHMENT A

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Business-Type Governmental
Activity Activities
Sewer Internal
Enterprise Service
Funds Funds
ASSETS
Current assets:

Cash and investments 6,035,051 $ 1,463,126 $
Restricted cash and investments held
in pension trust - 3,980,189
Receivables:

Accounts 5,120 -
Interest 9,308 1,722
Taxes 16,380 -
Prepaids - 101,204
Due from other governments - 271,793
Total current assets 6,065,859 5,818,034
Noncurrent assets:

Capital assets - net of accumulated depreciation 4,827,134 281,767 Total noncurrent assets 4,827,134 281,767
Total assets 6,099,801 10,892,993

DEFERRED OUTFLOWS OF RESOURCES
Deferred amount from pension plan 3,900,975 -
Total deferred outflows of resources - 3,900,975

LIABILITIES
Current liabilities:

Accounts payable 144,805 9,920
Claims and judgements payable - 13,870
Compensated absences payable 768 163,470
Total current liabilities 145,573 187,260
Noncurrent liabilities:

Compensated absences payable - 156,679
Net pension liability - 1,931,124
Total noncurrent liabilities - 2,087,803
Total liabilities 2,275,063 145,573

DEFERRED INFLOWS OF RESOURCES
Deferred amount from pension plan 5,540,607 -
Total deferred inflows of resources - 5,540,607

NET POSITION
Net investment in capital assets 4,827,134 281,767
Unrestricted 5,920,286 1,903,339
Total net position $ 2,185,106 10,747,420 $

CITY OF STANTON
Combining Statement of Net Position
Proprietary Funds
June 30, 2022
See accompanying notes to the basic financial statements. 34 ATTACHMENT A

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Business-Type Governmental
Activity Activities
Sewer Internal
Enterprise Service
Funds Funds
OPERATING REVENUES:

Charges for services 1,312,065 $ 1,872,456 $
Miscellaneous - 2,399,974
Total operating revenues 4,272,430 1,312,065
OPERATING EXPENSES:

Equipment maintenance and operation 83,024 75,097
Depreciation 143,474 96,494
Administrative and personnel services - 1,474,585
Insurance premiums and claims - 286,757
Contractual services 613,310 26,985
Total operating expenses 1,959,918 839,808
OPERATING INCOME 2,312,512 472,257
NON-OPERATING REVENUES (EXPENSES):

Property taxes 188,097 -
Investment income (loss) (58,122) (598,891)
Gain on sale of capital assets - 1,452
Total non-operating revenues (expenses) (597,439) 129,975 INCOME BEFORE TRANSFERS 1,715,073 602,232
Transfers in - 131,330
Transfers out (18,776) -
Total transfers 131,330 (18,776)
Change in net position 1,846,403 583,456
Net position (deficit), beginning of year 10,163,964 338,703 Net position, end of year 10,747,420 $ 2,185,106 $

CITY OF STANTON
Statement of Revenues, Expenses, and Changes in Net Position Proprietary Funds
For the year ended June 30, 2022
See accompanying notes to the basic financial statements. 35 ATTACHMENT A

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Business-Type Governmental
Activity Activities
Sewer Internal
Enterprise Service
Funds Funds
CASH FLOWS FROM OPERATING ACTIVITIES:

Cash received from customers $ 1,936,391 1,312,935 $
Cash paid to other suppliers of goods or services (701,209) (703,788) Cash paid to employees for salaries, wages, and benefits (28,003) (1,436,690) Net cash provided (used by) operating activities (204,087) 583,723 CASH FLOWS FROM NON-CAPITAL FINANCING ACTIVITIES:

Cash received from other funds 131,330 -
Cash received from property taxes 188,097 -
Net cash provided (used by) non-capital financing activities 131,330 188,097 CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES:

Acquisition and construction of capital assets - (99,393) Proceeds from sale of capital assets 1,452 -
Net cash provided (used by) capital and related financing activities (97,941) - CASH FLOWS FROM INVESTING ACTIVITIES:

Investment income (loss) (600,136) (63,487)
Net cash provided (used by) investing activities (600,136) (63,487) Net increase (decrease) in cash and cash equivalents 708,333 (770,834) Cash and equivalents, beginning of year 5,326,718 6,214,149 Cash and equivalents, end of year 6,035,051 $ 5,443,315 $

RECONCILIATION OF OPERATING INCOME (LOSS) TO
NET CASH (USED BY) OPERATING ACTIVITIES:

Operating income (loss) $ 2,312,512 472,257 $
Adjustments to reconcile operating income (loss)
to net cash provided (used) by operating activities:

Depreciation 96,494 143,474
Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable 870 5,788
(Increase) decrease in taxes receivable (4,562) -
(Increase) decrease in due from other governments - 26,133 (Increase) decrease in prepaid expense - (98,954)
(Increase) decrease in deferred outflows of resources 4,503 (1,278,470) Increase (decrease) in accounts payable (7,347) (26,651) Increase (decrease) in unearned revenue - (561)
Increase (decrease) in claims and judgements - (189,344) Increase (decrease) in compensated absences (1,936) 37,896 Increase (decrease) in net pension liability (22,918) (4,700,024) Increase (decrease) in deferred inflows of resources (618) 3,611,094 Total adjustments (2,516,599) 111,466
Net cash provided (used) by operating activities $ (204,087) 583,723 $

RECONCILIATION OF CASH AND CASH EQUIVALENTS

TO STATEMENT OF NET POSITION
Cash and investments $ 1,463,126 6,035,051 $
Restricted cash and investments held in pension trust - 3,980,189 Total cash and cash equivalents 6,035,051 $ 5,443,315 $

CITY OF STANTON
Statement of Cash Flows
Proprietary Funds
For the year ended June 30, 2022
See accompanying notes to the basic financial statements. 36 ATTACHMENT A

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37 FIDUCIARY FUNDS

ATTACHMENT A

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PrivatePurpose
Trust
Funds
ASSETS
Current assets:

Cash and investments 7,167,498 $
Prepaid items 66,381
Restricted assets:

Cash held by fiscal agent 1,650,953
Total assets 8,884,832

DEFERRED OUTFLOWS OF RESOURCES
Deferred amount on refunding 7,581,525
Total deferred outflow of
resources 7,581,525

LIABILITIES
Current liabilities:

Accounts payable 513,623
Interest payable 170,239
Bonds payable - current portion 2,635,000
Total current liabilities 3,318,862
Long-term liabilities:

Bonds payable 52,725,952
Total long-term liabilities 52,725,952
Total liabilities 56,044,814

NET POSITION
Restricted for private purpose (39,578,457)
Total net position $ (39,578,457)

CITY OF STANTON
Statement of Fiduciary Net Position
Fiduciary Funds
June 30, 2022
See accompanying notes to the basic financial statements. 38 ATTACHMENT A

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PrivatePurpose
Trust
Funds
ADDITIONS:

Taxes $ 4,577,090
Intergovernmental 7,548,820
Investment income 121
Total additions 12,126,031
DEDUCTIONS:

Contractual services 66,500
Public safety 4,387,048
Interest and fiscal charges 2,499,373
Total deductions 6,952,921
CHANGE IN NET POSITION 5,173,110
Net position, beginning of year (44,751,567)
Net position, end of year (39,578,457) $

CITY OF STANTON
Statement of Changes in Fiduciary Net Position
Fiduciary Funds
For the year ended June 30, 2022
See accompanying notes to the basic financial statements. 39 ATTACHMENT A

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ATTACHMENT A

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41 NOTES TO BASIC FINANCIAL STATEMENTS

ATTACHMENT A

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CITY OF STANTON

NOTES TO BASIC FINANCIAL STATEMENTS
JUNE 30, 2022
42 NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The basic financial statements of the City of Stanton, California (the City), have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) as applied to governmental agencies. The Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting principles. The more significant City accounting policies are described below.

A. Description of Government-wide Financial Statements
The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information about the reporting government as a whole, except for its fiduciary activities. All fiduciary activities are reported only in the fund financial statements. Governmental activities, which normally are supported by taxes, intergovernmental revenues, and other nonexchange transactions, are reported separately from business-type activities, which rely to a significant extent on fees and charges for support. Likewise, the primary government is reported separately from discretely presented component units for which the primary government is financially accountable. The City has no discretely presented component units.

B. Description of Reporting Entity
The City was incorporated under the general laws of the State of California and enjoys all rights and privileges pertaining to such “general law” cities.

The Housing Authority of the City of Stanton (Housing Authority), a blended component unit, was formed on March 22, 2011, to facilitate the retention and use of transferred properties from the former Redevelopment Agency consistent with the redevelopment plan and for the purposes of ongoing maintenance of completed development projects.

Although the Housing Authority is legally separate from the City, its financial operations are the responsibility of the City. In addition, the City Council has a continuing accountability for fiscal matters of the Housing Authority. Since the City Council acts as the Board of Directors and is able to impose its will on the Housing Authority, the City is considered the primary government and the Housing Authority is a component unit of the City. Additionally, since the governing bodies of the City and the Housing Authority are the same, the financial statements of the City and the component unit are blended. For presentation within the financial statements of the governmental reporting entity, the transactions between the Housing Authority and the City are reported as interfund transactions. The Housing Authority’s financial data and activity are presented as a Special Revenue Fund. The Housing Authority issues separate financial statements that can be by sending a request to City Hall at 7800 Katella Avenue, Stanton, CA 90680.

ATTACHMENT A

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CITY OF STANTON

NOTES TO BASIC FINANCIAL STATEMENTS
JUNE 30, 2022
43 NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) C. Basis of Presentation
Government-Wide Financial Statements
While separate government-wide financial statements are presented, they are interrelated. The governmental activities column incorporates data from the governmental funds and internal service funds, while the business-type activity incorporates data from the government’s enterprise fund. Separate financial statements are provided for governmental funds, proprietary funds, and fiduciary funds, even though the fiduciary funds are excluded in the government-wide financial statements.

As a general rule, the effect of interfund activity has been eliminated from the government-wide financial statements. Exceptions to this rule are charges between the government’s sewer functions and various other functions of the government.

Elimination of these charges would distort the direct costs and program revenues reported for the various functions concerned.

Fund Financial Statements
The underlying accounting system of the City is organized and operated on the basis of separate funds, each of which is considered to be a separate accounting entity. The operations of each fund are accounted for with a separate set of self-balancing accounts that comprise its assets, liabilities, deferred inflows of resources, fund balance, revenues, and expenditures or expenses, as appropriate. Governmental resources are allocated to and accounted for in individual funds based upon the purposes for which they are to be spent and the means by which spending activities are controlled.

The fund financial statements provide information about the government’s funds, including its fiduciary funds and blended component units. Separate financial statements for the government’s governmental, proprietary, and fiduciary funds are presented after the government-wide financial statements. These statements display information about major funds individually and nonmajor funds in the aggregate for governmental and enterprise funds. Fiduciary statements even though excluded from the government-wide financial statements, represent private-purpose trust funds.

The City reports the following major governmental funds:

The General Fund is the general operating fund of the City. All general tax revenues and other receipts that are not allocated by law, or contractual agreement to some other fund, are accounted for in this fund. General operating expenses not paid through other funds are paid from this fund.

Housing Authority Special Revenue Fund – To account for the accumulated resources received from the former Redevelopment Agency’s Low- and ModerateIncome Housing Special Revenue Fund, rental income, and expenses related to lowand moderate-income housing.

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CITY OF STANTON

NOTES TO BASIC FINANCIAL STATEMENTS
JUNE 30, 2022
44 NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) C. Basis of Presentation (Continued)
Fund Financial Statements (Continued)
Lighting and Median Maintenance Special Revenue Fund – To account for benefit assessments levied under the 1919 Act Stanton Municipal Lighting District and the Stanton Lighting and Landscaping District No. 1 (Landscaping and Lighting Act of 1972) for street lighting and landscaping maintenance within the City.

American Rescue Plan Act Special Revenue Fund – To account for revenues and expenditures related to funding received by the American Rescue Plan Act of 2021 approved by the federal government on March 11, 2021. These funds can be used to respond to the COVID-19 pandemic response needs, fill revenue shortfalls, and support the communities and populations hardest hit by the COIVD-19 crisis.

The City reports the following major enterprise fund:

The Sewer Enterprise Fund is used to account for the operations of the City’s sewer system.

Additionally, the City reports the following fund types:

Governmental Funds
The Special Revenue Funds are used to account for the revenues derived from specific revenue sources, which are usually required by law or administrative regulation to be accounted for in separate funds.

The Capital Projects Funds are used to account for financial resources segregated for the development, construction, and improvement of City facilities.

Proprietary Funds
The Internal Service Funds are used to account for the financing of services provided by the following departments to other departments of the City on a costreimbursement basis:
 Workers’ Compensation
 Liability/Risk Management
 Employee Benefits
 Fleet Maintenance
Fiduciary Funds
The Private-Purpose Trust Funds are used to account for the activities of the Successor Agency to the Stanton Redevelopment Agency and North Orange County Public Safety Collaborative Fund.

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CITY OF STANTON

NOTES TO BASIC FINANCIAL STATEMENTS
JUNE 30, 2022
45 NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) C. Basis of Presentation (Continued)
Interfund Transactions
During the course of operations, the government has activity between funds for various purposes. Any residual balances outstanding at year-end are reported as due from/due to other funds and advances to/from other funds. While these balances are reported in fund financial statements, certain eliminations are made in the preparation of the government-wide financial statements. Balances between funds included in the governmental activities are eliminated so that only the net amount is included as internal balances in the governmental activities column. Similarly, balances between funds included in business-type activities are eliminated so that only the net amount is included in internal balances in the business-type activities column.

Further, certain activity occurs during the year involving transfers of resources between funds. In the fund financial statements, these amounts are reported at gross amounts as transfers in/out. While reported in the fund financial statements, certain eliminations are made in the preparation of the government-wide financial statements. Transfers between the funds included in the governmental activities column are eliminated so that only the net amount is included as transfers in the governmental activities column. Similarly, balances between funds included in business-type activities are eliminated so that only the net amount is included as transfers in the business-type activities column.

D. Measurement Focus and Basis of Accounting
The accounting and financial reporting treatment is determined by the applicable measurement focus and basis of accounting. Measurement focus indicates the type of resources being measured, such as current financial resources or economic resources.

The basis of accounting indicates the timing of transactions or events for recognition in the financial statements.

The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting, as are the proprietary and private-purpose trust fund financial statements. Under the economic resources measurement focus, all assets, deferred outflows of resources, liabilities, and deferred inflows of resources (whether current or noncurrent) associated with their activity are included on their statement of net position. Operating statements present increases (revenues) and decreases (expenses) in total net position. Under the accrual basis of accounting, revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Revenue from property taxes is recognized in the fiscal year that the taxes are levied and collected within 60 days from the end of the fiscal year. Grants and similar items are recognized as revenues as soon as the eligibility requirements imposed by the provider have been satisfied. Unbilled receivables are recorded as revenues when services are provided.

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CITY OF STANTON

NOTES TO BASIC FINANCIAL STATEMENTS
JUNE 30, 2022
46 NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) D. Measurement Focus and Basis of Accounting (Continued) The governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Under the current financial resources measurement focus, only current assets, current liabilities, and deferred inflows of resources are generally included on their balance sheets. The reported fund balance is considered to be a measure of available spendable resources.

Governmental fund operating statements present increases (revenues and other financing sources) and decreases (expenditures and other financing uses) in fund balance. Accordingly, they are said to present a summary of sources and uses of available spendable resources during a period. Noncurrent portions of long-term receivables due to governmental funds are reported on their balance sheets in spite of their spending measurement focus.

Revenues are recognized as soon as they become measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures generally are recorded when a liability is incurred, except for principal and interest on general long-term liabilities, claims and judgments, and compensated absences which are recognized as expenditures to the extent they have matured. General capital asset acquisitions are reported as expenditures in governmental funds. Issuance of long-term debt and acquisition of capital leases are reported as other financing sources.

Property taxes, sales tax, franchise taxes, licenses, and interest associated with the current fiscal period are all considered to be susceptible to accrual and have been recognized as revenues of the current fiscal period. Entitlements are recorded as revenues when all eligibility requirements are met, including time requirements, and the amount is received during the period or within the availability period for this revenue source (within 60 days of year-end).

Expenditure-driven grants are recognized as revenue when the qualifying expenditures have been incurred and all eligibility requirements have been met, and the amount is received during the period or within the availability period for this revenue (within 60 days of year-end). Amounts owed to the City, which are not available, are recorded as receivables and deferred inflows of resources. All other revenue items are considered to be measurable and available only when cash is received by the government.

The City’s fiduciary funds consist of private-purpose trust funds, which are reported using the economic resources measurement focus and the accrual basis of accounting.

ATTACHMENT A

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Stanton City CouncilMarch 14, 2023

Stanton City Council
March 14, 2023