SPECIAL INSTRUCTIONS:
1. When two (2) or more permits are filed concurrently, only one environmental fee is required.
2. No environmental fee is required of a project is exempt for the City of Wildomar “rules to Implement the California Environmental Quality Act (CEQA).
3. All per acre fees are based on the gross acreage for the project site.
4. Where a maximum fee is indicated, the maximum fee refers to the base fee added to any additional per lot, per acre, or other fee.
5. The “Asterisk” ( * ) symbol in the column indicates that an Environmental Assessment may be requi red for the project application (See CEQA fees).
REFUND OF FEES: NON-DEPOSIT CASES:
Whenever an application is terminated for any reason, the Planning Department may If any portion of the application fees have been paid by the Planning Department to another jurisdiction, agency, or department for the performance of services related to the application, the Plannin g Department with bit refund any such portion of fees until the other jurisdiction, agency or department authorizes the Planning Department to do so. In the absence of such authorization, it will be the applicant’s responsibility to contact the other jurisdiction, agency or department for a refund of the fees paid to it, in accordance with the Refund Policy Statement.
, in accordance with
the Refund Policy statement adopted by the City Council, refund unused fees paid, upon the written request of the applicant.
The Planning Department shall retain a processing fee of $82.00 from the total amount refunded.
REFUND OF FEES: DEPOSIT-BASED CASES:
Within 45 days of the final closure of any deposit-based case, a full refund will be processed for those cases with a balance greater than $5.00.
ABANDONED AND EXPIRED APPLICATIONS:
In accordance wit the policy adopted by the City Council of the City of Wildomar upon incorporation, if there is no activity by an applicant on an application for more than one year and less than two years, the application is abandoned and any deposit fees remaining will be refunded.
PLANNING APPLICATIONS
APPLICATION OR PERMIT TYPE
EA
BASE
FEE
PER
LOT
FEE)
PER
UNIT
FEE
PER
ACRE
FEE
NOTES/OTHER FEES IF APPLICABLE
PRE-APPLICATION REVIEW (PAR) 500 DEPOSIT BASED FEE (NOTES 8) ($2,500 submittal typical)
APPEALS
(ORD. 348)
APPEAL TO: PLANNING COMMISSION OR
CITY COUNCIL
964 $224 IF FIRE CONDITION APPEALED
$177 IF B&S CONDITIONS APPEALED
$313 IF FLOOD CONDITIONS APPEALED
$565 IF TRANS. CONDITIONS APPEALED
CHANGE OF
ZONE
ALL * 3,577 DEPOSIT BASED FEE (NOTES 2, 3, 5 8)
CONDITIONAL
USE PERMIT
GENERAL
MOBILE HOME PARK
R.V. PARK
*
*
*
9,457
8,516
6,904
$5 PER LOT OR SITE
$7 PER LOT OR SITE
$7 PER LOT OR SITE
DEPOSIT BASED FEE (NOTES 1, 2, 3, 4 ,5, 8)
DEPOSIT BASED FEE (NOTES 1, 2, 3, 4 ,5, 8)
DEPOSIT BASED FEE (NOTES 1, 2, 3, 4 ,5, 8)
EXTENSION OF
TIME
COMMERCIAL WECS VARIANCE
CUP’S & PLOT PLANS
PUBLIC USE PERMITS
494
685
632
SEE NOTE 5
GENERAL PLAN
AMENDMENT
GENERAL
CIRCULATION SECTION
*
*
7,333
8,160
DEPOSIT BASED FEE (SEE NOTE 8)
DEPOSIT BASED + $250 PER RD. SEGMENT
(NOTE 7
REVISED
PERMITS
CUP GENERAL
CUP MOBILE HOME PARK
CUP RV PARK
PLOT PLAN W/PUBLIC HEARING
PLOT PLAN/TRANSMITTED
PLOT PLAN/KENNEL- CATTERY
PUP GENERAL
PUP LARGE FAMILY DAY CARE
VARIANCE
ACCESSORY WECS
COMMERCIAL WECS
*
*
*
*
*
*
*
*
*
*
*
3,806
2,791
2,578
1,831
1,374
928
2,594
746
1,635
1,085
2,573
DEPOSIT BASED FEE (SEE NOTE 5, 8)
DEPOSIT BASED FEE (SEE NOTE 5, 8)
DEPOSIT BASED FEE (SEE NOTE 5, 8)
DEPOSIT BASED FEE (SEE NOTE 5, 8)
DEPOSIT BASED FEE (SEE NOTE 5, 8)
DEPOSIT BASED FEE (SEE NOTE 5, 8)
DEPOSIT BASED FEE (SEE NOTE 5, 8)
DEPOSIT BASED FEE (SEE NOTE 5, 8)
DEPOSIT BASED FEE (SEE NOTE 5, 8)
DEPOSIT BASED FEE (SEE NOTE 5, 8)
DEPOSIT BASED FEE (SEE NOTE 5, 8)
CERTIFICATE OF
ZONING
COMPLIANCE
OUTDOOR ADVERTISING 657 DEPOSIT BASED FEE (SEE NOTE 8)
PLOT PLANS EXEMPT FROM CEQA/GOVERNMENT
EXEMPT FROM CEQA/PLANNING
NOT EXEMPT FROM CEQA
*
3,945
500
4,698
DEPOSIT BASED FEE (NOTES 1, 2, 3, 4 ,5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 1, 2, 3, 4 ,5, 8)
PUBLIC USE PERMIT * 7,522 DEPOSIT BASED FEE (NOTES 1, 2, 3, 4 ,5, 8)
SECOND UNIT
PERMIT
GENERAL
RENEWAL
2,975
26 DEPOSIT BASED FEE (NOTE 8)
SETBACK ADJUSTMENT 300 DEPOSIT BASED FEE (NOTE 8)
SPECIFIC PLAN * 18,327 DEPOSIT BASED FEE (NOTES 2, 3 8) AMENDMENT TO SPECIFIC PLAN * 9,164 DEPOSIT BASED FEE (NOTES 2, 3 8)
SUBSTANTIAL
CONFORMANCE
ORD. 348, SEC. 18.43 CIRC.
ORD. 348, SEC 18.43 UNCIRCULATED
SPECIFIC PLANS
COMMERCIAL ACCESSORY WECS
1,116
389
2,400
568
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 8)
TEMPORARY USE PERMIT * 2,649 DEPOSIT BASED FEE (NOTE 8)
VARIANCE FILED WITH CUP, PLOT PLAN
FILED ALONE
* 1,349
2,574
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 8)
WIND ENERGY
CONVERSION
SYSTEMS (WECS)
ACCESSORY – CEQA EXEMPT
COMMERCIAL WECS PERMIT
NOISE STUDY
*
*
1,100
5,637
500
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 4, 8)
(DEPOSIT $500 W/ENV HEALTH)
LARGE FAMILY DAY CARE 250 ADDITIONAL $1,000 - HEARING REQ.
HAZARDOUS WASTE FACILITY SITING PERMIT * 16,451 43 DEPOSIT BASED FEE (NOTES 5, 8)
KENNELS &
CATTERIES
CLASS I
CLASS II
CLASS III
CLASS IV
*
*
*
500
4,698
4,698
9,547
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 8)
CROWING FOWL PERMIT * 213 DEPOSIT BASED FEE (NOTE 8) TEMP. OUTDOOR
EVENT
EXEMPT FROM CEQA
NOT EXEMPT FROM CEQA
*
378
854
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 8)
PRE-EXISTING
NONCONFORMING
USE
VERIFICATION
EXTENSION
213
9,457
$5 PER LOT OR SITE
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 8)
SUBDIVISION APPLICATIONS
APPLICATION OR PERMIT TYPE
EA
BASE
FEE
PER
LOT
FEE
PER
UNIT
FEE
PER
ACRE
FEE
NOTES/OTHER FEES IF APPLICABLE
CERTIFICATE OF
LAND DIVISION
COMPLIANCE
FEE PER PARCEL
IF CONDITIONED
WITH WAIVER OF FINAL PM
500
900
311
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 8)
LAND DIVISION
MAP
PM’s (Per Phase or Tract No.) sewered
PM’s (Per Phase of Tract no.) unsewered
TM’s (Per Phase or Tract No.) sewered
TM’s (Per Phase of Tract no.) unsewered
*
*
*
*
419
500
419
500
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 8)
MULTI-FAMILY
TRACTS
RESIDENTIAL/CONDOS (Sewered)
RESIDENTIAL/CONDOS (Unsewered)
REVISED MAP (Within 2 Years)
REVISED MAP (After 2 Years)
*
*
*
*
8,698
8,718
6,044
6,362
77 77
243
77 19
19 20
20 DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
PARCEL MAPS COMMERCIAL/INDUSTRIAL (sewered)
COMMERCIAL/INDUSTRIAL (unsewered)
RESIDENTIAL (with waiver of final map)
RESIDENTIAL (w/out waiver of final map)
REVISED MAP (comm/ind within 2 years)
REVISED MAP (residential within 2 years)
REVISED MAP (comm/ind after 2 years)
REVISED MAP (residential after 2 years)
*
*
*
*
*
*
*
*
8,259
8,155
5,629
5,511
1,397
1,397
1,516
1,547
24 24
96 102
77 90
41 104
19 19
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
SINGLE FAMILY
TRACTS
NOT IN R-2, R-4, R-6 ZONES (sewered)
IN R-2, R-4, R-6 ZONES
NOT IN R-2, R-4, R-6 ZONES (unsewered)
REVISED MAP IN R-2 (within 2 years)
REVISED MAP NOT IN R-2 (within 2 years)
REVISED MAP IN R-2 (after 2 years)
REVISED MAP NOT IN R-2 (after 2 years)
*
*
*
*
*
*
*
8,931
11,146
8,827
5,702
3,880
5,722
3,900
93 100
93 75
70 75
75 19
19 19
23 18
23 18
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
VESTING MAPS STATUTORY CONDO MAPS
APPEALS DUE TO EXTENSION OF TIME
* 581
117
$224 IF FIRE CONDITION APPEALED
$165 IF ROAD CONDITIONS APPEALED
EXTENSION OF
TIME
TRACT MAPS
PARCEL MAPS
332
333
LOT LINE ADJUSTMENT 670 DEPOSIT BASED FEE (NOTE 8)
MINOR CHANGE TRACT MAPS/TRACTS
PARCEL MAPS
1,084
1,046
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
MERGER OF CONTIGUOUS PARCELS 400 DEPOSIT BASED FEE (NOTES 8) REVERSION TO ACREAGE 977 DEPOSIT BASED FEE (NOTES 8)
AMENDMENT TO
FINAL MAP
CONDOS/SINGLE FAMILY RES. TRACTS
PARCEL MAPS
* 3,052
2,882
16 15
9 9
DEPOSIT BASED FEE (NOTES 8)
DEPOSIT BASED FEE (NOTES 8)
EXPIRED
RECORDABLE
TRACT MAPS
SINGLE FAMILY RES TRACTS
MULTI-FAMILY RES TRACTS
*
*
3,911
4,094
23 5
18 19
DEPOSIT BASED FEE (NOTES 8)
DEPOSIT BASED FEE (NOTES 8)
FINAL TRACT MAP
FINAL CONDO MAP
*
*
1,652
895
6 1
25 (MAXIMUM $2,250 PER ACRE)
OTHER APPLICATIONS/CEQA
APPLICATION OR PERMIT TYPE
EA
BASE
FEE
PER
LOT
FEE
PER
UNIT
FEE
PER
ACRE
FEE
NOTES/OTHER FEES IF APPLICABLE
HOG RANCHES NEW APPLICATION
INSPECTION FEES (Less than 788 Hogs)
INSPECTION FEES (More than 789 Hogs)
LATE FEE
AMEND PERMIT - Change # of hogs/10 (A)
AMEND PERMIT – Increase # of hogs/10 (B)
* 2,014
150
27%
36 202
19 DEPOSIT BASED FEE (NOTES 8)
FOR 788 HOGS OR LESS
$19 PER 100 HOGS OVER 789
OF INSPECTION FEE
SECTION 10 (A)
SECTION 10 (B)
ALQUIST PRIOLO
ACT
GEOLOGIC REPT APPROVAL – ORD 547
WAIVER GEOLOGIC REPT – ORD 547
1,200
140
DEPOSIT BASED FEE (Both)
+ $22/ACRE OVER 10 ($823 Max/acre)
+ $372 IF SUBMITTED TO THE STATE
ORDINANCE NO. 555 SURFACE MINING PERMIT
RECLAMATION PLANS
APPEAL OF PC DECISION ON SMP
SUBSTANTIAL CONFORMANCE
REVISED PERMIT
*
*
9,360
3,587
398
723
3,231
DEPOSIT BASED FEE (NOTES 5, 8)
DEPOSIT BASED FEE (NOTES 5, 8)
+ $81 IF ROAD COND. ARE APPEALED
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTES 5, 8)
ORDINANCE NO. 559 TREE REMOVAL APPLICATION 260 DEPOSIT BASED FEE (NOTE 8)
ORDINANCE NO. 578 CERTIFICATE OF HISTORIC
APPROPRIATENESS APPEALS
705
129
DEPOSIT BASED FEE (NOTE 8)
ARCHIVAL SEARCH FOR PLANNING INFORMATION
RESEARCH FEE FRO PLANNING INFORMATION
PROFESSIONAL PLANNER SERVICES
PROFESSIONAL GEOLOGIST SERVICES
REVIEW OF CC&R’s BY CITY ATTORNEY
63/hr
72/hr
172/hr
418/hr
$15.75 PER 1/4 HR
$18 PER 1/4 HR
$43 PER 1/4 HR
$46 PER 1/4 HR
DEPOSIT BASED FEE (NOTE 8)
REVIEW OF SPECIFIC PLAN ZONING ORD BY CITY ATTORNEY 2,092 DEPOSIT BASED FEE (NOTE 8)
AGRICULTURAL
PRESERVES
ESTABLISHMENT/ENLARGEMENT
(APPLICANT INITIATED)
1,640 DEPOSIT BASED FEE + NON-REFUNDABLE
$138 PER OWNERS PETITION
$138 PER EACH CONTRACT APPROVAL
DISESTABLISHMENT/ENLARGEMENT AG
PRESERVE PURSUANT TO NOTICE OF
NON-RENEWAL
1,550 DEPOSIT BASED FEE (NOTE 8)
ESTABLISHMENT/ENLARGEMENT (CITY
COUNCIL INITIATED)
147 DEPOSIT BASED FEE + $138 PER
CONTRACT
CONTRACT WITHIN ESTABLISHED
PRESERVE
147 DEPOSIT BASED FEE + $138 PER
CONTRACT
CANCELLATION/DIMINISHMENT OF AG
PRESERVE (APPLICANT INITIATED)
* 1,550 DEPOSIT BASED FEE (NOTE 8)
CANCELLATION/DIMINISHMENT OF AG
PRESERVE (CITY COUNCIL INITIATED)
N/C
NOTICE OF NON-RENEWAL 252 DEPOSIT BASED FEE (NOTE 8)
CALIFORNIA DEPT
FISH & GAME FEE
RIVERSIDE COUNTY CLERK FEE
NEGATIVE DECLARATION & MND
ENVIRONMENTAL IMPACT REPORT
64 2,044
2,839.25
REQUIRES COUNTY CLERK FEE
REQUIRES COUNTY CLERK FEE
RULES TO
IMPLEMENT CEQA
APPLICATION FOR GRADING PERMIT
APPLICATION FOR COMM. WECS
951
507
6 6
DEPOSIT BASED FEE (NOTE 8) MAX $2,729
DEPOSIT BASED FEE (MAX AC. $2.201)
PLUS $329 PER MW – NOTE 8)
APPLICATION FOR TREE REMOVAL
ALL OTHER APPLICATIONS
259
472
6 DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 8)
ENVIRONMENTAL
IMPACT REPORT
SPONSOR PREPARED EIR
PREVIOUSLY PREPARED EIR
* 8,439
1,936
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 8)
LAFCO CATEGORICAL EXEMPTION
REVIEW
INITIAL STUDY
*
80 N/C
562
GEOLOGY CEQA FAULT HAZARD REPORT REVIEW
GEOLOGIC WAIVER
LIQUEFACTION REPORT
1,200
140
1,200
DEPOSIT BASED FEE ALL (NOTE 8)
PLUS $22 PER ACRE OVER 10 ACRES
(MAXIMUM COMPONENT OF $823)
DEVELOPMENT AGREEMENTS * 5,000 DEPOSIT FEE BASED + ADDITIONAL $$ SCHOOL
MITIGATION
PLANS
APPEALS 743 DEPOSIT BASED FEE (NOTE 8)
EXCEPTIONS TO
NOISE ORD 847
EXEMPT FROM CEQA
NOT EXEMPT FROM CEQA
*
*
378
854
DEPOSIT BASED FEE (NOTE 8)
DEPOSIT BASED FEE (NOTE 8)
1. WHEN APPLICABLE, FLOOD CONTROL PLAN CHECK FEE - PAYABLE DIRECTLY TO FLOOD CONTROL DISTRICT.
NOTES:
2. WHEN APPLICABLE, ADD $750 IF FLOOD CONTROL SPECIAL STUDY MINOR CASE – PAYABLE DIRECTLY TO RCFCD.
3. WHEN APPLICABLE, ADD $3,000 IF FLOOD CONTROL SPECIAL STUDY MINOR CASE - PAYABLE DIRECTLY TO RCFCD.
4. WHEN APPLICABLE, ADD $250 IF TRANSPORTATION PLAN CHECK (INITIAL DEPOSIT) – PAYABLE DIRECTLY TO TRANS. DEPT.
5. WHEN APPLICABLE, ADD $1,252 OR $1,811 IF TRAFFIC STUDY REQUIRED - PAYABLE DIRECTLY TO TRANSPORTATION DEPT.
6. ADD $26 PER TRACT OR UNIT NO. - PAYABLE DIRECTLY TO TRANSPORTATION DEPT.
7. MAXIMUM TOTAL OF $14,711.
8. DEPOSIT BASED FEES ARE SUBJECT TO ADDITIONAL CHARGES IF NECESSARY.
FEE CALCULATION METHODOLOGY
___________ ___________________________ _____________________________ _______________ ________ ______________ BASE FEE + [PER LOT FEE X # OF LOTS] + [ACREAGE FEE X # OF ACRES] = SUBTOTAL X 1.020 = TOTAL FEE
1 CITY OF WILDOMAR – CITY COUNCIL
Agenda Item #1.8
CONSENT CALENDAR
Meeting Date: March 9, 2022
______________________________________________________________________
TO: Mayor and City Council Members
FROM: Jason Farag, Capital Projects Manager
SUBJECT: Resolutions Approving the Filing of Applications for Grant Funds from the Recreational Trails Program (RTP)
STAFF REPORT
RECOMMENDATION:
Staff recommends that the City Council adopt Resolutions entitled:
RESOLUTION NO. 2022-_______
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WILDOMAR, CALIFORNIA
APPROVING THE APPLICATION FOR GRANT FUNDS FOR THE WILDOMAR TRAIL 27-ACRE PARK FROM THE RECREATIONAL TRAILS PROGRAM
RESOLUTION NO. 2022-_______
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WILDOMAR, CALIFORNIA
APPROVING THE APPLICATION FOR GRANT FUNDS FOR THE BUNDY CANYON
ROAD ACTIVE TRANSPORTATION CORRIDOR FROM THE RECREATIONAL TRAILS
PROGRAM
BACKGROUND:
The Recreational Trails Program (RTP) provides funds annually for recreational trails and trails-related projects to develop and maintain Recreational Trails and trail -related facilities for both non- motorized and motorized Recreational Trail uses . The RTP is a state-administered local assistance program of the U.S. Department of Tr ansportation’s Federal Highway Administration (FHWA). Within the State of California, the Department of Parks and Recreation is authorized to administer the program. Non- motorized RTP Projects are administered by the Office of Grants and Local Services (OGALS).
This program offers funding opportunities for the development and rehabilitation of existing trails, trailside, and trailhead facilities, and offers funding for the c onstruction of new trails. The program funds are competitive . The RTP grant application procedures require, among other things, a Grantee’s governing body to declare by Resolution certain authorizations related to the administration of the p rogram grants. OGALS requires that governing bodies approve a Resolution authorizing the filing of application packets for the RTP.
DISCUSSION:
Applying for RTP grant funds is important in meeting the City's goals and objectives identified in the Active Transportation Plan. City staff actively seek competitive and non- competitive grant opportunities to help fund City projects , and these grants sometimes require an authorization by resolution for the agency to submit a grant application . The City is proposing to submit two grant applications to the RTP Program this year, as summarized in Table 1 below. Exhibits of both projects are included in Attachment A. A copy of the grant program’s General Provisions are included in Attachment B. Grants are due on or before April 7, 2022. Staff is currently working with the City’s grant writing consultant to prepare these applications.
Table 1 - Projects for RTP Grant Application
CIP Project Focus of Grant
Application Description
CIP 062 (New
27 Acre Park)
27-Acre Park
Trails
Includes an approximate 1.1 -mile trail
network. Related improvements, such as
the bike park, habitat restoration, club
area, green space, shade structures and
amenities, and parking may also be
included in the grant application
depending on item eligibility and
competitiveness.
CIP 026-3
(Bundy Canyon
Rd. ATP
Corridor)
Bundy Canyon Rd.
Active
Transportation
Corridor
Improvements
Includes an approximate 2.2 -mile
pedestrian and bicycle path along Bundy
Canyon Rd. from Monte Vista Dr. to just
east of The Farm Rd. with related
improvements such as trail fencing and
lighting.
Both projects in Table 1 are included in the City’s approved 5-Year Capital Improvement Program, and the trails in both projects are included in and consistent with the City’s adopted Active Transportation Plan. These projects are also consistent with the goals and policies of the City’s General Plan.
FISCAL IMPACTS:
Staff is currently preparing the cost estimates for the two grant applications. Should a City grant application be selected for award, the funding amount would be determined based on the total project cost submitted in the grant application. The maximum amount of RTP funds allowed for each project is 88%. The City would be responsible for providing a local match amount that is a minimum of 12%. The specific funding source for the local match will be identified at the time the grant application is finalized. If either project is award, the grant funds and local match will be included in the budget for that project.
The City will be responsible for the on- going operation and maintenance of the projects, once constructed.
Submitted by: Approved by:
Jason Farag Dan York
Capital Projects Manager City Manager
ATTACHMENTS:
Resolutions
Attachment A – Project Exhibits
Attachment B – Grant General Provisions
RESOLUTION NO. 2022 - _______
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
WILDOMAR, CALIFORNIA APPROVING THE
APPLICATION FOR GRANT FUNDS FOR THE WILDOMAR
TRAIL 27 -ACRE PARK FROM THE RECREATIONAL
TRAILS PROGRAM
WHEREAS, the Fixing America’s Surface Transportation Act (FAST-ACT) provides funds to the State of California for Grants to federal, state, local and non-profit organizations to acquire, develop and/or maintain motorized and non-motorized trail Projects; and
WHEREAS, the State Department of Parks and Recreation has been delegated the responsibility by the Legislature of the State of California for the administration of the Per Capita Grant Program, setting up necessary procedures governing application(s); and
WHEREAS, said procedures established by the State Department of Parks and Recreation require the grantee’s Governing Body to certify by resolution the approval of project application(s) before submission of said applications to the State; and
WHEREAS, the Applicant will enter into a Contract with the State of California to complete the Project(s);
NOW, THEREFORE, BE IT RESOLVED that the City Council hereby:
1. Approves the filing of an project Application for the Recreational Trails Program; and
2. Certifies that the Project is consistent with the Applicant’s general plan or the equivalent planning document; and
3. Certifies that said Applicant has or will have available prior to commencement of any work on the Project(s) included in this Application, sufficient funds to operate and maintain the Project(s); and
4. Certifies that the Applicant has reviewed, understands, and agrees to the General Provisions contained in the Contract shown in the Procedural Guide; and
5. Appoints the City Manager or their designee as agent to conduct all negotiations, execute and submit all documents, including, but not limited to Applications, agreements, amendments, payment requests and so on, which may be necessary for the completion of the Project.
6. Agrees to c omply with all applicable federal, state and local laws, ordinances, rules, regulations and guidelines.
PASSED, APPROVED AND ADOPTED this 9th day of March, 2022.
________________________
Ben J. Benoit
Mayor
APPROVED AS TO FORM: ATTEST:
____________________ _______________________
Thomas D. Jex Janet Morales
City Attorney City Clerk
RESOLUTION NO. 2022 - _______
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
WILDOMAR, CALIFORNIA APPROVING THE
APPLICATION FOR GRANT FUNDS FOR THE BUNDY
CANYON ROAD ACTIVE TRANSPORTATION CORRIDOR
FROM THE RECREATIONAL TRAILS PROGRAM
WHEREAS, the Fixing America’s Surface Transportation Act (FAST-ACT) provides funds to the State of California for Grants to federal, state, local and non-profit organizations to acquire, develop and/or maintain motorized and non-motorized trail Projects; and
WHEREAS, the State Department of Parks and Recreation has been delegated the responsibility by the Legislature of the State of California for the administration of the Per Capita Grant Program, setting up necessary procedures governing application(s); and
WHEREAS, said procedures established by the State Department of Parks and Recreation require the grantee’s Governing Body to certify by resolution the approval of project application(s) before submission of said applications to the State; and
WHEREAS, the Applicant will enter into a Contract with the State of California to complete the Project(s);
NOW, THEREFORE, BE IT RESOLVED that the City Council hereby:
1. Approves the filing of a project Application for the Recreational Trails Program; and
2. Certifies that the Project is consistent with the Applicant’s general plan or the equivalent planning document; and
3. Certifies that said Applicant has or will have available prior to commencement of any work on the Project(s) included in this Application, sufficient funds to operate and maintain the Project(s); and
4. Certifies that the Applicant has reviewed, understands, and agrees to the General Provisions contained in the Contract shown in the Procedural Guide; and
5. Appoints the City Manager or their designee as agent to conduct all negotiations, execute and submit all documents, including, but not limited to Applications, agreements, amendments, payment requests and so on, which may be necessary for the completion of the Project.
6. Agrees to comply with all applicable federal, state and local laws, ordinances, rules, regulations and guidelines.
PASSED, APPROVED AND ADOPTED this 9th day of March, 2022.
________________________
Ben J. Benoit
Mayor
APPROVED AS TO FORM: ATTEST:
____________________ _______________________
Thomas D. Jex Janet Morales
City Attorney City Clerk
ATTACHMENT A
BRILLANTE DR.
WILDOMAR TRAIL
LA ESTRELLA RD.
SUSAN DR.
PEGGY LN.
N
RONALD REGAN
ELEMENTARY SCHOOL
Figure 1 - Wildomar Trail 27-Acre Park
SUNSET AVE. &
COTTONWOOD CANYON RD.
MENIFEE
WILDOMAR
CHERRY ST.
THE FARM RD.
BUNDY CANYON RD.
BUNDY CANYON RD.
PROJECT LIMITS
MONTE VISTA DR.
N
Figure 2 - Bundy Canyon Rd. Active Transportation Corridor
ATTACHMENT B
Grant Contract for Grants Funded by Recreational Trails Program Grantee agrees that lands acquired with Grant monies shall not be acquired through the use of eminent domain.
GENERAL PROVISIONS
A. Definitions
The term "Act" as used herein means the Recreational Trails Program pursuant to state and federal statutes.
1. The term “Application” as used herein means the individual Project Application and its required attachmen
ts for Grants pursuant to the enabling legislation and/or Grant program.
2. The term “Acquisition” means to obtain fee title or easement of real property. Leases or rentals do not c
onstitute Acquisition.
3. The term “Department” means the California Department of Parks and Recreation.
4. The term “Development” means Capital Improvements to real property by construction.
5. The term "Grantee" as used herein means the party described as the Grantee on page 1 of this Contrac
t.
6. The term "State" as used herein means the State of California Department of Parks and Recreation.
B. Project Execution
1. Subject to the availability of Grant monies in the Act, the State hereby Grants to the Grantee a sum of mone
y (Grant monies) not to exceed the amount stated on page 1, or 88% of costs, whichever is less, in consideration of, and on condition that, the sum be expended in carrying out the purposes as set forth in the Scope described in the enabling legislation, and on page 1, and under the terms and conditions set forth in this Contract.
The Grantee shall assume any obligation to furnish any additional funds that may be necessary to c
omplete the Grant Scope. Any modification or alteration in the Project as set forth in the Application on file with the State must be submitted to the State for approval.
2. The Grantee shall complete the Grant Scope in accordance with the time of Contract Performance Period
set forth on page 1, and under the terms and conditions of this Contract.
3. The Grantee shall comply with the California Environmental Quality Act (Public Resources Code, Section
21000, et. seq., Title 14, California Code of Regulations, Section 15000 et. seq.) and the National En
vironmental Policy Act.
4. The Grantee shall comply with all applicable current laws and regulations affecting Development Projects
, including, but not limited to, legal requirements for construction contracts, building codes, health and safety codes, and laws and codes pertaining to individuals with disabilities.
5. Prior to the commencement of any work, the Grantee agrees to submit any significant deviation from the original Gra
nt Scope in writing to the State for prior approval. Changes in the Grant Scope must be approved in writing by the State.
6. If the Grant Scope includes Acquisition of real property, the Grantee will comply with the terms of Title II and Title III, the Uniform Relocati
on Assistance and Real Property Acquisition Policies Act of 1970 (P.L. 91-646), 94 Stat. 1894 (1970), and the applicable regulations and procedures implementing such Act for all real property Acquisitions and where applicable shall assure that the Act has been complied with for property to be developed with assistance under the Contract and the Grantee agrees to comply with the California Government Code Chapter 16 commencing with
RECREATIONAL TRAILS PROGRAM PROCEDURAL GUIDE
54 Section 7260 et seq. and all applicable federal, state and local laws or ordinances affecting relocation and real property Acquisition. Documentation of such compliance will be made available for review upon request by the State.
7. The Grantee shall provide for public access to Project facilities in accordance with the intent and provisions
of the Recreational Trails legislation and/or Grant program.
C. Project Costs
The Grant moneys to be provided Grantee under this contract may be disbursed as follows:
1. If the Project includes Acquisition of real property, the State may disburse the amount of the State approved pu
rchase price together with State approved costs of Acquisition (or 88% of the Project costs, whichever is less), but not to exceed in any event the Grant amount set forth on page 1 of this Contract, upon completion of the Acquisition.
a. After the property is in escrow, the Grantee may request an Advance up to 80% of the Grant or 100% o
f the actual Acquisition cost, whichever is less. The Department shall immediately distribute these funds to the title company charged with the transfer of property ownership. b. The remaining Grant amount shall be paid up to the total Grant amount or the actual Project cost, whiche
ver is less, on completion of the Grant Scope and receipt of the Grant Completion Packet from the Grantee.
2. If the Project includes Development, completion of the Project or any phase or unit thereof, State may disbu
rse to Grant recipient upon receipt and approval by State of a statement of incurred costs from Grant Recipient, the amount of such approved incurred costs shown on such statement, not to exceed the State Grant amount set forth on page 1 of this contract, (or 88% of the Project costs, whichever is less) or any remaining portion of such Grant amount to the extent of such statement. a. On proof of award of a construction contract or commencement of construction by Force Account paymen
t schedule, up to 50% Advance of the Grant amount, or a 80% reimbursement of the Grant amount (30% reimbursement with a 50% Advance), not to exceed 80% of the total dollar amount of any or all awarded construction contracts.
b. The remaining Grant amount shall be paid up to the total Grant amount or the actual Project cost, whiche
ver is less, on completion of the Grant Scope and receipt of the Grant Completion Packet from the Grantee.
3. If the Project includes Operations or Program costs, the State may disburse Grant monies to the Grantee
as follows, but not to exceed in any event the total Grant amount set forth of page 1 of this Contract:
a. On proof of a signed contract or agreement, or commencement of operation or program by Force Accoun
t payment schedule, up to 50% Advance of the Grant amount, or a 80% reimbursement of the Grant amount (30% reimbursement with a 50% Advance), not to exceed 80% of the total dollar amount of any or all awarded contracts or agreements.
b. The remaining Grant amount shall be paid up to the total Grant amount or the actual Program cost, whiche
ver is less, on completion of the Program and receipt of a detailed summary of Program costs from the Grantee.
4. The statements to be submitted by the Grantee shall set forth in detail the incurred cost of work perfo
rmed or to be performed on development of the Project and whether performance will be by construction contract or by Force Account. Statements shall not be submitted more frequently than ninety-day periods unless otherwise requested by the State.
RECREATIONAL TRAILS PROGRAM PROCEDURAL GUIDE
55 D. Budget Contingency Clause
1. If funding for any fiscal year is reduced or deleted by the Budget Act for purposes of this program, the State sh
all have the option to either cancel this contract with no liability occurring to the State, or offer a Contract amendment to Grantee to reflect the reduced amount.
E. Project Administration
1. If grant monies are advanced, and not placed into escrow, the Grantee shall place these monies in a separate
interest bearing account, setting up and identifying such account, prior to the Advance.
Interest earned on grant monies shall be used on the Project as approved by the State. If grant monies are advanced and not expended, the unused portion of the grant and any interest earned shall be returned to the State within 60 days of completion of the Grant Scope or end of the Contract Performance Period, whichever is earlier.
2. Grantee agrees that income earned by the Grantee from a State approved non-recreational use on the Project sha
ll be used for recreational purposes at the Project, or, if approved by the State, for recreational purposes within the Grantee’s jurisdiction.
3. The Grantee shall promptly submit written Project Reports as the State may request. In any event, the Grantee
shall provide the State a report showing total final Project expenditures.
4. The Grantee shall make property or facilities acquired and/or developed pursuant to this Contract ava
ilable for inspection upon request by the State.
5. The Grantee shall make any program developed or administered pursuant to this Contract available for observa
tion upon request by the State.
F. Project Termination
1. Any Grant funds that have not been expended by the Grantee shall revert to the fund.
2. The Grantee may unilaterally rescind this Contract at any time prior to the commencement of the Project.
After Project commencement this Contract may be rescinded, modified or amended only by mutual agreement in writing between the Grantee and the State.
3. Failure by the Grantee to comply with the terms of this Contract or any other Contract under the enabling
legislation may be cause for suspension of all obligations of the State hereunder. However, such failure shall not be cause for the suspension of all obligations of the State hereunder if in the judgment of the State such failure was due to no fault of the Grantee. In such case, any amount required to settle at minimum cost any irrevocable obligations properly incurred shall be eligible for reimbursement under this Contract.
4. Because the benefit to be derived by the State, from the full compliance by the Grantee with the terms of th
is Contract, is the preservation, protection and net increase in the quantity and quality of parks, public recreation facilities and/or Historical Resources available to the people of the State of California and because such benefit exceeds to an immeasurable and unascertainable extent, the amount of money furnished by the State by way of Grant monies under the provisions of this Contract, the Grantee agrees that payment by the Grantee to the State of an amount equal to the amount of the Grant monies disbursed under this Contract by the State would be inadequate compensation to the State for any breach by the Grantee of this Contract. The Grantee further agrees therefore, that the appropriate remedy in the event of a breach by the Grantee of this Contract shall be the specific performance of this Contract, unless otherwise agreed to by the State.
5. The Grantee and the State agree that if the Grant Scope includes Development or a Program, final paymen
t may not be made until the Project conforms substantially to this Contract.
RECREATIONAL TRAILS PROGRAM PROCEDURAL GUIDE
56 G. Hold Harmless
1. The Grantee shall waive all claims and recourse against the State including the right to contribution for loss or
damage to persons or property arising from, growing out of or in any way connected with or incident to this Contract except claims arising from the concurrent or sole negligence of the State, its officers, agents, and employees.
2. The Grantee shall indemnify, hold harmless and defend the State, its officers, agents and employees agains
t any and all claims, demands, damages, costs, expenses or liability costs arising out of the Acquisition, Development, construction, operation or Maintenance of the property described as the Project which claims, demands or causes of action arise under California Government Code Section 895.2 or otherwise except for liability arising out of the concurrent or sole negligence of the State, its officers
, agents, or employees.
3. The Grantee agrees that in the event the State is named as codefendant under the provisions of Californ
ia Government Code Section 895 et. seq., the Grantee shall notify the State of such fact and shall represent the State in the legal action unless the State undertakes to represent itself as codefendant in such legal action in which event the State shall bear its own litigation costs, expenses, and attorney’s fees.
4. The Grantee and the State agree that in the event of judgment entered against the State and the Grantee
because of the concurrent negligence of the State and the Grantee, their officers, agents, or employees, an apportionment of liability to pay such judgment shall be made by a court of competent jurisdiction. Neither party shall request a jury apportionment.
5. The Grantee shall indemnify, hold harmless and defend the State, its officers, agents and employees agains
t any and all claims, demands, costs, expenses or liability costs arising out of legal actions pursuant to items to which the Grantee has certified. The Grantee acknowledges that it is solely responsible for compliance with items to which it has certified.
H. Financial Records
1. The Grantee shall maintain satisfactory financial accounts, documents and records for the Project and to make th
em available to the State for auditing at reasonable times. The Grantee also agrees to retain such financial accounts, documents and records for three years following Project termination or final payment.
2. Grantee shall keep such records as the State shall prescribe, including records which fully disclose (a) the
disposition of the proceeds of state funding assistance, (b) the total cost of the Project in connection with such assistance that is given or used, (c) the amount and nature of that portion of the Project cost supplied by other sources, and (d) any other such records as will facilitate an effective audit.
3. The Grantee and the State agree that during regular office hours each of the parties hereto and their duly au
thorized representatives shall have the right to inspect and make copies of any books, records or reports of the other party pertaining to this Contract or matters related thereto. The Grantee shall maintain and make available for inspection by the State accurate records of all of its costs, disbursements and receipts with respect to its activities under this Contract. Such accounts, documents, and records shall be retained by the Grantee for at least three years following Project termination.
4. The Grantee shall use a generally accepted accounting system.
RECREATIONAL TRAILS PROGRAM PROCEDURAL GUIDE
57 I. Use of Facilities
1. The Grantee agrees that the Grantee shall operate the property acquired, developed, rehabilitated, or restored
with the funds in perpetuity. In the case of lands not held in fee by the Grantee, perpetuity shall be in accordance with the tenure or the length of time sufficient to provide public benefits commensurate with the type and duration of interest in the land held by the Grantee.
2. The Grantee agrees to use the property only for the purposes of the Grant and to make no other use, sale
, or other disposition or conversion of the property except as authorized by a specific act of the Legislature and the property shall be replaced with property of equivalent value and usefulness as determined by the Department.
3. The property acquired or developed may be transferred to another eligible Applicant if the successor Grante
e assumes the obligations imposed under this Contract and with the concurrence of the Department.
J. Nondiscrimination
1. The Grantee shall not discriminate against any person on the basis of sex, race, color, national origin, ag
e, religion, ancestry, sexual orientation, or disability in the use of any property or facility developed pursuant to this Contract.
2. The Grantee shall not discriminate against any person on the basis of residence except to the extent that rea
sonable differences in admission or other fees may be maintained on the basis of residence and pursuant to law.
3. All facilities shall be open to members of the public generally, except as noted under the special provisi
ons of this Project Contract or under provisions of the enabling legislation and/or Grant program.
K. Application Incorporation
1. The Application and any subsequent change or addition approved by the State is hereby incorporated in th
is Contract as though set forth in full in this Contract.
L. Severability
1. If any provision of this Contract or the Application thereof is held invalid, that invalidity shall not affect other p
rovisions or Applications of the Contract which can be given effect without the invalid provision or Application, and to this end the provisions of this Contract are severable.
RECREATIONAL TRAILS PROGRAM PROCEDURAL GUIDE
58 CITY OF WILDOMAR – CITY COUNCIL
Agenda Item #1.9
CONSENT CALENDAR
Meeting Date: March 9, 2022
______________________________________________________________________
TO: Mayor and City Council Members
FROM: Emily Stadnik, Land Development Manager
PREPARED: Ninette Eva, Associate Engineer
SUBJECT: Horizons by Lennar Homes, Tentative Tract Map 36672 Onsite Public Improvement Agreement and Offsite Public Improvement Agreement
STAFF REPORT
RECOMMENDATION:
Staff recommends that the City Council authorize the City Manager to execute the Onsite Public Improvement Agreement and Offsite Public Improvement Agreement with Lennar Homes of California, Inc.
BACKGROUND:
On February 10, 2016, the City Council adopted Resolution No. 2016- 15 approving Tentative Tract Map No. 36672 to subdivide the approximate 18.41 site into three (3) lots to accommodate the proposed project located at the northwest corner of Elizabeth Lane and Prielipp Road. An aerial image of the project site and the surrounding area is provided in Attachment A. On October 7, 2020, the Planning Commission approved a minor change to Tentative Tract Map No. 36672. All the original conditions of approval and mitigation measures adopted by the City Council remained in full force and effect.
Tentative Tract Map No. 36672’s approved expiration date is February 10, 2022. On March 10, 2021, the City Council approved the final map for Tract No. 36672 and executed Subdivision Improvement Agreements for all the lots. The rough grading plan for this residential development is approved and the rough grading agreement and grading bond were approved at the January 12, 2022 council meeting. The project’s improvement plans are currently being processed with the City.
DISCUSSION:
Public Improvement Agreements
In order to complete onsite and offsite public improvements, the Developer is required to enter into an Onsite Public Improvement Agreement and Offsite Public Improvement Agreement (Attachments B and C respectively) with the City. The agreements identify the Developer’s obligations to the City in performing and completing the construction for onsite and offsite public improvements. The agreements also provide the City with bonds to ensure the Developer will fulfill his/her obligations and secure improvements. If the Developer fails to fulfill these obligations, the bonds will provide a mechanism for the City to ensure that the construction site is brought to a safe and acceptable condit ion. The security amounts are based on the Developer’s engineer’s construction cost estimates for the onsite and offsite public improvements.
Staff is requesting that the City Council authorize the City Manager to execute the Onsite Improvement Agreement and Offsite Public Improvement Agreement with Lennar Homes of California, Inc.
FISCAL IMPACT:
There are no fiscal im pacts to the City at this time. All costs related to this process are covered by developer deposits.
Submitted by: Approved by:
Emily Stadnik Daniel A. York
Land Development Manager City Manager
ATTACHMENTS:
A. Aerial Image of Horizons by Lennar Homes, Tract Map No. 36672 B. Onsite Public Improvement Agreement, Surety Bonds, and Onsite Construction Cost Estimate
C. Offsite Public Improvement Agreement, Surety Bonds, and O ffsite Construction Cost Estimate
1 PUBLIC IMPROVEMENT AGREEMENT
NO FEE DOCUMENT
Government Code §6103
RECORDING REQUESTED BY AND
WHEN RECORDED MAIL TO:
CITY OF WILDOMAR
23873 Clinton Keith Road, Suite 201
Wildomar, CA 92595
Attn: City Clerk
The Above Space For Recorder’s Use
Only
Project Name: Horizons by Lennar Homes
Project Address: Northwest of the intersection
of Prielipp Road and
Elizabeth Lane
APN: 380-250-045
Project No.: 21-0117
ONSITE PUBLIC IMPROVEMENT AGREEMENT
This Public Improvement Agreement (“Agreement”) is entered into this 9th day of March, 2022 by and between the City of Wildomar, a California municipal corporation (“City”) and Lennar Homes of California, Inc. (“Principal”). City and Principal may be individual or collectively referred to as a “party” or the “parties” to this Agreement.
RECITALS
A. Principal owns the real property located at APNs 380-250-045, in the City of Wildomar, California, which is more particularly described in Exhibit “A” to this Agreement (“Property”).
B. Principal has applied for and obtained certain development approvals from the City to develop the Property. The development approvals and City ordinances require Principal to construct certain public improvements and dedicate those public improvements to the City after construction is complete.
C. This Agreement memorializes the understanding between the parties regarding the terms and conditions under which Principal will construct and City will accept the required public improvements.
OPERATIVE PROVISIONS
NOW, THEREFORE, in consideration of the mutual promises and covenants made by the parties and contained here and other consideration, the value and adequacy of which are hereby acknowledged, the parties agree as follows:
2 PUBLIC IMPROVEMENT AGREEMENT
1. Construction of Improvements. The Principal agrees to construct and install public improvements on the Property, at the Principal’s own cost and expense - said improvements shown on the onsite improvement plans submitted by Principal and approved by the City as referenced and contained within this Onsite Public Improvement Agreement (“Required Improvements”). Prior to commencing any work, Principal shall, at its sole cost and expense, obtain all necessary permits and approvals and give all necessary and incidental notices required for the lawful construction of the Required Improvements and performance of Principal’s obligations under this Agreement. The Required Improvements shall be constructed in accordance with all approved plans, specifications, standard drawings, and special amendments thereto on file with the City, as well as all applicable federal, state, and local laws, ordinances, regulations, codes, standards, and other requirements applicable at the time work is actually commenced. Principal shall complete the construction of the Required Improvements within twelve months of the date of this Agreement. a. Standard of Performance. Principal and its contractors, if any, shall perform all work required to construct the Required Improvements under this Agreement in a skillful and workmanlike manner, and consistent with the standards generally recognized as being employed by professionals in the same discipline in the State of California. Principal represents and maintains that it or its contractors shall be skilled in the professional calling necessary to perform the work. Principal warrants that all of its employees and contractors shall have sufficient skill and experience to perform the work assigned to them, and that they shall have all licenses, permits, qualifications and approvals of whatever nature that are legally required to perform the work, and that such licenses, permits, qualifications and approvals shall be maintained throughout the term of this Agreement.
b. Alterations to Improvements. All work shall be done and improvements made and completed as shown on approved plans and specifications, and any subsequent alterations thereto. If during the course of construction and installation of the Required Improvements it is determined that the public interest requires alterations in the Required Improvements, Developer shall undertake such design and construction changes as may be reasonably required by City. Any and all alterations in the plans and specifications and the Required Improvements to be completed may be accomplished without giving prior notice thereof to Developer’s surety for this Agreement.
c. Fees and Charges. Principal shall, at its sole cost and expense, pay all fees, charges, and taxes arising out of construction of the Required Improvements, including, but not limited to, all plan check, design review, engineering, inspection, and other service fees, and any impact or connection fees established by City ordinance, resolution, regulation, or policy, or as established by City or as required by other governmental agencies having jurisdiction over the Required Improvements.
2. Commencement of Work. The Principal shall notify the City Engineer of the commencement of work on the Required Improvements.
3 PUBLIC IMPROVEMENT AGREEMENT
3. Completion of Improvements. Upon satisfactory completion of all Required Improvements as determined by the City Engineer or his or her designee (hereafter the “City Engineer”), Principal shall offer to dedicate the Required Improvements to the City, and City agrees to accept that offer of dedication in accordance with its policies and procedures and the terms of this Agreement.
4. Title to Required Improvements. The City shall not accept the Required Improvements unless they are constructed in conformity with the approved plans and specifications, approved modifications, if any, and City Improvement Standards and Specifications, to the satisfaction of the City Engineer. Until such time as the Required Improvements are accepted by the City, Principal shall retain title and shall be responsible for, and bear the risk of loss to, any of the improvements constructed or installed. Title to and ownership of the Required Improvements shall vest absolutely in the City upon completion and acceptance in writing of such Required Improvements by City. The City shall not accept the Required Improvements unless title to the Required Improvements is entirely free from lien. Prior to acceptance, Principal shall supply the City with appropriate lien releases, at no cost to and in a form acceptable to the City. a. Developer’s Notice of Completion. Upon the acceptance of the Required Improvements by City, Principal shall file with the Recorder’s Office of the County of Riverside a notice of completion for the accepted Required Improvements in accordance with Article 2 of Chapter 4 of Title 2 of Part 6 of Division 4 of the Civil Code, at which time the accepted Required Improvements shall become the sole and exclusive property of City without payment therefor.
b. City Acceptance of Public Improvements. Issuance by City of occupancy permits for any buildings or structures located on the Property shall not be construed in any manner to constitute City’s acceptance or approval of any Required Improvements.
c. Developer’s Obligation to Provide As-Built or Record Drawings.
Notwithstanding the foregoing, City may not accept any Required Improvements unless and until Principal provides one (1) set of “as-built” or record drawings or plans to the City Engineer for all such Required Improvements. The drawings shall be certified and shall reflect the condition of the Required Improvements as constructed, with all changes incorporated therein.
5. Extension of Time to Complete Improvements.
a. The City Engineer may extend the date for completing the Required Improvements. Extensions shall be granted only upon a showing of good cause by the Principal. The City Engineer shall be the sole and final judge as to whether good cause has been shown.
b. Requests for extension of the completion date shall be in writing and delivered to the City Engineer in the manner hereinafter specified for service of notices. An extension of time, if any, shall be granted only in writing, and an oral extension shall not be valid or binding on the City.
4 PUBLIC IMPROVEMENT AGREEMENT
c. In the event the City Engineer extends the time of completion of the Required Improvements, such extension may be granted without notice by the City to the Principal’s surety and shall in no way release any guarantee or security given by the Principal pursuant to this Agreement, or relieve or release those providing an improvement security pursuant to this Agreement. The surety or sureties, if any, in executing the securities shall be deemed to have expressly agreed to any such extension of time.
d. In granting any extension of time, the City may require new or amended improvement security to reflect increases in the estimated costs of constructing the Required Improvements or impose other conditions to protect its interests and ensure the timely completion of the Required Improvements.
6. Inspection. Principal shall at all times maintain proper facilities and safe access for inspection of the Required Improvements by City and to the shops wherein any work is in preparation. Upon completion of the work, the Principal may request a final inspection by the City Engineer or his designee. If the City Engineer or the designated representative determines that the work has been completed in accordance with this Agreement, then the City Engineer shall certify the completion of the Required Improvements to the City. No improvements shall be finally accepted unless all aspects of the work have been inspected and determined to have been completed in accordance with the Improvement Plans and City standards. Principal shall bear all costs of plan check, inspection and certification.
7. Maintenance of Improvements. City shall not be responsible or liable for the maintenance or care of the Required Improvements until City formally approves and accepts them in accordance with its policies and procedures. City shall exercise no control over the Required Improvements until approved and accepted. Any use by any person of the Required Improvements, or any portion thereof, shall be at the sole and exclusive risk of the Principal at all times prior to City’s acceptance of the Required Improvements. Principal shall maintain all the Required Improvements in a state of good repair until they are completed by Principal and approved and accepted by City, and until the security for the performance of this Agreement is released. Maintenance shall include, but shall not be limited to, repair of pavement, curbs, gutters, sidewalks, signals, parkways, water mains, and sewers; maintaining all landscaping in a vigorous and thriving condition reasonably acceptable to City; removal of debris from sewers and storm drains; and sweeping, repairing, and maintaining in good and safe condition all streets and street improvements. It shall be Principal’s responsibility to initiate all maintenance work, but if it shall fail to do so, it shall promptly perform such maintenance work when notified to do so by City. If Principal fails to properly prosecute its maintenance obligation under this section, City may do all work necessary for such maintenance and the cost thereof shall be the responsibility of Principal and its surety under this Agreement. City shall not be responsible or liable for any damages or injury of any nature in any way related to or caused by the Required Improvements or their condition prior to acceptance. Until final acceptance of the Required Improvements, Principal shall give good and adequate warning to the public of each and every dangerous condition existing on the Property, and will take reasonable actions to protect 5 PUBLIC IMPROVEMENT AGREEMENT
the public from such dangerous conditions.
8. Superintendence by Principal. Principal shall require each contractor and subcontractor to have a competent foreman on the job at all times when that contractor or subcontractor, or any employee or agent thereof, is performing work on the Required Improvements. In addition, Principal shall maintain an office with a telephone and Principal or a person authorized to make decisions and to act for Principal in Principal’s absence shall be available on the job site within three (3) hours of being called at such office by the City during the hours of 9:00 A.M. through 5:00 P.M., Monday through Friday, or any other day or time when work is being performed on the Required Improvements.
9. Injury to Public Improvements, Public Property or Public Utilities Facilities.
Principal shall replace or repair, or have replaced or repaired, all public improvements, public utility facilities, and surveying or subdivision monuments which are destroyed or damaged in the performance of any work under this Agreement. Principal shall bear the entire cost of replacement or repairs of any and all public or private utility property damaged or destroyed in the performance of any work done under this Agreement, whether such property is owned by the United States or any agency thereof, or the State of California, or any agency or political subdivision thereof, or by the City or any public or private utility corporation or by any combination of such owners. Any repair or replacement shall be to the satisfaction of the City Engineer.
10. Warranty. If, within a period of one year after final acceptance by the City of the Required Improvements, any improvement or part of any improvement furnished and/or installed or constructed, or caused to be installed or constructed by Principal, or any of the work done under this Agreement materially fails to fulfill any of the requirements of this Agreement or the specifications referred to herein, Principal shall without delay and without any cost to City, repair, replace or reconstruct any defective or otherwise unsatisfactory part or parts of the improvements. If the Principal fails to act promptly or in accordance with this requirement, or if the exigencies of the situation require repairs or replacements to be made before the Principal can be notified, then the City may, at its option, make the necessary repairs or replacements or perform the necessary work, and Principal shall pay to City the actual cost of such repairs plus fifteen percent (15%) within thirty (30) days of the date of billing for such work by City.
As to any Required Improvements which have been repaired, replaced, or reconstructed during the Warranty, Principal and its surety hereby agree to extend the Warranty for an additional one (1) year period following City’s acceptance of the repaired, replaced, or reconstructed Required Improvements. Nothing herein shall relieve Principal from any other liability it may have under federal, state, or local law to repair, replace, or reconstruct any Required Improvement following expiration of the Warranty or any extension thereof. Principal’s warranty obligation under this section shall survive the expiration or termination of this Agreement.
11. Defense, Indemnification and Hold Harmless. Principal shall defend, indemnify, and hold harmless City, its elected officials, officers, employees, and agents from any and all actual or alleged claims, demands, causes of action, liability, loss, damage, or injury, to property or persons, including wrongful death, whether imposed by 6 PUBLIC IMPROVEMENT AGREEMENT
a court of law or by administrative action of any federal, state, or local governmental body or agency, arising out of or incident to any acts, omissions, negligence, or willful misconduct of Principal, its personnel, employees, agents, or contractors in connection with or arising out of construction or maintenance of the Required Improvements, or performance of this Agreement. This indemnification includes, without limitation, the payment of all penalties, fines, judgments, awards, decrees, attorneys’ fees, and related costs or expenses, and the reimbursement of City, its elected officials, officers, employees, and/or agents for all legal expenses and costs incurred by each of them.
This indemnification excludes only such portion of any claim, demand, cause of action, liability, loss, damage, penalty, fine, or injury, to property or persons, including wrongful death, which is caused solely and exclusively by the gross negligence or willful misconduct of City as determined by a court or administrative body of competent jurisdiction. Principal’s obligation to indemnify City shall survive the expiration or termination of this Agreement, and shall not be restricted to insurance proceeds, if any, received by City, its elected officials, officers, employees, or agents.
12. Security.
a. Required Security. Concurrently with the execution of this Agreement, the Principal shall furnish the City with:
(1) Faithful Performance Security. Principal shall provide faithful performance security to secure faithful performance of this Agreement (“faithful performance” security). This security shall be in the amount of one hundred percent (100%) of the total estimated cost of the Required Improvements, as determined by the City Engineer, which total cost is in the amount of $4,971,500.00 (Four Million Nine Hundred Seventy-One Thousand Five Hundred and No/100 Dollars),. (2) Payment Security. Principal shall also provide payment security to secure payment to the contractors, subcontractors, laborers, material men, and other persons furnishing labor, materials, or equipment for the work (“payment security”). This security shall be in the amount of fifty percent (50%) of the total estimated cost of the Required Improvements, as determined by the City Engineer, which total cost is in the amount of $2,485,750.00 (Two Million Four Hundred Eighty- Five Thousand Seven Hundred Fifty and No/100 Dollars), and shall secure the obligations set forth in Title 1 (commencing with Section 8000) through Title 3 (commencing with Section 9000) of Part 6 of Division 4 of the Civil Code of the State of California.
(3) Guarantee and Warranty Security. Principal shall also file with this Agreement a “guarantee and warranty security” in the amount of ten percent (10%) of the total estimated cost of the Required Improvements, as determined by the City Engineer, which total cost is in the amount of $497,150.00 (Four Hundred Ninety- Seven Thousand One Hundred Fifty and No/100 Dollars) to guarantee and warrant the Required Improvements for a period of one year following their completion and acceptance against any defective work or labor done, or defective materials furnished. 7 PUBLIC IMPROVEMENT AGREEMENT
(4) Monument Security. Principal shall also file with this Agreement a “monument security” in the amount of one hundred percent (100%) of the total estimated cost of the installation of survey monuments, as determined by the City Engineer, which total cost is in the amount of Not Applicable to guarantee and secure the placement of such monuments.
b. Additional Requirements.
(1) Any bonds submitted as security pursuant to this section shall be furnished by companies who are authorized and licensed by the Insurance Commissioner of the State of California as “admitted surety insurers,” to act as surety upon bonds and undertakings. The company shall maintain in this State at least one office for the conduct of its business. Bonds must be approved by the City. The premiums for said bonds shall be paid by Principal.
(2) The bonds shall be furnished on the forms enclosed
following this Agreement and shall be satisfactory to the City. (3) The surety (or sureties) shall furnish reports as to the financial conditions from time to time as requested by the City. (4) Alternative forms of security will be allowed upon approval of the City Engineer and shall be approved as to form by the City Attorney. All required securities shall be in a form approved by the City Attorney. (5) No change, alteration, or addition to the terms of this Agreement or the plans and specifications incorporated herein shall in any manner affect the obligation of the sureties.
(6) The securities shall be irrevocable, shall not be limited as to time (except as to the one-year guarantee and warranty period) and shall provide that they may be released, in whole or part, only upon the written approval of the City Engineer and as provided in this Agreement. All securities provided pursuant to this Agreement shall expressly obligate the surety for any extension of time authorized by the City for Principal’s completion of the Required Improvements, whether or not the surety is given notice of such an extension by the City. (7) The Attorney-in-Fact (resident agent) who executes the securities on behalf of the surety company must attach a copy of his/her Power of Attorney as evidence of his authority. A notary shall acknowledge the power as of the date of the execution of the surety bond that it covers. c. Principal’s Liability. While no action of Principal shall be required in order for City to realize on its security under any security instrument, Principal agrees to cooperate with City to facilitate City’s realization under any security instrument, and to take no action to prevent City from such realization under any Security instrument.
Notwithstanding the giving of any security instrument or the subsequent expiration of any security instrument or any failure by any surety or financial institution to perform its obligations with respect thereto, Principal shall be personally liable for performance 8 PUBLIC IMPROVEMENT AGREEMENT
under this Agreement and for payment of the cost of the labor and materials for the improvements required to be constructed or installed hereby and shall, within ten (10) days after written demand therefor, deliver to City such substitute security as City shall require satisfying the requirements in this Section 12. d. Release of Security.
(1) Guarantee and Warranty Security. Any unused portion of the guarantee and warranty security may be released one year after acceptance of the Required Improvements by the City. The amount to be released shall first be reduced by the amount deemed necessary by the City to correct any defects in the Required Improvements that are known or believed by the City to exist at the end of the guarantee and warranty period. Any unreleased portion of the guarantee and warranty security shall remain in full force and effect unless and until the City notifies Principal in writing that the necessary repairs have been made to the satisfaction of the City Engineer and that the warranty period has been successfully completed. (2) Payment Security. The payment security may be released thirty-five (35) days after passage of the time within which claims of lien are required to be recorded pursuant to Article 2 of Chapter 4 of Title 2 of Part 6 of Division 4 of the Civil Code (commencing with Section 8410), but in no event shall such security be released prior to one hundred and twenty (120) days after acceptance of the Required Improvements by the City. The amount to be released shall first be reduced by the total of all claims on which an action has been filed and notice thereof given in writing to the City. City expressly may require the surety not to release the amount of security deemed necessary by City to assure payment of reasonable expenses and fees, including reasonable attorney’s fees.
(3) Faithful Performance Security. The faithful performance security may be released upon acceptance of the Required Improvements by the City. (4) Monument Security. The monument security may be
released by written authorization of the City Engineer after all required monuments are accepted by the City Engineer, and City has received written acknowledgment of payment in full from the engineer or surveyor who set the monuments.
13.Insurance.
a.Types; Amounts. Developer shall procure and maintain, and shall require its contractors to procure and maintain, during construction of any Public Improvement pursuant to this Agreement, insurance of the types and in the amounts described below. If any of the Required Insurance contains a general aggregate limit, such insurance shall apply separately to this Agreement or be no less than two times the specified occurrence limit.
(1)General Liability. Developer and its contractors shall procure and maintain Commercial General Liability Insurance no less broad than Insurance Services Office (ISO) form CG 00 01 or equivalent form, with a combined single limit of not less than $3,000,000 per occurrence for bodily injury, personal injury, 9 PUBLIC IMPROVEMENT AGREEMENT
and property damage. The General Aggregate shall be twice the occurrence limit or shall apply separately to each project. If Developer maintains higher limits than the specified minimum limits, City requires and shall be entitled to coverage for the higher limits maintained by Developer. The General Liability policy shall not contain a Contractors' Warranty or other similar language which eliminates or restricts insurance because of a subcontractor's failure to carry specific insurance or to supply evidence of such insurance
(2)Business Automobile Liability. Developer and its
contractors shall procure and maintain business automobile liability insurance, or equivalent form, with a combined single limit of not less than $1,000,000 per occurrence. Such insurance shall include coverage for the ownership, operation, maintenance, use, loading, or unloading of any vehicle owned, hired, and non owned by the insured or for which the insured is responsible.
(3)Workers’ Compensation. Developer and its contractors shall procure and maintain workers’ compensation insurance with limits as required by the Labor Code of the State of California and Employers Liability with limits of $1,000,000 per Accident; $1,000,000 Disease per employee; $1,000,000 Disease per policy at all times during which insured retains employees. (4)Professional Liability. For any consultant or other professional who will engineer or design the Public Improvements, liability insurance for errors and omissions with limits not less than $1,000,000 per claim. Such insurance shall be endorsed to include contractual liability. Coverage applicable to the work performed under this agreement shall be continued for five (5) years after completion of the work . Such continuation coverage may be provided by one of the following: (1) renewal of the existing policy; (2) an extended reporting period endorsement; or (3) replacement insurance with a retroactive date no later than the commencement of the work under this agreement.
(5)Pollution Liability.Minimum Limits: $1,000,000 per
Pollution Incident; $1,000,000 Aggregate; Coverage shall apply to pollution incidents at or from any location at which Developer and its contractors are performing work under this agreement. Any deductible or self-insured retention shall be shown on the Certificate of Insurance. If the deductible or self-insured retention exceeds $25,000 it shall be approved in advance by the City. Developer and its contractors are responsible for any deductible or self-insured retention and shall fund it upon the City’s written request, regardless of whether Developer and its contractors have a claim against the insurance or are named as a party in any action involving the City. The City, its elected officials, officers, employees, agents, and volunteers shall be endorsed as an additional insured for liability arising out of ongoing and completed operations by or on behalf of the Developer and its contractors. Additional insured status shall continue for one (1) year after completion of the work. The insurance provided to the additional insureds shall apply on a primary and non-contributory basis with respect to any insurance or self-insurance program maintained by them. If the insurance is on a Claims-Made basis, the retroactive date shall be no later than the commencement of work. The insurance shall be continued for one (1) year after completion of the work. If the insurance is on a 10 PUBLIC IMPROVEMENT AGREEMENT
Claims-Made basis, the continuation coverage may be provided by: (a) renewal of the existing policy; (b) an extended reporting period endorsement; or (c) replacement insurance with a retroactive date no later than the commencement of the work. b.Deductibles. Any deductibles or self-insured retentions must be declared to and approved by City. At the option of City, either: (a) the insurer shall reduce or eliminate such deductibles or self-insured retentions as respects City, its elected officials, officers, employees, agents, and volunteers; or (b) Developer and its contractors shall provide a financial guarantee satisfactory to City guaranteeing payment of losses and related investigation costs, claims, and administrative and defense expenses.
c.Additional Insured; Separation of Insureds. The Required Insurance (except Workers’ Compensation and Professional Liability) shall name City, its elected officials, officers, employees, agents, and volunteers as additional insureds with respect to work performed by or on behalf of Developer or its contractors, including materials, parts, or equipment furnished in connection therewith City shall be endorsed as an additional insured for liability arising out of ongoing and completed operations by or on behalf of the contractor. City shall continue to be an additional insured for completed operations for (1) year after completion of the work. The policy shall cover inter-insured suits and include a “Separation of Insureds” or “severability” clause which treats each insured separately and shall contain no special limitations on the scope of its protection to City, its elected officials, officers, employees, agents, and volunteers. d.Primary Insurance; Waiver of Subrogation. The General Liability Insurance provided to the additional insured shall be primary to, and non contributory with, any insurance or self insurance program maintained by the City, its elected officials, officers, employees, agents, and volunteers. All policies for the Required Insurance shall provide that the insurance company waives all right of recovery by way of subrogation against City, its elected officials, officers, employees, agents and volunteers.
e.Certificates; Verification. Developer and its contractors shall furnish City with original certificates of insurance and endorsements effecting coverage for the Required Insurance. The certificates and endorsements for each insurance policy shall be signed by a person authorized by that insurer to bind coverage on its behalf. All certificates and endorsements must be received and approved by City before work pursuant to this Agreement can begin. City reserves the right to require complete, certified copies of all required insurance policies, at any time. f.Term; Cancellation Notice. Developer and its contractors shall maintain the Required Insurance for the term of this Agreement and shall replace any certificate, policy, or endorsement which will expire prior to that date. Developer shall provide immediate written notice if (1) any of the required insurance policies is terminated; (2) the limits of any of the required polices are reduced; (3) or the deductible or self insured retention is increased. In the event of any cancellation or reduction in coverage or limits of any insurance, Developer shall forthwith obtain and submit proof of substitute insurance. Should Developer fail to immediately procure other insurance, as 11 PUBLIC IMPROVEMENT AGREEMENT
specified, to substitute for any canceled policy, the City may procure such insurance at Developer’s sole cost and expense.
g.Insurer Rating. Unless approved in writing by City, all Required Insurance shall placed with insurers licensed to do business in the State of California and with a current A.M. Best rating of at least A:VIII.
14. Principal Not Agent of City. Neither Principal nor any of Principal’s agents, contractors, or subcontractors are or shall be considered to be agents of the City in connection with the performance of Principal’s obligations under this Agreement.
15. Default; Notice; Remedies.
a. Notice. If Principal neglects, refuses, or fails to fulfill or timely complete any obligation, term, or condition of this Agreement, or if City determines there is a violation of any federal, state, or local law, ordinance, regulation, code, standard, or other requirement, City may at any time thereafter declare Principal to be in default or violation of this Agreement and make written demand upon Principal or its surety, or both, to immediately remedy the default or violation. Principal shall commence the work required to remedy the default or violation within ten (10) days of the written demand from the City. If the default or violation constitutes an immediate threat to the public health, safety, or welfare, City may provide the demand verbally, and Principal shall commence the required work within twenty-four (24) hours thereof. Immediately upon City’s issuance of the demand to remedy the default, Principal and its surety shall be liable to City for all costs of construction and installation of the Required Improvements and all other administrative costs expenses as provided for in Section 9.0 of this Agreement.
b. Failure to Remedy; City Action. If the work required to remedy the noticed default or violation is not diligently prosecuted to a substantial completion acceptable to City within a reasonable time designated by the City, City may complete all remaining work, arrange for the completion of all remaining work, and/or conduct such remedial activity as in its sole and absolute discretion it believes is required to remedy the default or violation. All such work or remedial activity shall be at the sole and absolute cost, expense, and liability of Principal and its surety, without the necessity of giving any further notice to Principal or surety. City’s right to take such actions shall in no way be limited by the fact that Principal or its surety may have constructed any, or none of the required or agreed upon Required Improvements at the time of City’s demand for performance. In the event City elects to complete or arrange for completion of the remaining work and improvements, City may require all work by Principal or its surety to cease in order to allow adequate coordination by City. Notwithstanding the foregoing, if conditions precedent for reversion to acreage can be met and if the interests of City will not be prejudiced thereby, City may also process a reversion to acreage and thereafter recover from Principal or its surety the full cost and expense incurred.
c. Other Remedies. No action by City pursuant this section shall prohibit City from exercising any other right or pursuing any other legal or equitable 12 PUBLIC IMPROVEMENT AGREEMENT
remedy available under this Agreement or any federal, state, or local law. City may exercise its rights and remedies independently or cumulatively, and City may pursue inconsistent remedies. City may institute an action for damages, injunctive relief, or specific performance.
16. Notices. All notices required under this Agreement shall be in writing, and delivered in person or sent by registered or certified mail, postage prepaid.
Notices required to be given to City shall be addressed as follows:
City Engineer
City of Wildomar
23873 Clinton Keith Road, Suite 201
Wildomar, CA 92595
Notices required to be given to Principal shall be addressed as follows:
Lennar Homes of California, LLC
Attn: Geoffrey Smith
980 Montecito Drive, Suite 302
Corona, CA 92879
17. Authority to Execute. Each of the signatories hereto represents and warrants that he or she is competent and authorized to enter into this Agreement on behalf of the Party for whom he or she purports to sign. Each Party hereto agrees to defend, indemnify, and hold harmless the other Parties hereto against all claims, suits, actions, and demands, including necessary expenses of investigation and reasonable attorneys' fees and costs, arising out of claims that its signatory was not competent or so authorized to execute this Agreement.
18. Attorney’s Fees. If any arbitration, lawsuit, or other legal action or proceeding is brought by one Party against the other Party in connection with this Agreement, the prevailing party, whether by final judgment or arbitration award, shall be entitled to and recover from the other party all attorney’s fees and costs. Any judgment, order, or award entered in such legal action or proceeding shall contain a specific provision providing for the recovery of attorney’s fees and costs.
19. Assignment. Principal shall not assign, hypothecate, or transfer, either directly or by operation of law, this Agreement or any interest herein without prior written consent of City. Any attempt to do so shall be null and void, and any assignee, hypothecatee, or transferee shall acquire no right or interest by reason of such attempted assignment, hypothecation, or transfer. Unless specifically stated to the contrary in City’s written consent, any assignment, hypothecation, or transfer shall not release or discharge Developer from any duty or responsibility under this Agreement.
20. Compliance with Laws. Principal, its agents, employees, contractors, and subcontractors shall comply with all federal, state and local laws in the performance of the work required by this Agreement including, but not limited to, obtaining all applicable 13 PUBLIC IMPROVEMENT AGREEMENT
permits and licenses.
21. Waiver. City’s failure to insist upon strict compliance with any provision of this Agreement or to exercise any right or privilege provided herein, or City’s waiver of any breach of this Agreement, shall not relieve Principal of any of its obligations under this Agreement, whether of the same or similar type. The foregoing shall be true whether City’s actions are intentional or unintentional. Principal agrees to waive, as a defense, counterclaim or set off, any and all defects, irregularities or deficiencies in the authorization, execution or performance of the Required Improvements or this Agreement, as well as the laws, rules, regulations, ordinances or resolutions of City with regards to the authorization, execution or performance of the Required Improvements or this Agreement.
22. No Vesting of Rights. Entering into this Agreement shall not be construed to vest Principal’s rights with respect to any change in any zoning or building law or ordinance.
23. Approvals by City; Amendment. No amendment to or modification of this Agreement shall be valid unless made in writing and approved by the Principal and by the City. The Parties agree that the requirement for written modifications cannot be waived and that any attempted waiver shall be void. The City’s City Manager may, but is not required to, make minor amendments not affecting substantive terms without further authorization from the City Council. The City Council hereby authorizes the City Manager to execute any such amendments as required by this Agreement or that do not otherwise reduce City’s rights under this Agreement. All other amendments shall be approved by the City Council.
24. Construction and Interpretation. It is agreed and acknowledged by Principal that the provisions of this Agreement have been arrived at through negotiation, and that Principal has had a full and fair opportunity to revise the provisions of this Agreement and to have such provisions reviewed by legal counsel. Therefore, the normal rule of construction that any ambiguities are to be resolved against the drafting party shall not apply in construing or interpreting this Agreement.
25. Successors and Assigns -- Covenant Running With the Land. This Agreement shall inure to the benefit of, and be binding upon, the successors and assigns of the respective parties. The Agreement shall be recorded in the Office of the Recorder of Riverside County and shall constitute a covenant running with the land and an equitable servitude upon the subject property.
26. Actions. Any action by any party to this Agreement, or any action concerning a security furnished pursuant thereto, shall be brought in the appropriate court of competent jurisdiction within the County of Riverside, State of California, notwithstanding any other provision of law which may provide that such action may be brought in some other location. The law governing this Agreement is the law of the State of California.
27. Integration. This Agreement is an integrated agreement. It supersedes all 14 PUBLIC IMPROVEMENT AGREEMENT
prior negotiations, representations, or agreements, either written or oral.
28. Construction; References; Captions. It being agreed the Parties or their agents have participated in the preparation of this Agreement, the language of this Agreement shall be construed simply, according to its fair meaning, and not strictly for or against any Party. Any term referencing time, days, or period for performance shall be deemed calendar days and not work days. All references to Principal include all personnel, employees, agents, and subcontractors of Principal, except as otherwise specified in this Agreement. All references to City include its elected officials, officers, employees, agents, and volunteers except as otherwise specified in this Agreement.
The captions of the various articles and paragraphs are for convenience and ease of reference only, and do not define, limit, augment, or describe the scope, content, or intent of this Agreement.
29. Severability. If any provision in this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remaining provisions shall continue in full force without being impaired.
30. Counterparts. This Agreement may be executed in counterpart originals, which taken together, shall constitute one and the same instrument.
31. Effective Date of Agreement. This Agreement shall not become effective until the date it has been formally approved by the City and executed by the appropriate authorities of City and Principal.
32. Relationship Between The Parties. The Parties hereby mutually agree that neither this Agreement, nor any other related entitlement, permit, nor approval issued by City for the Property shall operate to create the relationship of partnership, joint venture, or agency between City and Principal. Principal’s contractors and subcontractors are exclusively and solely under the control and dominion of Principal.
Nothing herein shall be deemed to make Principal or its contractors an agent or contractor of City.
IN WITNESS WHEREOF, the parties have executed this Agreement as follows:
15 PUBLIC IMPROVEMENT AGREEMENT
CITY OF WILDOMAR
Daniel A. York
City Manager
PRINCIPAL:
Lennar Homes of California, LLC
Name: Geoffrey Smith
Title: Vice President
Name:
Title:
ATTEST:
___________________________
Janet Morales
City Clerk
APPROVED AS TO FORM
___________________________
Thomas D. Jex
City Attorney
NOTE: SIGNATURES SHALL BE DULY NOTARIZED, AND APPROPRIATE ATTESTATIONS
SHALL BE INCLUDED AS MAY BE REQUIRED BY THE BYLAWS, ARTICLES OF
INCORPORATION, OR OTHER RULES OR REGULATIONS APPLICABLE TO T BUSINESS ENTITY.
16 PUBLIC IMPROVEMENT AGREEMENT
EXHIBIT “A”
LEGAL DESCRIPTION OF PROPERTY
Parcel 4 of Parcel Map No. 9637, in the City of Wildomar, County of Riverside, State of California, as shown by map on file in book 58, pages 1 through 5, inclusive, of parcel maps, in the office of the county recorder of said Riverside County.
1 PUBLIC IMPROVEMENT AGREEMENT
EXHIBIT “B”
SURETY BONDS AND OTHER SECURITY
As evidence of understanding the provisions contained in this Agreement, and of the Principal’s intent to comply with same, the Principal has submitted the below described security in the amounts required by this Agreement, and has affixed the appropriate signatures thereto:
PERFORMANCE SECURITY: $ 4,971,500.00
Surety:
Attorney-in-
fact:
Address:
PAYMENT SECURITY: $1,667,5 2,485,750.00
Surety:
Attorney-in-
fact:
Address:
MONUMENT SECURITY: $ Not Applicable
Amount deposited per Cash Receipt
No.
Date:
1 PUBLIC IMPROVEMENT AGREEMENT
BOND NO. ___________________
INITIAL PREMIUM: ___________________
SUBJECT TO RENEWAL
CITY OF WILDOMAR
ONSITE PUBLIC IMPROVEMENTS
FORM OF PERFORMANCE BOND
KNOW ALL MEN BY THESE PRESENTS:
WHEREAS the City of Wildomar, California (“City”) and Lennar Homes of California, LLC (“Principal”), have executed an agreement for work consisting of, but not limited to, the furnishing all labor, materials, tools, equipment, services, and incidentals for all grading, roads, paving, curbs and gutters, pathways, storm drains, sanitary sewers, utilities, drainage facilities, traffic controls, landscaping, street lights, and all other required facilities for Horizons by Lennar Homes Onsite Public Improvements (“Public Improvements”);
WHEREAS, the Public Improvements to be performed by Principal are more particularly set forth in that certain Public Improvement Agreement dated March 9, 2022 (“Improvement Agreement”);
WHEREAS, the Improvement Agreement is hereby referred to and incorporated herein by reference; and
WHEREAS, Principal is required by the Improvement Agreement to provide a good and sufficient bond for performance of the Improvement Agreement, and to guarantee and warranty the Public Improvements constructed thereunder.
NOW, THEREFORE, Principal and _________________________________ (“Surety”), a corporation organized and existing under the laws of the State of __________, and duly authorized to transact surety business under the laws of the State of California, are held and firmly bound unto City in the sum of ___________________________________ Dollars ($____________), said sum being not less than one hundred percent (100%) of the total cost of the Public Improvements as set forth in the Improvement Agreement, we bind ourselves, our heirs, executors and administrators, successors and assigns, jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION is such, that if Principal, his or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and perform the covenants, conditions, agreements, guarantees, and warranties in the Improvement Agreement and any alteration thereof made as therein provided, to be kept and performed at the time and in the manner therein specified and in all respects according to their intent and meaning, and to indemnify and save harmless City, its officers, employees, and agents, as stipulated in 2 PUBLIC IMPROVEMENT AGREEMENT
the Improvement Agreement, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect.
As part of the obligation secured hereby, and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney’s fees, incurred by City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered.
Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the Improvement Agreement, or to any plans, profiles, and specifications related thereto, or to the Public Improvements to be constructed thereunder, shall in any way affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration, or addition.
IN WITNESS WHEREOF, the seal and signature of the Principal is hereto affixed, and the corporate seal and the name of the Surety is hereto affixed and attested by its duly authorized Attorney-in-Fact at _______________________, this _____ day of _______________, ______.
Lennar Homes of California, LLC
Principal Surety
By: By:
Its: Managing Member Attorney-In-Fact
(print name) (print name)
NOTE: APPROPRIATE NOTARIAL ACKNOWLEDGMENTS OF EXECUTION
BY PRINCIPAL AND SURETY, AND A COPY OF THE POWER OF
ATTORNEY TO LOCAL REPRESENTATIVES OF THE BONDING
COMPANY MUST BE ATTACHED TO THIS BOND.
1 PUBLIC IMPROVEMENT AGREEMENT
BOND NO. ___________________
INITIAL PREMIUM: ___________________
SUBJECT TO RENEWAL
CITY OF WILDOMAR
ONSITE PUBLIC IMPROVEMENTS
FORM OF LABOR AND MATERIAL BOND
KNOW ALL MEN BY THESE PRESENTS:
WHEREAS the City of Wildomar California (“City”) and Lennar Homes of California, LLC (“Principal”), have executed an agreement for work consisting of, but not limited to, the furnishing all labor, materials, tools, equipment, services, and incidentals for all grading, roads, paving, curbs and gutters, pathways, storm drains, sanitary sewers, utilities, drainage facilities, traffic controls, landscaping, street lights, and all other required facilities for Horizons by Lennar Homes Onsite Public Improvements (“Public Improvements”);
WHEREAS, the Public Improvements to be performed by Principal are more particularly set forth in that certain Public Improvement Agreement dated March 9, 2022 (“Improvement Agreement”);
WHEREAS, the Improvement Agreement is hereby referred to and incorporated herein by reference; and
WHEREAS, Principal is required to furnish a bond in connection with the Improvement Agreement providing that if Principal or any of its subcontractors shall fail to pay for any materials, provisions, or other supplies, or terms used in, upon, for, or about the performance of the Public Improvements, or for any work or labor done thereon of any kind, or for amounts due under the provisions of Title 1 (commencing with section 8000) through Title 3 (commencing with section 9000) of Part 6 of Division 4 of the California Civil Code, with respect to such work or labor, that the Surety on this bond will pay the same together with a reasonable attorney’s fee in case suit is brought on the bond.
NOW, THEREFORE, Principal and _________________________ (“Surety”), a corporation organized and existing under the laws of the State of _________________, and duly authorized to transact business under the laws of the State of California, are held and firmly bound unto City and to any and all material men, persons, companies or corporations furnishing materials, provisions, and other supplies used in, upon, for or about the performance of the Public Improvements, and all persons, companies or corporations renting or hiring teams, or implements or machinery, for or contributing to the Public Improvements to be done, and all persons performing work or labor upon the same and all persons supplying both work and materials as aforesaid excepting the 2 PUBLIC IMPROVEMENT AGREEMENT
Principal, the sum of _________________________ Dollars ($_______________), said sum being not less than 50% of the total cost of the Public Improvements under the terms of the Improvement Agreement, we bind ourselves, our heirs, executors and administrators, successors and assigns jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION IS SUCH that if the Principal, his or its subcontractors, heirs, executors, administrators, successors, or assigns, shall fail to pay for any materials, provisions, or other supplies or machinery used in, upon, for or about the performance of the Public Improvements, or for work or labor thereon of any kind, or fail to pay any of the persons named in California Civil Code Section 9100, or amounts due under the Unemployment Insurance Code with respect to work or labor performed by any such claimant, or for any amounts required to be deducted, withheld, and paid over to the Employment Development Department from the wages of employees of the contractor and his subcontractors pursuant to Section 13020 of the Unemployment Insurance Code with respect to such work and labor, and all other applicable laws of the State of California and rules and regulations of its agencies, then said Surety will pay the same in or to an amount not exceeding the sum specified herein.
As part of the obligation secured hereby, and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney’s fees, incurred by City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered.
It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies, and corporations entitled to file claims under Title 1 (commencing with section 8000) through Title 3 (commencing with section 9000) of Part 6 of Division 4 of the California Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond.
Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the Improvement Agreement, or to any plans, profiles, and specifications related thereto, or to the Public Improvements to be constructed thereunder, shall in any way affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration, or addition. 3 PUBLIC IMPROVEMENT AGREEMENT
IN WITNESS WHEREOF, the seal and signature of the Principal is hereto affixed, and the corporate seal and the name of the Surety is hereto affixed and attested by its duly authorized Attorney-in-Fact at _____________________, this _____ day of _______________, ______.
Lennar Homes of California, LLC
Principal Surety
By: By:
Its: Managing Member Attorney-In-Fact
(print name) (print name)
NOTE: APPROPRIATE NOTARIAL ACKNOWLEDGMENTS OF EXECUTION
BY PRINCIPAL AND SURETY, AND A COPY OF THE POWER OF
ATTORNEY TO LOCAL REPRESENTATIVES OF THE BONDING
COMPANY MUST BE ATTACHED TO THIS BOND.
PARCEL MAP OR TRACT MAP NO. TM 36672 DATE: 2/1/2022
PROJECT: 21-0117 Lennar-Horizons
ONSITE IMPROVEMENTS
Street/Drainage $ 3,922,392.65 $ $
*Flood Control $ 0.00 $ $
Water None $ 547,560.00 $ $
EVMWD
Sewer None $ 501,552.00 $ $
EVMWD
Total 4,971,504.65 $ $
Warranty Retention (10%) $
Construction items and their quantities, as shown on the attached sheets, are accurate for the improvements required to construct the above project and the mat hmatical extensions, using City's unit costs, are accurate for determining bonding costs
Above amounts do/do not include additional 20% for re cordation prior to having signed plans (Ordinance 460, Section 10.3E).
2/1/2022
Signature Date
John D. Tanner III 60132 6/30/2022
Name Typed or printed RCE# Exp. Date
Civil Engineer's Stamp
*Flood Control Construction Cost Estimate to be provided by Flood Control District. Provide a copy of Flood Control District letter stating cost estmate.
1. Quantities are to be taken from the Improvement Plans. Unit cost are to be as provided on "City of Wildomar Improvement Requirement Worksheet."
2. Show Performance Bond Amounts to the nearest $500.00. Material and Labor Bond Amounts are 50% of Performance Bond Amountss. **100% for Flood Control items.
3. For Construction items not covered by "City of Wildomar Improvement Requirements Worksheet", Design Engineer is to provide his opinion of construction cost and use that cost. If City of Wildomar Unit Costs are determined to be too low, in the opinion of the design engineer, the higher costs as provided by the Design Engineer should be used.
CITY OF WILDOMAR PUBLIC WORKS DEPARTMENT
AND PLAN CHECK DEPOSIT CALCULATION SHEET
CONSTRUCTION COST WORKSHEET
DESIGN ENGINEER'S CALCULATION OF IMPROVEMENT BONDING COSTS
0.00 273,750.00
250,750.00
2,485,750.00
PP, CU, PU, MS OR VL NO.
MATERIAL & LABOR
*** PLEASE READ INSTRUCTIONS BELOW ***
3,922,500.00
0.00 547,500.00
501,500.00
4,971,500.00
497,150.00
1,961,250.00
FAITHFUL PERFORMANCE
SECURITY
(100% of Estimated
Construction Costs) Construction Costs)
SECURITY
(**50% of Estimated
Horizons - Constr Cost Worksheet Onsite Improvements.xls UNIT COSTS 3/01/2011
FORMAT 3/01/2008
(ONSITE PUBLIC IMPROVEMENTS)
Sheet 2 of 8
UNIT
C.Y. $ 0.40 $ 0.00
C.Y. $ 1.10 $ 54,170.60
C.Y. $ 2.80 $ 0.00
SF
L.F. $ 1.00 $ 0.00
S.F. $ 1.50 $ 0.00
S.Y. $ 2.00 $ 0.00
TON $ 90.00 $ 283,547.17
C.Y. $ 50.00 $ 192,933.33
Ton $ 600.00 $ 2,315.20
S.F. $ 0.90 $ 0.00
L.F. $ 15.00 $ 23,100.00
L.F. $ 17.00 $ 0.00
L.F. $ 12.00 $ 0.00
L.F. $ 12.00 $ 0.00
L.F. $ 15.00 $ 65,010.00
L.F. $ 8.00 $ 0.00
L.F. $ 10.00 $ 0.00
S.F. $ 10.00 $ 34,870.00
S.F. $ 6.00 $ 238,482.00
S.F. $ 8.00 $ 62,592.00
S.F. $ 6.00 $ 0.00
EA. $ 2,000.00 $ 18,000.00
S.F. $ 40.00 $ 282,080.00
L.F. $ 100.00 $ 0.00
L.F. $ 35.00 $ 0.00
L.F. $ 10.00 $ 0.00
L.F. $ 32.00 $ 99,264.00
L.F. $ 12.00 $ 0.00
EA. $ 1,000.00 $ 0.00
EA. $ 10,000.00 $ 0.00
EA. $ 5,000.00 $ 155,000.00
EA. $ 2,500.00 $ 2,500.00
EA. $ 300.00 $ 0.00
C.Y. $ 400.00 $ 0.00
L.F. $ 113.00 $ 49,155.00
L.F. $ 115.00 $ 42,895.00
L.F. $ 153.00 $ 40,239.00
L.F. $ 90.00 $ 3,870.00
L.F. $ 100.00 0.00
L.F. $ 235.00 0.00
L.F. $ 130.00 0.00
L.F. $ 150.00 0.00
L.F. $ 170.00 277,440.00
EA. $ 2,200.00 $ 0.00
EA. $ 4,000.00 $ 8,000.00
1,632 66" R.C. P.
Asphalt Concrete 5" ( 104,184 S.F.) ( 144 lbs/cu.ft) Agg Base Class II 12" (104,184 S.F.)
Asphalt Emulsion (Fog Seal/Paint Binder) (1 ton = 240 gals) (104,184 S.F.) apply at
0.05+0.03 = 0.08 gal/SY
3,151
AC overlay (min. 0.10')
4 Curb and Gutter (Type A-8)
Sawcut Exist. A.C. Pavement
Cold Plane A.C. Pavement
3,859
7,824
39,747
P.C.C. Cross Gutter and Spandrels
P.C.C. Sidewalk
A.C. Dike (6")(incl. material & labor)
3,102 Steel Fence ( 6' )
Barricades
1,540 Curb and Gutter (Type A-6) 7,052 Structural Reinforcement Concrete (Retaining Wall) P.C.C. Drive Approach
3,487
9 (b.) Excavate and Export
(c.) Import and Fill
If balance, provide (a.) only, either cut or fill,If export, provide (a.)&(b.) a = fill, b = cut - fill,If import, provide (a)&(c), a = cut, c = fill - cut (Unit costs for (a),(b), & (c) are 20% of actual costs to assure that work will be corrected to eliminate hazardous conditions.)
AC Area
P.C.C. Dip Section Std. 307
4,334
Type "D-1" Curb
20.001. Projects with Grading Plan, Area x 0.50' (hinge point to hinge point)
ONSITE EXCAVATION
Grinding A.C. , in place
104,184
0.00$$
2. Projects without a Grading Plan Road area and side slopes to daylight Cut (c) = Fill (f) =
C.Y.
(a.) Excavate and Fill
CITY OF WILDOMAR PUBLIC WORKS DEPARTMENT
IMPROVEMENT REQUIREMENT WORKSHEET
COST
ONSITE STREET AND STORM DRAIN IMPROVEMENTS
UNIT AMOUNT QUANTITY ITEM
49,246
Type "C" Curb
Type "D" Curb
Utility Trench, one side (Edison, Telephone, Cable) (total length of Streets) Handicapped Access Ramp
A.C. Dike (8")(incl. material & labor)
Metal Beam Guard Railing
Relocate Power Pole
Street Lights (including conduit)
Relocate Fence
31 1 Concrete Bulkhead Pipe Gate
Slope Anchors for Pipes
Cut Off Wall ( Std 2' )
43 24" R.C. P. Or 28" x 20" RCPA
435
373
60" R.C. P. Or 71" x 47" RCPA
263
36" R.C. P. Or 42" x 29" RCPA
42" R.C. P. Or 49" x 33" RCPA
54" R.C. P. Or 64" x 43" RCPA
48" R.C. P. Or 57" x 38" RCPA
18" R.C. P. Or 21" x 15" RCPA
30" R.C. P. Or 35" x 24" RCPA
Catch Basin W=7'
Catch Basin W=4'
2 Horizons - Constr Cost Worksheet Onsite Improvements.xls UNIT COSTS 3/01/2011
FORMAT 3/01/2008
Sheet 3 of 8
EA. $ 7,800.00 $ 7,800.00
EA. $ 12,000.00 $ 0.00
EA. $ 15,000.00 $ 0.00
EA. $ 2,500.00 $ 0.00
EA. $ 2,500.00 $ 2,500.00
EA. $ 3,000.00 $ 0.00
EA. $ 3,000.00 $ 9,000.00
EA. $ 2,000.00 $ 2,000.00
EA. $ 3,700.00 $ 0.00
EA. $ 12,500.00 $ 0.00
EA. $ 12,500.00 $ 0.00
EA. $ 2,700.00 $ 0.00
EA. $ 2,700.00 $ 0.00
EA. $ 3,300.00 $ 19,800.00
EA. $ 2,700.00 $ 0.00
EA. $ 5,000.00 $ 5,000.00
EA. $ 250.00 $ 0.00
EA. $ 600.00 $ 0.00
EA. $ 500.00 $ 4,000.00
EA. $ 300.00 $ 300.00
EA. $ 3,800.00 $ 19,000.00
S.F. $ 55.00 $ 26,510.00
S.F. $ 5.75 $ 0.00
S.F. $ 2.50 $ 0.00
L.F. $ 26.00 $ 114,322.00
EA. $ 4,500.00 $ 9,000.00
AC. $ 3,500.00 $ 56,000.00
AC. $ 1,750.00 $ 28,000.00
L.F. $ 23.50 $ 59,901.50
$ $ 0.00
$
L.S. $ 284,790.39 $ 284,790.39
L.S. $ 137,648.69 $ 137,648.69
L.S. $ 2,847.90 $ 2,847.90
$ $ 0.00
A. $ 2,723,883.79
B. $ 544,776.76
C. $ 3,268,660.55
D. $ 653,732.11
E. Streets/Drainage Total (C + D) $ 3,922,392.65
2 Construction Entrance Including Fine Grading, Rock, Shaker Bars, Maintenance 16 Erosion Control Implementation 16 Erosion Control, Maintenance 1 Landscape planting Commercial Driveway Approach
Remove and Dispose Existing AC Pavement
4,397 Alley Gutter
2,549 6" Perforated Underdrain PVC 1 Irrigation system 1 Maintenance and Plant Establishment 1 Junction Structure No. 4
Adjust MH to Grade ( if no sewer plan )
1 Type IX Inlet
Manhole No. 3
Manhole No. 4
Junction Structure No. 6
Transition Structure No. 1
3 Transition Structure No. 2
Transition Structure No. 3
Catch Basin W=14'
Catch Basin W=21'
Catch Basin W=28'
BOND AMOUNT FOR RECORDATION PRIOR TO HAVING SIGNED PLANS Subtotal
Concrete Collar
20% x C
Type X Inlet
Junction Structure No. 1
Junction Structure No. 2
1 Adjust Water Valve to Grade ( if no water plan )
1 Streets/Drainage Total (A + B)
Administrative Contingency ( % x A)
NOTE: Use 20% for TR and PM Use 5% for PP, CU, PU, MS and VL 8 CMP Riser
1 6
Rip Rap482
Manhole No. 1
Manhole No. 2
LANDSCAPING
5 Concrete Headwall and Wingwall
Horizons - Constr Cost Worksheet Onsite Improvements.xls UNIT COSTS 3/01/2011
FORMAT 3/01/2008
UNIT
L.F. $ 50.00 $ 97,100.00
L.F. $ 130.00 $ 0.00
L.F. 100.00 75,900.00
EA. 5,500.00 0.00
L.F. 20.00 1,600.00
EA. 850.00 1,700.00
EA. 4" Gate Valve $ 650.00 $ 0.00
EA. 6" Gate Valve $ 800.00 $ 0.00
EA. 8" Gate Valve $ 850.00 $ 7,650.00
EA. $ 1,050.00 $ 0.00
EA. $ 1,250.00 $ 0.00
EA. Fire Hydrant (6") Super $ 2,500.00 $ 0.00
EA. Fire Hydrant (6") Standard $ 2,300.00 $ 25,300.00
EA. 4" Misc. Fittings $ 150.00 $ 0.00
EA. 6" Misc. Fittings $ 200.00 $ 0.00
EA. 8" Misc. Fittings $ 250.00 $ 5,500.00
EA. 10" Misc. Fittings $ 280.00 $ 0.00
EA. 12" Misc. Fittings $ 320.00 $ 0.00
EA. Blowoffs (4") $ 1,600.00 $ 4,800.00
EA. $ 1,100.00 $ 149,600.00
EA. $ 200.00 $ 0.00
EA. $ 1,000.00 $ 0.00
EA. $ 1,850.00 $ 11,100.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
A. $ 380,250.00
B. $ 76,050.00
C. $ 456,300.00
D. $ 91,260.00
E. $ 547,560.00
20% x C
Water Total (C + D)
NOTE: Use 20% for TR and PM Use 5% for PP, CU, PU, MS and VL Cases
10" Gate Valve
12" Gate Valve
BOND AMOUNT FOR RECORDATION PRIOR TO
HAVING SIGNED PLAND
( ORD.460, SEC. 10.3E)
Subtotal
Administrative Contingency ( % x A)
12" DIP Waterline
8" DIP Waterline
Join Existing Waterline
16" Steel Casing
1" Water Service Connections
Water Total (A + B)
136
6 Adjust Water Valve to Grade
Relocation of Blowoff
Air and Vacuum Valve.
22 QUANTITY ITEM
3 9
11 2 Remove Plug and Join
8" PVC Waterline1,942
80 CITY OF WILDOMAR PUBLIC WORKS DEPARTMENT
IMPROVEMENT REQUIREMENT WORKSHEET
759
COST
ONSITE WATER IMPROVEMENTS
UNIT AMOUNT
Horizons - Constr Cost Worksheet Onsite Improvements.xls UNIT COSTS 3/01/2011
FORMAT 3/01/2008
UNIT
L.F. $ 35.00 $ 132,475.00
L.F. $ 50.00 $ 0.00
EA. 500.00 500.00
L.F. 25.00 45,325.00
EA. $ 5,000.00 $ 170,000.00
EA. $ 4,000.00 $ 0.00
EA. Cleanouts $ 500.00 $ 0.00
EA. Sewer Y's $ 30.00 $ 0.00
EA. Chimneys $ 400.00 $ 0.00
EA. Adjust M.H. to grade $ 500.00 $ 0.00
L.F. $ 35.00 $ 0.00
L.F. $ 35.00 $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
A. $ 348,300.00
B. $ 69,660.00
C. $ 417,960.00
D. $ 83,592.00
E. $ 501,552.00
QUANTITY ITEM
CITY OF WILDOMAR PUBLIC WORKS DEPARTMENT
IMPROVEMENT REQUIREMENT WORKSHEET
COST
ONSITE SEWER IMPROVEMENTS
UNIT AMOUNT
12" PVC Sewer Main
8" PVC Sewer Main3,785
1 1,813
34 Concrete Encasement
Concrete Encasement
Remove Existing Plug and Join
4" Sewer Lateral
5' Standard Manhole
Drop Manhole
Administrative Contingency ( % x A)
NOTE: Use 20% for TR and PM Use 5% for PP, CU, PU, MS and VL Cases
Subtotal
Sewer Total (C + D)
BOND AMOUNT FOR RECORDATION PRIOR TO
HAVING SIGNED PLAND ( ORD.460, SEC. 10.3E)
20% x C
Sewer Total (A + B)
Horizons - Constr Cost Worksheet Onsite Improvements.xls UNIT COSTS 3/01/2011
FORMAT 3/01/2008
ATTACHMENT B
Tract Map No. 31667
McVicar Culvert Cooperative Agreement
1 PUBLIC IMPROVEMENT AGREEMENT
NO FEE DOCUMENT
Government Code §6103
RECORDING REQUESTED BY AND
WHEN RECORDED MAIL TO:
CITY OF WILDOMAR
23873 Clinton Keith Road, Suite 201
Wildomar, CA 92595
Attn: City Clerk
The Above Space For Recorder’s Use
Only
Project Name: Horizons by Lennar Homes
Project Address: Northwest of the intersection
of Prielipp Road and
Elizabeth Lane
APN: 380-250-045
Project No.: 21-0117
OFFSITE PUBLIC IMPROVEMENT AGREEMENT
This Public Improvement Agreement (“Agreement”) is entered into this 9th day of March, 2022 by and between the City of Wildomar, a California municipal corporation (“City”) and Lennar Homes of California, Inc. (“Principal”). City and Principal may be individual or collectively referred to as a “party” or the “parties” to this Agreement.
RECITALS
A. Principal owns the real property located at APNs 380-250-045, in the City of Wildomar, California, which is more particularly described in Exhibit “A” to this Agreement (“Property”).
B. Principal has applied for and obtained certain development approvals from the City to develop the Property. The development approvals and City ordinances require Principal to construct certain public improvements and dedicate those public improvements to the City after construction is complete.
C. This Agreement memorializes the understanding between the parties regarding the terms and conditions under which Principal will construct and City will accept the required public improvements.
OPERATIVE PROVISIONS
NOW, THEREFORE, in consideration of the mutual promises and covenants made by the parties and contained here and other consideration, the value and adequacy of which are hereby acknowledged, the parties agree as follows:
2 PUBLIC IMPROVEMENT AGREEMENT
1. Construction of Improvements. The Principal agrees to construct and install public improvements on Prielipp Road, Elizabeth Lane and Bunny Trail, at the Principal’s own cost and expense - said improvements shown on the offsite improvement plans submitted by Principal and approved by the City as referenced and contained within this Public Improvement Agreement (“Required Improvements”). Prior to commencing any work, Principal shall, at its sole cost and expense, obtain all necessary permits and approvals and give all necessary and incidental notices required for the lawful construction of the Required Improvements and performance of Principal’s obligations under this Agreement. The Required Improvements shall be constructed in accordance with all approved plans, specifications, standard drawings, and special amendments thereto on file with the City, as well as all applicable federal, state, and local laws, ordinances, regulations, codes, standards, and other requirements applicable at the time work is actually commenced. Principal shall complete the construction of the Required Improvements within twelve months of the date of this Agreement.
a. Standard of Performance. Principal and its contractors, if any, shall perform all work required to construct the Required Improvements under this Agreement in a skillful and workmanlike manner, and consistent with the standards generally recognized as being employed by professionals in the same discipline in the State of California. Principal represents and maintains that it or its contractors shall be skilled in the professional calling necessary to perform the work. Principal warrants that all of its employees and contractors shall have sufficient skill and experience to perform the work assigned to them, and that they shall have all licenses, permits, qualifications and approvals of whatever nature that are legally required to perform the work, and that such licenses, permits, qualifications and approvals shall be maintained throughout the term of this Agreement.
b. Alterations to Improvements. All work shall be done and improvements made and completed as shown on approved plans and specifications, and any subsequent alterations thereto. If during the course of construction and installation of the Required Improvements it is determined that the public interest requires alterations in the Required Improvements, Developer shall undertake such design and construction changes as may be reasonably required by City. Any and all alterations in the plans and specifications and the Required Improvements to be completed may be accomplished without giving prior notice thereof to Developer’s surety for this Agreement.
c. Fees and Charges. Principal shall, at its sole cost and expense, pay all fees, charges, and taxes arising out of construction of the Required Improvements, including, but not limited to, all plan check, design review, engineering, inspection, and other service fees, and any impact or connection fees established by City ordinance, resolution, regulation, or policy, or as established by City or as required by other governmental agencies having jurisdiction over the Required Improvements.
2. Commencement of Work. The Principal shall notify the City Engineer of the commencement of work on the Required Improvements.
3 PUBLIC IMPROVEMENT AGREEMENT
3. Completion of Improvements. Upon satisfactory completion of all Required Improvements as determined by the City Engineer or his or her designee (hereafter the “City Engineer”), Principal shall offer to dedicate the Required Improvements to the City, and City agrees to accept that offer of dedication in accordance with its policies and procedures and the terms of this Agreement.
4. Title to Required Improvements. The City shall not accept the Required Improvements unless they are constructed in conformity with the approved plans and specifications, approved modifications, if any, and City Improvement Standards and Specifications, to the satisfaction of the City Engineer. Until such time as the Required Improvements are accepted by the City, Principal shall retain title and shall be responsible for, and bear the risk of loss to, any of the improvements constructed or installed. Title to and ownership of the Required Improvements shall vest absolutely in the City upon completion and acceptance in writing of such Required Improvements by City. The City shall not accept the Required Improvements unless title to the Required Improvements is entirely free from lien. Prior to acceptance, Principal shall supply the City with appropriate lien releases, at no cost to and in a form acceptable to the City. a. Developer’s Notice of Completion. Upon the acceptance of the Required Improvements by City, Principal shall file with the Recorder’s Office of the County of Riverside a notice of completion for the accepted Required Improvements in accordance with Article 2 of Chapter 4 of Title 2 of Part 6 of Division 4 of the Civil Code, at which time the accepted Required Improvements shall become the sole and exclusive property of City without payment therefor.
b. City Acceptance of Public Improvements. Issuance by City of occupancy permits for any buildings or structures located on the Property shall not be construed in any manner to constitute City’s acceptance or approval of any Required Improvements.
c. Developer’s Obligation to Provide As-Built or Record Drawings.
Notwithstanding the foregoing, City may not accept any Required Improvements unless and until Principal provides one (1) set of “as-built” or record drawings or plans to the City Engineer for all such Required Improvements. The drawings shall be certified and shall reflect the condition of the Required Improvements as constructed, with all changes incorporated therein.
5. Extension of Time to Complete Improvements.
a. The City Engineer may extend the date for completing the Required Improvements. Extensions shall be granted only upon a showing of good cause by the Principal. The City Engineer shall be the sole and final judge as to whether good cause has been shown.
b. Requests for extension of the completion date shall be in writing and delivered to the City Engineer in the manner hereinafter specified for service of notices. An extension of time, if any, shall be granted only in writing, and an oral extension shall not be valid or binding on the City.
4 PUBLIC IMPROVEMENT AGREEMENT
c. In the event the City Engineer extends the time of completion of the Required Improvements, such extension may be granted without notice by the City to the Principal’s surety and shall in no way release any guarantee or security given by the Principal pursuant to this Agreement, or relieve or release those providing an improvement security pursuant to this Agreement. The surety or sureties, if any, in executing the securities shall be deemed to have expressly agreed to any such extension of time.
d. In granting any extension of time, the City may require new or amended improvement security to reflect increases in the estimated costs of constructing the Required Improvements or impose other conditions to protect its interests and ensure the timely completion of the Required Improvements.
6. Inspection. Principal shall at all times maintain proper facilities and safe access for inspection of the Required Improvements by City and to the shops wherein any work is in preparation. Upon completion of the work, the Principal may request a final inspection by the City Engineer or his designee. If the City Engineer or the designated representative determines that the work has been completed in accordance with this Agreement, then the City Engineer shall certify the completion of the Required Improvements to the City. No improvements shall be finally accepted unless all aspects of the work have been inspected and determined to have been completed in accordance with the Improvement Plans and City standards. Principal shall bear all costs of plan check, inspection and certification.
7. Maintenance of Improvements. City shall not be responsible or liable for the maintenance or care of the Required Improvements until City formally approves and accepts them in accordance with its policies and procedures. City shall exercise no control over the Required Improvements until approved and accepted. Any use by any person of the Required Improvements, or any portion thereof, shall be at the sole and exclusive risk of the Principal at all times prior to City’s acceptance of the Required Improvements. Principal shall maintain all the Required Improvements in a state of good repair until they are completed by Principal and approved and accepted by City, and until the security for the performance of this Agreement is released. Maintenance shall include, but shall not be limited to, repair of pavement, curbs, gutters, sidewalks, signals, parkways, water mains, and sewers; maintaining all landscaping in a vigorous and thriving condition reasonably acceptable to City; removal of debris from sewers and storm drains; and sweeping, repairing, and maintaining in good and safe condition all streets and street improvements. It shall be Principal’s responsibility to initiate all maintenance work, but if it shall fail to do so, it shall promptly perform such maintenance work when notified to do so by City. If Principal fails to properly prosecute its maintenance obligation under this section, City may do all work necessary for such maintenance and the cost thereof shall be the responsibility of Principal and its surety under this Agreement. City shall not be responsible or liable for any damages or injury of any nature in any way related to or caused by the Required Improvements or their condition prior to acceptance. Until final acceptance of the Required Improvements, Principal shall give good and adequate warning to the public of each and every dangerous condition existing on the Property, and will take reasonable actions to protect 5 PUBLIC IMPROVEMENT AGREEMENT
the public from such dangerous conditions.
8. Superintendence by Principal. Principal shall require each contractor and subcontractor to have a competent foreman on the job at all times when that contractor or subcontractor, or any employee or agent thereof, is performing work on the Required Improvements. In addition, Principal shall maintain an office with a telephone and Principal or a person authorized to make decisions and to act for Principal in Principal’s absence shall be available on the job site within three (3) hours of being called at such office by the City during the hours of 9:00 A.M. through 5:00 P.M., Monday through Friday, or any other day or time when work is being performed on the Required Improvements.
9. Injury to Public Improvements, Public Property or Public Utilities Facilities.
Principal shall replace or repair, or have replaced or repaired, all public improvements, public utility facilities, and surveying or subdivision monuments which are destroyed or damaged in the performance of any work under this Agreement. Principal shall bear the entire cost of replacement or repairs of any and all public or private utility property damaged or destroyed in the performance of any work done under this Agreement, whether such property is owned by the United States or any agency thereof, or the State of California, or any agency or political subdivision thereof, or by the City or any public or private utility corporation or by any combination of such owners. Any repair or replacement shall be to the satisfaction of the City Engineer.
10. Warranty. If, within a period of one year after final acceptance by the City of the Required Improvements, any improvement or part of any improvement furnished and/or installed or constructed, or caused to be installed or constructed by Principal, or any of the work done under this Agreement materially fails to fulfill any of the requirements of this Agreement or the specifications referred to herein, Principal shall without delay and without any cost to City, repair, replace or reconstruct any defective or otherwise unsatisfactory part or parts of the improvements. If the Principal fails to act promptly or in accordance with this requirement, or if the exigencies of the situation require repairs or replacements to be made before the Principal can be notified, then the City may, at its option, make the necessary repairs or replacements or perform the necessary work, and Principal shall pay to City the actual cost of such repairs plus fifteen percent (15%) within thirty (30) days of the date of billing for such work by City.
As to any Required Improvements which have been repaired, replaced, or reconstructed during the Warranty, Principal and its surety hereby agree to extend the Warranty for an additional one (1) year period following City’s acceptance of the repaired, replaced, or reconstructed Required Improvements. Nothing herein shall relieve Principal from any other liability it may have under federal, state, or local law to repair, replace, or reconstruct any Required Improvement following expiration of the Warranty or any extension thereof. Principal’s warranty obligation under this section shall survive the expiration or termination of this Agreement.
11. Defense, Indemnification and Hold Harmless. Principal shall defend, indemnify, and hold harmless City, its elected officials, officers, employees, and agents from any and all actual or alleged claims, demands, causes of action, liability, loss, damage, or injury, to property or persons, including wrongful death, whether imposed by 6 PUBLIC IMPROVEMENT AGREEMENT
a court of law or by administrative action of any federal, state, or local governmental body or agency, arising out of or incident to any acts, omissions, negligence, or willful misconduct of Principal, its personnel, employees, agents, or contractors in connection with or arising out of construction or maintenance of the Required Improvements, or performance of this Agreement. This indemnification includes, without limitation, the payment of all penalties, fines, judgments, awards, decrees, attorneys’ fees, and related costs or expenses, and the reimbursement of City, its elected officials, officers, employees, and/or agents for all legal expenses and costs incurred by each of them.
This indemnification excludes only such portion of any claim, demand, cause of action, liability, loss, damage, penalty, fine, or injury, to property or persons, including wrongful death, which is caused solely and exclusively by the gross negligence or willful misconduct of City as determined by a court or administrative body of competent jurisdiction. Principal’s obligation to indemnify City shall survive the expiration or termination of this Agreement, and shall not be restricted to insurance proceeds, if any, received by City, its elected officials, officers, employees, or agents.
12. Security.
a. Required Security. Concurrently with the execution of this Agreement, the Principal shall furnish the City with:
(1) Faithful Performance Security. Principal shall provide faithful performance security to secure faithful performance of this Agreement (“faithful performance” security). This security shall be in the amount of one hundred percent (100%) of the total estimated cost of the Required Improvements, as determined by the City Engineer, which total cost is in the amount of $1,900,500.00 (One Million Nine Hundred Thousand Five Hundred and No/100 Dollars).
(2) Payment Security. Principal shall also provide payment security to secure payment to the contractors, subcontractors, laborers, material men, and other persons furnishing labor, materials, or equipment for the work (“payment security”). This security shall be in the amount of fifty percent (50%) of the total estimated cost of the Required Improvements, as determined by the City Engineer, which total cost is in the amount of $950,250.00 (Nine Hundred Fifty Thousand Two Hundred Fifty and No/100 Dollars), and shall secure the obligations set forth in Title 1 (commencing with Section 8000) through Title 3 (commencing with Section 9000) of Part 6 of Division 4 of the Civil Code of the State of California. (3) Guarantee and Warranty Security. Principal shall also file with this Agreement a “guarantee and warranty security” in the amount of ten percent (10%) of the total estimated cost of the Required Improvements, as determined by the City Engineer, which total cost is in the amount of $190,050.00 (One Hundred Ninety Thousand Fifty and No/100 Dollars) to guarantee and warrant the Required Improvements for a period of one year following their completion and acceptance against any defective work or labor done, or defective materials furnished. (4) Monument Security. Principal shall also file with this Agreement a “monument security” in the amount of one hundred percent (100%) of the 7 PUBLIC IMPROVEMENT AGREEMENT
total estimated cost of the installation of survey monuments, as determined by the City Engineer, which total cost is in the amount of Not Applicable to guarantee and secure the placement of such monuments.
b. Additional Requirements.
(1) Any bonds submitted as security pursuant to this section shall be furnished by companies who are authorized and licensed by the Insurance Commissioner of the State of California as “admitted surety insurers,” to act as surety upon bonds and undertakings. The company shall maintain in this State at least one office for the conduct of its business. Bonds must be approved by the City. The premiums for said bonds shall be paid by Principal.
(2) The bonds shall be furnished on the forms enclosed
following this Agreement and shall be satisfactory to the City. (3) The surety (or sureties) shall furnish reports as to the financial conditions from time to time as requested by the City. (4) Alternative forms of security will be allowed upon approval of the City Engineer and shall be approved as to form by the City Attorney. All required securities shall be in a form approved by the City Attorney. (5) No change, alteration, or addition to the terms of this Agreement or the plans and specifications incorporated herein shall in any manner affect the obligation of the sureties.
(6) The securities shall be irrevocable, shall not be limited as to time (except as to the one-year guarantee and warranty period) and shall provide that they may be released, in whole or part, only upon the written approval of the City Engineer and as provided in this Agreement. All securities provided pursuant to this Agreement shall expressly obligate the surety for any extension of time authorized by the City for Principal’s completion of the Required Improvements, whether or not the surety is given notice of such an extension by the City. (7) The Attorney-in-Fact (resident agent) who executes the securities on behalf of the surety company must attach a copy of his/her Power of Attorney as evidence of his authority. A notary shall acknowledge the power as of the date of the execution of the surety bond that it covers. c. Principal’s Liability. While no action of Principal shall be required in order for City to realize on its security under any security instrument, Principal agrees to cooperate with City to facilitate City’s realization under any security instrument, and to take no action to prevent City from such realization under any Security instrument.
Notwithstanding the giving of any security instrument or the subsequent expiration of any security instrument or any failure by any surety or financial institution to perform its obligations with respect thereto, Principal shall be personally liable for performance under this Agreement and for payment of the cost of the labor and materials for the improvements required to be constructed or installed hereby and shall, within ten (10) 8 PUBLIC IMPROVEMENT AGREEMENT
days after written demand therefor, deliver to City such substitute security as City shall require satisfying the requirements in this Section 12. d. Release of Security.
(1) Guarantee and Warranty Security. Any unused portion of the guarantee and warranty security may be released one year after acceptance of the Required Improvements by the City. The amount to be released shall first be reduced by the amount deemed necessary by the City to correct any defects in the Required Improvements that are known or believed by the City to exist at the end of the guarantee and warranty period. Any unreleased portion of the guarantee and warranty security shall remain in full force and effect unless and until the City notifies Principal in writing that the necessary repairs have been made to the satisfaction of the City Engineer and that the warranty period has been successfully completed. (2) Payment Security. The payment security may be released thirty-five (35) days after passage of the time within which claims of lien are required to be recorded pursuant to Article 2 of Chapter 4 of Title 2 of Part 6 of Division 4 of the Civil Code (commencing with Section 8410), but in no event shall such security be released prior to one hundred and twenty (120) days after acceptance of the Required Improvements by the City. The amount to be released shall first be reduced by the total of all claims on which an action has been filed and notice thereof given in writing to the City. City expressly may require the surety not to release the amount of security deemed necessary by City to assure payment of reasonable expenses and fees, including reasonable attorney’s fees.
(3) Faithful Performance Security. The faithful performance security may be released upon acceptance of the Required Improvements by the City. (4) Monument Security. The monument security may be
released by written authorization of the City Engineer after all required monuments are accepted by the City Engineer, and City has received written acknowledgment of payment in full from the engineer or surveyor who set the monuments.
13.Insurance.
a.Types; Amounts. Developer shall procure and maintain, and shall require its contractors to procure and maintain, during construction of any Public Improvement pursuant to this Agreement, insurance of the types and in the amounts described below. If any of the Required Insurance contains a general aggregate limit, such insurance shall apply separately to this Agreement or be no less than two times the specified occurrence limit.
(1)General Liability. Developer and its contractors shall procure and maintain Commercial General Liability Insurance no less broad than Insurance Services Office (ISO) form CG 00 01 or equivalent form, with a combined single limit of not less than $3,000,000 per occurrence for bodily injury, personal injury, and property damage. The General Aggregate shall be twice the occurrence limit or shall apply separately to each project. If Developer maintains higher limits than the 9 PUBLIC IMPROVEMENT AGREEMENT
specified minimum limits, City requires and shall be entitled to coverage for the higher limits maintained by Developer. The General Liability policy shall not contain a Contractors' Warranty or other similar language which eliminates or restricts insurance because of a subcontractor's failure to carry specific insurance or to supply evidence of such insurance
(2)Business Automobile Liability. Developer and its
contractors shall procure and maintain business automobile liability insurance, or equivalent form, with a combined single limit of not less than $1,000,000 per occurrence. Such insurance shall include coverage for the ownership, operation, maintenance, use, loading, or unloading of any vehicle owned, hired, and non owned by the insured or for which the insured is responsible.
(3)Workers’ Compensation. Developer and its contractors shall procure and maintain workers’ compensation insurance with limits as required by the Labor Code of the State of California and Employers Liability with limits of $1,000,000 per Accident; $1,000,000 Disease per employee; $1,000,000 Disease per policy at all times during which insured retains employees. (4)Professional Liability. For any consultant or other professional who will engineer or design the Public Improvements, liability insurance for errors and omissions with limits not less than $1,000,000 per claim. Such insurance shall be endorsed to include contractual liability. Coverage applicable to the work performed under this agreement shall be continued for five (5) years after completion of the work . Such continuation coverage may be provided by one of the following: (1) renewal of the existing policy; (2) an extended reporting period endorsement; or (3) replacement insurance with a retroactive date no later than the commencement of the work under this agreement.
(5)Pollution Liability.Minimum Limits: $1,000,000 per
Pollution Incident; $1,000,000 Aggregate; Coverage shall apply to pollution incidents at or from any location at which Developer and its contractors are performing work under this agreement. Any deductible or self-insured retention shall be shown on the Certificate of Insurance. If the deductible or self-insured retention exceeds $25,000 it shall be approved in advance by the City. Developer and its contractors are responsible for any deductible or self-insured retention and shall fund it upon the City’s written request, regardless of whether Developer and its contractors have a claim against the insurance or are named as a party in any action involving the City. The City, its elected officials, officers, employees, agents, and volunteers shall be endorsed as an additional insured for liability arising out of ongoing and completed operations by or on behalf of the Developer and its contractors. Additional insured status shall continue for one (1) year after completion of the work. The insurance provided to the additional insureds shall apply on a primary and non-contributory basis with respect to any insurance or self-insurance program maintained by them. If the insurance is on a Claims-Made basis, the retroactive date shall be no later than the commencement of work. The insurance shall be continued for one (1) year after completion of the work. If the insurance is on a Claims-Made basis, the continuation coverage may be provided by: (a) renewal of the 10 PUBLIC IMPROVEMENT AGREEMENT
existing policy; (b) an extended reporting period endorsement; or (c) replacement insurance with a retroactive date no later than the commencement of the work. b.Deductibles. Any deductibles or self-insured retentions must be declared to and approved by City. At the option of City, either: (a) the insurer shall reduce or eliminate such deductibles or self-insured retentions as respects City, its elected officials, officers, employees, agents, and volunteers; or (b) Developer and its contractors shall provide a financial guarantee satisfactory to City guaranteeing payment of losses and related investigation costs, claims, and administrative and defense expenses.
c.Additional Insured; Separation of Insureds. The Required Insurance (except Workers’ Compensation and Professional Liability) shall name City, its elected officials, officers, employees, agents, and volunteers as additional insureds with respect to work performed by or on behalf of Developer or its contractors, including materials, parts, or equipment furnished in connection therewith City shall be endorsed as an additional insured for liability arising out of ongoing and completed operations by or on behalf of the contractor. City shall continue to be an additional insured for completed operations for (1) year after completion of the work. The policy shall cover inter-insured suits and include a “Separation of Insureds” or “severability” clause which treats each insured separately and shall contain no special limitations on the scope of its protection to City, its elected officials, officers, employees, agents, and volunteers. d.Primary Insurance; Waiver of Subrogation. The General Liability Insurance provided to the additional insured shall be primary to, and non contributory with, any insurance or self insurance program maintained by the City, its elected officials, officers, employees, agents, and volunteers. All policies for the Required Insurance shall provide that the insurance company waives all right of recovery by way of subrogation against City, its elected officials, officers, employees, agents and volunteers.
e.Certificates; Verification. Developer and its contractors shall furnish City with original certificates of insurance and endorsements effecting coverage for the Required Insurance. The certificates and endorsements for each insurance policy shall be signed by a person authorized by that insurer to bind coverage on its behalf. All certificates and endorsements must be received and approved by City before work pursuant to this Agreement can begin. City reserves the right to require complete, certified copies of all required insurance policies, at any time. f.Term; Cancellation Notice. Developer and its contractors shall maintain the Required Insurance for the term of this Agreement and shall replace any certificate, policy, or endorsement which will expire prior to that date. Developer shall provide immediate written notice if (1) any of the required insurance policies is terminated; (2) the limits of any of the required polices are reduced; (3) or the deductible or self insured retention is increased. In the event of any cancellation or reduction in coverage or limits of any insurance, Developer shall forthwith obtain and submit proof of substitute insurance. Should Developer fail to immediately procure other insurance, as 11 PUBLIC IMPROVEMENT AGREEMENT
specified, to substitute for any canceled policy, the City may procure such insurance at Developer’s sole cost and expense.
g.Insurer Rating. Unless approved in writing by City, all Required Insurance shall placed with insurers licensed to do business in the State of California and with a current A.M. Best rating of at least A:VIII.
14. Principal Not Agent of City. Neither Principal nor any of Principal’s agents, contractors, or subcontractors are or shall be considered to be agents of the City in connection with the performance of Principal’s obligations under this Agreement.
15. Default; Notice; Remedies.
a. Notice. If Principal neglects, refuses, or fails to fulfill or timely complete any obligation, term, or condition of this Agreement, or if City determines there is a violation of any federal, state, or local law, ordinance, regulation, code, standard, or other requirement, City may at any time thereafter declare Principal to be in default or violation of this Agreement and make written demand upon Principal or its surety, or both, to immediately remedy the default or violation. Principal shall commence the work required to remedy the default or violation within ten (10) days of the written demand from the City. If the default or violation constitutes an immediate threat to the public health, safety, or welfare, City may provide the demand verbally, and Principal shall commence the required work within twenty-four (24) hours thereof. Immediately upon City’s issuance of the demand to remedy the default, Principal and its surety shall be liable to City for all costs of construction and installation of the Required Improvements and all other administrative costs expenses as provided for in Section 9.0 of this Agreement.
b. Failure to Remedy; City Action. If the work required to remedy the noticed default or violation is not diligently prosecuted to a substantial completion acceptable to City within a reasonable time designated by the City, City may complete all remaining work, arrange for the completion of all remaining work, and/or conduct such remedial activity as in its sole and absolute discretion it believes is required to remedy the default or violation. All such work or remedial activity shall be at the sole and absolute cost, expense, and liability of Principal and its surety, without the necessity of giving any further notice to Principal or surety. City’s right to take such actions shall in no way be limited by the fact that Principal or its surety may have constructed any, or none of the required or agreed upon Required Improvements at the time of City’s demand for performance. In the event City elects to complete or arrange for completion of the remaining work and improvements, City may require all work by Principal or its surety to cease in order to allow adequate coordination by City. Notwithstanding the foregoing, if conditions precedent for reversion to acreage can be met and if the interests of City will not be prejudiced thereby, City may also process a reversion to acreage and thereafter recover from Principal or its surety the full cost and expense incurred.
c. Other Remedies. No action by City pursuant this section shall prohibit City from exercising any other right or pursuing any other legal or equitable 12 PUBLIC IMPROVEMENT AGREEMENT
remedy available under this Agreement or any federal, state, or local law. City may exercise its rights and remedies independently or cumulatively, and City may pursue inconsistent remedies. City may institute an action for damages, injunctive relief, or specific performance.
16. Notices. All notices required under this Agreement shall be in writing, and delivered in person or sent by registered or certified mail, postage prepaid.
Notices required to be given to City shall be addressed as follows:
City Engineer
City of Wildomar
23873 Clinton Keith Road, Suite 201
Wildomar, CA 92595
Notices required to be given to Principal shall be addressed as follows:
Lennar Homes of California, LLC
Attn: Geoffrey Smith
980 Montecito Drive, Suite 302
Corona, CA 92879
17. Authority to Execute. Each of the signatories hereto represents and warrants that he or she is competent and authorized to enter into this Agreement on behalf of the Party for whom he or she purports to sign. Each Party hereto agrees to defend, indemnify, and hold harmless the other Parties hereto against all claims, suits, actions, and demands, including necessary expenses of investigation and reasonable attorneys' fees and costs, arising out of claims that its signatory was not competent or so authorized to execute this Agreement.
18. Attorney’s Fees. If any arbitration, lawsuit, or other legal action or proceeding is brought by one Party against the other Party in connection with this Agreement, the prevailing party, whether by final judgment or arbitration award, shall be entitled to and recover from the other party all attorney’s fees and costs. Any judgment, order, or award entered in such legal action or proceeding shall contain a specific provision providing for the recovery of attorney’s fees and costs.
19. Assignment. Principal shall not assign, hypothecate, or transfer, either directly or by operation of law, this Agreement or any interest herein without prior written consent of City. Any attempt to do so shall be null and void, and any assignee, hypothecatee, or transferee shall acquire no right or interest by reason of such attempted assignment, hypothecation, or transfer. Unless specifically stated to the contrary in City’s written consent, any assignment, hypothecation, or transfer shall not release or discharge Developer from any duty or responsibility under this Agreement.
20. Compliance with Laws. Principal, its agents, employees, contractors, and subcontractors shall comply with all federal, state and local laws in the performance of the work required by this Agreement including, but not limited to, obtaining all applicable 13 PUBLIC IMPROVEMENT AGREEMENT
permits and licenses.
21. Waiver. City’s failure to insist upon strict compliance with any provision of this Agreement or to exercise any right or privilege provided herein, or City’s waiver of any breach of this Agreement, shall not relieve Principal of any of its obligations under this Agreement, whether of the same or similar type. The foregoing shall be true whether City’s actions are intentional or unintentional. Principal agrees to waive, as a defense, counterclaim or set off, any and all defects, irregularities or deficiencies in the authorization, execution or performance of the Required Improvements or this Agreement, as well as the laws, rules, regulations, ordinances or resolutions of City with regards to the authorization, execution or performance of the Required Improvements or this Agreement.
22. No Vesting of Rights. Entering into this Agreement shall not be construed to vest Principal’s rights with respect to any change in any zoning or building law or ordinance.
23. Approvals by City; Amendment. No amendment to or modification of this Agreement shall be valid unless made in writing and approved by the Principal and by the City. The Parties agree that the requirement for written modifications cannot be waived and that any attempted waiver shall be void. The City’s City Manager may, but is not required to, make minor amendments not affecting substantive terms without further authorization from the City Council. The City Council hereby authorizes the City Manager to execute any such amendments as required by this Agreement or that do not otherwise reduce City’s rights under this Agreement. All other amendments shall be approved by the City Council.
24. Construction and Interpretation. It is agreed and acknowledged by Principal that the provisions of this Agreement have been arrived at through negotiation, and that Principal has had a full and fair opportunity to revise the provisions of this Agreement and to have such provisions reviewed by legal counsel. Therefore, the normal rule of construction that any ambiguities are to be resolved against the drafting party shall not apply in construing or interpreting this Agreement.
25. Successors and Assigns -- Covenant Running With the Land. This Agreement shall inure to the benefit of, and be binding upon, the successors and assigns of the respective parties. The Agreement shall be recorded in the Office of the Recorder of Riverside County and shall constitute a covenant running with the land and an equitable servitude upon the subject property.
26. Actions. Any action by any party to this Agreement, or any action concerning a security furnished pursuant thereto, shall be brought in the appropriate court of competent jurisdiction within the County of Riverside, State of California, notwithstanding any other provision of law which may provide that such action may be brought in some other location. The law governing this Agreement is the law of the State of California.
27. Integration. This Agreement is an integrated agreement. It supersedes all 14 PUBLIC IMPROVEMENT AGREEMENT
prior negotiations, representations, or agreements, either written or oral.
28. Construction; References; Captions. It being agreed the Parties or their agents have participated in the preparation of this Agreement, the language of this Agreement shall be construed simply, according to its fair meaning, and not strictly for or against any Party. Any term referencing time, days, or period for performance shall be deemed calendar days and not work days. All references to Principal include all personnel, employees, agents, and subcontractors of Principal, except as otherwise specified in this Agreement. All references to City include its elected officials, officers, employees, agents, and volunteers except as otherwise specified in this Agreement.
The captions of the various articles and paragraphs are for convenience and ease of reference only, and do not define, limit, augment, or describe the scope, content, or intent of this Agreement.
29. Severability. If any provision in this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remaining provisions shall continue in full force without being impaired.
30. Counterparts. This Agreement may be executed in counterpart originals, which taken together, shall constitute one and the same instrument.
31. Effective Date of Agreement. This Agreement shall not become effective until the date it has been formally approved by the City and executed by the appropriate authorities of City and Principal.
32. Relationship Between The Parties. The Parties hereby mutually agree that neither this Agreement, nor any other related entitlement, permit, nor approval issued by City for the Property shall operate to create the relationship of partnership, joint venture, or agency between City and Principal. Principal’s contractors and subcontractors are exclusively and solely under the control and dominion of Principal.
Nothing herein shall be deemed to make Principal or its contractors an agent or contractor of City.
IN WITNESS WHEREOF, the parties have executed this Agreement as follows:
15 PUBLIC IMPROVEMENT AGREEMENT
CITY OF WILDOMAR
Daniel A. York
City Manager
PRINCIPAL:
Lennar Homes of California, LLC
Name: Geoffrey Smith
Title: Vice President
Name:
Title:
ATTEST:
___________________________
Janet Morales
City Clerk
APPROVED AS TO FORM
___________________________
Thomas D. Jex
City Attorney
NOTE: SIGNATURES SHALL BE DULY NOTARIZED, AND APPROPRIATE ATTESTATIONS
SHALL BE INCLUDED AS MAY BE REQUIRED BY THE BYLAWS, ARTICLES OF
INCORPORATION, OR OTHER RULES OR REGULATIONS APPLICABLE TO T BUSINESS ENTITY.
16 PUBLIC IMPROVEMENT AGREEMENT
EXHIBIT “A”
LEGAL DESCRIPTION OF PROPERTY
Parcel 4 of Parcel Map No. 9637, in the City of Wildomar, County of Riverside, State of California, as shown by map on file in book 58, pages 1 through 5, inclusive, of parcel maps, in the office of the county recorder of said Riverside County.
1 PUBLIC IMPROVEMENT AGREEMENT
EXHIBIT “B”
SURETY BONDS AND OTHER SECURITY
As evidence of understanding the provisions contained in this Agreement, and of the Principal’s intent to comply with same, the Principal has submitted the below described security in the amounts required by this Agreement, and has affixed the appropriate signatures thereto:
PERFORMANCE SECURITY: $ 1,900,500.00
Surety:
Attorney-in-
fact:
Address:
PAYMENT SECURITY: $1,667,5 950,250.00
Surety:
Attorney-in-
fact:
Address:
MONUMENT SECURITY: $ Not Applicable
Amount deposited per Cash Receipt
No.
Date:
1 PUBLIC IMPROVEMENT AGREEMENT
BOND NO. ___________________
INITIAL PREMIUM: ___________________
SUBJECT TO RENEWAL
CITY OF WILDOMAR
OFFSITE PUBLIC IMPROVEMENTS
FORM OF PERFORMANCE BOND
KNOW ALL MEN BY THESE PRESENTS:
WHEREAS the City of Wildomar, California (“City”) and Lennar Homes of California, LLC (“Principal”), have executed an agreement for work consisting of, but not limited to, the furnishing all labor, materials, tools, equipment, services, and incidentals for all grading, roads, paving, curbs and gutters, pathways, storm drains, sanitary sewers, utilities, drainage facilities, traffic controls, landscaping, street lights, and all other required facilities for Horizons by Lennar Homes Offsite Public Improvements (“Public Improvements”);
WHEREAS, the Public Improvements to be performed by Principal are more particularly set forth in that certain Public Improvement Agreement dated March 9, 2022 (“Improvement Agreement”);
WHEREAS, the Improvement Agreement is hereby referred to and incorporated herein by reference; and
WHEREAS, Principal is required by the Improvement Agreement to provide a good and sufficient bond for performance of the Improvement Agreement, and to guarantee and warranty the Public Improvements constructed thereunder.
NOW, THEREFORE, Principal and _________________________________ (“Surety”), a corporation organized and existing under the laws of the State of __________, and duly authorized to transact surety business under the laws of the State of California, are held and firmly bound unto City in the sum of ___________________________________ Dollars ($____________), said sum being not less than one hundred percent (100%) of the total cost of the Public Improvements as set forth in the Improvement Agreement, we bind ourselves, our heirs, executors and administrators, successors and assigns, jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION is such, that if Principal, his or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and perform the covenants, conditions, agreements, guarantees, and warranties in the Improvement Agreement and any alteration thereof made as therein provided, to be kept and performed at the time and in the manner therein specified and in all respects according to their intent and meaning, and to indemnify and save harmless City, its officers, employees, and agents, as stipulated in 2 PUBLIC IMPROVEMENT AGREEMENT
the Improvement Agreement, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect.
As part of the obligation secured hereby, and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney’s fees, incurred by City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered.
Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the Improvement Agreement, or to any plans, profiles, and specifications related thereto, or to the Public Improvements to be constructed thereunder, shall in any way affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration, or addition.
IN WITNESS WHEREOF, the seal and signature of the Principal is hereto affixed, and the corporate seal and the name of the Surety is hereto affixed and attested by its duly authorized Attorney-in-Fact at _______________________, this _____ day of _______________, ______.
Lennar Homes of California, LLC
Principal Surety
By: By:
Its: Managing Member Attorney-In-Fact
(print name) (print name)
NOTE: APPROPRIATE NOTARIAL ACKNOWLEDGMENTS OF EXECUTION
BY PRINCIPAL AND SURETY, AND A COPY OF THE POWER OF
ATTORNEY TO LOCAL REPRESENTATIVES OF THE BONDING
COMPANY MUST BE ATTACHED TO THIS BOND.
1 PUBLIC IMPROVEMENT AGREEMENT
BOND NO. ___________________
INITIAL PREMIUM: ___________________
SUBJECT TO RENEWAL
CITY OF WILDOMAR
OFFSITE PUBLIC IMPROVEMENTS
FORM OF LABOR AND MATERIAL BOND
KNOW ALL MEN BY THESE PRESENTS:
WHEREAS the City of Wildomar California (“City”) and Lennar Homes of California, LLC (“Principal”), have executed an agreement for work consisting of, but not limited to, the furnishing all labor, materials, tools, equipment, services, and incidentals for all grading, roads, paving, curbs and gutters, pathways, storm drains, sanitary sewers, utilities, drainage facilities, traffic controls, landscaping, street lights, and all other required facilities for Horizons by Lennar Homes Offsite Public Improvements (“Public Improvements”);
WHEREAS, the Public Improvements to be performed by Principal are more particularly set forth in that certain Public Improvement Agreement dated March 9, 2022 (“Improvement Agreement”);
WHEREAS, the Improvement Agreement is hereby referred to and incorporated herein by reference; and
WHEREAS, Principal is required to furnish a bond in connection with the Improvement Agreement providing that if Principal or any of its subcontractors shall fail to pay for any materials, provisions, or other supplies, or terms used in, upon, for, or about the performance of the Public Improvements, or for any work or labor done thereon of any kind, or for amounts due under the provisions of Title 1 (commencing with section 8000) through Title 3 (commencing with section 9000) of Part 6 of Division 4 of the California Civil Code, with respect to such work or labor, that the Surety on this bond will pay the same together with a reasonable attorney’s fee in case suit is brought on the bond.
NOW, THEREFORE, Principal and _________________________ (“Surety”), a corporation organized and existing under the laws of the State of _________________, and duly authorized to transact business under the laws of the State of California, are held and firmly bound unto City and to any and all material men, persons, companies or corporations furnishing materials, provisions, and other supplies used in, upon, for or about the performance of the Public Improvements, and all persons, companies or corporations renting or hiring teams, or implements or machinery, for or contributing to the Public Improvements to be done, and all persons performing work or labor upon the same and all persons supplying both work and materials as aforesaid excepting the 2 PUBLIC IMPROVEMENT AGREEMENT
Principal, the sum of _________________________ Dollars ($_______________), said sum being not less than 50% of the total cost of the Public Improvements under the terms of the Improvement Agreement, we bind ourselves, our heirs, executors and administrators, successors and assigns jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION IS SUCH that if the Principal, his or its subcontractors, heirs, executors, administrators, successors, or assigns, shall fail to pay for any materials, provisions, or other supplies or machinery used in, upon, for or about the performance of the Public Improvements, or for work or labor thereon of any kind, or fail to pay any of the persons named in California Civil Code Section 9100, or amounts due under the Unemployment Insurance Code with respect to work or labor performed by any such claimant, or for any amounts required to be deducted, withheld, and paid over to the Employment Development Department from the wages of employees of the contractor and his subcontractors pursuant to Section 13020 of the Unemployment Insurance Code with respect to such work and labor, and all other applicable laws of the State of California and rules and regulations of its agencies, then said Surety will pay the same in or to an amount not exceeding the sum specified herein.
As part of the obligation secured hereby, and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney’s fees, incurred by City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered.
It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies, and corporations entitled to file claims under Title 1 (commencing with section 8000) through Title 3 (commencing with section 9000) of Part 6 of Division 4 of the California Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond.
Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the Improvement Agreement, or to any plans, profiles, and specifications related thereto, or to the Public Improvements to be constructed thereunder, shall in any way affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration, or addition. 3 PUBLIC IMPROVEMENT AGREEMENT
IN WITNESS WHEREOF, the seal and signature of the Principal is hereto affixed, and the corporate seal and the name of the Surety is hereto affixed and attested by its duly authorized Attorney-in-Fact at _____________________, this _____ day of _______________, ______.
Lennar Homes of California, LLC
Principal Surety
By: By:
Its: Managing Member Attorney-In-Fact
(print name) (print name)
NOTE: APPROPRIATE NOTARIAL ACKNOWLEDGMENTS OF EXECUTION
BY PRINCIPAL AND SURETY, AND A COPY OF THE POWER OF
ATTORNEY TO LOCAL REPRESENTATIVES OF THE BONDING
COMPANY MUST BE ATTACHED TO THIS BOND.
PARCEL MAP OR TRACT MAP NO. TM 36672 DATE: 2/1/2022
PROJECT: 21-0117 Lennar-Horizons
OFFSITE IMPROVEMENTS
Street/Drainage $ 1,338,899.15 $ $
*Flood Control $ 0.00 $ $
Water None $ 347,284.80 $ $
EVMWD
Sewer None $ 213,838.27 $ $
EVMWD
Total 1,900,022.22 $ $
Warranty Retention (10%) $
Construction items and their quantities, as shown on the attached sheets, are accurate for the improvements required to construct the above project and the mat hmatical extensions, using City's unit costs, are accurate for determining bonding costs
Above amounts do/do not include additional 20% for re cordation prior to having signed plans (Ordinance 460, Section 10.3E).
2/1/2022
Signature Date
John D. Tanner III 60132 6/30/2022
Name Typed or printed RCE# Exp. Date
Civil Engineer's Stamp
*Flood Control Construction Cost Estimate to be provided by Flood Control District. Provide a copy of Flood Control District letter stating cost estmate.
1. Quantities are to be taken from the Improvement Plans. Unit cost are to be as provided on "City of Wildomar Improvement Requirement Worksheet."
2. Show Performance Bond Amounts to the nearest $500.00. Material and Labor Bond Amounts are 50% of Performance Bond Amountss. **100% for Flood Control items.
3. For Construction items not covered by "City of Wildomar Improvement Requirements Worksheet", Design Engineer is to provide his opinion of construction cost and use that cost. If City of Wildomar Unit Costs are determined to be too low, in the opinion of the design engineer, the higher costs as provided by the Design Engineer should be used.
FAITHFUL PERFORMANCE
SECURITY
(100% of Estimated
Construction Costs) Construction Costs)
SECURITY
(**50% of Estimated
*** PLEASE READ INSTRUCTIONS BELOW ***
1,339,000.00
0.00 347,500.00
214,000.00
1,900,500.00
190,050.00
669,500.00
CITY OF WILDOMAR PUBLIC WORKS DEPARTMENT
AND PLAN CHECK DEPOSIT CALCULATION SHEET
CONSTRUCTION COST WORKSHEET
DESIGN ENGINEER'S CALCULATION OF IMPROVEMENT BONDING COSTS
0.00 173,750.00
107,000.00
950,250.00
PP, CU, PU, MS OR VL NO.
MATERIAL & LABOR
Horizons - Constr Cost Worksheet Offsite Improvements .xls UNIT COSTS 3/01/2011
FORMAT 3/01/2008
(OFFSITE IMPROVEMENTS)
Sheet 2 of 8
UNIT
C.Y. $ 0.40 $ 0.00
C.Y. $ 1.10 $ 8,439.20
C.Y. $ 2.80 $ 0.00
SF
L.F. $ 1.00 $ 1,009.00
S.F. $ 1.50 $ 5,622.00
S.Y. $ 2.00 $ 832.00
TON $ 90.00 $ 260,838.14
C.Y. $ 50.00 $ 177,481.48
Ton $ 600.00 $ 2,129.78
S.F. $ 0.90 $ 3,373.20
L.F. $ 15.00 $ 30,225.00
L.F. $ 17.00 $ 0.00
L.F. $ 12.00 $ 0.00
L.F. $ 12.00 $ 0.00
L.F. $ 15.00 $ 2,250.00
L.F. $ 8.00 $ 17,472.00
L.F. $ 10.00 $ 0.00
S.F. $ 10.00 $ 0.00
S.F. $ 6.00 $ 83,364.00
S.F. $ 8.00 $ 0.00
S.F. $ 6.00 $ 0.00
EA. $ 2,000.00 $ 8,000.00
C.Y. $ 400.00 $ 0.00
L.F. $ 100.00 $ 3,200.00
L.F. $ 35.00 $ 0.00
L.F. $ 10.00 $ 0.00
L.F. $ 80.00 $ 0.00
L.F. $ 12.00 $ 0.00
EA. $ 1,000.00 $ 0.00
EA. $ 10,000.00 $ 10,000.00
EA. $ 5,000.00 $ 55,000.00
EA. $ 2,500.00 $ 0.00
EA. $ 300.00 $ 0.00
C.Y. $ 400.00 $ 0.00
L.F. $ 113.00 $ 24,973.00
L.F. $ 115.00 $ 40,825.00
L.F. $ 153.00 $ 0.00
L.F. $ 90.00 $ 0.00
L.F. $ 100.00 0.00
L.F. $ 235.00 0.00
L.F. $ 130.00 0.00
L.F. $ 150.00 0.00
L.F. $ 170.00 6,970.00
EA. $ 2,200.00 $ 8,800.00
EA. $ 4,000.00 $ 8,000.00
EA. $ 7,800.00 $ 0.00
4 2 Catch Basin W=7' Catch Basin W=4'
Catch Basin W=14'
18" R.C. P. Or 21" x 15" RCPA
30" R.C. P. Or 35" x 24" RCPA
36" R.C. P. Or 42" x 29" RCPA
42" R.C. P. Or 49" x 33" RCPA
54" R.C. P. Or 64" x 43" RCPA
48" R.C. P. Or 57" x 38" RCPA
60" R.C. P. Or 71" x 47" RCPA
24" R.C. P. Or 28" x 20" RCPA
221
355
Cut Off Wall ( Std 2' )
Concrete Bulkhead
Pipe Gate
Slope Anchors for Pipes
1 Relocate Power Pole Street Lights (including conduit)
Relocate Fence
11 7,672
Type "C" Curb
Type "D" Curb
Utility Trench, one side (Edison, Telephone, Cable) (total length of Streets) Handicapped Access Ramp
A.C. Dike (8")(incl. material & labor)
Metal Beam Guard Railing
32 CITY OF WILDOMAR PUBLIC WORKS DEPARTMENT
IMPROVEMENT REQUIREMENT WORKSHEET
COST
OFFSITE STREET AND STORM DRAIN IMPROVEMENTS
UNIT AMOUNT QUANTITY ITEM
0.00$$
2. Projects without a Grading Plan, Road area and side slopes to daylight Cut (c) = Fill (f) =
C.Y.
(a.) Excavate and Fill
20.001. Projects with Grading Plan Area x 0.50' (hinge point to hinge point)
OFFSITE EXCAVATION
Grinding A.C. , in place
95,840
3,748
(b.) Excavate and Export
(c.) Import and Fill
If balance, provide (a.) only, either cut or fill, If export, provide (a.)&(b.) a = fill, b = cut - fill, If import, provide (a)&(c), a = cut, c = fill - cut (Unit costs for (a),(b), & (c) are 20% of actual costs to assure that work will be corrected to eliminate hazardous conditions.)
AC Area
P.C.C. Dip Section Std. 307
150
Type "D-1" Curb
2,015 Curb and Gutter (Type A-6) Structural Reinforcement Concrete (Retaining Wall)
P.C.C. Drive Approach
2,184
4 P.C.C. Cross Gutter and Spandrels
P.C.C. Sidewalk
A.C. Dike (6")(incl. material & labor)
Chain Link Fence ( 6' )
Barricades
3,550
13,894
1,009
4 Curb and Gutter (Type A-8)
Sawcut Exist. A.C. Pavement
Cold Plane A.C. Pavement
416
Asphalt Concrete 5" ( 95,840 S.F.) ( 144 lbs/cu.ft) Agg Base Class II 12" (95,840 S.F.)
Asphalt Emulsion (Fog Seal/Paint Binder) (1 ton = 240 gals) (95,840 S.F.) apply at
0.05+0.03 = 0.08 gal/SY
2,898
3,748 AC overlay (min. 0.10') 41 66" R.C. P.
Horizons - Constr Cost Worksheet Offsite Improvements .xls UNIT COSTS 3/01/2011
FORMAT 3/01/2008
Sheet 3 of 8
EA. $ 12,000.00 $ 0.00
EA. $ 15,000.00 $ 0.00
EA. $ 2,500.00 $ 0.00
EA. $ 2,500.00 $ 0.00
EA. $ 3,000.00 $ 0.00
EA. $ 3,000.00 $ 3,000.00
EA. $ 2,000.00 $ 2,000.00
EA. $ 3,700.00 $ 0.00
EA. $ 12,500.00 $ 0.00
EA. $ 12,500.00 $ 0.00
EA. $ 2,700.00 $ 2,700.00
EA. $ 2,700.00 $ 0.00
EA. $ 3,300.00 $ 6,600.00
EA. $ 2,700.00 $ 0.00
EA. $ 5,000.00 $ 5,000.00
EA. $ 250.00 $ 0.00
EA. $ 600.00 $ 0.00
EA. $ 500.00 $ 1,000.00
EA. $ 300.00 $ 600.00
EA. $ 3,800.00 $ 3,800.00
S.F. $ 55.00 $ 16,995.00
S.F. $ 5.75 $ 27,709.25
S.F. $ 2.50 $ 34,370.00
S.F. $ 6.75 $ 0.00
LS $ 6,500.00 $ 6,500.00
LS $ 3,500.00 $ 3,500.00
EA. $ 4,500.00 $ 13,500.00
AC. $ 3,500.00 $ 14,000.00
AC. $ 1,750.00 $ 7,000.00
$
L.S. $ 15,209.61 $ 15,209.61
L.S. $ 7,351.31 $ 7,351.31
L.S. $ 152.10 $ 152.10
$ $ 0.00
A. $ 929,791.07
B. $ 185,958.21
C. $ 1,115,749.29
D. $ 223,149.86
E. Streets/Drainage Total (C + D) $ 1,338,899.15
Concrete Headwall and Wingwall1
LANDSCAPING
Manhole No. 1
Manhole No. 2
Rip Rap309
1 2
2 CMP Riser
Streets/Drainage Total (A + B)
Administrative Contingency ( % x A)
NOTE: Use 20% for TR and PM Use 5% for PP, CU, PU, MS and VL Adjust Water Valve to Grade ( if no water plan )
1 Type X Inlet
Junction Structure No. 1
Junction Structure No. 2
BOND AMOUNT FOR RECORDATION PRIOR TO HAVING SIGNED PLANS Subtotal
Concrete Collar
20% x C
Catch Basin W=21'
Catch Basin W=28'
Manhole No. 3
Manhole No. 4
Junction Structure No. 6
Transition Structure No. 1
1 Transition Structure No. 2
Transition Structure No. 3
Adjust MH to Grade ( if no sewer plan )
2 Type IX Inlet
1 Irrigation system 1 Maintenance and Plant Establishment 1 Junction Structure No. 4
1 Landscape planting 4,819 Commercial Driveway Approach 13,748 Remove and Dispose Existing AC Pavement Alley Gutter
4 Erosion Control Implementation 4 Erosion Control, Maintenance 1 Sign and Striping Plan 1 Trafic Control Plan 3 Construction Entrance Including Fine Grading, Rock, Shaker Bars, Maintenance Horizons - Constr Cost Worksheet Offsite Improvements .xls UNIT COSTS 3/01/2011
FORMAT 3/01/2008
UNIT
L.F. $ 50.00 $ 36,450.00
L.F. $ 130.00 $ 171,860.00
L.F. 100.00 0.00
EA. 5,500.00 11,000.00
L.F. 20.00 0.00
EA. 850.00 0.00
EA. 4" Gate Valve $ 650.00 $ 0.00
EA. 6" Gate Valve $ 800.00 $ 0.00
EA. 8" Gate Valve $ 850.00 $ 4,250.00
EA. $ 1,050.00 $ 0.00
EA. $ 1,250.00 $ 6,250.00
EA. Fire Hydrant (6") Super $ 2,500.00 $ 0.00
EA. Fire Hydrant (6") Standard $ 2,300.00 $ 4,600.00
EA. 4" Misc. Fittings $ 150.00 $ 0.00
EA. 6" Misc. Fittings $ 200.00 $ 0.00
EA. 8" Misc. Fittings $ 250.00 $ 750.00
EA. 10" Misc. Fittings $ 280.00 $ 0.00
EA. 12" Misc. Fittings $ 320.00 $ 2,560.00
EA. Blowoffs (4") $ 1,600.00 $ 1,600.00
EA. $ 1,100.00 $ 0.00
EA. $ 200.00 $ 0.00
EA. $ 1,000.00 $ 0.00
EA. $ 1,850.00 $ 1,850.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
A. $ 241,170.00
B. $ 48,234.00
C. $ 289,404.00
D. $ 57,880.80
E. $ 347,284.80
CITY OF WILDOMAR PUBLIC WORKS DEPARTMENT
IMPROVEMENT REQUIREMENT WORKSHEET
2 COST
OFFSITE WATER IMPROVEMENTS
UNIT AMOUNT
Remove Plug and Join
8" PVC Waterline729
1,322
ITEM
8 1
5 5
2 QUANTITY
Air and Vacuum Valve.
3 Water Total (A + B)
1 Adjust Water Valve to Grade
Relocation of Blowoff
12" DIP Waterline
8" DIP Waterline
Join Existing Waterline
16" Steel Casing
1" Water Service Connections
BOND AMOUNT FOR RECORDATION PRIOR TO
HAVING SIGNED PLAND
( ORD.460, SEC. 10.3E)
Subtotal
Administrative Contingency ( % x A)
20% x C
Water Total (C + D)
NOTE: Use 20% for TR and PM Use 5% for PP, CU, PU, MS and VL Cases
10" Gate Valve
12" Gate Valve
Horizons - Constr Cost Worksheet Offsite Improvements .xls UNIT COSTS 3/01/2011
FORMAT 3/01/2008
UNIT
L.F. $ 35.00 $ 21,210.00
L.F. $ 50.00 $ 61,400.00
EA. 500.00 0.00
L.F. 25.00 0.00
EA. $ 5,000.00 $ 40,000.00
EA. $ 4,000.00 $ 0.00
EA. Cleanouts $ 500.00 $ 0.00
EA. Sewer Y's $ 30.00 $ 0.00
EA. Chimneys $ 400.00 $ 0.00
EA. Adjust M.H. to grade $ 500.00 $ 0.00
L.F. $ 35.00 $ 0.00
L.F. $ 35.00 $ 0.00
EA. $ 500.00 $ 1,000.00
S.Y. $ 0.90 $ 1,018.80
S.F. $ 2.00 $ 20,370.00
LS $ 3,500.00 $ 3,500.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
$ $ 0.00
A. $ 148,498.80
B. $ 29,699.76
C. $ 178,198.56
D. $ 35,639.71
E. $ 213,838.27
QUANTITY ITEM
Grinding A.C. , in place
CITY OF WILDOMAR PUBLIC WORKS DEPARTMENT
IMPROVEMENT REQUIREMENT WORKSHEET
COST
OFFSITE SEWER IMPROVEMENTS
UNIT AMOUNT
12" PVC Sewer Main
8" PVC Sewer Main606
10,185
8 1,228
2 1
1,132
Concrete Encasement
Concrete Encasement
8" Temporary Cap
AC overlay (min. 0.10')
Remove Existing Plug and Join
4" Sewer Lateral
5' Standard Manhole
Drop Manhole
Administrative Contingency ( % x A)
NOTE: Use 20% for TR and PM Use 5% for PP, CU, PU, MS and VL Cases
Trafic Control Plan
Subtotal
Sewer Total (C + D)
BOND AMOUNT FOR RECORDATION PRIOR TO
HAVING SIGNED PLAND ( ORD.460, SEC. 10.3E)
20% x C
Sewer Total (A + B)
Horizons - Constr Cost Worksheet Offsite Improvements .xls UNIT COSTS 3/01/2011
FORMAT 3/01/2008
CITY OF WILDOMAR – CITY COUNCIL
Agenda Item #1.10
CONSENT CALENDAR
Meeting Date: March 9, 2022
______________________________________________________________________
TO: Mayor and City Council Members
FROM: Emily Stadnik, Land Development Manager
PREPARED: Ninette Eva, Associate Engineer
SUBJECT: Kaiser Permanente Medical Office Building - Precise Grading Agreement
STAFF REPORT
RECOMMENDATION:
Staff recommends that the City Council authorize the City Manager to execute the Precise Grading Agreement with Kaiser Foundation Health Plan, Inc.
BACKGROUND:
On November 11, 20 20, the City Council adopted Resolution No. 2020- 69 approving Tentative Parcel Map No. 37941 to subdivide the approximate 10.25-acre site into three (3) lots to accommodate the development of an 84,000 square foot medical office building and a 102-room hotel. On April 14, 2021, the City Council approved the final map for the tentative Parcel Map No. 37941. The parcel map consists of three separate parcels.
Parcel 1 is for the medical office building site, parcel 2 is for the hotel portion of the project, and parcel 3 is for a water quality basin. An aerial image of the project site is provided in Attachment A. The rough grading agreement and BMP agreement for the medical office building site were approved by city council on July 14, 2021. Kaiser Foundation Health Plan, Inc. is the developer of the medical office building. The precise grading plan for the Kaiser Permanente Medical Office Building is currently being processed with the City.
DISCUSSION:
Precise Grading Agreement
The Developer is processing precise grading plans for the project. In order to complete precise grading activities, the Developer is required to enter into a Precise Grading Agreement (Attachment B ) which identif ies the Developer’s obligations to the City in performing and completing the precise grading construction. The agreement also provides the City with bonds to secure the precise grading activities. If the Developer fails to fulfill their obligations, the bonds provide a mechanism for the City to ensure that the construction site is brought to a safe and acceptable condition. The bonds are based on the Developer’s engineer’s grading bond estimate and is included in Attachment B.
Staff is requesting that the City Council authorize the City Manager to execute the Precise Grading Agreement with Kaiser Foundation Health Plan, Inc.
FISCAL IMPACT:
There are no fiscal im pacts to the City at this time. All costs related to this process are covered by developer deposits.
Submitted by: Approved by:
Emily Stadnik Daniel A. York
Land Development Manager City Manager
ATTACHMENTS:
A. Aerial Image of Kaiser Medical Office Building, Parcel 1 of PM No. 37941 B. Precise Grading Agreement, Bond, and Grading Bond Estimate
Aerial Image of Parcel Map No. 37941
(highlighted in yellow)
ATTACHMENT A
RIV #4849-0958-0384 v2
AGREEMENT
FOR GRADING PROJECTS
This Agreement, made and entered into by and between the City of Wildomar, Riverside County, State of California, hereinafter called City, and Kaiser Foundation Health Plan, Inc., hereinafter called Landowner.
WITNESSETH
FIRST: Landowner, for and in consideration of the approval of a grading plan and the issuance of a grading permit on that certain land division known as Parcel 1 of Parcel Map No. 37941 - Kaiser Permanente Wildomar Medical Office Building (the “Property”) agrees, at Landowner's own cost and expense, to furnish all labor, equipment, and material necessary to perform and complete in a good and workmanlike manner, within 12 months from the date this agreement is executed, said grading and all work incidental thereto (the “Work”) in accordance with the grading plans for the development of the Property which have been approved by the City Engineer, and are on file in the Office of the City of Wildomar, Public Works/Engineering Department, and the standards set forth in Wildomar Municipal Code Chapter 15, as it may be amended from time to time, which are expressly made a part of this agreement. Landowner further agrees to comply with any and all laws, regulations and permits pertaining to water quality applicable to the Work, including but not limited to the Clean Water Act, the Porter-Cologne Water Quality Control Act, and all permits and regulations issued pursuant thereto. All of the above required work shall be done under the inspection of and to the satisfaction of the City Engineer and shall not be deemed complete until approval of the Work is made by the City Engineer. The estimated cost of said Work is the sum of Three Hundred Sixty-Four Thousand and No/100 Dollars ($364,000.00), which covers precise (fine) grading only.
SECOND: Landowner agrees to pay to the City the actual cost of such inspections of the Work as may be required by the City Engineer. Landowner further agrees that if suit is brought upon this agreement or any security guaranteeing the completion of the Work, all costs and reasonable expenses and fees incurred by the City in successfully enforcing such obligations shall be paid by Landowner, including reasonable attorney's fees, and that upon entry of judgment, such costs, expenses, and fees shall be taxed as costs and included in any judgment rendered.
THIRD: City shall not, nor shall any officer or employee of City, be liable or responsible for any accident, loss or damage happening or occurring to the Work specified in this agreement prior to the completion and approval hereof, nor shall City or any officer or employee thereof be liable for any persons or property injured by reason of the acts or omissions of Landowner, his agents or employees in the performance of the Work, and all of said liabilities are assumed by Landowner. Landowner agrees to protect, defend and hold harmless City and the officers and employees thereof from all loss, liability or claim because of, or arising out of the acts or omissions of Landowner, his agents and employees, in the performance of this Agreement. Separately, and not as a limitation on the foregoing duty to protect, defend, and indemnify City, Landowner agrees, as required by Section 13.12.090 of the Wildomar Municipal Code, to protect, defend and indemnify City, or any officer or employee thereof, in any administrative or judicial enforcement action by the State Water Board, Regional Water Quality Control Board, or any other federal, state or local agency, as well as in any action brought against the City by a non-governmental organization relating to one or more alleged violations of the NPDES permit or other federal, state or local water quality requirements by Landowner, his agents or employees, including but not limited to any and all costs, attorneys’ fees, fines or penalties.
FOURTH: The Landowner hereby grants to the City, and to any agent or employee of the City, the irrevocable permission to enter upon the Property for the purpose of inspecting or completing the Work. This permission shall terminate in the event that Landowner has completed the Work within the time specified or any extension thereof granted by the City Engineer.
FIFTH: Landowner agrees at all times, up to the completion and approval of the Work by the City Engineer, to give good and adequate warning to the traveling public of each and every dangerous condition caused by the Work, and to protect the traveling public from such defective or dangerous conditions.
RIV #4849-0958-0384 v2
SIXTH: The Landowner, or his agents and employees shall give notice to the City Engineer at least 48 hours before beginning the Work and shall furnish the City Engineer all reasonable facilities for obtaining full information respecting the progress and manner of the Work.
SEVENTH: If the Landowner, or his agents or employees, neglects, refuses, or fails to prosecute the Work with such diligence as to insure its completion within the specified time, or within such extensions of time as have been granted by the City Engineer, or if the Landowner violates, neglects, refuses, or fails to perform satisfactorily any of the provisions of the plans and specifications for the Work, the Landowner shall be in default of this agreement. The City Engineer shall have the power to terminate all rights of the Landowner because of such default. The determination of the City Engineer of the question as to whether any of the terms of this agreement or the plans and specifications for the Work have been violated or have not been performed satisfactorily shall be conclusive upon the Landowner, and any and all parties who may have any interest in the agreement or any portion thereof. The foregoing provisions of this section shall be in addition to all rights and remedies available to the City under law.
EIGHTH: The Landowner agrees to file with City prior to the date this agreement is executed a good and sufficient security as provided in subsections (1), (2) and (3) of subdivision (a) of Section 66499 of the Government Code in any amount not less than the estimated cost of the Work for the faithful performance of the terms and conditions of this agreement, except that when the estimated cost of said Work is $2,500 or less, the security shall be a deposit of cash or its equivalent as determined acceptable by the City Engineer. Landowner further agrees that if in the opinion of the City Engineer the security becomes insufficient, Landowner agrees to renew each and every security with good and sufficient sureties or increase the amount of the security, within ten days after being notified by the City Engineer that the sureties or amounts are insufficient.
Notwithstanding any other provision herein, if landowner fails to take such action as is necessary to comply with said notice, he shall be in default of this agreement unless the Work is completed within 90 days of the date on which the City Engineer notifies the Landowner of the insufficiency of the sureties or the amount of the bonds or both.
NINTH: It is further agreed by and between the parties hereto, including the surety or sureties on the bonds or the issuers of any instruments or letters or credit securing this agreement that, in the event it is deemed necessary to extend the time of completion of the Work, extensions of time may be granted from time to time by the City Engineer either at his own option or upon request of the Landowner, and such extensions shall in no way affect the validity of this agreement or release the surety or sureties on said bonds. Landowner further agrees to maintain the aforesaid bond or bonds or the issuance of any instruments or letters of credit in full force and effect during the terms of this agreement, including any extensions of time as may be granted thereon.
TENTH: When the Work described in the first paragraph of this agreement consists of only rough or precise grading, upon the satisfactory completion and final approval of said Work by the City Engineer, the entire amount of the security applicable thereto shall be released or returned by City to the Landowner.
ELEVENTH: This agreement shall be binding upon the Landowner and his heirs, executors, administrators, successors or assigns, all and each both jointly and severally.
TWELFTH: It is understood and agreed by the parties hereto that if any part, term or provision of this agreement is determined by the courts to be unlawful and void, the validity of the remaining portions shall not be affected and the rights and obligations of the parties shall be construed and enforced as if the agreement did not contain the particular part, term or provision held to be invalid.
THIRTEENTH: The City's City Manager may, but is not required to, make minor amendments not affecting substantive terms without further authorization from the City Council. The City Council hereby authorizes the City Manager to RIV #4849-0958-0384 v2
execute any such amendments as required by this Agreement or that do not otherwise reduce City's rights under this Agreement.
FOURTEENTH: Any notice or notices required or permitted to be given pursuant to this agreement shall be served on the other party by mail, postage prepaid, at the following addresses:
City Landowner
City of Wildomar Kaiser Foundation Health Plan, Inc.
Public Works/Engineering Department National Facility Services 23873 Clinton Keith Rd., Suite 201 393 E. Walnut Street Wildomar, CA 92595 Pasadena, CA 91188
(951) 677-7751 Phone Number: (323) 541-3653
(951) 698-1463
FIFTEENTH: Each of the signatories hereto represents and warrants that he or she is competent and authorized to enter into this Agreement on behalf of the Party for whom he or she purports to sign. Each Party hereto agrees to defend, indemnify, and hold harmless the other Parties hereto against all claims, suits, actions, and demands, including necessary expenses of investigation and reasonable attorneys' fees and costs, arising out of claims that its signatory was not competent or so authorized to sign this Agreement.
[SIGNATURES ON THE FOLLOWING PAGE]
RIV #4849-0958-0384 v2
IN WITNESS WHEREOF LANDOWNER HAS AFFIXED HIS NAME, ADDRESS AND SEAL.
Kaiser Foundation Health Plan, Inc.
By __________________________________
KP, VP, National Facility Services
Date ________________________________
By __________________________________
Date ________________________________
City of Wildomar
By __________________________________
__________________________________
Date _________________________________
Approved as to Form:
Thomas D. Jex, City Attorney
By: ____________________________
(SIGNATURES OF LANDOWNER(S) MUST BE ACKNOWLEDGED BY A NOTARY AND EXECUTED IN DUPLICATE, WITH THE NOTARY ACKNOWLEDGMENT ATTACHED HERETO. ALL SIGNATURES TO BE INCLUDED ON THIS DOCUMENT OR IDENTIFY THIS DOCUMENT WHEN INCLUDING A SIGNATURE PAGE.)
RIV #4835-2284-7769 v1
FAITHFUL PERFORMANCE BOND
CITY OF WILDOMAR, RIVERSIDE COUNTY, STATE OF CALIFORNIA (Precise Grading)
FOR:
Precise Grading
$ _364,000.00______________________________
Tract No. N/A
________________________________________
Premium
$ ________________________________________
Parcel 1 of Parcel Map No. 37941
________________________________________
Bond No.
________________________________________
Surety
________________________________________
Principal
_Kaiser Foundation Health Plan, Inc.___________
Address
________________________________________
Address
_393 E. Walnut Street______________________
City/State
________________________________________
City/State
_Pasadena, CA____________________________
Zip
________________________________________
Zip
_91188__________________________________
Phone
________________________________________
Phone
_ (323) 541-3653__________________________
WHEREAS, the City of Wildomar, Riverside County, State of California, and Kaiser Foundation Health Plan, Inc. (hereinafter designated as ("principal") have entered into, or are about to enter into, the attached agreement(s) whereby principal agrees to complete the above on-site grading relating to (Tract/Parcel Map) Parcel 1 as shown on Parcel Map 37941, which agreement(s) is/are hereby referred to and made a part hereof; and, WHEREAS, said principal is required under the terms of said agreement(s) to furnish bond(s) for the faithful performance of said agreement(s);
NOW, THEREFORE, we the principal and ________________________________________, as surety, are held and firmly bound unto the City of Wildomar in the penal sum of Three Hundred and Sixty-Four Thousand Dollars ($364,000.00) lawful money of the United States, for the payment of which sum will and truly be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally, firmly by these presents.
The condition of this obligation is such that if the above bonded principal, his or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and perform the covenants, conditions and provisions in the said agreement and any alteration thereof made as therein provided, on his or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless the City of Wildomar, its officers, agents and employees, as therein stipulated, then this obligation shall become null and void; otherwise, it shall remain in full force and effect.
RIV #4835-2284-7769 v1
As a part of the obligation secured hereby and in addition to the face amount specified therefore, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the agreement or to the work to be performed thereunder or the specifications accompanying the same shall in anywise affect its obligation on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition.
Surety further stipulates and agrees that the provisions of Section 2845 of the Civil Code and commencement of construction are not conditions precedent to surety's obligations hereunder and are hereby waived by surety. When the work covered by the agreement is complete as determined by the City of Wildomar, the City will release the obligation of this bond.
IN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety above named, on _______________________________.
NAME OF PRINCIPAL Kaiser Foundation Health Plan, Inc.
AUTHORIZED SIGNATURE(S):
By:
______________________________
______________________________
______________________________
______________________________
Title
______________________________
Title
______________________________
Title
(If Corporation, Affix Seal)
NAME OF SURETY: ________________________________________ AUTHORIZED SIGNATURE: ______________________________
Its Attorney-in-Fact
______________________________
Title
(If Corporation, Affix Seal)
Attach Notarial Acknowledgment Of Signatures Of Principal And Attorney-In-Fact.
City of Wildomar
Grading Bond Estimate Worksheet
Parcel Map/Tract Map No: 39941 Date: 10/21/2021
PP, CU, PU, MS OR VL No: PA 20 - 0028 City Project No:
Quantity Unit Unit Cost Amount
1 LS 43,645.00$ 43,645.00$
3 MO 16,000.00$ 48,000.00$
7 AC -$ -$
- CY -$ -$
- CY -$ -$
4,100 CY 2.22$ 9,102.00$
4,100 CY 13.45$ 55,145.00$
13,237 CY 1.74$ 23,032.38$
274,877 SF 0.51$ 139,912.39$
2,250 LF 1.40$ 3,150.00$
2,250 LF 1.50$ 3,375.00$
2 EA 2,000.00$ 4,000.00$
- AC -$ -$
57 EA 25.00$ 1,425.00$
33,078.68$
364,000.00$
Signature Date
Name (type or printed)
RCE No. Expiration Date
Civil Engineer's Stamp
Total
10% Contingency
Place Gravel Bags to Protect Catch Basin
Soil Binder
Install Stabilized Construction Entrance
Silt Fence
Place Gravel Bags 2 Course High
Import and Export Material
Mobilization
Item
Erosion Control
Rough Grading (By STRATA)
Demolition and Removal (By STRATA)
Contractor Mobilization
Import and Export Material
Mass Excavation
Clearing and Grubbing
Temporary Facilities and Utilities
Final Grading
Pad Over Excavation & Recompaction
Fine Grading & Compaction
Rough Grading (By Kaiser)
Mass Excavation
Insert Project Name - Insert Project No.
City of Wildomar
Grading Bond Estimate Worksheet
1. Quantities are to be taken from the Improvement Plans.
2. Show Performance Bond Amounts to the nearest $500.00.
3. For Construction items not covered by this worksheet, Design Engineer is to provide his opinion of construction cost and use that cost.
*** PLEASE READ INSTRUCTIONS BELOW ***
Insert Project Name - Insert Project No.
CITY OF WILDOMAR – CITY COUNCIL
Agenda Item # 1.11
CONSENT CALENDAR
Meeting Date: March 09, 2022
______________________________________________________________________
TO: Mayor and City Council Members
FROM: Daniel Torres, Community Services Director
SUBJECT: FY 2020-21 Measure Z Oversight Advisory Committee Annual Report
STAFF REPORT
RECOMMENDATION:
Staff recommends that the City Council receive and file the Measure Z Oversight Advisory Committee’s FY 2020-21 Annual Report.
BACKGROUND/DISCUSSION:
In accordance with the reporting requirements of Measure Z, the committee and staff have prepared the Measure Z Annual Report. Committee members individually submitted their reviews and staff reported on maintenance, events and finances for FY 2020-21. A public meeting was held on February 24, 2022 to discuss any additional comments and adjustments to the report.
FISCAL IMPACT:
None.
Submitted by: Approved by:
Daniel Torres Dan York
Community Services Director City Manager
ATTACHMENTS:
FY 2020-21 Measure Z Oversight Advisory Committee Annual Report
City of Wildomar
FY 2020-21
Dustin Nigg, Mayor
Ben J. Benoit, Mayor Pro Tem
Bridgette Moore, Council Member
Joseph Morabito, Council Member
Marsha Swanson, Council Member
Gary Nordquist Thomas D. Jex
City Manager City Attorney
Measure Z Oversight and Advisory Committee
Steve Regalado, Chair
Nolan King, Committee Member
Shelia Urlaub, Committee Member
Shelley Hitchcock, Committee Member
Timothy Underdown, Committee Member
Community Services and Parks Operations Staff
Daniel Torres, Community Services Director
Christy Bowen, Grounds Worker II
Travis Solorio, Grounds Worker II
Cameron Luna, Community Services Intern II
Janet Morales, City Clerk
TABLE OF CONTENTS
Introduction...................................................................................................................
Wildomar Parks Description…......................................................................................
Maintenance and Operations Report ……………………………………………………… Measure Z Funded Parks Special Events ..……………………………………………….
Measure Z Oversight and Advisory Committee Comments Summary..........................
Measure Z Oversight and Advisory Committee Comments ……………………………..
Financial Information..................................................................................................... 1 3
5 14
16 21
87 INTRODUCTION
The purpose of this report is to provide the City Council of the City of Wildomar with the amount of funds collected and expended, the status of the community parks and community park facilities, programs and services funded by the tax proceeds raised by Measure Z, including the costs of staff, utilit ies, materials, contract services and other items related to the repair and maintenance of community parks and community park facilities.
Specifically as stated in Ordinance 71 and Municipal Code section 3.18:
3.18.020 Purpose.
The tax authorized by this chapter is solely for the purpose of raising revenue to pay for the availability of and the funding, repair, operating and maintenance of community parks and community park related facilities, programs and services within the City of Wildomar.
The tax is not imposed as an ad valorem tax on real property, nor a transaction tax or sales tax on the sale of real property. The proceeds of the tax will be deposited in a special fund and shall be restricted for the purposes stated above. As such, the tax is a special tax. (Ord. 71 § 1, 2012)1
3.18.030 Use of proceeds.
Tax proceeds raised pursuant to this chapter may only be used for Wildomar community park purposes as specified in Section 3.18.020, including, but not limited to, maintaining clean public restrooms, maintaining safe playground equipment, restoring safety lighting, removing graffiti, maintaining sports fields, and maintaining landscaping and public structures situated in Wildomar community parks. Tax proceeds raised pursuant to this chapter may also be used for audit reports as set forth in this chapter. (Ord. 71 § 1, 2012)
3.18.040 Annual report.
An annual report shall be prepared and filed with the City Council of the City as provided in Sections 50075.1 and 50075.3 of the California Government Code , and shall contain:
(A) the amount of funds collected and expended; and (B) the status of the community park and community park facilities, programs and services funded by the tax proceeds raised pursuant to this chapter, including the costs of staff, utilities, materials, contract services and other items related to the repair and maintenance of community parks and community park facilities. (Ord. 71 § 1, 2012)
3.18.050 Annual audit. The Director of Finance shall cause the City’s independent auditor to perform an annual audit of the expenditure of the proceeds of the tax imposed by this chapter. (Ord. 71 § 1, 2012)
1 On November 6, 2012, Wildomar residents voted and approved a $28 annual parcel tax (Measure Z) to assist in the funding of park operations and related park activities. By Statute, the passage of Measure Z triggered a number of tasks, one of which was establishing the Parks Funding Measure Z Citizen’s Oversight Advisory Committee. At the completion of the Fiscal Year 2020-21, the committee members were:
Steve Regalado, Chair
Nolan King, Committee Member
Shelia Urlaub, Committee Member
Shelley Hitchcock, Committee Member
Timothy Underdown, Committee Member
Committee Meetings for FY 2020-21, were held:
x August 27, 2020
x December 01, 2020
x February 25, 2021
x May 27, 2021
This report includes a description of each of the four City of Wildomar parks, a report stating the Maintenance and Operations performed during the year, a recap of the Measure Z Funded Special Event, an inspection of the parks conditions and operations by each of the committee members and the Wildomar Measure Z Park Fund Financial Statements for the Year Ended June 30, 2021 as provided by the independent audit firm of Teaman, Ramirez & Smith, Inc.
2 DESCRIPTION OF WILDOMAR PARKS
MARNA O'BRIEN PARK
20505 Palomar Street
The largest of the city parks with a total of 9 acres and is often the site of many of the City’s special events. The park facilit ies consist of three baseball fields with spectator and player benches, two full bas ketball court, and two large multi-use soccer fields along with sports field lighting, a tot-lot for ages 2-5 yrs., a Little Free Library, three picnic shelters, a concrete walking trail, parking lot and permanent restrooms and a concession stand which is used for special events.
REGENCY HERITAGE PARK
20171 Autumn Oaks Place
This neighborhood park for the residents of Wildomar includes a tot-lot play area for ages 5-12 yrs., two basketball half courts, picnic shelters, park benches and a dog park. The park is designed with a direct access so that its facilities can be shared with neighborhood school.
WINDSONG PARK
35459 Prairie Road
This neighborhood park is in the Windsong area of Wildomar. The park includes tot-lot for ages 2-5 yrs., basketball court, a Little Free Library, concrete walkway around the perimeter of the park, picnic tables and picnic shelters.
MALAGA PARK
32038 Mission Trail
The newest of the city parks and it serves as a gateway to the City of Wildomar when traveling from the City of Lake Elsinore. The park amenities include a perimeter walkway, wooden shade arbors, a decorative rock feature near the Welcome to Wildomar/Malaga Park Monument, a Little Free Library, and has a beautiful view of the Cleveland National Forest Mountains .
3 4
MAINTENANCE AND OPERATIONS SUMMARY
The dail
y upkeep of the four city parks is performed by contracted landscape, janitorial, and security services. These services are vital to the overall appearance and maintenance of each park locations assets. City Staff performs a daily walk thru to confirm that the parks are at an adequate service level for use.
During F
Y20-21 the following contractors provided routine services:
• Inland Empire Landscape
• Commercial Building Management
• MPS Security
Throughout
the year larger maintenance items and projects are conducted to provide the most utility from each park location. The following pages highlight these items as well as reporting the water usage for each park.
During F
Y20-21 the below contractor provided additional services:
• Asap Services
• Corona Clay
• Daniel Pest Control
• DeAnza Termite
• Fence Masters
• Honor Plumbing
• J.J.’s Plumbing
• NPPW Services
• Ochoa’s Backflow Systems
• Pest Options
• Rightway
• SoCal Mulch Inc
• Sunbelt Rentals
• Wright Construction, Engineering Corp.
The parks had experienced an increase in maintenance costs, such as janitorial and power washing, due to the COVID-19 Pandemic. These costs have not been placed in the Measure Z fund, but rather in another fund for which the City is utilizing to track the Pandemic costs and is seeking reimbursement from federal and state sources. 5 MARNA O’BRIEN
The regular landscape services that were performed at Marna O’Brien during this period includes weekly mowing during the warm season, leaf and debris removal during the fall season quarterly turf fertilization, shrub trimming, irrigation oversight, and upkeep of the parking lot and curbing. The landscape contractor also provided additional services to this location which include the installation of color mulch to the gardens surrounding the basketball courts and parking lot.
The janitorial contractor provided twice a day services to this location that include, but not limited to cleaning restroom facility, removal and rep lacing of trash can liners,
remove any debris within park, and clearing of walkways. The contractor provided the additional services of steam and hot water cleaning of grout to men’s restroom. The restroom at Marna O’Brien Park has additional service that included replacement of flush valves, repair to men’s stall until completed by J. J’s and Honor Plumbing and the removal of graffiti performed by NPPW Services.
The playground received 67 cubic yards of certified surface wood fibers from SoCal Mulch; they used the blower device attached to their trucks to evenly distribute the material within the area. Maintenance to the baseball fields were completed in coordination with the delivery of infield mix provided by Corona Clay and distributed by Asap Services.
Additional projects completed during this period include gopher services provided by Pest Options and the installation of the new basketball backboards, hoops and nets with equipment rented from Sunbelt rentals. These items were originally removed in March of fiscal year 19-20.
6 WATER USAGE
*Rates during FY20-21
Landscape Irrigation Rate Commercial Water Rate
July 2020 April 2021
Tier 1 $3.06 $3.18
Tier 2 $5.90 $6.12
Tier 3 $8.27 $8.58
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
FISCAL YEAR Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun FY 17‐18 1,561.00 1,595.00 1,027.00 1,010.00 419.0 0 13.00 181.00 273.00 437.00 727.00 1,043.00 1,277.00 FY 18‐19 1,574.0 0 1,464.00 1,253.00 344.00 280.0 0 7.00 5.00 5.00 311.00 736.00 594.00 1,063.00 FY 19‐20 1,892.00 1,481.00 1,097.00 626.00 224.0 0 4.00 20.00 53.00 13.00 314.00 994.00 947.00 FY 20‐21 1,122.0 0 1,266.00 1,279.00 521.00 161.0 0 450.00 10.00 268.00 389.00 699.00 891.00 1,215.00
CENTUM CUBIC FEET (CCF) USED - MARNA O'BRIEN PARK
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
FY 17-18 FY 18-19 FY 19-20 FY 20-21
July 2020 April 2021
Tier 1 $3.02 $3.13
7 REGENCY HERITAGE
The landscape contracted provide weekly services to this location that include ground cover maintenance, shrub trimmi
ng, cleaning to swale way and Trailwood Court
drainage channel. The landscape contractor provided additional service in the replacement of the master irrigation valve.
The janitorial contractor conducts a daily service that includes removal and replacing trash can liners, debris removal throughout the park, and confirming gate access during and after rain events.
The dog parks DG surface were repaired after rain events by Asap Services. The contractor would level and compact any ruts created by the weather in both large and small dog park gated locations. The section of fencing along the small dog park was repaired by Fence Masters.
City staff used equipment rented from Sunbelt rentals to move boulders along swale way to a more desirable location and to install the new basketball backboards, hoops and nets.
NPPW Services was used to remove any graffiti throughout the park. 8 WATER USAGE
*Rates during FY 20-21
Landscape Irrigation Rate
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
FISCAL YEAR Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun FY 17‐18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.00 45.00 73.00 46.00 FY 18‐19 34.00 132.00 52.00 0.00 0.00 0.00 0.00 0.00 1.00 1.00 0.00 1.00 FY 19‐20 0.00 0.00 7.00 0.00 0.00 0.00 0.00 0.00 1.00 0.00 0.00 0.00 FY 20‐21 0.00 0.00 0.0 0 0.00 0.00 0.00 1.00 0.00 0.00 0.00 0.00 0.00
CENTUM CUBIC FEET (CCF) USED - REGENCY HERITAGE PARK
20 40
60 80
100
120
140
FY 17-18 FY 18-19 FY 19-20 FY 20-21
July 2020 April 2021
Tier 1 $3.06 $3.18
Tier 2 $5.90 $6.12
Tier 3 $8.27 $8.58
9 WINDSONG
The landscape contractor performed weekly services that include the mowing during warm seasons, leaf and debris removal during the fall season quarterly turf fertilization, shrub trimming, and irrigation oversight. An additional service by the contractor was to provide and install mulch to the gardens located on Prairie Road.
The janitorial contractor performed daily services to Windsong Park that includes the removal and replacement of trash can liners, clearing of all debris within park, and clearing of walkway. Windsong Park’s portable restroom and handwashing station provided through Rightway was services weekly.
The playground received 41 cubic yards of certified surface wood fibers from SoCal Mulch. The material was blown in with the blower device attached to their trucks and evenly distribute within the area.
Additional services within the park include gopher and pest services provide by Pest Options and Daniel Pest Control. Any graffiti within this location was removed by NPPW Services. Lastly, the installation of the new basketball backboards, hoops and nets was completed with equipment rented from Sunbelt rentals.
10 WATER USAGE
*Rates during FY 20-21
Recycled Irrigation Rate
Tier 1 $2.44
Tier 2 $4.22
Tier 3 $5.40
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
FISCAL YEAR Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun FY 17‐18 412.00 309.00 270.0 0 136.00 64.00 49.00 52.00 104.0 0 185.00 187.00 192.00 421.00 FY 18‐19 420.00 297.00 295.0 0 126.00 31.00 0.00 0.00 24.00 133.00 168.00 233.00 288.00 FY 19‐20 357.00 382.00 189.0 0 179.00 48.00 2.00 5.00 3.00 0.00 192.00 302.00 310.00 FY 20‐21 292.00 293.00 214.0 0 65.00 19.00 48.00 2.00 83.00 84.00 220.0 0 222.00 270.00
CENTUM CUBIC FEET (CCF) USED - WINDSONG PARK
50 100
150
200
250
300
350
400
450
FY 17-18 FY 18-19 FY 19-20 FY 20-21
11 MALAGA “GATEWAY” PARK
The landscape contractor performed weekly services the include shrub trimming, DG walkway maintenance, and irrigation oversight. Additionally, the contractor provided plant and mulch replenishment throughout this site.
The janitorial contractor provides daily services that include removal and replacement of trash can liners, debris removal throughout the site, and DG walkway upkeep.
The shade arbor repair was performed by Wright Construction, Engineering Inc; they replaced a single missing 4” X 8” X 13’ wooden lattice for the existing shade arbor closest to Malaga Road.
Lastly, Sign By Tomorrow provide repair to the WELCOME TO WILDOMAR sign located on the northeast corner of the park.
12 WATER USAGE
*Rates during FY 20-21
Landscape Irrigation Rate
July 2020 April 2021
Tier 1 $3.06 $3.18
Tier 2 $5.90 $6.12
Tier 3 $8.27 $8.58
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
FISCAL YEAR Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun FY 18‐19 0.00 0.00 0.00 0.00 5.00 0.00 0.00 0.00 6.00 10.00 7.00 12.00 FY 19‐20 67.00 60.00 14.00 72.00 51.00 0.00 47.00 69.00 2.00 5.00 10.00 32.00 FY 20‐21 20.00 26.00 44.00 47.00 0.00 0.00 0.00 19.00 3.00 28.00 27.00 17.00
CENTUM CUBIC FEET (CCF) USED - MALAGA PARK
10 20
30 40
50 60
70 80
FY 18-19 FY 19-20 FY 20-21
13 MEASURE Z FUNDED SPECIAL EVENTS
The Special Events were approved by City Council for calendar years of 2020 and 2021 and budgeted during the city’s biennial request in June. The Special Events to be held during fiscal year 20-21 are as follows:
2020
CITY OF WILDOMAR BIRTHDAY CELEBRATION
Saturday, July 11th 6pm – 10pm
Marna O’Brien Park
MOVIE IN THE PARK
Saturday, July 25th 7pm
Marna O’Brien Park
ASTRONOMY NIGHT
Saturday, August 22nd 7pm – 9pm
Marna O’Brien Park
MARIACHI NIGHT
Saturday, September 12th 6pm – 10pm
Marna O’Brien Park
TRUNK OR TREAT
Saturday, October 24th 5pm – 8pm
Marna O’Brien Park
2021
EGGSTRAVAGANZA EGG HUNT
Saturday, April 3rd 9am – 11am
Marna O’Brien Park
TEEN EGG HUNT
Saturday, April 3rd 8pm – 9:30pm
Marna O’Brien Park
14 ASTRONOMY NIGHT
Saturday April (TBD)
Marna O’Brien Park
HEALTH FAIR / ALS RUN
Saturday, May 1st 7am -11am
Marna O’Brien Park
MOVIE IN THE PARK
Saturday, June 5th 7pm – 10pm
Windsong Park
PICNIC IN THE PARK
Saturday June (TBD)
Marna O’Brien Park
CAMPOUT IN THE PARK
Saturday, June 26th –2 7th 4pm – 10am
Marna O’Brien Park
The special events calendar for the year 2020 was developed for approval during the October 9, 2019, City Council meeting. The special events calendar for the year 2021 was developed for approval during the December 9, 2020, City Council meeting with the anticipation that regulations would be lifted.
Due to the COVID-19 pandemic and in adherence to State and County regulations, the majority of the 2020 and 2021 event had to be cancelled. Those that were restructured to meet regulations were not charged to Measure Z. The events within the 2020 calendar that were restructured were Astronomy Night and Trunk or Treat. The event that was restructured for the 2021 year was Eggstravaganza. 15 MEASURE Z'S OVERSIGHT AND ADVISORY
COMMITTEE MEMBER COMMENTS
Consistent with the requirements of City of Wildomar Municipal Code 3.18.040 – Annual Report, the following are comments from the Committee (presiding at 6-30-2021) regarding “…(a) the amount of funds collected and expended, and (b) the status of the community park and community park facilities, programs and services funded by the tax proceeds raised pursuant to this chapter, incl uding the costs of staff, utilities, materials, contract services and other items related to the repair and maintenance of community parks and community park facilities.”
The first installment of this section is a summary of the combined Advisory Committee Member comments for each park location. The later pages are comments from the following committee members:
ATTACHMENT A - Steve Regalado
ATTACHMENT B - Nolan King
16 Rating
Correction
Priority Rating
Correction
Priority Rating
Correction
Priority Rating
Correction
Priority Rating
Correction
Priority
1 Landscape Detail
1.1 Turf Maintenance A3 A A
1.2 Shrub Gardens AAA
1.3 Trees AAE
1.4 Baseball Diamonds/
Dugouts/Bleachers AAE
2 Structural Detail
2.1 Building Appearance A A A
2.2 Restrooms A A A
2.3 Snack Bar Area E A
2.4 Gazebos E A A
2.5 Playground E A A
2.6 Water Tower E A A
2.7 Fencing A A E
3 Park Assets
3.1 Basketball Courts A E A
3.2 Exercise Equipment E A A
3.3 Parking Lot A A A
3.4 Light Poles A A A
3.5 Picnic Tables and Benches A A A
3.6 Drinking Fountains A A A
3.7 Trash Cans A A E
3.8 Dog Bag Dispenser A A E
3.9 Little Free Library A A A
*Rating
*Correction Priority
City of Wildomar
Measure Z - Parks Annual Inspection
FY 20-21 Summary
Marna O'Brien Park
SHELLY TIMOTHY
E - Excellent A- Average BA - Below Average P - Poor 1 - High 4 - Low
STEVE NOLAN SHEILA
REGALADO KING URLAUB HITCHCOCK UNDERDOWN
17 Rating
Correction
Priority Rating
Correction
Priority Rating
Correction
Priority Rating
Correction
Priority Rating
Correction
Priority
1 Landscape Detail
1.1 Turf Maintenance A A A
1.2 Shrub Gardens E A E
1.3 Trees E A E
1.4 Creek Garden A A A
2 Structural Detail
2.1 Gazebos A E
2.2 Playground E A E
2.3 Trash Cans A A E
2.4 Fencing A A E
3 Park Assets
3.1 Basketball Courts A 3 A E
3.2 Light Poles A A A
3.3 Picnic Tables and Benches A A E
3.4 Dog Bag Dispenser A A A
3.5 Rocks A A E
3.6 Little Free Library A A E
*Rating
*Correction Priority
City of Wildomar
Measure Z - Parks Annual Inspection
FY 20-21 Summary
Windsong Park
SHELLY TIMOTHY
E - Excellent A- Average BA - Below Average P - Poor 1 - High 4 - Low
STEVE NOLAN SHEILA
REGALADO KING URLAUB HITCHCOCK UNDERDOWN
18 Rating
Correction
Priority Rating
Correction
Priority Rating
Correction
Priority Rating
Correction
Priority Rating
Correction
Priority
1 Landscape Detail
1.1 Groundcover Maintenance A A
1.2 Shrub Gardens A A A
1.3 Trees A A A
1.4 Swale A B B 2
2 Structural Detail
2.1 Gazebos A A A
2.2 Shade Structure A A A
2.3 Playground E A A
2.4 Dog Park E A E
2.5 Fencing A A E
3 Park Assets
3.1 Basketball Courts E A A
3.2 Picnic Tables and Benches A A A
3.3 Trash Cans A A A
3.4 Dog Bag Dispenser A A A
*Rating
*Correction Priority
City of Wildomar
Measure Z - Parks Annual Inspection
FY 20-21 Summary
Heritage Regency Park
SHELLY TIMOTHY
E - Excellent A- Average BA - Below Average P - Poor 1 - High 4 - Low
STEVE NOLAN SHEILA
REGALADO KING URLAUB HITCHCOCK UNDERDOWN
19 Rating
Correction
Priority Rating
Correction
Priority Rating
Correction
Priority Rating
Correction
Priority Rating
Correction
Priority
1 Landscape Detail
1.1 Groundcover and Tree
Maintenance AAA
1.2 Shrub Gardens A A A
1.3 DG Walkway E E E
2 Structural Detail
2.1 Shade Structures A A A
2.2 Signage E E E
2.3 Fencing E A E
3 Park Assets
3.1 Benches and Trash Cans A A E
3.2 Little Free Library A A A
*Rating
*Correction Priority
TIMOTHY
E - Excellent A- Average BA - Below Average P - Poor
REGALADO KING
City of Wildomar
Measure Z - Parks Annual Inspection
FY 20-21 Summary
Malaga Park
UNDERDOWN
1 - High 4 - Low
STEVE NOLAN SHEILA SHELLY
URLAUB HITCHCOCK
20 ATTACHMENT A
Measure Z Oversight Advisory Committee
July 2020 - June 2021
Wildomar parks annual inspections
conducted by the presiding committee members:
Steve Regalado
21 22
23 24
25 26
27 28
29 30
31 32
33 34
35 36
37 38
39 40
41 42
ATTACHMENT B
Measure Z Oversight Advisory Committee
July 2020 - June 2021
Wildomar parks annual inspections
conducted by the presiding committee members:
Nolan King
43
City of Wildomar
Measure Z Oversight Advisory Committee
Wildomar Parks
Annual Inspection Guide
2020 / 2021
Steve Regalado, Chair
Shelley Hitchcock, Vice Chair
Nolan King, Committee Member
Timothy Underdown, Committee Member
Sheila Urlaub, Committee Member
44 Measure Z Oversight Advisory Committee
Annual Inspection Guide 1
Marna O’Brien Park
20505 Palomar Street
Wildomar, CA. 92595
1.0 LANDSCAPE DETAIL
The landscape detail consists of areas that are covered by turf, trees, shrubs, and bark. This detail also includes the baseball diamonds and dugouts. Majority of these locations are maintained by the parks landscape contractor.
1.1 Turf Maintenance
“Field” turf used by baseball, football, and soccer leagues. “Park” turf found alongside the Gazebos and Tot lots.
Comments:
_______________________________________________
_____________________________________________________
_____________________________________________________
1.2 Shrub Gardens
The shrub gardens are located throughout perimeter of the park and parking lot.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
Low High
If not at satisfactory standard, 4321
Please rate the Level of Priority ർർർർ
x
All turf is winter dormant. Some bare patches and clover invasion in Park turf. x
Majority of shrubbery is healthy and well maintained. Some thin/bare/missing along perimeter. some dog poo througout.
45 Measure Z Oversight Advisory Committee
Annual Inspection Guide 2
1.3 Trees
This section pertains to the overall health and appearance of the trees on this park site.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
1.4 Baseball Diamonds / Dugouts / Bleachers
There are 3-Baseball Diamonds; each with 2-Dugout and spectator bleachers.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
2.0 STRUCTURAL DETAIL
The structural detail pertains to the building located in the center of the park. The building contains two restrooms, a snack bar, and picnic benches. Also included in this detail are 3- Gazebos, Playground and Water Tower.
2.1 Building Appearance
This pertains to the overall appearance of the building such as paint, doors, benches, stainless roll-up doors, vents, and rain gutters.
Comments:
_______________________________________________
_____________________________________________________
x
Most trees are dormant. Appear healthy and well maintained. x
Overall good condition. Some damage to fould ball netting above south wall.
One rogue tree is growing near the southwest wall.
x
Building in good condition. very little rust or wear. no graffiti observed. 46 Measure Z Oversight Advisory Committee
Annual Inspection Guide 3
2.2 Restrooms
Men’s: 2-stalls and 1- urinal with 2-sinks
Women’s: 3-stalls with 2-sinks
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
2.3 Snack Bar Area
This area contains 2-roll up doors with counter tops and 4-Picnic Tables / Benches.
Comments:_______________________________________________ _____________________________________________________
2.4 Gazebos
There are 3-Gazebos at this location; each with 2-Picnic Tables w/ Benches, BBQ’s, and Trash Can.
Comments:
_______________________________________________
_____________________________________________________
_____________________________________________________
x
Mens: Fair condition overall. acceptable.
Womens: Partner reports good condition overall, clean.
x
x
good condition with little wear or weathering. stickers and tape from decoration, no graffitti. 47 Measure Z Oversight Advisory Committee
Annual Inspection Guide 4
2.5 Playground
The Playground is for the age group of 2-5 years old.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
2.6 Water Tower
The Water Tower is in the center of the parking lot in front of the building structure. .
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
2.7 Fencing
This consists of the vinyl fencing located along Palomar Street.
Comments:
_______________________________________________
_____________________________________________________
x
undamaged. clean, bark surface in good condition.
x
acceptable. no water.
x
overall good condition. no gaps or breaks.
48 Measure Z Oversight Advisory Committee
Annual Inspection Guide 5
3.0 PARK ASSETS
This category consists of park play equipment, water fountains, benches and trash containers.
Most of these items are serviced by the janitorial contractor.
3.1 Basketball Courts
This park contains 2-courts with 4-hoops on a Plexi-pave surface.
Comments:
_______________________________________________
_____________________________________________________
_____________________________________________________
3.2 Exercise Equipment
This location has 3-exercise devices around the Park Turf area.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
3.3 Parking Lot
The parking lot has two entrances from Palomar and may hold up to 149 vehicles.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
x
court surface very good. backboards and nets appear new. x
some paint wear. undamaged, solid.
x
no deficiencies observed.
49 Measure Z Oversight Advisory Committee
Annual Inspection Guide 6
3.4 Light Poles
The 71 light poles vary from 14 -20 feet tall with a plastic base cover. The poles are located throughout the park.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
3.5 Picnic Tables and Benches
The Picnic Table are in the Gazebos, Snack Bar, and Park Turf.
The Bench are located around the Basketball Court, and Playground.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
3.6 Drinking Fountains
The drinking fountains are located by the Snack Bar and Basketball Courts.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
x
one pole at south end missing plastic base cap.
x
overall very good. some rust on uncovered bench/table near north field x
short people fountain low volume/pressure. Tall person's fountain sprays very high and wild. Bottle filler is just right.
50 Measure Z Oversight Advisory Committee
Annual Inspection Guide 7
3.7 Trash Cans
The Trash Cans are located at the Gazebos, Playground, Snack Bar, Basketball Court and Field Turf walkway.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
3.8 Dog Bag Dispenser
There are 3 – Dispensers in this park which are located around the Field Turf walkway.
Comments:_______________________________________________ _____________________________________________________
3.9 Little Free Library
The little free library is located between the parking lot and basketball courts.
Comments:_______________________________________________ _____________________________________________________
x
very good
x
good condition. bags present
x
some weathering. very little subversive literature.
51 Measure Z Oversight Advisory Committee
Annual Inspection Guide 8
Windsong Park
35459 Prairie Road
Wildomar, CA. 92595
1.0 LANDSCAPE DETAIL
The landscape detail consists of areas that are covered by turf, trees, shrubs, and bark. This detail also includes the creek behind the chain link fence on the west side of the park. These areas are maintained by the parks landscape contractor.
1.1 Turf Maintenance
The turf at this park site is irrigated with reclaimed / recycled water from EVMWD.
Comments:
_______________________________________________
_____________________________________________________
_____________________________________________________
1.2 Shrub Gardens
The Shrub Gardens are located on the perimeter of this park site.
Comments:
_______________________________________________
_____________________________________________________
_____________________________________________________
x
All turf is winter dormant. few bare pathces. no broken sprinklers or mud spots. x
Shrubbery is healthy and well maintained.
52 Measure Z Oversight Advisory Committee
Annual Inspection Guide 9
1.3 Trees
This section pertains to the overall health and appearance of the tree on this park site.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
1.4 Creek Garden
This area is not accessible to the public. It is sectioned off by 450 linear feet of fencing.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
2.0 STRUCTURAL DETAIL
This detail is based on the structures that are on this park location which consists of the Playground and 3-Gazebos.
2.1 Gazebos
There are 3-Gazebos at this location, Picnic Tables, BBQ’s, and Trash Can. The Gazebo closest to the creek has 2-BBQ grills but does not contain any Picnic Tables to reduce vandalism and after hours usage.
Comments:
_______________________________________________
_____________________________________________________
_____________________________________________________
x
Most trees are dormant. Appear healthy and well maintained. x
Some litter and excess brush.
Gazebos, BBQs, and tables in good condition.
53 Measure Z Oversight Advisory Committee
Annual Inspection Guide 10
2.2 Playground
The playground is for the age group of 2-5 years old.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
2.3 Trash Cans
The Trash Cans are in each of the Gazebos.
Comments:_______________________________________________ _____________________________________________________
2.4 Fencing
This Park location is sectioned off by chain link fencing. This detail consists of 450 linear feet that separate the west side creek, and 41 linear feet at the south entry.
Comments:_______________________________________________ _____________________________________________________
x
Playground equipment appears in good condition and is undamaged. Shade is adequate. x
x
Clear signage, fence in good condition. gate is secure.
There are two palms growing between the chain link and wood fence at southwest end. 54 Measure Z Oversight Advisory Committee
Annual Inspection Guide 11
3.0 PARK ASSETS
This category consists of park play equipment, benches, tables, and landscape features. Most of these items are serviced by the janitorial contractor.
3.1 Basketball Court
This park contains 1-court with 2-hoops on a Plexi-pave surface.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
3.2 Light Poles
The 3-light poles on this location are 14ft tall and require a plastic base cover. The poles are found on the west side along the fence line.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
3.3 Picnic Tables and Benches
The Picnic Table are in the Gazebos.
The Bench are located at the North Entry, and South of Playground.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
x
court surface very good. backboards and nets appear new. x
no deficiencies.
Some tree damage to paved surface near playground. Graffiti on concrete. x
55 Measure Z Oversight Advisory Committee
Annual Inspection Guide 12
3.4 Dog Bag Dispenser
There are 2 – Dispensers in this that are located at each entrance.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
3.5 Rocks
Surrounding the east side (Prairie Road) of this park location. There are 38 rocks that act as décor and safety barrier.
Comments:_______________________________________________ _____________________________________________________
3.6 Little Free Library
The little free library is located under the sycamore tree north of the playground.
Comments:_______________________________________________ _____________________________________________________
x
bags present. no poop.
x
rocky.
x
weathered. few books.
56 Measure Z Oversight Advisory Committee
Annual Inspection Guide 13
Heritage Regency Park
20171 Autumn Oak Place
Wildomar, CA. 92595
1.0 LANDSCAPE DETAIL
The landscape detail consists of areas that are covered by groundcover, trees, shrubs, and the swale that runs along the entire park. These areas are maintained by the parks landscape contractor.
1.1 Groundcover Maintenance
This pertains to the 30,248 sq. ft. of vegetation that acts as groundcover. The reasoning behind the vegetation growth is to prevent dirt from washing into the swale during rain or rain runoff.
Comments:
_______________________________________________
_____________________________________________________
_____________________________________________________
1.2 Shrub Gardens
The shrubs area consists of hillside that is located around the northern walls and southern wall from the Dog Park.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
x
Shrubbery is healthy and well maintained. Some dead/missing near center tree planter.
Alternative groundcover in good condition. few bare spots.
57 Measure Z Oversight Advisory Committee
Annual Inspection Guide 14
1.3 Trees
This pertains to the over health and appearance of the trees located on this park site.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
1.4 Swale
This area pertains to the drain that runs along the 950 linear feet of park.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
2.0 STRUCTURAL DETAIL
This detail is based on the structures on this site that consist of the Playground, Gazebos and Shade Structure.
2.1 Gazebos
There are 2-Gazebos at this location; each with 3-Picnic Tables and Trash Can.
Comments:
_______________________________________________
_____________________________________________________
_____________________________________________________
x
Most trees are dormant. Appear healthy and well maintained. x
x
some erosion in the swale at south end and next to the main entrance bridge including exposed pipe.
x
58 Measure Z Oversight Advisory Committee
Annual Inspection Guide 15
2.2 Shade Structure
The shade structure is in the center of the park with 3-Picnic Tables.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
2.3 Playground
The Playground is labeled for the age group of 5 -12 years old.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
2.4 Dog Park
This area pertains to the 12,177sqft. of DG that is split into two separate sections:
Large Dogs and Small Dogs.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
_____________________________________________________
x
good condition
x
Playground equipment appears in good condition and is undamaged. x
Clean. good condition.
59 Measure Z Oversight Advisory Committee
Annual Inspection Guide 16
2.5 Fencing
Most of this park is enclosed by chain link fencing. The Dog Park sectionals are also enclosed by black vinyl coated fencing.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
_____________________________________________________
3.0 PARK ASSETS
This category consists of park assets that require maintenance or servicing
3.1 Basketball Court
This park contains 2-half courts with 2-hoops on a concrete surface.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
3.2 Picnic Tables and Benches
The Picnic Tables are in Gazebos, and Shade Structure
The Benches are located around the Playground, East Walkway, Large Dog Park, Small Dog Park
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
x
undamaged.
x
Some burn damage on tables.
x
court surface very good. backboards and nets appear new. 60 Measure Z Oversight Advisory Committee
Annual Inspection Guide 17
3.3 Trash Cans
The Trash Cans are in the Gazebos, Shade Structure, and Large Dog Park
Comments:_______________________________________________ _____________________________________________________
3.4 Dog Bag Dispenser
The Dispensers are at the Autumn Oak entrance, and Small Dog Park.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
x
x
bags present. no poop.
61 Measure Z Oversight Advisory Committee
Annual Inspection Guide 18
Malaga Park
32308 Mission Trial
Wildomar, CA. 92595
1.0 LANDSCAPE DETAIL
The landscape detail consists of areas that are covered by groundcover, trees, shrubs, and bark. This detail also includes the DG walkway. This location is maintained by the parks landscape contractor.
1.1 Groundcover and Tree Maintenance
This pertains to the Plants and Trees located throughout the park site.
Comments:
_______________________________________________
_____________________________________________________
_____________________________________________________
1.2 Shrub Gardens
The shrubs area are located along south perimeter of park site.
Comments:
_______________________________________________
_____________________________________________________
_____________________________________________________
x
Plantings appear in good condition, some winter dormant. a few bare spots. x
Shrubbery is healthy and well maintained.
62 Measure Z Oversight Advisory Committee
Annual Inspection Guide 19
1.3 DG Walkway
The pathway crosses through the center of the park starting on Wildomar Road leading up to Mission Trial.
Comments:_______________________________________________ _____________________________________________________
_____________________________________________________
2.0 STRUCTURAL DETAIL
This section pertains to the Shade Structures and Concrete Sign on this park site.
2.1 Shade Structures
There are two standalone wooden pergolas.
Comments:
_______________________________________________
_____________________________________________________
_____________________________________________________
2.2 Signage
This pertains to the curved concrete sign on the corner of Wildomar Road and Malaga.
Comments:_______________________________________________ _____________________________________________________
x
x
Solid. some weathering. maybe a little stain would extend their life? x
63 Measure Z Oversight Advisory Committee
Annual Inspection Guide 20
2.3 Fencing
This is pertaining to the wooden post and rope fencing along the Malaga Street.
Comments:_______________________________________________ _____________________________________________________
3.0 PARK ASSETS
This category consists of park benches, trash containers and other features. These items are serviced by the janitorial contractor.
3.1 Benches and Trash Cans
The benches and trash containers are located under each wooden pergola.
Comments:_______________________________________________ _____________________________________________________
3.2 Little Free Library
The little free library is located next to the southern shade structure.
Comments:_______________________________________________ _____________________________________________________
x
some rust on lid.
x
x
needs books. Good condition.
respectfully submitted,
Nolan King
py
Nolan King
64 ATTACHMENT C
Measure Z Oversight Advisory Committee
July 2020 - June 2021
Wildomar parks annual inspections
conducted by the presiding committee members:
Shelia Urlaub
65 66
67 68
69 70
71 72
73 74
75 76
77 78
79 80
81 82
83 84
85 86
ANNUAL FINANCIAL SUMMARY
Total Measure Z revenues for FY 2020-21 were $361,568, a decrease of $19,831 from last year’s $381,399. The expenditures were $398,050, which is an increase of $39,080 from $358,970. Expenditures increase primarily due increase in contractual services.
The fund balance on June 30, 2021, was $226,671, a decrease of $9,482 from last year’s $263,153. From that balance twenty percent (20%), or $70,000 of the audited year’s expenditure amount is reserved to cover operating expenditures. An additional $20,000 is reserved for utility cost stabilization. The remaining $136,671 is applied towards the cost of repair and maintenance of longer-term depreciable park amenities and facilities.
The following pages are the Audited Financial Statements from Teaman, Ramirez and Smith, Inc., the City’s external auditors.
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Opinion
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Richard A. Teaman, CPA David M. Ramirez, CPA Javier H. Carrillo, CPA Bryan W͘Daugherty, CPA Joshua :͘Calhoun, CPA 4201 Brockton AveŶƵĞ Suite 100Riverside CA 92501 951.274.9500 d > 951.274.7828 FAX www.trscpas.com
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103
CITY OF WILDOMAR-CITY COUNCIL
Agenda Item #1.12
CONSENT CALENDAR
Meeting Date: March 9, 2022
______________________________________________________________________
TO: Mayor and City Council Members
FROM: Robert Howell, Administrative Services Director
SUBJECT: FY 2020-21 Measure AA Annual Report
STAFF REPORT
RECOMMENDATION:
Staff recommends that the City Council receive and file the FY 20 20-21 Annual Report for Measure AA from the Citizen’s Oversight Committee
DISCUSSION:
Measure AA Ordinance No. 161, Section 3.22.170.2 require the Citizen’s Oversight Committee to annually review and report on: (i) the City’s proposed and actual expenditures of proceeds generated by the t ransaction and use tax; and (ii) the independent annual audit required under this ordinance. The Committee’s report shall be submitted to the City Council for review and discussion at a public meeting of the City Council. These reports were presented and reviewed by the Measure AA Oversight Committee at their meeting on February 24, 2022.
Following the Measure AA Oversight Committee meeting staff completed one final review of the draft. Two changes were made from the draft report. On page 4 we added $47,500 to the adjusted budget and $5,043 in actual expenditures in the fiscal year to match the audited financial report.
The actual revenues received from the sales and use tax for FY 2020- 21 were $4,299,827, and interest earnings were $2,761. The actual expenditures during this period were $2,938,726, and the year-end fund balance was $3,275,440.
The financial audit, which is shown on pages 11 -25 of the submitted annual report, was performed by Teaman, Ramirez & Smith, Inc. Their opinion regarding the Measure AA Fund is as follows:
“In our opinion, the financial statements referred to above (for the Measure AA Fund) present fairly, in all material respects, the respective financial position of the Measure AA Fund, as of June 30, 202 1, 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.”
FISCAL IMPACT:
None.
Submitted by Approved by:
Robert Howell Daniel York
Administrative Services Director City Manager
ATTACHMENTS:
FY 2020-21 Audited Annual Financial Report
Measure AA
Annual Report
Fiscal Year 2020-2021
February 24th, 2022
Oversight Advisory Committee
Steve Regalado, Chair
Shelley Hitchcock, Vice Chair
C. Kenneth Herrera, Committee Member
Kathleen Kovich, Committee Member
Sheila Urlaub, Committee Member
Measure AA FY 2020-2021 Annual Committee Report
Report from the Committee
On November 6, 2018, Wildomar residents voted on a 1
-
cent sales tax (Measure AA) to fund
the enhancement of services from police, fire, homelessness programs, and the maintenance and improvement of city roads. The election results were certified by the Riverside County Register of Voters and the Measure was approved by 58.67% of the Wildomar residents who voted.
On February 13, 2019 City Council meeting, the Council adopted Resolution 2019 -
12 which
established the organization, objectives and responsibilities of the committee per the requirements of Ordinance No. 161, which was the ordinance enacting the voter approved Transaction and Use Tax referred to as Measure AA.
The inaugural Measure AA committee members were appointed by the City Council at their June 10, 2019 meeting, and began their bi
-
annual review meetings on August 22, 2019. The
committee met three times in the 2019
-
2020 fiscal year. At the June 11, 2020 meeting, the
committee voted to meet on a quarterly basis.
The current members of the committee are:
Steve Regalado, Chair
Shelley Hitchcock, Vice Chair
Charles Herrera, Committee Member
Kathleen Kovich, Committee Member
Sheila Urlaub, Committee Member
The committee has reviewed the budgetary and financial information provided to them by staff, asked questions of the information for clarity and understanding, and accepted the staff ’
s
reports. The enclosed audited financial statements were completed by the firm of Teaman, Ramirez & Smith, Inc., Certified Public Accountants of Riverside, CA. Their opinion is as follows:
“
In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the Measure AA Fund, as of June 30, 2021, 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. ”
The following pages cover the enhanced services from the Police Department, Fire Department, the Homelessness Program, and the Public Works Road Engineering and Maintenance program.
Measure AA FY 2020-2021 Annual Committee Report
Financial Summary
The original fiscal year 2020
-
2021 revenue and expenditure budgets for Measure AA were approved by the City Council on June 26, 2019 as part of the City ’
s FY2019/2020 &
FY2020/21 Biennial Budget. The originally approved budgets consisted of $4,843,200 in estimated revenues, $2,471,600 in estimated expenditures. On June 24th, 2020, the Council approved the FY2020/21 Amended Budget which estimated $2,100,000 in Sales & Use Tax revenue in response to the Covid
-
19 pandemic and $2,716,900 in expenditures. During
FY2020/21 the City Council approved several adjustments to the budgeted amounts. The final 4th Quarter Adjusted Budget Report proposed an estimated revenue amount of $3,600,000 and a total expenditure amount of $3,259,400. With the approved changes the estimated ending fund balance was $2,252,178.
On July 1, 2020 the Measure AA Fund had a positive Fund Balance of $1,911,578. During the fiscal year, actual sales and use tax revenues collected were $4,299,827, or $699,827 above the estimated revenues budgeted. An additional $2,761 was earned in interest revenue, for a total of $4,302,589 in revenue. Combined with the July 1, 2020 Fund Balance, Measure AA had $6,214,166 in available resources.
Actual expenditures were $2,938,726, or $320,674 below the estimated final expenditures budgeted. The year
-
end fund balance was $3,275,440 or $1,023,262 above the budgetary estimate. The following summarizes the fiscal data included in the FY 2020
-
2021 Audited
Annual Financial Report for Measure AA.
Revenues
The actual sales tax revenues of $4,299,827 exceeded the final budget of $3,600,000. This provided a favorable variance of $699,827 for the year.
During the fiscal year a total of $2,761 in interest earnings was added to Measure AA.
Sales and Use Tax Revenues for FY 2020
-
2021
July
-
Sept. Sales and Use Tax Revenues
$1,007,451
Oct.
-
Dec. Sales and Use Tax Revenues
$1,006,362
Jan.
-
March Sales and Use Tax Revenues
$ 989,320
April
-
June Sales and Use Tax Revenues
$1,296,694
Measure AA FY 2020-2021 Annual Committee Report
Police Department
Enhanced Services
Original Budget
$644,600
Adjusted Budget
$714,100
Actual Expenses
$643,936
The enhanced police services began on July 1, 2019 and included the addition of traffic enforcement patrols, which required a specialized motorcycle. The motorcycle was purchased using AA funds. In FY2020/21 the City also added a Community Services Officer and Community Patrol Officer.
The actual expenditures are categorized as follows:
Enhanced Police Services
$632,405
PD Motorcycle fuel, maintenance, equipment and supplies
$ 11,531
A favorable budget variance of $107,050 occurred at year -
end from the Police Department
enhanced services. The favorable variance occurred due to decreased activity during the Covid
-
19 pandemic and the use of the more targeted services to fulfill the City ’
s law
enforcement needs.
Motor Traffic Officer Citations Written in FY 2020
-
21 1,975
Motor Traffic Officer DUI
’
s cited in FY 2020
-
21 94
Motor Traffic Officer Collision responses in FY 2020
-
21 247
Community Service Officer Addressed Parking Violations
Throughout the City
Community Patrol Officer Attended to Various Quality of Life Issues Throughout the City
Measure AA FY 2020-2021 Annual Committee Report
Fire Department
Enhanced Services
Original Budget
$1,243,900
Adjusted Budget
$1,673,100
Actual Expenses
$1,594,588
The enhanced fire department services began on January 6, 2020 included the addition of a medic squad truck. The truck was purchased during the fiscal year, but was not received until October 2020.
The actual expenditures are categorized as follows:
Enhanced Fire Department Services
$1,436,705
Medic Squad Related Furniture and Equipment
$ 157,883
A favorable budget variance of $78,969 was achieved at year -
end from the Fire Department
activities. The favorable variance was due to the use of more targeted services and less improvements being done to the fire facilities.
Medic Squad In
-
City responses in FY 2020
-
21 2,199
Weed Abatement Inspections in FY 2020
-
21 1,152
Measure AA FY 2020-2021 Annual Committee Report
Community Services
Homelessness Program
Original Budget
$233,400
Adjusted Budget
$252,700
Actual Expenses
$199,837
The enhanced Homelessness Program services began on April 1, 2020. During the fiscal year the City and its contract partners strived to provide services to our homeless population, and to clean up areas within the city limits that have had homeless encampments located on them.
The actual expenditures are categorized as follows:
Homelessness Coordination/Administration
$ 16,167
Social Work Action Group Consulting (SWAG)
$ 104,080
Homeless Encampment Code Enforcement
$ 67,139
Homeless Encampment Cleanup
$ 12,451
A favorable budget variance of $52,863 when compared to the adjusted budget was achieved at year
-
end from the Community Services
-
Homelessness Program activities. The favorable
variance is due to the timing of the homeless encampment clean -
ups.
SWAG Contacts Made in FY 2020
-
21 519
Encampment Clean
-
ups in FY 2020
-
21 12
Measure AA FY 2020-2021 Annual Committee Report
Public Works Road Engineering and
Maintenance Enhanced Services
Original Budget
$590,000
Adjusted Budget
$574,500
Actual Expenses
$495,104
The enhanced Public Works
-
Road Maintenance services began on July 1, 2019. The City has been able to add an additional maintenance crew that allows for concentration on road maintenance work. The City is also authorized to charge some capital activity to Measure AA for road and street capital projects.
The actual expenditures are categorized as follows:
Enhanced Street Maintenance Engineering and Repair
$297,775
Bundy Canyon Widening CIP026
$197,329
A favorable budget variance of $79,396 was achieved at year -
end from the Public Works Road
Engineering and Maintenance enhanced services. The savings was achieved due to lower than anticipated expenditures for road maintenance during the pandemic
Potholes Repaired FY 2020
-
21 (ft
2 )
17,396
Signs Installed FY 2020
-
21 216
Trees Trimmed FY 2020
-
21 279
Posts Installed
59 Measure AA FY 2020-2021 Annual Committee Report
Financial Audit and Measure AA Committee
Expenditures attributed directly to Measure AA
Original Budget
$ 5,000
Adjusted Budget
$ 5,000
Actual Expenses
$ 5,261
Each year certain expenditures will not be tied to any of the enhanced programs as they are administrative in nature and directly tied to the Measure AA Fund. The City works to insure that those expenditures are directly tied to the Measure AA activities prior to payment.
The actual expenditures are categorized as follows:
$ 2,500
Auditor Services for the FY 2019/20 Measure AA Report
Banking/Admin Fees for FY 2020/2021
$ 2,761
An unfavorable budget variance of $261 occurred during the fiscal year due to higher banking/ admin costs for this fiscal year.
Measure AA FY 2020-2021 Annual Committee Report
Conclusion
The Measure AA Advisory and Oversight Committee submits this report to the City Council, and finds the actual use of funds consistent with the City Council
’
s approved budget for enhanced public services.
Measure AA FY 2020-2021 Annual Committee Report
Fiscal Year 2020
-
2021
Audited Financial Statement
WILDOMAR MEASURE AA FUND
CITY OF WILDOMAR, CALIFORNIA
FUND FINANCIAL STATEMENTS
For the Year Ended June 30, 2021
Prepared By:
The City of Wildomar
Finance Department
Wildomar Measure AA Fund
Fund Financial Statements
Year Ended June 30, 2021
TABLE OF CONTENTS
PAGE
Independent Auditors’ Report 1 - 2
Basic Financial Statements:
Fund Financial Statements
Balance Sheet - Governmental Fund 3
Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Fund 4
Notes to Financial Statements 5 - 9
Required Supplementary Information:
Notes to Required Supplementary Information 10
Budgetary Comparison Schedule 11
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BASIC FINANCIAL STATEMENTS
ASSETS
Due from Other Governments 977,603 $
Due from Other City Funds 2,837,459
Total Assets 3,815,062$
LIABILITIES
Accounts Payable 539,622$
Total Liabilities 539,622
FUND BALANCES
Committed for:
Public Safety, Street Maintenance and Homelessness Solutions 3,275,440 Total Fund Balances 3,275,440
Total Liabilities and Fund Balances 3,815,062 $
Wildomar Measure AA Fund
Balance Sheet
June 30, 2021
Governmental Fund
The accompanying notes are an integral part of this statement. 3 Wildomar Measure AA Fund
The accompanying notes are an integral part of this statement. 4 Statement of Revenues, Expenditures and Changes in Fund Balances Governmental Fund
For the Year Ended June 30, 2021
REVENUES
Taxes
$ 4,299,827
Use of Money and Property 2,761
Total Revenues 4,302,588
EXPENDITURES
Current:
General Government 5,261
Public Safety 2,070,555
Culture and Recreation 199,837
Public Works 495,104
Capital Outlay 167,969
Total Expenditures 2,938,726
Excess (Deficiency) of Revenues Over
(Under) Expenditures 1,363,862
Fund Balances - Beginning of Year 1,911,578
Fund Balances - End of Year
$ 3,275,440
Wildomar Measure AA Fund
Notes to Financial Statements
June 30, 2021
5 1) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
a. Description of the Reporting Entity
The Wildomar Measure AA Fund was established on November 6, 2018 (Ordinance No. 161), pursuant to voter-approved local transactions (sales) and use tax that are intended to be used for the enhancement of police and fire services, road maintenance and homelessness sol utions within the City of Wildomar (the City).
The Measure AA Fund is included as a special revenue fund of the City and, accordingly, the accompanying fund financial statements are included as a special revenue fun d of the basic financial statements prepared by the City. The accompanying financial statements are intended to reflect the financial position of operations for the Measure AA Fund only and do not purport to, and do not, present the financial position of the City of Wildomar, California. Separate financial statements are prepared for the City of Wildomar, and may be obtained from the City.
b. Measurement Focus, Basis of Accounting, and Financial Statement Presentation
Governmental fund financial statements are reported using the c urrent financial resources measurement focus and the modified accrual basis of accounting. Revenues ar e recognized as soon as they are both measurable and available. Revenues are considered to available when they are collectible within the current period or soon enough thereafter to pay liabilities of the curr ent 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 year.
Expenditures generally are recorded when a liability is incurre d, as under accrual accounting. However, debt service expenditures, as well as expenditures related to c ompensated absences and claims and judgments, are recorded only when payment is due.
When both restricted and unrestricted resources are available for use, it is the Fund’s policy to use restricted resources first, and then unrestricted resources as they are needed.
c. Assets, Deferred Outflows/Inflows of Resources, Liabilities, and Net Position or Equity
Cash and Investments
The City’s cash and cash equivalents are considered to be cash on hand, demand deposits, and short-term investments with original maturities of three months or less from the date of acquisition. For financial statement presentation purposes, cash and investments are shown as both restricted and unrestricted cash and investments in the governmental funds.
Investments are reported at fair value. The City’s policy is to hold investments until maturity or until market values equal or exceed cost. The State Treasurer’s Inves tment Pool operates in accordance with appropriate state laws and regulations. The reported value of the pool is the same as the fair value of the pool shares. Currently, there are no cash and investments as of June 30, 2021.
Wildomar Measure AA Fund
Notes to Financial Statements
June 30, 2021
6 1) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Continued
c. Assets, Deferred Outflows/Inflo ws of Resources, Liabilities, and Net Position or Equity - Continued
Deferred Outflows/Inflows of Resources
In addition to assets, the balance sheet will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources , represents a consumption of fund balance that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then. Currently, the Fund does not report any deferred outflows.
In addition to liabilities, the balance sheet will sometimes re port a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of fund balance that applies to a future period(s) and so w ill not be recognized as an inflow of resources (revenue) until that time. Currently, the Fund does not report any deferred inflows.
Fund Equity
In the fund financial statements, government funds report the following fund balance classification:
Nonspendable include amounts that cannot be spent because they are either (a) not in spendable form or (b) legally or contractually required to be maintained intact.
Restricted include amounts that are constrained on the use of resources by either, (a) external creditors, grantors, contributions, or laws of regulations of other governments or (b) by law through constitutional provisions or enabling legislation.
Committed include amounts that can only be used for specific purposes pursuant to constraints imposed by formal action of the government’s highest authority, the City Council. The formal action that is required to be taken to establish, modify, or rescind a fund balance commitment is a resolution or ordinance.
Assigned include amounts that are constrained by the government’s intent to be used for specific purposes, but are neither restricted nor committed. The City Manager is a uthorized to assign amounts to a specific purpose, which was established by the governing body in Resolution No. 2011-32 approved on June 21, 2011.
Unassigned include the residual amounts that have not been restricted, committed, or assigned to specific purposes.
Wildomar Measure AA Fund
Notes to Financial Statements
June 30, 2021
7 1) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Continued
c. Assets, Deferred Outflows/Inflo ws of Resources, Liabilities, and Net Position or Equity - Continued
Use of Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and deferred outflows/inflows of resources, and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenditures/expenses during the reported period. Actual results could differ from those estimates.
Functional Classifications
Expenditures of the governmental funds are classified by function. Functional classifications are defined as follows:
General Government includes legislative activities, City Clerk, City Attorney, City Manager as well as management or supportive services across more than one functional area.
Public Safety includes those activities which involve police pr ojection, fire protection and animal control services.
Community Development includes those activities which involve p lanning, building and safety and code enforcement.
Public Works includes all maintenance, engineering and capital improvements which relate to streets and other public facilities.
Encumbrances
Encumbrances are estimations of costs related to unperformed co ntracts for goods and services. These commitments are recorded for budgetary control purposes in the fund. Encumbrances represent the estimated amount of the expenditure ultimately to result if unperformed contracts in process at year-end are completed. They do not constitute expenditures or estimated liabilities.
Budget Basis of Accounting
Budgets for governmental funds are adopted on a basis consistent with generally accepted accounting principles (GAAP).
Wildomar Measure AA Fund
Notes to Financial Statements
June 30, 2021
8 2) CASH AND INVESTMENTS
As of June 30, 2021, cash and investments were reported in the accompanying financial statements as follows:
Governmental Fund $ 0
The Measure AA Fund is pooled with the City of Wildomar’s cash and investments in order to generate optimum interest earnings. The information required by GASB Sta tement No. 40 related to authorized investments, credit risk, etc. is available in the comprehensiv e annual financial report of the City. Currently, there are no cash and investments as of June 30, 2021.
3) FAIR VALUE MEASUREMENTS
Governmental Accounting Standards Board (GASB) Statement No. 72 , Fair Value Measurements and Application, provides the framework for measuring fair value. T he framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value with Level 1 given the highest priority and Level 3 the lowest priority. The three levels of the fair value hierarchy are as follows:
Level 1 inputs are quoted prices (unadjusted) in active markets for ide ntical assets or liabilities that the organization has the ability to access at the measurement date.
Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include the following:
a. Quoted prices for similar assets or liabilities in active markets.
b. Quoted prices for identical or similar assets or liabilities in markets that are not active.
a. Inputs other than quoted prices that are observable for the asset or liability (for example, interest rates and yield curves observable at commonly quoted intervals, volatilities, prepayment speeds, loss severities, credit risks, and default rates).
b. Inputs that are derived principally from or corroborated by observable market data by correlation or other means (market-corroborated inputs).
Level 3 inputs are unobservable inputs for the asset or liability.
As explained in Note 2, the Measure AA Fund has its investments pooled with the City. The cash and investments reflected is a portion of the City’s overall cash and investments. Refer to the City’s financial statements for additional information relating to categorization of investment types.
Wildomar Measure AA Fund
Notes to Financial Statements
June 30, 2021
9 4) COMMITMENTS AND CONTINGENCIES
As of June 30, 2021, in the opinion of the City’s Administration, there are no outstanding matters which would have a significant affect on the financial condition of the Measure AA Fund.
COVID-19
On March 11, 2020, the World Health Organization declared the n ovel strain of coronavirus (COVID-19) a global pandemic and recommended containment and mitigation measures worldwide. The pandemic continued subsequent to year end with cer tain restrictions required by th e Governor of California, as well as local governments, which may affect revenue sources and also caused subsequent stock market volatility. The duration of the pandemic and the impact of COVID-19 on the City ’s operational and financial performance is uncertain at this time.
REQUIRED SUPPLEMENTARY INFORMATION
Wildomar Measure AA Fund
Notes to Required Supplementary Information
June 30, 2021
10 Budgetary Comparison Information
General Budget Policies
The City Council approves each yea r’s budget prior to the begin ning of the new fiscal year. Public hearings are conducted prior to its adoption by the Council. Supplemental appropriations, where required during the period, are also approved by the Council. In most cases, expenditures may n ot exceed appropriations at the function level. At fiscal year-end, all operating budget appropriations lapse.
Encumbrances
Encumbrances are estimations of costs related to unperformed contracts for goods and services. These commitments are recorded for budgetary control purposes in the fund. Encumb rances represent the estimated amount of the expenditure ultimately to result if unperformed contracts in pr ocess at year-end are completed. They do not constitute expenditures or estimated liabilities.
Budget Basis of Accounting
Budgets for governmental funds are adopted on a basis consisten t with generally accepted accounting principles (GAAP).
Wildomar Measure AA Fund
11 Budgetary Comparison Schedule
Year Ended June 30, 2021
Budgeted Amounts
Actual
Variance with
Original Final Amounts Final Budget
Budgetary Fund Balance, July 1
Resources (Inflows):
Taxes
$ 1,911,578 $ 1,911,578
2,100,000 3,600,000
$ 1,911,578
4,299,827
$ -
699,827
Use of Money and Property - - 2,761 2,761
Amounts Available for
Appropriations
4,011,578
5,511,578
6,214,166
702,588
Charges to Appropriations (Outflow):
General Government 5,000 5,000 5,261 (261)
Public Safety 1,888,500 2,215,200 2,070,555 144,645 Culture and Recreation 233,400 252,700 199,837 52,863 Public Works 590,000 574,500 495,104 79,396
Capital Outlay 0 212,000 167,969 44,031
Total Charges to Appropriations
2,716,900
3,259,400
2,938,726
320,674
Budgetary Fund Balance, June 30
$
1,294,678
$
2,252,178
$
3,275,440
$
1,023,262
Measure AA FY 2020-2021 Annual Committee Report
Fiscal Year 2020
-
2021
Committee Member Assessments
___________________________________________________
Committee Member, Measure AA Committee
City of Wildomar
Measure AA Oversight Advisory Committee
Annual Committee Member Questionnaire
2020/2021
___________________________________________________
Committee Member, Measure AA Committee
February 10, 2022
Dear Measure AA Committee Member,
With the passage of Measure AA in November 2018 a citizens’ oversight committee has been established to independently review and advise upon the City’s expenditure of proceeds generated by the transactions and use tax. The committee meets at least twice each calendar year and more frequently if necessary, to discharge the responsibilities of the committee. All meetings of the committee shall be held in accordance with provisions of the Ralph M. Brown Act (Cal. Gov. Code Section 54950 et seq.).
The committee shall consist of five members, who are residents of the City of Wildomar.
The citizens’ oversight committee shall annually review and report on: ( 1) the City’s proposed and actual expenditure of proceeds generated by the transaction and use tax; and (2) the independent annual audit required under this chapter. The committee’s report shall be submitted to the City Council for review and discussion at a public meeting of the City Council.
The quest ionnaire included in this packet covers the 20 20-2021 fiscal year. We respectfully request that you complete all the questions with as much detail as you believe is needed. The questionnaires from each member will be included in the final report that will be submitted to the City Council for their review and acceptance.
The deadline for the completion of the questionnaire is Wednesday, February 16th, as we need to include the questionnaires and the rest of the draft report on the February 24th Measure AA Committee Meeting. It is anticipated that, if the approval of the draft report by the Committee occurs at the February 24th meeting, the final report would be presented to the City Council at their March meeting.
We appreciate your involvement in this very important process. Please let us know if you have any questions or concerns on the questionnaire.
Cordially,
Robert Howell
Administrative Services Director
___________________________________________________
Committee Member, Measure AA Committee
Members - Please complete the following questionnaire:
Have you received all the information regarding Measure AA that you have requested or needed to make informed decisions?
Has staff explained to your satisfaction the information provided in the meetings?
Charles Kenneth Herrera
Have gotten all information provided by the City of Wildomar prior to the Measure Committee meetings. Usually it comes only a day or so prior so not a lot of time to go over the information.
Many times I have voiced my concern that we are not what i would call an "Oversight" Committee. We get the information after the money has been spent.
This is like the old saying, "Close the barn door after the horses have run off." This is the largest revenue stream for the City and I believe it needs more than after the fact review. There is no way to change how the money was spent.
Perhaps we need a Commission rather than an Oversight Committee.
Yes, Staff is very professional.
___________________________________________________
Committee Member, Measure AA Committee
Has staff explained to your satisfaction the information provided in your requests?
How can staff enhance the information provided to the committee?
Yes
Try to provide the information sooner.
___________________________________________________
Committee Member, Measure AA Committee
In your opinion has the City spent the Measure AA funds as approved by the City Council?
Are there any other items, related to Measure AA, that you would like to bring to the City’s attention?
__________________________________________
Measure AA Committee Member
I can only assume the City Council is who decides how the monies are spent. We never get asked for our input on those decisions.
No, Just read above comments.
C. Kenneth Herrera
WILDOMAR MEASURE AA FUND
CITY OF WILDOMAR, CALIFORNIA
FUND FINANCIAL STATEMENTS
For the Year Ended June 30, 2021
Prepared By:
The City of Wildomar
Finance Department
Wildomar Measure AA Fund
Fund Financial Statements
Year Ended June 30, 2021
TABLE OF CONTENTS
PAGE
Independent Auditors’ Report 1 - 2
Basic Financial Statements:
Fund Financial Statements
Balance Sheet - Governmental Fund 3
Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Fund 4
Notes to Financial Statements 5 - 9
Required Supplementary Information:
Notes to Required Supplementary Information 10
Budgetary Comparison Schedule 11
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Richard A. Teaman, CPA David M. Ramirez, CPA Javier H. Carrillo, CPA Bryan W͘Daugherty, CPA Joshua :͘Calhoun, CPA 4201 Brockton AveŶƵĞ Suite 100Riverside CA 92501 951.274.9500 d > 951.274.7828 FAX www.trscpas.com
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BASIC FINANCIAL STATEMENTS
ASSETS
Due from Other Governments 977,603 $
Due from Other City Funds 2,837,459
Total Assets 3,815,062$
LIABILITIES
Accounts Payable 539,622$
Total Liabilities 539,622
FUND BALANCES
Committed for:
Public Safety, Street Maintenance and Homelessness Solutions 3,2 75,440 Total Fund Balances 3,275,440
Total Liabilities and Fund Balances 3,815,062 $
Wildomar Measure AA Fund
Balance Sheet
June 30, 2021
Governmental Fund
The accompanying notes are an integral part of this statement. 3 Wildomar Measure AA Fund
The accompanying notes are an integral part of this statement. 4 Statement of Revenues, Expenditures and Changes in Fund Balances Governmental Fund
For the Year Ended June 30, 2021
REVENUES
Taxes
$ 4,299,827
Use of Money and Property 2,761
Total Revenues 4,302,588
EXPENDITURES
Current:
General Government 5,261
Public Safety 2,070,555
Culture and Recreation 199,837
Public Works 495,104
Capital Outlay 167,969
Total Expenditures 2,938,726
Excess (Deficiency) of Revenues Over
(Under) Expenditures 1,363,862
Fund Balances - Beginning of Year 1,911,578
Fund Balances - End of Year
$ 3,275,440
Wildomar Measure AA Fund
Notes to Financial Statements
June 30, 2021
5 1) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
a. Description of the Reporting Entity
The Wildomar Measure AA Fund was established on November 6, 2018 (Ordinance No. 161), pursuant to voter-approved local transactions (sales) and use tax that are intended to be used for the enhancement of police and fire services, road maintenance and homelessness sol utions within the City of Wildomar (the City).
The Measure AA Fund is included as a special revenue fund of the City and, accordingly, the accompanying fund financial statements are included as a special revenue fun d of the basic financial statements prepared by the City. The accompanying financial statements are intended to reflect the financial position of operations for the Measure AA Fund only and do not purport to, and do not, present the financial position of the City of Wildomar, California. Separate financial statements are prepared for the City of Wildomar, and may be obtained from the City.
b. Measurement Focus, Basis of Accounting, and Financial Statement Presentation
Governmental fund financial statements are reported using the c urrent financial resources measurement focus and the modified accrual basis of accounting. Revenues ar e recognized as soon as they are both measurable and available. Revenues are considered to available when they are collectible within the current period or soon enough thereafter to pay liabilities of the curr ent 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 year.
Expenditures generally are recorded when a liability is incurre d, as under accrual accounting. However, debt service expenditures, as well as expenditures related to c ompensated absences and claims and judgments, are recorded only when payment is due.
When both restricted and unrestricted resources are available for use, it is the Fund’s policy to use restricted resources first, and then unrestricted resources as they are needed.
c. Assets, Deferred Outflows/Inflows of Resources, Liabilities, and Net Position or Equity
Cash and Investments
The City’s cash and cash equivalents are considered to be cash on hand, demand deposits, and short-term investments with original maturities of three months or less fr om the date of acquisition. For financial statement presentation purposes, cash and investments are shown as both restricted and unrestricted cash and investments in the governmental funds.
Investments are reported at fair value. The City’s policy is to hold investments until maturity or until market values equal or exceed cost. The State Treasurer’s Inves tment Pool operates in accordance with appropriate state laws and regul ations. The reported value of t he pool is the same as the fair value of the pool shares. Currently, there are no cash and investments as of June 30, 2021.
Wildomar Measure AA Fund
Notes to Financial Statements
June 30, 2021
6 1) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Continued
c. Assets, Deferred Outflows/Inflo ws of Resources, Liabilities, and Net Position or Equity - Continued
Deferred Outflows/Inflows of Resources
In addition to assets, the balance sheet will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources , represents a consumption of fund balance that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then. Currently, the Fund does not report any deferred outflows.
In addition to liabilities, the balance sheet will sometimes re port a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of fund balance that applies to a future period(s) and so w ill not be recognized as an inflow of resources (revenue) until that time. Currently, the Fund does not report any deferred inflows.
Fund Equity
In the fund financial statements, government funds report the following fund balance classification:
Nonspendable include amounts that cannot be spent because they are either (a) not in spendable form or (b) legally or contractually required to be maintained intact.
Restricted include amounts that are constrained on the use of r esources by either, (a) external creditors, grantors, contributions, or law s of regulations of other govern ments or (b) by law through constitutional provisions or enabling legislation.
Committed include amounts that can only be used for specific purposes pursuant to constraints imposed by formal action of the government’s highest authority, the City Council. The formal action that is required to be taken to establish, modify, or rescind a fund balance commitment is a resolution or ordinance.
Assigned include amounts that are constrained by the government’s intent to be used for specific purposes, but are neither restricted nor committed. The City Manager is a uthorized to assign amounts to a specific purpose, which was established by the governing body in Resolution No. 2011-32 approved on June 21, 2011.
Unassigned include the residual amounts that have not been rest ricted, committed, or assigned to specific purposes.
Wildomar Measure AA Fund
Notes to Financial Statements
June 30, 2021
7 1) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Continued
c. Assets, Deferred Outflows/Inflo ws of Resources, Liabilities, and Net Position or Equity - Continued
Use of Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and deferred outflows/inflows of resources, and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenditures/expenses during the reported period. Actual results could differ from those estimates.
Functional Classifications
Expenditures of the governmental funds are classified by function. Functional classifications are defined as follows:
General Government includes legislative activities, City Clerk, City Attorney, City Manager as well as management or supportive services across more than one functional area.
Public Safety includes those activities which involve police pr ojection, fire protection and animal control services.
Community Development includes those activities which involve p lanning, building and safety and code enforcement.
Public Works includes all maintenance, engineering and capital improvements which relate to streets and other public facilities.
Encumbrances
Encumbrances are estimations of costs related to unperformed co ntracts for goods and services. These commitments are recorded for budgetary control purposes in the fund. Encumbrances represent the estimated amount of the expenditure ultimately to result if unperformed contracts in process at year-end are completed. They do not constitute expenditures or estimated liabilities.
Budget Basis of Accounting
Budgets for governmental funds are adopted on a basis consisten t with generally accepted accounting principles (GAAP).
Wildomar Measure AA Fund
Notes to Financial Statements
June 30, 2021
8 2) CASH AND INVESTMENTS
As of June 30, 2021, cash and investments were reported in the accompanying financial statements as follows:
Governmental Fund $ 0
The Measure AA Fund is pooled with the City of Wildomar’s cash and investments in order to generate optimum interest earnings. The information required by GASB Sta tement No. 40 related to authorized investments, credit risk, etc. is available in the comprehensiv e annual financial report of the City. Currently, there are no cash and investments as of June 30, 2021.
3) FAIR VALUE MEASUREMENTS
Governmental Accounting Standards Board (GASB) Statement No. 72 , Fair Value Measurements and Application, provides the framework for measuring fair value. T he framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to mea sure fair value with Level 1 given the highest priority and Level 3 the lowest priority. The three levels of the fair value hierarchy are as follows:
Level 1 inputs are quoted prices (unadjusted) in active markets for ide ntical assets or liabilities that the organization has the ability to access at the measurement date.
Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include the following:
a. Quoted prices for similar assets or liabilities in active markets.
b. Quoted prices for identical or similar assets or liabilities in markets that are not active.
a. Inputs other than quoted prices that are observable for the ass et or liability (for example, interest rates and yield curves observable at commonly quoted intervals, volat ilities, prepayment speeds, loss severities, credit risks, and default rates).
b. Inputs that are derived principally from or corroborated by observable market data by correlation or other means (market-corroborated inputs).
Level 3 inputs are unobservable inputs for the asset or liability.
As explained in Note 2, the Measure AA Fund has its investments pooled with the City. The cash and investments reflected is a portion of the City’s overall cash and investments. Refer to the City’s financial statements for additional information relating to categorization of investment types.
Wildomar Measure AA Fund
Notes to Financial Statements
June 30, 2021
9 4) COMMITMENTS AND CONTINGENCIES
As of June 30, 2021, in the opinion of the City’s Administratio n, there are no outstanding matters which would have a significant affect on the financial condition of the Measure AA Fund.
COVID-19
On March 11, 2020, the World Health Organization declared the n ovel strain of coronavirus (COVID-19) a global pandemic and recommended containment and mitigation measures worldwide. The pandemic continued subsequent to year end with cer tain restrictions required by th e Governor of California, as well as local governments, which may affect r evenue sources and also caused s ubsequent stock market volatility. The duration of the pandemic and the impact of COVID-19 on the City ’s operational and financial performance is uncertain at this time.
REQUIRED SUPPLEMENTARY INFORMATION
Wildomar Measure AA Fund
Notes to Required Supplementary Information
June 30, 2021
10 Budgetary Comparison Information
General Budget Policies
The City Council approves each yea r’s budget prior to the begin ning of the new fiscal year. Public hearings are conducted prior to its adoption by the Council. Supplemental appropriations, where required during the period, are also approved by the Council. In most cases, expenditures may n ot exceed appropriations at the function level. At fiscal year-end, all operating budget appropriations lapse.
Encumbrances
Encumbrances are estimations of costs related to unperformed contracts for goods and services. These commitments are recorded for budgetary control purposes in the fund. Encumb rances represent the estimated amount of the expenditure ultimately to result if unperformed contracts in pr ocess at year-end are completed. They do not constitute expenditures or estimated liabilities.
Budget Basis of Accounting
Budgets for governmental funds are adopted on a basis consisten t with generally accepted accounting principles (GAAP).
Wildomar Measure AA Fund
11 Budgetary Comparison Schedule
Year Ended June 30, 2021
Budgeted Amounts
Actual
Variance with
Original Final Amounts Final Budget
Budgetary Fund Balance, July 1
Resources (Inflows):
Taxes
$ 1,911,578 $ 1,911,578
2,100,000 3,600,000
$ 1,911,578
4,299,827
$ -
699,827
Use of Money and Property - - 2,761 2,761
Amounts Available for
Appropriations
4,011,578
5,511,578
6,214,166
702,588
Charges to Appropriations (Outflow):
General Government 5,000 5,000 5,261 (261)
Public Safety 1,888,500 2,215,200 2,070,555 144,645 Culture and Recreation 233,400 252,700 199,837 52,863 Public Works 590,000 574,500 495,104 79,396
Capital Outlay 0 212,000 167,969 44,031
Total Charges to Appropriations
2,716,900
3,259,400
2,938,726
320,674
Budgetary Fund Balance, June 30
$
1,294,678
$
2,252,178
$
3,275,440
$
1,023,262
CITY OF WILDOMAR – CITY COUNCIL
Agenda Item #1.13
CONSENT CALENDAR
Meeting Date: March 9, 2022
______________________________________________________________________
TO: Mayor and City Council Members
FROM: Robert Howell, Administrative Services Director
SUBJECT: FY 2020-21 Annual Comprehensive Financial Report (ACFR) Report
STAFF REPORT
RECOMMENDATION:
Staff recommends that the City Council receive and file the FY 2020-21 ACFR.
BACKGROUND/DISCUSSION:
Annual Comprehensive Financial Report (ACFR)
The firm of Teaman, Ramirez & Smith, Inc., performs the annual financial audit of the City of Wildomar, which is now called the Annual Comprehensive Financial Report or ACFR.
The name of the report is transitioning from Comprehensive Annual Financial Report to its new name due to the former acronym being determined to be a derogatory term, with the transition being completed with the next financial audit.
This audit is required to be performed in accordance with Generally Accepted Accounting Standards and Government Auditing Standards . At the end of the audit test work, the audit firm issues an opinion as to the fairness of presentation of the financial position of the City. The following statement was issued by the auditors in their report under Opinions:
“In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the discretely presented component unit, each major fund, and the aggregate remaining fund information of the City of Wildomar, California, as of June 30, 20 21, 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.”
This signifies that the City received a clean opinion on its financial statements.
Some highlights from the audit report are:
• The General F und balance at June 30, 202 1 was $2,444,793. This represents
19.2% of actual General Fund expenditures in fiscal year 2020-21. • The Measure AA Fund brought in $4,299,827 in district sales and use taxes in its second full year. The fund balance for the fund at June 30, 2021 was $3,275,440.
The Wildomar Cemetery District financial activities are included in a separate report for fiscal year 2020-21 and a staff report is included as part of the Wildomar Cemetery District Meeting Agenda for tonight’s meeting.
In summary:
1. The audits were completed in a timely basis.
2. The numbers of funds audited and reviewed totaled 60 governmental funds.
3. The CAFR was submitt ed to the Governmental Financial Officers Association (GFOA) for their Certificate of Achievement for Excellence in Financial Reporting award. The City has received this award for the past six years in a row.
4. The audit reports received a clean opinion on its financial statements.
FISCAL IMPACTS:
None.
Submitted by: Approved by:
Robert Howell Daniel York
Administrative Services Director City Manager
ATTACHMENTS:
1. Annual Comprehensive Financial Report (ACFR) FY 2020-21
City of Wildomar,CA
Comprehensive Annual Financial Report
For the Fiscal Year Ended June 30, 2021
CITY OF WILDOMAR, CALIFORNIA
COMPREHENSIVE ANNUAL FINANCIAL REPORT
For the Year Ended June 30, 2021
Prepared By:
The City of Wildomar
Finance Department
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City of Wildomar
Comprehensive Annual Financial Report
Year Ended June 30, 2021
TABLE OF CONTENTS
PAGE
I. INTRODUCTORY SECTION
Letter of Transmittal i - ix
Staff Directory x
City Organization Chart xi
Governmental Finance Officers As sociation Certificate of Achievement xii
II. FINANCIAL SECTION
Independent Auditors’ Report 1 - 2
Management Discussion & Analysis 3 - 19
Basic Financial Statements:
Government-wide Financial Statements
Statement of Net Position 20
Statement of Activities 21
Fund Financial Statements
Balance Sheet - Governmental Funds 22 - 23
Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Position
24 Statement of Revenues, Expe nditures and Changes in Fund Balances - Governmental Funds
25 - 26
Reconciliation of the Stateme nt of Revenues, Expenditures and Changes in Fund Balances of Governme ntal Funds to the Statement of Activities
27 Notes to Financial Statements 28 - 61
Required Supplementary Information:
Budgetary Comparison Schedule by Department - General Fund 62 Budgetary Comparison Schedule - Development Impact Fees 63 Budgetary Comparison Schedule - Measure AA 64
Budgetary Comparison Schedule - Grants 65
Schedule of the City’s Proportionate Share of the Net Pension Liability - CalPERS Pension Plan
66 Schedule of Contributions - CalPERS Pension Plan 67
Schedule of Changes in Net OPE B Liability and Related Ratios 68 - 69 Schedule of Contributions - OPEB 70
Notes to Required Suppl ementary Information 71
Supplementary Information:
Non-Major Governmental Funds
Combining Balance Sheet 72 - 73
Combining Statement of Reve nues, Expenditures and Changes in Fund Balances 74 - 75 City of Wildomar
Comprehensive Annual Financial Report
Year Ended June 30, 2021
Table of Contents - Continued
PAGE
Supplementary Information - Continued:
Budgetary Comparison Schedul es - Special Revenue Funds G a s T a x 76
Air Quality Management District 77
M e a s u r e A 78
SLESF 79
TDA 80
Community Development Block Grant 81
Measure Z Park 82
Budgetary Comparison Schedul es - Capital Projects Fund Assessment Districts 83
Budgetary Comparison Sche dules - Debt Service Fund
Streetlight Fund 84
III. STATISTICAL SECTION
Table of Contents 85
Financial Trends:
Net Position by Component 86 - 87
Changes in Net Position 88 - 91
Fund Balances of Governmental Funds 92 - 93
Changes in Fund Balances of Governmental Funds 94 - 95
Revenue Capacity:
Assessed Value and Estimated Actual Value of Taxable Property 96 Direct and Overlapping Pr operty Tax Rates 97 - 98
Principal Property Tax Payers 99
Property Tax Levi es and Collections 100
D e b t C a p a c i t y :
Ratio of Outstanding Debt by Type 101
Direct and Overlapping Gove rnmental Activities Debt 102 Legal Debt Margin Information 103 - 104
Demographic and Economic Statistics:
Demographic and Economic Status 105
Operating Information:
Principal Employers 106
Full-time Equivalent City Gove rnment Employees by Function / Program 107 - 108 Operating Indicators by Function / Program 109 - 110
Capital Asset Sta tistics by Function / Program 111 - 112 Miscellaneous Statistics 113
INTRODUCTORY SECTION
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Ben J. Benoit, Mayor, Dist. 1 23873 Clinton Keith Rd, Ste 201 Joseph Morabito, Mayor Pro Tem, Dist. 3 Wildomar, CA 92595 Bridgette Moore, Council Member, Dist. 4 951/677-7751 Phone Dustin Nigg, Council Member, Dist. 2 951/698-1463 Fax Marsha Swanson, Council Member, Dist. 5 www.CityofWildomar.org
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Letter of Transmittal
January 28, 2022
To the Honorable Mayor, Members of the City Council, and Citize ns of the City of Wildomar:
On behalf of the Management Team and City Staff, we are privileged to submit the Comprehensive Annual Financial Report (CAFR) for the fiscal year ended June 30, 2021.
The information found in this report is provided by the Administrative Services Department to the City Council and the public to assist those interested in the City’s fiscal condition.
State law and the City’s Munici pal Code require that an annual financial report be prepared. The submitted report fulfills that obligation. This report consists of management representations concerning the finances of the City of Wildomar in its thirteenth year of incorporation. Consequently, managem ent assumes full responsibi lity for the completeness and reliability of all the information presented in this report.
To provide a reasonable basis for making these representations, the management of the City of Wildomar continues to establish a comprehensive internal control framework that is designed both to protect the government's assets from l oss, theft, or misuse and to compile sufficient reliable information for the preparation of the City of Wildomar's financial statements in conformity with generally accepted accounting principles (GAAP) and with the financial reporting requirements prescribed by the Governmental Accounting Standards Board (GASB). Because the cost of internal controls should not outweigh their benefits, the City of Wildomar’s comprehensive framework of internal controls is designed to provide reasonable rather than absolute assurance that the financial statements will be free from material misstatement . As management we assert that, to the best of our knowledge and belief, this financial report is complete and reliable in all material respects.
The City of Wildomar’s financia l statements have been audited by Teaman, Ramirez & Smith, Inc., a firm of certified public accountants. The goal of the independent audit was to provide reasonable assurance that the financial st atements of the City of Wildomar, for the fiscal year ended June 30, 2021, are free of material misstatement. The independent audit involved examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; assessing the accounting principles used and significant estimates made by m anagement; and evaluating the ov erall financial statement presentation.
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The independent auditor's report is presented as the first comp onent of the financial section of this report. GAAP requires that management provide a narrative of introductions, overview, and analysis to accompany the basic financial statements in the for m of Management’s Discussion and Analysis (MD&A).
This letter of transmittal is designed to complement the MD&A and should be read in conjunction with it. The City of Wildomar's MD&A can be found immediately following the report of the independent auditors, in the financial section of this report.
Profile of the Government
The area of Wildomar, located in southwestern Riverside County, incorporated as a City on July 1, 2008. The city is approximately 70 miles north of San Diego and 60 miles southeast of Los Angeles.
The City boundaries encompass 24 square miles, providing a “Community Ranch” lifestyle for its 37,013 residents.
The City Council consists of 5 Council Members, elected by dis trict on a non-partisan basis and annually select amongst them, a Mayor an d Mayor Pro Tem. Bi-annual elections are held in November of even numbered years. The term s o f o f f i c e a r e 4 y e a r s b u t a r e overlapping so that the City is p rovided with a continuity of k nowledge in the City’s business and legislative matters.
The Council is responsible for enacting ordinances, resolutions , and regulations governing the City as well as the appointment o f the City Manager, City Attor ney, and members of various statutory and advisory boards. As Chief Administrative Officer, the City Manager has the responsibility of administering programs in accor dance with policies established by the City Council and within the guidelines of the annual budget adopted by the Council.
The Wildomar Cemetery District (District) was consolidated int o the City of Wildomar as a subsidiary district on November 9, 2011. As a result, the stru cture of the District is a separate legal entity and the City Council of the City of Wildomar oversees the operations of the District acting as the Board of Trustees.
This report includes all funds of the City. It includes all go vernmental organizations and activities for which the City of Wildomar’s City Council is financially accountable. The City provides the full range of municipal services normally a ssociated with a municipality i ncluding general administration, police and fire protection, the construction and maintenance of streets, and related infrastructure, recreational activities and economic development.
The Wildomar Cemetery Distric t is a component unit of the City of Wildomar. The operations of the District are discretely presented in the financial statements. A component unit financial statement may be obtained from the City.
.
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The Budget Process
The City Council adopted a Bienni al budget for Fiscal Years 20 19/20 and 2020/21 at a Public Hearing held on June 26, 2019. Since that adoption date, several changes have occurred through the FY 2020/21 Quarterly Budget Reviews.
The biennial budget serves as the foundation for the City of Wildomar's financial planning and control. The development of the budget is completed as two separate projects: the development of the governmental activities program budget, and the development of the capital improvement program focusing on longer term capital projects.
All departments of the City of W ildomar are required to submit requests for appropriation for all governmental activities to the City Manager by the end of April. The City Manager and the Administrative Services Departm ent use these requests as the st arting point for developing a proposed budget for the governmental activities.
A budget workshop is held in March to receive input from the pu blic. The City Manager presents the proposed budget for a ll governmental activities to the City Council at a special Council meeting in May for review and input. The City Council is required to hold a public hearing on the proposed budget which is generally held at their June me eting. The governmental activities budget is generally adopted at the Council meeting in June.
Factors Affecting Financial Condition
The information presented in t he financial statements is perha ps best understood when it is considered from the broader perspective of the specific environment within which the City of Wildomar operates.
Local Economy
The City of Wildomar, in its thi rteenth year of incorporation, is experiencing consistent, stable growth. The City’s median age is 34 with a per capita personal income of $27,332, which is a 7.9% increase over fiscal year 2019-20. The increase comes d e s p i t e t h e e f f e c t s o f t h e pandemic both locally and regionally.
Property valuations increased 4.4% over fiscal year 2019-20 an d the City received the continued benefits of both property and retail sales taxes of Wildomar Square Shopping Center, which opened in March 2018. The c ity received its fourth annual installment of SB 130 Funds, which was signed by Governor Brown on May 12, 2017, in-lieu of the Motor Vehicle License Fee payments, which were taken by the State in 2012, in accordance with SB 89 (2011).
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The charts below and on the next page illustrate the trends for the last ten years in taxable property net assessed value, property tax revenue and sales tax revenue.
Chart 1.
$0
$500,000,000
$1,000,000,000
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$2,000,000,000
$2,500,000,000
$3,000,000,000
$3,500,000,000
$4,000,000,000
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
City of Wildomar
Taxable Property Net Assessed Value
Chart 2.
$0
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
City of Wildomar
Property Tax Revenue
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Chart 3.
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
City of Wildomar
General Fund Sales Tax Revenue
Coronavirus (COVID-19) Pandemic
In March 2020, the State of Cal ifornia and Riverside County iss ued “Safer at Home” orders to address the growing spread of the Coronavirus Disease 2019 (COVID-19) virus. This order applied to everyone in non-essential job classifications. It was anticipated that some of the local revenue streams, particularly sales tax, would be negatively impacted by this order.
On March 27, 2020, the City Manager , acting in his capacity as the City’s Director of Emergency Services, issued Director of Emergency Services Order No. E-2020-01 (“Order”), Wildomar Municipal Code (“WMC”) section 2.32.060 and Section 4 of Resolution No. 2020-19 declaring a local emergency due to the COVID-19 pandemic author ize the Director of Emergency Services to issue rules and regulations on matters re asonably related to the protection of life and property as affected by the emergency. These regulations were confirmed by the City Council at its April 8, 2020 City Council meeting. The Order suspended the enforcement of certain provisi ons of the WMC and reduced or sus pended certain fee requirements. Fees reduced or suspended specially were as follows:
Reduces business registration fees by 50%, waives impact fees for accessory dwelling units, and waives application pr ocessing fees for the General P lan Initiation Process (GPIPs) and Pre-Application Reviews (PARs).
Waives the Business Registra tion requirement for annual stormwater inspections except for those “Priority Development Projects” where annual inspections are required.
As a proactive measure, the City staff prepared a series of cos t savings measures to be prepared for the impact of potential declines in sales tax, and the overall effect that the pandemic could have on the local economy.
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In addition to the potential declines in local revenues, the City saw a significant rise in its unemployment rates. In February 2020, prior to the pandemic, th e City of Wildomar’s unemployment rate was 3.8%. Two months later, at the height of the pandemic, the City’s unemployment rate was 15.2%. Many of the job losses were in sec tors that have been the hardest hit by the pandemic, retail, restaurant, and hospitalit y. As the restrictions were eased and businesses were able to at least partially re-open, the une mployment rate began to decrease, hitting 14.1% in June 2020, which was a dramatic increase of 427.3% from the 3.3% rate it was in June 2019. In June 2021 the unemployment rate 6.9%. In November 2021, which are the latest figures available from the Economic Development Department, showed the City’s unemployment rate at 5.0%.
In July 2020 the City was notifi ed that it would be receiving $ 459,103 in CARES Act Funding from the Federal Governm ent via the State of California . The funds were able to be used for direct costs from March 1
st to December 30th, covering the City’s responsibilities affected by the pandemic. As of June 30th, the City had spent $247,000 of the funding, with the remaining funds spent by December 30, 2020.
In June 2021 the City was notified that it would be receiving $ 8,905,968 in American Rescue Plan Act (ARPA) funding. The payments are to be received in two parts. The first payment of $4,452,984 was received in July 2021, with the second payment of the same amount anticipated to be received in July 2022. Eligible expenses began in March 2021, with all funding needing to be encumbered by December 2024, and all spending completed by December 2026.
The funding is to be spent as allowed by the U.S. Treasury’s Final Rule issued in January 2022, including the ability to select a $10 million standard re venue loss amount. The funding may also be spent on public health and economic impacts, premium pay for essential workers, and water, sewer, and broadband infrastructure. At the time of this report City staff was researching the best ways to appropriate the funds with recomme ndations going to the City Council at their March 2022 meeting.
Financial Reserves
This year’s budget for FY 2020-21 was year two of the City's f ourth two-year budget program. At fiscal year end, the General Fund revenues of $14, 877,760 and transfers in of $301,362 exceeded expenditures of $12,734,329 and transfers out of $0, for a net change in fund balance of $1,566,507. This resulted in an ending fund bal ance of $2,444,793, which is
19.2% of general fund expenditure s. The higher fund balance was due to increased sales tax revenues, increased license and permit activity, and lower fire service expenditures allocate to the General Fund due to the creation of enhanced Medic Squad services.
General Fund actual revenues were a net $0.4 million more than the adjusted budget.
The primary sources for the revenue received being more than bu dget are from a combination of the following:
Taxes were $0.3 million higher than budget due to the final am ounts received for fiscal year 2020-21 being higher than anticipated.
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Licenses, Permits and Development Related Project Reimbursemen ts were $0.1 million higher than budget, primarily due to an increase in activity at the end of the fiscal year.
General Fund actual expenditures were a net $1.1 million less than the adjusted budget.
The primary sources for the net expenditure reduction are as follows:
Public Safety was $1.1 milli on less than budgeted due to chang es in general service levels and increased enhanced services covered by Measure AA funding. City Manager’s Office was $0. 1 million lower than budget due to hours spent specifically working on the pandemic.
Administrative Services wer e $0.1 million higher than budgeted due to higher personnel and contractual services costs.
Long-term financial planning and initiatives
On November 6, 2018, the voters o f Wildomar approved Measure AA, a local sales tax.
Effective on April 1, 2019, Measure AA establishes a 1.0% transactions tax on the gross receipts of any retailer from the sale of tangible property sold within the city limits. In addition, an excise tax of 1.0% is imposed on the storage, use or other consumption within the city limits of Wildomar of tangible personal property purchased from any retailer. The revenue from this tax in the first full year was $3.0 million, and $4.3 million in its second full year. It is anticipated that the third year’s revenue will be approximately $3.5 million. The revenues are used to fund improvements for public safety services, r oads, homeless outreach, and other enhanced services to improve the quality of life in Wildomar.
The City of Wildomar City C ouncil approved on May 28, 2020, an Ordinance of the City Council of the City of Wildomar, California, to permit cannabis businesses to operate in the City, and adding Chapters 5.76 and 17.315 to the Wildomar Municipal C ode pertaining to cannabis business regulations. The ordinanc e became effective in July 20 20. The cannabis businesses will provide sales tax revenue as well as regulatory revenue fe es and public benefit fees to the City. Currently there are two cannabis businesses have begun operating in the City, with at least once additional cannabis business anticipate to begin operations before the end of the 2021-22 fiscal year.
The City will continue to focus its emphasis on controlled and fiscally balanced growth.
The City believes that with the appropriate policies in place, as approved and revisited each quarter as part of the budget program, the City's long term financial goals will be met. The City has taken many steps to control expenditure growth and these steps will continue to be reviewed.
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Relevant financial policies
The City has a set of financial policies that it abides by and is continually enhancing and adding relevant policies as it develops its formal financial sy stems. Initially following incorporation, the City adopted a ll Riverside County’s policies /codes. As the City develops its own unique needs, it will continue to create and tailor these f ormer County policies to directly address the City’s goals.
Current Year Initiatives
In April 2017, the City adopted the following Vision Statement:
“The City of Wildomar will be a Safe and Active Community with Responsible Growth and Quality Infrastructure While Keeping a Hometown Feel.”
In fiscal year 2021-22, the City will look to continue to meet the goals of the Vision Statement through the following initiatives:
Continue to provide quality service and information to the res idents and businesses in the City of Wildomar as we navigate through the effects of the COVID-19 pandemic. Utilize our Measure AA revenue to continue to keep residents a nd businesses safe through our enhanced law enforcement services, Fire Medic Squad , street repairs, and homelessness services.
To encourage responsible growth and development through variou s new and revised planning ordinances.
Pursue economic development through working with our consultan ts to bring new businesses to the City.
Continue to work on capital road projects, including Bundy Can yon Road and Clinton Keith Widening Project, which will provide greater access to the center of the City. Maintain City infrastruct ure and road improvements.
Provide sustained funding to add ress homelessness in Wildomar Ensure that new Cannabis establ ishments in the City provide safe reliable services to our community.
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FISCAL YEAR 2020-2021
STAFF DIRECTORY
CITY COUNCIL & CEMETERY DISTRICT TRUSTEES
M a y o r / C h a i r – D i s t r i c t 2 Dustin Nigg M a y o r P r o T e m / V i c e C h a i r – D i s t r i c t 1 Ben J. Benoit Council Member/Trustee – District 4 Bridgette Moore Council Member/Trustee – District 3 Joseph Morabito Council Member/Trustee – District 5 Marsha Swanson
EXECUTIVE MANAGEMENT
City Manager /General Manager Gary Nordquist
Assistant City Manager Dan York
C i t y A t t o r n e y Thomas Jex
C i t y C l e r k Janet Morales
Administrative Services Director/City Treasurer Robert Howell P u b l i c W o r k s D i r e c t o r / C i t y E n g i n e e r Dan York P l a n n i n g D i r e c t o r Matt Bassi
Economic Development Director Kimberly Davidson
C h i e f o f P o l i c e Andrew Elia
F i r e C h i e f Ty Davis
Parks, Community Services, & Cemetery District Manager Daniel Torres
CITY OF WILDOMAR CAFR TEAM
A d m i n i s t r a t i v e S e r v i c e s D i r e c t o r Robert Howell P r o j e c t C o n s u l t a n t James Riley
A d m i n i s t r a t i v e A n a l y s t I I Adam Jantz Accounting Specialist Nicholas Neidiffer
Residents of
Wildomar
Mayor and City
Council
Cemetery District
Board of Trustees
City Manager /
General Manager
Cemetery
Operations
Non-Departmental
Facilities
Community
Services
Parks
Public Works
Engineering
Public Safety
Police
Fire
Office of
Emergency
Management
Animal Control
City Clerk
Administrative
Services
Finance
Human Resources
Risk Management
Community
Development
Planning
Building & Safety
Development
Engineering
CDBG
Code Enforcement
Economic
Development
City Attorney
Measure AA
Oversight
Committee
Planning
Commission
Measure Z
Oversight
Committee
City of Wildomar - Organization Chart
The Organization chart presents the departments of the City, which are comprised of both City employed staff and contract staff. The staffing levels in each department above represent the City's positions. The remaining staff are contracted with various agencies or through municipal service firms. xi
Government Finance Officers Association
Certificate of
Achievement
for Excellence
in Financial
Reporting
Presented to
City of Wildomar
California
For its Annual Comprehensive
Financial Report
For the Fiscal Year Ended
June 30, 2020
Executive Director/CEO
xii
FINANCIAL SECTION
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Opinions
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Richard A. Teaman, CPA David M. Ramirez, CPA Javier H. Carrillo, CPA Bryan W͘Daugherty, CPA Joshua :͘Calhoun, CPA 4201 Brockton AveŶƵĞ Suite 100Riverside CA 92501 951.274.9500 d > 951.274.7828 FAX www.trscpas.com
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Management Discussion and Analysis FY 2020-21
3 MANAGEMENT'S DISCUSSION AND ANALYSIS
For the Year Ended June 30, 2021
As management of the City of Wildomar, we offer readers of the City's financial statements this narrative overview and analysis of the financial activities of the City for its thirteenth fiscal year of operation, which ended on June 30, 20 21. We encourage the reader to consider the informat ion presented here in conjunctio n with additional information that we have furnished in our letter of transmittal , which can be found on pages i through ix of this report, and with the City’s financial statements which follow this discussion.
THE FINANCIAL HIGHLIGHTS
When revenues exceed expenses, the result is an increase in n et position. When expenses exceed revenues, the result is a decrease in net position. You can think of this relationship between revenues and expenses as the City's operat ing results. You can think of the City's net position, as measured in the Statement of Net Position, as one way to measure the City's financial health, or financial position. Over time, increases or decreases in the City's net posit ion, as measured in the Statem ent of Activities, are one indicator of whether its financial health is improving or deter iorating. However, the City's goal is to provide services that improve the quality of life for our residents, not to generate profits as companies do.
The assets and deferred outflows of resources of the City of W ildomar exceeded its liabilities and deferred inflows of resources as o f June 30, 2021, by $51.8 million (net position).
The City of Wildomar’s asset and deferred outflows of resource s increased by $11.0 million in fiscal year 2020-21 over its liabilities an d deferred inflows of resources. The increa se is primarily attributed to t he following asset, liability, and deferred inflow changes:
o Assets - An increase of $4.9 million in cash and investments m ostly due from increases in the City’s General and Measure AA sales tax revenues.
o Assets – An increase of $0.4 million in Grant Receivables rela ted to capital projects that were completed in fiscal year 2019-20. o Assets – An increase of $0.5 million in Due from Other Governments related to the increase of taxes received in the 60-day period following the fiscal year.
Management Discussion and Analysis FY 2020-21
4 o Assets – An increase of $6.5 m illion in Capital Assets related t o construction of capital projects and Right-of-Way purchases. o Liabilities – An increase of $0.5 million in Accounts Payable related to the timing of invoices submitted and the increase in capital projects being worked on.
o Liabilities – Other payables inc reased by $0.9 million related t o additional deposits made for devel oper projects and unearned revenue.
o Liabilities – An increase of $0. 1 million in Noncurrent Liabil ities related to additional pension and Other Post-Employment Benefit s (OPEB).
The City of Wildomar's total net position increased by $11.0 m illion. The changes in net position are as follows:
o The Net Investment in Capital Assets increased by $6.5 million due to projects being completed in the fiscal year.
o The Restricted Net Position in creased by $1.5 million related to projects in Community Developments, Public Works, and Capital Projects.
o The Unrestricted Net Positi on increased by $3.0 million. The revenues in the Statement o f Activities increased a net $1 0.0 million.
The increases are as follows:
o A net increase in general rev enues of $2.2 million, related to the additional $1.6 million received in General and Measure AA sale s tax revenues sales taxes, an additional $0.3 million in propert y taxes, and an additional $0.1 million in SB130 Vehicle License Replacement fees.
o Program revenues increased $7.8 m illion due to the increase in capital projects by Public Works in FY 2020-21.
The expenses in the Statement of Activities increased a net $2. 0 million.
This is related to the following:
o An increase of $3.2 million due to an increase in Public Works Capital Projects in fiscal year 2020-21.
o An increase of $0.1 million in community development activities due to increased developer project work in fiscal year 2020-21. o A decrease of $0.2 million in gener al government activities due to lower overall general governmental expenses.
Management Discussion and Analysis FY 2020-21
5 o A decrease in public safety of $1.1 million due to increased co st efficiencies from fire and polic e restructuring their general s ervice hours and having more targeted law enforcement services based on the City’s needs.
OVERVIEW OF THE FINANCIAL STATEMENTS
This discussion and analysis is intended to serve as an introdu ction to the City of Wildomar's basic financial statements. These basic financial s tatements are comprised of three components:
1) Government-wide financial statements,
2) Fund financial statements, and
3) Notes to the financial statements.
This report also contains require d supplementary information and supplementary information in addition to the basic financial statements themselves.
Government-wide financial statements
As previously discussed, gover nment-wide financial statements detail all capital assets, including infrastructure, depreciation, and long-term d ebt. Specifically, these statements are designed to provide an expansive overview of the City’s finances. Given its scope, and in an effort to adequately present this data in a comprehensible format, the government-wide financial statements are divided into two subcategories, the Statement of Net Position and the Statement of Activities. These statements reasonably provide long and short-term information regarding the City’s financial condition.
The City’s statements provide a manageable yet comprehensive view of the City’s economic position, appropriately accounting for all revenue and expenses during the specified fiscal year. To accomplish this, government-wide fina ncial statements are reported utilizing the flow of ec onomic resources (cost of serv ices) measurement focus and the accrual method of accounti ng. Using the flow of economi c resources measurement focus allows the City to provide financial transparency insofar as all assets and liabilities are listed on the Statement of Net Position. Th e added use of the accrual basis of accounting allows the City a ‘real-time’ advantage as revenues are recognized when earned and expenses are recognized when incurred.
The Statement of Net Position outlines the City’s assets, deferred outflows of resources, liabilities, and deferred inflows of resources with the difference reported as net position. While fluctuations are expected, over time increases or decreases in the City’s Management Discussion and Analysis FY 2020-21
6 net position could be used to gauge the City’s financial standi ng in order to ascertain whether it is improving or deteriorating.
The Statement of Activities demonstrates how the City’s net position evolves during the current fiscal year. Sp ecifically, this statement provides comparative analysis between direct expenses and program revenues for each functional activity of the City. In this format, net position changes are recorded in real time whe n triggered by underlying events without respect to the timing of the related cash flows. Because of this, it is expected that revenue and expenses f or some items (such as unco llected taxes and earned but unused vacation leave) will result in recorded cash flows in future fiscal periods.
Combined, the Statements reveal functions of the City that can be divided into two categories:
1 ) G o v e r n m e n t a l a c t i v i t i e s , and 2 ) B u s i n e s s - t y p e a c t i v i t i e s .
Governmental activities are chiefly supported by:
a) Taxes derived from such sources as sales tax, property tax, and franchise tax, and:
b) Intergovernmental revenues such as motor vehicle in-lieu fees.
Governmental activities of the City are inclusive of general g overnment, public safety, public works, community development, economic developme nt, and culture and recreation. As mentioned earlier , tax revenue principally funds these activities.
Consequently, a good portion of the City’s basic services is reported in this category.
The City does not have any business-type activities.
The government-wide financial st atements include the City (Primary Government) and the Wildomar Cemetery Distric t, which is a legally separate , discretely presented component unit. Financial informati on for the Wildomar Cemetery District is reported separately from the financial in formation presented for the Cit y. The government-wide financial statements can be found in the Table of Contents unde r Basic Financial Statements.
Fund Financial Statements
A fund is a grouping of related accounts that is used to maintain cont rol over resources that have been segregat ed for specific activities or objectives. The City of Wildomar, like other state and lo cal governments, uses fund acc ounting to ensure and Management Discussion and Analysis FY 2020-21
7 demonstrate compliance with finance-related legal requirements. Specifically, these Fund Financial Statements cover segregated groupings of related accounts whose funds have been designated for specific activities or purpose. They provide a detailed accounting of revenue and expenditures, assets, liabilities, deferred inflows of resources, and remaining fund balances for each fund. This helps to ensure and demonstrate finance related legal compliance.
Fund financial statements differ from activity reports due to the way capital outlay, depreciation, long-term debt, compensated absences, unavailable r e v e n u e s , a n d intergovernmental receivables are reported. The impact of these differences is laid out in the notes accompanying the financial statements.
Funds required by State law (i.e., Highway Users Tax) are part of the fund financial statements. Likewise, other funds (i.e., Developer Impact Fees, and Grants) established to provide the City with tighter fiscal controls and accountabi lity are itemized on these statements.
Governmental funds
G overnmental funds are reported in essentially t he same way as governmental activities in the government-wide financial statements with an exception---governmental fund financial statements focus on near-term inflows and outflows of spendable resources and balances of spendable resources. This means governmental fu nd financial statements identify current sources and uses of money within th e immediate fiscal year.
Benefits derived include a detailed short-term view of the City’s general government operations and the basic services it provides, which assist in determining whether there are sufficient financial resources available to meet the City’s current needs.
Since the scope of the governmental funds is different than th at of the government- wide financial statements, it is beneficial to comparatively examine information presented for the governmental funds with information presented for gover nmental activities in the government-wide financial statements.
The reader gains a clearer picture of the long-term impacts cur rent financial decisions might yield. When examined together, the governmental funds Balance Sheet and Statement of Revenues, Expenditures, and Changes in Fund Ba lances provide the reader with a different snapshot t hat identifies variances betw een the two different methodologies of accounting for governmental activities and governmental funds.
The City of Wildomar maintains 60 individual governmental fund s. Information is summarized in the governmental fund balance sheet and in the go vernmental fund statement of revenues, expenditures, and changes in fund balances for the General Fund, Management Discussion and Analysis FY 2020-21
8 Special Revenue Funds and Other G overnmental Funds (Assessment Districts, Debt Service and Capital Reinvestment). Data from the 60 governmental funds are combined into a single, aggregated presentation. Individual fund data for each of the major and non- major governmental funds is provided in the form of combining statements later in this report.
Proprietary funds record revenues when they are earned and record expenses at the time liabilities are incurred. Proprietary funds can be div ided into two fund types:
enterprise funds and internal ser vice funds. Enterprise funds display financial activities operating in a similar fashion to a business enterprise. Specif ically, these funds account for services for which the City charges a user fee. Enterprise funds are documented in the business-type activities section of the governmental-wide financial statements. They account for operations that provide services primarily to custo mers outside the financial reporting entity (the City). The City of Wildomar does not have any Proprietary Funds to report.
Internal service funds are generally used to accumulate and allocate costs internally among the City’s various functions. These funds might include general benefits and insurance, duplicating and pr inting, office maintenance, ar chitectural services, and information technology, to name a few. Given these services largely benefit governmental activities rather than business-type functions, City services t hat might ordinarily be reported in this area have been included with governmental activities in the government- wide financial statements. The City of Wildomar does not have any Internal Service Funds to report.
The City of Wildomar adopts a bi-annual appropriated budget for its general fund, with a revision made for the second year of the budget if neces sary. A budgetary comparison statement has been provided for the general fund to demonstrate compliance with this budget.
The basic governmental fund fi nancial statements can be found on pages 22 through 27 of this report.
Notes to the Basic Financial Statements
The Notes to the Basic Financia l Statements provide additional information that is essential to a full understanding of the data provided in the g overnment-wide and fund financial statements. The Notes to the Basic Financial Statemen ts can be found in the Table of Contents under the heading Notes to Financial Statements.
Management Discussion and Analysis FY 2020-21
9 Required Supplementary Info rmation and Supplementary Information
In addition to the basic financial statements and included wi thin the notes, this report also presents Required Supplementary Information and Sup plementary Information.
Required supplementary information includes budgetary comparison schedules for the major governmental funds to demonstrate compliance with the annual budget as adopted and amended, miscellaneous pension plan information, sc hedule of funding process relating to OPEB and notes to required supplementary in formation. Required Supplementary Information can be found following the Notes to t he Basic Financial Statements.
Supplementary Information inclu des combining statements referre d to earlier in connection with non-major governmental funds and includes budge tary comparison schedules for the non-major governm ental funds to demonstrate c ompliance with the annual budget as adopted and amended. Supplementary Information can be found following the Required Supplementary Information.
GOVERNMENT-WIDE FINANCIAL ANALYSIS
As noted earlier, net position ma y serve over time as a useful indicator of a government's financial position. In the case of the City of Wildomar, assets and deferred outflows of resources of the City of Wildomar exceeded its liabilities and deferred inflows of resources as of June 30, 2021, by $51.8 million (net position). Infrastructure assets of the governmental activities are included within this report. Th e general capital assets (e.g., land, buildings, machiner y, infrastructure, and equipmen t) of the governmental activities of the City of Wildomar are the largest portion of the City's net position (76%).
During the fiscal year ended June 30, 2021, net position was $51.8 million of which $37.6 million is invested in capital assets such as land, equipment, buildings, and infrastructure.
Of the remaining total, $9.1 m illion is restricted to specifica lly stipulated spending agreements originated by law, cont ract, or other agreements and $5.0 million is unrestricted. Of note is the fa ct that the City has only $1.5 m illion in outstanding debt related to the lease-purchase of the city’s streetlights from Southern California Edison.
Management Discussion and Analysis FY 2020-21
10 Table 1 Statement of Net Position - Primary Government
2021 2020
Assets:
Current and other assets 22,518,045 $ 16,649,364 $ Capital assets 39,183,859 32,698,689
Total Assets 61,701,904 49,348,053
Deferred Outflows of Resources
Deferred pension‐related items 384,090 340,323 Total deferred outflows of resources 384,090 340,323 Liabilities:
Other Liabilities 7,753,058 6,408,669
Long‐term liabilities 2,319,323 2,247,446 Total Liabilities 10,072,381 8,656,115
Deferred inflows of resources:
Deferred pension‐related items 1,914 3,660 Deferred OPEB‐related items 241,530 271,721 Total Deferred Inflows of Resources 243,444 275,381 Net Position:
Net Investment in Capital Assets 37,642,188 31,157,018 Restricted 9,113,333 7,579,845
Unrestricted 5,014,648 2,020,017
Total Net Position 51,770,169$ 40,756,880 $
City of Wildomar
Statement of Net Position ‐ Summary
For the Years Ended June 30,
Governmental Activities
Management Discussion and Analysis FY 2020-21
11 Table 2 Statement of Activities - Primary Government
2021 2020
Revenues:
Program Revenues
Charges for Services 4,493,154 $ 3,460,880 $ Operating Grants and Contributions 4,174,241 3,426,597 Capital Grants and Contributions 7,851,995 1,812,906 General Revenues
Property Taxes 4,875,249 4,608,569
Sales Tax 6,695,060 5,054,702
Other Taxes 4,288,574 3,964,193
Use of Money and Property 38,793 109,658 Other Revenues 133,698 68,075
Total Revenues 32,550,764 22,505,580
Expenses:
General Government 2,827,798 3,061,012
Public Safety 7,983,251 9,104,994
Community Development 2,407,683 2,270,421 Ecomomic Development 212,698 166,124
Culture and Recreation 936,156 908,428 Public Works 7,124,538 3,953,145
Interest on Long‐term Interest 45,351 118,152 Total Expenses 21,537,475 19,582,276
Increase (decrease) in Net Position 11,013,289 2,923,304 Beginning Net Position 40,756,880 37,833,576 Restatement of Net Position ‐ ‐ Ending Net Position 51,770,169$ 40,756,880 $
City of Wildomar
Statement of Activities
For the Years Ended June 30,
Governmental Activities
Management Discussion and Analysis FY 2020-21
12 City of Wildomar
Expenses-Governmental Activities – $21,537,475
General
Government
$2,827,798
Public Safety
$7,983,251
Community
Development
$2,407,683
Public Works
$7,124,538
Economic
Development
$212,698
Culture and
Recreation
$936,156
Interest on Long‐
term Debt
$45,351
Other
$1,194,205
EXPENSES
City of Wildomar
Program Revenues-Governmental Activities - $16,519,390
General
Government
$1,736,134
Public Safety
$260,580
Community
Development
$2,635,872
Public Works
$11,883,897
Economic
Development
$0
Culture and
Recreation
$2,907
I
Other
$2,907
PROGRAM REVENUES
Management Discussion and Analysis FY 2020-21
13 City of Wildomar
Revenues by Sources-Governmental Activities - $32,550,764 Charges for
Services,
4,493,154 , 14%
Operating Grants and
Contributions, 4,174,241 ,
13%
Capital Grants and
Contributions,
7,851,995 , 24%
Property
Taxes,
4,875,249 ,
15%
Sales Tax, 6,695,060
, 20%
VLF Replacement Funding
‐ SB130, 2,837,391 , 9%
Franchise Taxes,
1,206,707 , 4%
Other Taxes,
244,476 , 1% Investment Earnings,
38,793 , 0%
Other,
133,698 ,
0%Other, 1,623,674 , 5%
Financial Analysis of Governmental Funds
As noted earlier, the City of Wil domar uses fund accounting to ensure and demonstrate compliance with finance–related legal requirements.
Governmental Funds
As stated, governmental fund fi nancial statements identify cur rent sources and uses of money. Benefits derived include a detailed short-term view of the City’s general government operations and the basic services it provides, which assists in determining whether there are sufficient financial resources available to meet the City’s current needs.
The financial position of the City’s governmental funds has in creased when compared to the previous fiscal year. The total ending fund ba lance for the City’s governmental funds was $13.9 m illion which represented a $4.1 m illion or a 41.5% increase from the prior fiscal year balance.
The General Fund is the primarily funding source for the City. At fiscal year end, the unassigned fund balance of t he general fund was $2.4 millio n or 19.2% of the City's general fund expenditures of $12.7 million. This is an increase of $1.6 million in the general fund ending fund balance. Although revenues for intergovernmental, charges for services, fines and forfeitures, use of money, and miscellaneous revenues were up $1.5 million, property taxes, sales taxes, and licenses and permits were down $0.1 million for Management Discussion and Analysis FY 2020-21
14 net change in revenues of $1.4 milli on. Expenditures in public safety decreased by $1.1 million, general government increased by $0.1 million, community development increased by $0.1 million, and economic devel opment, culture & recreation , public works, and capital outlay had a combined increase of $0.1 million for a net decrease in expenditures of $0.7 million. The transfers into the General Fund decreased by $69,000 completes the offset of the decreased expenditures.
Other major factors in fund balance changes were as follows:
Development Impact Fee Funds
These funds are used to record the capital expenditures of various improvements needed to meet the increased demands a ssociated with new develo pment, primarily residential. Capital facility expansions are pre-determined and are constructed when the collected fees fully fund the impr ovement. During fiscal year 2020-21, fund balance increased to $6.5 million related to revenues of $1.3 million offset by $0.2 million in capital improvements & cost allocation and $0.1 million in transfers out.
Measure AA Fund
These funds are raised by the 1.0% transactions tax approved b y the voter of Wildomar on November 6, 2018. The tax is on gross receipts of any retailer from the sale of tangible property sold within t he city limits. It is also im posed on the storage, use or other consumption within the city limits of Wildomar of tangibl e personal property purchased from any retailer. The tax became effective on April 1, 2019, and generated a fund balance at June 30, 2019 and 202 0 of $0.6 million and $1.9 respectfully. During fiscal year 2020-21, Measure AA’s second full year, revenues of $4.3 million were generated, offset by expenditures o f $2.9 million, increasing t he fund balance by $1.4 million to end the fiscal year at $3.3 million.
Grant Funds
These funds are typically applied for through various Federal, State, Regional, and Local agencies and are awarded based on the criteria established by the agency funding the grant. All funds are to be used in accordance with the rule s and regulations established for each grant. In fiscal year 2020-21 the City of Wildomar received major grant funds for the CARES Act and for its Bundy Canyon Road Cap ital Improvement Project. The City also received smaller grants that covered a v ariety of areas. In total, during fiscal year 2020-21 the City received grant funds of $1. 7 million offset by $2.2 million in grant expenditures, decreasing the fund balance by $0.5 million to -$0.9 million.
The fund balance is in the negative due to the timing of the re imbursement requests for the Bundy Canyon Road Capital Improvement Project.
Management Discussion and Analysis FY 2020-21
15 General Fund Financial Highlights
General Fund original vs. final budget significant changes wer e as follows:
Revenues:
Taxes increased $0.6 million prim arily related to increased Me asure AA revenues.
Licenses and Permits decreased $0.1 million due to the final b uilding permit activity and private development fees amounts being lower than projected.
Expenditures:
City Manager’s Office decreased less of $0.1 million due to di rect work on the COVID-19 pandemic that were paid by CARES Act funding. City Attorney’s Office decreased $0.2 million due to the legal services for various issues being charged to specific cost centers.
Administrative Services incr eased by $0.2 million due to staff promotions and additional positions in the department
Non-departmental increased nearly $0.2 million due to increase s in contractual & professional services for the City and additional software & hardware needs
Police and Fire services decreased a combined $0.2 million due t o increased cost efficiencies from restructuring their general se rvice hours and having more targeted law enforcement services based on the City’s needs.
Community Development combined increased by more than $0.5 mil lion due to overall increased activity during fiscal year 2020-21.
General Fund actual revenues were a net $261,000 more than the final budget.
The primary sources for the revenue received being more than bu dgeted are as follows:
Taxes received were $280,000 mo re than the final budget, primarily due to increase sales taxes received.
License and Permits were $87,000 more due to increased activit y at the end of the fiscal year.
Intergovernmental, Charges for Se rvices, and Fines & Forfeitures received were a combined $13,000 lower than budgeted due to lower than anticipated reimbursements from other governments.
Use of Money & Property and Mi scellaneous revenues were $70,000 more than budgeted related to lower int erest rates and an increase i n miscellaneous items received.
Management Discussion and Analysis FY 2020-21
16 Transfers In were $163,000 less than budgeted due to lower all ocated costs to the other funds.
General Fund actual expenditures were a net $1.1 million less t han the final budget. The primary source for the net expenditure decrease is as follows:
Police and Fire Services were a combined $1.1 million under bu dget due to increased cost efficiencies from restructuring their general se rvice hours and having more targeted law enforcement services based on the City’s needs.
CAPITAL ASSETS AND DEBT ADMINISTRATION
Capital Assets
The City’s investment in capital assets (Table 3) for its governmental activities as of June 30, 2021, is $39.2 million (net of accumulated deprecia tion). This investment in capital assets includes land, s tructures and improvements, furn iture and equipment, infrastructure, and construction in progress. For more information, please refer to Note 5 in the Notes to Financial Statem ents. The Capital Assets of the City are those assets which are used in the performance of the City’s functions including infrastructure assets.
Depreciation on capital assets is recognized in the Government- wide financial statements.
Additional detail information is provided on Capital Assets in the Notes to Financial Statements, Note 1.d.
In accordance with GASB Statement No. 34, the City has reported all general infrastructure assets.
Management Discussion and Analysis FY 2020-21
17 Table 3 Summary of Changes in Capital Assets
Beginning
Balance Additions Deletions
Ending
Balance
Governmental Activities:
Capital Assets, not being depreciated:
Land 3,032,101 $ ‐ $ ‐ $ 3,032,101$ Construction in Progresss 4,603,426 2,912,994 (839,996) 6,676,424 Right‐of‐Way 3,792,492 167,537 ‐ 3,960,029 Total Capital Assets, Not Being Depreciated 11,428,019 3,080,531 (839,996) 13,668,554 Capital Assets, being depreciated
Buildings and Improvements 7,545,145 ‐ ‐ 7,545,145 Furniture. Fixtures and Equipment 213,887 27,493 ‐ 241,380 Streetlights 1,440,417 465,000 ‐ 1,905,417 Traffic Signals 251,824 ‐ ‐ 251,824 Infrastructure 50,268,262 6,028,210 ‐ 56,296,472 Total Capital Assets, Being Depreciated 59,719,535 6,520,703 ‐ 66,240,238 Less Accumulated Depreciation for:
Buildings and Improvements (2,996,276) (259,403) ‐ (3,255,679) Furniture. Fixtures and Equipment (140,390) (99,989) ‐ (240,379) Streetlights (89,253) (37,908) ‐ (127,161) Traffic Signals (90,890) (12,592) ‐ (103,482) Infrastructure (35,132,056) (1,866,176) ‐ (36,998,232) Total Accumulated Depreciation (38,448,865) (2,276,068) ‐ (40,724,933) Total Capital Assets, being Depreciated, Net 21,270,670 4,244,635 ‐ 25,515,305 Governmental Activities Capital Assets, Net 32,698,689$ 7,325,166 $ (839,996) $ 39,183,859 $ City of Wildomar
Summary of Changes in Capital Assets
For the Year Ended June 30, 2021
Management Discussion and Analysis FY 2020-21
18 Long-term Debt
At year end, the City had $1,654, 231 in outstanding long-term d ebt for Governmental Activities. This debt is related to a lease-purcha se for streetlights and for compensated absences. For more information, please refer to Note 6 in the Notes to the Financial Statements. Additional detailed information is provid ed on long-term debt in Note 1d of the Notes to the Financial Statements.
Table 4 Summary of Changes in Long-Term Liabilities
Beginning
Balance Additions Deletions
Ending
Balance
Within
One Year
Governmental Activities:
Compensated Absences 158,279 $ 71,119 $ (39,570) $ 189,828$ 107,802 $ Direct Borrowing:
Loan Payable 1,541,671 ‐ (77,268) 1, 464,403 81,330 Total Long‐term Liabilities 1,699,950$ 71,119 $ ( 116,838)$ 1, 654,231$ 189,132 $ City of Wildomar
Summary of Changes in Long‐term Liabilities
For the Years Ended June 30, 2021
ECONOMIC FACTORS AND OUTLOOK FOR FUTURE YEARS
Key budget assumptions for forecasting General Fund revenues in clude for fiscal year 2021-22 and beyond are the following:
The continual effects locally of the COVID-19 Pandemic and how it affects the City’s sales taxes and other revenues and expenses in the near and long-term. Residential property values are i ncreasing, which will be refl ected in higher property taxes.
The addition of Cannabis businesse s to the local revenues. A review of certain areas of t he City’s fee schedule, such as Fire fees, to be completed in fiscal year 2021-22, which will possibly bring increased revenues to the City once implemented.
On November 6, 2018, voters approved Measure AA. Effective on April 1, 2019, Measure AA established a 1.0% transactions tax on the gross receipts of any retailer from the sale of tangible property sold within the city limits. In addition, an excise tax of 1.0% is imposed on the storage, use or other consum ption within the city limits of Wildomar of tangible personal property (i.e., vehicles ) purchased from any retailer within California. The revenue from this tax in the second full year was $4.3 million, and it is anticipated that the third year’s revenue will be approx imately $3.5 million. The re venues are used to fund improvements for public safety services, roads and homeless outreach.
Management Discussion and Analysis FY 2020-21
19 The Adopted Operating Budget for F iscal Year 2021-22 is structu rally balanced, addresses some of the City Council’s priorities, and attempts t o balance achievement of community needs and accomplishment of the Council’s goals and objectives.
REQUESTS FOR INFORMATION
This financial report is designed to provide a general overview of the City of Wildomar'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 financial information should be addressed to:
City of Wildomar
Attention: Administrative Services Director
23873 Clinton Keith Road, Suite 201
Wildomar, California 92595
General information relating to the City of Wildomar, California, can be found at the City's website, www.cityofwildomar.org.
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BASIC FINANCIAL STATEMENTS
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Primary Component
Government Unit
Governmental Wildomar
Activities Cemetery District
ASSETS
Cash and Investments 17,763,646 $ 1,342,720 $
Restricted Cash and Investments 162,232 281,809 Receivables:
Accounts 158,168 -
Developer 788,760 -
Grants 1,430,113 -
Accrued Interest 2,991 -
Due from Other Governments 2,212,135 24,619 Inventories - 4,393
Capital Assets, Not Being Depreciated 13,668,554 963,390 Capital Assets, Net of Depreciation 25,515,305 18,162 Total Assets 61,701,904 2,635,093
DEFERRED OUTFLOWS OF RESOURCES
Pension Related Items 327,767 42,190
OPEB Related Items 56,323 -
Total Deferred Outflows of Resources 384,090 42,190
LIABILITIES
Accounts Payable 3,518,910 11,073
Accrued Liabilities 147,837 31,469
Unearned Revenue 778,342 -
Deposits Payable 3,086,505 129,220
Due to Other Governments 86,343 -
Accrued Interest Payable 6,334 -
Noncurrent Liabilities:
Due Within One Year 189,132 3,103
Due in More Than One Year
Other Long-term Liabilities 1,465,099 9,308 Net Pension Liability 268,295 209,178
Net OPEB Liability 525,584 -
Total Liabilities 10,072,381 393,351
DEFERRED INFLOWS OF RESOURCES
Pension Related Items 1,914 15,321
OPEB Related Items 241,530 -
Total Deferred Inflows of Resources 243,444 15,321
NET POSITION
Net Investment in Capital Assets 37,642,188 981,552 Restricted:
Community Development Projects 6,487,516 - Parks and Recreation 226,671 -
Public Works 490,110 -
Capital Projects 1,758,079 -
Debt Service 150,957 -
Cemetery Trust - Nonexpendable - 281,809 Unrestricted 5,014,648 1,005,250
Total Net Position 51,770,169 $ 2,268,611 $
City of Wildomar
Statement of Net Position
June 30, 2021
The accompanying notes are an integral part of this statement. 20 THIS PAGE INTENTIONALLY LEFT BLANK
Primary Component
Government Unit
Charges Operating Capital Wildomar
for Grants and Grants and Governmental Cemetery
Expenses Services Contributions Contributions Activities District Governmental Activities:
General Government 2,827,798$ 1,375,137 $ 360,997 $ - $ (1,091,664)$ Public Safety 7,983,251 103,853 156,727 - (7,722,671) Community Development 2,407,683 2,162,593 473,279 - 228,189 Economic Development 212,698 - - - (212,698) Culture and Recreation 936,156 2,907 - - (933,249) Public Works 7,124,538 848,664 3,183,238 7,851,995 4,759,359 Interest on Long-term Debt 45,351 - - - (45,351) Total Governmental
Activities 21,537,475 $ 4,493,154 $ 4,174,241 $ 7,851,995 $ (5,018,085) Component Unit:
Wildomar Cemetery District 704,693$ 72,740 $ - $ - $ (631,953) $ Total Component Unit 704,693 $ 72,740 $ - $ - $ (631,953) General Revenues:
Taxes:
Property Tax, Levied for General Purpose 4,875,249 597,345 Sales Tax 6,695,060 -
Franchise Taxes 1,206,707 -
VLF Replacement Funding - SB130 2,837,391 -
Other Taxes 244,476 -
Investment Earnings 38,793 6,030
Other 133,698 2,445
Total General Revenues 16,031,374 605,820
Change in Net Position 11,013,289 (26,133)
Net Position - Beginning of Year 40,756,880 2,294,744 Net Position - End of Year 51,770,169 $ 2,268,611 $ Program Revenues
Changes in Net Position
Net (Expenses) Revenues and
City of Wildomar
Statement of Activities
For the Year Ended June 30, 2021
The accompanying notes are an integral part of this statement. 21 Development
General Impact Fees Measure AA
ASSETS
Pooled Cash and Investments 9,268,792 $ 6,497,563 $ - $ Restricted Cash and Investments - - - Receivables:
Accounts 148,700 - -
Developer 788,760 - -
Grants - - - Accrued Interest 2,988 - - Due from Other Governments 807,696 - 977,603 Due from Other Funds 40,620 1,714,627 2,837,459 Total Assets 11,057,556 $ 8,212,190 $ 3,815,062 $
LIABILITIES
Accounts Payable 2,196,258 $ 131,591 $ 539,622 $ Accrued Liabilities 120,336 - - Unearned Revenues 122,866 655,476 - Deposits Payable 3,086,505 - - Due to Other Governments 86,343 - - Due to Other Funds 3,000,455 937,607 - Total Liabilities 8,612,763 1,724,674 539,622
DEFERRED INFLOWS OF
RESOURCES
Unavailable Revenues - Intergovernmental - - - Total Deferred Inflows of
Resources - - -
FUND BALANCES
Restricted for:
Community Development Projects - 6,487,516 - Culture and Recreation - - - Public Works - - - Capital Projects - - - Debt Service - - - Committed - - 3,275,440 Unassigned 2,444,793 - - Total Fund Balances 2,444,793 6,487,516 3,275,440 Total Liabilities, Deferred Inflows of
Resources and Fund Balances 11,057,556 $ 8,212,190 $ 3,815,062 $ Special Revenue
City of Wildomar
Balance Sheet
Governmental Funds
June 30, 2021
The accompanying notes are an integral part of this statement. 22 Special Revenue Other Total
Governmental Governmental
Grants Funds Funds
39,080$ 1,958,211 $ 17,763,646 $
- 162,232 162,232
9,468 - 158,168
- - 788,760
1,370,950 59,163 1,430,113
- 3 2,991
- 426,836 2,212,135
10,309 1,303,404 5,906,419
1,429,807$ 3,909,849 $ 28,424,464 $
440,140$ 211,299 $ 3,518,910 $
- 27,501 147,837
- - 778,342
- - 3,086,505 - - 86,343
906,188 1,062,169 5,906,419
1,346,328 1,300,969 13,524,356
1,028,571 16,308 1,044,879
1,028,571 16,308 1,044,879
- - 6,487,516 - 226,671 226,671 - 490,110 490,110 - 1,758,079 1,758,079 - 150,957 150,957 - - 3,275,440 (945,092) (33,245) 1,466,456
(945,092) 2,592,572 13,855,229
1,429,807$ 3,909,849 $ 28,424,464 $
The accompanying notes are an integral part of this statement. 23 Fund Balances of Governmental Funds 13,855,229 $
Amounts reported for governmental activities in the Statement of Net Position are different because:
Capital assets net of depreciation have not been included as financial resources in government fund activity. 39,183,859
Accrued interest is not due and payable in the current period and, therefore, is not (6,334) reported in the governmental funds.
Long-term liabilities and compensated absences that have not been included in the governmental fund activity.
Compensated Absences (189,828)
Loan Payable (1,464,403)
Net Pension Liability (268,295)
Net OPEB Liability (525,584)
Deferred outflows and inflows of resources related to pensions and OPEB that are required to be recognized over a defined closed period.
Pension Related Deferred Outflows of Resources 327,767
Pension Related Deferred Inflows of Resources (1,914)
OPEB Related Deferred Outflows of Resources 56,323
OPEB Related Deferred Inflows of Resources (241,530)
Revenues reported as unavailable revenue in the governmental funds are recognized in the statement of activities. 1,044,879
Net Position of Governmental Activities 51,770,169 $
City of Wildomar
Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Position
June 30, 2021
The accompanying notes are an integral part of this statement. 24 THIS PAGE INTENTIONALLY LEFT BLANK
City of Wildomar
Statement of Revenues, Expenditures and Changes in Fund Balances Governmental Funds
For the Year Ended June 30, 2021
Special Revenue
R
EXPENDITURES
Current:
General Government 2,591,479 8,908 5,261
Public Safety 7,155,497 - 2,070,555
Community Development 2,293,275 - -
Economic Development 208,732 - -
Culture and Recreation 53,761 19,990 199,837
Public Works 431,260 81,456 495,104
Capital Outlay 325 107,169 167,969
Debt Service:
Principal Retirement
-
-
-
Interest Expense - - -
Total Expenditures 12,734,329 217,523 2,938,726 Excess (Deficiency) of Revenues Over
(Under) Expenditures
1,265,145
1,124,601
1,363,862
OTHER FINANCING SOURCES (USES)
Transfers In
301,362
-
-
Transfers Out - (66,127) -
Total Other Financing Sources (Uses) 301,362 (66,127) - Net Change in Fund Balances 1,566,507 1,058,474 1,363,862 Fund Balances - Beginning of Year 878,286 5,429,042 1,911,578 Fund Balances - End of Year $ 2,444,793 $ 6,487,516 $ 3,275,440
The accompanying notes are an integral part of this statement. 25 General
Development
Impact Fees
Measure AA
EVENUES
Taxes $ 8,684,121 $ - $ 4,299,827
Licenses and Permits 2,185,629 - -
Intergovernmental 2,873,161 - -
Charges for Services 17,786 - -
Fines and Forfeitures 84,020 - -
Use of Money and Property 21,002 8,908 2,761
Developer Participation - 1,333,216 -
Miscellaneous 133,755 - -
Total Revenues
13,999,474
1,342,124
4,302,588
Special Revenue Other Total
Grants
Governmental
Funds
Governmental
Funds
$ - $ - $ 12,983,948
- - 2,185,629
1,707,540 4,081,839 8,662,540
- 176,159 193,945
- - 84,020
55 6,071 38,797
- - 1,333,216
- - 133,755
1,707,595 4,264,069 25,615,850
105,135 3,649 2,714,432
53,046 102,757 9,381,855
114,408 - 2,407,683
3,966 - 212,698
34,881 397,775 706,244
350,244 2,607,191 3,965,255
1,525,466 209,598 2,010,527
- 77,268 77,268
- 79,023 79,023
2,187,146 3,477,261 21,554,985
(479,551)
786,808
4,060,865
-
-
301,362
(1,783) (233,452) (301,362)
(1,783) (233,452) -
(481,334) 553,356 4,060,865
(463,758) 2,039,216 9,794,364
$ (945,092) $ 2,592,572 $ 13,855,229
The accompanying notes are an integral part of this statement. 26 Net Change in Fund Balances - Total Governmental Funds 4,060,865 $ Amounts reported for governmental activities in the statement of activities are different because:
Governmental funds report capital outlays as expenditures. However, in the statement of activities, the costs of those assets is allocated over their estimated useful lives as depreciation expense. This is the amount by which capital outlays exceeded depreciation in the current period.
Capital Outlay 2,268,028
Depreciation (2,276,068)
Donations of capital assets increase net position in the statement of activities, but do not appear in the governmental funds because they are not current financial resources. 6,493,210 The issuance of long-term debt provides current financial resources to governmental funds. Repayment of long-term debt is an expenditure in governmental funds, but repayment reduces long-term liabilities in the statement of net position.
Principal Paid on Loan Payable 77,268
Some expenses reported in statement of activities do not require the use of current financial resources and therefore are not reported as expenditures in the governmental funds:
Net Change in Accrued Interest Payable 33,672
Net Change in Compensated Absences (31,549)
Net Change in Net Pension Liability (58,968)
Net Change in Net OPEB Liability (70,577)
Net Change in Pension Deferred Outflows and
Inflows of Resources 18,974
Net Change in OPEB Deferred Outflows and
Inflows of Resources 56,730
Revenues reported as unavailable revenue in the governmental funds are recognized in the statement of activities. 441,704
Change in Net Position of Governmental Activities 11,013,289 $ City of Wildomar
Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities
For the Year Ended June 30, 2021
The accompanying notes are an integral part of this statement. 27 City of Wildomar
Notes to Financial Statements
June 30, 2021
28 I.) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
1) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
a. Description of the Reporting Entity
The City of Wildomar, California (City) was incorporated on Ju ly 1, 2008, under the laws of the State of California and enjoys all the rights and privileges pertaining to “General Law” cities. The City is governed by an elected five-member board. As required by generally accepted accounting principles, these financial statements present the City (the primary government) and its component units.
Component Units
Component units are legally separate organizations for which th e elected officials of the primary government are financially accountable. An agency, institution or authority, may be included as a component unit in the primary gove rnment's financial statements . Blended component units, although legally separate entities, are, in substance, part of the gover nment's operations and so data from these units are combined with data of the primary government. A disc retely presented component unit, on the other hand, is reported in a separate column in the combined fi nancial statements to emphasize it is legally separate from the government. There is one discretely presented component unit in these financial statements. There are no blende d component units presented in the financial statements. The governing body of the component unit are comprised of the City Council ac ting as the governing board and the services they provide directly to citizens or other parties out side the government. The discretely presented component unit presented has a June 30 year end. The following is reported as a discretely presented component unit.
Wildomar Cemetery District - The Wildomar Cemetery District wa s absorbed into the City on November 9, 2011 and was consolidated into the City as a subsidiary district. Its purpose is to provide cemetery services to residents of the City of Wildomar. The operations of the District are discretely presented in the financial statements as the structure of the District is a separate legal entity and the City Council would oversee the operations of the District acting as the Board of Directors. A component unit financial statement may be obtained from the City of Wildomar.
b. Government-wide and Fund Financial Statements
The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the activities of the primary government and its component units. For the most part, the effect of interfund activity has been removed from th ese statements. Governmental activities are normally supported by taxes and intergovernmental revenues.
T h e S t a t e m e n t o f A c t i v i t i e s d e m o n s t r a t e s t h e d e g r e e t o w h i c h the direct expenses of a given function or segment, are offset by program re venues. Direct expenses are t hose that are clearly identifiable with a specific function or segment. Program revenues include: 1) cha rges to customers or applicants who purchase, use, or directly benef it from goods, services, or pri vileges provided by a given function or segment, and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular f unction or segment. Taxes and ot her items not properly included among program revenues are reported instead as general revenues.
City of Wildomar
Notes to Financial Statements
June 30, 2021
29 1) SUMMARY OF SIGNIFICANT ACCO UNTING POLICIES - Continued
c. Measurement Focus, Basis of Accounting, and Financial State ment Presentation
Separate financial statements are provided for governmental fun ds. Major individual governmental funds are reported as separate columns in the fund financial statements.
The government-wide financial statements are reported using the economic resources measurement focus and 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. Property taxe s are recognized as revenues in the year for which they are levied. Grants and similar items are recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.
Governmental fund financial state ments are reported using the c urrent financial resources measurement focus and the modified accrual b asis of accounting. Revenues a re recognized as soon as they are both measurable and available. Revenues are considered to available when they are collectible within the current period or soon enough thereafter to pay liabilities of the curr ent 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 year.
Expenditures generally are recorded when a liability is incurre d, as under accrual accounting. However, debt service expenditures, as we ll as expenditures related to c ompensated absences and claims and judgments, are recorded only when payment is due.
Property taxes, franchise taxes, licenses and interest associat e d w i t h t h e c u r r e n t f i s c a l p e r i o d a r e a l l considered to be susceptible to accrual and have been recognize d as revenues of the c urrent fiscal period.
All other revenue items are cons idered to be measurable and ava ilable only when cash is received by the government.
The City reports the following major governmental funds:
The General Fund is the City’s primary operating fund. All general tax receipts and fee revenue not allocated by law, Council policy or contractual agreement to ot her funds are accounted for in the General Fund. General Fund expenditures include operations traditionally associated with activities, which are not required to be accounted for or paid by another fund.
The Development Impact Fees Fund accounts for new development impact fees that are collected on the City’s behalf and can only be used to pay for capital expen ditures and cannot be used for operating costs.
The Measure AA Fund accounts for revenues and expenditures for the enhancement of police and fire services, road maintenance, and homelessness solutions within the City.
City of Wildomar
Notes to Financial Statements
June 30, 2021
30 1) SUMMARY OF SIGNIFICANT ACCO UNTING POLICIES - Continued
c. Measurement Focus, Basis of Accounting, and Financial State ment Presentation - Continued
The Grants Fund accounts for revenues and expenditures of miscellaneous grants not accounted for in a separate fund.
As a general rule, the effect of interfund activity has been el iminated from the government-wide financial statements except for the effect of interfund services provided and used.
Accounts reported as program revenues include: 1) charges to c ustomers or applicants for goods, services or privileges provided, 2) opera ting grants and contributions, and 3) capital grants and contributions.
Internally dedicated resources are reported as general revenues rather than as program revenues. Likewise, general revenues include all unrestricted taxes.
d. Assets, Deferred Outflows/In flows of Resources, Liabilities, and Net Position or Equity
Cash and Investments
The City’s cash and cash equivale nts are considered to be cash on hand, demand deposits, and short-term investments with original maturities of three months or less fr om the date of acquisition. For financial statement presentation purposes, cash and cash equivalents are shown as both restricted and unrestricted cash and investments in the governmental funds.
Investments are reported at fair value. The City’s policy is t o hold investments until maturity or until market values equal or exceed cost. The State Treasurer’s Inve stment Pool operates in accordance with appropriate state laws and regulations. The reported value of the pool is the same as the fair value of the pool shares.
Receivables and Payables
Activity between funds that are representative of lending/borrowing arrangements outstanding at the end of the fiscal year are referred to as either “due to/from other funds” (i.e., the current portion of interfund loans) or “advances to/from other funds” (i.e., the non-current portio n of interfund loans). All other outstanding balances between funds are reported as “due to/from other funds”. Advances between funds, as reported in the fund financial statements, are offset by a fund balance reserve account in applicable governmental funds to indicate that they are not available for appropriation and are not expendable available financial resources.
City of Wildomar
Notes to Financial Statements
June 30, 2021
31 1) SUMMARY OF SIGNIFICANT ACCO UNTING POLICIES - Continued
d. Assets, Deferred Outflows/In flows of Resources, Liabilities, and Net Position or Equity - Continued
Prepaid Items and Deposits
Certain payments to vendors refl ect costs applicable to future accounting periods and are recorded as prepaid costs in both government-wide and fund financial statements. The City accounts for prepaid costs using the consumption method a nd is equally offset by a nonspen dable fund balance in the fund-level statement, which indicates that it does not constitute “available spendable resources.”
Capital Assets
Capital assets, which include property, plant and equipment, and infrastructure assets (e.g., roads, bridges, sidewalks and similar items), are reported in the governmental activities columns in the government-wide financial statements. Capital assets are defined by the government as assets with an initial, individual cost of more than $5,000 (amount not rounded) and an estimated useful life in excess of three years. Such assets are recorded at the historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at acquisition value at the date of donation.
In accordance with GASB Statement No. 34, the City has reported all general infrastructure assets.
The cost of normal maintenance and repairs that do not add to the value of the asset or materially extend the asset’s lives are not capitalized. Major outlays for capital a ssets and improvements are capitalized as projects are constructed.
Property, plant, equipment, and in frastructure are depreciated using the straight-line, half-year convention method over the following estimated useful lives:
Assets Years
Building and Improvements 10 to 30 years
Equipment and Furniture 3 to 20 years
Vehicles 5 to 10 years
Infrastructure 10 to 50 years
Software 5 to 10 years
City of Wildomar
Notes to Financial Statements
June 30, 2021
32 1) SUMMARY OF SIGNIFICANT ACCO UNTING POLICIES - Continued
d. Assets, Deferred Outflows/In flows of Resources, Liabilities, and Net Position or Equity - Continued
Deferred Outflows/Inflows of Resources
In addition to assets, the statement of net position will somet imes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (expenses/expenditure) until then. The City reports deferred outflows of resources for pension and OPEB which relate to contributions after the measurement date and other amounts, which are amortized by an actuarial determined period.
In addition to liabilities, the statement of net position and the balance sheet will sometimes report a separate s e c t i o n f o r d e f e r r e d i n f l o w s o f r e s o u r c e s . T h i s s e p a r a t e f i n a ncial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a f uture period(s) and so will not b e recognized as an outflow of res ources (revenue) until that time . The City has two types of items, one of which arises only under a modified accrual basis of accounting that qualifies for reporting in this category.
Accordingly, the item, unavailable revenue, is reported only in the government funds balance sheet. The governmental funds report unavailable revenues from grant reven ue sources. These amounts are deferred and recognized as an inflow of resources in the period that the amounts become available. In addition, the City reports deferred inflows of resources for pension and OPEB on the statement of net position and are amortized by an actuarial determined period.
Compensated Absences
The dollar value at June 30
th of all vacation and sick leave hours is accrued when incurred in the government-wide financial statements. A liability for these amounts is reported in governmental funds only if they have matured, for example, as a result of employee resignations and retirements.
Staff and management are unrepresented and have a compensation plan. The City Manager is governed by an employment agreement which includes the compensation rate and specified rules governing vacation and sick leave. All employees are provided with vacation and sick l eave when taken, with a cash-out of unused/accrued leave upon termination. Maximum accrual limits for each category:
Vacation Leave 320 hours
Sick Leave 320 hours
Vacation pay is payable to employees at the time a vacation is taken or upon termination of employment.
Unless otherwise governed by an employee agreement, staff may c onvert in May and November a maximum of 40 vacation hours into compensation.
City of Wildomar
Notes to Financial Statements
June 30, 2021
33 1) SUMMARY OF SIGNIFICANT ACCO UNTING POLICIES - Continued
d. Assets, Deferred Outflows/In flows of Resources, Liabilities, and Net Position or Equity - Continued
Compensated Absences - Continued
Sick leave is payable when an employee is unable to work becaus e of illness. Employees with continuous employment of five years or more may receive a payment of 50% o f their unused sick leave when they separate without cause or retire at the then rate of compensation.
The liability for compensated absences will be paid in future years from the Gas Tax, Measure A, Measure Z, Cemetery District, and General Funds.
Long-term Obligations
In the government-wide financial statements, long-term debt and other long-term obligations are reported as liabilities in the applicable governmental activities, statement of net position. Bond premiums and discounts are deferred and amortized over the life of the bonds using the straight-line method. Bonds payable are reported net of the applicable bond premium or discount. Bond issuance costs are reported as expenses in the year incurred.
In the fund financial statements, governmental fund types recognize bond premiums and discounts, as well as bond issuance costs, during the current period. The face am ount of debt issued is reported as other financing sources. Premiums rece ived on debt issuances are rep orted as other financing sources while discounts on debt issuances are reported as other financing use s. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as expenditures.
Net Pension Liability
For purposes of measuring the ne t pension liability, deferred o utflows and inflows of resources related to pensions, and pension expense, i nformation about the fiduciary net position and additions to/deductions from the fiduciary net position have been determined on the sam e basis as they are reported by the California Public Employees’ Reti rement System (CalPERS) Financ ial Office. For this purpose, benefit payments (including refunds of employee contributions) are recognized when currently due and payable in accordance with the benefit terms. Investments are reported at fair value. CalPERS audited financial statements are publicly available reports that can be obtained at CalPERS’ websit e under Forms and Publications.
The liability for net pension will be paid in future years from the General Fund and Cemetery District.
City of Wildomar
Notes to Financial Statements
June 30, 2021
34 1) SUMMARY OF SIGNIFICANT ACCO UNTING POLICIES - Continued
d. Assets, Deferred Outflows/In flows of Resources, Liabilities, and Net Position or Equity - Continued
Net Pension Liability - Continued
GASB 68 requires that the reporte d results must pertain to liab ility and asset information within certain defined timeframes. For this report, the following timeframes are used.
Valuation Date (VD): June 30, 2019
Measurement Date (M D): June 30, 2020
Measurement Period (MP): J uly 1, 2019 to June 30, 2020
Other Post Employment Benefits (OPEB)
For purposes of measuring the net OPEB liability, deferred outf lows of resources and deferred inflows of resources related to OPEB, and OPEB expense, information about the fiduciary net position of the City’s plan (OPEB Plan) and additions to/deductions from the OPEB Plan ’s fiduciary net position have been determined on the same basis. F or this purpose, benefit payments are recognized when currently due and payable in accordance with the benefit terms. Investments are reported at fair value.
The liability for other post employment benefits will be paid in future years from the General Fund.
Generally accepted accounting principles require that the reported results must pertain to liability and asset information within certain defined timeframes. For this report, the following timeframes are used:
Valuation Date: June 30, 2020
Measurement Dat e: June 30, 2021
Measurement Period: July 1, 2020 to June 30, 2021
Unearned Revenues
In the government-wide financial statements and the fund financial statements, unearned revenues represent cash advances by various grantors that have not been spent; therefore no revenue has been recognized.
Fund Equity
In the fund financial statements, government funds report the following fund balance classification:
Nonspendable include amounts that cannot be spent because they are either (a) not in spendable form or (b) legally or contractually required to be maintained intact.
City of Wildomar
Notes to Financial Statements
June 30, 2021
35 1) SUMMARY OF SIGNIFICANT ACCO UNTING POLICIES - Continued
d. Assets, Deferred Outflows/In flows of Resources, Liabilities, and Net Position or Equity - Continued
Fund Equity - Continued
Restricted include amounts that a re constrained on the use of r esources by either, (a) external creditors, grantors, contributions, or law s of regulations of other govern ments or (b) by law through constitutional provisions or enabling legislation.
Committed include amounts that can only be used for specific purposes pursuant to constraints imposed by formal action of the government’s highest authority, the City Council, by an adoption of an ordinance. The formal action that is required to be taken to establish, modify , or rescind a fund balance commitment is a ordinance.
Assigned include amounts that are constrained by the government’s intent to be used for specific purposes, but are neither restricted nor committed. The City Manager is authorized to assign amounts to a specific purpose, which was established by the governing body in Resolut ion No. 2011-20 approved on June 21, 2011.
Unassigned are either residual positive net resources of the General Fund in excess of what can properly be classified in one of the other categories, or negative balances in all other funds.
Net Position Flow Assumptions
Sometimes the City will fund outlays for a particular purpose from both restricted (e.g., restricted bond or grant proceeds) and unrestricted resources. In order to calcul ate the amounts to report as restricted - net position and unrestricted - net position in the government-wide, a flow assumption must be made about the order in which the resources are considered to be applied. It is the government’s policy to consider restricted - net position to have been depleted before unrestricted - net position is applied.
Fund Balance Flow Assumption
Sometimes the City will fund outlays for a particular purpose from both restricted and unrestricted resources (the total of committed, assigned, and unassigned fund balance). In order to calculate the amounts to report as restricted, committed, assign ed, and unassigned fund balance in the governmental fund financial statements a flow assumption must be made about the order in wh ich the resources are considered to be applied. It is the City’s policy to consider restricted fund balance to have been depleted before using any of the components of unrestricted fund balance. Further, when the components of unrestricted fund balance can be used for the same purpose, committed fund balance is dep leted first, followe d by assigned fund balance. Unassigned fund balance is applied last.
City of Wildomar
Notes to Financial Statements
June 30, 2021
36 1) SUMMARY OF SIGNIFICANT ACCO UNTING POLICIES - Continued
d. Assets, Deferred Outflows/In flows of Resources, Liabilities, and Net Position or Equity - Continued
Property Taxes
Property tax revenue is recognized on the modified accrual basi s, that is, in the fiscal year for which the taxes have been levied providing they become available. Availa ble means then due or past due and receivable within the current period and collected within the current period or expected to be collected soon enough thereafter to be used to p ay liabilities o f the current period. The County of Riverside collects property taxes for the City. Tax liens attach annually as of 12:01 A.M. on the first day in January preceding, the fiscal year for which the taxes are levied. The tax levy covers the fiscal period July 1 st to June 30th. All
secured personal property taxes and one-half of the taxes on real property are due November 1st, the second installment is due February 1 st. A l l t a x e s a r e d e l i n q u e n t , i f u n p a i d , o n D e c e m b e r 1 0th and April 10 th respectively. Unsecured persona l property taxes become due on the first of March each year and are delinquent, if unpaid, on August 31st.
Functional Classifications
Expenditures of the governmental funds are classified by function. Functional classifications are defined as follows:
General Government includes legislative activities, City Clerk, City Attorney, City Manager as well as management or supportive services across more than one functional area.
Public Safety includes those activities which involve police protection, fire protection and animal control services.
Community Development includes those activities which involve p lanning, building and safety and code enforcement.
Economic Development includes activities to attract, retain and expand businesses, marketing, local job development, and collaboration between the City and businesses.
Culture and Recreation includes activities which provide recrea tion, cultural and educational services.
Public Works includes all mainte nance, engineering and capital improvements which relate to streets and other public facilities.
City of Wildomar
Notes to Financial Statements
June 30, 2021
37 1) SUMMARY OF SIGNIFICANT ACCO UNTING POLICIES - Continued
e. Implementation of New Govern mental Accounting Standards Board (GASB) Pronouncements
Governmental Accounting Standard Board Statement No. 84
In January of 2017, GASB issued S tatement No. 84, Fiduciary Act ivities. This statement was issued to improve guidance regarding the identification of fiduciary activities for accounting and financial reporting purposes. This statement establishes the criteria for identifying fiduciary activities which should be reported in a fiduciary fund in the basic financial statements. The fidu ciary funds that should be reported, if applicable: a) pensions trust funds, b) investment trust funds, c) private purpose trust funds, d) custodial funds. Statement No. 84 is effective for reporting periods beginning after December 15, 2018. Due to the COVID-19 pandemic, GASB Statement No. 95 delayed the implementation of this GASB Statement by one year for reporting periods beg inning after December 15, 2019. T he City has implemented GASB No. 84 and has had no impact on the City’s financial statements.
Governmental Accounting Standard Board Statement No. 87
In June of 2017, GASB issued Statement No. 87, Leases. The int ent of this statement is to improve accounting and financial reporti ng for government leases by req uiring recognition of certain lease assets and liabilities for leases that were previously classified as o perating leases and recognized as inflows of resources or outflows of resources based on the payment provisi ons of the contract. This statement establishes a single model for lease accounting based on the fo undational principle that leases are financings of the right to use an underlying asset. This state ment is effective for reporting periods beginning after December 15, 2019. Due to the COVID-19 pandemi c, GASB Statement No. 95 delayed the implementation of this GASB Statement by one year for repor ting periods beginning after June 15, 2021, and for all reporting periods thereafter. The City has el ected not to early implement GASB No. 87 and has not determined its effect on the City’s financial statements.
Governmental Accounting Standard Board Statement No. 89
In June of 2018, GASB issued Statement No. 89, Accounting for I nterest Cost Incurred before the End of a Construction Period. This Statement was issued to (1) to enh ance the relevance and comparability of information about capital assets and the cost of borrowing for a reporting period and (2) to simplify accounting for interest cost incurred before the end of a const ruction period. This Statement requires that interest cost incurred before t he end of a construction period be recognized as an expense in the period in which the cost is incurred for fi nancial statements prepared us ing the economic resources measurement focus. As a result, interest cost incurred before the end of a construction period will not be included in the historical cost of a capital asset reported in a business-type activity or enterprise fund. Statement No. 89 is effective for fiscal years beginning after December 15, 2019 . Due to the COVID-19 pandemic, GASB Statement No. 95 delayed the implementation of this GASB Statem ent by one year for reporting periods beginning after December 15, 2020. The City has elected not to early implement GASB No. 89 and has not determined its effect on the City’s financial statements.
City of Wildomar
Notes to Financial Statements
June 30, 2021
38 1) SUMMARY OF SIGNIFICANT ACCO UNTING POLICIES - Continued
e. Implementation of New Govern mental Accounting Standards Board (GASB) Pronouncements - C o n t i n u e d
Governmental Accounting Standard Board Statement No. 90
In August of 2018, GASB issued Statement No. 90, Majority Equit y Interests, an amendment of GASB Statements No. 14 and No. 61. This Statement was issued to imp rove the consistency and comparability of reporting a government's majority equity interest in a legal ly separate organization and to improve the relevance of financial statement information for certain compon ent units. This Statement defines a majority equity interest and specifies that a majority equity i nterest in a legally separate organization should be reported as an investment if a government's holding o f the equity interest meets the definition of an investment. A majority equity interest that meets the definition of an investment should be measured using the equity method, unless it is held by a special-purpose government engaged only in fiduciary activities, a fiduciary fund, or an endowment (including perman ent and term endowments) or permanent fund. Those governments and funds should measure the majority e quity interest at fair value. Statement No. 90 is effective for fiscal years beginning after December 1 5, 2018. Due to the COVID-19 pandemic, GASB Statement No. 95 delayed the implementation of this GASB S tatement by one year for reporting periods beginning after December 15, 2019. The City has impleme nted GASB No. 90 and has had no impact on the City’s financial statements.
Governmental Accounting Standard Board Statement No. 91
In May of 2019, GASB issued Statement No. 91, Conduit Debt Obli gations. This statement was issued to improve financial reporting for certain debt obligations. It al lowed entities to provide a single method of reporting conduit debt obligations by issuers and eliminate div ersity in practice associated with (1) commitments extended by issuers, (2) arrangements associated wi th conduit debt obligations, and (3) related note disclosures. This Statement achieves those objectives by clarifying the existing definition of a conduit debt obligation; establishing that a conduit debt oblig ation is not a liability of the issuer; establishing standards for accoun ting and financial reporting o f additional commitments and voluntary commitments extended by issuers and arrangements associated wit h conduit debt obligations; and improving required note disclosur es. Statement No. 91 is effec tive for fiscal years beginning December 15, 2020. Due to the COVID-19 pandemic, GASB Statement No. 95 d elayed the implementation of this GASB Statement by one year for reporting periods beginning afte r December 15, 2021. The City has elected not to early implement GASB No. 91 and has not determin ed its effect on the City’s financial statements.
City of Wildomar
Notes to Financial Statements
June 30, 2021
39 1) SUMMARY OF SIGNIFICANT ACCO UNTING POLICIES - Continued
e. Implementation of New Govern mental Accounting Standards Board (GASB) Pronouncements - C o n t i n u e d
Governmental Accounting Standard Board Statement No. 92
In January of 2020, GASB issued Statement No. 92, Omnibus 2020. This statement was issued to enhance comparability in accounting and financial reporting and to improve the consistency of authoritative literature by addr essing practice issues that hav e been identified during implementation and application of certain GASB Statements. This includes GASB Sta tement No. 87, GASB Statement No. 73, GASB Statement No. 74, GASB Statement No. 84 and the measur ement of liabilities (and assets, if any) related to asset retirement obligations (AROs) in a govern ment acquisition as well as other specific provisions. The requirements re lated to GASB Statement No. 87 are effective upon the issuance date of Statement No. 92. All other requirements are effective for rep orting periods beginning after June 15, 2020. Due to the COVID-19 pandemic, GASB Statement No. 95 dela yed the implementation of this GASB Statement for paragraphs 6-10 and 12 for reporting periods beginning after June 15, 2021. The City has elected not to early implement GASB No. 92 and has not determined its effect on the City’s financial statements.
Governmental Accounting Standard Board Statement No. 93
In March of 2020, GASB issued Statement No. 93, Replacement of Interbank Offered Rates. The objective of this statement is to address those and other accou nting and financial reporting implications that results from the replacement of an Interbank Offered Rates (IBOR). The removal of the London Interbank Offered Rate (LIBOR) as an appropriate benchmark inte rest rate is effective for reporting periods ending after December 31, 2021. All other requirements are effective for reporting periods beginning after June 15, 2020. Due to the COVID-19 pandemic, G ASB Statement No. 95 delayed the implementation of this GASB Stat ement for paragraphs 13 and 14 for fiscal years beginning after June 15, 2021, and all reporting periods thereafter. The City has e lected not to early implement GASB No. 93 and has not determined its effect on the City’s financial statements.
Governmental Accounting Standard Board Statement No. 94
In March of 2020, GASB issued Statement No. 94, Public-Private and Public-Public Partnerships and Availability Payment Arrangements. The objective of this state ment is to improve financial reporting by addressing issues related to public-private and public-public partnership arrangements (PPPs). Statement No. 94 is effective for fiscal years beginning after June 15, 2022, and all reporting periods thereafter. The City has elected not to early implement GASB No. 94 and has not determined its effect on the City’s financial statements.
City of Wildomar
Notes to Financial Statements
June 30, 2021
40 1) SUMMARY OF SIGNIFICANT ACCO UNTING POLICIES - Continued
e. Implementation of New Govern mental Accounting Standards Board (GASB) Pronouncements - C o n t i n u e d
Governmental Accounting Standard Board Statement No. 96
In May of 2020, GASB issued Statement No. 96, Subscription-Base d Information Technology Arrangements. This statement provides guidance on the accounti ng and financial reporting for subscription-based information t echnology arrangement (SBITAs) for government end users (governments). Statement No. 95 is effective for fiscal years beginning after June 15, 2022, and all reporting periods thereafter. The City has elected not to earl y implement GASB No. 96 and has not determined its effect on the City’s financial statements.
Governmental Accounting Standard Board Statement No. 97
In June of 2020, GASB issued Statement No. 97, Certain Componen t Unit Criteria, and Accounting and Financial Reporting for Internal Revenue Code Section 457 Defer red Compensation Plans. The objective of this statement is to (1) increase consistency and comparabil ity related to the re porting of fiduciary component units; (2) mitigate cos ts associated with the reporti ng of certain defined pension and OPEB plans as fiduciary component un its; and (3) enhance the account ing and financial reporting for Internal Revenue Code (IRC) Section 457 deferred compensation plans. Th e requirements of this Statement that (1) exempt primary governments th at perform the duties that a g overning board typically performs from treating the absence of a governing board the same as the appointment of a voting majority of a governing board in determining whether th ey are financially accountable f or defined contribution pension plans, defined contribution OPEB plans, or other employee benefit plan s and (2) limit the applicability of the financial burden criterion in par agraph 7 of Statement 84 to de fined benefit pension plans and defined benefit OPEB plans that are administered through trusts that me et the criteria in paragraph 3 of Statement 67 or paragraph 3 of Statement 74, respectively, are effective immediately. All other requirements are effective for fiscal years beginning after June 15, 2021. The City has elected not to early implement GASB No. 97 and has not determined its effect on the City’s financial statements.
City of Wildomar
Notes to Financial Statements
June 30, 2021
41 II.) STEWARDSHIP
2) STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY
The City had no funds with expenditures in excess of appropriations.
III.) DETAILED NOTES ON ALL FUNDS
3) CASH AND INVESTMENTS
As of June 30, 2021, cash and investments were reported in the accompanying financial statements as follows:
Statement of Net Position:
Primary Government
Cash and Investments $ 17,763,646
Restricted Cash and Investments 162,232
Component Unit - Wildomar Cemetery District
Cash and Investments 1,342,720
Restricted Cash and Investments 281,809
Total Cash and Investments $ 19,550,407
Cash and investments consist of the following:
Petty Cash $ 100
Deposits with Financial Institutions 10,028,934
Investments 9,521,373
Total Cash and Investments $ 19,550,407
The City maintains a cash and investment pool that is available for use for all funds as well as the Wildomar Cemetery District (component unit). Each fund type’s position in the pool is reported on the combined balance sheet as cash and investments. T he City has adopted an investm ent policy which authorizes it to invest in various investments.
City of Wildomar
Notes to Financial Statements
June 30, 2021
42 3) CASH AND INVESTMENTS - Continued
Deposits
At June 30, 2021, the carrying am ount of the City’s deposits wa s $10,028,934 and the bank balance was $11,000,505. The $971,571 difference represents outstanding checks and other reconciling items.
The California Government Code requires California banks and savings and loan associations to secure a City’s deposits by pledging government securities with a value of 110% of a City’s deposits. California law also allows financial institutions to secure City’s deposits by pledging first trust deed mortgage notes having a value of 150% of a City’s total deposits. The City Treasurer may waive the collateral requirement for deposits which are fully insured up to $250,000 by the FDIC.
The collateral for deposits in federal and state chartered banks is held in safekeeping by an authorized Agent of Depository recognized by the Stat e of California Department of Banking. The collatera l for deposits with savings and loan associations is generally held in safekeeping by the Federal Home Loan Bank in San Francisco, California as an Agent of Depository. These securities are phy sically held in an undivided pool for all California public agency depositors. Under Government Code Section 53655, the placement of securities by a bank or savings and loan associat ion with an “Agent of Deposito ry” has the effect of perfecting the security interest in the name of the loca l government agency. According ly, all collateral held by California Agent of Depository are considered to be held for, and in the name of, the local governmental agency.
Investments
Under provision of the City’s investment policy and in accordan ce with the California Government Code, the following investments are authorized:
Securities of the U.S. Government
Securities of U.S. Government Agencies
City, State and Municipal Bonds
Time Deposits and Certificates of Deposit
Negotiable Certificates of Deposit
Bankers’ Acceptance Notes
Commercial Paper
Money Market Mutual Funds
Local Agency Investment Fund (LAIF)
Joint Powers Authority Investment Pools
City of Wildomar
Notes to Financial Statements
June 30, 2021
43 3) CASH AND INVESTMENTS - Continued
Investments - Continued
The City is a voluntary participant in the Local Agency Investm ent Fund (LAIF) that is regulated by California Government Code Secti on 16429 under the oversight of the Treasurer of the State of California.
LAIF is overseen by the Local Age ncy Investment Advisory Board, which consists of five members, in accordance with State statute. The State Treasurer’s Office au dits the fund annually. The fair value of the position in the investment pool is the same as the value of the pool shares.
Investment in California Asset Management Program
The California Asset Management Program (the CAMP) is a public joint powers authority which provides California Public Agencies with investment management services for surplus funds and comprehensive investment management, accounting and arbitrage rebate calculat ion services for proceeds of tax-exempt f i n a n c i n g s . T h e C A M P c u r r e n t l y o f f e r s t h e C a s h R e s e r v e P o r t f o lio, a short-term investment portfolio, as a means for Public Agencies to invest these funds. Public Agencies that invest in the Pool (Participants) purchase shares of beneficial interest. Participants may also establish individual, professionally managed investment accounts (Individual Portfolios) by separate agreement with the Investment Advisor. The City has a separate account in the Investment Advisor to manage part of the CAMP portfolio.
Investments in the Pools and Indi vidual Portfolios are made onl y in investments in which Public Agencies generally are permitted by California statute. The CAMP may reject any investment and may limit the size of a Participant’s account. The Pool seeks to maintain, but does no t guarantee, a constant net asset value of $1.00 per share. A Participant may withdraw funds from its Pool acco unts at any time by check or wire transfers.
Requests for wire transfers must be made by 9:00 a.m. that day. Fair value of the Pool is determined by the fair value per share of the Pool’s underlying portfolio.
Investments Authorized by Debt Agreements
The above investments do not address investment of debt proceed s held by a bond trustee. Investments of debt proceeds held by a bond trustee are governed by provisions of the debt agreements, rather than the general provisions of the California Government Code or the City’s investment policy.
City of Wildomar
Notes to Financial Statements
June 30, 2021
44 3) CASH AND INVESTMENTS - Continued
GASB Statement No. 31
The City adopted GASB Statement No. 31, Accounting and Financial Reporting for certain investments and for External Investment Pools, as of July 1, 1997. GASB Statement No. 31 establishes fair value standards for investments in participating interest earning investment contracts, external investment pools, equity securities, option contracts, stock warrants and stock rights that have rea dily determinable fair values. Accordingly, the City reports its investments at fair value in the balance sheet. All investment income, including changes in the fair value of investments, is recognized as revenue in the operating statement.
Custodial Credit Risk
The custodial credit risk for deposits is the risk that, in the event of the failure of a depository financial institution, a government will not be able to recover its deposits or will not be able to recover collateral securities that are in the possession of an outside party. The custodial credit risk for investments is the risk that, in the event of the failure of the count erparty (e.g. broker-dealer) to a transaction, a government will not be able to recover the value of its investment or collateral securities th at are in the possession of another party.
Investments in U.S. Government s ecurities are not considered to have a credit risk and, therefore, their credit quality is not disclosed. As of June 30, 2021, $10,750,505 of the City’s deposits with financial institutions in excess of federal depository insurance limits were held in collateralized accounts.
Concentration of Credit Risk
The City’s investment policy diversifies its investments by sec urity type, institution and maturity/call dates.
With the exception of U.S. Treasury securities and authorized p ools, no more than 50% of the City’s total investment portfolio can be invested in a single security type or with a single financial institution.
City of Wildomar
Notes to Financial Statements
June 30, 2021
45 3) CASH AND INVESTMENTS - Continued
Credit Risk
Generally, credit risk is the ri sk that an issuer of an investm ent will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. The City's investment policy limits investments in commercial paper to those rated “A” or higher from Standard and Poor’s (S&P) and Moody’s, respectively.
Information about the minimum ra ting required by the California Government Code, the City's investment policy, or debt agreements, and the actual rating, as of year-e nd for each type of investment held by the City can be found below:
Rating as of Year End
M i n i m u
m N o t
Investment Type Legal Rating AAA Rated
Primary Government:
Local Agency Investment Fund $ 3,662,589 N/A $ - $ 3,662,5 89 CAMP 5,592,226 N/A - 5,592,226
Component Unit -
Wildomar Cemetery Distric
t
Money Marke t 266,558 A 266,558 -
Total $ 9,521,373 $ 266,558 $ 9,254,815
Interest Rate Risk
The City’s investment policy investment maturities to five year s, unless matched to a specific cash flow.
Reserve funds may be invested in securities exceeding five year s if the maturity of such investments is made to coincide as nearly as practicable with the expected use of t he funds. The City has elected to use the segmented time distribution method of disclosure for its interest rate risk.
As of June 30, 2021, the City had the following investments and remaining maturities:
Investment
Maturities
(in Years)
Investment Type Less than 1 Yea
r F a i r V a l u e
Primary Government:
Local Agency Investment Fund $ 3,662,589 $ 3,662,589
CAMP 5,592,226 5,592,226
Component Unit -
Wildomar Cemetery Distric
t:
Money Marke t 266,558 266,558
Total $ 9,521,373 $ 9,521,373
City of Wildomar
Notes to Financial Statements
June 30, 2021
46 4) FAIR VALUE M EASUREMENTS
Governmental Accounting Standards Board (GASB) Statement No. 72 , Fair Value Measurements and Application, provides the framework for measuring fair value. The framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to mea sure fair value with Level 1 given the highest priority and Level 3 the lowest priority. The three levels of the fair value hierarchy are as follows:
Level 1 inputs are quoted prices (unadjusted) in active markets for id entical assets or liabilities that the organization has the ability to access at the measurement date.
Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include the following:
a. Quoted prices for similar assets or liabilities in active markets.
b. Quoted prices for identical or similar assets or liabilities in markets that are not active.
c. Inputs other than quoted prices that are observable for the ass et or liability (for example, interest rates and yield curves observable at commonly quoted intervals, volat ilities, prepayment speeds, loss severities, credit risks, and default rates).
d. Inputs that are derived principally from or corroborated by obs ervable market data by correlation or other means (market-corroborated inputs).
Level 3 inputs are unobservable inputs for the asset or liability.
Fair value of assets measured on a recurring basis at June 30, 2021, are as follows:
Significant Other
Observable Inputs
Fair Value (Level 2) Uncategorized
Primary Government:
Local Agency Investment Fund $ 3,662,589 $ - $ 3,662,589 CAMP 5,592,226 - 5,592,226
Component Unit -
Wildomar Cemetery Distric
t
Money Market 266,558 266,558 -
Total $ 9,521,373 $ 266,558 $ 9,254,815
Fair values for investments are determined by using a matrix pr icing technique. Matrix pricing is used to value securities based on the security’s relationship to benchmark quoted prices.
Uncategorized investments do not fall under the fair value hier archy as there is no active market for the investments.
City of Wildomar
Notes to Financial Statements
June 30, 2021
47 5) CAPITAL ASSETS
Capital asset activity for the year was as follows:
Primary Government:
Beginning Ending
Balance Additions Deletions Balance
Capital Assets, Not Being Depreciated
Land $ 3,032,101 $ - $ - $ 3,032,101
Construction in Progress 4 ,603,426 2,912,994 (839,996) 6,676,424 Right-of-Way 3,792,492 167,537 - 3,960,029
Total Capital Assets, Not Being
Depreciated
11,428,019
3,080,531
(839,996)
13,668,554
Capital Assets, Being Depreciated
Buildings and Improvements 7,545,145 - - 7,545,145 Furniture, Fixtures and Equi pment 213,887 27,493 - 241, 380 Streetlights 1,440,417 465,000 - 1,905,417
Traffic Signals 251,824 - - 251,824
Infrastructure 50,268,262 6,028,210 - 56,296,472 Total Capital Assets, Being
Depreciated
59,719,535
6,520,703
-
66,240,238
Less Accumulated Depreciated for:
Buildings and Improvements (2,996,276) (259,403) - (3,25 5,679) Furniture, Fixtures and Equi pment (140,390) (99,989) - ( 240,379) Streetlights (89,253) (37,908) - (127,161)
Traffic Signals (90,890) (12,592) - (103,482)
Infrastructure (35,132,056) (1,866,176) - (36,998,232)
Total Accumulated Deprecia tion (38,448,865) (2,276,068) - (40,724,933) Total Capital Assets, Being
Depreciated, Net 21,270, 670 4,244,635 - 25,515,305 Governmental Activities
Capital Assets, Ne t $ 32,698,689 $ 7,325,166 $ (839,996) $ 39,183,859
Depreciation expense was charged to functions/programs of the primary government as follows:
Governmental Activities
General Government $ 27,976
Parks and Recreation 229,912
Public Safety 36,304
Public Works 1,981,876
Total Governmental Activities
Depreciation Expense
$ 2,276,068
City of Wildomar
Notes to Financial Statements
June 30, 2021
48 5) CAPITAL ASSETS - Continued
Component Unit - Wildomar Cemetery District:
Beginning Ending
Balance Additions Deletions Balance
Capital Assets, Not Being Depreciated
Land $ 963,390 $ - $ - $ 963,390
Total Capital Assets, Not Being
Depreciated
963,390
-
-
963,390
Capital Assets, Being Depreciated
Buildings and Improvements 349,598 - - 349,598
Furniture, Fixtures and Equipment 132,025 7,565 - 139,5 90 Total Capital Assets, Being
Depreciated
481,623
7,565
-
489,188
Less Accumulated Depreciated for:
Buildings and Improvements (336,524) (964) - (337,488) Furniture, Fixtures and Equi pment (132,025) (1,513) - ( 133,538)
Total Accumulated Depreciation
(468,549)
(2,477)
-
(471,026)
Total Capital Assets, Being
Depreciated, Net 13,074 5,088 - 18,162
Capital Assets, Net $ 976,464 $ 5,088 $ - $ 981,552
6) LONG-TERM LIABILITIES
The following is a schedule of changes in long-term debt for the fiscal year:
Primary Government:
Beginning Ending Due Within
Balance Additions Deletions Balance One Year
Compensated Absences $ 158,279 $ 71,119 $ (39,570) $ 189,828 $ 107,802 Direct Borrowing:
Loan Payable 1,541,671 - (77,268) 1,464,403 81,330
Total $ 1,699,950 $ 71,119 $ (116,838) $ 1,654,231 $ 189,1 32
City of Wildomar
Notes to Financial Statements
June 30, 2021
49 6) LONG-TERM LIABILITIES - Continued
Component Unit - Wildomar Cemetery District:
Beginning Ending Due Within
Balance Additions Deletions Balance One Year
Compensated Absences $ 9,447 $ 5,326 $ (2,362) $ 12,411 $ 3 ,103
Compensated Absences
The City accrues accumulated unpaid vacation, sick leave and as sociated employee-related costs when earned (or estimated to be earned) by the employee as described in Note 1. The City and Wildomar Cemetery District (component unit) at June 30, 2021, had an outstanding accrued balance of unpaid vacation, sick and associated employee related costs of $189,828 and $12,411, respectively th at will be liquidated from various funding sources in future years.
Direct Borrowings - Loan Payable
On March 22, 2019 the City entered into an agreement with Banc of America Leasing & Capital, LLC for the loan of $1,525,470 to finance the acquisition of streetlights w ithin the City. The loan will be repaid in semi- annual installments, which include principal and interest, starting June 1, 2020, with the last payment to be made June 1, 2034. The interest rate will be 5.19%. The balance of the loan is $1,464,403 as of June 30, 2021.
T h e L o a n P a y a b l e i s a d i r e c t b o r r o w i n g . T h e r e a r e n o p r o v i s i o ns for the outstanding loans in the event of default and no assets were held as collateral.
Year Ending
June 30, Principal Interest Total
2022 $ 81,330 $ 74,961 $ 156,291
2023 85,606 70,685 156,291
2024 90,106 66,184 156,290
2025 94,844 61,447 156,291
2026 99,830 56,461 156,291
2027 - 2031 583,616 197,838 781,454
2032 - 2034 429,071 468,873 897,944
Total $ 1,464,403 $ 996,449 $ 2,460,852
City of Wildomar
Notes to Financial Statements
June 30, 2021
50 7) INTERFUND RECEIVABLE , PAYABLE AND TRANSFERS
Due To / From Other Funds
DUE TO
Development Other
General Impact Governmental
Fund Fees Grants Funds Total
DUE
FROM
General Fund $ - $ - $ - $ 40,620 $ 40,620
Development Impact Fees 1,714,627 - - - 1,714,627 Measure AA 622,739 937,607 895,879 381,234 2,837,45 9 Grants - - 10,309 - 10,309
Other Governmental Funds 663,089 - - 640,315 1,303, 404
Total $ 3,000,455 $ 937,607 $ 906,188 $ 1,062,169 $ 5,9 06,419
These were the result of routine interfund transactions due to eliminating temporary deficit cash balances.
Amounts within Development Impact Fees are interfund transactions between sub-funds within the fund.
Interfund Transfers
TRANSFERS OUT
Development Other
Impact
Governmental
Fees Grants Funds Total
TRANSFERS
IN
General Fund $ 66,127 $ 1,783 $ 233,452 $ 301,362
Total $ 66,127 $ 1,783 $ 233,452 $ 301,362
During the year, interfund transfers were used to provide services and construct assets between funds.
8) PENSION PLAN
Plan Description
All full time employees are eligible to participate in the City ’s Miscellaneous Employee Pension Plan, a cost- sharing multiple employer defined benefit pension plan administ ered by the California Public Employees’ Retirement System (CalPERS). Benefit provisions under the Plan are established by State statute and City’s resolution. CalPERS issues publicly available reports that inc lude a full description of the pension plans regarding benefit provisions, assumptions and membership inform ation that can be found on the CalPERS website. Eligible employees hired after January 1, 2013 that, are considered new members as defined by the Public Employees’ Pension Reform Act (PEPRA) are participating in the PEPRA Miscellaneous Plan.
City of Wildomar
Notes to Financial Statements
June 30, 2021
51 8) PENSION PLAN - Continued
Benefits Provided
CalPERS, provides service retirement and disability benefits, a nnual cost of living adjustments and death benefits to plan members, who must be public employees and bene ficiaries. Benefits are based on years of credited service as discussed above. Members with five years of total service are eligible to retire at age 50 or 52 if in the PEPRA Miscellaneous Plan with statutorily reduced benefits. All members are eligible for non- duty disability benefits after 10 years of service. The system also provides for the Optional Settlement 2W Death Benefit, as well as the 1959 Survivor Benefit. The cost of living adjustments fo r all plans are applied as specified by the Public Employees’ Retirement Law.
The rate plan provisions and benefits in effect at June 30, 2021 are summarized as follows:
Miscellaneous
Prior to On or After
Hire Date January 1, 2013 January 1, 2013 (1)
Benefit Formula 2.7% at 55+ 2.0% at 62+
Social Security Coverage No No
Full/Modified Full Full
Final Average Compensation Period 12 months 12 months Sick Leave Credit Yes Yes
Non-Industrial Disability Standard Standard
Industrial Disability No No
Pre-Retirement Death Benefits
Optional Settlement 2W Yes Yes
1959 Survivor Benefit Level Level 4 Level 4
Special No No
Alternate (Firefighters) No No
Post-Retirement Death Benefits
Lump Sum $500 $500
Survivor Allowance (PRSA) No No
COLA 2% 2%
Required Employee Contribution Rates 8% 6.75%
Required Employer Contribution Rates 14.194% 7.732%
(1) For employees hired on or after January 1, 2013, they are included in their respective PEPRA (California Public Employees’ Pension Reform Act) with the above provisions and benefits.
Required Contribution
Section 20814(c) of the California Public Employees’ Retirement Law requires that the employer contribution rates for all public employers be determined on an annual basis by the actuary and shall be effective on the July 1 following notice of a change in the rate. The total pla n contributions are determined through the CalPERS’ annual actuarial valuation process. The actuarially d etermined rate is the estimated amount necessary to pay the Plan’s allocated share of the risk pool’s costs of benefits earned by employees during the
City of Wildomar
Notes to Financial Statements
June 30, 2021
52 8) PENSION PLAN - Continued
Required Contribution - Continued
year, and any unfunded accrued lia bility. The City is required to contribute the difference between the actuarially determined rate and the contribution rate of employees.
The City’s and Wildomar Cemetery District’s (component unit) co ntributions to the Plan for the year ended June 30, 2021 were $185,722 and $23,030, respectively.
Pension Liabilities, Pension Expenses and Deferred Outflows/Inflows of Resources Related to Pensions
As of June 30, 2021, the City and Wildomar Cemetery District (c omponent unit) reported a net pension liability for its proportionate share of the net pension liability of $268,295 and $209,178, respectively.
The City’s net pension liability for the Plan is measured as th e proportionate share of the net pension liability.
The net pension liability of the Plan is measured as of June 30 , 2020, and the total pension liability for each Plan used to calculate the net pension liability was determined by an actuarial valuation as of June 30, 2019 rolled forward to June 30, 2020 using standard update procedure s. The City’s proportion of the net pension liability was based on a projecti on of the City’s long-term share of contributions to the pension plans relative to the projected contributions of all participating employers, actuarially determined. The City’s proportionate share of the net pension liability for the Plan as of June 30, 2019 and 2020 measurement periods was as follows:
City
Wildomar
Cemetery District
Proportion - June 30, 2019 0.00204% 0.00204%
Proportion - June 30, 2020 0.00247% 0.00192%
Change - Increase (Decrease) 0.00043% (0.00012)%
For the year ended June 30, 2021, the City recognized pension e xpense (credit) of $225,716. At June 30, 2021, the City reported deferred outflows of resources and defe rred inflows of resources related to pensions from the following sources:
Deferred
Outflows
of Resources
Deferred
Inflows
of Resources
Pension contributions subsequent to measurement date $ 185,722 $ - Changes of assumptions - (1,914)
Differences between expected and actual experience 13,826 - Differences between projected and actual investment earnings 7,970 - Differences between employer’s contributions and proportionate share of contributions
63,837
-
Changes in employer’s proportion 56,412 -
Total $ 327,767 $ (1,914)
City of Wildomar
Notes to Financial Statements
June 30, 2021
53 8) PENSION PLAN - Continued
Pension Liabilities, Pension Expenses and Deferred Ou tflows/Inflows of Resources Related to Pensions - Continued
$185,722 reported as deferred outfl ows of resources related to contributions subsequent to the measurement date will be recognized as a reduction in the net pension liabi lity in the year ended June 30, 2022. Other amounts reported as deferred outflows or deferred inflows of re sources related to pensions will be recognized as pension expense as follows:
Deferred
Year Ended Outflows/Inflows
June 30, of Resources
2022 $ 67,335
2023 45,360
2024 23,615
2025 3,821
2026 -
Thereafter -
Total $ 140,131
Actuarial Methods and Assumptions Used to Determine Total Pension Liability
For the measurement period ended June 30, 2020 (the measurement date), the total pension liability was determined by rolling forward the June 30, 2019 total pension l iability. The June 30, 2019 and June 30, 2020 total pension liabilities were based on the following actuarial methods and assumptions:
Actuarial Cost Method
Actuarial Assumptions:
Discount Rate 7.15%
Inflation 2.50%
Projected Salary Increase Depending on age, service, and type of employment Mortality Rate Table
(1) Derived using CalPERS’ Membership Data for all Funds Post Retirement Benefit Increase Contract COLA up to 2.50% unt il Purchasing Power Protection Allowance Floor on Purchasing Power applies, 2.50% thereafter.
(1) The Mortality Rate Table was derived using CalPERs-specific dat a. The probabilities of mortality are based on the 2017 CalPers Experience Study for the period from 1997 to 2 015. The table includes 15 years of projected mortality improvements using Society of Actuaries Scale 90% of scale MP-2016 published by the Society of Actuaries. For more details on this table, please refer to the C a l P E R S E x p e r i e n c e S t u d y a n d R e v i e w o f Actuarial Assumptions report from December 2017 that can be found on the CalPERS website.
City of Wildomar
Notes to Financial Statements
June 30, 2021
54 8) PENSION PLAN - Continued
Discount Rate
The discount rate used to measure the total pension liability w as 7.15 percent. The projection of cash flows used to determine the discount rate assumed that contributions from plan members will be made at the current member contributions rates and that contributions from employer s will be made at statutorily required rates, actuarially determined. Based on those assumptions, the Plan’s fiduciary net position was projected to be available to make all projected future benefit payments of curr ent plan members. Therefore, the long-term expected rate of return on plan investments was applied to all periods of project benefit payments to determine the total pension liability.
Long-term Expected Rate of Return
The long-term expected rate of return on pension plan investmen ts was determined using a building-block method in which best-estimate ranges of expected future real ra tes of return (expected returns, net of pension plan investment expense and inflation) are developed for each major asset class.
In determining the long-term expected rate of return, staff too k into account both short-term and long-term market return expectations as well as the expected pension fund cash flows. Using historical returns of all the funds’ asset classes, expected compound (geometric) returns wer e calculated over the short-term (first 10 years) and the long-term (11+ years) using a building-block app roach. Using the expected nominal returns for both short-term and long-term, the present value of benefit s was calculated for each fund. The expected rate of return was set by calculating the rounded single equiva lent expected return that arrived at the same present value of benefits for cash flows as the one calculated using both short-term and long-term returns. The expected rate of return was then set equal to the single equiva lent rate calculated above and adjusted to account for assumed administrative expenses.
The expected real rates of return by asset class are as follows:
Asset Class
(a)
Assumed Asset
Allocation
Real Return
Years 1 - 10(b)
Real Return
Years 11+(c)
Global Equity 50.0% 4.80% 5.98%
Fixed Income 28.0% 1.00% 2.62%
Inflation Assets - 0.77% 1.81%
Private Equity 8.0% 6.30% 7.23%
Real Assets 13.0% 3.75% 4.93%
Liquidity 1.0% - -0.92%
Total 100%
(a) In the System’s CAFR, Fixed Income is included in Global Debt S ecurities; Liquidity is included in Short- term Investments; Inflation Assets are included in both Global Equity Securities and Global Debt Securities. (b) An expected inflation of 2.00% used for this period. (c) An expected inflation of 2.92% used for this period.
City of Wildomar
Notes to Financial Statements
June 30, 2021
55 8) PENSION PLAN - Continued
The following presents the City’s proportionate share of the ne t position liability for the Plan, a cost-sharing multiple employer defined benef it pension plan administered by the California Public Employees’ System (CalPERS), calculated using the discount rate for the Plan, as well as what the City’s proportionate share of the net pension liability would be if it were calculated using a discount rate that is 1% point lower or 1% point higher than the current rate:
City
Wildomar
Cemetery District
1% Decrease 6.15% 6.15%
Net Pension Liability (Asset) $ 614,500 $ 298,058
Current Discount Rate 7.15% 7.15%
Net Pension Liability (Asset) $ 268,295 $ 209,178
1% Increase 8.15% 8.15%
Net Pension Liability (Asset) $ (17,762) $ 135,739
Pension Plan Fiduciary Net Position
Detailed information about the Plan’s fiduciary net position is available in the separately issued CalPERS financial reports.
9) OTHER POST-EMPLOYMENT BENEFITS (OPEB)
Plan Description
The City’s agent multiple-employer defined benefit postemployment healthcare plan provides medical benefits to eligible retired employees and qualified dependents. A menu of benefit provisions as well as other requirements is established by State statute within the Public Employees’ Retirement Law. CalPERS issues a Comprehensive Annual Financial Report. The Comprehensive Annual Financial Report is issued in aggregate and includes the sum of all CalPERS plans. Copies of the CalPE RS Comprehensive Annual Financial Report may be obtained from the CalPERS Executive Office, 400 P Street, Sacramento, California 95814.
Funding Policy
The contribution requirements of the City are established and may be amended by the City Council.
City of Wildomar
Notes to Financial Statements
June 30, 2021
56 9) OTHER POST-EMPLOYMENT BEN EFITS (OPEB) - Continued
Employees Covered
As of June 30, 2020, actuarial valuation, the following current and former employees were covered by the benefit terms under the Plan:
Active employees 14
Inactive employees or beneficiaries currently receiving benefits 2 Inactive employees entitled to, but not yet receiving benefits 3 Total 1 9
Contributions
The annual contribution is based on the actuarially determined contribution. For the fiscal year ended June 30, 2021, the City contributed $21,854 to the Plan.
Net OPEB Liability
The City’s net OPEB liability was measured as of June 30, 2021 and the total OPEB liability used to calculate the net OPEB liability was determined by an actuarial valuation dated June 30, 2020 based on the following actuarial methods and assumptions:
Actuarial Assumptions
Discount Rate 2.19%
Inflation 2.50%
Salary Increases 2.75% plus merit
Investment Rate of Return 3.75%
Mortality Rate
(1) Derived using CalPERS Membership Data for all funds Pre-Retirement Turnover(2) Derived using CalPERS Membership Data for all funds Healthcare Trend Rate 4.50%
Notes:
(1) Pre-retirement mortality information was derived from data col lected during 1997 to 2011 CalPERS Experience Study dated January 2014 and post-retirement mortality information was derived from the 2007 to 2011 CalPERS Experience Study. The Experience Study Reports ma y be access on the CalPERS website www.calpers.ca.gov under Forms and Publications.
(2) The pre-retirement turnover information was developed based on CalPERS specific data. For more details, please refer to the 2007 to 2011 Experience Study Report. The Experience Study Report may be accessed on the CalPERS website www.calpers.ca.gov under Forms and Publications.
City of Wildomar
Notes to Financial Statements
June 30, 2021
57 9) OTHER POST-EMPLOYMENT BEN EFITS (OPEB) - Continued
Discount Rate
The discount rate used to measure the total OPEB liability was 2.19 percent. The projection of cash flows used to determine the discount rate as sumed that City contributions will be made at rates equal to the actuarially determined contribution rates. Based on those assumptions, the OPEB plan’s fiduciary net position was projected to be available to make all projected OPEB payments f or current active and inactive employees and beneficiaries. Therefore, the long-term expected rate of retur n on OPEB plan investme nts was applied to all periods of projects benefit payments to determine the total OPEB liability.
Changes in the OPEB Liability
The changes in the net OPEB liability for the Plan are as follows:
Increase (Decrease)
Total OPEB
Liability
(a)
Plan Fiduciary
Net Position
(b)
N e t O P E B
Liability/(Asset)
(c) = (a) - (b)
Balance at June 30, 2020
(Valuation Date June 30, 2020) $ 455,007 $ - $ 455,007
Changes Recognized for the Measurement Period:
Service Cos t 41,325 - 41,325
Interest 12,914 - 12,914
Actual and Expected Experien ce Difference 3,213 - 3,213 C h a nges of Assumptions 34,979 - 34,979
Contribution - Emplo yer - 21,854 (21,854)
C h a nge of Benefit Terms - - -
Benefit Pa yments (21,854) (21,854) -
Administrative Expense - - -
Net Changes 70,577 - 70,577
Balance at June 30, 2021
(Measurement Date June 30, 2021)
$ 525,584
$ -
$ 525,584
Sensitivity of the Net OPEB Liability to Changes in the Discount Rate
The following presents the net OPEB liability of the City if it were calculated using a discount rate that is one percentage point lower or one percentage point higher than the current rate, for measurement period ended June 30, 2021:
1% Decrease
(1.19 %)
Current
Discount Rate
(2.19%)
1% Increase
(3.19%)
Net OPEB Liability $ 613,996 $ 525,584 $ 455,337
City of Wildomar
Notes to Financial Statements
June 30, 2021
58 9) OTHER POST-EMPLOYMENT BEN EFITS (OPEB) - Continued
Sensitivity of the Net OPEB Liability to Changes in the Health Care Cost Trend Rates
The following presents the net OPEB liability of the City if it were calculated using health care cost trend rates that are one percentage point lower or one percentage poi nt higher than the current rate, for measurement period ended June 30, 2020:
1% Decrease
(3.50%)
Current
Healthcare Cost
Trend Rates
(4.50%)
1% Increase
(5.50%)
Net OPEB Liability $ 437,662 $ 525,584 $ 641,559
Recognition of Deferred Outflows and Deferred Inflows of Resources
Gains and losses related to changes in total OPEB liability and fiduciary net position are recognized in OPEB expense systematically over time.
Amounts are first recognized in OPEB expense for the year the g ain or loss occurs. The remaining amounts are categorized as deferred outflows and deferred inflows of re sources related to OPEB and are to be recognized in future OPEB expense.
The recognition period differs depending on the source of the gain or loss:
Net difference between projected and actual
earnings on OPEB plan investments
5 years
All other amounts Expected a verage remaining service
lifetime (EARSL)
City of Wildomar
Notes to Financial Statements
June 30, 2021
59 9) OTHER POST-EMPLOYMENT BEN EFITS (OPEB) - Continued
OPEB Expense and Deferred Outflows/Inflows of Resources Related to OPEB
For the fiscal year ended June 30, 2021, the City recognized OP EB expense of $35,701. As of fiscal year ended June 30, 2021, the City re ported deferred outflows of res ources related to OPEB from the following services:
Deferred
Outflows of
Resources
Deferred
Inflows of
Resources
OPEB contributions subsequent to measurement date $ - $ - Changes in assumptions 31,481 (83,050)
Net differences between projected and actual earnings
on OPEB plan investments
24,842
(158,480)
Total $ 56,323 $ (241,530)
The $0 reported as deferred outfl ows of resources related to co ntributions subsequent to the June 30, 2021 measurement date as the valuation was for the same reporting pe riod. Other amounts reported as deferred outflows of resources related to OPEB will be recognized as expense as follows:
Deferred
Year Ended Outflow/(Inflows)
June 30, of Resources
2022 $ (18,538)
2023 (18,538)
2024 (20,090)
2025 (26,372)
2026 (26,372)
Thereafter (75,297)
City of Wildomar
Notes to Financial Statements
June 30, 2021
60 10) RISK MANAGEMENT
The City is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters for which the City obtains insurance coverage.
The City is a member of the Public Agency Risk Sharing Authority of California - PARSAC (Authority), a joint powers authority, which provides joint protection programs for public entities covering automobile, general liability, errors and omission losses, workers’ compensation, and property claims. Under the program, the City has a $5,000 retention limit simil ar to a deductible with the A uthority being responsible for losses above that amount up to $1 million. The Au thority has additional coverage of $34 million in excess of its $1 million retention limit through affiliated risk management authorities. The Authority also provides one billion dollars aggregate per occurrence property damage to its members with such coverage provided by purchased insurance.
Liabilities of the City are reported when it is probable that a loss has occurred and the amount of the loss can be reasonable estimated. Liabilities include an amount for claims that have been incurred by not reported (IBNRs).
The result of the process to estimate the claims liability is not an exact amount as it depends on many complex factors, such as inflation, changes in legal doctrines, and damage awards. Accordingly, claims are reevaluated periodically to consider the eff ects of economic and social fac t o r s . T h e e s t i m a t e o f t h e c l a i m s l i a b i l i t y a l s o includes amounts for incremental claim adjustment expenses rela ted to specific claims and other claim adjustment expenses regardless of whether allocated to specific claims. Estimated recoveries, for example from salvage or subrogation, are another component of the claims liability estimate.
The Authority covers workers’ compensation claims up to its sel f-insurance limit of $500,000. The Local Agency Workers Compensation Excess Pool provides excess coverag e to statutory limits. The City pays an annual premium to the Authority and may share in any operating results. Financial statements of the Public Agency Risk Sharing Authority of California (PARSAC) may be obtained from its administrative office located at 1525 Response Road, Suite One, Sacramento, California, 95815 ; www.parsac.org or by calling (916) 927- 7727.
As of June 30, 2021, the City did not have any significant clai ms liability; therefore, no accrual was required.
Claims settlements have not exceeded insurance coverage in each of the past four years.
City of Wildomar
Notes to Financial Statements
June 30, 2021
61 11) FUND EQUITY
The City has established certain fund balance designations to r eport the amounts which represent available spendable resources restricted, committed or assigned for a specific purpose.
The Committed Fund Balance in the Measure AA Special Revenue Fu nd are for Public Safety, Street Maintenance and Homelessness Solutions.
The following had a deficit fund balance at June 30, 2021. These deficits are expected to be eliminated through future revenues.
Fund Amount
Grants Special Revenue Fund $ (945,092)
Community Development Block Grant
Special Revenue Fund
$ (33,245)
12) CONTINGENCIES
COVID-19
On March 11, 2020, the World Hea lth Organization declared the n ovel strain of coronavirus (COVID-19) a global pandemic and recommended containment and mitigation measures worldwide. The pandemic continued subsequent to year end with cer tain restrictions required by th e Governor of California, as well as local governments, which may affect reve nue sources and also caused s ubsequent stock market volatility. The duration of the pandemic and the impact of COVID-19 on the City ’s operational and financial performance is uncertain at this time.
REQUIRED SUPPLEMENTARY INFORMATION
THIS PAGE INTENTIONALLY LEFT BLANK
Actual Variance with
Original Final Amounts Final Budget
Budgetary Fund Balance, July 1 878,286 $ 878,286 $ 878,286 $ - $ Resources (Inflows):
Taxes 7,790,700 8,403,900 8,684,121 280,221 Licenses and Permits 2,188,000 2,099,100 2,185,629 86,529 Intergovernmental 2,930,500 2,893,000 2,873,161 (19,839) Charges for Services 24,000 24,000 17,786 (6,214) Fines and Forfeitures 71,500 71,500 84,020 12,520 Use of Money and Property 50,000 50,000 21,002 (28,998) Miscellaneous 5,600 34,500 133,755 99,255 Transfers In 463,900 463,900 301,362 (162,538) Amounts Available for
Appropriations 14,402,486 14,918,186 15,179,122 260,936 Charges to Appropriations (Outflows):
General Government
City Council 126,900 251,900 203,549 48,351 City Manager 498,000 533,800 417,606 116,194 City Clerk 162,000 212,500 194,987 17,513 City Attorney 264,000 69,200 103,677 (34,477) Administrative Services 417,000 609,100 723,518 (114,418) Human Resources 61,800 74,600 78,200 (3,600) Non-departmental 729,300 892,100 869,942 22,158 Public Safety
Police 5,088,600 5,113,200 4,833,489 279,711 Fire 2,800,500 2,562,400 1,704,193 858,207 Animal Control 545,900 545,900 544,492 1,408 OEM 51,500 21,000 73,648 (52,648) Community Development
Administration 50,000 115,000 8,985 106,015 Building and Safety 358,900 375,900 414,127 (38,227) Planning 250,600 293,400 278,299 15,101 Development Engineering 490,700 409,100 439,340 (30,240) Code Enforcement 150,300 140,600 147,866 (7,266) Deposit Based Projects 446,300 940,700 991,307 (50,607) Planning Commission 6,400 15,000 13,351 1,649 Economic Development 198,100 212,800 208,732 4,068 Culture and Recreation
Community Services - Administration 39,900 30,400 33,372 (2,972) Marna O'Brien Park - 2,000 2,152 (152) Windsong Park - - 125 (125) Heritage Park - - 125 (125) Ball Fields 13,600 14,800 15,937 (1,137) Malaga Park - - - - Other Parks - 2,100 2,050 50 Public Works 416,300 433,200 431,260 1,940 Total Charges to Appropriations 13,166,600 13,870,700 12,734,329 1,136,371 Budgetary Fund Balance, June 30 1,235,886$ 1,047,486 $ 2,444,793 $ 1,397,307 $ City of Wildomar
Budgetary Comparison Schedule by Department
General Fund
Year Ended June 30, 2021
Budgeted Amounts
62 Actual Variance with
Original Final Amounts Final Budget
Budgetary Fund Balance, July 1 5,429,042 $ 5,429,042 $ 5,429,042 $ - $ Resources (Inflows):
Use of Money and Property - - 8,908 8,908 Developer Participation 1,551,600 1,219,600 1,333,216 113,616 Amounts Available for
Appropriations 6,980,642 6,648,642 6,771,166 122,524 Charges to Appropriations (Outflows):
General Government - - 8,908 (8,908) Culture and Recreation 19,000 19,000 19,990 (990) Public Works 723,400 93,100 81,456 11,644 Capital Outlay 2,030,400 298,000 107,169 190,831 Transfers Out 99,300 99,300 66,127 33,173 Total Charges to Appropriations 2,872,100 509,400 283,650 225,750 Budgetary Fund Balance, June 30 4,108,542$ 6,139,242 $ 6,487,516 $ 348,274 $ City of Wildomar
Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual - Development Impact Fees
Year Ended June 30, 2021
Budgeted Amounts
63 Variance
Actual with
Original Final Amounts Final Budget
Budgetary Fund Balance, July 1 1,911,578 $ 1,911,578 $ 1,911,578 $ - $ Resources (Inflows):
Taxes 2,100,000 3,600,000 4,299,827 699,827 Use of Money and Property - - 2,761 2,761 Amounts Available for Appropriations 4,011,578 5,511,578 6,214,166 702,588 Charges to Appropriations (Outflows):
General Government 5,000 5,000 5,261 (261) Public Safety 644,600 715,200 2,070,555 (1,355,355) Culture and Recreation 233,400 252,700 199,837 52,863 Public Works 590,000 574,500 495,104 79,396 Capital Outlay 1,243,900 1,712,000 167,969 1,544,031 Total Charges to Appropriations 2,716,900 3,259,400 2,938,726 320,674 Budgetary Fund Balance, June 30 1,294,678 $ 2,252,178 $ 3,275,440 $ 1,023,262 $ City of Wildomar
Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual - Measure AA
For the Year Ended June 30, 2021
Budgeted Amounts
64 Actual Variance with
Original Final Amounts Final Budget
Budgetary Fund Balance, July 1 (463,758) $ (463,758) $ (463,758) $ - $ Resources (Inflows):
Intergovernmental 10,720,300 3,272,200 1,707,540 (1,564,660) Use of Money and Property - - 55 55 Amounts Available for
Appropriations 10,256,542 2,808,442 1,243,837 (1,564,605) Charges to Appropriations (Outflows):
General Government 24,000 157,200 105,135 52,065 Public Safety 5,000 77,300 53,046 24,254 Community Development - 272,000 114,408 157,592 Economic Development - 4,100 3,966 134 Culture and Recreation - 62,900 34,881 28,019 Public Works 3,843,000 237,600 350,244 (112,644) Capital Outlay 6,653,600 2,316,600 1,525,466 791,134 Transfers Out 3,400 3,400 1,783 1,617 Total Charges to Appropriations 10,529,000 3,131,100 2,188,929 942,171 Budgetary Fund Balance, June 30 (272,458)$ (322,658) $ (945,092) $ (622,434) $ City of Wildomar
Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual - Grants
Year Ended June 30, 2021
Budgeted Amounts
65 66
City of Wildomar
Schedule of the City’s Proportionate Share of the Net Pension Liability CalPERS Pension Plan
Last Ten Years*
As of June 30, 2021
Primary Government: City
Proportionate Share Plan Fiduciary
of the Net Pension Net Position as a
Proportion of the Proportionate Share Liability as a Pe rcentage of the Fiscal Net Pension o f the Net Pension
Percentage of Total Pension
Year Liability Liability Covered Payroll Covered Payroll L iability
2015 0.00398% $ 98,405 $ 564,727 17.43% 81.15%
2016 0.00329% $ 90,222 $ 890,684 10.13% 87.60%
2017 0.00359% $ 124,553 $ 868,158 14.35% 87.55%
2018 0.00447% $ 176,110 $ 1,028,756 17.12% 85.58%
2019 0.00425% $ 160,169 $ 1,110,538 14.42% 95.47%
2020 0.00523% $ 209,327 $ 1,131,704 18.50% 89.11%
2021 0.00636% $ 268,295 $ 1,291,013 20.78% 87.07%
Component Unit: Wildomar Cemetery District
Proportionate Share Plan Fiduciary
of the Net Pension Net Position as a
Proportion of the Proportionate Share Liability as a Pe rcentage of the Fiscal Net Pension o f the Net Pension
Percentage of Total Pension
Year Liability Liability Covered Payroll Covered Payroll L iability
2016 0.00249% $ 171,037 $ - 0% 70.99%
2017 0.00226% $ 195,159 $ - 0% 67.26%
2018 0.00215% $ 213,644 $ - 0% 66.49%
2019 0.00211% $ 203,561 $ - 0% 67.69%
2020 0.00204% $ 208,876 $ - 0% 68.44%
2021 0.00192% $ 209,178 $ - 0% 68.68%
Notes to Schedule:
Benefit Changes. In 2021, there was no benefit terms modified.
Changes in Assumptions. For fiscal years 2019-2021 the discount rate remained the same 7.15 percent. For the 2018 fiscal year the discount rate was changed from 7.65 percent to 7.15 pe rcent. In the 2017 fiscal year th e discount rate changed from
7.5 percent to 7.65 percent to correct for an adjustment to exclude administrative expenses.
Plan’s Fiduciary Net Position. The Plan’s Fiduciary Net Position is based on the City’s proportionate share of the CalPERS Miscellaneous Risk Pool.
*Historical information is required only for measurement period s for which GASB 68 is applicable. Future years’ information will be displayed up to 10 years as information becomes available.
67 City of Wildomar
Schedule of Contributions
CalPERS Pension Plan
Last Ten Years*
As of June 30, 2021
Primary Government: City
Contractually Contributions in
Required Relation to the
Contribution Actuarially Contributions as a
Fiscal (Actuarially Determined Contribution
Percentage of
Year Determined) Contribution D eficiency (Excess) Covered P ayroll Covered Payroll
2015 $ 196,524 $ (196,524) $ - $ 890,684 22.06%
2016 $ 85,106 $ (85,106) $ - $ 868,158 9.80%
2017 $ 111,100 $ (111,100) $ - $ 1,028,756 10.80%
2018 $ 115,449 $ (115,449) $ - $ 1,110,538 10.40%
2019 $ 122,136 $ (122,136) $ - $ 1,131,704 10.79%
2020 $ 147,645 $ (147,645) $ - $ 1,291,013 11.44%
2021 $ 185,722 $ (185,722) $ - $ 1,551,956 11.97%
Component Unit: Wildomar Cemetery District
Contractually Contributions in
Required Relation to the
Contribution Actuarially Contributions as a
Fiscal (Actuarially Determined Contribution
Percentage of
Year Determined) Contribution D eficiency (Excess) Covered P ayroll Covered Payroll
2016 $ 13,537 $ (13,537) $ - $ - 0%
2017 $ 15,113 $ (15,113) $ - $ - 0%
2018 $ 17,619 $ (17,619) $ - $ - 0%
2019 $ 22,343 $ (22,343) $ - $ - 0%
2020 $ 20,744 $ (20,744) $ - $ - 0%
2021 $ 23,030 $ (23,030) $ - $ - 0%
*Historical information is required only for measurement period s for which GASB 68 is applicable. Future years’ information will be displayed up to 10 years as information becomes available.
68 City of Wildomar
Schedule of Changes in the Net OPEB Liability and Related Ratios for Measurement Periods Ended June 30,
Measurement Period 2021 2019 2018
Total OPEB Liability
Service Cost $ 41,325 $ 83,815 $ 81,374
Interest on the Total OPEB Liability 12,914 19,183 15,806 Actual and Expected Experience Difference 3,213 (198,100) - Changes in Assumptions 34,979 (103,812) -
Changes in Benefit Terms - (9,717) -
Benefit Payments (21,854) (231,095) (9,433)
Net Change in Total OPEB Liability 70,577 22,464 87,747 Total OPEB Liability - Beginni ng 455,007 432,543 344,796 Total OPEB Liability - Ending (a) $ 525,584 $ 455,007 $ 432,543
Plan Fiduciary Net Position
Contributions - Employer $ 21,854 $ 9,717 $ 9,433
Net Investment Income - - -
Benefit Payments (21,854) (9,717) (9,433)
Administrative Expense - - -
Net Change in Plan Fiduciary Net Position - - -
Plan Fiduciary Net Position - Beginning - - -
Plan Fiduciary Net Position - Ending (b) $ - $ - $ -
Net OPEB Liability - Ending (a)-(b) $ 525,584 $ 455,007 $ 432 ,543
Plan Fiduciary Net Position as a Percentage of the Total OPEB Liability
0.0% 0.0% 0.0%
Covered Payroll $ 1,268,959 $ 1,234,997 $ 1,023,774
Net OPEB Liability as a Percentage of Covered Payroll 41.4% 36.8% 42.2%
Notes to Schedule:
Historical information is required only for measurement periods for which GASB 75 is applicable. Future years’ information will be displayed up to 10 years as information becomes available.
69 City of Wildomar
Schedule of Changes in the Net OPEB Liability and Related Ratios for Measurement Periods Ended June 30, - Continued
Measurement Period 2017
Total OPEB Liability
Service Cost $ 20,525
Interest on the Total OPEB Liability 10,658
Actual and Expected Experience Difference 53,286
Changes in Assumptions -
Changes in Benefit Terms -
Benefit Payments (6,622)
Net Change in Total OPEB Liability 77,847
Total OPEB Liability - Beginning 266,345
Total OPEB Liability - Ending (a) $ 344,796
Plan Fiduciary Net Position
Contributions - Employer $ 6,622
Net Investment Income -
Benefit Payments (6,622)
Administrative Expense -
Net Change in Plan Fiduciary Net Position -
Plan Fiduciary Net Position - Beginning -
Plan Fiduciary Net Position - Ending (b) $ -
Net OPEB Liability - Ending (a)-(b) $ 344,796
Plan Fiduciary Net Position as a Percentage of the Total OPEB Liability
0.0%
Covered Payroll $ 993,955
Net OPEB Liability as a Percentage of Covered Payroll 34.7%
70 City of Wildomar
Schedule of Contributions - OPEB
Last Ten Fiscal Years
Contractually Contributions in
Required Relation to the Contributions as a
Contribution Actuarially Percentage of
Fiscal (Actuarially Determined Contribution Covered-Employe e Covered-Employee Year Determined) Contribution Deficiency (Excess) Payroll (2) P a y r o l l
2018 $ N/A $ N/A $ - $ 993,955 0%
2019 $ N/A $ N/A $ - $ 1,110,538 0%
2020 $ N/A $ N/A $ - $ 1,234,997 0%
2021 $ N/A $ N/A $ - $ 1,268,959 0%
Notes to Schedule:
(1) No Actuarially Determined Contribution (ADC) was calculated for the Plan.
Historical information is required only for measurement periods for which GASB 75 is applicable.
Future years’ information will be displayed up to 10 years as information become available.
71 City of Wildomar
Notes to Required Supplementary Information
June 30, 2021
Budgets and Budgetary Data
Budgets for governmental funds are adopted on a basis consisten t with generally accepted accounting principles (GAAP).
The City Council approves each year’s budget prior to the begin ning of the new fiscal year. Public hearings are conducted prior to its adoption by the Council. Supplemental a ppropriations, were required during the period, are also approved by the Council. In most cases, expenditures may not exceed appropriations at the function level. At fiscal year-end, all operating budget appropriations lapse.
Excess of Expenditures over Appropriations
Expenditures exceeded appropriations in the categories in the following departments in the General Fund:
Department Appropriations Expenditures Excess
General Government:
City Attorney 69,200 103,677 (34,477)
Administrative Services 609,100 723,518 (114,418) Human Resources 74,600 78,200 (3,600)
Public Safety:
OEM 21,000 73,648 (52,648)
Community Development:
Building and Safety 375,900 414,127 (38,227)
Development Engineering 409,100 439,340 (30,240)
Code Enforcement 140,600 147,866 (7,266)
Deposit Based Projects 940,700 991,307 (50,607)
Culture and Recreation:
Community Services - Admin 30,400 33,372 (2,972)
Marna O’Brien Park 2,000 2,152 (152)
Windsong Park - 125 (125)
Heritage Park - 125 (125)
Ball Fields 14,800 15,937 (1,137)
SUPPLEMENTARY INFORMATION
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Air Quality
Management
Gas Tax District Measure A SLESF
ASSETS
Pooled Cash and Investments 24,486 $ 73,922 $ 46,197 $ - $ Restricted Cash and Investments - - - - Receivables:
Grants - - - - Accrued Interest - - - - Due from Other Governments 125,614 12,346 251,880 - Due from Other Funds 606,007 122,377 - - Total Assets 756,107 $ 208,645 $ 298,077 $ - $
LIABILITIES
Accounts Payable 88,383 $ - $ 58,030$ - $ Accrued Liabilities 8,434 - 11,865 - Due to Other Funds 606,007 - - - Total Liabilities 702,824 - 69,895 -
DEFERRED INFLOWS OF RESOURCES
Unavailable Revenues - Intergovernmental - - - - Total Deferred Inflows of Resources - - - -
FUND BALANCES
Restricted for:
Culture and Recreation - - - - Public Works 53,283 208,645 228,182 - Capital Projects - - - - Debt Service - - - - Unassigned - - - - Total Fund Balances 53,283 208,645 228,182 -
Total Liabilities, Deferred Inflows of
Resources and Fund Balances 756,107$ 208,645 $ 298,077 $ - $ Special Revenue Funds
City of Wildomar
Combining Balance Sheet
Non-major Governmental Funds
June 30, 2021
72 Capital Project Debt Service
Fund Fund Total
Community Non-Major
Development Measure Z Assessment Streetlight Governmental TDA Block Grant Park Districts Fund Funds
-$ - $ 238,961$ 1,574,645 $ - $ 1,958,211$ - - - - 162,232 162,232 - 59,163 - - - 59,163 - - - - 3 3 - - 22,227 14,769 - 426,836 - - - 575,020 - 1,303,404 -$ 59,163$ 261,188 $ 2,164,434 $ 162,235 $ 3,909,849 $ -$ - $ 28,284$ 36,602 $ - $ 211,299$ - - 6,233 - 969 27,501 - 76,100 - 369,753 10,309 1,062,169 - 76,100 34,517 406,355 11,278 1,300,969 - 16,308 - - - 16,308 - 16,308 - - - 16,308 - - 226,671 - - 226,671 - - - - - 490,110 - - - 1,758,079 - 1,758,079 - - - - 150,957 150,957 - (33,245) - - - (33,245) - (33,245) 226,671 1,758,079 150,957 2,592,572 -$ 59,163$ 261,188 $ 2,164,434 $ 162,235 $ 3,909,849 $ Special Revenue Funds
73 Air Quality
Management
Gas Tax District Measure A SLESF
REVENUES
Intergovernmental 1,508,644 $ 48,552 $ 873,126 $ 156,727 $ Charges for Services - - - - Use of Money and Property 473 203 107 87 Total Revenues 1,509,117 48,755 873,233 156,814
EXPENDITURES
Current:
General Government 473 202 106 87 Public Safety - - - - Culture and Recreation - - - - Public Works 1,509,090 3,059 524,065 - Capital Outlay - - 162,331 - Debt Service:
Principal Retirement - - - - Interest Expense - - - - Total Expenditures 1,509,563 3,261 686,502 87 Excess (Deficiency) of Revenues
Over (Under) Expenditures (446) 45,494 186,731 156,727
OTHER FINANCING SOURCES (USES)
Transfers Out - (886) (45,200) (156,673) Total Other Financing Sources (Uses) - (886) (45,200) (156,673) Net Change in Fund Balances (446) 44,608 141,531 54 Fund Balances - Beginning of Year 53,729 164,037 86,651 (54) Fund Balances - End of Year 53,283 $ 208,645 $ 228,182 $ - $ Special Revenue Funds
City of Wildomar
Combining Statement of Revenues, Expenditures and Changes in Fund Balances Non-Major Governmental Funds
For the Year Ended June 30, 2021
74 Capital Project Debt Service
Fund Fund Total
Community Non-Major
Development Measure Z Assessment Streetlight Governmental TDA Block Grant Park Districts Fund Funds
-$ 114,891$ 358,388 $ 1,021,511 $ - $ 4,081,839$ - - 2,907 - 173,252 176,159 - - 273 2,318 2,610 6,071 - 114,891 361,568 1,023,829 175,862 4,264,069 - - 275 2,467 39 3,649 - - - 102,757 - 102,757 - - 397,775 - - 397,775 - - - 565,896 5,081 2,607,191 - 36,603 - - 10,664 209,598 - - - - 77,268 77,268 - - - - 79,023 79,023 - 36,603 398,050 671,120 172,075 3,477,261 - 78,288 (36,482) 352,709 3,787 786,808 - - - (30,693) - (233,452) - - - (30,693) - (233,452) - 78,288 (36,482) 322,016 3,787 553,356 - (111,533) 263,153 1,436,063 147,170 2,039,216 -$ (33,245)$ 226,671 $ 1,758,079 $ 150,957 $ 2,592,572 $ Special Revenue Funds
75 Variance
Actual with
Original Final Amounts Final Budget
Budgetary Fund Balance, July 1 53,729 $ 53,729 $ 53,729 $ - $ Resources (Inflows):
Intergovernmental 1,474,800 1,474,800 1,508,644 33,844 Use of Money and Property - - 473 473 Amounts Available for Appropriations 1,528,529 1,528,529 1,562,846 34,317 Charges to Appropriations (Outflows):
General Government - - 473 (473) Public Works 2,104,300 1,530,300 1,509,090 21,210 Transfers Out 10,500 10,500 - 10,500 Total Charges to Appropriations 2,114,800 1,540,800 1,509,563 31,23 7 Budgetary Fund Balance, June 30 (586,271) $ (12,271) $ 53,283 $ 65,554 $ Budgeted Amounts
City of Wildomar
Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual - Gas Tax
For the Year Ended June 30, 2021
76 Variance
Actual with
Original Final Amounts Final Budget
Budgetary Fund Balance, July 1 164,037 $ 164,037 $ 164,037 $ - $ Resources (Inflows):
Intergovernmental 45,000 45,000 48,552 3,552 Use of Money and Property - - 203 203 Amounts Available for Appropriations 209,037 209,037 212,792 3,755 Charges to Appropriations (Outflows):
General Government - - 202 (202) Public Works 6,000 49,600 3,059 46,541 Capital Outlay 36,800 - - - Transfers Out 2,200 2,200 886 1,314
Total Charges to Appropriations 45,000 51,800 4,147 47,653 Budgetary Fund Balance, June 30 164,037 $ 157,237 $ 208,645 $ 51,408 $ City of Wildomar
Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual - Air Quality Management District
For the Year Ended June 30, 2021
Budgeted Amounts
77 Variance
Actual with
Original Final Amounts Final Budget
Budgetary Fund Balance, July 1 86,651 $ 86,651 $ 86,651 $ - $ Resources (Inflows):
Intergovernmental 565,000 800,000 873,126 73,126
Use of Money and Property - - 107 107 Amounts Available for Appropriations 651,651 886,651 959,884 73,233 Charges to Appropriations (Outflows):
General Government - - 106 (106) Public Works 407,500 548,700 524,065 24,635
Capital Outlay 269,000 207,200 162,331 44,869 Transfers Out 45,200 45,200 45,200 -
Total Charges to Appropriations 721,700 801,100 731,702 69,398 Budgetary Fund Balance, June 30 (70,049) $ 85,551 $ 228,182 $ 142,631 $ City of Wildomar
Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual - Measure A
For the Year Ended June 30, 2021
Budgeted Amounts
78 Variance
Actual with
Original Final Amounts Final Budget
Budgetary Fund Balance, July 1 (54) $ (54) $ (54) $ - $ Resources (Inflows):
Intergovernmental 100,000 156,800 156,727 (73)
Use of Money and Property - - 87 87 Amounts Available for Appropriations 99,946 156,746 156,760 14 Charges to Appropriations (Outflows):
General Government - - 87 (87) Transfers Out 100,000 156,800 156,673 127
Total Charges to Appropriations 100,000 156,800 156,760 40 Budgetary Fund Balance, June 30 (54) $ (54) $ - $ 54 $ City of Wildomar
Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual - SLESF
For the Year Ended June 30, 2021
Budgeted Amounts
79 Variance
Actual with
Original Final Amounts Final Budget
Budgetary Fund Balance, July 1 - $ - $ - $ - $ Resources (Inflows):
Intergovernmental 269,800 - - - Amounts Available for Appropriations 269,800 - - - Charges to Appropriations (Outflows):
Capital Outlay 275,000 - - - Total Charges to Appropriations 275,000 - - - Budgetary Fund Balance, June 30 (5,200) $ - $ - $ - $ City of Wildomar
Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual - TDA
For the Year Ended June 30, 2021
Budgeted Amounts
80 Variance
Actual with
Original Final Amounts Final Budget
Budgetary Fund Balance, July 1 (111,533) $ (111,533) $ (111,533) $ - $ Resources (Inflows):
Intergovernmental 61,000 72,100 114,891 42,791 Amounts Available for Appropriations (50,533) (39,433) 3,358 42,791 Charges to Appropriations (Outflows):
Capital Outlay 61,000 75,000 36,603 38,397 Total Charges to Appropriations 61,000 75,000 36,603 38,397 Budgetary Fund Balance, June 30 (111,533) $ (114,433) $ (33,245) $ 81,188 $ City of Wildomar
Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual - Community Development Block Grant
For the Year Ended June 30, 2021
Budgeted Amounts
81 Variance
Actual with
Original Final Amounts Final Budget
Budgetary Fund Balance, July 1 263,153 $ 263,153 $ 263,153 $ - $ Resources (Inflows):
Intergovernmental 385,000 385,000 358,388 (26,612)
Charges for Services 57,100 51,100 2,907 (48,193)
Use of Money and Property - - 273 273 Amounts Available for Appropriations 705,253 699,253 624,721 (74,53 2) Charges to Appropriations (Outflows):
General Government - - 275 (275) Culture and Recreation 465,400 477,400 397,775 79,625 Total Charges to Appropriations 465,400 477,400 398,050 79,350 Budgetary Fund Balance, June 30 239,853 $ 221,853 $ 226,671 $ 4,818 $ City of Wildomar
Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual - Measure Z Park
For the Year Ended June 30, 2021
Budgeted Amounts
82 Variance
Actual with
Original Final Amounts Final Budget
Budgetary Fund Balance, July 1 1,436,063 $ 1,436,063 $ 1,436,063 $ - $ Resources (Inflows):
Intergovernmental 1,033,400 995,600 1,021,511 25,911
Use of Money and Property - - 2,318 2,318 Amounts Available for Appropriations 2,469,463 2,431,663 2,459,892 28,229 Charges to Appropriations (Outflows):
General Government - 200 2,467 (2,267) Public Safety - - 102,757 (102,757) Public Works 755,700 767,300 565,896 201,404 Capital Outlay 2,700 2,700 - 2,700 Transfers Out 143,200 138,600 30,693 107,907 Total Charges to Appropriations 901,600 908,800 701,813 206,987 Budgetary Fund Balance, June 30 1,567,863 $ 1,522,863 $ 1,758,079 $ 235,216 $ City of Wildomar
Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual - Assessment Districts
For the Year Ended June 30, 2021
Budgeted Amounts
83 Variance
Actual with
Original Final Amounts Final Budget
Budgetary Fund Balance, July 1 147,170 $ 147,170 $ 147,170 $ - $ Resources (Inflows):
Charges for Services 178,300 178,300 173,252 (5,048) Use of Money and Property 500 500 2,610 2,110 Amounts Available for Appropriations 325,970 325,970 323,032 (2,938) Charges to Appropriations (Outflows):
General Government - - 39 (39) Public Works 5,700 5,700 5,081 619 Capital Outlay 11,500 11,500 10,664 836 Principal Retirement 77,300 77,300 77,268 32 Interest Expense 79,000 79,000 79,023 (23) Transfers Out 23,400 23,400 - 23,400 Total Charges to Appropriations 196,900 196,900 172,075 24,825 Budgetary Fund Balance, June 30 129,070 $ 129,070 $ 150,957 $ 21,887 $ City of Wildomar
Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual - Streetlight Fund
For the Year Ended June 30, 2021
Budgeted Amounts
84 STATISTICAL SECTION
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Contents
Fund Balances of Governmental Funds
Assessed Value and Estimated Actual Value of Taxable Property Direct and Overlapping Property Tax Rates
Revenue Capacity ‐ These schedules contain information to help the reader assess the factors affecting the City's ability to generate its property 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 Demographic and Economic Information ‐ These schedules offer demographic and economic indicators to help the reader understand the environment in which the City's financial activities take place as well as allow comparisons over time and with other gov ernments.
Statistical Section
This section of the City of Wildomar's Comprehensive Annual Fin ancial Report presents detailed information as 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.
Legal Debt Margin Information
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. As a newly incorporated City, information relative to the exact city boundaries prior to incorporation is not readily available in most cases. Therefore trend information will be developed over time and reported annually.
Principal Property Tax Payers
Property Tax Levies and Collections
Ratio of Outstanding Debt by type
Net Position by Component
Changes in Net Position
Changes in Fund Balances of Governmental Funds
Sources: Unless otherwise noted, the information in these schedules is derived from various internal and other governmental and non‐governmental sources where reliability of the data could be ascertained.
Operating Information
‐ These schedules contain information about the City's operations and resources in order to help the reader understand how the City's financial information related to the Operating Indicators by Function/ Program
Miscellaneous Statistics
Direct and Overlapping Governmental Activities
Full‐time Equivalent City Government Employees by Function/Program Capital Asset Statistics by Function/Program
Demographic and Economic Statistics
Top Employers
85 (Accrual Basis of Accounting)
2021 2020 2019 2018
Governmental Activities
37,642,188$ 31,157,018$ 29,815,490$ 27,511,461$ Community Development Projects 6,487,516 5,429,042 5,077,926 5,049,328 Parks and Recreation 226,671 263,153
Public Safety ‐ ‐ ‐ ‐ Public Works 490,110 304,417 124,743 79,976 Capital Projects 1,758,079 1,436,063 1,324,591 1,045,702 Cemetery ‐ ‐ ‐ ‐ Debt Service 150,957 147,170 333,651 Nonexpendable ‐ ‐ ‐ ‐ 5,014,648 2,020,017 1,157,175 652,571 Total Governmental Activities Net Position 51,770,169$ 40,756,880$ 37,833,576$ 34,339,038$ *Note: Wildomar Cemetery District (District) is included in fiscal years 2012 to 2015.
The District became a subsidiary of the City in fiscal year 2012. However, for fiscal year 2016 the District is not included in the governmental activities and its operations are discretely presented in the financial statements.
Source: City Finance Department
Unrestricted
CITY OF WILDOMAR
Net Position by Component*
Restricted for:
Net Investment in Capital Assets
Fiscal Year
86 2017 2016 2015 2014 2013 2012
24,487,895$ 23,919,815$ 23,067,562$ 24,394,130$ 23,349,508$ 11,725,170$ 4,807,087 3,541,211 2,579,164 2,640,489 2,108,884 715,474 ‐ 18,180 5,198 226 1,689,442 1,997,091 367,868 249,576 714,148 1,352,511 483,243 ‐ 409,383 232,411 136,195 ‐ ‐ ‐ ‐ ‐ 1,690,565 1,649,080 1,590,386 1,331,920 ‐ ‐ 90,000 90,000 ‐ ‐ 134,019 457,120 (1,016,700) (921,235) (1,420,547) (628,995) 30,206,252$ 28,418,313$ 27,266,132$ 29,205,201$ 27,800,916$ 15,140,660$ Fiscal Year
87 (Accrual Basis of Accounting)
2021 2020 2019 2018
General Government 2,827,798$ 3,061,012$ 3,404,115$ 2,469,147$ 7,983,251 9,104,994 7,953,196 5,957,516 2,407,683 2,270,421 2,738,282 2,660,031 212,698 166,124 ‐ ‐ 936,156 908,428 219,647 219,647 7,124,538 3,953,145 3,823,531 3,508,423 Interest on long‐term debt 45,351 118,152 ‐ ‐ Total Governmental Activities Expenses 21,537,475$ 19,582,276 $ 18,138,771 $ 14,814,764 $ General Government 1,375,137 $ 898,082 $ 380,352 $ 898,352 $ Public Safety 103,853 97,219 45,395 10,581 2,162,593 1,708,190 2,075,499 2,054,708 ‐ ‐ ‐ ‐ 2,907 7,099 11,291 15,570 848,664 750,290 423,706 239,777 Total Charges for Services 4,493,154$ 3,460,880$ 2,936,243$ 3,218,988$ General Government 360,997$ 369,968$ 515,621$ 479,537$ 156,727 155,948 148,747 116,667 473,279 940,616 597,995 545,537 ‐ ‐ ‐ ‐ Parks and Recreation ‐ ‐ ‐ ‐ 3,183,238 1,960,065 2,008,341 3,230,361 Total Operating Contributions and Grants 4,174,241$ 3,426,597$ 3,270,704$ 4,372,102$ Capital Contributions and Grants:
Community Development ‐$ ‐$ ‐$ ‐$ 7,851,995 1,812,906 4,106,559 ‐ ‐ ‐
Total Capital Contributions and Grants 7,851,995$ 1,812,906$ 4,106,559$ ‐$ Total Governmental Activities Program
Revenues 16,519,390$ 8,700,383$ 10,313,506$ 7,591,090$ (5,018,085)$ (10,881,893) $ (7,825,265) $ (7,223,674) $ *Note: Wildomar Cemetery District (District) is included in fiscal years 2012 to 2015.
The District became a subsidiary of the City in fiscal year 2012. However, for fiscal year 2016 the District is not included in the governmental activities and its operations are discretely presented in the financial statements.
Community Development
Community Development
Operating Contributions and Grants:
Public Safety
PROGRAM REVENUES
Governmental Activities:
Economic Development
CITY OF WILDOMAR
Changes in Net Position*
EXPENSES
Governmental Activities:
Public Safety
Fiscal Year
Source: City Finance Department
Parks and Recreation
Public Works
Public Works
TOTAL NET REVENUES (EXPENSES)
Charges for Services:
Parks and Recreation
Community Development
Public Works
Interest on long‐term debt
Public Works
Economic Developmet
Economic Development
88 2017 2016 2015 2014 2013 2012
2,494,133$ 2,465,875$ 2,320,203$ 2,110,310$ 2,496,792$ 1,923,733$ 5,517,602 5,109,023 4,834,799 4,087,138 4,394,931 3,996,420 2,389,801 2,569,072 3,058,008 2,881,440 1,818,348 1,253,984 ‐ ‐ ‐ ‐ ‐ ‐ 219,647 219,647 425,006 405,589 219,707 303,190 3,272,317 3,649,428 4,435,300 2,570,554 2,457,319 2,551,241 ‐ ‐ ‐ 522,724 ‐ ‐ 13,893,500$ 14,013,045$ 15,073,316$ 12,577,755$ 11,387,097$ 10,028,568$ 1,539,067$ 636,577$ 233,193$ 706,214$ 1,440,592$ 152,978$ 10,466 11,630 10,266 1,480 ‐ 2,397,374 2,773,440 2,491,406 285,075 243,188 117,509 ‐ ‐ ‐ ‐ ‐ ‐ 7,832 4,673 9,005 40 1,056 4,034 230,197 299,806 332,187 8,866 20,061 80,018 4,184,936$ 3,726,126$ 3,076,057$ 1,001,675$ 1,704,897$ 354,539$ 502,469$ 340,463$ 575,922$ 518,426$ 617,155$ 1,563,689$ 139,416 143,942 97,546 100,000 100,000 100,000 387,589 339,399 343,060 1,921,554 1,257,696 574,834 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 10,136 ‐ ‐ 3,398,998 2,497,709 1,351,679 2,229,719 2,383,168 2,067,952 4,428,472$ 3,321,513$ 2,368,207$ 4,779,835$ 4,358,019$ 4,306,475$ ‐$ ‐ $ ‐ $ 1,900,000$ ‐$ ‐$ ‐ 884,658 1,049,064 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐$ 884,658$ 1,049,064$ 1,900,000$ ‐$ ‐$ 8,613,408$ 7,932,297$ 6,493,328$ 7,681,510$ 6,062,916$ 4,661,014$ (5,280,092)$ (6,080,748) $ (8,579,988) $ (4,896,245) $ (5,324,181) $ (5,367,554) $ Fiscal Year
89 CITY OF WILDOMAR
Changes in Net Position (Continued)*
(Accrual Basis of Accounting)
2021 2020 2019 2018
TOTAL NET REVENUES (EXPENSES) ‐ Carry Forward (5,018,085)$ (10,881,893)$ (7,825,265)$ (7,223,674)$ 4,875,249$ 4,608,569$ 4,434,404$ 4,232,672$
6,695,060 5,054,702 2,872,982 1,780,008 1,206,707 1,080,234 1,077,164 1,057,586 ‐ ‐ ‐ ‐ 2,837,391 2,718,513 2,580,800 2,392,884 244,476 165,446 154,049 165,129 38,793 109,658 67,542 19,432 133,698 68,075 132,862 1,897,363 Contributions from Other Entities ‐ ‐ ‐ ‐ Special Item ‐ ‐ ‐ ‐ 16,031,374$ 13,805,197$ 11,319,803$ 11,545,074$ 11,013,289$ 2,923,304$ 3,494,538$ 4,321,400$ *Note: Wildomar Cemetery District (District) is included in fiscal years 2012 to 2015.
The District became a subsidiary of the City in fiscal year 2012. However, for fiscal year 2016 the District is not included in the governmental activities and its operations are discretely presented in the financial statements.
Fiscal Year
Source: City Finance Department
CHANGES IN NET POSITION
Total Governmental Activities
Othe
r
Investments Earnings
Motor Vehicle in Lieu Tax
Other Taxes
Business Licenses Taxes
Franchise Taxes
Sales Taxes
GENERAL REVENUES AND OTHER CHARGES IN
Governmental Activities:
Property Taxes, levied for general purpose
Taxes:
NET POSITION
90 2017 2016 2015 2014 2013 2012
(5,280,092)$ (6,080,748)$ (8,579,988)$ (4,896,245)$ (5,286,347)$ (5,419,990)$ 4,002,949$ 3,774,015$ 4,042,882$ 3,465,511$ 3,243,285$ 3,307,425$ 1,666,324 1,772,493 1,492,041 1,561,683 1,383,864 1,362,647 1,015,225 1,056,712 1,061,333 972,108 850,808 749,046 ‐ ‐ ‐ 14,041 14,280 12,705 15,755 13,778 ‐ ‐ 14,074 18,450 255,866 140,501 ‐ 106,039 109,524 83,021 10,659 6,590 5,015 3,605 3,183 12,011 101,253 71,073 114,382 54,338 48,344 30,943 ‐ ‐ ‐ ‐ ‐ 576,456 ‐ 1,185,337 ‐ ‐ ‐ ‐ 7,068,031$ 8,020,499$ 6,715,653$ 6,177,325$ 5,667,362$ 6,152,704$ 1,787,939$ 1,939,751$ (1,864,335)$ 1,281,080$ 381,015$ 732,714$ Fiscal Year
91 CITY OF WILDOMAR
Fund Balances of Governmental Funds*
(Modified Accrual Basis of Accounting)
2021 2020 2019 2018
GENERAL FUND
‐$ ‐$ ‐$ ‐$ ‐ ‐ ‐ ‐ Nonspendable:
Inventory ‐ ‐ ‐ ‐ Prepaid Items ‐ ‐ 17,533 ‐ Deposits ‐ ‐ ‐ ‐ Restricted
Debt Service ‐ ‐ ‐ ‐ Unassigned 2,444,793 878,286 1,425,789 1,552,339 2,444,793$ 878,286$ 1,443,322$ 1,552,339$ ‐$ ‐$ ‐$ ‐$ Inventory ‐ ‐ ‐ ‐ Prepaid Items ‐ ‐ 20,899 ‐ Cemetery Endowment ‐ ‐ ‐ ‐ Restricted for:
Community development projects 6,487,516 5,429,042 239,224 5,049,328 226,671 263,153 ‐ ‐ Public safety ‐ ‐ 583,766 ‐ Public works 490,110 304,417 124,743 79,976 Capital projects 1,758,079 1,436,063 1,324,591 1,045,702 150,957 147,170 ‐ ‐ Cemetery ‐ ‐ 333,651 ‐ Committed 3,275,440 1,911,578 ‐ ‐ Unassigned 1,466,456 (575,345) (802,696) (3,666,121) 13,855,229$ 8,916,078$ 1,824,178$ 2,508,885$ *Note: Wildomar Cemetery District (District) is included in fiscal years 2012 to 2015.
The District became a subsidiary of the City in fiscal year 2012. However, for fiscal year 2016 the District is not included in the governmental activities and its operations are discretely presented in the financial statements.
Reserved:
Encumbrances
Debt service
Nonspendable:
Source: City Finance Department
Total All Other Governmental Fund
s
Parks and recreation
Reserved
Unreserved
Total General Fund
ALL OTHER GOVERNMENTAL FUNDS
Fiscal Year
92 2017 2016 2015 2014 2013 2012
‐$ ‐$ ‐$ ‐$ ‐$ ‐$ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 11,184 ‐ ‐ 1,686 2,133 ‐ ‐ ‐ ‐ 370,039 211,752 ‐ ‐ ‐ ‐ 483,243 ‐ 869,757 946,503 773,060 770,686 (46,320) 1,262,279 869,757$ 957,687$ 773,060$ 770,686$ 808,648$ 1,476,164$ ‐$ ‐$ ‐$ ‐$ ‐$ ‐$ ‐ ‐ 2,167 3,509 2,640 4,838 ‐ 1,107 ‐ 62 230 220 ‐ ‐ 90,000 90,000 90,000 90,000 4,807,087 3,541,211 2,579,164 2,640,489 2,108,884 715,474 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 18,180 5,198 226 ‐ ‐ 367,868 249,576 714,148 1,352,511 1,689,442 1,997,091 409,383 232,411 136,195 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,688,398 1,645,509 1,497,516 1,331,920 ‐ ‐ ‐ ‐ ‐ ‐ (1,663,955) (1,486,366) (1,616,354) (1,183,295) (759,932) (101,996) 3,920,383$ 2,556,119$ 3,598,916$ 4,549,011$ 4,628,780$ 4,037,547$ Fiscal Year
93 CITY OF WILDOMAR
Changes in Fund Balances of Governmental Funds*
(Modified Accrual Basis of Accounting)
2021 2020 2019 2018
Taxes 12,983,948$ 10,874,493$ 8,505,203$ 7,229,816$ Licenses and Permits 2,185,629 1,665,127 1,883,515 2,003,200 Intergovernmental 8,662,540 9,035,650 12,304,486 7,033,686 Charges for Services 193,945 156,216 37,022 38,769 Investment Earnings ‐ ‐ 67,542 19,431 Fines and Forfeitures 84,020 84,703 49,358 45,552 Use of Money and Property 38,797 109,659 ‐ ‐ Contributions ‐ ‐ ‐ ‐ Developer Participation 1,333,216 895,215 526,149 867,838 Miscellaneous 133,755 229,314 133,490 8,919 Total Revenues 25,615,850 $ 23,050,377 $ 23,506,765 $ 17,247,211 $ General Government 2,714,432 $ 2,647,322 $ 3,212,685 $ 2,601,884 $ Public Safety 7,946,947 9,069,699 7,922,498 5,926,817 Community Development 2,407,683 2,270,421 2,738,282 2,660,031 Economic Development 212,698 166,124 ‐ ‐ Parks and Recreation 706,244 678,516 ‐ ‐ Public Works 3,965,255 2,846,944 2,446,387 3,375,478 Capital Outlay 3,445,435 2,755,005 5,480,443 3,411,917 Debt Service:
Cost of Issuance ‐ ‐ 37,000 ‐ Principal Retirement 77,268 ‐ ‐ ‐ Interest and Fiscal Charges 79,023 78,146 ‐ ‐ Total Expenditures 21,554,985 $ 20,512,177 $ 21,837,295 $ 17,976,127 $ Over (Under) Expenditures 4,060,865 2,538,200 1,669,470 (728,916) Transfers In 301,362 $ 416,945 $ 924,641 $ 1,270,977 $ (301,362) (416,945) (924,641) (1,270,977) Proceeds from Loan 1,525,470 ‐
Other Debts Issued ‐ ‐
Contributions from Other Entities ‐ ‐ Total Other Financing Sources (Uses) ‐ $ ‐ $ 1,525,470$ ‐ $ Net Change in Fund Balances 4,060,865 2,538,200 3,194,940 (728,916) Fund Balances, Beginning of Year 9,794,364 7,256,164 ‐ 4,061,224 4,790,140 Restatements
9,794,364 7,256,164 4,061,224 4,790,140 13,855,229$ 9,794,364 $ 7,256,164 $ 4,061,224 $ NON CAPITAL EXPENDITURES 0.00% 0.00% 0.00% 0.00%
*Note: Wildomar Cemetery District (District) is included in fiscal years 2012 to 2015.
The District became a subsidiary of the City in fiscal year 2012. However, for fiscal year 2016 the District is not included in the governmental activities and its operations are discretely presented in the financial statements.
Source: City Finance Department
Excess (Deficiency) of Revenues
OTHER FINANCING SOURCES (USES)
Transfers Out
DEBT SERVICE AS A PERCENTAGE OF
as Restated:
Fund Balances, Beginning of Year,
Fund Balances, End of Year
REVENUES
EXPENDITURES
Current:
Fiscal Year
94 2017 2016 2015 2014 2013 2012
6,940,365$ 6,743,720$ 6,596,256$ 6,119,382$ 5,601,761$ 5,514,844$ 2,345,877 2,754,563 2,460,535 1,602,381 1,274,332 599,934 4,650,707 3,612,975 3,660,760 3,148,003 2,262,217 2,598,557 18,614 14,895 27,077 213,328 175,722 119,850 10,659 6,590 5,015 3,605 3,183 12,011 41,039 52,654 51,882 81,387 78,322 88,216 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,271 ‐ 1,510,618 598,955 181,553 688,214 1,414,192 118,188 114,933 87,850 123,387 54,338 48,344 31,233 15,632,812$ 13,872,202$ 13,106,465$ 11,910,638$ 10,859,344$ 9,082,833$ 2,382,977$ 2,426,059$ 2,410,577$ 2,049,831$ 2,468,897$ 1,856,595$ 5,488,113 5,079,535 4,834,799 4,447,176 4,616,892 3,996,420 2,389,801 2,569,072 3,100,691 2,881,440 1,818,348 1,253,984 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 27,866 188,047 64 85,648 1,953,548 1,982,458 2,460,664 1,383,266 1,158,413 1,551,441 2,142,039 1,399,541 1,008,509 555,885 736,830 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 109,040 483,243 ‐ ‐ ‐ ‐ ‐ 39,481 ‐ ‐ 14,356,478$ 13,456,665$ 13,952,146$ 12,028,369$ 10,799,444$ 8,744,088$ ‐ ‐
1,276,334 415,537 (845,681) (117,731) 59,900 338,745 343,787$ 517,123$ 544,116$ 522,000$ 649,336$ 391,053$ (343,787) (517,123) (544,116) (522,000) (649,336) (391,053) ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,186,052 ‐$ ‐$ ‐$ ‐$ ‐$ 1,186,052$ 1,276,334 415,537 (845,681) (117,731) 59,900 1,524,797 3,513,806 2,591,411 5,319,697 5,437,428 5,513,711 4,096,048 ‐ 506,858 (102,040) ‐ (136,183) (107,134) 3,513,806 3,098,269 5,217,657 5,437,428 5,377,528 3,988,914 4,790,140$ 3,513,806$ 4,371,976$ 5,319,697$ 5,437,428$ 5,513,711$
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Fiscal Year
95 Less Total Taxable Total
Fiscal Residential Commercial Other Tax‐Exempt Assessed Direct year Property Property Property Property Value Rate
2021 3,194,123,965$ 206,450,586 $ 365,302,589 (141,156,996) $ 3,712,810,278$ 0.06414 2020 2,998,915,691 367,930,286 266,202,102 (135,401,055) 3,555,294,341 0.06414 2019 2,869,319,248 366,065,458 207,467,159 (133,658,124) 3,368,179,579 0.06414 2018 2,672,591,727 348,827,091 205,071,044 (128,090,594) 3,152,766,645 0.06413 2017 2,457,768,510 206,868,526 333,066,581 (6,827,758) 2,990,875,859 0.06642 2016 2,315,546,269 195,912,842 315,827,261 (6,723,956) 2,820,562,416 0.06665 2015 2,128,221,360 186,564,353 301,703,479 (6,592,208) 2,609,896,984 0.06742 2014 1,797,147,241 184,326,275 318,120,654 (6,240,538) 2,293,353,632 0.06860 2013 1,680,133,457 188,066,878 342,293,939 (5,922,179) 2,204,572,095 0.06624 2012 1,750,735,442 192,353,249 326,053,258 (5,370,950) 2,263,770,999 0.06572 CITY OF WILDOMAR
Source: MuniServices
Assessed Value and Estimated Actual Value of Taxable Property In 1978, California voters passed Proposition 13 which set the property tax rate at 1.00% 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 increase of 2%). With few exceptions, property is only re‐assessed at the purchase price 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.
The City of Wildomar was incorporated in July 2008, therefore data availability is limited. Changes in assessed value distribution is due to a change in source. Other property includes state unitary in the amount of $129,600. 96 THIS PAGE INTENTIONALLY LEFT BLANK
CITY OF WILDOMAR
Direct and Overlapping Property Tax Rates
(Rate per $100 of Taxable Value)
2021 2020 2019 2018
0.05800 0.05800 0.05800 0.05800
1.00000 1.00000 1.00000 1.00000
0.06414 0.06414 0.06414 0.06414
0.93586 0.93586 0.93586 0.93586
1.00000 1.00000 1.00000 1.00000 Override Assessments
0.06111 0.06277 0.06303 0.06080
0.00350 0.00350 0.00350 0.00350
0.01320 0.08244 0.05243 0.05675 Perris Union High School 0.08569 0.01320 0.01320 0.01320
0.16350 0.16191 0.13216 0.13425
1.16350 1.16191 1.13216 1.13425 Source: MuniServices
Basic Levy*
Menifee School Debt Svc
Metropolitan Water Dist Original Area
Mt. San Jacinto Jr College
Total Direct Rate
City's Share of 1% Levy Per Prop 13
Total Overriding Assessments
City of Wildomar
All others
Total Direct & Overlapping Tax Rates
Fiscal Year
* In 1978, California voters passed Proposition 13 which set the property tax rate at 1.00% fixed amount. This 1.00% is shared between all taxing agencies in which the subject property resides within. In addition to the 1.00% fixed amount, property owners are charged taxes as a percentage of assessed property values for the payment of any voter approved bonds.
Overlapping rates are those of local and county governments that apply to property owners within the City. Not all overlapping rates apply to all City property owners.
Agency
97 2017 2016 2015 2014 2013 2012
0.05800 0.05800 0.05800 0.05800 0.05800 0.05800
1.00000 1.00000 1.00000 1.00000 1.00000 1.00000
0.06414 0.06414 0.06742 0.06860 0.06624 0.65720
0.93586 0.93586 0.93258 0.93140 0.93376 0.93428
1.00000 1.00000 1.00000 1.00000 1.00000 1.59148
0.03269 0.03010 0.03275 0.03421 0.03543 0.03486
0.00350 0.00350 0.00350 0.00350 0.00350 0.00370
0.06092 0.06236 0.06303 0.06970 0.03429 0.03429
0.01320 0.01394 ‐ ‐ ‐ ‐
0.11031 0.10990 0.09928 0.10741 0.07322 0.07285
1.11031 1.10990 1.09928 1.10741 1.07322 1.66433 Fiscal Year
98 Taxpayer Taxable Value ($)
Percent of Total
City Taxable
Value (%) Taxable Value ($)
Percent of Total
City Taxable
Value (%)
Oak Springs Partners 83,500,022 2.25%
MG Santa Rosa Apartments 79,084,963 2.13% Universal Health Realty Income Trust 71,585,541 1.93% 51,179,251 2.29% LG Oak Creek 30,330,718 0.82% 31,455,944 1.41% Wildomar Industrial Park 22,337,381 0.60% 19,692,540 0.88% CK HS Partners 18 22,128,047 0.60%
Sovran Acquisition Ltd Partnership 19,493,319 0.53% CFT NV Dev 17,525,846 0.47%
MCW RC CA Bear Creek Village Center 16,319,236 0.44% 13,782,723 0.62% Inland Valley Medical Partners 15,994,489 0.43% 13,653,304 0.61% Rainbow Mountain 14,066,417 0.38%
Beazer Homes Holdings Corp 12,820,578 0.35% 11,291,592 0.51% VSHS 11,541,811 0.31% 9,229,614 0.41% Conti Fabio 10,250,000 0.28%
Wal Mart Real Estate Business Trust 8,965,630 0.24% 6,788,253 0.30% Ambient Pacific OCC 8,727,630 0.24%
Albertsons Stores Subs 8,608,107 0.23% Wildomar Renaissance Plaza 7,938,172 0.21% Monte Vista Ranch 7,854,000 0.21%
Yim Sung T 7,252,991 0.20%
Wildomar Medical Prop 6,630,000 0.18% Tesoro Refining & Marketing Co 6,050,794 0.16% 2018 1 IH Borrower LP 6,027,043 0.16% RS Wildomar 5,972,215 0.16%
KB Home Coastal Inc 5,648,317 0.15%
WNRA Wildomar 35,470,000 1.59%
CK Self Storage 17,616,087 0.79%
Naples Plaza Ltd 16,518,382 0.74%
Stonebridge Medical Center 12,477,693 0.56% A & S Prop at Clinton Keith 10,610,159 0.48% Oak Springs Ranch 7,665,000 0.34%
Baxter Crossings 7,396,277 0.33%
New Albertsons Inc 7,348,105 0.33%
Federal Natl Mortgage Assn 7,161,671 0.32% Meridian Wildomar Partners 7,149,035 0.32% Prichard Ronald D 6,975,500 0.31%
Baxter Central Ltd Partnership 6,476,273 0.29% D R Horton Los Angeles Holding 6,079,188 0.27% Combined Palomar 5,637,157 0.25%
34400 Monte Vista Drive 4,818,648 0.22% PME Mortgage Fund Inc 4,704,939 0.21% Beaumont Gossett 4,406,031 0.20%
Total Top 25 Taxpayers 506,653,267 13.65% 325,583,366 14.58% Total Taxable Value 3,712,810,278 100.00% 2,233,471,797 100.00% Total Taxable Value includes state unitary of $129,600
Wildomar was incorporated in July 2008, therefore data availability is limited City of Wildomar
Principal Property Tax Payers
Last Fiscal Year and Nine Years Ago
2020-21 2011-12
Source: Riverside County Assessor data, MuniServices, LLC 99 Total Tax Collection in
Fiscal Levy fo r Percentage of Subsequent Percentage of Year Fiscal Year Amount Levy Years Amount Levy
2021 4,688,098$ 4,583,900$ 97.78% 149,400.00 $ 4,733,300 $ 100.96% 2020 4,503,962 4,484,048 99.56% ‐ 4,484,048 99.56% 2019 4,234,361 4,113,696 97.15% 121,773 4,235,469 100.03% 2018 3,973,916 3,848,479 96.84% 122,634 3,971,113 99.93% 2017 3,825,844 3,732,682 97.56% 75,891 3,808,573 99.55% 2016 3,625,979 3,515,561 96.95% 107,546 3,623,107 99.92% 2015 3,394,851 3,241,573 95.48% 125,930 3,367,503 99.19% 2014 3,045,734 2,830,033 92.92% 148,755 2,978,788 97.80% 2013 2,949,607 2,761,748 93.63% 166,385 2,928,133 99.27% 2012 2,925,079 2,718,131 92.93% 119,967 2,838,098 97.03% Source: County of Riverside, City Finance Department
Total Collections to Date
Property Tax Levies and Collections
CITY OF WILDOMAR
The City was not on the tax rolls until fiscal year 2009‐2010, therefore there is no total tax levy. However, the City still received its portion of property tax collections from Riverside County.
Collected within the
Fiscal Year of the Levy
100
General Lease Certificates Total % of Actual
Fiscal Obligation Revenue of County Governmental Assessed Value Per Year Bonds Bonds Participation/Leases Repayment (1) Activities of Property (2) Capita 2021 ‐ $ ‐ $ 1,464,403$ ‐$ 1,464,403$ 0.00% 40 $ 2020 ‐ ‐ 1,541,671 ‐ 1,541,671 0.00% 41 2019 ‐ ‐ 1,525,470 ‐ 1,525,470 0.00% 42 2018 ‐ ‐ ‐ ‐ ‐ 0.00% ‐ 2017 ‐ ‐ ‐ ‐ ‐ 0.00% ‐ 2016 ‐ ‐ ‐ ‐ ‐ 0.00% ‐ 2015 ‐ ‐ ‐ 1,185,337 1,185,337 0.00% 35 2014 ‐ ‐ ‐ 1,294,377 1,294,377 0.00% 39 2013 ‐ ‐ ‐ 1,777,620 1,777,620 0.00% 54 2012 ‐ ‐ ‐ 1,999,581 1,999,581 0.00% 61 The City was incorporated in fiscal year 2008‐2009. No Information prior to fiscal Year 2008‐2009 is available.
Source: City Finance Department
(2) Assessed value used because actual value of taxable property not readily available in the state of California.
CITY OF WILDOMAR
Ratios of Outstanding Debt by Type
(1) County Repayment is not a bonded debt. On September 22,2015, SB 107 was signed into law providing for the forgiveness of debts owed to the County of Riverside.
101
Lake Elsinore Unified School District Community Facilities District No. 2007‐2 Lake Elsinore Unified School District Community Facilities District No. 2013‐1 & 2 OVERLAPPING TAX INCREMENT DEBT (Successor Agency):
(2)
2.52%
0.00%
3.46%
6.64%
AB:($500)
15,590,812$
the portion of the overlapping districts assessed value that is within the boundaries of the city divided by the district's total taxable assessed value. (2) Excludes tax and revenue anticipation notes, enterprise revenue, mortgage revenue and non‐bonded capital lease obligations. Qualified Zone Academy Bonds are included based on principal due at maturity.
Overlapping Tax and Assessment Debt ……………………………………………………………………………………… 717,525,698$
City Of Wildomar $0100%$0
Direct Debt
Riverside County Pension Obligations
Perris Union High School District General Fund Obligation Menifee Union School District Certificates of Participation 8,574,432$
1.195%
0.227%
Western Municipal Water District Certificates of Participation 6,815,211 Mount San Jacinto Community College District General Funds Obligations 81,725
100%
44.393%
19,365,894
3,728,000
1,434,782
3,258,113
10,544,000
10,110,000
Lake Elsinore Unified School District Community Facilities District No. 2005‐3, 5 & 7 Lake Elsinore Unified School District Community Facilities District No. 2006‐3A & 4
0.25%
Perris Union High School District
262,750,000 3.666% 9,632,415
77,898
100%
539,360
6,251,000
94,522,413$
100%
Overlapping General Fund Debt
6,251,000 Elsinore Valley Municipal Water District Community Facilities Districts 237,603,350
100% 2,935,000
Lake Elsinore Unified School District 49,955,000 26.102% 13,039,254
0.364% 466,283
881,575,000
1.1950%Riverside County General Funds Obligation
202,338,028$ 2.197‐19.286%
Direct and Overlapping Governmental Activities Debt
CITY OF WILDOMAR
0.227%
As of June 30, 2021
44.393‐100.
Share of
Debt to City (1) DebtOverlapping Tax and Assessment Debt Applicable
128,099,720
Lake Elsinore Unified School District Community Facilities District No. 99‐1 Lake Elsinore Unified School District Community Facilities District No. 2002‐1 3,728,000
3,232,000
Lake Elsinore Unified School District Community Facilities District No. 2004‐1, 2 ,3 & 4 20,681,000 Lake Elsinore Unified School District Community Facilities District No. 2003‐1 A 3,258,113 Menifee Union School District
2020‐2021 Assessed Valuation
Source: California Municipal Statistics
129,562,583$ Combined Total Debt
$0
129,562,583$
Ratios to 2018‐19 Assessed Valuation:
Ratios to Redevelopment Successor Agency Incremental Valuation ($214,079,728):
Combined Total Debt…………………………………………………………………………………………………………… Total Overlapping Tax Increment Debt ……………………………………………………………………………………… Direct Debt ($0) ………………………………………………………………………………………………………………………… (1) Percentage of overlapping debt applicable to the city is estimated using taxable assessed property value. Applicable percentages were estimated by determining Total Direct Debt
Total Overlapping Debt
19,449,358$
Total Overlapping Tax and Assessment Debt
Total Overlapping General Fund Debt
0.364%
10,534,821
0.397% 40,732
10,544,000
10,110,000
13,065,000 100% 13,065,000
Perris Union High School District Community Facilities District No. 92‐1 32,690,000 Riverside County Flood Control, Zone 4 10,260,000
100%
100%
2,935,000
41,063,367
46,426,771
93,214
168,993
1.143%
3,744,350,767$
‐
3,744,350,767$
Percent City's
Total
0.115% 30,855$ 26,830,000$ Metropolitan Water District Incremental Valuation
Adjusted Assessed Valuation
102
CITY OF WILDOMAR
Legal Debt Margin Information
(dollars in thousands)
2021 2020 2019 2018
Assessed Valuation 3,712,810,278$ 3,555,294,341$ 3,368,179,579$ 3,152,766,645$ Debt Limit Percentage 15% 15% 15% 15%
Debt Limit 556,921,542$ 533,294,151$ 505,226,937$ 472,914,997$ Total Net Debt Applicable to Limit
General Obligation Bonds: ‐ ‐ ‐ ‐ Legal Debt Margin 556,921,542$ 533,294,151$ 505,226,937$ 472,914,997$ Total Net Debt Applicable to the Limit
as a Percentage of Debt Limit 0.00% 0.00% 0.00% 0.00%
Source: City Finance Department, MuniServices
Fiscal Year
Section 43605 of The Government Code of the State of California limits the amount of indebtedness for public improvements to 15% of the assessed valuation of all real and personal property of the City.
The City of Wildomar has no general obligation bond indebtedness. 103
2017 2016 2015 2014 2013 2012
2,990,875,859$ 2,820,562,416$ 2,609,896,984$ 2,293,353,635$ 2,204,512,095$ 2,263,770,999$ 15% 15% 15% 15% 15% 15%
448,631,379$ 423,084,362$ 391,484,548$ 344,003,045$ 330,676,814$ 339,565,650$ ‐ ‐ ‐ ‐ ‐ ‐ 448,631,379$ 423,084,362$ 391,484,548$ 344,003,045$ 330,676,814$ 339,565,650$
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Fiscal Year
104
Fiscal Year
Population
(1)
Personal Income
(In Thousands) (2)
Per Capita
Personal Income
(2)
City
Unemployment
Rate (%) (3)
Median Age
(4)
%High
School
Diploma
% Bachelors
Degree
2020‐21 37,013 1,011,653 27,332 6.9% 34 85% 17% 2019‐20 37,183 941,562 25,322 14.1% 35 85% 17% 2018‐19 36,066 878,083 24,347 3.3% 35 85% 17% 2017‐18 36,287 837,603 23,083 3.9% 35 83% 17% 2016‐17 35,782 776,541 21,702 6.1% 34 84% 16% 2015‐16 35,168 812,908 23,115 6.8% 34 88% 14% 2014‐15 33,696 764,899 22,700 4.0% 34 84% 16% 2013‐14 33,718 761,555 22,586 7.0% 34 83% 17% 2012‐13 33,174 762,836 22,995 9.0% 32 85% 17% 2011‐12 32,719 744,226 22,746 11.0% 33 83% 18% Wildomar was incorporated in July 2008, therefore data availability is limited The California Department of Finance demographics estimates now incorporate 2010 Census counts as the benchmark.
2.) Income Data is provided by the U.S. Census Bureau, 2010 American Community Survey.
3.) Unemployment Data is provided by the EDD's Bureau of Labor Statistics Department.
4.) Median Age reflects the U.S. Census data estimation table.
Source: MuniServices, LLC, / Avenu Insights & Analytics City of Wildomar
Demographic and Economic Statistics
Last Ten Years
1.) Population Projections are provided by the California Department of Finance Projections. 105
2012-13
Business Name Number of Employees
Percent of Total
Employment (%) Number of Employees
Lake Elsinore Unified School District* 2,091 11.88% 2,000 Inland Valley Medical Center ** 1,500 8.52% 784 Southern California Edison 220 1.25% 20 Stater Bros Markets 142 0.81% 100 Cornerstone Community Church*** 109 0.62% 45 Albertson's 105 0.60% 85 Animal Friends of the Valley 83 0.47% Wildomar Senior leisure Community 78 0.44% Sycamore Academy‐Sci‐Cultural Arts 65 0.37% FCP Inc 65 0.37% 200 Jack in the Box ‐ (2 locations) 60
P K Mechanical Systems 50
Coldwell Banker 52
Mc Donald's 50
Total Top 10 Employers 4,458 25.33% 3,446
Total City Labor Force (1) 17,600
Source: MuniServices, LLC / Avenu Insights & Analytics Source: 2012‐13, previously published ACFR, limited data available Results based on direct correspondence with city’s local businesses. * Count is districtwide
** Count includes another location, not within the City Limits. *** Includes the Cornerstone Christian School
(1) Total City Labor Force provided by EDD Labor Force Data.
City of Wildomar
Principal Employers
Current and Seven Years Ago
2020-21
No longer in the top 10
106
CITY OF WILDOMAR
Full‐Time Equivalent City Government Employees by Function/Program 2021 2020 2019 2018 2017 2016
1.0 1.0 1.0 1.0 1.0 1.0
1.0 1.0 1.0 1.0 1.0 1.0
3.0 3.0 3.0 2.0 2.0 2.0
1.0 1.0 1.0 1.0 1.0 1.0
1.0 1.0 1.0 1.0 1.0 1.0
2.0 ‐ ‐ ‐ ‐ 1.0
3.0 3.0 3.0 2.0 3.0 2.0 ‐ ‐ ‐ ‐ ‐ ‐
4.0 3.0 3.0 3.0 2.0 1.0
2.0 ‐ ‐ ‐ ‐ ‐
1.0 1.0 1.0 1.0 1.0 1.0
19.0 14.0 14.0 12.0 12.0 11.0
As of June 30, 2021
Full‐ Time Equiv
Planning Director
Function
City Manager
Full‐ Time Equiv
City Clerk
Full‐ Time Equiv
Full‐ Time Equiv
Asst. City Manager/ Public Works
Full‐ Time Equiv
City Manager Administration
Building/Safety
Full‐ Time Equiv
Source: City Finance Department
TOTAL
Cemetery
Full‐ Time Equiv
Finance
Full‐ Time Equiv
Associate Planne
r
Full‐ Time Equiv
Community Services
Full‐ Time Equiv
Public Works
Full‐ Time Equiv
107
2015 2014 2013 2012
1.0 1.0 1.0 1.0
1.0 1.0 1.0 1.0
1.0 2.0 2.0 2.0
1.0 1.0 ‐ ‐
1.0 1.0 1.0 ‐
1.0 1.0 1.0 1.0
2.0 2.0 2.0 2.0 ‐ ‐ 1.0 ‐
1.0 ‐ ‐ ‐
1.0 1.0 ‐ ‐
1.0 ‐ ‐ ‐
11.0 10.0 9.0 7.0
108
CITY OF WILDOMAR
Operating Indicators by Function/ Program
2021 2020 2019 2018
18,218 19,898 16,576 17,628
87 44 34 44
1,830 485 N/A 573
3,307 3,252 3,102 3,266
5.2 5.1 5.1 5.2
76.32% 74.26% 75.94% 76.00%
23.67% 25.74% 24.06% 24.00%
1,192 981 1,104 1,158
Zoning Inquiries/ Counter Assistance 3,000 2,925 3,020 4,656 Developer Applications/ Projects 25 30 45 71
Building Plan Check Permits 1,000 1,052 1,560 1,674
Planning Director Hearings 0 2 3 1
Planning Commission Meetings 9 13 9 16
45 41 21 35
Source: City Finance Department, City Community Development Department, City Building Department, Riverside County Sheriff's Department, Riverside County Fire/CAL‐Fire, Cemetery (1) Information not available at time of publication.
N/A = Not available.
Function
Police Services
Calls for Service
DUI Arrests
Traffic Citations
% of Calls ‐ All Other
Cemetery
Burial Services
Fire Services
Community Development/ Planning
Responses to Calls for Service
Average Response Time‐Minutes
% of Calls ‐ Medical
Building & Safety
Building Permits Issued
109
2017 2016 2015 2014 2013 2012
17,374 15,916 8,782 4,353 3,954 12,451
32 38 2 8 2 40
334 246 287 375 N/A 474
3,173 3,075 2,962 2,696 2,854 2,664
4.7 4.7 4.9 4.7 4.6 4.5
75.26% 77.66% 75.19% 76.71% 78.87% 75.86%
24.74% 22.34% 24.81% 23.29% 21.13% 24.14%
1,235 1,685 1,321 789 120 130
4,400 4,300 3,800 3,600 3,500 3,400
43 40 48 40 40 38
1,650 1,650 1,000 1,000 N/A N/A
325553
7 1 01 11 0 6 8
12 25 31 34 30 30
110
CITY OF WILDOMAR
Capital Asset Statistics by Function/Program
2021 2020 2019 2018 2017
123.36 123.36 123.36 123.36 119
9.1 9.1 9.1 9.1 9.1
3.87 3.87 3.87 3.87 3.4
47.1 47.1 47.1 47.1 47.1
24.3 24.3 24.3 24.3 23.3
54443
41.85 14.85 14.85 14.85 14.4
11111
Source: City Public Works Department, Community Services Department Function
Public Works
Streets (miles)
Park Acreage
Cemetery
Traffic Signals
Unpaved ‐ Private
Paved ‐ Private
Paved ‐ Public
Unpaved ‐ Public
Community Services
Parks
111
2016 2015 2014 2013 2012
119 119 119 119 119
9.1 9.1 9.1 9.1 9.1
3.4 3.4 3.4 3.4 6.4
47.1 47.1 47.1 47.1 47.1
23.3 23.3 23.3 23.3 23.3
33333
14.4 14.4 14.4 14.4 14.4
11111
112
CITY OF WILDOMAR
Miscellaneous Statistics
24 4
1 1
Source: City Finance Department and California Department of Finance As of June 30, 2021
5 Parks owned by the City
19 Under contract with the Riverside County Sheriff's Department Under contract with the Riverside County Fire Department ( Cal‐Fire) 1 Branch, Riverside County Library System
Fire Department
Library
Recreation:
Number of Full Time Employees
Public Safety:
Police Department
Date of Incorporation
Geographic Location
Population
Wildomar is located along Interstate 15 in Riverside County. 37,013
Council‐Manager
July 1, 2008
Area in Square Miles
Form of Government
Elementary
Middle Schools
High Schools
Schools:
113
CITY OF WILDOMAR – CITY COUNCIL
Agenda Item #1.14
CONSENT CALENDAR
Meeting Date: March 9, 2022
______________________________________________________________________
TO: Mayor and Council Members
FROM: Jason Farag, Capital Projects Manager
PREPARED BY: Warren Repke, Project Manager
SUBJECT: Purchase of Riverpark Mitigation Bank Credits for the Palomar Street/Clinton Keith Rd. Sidewalk, Trail & Connectivity Project, CIP 059
STAFF REPORT
RECOMMENDATION:
Staff recommends that the City Council authorize the City Manager to execute a Mitigation Credit Purchase Agreements between the City of Wildomar and EIP III Credit Co., LLC (Riverpark Mitigation Bank) for the Palomar Street/Clinton Keith Rd. Sidewalk, Trail and Bike Lane Connectivity Project, CIP 059 (Project).
BACKGROUND:
Included in the Fiscal Year 2021/2022 Capital Improvement Program is the improvement of Palomar Street from Clinton Keith Road north to McVicar Street and the south side of Clinton Keith Road in the vicinity of Stable Lanes Road, to provide street improvements, sidewalks, multipurpose trail, and bike lanes. To provide the improvements, disturbance and modifications of two existing natural drainage courses classified as “Waters of the U.S.” on Palomar Street were required. These modifications resulted in the loss of existing wetlands habitat.
DISCUSSION:
In conformance with the California Environmental Quality Act , a Mitigated Negative Declaration was prepared for the Project. The environmental evaluation identified two natural streams classified as “Waters of the U.S.” that will be impacted by the Project and will require permits from the State and Federal Agencies who regulate the streams (U.S.
Army Corp of Engineers, the Regional Water Quality Control Board, and the State Department of Fish and Wildlife). The permits require the identification of the permanent area of disturbance and its mitigation. Mitigation can be achieved by replacing the lost wetlands habitat area with the project or purchasing the same amount of lost area from an available off- site Mitigation Bank. Since it is not practical for the City to replace and maintain the lost wetland area, purchase from a Mitigation Bank is generally the selected option. Mitigation Banks create and maintain wetland areas so that agencies do not have to provide these areas on their own.
Each of the regulatory agencies determines the amount of impacted area to be mitigated with their permit and the Mitigation Bank to be used. For the proposed project the following mitigation requirements were determined by the permits issued:
• 0.15 acre of streambed rehabilitation or reestablishment credits from the Riverpark Mitigation Bank
• 0.30 acre of wetland preservation credits from the Barry Jones Wetland Mitigation Bank (RBV Mitigation Bank)
• 0.12 acre of wetlands reestablishment credits from the San Luis Rey Mitigation Bank
Each mitigation bank determines the cost per credit (1 acre) to establish and maintain the bank. Agreements were previously approved by the City Council on February 9, 2022 for the following Mitigation Banks:
• RBV Mitigation Bank: 0.30 Credits @ $150,000/Credit = $45,000 • San Luis Rey Mitigation Bank: 0.12 Credits @ $575,000/credit = $69,000
Staff has received notification that credits will soon be available from the Riverpark Mitigation Bank and it is recommended by the Bank the needed credits be reserved by processing of a purchase agreement. Credits are available at a cost of $365,000 per credit or $54,750.00 for the 0.15 credits needed for the project.