157
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - - -
20,000 20,000 19,334 (666)
- - - -
20,000 20,000 19,334 (666)
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
20,000 20,000 19,334 (666)
- - - -
- - - -
- - - -
20,000 20,000 19,334 (666)
420,060 420,060 420,060 -
$ 440,060 $ 440,060 $ 439,394 $ (666)
Cont'd
Budgeted Amounts
Parkland Facilities Impact Fees Fund
158
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - - -
250 250 (1,830) (2,080)
- - - -
250 250 (1,830) (2,080)
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
250 250 (1,830) (2,080)
- - - -
- - - -
- - - -
250 250 (1,830) (2,080)
(39,770) (39,770) (39,770) -
$ (39,520) $ (39,520) $ (41,600) $ (2,080)
Cont'd
Budgeted Amounts
Public Meeting Facilities Impact Fees Fund
159
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
200,000 200,000 196,811 (3,189)
3,000 3,000 3,850 850
- - - -
203,000 203,000 200,661 (2,339)
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
203,000 203,000 200,661 (2,339)
- - - -
(205,392) (205,392) (220,000) (14,608)
(205,392) (205,392) (220,000) (14,608)
(2,392) (2,392) (19,339) (16,947)
40,429 40,429 40,429 -
$ 38,037 $ 38,037 $ 21,090 $ (16,947)
Cont'd
SLES Fund
Budgeted Amounts
160
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
63,293 63,293 74,970 11,677
- - - -
- - - -
3,000 3,000 3,162 162
- - - -
66,293 66,293 78,132 11,839
- - - -
- - - -
- - - -
25,180 24,841 43,979 (19,138)
- - - -
25,180 24,841 43,979 (19,138)
41,113 41,452 34,153 (7,299)
- - - -
- - - -
- - - -
41,113 41,452 34,153 (7,299)
53,918 53,918 53,918 -
$ 95,031 $ 95,370 $ 88,071 $ (7,299)
Cont'd
Pumpkin Patch Joint Admissions Fund
Budgeted Amounts
161
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - - -
450 450 908 458
500 500 800 300
950 950 1,708 758
- - - -
- - - -
- - - -
- - 3,446 (3,446)
- - - -
- - 3,446 (3,446)
950 950 (1,738) (2,688)
- - - -
- - - -
- - - -
950 950 (1,738) (2,688)
19,594 19,594 19,594 -
$ 20,544 $ 20,544 $ 17,856 $ (2,688)
Cont'd
Wheatland Community Gardens Fund
Budgeted Amounts
162
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ 73,716 $ 73,716 $ 73,765 $ 49
- - - -
- - - -
- - - -
150 150 703 553
- - - -
73,866 73,866 74,468 602
- - - -
- - - -
77,248 79,571 84,426 (4,855)
- - - -
- - - -
77,248 79,571 84,426 (4,855)
(3,382) (5,705) (9,958) (4,253)
10,233 10,233 10,233 -
- - - -
10,233 10,233 10,233 -
6,851 4,528 275 (4,253)
48,772 48,772 48,772 -
$ 55,623 $ 53,300 $ 49,047 $ (4,253)
Cont'd
Budgeted Amounts
Ryantown LLD Fund
163
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ 48,145 $ 48,145 $ 48,177 $ 32
- - - -
- - - -
- - - -
100 100 67 (33)
- - - -
48,245 48,245 48,244 (1)
- - - -
- - - -
76,448 79,000 89,780 (10,780)
- - - -
- - - -
76,448 79,000 89,780 (10,780)
(28,203) (30,755) (41,536) (10,781)
28,203 28,203 28,203 -
- - - -
28,203 28,203 28,203 -
- (2,552) (13,333) (10,781)
25,274 25,274 25,274 -
$ 25,274 $ 22,722 $ 11,941 $ (10,781)
Cont'd
Park Place LLD Fund
Budgeted Amounts
164
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ 69,382 $ 69,382 $ 145,086 $ 75,704
- - - -
- - - -
- - - -
1,400 1,400 6,258 4,858
- - - -
70,782 70,782 151,344 80,562
- - - -
- - - -
88,292 98,778 92,457 6,321
- - - -
- - - -
88,292 98,778 92,457 6,321
(17,510) (27,996) 58,887 86,883
- - - -
- - - -
- - - -
(17,510) (27,996) 58,887 86,883
164,629 164,629 164,629 -
$ 147,119 $ 136,633 $ 223,516 $ 86,883
Cont'd
Wheatland Public Services CFD 2015-1 Fund
Budgeted Amounts
165
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - - -
- - (1,603) (1,603)
- - - -
- - (1,603) (1,603)
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - (1,603) (1,603)
- - - -
- - - -
- - - -
- - (1,603) (1,603)
(34,825) (34,825) (34,825) -
$ (34,825) $ (34,825) $ (36,428) $ (1,603)
Cont'd
Heritage Oaks East CFD 2015-2 Fund
Budgeted Amounts
166
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
$ - $ - $ - $ -
Cont'd
Agricultural Production Standards Fund
Budgeted Amounts
167
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
79,130 79,130 128,332 (49,202)
- - - -
- - - -
79,130 79,130 128,332 (49,202)
(79,130) (79,130) (128,332) (49,202)
- - - -
- - - -
- - - -
(79,130) (79,130) (128,332) (49,202)
128,332 128,332 128,332 -
$ 49,202 $ 49,202 $ - $ (49,202)
Cont'd
COVID-19 Fund
Budgeted Amounts
168
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - - -
- - - -
- - 26,624 26,624
- - 26,624 26,624
- - - -
- - - -
- - 26,624 (26,624)
- - - -
- - - -
- - 26,624 (26,624)
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
$ - $ - $ - $ -
Cont'd
Budgeted Amounts
First Street Senior Housing Fund
169
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - 18,614 18,614
- - - -
- - - -
- - 18,614 18,614
- - 18,934 (18,934)
- - - -
- - - -
- - - -
- - - -
- - 18,934 (18,934)
- - (320) (320)
- - - -
- - - -
- - - -
- - (320) (320)
- - - -
$ - $ - $ (320) $ (320)
Cont'd
Budgeted Amounts
Selective Traffic Enforcement Program Fund
170
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - 4,510 4,510
- - - -
- - - -
- - 4,510 4,510
- - - -
- - - -
- - 4,510 (4,510)
- - - -
- - - -
- - 4,510 (4,510)
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
$ - $ - $ - $ -
Cont'd
Budgeted Amounts
Cannabis Grant Fund
171
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - - -
- - - -
100,000 100,000 - (100,000)
100,000 100,000 - (100,000)
- - - -
- - - -
100,000 100,000 89,265 10,735
- - - -
- - - -
100,000 100,000 89,265 10,735
- - (89,265) (89,265)
- - - -
- - - -
- - - -
- - (89,265) (89,265)
358,587 358,587 358,587 -
$ 358,587 $ 358,587 $ 269,322 $ (89,265)
Cont'd
General Plan Update Fund
Budgeted Amounts
172
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - - -
- - - -
239,000 239,000 129,849 (109,151)
239,000 239,000 129,849 (109,151)
- - - -
264,000 264,000 129,849 134,151
- - - -
- - - -
- - - -
264,000 264,000 129,849 134,151
(25,000) (25,000) - 25,000
25,000 25,000 - (25,000)
- - - -
25,000 25,000 - (25,000)
- - - -
- - - -
$ - $ - $ - $ -
Cont'd
Corporation Yard Sinkhole Fund
Budgeted Amounts
173
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
100,000 100,000 - 100,000
- - - -
- - - -
- - - -
100,000 100,000 - 100,000
(100,000) (100,000) - 100,000
100,000 100,000 100,000 -
- - - -
100,000 100,000 100,000 -
- - 100,000 100,000
- - - -
$ - $ - $ 100,000 $ 100,000
Cont'd
Stormwater Retention Basin and Pumps Fund
Budgeted Amounts
174
Section 6, Item # 6.2
City of Wheatland
Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Taxes and assessments
Charges for services
Developer impact fees
Intergovernmental
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Current:
Public safety
Public works
Community development
Parks and recreation
Capital outlay
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
60,000 60,000 - 60,000
- - - -
- - - -
- - - -
60,000 60,000 - 60,000
(60,000) (60,000) - 60,000
60,000 60,000 60,000 -
- - - -
60,000 60,000 60,000 -
- - 60,000 60,000
- - - -
$ - $ - $ 60,000 $ 60,000
Concluded
Sidewalk ADA Accessibility Fund
Budgeted Amounts
175
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STATISTICAL SECTION
176
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City of Wheatland
Statistical Section
June 30, 2025
This part of the City's annual financial report presents detailed information in a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the City's overall financial health.
Financial Trends
These schedules contain trend information to help the reader understand how the City's financial performance and well-being have changed over time.
Revenue Capacity
These schedules contain information to help the reader assess the factors affecting the City's ability to generate its property and sales taxes.
Debt Capacity
These schedules present information to help the reader assess the affordability of the City's current levels of outstanding debt and the City's ability to issue additional debt in the future.
Demographic and Economic Information
These schedules offer demographic and economic indicators to help the reader understand the environment within which the City's financial activities take place and to help make comparisons over time and with other governments.
Operating Information
These schedules contain information about the City's operations and resources to help the reader understand how the City's financial information relates to the services the City provides and the activities it performs.
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** ***
2017 2018 2019 2020 2021 2022 2023 2024 2025
Governmental activities
Invested in capital assets $ 4,752,455 $ 4,492,713 $ 4,519,235 $ 4,521,906 $ 4,491,606 $ 4,592,299 $ 4,774,013 $ 4,387,439 $ 4,088,058 Restricted - 1,031,832 1,029,493 2,117,925 2,240,094 3,311,363 4,390,389 6,314,647 7,922,656 Unrestricted 1,818,667 1,261,130 1,775,783 1,688,554 1,239,706 1,918,233 1,409,525 2,654,880 3,003,620 Total governmental activities net
position $ 6,571,122 $ 6,785,675 $ 7,324,511 $ 8,328,385 $ 7,971,406 $ 9,821,895 $ 10,573,927 $ 13,356,966 $ 15,014,334 Business-type activities ****
Invested in capital assets $ 1,000,358 $ 800,875 $ 435,093 $ (119,428) $ (16,926) $ 1,958,291 $ 3,378,876 $ 945,926 $ 1,177,886 Restricted 377,998 377,998 7,653,873 7,351,619 7,348,300 4,390,567 4,867,016 5,138,964 5,755,994 Unrestricted 6,834,367 7,486,950 472,646 1,036,004 (1,727,628) 1,336,754 (115,616) 2,440,141 2,783,897 Total business-type activities net
position $ 8,212,723 $ 8,665,823 $ 8,561,612 $ 8,268,195 $ 5,603,746 $ 7,685,612 $ 8,130,276 $ 8,525,031 $ 9,717,777 Primary government
Invested in capital assets $ 5,752,813 $ 5,293,588 $ 4,954,328 $ 4,402,478 $ 4,474,680 $ 6,550,590 $ 8,152,889 $ 5,333,365 $ 5,265,944 Restricted 377,998 1,409,830 8,683,366 9,469,544 9,588,394 7,701,930 9,257,405 11,453,611 13,678,650 Unrestricted 8,653,034 8,748,080 2,248,429 2,724,558 (487,922) 3,254,987 1,293,909 5,095,021 5,787,517 Total primary government net
position $ 14,783,845 $ 15,451,498 $ 15,886,123 $ 16,596,580 $ 13,575,152 $ 17,507,507 $ 18,704,203 $ 21,881,997 $ 24,732,111 * The City of Wheatland prepared its first ACFR for the fiscal year ended June 30, 2017 ** FY2022 $657,672 was reclassified from unrestricted net position in governmental activities to business-type activities to correctly classify notes payable. *** FY2023 unrestricted net position in governmental activities was increased by $1,667,343. See Note 11 to the basic financial statements. **** FY2023 unrestricted net position in business-type activities was decreased by $2,137,386. See Note 11 to the basic financial statements.
City of Wheatland
Net Position By Component
Nine Fiscal Years*
Fiscal year ended June 30, 2025
(Accrual basis of accounting)
Source: City of Wheatland Audited Financial Reports
180
Section 6, Item # 6.2
Expenses 2017 2018 2019 2020 2021 2022 2023 2024 2025
Governmental activities:
General government $ 634,638 $ 569,454 $ 518,787 $ 588,399 $ 584,842 $ 530,193 $ 572,635 $ 575,481 $ 583,469 Public safety 1,277,664 1,259,788 1,429,319 1,492,216 1,645,037 1,673,594 1,780,545 2,250,667 1,791,340 Public works 356,079 422,919 607,519 669,162 984,472 2,332,804 2,107,604 375,198 814,105 Parks and recreation 69,777 50,744 100,774 208,884 134,276 91,312 335,660 882,227 257,076 Community development 235,532 335,771 312,805 243,952 309,393 739,514 1,008,912 255,741 4,443,508 Interest expense 3,744 3,269 2,768 2,240 2,123 1,099 483 - - Total Governmental Activities $ 2,577,434 $ 2,641,945 $ 2,971,972 $ 3,204,853 $ 3,660,143 $ 5,368,516 $ 5,805,839 $ 4,339,314 $ 7,889,498 Business-type activities:
Water $ 832,077 $ 867,301 $ 931,768 $ 1,065,455 $ 982,558 $ 1,060,831 $ 1,103,152 $ 1,194,983 $ 1,262,092 Wastewater 1,001,324 1,155,617 1,194,741 1,364,264 1,183,332 1,217,841 1,231,407 1,337,369 1,442,781 Total Business-Type Activities $ 1,833,401 $ 2,022,918 $ 2,126,509 $ 2,429,719 $ 2,165,890 $ 2,278,672 $ 2,334,559 $ 2,532,352 $ 2,704,873 Total Expenses $ 4,410,835 $ 4,664,863 $ 5,098,481 $ 5,634,572 $ 5,826,033 $ 7,647,188 $ 8,140,398 $ 6,871,666 $ 10,594,371 Program Revenues
Governmental activities:
Charges for services:
General government $ 168,151 $ 344,530 $ 362,637 $ 337,467 $ 440,074 $ 812,148 $ 900,698 $ 740,125 $ 470,345 Public safety 39,076 8,529 - 2,850 2,850 - 6,503 7,766 41,930 Public works - 34,852 - - - - - - 118,588
Parks and recreation 42,533 26,553 31,492 30,594 30,594 46,022 57,334 61,429 320,496 Community development 12,810 812 - - - 288,755 741,240 2,132,724 1,134,316 Operating grants and contributions 130,309 440,274 366,711 208,205 252,684 780,006 874,661 408,283 3,849,311 Capital grants and contributions 701,280 - 251,762 344,733 329,844 1,728,255 - 261,950 - Total Government Activities $ 1,094,159 $ 855,550 $ 1,012,602 $ 923,849 $ 1,056,046 $ 3,655,186 $ 2,580,436 $ 3,612,277 $ 5,934,986 Business-type activities:
Charges for services:
Water $ 803,989 $ 877,371 $ 894,618 $ 1,033,129 $ 1,108,974 $ 1,129,149 $ 1,201,418 $ 1,285,325 $ 1,472,572 Sewer 876,250 909,198 915,749 977,536 1,003,819 1,026,612 1,084,916 1,157,976 1,560,380 Operating contributions and grants - 11,406 25,735 37,378 469,568 2,834,588 290,125 85,000 397,595 Capital grants and contributions - - - 33,632 - - 1,448,417 - - Total Business-Type Activities $ 1,680,239 $ 1,797,975 $ 1,836,102 $ 2,081,675 $ 2,582,361 $ 4,990,349 $ 4,024,876 $ 2,528,301 $ 3,430,547 Total Program Revenues $ 2,774,398 $ 2,653,525 $ 2,848,704 $ 3,005,524 $ 3,638,407 $ 8,645,535 $ 6,605,312 $ 6,140,578 $ 9,365,533 City of Wheatland
Changes in Net Position
Nine Fiscal Years*
Fiscal year ended June 30, 2025
(Accrual basis of accounting)
Source: City of Whealtland Audited Financial Statements
181
Section 6, Item # 6.2
City of Wheatland
Changes in Net Position
Nine Fiscal Years*
Fiscal year ended June 30, 2025
(Accrual basis of accounting)
Continued from previous page
2017 2018 2019 2020 2021 2022 2023 2024 2025
Net (Expense)/Revenue
Governmental activities $ (1,483,275) $ (1,786,395) $ (1,959,370) $ (2,281,004) $ (2,604,097) $ (1,713,330) $ (3,225,403) $ (727,037) $ (1,954,512) Business-type activities $ (153,162) $ (224,943) $ (290,407) $ (348,044) $ 416,471 $ 2,711,677 $ 1,690,317 $ (4,051) $ 725,674 Total Net Expense $ (1,636,437) $ (2,011,338) $ (2,249,777) $ (2,629,048) $ (2,187,626) $ 998,347 $ (1,535,086) $ (731,088) $ (1,228,838) General Revenues and Other Changes in Net Position
Governmental activities:
Taxes:
Property taxes $ 659,157 $ 692,486 $ 745,213 $ 787,497 $ 834,108 $ 897,656 $ 928,438 $ 955,263 $ 1,044,688 Sales and use taxes 745,094 809,867 1,131,863 721,665 925,679 994,489 1,083,496 978,477 931,073 Franchise taxes 112,910 109,344 115,287 118,257 126,639 142,337 144,424 161,528 166,569 Other taxes 93,340 96,427 222,439 273,270 328,708 339,808 548,930 767,265 667,521 Other revenues 130,541 76,665 176,816 1,154,016 250,062 448,336 809,376 368,298 409,387 Transfers 174,480 - - 107,083 - - (38,320) - -
Investment income 59,361 78,758 106,589 123,090 46,730 83,521 149,092 279,245 392,642 Total Governmental Activities $ 1,974,883 $ 1,863,547 $ 2,498,207 $ 3,284,878 $ 2,511,926 $ 2,906,147 $ 3,625,436 $ 3,510,076 $ 3,611,880 Business-type activities:
Investment income $ 53,697 $ 98,452 $ 186,196 $ 161,709 $ 48,080 $ 27,861 $ 195,741 $ 376,177 $ 444,442 Other revenues - - - - - - - 22,629 22,630
Transfers (174,480) - - (107,083) - - 38,320 - -
Total Business-Type Activities $ (120,783) $ 98,452 $ 186,196 $ 54,626 $ 48,080 $ 27,861 $ 234,061 $ 398,806 $ 467,072 Total Primary Government $ 1,854,100 $ 1,961,999 $ 2,684,403 $ 3,339,504 $ 2,560,006 $ 2,934,008 $ 3,859,497 $ 3,908,882 $ 4,078,952 Changes in Net Position
Governmental Activities $ 491,608 $ 77,152 $ 538,837 $ 1,003,874 $ (92,171) $ 1,192,817 $ 400,033 $ 2,783,039 $ 1,657,368 Business-Type Activities (273,945) (126,491) (104,211) (293,418) 464,551 2,739,538 1,924,378 394,755 1,192,746 Total Change in Net Position $ 217,663 $ (49,339) $ 434,626 $ 710,456 $ 372,380 $ 3,932,355 $ 2,324,411 $ 3,177,794 $ 2,850,114 * The City of Wheatland prepared its first ACFR for the fiscal year ended June 30, 2017 Source: City of Whealtland Audited Financial Statements
182
Section 6, Item # 6.2
**
2017 2018 2019 2020 2021 2022 2023 2024 2025
General Fund:
Nonspendable $ 164,765 $ 171,109 $ 182,876 $ 214,159 $ 182,732 $ 182,732 $ 2,779 $ 3,207 $ - Committed 30,000 - - - - - - - -
Unassigned 1,438,203 1,517,874 1,678,454 1,538,346 1,426,063 1,729,295 2,413,563 2,785,957 3,121,854 Total general fund $ 1,632,968 $ 1,688,983 $ 1,861,330 $ 1,752,505 $ 1,608,795 $ 1,912,027 $ 2,416,342 $ 2,789,164 $ 3,121,854 All Other Governmental Funds:
Nonspendable $ 183,532 $ 157,044 $ - $ - $ - $ - $ - $ - $ - Restricted - 874,788 1,029,493 2,117,925 2,240,094 3,311,363 4,252,618 6,314,647 7,365,763 Assigned - 5,977 338,380 328,524 45,365 - - 83,303 92,122 Unassigned 319,022 (356,226) (332,291) (326,796) (322,074) (558,731) (345,219) (85,589) (78,348) Total all other governmental funds $ 502,554 $ 681,583 $ 1,035,582 $ 2,119,653 $ 1,963,385 $ 2,752,632 $ 3,907,399 $ 6,312,361 $ 7,379,537 Total all governmental funds $ 2,135,522 $ 2,370,566 $ 2,896,912 $ 3,872,158 $ 3,572,180 $ 4,664,659 $ 6,323,741 $ 9,101,525 $ 10,501,391 * The City of Wheatland prepared its first ACFR for the fiscal year ended June 30, 2017 ** FY2023 fund balance was adjusted as follows for error corrections and reclassifications: The General Fund was increased by $51,604 and all other governmental funds were decreased by $134,920.
City of Wheatland
Fund Balances, Governmental Funds
Nine Fiscal Years*
Fiscal year ended June 30, 2025
(Modified accrual basis of accounting)
Source: City of Wheatland Audited Financial Statements
183
Section 6, Item # 6.2
2017 2018 2019 2020 2021 2022 2023 2024 2025
Revenues:
Taxes and assessments 1,689,215$ 1,815,546$ 2,214,802$ 1,900,689$ 2,215,134$ 2,374,290$ 2,705,288$ 2,862,533$ 2,809,852$ Licenses, fees and permits 184,517 29,320 25,269 37,145 15,758 29,569 20,837 72,417 49,249 Intergovernmental revenues 61,567 332,852 618,473 552,938 582,528 2,508,261 874,661 617,797 3,849,311 Charges for services 11 177,170 135,930 127,120 214,076 839,811 1,382,819 2,797,796 427,220 Use of money and property 59,361 78,758 106,589 123,090 116,872 83,521 149,092 351,080 974,038 Fines and forfeitures 16,475 10,652 10,620 5,510 8,548 9,624 4,333 6,821 470,922 Grant revenue 831,589 - - - - - - - -
Miscellaneous 51,827 36,693 140,927 1,111,361 225,756 409,143 784,206 413,909 399,561 Total revenues 2,894,562 2,480,991 3,252,610 3,857,853 3,378,672 6,254,219 5,921,236 7,122,353 8,989,973 Expenditures:
General government 423,867 352,788 309,728 392,567 365,613 294,618 309,435 429,954 523,710 Public safety 1,076,291 982,606 1,139,602 1,221,788 1,335,597 1,355,172 1,414,752 1,677,320 1,552,309 Community development 224,425 277,873 252,736 188,015 244,452 674,610 932,923 684,294 4,473,010 Public works and engineering 228,580 380,810 564,569 653,137 936,734 2,288,263 2,053,029 263,890 665,082 Parks and recreation 69,777 50,744 100,774 208,884 134,276 91,312 335,660 164,842 197,319 Capital Improvements 573,184 188,477 346,207 312,653 384,522 445,119 582,069 1,124,269 178,677 Debt service:
Principal 8,903 9,378 9,879 10,406 10,962 11,547 12,165 - - Interest 3,744 3,269 2,768 2,240 1,686 1,099 483 - -
Total expenditures 2,608,771 2,245,945 2,726,263 2,989,690 3,413,842 5,161,740 5,640,516 4,344,569 7,590,107 Excess of revenues over (under) expenditures 285,791 235,046 526,347 868,163 (35,170) 1,092,479 280,720 2,777,784 1,399,866 Other financing sources (uses):
Debt issuances - - - - - - 1,499,998 - -
Transfers in 682,314 483,690 895,614 524,402 420,580 5,489 1,229,914 1,039,938 567,122 Transfers out (682,314) (483,690) (895,614) (417,319) (420,580) (5,489) (1,268,234) (1,039,938) (567,122) Total other financing sources (uses) - - - 107,083 - - 1,461,678 - - Net change in fund balances $ 285,791 $ 235,046 $ 526,347 $ 975,246 $ (35,170) $ 1,092,479 1,742,398$ 2,777,784$ 1,399,866$ Debt service percentage of
noncapital expenditures 0.63% 0.62% 0.53% 0.47% 0.42% 0.27% 0.25% 0.00% 0.00% *The City of Wheatland prepared its first ACFR for the fiscal year ended June 30, 2017 Prior period interfund nonreciprocal overhead charges were reclassified from revenue to expenditures in the following functions:
2017 2018 2019 2020 2021 2022 2023
General government $ 79,900 $ 113,576 $ 123,160 $ 116,288 $ 123,753 $ 146,492 $ 154,049 Public safety $ 76,500 $ 108,742 $ 117,919 $ 111,338 $ 118,486 $ 140,258 $ 147,493 Community development $ 11,107 $ 15,788 $ 17,120 $ 16,165 $ 17,203 $ 20,364 $ 21,414 Total interfund overhead charges $ 167,507 $ 238,106 $ 258,199 $ 243,791 $ 259,442 $ 307,114 $ 322,956 City of Wheatland
Changes in Fund Balances, Governmental Funds
Nine Fiscal Years*
Fiscal year ended June 30, 2025
(Modified accrual basis of accounting)
Source: City of Wheatland Audited Financial Statements
184
Section 6, Item # 6.2
Fiscal Year Taxable Total Direct
Ending June 30 Secured Unsecured Assessed Value % Change Tax Rate 2015 187,241,765 4,582,604 191,824,369 14.80% 0.17159
2016 229,813,378 4,638,696 234,452,074 22.22% 0.13888
2017 238,789,220 4,892,773 243,681,993 3.94% 0.13966
2018 256,022,742 5,103,873 261,126,615 7.16% 0.14028
2019 273,813,300 5,420,310 279,233,610 6.93% 0.14205
2020 288,196,363 5,955,138 294,151,501 5.34% 0.14176
2021 302,349,503 5,919,220 308,268,730 4.80% 0.14169
2022 312,132,353 5,490,030 317,622,383 3.03% 0.14121
2023 339,386,313 7,099,448 346,485,761 9.09% 0.14161
2024 368,472,792 7,456,668 375,929,460 8.50% 0.14331
2025 398,065,840 7,196,034 405,261,874 7.80% 0.14538
Note:
In 1978 the voters of the State of California passed Proposition 13 which limited taxes to a total maximum rate of 1%, based upon the assessed value of the property being taxed. Each year, the assessed value of property may be increased by an "inflation factor" (limited to a maximum of 2%). With few exceptions, property is only reassessed as a result of new construction activity or at the time it is sold to a new owner.
At that point, the property is reassessed based upon the added value of the construction or at the purchase price (market value) or economic value of the property sold. The assessed valuation data shown above represents the only data currently available with respect to the actual market value of taxable property and is subject to the limitations described above.
City of Wheatland
Assessed Value and Actual Value of Taxable Property
For the last ten fiscal years
-
100,000,000
200,000,000
300,000,000
400,000,000
500,000,000
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Taxable Assessed Value
Source: Yuba County Assessor 2012/13 - 2023/24 Combined Tax Rolls
185
Section 6, Item # 6.2
City Assessed Valuation: $ 405,261,874
City's
Outstanding Share of
Percent Debt Overlapping
Applicable June 30, 2025 Debt
Overlapping Tax and Assessment Debt:
Yuba Community College 0.896% $ 164,161,106 $ 1,470,884 Wheatland Union High School 14.875% 8,115,000 1,207,106 Western Placer Unified School District 0.007% 100,115,000 7,008 California Statewide Community Development Authority
Assessment District No., 21-03 Series 2022 A 100.000% 1,561,000 1,561,000 California Statewide Community Development Authority
Assessment District No., 21-01 Series 2023 F 100.000% 2,610,000 2,610,000
Total Overlapping Tax and Assessment Debt $ 276,562,106 $ 6,855,998 Direct and Overlapping General Fund Debt:
Yuba County General Fund Obligations 4.373% $ 41,997,500 $ 1,836,551 Yuba Joint Community College District 0.896% 7,383,952 66,160 Western Placer Unified School District 0.007% 114,220,000 7,995 Wheatland Union High Schoold District 14.875% 4,992,798 742,679 Total Direct and Overlapping General Fund Debt $ 168,594,250 $ 2,653,385 COMBINED TOTAL DEBT $ 445,156,356 $ 9,509,383
For the outside agency debt obligations referenced above, the City's overlapping debt obligation is based on the proration of the aggregate issuance as directed by each issue's underlying funding agreements. The proration is generally based on the percentage of the overlapping agency's assessed valuation located within boundaries of the City City of Wheatland
Direct and Overlapping Debt
Current Year
Fiscal year ended June 30, 2025
Source: Avenue Insights Analaytics
186
Section 6, Item # 6.2
Rank Value % of Net AV Rank Value % of Net AV
Bear River Walnut Ranch 1 $ 22,695,817 5.60% 1 11,454,537 4.89% AKT Wheatland Ranch 2 10,053,861 2.48% 2 7,559,578 3.22% Overland Trail Johnson Ranch 3 6,429,324 1.59%
Dale Investments 4 3,649,036 0.90% 4 3,688,595 1.57%
Frank Dean and Frances Webb 5 3,438,831 0.85% 9 2,086,502 0.89% Sandra Bishop Trustee 6 3,062,346 0.76%
Bishops Pumpkin Farm 7 2,972,610 0.73%
Lewis Investment Company 8 2,676,965 0.66% 8 2,271,962 0.97% TDW Enterprises 9 2,524,605 0.62%
Settlers Vlillage Center 10 2,489,040 0.61% 5 3,617,013 1.54% Gibson Ranch 3 6,134,907 2.62%
Raj and Namarta Sharma 6 2,339,305 1.00%
Lennar Homes 7 2,273,980 0.97%
Paradise Petro 10 1,873,296 0.80%
Top Ten Total $ 59,992,435 14.80% $ 43,299,675 18.47%
City Total $ 405,261,874 $ 234,452,074
City of Wheatland
Top Ten Property Tax Payers
Current Year and Nine Years Ago
FY 2024-25 FY 2015-16
Source: Yuba County Assessor Combined Tax Rolls
187
Section 6, Item # 6.2
Taxes
Fiscal for the
Year Fiscal Year Amount Percent of Levy Amount Percent of Levy 2015-16 629,472 629,472 100.00% 629,472 100.00%
2016-17 649,277 649,277 100.00% 649,277 100.00%
2017-18 679,878 679,878 100.00% 679,878 100.00%
2018-19 732,729 732,729 100.00% 732,729 100.00%
2019-20 774,294 774,294 100.00% 774,294 100.00%
2020-21 815,054 815,054 100.00% 815,054 100.00%
2021-22 873,810 873,810 100.00% 873,810 100.00%
2022-23 909,138 909,138 100.00% 909,138 100.00%
2023-24 934,353 934,353 100.00% 934,353 100.00%
2024-25 1,021,819 1,021,819 100.00% 1,021,819 100.00%
Note: Amounts are reported and collected under the Teeter Plan in which all taxes are distributed to the City in the year of the levy with the County retaining any interest or penalties on uncollected balances.
Fiscal Year of the Levy Total Collections to Date
City of Wheatland
Property Tax Levies and Collections
For the last ten fiscal years
Collections within the
Source: City Finance Department
188
Section 6, Item # 6.2
Fiscal Debt Debt % Personal Debt Debt % Personal
Year Outstanding Per Capita Income Outstanding Per Capita Income 2015-16 82,093 23.33 0.03% 61,570 17.50 0.02%
2016-17 73,241 20.87 0.03% 54,931 15.65 0.02%
2017-18 64,338 15.69 0.02% 48,253 11.77 0.01%
2018-19 54,959 13.40 0.01% 41,219 10.05 0.01%
2019-20 45,081 11.00 0.01% 33,811 8.25 0.01%
2020-21 23,712 6.57 0.00% 17,784 4.93 0.00%
2021-22 12,165 3.32 0.00% 9,124 2.49 0.00%
2022-23 - - 0.00% - - 0.00%
2023-24 - - 0.00% - - 0.00%
2024-25 - - 0.00% - - 0.00%
Fiscal Debt Debt % Personal Debt Debt % Personal
Year Outstanding Per Capita Income Outstanding Per Capita Income 2015-16 61,570 17.50 0.02% 205,233 58.32 0.08%
2016-17 54,931 15.65 0.02% 183,103 52.18 0.06%
2017-18 48,253 11.77 0.01% 160,844 39.23 0.05%
2018-19 41,219 10.05 0.01% 137,397 33.51 0.03%
2019-20 33,811 9.29 0.01% 112,703 27.49 0.03%
2020-21 17,784 4.93 0.00% 59,280 14.46 0.01%
2021-22 9,124 2.49 0.00% 30,413 8.30 0.01%
2022-23 - - 0.00% - - 0.00%
2023-24 - - 0.00% - - 0.00%
2024-25 - - 0.00% - - 0.00%
TOTAL Financed Purchases
Financed Purchases Governmental
City of Wheatland
Financed Purchases Governmental and Business-Like Activities For the last ten fiscal years
Financed Purchases Business-Like Water
Financed Purchases Business-Like Sewer
Ratios of Outstanding Debt by Type
Source: City Finance Department
189
Section 6, Item # 6.2
Fiscal Debt Debt % Personal Debt Debt % Personal Debt Debt % Personal Year Outstanding Per Capita Income Outstanding Per Capita Income Outstanding Per Capita Income 2015-16 1,646,000 469.08 0.58% 947,000 269.88 0.34% 3,565,900 1,016.22 1.27% 2016-17 1,611,000 460.68 0.54% 927,000 226.10 0.26% 3,507,100 855.39 0.99% 2017-18 1,575,000 425.33 0.43% 906,000 220.98 0.22% 3,445,900 840.46 0.85% 2018-19 1,537,000 422.14 0.39% 884,000 215.61 0.20% 3,382,100 824.90 0.77% 2019-20 - - - - - -
2020-21 - - - - - -
2021-22 - - - - - -
2022-23 - - - - - -
2023-24 - - - - - -
2024-25 - - - - - -
Fiscal Debt Debt % Personal Debt Debt % Personal Debt Debt % Personal Year Outstanding Per Capita Income Outstanding Per Capita Income Outstanding Per Capita Income 2015-16 - - - - - -
2016-17 - - - - - -
2017-18 - - - - - -
2018-19 - - - - - -
2019-20 3,459,026 886.93 0.80% 2,466,292 677.37 0.61% - - 0.00% 2020-21 3,375,888 865.61 0.66% 2,416,800 669.47 0.51% - - 0.00% 2021-22 3,287,750 801.89 0.65% 2,337,308 637.91 0.52% - - 0.00% 2022-23 3,199,612 780.39 0.65% 2,252,816 591.14 0.49% - - 0.00% 2023-24 3,106,476 797.96 0.61% 2,168,323 556.98 0.42% 2,451,364 629.69 0.48% 2024-25 3,013,339 751.08 0.57% 2,083,831 519.40 0.40% 3,300,000 822.53 0.63% Fiscal Debt Debt % Personal
Year Outstanding Per Capita Income
2015-16 6,158,900 1,755.17 2.19%
2016-17 6,045,100 1,542.17 1.79%
2017-18 5,926,900 1,486.77 1.50%
2018-19 5,803,100 1,462.65 1.36%
2019-20 5,925,318 1,564.30 1.42%
2020-21 5,792,688 1,535.08 1.16%
2021-22 5,625,058 1,439.80 1.17%
2022-23 5,452,428 1,371.53 1.14%
2023-24 7,726,163 1,984.63 1.51%
2024-25 8,397,170 2,093.01 1.24%
City of Wheatland
Business-type Activities
For the last ten fiscal years
Wastewater Bonds A Water Bonds B
USDA Water Loan #1 USDA Water Loan #3 USDA Wastewater Loan TOTAL
Ratios of Outstanding Debt by Type
Yuba Water Agency
Source: City Finance Department
190
Section 6, Item # 6.2
City Assessed Valuation $ 405,261,874
FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Basic Levy1 1.00000 1.00000 1.00000 1.00000 1.00000
Western Placer Unified 1993 Series A 0.00000 0.00000 0.00000 0.00000 0.00000 Wheatland Union High School 2012A 0.02503 0.02498 0.02820 0.01668 0.02362 Yuba Community College 0.03091 0.03606 0.03218 0.03148 0.02655 Total Direct and Overlapping2 Tax Rates 1.05594 1.06104 1.06038 1.04816 1.05017 City's Share of 1% Levy Per Prop 133 0.12906 0.13052 0.12900 0.12897 0.12906 Total Direct Rate4 0.14169 0.14121 0.14161 0.14331 0.14538 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20
Basic Levy1 1.00000 1.00000 1.00000 1.00000 1.00000
Western Placer Unified 1993 Series A 0.02469 0.02526 0.02526 0.00000 0.00000 Wheatland Union High School 2012A 0.03000 0.03000 0.03000 0.02987 0.02803 Yuba Community College 0.02494 0.02635 0.02635 0.02994 0.02874 Total Direct and Overlapping2 Tax Rates 1.07963 1.08161 1.08161 1.05981 1.05677 City's Share of 1% Levy Per Prop 133 0.1282 0.12841 0.12841 0.12906 0.12906 Total Direct Rate4 0.13888 0.13966 0.14028 0.14205 0.14176 Notes:
1 In 1978, California voters passed Proposition 13 which set the property tax rate at 1.00% fixed amount. This 1.00% is shared by all taxing agencies for which the subject property resides within. In addition to the 1.00% fixed amount, property owners are charged taxes as a percentage of assessed property values for the payment of any voter approved bonds. 2 Overlapping rates are those of local and county governments that apply to property owners within the City. Not all overlapping rates apply to all city property owners. 3 City's share of 1.00% levy is based on the City's share of the general fund tax rate area with the largest net taxable value within the City.
4 Total Direct Rate is the weighted average of all individual direct rates applied by the City /Agency preparing the statistical section information and excludes revenues derived from aircraft.
City of Wheatland
Direct and Overlapping Tax Rates
For the last ten fiscal years
Source: Yuba County Assessor 2014-15 to 2023-24 Tax Rate Table
191
Section 6, Item # 6.2
Net Debt
Applicable
Adjusted Net Debt Legal to the Limit
Fiscal Assessed Assessed Debt Limit Applicable Debt as a % of Year Value Secured Value* Percentage Debt Limit to Limit Margin Debt Limit 2015-16 229,664,980 57,416,245 15% 8,612,437 205,233 8,407,204 2.38% 2016-17 238,640,822 59,660,206 15% 8,949,031 183,103 8,765,928 2.05% 2017-18 256,022,742 64,005,686 15% 9,600,853 160,844 9,440,009 1.68% 2018-19 273,813,300 68,453,325 15% 10,267,999 137,397 10,130,602 1.34% 2019-20 288,196,363 72,049,091 15% 10,807,364 112,703 10,694,661 1.04% 2020-21 302,349,503 75,587,376 15% 11,338,106 59,280 11,278,826 0.52% 2021-22 312,132,353 78,033,088 15% 11,704,963 30,413 11,674,550 0.26% 2022-23 339,386,313 84,846,578 15% 12,726,987 - 12,726,987 0.00% 2023-24 368,472,792 92,118,198 15% 13,817,730 - 13,817,730 0.00% 2024-25 405,261,874 101,315,469 15% 15,197,320 - 15,197,320 0.00% *The Government Code of the State of California provides for a legal debt limit of 15% of gross assessed valuation. However, this provision was enacted when assessed valuation was based upon 25% of market value. Effective with the 1981-82 fiscal year, each parcel is now assessed at 100% of market value (as of the most recent change in ownership for that parcel). This computations shown above reflect a conversion of assessed valuation data for each fiscal year from the current full valuation perspective to the 25% level that was in effect at the time the legal debt margin was enacted by the State of California for local governments.
City of Wheatland
Legal Debt Margin Information
For the last ten fiscal years
Source: City Finance Department
192
Section 6, Item # 6.2
Personal
Income Unemployment % of Pop % of Pop
City of Per Capita Rate 25+ with 25+ with
Wheatland Personal City of Median High School Bachelor's Year Population (in thousands) Income Wheatland Age Degree Degree 2015 3,519 $ 74,642 $ 21,211 10.1% 35.9 83.5% 14.5%
2016 3,509 $ 80,286 $ 22,880 9.3% 34.3 84.3% 13.9%
2017 3,497 $ 99,253 $ 28,382 7.5% 37.5 84.7% 14.4%
2018 3,703 $ 107,788 $ 29,108 8.0% 38.6 84.2% 16.1%
2019 3,641 $ 110,299 $ 30,294 6.7% 38.9 85.8% 15.0%
2020 3,610 $ 132,028 $ 36,573 11.6% 41.6 85.5% 18.4%
2021 3,664 $ 122,712 $ 33,491 4.5% 40.2 90.8% 20.4%
2022 3,811 $ 120,492 $ 31,617 1.7% 39.7 91.3% 23.0%
2023 3,893 $ 131,465 $ 33,770 2.0% 39.1 91.6% 21.4%
2024 4,012 $ 168,767 $ 42,066 7.1% 38.5 91.4% 20.8%
City of Wheatland
Demographic and Economic Statistics
For the past ten calendar years
Calendar year 2015 through 2024
Sources:
Population: CA State Dept of Finance
Income, Age, Education Data: US Census Bureau
Unemployment Data: CA Employment Dev Dept
193
Section 6, Item # 6.2
Range of
Number of
Employer Employees Rank
Marysville Joint Unified School District 1,000-4,999 1
Rideout Outpatient 1,000-4,999 1
Beale Air Force Base 500-999 2
Yuba County 251-999 3
Bishop's Pumpkin Farm 250-499 4
Toyota Ampitheatre 250-499 4
Walmart Supercenter 250-499 4
Appeal Democrat 100-249 5
California Dept of Transportation 100-249 5
Lindhurst High School 100-249 5
Lone Tree School 100-249 5
Marysville Care & Rehab Center 100-249 5
Recology Yuba-Sutter 100-249 5
Shoei Food USA 100-249 5
US Post Office 100-249 5
Wheatland School District 100-249 5
1 Information for the City of Wheatland is not available.
Information presented is for the entire Yuba County
Range of
Number of
Employer Employees Rank
2 The City of Wheatland prepared its first Annual Comprehensive Financial Report in 2019, therefore, principal employer information for calendar year 2015 is not available.
City of Wheatland
Principal Employers in Yuba County1
For the calendar year 2024 and Nine Years Ago2
2024
2015
Source: California Employment Development Department
194
Section 6, Item # 6.2
Function 2022 2023 2024 2025
General Government 5.7 6.2 6.0 6.0
Public Safety Non-Sworn 1.2 1.2 2.0 2.0
Public Safety Sworn 9.5 9.8 9.5 9.5
Engineering1 0.0 0.0 0.0 0.0
Community Development2 0.0 0.0 0.0 0.0
Public Works3 6.9 7.8 7.8 7.8
Total 23.3 25.0 25.3 25.3
Function 2017 2018 2019 2020 2021
General Government 5.3 4.8 5.2 5.7 5.3
Public Safety Non-Sworn 0.9 0.9 1.0 1.3 1.2
Public Safety Sworn 9.0 9.0 9.0 9.0 9.0
Engineering1 0.0 0.0 0.0 0.0 0.0
Community Development2 0.0 0.0 0.0 0.0 0.0
Public Works3 6.9 7.2 7.0 7.0 6.9
Total 22.1 21.9 22.2 23.0 22.4
1 The City contracts with Coastland Engineering for engineering services 2 The City contracts with Raney and Associates for planning and building inspection services 3 Public Works includes street, building, park maintenance, and water and sewer operations City of Wheatland
Full-time and Part-time City Employees by Function
For the last 9 fiscal years
Source: City Finance Department
195
Section 6, Item # 6.2
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025
Police Stations 1 1 1 1 1 1 1 1 1
Fire Stations* 1 1 1 1 1 1 1 1 1
Public Works
Street Miles 22.4 22.4 22.4 22.4 22.4 22.4 22.98 22.98 22.98 Street Lights 234 234 234 234 234 234 240 240 240
Parks and Recreation
Parks 5 5 5 5 5 5 5 5 5
Community centers 1 1 1 1 1 1 1 1 1
Ball fields 1 1 1 1 1 1 1 1 1
Utilities
Miles of municipal sewer mains 18 18 18 18 18 18 18 19 19 Miles of water mains 18 18 18 18 18 18 18 19 19
Water wells 6 6 6 6 6 6 6 6 6
Water storage tanks 2 2 2 2 2 2 2 2 2
*Fire services are provided by the Wheatland Fire Protection District City of Wheatland
Capital Asset Statistics by Function
For the last 9 years
Source: City Public Works Department
196
Section 6, Item # 6.2
Function 2021 2022 2023 2024
Police
Calls for service 1792 4861 4094 4300
911 calls per year 475 697 497 560
Public Works
Street Resurfacing (miles) 0 0 0 0
Encroachment permits 9 15 38 31
Parks and recreation
Facility rental hours 128.5 265.5 272.0 278.0
Sports field rental hours 500 532 540 540
Building Valuations
Building permits issued per year 146 54 196 194
Building valuation $ 2,250,231 $ 14,907,185 $ 19,214,432 $ 19,541,199 Utilities
Gallons of wastewater treated per 99 102 105 108
year (in millions)
Business Licenses
Annual business licenses issued 222 247 240 217
Function 2016 2017 2018 2019 2020
Police
Calls for service 1,461 1,625 1776 1452 1400
911 calls per year 315 340 441 439 425
Public Works
Street Resurfacing (miles) 0.00 0.00 0.22 0.034 0.06
Encroachment permits 9 9 6 16 12
Parks and recreation
Facility rental hours 144 157 137 182 29
Sports field rental hours 750 750 750 750 500
Building Valuations
Building permits issued per year 95 106 124 120 133
Building valuation $ 2,465,854 $ 3,145,999 $1,667,422 $2,514,613 $3,965,832 Utilities
Gallons of wastewater treated per 124 125 128 139 108
year (in millions)
Business Licenses
Annual business licenses issued 231 273 265 241 167
City of Wheatland
Operating Indicators by Function
For the last 8 calendar years
Source: City Finance Department
197
Section 6, Item # 6.2
Business Name Business Category Business Name Business Category 3 Hermanos Taqueria Casual Dining Big Al's Market Grocery Autovol Contractors Bills Place Casual Dining
Big Al's Market Grocery Bishops Pumpkin Farm Specialty
Bill's Place Casual Dining Capital Custom Sportswear Leisure/Entertainment Bishops Pumpkin Farm Specialty City Grill Casual Dining Cade Patrick Boeger Leisure/Entertainment Dollar General Variety City Grill Casual Dining Elkins Frosty Quick Svc Restaurant Dollar General Variety Maxs Black Bear BBQ Casual Dining Elkins Frosty Quick Svc Restaurant Mi Pueblito Taqueria Casual Dining Empire Comfort Systems Contractors Primetime Pizza Quick Svc Restaurant Heaven S Gate Specialty Rajs Mini Mart Service Station
Heng Z Huang Casual Dining Ready to Help Estate Sales Business Services Mi Pueblito Taqueria Casual Dining Robertos Restaurant Casual Dining Primetime Pizza Quick Svc Restaurant Southwire Energy/Utilities Raj's Mini Mart Service Station Subway Quick Svc Restaurant Ready to Help Estate Sales Business Services Thrasers Diesel Repair Auto Repair Rincon Alteno Taqueria Casual Dining Tobacco Shop Cigarette/Cigar Subway Quick Svc Restaurant Vacation RVs & Auto Sales Used Auto Dealer Taco Bell Quick Svc Restaurant Village Pharmacy Drug Store Taylors Automotive Auto Repair Wheatland 99 & Liquor Convenience Store Tobacco Shop Cigarette/Cigar Wheatland Elementary School Government/Social Org Wheatland 99 & Liquor Convenience Store Wheatland Smog & Repair Auto Repair Wheatland Smog & Repair Auto Repair Wheatland Station Service Station Wheatland Station Service Station Wheatland Tire Co Auto Repair Wheatland Tire Co Auto Repair Wonderful Chinese Restaurant Casual Dining *Firms listed alphabetically
(represents 99.36% of total sales tax
2015
(represents 98.64% of total sales tax)
City of Wheatland
Top 25 Sales Tax Producers*
Calendar Year 2024 and Nine Years Ago
2024
Source: Hinderliter, de Llamas Assoc, CA Dept of Tax and Fee Administration, State Controller's Office
198
Section 6, Item # 6.2
199
Section 6, Item # 6.2
Page | 1 16450 Monterey Road, Suite #5, Morgan Hill, CA 95037 Tel: 408-217-8749 • E-Fax: 408-872-4159
[email protected] • www.cnallp.com
City of Wheatland
City Council and Management
Wheatland, California
In planning and performing our audit of the financial statements of City of Wheatland as of and for the year ended June 30, 2025, in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, we considered City of Wheatland’s internal control over financial reporting (internal control) as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of City of Wheatland’s internal control.
Accordingly, we do not express an opinion on the effectiveness of City of Wheatland’s internal control over financial reporting.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented or detected and corrected on a timely basis. A reasonable possibility exists when the likelihood of an event occurring is either reasonably possible or probable as defined as follows:
Reasonably possible: The chance of the future event or events occurring is more than remote but less than likely.
Probable: The future event or events are likely to occur.
Our consideration of internal control was for the limited purpose described in the first paragraph and was not designed to identify all deficiencies in internal control that might be material weaknesses.
Given these limitations, during our audit we did not identify any deficiencies in internal control over financial reporting that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.
The following is a summary of new accounting pronouncements from the Governmental Accounting Standards Board:
GASB Statement No. 103, Financial Reporting Model Improvements This Statement is to improve key components of the financial reporting model to enhance its effectiveness in providing information that is essential for decision making and assessing a government’s accountability.
This Statement establishes new accounting and financial reporting requirements or modifies existing requirements related to (a) Management’s discussion and analysis (MD&A) (b) Unusual or infrequent items (c) Presentation of the proprietary fund statement of revenues, expenses, and changes in fund net position (d) Information about major component units in basic financial statements (5) Budgetary comparison information (6) Financial trend information in the statistical section 200
Section 6, Item # 6.2
Page | 2 16450 Monterey Road, Suite #5, Morgan Hill, CA 95037 Tel: 408-217-8749 • E-Fax: 408-872-4159
[email protected] • www.cnallp.com
The requirements of this Statement are effective for fiscal years beginning after June 15, 2025, and all reporting periods thereafter.
GASB Statement No. 104, Disclosure of Certain Capital Assets This Statement requires certain types of capital assets to be disclosed separately in the capital assets note disclosures required by Statement 34. Lease assets recognized in accordance with Statement No. 87, Leases, and intangible right-to-use assets recognized in accordance with Statement No. 94, Public-Private and Public-Public Partnerships and Availability Payment Arrangements, should be disclosed separately by major class of underlying asset in the capital as-sets note disclosures.
Subscription assets recognized in accordance with Statement No. 96, Subscription-Based Information Technology Arrangements, also should be separately disclosed. In addition, this Statement requires intangible assets other than those three types to be disclosed separately by major class.
This Statement also requires additional disclosures for capital assets held for sale. A capital asset is a capital asset held for sale if (a) the government has decided to pursue the sale of the capital asset and (b) it is probable that the sale will be finalized within one year of the financial statement date.
Governments should consider relevant factors to evaluate the likelihood of the capital asset being sold within the established time frame. This Statement requires that capital assets held for sale be evaluated each reporting period. Governments should disclose (1) the ending balance of capital assets held for sale, with separate disclosure for historical cost and accumulated depreciation by major class of asset, and (2) the carrying amount of debt for which the capital assets held for sale are pledged as collateral for each major class of asset. The requirements of this Statement are effective for fiscal years beginning after June 15, 2025, and all reporting periods thereafter.
Purpose of Communication
The purpose of this communication, which is an integral part of our audit, is to describe, for management and those charged with governance, the scope of our testing of internal control and the results of that testing. Accordingly, this communication is not intended to be and should not be used for any other purpose.
Respectfully,
November 24, 2025
Morgan Hill, California
201
Section 6, Item # 6.2
City Council Meeting Staff Report
Meeting Date: January 13, 2026
Subject: City Council Reorganization – Selection of Mayor and Vice Mayor Prepared By: Bill Zenoni, City Manager
Recommendation: Staff recommends that the Wheatland City Council discuss and confirm the selection of Mayor and vice Mayor for the 2026 calendar year.
Discussion: Each year, the City Council selects two Council members to serve in the role of Mayor and Vice Mayor. On December 10, 2024, the Wheatland City Council selected Council member Angela Teter to serve as Mayor and Council member Lisa McIntosh to serve as Vice Mayor for the 2025 calendar year.
The City Council must now select a Mayor and Vice Mayor to service in these roles for the 2026 calendar year.
Fiscal Impact: There is no fiscal impact associated with this item.
Attachments: None
202
Section 6, Item # 6.3
City Council Meeting Staff Report
Meeting Date: January 13, 2026
Subject: City Council Committee and Board Appointments
Prepared By: Bill Zenoni, City Manager
Recommendation: Staff recommends that the Wheatland City Council discuss and confirm appointments to the City’s various committees and boards..
Discussion: Each year, the City Council makes appointments to various committees and boards after appointment of the Mayor and Vice Mayor. Attached are the 2025 committee and board appointments which were approved by the City Council on January 14, 2025 or subsequent to that date. Also attached is a letter received from the Yuba County Historic Resources Commission requesting that an individual (Council member or member of the public) be appointed to serve on that Commission.
Fiscal Impact: There is no fiscal impact associated with this item.
Attachments:
1. 2025 City Council Committee and Board Members
2. Letter from Yuba County Historic Resources Commission 203
Section 6, Item # 6.4
CITY OF WHEATLAND
2025 COMMMITTEE AND BOARD APPOINTMENTS
COMMITTEE/BOARD MEETING DATES STIPEND
Member Member Alternate
Beale Air Force Base Teter Coe TBD/As Needed None
General Plan Ad-Hoc Committee B. Abe J. Abe TBD/As Needed None Government Affairs Committee of the Sutter Yuba Homeless Consortium McIntosh - Coe TBD/As Needed None Community Communication & Outreach McIntosh - TBD/As Needed None Economic Development Sub-Committee Coe Teter TBD/As Needed None Feather River Air Quality Management District B. Abe - J. Abe 1st Monday of Feb, April, June, Aug, Oct, Dec - 4:00 pm $100/mtg Finance Committee McIntosh J. Abe TBD/As Needed None
Local Agency Formation Commission Teter - Coe 1st Wednesday of Jan, March, May, July, Sept, Nov - 6:00 pm None Pool Ad-Hoc Committee Coe Teter TBD/As Needed None
Regional Sewer Ad-Hoc Committee Teter Coe J. Abe TBD/As Needed None Regional Waste Management Authority Teter Coe 3rd Thursday of each month - 4:30 pm $100/mtg Sacramento Area Council of Governments (SACOG) Teter J. Abe 3rd Thursday of each month - 9:30 am $100/mtg South Yuba Transportation B. Abe Coe TBD/As Needed None Sutter-Yuba Mosquito & Vector Control District
Joshua Luce (term
expires Dec 2026) - 2nd Thursday of each month - 4:30 pm $100/mtg Wheatland Fire Authority McIntosh Coe Teter 2nd Thursday of each month - 6:00 pm None Yuba County Historical Resources Commission tbd - tbd 2nd Wednesday of each month - 5:30 pm None Yuba County/Wheatland Liaison Mayor Vice Mayor TBD/As Needed None Yuba-Sutter Economic Development Corporation Coe B. Abe 1st Friday of Feb, May, Aug, Nov - 7:30 am None 2X2X2 (Wheatland School District) Coe Teter TBD/As Needed None Wheatland Planning Commission Term Expires
Gregory Hart December 31, 2028
Debbie Panteloglow December 31, 2026
David Pesenti December 31, 2026
Ryan Epperson December 31, 2028
Ken Thomason December 31, 2026
COMMITTEE/BOARD MEMBERS
Planning Commission is scheduled to meet on the
first and third Tuesdays of each month, pending
agenda items
$50/month
204
Section 6, Item # 6.4
October 21, 2025
To: Lisa Thomason, Wheatland City Clerk
From: Sue Cejner-Moyers, Chair, Yuba County Historic Resources Commission Roberta D’Arcy, Vice Chair
Re: Vacancy Yuba County Historic Resources Commission
YCHRC is commissioned by the Yuba County Board of Supervisors to identify, protect, and preserve the extensive history of Yuba County. Members are appointed from each of the 5 districts and the cities of Marysville and Wheatland in addition to at large positions. We have been without a Wheatland City Council representative for several years. It is not necessary that the person be from the City Council but rather an enthusiastic supporter of Wheatland history.
Please forward this letter to the Wheatland City Council so it may be agendized and an appointment made. Please call Roberta (530-701-0175 if further information is needed. 205
Section 6, Item # 6.4