HomeMy WebLinkAbout1993/06/30 Comprehensive Annual Financial Report 1
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CITY OF RANCHO CUCAMONGA, CALIFORNIA
' COMPREHENSIVE
ANNUAL FINANCIAL REPORT
FISCAL YEAR ENDED
JUNE 30, 1993
PREPARED BY
' FINANCE DEPARTMENT
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 xxiii
tOrganizational Chart xxiv
Geographic Location Diagram xxv
' Certificate of Achievement for Excellence in Financial Reporting xxvi
' Certificate of Award for Outstanding Financial Reporting xxvii
FINANCIAL SECTION
' INDEPENDENT AUDITOR'S REPORT 1
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 -
Internal Service Fund 12
' Exhibit E - Statement of Cash Flows - Proprietary Fund
Type - Internal Service Fund 13
' NOTES TO FINANCIAL STATEMENTS 14
The notes to the Financial Statements are an integral part of
the financial report and are essential to the fair presenta-
tion and adequate disclosure of the financial position of the
reporting entities
CITY OF RANCHO CUCAMONGA
TABLE OF CONTENTS '
Page ,
Number
SUPPLEMENTARY SCHEDULES '
Schedule 1 - Balance Sheet - General Fund 52
Schedule 2 - Statement of Revenues, Expenditures and '
Changes in Fund Balances - General Fund 53
Schedule 3 - Schedule of Revenues, Expenditures and '
Changes in Fund Balances - Budget and Actual
(Budgetary Basis) - General Fund 54 '
Schedule 4 - Combining Balance Sheet - All Special
Revenue Funds 59 '
Schedule 5 - Combining Statement of Revenues, Expenditures
and Changes in Fund Balances - All Special
Revenue Funds 62 '
Schedule 6 - Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances - Budget and ,
Actual (Budgetary Basis) - All Special Revenue
Funds 65
Schedule 7 - Combining Balance Sheet - All Debt
Service Funds 74
Schedule 8 - Combining Statement of Revenues, Expenditures '
and Changes in Fund Balances - All Debt
Service Funds 75 ,
Schedule 9 - Combining State of Revenues, Expenditures and
Changes in Fund Balances - Budget and Actual - '
All Debt Service Funds 76
Schedule 10 - Combining Balance Sheet - All Capital '
Projects Funds 78
Schedule 11 - Combining Statement of Revenues, Expenditures '
and Changes in Fund Balances - All Capital
Projects Funds 79
CITY OF RANCHO CUCAMONGA
' TABLE OF CONTENTS
' Page
Number
' SUPPLEMENTARY SCHEDULES (Continued)
Schedule 12 - Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances - Budget and Actual
(Budgetary Basis) - All Capital Projects Funds 80
' Schedule 13 - Combining Balance Sheet - All Agency Funds 83
Schedule 14 - Combining Statement of Changes in Assets
and Liabilities- All Agency Funds 84
Schedule 15 - Statement of General Fixed Assets 87
t Schedule 16 - Schedule of General Fixed Assets by Function
and Activity 88
' STATISTICAL SECTION
Exhibit 1 - General Governmental Expenditures by Function 89
Exhibit 2 - General Government Revenue by Source 90
' Exhibit 3 - Assessed Valuation of All City Property 91
Exhibit 4 - Property Tax Levies and Collections 92
Exhibit 5 - Direct and Overlapping Property Tax Rate 93
tExhibit 6 - Special Assessment Collections 94
Exhibit 7 - Direct and Overlapping Bonded Debt 96
Exhibit 8 - Legal Debt Margin (General Obligation Bonds) 97
Exhibit 9 - Number of Permits Issued 97
Exhibit 10 - Construction Activity - Building Permit Valuation 98
Exhibit 11 - Demographic Statistics 99
Exhibit 12 - Principal Taxpayers 100
Exhibit 13 - Purchased Insurance Policies 101
Exhibit 14 - Miscellaneous Statistical Information 102
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INTRODUCTORY SECTION
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T H E C I T Y O F
SQA NC KO C UC A MONG1�
November 24, 1993
The Honorable Mayor
and Members of the City Council
City of Rancho Cucamonga
Rancho Cucamonga, CA 91730
Councilmembers:
Submitted for your information and consideration is the Annual Financial
Report for the year ended June 30, 1993. 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,
1992. 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
1 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 five consecutive years (June 30, 1988 through June 30, 1992). We
believe our current report continues to conform to the Certificate of
' Achievement program requirements, and we are submitting it to GFOA.
Mayor Dennis L. Stoutri
Councilmember William J. Alexander
Mayor Pro-Tem Charles J. Buquet II Councilmember Diane Williams
Jack Lam, ACIP, City Manager Councilmember Rex Gutierrez
' 10500 Civic Center Drive P.O. Box 807 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
112,592 and encompasses approximately 36.5 square miles. It is located
between the City of Upland to the West, and Ontario to the South, and '
Fontana to the East, and is in the Western part of San Bernardino County.
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 (Corporation), and the Rancho Cucamonga Fire Protection
District. The City provides accounting services to all these agencies, while
audited financial statements are issued separately.
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), library 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 Division is structured under the Administrative Services
Department with the Director of Administrative Services having
responsibility for Finance, Personnel, Risk Management, Purchasing,
Licensing, Facilities Maintenance, Resource 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, treasury 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 Council
members are elected on a staggered basis with the Mayor being elected for a
term of two years and the City Councilmembers 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; 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 - Includes 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,
1993, and the results of its operations and changes in financial position. All I
disclosures necessary for the reader to gain a maximum understanding of
the City's financial affairs have been included.
FUND DESCRIPTIONS r
Definitions of the various funds and account groups of the reporting entity ,
are included in the Supplementary Information 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 various funds and account groups. Governmental
fund types and agency funds are maintained on the modified accrual basis.
Proprietary fund types are maintained on the accrual basis.
A system of internal accounting controls has been developed and regularly
reviewed by 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.
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2. Financial records can be relied upon for preparing adequate financial
statements and for maintaining accountability for assets.
All reviews of any changes in the system of internal accounting controls
occur according to the above criteria. We believe that the system of internal
accounting controls is reasonably adequate for the protection of assets and
the proper recording of financial transactions.
The budgetary policy of the City, briefly stated, is to: prepare budgets for all
funds of the City to the extent practicable; only adopt budgets that are
balanced in terms of resources versus expenditure appropriations; only
adopt budgets that do not exceed State constitutional limits; adopt budgets
prior to the beginning of the fiscal year in which they take effect; exercise
budgeting control at the fund level; permit adjustment during the year by
the City Council and transfers within the total authorized appropriation by
the City Manager; adopt budgets by minute resolution and not by City
1 ordinance; and to utilize appropriation encumbrances as a management
control technique for the budgetary control of expenditures.
' II. HIGHLIGHTS OF FISCAL YEAR 1992/93
REDEVELOPMENT AGENCY
A Economic Development/Marketing
This year's activity was increasingly pro-active. The Agency widened its
outreach to the business community by directly assisting and retaining
current Rancho Cucamonga companies. Scholsser Forge's facilitated
expansion serves as an example of the cooperation built between the
City/Agency and in-town firms. Relationships have also been forged, in
collaboration with the Chamber of Commerce to intervene and assist
' companies that are considering relocation out of our area. As news of the
City's increasing responsiveness spreads, these programs will become even
more productive.
Another example of our outreach was the Economic Advancement Survey
conducted with Chaffey College. Local business assistance was the goal, in
addition to the valuable economic development data gathering. These "at
home" measures were supplemental to the attraction and assistance of
important new corporate residents like Price Club and Wal-Mart.
' The Agency also opened a "dialog" with the commercial/industrial
brokerage community by hosting "Brunch in the Vineyards" - a seminar
about developing and leasing Rancho Cucamonga properties. New Business
Salutes became another new approach, demonstrating the City's
commitment to supporting and nurturing in-town corporate residents.
Rancho Cucamonga's marketing tools received a boost this year, with the
addition of a newly produced music video "We Love R.C.I" - which was
' honored with 3CMA7s 1993 Savvy Award. QCMA is a national organization
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that promotes public sector excellence). Again, both national and regional
publications were used to promote the City, with increased emphasis on ,
southern California business papers and monthly journals. Our trade show
exposure was maintained with select retail and development groups, as well
as supporting the annual regional showcase. ,
R Sports Complex
This years most high profile project was undoubtedly the Sports Complex,
with the key component being the "Epicenter," home of the Rancho
Cucamonga Quakes Baseball team. It has proven to be of overwhelming
benefit to the City, in terms of resident pride, revenues generated and
media publicity. Construction was completed in the spring, and the Quakes
established impressive new league attendance and sales records. In fact, the
games have proven so popular, an expansion is now being considered. The
ancillary facilities, much needed baseball and soccer fields, were also
received enthusiastically.
C. Affordable Housing
The non-profit North Town Housing Development Corporation was created, 1
with a Board of Directors composed entirely of residents. The Board then
designed a four point, 5 year program to upgrade the North Town area,
including: acquisition and rehabilitation of existing homes, acquisition of
vacant lots for new construction, rehabilitation of owner-occupied homes
and new construction of rental units on the nine acre parcel adjacent to Old
Town Park.
ENGINEERING
Significant capital projects for fiscal year 1992/93 included the completion
of the Milliken Avenue Grade Separation project between 6th Street and
Jersey Blvd. This project completed the second to last link in the ultimate
Milliken Avenue alignment from Banyan Street to the southern city limit at ,
4th Street. Only the Arrow Route to Foothill Blvd. portion of the street
remains to be improved. Engineering inspectors coordinated the
construction of the nonstructural portion of the Sports Complex. Included
in this project was the construction of three traffic signals located at Arrow
Route and Rochester Avenue, Rochester Avenue and Jack Benny Drive, and ,
Rochester Avenue and Stadium Way. Other significant street projects were
the Haven Avenue rehabilitation project from 4th Street to Civic Center
Drive and the Rochester Avenue improvement project from Victoria Park '
Lane to Highland Avenue. This included the construction of a signal at
Rochester Avenue and Highland Avenue. During fiscal year 1992/93 the
signal at Vineyard Avenue and Arrow Route was upgraded to provide left turn
movements. ,
During fiscal year 1992/93 Engineering staff inventoried all the City
maintained streets. This inventory was then included in a pavement
management program which evaluates the database and will prioritize
capital maintenance needs for the City's streets. This allows the City to
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better determine where its available funds for street maintenance and
' improvement should be spent.
The City also completed its City wide Traffic Model. This allows forecasting
traffic impacts of development projects throughout the City.
PLANNING
A Current Planning
During the 1992/93 fiscal year, the Current Planning section processed a
significant number of major development projects, permit entitlements, and
special projects as summarized below:
' New Development
Staff processed a total of 839 applications of all types, ranging from
Tentative Tract Maps to Home Occupation Permits. Among these
applications were: 7 Tentative Tract Maps, 37 Conditional Use Permits and
' 20 Development/Design Reviews.
Major development projects which were processed during fiscal year
1992/93 included the Foothill Marketplace Phases 2 and 3 (Circuit City,
Sports Chalet, Office Depot, PetsMart, Food 4 Less), the Sports Complex and
Animal Control Shelter, Smith's Superstore and Masi Commerce Center.
Plan Check/Inspections
The continued strength of commercial construction also required significant
attention during 1992/93. Major projects that went through plan check
and/or were under construction included the Sports Complex and Animal
Control Shelter, Foothill Marketplace (Price Club/Wal-Mart) and the Terra
Vista master-planned community.
Special Projects
The Current Planning section was involved with several special projects
directed by the City Council or Planning Commission. A land use planning
' study was completed in conjunction with proposed amendments to the
City's adult business regulations.
The Commercial Security Plan, a study of security needs within shopping
centers, was initiated. Staff assisted Administration to hire a consultant and
develop a scope of work for a Commercial Security Plan.
' For the Chaffey Barn Reconstruction historic preservation project, staff
coordinated preconstruction activities. This included plan check, securing
additional funds, preparation of bid documents and contract administration.
An amendment to the Hillside development regulations was initiated by the
' Planning Commission. Staff began writing changes to ordinances regarding
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hillside development. This included researching standards, staff reports, ,
workshops with the Planning Commission and drafting an ordinance.
A San Bernardino County wide Bicycle Plan effort led to the involvement of
staff in the County's Bicycle Plan Evaluation Committee which selected a
consultant and defined the scope of contract work. In addition, staff
participated in the County's Bicycle Plan Advisory Committee which is
working with the consultant in the preparation of the Plan.
The study of parking requirements for shopping centers was completed.
The study involved contract administration and preparation of amendments '
to the City's Municipal Code.
Implementation of the trails system continued as staff pursued several ,
bicycle trail construction projects. This included budgeting funds or
preparing grant applications, defining projects and coordination with the
Engineering Division. This included bike trails along Base Line Road and
Milliken Avenue.
H Advance Planning '
County Referrals
Four new County referrals were received and reviewed by staff. One major
project, Burrtec-Kaiser Resource Recovery Facility, has proceeded through
project revision and environmental review. Staff continued to monitor,
review and comment on one residential project of 24 units in the Snow
Drop Road area which was approved by the County. Staff continued to
monitor the environmental assessment proceedings for the Landmark Land
Company golf course development proposal.
Inter-Governmental Referrals
The U. S. Fish and Wildlife Service notified the City of the listing of the
California Gnatcatcher as a threatened species under a proposed special
rule. Staff completed a preliminary survey of vacant land for the presence of
Gnatcatcher habitat and notified property owners of the federal action.
Etiwanda North Specific Plan '
The Infrastructure Phasing Plan and Resource Management Plan (RMP) for
the Etiwanda North Sphere-of-Influence (SOI) was completed and approved '
by the City Council. The RMP outlines a plan for future preservation of
substantial areas of alluvial fan scrub in the City's SOI.
Housin ,
Two State mandated housing studies were completed during 1992/93. The
first, the Housing Production Plan, analyzes the Redevelopment Agency's
legal obligation to provide units of affordable housing and proposes strategies
to meet the requirements. The second, the Units at Risk Study WAR), ,
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identifies existing units of affordable housing which are restricted to low and
I moderate income families but are at risk of converting to market rate in the
near future. The UAR study proposes a strategy to keep the aforementioned
units from converting to market rate.
Air Quality Issues
During 1992/93, monitoring began on Southern California Air Quality
Management District's (SCAQMD) development of Traffic Control Measures
(TCM) program for use by local governments. Staff is continuing to provide
the information requested (calculations of existing and potential trip
reduction actions) from San Bernardino Area Governments (SANBAG) to
Traffic Engineering towards the development of a model TCM ordinance for
City consideration.
School Site Reviews
Staff and Planning Commission completed a courtesy review of a site for a
future high school at the northeast corner of East and Highland Avenues. An
analysis has been started regarding the southeast corner of Chaffey College
as a potential elementary school site for the Alta Loma School District.
Computerized General Plan Map
Planning staff has been working with Geographic Information Systems (GIS)
staff to input the necessary data to produce a computer generated General
Plan Map.
Ledi¢ House Rehabilitation
' Staff continued to coordinate the rehabilitation of the historic Ledig House.
This included contract administration, preparation of landscape plan and
' construction inspection.
Historic Preservation
' Historic Preservation accomplishments included the Landmark Designation
of four historic buildings (including the John Klusman house) and a historic
' Point of Interest Designation of the San Gabriel Valley Labor Camp Site on
Arrow. In addition, three Mills Act contracts were processed, providing
needed historic preservation incentives. During this period, two Landmark
' Alteration applications were processed. Public Art Programs were reviewed
for the Foothill Marketplace and Masi Commerce Center.
' G Community Development Block Grant Administration
This year saw the completion of several capital improvement projects,
including design work for three street improvement projects in the
Southwest Cucamonga target area, as well as construction of improvements
on Sierra Madre Avenue south of 9th Street. Other improvement projects
included the repair and replacement of 2,120 square feet of displace
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sidewalk in target areas and the installation of 600 square feet of handicap
curb ramps throughout the City. City crews also removed approximately '
29.000 square feet of graffiti in target areas.
Other improvements occurring during the year included the completion of '
approximately 80 percent of the design work for the Neighborhood Center
handicap improvements, as well as the completion of historic preservation
rehabilitation activities on the Chaffey-Garcia House and partial completion
of the Ledig House.
In the area of public service, the City continued to fund landlord/tenant and '
fair housing counseling services. A total of 481 households were provided
fair housing counseling and information, 16 discrimination cases were
handled, and 94 landlord/tenant cases were mediated. In addition, 12 cases '
regarding FHA foreclosure/default were counseled. Additional public
services were provided which included assisting 126 homeless or near
homeless individuals through the Homeless Outreach Programs and
Education (HOPE) organization. Through the House of Ruth, a total of 16
Rancho Cucamonga residents were provided assistance and shelter from
domestic violence, 260 hot line calls were received and 534 '
education/prevention activities were provided.
The Home Improvement Program continued to be in high demand. A total
of 1 loan. 15 grants and 8 emergency grants were completed and funds ,
were obligated for 1 additional loan and 7 grants. There continues to be a
long waiting list for this program with approximately 30 single family
homeowners and 14 mobile homeowners on the list. The Oldtimers
Foundation provided needed assistance to 37 elderly and low-income
homeowners for emergency and small home repairs.
In the area of general administration, this year saw the completion of ,
1993/94 Comprehensive Housing Affordability Strategy (CHAS) Annual Plan
and completion of the 1992/93 Annual Performance Report. The 1991/92 '
Grantee Performance Report was approved by U. S. Department of Housing
and Urban Development (HUD), along with the 1993/94 Final Statement
and Community Development Block Grant (CDBG) Application. '
D. Code Enforcement
During the 1992/93 fiscal year, the Code Enforcement section continued to ,
focus on responding to the needs of the community including property
maintenance, vehicle parking and storage and sign regulation. Activities '
involving the control and removal of graffiti on private property have become
a major part of the daily Code Enforcement program. In addition, economic
conditions have increased the number of vacant residences and businesses, '
due to foreclosures and losses, resulting in a substantial increase in activities
to prevent deterioration of these properties.
Much time has been spent working with the Anti-Graffiti Task Force toward '
combating graffiti vandalism. Recommendations developed for the Task
Force have been implemented, such as encouraging prompt graffiti removal
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programs at shopping centers and continually monitoring problem locations.
The adoption of the new Graffiti Abatement Ordinance will provide an
improved tool for integration of contract services into the daily Code
Enforcement operation, including County Weed Abatement and West Valley
Vector Control.
Code Enforcement continues to obtain voluntary compliance in over 90
' percent of the cases handled. This is achieved primarily by providing a high
level of personal service, maintaining positive public contact, with an initial
goal of education rather than enforcement. Although efforts continue toward
developing better regulations and methods to correct problems in the City,
the majority of the Code Enforcement program is directed at responding to
citizen complaints.
' BUILDING AND SAFETY
The decline in construction activity leveled off during fiscal year 1992/93.
By years end, valuation totals showed a modest increase over the previous
year.
' The mitigation program for unreinforced masonry buildings continues.
Approximately four (4) structures remain to be addressed.
' Implementation of the various recommendations of the Arroyo Seco report
continues to be a priority item. The purpose of the Arroyo Seco study was to
review the Development Review process in the City and make
recommendations for streamlining the process. The Building and Safety
Division is working with the Fire Safety Division to coordinate the plan
review and inspection process in a manner which will maximize current
staffing resources and provide more efficient service to the public.
It is anticipated that the fiscal year 1993/94 will continue the modest
' increases in building activities. Staff will continue examining the permit
process with the intent of making it more responsive to the community.
COMMUNITY SERVICES
The Community Services Department continued to devote its energy during
fiscal year 1992/93 to the provision of quality cultural, recreational and
human/senior services. Demand for community services to address the
needs of the residents and their families remain high. The 1992/93 fiscal
' year found the Community Services Department restructuring or improving
existing programs/services. The following major activities were
accomplished:
' A Youth Programs/Activities
' The very popular Playschool program for youngsters from one to five years
old was expanded during 1992/93 and now offers more than 30 classes and
serves 450 preschool aged children.
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Annual events continuing to garner the enthusiasm and participation of the
community include: '
o The Egg Hunt, held at four sites, saw over 4,000 residents participate
in this spring time event. ,
o Summer Day Camp offered for ten weeks at Carnelian Elementary
School. This site was provided through the cooperation of the Alta ,
Loma School District and approximately 400 children participated in
the games, sports, swimming, arts and crafts, special events, and field
trips. '
o The very popular Breakfast with Santa continues to include two
sittings at which over 200 youngsters are treated to a morning with '
Santa and a breakfast provided as a community service project by
Rancho Grande Mwanis.
o The Halloween Fun Fair, attended by nearly 600 community residents, ,
included a pumpkin carving workshop enjoyed by 25 youngsters,
costume contests, game booths, and a haunted hay ride through a star
lit Red Hill Community Park. '
o Other annual events included a New Year's Eve Sleep-over for children
two through twelve years old; a Mother's Day Tea hosting a special ,
salute to Mom's and their children; a Tiny Tot Triathlon was provided
for two to five year olds to compete in basketball toss, soccer kick, and
be wheel racing: and the annual Pep Day Invitational for cheerleaders '
at which over 700 spectators cheered their schools on. _
B. Family Program/Activities
The Amusing Children's Theater (A.C.T.) introduced a new series of
community programs for the whole family during 1992/93 and showcased ,
magicians, puppeteers, and much more. This unique showcase kicked off a
quite successful first season this year and looks to return strong in the years
to come.
Family orientated programs and activities also offered during fiscal year
1992/93 included: ,
o Movies in the Park provided a variety of family movies at both Red Hill
Community Park and Coyote Canyon Park with theme contests offered '
to enhance the program.
o Concerts in the Park saw its eighth annual season in the amphitheater '
of Red Hill Community Park. The concerts were sponsored by a grant
from the Rancho Cucamonga Community Foundation.
o The 4th of July celebration included family games, a softball ,
tournament, rides, and a Salute to the Troops who served in the Gulf
War. Along.with all this excitement, local crafters were highlighted.
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o The 14th annual Founder's Day Parade was held this year with the
theme of "The Bill of Rights."
o Art in the Park, held just in time for Mother's Day, and the annual
Holiday Party Craft Fair featured homemade arts, crafts,
entertainment, game booths, and children's activities.
' C Teen Programs/Activities
Thanks to the active participation of our young adults in our Teen
' Recreation Activity Club (TRAC) many programs/activities were supported
through their volunteer efforts.
o Teen Snack Bars operated at various community and special events
throughout the year helped raise funds for teen activities.
' o Night on the Town is a teen operated babysitting service through
which 40 youths volunteered their services bi-monthly to help parents
get a little "R & R" while at the same time provide entertaining and
' enriching activities for youngsters.
o Teen Trips: Fiscal year 1992/93 saw our teens go to some of the best
places in southern California, including Disneyland. Universal Studios,
and the°beach. There were also two very successful teen ski trips
attracting over 80 participants.
' D. Senior Programs/Activities
Senior Advisory Committee
The Senior Advisory Committee consists of approximately 25 seniors who
meet on a monthly basis providing hundreds of volunteer hours to their City
and input on senior issues and concerns.
The Silver Fox is a newsletter providing seniors with a list of classes.
' activities, programs, events, trips, human services, and a daily nutrition
menu.
Senior dances are held every first and third Tuesday at the Rancho
Cucamonga Neighborhood Center with the cost of the band offset by the
Pomona Valley Bank. Popular special events held for seniors include the
' Luau, Good Old Days, Halloween, Valentine's Day, St. Patrick's Day, Easter,
Fiesta, and 4th of July parties averaging an attendance of 190.
' E. Human Services Programs/Activities
The Human Service programs provide the following services and activities
for the community:
o Information and referrals to thousands of residents pertaining to a
' variety of questions and needs such as food stamps, senior services.
xiii
health care, housing, emergency food banks, job training, and ,
placement sources, etc.
o A bilingual referral service and a bilingual advisory committee.
o Annual events include the Senior Health Fair, a Holiday Basket
Program providing food baskets to 600 families, and the annual
recognition program for the City's 500 volunteers who assist the City '
with programs, activities, and services.
o On a monthly basis, surplus food commodities are distributed to needy ,
residents of Rancho Cucamonga. This program, with nearly 600
households participating monthly, is provided through a cooperative
effort between the Federal. State. County, and local governments. '
o Other programs include the City's Drug Abuse Resistance Education
(D.A.R.E.) Program (a jointly sponsored and financed venture between '
the Alta Loma, Central and Etiwanda School Districts, and the City of
Rancho Cucamonga); and the Youth Awareness Workshops which
provide training and information to youngsters free of charge. '
F. Sports
Pee Wee Soccer, in only its second year, saw over 230 three to five year olds ,
register for this introductory program to the sport of soccer.
Pee Wee Baseball is now becoming one of our largest sports programs, '
attracting 600 three to five year olds enthusiastically being introduced to the
basic fundamentals of baseball.
An additional pool site at Etiwanda High School was made available for the '
Youth Learn to Swim program, and registration increased by over 400 for a
total of 3,160 participants. Private lessons were offered for the first time ,
and was well receive by 200 swimmers. In addition to the swim classes,
more than 5,700 swimmers participated in the recreational swim programs.
Over 530 participated in this year's ten week Youth Basketball program. '
Fifty-six youth teams played at Alta Loma High School and Etiwanda
Intermediate School gyms on Saturdays. We also sent the largest all-star ,
delegation in the Inland Valley to its All-Star Tournament. Nine of our
eleven teams advanced to the play off finals or the consolation finals and one
of our girls' teams won the southern California State Finals. '
The City also provides sport activities for Adult Softball, Adult Soccer
Leagues, Adult Tennis Leagues, Adult Basketball, and Adult Volleyball. '
G, 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 City's rapidly
xiv '
growing population of new policies, development, activities, and recreational
opportunities taking place in the community.
POLICE DEPARTMENT
Solution Oriented Policing
This program was initiated last year and is now in full operation. Each of our
officers have received instruction in POP (Problem Oriented Policing)
concepts and we are currently working projects and programs utilizing
' these concepts to meet the needs of our Department and Community.
Gang Suppression
Gang Suppression remains one of the primary concerns for this department.
We are adding 5 additional patrol officers and a sergeant to our staff to meet
this task. The officers will work along side the Gang Officer and School
Resource Officer to provide better responses to our many school campuses
within this community.
' Bicycle Enforcement Team
' Our Bicycle Enforcement Team was initiated during 1992/93. This program
allows for the silent approach and deployment of officers in our commercial
areas, parks, and during public events. Because of the effectiveness of this
program, 6 additional bicycles have been purchased through asset seizure
funds and additional personnel have trained in bicycle crime suppression.
Driving Under the Influence Suppression
' The driving under the influence check point program was initiated through
a State Grant. This program uses stationary check points to remove drunk
' drivers from our highways. To increase our effectiveness, 4 hand held
breath alcohol detection devices have been purchased with asset seizure
funds. These devices will be used by our Patrol Officers as a tool to identify
' breath alcohol limits during traffic stops and field contacts.
CASH MANAGEMENT
' 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 613 days maturity, issues of federal agencies, bankers
acceptances, mortgage securities, negotiable Certificates of Deposit and the
' State's Local Agency Investment Fund (LAIF). During the fiscal year 1992/93
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.
xv
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 26, 1992, the City of Rancho Cucamonga placed $3,053,258, ,
along with the $649,111 balance in the trustee's reserve fund, into an
irrevocable trust with an escrow agent to defease the 1988 Series B '
California Cities Financing Corporation $6,390,000 Certificates of
Participation. The outstanding balance of the certificates was $3.500,000
prior to defeasance. These monies were used to purchase U. S. Government
securities in an amount sufficient to provide for all future debt service
payments on the 1988 certificates. The certificates are considered to be
defeased and the liability for those certificates has been removed from the '
General Long-Term Debt Account Group. The City advance refunded the
1988 certificates to reduce its total debt service payments over the next
three years by $3,864,159 and to obtain an economic gain of $11,200. ,
RISK MANAGEMENT
During fiscal year 1992/93, 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 one hundred '
thousand dollars of loss for general liability claims and purchases coverage
from one hundred thousand to ten million dollars of 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.
M. PROSPECTS FOR THE FUTURE ,
During the last four years, all cities have had to adjust to the economic '
slump in ways that are relevant to their own budgetary situation and local
revenue structures. Simultaneous with these difficult adjustments, the State
of California began taking away taxes generated locally, taxes that our ,
xvi
' community, as well as every community in California depended upon to fund
local services, and diverted these dollars for other State purposes.
These State decisions have compounded the problems of budgeting and the
' decision making process. Many citizens do not understand the complex
financial relationships between the City and the State, and are often
surprised that fewer of their tax dollars now go to the City to support the
services that they have always received. Services that everyone has taken for
granted now either cost more or have been disrupted, through no fault of
either the service recipient or the service provider.
' Rancho Cucamonga is a contract city with many of its services privatized. As
a result, the City has a smaller work force than other communities of its size.
' As a contract city, services have assumed a level of cost effectiveness unlike
other communities, and its costs for such services are comparatively
smaller. Any disruption in revenue flow places a severe strain on these
' services.
The City is also among a number of low property tax cities statewide that
receive a smaller, disproportionate share of the property tax, a key factor
that must be recognized in any budgetary discussion. Currently, only two
cents of every dollar paid in property tax in Rancho Cucamonga goes to
' support all City services. As a result, the City has had to rely upon other
revenue sources to fund the basic programs that are demanded in this
community.
' General Fund revenue loss from the State has grown from a little over
$700,000 in fiscal year 1990/91 to over $2.7 million 'today. This alone
represents an annual revenue loss of over 11% of the current budget. In
addition, the State took away $3.7 million from the Redevelopment Agency
in fiscal year 1992/93 and an additional $1.1 million will be taken away in
fiscal year 1993/94.
' As a response to this and other revenue losses, the City has drastically
reduced service expenditures . while maintaining public safety services,
' reduced staffing levels, froze salaries, and made cost center consolidations
whenever possible. During this time, staffing levels were reduced by 22%
and cannot continue without severe degradation of services or a de facto
' collapse of a service. Even though there is recognition of financial
constraints, service demands continue. Since fiscal year 1990/91, the City's
General Fund has seen a cumulative reduction of expenditures totaling $5.7
' million. Given the fact that the expenditure reductions had to incorporate
the externally imposed 2 - 3% increased annual costs of operation, the net
result is nearly a 25% decline in real service dollars.
' During March and April of 1993, the City held two advertised public
hearings, met with members of the Chamber of Commerce and other
' industrialists in the City, and provided information to residents regarding
implementation of a utility user's tax. On April 7, 1993, the City Council
adopted Ordinance Number 510, a utility user's tax of 4.66% to become
effective July 1, 1993, and to be applied to telephone, electricity, gas, and
xvii
water utility bills. This ordinance included an annual cap of $50,000. That
is to say that the maximum aggregate amount upon any one service user for '
utilities during any calendar year shall not exceed $50,000. After the
standard start up time and some temporary computer problems
experienced by the various utility companies, it is anticipated that fiscal year '
1993/94 will see approximately $3.1 to $3.5 million of revenues as a result
of Ordinance Number 510. Current information indicates an estimated full
fiscal year of revenues to be approximately $5.6 million. ,
The City of Rancho Cucamonga proudly held the dedication of the Rancho
Cucamonga Adult Sports Park on April 3, 1993. This facility, which was '
built through redevelopment agency funds, includes three lighted softball
fields, two lighted soccer fields, and one ninety foot baseball field. The adult
sports activities at this facility allow community and neighborhood parks to '
become more accessible for City youth. The centerpiece of the facility is the
4,500 seat stadium, home of the Rancho Cucamonga Quakes, a California
League Class "A" Team affiliated with the San Diego Padres. The stadium ,
includes field level cafes, a state-of-the-art electronic scoreboard, and
seating that affords an excellent view of the game. It will also be used to
provide reasonably priced family entertainment, and with its already high
success rate is expected to be a fully self-supporting facility.
November 2, 1993, saw the successful passage of California Proposition 172,
the continuation of the half-cent sales tax approved to provide funding ,
primarily for counties. It was important that this measure passed, as the
entire outcome of the State budget solution would have been otherwise
damaged. Of the sales tax attributable county-wide to the measure, only 5%
will be made available for allocation among cities on a formula based upon
the amount of property taxes lost. Rancho Cucamonga's share is estimated
to be $179,000 annually.
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.
A Revenue Analysis ,
The total fund equity (aggregate fund balances) in these funds of $147
million reflects a decrease of $1.2 million over the previous fiscal year. ,
Total financing sources available to the funds during the year amounted to
$107.6 million. Of this amount, $79.7 million was from governmental fund
type resources, $9.3 million was from loan proceeds, and $25.3 million was '
from operating interfund transfers.
The decrease in bond proceeds reflects the City of Rancho Cucamonga s ,
prior year issuance of $4.8 million in Improvement Bonds for Assessment
District 89-1 for street and drainage improvements on Milliken Avenue
south of Arrow Route. '
xviii
' The Intergovernmental increase of approximately $1 million in revenue
includes an increase of $465,590 of Federal Aid Urban funds.
The $3.85 million increase in tax revenue is largely due to increase funding
' received from the various landscape maintenance districts and, as such, is
restricted to expenditures associated with the districts. The rise in tax
revenues is also a result of the first full year of sales tax revenues generated
from a number of new businesses in town, including the Price Club and Wal-
Mart.
The $2.3 million decrease in Use of Property and Money is primarily due to
the ever dwindling interest rates available for investments.
The following is a recap of the 1992/93 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 1992/93 Percent (Decrease)
Financiag Sources Revenue of Total From 91/92
Taxes $48.385 45.0% $ 3.850
Licenses & Permits 1,456 1.3 98
Fine & Forfeiture 391 .4 164
' Use of Property & Money 6,899 6.4 (2,315)
Intergovernmental 11.041 10.3 954
Charges for Services 2,066 1.9 ( 226)
' Development Fees 2,017 1.9 (1,588)
Other 7.435 6.9 f 5991
' Total Operating Revenues $79,690 $ 338
Sales of Fixed Assets 1,189 1.1 1,189
' Bond Defeasance Costs (3,053) (2.8) (3,053)
Loan Proceeds 9,309 8.6 (3,395)
Bond Proceeds -0- -0- (4,288)
' Cost of Issuance -0- -0- 96
Operating Transfers In 25,347 23.5 (18, 179)
Miscellaneous (4.852) (4.51 4,883)
Total Finance Sources 107 630 100.0% ($32. 175)
xix
1
S Expenditure Analysis
During the 1992/93 fiscal year, expenditures and interfund transfers
amounted to $108.8 million which reflects a decrease of $25.9 million when
compared to the previous fiscal year. ,
Debt Service expenditures saw a decrease of $6.2 million due to the
difference in volume of activity in fiscal year 1991/92 (approximately $21.4
million) versus fiscal year 1992/93 (approximately $15.2 million). As
mentioned earlier in this report, fiscal year 1992/93 activities included the
defeasement of the 1988 Series B California Cities Financing Corporation '
Certificates of Participation.
Engineering and Public Works had an expenditure decrease of '
approximately $4.8 million due primarily to the prior year implementation
of Assessment District 89-1's street and drainage improvements of
approximately $4 million. '
The Capital Outlay expenditures saw an increase over the prior year of $2.0
million. This increase represents completion in the prior year of two new '
fire stations and construction during the 1992/93 fiscal year of the Rancho
Cucamonga Adult Sports Complex and related street improvements.
General Administration expenditures increased over the prior year by almost ,
$2 million due primarily to 1992/93 start up costs for the two fire stations
(Jersey Station No. 174 and Banyan Station No. 175) constructed in
1991/92 via redevelopment funding. '
The following is a recap of the 1992/93 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:
ERPENDITURES BY FUNCTION '
(amount in thousands)
Increase ,
1992/93 Percent (Decrease)
Expenditures of Total from 91/92 ,
General Administration $12,945 11.9% $1,971
Public Safety 7,615 7.0 214 ,
Public Safety - Fire 7,839 7.2 377
Eng'rg & Public Works 7,789 7.1 (4,768)
Community Development 6,160 5.7 (743)
Community Services 1,702 1.6 (621)
Capital Outlay 24,189 22.2 2,011
Debt Service 15.204 14.0 (6,204) '
Total Govt Expenditures 83,443 (7,763)
Operating Transfers Out 25.347 23.3 (18, 179)
Total Expenditures $108.790 100.0% 25 942 ,
xx
C Proprietary Fund Type
1. 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 (1992/93) and
previous (1991/92) fiscal years:
1992/93 1991 /92
Operating Revenues $ 496 $ 508
' Non-Operating Revenues 139 125
635 633
LESS: Operating Expenses 133 167
Net Income (Loss) 502 466
' The Internal Service Fund (Capital Replacement/Fleet Maintenance)
increased its retained earnings by $36,780. 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.
2. Enterprise Fund
' During fiscal year 1992/93,-the City implemented an Enterprise Fund for
the Rancho Cucamonga Adult Sports Park described earlier in this report.
' This fund is supported by charges to customers, rental fees, and an
admission tax. The Enterprise Fund accounts for personnel and operating
costs directly associated with the operations of this facility. Fiscal year
' 1992/93 being the first year of operations, the following represents activity
during the current (1992/93) fiscal year only:
1992/93
(amounts in thousands)
' Operating Revenues $ 141
Non-Operating Revenues 4
' 145
LESS: Operating Expenses (318)
Net Income (Loss) $ (173)
' The Enterprise Fund had a net income during the 1992/93 fiscal year which
represented only the first three months of business for this activity.
xxi
V. GENERAL FUND FIXED ASSETS
General Fund 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, 1993, the general fixed assets of the '
City amounted to $125,355,267. This amount represents the original cost
of the assets, net of additions and deductions from July 1, 1992 to June 30,
1993, and is considerably less than their present value. The system of '
accounting presently recommended by the Governmental Accounting
Standards Board 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 account, 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.
VII. ACKNOWLEDGEMENTS '
The cover photograph on this 1992/93 CAFR, taken by Fred Licht Studios, is ,
the newly completed Rancho Cucamonga Adult Sports Park. The
centerpiece of this facility is the 4.500 seat stadium, home of the Rancho
Cucamonga Quakes, a California League Class "A" Team affiliated with the '
San Diego Padres.
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 and Administrative Services Departments. 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.
Jack Laffi, AIC
City Manager
Susan M. Stark
Finance Officer '
xxii
CITY•OF RANCHO CUCAMONGA, CALIFORNIA
' CITY OFFICIALS
JUNE 30, 1993
' CITY COUNCIL
Name Term Expires
Dennis L. Stout Mayor 1994
' Charles J. Buquet II Mayor-Pro Tem 1994
William J. Alexander Councilmember 1996
' Rex Gutierrez Councilmember 1996
' Diane Williams Councilmember 1994
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 Debra Adams
' Redevelopment Agency Manager Linda Daniels
Administrative Services Director Robert C. Dominguez
' Finance Officer Susan Stark
' Community Development Director Rick Gomez
City Planner Brad Buller
' Building Official Jerry Grant
' City Engineer Joe O'Neil
Community Services Manager Suzanne Ota
' xxiii
The Rancho Cucamonga Team
CTrY COUNCIL
(RDA BOARD) ——— CTTY CLERK ——— (717 TREASURER
(FIRE BOARD)
OWMQVAMrAL Fi1STORIC PLANNING
PUBIIC SAFETY PARK do RECREATION PRESERVATION COMMISSION
COMMISSION COMMISSION COMMISSION
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RMON
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 Cucamongas is strategically located at the hub on an extensive transportation network and within short
communte distances of major employment centers in southern California. The city encompasses the 36.5 square miles which
originally made up the communitites of Cucamonga, Alta Loma and Etiwands, becoming the incorporated City of Rancho
Cucamonga in 1977.
Certificate of i
Achievement
for Excellence 1
in Financial
Reporting 1
Presented to 1
City of Rancho Cucamonga,
California '
For its Comprehensive Annual
Financial Report '
for the Fiscal Year Ended
June 30, 1992
A Certificate of Achievement for Excellence in Financial ,
Reporting is presented by the Government Finance Officers
Association of the United States and Canada to
government units and public employee retirement '
systems whose comprehensive annual financial
reports(CAFRs)achieve the highest
standards in government accounting 1
and financial reporting.
1
To President
i
,g sEu.
act"
Executive Director
1
xxvi '
Cali ornia Society of
.f y
Municipaf Finance Officers
Certificate of Award
Outstanding Financid*porting 1991 -92
Presented to
City of Rancho Cucamonga
W
ql s certificate is issuedin recognition of meeting professionalstandards andcriteria in reporting which reflect a high levefof
quality in the annual financialstatements andin the underlying accounting system from which the reports were prepared
February 28, 1993
Chair,Professional&Technical Standards Committee
President
Dedicated to Excellence in Municipal financial Management
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1
FINANCIAL SECTION
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1MLance7200 S. Greenleaf Ave. Fred J.Lunghard, s
Brandon W.Burrows I
ISuite 280Donald L.Parker
Whittier, California 90602 Michael K.Chu
ghard (310)698-6727 David E.Hale
(714)447-6727 ANC ,WN CUWw
CFaX(310) 693-1599 Consultant
CERTIFIED PUBLIC ACCOUNTANTS
Robert C.Lance
1
1 City Council
City of Rancho Cucamonga
Rancho Cucamonga, CA 91730
INDEPENDENT AUDITORS' REPORT
1 We have audited the general purpose financial statements of the City of
Rancho Cucamonga, as of and for the year ended June 30, 1993 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
1 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, 1993, and the results of its operations and the cash flows of
1 its proprietary fund types for the year then ended in conformity with generally accepted
accounting principles.
1 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
1 and are not a required part of the general purpose financial statements of the City of
'i
1
MEMBER
CALIFORNIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS
AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS
L(SLLSE1 &ard�=��—
ce
9h '
City Council '
City of Rancho Cucamonga
Page 2
Rancho Cucamonga. Such information has been subjected to the auditing procedures
applied in the audit of the general purpose financial statements and, in our opinion,
is fairly presented in all material respects in relation to the general purpose financial '
statements taken as a whole.
As discussed in Note 20 to the financial statements, the Rancho ,
Cucamonga Redevelopment Agency (Component Unit of the City of Rancho
Cucamonga) has determined that the amount of low and moderate housing set aside
for the current and prior fiscal years have been computed on taxes allocated by the
County of San Bernardino to the Agency. The County of San Bernardino has not
reported to the Agency the amount of taxes held for County Free Library and County
Flood Control District purposes. For this reason the required low and moderate
income housing set aside fund has been calculated on the net taxes received by the
Agency and not the gross taxes generated by the Project Area. The amount of
available (undesignated) fund equity that would change as a result of making the
proper calculation cannot presently be determined. The Agency has requested
information from the County of San Bernardino to compute the necessary adjustments;
however, this was not available as of the date of the accompanying financial ,
statements. The financial statements do not include any adjustments that might result
from the outcome of this uncertainty.
August 26, 1993 ,
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CITY OF RANCHO CUCAMONGA Exhibit A
COMBINED BALANCE SHEET-ALL FUND TYPES
AND ACCOUNT GROUPS
JUNE 30,1993
PROPRIETARY FIDUCIARY ACCOUNTGROUPS
GOVERNMENTAL FUND TYPES FUND TYPES FUND TYPE General General TOTALS
Special e t apna ntTr Fixed Long-Term (Memorandum Only)
ASSETS AND OTHER DEBITS General Revenue Service Projects Enterprise Service Agency Assets Debt 1993 1992
Cash and investments(Note 3) $ 6,344,811 $19,838,118 $16,277,668 $70,926,275 $ 25,614 $2,844,181 $ 8,714,608 $ - $ _ $124,971,275 $136,901,350
_ 6,548,792 7,726,445
Cash and investments with trustee(Note 3) - 6,`.x48,792 - 6,890,428 - - 6,890,428 6,817,690
Restricted cash(Note 3) - "
Investment-lend held for resale(Nota 1) - - 10,924,968 - - - - 10,924,960 6,459,841
Receivables(not of uncollectibles): 1,232,651 1,358,436 318,119 824,229 34,469 68,059 - - 3,835,963 3,488,816
Due from other funds(Note 13) 8,031,007 840,989 378,027 242,384 177,522 49,016 - _ 9,718,945 9,746,903
Deposits(Note 5) 635,000 - 1,140,852 - 15,000 - 1,790,852 1,156,780
Advances to other funds(Notes 6 and 13) 9,844,872 2,548,324 - 6,846,000 - - 19,239,196 15,144,221
Fixed assets'net book value
(Notes 7 and 8) - - - - 285,615 _ 125,355,267 - 125,640,882 109,223,580
Amount available in debt service funds - - - 22,734,611 22,734,611 22,307,056
Amount to be provided for retirement of
- - - - - 113,077,821 113,077,021 109,107,765
general long-term debt -
Total Assets and Other Debits $25,453,341 $25,2211,867 $23,525,344 $90,904,708 $237,605 $3,144,796 $15,722,111 $125,355,267 $135,812,432 $445,376,471 $428,080,447
LIABILITIES.FUND EQUITY AND OTHER CREDITS
Liabilities: -
Accounts payable $ 417,142 $ 773,273 $ 18 $ 643,221 54,689 $ - $ 168,200 S S $ 2,062,192 $ 2,910,058
Accrued payroll payable 347,356 94,039 3221 19,604 - 9,536 _ 473,756 500,093
Accrued employee benefits(Note 11) 735,645 478,672 - - - - 1,134,076 2,348,395 2,086,607
Deposits 3,864 6,866,350 6,870,214 6,833,558
Due to other funds(Note 13) 2,177,961 4,680,004 295,318 2,048,024 158,986 - 358,652 _ _ 9,716,945 9,746,903
Due to other governments - 98,877 495,397 198,812 - 793,086 1,785,890
Deferred revenue(Notes 6 and 10) 3,325,154 864230 - - - - 4,189,384 3,564,588
Deferred compensation payable(Note 17) - - - - 2'582'260 _ 2'582260 2224,046
Obligation under capital leases(Note 11) - _ 49,944 79,505 129,449 303,178
Bond Indenture reserve requirement - - - 1,457,580 1,457,580 3,237,624
Payable to trustee - - 4'279'533 4,279,533 4,786,929
Advances from other funds(Notes 11 _ _ - - 19239,196 19,239,196 15,144,221
and 13) - - _ - 115,359,653 115,359,653 114,975,000
Bonds and notes payable(Note 11) - '
Total Liabilities 7,003,258 6,989,095 790,733 2,902,591 233,479 49,944 15,722,111 135,812,432 169,503,643 168,098,695
Fund Equity: - - 125,355,267 - 125,355,267 108,810,510
Investment in general fixed assets 177.522 _ _ - 177,522 -
Contributed capital
Retained earnings: _ _ _ - 3,094,852 2,592,566
_
Reserved(Note 14) - 3' - - (173,396)
Unreserved - - (173'396)
Fund balances: - - - 36,923,334 38,395,227
Reserved(Note 14) 7,592,563 8,359,356 - 20,971,415 -
Unreserved: - - - 103,732,585 99,954,328
Designated(Note 14) 10,857,520 4,214,432 22,734,611 65,926,022 _ 6,762,664 10,229,121
Undesignated 5,557,984 - 1'169'680
Total Fund Equity and Other Credits 18,450,083 18,231,772 22,734,611 88,002,117 4,126 3,094,852 125,355,267 275,872,828 259,981,752
Total Liabilities,Fund Equity and
Other Credits 525,453,341 $25,220,867 523,525,344 $90,904,708 $237,605 $3,144,796 $15,722,111 $125,355,267 $135,812,432 $445,376,471 $428,080,447
See Notes to Financial Statements
3
CITY OF RANCHO CUCAMONGA Exhlbit B
Page 1 of 2
COMBINED STATEMENT OF REVENUES,
EXPENDITURES AND CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30,1993
GOVERNMENTAL FUND TYPES TOTALS
Special Debt Capital (Memorandum Onlyl
General Revenue Service Projects 1993 1992
Revenues:
Taxes $ 11,973,111 $ 11,819,177 $ 19,674,552 $ 4,918,638 $ 48,385,478 $ 44,534,803
Licenses and permits 1,455,537 - - - 1,455,537 1,357,877
Fines and forlsh 328,664 62,466391,130 226,686
89
Use of money and property 1,033,732 779,530 540,435 4,545, 0 6,899,587 9,214,401
Intergovernmental 4,830,842 5,930,167 - 280,148 11,041,157 10,574,720
Charges for services 1,197,983 868,027 - - 2,066,010 2,292,045
Development fees - 2,016,608 - 2,016,608 3,604,792
Other 7,418,810 15,842 7,434,652 7,546,514
Total Revenues 28,238,679 21,491,817 20,214,987 9,744,676 79,690,159 79,351,838
Expenditures:
Current:
General government 5,484,379 1,115,818 2,260,304 4,084,009 12,944,510 10,973,782
Public safety 7,615,332 - - 7,615,332 7,401,199
Public safety-fire protection - 7,839,084 - 7,839,084 7,462,224
Engineering and public works 5,429,304 2,181,032 179,028 7,789,364 12,556,739
Community development 2,824,915 3,334,935 - - 6,159,850 6,903,264
Community services 951,671 750,599 1,702,270 2,322,517
Capital outlay - 3,169,604 - 21,019,187 24,188,791 22,177,981
Debt service:
Bond defeasance costs - - 649,235 - 649,235 -
Principal 115,130 24,275 5,223,685 - 5,363,090 12,330,694
Interest and fiscal charges 15,726 94,265 7,604,400 1,476,692 9,191,083 9,077,108
Total Expenditures 22,436,457 18,509,612 15,737,624 26,758,916 83,442,609 91,205,508
Excess of Revenues over
(under)Expenditures $ 5,802,222 $ 2,982,205 $ 4,477,363 $ (17,014,240) $ (3,752,450) $ (11,853,670)
See Notes to Financial Statement
4
m m m m m m rte■ m m m = man m m m m � s
CITY OF RANCHO CUCAMONGA Exhibit B
Page 2 of 2
COMBINED STATEMENT OF REVENUES,
EXPENDITURES AND CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30,1893 _
GOVERNMENTAL FUND TYPES TOTALS
Special Debt Capital (Memorandum Only)
General Revenue Service Projects 1993 1992
Other Financing Sources(Uses):
Operating transfers In $ 28,678 $ 3,166,608 $ 7,262,047 $ 14,890,071 $ 25,347,404 $ 43,526,168
Operating transfers out (142,029) (392,117) (8,329,001) (16,484,257) (25,347,404) (43,526,168)
Sale of fixed assets 1,001,280 167,500 - - 1,188,780 -
Bond proceeds - - - - 4,287,697
Bond defeasance costa - (3,053,257) - (3,053257) -
Costs of issuance - - - - (95,613)
Loan proceeds - - 566,280 8,742„402 9,308,682 12,703,549
Contribution to other funds - - - (45,025) (45,025) -
Mlscellaneous - (3,549,134) (1,257,689) (4,806,823) 31,505
Total Other Financing
Sources(Uses) 887,929 (91,266) (4,049,808) 5,845,502 2,592,357 16,927,138
Excess of Revenues and Other
Sources over(under) Expenditures
and Other Uses $ 6,690,151 $ 2,890,939 $ 427,555 $ (11,168,738) $ (1,160,093) $ 5,073,468
Fund Balances:
Beginning of Fiscal Year-as previously reported $ 11,759,932 $ 15,340,833 $ 22,307,056 $ 99,170,855 $ 148,578,676 $143,877,442
Restatements - - (372'234)
Beginning of Fiscal Year-as restated 11,759,932 15,340,833 22,307,056 99,170,855 148,578,676 143,505,208
Excess of Revenues and Other
Sources over(under)Expenditures
and Other Uses 6,690,151 2,890,939 427,555 (11,168,738) (1,160,093) 5,073,468
End of Flaeel Year(Exhibit A) $ 18,450,083 $ 18,231,772 $ 22,734,611 $ 88,002,117 $ 147,418,583 $148,578,676
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 30,1993
GENERAL FUND SPECIAL REVENUE FUNDS
Variance- Variance-
Favorable Favorable
Budget Artual _(Unfavorable) Budget Actual (Unfavorable)
Revenues:
Taxes $11,742,6W $ 11,973,111 $ 230,511 $ 10,834,015 $11,819,177 $ 985,162
Licenses and permits 1,357,250 1,455,537 98,287 - -
Finea and forfeits 229,950 328,664 98,714 7,666 62,466 54,800
Use of money and property 511,000 1,033,732 522,732 413,739 779,508 365,769
Intergovernmental 4,086,440 4,830,842 744,402 6,825,814 5,930,167 (895,647)
Charges for services 1,297,000 1,197,983 (99,017) 905,366 868,027 (37,339)
Development fees - - - 1,857,900 2,016,608 158,708
Other 5,678,920 7,418,810 1,739,890 10,000 15,842 5,842
Total Revenues 24,903,160 28,238,679 3,335,519 20,854,500 21,491,795 637,295
Expenditures:
Current:
General government 7,557,054 5,545,264 2,011,790 1,337,443 1,154,401 183,042
Public safety 7,974,302 7,615,640 358,662 - -
Engineering and public works 6,220,200 5,477,981 742,219 2,230,469 2,181,032 49,437
Community development 3,056,570 2,837,274 219,296 4,247,564 3,481,629 765,935
Community services 1,052,838 979,039 73,799 821,403 752,441 68,962
Public safety-fire protection - - - 8,233,770 7,839,084 394,686
Capital outlay - - - 6,670,298 3,650,646 3,019,652
Debt service:
Bond defeasance costs - - - -
Principal - 115,130 (115,130) - 24,275 (24,275
Interest and fiscal charges 15,726 (15,726) 75,OOD 94,265 (19,265)
Total Expenditures 25,860,964 22,586,054 3,274,910 23,615,947 19,177,773 4,438,174
Excess of Revenues over
(under)Expenditures $ (957,804) $ 5,652,625 $ 6,610,429 $ (2,761,447) $ 2,314,022 $ 5,075,469
See Notes to Financial Statements
6
.M �
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 30,1993 _
GENERAL FUND SPECIAL REVENUE FUNDS
Variance- Variance-
Favorable Favorable
Other Financing Sources(Uses): Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Operating transfers in $ - $ 28,678 $ 28,678 $ 787,000 $ 3,166,608 $ 2,379,608
Operating transfers out (142,029) (142,029) (392,117) (392,117) -
Sale of land - 1,001,280 1,001,280 - 187,500 187,500
Bond proceeds - "
Bond defeasance costa "
Cost of Issuance - - (3,053,257) (3,053,257)
Loan proceeds
Contributions to other funds - -
Miscellaneous -
Total Other Financing
Sources(Uses) 887,929 687,929 394,883 (91,266) (486,149)
Excess of Revenues and Other Sources
over(under) Expenditures and Other
Uses(Budgetary Basis) (957,804) 6,540,554 7,498,358 (2,366,564) 2,222,756 4,589,320
Adjustments:
To adjust for encumbrances(Note 1) 149,597 149,597 - 668,161 668,161
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses (GAAP Basis)-Budgetary
Classifications (957,804) 6,6,'90,151 7,647,955 (2,366,564) 2,890,917 5,257,481
Other Adjustments:
To record excess of Revenues and Other
Sources over(under) Expenditures and Other 22 22
Uses for nonbudgeted funds(Note 1) -
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses(GAAP Basis) $ (957,804) $ 6,690,151 $ 7,647,955 S (2,366,564) $ 2,890,939 $ 5,257,503
Fund Balances:
Beginning of Fiscal Year -as previously reported $11,759,932 $ 11,759,932 $ - $ 15,340,833 $15,340,833 $ -
Restatements(Note 15) -
Beginning of Fiscal Year-as restated 11,759,932 11,759,932 15,340,833 15,340,833 -
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses (GAAP Basis) (957,804) 6,690,151 7,647,955 (2,366,564) 2,890,939 5,257,503
End of Fiscal Year $10,802,128 $ 18,450,083 $ 7,647,955 $ 12,974,269 Li 8,231,772 $ 5,257,503
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 30,1993
DEBT SERVICE FUNDS CAPITAL PROJECTS FUNDS
Variance- Variance-
Favorable Favorable
Budget Actual (Unfavorable) Budget Actual _(Unfavorable)
Revenues:
Taxes $ 19,316,930 19,674,552 $ 357,622 S 4,793,136 $ 4,918,638 $ 125,502
Licenses and permits _ _ _ _
Fines and forleits
Use of money and property 1,460,137 540,435 (919,702) 85,000 4,595,890 4,460,890
Intergovernmental - - - - 280,148 280,148
Charges for services -
Development fees
Other
Total Revenues 20,777,067 20,214,987 (562,080) 4,876,136 9,744,676 4,866,540
Expenditures:
Current:
General government 3,685,239 2,260,304 1,424,935 5,288,961 4,386,015 902,946
Public safety _ _ _
Engineering and public works - - - 4,013,211 179,028 3,834,183
Community development - - _ _ _
Community services - - -
Public safety-fire protection - _ _ _
Capital outlay - - 27,222,895 23,285,478 3,937,417
Debt service:
Bond deleasance costs - 649,235 (649,235) - -
Principal 7,896,025 5,223,685 2,672,340 8,615,773 - 8,615,773
Interest and fiscal charges 9,221,203 7,604,400 1,616,803 135,000 1,476,692 (1,341,692)
Total Expenditures 20,802,467 15,737,624 5,064,843 45,275,840 29,327,213 15,948,627
Excess of Revenues over
(under)Expenditures $ (25,400) $ 4,477,363 $ 4,502,763 $ (40,397,704) S (19,582,537) $ 20,815,167
See Notes to Financial Statements
8
= r M M r �r �r r r■ it ■r
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 30,1993
DEBT SERVICE FUNDS CAPITAL PROJECTS FUNDS
Variance- variance-
Favorable Favorable
Other Financing Sources(Uses): Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Operating transfers in $ 7,846,895 $ 7,262,047 $ (586,848) $ $ 14,890,071 $ 14,890,071
Operating transfers out (8,781,911) (8,329,001) 452,910 (13,813,141) (16,484,257) (2,671,116)
Sale of land
Bond proceeds
Bond defeasance costs -
Cost of Issuance -
Loan proceeds - 566,280 566,280 5,699,841 8,742,402 3,042,561
Contributions to other funds - - (45,025) (45,025)
Miscellaneous (2,893,605) (3,549,134) (655529) 9,484,338 (1,257,689) (10,742,027)
Total Other Financing
Sources(Uses) (3,626,621) (4,049,608) (223,187) 1,371,038 5,845,502 4,474,464
Excess of Revenues and Other Sources
over(under) Expenditures and Other
Uses(Budgetary Basis) (3,852,021) 427,555 4,279,576 (39,026,666) (13,737,035) 25,289,631
Adjustments:
To adjust for encumbrances(Note 1) 2'568'297 2'568297
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses (GAAP Basis)•Budgetary
Classifications (3852,021) 427,555 4,279,576 (39,026,666) (11,168,738) 27,857,928
Clae
Other Adjustments:
To record excess of Revenues and Other
Sources over(under) Expenditures and Other _
Uses for nonbudgeted funds(Note 1)
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses(GAAP Basis) $ (3,852,021) $ 427,555 $ 4,279,576 $ (39,026,666) $ (11,168,738) $ 27,857,928
Fund Salano": $ 22,307,858 $ 22,387,056 $ - $ 99,170,855 $ 99,170,855 $ -
Beginning of Fiscal Year -as previously reported
Restatements(Note 15) "
Beginning of Fiscal Year-as restated 22,307,056 22,307,056 - 99,170,855 99,170,855 -
Excess of Revenues and Other Sources
over(under) Expenditures and Other
uses (GAAP Basis) (3,852,021) 427,555 4,279,576 (39,026,666) (11,168,738) 27,857,926
End of Fiscal Year $ -16,455,035 $ 22,734,611 $ 4,279,576 $ 60,144,189 $ 88,002,117 $ 27,857,928
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 30,1993
TOTALS(MEMORANDUM ONLY)
1993 1992
Varlance-
Favorable
Budget Actual (Unfavorable) Actual
Revenues:
Taxes $ 46,686,681 S 48,385,478 $ 1,698,797 $ 44,534,803
Licenses and permits 1,357,250 1,455,537 98,287 1,357,877
Fines and forfeits 237,616 391,130 153,514 226,686
Use of money and property 2,469,876 6,899,565 4,429,689 9,213,341
Intergovernmental 10,912,254 11,041,157 128,903 10,574,720
Charges for services 2,202,366 2,066,010 (136,356) 2,292,045
Development fees 1,857,900 2,C16,608 158,708 2,828,104
Other 5,688,920 7,434,652 1,745,732 7,546,514
Total Revenues 71,412,863 79,690,137 8,277,274 78,574,090
Expenditures:
Current:
General government 17,668,697 13,315,984 4,522,713 11,453,152
Public safety 7,974,302 7,815,640 358,662 7,401,964
Engineering and public works 12,463,880 7,838,041 4,625,839 13,283,361
Community development 7,304,134 6,318,903 985,231 6,963,716
Community services 1,874,241 1,731,480 142,761 2,325,898
Public safety-fire protection 8,233,770 7,839,084 394,686 7,462,224
Capital outlay 33,893,193 26,936,124 6,957,069 38,116,259
Debt service:
Bond defeasance costs 649,235 (649,235) -
Principal 16,511,798 5,363,090 11,148,708 12,330,694
Interest and fiscal charges 9,431,203 9,191,083 240,120 9,077,108
Total Expenditures 115,555,218 86,828,664 28,726,554 108,414,376
Excess of Revenues over
(under)Expenditures $(44,142,355) $ (7,138,527) $ 3710031828 $ (29,840,286)
See Notes to Financial Statements
10
■r � r r r� r �r r rs �r ri rr r r r � r r r
CRY 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 30,1993
TOTALS(MEMORANDUM ONLY)
1993 1992
Variance- Variance-
Favorable Favorable
Other Financing Sources(Utes): Budget Ac'ual (Unfavorable) (Unfavorable)
Operating transfers in $ 8,635,695 $ 25,347,404 $ 16,711,509 $ 43,526,168
Operating transfers out (22,987,169) (25,347,404) (2,360,235) (43,526,168)
Sale of land 1,188,780 1,188,780 4,287,697
Bond proceeds - - - -
Bond defemance costs - - - -
Cost of Issuance - (3,053,257) (3,053,257) (95,613)
Loan proceeds 5,699,841 9,308,682 3,608,841 12,703,549
Contributions to other funds 3 (4,8(45,025) (45,025) -
Miscellaneous 6,590,7306,823) (11,397,556) 31,505
Total Other Financing
Sources(Uses) (2,060,700) 2,592,357 4,653,057 16,927,138
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) (46,203,055) (4,546,170) 41,656,885 (12,913,148)
Adjustments:
To adjust for encumbrances(Note 1) 3,386,055 3,386,055 17,208,868
Excess of Revenues and Other Sources
over(under) Expenditures and Other
Uses (GAAP Basis)-Budgetary
Classifications (46,203,055) (1,160,115) 45,042,940 4,295,720
Other Adjustments:
To record excess of Revenues and Other
Sources over(under)Expenditures and Other
Uses for nonbudgeted funds(Note 1) 22 22 777,748
Excess of Revenues and 011ier Sources
over (under) Expenditures and Other
Uses(GAAP Basis) 1_(4 6,203,055) $ (1,160,093) $ 45,042,962 $ 5,073,468
Fund Balances:
Beginning of Fiscal Year -as previously reported $148,578,676 $148,578,676 $ - $143,877,442
Restatements(Note 15) (372,234)
Beginning of Fiscal Year-as restated 148,578,676 148,578,676 - 143,505,208
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses (GAAP Basis) (46,203,055) (1,160,093) 45,042,962 5,073,468
End of Fiscal Year 1102,375,621 $147,418,583 $ 45,042,962 $148,578,676
See Notes to Financial Statements
71
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, 1993
TOTALS
Enterprise Internal Service Year ended June 30,
Operating Revenues: Sports Complex Vehicle Replacement 1 9 9 3 1992
Charges for services $ 49,868 $ 495,960 $ 545,828 $ 507,560
Rents 29,094 29,094 ..
Taxes 61,496 61,496
Total Operating Revenues 140,458 495,960 636,418 507,560
Operating Expenses:
Salaries and benefits 167,545 167,545 -
Administrative costs 1,512 - 1,512 -
Mcintenance and operations 120,288 - 120,288 -
Contrectual services 28,635 28,635 -
Vehlele and equipment maintenance 5,297 5,297 3,977
Depreciation 127,455 127,455 163,401
Total Operating Expenses 317,980 132,752 450,732 167,378
Operating Income(Lose) (177,522) 363,208 185,686 340,182
Nonoperating Revenues:
Interest Income - 139,078 139,078 121,070
Gain(loss)on sale of fixed assets - - 1,092
Miscellaneous 4,126 4,126 3,162
Total Nonoperating Revenues 4,126 139,078 143,204 125,324
Net Income $ (173,396) $ 502,286 $ 328,890 $ 465,506
Retained Earnings:
Beginning of Fiscal Year-as previously reported $ - $2,592,566 $ 2,592,566 $ 2,130,502
Restatement (3,442)
Beginning of Fiscal Year-as restated - 2,592,566 2,592,566 2,127,060
Net Income (173,396) 502,286 328,890 465,506
End of Fiscal Year(Exhibit A) $ (173,396) $3,094,852 $ 2,921,456 $ 2,592,566
See Notes to Financial Statements
12
r �r �r r� r r � r ■� r r r � r ■� r r r r
CITY OF RANCHO CUCAMONGA Exhibit E
STATEMENT OF CASH FLOWS
PROPRIETARY FUND TYPE
ENTERPRISE AND INTERNAL SERVICE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1993
TOTALS
Enterprise Internal Service Year ended June 30,
Sports Complex Vehicle Replacement 1993 1 9 9 2
Cash Flows from Operating Activities:
Operating Income(Exhibit D) $ (177,522) $ 363,208 $ 185,686 $ 340,182
Adjustment to reconcile Operating Income to Net Cash:
Depreciation(Exhibit D) - 127,455 127,455 163,401
Miscellaneous Income 4,126 - 4,126 3,162
Restatement of fund balance - - - (3,442)
Changes in Assets and Uabll@les:
(Increase)decrease In accounts receivable (34,469) - (34,469) -
(Increase)decrease in due from other funds (177,522) - (177,522) -
Increase(decrease)in accounts payable 54,889 - 54,889 (72,398)
Increase(decrease)In accrued payroll payable 19,604 - 19,604 (5,620)
Increase(decrease)in due to other funds 158,986 158,986
Total Adjustments 25,614 127,455 153,069 85,103
Net Cash Provided(Used)by Operating Activities (151,908) 490,663 338,755 425,285
Cash Flows from Capital and Related Financing Activities:
Contributions from other funds 177,522 - 177,522 -
Princlpal payments on capital leases - (22,202) (22,202) (20,539)
Acquisition of fixed assets (3,162)
Sale of fbxed assets 1,092
Net Cash Provided(Used)by Capital and
Related Financing Activities 177,522 (22,202) 155,320 (22,609)
Cash Flows from Investing Activities:
Interest on Investments 139,078 139,078 121,070
Net Cash Provided(Used)by Investing Activities - 139,078 139,078 121,070
Net Increase(Decrease)in Cash and Investments 25,614 607,539 633,153 523,746
Cash and Investments at Beginning of Year 2,236,642 2,236,642 1,712,896
Cash and Investments at End of Year(Exhibit A) $ 25,614 $ 2,844,181 $ 2,869,795 $ 2,236,642
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, 1993
I. SIGNIFICANT ACCOUNTING POLICIES
Note 1: Organization and Summary of Significant Accounting Policies
a. Description of the Reporting Entity
The City of Rancho Cucamonga is a reporting entity which consists of the following oversight and component units:
Reporting Entity:
Oversight Unit:
City of Rancho Cucamonga
Component Units:
Rancho Cucamonga Redevelopment Agency
Rancho Cucamonga Public Improvement Corporation
Rancho Cucamonga Fire Protection District
Oversight responsibility Is determined by such criteria as financial interdependency, selection of governing authority and designation
of management, budget control, and the ability to significantly influence operations.
The accompanying general purpose financial statements contain Information for the total reporting entity.
The City of Rancho Cucamonga (an oversight unit) 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. 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 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. The Rancho Cucamonga Fire Protection District (formerly, Foothill Fire
Protection District) was an Independent (self-govemed) special district formed pursuant to the State of California Health and Safety
14
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
Code commencing with Section 13800, for the purpose of providing fire protection services. Effective July 1, 1989, the District was
reorganized to a subsidiary district of the City of Rancho Cucamonga. The District continues to operate as a special district under
the same Health and Safety Code provisions. As a subsidiary district, the City Council of the City of Rancho Cucamonga now serves
as the District's governing Board of Directors.
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 sell-balancing set of accounts recording cash and other financial resources, together with all related
liabilities and residual equities or balances, and changes therein, which are segregated for the purpose of carrying on specific
activities or attaining certain objectives in accordance with special regulations, restrictions, or limitations.
Types of Funds
Governmental Fund Types
The 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-
tens 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
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.
15
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
Fiduciary Fund Types
Agency Funds - to account for assets held by the City as trustee or agent for individuals, private organizations, or other
governmental units, and/or other funds.
Account Grou
Fixed Assets and Long-Tenn 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-Tenn
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.
16
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
Proprietary fund type operating statements present increases (revenues) and decreases (expenses) In net total assets.
Depreciation of all exhaustible fixed assets used by Proprietary Funds is charged as an expense against their operations.
Proprietary fund fixed assets are reported net of accumulated depreciation on their balance sheets. Depreciation has been
provided over the estimated useful lives using the straight line method for all classes of fixed assets. The estimated useful
lives are as follows:
Automotive Equipment 5 years
Other Equipment 5-10 years
Long-term liabilities expected to be financed from governmental funds are accounted for in the General Long-Term Debt
Account Group, not in the governmental funds. Noncurrent portions of long-term receivables due to governmental funds
are reported on their balance sheets, in spite of their spending measurement focus. Special reporting treatments are used
to Indicate, however, that they should not be considered 'available spendable resources', since they do not represent net
current assets. Recognition of governmental fund type revenues represented by noncurrent receivables is deferred until
they become current receivables. Noncurrent portions of long-term loans receivable are offset by fund balance reserve
accounts.
Special reporting treatments are also applied to'govemmental fund inventories (H 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 Tenn 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.
17
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organlzatlon and Summary of Significant Accounting Policies (Continued)
Public Safety - Fire Protection Includes activities of the fire protection district Involved in the protection of people and property from
fire.
Engineering and Public Works Includes all maintenance, engineering and capital improvements which relate to streets, sewers,
parks, flood control and other public facilities.
Community Development includes those activities which involve planning and redevelopment as well as building and safety.
Community Services includes those activities which Involve the providing of recreational, cultural and educational services.
d. Basis of Accounting
Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts and reported in the
financial statements. Specifically, it relates to the timing of the measurements made regardless of the nature of the measurement.
All governmental funds and Agency funds are accounted for using the modified accrual basis of accounting. Their revenues are
recognized when they become measurable and available as net current assets. Revenues considered susceptible to accrual in those
funds wherein revenue is recognized on a modified accrual basis is as follows: property and sales taxes, revenue from the use of
money and property, interfund transfers, unbilled service receivables and intergovemmental 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 covers the fiscal
period July 1st to June 30th. All secured personal property taxes and one-half of the taxes on real property are due November 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, 9 unpaid, on August 31st.
Grants, entitlements, or shared revenues recorded in governmental funds are recognized as revenue in the accounting period when
they become susceptible to accrual, i.e., both measurable and available (modified accrual basis). Grants received before the revenue
18
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. There were no significant
non-budgeted financial activities during the year. Actual expenditures may not exceed appropriations at the departmental level.
However, the City Manager is authorized to transfer budgeted amounts between funds. 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.
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:
19
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
Excess of Revenues and
Other Sources over
(under) Expenditures
and Other Uses
Special Revenue Fund Type:
800 MHZ Radio $ 22
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.
Investments
Investments are stated at cost. At June 30, 1993, the City held land for resale. This is also recorded at cost and since the City
expects to sell this land at similar value, no decline in value of land held has been recognized.
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, 1993, there are no materia± long-term judgments against the City and no liability is reported in the
General Long-Term Debt Account Group. At June 30, 1993 several claims have been made against the City. These arose
in the normal course of business and in the City's opinion are without merit. The majority of the amounts sought would be
covered by the City's insurance. A full explanation of these matters can be obtained from the City attorney. In addition, the
City has determined that at June 30, 1993, there are no material incurred but unreported claims against the City.
20
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
Compensated Absences
The City utilizes the General Fund and Special Revenue - Fire District Fund to account for its compensated absences. The
short-term portion is determined to be the amount due to employees for future absences which is attributable to services
already rendered and which is expected to be paid during the next fiscal year. The total amount of liability for compensated
absences is segregated between short-term and long-term as indicated above and are accordingly reflected in the General
Fund, Fire District Special Revenue Fund and 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.
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.
21
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
If. STEWARDSHIP
Note 2: Stewardship, Compliance and Accountability
a. The following funds contained deficit fund balances as of June 30:
Special Revenue Funds:
Beautification $ (928,384)
b. Excess of expenditures over appropriations in Individual funds at the departmental level are as follows:
Expenditures Appropriations Excess
General Fund:
Principal $ 115,130 $ $ 115,130
Interest and fiscal charges 15,726 - 15,726
Special Revenue Funds:
Gas Tax
Engineering and public works 1,152,700 1,152,317 383
Principal 24,275 - 24,275
Interest and fiscal charges 2,324 2,324
Drainage Facilities
Capital outlay 39,287 - 39,287
Fire District
Interest and fiscal charges 91,941 75,000 16,941
Debt Service Funds:
Central Park Acquisition
Bond defeasance costs 649,235 - 649,235
Public Improvement Corporation
Interest and fiscal charges 147,238 146,485 753
Capital Projects Funds:
Redevelopment Agency
Interest and fiscal charges 1,476,692 135,000 1,341,692
22
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 3: Cash and Investments
Cash and Investments at June 30 consisted of the following:
Cash on hand $ 1,280
Pooled Cash and Deposits 65,024,115
Pooled Investments 32,984,750
Investment in County of San Bernardino Investment Pool 20,071
Investment in State Treasury's Investment Pool 31,249,228
Investment with Fiscal Agent/Trustee 6,548,791
Deferred Compensation 2.582.260
Total Cash and Investments $ 138,410,495
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.
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 entirety 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 fiscal agent 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 speck 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.
23
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, 1993 is $2,582,260. A portion of the plan assets is held in savings accounts and is
classified in the same manner as bank deposits. See Note 17 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 classed 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 $ 301,480 $ 11,950,938 $ - $ 12,252,418 $ 10,713,396
Certificates of Deposit 600,000 53,711,999 - 54,311,999 54,311,999
Cash with Trustee 63 63 63
Totals $ 901,543 $ 65.662,937 $ $ 66,564,480 $ 65,025,458
Pooled Investments
Authorized Investments
Under provisions of the City's Investment Policy, and in accordance with Section 53601 of the California Government Code, the
City may invest in the following types of Investments:
Securities of the U.S. Government, or its agencies
Small Business Administration Loans
Certificates of Deposit
Bankers Acceptance
Commercial Paper
Local Agency Investment Fund (State PooQ Deposits
24
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 3: Cash and Investments (Continued)
Passbook Savings Account Demand Deposits
Repurchase Agreements
Credit Risk, Carrying Amount and Market Value of Investments
Investments of the City are summarized below. The Investments that are represented by speck 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
1 2 3 Amount Value
City Investments:
U.S. Govemment Securities $ - $ 14,793,553 $ $ 14,793,553 $ 15,130,092
Money Market Investments 17,984,447 17,984,447 17,984,447
Cafrfomia Municipal Bonds _ 206,750 _ 206.750 206,714
Total City Investments $ _ $ 32.984,750 $ _ $ 32.984.750 $ 33,321,253
Investment in State Treasury's Investment Pool
Investment In State Treasury's and County of San Bernardino Investment Pool 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.
Investment in State Treasury's Investment Pool $ 31,249,228
Investment in County of San Bernardino's Investment Pool $ 20,071
Investment with Trustee
Some amounts Invested with trustees 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.
25
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 3: Cash and Investments (Continued)
Investments with Trustees $ 6,548.728
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.
Deferred Compensation $ 2,582,260
Note 4: 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
Federal Aid Urban $ 144,130
Community Development Block Grant 48,968
Park Bond Acts 572,649
FETSIM 22,093
State Department of Transportation 1.229.681
Total $2.017.521
Note 5: Deposits
The City has made a condemnation deposit of $635,000 with the San Bernardino Superior Court in connection with the Northeast
Community Park Project. The deposit is reported in the Park Development Fund, a Special Revenue Fund.
Note 5: 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$9,484,605 as of June 30, 1993 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 $3,008,592 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.
26
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:
Balance Balance
June 30, 1992 Additions Deletions June 30, 1993
Purchased/Contributed Assets:
Land $ 42,093,493 $ 1,691,872 $ 315,109 $ 43,470,256
Building improvements 36,580,786 8,486,030 - 45,066,816.
Improvements other than buildings 55,711 - - 55,711
Equipment and vehicles 9,627,411 457,528 234,236 9,850,703
Furniture and fixtures 3,035,664 71,506 3,107,170
Construction-in-progress 17,417,445 14,426,948 8,039,782 23,804,611
Total $ 108,810,510 $ 25,133,884 $ 8,589,127 $ 125,355,267
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
Internal Service:
Purchased assets:
Automotive equipment 5 years $ 831,904 $ 673,423 $ 158,481
Other equipment 5-10 years 61,032 37,173 23,859
Assets acquired through capital
leases - equipment 5-10 years 294,745 191,470 103.275
Total $ 1,187,681 $ 902,066 $ 285,615
27
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 9: Pension Plan Obligations
City of Rancho Cucamonga (Separate from Fire District)
a. Plan Description
The City 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. The City's total payroll was $10,706,554 of which $9,873,742 was the payroll for employees covered by the system for
the year ended June 30, 1993.
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 1.092 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 and City ordinance.
'Final Compensation' 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 contributes 7% of their salaries to the system on behalf of member employees. The City also contributes 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.
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 users 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, 1992, but reflects all plan
amendments adopted through June 30, 1993. Significant actuarial assumptions used in the valuation include (1) a rate of return
28
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 8: Pension Plan Obligations (Continued)
on the Investment of present and future assets of 8.75% a year compounded annually, (2) projected salary increases of 4.5% a
year compounded annually, attributable to Inflation, (3) additional projected salary increases of 2.5% a year, attributable to
seniority/merit, and (4) no postretirement benefit increases.
The total assets in excess of pension benefit obligation applicable to the employees was $1,258,720 at June 30, 1992 as follows:
Pension Benefit Obligation:
Retirees and beneficiaries currently receiving benefits
and terminated employees not yet receiving benefits $ 970,196
Current employees:
Accumulated employee contributions
Including allocated Investment earnings 4,713,578
Employer-financed vested 3,453,731
Employer-financed nonvested 706,712
Total Pension Benefit Obligation $ 9.844,217
Net assets available for benefits at cost
(Market Value = $12,524,113) 11.102,937
Assets In Excess of Pension Benefit Obligation $ 1,258,720
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 9 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
29
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 9: Pension Plan Obligation (Continued)
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 contribution to the system for the year ended June 30, 1993 of $1,397,116 was made in accordance with actuarially determined
requirements computed through an actuarial valuation performed as of June 30, 1992. The contribution consisted of $1,397,116
normal cost (13.96% of current covered payroll).
During the year, the City contributed $691,163 (7% of current covered payroll) on behalf of member employees.
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.
Six-year trend Information for the City of Rancho Cucamonga follows:
1986-87 1987-88 1988-89 1989-90 1990-91 1991-92
Net assets available for benefits $ 3,629,308 $ 4,289,840 $ 5,213,200 $ 7,056,201 $ 8,838,496 $ 11,102,937
Pension benefit obligation $ 2,636,057 $ 3,455,000 $ 4,609,897 $ 6,387,889 $ 8,160,228 $ 9,844,217
Net assets available for benefits
expressed as a percentage of
the pension benefit obligation 137.7 % 124.2 % 113.1 % 110.5 % 108.3 % 112.8 %
Assets in excess of pension
benefit obligation $ 993,251 $ 834,840 $ 603,303 $ 668,312 $ 897,982 $ 1,258,720
Annual covered payroll $ 3,892,067 $ 5,318,015 $ 7,037,782 $ 8,515,379 $ 10,546,252 $ 10,507,814
30
M M M M M M M M M w M M = M M M M M M
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 9: Pension Plan Obligation (Continued)
1986-87 1987-88 1988-89 1989-90 1990-91 1991-92
Assets In excess of pension
benefit obligation, expressed
as a percentage of annual
covered payroll 25.5 % 15.7 % 8.6 % 7.8 % 8.5 % 12.0 %
Employer contributions. These
contributions were made in
accordance with actuarially
determined requirements $ 308,950 $ 349,447 $ 476,976 $ 596,077 $ 728,532 $ 811,828
Annual covered payroll $ 3,892,067 $ 5,318,015 $ 7,037,782 $ 8,515,379 $ 10,546,252 $ 10,507,814
Employer contributions
expressed as a percentage
of annual covered payroll 7.9 %
6.6 % 6.8 % 7.0 % 6.9 % 7.7 %
For the fiscal year 1992-93, the net assets available for benefits expressed as a percentage of the pension benefit obligation and
the unfunded (assets in excess 0 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.
Rancho Cucamonga Fire Protection District
If. Plan Description
The District contributed 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. The total covered payroll for employees participating in the system for the year ended June 30, was $5,138,918.
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 and have five 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 fifty to 2.7 percent at age sixty (for each year of credited service) of their final
compensation. For non-safety employees the benefits are payable monthly for rife, in an amount that varies from 1.092 percent
at age Tilly to 2.418 percent at age sixty-three (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.
31
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 9: Pension Plan Obligation (Continued)
'Final Compensation' 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 lf the entity's contract with PERS provides for one year final compensation.
g. Employee and Employer Contribution Obligations
The District makes the contributions required of District 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 %
Local safety members with benefits
under Article 21252.6 7 %
The District Is 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.
It. 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, 1992. Significant actuarial
assumptions used in the valuation include (a) a rate of return on the Investment of present and future assets of 8.5 percent a year
32
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 9: Pension Plan Obligation (Continued)
compounded annually, (b) projected salary Increases of 5 percent a year compounded annually, attributable to inflation, (c)
additional projected salary Increases of 2 percent a year, 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, 1992, but reflects all plan
amendments adopted through June 30, 1993.
The total Overfund Pension Benefit Obligation applicable to the employees was $46,673 at June 30, 1992 as follows:
Pension Benefit Obligation:
Retirees and beneficiaries currently
receiving benefits and terminated employees
not yet receiving benefits $ 1.412,517
Current employees:
Accumulated employee contributions
Including allocated Investment
earnings 3,229,783
Employer-financed vested 5,486,995
Employer-financed non-vested 256.387
Total Pension Benefit Obligation $10,385,682
Net assets available for benefits at cost
(Market Value = $11,767,696) 10.432.355
Unfunded Pension Benefit Obligation $ (46.6
I. Contributions Required and Contribution 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 the 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
33
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 9: Pension Plan Obligation (Continued)
the employer's 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 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.
J. Trend Information
Trend Information gives an indication of the progress made in accumulating sufficient assets to pay benefits when due. System-
wide ten-year trend information may be found in the California Public Employees Retirement System Annual Report.
The six-year trend Information for the Rancho Cucamonga Fire Protection District follows:
1986-87 1987-88 1988-89 1989-90 1990-91 1991-92
Net assets available for benefits expressed as a
percentage of the pension benefit obligation 106.7 % 103.6 % 102.1 % 100.5 % 94.1 % 100.4 %
Overfunded (Underfunded) pension benefit
obligation, expressed as a percentage of
annual covered payroll 15.3 % 8.5 % 5.2 % 1.3 % (15.0) % (0.9) %
Note 10: Deferred Revenue
Deferred revenue as of June 30, 1993 consists of the following:
General Fund - Interest accrued on advances to Rancho Cucamonga
Redevelopment Agency which is measurable but not available (See Note 6) $ 3,008,592
General Fund - Increase in value of Treasury Investment Growth
Receipt for which cash has not been received 279,062
General Fund - fees collected In advance 37.500 $ 3,325,154
34
M = 1111101 ! = = � M IMI r IMI 1• r i7 NI MI
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 10: Deferred Revenue (Continued)
Special Revenue Funds - development fees collected in advance from various
developers for future improvement projects. They are reported as follows:
Beautification $ 54,812
Systems Development 806,429
Drainage Facilities 2.989 $ 864.230
Total $ 4,189,384
Note 11: Long-Term Debt
a. A description of Individual components of long-term debt outstanding as of June 30, 1993 follows:
Certificates of Participation:
1. $6,390,000 Certificates of Participation, Cafrfomla Cities Financing Corporation, 1988 Series B - On October 4, 1988, the Calitomla
Cities Financing Corporation Issued $6,390,000 in Certificates of Participation with an average interest rate of 6.56% to assist the
City In tax-exempt financing for its Central Park project. The City applied the net proceeds of the Certificates to the repayment
Of an outstanding note with Lewis Construction Co., Inc. 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
March 15, 1989 and continue through September 15, 1994.
2. $2,875,000 Certificates of Participation, Rancho Cucamonga Public Improvement Corporation - On December 29, 1988, the Rancho
Cucamonga Public Improvement Corporation issued $2,875,000 in Certificates of Participation with an average interest rate of 7.03%
to render financial assistance to the City by financing, acquiring, constructing, Improving and leasing public improvements for its
Northeast Community Park Project. With the proceeds of the Certificates, the City 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.
35
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long-Term Debt (Continued)
Tax Allocation Bonds:
1. Rancho Cucamonga Redevelopment Agency, Rancho Redevelopment Project, 1990 Tax Allocation Bonds, $107,780,000 - These
bonds are dated March 1, 1990 and were Issued to provide for the advance refunding of $31,215,000 Rancho Cucamonga
Redevelopment Agency, Rancho Redevelopment Project Tax Allocation Bonds, 1986 Series A, advance refunding of $9,100,000
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 semiannually 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 Maturity
Date Principal Interest 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
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.
The Revenues, except as provided below, are pledged in their entirety to the payment of principal of, and interest on and
redemption premium, 9 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
36
w■ w r �■ ■� � w +� �w r w i w w w w w a� w
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long-Term Debt (Continued)
into cooperative agreements with taxing agencies affected by the Redevelopment Project. Such agreements have been entered
Into with @ the Chino Basin Municipal Water District, fl 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, Qv) 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.
Notes Payable
1. 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.
2. In December of 1990 the Rancho Cucamonga Redevelopment Agency entered into a Disposition and Development Agreement with
The Price Company (Developer). In accordance with this agreement the Agency executed a 23 year note in the amount of
$3,756,615. The note was Issued to provide financing of certain redevelopment activities which included the acquisition of
approximately 13 acres of land. The note bears interest of 9% per annum. The Agency shall pay the Developer quarterly
payments amounting to 50% of taxes derived from the imposition of the Bradley Burns Uniform Local Sales and Use Tax Law
commencing with Section 7200 of the revenue and Taxation Code of the State of California, as amended, arising from all
businesses and activities conducted on the Price Parcel. In the event that the debt service payments are insufficient to fully
discharge the principal and interest on this note with the 23 note years, then, in such event, the unpaid balance of principal and
accrued Interest, If any, shall be deemed forgiven. As of June 30 the principal and accrued unpaid interest amounted to
$4,139,653.
37
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long-Term Debt (Continued)
Advances from Redevelopment Aaencv:
1. 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 offs(te 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.
2. During fiscal year 1990-91 the Redevelopment Agency loaned $2,456,000 to the City. This loan is non-interest bearing and the
repayment date Is not stated.
Capital Lease Obllaatlon:
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, 1993.
Internal Long-Term Debt
Fiscal Year Service Fund Account Group
1993-94 $ 27,499 $ 59,628
1994-95 27,497 27,499
Total Minimum Lease Payments $ 54,996 $ 87,127
Less: Amount Representing Interest 5,052 7,622
Present Value of Net Minimum Lease Payments $ 49.944 $ 79.505
b. Defeasance of Bonds
On August 26, 1992 the City of Rancho Cucamonga placed $3,053,258, along with the City's $649,111 which remained in the trustee's
reserve fund, Into an irrevocable trust with an escrow agent to defease the 1988 Series B, California Cities Financing Corporation,
$6,390,000 Certificates of Participation. The outstanding balance of the certificates was $3,500,000 prior to defeasance. These monies
were used to purchase U.S. Government securities in an amount sufficient to provide for all future debt service payments on the 1988
38
s
�■■ r 1=111 r dam W W iiiiW an M �■
MMr� r■rr >• t■r i■ r� tie. r
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long-Term Debt (Continued)
certificates. As a result, the certificates are considered to be defeased and the liability for those certificates has been removed from
the General Long-Term Debt Account Group.
The City advance refunded the 1988 certificates to reduce its total debt service payments over the next three years by $3,864,159
and to obtain an economic gain (difference between the present values of the debt service payments on the old and new debt) of
$11,200 was Incurred.
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
Certificates of Participation - Fire Facility 9.400,000
Total Defeased $ 57,120,000
c. The following Is a schedule of changes in long-term debt of the City for the fiscal year ended June 30, 1993:
Outstanding Outstanding
JuIV 1. 1992 Additions Repayments June 30. 1993
Certificates of Participation:
Central Park Acquisition $ 3,500,000 $ $ 3,500,000 $
Public Improvement Corporation 2,195.000 255,000 1,940,000
Total Certificates of Participation $ 5,695,000 $ $ 3,755,000 $ 1,940,000
Bonds:
Tax Allocation Bonds - 1990 Issue $ 107,780,000 $ $ $107,780,000
Notes Payable $ 5,394,632 $ 338,096 $ 93,075 $ 5,639,653
39
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long-Term Debt (Continued)
Outstanding Outstanding
July 1. 1992 Additions Repayments June 30, 1993
Advances from Other Funds (loans between entities):
City of Rancho Cucamonga $ 6,746,000 $ - $ - $ 6,746,000
Rancho Cucamonga Redevelopment Agency 8.398,220 8,970,586 4,875.610 12,493.196
Total Advances to Other Funds $ 15.144,220 $8,970,586 $ 4,875,610 $ 19,239,196
Obligation Under Capital Leases $ 231.032 $ $ 151.527 $ 79,505
Accrued Employee Benefits $ 1.064,568 $ 69.510 $ $ 1.134,078
Total Long-Term Debt Account Group $ 135.309,452 $9,378,192 $ 8,875,212 $ 135.812,432
d. The following schedule illustrates the debt service requirements to maturity for bonds, notes and advances outstanding as of June
30, 1993:
Fiscal Year Bonds Notes Advances Total
1993-94 $ 7,855,668 $ 321,150 $ 20,738,380 $ 28,915,198
199495 9,654,905 321,150 - 9,976,055
1995-96 9,646,557 321,150 9,967,707
1996-97 9,642,161 321,150 9,963,311
1997-98 9,635,531 1,753,650 11,389,181
Later years 200,428,730 5,255,315 205.684,045
Total Debt Service $ 246,863,552 $ 8,293,565 $ 20,738,380 $ 275,895,497
Total Interest 137,143,552 2,653,912 1,499,184 141,296,648
Total Principal $ 109.720,000 $ 5,639,653 $ 19,239,196 $ 134,598,849
Loans outstanding do not have fixed amortizations. As funds will be repaid when available, amounts above represent the loan balance
and one year's additional interest (where applicable).
40
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 12: Other Special Obligations
The following Issues of Residential Mortgage Revenue Bonds, Certificates of Participation and Special Assessment Bonds are not reflected
In the Long-Term Debt Account Group because these are special obligations payable solely from and secured by specific revenue sources
described in the resolutions and official statements of the respective issues. Neither the faith and credit nor the taxing power of the City,
the Redevelopment Agency, the State of California or any political subdivision thereof, is pledged for the payment of these bonds:
Original Amount
Rancho Cucamonga-Palmdale-Ponervilie-Colton Housing Finance Agency,
Single Family Mortgage Revenue Bonds, Series 1986 $ 17,505,000
City of Rancho Cucamonga:
Improvement Bonds, Improvement District 85-PD 7,334,776
Improvement Bonds, Assessment District No. 82-1R 5,961,249
Community Facilities District No. 84-1,
Special Tax Bonds, Series A 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
Rancho Cucamonga Redevelopment Agency:
Covina-Rancho Cucamonga-Calexico-Downey Housing Finance Agency,
Residential Mortgage Revenue Bonds 22.074,000
Total $77.961.844
Note 13: Interfund Receivables and Payables
The Individual fund Interfund receivable and payable balances at June 30, 1993 are as follows:
Interfund Interfund
Due from/to other funds: Receivables Pavables
General Fund $ 8,031,007 $ 2,177,961
41
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 13: Interfund Receivables and Payables (Continued)
Interfund Interfund
Due from/to other funds: Receivables Pavables
Special Revenue Funds:
Gas Tax $ 719 $
S8325 58,637 -
Park Development - 1,184,946
Beautification 1,500,000
Systems Development 267,345 -
Park Bond Act 55,383
Drainage Facilities - 956,000
Pedestrian Grant 6,085 78,926
Federal Aid Urban 347,775 547,498
Community Development Block Grant 122,384
Assessment Administration - 3,010
SB 140 156,009 208,169
Sobriety Checkpoint Gram - 1,070
FETSIM Gram 16,814
SBA Tree Grant 201
Masi Commerce Center - 5,603
Fire District 4,419 -
Debt Service Funds:
Redevelopment Agency 378,027 295,318
Capital Projects Funds:
Assessment District 84-1 - 1,666,663
Assessment District 86-2 - 25,625
Redevelopment Agency 242,384 355,736
Enterprise Fund:
Sports Complex 177,522 158,986
Agency Funds:
Assessment District 86-2 49,016
Assessment District 88-2 358.652
Total $ 9,718,945 $ 9,718,945
,
42
r r r rw w wo M ,W .m
M M M W r M M r r as M �■
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 13: Interfund Receivables and Payables (Continued)
Interfund Interfund
Advances from/to other funds: Receivables Payables
General Fund $ 9,844,872 $
Special Revenue Funds:
SB 325 225,000
Park Development Fund 1,187,870 -
System Development Fund 65,000 -
Drainage Facilities Fund 950,454 -
Federal Aid Urban Fund 120,000 -
Capital Project Funds:
Assessment District 84-1 100,000
Redevelopment Agency 6,746,000 -
Long-Tenn Debt Account Group:
Rancho Cucamonga Redevelopment Agency 12,493,196
City of Rancho Cucamonga 6,746.000
Total $ 19,239,196 $ 19.239,196
Note 14: Fund Equity
a. Reservation of Fund Balance
The City has established certain fund balance 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.
Reserved for Advances to Other Funds:
General Fund $ 6.836.280
Special Revenue Funds:
SB 325 $ 225,000
Park Development 1,187,670
System Development 65,000
43
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 14: Fund Equity (Continued)
Special Revenue Funds: (Continued)
Drainage Facilities $ 950,454
Federal Aid Urban 120.000
Total Special Revenue Funds $ 2.548,324
Capital Projects Funds:
Assessment District:
84-1 $ 100,000
Redevelopment Agency 6.746.000
Total Capital Projects Funds $ 6,846.000
Total Reserve for Advances to Other Funds $ 16.230.604
Reserved for Encumbrances:
General Fund $ 149.597
Special Revenue Funds:
Gas Tax $ 86,428
SB 325 2,720
Recreation 4,140
Park Development 13,739
Landscape Maintenance Districts 146,394
System Development 3,868
Foothill Marketplace Community 11,996
Drainage Facilities 22,602
Federal Aid Urban 276,674
Community Development Block Gram 20,929
Assessment Administration 2,726
SB 140 2,487
South Etiwanda Drainage 11,996
FETSIM Grant 10,568
Masi Commerce Center 13,293
Measure 1 49,597
Total Special Revenue Funds $ 668.161
44
■r r r r 1=1 r r r r� r� r r r �r rr r �■ r r
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 14: Fund Equity (Continued)
Capital Projects Funds:
Assessment District:
82-1R $ 66,223
Redevelopment Agency 2,502.074
Total Capital Projects Funds $ 2,568,297
Total Reserve for Encumbrances $ 3,386.055
Reserved for Land Acquisition:
Special Revenue Funds:
Fire District $ 400,000
Reserved for Tree Replacement:
Special Revenue Funds:
Landscape Maintenance Districts $ 52,404
Reserved for Termination Pay Outs:
Special Revenue Funds:
Fire District $ 200,000
Reserved for Radio System:
Special Revenue Funds:
Fire District $ 80,000
Reserve for Land Held for Resale:
Capital Projects Funds:
Redevelopment Agency $ 10,924,968
Reserved for Future Fire Station:
Special Revenue Funds:
Fire District $ 973,125
45
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 14: Fund Equity (Continued)
Reserved for Capital Projects:
General Fund $ 6.686
Special Revenue Funds:
Gas Tax $ 14,940
SB325 1,260
Landscape Maintenance District 1,945,462
System Development 2,840
Drainage Facilities 15,760
Federal Aid Urban 115,000
Community Development Block Grant 8,300
S8140 2,490
Measure 1 121,140
Fire District 100,000
Total Special Revenue Funds $ 2,327,192
Capital Project Funds:
AD 82-1 R $ 89,650
AD 84-2 36,000
Redevelopment Agency 506.500
Total Capital Project Funds $ 632,150
Total Reserve for Capital Projects $ 2,966,028
Reserved for Vehicle and Equipment Replacement:
General Fund $ 600,000
Special Revenue Funds:
Fire District $ 1,110,150
Intemal Service Fund $ 3,094,852
Total Reserved for Vehicle and Equipment Replacement $ 4,805,002
Total Reserved $ 40,018,186
46
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 14: Fund Equity (Continued)
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.
4. Reserve for Tree Replacement
This reserve represents amounts segregated for future tree replacements in Landscape Maintenance Districts of the City.
5. Reserve for Termination Pay Outs
This reserve represents amounts segregated to aid in paying termination benefits of Fire District employees (vacation, sick, etc.).
6. 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 18 to the financial statements.
7. 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.
B. Reserve for Future Fire Station
This reserve represents amounts segregated by the Fire District for use in constructing a fire station.
47
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 14: Fund Equity (Continued)
9. 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.
10. Reserve for Vehicle and Equipment Replacement
This reserve represents amounts segregated by the Fire District for use in future vehicle and equipment replacement.
b. Unreserved • Designations
The City has established certain designations to indicate tentative managerial plans or intent.
Designated for Self Insurance
General Fund $ 1,500,000
Designated for changes in economic circumstances
General Fund $ 6,561,796
Fire District 236.322 6,798,118
Designation for unforeseen major repairs
Fire District 100,000
Designation for working capital
Landscapte Maintenance Districts $ 2,795,360
Fire District 1.082,750 3,878,110
Designated for Continuing Projects
Capital Projects Funds:
Redevelopment Agency 65,926,022
Designation for Long-Term Employee Leave Pay Outs
General Fund 1,000,000
Designation for Future Computer Equipment
General Fund 400,000
Designation for Integrated Waste Management
General Fund 270,826
Designation for Booking Fees
General Fund 624,898
48
r� r r rr � r r � r r r r r r � r r■ r r I
=1 M r1=1 r1=1 1=1 M r i M M M M M M
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 14: Fund Equity (Continued)
Designation for City Facilities Capital Repairs
General Fund $ 500,000
Designated for Debt Service
Debt Service Funds:
Central Park Acquisition $ 1,458
Public Improvement Corporation 288,207
Redevelopment Agency 22,444,946
Total Designated for Debt Service $ 22,734,611
Total $ 103,732,585
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 against the City. The insurance coverage in excess of the self-
insured amount is provided by California Municipal Insurance Authority (CMIA) up to a limit of $10,000,000. The City is also self-insured
through CMIA for workers' compensation. The coverage is for $10,000,000 with no retention amount.
Effective June 1, 1986, the City became a member of the California Municipal Insurance Authority, a joint powers authority of 22 California
cities, for the purpose of pooling the City's risk for general liability losses with those of other member cities. The City's share in the pool
was approximately 13.0% as of June 30, 1993. The Governing Board of CMIA is comprised of directors nominated and selected by each
member city. Each governing board member has one vote regarding all financial and management issues coming before the board.
Summarized financial information of the CMIA for the fiscal year ended June 30, 1993 is as follows:
Unaudited
$ 4,403,078
Revenues 4,484,602
Expenses
Excess of Revenue Over Expenses $ 81,524
Net Increase in Fund Balance $ 81.524
$ 9,571,790
Total Assets
49
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 15: Summary Disclosure of Self-Insurance Contingencies (Continued)
Unaudited
Total Liabilities $ 9,164,772
Total Fund Balance 407.018
Total Liabilftles and Fund Balance $ 9.571.790
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 $584,193 is adequate to cover such losses. This designation
exceeds the CMIA requirement of three times the City's seft-Insured retention.
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, 1993 the following balances of assets and liabilities were present:
Carrying Amount
Market Value
Total Assets $ 2,582.260
Liability to Plan Participants $ 2.582,260
50
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 17: West End Communications Financing Authority
The West End Communication 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 taw 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.
The Authority's membership consists of the City of Chino, the City of Ontario, the City of Rancho Cucamonga and the Rancho Cucamonga
Fire Protection District. The Board of Directors is comprised of the Chief Executive Officer and Finance Director of each member agency.
Each Director has one vote. 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 SOOMHZ Communications Equipment
which is, In tum, to be leased to the Agencies. Series A was Issued for $4,050,000 and the equipment acquired will be leased to the City
of Chino. Series B was Issued for $5,620,000 and the equipment acquired will be leased to the Cities of Ontario and Rancho Cucamonga
V. SIGNIFICANT EFFECTS OF SUBSEQUENT EVENTS
Note 18: it has recently come to the attention of the Rancho Cucamonga Redevelopment Agency that, in accordance with pass through agreements,
the County of San Bernardino has withheld tax Increment collections for the County Free Library and County Flood Control District. Since
the Agency was not Informed of these amounts, it has allocated to the Low and Moderate Income Housing Fund 20% of the tax increment
it received believing this Increment was the total allocated to the Agency. Now it appears that the computation of the 20% set aside was
done on a net basis rather than on the gross amount allocated. At present the Agency has formally requested from the County of San
Bernardino computations as to the amounts withheld for County Free Library and Flood Control. Once these computations are received,
the additional 20% set aside to low and moderate Income housing can be computed. While this set aside is thought to be material, the
Agency cannot at present estimate the amount involved. Once determined, the Agency anticipates that it will use Regional Facilities Project
Fund monies to make this set aside. This could happen during fiscal year 1993-94 and would cause a material reduction in available fund
equity of the Capital Project Fund.
61
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CITY OF RANCHO CUCAMONGA Schedule 1
BALANCE SHEET
GENERALFUND
JUNE 30, 1993
TOTALS
A S S E T S June 30,
1993 1992
Cash and Investments $ 6,344,811 $ 2,331,061
Receivables(net of allowance for uncollectibles):
Taxes 310,628 295,819
Accounts 690,579 559,080
Interest 231,444 208,094
Due from other funds 8,031,007 7,645,804
Advances to other funds 9,844,872 5,749,896
Total Assets $ 25,453,341 $ 16,789,754
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable $ 417,142 $ 454,956
Accrued payroll payable 347,356 375,297
Accrued employee benefits payable-current 735,645 562,839
Due to other funds 2,177,961 921,834
Deferred revenue 3,325,154 2,714,896
Total Liabilities 7,003,258 5,029,822
Fund Balances:
Reserves:
Reserved for encumbrances 149,597 298,270
Reserved for capital projects 6,666 -
Reserved for advances to other funds 6,836,280 3,035,000
Reserved for vehicle and equipment replacement 600,000 -
Unreserved:
Designated for self-Insurance 1,500,000 993,038
Designated for long-term employee leave pay outs 1,000,000 375,727
Designated for future computer equipment 400,000 122,800
Designated for Integrated waste management 270,826 113,875
Designated for booking fees 624,898 284,710
Designated for city facilities'capital repairs 500.000
Designated for changes In economic circumstances 6,561,796 6,536,512
Undesignated
Total Fund Balances 18,450,083 11,759,932
Total Liabilities and Fund Balances $ 25,453,341 $ 16,789,754
52
CITY OF RANCHO CUCAMONGA Schedule 2
STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCES
GENERALFUND
FOR THE FISCAL YEAR ENDED JUNE 30,1993
TOTALS
Year ended June 30,
1993 1992
Revenues:
Traces $ 11,973,111 $11,829,131
Licenses and permits 1,455,537 1,357,877
Fines and forfeits 328,664 213,226
Use of money and property 1,033,732 1,100,304
Intergovernmental 4,830,842 4,563,754
Charges for services 1,197,983 1,438,758
Other 7,418,810 7,443,319
Total Revenues 28,238,679 27,946,369
Expenditures:
Current:
General government 5,484,379 5,744,135
Public safety 7,615,332 7,401,199
Engineering and public works 5,429,304 6,850,126
Community development 2,824,915 3,780,370
Community services 951,671 1,198,406
Debt service:
Principal 115,130 86,104
interest and fiscal charges 15,726 16,876
Total Expenditures 22,436,457 25,077,216
Excess of Revenues over(under)Expenditures 5,802,222 2,869,153
Other Financing Sources(Uses):
Operating transfers in 28,678 823,164
Operating transfers out (142,029) (1,205,234)
Sale of land 1,001,280
Total Other Financing
Sources(Uses) 887,929 (382,070)
Excess of Revenues and Other
Sources over(under)Expenditures
and Other Uses $ 6,690,151 $ 2,487,083
Fund Balances:
Beginning of Fiscal Year -as previously reported $ 11,759,932 $ 9,463,304
Restatements (190,455)
Beginning of Fiscal Year-as restated 11,759,932 9,272,849
Excess of Revenues and Other
Sources over(under)Expenditures
and Other Uses 6,690,151 2,487,083
End of Fiscal Year(Schedule 1) $ 18,450,083 $11,759,932
53
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CITY OF RANCHO CUCAMONGA Schedule 3
Page 1 of 5
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES-BUDGET AND ACTUAL(BUDGETARY BASIS)
GENERALFUND
FOR THE FISCAL YEAR ENDED JUNE 30,1993
T O T A L S-Year Ended June 30,
1993 1992
Variance-
Favorable
Budget Actual (Unfavorable) Actual
Revenues:
Property taxes $ 2,334,490 $ 2,395,951 $ 61,461 $ 2,634,740
Other taxes:
Property transfer tax 200,000 209,614 9,614 281,392
Transient occupancy tax 8,000 57,333 49,333 4,560
Sales and use taxes 6,500,000 6,592,130 92,130 6,351,200
Admission tax 1,450 1,433 (17) 5,408
Franchise taxes 2,698,660 2,716,650 17,990 2,551,831
Total Taxes 11,742,600 11,973,111 230,511 11,829,131
Licenses and permits:
Building permits 575,000 691,461 116,461 591,040
Business licenses 775,000 757,822 (17,178) 759,344
Other permits 7,250 6,254 (996) 7,493
Total Licenses and Permits 1,357,250 1,455,537 98,287 1,357,877
Fines,forfeMs and penalties:
Court fines 139,000 214,871 75,871 213,226
Parking tickets and other 90,950 113,793 22,843
Total Fines and Forfeits 229,950 328,664 98,714 213,226
Use of money and property:
Interest income 511,000 1,033,732 522,732 390,404
Rent 709,900
Total Use of Money and Property $ 511,000 $ 1,033,732 $ 522,732 $ 1,100,304
54
CITY OF RANCHO CUCAMONGA Schedule 3
Page 2 of 5
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES-BUDGET AND ACTUAL(BUDGETARY BASIS)
GENERALFUND
FOR THE FISCAL YEAR ENDED JUNE 30, 1993
T O T A L S-Year Ended June 30,
1993 1992
Variance-
Favorable
Budget Actual (Unfavorable) Actual
Intergovernmental:
Cigarette tax
$ 11,780 $ 11,756 $ (2) $ 71,348
Motor vehicle In lieu 4,000,000 4,047,498 47,498 3,697,061
Trailer coach - - 13,398
Homeowners exemption and other subvention 19,600 83,764 64,164 77,833
Youth program reimbursements 52,830 28,786 (24,044) 83,876
State park grants - - - 126,387
FEMA grants - 152,418 152,418 -
Waste management fees - 504,759 504,759 492,025
Off-highway motor vehicle 2,250 1,859
(397) 1,826
Total Intergovernmental 4,086,440 4,830,842 744,402 4,563,754
Charges for services:
Plan check fees 354,000 360,946 6,946 331,359
Planning fees 200,000 253,269 53,269 219,944
Engineering fees 662,000 473,854
(188,146) 751,436
Sale of materials 50,000 48,825 (1,175) 53,818
Other charges for services 31,000 61,089 30,089 82,201
Total Charges for Services 1,297,000 1,197,983 (99,017) 1,438,758
Other:
Cost reimbursements 5,643,920 7,396,250 1,752,330 6,853,506
Miscellaneous revenue 35,000 22,560 (12,440) 589,813
Total Other 5,678,920 7,418,810 1,739,890 7,443,319
Total Revenue $24,903,160 $28,238,679 $ 3,335,519 $27,946,369
55
CITY OF RANCHO CUCAMONGA Schedule 3
Page 3 of 5.
SCHEDULE OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCES-BUDGET AND ACTUAL(BUDGETARY BASIS)
GENERALFUND
FOR THE FISCAL YEAR ENDED JUNE 30, 1993
T O T A L S-Year Ended June 30,
1993 1992
Variance-
Favorable
Budget Actual (Unfavorable) Actual
Expenditures:
General government:
City council $ 64,000 $ 60,408 $ 3,592 $ 56,161
City manager 398,726 398,498 228 387,235
Public safety commission 315 175 140 646
City clerk 261,860 257,714 4,146 264,033
Personnel overhead 177,812 139,502 36,310 158,9D3
General overhead 2,407,345 1,600,695 806,650 1,947,406
Treasurer 1,575 1,452 123 1,878
Administrative services 938,888 871,341 67,547 262,271
Finance 453,250 433,558 19,692 515,022
Business licenses 130,030 128,250 1,780 167,527
Personnel 170,977 165,859 5,118 178,438
Purchasing 168,030 167,754 276 204,572
Risk management 75,730 68,989 6,741 81,882
Fire District administration 118,876 100,029 18,847 51,502
Redevelopment Agency Administration 814,890 - 814,890 -
City facilities 1,374,750 1,151,040 223,710 1,680,604
Total General Government 7,557,054 5,545,264 2,011,790 5,958,080
Public safety:
Police:
Sheriff contract services 7,707,822 7,385,281 322,541 7,191,476
Animal control 75,010 47,378 27,632 -
Emergency preparedness 191,470 182,981 8,489 210,488
Total Public Safety $ 7,974,302 $ 7,615,640 $ 358,662 $ 7,401,964
56
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 30,1993
T O T A L S-Year Ended June 30,
1993 1992
Variance-
Favorable
Budget Actual (Unfavorable) Actual
Engineering and public works:
Engineering administration $ 491,900 $ 279,664 $ 212,236 $ 874,022
Development management 663,950 629,690 34,260 833,077
Traffic management 205,010 198,500 6,510 374,675
Project management 140,350 137,265 3,085 246,372
Construction management 346,660 340,997 5,663 550,525
Waste management 366,270 347,808 18,462 -
Street and park maintenance 3,309,920 3,010,313 299,607 3,526,341
Vehicle maintenance 696,140 533,744 162,396 516,592
Total Engineering and Public Works 6,220,200 5,477,981 742,219 6,921,604
Community development:
Planning commission 8,410 6,196 2,214 14,091
Administration 241,910 226,323 15,587 199,367
Planning 1,317,410 1,268,307 49,103 1,842,864
Historical preservation commission 3,770 3,214 556 3,840
Environmental management commission 430 75 355 409
Building and safety 1,484,640 1,333,159 151,481 1,728,653
Total Community Development 3,056,570 2,837,274 219,296 3,789,224
Community services:
Community services 1,051,268 978,350 72,918 1,199,754
Park and recreation commission 1,570 689 881 1,880
Total Community Services $ 1,052,838 $ 979,039 $ 73,799 $ 1,201,634
57
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 30,1993
T O T A L S-Year Ended June 30 _
1993 1992
Varlance-
Favorable
Budget Actual (Unfavorable) Actual
Debt service:
Principal $ - $ 115,130 $ (115,130) $ 86,104
Interest and fiscal charges 15,726 (15,726) 16,876
Total Debt Service 130,856 (130,856) 102,980
Total Expenditures $25,860,964 $22,586,054 $ 3,274,910 $25,375,486
Excess of Revenues over(under)Expenditures $ (957,804) $ 5,652,625 $ 6,610,429 $ 2,570,883
Other Financing Sources(Uses):
Operating transfer In $ - $ 28,678 $ 28,678 $ 823,164
Operating transfer out - (142,029) (142,029) (1,205,234)
Sale of land 1,001,280 1,001,280
Total Other Financing Sources(Uses) $ - $ 887,929 $ 887,929 $ (382,070)
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) $ (957,804) $ 6,540,554 $ 7,498,358 $ 2,188,813
Adjustments:
To adjust for encumbrances $ $ 149,597 $ 149,597 $ 298,270
Excess of Revenues and Other Sources
over(under)Expenditures and Other $ (957,804) $ 6,690,151 $ 7,647,955 $ 2,487,083
Uses(GAAP Basis)
Fund Balances:
Beginning of Fiscal Year -as previously reported $11,759,932 $11,759,932 $ - $ 9,463,304
Restatements - (190,455)
Beginning of Year-as restated 11,759,932 11,759,932 - 9,272,849
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) (957,804) 6,690,151 7,647,955 2,487,083
End of Fiscal Year(Schedule 1) S 10,802,128 $18,450,083 $ 7,647,955 $11,759,932
58
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1
SPECIAL REVENUE FUNDS
Gas Tax Fund
Established to account for the revenue and disbursement of funds used for
road construction and maintenance of the City network system. The City's
' share of state gasoline taxes provided the financing.
SB325 Fund
Established to account for the revenue and disbursement of funds received
by extending the statewide sales tax of 1/4 of 1 cent to motor vehicle fuel
' under the Transportation Development Act.
Recreation Fund
Established to account for the wide variety of classes, special events, and
activities sponsored by the Community Services Department.
Park Development Fund
Established to account for the residential park development fees charged
subdividers upon issuance of a building permit for development of future
park or recreational sites.
Beautification Fund
Established to account for fees collected to provide proper landscaping and
' irrigation systems after parkway and median improvements are made.
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.
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 facilities provided for the exclusive use of pedestrians
and bicycles. ,
Federal Aid Urban Fund
Established to account for the revenue and disbursement of Federal funding
for the construction of the City roadway system.
Community Development Block Grant Fund
Established to account for grants received from the Department of Housing '
and Urban Development. These revenues must be expended to accomplish
one of the following objectives: elimination of slum or blight. or benefit to
low and moderate income persons by providing loans and grants to owner- '
occupants and rental property owners to rehabilitate residential properties.
Assessment Administration Fund ,
Established to account for the revenue and disbursement of administration
of assessment districts. '
San Sevaine/Etiwanda Drainage
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. ,
1
SB 140
Established to account for the revenue and disbursement of State matching
' funds for the construction of eligible street construction projects.
Roadside Sobriety Check Point Grant
' Established to account for the revenue and disbursement of Federal grant
funds administered by the State of California, Office of Traffic Safety.
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 (FETSUM
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.
Foothill Marketplace Community
' Established to account for monies deposited by developers for initial
consulting and administrative costs and expenses related to a proposed
' public financing district.
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.
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.
1
CITY OF RANCHO CUCAMONGA Schedule 4
Page 1 of 3
COMBINING BALANCE SHEET
ALL SPECIAL REVENUE FUNDS
JUNE 30,1993
Landscape '
Park Lighting Maintenance Systems
Gas Tau SB 325 Recreation Development Beautification SB 300 Districts Districts Development
A S S E T S
Cash and Investments $3,111.811 $1,270.279 $ 430,812 E - E 626.428 $23.716 E 672.882 E 5,127.937 $ 911,162
Receivable,(net of allowance for uncollectibles)
Taues - - 7.465 44,839 -
Accounts - 67 - - - - -
Deferred loans - -
interest - - - -
Grants _ 76,581'
- - -
Liens 13.613 - - - - - - - 14.389
Due from other funds 719 58.637 - - - - - - 267.345
Deposits - - 635.000 - - - -
Advances to other funds 225.000 1.187.870 65,000
Total Assets 53,126,143 51,553,916 S 430.879 E 1,822,870 E 626.428 $23.716 S 680.347 E 5,172,776 $ 1,334,477
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable E 159,032 E - $ 36.059 E 1.771 E - $ - E 1'•692 $ 211.680 S 81
Accrued payroll payable 29,003 3,113 8,899 1.823 - - 1,330 21.476 5.294
Due to other funds - - - 1.184.946 1.500.000 - - - .
Due to other goverrmwits
Accrued employee benefits-current - - - - -
Deferred revenue 54.812 806.429
Total Liabilities 188,035 3,113 42.958 1.188,540 1,554,812 3.022 233,156 811,804
Fund Balances:
Reserves:
Reserved for encumbrances 86,428 2,720 4.140 13,739 E - - - 146,394 3,868
Reserved for advances to other
turd 225,000 - 1.187.870 - - - - 65.000
Reserved for capital projects 14.940 1,260 - - - - - 1.945,462 2.840
Reserved for tree replacement - - - 52.404 -
Reserved for future fire station - - - - - -
Re served for land acquisition - - -
Reserved for termination pay outs
Reserved for radio system - - - - -
Reserved for vehicle and
equipment replacement - - -
Unreserved:
Designated for changes In economic
circumstances - - -
Designated for unforeseen major repairs - - - "
Designated for working capital - - - 2.795,360
De
Undesignated 2,836,740 1,321,823 383.781 (567,279) (928,384) 23.716 677.325 450.965
Total Fund Balances 2,938,108 1,550,803 387,921 634.330 (928,384) 23.716 677.325 4,939.620 522.673
Toted Uabilitles and Fund Balances 53,126.143 51,553.916 S 430.879 S 1.822,870 E 626.428 $23,7/6 E 680,347 E 5,172,776 E 1,334,477
59
CITY OF RANCHO CUCAMONGA Schedule4l
COMBINING BALANCE SHEET Page 2 of 3
ALL SPECIAL REVENUE FUNDS
JUNE 30, 1993
Community Sen Sevaina/ Sobriety Air
Park Bond Drainage Pedestrian Federal Development Assessment Etiwanda Checkpoint Quality 800 MHz
ASSETS Act Facilities Grants Aid Urban Block Grant Administration Drainage SB 140 Grant Improvement Radio
Cash and investments E - E 114,487 $ - $166,319 $ 2,256 $ 117,409 $817,080 E 245.936 $ - $ 146,453 $ 461
Receivables(net of allowance for uncollectibles)
Accounts - 368
Deferred krans - - - - 78,422 - - - - -
Interest - - - - - - - - - -
Grants 55,393 - 72,841 250,070 156,453 - - - 1,070 -
Llena - -
Due from other funds - - 6.08.5 347,775 - - - 156.009 - - -
Deposits - - - -
Advances to other funds 950.454 120,000 ..
Total Assets $ 55,383 $1,084,941 $ 78,926 $884,164 $ 237,131 $ 117,777 $817,080 $ 401,945 S 1,070 $ 146,453 $ 461
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable E - E - 5 $ - E 30,520 $ 3,747 E - $ - $ - $ 61 $ -
Accrued payroll payable 216 - 560 5,805 6,156 - - - 498 -
Duetootherfunds 55,393 956,000 78,926 547,498 122,384 3,010 - 206,169 1,070 - -
Due to other governments - - 20.455 78.422 - - - -
Accrued employee benefits-current - - - -
Deferred revenue 2,989
Total Liabilities 55,383 959,205 79,926 568,513 237,131 12,915 208,169 1,070 559
Fund Balances:
Reserves:
Reserved for encumbrances - 22.602 - 276,674 20,929 2,726 - 2,487 - - -
Reserved for advances to other
hinds - 950.454 - 120.000 - - - - -
Reservedforcapitalprojects - 15,750 - 115,000 8,300 - - 2,490
Re - -
served for bee replacement - - - - -
Reserved for future fire station - - - -
Reserved for land acqubl9on - - - - - - - - - -
Reserved for lamination pay outs - - - - - -
Reserved for radio system - - - - - - - - -
Reserved for vehicle and
equipment replacement - - - - - - - - - -
Unreserved:
Designated for changes In economic
circumstances - - - - - - - - -
Designated for urdoroseen major repairs - - - - - - - - - - -
Designated for working capital - - - - - - - -
Undesignated (883,080) 11 96.023) (29,229) 102,136 817,080 188,799 145,894 461
Total Fund Balances 105,736 315,651 104,862 817,080 193,776 145,894 461
Total Uabllhies and Fund Balances $ 65,393 11,064,941 E 78,926 $884,164 $ 237,131 $ 117,777 $817,080 E 401,945 $ 1,070 $ 146,453 E 461
80
I
CITY OF RANCHO CUCAMONGA Schedule 4
Page 3 of 3
COMBINING BALANCE SHEET
ALL SPECIAL REVENUE FUNDS
JUNE 30,1993
Foothill South Masi TOTALS
FETSIM SBA Marketplace Etiwanda Commerce Fire June 30,
Grant Tree Orarlt CommunDrainage Center Measure I District 1 9 9 3 1 9 9 2
ASSETS
Cash and Investments S 1,797 S - E 12,995 S 17,479 S - S 1,434,338 $4.586.081 E 19,638,118 E 17,071,128
llecelvables(Trot of allowance for uncollectibles)
Taxes - - - - - - - 52,304 203,401
Accounts - - - - 18,896 56,401 428,747 504,479 351,531
Deterred loam - - - - - - - 78,422 6,540
Interest - - - - - - 62,723 62.723 49,063
Grants 19,907 201 - - - - - 632.506 557,039
Liens - - - - - - - 28.002 33.787
Due from other funds - - - - - - 4,419 840,989 1,874,925
Deposits - - - - 635,000 635,000
Advances to other funds 2,548.324 2,548,325
Total Assets $ 21,704 $ 201 $ 12,995 $ 17,479 $ 18,896 $1,490.739 $5.081.970 $25,220.867 $23,330,759
LIABILITIES AND FUND BALANCES
Usibllhbs:
Accounts payable S - $ - $ - $ 5,433 $ - $ 2.246 $ 320,951 9 773,273 S 962,097
Accrued payroll payable 4.690 - - - - 6,974 - 94,039 116,426
Due to other funds 16,814 201 - - 5,603 - - 4,680,004 5,582.056
Due to other governments - - - - - - - 98,877 20,455
Accrued employee benefits-current - - - - - - 478,672 478,672 459,200
Deferred revenue 864,230 849,692
Total liabilities 21,704 201 5,433 5,603 9.220 799,623 6,969,095 7,989,926
Fuld Balances:
Reserves:
Reserved for encumbrances - - 11,996 10,568 13,293 49.597 - 668,161 364,021
Reserved lot advances to other
funds - - - - - - - 2,548,324 2,548,325
Reeerved for capital projects - - - - 121,140 100,000 2,327,192 2,548,325
Reserved for tree replacement - - - - - - 52.404 54,514
Reserved for hdure fire station - - - - - - 973,125 973,125 627,529
Reserved for land acquisition - - - - - 400,000 400.000 400,000
Reserved for termination pay outs - - - - 200,000 200,000 120,000
Reserved for radio system - - - - 80,000 80,000 80,000
Fleserved for vehicle and
equipment replacement - - - - - - 1,110,150 1,110,150 1,015,150
Unreserved:
Designated for changes In economic
circumstances - - - - - - 236,322 236,322 46,008
Designated for unforeseen major repairs - - - - - - 100,000 100,000 100,000
Designated for working capital - - - - - - 1,082,750 3,878,110 1,000,000
Undesignated 999 1,478 - 1,310,782 5,657,984 6,436,961
Tole[Fund Balances 12,995 12,046 13,293 1,481,519 4,282,347 18,231,772 15,340,833
Total Liabilities and Fund Balances $ 21,704 $ 201 $ 12,995 $ 17,479 $ 18,896 $1,490,739 $5.081,970 $25,220,867 $23,330,759
61
CITY OF RANCHO CUCAMONGA Schedule 5
Page 1 of 3
COMBINING STATEMENT OF REVENUES,EXPENDITURES
AND CHANGES IN FUND BALANCES
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1993
Landscape
Perk Lighting Maintenance Systems
Gas Tex SB 325 Recreation Development Beautification SB 300 Districts Districts Development
Revenues:
Taxes S S - E - E - $ - E - E 797,367 E 4,317,854 E -
Finesendfodells - - - - - - - -the of money and property 122,345 64,255 - - 1,382 1,009 18,042 101,503 21,507
Intergovernmental 1,775,649 - - - - 5,091 - - 152,617
Charges for services - - 739,141 - - - - -
Developmentfees - - - 496,873 272,724 - - - 629,068
Other 3,808
Total tlsvenues 1,897,994 64,255 739,141 496,873 224,106 6,100 815,409 4,503,165 603,192
Expenditures:
Curren:
Gerrard government - - - - - - 719.774 - -
Engineering and public works 1,152,700 102,414 - - 31,456 - - - 576,330
Community development - - - - - - - 3,094,019 -
Community services - - 684,611 63,990 - - - - -
Public edey-Bre protection - - - - - - - - 407,49-
Cepitel outlay 881,056 201,573 6,280 40,972 - - - - 9
Debt service:
Principal 24,275 - - - - - - - -
Interest and fiscal charges 2,324 - - -
Tool Expenditures 2,060,357 303,987 692,891 104,962 31,456 719,774 3,094,019 983,829
Excess of Revenuee over
(under)Expenditures (162,363) (239,732) 46,250 391,911 192,650 6,100 95,635 1,409,146 (180,637)
Other Financing Sources(Uses):
Operating transfers In - - - 3,053,257 - - - -
Operating transfers out - - - (392,117) - - - - -
Bond defeasance costa - - (3,053,257) - - - -
Bond proceeds '
Sale of fbmd assets __ -
-----
Total Other Financing
Sources(uses) - (392,117) - - -
Excess of Revenues and Other
Sources over(under)Expenditures
and Other Uses 7321 46,250 E (206) E 192,650 $ 6,100 E 95,635 E 1,409,146 S (180,637)
Fund Balances:
Beginning of Fiscal Year-as previously reported 23,100,471 $1,790,535 E 341,671 $ 634,536 E (1,121,034) E 17,616 E 581,690 $ 3,530,474 $ 703,310
fbstatements -
Beginning of Flscd Yew•as restated 3,100,471 1,790,535 341,671 634,536 (1,121,034) 17,616 58100 3,530,474 703,310
Excess of Revenues and Other
Sources over(under)Expenditures
and Od w Uses 182 (239,732) 46,250 (206) 1921650 6,100 95,635 1,409,146 (180,637)
End of Fiscal Year(Schedule 4)
.L2=j()8 S 1,550,803 S 387,921 $ 634.330 S (928.384) 123716 S 677,325 L_4,939,620 $ 522,673
62
CITY OF RANCHO CUCAMONGA Schedule 5
Page 2 of 3
COMBINING STATEMENT OF REVENUES,EXPENDITURES
AND CHANGES IN FUND BALANCES
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1993
Community San Sevaine/ Sobriety Air '
Park Bond Drainage Pedestrian Federal Development Assessment Etiwanda Checkpoint Quality BD0 MHZ
Act Facilities Grants Aid Urban Block Grant Administration Drainage SB 140 GrantImprovement Radio
Revenues:
Texas E - E - E - E - E - E - E - E - E - E - E _
Finn and fodetie - - - - - -
Use of money and property - 75 - - - - - 6,919 - 4,727 22
Intergovernmental 11,609 - - 830.996 521,475 - - 29,182 1,998 126,987 -
Charges for servos - - - - - - - - -
Development fees - 193,793 - - - 399,764 7,800 - - -
Other
Total Revenue 11,609 193,868 800,996 521,475 399.764 7,800 36,101 1,998 131,714 22
Expenditures:
Current:
General govemmerd - - - - 348.749 - - - 19,043
Engineering and public works - 60,710 - 32,821 - - - 4,109 - -
Community development - - - - 240,916 - - - - -
Community services - - - - - - 1,998 - -
Public safety-Bre protection - - - - - - - "
Capital outlay 11,609 18,865 - 881,526 280,559 - - 117,102 - - -
Debt service:
Principal
Interest and fiscal charges - -
Total Expenditures 11,809 77.395 914,347 521,475 348.749 121,211 1,998 19,043 -
Excess of Revenues over
(under)Expenditure 116,473 113,351 51,015 7,800 (85.110) - 112,671 22
other Financing Sources(Uses):
Operating transfer In - - - 113,351 - - - - - -
Operating transfer out - - - -
Bond defeasance cools
Bond proceeds
Sale of fixed awes - - -
Total Other Financing
Sources(Use) 113,351 - - -
Excess of Revenue and Other
Sources over(under)Expenditures
and Other Uses E E 116,473 E E - E E 51,015 E 7,800 Lin,110) E - E 112,671 E 22
Fund Balances:
Beginning of Fiscal Veer-as prevlonly reported E - E (10,737) E - E 315,651 E - E 53,847 E 809.280 E 278,886 E - E 33,223 E 439
Restatements
Beginning of Fiscal Year-IS restated - (10,737) - 315,651 - 53.847 809.280 278,886 - 33,223 439
Excess of Revenues and Other
Sources over(under)Expenditure
and Other Uses 116,473 - 511015 7,800 85.110 112,671 22
End of Fiscal Year(Schedule 4) E E 105,736 E L315.651 E E 104.862 E 817,080 E 193,776 E E 145,894 E 461
63
CRY OF RANCHO CUCAMONGA Schedule 5
Page 3 of 3
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1993
Foothill South Masi TOTALS '
FETSIM SBA Marketplace Etiwanda Commerce Fire Year ended une 30,
Grant Tree Grant Commun Drainage Center Measure I District 1 9 9 3 1992
Revenues:
Tan $ - E - $ - S - $ - S - $6,703,956 $11,819,177 610,213,752
Fines and forfe86 - - - - 62,466 62,466 13,460
Use of money and properly - - - - 58,309 299,435 779,530 774,086
Inwilovemmental 19,907 68,303 - - - 828,914 1,587,439 5,930,167 5,523,506
Charges for services - - - - - 128,886 868,027 853,287
Development fees - - 20,000 20,000 26,586 - - 2,016,608 3,604,792 -
Otlner 12,034 15,842 103,195
Total Revenues 19,907 68.303 20,000 20,000 26,586 887,223 8,794,216 21,491,817 21,086,078
EufMndltures:
Current:
General govemment - 7,005 7,954 13,293 - - 1,115,818 1,657,242
Engineering and public works 17,753 68,303 - - - 134,436 - 2,181,032 1,782,546
Community development - - - - - - - 3,334,935 3,024,527
Community services - - - - - 750,599 1,124,111
Public salary-Bre protection - - - - - - 7,839,084 7,839,084 7,462,224
Capital outlay 2,154 - - - - 163,556 157,031 3,169,604 3,853,952
Debt service:
Principal - - - - - - 24,275 42,302
Interest and fiscal Merges - 91,941 94,265 116,605
Toted Expenditure; 19,907 68,303 7,005 7,954 13,293 297,992 8,088,056 18,509,612 19,063,509
Fxoess of Revenues over
(under)Expenditures, 12,995 12,046 13,293 589,231 706,160 2,982,205 2,022,569
Other Financing Sources(Uses):
Operating transfers len - - - - - - - 3,166,608 2,250,855
Operating transfers out - - - - - (392.117) (2,255,594)
Bond defeseaMx cocks - - - - - (3,053,257) -
Bond proceeds - - - - - - - 530.625
Say of fixed asset - 187,500 187,500
Toted Other Financing
Sources(Uses) 187,500 (91,266) 525,886
Excess of Revenues and Other
Sources over(under)Expenditures
and Omer Uses $ $ S 12,995 $ 12,048 $ 13,293 $ 589,231 $ 893,660 S 2,89,939 $ 2,548,455
Fund Balances:
Beginning of Fiscal Year-as previously reported $ - $ S - $ - $ - $ 892.288 $3,388,687 $15,340,833 $12.971,851
Realelemernt (179,473)
Beginning of Fiscal Year-as restated - - - - - 892,288 3,388,687 15,340,833 12,792,378
Excess of Revenues and Other
Sources over(under)Expenditures
and Other Uses 12,995 12,046 13,293 589,231 893,660 2,890,939 2,548,455
End of Fiscal Veer(Schedule 4) $ $ $ 12,995 $ 12,046 $ 13,293 $1,481,519 $4,282,347 618,231,772 $15,340,833
64
r� rw �r r r r tri rr rrr r r r� r r r ,� e r r
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, 1993
OAS TAX SB 325 RECREATION '
anence- variance- Variance-
Favorable Favorable Favorable
Revenues: Budget Actual Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Taxes S - $ - $ - E - $ - $ - $ - $ - $
Fines and forfeits - - - -
Use of money and property 57,540 122,345 64,805 25,800 64,255 38,455 - - -
Intergovemmental 1,836,100 1,775,849 (60,451) - - - - -
Charges for services - - - - - - 778,500 739,141 (39,359)
Development fees - - - - - - - - -
Other
Total Revenues 1,893,840 1,897,994 4,354 25,800 64,255 38.455 778,500 739,141 (39,359)
Expenditures:
Current:
General government1,152,70 - -
Engineering and public works 1,152,317 0 (383) 105,920 102,414 3,506 - - -
Community development - - - - - - - - -
Community services - - - - - - 755,410 686,453 68,957
Public aefety-fire protection - - - - - - - -
Capital outlay 1,261,309 967,486 293,823 650,460 204,293 446,167 11,261 10,578 683
Debt service:
Principal - 24,275 (24,275) - - - - -
Interest and fiscal charges 2,324 (2,324) -
Total Expenditures 2,413,626 2,146,785 266,841 756,380 306,707 449,673 766,671 697,031 69.640
Excess of Revenues,over
(under)Expenditures51 19,888) 48,791 271,195 (730,580) (242,452) 488,128 11,829 42.110 30,281
Other Financing Sources(Uses):
Operating transfers In
Operating transfers out
Bond defeasance costa
Bond proceeds - - - - - -
Sele of fixed assets - - -
Total Other Financing
Sources(Uses)
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uvea(Budgetary Bees) (519,986) (248,791) 271,195 (730,580) (242,452) 488,128 11,829 42,110 30,281
Adjustments:
To adjust for encumbrances 86,428 66,428 2,720 2,720 4,140 4,140
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(OMP Basis) 1.aLS.986L S 1( 62,383) $ 357,623 S (730,580) S 39,7 $ 490,848 S 11,829 $ 46,250 S 34.421
Fund Balances:
Beginning of Fiscal Yew-as previously reported $3,100,471 $3,100,471 S - $1,790,535 21,790,535 $ - $ 341,671 $ 341,671 $Restatements - -
BeginningofFisaelYem-as restated 3,100,471 3,100,471 - 7780,535 1,790,535 - 341,671 317,671 -
Excess of
Expenditures and Other
over
Uses(OMP Basis) 519,986 162,363 357,623 30,580 ,732 490,848 11,829 46,250 34,421
End of Fiscal Yaw $2,580,485 $2,938,108 S 357,623 $1.059.955 $1,550,803 $ 490,848 $ 353,500 $ 387,921 $ 34,421
65
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, 1993
PARK DEVELOPMENT BEAUTIFICATION SB 300
Variance- Variance- Variance.
Favorable Favorable Favorable
Revenues: Budget Actual (Unfavorable) Budget Actual Unfavorable) Budget Actual Unfavorable)
Taxes E - E - $ - E - E - E - S - E - E -
Flnes and forfefis - - - - - - -
ties of money and property - - - 1,382 1,382 80 1,009 929
I tergm'emmental - - - - - - - 5,091 5,091
Charges for services - - - - -
DevelopmeMm
x fees 530,000 496,673 (33,127) 208,650 222,724 14,074 - - -
O
Total Rarwistues, 530,000 496,873 (33,127) 208,650 224,106 15,456 80 6,100 6,020
Expenditures:
Current:
General ptwemrrent - - - - - - -
Engineeringandpublicworks - - - 32,560 31,456 1,104 - - -
Community development - - - - -
Community services 63,993 63.9% 3 - - - - - -
Public safely-fire protection - - -
Capital outlay 457,110 54,711 402,399 - - - - - -
Debt service:
Principal - - - - -
Interest and fiscal charges
Total Expenditures 521.103 118,701 402,402 32,560 31,456 1,104
Excess of Revenues over
(under)Expenditures 8,897 378,172 369,275 176,090 192,650 16,560 80 6,100 6,020
Other Financing Sources(Uses):
Operating transfers In - 3,053,257 3,051,257 - - - - - -
Operatingtrandersout (392,117) (392,117) - - - - - - -
Bond defeaeence cosre (3.053.257) (3.053.257) - - - - - -
Bond proceeds - - - - -
Sale of fixed assets
Total Other Financing
Sources(Uses) (392,117) (392,117)
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uvea(Budgetary Basle) (383,710) (13,945) 369,275 176,090 192,650 16,560 80 6,100 6,020
Adjustments:
To adjust for encumbrances 13,739 13,739
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Beals) E1363,220) 1____M $ 383.011 E 178,080 E 192,650 E 16,560 $ 80 E 6,100 E 6,020
Fund Balances:
Beginning of Fiscal Year-as previously reported E 634.536 E 634.536 E - E (1,121,034) E (1,121,034) E - E 17,616 E 17,616 E
Restatement
Beginning of Fiscal Year-as restated 634,536 634.538 - (1,121,034) (1,121,034) - 17,616 17.616 -
Exceae of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Bents) (383,220) (M) 383,014 176,090 192,650 16,560 80 6,100 6,020 -
End of Flecal Year E 251,316 E 634.330 E 383.014 E (944,944) E (928,384) E 16,560 E 17,696 L23.716 E 6,020
06
r M 11=11 IM = M = 11= M = = 1=1
CITY OF RANCHO CUCAMONGA Schedule 6
Page 3 of 9
COMULE OF REVENUES
EXPENDIITURESI NG AND CHSCHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1993
1-101TTING DISTRICTS LANDSCAPE MAINTENANCE DISTRICTS SYSTEMS DEVELOPMENT '
Variance- Vanance. adance-
Favorable Favorable Favorable
Revenues: Budget Actual Unfavorable Budget Actual (unfavorable) Budget Actual (Unfavorable)
Texas E 756,770 E 797,367 $ 40,597 $3,944,010 S 4,317,854 $ 373,844 $ - S - E
Fines and forfeils - - - - -
Use of m103,5910,030 21,507 11,47
oney and property 15,960 18,042 2,082 77,910 181,503 3 7
Intergovernmental - - - - - - - 152,617 152,617
Charges for services - - - - - .
Development lees - - - - 535.000 629,068 94.068
Other 3.808 3,808 -
TotalRevenues 772,730 815,409 42,679 4,021,920 4,503,165 481,245 545,030 803,192 258,162
Expenditures:
Current:
General govemmenl 811,591 719,774 91,817 - - 576,330 576,330
Engineering and public works - - - - - -
Community development - - - 3,941,065 3,240,413 700,652 - -
Community servkes - _ - _
Public Capital
outlay
111,36
ere pvoDecllon - - - _ _
572,765 7 161,398
Debt service:
Principal
Interest and fiscal charges
Total Expenditures 811,591 719,774 91,817 3,941,065 3,240,413 700,652 1,149,095 987,697 161,398
Excess of Revenues over
(under)Expenditures (30.861) 95,635 134,496 80,855 1.262,752 1,191,897 (604.065) (194,505) 419,560
Other Financing Sources(Uses):
Operating trarnsfere In - - - - - - - - -
Operating transfers out
Bond defeasance coats
Bond proceeds
Sale of fixed assets - -
Total Other Financing
Sources(Uvea) -Excess of of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) (38,861) 95,635 134,496 80,855 1,262,752 1,791,897 (684,065) (184.505) 419,560
Adjustments:
To adjust for encumbrances 146,394 146,394 - 3,86B 3,868
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Urea(GAAP Basis) E (38.861) E 85,635 E 134,496 E 80,855 $1.409,146 $ 1,328,291 S (604.065) I_(180,637) S 423,428
Fund Balances:
Beginning of Fiscal Year-as previously reported $ 581,690 E 587,690 $ - $3,530,474 $3.530.474 E - $ 703,310 E 703,310 $
Restatemema
Beginning of Fiscal Yew-v restated 581,690 581,690 - 3,530,474 3,530,474 - 703,310 703,310 -
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) (38,861) 954635 1340496 80,855 1,409,146 1,328,291 (604,065) (180,637) 423,428
End of Fiscal Year $ 542,829 $ 677,325 $ 134,496 $3,611,329 $4,939,620 E 1,328,291 $ 99,245 E 522,673 $ 423,428
67
CITY OF RANCHO CUCAMONGA Schedule 6
COMBINING SCHEDULE OF REVENUES Page 4 of 9
EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,1993
PARK BOND ACT DRAINAGE FACILITIES FEDERAL AID URBAN
Varian ce- variance- ariance-
Favorable Favorable Favorable
Revenues: Budget Actual Unfavorable) Budget Actual (Unfavorable) Budget Actual Unfavorable)
Taxes f - S - $ - f - $ - $ - $ - $ - f -
Fines and forleW - - - - - - -Use of money and property - - - 210 75 (135) - - -
lntergovemmantal 11,e20 11,609 (11) - - - 1,212,360 800,996 (411.364)
Chargee for services - - - - - - - -
DevelopmemMes - - - 104,590 193,793 89,203 - -
Other
Total Revenues 11,620 11,609 (11) 104,800 193,868 89,068 1,212,360 800,996 411,364
Expenditures:
Currem:
General government - - - - - - -
Engineering and public works - - - 76,720 60,710 16,010 32,834 32,821 13
Community development - - - - - - - -
Community services - - - - - - - -
Public safety-Bre protection - - - - - -
Capital outlay 11,620 11,609 11 - 39,287 (39,287) 1,251,525 1,158,200 93,325
Debt service:
Principal - - - - -
Interest and fiscal charges
Total Expenditures 11,620 11,809 11 76,720 99,997 (23,277) 1,284,359 1,191,021 93,338
Excess of Revenues over
(under)Expenditures 28,080 93,871 65,791 (71,999) (390,025) 31( 8,026)
Other Financing Sources(Uses):
Operating transfers In - - - - - - - 113,351 113,351
Operating transfers out - - - - - - -
Bond defeasance -
Bond Proceeds
Sale of fixed assets
Total Other Financing
Sources(Uses) - - - 113,351 113,351
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) - - - 28,080 93,871 65,791 (71,999) (276,674) (204,675)
Adjustments:
To adjust for encumbrances 22,602 22,602 - 276,674 276,674
Excess of Revenues and Other Sources
over(under)Expenditures and Ocher
Uses(GAAP Basis) f S $ $ 28,080 S 116,473 $ 88,393 S (71,999) $ $ 71,999
Fund Balances:
Beginning of Fiscal Year-as previously reported S - $ - $ - f (10,737) $ (10,737) S - $ 315,651 $ 315,651 $
Restatements -
Beginning of Fiscal Year-as restated - (10,737) (10,737) - 315,651 315,651 -
Exoees of Revenues and Other Sources
over(under)Expenditures and Other
(hes(GAAP Bash) 28,080 116,473 88,393 (71,999) 71,999
End of Fiscal Year f S $ S 17,343 $ 105,736 $ 88.393 $ 243,652 $ 315,651 $ 71,999
68
CITY OF RANCHO CUCAMONGA Schedule 6
Page 5 of 9
COMBINING SCHEDULE OF REVENUES
EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL-(BUDGETARY BASIS)
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1993
COMMUNITY DEVELOPMENT BLOCK GRANT ASSESSMENT ADMINISTRATION SAN SEVAINE/ETIWANDA DRAINAGE
anance- adance- anence-
Favorable Favorable Favorable
Revenues: Budget Actual (Unfavorable Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Texas E - E - E - $ - S - $ - S $ _ $
Fines and IorteXa 7.790 - (7,790)
Use of money and property - -
Intergovernmental 921,390 521,475 (399,915) - - -
Chargesforservices
Development lees - - - 391,410 399,764 8.354 7,800 7,800
Other - - - - -
Total Revenues 921,390 521,4753( 99.915) 399,200 399.764 564 7,800 7,800
Expenditures:
Current: -
General government - - 369,462 351,475 17,987 - -
Engineering and public wods - > - -
Community development 306,499 241,216 65,283 -
Community services -
Public eatery-Bre protection - 301,18 - - _
Capital outlay 600.094 8 296.906 -
Debt service:
Principal
Interest and fiscal charges
Total Expenditures 906,593 542,404 364.189 369.462 351,475 17,987 -
Excess of Revenues over
(under)Expenditures 14,797 (20.929) (35.726) 29,738 48,289 18,551 7,800 7,800
Other Financing Sources(Uses): - -
Operatingtransfersln
Operating transfers out
Bond defeasance conn
Bond proceeds
Sale of fixed assets
Total Other Financing
Sources(Uses) - - -
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Basis) 14,797 (20,929) (35,726) 29,738 48,289 18,551 7,800 7,800 -
Ad)ustme1d$: - _ _
To adjust for encumbrances - 20,929 20.929 2.726 2,726
Excess of Revenues and Other Sources
over(under)Expenditures and Other -
uses(OMP Basis) S 14,797 S E 1�4,79 ) S 29.738 E 51,015 E 21,277 $ 7,800 $ 7,800 $
Fund Balances:
Beginning of Fiscal Year-ss previously reported $ - $ - $ - $ 53,847 $ 53,847 $ - $ 809,280 S 809,280 $
Restatements -
Beginning of Fiscal Year-as restated - - - 53,847 53,847 - 809.280 809,280
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) 14,797 - 1( 4.797) 29,738 51,015 21,277 7,800 7,800
End of Fiscal Year $ 14,797 $ $ (14.797) S 83,585 $ 104,862 $ 21,277 $ 817,080 $ 817,080 $
69
CITY OF RANCHO CUCAMONGA Schedule 6
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, 1993
813 140 SOBRIETY CHECKPOINT GRANT AIR QUALITY IMPROVEMENT -
erlwm Variance. Variance=
Favorable Favorable Favorable
Revenues: Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Taxes S E E E S $ $ E E
Fines and lodeite - - -Use of money and property 430 6,919 6,489 - - - 3,400 4,727 1,327
Intergovammentel 295.450 29,182 (288268) - 1,998 1,998 135,000 126,987 (8,013)
Chug"for services - - _
Development lees _ -
Other
Total Revenues -
295,880 36,101 59,779 1,998 1,998 1381400 131,714 (6,686)
Expenditures:
Current:
General gownrmerd - - - - - - 75,940 19,043 56,897
w 4,10 1
Engineering and public works 4,110 9 - - _ -
CommunKy,development - - - -2
-
sonAces
Public meet ry Bra protection 2.000 1.998 _
Capital outlet 291,342 119,589 171,753 - - - - -
Debt service:
Principal - -
Interest and Bscal chargee
Total Expenditures 295,452 123,698 171,754 2,000 1,998 2 75,940 19,043 56,897
Excess d Revenues over
(under)Expenditures 428 (87,597) 025 (2.000) 2,000 62,460 112,671 50,211
Other Finencinp Sources(Uses):
Operating transfers In - - - - - - -
Operatlrp transfers out - - - - -
Bond defeseance -
Bond proceeds
Sale of Pond sseee
Total Other Financing
Sources(Usss)
Excess of Ravenuss and Other Sources
over(under)Expenditures and Other
uses(Budgetary Basis) 426 (87,597) (88,025) (21000) - 2,000 62,460 112,671 50,211
Adjustments:
To adjust for encumbrances 2,487 2,487
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uvea(GAAP Base) $ 428 E (85,110) E (85,538) S (2,000) S $ 2,000 E 62,460 E 112,671 E 50,211
Fund Balances:
Beginning of Fecal Year-as previously reported E 278.888 E 276,886 S - s - S - E - $ 33,223 $ 33,223 $ -
Restetemerds
------
Beginning of Flecal Yw-as restated 278,886 278,886 - - - - 33,223 33,223 -
Fscess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) 428 (85,110) (85,538) (2,000) 2,000 62,460 112,671 50,211
End of Fiscal Year $ 279,314 E 193,776 S (85,538) S (2,0001 $ $ 2,000 $ 95,683 $ 145,894 $ 50.211 -
70
CITY OF RANCHO CUCAMONGA Schedule 8
Page 7 of 9
COMBINING SCHEDULE OF REVENUES
EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUALBUDGETARY BASIS)
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,1993
FETSIM GRANT SBA TREE GRANT FOOTHILL MARKETPLACE COMMUNITY
variance- ante- Variance-
Favorable Favorable Favorable
Revenues: Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Tuft $ - E - E - $ - E - $ - $ - E - E -
Fines and forfeits - - - - - - - -
Use of money,and property - - - - - - -
Intergovemmental 28,150 19,907 (8,243) 89,620 68,303 (21,317) - - -
Charges,for services _
Development fees - - - - - 20.000 20.000
Other
Total Revenues 28,150 19,907 (8,243) 89,620 68,303 (21,317) 20.000 20.000
Expenditures:
Current:
General government - - - - - - 20,000 19.001 999
Engineering and public works 25,620 17,753 7.867 89,620 68,303 21,317 - -
Community development - - - -
Community services
Public safety-fire protection - - - - - - -Capital-may 2,530 2,154 376 - - - - -
Debt service:
Principal - - - - - - -
Interest and fiscal charges
Total Expenditures 28,150 19,907 8,243 89,82(1 68,303 21,317 20.000 19,001 999
Excess of Revenues over
(under)Expenditures - 999 999
Other Financing Sources(Uses):
Operating transrem In - - - - -
Operating transient out
Bond deleeaence cosh
Bond proceeds
Sale of fixed asset -
Total Other Financing
Sources(Uses)
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budget y Best) - - - - - - 999 999
Adjustments:
To adjust for encumbrances 11,996 11.9w
-
Excess of Revenues and Other Sources
over(under)Expencif tures and Other
Uses(GMP Basis) E - E E $ - E E E E 12,995 $ 12,995
Fund Balances:
Beginning of Fiscal Year-es previously reported E - S - $ - E - S - E - S - E - E
Restatements
Beginning of Fiscal Year-as restated - - - - -
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GMP Basis)
12,995 12,995
End of Fiscal Year E E S E $ E $ E 12,995 E 12,995
71
CITY OF RANCHO CUCAMONGA Schedule e
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, 1993
SOUTH ETIWANDA DRAINAGE MASI COMMERCE CENTER MEASURE I
silence- Variance- anance-
Favorable Favorable Favorable
Revenues: Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Texas S - $ - S - E - E - E - E - S - E -
Flnes and forfeits - - - - - - - - -
Use of money and property - - - - - - 20,120 58,309 38.189
Intergovernmental - - - - - 709,940 828,914 118,974
Charges for services - - _ _ _
Development fees 22.000 20,000 (2.000) 38.450 26,586 (11.864) - -
Other
Total Revenues 22.000 20,000 (2,00(1) 38,450 26,586 (11,664) 730,060 887,223 157,163
Expenditures:
Current
General govemmem 22,000 16,522 3,476 38,450 26,586 11,664 - - -
Engineering and public world - - - - - - 134,438 134,436 2
Community development - - - - - - - -
Community services - - - - - - -
Public safely-fire protection - - - - - - - -Capital outlay - - - - - - 1,281,432 213,153 1,068,279
Debt service:
Principal - - - - - - - -
Interest and fiscal chargee
Total Expenditures 22,000 16,571 3,478 36,450 28,586 11,664 1,415,870 347,589 1,068,281
Excess of Revenues over
(under)Expenditures 1,476 1,476 - (685,810) 539,634 1,225,444
Other Financing Sources(Uses):
Operating sounders In - - - - - -
Operatlng transfers out
Bond defessence casts - - - - - - -
Bond Proceeds -
Sale of fixed asesh
Total Other Financing
Sources(Useel -
Excess of Revenues and Other Sources
over(under)Expenditures,and Other
Uses(Budgetary Basis) - 1,478 1,478 - - - (685,810) 539,634 1,225,444
Adjustments:
To adjust for encumbrarlces 10,586 10,568 13,293 13,293 49,597 49,597
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GMP Basis) E E 12,046 S 12,046 $ $ 13,293 E 13,293 S (665,810) $ 589,231 E 1,275,041
Fund Balances:
Beginning of Fled Year-as pwAously,reported S E - S - $ - $ - E $ 892,288 E 892,288 $ -
Resmtements -
Beginning of Flecal Year-as restated - - - - - - 692,288 892.288
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GMP Bash) 12,046 12,046 13,293 13,293 (685.810) 589,231 1,275,041 _
End of Fiscal Year E S 12,046 S 12,046 E E 13,293 E 13,293 S 206,476 S 1,481,519 $ 1,275,041
72
M r ■� I
CITY OF RANCHO CUCAMONGA Schedule 6
Page 9 of 9
COMBINING SCHEDULE OF REVENUES
EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL SPECIAL REVENUE FUNDS
OR THE FISCAL YEAR ENDED JUNE 30, 1993
T O T A L S-Year Ended June 30,
FIRE DISTRICT 11993 1992
Variance- ar ance-
Favorable Favorable
Revenues: Budget Actual (Unfavorable) Budget Actual (Unfavorable) Actual
Taxes $6,133,235 $6,703,956 S 570,721 E 10,834,015 E 11,619,177 E 985,162 E 10,213,752
Fines and forfeits 7,666 62,466 54,800 7,666 62,466 54.800 13,460
Use of money and property 194,469 299.435 104,966 413,739 779,508 365,769 773,026
Imergovemmental 1,586,184 1,587,439 1,255 6,825,814 5,930,167 (895,647) 5,523,506
Charges for services 126,866 128,886 2,020 905,366 868,027 (37,339) 853,287
Development fees - - - 1,857,900 2.016,608 158,708 2,628,104
12,03
Other 10,000 4 2,034 10,000 15,842 5,842 103,195
Total Revenues 8,058,420 8,794,216 735,796 20,654,500 21,491,795 637,295 20,308,330
Expenditures:
Current:
General government - - - 1,337,443 1,154,401 183,042 1,663,339
Engineering and public works - - - 2,230,469 2,181,032 49,437 1,782,546
Community development - - - 4,247,564 3,481,629 765,935 3,076,125
Community services -
821,403 752,441 68,962 1,124,264
Public safety-Bre protection 8,233,770 7,839,084 394,686 8,233,770 7,839,084 394,686 7,462,224
Capital outlay 278,850 157,031 121,819 6,670,298 3,650,646 3,019,652 4,160,125
Derinci al - - - 24,275 (24,275) 42,302
Interest and fiscal charges 75,000 81.941 16,941 75,000 94,265 (19,265) 116,605
Total Expenditures 6,587,820 8,088,056 499,564 23,615,947 19,177,773 4,438,174 19,427,530
Excess of Revenues over
(under)Expenditures (529,200) 706,160 1,235,360 (2,761,447) 21314,022 5,075,469 880,800
Other Financing Sources(Uses):
Operating transfers In 787,000 - (787,000) 787,000 3,166,608 2,379,608 2,250,855
Operating transfers out - - - (392,117) (392,117) - (2,255,594)
Bond deferesmoe cosh - - - - (3,053,257) (3,053,257) -
Bond proceeds - - - - 530,625
Say of feed asset' 187,500 187,500 - 187,500 187,500
Total Other Financing
Sources(Uses) 787,000 1871500 599,500 394,683 (91,266) (486.149) 525,886
Excess of Revenues and Otilot Sources
over(under)Expenditures and Other
Uses(Budgetary Beals) 257.800 893,660 635,860 (2,366,564) 2,222.756 4,589.320 1.406,686
Adjustments:
To adjust for encumbrancee 668,161 668,161 364,021
Excess of Revenues and Other Sources
over(under)Expenditures,and Other
Uses(GAAP Basle) S 257,800 $ 893,660 E 635,860 S (2.366,564) S 2,890,917 S 5,257,481 E 1,770,707
Fund Stilettoes:
Beginning of Fiscal Year-as previously reported $3,388,687 $3.388,687 $ - $ 15,340,394 $ 15,340,394 $ - $ 13,749,123
Resta(emente - - - - (179,436)
Beginning of Fiscal Year-a restated 3,388,687 3,388,687 - 15,340,394 15,340,394 - 13,569,687
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) 257,800 893,660 635.860 (2,366,564) 2,890.917 5,257,481 1,770,707
End of Fiscal Year $3,646,487 14,202.347 S 635,860 S 12.973,830 S 18,231,311 S 5,257,481 S 15,340,394
73
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DEBT SERVICE FUNDS
Central Park Acquisition Fund
To accumulate monies for payment of $6,390,000 Certificate of
Participation, California Cities Financing Corporation, 1988 Series B.
' Financing is provided through lease revenue from the City of Rancho
Cucamonga and investment income.
' Public Improvement Corporation Fund
To accumulate monies for payment of $2,875,000 Certificate of
' Participation, Rancho Cucamonga Park Improvement Corporation. Financing
is provided through lease revenue from the City of Rancho Cucamonga and
investment income.
Redevelopment Agency Fund
' To accumulate monies for payment of the following: $8,131,960 loans to
City of Rancho Cucamonga payable as funds become available to the Agency:
$107,780,000 Tax Allocation Bonds due in annual installments through
September 1, 2020. All tax increments received are placed in this fund and
' are used to retire debt (bonded or loans from the City) in accordance with
the Health and Safety Code.
1
1
CITY OF RANCHO CUCAMONGA Schedule 7
COMBINING BALANCE SHEET
ALL DEBT SERVICE FUNDS
JUNE 30,1993
Central Public TOTALS
Park Improvement Redevelopment June 30,
ASSETS Acquisition Corporation Agency 1993 1992
Cash and Investments $ $ $16,277,668 $16,277,668 $15,866,145
Cash and Investments with fiscal agent 1,458 288,207 6,259,127 6,548,792 7,726,445
Recetvables(net of allowance for uncollectibles):
Tales - - 293,119 293,119 232,145
Other - - 25,000 25,000 26,030
Due from other funds - - 378,027 378,027 97,859
Due from other governments 2,738 2,738
Total Assets $ 1,458 $288,207 $23,235,679 $23,525,344 $23,948,624
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable $ - $ - $ 18 $ 18 $ 52,920
Due to other funds - - 295,318 295,318 15,150
Due to other governments - 495,397 495,397 1,573,498
Total Liabilities 790,733 790,733 1,641,568
Fund Balances:
Unreserved:
Designated for debt service 1,458 288,207 22,444,946 22,734,611 22,307,056
Undesignated
Total Fund Balances 1,458 288,207 22,444,946 22,734,611 22,307,056
Total Liabilities and Fund Balances $ 1,458 $288,207 $23,235,679 $23,525,344 $23,948,624
74
CITY OF RANCHO CUCAMONGA Schedule e
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
ALL DEBT SERVICE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1993
Central Public TOTALS
Park Improvement Redevelopment Year ended June 30,
Acquisition Corporation Agency 1993 1992
Revenues:
Taxes $ - $ - $ 19,674,552 $ 19,674,552 $ 17,535,979 '
Use of money and property 5,665 9,840 524,930 540,435 1,219,127
Total Revenues 5,665 9,840 20,199,482 20,214,987 18,755,106
Expenditures:
Current:
General government - 2,260,304 2,260,304 89,781
Debt Service:
Principal - 255,000 4,968,685 5,223,685 11,492,388
Interest and fiscal charges 384 147,238 7,456,778 7,604,400 7,887,591
Bond defeasance costs 649,235 649,235
Total Expenditures 649,619 402,238 14,685,767 15,737,624 19,469,760
Excess of Revenues over
(under) Expenditures (643,954) (392,398) 5,513,715 4,477,363 (714,654)
Other Financing Sources(Uses):
Operating transfers In - 392,117 6,869,930 7,262,047 20,385,345
Operating transfers out - - (8,329,001) (8,329,001) (21,119,764)
Loan proceeds - 566,280 566,280 -
Miscellaneous (3,549,134) (3,549,134)
Total Other Financing
Sources(Uses) 392,117 (4,441,925) (4,049,808) (734,419)
Excess of Revenues and Other
Sources over(under)Expendi-
tures and Other Uses (643,954) (281) 1,071,790 427,555 (1,449,073)
Fund Balances:
Beginning of Fiscal Year-as previously reported 645,412 288,488 21,373,156 22,307,056 23,756,129
End of Fiscal Year(Schedule 7) $ 1,458 $ 288,207 $ 22,444,946 $ 22,734,611 $ 22,307,056
75
CITY OF RANCHO CUCAMONGA Schedule 9
COMBINING STATEMENT OV REVENUES,EXPENDITURES Page 1 of 2 .
AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
ALL DEBT SERVICE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,1993
CENTRAL PARK ACQUISITION PUBLIC IMPROVEMENT CORPORATION REDEVELOPMENT AGENCY
Variance- Variance- Variance-
Favorable Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Revenues:
Taxes $ $ - $ $ - $ - $ $19,316,930 $ 19,674,552 $ 357,622
Use of money and property 5,665 5,665 9,840 9,840 1,460,137 524,930 (935,207)
Total Revenues 5,665 5,665 9,840 9,840 20,777,067 20,199,482 (577,585)
Expenditures:
Current:
General government - - - - - - 3,685,239 2,260,304 1,424,935
Debt service:
Principal 1,090,000 - 1,090,000 255,000 255,000 - 6,551,025 4,968,685 1,582,340
Interest and fiscal charges 198,140 384 197,756 146,485 147,238 (753) 8,876,578 7,456,778 1,419,800
Bond defeasance costa 649,235 (649,235)
Total Expenditures 1,288,140 649,619 638,521 401,485 402,238 (753) 19,112,842 14,685,767 4,427,075
Excess of Revenues over
(under)Expenditures (1,288,140) (643,954) 644,166 (401,485) (392,398) 9,087 1,664,225 5,513,715 3,849,490
Other Financing Sources(Uses):
Operating transfers In - - - 392,117 392,117 - 7,456,778 6,869,930 (586,846)
Operating transfers out - - - - - (8,781,911) (8,329,001) 452,910
Loan proceeds - - - - - - 566,280 566,280
Miscellaneous (2,893,605) (3,549,134) (655,529)
Total Other Financing
Sources(Uses) 392,117 392,117 (4,218,738) (4,441,925) (223,187)
Excess of Revenues and Other
Sources over(under)
Expenditures and Other Uses $ (1,268,140) $ (643,954) $ 644,186 $ (9,368) $ (281) $ 9,087 $ (2,554,513) $ 1,071,790 $ 3,626,303
Fund Balances:
Beginning of Fiscal Year $ 645,412 $ 645,412 $ $ 288,488 $ 288,488 $ $21,373,156 $ 21,373,156 $
End of Fiscal Year S (642,726) $ 1,458 $ 644,186 $ 279,120 $ 288,207 $ 9,087 $18,818,643 $ 22,444,946 $ 3,626,303.
76
CITY OF RANCHO CUCAMONGA Schedule 9
Page 2 of 2,
COMBINING STATEMENT OF REVENUES,EXPENDITURES
AND CHANGES IN FUND BALANCES
BUDGETANDACTUAL
ALL DEBT SERVICE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,1993
T 0 T A L S-Year Ended June 30,
1993 1992
Variance-
Favorable
Budget Actual (Unfavorable) Actual
Revenues: ,
Taxes $ 19,316,930 $ 19,674,552 $ 357,622 $ 17,535,979
Use of money and property 1,460,137 540,435 (919,702) 1,219,127
Total Revenues 20,777,067 20,214,987 (562,080) 18,755,106
Expenditures:
Current:
General government 3,685,239 2,260,304 (1,424,935) 89,781
Debt service:
Principal 7,896,025 5,223,685 (2,672,340) 11,492,388
Interest and fiscal charges 9,221,203 7,604,400 (1,616,803) 7,887,591
Bond defeasance costs 649,235 649,235
Total Expenditures 20,802,467 15,737,624 (5,064,843) 19,469,760
Excess of Revenues over
(under)Expenditures (25,400) 4,477,363 4,502,763 (714,654)
Other Financing Sources(Uses):
Operating transfers In 7,848,895 7,262,047 (586,848) 20,385,345
Operating transfers out (8,781,911) (8,329,001) 452,910 (21,119,764)
Loan proceeds - 566.280 566,280 -
Miscellaneous (2,893,605) (3,549,134) (655,529) -
Total Other Financing
Sources(Uses) (3,826,621) (4,049,808) (223,187) (734,419)
Excess of Revenues and Other
Sources over(undeq
Expenditures and Other Uses $ (3,852,021) $ 427,555 $ 4,279,576 $ (1,449,073)
Fund Balances:
Beginning of Fiscal Year $ 22,307,056 $ 22,307,056 $ $ 23,756,129
End of Fiscal Year S 18,455,035 $ 22,734,611 $ 4,279,576 $ 22,307,056
77
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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 841 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 85-PD Fund
Established to account for the receipt and disbursement of funds used in the
' construction of two public parks: Heritage and Red Hill Community Parks
within the Parks and Recreation Improvement District No. 85-PD.
Financing was provided by the sale of 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, 1993
TOTALS
Assessment Districts Redevelopment June 30,
A S S E T S 82-1 R 841 842 86-2 85-PD 89-1 Agency 1993 1992
Cash and Investments $ 316,633 $ 2,029,710 $ 67,779 $322,205 $ - $ 135,596 $ 68,054,352 $ 70,926,275 $ 89,187,216
Cash and Investment with fiscal agent - - - - - _ - -
Investment-land held for resale - - - - - 10,924,968 10,924,968 6,459,841
Receivables(net of allowance for uncollectible): ,
Taxes - - - - - - 73,280 73,280 58,037
Accounts - - - - - 79,499 79,499 -
Interest 1,095 - - 250 163,605 164,950 412,586
Loan - - - - 506,500 506,500 408,000
Due from other funds - - - - - 242,384 242,384 34,215
Deposita - - - - - - 1,140,852 1,140,852 506,780
Advances to other funds 100,000 6,746,000 6,846,000 6,846,000
Total Assets $ 316,633 $ 2,130,805 $ 67,779 5322,205 $ $ 135,846 $ 87,931,440 $ 90,904,708 $103,912,675
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable $ 39,057 $ - $ 500 $ 116 $ - $ - $ 608,997 $ 648,670 $ 1,407,669
Accrued payroll payable 2,708 - 468 45 - - - 3,221 939
Deposita - - 3,864 - - - - 3,864 3,864
Due to other funds - 1,666,663 - 25,625 - 355,736 2,048,024 3,137,411
Due to other governments 198,812 198,812 191,937
Total Liabilities 41,765 1,666,663 4,832 25,786 1,163,545 2,902,591 4,741,820
Fund Balances:
Reserved for encumbrances 66,223 - - - - 2,502,074 2,568,297 16,546,577
Reserved for advances to other funds - 100,000 - - - - 6,746,OD0 6,846,000 6,846,000
Reserved for capital projects 89,650 - 36,000 - - 506,500 632,150 -
Reserved for land held for resale - - - - - 10,924,968 10,924,968 6,459,841
Unreserved: -
Designated for continuing projects - - - - - - 65,926,022 65,926,022 68,074,602
Undesignated 118,995 364,142 26,947 296,419 135,846 162,331 1,104,660 1,243,835
Total Fund Balances 274,868 464,142 62,947 296,419 135,846 86,767,895 88,002,117 99,170,855
Total Liabilities and Fund Balances $ 316,633 $ 2,130,805 $ 67,779 $322,205 $ $ 135,846 $ 87,931,440 $ 90,904,708 $103,912,675
78
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, 1993
TOTALS
Assessment Districts Redevelopment Year ended June 30,
Revenues: 62-1 R 841 84-2 862 85•PD 89-1 Agency 1 9 9 3 1992
Taxes T__- T - T_- T_- T_- $ - $ 4,918,638 $ 4,918,638 $ 4,955,941
Use of money and property 19,667 41,613 3,131 15,516 1,973 3,298 4,460,492 4,545,890 6,120,884
Intergovernmental 280,148 280,148 487,460
Total Revenues 19,867 41,613 3,131 15,516 1,973 3,298 9,659,278 9,744,676 11,564,285
Expenditures:
Current:
General government - - - - - 4,084,009 4,084,009 3,482,624
Engineering and public works 52,005 - 989 22,332 650 103,052 179,028 3,924,D67
Community development - - - - - - - 98,367
Capital outlay 117,171 - - - - - 20,902,016 21,019,187 18,324,029
Debt service:
Principal - - - - - - - 709,900
Interest and fiscal charges 1,476,692 1,476,692 1,056,036
Total Expenditures 169,176 989 22,332 650 26,565,769 26,758,916 27,595,023
Excess of Revenues over
(under)Expenditures (149,309) 41,613 2,142 (6,816) 1,973 2,648 _ (16,906,491) (17,014,240) (16,030,738)
Other Financing Sources(Uses):
Operating transfers In - - - - - - 14,890,071 14,890,071 20,066,804
Operating transfers out - - - - - (16,484,257) (16,484,257) (16,945,576)
Bond proceeds - - - - - - 3,757,072
Costs of issuance - - - - (95,613)
Loan proceeds - - - - - 8,742,402 8,742,402 12,703,549
Contributions to other funds - - - (45,025) - (45,025) -
Miscellaneous (1,257,689) (1,257,689) 31,505
Total Other Financing
Sources(Uses) - 4( 5,025) 5,890,527 5,845,502 17,517,741
Excess of Revenues and Other
Sources over(under)Expendi-
tures and Other Uses $ (149,309) $ 41,613 $ 2,142 $ (6,816) $ 4( 3,052E $ 2,648 $ (11,015,964) $ (11,168,738) $ 1,487,003
Fund Balances:
Beginning of Fiscal Year-as previously
reported $ 424,177 $ 422,529 $ 60,805 $ 303,235 $ 43,052 $ 133,198 $ 97,783,859 $ 99,170,855 $ 97,686,158
Restatements (2,306)
Beginning of Fiscal Year-as restated 424,177 422,529 60,805 303,235 43,052 133,198 97,783,859 99,170,855 97,683,852
Excess of Revenues and Other
Sources over(under)Expendi-
tures and Other Uses (149,309) 41,613 2,142 (6,816) 4( 3,052) 2,648 (11,015,964) _ (11,168,738) 1,487,003
End of Fiscal Year(Schedule 10) $ 274,868 $ 464,142 $ 62,947 $ 296,419 $ $ 135,846 $ 86,767,895 $ 88,002,117 $ 99,170,855
79
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, 1993
ASSESSMENT DISTRICT 82-1 R ASSESSMENT DISTRICT 841 ASSESSMENT DISTRICT 84-2
arante- Variance- Variance-
Favorable Favorable Favorable
Revenues: Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Taxer $ - S - S - E E - E - E - E - $ -
use of nary and property 14,000 19,867 5,867 80,000 41,613 (18,387) 810 3,131 2,321
Intergovernmental
Toted Revenues 14,000 19,867 5,867 80,000 41,613 (18,387) 810 3,131 2,321
Expenditures:
Current:
General government - - - _ _ _ - .
Engineering and pudic works 52,188 52,005 193 - - - 51,120 989 50,131
Community development - - - - - - -
Capital outlet' 300,252 193,394 116.858
Debt rervlce:
Principal - - - - -
Interest and fiscal chargee
Total ExperWlalroa 352,440 235,399 117,041 51,120 989 50,131
Excess of Revenues over
(under)ExpendWirer (338,440) (215,532) 122,908 60,000 41.613 (18,387) (50,310) 2,142 52,452
Other Financing Sourer s(Uses):
Operating transfers In - - -
Operating tra ndere out
Bond proceeds
Cort of Issuance
Loan proceeds
Contributions to other funds
Miscellaneous
Toted Other Financing
Sources(Uses) - -
Excess of Revenues,and Other Sources
over(under)Expenditures and Other
Uvea(Budgetary Beals) (339,440) (215,532) 122,908 60,000 41,613 (18,387) (50,310) 2.142 52,452
Adjustments:
To adjust for encumbrances 86,223 66,223
Excess of Revenues,and Other Sources
over(under)Expenditures and Other
Uses(GAAP Basis) 5339.440 5 (149,309) 5189,131 E 60,001) S 41,613 S (10,387) E (50,310) S 2,142 E 52,452
Fund Balances:
Beginning of Fisted Year,•as previously
reported $ 424,177 E 424,177 E - $ 422.529 E 422,529 E - $ 60,805 E 60.805 $Restatements _ _
Beginning of Fecal Year-as restated 424,177 424,177 - 422,529 422,529 - 60,805 60,805 -
Excess of Reverluea and Other
Sources over(under)EgreMl-
Wresand Other Uvea (338,440) 149,309 189,131 60,000 41,613 (18,387) (50,310) 2,142 52,452
End of Fiscal Year E 85,737 $ 274,868 E 189,131 E 482,529 E 464,142 1__118.3871 E 10,495 E 62,947 E 52,452
s0
r
CITY OF RANCHO CUCAMONGA Schedule 12
Page 2 of 3
COMBINING SCHEDULE OF REVENUES
EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL(BUDGETARY BASIS)
ALL CAPITAL PROJECTS FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1993
ASSESSMENT DISTRICT 862 ASSESSMENT DISTRICT 85-PD ASSESSMENT DISTRICT 89-1
Varian ee- Variance- Variance-
Favorable Favorable Favorable
Revenues: Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Urdavorable)
Taxes E . $ - E - E - E - $ - S - $ - $ -
Use of money and property 4,500 15,516 11,016 1,210 1,973 763 4,480 3,298 (1,182)
hdergova nmenlal
Total ibvenues 4,500 15,516 11,016 1,210 1,973 763 4,480 3,298 (1,182)
Expenditures: -
Current:
General government
Engineering and pudic works 65,410 22,332 43,078 - - - 650 650 -
Community development - - - - - - -
Capital outlay
Debt service:
Principal
Interest and fecal chargee 7 -
Total Expenditures 65,410 22,332 43,078 - 650 650 -
Excess of Revenues over
(under)Expenditures (60,910) (6,816) 54,094 1,210 1,973 763 3,830 2,648 (1,182)
Other Financing Sources(Uses):
Operating transfers In
Operating tandem out
Bond proceeds
Cost of Issuance
Lown proceeds - - - - -
Contributions to other funds - - - (45,025) (45,025)
Miaoellaneous - -
TotalOtherFinancing
Sources(Uses) (45,025) (45,025)
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Beats) (60,910) (6,816) 54,094 1,210 (43.052) (44.262) 3,830 2,648 (1,182)
Ad)uslmsMe:
To adjust for erwumbmnces - -
Exome of Revenues and Other Sources
over(under)Expenditures and Other
Uses(GMP Basis) $ (60910) E (6,816) E 54.094 E 1,210 E (43,052) E (44,262) S 3,830 S 2,648 E 1,182
Fund Balances:
Beginning of Flecal Year-as previously
reported E 303,235 E 303.235 E - $ 43,052 $ 43,052 E - $ 133,198 E 133,198 $
Restatements
Beginning of Fiscal Year-ee resteted 307,235 303,235 - 43,052 43,052 - 133,198 133,198 -
Exoes a of Revenues and Other
Sources over(under)Expendi-
hat and Other Uses (80,910) (6,816) 54,094 1,210 (43,052) (44,262) 3010 2,648 1,182
End of Fiscal Year E 242,325 f 296,419 E 54,094 E 44,262 EE (44,262) $ 137,028 S 135,846 S 1,182
81
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, 1993
T O T A L S-Year Ended June 30,
REDEVELOPMENT AGENCY 1993 1992
Variance- Variance-
Favorable Favorable
Revenues: Budget Actual (Unfavorable) Budget Actual (Unfavorable) Actual
Taxes E 4,793,136 E 4,918,638 E 125.502 E 4,793,136 E 4,918,638 E 125,502 E 4,955,941
Use of money and property 4,460,492 4,460,492 85,000 4,545,090 4,460,890 6,120,884
Intergovernmental 280,148 280,1411_ 280,148 280,148 487,460
Total Revenues 4,793,136 9,659,278 4,866,142 4,878,136 9,744,676 4,868,540 11,564,285
Expenditures:
Current:
General govemmerd 5,288,961 4,386,015 902,946 5,288,961 4,386,015 902,946 3,741,952
Engineering and public eorle, 3,843,843 103,052 3,740,791 4,013,211 179,028 3,834,183 4,579,211
Community development - - - - - - 98,367
Capital outlay 28,922,043 23,102,084 3,820,559 27,222,895 23,285,478 3,937,417 33,956,134
DebteerAw
Principal 8,815.773 - 8.615,773 8,615,773 - 8,615,773 709,90U
IMereet and fiscal charges 135,000 1,476,692 (1,341.692) 135,000 1,476,692 (1,341,692) 1,056,036
Total Expenditures 44,806,220 29,057,843 15,738,377 45,275,840 29,327,213 15,948,627 44,141,600
Excess of Revenues over
(under)Expenditures (40,013,084) (19,408,565) 20,601,519 (40,397,704) (19,582,537) 20,815.167 (32,577,315)
Other Financing Sources(Uses):
Operating transfers in 1,193,654 14,890,071 13,696,417 - 14,890,071 14,890,071 20,066,804
Operating transfers out (13.813,141) (16.484,257) (2,671,116) (13,813,141) (16,484.257) (2,671,116) (18,945,576)
Bond proceeds - - - - - - 3,757,072
Cwt of Issuance - - - - - - (95,613)
Loan prooseds 5,699,841 8,742,402 3,042.561 5.699,841 8,742,402 3,042,561 12,703,549
Contributions to other funds - - - - (45.025) (45.025) -
Mhwllaneous 9,484,338 (1,257.689) (10,742,027) 9,484,338 (1,257,689) (10,742,027) 31,505
Total Ober Financing
Sources(Uses) 2,564,692 5,890,527 3,325,835 1,371,038 5,845,502 4,474,464 17,517,741
Excess of Revenues and Other Sources
over(under)Expenditures and Other
Uses(Budgetary Bash) (37,448.392) (13,518,036) 23,930,354 (39,026,666) (13,737,035) 25,289,631 (15,059,574)
Ad)ustmefds:
To adjust for encumbrances 2,502,074 2,502,074 2,560,297 2.568.297 16,546,577
Excess of Revenues and Other Sources
over(under)Evenditures and Other
uses(GAAP Bash) E (37,448,392) S(11,015,964) E 26,432,428 S 21,026,6661 E (11,168,738) S 27,857,928 E 1,487,003
Fund Balances:
Beginning of Fowl Year-as previously
reported E 97,783,859 $ 97,783,859 E E 99,170,855 E 99.170,855 $ - S 97,686,158
Restatements (2,306)
Beginning of Fiscal Year-as restated 97,783,859 97,783,859 - 99,170,855 99,170,855 - 97,683,852
Excess of Revenues and Other
Sources over(under)Expendl-
nim and Other Uses (37,448,392) (11,015,964) 26,432,428 (39,026,666) (11,168,738) 27,857,928 1,487,003
End of Fiscal Year E 60.335,467 $ 86,767,895 E 26.432.428 S 60,144,189 S 88,002,117 E 27,857,928 $ 99,170,855
82
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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-IR 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.
Assessment District 841 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 842 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-PD Fund
Established to account for assessments received under the Improvement
Bond Act of 1915 and Landscape/Lighting Act of 1972. Assessments
received are restricted for payment of principal, interest, 4lnd penalties
' thereon, upon presentation of proper coupons.
Assessment District 88-2 Fund '
Established to account for monies deposited by the developers for future
construction within the Assessment District 88-2. '
Assessment District 89-1 Fund
Established to account for assessments received under the Improvement
Bond Act of 1915. Assessments received are restricted for payment of
principal, interest, and penalties thereon, upon presentation of proper ,
coupons.
1
CITY OF RANCHO CUCAMONGA Schedule 13
COMBINING BALANCE SHEET
ALLAGENCY FUNDS
JUNE 30,1993
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-PD 88-2 89-1 1993 1992
Cash and investments $ $ 2,582,260 $ 1,299,983 $ 1,324,511 $ 336,854 $ 399,238 $ 977,628 $ 948,755 $ 845,379 $ 8,714,608 $10,209,158
Restricted cash 6,890,428 - - - - - - - 6,890,428 6,817,690
Receivables(net of allowance for uncollectibles):
Accounts - - - - - -1'�
Interest - - - - - - 12,688 12,688 15,216
Taxes - - 12,160 - 17,001 2,027 21,269 2,914 - 55,371 71,428
Due from other funds 49,016 49,016 94,100
Total Assets $ 8,890,428
.L2 $ 1,312,143 $ 1,324,511 $ 353,855 $ 450,281 $ 998,897 L951 L858 11171111 $17,208,592
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable $ 24,078 $ $ $ $ - $ - $ 144,122 $ - $ - $ 168,200 $ 32,416
Accrued payroll payable - - - - - 9,536 - - 9,536 7,431
68
Deposits 8,8 ,350 - - - - 6,866,350 6,829,694
Due to other funds - - - - 356,652 - 358,652 90,452
Deferred compensation payable - 2,582,260 - - - - - 2,582,260 2,224,046
Bond Indenture reserve requirement - - 476,900 - 171,679 205,934 125,000 - 478,067 1,457,580 3,237,624
Payable to trustee 835,243 1,324,511 182,176 244,347 720,239 593,017 380,000 4,279,533 4,786,929
Total Liabilities $ 6,890,426 $ 2,562,260 11312 143 $ 1,324,511 $ 353,855 A-4-50 281 $ 998,897 $ 951,669 $ 856,067 $15,722,111 $17,208,592
83
CITY OF RANCHO CUCAMONGA Schedule 14
Page 1 of 3
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
ALL AGENCY FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1993
Balance Balance
July 1,1992 Additions Deletions June 30,1993
SPECIAL DEPOSITS
Assets:
Restricted cash $ 6,817,690 $ 629,952 $ 557,214 $ 6,890,428
Accounts receivable 1,000 - 1,000 -
Due from other funds 11,004 11,004
Total Assets $ 6,829,694 $ 629,952 $ 569,218 $ 6,890,428
Liabilities:
Accounts payable $ - $ 24,078 $ - $ 24,078
Deposits 6,829,694 605,674 569,218 6,866,350
Total Liabilities $ 6,829,694 $ 629,952 $ 569,218 $ 6,890,428
DEFERRED COMPENSATION
Assets:
Cash and Investments $ 2,224,046 $ 575,251 $ 217,037 $ 2,582,260
Liabilities:
Deferred compensation payable $ 2,224,046 $ 575,251 $ 217,037 $ 2,582,260
ASSESSMENT DISTRICT 82-1 R
Assets:
Cash and investments $ 2,216,683 $ 1,187,549 $ 2,104,249 $ 1,299,983
Taxes receivable 5,496 12,160 5,496 12,160
Total Assets $ 2,222,179 $ 1,199,709 $ 2,109,745 $ 1,312,143
Liabilities:
Bond Indenture reserve requirement $ 178,837 $ 298,063 $ - $ 476,900
Payable to trustee 2,043,342 1,199,709 2,407,808 835,243
Total Liabilities $ 2,222,179 $ 1,497,772 $ 2,407,808 $ 1,312,143
ASSESSMENT DISTRICT 841
Assets:
Cash and Investments $ 2,008,527 $ 936,211 $ 1,620,227 $ 1,324,511
Taxee receivable 3,099 3,099
Total Assets $ 2,011,626 $ 936,211 $ 1,623,326 $ 1,324,511
Uablittles:
Bond Indenture reserve requirement $ 1,653,000 $ - $ 1,653,000 $ -
Payable totrustee 358,626 2,258,722 1,292,837 1,324,511
Total Liabilities $ 2,011,626 $ 2,258,722 $ 2,945,837 $ 1,324,511 .
84
CITY OF RANCHO CUCAMONGA Schedule 14
Page 2 of 3
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
ALL AGENCY FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,1993
Balance Balance ..
July 1, 1992 Additions Deletions June 30,1993
ASSESSMENT DISTRICT 842
Assets:
Cash and Investments $ 322,549 $ 201,061 $ 186,756 $ 336,854
Taxes receivable 10,255 11,991 5,245 17,001
Total Assets $ 332,804 $ 213,052 $ 192,001 $ 353,855
Usblll0es:
Bond indenture reserve requirement $ 171,679 $ - $ - $ 171,679
Payable to trustee 161,125 213,052 192,001 182,176
Total Liabilities $ 332,804 $ 213,052 $ 192,001 $ 353,855
ASSESSMENT DISTRICT 862
Assets:
Cash and Investments $ 542,245 $ 285,444 $ 428,451 $ 399,238
Taxes receivable 2,900 2,027 2,900 2,027
Due from other funds 49,016 49,016
Total Assets $ 594,161 $ 287,471 $ 431,351 $ 450,281
Usblllliss:
Bond Indenture reserve requirement $ 205,934 $ $ $ 205,934
Payable to trustee 388,227 287,471 431,351 244,347
Total Liabilities $ 594,161 $ 287,471 $ 431,351 $ 450,281
ASSESSMENT DISTRICT 85-PD
Assets:
Cash and Investments $ 1,086,573 $ 1,883,410 $ 1,992,355 $ 977,628
Taxes receivable 43,628 21,269 43,628 21,269
Due from other funds 34,080 34,080
Total Assets $ 1,164,281 $ 1,904,679 $ 2,070,063 $ 998,897
Liabilities:
Accounts payable $ 30,227 $ 144,261 $ 30,366 $ 144,122
Accrued payroll payable 7,431 9,536 7,431 9,536
Bond Indenture reserve requirement 550,107 125,000 550,107 125,000
Payable to trustee 576,516 1,625,882 1,482,159 720,239
Total Uabilkles $ 1,164,281 $ 1,904,679 $ 2,070,063 $ 998,897
85
CITY OF RANCHO CUCAMONGA Schedule 14
Page 3 of 3
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
ALL AGENCY FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,1993
Balance Balance
ASSESSMENT DISTRICT 88.2 July 1,1992 Additions Deletions June 30,1993
AsaMs:
Cash and investments $ 774,644 $ 690,123 S 516,012 $ 948,755
Taxes receivable 6,050 2,914 6,050 2,914
Total Assets $ 780,694 $ 693,037 $ 522,062 $ 951,669
UabllRles:
Accounts payable $ 2,189 $ - $ 2,189 $
Due to other funds 90,452 358,652 90,452 358,652
Payable to trustee 688,053 334,385 429,421 593,017
Total Liabilities $ 780,694 $ 693,037 $ 522,062 $ 951,669
ASSESSMENT DISTRICT 69.1
Assets:
Cash and Investments S 1,033,891 $ 230,390 $ 418,902 $ 845,379
Interest receivable 15,216 12,688 15,216 12,688
Total Assets $ 1,049,107 $ 243,078 $ 434,118 $ 858,067
Usbllldes:
Bond Indenture reserve requirement $ 478,067 $ - $ - $ 478,067
Payable to trustee 571,040 243,078 434,118 380,000
Total Liabilities $ 1,049,107 $ 243,078 $ 434,118 $ 858,067
TOTALS-ALL AGENCY FUNDS
Assets:
Cash and Investments $ 10,209,158 $ 5,989,439 $ 7,483,989 $ 8,714,6D8
Restricted cash 6,817,690 629,952 557,214 6,890,428
Accounts receivable 1,000 - 1,000 -
Interest receivable 15,216 12,688 15,216 12,688
Taxes receivable 71,428 50,361 66,418 55,371
Due from other funds 94,100 45,084 49,016
Total Assets $ 17,208,592 $ 6,682,440 $ 8,166,921 $ 15,722,111
Uebf[Mes:
Accounts payable $ 32,416 $ 168,339 $ 32,555 $ 168,200
Accrued payroll payable . 7,431 9,536 7,431 9,536
Deposits 6,829,694 605,874 569,218 6,866,350
Due to other funds 90,452 358,652 90,452 358,652
Deterred compensation payable 2,224,046 575,251 217,037 2,582,260
Bond Indenture reserve requirement 3,237,624 423,063 2,203,107 1,457,580
Payable to trustee 4,786,929 6,162,299 6,669,695 4,279,533
Total Liabilities $ 17,208,592 $ 8,303,014 $ 9,789,495 $ 15,722,111
86
(n -Im (nuDD 0mX - 'n r- > mmzmo
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CITY OF RANCHO CUCAMONGA Schedule 15
STATEMENT OF GENERAL FIXED ASSETS
JUNE 30,1993
TOTALS
1993 1992
General Fixed Assets:
Land $ 43,470,256 $ 42,093,493
Building Improvements 45,066,816 36,580,786
Improvements other than buildings 55,711 55,711
Equipment and vehicles 9,850,703 9,627,411
Furniture and fixtures 3,107,170 3,035,664
Construction In progress 23,804,611 17,417,445
Total General Fixed Assets $125,355,267 $108,810,510
,
Investment In General Fixed Assets $125,355,267 $108,810,510
87
CITY OF RANCHO CUCAMONGA Schedule 16
SCHEDULE OF GENERAL FIXED ASSETS
BY FUNCTION AND ACTIVITY
JUNE 30, 1993
Improvements Equipment Furniture
Buildings other than and and
Function and Activity Land Improvements Buildings Vehicles Fixtures Total
General Government:
CRY manager $ $ - $ $ 21,091 $ 619 $ 21,710
Personnel - 9,182 2,214 11,396
City clerk - - - 80,659 9,098 89,757
Administrative services - - 291,571 8,709 300,280
Planning - - - 186,713 6,487 193,200
Building and safety - - - 150,834 4,266 155,100
General city facilities 688,152 8,523,075 - 728,380 103,158 10,042,765
Assessment administration 9,789 - 418,504 710 429,003
Total 688,152 8,532,864 1,886,934 135,261 11,243,211
Public Safety 275,091 6,265 281,356
Engineering and Public Works 454,402 641,539 2,452,963 7,960 3,756,864
Community Services 28,567,940 7,940,601 199,192 283,514 36,991,247
Communtty Redevelopment 13,744,250 26,902,970 55,711 2,752,729 2,674,170 46,129,830
Fire Protection 15,512 848,842 2,283,794 3,148,148
Total General Fbsed Assets
Allocated to Functions 43,470,256 45,066,816 55,711 9,850,703 3,107,170 101,550,656
Construction In Progress 23,804,611
Total $ 125,355,267
38
STATISTICAL SECTION
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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 Goverment Safety Public Works Development Services Fire Protection Service Outlay Total
1983-84 1,814,653 2,922,292 - 4,525.590 387,230 - 1,727.809 2,490,634 13,868,208
1984-85 2,257.929 3,417,999 - 7.882,070 495.120 - 3.177,404 393,882 17,624,404
1985-86 3,994,845 4,140,150 - 15,071,893 1,831,248 - 3,038,650 31,898 28,108.684
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
1988-89121 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
(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
89
EBIDBIT 2
CITY OF RANCHO CUCAMONGA
GENERAL GOVERNMENT REVENUE HY SOURCE(1)
Last Ten Fiscal Yeah►
Fiscal Taus of Licenses Q Inter- Charges for Use of Money Fines R Development
Year Assessments Permits govermental Services and Property Forfeitures Fees Other Total
1983-84 5,440,863 1.302,362 3,014,847 4,779,923 1,198,562 115,272 2,030.281 17,882.110
1984-85 6,814,554 3,328,761 4,108,452 4,459.816 1,888,460 147,100 - 134.498 20,881,641
1985-86 12,326,906 3,833,519 3,891,343 2,372,990 3,735,938 147,743 7,085.930(3) 485,614 33,879,983
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
(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.
(3) Classifled as Charges for Services prior to fiscal year 1985-86.
Source: Annual Audit Report
90
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EXHIBIT 3
CITY OF RANCHO CUCAMONGA
ASSESSED VALUATION OF ALL CITY PROPERTY
Last Ten Fiscal Years
Fiscal Secured Public Total Unsecured Fun Cash Property Homeowners Business Net Taxable
Year Property Utility Secured Property Total Value Expemtions Exemption Invent Exmpt Value
1983-84 1,567,696,310 202,136,680 1,769,832,990 114,035,078 1,883,868,068 1,883,868,068 9,861,572 83,443.173 - 1,790,563,323
1984-85 1,598,947,266 208.023,560 1,806.970,826 112,420,166 1,919,390,992 1,919,390,992 9,586,512 85.013,309 - 1,824,791,171
1985-86 1,853,061,958 212,438,710 2,065,500,668 103,129,894 2,168,630,562 2,168,630,562 11,199,039 88,979,788 - 2,068,451,735
1986-87 2,678,753,824 311,258,610 2,990,012,434 151,427,130 3,141,439,564 3,141,439,564 - (1) 95,133,356 - 3,046,306,208
1987-88 3,276.453,488 311,545,190 3,587,998,678 175,043,138 3,763,041,816 376,041,816 - (1) 102,509,009 - 3,660,532,807
1988-89 3,842,089,811 6,603,300 3,848,653,111 212,624,063 4,061,317,174 4,061.317,174 - (1) 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 - (1) 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 - (1) 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 - (1) 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 - (1) 137,890,350 - 6,729,196.005
Note: Assessed valuation is based on 100 percent of full market value.
(1) New report format for the County of San Bernardino precludes this category.
Source: County of San Bernardino Auditor-Controller
91
ESIIIBlT 4
CITY OF RANCHO CUCAMONGA
PROPERTY TAR LEVIES AND COLLECTIONS
Fiscal Total Tax Total Tax Percent of Levy
Year Levy Collection Collected
1983-84 867,949 762,595 88
1984-85 931,859 942,701 101
1985-86 1,007,000 943,700 94
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
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
92
EXHIBIT 5
CITY OF RANCHO CUCAMONGA
DIRECT AND OVERLAPPING PROPERTY TAR RATE
Last Ten Fiscal Years
Chino Basin City of 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
1983-84 0.0732 1.000 .0184 .0258 .0113 .0493 1.1780
1984-85 0.0539 1.000 .0121 .0174 .0099 .0493 1.1426
1985-86 0.0394 1.000 .0106 .0164 .0087 .0493 1.1244
1986-87 0.0361 1.000 .0111 .0148 .0071 .0493 1.1184
1987-88 0.0471 1.000 .0145 .0164 .0066 .0493 1.1339
1988-89 0.0407 1.000 .0141 .0110 .0046 .0493 1.1197
1989-90 0.0435 1.000 .0164 .0121 .0038 .0493 1.1251
1990-91 0.0566 1.000 .0156 .0097 .0033 .0493 1.1345
1991-92 0.0454 1.000 .0168 .0089 .0030 .0493 1.1234
1992-93 0.0352 1.000 .0168 .0089 .0028 .0493 1.1130
Assessed valuation of property is stated at 100% of market value.
Source: County of San Bernardino Auditor-Controller
93
EXMMIT 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 Delinquent Assmts.
1983-84
1984-85 - - - -
1985-86 [11 2,796,594 2,770,682 99.07% 25,912
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°x6 71.428
1992-93 4,293,316 4,237,963 98.71% 55,353
(1) Formation of Special Assessment Districts
Source: Finance Division, Resource Center
94
CITY OF RANCHO CUCAMONGA
Special Assessment Collections
Assorts. Assails. i Total
Col lectedAssessments
99% Oulsi�ding $4,293,316
FISCAL YEAR 1992 / 93
EI[H1=7
CrrT OF RANCHO CUCAMONGA
DIRECT AND OVERLAPPING BONDED DEBT
1992-93 Assessed Valuation: 86.867.086.356
DIRECT AND OVERLAPPING BONDED DEBT: %Applicable Debt 6/30/93
San Bernardino Co. Building Authorities 7.714 % $44.532,675
San Bemardino Co. Free Library Authoority 10.541 37.421
Metropolitan Water District 0.550 3.680.875
Chino Basin Mun. Water Dist. Certs. of Participation 18.589 4,707.664
Chino Basin Mun. Water Dist.Authority 18.589 299,283 Direct Debt 0.13%
Chaffey Jt. Union H.S. Dist.-Certs of Participation 37.802 3,252,862 Total Gross Debt 3.01%
Alta Loma School District 98.533 3,946,247 Total Net 3.01%
Central School District 98.051 19,036,602
Cucamonga School District& C.O.P. 74.319& 40.405 7,069,671
Cucamonga County Water District 89.200 655.620 SHARE OF AUTHORIZED AND UNSOLD BONDS:
Cucamonga County Water District, I.D. #1963-1 94.069 230,469 Metropolitan Water District $275,000
Cucamonga County Water District, I.D. #5 95.373 3,752.928 Alta Loma School District $6,005,586
Rancho Cucamonga Redevelopment Agency 100.000 107,780.000 Cucamonga School District $303,038
Ettwanda School Dist. Certs.of Participation 84.796 487.577
Etiwanda School Dist. Community Facilities Dist. #1 100.000 7.060.000
Other School Dist. &Certs. of Participation Various 227.167 STATE SCHOOL BUILDING AID
City of Rancho Cucamonga-Certs. of Participation 100.000 1.940,000 REPAYABLE AS OF 6/30/93: $7.219,823
City of Rancho Cucamonga Cmnty. Fac. Dist. #84-1 100.000 15,685,000
City of Rancho Cucamonga 1915 Act Bonds 100.000 10,025,673
TOTAL DIRECT& OVERLAPPLING BONDED DEBT $234.407.734
Source: Califomla Municipal Statistics, Inc.
96
EXHIBIT 8
CITY OF RANCHO CUCAMONGA
Legal Debt Margin
(General Obligation Bonds)
June 30, 1993
Assessed valuation $6,861,086,355
Debt limit - 1546 of assessed valuation $1,030,062,953
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 $1,030,062,953
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.
97
EXHIBIT 9
CITY OF RANCHO CUCAMONGA
BUHMING PERMITS
Number of Permits Issued
1983-84 198488 1985-86 1986-87 1987-88 1988-89 1989-90 1990-91 1991-92 1992-93
July 669 1,102 993 1,773 1,425 1,232 428 418 278 326
August 831 543 726 1,587 1,769 1,751 459 327 262 230
September 701 778 741 1,064 1,547 1,373 351 192 248 245
October 785 665 1,149 2,219 1,084 1,941 512 328 284 268
November 456 541 676 1,126 837 1,470 358 274 200 255
December 283 437 1,007 1,289 848 1,068 268 303 195 223
January 387 918 871 1,742 973 1,448 337 228 171 182
February 533 879 888 1,455 1,246 1,167 359 317 243 149
March 470 1,122 1,033 1,775 1,820 1,689 410 257 295 298
April 475 1,106 1,736 1,468 1,225 1,649 396 335 231 315
May 1,130 980 1,389 1,294 1,708 1,927 372 313 274 262
June 1,429 1,005 1,720 1,577 1,981 1,964 408 312 365 385
TOTAL 8,149 10,076 12,929 18,369 16,463 18,679 4,658 3,604 3,046 3,138
Source: Buffding and Safety Division
98
CITY OF RANCHO CUCAMONGA
Building Permits
Thousands
20 i
15
10
5
J
1983-84 84-85 85-88 88-87 87-88 88-89 89-90 90-91 91-92 1992-93
Fiscal year
Na.Ot Permits Issuetl
EXHIBIT 10
CITY OF RANCHO CUCAMONGA
CONSTRUCTION ACTIVITY
BUILDING PERMIT VALUATION
1983-84 1984-85 1985-86 1986-87 1987-88 1988-89 1989-90 1990-91 1991-92 1992-93
July 16,930,707 23.038,404 19,693,799 41,935,297 26.616.322 19,353,555 10.089.602 23,599,548 2.918.819 11.119,619
August 5,020.250 9,800.414 10.733,282 22.952,820 42,574.167 30.200,101 23,460.230 14.593,530 2,505,876 3.640,314
September 3,937.212 12,394,158 10.170.567 24,218,811 31,918,086 24,268.160 22,479.041 2,350,284 4,577,135 5,611,615
October 5,499.104 7,520,086 24.441.420 9.885,316 20,870,494 48,782,828 23.647.235 7.727.450 6,382,558 3,630.620
November 12,439.028 10,131.349 12.130.504 14,416,666 24,547,794 17.614,217 11,332,216 5.654,369 2,436,103 7.572,750
December 4,410,307 34.605,218 27.198,114 25.215,286 12,117,584 16.056.186 10,147,202 23,805,734 7,140,379 2,843,800
January 6,725,715 19,387,782 18,631.075 30,521.731 17.568,702 24,774,598 15,816.216 10.283,180 8,374,060 8.407,509
February 13,483,350 10.487.888 19,694.626 12,217.137 31.608,519 38,792,235 23,738.389 7.041,748 5,401,851 1,899,579
March 20,793,466 15,417.025 68.128.752 33.979,691 43,663,631 47,229,360 16,484.505 13,445.250 5.561,660 8.499,799
April 8.471,885 31,011.776 46.864,584 41.009,272 10,056,772 35,861,166 9,156,809 6,593,123 4,686,138 11.459.265
May 17.192,227 17,444,011 20,490,492 10,459.244 32.375,301 34.206,959 9,498,383 3,910.268 5,137.236 5.231,474
June 25.610,524 9.462,001 37.129,540 24,066,664 56,408.374 60,298.893 22,989.440 7,689,607 18,714,994 15,177,110
TOTAL 140,513.775 200.700,112 315,306,755 290,877,935 350,325.746 397,438,258 198,839.268 126.694,091 73,836,809 85,093,454
Source: Building and Safety Division
100
CITY OF RANCHO CUCAMONGA
Construction Activity
Millions
$500 -
$400
$300
$200
$ 1001
$0
1983-8484-88 86-86 88-87 87-88 88-89 89-90 90-91 91-921992-93
Fiscal fiber
� Value Ot Permits
EXHIBIT 11
CITY OF RANCHO CUCAMONGA
DEMOGRAPHIC STATISTICS
Average Annual San Bernardino City Population
City Population County as Percent
Year Population (2) Percent Changes Population (2) of County
1984 61,658 3.1% 1,014,481 6.1%
1985 64,479 6.2% 1,053,771 6.2%
1986 73,842 12.8% 1,110,500 6.6%
1987 80,420 8.9% 1,167,175 6.9%
1988 94,614 17.7% 1,202,695 7.9%
1989 104,727 9.5% 1,286,210 8.1%
1990 104,887 (1) 0.2% 1,423,800 8.1%
1991 105,014 0.1% 1,471,300 7.1%
1992 110,466 5.2% 1,530,600 7.2%
1993 112,592 1.9% 1,556,251 7.2%
Source: (1) U.S. Bureau of Census, California Department of Finance
(2) City of Rancho Cucamonga, Planning Department
102
DEMOGRAPHIC STATISTICS DEMOGRAPHIC STATISTICS
City Of Rancho Cucamonga County Of San Bernardino
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EXHIBIT 12
CITY OF RANCHO CUCAMONGA
PRINCIPAL TAXPAYERS (1)
June 30, 1993
TYPE OF BUSINESS
Department Stores
Light Industrial/Printers
Grocery Stores Liquor
Service Stations
Heavy Industrial
Fast Food
Contractors
Grocery Stores Beer and Wine
Specialty Stores
Restaurants Beer and Wine
(1) Based on sales tax revenues
Source: State Board of Equalization
Note: In a letter dated June 27, 1991, the State Board of Equalization asked that cities discontinue publishing lists of the top
taxpayers in publications prepared for public distribution, as such a list may disclose information about competing retailers even
though no dollar information is given. In an effort to comply with this request, the City of Rancho Cucamonga has amended this
exhibit effective June 30, 1991, to reflect only the business classifications of its principal taxpayers.
i 104
EXHIBIT 13
CITY OF RANCHO CUCAMONGA
PURCHASED INSURANCE POLICIES
AS OF NOVEMBEER 16, 1993
Coverage Maximum Coverage Company Remarks
Auto Insurance $100,000 Fireman's Fund One year policy - Expires 9/8/94
Lease/Purchase S 93 MXA 80120983 $32,188.00 annual premium
Vehicles Only
Auto Insurance $100,000 Self-Insured Reserve set-up to pay claims
Owned Vehicles Only
Boiler&Machinery Policy $20,000,000 The Continental Three year policy - Expires 10/31/94
Insurance Company $3,207.00 annual premium
Crime Policy $100,000 Aetna Insurance Co. One year policy - Expires 6/l/94
Employee Surety 005BY10082583IRCA $874.00 annual premium
Equipment Insurance $800,000 Inland Marine One year policy - Expires 3/21/94
P 93 MXI 80248532 $16,658.00 annual premium
Liability Insurance $5,000,000 California Municipal Three year policy - Expires 7/1/94
Insurance Authority $456.146 annual premium, Public Officials
Insurance included, self-insurance retention of
$100,000 on each liability claim
Excess Liability $5,000,000 Lexington Insurance Co. One year policy - Expires 7/l/94
8653713 $46,569 annual premium
Property Insurance Varies with value of Fireman' Fund One year policy - Expires 9/8/94
contents for each location S 93 MXX 80541752 $14,822.00 annual premium
Special Events $2,000,000 CNA Insurance Company One year policy - Expires l/1/94
G111495925 $1,000 annual premium
Workers Compensation Public Agencies Risk One year policy - Expires 7/1/94
Sharing Authority of Calif. $109.155 annual premium
HXD-082
Excess Workers' Comp $10,000,000 Fireman's Fund One year policy - Expires 7/l/94
XLS 165 77 33 $109,155 annual premium
Source: Risk Management Division
105
EXIHBIT 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 36.5 Square Miles
Population 112,592
Number of Street Lights 6,614
Miles of Streets 440
Number of Signals 81
Fire Protection:
Rancho Cucamonga Fire District
Number of Stations 5
Number of Firefighters & Officers 63
Police Protection:
Contracted with San Bernardino Co.
Number of Stations 1
Number of Sworn Officers 74
Recreation and Culture: 20 with 226 acres
Number of Parks
Source: Community Development Department, Community Services Department
106