HomeMy WebLinkAbout1998/06/30 Comprehensive Annual Financial Report City of rancho Cucamonga, California
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' Comprehensive Annual Financial Deport
Tear Endedjune 30, 1998
' 20 `Years of E.xceffence
November 22, 1977 - November 22, 1997
1
City of Rancho Cucamonga, California
Comprehensive Annual Financial Report
Year Ended June 30, 1998
Prepared by the
City of Rancho Cucamonga
Finance Department
Tamara L. Layne
Finance Officer
! CITY OF RANCHO CUCAMONGA
Comprehensive Annual Financial Report
! For the Fiscal Year Ended June 30, 1998
Table of Contents
! Page
Number
INTRODUCTORY SECTION
Letter of Transmittal i
' City Officials xxiv
Organization Chart xx
! Certificate of Achievement for Excellence in Financial Reporting xxvi
FINANCIAL SECTION
Independent Auditor's Report I
! General Purpose Financial Statements:
Combined Balance Sheet—All Fund Types and Account Groups 4
Combined Statement of Revenues,Expenditures and Changes in
' Fund Balances—All Governmental Fund Types 6
Combined Statement of Revenues,Expenditures and Changes in
Fund Balances—Budget and Actual(Budgetary Basis)—All
! Governmental Fund Types 8
Combined Statement of Revenues,Expenses and Changes in
Retained Earnings—All Proprietary Fund Types 12
Combined Statement of Cash Flows—All Proprietary Fund Types 13
' Notes to Financial Statements 15
' Combining and Individual Fund Statements(Supplementary
Information):
Balance Sheet—General Fund 50
Statement of Revenues, Expenditures and Changes m Fund
Balance—General Fund 51
!
CITY OF RANCHO CUCAMONGA
Comprehensive Annual Financial report
For the Fiscal Year Ended June 30, 1998
Table of Contents
Schedule of Changes in General Fixed Assets by Function and 123
' Activity
STATISTICAL SECTION
' General Governmental Expenditures by Function 127
General Governmental Revenues by Source 128
Assessed Valuation of All City Property 129
' Property Tax Levies and Collections 130
Direct and Overlapping Property Tax Rate 131
Special Assessment Collections 132
Direct and Overlapping Bonded Debt 133
Legal Debt Margin(General Obligation Bonds) 134
Number of Permits Issued 135
Construction Activity—Building Permit Valuation 136
Demographic Statistics 137
' Principal Taxpayers 138
Insurance Policies 139
Miscellaneous Statistical Information 140
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City of Rancho Cucamonga
Comprehensive Annual Financial Report
■ June 30, 1998
Q
Introductory Section
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1 T H E C I T Y O F
1 Q A N C K O C U C A M O N G �
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1
February 21, 1999
1
The Honorable Mayor
1 and Members of the City Council
City of Rancho Cucamonga
10500 Civic Center Drive
1 Rancho Cucamonga, CA 91730
Councilmembers:
1 The Comprehensive Annual Financial Report of the City of Rancho Cucamonga for the fiscal
year ended June 30, 1998 is hereby submitted for your information and consideration.
Responsibility for accuracy, completeness and fairness of the presentation, including all
disclosures, rests with the City. We believe the enclosed data is accurate in all material respects
and is presented in a manner designed to fairly show the financial activity and position of the
City's various funds and account groups. All disclosures necessary to enable the reader to gain a
full understanding of the City's financial affairs have been included.
The Comprehensive Annual Financial Report consists of three sections: introductory, financial
' and statistical. The introductory section includes this transmittal letter, the City's organizational
chart and a list of principal officials. The financial section includes the general purpose financial
statements, the combining and individual fund statements and the notes to the general purpose
' financial statements. The financial statements have been prepared in accordance with generally
accepted accounting principles as promulgated by the Governmental Accounting Standards Board
(GASB) and received an unqualified opinion from our independent auditors, Lance, Soll and
1 Lunghard. The statistical section includes several tables indicating historical financial trends of
the City and other selected information.
1 The City is required to undergo an annual single audit in conformity with the provisions of the
Single Audit Act of 1984, the Single Audit Act Amendments of 1996 and U.S. Office of
Management and Budget Circular A-133, "Audits of States, Local Governments and Non-Profit
1 Organizations." Information related to this single audit, including the schedule of expenditures of
federal awards, findings and recommendations, the auditor's reports on the internal control
structure and compliance with applicable laws and regulations, is available under separate cover
from the City.
Mayor William J.Alexander _ \` Councilmember Paul Biane
1 Mayor Pro-Tem Diane Williams - Councilmember Bob Dutton
Jack Lam,AICP City Manager Councilmember James V. Curatalo
10500 Civic Center Drive o P.O. Box 807 a Rancho Cucamonga,CA 91729 e (909)477-2700 - FAX(909)477-2849
February 21, 1999 ,
The Honorable Mayor
and Members of the City Council ,
L BACKGROUND INFORMATION ,
General Information:
The City of Rancho Cucamonga currently has an estimated population of 118,432 and ,
encompasses approximately 37.5 square miles. It is located between the City of Upland to the
west, Ontario to the south, Fontana to the east and is in the western section of San Bernardino
County which is in the southern part of the State of California. The local economy is primarily ,
based on retail commercial business and light manufacturing, which emphasizes the City's efforts
at retaining sales tax generating businesses to help stabilize the City's financial base.
Government: ,
The City of Rancho Cucamonga was incorporated in 1977 as a general law city under the
provisions of the Government Code of the State of California, and operates under the Council-
Manager form of city government. The City officials elected at large include a Mayor and four
City Council members, a City Clerk and a City Treasurer. The Mayor and Council members are ,
elected on a staggered basis for a term of four years. There is no limit on the number of terns an
individual can serve as Mayor or as Council members. The Mayor and City Council appoint the
City Manager.
Reporting Entity and Its Services:
The City has included within its reporting entity for financial reporting purposes all agencies for ,
which the City is financially accountable. These agencies include the Rancho Cucamonga
Redevelopment Agency, the Rancho Cucamonga Public Improvement Corporation and the
Rancho Cucamonga Fire Protection District. The City provides accounting services to all these
agencies.
The Rancho Cucamonga Redevelopment Agency is shown in the financial statements in the
Capital Projects Fund and the Debt Service Fund. The Rancho Cucamonga Public Improvement
Corporation is shown in the Debt Service Fund. The Rancho Cucamonga Fire Protection District
is reflected in the Special Revenue Fund. ,
The City of Rancho Cucamonga is a general law city governed by the State of California
Government Code and local ordinances and provides quality service by blending the talents of
City staff and utilizing other agencies. Certain services necessary to continue the high quality of
life in Rancho Cucamonga such as water, sanitation (i.e., sewage) and police are furnished by the
County of San Bernardino and other specialized agencies. The City provides building safety
regulation and inspection, street lighting and beautification, land use planning and zoning, '
housing and community development services, maintenance and improvement of streets and
related structures, traffic safety maintenance and improvement, and a full range of recreational
and cultural programs for citizen participation.
The Redevelopment Agency provides the services associated with selling the City as an optimum
location for companies to establish their operations. The City's location and local labor market '
are just two optimum items available as a selling tool. The primary focus of the Redevelopment
Agency is on the long-term economic development of the City of Rancho Cucamonga. The
Rancho Cucamonga Public Improvement Corporation is a nonprofit corporation which was ,
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February 21,1999
' The Honorable Mayor
and Members of the City Council
established to assist the City by financing, acquiring, constructing, improving and leasing public
improvements for the benefits of residents of the City. Fire protection for the City and its sphere
of influence is provided by the Rancho Cucamonga Fire Protection District.
Accounting System and Budgetary Control:
The modified accrual basis of accounting is used for a portion of the City's funds defined as
"governmental funds." This means revenues are recorded when received while expenditures are
recorded when liabilities are incurred. However, at year end, revenues which are both
measurable and available as a resource to finance the operations of the year just ended are also
' accrued. The enterprise and internal service fiords, or "proprietary funds," follow the accrual
basis of accounting. Under this system, revenues are recognized when earned and expenses are
recorded when the liabilities are incurred.
In evaluating the City's accounting system, primary consideration is given to the adequacy of
internal controls. Internal controls are designed to provide reasonable,but not absolute,assurance
relating to the safeguarding of assets against loss and the reliability of financial records for the
preparation of financial statements and maintaining accountability for assets.
The City adopts an annual budget where each department's budgeted appropriations are
controlled at the character of expense level. These levels are defined as personnel, operations,
capital outlay, capital improvement projects and transfers. Although the budget is monitored at
the character of expense level, the legal level of budgetary control that is the level at which
expenditures cannot exceed appropriations, is the fund level for the General, Special Revenue,
Debt Service Funds and Capital Projects Funds. Budgetary control is further maintained by the
use of an encumbrance system. Encumbrances at year end are reported as a reservation of fund
balance. Revenues are also estimated annually in the adoption of the annual budget. Revenues
and expenditures are monitored throughout the year.
Financial Administration:
The Financial Department is structured under the Administrative Services Department with the
Director of Administrative Services having responsibility for Personnel, Risk Management,
Business Licensing, Purchasing, Geographical Information Services, Management Information
Services,and the City,Redevelopment Agency and Fire District Treasury functions.
The Finance Officer is responsible for directing the accounting, financial planning and reporting,
payroll, budget analysis, budget preparation, budget implementation and management, and cash
management functions for the City,Redevelopment Agency and Fire District.
Notes to the Financial Statements:
The Notes to the Financial Statements, which are part of the General Purpose Financial
Statements within the Financial Section, are an integral part of the financial report and are
essential to the fair presentation and adequate disclosure of the financial position of the City,
' Redevelopment Agency,Public Improvement Corporation and Fire District. The notes should be
read along with the financial statements to gain a fuller understanding of the information
contained within this report. Your attention is specifically directed to the presentation of the
City's significant accounting policies.
iii
February 21, 1999
The Honorable Mayor ,
and Members of the City Council
Fund Descriptions: ,
Definitions of the various funds and account groups of the reporting entity are included as '
supplementary information within the various divisions of the Financial Section of this report.
U. HIGHLIGHTS OF FISCAL YEAR 1997-98 ,
Redevelopment Agency:
Economic Development/Marketing r
The Agency continues to focus on business attraction, retention and expansion. An aggressive ,
marketing plan was implemented based on recommendations provided by PHH Fantus,a national
site selection consultant. The Agency's activities have resulted in a variety of new companies
locating to the community including Bradshaw International, Bell Industries, and Heritage Bag
Company.
Retendon/E*msion - The business visitations and tri-annual business receptions continued to
be a focus of the Redevelopment Agency. Over six hundred new businesses located to Rancho
Cucamonga and were contacted by the Agency. Many of those companies attended the business
receptions and were presented with a welcoming packet with referral information and services
provided within the City. Participants included Agency and City staft Mayor and Council ,
members, as well as representatives from the Rancho Cucamonga Chamber of Commerce,
Cbaffey College, Small Business Development Center and the Inland Empire Economic
Partnership. The Agency's Third Party Electrical Certification Program provided assistance to ,
four businesses to bring their machinery in electrical code compliance. The Agency implemented
the City's third annual Business Appreciation Week in May.
Marketfng/Attracdion - The Agency implemented a successful advertising campaign with ,
placements in a variety of state and national publications. A total of 295 leads were generated as
a result of the ad campaign. Strategic relationships were strengthened with Inland Empire ,
Economic Partnership and the California Trade and Commerce Agency to work cooperatively in
business attraction efforts. The Fax on Demand Program continued to be successful providing
commercial/industrial real estate information to over 500 inquiries. Potential new relocating
companies and local business received promotional skybox tickets to Quakes' games pwvidmg '
them with an opportunity to experience the sport/entertamment contribution to the City's total
quality of life. The annual Visions Newsletter and the Business Visions publications were mailed
throughout the community and were included in all public relations and business attraction
packets.
Capita[Improvements - The upgraded FoodulUlntcrstate 15 on and off ramps were completed
during the year. The completion of this project will greatly improve circulation along Foothill
Blvd. The Agency contributed S4.5 million to the project.
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February 21,1999
' The Honorable Mayor
and Members of the City Council
Affordable Housine
Rental Housing -Northtown Housing Development Corporation (NHDC) constructed a 14-unit
apartment complex called Las Casitas. The Agency funded the project in furtherance of the goal
to provide housing to smaller families with low and very low incomes. The Las Casitas project
received a Vintage Award from the Inland Empire Section of the American Planning Association.
The NHDC received an honorable mention from the Maxwell Award from Fannie Mae for
another housing project, Villa del Norte. This prestigious award was the fourth received by
NHDC for that project.
Senior Housing-Prairie Pacific Development Corporation and the Agency entered into a DDA
to construct 159 senior apartment units adjacent to the City's library. The Agency issued
Housing Revenue Bonds which were sold to the Bank of America, which finalized the project's
financing. Construction began in May 1997 and the complex is scheduled to open in 1998.
Home Ownership- In 1995,the Agency entered into an agreement with Neighborhood Housing
Services to implement a First Time Homebuyer Program. Sixteen families were assisted through
the program in this fiscal year which provides a silent second mortgage to home buyers in lieu of
a traditional down payment.
Engineering:
The renovation of the Lions East Community Center was completed during the 1997-98 fiscal
year. This transformation from the Old County Library into a new community center included
the addition of 11,000 square feet of facility, ADA modifications, new heating and air
conditioning systems, extensive interior modifications, and parking lot improvements. The
renovation of the Lions West Community Center, located adjacent to Lions East, commenced
when the Lions East project was completed. Renovation of the Lions West facility will be
completed in Fall 1998.
In 1997 the City completed the transformation of a vacant retail facility into the new R.C. Family
Sports Center. This 36,000 square foot facility now provides indoor recreation amenities
including a gymnasium for basketball and volleyball, racquetball courts, locker rooms equipped
with showers,a snack bar and pro shop,and meeting rooms.
The parking lot of the Rancho Cucamonga Senior Center was expanded in 1997-98 to
accommodate more vehicles. A new fence was also installed around the expanded lot.
On April 3, 1998,the Environmental Learning Center was dedicated. Located in the new Lions
East Community Center, this facility uses interactive displays to demonstrate the benefits of
recycling. Numerous school, scouting,and youth groups visit the Environmental Learning Center
and learn about protecting our environment through hands-on demonstrations.
A new skate park facility was designed for construction at the city's Spruce Avenue Park.
Construction of the skate park, which will appeal to the numerous skateboarders and roller
bladers in our community, is scheduled for completion in Fall 1998. In Spring 1998, the City
installed ballfield lighting at the football and soccer fields at Etiwanda Creek Park.
' v
i February 21, 1999
The Honorable Mayor ,
and Members of the City Council
The Engineering Division was responsible for checking the plans for the upcoming construction
Of Route 30. This main transportation corridor is a critical project for the City of Rancho
Cucamonga. Engineering staff will continue to plan check the design engineering plans and then
provide public works inspection services during construction of the areas of the project directly '
impacting the city.
Engineering staff completed the Americans with Disabilities Act Transition Plan. Included were
recommendations for a nine-year city facility upgrade program. ADA renovations for the tot lots
in city parks will commence construction in 1998.
Traffic signals were installed at Foothill Boulevard and Baker Avenue and at the intersection of ,
East Avenue and Highland.
Highlights of the Engineering Division's Capital Projects during the 1997/98 fiscal year included
the following:
• Amethyst Street: Design and construction was completed on this pavement rehabilitation
project on Amethyst from Base Line Road to 10 Street.
• Rochester Avenue Railroad Crossing improvements at 8'h Street were completed.
• Arrow Route: A pavement rehabilitation and street widening project on Arrow Route
near Deer Creek Channel and east of Milliken was completed.
• Tapia Via: Design and construction of this street reconstruction, street fight installation,
and curb and gutter construction project was completed.
• Archibald Avenue and 0 Street: design to provide a right tum lane on 0 Street and an
acceleration Lane and bus bay on Archibald was completed with construction scheduled
for Fall, 1998.
• Haven Avenue: This pavement rehabilitation project on Haven, between Foothill
Boulevard and Base Line Road, was designed in 1997 wr& construction scheduled to ,
begin in Fall, 1998.
Planning:
Current PLumin¢
During the 1997/98 fiscal year, the Current Planning section processed a number of major '
development projects, permit entitlements, and special projects as summarized below. In total,
staff processed 627 applications of all types, ranging from General Plan Amendments to Home
Occupation Permits.
Major development projects which were processed included:
• Cucamonga Comerpointe,a planned community of 342 homes
• The Arbors,a 288-acre planned residential development
• Village of Independence,a planned community of 532 homes
0 Fieldstone, 191 single family homes on 40 acres
• Brighton Gardens,an assisted living facility
0 Kaiser Medical Office Building
0 Shopping centers located at the southwest and northwest comers of Foothill and Vineyard
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February 21, 1999
' The Honorable Mayor
and Members of the City Council
1 Major projects that went through plan check and/or were under construction included:
• Auto Nation
• Masi Plaza
• Cucamonga Comerpomte
• Kaiser,Villa Pacifica
• Heritage Bag
• Searing Industries
The Current Planning section was involved with many special projects including:
• Route 30 Freeway
• Sign Task Force
• Rails-to-Trails
• Environmental protection regarding the following endangered or threatened species:
California Gnatcatcher, San Bernardino 'Merriarns' Kangaroo rat, and Delhi Sands
Flower Loving Fly
Staff received an award from the American Planning Association for creating the "Kids
Neighborhood Workshop."
Advance PLumine
During the 1997/98 fiscal year,the Advance Planning section worked on a number of projects as
indicated below.
A City-initiated multi-family housing task force and a Foothill Boulevard task force were formed
with the bulk of the review completed within the fiscal year. The intent was to revisit previous
studies in the City and determine what would be a healthy balance of residential land use and
commercial activities and challenges.
In addition, staff processed one specific/community plan amendment and three General Plan
Amendments.
Four County and eight governmental referrals were received and reviewed. Significant referrals
responded to included:
• Kaiser Venture Specific Plan
• Kaiser Commerce Center Specific Plan
• Pre-application for Tracy Development, a 283-residential units with park on77.98 acres
west of Etiwanda Avenue north of 25th Surd
• Ling Yen Mountain Temple
• SANBAG Comprehensive plan Growth Projections
• Upland-San Antonio Lakes Specific Plan Amendment
• Fontana-West End GPA and Specific Plan Amendment
Historic Preservation accomplishments included the following:
• Designated one residence (George Cherbak) as a Landmark and entered into Mills Act
Property Tax Reduction Agreement with property owner; to reduce property taxes and
secure on-going maintenance
• Conducted audit of 17 Mills Act Contracts to determine compliance with terms and
progress on maintenance items
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February 21, 1999
The Honorable Mayor
and Members of the
City Council
Community Block Grant Administration I
The Community Development Block Grant(CDBG) program met the goals of the Consolidated ,
Plan Annual Action Plan for Fiscal Year 1997-98 through the following:
Capital and Facility Improvement Programs
0 Completion of 90 percent of improvements for Tapia Via Drive and 40 percent of design
improvements for Monte Vista Street
0 Completion of 95 percent of improvements to the Senior Center parking lot
• Lion's East was completed and Lion's West improvements were 90 percent completed
• The repair or replacement of 4,555 square feet of sidewalk throughout target
neighborhoods
• The removal of 14,990 square feet of graffiti throughout target neighborhoods
Home Improvement Programs
• The City Home Improvement Program assisted 34 households through 4 loans, 12 grants,
and 18 emergency grants and the Oldtimers Foundation Home Maintenance Program
assisted another 53 households with minor home repairs
Public Services funded through die CDBG Program include those listed below:
• H.O.P.E. assisted 196 homeless individuals and Foothill Family Shelter assisted 10
households with transitional shelter and obtaining permanent housing
• House of Rude assisted 7 battered spouse households and YMCA and YWCA programs
provided assistance to 238 youths
• The West Fad Hunger Program provided assistance to 1,089 individuals
• The Inland Mediation Board assisted 53 persons with Fair Housing services and 271
households with LandlordfFenant counseling
• OPARC provided janitorial job training to 6 developmentally disadvantaged adults
• Rising Stars of Equestrian Therapy provided therapy and recreation assistance to 85 ,
persons
The 1996-97 Consolidated Plan Annual Performance Report and Grantee Performance Report ,
and the 1998-99 Consolidated Plan Annual Action Plan were completed during the 1997-98 fiscal
year.
Building and Safety:
Building activity increased significantly in Fiscal Year 1997/98 to a building valuation exceeding
$172 million. Single Family Residential construction continued to lead the increase in building
valuation during the past fiscal year including a Kaisor Medical Clinic, Auto Nation and major
expansions at Coca Cola and Searing Industries.
The Building and Safety Division provides plan checking and inspection activities for compliance
with Uniform Building and Fire Codes and Code Enforcement of Municipal Code Property
maintenance Standards in a coordinated environment. r
viii ,
February 21, 1999
' The Honorable Mayor
and Members of the City Council
Community Services:
The Community Services Department continued to devote its energy during Fiscal Year 1997-98
to the provision of quality cultural,recreational,teen,senior and human services programs as well
as providing administrative support to events held at the Epicenter. Demand for community
services to address the needs of the residents and their families remained high. Fiscal Year 1997-
1998 found the Community Services Department not only reassessing and improving existing
programs and services but also expanding programs for the middle school ages youngster and
teens. The following major activities were accomplished during the reporting period:
Youth Programs and Events
Playschool-The Playschool program operated from September 1997 to June 1998. The program
consists of a series of classes for children ages one to five and culminates in a large graduation
ceremony in June. Approximately 150 five year olds graduated from the program. Over 400
children are enrolled in the program. Play Camp, the summer version of Playschool, operates in
July and August and serves approximately 250 children.
Camp Cucamonga (Day Camp and Kinder Camp) - Day Camp had a very successful summer,
serving forty (40) children ages 6-12 per week for a nine-week period. The program, offered at
Carnelian Elementary School, is an important provider of structured children's activities for the
summer which included weekly out of town field trips,crafts and much more.
Kinder Camp was offered for the first time beginning in June of 1998. This camp is designed for
the younger camper, ages 4-6. Also held at Camelian Elementary School, Kinder Camp offers
weekly in-town field trips, crafts, water activities on-site, sports and many other exciting
activities.
Kid Fxplore s - Kid Explorers was held in July and August at two sites in the City. The Kid
Explorers Program is a morning program for children ages 5-10 and features very structured
activities centered around a theme. Approximately 75 children enrolled for the six-week
pry
Children's Concert - The Children's Concert celebrated a successful year with a lively
performance by the"Happy Crowd." Even cold weather and rain that shortened the program,did
not dampen the spirit of the approximately 1,000 children and their parents who were in
attendance. The Children's Concert is held annually on the Saturday before Easter at the
Epicenter Stadium.
Pumpkin Carving Workshop-The Pumpkin Carving Workshop provides a great opportunity for
parents and their children to engage in a creative project together. All materials are provided and
the mess is cleaned up by staff. The carvings range from simple to elaborate.
Breakfast with Santa -This popular activity which is traditionally held on the first Saturday in
December was again a sell out. Over 200 children and parents celebrated the day with crafts,
songs, a puppet show and of course, a visit with Santa. Breakfast is provided as a community
service by the Rancho Grande Kiwanis Club.
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February 21, 1999 r
The Honorable Mayor '
and Members of the City Council
Teens - The Teen Recreation Activity Club URAC) had a busy year of meetings, events,
Programs and fund raisers. The TRAC program meets monthly during the school year to plan
socials and activities. The TRAC program also operates a twice monthly babysitting service
called "Night on the Town" from October through May each year. During the summer months,
TRAC is busy operating snack bars at the City's aquatics program,at the Concerts in the Park and
Movies in the Park and at the City's roller hockey program.
Teen Center - The City opened its first Teen Center at the Rancho Cucamonga Family Sports
Center in April 1998. The program was run on a pilar basis through the end of the fiscal year and
was funded through a grant from the State of California through the assistance of Assemblyman
Fred Aguirre. The Teen Center's attendance for the pilot period was 2,000 teens and program
finding was continued for Fiscal Year 1998-99 through the City's General Fund. The Toes
Center's Primary operating hours were 2.6 p.m. Monday through Friday. The grant dollars
allowed the City to famish the Teen Center with two billiard tables, ping Pong, a big screen
television,four smaller televisions with Nintendo systems,dart boards,foozball and much more.
Teen Learning Center (TLC) - The Teen Learing Center is a popular summer program that ,
gives teens an opportunity to get`ton the job"training in recreational programs. The process for
selection for the program includes filling out an application and going through an interview and
orientation sessions. Each teen signs a contract to `work" and is assigned to one of the City's
many summer programs for bands-on-training. Apprommately 50 teens volunteered over 25,000
hours of services during the ten weeks during the 1997-98 reporting period.
Teen Trips -Over 600 teens participated in 12 trips offered throughout the year. Trips included
Popular amusement parks, skiing and the very well-liked and well attended end of summer week
long ramping trip at Mission Bay in San Diego.
College Fair- Fiscal Year 1997-98 saw the introduction of a new special event geared towards
high school students and their parents. The College Fair was a successful collaboration between
the City, and all three high schools. Over 2,000 youngsters and their parents attended this event '
which was held in October 1997 at the Epicenter Stadium.
Facilities
Lions Community Center East - Lions Community Center East finished its renovation in early ,
1998 and had its Ribbon Cutting Ceremony on January 31, 1998. The Center is "home" to our '
very Popular Playschool program, and youth and adult recreation classes. A satellite registration
site was opened at the Center in the Spring of 1998.
Lions Community Center West-Lion Community Center West was closed in December of 1997
and began its renovation in early 1998. The facility will be `home" to adult programming and
rentals. Anticipated opening for the Center is Fall of 1998.
Rancho Cucamonga Family Sports Center - Rancho Cucamonga Family Sports Center opened
its doors on December 13, 1997 with a Grand Opening Celebration and Ribbon Cutting
Ceremony. The event included a tree lighting ceremony for the holidays, sing-a-long, live
entertainment,holiday boutique,Hoop Shoot contest,rides and food for all to enjoy.
The facility provides tbree gymnasiums, five racquetball courts, a spacial aerobic room, a teen
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February 21, 1999
The Honorable Mayor
and Members of the City Council
room, meeting rooms, snack bar, sports shop and game room for community use. The
approximate 34,000 square feet of indoor space at the Center allows staff to offer residents the
best variety of year round sports in town. The Center averages about 7,500 participants and
spectators each month which indicates just how successful the facility has been. Open pixy
opportunities are available for both youth and adults.
Park Reservations - The community's usage of the four receivable parks in the City (Heritage
Community Park, Red Hill Community Park, Coyote Canyon Neighborhood Park and Hermosa
Neighborhood Park)had an estimated attendance of 85,713 in Fiscal Year 1997-98.
Equestrian Center/Amphitheater) ivic Center Courtyard-The following facilities were utilized
by community residents for private special events during the reporting period: Equestrian Center
(2,990),Amphitheater(12,320)and Civic Center Courtyard(1,445).
Family Programs and Activities
1 July 4"' Celebration - Over 8,000 residents enjoyed a fim-filled day in the park at the CityOs
annual 4"of July Celebration at Red Hill Community Park.
Concerts in the Park - The 13'" annual season of Concerts in the Park presented six concerts
offering a variety of music. During the six-week series approximately 10,000 residents enjoyed
an evening of music under the stars.
Movies in the Park-Movies in the Park provided approximately 7,450 residents with six weeks
of family movies on Tuesday, Wednesday and Friday evenings. Special theme contests were
offered to enhance the program.
Community Concert-Nearly one thousand (1,000) community members attended a community
concert that was held at the Rancho Cucamonga Epicenter Stadium on October 10, 1997.
1 Featured performers were the Guess Who (American Woman), John Cafferty (Eddie and the
Cruisers), Mitch Rider (Devil with a Blue Dress On) and Shadows of Knight (Gloria). This
event,which was coordinated by the Community Services Department,was a fund-raiser for local
youth sports organizations.
Founders Day Parade and Celebration - Over 18,000 residents celebrated our City's 20'"
anniversary of cityhood attending the Founder's Day Parade and Celebration on the second
Saturday of November in 1997. The Parade's Honorary Grand Marshals featured the former
Mayors of the City and honored their contributions to the City's planning and development.
Cinco de Mayo Celebration - On May 3, 1998, Northtown Housing Development Corporation,
Target Stores and the Community Services Department held a Cinco de Mayo celebration for the
community. The celebration is traditionally held at Old Town Park. More than 700 community
members attended the event, which included folklonco dancers, live music, great food and game
booths for children.
Art in the Park-The 8`"annual Art in the Park provided a day of cultural arts and crafts, dancing,
music, magic, puppets, and much more all designed to represent the various cultures of our
community. Approximately 6,500 community members attended very popular Springtime
community-wide special event.
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February 21, 1999
The Honorable Mayor
and Members of the City Council
SIVAS
Youth Roller Hockey - The City continued its fourth year of Youth Roller Hockey at the
expanded parking lot across from the Epicenter Stadium. Over 1,200 boys and girls participated.
Portable rinks were used and gamm/practices were scheduled around the Quakes baseball
schedule and special events. This three season program is still the highest participation program
among any offered by other San Bernardino County cities.
Learn to Swlrn Program - Summer swim lessons attracted over 3,400 during the fiscal year. In
addition, over 6,500 community members participated in the program's afternoon open swim
program. The City of Rancho Cucamonga's Learn to Swim Program is the largest summer swim ■
lesson program in the County of San Bernardino.
Pee Wee Sports-Pee Wee Sports are geared for the three to five year old boys and girls to teach ,
them the basics of a variety of sport programs. Seven hundred and sixty-three (763) children
participated in the City's Pee Wee Soccer Program during Fiscal Year 1997/1998. Pee Wee
Baseball attracted 698 youngsters to learn the basics of baseball. Pee Wee Basketball enrollment
increased to 288 children primarily due to the opening of the RC Family Sports Center. Lastly,
Pee Wee Deck Hockey attracted over 125 participants.
Youth Basketball - This was the fourth year of use of the Rancho Cucamonga High School
basketball courts for the City's Youth Basketball Program. Over 1,000 boys and
Participated. In addition, 550 boys and girls registered for the inaugural summer basketball
ProgIUM• The high school facility is available to the City through a joint use agreement which
allows the City to have gym use in exchange for the school holding it annual graduation
ceremony at the Epicenter Stadium. The winter youth basketball program uses facilities at all
three high schools and three mtermediate/middle schools. In addition,two gym floors are used at
the RC Family Sports Center for open play.
Aduk Softball -The City's Adult Softball Program increased to 473 teams (8,041 players) this
year. This is a 9%increase over last years enrollment numbers.
Sport Volunteers - Youth Basketball, Youth Roller Hockey and Pee Wee Sports utilized over
4500 volunteers during the 1997-98 fiscal year as coaches,assistant coaches and team moms. In
addition, $30,000 dollars in sponsorship revenue was raised this fiscal year. '
Senior PrommudActivities
Special Events -The Senior Center which was dedicated at the end of June 1996, held six (6)
holiday related special events during Fiscal Year 1997-98. Five of these events are co-sponsored
by the Rancho Cucamonga VIP Club. In addition, there are six (6) mini-evcnts held annually
that are organized solely by Center staff. These events take place throughout the year which
averages out to one event per mouth.
City-wide senior related special events include the annual Senior Citizen Fine Art Show, Senior
Pool Tournament, and the Step Out for Senior Centers event. In addition, our seniors also
participate in a five city (Chino, Montclair, Ontario, Rancho Cumuonga and Upland) anmral
1
xii
February 21, 1999
The Honorable Mayor
and Members of the City Council
talent showcase. These activities attract senior participants from throughout the West-End of San
Bernardino, and are looked forward to each year.
ClassesMeti wfies - Numerous activities and classes continue to be held at the Senior Center.
Among the classes offered are an intermediate exercise class, a walking class which is held at
Red Hill Community Park, an arthritis exercise class, an oil painting class, a beginning Spanish
class,line dance lessons,and a weekly craft class.
Nutrition Program -The Old-Timers Foundation continues to provide a hot noon time meal for
our daily nutrition program. Approximately 200 meals are served daily, Monday through Friday
from 11:30 a.m.until 1:00 p.m. at the Senior Center. In addition to providing meals for walk-ins,
they also deliver meals to(30)seniors who are homebound. Also, our end of the month birthday
celebration for seniors is co-sponsored by the Old Timers Foundation.
Trips and Tours
Fifteen trips and tours to various attractions around Southern California were offered during
Fiscal Year 1997-98. These trips have been extremely popular with the local community as all
but one trip was sold out. For many trips a second bus was added to accommodate additional
' participants.
Human Services Pmgrams/Activities
Senior Health Fair and Flu Shot Clinic-The annual Senior Health and Flu Shot Clinic was held
in November 1997. Over 500 flu shots were administered by the County of San Bernardino,
Department of Public Health.
Community Lectures — "flie Doctor is W' lecture series, was presented monthly at the Senior
Center on the Second Tuesday of the month between 12 noon and 2:00 p.m. during the Fiscal
Year. This series of lectures features Dr. Harvey D. Cohen as the guest speaker and continues to
be a favorite with both seniors and general community members alike. Among the many health
related topics covered included: Diabetes,Depression and High Blood Pressure.
Elder Law lectures continued to be offered at the Senior Center. Topics of presentation included
Medicare, Medicaid, long term care, living trusts, estate planning, wills and much more. This
program also offers private counseling sessions for residents on an appointment basis.
Staff continued to schedule health related lectures in the evening for the community on a
registration basis with no fee required. Topics of some of the more popular programs included:
Alzheimer's Disease,Thyroid Disorders,and High Cholesterol.
Well Baby Clinic -The Well Baby Clinic and Health Screening Program which is co-sponsored
by the County of San Bernardino, Department of Public Health, continued to provide physical
examinations for infants through the age of 5 and for seniors 60 years old and older.
Immunization Clinic-The County of San Bernardino continued to offer an Immunization Clinic
at the Senior Center during Fiscal Year 1997-98. Immunizations were dispensed twice monthly
for children up to age 18 and senior citizens. No one was turned away due to inability to pay.
xiii
February 21, 1999
The Honorable Mayor
and Members of the City Council
Resource Dwedories - Numerous information and referral publications have been updated to ,
assist the community including: a comprehensive community resource directory, senior housing
directory and a child care directory.
Epicenter Events and Rentals
Eighteen (18) special events and rental bookings took place during Fiscal Year 1997-98 at the
Rancho Cucamonga Epicenter. They included such activities as: Keyzonc Enterprises photo
shoot - Zetta Summer commercial for sporting equipment; Tony Kaye MasterCard commercial;
Palomar Pictures Zima commercial; Community Services Department Founders Day Celebration;
Terry Husebye Productions GM photo shoot; C &C Films Chicken Baseball Shoot;20th Century
Fox television pilot; Community Services Department's Children's Concert; Creative Film
Management Pepcid AC commercial; California Association of School Transportation Officials
School Bus Rodeo; DARE Baseball Clinic; Muscular Dystrophy Association fimdraiser Daily ,
Bulletin All Star Game; AB Miller High School Graduation; Rancho Cuamonga High School
Graduation; Maintenance Superintendents Association Equipment Show; Cars Net Used Car
Sale;and Marks Cablevision M-Car fimdraiser.
The Grapevine
The City's quarterly newsletter, The Grapevine, serves as the City's main avenue for
disseminating information to the public regarding important City issues and in advertising City
Programs,events and recreational opportunities. Each issue is 44 pages and is distributed to over
48,000 residences and businesses.
Police Department:
During the past year, and as will be the case in the immediate fiuture, the City of Rancho
Cucamonga has continued its growth. The Police Department, in its effort to provide quality
service to its citizens, has added three (3) Sheriffs Service Specialists who will primarily
concentrate their efforts in assisting the Traffic Division at the scent of accidents and with
abandoned vehicle enforcement. The Police Department has also added a Mobile Community '
Service Center and several satellite reporting offices. The satellite reporting offices incorporate
telephone reporting units to enable greater efficiencies in report writing,greater law enforcement
visibility,and greater opportunities for community interaction in various strategic locations in the '
community. The Police Department continues to be proud of the fact that the city remains rated
as one of the safest in the United States.
Library:
Voted in the Inland Valley Daily Bulletin in 1998 for the second year in a mw as the "Best
Library in the Valley,"statistics show the Rancho Cucamonga Public Library to have over 1,200
visitors a day with nearly 2,000 items borrowed each day and over 200 information questions
answered.
The Library Telethon broadcast over marks Cablevision and Comcast Cable in march of 1998
netted the Library$52,000. The funds will be used to open a`Back to Basics"Learning Center
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February 21, 1999
' The Honorable Mayor
and Members of the City Council
on the second floor of the Library, targeting youngsters with reading challenges as the primary
clientele of the new service.
A new revenue source was discovered,as professional staff developed a series of Internet courses
to offer the public through the Technology Center. In all, the Technology Center raises over
$15,000 in revenue for the Library through varied uses.
Thanks to grants awarded by the State in 1997-98, a volunteer tutor-based adult literacy program
continues to flourish, along with a family literacy program, multi-generational storytelling
program and a program targeting limited readers in the elementary school grades.
Cash Management:
Cash not immediately needed to finance City operations during the year was invested in bonds
and notes of the Federal government and Federally sponsored agencies in accordance with State
laws governing deposit of public funds. The City invests in time deposits from 14 to 720 days
maturity, issues of federal agencies, bankers acceptances and the State of California's Local
Agency Investment fund (LAIF). It is the objective of staff to attain a greater percentage of
invested funds,while mainta ning the necessary reserves needed to fund City services.
Debt Administration:
The City of Rancho Cucamonga, as a general law city, is restricted from incurring general
obligation bonded indebtedness which would exceed 3.75%of the total assessed valuation of all
real and personal property. The City of Rancho Cucamonga does not have any general obligation
debt; however, the City and its component units do have various bond and certificates of
participation issues. Note 11 of the Notes to the Financial Statements, under the Financial
Section of this report,presents more detailed information about these issues.
In July 1997, the Fire District issued a Tax and Revenue Anticipation Note (TRAN) in the
amount of$1,595,000 which was paid off in June 1998. The TRAN served to meet short-term
cash needs of the Fire District. Expenditures in the Fire District occur evenly throughout the
year, whereas its revenues occur less regularly. For example, property taxes are remitted by the
County at two peak times during the year.
Risk Management:
During Fiscal Year 1997-98, the City of Rancho Cucamonga continued its commitment to risk
management programs for safety, general liability and workers' compensation. Aggressive
clams handling and a strong litigation stance have assisted in U12intaining an appropriate reserve
for current and future claims payments. In addition, various risk control techniques, including
employee accident prevention training, loss control techniques, loss control through safety
programs and employee hazardous identification programs have been implemented to mumnize
accident-related losses and exposure by the public.
xv
February 21, 1999
The Honorable Mayor
and Members of the City Council
The City of Rancho Cucamonga is self-funded for the first $100,000 of loss for general liability ,
claims and purchases coverage for losses ranging from $100,000 to $10.0 million dollars. The
City of Rancho Cucamonga utilizes a self-funded workers' compensation program. There will be
an on-going commitment to risk management programs to ensure the safely of the public and city
employees and to reduce the financial exposures from catastrophic losses within the City's
boundaries.
IH. PROSPECTS FOR THE FUTURE
General Fund revenues, such as sales tax,permit and development fees, franchise fees and motor
vehicle license fees are growth related and reflect a continued positive growth in the economy in
general. The result is greater stability; however, it is also accompanied by a greater demand for
services ranging from police to maintenance. Growth continues to increase and becomes a
significant factor in the provision of services.
Our assessment districts currently remain stable at level "A" service level with no rate increases
Proposed for the 1998-99 fiscal year. The continued installation of the moisture sensor program
and continued wet seasons help to keep costs stable even in the face of inflation. The biggest
challenges continue to be costs imposed by other agencies that may not be easily passed on
because of Proposition 218 constraints. Tln assessment district budgets for Fiscal Year 1998-99
will absorb a 2.5% increase in water rates imposed by Cucamonga County Water District
(CCWD), but CCWD has cooperated with the City to maintain a more positive rate schedule to
help keep costs continued for the present.
Public Safety is the number one goat in the City and addressing the law enforcement needs in the
community is paramount. Growth within the community has increased calls for law enforcement
services by 7,500 or 8%. As a result, the City has budgeted for five new officers in the Fiscal
Year 1998-99 budget. The City applied for a Federal COPS Universal Grant to help find the cost
of these officers along with City matching funds.
The Fire District will be purchasing a replacement fire engine during Fiscal Year 1998-99. The
fire engine will be funded through a combination of various capital and vehicle replacement '
reserves within the District, without which, the acquisition of this replacement could not be
accomplished. The District anticipates the construction of a Maintenance Facility during the next
fiscal year. A feasibility report and design update will be completed in the beginning of the fiscal '
Year, and, should construction be authorized based upon the recommendations of said report,
construction will occupy the remainder of the fiscal year. The privatelpublic partnership which
resulted in the First Responder Agreement with the ambulance provider continues to be a success
in providing cost-effective paramedic services without additional tax dollars. The decrease in
response times and the provision of advance life support (ALS) paramedics at emergency scenes
continue to be a valuable life saving service for our community.
In the area of Recreation Services, a new Recreation Supervisor with special experience with
Senior Center operations will be hired to provide the added skills and staff support necessary to
meet the growing needs of the City's senior programs at the Senior Center. It is also anticipated
that the City's Skate Park will be operational in the new fiscal year. The Recreation staff will
continue to work toward expanding recreation programs throughout the community,working with
schools and other organizations finding collaborative partnerships.
xvi ,
February 21,1999
The Honorable Mayor
and Members of the City Council
The Library will be conducting a planning process to update the Library Master Plan, explore and
prepare for upcoming 8TH programs, and expand fired raising opportunities as well as prepare
for the 1999 Telethon. The 1998 Telethon was another success, raising more than $50,000 to
help the Library. The Library remains a success story in Rancho Cucamonga with high usage and
tremendous community support.
' Development activity continues to increase, placing greater demands on the planning staff to
provide the necessary planning review of projects. Development Fees have also increased to
provide additional support for these needed services. For larger projects and environmental
reviews, additional help is contracted out. The Planning Commission and City Council have
decided to proceed with doing a comprehensive revision to the City s General Plan during Fiscal
Year 1998-99. The General Plan was completed in the early 1980's and required an extensive
effort working with outside consultants.
The Redevelopment Agency continues to focus on economic development opportunities in the
commercial, industrial and residential sectors. Business retention and attraction efforts are
expected to gain a greater level of attention because of the competitiveness in the market for
existing and relocating£inns. As part of this effort,the Agency will continue to work with major
land owners, such as General Dynamics, in attracting new industrial companies to our area The
Agency will also be using the insights gained from its economic development strategy to market
to companies whose needs fit our community's resources and strengths.
From the retail vantage point,the Redevelopment Agency will continue to build upon the "Shop
Rancho" campaign through two new programs. The fust program involves the design and
installation of banners along the City's major commercial corridor-Foothill Boulevard. The goal
of the banner program is to increase the exposure for commercial retailers along the corridor
through the use of colorful banners that will also act to instill civic pride and an increased level of
commercial activity. The second program in the"Shop Rancho"campaign is the development of
a retail directory that will be distributed to all Rancho Cucamonga households. For the
convenience of residents,the directory will identify all of the commercial and retail opportunities
in commercial centers more than five acres in size. The directory will also include a map
showing the location of those centers.
Capital hnprovement Projects for Fiscal Year 1998-99 include the construction of Day Creek
Boulevard from Base Line Road to the Route 30 Freeway. The Foothill Boulevard medians
I between Vineyard Avenue and Hellman Avenue and between Archibald Avenue and Haven
Avenue will be constructed. The later reach will be in conjunction with the FoothilUHermosa
Storm Drain Project. Six traffic signals will be installed throughout the City. The City has
received a grant to beautify a portion of the Metrolink Corridor. The pavement will be improved
on the east side of Haven Avenue between Foothill Boulevard and Base Line Road, along with an
extensive program for the rehabilitation of various local streets within the City.
The challenge continues to be sustaining services for a growing population as well as providing
some tax relief while at the same time addressing increased costs with limited resources. Even as
the economy in Southern California continues to come to life, additional imposed costs will
continue as well as limitations on revenues. Our City must remain vigilant in its legislative
efforts to protect its revenues and its ability to provide the needed services which residents and
businesses demand and have come to expect here in Rancho Cucamonga.
xvii
February 21, 1999
The Honorable Mayor
and Members of the City Council
IV. FINANCIAL STATEMENT ANALYSIS
Government Fund Types:
The fiscal operations of the City are primarily accounted for in the governmental find types
which include the General, Special Revenue, Debt Service and Capital Project funds. The total
fund equity(aggregate fund balances) in these funds of$202.3 million reflects an increase of$21
million over the previous fiscal year. Following is a summary analysis of the changes in these
aggregate fund balances as a result of revenue and expenditure activity:
Revenue Analysis
During Fiscal Year 1997-98, revenue in the governmental type funds amounted to approximately
$99.2 million which reflects an increase of$7.91 million when compared to the previous fiscal
year. Following is a schedule showing the various sources of revenue and their changes from the
prior year:
Incase/
(Decrease)
Current peroult From
Revwx Source Revenue of Total 1996A7 '
Taxes $ 61,580,099 62.0% $ 2,862,154
Liarnsesand permits 2,162,381 2.2% 367,156
Fines and forfeits 365,203 0.40/c 139,475
Use of money and property 9,833,307 9.90/0 867,560
Intergovernmental 14,674,048 14.8% 3,077,638
Charges for services 3,943,937 4.0% 967,854
Development fees 3,743,940 3.8% 139,940
Other 2,940,518 3.00/6 (429,820)
Total Operating Revenue $ 99,243,433 100.00% $ 7,991,957
Due to continued expansion and relocation of retail and commercial facilities in our community,
the City experienced a$2,862,154 increase in tax revenues. This is refitted primarily to increased
sales and use tax and franchise fees in the General Fund of$932,189 and$744,932, respectively. '
Additionally, the Redevelopment Agency experienced a $367,785 increase in tax increment
revenues.
Use of money and property increased $865,332 from the prior year due to increased interest
income. This increase was the result of a$20.2 million increase in the governmental funds' cash
and investment balances in Fiscal Year 1997-98. Specifically, the General Fund increased $5.2
million; the special revenue funds increased $6.5 million in aggregate; the debt service funds
increased$.6 million in aggregate;and the capital projects funds increased$7.9 million.
Vehicle license fee revenue increases of$286,361 contributed to the overall $3,077,638 increase
in intergovernmental revenues. However,the most significant increase was noted in Measure I—
Local Revenues which increased $2.9 million from the prior year. Grant funding also increased
slightly from the prior year.
xviii
February 21, 1999
The Honorable Mayor
and Members of the City Council
The increase in charges for services was a direct result of increased development activity. This is
evidenced by increases in planning fees, engineering fees and plan check fees in the amounts of
' $50,920, $192,366 and $230,843, respectively. These increases in fees were substantially
expended through current year operations. Additionally, receipts for outsourced planning and
engineering services increased a total of$292,867.
Excenditure Analvsis
Expenditures in the governmental fimds for 1997-98 totaled approximately $80.2 million for a
decrease of$37.8 from the previous year. The table below show 1997-98 expenditures and other
uses by function compared to the prior year:
Increase/
(Decrease)
Current Percent From
Function EU&ndituresfo Total 1996-97
General government $ 12,362,189 15.40/a $ 115,358
Public safety 10,209,691 12.7% (5,234,458)
Public safety-fire district 9,490,941 11.8% 394,564
Engineering and public works 13,647,130 17.0% 5,054,287
i Community development 3,353,961 4.2% (4,084,919)
Community services 4,243,840 5.3% 1,233,637
Capital outlay 5,883,985 7.3% (11,093,834)
Debt service 21,038,105 26.2% (24,170,315)
' Total Expenditures $ 80,229,842 100.00% $ (37,785,680)
Public safety expenditures decreased $5.2 million due to the prior year's increased activity in
affordable housing projects. In the prior year,the Redevelopment Agency incurred costs totaling
$5.2 million for project acquisition and subsidies to low and moderate income households.
Community development expenditures decreased$767,438 due to prior year retrofits on various
parks to comply with the American Disabilities Act. No similar expenditures occurred in the
current fiscal year.
Community services expenditures increased $1.2 million due to the construction of various
projects which benefited the community. Some of these projects include Lions East Community
Center, R.C. Family Sports Center and an expansion of the parking lot at the Senior Center.
Additional details regarding these projects are provided in Section II—Highlights of Fiscal Year
1997-98 under the Engineering section.
Capital outlay expenditures decreased$11.1 million due to prior year performance of street, park
and building improvements funded primarily from Measure I resources. There were no similar
improvements in the current year.
xix
February 21, 1999
The Honorable Mayor
and Members of the City Council
Debt service expenditures decreased $24.2 million due to the Redevelopment Agency's r
retirement of a loan from Sanwa Bank in the prior year. This loan was the initial funding of the
Senior Housing Project— Prairie Pacific Development Corporation which was completed during '
Fiscal Year 1995-96. No similar debt repayment occurred during Fiscal Year 1997-98.
Proprietary Fund Types:
Internal Service Funds
The City maintains internal service funds for Vehicle Replacement and Data Processing r
Equipmentrrechnology Replacement. These funds are supported by user charges to customers.
Internal service funds account for services to the various departments of the City. The following
represents activity during the current(1997-98)and the previous(1996-97)fiscal years:
1997-98 1996-97
Operating revenues $ 680,180 $ 194,530
Non-operating revenues 887,098 506,805
Operating transfers in 3,600,000 2,670,621 r
Total financing sources 5,167,278 3,371,956
Less: Operating expenses 299,653 1,050,908
Net kcomcl(loss) $ 4,867,625 $ 2,321,048 '
These funds enable systematic amortization and replacement of various city equipment. These '
internal service fiords are currently fully funded.
Enterprise Fund '
The City's Sports Complex enterprise fiord was established for the Rancho Cucamonga Sports ,
Complex, more commonly known as the Epicenter. This fiord is supported by charges to
customers,retial fees and an admission tax. This fiord accounts for personnel operating costs
directly associated with the operations of this ficility. The following represents activity during
the current(1997-98 and the previous(1996-97)fiscal years:
r
xx ,
February 21, 1999
The Honorable Mayor
and Members of the City Council
1997-98 1996-97
Operating revenues $ 777,774 $ 961,225
Non-operating revenues 170,638 148,228
IOperating transfers in 209,289 237,320
Total financing sources 1,157,701 1,346,773
Less: Operating expenses 1,682,976 1,850,800
' Plus: Depreciation related
to contributed capital 429,992 429,990
Net incomel(loss) $ (95,283) $ (74,037)
The Sports Complex Enterprise Fund had a net reduction in retained earnings of$95,283 during
Fiscal Year 1997-98.
' V. GENERAL FIXED ASSETS
General fixed assets of the City are those fixed assets used in the performance of general
govemmental functions and exclude the fixed assets of Proprietary Funds. As of June 30, 1998,
the general fixed assets of the City amounted to $115,009,127. This amount represents the
original cost of the assets,net of additions and deductions from July 1, 1997 to June 30, 1998 and
is considerably less than their fair value. The system of accounting presently recommended by
the Governmental Accounting Standards Board (GASB) does not allow for the recording of
depreciation of general fixed assets as an expense of governmental funds.
VI. INDEPENDENT AUDIT
The required audit of the books of accounting and financial records, and transactions of all
departments of the reporting entity was conducted by independent certified public accountants
selected by City Council. The auditor's opinion has been included in the Financial Section of this
report.
VII. AWARDS
The Government Finance Officers Association of the United States and Canada(GFOA)awarded
a Certificate of Achievement for Excellence in Financial Reporting to the City of Rancho
Cucamonga for its comprehensive annual financial report (CAFR) for the fiscal year ended June
30, 1997. The Certificate of Achievement is a prestigious national award recognizing
conformance with the highest standards for preparation of state and local goverment
reports.
' xxi
February 21, 1999 '
The Honorable Mayor
and Members of the City Council
In order to be awarded a Certificate of Achievement, a government unit must public an easily '
readable and efficiently organized comprehensive annual financial report, whose contents
conform to program standards. The CAFR must satisfy both generally accepted accounting
principles and applicable legal requirements. '
A Certificate of Achievement is valid for a period of one year only. The City of Rancho
Cucamonga has received a Certificate of Achievement for the last ten consecutive years. We
believe our current report continues to conform to the Certificate of Achievement program
requirements,and we are submitting it to GFOA.
VIII. ACKNOWLEDGMENTS r
The preparation of this report could not have been accomplished without the efficient and '
dedicated service of the entire staff of the Finance Department and the administration staff of the
Administrative Services Department. We appreciate and would like to commend all the City
departments who assisted and contributed material to this document. We also recognize and
would like to aclmowledge the Mayor and members of the City Council for their interest,
dedication, and constant support in planning and conducting the financial operations of the City
in a responsible and progressive manner.
Respectfully submitted,
Jack AICF Tamara L.Layne c Ir
City Manager Finance Officer
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11
CITY OF RANCHO CUCAMONGA, CALIFORNIA
CITY OFFICIALS
JUNE 30, 1998
CITY COUNCIL ,
Name Term Expires
William J. Alexander, Mayor 1998
Diane Williams, Mayor Pro Tem 1998
Paul Biane, Councilmember 2000 ,
James V. Curatalo, Councilmember 1998
Bob Dutton, Councilmember 2000 '
ADMINISTRATION AND DEPARTMENT HEADS ,
City Manager and Executive Director of the r
Rancho Cucamonga Redevelopment Agency Jack Lam
Deputy City Manager Jerry Fulwood
City and Redevelopment Agency Attorney James L. Markman
Treasurer (term expires 2000) James Frost r
City Clerk (term expires 2000) Debra Adams
Administrative Services Director Lawrence 1. Temple
Building and Safety Official Bill Makshanoff r
Community Development Director Rick Gomez
Interim Community Services Manager Jerry Fulwood '
City Engineer Joe O'Neil
Finance Officer Tamara L. Layne
Fire Chief Dennis Michael ,
Library Director Deborah Clark r
City Planner Brad Buller
Police Captain Rodney Hoops '
Redevelopment Agency Director Linda Daniels
r
xxiv r
City of Rancho Cucamonga
Organization Chart
City Treasurer City Council City Clerk
City Manager
community
Development
Administrattve 1 Building and Engineering, Planning CommunityFire Law Library
Services So Public Works Services District Enforcement Services
& Maintenance
1
Certificate of
Achievement 1
for Excellence
in Financial
Reporting
Presented to ,
City of Rancho Cucamonga,
California
For its Comprehensive Annual
Financial Report '
for the Fiscal Year Ended
June 30, 1997 ■
A Certificate of Achievement for Excellence in Financial ■
Reporting is presented by the Government Finance Officers
Association of the United States and Canada to
government units and public employee retirement
systems whose comprehensive annual financial
reports(CAFRs) achieve the highest
standards in government accounting
and financial reporting.
asp,_
CL%W A747
President '
DAMP YK17 ze
Executive Director
»i
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City of Rancho Cucamonga
uComprehensive Annual Financial Report
u June 30, 1998
u
Financial Section
u
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a
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u
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203 North Brea Boulevard Brandon W.Burrows
L�+a,.,nce Suite 203 Donald L.Parker
' `moil & Brea, CA 92821-4056 Michael K.Chu
Lunhard David E.Hale
9 (714) 672-0022 Armwmw carA W.
' Fax (714) 672-0331 Donald G.Slater
CERTIFIED PUBLIC ACCOUNTANTS
Retired
Robert C.Lance
' IGI&I 1
City Council Richard C.Soil
City of Rancho Cucamonga Fred J.Lunghard,Jr.
' Rancho Cucamonga, CA 91730
INDEPENDENT AUDITORS' REPORT
' We have audited the general purpose financial statements of the City of Rancho
' Cucamonga, as of and for the year ended June 30, 1998 as listed in the accompanying table
of contents. These general purpose financial statements are the responsibility of the City's
management. Our responsibility is to express an opinion on these general purpose financial
statements based on our audit.
We conducted our audit in accordance with generally accepted auditing
' standards. Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the general purpose financial statements are free of material
' misstatement. An audit includes examining, on a test basis, evidence supporting the amounts
and disclosures in the general purpose financial statements. An audit also includes assessing
the accounting principles used and significant estimates made by management, as well as
evaluating the overall general purpose financial statement presentation. We believe that our
audit provides a reasonable basis for our opinion.
In our opinion, the general purpose financial statements referred to above
present fairly, in all material respects, the financial position of the City of Rancho Cucamonga,
at June 30, 1998, and the results of its operations and the cash flows of its proprietary fund
' types for the year then ended in conformity with generally accepted accounting principles.
' Our audit was made for the purpose of forming an opinion on the general
purpose financial statements taken as a whole. The supplemental schedules listed in the
accompanying table of contents are presented for purposes of additional analysis and are not
' a required part of the general purpose financial statements of the City of Rancho Cucamonga.
Such information has been subjected to the auditing procedures applied in the audit of the
general purpose financial statements and, in our opinion, is fairly presented in all material
respects in relation to the general purpose financial statements taken as a whole.
' September 24, 1998
MEMBER
' CALIFORNIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS
AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS
This page left blank intentionally. '
1
1
2 ,
' CITY OF RANCHO CUCAMONGA
General Purpose Financial Statements—Overview
The following General Purpose Financial Statements, along with the Notes to General
Purpose Financial Statements, present an overview of the City's financial position at June
' 30, 1998 and the results of its operations and the cash flows of its proprietary fund types
for the year then ended.
' Governmental Fund Twes — includes General, Special Revenue, Debt Service and
Capital Projects Funds through which most governmental functions are financed.
Proprietary Fund Types — includes the Enterprise Funds and the Internal Service Funds
which account for activities which are similar to those found in the private sector.
Fiduciary Fund Twes—includes Agency Funds which are used to account for assets held
by the City as an agent for individuals, private organizations, other governmental units
and/or other funds.
Account Grouns — used to establish control and accountability over the City's General
Fixed Assets and General Long-Term Obligations.
3
CITY OF RANCHO CUCAMONGA '
Combined Balance Sheet
AD Fund Types and Account Groups '
June 30,1998
._ (Wtth Comparative Totals for June 30,1997)
Governments!Fund Tvnes
Assets and OSpecial Debt '
Other Debits General Raven ue Service Promote
Cash and investments;(Notes 1 and 3) $ 33,686,517 $ 33,046,993 $ 15,948,917 $ 78,581,125
Cash and investments with fiscal agent(Note 3) - - 5,791,868 34,992
Restricted cash(Note 3790,000Invesbncd lard held for resale(Note 1) _ - ,
8,430,196
Receivables(net of uncollectibles) 2,554,351 2.199.611 210,626 13,508,965
Due from other funde(Note 13) 739.D45 35,687 97,859 3,152,437
Deposits _ - - 430500 ,
Prepaid chortles 201,275 904 _
Prepaid PERS coats(Nate 4) 1,533,634 - _
Advances to other hinds(Note 13) 17,807,OD4 - - 4,290,000
Food assets-net book value(Notes 7 and 8)
Amount available in debt service funds _
Amount to be provided for retirement of
general brglenn debt
Total Assets and Other Debits $ 56,521,826 S 35,28;1.195 S 22049270 i 109218215 '
Uabiltes.Fund Equity and other credits '
Liabilities:
Accounts payable $ 1,324,122 $ 1,830,465 E 38,808 E 153,937
Accrued payroll 316293 379,470 _ _
Accrued employee benefile(note 11) 1,501,865 668,380 '
Deposits - -
3,864
Due to other turd°(Nate 13) 53,819 585,827 15,150 3,334,790
Due to other governments - 3Z7,167 611
Deferred revenue(Note 6) 9,491,027 87,483 - '
Claims payable(Nates 1 and 11) 68,425 _
Deferred compensation payable(Note 16) _
Obligation under capital leases(Note 11)
Bond indenture reserve requ'vements
Payable to trustee -
Advances from other hinds(Notes 11 and 13) - 300,000
Bonds and nates payable(Note 11)
Developer bans Payable(Note 11) - - 289,560 --
Total liabilities
Toalliablities 12,755,572 4,178,792 344,129 3,492,591
Fund Equity and Other Credits:
Contributed Capital _
Investment in general faed assets
Retained ean*Vs: "
Reserved(Note 14)
Unreserved
Fund balances:
Reserved(Note 14) 11,813,706 11,037,558 39,208 28,234,753
Unreserved: '
Designated(Note 14) 31.952,548 5,177.308 21,663,933 76,186,732
Undesignated 14,889,537 - 1,304,139
Total fiats equity and COW credits 43,766,254 31,104,403 21,705,141 105,725,624 '
Total lab blies,find egwly and
COW cre... $ 56,521.826 $ 35.283,195 $ 222,049,270 1109218215
See accompanying notes to financial statements. '
4 '
' Fidiaary
Proprietary Fund Types Fund Type Aecount Groups
General General Totals
Internal Faed Long-Tenn (Memorandum Only)
nt Service n y Assets Debt 1998 1997
$ $ 18,102,474 $ 10,820,195 E E - E 190,186,221 E 165,721,509
- - - 5,826,860 10,874,655
' - 8,116,750 - _ 9,906,750 8,453,968
9,430,196 8,501294
204,491 47,241 101,647 - - 18,826,932 17,676,630
61,428 - - - - 4,086,456 5,889,453
430,500 430,500
-
202,179
- 1,533,634 1,412,421
- - - - 22,097,004 20,466,627
' 19,687,430 1,184,131 _ 115,009,127 - 135,880,688 135,410,562
21,665,933 21,665,933 20,482,453
163,464,501 163,464,501 167,363,013
_L_19,953,349 $ 19,333,846 $ 19,038,592 $115,009,127 E 185,130,434 S 581,537,854 S 562,683,085
$ 82,739 $ 41,828 $ 109,777 $ - E - S 3,581,676 E 4,093,343
17,858 - 7,495 - - 721,116 469,194
- 1,728,037 3,898,302 3,814,276
8,087,434 8,091,298 7,618,533
96,970 - - - - 4,086,456 5.999,453
327,778 288,983
- - - - 9,578,510 8,033,160
267,656 336,082
- - 5,472,471
- 415,368 415,368 627,148
- 1,457,580 _ - 1,457,580 1,457,580
9,376,306 9,376,306 9,138,831
- - 21,797,004 22,097,004 20,466,627
- 145,195,000 145,195,000 148,465,000
- - - 15,727,369 16,016,929 16,864,014
197,467 41,828 19,038,592 185,130,434 225,179,405 232,628,613
19,643,006 3,750,000 - - 23,393,006 23,822.998
115,009,127 115,009,127 114,062,622
136 15,542,018 - - - 15,542,154 10,703,370
112,740 112740 208,023
- - - - - 51,125,725 49,047,113
- - - - 134,982,521 122,164,559
16,193,676 10,045,787
' 19,755,882 19,292,018 115,009,127 356,358,449 330,054,472
$ 19,953,349 $ 19,333,846 $ 19,038,592 S 115,009,127 S 185,130,434 E 581,537,854 E 562,683,085
1
5
CRY OF RANCHO CUCAMONGA '
Combined Statement of Revenues,Expenditures and Charpas m Fund Balances
All Governmental Fund Types '
Year Ended June 30,1998
MM Compand n Totals for the Year Ended June 30,1997)
Gwemmental Fund Types ,
Tarts
Special Debt Capital "momNm Ont»
General im im
Revenues:
Taxes $22,847290 $15,311,280 $18,061,118 $ 5,360,411 S 61,560,099 $ 58,717,945
Licenses and permits 2.162,381 _ _ _ 2.162,381 1,795.225
Fines and forfe8s 363,397 1,806 - 385,203 225,728
d m '
Use moray and properly 2,503,753 1,302,712 756,802 5,312,727 9,877,994 8,96.5.747
a
lnwmw mmardw 5,134,641 9,539,407 - - 14,674,048 11,596,410
Ctwpes for swviow 2,621,913 1,322,024 - - 3.943,937 2,976,083
Development pees - 3,743,940 - - 3,743,940 3,604,000 '
OOler 2,428,422 512,096 - - 2.940,518 3.370,336
Total revenues 38,081,797 31,733,285 18,819,920 10,673,138 99.28(!,120 81,251,476
Currant
Game!9overmrsrd 7,763,184 2,437,430 522,032 1,631,631 12,35427 12,246,831
Public salary 10,208,261 - - 3,424 10,209,691 15,444,149
Public salty-fire pmtaWon - 9,490,941 - - 9,490,941 9,096,37 '
Enpveadnp and public works 6,623,382 2,304,489 - 48,210 8,976,081 8,592,843
Community,dewkprrsrd 3,223,997 4,801,013 - 8,025,010 7,438,880
Comrnwft services 1,246,133 2.995.707 - - 4,243,840 3,010,20,1
Capital outlay - 3,423,080 80,947 2,387,870 5,891,897 18,977,819
Debt service: '
Principal 118,378 193,402 9,152,316 754,329 10,218,425 35,056,514
1r1sre1 and fiscal loupes 19,410 109,445 6,538,610 4,154,215 10.819,650 10.151,906
Towexpsrd8so 29202.751 25,755,5(F7 16,291,905 8,978,678 84229,842 118,015,522 '
Excess d revenues over
(under)expenditures 6.859,046 5,977,758 2.528,015 1,693,459 19.058,278 126,764,046)
Odw financini;sources(uses:operstim '
Operatingtransfers in ers Out 42.960 1,512,038 9,099,838 3232,045 13,886,861 17,411,052
(5.338.557) (400.069) (8,755,964) (3201,581) (17.096,170) (20.318.983)
Debt proceeds _ _ _ 7,234377 7230,377 43,886,498
Other - 493,861 (1,609,180) 61,919 (1,053,800) (1,023,279) '
Taal other finandnp source
(uses) (5,295,597) 1,605.631 (1,265,308) 7.322.760 2.367,488 39.935.276
Excess of revenues and Wer '
firandrrp sources over(under)
experdmaes and other
firarwiryp use $ 36563,449 $ 7,583309 S 1262,709 S 9,016,219 1.21"425 766 S 13,171,230
Fad balances,bepinnbp $40,322202 $23,533,492 S 20.482.453 S 96,919,312 S 181257,409 S 171,587,437
Restatements(Nota 14) (119,-71 (12.478) (40,021) (209,907) (381,8009 248,792 '
Fund balanus,bepinninp,as rested $44202.805 $23,521,014 S 20.442.432 $ 96.709.405 $180,875,656 S 171,836229
Excess of revenues and Wier
firmndng sources war(under) '
oWnditures and other
finandrg uses 3,563,449 7,583,389 1282,709 9,016219 21,425,766 13,171230
Residual equity transfer(Nota 14) _ _ _ _ _ (3.750.00% ,
Fad balances,oxWV $43.786,254 $31,104,403 S 21,705,141 $105,725,824 S 202.301,422 S 181,257,459
See aceompanybW rates to yeraral purpose financial statements. '
6 '
1
1
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7
CRY OF RANCHO CUCAMONGA '
Combined Statenbnt of Revenues,Expandi(ures and Changes in Fund Balances
Budget and Actual(Budgetary Basis) '
A9 Govammental Fund Types
Year Ended June 30,1998
General Fund '
Variance
Favombid
Brrdoal
Actual (Unfavorable)
Revenues: '
Tri 322.152,700322,847,28 $ 884,590
Licenses and Permits 1,732,750 2,162,3811 429,631
Forms and fadeib 313.500 363,397 49,897
Use of money and properly 2,190,000 2,503,753 313,753
Intergovernmental 5,108,560 5,134,641 28,081 '
Charges for services 2,629,550 2,621,913 (7,637)
�Wmd teas _ _
2,255,300 2.428.422 173,122
Total revenues 36,380.380 38.061.797 1.681.437 '
ExparWibass:
Current:
General government 8,990,217 8,115,839 874,378
Public safety 11,250,315 10,818,924 631,391
Public safety-fire protection _ _ ,
Engineering and public waft 7.364,939 7,091,719 273,220
Community devabpment 3.607.359 3,318.064 289,285
Community services 1,414,550 1,303,187 111,363
Capital odhy
Debt service: '
hale fiscal charges
118,378 -
drarges 19.410 19,410
Total oveditures 32,795,168 30.585,521 2.179.647
Excess of revenues over '
(umtar)expenditures 3,615,192 7.478,278 3.881,084
Other financing souroeir(uses):
Operating transfers In _
960
Opel ping Iran am (1.789.972) (5,338,557 ) (3,548.585 )
Deboods
Other '
Total other financing sources
(USM) (1,789,972) (5.295.597) (3.505.625) ,
Excess of revenues and other
financing
ndraas and other p
Adjfinancing uses(Budgetary Basis) 1.825,220 2.180.678 355,459
To a4ras: '
To djud for errarnGances(Note 1) 1,382,770 1.362.770
Excess of revenues and other
m (under)
throes and other
8rtnehq uses(GAAP Basis)- '
Budgetary ChssKice6'ons 1,825,220 3.583,449 1.738,229
Other Adjusbrwds:
To record excess of Revenues and Other
Sources over(under)Expenditures ,
and Other Maes for nOrWutlgeted funds
(Nate 1)
Excess of revenues and other
fivanctng sources~
(wide*
am 'frrarrcirg uses(GAAP Balls) S 1.825,720 S 3.583,449 3 1,738,229
Fund balances.beginning S 40,322,202 3 40,322,202 $ -
Restatements(Note 14) (119,397) (119,397)
Fund balances,beginnbv,as resI M, 40,202,805 40,202.805 -
Excess of revenues and other
er pendia es am other r)
flnwwft uses 1.825,220 3,583.449 1.738,229 '
Residual equity transfer(Note 14)
Fund balances.ending 11142,028,025 S 43.768.254 $_ 1,738,229 '
See accompanying notes to general purpose financial aisterrwas.
B
' Special Revenue Funds Debt Service Funds
Variance Varianw
Favorable/ FavombW
B944e! A»( (Unfavorable) Budget AMW (SI )
$15,105,720 $15,311,280 $ 205,580 $13,324,129 s 18,061,118 $ 4,736,989
' 2,000 106 (194)
712,720 1,302,712 589,992 758,802 758,802
7,133,420 9,539,407 2,405,987
1,450,725 1,322,024 (128,701)
2,202,910 3,743,940 1,541,030
393,468 512,096 118,828
27,000,963 31,733,265 4,732,302 13,324,129 18,819,920 5,495,791
' 2,536,761 2,462,252 74,509 549,795 535,498 14,297
9,790,345 9.49D,941 299•404
2,499,176 2,644,411 (145,235)
6,035,177 4,982,321 1,052,856
3,346,467 2,999,458 347,009
6,631,193 4520,349 2,110,844 106,835 80,947 25,886
201,752 193,402 8,350 12,996,555 9,152,316 3,844,239
103,223 109,445 (6,222) 300,000 6,536,610 (6,236,610)
31,144,094 27,402,579 3,741,515 13,953,185 16,305,371 (2,352,186)
(4,143,131) 4,330,686 8,473,817 (629,056) 2,514,549 3,143,605
746,000 1512.038 766.038 9,099,838 9,099,838
(25.730) (400,068) (374.338) (8,755,884) (8,755,964) -
531,410 493,661 (37,749) (2.197,360) (11609,180) 588,180
1,251,680 1,605,631 353,951 (10,953,324) (1,285,3DO) 908,018
(2,891,451) 5,936,317 8,827,768 (11,582,380) 1,249,243 12,831,623
- 1,647,072 1,647,072 13,486 13,486
(2,891,451) 7,583,389 10,474,840 (11,562,380) 1,262,709 12,845,089
' S 2,691,451) $ 7,583,369 $10.474.640 S(11,582,380) $ 1,262.709 $12,645,089
S 23,533,492 S 23,533,492 $ - $20.482.453 s 20,482,453
' (12,478) (12,478) - (40,021) (40,021) -
23,521,014 23,521,014 20,442,432 20,442,432
' (2.691,451) 7,563.369 10,474,840 (11,582,380) 1,282,709 12,645.069
$20.629,561 $31,104,403 $1.0
d4.7.46840 3.8 S.Wi.0.52 $21,705,141 $12,845,069
' (ONO
9
CrTY OF RANCHO CUCAMONGA '
Combined Statement of Revenues.Expenditures and Changes in Fund Balances(Continued)
Budget and Actual(Budget"Basis)
All Gmrernmenial Fund Types
Year Ended June 30,1998
Capital Project Funds ,
Variance
FavorabW
Actual (Udavaebfe)
Revenues: - ,
Taxes S 6,49D,380 $ 5,360,411 S (1,129,889)
Licenaes and geneses _
Fines and forfeits
Use of nwfwy andI DneFertY _ 5,312,727 5,372,727
III
Charges for services
Dwelopirrient besOtlw
Total revenues 6,490.380 10.673.136 4.182.755
Expenditures: ,
Current:
General govamment 2,358.330 2.447,984
Public salty 20,000 3,424 16,5578)
Public safety-fee protxYkn _ _ - '
Engmeertng and public waft - 48.210 (48,210)
Commurtlty services _
Capital outlay 4,099,745 4,531268 (437,541)
Debt service:
Principal 1,738,510 754,329 984,181
Interest andfiscaldharges 1.380,510 4.154,215 (2,773,705)
Total arpadtaaa 9,591.095 11.998.808 (2.347.759)
Peones d revenues over '
(under)axperra4up (3,700,715) (1,265,710) 1.835,005
Other fhwwing sources(uses):
Operating
Opwath tram aR 1.571,989 3232.00.5 1.680,056
(3.743.405) (3,201,581) 541,624 '
Debt proceeds 3. 2,131 7,230,377 3,378246
Omar - 61,919 61,919
TOW other financing sources
(uses) 1.680,715 7.322,760 5,642.045 '
Bnws
of revenues and otlar
financing sources
axpe dlhaes and Ottn�er(urder)
financing uses(Budgetary Basis) (1.420.000) 6.057.050 7.477.050 ,
Adeshnads:
To adjust for a cumbrances plow 1) 2.959,169 2.959,169
Excess of revenues and ohs
financing sources ova(unser)
expedauaws and Omer
financing uses(GAAP Basis)- '
Budgetary ClassMatiae (1,420,000) 9,016219 10,436219
Oma Adjustmass:
To re - excess of Revenues and Other
Sources over(under)Expenditures ,
and Other Uses for nonbudgeted funds
(Note 1)
Excess of revanues and ottw
exparddures (
and atlusr '
fnsreanp uses(GAAP Basis) S (1,420,000) S 9,016,219 S 10.436219
Fund balances,beginning S 96,819,312 S 96.919,312
Restatameda(Noe 14) (209.907) (209,907) '
Fund balances,beginnbp,as restatad 96.709,405 96.709,405 -
Excess of revenues and otlne
fmaneirp sources am(under)
axperdnaes and agar ,
financing uses (1,420.00) 9,016219 10,438219
Residual equity twnafer(Noe 14)
Fuad balances,ending S 95269405 S 105,725,624 S 10,438219
1
10 ,
Totals(Me ridum Only)
1988 1997
Variance
Favorable/
BuddgM Actual (Unfavorable) AAc_I
$ 57,072,929 $ 61,580.099 S 4,507,170 $ 58,717.845
1,732,750 2162,381 429,631 1,795,225
315,500 385,203 49,703 225,728
2,902,720 9,877,994 6,975,274 8,951,410
12,239,980 14,674,048 2,434,068 11,596,410
4.080,275 3,943,837 (136,338) 2,976,063
2,202,910 3,743,940 1,541,030 3,575,197
2,648.768 2,940,518 291,750 3,370,338
83,195,832 99,268,120 16,092288 91,208,336
' 14,435,103 13,560,973 974,130 12,747,213
11270,315 10,622,348 647,997 10,289,005
9.790,345 9,490.941 299.404 9.098.377
9,864,115 9,784,340 79,775 8,787,106
9,642,536 8,300,385 1,342,151 12,703,204
4,781,017 4,302,645 458.372 3,073,023
10,831,773 9,132,562 1,699,191 22,235,443
15,055,195 10,218,425 4,836,770 34,726,514
1,803,143 10,819,680 (9,016,537) 10,085,703
97,453,542 86,292,319 1,221,223 123,743,568
' (4,257,710) 13,055,801 17,313,511 (32,535,252)
2,317,989 13,886,881 11,566,892 17,022,228
(14,315,071) (17,886,170) (3,381.09% (20,318,983)
3,852,131 7,290,377 3,378,246 43,668,496
(1.889,950) (1,053,600) 612,350 (1,023,279)
' (9,810,901) 2,367,488 12,178.389 39,546,452
(14,068,611) 15,423,289 29,491,900 7,011200
6,002,477 6,002,477 6,124,269
' (14,088,811) 21,425,788 35,494,377 13,135,469
' 35,761
S (14,088,611) S 21,425,766 $ 35,494,377 $ 13,171,230
$ 181257,459 S 181,257,459 $171,587,437
' (381.803) (381,803) - 248.792
875
180, ,656 180,875,656 171,836229
' (14,068,611) 21,425,766 35,494,377 13,171,230
(3,750,000)
$ 166,807,045 S 202,301,422 $ 356484,377 $181,257,459
11
CRY OF RANCHO CUCAMONGA
Combined Statement of Revenues. Expenses and Changes in Retained Earnings
All Proprietary Fund Types
Year Ended June 30, 1998
(With Comparative Totals for the Year Ended June 30, 1997) ,
Enterprise Totals '
Sports Internal _ (Memorandum Only)
Com ex Service 1998 1997
Operating revenues: ,
Charges for services $ 452,876 $ 680,180 $ 1,133,056 $ 795,021
Rents 324,898 324,898 360,734
Total operating revenues 777,774 680,180 1,457,954 1,155,755 '
Operating expenses:
Salaries and benefits 595,123 - 595,123 618,754
Maintenance and operations 379,514 379,514 442,676 '
Contractual services 257,544 - 257,544 348,249
Vehicle and equipment maintenance 6,453 23,642 30,095 921,194
Depredation 444,342 276,011 720,353 570,835 ,
Total operating expenditures 1,682,976 299,653 1,982,629 2,901,708
Operating income(loss) (905,202) 380,527 (524,675) (1,745,953) ,
Nonoperating revenues:
Taxes 162,296 - 162,296 143,556
interest Income - 784,599 784,599 506,805 '
Gam on sale of foxed asset - 102,499 102,499
Miscellaneous 8,342 8,342 4,672
Total nonoperating revenues 170,638 887,098 1,057,736 655,033 '
Net income(loss)before
operating transfers (734,564) 1,267,625 533,081 (1,090,920) '
Operating transfers in 209,289 3,600,000 3,809,289 2,907,941
Net Income(low) (525,275) 4,867,625 4,342,350 1,817,021 '
Add back depredation related to contributed
capital 429,992 - 429,992 429,990
Increase(decrease)in retained eamings L.19,5,2=831 $ 4,867,625 $ 4,772,342 $ 2,247,011 '
Retabred earnings:
Retained earnings,beginning $ 208,023 $ 10,703,370 $ 10,911,393 $ 7,784,871 '
Restatements(Nate 14) 136 (28,977) (28,841) 879,511 ,
Retained earnings, beginning,as restated 208,159 10,674,393 10,882,552 8,664,382
Increase(decrease)in retained earnings (95,283) 4,867,625 4,772,342 2,247,011 '
Retained earnings,ending 3 112876 $ 15,542,018 $ 15,654,894 $ 10,811,393
See accompanying notes to general purpose financial statements. '
12 '
CIT'OF RANCHO CUCAMONGA
Combined Statement of Cash Flows
' All Proprietary Fund Types
Year Ended June 30, 1998
(With Comparative Totals for the Year Ended June 30, 1997)
Enterprise Totals
Sports Internal (Memorandum Only)
Com lex Service 1998 1997
Cash flows from operating activities:
Operating income(loss) $ (905,202) $ 380,527 $ (524,675) $ (1,745,953)
' Adjustments to reconcile operating income(loss)
to net cash provided by(used for)operating
activities:
Depreciation 444,342 276,011 720,353 570,835
' Miscellaneous income 6,342 - 8,342 4.672
Adjustment to beginning retained earnings 136 (28,977) (28,841) 817,054
Changes in assets and liabilities:
I (Increase)decrease in accounts receivable (104,882) (104,882) 20,923
(Increase)decrease in interest receivable (47,241)
(Increase)decrease in due from other funds (61,428) (61,428) -
Increase(decrease)in accounts payable (13,671) (305,499) (319,170) 162,645
Increase(decrease)in accrued payroll 4,564 4,564 (3,773)
Increase(decrease)in due to otter funds 96,870 96,870 (66,783)
Total adjustments 374,273 (105,708) 315,808 1,505,573
Net cash provided by(used for)
operating activities (530,929) 274,821 (208,867) (240,380)
` Cash flows from noncapital financing activities:
Taxes 162,296 - 182,296 143,556
Operating transfers in 209,289 3,600,000 3,809,289 2,907,941
Contributed capital - - 3,750,000
Net cash provided by(used for)
noncapital financing activities 371,585 3,600,000 3,971,585 6,801,497
Cash flows from capital and related financing activities:
Acquisition of fixed assets - (225,788) (225,788) (817,054)
Proceeds from sale of fixed asset 102,499
Net cash provided by(used for)
capital and related financing activities (123,289) (225,788) (817,054)
Cash flows from investing activities:
Interest income 784,599 764,599 506,805
Net cash provided by(used for)
investing activities 784,599 784,599 506,805
Net increase(decrease)in cash and investments (159,344) 4,536,131 4,321,529 6,250,868
Cash and imresbnents at beginning of year 159,344 13,566,343 13,725,687 7,474,819
Cash and investments at end of year $ $ 18,102,474 $ 18,047,216 $ 13,725,687
' Schedule of noncash transactions
Purchase of faced asset through accounts payable $ - E 16,186 $ 18,186 $
See accompanying notes to general purpose financial statements.
' 13
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a
CITY OF RANCHO CUCAMONGA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 1998
Note 1: Organization and Summary of Significant Accounting Policies
a. Description of the Reporting Entity
The City of Rancho Cucamonga was incorporated on November 30, 1977 under the laws of the
State of California and enjoys all the rights and privileges applicable to a General Law City. It
is governed by an elected five-member board. As required by generally accepted accounting
principles, these financial statements present the City of Rancho Cucamonga (the primary
government) and its component units. The component units discussed below are included in the
reporting entity because they have the same governing body as that of the primary government
and because of their operational financial relationship with the City of Rancho Cucamonga.
Blended component units:
The Rancho Cucamonga Redevelopment Agency was established on May 20, 1981 pursuant
to the State of California Health and Safety Code, Section 33000. Its purpose is to prepare
and carry out plans for the improvement, rehabilitation and development of blighted areas
within the territorial limits of the City of Rancho Cucamonga. Separate financial statements
may be obtained from the Agency.
The Rancho Cucamonga Public Improvement Corporation was incorporated on November 14,
1988 under the Non-Profit Public Benefit Corporation Law of the State of California. The
Corporation was established for charitable purposes including rendering financial assistance
to the City by financing,acquiring, constructing, improving and leasing public improvements
for the benefit of residents of the City and the surrounding area. Separate financial statements
are not available for the Corporation.
The Rancho Cucamonga Fire Protection District (formerly, Foothill Fire Protection District)
was a special district formed by the County of San Bernardino for the purpose of fire
suppression within its boundaries. Effective July 1, 1989, operations of this district were
taken over by the City of Rancho Cucamonga. The district still operates as a separate special
district; however,now it is under the control of the City of Rancho Cucamonga instead of the
County of San Bernardino. Separate financial statements are available for the District.
The Rancho Cucamonga Library was part of the San Bernardino County Library System in
which the City of Rancho Cucamonga participated. Effective July 1, 1994 and pursuant to
California Code Section 19104, the City withdrew from the County Library System. As of
this date, the library operates as a separate entity under the control of the City of Rancho
Cucamonga. Separate financial statements are not available for the library.
b. Description of Funds
Fund Accounting Systems
Governmental accounting systems are organized and operated on a fund basis. A fund is
' defined as an independent fiscal and accounting entity with a self-balancing set of accounts
15
City of Rancho Cucamonga ,
Notes to Financial Statements(Continued)
Note 1: Organization and Summary of Significant Accounting Policies(Continued) '
recording cash and other financial resources, together with all related liabilities and residual
equities or balances, and changes therein, which are segregated for the purpose of carrying '
on specific activities or attaining certain objectives in accordance with special regulations,
restrictions, or limitations.
Types of Funds '
Governmental Fund Types ,
General Fund - to account for all unrestricted resources except those required to be
accounted for in another fund.
Special Revenue Funds - to account for the proceeds of specific revenue sources (other
than major capital projects) that are restricted by law or administrative action to '
expenditures for specified purposes.
Debt Service Funds - to account for the accumulation of resources for, and payment of, ,
interest and principal on general long-term debt.
Capital Projects Funds - to account for financial resources segregated for the acquisition
of major capital facilities (other than those financed by Proprietary Funds).
Proprietary Fund Tvoes
Enterprise Funds - to account for operations in a manner similar to private business ,
enterprises where the intent is that the costs (expenses, including depreciation) of
providing goods or services to the general public on a continuing basis is to be financed '
or recovered primarily through user charges.
Internal Service Funds - to account for the financing of goods or services provided by
one department or agency to other departments or agencies of the City or to other
governmental units, on a cost-reimbursement basis.
Fiduciary Fund Types ,
Agency Funds - to account for assets held by the City as trustee or agent for individuals,
private organizations, or other governmental units, and/or other funds.
Account Groups ,
Fixed Assets and Long-Term Liabilities
The accounting and reporting treatment applied to the fixed assets and long-term '
liabilities associated with a fund are determined by its measurement focus. All
governmental funds are accounted for on a spending or"financial flow"measurement '
focus. This means that only current assets and current liabilities are generally
included in their balance sheets. Their reported fund balance (net current assets) is
considered a measure of "available spendable resources". Governmental fund '
16
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies(Continued)
operating statements present increases (revenues and other financing sources) and
decreases(expenditures and other financing uses) in net current assets. Accordingly,
they are said to present a summary of sources and uses of "available spendable
resources" during a period.
Fixed assets used in governmental fund type operations (general fixed assets) are
accounted for in the General Fixed Assets Account Group, rather than in
' governmental funds. Public domain ("infrastructure") general fixed assets consisting
of roads, bridges, curbs and gutters, streets and sidewalks, drainage systems, and
lighting systems, are not capitalized.
tNo depreciation has been provided on general fixed assets.All fixed assets are valued
at historical cost or estimated historical cost if actual historical cost is not available.
' Donated fixed assets are valued at their estimated market value on the date donated.
Fixed assets acquired under lease/purchase contracts are recorded in the Internal
Service Fund and the General Fixed Assets Account Group. The corresponding
liabilities are recorded in the Internal Service Fund and the General Long-Term Debt
Account Group. Interest accrued during construction (if any) of fixed assets is
capitalized as a part of the asset cost.
All proprietary funds are accounted for on a cost of services or"capital maintenance"
measurement focus. This means that all assets and all liabilities (whether current or
noncurrent)associated with their activity are included on their balance sheets. Their
reported fund equity (net total assets) is segregated into contributed capital and
retained earnings components.
Proprietary fund type operating statements present increases(revenues)and decreases
(expenses) in net total assets.
Depreciation of all exhaustible fixed assets used by Proprietary Funds is charged as
an expense against their operations. Proprietary fund fixed assets are reported net of
accumulated depreciation on their balance sheets. Depreciation has been provided
over the estimated useful lives using the straight line method for all classes of fixed
assets. The estimated useful lives are as follows:
Automotive Equipment 5 years
Other Equipment 5-10 years
Long-term liabilities expected to be financed from governmental funds are accounted
for in the General Long-Term Debt Account Group, not in the governmental funds.
Noncurrent portions of long-term receivables due to governmental funds are reported
' on their balance sheets, in spite of their spending measurement focus. Special
reporting treatments are used to indicate,however,that they should not be considered
"available spendable resources", since they do not represent net current assets.
' Recognition of governmental fund type revenues represented by noncurrent
receivables is deferred until they become current receivables. Noncurrent portions
of long-term loans receivable are offset by fund balance reserve accounts.
17
City of Rancho Cucamonga '
Notes to Financial Statements(Continued)
Note 1: Organization and Summary of Significant Accounting Policies(Continued) ,
Special reporting treatments are also applied to governmental fund inventories(if any)
to indicate that they do not represent "available spendable resources", even though
they are a component of net current assets. Such amounts are generally offset by
fund balance reserve accounts.
Because of their spending measurement focus, expenditure recognition for '
governmental fund types does not include amounts represented by noncurrent
liabilities. Since they do not affect net current assets, such long-term amounts are not '
recognized as governmental fund type expenditures or fund liabilities. They are
instead reported as liabilities in the General Long-Term Debt Account Group.
c. Functional Classifications
Expenditures of the City are classified by function. Functional classifications are defined as '
follows:
General Government includes legislative activity, 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 the protection of people and property. '
Public Safety- Fire Protection includes activities of the fire protection district involved in the
protection of people and property from fire. '
Engineering and Public Works includes all maintenance, engineering and capital
improvements which relate to streets, sewers, parks, flood control and other public facilities. '
Community Development includes those activities which involve planning and redevelopment
as well as building and safety.
Community Services includes those activities which involve the providing of recreational,
cultural and educational services.
d. Basis of Accounting
Basis of accounting refers to when revenues and expenditures or expenses are recognized in the '
accounts and reported in the financial statements. Specifically, it relates to the timing of the
measurements made regardless of the nature of the measurement.
All governmental funds and Agency funds are accounted for using the modified accrual basis of
accounting. Their revenues are recognized when they become measurable and available as net
current assets. Revenues considered susceptible to accrual in those funds wherein revenue is ,
recognized on a modified accrual basis is as follows: property and sales taxes, revenue from the
use of money and property,interfund transfers,unbilled service receivables and intergovernmental
revenue are all considered measurable and are recognized as revenue on a modified accrual basis; ,
licenses, permits, fines and forfeitures and similar items are, for the most part, not susceptible to
accrual and consequently are not recorded until received. Agency funds are purely custodial
18
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
(assets equal liabilities)and thus do not involve measurement of results of operations. The assets
and liabilities are accounted for on a modified accrual basis.
Property tax revenue is recognized on the basis of NCGA Interpretation No. 3; (adopted by
GASB) that is, in the fiscal year for which the taxes have been levied providing they become
available. Available 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 (not to
exceed 60 days)to be used to pay liabilities of the current period. The County of San Bernardino
collects property taxes for the City. Tax liens attach annually as of 12:01 A.M. on the first day
in March preceding the fiscal year for which the taxes are levied. The tax levy is made July 1
and covers the fiscal period July 1st to June 30th. All secured personal property taxes and one-
half of the taxes on real property are due November 1 st; the second installment is due February
1st. All taxes are delinquent, if unpaid, on December 10th and April 10th respectively.
Unsecured personal property taxes become due on the first of March each year and are
delinquent, if unpaid, on August 31st.
Grants, entitlements, or shared revenues recorded in governmental funds are recognized as
revenue in the accounting period when they become susceptible to accrual, i.e., both measurable
and available (modified accrual basis). Grants received before the revenue recognition criteria
has been met are reported as deferred revenue, a liability account. Such resources not received
are reported as a receivable if the revenue recognition criteria has been met.
Expenditures are generally recognized under the modified accrual basis of accounting when the
related fund liability is incurred; principal and interest on general long-term debt is recognized
when due.
All proprietary funds are accounted for using the accrual basis of accounting. Their revenues are
recognized when they are earned and become measurable,expenses are recognized when they are
incurred if measurable. All proprietary funds apply all authoritative body pronouncements issued
prior to November 30, 1989 and thereafter all FASB pronouncements except those which conflict
with or contradict GASB pronouncements.
e. Budgetary Data
General Budget Policies
The City Council approves each year's budget submitted by the City Manager prior to the
beginning 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. There were several supplemental appropriations required during the year.
A detailed mid-year review was conducted at which time a revised budget was adopted.
There were no significant non-budgeted financial activities during the year. The City Council
may transfer funds between funds or activities set forth in the budget. The City Manager may
transfer funds between line items within an appropriation as set forth in the budget and may
transfer appropriations between activities within any fund. Budget data presented in the
financial statements are the final adjusted amount. At fiscal year-end all operating budget
appropriations lapse.
19
City of Rancho Cucamonga ,
Nates to Financial Statements(Continued)
Note 1: Organization and Summary of Significant Accounting Policies(Continued) ,
Encumbrances ,
Encumbrances are estimations of costs related to unperformed contracts for goods and
services. These commitments are recorded for budgetary control purposes in the General, ,
Special Revenue,and similar governmental funds. Encumbrances outstanding at year-end are
reported as a reservation of fund balance. They 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) except that for budgeting purposes only encumbrances are
treated as expenditures.
The Combined Statement of Revenues, Expenditures and Changes in Fund Balances-Budget
and Actual - All Governmental Funds presents comparisons of the legally adopted budget
with actual data on the budgetary basis. The difference between the budgetary basis and
GAAP are also presented and reconciled on this statement. '
L Other Accounting Policies
Total Columns on Combined Statements '
"Memorandum Only" captions on combined statements - total columns mean that totals are '
presented for overview informational purposes only and that they do not fairly present
financial position or results of operations for the governmental unit as a whole in conformity
with generally accepted accounting principles. Interfund eliminations have not been made in ,
the aggregation of these totals.
Investments
Investments are stated at cost. At June 30, 1998,the City's investment in land held for resale ,
is stated at cost as the Agency expects to sell this land with no decline in value.
Claims and Judgments and Compensated Absences
Claims and Judgments ,
Only the short-term liability is reflected as a current liability in all applicable
governmental fund types, the remainder of the liability is reported in the General Long- '
Term Debt Account Group. The short-term liability which will be liquidated with
expendable available financial resources is the amount of settlement reached, but unpaid,
related to claims and judgments entered. At June 30, 1998, a liability in the amount of ,
$267,656 is reported in the General Long-Term Debt Account Group to fund material
long-term judgments and claims against the City. The City has determined that at June
30, 1998, there are no material incurred but unreported claims against the City.
20
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies(Continued)
Compensated Absences
The City utilizes the General Fund and Special Revenue - Fire District Fund to account
for its compensated absences. The short-term portion is determined to be the amount due
to employees for future absences which is attributable to services already rendered and
which is expected to be paid during the next fiscal year. The total amount of liability for
compensated absences is segregated between short-term and long-term as indicated above
and are accordingly reflected in the General Fund,Fire District Special Revenue Fund and
i General Long-Term Debt Account Group.
Vacation pay is payable to employees at the time a vacation is taken or upon termination
of employment. Normally,an employee can not accrue more than one and one-half times
his regular annual entitlement.
Sick leave is payable when an employee is unable to work because of illness. For City
employees, those who terminate their employment after five years of continuous service
and have at least 50% of five years' sick leave accrued on the books upon termination
may be paid for 120 hours of the accrued leave.
' For Fire District employees, sick leave may be accumulated indefinitely or an employee
with ten or more years of service shall be eligible to convert unused sick leave to
vacation in accordance with the following with any remainder of hours to still remain
Iunused sick time.
Accumulated Sick
Employee Leave Balance Vacation
Type Prior Calendar Year Conversion Rate
Shift 108 - 144 hours one - half
Shift 72 - 108 hours one - fourth
40 hour 72 - 96 hours one - half
40 hour 48 - 72 hours one - fourth
Upon service retirement of a public safety employee the option exists to sell back up to
one-half of total accumulated sick time or have the time credited toward service in
accordance with the Public Retirement Law. All unused sick leave is forfeited upon
termination, other than for normal retirement.
Post-Employment Benefits
The City and Redevelopment Agency do not provide post-employment benefits;however,
' medical coverage is provided to Fire District personnel and their dependents upon
retirement. The District recognizes the cost of providing these benefits by recording the
insurance premiums as expenditures. The cost for 14 retirees was $61,578 for the fiscal
year ended June 30, 1998.
21
City of Rancho Cucamonga '
Notes to Financial Statements (Continued)
Note 2: Stewardship, Compliance and Accountability
a. Excess of expenditures over appropriations in individual funds at the departmental level are as '
follows:
Expenditures Appropriations Excess '
Special Revenue Funds:
SB 325:
Engineering and public works $ 130 $ 100 $ 30
Recreation Services:
Capital outlay 12,019 4,420 7,599
Park Development:
Community services 29,709 27,005 2,704
Teen After School Grant:
Community services 29,810 20,214 9,596
Fire District: ,
Debt service - interest 81,852 75,630 6,222
and fiscal charges
Debt Service Funds: '
Redevelopment Agency:
Debt service - interest '
and fiscal charges $ 6,495,494 300,000 6,195,494
Note 3: Cash and Investments
Cash and investments at June 30, 1998 consisted of the following:
Cash on hand $ 5,600 r
Pooled Cash and Deposits 28,307,156
Pooled Investments 126,263,656
Investment in State Treasury's Investment Pool 43,726,559
Investment with Trustee - Money Market 6.616.860
Total Cash and Investments $204.919.831 '
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
readily 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. The implementation of GASB Statement No. 31
resulted in an increase to cash and investments of$263,588, which is the difference between fair ,
value and cost as of June 30, 1998.
22
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 3: Cash and Investments(Continued)
The City follows the practice of pooling cash and investments of all funds except for funds required
to be held by outside fiscal agents under the provisions of bond indentures and funds in its deferred
compensation plan. All investments held are in compliance with the City's investment policy.
' Interest income earned on pooled cash and investments is allocated to the various funds based on the
average cash balances. Interest income from cash and investments with fiscal agent is credited
directly to the related fund..
Pooled Cash and Non-Negotiable Certificates of Deposit
All pooled cash and non-negotiable certificates of deposit are entirely insured or collateralized.
The California Government Code requires California banks and savings and loan associations to
secure a City's deposits by pledging government securities as collateral. The market value of
pledged securities must equal at least 110% of a City's deposits. California law also allows
financial institutions to secure City deposits by pledging first trust deed mortgage notes having
a value of 150% of a City's total deposits.
The City may waive collateral requirements for deposits which are fully insured up to $100,000
by the Federal Deposit Insurance Corporation (FDIC).
iCash and Investments with Fiscal Agent
The City has monies held by a trustee pledged to the payment or security of certain bonds,
certificates of participation and lease obligations. The California Government Code provides that
these monies, in the absence of specific statutory provisions governing the issuance of these
bonds, certificates, or leases, may be invested in accordance with the ordinance, resolutions or
indentures specifying the types of investments its fiscal agent may make. These ordinances,
resolutions,and indentures are generally more restrictive than the City's general investment policy.
In no instance have additional types of investments,not permitted by the City's general investment
policy, been authorized.
Credit Risk, Carrying Amount, and Market Value of Deposits
Cash and deposits of the City are summarized below. The deposits are classified as to credit risk
by three categories as follows: Category 1 includes deposits that are insured or collateralized,
with the securities held by the City or its agent in the City's name; Category 2 includes deposits
which are uninsured but which are collateralized with the securities held by the pledging financial
institution's trust department in the City's name; Category 3 includes deposits which are uninsured
and uncollateralized, or collateralized with securities held by the pledging financial institutions,
or by its trust department or agent but not in the City's name.
Category Bank Fair
1 2 3 Balance Value
Cash in Bank and Petty Cash $ 306,200 $ 14,313,693 $ - $ 14,619,893 $ 12,987,224
Certificates of Deposit 200.000 15,125,532 = 15325.532 15.325.532
' Totals $ 506.200 $ 29.439.225 $ $ 29945.425 $ 28.312,756
23
City of Rancho Cucamonga ,
Notes to Financial Statements(Continued)
Note 3: Cash and Investments(Continued)
Pooled Investments ,
Authorized Investments
Under provisions of the City's Investment Policy, and in accordance with Section 53601 of
the California Government Code, the City may invest in the following types of investments:
Securities of the U.S. Government, or its agencies
Small Business Administration Loans
Certificates of Deposit
Bankers Acceptance
Commercial Paper
Local Agency Investment Fund (State Pool) Deposits ,
Passbook Savings Account Demand Deposits
Repurchase Agreements
Reverse Purchase Agreements
Credit Risk, Carrying Amount and Market Value of Investments
Investments of the City are summarized below. The investments that are represented by specific
identifiable investment securities are classified as to credit risk by three categories as follows:
Category 1 includes investments that are insured or registered for which securities are held by the '
City or its agent in the City's name; Category 2 includes uninsured and unregistered investments
for which the securities are held by the broker's or dealer's agent in the City's name; Category 3
includes uninsured and unregistered investments for which the securities are held by the broker
or dealer, or by its agent, but not in the City's name.
Category Fair
I 2 3 Value
City Investments:
U.S. Government Securities $ 126263.656 $ — $ — $ 126.263.656
Investment in State Treasury's Investment Pool
Investment in State Treasury's cannot be assigned a credit risk category because the City does not '
own specific securities. However, the fund's investment policies and practices with regard to the
credit and market risks have been determined acceptable to the City's investment policies.
Fair `
Value
Investment in State Treasury's Investment Pool $ 43.726.559
r
24
' City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 3: Cash and Investments(Continued)
Investments with Trustee - Money Market
' Amounts invested with Trustee in money market cannot be assigned a credit risk category because
the City does not own specific securities. However, the fund's investment policies and practices
' with regard to the credit and market risks have been determined acceptable to the City's
investment policies.
Fair
Value
' Investments with Trustee - Money Market $ 6,616,860
Note 4: Prepaid PERS costs
The City has prepaid contributions with PERS in the amount of $1,533,634. This amount can be
utilized to offset employer contributions for the fiscal year ending June 30, 1999.
Note 5: Unearned Grants
Because various federal and state subventions and grants have not been received nor the revenue
recognition criteria met, the following awards are not reflected in the financial statements:
Fund Amount
Community Development Block Grant $ 366,239
U.S. Department of Justice 225.000
Total $ 591239
Note 6: Advances to Redevelopment Agency
During the current and prior fiscal years, the City of Rancho Cucamonga has loaned the Rancho
Cucamonga Redevelopment Agency funds for use in financing various projects. The loans which
amount to $8,021,228 as of June 30, 1998 bear interest at a rate of 12% per annum and are payable
as funds become available to the Agency. As of June 30, 1998, a total of $9,485,776 matured
interest due on these loans has been added to principal. As this interest is not payable currently, the
City has recognized deferred revenue in this amount.
1
25
City of Rancho Cucamonga '
Notes to Financial Statements(Continued)
r
Note 7: Changes in General Fixed Assets
A summary of changes in general fixed assets follows: '
Balance Balance '
June 30, 1997 Additions Deletions June 30, 1998
Purchased/Contributed Assets:
Land $ 35,315,539 $ - $ 114,300 $ 35,201,239
Building improvements 56,424,891 305,790 - 56,730,681
Improvements other '
than buildings 55,711 - - 55,711
Equipment and vehicles 15,308,556 1,753,426 991,243 16,070,739
Furniture and fixtures 3,413,887 - 7,168 3,406,719
Construction-in-progress 3.544.038 3.544.038
Total $ 114.062.622 $ 2.059.216 $1,112.711 $ 115.009.127 ,
Note 8: Proprietary Fund Fixed Assets
A summary of proprietary fund type property, plant and equipment is as follows:
Allowance '
Estimated Fixed for Net
Useful Life Assets Depreciation Book Value
Enterprise - Sports Complex
Purchased/Contributed assets:
Land N/A $ 4,351,015 $ - $ 4,351,015
Building improvements 30 years 17,216,152 1,912,398 15,303,754
Automotive equipment 5 years 35,429 17,661 17,768
Other equipment 5-10 years 31,650 16.757 14.893 ,
Total $ 21 634 246 $ 1.946.816 $ 19.687,430
Internal Service: '
Purchased assets:
Automotive equipment 5 years $ 1,834,193 $ 819,008 $ 1,015,185
Other equipment 5-10 years 279,922 153,356 144,566
Assets acquired through
capital leases - equipment 5-10 years 214.440 190.060 24.380 ,
Total $ 2.346.555 $ 1.162.424 $ 1.184,131
r
26
' City of Rancho Cucamonga
Notes to Financial Statements(Continued)
Note 9: Pension Plan Obligations
a. Plan Description
' The City and Fire District contribute to the California Public Employees Retirement System
(PERS), an agent multiple-employer public employee defined benefit pension plan. PERS
provides retirement and disability benefits, annual cost-of-living adjustments and death benefits
to plan members and beneficiaries. PERS acts as a common investment and administrative agent
for participating public entities within the State of California. Benefit provisions and all other
requirements are established by State statute and City ordinance. Copies of PERS' annual
' financial report may be obtained from their executive office:400 P Street,Sacramento,CA 95814.
b. Funding Policy
Participants are required to contribute 7% (9% for safety employees) of their annual covered
salary. The City and Fire District make the contributions required of City and Fire District
employees on their behalf and for their account. The City and Fire District are required to
contribute at an actuarially determined rate; the current rate is 5.053% for non-safety employees
and 6.501%for Fire District employees,of annual covered payroll. The contribution requirements
of plan members and the City are established and may be amended by PERS.
c. Annual Pension Cost
For 1998, the City's and Fire District's annual pension costs of $956,107 and $311,208,
respectively, for PERS were equal to the City's and Fire District's required and actual
' contributions. The required contributions were determined as part of the June 30, 1997, actuarial
valuation using the entry age normal actuarial cost method. The actuarial assumptions included
(a) 8.5% investment rate of return (net of administrative expenses), (b) projected annual salary
increases that vary by duration of service and (c) 2% per year cost-of-living adjustments. Both
(a) and (b) included an inflation component of 4.5%. The actuarial value of PERS assets was
determined using techniques that smooth the effect of short-term volatility in the market value of
investments over a four year period (smoothed market value). PERS unfunded actuarial accrued
liability is being amortized as a level percentage of projected payroll on a closed basis. The
remaining amortization period at June 30, 1997, was four years for prior service unfunded and
15 years for remaining unfunded.
THREE-YEAR TREND INFORMATION FOR PERS
(Amounts in Thousands)
Annual Pension Percentage of Net Pension
Fiscal Year Cost (APC) APC Contributed Obligation
City:
6/30/95 $ 1,176 100% $ 0
6/30/96 $ 1,247 100% $ 0
6/30/97 $ 751 100% $ 0
27
City of Rancho Cucamonga 1
Notes to Financial Statements(Continued)
Note 9: Pension Plan Obligations (Continued) 1
SCHEDULE OF FUNDING PROGRESS FOR PERS
(Amounts in Thousands)
Actuarial 1
Accrued UAALas a
Actuarial Actuarial Liability Unfunded %of
Valuation Value of (AAL)Entr AAL Funded Covered Covered
Date Assets Age (UAAL) Ratio Payroll Payroll
(� - B� B) (A) A B> (C) �A> 1
6/30/95:
City $ 19,109 $ 18,673 $ (436) 102.3% $ 11,191 (3.9%) 1
Fire Misc 801 800 (1) 100.1% 342 (0.3%)
Fire Safety 14,999 14,505 (494) 103.4% 3,654 (13.5%)
Total $ 34,909 $ 33,978 $ (931) 102.7% $ 15,187 (6.1%)
6/30/96:
City $ 23,103 $ 21,216 $ (1,887) 108.90/c $ 10,848 (17.4%)
Fire Misc 970 987 17 98.3% 372 4.6%
Fire Safety 17,690 16,634 (1,056) 106.3% 3,917 (27.00/6)
Total $ 41,763 $ 38,837 $ (2,926) 107.50/6 $ 15,137 (19.3%)
6/30/97: 1
City $ 29,447 $ 22,549 S (6,898) 130.6% $ 11,341 (60.8%)
Fire Safety 1,282 1,009 (273) 127.1% 400 (68.3%)
Fire Misc 22,652 17,553 (5,099) 129.1% 4,035 (126.4%) '
Total $ 53,381 $ 41,111 S (12,270) 129.90/. $ 15,776 (77.8%)
Note 10: Deferred Revenue
Deferred revenue as of June 30, 1998 consists of the following:
General Fund - interest accrued on advances to Rancho Cucamonga
Redevelopment Agency which is measurable but not available (See Note 6) $ 9,485,776
General Fund - revenue collected in advance for Community Services programs 5,251
Special Revenue Funds - revenue collected in advance for Fuel Efficient
Traffic Management 154 1
Special Revenue Funds - grant revenue received in excess of grant
expenditures for California Literacy Campaign 4,284
28
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 10: Deferred Revenue(Continued)
' Special Revenue Funds - grant revenue in excess of grant expenditure
for Major Urban Resource Library Grant $ 4,960
' Special Revenue Funds - grant revenue in excess of grant expenditure
for Grandparents with Books Grant 304
' Special Revenue Funds - grant revenue in excess of grant expenditure
for Senior Outreach Grant 240
Special Revenue Funds - development fees collected in advance from
various developers for future improvement projects. They are
reported as follows:
' Beautification $73,529
Drainage Facilities 4,012 77.541
Total $ 9.578,510
Note 11: Long-Term Debt
' a. A description of individual components of long-term debt outstanding as of June 30, 1998
follows:
rCertificates of Participation:
$2,875,000 Certificates of Participation,Rancho Cucamonga Public Improvement Corporation
On December 29, 1988, the Rancho Cucamonga Public Improvement Corporation issued
$2,875,000 in Certificates of Participation with an average interest rate of 7.03% to render
financial assistance to the City by financing, acquiring, constructing, improving and leasing
public improvements for its Northeast Community Park Project. With the proceeds of the
Certificates, the City acquired approximately 38 acres of land which the City intends to
develop as Central Park. The City has covenanted in its lease agreement with the Corporation
to budget for, appropriate and make the lease payments to the Corporation each year during
which it has use and possession of the Park. The Corporation has assigned lease payments
to the Trustee. The Trustee may hold the City liable for all lease payments on an annual
basis should the City default on its obligation to make lease payments. Debt service
payments began June 1, 1989 and continue through December 1, 1998.
' The Corporation is treated as a component unit of the reporting entity and is reported as a
debt service fund.
1
29
City of Rancho Cucamonga '
Notes to Financial Statements (Continued)
Note 11: Long-Term Debt(Continued) '
Tax Allocation Bonds: '
1. Rancho Cucamonga Redevelopment Agency, Rancho Redevelopment Project, 1990 Tax
Allocation Bonds, $107,780,000. These bonds are dated March 1, 1990 and were issued to '
provide for the advance refunding of $31,215,000 Rancho Cucamonga Redevelopment
Agency, Rancho Redevelopment Project Tax Allocation Bonds, 1986 Series A; the advance
refunding of$9,300,000 Rancho Cucamonga Redevelopment Agency,Rancho Redevelopment '
Project Refunding Tax Allocation Bonds, 1987 Series A; and the advance refunding of
$9,500,000 City of Rancho Cucamonga Certificates of Participation (Fire Facilities Project).
Interest is payable semi-annually on March 1 and September 1 of each year commencing '
September 1, 1990. The bonds mature on the dates, in amounts and bearing interest as
follows:
Maturity Date Principal Interest Maturity Date Principal Interest ,
September I Amount Rate September 1 Amount Rate
1994 $ 1,855,000 6.100% 2001 $ 1,865,000 6.800%
1995 1,965,000 6.200 2002 1,990,000 6.850
1996 2,090,000 6.300 2003 2,130,000 6.900
1997 2,220,000 6.400 2004 2,275,000 6.950 '
1998 2,360,000 6.550 2005 2,435,000 7.000
1999 2,520,000 6.650 2006 3,230,000 7.050
2000 2,685,000 6.750 2019 53,990,000 7.125
2020 24,170,000 6.750
Bonds maturing on or before September 1, 1999, are not subject to call and redemption prior '
to their stated maturities. Bonds maturing on or after September 1, 2000, are subject, at the
option of the Agency, to redemption, in whole or in part, prior to their stated maturities on any
date, commencing September 1, 1999. The bonds maturing September I,2019 and September
1, 2020 are subject to mandatory redemption in part from sinking account installments on
September 1,2007,and on each September I thereafter up to and including September 1,2020.
Bonds from this issue amounting to $54,905,000 were defeased during fiscal year 1993-94. ,
See Note 1 Ib for additional information.
2. Rancho Cucamonga Redevelopment Agency, Rancho Redevelopment Project, 1994 Tax '
Allocation Refunding Bonds $64,460,000. These bonds are dated February 1, 1994 and were
issued in order to advance refund $54,905,000 of the 1990 Tax Allocation Bonds. Interest is
payable semi-annually on March I and September 1 of each year commencing September 1,
1994. The bonds mature on the dates, in amounts and bearing interest as follows:
Maturity Date Principal Interest Maturity Date Principal Interest
September 1 Amount Rate September I Amount Rate
1994 $ 2,645,000 3.00% 2002 $ 855,000 4.40% '
1995 1,070,000 3.00 2003 905,000 4.50
1996 1,100,000 3.30 2004 940,000 4.60
1997 1,140,000 3.70 2005 980,000 4.70
�I30 '
' City of Rancho Cucamonga
Notes to Financial Statements(Continued)
Note 11: Long-Term Debt(Continued)
1998 1,180,000 3.90 2006 1,350,000 4.80
1999 1,230,000 4.00 2007 1,410,000 5.00
2000 1,285,000 4.20 2008 1,475,000 5.00
2001 825,000 4.30 2015 12,670,000 5.00
t2023 33,400,000 5.00
Bonds maturing before September 1, 2004,are not subject to call and redemption prior to their
stated maturities. Bonds maturing on or after September 1, 2004 are subject to redemption at
the option of the Agency.
' 3. Rancho Cucamonga Redevelopment Agency, Rancho Redevelopment Project, 1996 Housing
Set-Aside Tax Allocation Bonds, $37,665,000. These bonds are dated September 1, 1996 and
were issued in order (i) to repay the note issued by the Agency to Sanwa Bank in the
' remaining principal amount of$20,783,487; (ii)to pay off the non-taxable term loan to Sanwa
Bank in the principal amount of$5,841,301 plus prepayment penalties; (iii) to complete the
projects for which the loans were originated, namely Mountainsides Monterey Village and
Sycamore Springs; and (iv) to make grants to the Southern California Housing Development
Corporation and to the Northtown Housing Development Corporation. The issue consists of
$8,970,000 Serial Bonds with maturities beginning September 1, 1997 through September 1,
2008 and $28,695,000 term bonds maturing thereafter. Interest is payable semi-annually on
March 1 and September 1 of each year commencing March 1, 1997. The bonds mature on the
dates, in amounts and bearing interest as follows:
Maturity Date Principal Interest Maturity Date Principal Interest
Member 1 Amount Rate September 1 Amount Rate
' 1997 $ 585,000 4.50% 2012 $1,160,000 5.00%
1998 610,000 3.90 2013 1,220,000 5.00
1999 635,000 4.12 2014 1,285,000 5.00
2000 660,000 4.25 2015 1,355,000 5.00
2001 685,000 4.40 2016 1,425,000 5.25
2002 715,000 4.60 2017 1,500,000 5.25
' 2003 750,000 4.70 2018 1,580,000 5.25
2004 785,000 4.75 2019 1,660,000 5.25
2005 825,000 4.90 2020 1,750,000 5.25
2006 865,000 5.00 2021 1,840,000 5.25
2007 905,000 5.10 2022 1,935,000 5.25
2008 950,000 5.25 2023 2,040,000 5.25
2009 1,050,000 5.00 2024 2,145,000 5.25
2010 1,055,000 5.00 2025 2,260,000 5.25
2011 1,105,000 5.00 2026 2,375,000 5.25
Bonds maturing on or before September 1, 2006 are not subject to call and redemption prior
to their stated maturities. Bonds maturing on or after September 1, 2007, are subject, at the
' option of the Agency,to redemption in whole or in part,prior to their stated maturities on any
date, commencing September 1, 2006. The bonds maturing September 1, 2011, September
1, 2016, September 1, 2021 and September 1, 2026 are subject to mandatory redemption in
31
City of Rancho Cucamonga '
Notes to Financial Statements(Continued)
Note 11: Long-Term Debt (Continued)
part from sinking account installments on September 1, 2009 and on each September 1
thereafter up to and including September 1, 2026. '
Tax Revenues, except as provided for below, are pledged in their entirety to the payment of
principal, interest and redemption premium, if any, on the bonds listed above and are referred '
to in the applicable series resolutions, as "Pledged Tax Revenues". Pledged Tax Revenues
do not include that portion of Tax Revenues derived from the Project Area which are required
by Section 33334.2 of the Redevelopment Law to be set aside by the Agency in a separate '
low and moderate income housing fund and be used for the purpose of increasing and
improving the community's supply of low and moderate income housing. Pledged Tax
Revenues also do not include that portion of Tax Revenues derived from the Project Area '
which are required to be used by the Agency in accordance with the provisions of certain
agreements entered into by the Agency. The Agency has entered into cooperative agreements
with taxing agencies affected by the Redevelopment Project. Such agreements have been '
entered into with (i) the Chino Basin Municipal Water District, (ii) the County of San
Bernardino on behalf of the County Free Library and the San Bernardino County Flood
Control District, (iii) the Cucamonga County Water District, (iv)the Foothill Fire Protection
District and (v) various school districts located within the project area. Under the terms of
these agreements,the Agency has agreed that certain Tax Revenues attributable to those areas
and which are allocated to the Agency pursuant to Section 33670(b), shall be pledged by the
Agency to make certain cash payments or in lieu of contributions to each affected taxing
agency. Such payments are to be made from Tax Revenues allocated to the Agency.
Pledged Tax Revenues also do not include interest income on the various funds and accounts '
created by the series resolutions. Any such investment income is available to the Agency to
meet debt service payments on the bonds but is not specifically pledged therefore.
In addition to providing for the pass-through of Tax Revenue to the County Free Library and '
the San Bernardino County Flood Control District, the agreement between the Agency and
the County of San Bernardino also provides that Tax Revenues which would have been
allocated to the County had not the Redevelopment Plan been adopted will be fully allocated
to the Agency until fiscal year 1998-99. The agreement, however, further provides that the
Agency must use such Tax Revenues for the development of certain regional facilities, as '
agreed to between the County and the Agency. The Agency anticipates satisfying this
regional facilities requirement with certain previously received bond proceeds.
Developer Loans Payable
1. During fiscal year 1988-89, the Agency obtained a loan from the Federal Bureau of
Reclamation in connection with the Day Creek Water Project. The original debt amounted '
to $13,400,000 and in accordance with the terms of the agreement, annual payments of
$672,815 have been made to the County of San Bernardino (acting as lead agency for the
Federal Government). Six payments have been made as of June 30, 1998 and there is no
interest due on this loan.
2. On November 15, 1991, the Agency executed a five year note in the amount of$1,500,000. '
The proceeds of the note, together with a $450,000 cash deposit, were used to acquire
approximately 7.78 acres of land. The note bears interest at the rate of 9% per annum,
payable in interest only installments, on the first day of each calendar month, beginning on
32
City of Rancho Cucamonga
Notes to Financial Statements(Continued)
Note 11: Long-Term Debt(Continued)
January 1, 1992, and continuing until December 1, 2002 at which time the entire principal
' balance together with interest due thereon shall become due and payable.
3. In December of 1990 the Rancho Cucamonga Redevelopment Agency entered into a
Disposition and Development Agreement with The Price Company (Developer). In
accordance with this agreement the Agency executed a 23 year note in the amount of
$3,756,615. The note was issued to provide financing of certain redevelopment activities
' which included the acquisition of approximately 13 acres of land. The note bears interest of
9% per annum. The Agency shall pay the Developer quarterly payments amounting to 50%
of taxes derived from the imposition of the Bradley Burns Uniform Local Sales and Use Tax
' Law commencing with Section 7200 of the revenue and Taxation Code of the State of
California, as amended, arising from all businesses and activities conducted on the Price
Parcel. In the event that the debt service payments are insufficient to fully discharge the
' principal and interest on this note with the 23 note years, then, in such event, the unpaid
balance of principal and accrued interest, if any, shall be deemed forgiven. Therefore,
accrued interest is not reported on the financial statements.
' 4. On September 14, 1994 the Agency executed two term loans with Sanwa Bank. A non-
taxable portion of$6,394,000 and a taxable portion of$2,300,000. The proceeds of the loans
' are to be used to fund the construction of the Archibald storm drain and to make housing
grants to the Southern California Housing Development Corporation. Initially, the interest
rate is variable, but may be fixed, in whole or in part, at the discretion of the Agency.
Principal and interest accruing on the loans shall be payable semi-annually beginning March
1, 1995 and semi-annually thereafter until paid. The non-taxable portion was redeemed with
bond proceeds which were issued September 1, 1996. The final maturity date is March 1,
' 2005 with respect to the taxable loans.
Advances from Redevelopment Aeency
On September 17, 1987, the Rancho Cucamonga Redevelopment Agency loaned the City
$4,290,000 for use in financing various public safety and parking structures and offsite
improvements. This loan was made to the General Fund and it is interest free. This loan is
' payable in 20 equal annual installment payments due on the last day of each fiscal year
commencing with the first fiscal year during which the facility is fully occupied. As this loan
was made to a City Capital Project Fund while the loans from the City to the Agency are
' carried by the General Fund, the accounting for these transactions are recorded each
individually rather than offsetting this loan against amounts advanced from the City. The
facility was fully occupied in fiscal year 1990-91. The City has not repaid any part of this
' loan.
1
33
City of Rancho Cucamonga '
Notes to Financial Statements(Continued)
Note 11: Long-Term Debt(Continued) '
Capital Lease Obligation
1. The City entered into equipment lease purchase agreements with various vendors. The '
following is a schedule by years of future minimum lease payments as of June 30, 1998:
Long-Term Debt '
Fiscal Year Account Grouo
1998-99 $ 79,141 ,
1999-2000 45,383
2000-2001 34.558
Total Minimum Lease Payments $159,082
Less: Amount Representing Interest 8.714 '
Present Value of Net Minimum Lease Payments $150.368
2. The City and the District entered into a lease agreement with the West End Communications
Financing Authority for the lease purchase of 800 MHZ communications equipment. The
following is a schedule by years of future minimum lease payments as of June 30, 1998: ,
Fiscal Year City Fire District Total
1998-99 $ 67,215 $ 36,828 $ 104,043 i
1999-2000 63,310 34,698 98,008
2000-2001 64.350 37.538 101.888 '
Total Minimum Lease Payments $ 194,875 $ 109,064 $ 308,939
Less: Amount Representing Interest 24,875 14.064 38.939 ,
Present Value of Net Minimum Lease Payments $ 170.000 $ 95.000 $ 265.000
Note Payable '
The City has entered into an agreement with San Bernardino County for withdrawal from the t
County Library System. The City has agreed to reimburse the County for ongoing costs
associated with the withdrawal in the amount of$750,000 to be paid over ten years.
b. Defeasance of Bonds '
In prior years,the Rancho Cucamonga Redevelopment Agency defeased the following bond issues '
by placing the proceeds of new bonds in an irrevocable trust to provide for all future debt service
payments on the old bonds. Accordingly, the trust account assets and the liability for the
defeased bonds are not included in the Agency's financial statements. '
1984 Tax Allocation Bonds $ 7,405,000
1986 Tax Allocation Bonds, Series A 31,215,000 '
1987 Tax Allocation Refunding Bonds, Series A 9,100,000
34 '
City of Rancho Cucamonga
Notes to Financial Statements(Continued)
' Note 11: Long-Term Debt(Continued)
1990 Tax Allocation Bonds (portion defeased) 54,905,000
' Certificates of Participation - Fire Facility 9,400,000
Total Defeased $ 112A25,000
c. The following is a schedule of changes in long-term debt of the City for the fiscal year ended
June 30, 1998:
Outstanding Outstanding
July I, 1997 Additions Reoayments June 30, 1998
' Certificates of Participation:
Public Improvement Corporation $ 740,000 $ $ 355,000 $ 385,000
' Bonds:
Tax Allocation Bonds - 1990 Issue $ 49,965,000 $ $ 1,090,000 $ 48,875,000
Tax Allocation Bonds - 1994 Issue 59,645,000 - 1,140,000 58,505,000
Housing Set-Aside Tax Allocation
Bonds - 1996 Issue 37,665,000 585,000 37,080,000
Total Bonds $ 147275,000 $ $ 2,815,000 $ 144,460,000
Developer Loans $ 16,864,014 $ $ 1,136,645 $ 15.727369
' Advances from Other Funds:
City of Rancho Cucamonga $ 4,290,000 $ $ $ 4,290,000
Rancho Cucamonga Redevelopment
' Agency 15,876,627 7,230377 5,600,000 17,507,004
Total Advances to Other Funds $ 20,166,627 $ 7,230,377 $ 5,600,000 $ 21,797,004
Obligation Under Capital Leases $ 627,148 $ $ 211,780 $ 415,368
Note Payable - County Agreement $ 450,000 $ $ 100,000 $ 350,000
Claims and Judgements Payable $ $ 267,656 $ $ 267,656
' Accrued Employee Benefits $ 1,722,677 $ 5,360 $ $ 1,728,037
Total Long-Term Debt Account Group $ 187,845,466 $ 7,503,393 $ 10218.425 $ 185,130,434
35
City of Rancho Cucamonga
Notes to Financial Statements(Continued)
Note 11: Long-Term Debt(Continued) '
d. The following schedule illustrates the debt service requirements to maturity for bonds and notes,
developer loans and advances outstanding as of June 30, 1998: '
Bonds and Developer City
Fiscal Year Notes Loans Loans Total '
1998-1999 $ 11,693,510 $ 2,737,928 $ 21,797,004 $ 36,228,442
1999-2000 11,261,688 1,237,928 - 12,499,616 '
2000-2001 11,252,371 1,237,928 - 12,490,299
2001-2002 10,268,062 1,237,928 - 11,505,990
2002-2003 10,260,324 1,237,928 - 11,498,252
Thereafter 280.989.016 8.880.299 289.869.315
Total Debt Service 335,724,971 16,569,939 21,797,004 374,091,914
Total Interest 190.529.971 842.570 191372.541 '
Total Principal $ 145.195.000 $ 15.727.369 $ 21.797.004 182,719,373 '
Other Debt:
Accrued employee benefits 1,728,037 '
Claims and judgements payable 267,656
Obligations under capital leases 415.368
Total Long-Term Debt Principal $ 185.130.434 ,
City loans outstanding do not have a fixed amortization as funds will be repaid when available.
Amounts above for these represent the loan balance as of June 30, 1998 plus matured interest due ,
at that date. Other developer loans do not have a fixed amortization as debt service payments are
based on tax revenue collections. For these, debt service has been spread equally over the term
of the debt.
Note 12: Other Special Obligations
The following issues of Residential Mortgage Revenue Bonds,Certificates of Participation and Special '
Assessment Bonds are not reflected in the Long-Term Debt Account Group because these are special
obligations payable solely from and secured by specific revenue sources described in the resolutions '
and official statements of the respective issues. Neither the faith and credit nor the taxing power of
the City, the Redevelopment Agency, the State of California or any political subdivision thereof, is
pledged for the payment of these bonds: '
Original Amount
Rancho Cucamonga-Palmdale-Porterville-Colton Housing Finance
Agency, Single Family Mortgage Revenue Bonds, Series 1986 $ 17,505,000
City of Rancho Cucamonga: '
Improvement Bonds, Improvement District 85-PD 5,915,000
Improvement Bonds, Assessment District No. 82-1R 5,961,249
Community Facilities District No. 84-1, 1992 Refunding '
Special Tax Bonds 16,530,000
36
' City of Rancho Cucamonga
Notes to Financial Statements(Continued)
' Note 12: Other Special Obligations (Continued)
Improvement Bonds, Assessment District 84-2 1,716,794
Improvement Bonds, Assessment District 86-2 2,059,352
Improvement Bonds, Assessment District 89-1 4,780,673
Community Facilities District 93-3 4,825,000
Community Facilities District 88-2 2,920,000
Rancho Cucamonga Redevelopment Agency:
' Multi-Family Housing Revenue Bond
Series 1997A 5,912,500
Series 1997B 841.500
Total $ 68.967.068
' Note 13: Interfund Receivables and Payables
The individual fund interfund receivable and payable balances at June 30, 1998 are as follows:
' Interfund Interfund
Due from/to other funds: Receivables Payables
General Fund $ 739,045 $ 53,819
Special Revenue Funds:
Beautification 3,240 -
' Community Development Block Grant - 272,545
SB 140 25,730 211,027
Measure I 78 25,730
' Used Oil Recycling Grant - 29,537
Adult Education Act Grant 415
Teen After School Program - 23,439
Fire District 6,639 23,134
Debt Service Funds:
' Redevelopment Agency 97,859 15,150
Capital Projects Funds:
' Redevelopment Agency 3,152,437 3,334,790
Enterprise Fund:
Sports Complex 61,428 96.870
Total $ 4.086.456 $ 4.086.456
37
City of Rancho Cucamonga ,
Notes to Financial Statements(Continued)
Note 13: Interfund Receivables and Payables(Continued) '
Advances from/to other funds:
General Fund $ 17,807,004 $ '
Special Revenue Fund: '
Park Development - 300,000
Capital Projects Fund:
Rancho Cucamonga Redevelopment Agency 4,290,000 -
Long-Term Debt Account Group: '
Rancho Cucamonga Redevelopment Agency - 21.797.004
Total $ 22 097.004 $22.097.004 '
Note 14: Fund Equity
a. Reservation of Fund Balance/Retained Earnings '
The City has established certain fund balance/retained earnings reserve accounts to report the '
amounts in the following funds which represent amounts restricted for a specified purpose or fund
balances which are not available for appropriation in future periods.
1. Reserved for Advances to Other Funds: '
General Fund $ 8,321,228
Capital Projects Funds: '
Redevelopment Agency 4.290.000
Total Reserved for Advances to Other Funds $ 12.611.228 '
2. Reserved for Encumbrances:
General Fund $ 1382.770 ,
Special Revenue Funds:
Gas Tax $ 338,182 ,
SB 325 130,175
Park Development 211,153 '
Beautification 211,037
Lighting District 24,634
Landscape Maintenance District 181,308 '
Systems Development 290,161
Drainage Facilities 1,740
Community Development Block Grant 169,638 '
Assessment Administration 188
Measure 1 77,876
Library Services 900
California Literacy Campaign 2,851
38
City of Rancho Cucamonga
Notes to Financial Statements(Continued)
' Note 14: Fund Equity(Continued)
1996 Local Law Enforcement Block Grant 7.229
Total Special Revenue Funds $ 1.647,072
Debt Service Funds:
Redevelopment Agency $ 13.466
' Capital Projects Funds:
Redevelopment Agency $ 2.959.169
' Total Reserved for Encumbrances $ 6.002.477
3. Reserve for Land Held for Resale:
' Capital Projects Funds:
Redevelopment Agency $ 8.430.196
' 4. Reserved for Future Fire Station:
Special Revenue Funds:
Fire District $ 1,988,944
' 5. Reserved for Capital Projects:
Special Revenue Funds:
Landscape Maintenance District $ 4,379,223
Lighting Maintenance District 839.370
Total Reserved for Capital Projects $ 5.218,593
6. Reserved for Long-Term Loans Receivable
Capital Projects Funds:
Redevelopment Agency $ 12.429.199
' 7. Reserved for Vehicle and Equipment Replacement:
Special Revenue Funds:
Gas Tax $ 417,500
' Fire District 1.733.536
Total Special Revenue Funds $ 2,151,036
Internal Service Funds:
Vehicle Replacement 13.406.148
Total Reserved for Vehicle and Equipment Replacement $ 15.557.184
8. Reserved for Data Processing Equipment/Technology Replacement
Internal Service Funds:
Data Processing Equipment/Technology Replacement $ 1.119.598
39
City of Rancho Cucamonga '
Notes to Financial Statements(Continued)
Note 14: Fund Equity(Continued) '
9. Prepaid PERS Costs:
General Fund $ 1.533.634 '
10. Prepaid PERS Rate Adjustment $ 525.000
11. Unrealized Gain:
General Fund $ 51.074
Special Revenue Funds: ,
Gas Tax $ 2,960
SB 325 315 '
Recreation Services 391
Park Development 2,074
Beautification 966 '
Lighting Districts 1,565
Landscape Maintenance Districts 9,124
Systems Development 4,137 ,
Drainage Facilities 984
Pedestrian Grants 8
Federal Aid Urban 209 '
San Sevaine/Etiwanda 1,113
Air Quality Improvement 87
South Etiwanda Drainage 13 '
Masi Commerce Center 1
Assessments Administration 409
Measure 1 4,677 ,
Library Services 180
Metrolink 37
California Literacy Campaign 8 '
Major Urban Resources Library Grant 9
1996 Local Law Enforcement Block Grant 17
COPS Program Grant 397 '
California State Literacy Foundation Grant 4
Fire District 2,228
Total Special Revenue Funds $ 31.913 ,
Debt Service Funds:
Redevelopment Agency $ 25.742 '
Capital Projects Funds:
82-1R $ 4 '
84-1 1,018
84-2 39
86-2 395 '
Redevelopment Agency 124.733
Total Capital Projects Funds $ 126,189 '
40
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
' Note 14: Fund Equity(Continued)
Enterprise Fund:
Sports Complex $ 136
Internal Service Funds:
Vehicle Replacement $ 11,682
Data Processing Equipment/Technology Replacement 4,590
' Total Internal Service Funds $ 16,272
Total Reserved for Unrealized Gain $ 251.326
Total Reserved Fund Equity $ 65.667.379
' Description of Reserves:
1. Reserve for Advances to Other Funds
This reserve is used to indicate that the long-term portion of Advances to other funds do not
represent available, spendable resources even though they are a component of total assets.
2. Reserve for Encumbrances
' Amounts reserved for encumbrances are commitments for materials and services or purchase
orders and contracts which are unperformed.
' 3. Reserve for Land Held for Resale
This reserve is used to indicate that land held for resale does not represent available
' spendable resources even though they are a component of total assets.
4. Reserve for Future Fire Station
' This reserve represents amounts segregated by the Fire District for use in constructing a fire
station.
' 5. Reserve for Capital Projects
This reserve represents projects legally approved by governing boards which have not been
started as of the date of this report.
6. Reserve for Long-Term Loans Receivable
1 This reserve represents deferred rehabilitation loans made by the Redevelopment Agency
which do not represent available spendable resources even though they are a component of
' total assets.
41
City of Rancho Cucamonga '
Notes to Financial Statements(Continued)
Note 14: Fund Equity(Continued) ,
7. Reserve for Vehicle and Equipment Replacement
This reserve represents amounts segregated by the Fire District for use in future vehicle and '
equipment replacement.
8. Reserve for Data Processing Equipment/Technology Replacement '
This reserve represents amounts segregated for replacing the City's data processing equipment ,
and maintaining current technology.
9. Reserve for Prepaid PERS Costs '
This reserve is used to indicate that prepaid costs do not represent available spendable
resources even though they are a component of total assets '
10. Reserve for PERS Rate Adjustment
This reserve represents amounts legally segregated for use in future PERS rate adjustments. ,
11. Reserve for Unrealized Gain '
This reserve represents the amount required to offset the City's cash and investments to state
these assets at fair value in accordance with GASB Statement No. 31. '
b. Unreserved - Designations
The City has established certain designations to indicate tentative managerial plans or intent. '
Designated for Self-Insurance '
General Fund $ 5.994,960
Designated for Changes in Economic Circumstances '
General Fund 12.804,897
Designation for Working Capital ,
General Fund 1,696,045
Special Revenue Funds:
Lighting Districts 494,810 '
Landscape Maintenance Districts 3,381,738
Fire District 1.300,760
Total Designated for Working Caital 6.873.353 '
Designated for Continuing Projects
Capital Projects Funds: ,
Redevelopment Agency 75.786.732
Designation for Equipment and Vehicles '
42
' City of Rancho Cucamonga
Notes to Financial Statements(Continued)
Note 14: Fund Equity(Continued)
Capital Projects Funds:
' Redevelopment Agency 400.000
Designation for Long-Term Employee Leave Pay Outs
General Fund 2.000.170
Designation for Integrated Waste Management
' General Fund 620.866
Designation for Booking Fees
General Fund 723.000
Designation for City Facilities Capital Repairs
' General Fund 5.654.945
Designation for Law Enforcement
General Fund 1.522.065
Designation for County Library Agreement
General Fund 100.000
Designation for Lions Center Renovation
' General Fund 835.600
Designated for Debt Service
Debt Service Funds:
Public Improvement Corporation 289,066
Redevelopment Agency 21.376.867
Total Designated for Debt Service 21.665.933
Total Designated Fund Balance $ 134.982.521
' c. Opening Fund Balance/Retained Earnings Adjustments
Beginning fund balances/retained earnings have been restated for the implementation of GASB
Statement No. 31 as follows:
' General Fund $ 7_( 4.710)
Special Revenue Funds:
' Gas Tax $ (5,272)
SB 325 (561)
Recreation Services (697)
' Park Development (3,694)
Beautification (1,720)
Lighting Districts (2,788)
Landscape Maintenance Districts (16,247)
43
City of Rancho Cucamonga '
Notes to Financial Statements (Continued)
Note 14: Fund Equity(Continued) ,
Systems Development (7,367)
Drainage Facilities (1,753) ,
Pedestrian Grants (14)
Federal Aid Urban (371)
Assessments Administration (729) '
Air Quality Improvement (154)
San Sevaine/Etiwanda Drainage (1,983)
South Etiwanda Drainage (23) '
Measure 1 (8,328)
Library Services (320)
Metrolink (66) '
Grandparents with Books Grant (1)
California Literacy Campaign (14)
Major Urban Resources Library Grant (16) ,
1996 Local Law Enforcement Block Grant (31)
COPS Program Grant (707)
California State Literacy Foundation Grant (8) '
Senior Outreach Grant (1)
Fire District (2.228)
Total Special Revenue Funds $ (55,093) '
Debt Service Funds: ,
Public Improvement Corporation $ 579
Redevelopment Agency3( 9.442)
Total Debt Service Funds $ (40,021) '
Capital Projects Funds: '
82-1R $ (7)
84-1 (1,814)
84-2 (70)
86-2 (703)
Redevelopment Agency20( 7.313)
Total Capital Projects Funds $ (209,907) '
Enterprise Fund: '
Sports Complex $ 136
Internal Service Funds:
Vehicle Replacement $ (20,803) '
Data Processing Equipment/Technology Replacement (8.174)
Total Internal Service Funds $ (28,977) ,
Total Restatement for GASB Statement No. 31 $ 40( 8.572)
44
' City of Rancho Cucamonga
Notes to Financial Statements(Continued)
Note 14: Fund Equity(Continued)
' Other restatements of beginning fund balances/retained earnings are as follows:
General Fund:
Transfer prior year expenditures from the CDBG fund as a result
of reconciliation of CDBG projects to new Federal IDIS system $ 44 687
Special Revenue Funds:
Community Development Block Grant (CDBG) Fund:
' Transfer prior year expenditure to General Fund as a result
of a reconciliation of CDBG projects to new IDIS system $ 44,687
' SB 140 Fund:
Restate prior year grant receivable 56.662
' Total Special Revenue Funds $ 101.349
Note 15: Summary Disclosure of Self-Insurance Contingencies
' The City is self-insured for the first$100,000 on each general liability claim. The insurance coverage
in excess of the self-insured amount is provided by the Public Agency Risk Sharing Authority of
' California (PARSAC) up to a limit of$10,000,000. Also, the City is self-insured through PARSAC
for workers' compensation. The coverage is for $10,000,000 with no retention amount.
' Claims expenditures and liabilities are reported when it is probable that a loss has occurred and the
amount of that loss can be reasonably estimated. These losses include an estimate of claims that have
been incurred but not reported. The City funds all claims payable, including those incurred but not
reported, in the yearly deposit it pays to PARSAC. Therefore, no liability is shown on the City's
financial statements.
' Effective June 1, 1986 the City became a member of the PARSAC, a public entity risk pool currently
operating as a common risk management and insurance program for 32 California cities. The City
pays an annual premium to the pool for its excess general liability insurance coverage. The
agreement for information of the PARSAC provides that the pool will be self-sustaining through
' member premiums. The City continues to carry commercial companies for all other risks of loss,
including property insurance, earthquake and flood,auto physical damage insurance and tulip/special
events insurance.
The PARSAC will publish its own financial report for the year ended June 30, 1998, which can be
obtained from Public Agency Risk Sharing Authority of California, Sacramento, California.
There have been no significant changes in insurance coverage from the prior year. During the past
four fiscal years, the amount of settlements has not exceeded the amount of insurance coverage.
The City is involved in litigation arising in the normal course of business. Although the legal
responsibility and financial impact with respect to such litigation cannot be presently ascertained,
' based on information from the service agent and others involved with the administration of the
45
City of Rancho Cucamonga '
Notes to Financial Statements (Continued)
programs,the City believes that the self-insurance designation of$5,994,960 is adequate to cover such '
losses.
Note 16: Deferred Compensation Plan ,
The City maintains a deferred compensation plan under Section 457 of the Internal Revenue Code
for the benefit of its employees. The plan allows the employees to defer or postpone receipt of ,
income. Such income deferral provides tax advantages and a savings plan for the employees. At
June 30, 1998, assets of the plan totaled $6,660,377.
With the enactment of H.R. 3448 on August 20, 1996, effective January 1, 1997 employers must
establish a trust arrangement or similar vehicle to ensure assets for 457 deferred compensation plans
are protected and used exclusively for plan participants and beneficiaries. For 457 plans in existence ,
on the date of enactment, a trust will not need to be established until January 1, 1999. For 457 plans
established after the date of enactment, the provision takes effect immediately. As of this report date,
the City has established a trust arrangement for its Section 457 plans with ICMA and Great Western. ,
The City has a fiduciary responsibility to safeguard the assets of the program and to ensure that the
plan is properly maintained by the plan administrator. Generally, assets are available to participants ,
only upon termination of employment with the City, retirement, death or disability. The assets and
liabilities of the City's deferred compensation plan are no longer reported on the balance sheet in
accordance with GASB Statement No. 32. '
Note 17: West End Communications Financing Authority
The West End Communications Financing Authority was formed by a joint exercise of powers ,
agreement dated February 21, 1990 and amended February 7, 1991 pursuant to the Joint Exercise of
Powers Law of the State of California. It was established for the purpose of financing public ,
improvements through the acquisition, construction and improvement thereof by the Authority.
Separate financial statements may be obtained from the Authority.
The Authority's membership consists of the City of Chino, the City of Ontario, the City of Rancho ,
Cucamonga,the City of Montclair,the City of Upland,the Chino Valley Fire District,the Cucamonga
County Water District, Ontario International Airport and the Rancho Cucamonga Fire Protection '
District. The City of Rancho Cucamonga's share of participation is 9.48%. The Board of Directors
is comprised of the Chief Executive Officer and Finance Director of each member agency. Each
Director has one vote over budgeting and financial matters, except for the Cucamonga County Water ,
District and Ontario International Airport, who have chosen not to participate on the Board of
Directors. The Authority is a public entity separate from the agencies, and is not included in the
financial statements of those entities. '
The Authority issued two sets of 1991 Revenue Bonds on August 9, 1991 and in order to purchase
800MHZ Communications Equipment which is, in tum, to be leased to the agencies. Series A was '
issued for $4,050,000 and the equipment acquired will be leased to the City of Chino. Series B was
issued for$5,620,000 and the equipment acquired will be leased to the Cities of Ontario and Rancho
Cucamonga. Lease payments made by the member agencies are security for the debt and will be used '
to retire the debt.
46
' City of Rancho Cucamonga
Notes to Financial Statements(Continued)
' Note 18: Segment Information - Enterprise Fund
a. The following schedule presents segment information for the Enterprise Fund maintained by the
' City.
' Sports Complex
Operating revenues $ 777,774
Depreciation 444,342
' Operating income (loss) (905,202)
Operating transfers in 209,289
Tax revenues 162,296
' Net income (loss) (525,275)
Contributed capital 19,643,006
Net working capital 68,452
Total assets 19,953,349
Total equity 19,755,882
b. Reconciliation of Contributed Capital
Sports Complex
' Beginning balance $ 20,072,998
Depreciation related to contributed capital (429.9921
' Ending Balance $ 19.643.006
' Note 19: Subsequent Events
On July 1, 1998, the Rancho Cucamonga Fire Protection District issued a Tax and Revenue
Anticipation note in the amount of$1,340,000 at a stated interest rate of 8.00%. The note is due on
June 30, 1999 and is to be paid from 1998-99 revenues.
' Note 20: Recent Legislation
During 1995,the California Supreme Court issued a decision which reinstated Califomia's Proposition
' 62's voter- approval requirement for general taxes. As a result of this ruling, questions have arisen
regarding the ability of general law cities to continue to assess utility user and other form of taxes
which were not approved by the voters. Also, recently the voters approved proposition 218 which
required that certain forms of taxes to be approved by the voters. As of the date of this report a
determination of whether future collection of this tax can continue can not be determined.
1
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ao
V
CrrY OF RANCHO CUCAMONGA
General Fund
' The General Fund is the general operating fund of the City. All general tax receipts and
fee revenue not allocated by law, Council policy or contractual agreement to other 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.
1
' 49
CITY OF RANCHO CUCAMONGA ,
Balance Sheet
General Fund ,
June 30, 1998
(With Comparative Totals for June 30, 1997)
Assets 1998 1997
Cash and investments $ 33,686,517 $ 28,472,513 '
Receivables(net of allowance for uncollectibles):
Taxes 1,832,242 1,692,661
Accounts 599,665 632,536
Interest 122,444 229,312
Due from other funds 739,045 2,321,381
Prepaid charges 201,275 '
Prepaid PERS costs 1,533,634 1,412,421
Advances to other funds 17,807,004 16,176,627
Total assets $ 56,521,826 $ 50,937,451 '
Liabilities and Fund Balances
Liabilities:
Accounts payable $ 1,324,122 $ 792,492 '
Accrued payroll 316,293 133,180
Accrued employee benefits-current 1,501,885 1,465,608
Due to other funds 53,819 363,209
Deferred revenue 9,491,027 7,860,760
Claims payable 68,426 -
Total liabilities 12,755.572 10,615,249
Fund balances:
Reserved for encumbrances 1,382,770 656,331
Reserved for prepaid PERS cost 1,533,634 1,412,421 '
Reserved for prepaid PERS rate adjustment 525,000 525,000
Reserved for advances to other funds 8,321,228 8,321,226
Reserved for unrealized gain 51,074
Total reserved fund balances 11,813,706 10,914,978 ,
Unreserved:
Designated for self-insurance 5,994,960 5,714,630 '
Designated for long-term employee leave payouts 2,000,170 1,960,950
Designated for County Library agreement 100,000 200,000
Designated for Lions Center renovation 835,600 835,600
Designated for integrated waste management 620,866 504,707
Designated for booking fees 723,000 723,000
Designated for City facilities'capital repairs 5,654,945 4,664,645
Designated for changes in economic circumstances 12,804,897 11,901,861 '
Designated for law enforcement 1,522,065 1,490,000
Designated for working capital 1,696,045 1,411,831
Total unreserved, designated fund balances 31,952,548 29,407,224
Total fund balances 43,768,254 40,322,202
Total liabilities and fund balances $® $ 50,9376451 '
50 '
1 CITY OF RANCHO CUCAMONGA
Statement of Revenues, Expenditures and Changes in Fund Balance
General Fund
Year Ended June 30, 1998
(With Comparative Totals for the Year Ended June 30, 1997)
1998 1997
' Revenues:
Taxes $ 22,847,290 $ 21,862,262
Licenses and permits 2,162,381 1,795,225
Fines and forfeits 363,397 206,875
Use of money and property 2,503,753 2,411,805
Intergovernmental 5,134,641 5,439,152
Charges for services 2,621,913 1,891,515
Other 2,428,422 3,008,235
' Total revenues 38,061,797 36,615,069
Expenditures:
Current 7,763,184 5,365,830
General government
Public safety 10,208,267 10,282,929
Engineering and public works 6,623,382 6,495,631
Community development 3,223,997 2,928,892
Community services 1,248,133 1,124,226
Capital outlay
Debt service: 118,378 102,502
Principal
Interest and fiscal charges 19,410 17,715
Total expenditures 29,202,751 26,317,725
Excess of revenues over
(under)expenditures 8,859,046 10,297,344
Other financing sources(uses): 42 960
Operating transfers in
Operating transfers out (5,338,557) (4,497,400)
Debt proceeds
081
Total other financing sources
' (uses) (5,295,597) (4,328,319)
Excess of revenues and other
financing sources over(under)
expenditures and other
financing uses $® $,®®
Fund balances, beginning $ 40,322,202 $ 37,998,324
Restatements (119,397) 104,853
Fund balances, beginning, as restated 40,202,805 38,103,177
Excess of revenues and other
financing sources over(under)
expenditures and other
financing uses 3,563,449 5,969,025
' Residual equity transfer - (3,750,000)
Fund balances, ending $$ 43�e $$ 4�02
' 51
CITY OF RANCHO CUCAMONGA
Statement of Revenues,EVendilures and Changes in Fund Balance
Budget and Actual(Budgetary Basis)
General Fund
,. Year Ended June 30,1998
1998 1997 ,
Vadanoe
Favorable/
Revenues: Budge Actual Unfavorable ASI ,
Taxes:
Properly tax $ 1,743,270 E 1,810,766 $ 67.486
,
Properly sarrsfer fax 250000 281385 $ 1.655,5540.000 31,385 250,766
Sales and 13
TrarmwitWt ,
166' 36•858 169,934
Franchise tax 10,341,500 10,944,935 603,435 10,025,134
Utility users tax 3,722,9303,698,513 (24,417) 3,541,578
5.965.000 __5.944.833 (20.167) 6.807.293
Total taxes — 22.152.700 22.847,290
694.690 _22.450.259
Lloemi es and pam*s: ,
Building permits 850,000 1,131,698
Business licenses 281.698 866,596
Other Permits 875,000 1,018,331 143,331 920,884
7.750 12.352 4.602 7.745
Total licenses and permits _ 732.
1, 750 2.162,381 429.631 1.795 ,
.225
Fhras and tortelli:
Court fires 207,500 249,738 ,
Parlang tickele and othar 106.000 113.659 42,738 119,329
7.659 87.546
Toted files and tarfeds 313,500
363.397 49,897 206,875
Use of money and propa„y; ,
interest moome 2.190.000 2.503753
313.753 _2,411,805
Total use of money and property 2,190.000 2 503.753 _313.753 _ 2.411.805
�er0ovemmardal:
Motor vehicle in lieu 5.064.700 5,074435
Homeowrws exemption and otirar sulk 5,064.700 9,735 4,788,074
ONJtighway MOW vehicle 40,860 58..373 633 18 373 61,229
'
(27) 1.852
Total mwrgmwmnenpl
5,106.560 _ 5,134.641 28.061 4.851,155
Charges for services: ,
Plan check fees 425,000
Planning fees 639.394 214,394 408,551
Ergmeermg fees 470,00038.5.828 (84,172) 339,701
Sale of materials 800,000 1,026,364 226,364 837,848
Otherdtargesforservices 66•681) 65,479 (1,101) 75,475 ,
X970 _508.848 (363,122) 229.940
Tafel charges/or services 2,629,550 2.621,913 _ (7,6371 1.891,515
Ogren.
Cost reimbursements 2,176,800 2164,813
Sale of fbad assets 72.500 72.057 (443)
2,982,650
Miscdleneous revenue 6000 191.552 (5M 492 ,
— 185.552 2$,pg3
Total cow 2,255.300 2.428.422 _ 173.122 Loos M
Total revenues 36,380.360 38.061,7971,681. '
437 36.615.069
—
(continued)
52 ,
CITY OF RANCHO CUCAMONGA
Statement of Revenues,Expenditures and Changes in Fund Balance
Budget and Actual(Budgetary Basis)
General Fund
Year Ended Jure 30,1998
1998 1997
Variance
Favorable/
'
Budoet Actual (Unfavorable) Actual
Expenditures:
Current:
General government:
City Council 61,350 58,148 3,202 64,058
City Manager 501,652 500,391 1,261 434,459
City Clerk 415,713 390,967 24,746 365,188
Personnel overhead 78,621 (91,140) 169,761 (591,890)
' General overhead 1,763,321 1,401,545 361,776 946,726
Treasurer 4,570 3,770 800 2,753
Admmiauativeserices 1,841,190 1,860,904 (19,714) 1,251,635
Finance 519,682 477,213 42,469 490,580
Business licenses 153,269 150,627 2,642 127,152
Personnel 226,890 722,355 4,535 191,945
Purchasing 173,040 169,809 3,231 158,473
Risk management 126240 103,447 22,793 75,606
Redevelopment Agency administration 703,870 593,504 110,366 563,925
Fire District administration 138,760 129,462 9298 90,569
City facilities 2,282,049 2,144,837 137,212 1,612,803
Toted general government 8,990,217 8,115,839 874,378 5,783,982
Public safety:
Police:
Sheriff contract services 10,663,314 10,114,410 548,904 9,803,541
Emergency preparedness 233,230 202,800 30,430 174,117
Animal control 353,771 301,714 52,057 311,347
TOW PAW Safety 11,250,315 10,618,924 631,391 10289,005
Englna I and public works:
Engineering administration 292,090 284,380 7,710 660,216
Development management 1,002,270 999,662 2,608 749,088
Traffic management 282,378 282,339 39 210,036
Pr*d management 121,820 121,664 156 115,182
Construction management 335,120 331,613 3,507 323,996
' Waste management 624,333 574.335 49,998 843,940
Street and park maintenance 3,759,337 3,614,867 144,470 3,182,949
Vehicle maintenance 947,591 882,859 64,732 595,300
Total engineering and public works 7,364,939 7,091,719 273,220 6,680,707
Communitydevelopenem
Planning commission 10,500 6,700 3,800 7,003
Administration 201,520 199,016 2,504 187,809
Planning 1,528,970 1,776,455 252,515 997,672
Building and safety 1,866,369 1,835,893 30,476 1,783,371
Total community development 3,607,359 3,318,064 289,295 2,975,855
Community services:
Community services 1,412,980 1,302,382 110,598 1,123,644
Park and recreation commission 1,670 805 765 646
TOW comrnsutyservices 1,414,550 1,303,187 111,363 1,124,290
(continued)
53
CITY OF RANCHO CUCAMONGA ,
Statement of Revenues.Experditww and Charges in Fund Balance
Budget and Actrol(Budgetary Basis)
General Fund
Year Ended June 30,1998
1998 1997 '
Variance
Favorable/ '
Debt service: Budget Actual (Unfavorable) Actual
Principal 118,378 118,378 102,502
Interest and focal dwrges 19,410 19,410 - 17,715
Total debt service 137,788 137,788 120217
Total spe ditures 32,765.168 30,585,521 2,179,647 26,974,056 '
ErorAss of revenues over(under)
apenditures 3,615,192 7,476276 3,861,084 _ 9,641,013
Otho financing sources(uses) ,
OPmetin9 transfers In - 42,960 42,960
Operating trawlers out (1,769,972)
Debt Mose s (5,338,557) (3,548,585) (4,425,400)
_ 97.OBt
Total a8wrfsrarrdngaaaces(uaes) (1,789,972) (5,295,597) (3,505,6251 (4,328.319)
Emoss of revenues and other financing '
sources over(under)expenditures and
01twI wncig uses(budgetary basis) 1,825,220 2,180,679 355,459 5.312.694
AdlustrceMs: ,
To adtot for erwrmhranoss 1.382.770 1.382,770 656.331
Excess of revenues and other firwnckg .
sources over(under)Ope ditnses and ,
other financft uses(GAAP basis) $ 1.825,220 S 3.563.449 -_Lj,738=9 $ 5,969.025
Fund Balances:
Fund balances,begirrug 40,322202 40,322,202 - 37,998,324
Rea>atenwnts (119,397) (119,397) 104,853
Fund balances,beghnhV,as meted 40202,805 40202,805 - 38,103,177 '
Excess ofrevenues and otherfrmicag
Boraces over(under)w9erdtirses and
otiw financing uses(GAAP basis) 1,825,220 3,563,449 1,736,229 5,989,025
Residual equity transfer (3,750,000)
Fund balances,a ding S 4,2 B.025 E 43.766254 E 1.736229 S 40.322 202
54 '
SPECIAL
REVENUE FUNDS
1-
CITY OF RANCHO CUCAMONGA
Special Revenue Funds
' Special Revenue Funds account for revenues derived from specific sources which are
required by law or administrative regulation to be accounted for in a separated fund.
Funds included are:
Gas Tax Fund — Established to account for the revenue and disbursement of funds used
for road construction and maintenance of the City network system. The City's share of
state gasoline taxes provided the financing.
SB325 Fund—Established to account for the revenue and disbursement of funds received
by extending the statewide sales tax of 1/4 of 1 cent to motor vehicle fuel under the
Transportation Development Act.
Recreation Fund —Established to account for the wide variety of classes, special events,
and activities sponsored by the Community Services Department.
Park Development Fund — Established to account for the residential park development
fees charged subdividers upon issuance of a building permit for development of future
park or recreational sites.
Beautification Fund — Established to account for fees collected to provide proper
landscaping and irrigation systems after parkway and median improvements are made.
Lighting Districts Fund — Established to account for the costs associated with providing
street lights. Financing is provided by special assessments levied against the benefiting
property owners.
Landscape Maintenance Fund — Established to account for the costs associated with
providing landscape maintenance. Financing is provided by special assessments levied
against the benefiting property owners.
Systems Development Fund — Established to account for fees charged a subdivider for
the construction and expansion of City streets and highways which provide additional
capacity and safety.
Park Bond Act 1980 and 1984 Funds — Established to account for the revenue and
disbursement of funds received from the State of California for construction of parks and
recreational facilities.
Drainage Facilities Fund — Established to account for fees charged developers for
purposes of defraying the actual or estimated costs of constructing planned drainage or
sewer facilities that are in the subdivision.
55
Pedestrian Grants Fund Established to account for the revenue and disbursement of ,
funds received for the construction of facilities provided for the exclusive use of
pedestrians and bicycles.
Federal Aid Urban Fund — Established to account for the revenue and disbursement of
Federal funding for the construction of the City roadway system.
Community Development Block Grant Fund—Established to account for grants received ,
from the Department of Housing and Urban Development. These revenues must be
expended to accomplish one of the following objectives: elimination of slum or blight;or '
benefit to low and moderate income persons by providing loans and grants to owner-
occupants and rental property owners to rehabilitate residential properties.
Assessment Administration Fund — Established to account for the revenue and
disbursement of administration of assessment districts.
San Sevaine/Etiwanda Drainage Fund — Established to account for Development Impact
fees collected in the San Sevaine/Etiwanda Drainage Assessment District for the
construction of regional and mainline flood control projects in that district. '
SB 140 Fund — Established to account for the revenue and disbursement of State
matching funds for the construction of eligible street construction projects.
Air Quality ImorOVement Fund — Established to account for the revenue and
disbursement of funds received as a result of Assembly Bill 2766 which imposed an
additional registration fee on motor vehicles. These revenues are to be used to reduce air
pollution from motor vehicles and for related planning, monitoring, enforcement, and
technical studies (Vehicle Code Section 9250.17 and Health and Safety Code Chapter 7,
Part 5 of Division 26, commencing with Section 44220).
Fuel Efficient Traffic Si Management Grant (FETSIM) Fund — Established to
account for grants received from the California Department of Transportation. These
revenues are to be used on the re-timing of signalized intersections.
South Etiwanda PERiffige Fund — Established to account for monies deposited by
property owners for initial consulting costs related to a possible formation of an
assessment district for master planned drainage facilities.
Masi Commerce Center—Established to account for monies deposited by developers for
initial consulting and administrative costs and expenses related to a proposed public
financing district.
Measure I Fund — Established to account for the revenue and disbursement of
county/local gasoline tax funds for the construction and maintenance of eligible street
projects.
56 ,
Library Services Fund — Established to account for services provided by the City of
' Rancho Cucamonga Library. Funding for this service is made possible through a transfer
of San Bernardino County library tax revenues to the City of Rancho Cucamonga for
library purposes. Some start-up costs were incurred during 1993/94; however, full
implementation of City library services did not begin until September 1994.
Metrolink Fund — Established to account for the commuter rail project (Metrolink
Station) being funded by a combined source of State Proposition 108 (Passenger Rail &
Clean Air Bond Act of 1990) and San Bernardino County Measure I revenues allotted to
the City through an agreement with San Bernardino Associated Governments
(SANBAG).
California Literacy Campaign Grant Fund — The California Literacy Campaign Grant is
administered by the State Library of California for the purpose of promoting literacy.
Major Urban Resource Library Services (HURLS) Grant Fund — Awarded each year by
the California State Library, this grant program is funded through the Federal Library
Services and Construction Act. Awarded on application to public libraries serving a
population in excess of 100,000, the funds must be used to purchase business reference
resources.
Used Oil Recycling Grant Fund — In 1991, the Legislature passed AB 2076, the
California Oil Recovery Enhancement Act. The act requires oil manufacturers to pay
$0.04 to the California Integrated Waste Management Board for each quart of lubricating
oil sold in the State of California. These grant funds are available to governmental
agencies, based on population, for the purpose of establishing and administering used oil
collection programs. These funds must be used expressly for oil recycling collection and
educational programs.
1996 Local Law Enforcement Block Grant Fund — Established to account for is a one-
time federal grant awarded by the Bureau of Justice Assistance. The total grant award
was $87,099 and had a 10% matching requirement. The funds were used to purchase
equipment to establish satellite police offices throughout the city. The offices provide
increased police visibility/accessibility to the community.
1997 Local Law Enforcement Block Grant Fund — Established to account for a Federal
Block Grant that was used to assist with the purchase of a community-service vehicle, in
keeping with the Community-Oriented-Policing concept. This grant has an 11%
matching requirement.
1 COPS Program Grant Fund —Established to account for a grant awarded as the result of
the approval of State Assembly Bill 3229. The grant is a one-year award with no
matching fund requirements.
57
i
COPS Universal Grant Fund —Established to account for a grant awarded by the Federal
Department of Justice to fund five (5) additional full-time officers. The total grant award i
is$375,000, covers a 3-year period and has a 25% matching requirement. The officers
will be utilized in the Solution Oriented Policing Unit which is designed to present the
community policing concept to the citizens of Rancho Cucamonga.
COPS More Grant Fund —Established to account for a grant awarded by the Department
of Justice to implement the Telephone Report Unit and purchase the equipment for the '
Digital Report System. The total award of the grant is $79,532, has a 25% matching
requirement and is a one-time grant. The concept of the TRU Program and Digital
Dictation System is to allow more proactive patrol time and enhanced visibility of i
officers to the community.
Adult Education Grant Fund — Established to account for a $3,500 grant to the Rancho
Cucamonga Public Library from the Federal Department of Education. The funds are
earmarked for adult literacy services and are restricted to use for training and education
of volunteers and staff with the "West End Literacy League," the joint literacy program
operated by the Rancho Cucamonga Public Library, in partnership with the Upland
Public Library. This competitive grant requires no matching funds and is available, on
application, on a year-to-year basis.
Grandparents With Books Grant Fund — Established to account for the "Grandparents
With Books" grant program funded by the State Library of California. The City was
awarded $5,000 in FY 1996/97 to purchase children's books and train senior volunteers
to read to youngsters. The program opened with 15 volunteer seniors who are reading to
youngsters in the Storytelling Room at regularly scheduled hours throughout the week.
This grant is a one-time grant award that requires no matching funds.
California State Literacy Foundation Gram—Established to account for a$9,660 Planned
Giving Grant awarded to the City to begin development of a planned giving program for
the Rancho Cucamonga Public Foundation.
Senior Outreach Grant Fund—Established to account for a grant from the San Bernardino '
County Department of Aging and Adult Services. The gram requires matching funds of
10%. Funds from this gram will provide bi-lingual services and materials to be used to i
market the Rancho Cucamonga Senior Center, its programs, services and activities.
Teen After School Grant Fund —Established to account for a grant provided through the
San Bernardino County Superintendent of Schools with funds provided by the State of
California. The funds will allow the City to establish an afternoon drop-in teen program
for youngsters in grades six and up.
Fire District Fund — Established to account for the revenue and disbursement of funds i
received by the Rancho Cucamonga Fire Protection District in the course of that agency's
fire protection services.
r
58
This page left blank intentionally.
I
' 59
CITY OF RANCHO CUCAMONGA
Combining Balance Sheet
All Special Revenue Funds
June 30, 1998
(With Comparative Totals for June 30, 1997)
Recreation Park t
Assets Gas Tax SB 325 Services Development
Cash and investments $ 2,636,675 $ 280,583 $ 348,693 $ 1,847,664
Receivables(net of allowance for uncollectibles):
Texas -
Accounts - - 800 - ,
Interest 8,651 896 - 5,520
Deferred loans _ _
Liens -
Grants -
Due from other funds _ ,
Prepaid charges 867 -
Total assets $ 2,645,326 $ 281,479 $ 350,360 $ 1,853,184
Uabildies and Fund Balances
Uabilities: j
Accounts payable $ 190,686 $ 3 47,957 $ 251,815
Accrued payroll 24,186 - 24,350 _
Accrued employee benefits -
Due to other funds
Due to other governments
Deferred revenue
Advarhees from other funds 300,000
Total fiahilites 214,872 72,307 551,815
Fund balances:
Reserved for encumbrances 338,182 130,175 - 211,153
Reserved for capital projects _ _ -
Reserved for future fire station _ _
Reserved for land acquisition _ _
Reserved for employee leave payouts _ _
Reserved for radio system acquisition _ _
Reserved for vehicle and equipment replacement 417,500 -
Reserved for unrealasd gam 2,960 315 391 2,074
Total reserved fund balances 758,642 130,490 391 213,227
Unreserved:
Designated for working capital _ _ _ -
Undesignated 1,671,812 150,989 277,662 1,088,142
Total unreserved fund balances 1,671,812 150,989 277,662 1,088,142
Total fund balarhces 2,430,454 261,479 278,053 1,301,369 ,
Total Gabifities and fund balances $ 2,645,326 $ 281,479 $ 350,360 $ 1,853,184
60 '
Landscape
Lighting Maintenance Systems Park Bond Drainage
Beautification Districts Districts Development Act Facilities
$ 860,329 $ 1,394,527 $ 8,128,593 $ 3,684,480 $ $ 876,707
- 28,713 155,743 _
' 238 4,485 27,147 537
1,275
3,240
$ 863,807 $ 1,427,725 S 8,311,483 S 3,685,755 $ $ 877,244
$ 167,961 $ 67,346 $ 328,294 $ 79,652 $ $ 63,641
- - 31,796 7,880 2,924
73,529 - 4,012
241,490 67,346 360,090 87,532 70,577
211,037 24,634 181,308 290,161 - 1,740
- 839,370 4,379,223 - _
966 1,565 9,124 4,137 984
212,003 865,569 4,569,655 294,298 2,724
494,810 3,381,738 - _ _
410,314 - 3,303,925 803,943
410,314 494,810 3,381,738 3,303,925 803,943
' 622,317 1,360,379 7,951,393 3,598,223 806,667
S 863,807 S 1,427,725 $ 8,311,483 S 3,685,755 $ $ 877,244
81
CRY OF RANCHO CUCAMONGA
Combining Balance Sheet(Continued)
All Special Revenue Funds
June 30, 1998
(With Comparative Totals for June 30, 1997)
Community
Pedestrian Federal Development Assessment
Assets G nts Aid Urban Block Grent Admin stration
Cash and investments $ 7,084 $ 185,928 $ $ 364,428
Receivables(net of allowance for uncollectibles):
Taxes -
Accounts -
Inlerest 23 1,263
Deferred bans - 306,712 -
Uens - -
Grants 588 70,601 464,005
Due from other funds - - -
Prepaid charges
Totelassets S 7,875 E 258,529 E 770,717 E 365,891 '
Liabilities and Fund Balances
Liabilities:
Accounts payable E E S 187,159 E 1,347
Accrued PAW 4,301 7,244
Accrued employee benefits _ -
Due to other funds _ _ 272,545 _
Due to other governments 20,455 306,712
Deferred revenue _
Advances from other funds
Total tiaaTi dies - 20,455 770,717 8,591
Fund balances:
Reserved for encumbrances - - 169,638 188
Reserved for capital projects _ _ _ _
Reserved for future fire station _ - _ _ '
Reserved for land acquisition _ _ _ _
Reserved for employee leave payouts _ _ _ _
Reserved for radio system acquisition _ _ _ _
Reserved for vehicle and equipment replacement - - _ _
Reserved for unrealized gain 8 209 - 409
Total reserved fund balances 8 209 169,838 597
Unreserved:
Designated for working capital _ _
Undesignated 7,687 235,865 (169,638) 356,503
Total unreserved fund balances 7,667 235,865 (169,638) 356,503
Total fund balances 7,675 236,074 357,100 '
Total liabilities and fund balances $ 7,675 $ 256,529 $ 770,717 $ 385,691
62
1
San Sevahw South Mew
Etiwanda Air Quality FETSIM Etiwanda Commerce
Drainaae SB 140 Improvement Grant Drainaae Center
$ 991,929 $ 7,088 $ 77,268 $ 154 $ 11,437 $ 879
' - 4,717 32,750 - _ -
220
206,233
25,730
37
' $ 991,929 $ 243,768 $ 110,275 $ 154 $ 11,437 $ 879
$ - $ - $ 5,218 $ - $ - $ -
- 306 - - -
211,027
154
211,027 5,524 154
1,113 87 13 1
1,113 87 13 1
990,816 32,741 104,684 11,424 878
990,816 32,741 104,664 11,424 878
' 991,929 32,741 104,751 11,437 879
$ 991,929 $ 243,768 $ 110,275 $ 154 $ 11,437 $ 879
CRY OF RANCHO CUCAMONGA
Combining Balance Sheet(Continued) '
All Special Revenue Funds
June 30, 1998
_(With Comparative Totals for June 30, 1997)
California
Library Literacy
Assets Measure I Services Metrolink Camoaian
Cash and investments $ 4,159,681 $ 160,118 $ 33,452 $ 6,774
Receivables(net of allowance for uncollectibles):
Taxes 80,537 372,535 - _
Accounts - 9,652 '
Interest 7,278 704 58
Deferred loans _
Liens
Grants
Due from other funds 78
Prepaid charges
Total assets $ 4,247,574 S 543,009 S 33,510 $ 6,774 '
_Liabilities and Fund Balances
Liabilities: ,
Accounts payable 99,547 $ 28,519 E - E 1,236
Accrued payroll - 23,168 677
Accrued employee benefits _ -
Due to other fiords 25,730
Due to other governments -
Deterred revenue _ - 4.284
Advances from other fiords
Total kbilities 125,277 51,687 6,197
Fund balances:
Reserved for encumbrances 77,876 900 2,851
Reserved for capital projects _ _
Reserved for future fire station _
Reserved for land acquisition _ - _ _
Reserved for employee leave payouts _ _ - _
Reserved for radio system acquisition _ _ - -
Reserved for vehicle and equipment replacement _
Reserved for unrealized gain 4,677 180 37 8
Toted reserved fiord balances 82,553 1,080 37 2,859
Unreserved:
Designated for worldng capital _ _ _
Undesignated 4,039,744 490,242 33,473 (2,282) '
Total unreserved fund balances 4,039,744 490,242 33,473 (2,282)
Total fund balances 4,122,297 491,322 33,510 577 ,
Total liabilities and fund baWnces $ 4,247,574 E 543,009 E 33,510 $ 6,774
64 ,
1996 1997
Major Urban Used Oil Local Law Local Law COPS COPS
Resource Recycling Enforcement Edorcement Program Universal
Library Grant Grant Block Grant Black Grant Grant Grant
' $ 7,805 $ $ 18,398 $ $ 353,514 $
' 1,214 =
- 30,872
' $ 7,805 $ 30,872 $ 18,398 $
$ 2,836 $ 1,173 $ 18,382 $ $ $
' - 162 - - -
29,537
4,960
7,796 30,872 18,382
- - 7,229
9 17 397
9 7,246 397
' (7,230) - 354,331 -
(7,230) 354,331
9 16 - 354,728 -
$ 7,805 $ 30,872 $ 18,398 $ $ 354,728 $
65
CITY OF RANCHO CUCAMONGA
Combining Balance Sheet(Continued) '
All Special Revenue Funds
June 30, 1998
(Wth Comparative Totals for June 30, 1997)
California
COPS Adult Grandparents State Literacy '
More Education With Books Foundation
Assets Grant Act Grant Grant Grant
Cash and investments $ - $ $ 304 $ 4,001 ,
Receivables(net of allowance for uncollectibles):
Taxes -
Accounts -
Interest _ _
Deferred loans -
Liens .
Grems - 1,015 3 '
Due from other funds - -
Prepaid charges
Total asset $ $ 1,015 $ 304 $ 4,004 '
Uabfities and Fund Balances
Llab6tiew ,
Accounts payable $ $ 600 $ $ 4,000
Accrued payroll _ -
Accrued employee benefits _
Due to other funds 415
Due to other governments -
Defamed revenue 304
Advances from other funds
Total liabilities 1,015 304 4,000
Fund balances:
Reserved for encumbrances _ _ _ _
Reserved for capital projects
Reserved for future fire station '
Reserved for land acquisition
Reserved for employee leave payouts
Reserved for radio system acquisition
Reserved for vehicle and equipment replacement -
Reserved for unrealized gain 4
Total reserved fund balances 4 '
Unreserved:
Designated for working capital
Undesignated
Total unreserved fund balances
Total fund balances 4 '
Total liabilities and fund balances $ $ 1,015 $ 304 $ 4,004
66 '
' Senior Teen After
Outreach School Program Fire Totals
Grant GrantDietrict 1998 1997
' $ 300 $ 190 $ 6,598,030 3 33,046,993 $ 26,467,844
- - 236,468 873,996 399,784
2,780 50,699 50,936
1 105,378 163,612 100,690
306,712 247,917
- 1,275 1,274
' 30,000 - 803,317 1,380,451
6,639 35,687 18,094
904
' 3 300 $ 30,190 $ 6,949,295 $ 35,283,195 E 28,867,190
$ $ 6,561 $ 276,535 $ 1,830,465 $ 1,207,725
- 252,476 379,470 317,069
- 668,380 868,380 625,991
23,439 23,134 585,827 2,242,141
- - 327,167 268,372
240 87,483 172,400
300,000 300,000
240 30,000 1,220,525 4,178,792 5,133,698
- - - 1,647,072 876,027
- 5,218,593 4,407,392
1,988,944 1,988,944 1,988,944
1,733,536 2,151,036 1,991,516
2,228 31,913
3,724,708 11,037,558 9,263,879
- - 1,300,760 5,177,308 5,394,760
60 190 703,302 14,889,537 8,874,853
60 190 2,004,062 20,066,845 14,269,613
' 60 190 5,728,770 31,104,403 23,533,492
$ 300 $ 30,190 $ 6,849,295 S 35,283,195 $ 28,667,190
' 67
CITY OF RANCHO CUCAMONGA ,
Combining Sla www Of Revenues.EXPOnditures and Changes in Fund Bdances
AO Spedel Revenue Funds
Year Ended June 30,1998
(With Comparative Totals for the Year Ended June 30,1997)
Recreation park
Gas Tek S8325 Services BesW6ution '
Revenues:
Tom $ s S S S
Fmes and forkMs
Use of nnrey and property 147,754 16,541 1,068 73,935 2,886 '
ISI 2.134.237 - - _
Charges for services - - 1,009,063 140 -
��If - - - 995,116 281,089
45,709
Total reveres 2.281,991 18,541 1,055,860 1,069,191 283,775
Expenditures:
Conant:
General gavermrwd
Public safety_fire protection _
EugbeMrg and public waft 2,033,119 130 - - 88,566
Conum+Yty davebpment
CWMVX lY services _ - 1.116160S 29.709
r--Pmord my 217,063 130,280 12.019 545,058 294,004
Debt service:
Principal 68,402 -
Interest and fiscal eherpes 4.186 - - 23,425
Total expenditures 2,322,752 130,410 1,130,625 598,192 382,590
Excess of revenues mar
(oder)wow dihaes (40.781) (113,8 (74,765) 470.999 (98,815)
Other financing sources(uses):
Operating transfers In _ _ - 411.808 326.500
Operating bwmbm an _ _ _ (374,338) -
Other
Total o0er financing sources
( ) 37.470 328,500 ,
Excess of revenues and other
financing sources over(under)
expenditures and other
financing uses S (40.787) S (173,869) S (74,7&71 $..508j4.69 S 229.665 '
Fund balances.begirmbg $ 2.476.497 $ 385.909 $ 353.515 S 796.594 $ 394.352 ,
Redstemerd s (5.272) (567) (697) (3.04) (1.720)
Fund balances,beginning,as raseted 2,471,215 395.348 952,818 792,900 392,632
Excess of revenues and other i
financing sources over(under)
expenditures and other
financing uses (40.781) (113,86 (74.765) 508,469 229,685
Fund balances.ending S 2,430,454 $ 281,479 S 278,053 S 1,901,369 S 822.317
68 '
1
' v
(+9to e4. systam Park ewA Dmhwe
a FWMla
S 1,980,590 $ 5,118,318 S $ S
' 88,000 419,569 11,504 - 9,032
21,491 - 1,537,699 - 356,309
31,981 21,517
1,168,081 5589,888 1,570,720 386,341
1,069,715 - 768,105
151566
4,671.049
' - 267.037 225,237 - 150,340
1,069,715 4.938,086 993,343 - 301,906
' 98,366 631,782 577.377 63,433
' $ 98,366 $ 831,782 S 577.377 S $ 63,433
'
$ 1,284,801 S 7,335,858 S 3,028,213 S - $ 744,957
8.788) (16,247) (7,367) (1,753)
1,262,013 7,319,611 3,020,848 - 743.234
1
' 98,366 631.782 577.377 63,433
S 16960,379
$ 7,957,393 L..265223 $ S 806,667
1 69
_ CITY OF RANCHO CUCAMONGA '
Combining Statement of Revenues,ExpaWitures and Changes in Fund Balances(Continued)
Age Special Revenue Funds '
Year Ended June 30,1998
(With Compara8w Totals for the Year Ended June 30,1897)
Community Sen SevahM ,
Pedestrian Federal Devebpnrnt Apasmerd EBwands
S+lEO!$ Aid Urban Block Gram AcIrrynistratim '
Revenues:
Taxes i - i - i - i - i -
Fina and kraits - - - -
Use of money and property 407 581 - 28,179 3,086 '
Irdetpovemrr=W - 1,120 1,332,325 - -
Charges for services _ _ _ _ _
Devabprnad fees _ _ _ 435.692 118,544
Other
Total revenues 407 1,701 1,332,325 463,871 118,640 '
ExparMBures:
Current: t
Cserraal gevammad _ _ _ 431.463 -
P1168csamy-fire prdactim _ - - _
Engineering and public wade _ _ _
Connaadly devabpnwd - 129,884
Community services - - - - -
Capital oul* - - 1,247,048 27,647 -
Debt service:
Principal
I and fatal dwgn
Tale)sQmrdroees 1,377,012 459,110
Excess of revenues over
(under)epadtlurm 407 1,701 (44,667) 4,781 119,840 '
Other financing sources(trees):
Operating tramM in _
Opa1MLp hara/ara out
COW
Total Over financing sources
(uses)
Exam of revenues and e0rer '
finance tp sources over(under)
axpendibuss and Clot
financing uses S 407 $....11.7.01 i (44.867) S 4,761 S 118,640 '
Fund imams,beginning S 7,282 $ 234,744 $ - S 353.068 3 874,272 '
Restate rents (14) (371) 44,887 (729) (11963)
Fund bWnoes.beginning,m rB4faled 7,288 234,373 44,687 352,338 872,244
Excess of revenues and omer '
8mrdng sources over(trnc"
expenditures and War
fimncirg uses 407 1,701 (44,687) 4,761 119,640 '
Ford baances,ending $ 7,675 $..2366074 $ $ 357,100 S 891,929
1
70 '
1
1
3suM Masi
Air Quality Etiwanda Comm uve
' 86140 !m> lhainsaa ser>iffi Measure
s
$ $ s s
- 3,288 -37 - 3 74,521
14,973 126,065 4,952,540
365
228 228
' 15,201 128,359 37 3 5,027,674
' - 165,523 - 2.623 .
i6,120 3,525 - - 242,522
' 6,120 169,048 2,623 242,522
' 8,051 (39,695) 37 2.6201 4,785,152
25.730 - - - -
- (25.730)
' 25.730 (25,730)
' S 34,811 i (39,695) S 97 S 2,620) S 4,759,422
'
$ - $ 144,800 $ 11,423 S 3,501 S (628,797)
(2,070) (154) 23) (2) (8,328)
' (1,070) 144,446 11,400 3,489 (637,125)
' 34,811 (39,895) 37 2.620) 4,759,422
S 32,741 S 104,751 S 11,437 S 879 S 4,122,297
' 71
CITY OF RANCHO CUCAMONGA i
Combining Stabment of Revenues.Expenditures and Chenpes in Fwd Balances(Confimm q
All Special Revenue Funds i
Year Ended June 30,1998
(With Comparative Totals for the Year Ended June 30,1 W
California Malar urban Used Oil
Library Lilrecy Resource Recycirp i
Iservic" Metrolin emom14R Ubmv Gram
Revenues:
Texas S 880.523 S - 8 - S $ -
Fines and Wells
Use of mruey and property 9,441 11051 22 25 i
InWMmenmm tal - - 9D,M 14,003 30,671
Charges for services 185,122
Devabprnerd fees
Oliver 119.818
Total revenues 1,234,702 1,051 90,891 14,028 30,871 i
Expendlitumms:
Curreft
Gen i
Cxanranal pwarranard _
pubic safely_fireg ----"cru _ _ _ _
Engilnewbg and public woft - 215 - - 30,871
i
Community services 1,144,335 - 99,900 14,003
Capital oWay - - -
Debt service:
Principal 100.000 - -
bdemt and fbwl
TOW expenditures 1,244,335 215 90,300 14,00 30,871
Excess o<revenues over
(under)expenditures (9,633) 836 Sol 25 i
Wier OnNdnp sonrnwe(uses):
Operating transfers in 10.000
Gprafty trarut.,rd
Oliver
Total otim finenciog sources
(uses) 10.00 i
Excess of revenues and other
li mumbq sources over(urlr)
experdWaas and d)w
fmancblp uses S 90.387 S 896 $ 591 S 25
Fund balances,beglmdng S 401,275 8 32,740 S
Resteterruenla (320) 8361 (14) (15)
Furl balances,begbmbug,as resMad 400.955 32.874 (14) (16) -
Excess of revenues and other '
it wwft sources over(undr)
expenditures and other
finenc'vup uses 90,367 596 591 25 ,
Fund balances,andtrp 8 481,322 $..336510 S 577 S 9 $
1
72 i
' 1686 1697
Local Law Local Lew CAPS COPS COPS
Erdwwn d Enbrowr d Proprem Unhwsal More
'
Block Grand Block GrerR goo gm0S - 20111-
i
' •48 - 25,069 -
73,087 85,107 286.678 150.000 79.530
' 73,135 85,107 291,947 150.000 78,530
' 17,806 85,107 221,840 150,000 79,530
55,180
73,088 85,107 221,940 150,000 76,530
47 70,007
' S 47 S - Al 70,007 S i
i - S
$ 285,428
(31) m
(31) - 284,721 - -
47 70,007
S 16 $ $ 354,728 $ i
CITY OF RANCHO CUCAMONGA '
Combining Smtanrnt of Revenues.Expenditures and Changes in Fund Balances(Continued)
Alt Special Revenue Funds '
Year Ended June 30,1998
NO Comparative Totals for the Year Ended June 30,1997)
California Senior Teen ,
Adult Grandparents State Literacy Outreach After School
Education and Boole Foundation Progum program
Revenues: Act O@O! S1@OS Gnm GnM Geon '
Tax S - $ - i - $ - S -
Fires and forfeits
Use of money and Property 1 12 7 '
IramYovemmontal 3,498 2,234 8,727 80 30,000
Charges for setvIm
owmwprwdfm
Other
Total revenues _ 3,493 2,235 8,739 131 30,000 '
Expenditures:
Crarent:
General government _
Pubic qty_fire protection
Engmearin9 and public waft
Commxodly development
Communtty sevicas 3,498 2234 8,727 - 28,810 '
Capital outlay _
Debt service:
Principal
Interest and fiscal charges
Tod axperdiMe 3,498 2,234 8,727 29,810
Excaes of revenue over
(under)expedilure 1 12 81 190
Other financing sources(use):
Operating transfers In
Opera"trartsfam as
Other
Total other financing sources
(aaea)
Excess of revenue and other '
frowning sources over(under)
expedlture and other
financing uses S $ 1 i 12 $ 61 S 190 '
Fund balances,beginning S - i i $
Restrtenerds (1) fgl (1)
Fad balances,beginning,as
Gxcee of revenues and other '
finaricag source ova(under)
expenditures and other
financing uses 1 12 61 190
Fund batencas,andi g S S S 4 $ W S 190
74 '
1
Rw Totals
L 1997
S 8,251,849 $ 15,311,280 S 14,077,707
1,806 11806 18,853
' 408,821 1,302,712 1,089,856
143,283 9,539,407 8,157,258
117,314 1,322,024 1,084,568
- 3,743,940 3,604,000
242,817 512,096 382,103
' 8,165,890 31,733,M 26,404,145
' - 2,437,430 2.249,055
9,490,941 9,490,941 9,096,377
2,304,489 1,910,593
4,801,013 4,509,888
' - 2,895.707 1.885.977
3.423,080 7,372,232
25,000 193,402 183,612
' 81,852 109,445 106,699
9,597,793 25,755,507 27,324,593
' (431,903) 5,977,758 (920,988)
648,000 1,512,038 1,128,635
-
483.681 493.861661 492.722
1,139,661 105,631 1,821,357
' $ 707,758 S 7,563,389 $...7.0 06969
' S 5,023,240 $ 23,533.492 S 22,748,884
2.228) (12,478) 83,639
5,021,012 23,521,014 22,832,523
' 707,758 7.583,389 700,909
S 51728,770 $ 31,104,403 $..23.6533 492
CITY OF RANCHO WCAMON611 '
Combining Statement of Revenues,Etmend tures and Changes in Fund Balances
Budget and Actual(Budgetary Basis)
All Special Revenue Funds
Year Ended June 30,1998
Oma Tax 6B 325 ,
Vssnce Vaf18m0e
Favorable/ Fawrabld
BSda€! Awl &khNomwl Budget 99144/ (UnfinamQk) '
Revenues:
Tax, $ - E - $ $ - S - S -
Finds and iofeils - _ _
Use of money and properly 27.000 147,754 120,754 3,000 16,541 13,541
IMwpvwneerdel 2,050,000 2,134,237 84.237 - '
Charges for senioes - _
Development sea
Older
Toad raucous:, 2.077.000 2.281,991 204.991 3.000 16.541 13.541 '
Eipardlunas:
CunonL
Goeral govdmmad _ _ _ _ _
pypgp SOW-fee Pra,ection _ _ _ _ '
Ersd . gaha publb waft 2,168,176 2,371,301 (203.125) 100 130 (30)
Community advices _ _ _ _ _ -
Capitol 70 217,0
outlay 633,963 416,907 299,450 260.455 38,995
Debt advice: t
Fruncipat 68.402 68.402 _ _ _ -
I am sed heel ard0e+ 4.168 4.168 -
TON evmxth s 2.874.716 2,680,934 213,782 289.550 260.585 38,965
Flaws er reverse over '
(urrdar)aterdboes (797.718) (378.943) 418,773 896.5501 (244,044) 52.508
OOer MeoonO macrame foes):
Operating aansfara in - - - -
Operating bdsfers out
Oliver
Tollollnr8rmem source,
(ossa)
Ettess of renemes end Mani ,
riarcm soman aver(under)
eterdihoes ab tam
flow ch uses(Budgetary Bee) (797.716) (378,943) 418,773 (296.550) (244.044) 52.506
To adjust for enoarmmnoes 338.182 338.182 130.175 130.175 '
mess of re enure and veer
merwbng acurles over(under) '
dOddlaaes
and c0w
Mernoonp neves(GMP Bps) s 87 ��14585 �1
Fund balance,,beginning S 2.476,487 S 2.476,487 8 - S 395.909 $ 395.909 S '
Restaterens (5.272) (5.27Z (5671 (561)
Fund barons,beOnriirig,as reNNed 2,471.215 2.471,215 - 395,348 395,348 -
Exeas O revenues and Ode '
meaning saaaea over(under)
eterdi o es and otter
financing used;(GAAP Basis) (797.716) (40,761) 756.955 896.560) (113.889) 182.681
Fund balances,temp S 1.673,499 S 2.430,454 S 756.956 S 98.798 $..281419 S 1821687 ,
76 '
' CRY OF RANCHO CUCRMOHOA
Combining Statement of Revenues.Fi tierldiaires and Charges in Fund Balances
Budget and Actual(Budgetary Basis)
All Special Rmemre Funds
Year Ended Jure 30,1998
' Recrestion Services Park Development Variance Variance
Favorable! Favorable/
Budget 65M (llMawranle) ACtUld (Untawreble)
Revenues:
Tares $ $ S S S $
Fines and forfeits -
Use of money and Properly - 1.088 1,088 10,000 73,935 63,935
Intergovernmental - -
Charges for services 1,336,080 1,09,063 (327,017) 140 140
Development lees 500,000 995,116 495,116
Mae 70,000 45,709 (24,291)
' Total revenues 1,406,080 1,055,860 (350.220) 510,000 1,09,191 559,191
Emandilues:
Current:
General gwemment - - - - - -
1 Engine softly id folic won - - - -
Engineering end Public vwrle
Community development em
Cammunityaervicea 1,416,950 1,118.606 298.346 27,005 29,708 (2,704)
Capital oWey 4,420 12,019 (7,599) 1,379,360 756,211 623,149
' Debt eenvicI
1 - - - - -
.barreal e 23,425 23,425
mend furcal othangea
TOW mgengfiures 1,421,370 1,130.@5 290,745 1,429,790 809,345 620,445
' Etxos ot revenues over
(under)expenditures (15,290) (74,765) (59,475) (919.7907 259,846 1.179,636
Other foencing sources(uses):
Operating transfers in _ - - 4118 4
.8011,808
Operatingaandas out (374,338) (374.338)
Giller
Total other financing sources
(uses) 37.470 37,470
Excess of revenues and other
fhumcing sources over(under)
erpendilurea and Wer
' financing uses,(Budgetary Basis) (15,290) (74,76) (9,475) (919,790) 297,316 1,217,106
Adjustments:
To adjust for encumbrances 211,153 211,153
' Elnxes of revenues and ober
financing sources aver(under)
erperdtures and other
financing uses(GAAP Basic) S 5,280 4,78S5 ,475 99,790) .5013469
$ 1<2859
��
' Fund balances,beginning $ 353,515 $ 353,515 $ - $ 796,94 $ 796,94 $ -
Restatenems (97) (697) (3,96) (3,94) -
' Fund 6a.,beginning,as rMeted 352,818 352,818 - 792,900 792,900
Einess of revenues end other
firm.hcingsauces over(under)
mpeendaures and other
Imen ing uses(GAAP Basis) (15,29(0 (74,76) (9,475) (919,790) 508,49 1,428,29
Fund Dalerhres,ending $ 337,528 S 278.053 $ (58,475) S (126,90) $ 11301,369 $ 1,428,29
77
CITY OF RANCHO CUCAMONU ,
Combining Slatemnd of Revenues,Ersenditures and Onangs in Fund Balances
Budget and Actual(Budgetary Bess)
All Special Revenue Funds
Year Ended June 30,1998
BeautiAaatian- Untiting Districts
V� chance
FavonabW Favorable/
@St9&€S 99ba t5lDf l Budget E9ha! 1 ) '
Revslrurea:
Tassel $ S $ S 1,042,090 $ 1,080,590 $ 38.500
Fms and forrefts
Use of troey and property 2.000 2.686 686 29,370 86,000 36.630
Interomemmmdal - - '
Charges for aerNces _ _ _
Devokp ant tees 25QO0D 281,089 31,089 12.100 21,491 9,391
Other
Total revenues 252.00D 283.775 31.775 1.083,560 1,168.081 _ 84,521 '
Evemilitures:
Crment:
General Uovelrarue0t - - - 1,132,410 1,094,34.9 34OS1
Public selety-toe Watection _ - - - _
Engineering and public worms 115,030 88,586 26.444 - _
Copasl outlay 558,601 505.041 53.560
Debt acnes: '
Prfrrgpal _ _ - _
Itdareal are tlsm cbar0es _
Total aspardl rm 873.631 SA627 60.004 1,132,410 1.094.349 38.061
Encs d revemss oter '
(uree0 exparld8raes (421.631) (30a.m 111.779 (48.85M 73.732 122.582
Ot erfinncing saurus(uses):
Operating invaders in - 328.500 328.500 _
OperaSro basins out _ _ _
Ctier
Total ober financing saurcec
toss) 328.500 328.500 '
Eases of reharuas and otner
1110i soeoesover(under)
emu III m and other
Bharlce0 uses(Bu4gemry Basis) (421.631) 18,648 440,279 (48,850) 73,732 122.562 '
Adjustments:
To adjust for erromubrarcs 211.037 211,037 24,634 24,634
Fxass
of revemss end veer
fuetcirp sources over(under) '
expenditures;and other
5narwing uses(GAAP Base) L_d2Il"63.IL L_421"63.1S. 5316. s (48,850) S 98.365 S 147,216
Fund balances,beginning S 394,352 S 394,352 s - $ 1,264,801 $ 1,264,801 S ,
Realalements (1.720) (1.720) (2,768) 12.788)
Fund balances.begimW.as na;taled 392,632 392.632 - 1.262.013 1,262.013 -
Excess of rewruss are other '
fh mich0 sources;aver(under)
a4terM8ures
and other
*mncmg uses(GAAP Basis) (421.631) 229.685 651,316 (48.850) 98,365 147,216 '
Fund wKft S 28,998) S 622,317 S 651316 SS 1� Sym S 147,216
7B ,
1
CITY OF RANCHO CUCAMONGA
Combining Statement Of Revenues.Emendsures and Changes in Fund Balances
Budget and Actual(Budgetary Basis)
All Special Revenue Funds
Year Ended Jure 30,1996
' Landscape Maintenance Districts Svetems D"cament
Variance Venance
Fawrabld Favorable/
Budget Aerial (Unfavorable) Budget Actual (Umavorabe)
Revenues:
Taps $ 4,967,310 $ 5,118,318 $ 151,008 S $ $
Fires and forfeits - - - - -
Use of money and property 180.980 419,569 238.589 20.000 11.504 (8.498)
Charges
amsen% - - - -
Otaryesfor eenvicea - -
Development feet 808.000 1,537,699 729.699
Other 76.000 31,981 (44,019) 21,517 21.517
' Total revenues 5,224,290 5,569.888 345,578 828,000 1,570,720 742,720
Expenditures:
Current:
General government - - - 770.260 768.106 2,154
' Pudic assay-fire protection - - - - -
Engineering vada -and public va
Community daecpmard 5,899,687 4.852.357 1.047,330
Community services, - - -
CapitalaWpy 802,352 267,037 535,315 699,352 515,398 93,954
'
Debt service:
P - - - - - -
rindpel
Imes srd fiacel charges,
Trial emenddwa 8.702.069 5,119,394 1.582.645 1,379,612 1.283,504 96,108
' Etaxas of nevemnes over
(under)aCerddurea (1.477,749) 450,474 1,928.223 (551,612) 287,216 838,828
oder financing eremes(uses):
Operating transfers _ - - - - -
Gpenedre tranaf0n8 out
oder
Total other financing sources
uses)
Excess of mvonunes and War
fmanc ng eources over(under) _
eigerdauaes and Wer
'
Adlfinanciuses(&dpeMry Basis) (1,477,749) 450,474 1,928,223 (551,612) 287,216 838,828
Toadjust
ng
To edluet for enwmtserces 181,308 181.308 280.181 290.161
Excess of revenues and oder
financing aources over(under)
agens ilurea and War
financing uses(GAAP Basie) 511,477,749) $ 631,782 $ 2,109,531 E 1612 $ 577,377 $ 1,128,989
' Fund balences,beginning $ 7,335,858 $ 7,335,858 $ - S 3,028,213 S 3,028,213 $ -
Restiemenls (16.247) (16,247) (7,367) (7.387)
Fund Menaes,beginning,as neslffied 7,319,611 7,319,611 - 3,020,846 3,020,848 -
Emeea of ravermres and War
financing sources over(under)
eigaMdures and other
' financing uses(GAAP Basis) (1,477,749) 531,782 2,109,531 (551,612) 577.377 1.128,989
Furl balances,ending $$ Sym $ 7 �95739i $ 2.108,531 ,4 .23 $
� y223 $ 1� 1� 28989
CITY OF RANCHO CUCASONGA '
Combining Statement of Revenues,Exmeridaures and Changes in Fund Balances
Budge)and Actual(Budgetery Basis)
AO Speofal Revenue Funds
Year Ended June 30,1998
Drainage Facilities Pedestrian Grants ,
Variance Vadarce
Favorable! Favorable/
Revenues: Eased ACWW (Unfavorable) Budget A" (I.Infavocable) '
Tis S - $ - S - $ - $ - S
Fines and forfeds
Use of marry and property 1,500 9,032 7,532 100 407 307
lrftMm nment l - 4,000 - (4,000) '
Chopp for services _ _ _
Developnranttees 195,000 356,309 161,309
Oliver
Total raeriues 198.500 365.341 168,841 4.100 407 (3,693) '
Etmerditraes:
Current
Gerimal govern um _ _ _
Public adety-fire protection _ - _
Eng'veerag and pAft waft 179,760 153,308 26,452
Cpmmundy services _ _ - - _ _
Capdal OWW 181,000 150,340 30,660 8,000 - 8,000
Debt service: ,
Pririapal _ _ _
Irgeraat and facal otmr9se _
Total 380760 303.848 57.112 8.000 8.000
Exmp of revenues veer '
(under) rrdaures (164.280) 81.693 225,953 (3,800) 407 4,307
Other firmm>g aources(trams):
Operating barmfas in - - _ - -
Operatlnig bermmra out
Other
Total athen flnwmg sources
(times)
Exxaess of reversals and otM '
Bnanckv sources over(render)
aCerdWres and other
fsmrctrg trap(Budgetary Berra) (164,260) 61,693 225,853 (3.990) 407 4.307 ,
Adira4renbi:
To adlus(for encumbrances 1.740 1.740
Emess of revenrms and other
firmrcag sources over(under) '
errperddraes and ofi er
Brmncbg imp(GAAP Basis) S (164.280) S 227.693 S (3.900) S 407 S 4,307
Fund balances,beglnntrg S 744,987 S 744,987 $ - S 7,282 S 7,282 S ,
ResheerrmriR (1.753) (1.753) (14) (14)
Fund balanoes,beginrmg,as restamtl 743,234 743.234 - 7,268 7.268 -
Excess of m`enues and other '
11nanci g puroes over(under)
expenditures and other
financing uses(GAAP Bemis) (164.260) 63.433 227,693 (3,900) 407 4.307 '
Fund belarices,endag S 578.974 SSW 667 $ 227.693 $ 3361 $..767.5 $ 4,307
' Cr Y OF RANCHO CUCAMONGA
Combining Statement of Revenues,Expenditures and Changes in Fund Balances
Budget and Actual(Budgetary Banc)
All Speoial Revenue Funds
Year Ended June 30,1998
' Federal Aid Urban Community Develomnent Block Grant
Variance Variance
FavombW Favorable/
r$� AChW (Unfavorable) Rubles{ fly@! 11rft�orqblel
Revenues:
Taxes S $ $ $ $ $
Firers and forfeitsUse - 581 Set
Interg maxey andmental property 175,000 1,120 (173,880) 1,763,170 1,332,325 (450,845)
Clxar0es for services
Dewelownent fees
Oder
' Total revenues 175,000 1.701 (173,299) 1.783,170 1,332.325 (450,845)
Espendihrres:
Currant:
General goemment - - - - - -
' Public safety-fire probemm - - -
Engineering and put tic wanks
Community daveloprnera - - - 135.490 129.964 5.526
Community servces - - -
Capital outlay - - - 1,852,166 1,418,686 235,480
' Debt service: - - - - - -
PriMlpel
Into and feral chmges
Tafel amendaures _ 1.787,656 1.646,650 241,006
' Eaess of revenues over
(under)expenditures 175,000 1.701 (173.299) (4,486) (214,325) (209.839)
Oliver financing saunas(uses):
' Operating transfers in _Operating transfer out
Oliver
Total other finencmg sources
(uses)
Excess of revonues and other
financM sources over(under)
a�endaures and offer
' ancing uses Mudgetary,Bass) 175,000 1,701 (173,299) (4,486) (214,325) (209,839)
financing
Adjustmems:
To adjust for encundaances 169.638 169.638
' Excess of revenues and oder
fired ng sources aver(under)
expenditures and other
financing uses(GAAP Saes) E 175,000 S 1,701 S44,687 72 4 1 S (ao,2011
Fund balk beginning S 234,744 S 234,744 S - S - $ - S
Resixternents (871) (371) 44.687 44,687
Fund balances,begvmirg,as remitted 234,373 234,373 - 44,687 44,687 -
Exceas of revenues and cOxer
finandng sources over(under)
m pendauras and omen
' firrandrg yeas(GAAP goes) 175.000 1.701 (173.299) (4,486) (44,887) (40,201)
Fund balances,ending $ 409.373 S 238,074 S (173,2991 S $ (40.201)
' 81
CITY OF RAMCRO CUCAMOMIM '
Comdnirg St#mem of Revemnses,E)peridbm and Changes m Fund Balances
Budget and Actual(Budgetary Basis)
All Spetlel Revenue Funds
Year Ended June 30,1998
Assessment Administration San Smine/Ebwanda Drainage ,
VariallCe vedance
Favorable/ Favomblef
AM IIli& ll @1(99S! Atha! B! ] '
Revenues:
Tees $ - $ - $ - S _ S S _
Fires and fskte _ _ _ _ _ _
Use of money and property 21,400 28,179 6,779 - 3,096 3,096
ImKgm mrtlatnl
Charges for sorvices _ _ _ _ _
Development fan 434,310 435,692 1,382 116,544 116,544
Oliver -
Talo revenues 455.710 463.871 8.161 119.640 119.640 '
Fes:
Current:
Gon"goverrmed 442,441 431,651 10,790
Public softly_fire po(epyprr _ _ _
Emypreeeg and pu bHo eels
Cammw*davalopnwd
Commumay services _ _ _
Capital outlay 27,859 27,647 212
Debt scipal
PrincipalPrincipal ,
P _ _ _
Intnest OWN design _ _
Tclel Opind8rres 470.300 459.298 11,002
Emma d revarrreaover - - - '
(LUX" theme (14,590) 4.573 19.163 119.640 119,640
OBcr 8nerchrg soww fuse):
Operating tna nfm in _ - _ _ _ _
OperaSrg barnfes out
cow
Totalotter5re1m sources
(uses) -
Exom of revenues and over '
rdmch sources over(rawer)
etgadmm end over
Demon ruea(Budgalmy Basis) (14,590) 4,573 19,163 - 119,640 119,640 ,
Adjustments:
To adjust forencumbrances 188 188
Emess
of revenues and other
8nancOV sourrn over
empendtuaes and over
8nerudng seas(GAAP Bew) S (14.590) $ 19,351 S SS 1 S 119,640
d.Fund balances,beginru g S 353,068 S 353,068 $ - S 874,272 S 874,272 $ '
Resfatennrents (729) (729) (1,983) (1.983)
Fund bdences,beginrrag,m restehd 352,339 352,339 - 872,259 872,259 -
Emw of revenues end other '
ft cog sources over(under)
ermerwihim and other
fa ng uses(GAAP Basis) (14,590) 4,761 19.351 - 119.640 119.640 '
Fund balances,arWeg S 33j7 749Ste+ $ 19,351 S 872.289 S 981,929 S 119,640
' Cm OF RANCHO CUCAMONOA
CombumV Statement or Revenues,Expendaums and Changes in Fund Balances
Budget and Actual(Bucgetary Basis)
All Special Revenue Funds
Year Ended June 30,1998
' SB 140 Air Quality Improernent
Variance Variance
Favorable! Favorable/
Budget Poral (lhrfawrebel Actual (Unfavgablel
Revenues:
Texas S $ $ $ S $
Fires and fodeas - -
- 2 gOp 3,288 1,288
tlaeorrnoneyaral property20,090 14,973 (5,117) 112.000 126,065 14,065
Charges for aervicea
Development fees
ODW 228 228
Total revenues 20,090 15,201 (4,689) 114,000 129.353 15,353
Experiditures:
Curtest 188,150 165,523 71,627
General geernrrrmt - - -
Public safety-fire protection -
Engi Bering and public works
Community de•ekopnent
Communyy servicer
capital Ducey 20,091 6,120 13,971 3,650 3,525 125
Debt bDebt rl*w: _ - - - - -
I ores el
Irrereat and fiscal damages
T�elOmplbres 20,091 6.120 13.971 191.800 169.048 22.752
' Ewes or revenues ovm
(ueer)emerrdilures (1) 9.081 9,082 (77.800) (39.695) 38,105
Other financing sources(uses):
' Opembngtransfers in _ 25,730 25,730
reti - - - .
Opengbmadsm out
ORW
Tafel ether financing sources
25.730 25,730
(ryas) - -
Excess of revenues and Wer
fmancaV sources ower(under)
mwerndsres mrd aver
' finmcvnguses(BWgelary Baeiat (1) 34.811 34.812 (77,600) (39,695) 38,105
Adjustments:
To adjust for encumbrances
' Exaess of rawnr es and otter
financing saunas veer lurgerl
e>menditures and Wer
finmeug uvea(GAAP Besla) s (t) $ 3x,811 E 34,812 s m.eo9) s (39,6951 $ 38�105
Fund balances,beginning $ - S - $ - $ 144,600 s 144,600 $ -
Restalmtrmts 8,0701 2.0701 (154) (154)
Fund basrces,beginning,es reatatetl (2.070) (2,070) - 144,446 144,448 -
Excess of manes and ober
f ria chg sources ser(under)
eipenddures and Wer
4nancM uses(GAAP Bess) (1) 34.811 34,812 (/7,8001 (39,695) 38.105
Fund balances,ending S 8.0711 s 32,7411 S 66,646 s 104,751 S 38,105
831
i
CTV OF RANCHO CUCAMONCLA '
Combining Statement of Revenues,Egierddunes and Changes m Fund Balances
Budget and Actual(Budgetary Basis)
All Special Revenue Funds
Year Ended June 30,1998
South Etmands Dmiraue Masi Commerce Cerra ,
Valance Variance
Favorable! Favorable/
BUdoe1 Actual abdatvrabk) BS)9gS! ACtuai llhdawrebbl '
Revemas:
Teas S - $ - S - $ - E - $ -
Fines and forfdb _
Use of money and Preperty - 37 37 - 3 3
IMagwammental
Charges for sevocs _
Devolopn wt fees _ _ _ 3,500 - (3.500)
cow
Total reverrus 37 37 3.500 3 (3,497) '
Expenditures:
CSorod:
Germal9ommment _ _ _ 3,500 2,823 877
Public safety_are p _ _ _ _ _ '
Engineering and public ecdo _
Community savicea _ _
CaPnal oullev _ _
Debt service: '
Pdnapel _ _
IrdaeR and finial Charges _ _
Tom erOerrdbas 3,500 2.823 877
Excess of nmerrues ser '
(under)aOendivas 37 37 (2,620) (2,620)
GUar fi m"g source(uvea):
OPerab b balm in - - - - -
DperemngtrunAersout -
ouw _
TOW mw Nancma sources .
Excess of minus and mar
armrmv sources ova(under)
empendihos and mar
Maneing ws(&dgetery Baso) - 37 37 - (2,820) (2,820) '
AdjusT vents:
To adjust for errrarmbreroea
Excess of raenues and mar
fuwmv sources over(under) '
mmerdMds and mar
fine mV uas(GAAP Baso) S S 37 $ 37 SS (2,820) S (2.820)
Fund balances.beginning $ 11,423 S 11,423 S - $ 3,501 S 3,501 S
Restatimna 123) 1231 (2) f2)
Fund balances,beginning,s rswe0 11,400 11,400 - 3,499 3,499 '
Eacess d nevose and mw
Nancifg sources o`er(undo)
expenditures and mw
financing uses(GAAP Baso) - 37 37 - (2,620) (2,620) ,
Fund bawrces,ending $ 11,400 S 11,437 S 37 $....3j499S 879 S (2,620)
84 '
CITY OF RANCHO CUCAMONGA
Combining Stetmiera of Revenues.Expendihrrea and Changes in Fund Balarcea
Budget and Actual(Budgetary Basis)
All Spacial Revenue Funds
Year Ended June 30,1998
measure I Library Services
Vanaxe Varrence
Favorable/ Favorable/
Budget Actual Rhrtavomblel Budget Actual (UnIllrvorablel
Revenues:
orres
T $ $ $ $ 895,230 $ 860,523 S (34,707)
Firrmi
nd
lefts
Use
eof money
10,000 74,521 64,521 - 8,441 9,441
Use d money std property
amnl
po eerno 2.025.000 4.952.540 2.927.540 - - -
CMrgeafor aenvices 385 385 22 195,1
195,122
Development fees
Ogren 228 228 - 169.616 169,616
Total neietnntn 2,035,613 5,027,674 2,992,061 895,230 1,234,702 339,472
Expendaures:
Current:
General government - - - - -
' Public astaly-fire projection -
Ergmeenrg and public;waft - - - -
Community,develcipinard
Community aernces - - -
1,195,200 1,145,235 49,965
Cepaaloutlay 374.400 320,398 54.002 - - -
Debt acipal
principal - - 10D.000 100,000 -
Interest andfiscal ctrmgn
Total expenditures 374,400 320,398 54,002 1,295200 1,245,235 49,965
' Excess of revenues over
(under)axpetditures 1,661,213 4,707,276 3,046,063 (399,970) (10,533) 389,437
Other Nx1rictrig couroes(uses):
OPeratarg uensim in _ - - 100,000 100,000 -
Operaerg handers o 30) (25,730)
out (25.7
Other
Total other finenctrg aoumes
' (Lees) (25.730) (25.7301 100.000 100,000 -
Excess of tvvenues and other
anandng aoumes wen(antler)
oCeMdraes and cther
financing Lees(Butlgstary Baas) 1,635,483 4,681,546 3,046,063 (299,970) 89,467 389,437
AtllusbneMs:
To adjust for erxxnnbreruces 77,876 77.876 900 900
' Exoeas of revenues and other
firuncing sourcee wen(antler)
axpeMsures and o8rer
finmcing usee(GAAP Bade) $ 1,635,483 S 4,759,422 S 3,123,939 S (299,970) S 90.367 $ 390,337
' Fund bdances,beginning $ (828,797) $ (828,797) S - S 401,275 $ 401,275 $ -
Re (8,328) (8,328) (320) (320)
Fund basnces,begelnsg,as restated (637,125) (637.125) - 400,955 40D,955 -
Excess of revenues and obw
financing sources over(under)
expenditures and other
' financing tares(GAAP Basta) 1,635,483 4,759,422 3,123,939 (299,970) 90,367 390,337
Furl balances,ending S 898,358 e 5 3 $ 9012 � 337
CITY of RANC140 CUCAMONGA '
Combining Statement of Rmenuea,Edures and Changes in Fund BaladceB
Budget and Actual(Budgetary Basial
All Spacial Revenue Funds
Year Ended June 30,1996
Metrolink California Literacy Campaign '
Ventures! Vartarrce
Ferombler Favorable/
Budget AffilP) 6 Qk) Budget Actual (5 ) ,
Renee es:
Teas $ - S - S - $ - $ _ $ _
Foes and forfeits
Ilse of moray and property 150 1,051 901 - 22 22
IrRppownarerdal - - 96.970 90,669 (6,101) '
Charges far servim _ _ _ _ _ _
Oevdopmerdfm
Other
Total retinues 150 1,051 901 96,970 90.891 (6,079) '
Elga aware:
Cranad:
Gerferel gmwrwnerd _ _ _ _ _ _
Public setaty-are protection _ _ _
Engineering and public wales - 215 (215)
CanarsmaY development
Community services - - - 93,940 93,151 769
Capital outlay - _ 2,900 - 2,900
Debt service:
Prerdpal
In east end fecal dwges
Total ermerdaraes 215 215) 96,840 93,151 3.689
Freese d rwernea as '
(under)efgerrdauaes 150 836 686 130 2,260) (2.390)
Oow tmaremg soraoea(uses):
Operating transfers in - - _ - _
Operating bai rotes out
Other
Total mer financing sources
(uses) -
E1cess of ramarues and otter '
ftrw=V sourm ovor(ander)
aipendauree and mar
flimich uses(Budgetery Basial) 150 836 686 130 (2.260) (2.390) '
AdjuMnenh:
To adjust for awmbarme 2,651 2,651
Ermess of revonm and mer
firwanrg sources over
expenditives and other
Nenrcarg usew(GAAP So is) S 150 $ 836 $ 886 $ 130 $ 591 $ 461
FurdbaWwes,beginninti $ 32,740 S 32,740 $ - $ - $ It - '
Restaienme (m) (66) (14) (14)
Furl beladoes,begmMrg,se restated 32,674 32,674 _ (14) (14)
Esteems of revenues and other '
firwrdfg scram ovor(udder)
m I flues and Omer
finanowg uses(GAAP Basis) 150 836 666 130 591 461 '
Fund balances,ending X84 S 33,51 $$ 686 $ 116 $ 577 S 461
86 '
CRY OF RANCHO CUCAMONGA
Cmdansg Sletemem of Revenues.EMenailures aria alanges in Fund Bosons
Budget and Actual(Budgetary Bass)
All Special Rmerrue Funds
Year Ended June 30,1998
Malor Haan Resource Ubmry Grant Liao Oil Recvoting Grard
vanance Variance
Favombk/ Favorable/
Beset ASI (Unlawrabe) Budget �I (SA)
Revemars:
Taxes, S S S S E E
Fines and forsis - - - -Use of rnonel'and property - 25 25 - - -
' Intergoverninima1 13,000 14,003 1,003 41,700 30,871 (10,829)
Charges for services
I7aveloprient Asea
Otter
' Total revenues 13,000 14,028 1,028 41,700 30,871 (10,829)
FVenditures:
Cunent:
General gmemnerd - - - .
Public
affi*
protecti
' Engin ening Bre public
- - - - -
Err9irreerirg atrtl pudb cors 36,110 30,871 5,238
CarnmrmM development
CWmmundy services 14,318 14,003 315 - -
Capital mdsy - - -
Debt�
Principal
Interest aria fiscal Merges
TotalItures 14,318 14,003 315 36,110 30,871 5.239
1dmenuesme
(under)eperdsures (1.318) 25 1,343 5.590 (5,590)
Other firmrxing sources
Operating barmfms in - - - - -
operating trarreMs out
Other
Total artier fnsiong sources
(uses)
L.--
Excess or revenwes and ober
financing sources over(unde0
ermerrdilraes and other
' financing uses(&rdgefary Bass) (1,318) 25 1,343 5,590 - (5.590)
Atllusbnenls:
To adjust for encumbrances
Fimess of revenues and other
&mrrarg sources over(under)
e�errddures and Wier
finacing uses;(GAAP Bass) $ (1,318) 2 25 E 1,343 S 5,590 E $ (5,590)
Fund basrces,beginning S - S - $ - $ - $ - $ -
Resmtmerils (16) (16) -
Fund Decrees,heginming,es restated (16) (16) - - -
Excess of reverses and other
financing sources over(under)
eperddures and other
financing uses(GAAP Bass) (1,318) 25 1,343 5,590 (5,590)
Furl tesrma,errdarB S (1,334) 1 9 A�1343 �y S $ (51590)
Crfr OF RANCHO CUCAMONGA '
Combining Stffiment at Revenuea.EXI)erlditureS arta Changes in Fun Balances
&rdget an Actual Mudguteny,Beefs)
All Special Revenue Funs
Year Ended June 30,1998
1996 Local Lew Entattment Block Grant 1997 Local Law Entreatment Block Grant
Vamnce Variance
Favorable/ Favorable/
Reoemres: Budn€S Actual ) Budget Ackm( (Unfavorable)
Torres
Fines an krfaftUse of money an property - 48 48 _ _ -
InWgoommenfal 81,240 73,087 (8,153) 85,110 85,107 -(3) '
Charges for tclvices _ _ _
Deeto mora hes
CXhw
Total revenues 81,240 73.135 (8,105) 85.110 85.107 O) '
Eopenclihnes:
Cumerrt:
General goemment
Public safety-Ilre proledpn
E%ffmmrg an pubic waft
CommraulydeelopmeM
Community services 21,650 17,908 3,742 85,110 85,107 3
Capital outisy, 63,162 62,409 753 _ _ _
Debt service: ,
Interest and fiscal charges
Tafel oveni roes 84.812 80.317 4.485 85,110 85.107 3
Etmes of revenues per
(urnde0 mOerldturas (3,5721 (7,182) (3,610) -
Otlner emncing sources(eves):
Operating banshee in -
Operaft bamfare out
Omar
Total other financing sources
Elceas of revenues an other
fnarimig sources over(unaar)
n;:, it res an ether
financing uses Mudgelary,Basis) (3.572) (7,182) (3,610)
Adjustments:
To adjust for encumbrances 7.229 7.229
Excess of revenues an otter '
8nencvg sources per(under)
eMientures an other
financing eves(GAAP Bevis) A..2,5721 S 479 $ $ S
Fun balances,begamarg $ - S - $ - $ $ $ ,
Rectetemenls f31) (31)
Fun halerices,begmnag,as reYalso (31) (31)
Emess of neverrues an atlner
financing sourness over(under)
eMendtures an ether
financing uses(GAAP Basis) (3,572) 47 3.819 '
Fund balances,ending $ (3,603) $ 16 S 3,818 S $ - $
B8 ,
CITY OF RANCHO CUCAMON"
Combining Steiermark of Revenues,ExPendilures and Charges in Fund Balances
Budget ane Actual(Budgeary Basis)
AO Special Revenue Fantle
Year Ended June 30,1998
COPS Program Gard COPS Universal Grant
Variants! COPS
Favorabld Favorable/
Budget Actual Budget fUnfayoratolel
Revenues:
Texas $ $ $ $ $ S
Fines and forfeitsUse of money and property - 25,069 25,069
Intergoveminental 221,940 268,878 44,938 150,000 150,000 -
Chargee for aervcas
Darecpnrmt fees
Other
Total revenues 221,940 291.947 70.007 150.000 150,000
Expenditures:
Current
General government _ _
Public safety-fire pi otectai
_ - -
Erganeerag and pub8c wort
omunity staroces 221,940 221.940 - 150,000 150,000 -
Capital outlay _
Debi service: _ _
Principal
Interest and fiscal charges _
Toldmvendibaes 221.940 221.940 150,000 150.000
F-xcess er revoes war
(order)latices 70,007 70.007
Otherfoanemg wuttee(uses):
' Opading tmrufers in
Opendi g baafas auk
Other
Tafel other financing sources
' (Imes)
Fixes;of reveries and other
fiancirg sources over(under)
mpeMdwes and other
' financing uses Mudgetary,Basis) 70,01)7 70.007
Adjustments
To adjust for encumbrances
Excess d revenues and otiner
financing sources ser(under)
expentlilures and diner
flrrnc'ag uses(GAAP Baia) S � 7 $..71),007 E S E
Fund betimes,beginning $ 285,428 E 285,428 E - S S E
Restatements (707) (707)
Fund balances,begea rg,as resWed 284,721 284,721
Excess d rwenues and other
rusawn sources over(urrtler)
expenditures and other
financing uses(GAAP Basic) - 70,007 70.007
' Fund balances,ending S 284,721 S 354.728 X0007 S S E
CITY OF RANCHO CUCAMONGA '
Condoning Statement of Revenues,Expenditures;and Changes in Fund Bstanms
Budget and Actual(Budgetary Basis)
All Special Revenue Funds
Year Ended June 30,1998
COPS More Grand Adult Education Act Gran
Yasnce Vacence
Favorablef Fewrablel
Re%errues:
Tees $ - $ - S - $ _ $ _ $ _
Fume and blob _ -
Use drnow"and property _
79,540 79,530 (10) 3,500 3,498 (2) ,
Dewelopmmd has
Other
Total renames 79,540 79,530 (10) 3,500 3.498 (2)
FJmmdiaes:
Currmd:
Gwmalgore mwo -
Puyb a My_rye
Ergmo mg and pubtle amb
CWMVA*dewlopmen _ _ _ _ _ -
Comrmunityeervice00 3,498 2,002
Caglal odoy _ _ _ _ _
Debt a o
Praaapaltpat
- - - -
InIm and(neatrI gs -
Tow Sticaraffiuns 79540 79,530 10 5.500 3,498 2.002
Excess of rsmsrec over '
(uns0 e>merdiwrs - (2,000) 2.000
CttaerMmwlro sauces(ss):
Operalingbowshn in
Opvsrgbansdms
COW
Total atlrmbmncig somas
(uses) ,
Eawese or mRnus and aver
bmnabg sources over(under)
e>mergOms and aver
ftwm g use(Budgetary Beau) - - - (2,000) - 2.000 ,
Adjustments:
To adjust for mnaambraros
Emss of rawnms and aver '
8n joich aources over(under)
elgardlturte and aver
WWMV use(GAAP B—) S $ $ S (2,000) $ S 2,000
Fund balmrme,begi nag S - $ - $ - $ - $ $ '
Rem
Furl balanus,begoming,as restated
Excess of revenue and aver '
romance sources over(under)
e I dures and aver
Merwog uses(GAAP Baso) (2.000) 2.000 ,
Furl baoncs,-ding $ $ S S (2.000) S 4 2.000
90 '
i
CRY OF RANCHO CUCAMONGA
Cornbirag ShIIeruent of Revenues,Expenditures and Charges in Furl Balances
Budget and Actual(Budgetary Baso)
AD Special Revenue Funds
Year Ended June 30,1998
Grandparents With Body Grant Caliromia State Literacy Foundation Gam
Vanenxa Vanerne
Favorable/ FavonblH
1 6" � (Unfavorable)
Reemres:
Tmorc S $ $ $ S S
Finer and forfeits - 1 1 _ 12 12
Use of money and properly
Ill 2.500 2,234 (266) 9,600 8,727 (873)
Charges for services
Oavelopument fees
Oder
Total revenues 2.500 2,235 (265) 9.600 8,739 (861)
Expenditures:
Current:
General gmwrff*M _ _
Public on" tie protection
Engineering and pudic nab
CammnmBy dneWpmert
Community services 2,50D 2,234 266 9,600 8,727 873
Capital Oullay, _ _ _ _ _ -
r Debt cervice: - _ -
Pdrxrmal
Int and formal chargee
Z.—
Total saes 2.500 2,234 266 9,600 8.727 873
' Exmss of revenues ower
(under)arperdgmp 1 1 12 12
Omar firansvrp sources loess):
Operating banalities in
Operating barmart _s a
Oda
Total adw firmndrg sauces
(uses)
Fxess of revenues and Wa
financing sources war(under)
expendarues aid o0er
financing uses(Budgetary Basks) - 1 1 - 12 12
Adlustinente:
To adjust for encumbrances -
Emess of revenues and other
financing sources war(Linda)
mnperd8rpes and Wer
finarcirg uses(GAAP Buis) $ E 1 S 1 S S 12 $ 12
Fund balances,beginning $ S - S - S - $ - $
Regetenems (1) (1) (8) (8)
Fund ,beginning.es neskated (1) (1) - (8) (8) -
Exoesa of revenues and Wer
financing sources ower(under)
ex<enddures and Wer
' finenang Lisp Basis) 1 1 - 12 12
Fund balances,ending $ fl) S S 1 S (8) S 4 $ 12
CRY OF RANCHO CUCAMONGA '
Cornamu rp Statement of Revenues.Evenddures and Charges m Fund Balances
&+d0at and Actual(&gpetary Rads)
All Sperisi Revenue Funds
- Year Baled June 30,1998
Senior Outreach Grant Teen After School Grant '
Variance Variance
Favorable/ Favorable/
Bstloet fel Budget (Unfavorable) ,
Revenues:
Taxes S - S - $ - S _ S _ S _
Facts and torfails _
Use of money and property -
Inaligoermerdal 3.000 - 60 (2.940) 30.000 30.000
amoves for aerv- i _ _ _ _ _
Davewpmnd tees
Ower
Tafel revenuac 3.000 61 (2,838) 30.000 30.000 ,
Expenditures:
Current:
GOMM government _ _ _ _
Raid safety•Bre
Fvsreerug end public barb
Community dvweWpvwlt - -
Community services 3,000 - 3,000 20,214 29,810 (91596)
Capital outlay - - - 10,460 - 10,460
DeM service:
PMIDI si
IlRere: and fiscal chm0es -
Total epandflures 3.000 3.000 30,674 28.810 864
Excess
(urner revenues ova '
r)e)Penddures 61 81 (674) 190 $64
Owner8nanci. sources(uses):
Operating ba shm in _ _ _ _ _
Operetug bamlers out _
Ower
Total ower fnareog sources
(uses)
Eaens of revenues and ower
amrrolrg sources iter Goner)
expanibees and alter
Branch uses(BudgetaryBasis) - 61 61 (674) 190 864 ,
Adpe6rentc:
To adjust for ercwnhanoes
Excess of revenues and ower
foereag sources over(under)
a pendaures and ower
lWanch p uses(GAAP Basis) $ $ 61 S 61 S 1674) S 190 S 864
Fund balances,beginning $ S - $ - $ - $ - S -
Restaternam-ft
Fund belarwxa,begbveng,as
Excess of revenues and allw '
Bmrdirg sources over(under)
e>melndulaS and COW
fverohg uses(GAAP Basis) - 61 61 (674) 190 660 '
Fund OOWrcea.entlag S (1) $ 60 S 61 S (6'741 $ 190 5 864
' CITY OF RANCHO CUCAMONGA
Combining Sti lancet of Revenues.Expenditures and Cleaves in Fund Balances
Budget and Artual(Budgetary Basis)
All Special Revenue Funds
Year Ended June 30,1998
Fre District VaTotals
rence Variance,
Favorable] Favorable/
' Budoet Actual (Unfi) ) Budget ACtual1U 1
Revenues:
Tsees S 8,201,090 $ 8,251,849 $ 50,759 S 15,105,720 $15,311,280 S 205,560
Fines and todeie 2,000 1,806 (194) 2,000 1,806 (194)
Use of money and properly 405,220 408,821 3,601 712,720 1,302,712 589,992
Intergovernmental 146,060 143,283 (2.777) 7,133,420 9,539,407 2,405,987
Charges for serv7ces 114,260 117,314 3,054 1,450,725 1,322,024 (128,701)
Demmlopmerd fees 2.202.910 3,743,940 1,541,030
Other 247.240 242.817 (4,423) 393,468 512.096 118.628
Total revenues 9.115,870 9,165,89D 50,020 27,000,963 31,733,289 4,732,302
Expenditures:
current:
General amerenent - - - 2,53.761 2,462,252 74,509
45 9.490.941 299.
Public safety-fire Vale-" 9,79D,3400 9.790,345 9,490,941 298.404
EAOoeseln0 send Public wale 2,499,176 2,644,411 (145,235)
Commpp8y,drelogreent 6.05,177 4,962,321 1,052,856
Commundy,services - - - 3.346.467 2,999,458 347.009
Capital outlay - - - 6,631,193 4,520,349 2,110,844
Debt a principal
principal 33,350 25,000 8.350 201,752 193.402 .350
Interest and fuser denpes 75.630 61,852 (6.222) 103.723 109.445 (6,222)
Toe]aOerrdGu>en 9.699.325 9,597.793 301.532 31.144.094 27.402,579 3.741.515
FJxemm of r4.enues over
(under)emerdiluroa (783.455) (431,903) 351,552 (4,10.3,131) 4.330.886 8,173,817
OdwflnancbV couross(uses):
Opeaeq Hanshin in 80.000 646A00 _ 746.000 1.512,038 766.038
OpmaWng traneere out (25.730) (400068) (374.338)
Other 531.410 493.681 (37.749) 531.410 493.861 (37.749)
Total other finmwirp sources
1.177.410 1,139,861 (37.749) 1,251,680 1.605.631 353,951
Exceed,or revenues and over
flown saapea ower(ln der) .
e4pendMM and Wer
Mmndng um Mudgeery Bevis) 393,955 79,756 313,89 (2,891,451) 5,938,317 8,827,768
Adlusmemc:
To adjust for ereumblances 1.607.92 1,647,(Y72
F�mecs of revenues and Wier
fnawng sources mer(under)
mOerndduren and Wirer
financoV uses(GAAP Baeie) $ 31,956 $ 79.758 $ 313,82 58.8916451) $.7&583,389 $10,474,840
Funs Waricaa,beginning S 5,023.240 $ 5,023,240 S - S 23.533,492 $23,533.492 $ -
Rpeterenls (2.228) (2.228) (12,478) (12,478)
Fund baWnow beginning,as restated 5,021,012 5,021,012 - 23,521,014 23,521,014 -
Eseee of nmemes and Wer
famnaro aourtss over(under)
expenditures and other
financing uses;(GAAP Basis) 393,955 79.758 313,82 (2.891,451) 7,583,389 10.474,840
Fund balances,ardoO S5 5�967 $ 5,728,770 JS 313 $20 29563 It 31y�403 S%474,840
a
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1
CITY OF RANCHO CUCAMONGA
Debt Service Funds
Public Improvement Corporation Fund — The Rancho Cucamonga Public Improvement
Corporation was incorporated on November 14, 1998 under the Non-Profit Public Benefit
corporation Law of the State of California. The Corporation was established for
' charitable purposes including rendering financial assistance to the City by financing,
acquiring, constructing, improving and leasing public improvements for the benefit of
residents of the City and the surrounding area.
Redevelopment Agency Fund — This fund is established to accumulate monies for the
payment of loans from the City of Rancho Cucamonga (payable as funds become
available to the Agency), and payment of specific Tax Allocation Bonds due in annual
installments. All tax increment monies received, placed in this fund, and used to retire
debt are done so in accordance with the Health and Safety Code.
I
1
1
1
1
' 95
CITY OF RANCHO CUCAMONGA
Combining Balance sheet
All Debt Service Funds
June 30, 1996
(Waith Comparative Totals for June 30,1997)
Public ,
Improvernerd Redevelopment Totals
Assets Corporation enc 1996 1997 ,
Cash and wwesbnerds $ - E 15,948,917 $ 15,946,917 E 15,691,734
Cash and'mve amends with fiscal agent 289,068 5,502,802 5,791,866 5,452,184
Receivables(net of allowance for uncollectibles): '
TW 210,626 210,626 188,585
Due from other funds 97,859 97,859 397.859
Total assets E 289,066 S 21,760,204 E 22049,270 $ 21,730,362 ,
Liabilities and Fund Balances
Liabilities:
Accounts palms E - $ 36,808 E 38,808 E 1,232,148
Due to other funds - 15,150 15,150 15,150 '
Due to other governments - 611 611 611
Loans payable - 289,580 289,580
Total liabilities - 344,129 344.129 1,247,909 '
Fund balances:
Reserved for encumbrances - 13,466 13,466 20,886
Reserved for unrealized gain 25,742 25,742
Toted ism rved fund balances; - 39,208 39,208 20,886
Unreserved:
Designs tedfor debt service 289,066 21,376,867 21,685,933 20,461,567
Total fund balances 289,066 21,416,075 21,705,141 20,482,453
Total liabilities and fund balances E 289,066 E 21.760.204 E 72,049,270 S 21.730.362
96 ,
CITY OF RANCHO CUCAMONGA
Combining Statement of Revenues, Expenditures and Changes in Fund Balances
All Debt Service Funds
Year Ended June 30, 1998
(With Comparative Totals for the Year Ended June 30, 1997)
Public
Improvement Redevelopment Totals
Corporation Mency 1998 1997
Revenues:
Taxes $ - $ 18,061,118 $ 18,061,118 $ 17,562,306
Use of money and property 15,714 743,088 758,802 524,759
Total revenues 15,714 18,804,206 18,819,920 18,087,065
Expenditures:
Current:
General government _ 522,032 522,032, 776,206
Capital outlay 80,947 80,947 125,911
Debt service: -
Principal 355,000 8,797,316 9,152,316 8,981,695
Interest and fiscal charges 41,116 6,495,494 6,536,610 6,668,262
Total expenditures 396,116 15,895,789 16,291,905 16,552,074
Excess of revenues over
(under)expenditures (380,402) 2,908,417 2,528,015 1,534,991
' Other financing sources(uses):
Operating transfers in 374,338 8,725,500 9,099,838 8,719,932
Operating transfers out - (8,755,964) (8,755,964) (8,703,503)
Other (1,609,180) (1,609,180) (587,992)
Total other financing sources
(uses) 374,338 (1,639,644) (1,265,306) (571,563)
Excess of revenues and other
financing sources over(under)
expenditures and other
financing uses $ (6,064) $ 1,268,773 $ 1,262,709 $ 963,428
Fund balances, beginning $ 295,709 $ 20,186,744 $ 20,482,453 $ 19,519,025
Restatements (579) (39,442) (40,021) -
' Fund balances, beginning, as restated 295,130 20,147,302 20,442,432 19,519,025
Excess of revenues and other
financing sources over(under)
expenditures and other
financing uses (6,064) 1,268,773 1,262,709 963,428
' Fund balances, ending $ 289,066 $ 21,416,075 $ 21,705,141 $ 20,482,453
' 97
CITY OF RANCHO CUCAMONGA '
Combining Statement of Revenues,Expenditures and Changes in Fund Balances
Budget and Actual(Budgetary Basis)
All Debt Service Funds
Year Ended June 30,ISM
Public Improvement Corporation _ RABenev
Variance Variance
FB4ombW Favorable/
Revenues: 1351s(BSS Aghliall (Unfavora Budoet 8�r1 (unfavorable)
Taxes $ $ - $ - $ 13,324,129 S 18,061,118 $ 4,736,969 ,
Use of money and prey 15,714 15,714 743,088 743,088
Tafel revenues 15,714 15,714 13,324,129 18,804,206 5,4MO77
Futures. ,
Current:
General govanmend - - - 549,795 535,498 14,797
Capital valley - - - 106,835 80,947 25,808
Debt service:
Prinow 355,OOD 355,000 - 12,641,555 8,797,316 3,644,239
1aest and fiscal charges - 41,116 (41,116) 300,000 6,495,494 (6,195,494)
Trial apendilures 355,000 _ 395,116 (41,116) 13,598,185 15,909,255 (2,311,070)
Excess of revenues over
(under)o9weltures (355.000) (380,402) (25,402) (274,056) 2,894,951 3,169,007 ,
Other financing sources(uses):
Operating transfers In - 374.338 374,338 - 8,725,500 8,725,500
Operating transfers out _ - (8,755014) (6,755,984)
Other (2,197,360) (11609,180) 588,180 '
Toted other ftrenne6g sources
(US") 374,338 374,338 (10,953,324) (1,639,644) 9,313,880
Excees of revenues and other ,
ung sources over(under)
expenditures and oder
flevancke uses(Budget"Basis) (3551000) (6,084) 348,936 (11,227,360) 1,255,307 12,482,687 '
Adjustments:
To adjust for encumbrances - 13,486 13,466
Excess of revenues and other
ftw=9 sources over(under)
experdtiures and Darer
fmar=9uses(GAAP Basis) $ (365,000) 6,05 ) 38, 3S12380) 532 , ,
Fund balances,beginning $ 295,709 S 295,709 S $ 20,186,744 $ 20,186,744 i
Restatements (579) (579) (39,442) (39,442)
Fund balances.begimtlng,as restated 295,709 295,130 (579) 20,147,302 20,147,302
Excess of revenues and other '
financing sources over(under)
o9endilures and other
financing uses(GAAP Basis) (355,000) (6,064) 348,936 (11,227,380) 1,268,773 12,498,153
Fund balances,ending $ (59,791) $ 289.066 $ 348,357 S 8,919,922 $ 44
75 S 12,496,153 '
98 ,
1
Total
Variance
Favorabkt
Budad Actual (Unfavorable)
E 13,324,129 E 18,061,118 E 4,736,989
758,802 758,802
13,324,129 18,819,920 5,495,791
549,795 535,498 14,297
106,835 80947 25,888
' 12,996,555 9,152,316 3,841,239
300,000 6,536,610 (6,238,610)
' 13,953,185 16,305,371 (2,352,186)
(629,056) 2,514,549 3,143,605
- 9,099,838 9,099,838
(8,755,964) (8,755,964) -
(2,197,350) (1,609,180) 588,160
(10,953,324) (1,2%,306) 9,688,018
' (11,582,380) 1,249,243 12,831,623
13,466 13,486
5(11,562,360) S 1,262,709 E 12,645,069
' E 20,462,453 $20,482,453 $ -
(40,021) (40,021)
2(1,442,432 20,442,432 -
(11,582,380) 1,282,709 12,845,089
' $ 8,88,052 $ 21,705,141 $ 12,845,089
1
This page left blank intentionally. '
1
100 ,
CAPITAL
PROJECTS FUNDS
1-
1
' CITY OF RANCHO CUCAMONGA
' Capital Projects Funds
Assessment District 82-1R Fund — Established to account for the receipt and
disbursement of funds used in the construction of streets, storm drainage and utility
' improvements within the project area. Financing was provided by the sale of bonds
under the Refunding Act of 1984 for 1915 Improvement Act Bonds.
' Assessment District 84-1 Fund—Established to account for the receipt and disbursement
of funds used in the construction and installation of public capital drainage facilities,
together with appurtenant work and incidental expenses, to serve and provide drainage
' protection to property located within Community Facilities District No. 84-1 (Day Creek
Drainage System). Financing was provided by the sale of bonds under the Mello-Roos
Community Facilities Act of 1982.
' Assessment District 842 Fund—Established to account for the receipt and disbursement
of funds used in the construction of certain public works of improvemem, together with
appurtenances and appurtenant work, including acquisition where appropriate, in Special
' Assessment District No. 842 (Aha Loma Channel Improvement). Financing was
provided by sale of bonds under the Improvement Bond Act of 1915.
Assessment District 86-2 Fund—Established to account for the receipt and disbursement
of funds used in construction and acquisition of drainage improvements together with
appurtenances and appurtenant work, acquisition of real property, if necessary, and
incidental expenses within the Assessment District No. 86-2. Financing was provided by
the sale of limited obligation bonds under the Improvement Bond Act of 1915.
' Assessment District 89-1 Fund—Established to account for the receipt and disbursement
of funds used in the construction within the Assessment District 89-1.
' Redevelopment Agency Fund — Established for financial resources to be used for
acquisition or concoction of major capital facilities within the Rancho Cucamonga
' Redevelopment Project Area. Financing is to be provided by the Rancho Cucamonga
Redevelopment Agency.
1
' 101
CITY OF RANCHO CUCAMONGA ,
Combining Balance Sheet
All Capital Projects Funds
June 30, 1998 '
(With Comparative Totals for June 30, 1997)
Assessment Districts '
Assets 8282=1 RR 84-1 W2
Cash and investments $ 3,274 $ 907,043 $ 35,161
Cash and investments with fiscal agent - _ _
Investment-land held for resale _
Receivables(net of allowance for uncollectibles):
Taxes _
Accounts '
Interest 109 11,063 114
Loan _
Due from other funds - _
Deposits _
Restricted cash _
Advances to other funds _
Total assets $ 3,383 $ 918106 $ 35 275 '
Liabilttles and Fund Balances '
Liabilities:
Accounts payable $ _ $ $ - e
Depot - - 3,864
Due to other funds _
Total liabilities _ _ 3,864 ,
Fund balances: ,
Reserved for encumbrances _ _
Reserved for advances to other funds - _
Reserved for long-term loans _ _ '
Reserved for land held for resale _ _
Reserved for unrealized gain 4 1,018 39
Total reserved fund balances 4 1,018 39 '
Unreserved:
Designated for continuing projects - _
Designated for equipment and vehicles - _ _
Undesignated 3,379 917,088 31,372
Total unreserved fund balances 3,379 917,088 31,372 '
Total fund balances 3,383 918,106 31,411
Total liabilities and fund balances $ 3,383 $ 918,106 $ 35,275
102 '
Redevelopment Totals
86-2 Agency 1998 1997
' $ 351,559 $ 77,284,088 $ 78,581,125 $ 70,766,118
- 34,992 34,992 -
- 8,430,196 8,430,196 8,501294
- 52,657 52,657 47,146
' 268 258 3,872
1,136 452,883 465,305 388285
- 12,990,735 12,990,735 12,088,223
- 3,152,437 3,152,437 3,152,119
' _ 430,500 430,500 430,500
790,000 790,000 790,000
- 4,290,000 4,290,000 4,290,000
$ 352,695 $ 107,908,756 $ 109,218,215 $ 100,457,557
' $ _ $ 153,937 $ 153,937 $ 267,282
3,864 3,864
3,334,790 3,334,790 3,267,099
' - 3,488,727 3,492,591 3,538245
- 2,959,169 2,959,169 4,571,025
4290,000 4290,000 4,290,000
- 12,429,199 12,429,199 11,465,051
' - 8,430,196 8,430,196 8,501,294
395 124,733 126,189
395 28,233297 28,234,753 28,847,370
- 75,786,732 75,786,732 66,701,008
400,000 400,000 200,000
352,300 - 1,304,139 1,170,934
' 352,300 76,186,732 77,490,871 68,071,942
352,695 104,420,029 105,725,624 95,919,312
' $ 352,695 $ 107,908,756 $ 109,218,215 $ 100,457,557
' 103
CITY OF RANCHO CUCAMONGA ,
Combining Statement of Revenues, Expenditures and Changes in Fund Balances
All Capital Projects Funds
Year Ended June 3D, 1998 '
(With Comparative Totals for the Year Ended June 30, 1997)
Assessment Districts ,
82-1 RR 84-1 84-2
Revenues:
Taxes $ - $ $ '
Use of money and property 2,475 160,797 2,026
Total revenues $ 2,475 $ 160,797 = 2,026 '
Expenditures:
Current: ,
General government $ - $ - $
Public safety -
Engineering and public works 47,710 -
Capital outlay - '
Debt service:
Principal
Interest and fiscal charges - '
Total expenditures 47,710 -
Excess of revenues over '
(under)expenditures (45,235) 160,797 2,026
Other financing sources(uses): '
Operating transfers in _ _
Operating transfers out _ _
Debt proceeds _
Other _
Total other financing sources
(uses) _
Excess of revenues and other
financing sources over(under)
expenditures and other '
financing uses $ ( $
Fund balances, beginning $ 48,625 $ 759,123 $ 29,455 '
Restatements (7) (1,814) (70)
Fund balances, beginning, as restated 48,618 757,309 29,385 '
Excess of revenues and other '
financing sources over(under)
expenditures and other
financing uses (45,235) 160,797 2,026
Fund balances, ending $ 3,383 $$®0 $ 31,411 ,
104 '
1
' Redevelopment Totals
86-2 Agency 1998 1997
$ - $ 5,360,411 $ 5,360,411 $ 5,215,670
20,167 5,127,262 5,312,727 4,929,527
' $ 20,167 $ 10,487,673 $ 10,673,138 $ 10,145,197
' $ _ $ 1,631,631 $ 1,631,631 $ 3,855,740
3,424 3,424 5,161,220
500 48,210 186,619
' - 2,387,870 2,387,870 9,479,676
754,329 754,329 25,778,705
' 4,154,215 4,154,215 3,359,230
500 8,931,469 8,979,679 47,821,190
' 19,667 1,556,204 1,693,459 (37,675,993)
' _ 3,232,045 3,232,045 7,562,485
(3,201,581) (3,201,581) (7,190,090)
7,230,377 7,230,377 43,769,415
' 61,919 61,919 (928,009)
' 7,322,760 7,322,760 43,213,801
' $ 19,667 $ 8,878,964 $ 9,016,219 $ 5,537,808
$ 333,731 $ 95,748,378 $ 96,919,312 $ 91,321,204
(703) (207,313) (209,907) 60,300
333,028 95,541,065 96,709,405 91,381,504
19,667 8,878,964 9,016,219 5,537,808
$ 352,695 $ 104,420,029 $ 105,725,624 $ 96,919,312
105
CRY OF RANCHO CUCAMONGA ,
Combining Statement of Rowe use,Expenditures and Changes in Fund Balances
Budget and Actual(Budpebury Basis) ,
All Capital Projects Funds
Year Ended June 30,1898
Assessment District 82.1R Valance Assessment District 841 '
Vedarca
Favorable/ Favorably
Actual 0lntavasbbl J Actual A ai»ia4Le) '
Revenues:
Tams $ _ S _ $ - f _ f - f
Use of money and properly 2,475 2,475 150,787 160,797
Tatal revenues 2,475 2,475 160,787 160,787 '
Expoodihrres:
Current
General government
Public safely
Ergi eedng and public waft 47,710 (47.710)
Capitol outlay -
Debt service:
n 355,000 - 355.000 355AW 355.000 ,
hmerePodpal st and Bseal charges - -
Total arperwitraes 355,000 47,710 307,280 355,000 355.000
F�mess of vevenhes over ,
(unda0 aspandihaes (355,000) (45,235) 309,765 1355,000) 180,787 515.797
Otherl4mwbv sources(uses):
Operating travelers in
Opentirg tray,0. .out
Debt proceeds _
Other
Total other Poencing sources '
(uses)
Fracas of revenues and other
financing sources over(under) ,
er�erWitraes and other
Mencing uses(Budgelary Basb) (355A00) (45,295) 309,765. (3551000) 160.787 515,797
To adjust M ernamhbrances
Exoew of revenues and other
financbg sources over(ender)
w pwxBtLnes and offer ,
fnanomg uses(GAAP Basis) S (155,000) f (45,296) 7_ L.(056,000) S 160,797 f 5156797
Fund balances.beginning f 48,625 f 48,825 S - $ 759.123 $ 759,123 $ '
Restatements (7) (7f (1,814) (1,814)
Fund balances,begimhing,as reabvtad 48.618 48018 - 757,308 757,308 -
Excess of revemen;and other '
f enci g sources over(under)
expenditures and ober
8rencing uses(GMP Basis) (95Q000) (45.255) 309.765 1355.00) 160,797 515.797 '
Fund data ,ending S f-106,362) S 3,363 S 309,7 $ 402.309 $ 918,108 $ 515,797
106 '
1
' Assessment District 842 VaAssessnwd District 88.2 Variance RedaveMxnant Agency
sanra Valiance
Favorable! Favorable' FavorabW
91ISmffi Mm (Unb y=Mo) @0 45 Aaw L4 Awl (Unfavora4141
' i - i - $ - i - $ - i - $ 6,490,350 S 5,360,411 $ (1,129,969)
2,026 2,026 20,167 20,167 5,127,262 5,127,262
' - 2.026 2,026 20,187 20,167 6,490,380 10,487,673 3,997,293
2,36$330 2.447,384 (89.054)
' - - - 20.000 3,424 18,576
500 (500)
4,093,745 4,531,286 (437,541)
' 85,000 355,000 355,000 - 355,000 318510 754,329 (435,819)
1,380510 4,154215 (2,773,705)
355_000 355,000 355,000 500 354,500 8,171,095 11 A9D,638 (3,719,543)
(355,000) 2,026 357,026 (85,000) 19,687 374,667 (1,680,715) (1,402,98) 277,750
1571,889 3232,045 1,660.058
(3,743,405) (3201581) 541,824
3,652,131 7230,377 3,378246
61,919 61,919
' - 1,680,715 7,322,760 5,642,045
(355,000) 2,026 357,026 (355,000) 19,667 374,687 - 5,919,795 5,918,795
' - 2.8'.x,169 2,858,169
' S (365,000)
$ 2,026 $ 357,026 S (85,000) S 19,887 S 374,657 S S 8,878,864 S 8,878,964
S 29,455 $ 29,455 $ - $ 333,731 $ 333,731 S - $16,748,378 S 95,748,378 S -
(70) (70) (703) (703) (207,313) (207,313)
29,385 29,385 - 333,028 333,028 - 95541.065 95541,055 -
(85,000) 2.026 357.028 (85,000) 19,867 374,867 - 8,878,964 8,878,864
S (325.615) S 31,411 $ 357.028S 87,972) $.=695 S 974.667 S 85yi1,085 5104.420.028 $ 8.878,864
107
Cm OF RANCHO CUCAMONGA ,
Combining BbMnent of Revenues.Expwtditum and Charges in Fund Balances(Contnued)
BudW and (Budgebry Basis) '
AJI Prgecb Funds
Year Ended June 30,1998
Total '
Variance
Favombter
Brrdaw 69W1 OJnhaomble) '
Ravwhues:
Taxas $ 6,490,380 $ 5,380,411 $ (1,129,90
Use of money and property - 5,312,727 5,312,727
Total revenues 6.490,380 10,673,138 4.182,758 '
ExPwWdums:
Current
Ger wal go"mrrrant 2,358,930 2,447,384 Public aaMy '
Mm
E and public wodo 20,000 48210
03,424 (4482108210
)
DePW oufflY 4,093.745 4,531,288 (437,541)
Debt service:
Principal 1,738510 754,929 984,181 '
b0ara .and fiscal e. 11., 1,380510 4,154215 2,773,705)
TaW wgerrd m 9.591,095 11908,848 2,347,753)
Excess of novenas over '
(urMw)axpaMMaos (3,100.715) (1285,710) 1935,005
Oowrflrmnchg acerae(toss):
00onsIMbando in ha oout 1571944 3232.045 1.841,056 ,
Openow (3.743,405) (3201,581) 541,824
Dobt pocoods 3,442,131 7,230,377 3,378246
Door - 61919 61919
Total Wwr fkwm g sources '
(uses) 1.680,715 7,322,780 5,642,045
Excess of revoww"and down
fNwcft sources over(under) ,
expenditures and uthw
6rmnc6g uses(Budgetary Basis) (1.420.000) 6,057950 7.477,050
Adjwhnents: '
Tosdjuwfawavmbnnces - 2.95"8,169 2959,169
Excess of rowmuss and oowr
finwmV sourdes caw(undw)
axpendbores and other ,
ewchv uses(GAAP Bads) s (1.420,000) s 9.016219 s+0,436219
Fund balances,beginning $96919,312 $ 96919,312 $
ResbMnwtb (209907) 209907)
Fund balances.beginning,es resbded 96,708,405 96.709,405 '
Excess of revenues and other
&mcft sources dwr(undw)
expenditures and other
fawncing uses(GMP Bads) (1,420,000) 9,016219 10.436219 '
Fund balances,ending; $95289.405 $105,725,624 $10,436219
108 ,
INTERNAL
SERVICE FUNDS
1-
CITY OF RANCHO CUCAMONGA
' Internal Service Funds
Vehicle Reolacement Fund—Established to account for the accumulation of user charges
to various City departments and the costs associated with replacing the City's vehicles.
Data Processing Equipment/Technology Reolacemem — Established to account for the
accumulation of resources and the costs associated with replacing the City's data
' processing equipment and maintaining current technology.
i
CITY OF RANCHO CUCAMONGA '
Combining Balance Sheet
Internal Service Funds
June 30, 1998 '
(With Comparative Totals for June 30, 1997)
Data Processing Totals ,
Vehicle Equipfrechnology (Memorandum Only)
Assets Replacement Replacement 1998 1997 '
Cash and investments $ 12,941,547 $ 5,160,927 $ 18,102,474 $ 13,566,343
Receivables(net of allowance for uncollectibles):
Interest 33,980 13,261 47,241
Fbced assets-net book value 1,165,945 18,186 1,184,131 1,216,168
Total assets $$ 14® EE 5® $ 1$ 1®6 $ 1® ,
Liabilities and Fund Eauitv ,
Liabilities:
Accounts payable $ 23,642 $ 18,186 $ 41,828 $ 329,141 ,
Total liabilities 23,642 18,186 41,828 329,141
Fund Equity: '
Contributed capital - 3,750,000 3,750,000 3,750,000
Retained earnings:
Reserved for vehicle replacement 14,106,148 - 14,106,148 10,703,370
Reserved for data processing equipment(
technology replacement - 1,419,598 1,419,598 - ,
Reserved for unrealized gain 11,682 4,590 16,272
Total fund equity and other credits 14,117,830 5,174,188 19,292,018 14,453,370 '
Total liabilities and fund equity $ 14,141,472 $ 5,192,374 $ 19,333,846 $ 14,782,511
110 '
CITY OF RANCHO CUCAMONGA
Combining Statement of Revenues,Expenses and Changes in Retained Earnings
Internal Service Funds
' Year Ended June 30, 1998
(W'dh Comparative Totals for the Year Ended June 30, 1997)
Data Processing Totals
Vehide EquipJTedmology (Memorandum Only)
' Replacement Replacement 1998 1997
Operating revenues:
Charges for services $ 546,160 $ 134,020 $ 680,180 $ 194,530
Total operating revenues 546,160 134,020 680,180 194,530
Operating expenses:
Vehicle and equipment maintenance 23,642 - 23,642 921,194
Depredation 276,011 276,011 129,714
Total operating expenditures 299,653 299,653 1,050,908
Operating Income(loss) 246,507 134,020 380,527 (856,378)
Nonoperating revenues:
Interest income 556,257 228,342 784,599 506,805
Gain on sale of fixed asset 102,499 102,499 -
Total nonoperating revenues 658,756 228,342 887,098 506,805
Net income(loss)before
operating transfers 905,263 362,362 1,267,625 (349,573)
Operating transfers in 2,530,000 1,070,000 3,600,000 2,670,621
Net income Voss) $ 3,435,263 $ 1,432,362 $ 4,867,625 $ 2,321,048
Retained earnings,beginning $ 10,703,370 $ - $ 10,703,370 $ 7,565,268
Restatements (20,803) (8,174) (28,977) 817,054
Retained earnings,beginning,as restated 10,682,567 (8,174) 10,674,393 8,382,322
Net income(loss) 3,435,263 1,432,362 4,867,625 2,321,048
' Retained eamings,ending $ 14 $ 1,424,188 ES 1 $ 10,703,370
' 111
CRY OF RANCHO CUCAMONGA
Combining Statement of Cash Flows '
Internal Service Funds
Year Ended June 30, 1998
(With Comparative Totals for the Year Ended June 30, 1997)
Data Processing Totals '
Vehicle Equipffechnology (Memorandum Only)
Reolacement Redaoern 1998 1997
Cash flows from operating activities:
Operating income(loss) $ 246,507 $ 134,020 $ 380,527 $ (856,378) ,
Adjustments to reconcile operating income(loss)
to net cash provided by(used for)operating
activities:
Depreciation 276,011 276,011 129,714 ,
Adjustment to beginning retained earnings (20,803) (8,174) (28,977) 817,054
Changes in assets and liabilities:
Increase in interest receivable (33,980) (13,261) (47,241)
Increase(decrease)in accounts payable (305,499) (305,499) 179,982 '
Tota adjustments (84,271) (21,435) (105,706) 1,126,750
Net cash provided by(used for)
openatng activities 162,236 112,585 274,821 270,372
Cash flows from noncapital financing activities: ,
Operating transfers in 2,530,000 1,070,000 3,600,000 2,670,621
Contributed cepitel 3,750,000
Net cash provided by(used for) '
noncaptlalfinancing activities 2,530,000 1,070,000 3,600,000 6,420,621
Cash flows from capita and related financing activities: '
Acquisition of fixed assets (225,788) (225,788) (817,054)
Proceeds from sale of fixed asset 102,499 102,499
Net cash provided by(used for) '
capital and related financing acbvtbw (123,289) (123,289) (817,054)
Cash flows from investing activities:
Interest income 556,257 228,342 784,599 506,805 ,
Net cash provided by(used for)
investing activities 556,257 228,342 784,599 506,605 '
Net increase(decrease)in cash and investments 3,125,204 1,410,927 4,536,131 6,380,744
Cash and investments at beginning of year 9,816,343 3,750,000 13,566,343 7,185,599 '
Cash and investments at end of year $12,_941,547 $ 5,160,927 $ 18,102,474 $ 13,588,343
®
Schedule of noncash transactions ,
Purchase of fixed asset through accounts payable $ 18.186 0s ® 1s86 $ �
112 '
� a
cn
zm
oZ
K
HEEB# j
1
CITY OF RANCHO CUCAMONGA
' Agency Funds
' Special Deposits Fund — Established to account for all deposits held by the City in its
fiduciary capacity.
Deferred Compensation Fund — Established to account for employee-deferred earnings
restricted to be paid at a later date to said employee upon termination or retirement from
' the City of Rancho Cucamonga. As of June 30, 1998, the fund was established as a trust
under the oversight of a third-party trustee and, thus, is no longer reflected as a balance
within the City's agency funds.
' Assessment District 82-1R Fund—Established to account for assessments received under
the Refunding Act of 1984 for 1915 Improvement Act Bonds. Assessments received are
restricted for payment of principal, interest and penalties thereon, upon presentation
proper coupons.
' Community Facilities District 84-1R Fund — Established to account for assessments
received under the Mello-Roos Community Facilities Act of 1982. Assessments received
are restricted for payment of principal, interest and penalties thereon, upon presentation
or proper coupons.
Assessment District 84-2 Fund —Established to account for assessments received under
the Improvement Bond Act of 1915. Assessments received are restricted for payment of
principal, interest and penalties thereon, upon presentation of proper coupons.
' Assessment District 86-2 Fund — Established to account for assessments received under
the Improvement Bond Act of 1915. Assessments received are restricted for payment of
principal, interest and penalties thereon, upon presentation of proper coupons.
Assessment District 85-PDR Fund — Established to account for assessments received
under the Refunding Act of 1984 for 1915 Improvement Act Bonds and
Landscape/Lighting Act of 1972. Assessments received are restricted for payment of
principal, interest and penalties thereon, upon presentation of proper coupons.
' Community Facilities District No. 88-2 Fund — Established to account for assessments
received under the Mello-Roos Community Facilities Act of 1982. Assessments received
are restricted for payment of principal, interest and penalties thereon, upon presentation
of proper coupons.
Assessment District 89-1 Fund —Established to account for assessments received under
' the Improvement Bond Act of 1915. Assessments received are restricted for payment of
principal, interest and penalties thereon, upon presentation of proper coupons.
113
Community Facilities District No 93-3 Fund — Established to account for assessments '
received under the Mello-Roos Community Facilities Act of 1982. Assessments received
are restricted for payment of principal, interest and penalties thereon, upon presentation ,
of proper coupons.
114 '
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' 115
CRY OF RANCHO CUCAMONGA ,
Combining Balance Sheet
All Agency Funds
June 30,1998
(With Comparative Totals for June 30,1997) '
Assessment Assesamend Asses&nent Assessment ,
Special District District District District
Assets $L-1 R a4-1 84�2 90-2
Cash and wNeshrmb $ - $ 1,234,825 $ 1,060,798 $ 366,016 E 484,940 '
Cash and investrnents with fiscal agent - _ - - _
Restricted cash 8,116,750
Receivables(net of allowance far racolledPoles): '
Accounts 20,673 - - -
Inberest - 3,988 3,378 1,419 1,522
Taxes 8.970 4,491 2,687
Toler a 8.137,623 5 1,238,813 S 1.093,148 S 371,926 S 489.149 ,
Lleb6ltles and Fund Balances
lJabl9tlas:
Accounts payable $ 50,189 E a $ E
Accrued payroll
Deposits 8,087,434 _
Due to edwafopn end Agency
Deferred comperaration payable _ _ _ - _
Bond Indentum r owm requirement - 476,900 - 171,679 205.934 '
Payable to trustee - 761,913 1,093,146 200,247 283,275
TOWhadiities Si 6� S 1,238,813 S 1.093.146 $====371 a 489.149
1
116 '
1
1
Assessment nssessmetd ne8esemwd Assessment nssessmud
District District District Distrid DhMd Totals
BSPD ou 09-1 2u m 1m ]>�Z
' $ 2,654,499 $ 3,452,598 $ 1,113,269 $ 53,274 $ 379,976 $ 10,820,195 $ 10,597,613
5,422,471
- - 8,116,750 7,663,968
_ _ 20,873 28,399
91 170 1004
8,518 11,149 3,3 , 34,539 16,851
21,331 4,244 4,512 46235 79,899
E 2.684,348 S 3,467.991 S 1.118,680 S 57.958 S 380.980 S 19.038,592 E 23.809.201
1
$ 50,189 $ - $ - S 9,399 $ - $ 109,777 $ 168,145
' 7.495 - - - - 7,495 5,651
8,067,434 7,814,889
1,854
5,422,471
1 125,DDD - 478,067 - - 1,457,580 1,457,580
2,501,654 3,467,991 638,593 48,557 380,980 9,376,3D6 9,138,831
$ 2,684,348 $ 3,467,991 $ 1,116,660 S 57,956 E 380,980 E 19,038,592 S 23.809.201
117
CITY OF RANCHO CUCAMONGA '
Combining Statement of Changes in Assets and Liabilities
All Agency Funds
Year Ended June 30,1998
Balance Balance ,
Special Deposits July 1.1997 Additiorw Deletions June 30.1998
'Assets:
Cash and mves6aants $ 7,663,968 E 877,004 $ 424,222 E 8,116,750
Accounts receivable 20.365 508 - 20,873
Total assets E 7,684,333 E 877.512 S 424,222 E 8,137,623 '
LlabllMies:
Accounts payable E 67,810 $ 50,189 $ 67,810 E 50,189
Deposits 7,614,669 815,210 342,445 8,097,434
Due to Redevelopment Agency 1,854 1.854
Total liabilities E7,684.333 S 865.399 E 412,109 E 8137,623
_Dafamd Compensation(a)
Assets:
Cash and nvesbnerds with fiscal agent S 5,422,471 E 1.237,906 E 6,660,377 E
LlablBtles:
Deferred compernmUon payable E 5,422,471 E 1,237,906 E 6,660,377 E ,
Assessment District 82-1 R
Assets:
Cash andtnve&rmb E 1,719,513 E 114,902 E 599,590 E 1,234,825 '
1,the at receivable 3,988 3.988
Total assets E 1,719.513 S 118,890 S 559.590 $ 12386813
Liabilities: '
Bond Indenture reserve requirement E 476,900 E - E - $ 476,900
Payable to trustee 1.242,613 2.327,009 2,807,709 761.913
Total liabilities $ 1,719,513 $ 2,327,009 E 2,807,709 E 1M,813
Assessand District 841
Assets: 1
Cash and imestrnents E 932,040 E 1,934,004 E 1,765,246 E 1,080,798
Tams receivable 8,759 8,970 8,759 8,970
Interest receivable - 3,378 - 3.378 '
Tomlasaets E 940,799 E 1,946,352 $ 1,794,005 $ 1,093,146
Liabilities:
Payable to trustee E 940,799 E 5.922,084 E 5.769,737 E 1,093,146
Total liabilities E 940,799 E 5,922.084 E 5,769,737 S 1,093,146
Assessnwd District 84-2 ,
Assets:
Cash and invesbnerds E 314,090 $ 196,660 E 144,734 E 366,016
Into estreceivable - 1,419 - 1,419 '
Tams receivable 3,406 4,491 3,406 4,491
Total assets $ 317,496 E 202,570 E 148,140 E 371.926
(continued '
118 '
' CRY OF RANCHO CUCAMONGA
Combining Statement of Charges in Assets and Liabilities
All Agency Furls
Year Ended June 30,1998
' 6alanoe Balance
July 1.1997 Additions Deletions June 30.1998
LlablI tles: -
Bond trdendure reserve requirement $ 171,679 $ $ $ 171,679
Payable to trustee 145,817 664,563 610,133 200,247
Total liabilities $ 317,496 $ 664,563 $ 610,133 $ 371,926
Assessment District 66.2
Assets:
Cash and invesbnerds $ 574,434 $ 238,052 $ 327,546 $ 484,940
Interest receivable 1,522 ,,522
Taxes reoetvabie 20,378 2,687 20,378 2,687
Total easels $ 594,812 $ 242,261 $ 347,924 $ 489,149
Liablitlfes:
' Bond indenture reserve requirement $ 205,934 $ - $ - $ 205,934
Payable to trustee 388,878 839,302 944,965 283,215
Toted liabilities $ 594,812 E 639.302 $ 944,96.5 E 489.,49
' Assessment District 85-PD
Assets:
Cash and investments $ 2,450,939 $ 1,873,379 $ 1,689,819 $ 2,654,499
' Accounts receivable 8,034 - 8,034 -
Into receivable 8,518 8,518
Taxes receivable 45,367 21,331 45,367 21,331
Total assets S 2,504,340 $ 1,903228 $ ,,723,220 $ 2,684,348
UsWlltlss:
Acown s payable $ 97,335 $ 50,189 $ 97,335 $ 50,189
' Accrued payroll 5,651 7,495 5,651 7,495
Bond indenture reserve requirement 125,000 125,000
Payable to trustee 2,276,354 5,673,194 5,447,884 2,501,664
Total liabilities $ 2,504,340 $ 5,730,878 $ 5,550,870 $ 2,684,348
Assessment Distrlot 88-2
Assets:
1 Cash and investments $ 3,167,319 $ 649,454 $ 364,175 $ 3,452,598
Intent movable 111,149 11,149
Taxesraoeivable 1,665 4244 1,665 4244
1 Total assts S 3,168,984 $ 664,847 $ 365.840 E 3,467,991
Lleb9tlMs:
Payable to trustee $ 3,168,984 $ 1,667,961 $ 1,368,954 $ 3,467,991
ITotal liabilities S 3,168,984 E ,,667,96, S 1,368,954 S 3,467,991
' Assessmdrt District 884
Assets:
Cash mid vuvamncots $ 1,058,092 $ 561,667 $ 506,480 $ 1,113269
Interest receivable 16,651 3,481 16,941 3,391
' Total assets $ 1,074,943 _E. 565,,38 S 523,421 S 1,1,6,660
(oonfinued)
119
1
CITY OF RANCHO CUCAMONGA '
Combining Statement of Charges in Assets and Liabilities
All Agency Funds
Year Ended June 30,1998
Balance Balance '
July 1.1997 Additions DeMbrs June 30.1998
uaa9rles: '
Accounts payable $ 3,000 $ - $ 3,000 $ -
Bond'i denture reserve requirement 478,067 - - 478,067
Payable to trustee 593,876 1,624,743 1,580,025 638,593 '
Total liabilities E 1,074.943 S ,
1624,743 $ 1,583,026 S 1.116,660
Assessmnrt Dhdrlet 91-2
Assets: '
Cash and investments $ 25,787 $ 30,607 $ 3,120 $ 53,274
Intel receivable - 170 - 170
Tww receivable 324 4,512 324 4,512 '
Total assets S 26.111 �� S 3.444 S 57,956
LlaaBtles:
Accounts Payable $ - $ 9,399 $ - $ 9,399 '
Payable toUuetee 26,111 109,016 86,570 48,557
Total liabilities S 26,111 S 118,415 $ 86.570 S 57.956 ,
Asaessmwd DlsMct 933
Assets:
Cash and enveshna $ 355,399 $ 444,503 $ 419,926 $ 379,976 '
Intel receivable 1,004 1,004
Total assets i 355,399 S 445.507 S 419.926 S 380,980
Lleal9Ns: '
Payable to trustee $ 355,399 $ 1,330,306 $ 1,304,725 $ 380,980
Totalbabifines $ 355,399 $ 1,330,306 L 1,304,725 S 380,980 '
Totals-All Aeencv Funds
Assets:
Cash and investments $ 10,597,613 $ 6,043,218 $ 5,82,636 $ 10,820,195
Cash and investments with fiscal agent 5,422,471 1,237,906 6,660,377
Restricted cash 7.663,968 877.004 424222 8,116,750
Accounts receivable 28,399 508 8,034 20,873
Interest removable 16,851 34,629 16,941 34,539
Tams receivable 79,899 46.235 79,899 46,235
Total assets $ 23,809,201 $ 8,239,500 S 13�01 09 L 19,038,592
uaatln.s:
Acoourft payable E 168,145 $ 109,777 i 168.145 i 109,777
Accrued payroll 5,651 7,495 5,6.51 7,495
Deposits 7,614,659 815210 342,445 8,097,434
Due to Redevelopment Agency 1,854 - 1,854 -
Deterred compermati06 6,660,377 -
Bond mdenhse reserve requirement 1,457,580 - - 1.457,580 '
Payable totrustee 9,138,831 20,158,178 19,920,703 9,376,306
Total liabilities $ 23,809,201 S 22.328,566 S 27.099.175 S 19,038,592
(a) Note: The Deferred Compensation Fund was cbsed out during fiscal year 199738. '
120 '
ii
' CITY OF RANCHO CUCAMONGA
' Schedule of General Fixed Assets-By Sources
June 30, 1998
(VVdh Comparative Totals for June 30, 1997)
Totals
1998 1997
General Fixed Assets:
Land $ 35,201,239 $ 35,315,539
' Building improvements 56,730,681 56,424,891
Improvements other than buildings 55,711 55,711
Equipment and vehicles 16,070,739 15,308,556
Furniture and fixtures 3,406,719 3,413,887
' Construction in progress 3,544,038 3,544,038
Total General Fixed Assets $115,009,127 $114,062,622
Investment in General Fixed Assets:
' Purchased prior to 7/1/95-unclassified $ 64,444,358 $ 64,444,358
General Fund revenues 1,595,842 1,513,680
Special Revenue Fund revenues 1,536,208 1,573,766
Capital Project Fund revenues 42,558,478 41,986,894
Fire District 4,168,459 3,988,234
Federal grants 161,866 158,408
State grants 337,876 328,543
Asset Seizure Funds: State/Federal 206,040 68,739
Total Investment in General Fixed Assets $115,009,127 $114,062,622
' Note: Information is not available on the funding sources for fixed assets acquired prior to July 1, 1995.
' 121
CITY OF RANCHO Ct1CANiONGA '
Schedule of General Fbred Assets '
By Function and Activity
For the Fiscal Year Ended June 30,1998
1
IMMOVe rents Equiprrrnd Fumiture
Sulift alher u m and and Construction '
Funetion and Aetivity Laid IMPMvements 9ui i V� Fftm In Total
General Goyemrarrt:
Citymanaller
Personnel E - S - S - $ 33,085 S 5806 2,214 814 S - $ 33,684 '
City Clerk _ - - , - 8,020
142,036 9,098
Adminish&m Services 106,000 5,881,243 - 629,130 7999 151,134
P 152,537 - 194,351 5.987 6.604.372BWklbV '
and - 164,090 486 352,875
General City Facilities $396,152 18,913,741 1,124,834 103,158 - 188,356
AAseasarnmt Ado^ - 86,401 - 22.537,885
846.188 5,608 938197 '
Total GeneralGovemnent 2,502,152 25,013,922 - 3,139,500 138,949 30,794,523
Public Safety - - 718,778 37,381 _ '
758,159
Engbaerring and Public Works 348.672 1,482,815 3,141,056 11,273 4,981,816
CommunityServiees 22,137,440 8,310,796 - 274,914 294,800 31,017,950 '
Community Redevelopment 10,199,483 20.959,366 55,711 5,607,326 2,924,316 39,746,182
Fire protection 15,512 963,782 3,189,185 _ '
- 4,168,459
Total General Fbwd Assets
Allocated to Functions 35201,2 56,730,681 55,711 16,070,739 3,406,719 - 111,465,089
Construction In Progress - - 3,544,038 3,544,038 '
Toed 535201,239 $56,730,681 $ 55,711 $16,070,739
i3� $3,544,038 $115,009,727
122 '
' CITY OF RANCHO CUCAMONGA
' Schedule of Changes in General Fixed Assets
By Function and Activity
For the Fiscal Year Ended June 30, 1998
Balance Balance
July 1. 1997 Additions Deletions June 30, 1998
Function and Activity
' General Government:
City Manager $ 20,170 $ 16,922 $ 3,408 $ 33,684
Personnel 9,815 - 1,795 8,020
City Clerk 139,602 16,059 4,527 151,134
Administrative Services 6,337,957 270,585 4,170 6,604,372
Planning 334,514 38,466 20,105 352,875
' Building and Safety 155,485 48,750 35,879 168,356
General City Facilities 22,474,277 63,608 22,537,885
Assessment Administration 862,830 93,057 17,690 938,197
' Total General Government 30,334,650 547,447 87,574 30,794,523
Public Safety 572,378 186,605 2,824 756,159
' Engineering and Public Works 5,478,162 242,143 738,489 4,981,816
Community Services 30,970,562 63,961 16,573 31,017,950
Community Redevelopment 39,174,508 838,925 267,251 39,746,182
Fire protection 3,988,324 180,135 - 4,168,459
Total General Fixed Assets
Allocated to Functions 110,518,584 2,059,216 1,112,711 111,465,089
' Construction in Progress 3,544,038 - - 3,544,038
Total General Fixed Assets $114,062,622 $2,059,216 $ 1,112,711 $115,009,127
e
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MEMO
City of Rancho Cucamonga
' Comprehensive Annual Financial Report
June 30, 1998
1
' Statistical Section
' Certain schedules recommended for inclusion in Comprehensive Annual
Financial Reports of Municipalities by the Government Finance Officers
' Association have been omitted from this report. The omission of such
schedules was made only after careful consideration of the merits of each
recommended schedule by City management.
' 125
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CITY OF RANCHO CUCAMONGA
GENERAL GOVERNMENTAL EXPENDITURES BY FUNCTION(1)
LAST TEN FISCAL YEARS
Fiscal General Public Engineering Community Community Public Safety Debt Capital
Year Government Safety Public Works Development Services Fire Protection Service Outlay Total
1988-89 $ 8,531,326 $ 6,117,980 $ 7,769,525 $ 3,717,641 $ 1,228,413 $ 4,763,673 $ 14,560,918 $ 30,394,512 $ 77,089,988
1989.90 11,890,911 6,933,276 7,329,039 8,882,083 1,436,387 5,306,337 60,497,913 28,608,963 128,884,909
1990.91 15,881,940 7,311,306 8,523,472 4,607,309 2,808,115 7,002,548 17,863,697 30,825,105 94,823,492
1991-92 10,973,782 7,401,199 12,556,739 6,903,264 2,322,517 7,462,224 21,407,802 22,177,981 91,205,508
1992-93 12,944,510 7,615,332 7,789,364 6,159,850 1,702,270 7,839,084 15,203,408 24,188,791 83,442,809
1993.94 14,115,388 8,335,701 8,091,353 6,492,001 1,762,601 8,309,526 15,874,075 15,216,092 78,196,737
1994.95 12,374,623 9,053,236 9,076,883 7,165,128 2,700,897 9,080,935 14,117,871 26,231,344 89,800,917
1995-96 8,700,927 9,417,013 8,980,967 6,488,858 3,725,252 8,951,549 19,632,773 31,168,055 97,065,394
1996-97 12,246,831 15,444,149 8,592,843 7,438,880 3,010,203 9,096,377 45,208,420 16,977,819 118,015,522
199748 12,354,277 10,209,691 8,976,081 8,025,010 4,243,840 9,490,941 21,038,105 5,891,897 80,229,842
(1)Includes General,Special Revenue,Debt Service and Capital Projects funds.
Source: Annual Audit Report
CITY OF RANCHO CUCAMONGA
GENERAL GOVERNMENTAL REVENUES BY SOURCE(1)
LAST TEN FISCAL YEARS
Fiscal Taxes& Licenses& Inter- Charges for Use of Money Fines& Development
Year Assessments Permits governmental Services &Property Forfeitures Fees Other Total
1988-89 $ 27,187,188 $ 2,902,943 $ 8,453,551 $ 4,601,110 $ 8,593,643 $ 264,831 $ 8,828,353 $ 2,413,640 $ 63,245,259
1989-90 33,133,576 1,996,471 10,697,053 4,234,198 8,974,131 308,389 3,922,496 520,326 63,786,640
1990-91 42,126,174 1,628,195 8,293,751 2,197,625 11,237,248 251,271 3,303,543 6,315,718 75,353,525
1991-92 44,534,803 1,357,877 10,087,260 2,292,045 9,214,401 226,686 3,604,792 8,033,974 79,351,838
.- 1992.93 48,385,478 1,455,537 11,041,157 2,066,010 6,899,587 391,130 2,016,608 7,434,652 79,690,159
00N
1993.94 56,651,916 1,586,247 9,629,421 2,067,524 4,883,780 384,110 3,617,971 4,177,113 82,998,082
1994.95 53,359,823 1,613,580 13,662,447 2,123,670 6,847,563 415,196 2,797,661 3,478,201 84,298,141
1995-96 57,537,967 1,593,576 11,179,404 2,745,991 8,472,995 291,189 2,713,750 2,718,267 87,253,139
1996-97 58,717,945 1,795,225 11,596,410 2,976,083 8,965,747 225,728 3,604,000 3,370,338 91,251,476
1997-98 61,580,099 2,162,381 14,674,048 3,943,937 9,833,307 365,203 3,743,940 2,940,518 99,243,433
(1)Includes General,Special Revenue,Debt Service and Capital Projects funds.
(2)The data presented represents all City activities for which the City Council has oversight responsibilities.
Source: Annual Audit Report
CITY OF RANCHO CUCAMONGA
ASSESSED VALUATION OF ALL CITY PROPERTY
LAST TEN FISCAL YEARS
Fiscal Secured Public Total Unsecured Full Cash Homeowners Net Taxable
Year Property Utility Secured Property Total Value Exemption Value
1988-89 $3,842,089,811 $ 6,603,300 $3,848,693,111 $ 212,624,063 $4,061,317,174 $4,061,317,174 $113,470,203 $3,947,846,971
1989-90 4,663,645,245 6,744,546 4,670,389,791 251,517,317 4,921,907,108 4,921,907,108 119,705,841 4,802,201,267
1990-91 5,577,509,385 15,093,655 5,592,603,040 303,321,685 5,895,924,725 5,895,924,725 125,618,428 5,770,306,297
1991-92 6,179,613,149 145,432,065 6,325,045,214 340,718,049 6,665,763,263 6,665,763,263 129,211,480 6,536,551,783
w 1992-93 6,484,960,928 14,386,749 6,499,347,677 367,738,678 6,867,086,355 6,867,086,355 137,890,350 6,729,196,005
1993-94 6,632,696,532 13,427,461 6,646,123,993 427,437,186 7,073,561,179 7,073,561,179 135,308,108 6,938,253,071
1994-95 6,307,539,741 10,342,631 6,317,882,372 400,383,268 6,718,265,640 6,718,265,640 136,491,999 6,581,773,641
1995-96 6,283,443,239 10,381,440 6,293,824,679 447,181,856 6,741,006,535 6,741,006,535 139,734,804 6,601,271,731
1996-97 6,341,840,800 9,202,780 6,351,043,580 547,386,007 6,898,429,587 6,898,429,587 138,742,488 6,759,687,099
1997-98 6,483,946,533 7,855,246 6,491,801,779 594,241,278 7,086,043,057 7,086,043,057 139,933,217 6,946,109,840
Note: Assessed valuation Is based on 100 percent of full market value.
New report format for the county of San Bernardino precludes property exemptions category.
Source: San Bernardino County Auditor-Controller
CITY OF RANCHO CUCAMONGA
PROPERTY TAX LEVIES AND COLLECTIONS
LAST TEN FISCAL YEARS '
Fiscal Total Tax Total Tax Percent of Levy '
Year Levy Collection Collected '
1988-89 $1,333,498 $1,399,699 105%
1989-90 1,944,806 2,052,267 106% ,
1990-91 2,282,179 2,446,699 107% '
1991-92 2,640,644 2,634,740 99% '
1992-93 2,404,766 2,395,951 99°/0
1993-94 1,779,421 1,860,297 105% ,
199495 2,365,012 1,727,482 73%
1995-96 2,347,820 1,772,721 76% ,
1996-97 2,356,069 1,655,554 70% '
1997-98 2,338,949 1,810,766 77%
Note: The county of San Bernardino does not provide sufficient information to determine what portion of total ,
represent delinquent taxes and interest and penalties on those delinquencies.
Source: County of San Bernardino-Auditor Controller ,
130 '
CITY OF RANCHO CUCAMONGA
DIRECT AND OVERLAPPING PROPERTY TAX RATE
LAST TEN FISCAL YEARS
Chino Basin City of Rancho
Fiscal Schools County Cucamonga Metropolitan Muni.W.D. Cucamonga Total
Year Tax Rate Tax Rate County W.D. Water Dist. Tax Rate Tax Rate Tax Rate
1998-89 0.0407 1.000 0.0141 0.0110 0.0046 0.0493 1.1197
1989-90 0.0435 1.000 0.0164 0.0121 0.0038 0.0493 1.1251
1990-91 0.0566 1.000 0.0156 0.0097 0.0033 0.0493 1.1345
1991-92 0.0454 1.000 0.0168 0.0089 0.0030 0.0493 1.1234
w
1992-93 0.0352 1.000 0.0168 0.0089 0.0028 0.0403 1.1040
1993-94 0.0404 1.000 0.0215 0.0089 0.0024 0.0283 1.1015
1994-95 0.0340 1.000 0.0219 0.0089 0.0024 0.0389 1.1061
1995-98 0.0471 1.000 0.0098 0.0089 0.0000 0.0383 1.1041
1996-97 0.0416 1.000 0.0115 0.0089 0.0000 0.0383 1.1003
1997-98 0.0390 1.000 0.0115 0.0089 0.0000 0.0371 1.0965
Assessed valuation of property is stated at 100%of market value.
Source: County of San Bernardino Auditor-Controller
CITY OF RANCHO CUCAMONGA
SPECIAL ASSESSMENT COLLECTIONS '
LAST TEN FISCAL YEARS
Ratios of Total Outstanding '
Fiscal Current and Prior Assessments Collections to Current and
Year Assessments Due Collected Amount Due Delinquent Assmts
1988-89 $3,304,823 $3,216,001 97.31% $88,822 '
1989.90 3,619,774 3,599,088 99.43% 20,686
1990-91 3,565,936 3,520,912 98.740% 45,024 '
1991-92 4,341,957 4,270,529 98.35% 71,428
1992-93 4,293,316 4,237,963 98.71% 55,353 '
1993-94 5,983,111 5,881,485 98.300% 101,626
1994-95 5,938,191 5,884,908 99.10% 53,283 '
1995-96 5,301,182 5,253,966 99.11% 47,216 ,
1996-97 5,718,659 5,638,760 98.60°k 79,899
1997-98 5,662,373 5,616,138 99.18% 46,235
Source: Finance Division
132 '
CITY OF RANCHO CUCAMONGA
DIRECT AND OVERLAPPING BONDED DEBT
1997-98 Assessed Valuation : $7.086.043,057
DIRECT AND OVERLAPPING BONDED DEBT: %Applicable Debt 6130198
San Bernardino Co. General Fund& Pension Obligations 7.524 $117,759,488
Metropolitan Water District 0.547 3,036,424
Chaffey Community College Dist.Certs of Participation 17.946 1,343,258 Direct Debt 0.005%
Chaffey Jt. Union H.S.Dist.Certs of Participation 37.721 1,989,783
Alta Loma School District 98.545 7,316,966 Total Gross Debt 4.905%
Central School District&Certs of Participation 96.822 22,670,871 Total Net 4.905%
Cucamonga School District Certs of Participation 37.834 5,557,815
Cucamonga County Water District 88.487 212,369
Cucamonga County Water District. I.D.#5 94.879 948,790
Rancho Cucamonga Redevelopment Agency 100.000 144,460,000
Etiwanda School Dist.Community Facilities Dist.#1,#2,#3 100.000 16,790,000
City of Rancho Cucamonga Certs of Participation 100.000 385,000
City of Rancho Cucamonga Community Fac.Dist. 100.000 18,310,000
City of Rancho Cucamonga 1915 Act Bonds 100.000 6,395,000
Fontana Unified School District&C.O.P. 0.460 371,547 STATE SCHOOL BUILDING AID
Upland Unified School District&C.O.P. 0.436 37,867 REPAYABLE AS OF 6/30/98 $1,770,389
TOTAL DIRECT&OVERLAPPING BONDED DEBT $347,585,178
Source: California Municipal Statistics,Inc.,Annual Audit Report
CITY OF RANCHO CUCAMONGA '
LEGAL DEBT MARGIN
(General Obligation Bonds)
June 30, 1998 ,
Assessed Valuation $ 7,086,043,057
Debt Limit- 15%of assessed valuation $ 1,062,906,459 '
Amount of debt applicable to debt limit: ,
Total bonded debt $
Other debt $ _
Less assets in Debt Service Fund available '
for payment of principal $ - $
Legal debt margin $ 1,062,906,459
1
Source: Finance Division '
Note: The City has no general bonds outstanding, however, revenue bond indebtedness has been
issued by the Rancho Cucamonga Redevelopment Agency. See Direct&Overlapping Bonded
Debt for information on these bonds.
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CITY OF RANCHO CUCAMONGA
BUILDING PERMITS
NUMBER OF PERMITS ISSUED
1988-89 1989-90 1990-91 1991-92 1992-93 1993-94 1994.95 1995-96 1996-97 1997-98
July 1,232 426 418 278 326 238 300 237 249 324
August 1,751 459 327 262 230 344 288 232 198 263
September 1,373 351 192 248 245 305 242 225 245 288
October 1,941 512 328 284 268 222 191 321 226 314
November 1,470 358 274 200 255 283 270 191 218 179
LnLn
December 1,068 268 303 195 223 237 170 158 215 237
January 1,448 337 228 171 182 264 131 249 327 280
February 1,167 359 317 243 149 281 257 185 341 229
March 1,689 410 257 295 298 442 196 209 363 332
April 1,649 396 335 231 315 201 214 226 431 356
May 1,927 372 313 274 262 307 307 250 256 225
June 1,964 408 312 365 385 348 280 218 267 303
TOTAL 18,679 4,658 3,604 3,046 3,138 3,472 2,846 2,701 3,336 3,330
Source: Building Safety Division
CITY OF RANCHO CUCAMONGA
CONSTRUCTION ACTIVITY
BUILDING PERMIT VALUATION
1988-89 1989-90 1990.91 1991-92 1992-93 1993-94 1994-g5 1995.96 1996.97 1997-88
July $ 19,353,555 $ 10,089,602 $ 23,599,648 $ 2,918,819 $11,119,619 $ 2,309,314 $ 9,862,766 $ 12,331,995 $ 10,582,570 $ 10,181,503
August 30,200,101 23,460,230 14,593,630 2,505,876 3,640,314 8,934,763 10,295,238 8,658,100 8,625,913 16,133,001
September 24,268,160 22,479,041 2,350,284 4,577,135 5,611,615 6,012,384 10,610,641 7,539,020 22,895,860 17,461,710
October 48,782,828 23,647,235 7,727,450 6,382,558 3,630,620 4,005,140 14,652,820 10,501,190 6,482,329 11,627,452
November 17,614,217 11,332,216 5,654,369 2,436,103 7,572,750 7,615,600 15,978,747 3,606,830 9,254,752 4,180,059
December 16,056,186 10,147,202 23,805,734 7,140,379 2,843,800 2,346,730 7,157,443 6,256,792 8,554,638 10,310,527
rn
January 24,774,596 15,616,216 10,283,180 8,374,060 8,407,509 12,343,088 1,717,165 15,045,410 14,583,794 15,840,580
February 38,792,235 23,738,389 7,041,748 5,401,851 1,899,579 12,671,982 17,497,339 11,201,194 17,929,883 13,143,098
March 47,229,360 16,484,505 13,445,250 5,561,660 8,499,799 14,063,158 2,101,199 11,932,433 3,779,101 24,998,362
April 35,861,166 9,158,809 6,593,123 4,686,138 11,459,265 5,158,210 8,054,910 11,378,975 9,841,932 32,206,453
May 34,206,959 9,498,383 3,910,268 5,137,236 5,231,474 17,243,990 9,403,612 15,468,092 8,397,938 6,059,910
June 60,298,893 22,989,440 7,689607 18,714,994 15,177,110 12,007,333 10,648,284 6,074,237 17,116,665 20,976,584
TOTAL $397,438,258 $198,839,288 $126,694,091 _$73,836,809 $85,093,454 $102,711,872 5717,778,184 $119,994,288 $138,045,375 $185,119,239
Source: Building Safety Division
' CITY OF RANCHO CUCAMONGA
DEMOGRAPHIC STATISTICS
LAST TEN FISCAL YEARS
' Average Annual San Bernardino City Population
City Population County as Percent
Year Population Percent Changes Population of County
1989 104,727 10.7% 1,286,210 8.1%
1990 104,887 0.2°/a 1,423,800 7.4%
1991 105,100 0.2% 1,464,700 7.2%
1992 109,800 4.5% 1,508,700 7.3%
' 1993 111,500 1.5% 1,539,600 7.20/a
1994 112,700 1.1% 1,559,100 7.2%
1995 114,600 1.7% 1,572,700 7.3%
' 1996 115,900 1.1% 1,589,500 7.3%
1997 116,045 0.1% 1,587,387 7.3%
1998 118,432 2.1% 1,621,874 7.30/9
Source: (1) U.S. Bureau of Census,California Department of Finance
(2) In May 1996,the California State Controllers Office(Demographic Research Unit)
recalibrated the population count statewide retroactive to April 1990. That recalibrated
count is reflected above.
137
CITY OF RANCHO CUCAMONGA
PRINCIPAL TAXPAYERS (1) '
June 30, 1998
Too 25 Producers
Albertson's
AM PM Mini Mart Station
Amcast Aerospace Products ..
Ameron
Best Buy
Circle K
Circuit City
Claim Jumper
Graphic Controls Corporation
Gulf South Medical Supply
Home Depot
MDC Acquisition
Mervyn's
Mobil Oil
Montgomery Ward
Office Depot
Price Club
Proficient Food Company
Sehulster Tunnels Pre Con
Stater Bros. '
Tamco
Target
Varian Associates
Vineyard Shell '
Wal Mart
Source: State Board of Equalization ,
(1) Based on sales tax revenues, listed alphabetically
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CITY OF RANCHO CUCAMONGA
INSURANCE POLICIES
Coverage Maximum Coverage Company Remarks
Auto Insurance $250,000 PARSAC One year policy-Expires 5/99
SFC 008585 $20,556 annual premium
Boller 8 Machinery $9,500,000 Hartford Steam Boller One year policy-Expires 10/26/98
BMI-LA-9934845 $9,071 annual premium
Crime Policy
Employee Surety $100,000 Hartford Fire Insurance One year policy-Expires 7/1/98
$2,027 annual premium
Equipment Insurance $250,000 PARSAC One year policy-Expires 5/99
premium included in auto coverage
Uability Insurance $5,000,000 PARSAC One year policy-Expires 7/1/98
rr $302,730 annual premium
w
a
Notary Bond $10,000 Western Surety Company Effective 12117/93
$50.00 annual premium
Excess Liability $5,000,000 PARSAC One year policy-Expires 7/1/98
$46,569 annual premium
Property Insurance $250,000 PARSAC One year policy-Expires 5/99
premium included In auto coverage
Special Events $2,000,000 CNA Insurance Company One year policy-Expires 7/1/98
Incl.In Excess Liability,varies per event
Worker's Compensation $10,000,000 PARSAC One year policy-Expires 7/1/98
$1,000 one time premium
Excess Worker's Comp $10,000,000 PARSAC One year policy-Expires 7/1/98
$280,276 annual premium
Employee Dishonesty Bond $100,000 PARSAC One year policy-Expires 7/1/98
$202,700 annual premium
Source: Risk Management Division
CITY OF RANCHO CUCAMONGA
MISCELLANEOUS STATISTICAL INFORMATION
Date Of Incorporation November 22, 1977 '
Type of City General Law '
Form of Government Council/Manager
Area 37.5 Square Miles
Population 118,432
Number of Street Lights 9,493
Miles of Streets 491
Number of Signals 113 '
Fire Protection:
Rancho Cucamonga Fire District
Number of Stations 5
Number of Firefighters and Officers 67
Police Protection:
Contracted with San Bernardino County ,
Number of Stations 1
Number of Sworn Officers 86
Recreation and Culture: '
Number of Parks 20 with 244.8 acres
Source: City of Rancho Cucamonga-Various Departments t
140