HomeMy WebLinkAbout1990/06/30 Comprehensive Annual Financial Report1
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FINANCE PERMANENT RECORD
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CITY OF RANCHO CUCAMONGA, CALIFORNIA
COMPREHENSIVE
ANNUAL FINANCIAL REPORT
FISCAL YEAR ENDED
JUNE 30, 1990
PREPARED BY
FINANCE DEPARTMENT
JIM HART
ADMINISTRATIVE SERVICES DIRECTOR
SUSAN M. NEELY
FINANCE OFFICER
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CITY OF RANCHO CUCAMONGA
TABLE OF CONTENTS
Page
Number
INTRODUCTORY SECTION
Letter of Transmittal
City Officials xxv
Organizational Chart xxvi
Geographic Location Diagram xxvii
Certificate of Achievement for Excellence in Financial Reporting xxviii
Certificate of Award for Outstanding Financial Reporting xxix
FINANCIAL SECTION
INDEPENDENT AUDITOR'S REPORT 1
FINANCIAL STATEMENTS
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
Exhibit C - Combined Statement of Revenues, Expenditures
and Changes in Fund Balances - Budget and Actual
(Budgetary Basis) - All Govemmental Fund Types
Exhibit D - Statement of Revenues, Expenses and Changes in
Retained Earnings - Proprietary Fund Type -
Internal Service Fund
4
6
12
Exhibit E - Statement of Changes in Financial Position -
Proprietary Fund Type - Internal Service Fund 13
CITY OF RANCHO CUCAMONGA
TABLF OF CONTENTS
Page
Number
NOTES TO FINANCIAL STATEMENTS 14
SUPPLEMENTARY SCHEDULES
Schedule 1 - Balance Sheet - General Fund 48
Schedule 2 - Statement of Revenues, Expenditures and
Changes in Fund Balances - General Fund
49
Schedule 3 - Schedule of Revenues, Expenditures and
Changes in Fund Balances - Budget and Actual
(Budgetary Basis) - General Fund 50
Schedule 4 - Combining Balance Sheet - All Special
Revenue Funds 54
Schedule 5 - Combining Statement of Revenues, Expenditures
and Changes in Fund Balances - All Special
Revenue Funds
Schedule 6 - Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances - Budget and
Actual (Budgetary Basis) - All Special Revenue
Funds
57
60
Schedule 7 - Combining Balance Sheet - All Debt Service Funds 72
Schedule 8 - Combining Statement of Revenues, Expenditures
and Changes in Fund Balances - All Debt
Service Funds
Schedule 9 - Combining State of Revenues, Expenditures and
Changes in Fund Balances - Budget and Actual -
All Debt Service Funds
73
74
Schedule 10 - Combining Balance Sheet - All Capital Projects Funds 76
CITY OF RANCHO CUCAMONGA
TABLE OF CONTENTS,
SUPPLEMENTARY SCHEDULES (Continued)
Schedule 11 - Combining Statement of Revenues, Expenditures
and Changes in Fund Balances - All Capital
Projects Funds
Schedule 12 - Combining Schedule of Revenues, Expenditures
and Changes in Fund Balances - Budget and Actual
(Budgetary Basis) - All Capital Projects Funds
Schedule 13
Schedule 14
Schedule 15
Schedule 16
Schedule 17
- Balance Sheet - Internal Service Fund
- Combining Balance Sheet - All Agency Funds
- Combining Statement of Changes in Assets and
Liabilities - All Agency Funds
- Statement of General Fixed Assets
- Schedule of General Fixed Assets by Function
and Activity
Page
Number
77
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82
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84
87
88
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INTRODUCTORY SECTION
1 1 I 1 I 1 I I 1 1 I I I 1 1 1 1 1 1 1 I I J
NOLLD3S AROIDnUOUIN]
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CITY OF RANCHO CUCAMONGA Post Office Box 807, Rancho Cucamonga, California 91729, (714) 989-1851
December 21, 1990
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, 1990. 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, 1989. The Certificate of Achievement is the highest form of
recognition for excellence in state and local government financial reporting.
In order to be awarded a Certificate of Achievement, a government unit must publish
an easily readable and efficiently organized comprehensive annual financial report
(CAFR), whose contents conform to program standards. Such CAFR must satisfy both
generally accepted accounting principles and applicable legal requirements.
The Certificate of Achievement is valid for a period of one year only. The City of
Rancho Cucamonga has received a Certificate of Achievement for the last two
consecutive years (June 30, 1988 and June 30, 1989). 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. Stout
Counrdmembers
William J. Alexander Charles J. Buquet II
Deborah N. Brown Pamela J. Wright
City Manager
Jack Lam, AICP
BACKGROUND INFORMATION
The City of Rancho Cucamonga currently has a population of 114,954 and
encompasses approximately 37 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 and Fire Facilities
Improvement Fund are included in the Capital Projects Fund whereas the Tax
Increment Funds and the Fire Facilities Improvement Fund 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 and Debt Service Funds.
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.
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, and City,
Redevelopment Agency and Fire District Treasury.
The Finance Officer is responsible for directing the accounting, financial planning and
reporting, payroll, treasury and cash management functions and services as the
Finance Officer for the City.
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
includes 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 appoints 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's 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, 1990, and the
results of its operations and changes in financial position. All disclosures
necessary for the reader to gain a maximum understanding of the City's
financial affairs have been included.
FUND DESCRIPTIONS
Definitions of the various funds and account groups of the reporting entity are
included 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:
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1. Assets have been protected from losses arising from unauthorized
use or disposition.
2. Financial records can be relied upon for preparing adequate
financial statements and for maintaining accountability for assets.
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 no 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 ordinance; and to utilize
appropriation encumbrances as a management control technique for the
budgetary control of expenditures.
HIGHLIGHTS OF FISCAL YEAR 1989/90
REDEVELOPMENT AGENCY
Marketing Program
The city's impressive new marketing brochure and the first edition of the
Redevelopment Agency's (RDA's) newsletter made its debut this year. A
consistent design scheme was used, creating the "Rancho Cucamonga" look;
contemporary and classy. Another new product that boasted this look was the
four part ad series (Vision. Promise. Integrity. and Success) which won a
national award from the American Economic Development Council.
Many in-person economic development contacts were made at conferences
where the staff exhibited, such as: ICSC (International Council of Shopping
Centers), the Industry and Business Expo of California, and the Inland Empire
West. A special evening seminar was also presented for 75
industrial/commercial brokers.
The City's board level involvement in 3CMA (The City -County Communications
and Marketing Association) was highlighted by staff's involvement in the
creation of their awards program. This organization has served to demonstrate
Rancho Cucamonga's leadership in these fields.
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Central Park Library
A library sub -committee was formed, complete with representation from the City
Council, appropriate City Commissions, the Friends of the Library, and
appointed citizens. Over several months, this sub -committee assisted in
developing the conceptual layout of the library with the Central Park design
team, including several library consultants. This process ensured that the
library will meet the broad needs of the community, as well as the high
standards desired for the City's public facilities. In January, the City filed a
Notice of Intent with the State Librarian's Office regarding a competitive grant,
which would cover 65% of the library's construction costs. Planning continues,
as staff prepares to submit the formal grant application early in 1991.
OPA 84-1 (Regional Shopping Center)
The Owner Participation Agreement (OPA) between the Redevelopment
Agency and HFA Associates was amended in April 1987, to allow up to a three
year extension in the time of performance. This amendment was approved
because the market area was not mature enough to generate the necessary
support. Current demographics now support a very strong and maturing market
trend; therefore, the regional center is on schedule for a May 1992 opening
date. The Redevelopment Agency's commitment to the project has been
fulfilled; however, the Agency will continue to be fully involved through the
completion of the project.
As required by the OPA, final design work has begun on the Foothill Boulevard/I-
15 interchange. This interchange will provide better traffic circulation for the
development of the regional shopping center. The developer and the
Redevelopment Agency contributed to the cost of the interchange
improvements. Construction of the interchange is anticipated to begin in July
1991, with a projected 10 -month completion date.
Rancho Cucamonga Fire Protection District
During fiscal year 1989/90, the Redevelopment Agency (RDA) participated with
the Rancho Cucamonga Fire Protection District in the following areas:
Aerial Ladder Truck Company - The RDA entered into a contract for the
purchase of an aerial ladder truck to provide primary service to the rapidly
developing industrial/commercial area. A down payment was made during
fiscal year 1986/87, with subsequent annual installments of $65,000 per year
for 5 years.
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Tax Allocation Bonds - In March 1990, the RDA sold approximately $107 million
in tax allocation bonds to provide funding for a number of projects identified in
the redevelopment plan. A portion of the proceeds of this issue will be used to
fund construction of the Fire Protection Facilities Capital Improvement Program.
Fire Protection Facilities Capital Improvement Program - During fiscal year
1989/90, the designs for Fire Stations 4 and 5 were completed and approved by
the City.
Fire Station 4, located at the southwest corner of Jersey Boulevard and Milliken
Avenue, will be built on a 6.9 acre site. The construction of the station is Phase I
of the development of the total site, which will ultimately include separate
maintenance and training facilities. Included in Phase I are the site
development work, and construction of a 17,999 square foot fire station. This
station will house 12 fire personnel, manning one three man engine company,
one four man engine company, one four man truck company, and a Battalion
Chief. Anticipated cost of this station is $4,190,700.
Fire Station 5, located at the northeast corner of Banyan Street and Deer Creek
Channel, is being constructed on a 3.16 acre site. This 11,000 square foot
facility will house 8 fire personnel, manning one four man engine company, one
three man mini -pumper, and a Battalion Chief. This station will provide much
needed additional fire protection to the developing north end of the City.
Anticipated cost of this station is $2,640,850.
Sports Complex
Working with the City's Community Services Department, the RDA began
design work on a 42 acre sports complex located on the west side of Rochester
Avenue, between Foothill Boulevard and Arrow Route. This facility will contain
3 fully -improved softball fields, two soccer fields, a 4,000 seat baseball stadium.
Additionally, the City's animal shelter will be located at the Southern end of the
sports park property.
ENGINEERING
Numerous significant street improvement projects were either begun or
completed during fiscal year 1989/90. The projects included: Highland Avenue
from Hermosa Avenue to Mayberry Avenue; Victoria Street east of East Avenue;
19th Street from Carnelian Street to Sapphire Street; Rochester Avenue from
Foothill Boulevard to Baseline Road; Arrow Route from Haven Avenue to
Archibald Avenue; and completion of the east side Haven Avenue entry
monument at 4th Street.
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The rubberizing of railroad crossings continued with the installation of rubber
pads at the A.T. & S.F. railroad track on Vineyard Avenue. These rubberized
crossings greatly cushion the jolt which vehicles experience when traveling
over railroad tracks.
The installation of cobblestone curbing also continued with the installation of
curbing on the west side of Etiwanda Avenue north of Victoria Street.
The following storm drain projects were begun during the fiscal year: Amethyst
Avenue at 19th Street; Area V Hillside Road east of Archibald Avenue. In
addition, the Alta Loma storm drain between Alta Loma Basin No. 3 and
Hermosa Avenue was completed.
A new computer traffic model allows both short and long range forecasting of
traffic conditions at major intersections. This model permits the City to inform
developers what types of off-site improvement need to be constructed, and
enables better scheduling of capital improvements. It is also instrumental in
allowing the review of developer fees in such a way so as to conform to the
requirements of AB 1600.
Signing for the designated truck routes were installed throughout the City in an
effort to prevent large vehicles from using roadways which were not designed
for them.
Traffic signals were installed at the following intersections: Baseline Road at
Valencia Avenue and Milliken Avenue; 8th Street at Grove Avenue; Highland
Avenue at Milliken Avenue; Foothill Boulevard at Spruce, Aspen, and Milliken
Avenues.
Construction was begun on the Parks Maintenance Retrofit project.
Approximately one-half of the City's parks are included in this project, which
involves the construction of athletic equipment storage buildings, trash
dumpster enclosures, drive approaches, concrete mow strips, and retaining
walls for sand.
Two projects involving the lake at Red Hill Park were completed. First, the
drainage system at the lake was modified to ensure that runoff water from turf
areas will not enter the lake and introduce contaminants or speed the
eutrophication of the lake. Second, the bio -system of the lake was modified in
order to rehabilitate it to an aesthetically attractive and biologically balanced
condition.
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PLANNING
Current Planning
During the fiscal year, the Current Planning section processed a significant
number of development projects, permit entitlements and special projects as
summarized below.
New Development
Staff processed a total of 1,224 applications of all types during the fiscal year,
which was an increase of 29 applications from fiscal year 1988/89, primarily in
minor permits. Among these applications were 34 subdivision maps, 33
Conditional Use permits, and 41 Development/Design Reviews. Major
development applications included a Great Western Hotel, Fire Stations 4 and
5, Montgomery Wards, which is part of the Terra Vista Town Center, Central
Park Plaza and Vineyards Marketplace shopping centers, and the Sycamore
Village mixed-use center. In addition to formal applications, staff reviewed over
70 projects through the Preliminary Review process.
Inspections
Inspections continued to demand a significant portion of staff time. Major
projects that were under construction during fiscal year 1989/90 included Terra
Vista Town Center, Thomas Winery Plaza, Rancho San Antonio Medical
Center, Continental Health Plaza, and the planned communities of Victoria and
Terra Vista. Inspections also began in the newly annexed areas above the
Etiwanda community as development pushed into the City's
Sphere -of -Influence.
Spell Prniects
Fiscal year 1989/90 gave birth to many major projects, each of which consumed
large amounts of Current Planning staff resources. Conceptual plans for the
Victoria Gardens regional shopping center were submitted for review by the
Planning Commission. Other major projects included the City's Sports
Complex and animal shelter, Central Park, and the Etiwanda North Specific
Plan and related development applications, particularly the University Crest
project. In addition, staff prepared the Trails Implementation Plan which was
also reviewed by the Planning Commission.
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Advance Planning
During the fiscal year 1989/90 the Advance Planning section completed a
variety of projects, including the General Plan Technical Update, Annexations,
General Plan and Development District Amendments, Community Development
Block Grants, Ordinance development, governmental referrals, Development
Agreement preparation and monitoring, special projects and Historic
Preservation.
General Plan
The General Plan Technical Update was approved, the Master Environmental
Assessment certified and the final copy of the General Plans distributed to
appropriate individuals. Also during the year, work began on revision of the
Housing Element, as required by state law. A draft copy of the element has
been distributed for review, and the final adoption is anticipated by late
February or early March of 1991.
General Plan and Development District Amendments
Four General Plan Amendments were completed, one Development District
Amendment and one Development Code Amendment were completed. Three
additional General Plan Amendments and two Development District
Amendments were initiated and are in progress. They will be completed in
fiscal year 1990/91. In addition, a General Plan Amendment and a District
Development Amendment were reviewed by the Planning Commission before
being withdrawn.
Ordinances
A Hillside Development Ordinance was approved in January 1990 which
establishes standards for grading, site design, and architecture for areas with
slopes of eight percent or greater.
special Proiectq
Planning staff provides liaison assistance to the San Bernardino Associated
Governments (SANBAG) Commuter Rail Subcommittee. Also, staff developed
an information packet containing all pertinent information relative to commuter
rail, and provided an analysis of three potential commuter rail sites in the City.
Needs and Opportunities Studies for the city's areas of Alta Loma, Etiwanda,
and southwest Cucamonga were completed. A vacant residential land survey
was completed and will be updated periodically. An appended multi -family
study has been initiated by the City Council which will extend well into 1991.
One street name change was completed and another initiated. Revisions to the
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Street Naming Ordinance was started. A Specifications Plan for Foothill
Boulevard was started with the Engineering staff. Monitoring of the Federal
Census operations is still ongoing.
Environmental Reviews
A monitoring and reporting program is being developed as required by a 1988
addition to the California Environmental Quality Act (CEQA). Also, the City's
CEQA guidelines are being revised and a training program is being developed
to familiarize staff with new CEQA requirements.
Government Referrals
Staff is providing technical review for the 1990 Federal Census. Also, Staff
reviewed three projects submitted by neighboring cities for environmental
impacts on the City and reviewed a draft and final Environmental Impact Report
(EIR) for a waste water treatment plant to be constructed by Chino Basin
Municipal Water District on Etiwanda Avenue. Staff monitored three referrals
and reviewed three new projects from the County of San Bernardino.
The City Council approved the San Bernardino County draft Hazardous Waste
Management Plan. Staff review of the plan is ongoing in preparation for a City
General Plan Amendment and Ordinance implementation in the fall of 1990.
Economic Development and Community Outreach
Staff continued participation in annual economic development conferences,
including the Rancho Cucamonga Chamber Business Expo and the newly
conceived Inland Empire Showcase Economic Development Conference and
Exposition which will feature cities from both San Bernardino and Riverside
counties.
Historic Preservation
Advance Planning continues staff support for the Historic Preservation
Commission with a wide variety of research and activities. During the fiscal
year, six homes were designated as landmarks, five sites were designated as
points of historic interest, and twenty-four landmarks were reviewed for project
proposals or alterations.
Code Enforcement
During fiscal year 1989/90, the Code Enforcement section maintained a high
level of service and increased its effectiveness through the application of
improved City Ordinances. Nuisance Abatement procedures adopted last year
provided an alternative to court proceedings for resolving severe property
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maintenance violations and illegal storage of inoperative vehicles. The use of
the abatement process began slowly and has built on each successful case.
The abatement process continues to provide the Code Enforcement staff with
an important tool to keep pace with the constantly increasing number of cases.
Parking regulation on private property continued to be a major area of
enforcernent, second only to property maintenance. Recreational vehicle (RV)
parking is a part of these parking regulations. As a result of citizen complaints
and subsequent City Council direction, Code Enforcement has been involved in
a review of current RV parking regulations with the Planning Commission and
Public Safety Commission. This issue has become a major project for Code
Enforcement. Ultimately, recommendations will be made to the City Council
regarding the most appropriate handling of the ordinances application.
Positive public contact is still the primary goal of the Code Enforcement section.
Officers are still very successful in obtaining voluntary compliance in over 90
percent of the cases handled. Responding to requests for service and the
follow-up involved to ensure compliance, continues to encompass the majority
of the Code Enforcement Program. Efforts are being made to transition to a
more pro -active program through streamlining the enforcement process and by
directing more resources at identifying and solving problems in their initial
stages of development.
BUILDING AND SAFETY
For the first half of fiscal year 1989/90, the Building and Safety Division
continued to provide quality plan check and inspection of private development
during a time when construction activity remained at a level equal to any
previous year.
The Division also completed, for Council adoption, ordinances which provide a
high level of control over builders requiring repeated reinspections, adopting
the latest editions of the model codes, establishing regulations on unreinforced
masonry buildings, and a resolution which updated Division Fees.
Existing rehabilitation and abatement procedures have been improved. The
Division has begun a new program of alternating inspection staff into the office
environment (two month terms) in order to encourage cross communication
between field and office personnel and to provide field personnel with a better
understanding of public concerns. Finally, development was begun on an
ordinance which will provide for the installation of fire sprinkler systems in new
homes constructed within the City.
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' Projections for 1990/91, reflect a slowing in construction, however, completing
inspections on currently active projects, coupled with follow-up inspections on
uncompleted permits, will maintain inspection activity at a steady rate
throughout the 1990/91 fiscal year.
Anticipated projects for the 1990/91 fiscal year include development of a
departmentally integrated plan check tracking system, a plan review workload
monitoring system, ongoing development and improvement of divisional
handouts and brochures, broadening of training programs for plan check and
' inspection personnel, and the completion and implementation of the residential
fire sprinkler ordinance.
COMMUNITY SERVICES
The Community Services Department has devoted much energy during the
' 1989/90 fiscal year to the expansion of facilities and programs to meet the
needs of a rapidly growing community.
Parkland acquisition, design and construction has been a priority of the
department for much of this time frame. It is anticipated that this task will
continue to be a high priority for the department and the City as a whole for
1 some time to come.
During the 1989/90 budget period, sixteen parks totalling 161.25 acres of
1 parkland were operational within the City. This figure includes eleven
neighborhood parks, two community parks, two community centers, as well as
one special use facility.
1 Further demonstrating the growing need for parkland and facilities, the
department had 227.4 acres under design/construction during the reporting
1 period. This includes the 100 acre Central park, and the 41.6 acre sports
complex in southeast Rancho Cucamonga. An additional 53.3 acres of land
have been acquired for a community park designation in the northeast portion
1 of the City.
The City of Rancho Cucamonga implemented an innovative program during this
reporting period which maximized resources and increased facilities for each
agency. Through cooperative agreements, the City and school districts
1 increased the quantity of public facilities available for use at a fraction of the
cost had each agency acted alone. This was accomplished by the City using
the school's playfields after school hours, and designing and constructing
improvements such as field lighting, field rehabilitation and restroom facilities in
return for that use.
The results from the cooperative agreements were: eight new baseball fields
with two lighted fields, two softball fields, four soccer fields, four basketball
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courts, one lighted football/soccer field, new landscaping, drinking fountains
and restrooms. These new facilities are much welcomed as they will relieve
pressure on existing City parks by adding 17.5 acres of playfields.
In addition to the added facilities, the cooperative agreements have saved the
City and school district money. If the City were to develop new parkland to
match the facilities being built through agreements, the work would total nearly
$2,014,000. These facilities, however, have been brought into service through
the joint agreements for $1,065,000.
Other agreements between the City and the school districts have increased
school classroom space for City use and in return, maintenance free
playground and playfield areas for school use.
Throughout the City, several schools and City parks have been built adjacent to
each other. Taking advantage of this situation, the schools and City entered
into an agreement whereby park space is reserved during school hours for
school use and classroom space is made available to the City after school
hours and on weekends. The City uses this space to provide recreation classes
closer to residents homes . Also, more public can be served because the City
can offer more classes.
The schools benefit from these agreements through the availability of quality
play areas for their students at a low cost to the school. This allows financially
strained schools to spend their resources on the education of our mutual
constituents.
These two types of agreements have created a "win-win" situation for the City
and school districts. Both agencies can offer more services to the public while
expanding limited resources to provide for the needs of a growing community.
The City of Rancho Cucamonga was recently recognized by the League of
California Cities as "Innovative City of the Year - 1990" for this unique method of
maximizing resources while at the same time saving taxpayer dollars.
The 1989/90 fiscal year found the Recreation Division adding or reformulating
programs. With the addition of three new staff in the previous year, the following
was accomplished:
Youth
Expanded the Egg Hunt event to three parks --Red Hill, Hermosa and Windrows.
Over 12,000 residents participated.
Summer Day Camp was greatly improved and filled to maximum each week.
This program also grew to incorporate Holiday and Spring Break Camps.
xiv
Family
With the assistance of Lewis Homes, staff provided three family socials in the
Terra Vista Community. Over 1,200 participated in this monthly program.
The "hit" of the summer was the addition of the Movies in the Park series which
were shown at Red Hill and Coyote Canyon Parks. Over 2,300 people from
June through August came to view the films. This program was also funded by
Lewis Homes.
Teens
Several new programs were started thanks to the formation of the Teen
Recreation Activity Committee. A Halloween Dance was held, as well as three
more dances throughout the course of the year. Staff also provided a Bowling
Tournament and a Spring Volleyball Tournament.
Trios and Tours
Ever expanding trips and tours offered an average of two trips per month for
residents to explore various areas in California and beyond. Trips averaged
from half day to four-day long adventures.
Seniors
The senior citizens in fiscal year 1989/90 enjoyed biweekly evening ballroom
dances thanks to donations from Pomona Valley Bank.
Special events for seniors were also expanded to include a 4th of July
celebration and many mini -events such as the 100th anniversary of the Oreo
cookie.
A new pool table was donated to the seniors.
Human Services
Primarily a referral service, a Resource Directory of local human services
agencies was developed.
Senior Health Fair was organized.
Bilingual referral service was also implemented to assist with information
dissemination to non-English speaking residents.
xv
Other Hiahliahlg
Over 81,000 people were accommodated through the new Picnic Reservation
Policy.
Classes offered by the Recreation Division expanded to Alta Loma High School
in the evening.
The two community centers had fire alarm systems installed. Lions Park
Community Center was repainted inside.
Class instructors reviewed existing policies and procedures. The outcome
provided a reorganized Playschool Program, The Teachers Tabloid, a news
and information publication for recreation class instructors, and revised hiring
policy and procedure for recreation instructors.
The City's quarterly newsletter, The Grapevine, developed by the Community
Services Department's Administrative Division, 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 growing population
of new policies, developments, activities and recreational opportunities.
During the 1989/90 fiscal year, The Grapevine expanded from 28 pages to 32.
It has also added a 5 -color front and back cover which has been
enthusiastically accepted by the residents of the community.
The Administrative Division has also been actively involved in drug
education/prevention programs for the youth of the community. Through a
cooperative agreement with three elementary school districts, the City explored
implementation of the DARE (Drug Abuse Resistance Education) program. The
result is the DARE program will be implemented in September 1990 and jointly
sponsored and financed by the schools and the City.
Rancho Cucamonga Citizens Against Substance Abuse (R. C. CASA), a
community -wide partnership of schools, businesses, law enforcement,
probation, parents, students, concerned residents and City staff was awarded
the Governor's Award for its efforts for public safety in May of 1990.
R. C. CASA also assisted the City of Rancho Cucamonga with its annual Red
Ribbon Week activities. Through this anti-drug abuse campaign, over 26,000
red ribbons, buttons and drug abuse educational packets were distributed to
residents of Rancho Cucamonga.
xvi
Numerous "Just for Kids" workshops were held during 1989/1990. These
programs focused on providing information to youngsters of the community on
such topics as babysitting, latch key, back -to -school safety, bicycle safety, drug
awareness, handling emergencies and earthquake preparedness.
POLICE DEPARTMENT
The volunteer programs continue to be a vital part of the operation of the
Rancho Cucamonga Police Station. The citizen patrol unit which conducts
vacation checks and special patrol checks has been expanded to include a
citizen patrol equestrian unit. This unit has been trained to conduct a number of
crime prevention services and to aid and assist those persons and animals
utilizing the equestrian trails, parks and surrounding area.
The Reserve Officer and Explorer Scout programs continue to assist in the
delivery of police service to the community by giving numerous hours of their
time at picnics, races, and parades , along with patrolling city streets.
The Detective Division implemented the C.A.T. (Combat Auto Theft) Program
which is designed to heighten the public's awareness to the ever increasing
problem of auto theft. The program, which is in place in other cities throughout
the United States, was developed for use by the San Bernardino County
Sheriff's Department by the Rancho Cucamonga Detective Division.
Fiscal year 1989/90 also saw the implementation of the "CHOICES" program at
several schools within the city. This program deals with gang intervention,
prevention and education.
Along with the "CHOICES" program, the station utilized two school resource
officers to be in place on school campuses to handle calls for service, and to be
available to school staff to assist with different situations which arose on the
school campuses.
During the Christmas season, the Crime Prevention Unit presented classes on
holiday safety tips, while the Patrol Division implemented a special holiday
patrol which targeted commercial areas to help curtail the number of robberies
which traditionally accompany the holiday season.
The Traffic Division added another motorcycle to the fleet which now totals five.
The motor officers have been especially effective in dealing with traffic violators
in high density traffic areas. They are also able to circumvent traffic congestion
and get to crime scenes faster than typical patrol units.
xvii
Along with the commercial enforcement program and drunk driving programs,
we have continued our specialized training in accident investigations and now
have five officers who are experts in vehicle accident reconstruction. We refer
to these officers as our M.A.I.T. Team (Major Accident Investigation Team).
Another new program started is the Abandoned Vehicle Program. Due to the
ingenuity of the traffic officers, a computer program was written that allows
constant monitoring of all reported abandoned vehicles in the city. This
program was designed to reduce the number of abandoned and illegally stored
vehicles on city streets. Since the program began it has resulted in over 800
vehicles being tagged with warnings and over 250 ultimately being towed away
for non-compliance.
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 1989/90 95% of the idle cash
was invested. It is the objective of staff to attain a greater percentage of
invested funds, while maintaining the necessary reserves needed to fund City
services.
DEBT ADMINISTRATION
The City of Rancho Cucamonga, as a general law city, is restricted from
incurring general obligation bonded indebtedness which would exceed 3.75%
of the total assessed valuation of all real and personal property. The City of
Rancho Cucamonga does not have any general obligation debt; however, the
City and its component units do have various bond and certificates of
participation issues. Note 11 to the financial statements presents more detailed
information about these issues.
On March 1, 1990, the Rancho Cucamonga Redevelopment Agency (RDA)
issued $107,780,000 in Tax Allocation Bonds with an average interest rate of
6.9 percent. A portion of the proceeds was used to advance refund
$31,215,000 of outstanding 1986 Tax Allocation Series A Bonds; $9,100,000 of
outstanding 1987 Refunding Tax Allocation Bonds Series A; and $9,400,000 of
outstanding Certificates of Participation.
The advance refunding was accomplished through a deposit in an irrevocable
trust with an escrow agent to provide all future debt service payments on the
1986 and 1987 Tax Allocation Bonds and Certificates of Participation. As a
xviii
result, the 1986 and 1987 Tax Allocation Bonds and Certificates of Participation
are considered defeased in substance and the liability for these bonds and
certificates has been removed from the General Long Term Debt account group.
RISK MANAGEMENT
During fiscal year 1989/90, 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 during the year to minimize accident -related losses
and exposure by the public to hazards.
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.
PROSPECTS FOR THE FUTURE
The City enjoyed a positive financial position during fiscal year 1989/90. There
are signs of a housing slow down for fiscal year 1990/91 that will impact the
City's revenues. This will turn the focus to more needed commercial
establishments to ensure a strong financial position for the City's position for the
City's future. The City continues to appropriate funds under that allowed by the
State of California constitutional appropriations limit (Gann).
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. Incorporated into these funds for the first time is the Rancho
Cucamonga Fire District, formerly known as the Foothill Fire District. The City
was proud to assume financial responsibility for the Rancho Cucamonga Fire
District effective January 1990; however, for financial statement comparison
purposes, the District's fiscal activities are presented in this report for both fiscal
years of 1988/89 and 1989/90.
xix
The total fund equity (aggregate fund balances) in these funds of $154 million
reflects an increase of $42.8 million over the previous fiscal year. Total
financing sources available to the funds during the year amounted to $196.7
million. Of this amount, $63.8 million was from governmental fund type
resources, $101.1 million from issuance of bonds, $6.2 million from loan
proceeds, approximately $0.3 million from capital leases, and $25.3 million from
operating interfund transfers.
The significant increase in bond proceeds reflects the Rancho Cucamonga
Redevelopment Agency's issuance of $107.8 million in Tax Allocation Bonds. A
portion of the proceeds was used to advance refund outstanding 1986 and
1987 Tax Allocation Series A Bonds and Certificates of Participation.
Other revenue sources that increased over the past year reflect and increase in
population and the City's successful efforts to attract major sales producing
interests. The City experienced a Property Tax increase of $569,377 (a 36.8%
increase over the prior year); Franchise Fees increased 21.9% for additional
revenues of $331,569; Motor Vehicle In Lieu generated $432,655 more
revenues than the prior year for an increase of 13.1%; and Sales Tax grew by
13.5% resulting in added revenues of $594,741. A park grant of $407,135 also
boosted the current fiscal year's revenues as did additional Community
Development Block Grant revenues of $451,122.
A decrease in certain revenue sources is symptomatic of the development
slump currently being experienced by cities still in the growing stage. A
reduction in the following revenues is the result of less development type fees
being generated due to this slump:
Development Fee revenues decreased from the prior year by
approximately $5.1 million for a reduction of approximately 56.3%. This
category encompasses those funds normally collected from developers
to offset the cost of such items as drainage facilities, development of
parks, and beautification projects impacted by new development.
Current year revenue from licenses and permits dropped from the
previous year by 31.2% for an approximate decline of $906,000. The
majority of this decrease ($897,575) is reflected in the reduction of
revenue from building permits.
Listed below is a recap of the 1989/90 fiscal year general governmental fund
type revenues by major source including the percentage each source
represents of total revenues, and the increase or (decrease) over the prior year.
xx
Revenue and Other
Financing Sotircea
REVENUE BY SOURCE
(amounts in thousands)
Increase
1989/90 Percent (Decrease)
Revenue of Total From 88/89
Taxes $33,134 16.8% $ 5,947
Licenses and Permits 1,996 1.0 ( 906)
Fine and Forfeiture 308 .2 44
Use of Property and Money 8,974 4.6 380
Intergovernmental 10,697 5.4 2,244
Charges for Services 4,234 2.1 ( 223)
Development Fees 3,922 2.0 ( 5,050)
Other 520 _a ( 1.894)
Total Operating Revenues 63,787 542
Loan Proceeds 6,223 3.2 220
Bond Proceeds 101,128 51.4 91,960
Capital Lease Proceeds 249 .1 ( 168)
Operating Transfers In 25.319 12.9 14.917
Total Finance Sources: $196.706 100.0% $107.471
During the 1989/90 fiscal year, expenditures and interfund transfers amounted
to $154.2 million which reflects an increase of $66.7 million over the previous
fiscal year. Specific uses include $39.8 million for general operation, $28.6
million for capital outlay, $60.5 million for retirement of debts, and $25.3 million
in interfund operating transfers.
Expenditures for general operation purposes totaled $39.8 million, an increase
of $7.7 million or approximately 24% over the previous fiscal year. The growth
of expenditures associated with the City's general operation was primarily
caused by an increase in the City's population thereby requiring a greater
demand for governmental services and proportional increases in the City's work
force.
Additional governmental services were required to handle development
projects underway within the City. It should be noted that much of this demand
was accomplished through the use of contract services thereby avoiding a
permanent drain on City resources after the demand was met.
xxi
The substantial increase in Debt Service expenditures reflects the Rancho
Cucamonga Redevelopment Agency's defeasance of the tax allocation bonds
and certificates of participation mentioned previously.
The only significant decline in the current year's expenditures versus the prior
fiscal year is the result of a 6% ($1.8 million) reduction in Capital Outlay.
EXPENDITURES BY FUNCTION
(amount in thousands)
General Administration
Public Safety
Public Safety - Fire
Engineering and Public Works
Community Development
Community Services
Capital Outlay
Debt Service
Total Government Expenditures
Operating Transfers Out
Total Expenditures
1989/90
Exoenditurea
$ 11,891
6,933
5,306
7,329
6,882
1,437
28,609
60.498
Percent
of Total
7.7%
4.5
3.4
4.8
4.5
.9
18.6
39.2
$ 128,885
25.319 16,4
$ 154,204 100.0 %
Increase
(Decrease)
From 88/89
$ 3,360
815
542
( 441)
3,164
209
( 1,785)
45.931
51,795
14.917
$ 66,712
1
PROPRIETARY FUND TYPE - INTERNAL SERVICE
'
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 represent activity during the current (1989/90) and previous
' (1988/89) fiscal years:
1989/90 1988/89
1 Operating Revenues $ 489 $ 483
' Non -Operating Revenues 179 155
668 638
LESS: Operating Expenses (586) (281)
1 Net Income (Loss) $ 82 $ 357
The Internal Service Fund (Capital Replacement/Fleet Maintenance) increased
' its retained earnings by $81,977. 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. The City is currently
' installing, and preparing to implement, a fully computerized fleet maintenance
program that will be coordinated into the accounting system.
1 GENERAL FUND FIXED ASSETS
1 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, 1990, the general fixed assets of the City amounted to
' $73,769,311. This amount represents the original cost of the assets, net of
additions and deductions from July 1, 1989 to June 30, 1990, and is
considerably less than their present value. The system of accounting presently
I 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.
1 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 this report.
ACKNOWLEDGEMENTS
The preparation of this report could not have been accomplished without the
efficient and dedicated services of the entire staff of the Administrative Services
Department. We would also like to thank the Mayor and members of the City
Council for their interest and support in planning and conducting the financial
operations of the City in a responsible and progressive manner.
Jack Lam, AICP
City Manager
Jim Hart
Administrative Services Director
o »'7, 72 4'
Susan M. Neely
Finance Officer
xxiv
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CITY OF RANCHO CUCAMONGA, CALIFORNIA
CITY OFFICIALS
JUNE 30, 1990
Name
Dennis L. Stout
Deborah N. Brown
Charles J. Buquet II
Pamela J. Wright
William J. Alexander
CITY COUNCIL
Mayor
Mayor Pro Tem
Councilmember
Councilmember
Councilmember
Term Expires
1990
1990
1990
1992
1992
ADMINISTRATION AND DEPARTMENT HEADS
City Manager and Executive Director of the
Rancho Cucamonga Redevelopment Agency
Deputy City Manager
Deputy City Manager
City and Redevelopment Agency Attorney
Treasurer (Term expires 1992)
City Clerk
Administrative Services Director
Finance Officer
Community Development Director
City Planner
Building Official
City Engineer
Community Services Manager
xxv
Jack Lam
Linda Daniels
Jerry Fulwood
James L. Markman
James Frost
Debra Adams
Jim Hart
Susan Neely
Rick Gomez
Brad Buller
Jerry Grant
Russell Maguire
Joe Schultz
X
(EMERGENCY RESOURCE
SERVICES I SERVICES I I
The Rancho Cucamonga Team
1
DEPUTY
CITY MANAGER
ADMIN.
SERVICES
CITY COUNCIL
CITY MANAGER Cf1YATTORNEY
(RDA EXEC. DIR.) _ _ _ _ (contract)
iii
RDA
DEPUTY CITY MANAGER
(RDA DEPUTY DIRECTOR)
ICOMM.
SERVICES
BLDG R
SAFETY
1
COMMUNITY
DEVELOPMENT DEPT.
1 I mhz& I I
• PLANNING
Ell M WO IS OM M M OM a a a a I M IIIIIIa a M MI
11111 NM e a n I a N la N a 11111 a a a 1 N MI t•
ABOUT RANCHO CUCAMONGA
Location
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. hi • region known es the West
Valley, Rancho Cucamonga Is strategically
located at the hub of •n extensive transportation
network and within short commute distances of
major employment centers In southern
California. The city encompasses the thirty-five
square miles which originally made up the
communities of Cucamonga, Alta Loma and
Etiwanda, becoming the Incorporated City of
Rancho Cucamonga In 1977.
1 -
Certificate of
Achievement
for Excellence
in Financial
Reporting
Presented to
City of Rancho Cucamonga,
California
For its Comprehensive Annual
Financial Report
for the Fiscal Year Ended
June 30, 1989
A Certificate of Achievement for Excellence in Financial
Reporting is presented by the Government Finance Officers
Association of the United States and Canada to
govemment units and public employee retirement
systems whose comprehensive annual financial
reports (CAFR's) achieve the highest
standards in government accounting
and financial reporting.
President
9tt %tZ€
Executive Director
INN MB IIIMI Ile MI all la MI
Littrimx SOCIETY OF MUNICIPAL FINANCE OFFICERS
DEDICATED TO THE PROFESSIONAL ADVANCEMENT OF MUNICIPAL FINANCE ADMINISTRATION
Certificate of4ward
FOR
OUTSTANDING FINANCIAL REPORTING
PRESENTED TO THE
i3zncho acarnoNa
This certificate is issued in recognition of meeting professional standards and criteria in reporting
which reflect a high level of quality in the annual financial statements and in the underlying accounting
system from which the reports were prepared for the fiscal year /9004989
Chelr, Profe nal tanderde Committee
abruarj2 /990
1
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FINANCIAL SECTION
I I I I I I I 1
AIOLLD3S 'IVIDNIVNL4
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Lance 7200 S. Greenleaf Ave.
Soil & Suite 280
Lunghard Whittier, CA 90602
(213) 698-6727
Fax (213) 693-1599
CERTIFIED PUBLIC ACCOUNTANTS
City Council
City of Rancho Cucamonga
Rancho Cucamonga, California
INDEPENDENT AUDITOR'S REPORT
Fred J. Lunghard, Jr.
Brandon W. Burrows
Donald L. Parker
Michael K Chu
Consultant
Robert C Lance
Richard C. Soli
We have audited the general purpose financial statements of the City of
Rancho Cucamonga, as of and for the year ended June 30, 1990 as listed in the
accompanying table of contents. These general purpose financial statements are the
responsibility of the City's management. Our responsibility is to express an opinion on
these general purpose financial statements based on our audit.
We conducted our audit in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the general purpose financial statements are free
of material misstatement. An audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the general purpose financial statements.
An audit also includes assessing the accounting principles used and significant
estimates made by management, as well as evaluating the overall general purpose
financial statement presentation. We believe that our audit provides a reasonable basis
for our opinion.
In our opinion, the general purpose financial statements referred to above
present fairly, in all material respects, the financial position of the City of Rancho
Cucamonga, at June 30, 1990, and the results of its operations and the changes in
financial position of its proprietary fund types for the year then ended in conformity with
generally accepted accounting principles.
Our audit was made for the purpose of forming an opinion on the general
purpose financial statements taken as a whole. The supplemental schedules listed in
the accompanying table of contents are presented for purposes of additional analysis
and are not a required part of the general purpose financial statements of the City of
MEMBER
CALIFORNIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS
AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS
Lance CEBTITIEO
S011 6 PUBLIC
Lunghar\ ACCOUNTANTS
City Council
Rancho Cucamonga, California
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.
September 21, 1990
da,„,) ,,Ara_ d- dt.trrituce
COMBINED STATEMENTS - OVERVIEW
i I 1 1 I I H ail 1 iii I 1 iii
rn
aiq
g
C
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INI N _ e N
ASSETS
Cash and Investments (Note 3)
Cash and investments with fiscal agent (Note 3)
Receivables (net of allowance for uncollectibles)
Due from other funds (Note 13)
Deposits (Note 5)
Advances to other funds (Notes 6 and 11)
Fixed assets - net book value (Notes 7 and 8)
Amount available In debt service funds
Amount to be provided for retirement of
general long-term debt
Total Assets
UABILITIES AND FUND EQUITY
Liabltltles:
Accounts payable
Accrued payroll payable
Accrued employee benefits (Note 1)
Deposits
Due to other funds (Note 13)
Deferred revenue (Notes 6 and 10)
Deferred compensation payable (Note 17)
Obligation under capital leases (Note 11)
Bond issue pledged revenue
Advances from other funds (Note 11)
Bonds and notes payable (Note 11)
Total Liabilities
Fund Equity:
Investment In general fixed assets
Retained earnings:
Unreserved
Fund balances:
Reserved (Note 14a)
Unreserved:
Designated (Note 14b)
Undesignated
Total Fund Equity
Total Liabilities and Fund Equity
a a M NM NMI a I r
CITY OF RANCHO CUCAMONGA
COMBINED BALANCE SHEET - ALL FUND TYPES
AND ACCOUNT GROUPS
JUNE 30, 1990
GOVERNMENTAL FUND TYPES
special Ueot Uaprtat
General Revenue Service Projects
$ 1,448,518 516,199,318 $ 2,325,660
- 39,194,648
854,453 1,374,005 207,964
2,078,670 326,958 664,167
635,000 -
5,097,166 3,360,455
•
$79,391,835
7,946,235
533,486
1,833,719
4,390,000
$ 9,478,807 521,895,736 $42,397,439 594,095,275
$ 768,051
317,442
323,067
388,264
2,062,166
$ 1,093,700
135,885
338,162
1,225,939
556,743
•
$ 498,270 $ 2,430,612
1,654
44,364
1,034,078 3,190,077
3,858,990 3,350,429 1,532,348 5,666,707
4,234,143 9,155,708 10,401,548
1385,674 45,825 40,865,091 6,851,406
- 9,343,774 - 71,175,614
5,619,817 18,545,307 40,865,091 88,428,568
$ 9,478,807 $21,895,736 542,397,439 594,095,275
PROPRIETARY
FUND TYPE
Internal
Service
$ 1,632,854
17,742
15,000
478,613
$ 2,144,209
$ 40,727
5,811
111,686
158,024
1,986,185
1,986,185
$ 2,144,209
See Notes to Financial Statements
3
Ell MN NM - N 11111
Exhibf A
FIDUCIARY
FUND TYPE
Agency
$ 12,055,622 $
56,866
934,844
ACCOUNT GROUPS
General General
Flied Long -Term
Assets Debt
•
- 73,789,311
$ 13,047,332 573,769,311
5,998,027
1,436,730
5,612,575
13,047,332
- 73,769,311
73,769,311
5 13,047,332 573,769,311
TOTALS
(Memorandum Only)
e9 19f19
$ - 5113,053,807 $ 97,834,618
- 47,140,883 17,789,883
- 3,044,516 4,221,289
- 5,838,358 4,781,590
- 650,000 692,981
- 12,847,621 12,312,876
74,247,924 54,451,379
40,865,091 40,865,091 10, 761,155
89,261,689 89,261,689 62,361,658
5130,126,780 5386,954,889 5265,207,429
818,061
536,098
12,847,621
115,925,000
130,126,780 157,740,610 98,613,881
$ 4,831,360 $ 3,175,417
460,592 433,317
1,479,290 2,111794
6,042,391 5,217,667
5,838,358 4,781,590
2,618,909 2,079,164
1,436,730 1,223,766
647,784 601,617
5,612,575 7,696,673
12,847,621 12,312,876
115,925,000 58,980000
73,769,311 54,028,490
1,986,185 1,904,208
23,791,399 34,408,730
- 49,147,996 17,047,024
- 80,519,388 59,205,096
- 229,214,279 166,593,548
5130,126,780 $386,954,889 5265,207,429
$
7
Revenues:
Taxes
Licenses and permits
Fines and forfeits
Use of money and property
Intergovernmental
Charges for services
Development fees
Other
Total Revenues
Expenditures:
Current:
General government
Public safety
Engineering and public works
Community development
Community services
Public safety - fire protection
Capital outlay
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses):
Operating transfers in
Operating transfers out
Proceeds from Issuance of bonds
Loan proceeds
Capital lease proceeds
Total Other Financing
Sources (Uses)
Excess of Revenues and Other
Sources over (under) Expenditures
and Other Uses
CITY OF RANCHO CUCAMONGA
COMBINED STATEMENT OF REVENUES,
EXPENDITURES AND CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30, 1990
General
5 9,504,860
1,996,471
308,389
110,830 1,719,695
3,969,714 6,727,339
2,422,325 1,811,873
• 3,922,496
468,099 49,938
18, 780,688 19, 390, 512
GOVERNMENTAL FUND TYPES
Special Debt
Revenue Service
$ 5,159,171 $ 13,922,638
6,957,792 1,318,042
6,933,276 -
6,318,573 778,369
3,107,185 1,232,087
936,553 499,834
• 5,306,337
12,210,308
1,488,942
capital
Pro)ects
$ 4,546,907
5,654,664
2,289
15,411,580 10,203,860
1,559,386 2,055,691
• 232,097
2,542,811
150,813 - 57,057,640
35,818 94,128
24,440,010 21,439,105 61,308,051
16,398,655
2,691,025 468,489
21,697,743
(5,659,322) (2,048,593) (45,896,471) (11,493,883)
989,886 237,774
(2,645,532)
248,903
1238,789 (2,407,758)
14,192,270
(14,429,010)
76,237,147
9,898,642
(8,244,030)
24,891,441
6,222,640
76,000,407 32,768,693
$(4,420,533) $(4,456,351) $ 30,103,936 $ 21,274,810
See Notes to Financial Statements
4
Exhibit B
TOTALS
(Memorandum Only)
1990 1989
$ 33,133,576
1,996,471
308,389
8,974,131
10,697,053
4,234,198
3,922,496
520,326
63,786,640
11,890,911
6,933,276
7,329,039
6,882,083
1,436,387
5,306,337
28,608,963
5 27,187,188
2,902,943
264,831
8,593,643
8,453,551
4,601,110
8,828,353
2,413,640
63,245,259
8,531,326
6,117,980
7,769,525
3,717,641
1,228,413
4,763,673
30,394,512
57,208,453 8,367,730
3,289,460 6,199,188
128,884,909 77,089,988
(65,098,269) (13,844,729)
25,318,572
(25,318,572)
101,128,588
6,222,640
248,903
10,401,763
(10,401,763)
9,168,270
6,003,009
416,551
107,600,131 15,587,830
$ 42,501,862 $ 1,743,101
I_ I—_— N O— _— = a a NM a a a M
1
r is on on en se_ ea a_ a ea a en ea el S im .a
CITY OF RANCHO CUCAMONGA Exhibit 8
(Continued)
COMBINED STATEMENT OF REVENUES,
EXPENDITURES AND CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30,1990
GOVERNMENTAL FUND TYPES TOTALS
Special Dein Capital (Memorandum Only)
Revenues: General Revenue Service Projects 1 9 9 0 1 9 8 9
Fund Balances:
Beginning of Fiscal Year - as previously reported $10,228,302 $22,517,635 $ 10,761,155 $ 67,153,758 $110,660,850 108,917,749
Restatements (Note 15) (187,952) 484,023 - 296,071
Beginning of Fiscal Year - as restated 10,040,350 23,001,658 10,761,155 67,153,758 110,956,921 108,917,749
Excess of Revenues and Other
Sources over (under) Expenditures
and Other Uses (4,420,533) (4,456,351) 30,103,936 21,274,810 42,501,862 1,743,101
End of Fiscal Year $ 5,619,817 $18,545,307 $ 40,865,091 $ 88,428,568 $153,458,783 $110,660,850
See Notes to Financial Statements
5
Revenues:
Taxes
Licenses and permits
Fines and forfeits
Use of money and property
Intergovernmental
Charges for services
Development lees
Other
Total Revenues
Expenditures:
Current:
General govemment
Public safety
Engineering and public works
Community development
Community services
Public safety - fire protection
Capital outlay
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses):
Operating transfers In
Operating transfers out
Proceeds from Issuance of bonds
Loan proceeds
Capital lease proceeds
Total Other Financing
Sources (Uses)
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (Budgetary Basis)
CITY OF RANCHO CUCAMONGA
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 30,1990
GENERAL FUND
Varlance-
Favorable
Budget Actual (Unfavorable) Budget
$ 8,981,880
2,283,200
269,770
790,689
4,101,100
3,554,900
1,089,239
21,070,778
Exhibit C
SPECIAL REVENUE FUNDS
Variance -
Favorable
(Unfavorable)
$ 9,504,860 $ 522,980 $ 5,094,708
1,996,471 (286,729)
308,389 38,619 -
110,830 (679,859) 677,726
3,969,714 (131,386) 4,934,634
2,422,325 (1,132,575) 2,588,044
10,038,512
468,099 (621,140) 30,000
18,780,688 (2,290,090) 23,363,624
7,437,553 7,184,898 252,655 1,633,141
6,922,862 7,053,492 (130,630) -
7,592,665 7,087,956 504,709 495,666
3,705,008 3,184,547 520,461 2,149,647
966,208 941,629 24,579 685,445
• 5,215,660
• 27,992,595
26,624,296
(5,553,518)
985,775
985,775
150,813 (150,813) -
35,818 (35,818) -
25639,153 985,143 38,172,154
(6,858,465) (1,304,947) (14,808,530)
989,886 4,111 54,111
(2,645,532)
248,903 248,903
1,238,789 253,014 (2,591,421)
$ (4,567,743) $ (5,619,676) $ (1,051,933)
See Notes to Financial Statements
6
Actual
$ 5,159,171
1,719,695
6,669,970
1,811,873
3,889,851
49,938
19,300,498
1,410,505
778,369
1,475,963
503,748
5,306,337
19,302,964
94,128
28,872,014
$ 64,463
1,041,969
1,735,336
(776,171)
(6,148,661)
19,938
(4,063,126)
222,636
(282,703)
673,684
181,697
(90,677)
8,689,631
(94,128)
9,300,140
(9,571,516) 5,237,014
237,774 183,663
(2,645,532)
(2,407,758)
183,663
$ (17,399,951) $ (11,979,274) $ 5,420,677
IS In MI NM NIS IMO MI NMI a a Ma a
— a — — — MI INIII — NMI MI OS MIN le NMI 1111111 MN NM _ —
CITY RAN CUCAMONGA Exhibit
(Continued)
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, 1990
GENERAL FUND SPECIAL REVENUE FUNDS
Variance- Varlance-
Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Adjustments:
To adjust for encumbrances (Note 1) $ $ 1,199,143 $ 1,199,143 $ - $ 7,436,267 $ 7,436,267
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis) - Budgetary
Classifications (4,567,743) (4,420,533) 147,210 (17,399,951) (4,543,007) 12,856,944
Other Adjustments:
To record excess of Revenues and Other
Sources over (under) Expenditures and Other
Uses for nonbudgeted funds (Note 1) 86,656 86,656
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis) $ (4,567,743) $ (4,420,533) $ 147,210 $ (17,399,951) $ (4,456,351) $ 12,943,600
Fund Balances:
Beginning of Fiscal Year - as previously reported $10,228,302 $10,228,302 $ - $ 22,517,635 $ 22,517,635 $
Restatements (Note 15) (187,952) (187,952) 484,023 484,023
Beginning of Fiscal Year - as restated 10,228,302 10,040,350 (187,952) 22,517,635 23,001,658 484,023
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis) (4,567,743) (4,420,533) 147,210 (17,399,951) (4,543,007) 12,856,944
End of Fiscal Year $ 5,660,559 $ 5,619,817 $ (40,742) $ 5,117,684 $ 18,545,307 $ 13,427,623
See Notes to Financial Statements
7
Revenues:
Taxes
Licenses and permits
Fines and forfeits
Use of money and property
Intergovernmental
Charges for services
Development fees
Other
Total Revenues
Expenditures:
Current:
General government
Public safety
Engineering and public works
Community development
Community services
Public safety - fire protection
Capital outlay
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses):
Operating transfers In
Operating transfers out
Proceeds from Issuance of bonds
Loan proceeds
Capital lease proceeds
Total Other Financing
Sources (Uses)
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (Budgetary Basis)
a Ma r IS M a
CITY OF RANCHO CUCAMONGA
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, 1990
DEBT SERVICE FUNDS
Variance -
Favorable
Actual (Unfavorable)
Budget
$ 12,942,662 $
13,922,638 $ 979,976
2,298,066 1,488,942 (809,124)
15, 240, 728 15, 411,580 170,852
2,719,603 1,559,386 1,160,217
57,057,640 57,057,640
2,688,950 2,691,025 (2,075)
62,466,193 61,308,051 1,158,142
(47,225,465) (45,896,471) 1,328,994
18,557,597
(16,900,696)
76,237,147
14,192,270
(14,429,010)
76,237,147
(4,365,327)
2,471,686
77,894,048 76,000,407 (1,893,641)
$ 30,668,583 $ 30,103,936 $ (564,647)
See Notes to Financial Statements
8
Exhibit C
(Continued)
CAPITAL PROJECTS FUNDS
Variance -
Favorable
Budget Actual (Unfavorable)
$ 6,197,434 $ 4,546,907 $ (1,650,527)
973,988 5,654,664 4,680,676
7,171,422
2,289
10,203,860
2,289
3,032,438
2,976,446 2,055,691 920,755
3,300,000 2,533,148 766,852
201,113 248,084 (46,971)
60,534 62,145
38, 406,048 19, 621,159 18, 784,889
2,500,000
47,444,141
468,489
24,988,716
2,031,511
22,457,036
(40,272,719) (14,784,856) 25,487,863
15,000
27,391,441
6,222,640
9,898,642
(8,244,030)
24,891,441
6,re2,640
9,883,642
(8,244,030)
(2,500,000)
33,629,081 32,768,693 (860,388)
$ (6,643,638) $ 17,983,837 $24,627,475
MB a a a 1111111 MO MI MI MI MI
OM NIB 111111 MI NM MN MI IS MI IS MI MB MINI MI On MIN MI S
CITY OF RANCHO CUCAMONGA Exhibit
(Continued)
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, 1990
DEBT SERVICE FUNDS CAPITAL PROJECTS FUNDS
Variance- - Varlance-
Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Adjustments:
To adjust for encumbrances (Note 1) $ $ $ $ $ 3,290,973 $ 3,290,973
Excess of Revenues end Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis) • Budgetary
Classifications 30,668,583 30,103,936 (564,647) (6,643,638) 21,274,610 27,918,448
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)
$ 30,668,583 $ 30,103,936 $ (564,647) $ (6,643,638) $ 21,274,810 $27,918,448
Fund Balances:
Beginning of Fiscal Year - as previously reported $ 10,761,155 $ 10,761,155 $ $ 67,153,758 $ 67,153,758 $ -
Restatements (Note 15) - -
BeglnningofFlscalYear - asrestated 10,761,155 10,761,155 • 67,153,758 67,153,758
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis) 30,668,583 30,103,936 (564,647) (6,643,638) 21,274,810 27,918,448
End of Fiscal Year $ 41,429,738 $ 40,865091 $ (5564,647) $ 60,510,120 $ 88,428,568 $27,918,448
See Notes to Financial Statements
9
CITY OF RANCHO CUCAMONGA
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 30,1990
TOTALS (MEMORANDUM ONLY)
Varlance-
Favorable
Budget Actual (Unfavorable)
Revenues:
Taxes $ 33,216,684 $ 33,133,576 $ (83,108)
Licenses and permits 2,283,200 1,996,471 (286,729)
Fines and forfeits 269,770 308,389 38,619
Use of money and property 4,740,469 8,974,131 4,233,662
Intergovernmental 9,035,734 10,639,684 1,603,950
Charges for services 6,142,944 4,234,198 (1,908,746)
Development fees 10,038,512 3,889,651 (6,148,661)
Other 1,119,239 520,326 (598,913)
Total Revenues 66,846,552 63,696,626 (3,149,926)
Expenditures:
Current:
General government 14,766,743 12,210,480 2,556,263
Public safety 10,222,862 9,586,640 636,222
Engineering and public works 8,289,444 8,114,409 175,035
Community development 5,915,189 4,722,655 1,192,534
Community services 1,651,653 1,445,377 206,276
Public safety - fire protection 5,215,660 5,306,337 (90,677)
Capital outlay 66,398,643 38,924,123 27,474,520
Debt service;
Principal 57,057,640 57,208,453 (150,813)
Interest and fiscal charges 5,188,950 3,289,460 1,899,490
Total Expenditures 174,706,784 140,807,934 33,898,850
Excess of Revenues over
(under) Expenditures (107,860,232) (77,111,308) 30,748,924
Other Financing Sources (Uses):
Operating transfers In
Operating transfers out
Proceeds from Issuance of bonds
Loan proceeds
Capital lease proceeds
Total Other Financing
Sources (Uses) 109,917,483 107,600,131 (2,317,352)
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (Budgetary Basis) $ 2,057,251
19,612,483 25,318,572 5,706,089
(19,546,228) (25,318,572) (5,772,344)
103,628,588 101,128,588 (2,500,000)
6,222,640 6,222,640
248,903 248,903
$ 30,488,623 $ 28,431,572
See Notes to Financial Statements
10
OM a E I a a a NMI a a MIN 11111111 IIIIIIS MI MO
Exhibit C
(Continued)
OMB 011 SIB
Rill MI IS In MI MI MIS NM NMI IIIIII MS Ile
IS NM NM
CITY OF R'HO C MON r Exhibit C
(Continued)
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, 1990
Budget
TOTALS (MEMORANDUM ONLY)
Varlance-
Favorable
Actual (Unfavorable)
Adjustments:
To adjust for encumbrances (Note 1) $ $ 11,926,383 $ 11,926,383
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis) - Budgetary
Classifications 2,057,251 42,415,206 40,357,955
Other Adjustments:
To record excess of Revenues and Other
Sources over (under) Expenditures and Other
Uses for nonbudgeled funds (Note 1) 86,E 86,656
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis) $ 2,057,251 $ 42,501,862 $ 40,444,611
Fund Balances:
Beginning of Fiscal Year - as prevlously reported $110,660,850 $110,660,850 $
Restatements (Note 15) 296,071 296,071
Beginning of Fiscal Year - as restated 110,660,850 110,956,921 296,071
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis) 2,057,251 42,415,206 40,357,955
End of Fiscal Year $112,718,101 $153,458,783 $ 40,740,682 -
See Notes to Financial Statements
11
Operating Revenues:
Charges for services
Operating Expenses:
Vehicle and equipment maintenance
Depreciation
Total Operating Expenses
Operating Income (Loss)
Nonoperating Revenues:
Interest Income
Gain (loss) on sale of fixed assets
Miscellaneous
Total Nonoperating Revenues
Net Income
Retained Earnings:
Beginning of Fiscal Year
End of Fiscal Year
CITY OF RANCHO CUCAMONGA
STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
PROPRIETARY FUND TYPE
INTERNAL SERVICE FUND
FOR THE FISCAL YEAR ENDED JUNE 30,1990
See Notes to Financial Statements
12
Exhibit D
Year Ended June 30,
1990 1989
$ 489,170 $ 483,262
451,044
134,626
142,798
131,495
585,670 274,293
(96,500) 208,969
178,477
151,365
(6,831)
3,691
178,477 148,425
81,977 357,394
1,904,208 1,546,814
51 986 185 4 51904,208
1
MN_- I IS 1_- a a MN s US- r- _- _ I
a s MIN OM a I MI I= 1111 M IIIIII MI MIN - MI INN IS M E
CITY OF RANCHO CUCAMONGA Enhlblt E
STATEMENT OF CHANGES IN FINANCIAL POSITION
PROPRIETARY FUND TYPE
INTERNAL SERVICE FUND
FOR THE FISCAL YEAR ENDED JUNE 30, 1990
Sources of Working Capital:
Operations:
Net Income (loss)
Items not requiring (providing)
working capital:
Depreciation
Loss on disposition of fixed assets
Capital lease proceeds
Total Sources of Working Capital
Uses of Working Capital:
Additions to fixed assets
Capital lease principal reduction
Total Uses of Working Capital
Net Increase (Decrease) In Working Capital
Elements of Net Increase (Decrease) In Working Capital:
Cash and investments
Accounts receivable
Interest receivable
Accounts payable
Accrued payroll payable
Capital leases payable
Net Increase (Decrease) In Working Capital
See Notes to Financial Statements
13
Year Ended June 30,
1990 1989
$ 81,977 $ 357,394
134,626 131,495
6,831
111,686
328,289 495,ie0
190,349 143,541
30,920 7,090
221,269 150,631
107,020 $ 345089
$ 137,888 $ 349,620
(213) 633
8,451 8,539
(36,615) 19,645
(2,491) (2,429)
(30,919)
$ 107,020 $ 345,089
CITY OF RANCHO CUCAMONGA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 1990
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
Califomia 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 District (formerly Foothill Fire Protection District) was a special district formed by the County of San Bernardino
for the purpose of fire suppression within its boundaries. Effective July 1, 1989, operations of this district were taken over by
14
IIIIII M a M N MIN a N a iR IM S MI MN a MI s IIIIII
111111 N_ M- -_ MS NM 1 E E S- N 11111 111111
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
the City of Rancho Cucamonga. This district still operates as a separate special district; however, now it is under the control
of the City of Rancho Cucamonga instead of the County of San Bernardino. The 1989 columns in this report have been
restated to include financial information for this district.
b. Description of Funds
Fund Accounting Systems
Governmental accounting systems are organized and operated on a fund basis. A fund is defined as an independent fiscal
and accounting entity with a self -balancing set of accounts recording cash and other financial resources, together with all
related liabilities 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
Govemmental Fund 'Noes
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-term debt.
Capital Projects Funds - to account for financial resources segregated for the acquisition of major capital facilities (other
than those financed by Proprietary Funds).
Proprietary Fund Tvoes
Internal Service Funds - to account for the financing of goods or services provided by one department or agency to
other departments or agencies of the City or to other governmental units, on a cost -reimbursement basis.
Fiduciary Fund Types
Agency Funds - to account for assets held by the City as trustee or agent for individuals, private organizations, or other
governmental units, and/or other funds.
15
City of Rancho Cucamonga
Notes to Financial Statements (Continued}
Note 1: Organization end Summary of Significant Accounting Policies (Continued)
Account Groups
Fixed Assets and Long -Tent 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.
Interest accrued during construction (if any) of fixed assets is capitalized as a part of the asset cost.
All proprietary funds are accounted for on a cost of services or 'capital maintenance measurement focus. This means
that all assets and all liabilities (whether current or noncurrent) associated with their activity are included on their
balance sheets. Their reported fund equity (net total assets) is segregated into contributed capital and retained
earnings components. Proprietary fund type operating statements present increases (revenues) and decreases
(expenses) in net total assets.
Depreciation of all exhaustible fixed assets used by Proprietary Funds is charged as an expense against their
operations. Proprietary fund fixed assets are reported net of accumulated depreciation on their balance sheets.
Depreciation has been provided over the estimated useful lives using the straight line method for all classes of fixed
assets. The estimated useful lives are as follows:
Automotive Equipment
Other Equipment
5 years
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
16
a MI I MB MI n N MEI NM OM d N a M I MN
1
M I M N 1_-- NS -_-_ a--- I 1
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
represent net current assets. Recognition of govemmental fund type revenues represented by noncurrent receivables
is deferred until they become current receivables. Noncurrent portions of long-term loans receivable are offset by
fund balance reserve accounts.
Special reporting treatments are also applied to governmental fund inventories (if any) to indicate that they do not
represent 'available spendable resources', even though they are a component of net current assets. Such amounts
are generally offset by fund balance reserve accounts.
Because of their spending measurement focus, expenditure recognition for governmental fund types does not include
amounts represented by noncurrent liabilities. Since they do not affect net current assets, such long-term amounts
are not recognized as governmental fund type expenditures or fund liabilities. They are instead reported as liabilities
in the General Long -Term Debt Account Group.
c. Functional Classifications
Expenditures of the City are classified by function. Functional classifications are defined as follows:
General Government includes legislative activity, City Clerk, City Attorney, City Manager as well as management or supportive
services across more than one functional area.
Public Safety includes those activities which involve the protection of people and property.
Enaineerino and Public Works includes all maintenance, engineering and capital improvements which relate to streets, sewers,
parks, flood control and other public facilities.
Community Develooment 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.
Public Safety - Fire Protection includes activities of the fire protection district involved in the protection of people and property
from fire.
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.
17
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
All govemmental funds and Agency funds are accounted for using the modified accrual basis of accounting. Their revenues
are recognized when they become measurable and available as net current assets. Revenues considered susceptible to accrual
in those funds wherein revenue is recognized on a modified accrual basis is as follows: property and sales taxes, revenue
from the use of money and property, interfund transfers, unbilled service receivables and intergovernmental revenue are all
considered measurable and are recognized as revenue on a modified accrual basis; licenses, permits, fines and forfeitures and
similar items are, (or 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 Bemardino 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 -hal( of
the taxes on real property are due November 1st; the second installment is due February 1st. All taxes are delinquent, if
unpaid, on December 10th and April 10th respectively. Unsecured personal property taxes become due on the first of March
each year and are delinquent, If unpaid, on August 31st.
Grants, entitlements, or shared revenues recorded in govemmental funds are recognized as revenue in the accounting period
when they become susceptible to accrual, i.e., both measurable and available (modified accrual basis). Grants received before
the revenue recognition criteria has been met are reported as deferred revenue, a liability account. Such resources not received
are reported as a receivable if the revenue recognition criteria has been met.
Expenditures are generally recognized under the modified accrual basis of accounting when the related fund liability is incurred;
principal and interest on general long-term debt is recognized when due.
All proprietary funds are accounted for using the accrual basis of accounting. Their revenues are recognized when they are
earned and become measurable, expenses are recognized when they are incurred if measurable.
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
18
N MI N E I I E I I M N I O IIIIIII N OM NM
all I__ I 1 E--__ 1 N I E 111111 11111 INN
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant AccouMing Policies (Continued)
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 budaetina 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:
Excess of Revenues and
Other Sources over
(under) Expenditures
and Other Uses
Special Revenue Fund Type:
Pedestrian Grants $ (3,358)
San Sevaine/Etiwanda Drainage 32,645
Measure I 57,369
19
1
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant AccouMing Policies (Continued)
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 fairy 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, 1990, the City held no land for resale; therefore, no investment in land held
for resale is present in the financial statements.
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, 1990, there are no material long-term judgments and claims against the City and no
liability Is reported In the General Long -Term Debt Account Group. In addition, the City has determined that at June
30, 1990, there are no material incurred but unreported claims against the City.
Compensated Absences
The City utilizes the General Fund and Special Revenue - Fire District Fund to account for its compensated absences.
The short-term portion is determined to be the amount due to employees for future absences which is attributable to
services already rendered and which is expected to be paid during the next fiscal year. The total amount of liability
for compensated absences is segregated between short-term and long-term as indicated above and are accordingly
reflected in the General Fund, Fire District Special Revenue Fund and General Long -Term Debt Account Group.
Vacation pay is payable to employees at the time a vacation is taken or upon termination of employment. Normally,
an employee can not accrue more than one and one-half times his regular annual entitlement.
20
11111 OM MI MI MN OM M N N MI MIN M I NM MI W MI MI
M=_= N E I 1 M- - MI M N I I OM M MO
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 1: Organization and Summary of Significant Accounting Policies (Continued)
Sick leave is payable when an employee is unable to work because of illness. Employees 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.
11. STEWARDSHIP
Note 2: Stewardship, Compliance and Accountability
a. The following funds contained deficit fund balances as of June 30:
Special Revenue Funds:
Beautification
Capital Projects Funds:
Assessment District 89-1
Debt Service Funds:
Redevelopment Agency
$ 469,768
$ 21,498
$ 487,325
b. Excess of expenditures over appropriations in individual funds at the departmental level are as follows:
Expenditures Appropriations Excess
General Fund:
General government
City council $ 55,304 $ 42,390 $ 12,914
General overhead 1,401,291 1,164,388 236,903
Business licenses 112,562 110,626 1,936
Purchasing 153,856 146,915 6,941
Assessments and management
information systems 5,361 5,361
Public safety
Sheriff contract services 6,826,979 6,675,229 151,750
21
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 2: Stewardship, Compliance and Accountability (Continued)
Expenditures Anorooriations Excess
Engineering and public works
Engineering administration 649,374 488,728 160,646
Special Revenue Funds
SB 325
Engineering and public works 80,915 3,514 77,401
Beautification
Engineering and public works 103,492 103,492
Systems development
Engineering and public works 196,868 196,868
Drainage facilities
Engineering and public works 66,712 2,568 64,144
Federal aid urban
Engineering and public works 25,070 1,010 24,060
Community development block grant
Community development 155,106 80,979 74,127
Fire District
Public safety - fire protection 5,306,337 5,215,660 90,677
Interest and fiscal charges 94,128 94,128
Debt Service Funds
Central Park Acquisition
Interest and fiscal charges 386,286 384,810 1,476
Capital Projects Funds
Assessment District 82-1R
Capital outlay 99,774 96,095 3,679
Assessment District 84-2
Engineering and public works 210,483 201,113 9,370
Assessment District 86-2
Engineering and public works 37,601 37,601
Assessment District 89-1
Community development 62,145 60,534 1,611
22
IS 6111 11111 11111 6111 11111 E UN 1611 UM I I E 11111 NE 11111 11111
11111 MS E N- M SO MO -- I I M ME MO- OM E
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 3: Cash and Investments
Cash and investments at June 30 consisted of the following:
Pooled Cash and Deposits
Pooled Investments
Investment in County of San Bernardino Investment Pool
Investment in State Treasury's Investment Pool
Investment with Fiscal Agency - Mutual Funds
Cash with Fiscal Agent Invested in Mutual Fund
$ 46,282,079
45,655,560
1,357,883
19,759,000
7,512,670
39.627.498
Total Cash and Investments $
1•
4 69
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 entirely insured or collateralized. The California Government Code
requires California banks and savings and loan associations to secure a City's deposits by pledging government securities as
collateral. The market value of pledged securities must equal at least 110% of a City's deposits. California law also allows
financial institutions to secure City deposits by pledging first trust deed mortgage notes having a value of 150% of a City's total
deposits.
The City may waive collateral requirements for deposits which are fully insured up to $100,000 by the Federal Deposit Insurance
Corporation (FDIC).
Cash and Investments with Fiscal Agent
The City has monies held by a or 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 specific statutory
provisions governing the issuance of these bonds, certificates, or leases, may be invested in accordance with the ordinance,
resolutions or indentures specifying the types of investments its fiscal agent may make. These ordinances, resolutions, and
indentures are generally more restrictive than the City's general investment policy. In no instance have additional types of
investments, not permitted by the City's general investment policy, been authorized.
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, 1990 is $1,436,730. 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 classified as to credit risk by three categories as
follows: Category 1 includes deposits that are insured or collateralized, with the securities held by the City or its agent in the
City's name; Category 2 includes deposits which are uninsured but which are collateralized with the securities held by the
pledging financial institution's trust department in the City's name; Category 3 includes deposits which are uninsured and
uncollateralized, or collaterized with securities held by the pledging financial institutions, or by its trust department or agent but
not in the City's name.
Category Carrying Market
1 2 3 Amount Value
Cash in Bank $ 91,947 $ 4,059,475 $ - $ 4,151,422 $ 4,151,422
Certificates of Deposit 3,777,000 38,352,657 42,129,657 42,129,657
Totals $ P.668.947 $ 42.412.132 $ - $ 46.281.079 $ 45.281079
Pooled Investments
Authorized Investments
Under provisions of the City's Investment Policy, and in accordance with Section 53601 of the California Government Code, the
City may Invest in the following types of investments:
Securities of the U.S. Government, or its agencies
Small Business Administration Loans
Certificates of Deposit
Bankers Acceptance
Commercial Paper
Local Agency Investment Fund (State Pool) Deposits
24
IMO N I MIN N--__ MO N N= NM NM NM IS M IS
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 specific identifiable investment securities
are classified as to credit risk by three categories as follows: Category 1 includes investments that are insured or registered
for which securities are held by the City or its agent in the City's name; Category 2 includes uninsured and unregistered
investments for which the securities are held by the broker's or dealer's agent in the City's name; Category 3 includes uninsured
and unregistered investments for which the securities are held by the broker or dealer, or by its agent, but not in the City's
name.
1
City Investments:
Banker's Acceptance $
U.S. Government Securities
Commercial Paper 598,430
Money Market Investments -
Deferred Compensation Plan 1.335,855
Total City Investments
Cateaory
2
$ 6,175,336 $
14,572,402
2,258,447
20,614,215
100,875
3
Carrying
Amount
$ 6,175,336
14,572,402
2,856,877
20,614,215
1,436.730
Market
Value
$ 6,210,595
14,723,776
2,858,034
20,614,215
1,436,730
$ .] 934.285 $ 463.721.275 $ - $ 45.655 560 $ 45.843.350
Cash and Investments with Fiscal Agent:
Cash $ 98 $
U.S. Government Securities
Investment Agreement
30,900,000
Total Cash and Investment
with Fiscal Agent $ 0 900
09:
25
$- $ 98 $ 98
8,727,400 8,727,400 8,727,400
3900 000 30,900,000
$ 8.727,400 $ 39.627.498 $ 3_9.627.498
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 3:
Cash and Investments (Continued)
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 $ 19.759.000
Investment in County of San Bernardino's Investment Pool $ 1.357.883
Cash with Fiscal Agent Invested in Mutual Fund
Amounts invested in mutual funds cannot be assigned a credit risk category because the City does not own specific securities.
However, the fund's investment policies and practices with regard to the credit and market risks have been determined acceptable
to the City's investment policies.
Cash with Fiscal Agent Invested in Mutual Fund $ 7.512.670
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
Federal Aid Urban
Community Development Block Grant
Park Bond Acts
Total
Note 5: Deposits
Amount
$ 340,883
219,055
316,810
$ $7..748
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.
26
In a me a a au an um a la al a am ma No a ea a
NNW
M S IS OS N - _ NM N M N _ _ I I a a MI
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 6: Advances to Redevelopment Agency
During the current and prior fiscal years, the City of Rancho Cucamonga has loaned the Rancho Cucamonga Redevelopment Agency
funds for use in financing various projects. The loans which amount to $6,495,455 as of June 30, 1990 bear interest at rates of
6.5-7.3% per annum and are payable as funds become available to the Agency. As of June 30, a total of $2,062,166 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.
Note
7: Changes In General Fixed Assets
A summary of changes in general fixed assets follows:
Purchased/Contributed Assets:
Land
Building improvements
Improvements other than buildings
Equipment and vehicles
Furniture and fixtures
Assets acquired under capital
lease - equipment
Construction in progress
Total
27
Balance
June 30, 1989
$ 29,300,945
3,708,497
5,134, 319
377,728
677,066
14,829,935
$ 54.028,490
Balance
Additions Deletions June 30. 1990
$ 3,833,148
115,631
4,221,538
1,237,250
1,936,273
248,903
8,175,171
$ 19,76794
$ 33,134,093
3,824,128
4,221,538
27,093 6,344,476
2,314,001
925,969
23,005,106
$ 27.093 $ 73.702311
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
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 $ 698,536 $ 477,728 $ 220,808
Other equipment 5-10 years 61,032 20,387 40,645
Assets acquired through capital
leases - equipment 5-10 years 294.746 77,586 217,160
Total $ 1.054.314 $ 575.701 $ 478.513
Note 9: Pension Plan Obligations
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 $9,116,690 of which $8,515,379 was the payroll for employees covered by the system
for the year ended June 30, 1990.
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.
28
a - - M M - M IS - i MI _ I M I M N M a
N_- MO EN EN O- _- I I N MN I EN- EN E
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 9: Pension Plan Obligations (Continued)
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, 1989, but reflects all
plan amendments adopted through June 30, 1990. Significant actuarial assumptions used in the valuation include (1) a rate
of return on the investment of present and future assets of 8.5% a year compounded annually, (2) projected salary increases
of 5% a year compounded annually, attributable to inflation, (3) additional projected salary increases of 2% 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 $603,303 at June 30, 1989 as follows:
Pension Benefit Obligation:
Retirees and beneficiaries currently
receiving benefits and terminated
employees not yet receiving benefits $ 436,506
Current employees:
Accumulated employee contributions
including allocated investment earnings 2,136,291
Employer -financed vested 1,531,122
Employer -financed nonvested 505.978
29
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 9: Pension Plan Obligation (Continued)
Total Pension Benefit Obligation 4,609,897
Net assets available for benefits at cost
(Market Value = $6,109,870) 5,213,200
Assets in Excess of Pension Benefit Obligation $ 603,3Q,a
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
it it were paid annually from date of employment until retirement. PERS uses a modification of the Entry Age Cost Method
in which the employer's total normal cost is expressed as a level percentage of payroll. PERS also uses the level percentage
of payroll method to amortize any unfunded actuarial liabilities. The amortization period of the unfunded actuarial liability ends
in the year 2000.
The significant actuarial assumptions used to compute the actuarially determined contribution requirement are the same as those
used to compute the pension benefit obligation, as previously described.
The contribution to the system for the year ended June 30, 1990 of $1,189,088 was made in accordance with actuarially
determined requirements computed through an actuarial valuation performed as of June 30, 1989. The contribution consisted
of $1,189,088 normal cost (13.96% of current covered payroll).
During the year, the City contributed $596,077 (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.
Three-year trend information for the City follows:
30
EN NO NM I NM I N I a a a- EN NE r I a NE
I a I MN MI NM N e NMI = MI N MI I all M INIII
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 9: Pension Plan Obligation (Continued)
Net assets available for benefits
Pension benefit obligation
Net assets available for benefits expressed as
a percentage of the pension benefit obligation
Assets in excess of pension benefit obligation
Annual covered payroll
Assets in excess of pension benefit obligation,
expressed as a percentage of annual covered payroll 25.5 %
1986-87
$ 3,629,308
2,636,057
137.7 %
993,251
3,892,067
Employer contributions. These contributions were
made in accordance with actuarially determined
requirements
308,950
Annual covered payroll 3,892,067
Employer contributions expressed as a percentage of
annual covered payroll 7.9 %
For the fiscal year 1989-90, the net assets available for benefits expressed as a percentage of
and the unfunded (assets In excess of) pension benefit obligation, expressed as a percentage
not presented as the pension benefit obligation for the current year was not computed.
31
1987-88 1988-89
$ 4,289,840 $ 5,213,200
3,455,000 4,609,897
124.2 %
834,840
5,318,015
113.1 %
603,303
7,037,782
15.7 % 8.6 %
3,191 476,976
5,318,015 7,037,782
.1 % 6.8 %
the pension benefit obligation
of annual covered payroll are
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 10: Deferred Revenue
Deferred revenue as of June 30, 1990 consists of the following:
General Fund - interest accrued on advances to Rancho Cucamonga
Redevelopment Agency which is measurable but not available $ 2,062,166
Special Revenue Funds - development fees collected in advance from various
developers for future improvement projects. They are reported as follows:
Beautification $ 34,970
Systems Development 519,865
Drainage Facilities 1,908
556.743
Total $ 2 618.909
Note 11: Long -Term Debt
a. A description of individual components of long-term debt outstanding as of June 30, 1990 follows:
Certificates of Participation:
1. $6,390,000 Certificates of Participation, Califomia Cities Financing Corporation, 1988 Series B - On October 4, 1988, the
California 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.
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
32
E M IS MO - MI = M I = IIIMI M N
MINI a a a a a a a a a a a a MEI a a a Na a
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long -Term Debt (Continued)
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.
The Corporation is treated as a component unit of the reporting entity and is reported as a debt service fund.
Tax Allocation Bonds
1. Rancho Cucamonga Redevelopment Agency, Rancho Redevelopment Project, 1990 Tax Allocation Bonds, 5107,780,000. - These
bonds are dated March 1, 1990 and were issued to provide for the advance refunding of $32,345,000 Rancho Cucamonga
Redevelopment Agency, Rancho Redevelopment Project Tax Allocation Bonds, 1986 Series A, advance refunding of 59,300,000
Rancho Cucamonga Redevelopment Agency, Rancho Redevelopment Project Refunding Tax Allocation Bonds, 1987 Series
A, and the advance refunding of $9,500,000 City of Rancho Cucamonga Certificates of Participation (Fire Facilities Project).
Interest is payable 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 Ram September 1 Amount Ram
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.
33
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long -Term Debt (Continued)
Pledged revenue for this issue is described below.
Pledaed Revenues: 1990 Issues
The Revenues, except as provided below, are pledged in their entirety to the payment of principal of, and interest on and
redemption premium, if any, on the bonds listed above and are referred to in the applicable series resolutions, as 'Pledged
Tax Revenues'.
Pledged Tax Revenues do not include that portion of Tax Revenues derived from the Project Area which are required by
Section 33334.2 of the Redevelopment Law to be set aside by the Agency in a separate low and moderate income housing
fund and be used for the purpose of increasing and improving the community's supply of low and moderate income housing.
Pledged Tax Revenues also do not include that portion of Tax Revenues derived from the Project Area which are required
to be used by the Agency in accordance with the provisions of certain agreements entered into by the Agency. The Agency
has entered into cooperative agreements with taxing agencies affected by the Redevelopment Project. Such agreements have
been entered into with (i) the Chino Basin Municipal Water District, (ii) the County of San Bernardino on behalf of the County
Free Library and the San Bemardino County Flood Control District, (iii) the Cucamonga County Water District, (iv) the Foothill
Fire Protection District and (v) various school districts located within the project area. Under the terms of these agreements,
the Agency has agreed that certain Tax Revenues attributable to those areas and which are allocated to the Agency pursuant
to Section 33670(b), shall be pledged by the Agency to make certain cash payments or in lieu of contributions to each
affected taxing agency. Such payments are to be made from Tax Revenues allocated to the Agency. Pledged Tax Revenues
also do not include interest income on the various funds and accounts created by the series resolutions. Any such
investment income is available to the Agency to meet debt service payments on the bonds but is not specifically pledged
therefor.
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 1998-1999. 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.
Advances to/from Redevelopment Aaencv:
1. 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 $6,495,455 as of June 30, 1990 bear interest
34
a OM _ NM N N N - _ - - IMO N M, - _ M
IS=-- = M N 1 M M MIN I M IN NMI I OM M MN
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long -Term Debt (Continued)
at rates of 6.5-7.3% per annum and are payable as funds become available to the Agency. As of June 30, a total of
$2,062,166 matured interest due on these loans has been added to principal.
2. On September 16, 1987, the Rancho Cucamonga Redevelopment Agency loaned the City $4,290,000 for use in financing
various public safety and parking structures and offsite improvements. This loan was made to the Capital Reserve 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.
Caoital Lease Obliaation
The City entered into equipment lease purchase agreements with various vendors. The following is
of future minimum lease payments as of June 30, 1990.
Fiscal Year
1990-91
1991-92
1992-93
1993-94
1994-95
Total Minimum Lease Payments
Less: Amount Representing Interest
Present Value of Net Minimum Lease Payments
b. Defeasance of Bonds
On March 1, 1990, the Rancho Cucamonga Redevelopment Agency issued $107,780,000 in
interest rate of 6.9 percent. A portion of the proceeds was used to advance refund
Allocation Series A Bonds, $9,100,000 of outstanding 1987 Refunding Tax Allocation
outstanding Certificates of Participation. The 1986 Tax Allocation Bonds had an average
35
Internal
Service Fund
$ 27,499
27,499
27,499
27,499
27,497
137,493
(25,807)
$ 111.6$§
a schedule by years
Long -Term Debt
Account Grouo
$ 197,027
178,238
156,936
59,628
27.499
619,328
(83,230)
$ 536.098
Tax Allocation Bonds with an average
$31,215,000 of outstanding 1986 Tax
Bonds Series A, and $9,400,000 of
interest rate of 7.5 percent, the 1987
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long -Term Debt (Continued)
Refunding Tax Allocation Bonds had an average interest rate of 7.3 percent, and the Certificates of Participation had an average
interest rate of 7.4 percent. The net proceeds amount to $105,174,544 (after payment of $3,164,714 bond discount plus a
receipt of $559,258 accrued interest). The net proceeds of $105,174,544 plus an additional $51,679,767 of 1986 and 1987 Tax
Allocation Bonds funds monies, less $30,703,083 of bonds proceeds to be used for redevelopment capital projects, were used
to purchase U.S. Government Securities. Those securities were deposited in an irrevocable trust with an escrow agent to provide
for all future debt service payments on the 1986 and 1987 Tax Allocation Bonds and Certificates of Participation. As a result,
the 1986 and 1987 Tax Allocation Bonds and the Certificates of Participation are considered defeased in substance and the
liability for these bonds and certificates has been removed from the General Long -Term Debt Account Group.
The advance refunding resulted in an increase of total debt service payment over the next 30 years by $2,353,261 and created
an economic gain (the difference between the present values of the debt service payments on the old and new debt) of
$7,138,700.
In prior years, the Agency defeased 1984 Series A tax allocation bonds 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. On June 30, 1990, $57,120,000 of bonds
outstanding are considered defeased.
c. The following is a schedule of changes in long-term debt of the City for the fiscal year ended June 30, 1990:
Outstanding Adjustments Defeased Outstanding
July 1. 1989 (Note 15b) (Note 11 b) Additions Deductions June 30, 1990
Certificates of Participation:
Central Park Acquisition $ 6,390,000 $ $ - $ $ 905,000 $ 5,485,000
Fire Facility 9,400,000 - 9,400,000
Public Improvement
Corporation 2,875,000 215.000 2,660,000
Total Certificates
of Participation $ 18,665,000 $ - $ 9,400,000 $ $ 1,120,000 $ 8.145.000
Tax Allocation Bonds:
1986, Series A $ 31,215,000 $ - $ 31,215,000 $ $ $
1987, Series A 9,100,000 - 9,100,000
1990, Series A 107.780.000 107.780.000
36
NM NM ,O MN NM MN NM l— MN NM _. MI On —, _ r1.11
1_ MN= r N MN r NM N 1 S M N I- SI MN
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long -Term Debt (Continued)
Outstanding Adjustments Defeased Outstanding
July 1. 1989 (Note 15b1 (Note 11 b) Additions Deductions June 30. 1990
Total Tax
Allocation Bonds $ 40,365,000 $
$ 40.315,000 $ 107.780.000 $ $ 107,780,000
Advances from Other Funds:
City of Rancho
Cucamonga 6,495,455 6,222,640 6,222,640 6,495,455
Matured unpaid interest
added to principal 1,527,421 534,745 2,062,166
Rancho Cucamonga Re-
development Agency 4.290,000 - 4,290,000
Total Advances
from Other Funds $ 12,312,876 $ - $ - $ 6,757,385 $ 6,222,640 $ 12,847,621
Obligations Under
Capital Leases $ 438,291 $ $ $ 248,619 $ 150,812 $ 536,098
Accrued Employee
Benefits
$ 1,259,239 $ (286,758) $ $ 45.679 $ 200,099 $ 818.061
Total $ 72.990.406 $ W86.758) $ 49.715.000 $ 114.831.683 $ 7.693.551 $ 130.126.780
d. The following schedule illustrates the debt service requirements to maturity for certificates of participation and loans outstanding
as of June 30, 1990:
37
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 11: Long -Term Debt (Continued)
Certificates Tax Advances
of Allocation From Other
Fiscal Year Participation Bonds Funds Total
1990-91 $ 1,690,135 $ 7,456,778 $ 13,746,954 $ 22,893,867
1991-92 1,693,433 7,456,778 9,150,211
1992-93 1,689,625 7,456,778 9,146,403
1993-94 1,687,577 7,456,778 9,144,355
1994-95 1,687,035 9,255,200 10,942,235
Later years 1,590.745 227,762,231 229.352.976
Total Debt Service 10,038,550 266,844,543 13,746,954 290,630,047
Less Interest 1,893,550 159.064.543 899.333 161,857.426
Total Principal $ 8.145.000 $ 107.780.000 $ 12.847.621 $ 128.772.621
Loans outstanding do not have fixed amortizations. As funds will be repaid when available, amounts above represent the loan
balance as of June 30, 1990.
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
City of Rancho Cucamonga Home Mortgage Revenue Bonds:
1984 Series A $ 27,825,000
1985 Series A 53,725,000
Rancho Cucamonga-Palmdale-Porterville-Colton Housing Finance Agency,
Single Family Mortgage Revenue Bonds, Series 1986 17,505,000
38
In I MN OM = NM IIIIII M I r I I NM M — r S NM
a a I_ a_ M W In a a a a MINI
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 12: Other Special Obligations (Continued)
Note 13:
City of Rancho Cucamonga:
Improvement Bonds, Improvement District 85 -PD
Improvement Bonds, Assessment District No, 82-1 R
Community Facilities District No. 84-1,
Special Tax Bonds, Series A
Improvement Bonds, Assessment District 84-2
Improvement Bonds, Assessment District 86-2
Rancho Cucamonga Redevelopment Agency:
Residential Mortgage Revenue Bonds, 1983 Series A
Residential Mortgage Revenue Bonds, 1984 Series A
Covina -Rancho Cucamonga -Calexico -Downey Housing Finance Agency,
Residential Mortgage Revenue Bonds
Certificate of Participation - Kanter and Foothill Property
Total
Interfund Receivables and Payables
The individual fund interfund receivable and payable balances at June 30, 1990 are as follows:
General Fund
Special Revenue Funds:
Gas Tax
SR 325
Beautification
Systems Development
Park Bond Act
Pedestrian Grant
Federal Aid Urban
39
Interfund
Receivables
$ 2,078,670
719
58,637
102,455
6,085
159,062
Original
Amount
7,334,776
5,961,249
18,000,000
1,716,794
2,059,352
36,200,000
21,375,000
22,074,000
3,100,000
$ ?„15.$76,171
Interfund
Payables
$ 388,264
297,761
407,135
78,926
250,629
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 13: Interfund Receivables and Payables (Continued)
Inter!und Intar!und
Receivables Payables
Community Development Block Grant 132,647
Assessment Administration 37,090
Fire District 21,751
Debt Service Funds:
Redevelopment Agency
Capital Projects Funds:
Assessment District 85 -PD
Redevelopment Agency
Agency Funds:
Assessment District 84-1
Assessment District 86-2
Assessment District 85 -PD
Total
Note 14: Fund Equity
a. Reservation of Fund Balance
664,167 1,034,078
1,199
1,833,719 3,188,878
851,748
49,016
34,080
$ 5.838^358 $ 5.838.358
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:
GeneralFund $ 3.035.000
Special Revenue Funds:
SB 325 225,000
System Development 65,000
Drainage Facilities 950,455
Federal Aid Urban 120.000
Total Special Revenue Funds 1,360,455
40
MN la MO En MN N NM M I r M IS I_- I r M N
a a a M a MN a a NM OM MIN I MINI N INN S E UM
Cary of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 14: Fund Equity (Continued)
Capital Projects Funds:
Capital Reserve
Assessment District:
84-1
!Redevelopment Agency
100,000
4,290,000
Total Capital Projects Funds 4,390,000
Total Reserve for Advances to
Other Funds
$ 8 785.455
Reserved for Encumbrances'
General Fund $ 1 199143
Special Revenue Funds:
Gas Tax
SB 325
Recreation
Park Development
Beautification
Lighting Districts
Landscape Maintenance Districts
System Development
Park Bond Act
Drainage Facilities
Federal Aid Urban
Community Development
Block Grant
Assessment Administration
Total Special Revenue Funds
Capital Projects Funds:
Capital Reserve
Assessment District:
82-1R
41
218,593
603,389
3,914
2,510,291
215,750
3,618
144,918
2,164, 765
810
1,134,607
148,165
179,041
108,406
7,436,267
1,021,003
26,920
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 14: Fund Equity (Continued)
84-1 2,065,381
84-2 6,426
86-2 9,561
85 -PD 109,200
89-1 52,482
Redevelopment Agency 2.720,575
Total Capital Projects Funds 6,011.548
Total Reserve for Encumbrances $ 14.646.958
Reserved for Land Acquisition:
Special Revenue Funds:
Fire District $ 358,986
Total Capital Projects Funds $ 358.986
Total Reserved $ 23.791.399
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.
42
Mi in me r a in a a ma am no so EN— unt, a at a ism
NM N OM NMI OM M O_ a a a a— M Ma MI I NM MI
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 14: Fund Equity (Continued)
b. Unreserved • Designations
The City has established certain designations to indicate tentative managerial plans or intent.
Designated for Self Insurance
General Fund
583,423
Designated for changes in economic circumstances
General Fund $ 802,251
Capital Projects Funds:
Capital Reserve Fund 897,749 1,700,000
Designated for Tree Replacement
Special Revenue Funds:
Landscape Maintenance District
Designated for Pass Through Agreements
Capital Projects Funds:
Redevelopment Agency
Designated for Debt Service
Debt Service Funds:
Central Park Acquisition
Fire District
Central Park Acquisition
Public Improvement Corporation
Total Debt Service Funds
Total
43
$ 657,698
715
39,917,023
289,655
45,825
5,953,657
40,865,091
$ 49.147.996
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 15: Restatements and Adjustments
a. Restatements
1. General Fund
Fund balance as of June 30, 1989 has been reduced by $403,546 as the result of a Gas Tax Audit which disallowed
expenditures for fiscal years 1986-87 and 1987-88 which were originally charged in the Gas Tax Fund.
Beginning fund balance has been reduced by $8,326 to charge expenditures to this fund which were originally charged to
the SB 325 Fund in prior years.
Beginning fund balance has been reduced by $5,268 to charge expenditures exceeding the grant award amount which were
recorded in the Pedestrian Grants Fund in prior years to the General Fund.
Beginning fund balance has been reduced by $22,539 to charge the City's matching share of FAU expenditures which were
recorded in the Federal Aid Urban Fund in prior years to the General Fund.
Beginning fund balance has been increased by $251,727 to reduce the current portion of accrued employee benefits payable
which had been overaccrued in prior years.
Total General Fund Restatements
2. Special Revenue Funds
Gas Tax Fund
$ (187.952)
Beginning fund balance has been increased by $407,008 as the result of a Gas Tax Audit which disallowed expenditures
charged to this fund in fiscal years 1986-87 and 1987-88.
SB 325 Fund
Beginning fund balance has been increased by $35,000 as the result of a county audit which disallowed a transfer made
from this fund to the Pedestrian Grants Fund in fiscal year 1987-88.
Beginning fund balance has been increased by $8,326 to reduce expenditures charged to this fund in prior years which
should have been charged to the General Fund.
44
M N 1 M I MI MI I S M E I M r MI NM
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 15: Restatements and Adjustments (Continued)
Systems Development Fund
Beginning fund balance has been increased by $30,331 to reduce FAU expenditures recorded in this fund in prior years
which should have been recorded in the Federal Aid Urban Fund.
Federal Aid Urban Fund
Beginning fund balance has been reduced by $30,331 to charge FAU expenditures to this fund which were charged to
the Systems Development Fund in prior years.
Beginning fund balance has been increased by $30,331 to record the revenue and grants receivable eamed by the
expenditures from the above stated adjustment. The net affect on this fund's beginning fund balance is zero.
Pedestrian Grants Fund
Beginning fund balance has been decreased by $35,000 as the result of a county audit which disallowed a transfer made
to this fund from the SB 325 Fund in fiscal year 1987-88.
Beginning fund balance has been Increased by $5,268 to remove expenditures exceeding the grant award amount
recorded in this lund in prior years, which should have been recorded in the General Fund,
Beginning fund balance has been increased by $33,090 to record revenue and grants receivable pertaining to fiscal year
1988-89 which was not accrued.
Total Special Revenue Fund Restatements $ 434.023
Total Fund Balance Restatements $ 296,071
b. Adjustments
Lona -Term Debt Account Group
The beginning balance of accrued employee benefits has been reduced by $286,758 to reduce the long-term portion of
accrued employee benefits which had been overaccrued in prior years.
45
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
IV. OTHER DISCLOSURES
Note 16: 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 $5,000,000.
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 12% as of June 30, 1989. The City's share in the pool as of June 30, 1990 was not available
at the date of this report. 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, 1990 is as follows:
Unaudited
Revenues $ 2,787,901
Expenses 2,202,754
Excess of Revenue Over Expenses Before
Retrospective Premium Adjustment 585,147
Retrospective Premium Adjustment (477,995)
Net Increase in Fund Balance $ 107,152
Total Assets $ 4.711.445
Total Liabilities $ 4,508,826
Total Fund Balance 202,619
Total Liabilities and Fund Balance $ 4.711.445
The CMIA has obtained an excess liability insurance policy of $4,000,000 in excess of $1,000,000 self-insurance retention.
46
all EN SS EN N IS NS I__- -- N IS ■■I MI MI
-J
INN 11111 INN — MI B M I Me N I— N MN V I SS N 111111
City of Rancho Cucamonga
Notes to Financial Statements (Continued)
Note 16: Summary Disclosure of Self -Insurance Contingencies (Continued)
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 $583,423 is adequate to cover such losses.
This designation exceeds the CMIA requirement of three times the City's self-insured retention.
Note 17: 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, 1990 the following balances of assets and liabilities were present:
Total Assets
Liability to Plan Participants
47
Cost Value
$ 1.436.730
$ 1.436 730
Market Value
$ 1.436.730
$ 1.436134
1
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GENERAL FUND
The General Fund is used to account for all of the general revenues of the City not specifically
levied or collected for some special purpose, and for the expenditures related to the rendering of
general services by the City. The General Fund is established to account for all financial
resources except those required to be accounted for in another fund.
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11111 NI I- -- r r OM MI r MI MI MI MI la NM IS
CITY OF RANCHO CUCAMONGA Schedule 1
BALANCE SHEET
GENERAL FUND
JUNE 30, 1990 June 30,
1990 1999
ASSETS
Cash and investments $ 1,448,518 $ 6,021,315
Receivables (net of allowance for uncollectibles):
Taxes 386,751 465,671
Accounts 383,494 201,423
Interest 84,208 165,075
Due from other funds 2,078,670 1,715,146
Advances to other funds 5,097,166 4,562,421
Tatal Assets
LIABILITIES AND FUND BALANCES
$ 9,478,807 $ 13,131,051
Liabilities:
Accounts payable $ 768,051 $ 170,991
Accrued payroll payable 317,442 280,070
Accrued employee benefits payable - current 323,067 514,393
Due to other funds 388,264 409,874
Deferred revenue 2,062,166 1,527,421
Total Liabilities
3,858,990 2,902,749
Fund Balances:
Reserves:
Reserved for encumbrances 1,199,143 746,954
Reserved for advances to other funds 3,035,000 3,035,000
Unreserved:
Designated for self -Insurance 583,423 583,423
Designated for employee benefits 296,634
Designated for changes In economic circumstances 802,251 1,069,709
Undesignated 4,496,582
Total Fund Balances 5,619,817 10,228,302
Total Liabilities and Fund Balances
$ 9,478,807 $ 13,131,051
CITY OF RANCHO CUCAMONGA
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
GENERAL FUND
FOR THE FISCAL YEAR ENDED JUNE 30,1990
Revenues:
Taxes
Licenses and permits
Fines and forfeits
Use of money and property
Intergovernmental
Charges for services
Other
Total Revenues
Expenditures:
Current:
General govemment
Public safety
Engineering and public works
Community development
Community services
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess of Revenues over (under) Expenditures
Other Financing Sources (Uses):
Operating transfers In
Operating transfers out
Capital lease proceeds
Total Other Financing Sources (Uses)
Excess of Revenues and Other Sources over
(under) Expenditures and Other Uses
Fund Balances:
Beginning of Fiscal Year • as previously reported
Restatement
Beginning of Fiscal Year - as restated
Excess of Revenues and Other Sources over
(under) Expenditures and Other Uses
End of Fiscal Year
49
Year Ended
1990
$ 9,504,860
1,996,471
308,389
110,830
3,969,714
2,422,325
468,099
18,780,688
Schedule 2
June 30,
1989
$ 8,167,364
2,902943
264,831
459,603
3,600,119
3,581,861
2,209,548
21,186,269
6,957,792 5,186,886
6,933,276 6,117,980
6,318,573 5,837,105
3,107,185 2,755,691
936,553 825,921
150,813 122,704
35,818 19,918
24,440,010 20,866,205
(5,659,322) 320,064
989,886 1,355,543
- (491,169)
248,903 305,320
1,238,789 1,169,694
$ (4,420,533) $ 1,489,758
$10,228,302 $ 8,738,544
Q87,952)
10,040,350
(4,420,533) 1,489,758
$ 5,619,817 $10,228,302
r- .. .. r ■. r r MU MN MI MI S r r r IS M r
111111 NI ME- ME N SI SE EN MN I- _ 1 EN E- - IS I
CITY OF RANCHO CUCAMONGA
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (BUDGETARY BASIS)
GENERAL FUND
FOR THE FISCAL YEAR ENDED JUNE 30,1990
Revenues:
Property taxes
Other taxes:
Property transfer tax
Transient occupancy tax
Sales and use taxes
Admission tax
Franchise taxes
Total Taxes
Licenses and permits:
Building permits
Business licenses
Other permits
Total Licenses and Permits
Fines, forfeits and penalties:
Court fines
Total Fines and Forfeits
Use of money and property:
Interest Income
Rent
Total Use of Money and Property
Intergovernmental:
Cigarette tax
Motor vehicle in lieu
Trailer coach
Homeowners exemption and other subvention
Off-highway motor vehicle
Cost reimbursements
Total Intergovernmental
50
Year Ended June 30,
1990
Budget Actual
$ 2,120,920 $ 2,114,650
450,000 529,282
2,500 4,658
4,765,000 4,990,040
18,000 22,766
1,625,460 1,843,464
8,981,880 9,504,860
1,370,000 1,161,546
900,000 814,763
13,200 20,162
2,283,200 1,996,471
269,770 308,389
269,770 308,389
790,589 110,830
100 -
790,689 110,830
185,000 168,036
3,900,000 3,737,175
6,500 39,009
7,600 23,710
2,000 1,784
$ 4,101,100 $ 3,969,714
Schedule 3
1989
Varlance-
Favorable
(Unfavorable) Actual
$ (6,270) $ 1,545,273
79,282
2,158
225,040
4,766
218,004
528,921
2,515
4,395,299
183,461
1,511,895
522,980 8,167,364
(208,454)
(85,237)
6,962
(286,729) 2,902,943
2,059,121
826,627
17,195
38,619
38,619
(679,759)
(100)
(679,859)
264,831
264,831
459,565
38
459,603
(16,964) 171,401
(162,825) 3,304,520
32,509 14,114
16,110 4,703
(216) 1,611
103,770
$ (131,386) $ 3,600,119
CITY OF RANCHO CUCAMONGA
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (BUDGETARY BASIS)
GENERAL FUND
FOR THE FISCAL YEAR ENDED JUNE 30,1990
Charges for services:
Plan check fees
Planning fees
Engineering fees
Sale of materials
Other charges for services
Total Charges for Services
Other:
Cost reimbursements
Sale of surplus properties
Miscellaneous revenue
Total Other
Total Revenue
Expenditures:
General govemmem:
City council
City manager
City clerk
Personnel overhead
General overhead
Treasurer
Administrative services
Finance
Business licenses
Personnel
Purchasing
Risk management
Assessments and management information systems
City facilities
Total General Government
51
Budget
$ 834,650
260,000
2,400,000
60,000
250
3,554,900
1,053,539
35,700
1,089,239
$21,070,778
$ 42,390
385,645
314,702
2,861,552
1,164,388
1,012
144,980
470,435
110,626
232,615
146,915
75,296
1,486,997
$ 7,437,553
Schedule 3
(Continued)
Year Ended June 30,
1990 1989
Variance -
Favorable
Actual (Unfavorable) Actual
$ 729,905
182,314
1,448,925
61,061
120
$ (104,745) $ 982,384
(77,686) 171,883
(951,075) 2,368,794
1,061 58,350
(130) 450
2,422,325 (1,132,575) 3,581,861
461,615 (591,924) 2,164,299
8,805
6,484 (29,216) 36,444
468,099 (621,140) 2,209,548
$18,780,688 $(2,290,090) $ 21,186,269
$ 55,304
365,262
195,121
2,629,427
1,401,291
920
141,718
411,623
112,562
197,594
153,856
56,197
5,361
1,458,662
$ (12,914)
20,383
119,581
232,125
(236,903)
92
3,262
58,812
(1,936)
35,021
(6,941)
19,099
(5,361)
28,335
$ 7,184,898 $ 252,655
$ 35,625
347,090
161,076
1,785,912
1,292,983
667
159,783
303,791
95,435
132,395
94,034
48,614
862,154
$ 5,319,559
EN NMI NO IMO NS NM IIIIII IIIIII NIS INNI 1011 11111 SIM NM 11•1
M le I_-_ M I N I- I I_ N NE E NE NE
CITY OF RANCHO CUCAMONGA
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (BUDGETARY BASIS)
GENERAL FUND
FOR THE FISCAL YEAR ENDED JUNE 30, 1990
Public safety
Sheriff contract services
Emergency preparedness
Total Public Safety
Engineering and public works:
Engineering administration
Development management
Traffic management
Project management
Construction management
Street and park maintenance
Street lighting
Total Engineering and Public Works
Community development:
Planning commission
Administration
Planning
Historical preservation commission
Environmental management commission
Building and safety
Total Community Development
Community services:
Community services
Park and recreation commission
Total Community Services
Debt service:
Principal
Interest and fiscal charges
Total Debt Service
Total Expenditures
Excess of Revenues over (under) Expenditures
52
Year Ended June 30,
1990
Budget Actual
$ 6,675 229 $ 6,826,979
247,633 226,513
6,922,862 7,053,492
488,728 649,374
1,238,746 1,175,864
284,111 226,101
48,685 38,145
462,307 399,225
4,645,088 4,151,564
425,000 447,683
7,592,665 7,087,956
17,950 12,965
126,252 100,282
1,950,161 1,555,166
3,874 3,065
800 110
1,605,971 1,512,959
3,705,008 3,184,547
962,593 939,888
3,615 1,741
966,208 941 629
$26,624,296
$ (5,553,518)
150,813
35,818
186,631
525,639,153 IDI
$ (6,858,465)
Schedule 3
(Continued)
1989
Variance -
Favorable
(Unfavorable) Actual
$ (151,750) $ 5,979,046
21,120 206,551
(130,630) 6,185,597
(160,646) 452,730
62,882 948,761
58,010 192,429
10,540 93,518
63,082 425,298
493,524 3,787,216
(22,683) 417,388
504,709 6,317,340
4,985 15,493
25,970 253,553
394,995 1,241,567
809 1,680
690 -
93,012 1,297,600
520,461 2,809,893
22,705 837,113
1,874 1,035
24,579 838,148
(150,813) 122 704
(35,818) 19,918
(186,631) 142,622
$ 985,143 $ 21,613,159
$ (1,304,947) $ (426,890)
CITY OF RANCHO CUCAMONGA
SCHEDULE OF REVENUES, EXPENDITURES AND
CHANGES 1N FUND BALANCES - BUDGET AND ACTUAL (BUDGETARY BASIS)
GENERAL FUND
FOR THE FISCAL YEAR ENDED JUNE 30, 1990
Other Financing Sources (Uses):
Operating transfer In
Operating transfer out
Capital lease proceeds
Total Other Financing Sources (Uses)
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (Budgelray Basis)
Adjustments:
To adjust for encumbrances
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GMP Basis)
Fund Balances:
Beginning of Fiscal Year - as previously reported
Restatement
Beginning of Year - as restated
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GMP Basis)
End of Fiscal Year
53
Year Ended June 30,
1990
Schedule 3
(Continued)
1989
Varlance-
Favorable
Budget Actual (Unfavorable) Actual
$ 985,775 $ 989,886 $ 4,111 $ 1,355,543
(491,169)
248,903P 248,903 305,320
985,775 1,238,769 253,014 1,169,694
(4,567,743) (5,619,676) (1,051,933) 742,804
1,199,143- 1,199,143 746,954
$ (4,567,743) $ (4,420,533) $ 147,210 $ 1,489,758
$10,228,302 $10,228,302 $ • $ 8,738,54-4
(187,952) (187,952)
10228,302 10,040,350 (187,952)
(4,567,743) (4,420,533) 147,210
$ 5,660,559 $ 5,619,817 $ (40,7421 $ 10228,302
MS I I OM MB M— N M M SI N M M— N MI all r
SPECIAL REVENUE FUNDS
Special Revenue Funds are used to account for the proceeds of specific revenue derived from
taxes and other earmarked revenue sources (other than special assessments, expendable trusts, or
for major capital projects) that are legally restricted or by administrative action to expenditure
for specified purposes.
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II
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.
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I MN M i OM MI NM I = OM I MI N I NM I N I MS
ASSETS
Cash and investments
Receivables (net of uncollectibles):
Taxes
Accounts
Interest
Grants
Liens
Due from other funds
Deposits
Advances to other funds
Total Assets
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable
Accrued payroll payable
Due to other funds
Accrued employee benefits
Deferred revenue
Total Liabilities
CITY OF RANCHO CUCAMONGA
COMBINING BALANCE SHEET
ALL SPECIAL REVENUE FUNDS
JUNE 30,1990
Schedule 4
Landscape
Park Lighting Maintenance
Gas Tax SB 325 Recreation Development Beautification SB 300 Districts Districts
$1,117,778 $1,497,263 $ 282,489 $ 4,131,339 $ $ 14,861 $507,880 $ 2,069,015
- 3,199 11,409
- - - - - 543
11,631 15,580 56,576 154 5,285 21,482
23,327
719 58,637
- - 635,000
225,000 2,000,000
$1,153,455 $1,796,480 $ 282,489 $ 6,822,915 $ - $ 15,015 $ 516,364 $ 2,102,449
$ 58,817 $ 40,345 $ 15,951 $ 321,229 $ 133,012 $ - $ 22,541 $ 68,791
8,290 3,514 5,711 - 4,025
297,761
34,970
67,107 43,859 21,662 321,229 469,768
22,541 68,791
Fund Balances:
Reserved for encumbrances 218,593 603,389 3,914 2,510,291 215,750 3,618 144,918
Reserved for advances to other funds 225,000 - _ -
Reserved for land acquisition -
Unreserved:
Designated for tree replacement _
45,825
Undesignated 867,755 924,232 256,913 3,991,395 (685,518) 15,015 490,205 1,842,915
Total Fund Balances 1,086,348 1,752,621 260,827 6,501,686 (469,768) 15,015 493,823 2,033,658
Total Liabilities and Fund Balances $1,153,455 $1,796,480 $ 282,489 $ 6,822,915 $ - $ 15,015 $ 516,364 $ 2,102,449
54
ASSETS
Cash end Investments
Receivables (net of uncollectibles):
Taxes
Accounts
Interest
Grants
Llens
Due from other funds
Deposits
Advances to other funds
Total Assets
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable
Accrued payroll payable
Due to other funds
Accrued employee benefits
Deterred revenue
Total Liabilities
Fund Balances:
Reserved for encumbrances
Reserved for advances to other funds
Reserved for land acquisition
Unreserved:
Designated for tree replacement
Undesignated
Total Fund Balances
Total Liabilities and Fund Balances
CITY OF RANCHO CUCAMONGA
COMBINING BALANCE SHEET
ALL SPECIAL REVENUE FUNDS
JUNE 30, 1990
Systems Paris Bond
evelopment Act
$ 2,562,473 $
26,665
24,743
102,455
65,000
Drainage Pedestrian
Facilities Grants
$ 818,077
4,210
407,135 72,841
$ 2,781,336 $ 407,135
950,455
6,085
$ 1,772,742 $ 78,926
$ 123,125 $ - $ 97,538 $ -
7,679 - 2,567 -
407,135 78,926
519,865 1,908
650,669 407,135 102,013 78,926
2,164,765
65,000
810 1,134,607
950,455
(99,098) (810) (414,333)
2,130,667 1,670,729
$ 2,781,336 $ 407,135 $ 1,772,742 $ 78,926
55
Federal
Aid Urban
$ 49,194
Community
Development
Block Grant
Assessment
Administration
$ $ 230,189
240,597 184,554
159,062
120,000
$ 568,853 $ 184,554
$ 30,379
855
250,629
$ 51,907
132,647
281,863 184,554
148,165 179,041
120,000
18,825 (179,041)
286,990
$ 568,853 $ 184,554
2,395
$ 232,584
$ 11,515
20,949
37,090
69,554
108,406
54,624
163,030
$ 232,584
Schedule 4
(Continued)
San Seva!ne
Etiwanda
Drainage
$ 32,645
$ 32,645
32,645
32,645
$ 32,645
a a MN M r a MI a a NM r a I M, a a IS MN
NE la an En
a al _ - m - _ - - - - - NM E 11.1
CITY OF RANCHO CUCAMONGA Schedule 4
(Continued)
ASSETS
Cash and investments
Receivables (net of uncollectibles):
Taxes
Accounts
Interest
Grants
Liens
Due from other funds
Deposlts
Advances to other funds
Total Assets
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable
Accrued payroll payable
Due to other funds
Accrued employee benefits
Deferred revenue
Total Liabilities
Fund Balances:
Reserved for encumbrances
Reserved for advances to other funds
Reserved for land acquisition
Unreserved:
Designated for tree replacement
Undesignated
Total Fund Balances
Total Liabilities and Fund Balances
COMBINING BALANCE SHEET
ALL SPECIAL REVENUE FUNDS
JUNE 30,1990
Fire
Measure I District
57,369 125,000
79,310
TOTALS
June 30,
1990 1989
$ 2,886,115 $16,199,318 $19,756,257
$ 57,369 $ 3,090,425
$ - $ 118,550
82,295
21,751
338,162
14,608 -
182,912 276,522
223,288 127,769
905,127 237,396
48,070 54,199
326,958 150,244
635,000 635,000
3,360,455 3,360,455
$ 21, 895, 736 $ 24, 597,842
$ 1,093,700
135,885
1,225,939
338,162
556,743
$ 792,982
148,442
248,878
338,162
551,743
560,758 3,350,429 2,080,207
7,436,267 3,873,538
1,360,455 3,360,455
358,986 358,986
45,825 26,825
57,369 2,170,681 9,343,774 15,256,817
57,369 2,529,667 18,545,307 22,517,635
$ 57,369 $ 3,090,425 $21,895,736 $24,597,842
56
Revenues:
Taxes
Use of money and property
Intergovernmental
Charges for services
Development fees
Other
Total Revenues
Expenditures:
Current:
General government
Engineering and public works
Community development
Community services
Public safety - fire protection
Capital outlay
Debi service:
Principal
Interest expense
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses):
Operating transfers In
Operating transfers out
Capital lease proceeds
Total Other Financing Sources (Uses)
Excess of Revenues and Other
Sources over (under) Expendit-
tures and Other Uses
Fund Balances:
Beginning of Fiscal Year • as previously reported
Restatements
Beginning of Fiscal Year - as restated
Excess of Revenues and Other
Sources over (under) Expendi-
tures and Other Uses
End of Fiscal Year
CITY OF RANCHO CUCAMONGA
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,1990
Gas Tax SB 325
$ - $
86,532 149,366
1,331,167 1,207,105
1,417,699
Recreation
$ •
•
429,280
1,030
Park
Development
781,296
92,542
1,323,534
1,356,471 430,280 2,197,372
305,312 80,915
375,
710,290 1,284,978 10,
1,015,602 1,365,693 386,474
402,097 (9,422) 43,806
$ 402,097
$ 277,243
407,008
684,251
(202,869)
(202,869) -
Beautification SB 300
$ S
4,400 1,809
924,027
Schedule 5
Landscape
Lighting Maintenance
Districts Districts
$ 408,598 $ 1,524,530
60,357 242,630
928,427 1,809 468,955 1,767,160
103,492
124,165 -
3,752,400 1,120,611
317,958
1,200,384
19,360
3,876,565 1,224,103 317,958 1,219,744
(1,679,193)
(1805,646)
(1,605,646)
$ (212,291) $ 43,806 $ (3,284,839)
$ 1,921,586 $ 217,021 $ 9,786,525
43,326 • -
1,964,912 217,021 9,786,525
(295,676) 1,809 150,997 547,416
50,000
(183,615)
(133,615)
(50,000)
(50,000)
$ (429,291) $ 1,809 $ 150,997 $ 497,416
$ (40,477) $ 13,206 $ 342,826 $ 1,536,242
(40,477) 13,206 342,826 1,536,242
402,097 (212,291) 43,806 (3,284,639) (429,291) 1,809 150,997 497,416
$ 1,086,348 $ 1,752,621 $ 260,827 $ 6,501,666 $ (469,768) $ 15,015 $ 493,823 $ 2,033,658
57
_
CITY OF RANCHO CUCAMONGA
Revenues:
Taxes
Use of money and property
Intergovernmental
Charges for services
Development fees
Other
Total Revenues
Expenditures:
Current:
General government
Engineering and public works
Community development
Community services
Public safety - fire protection
Capital outlay
Debt service:
Principal
Interest expense
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses):
Operating transfers in
Operating transfers out
Capital lease proceeds
Total Other Financing Sources (Uses)
Excess of Revenues and Other
Sources over (under) Expendit-
tures and Other Uses
Fund Balances:
Beginning of Fiscal Year - as previously reported
Restatements
Beginning of Fiscal Year - as restated
Excess of Revenues and Other
Sources over (under) Expendi-
tures and Other Uses
End of Fiscal Year
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1990
Systems Park Bond Drainage
Development Act Facilities
$ • $ - $
104,585 - 4,210
407,135
1,309,087 - 333,203
5237 -
1,418,909 407,135 337,413
Pedestrian
Grants
$
Federal
Aid Urban
133,888
133,888
196,868 66,712
2,835,774 407,135 898,752
3,032,642 407,135 965,464
(1,613,733)
25,070
3,358 108,818
3,358
Community
Development
Block Grant
903,342
M aIIIIII 111.
Schedule 5
(Continued)
San Sevalne/
Assessment Etiwanda
Administration Drainage
$ - $
42,501
1,195,832
32,645
903,342 1,238,333 32,645
1,000,084
31,703
871,639 17,275
133,888 903,342 1,017,359
(628,051) (3,358) -
(463,407) - (139,995)
(463,407) - (139,995)
$(2,077,140) $ - $ (768,046) $ (3,358) $ -
$ 4,177,476 $ - $2,438,775 $ - $ 286,990 $
30,331 - - 3,358 -
4,207,807 - 2,438,775 3,358 286,990
(2,077,140) - (768,046) (3,358) -
$ 2,130,667 $ - $1,670,729 $ - $ 286,990 $
58
220,974 32,645
$ 220,974 $ 32,645
• $ (57,944) $
(57,944)
220,974 32,645
$ 163,030 $ 32,645
Revenues:
Taxes
Use of money and property
Intergovernmental
Charges for services
Development fees
Other
Total Revenues
Expenditures:
Current:
General government
Engineering and public works
Community development
Community services
Public safety - fire protection
Capital outlay
Debt service:
Principal
Interest expense
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses):
Operating transfers in
Operating transfers out
Capital lease proceeds
Total Other Financing Sources (Uses)
Excess of Revenues and Other
Sources over (under) Expendit-
tures and Other Uses
Fund Balances:
Beginning of Fiscal Year - as previously reported
Restatements
Beginning of Fiscal Year - as restated
Excess of Revenues and Other
Sources over (under) Expendi-
tures and Other Uses
End of Fiscal Year
CITY OF RANCHO CUCAMONGA
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1990
TOTALS
Fire Year Ended June 301
Measure I District 1 9 9 0 1 9 8 9
$ - $ 3,226,043 $ 5,159,171
- 242,009 1,719,695
57,369 2,594,791 6,727,339
- 186,761 1,811,873
• - 3,922,496
- 43,701 49,938
57,369 6,293,305 19,390,512
57,369
5,306,337
169,113
94,128
5,569,578
1,318,042
778,369
1,232,087
499,834
5,306,337
12,210,308
94,128
21,439,105
723,727 (2,048,593)
187,774 237,774
(2,645,532)
187,774 (2,407,758)
$ 57,369 $ 911,501 $ (4,456,351)
$ 1,618,166
$ 22,517,635
484,023
1,618,166 23,001,658
$ 4,975,303
1,696,174
4,853,432
1,019,249
8,828,353
186,838
21,559,349
1,117,137
1,647,299
809,972
402,492
4,763,673
8,108,406
25,567
89,843
16,964,389
4,594,960
421,601
(1,349,505)
111,231
(816,673)
$ 3,778,287
$ 18,739,348
18,739,348
57,369 911,501 (4,456,351) 3,778,287
$ 57,369 $ 2,529,667 $ 18,545,307 $ 22,517,635
59
N ■■I _ 111111 a a a e I____ a
Schedule 5
(Continued)
INN NE MI IIIIII
I- OM M N M M MN M I I M
CITY OF RANCHO CUCAMONGA
Revenues:
Taxes $ - $ - $ - $ - $ - $ - $ $ • $
Use of money and property 63,881 86,532 22,651 46,435 149,366 102,931 -
Intergovernmental 1,294,882 1,331,167 36,285 1,112,661 1,207,105 94,444
Charges for services - 331,450 429,280 97,830
Development fees - - -
Other - 1,000 1,000
Total Revenues
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 30,1990
MI
Schedule 6
GAS TAX SB 325 RECREATION
Variance- Variance- Variance -
Favorable Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Expenditures:
Current:
General government
Engineering and public works
Community development
Community services
Public safety - fire protection
Capital outlay
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses):
Operating transfers in
Operating transfers out
Capital lease proceeds
Total Other Financing
Sources (Uses)
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (Budgetary Basis)
1,358,763 1,417,699 58,936 1,159,096 1,356,471 197,375 331,450 430,280 98,830
488,574 305,312 183,262 3,514 80,915 (77,401) - -
427,801 379,583 48,218
1,206,292 928,883 277,409 3,365,171 1,888,367 1,476,804 18,000 10,805 7,195
1,694,866 1,234,195 460,671 3,368,685 1,969,282 1,399,403 445,801 390,388 55,413
(336,103) 183,504 519,607 (2,209,589) (612,811) 1,596,778 (114,351) 39,892 154,243
(202,869) (202,869)
(202,869) (202,869)
5(336,103) $ 183,504 $ 519,607 5(2,412,458) $ (815,680) 51,596,778 $(114,351) $ 39,892 $ 154,243
60
Adjustments:
To adjust for encumbrances
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis)
Fund Balances:
Beginning of Fiscal Year - as previously reported
Restatement
Beginning of Fiscal Year - as restated
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GMP Basis)
End of Fiscal Year
CITY OF RANCHO CUCAMONGA
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, 1990
GAS TAX SB 325
Variance- Variance -
Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget
$ - $ 218,593 $ 218,593 $ - $ 603,389 $ 603,389 $
$(336,103) $ 402,097 $ 738,200 $(2,412,458) $ (212,291) $2,200,167
$ 277,243 $ 277,243
407,008
$ $ 1,921,586 $1,921,586 $ -
407,008 - 43,326 43,326
277,243 684,251
407,008 1,921,586 1,964, 912 43,326
(336,103) 402,097 738,200 (2,412,458) (212,291)
Schedule 6
(Continued)
RECREATION
Variance -
Favorable
Actual (Unfavorable)
$ 3,914 $ 3,914
$(114,351) $ 43,806 $ 158,157
$ 217,021 $ 217,021 $
217,021 217,021
2,200,167 (114,351) 43,806 158,157
$ (58,860) $1,086,348 $1,145,208 $ (490,872) $1,752,621
61
$2,243,493 $ 102,670 $ 260,827 $ 158,157
_ _MI IS MINI _ NMI 111111 NM NMI MIMI MIN 011111 MIN IS, IMO _ IMO /I
INN / / / / /
Revenues:
Taxes
Use of money and property
Intergovernmental
Charges for services
Development fees
Other
Total Revenues
Expenditures:
Current:
General govemment
Engineering and public works
Community development
Community services
Public safety - fire protection
Capital outlay
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses):
Operating transfers In
Operating transfers out
Capital lease proceeds
Total Other Financing
Sources (Uses)
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (Budgetary Basis)
1111111 NM a a e En/
CITY OF RANCHO CUCAMONGA
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 30,1990
PARK DEVELOPMENT
Varlance-
Favorable
Budget Actual (Unfavorable)
BEAUTIFICATION
Varlance-
Favorable
Budget Actual (Unfavorable)
$ - $ - $ - $
284,197 781,296 497,099 -
92,542 92,542
2,535,660 1,323,534 (1,212,126) 1,243,407
/J r MI / /
Schedule 6
(Continued)
$ $ -$
4,400 4,400
924,027 (319,380)
SB 300
Variance -
Favorable
Budget Actual (Unfavorable)
$ s
1,809
1,809
2,819,657 2,197,372 (622,485) 1,243,407
928,427 (314,980)
1,809
1,809
257,644 124,165 133,479
8,850,789 6,262,691 2,588,098
1,858,358
103,492 (103,492)
1,336,361 521,997 6,386
6,386
9,108,433 6,386,856 2,721,577 1,858,358 1,439,853
(6,288,576) (4,189,484) 2,099,092 (614,951) (511,426)
50,000 50,000
(1,605,646) (1,605,646) - (183,615) (183,615)
(1,605,646) (1,605,646) - (133,615) (133,615)
418,505 6,386
6,386
103,525 (6,386) 1,809 8,195
•
$ (7,894,299) $ (5,795,130) $2,099,092 $ (748,566) $ (645,041)
62
$ 103,525 $ (6,386) $ 1,809 $ 8,195
•
Adjustments:
To adjust for encumbrances
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis)
Fund Balances:
Beginning of Fiscal Year - as previously reported
Restatement
Beginning of Fiscal Year - as restated
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis)
End of Fiscal Year
CITY OF RANCHO CUCAMONGA
COMBINING SCHEDULE OF REVENUES,
EXPENDITURES AND CHANGES 04 FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
ALL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,1990
PARK DEVELOPMENT
Variance -
Favorable
Budget Actual (Unfavorable)
BEAUTIFICATION
Variance -
Favorable
Budget Actual (Unfavorable) Budget
$ - $ 2,510,291 $2,510,291 $
- $ 215,750 $ 215,750 $
$
Schedule 6
(Continued)
SB 300
Variance -
Favorable
Actual (Unfavorable)
$
$ (7,894,222) $ (3,284,839) $4,
$(748,566) $ (429,291) $ 319,275 $ (6,386) $ 1,809 $ 8,195
$ 9,786,525 $ 9,786,525 $ • $ (40,477) $ (40,477) $
9,786,525 9,786,525
• $ 13,206 $ 13,206 $
(40,477) (40,477)
13,206 13,206
(7,894,222) (3,284,839) 4,609,383 (748,566) (429,291) 319,275 (6,386) 1,809
8,195
$ 1,892,303 $ 6,501,686 $4,609,383 $(789,043) $ (469,768) $ 319,275 $ 6,820 $ 15,015 $ 8,195
63
MN MI M I I MI MI E M a Ma a S M, MI In M
_ a IS a • ▪ I MI a MO_ S_ e_ I
CITY OF RANCHO CUCAMONGA
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 30,1990
_ _ _
Schedule 6
(Continued)
LIGHTING DISTRICTS LANDSCAPE MAINTENANCE DISTRICTS SYSTEMS DEVELOPMENT
Variance- Variance- Variance -
Favorable Favorable Favorable
Budget Actual Unfavorable Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Revenues:
Taxes $ 473,583 $ 408,598 $ (64,985) $1,492,594 $1,524,530 $ 31,936 $ - $ - $
Use of money and property 16,766 60,357 43,591 74,232 242,630 168,398 26,624 104,585 77,961
Intergovernmental - - -
Charges for services - - - - -
Development fees - - 3,227,347 1,309,087 (1,918,260)
Other 5,237 5,237
Total Revenues 490,349 468,955 (21,394) 1,566,826 1,767,160 200,334 3,253,971 1,418,909 (1,835,062)
Expenditures:
Current:
General governmem 460,706 321,576 139,130 -
Engineering and public works - - 196,868 (196,868)
Community development 2,068,668 1,320,857 747,811
Community services -
Public safely - fire protection
Capital outlay
Debt service:
Principal
(merest and fiscal charges
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses):
Operating transfers In
Operating transfers out
Capital lease proceeds
Total Other Financing
Sources (Uses)
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (Budgetary Basis)
66,144 43,805 22,339 6,837,001 5,000,539 1,836,462
460,706 321,576 139,130 2,134,812 1,364,662 770,150 6,837,001 5,197,407 1,639,594
29,643 147,379 117,736 (567,986) 402,498 970,484 (3,583,030) (3,778,498) (195,468)
(50,000) (50,000) - (463,407) (463,407)
(50,000) (50,000) (463,407) (463,407)
$ 29,643 $ 147,379 $ 117,736 $ (617,986) $ 352,498 $ 970,484 $ (4,046,437) $ (4,241,905) $ (195,468)
64
Adjustments:
To adjust for encumbrances
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis)
Fund Balances;
Beginning of Fiscal Year - as previously reported
Restatement
Beginning of Fiscal Year - as restated
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis)
End of Fiscal Year
CITY OF RANCHO CUCAMONGA
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 30,1990
LIGHTING DISTRICTS LANDSCAPE MAINTENANCE DISTRICTS
Variance- Variance -
Favorable Favorable
Budget Actual Unfavorable Budget Actual (Unfavorable)
Schedule 6
(Continued)
SYSTEMS DEVELOPMENT
Variance -
Favorable
Budget Actual (Unfavorable)
$ - $ 3,618 $ 3,618 $ - $ 144,918 $ 144,918 $ - $ 2,164,765 $ 2,164,765
$ 29,643 $ 150,997 $ 121,354 $ (617,986) $ 497,416
$1,115,402 $ (4,046,437) $ (2,077,140) $ 1,969,297
$ 342,826 $ 342,826 $ - $1,536,242 $1,536,242 $
- $ 4,177,476 $ 4,177,476 $
30,331 30,331
342,826 342,826 - 1,536,242 1,536,242
4,177,476 4,207,807 30,331
29,643 150,997 121,354 (617,986) 497,416 1,115,402 (4,046,437) (2,077,140) 1,969,297
$ 372,469 $ 493,823 $ 121,354 $ 918,256 $2,033,658 $1,115,402 $ 131,039 $ 2,130,667 $ 1,999,628
■E a us NO Ns a a a a a a a a a Is ion a s
IS MN M N I I a a a MB I la MINI e
CITY OF RANCHO CUCAMONGA
Revenues:
Taxes $ - $ - $ - $ 1 - $ • $ - $ $
Use of money and property - - 4,210 4,210
Intergovernmental 416,250 407,135 (9,115) - 267,000 133,888 (133112)
Charges for services - - -
Development fees - - 3,032,098 333,203 (2,698,895)
Other - - - Total Revenues 416,250 407,135 (9,115) 3,032,098 337,413 (Z694,685) 267,000 133,888 (133,112)
Expenditures:
Current:
General government - - -
Engineering and public works - - 2,568 66,712
Community development - - -
Community services -
Public safety - fire protection - -
Capital outlay 447,945 407,945 40,000 3,059,558 2,033,359
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess of Revenues over
(under) Expenditures (31,695) (810) 30,885 (30,028) (1,762,658) (1,732,630) (222,020) (148,165) 73,855
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 30,1990
Schedule 6
(Continued)
PARK BOND ACT DRAINAGE FACILRIES FEDERAL AID URBAN
Variance- Variance- Variance -
Favorable Favorable Favorable
Budget Actual Unfavorable Budget Actual (Unfavorable) Budget Actual (Unfavorable)
1,026,199
1,010 25,070 (24,060)
488,010 256,983 231,027
447,945 407,945 40,000 3062,126 2,100,071 962,055 489,020 282,053 206,967
Other Financing Sources (Uses):
Operating transfers In
Operating transfers out
Capital lease proceeds
Total Other Financing
Sources (Uses)
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (Budgetary Basis)
- (139,995) (139,995)
- (139,995) (139,995)
4,111 - (4,111)
4,111 - (4,111)
$ (31,695) $ (810) $ 30,885 $ (170,023) $(1,902,653) $(1,732,630) $(217,909) $(148,165) $ 69,744
66
1
Adjustments:
To adjust for encumbrances
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis)
CITY OF RANCHO CUCAMONGA
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, 1990
PARK BOND ACT
Variance -
Favorable
Budget Actual Unfavorable
DRAINAGE FACIUTIES
Varfance-
Favorable
Budget Actual (Unfavorable)
Schedule 8
(Continued)
FEDERAL AID URBAN
Variance -
Favorable
Budget Actual (Unfavorable)
$ - $ 810 $ 810 $ - $ 1,134,607 $ 1,134,607 $ - $ 148,165 $ 148,165
$ (31,695) $ - $ 31,695 $ (170,023) $ (768,046) $ (598,023) $(217,909) $ - $ 217,909
Fund Balances:
Beginning of Fiscal Year - as previously reported $
Restatement
Beginning of Fiscal Year - as restated
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GMP Basis)
End of Fiscal Year
$ • $ - $2,438,775 $ 2,438,775 $
(31,695)
$ (31,695) $
- 2,438,775
2,438,775
- $ 286,990 $ 286,990 $
286,990 286,990
31,695 (170,023) (768,046) (598,023) (217,909) - 217,909
- $ 31,695 $2,268,752 $ 1,670,729 $ (598,023) $ 69,081 $ 286,990 $ 217,909
67
IIIIIII M N M MI MI MN MIN S I M OM I M Elli IS MO
•
MI N M a a MI
Revenues:
Taxes
Use of money and property
Intergovernmental
Charges for services
Development fees
Other
Total Revenues
Expenditures:
Current:
General government
Engineering and public works
Community development
Community services
Public safety • fire protection
Capital outlay
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses):
Operating transfers In
Operating transfers out
Capital lease proceeds
Total Other Financing
Sources (Uses)
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (Budgetary Basis)
OM M M M all OM a a
CITY OF RANCHO CUCAMONGA
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 30,1990
COMMUNITY DEVELOPMENT BLOCK GRANT ASSESSMENT ADMINISTFATION
Variance- Variance -
Favorable Favorable
Budget Actual (Unfavorable)
1111.1 11111
Schedule 6
(Continued)
FIRE DISTRICT
Variance -
Favorable
(Unfavorable)
Budget Actual (Unfavorable) Budget Actual
433,000 903,342 470,342
433,000 903,342 470,342
80,979 155,1
1,283,499 927,2
(74,127)
356,222
1,364,478 1,082,383 282,095
(931,478) (179,041) 752,437
$ (931,478) $ (179,041) $ 752,437
68
$ - $ - $ - $3,128,531 $3,226,043 $ 97,512
105,591 42,501 (63,090) 60,000 242,009 182,009
- - 1,410,841 2,594,791 1,183,950
2,046,594 1,195,832 (850,762) 210,000 186,761 (23,239)
- 30,000 43,701 13,701
2,152,185 1,238,333 (913,852) 4,839,372 6,293,305 1,453,933
1,172,435 1,088,929 83,506
- 5,215,660 5,306,337 (90,677)
147,442 36,836 110,606 358,000 169,113 188,887
94,128 (94,128)
1,319,877 1,125,765 194,112 5,573,660 5,569,578 4,082
832,308 112,568 (719,740) (734,288) 723,727 1,458,015
187,774 187,774
187,774 187,774
$ 832,308 $ 112,568 $(719,740) $ (734,288) $ 911,501 31,645,789
CITY OF RANCHO CUCAMONGA
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 30,1990
Schedule 6
(CoMlnued)
COMMUNITY DEVELOPMENT BLOCK GRANT ASSESSMENTADMINISTRATION FIRE DISTRICT
Variance- Variance- Variance -
Favorable Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Adjustments:
To adjust for encumbrances $ - $ 179,041 $ 179,041 $ - $ 108,406 $ 108,406 $ - $ - $
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis)
Fund Balances:
Beginning of Fiscal Year - as previously reported
Restatement
Beginning of Fiscal Year - as restated
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GMP Basis)
End of Fiscal Year
$ (931,478) $
- 5 931,478 $ 832,308 $ 220,974 5 (611,334) $ (734,288) $ 911,501 $ 1,645,7899
(931,478)
$ (931,478) $
$ (57,944) $ (57,944) $
- $1,618,166 $1,618,166 $
(57,944) (57,944) - 1,618,166 1,618,166
931,478 832,308 220,974 (611,334) (734,288) 911,501 1,645,789
$931,478 $ 774,364 $ 163,030 $(611,334) $ 883,878 $2,529,667 $ 1,645,789
69
M 11.111 I N MI la a MI MI E 1111111 O M 1.1
MN O 111111
Revenues:
Taxes
Use of money and property
Intergovernmental
Charges for services
Development tees
Other
Total Revenues
Expenditures:
Current:
General government
Engineering and public works
Community development
Community services
Public safety - fire protection
Capital outlay
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses):
Operating transfers In
Operating transfers out
Capital lease proceeds
Total Other Financing
Sources (Uses)
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (Budgetary Basis)
IIIMI MI E M OM N l
CITY OF RANCHO CUCAMONGA
COMBINING SCHEDULE OF REVENUES,
EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL (BUDGETARY BASIS)
AU. SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,1990
TOTALS - Year Ended June 30,
1990
Budget Actual
$ 5,094,708 $ 5,159,171
677,726 1,719,695
4,934,634 6,669,970
2,588,044 1,811,873
10,038,512 3,889,851
30,000 49,938
23,363, 624 19,300, 498
1,633,141
495,666
2,149,647
685,445
5,215,660
27,992,595
38,172,154
1,410,505
778,369
1,475,963
503,748
5,306,337
19,302,964
94,128
28,872,014
(14,808,530) (9,571,516)
54,111 237,774
(2,645,532) (2,645,532)
(2,591,421) (2,407,758)
Variance -
Favorable
(Unfavorable)
$ 64,463
1,041,969
1,735,336
(776,171)
(6,148,661)
19,938
(4,063,126)
222,636
(282,703)
673,684
181,697
(90,677)
8,689,631
(94,128)
9,300,140
5,237,014
183,663
183,663
$ (17,399,951) $ (11,979,274) $ 5,420,677
70
1989
Actual
101.1 a a Me OM
Schedule 6
(Continued)
$ 4,975,303
1,696,174
4,853,432
1,019,249
8,828,353
186,838
21,559,349
1,174,993
1,796,711
881,713
431,627
431,627
11,673,800
89,843
16,480,314
5,079,035
421,601
(1,349,505)
111,231
(816,673)
$ 4,262,362
AdJustments:
To adjust for encumbrances
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis)
Fund Balances:
Beginning of Fiscal Year - as previously reported
Restatement
Beginning of Fiscal Year - as restated
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GMP Basis)
End of Fiscal Year
CITY OF RANCHO CUCAMONGA
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 30,1990
TOTALS - Year Ended June 30,
1990
Variance -
Favorable
Budget Actual (Unfavorable)
$ - $ 7,436,267 $ 7,436,267
$ (17,399,951) $ (4,543,007)_ $ 12,856,944
$ 22,517,635
22,517,635
$ 22,517,635 $ -
480,665 480,665
22,998,300 480,665
(17,399,951) (4,543,007) 12,856,944
$ 5,117,684 $ 18,455,293 $ 13,337,609
71
1989
Actual
$ 3,873,538
$ 8,135,900
$ 19,077,510
19,077,510
8,135,900
$ 27,213,410
Schedule 6
(Continued)
1.111 N MI MI I I M N M a a I M M OM IIINI OM I
DEBT SERVICE FUND
The Debt Service Fund is used to account for the accumulation of resources for and the redemp-
tion of bonded indebtedness principal and interest.
1 1 1 1 1 1 I I 1 I I 1 1
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DEBT SERVICE FUNDS
City Debt Service Fund
To accumulate monies for payment of $5,173,500, 12% note payable to Lewis
Construction Co., Inc.
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.
Fire Facilities Improvement Fund
To accumulate monies for payment of $9,500,000 Certificate of Participation,
Rancho Cucamonga Redevelopment Agency. Financing is provided through
tax increment monies from the Rancho Cucamonga Redevelopment Agency.
Redevelopment Agency Fund
To accumulate monies for payment of the following: $6,495,455, 6.5-7.3%
loans to City of Rancho Cucamonga payable as funds become available to the
Agency; $32,345,000 Tax Allocation Bonds due in annual installments through
May 1, 2016; and $9,300,000 Refunding Tax Allocation Bonds due in annual
installments through May 1, 2016. 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.
ASSETS
Cash and Investments
Cash and Investments with fiscal agent
Receivables (net of allowance for uncollectibles):
Taxes
Due from other funds
Due from other governments
Total Assets
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable
Due to other funds
Due to other governments
Total Liabilities
Fund Balances:
Unreserved:
Designated for debt service
Undesignated
Total Fund Balances
Total Liabilities and Fund Balances
CITY OF RANCHO CUCAMONGA
COMBINING BALANCE SHEET
ALL DEBT SERVICE FUNDS
JUNE 30,1990
Central
Park
Acqulsltton
657,698
Public
improvement
Corporation
Fire Redevelopment
District Agency
$ - $
289,655
$ 2,325,660
715 38,246,580
$ 657,698 $ 289,655 $
657,698 289,655
657,698 289,655
$ 657,698
72
207,964
664,167
5,000
715 $ 41,449,371
Schedule 7
TOTALS
June 30,
1990 1989
$ 2,325,660 $ 2,335,247
39,194,648 7,411,780
207,964 1,497,961
664,167 1,339,834
5,000 73,700
$42,397,439 $12,658,522
$ 498,270 498,270 $
1,034,078 1,034,078 1,788,534
108,833
1,53Z348
1,532,348 1,897,367
715 39,917,023 40,865,091 10,761,155
715 39,917,023 40,665,091 10,761,155
$ 289,655 $
715 $ 41,449,371 $42,397,439 $12,658,522
a s ■I IS MI MEI MN N —all 61111 all
MI M MI M M MN I- M= MI MI MI a n-- I I
CITY OF RANCHO CUCAMONGA Schedule 8
Revenues:
Taxes
Use of money and property
Total Revenues
Expenditures:
Current:
General government
Debt Service:
Principal
Interest and fiscal charges
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses):
Operating transfers In
Operating transfers out
Proceeds from Issuance of bonds
Total Other Financing
Sources (Uses)
Excess of Revenues and Other
Sources over (under) Expendi-
tures and Other Uses
Fund Balances:
Beginning of Fiscal Year
End of Fiscal Year
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
ALL DEBT SERVICE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1990
Central Public TOTALS
Park Improvement Fire Redevelopment Year Ended June 30,
Acquisition Corporation District Agency 1 9 9 0 19 8 9
$ - $ - $ - $13,922,638 513,922,638 $10,869,093
62,319 25,419 159 1,401,045 1,488,942 920,111
62,319 25,419 159 15,323,683 15,411,580 11,789,204
1,559,386
1,559,386 1,235,355
905,000 215,000 55,937,640 57,057,640 8,219,459
386,286 191,259 66,203 2,047,277 2,691,025 6,089,427
1,291,286 406,259 66,203 59,544,303 61,306051 15,544,241
(1,228,967) (380,840) (66,044) (44,220,620) (45,896,471) (3,755,037)
1 225,426 380,220 66,255 12,520,369 14,192,270 7,072,256
(14,429,010) (14,429,010) (7,002,705)
76,237,147 76,237,147 6,693,583
1,225,426 380,220 66,255 74,328,506 76,000,407 6,763,134
(3,541) (620) 211 30,107,886 30,103,936 3,008,097
661,239 290,275 504 9,809,137 10,761,155 7,753,058
$ 657,698 $ 289,655 $ 715 $39,917,023 $40,865,091 $10,761,155
73
CITY OF RANCHO CUCAMONGA Schedule 9
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
ALL DEBT SERVICE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1990
PUBLIC
CENTRAL PARK ACQUISITION IMPROVEMENT CORPORATION FIRE DISTRICT
Variance- Variance- Variance -
Favorable Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
Revenues:
Taxes $ - $ - $ - 5 • $ - $ - $ $ - $ -
Use of money and property 451,163 62319 (388,644) 1,347,009 25,419 (1,321,590) - 159 159
Total Revenues 451,163 62,319 (388,844) 1,347,009 25,419 (1,321,590) - 159 159
Expenditures:
Current:
General government - -
Debt service:
Principal 905,000 905,000 - 215,000 215,000 - - -
Interastandfisoalcharges 384,810 386,286 (1,476) 190,660 191,259 (599) 66,203 66,203
TotalExpendltures 1,289,610 1,291,286 (1,476) 405,660 406,259 (599) 66,203 66,203
Excess of Revenues over
(under) Expenditures (838,647) (1,228,967) (390,320) 941,349 (380,840) (1,322,189) (66,203) (66,044) 159
Other Financing Sources (Uses):
Operating transfers In 1,225,426 1,225,426 - 380,220 380,220 - 66,255 66,255
Operating transfers out - - - -
Proceeds from Issuance of bonds - - - -
Total Other Financing
Sources (Uses) 1,225,426 1,225,426 380,220 380,220 - 66,255 66,255
Excess of Revenues and Other
Sources over (under)
Expenditures and Other Uses 386,779 (3,541) (390,320) 1,321,569 (620) (1,322,189) 52 211 159
Fund Balances:
Beginning of Fiscal Year 661,239 661,239 290,275 290,275 504 504
End of Fiscal Year $ 1,048,018 $ 657,698 $ (390,320) $ 1,611,844 $ 289,655 5 (1,322,189) S 556 $ 715 $ 159
74
N__ N M I 11111 _ NM MO a a- ■■I MI ■MI
MI MI I MO I I MI_ I M— __ ■M — I-- r
CITY OF RANCHO CUCAMONGA Schedule 9
(Contlnued)
Revenues:
Taxes
Use of money and property
Total Revenues
Expenditures:
Current
General government
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses);
Operating transfers In
Operating transfers out
Proceeds from Issuance of bonds
Total Other Financing
Sources (Uses)
Excess of Revenues and Other
Sources over (under)
Expenditures and Other Uses
Fund Balances:
Beginning of Fiscal Year
End of Fiscal Year
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
ALL DEBT SERVICE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,1990
REDEVELOPMENT AGENCY
Varlance-
Favorable
Budget Actual (Unfavorable) Budget
$12,942,662 $13,922,638
499,894 1,401,045
13,442,556 15,323,683
Z719,603 1,559,386
55,937,640 55,937,640
2,047,277 2,047,277
60,704,520 59,544,303
(47,261,964) (44,220,620)
$ 979,976 $ 12,942,662
901,151 2,298,066
1,881,127 15,240,728
1,160,217 2,719,603
57,057,640
2,688,950
1,160,217 62,466,193
3,041,344 (47,225,465)
16,885,696 12,520,369 (4,365,327)
(16,900,696) (14,429,010) 2,471,686
76,237,147 76,237,147 -
76,2P,147 74,328,506
28,960,183 30,107,886
9,809,137 9,809,137
18,557,597
(16,900,696)
76,237,147
(1,893,641) 77,894,048
1,147,703 30,668,583
$38,769,320 $39,917,023 $ 1,147,703
75
10,761,155
$ 41,429,738
TOTALS - Year Ended June 30,
1990 1989
Varlance-
Favorable
(Unfavorable)
$ 979,976
(809,124)
170,852
Actual
$ 13,922,638
1,488,942
15,411,580
1,559,386
57,057,640
2,691,025
61,308,051
(45,896,471)
14,192,270
(14,429,010)
76,237,147
(1,160,217)
2,075
Actual
$ 10,869,093
920,111
11,789,204
1,235,355
8,219,459
6,089,427
(1,158,142) 15,544,241
1,328,994 (3,755,037)
(4,365,327)
2,471,686
76,000,407 (1,893,641)
30,103,936
10,761,155
7,072,256
(7,002,705)
6,693,583
6,763,134
(564,647) 3,008,097
$ 40,865,091 $ (564,647)
7,753,058
$ 10,761,155
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CAPITAL PROJECTS FUNDS
Capital Projects Funds are used to account for the accumulation of resources segregated for the
acquisition and construction of major capital facilities and equipment (other than those financed
by special assessment, proprietary and trust funds).
SQAIf1.3 sioatoMd'IVJJdV3
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CAPITAL PROJECTS FUNDS
Capital Reserve Fund
Established to account for the construction of capital facilities financed by the
City's General Fund.
Assessment District 82 -IR Fund
Established to account for the receipt and disbursement of funds used in the
construction of streets, storm drainage and utility improvements within the
project area. Financing was provided by the sale of bonds under the Refunding
Act of 1984 for 1915 Improvement Act Bonds.
Assessment District 84-1 Fund
Established to account for the receipt and disbursement of funds used in the
construction and installation of public capital drainage facilities, together with
appurtenant work and incidental expenses, to serve and provide drainage
protection to property located within Community Facilities District No. 84-1 ( Day
Creek Drainage System). Financing was provided by the sale of bonds under
the Mello -Roos Community Facilities Act of 1982.
Assessment District 84-2 Fund
Established to account for the receipt and disbursement of funds used in the
construction of certain public works of improvement, together with
appurtenances and appurtenant work, including acquisition where appropriate,
in Special Assessment District No. 84-2 (Alta Loma Channel Improvement).
Financing was provided by sale of bonds under the Improvement Bond Act of
1915.
Assessment District 86-2 Fund
Established to account for the receipt and disbursement of funds used in
construction and acquisition of drainage improvements together with
appurtenances and appurtenant work, acquisition of real property, if necessary,
and incidental expenses within the Assessment District No. 86-2. Financing
was provided by the sale of limited obligation bonds under the Improvement
Bond Act of 1915.
Assessment District 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.
Public Ilmprovement Corporation Fund
Established to account for the receipt and disbursement of funds used in the
acquisition of certain real property for development as the Northeast Etiwanda
Community Park. Financing was provided by the sale of certificates of
participation secured by a lease agreement.
Fire Facilities Improvement Fund
Established to account for the receipt and disbursement of funds used in the
purchase of land, the construction of municipal fire stations, and the acquisition
of fire fighting equipment. Financing was provided by the sale of certificates of
participation secured by a lease agreement.
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.
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= NM 1 - - M - - - MI =. I I = I - - _ I
CITY OF RANCHO CUCAMONGA Schedule 10
ASSETS
Cash and investments
Cash and Investment with fiscal agent
Receivables (net of uncollectible):
Taxes
Accounts
Interest
Due from other funds
Deposits
Advances to Other Funds
Total Assets
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable
Accrued payroll payable
Deposits
Due to other funds
Total Liabilities
Fund Balances:
Reserved for encumbrances
Reserved for advances to other funds
Reserved for land acquisition
Unreserved:
Designated for pass through
agreements
Designated for changes In
economic circumstances
Undesignated
Total Fund Balances
Total Liabilities and Fund Balances
COMBINING BALANCE SHEET
ALL CAPITAL PROJECT FUNDS
JUNE 30, 1990
Capital
Reserve 82-1R 84-1
Assessments Districts
84-2 86-2
Redevelopment
85 -PD 89-1 Agency
TOTALS
June 30,
1990 1989
$3,791,876 $ 458,864 $ 124,983 $ 87,982 $ 300,585 $ 286,189 $ 23,023 $74,318,333 $79,391,835 $58,461,196
7,946,235 7,946,235 7,278,631
39,190 4,775
100,000
916
$3,831,066
61,982
26,315
400,308
1,833,719
4,290,000
61,982 393,555
26,315 -
445,189 611,803
1,833,719 452,559
42,981
4,390,000 4,390,000
$ 463,639 $ 224,983 $ 88,898 $ 300,585 $ 286,189 $ 23,023 $88,876,892 $94,095,275 $71,630,725
$ 219,090 $ 758 $ - $ 11,250 $ - $
577 1,077
3,864
1,199
$ 4,021 $ 2,195,493
40,500
3,188,878
219,090
758
15,691 1,077 1,199
$ Z430,612 $ 2,096,614
1,654 1,685
44,364 44,364
3,190,077 2,334,304
44,521 5,384,371 5,666,707 4,476,967
1,021,003
897,749
26,920 2,065,381
- 100,000
6,426 9,561 109,200 52,482 2,720,575
4,290,000
6,011,548 17,538,031
4,390,000 4,390,000
- 1,464,752
5,953,657 5,953,657 4,309,278
897,749
1,693,224 435,961 (1,940,398) 66,781 289,947 175,790 (73,980) 70,528,289 71,175,614 39,451,697
3,611 976 462,881 224,983 73,207 299,508 284,990 (21,498) 83,492,521 88,428,568 67,153,758
$3,831,066 $ 463,639 $ 224,983 $ 88,898 $ 300,585 $ 286,189 $ 23,023 $88,876,892
76
$94,095,275 $71,630,725
Revenues:
Taxes
Use of money and property
Other
Total Revenues
Expenditures:
Current:
General government
Engineering and public works
Community development
Community services
Capital outlay
Debt service:
Interest expense
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses):
Operating transfers In
Operating transfers out
Long-term debt proceeds
Loan proceeds
Total Other Financing
Sources (Uses)
Capital
Reserve
CITY OF RANCHO CUCAMONGA
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
ALL CAPITAL PROJECTS FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1990
Assessments Districts
82-1R 84-1 84-2 86-2 85 -PD
Redevelopment
89-1 Agency
S $
497,329 55,996 224,341
$ -$ -5 -$
23,078 22,747 27,549
497 329 55,996 224,341 23,078 22,747 27,549
• 204,057
28,040
$ 4,546,907
4,803,624
2,289
Schedule 11
TOTAL
Year Ended June 30,
1990 1989
$ 4,546,907
5,654,664
2,289
$ 3,175,428
5,517,755
17,254
9,352,820 10,203,860 8,710,437
2,055,691
9,663 2,533,148
2,377,328 72,854 5,051,866 - 92,736 -
2,377,328 72,854 5,051,866 204,057 28,040 92,736 9,663
(1,879,999) (16,858) (4,627,525) (180,979) (5,293) (65,187) (9,663)
Excess of Revenues and Other
Sources over (under) Expend -
tures and Other Uses (1,879,999)
Fund Balances:
Beginning of Fiscal Year
End of Fiscal Year
(16,858) (4,827,525) (180,979) (5,293) (65,187)
8,803,871
2,055,691
232,097
2,542,811
16,398,655
991,948
285,121
151,978
22,286,106
468,489 468,489
13,861,199 21,697,743 23,715,153
(4,508,379) (11,493,883) (15,004,716)
9,898,642
(8,244,030)
24,891,441
6,222,640
9,898,642
(8,244,030)
24,891,441
6,222,640
1,552,363
(1,558,384)
2,474,687
6,003,009
32,768,693 32,768,693 8,471,675
(9,663) 28,260,314 21,274,810 (6,533,041)
5,491,975 479,739 5,052,508 254,186 304,801 350,177 (11,835) 55,232,207 67,153,758 73,686,799
$ 3,611,976 $ 462,881 $ 224,983 $ 73,207 $ 299,508 $ 284,990 $ (21,498) $ 83,492,521 $ 88,428,568 S 67,153,758
77
111,111 M _ MN M MN
Revenues:
Taxes
Use of money and property
Other
Total Revenues
Expenditures:
Current:
General government
Public safety
Engineering and public works
Community development
Capital outlay
Debt service
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses):
Operating transfers In
Operating transfer out
Proceeds from Issuance of bonds
Loan proceeds
Total Other Financing Sources (Uses)
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (Budgetary Basis)
Adjustments:
To adjust for encumbrances
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GMP Basis)
Fund Balances:
Beginning of Fiscal Year
End of Fiscal Year
NM MO MN 1M In MN NM
CITY OF RANCHO CUCAMONGA
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 30,1990
MIMI
CAPRAL RESERVE ASSESSMENT DISTRICT 82-1R
Variance- Variance -
Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget
$ - $ - $ - $ - $ • $ - $ -
285,471 497,329 211,858 23,768 55,996 32,228 305,555
OM MN N I
Schedule 12
ASSESSMENT DISTRICT 84-1
Variance -
Favorable
Actual (Unfavorable)
$ - $
224,341 (81,214)
285,471
497,329 211,858
23,768 55,996 32,228
3,587,966 3,398,331
305,555 224,341 (81,214)
189,635 96,095 99,774 (3,679) 8,204,955 7,117,247 1,087,708
3,587,966 3,398,331
(3,302,495) (2,901,002)
189,635 96,095 99,774 (3,679) 8,204,955 7,117,247 1,087,708
401,493 (72,327) (43,778) 28,549 (7,899,400) (6,892,906) 1,006,494
(3,302,495) (2,901,002)
1,021,003
401,493
1,021,003
(72,327) (43,778) 28,549
26,920 26,920
(3,302,495) (1,879,999) 1,422,496
(72,327) (16,858)
(7,899,400) (6,892,906) 1,006,494
- 2,065,381 2,065,381
55,469 (7,899,400) (4,827,525) 3,071,875
5,491,975 5,491,975 479,739 479,739 5,052,508 5,052,508
$ 2,189,480 $ 3,611,976 $ 1,422,496 $ 407,412 $ 462,881
$ 55,469 $ (2,846,892) $ 224,983 $ 3,071,875
78
•
Revenues:
Taxes
Use of money and property
Other
Total Revenues
Expenditures:
Current:
General government
Public safety
Engineering and public works
Community development
Capital outlay
Debt service
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses):
Operating transfers In
Operating transfer out
Proceeds from Issuance of bonds
Loan proceeds
Total Other Financing Sources (Uses)
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (Budgetary Basis)
Adjustments:
To adjust for encumbrances
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis)
Fund Balances:
Beginning of Fiscal Year
End of Fiscal Year
CITY OF RANCHO CUCAMONGA
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 30,1990
ASSESSMENT DISTRICT 84-2
Varlance-
Favorable
Actual (Unfavorable
Budget
$ - $
13,498
23,078 9,580
13,498 23,078 9,580
201,113 210,483 (9,370)
201,113 210,483
Schedule 12
(Continued)
ASSESSMENT DISTRICT 86-2 ASSESSMENT DISTRICT 85 -PD
Variance- Varlance-
Favorable Favorable
Budget Actual(Unfavorable) Budget Actual (Unfavorable)
$ - $ - 3 - 5 - $ - $ -
190,103 22,747 (167,356) 40,593 27,549 (13,044)
190,103 22,747 (167,356) 40,593 27,549 (13,044)
37,601 (37,601)
•
1,305,855 201,936 1,103,919
(9,370) - 37,601 (37,601) 1,305,855 201,936 1,103,919
(187,615) (187,405) 210
190,103 (14,854) (204,957) (1,265,262) (174,387) 1,090,875
2,500,000
2,500,000
(2,500,000)
(2,500,000)
(187,615) (187,405) 210 2,690,103 (14,854) (2,704,957) (1,265,262) (174,387) 1,090,875
6,426
(187,615) (180,979)
254,186 254,186
$ 66,571 $ 73,207
6,426
9,561 9,561
- 109,200 109,200
6,636 2,690,103 (5,293) (2,695,396) (1,265,262) (65,187) 1,200,075
304,801 304,801 - 350,177 350,177
$ 6,636 $2,994,904 $ 299,508 $ (2,695,396) $ (915,085) $ 284,990 $1,200,075
79
= NM M M MO M MB NMI I MI 1 I = I I OM MI OM NM
IMO I= M all _ M
Revenues:
Taxes
Use of money and property
Other
Total Revenues
Expenditures:
Current:
General government
Public safety
Engineering and public works
Community development
Capital outlay
Debt service
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses):
Operating transfers In
Operating transfer out
Proceeds from Issuance of bonds
Loan proceeds
Total Other Financing Sources (Uses)
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (Budgetary Basis)
Adjustments:
To adjust for encumbrances
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GAAP Basis)
Fund Balances:
Beginning of Fiscal Year
End of Fiscal Year
IN MO M OM M M
CITY OF RANCHO CUCAMONGA
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 30,1990
ASSESSMENT DISTRICT 89-1
Variance -
Favorable
Budget Actual (Unfavorable)
60,534 62,145 (1,611)
60,534 62,145 (1,611)
(60,534) (62,145) (1,611)
(60,534) (62,145) (1,611)
52,482 52,482
(60,534) (9,663) 50,871
(11,835)
$ (72,369)
(11,835)
$ (21,498) $ 50,871
80
OM a s N NE
Schedule 12
(Continued)
REDEVELOPMENT AGENCY
Variance -
Favorable
Actual (Unfavorable)
$ 4,546,907 $ (1,650,527)
4,803,624 4,688,624
2,289 2,289
9,352,820 3,040,386
Budget
$ 6,197,434
115,000
6,312,434
2,976,446 2,055,691 920,755
3,300,000 2,533,148 766,852
•
25,211,177
2,500,000
33,987,623
8,803,871
468,489
13,861,199
16,407,306
2,031,511
20,126,424
(27,675,189) (4,508,379) 23,166,810
15,000 9,898,642 9,883,642
(8,244,030) (8,244,030)
24,891,441 24,891,441 -
6222,640 6,222,640
31,129,081 32,768,693 1,639,612
3,453,892 28,260,314 24,806,422
3,453,892
55,232,207
$ 58,686,099
28,260,314 24,806,422
55,232,207
$ 83,492,521 $ 24,806,422
Revenues:
Taxes
Use of money and property
Other
Total Revenues
Expenditures:
Current:
General government
Public safely
Engineering and public works
Community development
Capital outlay
Debt service
Total Expenditures
Excess of Revenues over
(under) Expenditures
Other Financing Sources (Uses):
Operating transfers In
Operating transfer out
Proceeds from Issuance of bonds
Loan proceeds
Total Other Financing Sources (Uses)
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (Budgetary Basis)
Adjustments:
To adjust for encumbrances
Excess of Revenues and Other Sources
over (under) Expenditures and Other
Uses (GMP Basis)
Fund Balances:
Beginning of Fiscal Year
End of Fiscal Year
CITY OF RANCHO CUCAMONGA
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 30,1990
TOTALS - Year Ended June 30,
1990
Budget
$ 6,197,434
973,988
7,171,422
2,976,446
3,300,000
201,113
60,534
38,406,048
2,500,000
47,444,141
Actual
$ 4,548,907
5,654,664
2,289
10,203,860
2,055,691
2,533,148
248,084
62,145
19,621,159
466,489
24,988,716
(40,272,719) (14,784,856)
15,000
27,391,441
6,222,640
33,629,081 32,768,693
9,898,642
(8,244,030)
24,891,441
6,222,640
(6,643,638) 17,983,837
(6,643,638)
67,153,758
$ 60,510,120
3,290,973
21,274,810
67,153,758
$ 88,428,568
Variance -
Favorable
(Unfavorable)
$ (1,650,527)
4,680,676
2,289
3,032,438
1989
Actual
$ 3,175,428
5,517,755
17,254
8,710,437
920,755 991,948
766,852 -
(46,971) 395,825
(1,611) 212,512
18,784,889 39,652,899
2,031,511
22,455,425 41,253,184
25,487,863 (32,542,747)
9,883,642 1,552,363
(8,244,030) (1,558,384)
(2,500,000) 2,474,687
6,003,009
(860,388) 8,471,675
24,627,475 (24,071,072)
3,290,973 17,538,031
27,918,448 (6,533,041)
73,686,799
$ 27,918,448 $ 67,153,758
Schedule 12
(Continued)
81
N N all M MN MN M E MIIII = M I = = V = I I
I MN MN= I_ I— I— N== I MN EN NM 11111 INN
ASSETS
Cash and Investments
Accounts receivable
Interest receivable
Deposits with trustee
Fixed assets - net book value
Total Assets
LIABILITIES AND FUND EQUITY
Liabilities:
Accounts payable
Accrued payroll payable
Capital leases payable
Total Liabilities
Fund Equity:
Retained earnings:
Unreserved
Total Fund Equity
Total Liabilities and Fund Equity
crry OF RANCHO CUCAMONGA
BALANCE SHEET
INTERNAL SERVICE FUND
JUNE 30, 1990
82
Schedule 13
June 30,
1990 1989
$ 1,632,854
752
16,990
15,000
478,613
$ 1,494,966
965
8,539
15,000
422,889
$ 2,144,209 $ 1,942,359
$ 40,727
5,611
111,686
$ 4,112
3,120
30,919
158,024 38,151
1,986,185 1,904,208
1,986,185 1,904,208
$ 2,144,209 $ 1,942,359
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FIDUCIARY FUND
The Trust and Agency Funds are used to account for assets held by the City in a trustee capacity
for individuals, government entities, and others. Such funds are operated to carrying out the
specifications of trust indentures, statutes, ordinances, or other governing regulations.
I I I I I 1 I ,
UHn3 MIVIJnC11J
1
1
This page intentionally left blank.
AGENCY FUNDS
Special Deposits Fund
Established to account for all deposits held by the City in its fiduciary capacity.
Deterred 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 84-1 Fund
Established to account for assessments received under the Mello -Roos
Community Facilities Act of 1982, Assessments received are restricted for
payment of principal, interest, and penalties thereon, upon presentation of
proper coupons.
Assessment District 84-2 Fund
Established to account for assessments received under the Improvement Bond
Act of 1915. Assessments received are restricted for payment of principal,
interest, and penalties thereon, upon presentation of proper coupons.
Assessment District 86-2 Fund
Established to account for assessments received under the Improvement Bond
Act of 1915. Assessments received are restricted for payment of principal,
interest, and penalties thereon, upon presentation of proper coupons.
Assessment District 85 -PD 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 88-2 Fund
Established to account for monies deposited by the developers for future
construction within the Assessment District 88-2.
ASSETS
Cash and Investments
Cash and Investments with fiscal agent
Receivables (net of uncollectibles):
Accounts
Interest
Taxes
Due from other funds
Total Assets
LIABILITIES
Liabilities:
Accounts payable
Deposits
Deferred compensation payable
Bond Issue pledged revenue
Total Liabilities
Special Deferred
Deposits Compensation
$ 5,998,027
$ 1,436,730
$ 5,998,027 $ 1,436,730
CITY OF RANCHO CUCAMONGA
COMBINING BALANCE SHEET
ALL AGENCY FUNDS
JUNE 30,1990
Assessment Districts
82-1R 84-1 84-2 86-2
Schedule 14
TOTALS
June 30,
85 -PD 88-2 1 9 9 0 1 9 8 9
$ 1,875,087 $ 1,035,048 $ 289,750 $ 456,266 $ 768,277 $ 196,437 $ 12,055,622 $ 9,765,637
3,099,472
- 88,822
19,512 10,770 3,015 2,797 86 36,180 17,889
2,619 5,692 3,159 1,550 7,092 574 20,686 -
851,748 49,016 34,080 - 934,844 1,123,807
$ 1,897,218
$ 1,903,258 $ 295,924 $ 506,832 $ 812,246 $ 197,097 $ 13,047,332 $ 14,095,627
$ $ - $
5,998,027
1,436,730
- $ - $ - $ - $ - $ $ - $ 1,885
5,998,027 5,173,303
1,436,730 1,223,766
295 924 506,832 812,246 197,097 5,612,575 7,696,673
1,897,218 1,903,258
$ 5,998,027 $ 1,436,730 $ 1,897,218 $ 1,903,258 $ 295,924 $ 506,832 $ 812,246 $ 197,097 $ 13,047,332 $ 14,095,627
83
le MI MIR MIN MIN =I INN
M N a IS MI OM r la MI MI — M I MI all — M MI IS
CITY OF RANCHO CUCAMONGA Schedule 15
COMBINING STATEMENT OF CHANGES IN ASSETS AND UABILIIIES
ALL AGENCY FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1990
Balance Balance
July 1, 1989 Additions Deletions June 30, 1990
SPECIAL DEPOSITS
Assets:
Cash and Investments $ 5,168,404 $ 1,612,344 $ 782,721 $ 5,998,027
Uabinles:
Deposits $ 5,168,404 $ 1,612,344 $ 782,721 $ 5,998,027
DEFERRED COMPENSATION
Assets:
Cash end Investments $ 1,223,766 $ 212,964 $ - $ 1,436,730
Liabilities:
Deferred compensation payable $ 1,223,766 $ 212,964 $ $ 1,436,730
ASSESSMENT DISTRICT 82-1R
Assets:
Cash and Investments $ 1,611,177 $ 1,031,140 $ 767,230 $ 1,875,087
Accounts receivable 29,303 2,619 31,922
Interest receivable 9,206 19,512 9,206 19,512
Taxes receivable - 2,619 - 2,619
Total Assets $ 1,649,686 $ 1,055,890 $ 808,358 $ 1,897,218
Uebllldes:
Bond Issue pledged revenue $ 1,649,686 $ 1,055,890 $ 808,358 $ 1,897,218
ASSESSMENT DISTRICT 84-1
Assets:
Cash and Investments $ 442,923 $ Z314,539 $ 1,722,414 $ 1,035,048
Accounts receivable 27,718 5,692 33,410
Interest receivable 2,531 10,770 2,531 10,770
Taxes receivable - 5,692 - 5,692
Due from other funds - -
Due from Redevelopment Agency 986,827 851,748 986,827 851,748
Total Assets $ 1,459,999 $ 3,188,441 $ 2,745,182 $ 1,903,258
Liabilities:
Bond Issue pledged revenue $ 1,459,999 $ 3,188,441 $ 2,745,182 $ 1,903,258
CITY OF RANCHO CUCAMONGA
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
ALL AGENCY FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,1990
Balance Balance
July 1,1989 Additions Deletions June 30,1990
ASSESSMENT DISTRICT 84-2
Assets:
Cash and Investments $ 260,856 $ 217,022 $ 188,128 $ 289,750
Accounts receivable 3,476 3,159 6,635
Interest receivable 1,490 3,015 1,490 3,015
Taxes receivable 3,159 3,159
Total Assets
Liabilities:
Bond issue pledged revenue
ASSESSMENT DISTRICT 86-2
$ 265,822 $ 226,355 $ 196,253 $ 295,924
$ 265,822 $ 226,355 $ 196,253
$ 295,924
Assets:
Cash and Investments $ 323,393 $ 344,195 $ 211,322 $ 456,266
Accounts receivable 5,344 1,550 6,894
Interest receivable 723 - 723
Taxes receivable 1,550 1,550
Due from other funds 102,900 53,884 49,016
Total Assets $ 432,360 $ 347,295 $ 272,823 $ 506,832
Uabilitles:
Bond Issue pledged revenue 432,360 347,295 272,823 506,832
ASSESSMENT DISTRICT 85 -PD
Assets:
Cash and investments $ 728,373 $ 1,129,139 $ 1,089,235 $ 768,277
Accounts receivable 22,981 7,092 30,073
Interest receivable 3,900 2,797 3,900 2,797
Taxes receivable - 7,092 7,092
Due from other funds 34,080 34,080
Total Assets
Liabilities:
$ 789,334 $ 1,146,120
$ 1,123,208 $ 812,246
Schedule 15
(Continued)
Bond issue pledged revenue $ 789,334 $ 1,146,120 $ 1,123,208 $ 812,246
85
a N In UN MN 01111 En r EN IMO. 10M1 IS MI MN MN I 1101 NM 1101
MIIII M nil MIN IS - lin MIN OM OM M M MIN MINI EMI NM
CITY OF RANCHO CUCAMONGA Schedule 19
(Continued)
ASSESSMENT DISTRICT 88-2
Assets:
Cash and Investments
Interest receivable
Taxes receivable
Total Assets
Llebllllles:
Accounts payable
Deposits
Bond Issue pledged revenue
TOTALS -ALL AGENCY FUNDS
Assets:
Cash and Investments
Accounts receivable
Interest receivable
Taxes receivable
Due from other funds
Due from Redevelopment Agency
Total Assets
Llabllltlee:
Accounts payable
Deposits
Deferred compensation payable
Special assessment bond reserve
Total Liabilities
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
ALL AGENCY FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 1990
Balance Balance
July 1, 1989 Additions Deletions June 30, 1990
6,745
39
$ 217,779
660
574
$ 28,087
613
$ 196,437
86
574
6,784 $ 219,013 $ 28,700 $ 197,097
1,885 $
4,899
219,013
$ 6,784 $ 219,013
$ 9,765,637
88,822
17,889
136,980
986,827
$ 10,996,155
$ 1,885
5,173,303
1,223,766
4,597,201
$ 10,996,155
1,885
4,899
21,916
28,700
197,097
197,097
$ 7,079,122 $ 4,789,137 $ 12,055,622
20,112 108,934
36,754 18,463 36,180
20,686 - 20,686
53,884 83,096
851,748 986,827 851,748
$ 8,008,422 $ 5,957,245 $ 13,047,332
$ - $ 1,685 $ -
1,612,344 787,620 5,998,027
212,964 1,436,730
6,183,114 5,167,740 5,612,575
$ 8,008,422 $ 5,957,245 $ 13,047,332
86
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1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
GENERAL FIXED ASSETS
..2rTic)
1 1 1 1 1 1 1 i 1 1 1 i 1 1 i 1 1 1 1 1 1 1 1 1
cn
tTI
y
cn
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all MI IS MI I M I OM M OM — OM M IS _ a a a IS
General Fixed Assets:
Land
Building Improvements
Improvements other than buildings
Equipment and vehicles
Furniture and fixtures
Assets acquired under a capital lease
Construction In progress
Total General Fixed Assets
Investment In General Fixed Assets
CITY OF RANCHO CUCAMONGA Schedule 16
STATEMENT OF GENERAL FIXED ASSETS
JUNE 30, 1990
87
June 30,
1990 1989
$ 33,134,093 $ 29,300,945
3,824,128 3,708,497
4,221,538
6,344,476 5,134,319
2,314,001 377,728
925,969 677,066
23,005,106 14,829,935
$ 73,769,311 $ 54,028,490
$ 73,769,311 $ 54,028,490
Function and Activity
General Government:
City manager
Personnel
City clerk
Administrative services
Planning
Building and safety
General city facilities
Assessment administration
Total
Public Safety
Engineering and Public Works
Community Services
Community Redevelopment
Fire Protection
Total General Fixed Assets
Allocated to Functions
Construction In Progress
Total
CITY OF RANCHO CUCAMONGA
SCHEDULE OF GENERAL FIXED ASSETS
BY FUNCTION AND ACTIVITY
JUNE 30, 1990
Land
1,003,261
1,003,261
Buildings
Improvements
Improvements
other than
Buildings
680,716
9,789
690,505
617,402 399,241
26,013,940 1,900,767 4,165,827
5,483,978
15,512 833,615
55,711
$ 33,134,093 $ 3,824,128 $ 4,221,538
88
Equipment
and
Vehicles
$ 11,286 $
8,670
68,995
248,120
160,966
131,496
322,402
294,038
1,245,973
163,721
2,228,596
397,844
1,453,139
1,944,893
$ 7,434,166
Furniture
and
Fixtures
2,079
3,429
10,417
9,959
9,747
6,764
46,291
3,129
Schedule 17
Total
$ 13,365
12,099
79,412
258,079
170,713
138,260
2,052,670
306,956
91,815 3,031,554
15,500
65,036
1,977,929
163,721
3,260,739
32,543,414
8,970,757
2,794,020
$ 2,150,280 50,764,205
23,005,106
$73,769,311
IS N M M 1101 M E MI MI MI MI E NM N IIIII INN MIN
STATISTICAL SECTION
1 I 1 I 1 1 1 1 I 1 1 I 1 1 1 1 1 1 1
1
NOI ID3S 1VDJISLLVIS
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IIMIIa a I
Fiscal
Year
1980-81
1981-82 (2)
1982-83
1983-84
1984-85
1985436
1986-87
1987-88
1988-89
1989-90
(1)
(2)
(3)
I M In E M MI la a= MI NM
CITY OF RANCHO CUCAMONGA
GENERAL GOVERNMENTAL EXPENDITURES BY FUNCTION
LAST TEN FISCAL YEARS
General Public
Government Safety
$ 1,277,886 $ 2,303,019 $
2,397,097 2,413,992
1,718,618 2,631,001
1,814,653 2,922,292
2,257,929 3,417,999
3,994,845 4,140,150
3,437,497 4,311,304
5,496,299 6,855,023
8,531,326 6,117,980
11,890,911 6,933,276
Engineering
and
Public Works
3,988,871 (3)
7,769,525
7,329,039
Community
Development
$ 3,782,190
4,312,563
9,033,156
4,525,590
7,882,070
15,071,893
13,755,081
5,609,291
3,717,641
8,882,083
Community
Services
Public Safety
Fire
Proteclbn
$ 304,598 $ -
316,177
2,041,787
387,230 -
495,120 -
1,831,248 -
2,514,684
1,474,217
1,228,413 4,763,673
1,436,387 5,306,337
Included all Governmental Fund Type - General, Special Revenue, Debt Service and Capital Projects Funds.
Beginning fiscal year 1981-82, the data presented represents all City activities for which tho City Council has
oversight responsibilities with
which became a component unit July 1, 1989 and for which only 1988-89 and current data was available
Expenditures for the fiscal year 1987-88 end prior are functionally classified as presented In the financial
classified differently to show more details as presented in the financial statements.
89
statements for those years.
$
Debt
Service
Maas
Capital
Outlay
$
68,716
273,338 71,622
1,727,809 2,490,634
3,177,404 393,882
3,038,650 31,898
6,065,219 8,557,666
8,545,419 29,425,814
14,566,918 30,394,512
60,497,913 28,608,963
the exception of
Expenditures tor
Exhibit 1
Total
$ 7,667,693
9,508,545
15,769,522
13,868,208
17,624,404
28,108,684
38,641,451
61,394,934
77,089,988
128,884,909
the Rancho Cucamonga Fire District
fiscal year 1987-88 and later have
1I
CITY OF RANCHO CUCAMONGA Exhibit 2
GENERAL GOVERNMENT REVENUE BY SOURCE
LAST TEN FISCAL YEARS
Use of
Money
Fiscal Taxes & Licenses & Charges for and Fines & Development
Year Assessments Permits Interoovernmental Services Property Forfeitures Fees Other Total
1980-81 $ 2,772,321 $ 607,398 $ 3,781,713 $ 1,708,478 $ 610,524 $ 94,162 $ $ 35,726 $ 9,610,322
1981-82 (2) 3,345,523 474,793 2,880,986 1,456,192 912,734 123,989 5,297 9,199,514
1982-83 4,210,654 655,278 3,156,781 2,278,338 2,113,655 132,327 848,000 228,408 13,623,441
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 4,210,787 52,604,345
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
(1) Includes all governmental fund types - General, Special Revenue, Debt Service and Capital Projects Funds.
(2) Beginning fiscal year 1981-82, 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 current data was
available.
(3) Classified as Charges for Services prior to fiscal year 1985-86.
Source: Annual Audit Report
so
a ■110 S MN NB MO SI 1111 11111_*— E 1111_ NI NM MI I
N N IS MI N V— a la a a N MI MO N a—_ s
CITY OF RANCHO CUCAMONGA Exhibit 3
ASSESSED VALUATION OF ALL CfTY PROPERTY
LAST TEN FISCAL YEARS
Business
Fiscal Secured Public Total Unsecured Property Homeowners Inventory Net Taxable
Year Property Utility Secured Property Total Full Cash Value Exemptions Exemption Exemption Value
1980-81 $ 307,256,805 $ 39,045,060 $ 34E301,865 $ 17,648,555 $ 363,950,420 $ 1,455,810,680 $ 1,384,585 $ 18,981,710 $ - (1) $ 343,584,125
1981-82 (2) 1,412,737,197 180,686,750 1,593,423,947 86,325,665 1,679,749,612 1,679,749,612 6227,155 82,426,620 1,591,095,837
1982-83 1,552,756,169 184,209,640 1,736,965,809 101,767,808 1,638,733,617 1,838,733,617 6,635,231 83,043,407 - 1,749,054,979
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 1,596,947,266 208,023,560 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 68,979,788 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 • (3) 95,133,356 - 3,046,306,208
1987-88 3,276,453,488 311,545,190 3,587,998,678 175,043,138 3,763,041,816 3,763,041,816 - (3) 102,509,009 - 3,660,532,807
1988-89 3,842,089,811 6,603,300 3,848,693,111 212,624,063 4,061,317,174 4,061,317,174 - (3) 113,470,203 - 3,947,846,971
1989-90 4,863645,245 6,744,546 4,670,389,791 251,517,317 4,921,907,108 4,921,907,108 - (3) 119,705,841 - 4,802,201,267
Note: As of 1981-82, assessed valuation is based on 100 percent of full market value, rather than 25 percent, as in prior years.
(1)
Changes In State Law mandated a 100 percent exemption of assessed valuation,
(2) Beginning in fiscal year 1981-82, the date presented represents all City activities for which the City Council has oversight responsibliities with the exception of the Rancho Cucamonga Fire
District which became a component unit July 1, 1989 and for which only 1989-90 data was available.
(3)
New report format for the County of San Bernardino precludes this category.
Source: County of San Bernardino Auditor -Controller
91
CITY OF RANCHO CUCAMONGA Exhibit 4
PROPERTY TAX LEVIES AND COLLECTIONS
Percent
Fiscal Total Tax Total Tax of Levy
Year Lew Collection Collected
1980-81 $ 711,705 $ 590,311 83 %
1981-82 816,516 669,836 82
1982-83 894,853 830,813 93
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
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
a NE E 11N1 IIMI NM 11111 E e N MN 11111 11111 N 1 I MN NS 1115
N_ I-- a UN I-111111 11111 11111 111M1 M 11111 11111 NMI IS
CITY OF RANCHO CUCAMONGA
PROPERTY TAX RATE - ALL OVERLAPPING GOVERNMENTS
LAST TEN FISCAL YEARS
Exhibit 5
Chino
Basin City of
Schools County Cucamonga Metropolitan Municipal Rancho Total
Fiscal Tax Tax County Water W.D. Cucamonga Tax
Year Rate Rate W.D. District Tax Rate Tax Rate Rate
1980-81 .3167 4.000 .0876 .0890 .0560 .0493 4.5986
1981.82 (1) .0687 1.000 .0200 .0211 .0130 .0493 1.1721
1982-83 .0817 1.000 .0181 .0189 .0118 .0493 1.1798
1983-84 .0732 1.000 .0184 .0258 .0113 .0493 11780
1984-85 .0539 1.000 .0121 .0174 .0099 .0493 1.1426
1985-86 .0394 1.000 .0106 .0164 .0087 .0493 1.1244
1986-87 .0361 L000 .0111 .0148 .0071 .0493 1.1184
1987-88 .0471 1.000 .0145 .0164 .0066 .0493 1.1339
1988-89 .0407 1.000 .0141 .0110 .0046 .0493 1.1197
1989-90 .0435 1.000 .0164 .0121 .0038 .0493 1.1251
(1) For fiscal years 1981-82 and thereafter, assessed valuation of property is stated at 100 percent of market value, formerly
25 percent. In years prior to this, the tax was per $100 of assessed valuation; therefore in this and subsequent years,
the rate was reduced appropriately to adjust for this conversion.
Source: County of San Bernardino Auditor -Controller
93
CITY OF RANCHO CUCAMONGA
SPECIAL ASSESSMENT COLLECTIONS
LAST TEN FISCAL YEARS
Exhibit 6
Total
Current Ratio of Outstanding
and Prior Collections Current &
Fiscal Assessments Assessments to Amount Delinquent
Year Due Collected Due Assessments
1980-81 $ $ - % $ -
1981-82
1982-83
1983-84 -
1984-85
1985-86 (1) 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
(1) Formation of Special Assessment Districts
Source: Finance Division, Resource Center
94
11111 11111 PM M MB E 111111 I MN N 111111 111111 1 IIMI 11111 E M 11111 NM
M _ M I — N N N a In a N MN en I N 11111
CITY OF RANCHO CUCAMONGA
DIRECT AND OVERLAPPING BONDED DEBT
1989-90 Assessed Valuation: $ 4,921,907,108
DIRECT AND OVERLAPPING BONDED DEBT:
San Bernardino County Building Authorities
San Bernardino County Free Library Authority
Metropolitan Water District
Chino Basin Municipal Water District Certificates of Participation
Chino Basin Municipal Water District Authority
Chaffey Jt. Union High School District Certificates of Participation
Alta Loma School District
Central School District
Cucamonga School District
Cucamonga County Water District
Cucamonga County Water District, I.D. #1963-1
Cucamonga County Water District, I.D. #2
Cucamonga County Water District, I.D. #5
Rancho Cucamonga Redevelopment Agency
Etiwanda School District Certificates of Participation
Etiwanda School District Community Facilities District #1 & #2
Other School District & Certificates of Participation
City of Rancho Cucamonga Certificates of Participation
City of Rancho Cucamonga Community Fac. Dist. #84-1
City of Rancho Cucamonga Community 1915 Act Bonds
Total Gross Direct and Overlapping Bonded Debt
Less: Cucamonga County Water District,
I.D. #2, (100% self-supporting)
Total Net Direct and Overlapping Bonded Debt
Percent Debt
Applicable June 30, 1990
7.760 %
10.789
0.521
18.782
18.782
37.701
99.345
97.979
42,891
89.011
94.012
100.000
94.960
100.000
80.172
100.000
various
100.000
100.000
100.000
95
$ 22,651,641
58,234
3,740,443
4,909,614
848,946
4,071,708
6,084,881
1,846,904
5,953,065
867,857
437,155
30,000
5,066,258
107, 780, 000
1,691,629
7,395,000
30,933
8,145,000
17,000,000
14,540, 000
$ 213,149,268
(30,000)
$?13119268
Direct Debt
Total Gross Debt
Exhibit 7
0.54 %
3.55
Total Net 3.55
SHARE OF AUTHORIZED AND UNSOLD
Metropolitan Water District $ 260,500
Alta Loma School District $ 7,545,253
Cucamonga School District $ 321,683
STATE SCHOOL BUILDING AID
REPAYABLE AS OF JUNE 30, 1990:
$ 9.840,958
Assessed valuation
Debt limit - 150 of assessed valuation
Amount of debt applicable to debt limit:
Total bonded debt
Other debt
Less assets in Debt Service Fund available
for payment of principal
Legal Debt Margin
Source: Finance Department
CITY OF RANCHO CUCAMONGA Exhibit 8
LEGAL DEBT MARGIN
(GENERAL OBLIGATION BONDS)
JUNE 30, 1990
$ 4.92190 i
$ 738,286,067
$ 738.286.067
Note: The City has no general obligation bonds outstanding; however, revenue bond indebtedness has been issued by the Rancho
Cucamonga Redevelopment Agency. See Direct and Overlapping Bonded Debt for information on these bonds.
96
E WM al I MI 1111 1111 111111 1 11111 N N E 11111 1111 MN EN 1111
ININ I- N N N NM M NM NM -- MN MN I S_ N INI
CITY OF RANCHO CUCAMONGA Exhibit 9
BUILDING PERMITS
Number of Permits Issued
1980-81 1981-82 1982-83 1983-84 1984-85 1985-86 1986-87 1987-88 1988-89 1989-90
July 471 402 244 669 1,102 993 1,773 1,425 1,232 428
August 506 340 301 831 543 726 1,587 1,769 1,751 459
September 405 351 177 701 778 741 1,064 1,547 1,373 351
October 478 230 222 785 665 1,149 2,219 1,084 1,941 512
November 352 186 429 456 541 676 1,126 837 1,470 358
December 350 188 211 283 437 1,007 1,289 848 1,068 268
January 275 150 205 387 918 871 1,742 973 1,448 337
February 336 177 183 533 879 888 1,455 1,246 1,167 359
March 398 321 299 470 1,122 1,033 1,775 1,820 1,689 410
April 435 305 415 475 1,106 1,736 1,468 1,225 1,649 396
May 318 282 539 1,130 980 1,389 1,294 1,708 1,927 372
June 453 307 687 1429 1,005 1,720 1,577 1.981 1.964 408
Total 4.777 3p,239 3.912 8.149 10.076 j 2 929, 18.369 16 4¢3 18 679 4.658
Source: Building & Safety Division
97
CITY OF RANCHO CUCAMONGA
CONSTRUCTION ACTIVITY
BUILDING PERMIT VALUATION
Exhibit 10
1980-81 1981-82 1982-83 1983-84 1984-85 1985-86 1986-87 1987-88 1988-89 1989-90
July $ 3,186,408 $ 2,111,896 $ 1,790,975 $ 16,930,707 $ 23,038,404 $ 19,693,799 $ 41,935,297 $ 26,616,322 $ 19,353,555 $ 10,089,602
August 5,951,303 697,993 1,570,274 5,020,250 9,800,414 10,733,282 22,952,820 42,574,167 30,200,101 23,460,230
September 1,080,900 1,462,426 4,644,757 3,937,212 12,394,158 10,170,567 24,218,811 31,918,086 24,268,160 22,479,041
October 5,337,366 8,346,268 1,825,297 5,499,104 7,520,086 24,441,420 9,885,316 20,870,494 48,782,828 23,647,235
November 4,314,455 604,786 6,244,236 12,439,028 10,131,349 12,130,504 14,416,666 24,547,794 17,614,217 11,332,216
December 3 713,356 2,368,541 280,557 4,410,307 34,605,218 27,198,114 25,215,286 12,117,584 16,056,186 10,147,202
January 7,505,704 482,708 839,542 6,725,715 19,387,782 18,631,075 30,521,731 17,568,702 24,774,598 15,816,216
February 3,208,812 534,729 2,614,266 13,483,350 10,487,888 19,694,626 12,217,137 31,608,519 38,792,235 23,738,389
March 2,509,957 2,118,103 19,759,621 20,793,466 15,417,025 68,128,752 33,979,691 43,663,631 47,229,360 16,484,505
April 3,282,760 5,577,759 45,310,933 8,471,885 31,011,776 46,864,584 41,009,272 10,056,772 35,861,166 9,156,809
May 4,880,902 800,634 4,594,041 17,192,227 17,444,011 20,490,492 10,459,244 32,375,301 34,206,959 9,498,383
June 1,977,572 1,591,932 9,976,858 25,610,524 9,462,001 37,129,540 24,066,664 56,408,374 60298,893 22,989,440
Total $ 46.949.49] $ 26.697 775 $ 99.451.357 $ L40513,725 $ 200.700 112 $ 315.306 75 $ men= 935 $ P50,32. 746 $ 3.91.428.25a $ 1.9 839.268
Source: Building & Safety Division
98
1111111 ION Ell MIN NM M VIII a a MO INN Mil MINI NMI EMI Mil MIMI E IMO
111111 NB NM EN MN- M I N N 1 I- NE S N I I IN
CITY OF RANCHO CUCAMONGA Exhibit 11
DEMOGRAPHIC STATISTICS
City
Average Annual San Bernardino Population
City Population County as Percent
Year Population Percent Chanaes Population Of County
1981 56,664 2.6 % 919,622 6.2 %
1982 58,592 3.4 954,451 6.2
1983 59,832 2.1 985,880 6.1
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 114,954 9.8 1,423,800 8.1
Source: (1) U.S. Bureau of Census, California Department of Finance
(2) City of Rancho Cucamonga, Planning Department
99
CITY OF RANCHO CUCAMONGA Exhibit 12
PRINCIPAL TAXPAYERS (1)
JUNE 30, 1990
Taxpayer Tvbe of Business
Dayton Hudson Retail
Tamco Manufacture of Steel Billets
General Dynamics Weaponry
K -Mart Retail
Ampac Manufacture Concrete Pipe
Alpha Beta Co. Supermarket
Stater Bros. Supermarket
Builders Emporium Retail
Mobil Oil Corporation Service Station
Ameron, Inc. Manufacture Reinforcing Steel
(1) Based on sales tax revenues.
Source: State Board of Equalization
100
l MII IIIIII = M MB E NM IIIIII MI IIIIII E 1 E I NM N MN NM
N I M MO M— IS NM la MB_ I W I I In S MO MO
Coverage
Auto Insurance
Lease/Purchase
Vehicles only
Auto Insurance
Owned vehicles only
Crime Policy
Liability Insurance
Excess Liability
Property Insurance
Special Events
Workers Compensation
Source: Risk Management Division
CITY OF RANCHO CUCAMONGA
Limit
$ 100,000
$ 100,000
$ 100,000
$ 5,000,000
$ 5,000,000
Varies for
each location
$ 2,000,000
INSURANCE
AS OF AUGUST 16, 1990
Company
Commercial Union
CAR025933
Self Insured
Aetna Life & Casualty
86 BU 100524391
BCA
California Municipal
Insurance Authority
Lexington Insurance
Company
556-7063
Employers Mutual
Casualty Company
9A6-15-68-90
Fireman's Fund
Insurance Company
California Municipal
Insurance Authority
101
Exhibit 13
Remarks
One year policy
$51,226 annual premium
Expires 11/30/90
Reserve set up to pay claims
Three year policy
$1,335.00 annual premium
Expires 6/1/92
Three year policy
$338,780 annual premium
Expires 7/1/91
Public Officials
Insurance included
Self insurance retention of
$100,000 on each liability
claim
One year policy
$48,972.50 annual premium
Expires 7/1/91
One year policy
$9,989.91 annual premium
Expires 9/8/90
One year policy
$251.65 annual premium
Expires 7/1/91
One year policy
$209,948.47 annual premium
Expires 7/1/91
CITY OF RANCHO CUCAMONGA Exhibit 14
MISCELLANEOUS STATISTICAL INFORMATION
Date of Incorporation November 22, 1977
Type of City General Law
Form of Government Council Manager
Area 37 Square Miles
Population 114,954
Number of Street Lights 6,524
Miles of Streets 410
Number of Signals 68
Fire Protection:
Rancho Cucamonga Fire District
Number of Stations 3
Number of Firefighters and Officers 57
Police Protection
Contracted with San Bernardino County
Number of Stations
Number of Sworn Officers
1
74
Recreation and Culture:
Number of Parks 16 with 161 acres
Source: Community Development Department, Community Services Department
102
1111111 1 IIS SI NM MN 11111 NB I INI1 In EN 11111 11111 11111 MO MI MN NM