Review of Expenditures
Yountville Commons Project
Town Council Meeting
June 16, 2026
Town of Yountville, California
Budgeting and Expenditure Procedures
Overview of Expenditures
• Overall Expenditures
• Funding Sources
Detailed Expenditures
• Property Acquisition
• Facility Repair and Renovation for Community Re-Use
• Yountville Commons Development Plan
Realized Assets
• New Community/Resident-Serving Amenities
• Secured Ability to Address Current and Future Housing Needs.
Presentation
1 Town of Yountville, California
• Town of Yountville expenditures always start with the Town Council approved budget. • Funds must be appropriated through the budget process before the Town Council or staff can incur an expense.
• Contracting on behalf of the Town is governed by Yountville Municipal Code Chapter 3.32. • Town Manager authorized contract for services, supplies, and equipment in amounts up to and including $45,000. The Town Manager may contract for higher amounts with specific authorization from the Town Council.
• For public works projects, Town’s ordinance and state law provide authority to the Town Manager to contract in amounts up to and including $75,000 without competitive bidding. The Town Manager may contract for higher amounts without competitive bidding with specific authorization from the Town Council.
Budgeting and Expenditure Procedures
2 Town of Yountville, California
Overview of Expenses by Category
3 Category Expenditure
Percent of
Grand Total
Property Acquisition $11,024,628 77%
Repair and Renovation of Existing
Facilities for Community Re-Use $1,569,357 11%
Commons Development Plan $1,779,499 12%
GRAND TOTAL: $14,373,484 100%
Town of Yountville, California
Sources of Funding – Budgeted & Actual Expenditures
4 Source of Funding Budgeted Actual
General Fund $13,580,075 $10,435,792
Measure S Funds $4,364,925 $3,937,693
TOTAL: $17,945,000 $14,373,484
Town of Yountville, California
Summary of Property Acquisition Expenses
5 Category Expenditure
Percent of
Grand Total
Due Diligence $22,528 <1%
Purchase Price + Title + Notary $11,002,100 76%
SUB-TOTAL: $11,024,628 77%
Town of Yountville, California
Detail of Funding Sources for Property Purchase
6 SOURCE OF FUNDING FUNDING
PERCENT OF
PURCHASE AMOUNT
General Fund Assigned for Affordable Housing Opportunities $3,616,075 33% General Fund Unassigned Fund Balance from FY 2022/2023 $3,364,000 31% Unanticipated Tourism Revenue Deficits Fund $900,000 8% Fleet, Tools, and Equipment Repair and Replacement Fund $102,100* 1% Measure S Fund $3,019,925 27%
TOTAL PURCHASE AMOUNT: $11,002,100 100%
Town of Yountville, California
Summary of Repair and Renovation Expenses
7 Category Expenditure
Percent of
Grand Total
General Site $736,729 5%
Schmitt Hall $83,558 <1%
Library Building* $422,183 3%
South Classroom Building $76,540 <1%
Farmstand $152,413 1%
Dog Park $67,733 <1%
Community Garden $30,202 <1%
SUB-TOTAL: $1,569,357 11%
*Now houses Locals Lounge and Yountville Fit.
Town of Yountville, California
Summary of Yountville Commons Planning Expenses
8 Category Expenditure
Percent of Grand
Total
Community Outreach $97,635 <1%
Vision Plan Documents and Site Model $923,033 6%
Preparation of a Tentative Subdivision Map $280,461 2%
Preparation of Environmental Review Documents (CEQA) $211,703 1% Preparation of Draft Housing Preference Policy $55,140 <1% Preliminary Financial Analysis $59,275 <1%
Design-Build RFQ/RFP Process $152,252 1%
SUB-TOTAL: $1,779,499 12%
PROPERTY - 77% of Expenditures
6.84-Acre Property for Community Amenities and Future Housing NEW COMMUNITY / RESIDENT-SERVING AMENITIES – 11% of Expenditures Schmitt Hall
Yountville Fit
“The Coop” and the Farmstand
Community Garden
Locals Lounge
Yountville Canine Commons Dog Park
ADVANCEMENT OF WORKFORCE AND AFFORDABLE HOUSING NEEDS – 12% of Expenditures Development Plan
General Plan and Zoning Amendments (zoning amendment now repealed) Tentative Map approval
Environmental Clearance
Advancement of Local Preference Policy for Project Housing Preliminary Financial and Funding Analyses
Town of Yountville, California
Realized Assets
9 Town of Yountville, California
Conclusions
10 •All expenditures were approved and budgeted for by the Town Council.
•All expenditures are in alignment with the Town Council’s priority interest of creating a balanced project that addresses housing needs, enhances resident amenities, and supports our local economy.
•Expenditures have resulted in tangible community assets and have advanced the Town’s ability to accommodate its current and future housing needs.