Agenda — Yreka City Council, March 5, 2024

Corey Middleton, Mayor
Paul McCoy, Mayor Pro tempore
Colleen Baker, Councilmember
Drake Davis, Councilmember
Duane Kegg, Councilmember
Jason Ledbetter, City Manager
Rhetta Hogan, Asst. City Manager
Emily Aldrich, Finance Director
Matthew Bray, Public Works Director
John Elsnab, Human Resources Director
Mark Gilman, Police Chief
Andrew Jared, City Attorney
Jerry Lemos, Fire Chief
Juliana Lucchesi, Community Dev. Director
Cyndy Prohaska, City Clerk

YREKA CITY COUNCIL MEETING AGENDA
March 5, 2024
Closed Session: 5:30 PM
Regular Session: 6:30 PM
Yreka City Council Chamber, 701 Fourth Street, Yreka, CA Phone 530-841-2386, Facsimile 530-842-4836, email: [email protected] Regular Meetings of the Yreka City Council are held the 1st and 3rd Tuesday of every month.

The full agenda packet can be found on the City’s website at www.ci.yreka.ca.us/AgendaCenter. Copies of all staff reports and documents subject to disclosure that relate to any item of business referred to on the agenda are available for public inspection 72 hours before each regularly scheduled meeting at the City Clerk’s office at City Hall, located at 701 4th St, Yreka, California during normal business hours. Any writing that is subject to disclosure that relates to an agenda item for open session distributed less than 72 hours prior to the meeting will be available for public inspection at the City Clerk’s office during normal business hours.

Materials distributed to a majority of councilmembers less than 72 hours before a meeting will be available for public inspection on the City’s website at www.ci.yreka.ca.us/AgendaCenter.

Please note the following change to the City’s public comment procedures: Unless a Councilmember is participating in the meeting remotely pursuant to AB 2449, remote public comment will not be accepted.

Public comment may be provided in-person or via email, as set forth below. Members of the public desiring to provide comments as a part of the meeting are encouraged to either submit written comments by 3:00 p.m. to the City Clerk prior to the meeting or to attend the meeting in person." Written comments will be distributed to the Councilmembers but will not be read aloud at the meeting.

1. 5:30PM CALL TO ORDER:

2. PUBLIC COMMENT ON CLOSED SESSION:

3. CLOSED SESSION:

The City Council will recess to Closed Session to discuss the below item(s). At the conclusion of the Closed Session, Open Session will reconvene and reportable action, if any, will be announced. a. Conference with legal counsel—anticipated litigation (City Initiating) (Govt C §54956.9(d)(4) - Number of cases: 1
This meeting is being livestreamed and can be viewed on Siskiyou Media Council’s YouTube Channel https://www.youtube.com/channel/UCzx2GSYFCrgE5przvnzitXQ Yreka City Council Agenda
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4. 6:30PM CALL TO ORDER REGULAR SESSION AND PLEDGE OF ALLEGIANCE:

5. SPECIAL PRESENTATIONS AND/OR ANNOUNCEMENTS:

This time slot is for informational presentations, appointments, or awards to be presented by the City Council or to the City Council.
a. Yreka Fire Department – Appointment of Dakota Martin and Jordan Creany as volunteers to the Yreka Fire Department by Fire Chief Jerry Lemos.

6. PUBLIC COMMENTS:

Public participation is welcomed and invited at all City Council meetings. This time is set aside for residents to address the City Council on matters listed on the Consent Agenda as well as other items not included on the Regular Agenda. If your comments concern an item noted on the Regular Agenda, please address the Council when that item is open for public comment.

The City requests that persons addressing the City Council refrain from making personal, slanderous, profane, or disruptive remarks.

Councilmembers, when recognized by the Mayor, may ask clarifying questions of presenter but no action may be taken by the City Council during the public comment section of the meeting. Under the Brown Act, the City Council is prohibited from discussing or taking action on any item not listed on the posted agenda.

This time is set aside for residents to address the City Council on matters listed on the Consent Agenda as well as other items not included on the Agenda. If your comments concern an item listed under the Public Hearing or New Business sections of the Agenda, please address the Council when that item is open for public comment.
• Please speak into the microphone from the podium. The podium electronically adjusts up and down to accommodate speaker.
• Please state your name for the record prior to providing your comments. • Please address the Council as a whole.
• If you have documents to present, please provide a minimum of seven (7) copies. These become a public record.
• Please limit your remarks to five (5) minutes.
• Since Council is unable to take action on issues not on the agenda, your matter may be referred to staff for follow up or be placed on a future agenda.

The public comment period is not intended to be a “Question and Answer” period or conversations with the Council or City staff.

7. CONSENT AGENDA:

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d. Adoption of Resolution 2024-10 A Resolution of the City Council Adopting a Capitalization Policy for Implementation of the Governmental Accounting Standards Board’s Statement No. 87 and Statement No. 96.
e. Approval of Minutes of the Regular Meeting held February 20, 2024. f. Appointment of Dakota Martin as a Volunteer to the Yreka Fire Department. g. Appointment of Jordan Creany as a Volunteer to the Yreka Fire Department. h. Approval of letter and authorization for the City Manager to solicit from CalFire an estimate for the cost of contract services for Fire and Emergency Medical responses. i. Motion to Adopt Resolution 2024-11 of the City Council of the City of Yreka, State of California, Authorizing the filing of an Application for the Assistance to Firefighters Grant Program.

Recommended City Council Action: Motion to Adopt the Consent Agenda of the City Council of the City of Yreka as presented.

8. OLD BUSINESS:

City Manager
a. Agenda Title: Ballot Measure Draft Language Development Draft ballot measure language is being presented, with the intent to receive feedback and direction on ballot measure language for introduction at a future City Council meeting.

Recommended City Council Action: Discussion and direction to City staff regarding the proposed draft ballot measure language.

9. PUBLIC HEARINGS: (None)
Public Hearing Protocol:
i. Mayor will describe the purpose of the Public Hearing. ii. City Staff will provide the Staff Report.
iii. City Staff will respond to questions from the City Council. iv. Mayor will open the Public Hearing.
v. Public wanting to comment will come to the podium, provide the City Clerk with their name and address, and provide their comments.
vi. Mayor will close the Public Hearing.
vii. City Council will deliberate and act on the item.

10. NEW BUSINESS: (None)

11. CITY MANAGER/STAFF REPORTS:

City Manager and Staff may make brief announcements or reports at this time.

12. MAYOR/COUNCILMEMBERS REPORTS, STATEMENTS AND REQUESTS:

AB 1234* Conference and Meeting Report (verbal, if any) *(In accordance with AB 1234, Councilmembers shall make a brief report or file a written report on any meeting/event/conference attended at City expense.) Members of the Council may make brief announcements, reports, or request staff to report to the Council on any matter at a subsequent meeting.

13. ADJOURNMENT:

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In compliance with the requirements of the Brown Act, notice of this meeting has been posted in a publicly accessible place, 72 hours in advance of the meeting.

Public Hearings: If you wish to challenge in court any of the matters on an agenda for which a public hearing is to be conducted, you may be limited to raising only those issues which you (or someone else) raised orally at the public hearing or in written correspondence received by the City at or before the hearing. Any person seeking to challenge a City Council decision made as a result of a proceeding in which by law a hearing is required to be given, evidence is required to be taken, and the discretion in the determination of facts is vested in the City Council, shall be required to commence that action 90 days following the date on which the decision becomes final as provided in Code of Civil Procedure Section 1094.6. Please refer to Code of Civil Procedure 1094.6 to determine how to calculate when a decision becomes “final.”
"CHALLENGING DECISIONS OF CITY ENTITIES The time limit within which to commence any lawsuit or legal challenge to any quasi-adjudicative decision made by the City of Yreka is governed by Section 1094.6 of the Code of Civil Procedure, unless a shorter limitation period is specified by any other provision, including without limitation Government Code section 65009 applicable to many land use and zoning decisions, Government Code section 66499.37 applicable to the Subdivision Map Act, and Public Resources Code section 21167 applicable to the California Environmental Quality Act (CEQA). Under Section 1094.6, any lawsuit or legal challenge to any quasi-adjudicative decision made by the City must be filed no later than the 90th day following the date on which such decision becomes final. Any lawsuit or legal challenge, which is not filed within that 90-day period, will be barred. Government Code section 65009 and 66499.37, and Public Resources Code section 21167, impose shorter limitations periods and requirements, including timely service in addition to filing. If a person wishes to challenge the above actions in court, they may be limited to raising only those issues they or someone else raised at the meeting described in this notice, or in written correspondence delivered to the City of Yreka, at or prior to the meeting. In addition, judicial challenge may be limited or barred where the interested party has not sought and exhausted all available administrative remedies." The City of Yreka does not discriminate on the basis of race, color, national origin, religion, age, gender, sexual orientation, disability, or any other legally protected classes in employment or provision of services. In compliance with the Americans with Disabilities Act, those requiring accommodations for this meeting should notify the City Clerk 48 hours prior to the meeting at (530) 841-2386 or by notifying the Clerk at [email protected].

AFFIDAVIT OF NOTIFICATION AND POSTING

STATE OF CALIFORNIA)

COUNTY OF SISKIYOU) SS

CITY OF YREKA )
I, Cyndy Prohaska, City Clerk for the City of Yreka, hereby declare under penalty of perjury that a copy of the above Agenda of the Regular Meeting of the City Council of the City of Yreka, California, was delivered and/or notice by email not less than 72 hours, before the hour of 5:30PM on March 5, 2024 to the members of the governing agency, and caused the agenda to be posted on the City’s website at www.ci.yreka.ca.us and posted at Yreka City Hall, 701 Fourth St., Yreka, California. /s/: Cyndy Prohaska
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Fund Type Fund Fund Description Previous Balance
Receipts /
Debits
Disbursements /
Credits
Cash Balance by
Fund
General-Unrestricted 01 General Operating $ 7,564,883.59 $ 685,742.89 $ 597,350.32 $ 7,653,276.16 General-Designated 01 General Oper. - Other - - - 0.00
General-Designated 01 Comm Art - - - 0.00
General-Designated 01 Fire Museum 3,322.35 - - 3,322.35 General-Designated 01 Planning Deposits - - - 0.00
General-Designated 01 Sidewalk in Lieu 39,278.46 - - 39,278.46 General-Designated 01 Parkland Trust 300.00 - - 300.00
General-Designated 01 Police Asset Forfeit 17,089.86 - - 17,089.86 General-Designated 01 Parking Fees - - - 0.00
General-Designated 01 Campbell Tract Redemption - - - 0.00 General-Designated 02 Gifts Donations 25,301.19 - - 25,301.19 General-Designated 02 K-9 Unit - - - 0.00
General-Designated 02 YPD Donated - Hitson 5,804.44 - - 5,804.44 General-Designated 02 YPD Donated - Travellers 741.68 - - 741.68 General-Designated 02 YPD Donated - Teen Fund 3,956.43 - - 3,956.43 General-Restricted 04 Crandell Cash 425,548.87 - 2,236.58 423,312.29 General-Restricted 05 Property Abatement Recovery (96,989.39) - 9,767.60 (106,756.99) General-Designated 08 Grant Projects Reserve 1,461,042.22 - 50,000.00 1,411,042.22 General-Designated 08 PERS Pension Liability Reserve - - - 0.00 General-Designated 09 Reserves for Cap. Outlay 584,297.89 - - 584,297.89 General-Designated 10 Capital Outlay (338,382.95) - - (338,382.95) General-Designated 11 Capital Building Project - YPD (18,656.92) - 917.41 (19,574.33) General - All General-Designated 12 Debt Servicing - GF (YPD Bldg) 409,605.48 - - 409,605.48 General-Designated 12 Debt Servicing Reserves - GF (YPD Bldg) 200,000.00 - - 200,000.00 General-Designated 90 Payroll Clearing (854,474.00) 732,651.17 610,135.28 (731,958.11) 9,580,656.07 $ Spec. Rev. -Streets 20 Road and Street Funds including HUTA 1,021,149.61 - 29,155.61 991,994.00 Spec. Rev. -Streets 21 Local Transportation 768,570.36 - - 768,570.36 Streets Spec. Rev. -Streets 24 Fines - Traffic Safety 246,980.89 1,249.65 4,206.77 244,023.77 2,004,588.13 $ Special Revenue 30 Fire Assessment Spec. Rev 1,321,797.26 28,007.90 7,604.96 1,342,200.20 Special Revenue 31 Landfill Access Fee - Debt Service (26,954.20) 19,813.09 1,718.80 (8,859.91) Special Revenues Special Revenue 32 Developer Impact Fees 257,168.13 - - 257,168.13 $ 1,590,508.42 Special Grants 60 Spec Grants Capital Outlay 2,294,367.47 107,744.78 - 2,186,622.69 Special Grants Special Grants 65 Community Development Grants 950,849.55 617.19 24,499.50 926,967.24 SpecialOperating 67 SUMIT Operating 464,884.61 - 246.05 464,638.56 $ 3,578,228.49 Water Enterprise 70 Water Operating (776,131.06) 298,463.73 259,515.15 (737,182.48) Water Enterprise 71 Water Capital Projects 3,480,864.23 - 2,870.91 3,477,993.32 Water Enterprise 72 Water Debt Servicing 890,853.54 - 7,187.66 883,665.88 Water Enterprise 72 USDA COPS 2010 300,000.00 - - 300,000.00 Water Enterprise Water Enterprise 74 Water Reserves 2,658,920.28 54,565.73 2,713,486.01 - $ 6,637,962.73 Sewer Enterprise 80 Sewer Operating (686,713.17) 251,885.68 225,329.85 (660,157.34) Sewer Enterprise 81 Sewer Capital Outlay (490,006.47) - 71,690.22 (561,696.69) Sewer Enterprise 82 Sewer Debt Servicing 138,743.42 - - 138,743.42 Sewer Enterprise 82 USDA COPS 2003 250,000.00 - - 250,000.00 Enterprise-Sewer Sewer Enterprise 84 Sewer Reserves 3,924,476.49 63,767.50 3,988,243.99 - $ 3,155,133.38 Agency
Agency 92 Agency SUMIT - Cash 3,717.17 - - 3,717.17 $ 3,717.17 COLUMN TOTALS $ 26,426,207.31 $ 2,136,764.53 $ 2,012,177.45 $ 26,550,794.39 $ 26,550,794.39 -
BANK RECAPITULATION PER BANK Market Value Unrealized Gain PER LEDGER L.A.I.F. 0.861% 21,138,123.51 20,865,978.92 (272,144.59) Pershing Bank - CD & Treas Investments 3,187,000.00 3,131,114.19 (55,885.81) Pershing Bank - Cash 20,335.69
Petty Cash Drawers 1,200.00
YVFD Petty Cash -
Banner Bank (DDA for Bank Anticipation Note -
MB SUMIT Operating x2233 467,188.65
MB SUMIT Asset Forfeiture X4281 3,707.25
Mechanics Bank - ZBA x6830 814.33
Mechanics Bank - MM x6505 503,404.12
Mechanics Bank - 01015102 1,449,125.23
TOTAL PER BANK 26,770,898.78

ADJUSTMENTS
Less Outstanding Checks MB (182,564.31)
Less Outstanding Checks SVB SUMIT (2,550.09)
Interest CR (GL ) November 2023 (9.96)
Transfer 9/30 - Posted 10/2 at Bank 4,508.01
Transfer 8/31 - Posted 9/1 at Bank 2,936.40
RMRA not posted in SB, 12/6 (17,832.39)
Return check not posted SB 8.53
Jaguar Deposit (338.49)
VSP (53.80)
BRMS (25.52)
Health 0.13
Unreconciled Diff (443.09)
Mechanics Money Market (1,754.52)
Mechanics Money Market (1,649.60)
MBSC Interest - OCT (10,823.82)
MBSC Interest - Nov (9,511.87)
TOTAL PER LEDGER 26,550,794.39 26,550,794.39
(0.00)
Corey Middleton, City Mayor
Emily Aldrich, Finance Director

CITY OF YREKA

REPORT ON CASH TO THE CITY COUNCIL
11/31/2023
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2023-2024 Operating Budget of Revenue and Expenditures
with Year to Date Actual Results November 30, 2023
Fund AnalysisMajor Grp Fund 2 Adopted Operating Budget Year to Date 3 Adopted Operating Budget Year to Date 4 Operating Budget Net Actual
Year to Date
Current Cash
Balance
Investment in LAIF 00 - - - - - - -
General Operating 01 10,026,053.00 10,026,053.00 2,539,780.18 9,969,884.10 9,969,884.10 4,588,431.97 (2,048,651.79) 56,168.90 7,713,266.83 General Operating Fund 10,026,053.00 10,026,053.00 2,539,780.18 9,969,884.10 9,969,884.10 4,588,431.97 56,168.90 (2,048,651.79) 7,713,266.83 Gifts Donations 02 - - 322.86 1,500.00 1,500.00 2,957.44 (2,634.58) (1,500.00) 35,803.74 Trusts -Crandell-Stewart 04 - - 3,714.90 2,200.00 2,200.00 2,236.58 1,478.32 (2,200.00) 423,312.29 Property Abatement 05 - - - - - 138,115.78 (138,115.78) - (106,756.99) General Fund Reserves 08 - - 6,030.42 - - 50,000.00 (43,969.58) - 1,411,042.22 Reserves for Cap. Outlay 09 180,000.00 180,000.00 180,000.00 513,535.00 513,535.00 513,535.00 (333,535.00) (333,535.00) 584,297.89 Capital Outlay 10 20,000.00 20,000.00 (180,000.00) 95,000.00 95,000.00 160,585.89 (75,000.00) (340,585.89) (338,382.95) Construction Fund 11 - - - - - 2,857.43 - (2,857.43) (19,574.33)General Fund Debt Servicing 12 126,670.00 126,670.00 126,670.00 126,670.00 126,670.00 22,111.25 104,558.75 - 609,605.48Payroll Clearing 90 - - - - 101,730.05 - (101,730.05) - (731,958.11) General Fund - Restricted or Designated 326,670.00 326,670.00 136,738.18 738,905.00 738,905.00 994,129.42 (412,235.00) (857,391.24) 1,867,389.24 Total General Fund 10,352,723.00 10,352,723.00 2,676,518.36 10,708,789.10 10,708,789.10 5,582,561.39 (356,066.10) (2,906,043.03) 9,580,656.07Gas Tax & Traffic Cong. 20 1,167,948.01 1,167,948.01 910,602.01 1,167,948.01 1,167,948.01 322,068.68 588,533.33 - 991,994.00 Local Transportation 21 200,000.00 200,000.00 (53,290.46) 200,000.00 200,000.00 - - (53,290.46) 768,570.36Fines - Traffic Safety 24 74,480.66 74,480.66 63,510.20 74,480.66 74,480.66 21,884.57 - 41,625.63 244,023.77 Road, Street & Transit - Restricted 1,442,428.67 1,442,428.67 920,821.75 1,442,428.67 1,442,428.67 343,953.25 576,868.50 - 2,004,588.13 Total Road, Streets and Transit 1,442,428.67 1,442,428.67 920,821.75 1,442,428.67 1,442,428.67 343,953.25 576,868.50 - 2,004,588.13Fire Assessment Spec. Rev 30 348,000.00 348,000.00 155,155.47 205,726.24 205,726.24 37,802.60 142,273.76 117,352.87 1,342,200.20 Landfill Access Fee - Debt Service 31 240,000.00 240,000.00 100,523.42 240,000.00 240,000.00 184,836.27 - (84,312.85) (8,859.91) Developer Impact Fees 32 26,000.00 26,000.00 18,130.57 9,500.00 9,500.00 - 16,500.00 18,130.57 257,168.13Special Revenue - Restricted 614,000.00 614,000.00 273,809.46 455,226.24 455,226.24 222,638.87 158,773.76 51,170.59 1,590,508.42 Total Special Revenue 614,000.00 614,000.00 273,809.46 455,226.24 455,226.24 222,638.87 158,773.76 51,170.59 1,590,508.42 Spec Grants Capital Outlay 60 4,096,535.00 4,096,535.00 718,038.93 4,489,650.00 4,489,650.00 380,354.85 (393,115.00) 337,684.08 2,186,622.69 Community Development Grants 65 1,063,662.00 1,063,662.00 321,917.38 1,515,000.00 1,515,000.00 38,275.11 (451,338.00) 283,642.27 926,967.24 SUMIT Operating Fund 67 - - 4.96 218,000.00 218,000.00 3,111.73 (218,000.00) (3,106.77) 464,638.56Special Grants - Capital Projects 5,160,197.00 5,160,197.00 1,039,961.27 6,222,650.00 6,222,650.00 421,741.69 (1,062,453.00) 618,219.58 3,578,228.49 Special Grants - Operating & Capital Projects 5,160,197.00 5,160,197.00 1,039,961.27 6,222,650.00 6,222,650.00 421,741.69 (1,062,453.00) 618,219.58 3,578,228.49 Water Operating 70 3,700,811.98 3,700,811.98 842,192.43 3,700,811.98 3,700,811.98 1,263,109.41 (420,916.98) - (737,182.48) Water Capital Projects 71 3,565,779.00 3,565,779.00 2,475,428.72 3,419,968.00 3,419,968.00 256,531.37 145,811.00 2,218,897.35 3,477,993.32 Water Debt Servicing 72 356,576.92 356,576.92 349,076.92 349,076.92 349,076.92 1,301.00 7,500.00 347,775.92 1,183,665.88 Water Reserves 74 (2,030,615.18) (2,030,615.18) (1,765,638.47) - - - (2,030,615.18) (1,765,638.47) 2,713,486.01 Water Enterprise 5,592,552.72 5,592,552.72 1,901,059.60 7,469,856.90 7,469,856.90 1,520,941.78 (1,877,304.18) 380,117.82 6,637,962.73 Sewer Operating 80 3,160,288.95 3,160,288.95 519,139.16 3,160,288.95 3,160,288.95 886,535.67 (367,396.51) - (660,157.34) Sewer Capital Outlay 81 8,210,203.00 8,210,203.00 543,981.99 8,210,203.00 8,210,203.00 2,354,579.69 (1,810,597.70) - (561,696.69)Sewer Debt Servicing 82 449,538.50 449,538.50 447,538.50 444,407.50 444,407.50 187,790.00 5,131.00 259,748.50 388,743.42 Sewer Reserves 84 (1,073,712.98) (1,073,712.98) (966,859.00) - - - (1,073,712.98) (966,859.00) 3,988,243.99 Sewer Enterprise Fund 10,746,317.47 10,746,317.47 543,800.65 11,814,899.45 11,814,899.45 3,428,905.36 (1,068,581.98) (2,885,104.71) 3,155,133.38Total Enterprise Funds 16,338,870.19 16,338,870.19 2,444,860.25 19,284,756.35 19,284,756.35 4,949,847.14 (2,945,886.16) (2,504,986.89) 9,793,096.11 SUMIT Agency Trust - Cash 92 - - - - - - - - 3,717.17
Agency Funds - - - - - - - - 3,717.17 \
Total Agency Funds - - - - - - - - 3,717.17
All Funds Combined 33,908,218.86 33,908,218.86 7,355,971.09 38,113,850.36 38,113,850.36 11,520,742.34 (4,205,631.50) (4,164,771.25) 26,550,794.39 Excess of Rev over Exp.-Surplus/
R E V E N U E E X P E N S E (Deficit)
Approval:______________________________________________________Corey Middleton, Mayor Yreka City Council Agenda
2/14/2024 4:51 PM
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City of Yreka Financial Statement Groupings
Summary FY 23-24 YTD Fiscal Performance
as of November 30, 2023
ACCOUNT DESCRIPTION Adopted Bdgt Current Period Favorable or (Unfavorable)
Revised Operating
Bdgt

1. GENERAL FUNDSRevenue
801 REVENUE: PROP TAXES 1,383,425.00 1,383,425.00 65,079.92 -1,318,345.08807 MVLF IN LIEU 740,000.00 0.00 -740,000.00 740,000.00810 SALES TAX 4,363,000.00 4,363,000.00 1,170,371.31 -3,192,628.69813 REVENUE: TOT TAXES 1,200,000.00 349,913.82 -850,086.18 1,200,000.00814 REVENUE: FRANCHISE FEES 300,000.00 62,200.01 -237,799.99 300,000.00815 REVENUE - LICENSES AND PERMITS 260,700.00 77,724.46 -182,975.54 260,700.00825 REVENUE - FINES & FORFEITURES 250.00 5,402.66 5,152.66 250.00830 REVENUE - USE OF MONEY & PROPERTY 160,800.00 332,051.62 171,251.62 160,800.00850 REVENUE - INTERGOVERNMENTAL 1,099,616.50 1,099,616.50 287,364.50 -812,252.00870 REVENUE - USER FEES AND CHARGES 65,150.00 36,459.95 -28,690.05 65,150.00880 ICA ALLOCATION 573,781.50 240,000.00 -333,781.50 573,781.50882 REVENUE - OTHER 6,000.00 49,950.11 43,950.11 6,000.00883 GAIN (LOSS) ON SALE OF ASSETS 200,000.00 0.00 -200,000.00 200,000.00898 INTERFUND TRANSFERS 0.00 0.00 0.00 0.00

1. GENERAL FUNDS Revenue Totals 10,352,723.00 10,352,723.00 2,676,518.36 -7,676,204.64Expense 100 MAYOR, COUNCIL, CITY MANAGER, CLERK 646,797.14 646,797.14 170,183.28 476,613.86110 EXP. GENERAL GOVERNMENT 998,187.34 931,915.85 66,271.49 998,187.34130 PUBLIC SAFETY CODE ENFORCEMENT 171,805.57 176,845.80 -5,040.23 171,805.57 Wednesday, February 14, 2024 Page 1 of 8
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ACCOUNT DESCRIPTION Adopted Bdgt Current Period Favorable or (Unfavorable)
Revised Operating
Bdgt
200 PUBLIC SAFETY - POLICE 4,458,899.93 4,458,899.93 1,549,394.63 2,909,505.30210 PUBLIC SAFETY - FIRE 777,358.21 166,885.82 610,472.39 777,358.21215 PUBLIC SAFETY - HAZARD MITIGATION 0.00 6,079.48 -6,079.48 0.00220 PLANNING AND DEVELOPMENT 1,205,262.66 1,205,262.66 285,491.57 919,771.09300 PUBLIC WORKS - ENGINEERING AND ADMIN 108,270.72 31,024.48 77,246.24 108,270.72350 PUBLIC WORKS - MECHANICAL MAINT (ELIM) 0.00 282,522.83 -282,522.83 0.00370 PUBLIC WORKS - SERVICE CENTER (ELIM) 0.00 12,476.66 -12,476.66 0.00400 CULTURAL & REC - PARKS AND REC 531,911.86 165,335.57 366,576.29 531,911.86600 COMMUNITY DEVELOPMENT 0.00 28,937.18 -28,937.18 0.00645 CAPITAL OUTLAY 75,000.00 144,731.32 -69,731.32 75,000.00740 PRINCIPAL ON LT DEBT 37,000.00 0.00 37,000.00 37,000.00745 INTEREST ON LT DEBT 89,670.00 22,111.25 67,558.75 89,670.00760 INTERFUND TRANSFERS 1,608,625.67 1,608,625.67 0.00 1,608,625.67

1. GENERAL FUNDS Expense Totals 10,708,789.10 10,708,789.10 5,582,561.39 5,126,227.711. GENERAL FUNDS Net Position Change -356,066.10 -356,066.10 -2,906,043.03 -2,549,976.93 Wednesday, February 14, 2024 Page 2 of 8
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ACCOUNT DESCRIPTION Adopted Bdgt Current Period Favorable or (Unfavorable)
Revised Operating
Bdgt
Summary for 'Auditor Fund' = 1. GENERAL FUNDS (1097 detail records)2. STREETS FUNDSRevenue 825 REVENUE - FINES & FORFEITURES 15,000.00 15,000.00 4,771.35 -10,228.65830 REVENUE - USE OF MONEY & PROPERTY 6,500.00 18,558.97 12,058.97 6,500.00850 REVENUE - INTERGOVERNMENTAL 627,900.00 115,462.76 -512,437.24 627,900.00887 REVENUE: INKIND 11,000.00 0.00 -11,000.00 11,000.00898 INTERFUND TRANSFERS 782,028.67 782,028.67 0.00 782,028.67

2. STREETS FUNDS Revenue Totals 1,442,428.67 1,442,428.67 920,821.75 -521,606.92Expense 300 PUBLIC WORKS - ENGINEERING AND ADMIN 84,844.99 84,844.99 20,643.26 64,201.73310 PUBLIC WORKS - STREET MAINTENANCE 613,255.50 253,983.95 359,271.55 613,255.50311 PUBLIC WORKS - STREET SWEEPING 106,813.12 14,475.72 92,337.40 106,813.12312 PUBLIC WORKS - STREET LIGHTING 81,024.54 13,490.44 67,534.10 81,024.54313 PUBLIC WORKS - WEED CONTROL STREETS 7,543.04 255.00 7,288.04 7,543.04314 PUBLIC WORKS - PUBLIC PARKING LOTS 1,959.91 196.16 1,763.75 1,959.91320 PUBLIC WORKS - TRAFFIC SAFETY 74,480.66 74,480.66 21,884.57 52,596.09340 TRANSPORTATION 200,000.00 0.00 200,000.00 200,000.00390 PUBLIC WORKS - STORM DRAINS 182,506.91 19,024.15 163,482.76 182,506.91645 CAPITAL OUTLAY 90,000.00 0.00 90,000.00 90,000.00

2. STREETS FUNDS Expense Totals 1,442,428.67 1,442,428.67 343,953.25 1,098,475.422. STREETS FUNDS Net Position Change 0.00 0.00 576,868.50 576,868.50 Wednesday, February 14, 2024 Page 3 of 8
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ACCOUNT DESCRIPTION Adopted Bdgt Current Period Favorable or (Unfavorable)
Revised Operating
Bdgt
Summary for 'Auditor Fund' = 2. STREETS FUNDS (280 detail records)3. SPECIAL REVENUE FUNDSRevenue 811 OTHER TAXES 330,000.00 330,000.00 143,939.03 -186,060.97815 REVENUE - LICENSES AND PERMITS 26,000.00 15,978.61 -10,021.39 26,000.00830 REVENUE - USE OF MONEY & PROPERTY 18,000.00 13,368.40 -4,631.60 18,000.00870 REVENUE - USER FEES AND CHARGES 240,000.00 100,523.42 -139,476.58 240,000.00

3. SPECIAL REVENUE FUNDS Revenue Totals 614,000.00 614,000.00 273,809.46 -340,190.54Expense 100.3 COLLECTION EXPENSE 65,000.00 65,000.00 9,836.27 55,163.73 210 PUBLIC SAFETY - FIRE 15,000.00 0.00 15,000.00 15,000.00645 CAPITAL OUTLAY 100,000.00 0.00 100,000.00 100,000.00740 PRINCIPAL ON LT DEBT 196,586.16 145,386.17 51,199.99 196,586.16745 INTEREST ON LT DEBT 69,140.08 67,416.43 1,723.65 69,140.08760 INTERFUND TRANSFERS 9,500.00 0.00 9,500.00 9,500.00

3. SPECIAL REVENUE FUNDS Expense Totals 455,226.24 455,226.24 222,638.87 232,587.373. SPECIAL REVENUE FUNDS Net Position Change 158,773.76 158,773.76 51,170.59 -107,603.17 Wednesday, February 14, 2024 Page 4 of 8
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ACCOUNT DESCRIPTION Adopted Bdgt Current Period Favorable or (Unfavorable)
Revised Operating
Bdgt
Summary for 'Auditor Fund' = 3. SPECIAL REVENUE FUNDS (43 detail records)4. CAPITAL & CDBG GRANTSRevenue 830 REVENUE - USE OF MONEY & PROPERTY 600.00 600.00 8,855.38 8,255.38850 REVENUE - INTERGOVERNMENTAL 3,133,000.00 104,508.89 -3,028,491.11 3,133,000.00882 REVENUE - OTHER 100,000.00 100,000.00 0.00 100,000.00898 INTERFUND TRANSFERS 1,926,597.00 1,926,597.00 826,597.00 -1,100,000.00

4. CAPITAL & CDBG GRANTS Revenue Totals 5,160,197.00 5,160,197.00 1,039,961.27 -4,120,235.73Expense 220 PLANNING AND DEVELOPMENT 0.00 0.00 20,702.50 -20,702.50600 COMMUNITY DEVELOPMENT 395,000.00 144,240.29 250,759.71 395,000.00645 CAPITAL OUTLAY 5,827,650.00 5,827,650.00 256,798.90 5,570,851.10

4. CAPITAL & CDBG GRANTS Expense Totals 6,222,650.00 6,222,650.00 421,741.69 5,800,908.314. CAPITAL & CDBG GRANTS Net Position Change -1,062,453.00 -1,062,453.00 618,219.58 1,680,672.58 Wednesday, February 14, 2024 Page 5 of 8
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ACCOUNT DESCRIPTION Adopted Bdgt Current Period Favorable or (Unfavorable)
Revised Operating
Bdgt
Summary for 'Auditor Fund' = 4. CAPITAL & CDBG GRANTS (177 detail records)5. WATER FUNDSRevenue 510 WATER TREATMENT AND CONSERVATION 850.00 850.00 9,132.55 8,282.55830 REVENUE - USE OF MONEY & PROPERTY 80,000.00 113,553.63 33,553.63 80,000.00850 REVENUE - INTERGOVERNMENTAL 2,650,000.00 245,428.72 -2,404,571.28 2,650,000.00870 REVENUE - USER FEES AND CHARGES 4,168,423.72 1,532,944.70 -2,635,479.02 4,168,423.72898 INTERFUND TRANSFERS -1,306,721.00 0.00 1,306,721.00 -1,306,721.00

5. WATER FUNDS Revenue Totals 5,592,552.72 5,592,552.72 1,901,059.60 -3,691,493.12Expense 100.3 COLLECTION EXPENSE 353,852.41 353,852.41 129,165.42 224,686.99300.1 ENGINEERING 399,218.30 89,887.82 309,330.48 399,218.30 500 WATER DISTRIBUTION EXPENSE 1,186,227.05 1,186,227.05 198,412.66 987,814.39510 WATER TREATMENT AND CONSERVATION 1,480,260.01 560,870.30 919,389.71 1,480,260.01 510.1 COST OF POWER AND WATER 297,670.00 154,773.21 142,896.79 297,670.00 645 CAPITAL OUTLAY 3,480,000.00 3,480,000.00 173,800.63 3,306,199.37690 CAPITALIZATION OF ASSETS -764,000.00 -764,000.00 82,730.74 -846,730.74740 PRINCIPAL ON LT DEBT 225,642.76 225,642.76 0.00 225,642.76745 INTEREST ON LT DEBT 123,434.16 1,301.00 122,133.16 123,434.16760 INTERFUND TRANSFERS 375,000.00 0.00 375,000.00 375,000.00799 ICA EXPENSE 312,552.21 130,000.00 182,552.21 312,552.21

5. WATER FUNDS Expense Totals 7,469,856.90 7,469,856.90 1,520,941.78 5,948,915.125. WATER FUNDS Net Position Change -1,877,304.18 -1,877,304.18 380,117.82 2,257,422.00 Wednesday, February 14, 2024 Page 6 of 8
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ACCOUNT DESCRIPTION Adopted Bdgt Current Period Favorable or (Unfavorable)
Revised Operating
Bdgt
Summary for 'Auditor Fund' = 5. WATER FUNDS (376 detail records)6. SEWER FUNDSRevenue 830 REVENUE - USE OF MONEY & PROPERTY 95,000.00 95,000.00 102,639.63 7,639.63850 REVENUE - INTERGOVERNMENTAL 5,500,000.00 -852,000.01 -6,352,000.01 5,500,000.00870 REVENUE - USER FEES AND CHARGES 3,835,096.47 1,288,185.89 -2,546,910.58 3,835,096.47882 REVENUE - OTHER 0.00 4,975.14 4,975.14 0.00898 INTERFUND TRANSFERS 1,316,221.00 1,316,221.00 0.00 -1,316,221.00

6. SEWER FUNDS Revenue Totals 10,746,317.47 10,746,317.47 543,800.65 -10,202,516.82Expense 100.3 COLLECTION EXPENSE 372,518.41 372,518.41 124,202.74 248,315.67300.1 ENGINEERING 358,029.30 80,121.73 277,907.57 358,029.30510.1 COST OF POWER AND WATER 277,400.00 93,735.60 183,664.40 277,400.00 550 WASTEWATER COLLECTION EXPENSE 772,375.75 102,267.14 670,108.61 772,375.75560 WASTEWATER TREATMENT EXPENSE 1,128,736.20 1,128,736.20 376,208.46 752,527.74645 CAPITAL OUTLAY 7,825,203.00 2,332,678.69 5,492,524.31 7,825,203.00690 CAPITALIZATION OF ASSETS 0.00 0.00 21,901.00 -21,901.00740 PRINCIPAL ON LT DEBT 230,000.00 140,000.00 90,000.00 230,000.00745 INTEREST ON LT DEBT 214,407.50 47,790.00 166,617.50 214,407.50760 INTERFUND TRANSFERS 375,000.00 0.00 375,000.00 375,000.00799 ICA EXPENSE 261,229.29 110,000.00 151,229.29 261,229.29

6. SEWER FUNDS Expense Totals 11,814,899.45 11,814,899.45 3,428,905.36 8,385,994.096. SEWER FUNDS Net Position Change -1,068,581.98 -1,068,581.98 -2,885,104.71 -1,816,522.73 Wednesday, February 14, 2024 Page 7 of 8
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ACCOUNT DESCRIPTION Adopted Bdgt Current Period Favorable or (Unfavorable)
Revised Operating
Bdgt
Summary for 'Auditor Fund' = 6. SEWER FUNDS (257 detail records) Grand Total 4,205,631.50 4,205,631.50 4,164,771.25 -40,860.25 Wednesday, February 14, 2024 Page 8 of 8
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Fund Type Fund Fund Description Previous Balance
Receipts /
Debits
Disbursements /
Credits
Cash Balance by
Fund
General-Unrestricted 01 General Operating $ 7,653,276.16 $ 1,382,523.28 $ 1,053,816.79 $ 7,981,982.65 General-Designated 01 General Oper. - Other - - - 0.00
General-Designated 01 Comm Art - - - 0.00
General-Designated 01 Fire Museum 3,322.35 - - 3,322.35 General-Designated 01 Planning Deposits - - - 0.00
General-Designated 01 Sidewalk in Lieu 39,278.46 - - 39,278.46 General-Designated 01 Parkland Trust 300.00 - - 300.00
General-Designated 01 Police Asset Forfeit 17,089.86 - - 17,089.86 General-Designated 01 Parking Fees - - - 0.00
General-Designated 01 Campbell Tract Redemption - - - 0.00 General-Designated 02 Gifts Donations 25,301.19 - 161.97 25,139.22 General-Designated 02 K-9 Unit - - - 0.00
General-Designated 02 YPD Donated - Hitson 5,804.44 - - 5,804.44 General-Designated 02 YPD Donated - Travellers 741.68 - - 741.68 General-Designated 02 YPD Donated - Teen Fund 3,956.43 - - 3,956.43 General-Restricted 04 Crandell Cash 423,312.29 - - 423,312.29 General-Restricted 05 Property Abatement Recovery (106,756.99) - 3,969.24 (110,726.23) General-Designated 08 Grant Projects Reserve 1,411,042.22 - 1,411,042.22 - General-Designated 08 PERS Pension Liability Reserve - - - 0.00 General-Designated 09 Reserves for Cap. Outlay 584,297.89 545.27 - 584,843.16 General-Designated 10 Capital Outlay (338,382.95) - (338,382.95) - General-Designated 11 Capital Building Project - YPD (19,574.33) - 26,165.14 (45,739.47) General - All General-Designated 12 Debt Servicing - GF (YPD Bldg) 409,605.48 - - 409,605.48 General-Designated 12 Debt Servicing Reserves - GF (YPD Bldg) 200,000.00 - - 200,000.00 General-Designated 90 Payroll Clearing (731,958.11) 1,227,180.59 1,035,732.10 (540,509.62) 10,071,059.97 $ Spec. Rev. -Streets 20 Road and Street Funds including HUTA 991,994.00 52,635.91 54,679.94 989,949.97 Spec. Rev. -Streets 21 Local Transportation 768,570.36 - - 768,570.36 Streets Spec. Rev. -Streets 24 Fines - Traffic Safety 244,023.77 1,782.28 8,734.43 237,071.62 1,995,591.95 $ Special Revenue 30 Fire Assessment Spec. Rev 1,342,200.20 27,723.73 46,517.08 1,323,406.85 Special Revenue 31 Landfill Access Fee - Debt Service (8,859.91) 20,608.90 3,614.17 8,134.82 Special Revenues Special Revenue 32 Developer Impact Fees 257,168.13 - - 257,168.13 $ 1,588,709.80 Special Grants 60 Spec Grants Capital Outlay 2,186,622.69 169,000.00 21,138.22 2,334,484.47 Special Grants Special Grants 65 Community Development Grants 926,967.24 2,827.19 12,632.58 917,161.85 SpecialOperating 67 SUMIT Operating 464,638.56 - 2,200.00 462,438.56 $ 3,714,084.88 Water Enterprise 70 Water Operating (737,182.48) 230,827.25 386,898.93 (893,254.16) Water Enterprise 71 Water Capital Projects 3,477,993.32 - 30,563.12 3,447,430.20 Water Enterprise 72 Water Debt Servicing 883,665.88 - 7,187.66 876,478.22 Water Enterprise 72 USDA COPS 2010 300,000.00 - - 300,000.00 Water Enterprise Water Enterprise 74 Water Reserves 2,713,486.01 45,147.96 2,758,633.97 - $ 6,489,288.23 Sewer Enterprise 80 Sewer Operating (660,157.34) 259,967.92 334,897.17 (735,086.59) Sewer Enterprise 81 Sewer Capital Outlay (561,696.69) 337,698.19 - (899,394.88) Sewer Enterprise 82 Sewer Debt Servicing 138,743.42 - - 138,743.42 Sewer Enterprise 82 USDA COPS 2003 250,000.00 - - 250,000.00 Enterprise-Sewer Sewer Enterprise 84 Sewer Reserves 3,988,243.99 63,767.92 4,052,011.91 - $ 2,806,273.86 Agency
Agency 92 Agency SUMIT - Cash 3,717.17 - - 3,717.17 $ 3,717.17 COLUMN TOTALS $ 26,550,794.39 $ 3,484,538.20 $ 3,366,606.73 $ 26,668,725.86 $ 26,668,725.86 -
BANK RECAPITULATION PER BANK Market Value Unrealized Gain PER LEDGER L.A.I.F. 0.861% 21,138,123.51 20,865,978.92 (272,144.59) Pershing Bank - CD & Treas Investments 3,187,000.00 3,157,729.56 (29,270.44) Pershing Bank - Cash 32,153.90
Petty Cash Drawers 1,200.00
YVFD Petty Cash -
Banner Bank (DDA for Bank Anticipation No -
MB SUMIT Operating x2233 467,854.33
MB SUMIT Asset Forfeiture X4281 3,707.34
Mechanics Bank - ZBA x6830 795.21
Mechanics Bank - MM x6505 505,003.98
Mechanics Bank - 01015102 1,485,539.33
TOTAL PER BANK 26,821,377.60

ADJUSTMENTS
Less Outstanding Checks MB (88,550.11)
Less Outstanding Checks SVB SUMIT (5,415.77)
Interest CR (GL ) December 2023 (11.39)
Transfer 12/30 - Posted 1/2 at Bank 20,480.19
BRMS 3.84
PERS (39,570.68)
Aflac (527.38)
TASC (1,391.56)
Unreconciled Diff (2.91)
BRMS 7.01
Health 0.02
BP Adjust 131.00
VSP 51.92
LIHWAP (1,911.00)
Taxes Receivable 1,212.96
Mechanics Money Market (1,754.52)
Mechanics Money Market (1,649.60)
Mechanics Money Market (1,599.86)
MBSC Interest - OCT (10,823.82)
MBSC Interest - Nov (9,511.87)
MBSC Interest - Dec (11,818.21)
TOTAL PER LEDGER 26,668,725.86 26,668,725.86
(0.00)
Corey Middleton, City Mayor
Emily Aldrich, Finance Director

CITY OF YREKA

REPORT ON CASH TO THE CITY COUNCIL
12/31/2023
Yreka City Council Agenda
March 5, 2024

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2023-2024 Operating Budget of Revenue and Expenditures
with Year to Date Actual Results December 31, 2023
Fund AnalysisMajor Grp Fund 2 Adopted Operating Budget Year to Date 3 Adopted Operating Budget Year to Date 4 Operating Budget Net Actual
Year to Date
Current Cash
Balance
Investment in LAIF 00 - - - - - - -
General Operating 01 10,026,053.00 10,026,053.00 3,995,497.46 9,969,884.10 9,969,884.10 5,599,168.97 (1,603,671.51) 56,168.90 8,041,973.32 General Operating Fund 10,026,053.00 10,026,053.00 3,995,497.46 9,969,884.10 9,969,884.10 5,599,168.97 56,168.90 (1,603,671.51) 8,041,973.32 Gifts Donations 02 - - 322.86 1,500.00 1,500.00 3,119.41 (2,796.55) (1,500.00) 35,641.77 Trusts -Crandell-Stewart 04 - - 3,714.90 2,200.00 2,200.00 2,236.58 1,478.32 (2,200.00) 423,312.29 Property Abatement 05 - - - - - 142,085.02 (142,085.02) - (110,726.23) General Fund Reserves 08 - - 6,030.42 - - 50,000.00 (43,969.58) - 1,411,042.22 Reserves for Cap. Outlay 09 180,000.00 180,000.00 180,545.27 513,535.00 513,535.00 513,535.00 (333,535.00) (332,989.73) 584,843.16 Capital Outlay 10 20,000.00 20,000.00 (180,000.00) 95,000.00 95,000.00 160,585.89 (75,000.00) (340,585.89) (338,382.95) Construction Fund 11 - - - - - 29,022.57 - (29,022.57) (45,739.47)General Fund Debt Servicing 12 126,670.00 126,670.00 126,670.00 126,670.00 126,670.00 22,111.25 104,558.75 - 609,605.48Payroll Clearing 90 - - - - - 17,168.57 - (17,168.57) (540,509.62) General Fund - Restricted or Designated 326,670.00 326,670.00 137,283.45 738,905.00 738,905.00 939,864.29 (412,235.00) (802,580.84) 2,029,086.65 Total General Fund 10,352,723.00 10,352,723.00 4,132,780.91 10,708,789.10 10,708,789.10 6,539,033.26 (356,066.10) (2,406,252.35) 10,071,059.97 Gas Tax & Traffic Cong. 20 1,167,948.01 1,167,948.01 962,757.44 1,167,948.01 1,167,948.01 376,268.14 586,489.30 - 989,949.97 Local Transportation 21 200,000.00 200,000.00 (53,290.46) 200,000.00 200,000.00 - - (53,290.46) 768,570.36Fines - Traffic Safety 24 74,480.66 74,480.66 65,292.48 74,480.66 74,480.66 30,619.00 - 34,673.48 237,071.62 Road, Street & Transit - Restricted 1,442,428.67 1,442,428.67 974,759.46 1,442,428.67 1,442,428.67 406,887.14 567,872.32 - 1,995,591.95 Total Road, Streets and Transit 1,442,428.67 1,442,428.67 974,759.46 1,442,428.67 1,442,428.67 406,887.14 567,872.32 - 1,995,591.95Fire Assessment Spec. Rev 30 348,000.00 348,000.00 183,924.99 205,726.24 205,726.24 84,076.46 142,273.76 99,848.53 1,323,406.85 Landfill Access Fee - Debt Service 31 240,000.00 240,000.00 120,612.86 240,000.00 240,000.00 188,436.88 - (67,824.02) 8,134.82 Developer Impact Fees 32 26,000.00 26,000.00 18,130.57 9,500.00 9,500.00 - 16,500.00 18,130.57 257,168.13Special Revenue - Restricted 614,000.00 614,000.00 322,668.42 455,226.24 455,226.24 272,513.34 158,773.76 50,155.08 1,588,709.80 Total Special Revenue 614,000.00 614,000.00 322,668.42 455,226.24 455,226.24 272,513.34 158,773.76 50,155.08 1,588,709.80 Spec Grants Capital Outlay 60 4,096,535.00 4,096,535.00 874,590.54 4,489,650.00 4,489,650.00 401,493.07 (393,115.00) 473,097.47 2,334,484.47 Community Development Grants 65 1,063,662.00 1,063,662.00 324,172.18 1,515,000.00 1,515,000.00 50,720.19 (451,338.00) 273,451.99 917,161.85 SUMIT Operating Fund 67 - - 4.96 218,000.00 218,000.00 5,311.73 (218,000.00) (5,306.77) 462,438.56Special Grants - Capital Projects 5,160,197.00 5,160,197.00 1,198,767.68 6,222,650.00 6,222,650.00 457,524.99 (1,062,453.00) 741,242.69 3,714,084.88 Special Grants - Operating & Capital Projects 5,160,197.00 5,160,197.00 1,198,767.68 6,222,650.00 6,222,650.00 457,524.99 (1,062,453.00) 741,242.69 3,714,084.88 Water Operating 70 3,700,811.98 3,700,811.98 1,009,705.05 3,700,811.98 3,700,811.98 1,595,426.13 (585,721.08) - (893,254.16) Water Capital Projects 71 3,565,779.00 3,565,779.00 2,475,428.72 3,419,968.00 3,419,968.00 287,094.49 145,811.00 2,188,334.23 3,447,430.20 Water Debt Servicing 72 356,576.92 356,576.92 349,076.92 349,076.92 349,076.92 1,532.77 7,500.00 347,544.15 1,176,478.22 Water Reserves 74 (2,030,615.18) (2,030,615.18) (1,720,490.51) - - - (2,030,615.18) (1,720,490.51) 2,758,633.97 Water Enterprise 5,592,552.72 5,592,552.72 2,113,720.18 7,469,856.90 7,469,856.90 1,884,053.39 (1,877,304.18) 229,666.79 6,489,288.23 Sewer Operating 80 3,160,288.95 3,160,288.95 711,308.67 3,160,288.95 3,160,288.95 1,145,674.89 (434,366.22) - (735,086.59)Sewer Capital Outlay 81 8,210,203.00 8,210,203.00 543,981.99 8,210,203.00 8,210,203.00 2,692,277.88 (2,148,295.89) - (899,394.88)Sewer Debt Servicing 82 449,538.50 449,538.50 447,538.50 444,407.50 444,407.50 187,790.00 5,131.00 259,748.50 388,743.42 Sewer Reserves 84 (1,073,712.98) (1,073,712.98) (903,091.08) - - - (1,073,712.98) (903,091.08) 4,052,011.91 Sewer Enterprise Fund 10,746,317.47 10,746,317.47 799,738.08 11,814,899.45 11,814,899.45 4,025,742.77 (1,068,581.98) (3,226,004.69) 2,806,273.86Total Enterprise Funds 16,338,870.19 16,338,870.19 2,913,458.26 19,284,756.35 19,284,756.35 5,909,796.16 (2,945,886.16) (2,996,337.90) 9,295,562.09 SUMIT Agency Trust - Cash 92 - - - - - - - - 3,717.17
Agency Funds - - - - - - - - 3,717.17 \
Total Agency Funds - - - - - - - - 3,717.17
All Funds Combined 33,908,218.86 33,908,218.86 9,542,434.73 38,113,850.36 38,113,850.36 13,585,754.89 (4,205,631.50) (4,043,320.16) 26,668,725.86 Excess of Rev over Exp.-Surplus/
R E V E N U E E X P E N S E (Deficit)
Approval:______________________________________________________Corey Middleton, Mayor Yreka City Council Agenda
2/27/2024 10:58 AM
March 5, 2024

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City of Yreka Financial Statement Groupings
Summary FY 23-24 YTD Fiscal Performance
as of December 31, 2023
ACCOUNT DESCRIPTION Adopted Bdgt Current Period Favorable or (Unfavorable)
Revised Operating
Bdgt

1. GENERAL FUNDSRevenue
801 REVENUE: PROP TAXES 1,383,425.00 1,383,425.00 837,656.04 -545,768.96807 MVLF IN LIEU 740,000.00 0.00 -740,000.00 740,000.00810 SALES TAX 4,363,000.00 4,363,000.00 1,474,647.69 -2,888,352.31813 REVENUE: TOT TAXES 1,200,000.00 427,727.32 -772,272.68 1,200,000.00814 REVENUE: FRANCHISE FEES 300,000.00 62,200.01 -237,799.99 300,000.00815 REVENUE - LICENSES AND PERMITS 260,700.00 91,980.02 -168,719.98 260,700.00825 REVENUE - FINES & FORFEITURES 250.00 4,683.95 4,433.95 250.00830 REVENUE - USE OF MONEY & PROPERTY 160,800.00 332,961.58 172,161.58 160,800.00850 REVENUE - INTERGOVERNMENTAL 1,099,616.50 1,099,616.50 506,010.57 -593,605.93870 REVENUE - USER FEES AND CHARGES 65,150.00 42,346.42 -22,803.58 65,150.00880 ICA ALLOCATION 573,781.50 288,000.00 -285,781.50 573,781.50882 REVENUE - OTHER 6,000.00 64,567.31 58,567.31 6,000.00883 GAIN (LOSS) ON SALE OF ASSETS 200,000.00 0.00 -200,000.00 200,000.00898 INTERFUND TRANSFERS 0.00 0.00 0.00 0.00

1. GENERAL FUNDS Revenue Totals 10,352,723.00 10,352,723.00 4,132,780.91 -6,219,942.09Expense 100 MAYOR, COUNCIL, CITY MANAGER, CLERK 646,797.14 646,797.14 234,417.60 412,379.54110 EXP. GENERAL GOVERNMENT 998,187.34 930,527.11 67,660.23 998,187.34130 PUBLIC SAFETY CODE ENFORCEMENT 171,805.57 193,240.85 -21,435.28 171,805.57 Tuesday, February 27, 2024 Page 1 of 8
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ACCOUNT DESCRIPTION Adopted Bdgt Current Period Favorable or (Unfavorable)
Revised Operating
Bdgt
200 PUBLIC SAFETY - POLICE 4,458,899.93 4,458,899.93 2,129,025.00 2,329,874.93210 PUBLIC SAFETY - FIRE 777,358.21 244,613.82 532,744.39 777,358.21215 PUBLIC SAFETY - HAZARD MITIGATION 0.00 6,140.68 -6,140.68 0.00220 PLANNING AND DEVELOPMENT 1,205,262.66 1,205,262.66 358,669.62 846,593.04300 PUBLIC WORKS - ENGINEERING AND ADMIN 108,270.72 38,445.84 69,824.88 108,270.72350 PUBLIC WORKS - MECHANICAL MAINT (ELIM) 0.00 347,284.02 -347,284.02 0.00370 PUBLIC WORKS - SERVICE CENTER (ELIM) 0.00 16,144.57 -16,144.57 0.00400 CULTURAL & REC - PARKS AND REC 531,911.86 197,269.09 334,642.77 531,911.86600 COMMUNITY DEVELOPMENT 0.00 41,621.68 -41,621.68 0.00645 CAPITAL OUTLAY 75,000.00 170,896.46 -95,896.46 75,000.00740 PRINCIPAL ON LT DEBT 37,000.00 0.00 37,000.00 37,000.00745 INTEREST ON LT DEBT 89,670.00 22,111.25 67,558.75 89,670.00760 INTERFUND TRANSFERS 1,608,625.67 1,608,625.67 0.00 1,608,625.67

1. GENERAL FUNDS Expense Totals 10,708,789.10 10,708,789.10 6,539,033.26 4,169,755.841. GENERAL FUNDS Net Position Change -356,066.10 -356,066.10 -2,406,252.35 -2,050,186.25 Tuesday, February 27, 2024 Page 2 of 8
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ACCOUNT DESCRIPTION Adopted Bdgt Current Period Favorable or (Unfavorable)
Revised Operating
Bdgt
Summary for 'Auditor Fund' = 1. GENERAL FUNDS (1108 detail records)2. STREETS FUNDSRevenue 825 REVENUE - FINES & FORFEITURES 15,000.00 15,000.00 6,553.63 -8,446.37830 REVENUE - USE OF MONEY & PROPERTY 6,500.00 18,558.97 12,058.97 6,500.00850 REVENUE - INTERGOVERNMENTAL 627,900.00 167,618.19 -460,281.81 627,900.00887 REVENUE: INKIND 11,000.00 0.00 -11,000.00 11,000.00898 INTERFUND TRANSFERS 782,028.67 782,028.67 0.00 782,028.67

2. STREETS FUNDS Revenue Totals 1,442,428.67 1,442,428.67 974,759.46 -467,669.21Expense 300 PUBLIC WORKS - ENGINEERING AND ADMIN 84,844.99 84,844.99 27,278.75 57,566.24310 PUBLIC WORKS - STREET MAINTENANCE 613,255.50 277,175.48 336,080.02 613,255.50311 PUBLIC WORKS - STREET SWEEPING 106,813.12 28,597.69 78,215.43 106,813.12312 PUBLIC WORKS - STREET LIGHTING 81,024.54 17,077.11 63,947.43 81,024.54313 PUBLIC WORKS - WEED CONTROL STREETS 7,543.04 255.00 7,288.04 7,543.04314 PUBLIC WORKS - PUBLIC PARKING LOTS 1,959.91 196.16 1,763.75 1,959.91320 PUBLIC WORKS - TRAFFIC SAFETY 74,480.66 74,480.66 30,619.00 43,861.66340 TRANSPORTATION 200,000.00 0.00 200,000.00 200,000.00390 PUBLIC WORKS - STORM DRAINS 182,506.91 25,687.95 156,818.96 182,506.91645 CAPITAL OUTLAY 90,000.00 0.00 90,000.00 90,000.00

2. STREETS FUNDS Expense Totals 1,442,428.67 1,442,428.67 406,887.14 1,035,541.532. STREETS FUNDS Net Position Change 0.00 0.00 567,872.32 567,872.32 Tuesday, February 27, 2024 Page 3 of 8
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ACCOUNT DESCRIPTION Adopted Bdgt Current Period Favorable or (Unfavorable)
Revised Operating
Bdgt
Summary for 'Auditor Fund' = 2. STREETS FUNDS (290 detail records)3. SPECIAL REVENUE FUNDSRevenue 811 OTHER TAXES 330,000.00 330,000.00 172,708.55 -157,291.45815 REVENUE - LICENSES AND PERMITS 26,000.00 15,978.61 -10,021.39 26,000.00830 REVENUE - USE OF MONEY & PROPERTY 18,000.00 13,368.40 -4,631.60 18,000.00870 REVENUE - USER FEES AND CHARGES 240,000.00 120,612.86 -119,387.14 240,000.00

3. SPECIAL REVENUE FUNDS Revenue Totals 614,000.00 614,000.00 322,668.42 -291,331.58Expense 100.3 COLLECTION EXPENSE 65,000.00 65,000.00 13,436.88 51,563.12 210 PUBLIC SAFETY - FIRE 15,000.00 46,273.86 -31,273.86 15,000.00645 CAPITAL OUTLAY 100,000.00 0.00 100,000.00 100,000.00740 PRINCIPAL ON LT DEBT 196,586.16 145,386.17 51,199.99 196,586.16745 INTEREST ON LT DEBT 69,140.08 67,416.43 1,723.65 69,140.08760 INTERFUND TRANSFERS 9,500.00 0.00 9,500.00 9,500.00

3. SPECIAL REVENUE FUNDS Expense Totals 455,226.24 455,226.24 272,513.34 182,712.903. SPECIAL REVENUE FUNDS Net Position Change 158,773.76 158,773.76 50,155.08 -108,618.68 Tuesday, February 27, 2024 Page 4 of 8
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ACCOUNT DESCRIPTION Adopted Bdgt Current Period Favorable or (Unfavorable)
Revised Operating
Bdgt
Summary for 'Auditor Fund' = 3. SPECIAL REVENUE FUNDS (43 detail records)4. CAPITAL & CDBG GRANTSRevenue 830 REVENUE - USE OF MONEY & PROPERTY 600.00 600.00 8,900.18 8,300.18850 REVENUE - INTERGOVERNMENTAL 3,133,000.00 263,270.50 -2,869,729.50 3,133,000.00882 REVENUE - OTHER 100,000.00 100,000.00 0.00 100,000.00898 INTERFUND TRANSFERS 1,926,597.00 1,926,597.00 826,597.00 -1,100,000.00

4. CAPITAL & CDBG GRANTS Revenue Totals 5,160,197.00 5,160,197.00 1,198,767.68 -3,961,429.32Expense 220 PLANNING AND DEVELOPMENT 0.00 0.00 20,702.50 -20,702.50600 COMMUNITY DEVELOPMENT 395,000.00 159,022.94 235,977.06 395,000.00645 CAPITAL OUTLAY 5,827,650.00 5,827,650.00 277,799.55 5,549,850.45

4. CAPITAL & CDBG GRANTS Expense Totals 6,222,650.00 6,222,650.00 457,524.99 5,765,125.014. CAPITAL & CDBG GRANTS Net Position Change -1,062,453.00 -1,062,453.00 741,242.69 1,803,695.69 Tuesday, February 27, 2024 Page 5 of 8
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ACCOUNT DESCRIPTION Adopted Bdgt Current Period Favorable or (Unfavorable)
Revised Operating
Bdgt
Summary for 'Auditor Fund' = 4. CAPITAL & CDBG GRANTS (179 detail records)5. WATER FUNDSRevenue 830 REVENUE - USE OF MONEY & PROPERTY 80,000.00 80,000.00 113,553.63 33,553.63850 REVENUE - INTERGOVERNMENTAL 2,650,000.00 260,180.02 -2,389,819.98 2,650,000.00870 REVENUE - USER FEES AND CHARGES 4,169,273.72 1,739,986.53 -2,429,287.19 4,169,273.72898 INTERFUND TRANSFERS -1,306,721.00 0.00 1,306,721.00 -1,306,721.00

5. WATER FUNDS Revenue Totals 5,592,552.72 5,592,552.72 2,113,720.18 -3,478,832.54Expense 100.3 COLLECTION EXPENSE 353,852.41 353,852.41 164,929.31 188,923.10300.1 ENGINEERING 399,218.30 104,453.69 294,764.61 399,218.30 500 WATER DISTRIBUTION EXPENSE 1,186,227.05 1,186,227.05 272,636.68 913,590.37510 WATER TREATMENT AND CONSERVATION 1,480,260.01 723,515.91 756,744.10 1,480,260.01 510.1 COST OF POWER AND WATER 297,670.00 173,890.54 123,779.46 297,670.00 645 CAPITAL OUTLAY 3,480,000.00 3,480,000.00 204,363.75 3,275,636.25690 CAPITALIZATION OF ASSETS -764,000.00 82,730.74 -846,730.74 -764,000.00740 PRINCIPAL ON LT DEBT 225,642.76 225,642.76 0.00 225,642.76745 INTEREST ON LT DEBT 123,434.16 1,532.77 121,901.39 123,434.16760 INTERFUND TRANSFERS 375,000.00 0.00 375,000.00 375,000.00799 ICA EXPENSE 312,552.21 156,000.00 156,552.21 312,552.21

5. WATER FUNDS Expense Totals 7,469,856.90 7,469,856.90 1,884,053.39 5,585,803.515. WATER FUNDS Net Position Change -1,877,304.18 -1,877,304.18 229,666.79 2,106,970.97 Tuesday, February 27, 2024 Page 6 of 8
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ACCOUNT DESCRIPTION Adopted Bdgt Current Period Favorable or (Unfavorable)
Revised Operating
Bdgt
Summary for 'Auditor Fund' = 5. WATER FUNDS (377 detail records)6. SEWER FUNDSRevenue 830 REVENUE - USE OF MONEY & PROPERTY 95,000.00 95,000.00 102,639.63 7,639.63850 REVENUE - INTERGOVERNMENTAL 5,500,000.00 -852,000.01 -6,352,000.01 5,500,000.00870 REVENUE - USER FEES AND CHARGES 3,835,096.47 1,544,123.32 -2,290,973.15 3,835,096.47882 REVENUE - OTHER 0.00 4,975.14 4,975.14 0.00898 INTERFUND TRANSFERS 1,316,221.00 1,316,221.00 0.00 -1,316,221.00

6. SEWER FUNDS Revenue Totals 10,746,317.47 10,746,317.47 799,738.08 -9,946,579.39Expense 100.3 COLLECTION EXPENSE 372,518.41 372,518.41 159,352.36 213,166.05300.1 ENGINEERING 358,029.30 91,150.26 266,879.04 358,029.30510.1 COST OF POWER AND WATER 277,400.00 116,153.07 161,246.93 277,400.00 550 WASTEWATER COLLECTION EXPENSE 772,375.75 141,346.81 631,028.94 772,375.75560 WASTEWATER TREATMENT EXPENSE 1,128,736.20 1,128,736.20 505,672.39 623,063.81645 CAPITAL OUTLAY 7,825,203.00 2,670,376.88 5,154,826.12 7,825,203.00690 CAPITALIZATION OF ASSETS 0.00 0.00 21,901.00 -21,901.00740 PRINCIPAL ON LT DEBT 230,000.00 140,000.00 90,000.00 230,000.00745 INTEREST ON LT DEBT 214,407.50 47,790.00 166,617.50 214,407.50760 INTERFUND TRANSFERS 375,000.00 0.00 375,000.00 375,000.00799 ICA EXPENSE 261,229.29 132,000.00 129,229.29 261,229.29

6. SEWER FUNDS Expense Totals 11,814,899.45 11,814,899.45 4,025,742.77 7,789,156.686. SEWER FUNDS Net Position Change -1,068,581.98 -1,068,581.98 -3,226,004.69 -2,157,422.71 Tuesday, February 27, 2024 Page 7 of 8
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ACCOUNT DESCRIPTION Adopted Bdgt Current Period Favorable or (Unfavorable)
Revised Operating
Bdgt
Summary for 'Auditor Fund' = 6. SEWER FUNDS (258 detail records) Grand Total 4,205,631.50 4,205,631.50 4,043,320.16 -162,311.34 Tuesday, February 27, 2024 Page 8 of 8
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Settlement Account Par Book Market Interest Maturity Market Date Investment Number Amount Value Value Rate % Date Value % Certificates of DepositVarious Multi-Bank Securities, Inc - PERSHING BANK *** RMB-034398 3,187,000.00 3,157,729.56 2,881,816.75 1.708% 0-5 years 90.42% Cash and Equivalents
12/31/2023 Local Agency Investment Fund - LAIF *** 98-47-996 21,138,123.51 21,138,123.51 20,731,446.35 3.929% NONE 98.08% 12/31/2023 Multi-Bank Securities, Inc - PERSHING BANK *** - Cash RMB-034398 32,153.90 32,153.90 32,153.90 0.000% NONE N/A 12/31/2023 Mechanics Bank- Checking xxxxxxx5102 1,485,539.33 1,485,539.33 1,485,539.33 0.010% NONE 100.00%12/31/2023 Mechanics Bank-ZBA Credit Card Payments xxxxxxx6830 795.21 795.21 795.21 0.000% NONE N/A 12/31/2023 Mechanics Bank-SUMIT Non Adjudicated xxxxxxx4281 3,707.34 3,707.34 3,707.34 0.010% 100.00% 12/31/2023 Mechanics Bank-SUMIT Operating xxxxxxx2233 467,854.33 467,854.33 467,854.33 0.000% NONE 100.00%12/31/2023 Mechanics Bank - Money Market xxxxxxx6505 505,003.98 505,003.98 505,003.98 3.040% NONE 100.00%12/31/2023 Petty Cash - City Departments 1,200.00 1,200.00 1,200.00 NONE 100.00% TOTAL CASH AND INVESTMENTS $ 26,821,377.60 $ 26,792,107.16 $ 26,109,517.19 *** See supplemental data on Multi Bank Securities and LAIF Investment maturities, investment portfolio mix and yield Emily Aldrich, Finance Director
Approved by motion of the Yreka City Council at its meeting held March 5, 2024Corey Middleton, Mayor Rhetta Hogan, Elected City Treasurer

QUARTERLY INVESTMENT REPORT
December 31, 2023
The instruments of investments used this quarter are in direct relationship with the City's investment policy. It is the opinion of the Finance Diretor and CityTreasurer that the next six (6) months expenditures will be met.

Yreka City Council Agenda March 5, 2024

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RESOLUTION 2024-10

A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF YREKA

ADOPTING A CAPITLIZATION POLICY FOR IMPLEMENTATION
OFTHE GOVERNMENTAL ACCOUNTING STANDARDS BOARD’S
STATEMENT NO. 87 AND STATEMENT NO. 96; AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, the City of Yreka desires to have a written policy outlining the policy and processes for Governmental Accounting Standards Boards (“GASB”) Statement No. 87 and Statement No. 96, and the City does not currently have such a policy; and WHEREAS, the City Council is of the opinion that the GASB Statement No. 87 and No. 96 Policy hereto as Exhibit “A” should be adopted effective July 1, 2022, that coincides with the start of fiscal year 2022-2023.

NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YREKA THAT:

Section 1. The above and foregoing premises are true and correct and are incorporated herein and made a part hereof for all purposes.

Section 2. The City Council of the City of Yreka hereby adopts the GASB Statement No. 87 and No. 96 Policy attached hereto as Exhibit “A.”
Section 3. This Resolution shall become effective immediately upon its passage.

PASSED AND APPROVED on this 5th day of March 2024.

CITY OF YREKA, CA ATTEST:

By: By:

Corey Middleton, Mayor Cyndy Prohaska
Yreka City Council Agenda
March 5, 2024

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CITY OF YREKA POLICY:

GASB STATEMENT NO. 87 – LEASES, AND
GASB STATEMENT NO. 96 – SUBSCRIPTION BASED ASSETS
EFFECTIVE: 07-01-2022
Purpose
Governmental Accounting Standards Boards (“GASB”) Statement No. 87, Leases (GASB 87), requires the City to report lessee and lessor lease activity in the City’s annual financial statements.

Under GASB 87, the City is required to report a right to use asset and related lease liability for any lessee lease positions the City maintains.

Under GASB 96, a Subscription-based Technology Arrangement (SBITA) is defined as a contract that conveys control of the right to use another party’s information technology software as specified in the contract for a period of time in an exchange or exchange-like transaction.

For both, the City is required to report a receivable and related deferred inflow of resources for any lessor positions maintained by the city. For the purposes of implementation of this pronouncement and establish working guidelines, the following policy has been adopted.

Policy
It is the policy of the City that lease activity will be reported in the City’s financial statements and footnotes in accordance with the requirements outlined in both GASB 87 and GASB 96.

Threshold – In accordance with the City of Yreka’s capitalization policy, the threshold for a lease or SBITA to be capitalized and reported will be $15,000. - or greater in lease payments through the lease term. Any leases and SBITA’s below the threshold will be expensed in the fiscal year incurred. This threshold should only be applied once upon entering into a lease agreement as defined by GASB Statement 87 and Statement 96.

Intangible right-to-use lease assets (a capital asset category) associated with leases of the City should be capitalized if the amount is $15,000. - or greater in future lease payments through the lease term. If the City is a lessee in a leasing arrangement, the intangible right-to-use lease asset should be capitalized if greater than or equal to the threshold above. Assets with remaining lease payments below the threshold should be expensed as payments are made.

Subscription-Based IT Arrangements exist when a contract conveys control of the right to use another party’s software, alone or in combination with tangible capital assets, as specified in the contract for a period of time. Subscription-Based IT Arrangementsshould be capitalized if greater than or equal to the threshold above.

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Definitions
Lease – GASB 87 defines a lease as a contract that conveys control of the right to use another entity’s nonfinancial asset (the underlying asset) as specified in the contract for a period of time in an exchange or exchange-like transaction.

In considering the right to use another entity’s nonfinancial asset, the City must consider whether both of the following are true:
• Does the City have the right to obtain the present service capacity from use of the underlying asset as specified in the contract?
• Doesthe City have the right to determine the nature and manner of use of the underlying asset as specified in the contract?
Lessor – In a contract, a lessor is the legal owner of an asset who provides the lessee the right to use or occupy the asset for a specified period in an exchange or exchange-like transaction.

Lessee – In a contract, the lessee isthe party who receives the right to use an asset for a specified period and makes periodic payments to the lessor based upon the contract requirements.

Subscription-Based IT Arrangements – In a contract that conveys control of the right to use another party’s software, alone or in combination with tangible capital assets, as specified in the contract for a period of time. SBITAs commonly include provisions such as remote access to software applications or cloud data storage and differ from traditional arrangements in that they allow temporary use that ends when the subscription expires. (The three most common deployment models for cloud computing are Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS)). If the contract includes both tangible capital assets and the cost of the software component is insignificant compared to the cost of the tangible capital assets, the contract is excluded as an SBITA and will be accounted for as a lease. If the contract includes both a subscription component (the right to use an underlying asset) and a nonsubscription component (for example, a separate perpetual licensing arrangement or maintenance services), the components should be accounted for separately.

Incremental Borrowing Rate – Interest rate the City would be offered should the City choose to borrow the funds required to make future lease payments for a term similar to the lease term.

Procedures
Beginning July 1, 2022, leases greater than 12 months in duration (Lease Term) that meet the dollar thresholds (Threshold) within this policy will require the recognition of a lease asset and lease liability when City isthe lessee, or a lease receivable and deferred inflow of resources when City is the lessor.

Lease Term
The lease term includes a non-cancelable term plus:
• Periods covered by a lessee’s option to extend the lease if it is reasonably certain, based on all relevant factors, that the lessee will exercise that option. • Periods covered by a lessee’s option to terminate the lease if it is reasonably certain, Yreka City
based on all relevant factors, that the lessee will not exercise that Council Agenda
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• Periods covered by a lessor’s option to extend the lease if it is reasonably certain, based on all relevant factors, that the lessor will exercise that option. • Periods covered by a lessor’s option to terminate the lease if it is reasonably certain, based on all relevant factors, that the lessor will not exercise that option.

Short Term Leases
This policy does not apply to short-term leases which are defined as a lease that, at the commencement of the lease term, has a maximum possible term under the lease contract of 12 months (or less), including any options to extend, regardless of their probability of being exercised.

Interest Rates
For purposes of calculating the present value of future lease payments (lessee) or lease revenues (lessor), the city utilizes the following discount rates in order of priority:
• Interest rate as stated in the contract.
• The City’s incremental borrowing rate, as determined by the Finance Department. • It is highly recommended new lease agreements be negotiated in such a manner that an explicit interest rate is contained within the contract. This would require collaboration of the accounting, procurement, and legal departments to ensure that contract terms meet financial reporting needs and include the most accurate measure of discounting for leasing arrangements (i.e., a stated interest rate) as establish per GASB 87 - Leases.

Excluded Leases
• $1 Leases – GASB 87 Paragraph 4 states that this standard only applies to exchange or exchange-like transactions. When leases are entered into for the minimum amounts ($1 per year) there is not an equal exchange of value given and received between the lessor and lessee. The value of the asset being leased (by the Lessee) should be of essentially equal as the lease payments received (by the Lessor).
• Service Contracts – Contracts for maintenance services or other types of "services" are not included. If a contract/lease agreement includes both a leased asset component and a service component AND the two components cannot easily be separated in the lease payment, then the service portion would have to be included because there would be no way to separate the two components. For any future lease contracts and agreements, please ensure that these components are broken down in the wording of the contract for ease of GASB 87 determinations.
• Intangible Assets – assets that lack physical substance. GASB 87 provides examples that include: rights to explore for or to exploit natural resources such as oil, gas, and minerals and similar non-regenerative resources; licensing contracts for items such as motion picture films, video recordings, plays, manuscripts, patents, and copyrights; licensing contracts for computer software. Other examples are franchises, goodwill, trademarks, and trade names. (Paragraph 8a).
• Biological Assets – assetsthat are living. GASB 87 identifiestimber, living plants and living animals. Other items would include vegetation/produce (crops) (Paragraph 8b) • Inventory
• Service Concession Arrangements – Excluded because these are covered by GASB 60.

Arrangements between a transferor (government) and an operator (governmental or Yreka City
nongovernmental entity) in which the transferor conveys to an operator the right and Council Agenda
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related obligation to provide services through the use of infrastructure in exchange for significant consideration and the operator collects and is compensated by fees from third parties. (Paragraph 8d).
• Supply Contracts – an agreement where the seller promises to supply all of the specified goods orservicesthat a buyer needs over a certain time and at a fixed price and the buyer agrees to purchase such goods or services exclusively from the seller during that time. (Paragraph 8f).
• Short-Term Leases – Leasesthat will only last for 12 months or less. The contract for these leases does not include any options to renew that extend past the 12 months. (Paragraph 16) Note that short term leases are a maximum of 12 months in the term. A lease that conveys control for 3 months out of each year for 3 years would equate to a 9-month total term in the lease and be considered short term even though it extends across a 3- year period of time.
• SBIDA Leases - Contracts that solely provide IT support services are excluded.

Embedded Leases
Contracts may include an embedded lease for a “right to use asset” which may or may not be explicitly identified in the contract. To the extent possible, “right to use assets” should be clearly identified in the contract. Embedded leasesshould be treated separately from the other contract requirements/deliverables with respect to this policy.

Common contracts with embedded leases:
• Advertising agreements
• Service agreements
• Transportation agreements
• Construction agreements
• Related party charges
Lease Modifications & Terminations
Lease modifications and terminations will typically require a re-measuring of lease assets/liability for lessee, and lease receivable/deferred inflow of resourcesfor lessor. If the modification results in the addition of a new right to use asset, as opposed to an addition to an existing asset, it should be treated as a new lease.

Departments Responsibilities
Departments must follow city procurement guidelines for contract and leases related policies before entering into a lease agreement with a vendor, including the following:
• Consult with Finance in determining potential leases.

Departments are responsible for notifying the Finance Department and the City Manager of the following:
• New lease or software subscription arrangements.
• Lease or software subscription modifications and terminations. • Change in assumptions such as likelihood of exercising lease renewals or termination options.

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City Administration and Finance Department:

With assistance as needed from the City Attorney, the City Manager will oversee lease contracts in accordance with applicable policies, rules, and regulations. To the extent possible, lease and software subscription agreements will be negotiated and crafted to help ensure compliance with reporting requirements in this policy. Additional documentation, such as likelihood of exercise of lease option, should be maintained as support for lease treatment.

Finance Department
The Finance Department is responsible for reviewing applicable lease agreements and determining and recording appropriate accounting entries. Based on lease terms and additional information provided by departments and legal, calculations will be made to determine whether the lease meets the lease threshold. All leases will be tracked, and appropriate adjustments will be made for modifications and changes in assumptions.

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YREKA CITY COUNCIL MEETING MINUTES
February 20, 2024
Closed Session: 5:30 PM
Regular Session: 6:30 PM
Yreka City Council Chamber, 701 Fourth Street, Yreka, CA Phone 530-841-2386, Facsimile 530-842-4836, email: [email protected] Regular Meetings of the Yreka City Council are held the 1st and 3rd Tuesday of every month.

Materials distributed to a majority of councilmembers less than 72 hours before a meeting will be available for public inspection on the City’s website at www.ci.yreka.ca.us/AgendaCenter.

1. 5:30PM CALL TO ORDER:

The meeting was called to order at 5:30 pm

2. PUBLIC COMMENT ON CLOSED SESSION:

No public comment was received.

3. CLOSED SESSION:

The City Council will recess to Closed Session to discuss the below item(s). At the conclusion of the Closed Session, Open Session will reconvene and reportable action, if any, will be announced. a. Conference with legal counsel—anticipated litigation (Govt C §54956.9(d)(2)) - Number of cases: 1
This meeting is being livestreamed and can be viewed on Siskiyou Media Council’s YouTube Channel https://www.youtube.com/channel/UCzx2GSYFCrgE5przvnzitXQ Yreka City Council Agenda
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b. Conference with legal counsel—anticipated litigation (City Initiating) (Govt C §54956.9(d)(4) - Number of cases: 1

4. RETURN TO OPEN SESSION AT 6:30 PM:

Announcement of any action taken by the City Council in Closed Session required by the Ralph M. Brown Act. (Government Code § 54950 et. seq.)
There was no reportable action.

5. 6:30PM CALL TO ORDER REGULAR SESSION AND PLEDGE OF ALLEGIANCE:

The meeting was called to order at 6:37 pm.

6. SPECIAL PRESENTATIONS AND/OR ANNOUNCEMENTS:

This time slot is for informational presentations, appointments, or awards to be presented by the City Council or to the City Council.

7. PUBLIC COMMENTS:

The City requests that persons addressing the City Council refrain from making personal, slanderous, profane, or disruptive remarks.

The public comment period is not intended to be a “Question and Answer” period or conversations with the Council or City staff.

Public comment was received by: Bessie Grant
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8. CONSENT AGENDA:

All matters listed under the consent agenda are considered routine and non-controversial and will be enacted by one motion unless any member of the Council wishes to remove an item for discussion, a. Approval/ratification of payments issued from January 29, 2024, through February 10, 2024. b. Cash Balances, Budget to Actual and Fiscal Performance Reports for September 2023. c. Cash Balances, Budget to Actual and Fiscal Performance Reports for October 2023. d. Quarterly Investment Report for September 2023.
e. Approval of Minutes of the Regular Meeting held February 6, 2024. f. Approval of Minutes from the Special Meeting held on February 14, 2024. g. Adoption of Resolution 2024-07 A Resolution of the City Council Approving Upper and Lower Greenhorn Reservoir Closures for the Karuk Youth Leadership Program Special Event known as “Dash into Spring: a 5K Walk/Fundraising Event”.
h. Approval of Resolution 2024-08 Resolution of the City Council Approving the Notices of Special Assessments for Cost Recovery for Abatement Costs of the Following Properties:
• 1026 Bluebird St. APN: 062-122-490-000 owner last of Wilson. • 1022 Bluebird St. APN: 062-122-480-000 owner last of Hoffman. • 318 Herzog Blvd. APN: 053-236-100-000 owner last of Grant. • 216 State St. APN: 054-213-250-000 owner last of Boren C/O Last of Lindsay. i. Authority to publish the proposed Request for Proposal to Conduct a Compensation Study for the City of Yreka.

Recommended City Council Action: Motion to Adopt the Consent Agenda of the City Council of the City of Yreka as presented.

Motion to Adopt the Consent Agenda of the City Council of the City of Yreka as presented.

MOTIONED: Councilmember Baker
SECOND: Councilmember McCoy
AYES: Councilmember’s McCoy, Davis, Kegg, Middleton, & Baker NO’S: -0-
ABSTAIN: -0-

9. OLD BUSINESS: (None)

10. PUBLIC HEARINGS:

Public Hearing Protocol:
i. Mayor will describe the purpose of the Public Hearing. ii. City Staff will provide the Staff Report.
iii. City Staff will respond to questions from the City Council. iv. Mayor will open the Public Hearing.
v. Public wanting to comment will come to the podium, provide the City Clerk with their name and address, and provide their comments.
vi. Mayor will close the Public Hearing.
vii. City Council will deliberate and act on the item.

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Municipal Projects Manager
a. Agenda Title: Community Development Block Grant (CDBG) Projects The purpose of this hearing will be to update residents on the close-out of the three projects listed below:
• Planning Grant - Historic Carnegie Building Rehabilitation Planning Project. • PI Waiver – Purchase of 9-Passenger Bus for Madrone Hospice. • Non-Housing Over-the-Counter Grant - Yreka Main Street Water System Improvement Project.

These projects are being funded through a Community Development Block Grant provided by the California Housing and Community Development Authority.

Public comment was received by: Tonya Douse
Recommended City Council Action: Adopt Resolution 2024-09 Approving Planning Grant Documents Motion to Adopt Resolution 2024-09 Approving Planning Grant Documents MOTIONED: Councilmember Kegg
SECOND: Councilmember Baker
AYES: Councilmember’s Kegg, McCoy, Davis, Middleton & Baker NO’S: -0-
ABSTAIN: -0-

11. NEW BUSINESS:

Community Development Director
a. Agenda Title: General Plan 2044 Vision Statement and Guiding Principles This item will be a presentation of the General Plan 2044 Draft Vision Statement and Guiding Principles developed and approved by the Planning Commission. The City Council will review and discuss the vision statement and either 1) give direction on changes or 2) approve the visioning statement and guiding principles to be included in the draft 2044 General Plan.

Recommended City Council Action: Option 1) Give staff direction on Visioning Statement and/or Guiding Principles or Option 2) Motion to approve General Plan 2044 Draft Vision Statement and Guiding Principles to be included in the draft 2044 General Plan.

No public comment was received.

Motion to approve General Plan 2044 Draft Vision Statement and Guiding Principles to be included in the draft 2044 General Plan
MOTIONED: Councilmember Baker
SECOND: Councilmember Davis
AYES: Councilmember’s Kegg, McCoy, Davis, Middleton & Baker NO’S: -0-
ABSTAIN: -0-

12. CITY MANAGER/STAFF REPORTS:

City Manager and Staff may make brief announcements or reports at this time.

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City Manager Jason Ledbetter announced that the February 27, 2024, Special City Council Meeting will be held at the Community Center and starts at 5:30 pm.

Police Chief Mark Gilman thanked the Yreka Fire Department for their assistance with the multiple fires that happened on Sunday, February 11, 2024.

13. MAYOR/COUNCILMEMBERS REPORTS, STATEMENTS AND REQUESTS:

AB 1234* Conference and Meeting Report (verbal, if any) *(In accordance with AB 1234, Councilmembers shall make a brief report or file a written report on any meeting/event/conference attended at City expense.) Councilmember Baker attend the Finance Committee Meeting on February 15, 2024. Councilmember Baker stated that she would like a meeting with the Finance Director and the City Manager to discuss the budget process.

Councilmember Kegg stated that there will be a Homeless Assistance Housing Program meeting on February 22, 2024, at 12:00 pm.

Councilmember Middleton attended the LOLA meeting on February 7, 2024, in Weed.

14. ADJOURNMENT:

The meeting was adjourned at 8:05 pm
____________________________
Corey Middleton, Mayor
Minutes approved by City Council
Motion on March 5, 2024
__________________________
Cyndy Prohaska, City Clerk
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CITY COUNCIL AGENDA MEMORANDUM
TO: Yreka City Council
FROM:

PREPARED BY:

Jason Ledbetter, City Manager,
Jerry Lemos, Fire Chief
John Elsnab, Human Resources Director
AGENDA TITLE: Discussion and Possible Action: Approve the Appointment of Dakota P. Martin to the Yreka Volunteer Fire Department.

MEETING DATE: March 5, 2024
Discussion:

To meet the fire and safety requirements of the City of Yreka and the community, the Yreka Volunteer Fire Department operates on a continuous recruitment basis for volunteers.

Volunteer candidates who have completed the full recruitment and screening process are recommended for appointment by the City Council.

The City of Yreka recommends the appointment of Dakota P. Martin as a volunteer firefighter with the Yreka Fire Department. Mr. Martin has completed all of the application requirements regarding this appointment.

Approved by: __________________________________
Jason Ledbetter, City Manager
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CITY COUNCIL AGENDA MEMORANDUM
TO: Yreka City Council
FROM:

PREPARED BY:

Jason Ledbetter, City Manager,
Jerry Lemos, Fire Chief
John Elsnab, Human Resources Director
AGENDA TITLE: Discussion and Possible Action: Approve the Appointment of Jordan A. Creany to the Yreka Volunteer Fire Department.

MEETING DATE: March 5, 2024
Discussion:

To meet the fire and safety requirements of the City of Yreka and the community, the Yreka Volunteer Fire Department operates on a continuous recruitment basis for volunteers.

Volunteer candidates who have completed the full recruitment and screening process are recommended for appointment by the City Council.

The City of Yreka recommends the appointment of Jordan A. Creany as a volunteer firefighter with the Yreka Fire Department. Mr. Creany has completed all the application requirements regarding this appointment.

Approved by: __________________________________
Jason Ledbetter, City Manager
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D R A F T
City of Yreka
City Manager – Jason Ledbetter
701 4th Street · Yreka, CA 96097
(530) 841-2386 · [email protected]
CalFire Siskiyou Unit Chief
Siskiyou Unit Chief Greg Roath
1809 Fairlane Road, Yreka CA 96097
March 5, 2024
Re: Contract Estimate for CalFire Emergency Fire Protection and Medical Services.

The City Council of the City of Yreka has expressed interest in determining the feasibility and associated cost of contracting for services with CalFire as due diligence of evaluating options for Yreka taxpayers in providing paid emergency medical and firefighting services for the City.

As City Manager, I have been directed by the Yreka City Council at our March 5, 2024, City Council meeting to solicit this information.

If you would coordinate discussions through me, as the City’s agent, in developing options and scope of services so that we may provide required information needed to assist you with this request.

Sincerely,
Jason Ledbetter,
City Manager, City of Yreka
C. Corey Middleton, Mayor
Jerry Lemos, Yreka Fire Chief
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CITY COUNCIL AGENDA MEMORANDUM
TO: Yreka City Council
FROM: Jerry Lemos, Fire Chief
AGENDA TITLE: Department of Homeland Security – FY 2023 Assistance to Firefighters Grant Program
MEETING DATE: March 5, 2024
Recommendation andRequested Action:

Motion to Adopt Resolution 2024-11 of the City Council of the City of Yreka, State of California, Authorizing the Filing of an Application for the Department of Homeland Security – FY 2023 Assistance to Firefighters Grant Program (DHS-23-GPD-044-00-98).

The Project
The City of Yreka has identified a critical need to replace turnout suits and self-contained breathing apparatus. The equipment needs to be added and replaced due to new volunteers joining, replacements of out of service equipment, and gear that no longer meets the current standards. It should be noted that each volunteer firefighter requires two sets of turnout gear.

Assistance to Firefighters Grant Program, Department of Homeland Security:

Federal Catalog ID: CFDA# 97.044
The Assistance to Firefighters Grant Program (AFG) focus is to enhance the safety of the firefighters.

The AFG program provides financial assistance directly to eligible fire departments for critical training and equipment. The available funding for the notice of funding opportunity (NOFO) is $324 million nationwide, where 2,000 projects are expected to be awarded. Period of performance is 24- months.

The grant requires a Maintenance of Effort (MOE) where the applicant agrees that if it receives a grant award, the applicant will keep its overall expenditures during the award’s period of performance to at least 80% or more of the average of what the applicant spent on such costs for those activities in fiscal years 2021 and 2022. This includes those funded with non-federal funding for activities that could be allowable costs under this NOFA.

Jurisdictions of 20,000 residents or fewer will need to match 5% of the grant award.

Fiscal Impact:

The city is requesting up to $300,000 from the 2023 grant cycle and expects to expend at least 80% or more of the average of what the applicant spent on such costs for those activities in fiscal years 2021 and 2022. The city is required to match 5% of the grant award from a non-federal source.

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Resolution Number: 2024-11

RESOLUTION OF THE CITY COUNCIL

OF THE CITY OF YREKA, STATE OF CALIFORNIA

AUTHORIZING THE FILING OF AN APPLICATION FOR THE
DEPARTMENT OF HOMELAND SECURITY – FY 2023

ASSISTANCE TO FIREFIGHTERS GRANT PROGRAM
(DHS-23-GPD-044-00-98)
WHEREAS, The Assistance to Firefighters Grant Program’s focus is to enhance the safety of the firefighters and provides financial assistance directly to eligible fire departments for critical training and equipment; and WHEREAS, the Grant requires a Maintenance of Effort where the applicant agrees that if it receives a grant award, the applicant will keep its overall expenditures during the award’s period of performance to at least 80% or more of the average of what the applicant spent on such costs for those activities in fiscal years 2021 and 2022.

WHEREAS, the City of Yreka is requesting program grant funds of $300,000 for critical firefighter protective equipment, and the Grant requires a 5% ($15,000) match for jurisdictions with a population of 20,000 residents or less.

WHEREAS, the City has a critical need to replace turnout suits and self-contained breathing apparatus (SCBA), for new volunteers joining, replacing out of service PPE-Turnout Gear, and gear that no longer meets the current standards.

NOW, BE IT RESOLVED that the City Council of the City of Yreka:

1. The Council hereby finds and determines that the foregoing recitals are true and correct.

2. Approves the filing of a grant application to the Department of Homeland Security - Assistance to Firefighters Grant Program for up to $300,000 in 2023 allocation; and

3. Appoints Jason Ledbetter, City Manager, or a designee, 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 aforementioned project.

The foregoing resolution was approved and adopted the 5th day of March 2024 by the following vote:

AYES:

NOES:

ABSENT: Corey Middleton
Mayor
----CERTIFICATION OF RESOLUTION----
ATTEST:

I, Cyndy Prohaska, City Clerk of the City of Yreka, witness my hand or the seal of the City of Yreka on the 5th day of March 2024.

Cyndy Prohaska
City Clerk
Official Seal
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CITY COUNCIL AGENDA MEMORANDUM
TO: Yreka City Council
FROM: Jason Ledbetter, City Manager
AGENDA TITLE: Ballot Measure Draft Language Development MEETING DATE: 03/05/2024
Recommended City Council Action: Discussion and direction to City staff regarding the proposed draft ballot measure language.

Discussion: The city currently has insufficient funding streams to continue to provide the level of service for municipal activities across the board. Increased demand for services such as fire and police require that additional funding be explored. Here, draft ballot measure language is being presented with the intent to receive feedback and direction on language for formal introduction at a future City Council meeting.

At the January 30, 2024 City Council meeting, the Yreka City Council passed a motion to direct the city attorney and city staff to develop ballot measure language a sales tax measure. At the meeting, it was requested that draft language of the ballot measure be brought back for discussion prior to being brought to the City Council for action. The following draft language is being presented, with the intent to ask CFTDA to review such language , and bring back resolutions, and draft ordinance for approval to place such measure on the future ballot.

Proposed Language:
“To maintain and improve essential city services, including local firefighting and emergency medical response; hire and train firefighters; upgrade/replace aging firefighting safety equipment, life-saving tools and an outdated firehouse; and support police, senior and youth recreation; and other city services, shall an ordinance be adopted to impose a one percent sales tax, providing approximately

2.4 million dollars annually for general government use, until ended by voters, with independent audits and all funds staying local?”
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