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City of RanchoCucam nga. California C
COMPREHENSIVE
ANNUAL FINANCIAL REPORT
ded lune 30, 1996
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CITY OF RANCHO CUCAMONGA, CALIFORNIA
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Comprehensive
Annual Financial Report
' Fiscal Year Ended
June 30, 1996
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Prepared by
' Finance Department
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' Susan M. Stark
Finance Officer
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City of Rancho Cucamonga
Table of Contents
Page
Number
INTRODUCTORY SECTION
Letter of Transmittal i
City Officials xxv
' Organizational Chart xxvi
Geographic Location Diagram xxvii
' Certificate of Achievement for Excellence in Financial Reporting xxviii
Certificate of Award for Outstanding Financial Reporting xxix
FINANCIAL SECTION
INDEPENDENT AUDITOR'S REPORT 1
FINANCIAL STATEMENTS
The notes to the financial statements are an integral part
of the component unit financial statements
Exhibit A - Combined Balance Sheet - All Fund Types and Account Groups 3
Exhibit B - Combined Statement of Revenues, Expenditures and Changes in
' Fund Balances - All Governmental Fund Types 4
Exhibit C - Combined Statement of Revenues, Expenditures and Changes in Fund
Balances - Budget and Actual (Budgetary Basis) - All Governmental
Fund Types 6
' Exhibit D - Statement of Revenues, Expenses and Changes in Retained Earnings
Proprietary Fund Type - Enterprise and Internal Service Funds 12
' Exhibit E - Combined Statement of Cash Flows - All Proprietary Fund Types 13
City of Rancho Cucamonga ,
Table of Contents ,
NOTES TO FINANCIAL STATEMENTS 14 `
SUPPLEMENTARY SCHEDULES ,
Schedule 1 - Balance Sheet - General Fund 56
Schedule 2 - Statement of Revenues, Expenditures and Changes in Fund Balances '
- General Fund 57
Schedule 3 - Schedule of Revenues, Expenditures and Changes in Fund Balances '
- Budget and Actual (Budgetary Basis) - General Fund 58 '
Schedule 4 - Combining Balance Sheet -All Special Revenue Funds 63
Schedule 5 - Combining Statement of Revenues, Expenditures and Changes in '
Fund Balances - All Special Revenue Funds 67
Schedule 6 - Combining Schedule of Revenues, Expenditures and Changes in ,
Fund Balances - Budget and Actual (Budgetary Basis) -All
Special Revenue Funds 71 '
Schedule 7 - Combining Balance Sheet- All Debt Service Funds 80
Schedule 8 - Combining Statement of Revenues, Expenditures and Changes in ,
Fund Balances -All Debt Service Funds 81 ,
Schedule 9 - Combining Statement of Revenues, Expenditures and Changes in
Fund Balances - Budget and Actual -All Debt Service Funds 82 '
Schedule 10 - Combining Balance Sheet - All Capital Projects Funds 83
Schedule 11 - Combining Statement of Revenues, Expenditures and Changes in ,
Fund Balances - All Capital Projects Funds 84
Schedule 12 - Combining Schedule of Revenues, Expenditures and Changes in
Fund Balances - Budget and Actual (Budgetary Basis) -All Capital
Projects Funds 85 ,
Schedule 13 - Combining Balance Sheet-All Agency Funds 88
City of Rancho Cucamonga
Table of Contents
Schedule 14 - Combining Statement of Changes in Assets and Liabilities - All
Agency Funds 89
Schedule 15 - Statement of General Fixed Assets 93
Schedule 16 - Schedule of General Fixed Assets by Function and Activity 94
Schedule 17 - Schedule of Changes in General Fixed Assets by Function and
Activity 95
STATISTICAL SECTION
Exhibit 1 - General Governmental Expenditures by Function 96
Exhibit 2 - General Government Revenue by Source 97
Exhibit 3 - Assessed Valuation of All City Property 98
Exhibit 4 - Property Tax Levies and Collections 99
Exhibit 5 - Direct and Overlapping Property Tax Rate 100
Exhibit 6 - Special Assessment Collections 101
' Exhibit 7 - Direct and Overlapping Bonded Debt 103
Exhibit 8 - Legal Debt Margin(General Obligation Bonds) 104
' Exhibit 9 - Number of Permits 105
Exhibit 10 - Construction Activity - Building Permit Valuation 107
Exhibit 11 - Demographic Statistics 109
Exhibit 12 - Principal Taxpayers 111
Exhibit 13 - Purchased Insurance Policies 112
Exhibit 14 - Miscellaneous Statistical Information 113
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INTRODUCTORY SECTION 0
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' T H E C I T Y O F
QA NC ISO C UC A MONG 1�
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December 11, 1996
The Honorable Mayor
and Members of the City Council
City of Rancho Cucamonga
Rancho Cucamonga, CA 91730
Councilmembers:
1 Submitted for your information and consideration is the Annual Financial Report for the year
ended June 30, 1996. This is a combined report of the City of Rancho Cucamonga, Rancho
' Cucamonga Redevelopment Agency, Rancho Cucamonga Public Improvement Corporation and
the Rancho Cucamonga Fire Protection District.
The goal of the City of Rancho Cucamonga's financial staff is to strive for excellence in the
performance of the financial functions and reporting. The Government Finance Officers
Association of the United States and Canada(GFOA) awarded a Certificate to the City of
Rancho Cucamonga for its comprehensive annual financial report for the fiscal year ended June
30, 1995. The Certificate of Achievement is the highest form of recognition for excellence in
state and local government financial reporting.
In order to be awarded a Certificate of Achievement, a government unit must publish an easily
readable and efficiently organized Comprehensive Annual Financial Report (CAFR), whose
contents conform to program standards. Such CAFR must satisfy both generally accepted
accounting principles and applicable legal requirements.
The 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 eight consecutive years (June
' 30, 1988 through June 30, 1995). We believe our current report continues to conform to the
Certificate of Achievement program requirements, and we are submitting it to GFOA.
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' Mayor William J. Alexander \ Councilmember Paul Biane
Mayor Pro-Tem Rex Gutierrez _ Councilmember James V. Curatalo
Jack Lam, AICP, City Manager Councilmember Diane Williams
' 10500 Civic Center Drive < P.O. Box 807 o Rancho Cucamonga, CA 91729 ^ (909) 989-1851 • FAX(909) 987-6499
I. BACKGROUND INFORMATION
GENERAL INFORMATION ,
The City of Rancho Cucamonga currently has an estimated population of 115,900 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. '
REPORTING ENTITY AND ITS SERVICES '
The reporting entity is comprised of the City government, Rancho Cucamonga Redevelopment ,
Agency, 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 two
combined groups, namely: the Redevelopment Funds are included in the Capital Projects Fund
whereas the Tax Increment Funds are included in the Debt Service Fund. The Rancho Cucamonga
Public Improvement Corporation is shown in the Capital Projects Fund and 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 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. ,
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' FINANCIAL ADMINISTRATION
The Finance Department is structured under the Administrative Services Department with the
Director of Administrative Services having responsibility for Personnel, Risk Management,
Purchasing, Licensing, Resource Services, 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.
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
Councilmembers, City Clerk, and City Treasurer. The Mayor and Councilmembers are elected on
a staggered basis for a term of four years. There is no limit on the number of terms an individual can
serve as Mayor or as Councilmembers. The Mayor and City Council appoint the City Manager.
REPORTING STANDARDS
' The financial report has been prepared in conformance with the generally accepted accounting
principles as set forth by the Governmental Accounting Standards Board (GASB), applicable
pronouncements of the American Institute of Certified Public Accountants, and the full financial
disclosure guidelines of the Governmental Finance Officers Association of the United States and
Canada. The implementation of Statement No. 3 of the National Council on Governmental
' Accounting(adopted by GASB)defining the governmental reporting entity as including the City and
all of its related entities over which the City Council has continuing oversight responsibility, has
resulted in the preparation of this financial reports'format consolidating the financial data of the City
and all of its related entities.
FINANCIAL STATEMENT FORMAT
In accordance with the above mentioned guidelines, the report is divided into the following three
sections:
1. INTRODUCTORY SECTION: Contains the principal officers, City organization
' chart, and the letter of transmittal.
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2. FINANCIAL SECTION: Contains the auditor's opinion, combined financial ,
statement, and combining financial statements by fund type and individual funds.
3. STATISTICAL SECTION: Contains relevant financial and non-financial data
presenting historical trends and other information about the City.
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,
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.
RESPONSIBILITY ,
The responsibility for the accuracy of the data presented, the completeness and fairness of its ,
presentation, including all disclosures, rests with the City. The data, as reported, is believed to be
accurate in all material respects;and was designed in a manner to present fairly the financial position ,
of the City, Redevelopment Agency, Corporation,and Fire District at June 30, 1996, and the results
of its operations and changes in financial position. All disclosures necessary for the reader to gain
a maximum understanding of the City's financial affairs have been included. '
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.
ACCOUNTING SYSTEM AND BUDGETARY CONTROL ,
The City's accounting records are maintained on the accrual basis to the extent practicable for the '
independent certified public accountants who audit the accounting records of the City. This system
has been designed to provide reasonable, but not absolutely guaranteed, assurance that:
1. Assets have been protected from losses arising from unauthorized use or disposition. '
2. Financial records can be relied upon for preparing adequate financial statements and ,
for maintaining accountability for assets.
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II. HIGHLIGHTS OF FISCAL YEAR 1995/96
REDEVELOPMENT AGENCY
A. Economic Development/Marketing
The Agency continues to focus on business attraction, retention and expansion. The Agency
contracted with PHH Fantus to develop the Economic Development Strategic Plan for Rancho
Cucamonga, completed in January, 1996. The approved plan provides goals, objectives and
implementation tools to achieve optimum economic development results tailored to our community.
' Retention/Expansion-The business site visitations and tri-annual business receptions continued to
be a focus of the Redevelopment Agency.A total of 346 manufacturers were contacted and presented
with a welcoming packet with referral information and provided assistance as needed. The Agency
hosted three business receoptions for new businesses within the City in July, December and March.
Participants included Agency and City staff, Mayor and Council members, Small Business
Development Center (SBDC), Rancho Cucamonga Chamber of Commerce, Chaffey College and
Inland Empire Economic Partnership (IEEP). The Agency's Third Party Certification Program
provided assistance to seven existing and/or expanding businesses to bring their machinery into UL
compliance. The Agency also developed and implemented the City's first "Manufacturers
Appreciation Week" in May.
Marketing/Attraction - The Agency actively pursued regional tourism recognition with the Cities
of Ontario and Fontana by developing the"Tri-Communities Brochure"and participated in regional
' marketing activities and publications through the Inland Empire Economic Partnership (IEEP) and
International Conference of Shopping Centers (ICSC). The Fax on Demand Program was in full
force throughout this fiscal year and resulted in over 400 contacts. Local businesses and potential
clients received promotional skybox tickets to provide them with an opportunity to experience the
sports/entertainment 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 public relations packets. The City's Souvenir Shop is continuously updating and monitoring
merchandise. These quality souvenirs have carried the City's name across the United States to
' Chicago,New York, Minnesota and Alaska.
Capital Improvements - Over the past eight years the Agency has focused a significant amount of
capital effort in developing adequate flood control improvements. As a result, the Agency
determined that these significant flood control efforts merited an updated hydrology and flood report
to the Federal Emergency Management Agency (FEMA). As a result of the report, approximately
' 500 homes, as well as commercial and industrial acreage are no longer included in a flood zone.
Through the removal of the flood zone designation,property owners are no longer required to obtain
flood insurance and undeveloped properties are now able to develop without providing interim flood
' control improvements resulting in reduced local development costs.
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B. Affordable Housing
Rental Housing - Southern California Housing Development Corporation (SCHDC) rehabilitated
two existing apartment complexes within the City; Mountainside and Monterey Village. Agency
funds were combined with other financing obtained by SCHDC to acquire and rehabilitate a total j
of 608 units, of which half were made affordable.
Senior Housing - Prairie Pacific Development Corporation (PPDC) and the Agency entered into a '
Developer Dispositon Agreement (DDA) to construct 159 senior apartment units adjacent to the
City's library. PPDC obtained a four percent state tax credit to assist in financing the development. ,
This project is underway and construction is scheduled to commence in March, 1997. Occupancy
is anticipated to occur in 1998.
Home Ownership - The Housing Finance Agency, a joint partnership formed with the Cities of
Rancho Cucamonga and Chino, provided 18 affordable home mortgages to Rancho Cucamonga
households serviced through the California Rural Home Mortgage Finance Authority. Northtown ,
Housing Development Corporation (NHDC) has continued their single-family infill development
and down payment assistance programs through leveraging other public/private funds with Agency
funds. Twelve three-and four-bedroom homes have been developed on sites throughout the City for ,
purchase or lease/purchase option by income-eligible households. NHDC also completed new
construction of the 88-unit Villa Del Norte condominium project. These units are also for large
families having three, four or five bedrooms. Habitat for Humanity received Agency assistance to
construct a new single family house utilizing sweat equity and other grants and loans. The Agency
executed a consortium agreement with the County of San Bernardino's HOME Program which ,
includes down payment assistance and tenant-based rental assistance.
Discussions have begun with Neighborhood Housing Services to develop a program for first-time ,
homebuyers. The Agency is also considering a proposal to join San Bernardino County's HOME
Program,and a partnership with the City of Chino to develop a first-time homebuyers program using
Single Family Mortgage Revenue Bonds. It is anticipated that all three homebuyer programs will
be implemented in the 1995/96 fiscal year.
ENGINEERING
The most significant capital project for fiscal year 1995/96 was the completion of the design for the '
Haven Avenue Street and Storm Drain Improvements from Deer Creek Channel to Base Line Road,
and obtaining the necessary funding for the improvements. The project, which will be completed '
in fiscal year 1995/96, will widen Haven Avenue on the west side to three lanes by removing the
channel on that side of the street and replace it with a pipe. This is the first of a multi phase program
to fully widen Haven Avenue in the vicinity of the open channel. ,
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Construction of twelve acres of the Etiwanda Creek Park commenced, which will be completed in
fiscal year 1996/97. In conjunction with the park,East Avenue from Sumit Avenue to the north was
widened to accommodate the additional traffic for the park. Design was begun on widening East
Avenue from Summit Avenue south of Victoria Street. Jersey Boulevard design was completed with
construction set for fiscal year 1996/97. This project will improve the profile and cross section of
the street and also improve the badly deteriorating pavement.
Base Line Road was widened from two to four lanes from Day Creek Channel to Victoria Park Lane.
The project not only provided for the high volume of traffic through the area, it also improved the
alignment of the roadway resulting in a safer section of Base Line Road. This project eliminated the
final "bottleneck" on Base Line Road within the City.
The City rehabilitated over eight miles of residential and major streets during the year. The
relatively new rubberized slung process was utilized on these streets. This will not only extend the
life of the pavement but also provide a good skid resistance for increased safety.
The City installed traffic signals at Arrow Route and White Oak, and at Archibald Avenue and 8th
Street. A right turn lane was added at Archibald Avenue and Base Line Road to aid traffic flow.
Other projects included the rehabilitation of the Senior Center and the design of Lions Center
improvements. Construction of the latter is scheduled for completion during fiscal year 1996/97.
The City reconstructed damaged cobblestone curb on Etiwanda Avenue in keeping with the rural
development of the area. Community Development Block Grant (CDBG) funds were used to
improve 9th Street between Grove Avenue and Edwin Street. This project constructed curb and
gutter, sidewalks, street lights, and repaved the deteriorating pavement.
PLANNING
A. Current Planning
During the 1995/96 fiscal year,the Current Planning section processed a significant number of major
development projects, permit entitlements, and special projects as summarized below:
Staff processed a total of 723 applications of all types, ranging from Home Occupation Permits to
Tentative Tract maps.
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Major development projects which were processed included the Heritage Bag Manufacturing Plan,
Diversified Pacific Homes' 28-lot subdivision in Etiwanda,North Star Recycling, Office Max Price
Club Expansion,Kambian Distribution Center, AMPAC, Sacred Heart Church, and the Cucamonga
County Water District headquarters.
The continued strength of commercial construction also required significant attention during this past ,
fiscal year. Major projects that went through plan check and/or were under construction included
Koll Arrow Center, Home Depot, Masi Plaza, Villa Del Norte, Office Max, Price Club Expansion,
and North Star Recycling. ,
The Current Planning section was involved with many special projects. The first special project was
updating the Development Code,Industrial Area Specific Plan,and other regulatory documents. The
second special project was Route 30 Freeway Task Force.
B. Advance Planning '
A City-initiated commercial retail market study was undertaken and completed. The study was
intended to establish a current base line of commercial land use in the City and what would be a
healthy balance of new land use opportunities. In addition,staff processed nine Specific/Community
Plan Amendments, two Development District Amendments, and nine General Plan Amendments.
Four new County and twenty-one new governmental referrals were received and reviewed. Two of
the County and eight of the government referrals required a response. '
The County referrals requiring a response included the following:
• Notice of Preparation for the San Sevaine Redevelopment Project Area ,
• West Valley Juvenile Detention Facility
The governmental referrals requiring a response included the following:
• EIS for the Cajon Pipeline Project ,
• RP#4 Outfall Alignment.
• Recovery Plan for the Delhi-Sands Flower Loving Fruit Fly. '
• Guasti Plaza's Specific Plan.
• PUC Rules.
• West Gate Specific Plan ,
• Ontario Mills Mall
• City of Upland's General Plan Update
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Historic Preservation accomplishments included the following:
• Designated four residences(Hickox, Cour, Maloof, and Palmer) as Landmarks, and
two sites as Points of Historic Interest(Sacred Heart Church and Etivista Winery).
• During this period,five Landmark Alteration Permits were processed and three Mills
Act Property Tax Reduction Agreements were entered into by land marked property
owners to reduce property taxes and secure on-going maintenance for the Hickox,
Cour, and Palmer Residences.
C. Community Development Block Grant Administration
This year saw the completion of several capital and facility improvement projects, including
construction of improvements on Calaveras Avenue from Arrow Route to 9th Street and completion
of 98 percent of the improvements on 9th Street from Grove Avenue to Edwin Street. Other work
included sidewalk repair and replacement throughout target neighborhoods resulting in a total of
5,294 square feet of sidewalk replacement. In order to accommodate handicapped persons, the City
installed approximately 7,572 square feet of handicapped curbing. The third phase of interior
improvements to the City's Senior Center,including replacing interior lighting and adding chair rails
and new carpeting were completed. Finally,design work for the Lion's Center East improvements
were completed.
The City-run Home Improvement Program offers eligible residents grants or deferred payment loans
to complete needed repairs to their homes. A total of 40 lower income households were assisted
through this program, with a total of 4 loans, 12 grants and 24 emergency grants completed. In
addition, another 72 households were assisted with minor home repairs.
A range of public service activities are funded through the Community Development Block Grant
Program including youth programs, graffiti removal, and food and shelter assistance. A total of 69
at-risk youth were provided after school activity and guidance. Approximately 16,620 square feet
of graffiti was removed from target neighborhoods; the City continued to fund landlord/tenant and
fair housing services to approximately 328 households. Additionally, public services were provided
to assist 147 homeless or near homeless individuals by providing four families with transitional
shelter and assistance toward obtaining permanent housing and 3 battered spouse households were
provided shelter at the House of Ruth. In addition,23, 805 meals were provided to 1,587 households
in need.
tThe 1996-97 Consolidated Annual Plan and the 1994-95 Annual Performance Report were both
completed during the 1995/96 fiscal year.
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BUILDING AND SAFETY
Building activity for Fiscal Year 1995/96 was approximately one hundred and twenty million '
dollars. Major retail outlets contributed to a third consecutive year of sustained activity. These
outlets included Home Depot and Office Max. Frito/Lay also completed a major expansion to their
facility.
Building and Safety is now a fully integrated division providing all plan checking and inspection for
conformance to Uniform Building and Fire Codes and Code Enforcement of Municipal Code
Property Maintenance Standards.
COMMUNITY SERVICE
The Community Services Department continued to devote its energy during fiscal year 1995/96 to
the provision of quality cultural, recreational, senior and human services programs as well as ,
providing administrative support to the events held at the Epicenter. Demand for Community
Services to address the needs of the residents and their families remained high. The 1995/96 fiscal
year found the Community Services Department reassessing or improving existing
programs/services. The following major activities were accomplished:
A. Youth Programs and Activities
The very popular Play School Program(operated September-June)for youngsters from one to five
years old continued to provide classes to more than 450 children, enhancing their social skills while
creating a fun environment in which to learn. Play Camp,which operates in July and August serves
up to an additional 250 children.
The Contract Classes Program continued to be a successful part of the Community Services
Department. In 1995/1996, we offered more than 1,000 classes throughout the year and provided
leisure activities to more than 8,000 individuals.
Annual events continuing to garner the enthusiasm and participation of the community included: ,
♦ The annual Breakfast with Santa was offered and saw more than 200 children and parents ,
celebrate the holidays, make a craft, sing songs and dine with Santa! Breakfast was
provided as a community service project by the Rancho Grande Kiwanis Club.
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♦ The Egg Hunt,held at three sites,Red Hill Park,the Epicenter,and Windrows Park is always
a popular event bringing out more that 2,000 participants.
♦ Other activities included a nine-week Summer Day Camp, and the Kid Explorers Summer
Program.
B. Family Program/Activities
' Family oriented programs and activities also offered during fiscal year 1995/96 included:
♦ The 4th of July celebration at Red Hill Community Park where over 7,000 residents enjoyed
a fun-filled day in the park.
♦ The 11th annual season of Concerts in the Park presented six concerts offering a variety of
music where nearly 9,400 residents enjoyed evenings of music under the stars.
♦ Art in the Park provided a day of cultural arts and crafts,dancing,music,magic,puppets and
more representing various cultures of our community to approximately 6,000 community
members.
♦ Over 18,000 residents celebrated our City's 18th anniversary of cityhood by attending our
Founders Day Parade and Celebration held on the second Saturday of November with a
theme of"Through the Eyes of a Child."
♦ Movies in the Park provided nearly 12,575 residents with six weeks of family movies on
Tuesdays and Fridays. Special theme contests were offered to enhance the program.
♦ The community usage of the four reservable parks in the City of Rancho Cucamonga
(Heritage, Red Hill, Coyote Canyon, and Hermosa) had an estimated attendance of 69,391
in 1995/96.
♦ The following facilities were also utilized by community residents during fiscal year
1995/96: Equestrian Center (4,970), Amphitheatre (11,163), and Civic Center Courtyard
(1,560).
C. Teen Programs and Activities
Teen Recreation Activity Club (TRAC) meets monthly during the school year to plan activities and
discuss future programs. They also sponsor an annual Christmas Party and End of the Year Party and
' are recognized for their service each May at the Park and Recreation Commission meeting. TRAC
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members also receive a monthly newsletter(TRAC Tattler) with information about upcoming activities
and volunteer opportunities. Thanks to the active participation of young adults in the TRAC, many
programs and activities were supported through their volunteer efforts.
♦ Teen Snack Bars operated at various community and special events throughout the year
helping to raise funds for teen activities.
♦ Night on the Town is a teen operated babysitting service through which 50 youth volunteered
their services bi-monthly to help parents get a little "R & R" while at the same time
providing entertaining and enriching activities for youngsters. ,
♦ Our second annual Teen Job Fair and Job Skills Workshop was held in May and attracted
over 200 teens. The Job Fair featured educational sessions and a local business vendor fair. '
♦ The Teen Learning Center was planned in fiscal year 1995/96 and implemented in the
summer of 1996. Thirty-three(33)teens volunteered over 2,500 hours of community service
during the 8 weeks of summer.
D. Sports
The City continued its second year of Youth Roller Hockey at the expanded parking lot on Rochester ,
across from the Epicenter. Over 1,900 boys and girls participated. Portable rinks were used and
games/practices were scheduled around the Quakes baseball season and special events to ensure multiple
use of the parking lot. This three season program ranked 3rd highest participation in California among
roller hockey programs and i st highest in the state amongst cities.
Summer Swim Lessons attracted over 3,300 participants. This is the largest summer swim lesson ,
program in the County of San Bernardino. Over 5,100 children participated in the recreational swim
program.
Pee Wee Soccer in its fifth year grew from 420 to 740 participants this last year, and Pee Wee Baseball
attracted 750 three to five year olds to learn the basic fundamentals of baseball. We now have two
seasons of soccer, Spring and Fall.
This was the second year of use at the Rancho Cucamonga High School for the youth basketball program ,
(750 boys and girls participated). This was due to our joint use agreement which allowed gym use in
exchange for allowing the high school to use the Epicenter for their graduation ceremonies. This year ,
youth basketball dropped all fundraising and went to team sponsorships. The amount raised increased
by over$10,000 this year to a total of$40,000.
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The Pee Wee Sports program reduced its staff and began utilizing 160 volunteers (25-35 year olds)
instead. The more mature volunteers have provided a better all around program. Each season was also
' expanded from 5 to 7 weeks due to the cost savings.
The City's adult softball program increased from 432 teams to 456 teams (7,560 participants). The City
expanded its sport opportunities for women by starting its first Women's Six-aside Soccer League with
18 teams (180 participants). 3-on-3 women's basketball league had 4 teams with 16 players.
Men's Flag Football grew from 11 teams to 28 teams(280 players)and adult coed volleyball grew from
11 teams to 18 teams (180 players).
E. Senior Programs/Activities
Following the completion of renovations the senior center was officially dedicated on June 22, 1996.
Ceremonies were incorporated into the annual Senior Citizens Fine Art Show. Both events attracted a
large amount of participation from residents young and old.
As result of the renovations and some program re-organization we were able to add the center's
Thompson Room to our programming. Currently the room is used as a drop-in, where seniors can read,
work on puzzles, or watch television. Coffee is provided free of charge by Secure Horizons and the
Daily Bulletin newspaper and morning orange juice is provided by Health Net.
Among some of the on-going scheduled events at the Center are six major holiday related events which
are co-sponsored with the Rancho Cucamonga Senior VIP Club. In addition, there are six (6) mini-
events that are organized entirely by center staff.
Classes at the Center included aerobics, crafts, mature driving re-training, and line dancing, all of which
are available for a nominal fee. In addition, activities such as pool, cards, scrabble, and checkers are
offered at no cost. Entertainment consists of Senior Cinema twice a month in the afternoon, and
ballroom dancing on the first Tuesday and second Saturday of the month.
The Old-timers Foundation continues to provide meals for our daily nutrition program. In addition to
providing meals for walk-ins,they also deliver meals to seniors who are homebound. Also, our end of
the month birthdays for seniors are co-sponsored by the Old-timers Foundation.
' F. Human Services Programs/Activities
During Fiscal Year 1995/96 over 70,000 information and referral requests from the community at large
pertaining to a variety of questions and needs such as food stamps, senior services, health care,
xiii
housing, emergency food banks, job training and placement sources were handled. Physical
examinations and immunizations (sponsored by the San Bernardino County Department of Public
Health)were given to children, adults and seniors at the Senior Center on a monthly basis. Omnitrans '
bus passes and I.D. cards were also sold at the Center. Daily Nutrition meals provided through a
contract with the Old-timers Foundation, health screening, legal aid, blood pressure screening, home
visits and phone calls, insurance counseling, peer counseling, and monthly surplus food distribution for ,
seniors are all offered as part of our Human Service Program. In addition,numerous information/referral
publications have been developed to assist the community including a comprehensive community
resource directory, a senior housing directory, a child care directory, adult day care resource list, and
emergency services resource listings.
Annual events included the Community Health Fair, a Flu Shot Clinic (900 shots were given during the '
1995/96 clinic), a Holiday Basket Program providing food to 600 needy families, and the annual
recognition program for the City's 700 volunteers who assist the City in the delivery of its programs,
activities and services. t
A highlight of our human service programs for fiscal year 1995/96 continued to be the "The Doctor Is ,
In"series presented monthly by a volunteer physician in the community. Health related topics included:
Kidney and Urinary Tract Infections, Diabetes, Breast Cancer, Dizziness and Falls, Depression and
Anxiety, and Heat Exhaustion/Heat Stroke. In addition two special presentations were provided for the
community;one on Signs, Symptoms of Thyroid Disorders,the other the Treatment of Thyroid Diseases
including a presentation on the psychological affects.
Informational presentations of interest to the community were also presented monthly on a wide variety
of topics including, Getting Your Affairs in Order, Elder Abuse, Stress and Caregiving, The New Age
of Libraries, Eating for a Healthy Heart and How to Wrap Up Holiday Stress.
G. Epicenter Events & Rentals
Thirty-five (35) bookings took place during fiscal year 1995/96 at the Rancho Cucamonga Epicenter.
Events included such activities as the a Symphony Concert Series, Willie Nelson and Waylon Jennings
Concerts, two Home Shows, Credit Union Auto Show, Scout-O-Rama, and the City's Founders Day
Celebration. A. B. Miller High School and Rancho Cucamonga High School graduation ceremonies
and several commercial filmings were also hosted at the stadium.
H. Other Highlights '
The City's quarterly newsletter, The Grapevine, serves as a strong link in uniting the three founding
communities of Alta Loma, Cucamonga and Etiwanda. In addition,the quarterly newsletter informs the
xiv
City's rapidly growing population of new policies,development,activities and recreational opportunities
taking place in the community.
POLICE DEPARTMENT
A. COPS More Grant/TRU Program
During the 1995/96 fiscal year it was proposed that a Telephone Report Unit (T.R.U.) Program be
initiated within the Police Department. This program enables citizens to report selected types of
crimes via telephone. The resulting time savings allows field officers more unobligated patrol time. In
conjunction with this program the Police Department received a Federal COPS MORE Grant to help
offset the cost of the TRU. The time saved by the TRU has equated to the equivalent of placing two (2)
additional officers on patrol.
B. Crime Free Multi-Housing Project
The Crime Free Multi-Housing Project(CFMHP)was initiated for the purpose of addressing the crime
problem that exists in rental properties. It creates a coalition between landlords,tenants, and local law
enforcement. The program is divided into three(3)phases and at the conclusion of each phase the rental
complex/manager is given a Crime Free Multi-Housing Sign to post on their property. To date more
than half of the apartment complexes in the City have become an active part of the program and it is
anticipated that there will be a reduction in crime and calls for service in the future.
'. C. COPS Universal Grant
The Police Department applied for and received notification that we had been awarded the COPS
Universal Grant. This three (3) year grant program will provide partial funding for an additional five
(5) patrol officers. The balance of the funds for these new officers is to come from a California State
Grant Program as established under Assembly Bill 3229 to be administered by a five member committee
titled Supplemental Law Enforcement Oversight Committee comprised of various municipal and county
officials selected in a manner yet to be determined. The increase in sworn personnel staffing for Rancho
Cucamonga will greatly assist the City in its ever vigilant effort to maintain an acceptable level of
proactive patrol time.
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1
LIBRARY r
In September of 1994, the City opened the doors of its first municipal public library. Now celebrating ,
two years of service, the library welcomes an average of 1,000 visitors through its doors each day.
Today, with over 100,000 books and media collections that range from video to CD Rom discs, the
library loans more than %z million items to its residents each year.
Over 90,000 information questions were answered by a staff of five during this past fiscal year. The
Library also added Internet access to its list of services and,as a result,the Information Staff is now able ,
to instantaneously access the Internet and provide up to date information services to the public from the
cyber super highway. '
In fiscal year 1995/96, over 20% of the Library's budget was generated by fees, fundraising and
grantsmanship. Working with a Friends of the Library group additional revenues of $50,000 was raised
via donations. The creation of a Library Foundation has been warmly received and set a fiscal year
1996/97 fundraising goal at over $70,000. Fines and fees continue to be evaluated and a fee based
Technology Center, partnered by local business, is in the planning stages for 1997. ,
CASH MANAGEMENT r
Cash not immediately needed to finance City operations during the year was invested in short-term
money market instruments 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,
mortgage securities and the State's Local Agency Investment Fund (LAIF). During the fiscal year
1995/96, 95%of the idle cash was invested. It is the objective of staff to attain a greater percentage of
invested funds, while maintaining 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 of this report presents more detailed information about these issues. '
On August 17, 1995 the Rancho Cucamonga Redevelopment Agency entered into a three year term loan
in the amount of$21,000,000 to fund the Mountainside,Monterey Village and Sycamore Springs project
in conjunction with the Southern California Housing Corporation. Principle and interest are payable
semi-annually commencing on March 1, 1996. The loan is intended to be paid off with bond proceeds
which were issued in September 1996 as follows. ,
xvi
rOn September 1, 1996 the Rancho Cucamonga Redevelopment Agency issued 1996 Housing Set-Aside
Tax Allocation Bonds in the amount of$37,665,000 to be used to repay to Sanwa Bank existing loans
in the amounts of$28,710,670 and to complete projects for which those loans were originated. This
bond issue consists of$8,790,000 of serial bonds with maturities beginning September 1, 1997 through
September 1, 2006 and $28,695,000 of term bonds maturing thereafter.
RISK MANAGEMENT
During fiscal year 1995/96, the City of Rancho Cucamonga continued its commitment to risk
management programs for safety, general liability and workers' compensation. Aggressive claims
handling and a strong litigation stand have assisted in maintaining 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 minimize accident-related losses and
exposure by the public.
The City of Rancho Cucamonga is self-funded for the first$100,000 of loss for general liability claims
and purchases coverage from$100,000 to$10.0 million dollars in loss. 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 safety of the public and city employees and to reduce the financial
exposures from catastrophic losses within the City's boundaries.
III. PROSPECTS FOR THE FUTURE
One time reimbursements, inter-fund transfers, and budget cuts in the previous fiscal years allowed
General Fund revenues, such as sales tax, to catch up and replace these short term solutions. This
stabilization process and the coming back to life of the Southern California economy will help to
improve the stability of services. The biggest challenges will continue to be costs imposed by other
agencies that cannot be passed on (such as law enforcement overhead charges) and additional attacks
on revenue(think Jarvis and Proposition 218).
Our assessment districts currently remain stable at level "A" service with increased costs absorbed
through continued reductions in water usage due to the completion of automated monitoring. These
districts have not received increases for four years and automation will eventually run its course of
savings. However,the Jarvis Initiative recently passed on the November ballot, may alter the ability for
assessment districts to keep up with costs of maintenance, thereby calling into question the ability for
cities to keep up with growth demands on services in the future. A preliminary review of the City's
districts, in light of Proposition 218, reveals that all of the lighting districts appear to be in the exempt
xvii
r
category by virtue of being covered under the streets exemption. All other special districts originated
shortly after incorporation as property owner petitioned districts and as a result are "grand fathered".
However, current interpretation (subject to legislative or court action) is that in the future, when and if
these districts require an increase, the increase would be subject to a property owner vote. Right now
it appears that only Park District 85 (Red Hill and Heritage Parks)will require prgperty owner validation ,
prior to July 1, 1997. Staff is busily researching procedures and alternatives in order to present a
mutually beneficial process to handle this new requirement.
Library services were fully implemented in fiscal year 1994/95 with the transfer of the San Bernardino
County Library Tax revenue to the City and the opening of the new library (as pictured on the cover of
this report). The transition between County and the City has been tremendously successful with a much
higher level of service and exceptional community support. The challenge for the Library, which
remains dependent upon a slowly declining property tax, is meeting the demand for expanded services
despite limited financial resources. In an effort to meet these demands,the Library continues to explore
innovative ways to provide more varied and higher levels of service in the most cost efficient manner
possible. Partnerships with the community are constantly being developed, and the Friends of the
Library Bookstore continues to greatly enhance the opportunity for the community to provide support
for the Library. With continued excellent management,an entrepreneurial spirit,and community support
through the Friends' organization,the Library has been able to cope and maintain its services.
The City's law enforcement contract with San Bernardino County Sheriffs Department continues to rise
in cost with a six percent increase effective in 1995/96 due to labor negotiations and an additional
overhead charge. The cost of this contract service continues to escalate annually beyond the CPI and,
with this latest adoption of an additional overhead charge, it is recommended that the City again look
at the feasibility of its own police department to enable better control of its future and its costs. The City
must look at the fiscal as well as the service components of its local law enforcement and has a
responsibility to explore options to better control its own destiny.
Effective August 1996, City Council applied an accelerated version of the previously approved Utility
Tax reduction formula. City Council has always maintained that if greater reductions could be ,
accomplished beyond the formula, such would be directed. The increased reduction will see the utility
tax rate reduced nearly 10%from 4.66 to 4.21. Additionally the"cap"will be reduced by approximately
40% from $50,000 to $30,000 for industrial /business users with high utility usage.
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 comes to life, additional imposed costs will continue as well as limitations on
revenues. The new Jarvis initiative will severely affect the ability of the City to obtain revenues to
handle future growth. The State will continue to "tinker" with the revenue system in ways that will
impact local government, usually negatively. 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.
xviii
IV. FINANCIAL STATEMENT ANALYSIS
The fiscal operations of the City are primarily accounted for in the Governmental Funds which include
the General, Special Revenue, Debt Service, and Capital Project funds.
REVENUE ANALYSIS
The total fund equity (aggregate fund balances) in these funds of$171.6 million reflects an increase of
$16.4 million over the previous fiscal year. Total financing sources available during the year amounted
to approximately $127.8 million. Of this amount, $87.2 million was from governmental fund type
resources, $27.1 million was from debt proceeds, and $13.5 million was from operating interfund
transfers.
The following is a recap of the 1995/96 fiscal year general governmental fund type revenues by major
source. Also presented is the percentage each source represents of total revenues, and the increase or
(decrease) over the prior year.
REVENUE BY SOURCE
`. (amounts in thousands)
Increase/
Revenue and Other 1995/96 Percent (Decrease)
Financing Sources Revenue Of Total From 1994/95
Taxes $ 57,538 45.0 % $ 4,178
Licenses & Permits 1,594 1.2 ( 20 )
Fines &Forfeits 291 0.2 ( 124 )
Use of Property & Money 8,473 6.6 1,626
Intergovernmental 11,179 8.7 ( 2,483 )
Charges for Services 2,746 2.1 622
Development Fees 2,714 2.1 ( 84 )
' Other 2.718 2.1 760 )
Total Operating Revenue: $ 87,253 $ 2,955
Gain/(Loss) On Sale Of Land -0- 0.0 ( -0-)
Debt Proceeds 27,117 21.2 16,968
Excess Funds From Bond Trustee 18 0.0 18
Operating Transfers In 13,488 10.6 1,183
,- Miscellaneous ( 51 ) 0.0 649
TOTAL FINANCE SOURCES: $ 127.825 100.0 % $ 24.283
xix
r
The increase in debt proceeds is due to the Redevelopment Agency's execution of a three year term loan
to fund the Mountainside, Monterey Village and Sycamore Springs projects in conjunction with the ,
Southern California Housing Corporation. This loan is intended to be paid off with bond proceeds that
were issued September 1, 1996.
The $4.2 million increase in tax revenue is reflected in both additional property tax increment to the ,
Redevelopment Agency of approximately $2.0 million, and additional sales tax receipts of
approximately $1.4 million, as Rancho Cucamonga continues to see a rise in retail and commercial '
facilities both expanding and relocating into our community.
The increase in Gain/Loss On Sale Of Land appears above only as a comparison to the Redevelopment
Agency's prior year land sale and reveals only that there was no activity in this area for the current fiscal
year. ,
The decrease in Intergovernmental revenues represents both the increase in Motor Vehicle Fee revenues
of$335,222 and the decrease of monies (-$2.6 million) received mainly through the special revenue
funds of the Metrolink project which is indicative of that project's completion in the prior year.
Once again Use of Money and Property increased over the prior year($1.6 million) due almost entirely
to increased income from investments. Income from investments was able to increase over the prior year
for the second time in approximately six years due to a more stable cash flow and an increase in funds
available to invest.
A slight increase in developer activity is seen via the rise in revenues from Charges For Services,
specifically related to Planning and Engineering fees.
EXPENDITURE ANALYSIS
During the 1995/96 fiscal year, expenditures and interfund transfers amounted to approximately $111.4 r
million which reflects an increase of$6.8 million when compared to the previous fiscal year.
The following is a recap of the 1995/96 fiscal year expenditures and interfund transfers by major '
function, including the percentage each function represents of total expenditures, and the increase or
(decrease) over the prior year.
1
xx
EXPENDITURES BY FUNCTION
(amounts in thousands)
Increase/
1995/96 Percent (Decrease)
Expenditures Of Total From 1994/95
General Administration $ 8,701 7.8 % $ ( 3,674 )
Public Safety 9.417 8.5 364
Public Safety -Fire 8,951 8.0 ( 130 )
Engineering & Public Works 8,981 8.1 ( 96 )
Community Development 6,489 5.8 ( 676 )
Community Services 3,725 3.3 1,024
Capital Outlay 31,168 28.0 4,937
Debt Service 14.118 17.6 5.515
Total Government Expenditures: $ 97,065 $ 7,264
Operating Transfers Out 14.354 12.9 497 )
LTOTAL EXPENDITURES: $ 111.419 100.0 % 6.767
Capital Outlay increased over the prior year by $4.9 million largely due to the Redevelopment Agency's
increased activity in affordable housing projects (+ $10.2 million) and a decrease of$2.1 million when
compared to the prior year due to a long term debt reclassification from Capital Outlay to Debt Service.
The remaining decrease from prior year of$3.2 million is due to the City's 1994/95 completion of the
Metrolink Station
General Administration expenditures decreased from the prior year by$3.7 million. The Redevelopment
Agency reflects a $1.4 million decrease when compared to the prior year due to a long term debt
reclassification from General Administration to Debt Service. The Agency also shows a$1.2 million
reduction as the prior fiscal year saw the completion of the initial inventory purchase for the opening
' of the City's new library facility. Another reduction in General Administration is the credit entry of
approximately $1.0 million to fiscal year 1995/96 personnel overhead costs in order to appropriately
reflect the prepaid contributions at the Public Employees' Retirement System (PERS). It is important
' to note that these prepaid PERS costs do not represent available spendable resources even though they
are a component of total assets.
The increase in Debt Service is primarily a result of the Redevelopment Agency's above mentioned
reclassifications to debt service. Also impacting the Redevelopment Agency's debt service expenditures
is the first payment in March 1996 of the three year term loan initiated on August 17, 1995 and
mentioned earlier in this report.
xxi
Community Services shows an increase over prior year of$1.0 million due primarily to a litigation
settlement($.7) stemming from a 1989 park site condemnation purchase which was ultimately settled
in fiscal year 1995/96. During this time, these funds were held on deposit and reflected as such in the
financial statements until final settlement was made in 1995/96 and the funds were released and
expenditure recorded. The remaining increase is the result of three grants received by the City's Library
Services Department(California Literacy Campaign Grant, the Major Urban Resources Library Grant,
and the Weingart Foundation Grant) and some minor increases to Community Service's recreation
programs.
PROPRIETARY FUND TYPES
A. Internal Service Fund
The City maintains an internal service fund for Capital Replacement/ Fleet Maintenance. This fund is
supported by user charges to customers. Internal service funds account for services to the various
departments within the City. The following represents activity during the current (1995/96) and the
previous (1994/95) fiscal years:
1994/95 1995/96
(amounts in thousands)
Operating Revenues $ 389 $ 327
Non-Operating Revenues 245 414
Operating Transfers In 2.403 500
Total Finance Sources: $ 3,037 $ 1,241
LESS: Operating Expenses 103 ( 76 )
NET INCOME/ (LOSS): 2 934 1 165
The Internal Service Fund (Capital Replacement/Fleet Maintenance) increased its retained earnings by
approximately $1.2 million. The fees to the Internal Service Fund are a combination of direct transfers
of funds approved during the budgetary process and a formula to recapture vehicle and equipment costs. ,
A. Enterprise Fund ,
This enterprise fund was established for the Rancho Cucamonga Sports Complex, more commonly
known as the Epicenter. This fund is supported by charges to customers, rental fees, and an admission
xxii
' tax. This fund accounts for personnel and operating costs directly associated with the operations of this
facility. The following represents activity during the current(1995/96)and the previous(1994/95)fiscal
years:
1994/95 1995/96
(amounts in thousands)
Operating Revenues $ 706 $ 1,053
Non-Operating Revenues 584 207
Operating Transfers In 143 366
Total Finance Sources: $ 1,433 $ 1,626
rLESS: Operating Expenses ( 1,169 ) ( 2,108 )
PLUS: Add Back Depreciation Related
To Contributed Capital: 0 419
NET INCOME/(LOSS): 264 63
The Enterprise Fund had a net loss of$62,788 during the 1995/96 fiscal year.
V. GENERAL FIXED ASSETS
General fixed assets of the City are those fixed assets used in the performance of general governmental
functions and exclude the fixed assets of Proprietary Funds. As of June 30, 1996 the general fixed assets
of the City amounted to $111,622,070. This amount represents the original cost of the assets, net of
additions and deductions from July 1, 1995 to June 30, 1996 and is considerably less than their present
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 the City
Council. The auditor's opinion has been included in the Financial Section of this report.
xxiii
VII. ACKNOWLEDGMENTS
The cover photograph on this 1995/96 Comprehensive Annual Financial Report(CAFR),taken by David
A. Gautreau of The Control Room, is the City of Rancho Cucamonga's Public Library facility located
at 7368 Archibald Avenue. City library services were implemented in fiscal year 1994/95 with the
transfer of San Bernardino County Library Tax revenue to the City and the opening of the City's own
facility. The City's library is double the size of the previous County Branch Library and has a collection
over 40%greater than the previous branch. The library welcomes an average of 1,000 visitors each day
and loans more than %2 million items to its residents each year.
The preparation of this report on a timely basis could not have been accomplished without the efficient
and dedicated services 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. We also recognize and would like to acknowledge
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 Lam, AICP Susan M. Stark
City Manager Finance Officer
xxiv
sms:hd&dsk:wp\cafr696
CITY OF RANCHO CUCAMONGA, CALIFORNIA
CITY OFFICIALS
JUNE 30, 1996
CITY COUNCIL
IName Term Expires
William J. Alexander Mayor 1998
Rex Gutierrez Mayor Pro Tem 1996
Paul Biane Councilmember 1996
James V. Curatalo Councilmember 1998
Diane Williams Councilmember 1998
ADMINISTRATION AND DEPARTMENT HEADS
City Manager and Executive Director of the
Rancho Cucamonga Redevelopment Agency Jack Lam
Deputy City Manager Jerry Fulwood
City and Redevelopment Agency Attorney James L. Markman
' Treasurer (term expires 1996) James Frost
�. City Clerk(term expires 1996) Debra Adams
Redevelopment Agency Manager Linda Daniels
Interim Administrative Services Director Linda Daniels
rFinance Officer Susan Stark
City Planner Brad Buller
Building Official Bill Makshanoff
City Engineer Joe O Neil
Community Service Manager Suzanne Ota
' Library Manager Debra Clark
xxv
The Rancho Cucamonga Team
CrrY wLINCIL
(RDA BOARD) ___ CTTY CLERK ___ C[I Y TREASURER
(FIRE BOARD)
PARK&RECREATION BOARDOFLIBRARY PLANNING!
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ABOUT RANCHO CUCAMONGA
Rancho Cucamonga is situated in the southwest corner of San Bernardino County, 37 miles east of downtown Los Angeles and 15 miles
west of downtown San Bernardino. The San Gabriel Mountains rise majestically to the north and the communities of Upland, Ontario and
Fontana surround the City on the west, south and east respectively. In a region known as the West Valley, Rancho Cucamonga is
strategically located at the hub on an extensive transportation network and within short commute distances of major employment centers
in southern California. The city encompasses the 37.5 square miles which originally made up the communities of Cucamonga, Alta Loma
and Etiwanda, becoming the incorporated City of Rancho Cucamonga in 1977.
Certificate of 1
Achievement
for Excellence 1
in Financial
Reporting 1
Presented to ,
City of Rancho Cucamonga,
California ,
For its Comprehensive Annual
Financial Report
for the Fiscal Year Ended
June 30, 1995 '
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 1
systems whose comprehensive annual financial
reports (CAFRs) achieve the highest
standards in government accounting
and financial reporting.
♦
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MEDAL >
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V Executive Director
xxviii
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-- --------- ------ ---------- - --------------
California Society of Municipal Finance Officers
Certificate of Award
Outstanding Financial Reporting 1994-95
I
Presented to
x � i
City of Rancho Cucamonga
This certy1cate is issued in recognition of meeting professional standards and criteria in reporting which reflect a high level of quality
in the annual financial statements and in the underlying accounting system from which the reports were prepared
I
February 26, 1996
;J 2
Chair,Pr sional d Technical&andards Commiaee
--- `� ``�.•_• ,61 President
86 Dedicated to Excellence in Municipal Financial Management 39 I-- '
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203 North Brea Boulevard Brandon W.Burrows
' MLLanlce Donald L.Parker
1 6 Suite 203 Michael K.Chu
hard Brea, CA 92821-4056 David E.Hale
9 (714)672-0022 pI s Retired"
Fax (714) 672-0331 Robert C Lance
CERTIFIED PUBLIC ACCOUNTANTS Richard C.
S
chard C.Still
Fred J.Lunghard,Jr.
City Council
City of Rancho Cucamonga
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, 1996 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, 1996, 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
MEMBER
CALIFORNIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS
' AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS
\\�]���LS'llance
Lunghard r
City Council '
City of Rancho Cucamonga ,
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.
August 26, 1996 1
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CITY OF RANCHO CUCAMONGA Exhibit A
COMBINED BALANCE SHEET•ALL FUND TYPES
AND ACCOUNT GROUPS
JUNE 30,1996
PROPRIETARY 'FIDUCIARY ACCOUNT GROUPS
GOVERNMENTAL FUND TYPES FUND TYPES FUND TYPE General General TOTALS
Special Debt Capitalnterna Fixed Long-Term (Memorandum Only)
ASSETS AND OTHER DEBITS General Revenue Service Projects Enterprise Service Agency Assets Debt 1996 1 9 9 5
Cash and Investments(Note 3) $26,481,796 $24,187,846 $14,261,260 $65,963,881 $ 289,220 $7,185,599 $10,177,064 $ - $ $148,546,666 $129,413,761
Cash and Investments with trustee(Note 3) - 5,822,459 - - 4,541,108 - - 10,363,567 11,104,892
Restricted cash(Note 3) - - - 7,421,981 - - 7,421,981 7,037,141
Investment-land held for resale(Note 1) - - 10,778,871 10,778,871 10,778,871
Receivables(net of uncollectibles): 2,628,434 2,207,461 605,602 9,885,840 120,532 - 98,676 - 15,546,545 15,844,879
Prepaid PERS costs(Note 4) 1,096,403 - - - - - 1,096,403
Due from other funds(Note 13) 1,415,494 102,751 97859 43,868 - - 1,659,972 7,839,147
,
Deposits 8,991 - - 532,250 - - - - - 541,241 1,217,586
Advances to other funds(Notes 6 and 13) 14,772,211 - - 4,290,000 - - - - - 19,062,211 17,868,263
Fixed assets-net book value
(Notes 7 and 8) - - 20,547,755 528,828 - 111,622,070 - 132,698,653 130,534,399
Amount available in debt service funds - - - - - - - - 19,519,025 19,519,025 19,908,970
Amount to be provided for retirement of
general long-term debt - - - - - - 159,341,866 1599341,866 141,277,880
Total Assets and Other Debits $46,403,329 $26,498,058 $20,787,180 191,494,710 $20,957,507 $7,714,427 $22,238,829 $111,622,070 $178,860,891 $526,577,001 $492,825,789
LIABILITIES,FUND EQUITY AND OTHER CREDITS
Liabilities:
Accounts payable $ 491,264 $ 979,480 $ 1,169,551 $ 41,117 $ 113,747 $ - $ 66,626 $ - $ - $ 2,861,785 $ 3,057,774
Accrued payroll payable 162,802 305,410 - - 17,067 - 4,923 - 490,202 301,877
Accrued employee benefits(Note 11) 1,230,843 566,850 - - - 1,548,085 3,345,778 3,137,639
Deposits - - - 3,864 - - 7,410,037 - - 7,413,901 6,954,868
Due to other funds(Note 13) 66,160 1,300,511 97,993 128,525 66,783 - - - - 1,659,972 7,839,147
Due to other governments 216,844 611 - - - - 217,455 142,841
Deferred revenue(Notes 6 and 10) 6,453,936 80,079 - - - - 6,534,015 5,731,480
Deferred compensation payable(Nota 16) - - - - - 4,541,108 - 4,541,108 3,779,174
Obligation under capital leases(Note 11) - 149,159 - - 726,181 875,340 979,015
Bond Indenture reserve requirement - - - - 1,457,580 - 1,457,580 1,457,580
Payable to trustee - - - - 8,758,555 - - 8,758,555 8,594,770
Advances from other funds(Notes 11
and 13) 300,000 - - - - - - 18,762,211 19,062,211 17,868,263
Bonds and notes payable(Note 11) - - - - 113,360,000 113,360,000 115,805,000
Developer loans payable(Note 11) 44,464,414 44,464,414 25,066,692
Total Liabilities 8,405,005 3,749,174 1,268,155 173,506 197,597 149,159 22,238,829 178,860,891 215,042,316 200,716,120
Fund Equity:
Investment in general fixed assets - - - - - - 111,622,070 - 111,622,070 109,722,920
Contributed capital - - - 20,540,307 - - - 20,540,307 20,522,908
Retained earnings:
Reserved(Note 14) - - 7,565,268 - - 7,565,268 6,400,699
Unreserved - - - 219,603 - - - - 219,603 282,391
Fund balances:
Reserved(Note 14) 9,886,631 11,845,585 24,604,241 - 46,336,457 41,186,788
Unreserved:
Designated(Note 14) 28,111,693 4,721,209 19,433,958 65,450,325 - - - - - 117,717,185 101,042,049
Undesignated 6,182,090 85,067 1,266,638 7,533,795 12,951,914
Total Fund Equity and Other Credits 37,998,324 22,748,884 19,519,025 91,321,204 20,759,910 7,565,268 111,622,070 311,534,685 292,109,669
Total Liabilities, Fund Equity and
Other Credits $46,403,329 126,498,058 120,787,180 $91,494,710 $20,957,507 $7,714,427 $22,238,829 $111,622,070 $178,860,891 $526,577,001 $492,825,789
See Notes to FlnanclaFStatements
3
CITY OF RANCHO CUCAMONGA Exhibit B
Page i of 2
COMBINED STATEMENT OF REVENUES,
EXPENDITURES AND CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30,1996
GOVERNMENTAL FUND TYPES TOTALS
Special Debt Capital (Memorandum Only)
General Revenue Service Projects 1996 1 9 9 5
Revenues:
Taxes $ 21,104,640 $ 13,794,981 $ 17,721,077 $ 4,917,269 $ 57,537,967 $ 53,359,823
Licenses and permits 1,593,576 - - 1,593,576 1,613,580
Fines and forfeits 207,188 84,001 - - 291,189 415,196
Use of money end property 2,294,809 1,147,899 518,052 4,512,235 8,472,995 6,847,563
Intergovernmental 5,383,283 5,796,121 - 11,179,404 13,662,447
Charges for services 1,875,752 870,239 - - 2,745,991 2,123,670
Development fees - 2,713,750 - - 2,713,750 2,797,661
Other 2,602,148 116,119 2,718,267 3,478,201
Total Revenues 35,061,396 24,523,110 18,239,129 9,429,504 87,253,139 84,298,141
Expenditures:
Current:
General government 4,893,189 1,631,363 283,140 1,893,235 8,700,927 12,374,623
Public safety 9,417,013 - 9,417,013 9,053,236
Public safety•fire protection 8,951,549 - - 8,951,549 9,080,935
Engineering and public works 6,306,375 2,645,840 - 28,752 8,980,967 9,076,883
Community development 2,964,885 3,523,973 - 6,488,858 7,165,128
Community services 1,092,788 2,632,464 - - 3,725,252 2,700,897
Capital outlay 4,132,338 445,858 26,589,859 31,168,055 26,231,344
Debt service:
Principal 254,933 161,146 8,452,442 718,239 9,586,760 4,504,304
Interest and fiscal charges 38,596 10,186 6,787,158 3,210,073 10,046,013 9,613,567
Total Expenditures 24,967,779 23,688,859 15,968,598 32,440,158 97,065,394 89,800,917
Excess of Revenues over
(under)Expenditures $ 10,093,617 $ 834,251 $ 2,270,531 $ (23,010,654) $ (9,812,255) $ (5,502,776)
See Notes to Financial Statements
4
CITY OF RANCHO CUCAMONGA Exhibit 8
Page 2 of 2
COMBINED STATEMENT OF REVENUES,
EXPENDITURES AND CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30,1996
GOVERNMENTAL FUND TYPES TOTALS
Special Debt Capital (Memorandum Only)
General Revenue Service Projects 1 9 9 6 1 9 9 5
Other Financing Sources(Uses):
Operating transfers in $ 267,559 $ 1,006,881 $ 9,108,334 $ 3,105,408 $ 13,488,182 $ 12,305,501
Operating transfers out (1,644,636) (374,715) (11,180,810) (1,154,380) (14,354,541) (14,851,301)
Gain or(Loss) on sale of land held - - - - (2,509,634)
Debt proceeds - - 27,117,351 27,117,351 10,148,814
Excess funds from bond trustee 18,730 - - - 18,730
Miscellaneous 10,141 (588,000) 527,078 (50,781) (699,861)
Total Other Financing
Sources(Uses) (1,358,347) 642,307 (2,660,476) 29,595,457 26,218,941 4,393,519
Excess of Revenues and Other
Sources over(under)Expenditures
and Other Uses $ 8,735,270 $ 1,476,558 $ (389,945) $ 6,584,803 $ 16,406,686 $ (7,109,257)
Fund Balances:
Beginning of Fiscal Year-as originally reported $ 29,263,312 $ 21,272,068 $ 19,908,970 $ 84,736,401 $ 155,180,751 $155,440,416
Restatements(Note 14) 977,513
Beginning of Fiscal Year-as restated 29,263,312 21,272,068 19,908,970 84,736,401 155,180,751 156,417,929
Excess of Revenues and Other
Sources over(under) Expenditures
and Other Uses 8,735,270 1,476,558 (389,945) 6,584,803 16,406,686 (1,109,257)
Residual Equity Transfer(Note 14) (258) 258 (127921)
End of Fiscal Year(Exhibit A) $ 37,998,324 $ 22,748,884 $ 19,519,025 $ 91,321,204 $ 171,587,437 $155,180,751
See Notes to Financial Statements
5
CITY OF RANCHO CUCAMONGA Exhibit C
COMBINED STATEMENT OF REVENUES,EXPENDITURES Page 1 of 6
AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL GOVERNMENTAL FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30,1996
GENERALFUND SPECIAL REVENUE FUNDS
Variance
Variance-
Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Revenues:
Taxes $20,745,540 $ 21,104,640 $ 359,100 $ 12,953,080 $13,794,981 $ 841,901
Licenses and permits 1,477,600 1,593,576 115,976
Fines and forfeits 309,200 207,188 (102,012) 63,890 84,001 20,111
Use of money and properly 580,000 2,294,609 1,714,809 541,740 1,147,899 606,159
Intergovernmental 4,431,900 5,383,283 951,383 8,869,780 5,796,121 (3,073,659)
Charges for services 1,487,060 1,875,752 388,692 891,510 870,239 (21,271)
Development fees
• - 1,988,340 2,685,361 699,021
Other 2,594,780 2,602,148 7,368 128,110 116,119 (11,991)
Total Revenues 31,626,080 35,061,396 3,435,316 25,434,450 24,494,721 (939,729)
Expenditures:
Current:
General government 7,720,712 5,002,867 2,717,845 1,736,712 1,634,636 102,076
Public safety 9,875,715 9,418,045 457,670 -
Engineering and public works 7,299,618 6,588,362 711,256 2,707,549 2,645,840 61,709
Community development 3,061,500 3,040,032 21,468 4,370,244 3,529,439 840,805
Community services 1,143,520 1,093,946 49,574 2,235,790 2,641,530 (405,740)
Public safety-fire protection 9,142,360 8,951,549 190,811
Capital outlay - - - 10,742,535 8,483,379 2,259,156
Debt service:
Principal - 254,933 (254,933) 409,710 161,146 248,564
Interest and fiscal charges 38,596 (38,596) 10,186 (10,186)
Total Expenditures 29,101,065 25,436,781 3,664,284 31,344,900 28,057,705 3,287,195
Excess of Revenues over
(under)Expend0ures $ 2,525,015 $ 9,624,615 $ 7,099,600
$ (5,910,450) $ (3,562,984) $ 2,347,466
See Notes to Financial Statements
6
CITY OF RANCHO CUCAMONGA Exhibit C
Page 2 of 6
COMBINED STATEMENT OF REVENUES,EXPENDITURES
AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL GOVERNMENTAL FUND TYPES -
FOR THE FISCAL YEAR ENDED JUNE 30,1996
GENERAL FUND SPECIAL REVENUE FUNDS
Variance- Variance-
Favorable Favorable
Other Financing Sources(Uses): Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Operating transfers In $ - $ 267,559 $ 267,559 $ 1,237,120 $ 1,006,881 $ (230,239)
Operating transfers out (1,116,360) (1,644,636) (528,276) (374,715) (374,715)
Excess funds from bond trustee - 18,730 18,730 -
Loss on sale of lend held - _
Debt proceeds
Miscellaneous 10,141 10,141
Total Other Financing
Sources(Uses) (1,116,360) (1,358,347) (241,987) 1,237,120 642,307 (594,813)
Excess of Revenues and Other Sources
over(under) Expenditures and Other
Uses(Budgetary Basis) 1,408,655 8,266,268 6,857,613 (4,673,330) (2,920,677) 1,752,653
Adjustments: 469,002 469,002 4,368,046 4,368,846
To adjust for encumbrances(Note 1)
Excess of Revenues and Other Sources
over(under) Expenditures and Other -
Uses (GAAP Basis)•Budgetary
Classifications 1,408,655 8,735,270 7,326,615 (4,673,330) 1,448,169 6,121,499
Other Adjustments:
To record excess of Revenues and Other
Sources over(under) Expenditures and Other 28,389 28,389
Uses for nonbudgeted funds(Note 1)
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses(GAAP Basis) S 1,408,655 $ 8,735,270 $ 7,326,615 $ (4,673,330) $ 1,478,558 $ 6,149,888
Fund Balances:
Beginning of Fiscal Year •as originally reported $29,263,312 $ 29,263,312 $
- $ 21,272,068 $21,272,068 $
Restatements(Note 14) -
Beginning of Fiscal Year-as restated 29,263,312 29,263,312 - 21,272,068 21,272,068 -
Excess of Revenues and Other Sources
over(under) Expenditures and Other
Uses (GAAP Basis) 1,408,655 8,735,270 7,326,615 (4,673,330) 1,476,558 6,149,888
Residual Equity Transfer(Note 14) - (258) (258) - 258 256
End of Fiscal Year(Exhibit A) $30,671,967 $ 37,998,324 $ 7,326,357 $ 16,598,738 $22,748,884 $ 6,150,146
See Notes to Financial Statements
7
CITY OF RANCHO CUCAMONGA Exhibit C
COMBINED STATEMENT OF REVENUES,EXPENDITURES Page 3 of 6
AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL GOVERNMENTAL FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30,1996
DEBT SERVICE FUNDS CAPITAL PROJECTS FUNDS
Variance- Variance-
Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Revenues:
Taxes $ 16,820,300 17,721,077 $ 900,777 $ 4,866,880 $ 4,917,269 $ 50,389
Licenses and permits
Fines and forfeits - -
Use of money and properly -
Intergovernmental 501,899 501,899 66,060 4,512,235 4,446,175
_
Charges for services - - -
Development fees - - -
Other
Total Revenues 16,820,300 18,222,976 1,402,676 4,932,940 9,429,504 4,496,564
Expenditures:
Current:
General government5,000 283,140 (278,140) 1820610, , 1,837,530 16,920
Public safety ( )
620,000 55,705 564,295
Engineering and public works - - 217,932 28,752 189,180
Community development - -
Community services - - -
Public safety-fire protection - -
Capital outlay 572,500 530,925 41,575 25,043,990 26,657,729 (1,613,739)
Debt service:
Principal 8,729,960 8,142,442 587,518 10,440,580 718,239 9,722,341
Interest and fiscal charges 6,997,600 6,698,308 299,292 787,740 3,210,073 (2,422,333)
Total Expenditures 16,305,060 15,654,815 650,245 38,930,852 32,508,028 6,422,824
Excess of Revenues over
(under) Expenditures $ 515,240 $ 2,568,161 $ 2,052,921 $ (33,997,912) $ (23,078,524) $ 10,919,388
See Notes to Financial Statements
8
CITY OF RANCHO CUCAMONGA Exhibit C
Page 4 of 6
COMBINED STATEMENT OF REVENUES,EXPENDITURES
AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL GOVERNMENTAL FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30,1996
DEBT SERVICE FUNDS CAPITAL PROJECTS FUNDS
Variance. Variance-
Favorable Favorable
Other Financing Sources(Uses): Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Operating transfers in $ 8,732,600 $ 8,733,619 $ 1,019 $ 3,256,885 $ 3,105,408 $ (151,477)
Operating transfers out (8,736,500) (11,180,810) (2,444,310) (1,154,380) (1,154,380) -
Excess funds from bond trustee - - - - - -
Loss on sale of land held - - - - - -
Debt proceeds - - - 10,543,535 27,117,351 16,573,816
Miscellaneous (588,000) (588,000) 527,078 527,078
Total Other Financing
Sources(Uses) (3,900) (3,035,191) (3,031,291) 12,646,040 29,595,457 16,949,417
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) 511,340 (467,030) (978,370) (21,351,872) 6,516,933 27,868,805
Adjustments:
To adjust for encumbrances(Note 1) 85,067 85,067 67,870 67,870
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses (GAAP Basis)-Budgetary
Classifications 511,340 (381,963) (893,303) (21,351,872) 6,584,803 27,936,675
Other Adjustments:
To record excess of Revenues and Other
Sources over(under) Expenditures and Other
Uses for nonbudgeted funds(Note 1) (7,982) (7,982)
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses(GAAP Basis) $ 511,340 $ (389,945) $ (901,285) $ (21,351,872) $ 6,584,803 $ 27,936,675
Fund Balances:
Beginning of Fiscal Year -as originally reported $ 19,908,970 $ 19,908,970 $ $ 84,736,401 $ 84,736,401 $ -
Restatements(Note 14)
Beginning of Fiscal Year-as restated 19,908,970 17908,970 84,736,401 84,736,401 -
Excess of Revenues and Other Sources
over(under) Expenditures and Other
Uses (GAAP Basis) 511,340 (389,945) (901,205) (21,351,872) 6,584,803 27,936,675
Residual Equity Transfer(Note 14)
End of Fiscal Year(Exhibit A) $ 20,420,310 $ 19,519,025 $ (901,285) $ 63,384,529 $ 91,321,204 $ 27,936,675
See Notes to Financial Statements
9
CITY OF RANCHO CUCAMONGA Exhibit C
COMBINED STATEMENT OF REVENUES,EXPENDITURES Page 5 of 6
AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL GOVERNMENTAL FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30,1996
TOTALS(MEMORANDUM ONLY)
1996 1995
Variance-
Favorable
Budget Actual (Unfavorable) Actual
Revenues:
Taxes $ 55,385,800 $ 57,537,967 $ 2,152,167 $ 53,359,823
Licenses and permits 1,477,600 1,593,576 115,976 1,613,580
Fines and forfeits 373,090 291,189 (81,901) 415,196
Use of money and property 1,187,800 8,456,842 7,269,042 6,842,704
Intergovernmental 13,301,680 11,179,404 (2,122,276) 13,662,447
Charges for services 2,378,570 2,745,991 367,421 2,123,670
Development fees 1,986,340 2,685,361 699,021 2,797,661
Other 2,722,890 2,718,267 (4,623) 3,478,201
Total Revenues 78,813,770 87,208,597 8,394,827 84,293,282
Expenditures:
Current:
General government 11,283,034 8,758,173 2,524,861 12,431,323
Public safety 10,495,715 9,473,750 1,021,965 9,054,464
Engineering and public works 10,225,099 9,262,954 962,145 9,295,707
Community development 7,431,744 6,569,471 862,273 7,197,521
Community services 3,379,310 3,735,476 (356,166) 2,706,187
Public safety-fire protection 9,142,360 8,951,549 190,811 9,080,935
Capital outlay 36,359,025 35,672,033 686,992 26,236,148
Debt service:
Principal 19,580,250 9,276,760 10,303,490 4,504,304
Interest and fiscal charges 7,785,340 9,957,163 (2,171,823) 9,613,567
Total Expenditures 115,681,877 101,657,329 14,024,548 90,120,156
Excess of Revenues over
(under) Expenditures $ (36,868,107) $ (14,448,732) $ 22,419,375 $ (5,826,874)
See Notes to Financial Statements
10
W M = = = M
CITY OF RANCHO CUCAMONGA Exhibit C
Page 6 of 6
COMBINED STATEMENT OF REVENUES,EXPENDITURES
AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL GOVERNMENTAL FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30,1996
TOTALS(MEMORANDUM ONLY)
1996 1995
Variance-
Favorable
Other Financing Sources(Uses): Budget Actual (Unfavorable) Actual
Operating transfers In $ 13,226,605 $ 13,113,467 $ (113,138) $ 12,305,501
Operating transfers out (11,007,240) (14,354,541) (3,347,301) (14,851,301)
Excess funds from bond trustee - 16,730 18,730 -
Loss on sale of land held - - - (2,508,634)
Debt proceeds 10,543,535 27,117,351 16,573,816 10,148,814
Miscellaneous (50,781) (50,781) (699,861)
Total Other Financing
Sources(Uses) 12,762,900 25,844,226 13,081,326 4,393,519
Excess of Revenues and Other Sources
over(under) Expenditures and Other
Uses(Budgetary Basis) (24,105,207) 11,395,494 35,500,701 (1,433,355)
Adjustments:
To adjust for encumbrances(Note 1) 419901785 4,990,785 319,239
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses (GAAP Basis)-Budgetary
Classifications (24,105,207) 16,386,279 40,491,486 (1,114,116)
Other Adjustments:
To record excess of Revenues and Other
Sources over(under) Expenditures and Other
Uses for nonbudgeted funds(Note 1) 20,407 20,407 4,859
Excess of Revenues and Other Sources
over (under)Expenditures and Other
Uses(GAAP Basis) $ (24,105,207) $ 16,406,686 $ 40,511,893 $ (1,109,257)
Fund Balances:
Beginning of Fiscal Year -as originally reported $155,180,751 $155,180,751 $ - $155,440,416
Restatements(Note 14) 977,513
Beginning of Fiscal Year-as restated 155,180,751 155,180,751 156,417,929
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses (GAAP Basis) (24,105,207) 16,406,686 40,511,893 (1,109,257)
Residual Equity Transfer(Note 14) (127,921)
End of Fiscal Year(Exhibit A) 1131,075,544 S 171,587,437 $ 40,511,893 $155,180,751
See Notes to Financial Statements
11
CITY OF RANCHO CUCAMONGA Exhibit D
STATEMENT OF REVENUES,EXPENSES AND
CHANGES IN RETAINED EARNINGS
PROPRIETARY FUND TYPE
ENTERPRISE AND INTERNAL SERVICE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
Enterprise Internal Service TOTALS
Sports Vehicle Year ended June 30,
Operating Revenues: Complex Replacement 1 9 9 6 1 9 9 5
Charges for services $ 607,170 $ 326,620 $ 933,790 $ 776,593
Rents 445,489 445,489 317,942
Total Operating Revenues 1,052,659 326,620 1,379,279 1,094,535
Operating Expenses:
Salaries and benefits 766,149 - 766,149 581,364
Administrative costs 1,967 - 1,967 6,926
Maintenance and operations 543,689 - 543,689 323,487
Contractual services 371,602 - 371,602 257,566
Vehicle and equipment maintenance 5,413 5,413
Depreciation 424,662 70,471 495,133 526,031
Total Operating Expenses 2,108,069 75,884 2,183,953 1,695,374
Operating Income(Loss) (1,055,410) 250,736 (804,674) (600,839)
Nonoperating Revenues:
Interest income 36 413,833 413,869 245,190
Taxes 202,733 202,733 168,219
Miscellaneous 4,415 4,415 416,667
Total Nonoperating Revenues 207,184 413,833 621,017 830,076
Net Income(Loss)Before Operating Transfers (848,226) 664,569 (183,657) 229,237
Operating transfers In 366,359 500,000 866,359 2,545,800
Net Income(Loss) (481,867) 1,164,569 682,702 2,775,037
Add back depreciation related to contributed capital 419,079 419,079 419,079
Increase(Decrease) in Retained Earnings $ (62,788) $1,164,569 $ 1,101,781 $ 3,194,116
Retained Earnings:
Beginning of Fiscal Year-as originally reported $ 282,391 $6,400,699 $ 6,683,090 $ 3,560,532
Restatement(Note 14) - (71,558)
Beginning of Fiscal Year-as restated 282,391 6,400,699 6,683,090 3,488,974
Increase(Decrease) In Retained Earnings (62,788) 1,164,569 1,101,781 3,194,116
End of Fiscal Year(Exhibit A) $ 219,603 $7,565,268 $ 7,784,871 $ 6,683,090
See Notes to Financial Statements
12
CITY OF RANCHO CUCAMONGA Exhibit E
COMBINED STATEMENT OF CASH FLOWS
ALL PROPRIETARY FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
Enterprise Internal Service TOTALS
Sports Vehicle Year ended June 30,
Cash Flows from Operating Activities: Complex Replacement 1 9 9 6 1 9 9 5
Operating Income(Loss) (Exhibit D) $ (1,055,410) $ 2501736 $ (804,674) $ (600,839)
Adjustment to reconcile Operating Income to Net Cash:
Depreciation 424,662 70,471 495,133 526,031
Adjustment to retained earnings (94,005)
Miscellaneous income 4,415 - 4,415 50,000
Changes in Assets and Liabilities:
(Increase)decrease In taxes receivable - - - 30,963
(Increase)decrease in accounts receivable (21,472) - (21,472) 323,541
Increase(decrease)In due from other funds - 15,000 15,000 505,091
Increase(decrease) in accounts payable 17,689 - 17,689 48,484
Increase(decrease) in accrued payroll payable 4,676 149,159 153,835 (471)
Increase(decrease) in due to other funds 66,783 66,783 (498,219)
Total Adjustments 496,753 234,630 731,383 891,415
Net Cash Provided (Used)by Operating Activities (558,657) 485,366 (73,291) 290,576
Cash Flows from Noncapital Financing Activities:
Taxes 202,733 - 202,733 168,219
Operating transfers in 366,359 500,000 866,359 2,545,800
Net Cash Provided (Used)by Noncapital Financing Activities 569,092 500,000 1,069,092 2,714,019
Cash Flows from Capital and Related Financing Activities:
Principal payments on capital leases - - (25,944)
Acquisition of fixed assets (28,041) 295,718 (323,759) (233,020)
Net Cash Provided(Used)by Capital and
Related Financing Activities (26,041) (295,718) (323,759) (258,964)
Cash Flows from Investing Activities:
Interest on investments 36 413,833 413,869 245,190
Net Cash Provided(Used)by Investing Activities 36 413,833 413,869 245,190
Net Increase(Decrease)In Cash and Investments (17,570) 1,103,481 1,085,911 2,990,821
Cash and Investments at Beginning of Year 306,790 6,082,118 6,388,908 3,398,087
Cash and Investments at End of Year(Exhibit A) $ 289,220 $7,185,599 $ 7,474,819 $ 613881908
SCHEDULE OF NONCASH TRANSACTIONS
There were no non-cash transactions during the fiscal year.
See Notes to Financial Statements
13
CITY OF RANCHO CUCAMONGA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 1996
I. SIGNIFICANT ACCOUNTING POLICIES
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 not
available for the District.
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 recording cash and other financial resources, together with all related liabilities
14
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
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 Types
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.
15
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
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 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.
No 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
16
W1 r r r r r r r
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
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.
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.
17
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
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 (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
with the exception of the City's Deferred Compensation Plan which is accounted for on a market value basis in accordance with
Statement No. 2 of the Governmental Accounting Standards Board (GASB).
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 list to June 30th. All secured personal property taxes and one-half of the taxes on real property are due
November 1st; the second installment is due February 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
31 st.
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
18
r M r r s r r
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
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.
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 appropriations 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.
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.
19
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
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. This reconciliation included the following unbudgeted funds:
Excess of Revenues and
Other Sources over (under)
Expenditures and Other Uses
Special Revenue Fund Type:
SB 300 $
San Sevaine/Etiwanda Drainage 28,389
800 Mhz Radio
FETSIM Grant
SBA Tree Grant
Total Special Revenue Fund Type $ 28.389
Debt Service Fund Type:
Public Improvement Corporation $ 982
Total $ 20A07
f. 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.
20
City of Rancho Cucamonga
Notes to Financial Statements(Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
Investments
Investments are stated at cost. At June 30, 1996, 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, 1996, there are no material long-term judgments and claims against the City and no liability is reported in the General Long-
Term Debt Account Group. In addition, the City has determined that at June 30, 1996, there are no material incurred but
unreported claims against the City.
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 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
used sick time.
21
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
Employee
Accumulated Balance Vacation
Type Prior Calendar Year Conversion Rate
Shift 108 hr - 144 hr one - half
Shift 72 hr - 108 hr one - fourth
40 hour 72 hr - 96 hr one - half
40 hour 48 hr - 72 hr 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 13 retirees was $56,016 for fiscal year 1995-96.
II. STEWARDSHIP
Note 2: Stewardship, Compriance and Accountability
a. There were no funds which contained deficit fund balances as of June 30:
b. Excess of expenditures over appropriations in individual funds at the departmental level are as follows:
General Fund: Expenditures Appropriations Excess
General government:
Engineering and Public Works
Traffic management $ 251,967 $ 221,970 $ 29,997
Construction management 393,453 346,740 46,713
Community development
Building and safety 1,799,292 1,794,440 4,852
22
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 2: Stewardship, Compliance and Accountability (Continued)
Expenditures Appropriations Excess
Special Revenue Funds:
Gas Tax
Engineering and public works 1,679,559 1,597,630 81,929
SS 325
Engineering and public works 41,650 23,410 18,240
Capital outlay 170,769 138,100 32,669
Park Development
Community services 805,415 36,620 768,795
Beautification
Engineering and public works 146,834 145,270 1,564
Drainage Facilities
Engineering and public works 38,378 38,150 228
Debt Service Funds:
Redevelopment Agency
General government 283,140 5,000 278,140
Capital Projects Funds:
Redevelopment Agency
General government 1,837,530 1,820,610 16,920
Public safety 26,657,729 25,043,990 1,613,739
Interest and fiscal charges 3,210,073 787,740 2,422,333
III. DETAIL NOTES ON FUNDS AND ACCOUNT GROUPS
(Notes 3-14)
Note 3: Cash and Investments
Cash and investments at June 30 consisted of the following:
23
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 3: Cash and Investments (Continued)
Cash on hand $ 5,300
Pooled Cash and Deposits 39,023,107
Pooled Investments 86,858,674
Investment in State Treasury's Investment Pool 33,838,790
Investment with Trustee - Money Market 5,822,459
Deferred Compensation - Unclassified 783.884
Total Cash and Investments $ 166.332.214
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 cash balances. Interest income from
cash and investment with fiscal agent and in the deferred compensation plan 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).
Cash and Investments with Fiscal Agent
The City has monies held by a trustee pledged to the payment or security of certain bonds, certificates of certification, 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.
24
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 3: Cash and Investments (Continued)
Cash and Investments - Deferred Compensation Plan
The City offers its employees a deferred compensation plan created in accordance with Internal Revenue Code Section 457. The
market value of the plan assets at June 30, 1996 is $4,541,108. The City has two plans. One plan is held in savings accounts where
each participant is insured up to $100,000. The other plan is held as an unclassified investment. See Note 16 for additional
information about this plan.
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 Carrying
1 2 3 Balance Amount
Cash in Bank and Petty Cash $ 305,500 $ 9,415,380 $ - $ 9,720,880 $ 8,945,651
Deferred Compensation 3,570,800 186,424 - 3,757,224 3,757,224
Certificates of Deposit 600.000 25.725.532 - 26.325.532 26 325.532
Totals $ 4 476 300 $ 35.327.336 $ Q $ 39.803.636 $ 39.028.407
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
25
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 3: Cash and Investments (Continued)
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 Carrying Market
City Investments:
1 2 3 Amount Value
U.S. Government Securities $ 37.021.799 $ 49.836.875 $ _ $ 86.858.674 $ 85.984 507
Total City Investments $ 37.021.799 $ 49.836 875 $ — $ 86.858.674 $ 85.984.507
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. There is no established market for the City's share of this pool and thus no market value can be disclosed.
Investment in State Treasury's Investment Pool $ 33.838.790
Investment with Trustee
Amounts invested with Trustee in mutual funds 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.
Carrying Amount Market Value
Investments with Trustee - Mutual Funds $ 5.822.459 $ 5.822.459
26
W M M
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 3: Cash and Investments (Continued)
Deferred Compensation Plan
A portion of the City's deferred compensation plan is held in unclassified investments and therefore cannot be assigned a credit risk
category. The remainder is held in deposits and is classified above. In accordance with GASB pronouncements these have been
recorded at market value.
Deferred Compensation $ 783.884
Note 4: Prepaid PERS costs
The City has prepaid contributions with PERS in the amount of $1,096,403. This amount can be utilized to offset employer contributions
in fiscal year 1996-97.
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 $ 548,585
Park Bond Acts 133,914
State Department of Transportation 1,121,268
State Department of Parks and Recreation - Police Resource 119.145
Total $ 1922.912
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, 1996 bear interest at a rate of 12% per annum
and are payable as funds become available to the Agency. As of June 30, a total of $6,450,985 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.
27
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 7: Changes In General Fixed Assets
A summary of changes in general fixed assets follows:
Restated
Balance Balance Balance
June 30, 1995 Restatement June 30, 1995 Additions Deletions June 30, 1996
Purchased/Contributed Assets:
Land $ 39,659,983 $ (4,351,015) $ 35,308,968 $ 6,571 $ - $ 35,315,539
Building improvements 72,007,224 (17,163,195) 54,844,029 104,842 54,948,871
Improvements other
than buildings 55,711 55,711 55,711
Equipment and vehicles 13,363,397 (13,769) 13,349,628 1,678,145 638,438 14,389,335
Furniture and fixtures 3,374,652 (16,610) 3,358,042 10,534 - 3,368,576
Construction-in-progress 2.806,542 2,806.542 807.519 70,023 3.544 038
Total $ 131.267.509 $ {21.544.5891 $ 109.722.920 $ 2.607.611 $ 708.461 $ 111.622 070
The adjustments above relate to the contribution of the sports complex from the general fixed asset account group to the Sports Complex
Fund (Proprietary Fund Type).
Note 8: Proprietary Fund Fixed Assets
A summary of proprietary fund type property, plant and equipment is presented below:
Allowance
Estimated Fixed for Net
Useful Life Assets Depreciation Book Value
Enterprise - Sports Complex
Purchased/Contributed assets:
Land
$ 4,351,015 $ - $ 4,351,015
Building improvements 30 years 17,203,656 1,047,896 16,155,760
Automotive equipment 5 years 24,650 5,764 18,886
Other equipment 5-10 years 29,787 7.693 22.094
Total $ 21.609.108 $ 1.061.353 $ 20.547.755
28
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 8: Proprietary Fund Fixed Assets (Continued)
Allowance
Estimated Fixed for Net
Useful Life Assets Depreciation Book Value
Internal Service:
Purchased assets:
Automotive equipment 5 years $ 1,059,201 $ 764,417 $ 294,784
Other equipment 5-10 years 279,735 78,673 201,062
Assets acquired through capital leases - equipment 5-10 years 294.745 261.763 32.982
Total $ 1633.681 $ 1.104.853 $ 528.628
Note 9: Pension Plan Obligations
a. Plan Description
The City and Fire District contributes to the California Public Employees Retirement System (PERS), an agent multiple-employer public
employee retirement system that acts as a common investment and administrative agent for participating public entities within the State
of California. Separate plans are maintained for each of these entities. Total payroll and the payroll for employees covered by the
system for the year ended June 30, 1996 were as follows:
city Fire District Total
Total Payroll $ 12,268,309 $ 5,669,336 $ 17,937,645
Covered Payroll 10,845,636 4,236,724 15,082,360
City Plan
All full-time and part-time City employees who are eligible may participate in the system. To be eligible for service retirement an
employee must be at least age 50 and have 5 years of PERS-credited service. For non-safety employees the benefits are payable
monthly for life, in an amount that varies from 1.426 percent at age 50 to 2.418 percent at age 63 (for each year of credited
service) of their final compensation. PERS also provides death and survivor's benefits; all benefit provisions and all other
requirements are established by State statute and City ordinance.
29
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 9: Pension Plan Obligations (Continued)
Fire District Plan
All full-time employees who are eligible may participate in the system. To be eligible for service retirement an employee must be
at least age 50 for safety and at least 60 for non-safety employees and have 5 years of PERS-credited service. For public safety
employees, the benefits are payable monthly for life, in an amount that varies from 2 percent at age 50 to 2.7 percent at age 60
(for each year of credited service) of their final compensation. For non-safety employees the benefits are payable monthly for life,
in an amount that varies from 1.092 percent at age 50 to 2.418 percent at age 63 (for each year of credited service) of their final
compensation. PERS also provides death and survivor's benefits; all benefit provisions and all other requirements are established
by State statute.
"Final Compensation" under both plans is the average monthly pay rate for the last consecutive 36 months (or any other 36 month
period if higher); however, with respect to public safety employees only the average monthly pay rate for the last consecutive 12
months (or another 12 consecutive months if higher) may be used if the entity's contract with PERS provides for one year final
compensation.
b. Employee and Employer Contribution Obligations
The City and District makes the contributions required of its employees on their behalf and for their account. The rates are set by
statute and therefore remain unchanged from year to year. The present rates are:
Member Rates as a
Category Percentage of Wages
Local miscellaneous members 7 %
Local safety members with benefits
under Article 21252.01 9 aha
Local safety members with benefits
under Article 21252.6 7
The City and District are required to contribute the remaining amounts necessary to fund the benefits for its members, using the
actuarial basis recommended by the PERS actuaries and actuarial consultants and adopted by the board of administration.
30
MW MM WIMM MIM,
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 9: Pension Plan Obligations (Continued)
c. Funding Status and Progress
The amount shown below as the "pension benefit obligation" is a standardized disclosure measure of the present value of pension
benefits, adjusted for the effects of projected salary increases and step-rate benefits, estimated to be payable in the future as a result
of employee service to date. The measure is intended to help assess the funding status of the system on a going-concern basis,
assess progress made in accumulating sufficient assets to pay benefits when due, and make comparisons among employers. The
measure is the actuarial present value of credited projected benefits and is independent of the funding method used to determine
contributions to the system.
The pension benefit obligation was computed as part of an actuarial valuation performed as of June 30, 1995. Significant actuarial
assumptions used in the valuation include (a) a rate of return on the investment of present and future assets of 8.50 percent a year
compounded annually, (b) projected salary increases of 4.5 percent a year compounded annually, attributable to inflation, (c) no
additional projected salary increases attributable to seniority/merit, and (d) no post retirement increases.
The pension benefit obligation was computed as part of an actuarial valuation performed as of June 30, 1995, but reflects all plan
amendments adopted through June 30, 1996. For the amounts which follow, prior to 1994, assets were shown at book value. The
1994 and subsequent years assets are shown at actuarial value (smooth market value) which may make them not comparable for trend
purposes.
The total assets in excess of pension benefit obligation applicable to the employees at June 30, 1996 were as follows:
City Fire District Total
Pension Benefit Obligation:
Retirees and beneficiaries
currently receiving benefits
and terminated employees
not yet receiving benefits $ 2,035,032 $ 3,594.657 $ 5,629,689
Current employees:
Accumulated employee
contributions including
allocated investment
earnings 7,521,870 4,692,342 12,214,212
Employer-financed vested $ 4,499,905 $ 5,608,154 $ 10,108,059
31
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 9: Pension Plan Obligations (Continued)
Employer-financed City Fire District Total
nonvested $ 190.062 $ 138.334 $ 328.396
Total Pension
Benefit Obligation 14,246,869 14,033,487 28,280,356
Net assets available for
benefits at cost Market Value Market Value Market Value
$21.665.797 20.381.747 $18.604.658 17.502.030 $40.270.455 37.883.777
Assets in Excess of
Pension Benefit
Obligation $ 6.134.878 $ 3.468.543 $ 9.603.421
d. Contributions Required and Contributions Made
PERS uses the Entry Age Normal Actuarial Cost Method which is a projected benefit cost method. That is, it takes into account those
benefits that are expected to be earned in the future as well as those already accrued.
According to this cost method, the normal cost for an employee is the level amount which would fund the projected benefit if it were
paid annually from date of employment until retirement. PERS uses a modification of the Entry Age Cost Method in which the
employer's total normal cost is expressed as a level percentage of payroll. PERS also uses the level percentage of payroll method
to amortize any unfunded actuarial liabilities. The amortization period of the unfunded actuarial liability ends in the year 2000.
The significant actuarial assumptions used to compute the actuarially determined contribution requirement are the same as those used
to compute the pension benefit obligation, as previously described.
The contributions to the system for the year ended June 30, 1996 were made in accordance with actuarially determined requirements
computed through an actuarial valuation performed as of June 30, 1995. The contribution consisted of the following:
32
�' am M
i 1i� /� Ili iJ i a i r � � it �! I• i i i i �
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 9: Pension Plan Obligations (Continued)
Fire District
City Safety Employees Non-Safety Employees Total
Percent of Percent of Percent of Percent of
Current Current Current Current
Covered Covered Covered Covered
Contribution Payroll Contribution Payroll Contribution Payroll Contribution Payroll
Normal
Cost $ 1,547,652 14.27 % $ 853,950 21.99 % $ 45,196 12.77 % $ 2,446,798 14.82 %
Amortization
of the
unfunded
actuarial
accrued
liabilities 62254 0.584( 7.1361 021) 1( .961) (0.55) 111351 10.67)
Total $ 1.485.398 13.69 % $ 806.814 2078. % $ 43.235 12.22 % $ 2.335.447 14.15 %
The City and Fire District contributed $1,247,525 (7.56 percent of current total covered payroll); both entities also contributed on behalf of
the employees required contribution $1,087,921 (6.59 percent of current total covered payroll).
e. Trend Information
Trend information gives an indication of the progress made in accumulating sufficient assets to pay benefits when due. Systemwide
ten-year trend information is not yet available. See comments above relating to change in valuation of assets.
Nine-year trend information for the City and the Fire District were as follows:
33
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 9: Pension Plan Obligation (Continued)
(Amounts In thousands) 1986.87 1987-88 1988-69 1989-90 1990.91 1991-92 1992-93 1993-94 1994-95
Net assets available for benefits
City $ 3,629.3 $ 4,289.8 $ 5,213.2 $ 7,056.2 $ 8,838.4 $ 11,102.9 $ 13,371.7 $ 17,748.1 $ 20,381.7
Fire District 4,465.2 5,115.9 6,230.4 7,548.1 8,832.010,407.8 11,983.7
Total $ 8,094.5 $ 9,405.7 15,519.3 17,502.0
$ 11,443.6 $ 14,604.3 $ 17,670.4
1 21,510.7 $ 25,355.4 $ 33,267.4 $ 37,663.7
Pension benefit obligation
City $ 2,636.0 $ 3,454.9 $ 4,609.8 $ 6,387.8 $ 8,160.2 $ 9,844.2 $ 11,246.5 $ 11,730.1 $ 14,246.9
Fire District 4,182.9 4,936.7 6,099.5 7,510.9 9,386.0
, . 10,366.3 10,936.3 11,297.3Total $ 6,818.9 $ 8,391.8 14,033.5
, . ,546.2
$ 20,210.5 $ 22,182.8 $ 23,027.4 $ 28,280.4
Net assets available for benefits expressed
as a percentage of the pension benefit
obligation
City 137.7% 124.2% 113.1 % 110.5% 108.3% 112.8% 118.9% 151.3% 143.1 %
Fire District 106.7% 103.6% 102.1 % 100.5% 94.1 % 100.4% 109.6% 137.4% 124.7%
Combined 118.7% 112.1 % 106.9% 105.1 % 100.7% 106.4% 114.3% 144.5% 134.0%
Assets In excess of(unfunded)pension
benefit obligation
City $ 993.3 $ 834.9 $ 603.4 $ 668.4 $ 898.0 $ 1,258.7 $ 2,125.2 $ 6,018.1 $ 6,134.9
Fire District 282.3 179.2 130.9 37.2 (554.0) 46.7 1,047.4 4,221.9 3,468.5
Total $ 1,014.1 $ 734.3 $ 705.6 $ 344.0 $ 3,172.6 $ 10,240.0 $ 9,603.4
Annual covered payroll
CRY $ 3,892.1 $ 5,318.0 $ 7,037.8 $ 8,515.4 $ 10,546.3 $ 10,507.8 $ 9,935.4 $ 10,415.5 $ 10,645.6
Fire District 1,841.9 2,119.8 2,499.5 2,953.3 3,681.5 4,065.4 4,062.7 4,413.7 4,236.7
Total $ 5,734.0 $ 7,437.8 $ 9,537.3 $ 11,468.7 $ 14,227.8 $ 14,573.2 $ 13,998.1 $ 14,829.2 $ 15,082.3
Assets In excess of pension benefit expressed
as a percentage of annual covered payroll
City 25.5% 15.7% 8.6% 7.8% 8.5% 12.0% 21.4% 57.8% 56.6%
Fire District 15.3% 8.5% 5.2% 1.3% (15.0)% 1.1 % 25.8% 95.7% 81.9%
Combined 22.2% 13.6% 7.7% 6.2% 2.4% 9.0% 22.7% 69.1 % 63.7%
Employer contributions. These contributions
were made In accordance with actuarially
determined requirements
City $ 308.9 $ 349.4 $ 476.9 $ 596.1 $ 728.5 $ 811.8 $ 673.7 $ 683.5 $ 773.6
Fire District Not Available Not Available Not Available Not Available Not Available Not Available Not Available 492.4 473.9
Total Not Available Not Available Not Available Not Available Not Available Not Available Not Available $ 1,175.9 $ 1,247.5
Employer contributions expressed as a percentage
as a percentage of annual covered payroll
city 7.9% 6.6% 6.8% 7.0% 6.9% 7.7% 6.8% 6.6% 7.1 %
Fire District Not Available Not Available Not Available Not Available Not Available Not Available Not Available 11.2% 11.2%
Combined Not Available Not Available Not Available Not Available Not Available Not Available Not Available 7.9% 8.3%
34
w M a �.
Mae " MM M
City of Rancho Cucamonga
Notes to Financial Statements(Continued)
Note 9: Pension Plan Obligations(Continued)
For the fiscal year 1995-96, the net assets available for benefits expressed as a percentage of the pension benefit obligation and the
unfunded (assets in excess of) pension benefit obligation, expressed as a percentage of annual covered payroll are not presented as
the pension benefit obligation for the current year has not yet been computed.
Note 10: Deferred Revenue
Deferred revenue as of June 30, 1996 consists of the following:
General Fund - interest accrued on advances to Rancho Cucamonga
Redevelopment Agency which is measurable but not available (See Note 6)
plus other revenues received of $2,951 which have not yet been earned $ 6,453,936
Special Revenue Funds - Revenue collected in advance
for Fuel Efficient Traffic Management 154
Special Revenue Funds - grant revenue received in excess of grant expenditures
for California Literacy Campaign 10,961
Special Revenue Funds - development fees collected in advance from various
developers for future improvement projects. They are reported as follows:
Beautification $ 65,396
Drainage Facilities 3.568 68,964
Total $ 6 534 015
Note 11: Long-Term Debt
a. A description of individual components of long-term debt outstanding as of June 30, 1996 follows:
Certificates 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
35
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long-Terre Debt (Continued)
Northeast Community Park Project. With the proceeds of the Certificates, the City will acquire approximately 38 acres of land which
the City intends to develop as the Community 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.
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, 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 bear interest as follows:
Maturity Date Principal Interest Maturity Date Principal Interest
September 1 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
The 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 1, 2019 and September 1, 2020
36
L. Imm W MONOllm do = it t
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long-Tenn Debt(Continued)
are subject to mandatory redemption in part from sinking account installments on September 1, 2007, and on each September 1
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 11b 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 1 and September 1 of each year commencing September 1, 1994. The bonds
mature on the dates in amounts and bearing interest as follows:
Maturity Maturity
Date Principal Interest Date Principal Interest
Seotember 1 Amount Rate September 1 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
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
2023 33,400,000 5.00
1994 Bonds maturing before September 1, 2004, are not subject to call and redemption prior to their stated maturities. 1994 Bonds
maturing on or after September 1, 2004 are subject at the option of the Agency to redemption.
Tax Revenues, except as provided below, are pledged in their entirety to the payment of principal of, and interest on 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
37
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long-Tenn Debt(Continued)
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). 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 January 1, 1992, and
continuing until December 1, 1997 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
38
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long-Terre Debt(Continued)
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 final maturity date is March 1, 2005 with respect to the
taxable loans and September 1, 2006 with respect to the non-taxable loan.
5. On August 17, 1995, the Agency executed a three year term loan with Sanwa Bank in the amount of $21,000,000. The proceeds
of the loan are to fund the Mountainside, Monterey village and Sycamore Springs Projects in conjunction with the Southern California
Housing Corporation. Interest is tied to the Libor rate plus 2.25 basis points. Principal and accrued interest are payable semi-
annually commencing on March 1, 1996 and thereafter until September 1, 1998. The loan is intended to be paid off with bond
proceeds which were issued September 1, 1996 (See Note 19).
Advances from Redevelopment Agency:
On September 16, 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, Special Revenue and Agency funds, the accounting for these transactions
has 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.
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, 1996.
39
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long-Tenn Debt (Continued)
Fiscal Year Long-Term Debt
Account Group
1996-97
1997-98 $ 114,580
1998-99 114,580
1999-2000 43,072
2000-2001 42,376
34.558
Total Minimum Lease Payments $ 349,166
Less: Amount Representing Interest 32.985
Present Value of Net Minimum Lease Payments $ 316.181
2. The City and the District entered into a lease agreement with 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,
1996:
Fiscal Year City Fire District Total
1996-97 $ 63,775 $ 35,278 $ 428,803
1997-98 65,715 33,578 99,053
1998-99 67,215 36,828 99,293
1999-2000 63,310 34,698 104,043
2000-2001 64.350 37.538 101.888
Total Minimum Lease Payments $ 324,365 $ 177,920 $ 931,088
Less: Amount Representing Interest 59.365 32.920 146.088
Present Value of Net Minimum Lease Payments $ 265.000 $ 145.000 $ 785.000
Note Payable:
1. The City has entered into an agreement with San Bernardino County for withdrawal from the 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.
40
r �irr r lam, r m mono im- so mom
� a � � � �■ � � � � � � � es r res � � �■
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long-Tenn Debt(Continued)
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
1990 Tax Allocation Bonds (portion defeased) 54,905,000
Certificates of Participation - Fire Facility 9,400,000
Certificates of Participation - California Cities Financing Corporation 6.390.000
Total Defeased $118.415.000
c, The following is a schedule of changes in long-term debt of the City for the fiscal year ended June 30, 1996:
Outstanding Outstanding
July 1. 1995 Adjustments Additions Repayments June 30, 1996
Certificates of Participation:
Public Improvement Corporation $ 1.380.000 $ $ $ 310.000 $ 1.070,000
Bonds:
Tax Allocation Bonds - 1990 Issue $ 51,960,000 $ $ $ 965,000 $ 50,995,000
Tax Allocation Bonds - 1994 Issue 61.815.000 1.070.000 60.745,000
Total Bonds $ 113.775.000 $ $ $ 2.035.000 $ 111.740.000
Developer Loans $ 13.685,137 $ 11.381.555 $ 21.000.000 $ 1.602,278 $ 44.464.414
Advances from Other Funds:
City of Rancho Cucamonga $ 4,290,000 $ - $ - $ - $ 4,290,000
Rancho Cucamonga Redevelopment Agency 13.578.263 6,117.351 5.223.403 14.472,211
Total Advances to Other Funds $ 17.868.263 $ $ 6.117.351 $ 5.223.403 $ 18,762.211
Obligation Under Capital Leases $ 979.015 $ $ 188.870 $ 441.704 $ 726.181
Note Payable - County Agreement $ 650.000 $ $ $ 100.000 $ 550.000
Accrued Employee Benefits $ 1.467.880 $ $ 80.205 $ $ 1.548.085
Total Long-Term Debt Account Group $ 149.805.295 $ 11.381.555 $ 27.386.426 $ 9.712.385 $ 178.860.891
The adjustments above related to recording the Federal Bureau of Reclamation Loan which was previously omitted.
41
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long-Tenn Debt(Continued)
d. The following schedule illustrates the debt service requirements to maturity for bonds, notes and advances outstanding as of June 30,
1996:
Developer
Loans and City
Fiscal Year Bonds Notes Loans Total
1996-97 $ 9,128,262 $ 23,054,117 $ 18,762,211 $ 50,944,590
1997-98 9,121,942 3,703,229 - 12,825,171
1998-99 9,122,666 2,135,729 - 11,258,395
1999-2000 8,721,694 2,085,729 - 10,807,423
2000-2001 8,714,498 2,085,729 - 10,800,227
Later years 237.242.458 15.815.172 253.057,630
Total Debt Service $ 282,051,520 $ 48,879,705 $ 18,762,211 $ 349,693,436
Total Interest 169.241.520 3.865.291 173.106.811
Total Principal $ 112.810.000 $ 4545 0 $ 18.762.211 $ 176,586,625
Other Debt:
Accrued employee benefits 1,548,085
Obligations under capital leases 726.181
Total Long-Term Debt Principal $ 178.860.891
City Loans outstanding do not have fixed amortization as funds will be repaid when available. Amounts above for these represent the
loan balance as of June 30, 1996 plus matured interest due at that date. As mentioned previously, bonds were issued September 1,
1996 to retire a loan from Sanwa Bank (See Note 19). Therefore, it has been shown as due in fiscal year 1996-97. 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 bands:
42
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 12: Other Special Obligations (Continued)
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
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
Total $62.213.068
Note 13: Interfund Receivables and Payables
The individual fund interfund receivable and payable balances at June 30, 1996 are as follows:
Interfund Interfund
Due from/to other funds: Receivables Payables
General Fund $ 1,415,494 $ 66,160
Special Revenue Funds:
Park Bond Act - 196,476
Community Development Block Grant - 241,625
SB 140 - 315,994
Masi Commerce Center - 4,937
Library Service - 117,466
Metrolink - 1,088
Used Oil Recycling Grant - 15,647
Fire District 102,751 407,278
43
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 13: Interfund Receivables and Payables (Continued)
Interfund Interfund
Due from/to other funds: Receivables Payables
Debt Service Funds:
Redevelopment Agency 97,859 97,931
Capital Projects Funds:
Redevelopment Agency 43,868 128,525
Proprietary Fund:
Sports Complex 66.783
Total $ 1.659.972 $ 1.659.972
Advances from/to other funds:
General Fund $14,772,211 $ -
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 18,762,211
Total $19.062.211 $19.062.211
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.
44
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 14: Fund Equity (Continued)
1. Reserved for Advances to Other Funds:
General Fund $ 8,321,226
Capital Projects Funds:
Redevelopment Agency 4.290.000
Total Reserve for Advances to Other Funds $ 12.611.226
2. Reserved for Encumbrances:
General Fund $ 469.002
Special Revenue Funds:
Gas Tax $ 549,323
SB 325 49,000
Recreation 1,517
Park Development 139,176
Beautification 9,077
Lighting District 1,298
Landscape Maintenance District 394,930
System Development 5,880
Park Bond Act 167,697
Community Development Block Grant 56,920
Assessment Administration 1,975
SB 140 309,543
Air Quality Improvement 32,773
Measure 1 2,636,767
Library Services 250
Metrolink 4,136
California Literacy Campaign 8.584
Total Special Revenue Funds $ 4.368.846
Capital Projects Funds:
Redevelopment Agency $ 68.870
Total Reserve for Encumbrances $ 4.905.718
45
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 14: Fund Equity (Continued)
3. Reserved for Land Acquisition:
Special Revenue Funds:
Fire District $ 300.000
4. Reserved for Employee Leave Pay Outs:
Special Revenue Funds:
Fire District $ 288.160
5. Reserved for Radio System:
Special Revenue Funds:
Fire District $ 50.000
6. Reserve for Land Held for Resale:
Capital Projects Funds:
Redevelopment Agency $ 10.778.871
7. Reserved for Future Fire Station:
Special Revenue Funds:
Fire District $ 1.692.910
8. Reserved for Capital Projects:
Special Revenue Funds:
Landscape Maintenance District $ 3,438,111
Lighting Maintenance District 566,587
Fire District 30.000
Total Reserve for Capital Projects $ 4.034.698
9. Reserved for Long-Term Loans Receivable
Capital Projects Funds:
Redevelopment Agency $ 9.467.500
46
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 14: Fund Equity (Continued)
10. Reserved for Vehicle and Equipment Replacement:
Special Revenue Funds:
Gas Tax $ 161,930
Fire District 949.041
$ 1,110,971
Internal Service Fund 7.565.268
Total Reserved for Vehicle and Equipment Replacement $ 8.676.239
11. Prepaid PERS Costs:
General Fund $ 1.096.403
Total Reserved $ 53.901.725
Description of Reserves:
1. Reserve for Advances to Redevelopment Agency
This reserve is used to indicate that the long-term portion of Advances to Redevelopment Agency 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 Acquisition
This reserve represents amounts specified by the Fire District for future fire station land acquisition and by redevelopment agency
for project area land acquisition.
4. Reserve for Employee Leave Pay Outs
This reserve represents amounts segregated to aid in paying Fire District termination benefits of employees (vacation, sick, etc.).
47
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 14: Fund Equity (Continued)
5. Reserve for Radio System
This reserve represents amounts segregated to aid in making future lease payments by the Fire District for the radio system
described in Note 11 to the financial statements.
6. 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.
7. Reserve for Future Fire Station
This reserve represents amounts segregated by the Fire District for use in constructing a fire station.
S. 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.
9. Reserve for Long-Term Loans Receivable
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.
10. Reserve for Vehicle and Equipment Replacement
This reserve represents amounts segregated by the Fire District for use in future vehicle and equipment replacement.
11. 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
b. Unreserved - Designations
The City has established certain designations to indicate tentative managerial plans or intent.
Designated for Self Insurance
General Fund $ 5,064,630
Designated for changes in economic circumstances
General Fund 9,086,100
48
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 14: Fund Equity(Continued)
Designation for working capital
General Fund $ 1,352,500
Special Revenue Funds:
Lighting Districts 475,453
Landscape Maintenance Districts 3,135,981
Library Services 63,375
Fire District 1,046.400 6,073,709
Designated for Continuing Projects
Capital Projects Funds:
Redevelopment Agency 65,450,325
Designation for Long-Term Employee Leave Pay Outs
General Fund 1,824,140
Designation for Future Computer Equipment
General Fund 3,250,000
Designation for Integrated Waste Management
General Fund 534,078
Designation for Booking Fees
General Fund 600,000
Designation for City Facilities Capital Repairs
General Fund 4,264,645
Designation for Law Enforcement
General Fund 1,000,000
Designation for County Library Agreement
General Fund 300,000
Designation for Lions East and West Renovation
General Fund 835,600
49
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 14: Fund Equity (Continued)
Designated for Debt Service
Debt Service Funds:
Public Improvement Corporation $ 288,751
Redevelopment Agency 19.145.207
Total Designated for Debt Service 19.433.958
Total
$ 117.717.185
c. Opening Fund Balance Retained Earnings Adjustments
Beginning fund balances/retained earnings in the prior year column have been restated as follows:
General Fund:
Restate prior sales tax receivable due to GASB 22 implementation $ 917,550
Restate prior year's accounts receivable 16.795
Total General Fund $ 934.345
Special Revenue Funds:
Gas Tax Fund:
Restate prior years' revenue for monies erroneously deposited
in Vehicle Replacement Fund $ 119,950
Systems Development Fund:
Restate prior year's grants receivable (76,581)
SBA Tree Grant Fund:
Restate prior year's grants receivable (201)
Total Special Revenue Funds $ 43.168
Total Governmental Funds $ 977.513
50
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 14: Fund Equity (Continued)
Enterprise Funds:
Sports Complex:
Restate prior fixed assets balances which were originally
recorded in the General Fixed Assets Account Group $ 26,396
Restate prior accumulated depreciation (3.949)
Total Enterprise Fund $ 22.447
Internal Service Fund:
Vehicle Replacement Fund:
Restate prior years' revenue for monies erroneously received
as they should be Gas Tax Fund revenue $ (119,950)
Correct capital lease payment recording 25.945
Total Internal Service Fund $ )
Total Proprietary Funds $ 7558)
Agency Funds:
The prior year's column of the Combining Balance Sheet -
AII Agency Funds has been restated to include Assessment
District 93-3 which was erroneously reported as a special
revenue fund in prior years.
d. Residual Equity Transfers
During 1995-96 Special Revenue Funds, 800Mhz Radio and SBA Tree Grant, were closed out by making a residual equity transfer from
the General Fund.
IV. OTHER DISCLOSURES
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.
51
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 15: Summary Disclosure of Self-Insurance Contingencies (Continued)
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, 1996, 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 three 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 programs, the City believes that the self-insurance designation of $5,064,630 is adequate to cover such losses.
Note 16: Deferred Compensation Plan
The City offers its employees a deferred compensation plan created in accordance with Internal Revenue Code Section 457. The plan,
available to all employees, permits them to defer a portion of their salary until future years. The deferred compensation is not available to
employees until termination, retirement, death or unforeseeable emergency.
All amounts of compensation deferred under the plan, all property and rights purchased with those amounts, and all income attributable to
those amounts, property, or rights are (until paid or made available to the employee or other beneficiary) solely the property and rights of
the City (without being restricted to the provisions of the benefits under the plan), subject only to the claims of the City's general creditors.
Participants' rights under the plan are equal to those of general creditors of the City in an amount equal to the fair market value of the
deferred account for each participant.
It is the opinion of legal counsel that the City has no liability for losses under the plan but does have the duty of due care that would be
required of an ordinary prudent investor.
As of June 30, 1996 the following balances of assets and liabilities were present:
52
M
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 16: Deferred Compensation Plan (Continued)
Carrying Amount
(Market Value)
Total Assets $ 4.541.108
Liability to Plan Participants $ 4.541.108
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 turn, 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.
V. SEGMENT INFORMATION
Note 18: Segment Information - Enterprise Fund
a. The following schedule presents segment information for the Enterprise Fund maintained by the City.
53
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 18: Segment Information - Enterprise Fund (Continued)
Sports Complex
Operating revenues $ 1,052,659
Depreciation 424,662
Operating income (loss) (1,055,410)
Operating transfers in 366,359
Tax revenues 202,733
Net income (loss) (481,867)
Contributed capital 20,906,974
Additions to contributed capital:
Property, plant, and equipment
(net of accumulated depreciation) 20,547,755
Additions to property, plant and equipment 464,519
Net working capital 212,155
Total assets 20,957,507
Total equity 20,759,910
b. Reconciliation of Contributed Capital
Sports Complex
Beginning balance $20,889,575
Additions 436,478
Depreciation related to contributed capital (419.079)
Ending Balance $ 20.906.974
VI. SIGNIFICANT EFFECTS OF SUBSEQUENT EVENTS
Note 19: Bonds Issued by Redevelopment Agency
On September 1, 1996, the Agency issued 1996 Housing Set-Aside Tax Allocation Bonds in the amount of $37,665,000. Proceeds of this
issue were to be used to repay existing loans to Sanwa Bank in the amounts of $28,710,670 and to complete projects for which those loans
were originated. The bond issue consists of $8,970,000 of serial bonds with maturities beginning September 1, 1997 through September
1, 2006 and $28,695,000 of term bonds maturing thereafter.
54
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 20: Recent Legislation
During 1995, the California Supreme Court issued a decision which reinstated California'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.
55
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a
CITY OF RANCHO CUCAMONGA Schedule 1
BALANCE SHEET
GENERALFUND
JUNE 30, 1996
TOTALS
A S S E T S June 30,
1996 1995
Cash and investments $ 26,481,796 $ 17,723,257
Receivables(net of allowance for uncollectibles):
Taxes 1,490,583 1,323,049
Accounts 887,709 579,924
Interest 250,142 241,586
Due from other funds 1,415,494 6,085,323
Prepaid PERS costs 1,096,403 -
Deposits 8,991 8,991
Advances to other funds 14,772,211 13,578,263
Total Assets $ 46,403,329 $ 39,540,393
LIABILITIES AND FUND BALANCES
Uabllitles:
Accounts payable $ 491,264 $ 1,212,870
Accrued payroll payable 162,802 9,126
Accrued employee benefits payable-current 1,230,843 1,107,092
Due to other funds 66,160 2,390,957
Deferred revenue 6,453,936 5,557,036
Total Liabilities 8,405,005 10,277,081
Fund Balances:
Reserves:
Reserved for encumbrances 469,002 306,465
Reserved for prepaid PERS costs 1,096,403 -
Reserved for capital projects - 105,193
Reserved for advances to other funds 8,321,226 8,021,226
Unreserved:
Designated for self-Insurance 5,064,630 2,716,770
Designated for future computer equipment 3,250,000 1,700,000
Designated for County Library agreement 300,000 -
Designated for Lions East and West renovation 835,600 -
Designated for employee leave pay outs 1,824,140 1,625,000
Designated for Integrated waste management 534,078 757,714
Designated for booking fees 600,000 562,697
Designated for city facilities'capital repairs 4,264,645 3,500,000
Designated for changes in economic circumstances 9,086,100 8,720,000
Designated for law enforcement 1,000,000 300,000
Designated for working capital 1,352,500 948,247
Undesignated
Total Fund Balances 37,998,324 29,263,312
Total Liabilities and Fund Balances $ 46,403,329 $ 39,540,393
56
CITY OF RANCHO CUCAMONGA Schedule 2
STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCES
GENERALFUND
FOR THE FISCAL YEAR ENDED JUNE 30,1996
TOTALS
Year ended June 30,
1
Revenues: 996 1995
Taxes $ 21,104,640 $19,828,422
Licenses and permits 1,593,576 1,613,580
Fines and forfeits 207,188 352,046
Use of money and property 2,294,809 1,783,197
Intergovernmental 5,383,283 5,199,377
Charges for services 1,875,752 1,266,483
Other 2,602,148 3,401,518
Total Revenues 35,061,396 33,444,623
Expenditures:
Current:
General government 4,893,189 5,997,950
Public safety 9,417,013 9,053,236
Engineering and public works 6,306,375 6,196,121
Community development 2,964,885 2,755,800
Community services 1,092,788 1,050,641
Debt service:
Principal 254,933 230,944
Interest and fiscal charges 38,596 48,300
Total Expenditures 24,967,779 25,332,992
Excess of Revenues over(under) Expenditures 10,093,617 8,111,631
Other Financing Sources(Uses):
Operating transfers in 267,559 28,818
Operating transfers out (1,644,636) (2,545,800)
Excess funds from bond trustee 18,730
Total Other Financing
Sources(Uses) (1,358,347) (2,516,982)
Excess of Revenues and Other
Sources over(under) Expenditures
and Other Uses $ 8,735,270 $ 5,594,649
Fund Balances:
Beginning of Fiscal Year -as previously reported $ 29,263,312 $22,734,318
Restatements 934,345
Beginning of Fiscal Year-as restated 29,263,312 23,668,663
Excess of Revenues and Other
Sources over(under)Expenditures
and Other Uses 8,735,270 5,594,649
Residual equity transfers (258)
End of Fiscal Year(Schedule 1) $ 37,998,324 $29,263,312
57
CITY OF RANCHO CUCAMONGA Schedule 3
Pagel of 5
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES-BUDGET AND ACTUAL (BUDGETARY BASIS)
GENERALFUND
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
T O T A L S-Year Ended June 30,
1996 1995
variance-
Favorable
Budget Actual (Unfavorable) Actual
Revenues:
Property taxes $ 1,671,630 $ 1,772,721 $ 101,091 $ 1,727,482
Othertaxes:
Property transfer tax 215,000 231,025 16,025 234,698
Transient occupancy tax 110,000 120,124 10,124 127,061
Sales and use taxes 8,762,000 9,590,636 828,636 8,245,033
Admission tax - 5,030 5,030
Franchise taxes 3,486,910 2,963,231 (523,679) 3,033,510
Utility users tax 6,500,000 6,421,873 (78,127) 6,460,638
Total Taxes 20,745,540 21,104,640 359,100 19,826,422
Licenses and permits:
Building permits 670,000 708,078 38,078 790,163
Business licenses 800,000 877,706 77,706 813,876
Other permits 7,600 7,792 192 9,541
Total Licenses and Permits 1,477,600 1,593,576 115,976 1,613,580
Fines,forfeits and penalties:
Court fines 223,500 128,095 (95,405) 289,183
Parking tickets and other 85,700 79,093 (6,607) 62,863
Total Fines and Forfeits 309,200 207,188 (102,012) 352,046
Use of money and property:
Interest income 580,000 2,294,809 1,714,809 1,783,197
Total Use of Money and Property $ 580,000 $ 2,294,809 $ 1,714,809 $ 1,783,197
58
CITY OF RANCHO CUCAMONGA Schedule 3
SCHEDULE OF REVENUES, EXPENDITURES AND Page 2 of 5
CHANGES IN FUND BALANCES-BUDGET AND ACTUAL (BUDGETARY BASIS)
GENERALFUND
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
T O T A L S-Year Ended June 30
1996
ar ance-
Favorable
Budget Actual (Unfavorable) Actual
Intergovernmental:
Motor vehicle in lieu $ 4,000,000 $ 4,532,696 $ 532,696 $ 4,197,474
Homeowners exemption and other subvention 22,000 60,596 38,596 61,506
Youth program reimbursements 100,910 100,905 (5) . 89,632
State grant reimbursements 307,190 98,434 (208,756) 89,404
FEMA claims 300 267 (33) -
Waste management fees - 588,518 588,518 759,504
Off-highway motor vehicle 1,500 1,867 367 1,857
Total intergovernmental 4,431,900 5,383,283 951,383 5,199,377
Charges for services:
Plan check fees 315,000 333,491 18,491 369,032
Planning fees 275,000 417,135 142,135 249,352
Engineering fees 322,000 524,062 202,062 401,172
Sale of materials 78,000 75,485 (2,515) 80,724
Other charges for services 497,060 525,579 28,519 166,203
Total Charges for Services 1,487,060 1,875,752 388,692 1,266,483
Other:
Cost reimbursements 2,004,480 2,578,903 574,423 3,357,986
Sale of surplus properties 2,000 2,001 1
Miscellaneous revenue 588,300 21,244 (567,056) 43,532
Total Other 2,594,780 2,602,148 7,368 3,401,518
Total Revenue $31,626,080 $35,061,396 $ 3,435,316 $33,444,623
59
CITY OF RANCHO CUCAMONGA Schedule 3
SCHEDULE OF REVENUES, EXPENDITURES AND Page 3 of 5
CHANGES IN FUND BALANCES-BUDGET AND ACTUAL (BUDGETARY BASIS)
GENERALFUND
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
T O T A L S-Year Ended June 30,
1996 1995
Variance-
Favorable
Budget Actual (Unfavorable) Actual
Expenditures:
General government:
City council $ 67,800 $ 62,200 $ 5,600 $ 64,051
City manager 437,590 421,418 16,172 429,747
City clerk 320,109 307,382 12,727 263,630
Personnel overhead 626,754 (945,595) 1,572,349
(371,342)
General overhead 1,556,670 869,546 687,124 1,576,947
Treasurer 3,070 2,984 86 2,367
Administrative services 1,143,858 1,121,583 22,275 1,043,207
Finance 471,200 455,519 15,681 428,341
Business licenses 123,717 122,023 1,694 116,949
Personnel 198,410 192,526 5,884 188,993
Purchasing 149,030 147,437 1,593 138,129
Risk management 81,120 75,330 5,790 69,403
Fire District administration 124,604 88,828 35,776 152,394
Redevelopment Agency Administration 659,166 579,339 79,827 618,113
City facilities 1,757,614 1,502,347 255,267 1,333,721
Total General Government 7,720,712 5,002,867 2,717,845 6,054,650
Public safety:
Police:
Sheriff contract services 9,554,589 9,127,503 427,086 8,789,913
Animal control 94,536 76,651 17,885 60,918
Emergency preparedness 226,590 213,891 12,699 203,633
Total Public Safety $ 9,875,715 $ 9,418,045 $ 457,670 $ 9,054,464
60
CITY OF RANCHO CUCAMONGA Schedule 3
Page 4 of 5
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES- BUDGET AND ACTUAL(BUDGETARY BASIS)
GENERALFUND
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
T O T A L S-Year Ended June 30,
1996 1995
Variance-
Favorable
Budget Actual (Unfavorable) Actual
Engineering and public works:
Engineering administration $ 1,033,690 $ 872,484 $ 161,206 $ 694,620
Development management 810,550 693,848 116,702 658,563
Traffic management 221,970 251,967 (29,997) 204,691
Project management 399,720 389,940 9,780 888,301
Construction management 346,740 393,453 (46,713) 342,815
Waste management 632,180 476,554 155,626 450,050
Street and park maintenance 3,219,240 2,945,444 273,796 2,663,809
Vehicle maintenance 635,528 564,672 70,856 512,096
Total Engineering and Public Works 7,299,618 6,588,362 711,256 6,414,945
Community development:
Planning commission 48,070 42,964 5,106 36,652
Administration 146,440 139,905 6,535 150,504
Planning 1,072,550 1,057,871 14,679 1,164,185
Building and safety 1,794,440 1,799,292 (4,852) 1,434,172
Total Community Development 3,061,500 3,040,032 21,468 2,785,513
Community services:
Community services 1,141,950 1,092,924 49,026 1,049,584
Park and recreation commission 1,570 1,022 548 1,057
Total Community Services $ 1,143,520 $ 1,093,946 $ 49,574 $ 1,050,641
61
CITY OF RANCHO CUCAMONGA Schedule 3
Page 5 of 5
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES-BUDGET AND ACTUAL (BUDGETARY BASIS)
GENERALFUND
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
T O T A L S-Year Ended June 30,
1996 1995
Variance-
Favorable
Budget Actual (Unfavorable) Actual
Debt service:
Principal $ $ 254,933 $ (254,933) $ 230,944
Interest and fiscal charges 38,596 (38,596) 48,300
Total Debt Service 293,529 (293,529) 279,244
Total Expenditures $29,101,065 $25,436,781 $ 3,664,284 $25,639,457
Excess of Revenues over(under)Expenditures $ 2,525,015 $ 9,624,615 $ 7,099,600 $ 7,805,166
Other Financing Sources(Uses):
Operating transfer In $ - $ 267,559 $ 267,559 $ 28,818
Operating transfer out (1,116,360) (1,644,636) (528,276) (2,545,800)
Excess funds from bond trustee 18,730 18,730
Total Other Financing Sources(Uses) $ (1,116,360) $ (1,358,347) $ (241,987) $ (2,516,982)
Excess of Revenues and Other Sources
over(under) Expenditures and Other
Uses(Budgetary Basis) $ 1,408,655 $ 8,266,268 $ 6,857,613 $ 5,288,184
Adjustments:
To adjust for encumbrances $ $ 469,002 $ 469,002 $ 306,465
Excess of Revenues and Other Sources
over(under) Expenditures and Other
Uses(GAAP Basis) $ 1,408,655 $ 8,735,270 $ 7,326,615 $ 5,594,649
Fund Balances:
Beginning of Fiscal Year -as previously reported $29,263,312 $29,263,312 $ - $22,734,318
Restatements 934,345
Beginning of Year-as restated 29,263,312 29,263,312 23,668,663
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) 1,408,655 8,735,270 7,326,615 5,594,649
Residual equity transfers (258) (258)
End of Fiscal Year(Schedule 1) $30,671,967 $37,998,324 $ 7,326,357 $29,263,312
62
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SPECIAL REVENUE FUNDS
Gas Tax Fund
Establish 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
Establish 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.
SB300 Fund
Established to account for the revenue and disbursement of state general funds monies for the
reconstruction of existing roadways when the widening brings the road up to generally acceptable
safety standards..
Lighting Districts Fund
Established to account for the costs associated with providing street lights. Financing is provided
' by special assessments levied against the benefitting 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 benefitting property owners.
1
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. '
Pedestrian Grants Fund
Established to account for the revenue and disbursement of funds received for the construction of r
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 r
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 '
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.
r
r
r
' SB 140
Established to account for the revenue and disbursement of State matching funds for the construction
of eligible street construction projects.
Air Quality Improvement 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& Safety Code Chapter 7, Part 5
of Division 26, commencing with Section 44220).
' 800 MHZ Fund
Established to account for the revenue and disbursement of funds received as a result of the
formation of the West End Communications Financing Authority which issued bonds to provide
funds for the acquisition of certain capital equipment by the cities of Chino, Ontario, and Rancho
Cucamonga, California.
Fuel Efficient Traffic Signal Management Grant Fund (FETSIM)
Established to account for grants received from the California Department of Transportation. These
revenues are to be used on the retiming of signalized intersections.
SBA Tree Grant
Established to account for expenses and reimbursements associated with the U.S. Small Business
Administration's discretionary grant program for the planting of trees by certified small businesses.
' South Etiwanda Drainage
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
Established to account for the revenue and disbursement of county/local gasoline tax funds for the
construction and maintenance of eligible street projects.
Library Services ,
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 ,
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 '
The California Literacy Campaign Grant is administered by the State Library of California for the
purpose of promoting literacy. '
Weingart Foundation Grant
The Weingart Grant Fund is administered by a private foundation (Weingart Foundation) which '
awarded this one time grant to the City of Rancho Cucamonga's Library. These funds are to be used
specifically for the establishment of an electronic learning library meant to provide students
(kindergarten through twelfth grade) with home work assistance.
MURLS Grant
Awarded each year by the California State Library this Grant program is titled Major Urban ,
Resource Libraries Services Grant and 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
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.
Fire District
Established to account for the revenue and disbursement of funds received by Rancho Cucamonga ,
Fire Protection District in the course of that agency's fire protection services.
r
rr rr rr r■ s r �r rr ■r Nr r � r r � rir � r r�
CITY OF RANCHO CUCAMONGA Schedule 4
Page 1 of 4
COMBINING BALANCE SHEET
ALL SPECIAL REVENUE FUNDS
JUNE 30,1996
Landscape
Park Lighting Maintenance Systems
Gas Tax SB 325 Recreation Development Beautification SB 300 Districts Districts Development
A S S E T S
Cash and investments $ 2,617,428 $ 667,972 $ 246,100 $ 659,704 $ 860,092 $ - $ 1,088,476 $ 7,266,567 $ 2,193,812
Receivables(net of allowance for uncollectibles):
Taxes - - - - - - 24,870 101,106 -
Accounts 1,797 - 484 - - - - 936 -
Accrued Interest - - - - - - - -
Deferred loans - - - - - - - - -
Wants - - - - - - - - -
Liens 2,461 - - - - - - - 1,379
Due from other funds - - - - - - -
Deposits - -
Total Assets $ 2,621,686 $ 667,972 $ 246,584 $ 659,704 $ 860,092 $ $ 1,113,346 S 7,368,609 $ 2,195,191
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable $ 43,615 S 9,732 $ 16,747 $ 65,749 $ 34,374 $ - $ 69,700 $ 383,379 S 28,272
Accrued payroll payable 16,089 619 10,336 - 1,835 - 308 16,208 4,596
Employee benefits payable - - - - - - - -
Due to other funds - - - - - - - -
Duetoothergovemments - - - - - - -
Deferred revenue - - - - 65,396 - - - -
Advances from other funds 300.000
Total Liabilities 59,704 10,351 27,083 365,749 101,605 70,008 399,587 32,868
Fund Balances:
Reserves:
Reserved for encumbrances 549,323 49,000 1,517 139,176 9,077 - 1,298 394,930 5,880
Reserved for capital projects - - - - - - 566,587 3,438,111 -
Reserved for tree replacement - - - - - - - -
Reserved for future fire station - - - - - - - -
Reserved for land acquisition - - - - - - - -
Reserved for employee leave pay outs - - - - - - - - -
Reserved for radio system acquisition - - - - - - - -
Reserved for vehicle and
equipment replacement 161,930 - - - - - - - -
Reserved for salary settlement - - - - - - - -
Unreserved:
Designated for working capital - - - - - - 475,453 3,135,981 -
Undesignated 1,850,729 608,621 217,984 154,779 749,410 2,156,443
Total Fund Balances 2,561,982 657,621 219,501 293,955 758,487 1,043,338 6,969,022 2,162,323
Total Liabilities and Fund Balances $ 2,621,686 $ 667,972 $ 246,584 $ 659,704 $ 860,092 $ $ 1,113,346 S 7,368,609 $ 2,195,191
63
CITY OF RANCHO CUCAMONGA Schedule 4
COMBINING BALANCE SHEET Page 2 of 4
ALL SPECIAL REVENUE FUNDS
JUNE 30,1996
Community San Sevens/ Air
Park Bond Drainage Pedestrian Federal Development Assessment Etiwanda Quality 800 MHZ
ASSET S Act Facilities Grants Aid Urban Block Grant Administration Drainage SB 140 Improvement Radio
Cash and Investments $ - S 449,033 $ 6,860 $ 183,954 $ - $ 299,993 $ 845,469 $ 34,444 $ 184,005 $
Receivables(net of allowance for uncollectibtes): -
Taxes
Accounts - - - - - 9835,035
Accrued Interest
Deferred loans -
196,389
Grants 274,574 - 159,529 263,816 - - 362,235Lana
- -
Due from other funds - _ -
Deposits
Total Assets $ 274,574 $ 449,033 $ 6,860 $ 343,483 E 460,205 $ 300,091 L_845,469 $ 396,679 S 219,040 $
LIABILITIES AND FUND BALANCES
Liabilities:
Amounts payable $ 78,098 $ 43,329 S - $ 10.380 $ 18,925 S 2,302 $ - $ - $ 20,382 $
Accrued payroll payable - - - - 3,266 3,774 -
Employee benefits payable _ - - 249 185 -
Duetootherfunds 196,476 - - - 241,625 - - 315,994 - -
Due to other governments - - 20,455 196,389
Deferred revenue - 3,568 - -
Advances from other funds
Total Liabilities 274,574 46,897 30,835 460,205 6,076 316,243 20,547
Fund Balances:
Reserves:
Reserved for encumbrances 167,697 - - - 56,920 1,975 - 309,543 32,773 -
Reserved for capital projects - -
Reserved for tree replacement
Reserved for future fire station
Reserved for land acquisition - - - - -
Reserved for employee leave pay outs
Reserved for radio system acquisition -
Reserved for vehicle and
equipment replacement - - - - - - -
Reserved for salary settlement
Unreserved:
Designated for working capital - - - - - - -
Undesignated (167,697) 402,136 6,860 312,648 (56,920) 292,040 845,469 229,10 165,720
Total Fund Balances 402,138 6,860 312,648 294,015 845,469 80,436 198,493
Total Liabilities and Fund Balances $ 274,574 $ 449,033 $ 6,860 $ 343,483 S 460,205 S 300,091 S 845,469 E 396,679 $ 219,040 $
64
CITY OF RANCHO CUCAMONGA Schedule 4
Page 3of4
COMBINING BALANCE SHEET
ALL SPECIAL REVENUE FUNDS
JUNE 30, 1996
South Masi California Weingart Major Urban
FETSIM SBA Etiwanda Commerce Library Literacy Foundation Resource
Grant Tree Grant Drainage Center Measure I Services Metrolink Campaign Grant Library Grant
A S S E T S
Cash and Investments $ 154 $ - E 11,423 $ - $1,214,037 $ 22,824 $ 16,390 $ 13,730 $ - $ 8,316
Receivables(net of allowance for uncollectibles): -
Taxes - - - - 125,399 353,546 -
Accounts - - - 4,937 - - 5,062 -Accrued Interest - - -
Deferred loans -
Grants - - 490-
Due from other funds
Deposits
Total Assets $ 154 $ E 11,423 $ 4,937 E 1,339,436 E 376,370 E 21,452 $ 13,730 $ $ 8,806
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable $ - $ - $ - E - $ 868 E 25,762 $ 3.902 E 2,371 E $ 8,806
Accrued payroll payable - - - - 2,334 11,082 72 398
Employee benefits payable _
Due to other funds - - - 4.937 117,466 1,088
Due to other governments - - - - 10961 .
Deferred revenue 154 - _
Advances from other funds
Total Liabilities 154 4,937 3,222 154,310 5,062 13,730 - 8,806
Fund Balances:
Reserves:
Reserved for encumbrances - - - - 2,636,767 250 4,136 8,584
Reserved for capital projects
Reserved for tree replacement
Reserved for future Bre station -
Reserved for land acquisition - - - -
Reserved for employee leave pay outs - -
Reserved for radio system acquisition - - -
Reserved for vehicle and
equipment replacement - _ - -
Reserved for salary settlement -
unreserved: 63,375 - - -
Designated for working capital -
Undesignated - 11,423 1,300.553 158,435 12,254 (8,584)
Total Fund Balances 11,423 1,336,214 222,060 16,390 - -
Total Liabilities and Fund Balances $ 154 $ E 11,423 $ 4,937 L1,339.436 S 376,370 $ 211452 E 13,730 E E 8,806
65
CITY OF RANCHO CUCAMONGA Schedule 4
COMBINING BALANCE SHEET Page 4 of 4
ALL SPECIAL REVENUE FUNDS
JUNE 30, 1996
Used Oil TOTALS
Recycling Fire June 30,
ASSET S Grant District 1996 1995
Cash andinvestments $ - $ 5,297,063 E 24,187,846 E 21,476,170
Receivables(net of allowance for uncollectibles):
Taxes - 165,754 770,675 660,426
Account - 7,802 56,151 108,253
Accrued Interest 95,124 95,124 70,587
Deferred loans - 196,389 121,775
Grants 24,638 - 1,085,282 2,629,124
Uens 3,840 3,945
Due from other funds - 102 751 102 751 1 111 007
Deposit 635,000
Total Asset S 24,638 S 5,688,494 S 26,498,058 E 26,816,287 II
LIABILITIES AND FUND BALANCES
Liabilities:
Account payable E 1883 $ 103,884 $ 979,480 E 1,028,131
Accrued payroll payable 108 233,971 305,410 275,195
Employee benefit payable - 566,850 566,850 562,667
Due to other funds 15,647 407,278 1,300,511 3,361,552
Due to other government - - 216,844 142,230
Deferred revenue - - 80,079 174,444
Advances from other funds 300 Ogg
Total Uabilities 24,638 1,31109&7 3,749,174 5,544,219
Fund Balances:
Reserves:
Reserved for encumbrances - - 4,368,846 12,774
Reserved for capital project - 30,000 4,034,698 3,280,737
Reserved for tree replacement - - - 55,404
Reserved for future fire station - 1,692,910 1,692,910 1,175,311
Reserved for land acquisition - 300,000 300,000 300,000
Reserved for employee leave pay out - 288,160 288,160 288,160
Reserved for radio system acquisition - 50,000 50,000 80,000
Reserved for vehicle and
equipment replacement - 949,041 1,110,971 119,950
Reserved for salary settlement - 553,000
Unreserved:
Designated for working capital - 1,046,400 4,721,209 3,869,648
Undesignated 6,182,090 11,537,084
Total Fund Balances 4,356,511 22,748,884 21,272,068
Total Uabilities and Fund Balances E 24,638 E 5,666,494 L26.498.058 E 26,816,287
66
CITY OF RANCHO CUCAMONGA Schedule 5
Page 1 of 4
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
Landscape
Park Lighting Maintenance Systems
Revenues: Gas Tax SB 325 Recreation Development Beautification SB 300 Districts Districts Development
Taxes $ $ - $ - $ - $ $ $1,146,530 $ 4,971,254 $ -
Fines and forfeits - - - - - - -Use of money and property 147,232 43,772 - 21,924 - - 55,269 377,150 -
Intergovernmental 2,052,178 - - - - - - - -
Chargesforservices - - 704,842 - - - -Development fees - - - 722.199 195,141 - 9,527 - 1,150,133
Other - 24,427
Total Revenues 2,199,410 43,772 704,842 744,123 195,141 1,211,326 5,372,831 1,150,133
Expenditures:
Current:
General govemment - - - - - - 1,118,723 - -
Engineering and public works 1,679,559 41,650 - - 146,834 - - - 518,519
Community development - - - - - - - 3,400,693 -
Community services - - 794,076 805,415 - - - - -
Public safety-fire protection - - - - - - -Capital outlay 336,641 121,769 - 191,485 45,948 - - 1,194,795 960,868
Debt service:
Principal 61,146 - - - - -
Interest and fiscal charges 10,186 -
Total Expenditures 2,087,532 163,419 794,076 996,900 192,782 1,118,723 4,595,488 1,479,387
Excess of Revenues over
(under)Expenditures 111,878 (119,647) 8( 9,234) (252,777) 2,359 - 92,603 777,343 (329,254)
Other Financing Sources(Uses):
Operating transfers In - - 128,000 - - - - -
Operating transfers out - - - (374,715) - - - - -
Miscellaneous
Total Other Financing ,
Sources(Uses) -7' - (246,715) -
Excess of Revenues and Other
Sources over(under)Expenditures
and Other Uses $ 111,878 $ (119,647) $ 81 9,234) $ (499,492) $ 2,359 $ $ 92,603 $ 777,343 $ (329,254)
Fund Balances:
Beginning of Fiscal Year•as originally reported $ 2,450,104 $ 777,268 $ 308,735 $ 793,447 $ 756,128 $ - $ 950,735 $ 6,191,679 $ 2,491,577
Restatements
Beginning of Fiscal Year-as restated 2,450,104 777,268 308,735 793,447 756,128 - 950,735 6,191,679 2,491,577
Excess of Revenues and Other
Sources over(under)Expenditures
and Other Uses 111,878 (119,647) (89,234) (499,492) 2,359 - 92,603 777,343 (329,254)
Residual Equity Transfers
End of Fiscal Year(Schedule 4) $ 2,561,982 $ 657,621 $ 219,501 $ 293,955 $ 758,487 $ - $1,043,338 $ 6,969,022 $ 2,162,323
67
CITY OF RANCHO CUCAMONGA Schedule 5
Page 2 of 4
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
Community San Sevaine/ Air
Park Bond Drainage Pedestrian Federal Development Assessment Etiwanda Quality 800 MHZ
Revenues: Act Facilities Grants Aid Urban Block Grant Administration Drainage SB 140 Improvement Radio
Taxes $ - $ - S - $ - $ - $ - $ - $ -
Fines and forfeits - - - - - - - - -Use of money and property - 2,893 3,336 - - 24,021 - - 12,086 -
Intergovernmental 237,303 - - 47,259 867,149 - - 14,177 130,384 -
Charges for services - - - - - - - - - -
Development lees - 141,921 - - 433,888 28,389 - - -
Other
Total Revenues 237,303 144,820 3,336 47,259 867,149 457,909 28,389 14,177 142,470
Expenditures:
Current:
General government - - - - - 399,624 - - 92,366 -
Engineering and public works - 38,378 - 2,502 - - - - -
Community development - - - - 123,280 - - - -
Community services
Public safety-fire protection - - - - - - - - - -
Cspitaloueay 237,30.1 43,330 47,759 743,869 - - 14,177 80,334 -
Debt service:
Principal - - - - - - - -
Interest and fiscal charges -
Total Expenditures 237,303 81,708 50,261 867,149 399,624 14,177 172,700
Excess of Revenues over
(under)Expenditures 63,112 3.336 (3,002) 58,285 28,389 (30,230)
Other Financing Sources(Uses):
Operating transfers In
Operating transfers out - - - - - - - -
Misceihmeous - -
Total Other Financing
Sources(Uses) -
Excess of Revenues and Other
Sources over(under)Expenditures
and Other Uses $ $ 63,112 S 3,336 S (3,002) $ S 58,285 $ 28,389 $ $ (30,230) $
Fund Balances:
Beginning of Fiscal Year•as originally reported $ $ 339,024 $ 3,524 $ 315,650 $ - $ 235,730 $ 817,080 $ 80,436 $ 228,723 $ (57)
Restatements -
Beginning of Fiscal Year-as restated 339,024 3,524 315,650 - 235,730 817,080 80,436 228,723 (57)
Excess of Revenues and Other
Soumes over(under)Expenditures
and Other Uses - 63,112 3,336 (3,002) - 58,285 28,389 - (30,230) -
Residual Equity Transfers 57
End of Fiscal Year(Schedule 4) $ $ 402,136 $ 6,860 $ 312,648 $ S 294,015 $ 845,469 $ 80,436 $ 198,493 $
t/
68
-ri � m � M m s ■I M M M MM =' = M = =' M
CITY OF RANCHO CUCAMONGA Schedule 5
Page 3 of 4
COMBINING STATEMENT OF REVENUES,EXPENDITURES
AND CHANGES IN FUND BALANCES
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
South Masi California Weingart Major Urban
FETSIM SBA Etiwanda Commerce Library Literacy Foundation Resource
Revenues: Grant Tree Grant Drainage Center Measure I Services Metrolink Campaign Grant Library Grant
Taxes S - S - E - E - E - $ 889,051 $ - $ - $ - E -
Fines and forfeits - - - - - - - - - -
Use of money and property - - - - 55,661 48,145 186 - - -
Intergovernmental - - - - 952,189 - 139,939 73,409 5,000 8,806
Charges for services - - - - - 90,075 - - - -
Development fees - - 27,609 4,937 - - - - - -
Other 89,280
Total Revenues 27,609 4,937 1,007,850 1,116,559 140,125 73,409 5,000 8,806
Expenditures:
Current:
General government - - 17,665 2,985 - - - - - -
Engineering and public works - - - - 116,699 - 71,095 - - -
Community development - - - - - - - - - -
Community services - - - - - 959,265 - 64,902 - 8,806
Public safety-fire protection - - - - - - - - -Capital outlay - - - - 25,196 3,899 71,458 8,507 5,000 -
Debt service:
Principal - - - - - 100,000 - - - -
Interest and fiscal charges
Total Expenditures 17,665 2,985 141,895 1,063,164 142,553- 73,409 5,000 8,806
Excess of Revenues over
(under)Expenditures - 9,944 1,952 865,955 53,395 (2,428) -
Other Financing Sources(Uses):
Operating transfers in - - - - - 100,000 - - - -
Operating transfers out - - - - - - - - -
Miscellaneous
Total Other Financing
Sources(Uses) 100,000 -
Excess of Revenues and Other
Sources over(under)Expenditures
and Other Uses E E E 9,944 $ 7,952 E 865,955 E 153,395 S (2,428) $
$ $
Fund Balances:
Beginning of Fiscal Year-as originally reported $ - $ (201) E 1,479 E (1,952) $ 470,259 $ 68,665 S 18,818 $ - $ - $ -
Restatements - -
Beginning of Fiscal Year-as restated - (201) 1,479 (1,952) 470,259 68,665 18,818 - - -
Excess of Revenues and Other
Sources over(under)Expenditures ' '-
and Other Uses - - 9,944 1,952 865,955 153,395 (2,428) - -
Residual Equity Transfers 201
End of Fiscal Year(Schedule 4) E $ - $ 11,423 E S 1,336,214 E 222,060 - $ 16,390 $ $ $
v � ✓
69
CITY OF RANCHO CUCAMONGA Schedule 5
COMBINING STATEMENT OF REVENUES, EXPENDITURES Page 4 of 4
AND CHANGES IN FUND BALANCES
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
Used 011 TOTALS
Recycling Fire Year ended une 30.
Revenues: Grant District 1996 1995
Taxes E - E 8,788,146 E 13,794,981 E 13,233,617
Fines and forfeits - 84,001 84,001 63,150
Use of money and property - 356,224 1,147,899 881,017
Intergovernmental 30,604 1,237,724 5,796,121 8,463,070
Charges for services - 75,322 870,239 857,187
Development fees - - 2,713,750 2,797,661
Other 2,404 116,119 76,683
Total Revenues 30,604 8,543,821 24,523,110 26,372,385
Expenditures:
Current:
General government - - 1,631,363 1,564,528
Engineering and public works 30,604 - 2,645,840 2,852,460
Community development - - 3,523,973 4,409,328
Community services - - 2,632,464 1,650,256
Public safety-fire protection - 8,951,549 8,951,549 9,080,935
Capital outlay - - 4,132,338 7,350,942
Debt service:
Principal - - 161,146 447,882
Interest and fiscal charges 10,186 113,080
Total Expenditures 30,604 8,951,549 23,688,859 27,469,411
Excess of Revenues over
(under)Expenditures (407,728) 834,251 (1,097,026)
Other Financing Sources(Uses):
Operating transfers In - 778,881 1,006,881 619,757
Operating transfers out - - (374,715) (161,474)
Miscellaneous 10,141 10,141 102,477
Total Other Financing
Sources(Uses) 789,022 642,307 560,760
Excess of Revenues and Other
Sources over(under)Expenditures
and Other Uses E E 381,294 E 1,476,558 E (536,266)
Fund Balances:
Beginning of Fiscal Year-as originally reported E - E 3,975,217 E 21,272,068 E 21,765,166
Restatements 43,168
Beginning of Fiscal Year-as restated - 3,975,217 21,272,068 21,808,334
Excess of Revenues and Other
Sources over(under)Expenditures
and Other Uses - 381,294 1,476,558 (536,266)
Residual Equity Transfers 258
End of Fiscal Year(Schedule 4) E E 4,356,511 E 22,748,884 E 21,272,068
70
CITY OF RANCHO CUCAMONGA Schedule 6
COMBINING SCHEDULE OF REVENUES Page 1 of 9
EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
GAS TAX SB 325 RECREATION
anence- anence- Variance.Favorable Favorable Favorable
Revenues: Budget Actual Unfavorable Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Taxes $ - S - S - $ - $ - S $ - $ - $
Fines and forfeits -
Use of money and property 6,000 147,232 141,232 - 43,772 43,772 - - -
Intergovernmental 1,950,000 2.052,178 102,178 -
Chargesforservices - 10,378 715,220 704,842
Development fees ( )
Other
Total Revenues 1,956,000 2,199,410 243,410 43,772 43,772 715,220 704,842 (10,378)
Expenditures:
Current:
General government
Engineering and public w 30 works 1,597,6 1,679,559 (81,929) 23,410 41,650 (18,240)
Community development - _ _ -
Communityservices - - - - - - 934,900 795,593 139,307
Public safety-fire protection - - _ _
Capital outlay 1,392,729 885,964 506,765 138,100 170,769 (32,669)
Debt service: -
Principal - 61,146 (61,146)
Interest and fiscal charges 10,188 10,186 - -
Total Expenditures 2,990,359 2,636,855 353,504 161,510 212.419 (50,909) 934,900 795,593 139,307
Excess of Revenues over
(under)Expenditures (1,034,359) (437,445) 596,914 (161,510) (168,647) (7,137) 219,680 (90.751) 128,929
Other Financing Sources(Uses):
Operating transfers in
Operating transfers out
Miscellaneous -
Total Other Financing
Sources(Us")
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) (1,034,359) (437,445) 596,914 (161,510) (168,647) (7,137) (219,680) (90,751) 126,929
Adjustments:
To adjust for encumbrances 549,323 549,323 49,000 49,000 1,517 1,517
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) _5(1,034,359) L 111,878 $1,146,237 S (181,510) S (119,647) $ 411863 S 21( 9.880) E 69,234 $ 130,446
Fund Balances:
Beginning of Fiscal Year-as originally reported $ 2,450,104 $2,450,104 $ - $ 777,268 $ 777,268 S - S 308,735 $ 308,735 $ -
Restatements
Beginning of Fiscal Veer-es restated 2,450,104 2,450,104 - 777,268 777,268 - 308,735 308,735 -
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) (1,034,359) 111,878 1,146,237 (161,510) (119,647) 41,863 (219,680) (89,234) 130,446
Residual Equity Transfers
End of Fiscal Year $ 1,415,745 S 2,561,982 $1,146,237 $ 615,758 $ 657,621 $ 41,863 $ 89,055 $ 219,501 $ 130,448
71
CITY OF RANCHO CUCAMONGA Schedule 6
COMBINING SCHEDULE OF REVENUES, Page 2 of 9
EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
PARK DEVELOPMENT BEAUTIFICATION LIGHTING DISTRICTS
enance- Variance- Variance-
Favorable Favorable Favorable
Revenues: Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Taxes E - S - $ - E - $ - E - E 1,069,290 $1.146,530 $ 77,240
Fines and forfeits - - -
Use of money and property 1,170 21,924 20,754 - - - 21,670 55,269 33,599
Intergovernmental - -
Chargesforservices - - -
Developmentfees 640,000 722,199 82,199 150,000 195,141 45,141 1,620 9,527 7,907
Other - 14,500 14,500
Total Revenues 641,170 744,123 102,953 150,000 195,141 45,141 1,107,080 1,211,326 104,246
Expenditures:
Current:
General government - - - - - - 1,173,860 1,120,021 53,839
Engineering and public works - - - 145,270 146,834 (1,564) - -
Community development - -
Community services 36,620 805,415 (768,795) - - -
Public safety•fire protection -
Capital outlay 442,710 330,661 112,049 67,370 55,025 12,345 - -
Debt service:
Principal 409,710 409,710 - - - -
Interest and fiscal charges
Total Expenditures 889,040 1,136,078 (247,036) 212,640 201,859 10,761 1.173.860 1,120.021 53,839
Excess of Revenues over
(under)Expenditures (247,870) (391,953) (144,083) (62,640) (6,718) 551922 (66,780) 91,305 158,085
Other Financing Sources(Uses):
Operating transfers In - 128,000 128,000 - - - - -
Operating transfers out - (374,715) (374,715) - - - - -
Miscellaneous
Total Other Financing
Sources(Uses) (246,715) (246,715)
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) (247,870) (638,668) (390,798) (62,640) (6,718) 55,922 (66,780) 91,305 158,085
Adjustments:
To adjust for encumbrances 139,176 139,176 9,077 9,077 1,298 1,298
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) S (247,870) E (499,492) E (251,6M S (62,640) S 2,359 S 64,999 S (66,780) $ 92,603 $ 159,383
Fund Balances:
Beginning of Fiscal Year-as originally reported $ 793,447 $ 793,447 $ - $ 756,128 E 756,128 E - E 950,735 E 950,735 E -
Restatements
Beginning of Fiscal Yew•as restated 793,447 793,447 - 756,128 756,128 - 950,735 950,735 -
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) (247,870) (499,492) (251,622) (62,640) 2,359 64,999 (66,760) 92,603 159,383
Residual Equity Transfers
End of Fiscal Year E 545,577 $ 293,955 S 51,622 $ 693,488 $ 758,487 $ 64,999 E 883,955 $1,043,338 $ 159,383
72
CITY OF RANCHO CUCAMONGA Schedule 6
COMBINING SCHEDULE OF REVENUES Page 3 of 9
EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
LANDSCAPE MAINTENANCE DISTRICTS SYSTEMS DEVELOPMENT PARK BOND ACT
ananca ananco- anance-
RBvenUeB: Favorable Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual Unfavorable)
Taxes $ 4,618,180 $ 4,971,254 S 353,074 $ - E - $ - $ - $ $
Fines and forfeits _Use of money and property 138,600 377,150 238,550 - -
Intergovernmental - 167,69
37,30
405,000 23 7
Charges for services _ _ ( _)
Development fees - - - 616,000 1,150,133 534,133
Other 12,500 24,427 11,927 - - -
Total Revenues 4,769,280 5,372,831 603,551 616,000 1,150,133 534,133 405,000 237,303 (167,697)
Expenditures:
Current:
General government
Engineering and public corks - - - 606,590 518,519 88,071
Community development 4,027,124 3,406,159 620,965 - - -
Community services
Public safety-fire protection
Ca flat outlay 2,126,922 1,584,259 542,663 978,950 966,748 12,202 405,000 405,000
Debt service: -
Principal -
Interest and fiscal charges -
Total Expenditures 6,154,046 4,990,418 1,163,628 1,585,540 1,485,267 100,273 405,000 405,000
Excess of Revenues over
(under)Expenditures (1,384,766) 382,413 1,767,179 (969,540) (335,134) 634,408
(187,697) (167,697)
Other Financing Sources(Uses):
Operating transfers in -
Operating transfers out
Miscellaneous
Total Other Financing
Sources(Uses)
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) (1,384,766) 382,413 1,767,179 (969,540) (335,134) 634,406 - (167,697) (167,697)
Adjustments:
To adjust for encumbrances 394,930 394,930 5,880 5,880 167,697 167,697
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) $(1,384,766) $ 777,343 $ 2,162,109 S (969,540) $ (329,254) $ 640,286 $ S $
Fund Balances:
Beginning of Fiscal Year-as originally reported $ 6,191,679 $ 6,191,679 $ - $ 2,491,577 $2,491,577 $ - $ - $ - $ -
Restatements
Beginning of Fiscal Year-as restated 6,191,679 6,191,679 - 2,491,577 2,491,577 - -
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) (1,384,766) 777,343 2,162,109 (969,540) (329,254) 640,286 -
Residual Equity Transfers
End of Fiscal Year 14,806,913 $ 6,969,022 $ 2,162,109 $ 1,522,037 $2,162,323 $ 640,286 S $ $
73
CITY OF RANCHO CUCAMONGA Schedule 6
COMBINING SCHEDULE OF REVENUES Page 4 of 9
EXPENDITURES AND CHANGES IN FUND BAUNCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
DRAINAGE FACILITIES PEDESTRIAN GRANTS FEDERAL AID URBAN
Variance- anance- Variance-
Favorable Favorable Favorable
Revenues: Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Taxes $ - E - S - $ - S - $ - $ - E - S -
Fines and forfeits - - - - - - - -
Use of money and property - 2,893 2,893 - 3,336 3,336 - -
Intergovernmental - - - 11,840 - (11,840) - 47,259 47,259
Charges for services - - - - - - - -Development fees 113,670 141,927 28,257 - - - - - -
Other
Total Revenues 113,670 144,820 31,150 11,840 3,336 (8,504) 47,259 47,259
Expenditures:
Current:
General government - - - - - - - -
Engineering and public works 38,150 38,378 (228) - - - 2,512 2,502 10
Community development - - - - - -
Community services - - - - - - - -
Public safety-fire protection - - - - - - - -
Capital outlay 195,000 43,330 151,670 - - - 50,680 47,759 2,921
Debt service:
Principal - - - - - - -
Interest and fiscal charges
Total Expenditures 233,150 01,708 151,442 53,192 50,261 2,931
Excess of Revenues over
(under)Expenditures (119,480) 63,112 182,592 11,840 3,336 8,504 (53,192) (3,002) 50,190
Other Financing Sources(Uses):
Operating transfers in - - - - - - - -
Operating transfers out - - - - - -
Miscellaneous
Total Other Financing
Sources(Uses) - -
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) (119,480) 63,112 182,592 11,840 3,336 (8,504) (53,192) (3,002) 50,190
Adjustments:
To adjust for encumbrances - -
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) E (119,480) S 63,112 S 182,592 $ 11,840 S 3,336 $(8,504) S (53,192) S (3,002) $ 50,190
Fund Balances:
Beginning of Fiscal Year-as originally reported $ 339,024 $ 339,024 $ - S 3,524 $ 3,524 $ - $ 315,650 $ 315,650 $ -
Restatements -
Beginning of Fiscal Year-as restated 339,024 339,024 - 3,524 3,524 - 315,650 315,650 -
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) (119,480) 63,112 182,592 11,840 3,336 (8,504) (53,192) (31002) 50,190
Residual Equity Transfers -
EndofFiscalYear $ 219,544 S 402,136 $ 182,592 $ 15,364 $ 6,860 $(8,504) S 262,458 E 312,648 $ 50,190
74
CITY OF RANCHO CUCAMONGA Schedule 6
COMBINING SCHEDULE OF REVENUES Page 5 of 9
EXPENDITURES AND CHANGES IN FUND BAUNCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
COMMUNITY DEVELOPMENT BLOCK GRANT ASSESSMENT ADMINISTRATION SB 140
enanoe- Variance- ariance-
Favorable Favorable Favorable
Revenues: Budget Actual Unfavorable Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Taxes $ - $ - $ - $ - S - $ - $ - E - $
Fines and forfeits _
Use of money and property - - - 8,620 24,021 15,401 -
Intergovernmental 1,190,830 867,149 (323,681) - - - 412,000 14,177 (397,823)
Charges for services _ _
Development fees - - - 424,940 433,888 8,948
Other - "
Total Revenues 1,190,830 867,149 (323,681) 433,560 457,909 24,349 412,000 14,177 (397,823)
Expenditures:
Current:
General government - - - 425,130 401,599 23,531
Engineering and public works - - - 7,747 7,747
Community development 343,120 123,280 219,840 -
Community services
Public safety-fire protection - - '
Caplet outlay 847,710 800,789 46,921 405,670 323,720 81,950
Debt service: - -
Principal - -
Interest and fiscal charges Total Expenditures 1,190,830 924,069 266,761 425,130 401,599 23,531 413.417 323,720 89,697
Excess of Revenues over
(under)Expenditures (56.920) (56,920) 8,430 56,310 47,880 (1,417) (309,543) (308,126)
Other Financing Sources(Uses):
Operating transfers in -
Operating transfers out -
Miscellaneous
Total Other Financing
Sources(Uses) _
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) - (56,920) (56,920) 8,430 56,310 47,880 (1,417) (309,543) (308,126)
Adjustments:
To adjust for encumbrances 56,920 56,920 1,975 1,975 309,543 309,543
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) $ $ $ S 8,430 $ 58,285 $ 49,855 S (1,417) $ S 1,417
Fund Balances:
Beginning of Fiscal Year-as originally reported $ - $ - $ - $ 235,730 S 235,730 $ - $ 80,436 $ 80,436 $ -
Restatements
Beginning of Fiscal Year-as restated - - 235,730 235,730 - 80,436 80.436 -
Excess of Revenues and Omer Sources
over(under)Expenditures and Other
Uses(GAAP Basis) - - - 8,430 58,285 49,855 (1,417) - 1,417
Residual Equity Transfers
End of Fiscal Year $ $ $ $ 244,160 $ 294,015 $ 49,855 $ 79,019 S 80,436 $ 1,417
75
CITY OF RANCHO CUCAMONGA Schedule e
COMBINING SCHEDULE OF REVENUES, Page 6 of 9
EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
AIR QUALITY IMPROVEMENT SOUTH ETIWANOA DRAINAGE MASI COMMERCE CENTER
Variance- Variance- Variance.
Favorable Favorable Favorable
Revenues: Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Taxes $ - $ - S - $ - $ - $ - $ - $ - $ -
Fines and forfeits - - -Use of money and property 6,840 12,086 5,246 - - - -
Intergovernmental 135,400 130,384 (5,016) - - - -
Chargesforservices - - -Development fees - - - 25,110 27,609 2,499 15,000 4,937 (10,063)
Other
Total Revenues 142,240 142,470 230 25,110 27,609 2,499 15,000 4,937 (10,063)
Expenditures:
Current:
General government 97,612 92,366 5,246 25,110 17,665 7,445 15,000 2,985 12,015
Engineering endppublic works - - - - -
Community clevei,pment - - - - - - - - -
Community services - - - - - - - -
Public safety•fire protection - - - - - - - -
Capital outlay 147,000 113,107 33,893 - - - - -
Debt service:
Principal - - - - - - - - -
Interest and fiscal charges
Total Expenditures 244,612 205,473 39,139 25,110 17,665 7,445 15,000 2,985 12,015
Excess of Revenues over
(under)Expenditures (102,372) (63,003) 39,369 9,944 9,944 1,952 1,952
Other Financing Sources(Uses):
Operating transfers in - - - - - - - -
OperaBng transfers out - - - - - - -
Miscellaneous
Total Other Financing
Sources(Uses)
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) (102,372) (63,003) 39,369 - 9,944 9,944 - 1,952 1,952
Adjustments:
To adjust for encumbrances 32,773 32,773
Excess of Revenues and Other Sources
over(under)1 Expenditures and Other
Uses(GAAP Basis) 1_1122.37A S (30.230) $ 72,142 $ $ 9,944 S 9,944 $ $ 1,952 $ 1,952
Fund Balances:
Beginning of Fiscal Year-as originally reported $ 228,723 $ 228,723 $ - $ 1,479 $ 1,479 $ - $ (1,952) $ (1,952) $
Restatements
Beginning of Fiscal Year-as restated 228,723 228,723 1,479 1,479 - (1,952) (1,952) -
Excess of Revenues and Other Sources
over(under)1 Expenditures and Other
Uses(GAAP Basis) (102,372) (30,230) 72,142 - 9,944 9,944 - 1,952 1,952
Residual Equity Transfers - -
End of Fiscal Year $ 126,351 S 198,493 $ 72,142 $ 1,479 $ 11,423 $ 9,944 1-11.952L s $ 1,952
76
CITY OF RANCHO CUCAMONGA Schedule 6
COMBINING SCHEDULE OF REVENUES, Page 7 of 9
EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
MEASURE LIBRARY SERVICES METROLINK
Variance- ariance- anance-
Favorable Favorable Favorable
Revenues: Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable
Fines and forfeits )
Taxes $ - $ - S - $ 869,520 $ 889,051 $ 19,531 $ - g - $
_ '
Use of money and property 5,000 55,661 50,661 50,030 48,145 (1,885) 186 186
Intergovernmental 3,200,000 952,189 (2,247,811) - - - 192,880 139,939 (52,941)
Charges for services - - - 90,230 90,075 (155)
Development fees - -
Other - - - 99,110 89,288 9,022 -
Total Revenues 3,205,000 1,007,850 (2,197,150) 1,108,890 1,116,559 7,669 192,880 140,125 (52,755)
Expenditures:
Current:
General government
Engineering and public works 170,850 116,699 54,151 - - - 79,280 71,095 8,185
Community development - - - _ _ _
Community services - - - 1,180,750 959,515 221,235
Public safety-tire protection 96- - -
Capital outlay 3,426,510 2,661, 3 764,547 - 3,899 (3,899) 103,090 75,594 27,496
Debt service:
Principal - - - - 100,000 (100,000) -
Interest and fiscal charges
Total Expenditures 3,597,360 2,778,662 818,698 1,180,750 1,063,414 117,336 182,370 146,689 35,681
Excess of Revenues over
(under)Expenditures (392,360) (1,770,812) (1,378,452) 1,860 53,145 125,005 10,510 (6,564) (17,074)
Other Financing Sources(Uses):
Operating transfers In - 100,000 100000
Operating barristers out - _
Miscellaneous
Total Other Financing
Sources(Uses) 100,000 1()0.000
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) (392,360) (1,770,812) (1,378,452) 28,140 153,145 125,005 10,510 (6,564) (17,074)
Adjustments:
To adjust for encumbrances - 2,636,767 2,636,767 250 250 4,136 4,136
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) $ (392,360) $ 865,955 S 1,258,315 S 28,140 $ 153,395 $ 125,255 S 10,510 $ (2,428) S (12,938)
Fund Balances:
Beginning of Fiscal Year-as originally reported $ 470,259 S 470,259 $ - $ 68,665 $ 68,665 $ - $ 18,818 S 18,818 $ -
Restatements
Beginning of Fiscal Year-as restated 470,259 470,259 - 68,665 68,665 - 18,818 18,818 -
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Us"(GAAP Basis) (392,360) 865,955 1,258,315 28,140 153,395 125,255 10,510 (2,428) (12,938)
Residual Equity Transfers
End of Fiscal Year $ 77,699 $ 1,336,214 $ 1,258,315 $ 96,805 $ 222,060 $ 125,255 $ 29,328 $ 16,390
$ (12,938)
77
CITY OF RANCHO CUCAMONGA Schedule 6
COMBINING SCHEDULE OF REVENUES page 8 of 9
EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
CALIFORNIA LITERACY CAMPAIGN WEINGART FOUNDATION GRANT MAJOR URBAN RESOURCE LIBRARY GRANT
ariance- ariance- Variance-
Favorable Favorable Favorable
Revenues: Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Taxes E - $ - E - E - $ - $ - E - $ - $ -
Fines and forfeits - - - - - - - - -
Use of money and property - - - - - - - - -
Intergovernmental 84,370 73,409 (10,961) 5,000 5,000 9,240 8,806 (434)
Charges for services - - - - - - - - -
Development fees - - - - - - -
Other
Total Revenues 84,370 73,409 (10,961) 5,000 5,000 9,240 8,806 (434)
Expenditures:
Current:
Generalggovernment - - - - - - - -
Engineering and public works - - - - - - - -
Community development - - - - - - - -
Community services 74,280 72,201 2,079 - - - 9,240 8,806 434
Public safety-Bre protection - - - - - - -
Capital outlay 10,094 9,792 302 5,000 5,000 - - - -
Debt service:
Principal - - - - -
Interest and fiscal charges
Total Expenditures 84.374 81,993 2,381 5,000 5,000 9,240 8,806 434
Excess of Revenues over
(under)Expenditures (4) (8,584) (8,580) - -
Other Financing Sources(Uses):
Operating transfers in
Operating transfers out
Miscellaneous
Total Other Financing
Sources(Uses)
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) (4) (8,584) (8,580) - - - - -
Adjustments:
To adjust for encumbrances 8,584 8,584 -
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) S - (4) E E 4 $ $ - E E E $ -
Fund Balances:
Beginning of Fiscal Year-as originally reported $ - E - E - E - $ - E - $ - S - E
Restatements
Beginning of Fiscal Year-as restated - - - -
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) (4) - 4 - - - - -
Residual Equity Transfers
End or Fiscal Year E (4) $ E 4 E E $ $ $ $
78
CITY OF RANCHO CUCAMONGA Schedule 6
COMBINING SCHEDULE OF REVENUES, Page 9 of 9
EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
T O T A L S-Year Ended June 30,
USED OIL RECYCLING GRANT FIRE DISTRICT 19961995
ariance- ariance- ar ance-
Favorable Favorable Favorable
Revenues: Budget Actual Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable) Actual
Taxes $ - $ - $ - $ 6,396,090 $ 6,788,146 $ 392,056 $ 12,953,080 $ 13,794,981 $ 841,901 E 13,233,617
Fines and forfeits - 63,890 84,001 20,111 63,890 84,001 20,111 63,150
Use of money and property - - - 303,810 356,224 52,414 541,740 1,147,899 606,159 881,017
Intergovernmental 36,110 30,604 (5,506) 1,237,110 1,237,724 614 8,869,780 5,796,121
Charges for services 86,060 75,322 (10,736) 891,510 870,239 13,(21,659) 8,463,070
Development fees _ (21,271) 857,187
Other - 1,986,340 2,685,361 699,021 2,797,661
2,000 2,404 4G4 128,110 116,119 (11,991) 76,683
Total Revenues 36,110 30,604 5,506 8,088,960 8,543,821 454,861 25,434,450 24,494,721 (939,729) 26,372,385
Expenditures:
Current:
General government - - - 1,736,712 1,634,636 102,076 1,564,528
Engineering and public works 36,110 30,604 5,506 - - - 2.707,549 2,645,840 61,709 2,852,460
Community development - - - - - 4,370,244 3,529,439 840,805 4,412,008
Community services - - - 2.235,790 2,641,530 (405,740) 1,655,546
Public safey-fire protection - - - 9,142,360 8,951,549 190,811 9,142,360 8,951,549 190,811 9,080,935
Capital outlay - - - - - - 10,742,535 8,483,379 2,259,156 7,355,746
Debt service:
Principal - - - - - 409,710 161,146 248,564 447,882
Interest and fiscal charges - 10,186 (10,186) 113,080
Total Expenditures 36,110 30,604 5,506 9,142,360 8,951,549 190,811 31,344,900 28,057,705 3,287,195 27,482,185
Excess of Revenues over
(under)Expenditures (1,053,400) (407,728) 645,672 (5,910,450) (3,562,984) 2,347,466
(1,709,600)
Other Financing Sources(Uses):
Operating transfers in - - - 1,137,120 778,881 (358,239) 1,237,120 1,006,881 (230,239) 619,757
Operating transfers out - - - (374,715) (374,715) (161,474)
Miscellaneous - 10,141 10,141 101141 10,141 102,477
Total Other Financing
Sources(Uses) - 1,1371120 789,022 (348,098) 1,237,120 642,307 (594,813) 560,760
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) - - - 83,720 381,294 297,5744,673,330
) (2.920,877) 1,752,653 (549,040)
Adjustments: (
To adjust for encumbrances 4,368,846 4,368,846 12,774
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) $ $ $ $ 83,720 E 381,294 E 297,574 S (4,873,330) $ 1,448,169 L 6,121,499 $ (536,266)
Fund Balances:
Beginning of Fiscal Year as originally reported $ - $ - $ - E 3,975,217 $ 3,975,217 E - 20,455,246 20,455,246 $ - $ 20,948,344
Restatements
43,168
Beginning of Fiscal Year•as restated - - - 3,975,217 3,975,217 - 20,455,246 20,455,246 - 20,991,512
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) - - - 83,720 381,294 297,574 (4,673,330) 1,448,169 6,121,499 (536,266)
Residual Equity Transfers
24,578
End of Fiscal Year $ S $ $ 4,058,937 $ 4,356,511 S 297,574 $ 15,781,916 S 21,903,415 $ 6,121,499 $ 20,455,246
79
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II
OWmF- fnW � � - UW lt_ DZO
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DEBT SERVICE FUNDS
' Public Improvement Corporation Fund
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.
' 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.
1
CITY OF RANCHO CUCAMONGA Schedule 7
COMBINING BALANCE SHEET
ALL DEBT SERVICE FUNDS
JUNE 30, 1996
_ Public TOTALS
Improvement Redevelopment June 30,
A S S E T S Corporation Agency 1996 1995
Cash and Investments $ - $ 14,261,260 $ 14,261,260 $ 12,795,925
Cash and Investments with fiscal agent 288,751 5,533,708 5,822,459 7,325,718
Receivables(net of allowance for uncollectibles):
Taxes - 605,602 605,602 87,502
Due from other funds 97,859 97,859 330,929
Total Assets $ 288,751 $ 20,498,429 $ 20,787,180 $ 20,540,074
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable $ - $ 1,169,551 $ 1,169,551 $ 385,760
Due to other funds - 97,993 97,993 244,733
Due to other governments 611 611 611
Total Liabilities 1,268,155 1,268,155 631,104
Fund Balances:
Reserved for encumbrances - 85,067 85,067 -
Unreserved:
Designated for debt service 288,751 19,145,207 19,433,958 19,908,970
Undesignated
Total Fund Balances 288,751 19,230,274 19,519,025 19,908,970
Total Liabilities and Fund Balances $ 288,751 $ 20,498,429 $ 20,787,180 $ 20,540,074
80
CITY OF RANCHO CUCAMONGA Schedule 8
COMBINING STATEMENT OF REVENUES,EXPENDITURES
AND CHANGES IN FUND BALANCES
ALL DEBT SERVICE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
Public TOTALS
Improvement Redevelopment Year ended June 30,
Corporation Agency 1 9 9 6 1 9 9 5
Revenues:
Taxes $ - $ 17,721,077 $ 17,721,077 $ 15,707,722
Use of money and property 16,153 501,899 518,052 432,285
Total Revenues 16,153 18,222,976 18,239,129 16,140,007
Expenditures:
Current:
General government - 283,140 283,140 1,685,115
Capital Outlay - 445,858 445,858 2,497,684
Debt Service:
Principal 310,000 8,142,442 8,452,442 3,560,000
Interest and fiscal charges 88,850 6,698,308 6,787,158 7,550,669
Total Expenditures 398,850 15,569,748 15,968,598 15,293,468
Excess of Revenues over
(under) Expenditures (382,697) 2,653,228 2,270,531 846,539
Other Financing Sources(Uses):
Operating transfers in 374,715 8,733,619 9,108,334 10,776,416
Operating transfers out - (11,180,810) (11,180,810) (12,144,027)
Miscellaneous (588,000) (588,000) (575,672)
Total Other Financing
Sources(Uses) 374,715 (3,035,191) (2,660,476) (1,943,283)
Excess of Revenues and Other
Sources over(under) Expendi-
tures and Other Uses (7,982) (381,963) (389,945) (1,096,744)
Fund Balances:
Beginning of Fiscal Year 296,733 19,612,237 19,908,970 21,005,714
End of Fiscal Year(Schedule 7) $ 268,751 $ 19,230,274 $ 19,519,025 $ 19,908,970
81
CITY OF RANCHO CUCAMONGA Schedule 9
COMBINING SCHEDULE OF REVENUES,EXPENDITURES
AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL DEBT SERVICE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
T O T A L S-Year Ended June 30,
REDEVELOPMENT AGENCY 1 9 9 6 1 9 9 5
Variance- Variance-
Favorable Favorable
Revenues: Budget Actual (Unfavorable) Budget Actual (Unfavorable) Actual
Taxes $16,820,300 $ 17,721,077 $ 900,777 $ 16,820,300 $ 17,721,077 $ 900,777 $ 15,707,722
Use of money and property 501,899 501,899 501,899 501,899 427,426
Total Revenues 16,820,300 18,222,976 1,402,676 16,820,300 18,222,976 1,402,676 16,135,148
Expenditures:
Current:
General government 5,000 283,140 (278,140) 5,000 283,140 (278,140) 1,685,115
Capital Outlay 572,500 530,925 41,575 572,500 530,925 41,575 2,497,684
Debt Service:
Principal 8,729,960 8,142,442 587,518 8,729,960 8,142,442 587,518 3,560,000
Interest and fiscal charges 6,997,600 6,698,308 299,292 6,997,600 6,698,308 299,292 7,550,669
Total Expenditures 16,305,060 15,654,815 650,245 16,305,060 15,654,815 650,245 15,293,468
Excess of Revenues over
(under) Expenditures 515,240 2,568,161 2,052,921 515,240 2,568,161 2,052,921 841,680
Other Financing Sources(Uses):
Operating transfers In 8,732,600 8,733,619 1,019 8,732,600 8,733,619 1,019 10,776,416
Operating transfers out (8,736,500) (11,180,810) (2,444,310) (8,736,500) (11,180,810) (2,444,310) (12,144,027)
Miscellaneous (588,000) (588,000) (588,000) (588,000) (575,672)
Total Other Financing
Sources(Uses) (3,900) (3,035,191) (3,031,291) (3,900) (3,035,191) (3,031,291) (1,943,283)
Excess of Revenues and Other
Sources over(under) Expenditures
and Other Uses(Budgetary Basis) 511,340 (467,030) (978,370) 511,340 (467,030) (978,370) (1,101,603)
Adjustments:
To adjust for encumbrances 85,067 85,067 85,067 85,067
Excess of Revenues and Other
Sources over(under) Expenditures
and Other Uses(GAAP Basis) 511,340 (381,963) (893,303) 511,340 (381,963) (893,303) (1,101,603)
Fund Balances:
Beginning of Fiscal Year 19,612,237 19,612,237 19,612,237 19,612,237 20,713,840
End of Fiscal Year $20,123,577 $ 19,230,274 $ (893,303) $ 20,123,577 $ 19,230,274 $ (893,303) $ 19,612,237
82
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CAPITAL PROJECTS FUNDS
Assessment District 82-IR 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 84-2 Fund
Established to account for the receipt and disbursement of funds used in the construction of certain
public works of improvement, together with appurtenances and appurtenant work, including
acquisition where appropriate, in Special Assessment District No. 84-2 (Alta 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 to account for financial resources to be used for acquisition or construction of major
capital facilities within the Rancho Cucamonga Redevelopment Project Area. Financing is to be
' provided by the Rancho Cucamonga Redevelopment Agency.
CITY OF RANCHO CUCAMONGA Schedule 10
COMBINING BALANCE SHEET
ALL CAPITAL PROJECTS FUNDS
JUNE 30, 1996
TOTALS '
Assessment Districts Redevelopment June 30,
A S S E T S 82-1 R 841 84.2 86-2 89-1 Agency 1 9 9 6 1 9 9 5
Cash and investments $ 227,556 $ 695,186 $ 31,335 $316,425 $ - $ 64,693,379 $ 65,963,681 $ 61,061,102
Investment-land held for resale - - - - 10,778,871 10,778,871 10,778,871
Receivables(net of allowance for uncollectible):
Texas - - - - 151,401 151,401 21,876
Accounts - - 324 324 52,665
Interest - - - - - 266,615 266,615 286,708
Loan - - - 9,467,500 9,467,500 9,467,500
Due from other funds - - - - 43,868 43,868 247,720
Deposits - - - - 532,250 532,250 573,595
Advances to other funds - 4,290,000 4,290,000 4,290,000
Total Assets $ 227,556 $ 695,186 $ 31,335 $316,425 $ $ 90,224,208 $ 91,494,710 $ 86,780,037
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable $ - $ - $ - $ - $ - $ 41,117 $ 41,117 $ 189,105
Accrued payroll payable - - - - - 384
Deposits - - 3,864 - - - 3,864 13,864
Due to other funds 128,525 128,525 1,840,283
Total Liabilities 3,864 169,642 173,506 2,043,636
Fund Balances:
Reserved for encumbrances - - - - 67,870 67,870 2,352,197
Reserved for advances to other funds - - 4,290,000 4,290,000 4,290,000
Reserved for long-term loans - 9,467,500 9,467,500 9,467,500
Reserved for land held for resale - - - - 10,778,871 10,778,871 10,778,871
Unreserved:
Designated for continuing projects - - - 65,450,325 65,450,325 56,433,003
Undesignated. 227,556 695,186 27,471 316,425 1,266,838 1,414,830
Total Fund Balances 227,556 695,186 27,471 316,425 90,054,566 91,321,204 84,736,401
Total Liabilities and Fund Balances $ 227,556 $ 695,186 $ 31,335 $316,425 $ $ 90,224,208 $ 91,494,710 $ 86,780,037
83
CITY OF RANCHO CUCAMONGA Schedule 11
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
ALL CAPITAL PROJECTS FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
TOTALS
Assessment Districts Redevelopment Year ended June 30,
Revenues: 82-1 R 84-1 84-2 86-2 89-1 Agency 1996 1 9 9 5
Taxes $ - $ - $ - $ - $ $ 4,917,269 $ 4,917,269 $ 4,590,062
Use of money and property 13,878 62,772 1,911 20,701 4,412,973 4,512,235 3,751,064
Total Revenues 13,878 62,772 1,911 20,701 9,330,242 9,429,504 8,341,126
Expenditures:
Current:
General government - - 1,893,235 1,893,235 3,127,030
Engineering and public works 5,891 - - 4,064 18,797 - 28,752 28,302
Capital outlay - - - 26,589,859 26,589,859 16,382,718
Debt service:
Principal - - - 718,239 718,239 265,478
Interest and fiscal charges 3,210,073 3,210,073 1,901,518
Total Expenditures 5,891 4,064 18,797 32,411,406 32,440,158 21,705,046
Excess of Revenues over
(under) Expenditures 7,987 62,772 1,911 16,637 (18,797) (23,081,164) (23,010,654) (13,363,920)
Other Financing Sources(Uses):
Operating transfers In - - - - 3,105,408 3,105,408 880,510
Operating transfers out - - - (1,154,380) (1,154,380) -
Loss on sale of land held - - - - - - (2,509,634)
Debt proceeds - - - 27,117,351 27,117,351 10,148,814
Miscellaneous 527,078 527,078 (226,666)
Total Other Financing
Sources(Uses) 29,595,457 29,595,457 8,293,024
Excess of Revenues and Other
Sources over(under)Expendi-
tures and Other Uses 7,987 62,772 1,911 16,637 (18,797) 6,514,293 6,584,803 (5,070,896)
Fund Balances:
Beginning of Fiscal Year 219,569 632,414 25,560 299,788 18,797 83,540,273 84,736,401 89,935,218
Residual Equity Transfers (127,921)
End of Fiscal Year(Schedule 10) $ 227,556 L695,186 $ 27,471 $ 316,425 $ $ 90,054,566 $ 91,321,204 $ 84,736,401
84
CITY OF RANCHO CUCAMONGA Schedule 12
COMBINING SCHEDULE OF REVENUES Page 1 of 3
EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
ALL CAPITAL PROJECTS FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
ASSESSMENT DISTRICT 82-1 R ASSESSMENT DISTRICT 84-1 ASSESSMENT DISTRICT 84-2
eriance- Variance- Variance-
Favorable Favorable Favorable
Revenues: Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Taxes $ - $ - $ - It - S - $ - S - S - $
Use of money and property 7,650 13,878 6,228 44,910 62,772 17,862 1,000 1,911 911
Total Revenues 7,650 13,878 6,228 44,910 62,772 17,862 1,000 1,911 911
Expenditures:
Current:
General government - - -
Engineering and public works 194,910 5,891 189,019 - - - - -
Public safety - - - - - -
Capital outlay
Debt service: - - - -
Principal -
Interest and fiscal charges
Total Expenditures 194,910 5,891 189,019
Excess of Revenues over
(under)Expenditures (187,260) 7,987 195,247 44,910 62,772 17,862 1,000 1,911 911
Other Financing Sources(Uses):
Operating transfers in - - - - - - -
Operating transfers out - - - - - -
Debt proceeds - - - - - - -
Loss on sale of land held - - - - - - -
Miscellanaous
Total Other Financing
Sources(Uses)
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) (187,260) 7,987 195,247 44,910 62,772 17,862 1,000 1,911 911
Adjustments:
To adjust for encumbrances
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) (187,260) 7,987 195,247 44,910 62,772 17,862 1,000 1,911 911
Fund Balances:
Beginning of Fiscal Year 219,569 219,569 - 632,414 632,414 - 25,560 25,560 -
Residual Equity Transfer
End of Fiscal Year S 32,309 $ 227,556 $ 195,247 E 677,324 $ 695,186 $ 17,862 $ 26,560 S 27,471 $ 911
85
CITY OF RANCHO CUCAMONGA Schedule 12
COMBINING SCHEDULE OF REVENUES Page 2 of 3
EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
ALL CAPITAL PROJECTS FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
ASSESSMENT DISTRICT 86-2 ASSESSMENT DISTRICT 89-1 REDEVELOPMENT AGENCY
Variance- Variance-- Variance-
Favorable Favorable Favorable
Revenues: Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Taxes $ - S - $ - $ - S - $ - $ 4,866,880 $ 4,917,269 $ 50,389
Use of money and property 12,500 20,701 8,201 - 4,412,973 4,412,973
Total Revenues 12,500 20,701 8,201 4,866,880 9,330,242 4,463,362
Expenditures: -
Current:
General government - 1,820,610 1,837,530 (16,920)
Engineering and public works 4,222 4,064 158 18,800 18,797 3 -
Public safety - - - - - - 620,000 55,705 564,295
Capital outlay - - - - - - 25,043,990 26,657,729 (1,613,739)
Debt service: - - -
Principe; - - - - - - 10,440,580 718,239 9,722,341
Interest and fiscal charges - 787,740 3,210,073
(2,422,333)
Total Expenditures 4,222 4,064 158 18,800 16,797 3 38,712,920 32,479,276 6,233,644
Excess of Revenues over
(under)Expenditures 8,278 16,637 8,359 (18,800) (18,797) 3 (33,846,040) (23,149,034) 10,697.006
Other Financing Sources(Uses):
Operating transfers in - - - - 3,256,885 3,105,408 (151,477)
Operating transfers out - - - - - (1,154,380) (1,154,380) -
Debt proceeds - - - - - - 10,543,535 27,117,351 16,573,816
Loss on sale of land held - - - - - -
MlScellerleOUa - 527,078 527,078
Total Other Financing
Sources(Uses) 12,646,040 291595,457 16,949,417
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) 8,278 16,637 8,359 (18,800) (18,797) 3 (21,200,000) 6,446,423 27,646,423
Adjustments:
To adjust for encumbrances
67,870 67,870
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) 8,278 16,637 8,359 (18,800) (18,797) 3 (21,200,000) 6,514,293 27,714,293
Fund Balances:
Beginning of Fiscal Year 299,788 299,788 - 18,797 18,797 - 83,540,273 83,540,273 -
Residual Equity Transfer
End of Fiscal Year $ 308,066 $ 316,425 $ 8,359 E (3) $ S 3 $ 62,340,273 $ 90,054,566 $ 27,714,293
86
CITY OF RANCHO CUCAMONGA Schedule 12
COMBINING SCHEDULE OF REVENUES Page 3 of 3
EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL CAPITAL PROJECTS FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
T O T A L S-Year Ended June 30,
1996 1995
ar ance-
Favorable
Revenues: Budget Actual (Unfavorable) Actual
Taxes $ 4,666,880 $ 4,917,269 $ 50,389 $ 4,590,062
Use of money and property 66,060 4,512,235 4,446,175 3,751,064
Total Revenues 4,932,940 9,429,504 4,496,564 8,341,126
Expenditures:
Current:
General government 1,820,610 1,837,530 (16,920) 3,127,030
Engineering and public works 217,932 28,752 189,180 28,302
Public safety 620,000 55,705 564,295 -
Capital outlay 25,043,990 26,657,729 (1,613,739) 16,382,718
Debt service:
Principal 10,440,580 718,239 9,722,341 265,478
Interest and fiscal charges 787,740 3,210,073 (2,422,333) 1,901,518
Total Expenditures 38,930,852 32,508,028 6,422,824 21,705,046
Excess of Revenues over
(under)Expenditures (33,997,912) (23,078,524) 1019191388 (13,363,920)
Other Financing Sources(Uses):
Operating transfers in 3,256,885 3,105,408 (151,477) 880,510
Operating transfers out (1,154,380) (1,154,380) -Debt proceeds 10,543,535 27,117,351 16,573,816 10,148,814
Loss on sale of lend held - - - (2,509.634)
Miscellaneous 527,078 527,078 (226,666)
Total Other Financing
Sources(Uses) 12,646,040 29,595,457 16,949,417 8,293,024
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) (21,351,872) 6,516,933 27,868,805 (5,070,896)
Adjustments:
To adjust for encumbrances 67,870 67,870
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) (21,351,872) 6,584,803 27,936,675 (5,070,896)
Fund Balances:
Beginning of Fiscal Year 84,736,401 84,736,401 - 89,935,218
Residual Equity Transfer (127,921)
End of Fiscal Year $ 63,384,529 $ 91,321,204 $ 27,936,675 $ 84,736,401
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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.
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 of 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 of 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 assessment 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. '
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. ,
I
CITY OF RANCHO CUCAMONGA Schedule 13
COMBINING BALANCE SHEET
ALL AGENCY FUNDS
JUNE 30, 1996
TOTALS
Special Deferred Assessment Districts June 30,
A S S E T S Deposits Compensation 82-1 R 84-1 84-2 86-2 85-PO 88-2 89-1 93-3 1 9 9 6 1995
Cash and Investments $ $ - $ 2,159,543 $ 758,963 $335,116 $ 534,683 $2,132,268 $2,860,250 $1,066,702 $ 329,539 $10,177,064 $ 9,968,399
Cash and investments with trustee - 4,541,108 - - - - - 4,541,108 3,779,174
Restricted cash 7,421,981 - - - - - - 7,421,981 7,037,141
Receivables(net of allowance
for uncollectibles):
Accounts 20,356 - - - 8,509 - - 28,865 21,028
Interest - - - - 6,919 15,676 22,595 16,588
Taxes - - 2,796 4,065 531 2,221 36,544 1,059 - - 47,216 53,283
49,168
Due from other funds "
Total Assets $ 7,442,337 $ 4,541,108 $ 2,162,339 $ 763,028 $335,647 L536,904
12,177,321 12,668,228 $1,082,378 $ 329,539 $22,238,829 $20,924,781
LIABILITIES AND FUND BALANCES
I
Liabilities:
Accounts $ $- - "
i ts payable $ 32,300 $ - $ - - $ $ 34,326 $ $ - $ $ 66,626 $ 145,850
Accrued payroll payable - 4,923 4,923 4,761
7,410,037 6,941,004
Deposits 7,410,037 - - - - 1,622
Due to other funds
Deferred compensation payable - 4,541,108 - - - - 4,541,108 3,779,174
Bond Indenture reserves 476,900 171,679 205,934 125,000 478,067 1,457,580 1,457,580
Payable to trustee 1,685,439 763,028 163,968 330,970 2,013,072 2,868,228 604,311 329,539 8,758,555 8,594,770
1 Total Liabilities $ 7,442,337 $ 4,541,108 $ 2,162,339 $ 763,028 L335,647 L536,904 $2,177,321 1_2,868,228 $1,082,378 $ 329,539 $22,238,829 $20,924,781
I
88
CITY OF RANCHO CUCAMONGA Schedule 14
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES Page 1 of 4
ALL AGENCY FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
Balance Balance
Assets:
SPECIAL DEPOSITS July 1, 1995 Additions Deletions June 30,1996
Restricted cash $ 7,037,141 $ 826,409 $ 441,569 $ 7,421,981
Accounts receivable 21,028 20,356 21,028 20,356
Total Assets $ 7,058,169 $ 846,765 $ 462,597 $ 7,442,337
Liabilities:
Accounts payable $ 115,543 $ 32,300 $ 115,543 $ 32,300
Deposits 6,941,004 882,540 413,507 7,410,037
Due to other funds 1,622
- 1,622
Total Liabilities $ 7,058,169 $ 914,840 $ 530,672 $ 7,442,337
DEFERRED COMPENSATION
Assets:
Cash and investments with trustee $ 3,779,174 $ 948,723 $ 186,789 $ 4,541,108
Total Assets
Uabillties:
Deferred compensation payable $ 3,779,174 $ 948,723 $ 186,789 $ 4,541,108
ASSESSMENT DISTRICT 82-1 R
Assets:
Cash and Investments $ 1,816,351 $ 946,096 $ 602,904 $ 2,159,543
Taxes receivable 17,394 2,796 17,394 2,796
Total Assets $ 1,833,745 $ 948,892 $ 620,298 $ 2,162,339
Liabilities:
Bond Indenture reserve requirement $ 476,900 $ - $ $ 476,900
Payable to trustee 1,356,845 948,892 620,298 1,685,439
Total Liabilities $ 1,833,745 $ 948,892 $ 620,298 $ 2,162.339
ASSESSMENT DISTRICT 84-1
Assets:
Cash and Investments $ 1,623,783 $ 1,017,204 $ 1,882,024 $ 758,963
Taxes receivable 9,547 4,065 9,547 4,065
Total Assets $ 1,833,330 $ 1,021,269 $ 1,891,571 $ 763,028
Liabilities:
Payable to trustee $ 1,633,330 $ 1,021,269 $ 1,891,571 $ 763,028
Total Liabilities $ 1,633,330 $ 1,021,269 $ 1,891,571 $ 763,028
89
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CITY OF RANCHO CUCAMONGA Schedule 14
Page 2 of 4
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
ALL AGENCY FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,1996
Balance Balance
July 1, 1995 Additions Deletions June 30,1996
ASSESSMENT DISTRICT 84-2
Assets:
Cash and Investments $ 248,796 $ 233,898 $ 147,578 $ 335,116
Taxes receivable 5,614 531 5,614 531
Total Assets $ 254,410 $ 234,429 $ 153,192 $ 335,647
Liabilities:
Bond Indenture reserve requirement $ 171,679 $ - $ - $ 171,679
Payable to trustee 82,731 234,429 153,192 163,968
Total Liabilities $ 254,410 $ 234,429 $ 153,192 $ 335,647
ASSESSMENT DISTRICT 86-2
Assets:
Cash and investments $ 456,116 $ 273,316 $ 194,749 $ 534,683
Taxes receivable 1,574 2,221 1,574 2,221
Due from other funds 49,016 49,016
Total Assets $ 506,706 $ 275,537 $ 245,339 $ 536,904
Liabilities:
Bond Indenture reserve requirement $ 205,934 $ - $ - $ 205,934
Payable to trustee 300,772 275,537 245,339 330,970
Total Liabilities $ 506,706 $ 275,537 $ 245,339 $ 536,904
ASSESSMENT DISTRICT 85-PD
Assets:
Cash and Investments $ 1,855,067 $ 1,832,430 $ 1,555,229 $ 2,132,268
Accounts receivable - 8,509 - 8,509
Taxes receivable 18,541 36,544 18,541 36,544
Total Assets j-1,873.6-0 $ 1,877,483 $ 1,573,770 $ 2,177,321
Liabilities:
Accounts payable $ 30,307 $ 34,326 $ 30,307 $ 34,326
Accrued payroll payable 4,781 4,923 4,781 4,923
Bond indenture reserve requirement 125,000 - - 125,000
Payable to trustee 1,713,520 1,838,234 1,538,682 2,013,072
Total Liabilities $ 1,873,608 $ 1,877,483 $ 1,573,770 $ 2,177,321
90
CITY OF RANCHO CUCAMONGA Schedule 14
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES Page 3 of 4
ALL AGENCY FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
Balance Balance
ASSESSMENT DISTRICT 88-2 July 1,1995 Additions Deletions June 30,1996
Assets:
Cash and Investments $ 2,709,660 $ 468,488 $ 317,898 $ 2,860,250
Interest receivable 6,919 - 6,919
Taxes receivable 613 1,059 613 1,059
Total Assets $ 2,710,273 $ 476,466 $ 318,511 $ 2,868,228
Liabilities:
Payable to trustee $ 2,710,273 $ 476,466 $ 318,511 $ 2,868,228
Total Liabilities $ 2,710,273 $ 476,466 $ 318,511 $ 2,868,228
ASSESSMENT DISTRICT 89-1
Assets:
Cash and Investments $ 1,008,084 $ 629,653 $ 571,035 $ 1,066,702
Interest receivable 16,588 15,676 16,588 15,676
Total Assets $ 1,024,672 $ 645,329 $ 587,623 $ 1,082,378
Liabilities:
Bond indenture reserve requirement $ 478,067 $ $ _ $ 478,067
Payable to trustee 546,605 645,329 587,623 604,311
Total Liabilities $ 1,024,672 $ 645,329 $ 587,623 $ 1,082,378
ASSESSMENT DISTRICT 93-3
Assets:
Cash and Investments $ 250,542 $ 445,051 $ 366,054 $ 329,539
Due from other funds 152 152
. Total Assets $ 250,694 $ 445,051 $ 366,206 $ 329,539
Liabilities:
Payable to trustee $ 250,694 $ 445,051 $ 366,206 $ 329,539
Total Liabilities $ 250,694 $ 445,051 $ 366,206 $ 329,539
91
CITY OF RANCHO CUCAMONGA Schedule 14
Page 4 of 4
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
ALL AGENCY FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
Balance Balance
TOTALS-ALL AGENCY FUNDS July 1, 1995 Additions Deletions June 30, 1996
Assets:
Cash and Investments $ 9,968,399 $ 5,846,136 $ 5,637,471 $ 10,177,064
Cash and Investments with trustee 3,779,174 948,723 186,789 4,541,108
Restricted cash 7,037,141 826,409 441,569 7,421,981
Accounts receivable 21,028 28,865 21,028 28,865
Interest receivable 16,588 22,595 16,588 22,595
Taxes receivable 53,283 47,216 53,283 47,216
Due from other funds 49,168 49,168
Total Assets $ 20,924,781 $ 7,719,944 $ 6,405,896 $ 22,238,829
Liabilities:
Accounts payable $ 145,850 $ 66,626 $ 145,850 $ 66,626
Accrued payroll payable 4,781 4,923 4,781 4,923
Deposits 6,941,004 882,540 413,507 7,410,037
Deferred compensation payable 3,780,796 948,723 188,411 4,541,108
Bond Indenture reserve requirement 1,457,580 - - 1,457,580
Payable to trustee 8,594,770 5,885,207 5,721,422 8,758,555
Total Liabilities $ 20,924,781 $ 7,788,019 $ 6,473,971 $ 22,238,829
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CITY OF RANCHO CUCAMONGA Schedule 1S
STATEMENT OF GENERAL FIXED ASSETS
JUNE 30, 1996
TOTALS
1996 1995
General Fixed Assets:
Land $ 35,315,539 $ 35,308,968
Building Improvements 54,948,871 54,844,029
Improvements other than buildings 55,711 55,711
Equipment and vehicles 14,389,335 13,364,464
Furniture and fixtures 3,368,576 3,343,206
Construction In progress 3,544,038 2,806,542
Total General Fixed Assets Ll $109,722,920
Investment In General Fixed Assets
Purchased prior to July 1, 1995-Unclassified $ 64,444,358
General Fund 840,001
Special Revenue Funds 674,195
Capital Project Funds 41,484,713
Fire District 3,886,141
Federal Grants 4,769
State Grants 268,600
Asset Seizure Funds:State/Federal 19,293
Total Investment In General Fixed Assets $111,622,070 $109,722,920
Note:Information Is not available on the funding sources for fixed assets acquired prior to July 1, 1995.
93
CITY OF RANCHO CUCAMONGA Schedule 16
SCHEDULE OF GENERAL FIXED ASSETS
BY FUNCTION AND ACTIVITY
JUNE 30, 1996
Improvements Equipment Furniture
Buildings other than and and
Function and Activity Land Improvements Buildings Vehicles Fixtures Total
General Government:
City manager $ $ - $ - $ 19,551 $ 619 $ 20,170
Personnel - - - 7,306 2,214 9,520
City clerk - - - 115,624 9,098 124,722
Administrative services 106,000 5,861,243 292,310 6,935 6,266,488
Planning - - 175,990 5,987 181,977
Building and safety - 145,510 4,266 149,776
General city facilities 2,396,152 18,908,879 943,534 103,158 22,351,723
Assessment administration 78,871 497,100 710 576,681
Total 2,502,152 24,848,993 2,196,925 132,987 29,681,057
Public Safety 447,939 8,513 456,452
Engineering and Public Works 460,972 873,360 3,379,381 7,960 4,721,673
Community Services 22,137,440 8,002,893 225,159 294,800 30,660,292
Community Redevelopment 10,199,463 20,335,378 55,711 5,157,549 2,924,316 38,672,417
Fire Protection 15,512 888,247 2,982,382 3,886,141
Total General Fixed Assets
Allocated to Functions $ 35,315,539 $ 54,948,871 $ 55,711 $ 14,389,335 $ 3,368,576 108,078,032
Construction in Progress 3,544,038
Total $ 111,622,070
94
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M M = am M = M MIM = =
CITY OF RANCHO CUCAMONGA Schedule 17
SCHEDULE OF CHANGES IN GENERAL FIXED ASSETS
BY FUNCTION AND ACTIVITY
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
Restated
Balance Balance Balance
Function and Activity July 1,1995 Restatements July 1,1995 Additions Deletions June 30,1996
General Government:
City manager $ 23,365 $ - $ 23,365 $ - $ 3,195 $ 20,170
Personnel 11,396 - 11,396 - 1,876 9,520
City clerk 91,265 - 91,265 37,567 4,110 124,722
Administrative services 27,799,638 (21,544,589) 6,255,049 36,380 24,941 6,266,488
Planning 198,779 - 198,779 7,872 24,674 181,977
Building and safety 131,780 - 131,780 24,070 6,074 149,776
General city facilities 22,547,786 - 22,547,786 33,596 229,659 22,351,723
Assessment administration 565,941 565,941 85,255 74,515 576,681
Total General Government 51,369,950 (21,544,589) 29,825,361 224,740 369,044 29,681,057
Public Safety 407,572 407,572 152,150 103,270 456,452
Engineering and Public Works 4,160,255 4,160,255 642,368 80,950 4,721,673
Community Services 30,631,314 30,631,314 55,858 26,880 30,660,292
Community Redevelopment 38,083,501 38,083,501 591,668 2,752 38,672,417
Fire Protection 3,808,375 - 3,808,375 133,308 55,542 3,886,141
Total General Fixed Assets
Allocated to Functions 128,460,967 (21,544,589) 106,916,378 1,800,092 638,438 108,078,032
Construction in Progress 2,806,542 - 2,806,542 807,519 70,023 3,544,038
Total $131,267,509 $(21,544,589) $109,722,920 $ 2,607,611 $ 708,461 $ 111,622,070
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EXHIBIT 1
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
1986-87 $3,437,497 $4,311,304 $ - $13,755,081 $2,514,684 $ $6,065,219 $8,557,666 $38,641,451
1987-88 5,496,299 6,855,023 3,988,871 (3) 5,609,291 1,473,798 - 8,545,419 29,425,814 61,394,934
1988-89 (2) 8,531,326 6,117,980 7,769,525 3,717,641 1,228,413 4,763,673 14,566,918 30,394,512 77,089,988
1989-90 11,890,911 6,933,276 7,329,039 6,882,083 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 83,442,609
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
(1) Includes all governmental fund types-General, Special Revenue, Debt Service and Capital Projects
(2)The data presented represents all City activities for which the City Council has oversight responsibilities with the exception of the Rancho
Cucamonga Fire District which became a component unit July 1, 1989,and for which only 1988-89 and the subsequent year's data was available.
(3)Expenditures for the fiscal year 1987-88 and prior are functionally classified as presented in the financial statements for those years. Expenditures for
fiscal year 1987-88 and later are classified differently to show more details as presented in the financial statements.
Source: Annual Audit Report
96
EXIHBIT 2
CITY OF RANCHO CUCAMONGA
GENERAL GOVERNMENT REVENUE BY SOURCE
Last Ten Fiscal Years
Fiscal Taxes & Licenses & Inter- Charges for Use of Money Fines& Development
Year Assessments Permits governmental Services and Property Forfeitures Fees Other Total
1986-87 $16,877,008 $3,388,450 $2,790,180 $3,141,610 $5,905,621 $184,847 $5,243,109 $90,135 $37,620,960
1987-88 21,503,933 2,548,542 5,336,914 3,656,466 5,845,097 256,861 9,245,745 4,210,878 52,604,436
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
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
(1)Includes all governmental fund types-General, Special Revenue, Debt Service and Capital Projects Funds.
(2)The data presented above represents all City activities for which the City Council has oversight responsibilities.
Source: Annual Audit Report
97
EXHIBIT 3
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
1986-87 $2,678,753,824 $311,258,610 $2,990,012,434 $151,427,130 $3,141,439,564 $3,141,439,564 $95,133,356 $3,046,306,208
1987-88 3,276,453,488 311,545,190 3,587,998,678 175,043,138 3,763,041,816 3,763,041,816 102,509,009 3,660,532,807
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 14,532,065 6,194,145,214 340,718,049 6,534,863,263 6,534,863,263 129,211,480 6,405,651,783
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
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: County of San Bernardino Auditor-Controller
98
EXHIBIT 4
CITY OF RANCHO CUCAMONGA
PROPERTY TAX LEVIES AND COLLECTIONS
Fiscal Total Tax Total Tax Percent of Levy
Year Levy Collection Collected
1986-87 1,106,392 1,148,006 103
1987-88 1,280,269 1,383,181 108
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
1993-94 1,779,421 1,860,297 105
1994-95 2,365,012 1,727,482 73
1995-96 2,347,820 1,772,721 76
Note: The County of San Bernardino does not provide sufficient information to determine what portion of total collections represent
delinquent taxes and interest and penalties on those delinquencies.
Source: Finance Department, County of San Bernardino- Auditor Controller
99
EXHIBIT 5
CITY OF RANCHO CUCAMONGA
DIRECT AND OVERLAPPING PROPERTY TAX RATE
Last Ten Fiscal Years
Chino Basin City or Rancho
Fiscal Schools County Cucamonga Metropolitan Municipal WD Cucamonga Total
Year Tax Rate Tax Rate County W.D. Water Dist. Tax Rate Tax Rate Tax Rate
1986-87 0.0361 1.000 0.0111 0.0148 0.0071 0.0493 1.1184
1987-88 0.0471 1.000 0.0145 0.0164 0.0066 0.0493 1.1339
1988-89 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
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
1995-96 0.0471 1.000 0.0098 0.0089 0.0000 0.0383 1.1041
Assessed valuation of property is stated at 100% of market value.
Source: County of San Bernardino Auditor-Controller
100
EXHIBIT 6
CITY OF RANCHO CUCAMONGA
SPECIAL ASSESSMENT COLLECTIONS
Ratios of Total Outstanding
Fiscal Current & Prior Assessments Collections to Current and
Year Assessments Due Collected Amount Due Delinuuent Assmts
1986-87 $3,393,052 $3,393,052 100.00% $ -
1987-88 3,575,299 3,451,700 96.54 123,599
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 98.74 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 98.30 101,626
1994-95 5,938,191 5,884,908 99.10 53,283
1995-96 5,301,182 5,253,966 99.11 47,216
Source: Finance Division, Resource Center 101
CITY OF RANCHO CUCAMONGA
Special Assessment Collections
Assmis. Total
Collected Assmts. Assessments
9910'° Outstanding $5.301 , 182
0.9%
FISCAL YEAR 1995/96
Ln
tax
EXHIBIT 7
CITY OF RANCHO CUCAMONGA
DIRECT AND OVERLAPPING BONDED DEBT
1995-96 Accessed Valuation: ,741.006,535
DIRECT AND OVERLAPPING BONDED DEBT- % Applicable Debt 6/30/96
San Bernardino Co. General Fund&Pension Obligations 7.519 % $106,526,147
Metropolitan Water District 0.540 3,266,433
Chino Basin Mun. Water Dist. Authority 18.305 32,949 Direct Debt 0.02%
Chaffey Community College Dist. Certs. of Participation 18.239 1,448,177
Chaffey Jt. Union H.S. Dist.-Certs of Participation 38.014 2,261,833 Total Gross Debt 4.66%
Alta Loma School District 98.471 8,168,169 Total Net 4.66%
Central School District&Certs. of Participation 96.811 23,839,709
Cucamonga School District -Certs of Participation 39.786 6,316,028
Cucamonga County Water District 88.806 399,627 SHARE OF AUTHORIZED AND UNSOLD BOND
Cucamonga County Water District, I.D. #5 95.534 2,206,835 Metropolitan Water District -0-
Rancho Cucamonga Redevelopment Agency 100.000 111,740,000 Alta Loma School District -0-
Etiwanda School Dist. Community Facilities Dist. #1,#2,#3 100.000 17,535,000 Cucamonga School District -0-
City of Rancho Cucamonga-Certs. of Participation 100.000 1,070,000
City of Rancho Cucamonga Cmnty. Fac. Dist. #84-1 100.000 20,595,000
City of Rancho Cucamonga 1915 Act Bonds 100.000 8,020,000 STATE SCHOOL BUILDING AID
Fontana Unified School District&C.O.P. 0.460 389,819 REPAYABLE AS OF 6/30/96: $4,001,978
Upland Unified School District C.O.P. 0.120 4,302
TOTAL DIRECT&OVERLAPPING BONDED DEBT $313,820,028
Source: California Municipal Statistics, Inc.
103
EXHIBIT 8
CITY OF RANCHO CUCAMONGA
Legal Debt Margin
(General Obligation Bonds)
June 30, 1996
Assessed valuation $6,741,006,535
Debt limit - 15% of assessed valuation $1,011,150,980
Amount of debt applicable to debt limit:
Total bonded debt $0
Other debt $0
Less assets in Debt Service Fund available
for payment of principal $0 $0
Legal debt margin $1,011,150,980
Source: Finance Department
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.
104
EXHIBIT 9
CITY OF RANCHO CUCAMONGA
BUILDING PERMITS
Number Of Permits Issued
1986-87 1987-88 1988-89 1989-90 1990.91 1991-92 1992-93 1993-94 199495 1995-96
July 1,773 1,425 1,232 428 418 278 326 238 300 237
August 1,587 1,769 1,751 459 327 262 230 344 288 232
September 1,064 1,547 1,373 351 192 248 245 305 242 225
October 2,219 1,084 1,941 512 328 284 268 222 191 321
November 1,126 837 1,470 358 274 200 255 283 270 191
December 1,289 848 1,068 268 303 195 223 237 170 158
January 1,742 973 1,448 337 228 171 182 264 131 249
February 1,455 1,246 1,167 359 317 243 149 281 257 185
March 1,775 1,820 1,689 410 257 295 298 442 196 209
April 1,468 1,225 1,649 396 335 231 315 201 214 226
May 1,294 1,708 1,927 372 313 274 262 307 307 250
June 1,577 1,981 1,964 408 312 365 385 348 280 218
TOTAL 18,369 16,463 18,679 4,658 3,604 3,046 3,138 3,472 2,846 2,701
Source: Building and Safety Division
105
CITY OF RANCHO CUCAMONGA
Building Permits
Thousands
20
15
10
■ ■ ■ ■ ■ ■ ■;
1986-87 87-88 88-89 89-90 90-91 91 -92 92-93 93-94 94-95 1995-96
Fiscal Year
IMNO.Of Permits Issued
106
EXHIBIT 10
CITY OF RANCHO CUCAMONGA
CONSTRUCTION ACTIVITY
' BUILDING PERMIT VALUATION
1986-87 1987-88 1988-89 1989-90 1990-91 1991-92 1992-93 1993-94 1994-95 1995-96
July $41,935,297 $26,616,322 $19,353,555 $10,089,602 $23,599,548 $2,918,819 $11,119,619 $2,309,314 $9,862,766 $12,331,995
August 22,952,826 42,574,167 30,200,101 23,460,230 14,593,530 2,505,876 3,640,314 6,934,763 10,295,238 8,658,100
September 24,218,811 31,918,086 24,268,160 22,479,041 2,350,284 4,577,135 5,611,615 6,012,384 10,610,641 7,539,020
October 9,885,316 20,870,494 48,782,828 23,647,235 7,727,450 6,382,558 3,630,620 4,005,140 14,552,820 10,501,190
November 14,416,666 24,547,794 17,614,217 11,332,216 5,654,369 2,436,103 7,572,750 7,615,600 15,978,747 3,606,830
December 25,215,286 12,117,584 16,056,186 10,147,202 23,805,734 7,140,379 2,843,800 2,346,730 7,157,443 6,256,792
January 30,521,731 17,568,702 24,774,598 15,816,216 10,283,180 8,374,060 8,407,509 12,343,088 1,717,165 15,045,410
February 12,217,137 31,608,519 38,792,235 23,738,389 7,041,748 5,401,851 1,899,579 12,671,962 17,497,339 11,201,194
March 33,979,691 43,663,631 47,229,360 16,484,505 13,445,250 5,561,660 8,499,799 14,063,158 2,101,199 11,932,433
April 41,009,272 10,056,772 35,861,166 9,156,809 6,593,123 4,686,138 11,459,265 5,158,210 8,054,910 11,378,975
May 10,459,244 32,375,301 34,206,959 9,498,383 3,910,268 5,137,236 5,231,474 17,243,990 9,403,612 15,468,092
June 24,066,664 56,408,374 60,298,893 22,989,440 7,689,607 18,714,994 15,177,110 12,007,333 10,546,284 6,074,237
TOTAL 290,877,935 350,325,746 397,438,258 198,839,268 126,694,091 73,836,809 85,093,454 102,711,672 117,778,164 119,994,268
Source: Building and Safety Division
107
CITY OF RANCHO CUCAMONGA
Construction Activity
Millions
$500
$400
$300
$200
$100 All
$0 i r � —�
1986-87 87-88 88-89 89-90 90-91 91-92 92-93 93-94 94-95 1995-96
Fiscal Year
mValue Of Permits
Fp
109
EXHIBIT 11
CITY OF RANCHO CUCAMONGA
DEMOGRAPHIC STATISTICS
Average Annual San Bernardino City Population
City Population County as Percent
Year Population Percent Changes Population of County
1987 80,420 8.9% 1,167,175 6.9%
1988 94,614, 17.9% 1,202,695 7.9%
1989 104,727 10.7% 1,286,210 8.1%
1990 104,887 (1) 0.2% 1,423,800 7.4%
1991 105,100 (2) 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 7.2%
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%
Source: (1) U.S. Bureau of Census, California Department of Finance
(2) In May, 1996 the California State Controller's Office (Demographic Research Unit) recalibrated the
population count statewide retroactive to April 1990. That recalibrated count is reflected above.
109
DEMOGRAPHIC STATISTICS DEMOGRAPHIC STATISTICS
City Of Rancho Cucamonga County Of San Bernardino
,po10
i
m, ,� „� ,,� ,� , � -
110
EXHIBIT 12
CITY OF RANCHO CUCAMONGA
PRINCIPAL TAXPAYERS(1)
June 30, 1996
TOP 25 PRODUCERS
Albertson
Ameron
Best Buy
Circle K
Circuit City
Claim Jumper
Giorgio
Inland Commercial Fueling
Liquid Air
McDonalds
Mervyn
Mobil Oil
Montgomery Ward
New England Newspaper Supply
Office Depot
Price Company
Proficient Food Company
Rykoff Sexton Inc.
S W School Supply
Service Merchandise
Stater Bros.
Tamco
Target
Vanguard Plastics
Wal Mart
(1) Based on sales tax revenues, listed alphabetically.
Source: State Board of Equalization
111
EXHIBIT 13
CITY OF RANCHO CUCAMONGA
PURCHASED INSURANCE POLICIES
AS OF JULY 25, 1996
Coverage Maximum Coverage Company Remarks
Auto Insurance $250,000 PARSAC One year policy -Expires 5/97
SFC 008585 $33,386 annual premium
Boiler&Machinery Policy $9,500,000 Hartford Steam Boiler One year policy -Expires 10/26/96
BMI-LA-9934845 $9,071 annual premium
Crime Policy $100,000 Aetna One year policy- Expires 7/24/98
Employee Surety 005 BY 100825831 BCA not billed as of July 25, 1996
Equipment Insurance $250,000 PARSAC One year policy-Expires 5/97
premium included in auto coverage
Liability Insurance $5,000,000 PARSAC One year policy -Expires 7/1/97
$354,862 annual premium
Notary Bond $10,000 Western Surety Company Effective 12/17/93
$50.00 annual premium
Excess Liability $5,000,000 PARSAC One year policy -Expires 7/1/97
$46,569 annual premium
Property Insurance $250,000 PARSAC One year policy -Expires 5/97
premium included in auto coverage
Special Events $2,000,000 CNA Insurance Company One year policy
$1,000 one time premium
Workers Compensation $10,000,000 PARSAC One year policy- Expires 7/1/97
$91,682 annual premium
Excess Workers' Comp $10,000,000 PARSAC One year policy -Expires 7/1/97
$109,155 annual premium
Source: Risk Management Division 112
EXHIBIT 14
CITY OF RANCHO CUCAMONGA
MISCELLANEOUS STATISTICAL INFORMATION
Date of Incorporation Nov. 22, 1977
Type of City General Law
Form of Government Council Manager
Area 37.5 Square Miles
Population 115,900
Number of Street Lights 9,145
Miles of Streets 446
Number of Signals 95
Fire Protection:
Rancho Cucamonga Fire District
Number of Stations 5
Number of Firefighters & Officers 67
Police Protection:
Contracted with San Bernardino Co.
Number of Stations
Number of Sworn Officers 81
Recreation and Culture:
Number of Parks 20 with 236 acres
Source: City Of Rancho Cucamonga - Various Departments
113