City of Stockton
Stockton, California
Independent Accountants’ Report on
Applying Agreed-Upon Procedures
on Measures A and B Transaction and Use Tax
For the Year Ended June 30, 2021
ATTACHMENT A
INDEP
ENDENT ACCOUNTANTS’ REPORT ON APPLYING AGREED-UPON PROCEDURES
ON MEASURE A AND B TRANSACTION AND USE TAX
To the Honorable Mayor and Members of City Council
of the City of Stockton
Stockton, California
We have performed the procedures enumerated below on the Measure A and B Schedule of Sources and Uses of the City of Stockton (the “City”) for the year ended June 30, 2021. City’s management is responsible for the Measure A and B Schedule of Sources and Uses.
The City has agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of evaluating whether Transaction and Use Tax of the C ity were collected in acco rdance with Measure A and expenditures were spent in accordance w ith provisions of Measure B for the year ended June 30, 2021. This report may not be suitable for any other purpose. The procedures pe rformed may not address all the items of interest to a user of this report and may not meet the needs of all u sers of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes.
The procedures and associated findings are as follows:
1. We obtained understanding of the compliance requiremen ts of Measure A, B, and the Marshall Plan on Crime.
Findings:
No exceptions were noted.
2. We obtained
the Measure A and B Schedule of Sources and Uses included in the Comprehensive Annual Financial Report of the City for the fiscal year ended June 30, 2021.
Findings: No exceptions were noted.
3. We obtained reports from
the California Department of Tax and Fee Administration (CDTFA) and trace the quarterly cash receipts for the fiscal year ended June 30, 2021.
Findings: No exceptions were noted.
4. We select
ed 40 expenditure transactions spent in Marshall Plan on Crime and determine whether they were spent in accordance with approved Marshall Plan uses
Findings:
No exceptions were noted.
5. We obtained from City Finance department staff th
e “Project Activity listing” by project for the fiscal y ear ended June 3
0, 2021 and compare allocation of Measure A funding to the expenditure to date for Mission Critical Spending.
Findings: No exceptions were noted.
200 E. Sandpointe Ave., Suite 600, Santa Ana, California 92707 Tel: 949-777-8800 • Fax: 949-777-8850
www.pungroup.cpa
3939352 Pun & McGeady_L_final.pdf 2 1/14/14 3:48 PM
ATTACHMENT A
To the Honorable Mayor and Members of City Council
of the City of Stockton
Stockton, California
2 We were engaged by the City to perfo rm this agreed-upon procedures engagement and conducted our engagement in accordance with attestation standards established by the American Institute of Certified Public Accountants. We were not engaged to and did not conduct an examination or review engagement, the objective of which would be the expression of an opinion or conclusion, respectively, on the Measure A and B Schedule of Sources and Uses.
Accordingly, we do not express such an opinion or conclusion. Had we pe rformed additional procedures, other matters might have come to our attention that would have been reported to you.
We are required to be independent of the City and to meet our ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement.
This report is intended solely for the information and u se of the City Council and City management and Assured Guaranty Municipal Corp. and is not in tended to be and should not be used by anyone other than these specified parties.
Santa Ana, California
March 4, 2022
ATTACHMENT A
City of Stockton
Measure A and B Schedule of Sources and Uses
For the Year Ended June 30, 2021
3 Final Budget Year End Actual Variance
Revenues
Measure A Transaction and Use Tax 28,472,000$ 40,810,516$ 12,338,516$ Total Revenues 28,472,000 40,810,516 12,338,516 Uses/E xpenditures
Police
Salary & Benefits
Sworn 21,413,141 19,316,382 2,096,759 Non-Sworn 3,800,419 3,164,294 636,125 Vacancy Savings (993,017) - (993,017) Other Services 2,920,889 2,675,205 245,684 M aterials & Supplies
Fuel 348,096 285,767 62,329 Other Supplies 431,091 189,377 241,714 Other Expenses
Training 620,018 617,265 2,753 28,540,637 26,248,290 2,292,347 Office of Violence Prev ention
Salary & Benefits
Non-Sworn 863,143 766,268 96,876 Other Services 312,856 174,886 137,971 Fuel 6,231 6,243 (12) Other Supplies 35,000 5,369 29,631 Office Equipment 3,979 665 3,314 Other Expenses 19,850 1,086 18,764 1,241,059 954,516 286,543 Basic Adjustment
Encumbrances (included in Final Budget) - 171,220 (171,220) Total Measure B Expenditures 29,781,696 27,374,026 2,407,670 Crime Prevention (M easure B) expenditures
as a % of annual Measure A revenues 105% 67%
Other City S ervices
Prior Year - Mission Critical Projects - - - General Fund Available Fund Balance (1,309,696) 13,436,490 (14,746,186) Basic Adjustment
Encumbrances (included in Final Budget) - - - Total Measure B Expenditures (1,309,696) 13,436,490 (14,746,186) Total Uses/E xpenditures 28,472,000$ 40,810,516$ (12,338,516)$
ATTACHMENT A