HomeMy WebLinkAbout022619 CC Agenda
!"#$%& ' (%)* )*' +"',% & - (%)* .%-&/%$%)%'- + )0 %1 2!3 ''4 -#' %&$ &--%-)& ' )! #&,)% %#&)' % )*%- "'')% 50
#$'&-' ! )& ) )*' !11% ' !1 )*' 6%)2 6$',7 89:;< =9>?=>>>@ A!)%1% &)%! >B *!3,- #,%!, )! & "'')% 5 (%$$ ' &/$' )*' 6%)2
)! "&7' ,'&-! &/$' &,,& 5'"' )- )! ' -3,' & '--%/%$%)2 )! )*&) "'')% 5 CDB 6EF G:@;HD@G:@;H> +.+ I%)$' J@
!
" # $%& '$(")'$*% $(&
+ %& +'# "(
$*% $(&'$, #- +.
/0111'# ( '."+ "
" # $%& 2'$ &(3*+ (
3 -+% +)'452'4106'7'8911':#
+) &##,!K%"&)'$2 9L>: M@N@0 )*' 6%)2 6!3 %$ (%$$ 4')',"% ' (*% * !1 )*' ,'"&% % 5 &5' 4& %)'"- & /' ! -%4','4 & 4
& )'4 3#! #,%!, )! ;HLHH M@N@ & 4 "&2 ! )% 3' &$$ !)*', %)'"- ! (*% * &44%)%! &$ )%"' %- ,'O3%,'4 3 )%$ & 13)3,' "'')% 5@
+$$ "'')% 5- &,' - *'43$'4 )! ' 4 &) ;HLHH M@N@
$&*. !'. ..(* '7'5911':;#;
6PAEQFQA6Q R IS TQU+T 6PVAWQTXMQA. AU T I U+I PA@ I*' 6%)2 6!3 %$ (%$$ "'') %
$!-'4 -'--%! (%)* )*' 6%)2 +))!, '2 #3,-3& ) )! U!Y', "' ) 6!4' W' )%! :>9:=@984<8;< (%)* ,'-#' )
)! ! ' "&))', !1 #' 4% 5 $%)%5&)%! L 6%)2 !1 I'"' 3$& Y@ A&)3,' R!,7-0 @0 ') &$@0 F%Y',-%4' 6!3 )2
W3#',%!, 6!3,) 6&-' A!@ N66 ;ZHHBGH@
$ &&'"*'*+! +9''#<=>?'#@AB' <CC<?
:?BDEFB'#EG@H9''.I@?@J'>K' ?B<J'*<A'-<LF
(LM>H<J@>L9''"-!
3D<C'.<DEJB9''$>ELH@D'#BNOB?' FP<?FG
+*&&'$ &&9'' FP<?FG2'+<QL2'.HQP<LA2'.JBP<?J2' <CC<?
:+ . " "(* .R:+*$& # "(* .
M,'-' )&)%! !1 6',)%1% &)' !1 F' !5 %)%! )! W#%,%) !1 U,'&) P&7 \[& 4 & 4 U3&,4
:%-&($'$*## ".
+ )!)&$ !1 GH "% 3)'- %- #,!Y%4'4 1!, "'"/',- !1 )*' #3/$% )! &44,'-- )*' 6%)2 6!3 %$ ! %)'"- )*&)
&##'&, ! )*' 6! -' ) 6&$' 4&, !, & "&))', !) $%-)'4 ! )*' &5' 4&@ Q& * -#'&7', %- $%"%)'4 )! )*,''
"% 3)'-@ 1 )*' -#'&7', *!!-'- )! &44,'-- )*' 6%)2 6!3 %$ ! & %)'" $%-)'4 ! )*' 6! -' ) 6&$' 4&, !,
& "&))', !) $%-)'4 ! )*' &5' 4&0 & F'O3'-) )! W#'&7 1!," "&2 /' 1%$$'4 !3) & 4 1%$'4 (%)* )*' 6%)2
6$',7 #,%!, )! )*' 6%)2 6!3 %$ &44,'--% 5 M3/$% 6!""' )- & 4 )*' 6! -' ) 6&$' 4&,@ P ' )*'
-#'&7', %- &$$'4 )! -#'&70 #$'&-' !"' 1!,(&,4@ E!, &$$ M3/$% S'&,% 5 !, \[3-% '-- %)'"- ! )*' &5' 4&0
& F'O3'-) )! W#'&7 1!," "&2 /' 1%$'4 (%)* )*' 6%)2 6$',7 #,%!, )! )*' 6%)2 6!3 %$ &44,'--% 5 )*&) %)'"@
P )*!-' %)'"-0 '& * -#'&7', %- $%"%)'4 )! 1%Y' "% 3)'-@
:<CB'0
$@J='$>ELH@D CBLF<3BO?E<?='452'4106
$(")'$*% $(&'+ :*+".
F'#!,)- /2 )*' "'"/',- !1 )*' 6%)2 6!3 %$ ! "&))',- !) ! )*' &5' 4& (%$$ /' "&4' &) )*%- )%"'@ +
)!)&$0 !) )! 'K ''40 )' "% 3)'- (%$$ /' 4'Y!)'4 )! )*'-' ,'#!,)-@
$* . "'$ & ! +
+$$ "&))',- $%-)'4 3 4', 6! -' ) 6&$' 4&, &,' ! -%4','4 )! /' ,!3)% ' & 4 &$$ (%$$ /' ' & )'4 /2 ! '
,!$$ &$$ Y!)'@ I*',' (%$$ /' ! 4%- 3--%! !1 )*'-' %)'"- 3 $'-- "'"/',- !1 )*' 6%)2 6!3 %$ ,'O3'-)
-#' %1% %)'"- /' ,'"!Y'4 1,!" )*' 6! -' ) 6&$' 4&, 1!, -'#&,&)' & )%! @
R&%Y' F'&4% 5 !1 W)& 4&,4 P,4% & '- & 4 F'-!$3)%! -
0;
F' !""' 4&)%! L
I*&) )*' 6%)2 6!3 %$ (&%Y' )*' ,'&4% 5 !1 )*' )'K) !1 &$$ -)& 4&,4
!,4% & '- & 4 ,'-!$3)%! - % $34'4 % )*' &5' 4& 'K '#) &- -#' %1% &$$2
,'O3%,'4 /2 )*' U!Y', "' ) 6!4'@
+5' 4& F'#!,)
JJ<HQNBLJG9
+##,!Y' )*' + )%! N% 3)'- !1 E'/,3&,2 ;D0 DH;9
4;
F' !""' 4&)%! L
I*&) )*' 6%)2 6!3 %$ &##,!Y' )*' & )%! "% 3)'- !1 E'/,3&,2 ;D0 DH;9@
N% 3)'-
JJ<HQNBLJG9
+##,!Y' )*' T%-) !1 .'"& 4-
S;
F' !""' 4&)%! L
I*&) )*' 6%)2 6!3 %$ &4!#) & ,'-!$3)%! ' )%)$'4L
FQWPTVI PA AP@ ;9?
+ FQWPTVI PA PE ISQ 6 I\\ 6PVA6 T PE ISQ 6 I\\ PE
IQNQ6VT+ +TTPR AU 6QFI+ A 6T+ NW +A. .QN+A.W +W
WQI EPFIS A Q\]S \[ I +
+5' 4& F'#!,)
JJ<HQNBLJG9
F'-!$3)%!
T%-) !1 .'"& 4-
+##,!Y' )*' 6%)2 I,'&-3,',^- F'#!,) &- !1 .' '"/', G;0 DH;B
/;
F' !""' 4&)%! L
I*&) )*' 6%)2 6!3 %$ &##,!Y' & 4 1%$' )*' 6%)2 I,'&-3,',^- F'#!,) &- !1
.' '"/', G;0 DH;B@
+5' 4& F'#!,)
JJ<HQNBLJG9
I,'&-3,',_- F'#!,)
+##,!Y' )*' M3, *&-' 1,!" \[NR N!)!, 2 $'- !1 F%Y',-%4' !1 P ' \[NR M!$% ' N!)!, 2 $'
T;
1!, )*' I'"' 3$& M!$% ' .'#&,)"' )
:<CB'4
$@J='$>ELH@D CBLF<3BO?E<?='452'4106
F' !""' 4&)%! L
I*&) )*' 6%)2 6!3 %$ &##,!Y' )*' #3, *&-' 1,!" \[NR N!)!, 2 $'- !1
F%Y',-%4' !1 ! ' \[NR M!$% ' N!)!, 2 $' % )*' &"!3 ) !1 `GH0B>;@==@
+5' 4& F'#!,)
JJ<HQNBLJG9
M,% % 5 E!,"
F' '%Y' & 4 E%$' W3##!,) 1!, M,!Y%4% 5 +--%-)& ' )! )*' F%Y',-%4' 6!3 )2 .%-),% ) +))!, '2
5;
6& &/%- F'53$&)%! I&-71!, '
F' !""' 4&)%! L
I*&) )*' 6%)2 6!3 %$ ,' '%Y' & 4 1%$' -3##!,) 1!, #,!Y%4% 5 &--%-)& ' )!
)*' F%Y',-%4' 6!3 )2 .%-),% ) +))!, '2 6& &/%- F'53$&)%! I&-7 E!, '@
+5' 4& F'#!,)
JJ<HQNBLJG9
T'))', !1 )','-) & 4 )' )
+##,!Y' )*' QK $3-%Y' A'5!)%&)% 5 +5,''"' ) \[')('' )*' 6%)2 & 4 W)'#*' +@ \[%',%
8;
6!"#& 20 @0 1!, )*' M!)' )%&$ .%-#!-%)%! !1 6%)2?P( '4 M,!#',)2 T! &)'4 &) )*' A!,)*('-)
6!, ', !1 .%&a F!&4 & 4 .' 42 M&,7(&2 8+MAL 9H9?GZH?H>9 & 4 9H9?GZH?H:H<
F' !""' 4&)%! L
I*&) )*' 6%)2 6!3 %$ ' )', % )! & QK $3-%Y' A'5!)%&)% 5 +5,''"' )
8QA+< /')('' )*' 6%)2 & 4 W)'#*' +@ \[%',% 6!"#& 20 @0 1!, )*'
#!)' )%&$ 4%-#!-%)%! !1 6%)2?!( '4 #,!#',)2 $! &)'4 &) )*' !,)*('-)
!, ', !1 .%&a F!&4 & 4 .' 42 M&,7(&2 8+MAL 9H9?GZH?H>9 & 4
9H9?GZH?H:H<@
+5' 4& F'#!,)
JJ<HQNBLJG9
+5,''"' )
+##,!Y' W#' %1% &)%! -0 & 4 +3)*!,%a' W!$% %)&)%! !1 6! -),3 )%! \[%4- 1!, M&Y'"' )
U;
F'*&/%$%)&)%! M,!5,&" ? Q )',#,%-' 6%, $' R'-) & 4 W!3)*0 F%4', R&2 & 4 6!""', ' 6' )',
.,%Y'0 MR;B?;D
F' !""' 4&)%! L
I*&) )*' 6%)2 6!3 %$L
;@ +##,!Y' )*' -#' %1% &)%! -0 & 4 &3)*!,%a' )*' .'#&,)"' ) !1 M3/$%
R!,7- )! -!$% %) ! -),3 )%! /%4- 1!, )*' M&Y'"' ) F'*&/%$%)&)%!
M,!5,&" ? Q )',#,%-' 6%, $' R'-) & 4 W!3)*0 F%4', R&2 & 4 6!""', '
6' )', .,%Y'0 MR;B?;Db
D@ N&7' & 1% 4% 5 )*&) )*%- #,!c' ) %- 'K'"#) 1,!" 6Qd+ #', +,)% $' ;90
6&)'5!,% &$ QK'"#)%! 0 W' )%! ;:GH;0 QK%-)% 5 E& %$%)%'-0 !1 )*' 6Qd+
U3%4'$% '-@
+5' 4& F'#!,)
JJ<HQNBLJG9
M,!c' ) .'- ,%#)%!
M,!c' ) T! &)%! N&#
:<CB'S
$@J='$>ELH@D CBLF<3BO?E<?='452'4106
+##,!Y' & +5,''"' ) (%)* 6!3,)'-2 6*'Y,!$') 6' )', 1!, )*' M3, *&-' !1 I(! 8D< DH;9
6;
6*'Y,!$') D:HHS. TI .!3/$' 6&/ > \] > e'*% $'-
F' !""' 4&)%! L
I*&) )*' 6%)2 6!3 %$ &##,!Y' & &5,''"' ) (%)* 6!3,)'-2 6*'Y,!$')
6' )',0 % )*' &"!3 ) !1 `BD0:=9@B=0 1!, )*' #3, *&-' !1 )(! 8D< DH;9
6*'Y,!$') D:HHS. TI .!3/$' 6&/ > \] > e'*% $'-@
+5' 4& F'#!,)
JJ<HQNBLJG9
+5,''"' )
+##,!Y' & +5,''"' ) 1!, 6! -3$)& ) W',Y% '- (%)* Ae:0 @0 1!, )*' N&,5&,%)& F' ,'&)%!
01;
6' )', M,!c' )0 MR;Z?D;
F' !""' 4&)%! L
I*&) )*' 6%)2 6!3 %$L
;@ +##,!Y' & +5,''"' ) 1!, 6! -3$)& ) W',Y% '- (%)* Ae:0 @0 % )*'
&"!3 ) !1 `BBH0G=:0 1!, )*' N&,5&,%)& F' ,'&)%! 6' )', M,!c' )0
MR;Z?D;b
D@ +3)*!,%a' )*' 6%)2 N& &5', )! &##,!Y' 'K),& (!,7 &3)*!,%a&)%! - !) )!
'K ''4 )*' ! )% 5' 2 &"!3 ) !1 `BB0HG=@:H0 (*% * %- 'O3&$ )! ;Hf !1
)*' &5,''"' ) &"!3 )@
+5' 4& F'#!,)
JJ<HQNBLJG9
+5,''"' )
M,!c' ) .'- ,%#)%!
M,!c' ) T! &)%!
+##,!Y' & A! ?QK $3-%Y' 6!""!4%)2 +5,''"' ) (%)* N3- ! W#!,)- T%5*)% 50 TT60 1!, )*'
00;
M3, *&-' !1 N3$)%?V-' E%'$4 T%5*)% 5 QO3%#"' ) &) M&$& M&,7 W! ', E%'$4
F' !""' 4&)%! L
I*&) )*' 6%)2 6!3 %$ &##,!Y' & A! ?QK $3-%Y' 6!""!4%)2 +5,''"' )
(%)* N3- ! W#!,)- T%5*)% 50 TT60 1!, )*' #3, *&-' !1 N3$)%?V-' E%'$4
T%5*)% 5 QO3%#"' )0 % )*' &"!3 ) !1 `=;09BZ@:H 1!, )*' W#!,)- E%'$4
T%5*)% 5 ? TQ. 6! Y',-%! M,!c' ) &) M&$& M&,7 W! ', E%'$4@
+5' 4& F'#!,)
JJ<HQNBLJG9
+5,''"' )
+##,!Y' E3 4% 5 +5,''"' ) \[')('' )*' 6%)2 !1 I'"' 3$& & 4 F%Y',-%4' 6!3 )2 E$!!4
04;
6! ),!$ & 4 R&)', 6! -',Y&)%! .%-),% ) 1!, 6$'& 3# !1 I,&-*0 .'/,%- & 4 P)*', )'"- !
.%-),% ) P( '4 M,!#',)2
F' !""' 4&)%! L
I*&) )*' 6%)2 6!3 %$ &4!#) & ,'-!$3)%! ' )%)$'4L
FQWPTVI PA AP@ ;9?
+ FQWPTVI PA PE ISQ 6 I\\ 6PVA6 T PE ISQ 6 I\\ PE
:<CB'/
$@J='$>ELH@D CBLF<3BO?E<?='452'4106
IQNQ6VT+ +MMFPe AU + EVA. AU +UFQQNQAI R IS ISQ
F eQFW .Q 6PVAI\\ ETPP. 6PAIFPT +A. R+IQF
6PAWQFe+I PA . WIF 6I +A. E A. AU ISQ 6 I\\^W +6I PA
Q\]QNMI EFPN 6Qd+
+5' 4& F'#!,)
JJ<HQNBLJG9
F'-!$3)%!
+5,''"' )
+##,!Y' +##$% &)%! 1!, )*' 6+T E FQ V,/& E!,'-),2 U,& ) M,!5,&" )*,!35* )*' 6&$%1!, %&
0S;
M,!#!-%)%! =B \[! 4 E3 4
F' !""' 4&)%! L
I*&) )*' 6%)2 6!3 %$ &4!#) & ,'-!$3)%! ' )%)$'4L
FQWPTVI PA AP@ ;9?
+ FQWPTVI PA PE ISQ 6 I\\ 6PVA6 T PE ISQ 6 I\\ PE
IQNQ6VT+ +MMFPe AU ISQ +MMT 6+I PA EPF ISQ 6 I\\ PE
IQNQ6VT+ VF\[+A EPFQWI N+A+UQNQAI MT+A +A.
AeQAIPF\\ EPF EVA. AU EFPN ISQ VF\[+A EPFQWIF\\
UF+AI MFPUF+N
+5' 4& F'#!,)
JJ<HQNBLJG9
F'-!$3)%!
+ $ ..'$(")'$*% $(&'# "( '"*'.$, !%& !'# "( .'*3'", '" # $%& '
$*##% (")'. +V($ .'!(."+($"2'", '.%$$ ..*+' $)'"*'", '" # $%& '
+ ! V &*:# "' $)2'", '" # $%& ',*%.( ' %",*+(")2' !'", '
" # $%& ':%-&($'3( $( ' %",*+(")
:<CB'T
$@J='$>ELH@D CBLF<3BO?E<?='452'4106
" # $%& '$*##% (")'. +V($ .'!(."+($"'# "(
$ &&'"*'*+! +9'':?BG@FBLJ'W<NBG'X.JBPX'.JBP<?J
+*&&'$ &&9'' FP<?FG2' <CC<?2'+<QL2'.HQP<LA2'.JBP<?J
$.!':%-&($'$*## ".
+ )!)&$ !1 GH "% 3)'- %- #,!Y%4'4 1!, "'"/',- !1 )*' #3/$% )! &44,'-- )*' \[!&,4 !1 .%,' )!,- ! %)'"-
)*&) &##'&, ! )*' 6! -' ) 6&$' 4&, !, & "&))', !) $%-)'4 ! )*' &5' 4&@ Q& * -#'&7', %- $%"%)'4 )!
)*,'' "% 3)'-@ 1 )*' -#'&7', *!!-'- )! &44,'-- )*' \[!&,4 ! & %)'" $%-)'4 ! )*' 6! -' ) 6&$' 4&, !,
& "&))', !) $%-)'4 ! )*' &5' 4&0 & F'O3'-) )! W#'&7 1!," "&2 /' 1%$$'4 !3) & 4 1%$'4 (%)* )*' 6%)2
6$',7 #,%!, )! )*' \[!&,4 &44,'--% 5 M3/$% 6!""' )- & 4 )*' 6! -' ) 6&$' 4&,@ P ' )*' -#'&7', %-
&$$'4 )! -#'&70 #$'&-' !"' 1!,(&,4@ E!, &$$ M3/$% S'&,% 5 !, \[3-% '-- %)'"- ! )*' &5' 4&0 & F'O3'-)
)! W#'&7 1!," "&2 /' 1%$'4 (%)* )*' 6%)2 6$',7 #,%!, )! )*' \[!&,4 &44,'--% 5 )*&) %)'"@ P )*!-' %)'"-0
'& * -#'&7', %- $%"%)'4 )! 1%Y' "% 3)'-@
$.!'$* . "'$ & ! +
+$$ "&))',- $%-)'4 3 4', 6! -' ) 6&$' 4&, &,' ! -%4','4 )! /' ,!3)% ' & 4 &$$ (%$$ /' ' & )'4 /2 ! '
,!$$ &$$ Y!)'@ I*',' (%$$ /' ! 4%- 3--%! !1 )*'-' %)'"- 3 $'-- N'"/',- !1 )*' I'"' 3$& 6!""3 %)2
W',Y% '- .%-),% ) ,'O3'-) -#' %1% %)'"- /' ,'"!Y'4 1,!" )*' 6! -' ) 6&$' 4&, 1!, -'#&,&)' & )%! @
+##,!Y' )*' + )%! N% 3)'- !1 E'/,3&,2 ;D0 DH;9
0/;
F' !""' 4&)%! L
I*&) )*' \[!&,4 !1 .%,' )!,- &##,!Y' )*' & )%! "% 3)'- !1 E'/,3&,2 ;D0
DH;9@
N% 3)'-
JJ<HQNBLJG9
$.!'!(+ $"*+'*3'$*##% (")'. +V($ .'+ :*+"
$.!' + &'# +'+ :*+"
$.!'-* +!'*3'!(+ $"*+'+ :*+".
$.!' !W*%+ # "
A'K) ,'53$&, "'')% 5L I3'-4&20 N&, * ;D0 DH;90 &) :LGH MN0 1!, & 6$!-'4 W'--%! 0 (%)* ,'53$&, -'--%!
!""' % 5 &) ZLHH MN0 6%)2 6!3 %$ 6*&"/',-0 >;HHH N&% W),'')0 I'"' 3$&0 6&$%1!, %&@
:<CB'5
$@J='$>ELH@D CBLF<3BO?E<?='452'4106
.%$$ ..*+' $)'"*'", '" # $%& '+ ! V &*:# "' $)
$ &&'"*'*+! +9''$Q<@?IB?G>L'#@AB' <CC<?
+*&&'$ &&9'' FP<?FG2'+<QL2'.HQP<LA2'.JBP<?J2' <CC<?
. +! ':%-&($'$*## ".
+ )!)&$ !1 GH "% 3)'- %- #,!Y%4'4 1!, "'"/',- !1 )*' #3/$% )! &44,'-- )*' \[!&,4 !1 .%,' )!,- ! %)'"-
)*&) &##'&, ! )*' 6! -' ) 6&$' 4&, !, & "&))', !) $%-)'4 ! )*' &5' 4&@ Q& * -#'&7', %- $%"%)'4 )!
)*,'' "% 3)'-@ 1 )*' -#'&7', *!!-'- )! &44,'-- )*' \[!&,4 ! & %)'" $%-)'4 ! )*' 6! -' ) 6&$' 4&, !,
& "&))', !) $%-)'4 ! )*' &5' 4&0 & F'O3'-) )! W#'&7 1!," "&2 /' 1%$$'4 !3) & 4 1%$'4 (%)* )*' 6%)2
6$',7 #,%!, )! )*' \[!&,4 &44,'--% 5 M3/$% 6!""' )- & 4 )*' 6! -' ) 6&$' 4&,@ P ' )*' -#'&7', %-
&$$'4 )! -#'&70 #$'&-' !"' 1!,(&,4@ E!, &$$ M3/$% S'&,% 5 !, \[3-% '-- %)'"- ! )*' &5' 4&0 & F'O3'-)
)! W#'&7 1!," "&2 /' 1%$'4 (%)* )*' 6%)2 6$',7 #,%!, )! )*' \[!&,4 &44,'--% 5 )*&) %)'"@ P )*!-' %)'"-0
'& * -#'&7', %- $%"%)'4 )! 1%Y' "% 3)'-@
. +! '$* . "'$ & ! +
+$$ "&))',- $%-)'4 3 4', 6! -' ) 6&$' 4&, &,' ! -%4','4 )! /' ,!3)% ' & 4 &$$ (%$$ /' ' & )'4 /2 ! '
,!$$ &$$ Y!)'@ I*',' (%$$ /' ! 4%- 3--%! !1 )*'-' %)'"- 3 $'-- N'"/',- !1 )*' W3 '--!, +5' 2 )! )*'
F'4'Y'$!#"' ) +5' 2 ,'O3'-) -#' %1% %)'"- /' ,'"!Y'4 1,!" )*' 6! -' ) 6&$' 4&, 1!, -'#&,&)'
& )%! @
+##,!Y' )*' + )%! N% 3)'- !1 E'/,3&,2 ;D0 DH;9
0T;
F' !""' 4&)%! L
I*&) )*' \[!&,4 !1 .%,' )!,- &##,!Y' )*' & )%! "% 3)'- !1 E'/,3&,2 ;D0
DH;9@
N% 3)'-
JJ<HQNBLJG9
. +! ' Y $%"(V '!(+ $"*+'+ :*+"
. +! '-* +!'*3'!(+ $"*+'+ :*+".
. +! ' !W*%+ # "
A'K) ,'53$&, "'')% 5L I3'-4&20 N&, * ;D0 DH;90 &) :LGH MN0 1!, & 6$!-'4 W'--%! 0 (%)* ,'53$&, -'--%!
!""' % 5 &) ZLHH MN0 6%)2 6!3 %$ 6*&"/',-0 >;HHH N&% W),'')0 I'"' 3$&0 6&$%1!, %&@
:<CB'8
$@J='$>ELH@D CBLF<3BO?E<?='452'4106
" # $%& ',*%.( ' %",*+(")'7' *'# "(
" # $%& ':%-&($'3( $( ' %",*+(")'7' *'# "(
+ $* V '" # $%& '$(")'$*% $(&
W*( "'# "( '*3'", '$(")'$*% $(&' !'", '" # $%& '$*##% (")'
. +V($ .'!(."+($"
W*( "'# "( ':%-&($'$*## ".
+ )!)&$ !1 GH "% 3)'- %- #,!Y%4'4 1!, "'"/',- !1 )*' #3/$% )! &44,'-- )*' 6%)2 6!3 %$g\[!&,4 !1
.%,' )!,- ! %)'"- )*&) &##'&, ! )*' 6! -' ) 6&$' 4&, !, & "&))', !) $%-)'4 ! )*' &5' 4&@ Q& *
-#'&7', %- $%"%)'4 )! )*,'' "% 3)'-@ 1 )*' -#'&7', *!!-'- )! &44,'-- )*' 6!3 %$g\[!&,4 ! & %)'" $%-)'4
! )*' 6! -' ) 6&$' 4&, !, & "&))', !) $%-)'4 ! )*' &5' 4&0 & F'O3'-) )! W#'&7 1!," "&2 /' 1%$$'4 !3)
& 4 1%$'4 (%)* )*' 6%)2 6$',7 #,%!, )! )*' 6!3 %$g\[!&,4 &44,'--% 5 M3/$% 6!""' )- & 4 )*' 6! -' )
6&$' 4&,@ P ' )*' -#'&7', %- &$$'4 )! -#'&70 #$'&-' !"' 1!,(&,4@ E!, &$$ M3/$% S'&,% 5 !, \[3-% '--
%)'"- ! )*' &5' 4&0 & F'O3'-) )! W#'&7 1!," "&2 /' 1%$'4 (%)* )*' 6%)2 6$',7 #,%!, )! )*'
6!3 %$g\[!&,4 &44,'--% 5 )*&) %)'"@ P )*!-' %)'"-0 '& * -#'&7', %- $%"%)'4 )! 1%Y' "% 3)'-@
$* . "'$ & ! +
+$$ "&))',- $%-)'4 3 4', 6! -' ) 6&$' 4&, &,' ! -%4','4 )! /' ,!3)% ' & 4 &$$ (%$$ /' ' & )'4 /2 ! '
,!$$ &$$ Y!)'@ I*',' (%$$ /' ! 4%- 3--%! !1 )*'-' %)'"- 3 $'-- "'"/',- !1 )*' 6%)2 6!3 %$g\[!&,4 !1
.%,' )!,- ,'O3'-) -#' %1% %)'"- /' ,'"!Y'4 1,!" )*' 6! -' ) 6&$' 4&, 1!, -'#&,&)' & )%! @
+##,!Y' E%- &$ \\'&, DH;B?;9 N%4?\\'&, \[345') +4c3-)"' )-
05;
F' !""' 4&)%! L
I*&) )*' 6%)2 6!3 %$gI6W. \[!&,4 !1 .%,' )!,- &4!#) )*' 1!$$!(% 5
,'-!$3)%! - ' )%)$'4L
FQWPTVI PA AP@ ;9?
+ FQWPTVI PA PE ISQ 6 I\\ 6PVA6 T PE ISQ 6 I\\ PE
IQNQ6VT+0 +NQA. AU ISQ E W6+T \\Q+F DH;B?;9 +AAV+T
PMQF+I AU \[V.UQI
FQWPTVI PA AP@ 6W. ;9?
+ FQWPTVI PA PE ISQ \[P+F. PE . FQ6IPFW PE ISQ
IQNQ6VT+ 6PNNVA I\\ WQFe 6QW . WIF 6I PE ISQ 6 I\\ PE
IQNQ6VT+ +NQA. AU ISQ E W6+T \\Q+F DH;B?;9 +AAV+T
PMQF+I AU \[V.UQIW
FQWPTVI PA AP@ ;9?
+ FQWPTVI PA PE ISQ 6 I\\ 6PVA6 T PE ISQ 6 I\\ PE
IQNQ6VT+ +NQA. AU ISQ 6+M I+T NMFPeQNQAI
:<CB'U
$@J='$>ELH@D CBLF<3BO?E<?='452'4106
MFPUF+N E W6+T \\Q+FW DH;9?DG +A. +NQA. AU ISQ
6+M I+T NMFPeQNQAI \[V.UQI EPF E W6+T \\Q+F DH;B?;9
+5' 4& F'#!,)
JJ<HQNBLJG9
F'-!$3)%! ? 6%)2
QK*%/%)- ? 6%)2 F'-!$3)%!
F'-!$3)%! ? I6W.
QK*%/%) ? I6W. F'-!$3)%!
F'-!$3)%! ? 6 M
QK*%/%) ? 6 M F'-!$3)%!
-%.( ..
F' '%Y' & 4 E%$' M,'-' )&)%! 1,!" F!5', +$1&,! !1 e&Y,% '70 I,% '0 .&2 h 6!@0 TTM@
08;
F'5&,4% 5 )*' + 3&$ 6+EF F'#!,)
F' !""' 4&)%! L
I*&) )*' 6%)2 6!3 %$ ,' '%Y' & 4 1%$' )*' 6%)2^- 6!"#,'*' -%Y' + 3&$
E% & %&$ F'#!,) 86+EF< &- !1 i3 ' GH0 DH;B@
+5' 4& F'#!,)
JJ<HQNBLJG9
6!"#,'*' -%Y' + 3&$ E% & %&$ F'#!,)
W*( "'# "( ' !W*%+ # "
W*( "'# "( '*3'", '$(")'$*% $(&' !':%-&($'"+ 33($'. 3 ")'
$*##(..(*
-%.( ..
6! 43 ) + 3&$ i!% ) N'')% 5 \[')('' )*' 6%)2 6!3 %$ & 4 )*' M3/$% gI,&11% W&1')2
0U;
6!""%--%!
F' !""' 4&)%! L
I*&) )*' 6%)2 6!3 %$ ! 43 ) )*' & 3&$ c!% ) "'')% 5 /')('' )*' 6%)2
6!3 %$ & 4 )*' M3/$% gI,&11% W&1')2 6!""%--%! @
+5' 4& F'#!,)
JJ<HQNBLJG9
W*( "'# "( ' !W*%+ # "
+ $* V '" # $%& '$(")'$*% $(&
! : +"# " &'+ :*+".
6!""3 %)2 .'Y'$!#"' ) .'#&,)"' ) N! )*$2 F'#!,)
06;
+5' 4& F'#!,)
JJ<HQNBLJG9
+ )%Y%)2 F'#!,)
W)&)%-)% -
6*&,)-
:<CB'6
$@J='$>ELH@D CBLF<3BO?E<?='452'4106
E%,' .'#&,)"' ) N! )*$2 F'#!,)
41;
+5' 4& F'#!,)
JJ<HQNBLJG9
i& 3&,2 F'#!,)
M!$% ' .'#&,)"' ) N! )*$2 F'#!,)
40;
+5' 4& F'#!,)
JJ<HQNBLJG9
M3/$% R!,7- .'#&,)"' ) N! )*$2 F'#!,)
44;
+5' 4& F'#!,)
JJ<HQNBLJG9
M,!c' ) W)&)3- F'#!,)
$*##(..(* '+ :*+".
:%-&($'. 3 ")'+ :*+"
$(")'# +'+ :*+"
$(")' ""*+ )'+ :*+"
!W*%+ # "
A'K) ,'53$&, "'')% 5L I3'-4&20 N&, * ;D0DH;90 &) :LGH MN0 1!, & 6$!-'4 W'--%! 0 (%)* ,'53$&, -'--%!
!""' % 5 &) ZLHH MN0 6%)2 6!3 %$ 6*&"/',-0 >;HHH N&% W),'')0 I'"' 3$&0 6&$%1!, %&@
*"($ '"*'", ':%-&($
I*' 13$$ &5' 4& #& 7') 8% $34% 5 -)&11 ,'#!,)-0 #3/$% $!-'4 -'--%! % 1!,"&)%! 0 & 4 & 2 -3##$'"' )&$ "&)',%&$ &Y&%$&/$'
&1)', )*' !,%5% &$ #!-)% 5 !1 )*' &5' 4&<0 4%-),%/3)'4 )! & "&c!,%)2 !1 )*' 6%)2 6!3 %$ ,'5&,4% 5 & 2 %)'" ! )*' &5' 4&0 (%$$
/' &Y&%$&/$' 1!, #3/$% Y%'(% 5 % )*' "&% ,' '#)%! &,'& !1 )*' I'"' 3$& 6%Y% 6' )', 43,% 5 !,"&$ /3-% '-- *!3,-@ I*'
"&)',%&$ (%$$ &$-! /' &Y&%$&/$' ! )*' 6%)2_- ('/-%)' &) I'"' 3$&6&@5!Y@ & 4 &Y&%$&/$' 1!, ,'Y%'( &) )*' ,'-#' )%Y' "'')% 5@ 1
2!3 *&Y' O3'-)%! - ,'5&,4% 5 & 2 %)'" ! )*' &5' 4&0 #$'&-' ! )& ) )*' 6%)2 6$',7^- .'#&,)"' ) &) 89:;< =9>?=>>>@
:<CB'01
CITY COUNCIL -
CONSENT
ITEM NO . 1
CITY OF TEMECULA
AGENDA REPORT
City Manager/City Council
TO:
Randi Johl, Director of Legislative Affairs/City Clerk
FROM:
February 26, 2019
DATE:
Waive Reading of Standard Ordinances and Resolutions
SUBJECT:
PREPARED BY:Randi Johl, Director of Legislative Affairs/City Clerk
RECOMMENDATION:That the City Council waive the reading of the text of all standard
ordinances and resolutions included in the agenda except as specifically required by the
Government Code.
BACKGROUND:The City of Temecula is a general law city formed under the laws of
the State of California. With respect to adoption of ordinances and resolutions, the City adheres to
the requirements set forth in the Government Code. Unless otherwise required, the full reading of
the text of standard ordinances and resolutions is waived.
FISCAL IMPACT:None
ATTACHMENTS:None
ITEM NO . 2
ACTION MINUTES
TEMECULA CITY COUNCIL
REGULAR MEETING
COUNCIL CHAMBERS
41000 MAIN STREET
TEMECULA, CALIFORNIA
FEBRUARY 12, 2019
CLOSED SESSION -6:00 P.M.
1. CONFERENCE WITH LEGAL COUNSEL—PENDING LITIGATION. The City Council will meet
in closedsession with the City Attorney pursuant to Government Code Section 54956.9(d)(1) with
respect to one matter of pending litigation: City of Temecula v. Nature Works, Inc., et al., Riverside
County Superior Court Case No. MCC 1700830.
2. CONFERENCE WITH REAL PROPERTY NEGOTIATORS. The City Council will meet in closed
session pursuant to Government Code Section 54956.8 regarding the potential sale of real property
owned by the City located on the east side of Pujol Street approximately 75 feet north of Main Street
(APNs: 922-053-021 and 922-053-048). The parties to the negotiations for the potential sale of the
property are: Pacific West Communities and the City of Temecula. Negotiators for the City of Temecula
are: Aaron Adams, Greg Butler, Luke Watson and Peter Thorson. Under negotiation are price and terms
of the potential sale of the properties.
CALL TO ORDERat 7:02 PM: Mayor Mike Naggar
Prelude Music: Ally Negulescu
Invocation: Aaron Adams
Flag Salute: Mayor Pro Tempore James "Stew" Stewart
ROLL CALL: Edwards, Rahn, Schwank, Stewart, Naggar
PRESENTATIONS/PROCLAMATIONS
Presentation of Certificates of Achievement to Nathaniel J. Loper, Michael May and Neil A. Wigand of
Troop 384 for Attaining Eagle Scout Rank
PUBLIC COMMENTS
The following individuals addressed the City Council on non-agendized items:
• Stacy Kraus• Cherrian Angela Chin
• Juanita Koth• TES Student Council
• Ms. Miller
CITY COUNCIL REPORTS
1
CONSENT CALENDAR
Unless otherwise indicated below, the following pertains to all items on the Consent Calendar.
Approved the Staff Recommendation (5-0): Motion by Edwards, Second by Schwank. The electronic
vote reflected unanimous approval with Council Member Stewart abstaining on Item No. 15.
1.Waive Reading of Standard Ordinances and Resolutions
Recommendation:That the City Council waive the reading of the text of all standard
ordinances and resolutions included in the agenda except as specifically
required by the Government Code.
2.Approve the Action Minutes of January 22, 2019
Recommendation:That the City Council approve the Action Minutes of January 22, 2019.
3.Adopt Ordinance 19-01 Amending the Western Riverside Transportation Uniform Mitigation
Fee Program to Include a Process for Western Riverside Council of Governments to Calculate
and Collect Fees on Behalf of the City of Temecula (Second Reading)
Recommendation:That the City Council adopt an ordinance entitled:
ORDINANCE NO. 19-01
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
TEMECULA AMENDING CHAPTER 15.08 OF THE TEMECULA
MUNICIPAL CODE TO INCLUDE A PROCESS FOR WESTERN
RIVERSIDE COUNCIL OF GOVERNMENTS’ CALCULATION AND
COLLECTION OF FEES UNDER THE WESTERN RIVERSIDE
COUNTY TRANSPORTATION UNIFORM MITIGATION FEE
(TUMF) PROGRAM, AND DETERMINING THAT THE ORDINANCE
IS EXEMPT FROM FURTHER ENVIRONMENTAL REVIEW UNDER
SECTION 15378(B)(4) OF THE CEQA GUIDELINES
4.Approve the List of Demands
Recommendation:That the City Council adopt a resolution entitled:
RESOLUTION NO. 19-05
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TEMECULA ALLOWING CERTAIN CLAIMS AND DEMANDS AS
SET FORTH IN EXHIBIT A
5.Approve the City Treasurer’s Report as of December 31, 2018
Recommendation:That the City Council approve and file the City Treasurer’s Report as of
December 31, 2018.
6.Approve Financial Statements for the 1st Quarter Ended September 30, 2018
2
Recommendation:That the City Council receive and file the Financial Statements for the 1st
Quarter Ended September 30, 2018.
7.Approve a Memorandum of Understanding with the Foundation for Senior Care for
Transportation and Parking Lot Services at the Mary PhillipsSenior Center
Recommendation:That the City Council approve the Memorandum of Understanding with
the Foundation for Senior Care for transportation services provided by the
foundation utilizing the Mary Phillips Senior Center (MPSC) parking lot.
8.Approve a Cooperative Agreement with Nonprofit Senior Golden Years in Support of Various
Senior Services Activities
Recommendation:That the City Council approve the Cooperative Agreement with nonprofit
Senior Golden Years in support of various senior services activities.
9.Approve a Cooperative Agreement with the Heart of Temecula LEO Club in Support of Facility
Use (Ronald H. Roberts Temecula Public Library)
Recommendation:That the City Council approve the Cooperative Agreement with the Heart
of Temecula LEO Club in support of facility use (Ronald H. Roberts
Temecula Public Library).
10.Approve the First Amendment to the Office Lease Between the City of Temecula and Temecula
Valley Convention & Visitors Bureau dba Visit Temecula Valley
Recommendation:That the City Council approve the First Amendment to the Office Lease
between the City of Temecula and Temecula Valley Convention and
Visitors Bureau dba Visit Temecula Valley and appropriate $50,000 from
the Measure S Fund.
11.Approve the First Amendment to the Agreement for Consultant Services with T.Y. Lin
International for the French Valley Parkway/I-15 Improvements -Phase II, PW16-01
Recommendation:That the City Council approve the First Amendment to the Agreement for
Consultant Services with T.Y. Lin International, in the amount of
$54,760, for the French Valley Parkway/I-15 Improvements -Phase II,
PW16-01.
12.Approve the Fifth Amendment to the Agreement with California Watershed Engineering
Corporation (CWE) for the Flood Control Channel Reconstruction and Repair (Pala Community
Park), PW11-10
Recommendation:That the City Council approve the Fifth Amendment to the Agreement
with California Watershed Engineering Corporation (CWE), in the
amount of $89,132, for additional environmental work associated with
addressing bank erosion adjacent to Pala Community Park.
13.Approve the Plans and Specifications for the Installation of Public Art for the Roundabout
Improvements on Ynez Road, PW 18-06
3
Recommendation:That the City Council:
1. Approve the plans and specifications for the installation of public art
for the Roundabout Improvements on Ynez Road, PW18-06;
2. Approve an appropriation of $25,000 from the Public Art fund to the
Roundabout Improvements on Ynez Road, PW18-06;
3. Approve a transfer of $100,000 from the Overland Drive Extension,
PW16-06 to the Roundabout Improvements on Ynez Road, PW18-06;
4. Approve an increase to the contract contingency with Hillcrest
Contracting, Inc., the contractor for the Roundabout Improvements on
Ynez Road Project, PW18-06, in the amount of $100,000 and increase the
authority of the City Manager to approve change orders by the same
amount.
14.Approve the Plans and Specifications and Authorize the Solicitation of ConstructionBids for the
Citywide Concrete Repairs FY 2017-18, PW18-07
Recommendation:That the City Council:
1. Approve the plans and specifications, and authorize the Department of
Public Works to solicit construction bids for the Citywide Concrete
Repairs FY 2017-18, PW18-07;
2. Make a finding that this project is exempt from CEQA per Article 19,
Categorical Exemption, Section 15301, Existing Facilities, of the CEQA
Guidelines.
15.Approve Specifications and Authorize Solicitation of Construction Bids for the Pavement
Rehabilitation Program -Citywide, Meadowview Loop, Project PW 18-10
Recommendation:That the City Council approve the specifications and authorize the
Department of Public Works to solicit construction bids for the Pavement
Rehabilitation Program -Citywide, Meadowview Loop, Project Number
PW18-10.
16.Accept Improvements and File the Notice of Completion for FY18/19 Citywide Slurry Program,
PW18-09
Recommendation:That the City Council:
1. Accept the improvements for the FY18/19 Citywide Slurry Program,
PW18-09;
2. Direct the City Clerk to file and record the Notice of Completion,
release the Performance Bond, and accept a one-year Maintenance Bond
in the amount of 10% of the final contract amount;
4
3. Release the Labor and Materials Bond seven months after filing the
Notice of Completion, if no liens have been filed.
17.Receive and File Temporary Street Closures for 2019 Springfest Events
Recommendation:That the City Council receive and file the following proposed action by
the City Manager to temporarily close certain streets for the following
2019 Springfest events:
TEMECULA ROD RUN, TASTE OF TEMECULA, REALITY RALLY,
A TRIBUTE TO HEROES
RECESS:
At 7:41PM, the City Council recessed and convened as the Temecula Community Services District
Meeting, the Successor Agency of the Temecula Redevelopment Agency Meeting and Temecula Public
Financing Authority. At 7:45PM, the City Council resumed with the remainder of the City Council
Agenda.
RECONVENE TEMECULA CITY COUNCIL
BUSINESS
23.Approve Nominees Jack and Linda Williams for Placement on the Wall of Honor (At the
Request of Mayor Naggar)
Recommendation:That the City Council approve nominees Jack and Linda Williams for
placement on the Wall of Honor (at the request of Mayor Naggar).
Approved the Staff Recommendation (5-0): Motionby Edwards, Second by Stewart. The
electronic vote reflected unanimous approval.
24.Approve Nominee Robert Morris for Placement on the Wall of Honor (At the Request of Mayor
Naggar)
Recommendation:That the City Council approve nominee Robert Morris for placement on
the Wall of Honor (at the request of Mayor Naggar).
Approved the Staff Recommendation (5-0): Motionby Edwards, Second by Rahn. The electronic
vote reflected unanimous approval.
JOINT MEETING OF THE CITY COUNCIL, PLANNING COMMISSION AND OLD TOWN
LOCAL REVIEW BOARD
25.Conduct Annual Joint Meeting Between the City Council and the Planning Commission
Recommendation:That the City Council conduct the annual joint meeting between the City
Council and the Planning Commission.
This item was receive and file only.
5
26.Conduct Annual Joint Meeting Between the City Council and the Old Town Local Review
Board
Recommendation:That the City Council conduct the annual joint meeting between the City
Council and the Old Town Local Review Board.
This item was receive and file only.
JOINT MEETING ADJOURNMENT
RECONVENE TEMECULA CITY COUNCIL
DEPARTMENTAL REPORTS
COMMISSION REPORTS
PUBLIC SAFETY REPORT
CITY MANAGER REPORT
CITY ATTORNEY REPORT
The City Attorney stated there was no reportable action for closed session.
ADJOURNMENT
At 8:31 PM, the City Council meeting was formally adjourned in memory of Ron Robertsto Tuesday,
February 26, 2019, at 5:30 PM for Closed Session, with regular session commencing at 7:00 PM, City
Council Chambers, 41000 Main Street, Temecula, California.
_______________________________
Michael S. Naggar, Mayor
ATTEST:
_______________________________
Randi Johl, City Clerk
\[SEAL\]
6
ITEM NO . 3
CITY OF TEMECULA
AGENDA REPORT
City Manager/City Council
TO:
Jennifer Hennessy, Director of Finance
FROM:
February 26, 2019
DATE:
Approve the List of Demands
SUBJECT:
PREPARED BY:Pascale Brown, Fiscal Services Manager
Jada Shafe, Accounting Technician II
RECOMMENDATION:That the City Council adopt a resolution entitled:
RESOLUTION NO. 19-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF TEMECULAALLOWING CERTAIN CLAIMS AND
DEMANDS AS SET FORTH IN EXHIBIT A
BACKGROUND:All claims and demands are reported and summarized for review
and approval by the City Council on a routine basis at each City Council meeting. The attached
claims represent the paid claims and demands since the last City Council meeting.
FISCAL IMPACT:All claims and demands were paid from appropriated funds or
authorized resources of the City and have been recorded in accordance with the City’s policies
and procedures.
ATTACHMENTS:1.Resolution
2.List of Demands
RESOLUTIONNO. 19-
A RESOLUTIONOF THE CITY COUNCILOF THE CITY
OF TEMECULA ALLOWING CERTAIN CLAIMS AND
DEMANDS AS SET FORTHIN EXHIBIT A
THE CITY COUNCIL OF THE CITY OF TEMECULADOES HEREBY RESOLVEAS
FOLLOWS:
Section 1.That the following claims and demands as set forth in Exhibit A, on file in
the office of the City Clerk, has been reviewed by the City Manager’s Office and that the same are
hereby allowed in the amount of $5,583,225.30.
Section 2.The City Clerk shall certify the adoption of this resolution.
PASSED, APPROVED, AND ADOPTEDby the City Council of the City of Temecula
th
this26dayofFebruary,2019.
Michael S. Naggar, Mayor
ATTEST:
Randi Johl, City Clerk
\[SEAL\]
STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE) ss
CITY OF TEMECULA)
I, Randi Johl, City Clerk of the City of Temecula, do hereby certify that the foregoing
ResolutionNo. 19-was duly and regularly adopted by the City Council of the City of Temecula
th
at a meetingthereof held on the 26day of February, 2019, by the following vote:
AYES:COUNCILMEMBERS:
NOES:COUNCILMEMBERS:
ABSTAIN:COUNCILMEMBERS:
ABSENT:COUNCILMEMBERS:
Randi Johl, City Clerk
CITY OF TEMECULA
LIST OF DEMANDS
01/31/2019TOTAL CHECK RUN:$ 2,959,907.29
02/07/2019TOTAL CHECK RUN: 2,092,148.13
02/07/2019TOTAL PAYROLL RUN:531,169.88
$ 5,583,225.30
TOTAL LIST OF DEMANDS FOR 02/26/2019 COUNCIL MEETING:
DISBURSEMENTS BY FUND:
CHECKS:
CITY OF TEMECULA
LIST OF DEMANDS
001GENERAL FUND$3,011,565.19
125PEG PUBLIC EDUCATION & GOVERNMENT5,257.27
140COMMUNITY DEV BLOCK GRANT6,996.20
165AFFORDABLE HOUSING4,440.93
170MEASURE A FUND310,171.06
190TEMECULA COMMUNITY SERVICES DISTRICT207,113.04
192TCSD SERVICE LEVEL B STREET LIGHTS74,494.86
194TCSD SERVICE LEVEL D REFUSE RECYCLING1,339.93
196TCSD SERVICE LEVEL "L" LAKE PARK MAINT.20,423.74
197TEMECULA LIBRARY FUND9,875.19
210CAPITAL IMPROVEMENT PROJECTS FUND1,031,712.80
300INSURANCE FUND2,482.58
305WORKERS' COMPENSATION576.48
310VEHICLE AND EQUIPMENT FUND120,920.93
320INFORMATION TECHNOLOGY69,237.99
330CENTRAL SERVICES10,420.92
340FACILITIES26,569.07
350FACILITY REPLACEMENT FUND51,500.00
380SARDA DEBT SERVICE FUND3,940.00
472CFD 01-2 HARVESTON A&B DEBT SERVICE106.62
473CFD 03-1 CROWNE HILL DEBT SERVICE FUND106.69
474AD03-4 JOHN WARNER ROAD DEBT SERVICE106.62
475CFD03-3 WOLF CREEK DEBT SERVICE FUND106.62
476CFD 03-6 HARVESTON 2 DEBT SERVICE FUND106.62
477CFD 03-02 RORIPAUGH DEBT SERVICE FUND106.62
478CFD 16-01 RORIPAUGH PHASE II237.20
501SERVICE LEVEL"C"ZONE 1 SADDLEWOOD2,359.16
502SERVICE LEVEL"C"ZONE 2 WINCHESTER CREEK2,135.59
503SERVICE LEVEL"C"ZONE 3 RANCHO HIGHLANDS1,955.40
504SERVICE LEVEL"C"ZONE 4 THE VINEYARDS344.38
505SERVICE LEVEL"C"ZONE 5 SIGNET SERIES2,126.02
506SERVICE LEVEL"C"ZONE 6 WOODCREST COUNTRY1,104.86
507SERVICE LEVEL"C"ZONE 7 RIDGEVIEW726.04
508SERVICE LEVEL"C"ZONE 8 VILLAGE GROVE7,151.38
509SERVICE LEVEL"C"ZONE 9 RANCHO SOLANA151.96
510SERVICE LEVEL"C"ZONE 10 MARTINIQUE468.40
511SERVICE LEVEL"C"ZONE 11 MEADOWVIEW97.43
512SERVICE LEVEL"C"ZONE 12 VINTAGE HILLS4,307.67
513SERVICE LEVEL"C"ZONE 13 PRESLEY DEVELOP.1,821.02
514SERVICE LEVEL"C"ZONE 14 MORRISON HOMES708.70
515SERVICE LEVEL"C"ZONE 15 BARCLAY ESTATES538.42
516SERVICE LEVEL"C"ZONE 16 TRADEWINDS1,146.58
517SERVICE LEVEL"C"ZONE 17 MONTE VISTA104.74
518SERVICE LEVEL"C"ZONE 18 TEMEKU HILLS4,987.69
519SERVICE LEVEL"C"ZONE 19 CHANTEMAR2,486.31
520SERVICE LEVEL"C"ZONE 20 CROWNE HILL6,979.57
521SERVICE LEVEL"C"ZONE 21 VAIL RANCH11,382.21
522SERVICE LEVEL"C"ZONE 22 SUTTON PLACE188.35
523SERVICE LEVEL"C"ZONE 23 PHEASENT RUN286.45
524SERVICE LEVEL"C"ZONE 24 HARVESTON7,229.79
525SERVICE LEVEL"C"ZONE 25 SERENA HILLS2,058.73
526SERVICE LEVEL"C"ZONE 26 GALLERYTRADITION96.79
527SERVICE LEVEL"C"ZONE 27 AVONDALE325.89
528SERVICE LEVEL"C"ZONE 28 WOLF CREEK8,796.39
529SERVICE LEVEL"C"ZONE 29 GALLERY PORTRAIT146.33
700CERBT CALIFORNIA EE RETIREE-GASB459,928.00
$ 5,052,055.42
CITY OF TEMECULA
LIST OF DEMANDS
001GENERAL FUND$290,596.13
140COMMUNITY DEV BLOCK GRANT646.08
165AFFORDABLE HOUSING4,710.77
190TEMECULA COMMUNITY SERVICES DISTRICT127,276.52
192TCSD SERVICE LEVEL B STREET LIGHTS436.91
194TCSD SERVICE LEVEL D REFUSE RECYCLING1,324.60
196TCSD SERVICE LEVEL "L" LAKE PARK MAINT.217.75
197TEMECULA LIBRARY FUND1,875.40
300INSURANCE FUND691.62
305WORKERS' COMPENSATION691.68
320INFORMATION TECHNOLOGY32,358.00
330CENTRAL SERVICES2,991.84
340FACILITIES7,361.10
472CFD 01-2 HARVESTON A&B DEBT SERVICE99.58
473CFD 03-1 CROWNE HILL DEBT SERVICE FUND99.55
474AD03-4 JOHN WARNER ROAD DEBT SERVICE99.58
475CFD03-3 WOLF CREEK DEBT SERVICE FUND99.58
476CFD 03-6 HARVESTON 2 DEBT SERVICE FUND99.58
477CFD 03-02 RORIPAUGH DEBT SERVICE FUND99.58
478CFD 16-01 RORIPAUGH PHASE II224.20
501SERVICE LEVEL"C"ZONE 1 SADDLEWOOD1.74
502SERVICE LEVEL"C"ZONE 2 WINCHESTER CREEK20.42
503SERVICE LEVEL"C"ZONE 3 RANCHO HIGHLANDS17.43
504SERVICE LEVEL"C"ZONE 4 THE VINEYARDS2.39
505SERVICE LEVEL"C"ZONE 5 SIGNET SERIES20.53
506SERVICE LEVEL"C"ZONE 6 WOODCREST COUNTRY8.54
507SERVICE LEVEL"C"ZONE 7 RIDGEVIEW6.65
508SERVICE LEVEL"C"ZONE 8 VILLAGE GROVE44.30
509SERVICE LEVEL"C"ZONE 9 RANCHO SOLANA1.93
510SERVICE LEVEL"C"ZONE 10 MARTINIQUE4.75
511SERVICE LEVEL"C"ZONE 11 MEADOWVIEW2.07
512SERVICE LEVEL"C"ZONE 12 VINTAGE HILLS49.54
513SERVICE LEVEL"C"ZONE 13 PRESLEY DEVELOP.10.12
514SERVICE LEVEL"C"ZONE 14 MORRISON HOMES4.42
515SERVICE LEVEL"C"ZONE 15 BARCLAY ESTATES4.31
516SERVICE LEVEL"C"ZONE 16 TRADEWINDS10.69
517SERVICE LEVEL"C"ZONE 17 MONTE VISTA0.43
518SERVICE LEVEL"C"ZONE 18 TEMEKU HILLS48.46
519SERVICE LEVEL"C"ZONE 19 CHANTEMAR24.77
520SERVICE LEVEL"C"ZONE 20 CROWNE HILL56.27
521SERVICE LEVEL"C"ZONE 21 VAIL RANCH103.37
522SERVICE LEVEL"C"ZONE 22 SUTTON PLACE2.22
523SERVICE LEVEL"C"ZONE 23 PHEASENT RUN4.31
524SERVICE LEVEL"C"ZONE 24 HARVESTON105.76
525SERVICE LEVEL"C"ZONE 25 SERENA HILLS23.49
526SERVICE LEVEL"C"ZONE 26 GALLERYTRADITION1.86
527SERVICE LEVEL"C"ZONE 27 AVONDALE4.38
528SERVICE LEVEL"C"ZONE 28 WOLF CREEK144.06
529SERVICE LEVEL"C"ZONE 29 GALLERY PORTRAIT2.22
700CERBT CALIFORNIA EE RETIREE-GASB4558,438.40
531,169.88
TOTAL BY FUND:$ 5,583,225.30
9;#$')+,1*<9=
#$%&'()*+,89:%6
! " !6 67"83#-./(01(.232#4)5
>9<'(6((?<*@<(4A-0A(>5AB
#$%&'(HE9,%G%<D@FE%+&F*;,*@<5C@?<,(89*D#$%&'(.@,9=
$'!#(&5&%5!(&)((($#.,/ 0123 2,/4 !"#$"%!&"&!'( %&)$$ %*+ ,* &$-.% &$-.%
$'!%(&5&%5!(&)((($#.,/ 0123 2,/4 !"#&"(#&"!$)( !6#(& 704 +/ 01 !(-$( !(-$(
$'!$(&5&%5!(&)((($#.,/ 0123 2,/4 !"#'"&!!".6!( #&... 8/7*/10 !$-6# !$-6#
7
$'!'(&5&%5!(&)((($#.,/ 0123 2,/4 !"!$"#$("$&&) %$'(! 7 +09: !6-## !6-##
8:9;
$'!.(&5&%5!(&)((($#.,/ 0123 2,/4 !"#&")#'"#$&& %'%66 8 +04<0 $(-#! $(-#!
8:9;
$'!6(&5&%5!(&)((($#.,/ 0123 2,/4 !"#)".#."&('# %!('& =024 ,* .!-.6 .!-.6
$'!)(&5&%5!(&)((($#.,/ 0123 2,/4 !"!)"%.)"!)6& #&%$% * = >10 )(-!& )(-!&
8:9;
$'#((&5&%5!(&)((($#.,/ 0123 2,/4 !"%("#6("!%!% %(.$( )'-!$ )'-!$
?>** 732 1 ,*<
$'#&(&5&%5!(&)((($#.,/ 0123 2,/4 !"#'"$#&".)&' %%!($ =024 ,* &!.-6# &!.-6#
$'#!(&5&%5!(&)((($#.,/ 0123 2,/4 !"!)"'$."!$'# %!)(! !((-6. !((-6.
?>** 732 1 ,*<
$'##(&5&%5!(&)((($#.,/ 0123 2,/4 !"!)"%$6".$%6 #!((( 704 +/ 01 !'$-#$ !'$-#$
$'#%(&5&%5!(&)((($#.,/ 0123 2,/4 !"!."$'("('!$ #!#6( !@).(-(( !@).(-((
7+/11/9 90;
$'#$(&5&%5!(&)((($#.,/ 0123 2,/4 !"!."6($"#&)% %!($& =024 ,* #@$#$-&' #@$#$-&'
$'#'(&5&$5!(&)((($#.,/ 0123 2,/4 !"#("(''"!66) #(($& 704 +/ !$-)6 !$-)6
A2,*0 7
$'#.(&5&$5!(&)((($#.,/ 0123 2,/4 !"%(".'$"#(!& !6)&' 8>B/1 ,* %.-.% %.-.%
$'#6(&5&$5!(&)((($#.,/ 0123 2,/4 !"%(".'$"#&.) !6)!! 8>B/1 ,* 6%-') 6%-')
$'#)(&5&$5!(&)((($#.,/ 0123 2,/4 !"&("##&"!&$# !66&' 8>B/1 ,* '.6-$) '.6-$)
8CDEF&
9;#$')+,1*<9=#$%&'()*+,89:%6!
! " !6 67"83#-./(01(.232#4)5
G HIJKILEMN
>9<'(6((?<*@<(4A-0A(>5AB
#$%&'(HE9,%G%<D@FE%+&F*;,*@<5C@?<,(89*D#$%&'(.@,9=
$'%((&5&$5!(&)((($#.,/ 0123 2,/4 !"!(".)6"#!%6 %!(6& =024 ,* &@()%-6' &@()%-6'
$'%&(&5&$5!(&)((($#.,/ 0123 2,/4 !"(!"#$&"$!6& #(6.$ 704 +/ %@.6#-&$ %@.6#-&$
A2,*0
$'%!(&5&$5!(&)((($#.,/ 0123 2,/4 !"($".)&"66(. #&$6. * = >10 )@#6)-%) )@#6)-%)
8:9;
$'%#(&5&(5!(&)((&!&!,/ 0123 <0, /=804; ()$"&'.".)(."! #('$( 80>?0 7 !'.-(( !'.-((
$'%%(&5&%5!(&)((&!&!,/ 0123 <0, /=804; &(&"$!$"&$'("' !.%&$ %&#-.! %&#-.!
4* 7872, 27
$'%$(&5&$5!(&)((&!&!,/ 0123 <0, /=804; &##"(%(".#.#"( %#!&( ?>, 807: &.-)) &.-))
7
$'%'(&5&$5!(&)((&!&!,/ 0123 <0, /=804; (!6"(!$"&%'6"# %&#.$ = 0? * %)-(% %)-(%
$'%.(&5&$5!(&)((&!&!,/ 0123 <0, /=804; ('("!)#"##&$". !6)!! 8>B/1 ,* '&-6) '&-6)
$'%6(&5&$5!(&)((&!&!,/ 0123 <0, /=804; &(&"$!$"()$("( !66&' 8>B/1 ,* &($-.6 &($-.6
$'%)(&5&$5!(&)((&!&!,/ 0123 <0, /=804; ()6"!$$")6!6"6 !)&&) =07<072*0 &&.-%( &&.-%(
7
$'$((&5&$5!(&)((&!&!,/ 0123 <0, /=804; &6&"#6#"666&"' !6#&% = 7 , !(%-!. !(%-!.
,*
$'$&(&5&$5!(&)((&!&!,/ 0123 <0, /=804; &!)"$6!").6%"!"# %#!#( ?>, 807: !!&-%( !!&-%(
7
$'$!(&5&$5!(&)((&!&!,/ 0123 <0, /=804; &&."&66"'#)#"' #!&#& , 1//8 7 !#)-%' !#)-%'
$'$#(&5&$5!(&)((&!&!,/ 0123 <0, /=804; &)'"(!$"(#%%"# %!(6& =024 ,* !$%-&% !$%-&%
$'$%(&5&$5!(&)((&!&!,/ 0123 <0, /=804; (!&".!$"(..$"% %&6%$ '*+ ,* #&)-!. #&)-!.
$'$$(&5&$5!(&)((&!&!,/ 0123 <0, /=804; (!'"'.&"!)()"6 %!($& =024 ,* #$6-$$ #$6-$$
$'$'(&5&$5!(&)((&!&!,/ 0123 <0, /=804; &!$"!%%"!&(6"# #('(( 80>?0 7 .$%-') .$%-')
8CDEF!
9;#$')+,1*<9=#$%&'()*+,89:%6
! " !6 67"83#-./(01(.232#4)5
G HIJKILEMN
>9<'(6((?<*@<(4A-0A(>5AB
#$%&'(HE9,%G%<D@FE%+&F*;,*@<5C@?<,(89*D#$%&'(.@,9=
$'$.(&5&$5!(&)((&!&!,/ 0123 <0, /=804; &!)"$#$"%!#'". %&((( =024 ,* &@6(#-#) &@6(#-#)
$'$6(&5&$5!(&)((&!&!,/ 0123 <0, /=804; ()&"(!%")#(("$ #(6.$ 704 +/ #@#&6-'& #@#&6-'&
A2,*0
$'$)(&5!#5!(&)((!#)( 0,* 74 =>42 2801 90* 7 90* 7F #!&#& ,/>*+ 1//8 7 %6-'( %6-'(
2,*
$''((&5!#5!(&)((!#)( 0,* 74 =>42 2801 90* 7 90* 7F #)'$' 2 </ 7 )%-$( )%-$(
2,*
$''&(&5!#5!(&)((!#)( 0,* 74 =>42 2801 90* 7 90* 7F #!&#& ,/>*+ 1//8 7 &.)-(! &.)-(!
2,*
$''!(&5(.5!(&)((($#.,/ 0123 2,/4 !"#&"$#'"#!!' !6')( = 7 , &@%.#-%) &@%.#-%)
,*
$''#(&5&65!(&)((($#.,/ 0123 2,/4 !"#("'(6")#6% !6$6! +07A ,*/4 %(&-). %(&-).
7
$''%(&5&65!(&)((($#.,/ 0123 2,/4 !"#'"&.&"$'!' ?>** 732 1 ,*< !%@.#6-!6 !%@.#6-!6
7
$''$(&5&65!(&)((($#.,/ 0123 2,/4 !"(&"!(!".##( A072/>, .%@&!)-$# .%@&!)-$#
1/ 0*2/4,
$'''(&5!!5!(&)((($#.,/ 0123 2,/4 !"!)"!!#")$.& #(#)$ =>772 *0 $#-$% $#-$%
+/*
$''.(&5!!5!(&)((($#.,/ 0123 2,/4 !"##"!#."%6&6 #(%)) 704 +/ 01 )#-&% )#-&%
$''6(&5!!5!(&)((($#.,/ 0123 2,/4 !"#&"%&)"!'$) !'.(' ;4 O 7 -(! -(!
$'')(&5!!5!(&)((($#.,/ 0123 2,/4 !"!)").%".$'6 !')$# ;4 O 7 -!' -!'
$'.((&5!!5!(&)((($#.,/ 0123 2,/4 !"!'"66."(.6) %(!## A2110< 7 &$'-&' &$'-&'
$'.&(&5!!5!(&)((($#.,/ 0123 2,/4 !"!)").%".6)) !')$# ;4 O 7 !.&-!) !.&-!)
$'.!(&5!!5!(&)((($#.,/ 0123 2,/4 !"!6"&.&"!'!( %(6!( #''-(. #''-(.
924 + ,* 7 7
$'.#(&5!!5!(&)((($#.,/ 0123 2,/4 !"#&"')#").6% !'(#' ;4 O 7 #6#-.# #6#-.#
8CDEF#
9;#$')+,1*<9=#$%&'()*+,89:%6I
! " !6 67"83#-./(01(.232#4)5
G HIJKILEMN
>9<'(6((?<*@<(4A-0A(>5AB
#$%&'(HE9,%G%<D@FE%+&F*;,*@<5C@?<,(89*D#$%&'(.@,9=
$'.%(&5!!5!(&)((($#.,/ 0123 2,/4 !"(("#)."$($) ###%( 0=24/ $@6)'-.% $@6)'-.%
82 70
$'.$(&5#&5!(&)((#$.. 0123 ,*0* ?/07 /3@ B04" P&6 ,01 , Q >, *0R &(@&)!-(( &(@&)!-((
S>012O0*2/47 *>74
$'.'(&5!%5!(&)(((!'!704 +/ 0123 90* 7 A072/>, ?211, #((!$.."!)&&) '@#.)-!6 '@#.)-!6
2,*72 *
&)#$$((&5#&5!(&)(&)(.$0 /70=0 24 05A 87/ > *2/4 S>28F8 < %.#-.)
,>8812 ,
05A 87/ > *2/4 S>28F8 < ,>8812 , !#!-&%
05A 87/ > *2/4 S>28F8 < ,>8812 , .%-.&
05A 87/ > *2/4 S>28F8 < ,>8812 , %.%-$%
05A 87/ > *2/4 S>28F8 < ,>8812 , &@6#'-.!
05A 87/ > *2/4 S>28F8 < ,>8812 , %!(-((
05A 87/ > *2/4 S>28F8 < ,>8812 , $$6-#$ %@(.(-!$
&)#$$&(&5#&5!(&)((#)$&011 0= 72 04 0,8+01*0,8+01* ,>8812 ,F89 ,*7 * %!#-66
=024*
89 ,*7 * =024*F 0,8+01* ,>8812 , %.&-%% 6)$-#!
&)#$$!(&5#&5!(&)((%!%(0= 72 04 3/7 4,2 4>7, , 8+1 ?/*/=; ,7A ,F 8/12 &@('(-((
034
8+1 ?/*/=; ,7A ,F 8/12 !$(-(( &@#&(-((
&)#$$#(&5#&5!(&)(&#)$(0S>0 +211 /3 ,04 2 </B04 2A2 4* 7 724:24< 90* 7 !6-!6
=024*
B04 =8, 724:24< 90* 7 =024* #%-.$
B04 2A2 4* 7 724:24< 90* 7 =024* &6#-.&
B04 B7 724:24< 90* 7 =024* !6-!6 !.$-(!
&)#$$%(&5#&5!(&)(&.&%)? < 8 7 7 0*2/4 24 * , 24,*7> */7 07424<, #@$!6-((
* , 24,*7> */7 07424<, !@$$.-6(
* , 24,*7> */7 07424<, $@!)!-(( &&@#..-6(
&)#$$$(&5#&5!(&)(&$$)!?0== 87/=/*2/401 =?7/2 7; 3/7 0S>0*2 , $#-66 $#-66
87/ > *, 24
&)#$$'(&5#&5!(&)(&6&6$?1> ? 0= ,/3*907 24 ,/3*907 *702424<F243/ * + &!@6((-(( &!@6((-((
&)#$$.(&5#&5!(&)(&.&%$?/07 @ =07</+011/9 4 P&6 * 0= 80 0907 &$6-(( &$6-((
&)#$$6(&5#&5!(&)((#(%6?/;, 04 <271, 1>?@ /3 3; &65&) /==>42*; , 7A2 $@(((-(( $@(((-((
,/>*+9 ,* />4*;3>4 24<
&)#$$)(&5#&5!(&)(($#!& 0123 0,,/ /3 / @ =/ ! *702424< />7, F / " %#(-(( %#(-((
43/7 = 4* /332 7,40 ;0 ?-
8CDEF%
9;#$')+,1*<9=#$%&'()*+,89:%67
! " !6 67"83#-./(01(.232#4)5
G HIJKILEMN
>9<'(6((?<*@<(4A-0A(>5AB
#$%&'(HE9,%G%<D@FE%+&F*;,*@<5C@?<,(89*D#$%&'(.@,9=
&)#$'((&5#&5!(&)((%!%6 0123 8* /3 , 8* /B ?1// Q 01 /+/1 &($-((
B>,*2 "0 *24<0401;,2,
/B ?1// Q 01 /+/1 0401;,2, %)(-(( $)$-((
&)#$'&(&5#&5!(&)((%'&6 0123 407 /*2 /332 7, P&) = =? 7,+28 > ,F7- 01 7/4 &((-(( &((-((
0,,4
&)#$'!(&5#&5!(&)(&%$6( 04 *+ 0*7 /11 *2A @ 04 R +04< 8 73/7=04 .#-$( .#-$(
/3 ,/>*+ 74 0123/7420&5&$5&)
&)#$'#(&5#&5!(&)((&#)# 0*0 *2 : * 24 @ ?0 2*0*2/4 87/ ,,24<F8/12 !((-(( !((-((
7 A 4> R8 7*,
&)#$'%(&5#&5!(&)((6)%# 8* /3 < 4 701 , 7A2 , 0 =24 + 0724<F / %@%&(-((
G <,N 43/7 = 4*
0 =24 + 0724<F / 43/7 = 4* #@.6(-(( 6@&)(-((
&)#$'$(&5#&5!(&)((#)%$ 20=/4 4A27/4= 4*01 8/7*0?1 7 ,*7//=,F10 , 7 40 $$-66
,7A ,90;
8/7*0?1 7 ,*7//=,F 7 $$-66
8/7*0?1 7 ,*7//=,F72A 7*/4 807: $$-66
8/7*0?1 7 ,*7//=,F1/4< ;4 807: $$-66
8/7*0?1 7 ,*7//=,FA021 704 + 807: $$-66 !.)-%(
&)#$''(&5#&5!(&)((%&)! /94, 4 7<; 3> 13> 1 3/7 2*; A +2 1 ,F807:, 66!-6'
=024*
3> 1 3/7 2*; A +2 1 ,F / 43/7 !$-#$
3> 1 3/7 2*; A +2 1 ,F ?1 < Q ,03 *; &)'-#(
3> 1 3/7 2*; A +2 1 ,F,*7 * =024* $)(-(!
3> 1 3/7 2*; A +2 1 ,F89 *70332 &%#-$#
3> 1 3/7 2*; A +2 1 ,F104 A548 , $%-!%
3> 1 3/7 2*; A +2 1 ,F * , %&!-&) !@#(%-%)
&)#$'.(&5#&5!(&)(&##'. 1 *7/ 24 >,*7201 ,>881;=2, ,=011 *//1, Q S>28F 89 .%)-!( .%)-!(
*70332
8CDEF$
9;#$')+,1*<9=#$%&'()*+,89:%6J
! " !6 67"83#-./(01(.232#4)5
G HIJKILEMN
>9<'(6((?<*@<(4A-0A(>5AB
#$%&'(HE9,%G%<D@FE%+&F*;,*@<5C@?<,(89*D#$%&'(.@,9=
&)#$')(&5#&5!(&)((&($' R 1 104 , 08 24 B04 104 , 08 1 A 1 ,1/8 , !#@)6&-%#
B04 104 , 08 =024* , 7A2 , &!@#(.-'#
2772<0*2/4 7 8027,F A072/>, 807:, '%6-%$
B04 104 , 08 =024* ,7A FA07 807:, $.@&%)-#.
B04 104 , 08 =024* ,7A FA07 807:, !(@%).-6!
8104* 24,*0110*2/4F * = >10 > : 8/4 !6'-((
104 , 0824<F807:24< <070< &!.-))
24,*011 702451 , 8 2=87/AF 7 &$@!#!-66
2772<0*2/4 7 8027,F A072/>, ,1/8 , &@'.6-('
B04 104 , 08 =024* ,7A FA07 807:, $%@6!.-#%
B04 104 , 08 1 A 1 ,1/8 , #6@'.&-#$
2772<0*2/4 7 8027,F A072/>, 1/ 0*2/4, &@&6)-(.
*70,+ 82 :">8F* = >10 807: Q 72 $$(-((
*7 8104*24<F?27 ,011 ,8/7*, 807: #@'((-((
104 , 08 2=87/AF +07A ,*/4 10: &#@%%$-((
87 ,1 ; ,1/8 F 24,*011 7//* ?0772 7 '(&-(( !%%@.)#-#)
&)#$.((&5#&5!(&)(&..#'3 0,* 0123/7420 03 11 @ 7 37 ,+= 4*,F0/*9 !5& %)6-%. %)6-%.
?0 /74 7 ?0: 7; 03
&)#$.&(&5#&5!(&)(((&'$3 701 R87 ,, 24 =021 , 7A2 ,F 2*; $)-$( $)-$(
1 7:58104424<
&)#$.!(&5#&5!(&)(&(6(%3 +7 Q 8 7,/1 */94 807:24< &@..)-.$ &@..)-.$
,*> ;F8104424<
&)#$.#(&5#&5!(&)(()().3>11 /=80,, ,;,* =,,/>4 512<+*24< Q =2, ,>8812 ,F !(.-)$ !(.-)$
*+ 0* 7
&)#$.%(&5#&5!(&)(!&(.!<07*104 @ 404 ;7 3>4 F 8 90* 7 0 7/?2 , !(-((
#)%(-!(#
7 3>4 F ;/<0"10* , T&'$(-!(& !%-(( %%-((
&)#$.$(&5#&5!(&)(((&..<1 442 , /332 87/ > *, =2, /332 ,>8812 ,F 89 " 28 $(-.%
24
=2, - /332 ,>8812 ,F ,*0*2/4 &! $-&6 $$-)!
&)#$.'(&5#&5!(&)(()'(6</1 4 A011 ; =>,2 10,,2 , 0* *+ = 7 B04>07; '%(-$( '%(-$(
,/ 2 *;@ ?0 0 +0=? 7 !(&)
/7 + ,*70
&)#$..(&5#&5!(&)(!('!6+0,0 24 8//1 ,042*2O24< #'.-$% #'.-$%
+ =2 01,FA072/>, 8//1,
&)#$.6(&5#&5!(&)(('!$(+0O =0* *704, 24 +0O=0* 2,8/,01F 89 ,*7 * !@$%6-(. !@$%6-(.
=024*
&)#$.)(&5#&5!(&)(&#.%)+ 12R,*/7= 24 , 7A 7 89 =<=* ,>88/7* &@(6#-%( &@(6#-%(
7 4 901F 2*
8CDEF'
9;#$')+,1*<9=#$%&'()*+,89:%6K
! " !6 67"83#-./(01(.232#4)5
G HIJKILEMN
>9<'(6((?<*@<(4A-0A(>5AB
#$%&'(HE9,%G%<D@FE%+&F*;,*@<5C@?<,(89*D#$%&'(.@,9=
&)#$6((&5#&5!(&)((($(&24*1 24,*2*>* /3 =>42 2801@ &)5!( = =? 7,+28F 72:0 70=27 O &&(-(( &&(-((
1 7:,
&)#$6&(&5#&5!(&)(&#)6!= 2 /== , 7A2 B04 RRR"(#%' < 4 701 >,0< ##-)'
B04 RRR"(.&% < 4 >,0< F8 =011 0107= #$-!& ')-&.
&)#$6!(&5#&5!(&)((#.6!=024 ,*7 * ,2<4,@ ?0 ,2<4 7 810 = 4* ,>8812 ,F89 #''-#$
0*+0 / 24 ,*7 *,
,2<4 7 810 = 4* ,>8812 ,F89 ,*7 *, &@6(6-)&
,2<4 7 810 = 4* ,>8812 ,F89 ,*7 *, .$#-6! !@)!)-(6
&)#$6#(&5#&5!(&)(&6'.$= < 0,,/ 20* , 24 &65&) ?< 0 =242,*70*2/4 '@%!.-$( '@%!.-$(
, 7A2 ,
&)#$6%(&5#&5!(&)(&)6!#= 7 +04*, ?1 < =024* 11 B042*/7201 ,7A ,F A072/>, !&@'&%-(& !&@'&%-(&
1/ 0*2/4,
&)#$6$(&5#&5!(&)(&$!$)= 7 >7; 2,8/,01 7 ; 124< 3 ,F 10,, 22 !')-(% !')-(%
,;,* =, 24 ?0** 72 ,
&)#$6'(&5#&5!(&)(!&(.&=<* /3 0= 72 0 11 ?0@ 044P1 ,? )( 102=24< 6@%()-(( 6@%()-((
=<* /3 0= 72 0 ,7A ,F32404
/4,>1*24<
&)#$6.(&5#&5!(&)(!()(.=2 + 11 = 240@ ?0 * , 24,*7> */7 07424<, #$!-6(
=2 + 11 S = 240
* , 24,*7> */7 07424<, %&&-'(
* , 24,*7> */7 07424<, .($-'(
* , 24,*7> */7 07424<, '''-%( !@&#'-%(
&)#$66(&5#&5!(&)(&#%%#=2 9 ,* *08 11 ?//:,5 /11 *2/4,F12?707; )%-6& )%-6&
&)#$6)(&5#&5!(&)((%)$&=2: P, 87 2,2/4 9 1 24< A072/>, 807:,F /4" 011 9 1 24< 6%(-((
24 , 7A2 ,
A072/>, 807:,F /4" 011 9 1 24< , 7A2 , %'(-(( &@#((-((
&)#$)((&5#&5!(&)(&!!'%=2704 0@ B>12/ * , 24,*7> */7 07424<, #!#-%(
* , 24,*7> */7 07424<, '&.-%(
* , 24,*7> */7 07424<, &'6-(( &@&(6-6(
&)#$)&(&5#&5!(&)(&'%%$=:? 8724*24< Q 8724*24< , 7A2 ,F / &)$-&$ &)$-&$
87/=/*2/401 24 @ ?0 43/7 = 4*
=24>* =04 87 ,,
&)#$)!(&5#&5!(&)((%$6'=//7 3 4 /=804; 24 7 810 0=0< 3 4 F > : !@%&)-)% !@%&)-)%
8/4
&)#$)#(&5#&5!(&)(!().&40*2/401 0*/=2 =>, >= R+2?2* 7 4*01F*A= #5!!5&) " %5&%5&) !@(((-(( !@(((-((
34 *4@ ?0 40*1 =>, >= /3
4> 1 0
8CDEF.
9;#$')+,1*<9=#$%&'()*+,89:%6L
! " !6 67"83#-./(01(.232#4)5
G HIJKILEMN
>9<'(6((?<*@<(4A-0A(>5AB
#$%&'(HE9,%G%<D@FE%+&F*;,*@<5C@?<,(89*D#$%&'(.@,9=
&)#$)%(&5#&5!(&)((.%()/1 */94 2424< 11 737,+=4*,F 7 /<- 1>4 + /4 $@$$.-&# $@$$.-&#
&!5'5&6
&)#$)$(&5#&5!(&)((!&($/1 */94 *27 04 , 7A2 2*; A +2 1 =024* ,A ,F,*0 6% %&-(# %&-(#
&)#$)'(&5#&5!(&)((!&($/1 */94 *27 04 , 7A2 2*; A +2 1 =024* ,A ,F807:, #)-(% #)-(%
=024*
&)#$).(&5#&5!(&)(&)%.%/>7 42 +/10, 3/>4 0*2/43; &65&) /==>42*; , 7A2 $@(((-(( $@(((-((
3>4 24<
&)#$)6(&5#&5!(&)(((!%)8 **; 0,+8 **; 0,+ 7 2=?>7, = 4* 66(-'6 66(-'6
&)#$))(&5#&5!(&)(&(##68//1 Q 1 *72 01 A072/>, ,>8812 ,F 0S>0*2 , %$'-6(
87/ > *, 24
A072/>, ,>8812 ,F 0S>0*2 , 66-(%
A072/>, ,>8812 ,F 0S>0*2 , &)'-(. .%(-)&
&)#'(((&5#&5!(&)(&&$%)8/9 7 ,8/7*, >412=2* @ A +2 1 =024* Q 7 8027F * = #%(-&#
?0 ?=9 =/*/7 ; 1 , /3 8/12
4/
A +2 1 =024* Q 7 8027F * = 8/12 !@!6&-$#
A +2 1 =024* Q 7 8027F * = 8/12 $$%-&& #@&.$-..
&)#'(&(&5#&5!(&)(&!)(%87/ 0 *2A 327 ,2<4 8104 7 A2 9 ,7A F '@$')-)( '@$')-)(
04 @ /4,>1*24<87 A 4*2/4
&)#'(!(&5#&5!(&)((&#'%7 8 ?1/ : Q ?72 : 24 =2, =0,/47; ,>8812 ,FA07 )!-#' )!-#'
807:,
&)#'(#(&5#&5!(&)((()%.704 +/ 7 87/<708+2 ,7 87/<708+2 ,7A ,F12?707; ##-(' ##-('
87:< 8+ 22 &#
&)#'(%(&5#&5!(&)(&(...72A 7,2 / R >*2A B04"=07 P&) 042=01 ,+ 1* 7 %6@.'.-&' %6@.'.-&'
/332 /8 70*2/4,
&)#'($(&5#&5!(&)((()$$72A 7,2 / ,+ 7233 ,9 4/A P&6 ,07* R0=, * = >10 &@&((-(( &@&((-((
,*48/12
&)#'('(&5#&5!(&)(((%('72A 7,2 / ,+ 7233, &&56"&!5$5&6 109 43/7 = 4* !@!$$@.(#-6# !@!$$@.(#-6#
8*
&)#'(.(&5#&5!(&)((&#'$72A 7,2 @ />4*; /3@ / *" P&6 A */7 /4*7/1 !@%%)-&( !@%%)-&(
4A27/4= 4*01 + 01*+ ,7A ,
8*
&)#'(6(&5#&5!(&)((&#'$72A 7,2 @ />4*; /3@ 7 4 9 8 7=2*F=07< 807: ,810,+ %('-((
4A27/4= 4*01 + 01*+ 80
8*
7 4 9 8 7=2*F3/ 5=024* ;07 &@.&%-(( !@&!(-((
8CDEF6
9;#$')+,1*<9=#$%&'()*+,89:%6"
! " !6 67"83#-./(01(.232#4)5
G HIJKILEMN
>9<'(6((?<*@<(4A-0A(>5AB
#$%&'(HE9,%G%<D@FE%+&F*;,*@<5C@?<,(89*D#$%&'(.@,9=
&)#'()(&5#&5!(&)(&'%#)7/*07; 1>? /3 * = >10@ 3; &65&) /==>42*; , 7A2 $@(((-(( $@(((-((
3/>4 0*2/4 0 />4*3>4 24<
&)#'&((&5#&5!(&)(&!!$&7/*+@ /401 B* , 24,*7> */7 07424<, #.6-((
* , 24,*7> */7 07424<, !$!-(( '#(-((
&)#'&&(&5#&5!(&)(($&!(,04 2 </ 40*>701 044P1 0< 4 ; = =? 7,+28 > , .$-(( .$-((
+2,*/7;@ =>, >=
&)#'&!(&5#&5!(&)(((!.6,04 2 </ >42/4"*72?>4 ,>?, 7 *+7> !5&65!(F814< %.$%$'$$ #.6-(& #.6-(&
&)#'&#(&5#&5!(&)(((!.6,04 2 </ >42/4"*72?>4 ,>?, 7 *+7> &5&)5!(F89 %.$%$$'' #.&-#$ #.&-#$
&)#'&%(&5#&5!(&)(())6(,04?/74 <9;4 *+ 0@ / />4*7; 12A U V *+ = 7 &5&)5&) $)'-!$ $)'-!$
* = >10 =>,2 0 0 =;
&)#'&$(&5#&5!(&)(()!&#,+ 77; ? 77; =>,2 B0OO V *+ = 7 &5&.5&) .((-((
B0OO V *+ = 7 &5!%5&) %6#-((
B0OO V *+ = 7 F*+ B0: , 07, 87B* &@!#$-(( !@%&6-((
&)#'&'(&5#&5!(&)(!().),2:@ B0,=24 =072 =>,2 01 8 73/7=04 F0/*9 !5& #((-(( #((-((
&)#'&.(&5#&5!(&)((('%$,=07* 04 32401 24 ,>8812 ,F+>=04 ,7A ,5+2<+ !'(-&$ !'(-&$
+/8 ,
&)#'&6(&5#&5!(&)((!$(#,/>*+ /0,* 027 S>012*;@ 310* 3 3/7 10,* 32, 01 ; 07 &#&-.)
=040< = 4* 2,*72 *
044P1 7 4 901 3 ,F*A ! %('-.) $#6-$6
&)#'&)(&5#&5!(&)((($&),/>*+ />4*; 8 ,* 8 ,* /4*7/1 ,7A ,F* , 8//1 $)-((
/4*7/1 24
8 ,* /4*7/1 ,7A ,F,*0 )$ 6(-((
8 ,* /4*7/1 ,7A ,F,*0 .# '6-((
8 ,* /4*7/1 ,7A ,F,*0 6% 6(-((
8 ,* /4*7/1 ,7A ,F9/13 7 : 807: %)-((
8 ,* /4*7/1 ,7A ,F=07< ,810,+ 807: %)-(( #6$-((
&)#'!((&5#&5!(&)((&$%',*702<+* 124 <10,, 04 7 810 924 /9F=07<072*0 7 $%.-&6 $%.-&6
=277/7@ /=804; 24 *7
&)#'!&(&5#&5!(&)((#6%(,*7/4<, 8024*24<8024* A072/>, //7,F 2A2 '$(-((
4* 7
8024* 82 42 ,+ 1* 7F* = :> +211, 8: .((-(( &@#$(-((
&)#'!!(&5#&5!(&)(&!.6),*>07*@ B 4423 7 ,070+* , 24,*7> */7 07424<, &@!((-(( &@!((-((
&)#'!#(&5#&5!(&)((#'..* = >10 =/*/7,8/7*, A + 7 8027 Q =024*F8/12 6$-$( 6$-$(
11
8CDEF)
9;#$')+,1*<9=#$%&'()*+,89:%6
! " !6 67"83#-./(01(.232#4)5
G HIJKILEMN
>9<'(6((?<*@<(4A-0A(>5AB
#$%&'(HE9,%G%<D@FE%+&F*;,*@<5C@?<,(89*D#$%&'(.@,9=
&)#'!%(&5#&5!(&)((()&)* = >10 A011 ; >4232 7 3>4 F , 8/,2* * &5&'5&) !((-(( !((-((
, +//1@ 2,*72 *
&)#'!$(&5#&5!(&)((.)6.901=07*,8 201 A 4* ,>8812 ,F ,*0 )$ %$-&& %$-&&
&)#'!'(&5#&5!(&)((&#%!90R2 ,042*07; ,>881; 24 1 0424< ,>8812 ,F 2*; 30 212*2 , &@)&&-$# &@)&&-$#
&)#'!.(&5#&5!(&)((6%(!9 ,* 74 72A 7,2 / =,+ 8 8=*F8 +04<0 8:9; .)@)((-%% .)@)((-%%
7 <@ /4, 7A0*2/4 89&$"&%
0>*+/72*;
&)#'!6(&5#&5!(&)(((#%&9211 04 0,,/ 20* , 24 *70332 4< ,A ,F89 *70332 !@)(!-6! !@)(!-6!
&)#'!)(&5#&5!(&)(&%#&$9//* 4@ =2 +0 1 /=8>* 7 8>7 +0, 87<= 6.$-)6 6.$-)6
&)#'#((&5#&5!(&)(!&((&972<+* 124 +/1 24< 24 @ *70332 /8, 4* 7 S>28F 89 " &.!-!'
?0 972<+* 124 11 28
*70332 /8, 4* 7 S>28F 89 " 28 !(@&66-(! !(@#'(-!6
&((!(##(&5#(5!(&)(!&(.#<7 4@ B ,, 7 3>4 F >812 0* ?>, 12 T(##!## #)-(( #)-((
8;=*
MF9<D(,@,9=(N@F(4A-0A(>5AB6
!@)$)@)(.-!)
8CDEF&(
9;#$')+,1*<9=#$%&'()*+,89:%6
! " !6 67"83#-./(01(.232#4)5
MF9<D(.@,9=(5==(#$%&'+6
&$%&'+(*<(,$*+(F%;@F,O
( 7
!@)$)@)(.-!)
8CDEF&&
8:#$')+,1*;8<!
#$%&'()*+,789%6
!"! 6!!6! 53#-./(01(.232#4)5
=8;'(6((>;*?;(4@-0@(=5@A
#$%&'(GD8,%F%;C?ED%+&E*:,*?;5B?>;,(78*C#$%&'(.?,8<
!"#!$#%!"$!!& '
()*+) ,-). +/ 0-1*/+2)*-
!%"!&!1+7 -)94147 8*547: ;,- 13 45-*1 )436-642 7(,702*68*+) "<!!
1-8*547<0+5
!"'&& 8>4 62477 4)84262*7413 ;*9*8-1 -00477 /+2 0+5 ;4= "" <!% ""&<!%
;468
&''!%#! #%!"$!!'% %-5-A+) 0+5 *)0: 5*70 7(661*47?0*8@ 0142. '<&$ '<&$
7@)0,#-5-A+)
&' !"#%$#%!"$!" /2+)8*42 0-1*/+2)*- *)0B-) *)842)48 7=07C0*8@ >-11 %$D<$ %$D<$
&'$!"#%$#%!"$!" /2+)8*42 0-1*/+2)*- *)0B-) *)842)48 7=07C7.-84 6-2. E %D<D% %D<D%
74)*+2
& !!"#% #%!"$!"!%'&8*54 3-2)42 0-,14B-) *)842)48 7=07C ! %! &<'' &<''
3*)0>47842 2;
& "!"#% #%!"$!"!%'&8*54 3-2)42 0-,14B-) *)842)48 7=07CD%D& <$$ <$$
+=421-); 821
& %!"#% #%!"$!"!%'&8*54 3-2)42 0-,14B-) *)842)48 7=07C%$""$ D <%$ D <%$
5-29-2*8- 2;
& D!"#% #%!"$!"!%'&8*54 3-2)42 0-,14B-) *)842)48 7=07C "!!! 5-*) 78 D: D!<&% D: D!<&%
& !"#D!#%!"$!"!%'&8*54 3-2)42 0-,14B-) *)842)48 7=07CD%%"" 3+1/ " &<!' " &<!'
=-114@ 2;
& !"#D"#%!"$!" /2+)8*42 0-1*/+2)*- *)0B-) *)842)48 7=07C74)*+2 04)842 "D <D% "D <D%
& &!"#D"#%!"$!" /2+)8*42 0-1*/+2)*- *)0;40 E B-) *)842)48 7=07C "!!! :"!$<&' :"!$<&'
5-*) 78
& '!"#D"#%!"$!" /2+)8*42 0-1*/+2)*- *)0;40 E B-) *)842)48 7=07C "!!! $:$ <! $:$ <!
5-*) 78
& !"#D"#%!"$!!!%&%2-)0>+ 0-1*/ 3-842 =-2 ;40 ,*117 D!D'!&DC,(8842/*41; &:'%$<& &:'%$<&
;*782*08789
6FGH?"
8:#$')+,1*;8<#$%&'()*+,789%6
!"! 6!!6! 53#-./(01(.232#4)5
I0JKLMKNHOP
=8;'(6((>;*?;(4@-0@(=5@A
#$%&'(GD8,%F%;C?ED%+&E*:,*?;5B?>;,(78*C#$%&'(.?,8<
& $!%#!&#%!"$!!'% %-5-A+) 0+5 *)0: 5*70 7(661*47?0*8@ 0142. $<$'
7@)0,#-5-A+)
5*70 +/0 7(661*47? 6+1*04C"D< $
78-8*+) 7(661*47? 78- 'D <$$
0MLQ RMLKHSS THKLHU MLHVS "!&<%D
*6-; -00477+2*47 C 624= <$$
,++.7#0+11408*+)7?1*,2-2@ '< !
-= 7(661*47?649 "D$<$
5*70 +/0 7(661*47? 5-11 6; D $<$
5*70 +/0 7(661*47? 5-11 6;CD $<$ D "<"
&$!!%#!'#%!"$!"!D $0-1*/ ;468 +/ 0>*1; 7(66+28 6-@54)8 $$<!' $$<!'
7(66+28
&$"!%#!'#%!"$!"' %$0+,2- -;=-)8-94 *)0: ;,- /7- 24*5,(27454)8 6-@54)8 "':%&&<"D "':%&&<"D
8>4 -;=-)8-94 92+(6
&$%!%#!'#%!"$!!!"$ * 0 5 - 248*2454)8C61-) *05-C20 248*2454)8 82(78 ' "!:$'D<&! "!:$'D<&!
D!DD 6-@54)8
&$D!%#!'#%!"$!!! *)78-8-W I4;;P78-84 8-W47 6-@54)8 %D:'"!<&! %D:'"!<&!
&$ !%#!'#%!"$!!!% D*)78-8-W I*27P/4;42-1 8-W47 6-@54)8 !:%$!<!% !:%$!<!%
&$ !%#!'#%!"$!!!D $)-8*+)3*;4 248*2454)8 +,2- C 62+B408 248*2454)8 %:&""<" %:&""<"
7+1(8*+)6-@54)8
&$&!%#!'#%!"$!!"!& )-8*+)3*;4 248*2454)8 )-8*+)3*;4 248*2454)8 6-@54)8 "": D < "": D <
7+1(8*+)
&$'!%#!'#%!"$!!!% 6427 C >4-18> *)7(2 4561+@44 6427 >4-18> 6-@54)8 "%&:% %<$D
6245*(5
4561+@44 6427 >4-18> 6-@54)8 !<!! "%&:% %<$D
&$ !%#!'#%!"$!!!% &6427 I4561+@447X 4561+@44 6427 248*2454)8 "!D:! < $ "!D:! < $
248*2454)8P6-@54)8
&$$!%#!'#%!"$!!'% %-5-A+) 0+5 *)0: 5*70 7(661*47 E 4Y(*6?-Y(-8*07 " <$$ " <$$
7@)0,#-5-A+)6925
'!!!"#% #%!"$!!"%"%7+ 0-1*/ 9-7 0+56-)@;40 !$"C! C"&D%C! "$ " 5+2-9- %: $<"" %: $<""
2;
'!"!%#! #%!"$!"!%'&8*54 3-2)42 0-,14/4, *)842)48 7=07C 6; 5-11 "<&! "<&!
'!%!"#% #%!"$!!! D'7+ 0-1*/ 4;*7+)B-) %CD!C%$&C$ %% &&'$ 62*52+74 $< $<
-=4
6FGH?%
8:#$')+,1*;8<#$%&'()*+,789%6H
!"! 6!!6! 53#-./(01(.232#4)5
I0JKLMKNHOP
=8;'(6((>;*?;(4@-0@(=5@A
#$%&'(GD8,%F%;C?ED%+&E*:,*?;5B?>;,(78*C#$%&'(.?,8<
'!D!"#% #%!"$!!! D'7+ 0-1*/ 4;*7+)B-) %C !C '&C!%D% "'D ,(8842/*41; %!<D% %!<D%
789
'! !"#% #%!"$!!! D'7+ 0-1*/ 4;*7+)B-) %CD!C!$$CD ' %$'%" 2@402478 % <$! % <$!
'! !"#% #%!"$!!! D'7+ 0-1*/ 4;*7+)B-) %CDDCD 'C ' ' ' 24;>-3. D&<"D D&<"D
6.3@
'!&!"#% #%!"$!!! D'7+ 0-1*/ 4;*7+);40 %CD$C! DC %" %$!% +<8</2+)8 %<" %<"
78
'!'!"#% #%!"$!!! D'7+ 0-1*/ 4;*7+)B-) %C "C!'%C D$ %$ %$ 84540(1- D<$% D<$%
6.3@
'! !"#% #%!"$!!! D'7+ 0-1*/ 4;*7+)B-) %C% CDD"C ' D% ! 6-(,- 2; D<$D D<$D
'!$!"#%$#%!"$!!! D'7+ 0-1*/ 4;*7+)B-) %CD C"& CD% % %'! 54-;+37 % < $ % < $
6.3@
'"!!"#%$#%!"$!!! D'7+ 0-1*/ 4;*7+)B-) %CD C"& CD&&D %DD 54-;+37 % <!D % <!D
6.3@
'""!"#%$#%!"$!!! D'7+ 0-1*/ 4;*7+)B-) %CD C"& CD " D%$D% 144)- 3-@ % <"' % <"'
'"%!"#%$#%!"$!!! D'7+ 0-1*/ 4;*7+)B-) %CD C"& CD''! D ' ,(8842/*41; %&< & %&< &
789
'"D!"#% #%!"$!!! D'7+ 0-1*/ 4;*7+)B-) %CD C&% C % D%"D" 7 1++6 2; ":"% < ":"% <
'" !"#% #%!"$!!%D$!4-7842) 5()*0*6-1 3-842 ;40 3-842? D%"D" 7+(8> 1++6 2; %"<$! %"<$!
;*78
"$D&D"!%#!'#%!"$!"! "-;-5*-.: ;-3)24*5,? X"$ 0-1/478 0+)=4)8*+)? D D< D D<
"#%DC"#%
"$D&D%!%#!'#%!"$!"$!' -;+2-5- *)0-#= 62+;(08*+) 4Y(*6?649 %&< ' %&< '
7(661*47
"$D&DD!%#!'#%!"$!"''$ -18- 1-)9(-94 742=*047 1-)9(-94 8478*)9? >2 "%!<!! "%!<!!
*)0
6FGH?D
8:#$')+,1*;8<#$%&'()*+,789%6I
!"! 6!!6! 53#-./(01(.232#4)5
I0JKLMKNHOP
=8;'(6((>;*?;(4@-0@(=5@A
#$%&'(GD8,%F%;C?ED%+&E*:,*?;5B?>;,(78*C#$%&'(.?,8<
"$D&D !%#!'#%!"$!"D!" -13-@7 241*-,14 ,-0./1+3 246-*27?6-2.7 E %% <!!
,-0./1+3: -.- )-)4884 54;*-)7
745-)
,-0./1+3 8478*)97? =-2 6-2.7 E 54;*-)7 %'<!!
,-0./1+3 8478*)97? =-2 6-2.7 E 54;*-)7 %'<!!
,-0./1+3 8478*)97? =-2 6-2.7 E 54;*-)7 &' <!!
,-0./1+3 246-*27?6-2.7 E 54;*-)7 ":&'%< %
,-0./1+3 246-*27?6-2.7 E 54;*-)7 % !<!! %:$!&< %
"$D&D !%#!'#%!"$!! !D'-542*0-) -76>-18 7+(8> 0*8@3*;4 71(22@ 6295? 63" C!$ % D:!% < & % D:!% < &
*)0
"$D&D&!%#!'#%!"$!!!$D&-542*0-) 24; 02+77: 1*/49(-2; 82-*)*)9 D% <!! D% <!!
>4-18> E 7-/48@ 742=*047*8457?-Y(-8*07
"$D&D'!%#!'#%!"$!!"$ '-542*9-762+6-)4 /(41 C 78- $% D$!<%% D$!<%%
"$D&D !%#!'#%!"$!"D$ !-Y(- 0>*11 +/ 7-) ;*49+3-842 742=*047? 6+1*04 &< ' &< '
78+24/2+)8
"$D&D$!%#!'#%!"$!""' %-7-) 7+0*48@ 92+(6 C: )*)+ 24/(); 740 ;46+7*8C 020 "#%&#"$ %!!<!! %!!<!!
642;*;+
"$D& !!%#!'#%!"$!"$"$$-(9(78*)4: 3*1>415*)-24*5,? X"$ 0-1/478 0+)=4)8*+)? ""&<!" ""&<!"
"#%DC"#%
"$D& "!%#!'#%!"$!"$'!$,-9;-7-2*-): )-;@-24*5,? 84-5 6-04 7(661*47 D%%< D D%%< D
"$D& %!%#!'#%!"$!""$ ,-.42 -); 8-@1+2 *)0,++. 0+11408*+)7?1*,2-2@ ' < '
,++. 0+11408*+)7?1*,2-2@ D< D
,++. 0+11408*+)7?1*,2-2@ %!<"%
,++. 0+11408*+)7?1*,2-2@ !<
,++. 0+11408*+)7?1*,2-2@ %!!<"
,++. 0+11408*+)7?1*,2-2@ "' <%'
,++. 0+11408*+)7?1*,2-2@ ":"$ <%$ ":' $< "
"$D& D!%#!'#%!"$!!&% ,-1148 /+1.1+2*0+: -.- 807; *)782(08+2 4-2)*)97 "D%<D!
1+24)- >-)0+0.
807; *)782(08+2 4-2)*)97 % $<$!
807; *)782(08+2 4-2)*)97 "&"<'! D<$!
"$D& !%#!'#%!"$!" "!",-2) 78-94 0+56-)@ *)0: 78815)8? 0-,-248 -8 8>4 5420 $ <!! $ <!!
8>4!"#%'#"$
"$D& !%#!'#%!"$!"D %,-7 740(2*8@740(2*8@ 7=07? 0*8@ /-0*1*8*47 D:$''<%
740(2*8@ 7=07? 0*8@ /-0*1*8*47 ":$D <!!
740(2*8@ 7=07? 0*8@ /-0*1*8*47 ":!D%<!! &:$ <%
6FGH?
8:#$')+,1*;8<#$%&'()*+,789%6J
!"! 6!!6! 53#-./(01(.232#4)5
I0JKLMKNHOP
=8;'(6((>;*?;(4@-0@(=5@A
#$%&'(GD8,%F%;C?ED%+&E*:,*?;5B?>;,(78*C#$%&'(.?,8<
"$D& &!%#!'#%!"$!!%D'',478 ,(@ 0+56-)@ *)00+56(842 6(20>-74 6295? B-*54: ": !%<DD ": !%<DD
B<
"$D& '!%#!'#%!"$!! %&%,*+ 8+W 1-,+2-8+2*478+W*0+1+9@ E 1-, 7=07?84540(1- $D<!!
6;
8+W*0+1+9@ E 1-, 7=07?84540(1- 6; %:& D<!!
8+W*0+1+9@ E 1-, 7=07?84540(1- 6; "D<!! D: $<!!
"$D& !%#!'#%!"$!" ! ,+, 0-11->-)X7 6++1 B-) 6++1#/+()8-*) 5-*)8? =-2* $ !<!! $ !<!!
742=*041+0-8*+)7
"$D& $!%#!'#%!"$!""D ,+)0+2 3-842 7@78457 5JKLZ\[Q \\FLHU LFK\] RM\[LHU UH^\[?7LF 'D %&'<%! %&'<%!
110: ;,- 7()7>*)4 3-842
7+/8
"$D& !!%#!'#%!"$!"D%& 0-1*/ ,(*1;*)9: 78-);-2;7 8> Y82 6-@54)8 +/ 7," 'D %!" "<!! "<!!
0+55*77*+)
"$D& "!%#!'#%!"$!!!&D 0-1*/ ;468 +/ %!" 8> Y82 658?782+)9 5+8*+) %:! &<%D %:! &<%D
0+)742=-8*+)I+08C;40P
"$D& %!%#!'#%!"$!%"! 0-)82411: 8*)- B<807; *)782(08+2 4-2)*)97 "' <!! "' <!!
"$D& D!%#!'#%!"$!!!"D"0-21 3-224) -); 0+56-)@ ;40 01-*5 -;B(7842 7=07 ":$" <!! ":$" <!!
*)0
"$D& !%#!'#%!"$!" % 0-70 4)9*)442*)9 -);: 6425*8 0+561*-)04 7=07? 1-); "D!<!!
0+)7(18*)9 *)0;4=
6425*8 0+561*-)04 7=07? 1-); ;4= & <!! "$ <!!
"$D& !%#!'#%!"$!%!%!"0*2014 +/ 7-/4C8 *)07-28 4W-57? 845 6+1*04 ":%!!<!!
7-28 4W-57? 84540(1- 6+1*04 D!!<!!
7-28 4W-57? 84540(1- 6+1*04 ":%!!<!! %:'!!<!!
"$D& &!%#!'#%!"$!! ! 0+55()*8@ >4-18> 4561+@44 0>-2*8@ ;+)-8*+)7 <!! <!!
0>-2*8*476-@54)8
"$D& '!%#!'#%!"$!!! %0+56(842 -1428 7@78457-1-25 7@7845 246-*27? B20 D $<%$
-1-25 7@7845 246-*27? 8=5 ' <!! % <%$
"$D& !%#!'#%!"$!" !"0+()8@3*;4 540>-)*0-1 >=-0 246-*27? B20 ":%!!<!! ":%!!<!!
7@78457
"$D& $!%#!'#%!"$!%"!''0+(287: 82-0@24*5,? X"$ 0-1/478 0+)=4)8*+)? ""'<%D ""'<%D
"#%DC"#%
6FGH?
8:#$')+,1*;8<#$%&'()*+,789%6K
!"! 6!!6! 53#-./(01(.232#4)5
I0JKLMKNHOP
=8;'(6((>;*?;(4@-0@(=5@A
#$%&'(GD8,%F%;C?ED%+&E*:,*?;5B?>;,(78*C#$%&'(.?,8<
"$D&&!!%#!'#%!"$!"' %0+W: .2*78* 1@)807; *)782(08+2 4-2)*)97 % &< !
807; *)782(08+2 4-2)*)97 % &< !
807; *)782(08+2 4-2)*)97 %% <!!
807; *)782(08+2 4-2)*)97 % &< !
807; *)782(08+2 4-2)*)97 " &< ! ":"%!<!!
"$D&&"!%#!'#%!"$!"!& !02-/8754) 61(5,*)9 E 84540(1- 0+55 082?246-*2 "<D
>=-0 *)03-842 5-*)
&8> 782448 24782++5? 61(5,*)9 246-*27 %&!<!!
+1; 8+3)? 246-*2 /+()8-*) 0+)82+1142 : !!<!!
-#0 246-*27? 1*,2-2@ " <!!
61(5,*)9 246-*27? 5670 % <!! :$%"<D
"$D&&%!%#!'#%!"$!%! D&02+),429: 2*0>-2; )807; *)782(08+2 4-2)*)97 ! <!! ! <!!
"$D&&D!%#!'#%!"$!! "!02+778+3) 414082*0-1 E 82-//*0 4Y(*6 5-*)8 E 246-*2 % : !<!! % : !<!!
;-8-72=07?63
"$D&& !%#!'#%!"$!! DD;-5.+: 0>2*78*)424*5,? X"$ 0-14; 149*71-8*=4 "%!< "%!<
2+();8-,14
"$D&& !%#!'#%!"$!"%&!!;-=*; 4=-)7 -); )+= 4)9 7=07? ,*.4 82-*1? 63! C! ':D D< $ ':D D< $
-77+0*-847 *)0
"$D&&&!%#!'#%!"$!%!& ;9 *)=47854)8 >+1;*)97 % 0*8@3*;4 =*;4+ 7(2=4*11-)04 7@7 "!&:!$%<!! "!&:!$%<!!
*)0: 0+)=429*)8 82-//*0
840>)+1+9*47
"$D&&'!%#!'#%!"$!!D$ ;*-5+); 4)=*2+)54)8-1 6+28-,14 24782++57? 2-)0>+ '!<%!
72=07=*78- 2;
6+28-,14 24782++57? 2-)0>+ =*78- 2; $<$$ !<"$
"$D&& !%#!'#%!"$!"$'%!;*=427*/*4; 3-84270-647 B-) 382 Y(-1*8@ 5-*)8? =-2* &:'&&<!!
*)06-2.7
+08 382 Y(-1*8@ 5-*)8? =-2* 6-2.7 &:'&&<!!
746 382 Y(-1*8@ 5-*)8? =-2* 6-2.7 &:'&&<!! %!:%$ <!!
"$D&&$!%#!'#%!"$!" % ';+..4) 4)9*)442*)9+08C;40 ;79) 7=07 62.9? 63" C!' %:$ !<!! %:$ !<!!
"$D&'!!%#!'#%!"$!! "$%;+3)7 4)429@ /(41/(41 /+2 0*8@ =4>*0147? 807; & < %
/(41 /+2 0*8@ =4>*0147? 6+1*04 ;468 <$$ "%"< "
"$D&'"!%#!'#%!"$!"$%$D4E/ 648 7(661*47 *)0.C$ /++;? 84540(1- 6+1*04 $ < !
.C$ /++;? 84540(1- 6+1*04 $ < !
.C$ /++;? 84540(1- 6+1*04 <'!
.C$ /++;? 84540(1- 6+1*04 $ < !
.C$ /++;? 84540(1- 6+1*04 <'! %<$!
"$D&'%!%#!'#%!"$!! %$411*7+) 3*17+) -;=+0-0@ /4, 78-84 1+,,@*)9 7=07? 0*8@ D: !!<!! D: !!<!!
110592
6FGH?&
8:#$')+,1*;8<#$%&'()*+,789%6
!"! 6!!6! 53#-./(01(.232#4)5
I0JKLMKNHOP
=8;'(6((>;*?;(4@-0@(=5@A
#$%&'(GD8,%F%;C?ED%+&E*:,*?;5B?>;,(78*C#$%&'(.?,8<
"$D&'D!%#!'#%!"$!""%!%45> 76+287 (7- *)0807; *)782(08+2 4-2)*)97 %&%< !
807; *)782(08+2 4-2)*)97 $! < ! ":"&&<$!
"$D&' !%#!'#%!"$!""%$%4)=*2+)54)8-1 70*4)04 ;40 04Y- -)-1@7*7 /+2 8= $!!<!!
-77+0>+76*8-1
746 04Y- -)-1@7*7? 8= >+76*8-1 5+;7 "D:!"&< !
-(9 04Y- -)-1@7*7 /+2 8= >+76*8-1 ":D !<!!
)+= 04Y- -)-1@7*7? 8= >+76*8-1 5+;7 D:& '< !
+08 04Y- -)-1@7*7? 8= >+76*8-1 5+;7 : "&<% %': '!<%
"$D&' !%#!'#%!"$!" !$!4=-60+ 62+;(087 *)0: ;,- B-) 0*=*0 082? 0+);4)742 >%+ 7@7 &" <D! &" <D!
;+16>*) 3-8420-245-*)8
"$D&'&!%#!'#%!"$!! D&43*)9 *22*9-8*+) =-2*+(7 76+287 6-2.7? 5+(); ":$%$< & ":$%$< &
62+;(087 *)001-@
"$D&''!%#!'#%!"$!!"! &4W041 1-);70-64 *)0MUUMGFLMJK UH^FMU? _FU \[FKOSTF^H VHOMFKS %"&<D& %"&<D&
"$D&'$!%#!'#%!"$!"' D%4@454; =*7*+) 0-24=*7*+) 61-) 6-@54)8 ":&&!<!$ ":&&!<!$
"$D& !!%#!'#%!"$!!%$ %/2-)0>*74 8-W ,+-2;.2-0>: ,244 C 0-74` &!D!"&"!D "D<&!
.2-0>: ,244 C 0-74` &!D!"&"!D %"<' D <D
"$D& "!%#!'#%!"$!" & /24*A4 (>142 .*5,421@ ;,-: 78-// 6+1+ 7>*287? 782448 5-*)8 &<&%
014-2 ,1(4 62+5+8*+)7;468
78-// 6+1+ 7>*287? 0*6 ;468 "&"<D$
78-// 6+1+ 7>*287? 0*6 ;468 D"<!
78-// 6+1+ 7>*287? 5-*)84)-)04 ;468 &%<"&
78-// 6+1+ 7>*287? 5-*)84)-)04 ;468 &<&%
78-// 6+1+ 7>*287? 5-*)84)-)04 ;468 < !
78-// 6+1+ 7>*287? 1-); ;4= ;468 "! <' ! <
"$D& %!%#!'#%!"$!"D!'&9-(;48 @=+))4 5: ;,- @47 807; *)782(08+2 4-2)*)97 !D<%! !D<%!
@+( 0-) ;2-3
"$D& D!%#!'#%!"$!!!"''914))*47 +//*04 62+;(087 +//*04 7(661*47? /+0 %D<"%
*)0
+//*04 7(661*47? /+0 "!"< $ "% <&"
"$D& !%#!'#%!"$!!$&! 9+1;4) =-114@ 5(7*0 78815)8? a1+=4a %#%#"$ D' <!' D' <!'
7+0*48@: ;,- 0- 0>-5,42
+20>4782-
"$D& !%#!'#%!"$!" "924-8-542*0- /*)-)0*-1 B-) 14-74 /+2 0+6*427?1*,2-2@ '$D< $ '$D< $
7=07
6FGH?'
8:#$')+,1*;8<#$%&'()*+,789%6L
!"! 6!!6! 53#-./(01(.232#4)5
I0JKLMKNHOP
=8;'(6((>;*?;(4@-0@(=5@A
#$%&'(GD8,%F%;C?ED%+&E*:,*?;5B?>;,(78*C#$%&'(.?,8<
"$D& '!%#!'#%!"$!!!" &>-).7 >-2;3-24 *)00+55()*8@ 240 04)842? *04 %:"%!<&D
5-.42
5-*)84)-)04 7(661*47? =-2*+(7 6-2.7 D'<
5-*)8 7(661*47? 8=5 ''< D
5-*)8 7(661*47? 8=5 $<'
5-*)8 7(661*47? -Y(-8*07 " <!"
5-*)8 7(661*47? +1; 8+3) D"< %
5-*)8 7(661*47? 8=5 % <
5-*)8 7(661*47? 8>4-842 "D!< !
>-2;3-24 7(661*47? 78- $% '<"
>-2;3-24 7(661*47? 78- $% ""D<$!
>-2;3-24 7(661*47? 78- "%< D
5-*)8 7(661*47? 0*=*0 082 " D<&"
5-*)8 7(661*47? 0*=*0 082 "&<$%
5-*)8 7(661*47? 0*=*0 082 D < $
5-*)8 7(661*47? 0*=*0 082 <$"
5-*)8 7(661*47? 0*=*0 082 D'< $
5-*)8 7(661*47? 020 "& <$
5-*)8 7(661*47? =-2* 6-2.7 ""!<&!
5-*)8 7(661*47? =-2* 6-2.7 ""'<&!
5-*)8 7(661*47? -Y(-8*07 <%
5-*)8 7(661*47? -Y(-8*07 %%D<'"
5-*)8 7(661*47? -Y(-8*07 D<'!
5-*)8 7(661*47? -Y(-8*07 %D <$"
5-*)8 7(661*47? 1*,2-2@ D%< D
5-*)8 7(661*47? 0*=*0 082 "'< D
5-*)8 7(661*47? 0*=*0 082 % <%
5-*)8 7(661*47? 0*=*0 082 ""D< "
5-*)8 7(661*47? =-2* 6-2.7 & <!'
5-*)8 7(661*47? =-2* 6-2.7 %'<
5-*)8 7(661*47? =-2* 6-2.7 $ <!
5-*)8 7(661*47? =-2* 6-2.7 D < D
5-*)8 7(661*47? =-2* 6-2.7 $<$"
5-*)8 7(661*47? -Y(-8*07 !<$
5-*)8 7(661*47? -Y(-8*07 % <!
5-*)8 7(661*47? -Y(-8*07 D <&&
5-*)8 7(661*47? -Y(-8*07 %!<""
VMST SN^^\[MHS RJU ^\\ SLUHHL VFMKLHKFKTH %$<DD
5-*)8 7(661*47? 0*=*0 082 D"<%
5-*)8 7(661*47? 0*=*0 082 %%<'%
5-*)8 7(661*47? 020 " <"D
5-*)8 7(661*47? 020 D<!
5-*)8 7(661*47? 020 "!<'D
5-*)8 7(661*47? 020 "% <$!
5-*)8 7(661*47? 020 " <
5-*)8 7(661*47? =-2* 6-2.7 " '<D&
5-*)8 7(661*47? =-2* 6-2.7 D!<
6FGH?
8:#$')+,1*;8<#$%&'()*+,789%6"
!"! 6!!6! 53#-./(01(.232#4)5
I0JKLMKNHOP
=8;'(6((>;*?;(4@-0@(=5@A
#$%&'(GD8,%F%;C?ED%+&E*:,*?;5B?>;,(78*C#$%&'(.?,8<
5-*)8 7(661*47? =-2* 6-2.7 "$ <!D
5-*)8 7(661*47? =-2* 6-2.7 $ <&&
5-*)8 7(661*47? =-2* 6-2.7 ":"'$<$
5-*)8 7(661*47? =-2* 6-2.7 "D<$"
5-*)8 7(661*47? =-2* 6-2.7 "D<!%
5-*)8 7(661*47? =-2* 6-2.7 &<'&
5-*)8 7(661*47? =-2* 6-2.7 "!'<&'
5-*)8 7(661*47? /+0 $<'
5-*)8 7(661*47? -Y(-8*07 <&"
5-*)8 7(661*47? -Y(-8*07 %" <"!
5-*)8 7(661*47? -Y(-8*07 " '<''
5-*)8 7(661*47? -Y(-8*07 <DD
5-*)8 7(661*47? -Y(-8*07 " <$$
75-11 8++17?=-2 6-2.7 " <&D
5-*)8 7(661*47? 5670""< !
5-*)8 7(661*47? 8>4-842 "&<$!
5-*)8 7(661*47? 8>4-842 !<&
5*70 7(661*47 /+2 63 782448 5-*)8 &<D$
5*70 7(661*47 /+2 63 782448 5-*)8 <D
5*70 7(661*47 /+2 63 782448 5-*)8 '&<""
5-*)8 7(661*47? 020 " <''
5-*)8 7(661*47? 020 D"<D&
5-*)8 7(661*47? 020 D <
5-*)8 7(661*47? =-2* 6-2.7 " <
5-*)8 7(661*47? 5670 <
5-*)8 7(661*47? 1*,2-2@ ""<$
5-*)8 7(661*47? 0*=*0 082 "'<"&
5-*)8 7(661*47? 0*=*0 082 "D<!"
5-*)8 7(661*47? 0*=*0 082 "D!< $
5-*)8 7(661*47? 0*=*0 082 $<''
5-*)8 7(661*47? 0*=*0 082 & <%
5-*)8 7(661*47? 0*=*0 082 ""<%"
5-*)8 7(661*47? =-2* 6-2.7 % <$!
5-*)8 7(661*47? =-2* 6-2.7 D <%%
5-*)8 7(661*47? 8=5 <!
5-*)8 7(661*47? 8=5 <!!
5-*)8 7(661*47? -Y(-8*07 "%<&
5-*)8 7(661*47? 020 <!
5-*)8 7(661*47? -Y(-8*07 %"<&%
5-*)8 7(661*47? -Y(-8*07 < D
5-*)8 7(661*47? 1*,2-2@ D<%
5-*)8 7(661*47? 1*,2-2@ D!< :%D"<%!
"$D& !%#!'#%!"$!!%"!$>; 7(661@ 0+)782< 7(661@ 5*70 7(661*47? 63 782448 5-*)8 D<"&
18;: ;,- >;7 3>*84 0-6
0+)78 8
5*70 7(661*47? 63 782448 5-*)8 %''<%!
5*70 7(661*47? 63 782448 5-*)8 '<" D&'<
6FGH?$
8:#$')+,1*;8<#$%&'()*+,789%6!
!"! 6!!6! 53#-./(01(.232#4)5
I0JKLMKNHOP
=8;'(6((>;*?;(4@-0@(=5@A
#$%&'(GD8,%F%;C?ED%+&E*:,*?;5B?>;,(78*C#$%&'(.?,8<
"$D& $!%#!'#%!"$!" "%">471*): 5*0>-4124*5,? 2/27>5)87? *)842=*43 %<$ %<$
6-)41 9*7
"$D&$!!%#!'#%!"$!%!&$ >*0.7 -); >-283*0. *)0;40 4)9 61-) 0. 7=07? 63 %:"!!<!!
+08 4)9 61-) 0. 7=07? 63 %:" !<!!
;40 4)9 61-) 0. 7=07? 63 ":D !<!! :&!!<!!
"$D&$"!%#!'#%!"$!" & >*1102478 0+)82-08*)9 *)06297 658 `&?845< 6-2. E 2*;4 D&$:$D <%% D&$:$D <%%
63!&C!$
"$D&$%!%#!'#%!"$!"!%"!>+54 ;46+8 7(661@ *)0=-2*+(7 8++17 E 4Y(*654)8?8=5 E $ <'' $ <''
-04
"$D&$D!%#!'#%!"$!!D&% >+3411 -)) 5-2*492-6>*0 ;79) 7=07?40+ ;4= &%!<!! &%!<!!
"$D&$ !%#!'#%!"$!%! $*) 8>4 5*W 7+(); 110-(;*+ 2461-0454)8 ": !!<!! ": !!<!!
7@7845?8>4-842
"$D&$ !%#!'#%!"$!!&$" *))+=-8*=4 ;+0(54)8 ;40 0+6*42 5-*)8#(7-94#246-*2? :"D'<%%
7+1(8*+)70*8@3*;4
;40 0+6*42 5-*)8#(7-94#246-*2? 0*8@3*;4 D'!< % : !'<'
"$D&$&!%#!'#%!"$!%!&'D*)8492*8@ 7(66+28 6UHCHV^\[JQVHKL STUHHKMKGS?>2 <$D <$D
742=*047 *)0: 4561+@54)8
70244)*)9 247+
"$D&$'!%#!'#%!"$!!&$% *)81 5()*0*6-1 7*9)-1 82-//*0 7*9)-1 3+2.7>+6? "'!<!! "'!<!!
-77+0: *57-,4-27>4-2: B<
"$D&$ !%#!'#%!"$!"% DB-0+,X7 >+(74 *)04561+@44 0>-2*8@ ;+)-8*+)7 !<!! !<!!
6-@54)8
"$D&$$!%#!'#%!"$!" D %B-547 411*+88 78815)8? 8>4 ;++27 82*,(84 :'"D<D$ :'"D<D$
4)8428-*)54)8"#D"#"$
"$D'!!!%#!'#%!"$!%! $DB4// .-8A -20>*8408(2-1 ;79) 7=07 020 6++1? 63" C!% %":%$&<!! %":%$&<!!
0+26
"$D'!"!%#!'#%!"$!"" "B+4 2>+;47 5-*)84)-)04: /(41 6(56 5-*)8 C 78- &D < ! &D < !
742=*04 *)0
"$D'!%!%#!'#%!"$!" D .411@ 6-642 0+56-)@ *)0^\[JLLHU ^F^HU E VMST ^F^HU <D <D
"$D'!D!%#!'#%!"$!%!D$&.*)9;+5 0-(747: ;,- 0*8@ >+541477 0+11-,+2-8*=4 "!:!!!<!! "!:!!!<!!
)487=07?0*8@3*;4
6FGH?"!
8:#$')+,1*;8<#$%&'()*+,789%6!!
!"! 6!!6! 53#-./(01(.232#4)5
I0JKLMKNHOP
=8;'(6((>;*?;(4@-0@(=5@A
#$%&'(GD8,%F%;C?ED%+&E*:,*?;5B?>;,(78*C#$%&'(.?,8<
"$D'! !%#!'#%!"$!"'"" .2-0> ,244 ,: ;,- 024;*8? 8-W 3*8>>+1;*)9 0-74 C"D<&!
84540(1- 82+6>@ E ;47&!D!"&"!D
024;*8? 8-W 3*8>>+1;*)9 0-74 &!D!"&"!DC%"<'
82+6>@ C ,0 '<!!
61-Y(4 C 4W61+242 6295 <D "!&<!D
"$D'! !%#!'#%!"$!"D'$'1- B+11- ,++.*)9 -94)0@ 78815)8? a-,,- 7>+3a %#"#"$ &:'$&< ! &:'$&< !
-.-: 94+294 -);243
)-914
"$D'!&!%#!'#%!"$!"%$ 1-,4114C 5-2=*) *)05-842*-17 8478*)9 7=07? 63" C!$ ':" %< ! ':" %< !
"$D'!'!%#!'#%!"$!!&' 1-5-2 0+26+2-8*+): 8>4: ,M\[\[bJFUO FO_HULMSMKG?%!"$ 2JO 2NK :"%!<!! :"%!<!!
;,-? 1-5-2 -;=428*7*)9
"$D'! !%#!'#%!"$!!!%"!14-9(4 +/ 0-1*/ 0*8*47%!"$ 545,427>*6 ;(47? 0*8@ +/ %': !'<!! %': !'<!!
84540(1-
"$D'!$!%#!'#%!"$!! $! 1*4,428: 0-77*;@ -); ;40 >2 149-1 7=07 /+2 "'< !
3>*85+2484!&!C!!!""
;40 >2 149-1 7=07 /+2 84!&!C!!!"& D !<$!
;40 >2 149-1 7=07 /+2 84!&!C!!!!" " &<!! $% < !
"$D'"!!%#!'#%!"$!""" 1+;-8+ B*11 0>2*78*)4: ;,- 807; *)782(08+2 4-2)*)97 D$%<!!
8>4 6-28@ 5+5
807; *)782(08+2 4-2)*)97 "D'<%! %$<%!
"$D'""!%#!'#%!"$!!D' %5-*) 782448 7*9)7: ;,- 7*9) 2461-0454)8 7(661*47? ":"&D<! ":"&D<!
-8>-0+ *)07824487
"$D'"%!%#!'#%!"$!"' %'5-80>488: =*=*-)807; *)782(08+2 4-2)*)97 "!$<%!
807; *)782(08+2 4-2)*)97 % < ! D& <!!
"$D'" !%#!'#%!"$!!D!'&548 1*/4 *)7(2-)04 ;4)8-1 6-@54)8 "D:" <& "D:" <&
0+56-)@
"$D'" !%#!'#%!"$!" D" 5*0>-41 ,-.42 ;40 0*=*1 4)9 E ;79) 7=07? $!&<%!
*)842)-8*+)-163" C!
)+= 0+)7(18-)8 7=07? 63"'C"' ':"'!<&!
;40 0+)7(18 7=07? @)4A 2;? 63"'C"' &: "< "
-;;8X1 7(2=4@ E ;79) 7=07? 63"'C! !D<!! " :DD"<%"
"$D'"&!%#!'#%!"$!%"!"!5*0>-41 0-82+): 54;*0-1 62+/477*+)-1 =*;4+ ": <!!
=*7*+)-2*47 *5-94 0+56-)@62+;(08*+)
*C" *) 02*7*7 =*;4+ 62+;(08*+) ":' "<!! D:D%$<!!
"$D'"'!%#!'#%!"$!! $ "5*.4X7 6240*7*+) 341;*)9 ;(0. 6+);? 341;*)9 7=07 : D!<!! : D!<!!
*)0
6FGH?""
8:#$')+,1*;8<#$%&'()*+,789%6!
!"! 6!!6! 53#-./(01(.232#4)5
I0JKLMKNHOP
=8;'(6((>;*?;(4@-0@(=5@A
#$%&'(GD8,%F%;C?ED%+&E*:,*?;5B?>;,(78*C#$%&'(.?,8<
"$D'" !%#!'#%!"$!! ! D5*77*+) 414082*0 7(661@ 414082*0-1 7(661*47? B20 $ < '
*)0
=-2*+(7 6++17? 414082*0-1 7(661*47 &$< $
414082*0-1 7(661*47? B20 < &
414082*0-1 7(661*47? =-2*+(7 6-2.7 "$ <''
414082*0-1 7(661*47? =-2*+(7 6-2.7 D$<$D
414082*0-1 7(661*47? 1*,2-2@ %$ <$ %:D'$<&!
"$D'"$!%#!'#%!"$!!"!&'5*8@ 1*84 *)08Fb\[HS#0ZFMUS UFT\]?020 D:D"D<! D:D"D<!
"$D'%!!%#!'#%!"$!"& 5., 62*)8*)9 E ,(7*)477 0-2;7 C 0*6 E 1-); ;4= "!'<''
62+5+8*+)-1 *)0: ;,-
5*)(845-) 62477
,(7*)477 0-2;7?0+()0*1 &$< $
,(7 0-2;7? /*)-)04 "!'<''
,(7*)477 0-2;7 E 4)=41+647? 6+1*04 & <&% ": DD<'
"$D'%"!%#!'#%!"$!! &5++24 /4)04 0+56-)@ *)02+)-1; 24-9-) 76? /4)04 246-*27 &: DD<'$ &: DD<'$
"$D'%%!%#!'#%!"$!! ! !5+2-5-20+: -)8>+)@ B: 807; *)782(08+2 4-2)*)97 !$< !
;,- ,*9/++8 92-6>*07
807; *)782(08+2 4-2)*)97 "& <!! ''< !
"$D'%D!%#!'#%!"$!%! &$5+24@: 5*.424*5,? X"$ 0-1/478 0+)=4)8*+)? ""D<D" ""D<D"
"#%DC"#%
"$D'% !%#!'#%!"$!"'! $5+22*7C>+6.*)7: ,2++.4807; *)782(08+2 4-2)*)97 %D"<!!
807; *)782(08+2 4-2)*)97 %D"<!!
807; *)782(08+2 4-2)*)97 <!!
807; *)782(08+2 4-2)*)97 %"!<!! ' &<!!
"$D'% !%#!'#%!"$!!%$% )-6- -(8+ 6-2875*70 7(661*47 /+2 63 782448 '"<'D
5-*)8
-(8+ 6-287 E 5*70 7(661*47? 800 D"< !
-(8+ 6-287 E 5*70 7(661*47? 78- $% %&<&% "%$<
"$D'%&!%#!'#%!"$!" "& )-8(247 *5-94 *)0640>-)9- 6.3@ 4)=*2+) %!&<$! %!&<$!
5*8*9-8*+)?63""C!"
"$D'%'!%#!'#%!"$!" D$")*0>+17: .411*4 ;807; *)782(08+2 4-2)*)97 "&< !
807; *)782(08+2 4-2)*)97 "$&<!!
807; *)782(08+2 4-2)*)97 "<!!
807; *)782(08+2 4-2)*)97 "<!!
807; *)782(08+2 4-2)*)97 "<!!
807; *)782(08+2 4-2)*)97 "&< ! %:D %<!!
6FGH?"%
8:#$')+,1*;8<#$%&'()*+,789%6!H
!"! 6!!6! 53#-./(01(.232#4)5
I0JKLMKNHOP
=8;'(6((>;*?;(4@-0@(=5@A
#$%&'(GD8,%F%;C?ED%+&E*:,*?;5B?>;,(78*C#$%&'(.?,8<
"$D'% !%#!'#%!"$!!!%!$)(82*4) -9 7+1(8*+)7 *)0: 6-2. 5-*)8?5*70 4Y(*654)8 D<&%
;,- 02+6 62+;(08*+) 246-*27
72=07
5*70 7(661*47? 63 782448 5-*)8 "&&< !
6-2. 5-*)8?5*70 4Y(*654)8 246-*27 "$$<$D
5-*)8 7(661*47 78- $ "%!<!
6-2. 5-*)8?5*70 4Y(*654)8 246-*27 "&%<DD & %<DD
"$D'%$!%#!'#%!"$!"$ D$+X0+))+2: ;4)*74807; *)782(08+2 4-2)*)97 "' <!! "' <!!
"$D'D!!%#!'#%!"$!!%"! +1; 8+3) 8*24 -); 742=*040*8@ =4>*014 5-*)8 7=07?63 ":! "<' ":! "<'
/-0*1*8*47
"$D'D"!%#!'#%!"$!!%"! +1; 8+3) 8*24 -); 742=*040*8@ =4>*014 5-*)8 7=07?63 D $< &
7824487
0*8@ =4>*014 5-*)8 7=07?63 7824487 $" <$& ":%' < %
"$D'D%!%#!'#%!"$!!%"! +1; 8+3) 8*24 -); 742=*040*8@ =4>*014 5-*)8 7=07?6+1*04 < ' < '
"$D'DD!%#!'#%!"$!"$ "+28*A 4)84262*747 *)0B-) 66`%!?*C" #72'$7 (18<*)820>9 % :&%D< % :&%D<
! C!
"$D'D !%#!'#%!"$!"!DD 6++1 E 414082*0-1 =-2*+(7 7(661*47? -Y(-8*07 "DD<!' "DD<!'
62+;(087 *)0
"$D'D !%#!'#%!"$!! %!624C6-*; 149-1 742=*047 6246-*; 149-1 742=*047 6-@54)8 %&&<"! %&&<"!
*)0: ;,- 149-17>*41;
"$D'D&!%#!'#%!"$!"%$! 62+ -08*=4 /*24 ;47*9) B-) 61-) 24=*43 72=0? &: $ <'! &: $ <'!
-);: 0+)7(18*)9624=4)8*+)
"$D'D'!%#!'#%!"$!"%" "Y(*)8 E 8>*55*9 116,+); 0+()741 72=07?0/; "$C!" %': !!<!! %': !!<!!
"$D'D !%#!'#%!"$!%! '$2-043-@ /+2; *)0784)0*1*)9 82(0.?63 782448 "%!:$%!<$D "%!:$%!<$D
5-*)8
"$D'D$!%#!'#%!"$!"$ !$2-)0>+ 0-1*/ 3-842 0+)782 598#*)7640?*C" #'$7 :D!&<$D :D!&<$D
;*782*08*)820>9 ! C!
"$D' !!%#!'#%!"$!!D $"24)47 0+55420*-1 -661@ 624#6+78C454294)8?5-B " : D < ! " : D < !
5-)-9454)8-2842*-17
"$D' "!%#!'#%!"$!"!'''2*=427*;4 0+ 4W40(8*=4 /@ " #"$ 70/- 5*70 24*5, 4W64)747 ":!!%< ' ":!!%< '
+//*04
"$D' %!%#!'#%!"$!!" $%2*=427*;4 0+ *)/+ ;40 45429 2-;*+ 24)8-1? 845 %: "<D' %: "<D'
840>)+1+9@6+1*04
6FGH?"D
8:#$')+,1*;8<#$%&'()*+,789%6!I
!"! 6!!6! 53#-./(01(.232#4)5
I0JKLMKNHOP
=8;'(6((>;*?;(4@-0@(=5@A
#$%&'(GD8,%F%;C?ED%+&E*:,*?;5B?>;,(78*C#$%&'(.?,8<
"$D' D!%#!'#%!"$!"' $2+74) -); 2+74) 7-/48@ E ()*/+25 7(661*47?63 D<"!
*);(782*47 *)0: ;,- 2 E 2 7824487
*);(782*47 *)0
7-/48@ E ()*/+25 7(661*47?63 7824487#62. %:'& < " %: '< "
"$D' !%#!'#%!"$!"%% "2+8>: ;+)-1; B807; *)782(08+2 4-2)*)97 "%%< ! "%%< !
"$D' !%#!'#%!"$!! %' 7-/4 -); 740(24 1+0.75*8> 72=07?B4//427+) 240 " "<'"
1+0.75*8> 72=0082
1+0.75*8> 72=07?3*)0>47842 02. 62. "&< $ " <D!
"$D' &!%#!'#%!"$!%"! 7-57: -);24- 1-(24)807; *)782(08+2 4-2)*)97 '!<!! '!<!!
"$D' '!%#!'#%!"$!!$%"D7>422@ ,422@ 5(7*0B-AA c 8>4 5420 "#D"#"$ &D!<!! &D!<!!
"$D' !%#!'#%!"$!!!& 75-28 -); /*)-1 *)07(661*47?0(18(2-1 -287 %%"< %%"<
"$D' $!%#!'#%!"$!!! "$7+(8> 0+()8@ 6478 6478 0+)82+1 72=07?520 $ <!! $ <!!
0+)82+1 *)0
"$D' !!%#!'#%!"$!"%& %7+(8>42) 0-1*/+2)*-: /4, 94) (7-94? !" ":! D$:% $D:$D!& $%< " $%< "
84146>+)4 0+56-)@
"$D' "!%#!'#%!"$!%! "76*2+ 1-); 7(2=4@*)9 *)01-); 7(2=4@*)9 72=07? 63 C 0*6 &:! !<!! &:! !<!!
"$D' !%#!'#%!"$!!''&%78-);-2; *)7(2-)04 ,-7*0 1*/4 *)7(2-)04 6-@54)8 :D" <"% :D" <"%
0+56-)@
"$D' &!%#!'#%!"$!"%'%D78-);-2; *)7(2-)04 =+1()8-2@ 7(66 1*/4 *)7(2-)04 ":"$&<D% ":"$&<D%
0+56-)@6-@54)8
"$D' '!%#!'#%!"$!"' " 780 82-//*0: *)0)+= 782448 1*9>8*)9 61-) ": '< !
24=*43#*)76408*
)+= /*,42 +68*0 0+55()*0-8*+) 7@7 " C! % : !&<% %':%&D<'
"$D' !%#!'#%!"$!"&%&%784=4 -;-5*-. 9+1/ 807; *)782(08+2 4-2)*)97 " '< !
*)782(08*+): -.- 784=4) 1
-;-5*-.
807; *)782(08+2 4-2)*)97 D' <!!
807; *)782(08+2 4-2)*)97 D' <!!
807; *)782(08+2 4-2)*)97 <!! ":D& < !
"$D' $!%#!'#%!"$!!" '84-578427 1+0-1 $""()*+) 545,427>*6 ;(47 6-@54)8 :D% <!! :D% <!!
"$D'&!!%#!'#%!"$!! %!$84540(1- 7()2*74 2+8-2@: B-)C5-2 ,(7 ,4)0> %:%DD<' %:%DD<'
/+();-8*+)61-0454)8#5-*)8
6FGH?"
8:#$')+,1*;8<#$%&'()*+,789%6!J
!"! 6!!6! 53#-./(01(.232#4)5
I0JKLMKNHOP
=8;'(6((>;*?;(4@-0@(=5@A
#$%&'(GD8,%F%;C?ED%+&E*:,*?;5B?>;,(78*C#$%&'(.?,8<
"$D'&"!%#!'#%!"$!" &&835 2++/*)9: *)02++/ 246-*27?B4//427+) 240 %: !<!! %: !<!!
04)842
"$D'&%!%#!'#%!"$!! &!( 7 ,-).82(7844 -;5*) /447?7-2;- ,+);7 D:$ !<!! D:$ !<!!
"' -E,
"$D'&D!%#!'#%!"$!"' '$( 7 >4-18>3+2.7 54;*0-1: 54;*0-1 70244)*)97? >2 D%< ! D%< !
92+(6 60
"$D'& !%#!'#%!"$!"!"&$()*84; 8+3*)9 742=*04 *)08+3*)9 72=07? 84540(1- 6+1*04 $ <!! $ <!!
"$D'& !%#!'#%!"$!"% $(6+;*(5: -.- B+>) =4>*014 5-*)8 7(661*47? 78- $ D" < & D" < &
/+)84@)
"$D'&&!%#!'#%!"$!" " '3-;;148+): B4//24@ 1<807; *)782(08+2 4-2)*)97 ! <!! ! <!!
"$D'&'!%#!'#%!"$!%!%' 3-11-04 E -77+0 ;40 62B8 5958?84540(1- 6-2. E ':' %<!! ':' %<!!
0+)7(18*)9 *)02*;4 !&!$
"$D'& !%#!'#%!"$!!'$ '3-15-287(661*47?-28 54487 70*4)04 $'<!% $'<!%
;45+
"$D'&$!%#!'#%!"$!!"D %3-W*4 7-)*8-2@ 7(661@ *)0014-)*)9 7(661*47?=-2*+(7 6-2. &:! < ' &:! < '
7*847
"$D''!!%#!'#%!"$!!D'D!3478 0+-78 -2,+2*787 *)0"#"C" #"$ 45429 8244 5-*)8?71+647 "'<!!
"#"C" #"$ 8244 5-*)8?0*8@3*;4 2C+C3 %:&&%<!!
"#"C" #"$ 8244 5-*)8?>-2=478+) 71+647 'D&<!! D:$" <!!
"$D''"!%#!'#%!"$!! &'3*80>42 414082*0: -.- *)78-11 +(8148? 020 % <!! % <!!
84224)04 .4=*) 3*80>4
ME8;C(,?,8<(N?E(4@-0@(=5@A6
%:!$%:" <"D
6FGH?"
8:#$')+,1*;8<#$%&'()*+,789%6!K
!"! 6!!6! 53#-./(01(.232#4)5
ME8;C(.?,8<(5<<(#$%&'+6
&$%&'+(*;(,$*+(E%:?E,O
(! I
%:!$%:" <"D
6FGH?"&
ITEM NO . 4
CITY OF TEMECULA
AGENDA REPORT
City Manager/City Council
TO:
Jennifer Hennessy, Director of Finance
FROM:
February26,2019
DATE:
Approve the City Treasurer’s Report asof December 31, 2018
SUBJECT:
PREPARED BY:Rudy J. Graciano, Fiscal Services Manager
RECOMMENDATION:That the City Council approve and file the City Treasurer’s Report
as ofDecember 31, 2018.
BACKGROUND:Government Code Sections 53646 and 41004 require reports to the
City Council regarding the City’s investment portfolio, receipts, and disbursements respectively.
Adequate funds will be available to meet budgeted and actual expenditures of the City for thenext
six months. Current market values are derived from the Local Agency Investment Fund (LAIF)
reports, Union Bank of California trust and custody statements, and from US Bank trust statements.
Attached is the City Treasurer’s Report that provides thisinformation.
The City’s investment portfolio is in compliance with the statement of investment policy and
Government Code Sections 53601 and 53635 as of December31, 2018.
FISCAL IMPACT:None
ATTACHMENTS:City Treasurer’s Report as of December31, 2018
City of Temecula
41000 Main Street
Portfolio Managment Treasury Report
P.O. Box 9033
Portfolio Management
Temecula, CA 92590
(951)694-6430
Portfolio Summary
December 31, 2018
Days toYTMYTM
ParMarketBook% of
Investments
TermMaturity360 Equiv.365 Equiv.
ValueValueValuePortfolio
Managed Pool Accounts43,487,049.5843,487,049.5843,487,049.58135.9312.2472.279
Retention Escrow Account1,411,781.221,411,781.221,411,781.2211.1710.1620.164
Letter of Credit2.002.002.0010.0010.0000.000
Trust Accounts8,907,424.488,907,424.488,907,424.4817.3612.1502.180
Local Agency Investment Funds32,214,459.6032,183,892.1632,214,459.60126.6212.2602.291
Federal Agency Callable Securities25,000,000.0024,765,950.0025,000,000.001,31220.666281.7761.800
Federal Agency Bullet Securities10,000,000.009,960,890.0010,000,000.009798.264361.8781.904
121,020,716.88120,716,989.44121,020,716.88100.00%3531672.0912.120
Investments
Cash
Passbook/Checking
1,359,596.971,359,596.971,359,596.9710.00010.000
(not included in yield calculations)
Total Cash and Investments
122,380,313.85122,076,586.41122,380,313.853531672.0912.120
Total EarningsDecember 31Month EndingFiscal Year To Date
Current Year202,521.19548,694.00
Average Daily Balance123,894,583.01125,213,797.64
Effective Rate of Return1.92%0.87%
__________________________________________________ ____________________
.,
Reporting period 12/01/2018-12/31/2018
Portfolio TEME
Data Updated: SET_MTH: 01/29/2019 12:05
NL! CP
Run Date: 01/29/2019 - 12:05
PM (PRF_PM1) 7.3.0
Report Ver. 7.3.6.1
Portfolio Managment Treasury Report
Portfolio Management
Page 1
Portfolio Details - Investments
December 31, 2018
PurchaseYTMYTMDays to
AverageStatedMaturity
CUSIPInvestment #Issuer
Par ValueMarket ValueBook Value
Date360365Maturity
BalanceRateDate
Managed Pool Accounts
233358001-601-2 BOND FFirst Amer Govt Oblig Fund CI8,320.418,320.418,320.412.2702.2392.2701
233358006-601-2 REF RESFirst Amer Govt Oblig Fund CI506,428.76506,428.76506,428.762.2702.2392.2701
233358000-601-2 REF STFirst Amer Govt Oblig Fund CI86,035.5786,035.5786,035.572.2702.2392.2701
276213009-603-02 COIFirst Amer Govt Oblig Fund CI07/01/20180.000.000.000.0000.0001
276213008-603-02 IMPRFirst Amer Govt Oblig Fund CI554,546.64554,546.64554,546.642.2702.2392.2701
276213006-603-02 RESFirst Amer Govt Oblig Fund CI747,340.81747,340.81747,340.812.2702.2392.2701
164741002-603-03 BOND FFirst Amer Govt Oblig Fund CI0.030.030.031.8001.7751.8001
164741008-603-03IMPFirst Amer Govt Oblig Fund CI271,510.09271,510.09271,510.092.2702.2392.2701
164741006-603-03RESFirst Amer Govt Oblig Fund CI398.60398.60398.602.2702.2392.2701
164741000-603-03SPECFirst Amer Govt Oblig Fund CI208,180.75208,180.75208,180.752.2702.2392.2701
164742002-603-06 BOND FFirst Amer Govt Oblig Fund CI0.000.000.001.6301.6081.6301
164742000-603-06SPECFirst Amer Govt Oblig Fund CI18,498.2218,498.2218,498.222.2702.2392.2701
229462007-603-1 2012 RFFirst Amer Govt Oblig Fund CI42.1442.1442.142.2802.2492.2801
229462002--603-1 BOND FDFirst Amer Govt Oblig Fund CI7,303.927,303.927,303.922.2702.2392.2701
229462009-603-1 COIFirst Amer Govt Oblig Fund CI0.000.000.000.0000.0001
229462006-603-1 RESERVFirst Amer Govt Oblig Fund CI4,291.244,291.244,291.242.2702.2392.2701
229462000-603-1 SPECFFirst Amer Govt Oblig Fund CI96,145.1596,145.1596,145.152.2702.2392.2701
94669921-603-1ACQ11First Amer Govt Oblig Fund CI0.000.000.000.8700.8580.8701
94669911-603-1ACQA11First Amer Govt Oblig Fund CI07/01/20180.000.000.000.0000.0001
94669917-603-1RESFirst Amer Govt Oblig Fund CI07/01/20180.000.000.000.0000.0001
94669916-603-1RESB11First Amer Govt Oblig Fund CI0.000.000.000.0000.0001
94669000-603-1SPTAX11First Amer Govt Oblig Fund CI0.000.000.000.0000.0001
276213002-603-2 REFUFirst Amer Govt Oblig Fund CI7,785.527,785.527,785.522.2702.2392.2701
276213000-603-2 SPECFirst Amer Govt Oblig Fund CI50,170.1550,170.1550,170.152.2702.2392.2701
94686001-603-4ADMIN11First Amer Govt Oblig Fund CI520.23520.23520.232.2702.2392.2701
94686005-603-4PREP11First Amer Govt Oblig Fund CI13.3013.3013.302.2602.2292.2601
94686000-603-4RED11First Amer Govt Oblig Fund CI60,263.8660,263.8660,263.862.2702.2392.2701
94686006-603-4RES11First Amer Govt Oblig Fund CI34,220.6434,220.6434,220.642.2702.2392.2701
276213022-616-01 BOND FFirst Amer Govt Oblig Fund CI39,846.1339,846.1339,846.132.2702.2392.2701
276213023-616-01 CAPINTFirst Amer Govt Oblig Fund CI0.000.000.000.8700.8580.8701
276213029-616-01 COIFirst Amer Govt Oblig Fund CI07/01/20180.000.000.000.0000.0001
276213028-616-01 IMPFirst Amer Govt Oblig Fund CI6,549,580.246,549,580.246,549,580.242.2702.2392.2701
276213026-616-01 RESERVFirst Amer Govt Oblig Fund CI3,173,531.453,173,531.453,173,531.452.2702.2392.2701
276213020-616-01 SPECFFirst Amer Govt Oblig Fund CI125,322.69125,322.69125,322.692.2702.2392.2701
218848001-62017A&B INTFirst Amer Govt Oblig Fund CI07/09/2018162.09162.09162.092.2802.2492.2801
218848008-62017ABPRIORPFirst Amer Govt Oblig Fund CI206,151.60206,151.60206,151.602.2702.2392.2701
Portfolio TEME
Data Updated: SET_MTH: 01/29/2019 12:05
NL! CP
Run Date: 01/29/2019 - 12:05
PM (PRF_PM2) 7.3.0
Report Ver. 7.3.6.1
Portfolio Managment Treasury Report
Portfolio Management
Page 2
Portfolio Details - Investments
December 31, 2018
PurchaseYTMYTMDays to
AverageStatedMaturity
CUSIPInvestment #Issuer
Par ValueMarket ValueBook Value
Date360365Maturity
BalanceRateDate
Managed Pool Accounts
218848013-22017B COIFirst Amer Govt Oblig Fund CI0.000.000.000.0000.0001
218848000-62017B DSFirst Amer Govt Oblig Fund CI22.1522.1522.152.2602.2292.2601
218848009-62017B_PROJFirst Amer Govt Oblig Fund CI12,782,838.0112,782,838.0112,782,838.012.2702.2392.2701
233358009-6233358009-6First Amer Govt Oblig Fund CI07/01/20180.000.000.000.0000.0001
94434160-6RDA-02INTFirst Amer Govt Oblig Fund CI0.000.000.000.0000.0001
94434161-6RDA-02PRINFirst Amer Govt Oblig Fund CI0.000.000.000.0000.0001
107886000-6RDA-06AINTFirst Amer Govt Oblig Fund CI0.000.000.000.0000.0001
107886001-6RDA06APRINFirst Amer Govt Oblig Fund CI0.000.000.000.0000.0001
107886010-6RDA06BINTFirst Amer Govt Oblig Fund CI0.000.000.000.0000.0001
107886011-6RDA06BPRINFirst Amer Govt Oblig Fund CI0.000.000.000.6800.6710.6801
107886016-6RDA06BRESFirst Amer Govt Oblig Fund CI0.000.000.000.9400.9270.9401
107886020-6RDA07INTFirst Amer Govt Oblig Fund CI0.000.000.000.0000.0001
107886021-6RDA07PRINFirst Amer Govt Oblig Fund CI0.000.000.000.9300.9170.9301
107886028-6RDA07PROJFirst Amer Govt Oblig Fund CI0.000.000.000.9400.9270.9401
107886026-6RDA07RESFirst Amer Govt Oblig Fund CI0.000.000.000.9400.9270.9401
136343008-6RDA10APROJFirst Amer Govt Oblig Fund CI0.000.000.000.0000.0001
136343018-6RDA10BPROJFirst Amer Govt Oblig Fund CI0.000.000.000.0000.0001
136343000-6RDA10INTFirst Amer Govt Oblig Fund CI0.000.000.000.0000.0001
136343001-6RDA10PRINFirst Amer Govt Oblig Fund CI07/01/20180.000.000.000.0000.0001
136343006-6RDA10RSRVFirst Amer Govt Oblig Fund CI07/01/20180.030.030.030.0000.0001
146161000-6RDA11AINTFirst Amer Govt Oblig Fund CI0.000.000.000.0000.0001
146161001-6RDA11APRINFirst Amer Govt Oblig Fund CI0.000.000.000.0000.0001
94669902-303-1 BOND3First American Treasury07/01/20180.000.000.000.0000.0001
94434160-1RDA 02 INT1First American Treasury0.000.000.000.0100.0100.0101
94434161-2RDA 02 PRIN2First American Treasury0.000.000.000.0100.0100.0101
136343018-2RDA 10B CIP2First American Treasury0.000.000.000.0100.0100.0101
146161008-3RDA11APROJFederated Institutional Tax Fr0.000.000.000.8000.7890.8001
146161006-3RDA11ARSRVFederated Institutional Tax Fr07/01/20180.000.000.000.0000.0001
94669921-503-01 ACQ11Federated Tax Free Obligations0.000.000.000.2500.2470.2501
94669911-503-01 ACQA11Federated Tax Free Obligations0.000.000.000.2500.2470.2501
94669917-503-01 RESFederated Tax Free Obligations07/01/20180.000.000.000.0000.0001
94669906-503-01 RESA11Federated Tax Free Obligations0.000.000.000.0010.0010.0011
94669916-503-01 RESB11Federated Tax Free Obligations0.000.000.000.2500.2470.2501
94669000-503-01SPTAX11Federated Tax Free Obligations0.000.000.000.2500.2470.2501
164742006-503-06 RESFederated Tax Free Obligations07/01/20180.000.000.000.0000.0001
164742000-503-06 SPECFederated Tax Free Obligations0.000.000.000.2500.2470.2501
Portfolio TEME
Data Updated: SET_MTH: 01/29/2019 12:05
NL! CP
Run Date: 01/29/2019 - 12:05
PM (PRF_PM2) 7.3.0
Portfolio Managment Treasury Report
Portfolio Management
Page 3
Portfolio Details - Investments
December 31, 2018
PurchaseYTMYTMDays to
AverageStatedMaturity
CUSIPInvestment #Issuer
Par ValueMarket ValueBook Value
Date360365Maturity
BalanceRateDate
Managed Pool Accounts
94669902-503-1bond fdFederated Tax Free Obligations07/01/20180.000.000.000.0000.0001
94686001-503-4 ADMIN11Federated Tax Free Obligations0.000.000.000.2500.2470.2501
94686005-503-4 PREP11Federated Tax Free Obligations07/01/20180.000.000.000.0000.0001
94686006-503-4 RES11Federated Tax Free Obligations0.000.000.000.2500.2470.2501
94669917-103-01-1 RESCA Local Agency Investment Fun0.000.000.002.2912.2602.2911
276213008-103-02 IMPCA Local Agency Investment Fun15,361,373.2615,361,373.2615,361,373.262.2912.2602.2911
164742006-103-06 RES-1CA Local Agency Investment Fun317,874.39317,874.39317,874.392.2912.2602.2911
229462007-103-1 2012 RECA Local Agency Investment Fun794,686.01794,686.01794,686.012.2912.2602.2911
94669911-103-1 ACQ A2CA Local Agency Investment Fun0.000.000.002.2912.2602.2911
94669921-103-1 ACQ B2CA Local Agency Investment Fun0.000.000.002.2912.2602.2911
744727011-103-3 ACQ 2CA Local Agency Investment Fun0.000.000.002.2912.2602.2911
164741006-10303-1 RESCA Local Agency Investment Fun1,473,025.811,473,025.811,473,025.812.2912.2602.2911
107886028-1RDA 07 PRO-1CA Local Agency Investment Fun0.000.000.002.2912.2602.2911
107886026-1RDA 07 RES-1CA Local Agency Investment Fun0.000.000.002.2912.2602.2911
136343018-1RDA 10B CIP1CA Local Agency Investment Fun0.000.000.002.2912.2602.2911
229462020-003-01 CASHUSBANK619.69619.69619.690.0000.0001
233358050-101-2 SPECESCU.S. Treasury0.000.000.000.3600.3550.3601
Subtotal and Average43,706,720.0943,487,049.5843,487,049.5843,487,049.582.2472.2791
Retention Escrow Account
NOBEL COMPANYNobel CompBanner Bank0.000.000.000.3700.3650.3701
ARMY CORPSArmy CorpsUnion Bank602,753.04602,753.04602,753.040.3000.2960.3001
218848050-02002 ESCROWUSBANK07/01/20180.000.000.000.0000.0001
218848060-02006AESCROUSBANK07/01/20180.000.000.000.0000.0001
218848070-02006BESCROUSBANK07/01/20180.000.000.000.0000.0001
218848080-02007ESCROWUSBANK07/01/20180.000.000.000.0000.0001
229462020-203-01 ESCROWU.S. Treasury809,028.18809,028.18809,028.180.0630.0620.0631
Subtotal and Average1,401,810.361,411,781.221,411,781.221,411,781.220.1620.1641
Letter of Credit
218848006-12017B RESERASSURED GUARANTY MUNICIPAL COR07/01/20181.001.001.000.0000.0001
233358006-101-2 REFRESIASSURANCE CO BOND INSURANCE07/01/20181.001.001.000.0000.0001
Subtotal and Average2.002.002.002.000.0000.0001
Portfolio TEME
Data Updated: SET_MTH: 01/29/2019 12:05
NL! CP
Run Date: 01/29/2019 - 12:05
PM (PRF_PM2) 7.3.0
Portfolio Managment Treasury Report
Portfolio Management
Page 4
Portfolio Details - Investments
December 31, 2018
PurchaseYTMYTMDays to
AverageStatedMaturity
CUSIPInvestment #Issuer
Par ValueMarket ValueBook Value
Date360365Maturity
BalanceRateDate
Trust Accounts
6746058700PARS PensionUS Bank Trust8,907,424.488,907,424.488,907,424.482.1802.1502.1801
Subtotal and Average9,247,176.178,907,424.488,907,424.488,907,424.482.1502.1801
Local Agency Investment Funds
SYSCITYCITYCA Local Agency Investment Fun15,753,393.2115,738,445.2415,753,393.212.2912.2602.2911
SYSRDARDACA Local Agency Investment Fun1,808.201,806.481,808.202.2912.2602.2911
SYSTCSDTCSDCA Local Agency Investment Fun16,459,258.1916,443,640.4416,459,258.192.2912.2602.2911
Subtotal and Average27,704,782.1832,214,459.6032,183,892.1632,214,459.602.2602.2911
Federal Agency Callable Securities
3130A4G8901207Federal Home Loan Bank03/24/20151,000,000.00992,690.001,000,000.001.6501.6271.65026609/24/2019
3130AAME501226Federal Home Loan Bank01/30/20171,000,000.00982,410.001,000,000.002.0201.9481.9751,12001/25/2022
3130AANA201227Federal Home Loan Bank01/30/20171,000,000.00987,820.001,000,000.001.7501.7261.75057607/30/2020
3130AAW3801228Federal Home Loan Bank03/22/20171,000,000.00998,010.001,000,000.001.5001.4791.5001,17603/22/2022
3130AB3N401231Federal Home Loan Bank04/28/20171,000,000.00990,910.001,000,000.001.5501.5291.55030110/29/2019
3130ABYY601235Federal Home Loan Bank08/24/20171,000,000.00982,180.001,000,000.001.7501.7261.75078502/24/2021
3130ACN8301238Federal Home Loan Bank10/30/20171,000,000.00988,500.001,000,000.001.7001.6771.70050005/15/2020
3130ADFV901241Federal Home Loan Bank01/29/20181,000,000.00994,200.001,000,000.002.2502.2192.25075901/29/2021
3130AFD3801248Federal Home Loan Bank11/27/20181,000,000.001,002,980.001,000,000.003.0002.9593.00069611/27/2020
3134G8QB801219Federal Home Loan Mtg Corp03/29/20161,000,000.00997,380.001,000,000.001.2701.2531.2708703/29/2019
3134G8PP801220Federal Home Loan Mtg Corp03/30/20161,000,000.00981,550.001,000,000.001.5001.6611.68463809/30/2020
3134GBAB801229Federal Home Loan Mtg Corp03/27/20171,000,000.00988,920.001,000,000.001.6701.6471.67045103/27/2020
3134GBGZ901232Federal Home Loan Mtg Corp04/27/20171,000,000.00984,980.001,000,000.002.0001.9641.9911,12201/27/2022
3134GBNK401234Federal Home Loan Mtg Corp05/30/20171,000,000.00987,280.001,000,000.001.6251.6031.62551405/29/2020
3134GBL4201237Federal Home Loan Mtg Corp09/28/20171,000,000.00984,460.001,000,000.001.6701.6471.67063609/28/2020
3134GBR9501239Federal Home Loan Mtg Corp10/30/20171,000,000.00991,640.001,000,000.001.6251.6031.62530210/30/2019
3134GSGF601242Federal Home Loan Mtg Corp03/15/20181,000,000.00999,990.001,000,000.002.6252.5892.62598809/15/2021
3134GSMF901246Federal Home Loan Mtg Corp05/30/20181,000,000.001,004,560.001,000,000.003.0002.9593.0001,60605/26/2023
3136G2EC701205Federal National Mtg Assn02/27/20151,000,000.00998,200.001,000,000.001.3001.2821.3005702/27/2019
3136G2WT001216Federal National Mtg Assn01/27/20161,000,000.00988,130.001,000,000.001.4501.4301.45039101/27/2020
3136G2XH501217Federal National Mtg Assn02/24/20161,000,000.00987,300.001,000,000.001.4001.3811.40041902/24/2020
3136G3CL701218Federal National Mtg Assn03/24/20161,000,000.00979,650.001,000,000.001.4201.4011.42063209/24/2020
3136G3TE501221Federal National Mtg Assn06/29/20161,000,000.00981,380.001,000,000.001.2501.2331.25054506/29/2020
3136G3X5901222Federal National Mtg Assn08/23/20161,000,000.00990,010.001,000,000.001.1001.0851.10023408/23/2019
3136G4ST101247Federal National Mtg Assn06/28/20181,000,000.001,000,820.001,000,000.002.8002.7622.80090906/28/2021
Portfolio TEME
Data Updated: SET_MTH: 01/29/2019 12:05
NL! CP
Run Date: 01/29/2019 - 12:05
PM (PRF_PM2) 7.3.0
Portfolio Managment Treasury Report
Portfolio Management
Page 5
Portfolio Details - Investments
December 31, 2018
PurchaseYTMYTMDays to
AverageStatedMaturity
CUSIPInvestment #Issuer
Par ValueMarket ValueBook Value
Date360365Maturity
BalanceRateDate
Subtotal and Average25,000,000.0025,000,000.0024,765,950.0025,000,000.001.7761.800628
Federal Agency Bullet Securities
3133EEHU701202Federal Farm Credit Bank01/14/20151,000,000.00999,720.001,000,000.001.4101.3911.4101301/14/2019
3133EGJ3001225Federal Farm Credit Bank11/18/20161,000,000.00986,140.001,000,000.001.1001.0851.10032111/18/2019
3133EJT7401249Federal Farm Credit Bank11/15/20181,000,000.001,013,130.001,000,000.003.0503.0083.0501,04911/15/2021
3130A5MH901211Federal Home Loan Bank06/26/20150.000.000.001.3601.3411.3602612/26/2018
3130A8ZV801223Federal Home Loan Bank08/23/20161,000,000.00989,580.001,000,000.001.0000.9861.00023408/23/2019
3130ABDX101233Federal Home Loan Bank05/24/20171,000,000.00995,400.001,000,000.001.4001.3811.40014305/24/2019
3130AC3F901236Federal Home Loan Bank08/10/20171,000,000.00992,020.001,000,000.001.4201.8531.87823908/28/2019
3130ADEB401240Federal Home Loan Bank01/12/20181,000,000.00991,710.001,000,000.002.1252.0962.12574201/12/2021
3130ADR7901243Federal Home Loan Bank03/20/20181,000,000.00996,820.001,000,000.002.3002.2682.30044403/20/2020
3130ADSJ201244Federal Home Loan Bank03/08/20181,000,000.00999,080.001,000,000.002.4602.4262.46079703/08/2021
3130ADXU101245Federal Home Loan Bank04/09/20181,000,000.00997,290.001,000,000.002.3202.2882.32037301/09/2020
Subtotal and Average10,806,451.6110,000,000.009,960,890.0010,000,000.001.8781.904436
123,894,583.01121,020,716.88120,716,989.44121,020,716.882.0912.120167
Total and Average
Portfolio TEME
Data Updated: SET_MTH: 01/29/2019 12:05
NL! CP
Run Date: 01/29/2019 - 12:05
PM (PRF_PM2) 7.3.0
Portfolio Managment Treasury Report
Portfolio Management
Page 6
Portfolio Details - Cash
December 31, 2018
PurchaseYTMYTMDays to
AverageStated
CUSIPInvestment #Issuer
Par ValueMarket ValueBook Value
Date360365Maturity
BalanceRate
Passbook/Checking Accounts
1453718479WORKERS COMPBANK OF AMERICA MERRILL LYNC07/01/201815,031.8915,031.8915,031.890.0000.0001
SYSPetty CashPetty CashCity of Temecula07/01/20183,711.003,711.003,711.000.0000.0001
SYSGen Ck AcctGen Ck AcctUnion Bank of California1,332,447.081,332,447.081,332,447.080.0000.0001
SYSParking CkPARKING CITAUnion Bank of California07/01/20188,407.008,407.008,407.000.0000.0001
Average Balance0.00
1
123,894,583.01122,380,313.85122,076,586.41122,380,313.852.0912.120167
Total Cash and Investments
Portfolio TEME
Data Updated: SET_MTH: 01/29/2019 12:05
NL! CP
Run Date: 01/29/2019 - 12:05
PM (PRF_PM2) 7.3.0
Cash and Investments Report
CITY OF TEMECULA
Through December 2018
Fund #Fund NameBeginning BalanceReceiptsDisbursementsFund Total
001GENERAL FUND$ 9,537,047.6124,008,874.64$ 5,749,628.88$ 27,796,293.37$
002MEASURE S FUND 2,520,877.733,985,365.84 4,134,310.79 2,371,932.78
100STATE GAS TAX FUND 286.90590,476.12 - 590,763.02
102RMRA-ROAD MAINTENANCE REHABILITATION ACT- 166,422.03 71,559.12 94,862.91
103STREETS MAINTENANCE FUND 350,340.20350,159.56 - 700,499.76
120DEVELOPMENT IMPACT FUND 57,530.901,862,450.03 150,449.00 1,769,531.93
125PEG PUBLIC EDUCATION & GOVERNMENT266,794.16 206.81 964.57 266,036.40
145TEMECULA ENERGY EFFICIENCY ASSET TEAM190,679.17 92.65 - 190,771.82
150AB 2766 FUND 36,782.67122,501.29 - 159,283.96
160SUPPLEMENTAL LAW ENFORCEMENT SERVICES99,542.07 8,385.87 - 107,927.94
161TEMECULA MAJOR CRIMES REWARD FUND26,067.38 12.67 - 26,080.05
165AFFORDABLE HOUSING 446.15712,103.61 34,625.79 677,923.97
170MEASURE A FUND 665,824.973,726,488.98 1,052,579.17 3,339,734.78
190TEMECULA COMMUNITY SERVICES DISTRICT1,305,320.07 1,236,922.81 1,781,759.52 760,483.36
194TCSD SERVICE LEVEL "D" REFUSE/RECYCLING259,667.0 123.177 6,176.41 253,613.83
195TCSD SERVICE LEVEL "R" STREET/ROAD MAINT27,044.3 11.784 2,800.00 24,256.12
196TCSD SERVICE LEVEL "L" LAKE PARK MAINT.341,456.1 158.760 14,708.67 326,906.19
197TEMECULA LIBRARY FUND 173,382.07334,091.30 19,918.86 487,554.51
198PUBLIC ART 248.3029,338.61 - 29,586.91
210CAPITAL IMPROVEMENT PROJECT FUND21,665,023.41 2,899,518.58 3,353,288.16 21,211,253.83
275CFD 03-3 WOLF CREEK IMPROVEMENT FUND271,047.33 462.76 - 271,510.09
277CFD-RORIPAUGH 1,012.2816,053,110.20 - 16,054,122.48
278CFD-RORIPAUGH II 11,162.986,538,417.26 - 6,549,580.24
300INSURANCE FUND 5,604.70398,306.80 47,953.80 355,957.70
305WORKER'S COMPENSATION 10,726.851,502,582.69 16,641.77 1,496,667.77
310VEHICLES AND EQUIPMENT FUND2,544,694.46 288,861.54 29,999.78 2,803,556.22
320INFORMATION TECHNOLOGY 7,830.481,740.38 300,366.57 (290,795.71)
325TECHNOLOGY REPLACEMENT FUND906,814.60 125,360.05 - 1,032,174.65
330CENTRAL SERVICES 148.62334,927.38 29,058.26 306,017.74
340FACILITIES 365.72415,148.52 79,373.34 336,140.90
350FACILITY REPLACEMENT FUND 125,031.5683,624.82 143,664.00 64,992.38
380SARDA DEBT SERVICE FUND 7,885,970.1913,292,081.42 7,886,959.45 13,291,092.16
381REDEVELOPMEN PROPERTY TAX TRUST3,400,157.13 - 3,931,823.38 (531,666.25)
460CFD 88-12 DEBT SERVICE FUND 44.4291,421.49 - 91,465.91
472CFD 01-2 HARVESTON A&B DEBT SERVICE627,647.89 1,037.34 378.57 628,306.66
473CFD 03-1 CROWNE HILL DEBT SERVICE FUND1,752,023. 10,337.7416 378.50 1,761,982.40
474AD 03-4 JOHN WARNER ROAD DEBT SERVICE98,283.01 163.43 378.57 98,067.87
475CFD 03-3 WOLF CREEK DEBT SERVICE FUND2,030,890.8 525.202 378.57 2,031,037.45
476CFD 03-6 HARVESTON 2 DEBT SERVICE FUND367,586.31 46.53 378.57 367,254.27
477CFD 03-02 RORIPAUGH DEBT SERVICE FUND825,848.67 1,383.00 378.57 826,853.10
478CFD-RORIPAUGH II 5,701.573,356,796.19 841.50 3,361,656.26
502SERVICE LEVEL"C"ZONE 2 WINCHESTER CREEK71,703.33 49.20 2,318.70 69,433.83
503SERVICE LEVEL"C"ZONE 3 RANCHO HIGHLANDS15,402.68 28.35 3,146.74 12,284.29
504SERVICE LEVEL"C"ZONE 4 THE VINEYARDS1,580.10 21.65 435.84 1,165.91
505SERVICE LEVEL"C"ZONE 5 SIGNET SERIES9,929.38 18.99 2,220.56 7,727.81
506SERVICE LEVEL"C"ZONE 6 WOODCREST COUNTRY20,817.8 28.404 1,226.65 19,619.59
508SERVICE LEVEL"C"ZONE 8 VILLAGE GROVE45,275.71 17.87 8,490.02 36,803.56
509SERVICE LEVEL"C"ZONE 9 RANCHO SOLANA23,617.16 33.47 208.92 23,441.71
510SERVICE LEVEL"C"ZONE 10 MARTINIQUE8,281.38 23.37 544.93 7,759.82
511SERVICE LEVEL"C"ZONE 11 MEADOWVIEW1,861.98 22.59 242.73 1,641.84
512SERVICE LEVEL"C"ZONE 12 VINTAGE HILLS59,471.89 29.25 6,524.55 52,976.59
513SERVICE LEVEL"C"ZONE 13 PRESLEY DEVELOP9,562.74 18.48 2,901.26 6,679.96
514SERVICE LEVEL"C"ZONE 14 MORRISON HOMES1,798.69 20.67 1,126.40 692.96
515SERVICE LEVEL"C"ZONE 15 BARCLAY ESTATES2,995.72 21.80 607.44 2,410.08
516SERVICE LEVEL"C"ZONE 16 TRADEWINDS36,804.83 30.99 1,710.41 35,125.41
517SERVICE LEVEL"C"ZONE 17 MONTE VISTA631.57 22.62 157.42 496.77
518SERVICE LEVEL"C"ZONE 18 TEMEKU HILLS17,849.67 9.52 6,958.66 10,900.53
519SERVICE LEVEL"C"ZONE 19 CHANTEMAR78,876.37 45.31 3,012.62 75,909.06
520SERVICE LEVEL"C"ZONE 20 CROWNE HILL125,706.97 56.15 10,150.16 115,612.96
521SERVICE LEVEL"C"ZONE 21 VAIL RANCH150,467.71 65.48 15,696.16 134,837.03
522SERVICE LEVEL"C"ZONE 22 SUTTON PLACE4,868.08 23.75 259.66 4,632.17
523SERVICE LEVEL"C"ZONE 23 PHEASENT RUN13,706.45 26.97 443.21 13,290.21
524SERVICE LEVEL"C"ZONE 24 HARVESTON27,764.97 9.60 9,592.45 18,182.12
525SERVICE LEVEL"C"ZONE 25 SERENA HILLS40,518.08 27.73 2,510.92 38,034.89
526SERVICE LEVEL"C"ZONE 26 GALLERYTRADITION201.79 22.28 163.04 61.03
527SERVICE LEVEL"C"ZONE 27 AVONDALE4,892.09 22.54 699.20 4,215.43
528SERVICE LEVEL"C"ZONE 28 WOLF CREEK364,315.88 169.57 15,331.70 349,153.75
530SERVICE LEVEL"C"ZONE 30 FUTURE ZONES34,783.99 16.90 - 34,800.89
701PENSION RATE STABILIZATION FUND9,258,501.23$ - 351,076.75 8,907,424.48$
Grand Total:$ 26,137,283.09125,228,782.56$ 29,289,479.24$ 122,076,586.41$
Journal Entries completed after November's Treasurer's Report was issued are reflected in the Receipts / Disbursements columns.
ITEM NO . 5
CITY OF TEMECULA
AGENDA REPORT
City Manager/City Council
TO:
Lisa McConnell, Chief of Police
FROM:
February 26, 2019
DATE:
Approve the Purchase from BMW Motorcycles of Riverside of One BMW
SUBJECT:
Police Motorcycle for the Temecula Police Department
PREPARED BY:Mary Vollmuth, Purchasing Manager
Lt. James Rayls, Temecula Police Department
Deputy Ralph Hernandez, Temecula Police Department
RECOMMENDATION:That the City Council approve the purchasefrom BMW
Motorcycles of Riversideof one BMW Police Motorcycle in the amount of $30,841.66.
BACKGROUND:The Temecula Police Department is committed to obtaining the best
technology to ensure officer safety and enhance enforcement for public safety. BMW Police
motorcycles, model R 1200RT-P, has been utilized by the Temecula Police Department, Traffic
Division,since 2009and continues to provide the best performance, emergency features and
technology for law enforcement.
A Request for Proposal (RFP) to provide and service Police BMW motorcycles was conducted
and awarded to the lowest and most responsive and responsible bidder,BMW Motorcycles of
Riverside,in April 2018.Purchase of the 2019 model BMW motorcycle is required to replacethe
inoperable 2009 Honda Police motorcycle disposed of as surplus property via public auction.
Disposalof the 2009 Honda Motorcycle creates the immediate need for replacement to maintain
traffic patrol standards for public safety. Sufficient funds are available for the purchase of the new
BMW Police motorcycle within the current 2018-19 Temecula Police Department operating
budget.
FISCAL IMPACT:Adequate fundsfor the purchase of one motorcycle are included in
the Fiscal Year 2018-19 Police Department Operating Budget.
ATTACHMENTS:BMW Motorcycles of Riverside R1250 RT-P Pricing Form
ITEM NO . 6
CITY OF TEMECULA
AGENDA REPORT
TO:City Council
Aaron Adams, City Manager
FROM:
February 26, 2019
DATE:
Receive and File Support for Providing Assistance tothe Riverside County
SUBJECT:
District Attorney Cannabis Regulation Taskforce
PREPARED BY:Betsy Lowrey, Senior Management Analyst
RECOMMENDATION:That the City Council receive and file support for providing
assistance tothe Riverside County District Attorney Cannabis Regulation Task Force.
BACKGROUND:The Riverside County District Attorney’s office created a Cannabis
Regulation Taskforce (CRTF) in 2018. Every city within Riverside County has been invited to
participate in the CRTF. The mission of the CRTFis to regulate legitimately licensed cannabis
dispensaries, conduct criminal investigations and prosecute non-licensed criminal enterprises
engaging in the illegal sales, transportation, cultivation and production of cannabis and cannabis
products. The City of Temecula prohibits cannabis dispensaries bylaw, and remains committed to
enforcing its cannabis-related ordinances. The City seeks assistance and resources from the office
of the District Attorney to help ensure legal enforcement of cannabis activity within the City, and
is interested in assistingthe regional CRTF. Cities with police departments join the CRTFand
these cities are required to dedicate one sworn officer from its police force to serve on the CRTF
and enter into a Memorandum of Understanding with the CRTF. Temecula has a contract with
Riverside County Sheriff for Law Enforcement Services. Temecula will request the Sheriff to
deploy a Deputy funded by the City under this Agreement to participate in the CRTFsubject to its
Law Enforcement Services Agreement and the Sheriff’s Memorandum of Understanding with the
CRTF. Additionally, the City of Temecula will provide office space at Temecula City Hallwithout
rentfor the CRTFfor this purpose and other public safety purposes that serve the citizens of
Temecula and further coalesce the relationship between the City, Sheriff and District Attorney.
FISCAL IMPACT:The cost of the Deputy deployed to the CRTF, isappropriately
budgeted within the City’s operating budget under the City’s current Agreement for Law
Enforcement Services with the Riverside County Sheriff’s Department.
ATTACHMENTS:Letter of Interest and Intent
ITEM NO . 7
CITY OF TEMECULA
AGENDA REPORT
City Manager/City Council
TO:
Luke Watson, Director of Community Development
FROM:
February 26, 2019
DATE:
Approve theExclusive Negotiating Agreement Between the City and Stephen A.
SUBJECT:
Bieri Company, Inc., for the Potential Disposition of City-Owned Property
Located at the Northwest Corner of Diaz Road and Dendy Parkway
(APN: 909-370-049 and909-370-050)
PREPARED BY:Lynn Kelly-Lehner, Principal Management Analyst
RECOMMENDATION:That the City Council enter into an Exclusive Negotiating
Agreement (ENA) between the City and Stephen A. Bieri Company, Inc., for the potential
disposition of City-owned property located at the northwest corner of Diaz Road and Dendy
Parkway (APN: 909-370-049 and 909-370-050) (Subject Property).
BACKGROUND:The Subject Property is locatedat thenorthwesterlycorner of the
intersectionof Diaz Road and Dendy Parkway and is approximately 32 acres. The property was
acquired by the City of Temecula in 1992. For several years, the former Temecula
Redevelopment Agency and City have pursued several projects on the property. However,no
prospective buyerswere successful at acquiring the necessary financing to complete the
development. Bieriis proposing to purchasethe Subject Property for the development of an
18-acrewater park.
The initial terms of the ENA are expected to include a negotiating term of ninemonths with
threeadministrative extensions,totaling thirty (30) days each. The goal during the ENA term
will be to negotiate the specific terms of the sale including purchase price, detailed plan for the
proposed development, conditions that must be satisfied for the City to close the transaction, and
timeline for completion. The City will conduct an updatedappraisal previously completed for the
Subject Property to determine current market value.
FISCAL IMPACT:If the sale or lease of the Subject Property is completed, all
proceeds of the sale or lease will be required to be deposited in the City’s Affordable Housing
Fund for future allocation to affordable housing development.
ATTACHMENTS:Draft Exclusive NegotiatingAgreement
DRAFT
EXCLUSIVE NEGOTIATING AGREEMENT
This EXCLUSIVE NEGOTIATING AGREEMENT(this “ENA”) is dated as of February
26, 2019, and is entered into by and between the CITY OF TEMECULA, a municipal
corporation (the “City”) and THE STEPHEN A. BIERI COMPANY, INC., a California
corporation (the “Purchaser”).
R E C I T A L S
A.The Cityowns the land in the City of Temecula, State of California that is
described in Attachment No. 1(the “Site”).
B.The City desires to sell the Site and desires that a mixed-use development be
constructed thereon, includinga water park.
C.The Cityhas instructed the City’s staff to proceed with this ENA between City
and Purchaserto negotiate on an exclusive basis to establish the terms and conditions of an
agreement (“Agreement”)that would result in the sale of the Site by City to Purchaser and the
development of the Site with the understanding that neither party shall be under any obligation to
reach agreement on the terms thereof.
D.The Purchaserand the Cityare willing to enter into this ENA setting forth, among
other things, the terms pursuant to which the Citywill negotiate with the Purchaseron an
exclusive basis for a limited period regarding the proposed Agreement.
NOW, THEREFORE, the Parties hereto agree as follows:
1.The term of this ENAshall commence on the date hereof and shall end nine (9)
calendar months thereafter (“Initial Negotiation Period”).
If an Agreement has not been signed and approved within the Initial Negotiation
Period, and the Purchaser is using good faith efforts to negotiate diligently as determined by the
City Manager, then the Initial Negotiation Period may be extended in writing by the City
Manager for up to three periods of thirty (30) days each to enable the Purchaser and the City to:
(1) determine whether each desires to enter into anAgreement; (2) hold any public hearings
required by laws and take the action necessary to authorize the City to approve the Agreement;
and (3) sign and deliver the Agreement.
The Initial Negotiation Period, as so extended, is hereinafter referred to as the
“ENA Period.”
2.During the ENA Period, the Cityshall not negotiate with any person or entity
other than the Purchaserfor the sale, lease,or development of the Site, exceptthat the City may
lease the Site to one or more vehicle dealers for overflow vehicle parking during the ENA
Period.
-1-
3.Throughout the ENA Period, City staff shall use good faith efforts to be
reasonably available to meet with the Purchaserto discuss the proposed Agreement and shall
prepare and review drafts of the Agreement.
4.The Purchasershall bear all costs and expenses of any and all title, environmental,
physical, engineering, financial, and feasibility investigations, reports and analyses and other
analyses or activities performed by or for the Purchaser.
5.The Purchaserand the Cityunderstand and agree that neither Party is under any
obligation whatsoever to enter into anAgreement. In the event of the expiration or earlier
termination of this ENA, the Cityshall be free at the City's option to negotiate with any persons
or entities with respect to the sale, lease and/or development of the Site.
6.This ENAmay not be assigned by the Purchaserwithout the prior express written
consent of the Cityin its sole and absolute discretion.
7.Any notice, request, approval or other communication to be provided by one Party
to the other shall be in writing and provided by personal service or a reputable overnight delivery
service (such as Federal Express) and addressed as follows:
If to the City:
City of Temecula
41000 Main Street
Temecula, California 92590
Attn: City Manager
with a copy to:
Richards, Watson& Gershon
355 South Grand Avenue, 40th Floor
Los Angeles, California 90071-3101
Attn: Peter Thorson
If to the Purchaser:
The Stephen A. Bieri Company, Inc.
17150 Via del Campo, Suite 101
San Diego, CA 92127-2137
Attn: Stephen A. Bieri, President
8.This ENAconstitutes the entire agreement of the Parties hereto with respect to the
specific subject matter hereof. There are no other agreements or understandings between the
Parties with respect to the subject matter hereof or any related subject and no representations by
either Partyto the other have been made as an inducement to enter into this ENA. All prior
negotiations between the Parties are superseded by this ENA.
-2-
9.This ENAmay not be altered, amended or modified except by a writing executed
by all Parties.
10.If any Party should bring any legal action or proceeding relating to this ENAor to
enforce any provision hereof, or if the Parties agree to arbitration or mediation relating to this
ENA, the Party in whose favor a judgment or decision is rendered shall be entitled to recover
reasonable attorneys' fees and expenses from the other. The Parties agree that any legal action or
proceeding or agreed-upon arbitration or mediation shall be filed in and shall occur in the County
of Riverside.
11.The interpretation and enforcement of thisENAshall be governed by the laws of
the State of California.
12.Time is of the essence of each and every provision hereof.
13.This ENAmay be executed in counterparts, each of which shall be deemed an
original, but all of which together shall constitute one and the same ENA, and such executed
counterparts may be delivered by email/PDF.
IN WITNESS WHEREOF, the parties hereto have executed this ENAas of the day and
year first written above.
PURCHASER:
THE STEPHEN A. BIERI COMPANY, INC.,
a California corporation
By:
Stephen A. Bieri, President
CITY:
CITY OF TEMECULA,
a municipal corporation
By:
Michael S. Naggar, Mayor
ATTEST:
Randi Johl, City Clerk
APPROVED AS TO FORM:
Peter M. Thorson, CityAttorney
-3-
ATTACHMENT NO. 1
DESCRIPTION OF SITE
Real property in the City of Temecula, County of Riverside, State of California, described as
follows:
THAT PORTION OF PARCEL 1 OF PARCEL MAP NO. 4646, IN THE CITY OF
TEMECULA, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS PER MAP
RECORDED IN BOOK 6 PAGE 75 OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY
RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS:
BEGINNING AT THE MOST NORTHERLY CORNER OF SAID PARCEL 1; THENCE
ALONG THE NORTHEASTERLY LINE OF SAID PARCEL 1 (SAID NORTHEASTERLY
LINE ALSO BEING THE CENTERLINE OF A RIVER CHANNEL EASEMENT TO THE
COUNTY OF RIVERSIDE), SOUTH 41°42'22" EAST 19.08 FEET TO THE BEGINNING OF
A TANGENT 4000.00 FOOT RADIUS CURVE CONCAVE NORTHEASTERLY; THENCE
SOUTHEASTERLY ALONG THE ARC OF SAID CURVE THROUGH A CENTRAL
ANGLE OF 6°36'30", A DISTANCE OF 461.35 FEET; THENCE TANGENT TO SAID
CURVE SOUTH 48°18'52" EAST 482.01 FEET; THENCE LEAVING SAID
NORTHEASTERLY BOUNDARY SOUTH 43°58'46" WEST 1,387.89 FEET TO THE
BEGINNING OF A TANGENT 850.00 FOOT RADIUS CURVE CONCAVE
NORTHWESTERLY; THENCE SOUTHWESTERLY ALONG THE ARC OF SAID CURVE,
THROUGH A CENTRAL ANGLE OF 25°52'42" A DISTANCE OF 383.91 FEET; THENCE
NORTH 41°50'22" WEST 1,001.63 FEET; THENCE NORTH 48°09'30" EAST 1,680.60 FEET
TO THE POINT OF BEGINNING.
ITEM NO . 8
CITY OF TEMECULA
AGENDA REPORT
City Manager/City Council
TO:
Patrick Thomas, Director of Public Works/City Engineer
FROM:
February 26, 2019
DATE:
Approve Specifications, and Authorize Solicitation of Construction Bids for
SUBJECT:
Pavement Rehabilitation Program –Enterprise Circle West and South, Rider
Way and Commerce Center Drive, PW18-12
PREPARED BY:Kendra Hannah-Meistrell, Senior Civil Engineer
ChrisWhite, Associate Engineer II
RECOMMENDATION:That the City Council:
1.Approve the specifications, and authorize the Department of Public Works to solicit
construction bids for the Pavement Rehabilitation Program –Enterprise Circle
West and South, Rider Way and Commerce Center Drive, PW18-12;
2.Make a finding that this project is exempt from CEQA per Article 19, Categorical
Exemption, Section 15301, Existing Facilities, of the CEQA Guidelines.
BACKGROUND:As part of the Capital Improvement Program and Budget for Fiscal
Year 2019-23, the City Council approved appropriations to support a Citywide Pavement
Rehabilitation Program that would implement the recommended maintenance activities identified
in the previously completed Pavement Management Program update (PMP). The PMP prioritized
the areas in need of repairs and identified the recommended method for these repairs.
Using the PMP, staff selected several locations throughout the City based on its ranking on the
PMP report, economy of scale, and the available budget. The following four locations were
selected for rehabilitation at this time:
1.Enterprise Circle West –Enterprise Circle Southto Commerce Center Drive,
2.Enterprise Circle South –Winchester Road to Winchester Road(loop),
3.Rider Way –Enterprise Circle West to Commerce Center Drive,
4.Commerce Center Drive –Rider Way to Via Montezuma.
Work generally consist of localized dig outs, installation of Asphalt Rubber Aggregate Membrane
(ARAM)and cap with type II slurry seal. Work also includes reconstruction of ADA ramps,
remove and replace curb and gutter, remove and replace driveway spandrel, adjustment of existing
utilities to grade, and restoration of existing signing, striping, and pavementmarkers. Majority of
the work will be done at night.
Project Specifications are complete and the project is ready to be advertised for construction bids.
The contract documents are available for review in the office of the Director of Public Works.
The Engineer’s Construction Estimate is $550,000 and numberof allowable working days is 45.
This project is exempt from the CEQA requirements pursuant to Article 19, Categorical
Exemption, Section 15301, Existing Facilities, of the CEQA Guidelines. Section 15301 states that
the repair and maintenance of existing highways, streets, and gutters are Class 1 activities, which
are exempt from CEQA.
FISCAL IMPACT:The Pavement Rehabilitation Program -Citywide is identified in the
City’s Capital Improvement Program,Fiscal Years 2019-23, and is funded with General Fund,
Gas Tax, Measure A and Road Repair and Accountability Act (RMRA) Funds(SB 1). Adequate
funds are available in the project accounts to construct the project.
ATTACHMENTS:1.Project Description
2.Project Location Map
REHABILITATION AREA
PROJECT: Enterprise Circle West, South, Rider Way and Commerce Center Drive PROJECT: Enterprise Circle West, South, Rider Way and Commerce Center Drive PW 18-12
SUBJECT: Pavement Rehabilitation Program
DATE: February 26, 2019
ITEM NO . 9
CITY OF TEMECULA
AGENDA REPORT
City Manager/City Council
TO:
Patrick Thomas, Director of Public Works/City Engineer
FROM:
February 26,2019
DATE:
Approve an Agreement with Courtesy Chevrolet Center for the Purchase of Two
SUBJECT:
(2) 2019 Chevrolet 2500HD LT Double Cab 4 X 4 Vehicles
PREPARED BY:Julie Tarrant, Senior Management Analyst
RECOMMENDATION:That the City Councilapprove an agreement with Courtesy
Chevrolet Center, in the amount of $82,569.86, for the purchase of two (2) 2019 Chevrolet
2500HD LT Double Cab 4 X 4 Vehicles.
BACKGROUND:OnDecember 12, 2018, the Public Works Department electronically
posted on theCity of Temecula online bidding services, Planet Bids, a Request for Quote (RFQ)
for the purchase of two (2) new Chevrolet 2500HD LT Double Cab 4 X 4 Vehicles, RFQ No. 041.
The solicitation specifiedboth factory standard equipment and specialized equipment to include,
two cab-high fiberglass camper shells, auxiliary battery equipped and heavy-duty trailer towing
equipment.
We received one (1) bid by the submission deadline of January 3, 2019 from Courtesy Chevrolet
Center, located in San Diego. The estimated cost identified in the Fiscal Year 2018-19 Annual
Operating Budget, Capital Outlay was $88,000. The proposed quote of $41,284.93 per vehicle,
was assessed and consideredafair market and reasonable price, and resulted in an overall budget
savings of approximately $5,400. The purchase of two (2) Chevrolet 2500HD LT Double Cab 4
X 4 Vehicles will provide for vehicle replacements to serve the Fire Department. Pursuant to the
City’s purchasing policy, staff recommends the authorization of the purchase for the two (2)
Chevrolet 2500HD LT Double Cab 4 X 4 Vehicles.
FISCAL IMPACT:The purchase of two (2) heavy-dutytruck vehicles is included, and
adequate funds are available in the Fiscal Year 2018-19 Annual Operating Budget, Capital Outlay
Vehicle Replacement Fund, Measure S.
ATTACHMENTS:Purchase Agreement
ITEM NO . 10
CITY OF TEMECULA
AGENDA REPORT
City Manager/City Council
TO:
Patrick Thomas, Director of Public Works/City Engineer
FROM:
February26,2019
DATE:
Approve an Agreement for Consultant Services with NV5, Inc., for the
SUBJECT:
Margarita Recreation Center Project, PW17-21
PREPARED BY:Avlin Odviar, Senior Civil Engineer
Nino Abad, Associate Civil Engineer
RECOMMENDATION:That the City Council:
1.Approve an Agreement for Consultant Services with NV5, Inc.,in the amount
of $880,365,for the Margarita Recreation Center Project, PW17-21;
2.Authorize the City Manager to approve extra work authorizations not to exceed
the contingency amount of $88,036.50, which is equal to 10% of the Agreement
amount.
BACKGROUND:The Margarita Recreation Center (MRC) is an existing building with
pool located within Margarita Community Park at 29119 Margarita Road. For many years, the
MRC building was utilized by the YMCA to run its youth development and community service
programs. In 2012, the building was acquired by the City. Currently, the Temecula Community
Service District (TCSD) provides a variety of community programs and classes at the MRC.
There have been several assessments of the building regarding retrofit, repair, and/or expansion to
address building deficiencies along with the need to expand uses of the facility. Most recently, the
Margarita Recreation Center Community Needs Assessment was completed in2017. Ultimately,
it was determined that a complete demolition of the existing facility and replacement with a new
building and pool would best address the needs of the City and community. Furthermore, City staff
considers delivery of these improvements via Design-Build methodology to be suitable and
advantageous. This is the City’s first Design-Build project.
The Department of Public Works advertised Request for Proposal (RFP) No. 227 on November 5,
2018 and received six (6) proposals on December 5, 2018.On December 19, 2018 staff interviewed
the top three (3) proponents. The interview panel, which consisted of staff from both Public Works
and TCSD, selected NV5, Inc. as the most qualified candidate to provide all the services required
in the RFP.
The scope of work for NV5 generally consists of surveying, geotechnical investigation,
preliminary engineering, and architectural design services to complete a concept design and
bridging documents. The bridging documents, which will include construction andtechnical
requirements for the project, will then be incorporated into a future RFP to recruit the Design-
Build Team (DBT) that will ultimately finalize the design and construct the project. NV5’s scope
of work also includes construction management, inspection, special inspection, and other functions
to assist staff in the oversight of the DBT throughout the entire project.
FISCAL IMPACT:The Margarita Recreation Center, PW 17-21 is included in the
City’s Capital Improvement Program (CIP) Budget for Fiscal Year 2019-23 and is funded with the
2018 Lease Financing proceeds, Measure S and Police Facilities DIF. Adequate funds are available
in the project accounts for the agreement amount of $880,365.00 plus a 10% contingency of
$88,036.50, for a total obligationof $968,401.50.
ATTACHMENTS:1.Agreement
2.Project Description
3.Project Location
Capital Improvement Program
Fiscal Years 2019-23
MARGARITA RECREATION CENTER
Infrastructure / Other Project
ProjectDescription:ThisprojectconsistsofconstructionofanewrecreationcenterinMargaritaCommunityParkinplaceoftheformer
YMCAbuilding.Theprojectincludesthedemolitionoftheexistingbuildingandpool,constructinganewbuildingandpoolasdeterminedbya
CommunityNeedsAssessmentandavailablebudget.Constructionwillbephasedduetobudgetaryconstraints.TheInformationTechnology
Equipment covers camera system infrastructure, access control, Public Wi-Fi and other identified Information Technology needs..
Benefit/CoreValue:ThisprojectwillprovidetheCityanewfacilitytomeettheincreasingdemandsofrecreationalprograms.Inaddition,
this project satisfies the Citys Core Value of a Healthy and Livable City and A Safe and Prepared Community.
Project Status: Concept Design started in FY17/18. Final design and environmental approval anticipated in FY18/19.
Department: Public Works/Temecula Community Services- Account No. 210.165.692 Level: I
Prior Years FYE 2018 2018-19 2022-23
Project Cost:
Actual Carryover Adopted 2019-20 2020-21 2021-22 Projected and Total Project
ExpendituresBudgetAppropriationProjectedProjectedProjectedFuture YearsCost
Administration$ 100,0657,735$ 615,000$ $ 722,800
Construction
$ 6,132,735$ 6,132,735
Construction Engineering$ 520,000$ 520,000
Design/Environmental
$ 538,973$ 538,973
Information Technology
$ 200,000540,000$ $ 740,000
Totals$ 7,735$ 639,038$ 7,287,735$ 720,000$ -$ - $ -$ 8,654,508
Prior Years FYE 2018 2018-19
Source of Funds:
Actual Carryover Adopted 2019-20 2020-21 2021-22 2022-23 Total Project
ExpendituresBudgetAppropriationProjectedProjectedProjectedProjectedCost
DIF (Police Facilities)
$ 140,000$ 140,000
Measure S$ 639,0387,735$ 747,735$ 720,000$ $ 2,114,508
Capital Financing
$ 6,400,000$ 6,400,000
Total Funding:$ 7,735$ 639,038$ 7,287,735$ 720,000$ -$ - $ -$ 8,654,508
Future Operation & Maintenance
2018-192019-202020-212021-222022-23
Costs:
$ 730,000$ 744,600$ 759,492$ 774,682
MARGARITA RECREATION CENTER
Infrastructure / Other Project Location
Feet
050100200
Aerial Data - 2015
114
ITEM NO . 11
CITY OF TEMECULA
AGENDA REPORT
City Manager/City Council
TO:
Patrick Thomas, Director of Public Works/City Engineer
FROM:
February 26,2019
DATE:
Approve a Non-Exclusive Commodity Agreement with Musco Sports Lighting,
SUBJECT:
LLC, forthe Purchase of Multi-Use Field Lighting Equipmentat Pala Park
Soccer Field
PREPARED BY:Julie Tarrant, Senior Management Analyst
RECOMMENDATION:That the City Councilapprove aNon-Exclusive Commodity
Agreement with Musco Sports Lighting, LLC, for the purchase of Multi-Use Field Lighting
Equipment, in the amount of$61,987.50 for the Sports Field Lighting –LED Conversion Project
at Pala Park Soccer Field.
BACKGROUND:In October 2018, the Public Works Department obtained a quotation
from Musco Sports Lighting, LLC, for the replacement and LED conversion of the current metal
halide sports field lighting for the soccer fields at Pala Park. The new LED lighting system will
includea Sports Cluster System with Total Light Control –TLC for LED technology, and reduce
energy and maintenance costs by 50%-85% over typical 1500W metal halide lamps.
Musco Sports Lighting, LLC is an industry leader, specializing in the design and manufacture of
sports and transportation/infrastructure lighting, offering permanent and temporary lighting
systems for new and retrofit projects. Musco lighting systems areutilized in public and private
applications, including schools, cities,facility owners, and transportation operators. Musco Sports
Lighting, LLC, has been awarded a contract, in compliance with the Request for Proposal (RFP)
#082114, through Sourcewell, formerly known as the National Joint Powers Alliance (NJPA), for
Indoor/Outdoor Athletic Surfacing with Related Equipment Products, Supplies, Installation and
Services. The contract agreement between Musco Sports Lighting, LLC and Sourcewell is in effect
to 09/16/19. As a member agency, the City can procure certain services and equipment through
Sourcewell and save time and resources. Staff therefore recommends the approval of this
agreement with Musco Sports Lighting, LLC for the purchase of LED fixtures for the Pala Park
Soccer Field.
FISCAL IMPACT:Adequate funds are available in the Sports Field Lighting –LED
Conversion Project, as identified in the Capital Improvement Program Fiscal Years 2019-2023,
with Measure S Funds.
ATTACHMENTS:Agreement
ITEM NO . 12
CITY OF TEMECULA
AGENDA REPORT
City Manager/City Council
TO:
Patrick Thomas, Director of Public Works/City Engineer
FROM:
February 26,2019
DATE:
SUBJECT:
Approve Funding Agreement Between the City of Temecula and Riverside
County Flood Control and Water Conservation District for Cleanup of Trash,
Debris and Other Items on District Owned Property
PREPARED BY:Julie Tarrant, Senior Management Analyst
RECOMMENDATION:That the City Council adopt a resolution entitled:
RESOLUTIONNO. 19-
ARESOLUTIONOF THE CITY COUNCILOF THE CITY
OF TEMECULAAPPROVING A FUNDINGAGREEMENT
WITH THE RIVERSIDE COUNTY FLOOD CONTROL AND
WATER CONSERVATION DISTRICT AND FINDING THE
CITY’S ACTION EXEMPT FROM CEQA
BACKGROUND:The Riverside County Flood Control and Water Conservation
District (District) is the regional flood management authority for the western part of Riverside
County. The Flood Control District is a special district rather than a County Department, and
provides floodplain management, development review, NPDES compliance, etc., for the entire
County. Unlike a County Department, the District has authority to expend tax dollars within city
boundaries and unincorporated areas.
The District owns, operates and maintains a large portion of the major creeks and flood control
channels in the City of Temecula, including areas within Murrieta Creek, Temecula Creek and
Santa Gertrudis Creek. Due to use on District owned property as homeless encampments,
significant amounts of trash, debris, abandoned personal property and other similar material
accumulate in the creek beds and waterways. The City and the District have mutually agreed for
the need to provide cleanup services on District property to maintain the efficiency of the flood
control and water conservation facilities, the integrity of the natural state of the property, and to
reduce the risk of soil and water contamination. The City and District have worked cooperatively
to regularly remediate these sitesover the past year.
The attached Funding Agreement gives the City and its contractors permission to enter District
property for removing materials from the property either at the District’s request, or as determined
by city staff, that such materials are present on District property. The agreement provides that the
District shall reimburse the City for its costs of performing the work, including the cost of
contractors working on behalf of the City. The Agreement requires the City to follow the Material
Removal Procedures outlined in Exhibit B, and keep District apprised of its efforts to remove
materials from District owned properties.
The total amount of payment to the City shall not exceed $50,000 for the term of this Agreement,
which expires on June 30, 3019. The Agreement may be renewed in future years by mutual
agreement of the City and District.
FISCAL IMPACT:The Funding Agreement authorizes the City to perform material
removal serviceson District owned property and District shall reimburse the City up to $50,000
during term of the agreement. The anticipated City expenses incurred for the purposes of cleanup
on District owned property will not exceed $50,000 limit.
ATTACHMENTS:1.Resolution
2.Funding Agreement
RESOLUTIONNO. 19-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF TEMECULAAPPROVING A FUNDINGAGREEMENT
WITH THE RIVERSIDE COUNTY FLOOD CONTROL AND
WATER CONSERVATION DISTRICT AND FINDING THE
CITY’S ACTION EXEMPT FROM CEQA
THE CITY COUNCIL OF THE CITY OF TEMECULADOES HEREBY RESOLVEAS
FOLLOWS:
1.Recitals.The City Council finds, determines and declares that:
A.The Riverside County Flood Control District (‘District’) owns property in the City that
is used for flood control and water conservation facilities and open space.
B.At various times, significant amounts of trash, debris, biological material, abandoned
personal property and other similar material accumulate on the District’s property. The
District must clean up such materials in order to maintain the efficiency of the flood
control and water conservation facilities, the integrity of the natural state of property,
and to reduce the risk of soil and water contamination.
C.In order to implement, the parties desire to allow the City and its agents and contractors
to enter the District’s property for the purpose of removing the trash, debris, biological
material, abandoned personal property and other similar material accumulate on
District’s property, the City and the District will need to enter into a Funding
Agreement.
D.In accordance with the California EnvironmentalQuality Act (CEQA), the City’s
approval of theFunding Agreement is exempt from CEQA and further environmental
review and a Notice of Exemption will be filed in compliancewith CEQA under
Section 15061 (b)(3) of the CEQA Guidelines. The City will be removing trash, debris,
biological material, abandoned personal property and other similarmaterial that
accumulateon District’s property which will help maintainthe District’s flood control
and water conservation facilities and open space in the natural condition and reduce the
risk of soil and water contamination. As such, there is not possibility that the proposed
agreement will have a significant effect on the environment.
2.Approval of Funding Agreement.The City Council hereby approves the ‘Funding
Agreement’ between the City and the District.
3.City Manager Authority.The City Manager is authorized and directed to take all
actions necessary and convenient to implement the Funding Agreement described in this resolution
and to enter into such additional agreements as may be necessary and convenient to implement the
Funding Agreement.
4.Certification.The City Clerk Shall certify the adoption of this Resolution.
PASSED, APPROVED, AND ADOPTEDby the City Council of the City of Temecula
th
this26dayofFebruary,2019.
Michael S. Naggar, Mayor
ATTEST:
Randi Johl, City Clerk
\[SEAL\]
STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE) ss
CITY OF TEMECULA)
I, Randi Johl, City Clerk of the City of Temecula, do hereby certify that the foregoing
ResolutionNo. 19-was duly and regularly adopted by the City Council of the City of Temecula
th
at a meetingthereof held on the 26day of February, 2019, by the following vote:
AYES:COUNCILMEMBERS:
NOES:COUNCILMEMBERS:
ABSTAIN:COUNCILMEMBERS:
ABSENT:COUNCILMEMBERS:
Randi Johl, City Clerk
ITEM NO . 13
CITY OF TEMECULA
AGENDA REPORT
City Manager/City Council
TO:
Patrick Thomas, Director of Public Works/City Engineer
FROM:
February26,2019
DATE:
Approve Application for the CAL FIRE Urban Forestry Grant Program through
SUBJECT:
the California Proposition 68 Bond Fund
PREPARED BY:Julie Tarrant, Senior Management Analyst
RECOMMENDATION:That the City Council adopt a resolution entitled:
RESOLUTIONNO. 19-
ARESOLUTIONOF THE CITY COUNCILOF THE CITY
OF TEMECULAAPPROVING THE APPLICATION FOR
THECITYOFTEMECULAURBANFOREST
MANAGEMENT PLAN AND INVENTORY FOR FUNDING
FROM THE URBAN FORESTRY GRANT PROGRAM
BACKGROUND:InNovember 2018,the Public Works Departmentsubmitted a
Concept Proposalto CAL FIRE for the Urban and Community Forestry Program, Proposition 68
Bond Fund Grant Program. The Concept Proposal for the Temecula Urban Forest Management
Plan and Inventoryprojectis to develop a tree inventory and canopy assessment, and create an
Urban Forest Management Plan.Primary objectives of the program include: community
engagement, improve the Urban Forest in Disadvantaged Communities, enhance local air quality,
plant approximately 300 trees, increase canopy coverage, reduce storm water runoff, and reduce
tree loss due to disease or insect infestation.
CAL FIRE, under the authority of the Urban Forestry Act (PRC 4799.06 -4799.12)the Urban &
Community Forestry Program (UCF) works to expand and improve the management of trees and
relatedvegetation in communities throughout California. The mission of the California
Department of Forestry and Fire Protection's Urban Forestry Program is to lead the effort to
advance the development of sustainable urban and community forests in California. Trees provide
energy conservation, extend the life of surface streets, improve local air, soil and water quality,
reduce atmospheric carbon dioxide, improve public health, provide wildlife habitat and increase
property values.
On January 25, 2019, we were notified that the City’s Concept Proposal was selected to submit a
full project application for consideration of grant program funds. Pursuant to the grant program
guidelines it is necessary to submit the full application, along with a Council adopted resolution
approving the application for the City of Temecula Urban Forest Management Plan and Inventory
for funding from the Urban Forestry Grant Program.
FISCAL IMPACT:The requestedprogram grant fundstotal $323,930, and a local match
of $115,415, for a total project cost of $439,345. If awarded program grant funding, the
appropriation of Measure S funds to support the City local match would not exceed $115,415.
ATTACHMENTS:Resolution
RESOLUTIONNO. 19-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF TEMECULAAPPROVING THE APPLICATION FOR
THECITYOFTEMECULAURBANFOREST
MANAGEMENT PLAN AND INVENTORY FOR FUNDING
FROM THE URBAN FORESTRY GRANT PROGRAM
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULAFOR
FUNDING FROM THE URBAN FORESTRY GRANT PROGRAM ENTITLED TEMECULA
URBAN FOREST MANAGEMENT PLAN AS PROVIDEDTHROUGH THE CALIFORNIA
PROPOSITION 68 BOND FUND, DOES HEREBY RESOLVEAS FOLLOWS:
WHEREAS, the Governor of the State of California in cooperation with the California
State Legislature has enacted the California Proposition 68 Bond Fund, which provide funds to the
State of California and its political subdivisions for Urban and Community Forestry Programs;
WHEREAS, the State Department of Forestry and Fire Protection has been delegated the
responsibility for the administration of the program within the State, setting up necessary
procedures governing application by local agencies and non-profit organization under the program,
and
WHEREAS, said procedures established by the State Department of Forestry and Fire
Protection require the applicant to certify by resolution the approval of application before
submission of said application to the State; and
WHEREAS, the applicant will enter into an agreement with the State of Californiato carry
out an urban and community forestry project;
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Temecula;
1.Approved the filing of anapplication for ‘Proposition 68 Bond Fund” grant
program funds; and
2.Certifies that funds under the jurisdiction of the City of Temecula are available
to begin the project;
3.Certifies that said applicant will expend grant funds prior to March 30, 2022;
4.Appoints the City Manager as agent of the City of Temecula to conduct all
negotiations, execute and submit all documents including, but not limited to
applications, agreement, amendments, payment requests, etc., which may be
necessary for the completion of theaforementioned project.
PASSED, APPROVED, AND ADOPTEDby the City Council of the City of Temecula this
th
26dayofFebruary,2019.
Michael S. Naggar, Mayor
ATTEST:
Randi Johl, City Clerk
\[SEAL\]
STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE) ss
CITY OF TEMECULA)
I, Randi Johl, City Clerk of the City of Temecula, do hereby certify that the foregoing
ResolutionNo. 19-was duly and regularly adopted by the City Council of the City of Temecula
th
at a meetingthereof held on the 26day of February, 2019, by the following vote:
AYES:COUNCILMEMBERS:
NOES:COUNCILMEMBERS:
ABSTAIN:COUNCILMEMBERS:
ABSENT:COUNCILMEMBERS:
Randi Johl, City Clerk
TEMECULA COMMUNITY
SERVICES DISTRICT -
CONSENT
ITEM NO . 14
ACTION MINUTES
TEMECULA COMMUNITY SERVICES DISTRICTMEETING
COUNCIL CHAMBERS
41000 MAIN STREET
TEMECULA, CALIFORNIA
FEBRUARY 12, 2019
CALL TO ORDERat 7:41PM: President James "Stew" Stewart
ROLL CALL: Edwards, Naggar, Rahn, Schwank, Stewart
CSDPUBLIC COMMENTS
None
CSD CONSENT CALENDAR
Unless otherwise indicated below, the following pertains to all items on the Consent Calendar.
Approved the Staff Recommendation (5-0): Motion by Edwards, Second by Schwank. The
electronic vote reflected unanimous approval.
18.Approve the Action Minutes of January 22, 2019
Recommendation: That the Board of Directors approve action minutes of
January 22, 2019
19.Approve Financial Statements for the 1st Quarter Ended September 30, 2018
Recommendation:That the Board of Directors receive and file the Financial
Statements for the 1st Quarter Ended September 30, 2018.
20.Approve the Amended and Restated Cooperation Agreement with Temecula Valley
Museum, Inc. for Operation of the Wedding Chapel, Courtyard, and Concessions Facility
Recommendation:That the Board of Directors approve the Amended and Restated
Cooperation Agreement with Temecula Valley Museum, Inc. for
operation of the wedding chapel, courtyard, and concessions
facility.
CSD DIRECTOR OF COMMUNITY SERVICES REPORT
CSD GENERAL MANAGER REPORT
CSD BOARD OF DIRECTORS REPORTS
1
CSD ADJOURNMENT
At 7:43PM, the Community Services District meeting was formally adjourned to Tuesday,
February 26, 2019, at 5:30 PM for a Closed Session, with a regularsession commencing at7:00
PM, City Council Chambers, 41000 Main Street, Temecula, California.
_____________________________
James Stewart, President
ATTEST:
_______________________________
Randi Johl, Secretary
\[SEAL\]
2
SUCCESSOR AGENCY TO
THE TEMECULA
REDEVELOPMENT
AGENCY -
CONSENT
ITEM NO . 15
ACTION MINUTES
SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT
AGENCYMEETING
COUNCIL CHAMBERS
41000 MAIN STREET
TEMECULA, CALIFORNIA
FEBRUARY 12, 2019
CALL TO ORDERat 7:43PM: Chairperson Mike Naggar
ROLL CALL: Edwards, Naggar, Rahn, Schwank, Stewart
SARDAPUBLIC COMMENTS
None
SARDACONSENT CALENDAR
Unless otherwise indicated below, the following pertains to allitems on the Consent Calendar.
Approved the Staff Recommendation (5-0): Motion by Stewart, Second by Rahn. The electronic
vote reflected unanimous approval.
21.Approve Financial Statements for the 1st Quarter Ended September 30, 2018
Recommendation:That the Board of Directors receive and file the Financial
Statements for the 1st Quarter Ended September 30, 2018.
SARDAEXECUTIVE DIRECTOR REPORT
SARDA BOARD OF DIRECTOR REPORTS
SARDAADJOURNMENT
At 7:44PM, the Successor Agency to the Temecula Redevelopment Agencymeeting was
formally adjourned to Tuesday, February 26, 2019, at 5:30 PM for a Closed Session, with a
regularsession commencing at7:00 PM, City Council Chambers, 41000 Main Street, Temecula,
California.
___________________________
Michael S. Naggar, Chair
ATTEST:
_______________________________
Randi Johl, Secretary
\[SEAL\]
1
JOINT CITY COUNCIL /
TEMECULA COMMUNITY
SERVICES DISTRICT -
BUSINESS
ITEM NO . 16
CITY OF TEMECULA / TEMECULA COMMUNITY SERVICES DISTRICT
AGENDA REPORT
City Council/Board of Directors
TO:
Aaron Adams, City Manager/Executive Director
FROM:
February26, 2019
DATE:
Approve Fiscal Year 2018-19Mid-Year Budget Adjustments
SUBJECT:
PREPARED BY:Jennifer Hennessy, Directorof Finance
RECOMMENDATION:That the City Council/TCSD Board of Directorsadopt the following
resolutionsentitled:
RESOLUTIONNO. 19-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TEMECULA, AMENDING THE FISCAL YEAR 2018-19ANNUAL
OPERATING BUDGET
RESOLUTION NO. CSD 19-
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA COMMUNITY SERVICES DISTRICT OF THE CITY
OF TEMECULA AMENDING THE FISCAL YEAR 2018-19
ANNUAL OPERATING BUDGETS
RESOLUTION NO. 19-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TEMECULA AMENDING THE CAPITAL IMPROVEMENT
PROGRAM FISCAL YEARS2019-23AND AMENDING THE
CAPITAL IMPROVEMENT BUDGET FOR FISCAL YEAR 2018-19
BACKGROUND:In accordance with Budget Policy II.B.-Interim Reporting, City
staff conductedacomprehensiveMid-Year review of its Annual Operating Budget. The purpose
of the review is to analyze revenue and expenditure trends to identify variances from the Adopted
Budget and ensure that the City maintains a healthy fiscal position. The Mid-Year Budget includes
a review of all City funds. Therequested adjustments are summarizedin the attached exhibitsand
discussedin further detail below.
GENERAL FUND:
FY2018-19Revenues:
General Fund Mid-Year Revenues are projected to increase by $848,604 over the Current Budget,
bringing the FY18-19 Revenue projection to $79,208,082.
Themajority of theincrease is attributable to higher than anticipated Licenses, Permits and Service
Charge revenue generated by the development activity in the Roripaugh Ranch area. Permit
activity within the Land Development department is expected to increase by $1,094,872, as a result
of Roripaugh Ranch activity. Planning revenue is increasing by $70,549, and Building & Safety
revenue is increasing by $90,009.
Taxes and Franchise revenue is expected to decline by $223,773 compared to the Current Budget.
The decrease ismostly attributable to lower than expected Transient Occupancy Taxes, as a result
of the influx of short-term rentals within the Temecula Valley.
Operating Transfers In are also decreasing compared to the Current Budget. A reduction of
$403,324 is due to lower than expected Gas Tax revenue received from the State.
Sales Tax projections are remaining unchanged at the Mid-Year due to the lag time in receiving
this significant revenue source. To date, the City has only received one quarter’s worth of revenue
for FY18-19. Upon the receipt of further Sales Tax data, a future adjustment will be recommended,
if necessary.
FY2018-19Expenditures:
General Fund Mid-Year Operating Expenditure requests reflect a net reduction of $18,359,
bringing Fiscal Year 2018-19Operating Budgetto $76,526,401.
Departmental Mid-Year budget requestsinclude the following:
-Economic Development–an appropriation of $12,500 for the Medical Scribe program. This
request is offset by incoming revenue for this program.
-City Attorney–an appropriation of $162,000 in Legal Services due to the number of ongoing
litigation cases and new programs requiring ordinance creation and review.
-Human Resources–an appropriation of $85,000in LegalServices due to an increased
number of employee relation projects.
-Planning–an appropriation of $4,988 in Part-Time Project salary expenditures for the
increased stipend provided to the Planning Commission.
-Public Works –an appropriation of $23,338 for increased Striping/Stenciling and Traffic
Improvements, as well as to cover the increased stipend for the Public/Traffic Safety
Commission.
-Parks Maintenance–anappropriation of $67,000; including $50,000for utilities, $5,000 for
Signs related to the new Parking Ordinance signage requirement, and $12,000 for increased
Landscape Maintenance related to Skyview Park and the new Park & Ride facility.
-Fire–an appropriation of$20,000 for increased consulting costs related to the processing of
Plan Checks, which is offset by corresponding revenue. Additionally, the Firedepartment
adjustmentincludes a $393,158 reduction in the Fire Services Contract budget due to an
increase in the Structural Fire Tax Credit which offsets the cost of the contract.
General Fund Operating Transfers Out/One-Time Payments–increase of $399,063, to reflect
a transfer of $400,000 in available fund balance to the Capital Improvement Program Fund to
establish the Interstate 15 Congestion Relief Capital Project. Additionally,adjustments include a
$50,559 reduction in the transfer to the 2018 Financing Lease for the Civic Center as a result of
the refinancing of this debt instrument. An increase of $49,622 in the transfer to the 2018 Financing
Lease for the Margarita Recreation Center reflects the actual cost of the debt service for this newly
established financing lease.
General Fund Reserves:
Total Ending Fund Balance is projected to be $25,250,937with both the Reserve for Economic
Uncertainty and the Secondary Reserve fully funded at $15,305,280and $3,826,320, respectively.
An additional $567,077of Fund Balance is committed to fund future Capital Improvement Projects
and other liabilities of the General Fund, leaving a balance of $6,552,262as Unassigned Fund
Balance.
While held in a separate Trust Fund, an additional $9,352,406 is restricted to the payment of
CalPERS pension liabilities, providing the City added fiscal protection, similar to the General Fund
reserves.
MEASURE S FUND:
Measure S Revenue is derived from the one-cent transactions and use tax, approved by Temecula
voters in November 2016. This tax became effective April 1, 2017. Initial projections for this new
revenue source were estimated to be $23 million per year.
Measure S Revenue is trending higher than originally projected, and is expected to reach $27.2
million for FY2018-19. Additionally, Interest Investment earnings are trending higher than
anticipated, and is projectedto be $37,000, bringing total Measure S Revenue for FY18-19 to
$27,237,000.
Measure S Expenditures total$29,694,787 for FY18-19, including Mid-Year appropriation
requests of $854,271including:
o$450,000 Transfer to the Information Technology Department to fund the
implementation of the Lucity Asset Management software system
o$178,271Transfer to the Temecula Community Services Department to cover the
Mid-Year appropriation requests from the various TCSD Divisions
o$226,000Transfer to the CIPto add $150,000 to the French Valley Parkway Phase
III project; establish a new project called Pedestrian Signal Equipment Upgrade
with a Measure S contribution of $38,000 to leverage $908,200 in grant funds; and
establish a new project called Traffic Signal System Upgrade with a Measure S
contribution of $38,000 to leverage $489,510 in grant funds.
The FY18-19 Ending Fund Balance is projected to be $4,223,005.
SPECIAL REVENUE & DEBT SERVICE FUNDS:
The City maintains 13separate Special Revenue Funds and two Debt Service Funds. Activitiesin
these funds are legally required to be accounted for in separate and distinct funds.
Below is a summary of the Mid-Year requests for each Special Revenue and Debt Service Funds.
Beginning FY18-19 FY18-19 FY18-19 FY18-19 Ending
BalanceCurrent Mid-YearRevised Current Mid-YearRevised Balance
7/1/18 Revenues Adjustment Revenues Exp/Transfers Adjustment Exp/Transfers 6/30/19
Special Revenue Funds
Fund 100: Gas Tax 02,809,983(404,124)2,405,8592,809,983(404,124)2,405,8590
Fund 102: Road Maintenance Rehabilitation Account (RMRA) 512,9971,843,670(46,457)1,797,2132,476,861(166,651)2,310,2100
Fund 103: Street Maintenance 01,400,0005,0001,405,0000001,405,000
Fund 120: Development Impact Fees 3,995,1624,639,31104,639,3118,173,85508,173,855460,618
Fund 125: Public, Education & Government (PEG) Fees357,357227,3234,616231,939364,9950364,995224,301
Fund 140: Community Development Block Grant 01,036,09001,036,0901,036,09001,036,0900
Fund 145: Temecula Energy Efficiency Asset Management 190,2742,0001,0003,000000193,274
Fund 150: AB 2766 Motor Vehicle Subvention 132,593144,7302,800147,530236,3530236,35343,770
Fund 160: Supplemental Law Enforcement Services 0186,000800186,800186,000800186,8000
Fund 161: Temecula Major Crimes Reward 26,01230010040000026,412
Fund 165: Affordable Housing 10,819,638419,4124,698424,110545,6250545,62510,698,123
Fund 170: Measure A 4,243,5903,224,00020,0003,244,0006,066,20806,066,2081,421,382
Fund 198: Public Art25,96874,511074,5114,02604,02696,453
Total Special Revenue Funds20,303,59116,007,330(411,567)15,595,76321,899,996(569,975)21,330,02114,569,333
Debt Service Fund
Fund 395: 2018 Financing Lease (Civic Center)02,132,450(50,559)2,081,8912,132,450(50,559)2,081,891(0)
Fund 396: Capital Financing (MRC)0467,23349,622516,855462,23349,622511,8555,000
Total Debt Service Funds02,599,683(937)2,598,7462,594,683(936)2,593,7474,999
Both Gas Tax and the Road Maintenance Rehabilitation Account Funds are projected to have less
revenue than originally projected, based on estimates received from the State. Corresponding
adjustments were made to the Transfers of these funds as well.
The two Debt Service Fundsreflect the adjustments necessary to align the budget with the new
debt service schedules related to therefinancing of the Civic Center Lease and the issuance of the
Margarita Recreation Center Lease.
INTERNAL SERVICE FUNDS:
The City has eightInternal Service Funds, used to account for services provided internally between
departments. Below is a summary of the Mid-Year requests for each Internal Service Fund.
Beginning FY18-19 FY18-19 FY18-19 FY18-19 Ending
BalanceCurrent Mid-YearRevised Current Mid-YearRevised Balance
7/1/18 Revenues Adjustment Revenues Exp/Transfers Adjustment Exp/Transfers 6/30/19
Internal Service Funds
Fund 300: Insurance 51,958995,1371,600996,737995,1370995,13753,558
Fund 305: Workers' Compensation 1,386,622701,3339,000710,333422,7770422,7771,674,178
Fund 310: Vehicles and Equipment 2,587,6931,517,42615,0001,532,426858,1250858,1253,261,994
Fund 320: Information Technology 472,7393,498,594496,0003,994,5943,822,379470,0004,292,379174,954
Fund 325: Technology Replacement 1,249,4461,032,7234,0001,036,723310,0000310,0001,976,169
Fund 330: Support Services 444,102408,381(39,416)368,965396,980416,087813,0670
Fund 335: Support Services Replacement00482,117482,117018,37818,378463,739
Fund 340: Facilities 521,0521,333,8882,0001,335,8881,340,14412,0001,352,144504,796
Total Internal Service Funds6,713,6129,487,482970,30110,457,7838,145,542916,4659,062,0078,109,388
Information Technology includes $450,000 from Measure S to fund the implementation of the
Lucity Asset Management Software, as well as an appropriation request of $20,000 to fund
increase cost of telephone and internet services.
Support Services includes a Transfer of $444,102 to the newly established Support Services
Replacement Fund, which represents the re-assignment of the City’s duplicating and printing
equipment to the Replacement Fund. Additionally, an appropriation request of $10,000 is included
to cover the increased cost of maintenance of the City’s copy machines.
Facilities includes an appropriation request of $12,000 for the replacement of light bulbs and
ballasts within the Civic Center parking structure, as well as increased maintenance supplies.
TEMECULA COMMUNITY SERVICES DISTRICT
The Temecula Community Services District (TCSD) provides for a comprehensive neighborhood
and community park system, as well as a complement of recreational and cultural programs,
community and human services and special events. TCSD also provides street lighting, median
and slope maintenance, refuse hauling and recycling, emergency dirt road maintenance, and library
services.
Fiscal Year 2018-19Mid-Year adjustments are summarized in the table below.
Beginning FY18-19 FY18-19 FY18-19 FY18-19 Ending
BalanceCurrent Mid-YearRevised Current Mid-YearRevised Balance
7/1/18 Revenues Adjustment Revenues Exp/Transfers Adjustment Exp/Transfers 6/30/19
Temecula Community Services District (TCSD)
Fund 190: Citywide Operations927,58410,416,057201,01310,617,07011,264,604225,87111,490,47554,179
Fund 192: Service Level B - Street Lighting261,188704,2451,000705,245789,2010789,201177,232
Funds 501-530: Service Level C - Landscape/Slope Maintenance1,655,7911,599,0606,3701,605,4301,553,14301,553,1431,708,078
Fund 194: Service Level D - Refuse and Recycling294,4888,013,7901,0008,014,7908,078,89108,078,891230,387
Fund 195: Service Level R - Road Maintenance26,7915,8321005,9329,66309,66323,060
Fund 196: Service Level L - Harveston Lake Park Maintenance402,668249,5702,000251,570247,2760247,276406,962
Fund 197: Library 343,073770,6504,637775,287994,1390994,139124,221
Total Temecula Community Services District3,911,58221,759,204216,12021,975,32422,936,917225,87123,162,7882,724,118
Mid-Year revenue adjustments in the Citywide Operations Fund reflects increased revenue inthe
Theater division of $15,700, offset by a reduction in the Aquatics division of $20,931 due to the
temporary closure of the Community Recreation Center Pool whileit is remodeled. The
contribution from Measure S is increasing by $178,271 to cover the appropriation requests of the
various TCSD divisions.
Mid-Year expenditure adjustments reflectan increase in TCSD Maintenance divisions of $60,200
to cover the cost of new gates/fencing for the Theater, increased utilities and higher than
anticipated maintenance supply costs. TCSD Operations reflects an increase of $165,671 to cover
the mandatory rise in minimum wage, the increase in Commissioner stipend pay, higher than
anticipated overtime to support special events, and a retroactive CalPERS adjustment.
CAPITAL IMPROVEMENT PROGRAM
The Mid-Year update to the Fiscal Years 2019-23 Capital Improvement Program contains the
addition of three new capital projects and anappropriationrequestfor an existing project,
summarized below:
o French Valley Parkway Phase III–Increase Measure S contributionby $150,000
to fund land appraisalsand administrative costs.
o I-15 Congestion Relief-Establish a new project with a contribution from the
General Fund of $400,000 in FY2018-19and $200,000 in FY19-20 to match
$1.25M received through Caltran’s State Highway Operation and Protection
Program (SHOPP). An additional $3.15M of the project funding is unspecified at
this time. This project provides an operational improvement to relieve congestion
on northbound I-15.
o Pedestrian Signal Equipment Upgrade-Establish a new project with a Measure
S contribution of $38,000 to leverage $908,200 in grant funds. This project will
install pedestrian countdown signal heads, ADA compliant pedestrian pushbutton
equipment and upgrade traffic signal controllers to improve safety and operations
at signalized intersections Citywide including the Butterfield Stage Road, Jefferson
Avenue, Margarita Road, Redhawk Parkway, Pechanga Parkway, Rancho
California Road, Temecula Parkway and Ynez Road corridors.
o Traffic Signal System Upgrade-Establish a new project with a Measure S
contribution of $38,000in FY18-19 and $54,390 in FY19-20to leverage $489,510
in grant funds. This project will install protected/permissive traffic signal heads,
on new signal poles and signal mast arms, relocate existing equipment and modify
existing striping and raised medians at the following five intersections: Margarita
Road at Verdes Lane, Ynez Road at Town Center North and Town Center South,
Redhawk Parkway at Paseo Parallon/Overland Trail, and Winchester Road at
Enterprise Circle.
FISCAL IMPACT:The Fiscal impact of each fund is noted in the attached Exhibits.
ATTACHMENTS:1. Resolution –City Mid-Year Budget Amendments
a.Exhibit A –General & Measure S Fund Mid-Year
Budgets
b.Exhibit B –Special Revenue & Debt Service Funds Mid-
Year Budget
c.Exhibit C –Internal Service Funds Mid-Year Budget
2.Resolution –CSD Mid-Year Budget Amendments
a.Exhibit A –TCSD Mid-Year Budget
3.Resolution –Capital Improvement Program Amendment
a.Exhibit 1–CIP (Mid-Year Adjustments)
RESOLUTIONNO. 19-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF TEMECULA,AMENDING THE FISCALYEAR 2018-19
ANNUAL OPERATING BUDGET
THE CITY COUNCIL OF THE CITY OF TEMECULADOES HEREBY RESOLVE
AS FOLLOWS:
Section 1.The purpose of this review is to conduct an analysis of revenues and
expenditures to ensure that the City maintains a prudent and healthy fiscal position.
Section 2.That each year a mid-year review is conducted of City operating budgets.
Section 3.That the mid-year review has been completed and the recommended
adjustments are reflected in the attached schedules for the City’s General Fund, Special Revenue,
Debt Service and Internal Services Funds.
Section 4.That the Fiscal Year 2018-19General Fund and Measure S Fund Annual
Operating Budgets arehereby amended in accordance with the attached Exhibit A, General Fund
Fiscal Year 2018-19 Mid-Year Budget.
Section 5.That the Fiscal Year 2018-19 Special Revenue and Debt Service Funds
Annual Operating Budgets are hereby amended in accordance with the attached Exhibit B –
Special Revenue and Debt Service FundsFiscal Year 2018-19 Mid-Year Budget.
Section 6.That the Fiscal Year 2018-19 Internal Services Funds Annual Operating
Budgets are hereby amended in accordance with the attachedExhibit C, Internal Services Funds
Fiscal Year 2018-19 Mid-Year Budget.
Section 7.That Fund 335: Support Services ReplacementFund be established to
account for the accumulation of resources necessary to replace the City’s duplicating and
printing equipment at the end of the equipment’suseful life.
Section 9.The City Clerk shall certify adoption of the resolution.
PASSED, APPROVED, AND ADOPTEDby the City Council of the City of Temecula this
26th day of February,2019.
Michael S. Naggar, Mayor
ATTEST:
Randi Johl, City Clerk
\[SEAL\]
STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE) ss
CITY OF TEMECULA)
I, Randi Johl, City Clerk of the City of Temecula, do hereby certify that the foregoing
ResolutionNo. 19-was duly and regularly adopted by the City Council of the Cityof Temecula
at a meetingthereof held on the 26th day of February, 2019, by the following vote:
AYES:COUNCILMEMBERS:
NOES:COUNCILMEMBERS:
ABSTAIN:COUNCILMEMBERS:
ABSENT:COUNCILMEMBERS:
Randi Johl, City Clerk
EXHIBIT A
CityofTemecula
FiscalYear201819
MidYearAdjustments
Fund:001GENERALFUND
%Change
201819YeartoDate201819From
201718CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
RevenuesbyCategory
TaxesandFranchises53,392,60153,586,77818,102,38553,363,005(223,773)0.4%
Licenses,PermitsandServiceCharges4,417,4044,065,5933,091,3515,265,5521,199,95929.5%
FinesandForfeitures756,471732,879313,421831,82398,94413.5%
UseofMoneyandProperty148,560399,322209,890477,60678,28419.6%
IntergovernmentalRevenues7,899,2318,112,6458,166,96354,3180.7%
Reimbursements2,395,7333,017,919642,1053,031,21013,2910.4%
OperatingTransfersIn6,621,2028,292,7962,125,8167,889,472(403,324)4.9%
MiscellaneousRevenue259,655151,546109,832182,45130,90520.4%
TotalOperatingRevenues75,890,85678,359,47824,594,79979,208,082848,6041.1%
ExpendituresbyDepartment
CityCouncil392,479523,065173,545523,0650.0%
CommunitySupport107,000125,00021,400125,0000.0%
CityManager1,428,7651,441,146598,5861,441,1460.0%
EconomicDevelopment1,291,8881,500,799695,1171,513,29912,5000.8%
EmergencyManagement124,536254,186117,398254,186(0)0.0%
CityClerk1,104,4831,390,869487,2511,390,86900.0%
CityAttorney977,221780,300392,671942,300162,00020.8%
Finance2,327,7752,582,1671,037,0022,582,1670.0%
HumanResources979,5381,102,016477,1321,187,01685,0007.7%
Planning2,057,1562,518,897837,4202,523,8854,9880.2%
Building&Safety2,457,6443,070,1401,282,8913,070,1400.0%
LandDevelopment1,666,6141,761,657642,2881,761,65700.0%
PublicWorks5,119,1836,111,4092,183,9296,134,74723,3380.4%
CIPAdmin1,861,7392,506,192899,7812,506,19200.0%
ParksMaintenance3,790,1233,939,7771,838,0444,006,77767,0001.7%
Police31,061,51734,720,35411,077,91534,720,3540.0%
Fire7,607,6859,882,5532,256,7809,509,368(373,185)3.8%
AnimalControl460,280425,572243,858425,572(0)0.0%
NonDepartmental:
PropertyTaxAdmin69,62883,85283,8520.0%
AudiReimbursement285,3930.0%
RetireeMedicalContribution3,329,9271,627,325385,0191,627,3250.0%
PERsReplacementBenefit112,96297,48497,4840.0%
StaffingContinuityReserve39,827100,000100,0000.0%
TotalOperatingExpenditures68,653,36276,544,76025,648,02776,526,401(18,359)0.0%
ExcessofRevenuesOver(Under)Expenditures7,237,4941,814,718(1,053,228)2,681,681866,9630.0%
FundDescription
TheGeneralFundisthemainoperatingfundfortheCityofTemecula.ItisusedtoaccountforallfinancialresourcesfortheCitythatarenot
restrictedtoaspecialpurposeandotherwiserequiredtobeaccountedforinanotherfund.TheGeneralfundprovidestheresourcesnecessary
sustainthedaytodayactivitiesandpaysforalladministrativeandoperatingexpenditures.
to
CityofTemecula
FiscalYear201819
MidYearAdjustments
Fund:001GENERALFUND
%Change
201819YeartoDate201819From
201718CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
ExcessofRevenuesOver(Under)Expenditures7,237,4941,814,718(1,053,228)2,681,681866,9630.0%
OperatingTransfersOut/OneTimePayments
CapitalImprovementFund(2,730,036)(2,730,036)(3,130,036)(400,000)14.7%
2018FinancingLease(CivicCenter)(2,135,231)(2,132,450)(1,044,800)(2,081,891)50,5592.4%
2018FinancingLease(MRC)(367,233)(139,951)(416,855)(49,622)13.5%
Section115PensionTrust(8,000,000)(1,404,941)(1,404,941)(1,404,941)0.0%
InformationTechnologyFund(77,028)0.0%
TechnologyReplacementFund(125,000)(125,000)(125,000)
TotalTransfersOut/OneTimePayments(10,212,259)(6,759,660)(5,444,728)(7,158,723)(399,063)5.9%
FundBalance,BeginningofYear33,702,74430,727,97930,727,9790.0%
FundBalance,EndofYear30,727,97925,783,03726,250,937467,9001.8%
DetailofFundBalance
Nonspendable:
Inventory3,0583,0583,0580.0%
Deposits1,3251,3251,3250.0%
CommittedTo:0.0%
EconomicUncertaintyReserve(20%)13,730,67215,308,95215,305,280(3,672)0.0%
SecondaryReserve(5%)3,432,6683,827,2383,826,320(918)0.0%
PechangaIGA332,647362,694362,6940.0%
AssignedTo:
CapitalProjects200,000200,0000.0%
Unassigned:13,227,6086,279,7706,552,260272,4894.3%
30,727,97925,783,03726,250,937467,9000.0%
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:002MEASURESFUND
%Change
201819YeartoDate201819From
201718
CurrentActualsRevisedIncrease/Current
DescriptionActualsBudget123118Budget(Decrease)Budget
RevenuesbySource
TaxesandFranchises
TransactionsandUseTax27,197,56525,200,0009,103,09727,200,0002,000,0007.9%
UseofMoneyandProperty
InvestmentInterest37,67217,6767,17137,00019,324109.3%
TotalRevenuesandOtherSources27,235,23725,217,6769,110,26727,237,0002,019,324 8.0%
ExpendituresbyCategory
OperatingTransfersOutGeneralFund4,994,1805,296,8132,648,4075,296,81300.0%
OperatingTransfersOutVehicleReplacement650,0001,150,000575,0001,150,0000.0%
OperatingTransfersOutInformationTechnology175,251450,000450,0000.0%
OperatingTransfersOutTechReplacement55,000500,000250,000500,0000.0%
OperatingTransfersOutTCSD5,341,5036,033,4313,016,7166,211,702178,2713.0%
OperatingTransfersOutServiceLevelB360,25162,66162,66162,661(0)0.0%
OperatingTransfersOutLibrary770,734662,527331,264662,5270.0%
OperatingTransfersOutCIP8,443,72813,235,08413,235,08413,461,084226,0001.7%
OperatingTransfersOutFacilityReplacement500,000250,000500,0000.0%
OperatingTransfersOutStreetMaintenance1,400,000700,0001,400,0000.0%
TotalExpendituresandOtherFinancingUses20,790,64728,840,51621,069,13129,694,787854,271 3.0%
ExcessofRevenuesOver(Under)Expenditures6,444,590(3,622,840)(11,958,863)(2,457,787)1,165,05332.2%
FundBalance,BeginningofYear236,2026,680,7926,680,7920.0%
FundBalance,EndofYear6,680,7923,057,9524,223,0051,165,05338.1%
FundDescription
MeasureS,approvedbythevotersonNovember8,2016,establishedaonecentTransactionsandUseTaxfortheCity.Themeasurewasapprovedbased
onthecommitmenttomaintain911emergencyresponsetimes,preventcutstolocalparamedic/police/fireprotection,schoolsafetypatrols,youth/after
school,senioranddisabledservices;improvefreewayinterchanges/reducetrafficandprovideforothergeneralservices.
9IL.L .
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:100GASTAXFUND
201819YeartoDate201819
CurrentActualsRevisedIncrease/%ChangeFrom
201718
DescriptionActualsBudget123118Budget(Decrease)CurrentBudget
RevenuesbySource
TaxesandFranchises
GasTax2,324,4822,805,983763,2662,400,359(405,624)14.5%
UseofMoneyandProperty
InvestmentInterest2,7674,0005465,5001,50037.5%
TotalRevenuesandOtherSources2,327,2492,809,983763,8122,405,859(404,124)14.4%
ExpendituresbyCategory
Equipment0.0%
OperatingTransfersOutGeneralFund
1,127,2492,809,983559,9112,405,859(404,124)14.4%
OperatingTransfersOutCIP1,200,0000.0%
TotalExpendituresandOtherFinancingUses2,327,2492,809,983559,9112,405,859(404,124)14.4%
ExcessofRevenuesOver(Under)Expenditures203,9010.0%
FundBalance,BeginningofYear0.0%
FundBalance,EndofYear0.0%
FundDescription
ThisfundwasestablishedtoaccountforthetaxpergallononthepurchaseofmotorvehiclefuelimposedbytheStateofCalifornia.Aportionisallocated
totheCityofTemeculaasspecifiedintheCaliforniaStreetsandHighwaysCode(SHC)(Sections2013,2105,2107and2107.5).GasTaxmoniesare
restrictedtotherepair,maintenanceandupkeepofCitystreetsandroads,andthepurchaseofequipmentusedtomaintainroads.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:102ROADMAINTENANCEREHABACCOUNT(RMRA)FUND
201819YeartoDate201819
201718CurrentActualsRevisedIncrease/%ChangeFrom
DescriptionActualsBudget123118Budget(Decrease)CurrentBudget
RevenuesbySource
TaxesandFranchises
GasTax2031(RMRA)511,7821,843,670832,1351,794,713(48,957)2.7%
UseofMoneyandProperty
InvestmentInterest1,2159482,5002,5000.0%
TotalRevenuesandOtherSources512,9971,843,670833,0831,797,213(46,457)2.5%
ExpendituresbyCategory
OperationsandMaintenance0.0%
OperatingTransferOutCIP2,476,8611,251,2632,310,210(166,651)6.7%
TotalExpendituresandOtherFinancingUses2,476,8611,251,2632,310,210(166,651)6.7%
ExcessofRevenuesOver(Under)Expenditures512,997(633,191)(418,180)(512,997)120,19419.0%
FundBalance,BeginningofYear512,997512,9970.0%
FundBalance,EndofYear512,997(120,194)120,194100.0%
FundDescription
ThisfundistoaccountforgasolineandvehicleregistrationtaxespursuanttotheRoadRepairandAccountabilityActof2017(SB1Beall).Moniesare
collectedbytheStateofCaliforniaandallocatedtolocalagenciesforstreetsandroadsprojectsandothertransportationuses.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:103STREETMAINTENANCEFUND
201819YeartoDate201819
201718CurrentActualsRevisedIncrease/%ChangeFrom
DescriptionActualsBudget123118Budget(Decrease)CurrentBudget
RevenuesbySource
OperatingTransferIn
MeasureS1,400,000350,0001,400,0000.0%
UseofMoneyandProperty
InvestmentInterest1335,0005,0000.0%
TotalRevenuesandOtherSources1,400,000350,1331,405,0005,0000.4%
ExpendituresbyCategory
OperationsandMaintenance0.0%
OperatingTransferOut0.0%
TotalExpendituresandOtherFinancingUses0.0%
ExcessofRevenuesOver(Under)Expenditures1,400,0001,405,0005,0000.4%
FundBalance,BeginningofYear0.0%
FundBalance,EndofYear1,400,0001,405,0005,0000.4%
FundDescription
ThisfundwasestablishedtoaccumulateresourcesforthefuturereplacementofstreetsandroadsthroughouttheCity.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:120DEVELOPMENTIMPACTFEESFUND
YeartoDate201819
201819
CurrentActualsRevisedIncrease/%ChangeFrom
201718
Budget123118Budget(Decrease)CurrentBudget
DescriptionActuals
RevenuesbySource
TaxesandFranchises
DIFFees2,707,8803,893,968621,8633,893,9680.0%
QuimbyFees20,770675,3434,836675,3430.0%
UseofMoneyandProperty
InvestmentInterest66,00970,0009,27470,0000.0%
TotalRevenuesandOtherSources2,794,6594,639,311635,9744,639,3110.0%
ExpendituresbyCategory
OperationsandMaintenance11,7900.0%
OperatingTransferOutCIP3,123,7488,173,8552,873,7958,173,8550.0%
TotalExpendituresandOtherFinancingUses3,135,5388,173,8552,873,7958,173,8550.0%
ExcessofRevenuesOver(Under)Expenditures(340,879)(3,534,544)(2,237,821)(3,534,544)0.0%
FundBalance,BeginningofYear4,336,0413,995,1623,995,1620.0%
AdjustmenttoFundBalance
FundBalance,EndofYear3,995,162460,618460,6180.0%
FundDescription
ThisfundaccountsforthedevelopmentimpactfeesreceivedasaresultofdevelopmentactivitywithintheCity.ThefeesareprimarilyusedtofundCapital
ImprovementProjectsdesignedtomitigatetheimpactsofdevelopmentprojects.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:125PUBLIC,EDUCATION&GOVERNMENT(PEG)FEES
201819YeartoDate201819
201718CurrentActualsRevisedIncrease/%ChangeFrom
DescriptionActualsBudget123118Budget(Decrease)CurrentBudget
RevenuesbySource
TaxesandFranchises
PEGFees253,263224,32331,676226,9392,6161.2%
UseofMoneyandProperty
InvestmentInterest4,6753,0008405,0002,00066.7%
TotalRevenuesandOtherSources257,938227,32332,517231,9394,616 2.0%
ExpendituresbyCategory
OperationsandMaintenance210,490364,995127,643364,99500.0%
TotalExpendituresandOtherFinancingUses210,490364,995127,643364,9950 0.0%
ExcessofRevenuesOver(Under)Expenditures47,448(137,672)(95,126)(133,056)4,6163.4%
FundBalance,BeginningofYear309,909357,357357,3570.0%
FundBalance,EndofYear357,357219,685224,3014,6162.1%
FundDescription
ThisfundwasestablishedtoaccountforPublicEducationandGovernment(PEG)fees.Feesreceivedfromlocalcableoperatorsforthesolepurposeof
supportingtheaccessfacilitiesandactivitieswithintheCity.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:140COMMUNITYDEVELOPMENTBLOCKGRANT(CDBG)FUND
201819YeartoDate201819
201718CurrentActualsRevisedIncrease/%ChangeFrom
ActualsBudget123118Budget(Decrease)CurrentBudget
Description
RevenuesbySource
IntergovernmentalRevenues
CommunityDevelopmentBlockGrant955,5371,036,0901,036,0900.0%
TotalRevenuesandOtherSources955,5371,036,0901,036,090 0.0%
ExpendituresbyCategory
Personnel103,054109,38552,640109,3850.0%
OperationsandMaintenance140,974113,88041,312113,8800.0%
OperatingTransfersOutCIP711,509812,825812,8250.0%
TotalExpendituresandOtherFinancingUses955,5371,036,09093,9521,036,090 0.0%
ExcessofRevenuesOver(Under)Expenditures(93,952)0.0%
FundBalance,BeginningofYear0.0%
FundBalance,EndofYear0.0%
FundDescription
ThisfundwasestablishedtoaccountforgrantsreceivedfromtheU.S.DepartmentofHousingandUrbanDevelopment(HUD).Thegrantsareusedforthe
redevelopmentofaviablecommunitybyprovidingdecenthousing,asuitablelivingenvironment,andforexpandingopportunities,principallyforpersons
oflowandmoderateincome.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:145TEMECULAENERGYEFFICIENCYASSETMANAGEMENT(TEEM)FUND
201819YeartoDate201819
201718CurrentActualsRevisedIncrease/%ChangeFrom
ActualsBudget123118Budget(Decrease)CurrentBudget
Description
RevenuesbySource
UseofMoneyandProperty
InvestmentInterest2,5762,0004553,0001,00050.0%
TotalRevenuesandOtherSources2,5762,0004553,0001,000 50.0%
ExpendituresbyCategory
OperationsandMaintenance0.0%
OperatingTransfersOutCIP10,0000.0%
TotalExpendituresandOtherFinancingUses10,000 0.0%
ExcessofRevenuesOver(Under)Expenditures(7,424)2,0004553,0001,00050.0%
FundBalance,BeginningofYear197,698190,274190,2740.0%
FundBalance,EndofYear190,274192,274193,2741,0000.5%
FundDescription
Thisfundwasestablishedtocaptureenergyefficiencyrebatesandreimbursementsaswellasexpendituresavingsresultingfromenergyefficiencyprojects
completedatvariousCityfacilities.Revenuecollectedinthisfundwillbeutilizedonfutureenergyefficiencyprojects.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:150AB2766MOTORVEHICLESUBVENTIONFUND
201819YeartoDate201819
201718CurrentActualsRevisedIncrease/%ChangeFrom
ActualsBudget123118Budget(Decrease)CurrentBudget
Description
RevenuesbySource
IntergovernmentalRevenues
AB2766MotorVehicleSubventionRevenues140,467144,43036,705146,2301,8001.2%
UseofMoneyandProperty
InvestmentInterest9593002501,3001,000333.3%
TotalRevenuesandOtherSources141,426144,73036,955147,5302,800 1.93%
ExpendituresbyCategory
OperationsandMaintenance10,00010,00010,00010,0000.0%
OperatingTransfersOutCIP135,000226,353226,3530.0%
TotalExpendituresandOtherFinancingUses145,000236,35310,000236,353 0.0%
ExcessofRevenuesOver(Under)Expenditures(3,574)(91,623)26,955(88,823)2,8003.1%
FundBalance,BeginningofYear136,167132,593132,5930.0%
AdjustmenttoFundBalance
FundBalance,EndofYear132,59340,97043,7702,8006.8%
FundDescription
ThisfundwasestablishedtoaccountforStatefundsthatareusedtoimplementprogramsandprojectsthatreduceairpollutionfrommotorvehicles.This
fundisusedforCapitalprojectsandtheCity'sshareofWRCOG'sCleanCitiesCoalition.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:160SUPPLEMENTALLAWENFORCEMENTSERVICES(SLESF)FUND
201819YeartoDate201819
201718CurrentActualsRevisedIncrease/%ChangeFrom
ActualsBudget123118Budget(Decrease)CurrentBudget
Description
RevenuesbySource
IntergovernmentalRevenues
SLESFGrantRevenue236,073186,000107,805186,0000.0%
UseofMoneyandProperty
InvestmentInterest383478008000.0%
TotalRevenuesandOtherSources236,456186,000107,852186,800800 0.4%
ExpendituresbyCategory
OperatingTransfersOutGeneralFund236,456186,00091,253186,8008000.4%
TotalExpendituresandOtherFinancingUses236,456186,00091,253186,800800 0.4%
ExcessofRevenuesOver(Under)Expenditures16,5990.0%
FundBalance,BeginningofYear0.0%
FundBalance,EndofYear0.0%
FundDescription
ThisfundwasestablishedtoaccountfortheSupplementalLawEnforcementServicesgrantmoniesfromtheStateofCaliforniawhichareprovidedtoassist
citiesindeliveringfrontlinelawenforcementservices.Thesemoniessupplementexistingservicesandmaynotbeusedtosupplantanyexistingfunding
forlawenforcementservicesprovidedbytheCity.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:161TEMECULAMAJORCRIMESREWARDFUND
201819YeartoDate201819
201718CurrentActualsRevisedIncrease/%ChangeFrom
ActualsBudget123118Budget(Decrease)CurrentBudget
Description
RevenuesbySource
UseofMoneyandProperty
InvestmentInterest3503006240010033.3%
TotalRevenuesandOtherSources35030062400100 33.3%
ExpendituresbyCategory
OperationsandMaintenance0.0%
TotalExpendituresandOtherFinancingUses 0.0%
ExcessofRevenuesOver(Under)Expenditures3503006240010033.3%
FundBalance,BeginningofYear25,66226,01226,0120.0%
FundBalance,EndofYear26,01226,31226,4121000.4%
FundDescription
Thisfundwasestablishedtoaccountforarewardforinformationthatleadstothecaptureandconvictionoftheperson(s)responsibleforthemurderof
LarryRobinsonandJustinTriplett.TheGeneralFundcontributed$25,000andthepubliccanalsocontributetothisfund.Thefundwasestablishedin
accordancewithResolutionNos.1325and1537.InAprilof2018,CounciladoptedResolutionNo.1824forthecontinuationoftherewardforan
additionalthreeyearstoassisttheSherriffintheinvestigationsincenopersonhasbeenarrestedfortheLarryRobinsonmurder.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:165AFFORDABLEHOUSINGFUND
201819YeartoDate201819
201718CurrentActualsRevisedIncrease/%ChangeFrom
ActualsBudget123118Budget(Decrease)CurrentBudget
Description
RevenuesbySource
UseofMoneyandProperty
ResidualReceiptDistribution25,97337,22237,2220.0%
InvestmentInterest9,8779,0001,95812,0003,00033.3%
LoanInterest9875973045970.0%
Reimbursements1,5001,5001,5000.0%
RentalIncome29,224122,593122,5930.0%
ForgivableLoanRepayment31,0751981981980.0%
IntergovernmentalRevenues
AgencyTrustContributions250,000250,000250,0000.0%
Total
RevenuesandOtherSources347,136419,4123,959424,1104,698 1.1%
ExpendituresbyCategory
Personnel180,681260,716115,511260,7160.0%
OperationsandMaintenance122,865252,40737,440252,4070.0%
Insurance7,8618,0651,9828,0650.0%
InformationTechnology18,03615,1833,53915,1830.0%
SupportServices2,109250132500.0%
Facilities7,7519,0042,4209,0040.0%
TotalExpendituresandOtherFinancingUses339,303545,625160,904545,625 0.0%
ExcessofRevenuesOver(Under)Expenditures7,833(126,213)
(156,945)(121,515)4,6983.7%
FundBalance,BeginningofYear10,811,80510,819,63810,819,6380.0%
FundBalance,EndofYear10,819,63810,693,42510,698,1234,6980.0%
DetailofFundBalance
Nonspendable:
LandHeldforResale4,400,3884,400,3884,400,3880.0%
NotesandLoans345,817345,817345,8170.0%
AdvancestoSuccessorAgency5,250,9545,250,9545,250,9540.0%
RestrictedFor:
CommunityDevelopmentProjects822,479696,266700,9644,6980.7%
10,819,63810,693,42510,698,1234,6980.0%
FundDescription
TheAffordableHousingfundcontainstheassetsaswellasloanandrentalincomewhichhavebeentransferredtotheCityofTemeculafromtheformer
RedevelopmentAgency.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:170MEASUREAFUND
201819YeartoDate201819
CurrentActualsRevisedIncrease/%ChangeFrom
201718
Budget123118Budget(Decrease)CurrentBudget
Actuals
Description
RevenuesbySource
UseofMoneyandProperty
InvestmentInterest33,82540,0007,20160,00020,00050.0%
Reimbursements
Miscellaneous35,4830.0%
IntergovernmentalRevenues
MeasureARevenue3,173,3443,184,0001,146,8703,184,0000.0%
TotalRevenuesandOtherSources3,242,6523,224,0001,154,0713,244,00020,000 0.6%
ExpendituresbyCategory
OperationsandMaintenance795,3722,008,5401,156,9182,008,5400.0%
OperatingTransfersOutCIP4,455,2214,057,6681,000,0004,057,6680.0%
TotalExpendituresandOtherFinancingUses5,250,5936,066,2082,156,9186,066,208 0.0%
ExcessofRevenuesOver(Under)Expenditures(2,007,941)(2,842,208)(1,002,847)(2,822,208)20,0000.7%
FundBalance,BeginningofYear6,251,5314,243,5904,243,5900.0%
j
FundBalance,EndofYear4,243,5901,401,3821,421,38220,0001.4%
FundDescription
ThisfundwasestablishedtoaccountfortheCity'sallocationoftheCountyofRiverside'sadditionalonehalfpercentsalestaxfortransportation.These
moniesarerestrictedforuseonlocalstreets.In2002,MeasureAwasextendedbyRiversideCountyvoters.MeasureAwillcontinuetofund
transportationimprovementsthrough2039.
CityofTemecula
FiscalYear201819
MidYearAdjustments
Fund:198PUBLICART
201819YeartoDate201819
201718CurrentActualsRevisedIncrease/%ChangeFrom
ActualsBudget123118Budget(Decrease)CurrentBudget
Description
RevenuesbySource
OperatingTransfersIn
PublicArtRevenues38,56673,5117,56473,5110.0%
UseofMoneyandProperty
InvestmentInterest9971,000701,0000.0%
TotalRevenuesandOtherSources39,56374,5117,63474,511 0.0%
ExpendituresbyCategory
OperationsandMaintenance4,0264,0264,0260.0%
OperatingTransferOut82,2000.0%
TotalExpendituresandOtherFinancingUses82,2004,0264,0264,026 0.0%
ExcessofRevenuesOver(Under)Expenditures(42,637)70,4853,60970,4850.0%
FundBalance,BeginningofYear68,60525,96825,9680.0%
FundBalance,EndofYear25,96896,45396,4530.0%
FundDescription
ThisfundwasestablishedpursuanttoTemeculaMunicipalCodeSection5.08.040,wherebythefundservesaadepositoryforthefeespaidinlieuofartas
wellasmonetarydonationsforpublicart.ThePublicArtInLieufeeisonetenthofonepercentofaneligibledevelopmentprojectinexcessof$100,000.
Eligbleusesofthisfundincludethedesign,acquisition,installation,improvement,maintenanceandinsuranceofpublicartwork;offeringofperforming
artsprogramsonCitypropertyforthecommunity;andarteducationprogramsonCitypropertyforthecommunity.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:3952018FINANCINGLEASE(CivicCenter)
201819YeartoDate201819
CurrentActualsRevisedIncrease/%ChangeFrom
201718
Budget123118Budget(Decrease)CurrentBudget
Actuals
Description
RevenuesbySource
OperatingTransfersIn
GeneralFund2,135,2312,132,4501,044,8002,081,891(50,559)2.4%
TotalRevenuesandOtherSources2,135,2312,132,4501,044,8002,081,891(50,559)2.4%
ExpendituresbyCategory
DebtServiceInterest746,231693,450332,800642,891(50,559)7.3%
DebtServicePrincipal1,389,0001,439,000712,0001,439,0000.0%
TotalExpendituresandOtherFinancingUses2,135,2312,132,4501,044,8002,081,891(50,559)2.4%
ExcessofRevenuesOver(Under)Expenditures(0)(0)0.0%
FundBalance,BeginningofYear0.0%
FundBalance,EndofYear(0)(0)0.0%
FundDescription
Thisfundwasestablishedtoaccountforthepaymentofinterestandprincipaloftherefundingofthe2001and2008CertificatesofParticipation(COPs).
The2001COPswereoriginallyissuedtofinancetheconstructionoftheCommunityRecreationCenterandthe2008COPswereoriginallyissuedtofinance
theconstructionoftheCivicCenter.InFiscalYear201819,thetermsoftheleasewererefinanced,loweringtheinterestratefrom3.75%to3.42%.The
termoftheleaseexpiresSeptember1,2033.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:396CAPITALFINANCING(MRC)
201819YeartoDate201819
CurrentActualsRevisedIncrease/%ChangeFrom
201718
Budget123118Budget(Decrease)CurrentBudget
Actuals
Description
RevenuesbySource
OperatingTransfersIn
GeneralFund367,233138,952416,85549,62213.5%
UseofMoneyandProperty
2018FinancingLeaseMRC100,00095,000100,0000.0%
TotalRevenuesandOtherSources467,233233,952516,85549,622 10.6%
ExpendituresbyCategory
CostofIssuance 95,00095,00095,0000.0%
DebtServiceInterest313,74256,193165,208(148,534)47.3%
DebtServicePrincipal53,49182,759251,647198,156370.4%
TotalExpendituresandOtherFinancingUses462,233233,952511,85549,622 10.7%
ExcessofRevenuesOver(Under)Expenditures5,0005,000(0)0.0%
FundBalance,BeginningofYear0.0%
FundBalance,EndofYear5,0005,000(0)0.0%
FundDescription
Thisfundwasestablishedtoaccountforthepaymentsofinterestandprincipalrelatedtothefinancingofcapitalprojects,includingtheacquistionofthe
City'ssreetlightsfromSouthernCaliforniaEdison.AsofFiscalYear201819,atotalof$5,682,489remainsoutstandingonthestreetlightacquisitionloan
andisexpectedtobefullypaidbyDecember1,2033.
9IL.L /
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:300INSURANCEFUND
%Change
201819YeartoDate201819From
201718CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
RevenuesbySource
Licenses,PermitsandServiceCharges
ChargesForServices1,172,356992,137243,866992,1370.0%
Miscellaneous
Miscellaneous157,788157,788157,7880.0%
UseofMoneyandProperty
InvestmentInterest4,5373,0005784,6001,60053.3%
TotalRevenuesandOtherSources1,176,893995,137244,444996,7371,600 0.2%
ExpensesbyCategory
Personnel29,74035,64217,67635,6420.0%
OperationsandMaintenance1,400,391959,495412,560959,4950.0%
TotalExpensesandOtherFinancingUses1,430,131995,137430,236995,137 0.0%
ExcessofRevenuesOver(Under)Expenses(253,238)(185,792)1,6001,6000.0%
NetPosition,BeginningofYear305,19651,95851,9580.0%
AdjustmenttoNetPosition
NetPosition,EndofYear51,95851,95853,5581,6003.1%
FundDescription
TheInsuranceFundwasestablishedtoaccountfortheCity'sliabilityandpropertyinsurancecosts.NetPositionisacombinationofboth
spendableandnonspendableassets.ThesecostsareallocatedtoeachdepartmentbasedonthetotalnumberofFullTimeEquivalentpositions
assignedtothosedepartments.TheCityhasaSelfInsuredRetention(SIR)of$150,000perincident,andstrivestomaintainaNetPositionequal
totwotimestheSIR.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:305WORKERS'COMPENSATIONFUND
%Change
201819YeartoDate201819From
201718CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
RevenuesbySource
Licenses,PermitsandServiceCharges
ChargesforServices693,485690,333202,616690,3330.0%
UseofMoneyandProperty
InvestmentInterest13,73311,0003,20020,0009,00081.8%
TotalRevenuesandOtherSources707,218701,333205,816710,3339,000 1.3%
ExpensesbyCategory
Personnel113,88535,64216,93635,6420.0%
OperationsandMaintenance137,209387,13570,510387,1350.0%
TotalExpensesandOtherFinancingUses251,094422,77787,446422,777 0.0%
ExcessofRevenuesOver(Under)Expenses456,124278,556118,370287,5569,0003.2%
NetPosition,BeginningofYear930,4981,386,6221,386,6220.0%
NetPosition,EndofYear1,386,6221,665,1781,674,1789,0000.5%
FundDescription
TheWorkers'CompensationFundwasestablishedinFiscalYear201415astheCitytransitionstoaselfinsuredstatusforWorkers'
Compensationliabilities.DepartmentsarechargedbasedoneachpositionallocatedonaFullTimeEquivalentbasis,withacostassignedtoeach
positionbasedonjobdutiesandpotentialforrisk.ThedesiredNetPositionforthisfundis$1.5million,whichrepresentsthreetimestheCity's
SelfInsuredRetentionamountof$500,000.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:310VEHICLESANDEQUIPMENTFUND
%Change
201819YeartoDate201819From
201718CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
RevenuesbySource
Licenses,PermitsandServiceCharges
ChargesforServices64,204347,42624,089347,4260.0%
UseofMoneyandProperty
InvestmentInterest24,39220,0005,42135,00015,00075.0%
OperatingTransfersIn
MeasureS650,0001,150,000287,5001,150,0000.0%
TotalRevenuesandOtherSources738,5961,517,426317,0101,532,42615,000 1.0%
ExpensesbyCategory
OperationsandMaintenance81,6600.0%
CapitalOutlay858,125119,534858,125
TotalExpensesandOtherFinancingUses81,660858,125119,534858,125 0.0%
ExcessofRevenuesOver(Under)Expenses656,936659,301197,475674,30115,0002.3%
NetPosition,BeginningofYear1,930,7572,587,6932,587,6930.0%
AdjustmenttoNetPosition
NetPosition,EndofYear2,587,6933,246,9943,261,99415,0000.5%
FundDescription
TheVehiclesandEquipmentFundwasestablishedtoaccountforthedepreciationofvehiclesandcapitalequipmentovertheirestimateduseful
lives,andtoaccumulateresourcesforthepurchaseoffuturereplacementvehiclesandequipment.NetPositionisacombinationofboth
spendableandnonspendableassets.Departmentsarechargedbasedonthereplacementcostsforeachassetbenefittingthedepartment.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:320INFORMATIONTECHNOLOGYFUND
%Change
201819YeartoDate201819From
201718CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
RevenuesbySource
Licenses,PermitsandServiceCharges
ChargesforServices3,088,7913,497,594826,4343,497,5940.0%
Miscellaneous
Miscellaneous45,00045,00045,0000.0%
UseofMoneyandProperty
InvestmentInterest3,9691,0005002,0001,000100.0%
OperatingTransfersIn
GeneralFund77,0280.0%
MeasureS230,251450,000450,0000.0%
TotalRevenuesandOtherSources3,400,0393,498,594871,9343,994,594496,000 14.2%
ExpensesbyCategory
Personnel1,756,0771,877,011876,8261,877,01100.0%
OperationsandMaintenance1,410,1941,945,368937,4622,415,368470,00024.2%
TotalExpensesandOtherFinancingUses3,166,2713,822,3791,814,2884,292,379470,000 12.3%
ExcessofRevenuesOver(Under)Expenses233,768(323,785)(942,355)(297,785)26,0008.0%
NetPosition,BeginningofYear238,971472,739472,7390.0%
AdjustmenttoNetPosition
NetPosition,EndofYear472,739148,954174,95426,00017.5%
FundDescription
TheInformationTechnologyFundwasestablishedtofundandaccountforcomputerandtelephonesystemoperatingandmaintenance
expenses.NetPositionisacombinationofbothspendableandnonspendableassets.AdjustmentsaremadetoNetPositiontoinclude
additionalspendableresourcesavailableforexpenditure.Departmentsarechargedbasedonthenumberofelectronicdevicesassigned.The
RonaldH.RobertsTemeculaPublicLibraryfacilityischargeddirectlyforallITexpendituresandpersonnelcostsrelatedtothefacility.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:325TECHNOLOGYREPLACEMENTFUND
%Change
201819YeartoDate201819From
201718CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
RevenuesbySource
Licenses,PermitsandServiceCharges
ChargesforServices213,932400,72372,070400,7230.0%
OperatingTransferIn
OperatingTransferIn125,000125,000125,0000.0%
MeasureSFund500,000125,000500,0000.0%
UseofMoneyandProperty
InvestmentInterest11,8487,0001,64211,0004,00057.1%
TotalRevenuesandOtherSources225,7801,032,723323,7121,036,7234,000 0.4%
ExpensesbyCategory
OperationsandMaintenance254,8018850.0%
CapitalOutlay310,000115,952310,0000.0%
TotalExpensesandOtherFinancingUses254,801310,000116,837310,000 0.0%
ExcessofRevenuesOver(Under)Expenses(29,021)722,723206,876726,7234,0000.6%
NetPosition,BeginningofYear1,278,4671,249,4461,249,4460.0%
AdjustmenttoNetPosition
NetPosition,EndofYear1,249,4461,972,1691,976,1694,0000.2%
FundDescription
TheTechnologyReplacementFundwasestablishedinFiscalYear201415inordertoaccumulateresourcesforcomputerandtelephone
equipmentandsoftwaretofundfutureequipmentreplacement.NetPositionisacombinationofbothspendableandnonspendableassets.
Contributionstothisfundaremadebydepartmentsutilizingtheassetsinanamountequivalenttotheestimatedcosttoreplacetheitematthe
endofitsusefullife.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:330SUPPORTSERVICESFUND
%Change
201819YeartoDate201819From
201718CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
RevenuesbySource
Licenses,PermitsandServiceCharges
ChargesforServices344,267403,38184,539362,965(40,416)10.0%
UseofMoneyandProperty
InvestmentInterest5,4655,0008466,0001,00020.0%
TotalRevenuesandOtherSources349,732408,38185,385368,965(39,416)9.7%
ExpensesbyCategory
Personnel205,989224,438108,203224,4380.0%
OperationsandMaintenance166,768172,54263,582144,527(28,015)16.2%
OperatingTransferOut444,102444,1020.0%
TotalExpensesandOtherFinancingUses372,757396,980171,784813,067416,087 104.8%
ExcessofRevenuesOver(Under)Expenses(23,025)11,401(86,399)(444,102)(455,503)3995.3%
NetPosition,BeginningofYear467,127444,102444,1020.0%
AdjustmenttoNetPosition
NetPosition,EndofYear444,102455,503(455,503)100.0%
FundDescription
TheSupportServicesFundwasestablishedasacostcenterfortheCity'scentralreceptionist,duplicating,printing,andmailingactivities.Net
Positionisacombinationofbothspendableandnonspendableassets.Departmentsarechargedbasedonacountofcopiesmadeinthe
previousfiscalyear.InFY201819,theassetsandavailablebalanceinthisfundwastransferredtoestablishFund355SupportServices
ReplacementFund,inordertoaccumulateresourcesforthefuturereplacementoftheCity'sduplicatingandprintingequipment.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:335SUPPORTSERVICESREPLACEMENTFUND
%Change
201819YeartoDate201819From
201718CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
RevenuesbySource
Licenses,PermitsandServiceCharges
ChargesforServices7,26038,01538,0150.0%
OperatingTransferIn
OperatingTransferIn444,102444,1020.0%
UseofMoneyandProperty
InvestmentInterest0.0%
TotalRevenuesandOtherSources7,260482,117482,117 0.0%
ExpensesbyCategory
OperationsandMaintenance18,37818,37818,3780.0%
TotalExpensesandOtherFinancingUses18,37818,37818,378 0.0%
ExcessofRevenuesOver(Under)Expenses(11,118)463,739463,7390.0%
NetPosition,BeginningofYear0.0%
AdjustmenttoNetPosition
NetPosition,EndofYear463,739463,7390.0%
FundDescription
TheSupportServicesReplacementFundwasestablishedinFiscalYear201819inordertoaccumulateresourcesforthefuturereplacementof
theCity'sduplicatingandprintingequipment.NetPositionisacombinationofbothspendableandnonspendableassets.Contributionstothis
fundaremadebydepartmentsutilizingtheassetsinanamountequivalenttotheestimatedcosttoreplacetheitemattheendofitsusefullife.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:340FACILITIESFUND
%Change
201819YeartoDate201819From
201718CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
RevenuesbySource
Licenses,PermitsandServiceCharges
ChargesforServices1,251,8871,328,888360,8961,328,8880.0%
UseofMoneyandProperty
InvestmentInterest5,6505,0001,0667,0002,00040.0%
TotalRevenuesandOtherSources1,257,5371,333,888361,9621,335,8882,000 0.1%
ExpensesbyCategory
Personnel394,348395,628187,097395,62800.0%
OperationsandMaintenance839,589944,516435,709956,51612,0001.3%
TotalExpensesandOtherFinancingUses1,233,9371,340,144622,8061,352,14412,000 0.9%
ExcessofRevenuesOver(Under)Expenses23,600(6,256)(260,844)(16,256)(10,000)159.8%
NetPosition,BeginningofYear497,452521,052521,0520.0%
AdjustmenttoNetPosition
NetPosition,EndofYear521,052514,796504,796(10,000)1.9%
FundDescription
TheFacilitiesFundwasestablishedtoaccountforthecostoftheCivicCenter,FormerCityHallFacility,CityMaintenanceFacility,Field
OperationsCenter,andCivicCenterParkingStructureoperationsandmaintenance.NetPositionisacombinationofbothspendableandnon
spendableassets.Departmentsarechargedbasedonsquarefootageallottedaswellasfulltimestaffequivalentsassigned.
CityofTemecula
FiscalYear201819
MidYearAdjustments
FUND:350FACILITYREPLACEMENTFUND
%Change
201819YeartoDate201819From
201718CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
RevenuesbySource
Licenses,PermitsandServiceCharges
ChargesforServices39,72510,09739,7250.0%
UseofMoneyandProperty
InvestmentInterest281,0001,0000.0%
OperatingTransferIn
TransferInMeasureS500,000125,000500,0000.0%
TotalRevenuesandOtherSources539,725135,097539,725 0.0%
ExpensesbyCategory
OperationsandMaintenance0.0%
CapitalOutlay362,33651,500362,3360.0%
OperatingTransfersOut143,664143,664143,6640.0%
TotalExpensesandOtherFinancingUses506,000195,164506,000 0.0%
ExcessofRevenuesOver(Under)Expenses33,725(60,067)33,7250.0%
NetPosition,BeginningofYear0.0%
NetPosition,EndofYear33,72533,7250.0%
FundDescription
Thisfundwasestablishedtoaccumulateresourcesforthefuturereplacementofequipment,systemsandfixtureswithinCityownedfacilites.
RESOLUTIONNO. CSD 19-
A RESOLUTIONOF THE BOARD OF DIRECTORS OF
THE TEMECULA COMMUNITY SERVICES DISTRICTOF
THE CITY OF TEMECULAAMENDING THE FISCAL
YEAR 2018-19ANNUAL OPERATING BUDGETS
THE BOARD OF DIRECTORS OF THE TEMECULA COMMUNITYSERVICES
DISTRICT OF THE CITY OF TEMECULADOES HEREBY RESOLVEAS FOLLOWS:
Section 1.The purpose of this review is to conduct an analysis of revenues and
expenditures to ensure that the Temecula Community Services District (TCSD) maintains a
prudent and healthy fiscal position.
Section 2.That each year a Mid-Yearreview is conducted of all Temecula
Community Services (TCSD) operating budgets.
Section 3.That the Mid-Yearreview has been completed and the recommended
adjustments are reflected in the schedules attached hereto as Exhibit A.
Section 4.That the Fiscal Year 2018-19TCSD operating budgets are amended in
accordance with the attached schedules.
PASSED, APPROVED, AND ADOPTEDby the Board of Directors of the Temecula
Community Services Districtof the City of Temecula this26thday of February, 2019.
James Stewart, President
ATTEST:
Randi Johl, Secretary
\[SEAL\]
STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE) ss
CITY OF TEMECULA)
I, Randi Johl, Secretary of the Temecula Community Services Districtof the City of
Temecula, do hereby certify that the foregoing ResolutionNo. CSD 19-was duly and regularly
adopted by the Board of Directors of the Temecula Community Services Districtof the City of
Temeculaat a meetingthereof held on the 26thday of February, 2019, by the following vote:
AYES:BOARDMEMBERS:
NOES:BOARDMEMBERS:
ABSTAIN:BOARDMEMBERS:
ABSENT:BOARDMEMBERS:
Randi Johl, Secretary
EXHIBIT A
CityofTemecula
FiscalYear201819
MidYearAdjustments
TEMECULACOMMUNITYSERVICESDISTRICTALLFUNDSCOMBINED
%Change
201819YeartoDate201819From
201718
CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
RevenuesbyFund
Fund190CitywideOperations9,818,31910,416,0574,382,75110,617,070201,0131.9%
Fund192ServiceLevelB1,003,906704,24541,992705,2451,0000.1%
Funds501530ServiceLevelC1,621,6781,599,0601,605,4306,3700.4%
Fund194ServiceLevelD7,709,2158,013,79064,7288,014,7901,0000.0%
Fund195ServiceLevelR6,2275,8322655,9321001.7%
Fund196ServiceLevelL250,108249,5703,746251,5702,0000.8%
Fund197Library881,552770,650223,944775,2874,6370.6%
TotalRevenuesandOtherSources21,291,00421,759,2044,717,42721,975,324216,120 1.0%
ExpendituresbyFund
Fund190CitywideOperations10,029,44111,264,6045,091,64111,490,475225,8712.0%
Fund192ServiceLevelB911,766789,201379,466789,2010.0%
Funds501530ServiceLevelC1,406,3941,553,143675,8621,553,1430.0%
Fund194ServiceLevelD7,843,2628,078,89145,1968,078,8910.0%
Fund195ServiceLevelR2,8479,6632,8009,6630.0%
247,27684,433247,2760.0%
Fund196ServiceLevelL231,793
Fund197Library783,312994,139266,825994,13900.0%
TotalExpendituresandOtherFinancingUses21,208,81522,936,9176,546,22323,162,788225,871 1.0%
ExcessofRevenuesOver(Under)Expenditures82,189(1,177,713)(1,828,796)(1,187,464)(9,751)0.8%
FundBalance,BeginningofYear3,829,3933,911,5823,911,5820.0%
FundBalance,EndofYear3,911,5822,733,8702,724,118(9,751)0.4%
FundDescription
TheTemeculaCommunityServicesDistrictisaseparategovernmentalentitycreatedtoprovideParksandRecreationservicesaswellasthe
maintenanceofparksandfacilities,residentialstreetlights,slopes,refuseandrecycling,maintenanceofruralroads,lakeparkmaintenance,and
libraryservices.
CityofTemecula
FiscalYear201819
MidYearAdjustments
Fund:190CITYWIDEOPERATIONS
201819YeartoDate201819%Change
201718CurrentActualsRevisedIncrease/From
ActualsBudget123118Budget(Decrease)Current
Description
RevenuesbyDepartment
GeneralOperations5,815,2086,249,0953,023,2536,435,366186,2713.0%
SeniorCenter67,178109,7275,032112,3502,6232.4%
CommunityRecreationCenter336,171364,98438,919371,5236,5391.8%
Recreation269,170267,98746,820267,587(400)0.1%
TemeculaCommunityCenter93,02394,66022,01194,6600.0%
TemeculaHistoryMuseum90,68497,58510,05899,9452,3602.4%
Aquatics391,999437,374108,360416,443(20,931)4.8%
Sports411,674435,772136,664440,5634,7911.1%
TemeculaChildren'sMuseum161,78520,73223020,7320.0%
CommunityTheater675,276757,604271,414773,30415,7002.1%
CulturalArts51,92859,87275759,572(300)0.5%
CivicCenterConferenceCenter47,85241,21412,66941,2140.0%
HumanServices47,19249,0368,74953,3964,3608.9%
MargaritaRecreationCenter9,66630,33623430,3360.0%
JeffersonRecreationCenter10,1557810,1550.0%
ContractClasses1,194,7321,113,834696,0161,113,8340.0%
ParkRangers41,76442,07637442,0760.0%
ResponsibleCompassion113,016234,0141,111234,0140.0%
TotalRevenuesandOtherSources9,818,31910,416,0574,382,75110,617,070201,013 1.9%
ExpendituresbyDepartment
GeneralOperations2,242,4442,521,310927,1532,578,27056,9602.3%
SeniorCenter348,797518,044224,926523,0965,0521.0%
CommunityRecreationCenter965,3641,053,232493,3121,065,84612,6141.2%
SpecialEvents843,8891,057,420579,3141,094,97937,5593.6%
TemeculaCommunityCenter197,287235,293108,417238,8423,5491.5%
TemeculaHistoryMuseum363,666424,247209,036430,8276,5801.6%
Aquatics901,7431,028,636460,2911,057,71129,0752.8%
Sports292,434329,65191,216331,9772,3260.7%
TemeculaChildren'sMuseum270,381107,32544,962107,3250.0%
CommunityTheater1,304,2371,339,963643,2871,400,96361,0004.6%
CulturalArts238,268244,889100,349246,6191,7300.7%
CivicCenterConferenceCenter72,49488,40941,99788,7853760.4%
HumanServices175,756218,252112,229218,5412890.1%
MargaritaRecreationCenter122,681157,04160,623159,2972,2561.4%
JeffersonRecreationCenter33,80052,57122,51252,5710.0%
ContractClasses932,015854,274415,087854,6814070.0%
ParkRangers175,293216,215133,898216,2150.0%
ResponsibleCompassion548,892817,832423,032823,9306,0980.7%
TotalExpendituresandOtherFinancingUses10,029,44111,264,6045,091,64111,490,475225,871 2.0%
ExcessofRevenuesOver(Under)Expenditures(211,122)(848,547)(708,891)(873,405)(24,858)2.9%
FundBalance,BeginningofYear1,138,706927,584927,5840.0%
FundBalance,EndofYear927,58479,03754,179(24,858)31.5%
FundDescription
CityofTemecula
FiscalYear201819
MidYearAdjustments
CitywideOperationsreflectsthecollectionoftheSpecialTax(MeasureC)chargedtohouseholdsforrecreationprogramsaswellasfeesfor
classesandactivities.Accountsforfacilityoperations,maintenance,andcommunityrecreationprograms.MeasureCwasapprovedbyresidents
in1997atarateof$74.44perparcelforthepurposeofmaintainingtheCity'sparks,recreationfacilities,arerialstreetlightingandtrafficsignals.
TheSpecialTaxrevenueisallocatedequallybetweenTCSDandtheGeneralFundtofundbothrecreationprogramsandparksmaintenance.
CityofTemecula
FiscalYear201819
MidYearAdjustments
Fund:192SERVICELEVELBSTREETLIGHTING
%Change
201819YeartoDate201819From
201718CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
RevenuesbySource
Licenses,PermitsandServiceCharges
Assessments640,812641,3843,903641,3840.0%
FundingFromMeasureS360,25162,66137,53562,6610.0%
UseofMoneyandProperty
InvestmentInterest2,8422005541,2001,000500.0%
TotalRevenuesandOtherSources1,003,906704,24541,992705,2451,000 0.1%
ExpendituresbyCategory
Personnel17,32921,45110,69921,4510.0%
OperationsandMaintenance894,437767,750368,767767,7500.0%
TotalExpendituresandOtherFinancingUses911,766789,201379,466789,201 0.0%
ExcessofRevenuesOver(Under)Expenditures92,140(84,956)(337,474)(83,956)1,0001.2%
FundBalance,BeginningofYear169,048261,188261,1880.0%
FundBalance,EndofYear261,188176,232177,2321,0000.6%
FundDescription
ServiceLevelBreflectsthecollectionofbenefitassessmentschargedtopropertyowners.ServiceLevelBincludesonlythoseparcelswithin
residentialsubdivisionsthatreceiveresidentialstreetlightingservices.Thisservicelevelincludesoperational,administrative,maintenanceand
utilitycostsofresidentialstreetlights.
CityofTemecula
FiscalYear201819
MidYearAdjustments
Funds:501530SERVICELEVELCLANDSCAPE/SLOPEMAINTENANCE
%Change
201819YeartoDate201819From
201718CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
RevenuesbySource
Licenses,PermitsandServiceCharges
Assessments1,603,3661,586,4301,586,4300.0%
UseofMoneyandProperty
InvestmentInterest18,18212,6303,75819,0006,37050.4%
Reimbursements
Reimbursements1300.0%
TotalRevenuesandOtherSources1,621,6781,599,0601,605,4306,370 0.4%
ExpendituresbyCategory
Personnel88,80267,42730,67667,4270.0%
OperationsandMaintenance1,317,5921,485,716645,1861,485,7160.0%
TotalExpendituresandOtherFinancingUses1,406,3941,553,143675,8621,553,143 0.0%
ExcessofRevenuesOver(Under)Expenditures215,28445,917(675,862)52,2876,37013.9%
FundBalance,BeginningofYear1,440,5071,655,7911,655,7910.0%
FundBalance,EndofYear1,655,7911,701,7081,708,0786,3700.4%
FundDescription
ServiceLevelCFundreflectsthecollectionofbenefitassessmentschargedtopropertyownersforthepurposeofprovidingperimeter
landscapingandslopemaintenancethroughouttheCity.ServiceLevelCassessesonlythoseparcelswithinresidentialsubdivisionsreceiving
TCSDperimeterlandscapingandslopemaintenanceandareseparatedinto32zones.TheratelevelsforZones6and29,aresubjecttoa
ConsumerPriceIndexUrbanConsumers(CPIU)annualinflatorwhileallotherratelevelswillnotincrease.Zones3032willnotbeassessed,as
thepropertyownershaveelectedtohavethelandscapingmaintainedbytherespectiveHomeowner'sAssociations(HOAs).
CityofTemecula
FiscalYear201819
MidYearAdjustments
Fund:194SERVICELEVELDREFUSEANDRECYCLING
%Change
201819YeartoDate201819From
201718CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
RevenuesbySource
Licenses,PermitsandServiceCharges
Assessments7,680,0917,991,79049,3247,991,7900.0%
RecyclingProgram17,90618,00014,71118,0000.0%
UseofMoneyandProperty
InvestmentInterest11,2194,0006925,0001,00025.0%
TotalRevenuesandOtherSources7,709,2158,013,79064,7288,014,7901,000 0.0%
ExpendituresbyCategory
Personnel112,55170,24735,12570,2470.0%
OperationsandMaintenance7,730,7118,008,64410,0718,008,6440.0%
TotalExpendituresandOtherFinancingUses7,843,2628,078,89145,1968,078,891 0.0%
ExcessofRevenuesOver(Under)Expenditures(134,047)(65,101)19,532(64,101)1,0001.5%
FundBalance,BeginningofYear428,535294,488294,4880.0%
FundBalance,EndofYear294,488229,387230,3871,0000.4%
FundDescription
ServiceLevelDFundisusedtocollectbenefitassessmentschargedtopropertyownersforthepurposeofprovidingrefusecollection,recycling,
andstreetsweepingthroughouttheCity,whichisprovidedbyCR&R.Inaddition,ServiceLevelDhasreceivedgrantstoincreaserecyclingefforts
Citywide.
CityofTemecula
FiscalYear201819
MidYearAdjustments
Fund:195SERVICELEVELRSTREET/ROADMAINTENANCE
%Change
201819YeartoDate201819From
201718CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
RevenuesbySource
Licenses,PermitsandServiceCharges
Assessments5,6195,5322025,5320.0%
UseofMoneyandProperty
InvestmentInterest6083006340010033.3%
TotalRevenuesandOtherSources6,2275,8322655,932100 1.7%
ExpendituresbyCategory
OperationsandMaintenance2,8479,6632,8009,6630.0%
TotalExpendituresandOtherFinancingUses2,8479,6632,8009,663 0.0%
ExcessofRevenuesOver(Under)Expenditures3,380(3,831)(2,535)(3,731)1002.6%
FundBalance,BeginningofYear23,41126,79126,7910.0%
FundBalance,EndofYear26,79122,96023,0601000.4%
FundDescription
ServiceLevelRFundreflectstheoperational,administrative,constructionandmaintenancecostsforcertainunpavedroadsthatbecome
inaccessibleafterinclementweather.ZoneR1providesserviceintheNicolas/LieferRoadarea.ThemaximumratethatcanbechargedforZone
R1foranimprovedparcelis$115.26andforanunimprovedparcelis$57.62.
CityofTemecula
FiscalYear201819
MidYearAdjustments
Fund:196SERVICELEVELLHARVESTONLAKEPARKMAINTENANCE
%Change
201819YeartoDate201819From
201718CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
RevenuesbySource
Licenses,PermitsandServiceCharges
Assessments239,939241,870241,8700.0%
HarvestonLakeBoatRevenue4,1504,2002,8244,2000.0%
RecoveryofPriorYearExpense1,4730.0%
UseofMoneyandProperty
InvestmentInterest4,5463,5009235,5002,00057.1%
TotalRevenuesandOtherSources250,108249,5703,746251,5702,000 0.8%
ExpendituresbyCategory
Personnel18,92117,7067,82517,7060.0%
OperationsandMaintenance212,872229,57076,608229,5700.0%
TotalExpendituresandOtherFinancingUses231,793247,27684,433247,276 0.0%
ExcessofRevenuesOver(Under)Expenditures18,3152,294(80,686)4,2942,00087.2%
FundBalance,BeginningofYear384,353402,668402,6680.0%
FundBalance,EndofYear402,668404,962406,9622,0000.5%
FundDescription
ServiceLevelLFundreflectsthebenefitassessmentschargedtopropertyownersforthepurposeofmaintainingtheHarvestonLakePark.
Expendituresincludeoperational,administrativeandmaintenancecosts.
CityofTemecula
FiscalYear201819
MidYearAdjustments
Fund:197LIBRARYFUND
%Change
201819YeartoDate201819From
201718CurrentActualsRevisedIncrease/Current
ActualsBudget123118Budget(Decrease)Budget
Description
RevenuesbySource
Licenses,PermitsandServiceCharges
LibraryFundingFromGF/MeasureS770,734662,527165,632662,5270.0%
PrintingandCopies21,10723,7608,10523,7600.0%
FacilitiesRentals4,83012,86311,30315,0002,13716.6%
FinesandForfeitures
FinesandFees78,58266,00038,21869,0003,0004.5%
LostandDamagedMaterials(494)3,000(153)(3,000)100.0%
Miscellaneous
Miscellaneous3,762
UseofMoneyandProperty
InvestmentInterest3,0312,5008405,0002,500100.0%
TotalRevenuesandOtherSources881,552770,650223,944775,2874,637 0.6%
ExpendituresbyCategory
Personnel82,40688,00345,30488,0030.0%
OperationsandMaintenance700,906906,136221,521906,13600.0%
TotalExpendituresandOtherFinancingUses783,312994,139266,825994,1390 0.0%
ExcessofRevenuesOver(Under)Expenditures98,240(223,489)(42,881)(218,852)4,6372.1%
FundBalance,BeginningofYear244,833343,073343,0730.0%
FundBalance,EndofYear343,073119,584124,2214,6373.9%
FundDescription
LibraryFundisusedtoaccountforthemaintenanceandoperationsoftheRonaldH.RobertsTemeculaPublicLibraryonPaubaRoad.
RESOLUTIONNO. 19-
A RESOLUTIONOF THE CITY COUNCILOF THE
CITY OF TEMECULA AMENDING THE CAPITAL
IMPROVEMENT PROGRAM FISCAL YEARS 2019-23
AND AMENDING THE CAPITAL IMPROVEMENT
BUDGET FOR FISCAL YEAR 2018-19
THE CITY COUNCIL OF THE CITY OF TEMECULA DOES HEREBY RESOLVE
AS FOLLOWS:
Section 1.Recitals. The City Council hereby finds, determinesand declares that:
A.On June 12, 2018, the City Council adopted Resolution No. 18-40“approving
the City of Temecula Capital Improvement Program Fiscal Years 2019-23”
(CIP).
B.Amend the Fiscal Years 2019-23 Capital Improvement Program to add the
I-15 Congestion Relief Project; the Pedestrian Signal Equipment Upgrade-
Citywide Project; and the Traffic Signal System Upgrade Project.
C.Amend the 2018-19 appropriation for the French Valley Parkway/I-15
Improvements-Phase III project, to allocate an additional $150,000 in
2018-19 from the Measure S Fund.
D.Appropriate $400,000 in 2018-19 to the I-15 Congestion Relief Project from
the General Fund.
E.Appropriate $38,000 in 2018-19 to the Pedestrian Signal Equipment
Upgrade-Citywide Project from the Measure S Fund.
F.Appropriate $38,000 in 2018-19 to the Traffic Signal System Upgrade Project
fromthe Measure S Fund.
G.On February 20, 2019, the Planning Commission found the Capital
Improvement Program consistent with the General Plan in accordance with
Government Code Section 65401 of State Planning and Zoning Law.
H.Adoption of theseAmendmentsarecategorically exempt from environmental
review under the California Environmental Quality Act (CEQA). Pursuant to
Sections 15262 and 15061 (b) (3) of the State Guidelines for Implementation
of CEQA, a project involving only feasibility or planning studies for possible
future actions because it can be seen with certainty that this prioritizing and
fund allocation program set forth in the Amendment cannot and does not
have the potential to cause a significant effect on the environment. No
physical activity will occur until all required CEQA review is conducted at
the time the physical improvements prioritized in the Amendment are
undertaken. The Council reaffirms and incorporates herein the findings set
forth in Section 1 of Resolution No. 18-40.
I.The budget and appropriationfor theseprojectsareset forth in Exhibit 1, and
are hereby approved.
Section 2.Certification: The City Clerk shall certify the adoption of this resolution.
PASSED, APPROVED, AND ADOPTEDby the City Council of the City of Temecula
this26thday of February, 2019.
Michael S. Naggar, Mayor
ATTEST:
Randi Johl, City Clerk
\[SEAL\]
STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE) ss
CITY OF TEMECULA)
I, Randi Johl,City Clerk of the City of Temecula, do hereby certify that the foregoing
ResolutionNo. 19-was duly and regularly adopted by the City Council of the City of Temecula
at a meetingthereof held on the26thday of February, 2019, by the following vote:
AYES:COUNCIL MEMBERS:
NOES:COUNCILMEMBERS:
ABSTAIN:COUNCILMEMBERS:
ABSENT:COUNCILMEMBERS:
Randi Johl, City Clerk
9IL.L Њ
Capital Improvement Program
Fiscal Years 2019-23
FRENCH VALLEY PARKWAY / I -15IMPROVEMENTS -PHASE III
Circulation Project
ProjectDescription:ThisprojectincludesthedesignandconstructionoftheFrenchValleyParkwayInterchangeandthesouthbound
collector/distributor road system.
Benefit/CoreValue:ThisprojectwilladdressandimprovetrafficcirculationintheCity’snorthernareabyprovidingafullservice
interchangewithonandofframpsinbothdirections.Inaddition,thisprojectsatisfiestheCity’sCoreValueofTransportationMobilityand
Connectivity.
Project Status: Based on funding availability, the design will begin once construction is complete for Phase II of the project.
Department: Public Works - Account No. 210.265.728 Level: I
Prior Years FYE 2018 Midyear 2022-23
Project Cost:
Actual Carryover 2018-192019-20 2020-21 2021-22 Projected and
ExpendituresBudgetProjected ProjectedProjectedProjectedFuture YearsTotal Project Cost
Administration
$ 1,268,000100,000$ 1,368,000$
Acquisition
$ 8,400,00050,000$ 8,450,000$
Caltrans Oversight
$ 15,200,00015,200,000$
Construction
$ 102,500,000102,500,000$
Engineering
$ 2,050,0002,050,000$
Design/Environmental
$ 10,460,00010,460,000$
Totals$ --$ 150,000$ -$ -$ 139,878,000$ -$ 140,028,000$
Prior Years FYE 2018 Midyear 2022-23
Source of Funds:
Actual Carryover 2018-192019-20 2020-21 2021-22 Projected and
ExpendituresBudgetProjected ProjectedProjectedProjectedFuture YearsTotal Project Cost
Measure S
$150,000$150,000
(1)
(WRCOG)
TUMF $ 9,822,9809,822,980$
(2)
TUMF (WRCOG)
$ 43,480,00043,480,000$
(3)
Unspecified$ 86,575,02086,575,020$
Total Funding:$ --$ 150,000$ -$ -$ 139,878,000$ -$ 140,028,000$
Future Operation &
2018-192019-202020-212021-222022-23
Maintenance Costs:
(1) TUMF (WRCOG) - TUMF Zone Funding is eligible for construction of Winchester Interchange pursuant to 2009 Nexus-$9,822,980.00
(2) TUMF (WRCOG) - TUMF Zone Funding is eligible for construction of French Valley Interchange pursuant to 2009 Nexus-$43,480,000.00.
(3) The implementation for this project extends beyond FY 2022-23. Project cannot be constructed until a funding source is identified.
Capital Improvement Program
Fiscal Years 2019-23
I -15CONGESTION RELIEF
Circulation Project
ProjectDescription:Thisprojectincludesthedesignandconstructionofasingleauxiliarylane,northboundInterstate15(I-15)
connecting the Temecula Parkway on-ramp to the Rancho California Road off-ramp.
Benefit/CoreValue:ThisprojectprovidesanoperationalimprovementtorelievecongestiononnorthboundI-15.Itrepresentsone
ofseveraloperationalimprovementsidentifiedbytheMoveI-15RegionalTaskForcetoaddresscongestiononI-15.Thisprojectalso
satisfies the City's Core Value of Transportation Mobility and Connectivity.
Project Status: Project development is set to commence on the later part of Fiscal Year 2018-19
Department: Public Works - Account No. 210.265.609 Level: I
Prior Years FYE 2018 Midyear 2022-23
Project Cost:
Actual Carryover 2018-192019-20 2020-21 2021-22 Projected and Total Project
ExpendituresBudgetProjected ProjectedProjectedProjectedFuture YearsCost
Administration$ 200,00050,000$ 100,000$ 200,000$ 550,000$
Construction$ 2,528,5001,250,000$ 3,778,500$
Const Engineering$ 321,500321,500$
Design/Environmental$350,000$350,000
Totals$ --$ 400,000$ 1,450,000$ 100,000$ 3,050,000$ -$ 5,000,000$
Prior Years FYE 2018 Midyear 2022-23
Source of Funds:
Carryover 2018-192019-20 2020-21 2021-22 Projected and Total Project
Actual
Projected ProjectedProjectedProjectedFuture YearsCost
ExpendituresBudget
General Fund
$ 200,000400,000$ 600,000$
(1)
SHOPP
$ 1,250,0001,250,000$
(2)
Unspecified$ 3,050,000100,000$ 3,150,000$
Total Funding:$ --$ 400,000$ 1,450,000$ 100,000$ 3,050,000$ -$ 5,000,000$
Future Operation &
2018-192019-202020-212021-222022-23
Maintenance Costs:
(1) SHOPP - State Highway Operation and Protection Program and Minor Program
(2) Project cannot be constructed until a funding source is identified.
Capital Improvement Program
Fiscal Years 2019-23
PEDESTRIAN SIGNAL EQUIPMENT UPGRADE -CITYWIDE
Infrastructure / Other Project
ProjectDescription:Thisprojectwillinstallpedestriancountdownsignalheads,ADAcompliantpedestrianpushbutton
equipmentandupgradetrafficsignalcontrollerstoimprovesafetyandoperationsatsignalizedintersectionsCitywideincluding
theButterfieldStageRoad,JeffersonAvenue,MargaritaRoad,RedhawkParkway,PechangaParkway,RanchoCalifornia
Road, Temecula Parkway and Ynez Road corridors.
Benefit/CoreValue:ThisprojectimprovespedestriansafetyandtrafficcirculationthroughouttheCity.Inadditionthis
project satisfies the City's Core Values of a Healthy and Livable Community and A Safe and Prepared Community.
Project Status: This project is estimated to be complete by June 30, 2020.
Department: Public Works - Account No. 210.265.518 Level: I
2022-23
Prior Years FYE 2018 Midyear Projected Total
Project Cost:
Actual Carryover 2018-19 2019-20 2020-21 2021-22 and Future Project
ExpendituresBudgetProjected ProjectedProjectedProjectedYearsCost
Administration
$ 5,0005,000$
Acquisition
$-
Construction
$ 803,200803,200$
Construction Engineering
$ 105,000105,000$
Design/Environmental
$ 33,00033,000$
Utilities$-
Totals$ --$ 38,000$ 908,200$ -$ -$ 946,200$
Prior Years FYE 2018 Midyear Total
Source of Funds:
Actual Carryover 2018-19 2019-20 2020-21 2021-22 2022-23 Project
ExpendituresBudgetProjected ProjectedProjectedProjectedProjectedCost
$-
(1)
HSIP
$ 908,200908,200$
Measure S
$ 38,00038,000$
Total Funding:$ --$ 38,000$ 908,200$ -$ -$ -$ 946,200$
Future Operation & Maintenance
2019-202020-212021-222022-232023-24
Costs:
(1) Highway Safety Improvement Program
Capital Improvement Program
Fiscal Years 2019-23
TRAFFIC SIGNAL SYSTEM UPGRADE
Circulation Project
ProjectDescription:Thisprojectwillinstallprotected/permissivetrafficsignalheads,onnewsignalpolesandsignalmastarms,
relocateexistingequipmentandmodifyexistingstripingandraisedmediansatthefollowingfive(5)intersections:MargaritaRoadat
VerdesLane,YnezRoadatTownCenterNorthandTownCenterSouth,RedhawkParkwayatPaseoParallon/OverlandTrail,and
Winchester Road at Enterprise Circle.
Benefit/CoreValue:ThisprojectimprovestrafficsafetyandcirculationthroughouttheCity.Inaddition,thisprojectsatisfiestheCity’s
Core Values of A Safe and Prepared Community, and Transportation Mobility and Connectivity.
Project Status: This project is estimated to be complete by June 30, 2020.
Department: Public Works - Account No. 210.265.610 Level: I
Prior Years FYE 2018 2022-23
Project Cost:
-2019-20 2020-21 2021-22 Projected and Total Project
Actual Carryover Midyear 2018
ExpendituresBudget19 ProjectedProjectedProjectedProjectedFuture YearsCost
Administration
$ 5,0005,000$
Construction$ 481,900481,900$
Construction Engineering
$ 62,00062,000$
Design/Environmental$ 33,00033,000$
Totals$ --$ 38,000$ 543,900$ -$ -$ -$ 581,900$
Prior Years FYE 2018
Source of Funds:
-2019-20 2020-21 2021-22 2022-23 Total Project
Actual Carryover Midyear 2018
ExpendituresBudget19 ProjectedProjectedProjectedProjectedProjected Cost
(1)
HSIP
$ 489,510489,510$
Measure S$ 54,39038,000$ 92,390$
Total Funding:$ --$ 543,900$ -$ -$ -$ 581,900$
Future Operation & Maintenance
2018-192019-202020-212021-222022-23
Costs:
$ --$ -$
(1) Highway Safety Improvement Program
ITEM NO . 17
CITY OF TEMECULA
AGENDA REPORT
TO:City Manager/City Council
Jennifer Hennessy, Directorof Finance
FROM:
February26, 2019
DATE:
Receive and File Presentation by Roger Alfaro of Vavrinek, Trine, Day & Co.,
SUBJECT:
LLP. Regarding the Annual CAFR Report
PREPARED BY:Rudy J. Graciano, Fiscal ServicesManager
RECOMMENDATION:That the City Council receive and file the City’sComprehensive
Annual Financial Report(CAFR)as of June30, 2018.
BACKGROUND:As required by the Municipal Code and State Law, an independent
audit isannually conducted onthe City’s financial statements. This annual financial report, known
as the Comprehensive Annual Financial Report(CAFR),communicates the City’s financial
condition and activities for the year ended.
The City’s current independent auditors, Vavrinek, Trine, Day & Co., LLP (VTD) performed the
audit for the most recent year ended. This audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the financial statements. The independent auditors
unmodified (clean)report provides assurance that the CAFR, and audited information within,
fairly presents the City’s financial position for the year endingJune 30, 2018. This audit is
performed in compliance with the City’s Municipal Codeand General Law requirements. A Letter
from the independentauditors regarding their professional responsibilities and an Internal Control
Report are alsosubmitted along with this report.
The City of Temecula’s FY2016-17 CAFR was awarded the Certificate of Achievement in
Excellence in Financial Reporting by the Government Finance Officers’ Association of the United
States and Canada (GFOA) for its CAFR. The City has received this award annually since 1991.
Staff anticipates the current CAFR also conforms to the Certificate of Achievement program
requirements.
FISCAL IMPACT:None
ATTACHMENTS:Comprehensive Annual Financial Report for Year Ended June 30,
2018
l
a
u
n
n
A
t
r
e
o
v
i
p
s
e
n
R
e
l
h
a
i
e
r
c
p
n
a
m
n
o
i
F
C
A
I
N
R
O
F
I
L
A
A
L
C
U
,
d
C
e
A
d
E
L
n
U
E
M
r
C
8
E
1
a
E
T
0
e
Y
2
M
F
l
,
E
a
0
O
T
c
3
s
F Y
i
e
F
n
O T
r
I
u
o
J
Y
F
C
T
I
C
PAGEINTENTIONALLY
LEFTBLANK
CITY OF TEMECULA
CALIFORNIA
COMPREHENSIVE ANNUAL
FINANCIAL REPORT
Fiscal Year Ended June 30, 2018
Prepared by:
Finance Director
41000 Main Street
Temecula, CA 92590
(951)694-6430
www.TemeculaCA.gov
Temecula has developed into a very successful City. Our high quality of life is
the result of hard work, compassion, inclusiveness, determination and a shared
vision of excellence by engaged community members, dedicated civic
volunteers, vibrant businesses and, MOST OF ALL, strong families.
Our accomplishments have been, and continue to be, proudly achieved in a
City with heart by placing family first and building partnerships that are as
strong as a family. We are proud to be a family-friendly City. Families are the
heart of Temecula with unwavering strength that begins at home and extends
out into our community. Family Fi
family is growing and thriving with opportunities for everyone.
City of Temecula
Fiscal Year 2017-18
Comprehensive Annual Financial Report
Fiscal Year 2017-18 Comprehensive Annual Financial Report
3
City of Temecula
Fiscal Year 2017-18
Comprehensive Annual Financial Report
Fiscal Year 2017-18 Comprehensive Annual Financial Report
4
City of Temecula
Fiscal Year 2017-18
Comprehensive Annual Financial Report
Fiscal Year 2017-18 Comprehensive Annual Financial Report
5
6
Fiscal Year 2017-18
Comprehensive Annual Financial Report
December 21, 2018
Honorable Mayor, Members of the City Council, and City Manager:
Enclosed is the Comprehensive Annual Financial Report of the City of Temecula (City) for the
Fiscal Year ended June 30, 2018, which has been prepared by the Finance Department. The
responsibility for the accuracy of the data and the completeness and fairness of the presentation,
including all disclosures, rests with the City. The enclosed data is accurate in all material respects
and is reported in a manner designed to fairly present the financial position and results of
operations of the various major funds and fund types of the City. This report includes all City
funds and disclosures necessary to enable the reader to gain an understanding of the City's
financial activities.
Management of the City is responsible for establishing and maintaining an internal control
structure designed to ensure the assets of the government are protected from loss, theft, or
misuse, and to ensure that adequate accounting data is compiled to allow the preparation of
financial statements in conformity with generally accepted accounting principles. The internal
control structure is designed to provide reasonable, but not absolute, assurance that these
objectives are met. The concept of reasonable assurance recognizes that: (1) the cost of the
control should not exceed the benefits likely to be derived; and, (2) the valuation of costs and
benefits requires management estimates and judgment.
Budgets are adopted annually by the City Council through resolution. As provided by City
ordinance, the Director of Finance is responsible for preparing the budget and for its
implementation after adoption. The City maintains budgetary controls to ensure compliance with
legal provisions embodied in the annual budget adopted by the City Council. The level of
budgetary control (that is, the level at which expenditures cannot legally exceed the appropriated
amount) is established at the department level.
All appropriations lapse at year-end, except those approved for carryover through encumbrances
or by Council resolution. The City Manager has the legal authority to transfer operating budget
appropriations within a department. Changes to total departmental appropriations require the
majority approval of City Council.
narrative introduction, overview, and analysis of the basic financial
statements. The MD&A complements this Letter of Transmittal and should be read in conjunction
with it.
7
Fiscal Year 2017-18
Comprehensive Annual Financial Report
PROFILE OF THE CITY
Following a vote by the residents on November 7, 1989, the City incorporated under the general
laws of the State of California on December 1, 1989. Temecula is located approximately 55 miles
northeast of San Diego and approximately 80 miles southeast of Los Angeles in southwestern
Riverside County. Currently, the population is 113,181 and the city limits cover 37.19 square
miles. Temecula is a General Law City and five Temecula citizens make up the Temecula City
Council with each member currently elected, by District, to a four year term of office. The Mayor
is appointed annually by and from the City Council.
The Temecula Community Services District (TCSD), which was also established in 1989, is
responsible for providing parks, recreation, and library services to the citizens of Temecula. The
activities of the TCSD are included with the activities of the City for financial reporting purposes
fiscal matters.
The County of Riverside transferred responsibility for the Temecula Redevelopment Agency
(RDA) to the City on July 1, 1991. The County established the Redevelopment project area in
1988. In June 2011, the Governor of California signed ABx1 26, which dissolved redevelopment
agencies, including the Temecula Redevelopment Agency, effective February 1, 2012, and
provided for the designation of successor agencies to oversee the completion of previously
obligated redevelopment activities. As a result, all assets of the Redevelopment Agency were
transferred to the Successor Agency of the former Redevelopment Agency of the City of
Temecula (SARDA) on February 1, 2012, and the City Council began serving as the Successor
Agency.
The Temecula Public Financing Authority (TPFA) was established pursuant to a Joint Exercise of
Powers Agreement, dated April 24, 2001, by and between the City and the former Redevelopment
Agency. The City and the former Redevelopment Agency formed the TPFA for the primary
purpose of assisting in the financing and refinancing of a community facilities district and the
issuance of bonds necessary to finance the public improvements. The TPFA may establish other
community facilities districts in the future in connection with the financing of public improvements
in the City and could also be used in connection with other City and Agency financings. Council
approved an amendment to the TPFA to provide for the withdrawal of SARDA as a member and
add both TCSD and Temecula Housing Authority as new members.
8
Fiscal Year 2017-18
Comprehensive Annual Financial Report
LOCAL ECONOMY
As San Diego County has become increasingly built out, the inland migration of families and
enterprises has made Temecula a prosperous City. Based on the latest available information
from HDL Companies, for Fiscal Year 2018-19, it is expected that City net taxable values of real
property will increase 4.4% from the prior year, while Countywide net taxable values are expected
to increase 6.1%. In calendar year 2017, the number of single family residential sales totaled
1,900, an increase of approximately 6.1% compared to the prior year, while the median price of
a single family residence was $435,000, an increase of 5.6% compared to the prior year.
unemployment rate as of September 2018 has improved at 3.2% compared to 4.0% from the
same time prior year. This rate compares favorably to the County and State Unemployment rates
of 4.4% and 5.6%, respectively.
According to the most recently received report by the Nielsen Company, t8 average
household income is estimated at $109,659, which is 12.4% higher than the prior year.
The City continues to maintain a strong and diverse sales tax base by promoting economic
development in areas such as advanced manufacturing, light industrial, biotech/bioscience and
retail businesses. Sales tax is the single largest General Fund revenue source for the City,
comprising approximately 50% of total revenue, including transfers in, for Fiscal Year ended June
30, 2018. Total Bradley Burns sales tax revenue for Fiscal Year 2017-18 was approximately
$37.5 million, an increase of approximately 3.9% from the previous year. This increase is primarily
attributed to growth in various categories such as automobiles, fuel, and buildings and
construction.
9
Fiscal Year 2017-18
Comprehensive Annual Financial Report
Temecula continues to exceed the State, County, and surrounding areas with respect to sales tax
per capita:
QUARTERLY SALES TAX PER CAPITA
$9,000
Temecula
Population: 113,181
$8,000
Riverside County
Population: 2,415,955
Southern California
$7,000
Population: 22,482,878
California
$6,000
Population: 39,809,693
$5,000
$4,000
$3,000
Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2
'15'15'15'16'16'16'16'17'17'17'17'18'18
Total transient occupancy tax revenue in Fiscal Year 2017-18 was approximately 1% higher than
the previous year. Also, based on data provided by the Temecula Valley Convention and Visitors
Bureau, 2018 hotel occupancy decreased 1.4% from the prior year, while average daily room
rates increased 2.0% from the prior year. The impact of a recent expansion of the Pechanga
occupancy tax revenues.
10
Fiscal Year 2017-18
Comprehensive Annual Financial Report
ECONOMIC DEVELOPMENT
is alive and well and has been a
top priority since incorporation. Temecula has strived to create a future enriched with higher
education opportunities, maintaining the highest levels of public safety, expanded job growth, a
wide variety of retail, food and entertainment opportunities, and keeping well maintained roads,
landscaped medians and beautiful parks at the forefront of our efforts. Community special events
have become long time traditions that help define who we are as a City and are important
contributors to the high quality of life that our residents have come to know and love.
With approximately 55,100 jobs within the city limits, Temecula is the job center for southwest
Riverside County. Our strong industry clusters include:
Biomedical/Biotech/Life Science
Technology
Part of
businesses attraction strategy is to be business-friendly in terms of costs. As a result, Temecula
is among the top 5% lowest cost cities to do business in California based on a 2017 study
conducted by the Rose Institute of State and Local Government.
11
Fiscal Year 2017-18
Comprehensive Annual Financial Report
The , located in the
heart of Old Town and currently in Plan Review, proposes to add two commercial buildings for
restaurant and retail totaling approximately 78,000 square foot on the 2 lots in front of City Hall.
12
Fiscal Year 2017-18
Comprehensive Annual Financial Report
With the medical needs of growing population, the City formed a Regional Cancer
Services Task Force with other southwest cities, hospitals, and healthcare professionals. The
goal is to continue to attract high quality additional cancer medical services to the local area.
LONG TERM FINANCIAL PLANNING
13
Fiscal Year 2017-18
Comprehensive Annual Financial Report
14
Fiscal Year 2017-18
Comprehensive Annual Financial Report
Revenues were projected using a conservative approach, and are based on historical trends,
stable residential development projections, and commercial growth that incorporates known
development projects. Separate sets of assumptions were developed for major revenue types
such as sales tax, property tax, community development fees, transient occupancy taxes, and
investment income.
Departmental expenditure projections are developed using anticipated cost of living increases for
general and administrative operating costs. Additional assumptions were incorporated for major
expenditure categories such as public safety to ensure that commercial and residential growth
projections were addressed to maintain current service levels. The five-year capital improvement
program was also reviewed with the annual operating and maintenance costs of each proposed
project identified and included in the forecast.
During FY17-18, the City Council adopted Policy XII. Pension Rate Stabilization Policy that
outlines the establishment of an Internal Revenue Code (IRC) Section 115 Irrevocable Trust.
Additionally, the City Council approved an appropriation of $8 million in seed funding to be set
aside into the Trust in Fiscal Year 2017-18 that could "pre-fund" its CalPERS unfunded liability.
This would provide the City with an alternative to sending funds to CalPERS that will allow for
greater local control over assets, investment by a professional fund management team selected
and monitored by the City, with future excess contributions transferred to the Trust at the City's
discretion.
15
Fiscal Year 2017-18
Comprehensive Annual Financial Report
General Fund 5-Year Projections
Fund Balance Trend
35,000,000
Actuals
Projected
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
FY12-13FY13-14FY14-15FY15-16FY16-17FY17-18FY18-19FY19-20FY20-21FY21-22
Fund BalanceFunded ReserveDesired Reserve
The City was recently notified by the County Executive
Office
contract rate. If approved by the Board of Supervisors, the new rate would affect the Fiscal Year
2018-19 Police Budget. The Board of Supervisors is considering the inclusion of several public
safety services not currently included in the contract rate, including: aviation services, patrol
-19
is projected to increase from 5% over the prior year, to 12.5%, if full implementation is approved
Fiscal Year 2018-19. A phased implementation, over a three-year period, is also being
c-19, $902k in
FY19-20 and $1.1M in FY20-21. The County Board of Supervisors is expected to consider this
proposal in either June or July 2018.
Proposition 64: Control, Regulate and Tax Adult Use of Marijuana Act (AUMA)
In November 2016, California voters approved Proposition 64 by a margin of 56% to 44% to
legalize recreational use of cannabis for persons 21 years of age and over. Under Proposition
64, local governments have the ability to regulate, license or prohibit commercial cannabis. While
the City of Temecula currently prohibits all commercial cannabis, a recently conducted community
survey provided Council with information to evaluate the Cannabis Ordinance. Future community
-19.
16
Fiscal Year 2017-18
Comprehensive Annual Financial Report
State Water Resources Control Board 13383 Order
On April 7, 2015, the State Water Resources Control Board (State Water Board) adopted
statewide Trash Provisions to address the pervasive impacts trash has on the beneficial uses of
surface waters. The Trash Provisions establish a statewide water quality objective for trash and
a prohibition of trash discharge, or deposition where it may be discharged, to surface waters of
the State. As a result of this Order, the City must install, operate and maintain full capture systems
for the storm drain network that capture runoff. It is estimated that a total of 500 catch basin inlet
filters will be installed over a 10-year period, beginning in 2019.
Homelessness
According to the 2014 Annual Homeless Assessment Report, more than one in five people who
are homeless in the United States live in California, and two-thirds of all people experiencing
homelessness in California are unsheltered. Although homelessness exists statewide
exacerbated by decades of deep cuts to federal and state funding for affordable housing and by
rising inequalityit is managed mostly at the local level. The state legislature has been slow to
respond to this widespread problem, forcing municipal governments to address homelessness
often with limited resources. The City of Temecula established its Responsible Compassion
program within the Temecula Community Services Department and has dedicated local resources
to further improve quality of life by developing awareness, understanding and participation in a
comprehensive strategy to solve homelessness in Temecula.
17
Fiscal Year 2017-18
Comprehensive Annual Financial Report
-year Capital Improvement Program (CIP) is presented to the City Council in June
of each year. This program provides a five-year plan for capital improvements that is updated
annually to ensure compliance with the program. The impact of capital projects on maintenance
and operating costs were taken into consideration in the development of the operating budget.
Circulation, infrastructure, parks, affordable housing, and other various projects are identified in
the CIP budget.
Overall, the Proposed Fiscal Years 2019-23 CIP includes 60 separate projects with total cost to
complete estimated at $388,709,091, as outlined in the table below:
Revenue from various identified sources for the Five-Year Capital Improvement Program is
projected to be $289,205,918 The City
includes several projects with unidentified funding sources in the third, fourth, and fifth years of
the five-year program, totaling $100,688,097. The City is continually exploring and applying for
federal, state and regional funding opportunities to enable the delivery of these currently unfunded
projects. The five-year CIP is updated annually and newly secured revenues are programmed
toward prioritized projects that may be shown as unfunded at this time. Although total project
costs to complete for the entire five-year CIP is over $388,709,091, a total of $289,205,918, or
74%, of the total funding has been secured.
Diaz Road Expansion
French Valley Parkway/Interstate-15 Over-Crossing and Interchange Improvements-
Phase II
Murrieta Creek Bridge at Overland Drive
Pavement Rehabilitation Program Citywide
Medians and Parkways - Citywide
Traffic Cameras and Communication Equipment -Citywide
Library Parking Phase II
Nicholas Road Extension and Improvements
18
Fiscal Year 2017-18
Comprehensive Annual Financial Report
RELEVANT FINANCIAL POLICIES
The Fund Balance Policy pursuant to Governmental Accounting Standards Board (GASB)
Statement No. 54, authorizes the Director of Finance to work with the City Manager to assign fund
balance classifications for the purpose of annual financial reporting. The Interfund Transfers and
Loans Policy distinguishes between Interfund Transfers and Interfund Loans and allows for loans
within appropriate funds whenever repayment is expected within the immediate future.
Restricted fund balance should be spent first when an expenditure is incurred for which both
restricted and unrestricted fund balance is available. When an expenditure is incurred for
purposes where amounts in any of the unrestricted classifications of fund balance could be used,
committed amounts are considered to be spent first, followed by assigned amounts and then
unassigned amounts.
It is City policy to maintain total reserves of 25% of Annual General Fund appropriations. This
reserve would be used to finance any significant unanticipated revenue shortfalls, significant
unanticipated expenditures, negative State budget impacts, impacts from natural disasters or
other catastrophic events, significant payouts of Comprehensive Annual Leave, or making one-
time investments in infrastructure that will create financial benefit to the City.
or greater than operating expenditures. Ending fund balance in the General Fund for Fiscal Year
2018-19 meets the minimum policy level of 25% of operating expenditures. It is allowable for total
expenditures to exceed revenues in a given year, but beginning fund balance can only be used
to finance expenditures such as Capital Improvement Plan projects or one-time expenditure
projects.
MAJOR INITIATIVES
The Rose Institute recently ranked Temecula within the top 5% of Cities with the Lowest Cost for
Busine, and Temecula is within the top 10% of Cities with the
Lowest Cost for Business within the entire Western United States. Temecula also has the lowest
annual business license fee among all cities in Riverside County.
The City recently launched a new City of Temecula App, which is designed to enhance citizen
engagement by streamlining access to City information. Within the app, visitors will be able to
find information regarding City parks and facilities, contact information, news, social media news,
and event calendars, as well as allowing access to City services. Visitors will also be able to
report non-emergency issues to the City at any time of the day or night, such as potholes and
graffiti.
19
Fiscal Year 2017-18
Comprehensive Annual Financial Report
The City of Temecula and other elected officials and representatives of surrounding agencies and
organizations created the Regional Cancer Treatment Task Force to assess the state of cancer
related services and treatment options in Southwest Riverside County. The objective of the Task
Force is to bring more specialized medical services to the region so patients do not have to travel
to larger metropolitan areas for their medical needs. The Task Force is currently producing a
magazine that will serve as a cancer research guide for Southwest Riverside County.
The City Council recently adopted its Uptown Temecula Specific Plan. Formerly known as the
Jefferson Avenue area, Uptown Temecula is located just north of Old Town in Temecula and
encompasses approximately 560 acres north of Rancho California Road and west of Interstate
15, with Jefferson Avenue being the primary corridor. The future vision of Uptown Temecula is a
vibrant, pedestrian-friendly, urban area within the City that allows for mix of uses ranging from full
service hotels to multi-level residential, mixed use, and commercial uses; depending on the
designated zoning district. This is a long term plan with expanded land uses to stimulate
redevelopment. Streetscape and Sidewalk Improvement Standards and proposed amendments
are expected to be reviewed by the Planning Commission and City Council in 2019.
The City has begun efforts to develop a short term rental ordinance. This has included community
outreach to evaluate interest and community perspective regarding short term rentals. City
Council has directed staff to begin working on policy development and an ordinance, which is
expected to be completed in 2019.
The City is working with a consultant to update the 2010 Old Town Parking Management Plan.
This study will take a detailed look at existing parking policies and standards, supply and demand
within the study area, as well as the effect that planned future development and recently approved
and pending projects for the area will have on future demand. Staff is currently in the process of
reviewing the study.
The City Council recently made appointments to the Move I-15 Through Temecula Valley Task
Force. The Task Force initiated conversations with local jurisdictions, and regional transportation
partners, to address the daily I-15 freeway traffic congestion between the I-15/215 Junction and
the San Diego County line. The City invited the Cities of Murrieta, Lake Elsinore, Wildomar,
Menifee and the Pechanga Tribe to participate in discussions. Every jurisdiction shares the same,
strong sentiment that traffic on I-15 through Temecula Valley is a major economic and quality of
life concern for the region, and beyond. This is not a Temecula-only issue as residents, visitors,
businesses and commuters from all cities in Southwest Riverside County are traveling to and from
San Diego County and are significantly delayed by the bottleneck of traffic through Temecula
Valley on I-15. Nationwide, the interstate connects Southern California to Canada passing through
the states of California, Nevada, Arizona, Utah, Idaho, and Montana and is the major corridor for
freight and commerce throughout Western United States.
with citizen input, found that 95% of residents rated the quality of life in Temecula as excellent or
good. The most common response for what residents liked most about living in Temecula was
its small town feel and community involvement, followed by low crime rate and cleanliness. Also,
93% of residents indicated they we
20
Fiscal Year 2017-18
Comprehensive Annual Financial Report
According to the Survey, traffic congestion is the primary concern, and the priority for future City
spending should be for infrastructure improvements to improve traffic circulation, followed by
providing incentives to attract new employers and jobs to the City.
ACKNOWLEDGMENTS
Preparation of the City's Comprehensive Annual Financial Report is an undertaking of the Finance
Department. Special credit is due to Rudy J. Graciano, CPA, Fiscal Services Manager; Pascale
Brown, Fiscal Services Manager; Tricia Hawk, Budget Manager; and Jada Shafe, Accounting
Technician II, as well as the entire Finance Department staff. Their year-long hard work and
dedication have made this report possible.
I would like to express my appreciation to the City Manager, City Council, and the Finance
Committee for their interest and support in planning and conducting the financial operations of
the City in a responsible and progressive manner.
Sincerely,
Jennifer Hennessy
Jennifer Hennessy
Director of Finance
21
Fiscal Year 2017-18
Comprehensive Annual Financial Report
GOVERNMENT FINANCE OFFICERS
ASSOCIATIONAWARD
22
Fiscal Year 2017-18 Comprehensive Annual Financial Report
City of Temecula
Fiscal Year 201-1
Comprehensive Annual Financial Report
#)49 /2'!.):!4)/.!, #(!24
Citizens of Temecula
City Council
Commissions
City Attorney
City Manager
Community
City Clerk
Development
Information
Technology/Support
Finance
Services
Community
Public Works
Services
*
Human ResourcesPolice / Fire
\[Contract\]
Emergency
Economic
Management
Development
ΫtƚƌźĭĻ ğƓķ CźƩĻ ƭĻƩǝźĭĻƭ ğƩĻ ĭƚƓƷƩğĭƷĻķ ƷŷƩƚǒŭŷ wźǝĻƩƭźķĻ /ƚǒƓƷǤ͵
Fiscal Year 201-1 Comprehensive Annual Financial Report
23
City of Temecula
Fiscal Year 201-1
Comprehensive Annual Financial Report
$)2%#4/29
EXECUTIVE MANAGEMENT:
City Manager ...................................................................................... Aaron Adams
Assistant City Manager .......................................................................... Greg Butler
City Clerk .................................................................................................. Randi Johl
City Attorney ................................................................................ Peter M. Thorson
Director ...................................................................... Jennifer Hennessy
Community Development................................................. Luke Watson
Public Works........................................... Patrick Thomas
Community Services........................................................ Kevin Hawkins
I...........................................................Michael Heslin
Human Resources Manager ............................................................... Isaac Garibay
Chief of Police .................................................................................. Lisa McConnell
Fire Chief ........................................................................................... Charlie Dehart
CITY OF TEMECULA CAFR TEAM:
Director of Finance ..................................................................... Jennifer Hennessy
Fiscal Services Manager ....................................................................Rudy Graciano
Fiscal Services Manager .................................................................... Pascale Brown
Accountant Technician II ......................................................................... Jada Shafe
................................................................
Fiscal Year 201-1 Comprehensive Annual Financial Report
24
INDEPENDENT
REPORT
2
INDEPENDENT AUDITORS’ REPORT
To the City Council
City of Temecula, California
Report on the Financial Statements
We have audited the accompanying financial statements of the governmental activities, each major fund, and the
aggregate remaining fund information of the City of Temecula, California (City), as of and for the year ended
June 30, 2018, and the related notes to the financial statements, which collectively comprise the City’s basic
financial statements as listed in the table of contents.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in accordance
with accounting principles generally accepted in the United States of America; this includes the design,
implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial
statements that are free from material misstatement, whether due to fraud or error.
Auditors’ Responsibility
Our responsibility is to express opinions on these financial statements based on our audit. We conducted our
audit in accordance with auditing standards generally accepted in the United States of America and the standards
applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of
the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the
financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the
risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk
assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the
financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the
purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no
such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the
reasonableness of significant accounting estimates made by management, as well as evaluating the overall
presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit
opinions.
2
10681 Foothill Blvd., Suite 300, Rancho Cucamonga, CA 91730 P 909.466.4410 F 909.466.4431 W vtdcpa.com
Opinions
In our opinion, the
financial statements referred to above present fairly, in all material respects, the respective
financial position of the governmental activities, eachmajor fund, and the aggregate remaining fund information
of the City, as of June 30, 2018, and the respective changes in financial position, and, where applicable, cash
flows thereof and the respective budgetary comparison statements for the General Fund and each of the major
special revenue funds for the year then ended in accordance with accounting principles generally accepted in the
United States of America.
Emphasis of Matter
As described in Note 1 to the financial statements, the City adopted Governmental Accounting Standards Board
(GASB) Statement No. 75, Accounting and Financial Reporting for Postemployment Benefits Other Than
Pensions,as of July 1, 2017. Our opinion is not modified with respect to this matter.
Other Matters
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s
discussion and analysis, schedule of changes in the net pension liability and related ratios, schedule of pension
contributions, schedule of changes in the net other post-employment benefits (OPEB) liability and related ratios,
and schedule of OPEB contributions as listed in the table of contents, be presented to supplement the basic
financial statements. Such information, although not a part of the basic financial statements, is required by the
Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for
placing the basic financial statements in an appropriate operational, economic, or historical context. We have
applied certain limited procedures to the required supplementary information in accordance with auditing
standards generally accepted in the United States of America, which consisted of inquiries of management about
the methods of preparing the information and comparing the information for consistency with management’s
responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the
basic financial statements. We do not express an opinion or provide any assurance on the information because the
limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Other Information
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively
comprise the City’s basic financial statements. The introductory section, combining and individual nonmajor
fund financial statements and schedules, and statistical section, are presented for purposes of additional analysis
and are not a required part of the basic financial statements.
The combining and individual nonmajor fund financial statements and schedules are the responsibility of
management and were derived from and relate directly to the underlying accounting and other records used to
prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in
the audit of the basic financial statements and certain additional procedures, including comparing and reconciling
such information directly to the underlying accounting and other records used to prepare the basic financial
statements or to the basic financial statements themselves, and other additional procedures in accordance with
auditing standards generally accepted in the United States of America. In our opinion, the combining and
individual nonmajor fund financial statements and schedules are fairly stated in all material respects in relation to
the basic financial statements as a whole.
The introductory and statistical sections have not been subjected to the auditing procedures applied in the audit of
the basic financial statements and, accordingly, we do not express an opinion or provide any assurance on them.
2
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated December 21, 2018, on
our consideration of the City’s internal control over financial reporting and on our tests of its compliance with
certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that
report is solely to describe the scope of our testing of internal control over financial reporting and compliance and
the results of that testing, and not to provide an opinion on the effectiveness of the City’s internal control over
financial reporting or on compliance. That report is an integral part of an audit performed in accordance with
Government Auditing Standards in considering the City’s internal control over financial reporting and
compliance.
Riverside, California
December 21, 2018
2
As management of the City of Temecula (City), we offer readers of the Citys financial statements
this narrative overview and analysis of the financial activities of the City for the fiscal year ended
June 30, 2018. We encourage readers to consider the information presented here in conjunction
with additional information that we have furnished in our letter of transmittal, which can be found
in the Introductory Section of this report, and with the Citys financial statements which follow this
discussion.
·
·
·
·
The Managements Discussion and Analysis is intended to serve as an introduction to the Citys
basic financial statements. The Citys basic financial statements comprise three components: 1)
Government-Wide Financial Statements; 2) Fund Financial Statements; and, 3) Notes to the
Financial Statements. This report also contains other supplementary information in addition to
the basic financial statements themselves.
The government-wide financial statements are designed to provide readers with a broad overview
of the Citys finances in a manner similar to a private-sector business.
The statement of net position presents information on all the Citys assets, deferred outflows of
resources, liabilities, and deferred inflows of resources with the difference reported asnet
position. Over time, increases or decreases in net position may serve as a useful indicator of
whether the financial position of the City is improving or deteriorating.
The statement of activities presents information showing how the governments net position
changed during the most recent fiscal year. All changes in net position are reported as soon as
the underlying events giving rise to the change occurs, regardless of the timing of related cash
flows. Thus, revenues and expenses are reported in this statement for some items that will only
result in cash flows in the future fiscal periods (e.g., uncollected taxes and earned but unused
vacation leave).
The government-wide financial statements present information about the functions of the City that
are principally supported by taxes and intergovernmental revenues (governmental activities). The
governmental activities of the City include general government, public safety, public works,
community services, and community development.
The government-wide financial statements can be found on pages 4 4 of this report.
FUND FINANCIAL STATEMENTS
A fund is a grouping of related accounts that is used to maintain control over resources that have
been segregated for specific activities or objectives. The City, like other state and local
governments, uses fund accounting to ensure and demonstrate compliance with finance-related
legal requirements. All of the funds of the City can be divided into three categories: governmental
funds; proprietary funds; and, fiduciary funds.
Governmental Funds.Governmental funds are used to account for essentially the same
functions reported as governmental activities in the government-wide financial statements.
However, unlike the government-wide financial statements, governmental fund financial
statements focus on near-term inflows and outflows of spendable resources, as well as on
balances of spendable resources available at the end of the fiscal year. Such information may
be useful in evaluating a governments near-term financing requirements.
Because the focus of governmental funds are narrower than that of the government-wide financial
statements, it is useful to compare the information presented for governmental fundswith similar
information presented for governmental activities in the government-wide financial statements.
By doing so, readers may better understand the long-term impact of the governments near-term
financing decisions.
Both the governmental funds balance sheet and governmental fund statement of revenues,
expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison
between governmental funds and governmental activities.
3
The City maintains various individual government funds. Information is presented separately in
the governmental fund balance sheet and in the governmental fund statement of revenues,
expenditures, and changes in fund balances for the General Fund, Community Services District
Special Revenue Fund, City Housing Special Revenue Fund, Measure A Special Revenue Fund,
Capital Outlay Capital Projects Fund, and Roripaugh Ranch Capital Projects Fund, all of which
are considered to be major funds.
Data from other governmental funds are combined into a single, aggregate presentation.
Individual fund data for each of these other governmental funds is provided in the form of
combining statements elsewhere in this report. The basic governmental fund financial
statements can be found on pages 4 4 and 5 of this report.
The City adopts an annual appropriated budget for its General Fund. A budgetary comparison
statement has been provided for the General Fund to demonstrate compliance with this budget.
Proprietary Funds. The City maintains various internal service funds. Internal service funds
are an accounting device used to accumulate and allocate costs internally among the Citys
various functions. The City uses internal service funds to account for its self-insurance activities,
workers compensation activities, vehicles, information technology, technology replacement,
support services, and facilities. Because these services benefit governmental functions, they
have been included within governmental activities in the government-wide financial statements.
The internal service funds are combined into a single, aggregated presentation in the proprietary
fund financial statements. Individual fund data for the internal service funds is provided in the
form of combining statements elsewhere in this report. The basic proprietary fund financial
statements can be found on pages of this report.
Fiduciary Funds. Fiduciary Funds are used to account for resources held for the benefit of
parties outside the government. Fiduciary funds are not reflected in the government-wide
financial statements because the resources of those funds are notavailable to support the
Citys own programs. The basic fiduciary fund financial statements can be found on page 6
of this report.
NOTES TO THE FINANCIAL STATEMENTS
The notes provide additional information that is essential to a full understanding of the data
provided in the government-wide and fund financial statements. The notes to the
financial statements can be found on pages of this report.
3
OTHER INFORMATION
The combining statements referred to earlier in connection with other governmental funds, internal
service funds, and schedules of revenues, expenditures, and changes in fund balance-
budget and actual can be found beginning on page of this report.
Summary of Net Position as of June 30, 2018 and June 30, 2017:
Governmental Governmental
Activities for 2018Activities for 2017
Current and Other Assets$ 161,983,224$ 151,558,119
Capital Assets 678,930,887 662,788,130
TOTAL ASSETS 840,914,111 814,346,249
Deferred Amounts on Pension and
Other Post Employment Benefits 11,823,485 7 ,264,099
TOTAL DEFERRED OUTFLOWS 11,823,485 7,264,099
Current and Other Liabilities 17,144,003 15,215,903
Long Term Liabilities 69,888,544 55,561,902
TOTAL LIABILITIES 87,032,547 70,777,805
Deferred Amounts on Pension and
Other Post Employment Benefits 7 45,686 1 ,104,924
TOTAL DEFERRED INFLOWS 745,686 1,104,924
NET POSITION:
Net Invested in Capital Assets 659,453,306 641,728,737
Restricted 73,806,195 76,492,505
Unrestricted 31,699,862 31,506,377
TOTAL NET POSITION$ 764,959,363$ 749,727,619
3
The net position of the City increased by approximately $26.8 million, before net restatements, at
June 30, 2018 due to total governmental revenues of $142.0 million exceeding total governmental
expenses of $115.2 million. The government-wide financial statements provide long-term and
short-term information about the Citys overall financial condition. This analysis addresses the
Citys financial statements as a whole.
The largest portion of the Citys net position (86.3%) reflects the investment in capital assets (e.g.,
buildings, machinery and equipment), less any related debt used to acquire those assets that are
still outstanding. The City uses these capital assets to provide services to citizens; consequently,
these assets are not available for future spending. Although the Citys investment in its capital
assets is reported net of related debt, it should be noted that the resources needed to repay this
debt must be provided from other sources, since the capital assets themselves cannot be used
to liquidate these liabilities.
An additional portion of the Citys net position (9.6%) represents resources that are subject to
external restrictions on how they may be used.
The remaining balance of the Citys net position (4.1%) may be used to meet Temeculas ongoing
obligations to citizens and creditors. The decrease of $7.8 million is due primarily to the
recognition and restatement of other post-employment benefits due to the implementation of
GASB Statement No. 75 effective July 1, 2017.
GOVERNMENTAL ACTIVITIES
Governmental activities increased the Citys net position by approximately $26.8 million thereby
accounting for 100% percent of the total change in the net position of the City. Key elements of
this change are as follows:
3
Summary of Changes in Net Position for the years ended June 30, 2018 and June 30, 2017:
Governmental Governmental
Activities for Activities for
20182017
REVENUES:
Program Revenues:
Charges for Services$ 22,404,341$ 22,593,165
Operating Grants and Contributions 4,585,120 3,592,167
Capital Grants and Contributions 23,418,381 16,976,433
General Revenues:
Taxes:
Property Taxes 18,922,624 18,162,327
Transient Occupancy Taxes 3,344,984 3,321,698
Sales Taxes 63,873,060 42,143,580
Franchise Taxes 3,617,095 3,581,942
Other Taxes 1,026,430 969,433
Intergovernmental Revenue-Motor Vehicles in Lieu5 8,441 48,859
Use of Money and Property5 60,404 135,195
Other2 15,042 99,752
142,025,922 111,624,551
TOTAL REVENUES
EXPENSES:
General Government 16,335,701 11,837,495
Public Safety 39,510,108 32,809,044
Community Development 6,735,083 5,857,499
Community Services 24,838,757 21,570,625
Public Works 27,016,937 21,490,169
Interest on Long Term Debt7 41,890 792,778
115,178,476 94,357,610
TOTAL EXPENSES
Increase in Net Position 26,847,446 17,266,941
Net Position - Beginning of Year 749,727,619 732,460,678
Net Restatements (11,615,702) -
Net Position - Beginning of Year (As Restated) 738,111,917 732,460,678
Net Position - End of Year$ 764,959,363$ 749,727,619
3
·Operating grants and contributions increased by approximately 27.6% primarily due to
increased allocations of gasoline excise revenues
·Capital grants and contributions increased by approximately 37.9% primarily due to capital
grants received from the U.S. Department of Transportation for construction of the I-15
SR79S Ultimate Interchange project.
·Property tax revenue increased by approximately 4.1% primarily due to higher assessed
valuations on properties within the City.
·Sales taxes revenue increased by approximately 51.6% primarily due to the first full year
of a one-cent transaction and use tax which became effective April 1, 2017 with the
passage of Measure S. Growth in various business sectors also contributed to the
increase.
·Use of Money and Property increased by approximately 314.5% primarily due to rising
interest rates impacting the fair value of investments as these investments get closer to
maturity.
·Other revenue increased by approximately 115.6% primarily due to monies received from
property damage claims.
·General Government expenses increased by approximately 38.0% primarily due to
increased contributions to the retiree health care reserve account and changes in net
pension liabilities and pension deferred inflow/outflows.
·Public Safety expenses increased by approximately 20.4% primarily due to the addition
of additional police officers and related equipment, additional staffing associated with
opening of Fire Station 95, increased fire contract rates, as well implementation of the
fire inspection program.
·Community Development expenses increased by approximately 15.0% primarily due to
increased Code Enforcement costs, in addition to increases in salaries and internal
service allocation costs.
·Community Services expenses increased by approximately 15.1% primarily due to
increased efforts in the Responsible Compassion program to address homelessness
within the City, increases in refuse and recycling program costs, as well as changes in net
pension liabilities and pension and other post-employment benefit deferred
inflows/outflows.
·Public Works expenses increased approximately 25.7% primarily due to increased park
maintenance activities, depreciation on infrastructure assets, as well as changes in net
pension liabilities and pension deferred inflow/outflows.
3
FINANCIAL ANALYSIS OF THE GOVERNMENTS FUNDS
The City uses fund accounting to ensure and demonstrate compliance with finance-related legal
requirements.
Governmental Funds. The focus of the Citys governmental funds is to provide information on
near-term inflows, outflows, and balances of spendable resources. Such information is useful in
assessing the Citys financing requirements. In particular, unassigned fund balancemay serve
as a useful measure of the governments net resources available for spending at the end of the
fiscal year.
Proprietary Funds. The Citys proprietary funds are the internal service funds, which are used
to account for activities and services performed for other departments within the City on a cost
reimbursement basis.
The major factors in fund balance changes are as follows:
·
·
·
·
·
·The Roripaugh Ranch Capital Projects Fund recognized a decrease of approximately
$230,000 primarily due to continued work on the Butterfield Stage Road extension.
·Other Governmental Funds, which are nonmajor funds, recognized a combined
decrease of approximately $926,000. In these funds, fund balances are often
accumulated prior to their transfer to the Capital Outlay fund, where they are used to pay
for capital improvement construction costs. These funds are further detailed beginning on
page of this report.
3
The difference between the original budget and the final amended budget reflects a $368,956
increase in appropriations, including operating transfers out, and can be briefly summarized as
follows:
·The net increase of $550,000 in City Attorney is primarily due to an increase in contract
legal expenditures.
·The net increase of $91,125 in Personnel is primarily due to an increase in contract legal
expenditures.
·The net decrease of $939,227 in Police is primarily due to ongoing vacant positions,
reduced contract rates, and lower than anticipated operational expenditures.
·The net decrease of $29,827 in Community Development is primarily due to less
temporary help needed for development projects that did not materialize as anticipated.
·The net increase of $15,897 in Public Works is primarily due to higher consulting services
to complete environmental compliance reviews and overtime wages due to increased
development activity.
·The net increase of $626,665 in Transfers Out is primarily due to higher transfers to the
CIP fund in order to accelerate the completion of various CIP projects.
Actual revenues, excluding transfers in, received for the General Fund were $2,117,434 higher
than budget and are summarized as follows:
·
·
·
·
·
·
3
·
·
·
·
·
·
·
·
·
3
CAPITAL ASSET AND DEBT ADMINISTRATION
·
·
·
·
·
·
·
·
·
·
Summary of Changes in Capital Assets for the year ending June 30, 2018:
Balance at Balance at
June 30, 2017June 30, 2018
IncreaseDecrease
GOVERNMENTAL ACTIVITIES
Capital Assets Not Being
Depreciated:
Land$ 79,959,502$ -$ 79,959,502-$
Right of Way 68,738,629 - - 68,738,629
Construction in Progress 59,827,267 23,546,074 (2,784,036) 80,589,305
208,525,398 23,546,074 (2,784,036) 229,287,436
Total
Capital Assets Being Depreciated:
Building 132,597,006 556,692 - 133,153,698
Improvements other than Buildings48,919,097 3,002,881 (65,605) 51,856,373
Vehicles, Machinery, and Equipment18,041,303 825,336 (717,527) 18,149,112
Furniture and Fixtures 6,112,362 175,015 - 6,287,377
Infrastructure 562,855,168 12,290,070 (262,731) 574,882,507
768,524,936 16,849,994 (1,045,863) 784,329,067
Total
Less Accumulated Depreciation
for:
Buildings (30,409,662) (2,972,799) - (33,382,461)
Improvements other than Buildings(21,020,543) (1,967,158) - (22,987,701)
Vehicles, Machinery, and Equipment(15,022,847) (1,058,095) 760,261 (15,320,681)
Furniture and Fixtures (6,057,267) (6,381) - (6,063,648)
Infrastructure (241,751,885) (15,179,240) - (256,931,125)
(314,262,204) (21,183,673) 760,261 (334,685,616)
Total
Total Capital Assets Being
454,262,732 (4,333,679) (285,602) 449,643,451
Depreciated:
Total Capital Assets-Net
$ 662,788,130$ 19,212,395$ (3,069,638)$ 678,930,887
Additional detail on capital assets is available in Note 4 to the financial statements on page .
Long-Term Debt. At the end of the current fiscal year, the City had a total long-term debt
outstanding of approximately $19.5 million, which is comprised of financing and capital leases
backed by the full faith and credit of the General Fund. During the current fiscal year, long-term
debt decreased approximately $1.6 million primarily due to debt service payments on the 2011
Financing Lease and capital lease obligations.
4
BalanceBalanceDue Within
June 30, 2017AdditionsDeletionsJune 30, 2018One Year
Financing Lease and
Capital Leases:
2011 Financing Lease$ 20,416,000$ -$ 1,389,000$ 19,027,000$ 1,439,000
Capital Leases Payable 643,393 8 1,903 2 74,715 450,581 1 63,117
Total Financing Lease and
Capital Leases
$ 21,059,393$ 8 1,903$ 1,663,715$ 19,477,581$ 1,602,117
Economic Factors and Next Years Budgets and Rates
The key assumptions in the General Fund revenue budget for Fiscal Year 2018-19 were:
Total General Fund estimated revenues, net of operating transfers in, are estimated to reach
$95,284,358, which is a decrease of $1,353,215 from Fiscal Year 2017-18 actual revenues. This
decrease is primarily due to:
1.Sales and Use Tax revenues, which represent approximately 66% of total FY18-19
estimated General Fund revenues, are estimated to decrease by $1,649,761, or 2.6%,
from Fiscal Year 2017-18 actual revenue. This decrease is primarily due to a one-time
increase due to a State Board of Equalization audit finding of a significant taxpayer
completed in FY2017-18. Anticipated growth in various business sectors offset some of
this decrease.
2.Intergovernmental revenues are estimated to increase $291,464, or 3.7%, from Fiscal
Year 2017-18 primarily due to projected increases in assessed valuation of citywide
property.
3.Total property taxes are estimated to increase $165,542, or 2.3%, from Fiscal Year 2017-
18 primarily due to an anticipated increase in assessed valuations of property as they
continue to be re-valued after the Great Recession.
4.Community development revenues are estimated to decrease $379,840, or 9.2%, from
Fiscal Year 2017-18 primarily due to timing of projects built in the City.
All of these factors were considered in preparing the City annual operating budget for Fiscal Year
2018-19.
4
REQUESTS FOR INFORMATION
This financial report is designed to provide a general overview of the Citys finances for all those
with an interest in the governments finances. Questions concerning any of the information
provided in this report or requests for additional financial information should be addressed to City
of Temecula Finance Department, 41000 Main Street, Temecula, California 92590. The Citys
Comprehensive Annual Financial Report can also be found on the Citys website at
http://temeculaca.gov/309/Financial-Reports.
4
Fiscal Year 201-1
Comprehensive Annual Financial Report
4
CITY OF TEMECULA, CALIFORNIA
STATEMENT OF NET POSITION
JUNE 30, 2018
Governmental
Activities
Assets:
Cash and investments$ 59,245,500
Receivables:
Accounts 101,888
Taxes1,651,149
Notes and loans 27,282,931
Accrued interest429,814
Other receivables278,405
Deposits 1,325
Due from other governments 32,767,398
Inventories 3,058
Land held for resale4,400,388
Restricted assets:
Cash and investments 8,009,354
Cash and investments with fiscal agents 22,561,060
Advance to the Successor Agency of the former RDA5,250,954
Capital assets not being depreciated 229,287,436
Capital assets, net of depreciation 449,643,451
840,914,111
Total Assets
Deferred Outflows of Resources
Deferred amounts on pension9,195,913
Deferred amounts on other post-employement benefits2,627,572
11,823,485
Total Deferred Outflows of Resourcs
Liabilities:
Accounts payable 10,443,762
Accrued liabilities453,203
Accrued interest59,459
Deposits payable3,405,779
Unearned revenues 296,443
Noncurrent liabilities:
Due within one year2,485,357
Due in more than one year 19,053,098
Net pension liability 39,622,446
Net other post-employement benefits liability 11,213,000
87,032,547
Total Liabilities
Deferred Inflows of Resources
Deferred amounts on pension602,686
Deferred amounts on other post-employement benefits143,000
,686
Total Deferred Inflows of Resources745
Net Position:
Net investment incapital assets 659,453,306
Restricted for:
Community development projects 42,264,912
Capital projects 26,897,492
Public works132,593
Community services4,511,198
Unrestricted 31,699,862
$ 764,959,363
Total Net Position
See Accompanying Notes to Financial Statements.
4
CITY OF TEMECULA, CALIFORNIA
STATEMENT OF ACTIVITIES
YEAR ENDED JUNE 30, 2018
Net (Expense)
Revenue
and Change
Program Revenuesin Net Position
OperatingCapitalNet
Charges forContributionsContributionsGovernmental
ExpensesServicesand Grantsand GrantsActivities
Functions/Programs
Primary Government:
Governmental Activities:
General government $ 16,335,701$-$ 101,959$ (16,233,742)-$
Public safety39,510,1081,675,564456,825185,935(37,191,784)
Community development6,735,0833,947,984250,0003,024,683487,584
Community services24,838,75712,956,839 7,534 (11,874,384)-
Public works27,016,9373,823,954 3,768,80220,207,763783,582
Interest on long-term debt741,890 -- (741,890)-
Total Governmental Activities115,178,476$$ 22,404,341$ 4,585,120$23,418,381(64,770,634)
General Revenues:
Taxes:
Property taxes, levied for general purpose18,922,624
Transient occupancy taxes3,344,984
Sales taxes63,873,060
Franchise taxes3,617,095
Other taxes1,026,430
Motor vehicle in lieu - unrestricted58,441
Use of money and property560,404
Other 215,042
Total General Revenues 91,618,080
Change in Net Position26,847,446
Net Position, Beginning of Year749,727,619
Restatement of Net Position (Note 18)(11,615,702)
Net Position, Beginning of Year, as restated (Note 18)738,111,917
Net Position, End of Year$ 764,959,363
See Accompanying Notes to Financial Statements.
4
CITY OF TEMECULA, CALIFORNIA
BALANCE SHEET
GOVERNMENTAL FUNDS
JUNE 30, 2018
Special Revenue Funds
Community
Services
GeneralDistrictCity HousingMeasure A
Assets:
Pooled cash and investments
$ 31,077,738$ 4,923,000$ 866,452$ 3,475,927
Receivables:
Accounts
83,674 - - -
Taxes
1,429,999 221,150 - -
Notes and loans
- - 27,282,931 -
Accrued interest
196,495 23,119 8,074 11,063
Other receivables
210,812 3,086 3 66 -
Deposits
1,325 - - -
Due from other governments
12,657,540 33,266 -757,461
Due from other funds
330,576 - - -
Inventories
3,058 - - -
Land held for resale
- 4,400,388- -
Restricted assets:
Cash and investments
8,009,354 - - -
Cash and investments with fiscal agents
- - - -
Advances from the Successor Agency
--5,250,954 -
Total Assets
$ 54,000,571$ 5,203,621$ 37,809,165$ 4,244,451
Liabilities:
Accounts payable
$ 5,930,369$ 564,510$ 50,383$ -
Accrued liabilities
219,065 188,604 2,028 -
Deposits payable
1,833,259 216,509-8 63
Due to other funds
- ---
Unearned revenues
-296,443 --
Total Liabilities
82,6931,266,066 52,411 8 63
7,9
Deferred Inflows of Resources
Unavailable revenues
599,757 - - -
Unavailable revenues - long term notes receivables
- -2 6,937,113 -
Total Deferred Inflows of Resources
599,757 -2 6,937,113 -
Fund Balances:
Nonspendable:
Inventory
3,058 - - -
Deposits
1,325 - - -
Restricted for:
Land held for resale
- -4,400,388 -
Advances to Successor Agency
- -5,250,954 -
Notes and loans
- - 345,818 -
Community development projects
-- 822,481 -
Capital projects
- -- 4,243,588
Public works
- - - -
Community services development
-3,937,555 - -
Pension trust
8,009,354 - - -
Assigned to:
Capital projects
- - - -
Unassigned
37,404,384 - - -
Total Fund Balances
45,418,1213,937,555 10,819,6414,243,588
Total Liabilities, Deferred Inflows of Resources
and Fund Balances$ 54,000,571$ 5,203,621$ 37,809,165$ 4,244,451
(Continued)
See Accompanying Notes to Financial Statements.
4
CITY OF TEMECULA, CALIFORNIA
BALANCE SHEET
GOVERNMENTAL FUNDS
JUNE 30, 2018
Capital Projects Funds
OtherTotal
RoripaughGovernmentalGovernmental
Capital OutlayRanchFundsFunds
Assets:
$ 6,820,589$ 138,016$ 5,071,715$ 52,373,437
Pooled cash and investments
Receivables:
- - - 83,674
Accounts
- - - 1,651,149
Taxes
- - - 2 7,282,931
Notes and loans
54,834 82,606 27,709 403,900
Accrued interest
64,141 - - 278,405
Other receivables
- - - 1,325
Deposits
18,410,208-908,68932,767,164
Due from other governments
- 687,083
356,507-
Due from other funds
- - - 3,058
Inventories
- - - 4,400,388
Land held for resale
Restricted assets:
- - - 8,009,354
Cash and investments
22,292,076- 268,98422,561,060
Cash and investments with fiscal agents
-- - 5,250,954
Advances from the Successor Agency
$ 25,706,279$ 22,512,698$ 6,277,097$ 155,753,882
Total Assets
Liabilities:
$ 3,450,275$ -$ 88,604$ 10,084,141
Accounts payable
- - - 409,697
Accrued liabilities
1,199,338 128,151 17,659 3,395,779
Deposits payable
- - 687,083 687,083
Due to other funds
- - - 296,443
Unearned revenues
4,649,613 128,151 793,34614,873,143
Total Liabilities
Deferred Inflows of Resources
820,657 - - 1,420,414
Unavailable revenues
- - - 2 6,937,113
Unavailable revenues - long term notes receivables
820,657 - - 2 8,357,527
Total Deferred Inflows of Resources
Fund Balances:
Nonspendable:
- - - 3,058
Inventory
- - - 1,325
Deposits
Restricted for:
- - - 4,400,388
Land held for resale
- - - 5,250,954
Advances to Successor Agency
- - - 345,818
Notes and loans
- - 4,508,158 5,330,639
Community development projects
-22,384,547 269,35726,897,492
Capital projects
-- 132,593 132,593
Public works
--573,643 4,511,198
Community services development
-- - 8,009,354
Pension trust
Assigned to:
Capital projects20,236,009 - - 2 0,236,009
- - - 3 7,404,384
Unassigned
20,236,00922,384,547 5,483,751112,523,212
Total Fund Balances
Total Liabilities, Deferred Inflows of Resources
and Fund Balances$ 25,706,279$ 22,512,698$ 6,277,097$ 155,753,882
See Accompanying Notes to Financial Statements.
4
CITY OF TEMECULA, CALIFORNIA
RECONCILIATION OF THE BALANCE SHEET OF GOVERNMENTAL FUNDS
TO THE STATEMENT OF NET POSITION
JUNE 30, 2018
Fund balances of governmental funds$112,523,212
Amounts reported for governmental activities in the statement of net position
are different because:
Capital assets net of depreciation have not been included as financial resources
in governmental fund activity. 677,588,834
Long-term debt and compensated absences
have not been included in the governmental fund activity:
2011 financing lease$(19,027,000)
Compensated absences(1,379,715)(20,406,715)
Governmental funds report all pension contributions to the plan
as expenditures, however in the statement of net position contributions
are recorded as deferred outflows of resources to reduce the net pension liability
at a future date. Additionally, the pension liability is recorded in the statement
of net position as a long-term liability. The following reconciles adjustments related
to the net pension liability:
Deferred outflows related to pensions 9,195,913
Net pension liability (39,622,446)
Deferred inflows related to pensions(602,686)
Governmental funds report all other post-employment benefit contributions to the plan
as expenditures, however in the statement of net position contributions
are recorded as deferred outflows of resources to reduce the net other post-employment benefit liability
at a future date. Additionally, the other post-employment benefit liability is recorded in the statement
of net position as a long-term liability. The following reconciles adjustments related
to the net other post-employment benefit liability:
Deferred outflows related to other post-employment benefit liability 2,627,572
Net other post-employment benefit liability (11,213,000)
Deferred inflows related to other post-employment benefit liability(143,000)
Accrued interest payable for the current portion of interest due on
bonds has not been reported in the governmental funds. (59,459)
Certain long-term assets are not available to pay for current period expenditures
and, therefore, are reported as deferred inflows of resources in the funds.
Long-term notes receivables26,937,113
Taxes received after the period of availability 1,420,414 28,357,527
Internal service funds are used by management to charge the costs of certain
activities, such as equipment management and self-insurance, to individual funds.
The assets and liabilities of the internal service funds must be added to the
statement of net position. 6,713,611
$764,959,363
Net Position of Governmental Activities
See Accompanying Notes to Financial Statements.
4
CITY OF TEMECULA, CALIFORNIA
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES
GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2018
Special Revenue Funds
Community
GeneralServices
FundDistrictCity HousingMeasure A
Revenues:
Taxes88,352,905$ 1,873,305$ -$ $ -
Licenses and permits2,103,845 - - -
Intergovernmental313,430 25,034- 3,208,827
Charges for services 4,272,30512,888,649--
Use of money and property188,088 58,433 66,051 33,824
Fines and forfeitures756,471 - - -
Contributions- -250,000 -
Developer participation- - - -
Miscellaneous526,701 12,667 31,085 -
Total Revenues96,513,74514,858,088347,136 3,242,651
Expenditures:
Current:
General government12,571,420 - - -
Public safety39,129,480 - - -
Community development6,180,921 -3 39,302 -
Community services - 21,208,823 - -
Public works10,771,044 - - 7 95,373
Capital outlay- - - -
Debt service:
Principal retirements- - - -
Interest and fiscal charges- - - -
Total Expenditures68,652,86521,208,823339,302 7 95,373
Excess (deficiency) of revenues
over (under) expenditures27,860,880(6,350,735) 7,834 2,447,278
Other Financing Sources (Uses):
Transfers in1,627,0246,472,488 - -
Transfers out (18,008,726) (82,200)-( 4,455,221)
Total Other Financing Sources (Uses)(16,381,702) 6,390,288-( 4,455,221)
Net Change in Fund Balances 11,479,178 39,553 7,834(2,007,943)
Fund Balances, Beginning of Year33,938,9433,898,00210,811,807 6,251,531
Fund Balances, End of Year$ 45,418,121$ 3,937,555$ 10,819,641$ 4,243,588
(Continued)
See Accompanying Notes to Financial Statements.
CITY OF TEMECULA, CALIFORNIA
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES
GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2018
Capital Projects Funds
OtherTotal
CapitalRoripaughGovernmentalGovernmental
OutlayRanchFundsFunds
Revenues:
Taxes
$ -$ 253,263-$ $ 90,479,473
Licenses and permits- - - 2,103,845
Intergovernmental 18,814,847- 4,168,341 26,530,479
Charges for services - - - 17,160,954
Use of money and property
157,647 315,189 82,552 901,784
Fines and forfeitures- - - 756,471
Contributions- - - 250,000
Developer participation- - 2,728,6502,728,650
Miscellaneous
175,562 - - 746,015
Total Revenues
19,148,056 315,189 7,232,806 141,657,671
Expenditures:
Current:
General government- - 466,307 13,037,727
Public safety- - - 39,129,480
Community development- - - 6,520,223
Community services- - - 21,208,823
Public works- - 986,644 12,553,061
Capital outlay 35,280,269 - - 35,280,269
Debt service:
Principal retirements- - 1,389,0001,389,000
Interest and fiscal charges- - 746,231 746,231
Total Expenditures 35,280,269- 3,588,182 129,864,814
Excess (deficiency) of revenues
over (under) expenditures(16,132,213) 315,1893,644,624 11,792,857
Other Financing Sources (Uses):
Transfers in
18,609,285-2,135,23128,844,028
Transfers out- (548,970)(6,706,190)(29,801,307)
Total Other Financing Sources (Uses)18,609,285 (548,970) (4,570,959) (957,279)
Net Change in Fund Balances 2,477,072 (233,781) (926,335) 10,835,578
17,758,93722,618,328 6,410,086 101,687,634
Fund Balances, Beginning of Year
Fund Balances, End of Year$ 20,236,009$ 22,384,547$ 5,483,751$ 112,523,212
See Accompanying Notes to Financial Statements.
5
CITY OF TEMECULA, CALIFORNIA
RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS
TO THE STATEMENT OF ACTIVITIES
YEAR ENDED JUNE 30, 2018
Net change in fund balances - total governmental funds$ 10,835,578
Amounts reported for the governmental activities in the statement of activities
are different because:
Governmental funds report capital outlays as expenditures. However,
in the statement of activities, the costs of those assets are allocated
over their estimated useful lives as depreciation expense. This is the amount
by which depreciation exceeded capital outlay in the current period.
Capitalized projects (capital outlay), net of deletions35,280,269$
Capital equipment recorded at the department level 1,765,292
Depreciation (20,837,034) 16,208,527
Repayment of bond principal is an expenditure in the governmental funds,
but the repayment reduces long-term liabilities in the statement of net position.
Principal repayments1,389,000
Contributions to the net pension liability are recognized as expenditures in the governmental
funds but are recognized as deferred outflows of resources subsequent to the measurement
date. Additionally, other changes to the net pension liability are not recognized in the
governmental fund statements because they do not use current financial resources:
Contributions made subsequent to the measurement date2,088,146
Current year pension expense, net of adjustments (6,447,782) (4,359,636)
Contributions to the net other post-employment liability are recognized as expenditures in the governmental
funds but are recognized as deferred outflows of resources subsequent to the measurement
date. Additionally, other changes to the net other post-employment liability are not recognized in the
governmental fund statements because they do not use current financial resources:
Contributions made subsequent to the measurement date2,627,572
Current year other post-employment expense, net of adjustments (1,134,000)1,493,572
Accrued interest for long-term liabilities. This is the net change in accrued
interest for the current period.4,341
Compensated absences are recognized as expenditures in the governmental funds when
liquidated and are recognized when incurred in the statement of activities. (157,332)
Revenues in the statement of activities that do not provide current financial resources are
not reported as revenues in the funds. 368,251
Internal service funds are used by management to charge the costs of certain
activities, such as equipment management and self-insurance, to individual
funds. The net revenues (expenses) of the internal service funds is reported
with governmental activities.1,065,145
Change in Net Position of Governmental Activities
$ 26,847,446
See Accompanying Notes to Financial Statements.
5
5
CITY OF TEMECULA, CALIFORNIA
BUDGETARY COMPARISON STATEMENT
GENERAL FUND
YEAR ENDED JUNE 30, 2018
Variance with
Final Budget -
Budgeted AmountsActualPositive
OriginalFinalAmounts(Negative)
Revenues:
Taxes61,447,929$ 86,576,855$ 88,352,905$ 1,776,050$
Licenses and permits2,725,459 2,079,647 2,103,845 24,198
Intergovernmental 49,836226,136313,430 87,294
Charges for services 4,214,432 4,157,953 4,272,305114,352
Use of money and property 220,109 181,849188,088 6,239
Fines and forfeitures 726,079733,125756,471 23,346
Miscellaneous 143,065440,746526,701 85,955
Total Revenues 69,526,909 94,396,311 96,513,745 2,117,434
Expenditures:
General government:
City council 4 47,738 453,460392,479 60,981
Community support 125,000 125,000107,000 18,000
City manager 1,457,125 1,465,764 1,428,763 37,001
Economic development 1 ,498,214 1,454,695 1,291,887162,808
City clerk 1,272,510 1,279,375 1,104,483174,892
City attorney 565,000 1 ,115,000977,221137,779
Finance 2,462,360 2,513,940 2,327,774186,166
Personnel 948,742 1 ,039,867979,538 60,329
Emergency management 129,688 134,158124,538 9,620
Non-departmental 3,892,445 3,892,445 3,837,737 54,708
Public safety:
Police33,670,806 32,731,579 31,061,517 1,670,062
Fire 8,091,6018,112,167
7,607,683504,484
Animal control 461,770 461,770460,280 1,490
Community development:
Planning 2,399,145 2,581,605 2,057,155524,450
Building and safety 2,851,078 2,586,346 2,457,153129,193
Land development 1 ,825,609 1,878,054 1,666,613211,441
Public works:
Public works 5 ,806,372 5,543,471 5,119,183424,288
CIP administration 2,103,491 2,310,079 1,861,738448,341
Parks maintenance 3,724,944 3,797,154 3,790,123 7,031
Total Expenditures 73,733,638 73,475,929 68,652,865 4,823,064
Excess (Deficiency) of Revenues Over
(Under) Expenditures
(4,206,729) 20,920,382 27,860,880 6,940,498
Other Financing Sources (Uses):
Transfers in 1,387,442 1,706,620 1,627,024(79,596)
Transfers out(17,382,061)(18,008,726)(18,008,726) -
Total Other Financing Sources (Uses)(15,994,619)(16,302,106)(16,381,702)(79,596)
Net Change in Fund Balance(20,201,348) 4,618,276 11,479,178 6,860,902
Fund Balance, Beginning of Year 33,938,943 33,938,943 33,938,943 -
Fund Balance, End of Year$ 13,737,595$ 38,557,219$ 45,418,121$ 6,860,902
See Accompanying Notes to Financial Statements.
5
CITY OF TEMECULA, CALIFORNIA
BUDGETARY COMPARISON STATEMENT
COMMUNITY SERVICES DISTRICT
YEAR ENDED JUNE 30, 2018
Variance with
Final Budget -
geted Amounts
BudActualPositive
OriginalFinalAmounts(Negative)
Revenues:
Taxes$ 1,859,061$ 1,859,061$ 1,873,305$ 14,244
Intergovernmental181,000 28,000 25,034 (2,966)
Charges for services 12,904,443 12,981,897 12,888,649 (93,248)
Use of money and property 19,310 29,610 58,433 28,823
Miscellaneous50 50 12,667 12,617
Total Revenues 14,963,864 14,898,618 14,858,088 (40,530)
Expenditures:
Community services 20,288,111 21,857,100 21,208,823648,277
Total Expenditures 20,288,111 21,857,100 21,208,823648,277
Excess (Deficiency) of Revenues Over
(Under) Expenditures
(5,324,247)(6,958,482)(6,350,735)607,747
Other Financing Sources (Uses)
Transfers in 6,104,488 6,472,488 6,472,488 -
Transfers out - (82,200) (82,200) -
Total Other Financing Sources (Uses) 6,104,488 6,390,288 6,390,288 -
Net Change in Fund Balance780,241(568,194) 39,553 607,747
Fund Balance, Beginning of Year 3,898,002 3,898,002 3,898,002 -
Fund Balance, End of Year$ 4,678,243$ 3,329,808$ 3,937,555$ 607,747
See Accompanying Notes to Financial Statements.
5
CITY OF TEMECULA, CALIFORNIA
BUDGETARY COMPARISON STATEMENT
CITY HOUSING
YEAR ENDED JUNE 30, 2018
Variance with
Final Budget -
Budgeted AmountsActualPositive
OriginalFinalAmounts(Negative)
Revenues:
Use of money and property250,631$ 250,631$ 66,051$ (184,580)$
Contributions250,000250,000 250,000 -
Miscellaneous- - 31,085 31,085
Total Revenues500,631500,631347,136 (153,495)
Expenditures:
Community development384,895436,072 339,302 96,770
Total Expenditures384,895436,072 339,302 96,770
Net Change in Fund Balance115,736 64,559 7,834 (56,725)
Fund Balance, Beginning of Year10,811,807 10,811,807 10,811,807 -
Fund Balance, End of Year$ 10,927,543$ 10,876,366$ 10,819,641$ (56,725)
See Accompanying Notes to Financial Statements.
5
CITY OF TEMECULA, CALIFORNIA
BUDGETARY COMPARISON STATEMENT
MEASURE A
YEAR ENDED JUNE 30, 2018
Variance with
Final Budget -
geted Amounts
BudActualPositive
OriginalFinalAmounts(Negative)
Revenues:
Intergovernmental2,943,681$ $ 3,110,835$ 3,208,827$ 97,992
Use of money and property50,000 50,00033,824(16,176)
Total Revenues 2,993,681 3 ,160,835 3 ,242,651 81,816
Expenditures:
Public works 1,820,240 2 ,064,256 795,3731,268,883
Total Expenditures 1,820,240 2 ,064,256 795,3731,268,883
Excess (Deficiency) of Revenues Over
(Under) Expenditures
1,173,441 1 ,096,579 2 ,447,2781,350,699
Other Financing Sources (Uses):
Transfers out(6,477,247)(6,477,247)(4,455,221)2,022,026
Total Other Financing Sources (Uses)(6,477,247)(6,477,247)(4,455,221)2,022,026
Net Change in Fund Balance(5,303,806)(5,380,668)(2,007,943)3,372,725
Fund Balance, Beginning of Year 6,251,531 6 ,251,5316,251,531 -
Fund Balance, End of Year$ 947,725$ 870,863$ 4,243,588$ 3,372,725
See Accompanying Notes to Financial Statements.
5
CITY OF TEMECULA, CALIFORNIA
STATEMENT OF FUND NET POSITION
PROPRIETARY FUNDS
JUNE 30, 2018
Governmental
Activities-
Internal
Service Funds
Assets:
Current:
Pooled cash and investments6,872,063$
Receivables:
Accounts18,214
Accrued interest25,914
Due from other governments234
Total Current Assets6,916,425
Noncurrent:
Capital assets - net of accumulated depreciation1,342,053
Total Noncurrent Assets1,342,053
Total Assets8,258,478
Liabilities:
Current:
Accounts payable359,621
Accrued liabilities43,506
Deposits payable10,000
Compensated absences28,743
Claims and judgments509,568
Capital leases163,117
Total Current Liabilities1,114,555
Noncurrent:
Compensated absences86,228
Claims and judgments56,620
Capital leases287,464
Total Noncurrent Liabilities430,312
Total Liabilities1,544,867
Net Position:
Net investment in capital assets891,472
Unrestricted5,822,139
Total Net Position$ 6,713,611
See Accompanying Notes to Financial Statements.
5
CITY OF TEMECULA, CALIFORNIA
STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN FUND NET POSITION
PROPRIETARY FUNDS
YEAR ENDED JUNE 30, 2018
Governmental
Activities-
Internal
Service Funds
Operating Revenues:
Sales and service charges6,828,924$
Miscellaneous4,658
Total Operating Revenues6,833,582
Operating Expenses:
Administrative and general3,043,168
Depreciation expense346,639
Operations and maintenance3,391,135
Total Operating Expenses6,780,942
Operating income52,640
Nonoperating Revenues (Expenses):
Interest revenue64,935
Interest expense(9,709)
Total Nonoperating Revenues55,226
Income before Transfers107,866
Transfers in957,279
Change in Net Position1,065,145
Net Position:
Net Position, Beginning of Year5,648,466
Net Position, End of Year$ 6,713,611
See Accompanying Notes to Financial Statements.
5
CITY OF TEMECULA, CALIFORNIA
STATEMENT OF CASH FLOWS
PROPRIETARY FUNDS
YEAR ENDED JUNE 30, 2018
Governmental
Activities-
Internal
Service Funds
Cash Flows from Operating Activities:
Cash received from customers and users6,827,247$
Cash paid to suppliers for goods and services(2,949,929)
Cash paid to employees for services(3,031,336)
Net Cash Provided by
Operating Activities845,982
Cash Flows from Non-Capital
Financing Activities:
Cash transfers in from other funds
957,279
Cash Flows from Capital and Related Financing
Activities:
Acquisition and construction of capital assets(413,506)
Principal paid on capital lease(64,761)
Interest paid on capital lease(9,709)
Net Cash Used by Capital and Related Financing
Activities(487,976)
Cash Flows from Investing Activities:
Interest received53,299
Net Increase in Cash and Cash Equivalents 1,368,584
Cash and Cash Equivalents at Beginning of Year 5,503,479
Cash and Cash Equivalents at End of Year$ 6,872,063
Reconciliation of Operating Income (Loss) to Net Cash
Provided (Used) by Operating Activities:
Operating income (loss)$ 52,640
Adjustments to reconcile operating income (loss) to
provided (used) by operating activities:
net cash
Depreciation346,639
(Increase) decrease in accounts receivable(6,335)
Increase (decrease) in accounts payable206,829
Increase (decrease) in accrued liabilities11,832
Increase (decrease) in claims and judgments258,123
Increase (decrease) in compensated absences(23,746)
Total Adjustments 793,342
Net Cash Provided (Used) by
Operating Activities
$ 845,982
See Accompanying Notes to Financial Statements.
CITY OF TEMECULA, CALIFORNIA
STATEMENT OF FIDUCIARY NET POSITION
FIDUCIARY FUNDS
JUNE 30, 2018
Private-
Purpose Trust
Fund
Successor
AgencyAgency of the
FundsFormer RDA
Assets:
Pooled cash and investments755,864$ $ 3,991,166
Receivables:
Taxes70,483 -
Accrued interest38,128 27,988
Prepaid insurance associated with bonds-1,433,436
Land held for resale- 98,484
Restricted assets:
Cash and investments with fiscal agents13,740,087 12,898,758
Capital assets:
Capital assets, not being depreciated-3,819,108
Capital assets, net of accumulated depreciation-26,841,437
Total Assets$ 14,604,562$ 49,110,377
Deferred Outflows of Resources
Deferred loss on refunding$ 6,686,523
Liabilities:
Accounts payable$ 9,021$ 20,001
Accrued liabilities534 -
Accrued interest-137,916
Due to bond holders14,595,007 -
Long-term liabilities:
Due in one year-2,586,322
Due in more than one year-81,103,361
Advance from City Housing Fund-5,250,954
Total Liabilities:$ 14,604,562 89,098,554
Net Deficit:
Held in trust for other purposes(33,301,654)
Total Net Deficit: $ (33,301,654)
See Accompanying Notes to Financial Statements.
6
CITY OF TEMECULA, CALIFORNIA
STATEMENT OF CHANGES IN FIDUCIARY NET POSITION
FIDUCIARY FUNDS
YEAR ENDED JUNE 30, 2018
Private-
Purpose Trust
Fund
Successor
Agency of the
Former RDA
Additions:
Taxes$ 6,747,650
Interest and change in fair value of investments182,207
Contributions155,176
Total Additions7,085,033
Deductions:
Administrative expenses308,084
Interest expense2,112,833
Depreciation expense1,179,997
Contributions to other governments250,000
Bond insurance costs associated with bonds refunding40,112
Costs associated with bonds refunding755,937
Total Deductions4,646,963
Changes in Net Position2,438,070
Net Deficit, Beginning of the Year (35,739,724)
Net Position Deficit, End of the Year$ (33,301,654)
See Accompanying Notes to Financial Statements.
6
6
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
A.Description of Entity
The reporting entity “City of Temecula” includes the accounts of the City, the Temecula Community
ServicesDistrict, the Industrial Development Authority of the City of Temecula, the Temecula Public
Financing Authority, and the Temecula Housing Authority.
The City of Temecula was incorporated on December 1, 1989, as a general law city and operates under a
council/manager form of government.
Temecula Community Services District (TCSD)
The TCSD was organized on December 1, 1989. The TCSD currently provides street lighting, parks,
recreation, slope maintenance, and refuse hauling services. The Temecula City Council also serves as the
TCSD’s Board of Directors. Additionally, the management of the City of Temecula also serves in a
management capacity and has operational responsibility for the activities of the TCSD. The activities of
the TCSD are reported as a blended component unit in the Community Services District Special Revenue
Fund.
Industrial Development Authority of the City of Temecula (Authority)
The Authority was activated on March 22, 1994. The purpose of the Authority is to provide alternative
methods of financing certain facilities in order to prevent the loss of existing jobs, increase employment
opportunities, and otherwise contribute to the economic development of the City. The Temecula City
Council also serves the Authority’s Board of Directors. Additionally, the management of the City of
Temecula also serves in a management capacity and has operational responsibility for the activities of the
Authority. The Authority had no activity during the fiscal year.
Temecula Public Financing Authority (TPFA)
The TPFA was established pursuant to a Joint Exercise of Powers Agreement, dated April 24, 2001, by
and between the City and the former Redevelopment Agency. The City and the former Redevelopment
Agency formed the TPFA for the primary purpose of assisting in the financing and refinancing of a
community facilities district and the issuance of bonds necessary to finance the public improvements.
The TPFA may establish other community facilities districts in the future in connection with the financing
of public improvements in the City and could also be used in connection with other City financings. The
Temecula City Council also serves as the Board of Directors for the TPFA. Additionally, the
management of the City of Temecula also serves in a management capacity and has operational
responsibility for the activities of the TPFA. The activities of the TPFA are reported as a blended
component unit within the Debt Service Fund.
Temecula Housing Authority (THA)
The THA was established on February 22, 2011. The THA was activated pursuant to State law Section
34240 of the California Health and Safety Code, which allows for every City to establish a housing
authority. The THA is designed to help protect local housing funds and programs, provide new revenue
opportunities for affordable housing programs, serve the public interest, promote public safety and
welfare, and ensure decent, safe, sanitary and affordable housing accommodations to persons of low
income. The Temecula City Council serves as the THA’s Commissioners. The activities of the THA are
recorded in the City Housing Special Revenue Fund. Additionally, the management of the City of
Temecula also serves in a management capacity and has operational responsibility for the activities of the
THA. The activities of the THA are reported as a blended component unit within the City Housing Fund.
6
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
A.Description of Entity (Continued)
Component units are those entities which are financially accountable to the primary governmental unit
either because the City appoints a voting majority of the component unit Board, or because the
component unit will provide a financial benefit or impose a financial burden on the City. The City has
accounted for the TCSD, Authority, TPFA, and THA as "blended" component units. Despite being
legally separate, these units are so intertwined with the City that they are in substance, part of the City's
operations. Accordingly, the balances and transactions of the blended component units are included in
the Special Revenue, Debt Service, and Capital Projects funds.
B.Government-Wide and Fund Financial Statements
The government-wide financial statements (i.e., the statement of net position and the statement of
activities) report information about the reporting government as a whole, except for its fiduciary
activities. Governmental activities, which normally are supported by taxes and intergovernmental
revenues, are reported separately from business-type activities, which rely to a significant extent on fees
and charges for support. Likewise, the primary government (including its blended component units) is
reported separately from discretely presented component units for which the primary government is
financially accountable. The City has no business-type activities or discretely presented component units.
The effect of interfund activity has been removed from these statements, except for internal service fund
activity provided and used.
The statement of activities demonstrates the degree to which the direct expenses of a given function or
segments are offset by program revenues. Direct expenses are those that are clearly identifiable with a
specific function or segment. Program revenues include 1) charges to customers or applicants who
purchase, use, or directly benefit from goods, services, or privileges provided by a given function or
segment and 2) grants and contributions that are restricted to meeting the operational or capital
requirements of a particular function or segment. Taxes and other items not properly included among
program revenues are reported instead as general revenues.
The underlying accounting system of the City is organized and operated on the basis of separate funds,
each of which is considered to be a separate accounting entity. The operations of each fund are accounted
for with a separate set of self-balancing accounts that comprise its assets, deferred outflows of resources,
liabilities, deferred inflows of resources, fund equity, revenues, and expenditures or expenses, as
appropriate. Governmental resources are allocated to and accounted for in individual funds based upon
the purposes for which they are to be spent and the means by which spending activities are controlled.
Separate financial statements for governmental, proprietary, and fiduciary funds are presented after the
government-wide financial statements. These statements display information about major funds
individually and other governmental funds in the aggregate for governmental funds.
Fiduciary statements, even though excluded from the government-wide financial statements, include
financial information that primarily represents assets held by the City in a custodial capacity for other
individuals or organizations.
6
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
C.Measurement Focus, Basis of Accounting, and Financial Statement Presentation
The government-wide financial statements are reported using the economic resources measurement focus
and the accrual basis of accounting, as are the proprietary fund and fiduciary fund financial statements,
excluding agency funds which have no measurement focus. Under the economic resources measurement
focus, all assets, liabilities, and deferred inflows / outflows of resources (whether current or noncurrent)
associated with their activity are included on their balance sheets. Operating statements present increases
(revenues) and decreases (expenses) in total net position. Under the accrual basis of accounting, revenues
are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing
of related cash flows. Proprietary funds distinguish operating revenues and expenses from nonoperating
items. Operating revenues and expenses generally result from providing services and producing and
delivering goods in connection with a proprietary fund's principal ongoing operations. Nonexchange
transactions, in which the City gives (or receives) value without directly receiving (or giving) equal value
in exchange include grants, entitlements, and donations. Revenue from grants, entitlements, and
donations is recognized in the fiscal year in which all the eligibility requirements have been satisfied.
Operating expenses for proprietary funds include the cost of sales and services, administrative expenses,
and depreciation on capital assets. All revenues and expenses not meeting this definition are reported as
nonoperating revenues and expenses.
When both restricted and unrestricted resources are available for use, it is the government's policy to use
restricted resources first, then unrestricted resources as they are needed.
Governmental fund financial statements are reported using the current financial resources measurement
focus and the modified accrual basis of accounting. Under the current financial resources measurement
focus, only current assets, deferred outflows of resources, current liabilities, and deferred inflows of
resources are generally included on their balance sheets. The reported fund balance (net current
resources) is considered to be 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 resources.Accordingly, they are said to present a summary of
sources and uses of "available spendable resources" during a period. Noncurrent portions of long-term
receivables due to governmental funds are reported on their balance sheets in spite of their spending
measurement focus. However, special reporting treatments are used to indicate that they should not be
considered "available spendable resources" since they do not represent net current resources. Recognition
of governmental fund type revenue represented by noncurrent receivables is reflected as unavailable until
they become current receivables. Noncurrent portions of other long-term receivables are offset by fund
balance classifications.
Under the modified accrual basis of accounting, revenues are considered to be available when they are
collectible within the current period or soon enough thereafter to pay liabilities of the current period. For
this purpose, the government generally considers revenues to be available if they are collected within 60
days of the end of the current fiscal period, except for sales tax and grants which are 90 days.
Expenditures generally are recorded when a liability is incurred, except for principal and interest on
general long-term liabilities, claims and judgments, and compensated absences which are recognized as
expenditures to the extent they have matured. General capital asset acquisitions are reported as
expenditures in governmental funds. Proceeds of general long-term liabilities are reported as other
financing sources.
6
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
C.Measurement Focus, Basis of Accounting, and Financial Statement Presentation (Continued)
Property taxes, sales tax, motor vehicle license fees, transient occupancy taxes, franchise taxes, licenses,
and interest associated with the current fiscal period are all considered to be susceptible to accrual and so
have been recognized as revenues of the current fiscal period. Only the portion of special assessments
receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the
current period. All other revenue items are considered to be measurable and available only when cash is
received by the government.
D.Fund Classifications
The General Fund is the primary operating fund of the City and is used to account for all revenues and
expenditures that are not required to be accounted for in another fund.
The Community Services District – Special Revenue Fund is used to account for special assessment
proceeds restricted for parks, recreation, street lighting, slope maintenance, recycling and refuse
collection, and specific street maintenance.
The City Housing Fund – Special Revenue Fund is used to account for loans and program income that are
restricted revenues to provide new opportunities for affordable housing programs, serve the public
interest, promote public safety and welfare, and ensure decent, safe, sanitary and affordable housing
accommodations to persons of low income.
The Measure A Fund – Special Revenue Fund is used to account for the City’s share of the County of
Riverside’s additional one-half percent sales tax allocation which is restricted for use on local streets and
roads.
The Capital Outlay – Capital Projects Fund is used to account for financial resources used for the
acquisition, construction and improvement of various capital facilities.
The Roripaugh Ranch Fund – Capital Projects Fund is used to account for bond proceeds which will be
used for capital improvements in Roripaugh Community Facilities District No. 03-02 (Roripaugh Ranch).
The City’s fund structure also includes the following fund types:
PROPRIETARY FUNDS
The Internal Service Funds are used to account for activities and services performed for other departments
within the City on a cost reimbursement basis. Specific activities accounted for included risk
management and insurance programs, replacement of city vehicles, information systems services, central
mailing and reprographic services and city maintenance facilities operations.
6
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
D.Fund Classifications (Continued)
FIDUCIARY FUNDS
The Agency Funds are used to account for assets temporarily held by the City in a fiduciary capacity for
various Community Facilities Districts. Agency Funds are custodial in nature (assets equal liabilities) and
do not involve measurement of the results of operations.
The Private Purpose Trust Fund is used to account for the assets and liabilities of the former
redevelopment agency and is allocated revenue to pay estimated installment payments of enforceable
obligations until all obligations of the former redevelopment agency are paid in full and assets have been
liquidated. This fund uses the economic resources measurement focus.
E.Cash and Investments
Investments are stated at fair value except for money market mutual funds which are valued at net asset
value - $1 per share.
A substantial portion of the City's investments are in short-term, highly liquid instruments, with original
maturities of three months or less. For purposes of the statement of cash flows, all cash and investments
held by the internal service funds are considered to be short term and, accordingly, are classified as cash
and cash equivalents.
F.Land Held for Resale
Land held for resale represents land that was acquired in accordance with the objectives of the City
Housing Successor Agency. Land held for resale is generally valued at lower of cost or fair value. In
instances where an anticipated sales price is known to be lower than cost, a write down is recorded. A
portion of fund balance in the City Housing Fund is restricted for land held for resale to indicate that the
proceeds of selling the land is restricted for housing purposes.
G.Inventories and Prepaid Items
Inventories of materials and supplies are carried at cost. The City uses the consumption method of
accounting for inventories. Certain payments to vendors reflect costs applicable to future accounting
periods and are recorded as prepaid items in both government-wide and fund financial statements. The
fund balances in the governmental fund types have been classified as nonspendable for amounts equal to
the prepaid items in the fund-level statements, since these amounts are not available for appropriation.
H.Capital Assets
Capital assets (including infrastructure) are recorded at cost where historical records are available and at
an estimated original cost where no historical records exist. Contributed capital assets are valued at
estimated acquisition value at the date of contribution. Generally, capital asset purchases in excess of
$5,000 are capitalized if they have an expected useful life of 1 year or more. Infrastructure assets with a
cost exceeding $100,000 are capitalized.
6
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
H.Capital Assets (Continued)
Capital assets include additions to public domain (infrastructure), certain improvements including
pavement, curb and gutter, sidewalks, traffic control devices, streetlights, sewers, storm drains, bridges
and right-of-way corridors within the City. The City has valued and recorded all infrastructure asset data
in its entirety.
Capital assets used in operations are depreciated over their estimated useful lives using the straight-line
method in the government-wide financial statements and in the fund financial statements of the
proprietary funds. Depreciation is charged as an expense against operations and accumulated
depreciation is reported on the respective statement of net position.
The lives used for depreciation purposes of each capital asset class are:
Buildings40-50 years
Improvements and other than buildings40 years
Vehicles, machinery and equipment3-25 years
Furniture and fixtures4-25 years
Infrastructure25-75 years
I.Compensated Absences
Employee benefits payable liability is recorded for unused vacation and similar compensatory leave
balances. The employees’ entitlement to these balances is attributable to services already rendered and it
is probable that virtually all of these balances will be liquidated by either paid time off or payments upon
termination or retirement.
Liability is recorded for unused sick leave balances only to the extent that it is probable that the unused
balances will result in termination payments. Other amounts of unused sick leave are excluded from the
liability since their payment is contingent solely upon the occurrence of a future event (illness) that is
outside the control of the City and the employee.
A proprietary fund liability is accrued for all leave benefits relating to the proprietary funds. In the
government-wide financial statement, amounts expected to be liquidated within one year are classified as
current with the remaining amount included as long term liabilities.
J.Claims and Judgments
When it is probable that a claim liability has been incurred at year-end, and the amount of the loss can be
reasonably estimated, the City records the estimated loss, net of any insurance coverage under its self-
insurance program. This liability, including an estimate of claims which have been incurred but not
reported, has been accrued by the City's internal service fund.
6
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
K.Property Taxes
Under California law, property taxes are assessed and collected by the counties up to 1-percent of
assessed value, plus other increases approved by the voters. The property taxes go into a pool, and are
then allocated to the cities based on complex formulas. Accordingly, the City of Temecula accrues only
those taxes which are received within 60 days after year end.
Lien Date January 1
Levy Date June 30
Due Dates November 1 and February 1
Collection Dates December 10 and April 10
L.Restricted Assets
Restricted assets consist of cash and investments totaling $57,209,259. $22,561,060 is held by the
Community Facilities District for capital projects as reported in the fund statements. $13,740,087 is held
by the City as a fiduciary, to be used for debt service payments for Community Facilities Districts. In
addition, the Successor Agency of the Former Redevelopment Agency restricts $12,898,758 for future
projects. $8,009,354 is held in the City’s General Fund under the establishment of a Section 115 trust to
be used solely for making payments related to the City’s pension obligations.
M.Pensions and Other Post-employment Benefits (OPEB)
For purposes of measuring the net pension and OPEB liabilities, related deferred outflows/inflows of
resources, pension expense, OPEB expense, information about the fiduciary net position of the City’s
pension and OPEB plans administered by the California Public Employees Retirement System
(CalPERS), and additions to/deductions from each of the plans’ fiduciary net position has been
determined on the same basis as they are reported by CalPERS. For this purpose, benefit payments
(including refunds of employee contributions) are recognized when due and payable in accordance with
the benefit terms. Investments are reported at fair value.
N.Deferred Outflows / Inflows of Resources
In addition to assets, the statement of financial position will sometimes report a separate section for
deferred outflows of resources. This separate financial statement element, deferred outflows of resources,
represents a consumption of net position that applies to a future period(s) and so will notbe recognized as
an outflow of resources (expense/expenditure) until then. The City only has one item that qualifies for
reporting in this category related to the City’s CalPERS pension and OPEB plans.
In addition to liabilities, the statement of financial position will sometimes report a separate section for
deferred inflows of resources. This separate financial statements element, deferred inflows of resources,
represents an acquisition of net position or fund balance that applies to a future period(s) and so will not
be recognized as an inflow of resources (revenue) until that time. The City has items that arise under the
modified accrual basis of accounting and items that arise under the accrual basis of accounting. Under the
modified accrual basis, certain receivables are considered to be unavailable revenue as their collection is
not anticipated within the City’s period of availability and therefore, not available to liquidate current
obligations. These amounts are deferred and recognized as an inflow of resources in the period that the
amounts become available. In addition, the City reported deferred inflows of resources related to the
City’s CalPERS pension and OPEB plans.
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
N.Deferred Outflows / Inflows of Resources (Continued)
Occasionally, the City refunds some of its existing debt. When this occurs, the difference between the
funds required to retire (reacquisition price of) the refunded debt and the net carrying amount of refunded
debt results in a deferred amount on refunding. If there is an excess of the reacquisition price of refunded
debt over its net carrying amount, it is treated as a deferred outflows of resources (a deferred loss on
refunding). If there is an excess net carrying value amount of refunded debt over its reacquisition price, it
is treated as a deferred inflows of sources (a deferred gain on refunding).
O.Use of Estimates
The preparation of financial statements in conformitywith accounting principles generally accepted in the
United States of America requires management to make estimates and assumptions that affect the
reported amounts and disclosures at the date of the financial statements and the reported amounts of
revenues and expenditures/expenses during the reporting period. Actual results could differ from those
estimates.
P.Fund Balance
In the fund financial statements, government funds report the following fund balance classifications:
Nonspendable include amounts that cannot be spent because they are either (a) not in spendable form or
(b)legally or contractually required to be maintained intact.
Restricted include amounts that are constrained on the use of resources by either (a) external creditors,
grantors, contributors, or laws or regulations of other governments or (b) by law through constitutional
provisions or enabling legislation.
Committed include amounts that can only be used for specific purposes pursuant to constraints imposed
by the highest level of formal action of the City Council or for contractual obligations. The highest level
of formal action of the City Council is an Ordinance. The City Council has not committed any amounts.
All commitments are for contractual obligations.
Assigned include amounts that are constrained by the government’s intent to be used for specific
purposes, but are neither restricted nor committed. For all governmental funds other than the General
Fund, the City Council has assigned any remaining amounts not classified as nonspendable, restricted, or
committed.
For the General Fund, the fund balance policy delegates the authority to assign amounts to be used for
specific purposes to the Finance Director, in consultation with the City Manager, for the purpose of
reporting these amounts in annual financial statements.
7
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
P.Fund Balance (Continued)
Unassigned include the residual amounts that have not been restricted, committed, or assigned to specific
purposes. The General Fund is the only fund that reports a positive unassigned fund balance.
Sometimes the City will fund outlays for a particular purpose from both restricted and unrestricted
resources (the total of committed, assigned, and unassigned fund balance). In order to calculate the
amounts to report as restricted, committed, assigned, and unassigned fund balance in the governmental
fund financial statements a flow assumption must be made about the order in which the resources are
considered to be applied. It is the government’s policy to consider restricted fund balance to have been
depleted before using any of the components of unrestricted fund balance. Further, when components of
unrestricted fund balance can be used for the same purpose, committed fund balance is depleted first,
followed by assigned fund balance. Unassigned fund balance is applied last.
Minimum Fund Balance Policy
The City maintains a fund balance of at least 20 percent of operating expenditures in the General Fund.
This is considered the mthiness and to adequately
inimum level necessary to maintain the City’s creditwor
provide for: 1) economic uncertainties, local disasters, and other financial hardships or downturns in the
local or national economy; 2) contingencies for unseen operating or capital needs; and 3) cash flow
requirements. The City currently classifies $13,730,573 as the minimum fund balance which is equal to
20 percent of operating expenditures. This amount is currently classified as unassigned fund balance in
the financial statements.
Secondary Reserve Fund Balance Policy
The City maintains a secondary reserve in the amount of 5 percent of General Fund operating
expenditures. Use of the funds shall be limited to: 1) covering annual operating expenditures if revenue
falls short of projects, creating an annual operating deficit, and 2) making one-time investments in capital
infrastructure that will create long-term operational savings to the General Fund, leverage available grant
funds, or provide funding for projects that will create an economic benefit to the City. The City currently
classifies $3,432,643 of fund balance as the secondary reserve which is equal to 5 percent of operating
expenditures for the fiscal year ended June 30, 2018. This amount is currently classified as unassigned
fund balance in the financial statements.
Q.New GASB Pronouncements
Effective This Fiscal Year
GASB Statement No. 75 –Accounting and Financial Reporting for Postemployment Benefits Other Than
Pensions. The City implemented this statement effective July 1, 2017.
Effective in Future Years
The City is currently evaluating its accounting practices to determine the potential impact on the financial
statements for the following GASB Statements:
GASB Statement No. 83 – Certain Asset Retirement Obligations. The Statement is effective for
reporting periods beginning after June 15, 2018, or the 2018-19 fiscal year.
7
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Q.New GASB Pronouncements (Continued)
GASB Statement No. 84 – Fiduciary Activities. The Statement is effective for reporting periods
beginning after December 15, 2018, or the 2019-20 fiscal year.
GASB Statement No. 87 – Leases. The Statement is effective for the reporting periods beginning after
December 15, 2019, or 2020-2021 fiscal year.
GASB Statement No. 88 – Certain Disclosures Related to Debts, including Direct Borrowings and
Direct Replacements. The Statement is effective for reporting periods beginning after June 15, 2018, or
the 2018-19 fiscal year.
GASB Statement No. 89 – Accounting for Interest Cost Incurred Before the End of a Construction
Period. The Statement is effective for the reporting periods beginning after December 15, 2019, or 2020-
2021 fiscal year.
GASB Statement No. 90 – Majority Equity Interests-an amendment of GASB Statements No. 14 and 61.
The Statement is effective for the reporting periods beginning after December 15, 2018, or 2019-2020
fiscal year.
NOTE 2 – STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY
A.General Budget Policies
The City adheres to the following procedures in establishing the budgetary data reflected in its financial
statements:
1.The annual budget adopted by the City Council provides for the general operation of the City. It
includes proposed expenditures and the means of financing them.
2.The City Council approves total budgeted appropriations and any amendments to appropriations
throughout the year. This “appropriated budget” covers substantially all City expenditures, with the
exception of debt service on bond issues and capital improvement projects. There were no significant
non-budgeted financial activities. Actual expenditures may not exceed budgeted appropriations at the
departmental level. However, the City Manager is authorized to transfer budgeted amounts between
individual accounts within a department.
3.Formal budgetary integration is employed as a management control device. Commitments for
materials and services, such as purchase orders and contracts, are recorded during the year as
encumbrances to assist in controlling expenditures. Appropriations which are encumbered at year-
end lapse, and then are added to the following year’s budgeted appropriations.
4.Budgets for the General, Special Revenue, Capital Projects, and Debt Service Funds are adopted on a
basis substantially consistent with generally accepted accounting principles (GAAP). Accordingly,
actual revenues and expenditures can be compared with related budgeted amounts without any
significant reconciling items.
7
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 2 – STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY (CONTINUED)
A.General Budget Policies (Continued)
5.Under Article XIIIB of the California Constitution (the Gann Spending Limitation Initiative), the City
is restricted as to the amount of annual appropriations from the proceeds of taxes, and if proceeds of
taxes exceed allowed appropriations, the excess must either be refunded to the State Controller,
returned to the taxpayers through revised tax rates or revised fee schedules, or an excess in one year
may be offset against a deficit in the following year. For the fiscal year ended June 30, 2018, based
on calculations by City Management, proceeds of taxes did not exceed related appropriations.
The City is not legally required to adopt a budget for the Crowne Hill Community Facilities District
#03-1, Wolf Creek Community Facilities District #03-3, and Roripaugh Ranch funds; therefore no
budgetary comparison schedules are presented for those funds.
NOTE 3 – CASH AND INVESTMENTS
As of June 30, 2018, cash and investments were reported in the accompanying financial statements as follows:
Statement of net position:
Cash and investments$ 59,245,500
Restricted
Cash with fiscal agents22,561,060
Cash and investments 8,009,354
Fiduciary funds
Cash and investments4,747,030
Cash and investments with fiscal agents26,638,845
Total Cash and Investments$121,201,789
As of June 30, 2018, cash and investments consist of the following:
Cash on hand (petty cash and change funds)$ 3,311
Deposits with financial institutions2,515,528
Investments 110,673,596
Section 115 Trust
Mutual Funds - Money Market6,001,871
Mutual Funds - Equity1,057,607
Mutual Funds - Fixed Income949,876
Total Cash and Investments$121,201,789
7
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 3 – CASH AND INVESTMENTS (CONTINUED)
Deposits
At June 30, 2018, the carrying amount of the City’s deposits was $2,515,528 and the bank balance was
$5,682,158. The $3,166,630 difference represents outstanding checks and other reconciling items.
The California Government Code requires California banks and savings and loan associations to secure a City’s
deposits by pledging government securities with a value of 110 percent of a City’s deposits. California law also
allows financial institutions to secure a City’s deposits by pledging first trust deed mortgage notes having a value
of 150 percent of a City’s total deposits. The City Treasurer may waive the collateral requirement for deposits
that are fully insured up to $250,000 by the FDIC. The collateral for deposits in federal and state chartered banks
is held in safekeeping by an authorized Agent of Depository recognized by the State of California Department of
Banking. The collateral for deposits with savings and loan associations is generally held in safekeeping by the
Federal Home Loan Bank in San Francisco, California as an Agent of Depository. These securities are physically
held in an undivided pool for all California public agency depositors. Under Government Code Section 53655,
the placement of securities by a bank or savings and loan association with an “Agent of Depository” has the effect
of perfecting the security interest in the name of the local governmental agency.
Accordingly, all collateral held by California Agents of Depository are considered to be held for, and in the name
of, the local governmental agency.
Investments
The table below identifies the investment types that are authorized for the City by the California Government
Code (or the City's investment policy, where more restrictive). The table also identifies certain provisions of the
California Government Code (or the City's investment policy, where more restrictive) that address interest rate
risk, credit risk, and concentration of credit risk. This table does not address investments of debt proceeds held by
bond trustee that are governed by the provisions of debt agreements of the City, rather than the general provisions
of the California Government Code or the City's investment policy.
MaximumMaximum
Investment
Investment TypesPercentageMaximum
In One Issuer
Authorized by State Lawof Portfolio*Maturity
United States (U.S.) Treasury ObligationsNone5 yearsNone
U.S. Government Sponsored Enterprise SecuritiesNone5 yearsNone
Banker's Acceptances40%180 days10%
Money Market Funds NoneN/ANone
Time Deposits 15%1 yearNone
Commercial Paper15%180 days10%
Negotiable Certificates of Deposit30%5 yearsNone
Repurchase Agreements50%30 days None
Local Agency Investment Fund (LAIF)NoneN/A$65,000,000 / per entity
*Excluding amounts held by bond trustee that are not subject to California Government Code restrictions.
7
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 3 – CASH AND INVESTMENTS (CONTINUED)
Investments Authorized by Debt Agreements
Investments of debt proceeds held by bond trustees are governed by provisions of the debt agreements, rather than
the general provisions of the California Government Code or the City's investment policy. The table below
identifies the investment types that are authorized for investments held by bond trustee. The table also identifies
certain provisions of these debt agreements that address interest rate risk, credit risk, and concentration of credit
risk.
MaximumMaximum
AuthorizedMaximum Investment
Percentage
Investment TypeMaturityAllowedIn One Issuer
NoneNoneNone
United States (U.S.) Treasury Obligations
NoneNoneNone
U.S. Government Sponsored Enterprise Securities
1 yearNoneNone
Banker's Acceptances
180 daysNoneNone
Commercial Paper
(2)(2)(2)
Investment Agreements
(1)None
Local Agency Investment Fund (LAIF)$65,000,000 / per entity
(1)NoneNone
Money Market Mutual Funds
(1)Not Applicable
(2)Acceptable to the Municipal Bond Issuer
Investments in Section 115 Trust
The City entered into an agreement with Public Agency Retirement Services (PARS) to establish a Section 115
Trust. PARS is the Trust Administrator while U.S. Bank was appointed as an investment manager or trustee.
Investments in the Section 115 Trust follows investment strategy/guidelines outlined within the agreement
between the trust administrator, the trustee and the City.
Investments in State Investment Pool
The City is a voluntary participant in the Local Agency Investment Fund (LAIF) that is regulated by the
California Government Code under the oversight of the Treasurer of the State of California. LAIF is overseen by
the Local Agency Investment Advisory Board, which consists of five members, in accordance with State statute.
The fair value of the City's investment in this pool is reported in the accompanying financial statements at
amounts based upon the City's pro-rata share of the fair value provided by LAIF for the entire LAIF portfolio (in
relation to the amortized cost of that portfolio). The balance available for withdrawal is based on the accounting
records maintained by LAIF, which are recorded on an amortized cost basis. Each City may invest up to
$65,000,000 in a regular LAIF account. Investments in LAIF are highly liquid, as deposits can be converted to
cash within 24 hours without loss of interest.
Fair Value
The City categorizes the fair value measurements of its investments based on the hierarchy established by
generally accepted accounting principles. The fair value hierarchy, which has three levels, is based on the
valuation inputs used to measure an asset’s fair value: Level 1 inputs are quoted prices in active markets for
identical assets; Level 2 inputs are significant other observable inputs; Level 3 inputs are significant unobservable
inputs.
7
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 3 – CASH AND INVESTMENTS (CONTINUED)
Fair Value (Continued)
As of June 30, 2018, the City’s investments in government sponsored entities (e.g. FHLB, FNMA, etc.) were
considered Level 2 in the amount of $35,385,670. These investments are valued using the market valuation
approach based on quoted prices for similar assets. The investments in money market mutual funds are valued
using the net asset value (NAV) model. Additionally, mutual funds – equity and fixed income are value at
amortized cost. These investments have remaining maturities of one year or less at the time of purchase.
Investments in LAIF are uncategorized as deposits and withdrawals are made on the basis of $1 and not fair
value. Accordingly, under the fair value hierarchy, these investments are uncategorized.
Disclosures Relating to Interest Rate Risk
Interest rate risk is the risk that changes in market interest rates will adversely affect the fair value of an
investment. Generally, the longer the maturity of an investment, the greater the sensitivity of its fair value to
changes in market interest rates. One of the ways that the City manages its exposure to interest rate risk is by
purchasing a combination of shorter term and longer term investments and by timing cash flows from maturities
so that a portion of the portfolio is maturing or coming close to maturity evenly over time as necessary to provide
the cash flow and liquidity needed for operations.
Information about the sensitivity of the fair values of the City's investments (including investments held by bond
trustee) to market interest rate fluctuations is provided by the following table that shows the distribution of the
City's investments by maturity:
Remaining Investment Maturities
12 Months 3 to 5
1 to 3Fair
Investment TypeOr LessYearsYearsValue
Local Agency Investment Fund $ 26,268,759 $ -$-
$ 26,268,759
U.S. Government Sponsored
Enterprise Securities:
FFCB 995,870 981,170 -1,977,040
FHLMC 1,988,470 4,909,270 2,972,280 9,870,020
FHLB 1,987,460 11,850,300 1,964,210 15,801,970
FNMA 993,420 5,898,870 -6,892,290
Escrow Accounts - Money Market Mutual Funds 663,615 - - 663,615
Escrow Accounts - U.S. Treasury Notes 844,350 - - 844,350
Section 115 Pension Trust Fund:
Mutual Funds - Money Markets 6,001,871 - - 6,001,871
Mutual Funds - Equity 1,057,607 - - 1,057,607
Mutual Funds - Fixed Income 949,876 - - 949,876
Total Investments 41,751,298 23,639,610 4,936,490 70,327,398
Investments with Fiscal Agents:
Money Market Mutual Funds 30,589,877 - - 30,589,877
Local Agency Investment Fund 17,765,675 - -
17,765,675
Total Investments with
Fiscal Agent 48,355,552 - -
48,355,552
Total Investments $ 90,106,850 $ 23,639,610 $ 4,936,490 $ 118,682,950
7
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 3 – CASH AND INVESTMENTS (CONTINUED)
Disclosures Relating to Credit Risk
Generally, credit risk is the risk that an issuer of an investment will not fulfill its obligation to the holder of the
investment. This is measured by the assignment of a rating by a nationally recognized statistical rating
organization.
Presented below is the minimum rating as required by (where applicable) the California Government Code, the
City's investment policy, or debt agreements, and the actual rating, as reported by Standards and Poor, as of year-
end for each investment type:
TotalMinimum
as ofLegal
Investment TypeJune 30, 2018RatingAaa/AAA
Unrated
Local Agency Investment Fund $ 26,268,759 (1)$-$ 26,268,759
U.S. Government Sponsored
Enterprise Securities:
FFCB 1,977,040 (1)1,977,040 -
FHLMC 9,870,020 (1)9,870,020 -
FHLB 15,801,970 (1)15,801,970 -
FNMA 6,892,290 (1)6,892,290 -
Escrow Accounts - Money Market Mutual Funds 663,615 Aaa/AAA663,615 -
Escrow Accounts - U.S. Treasury Notes 844,350 (1)844,350 -
Held by bond trustee:
Money Market Mutual Funds 30,589,877 Aaa/AAA 30,589,877 -
Local Agency Investment Fund 17,765,675 (1)- 17,765,675
t
Section 115 Trus
Mutual Funds - Money Markets 6,001,871 Aaa/AAA 6,001,871 -
Mutual Funds - Equity 1,057,607 (1)- 1,057,607
Mutual Funds - Fixed Income 949,876 (1) - 949,876
Total $ 118,682,950 $ 72,641,033 $ 46,041,917
(1)Not Applicable
Concentration of Credit Risk
The investment policy of the City contains no limitations on the amount that can be invested in any one issuer
stipulated by the California Government Code. As of June 30, 2018, the following investments
beyond that
represented 5 percent or more of total City's investments.
TotalPercentage
as ofof Total
IssuerJune 30, 2018Investments
U.S. Government Sponsored
Enterprise Securities:
FHLB $ 15,801,970 13%
FNMA 6,892,290 6%
FHLMC 9,870,0208%
7
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 3 – CASH AND INVESTMENTS (CONTINUED)
Custodial Credit Risk
Custodial credit risk for deposits is the risk that, in the event of the failure of a depository financial institution, a
governmentwill not be able to recover its deposits or will not be able to recover collateral securities that are in the
possession of an outside party. As previously described, the City’s deposits are collateralized in accordance with
California Government Code. The custodial credit risk for investments is the risk that, in the event of the failure
of the counterparty (e.g., broker-dealer) to a transaction, a government will not be able to recover the value of its
investment or collateral securities that are in the possession of another party. The California Government Code
and the City's investment policy do not contain legal or policy requirements that would limit the exposure to
custodial credit risk for investments.
NOTE 4 – CAPITAL ASSETS
Balance atBalance at
Governmental Activities:June 30, 2017IncreaseDecreaseJune 30, 2018
Capital Assets Not Being Depreciated:
Land$ 79,959,502$ -$-$ 79,959,502
Right of way68,738,629- - 68,738,629
Construction in progress59,827,26723,546,074 (2,784,036) 80,589,305
Total Capital Assets Not Being Depreciated208,525,398 23,546,074 (2,784,036)229,287,436
Capital Assets, Being Depreciated:
Buildings 132,597,006 556,692-133,153,698
Improvements other than buildings48,919,097 3,002,881 (65,605)51,856,373
Vehicles, machinery and equipment18,041,303 825,336(717,527)18,149,112
Furniture and fixtures 6,112,362 1 75,015- 6,287,377
Infrastructure 562,855,16812,290,070 (1,503,123)573,642,115
Total Capital Assets Being Depreciated 768,524,93616,849,994 (2,286,255)783,088,675
Less Accumulated Depreciation for:
Buildings30,409,662 2,972,799- 33,382,461
Improvements other than buildings21,020,543 1,967,158- 22,987,701
Vehicles, machinery and equipment15,022,847 1,058,095(760,261)15,320,681
Furniture and fixtures 6,057,267 6,381- 6,063,648
Infrastructure 241,751,88515,179,240 (1,240,392)255,690,733
Total Accumulated Depreciation 314,262,20421,183,673 (2,000,653)333,445,224
Total Capital Assets, Being Depreciated, Net454,262,732 (4,333,679)(285,602)449,643,451
Governmental Activities Capital Assets, Net662,788,130$ $ 19,212,395$ (3,069,638)$678,930,887
7
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 4 – CAPITAL ASSETS (CONTINUED)
Depreciation expense charged to functions/programs for the government activities are as follows:
General government$ 1,088,458
Public safety 415,759
Public works 15,798,862
Community development 207,880
Community services 3,326,075
Capital assets used by the government's internal service funds are charged to
the various functions based on their usage of the assets 346,639
Total Depreciation Expense$21,183,673
NOTE 5 – INTERFUND RECEIVABLES, PAYABLES AND TRANSFERS
The composition of interfund balances as of June 30, 2018, is as follows:
Due to Other Funds
Other
Governmental
Funds
Due from Other Funds:
General Fund$ 330,576
Capital Outlay - Capital Projects Fund 356,507
Total$ 687,083
The amounts due to the General Fund from Other Governmental funds were for temporary negative cash deficits.
The amounts due to the Capital Outlay – Capital Projects Fund were for reimbursement of capital expenditures
from the CDBG Fund.
The composition of the City’s interfund transfers as of June 30, 2018, are as follows:
Transfers Out
CommunityOther
ServicesMeasure A RoripaughGovernmental
Transfers InGeneral FundDistrictFundRanchFundsTotals
General Fund$ -$ -$ -$ 1,627,024-$$ 1,627,024
Community Services District 6,472,488- - - - 6,472,488
Capital Outlay-
Capital Projects Fund8,443,728 8 2,2004,455,221548,970 5,079,166 18,609,285
Other Governmental Funds2,135,231 - - - - 2,135,231
Internal Services Funds957,279 - - - - 9 57,279
Total$ 18,008,726$ 82,200$ 4,455,221$ 548,970$ 6,706,190$29,801,307
Other Governmental Funds made transfers to the General Fund for street related repairs and maintenance. The
General Fund made transfers to the Community Services District for operating subsidies. The General Fund,
Measure A Fund – Special Revenue Fund, Roripaugh Ranch – Capital Projects Fund, Community Services
District and Other Governmental Funds made transfers to the Capital Outlay – Capital Projects Fund to provide
funding for capital improvement projects. The General Fund made transfers to the Other Governmental Funds to
provide for debt service payments. The General Fund made transfers to the Vehicles and Information Systems
Internal Service Fund in order to fund the City on purchasing information technology supplies and vehicles.
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 6 – LONG TERM LIABILITIES
The following is a summary of the Governmental Activities long-term liability transactions for the year ended
June 30, 201
8:
Balance atBalance atDue Within
Governmental ActivitiesJuly 1, 2017AdditionsDeletionsJune 30, 2018One Year
2011 Financing Lease$20,416,000$ 1,389,000-$ 19,027,000$ 1,439,000$
Capital Lease Payable 643,39381,903 274,715 450,581163,117
Claims Payable 308,065 258,123- 566,188509,568
Compensated Absences1,361,100 176,647 4 3,0611 ,494,686373,672
$ 22,728,558$ 516,673$ 21,538,4551,706,776$ 2,485,357$
2011 Financing Lease
In December 2011, the City of Temecula, working together with the Temecula Public Financing Authority,
entered into a lease agreement in the amount of $26,835,000 for the purpose of leasing certain parcels of real
property and enabling the City to refinance the construction of various community recreation facilities and, in
particular, to provide for the refunding of the $6,465,000 Certificates of Participation (2001 Capital Improvement
Financing Project) and to refinance the construction of the Temecula Civic Center and, in particular to provide for
the refunding of the $24,535,000 Certificates of Participation (2008 Temecula Civic Center Financing Project).
The interest components of the lease payments have been calculated based on an interest rate of 3.75 percent per
annum, on the basis of a 360-day year of twelve 30-day months. The amount of principal and interest outstanding
as of June 30, 2018, is $19,027,000 and $4,958,766, respectively. Principal and interest paid for during the
current year totaled $2,135,231.
The future debt service requirements on the 2011 Financing Lease are as follows:
Year Ending June 30PrincipalInterestTotal
2019$ 1,439,000$ 693,450$ 2,132,450
20201,493,000 638,719 2,131,719
20211,547,000 581,981 2,128,981
20221,485,000 523,144 2,008,144
20231,172,000 473,503 1,645,503
2024-20286,546,0001,664,8038,210,803
2029-20325,345,000 383,166 5,728,166
Total$ 19,027,000$ 4,958,766$ 23,985,766
Capital Lease Payable
The assets acquired through capital leases are as follows:
Governmental
Activities
Equipment1,278,810$
Less: Accumulated depreciation(769,202)
$ 509,608
8
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 6 – LONG TERM LIABILITIES (CONTINUED)
The future minimum lease obligations and the net present value of these minimum lease payments are as follows:
Year EndingGovernmental
June 30,Activities
2019$ 163,648
2020157,808
2021129,837
Total minimum lease payments451,293
Less: amounts representing interest(712)
Present value of minimum lease payments$ 450,581
Claims Payable
The claims liability of $566,188 is included in the internal service funds in the fund financial statements and is
reported as a liability for governmental activities in the government-wide financial statements.
Compensated Absences
The outstanding liability for compensated absences earned at June 30, 2018, was $1,494,686. This liability
represents the total unpaid vacation and compensation time earned by employees of the City in its governmental
activities which is primarily liquidated from the general fund and internal service fund.
NOTE 7 – INSURANCE PROGRAMS
The City is exposed to various risks of loss related to torts, theft, damage and destruction of assets, errors and
omissions, road and walkway design hazards, vehicle accidents, and natural disasters for which the City maintains
various insurance programs. The City has entered into contracts to supervise and administer these programs.
General Liability
The City is self-insured for General and Auto Liability claims up to $150,000. For amounts in excess of $150,000
and up to $10,000,000 per occurrence with an aggregate coverage of $10,000,000, the City has purchased
insurance coverage.
Liabilities are recorded when it is probable that a loss has occurred and the amount of the loss can be reasonably
estimated. Liabilities include an amount for claims that have been incurred but not reported (IBNR). The liability
for claims and judgments is reported in the appropriate Internal Service Fund. An amount for current claims
payable is calculated based on the current year expenses and the remainder is shown as noncurrent claims payable.
8
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 7 – INSURANCE PROGRAMS (CONTINUED)
Changes in claims payable for the years ended June 30, 2017, and June 30, 2018, are as follows:
Liability as of June 30, 2016299,259$
Claims and changes in estimates during
the year ended June 30, 201766,306
Claim payments during the year ended June 30, 2017(57,500)
Liability as of June 30, 2017$ 308,065
Claims and changes in estimates during
the year ended June 30, 2018$ 258,123
Claim payments during the year ended June 30, 2018-
Liability as of June 30, 2018$ 566,188
The ultimate amount of losses incurred through June 30, 2018, is dependent on future developments. Based upon
information from the City Attorney, the City's claims administrators and others involved with the administration
of the insurance programs, City management believes the accrual is adequate to cover such losses.
Workers Compensation
The City adopted a self-insured worker’s compensation program during the fiscal year ended June 30, 2015,
which is administered by a third party administrator. The City has a self-insured retention of up to $500,000 on
each claim. Coverage in excess of the self-insured amount is provided by New York Maine and General
Insurance Company at statutory amounts for workers’ compensation. The City did not incur or pay any workers
compensation claims during the fiscal year.
Settled claims have not exceeded any of the City's coverage amounts in any of the last three fiscal years and there
were no reductions in the City's coverage during the year ended June 30, 2018.
NOTE 8 – PUBLIC EMPLOYEES RETIREMENT SYSTEM
A.General Information about the Pension Plan
Plan Descriptions – All qualified permanent and probationary employees are eligible to participate in the
defined benefit pension plan administered by the
City’s Miscellaneous Plan, an agent multiple employer
California Public Employees Retirement System (CalPERS), which acts as a common investment and
administrative agent for its participating member employers. Benefit provisions under the Plan are
established by State statute and City resolution. CalPERS issues publicly available reports that include a
fulldescription of the pension plan regarding benefit provisions, assumptions and membership
information that can be found on the CalPERS website at
http://www.calpers.ca.gov/index.jap?bc=/about/forms-pubs/calpers-reports/actuarial-reports/home.xml.
Benefits Provided – CalPERS provides retirement and disability benefits, annual cost of living
adjustments and death benefits to plan members, who must be public employees and beneficiaries.
Benefits are based on years of credited service, equal to one year of full time employment. Members with
five years of total service are eligible to retire at age 50 with statutorily reduced benefits. All members
are eligible for non-duty disability benefits after 10 years of service. The death benefit is one of the
following: the Basic Death benefit, the 1957 Survivor Benefit, or the Optional Settlement 2W Death
Benefit. The cost of living adjustments for each plan are applied as specified by the Public Employees’
Retirement Law.
8
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 8 – PUBLIC EMPLOYEES RETIREMENT SYSTEM (CONTINUED)
A.General Information about the Pension Plan (Continued)
The Plan’s provisions and benefits in effect at June 30, 2018, are summarized as follows:
Miscellaneous
Prior to September On or after to
On or after
24, 2011September 24, 2011
Hire DateJanuary 1, 2013
Formula2.7% @ 552.0% @ 602% @ 62
Benefit vesting schedule5 years of service5 years of service5 years of service
Benefit paymentsmonthly for lifemonthly for lifemonthly for life
Retirement age50-5550-6352-67
Monthly benefits, as a % of annual salary2.0% to 2.7%1.092% to 2.418%1.0% to 2.5%
Required employee contribution rates8.00%7.00%6.75%
Required employer contribution rates 11.080%11.080%6.443%
Employees Covered – At June 30, 2018, the following employees were covered by the benefit terms for
the Plan:
Miscellaneous
Inactive employees or beneficiaries currently receiving benefits117
Inactive employees entitled to but not yet receiving benefits128
Active employees179
Total424
Contributions – Section 20814(c) of the California Public Employees’ Retirement Law requires that the
employer contribution rates for all public employers are determined on an annual basis by the actuary and
shall be effective on July 1 following notice of a change in rate. The total plan contributions are
determined through CalPERS’ annual actuarial valuation process. The actuarially determined rate is the
estimated amount necessary to finance the costs of benefits earned by employees during the year, with an
additional amount to finance any unfunded accrued liability. The employer is required to contribute the
difference between the actuarially determined rate and the contribution rate of employees. For the year
ended June 30, 2018, the City paid 4 percent of the employees required contribution (for those hired
before January 1, 2013). The City contributed $2,088,146 during the fiscal year.
B.Net Pension Liability
The City’s net pension liability for the Plan was measured as the total pension liability, less the pension
plan’s fiduciary net position. The net pension liability of the Plan was measured using an annual actuarial
valuation as of June 30, 2016 rolled forward to June 30, 2017 using standard update procedures. A
summary of principal assumptions and methods used to determine the total pension liability is shown
below.
8
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 8 – PUBLIC EMPLOYEES RETIREMENT SYSTEM (CONTINUED)
B.Net Pension Liability (Continued)
Actuarial Assumptions – The total pension liability was determined using the following actuarial
assumptions:
Miscellaneous
Valuation DateJune 30, 2016
Measurement DateJune 30, 2017
Actuarial Cost MethodEntry-Age Normal Cost Method
Actuarial Assumptions:
Discount Rate (4)7.15%
Inflation2.75%
Payroll Growth3.0%
Projected Salary Increase3.2% - 12.2% (1)
Investment Rate of Return7.15% (2)
Mortality(3)
(1)Depending on age, service and type of employment.
(2)Net of pension plan investment expenses, including inflation.
(3)The underlying mortality assumptions and all other actuarial assumptions used in the June 30, 2016, valuation were based on
the results of a January 2014 actuarial experience study for the period of 1997 to 2011. Further details of the Experience
Study can be found on the CalPERS website at: http://www.calpers.ca.gov/index.jsp?bc=/about/forms-pubs/calpers-
reports/actuarial-reports.xml.
The long-term expected rate of return on pension plan investments was determined using a building-block
method in which best-estimate ranges of expected future real rates of return (expected returns, net of
pension plan investment expense and inflation) are developed for each major asset class.
In determining the long-term expected rate of return, CalPERS took into account both short-term and
long-term market return expectations as well as the expected pension fund cash flows. Such cash flows
were developed assuming that both members and employers will make their required contributions on
time and as scheduled in all future years. Using historical returns of all the funds’ asset classes, expected
compound (geometric) returns were calculated over the short-term (first 10 years) and the long-term (11-
60 years) using a building-block approach. Using the expected nominal returns for both short-term and
long-term, the present value of benefits was calculated for each fund. The expected rate of return was set
by calculating the single equivalent expected return that arrived at the same present value of benefits for
cash flows as the one calculated using both short-term and long-term returns. The expected rate of return
was then set equivalent to the single equivalent rate calculated above and rounded down to the nearest one
quarter of one percent.
8
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 8 – PUBLIC EMPLOYEES RETIREMENT SYSTEM (CONTINUED)
B.Net Pension Liability (Continued)
The table below reflects long-term expected real rate of return by asset class. The rate of return was
calculated using the capital market assumptions applied to determine the discount rate and asset
allocation.
Real Return Real Return
(1)(2)
Asset ClassTarget AllocationYears 1 - 10 Years 11+
Global Equity 47%4.90%5.38%
Global Fixed Income19%0.80%2.27%
Inflation Sensitive6%0.60%1.39%
Private Equity12%6.60%6.63%
Real Estate11%2.80%5.21%
Infrastructure and Forestland3%3.90%5.36%
Liquidity2%-0.40%-0.90%
Total100%
(1)An inflation rate of 2.5% was used for this period.
(2)An inflation rate of 3.0% was used for this period.
Discount Rate – The discount rate used to measure the total pension liability was 7.15 percent. To
determine whether the municipal bond rate should be used in the calculation of a discount rate for each
plan, CalPERS stress tested plans that would most likely result in a discount rate that would be different
from the actuarially assumed discount rate. Based on the testing, none of the tested plans run out of
assets. Therefore, the current 7.15 percent discount rate is adequate and the use of the municipal bond
rate calculation was not necessary. The long-term expected discount rate of 7.15 percent is applied to all
plans in the Public Employees Retirement Fund. The stress test results are presented in a detailed
reported call “GASB Crossover Testing Report” that can be obtained at CalPERS’ website under the
GASB 68 section.
C.Changes in the Net Pension Liability
The changes in the Net Pension Liability for the Plan are as follows:
Increase (Decrease)
Total Pension Plan Fiduciary Net Pension
LiabilityNet PositionLiability/(Asset)
Balance at June 30, 2016 measurement date$ 101,154,190$ 68,320,846$ 32,833,344
Changes in the year:
Service Cost$ 2,685,366$-$ 2,685,366
Interest on the total pension liability 7,798,897-7,798,897
Change of Assumptions 7,061,683-7,061,683
Differences between Expected and Actual Experience 1,321,951-1,321,951
Contribution - employer-3,314,900(3,314,900)
Contribution - employee -1,023,443(1,023,443)
Projected investment earnings-4,862,087(4,862,087)
Differences between projected and actual earnings on
plan investments
-2,979,236(2,979,236)
Benefit payments, including refunds of employee
contributions(3,610,053)(3,610,053) -
Administrative expense-(100,871)100,871
15,257,8448,468,7426,789,102
Net changes
$ 116,412,034$ 76,789,588$ 39,622,446
Balance at June 30, 2017 measurement date
8
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 8 – PUBLIC EMPLOYEES RETIREMENT SYSTEM (CONTINUED)
C.Changes in the Net Pension Liability (Continued)
Change of Assumptions – The discount rate was reduced from 7.65 percent to 7.15 percent in the June
30, 2017 measurement date.
e following presents the
Sensitivity of the Net Pension Liability to Changes in the Discount Rate –Th
net pension liability of the City for the Plan, calculated using the discount rate for the Plan, as well as
what the City’s net pension liability would be if it were calculated using a discount rate that is
1-percentage point lower or 1-percentage point higher than the current rate:
Miscellaneous
1% Decrease6.15%
Net Pension Liability57,138,244$
Current Discount Rate7.15%
Net Pension Liability39,622,446$
1% Increase8.15%
Net Pension Liability25,320,378$
Pension Plan Fiduciary Net Position – Detailed information about the City’s pension plans’ fiduciary
net position is available in the separately issued CalPERS financial reports.
D.Pension Expense and Deferred Outflows / Inflows of Resources Related to Pensions
For the year ended June 30, 2018, the City recognized pension expense of $6,447,782. At June 30, 2018,
the City reported deferred outflows of resources and deferred inflows of resources related to pensions
from the following sources:
Deferred Outflows Deferred Inflows of
of ResourcesResources
Pension contributions subsequent to measurement date$ 2,088,146$ -
Changes of Assumptions 5,203,345 (524,723)
Differences between Expected and Actual Experience1,148,677 (77,963)
Net differences between projected and actual earnings on
plan investments
755,745 -
Total$ 9,195,913$ (602,686)
The amount of $2,088,146 reported as deferred outflows of resources related to contributions subsequent
to the measurement date will be recognized as a reduction of the net pension liability in the year ended
June 30, 2019. Other amounts reported as deferred outflows of resources and deferred inflows of
resources related to pensions will be recognized as pension expense as follows:
Year ended June 30
2019$ 1,748,180
20203,228,312
20212,124,437
2022(595,848)
$ 6,505,081
Total
8
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 9 – DEFERRED COMPENSATION PLAN
Certain provisions of the Small Business Job Protection Act (the Act) affected Internal Revenue Code Section 457
plans by eliminating the requirement that Section 457 plan assets legally rema
in the assets of the sponsoring
government. The Act requires that amounts deferred under a Section 457 plan be held in trust for the exclusive
benefit of participating employees and not be accessible by the government or its creditors.
The City has implemented GASB 32, "Accounting and Financial Reporting for Internal Revenue Code Section
457 Deferred Compensation Plans". The assets have been transferred into a trust, and are no longer subject to
claims of the City's general creditors, and are no longer considered the assets of the City. The plan permits all
City employees to defer a portion of their salary until future years. The amount deferred is not available to
employees until termination, retirement, death or unavoidable emergency.
NOTE 10 – DEFINED CONTRIBUTION PLAN
The City provides pension benefits for all its defined
project (part time, temporary) employees through a
rd
contribution plan held with a 3 party administrator. Any amendment to the program is designated to the City
Manager as the City’s “Administrator” of the plan. The plan’s administrator is Nationwide Retirement/OBRA. In
a defined contribution plan, benefits depend solely on amounts contributed to the plan plus investment earnings.
All project employees are eligible to participate from the date of employment. Federal legislation requires
contributions of at least 7.5 percent to a retirement plan. The City contributes 3.75 percent of the employee’s
salary as deferred compensation. Additionally, employees contribute 3.75 percent of salary towards this program
on a pre-tax basis. The contribution requirements are established and may be amended by the City and/or City
Council. The City’s contribution for each employee (and interest earned by the account) is fully vested
immediately.
For the year ended June 30, 2018, the City’s payroll covered by the plan was $1,198,834. The City made
employer contributions of $44,956 (3.75% of current covered payroll), and employees contributed $44,956
(3.75% of current covered payroll).
NOTE 11 – LITIGATION, COMMITMENTS AND CONTINGENT LIABILITIES
Grant Audit Contingencies
Under the terms of federal and state grants, periodic audits are required and certain costs may be questioned as not
being appropriate expenditures under the terms of the grants. Such audits could lead to reimbursement to the
grantor agencies. City management believes disallowances, if any, will be immaterial.
Litigation
The government is a defendant in various lawsuits. Although the outcome of these lawsuits is not presently
determinable, in the opinion of the government’s counsel the resolution of these matters will not have a material
adverse effect on the financial condition of the government.
8
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 11 – LITIGATION, COMMITMENTS AND CONTINGENT LIABILITIES (CONTINUED)
Construction Commitments
The City has active construction projects as of June 30, 2018. The projects include signals, streets and drainage,
bridges, trails, landscape and facilities. At fiscal year-end, the City’s encumbrances with contractors were as
follows:
Remaining
Spent-to-dateCommitments
Streets and drainage$ 8,681,570$ 4,276,487
Sidewalks1,315,050 717,075
Parks 5,524,926 1,567,604
Interchanges17,793,217 11,157,216
Bridges 841,767 538,448
Equipment 158,696 369,373
Buildings 781,828 197,178
Total$ 35,097,054$ 18,823,381
NOTE 12 – AFFORDABLE HOUSING GRANT AND LOAN AGREEMENTS
The City has the following Notes Receivable outstanding at the end of June 30, 2018 reported in the City Housing Fund:
City Housing
Special Revenue
Fund
First Time Home Buyers Program12,317$
Dalton Partners, LLP OPA6,300,000
28500 Pujol Street DDA3,508,432
Temecula Gardens, L.P. OPA366,000
Summerhouse OPA10,415,329
AMCAL Pujol Fund L.P. OPA6,680,853
Total$ 27,282,931
First Time Home Buyers Program
The former Temecula Redevelopment Agency sponsored a program to help first time home buyers afford a home
in Temecula. This program is called the First Time Buyers Program. It provides a 30-year second mortgage at
5 percent interest to qualified buyers. The maximum assistance is 20 percent of the purchase price plus closing
costs up to a maximum of $65,000. The loan is deferred for the first 5 years, and then fully amortized in years 6
to 30. Pursuant to AB X1 26 and AB 1484, the former Redevelopment Agency was able to transfer these loans to
the City Housing Successor effective February 1, 2012. The balance due to the City Housing Successor at
June 30, 2018, is $12,317.
8
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 12 – AFFORDABLE HOUSING GRANT AND LOAN AGREEMENTS (CONTINUED)
Dalton Partners LLP Owner Participation Agreements
The City Housing Successor has two notes receivable in the amounts of $3,000,000 and $3,300,000 from Dalton
Partners LLC, a California Limited Liability Company (the LLC). The funds were loaned to the LLC under two
separate Owner Participation Agreements (the OPAs) under which the LLC was to develop and operate a mixed
used development including providing affordable housing. The notes are secured as second trust deed for a term
of 55 years and will be forgiven if there are no violations of the covenants of the OPAs. If there is a violation of
covenants of the OPA, the City Housing Successor can require full payment of the principal.
28500 Pujol Street Disposition and Development Agreement
The City Housing Successor has a note receivable in the amount of $2,615,000 from 28500 Pujol Street, a
California Limited Partnership (the Partnership). The funds were loaned to the Partnership under a Disposition
and Development Agreement (the DDA) dated in 2003 under which the Partnership developed affordable
housing. The note is due 55 years from the date of the note (August 1, 2004) with interest accrued at a rate of
3 percent. Fifty percent of the residual receipts as defined in the DDA for each calendar year are due March 15 of
the following year. Any residual receipts are to be applied to the accrued interest. Any unpaid interest is added to
the note. As of June 30, 2018, the total due from the Partnership amounted to $3,508,432 which included
$893,432 of accrued interest.
Temecula Gardens, L.P. Owner Participation Agreement
The City Housing Successor has a note receivable in the amount of $305,000 from Temecula Gardens, L.P., a
California Limited Partnership (the LP). The funds were loaned to the LP under an Owner Participation
Agreement (the OPA) under which the LP was to develop real property. The note is secured by a deed of trust
encumbering the property with interest accrued at 1 percent. As of June 30, 2018, the total due from the
Partnership amounted to $366,000 which included $61,000 of accrued interest.
Summerhouse Owner Participation Agreement
The former Temecula Redevelopment Agency has an agreement with Summerhouse Housing Associates, L.P.
(the LP) to loan up to $8,438,595 for the cost of acquiring a site and construction of 110 affordable housing units.
Pursuant to AB X1 26 and AB 1484, the Redevelopment Agency transferred the agreement to the City Housing
Successor effective February 1, 2013. Interest at a rate of 3 percent will accrue beginning at the date of the loan
(September 22, 2009) and the loan shall be repaid 55 years from the date of the issuance of the Certificate of
Completion. Also, funds were loaned to the LP under an Owner Participation Agreement (the OPA) under which
the LP was to develop and operate a development providing for affordable housing. The note is secured as a
second trust deed for a term of 55 years. At the end of 55 years, the LP has the option to enter into a new
regulatory agreement to extend the terms of the OPA or pay the loan in its entirety. The full amount of the loan
has been disbursed to the LP. The outstanding balance due to the City Housing Fund is $10,415,329 which
included $1,976,734 in accrued interest.
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 12 – AFFORDABLE HOUSING GRANT AND LOAN AGREEMENTS (CONTINUED)
AMCAL Pujol Fund L.P. Owner Participation Agreement
The former Temecula Redevelopment Agency has an Owner Participation Agreement (OPA) dated
February 22, 2011, with AMCAL Pujol Fund L.P., a California limited partnership (the Partnership) to grant up to
$5,579,000 for land acquisition, construction, and permanent financing of a 45 unit apartment affordable housing
project. Pursuant to AB X1 26 and AB 1484, the former Redevelopment Agency transferred the agreement to the
City Housing Successor effective February 1, 2013. The project will have a 55-year covenant restricting the units
to low income households as defined by California Health and Safety Code.
The funds are disbursed in phases based on specific project milestones and is secured by a Deed of Trust. Interest
is not to exceed 3 percent and will accrue on any outstanding amounts. Amounts owed will be forgiven if there
are no violations of the covenants of the OPA. As of June 30, 2018, the full amount of the loan has been
disbursed to the LP. The outstanding balance due to the City Housing Fund is $6,680,853.
NOTE 13 – NON COMMITMENT DEBT
Special Tax Bonds
Neither the faith and credit nor the taxing power of the City or agency is pledged to the payment of the eight bond
issuances disclosed below. Therefore, the bonds are not included in the financial statements.
In September 2003, the City of Temecula Assessment District No. 03-4 (John Warner Road) issued $1,210,000 in
special tax bonds. The bonds were issued to finance the cost of certain road and drainage improvements in the
District, pay interest on the bonds for a revenue derived by the District from the levy of the special taxes and are
secured by a first limited period, pay administrative costs, pay the costs of issuing the bonds and make a deposit
to the reserve fund for the bonds. The bonds are payable from special tax pledge of all the special tax revenues
and monies deposited in certain funds. At June 30, 2018, these bonds had an outstanding balance of $260,000.
In July 2012, the Temecula Public Financing Authority Community Facilities District No. 03-03 (Wolf Creek)
issued $26,020,000 Special Tax Refunding Bonds. The bonds were issued to refund CFD 03-03 (Wolf Creek)
2003 Special Tax Bonds, pay for the costs of issuing the 2012 Bonds and establish a Reserve Fund for the 2012
Bonds. The bonds are payable from special tax revenues derived by the District from the levy of special taxes and
are secured by a first pledge of all the special tax revenues and monies deposited in certain funds. At June 30,
2018, these bonds had an outstanding balance of $20,840,000.
In July 2012, the Temecula Public Financing Authority Community Facilities District No. 03-06 (Harveston II)
issued $4,400,000 Special Tax Refunding Bonds. The bonds were issued to defease and redeem CFD 03-06
(Harveston II) 2004 Special Tax Bonds, pay for the costs of issuing the 2012 Bonds and establish a Reserve Fund
for the 2012 Bonds. The bonds are payable from special tax revenues derived by the District from the levy of
special taxes and are secured by a first pledge of all the special tax revenues and monies deposited in certain
funds. At June 30, 2018, these bonds had an outstanding balance of $3,495,000.
9
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 13 – NON COMMITMENT DEBT (CONTINUED)
Special Tax Bonds (Continued)
In July 2012, the Temecula Public Financing Authority Community Facilities District No. 03-01 (Crowne Hill)
issued $10,440,000 Special Tax Refunding Bonds. The bonds were issued to defease and redeem CFD 03-01
(Crowne Hill) 2003 Special Tax Bonds, pay for the costs of issuing the 2012 Bonds, and establish a Reserve Fund
for the 2012 Bonds. The bonds are payable from special tax revenues derived by the District from the levy of
special taxes and are secured by a first pledge of all the special tax revenues and monies deposited in certain
funds. At June 30, 2018, these bonds had an outstanding balance of $8,185,000.
In December 2016, the Temecula Public Financing Authority Community Facilities District No. 01-02
(Harveston) issued $13,425,000 Special Tax Refunding Bonds. The bonds were issued to refund aggregate
outstanding principal amount of the CFD (Harveston) 2006 Series A and 2006 Series B, pay for the cost of
issuing the 2006 Bonds. The bond is payable from special tax revenues derived by the deposited in certain funds.
At June 30, 2018, these bonds had an outstanding balance of $12,310,000.
In March 2017, the Temecula Public Financing Authority Community Facilities District No. 16-01 (Roripaugh
Ranch) issued $42,815,000 in Special Tax Bonds. The bonds were issued to refund a portion of the 2006 CFD
No. 03-02 (Roripaugh Ranch) outstanding principal, pay for the cost of improvements, cost of issuance and
establish a Reserve Fund for the 2017 bonds. The bonds are payable from special tax revenues derived by the
District from the levy of special taxes and are secured by a first pledge of all the special tax revenues and monies
deposited in certain funds. The outstanding balance as of June 30, 2018 is $42,250,000.
In March 2017, the Temecula Public Financing Authority Community Facility District No. 03-02 (Roripaugh
Ranch) issued $10,020,000 in Special Tax Refunding Bonds to refund a portion of the 2006 Series, pay for the
cost of issuance and establish a Reserve Fund for the 2017 bonds. The bonds are payable from special tax
revenues derived by the District from the levy of special taxes and are secured by a first pledge of all the special
tax revenues and monies deposited in certain funds. The outstanding balance as of June 30, 2018 is $9,280,000.
In July 2017, the Temecula Financing Authority Community Facilities District No. 03-1 (Crowne Hill District)
issued $2,105,000 Special Tax Refunding Bond. The bond was issued to refund remaining outstanding principal
amount of the CFD 03-01 2005 Series. The bond is payable from special tax revenues derived by the District
from the levy of the special taxes and are secured by a first pledge of all the special tax revenues and monies
deposited in certain funds. At June 30, 2018, the bond had an outstanding balance of $2,105,000.
NOTE 14 – POST EMPLOYMENT BENEFITS
Plan Description
The City provides other postemployment benefits (OPEB) through the California Employers’ Retiree Benefit
Fund (CERBT), an agent multiple-employer defined benefit healthcare plan administered by the California Public
Employees’ Retirement System (CalPERS), by contributing a predetermined monthly maximum of $1,090 from
July 1, 2013 through September 30, 2013, and $1,198 from October 1, 2013 through June 30, 2018, for each
eligible retiree and spouse towards health insurance. These benefits are provided per contract between the City
and the employee associations. Separate financial statements for the CERBT may be obtained by writing to
CalPERS at Lincoln Plaza North 400 Q Street, Sacramento, California 95814 or by visiting the CalPERS website
at www.calpers.ca.gov.
9
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 14 – POST EMPLOYMENT BENEFITS (CONTINUED)
Benefits Provided
Benefits are provided to employees who retire at age 50 or older with five years of eligible CalPERS service. The
City pays a percentage of the premium for retirees and eligible dependent medical, dental, vision coverage. The
City also reimburses the Medicare Part B premiums for retirees (and their spouses) hired before June 30, 2005.
Employees Covered by Benefit Terms
At June 30, 2017, the most recent valuation date, the following current and former employees were covered by the
benefit termsof the OPEB plan:
Active employees176
Inactive employees or beneficiaries currently receiving benefits63
Inactive employees entitled to, but not yet receiving benefits32
Total271
Contributions
The contribution requirements of plan members and the City are established and may be amended by the City,
City Council and/or the employee associations. Currently, contributions are not required from plan members.
The City pays a mandated monthly subsidy regardless of coverage elected of $127. The annual contribution is
based on the actuarially determined contribution. Contribution recognized by the City’s OPEB plan from the
employer for the year ended June 30, 2018 were $2,627,572.
Net OPEB Liability
The City’s net OPEB liability for the OPEB plan was measured as tB liability, less the OPEB plan’s
he total OPE
fiduciary net position. The net OPEB liability of the OPEB plan was measured as of June 30, 2017, using an
annual actuarial valuations as of June 30, 2017. A summary of principal assumptions and methods used to
determine the net OPEB liability is shown below.
e total OPEB liability in the June 30, 2017 actuarial valuation was determined using
Actuarial Assumptions – Th
the following actuarial assumptions, applied to all periods included in the measurement:
Actuarial Cost MethodEntry-Age Normal Cost Method
Actuarial Assumptions:
Discount Rate6.75%
Inflation2.75%
Payroll Growth3.00%
Investment Rate of Return6.75%
Mortality(1)
Medical Trend RatesNon-Medicare - 7.50% for 2019, decreasing to an ultimate rate of 4.00% in 2076 and later years
Medicare - 6.50% for 2019, decreasing to an ultimate rate of 4.00% in 2076 and later years
Dental and Vision Trend Rate2.75%
(1)Derived using CalPERS 1997-2015 experience study
Mortality rates were based on the CalPERS 1997-2015 Experience Study, which assumed future mortality
improvements using Society of Actuaries (SOA) Scale MP-2017. The Experience Study report can be obtained on
the CalPERS website under Forms and Publications.
9
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 14 – POST EMPLOYMENT BENEFITS (CONTINUED)
Net OPEB Liability (Continued)
Discount Rate - The discount rate used to measure the total pension liability was 6.75 percent for the OPEB plan.
The projection of cash flows used to determine the discount rate assumed that employee contributions will be
made at the current contribution rate and that the City’s contributions will be made at rates equal to the difference
between actuarially determined contributions rates and the employee rate. Based on those assumptions, the City
OPEB’s fiduciary net position was projected to be available to make all projected future benefit payments of
current active and inactive employees. Therefore, the long-term expected rate of return on pension plan
investments was applied to all periods of projected benefit payments to determine the total OPEB liability.
The long-term expected rate of return on the OPEB plan investments was determined using a building-block
method in which best-estimate ranges of expected future real rates of return (expected returns, net of OPEB plan
investment expense and inflation) are developed for each major asset class. These ranges are combined to
produce the long-term expected rate of return by weighting the expected future real rates of return by the target
asset allocation percentage and by adding expected inflation. The target asset allocation and most recent best
estimates of arithmetic real rates of return for each major asset class are summarized in the following table:
TargetLong-Term Expected Real
AllocationRate of Return
Asset Class
Global Equity57.0%4.82%
Fixed Income27.0%1.47%
TIPS5.0%1.29%
Commodities3.0%0.84%
REITs8.0%3.76%
Total100%
Changes in the Net OPEB Liability
Increase (Decrease)
Total OPEB Plan Fiduciary Net OPEB
LiabilityNet PositionLiability
$ 5,692,00017,643,000$ 11,951,000$
Balance at June 30, 2017
Changes in the year:
Service Cost392,000 - 392,000
Interest on the total OPEB liability1,191,000 - 1,191,000
Contribution - employer- 1 ,729,000 (1,729,000)
Net investment income- 595,000 ( 595,000)
Benefit payments, including refunds of employee contributions(781,000)(781,000)-
Administrative expenses- (3,000)3,000
Net changes802,0001,540,000(738,000)
$18,445,000$ 7,232,000$11,213,000
Balance at June 30, 2018
9
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 14 – POST EMPLOYMENT BENEFITS (CONTINUED)
Changes in the Net OPEB Liability (Continued)
Sensitivity of the Net OPEB Liability to Changes in the Discount Rate and Healthcare Cost Trend Rates – The
following presents the net OPEB liability of the City, as well as what the City’s net OPEB liability would be if it
were calculated using a discount rate that is 1-percentage-point lower (5.75 percent) or 1-percentage-point higher
(7.75 percent) than the current discount rate:
1% DecreaseDiscount Rate1% Increase
(5.75%)(6.75%)(7.75%)
Net OPEB Liability$ 13,462,000$11,213,000$ 9,334,000
Sensitivity of the Net OPEB Liability to Changes in the Healthcare Cost Trend Rates – The following presents the
net OPEB liability of the City, as well as what the City's net OPEB liability would be if it were calculated using
healthcare cost trend rates that are 1-percentage-point lower (6.50 percent decreasing to 3.00 percent) or
1-percentage-point higher (8.50 percent decreasing to 5.00 percent) than the current healthcare cost trend rates:
1% DecreaseDiscount Rate1% Increase
(6.5%(7.5%(8.5%
Decreasing toDecreasing toDecreasing to
3%)4%)5%)
Net OPEB Liability$ 10,286,000$11,213,000$ 12,042,000
OPEB Plan Fiduciary Net Position – Detailed information about the OPEB plan's fiduciary net position is
available in the separately issued CalPERS financial reports.
OPEB Expense and Deferred Outflows/Inflows of Resources Related to OPEB
For the year ended June 30, 2018, the City recognized OPEB expense of $1,134,000. At June 30, 2018, the City
reported deferred outflows of resources and deferred inflows of resources related to OPEB from the following
sources:
Deferred Outflows Deferred Inflows of
of ResourcesResources
OPEB contributions subsequent to measurement date$ 2,627,572$ -
Net difference between projected and actual earnings on
plan investments-143,000
Total$ 2,627,572$ 143,000
9
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 14 – POST EMPLOYMENT BENEFITS (CONTINUED)
OPEB Expense and Deferred Outflows/Inflows of Resources Related to OPEB (Continued)
$2,627,572 reported as deferred outflows of resources related to contributions subsequent to the measurement
y in the year ended June 30, 2019. Other amounts
date will be recognized as a reduction of the net OPEB liabilit
reported as deferred outflows of resources and deferred inflows of resources related to OPEB will be recognized
in OPEB expense as follows:
Year ended
June 30,Amortization
2019(36,000)$
2020(36,000)
2021(36,000)
2022(35,000)
Total$ (143,000)
NOTE 15 – SECTION 115 TRUST
In May 2018, the City Council approved the creation of a Section 115 Trust Agreement with U.S. Bank National
Association, and Public Agency Retirement Services (PARS), Trust Administrator. Section 115 Trust was
established as a means to set aside monies to fund the City’s pension and/or OPEB obligations. Contributions to
Section 115 trust are irrevocable, the assets are dedicated to providing benefits to plan members, and the assets are
protected from creditors of the City. The purpose of the creation of Section 115 Trust was to address the City’s
pension obligations by accumulating assets to reduce the net pension liability. However, in accordance with
general accepted accounting principles, the assets in Section 115 Trust are not considered to have present service
capacity as plan assets and are therefore considered restricted assets of the City rather than pension plan assets.
Accordingly, the Section 115 Trust’s assets are recorded as restricted for pension benefits in the General Fund
rather than assets of the pension plan during the measurement of the net pension liability. The assets held in trust
will be considered pension plan assets at the time they are transferred out of the Trust into the pension plan.
At the time the Trust was created, the City deposited $8,000,000 into the Trust. During the fiscal year, the Trust
earned $9,354 in interest income.
The City currently funds its OPEB obligations through the CERBT program, and although the newly established
Section 115 Trust is able to accept OPEB funds, the City has no immediate plans to fund OPEB obligations
through the Section 115 Trust.
NOTE 16 – CALIFORNIA REDEVELOPMENT AGENCY DISSOLUTION
and the League of California Cities
On July 18, 2011, the California Redevelopment Association (“CRA”)
(“League”) filed a petition for writ of mandate with the California Supreme Court, requesting the Court to declare
unconstitutional two bills that were passed as part of the 2011-12 State Budget, AB 1X 26 and 27 (California
Redevelopment Association v. Matosantos). AB 1X 26 dissolves redevelopment agencies effective October 1,
2011. AB 1X 27 gave redevelopment agencies an option to avoid dissolution if it commits to making defined
payments for the benefit of the State, school districts and certain special districts. In 2011-12, these payments
amounted to a state-wide total of $1.7 billion. In 2012-13 and subsequent years, the payments totaled $400
million, annually. Each city or county’s share of these payments was determined based on its proportionate share
of state-wide tax increment.
9
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 16 – CALIFORNIA REDEVELOPMENT AGENCY DISSOLUTION (CONTINUED)
On December 29, 2011, the California Supreme Court upheld Assembly Bill 1X 26 (Bill) that provided for the
dissolution of all redevelopment agencies in the State of California. This action impacted the reporting entity of
the City of Temecula that previously had reported the redevelopment agency as a blended component unit. The
Bill provides that upon dissolution of a redevelopment agency, either the County or another unit of local
government will agree to serve as the “successor agency” to hold the assets until they are distributed to other units
of state and local government. Effective February 1, 2012, the City became the Successor Agency for the former
redevelopment agency in accordance with the Bill.
Prior to the dissolution, the City loaned the former redevelopment agency $5,250,954 for the allocation to the
Supplemental Education Revenue Augmentation (“SERAF”) pursuant to the Health and Safety Code Section
33690(c). All amounts due are reported the City Housing fund. In the opinion of management, and in
consultation with its legal counsel, the amounts owed to the City for advances by the former Temecula
Redevelopment Agency were for legitimate redevelopment purposes. Further, management asserts that it has
complied with AB 1X 26, as amended by AB 1484, and intends to perform all actions required under Health and
Safety Code Section (HSC) 34191.4 to ensure collectability of the amount outstanding.
On April 26, 2013, the City received notification of the “Finding of Completion” from the California State
Department of Finance (DOF), which allows for: 1) loan agreements between the former redevelopment agency
and City may be placed on the ROPS as an enforceable obligation, provided the oversight board makes a finding
that the loan was for a legitimate redevelopment purpose per California Health and Safety Code (HSC) Section
34191.4(b)(1), and 2) utilizing proceeds derived from bonds issued prior to January 1, 2011 in a manner
consistent with the original bond covenants per HSC section 34191.4(c).
NOTE 17 – SUCCESSOR AGENCY TRUST FOR ASSETS OF FORMER REDEVELOPMENT AGENCY
Subject to the control of a newly established oversight board, remaining assets of the Successor Agency can only
be used to pay enforceable obligations in existence at the date of dissolution (including the completion of any
unfinished projects that were subject to legally enforceable contractual commitments).
In future fiscal years, successor agencies will only be allocated revenue in the amount that is necessary to pay the
estimated annual installment payments on enforceable obligations of the former redevelopment agency until all
enforceable obligations of the prior redevelopment agency have been paid in full and all assets have been
liquidated.
The Bill directs the State Controller of the State of California to review the propriety of any transfers of assets
between redevelopment agencies and other public bodies that occurred after January 1, 2011. If the public body
that received such transfers is not contractually committed to a third party for the expenditure or encumbrance of
those assets, the State Controller is required to order the available assets to be transferred to the public body
designated as the successor agency by the Bill.
Management believes, in consultation with legal counsel, that the obligations of the former redevelopment agency
due to the City are valid enforceable obligations payable by the successor agency trust under the requirements of
the Bill. The City’s position on this issue is not a position of settled law and there is considerable legal
uncertainty regarding this issue. It is reasonably possible that a legal determination may be made at a later date by
an appropriate judicial authority that would resolve this issue unfavorably to the City.
ourt on
In accordance with the timeline set forth in the Bill (as modified by the California Supreme C
December 29, 2011) all redevelopment agencies in the State of California were dissolved and ceased to operate as
a legal entity as of February 1, 2012.
9
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 17 – SUCCESSOR AGENCY TRUST FOR ASSETS OF FORMER REDEVELOPMENT AGENCY
(CONTINUED)
After the date of dissolution, the assets and activities of the dissolved redevelopment agency are reported in a
fiduciary fund (private-purpose trust fund) in the financial statements of the City.
A.Cash and Investments
Cash and investments reported in the accompanying financial statements consisted of the following:
Cash and investments pooled with the City$ 3,991,166
Cash and investments with fiscal agent 12,898,758
$16,889,924
B.Capital Assets
An analysis of capital assets as of June 30, 2018, follows:
Balance atBalance at
July 1, 2017AdditionsDeletionsJune 30, 2018
Capital Assets Not Being Depreciated:
Land$ 3,819,108$ -$ 3,819,108-$
Capital Assets, Being Depreciated:
Buildings and structures7,780 - - 7,780
Infrastructure35,266,726 - 35,266,726-
Total Capital Assets Being Depreciated35,274,506 - 35,274,506-
Less Accumulated Depreciation for:
Buildings and structures7,780 - - 7,780
Infrastructure 7,245,2921,179,997- 8,425,289
Total Accumulated Depreciation 7,253,0721,179,997- 8,433,069
Total Capital Assets, Being Depreciated, Net28,021,434 (1,179,997)- 26,841,437
Capital Assets, Net$ 31,840,542$ -(1,179,997)$ 30,660,545$
A description of long-term debt outstanding (excluding defeased debt) of the Successor Agency as of
June 30, 2018, follows:
Balance atBalance atDue Within
July 1, 2017AdditionsDeletionsJune 30, 2018One Year
Tax allocation bonds:
2002 TAB$ 21,840,000$ 21,840,000-$ $-$ -
2006 TAB Series A15,300,000- 15,300,000- -
2006 TAB Series B2,630,000- 2,630,000- -
2007 TAB13,820,000- 13,820,000- -
2010 TAB Series B12,150,000- 12,150,000- -
2011 TAB Series A16,000,000- 16,000,000- -
2017 TAB Series A- 46,050,000 -46,050,000 1,340,000
2017 TAB Series B- 31,795,000 -31,795,000960,000
81,740,000 77,845,00081,740,000 77,845,000 2,300,000
Less: bond discount(575,676) (838,065)597,897 (815,844)(39,908)
Add: bond premium- 6,850,828 (190,301)6,660,527326,230
Total Long-Term Debt$ 81,164,324$ 83,857,763$ 82,147,596$ 83,689,683$ 2,586,322
9
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 17 – SUCCESSOR AGENCY TRUST FOR ASSETS OF FORMER REDEVELOPMENT AGENCY
(CONTINUED)
C.Long-Term Debt
Tax Allocation Refunding Bonds
2017 Tax Allocation Refunding Bonds Series A and Series B
In November 2017, the Redevelopment Agency of the City of Temecula issued $46,050,000 2017 Tax
Allocation Refunding Bonds Series A and $31,795,000 2017 Tax Allocation Refunding Bonds Series B.
2017 Series A
The 2017 Tax Allocation Refunding Bonds Series A was issued to refund and defease through advance
refunding all the outstanding balance of the 2002 Tax Allocation Bonds, 2006 Tax Allocation Bonds
Series A, 2006 Tax Allocation Bonds Series B and 2007 Tax Allocation Bonds. The 2017 Series A
Bonds are payable in annual installments, maturing on December 15 of each year beginning in 2019
through 2039 in amounts ranging from $1,340,000 to $3,515,000. Interest is payable semiannually on
June 15 and December 15 of each year, with rates ranging from 2% to 5%. The outstanding balance of
the Series A Bonds as of June 30, 2018, is $46,050,000.
The future debt service requirements on the 2017 Tax Allocation Refunding Bonds Series A are as
follows:
Year Ending
June 30,PrincipalInterestTotal
20191,340,000$ 2,193,750$ 3,533,750$
2020 1,385,0002,152,650 3,537,650
2021 1,435,0002,096,250 3,531,250
2022 1,495,0002,037,650 3,532,650
2023 1,560,0001,968,750 3,528,750
2024-2028 9,025,0008,564,12517,589,125
2029-203311,530,0006,013,00017,543,000
2034-203814,765,0002,808,62517,573,625
2039 3,515,000 87,875 3,602,875
$ 27,922,67546,050,000$ $73,972,675
The refunding of the 2002, 2006 Series A and B, and 2007 Tax Allocation Bonds resulted in a difference
between the reacquisition price and the net carrying amount of the old debt of $1,439,516. This
difference, reported in the accompanying financial statements as a deferred loss on refunding, is being
charged to operations through the year 2039. The refunding also provided a cumulative debt service
savings of $9,288,828 over the life of the bonds, resulting in an economic gain of $5,661,196.
9
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 17 – SUCCESSOR AGENCY TRUST FOR ASSETS OF FORMER REDEVELOPMENT AGENCY
(CONTINUED)
nued)
C.Long-Term Debt (Conti
Tax Allocation Refunding Bonds (Continued)
2017 Series B
The 2017 Tax Allocation Refunding B
onds Series B was issued to refund and defease through advance
refunding all the outstanding balance of the 2010 Tax Allocation Bonds Series B and 2011 Tax
Allocation Bonds Series A. The 2017 Series B Bonds are payable in annual installments, maturing on
December 15 of each year beginning in 2019 through 2040 in amounts ranging from $960,000 to
$2,215,000. Interest is payable semiannually on June 15 and December 15 of each year, with rates
ranging from 1.75% to 3.5%. The outstanding balance of the Series A Bonds as of June 30, 2018, is
$31,795,000.
The future debt service requirements on the 2017 Tax Allocation Refunding Bonds Series B are as
follows:
Year Ending
June 30,PrincipalInterestTotal
2019960,000$ 1,094,431$ 2,054,431$
2020985,000 1,076,1812,061,181
20211,010,000 1,056,2312,066,231
20221,035,000 1,033,1942,068,194
20231,065,000 1,006,9442,071,944
2024-20285,945,000 4,544,94710,489,947
2029-20337,270,000 3,442,62510,712,625
2034-20389,195,000 1,820,10011,015,100
2039-20404,330,000 175,2004,505,200
$ 15,249,85331,795,000$ 47,044,853$
The refunding of the 2010 Series B and 2011 Series A Tax Allocation Bonds resulted in a difference
between the reacquisition price and the net carrying amount of the old debt of $5,430,997. This
difference, reported in the accompanying financial statements as a deferred loss on refunding, is being
charged to operations through the year 2040. The refunding provided a cumulative debt service savings
of $6,184,991 over the life of the bonds, resulting in an economic gain of $3,917,205.
The Successor Agency pledged, as security for bonds issued, a portion of property tax revenues that it
received for the repayment of the 2017A and 2017B Tax Allocation Refunding Bonds. Pledged revenue
for the year ended June 30, 2018, as follow:
Fiscal year 2018
Final MaturityPledged RevenueDebt PrincipalPledged Revenue
Debt PledgedDateto Maturityand Interest PaidReceived
Tax Allocation Refunding Bonds - 2017 Series A203973,972,675$ 1,109,706$ 1,109,706$
Tax Allocation Refunding Bonds - 2017 Series B204047,044,853 554,479 554,479
Total$ 121,017,528$ 1,664,185$ 1,664,185
CITY OF TEMECULA, CALIFORNIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
NOTE 17 – SUCCESSOR AGENCY TRUST FOR ASSETS OF FORMER REDEVELOPMENT AGENCY
(CONTINUED)
D.Advance from the City Housing Fund
The amount loaned to the Successor Agency from the City Housing Fund is to advance money for the
payment of the FY 2010 and FY 2011 Supplemental Educational Revenue Augmentation Fund in the
amount of $4,354,450 and $896,504, respectively. The California Department of Finance has approved
the repayment of the advance and is projected to begin during the fiscal year beginning July 1, 2017. The
advance balance has not changed since the prior year.
E.Insurance
The Successor Agency is covered under the City of Temecula’s insurance policies. Therefore, the
limitation and self-insured retentions applicable to the City also apply to the Successor Agency.
Additional information as to coverage and self-insured retentions can be found in Note 7.
F.Commitments and Contingencies
At June 30, 2018, the Successor Agency was involved as a defendant in several lawsuits arising out of the
ordinary conduct of its affairs. It is the opinion of management that settlements of these lawsuits,
including losses for claims that are incurred but not reported, if any, will not have a material effect on the
financial position of the Successor Agency.
NOTE 18 – RESTATEMENT OF NET POSITION
The City adopted Governmental Accounting Standards Board (GASB) Statement No. 75, Accounting and
Financial Reporting for Postemployment Benefits Other Than Pensions, effective July 1, 2017. Refer to Note 14
for further disclosures related to the City’s OPEB plan and related balances. As a result of the implementation,
the City restated beginning net position as noted below:
June 30, 2017
PreviouslyJuly1,2017
Governmental ActivitiesPresentedRestatementRestated
Net OPEB asset$ 1,393,702$ (1,393,702) -
Deferred outflows of resources related to OPEB -1 ,729,0001,729,000
Net OPEB liability (11,951,000)-(11,951,000)
Net Position - Beginning of year749,727,619(11,615,702)738,111,917
NOTE 19 – SUBSEQUENT EVENTS
On August 1, 2018, the Temecula Public Financing Authority (Authority) refinanced its 2011 Financing Lease.
The 2011 Financing Lease was first issued in the original principal amount of $26.8 million and the original
interest rate of 3.75% per annum. The lease refinancing is for 13 years with the principal amount of $18.673
million and the reduced interest rate of 3.42% per annum. In addition, the Authority also entered into a new lease
agreement in the amount of $6.5 million to finance the costs of the construction of a new recreation center in
Margarita Community Park. The new lease agreement is scheduled to be paid off in 2034 with the interest rate of
3.42% per annum.
10
Fiscal Year 201-1
Comprehensive Annual Financial Report
10
CITY OF TEMECULA, CALIFORNIA
REQUIRED SUPPLEMENTARY INFORMATION
JUNE 30, 2018
PUBLIC EMPLOYEES RETIREMENT SYSTEM (PERS)
Schedule of Changes in the Net Position Liability and Related Ratios
Last 10 Years*
2018201720162015
Total Pension Liability
Service Cost
$ 2,685,366$ 2,396,791$ 2,282,142$ 2,380,454
Interest on the total pension liability7,798,897 7,218,301 6,730,9466,312,862
Changes in assumptions 7,061,683- (1,836,530) -
Differences between expected and actual experience 1,321,951 3 40,900 (272,870) -
Benefit payments, including refunds of employee contributions(3,610,053) (3,238,788) (2,842,530)(2,597,503)
Net change in total pension liability15,257,844 6,717,204 4,061,1586,095,813
Total pension liability - beginning101,154,19094,436,986 90,375,82884,280,015
$ 101,154,190116,412,034$ 94,436,986$ $ 90,375,828
Total pension liability - ending (a)
Plan fiduciary net position
Contributions - employer$ 3,314,900$ 3,153,160$ 2,999,056$ 2,692,262
Contributions - employee 1,023,443 1,122,240 1,008,1831,193,150
Net investment income 7,841,323 3 72,747 1,470,5259,493,527
Administrative expenses
(100,871) (40,804) (75,393) (83,334)
Benefit payments(3,610,053) (3,238,788)(2,842,530)(2,597,503)
Net change in plan fiduciary net position 8,468,742 1,368,555 2,559,84110,698,102
68,320,84666,952,291 64,392,45053,694,348
Plan fiduciary net position - beginning
$ 68,320,84676,789,588$ $ 66,952,291$ 64,392,450
Plan fiduciary net position - ending (b)
Net pension liability - ending (a)-(b)$ 32,833,34439,622,446$ $ 27,484,695$ 25,983,378
Plan fiduciary net position as a percentage of the total pension liability65.96%67.54%70.90%71.25%
Covered payroll
$ 12,697,72412,008,383$ $ 12,340,057$ 12,233,806
Net pension liability as percentage of covered payroll329.96%258.58%222.73%212.39%
Notes to Schedule:
*- Fiscal year 2015 was the 1st year of implementation, therefore only four years are shown.
Changes in assumptions - In 2017, the discount rate was changed from 7.65 (net of administrative expense) to 7.15 percent.
10
CITY OF TEMECULA, CALIFORNIA
REQUIRED SUPPLEMENTARY INFORMATION
JUNE 30, 2018
PUBLIC EMPLOYEES RETIREMENT SYSTEM (PERS)
Schedule of Contributions – Pension
Last 10 Years*
2018201720162015
Actuarially determined contribution$ 2,088,146$ 3,310,314$ 3,153,160$ 2,999,056
Contributions in relation to the actuarially determined contributions2,088,146 3,310,3143,153,160 2,999,056
Contribution deficiency (excess)$ -$-$-$ -
Covered payroll12,578,917 12,008,38312,697,724 12,340,057
Contributions as a percentage of covered payroll16.60%27.57%24.83%24.30%
Notes to Schedule
Valuation date:June 30, 2015June 30, 2014June 30, 2013June 30, 2012
Methods and assumptions used to determine contribution rates:
Actuarial cost methodEntry Age Normal Cost Method
Amortization methodLevel percent of payroll
Remaining amortization period20 years
Asset valuation methodMarket value
Inflation2.75%
Salary increases3.3% to 14.20% depending on Age, Service, and type of employment
Investment rate of return7.50%7.65%7.65%7.50%
Retirement age55
MortalityBased on CalPERS Based on CalPERS Experience Study
*- Fiscal year 2015 was the 1st year of implementation, therefore only four years are shown.
Changes in assumptions - In 2017, the discount rate was changed from 7.65 (net of administrative expense) to 7.15 percent.
10
CITY OF TEMECULA, CALIFORNIA
REQUIRED SUPPLEMENTARY INFORMATION
JUNE 30, 2018
Schedule of Changes in the Net Other Postemployment Benefits (OPEB) and Related Ratios
Last 10 Years*
2018*
Total OPEB Liability
Service cost$ 392,000
Interest on the total OPEB liability1,191,000
Benefit payments, including refunds of employee contributions(781,000)
802,000
Net change in total OPEB liability
17,643,000
Total OPEB liability - beginning
$ 18,445,000
Total OPEB liability - ending (a)
Plan fiduciary net position
Contributions - employer$ 1,729,000
Net investment income595,000
Benefit payments(781,000)
Administrative expenses(3,000)
1,540,000
Net change in plan fiduciary net position
5,692,000
Plan fiduciary net position - beginning
7,232,000
Plan fiduciary net position - ending (b)
Net OPEB liability - ending (a)-(b)$ 11,213,000
Plan fiduciary net position as a percentage of the total OPEB liability39.21%
Covered-employee payroll$ 13,520,568
Net OPEB liability as percentage of covered payroll82.93%
Notes to Schedule:
*Fiscal year 2018 was the 1st year of implementation.
10
CITY OF TEMECULA, CALIFORNIA
REQUIRED SUPPLEMENTARY INFORMATION
JUNE 30, 2018
Schedule of Contributions-Other Postemployment Benefits
Last 10 Years*
2018*
Actuarially determined contribution$ 2,627,572
Contributions in relation to the actuarially determined contributions2,627,572
Contribution deficiency (excess)
$ -
Covered-employee payroll 16,480,861
Contributions as a percentage of covered payroll15.94%
Notes to Schedule
Valuation date:Actuarially determined contribution rates are calculated as of June 30
one year prior to the end of the fiscal year in which contributions
are reported.
Methods and assumptions used to
determine contribution rates:
Actuarial cost methodEntry Age Normal Cost Method
Amortization methodLevel percent of payroll
Asset valuation methodMarket value
Inflation2.75%
Medical Trend RateNon-Medicare - 7.50% for 2019, decreasing to an ultimate rate of 4.00% in 2076 and later years
Medicare - 6.50% for 2019, decreasing to an ultimate rate of 4.00% in 2076 and later years
Dental and Vision Trend Rate2.75%
Investment rate of return6.75%
Retirement age55
yBased on CalPERS 1997-2015 Experience Study
Mortalit
*Fiscal year 2018 was the 1st year of implementation.
10
10
COMBINING AND
INDIVIDUAL FUND
STATEMENTS AND
SCHEDULES
10
Fiscal Year 2017-18
Comprehensive Annual Financial Report
DEFINITIONS OF NON-MAJOR
GOVERNMENTAL FUNDS
NON-MAJOR SPECIAL REVENUE FUNDS:Used to account for specific revenues that are
legally restricted to expenditure for particular purposes.
GAS TAX: This fund is used to account for revenues apportioned under the Streets and
Highways Code of the State of California.
DEVELOPMENT IMPACT:This fund is used to account for the proceeds of
developmental impact fees restricted for capital improvement projects.
COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG): This fund is used to account
for grants received from the U.S. Department of Housing and Urban Development
(HUD). The grants are used for the redevelopment of a viable community by providing
decent housing, a suitable living environment, and expanding economic opportunities,
principally for persons of low and moderate income.
AB 2766: This fund is used to account for the City’s share of revenues received under
AB 2766 to be used to reduce air pollution from motor vehicles pursuant to the California
Clean Air Act of 1988.
AB 3229 COPS:This fund is used to account for the revenues and law enforcement
expenditures of the AB 3229 COPS grant.
TEMECULA MAJOR CRIMES REWARD FUND:This fund was set up to account for a
reward for information that leads to the capture and conviction of the person(s)
responsible for the murder of Larry Robinson. The General Fund contributed $25,000
and the public can also contribute to this fund.
BUSINESS INCUBATOR RESOURCE:This fund was set up to account for all activity
at the City of Temecula Entrepreneur’s Exchange Business Incubator. $150,000 was
transferred from the General Fund in fiscal year 2012-13 to initially fund this activity.
TEMECULA ENERGY EFFICIENCY AND ASSETMANAGEMENT (TEAM):This fund
was set up to subsidize energy efficiency and rehabilitation projects at municipal
facilities. Approximately $120,000 in energy efficiency related rebates initially
established the fund and it is sustained by continued rebates and energy cost savings
from TEAM implemented projects that maximize measured energy savings identified in
routine energy audits conducted in ongoing efforts to further energy conservation.
PUBLIC, EDUCATION & GOVERNMENT FEES FUND (PEG):This fund was
established to track the collection and expenditures of a 1% fee collected by local cable
operators for the sole purpose of supporting the access facilities and activities within the
City.
RMRA: This fund is used to account for gasoline and vehicle registration taxes pursuant
to the Road Repair and Accountability Act of 2017 (SB1 Beall).
Fiscal Year 2017-18 Comprehensive Annual Financial Report
1
Fiscal Year 2017-18
Comprehensive Annual Financial Report
DEFINITIONS OF NON-MAJOR
GOVERNMENTAL FUNDS (CONTINUED)
NON-MAJOR CAPTIAL PROJECTS FUNDS:Used to account for the acquisition and
construction of major capital facilities.
CROWNE HILL COMMUNITY FACILITIES DISTRICT #03-1:This fund is used to
account for bond proceeds which were used for capital improvements in Crowne Hill
Community Facilities District #03-1.
WOLF CREEK COMMUNITY FACILITIES DISTRICT #03-3: This fund is used to
account for bond proceeds which were used for capital improvements in Wolf Creek
Community Facilities District #03-3.
NON-MAJOR DEBT SERVICE FUNDS:Used to account for the accumulation of resources for
and the payment of, principal and interest on long-term liabilities.
FINANCING LEASE: This fund is used to account for the payment of principal and
interest on the outstanding 2011 Financing Lease.
Fiscal Year 2017-18 Comprehensive Annual Financial Report
1
11
CITY OF TEMECULA, CALIFORNIA
COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS
JUNE 30, 2018
Special Revenue Funds
Development
Assets:Gas TaxImpactCDBGAB 2766
Pooled cash and investments-$ 3,991,103$ $ -$ 95,378
Receivables:
Accrued interest 1,394 21,717-6 63
Due from other governments181,176 466,801- 36,552
$ 182,570$ 4,012,820$ 466,801$ 132,593
Total Assets
Liabilities and Fund Balances:
Liabilities:
Accounts payable$ -$-$ 57,214$ -
Deposits payable- 17,659 - -
Due to other funds182,570 409,587- -
182,570 17,659 466,801 -
Total Liabilities
Fund Balances:
Restricted for:
Community development projects 3,995,161- - -
Public works-- 132,593-
Community services development-- - -
3,995,161- 132,593-
Total Fund Balances
Total Liabilities and Fund Balances$ 182,570$ 4,012,820$ 466,801$ 132,593
11
CITY OF TEMECULA, CALIFORNIA
COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS
JUNE 30, 2018
Special Revenue Fund
Temecula
MajorBusiness
AB 3299CrimesIncubator TEAM
Assets:
COPSRewardResourceFund
Pooled cash and investments$ -$ 25,897$ -$ 189,436
Receivables:
Accrued interest59 1 14 -8 38
Due from other governments 94,867 - - -
$ 94,926$ 26,011$ -$ 190,274
Total Assets
Liabilities and Fund Balances:
Liabilities:
Accounts payable$ -$-$-$-
Deposits payable - - - -
Due to other funds 94,926 - - -
94,926 - - -
Total Liabilities
Fund Balances:
Restricted for:
Community development projects - - - -
Public works - - - -
Community services development - 26,011 -190,274
- 26,011 -190,274
Total Fund Balances
Total Liabilities and Fund Balances$ 94,926$ 26,011$ -$ 190,274
11
CITY OF TEMECULA, CALIFORNIA
COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS
JUNE 30, 2018
Special Revenue Fund
PEG
Assets:
FundRMRATotal
Pooled cash and investments
$ 354,305$ 415,596$ 5,071,715
Receivables:
Accrued interest
1,694857 27,336
Due from other governments
32,74996,544908,689
Total Assets
$ 388,748$ 512,997$ 6,007,740
Liabilities and Fund Balances:
Liabilities:
Accounts payable
$ 31,390$ - 88,604
Deposits payable
-- 17,659
Due to other funds
--687,083
Total Liabilities
31,390-793,346
Fund Balances:
Restricted for:
Community development projects
-512,9974,508,158
Public works
--132,593
Community services development
357,358-573,643
Total Fund Balances
357,358512,9975,214,394
Total Liabilities and Fund Balances
$ 388,748$ 512,997$ 6,007,740
11
CITY OF TEMECULA, CALIFORNIA
COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS
JUNE 30, 2018
Capital ProjectsTotal
Capital
Crowne HillWolf CreekProjects
Assets:CFD #03-1CFD #03-3Funds
Receivables:
Accrued interest-$$ 373$ 373
Restricted assets:
Cash and investments with fiscal agent 268,984268,984-
$ 269,357-$ $ 269,357
Total Assets
Liabilities and Fund Balances:
Liabilities:
Due to other funds$-$-$-
Total Liabilities- - -
Fund Balances:
Restricted for:
Capital projects 269,357269,357-
269,357269,357-
Total Fund Balances
$ 269,357-$ $ 269,357
Total Liabilities and Fund Balances
11
CITY OF TEMECULA, CALIFORNIA
COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS
JUNE 30, 2018
Debt Service FundTotal Non-Major
FinancingGovernmental
Assets:LeaseFunds
Pooled cash and investments$ -$ 5,071,715
Receivables:
Accrued interest-27,709
Due from other governments-9 08,689
Restricted assets:
Cash and investments with fiscal agent-2 68,984
$ -$ 6,277,097
Total Assets
Liabilities and Fund Balances:
Liabilities:
Accounts payable$ -88,604
Deposits payable-17,659
Due to other funds-6 87,083
-7 93,346
Total Liabilities
Fund Balances:
Restricted for:
Community development projects- 4,508,158
Public works-1 32,593
Capital projects-2 69,357
Community services development-5 73,643
- 5,483,751
Total Fund Balances
$ -$ 6,277,097
Total Liabilities and Fund Balances
11
11
CITY OF TEMECULA, CALIFORNIA
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
NONMAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2018
Special Revenue Funds
Development
Gas TaxImpactCDBGAB 2766
Revenues:
Taxes-$ $-$-$ -
Intergovernmental2,324,482 -955,537140,467
Use of money and property 2,767 66,009 -9 59
Developer participation 2,728,650- --
2,327,249 2,794,659 955,537141,426
Total Revenues
Expenditures:
Current:
General government- 11,790 244,028 -
Public works-- - 10,000
Debt service:
Principal retirement- - - -
Interest and fiscal changes- - - -
- 11,790 244,028 10,000
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures2,327,249 2,782,869 711,509131,426
Other Financing Sources (Uses):
Transfers in- - - -
Transfers out(2,327,249) (3,123,748)(711,509) (135,000)
Total Other Financing Sources (Uses)(2,327,249) (3,123,748)(711,509) (135,000)
Net Change in Fund Balances - (340,879)-(3,574)
Fund Balances, Beginning of Year 4,336,040- 136,167-
$ 3,995,161-$ $ 132,593-$
Fund Balances, End of Year
11
CITY OF TEMECULA, CALIFORNIA
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
NONMAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2018
Special Revenue Funds
Temecula
MajorBusiness
AB 3229CrimesIncubator TEAM
COPSRewardResourceFund
Revenues:
$ -$-$-$-
Taxes
236,073- - -
Intergovernmental
383 3 49 - 2,576
Use of money and property
- - --
Developer participation
236,456 3 49- 2,576
Total Revenues
Expenditures:
Current:
- - - -
General government
- - - -
Public works
Debt service:
- - - -
Principal retirement
Interest and fiscal changes - - - -
- - - -
Total Expenditures
Excess (Deficiency) of Revenues
236,456 3 49- 2,576
Over (Under) Expenditures
Other Financing Sources (Uses):
Transfers in - - - -
(236,456) - (130,636) (10,000)
Transfers out
(236,456) - (130,636) (10,000)
Total Other Financing Sources (Uses)
Net Change in Fund Balances-349(130,636)(7,424)
Fund Balances, Beginning of Year- 25,662130,636197,698
$ -$ 26,011$ 190,274-$
Fund Balances, End of Year
1
CITY OF TEMECULA, CALIFORNIA
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
NONMAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2018
Special Revenue Funds
PEG
FundRMRATotal
Revenues:
Taxes
$ 253,263$ -$ 253,263
Intergovernmental
511,782- 4,168,341
Use of money and property
4,675 1,215 78,933
Developer participation
- - 2,728,650
Total Revenues257,938512,997 7,229,187
Expenditures:
Current:
General government
210,489 - 466,307
Public works
- - 10,000
Debt service:
Principal retirement
- - -
Interest and fiscal changes- - -
Total Expenditures210,489 - 476,307
Excess (Deficiency) of Revenues
Over (Under) Expenditures
47,449512,997 6,752,880
Other Financing Sources (Uses):
Transfers in- - -
Transfers out
- -(6,674,598)
Total Other Financing Sources (Uses)- -(6,674,598)
Net Change in Fund Balances 47,449512,997 78,282
Fund Balances, Beginning of Year309,909 -5,136,112
$ 357,358$ 512,997$ 5,214,394
Fund Balances, End of Year
1
CITY OF TEMECULA, CALIFORNIA
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
NONMAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2018
Capital Projects Fund
Crowne HillWolf Creek
CFD #03-1CFD #03-3Total
Revenues:
Taxes
$ -$-$-
Intergovernmental
- - -
Use of money and property
273 3,346 3,619
Developer participation
- - -
Total Revenues 273 3,346 3,619
Expenditures:
Current:
General government
- - -
Public works
976,644 -976,644
Debt service:
Principal retirement
- - -
Interest and fiscal changes- - -
Total Expenditures 976,644 -976,644
Excess (Deficiency) of Revenues
Over (Under) Expenditures(976,371) 3,346 (973,025)
Other Financing Sources (Uses):
Transfers in- - -
Transfers out- (31,592) (31,592)
- (31,592) (31,592)
Total Other Financing Sources (Uses)
Net Change in Fund Balances(976,371) (28,246) (1,004,617)
Fund Balances, Beginning of Year 976,371 297,603 1,273,974
$ -$ 269,357$ 269,357
Fund Balances, End of Year
12
CITY OF TEMECULA, CALIFORNIA
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
NONMAJOR GOVERNMENTAL FUNDS
YEAR ENDED JUNE 30, 2018
Debt Service Fund
Total Non-Major
FinancingGovernmental
LeaseFunds
Revenues:
Taxes
$- 253,263$
Intergovernmental
-4,168,341
Use of money and property
- 82,552
Developer participation
-2,728,650
Total Revenues
-7,232,806
Expenditures:
Current:
General government
-466,307
Public works
-986,644
Debt service:
Principal retirement
1,389,0001,389,000
Interest and fiscal changes
746,231 746,231
Total Expenditures
2,135,2313,588,182
Excess (Deficiency) of Revenues
Over (Under) Expenditures
(2,135,231)3,644,624
Other Financing Sources (Uses):
Transfers in
2,135,2312,135,231
Transfers out
-(6,706,190)
Total Other Financing Sources (Uses)2,135,231 (4,570,959)
Net Change in Fund Balances
-(926,335)
Fund Balances, Beginning of Year-6,410,086
$- 5,483,751$
Fund Balances, End of Year
12
12
CITY OF TEMECULA, CALIFORNIA
BUDGETARY COMPARISON SCHEDULE
GAS TAX
YEAR ENDED JUNE 30, 2018
Variance with
Final Budget -
Budgeted AmountsActualPositive
OriginalFinalAmounts(Negative)
Revenues:
Intergovernmental2,411,942$ 2,403,303$ 2,324,482$ (78,821)$
Use of money and property5003,0002,767 (233)
Total Revenues 2,412,442 2,406,303 2,327,249(79,054)
Excess (Deficiency) of Revenues Over
(Under) Expenditures
2,412,442 2,406,303 2,327,249(79,054)
Other Financing Sources (Uses):
Transfers out(3,041,384)(2,406,303)(2,327,249) 79,054
Total Other Financing Sources (Uses)(3,041,384)(2,406,303)(2,327,249) 79,054
Net Change in Fund Balance (628,942)-- -
Fund Balance, Beginning of Year--- -
Fund Balance, End of Year$ (628,942)$ -$ -$ -
12
CITY OF TEMECULA, CALIFORNIA
BUDGETARY COMPARISON SCHEDULE
DEVELOPMENT IMPACT
YEAR ENDED JUNE 30, 2018
Variance with
Final Budget -
Budgeted AmountsActualPositive
OriginalFinalAmounts(Negative)
Revenues:
Use of money and property-$ $ 60,000$ 66,009$ 6,009
Developer participation5,815,712 5 ,937,9682,728,650(3,209,318)
Total Revenues5,815,712 5 ,997,9682,794,659(3,203,309)
Expenditures:
General Government11,790 11,790 1 1,790 -
Total Expenditures11,790 11,790 1 1,790 -
Excess (Deficiency) of Revenues Over
(Under) Expenditures 5,803,922 5 ,986,1782,782,869(3,203,309)
Other Financing Sources (Uses):
Transfers out(10,224,933)(10,227,143) (3,123,748) 7,103,395
Total Other Financing Sources (Uses)(10,224,933)(10,227,143) (3,123,748) 7,103,395
Net Change in Fund Balance (4,421,011)(4,240,965)(340,879) 3,900,086
Fund Balance, Beginning of Year4,336,040 4 ,336,0404,336,040 -
Fund Balance, End of Year$ (84,971)$ 95,075$ 3,995,161$ 3,900,086
12
CITY OF TEMECULA, CALIFORNIA
BUDGETARY COMPARISON SCHEDULE
CDBG
YEAR ENDED JUNE 30, 2018
Variance with
Final Budget -
Budgeted AmountsActualPositive
OriginalFinalAmounts(Negative)
Revenues:
Intergovernmental$ 1,271,187$ 1,395,048$ 955,537$ (439,511)
Total Revenues 1,271,187 1,395,048955,537(439,511)
Expenditures:
General government181,946256,167244,028 12,139
Total Expenditures181,946256,167244,028 12,139
Excess (Deficiency) of Revenues Over
(Under) Expenditures
1,089,241 1,138,881711,509(427,372)
Other Financing Sources (Uses):
Transfers out(1,089,241)(1,138,881) (711,509) 427,372
Total Other Financing Sources (Uses)(1,089,241)(1,138,881) (711,509) 427,372
Net Change in Fund Balance--- -
Fund Balance, Beginning of Year--- -
Fund Balance, End of Year$ -$ -$ -$ -
12
CITY OF TEMECULA, CALIFORNIA
BUDGETARY COMPARISON SCHEDULE
AB 2766
YEAR ENDED JUNE 30, 2018
Variance with
Final Budget -
Budgeted AmountsActualPositive
OriginalFinalAmounts(Negative)
Revenues:
Intergovernmental139,285$ 139,285$ $ 140,467$ 1,182
Use of money and property5,5005,500959 (4,541)
Total Revenues144,785144,785141,426 (3,359)
Expenditures:
Public works10,00010,00010,000 -
Total Expenditures10,00010,00010,000 -
Excess (Deficiency) of Revenues Over
(Under) Expenditures
134,785134,785131,426 (3,359)
Other Financing Sources (Uses):
Transfers out (258,170) (258,170) (135,000) 123,170
Total Other Financing Sources (Uses) (258,170) (258,170) (135,000) 123,170
Net Change in Fund Balance (123,385) (123,385)(3,574) 119,811
Fund Balance, Beginning of Year136,167136,167136,167 -
Fund Balance, End of Year$ 12,782$ 12,782$ 132,593$ 119,811
12
CITY OF TEMECULA, CALIFORNIA
BUDGETARY COMPARISON SCHEDULE
AB 3229 COPS
YEAR ENDED JUNE 30, 2018
Variance with
Final Budget -
Budgeted AmountsActualPositive
OriginalFinalAmounts(Negative)
Revenues:
Intergovernmental171,000$ 171,000$ $ 236,073$ 65,073
Use of money and property- - 383 383
Total Revenues171,000171,000236,456 65,456
Excess (Deficiency) of Revenues Over
(Under) Expenditures 171,000171,000236,456 65,456
Other Financing Sources (Uses):
Transfers out (171,000) (237,000)(236,456) 544
Total Other Financing Sources (Uses) (171,000) (237,000)(236,456) 544
Net Change in Fund Balance-(66,000)- 66,000
Fund Balance, Beginning of Year----
Fund Balance, End of Year$ (66,000)-$ $ 66,000-$
12
CITY OF TEMECULA, CALIFORNIA
BUDGETARY COMPARISON SCHEDULE
TEMECULA MAJOR CRIMES REWARD FUND
YEAR ENDED JUNE 30, 2018
Variance with
Final Budget -
Budgeted AmountsActualPositive
OriginalFinalAmounts(Negative)
Revenues:
Use of money and property300$ $ 300$ 349$ 49
Total Revenues300 300 349 49
Excess (Deficiency) of Revenues Over
(Under) Expenditures
300 300 349 49
Net Change in Fund Balance300 300 349 49
Fund Balance, Beginning of Year25,662 2 5,662 2 5,662 -
Fund Balance, End of Year$ 25,962$ 25,962$ 26,011$ 49
1
CITY OF TEMECULA, CALIFORNIA
BUDGETARY COMPARISON SCHEDULE
BUSINESS INCUBATOR RESOURCE
YEAR ENDED JUNE 30, 2018
Variance with
Final Budget -
Budgeted AmountsActualPositive
OriginalFinalAmounts(Negative)
g Sources (Uses):
Other Financin
Transfers out-$ (130,635)$$ (130,636)$ (1)
Total Other Financing Sources (Uses)- (130,635)(130,636)(1)
Net Change in Fund Balance- (130,635)(130,636)(1)
Fund Balance, Beginning of Year 130,636130,636130,636 -
Fund Balance, End of Year$ 130,636$ 1$ -$ (1)
1
CITY OF TEMECULA, CALIFORNIA
BUDGETARY COMPARISON SCHEDULE
TEAM FUND
YEAR ENDED JUNE 30, 2018
Variance with
Final Budget -
BudActualPositive
geted Amounts
OriginalFinalAmounts(Negative)
Revenues:
Use of money and property 2,000$ $ 2,000$ 2,576$ 576
Total Revenues2,000 2,000 2,576 576
Excess (Deficiency) of Revenues Over
(Under) Expenditures
2,000 2,000 2,576 576
Other Financing Sources (Uses):
Transfers out-(50,000)(10,000)40,000
Total Other Financing Sources (Uses)-(50,000)(10,000)40,000
Net Change in Fund Balance2,000 (48,000) (7,424) 40,576
Fund Balance, Beginning of Year 197,698 197,698 197,698 -
Fund Balance, End of Year$ 199,698$ 149,698$ 190,274$ 40,576
13
CITY OF TEMECULA, CALIFORNIA
BUDGETARY COMPARISON SCHEDULE
PEG FUND
YEAR ENDED JUNE 30, 2018
Variance with
Final Budget -
Budgeted AmountsActualPositive
OriginalFinalAmounts(Negative)
Revenues:
Taxes297,651$ 245,864$ $ 253,263$ 7,399
Use of money and property 7002,0004,675 2 ,675
Total Revenues298,351247,864257,938 10,074
Expenditures:
General government268,400273,400210,489 62,911
Total Expenditures268,400273,400210,489 62,911
Excess (Deficiency) of Revenues Over
(Under) Expenditures
29,951(25,536)47,449 72,985
Net Change in Fund Balance29,951(25,536)47,449 72,985
Fund Balance, Beginning of Year309,909309,909309,909 -
Fund Balance, End of Year$ 339,860$ 284,373$ 357,358$ 72,985
13
CITY OF TEMECULA, CALIFORNIA
BUDGETARY COMPARISON SCHEDULE
ROAD MAINTENANCE REHAB ACT
YEAR ENDED JUNE 30, 2018
Variance with
Final Budget -
BudActualPositive
geted Amounts
OriginalFinalAmounts(Negative)
Revenues:
Intergovernmental628,942$ 633,191$ $ 511,782$ (121,409)
Use of money and property - - 1,215 1 ,215
Total Revenues 628,942 633,191 512,997 (120,194)
Excess (Deficiency) of Revenues Over
(Under) Expenditures
628,942 633,191 512,997 (120,194)
Net Change in Fund Balance 628,942 633,191 512,997 (120,194)
Fund Balance, Beginning of Year- - - -
Fund Balance, End of Year$ 628,942$ 633,191$ 512,997$ (120,194)
13
CITY OF TEMECULA, CALIFORNIA
BUDGETARY COMPARISON SCHEDULE
CAPITAL OUTLAY
YEAR ENDED JUNE 30, 2018
Variance with
Final Budget -
Budgeted AmountsActualPositive
OriginalFinalAmounts(Negative)
Revenues:
Intergovernmental46,248,092$ 41,256,746$ 18,814,847$ (22,441,899)$
Use of money and property- 157,647- 157,647
Miscellaneous2,857,254 2,857,254175,562 (2,681,692)
Total Revenues49,105,346 44,114,000 19,148,056 (24,965,944)
Expenditures:
Capital outlay100,960,395 95,175,175 35,280,26959,894,906
Total Expenditures100,960,395 95,175,175 35,280,26959,894,906
Excess (Deficiency) of Revenues Over
(Under) Expenditures
(51,855,049)(51,061,175)(16,132,213)34,928,962
Other Financing Sources (Uses):
Transfers in39,791,083 41,001,995 18,609,285 (22,392,710)
Total Other Financing Sources (Uses)39,791,083 41,001,995 18,609,285 (22,392,710)
Net Change in Fund Balance(12,063,966)(10,059,180) 2,477,07212,536,252
Fund Balance, Beginning of Year4,347,364 5,074,151 17,758,93712,684,786
Fund Balance, End of Year$ (7,716,602)$ (4,985,029)$ 20,236,009$ 25,221,038
13
CITY OF TEMECULA, CALIFORNIA
BUDGETARY COMPARISON SCHEDULE
FINANCING LEASE – DEBT SERVICE
YEAR ENDED JUNE 30, 2018
Variance with
Final Budget -
Budgeted AmountsActualPositive
OriginalFinalAmounts(Negative)
Expenditures:
Debt service:
Principal retirement$ 1,389,000$ 1,389,000$ 1,389,000$ -
Interest and fiscal charges 746,231 746,231746,231 -
Total Expenditures 2,135,231 2,135,2312,135,231 -
Excess (Deficiency) of Revenues Over
(Under) Expenditures
(2,135,231)(2,135,231)(2,135,231) -
Other Financing Sources (Uses):
Transfers in 2,135,231 2,135,2312,135,231 -
Total Other Financing Sources (Uses)2,135,231 2,135,2312,135,231 -
Net Change in Fund Balance- - - -
Fund Balance, Beginning of Year- - - -
Fund Balance, End of Year$ -$ -$ -$ -
13
Fiscal Year 201-1
Comprehensive Annual Financial Report
-
13
CITY OF TEMECULA, CALIFORNIA
COMBINING STATEMENT OF NET POSITION
INTERNAL SERVICE FUNDS
JUNE 30, 2018
Governmental Activities - Internal Service Funds
Worker'sInformation
InsuranceCompensationVehiclesSystems
Assets:
Current:
Cash and investments$ 689,744$ 1,395,185$ 2,308,597$ 666,739
Receivables:
Accounts - - - 3,859
Accrued interest2,540 5,217 9,965 9 85
Due from other governments- - - 1 75
Total Current Assets692,2841,400,4022,318,562 671,758
Noncurrent:
Capital assets - net of accumulated depreciation- 269,131- 425,861
Total Noncurrent Assets- 269,131- 425,861
Total Assets$ 692,284$ 1,400,402$ 2,587,693$ 1,097,619
Liabilities:
Current:
Accounts payable$ 60,163$ 147$ -$ 88,816
Accrued liabilities575 13,634 - 22,704
Deposits payable10,000 - - -
Compensated absences850 - - 21,875
Claims and judgments509,568 - - -
Capital leases- - - 150,304
Total Current Liabilities581,156 13,781 -283,699
Noncurrent:
Compensated absences2,551 - - 65,625
Claims and judgments 56,620 - - -
Capital leases- - - 275,557
Total Noncurrent Liabilities59,171- - 341,182
Total Liabilities640,327 13,781 -624,881
Net Position:
Net investment in capital assets- 269,131- -
Unrestricted51,9571,386,6212,318,562 472,738
Total Net Position$ 51,957$ 1,386,621$ 2,587,693$ 472,738
13
CITY OF TEMECULA, CALIFORNIA
COMBINING STATEMENT OF NET POSITION
INTERNAL SERVICE FUNDS
JUNE 30, 2018
Governmental Activities - Internal Service Funds
TechnologySupport
ReplacementServicesFacilitiesTotals
Assets:
Current:
Cash and investments
$ 783,102$ 404,597$ 624,099$ 6,872,063
Receivables:
Accounts
- - 14,355 18,214
Accrued interest
3,122 2,034 2,051 25,914
Due from other governments
-34 25 2 34
Total Current Assets
786,224 406,665 640,5306,916,425
Noncurrent:
Capital assets - net of accumulated depreciation
549,381 97,680 1,342,053-
Total Noncurrent Assets
549,381 97,680 1,342,053-
Total Assets
$ 1,335,605$ 504,345$ 640,530$ 8,258,478
Liabilities:
Current:
Accounts payable$ 86,155$ 27,842$ 96,498$ 359,621
Accrued liabilities
- 2,487 4,106 43,506
Deposits payable
-- - 10,000
Compensated absences
- 1,299 4,719 28,743
Claims and judgments-- 509,568-
Capital leases- 12,813 163,117-
Total Current Liabilities
86,15544,441 105,3231,114,555
Noncurrent:
Compensated absences- 3,897 14,156 86,228
Claims and judgments -- - 56,620
Capital leases
- 11,907 287,464-
Total Noncurrent Liabilities- 15,80414,156 430,312
Total Liabilities86,15560,245 119,4781,544,867
Net Position:
Net investment in capital assets549,381 72,960-891,472
Unrestricted700,069 371,140 521,0525,822,139
$ 1,249,450$ 444,100$ 521,052$ 6,713,611
Total Net Position
13
CITY OF TEMECULA, CALIFORNIA
COMBINING STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN FUND NET POSITION
INTERNAL SERVICE FUNDS
YEAR ENDED JUNE 30, 2018
Governmental Activities - Internal Service Funds
Worker'sInformation
InsuranceCompensationVehiclesSystems
Operating Revenues:
Sales and service charges$ 1,172,356$ 693,485$ 64,205$ 3,088,791
Miscellaneous- - - 1,045
Total Operating Revenues1,172,356 693,485 64,2053,089,836
Operating Expenses:
Administration and general 29,742 250,677 -1,784,093
Depreciation expense- - 81,660 -
Operations and maintenance1,400,391 4 17 -1,382,177
Total Operating Expense1,430,133 251,094 81,6603,166,270
Operating Income (Loss)(257,777) 442,391 (17,455) (76,434)
Nonoperating Revenues (Expenses):
Interest revenue4,538 13,732 24,391 2,924
Interest expense- - - -
Total Nonoperating
Revenues (Expenses)4,538 13,732 24,391 2,924
Income (Loss) Before Transfers(253,239) 456,123 6,936 (73,510)
Transfers in- - 650,000 307,279
Changes in Net Position(253,239) 456,123 656,936 233,769
Net Position:
Beginning of Year 305,196930,4981,930,757238,969
End of Fiscal Year$ 51,957$ 1,386,621$ 2,587,693$ 472,738
1
CITY OF TEMECULA, CALIFORNIA
COMBINING STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN FUND NET POSITION
INTERNAL SERVICE FUNDS
YEAR ENDED JUNE 30, 2018
Governmental Activities - Internal Service Funds
TechnologySupport
ReplacementServicesFacilitiesTotals
Operating Revenues:
Sales and service charges$ 213,933$ 344,267$ 1,251,887$ 6,828,924
Miscellaneous 3,613 - - 4,658
Total Operating Revenues 217,546344,2671,251,8876,833,582
Operating Expenses:
Administration and general 236,240- 742,4163,043,168
Depreciation expense 232,80132,178 346,639-
Operations and maintenance 22,00094,629 491,5213,391,135
Total Operating Expense 254,801363,0471,233,9376,780,942
Operating Income (Loss)(37,255) (18,780) 17,950 52,640
Nonoperating Revenues (Expenses):
Interest revenue 8,236 5,463 5,651 64,935
Interest expense-(9,709) -( 9,709)
Total Nonoperating
Revenues (Expenses) 8,236 (4,246) 5,651 55,226
(29,019) (23,026) 23,601 107,866
Income (Loss) Before Transfers
Transfers in- - 957,279-
Changes in Net Position(29,019) (23,026) 23,6011,065,145
Net Position:
Beginning of Year1,278,469467,126 497,4515,648,466
End of Fiscal Year$ 1,249,450$ 444,100$ 521,052$ 6,713,611
1
CITY OF TEMECULA, CALIFORNIA
COMBINING STATEMENT OF CASH FLOWS
INTERNAL SERVICE FUNDS
YEAR ENDED JUNE 30, 2018
Governmental Activities - Internal Service Funds
Worker'sInformation
InsuranceCompensationVehiclesSystems
Cash Flows from Operating Activities:
Cash received from customers and users$ 1,173,030$ 693,485$ 64,205$ 3,089,254
Cash paid to suppliers for goods and services(1,130,628) (1,320)- (1,310,666)
Cash paid to employees for services(31,011)(237,043)-(1,781,729)
Net Cash Provided (Used) by
Operating Activities 11,391 455,12264,205(3,141)
Cash Flows from Non-Capital
Financin
g Activities:
Cash transfers in from other funds- - 650,000 307,279
Cash due to and due from other funds- - - (350,513)
Net Cash Provided (Used) by
Non-Capital Financing Activities:- - 650,000(43,234)
Cash Flows from Capital and
g Activities:
Related Financin
Acquisition and construction of capital assets- - (26,156) -
Principal paid on capital lease- - - -
Interest paid on capital lease- - - -
Net Cash Provided (Used) by
Capital and Related Financing Activities- - (26,156) -
Cash Flows from Investing Activities:
Interest received3,472 10,67819,828 3 ,087
Net Cash Provided (Used) by
Investing Activities3,472 10,67819,828 3 ,087
Net Increase (Decrease) in Cash
and Cash Equivalents14,863 465,800707,877(43,288)
Cash and Cash Equivalents at Beginning of Year674,881 929,3851,600,720 710,027
Cash and Cash Equivalents at End of Year$ 689,744$ 1,395,185$ 2,308,597$ 666,739
Reconciliation of Operating Income to Net Cash
Provided (Used) by Operating Activities:
Operating income (loss)$ (257,777)$ 442,391$ (17,455)$ (76,434)
Adjustments to reconcile operating income (loss) to
net cash provided (used) by operating activities:
Depreciation- - 81,660 -
(Increase) decrease in accounts receivable674 - - (582)
Increase (decrease) in accounts payable24,687(903)- 52,594
Increase (decrease) in accrued liabilities(1,269) 13,634-
2 ,364
Increase (decrease) in claims and judgments258,123 - - -
Increase (decrease) in compensated absences(13,047) - - 18,917
Total Adjustments269,168 12,73181,660 73,293
Net Cash Provided (Used) by
Operating Activities
$ 11,391$ 455,122$ 64,205$ (3,141)
14
CITY OF TEMECULA, CALIFORNIA
COMBINING STATEMENT OF CASH FLOWS
INTERNAL SERVICE FUNDS
YEAR ENDED JUNE 30, 2018
Governmental Activities - Internal Service Funds
TechnologySupport
ReplacementServicesFacilitiesTotals
Cash Flows from Operating Activities:
Cash received from customers and users$ 217,546$ 344,836$ 1,244,891$ 6,827,247
Cash paid to suppliers for goods and services64,155( 89,577)(481,893)(2,949,929)
Cash paid to employees for services- (237,354)(744,199)(3,031,336)
Net Cash Provided (Used) by
Operating Activities281,701 17,90518,7998 45,982
Cash Flows from Non-Capital
Financing Activities:
Cash transfers in from other funds- - -9 57,279
Cash due to and due from other funds350,513 - --
Net Cash Provided (Used) by
Non-Capital Financing Activities:350,513 - -9 57,279
Cash Flows from Capital and
Related Financing Activities:
Acquisition and construction of capital assets(371,265)( 16,085)-(413,506)
Principal paid on capital lease-( 64,761)-(64,761)
Interest paid on capital lease-(9,709)- (9,709)
Net Cash Provided (Used) by
Capital and Related Financing Activities(371,265)( 90,555)-(487,976)
Cash Flows from Investing Activities:
Interest received6,3584 ,947 4,92953,299
Net Cash Provided (Used) by
Investing Activities6,3584 ,947 4,92953,299
Net Increase (Decrease) in Cash
and Cash Equivalents267,307( 67,703)23,7281,368,584
Cash and Cash Equivalents at Beginning of Year515,795 472,3006 00,3715,503,479
Cash and Cash Equivalents at End of Year$ 783,102$ 404,597$ 624,099$ 6,872,063
Reconciliation of Operating Income to Net Cash
Provided (Used) by Operating Activities:
Operating income (loss)$ (37,255)$ (18,780)$ 17,950$ 52,640
Adjustments to reconcile operating income (loss) to
net cash provided (used) by operating activities:
Depreciation232,801 32,178-3 46,639
(Increase) decrease in accounts receivable- 569 (6,996) (6,335)
Increase (decrease) in accounts payable86,1554 ,65539,6412 06,829
Increase (decrease) in accrued liabilities-(1,114) (1,783)11,832
Increase (decrease) in claims and judgments-- -2 58,123
Increase (decrease) in compensated absences- 397(30,013)(23,746)
Total Adjustments318,956 36,685 8497 93,342
Net Cash Provided (Used) by
Operating Activities
$ 281,701$ 17,905$ 18,799$ 845,982
14
14
Fiscal Year 201-1
Comprehensive Annual Financial Report
14
CITY OF TEMECULA, CALIFORNIA
COMBINING BALANCE SHEET
ALL AGENCY FUNDS
JUNE 30, 2018
Community
Facilities
Districts
Assets:
Pooled cash and investments755,864$
Receivables:
Taxes70,483
Accrued interest38,128
Restricted assets:
Cash and investments with fiscal agents13,740,087
Total Assets$ 14,604,562
Liabilities:
Accounts payable$ 9,021
Accrued liabilities534
Due to bond holders14,595,007
Total Liabilities:$ 14,604,562
14
CITY OF TEMECULA, CALIFORNIA
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
ALL AGENCY FUNDS
YEAR ENDED JUNE 30, 2018
BalanceBalance
Community Facilities DistrictsJuly 1, 2017AdditionsDeductionsJune 30, 2018
Assets:
Pooled cash and investments$ 731,322$ 8,307,518$ 8,282,976$ 755,864
Receivables:
Taxes100,124 4 ,477,707 4 ,507,348 70,483
Accrued interest21,146 45,895 28,913 38,128
Restricted assets:
Cash and investments with fiscal agents12,367,06211,389,55810,016,53313,740,087
Total Assets$ 13,219,654$ 24,220,678$ 22,835,770$ 14,604,562
Liabilities:
Accounts payable$ 10,294$ 8,244,370$ 8,245,643$ 9,021
Accrued liabilities 143 15,041 14,650 534
Due to bond holders13,209,21715,961,26714,575,47714,595,007
Total Liabilities:$ 13,219,654$ 24,220,678$ 22,835,770$ 14,604,562
14
14
Fiscal Year 201-1
Comprehensive Annual Financial Report
-
-
14
Fiscal Year201-1
Comprehensive Annual Financial Report
,/#!4/2 -!0
The City of Temecula is a General Law City located in southwestern California, United States,
with a population of 11,. The City was incorporated on December 1, 1989.
Temecula, known as the Heart of Southern California Wine Country, is conveniently located off
the I-15 freeway, approximately one hour north of San Diego. Temecula's central location
attracts visitors from popular Southern California locales like Palm Springs, Los Angeles,
Anaheim, Irvine, Carlsbad and San Diego.
Fiscal Year 201-1 Comprehensive Annual Financial Report
1
Fiscal Year 201-1
Comprehensive Annual Financial Report
1
Fiscal Year 2017-18
Comprehensive Annual Financial Report
NET POSITION BY COMPONENT
Last Ten Fiscal Years
(accrual basis of accounting)
Source: City of Temecula Finance Department
Fiscal Year 2017-18 Comprehensive Annual Financial Report
15
Fiscal Year 2017-18
Comprehensive Annual Financial Report
NET POSITION BY COMPONENT
Last Ten Fiscal Years
(accrual basis of accounting)
Fiscal Year 2017-18 Comprehensive Annual Financial Report
15
Fiscal Year 2017-18
Comprehensive Annual Financial Report
CHANGES IN NET POSITION
Last Ten Fiscal Years
(accrual basis of accounting)
Source: City of Temecula - Finance Department
15
Fiscal Year 2017-18 Comprehensive Annual Financial Report
Fiscal Year 2017-18
Comprehensive Annual Financial Report
15
Fiscal Year 2017-18 Comprehensive Annual Financial Report
Fiscal Year 2017-18
Comprehensive Annual Financial Report
FUND BALANCES OF GOVERNMENTAL FUNDS
Last Ten Fiscal Years
(modifiedaccrual basis of accounting)
Notes:
(1) Substantial increases or decreases in fund balance components are explained in the Management's Discussion and Analysis (MD&A)
Source: City of Temecula Finance Department
Fiscal Year 2017-18 Comprehensive Annual Financial Report
15
Fiscal Year 2017-18
Comprehensive Annual Financial Report
FUND BALANCESOF GOVERNMENTAL FUNDS
Last Ten Fiscal Years
(modified accrual basis of accounting)
Fiscal Year 2017-18 Comprehensive Annual Financial Report
15
Fiscal Year 2017-18
Comprehensive Annual Financial Report
CHANGES IN FUND BALANCES
OF GOVERNMENTAL FUNDS
Last Ten Fiscal Years(modified accrual basis of accounting)
Fiscal Year 2017-18 Comprehensive Annual Financial Report
15
Fiscal Year 2017-18
Comprehensive Annual Financial Report
FUN
OF GOVERN
Fiscal Year 2017-18 Comprehensive Annual Financial Report
15
Fiscal Year 2017-18
Comprehensive Annual Financial Report
GOVERNMENT-WIDE REVENUES
Last Ten Fiscal Years
Source: City of Temecula Finance Department
Fiscal Year 2017-18 Comprehensive Annual Financial Report
1
Fiscal Year 2017-18
Comprehensive Annual Financial Report
GOVERNMENT-WIDE EXPENSES BY PROGRAM
Last Ten Fiscal Years
Source: City of Temecula Finance Department
Fiscal Year 2017-18 Comprehensive Annual Financial Report
1
Fiscal Year 2017-18
Comprehensive Annual Financial Report
GENERAL GOVERNMENTAL REVENUES
BY SOURCE
Last Ten Fiscal Years
al Financial Report
16
Fiscal Year 2017-18
Comprehensive Annual Financial Report
GENERAL GOVERNMENTAL EXPENDITURES
BY FUNCTION
Last Ten Fiscal Years
Source: City of Temecula Finance Department
Fiscal Year 2017-18 Comprehensive Annual Financial Report
16
16
Fiscal Year 201-1
Comprehensive Annual Financial Report
16
Fiscal Year 2017-18
Comprehensive Annual Financial Report
PRINCIPAL SECURED PROPERTY OWNERS
Last Ten Fiscal Years
Source: City of Temecula Finance Department
Fiscal Year 2017-18 Comprehensive Annual Financial Report
16
Fiscal Year 2017-18
Comprehensive Annual Financial Report
PRINCIPAL SECURED PROPERTY OWNERS
Last Ten Fiscal Years
Fiscal Year 2017-18 Comprehensive Annual Financial Report
16
Fiscal Year 2017-18
Comprehensive Annual Financial Report
PROPERTY TAX RATES
(per $100 assessed valuation)
DIRECT AND OVERLAPPING GOVERNMENTS
Last Ten Fiscal Years
Source: City of Temecula Finance Department
Fiscal Year 2017-18 Comprehensive Annual Financial Report
16
Fiscal Year 2017-18
Comprehensive Annual Financial Report
PROPERTY TAX LEVIES AND COLLECTIONS
Last Ten Fiscal Years
Source: City of Temecula Α Finance Department, HdL Companies, and Riverside County Auditor-Controller
Fiscal Year 2017-18 Comprehensive Annual Financial Report
16
Fiscal Year 2017-18
Comprehensive Annual Financial Report
ASSESSED AND ESTIMATED ACTUAL VALUE
OF TAXABLE PROPERTY
Last Ten Fiscal Years
Source:
Fiscal Year 2017-18 Comprehensive Annual Financial Report
1
Fiscal Year 201-1
Comprehensive Annual Financial Report
1
Fiscal Year 2017-18
Comprehensive Annual Financial Report
COMPUTATION OF DIRECT AND OVERLAPPING
BONDED DEBT
Fiscal Year 2017-18 Comprehensive Annual Financial Report
17
Fiscal Year 2017-18
Comprehensive Annual Financial Report
COMPUTATION OF DIRECT AND OVERLAPPING
BONDED DEBT (continued)
Fiscal Year 2017-18 Comprehensive Annual Financial Report
17
Fiscal Year 2017-18
Comprehensive Annual Financial Report
RATIO OF OUTSTANDING DEBT BY TYPE
Last Ten Fiscal Years
Source: City of Temecula - Finance Department
Fiscal Year 2017-18 Comprehensive Annual Financial Report
17
Fiscal Year 2017-18
Comprehensive Annual Financial Report
RATIO OF GENERAL BONDED DEBT
Last Ten Fiscal Years
Source: City of Temecula Finance Department
Fiscal Year 2017-18 Comprehensive Annual Financial Report
17
Fiscal Year 2017-18
Comprehensive Annual Financial Report
LEGAL DEBT MARGIN
Last Ten Fiscal Years
Source: City of Temecula Finance Department
Fiscal Year 2017-18 Comprehensive Annual Financial Report
17
Fiscal Year 2017-18
Comprehensive Annual Financial Report
LEGAL DEBT MARGIN
Last Ten Fiscal Yea
Source: City of Temecula Finance Department
Fiscal Year 2017-18 Comprehensive Annual Financial Report
17
Fiscal Year 2017-18
Comprehensive Annual Financial Report
PLEDGED REVENUE COVERAGE
Last Ten Fiscal Years
Source: City of Temecula Finance Department
Fiscal Year 2017-18 Comprehensive Annual Financial Report
17
Fiscal Year 201-1
Comprehensive Annual Financial Report
17
Fiscal Year 2017-18
Comprehensive Annual Financial Report
DEMOGRAPHIC AND ECONOMIC STATISTICS
Last Ten CalendarYears
Source: HDL, Coren & Cone
Fiscal Year 2017-18 Comprehensive Annual Financial Report
1
Fiscal Year 2017-18
Comprehensive Annual Financial Report
LARGEST EMPLOYERS BY
NUMBER OF EMPLOYEES
Current Year and Nine Years Ago
Percent of Percent of
Number of Total Number of Total
NAME OF EMPLOYEREmployeesEmploymentEmployeesEmployment
As of June 2009As of June 2018
Temecula Valley Unified School District2,7886.51%3,0505.54%
500
Abbott Laboratories (aka Guidant)3,2297.54%1,5002.72%
PHS Medline (aka Professional Hospital Supply)1,2002.80%9001.63%
000%000%
Temecula Valley Hospital -0.00%8001.45%
Infineon Technologies (aka International Rectifier)5601.31%6721.22%
Walmart -0.00%6001.09%
Milgard Manufacturing2000.47%4500.82%
0.00%0.00%
Costco Wholesale Corporation3350.78%4040.73%
EMD Millipore (aka Chemi Con International)2800.65%3750.68%
000%000%
DCH Auto Group Temecula (aka Norm Reeves Auto)2050.48%3260.59%
000%000%
Channell Commercial Corp.2000.47%3200.58%
FFF Enterprises Inc.1890.44%3030.55%
Macy’s3270.76%2890.52%
Temecula Creek Inn1840.43%2750.50%
The Scotts Company1250.29%2440.44%
Paradise Chevrolet Cadillac -0.00%2320.42%
Temecula Valley Toyota1400.33%2300.42%
Home Depot1320.31%2100.38%
Air Bus DS Communications -0.00%1900.34%
Southwest Traders0.00%0.00%
Lowe’s1350.32%1850.34%
Securitas Security Services USA, Inc. -0.00%1750.32%
City of Temecula1970.46%1720.31%
National Merchants Association -0.00%1560.28%
Pacific Hydraulic Services/MWA -0.00%1550.28%
WinCo Foods -0.00%1540.28%
Gosh Ford Lincoln Mercury (AKA Rancho Ford)1800.42%1530.28%
Target1600.37%1500.27%
BJ's Restaurant -0.00%1500.27%
JC Penney1650.53%1500.16%
Opto 221800.42%1500.27%
Temecula Valley Winery Management -0.00%1500.27%
Rancho California Water District1430.33%1430.26%
Rancho Family Medical Group -0.00%1330.24%
Stater Brothers1750.41%1180.21%
Source: City of Temecula -Finance Department, Temecula Valley Chamber of Commerce
Fiscal Year 2017-18 Comprehensive Annual Financial Report
1
18
Fiscal Year 201-1
Comprehensive Annual Financial Report
18
Fiscal Year 2017-18
Comprehensive Annual Financial Report
OPERATING INDICATORS BY FUNCTION
Last Ten Fiscal Years
Source: City of Temecula Finance Department
Fiscal Year 2017-18 Comprehensive Annual Financial Report
18
Fiscal Year 2017-18
Comprehensive Annual Financial Report
FULL-TIME CITY EMPLOYEES
LastTen Fiscal Years
Fiscal Year 2017-18 Comprehensive Annual Financial Report
18
Fiscal Year 2017-18
Comprehensive Annual Financial Report
CAPITAL ASSET STATISTICS BY FUNCTION
LastTen Fiscal Years
Source: City of Temecula Departments
Fiscal Year 2017-18 Comprehensive Annual Financial Report
18
Fiscal Year 2017-18
Comprehensive Annual Financial Report
COMPARATIVE CITY INFORMATION
ESTIMATED BUDGETED
NUMBER OF GENERAL FUND GENERAL FUND EXPENDITURES
NAME OF CITY YEAREMPLOYEESPOPULATIONREVENUES EXPENDITURES PER CAPITA
TEMECULA2018172113,18178,359,478$ $ 76,055,739$672
2017157111,02469,409,540$ $ 69,139,252$623
2016158109,06469,558,281$ $ 65,986,844$605
2015158108,92065,853,760$ $ 65,418,521$601
2014156*106,28961,977,909$ $ 61,639,375$580
2013160*104,87960,338,110$ $ 60,124,586$573
ESCONDIDO2018955151,478101,109,750$ $102,630,230$678
2017978151,49293,508,000$ $ 93,508,000$617
2016978150,76091,416,000$ $ 92,644,125$615
20151,000147,29489,213,910$ $ 90,468,505$614
20141,116147,10286,278,100$ $ 87,586,765$595
20131,073145,90880,694,915$ $ 81,891,615$561
MORENO VALLEY2018358209,826104,816,445$ $104,746,641$499
2017354206,75092,881,528$ $ 91,165,357$441
2016354201,17591,885,401$ $ 90,909,226$452
2015354202,97689,392,559$ $ 87,509,843$431
2014361199,25879,960,000$ $ 80,840,000$406
2013400198,12977,892,736$ $ 76,868,536$388
HEMET201833983,16651,253,537$ $ 44,885,960$540
201728681,86838,446,697$ $ 38,795,215$474
201629383,03236,792,685$ $ 40,958,937$493
201529182,25335,914,300$ $ 39,298,385$478
201428881,53734,600,000$ $ 39,065,000$479
201326680,87737,374,000$ $ 34,670,000$429
LAKE ELSINORE201813663,36543,532,726$ $ 45,178,560$713
201713062,09240,447,406$ $ 41,526,344$669
201613058,42638,179,983$ $ 41,526,344$711
201513160,02938,126,132$ $ 38,952,583$649
201411156,71835,872,965$ $ 37,675,788$664
20137855,43027,115,197$ $ 29,944,817$540
MURRIETA2018320115,00045,555,562$ $ 42,953,642$374
2017315114,91441,456,896$ $ 41,256,896$359
2016310113,79541,456,896$ $ 39,970,664$351
2015310108,36839,9$ 54,041$ 38,824,448$358
2014312106,42534,775,900$ $ 35,785,826$336
2013340105,83233,927,381$ $ 35,203,150$333
Source: City of Temecula -Finance Department
Fiscal Year 2017-18 Comprehensive Annual Financial Report
18
Fiscal Year 2017-18
Comprehensive Annual Financial Report
MISCELLANEOUS STATISTICS
June 30, 2018
Source: City of Temecula - Finance Department
Fiscal Year 2017-18 Comprehensive Annual Financial Report
18
ITEM NO . 18
ITEM NO . 19
CITY OF TEMECULA
AGENDA REPORT
City Manager/City Council
TO:
Randi Johl, Director of Legislative Affairs/City Clerk
FROM:
February 26, 2019
DATE:
Conduct Annual Joint Meeting Between the City Council and the Public/Traffic
SUBJECT:
Safety Commission
PREPARED BY:Randi Johl, Director of Legislative Affairs/City Clerk
RECOMMENDATION:That the City Council conduct the annual joint meeting between the
City Council and the Public/Traffic Safety Commission.
BACKGROUND:On January 26, 2016 the City Council approved an amendment to
the role and authority of Board and Commission Members, as set forth in the Board and
Commission Handbook, to include annual joint meetings between the City Council and each board
and/or commission. At the annual joint meeting, each board and/or commission will provide a
brief overview of the previous year highlights, anticipated activities for the upcoming year, and
take further direction from the City Council as necessary. The schedule for the 2018 annual joint
meetings is as follows: Planning Commission (February 12, 2019), Old Town Local Review Board
(February 12, 2019), Public Traffic/Safety Commission (February 26, 2019), and Community
Services Commission (March 12, 2019).
FISCAL IMPACT:None
ATTACHMENTS:None
CITY OF TEMECULA
AGENDA REPORT
City Manager/City Council
TO:
Luke Watson, Director of Community Development
FROM:
February 26, 2019
DATE:
Community Development Department Monthly Report
SUBJECT:
PREPARED BY:Lynn Kelly-Lehner, Principal Management Analyst
RECOMMENDATION:Receive and file.
The following are the highlights for the Community Development Department for the month of
January 2019.
CURRENT PLANNING ACTIVITIES
New Cases:In January 2019, Planning received 71new applications. A detailed account of
current planning activities is attached to this report.
Plan TypeJanuary2019
Conditional Use Permit1
Development Plan1
Home Occupations41
Long Range Applications4
Maps1
Massage Permits8
Modifications9
Pre Applications4
Temporary Use Permit4
Zoning or Planning Letter2
Total71
Winchester/Jefferson Hotel (PA17-1315): The City is processing a Development Plan for the
construction of a three-story, over enclosed podium parking, 39,294 square foot hotel. The project
is located behind the existing Rancho Car Wash on the corner of Jefferson Avenue and Winchester
Road at APN 910-282-002 and has 61 rooms with a second story pool/spa and deck area. In
accordance with the Uptown Temecula Specific Plan, aNotice of Intent for approval of the project
has been prepared with project approval on March 11, 2019 should no opposition from the public
be received by staff. (COOPER)
Roripaugh Ranch Park ‘N Ride (PA18-0131): This City is processing a Development Plan for
a 2.20 acre Park ‘N’ Ride and Trail Head that contains parking for 50 vehicles and six horse trailers.
The project also contains picnic tables, benches, horse hitching posts and bike racks located in
Phase II of Roripaugh Ranch on the north side of Nicolas Road approximately 400-feet west of
Butterfield Stage Road. The project has been scheduled for Planning Commission hearing for
February 20, 2019. (COOPER)
Vine Creek Affordable Housing Project: (PA18-0081, PA18-0692):
The City is processing a
Development Plan and Certificate of Historical Appropriateness to allow an all-affordable multi-
family project totaling 60 units. The project is generally located approximately 130 feet north of
the Main Street and Pujol Street intersection. The project is expected to go to public hearing at
Planning Commission on February 20, 2019. (JONES)
Heirloom Farms(PAs 18-0659, 18-0660, 18-0661): The City is processing a Development Plan
to allow for the construction of 325 unit single family community built on 27.86 acres consisting
of detached homes, attached townhomes, and duplexes; a Specific Plan Amendment to the
Harveston Specific Plan for a Residential Overlay within portion of Planning Area 12; and a
General Plan Amendment to amend the underlying General Plan Land Use designations for
Planning Area 12 of the Harveston Specific Plan to a Specific Plan Implementation (SPI) land use.
A community meeting was held on June 19, 2018 and further community outreach will take place
prior to a public hearing. The project is located on the southwest corner of Date Street and Ynez
Road.(COOPER)
Rancho Highlands (PAs 18-0633, 18-0635, 0635): The City is processing a Development Plan
to allow for the construction of a 240 unit multi-family development generally located 775 feet
southeast of Rancho California Road on the north side of Ynez Road; a Specific Plan Amendment
to remove project parcels from the Rancho Highlands Specific Plan; and a Zone Change to bring
the project’sparcels of the Rancho Highlands Development Plan consistent with the General Plan
land use designations of High Density Residential and Professional Office. (COOPER)
LONG RANGE PLANNING
Short Term Rentals Ordinance: Staff has developed a two-phase approach for addressing short-
term rentals(STRs). The first phase involvedsurveys and community meetings to evaluate the
interest and perspective of the community regarding short term rentals. Five community
workshops were held over the summer of 2018. On October 16, 2018, staff presented results of
the community workshops and surveyto the City Council Short Term Rental Subcommittee,
consisting of Council MemberRahn and Mayor Pro TemStewart. The Subcommittee expressed
concerns about negative impacts created within a surrounding neighborhood, the unintended
consequences to the available housing stock and prices, and the effects on thelocal tourism
industry. The findings of the outreach meetings and public meetings was presented at the
November 13, 2018 City Council meeting. The City Council directedstaff to prepare an ordinance
that includes,but is not limited to, requiring a host to be the primary residence of theSTR, noise
regulations andquiet times, fines for code violations, and revokingpermits for repeat violators.
The City Council also directedstaff to prepare a feestudy for the administrative coststo implement
a STR program, including the collection of transient occupancy taxes (TOT)and the cost of
enforcement activities.A workshop regardingSTRs and possible components of the ordinance is
scheduled to go to City Council for discussion in march. The ordinance phase of the project is
anticipated to be completed by in2019. (RABIDOU, WEST, PETERS)
Old Town Parking Study: Staff is working with Fehr and Peers Transportation Consultants to
update the 2010 Old Town Parking Management Plan. The Study will take a detailed look at
existing parking policies, standards, supply and demand within the study area, as well as the effect
that planned future development and recently approved and pending projects for the area will have
on future demand. The study will also identify custom strategies and standards for management
of the studyarea parking supply. Staff is currently reviewing the draft Study. (JONES)
Uptown Temecula Specific Plan: The Uptown Temecula Specific Plan was adopted by the City
Council on November 17, 2015. The Streetscape and Sidewalk Improvement Standards will serve
as a technical companion document to the Uptown Temecula Specific Plan, for City staff to use
when reviewing development proposals and to instruct the developer about the street trees, light
standards, sidewalk material type, and the plant pallet for any landscaping that may be proposed
as part of a development plan. Public workshops were held on July 17 and August 31, 2017. The
proposed Standards, In-Lieu Fee Nexus StudyUpdate, and proposed amendments were reviewed
by the Uptown Temecula Specific Plan Subcommittee, then consisting of Council Members
Comerchero and Edwardson September 26, 2017 and February 20, 2018. The Planning
Commission Subcommittee, consisting of Commissioners Turley-Trejo and Guerrerio, and the
City Council Subcommittee, now consisting of Mayor Naggar and Council Member Rahn, are
scheduled to review the documents in February 2019. This is scheduled forthePlanning
Commission in March 2019 and City Council April 2019.(WEST)
Waves to Wineries: Staff is working with the National Park Service and multiple agencies on the
Waves to Wineries Trail Plan (W2W). The purpose of this plan is to unite Temecula Wine Country
with the Pacific Coast by identifying a network of trails along the Santa Margarita River corridor.
The goals are to identify existing trails, gaps necessary to connect them, and develop and
implement a strategy to fill in the missing links.(PETERS)
SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY (SARDA)
& AFFORDABLE HOUSING
Mission Village Disposition and Development Agreement:The City is currently working
with Affirmed Housing for the negotiation of a Disposition and Development Agreement (DDA)
on the existing Mission Village Affordable Housing Complex. This DDA will result in the
complete rehabilitation of the complex and secure affordable housing covenants on the property
for an additional 55 years. The DDA is scheduled to go to City Council in early 2019.(LEHNER)
Vine Creek Disposition and Development Agreement:The City is currently working with
Pacific West on the negotiation of a DDA for the development of 60 affordable housing units on
City-owned property on Pujol Street.The DDA is scheduled to go to closed session at City Council
on February 12, 2019. (WATSON, LEHNER)
Affordable Housing RFP:In late 2015, the Successor Agency obtained clearance from the
Department of Finance $12.4 million of affordable housing funds. The Supportive Housing
Subcommittee directed staff to issue an RFP to solicit project proposals from interested developers
for the construction of an affordable housing development. The City received twenty proposals
from interested developers. Keyser Marston Associates assisted staff in the review and analysis of
the proposals. The City is currently in negotiations for DDAswith developers for two separate
properties. If these projects move forward, both sites will result in the construction ofover 100
newaffordableunits.
(WATSON, LEHNER)
COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG)
CDBG Administration: The City anticipates receiving approximately $546,925 in funding for
Fiscal Year 2018-19. Two public workshops were held on November 30, 2017. The Finance
Committee, consisting of Mayor Pro Tem Stewart and Council MemberEdwards,provided
funding recommendations on March 6, 2018. The City Council approved funding
recommendations during a public hearing on April 24, 2018. The Comprehensive Annual
Performance Evaluation Report (CAPER) was presented to City Council on September 25, 2018.
The 2019-20 Notice of Funding Availability (NOFA) was released in November 2018. Two
technical workshops were held for applicants on November 29, 2018.Staff will seek funding
recommendations for the 2019-20 program year from the Finance Committee on February 26,
2019.(LEHNER)
ENERGY & CONSERVATION
Solid Waste and Recycling Program: Staff manages the City’s Solid Waste and Recycling
Agreement with CR&R and acts as a liaison between the City, CR&R, and their customers. City
staff and CR&R coordinate two Citywide Clean-up events each year. Staff also assists with
outreach for the Riverside County Mobile Household Hazardous Waste Collection events and the
Composting Workshops. A Riverside County Mobile Household Hazardous Waste Collection
eventwas heldJanuary 26, 2019 and the next Temecula Citywide Clean-Up is scheduled for May
11, 2019at Chaparral High School. (WEST)
BUILDING & SAFETY
Building and Safety statistics for January 2019are highlighted in the following table. Additional
statistics can be found as an attachment to this report.
Building and Safety StatisticsJanuary 2019
Permits235
New Single Family Homes7
New Commercial Building0
Photovoltaic60
Tenant Improvements9
Non Construction C of O29
Number of Active Plan Checks255
Number of Finaled Permits154
Inspections1,561
Inspections Per Day 70.95
Inspections Per Person Per Day 17.73
Stops Per Inspector Per Month571
Visitors to Counter1071
New Construction Projects in Plan Check
Truax Hotel (161,586 sf)
rd
Parking Structure on 3Street (48,907 sf)
Town Square Market Place (two buildings at 43,640 sf each)
Temecula Village 160 unit apartment complex (39 buildings)
Staybridge Suites hotel (90,170 sf)
Generations at Linfield -memory care/assisted living (59 apartments and 32 condos)
Temecula Health Care (25,441 sf to be inspected by City;53,926 to be inspected by
OSHPOD)
iA Robotics (24,659 sf)
Hilton Garden Inn (67,570sf)
Starbucks (1,850 sf)
Mexico Café (13,519 sf)
John Hine Subaru Detail/Wash Building (1,744 sf)
Certificate of Occupancy
Temecula Barber Company –28780Old Town Front Street
Au Savon de Provence–28657 Old Town Front Street
4M Engineering and Development–41635 Enterprise Cirle North
Tenant Improvements
Hele Coffee Roasters –43064 Bleackdeer Loop
DePortola Medical Office –44045 Margarita Road
CODE ENFORCEMENT
During the month of January, Code Enforcement responded to 56web inquiries. In addition, the
division opened 132code cases, conducted 361inspections, and forwarded 44referrals to Public
Works, Police, Animal Control, Riverside County,Records, Business License,and Fire. Detailed
Code Enforcement case activity can be found in the following chart.
January
Type of Code Case
Total
Abandoned or Inoperable Vehicle3
Vacant Home / Property Maintenance / Rodent/ Mold3
Business or Home Occupation w/o license/CUP13
Trash and Debris / Dumping11
Overgrown Vegetation / Weeds / Fire Hazard9
Green Pool / Vector Control1
Graffiti17
Noise/Nuisance/Animal Control26
Trailer / RV Stored/Boat/Parking13
Construction w/o Permit/Building Code5
Encroach Public ROW / Trash Cans18
Zoning/Signs7
Public Safety & Health6
Total Number of Cases132
Foreclosure Tracking:Code Enforcement works with the local real estate community to monitor
foreclosures, defaults and real estate owned properties. The following charts demonstrate the past
six months of activities in Temecula.
Residential Foreclosure Tracking
AugustSeptOctoberNovemberDecemberJanuary
201820182018201820182019
DEFAULT554864585852
FORECLOSED808177737377
REO374344505051
TOTALS172172185181181180
Commercial Foreclosure Tracking
AugustSeptOctoberNovemberDecemberJanuary
201820182018201820182019
DEFAULT333222
FORECLOSED011111
REO533333
TOTALS877666
ATTACHMENTS:1. Current Planning Activity Report
2. Community Development Statistics
3. Community Development Charts
PLANNING ACTIVITY REPORT
Assigned Planner
Approval
Date
APN
PA NumberProject Address Apply Date Applicant Company Owner Plan Type Status
40275 Garrison Dr
PA19-0001 916-680-002 Jaime Cardenas 01/02/2019 01/02/2019 Israel Florence ISRAEL PL Home Approved
Temecula, CA 92591
FLORENCE Occupation
Case Title / Description: DJ Hot Chocolate Entertainment: a home occupation business license for event
disk jockey services.
40820 Winchester Rd
PA19-0003 910-420-030 Jaime Cardenas 01/02/2019 Carlton Jones TEMECULA PL Temporary Plan Review
Temecula, CA 92591
TOWNE Use Permit
CENTER
ASSOC
Case Title / Description: Homestead Steaks TUP: A Temporary Use Permit for Homestead Steaks to
operate a stand at the Temecula Promenade Mall to sell frozen meat from February 1, 2019 until March 2,
2019 from 10:00am to 7:00pm.
45960 Bristlecone Ct
PA19-0005 962-481-052 Jaime Cardenas 01/02/2019 01/02/2019 William Landeros WILLIAM PL Home Approved
Temecula, CA 92592
LANDEROS Occupation
Case Title / Description: On Time Solutions Inc.: a home occupation business license to approve a
telecommunication support service.
31958 Corte Cardoza
JARRETT PL Home
PA19-0014 959-112-011 Dale West 01/04/2019 01/04/2019 Valerie Harbottle Approved
Temecula, CA 92592
AUSTIN Occupation
Case Title / Description: My Girl Friday Services - A Home Occupation Permit for Business Services
31104 Nassau Ct
PA19-0017 953-281-028 Dale West 01/04/2019 01/04/2019 Michael Ryan LORRAINE PL Home Approved
Temecula, CA 92591
STONE Occupation
Case Title / Description: EZPZ Car Wash - Home Occupation Permit for a Mobile Car Wash / Detail
business
45775 Corte Carmello
PL Home
PA19-0018 962-223-011 Dale West 01/04/2019 01/04/2019 Eugenia Vincent William Vincent Approved
Temecula, CA 92592
Occupation
Case Title / Description: Vincent Consulting - Home Occupation Permit to provide collaboration &
coordination with students, parents, and communities in building educational programs
32256 Corte Coronado
954-182-007 Jeffrey Johnson PL Home
PA19-0019 Jaime Cardenas 01/07/2019 01/07/2019 Jeffrey Johnson Approved
Temecula, CA 92592
Occupation
Case Title / Description: Jeff Johnson Painting: a home occupation business license for residential painting
services.
Page 1 of 11
Assigned Planner
Approval
Date
APN
PA NumberProject AddressApply DateApplicantCompanyOwnerPlan TypeStatus
29489 Via Las Colinas , #249
Lorena Summer Breeze PL Home
PA19-0020 944-290-023 Sara Toma 01/07/2019 01/07/2019 Approved
Temecula, CA 92592
Yarbrough Dev Occupation
Case Title / Description: Enviro-Tech Pest Control Inc.: home occupation business license for pest control
services.
31061 Nicolas Road
ISLAMIC
PA19-0021 Eric Jones 01/07/2019 Amjad Omar PL ModificationsOut
Temecula, CA 92591
CENTER OF
TEMECULA
VALLEY
Case Title / Description: ICTV Minor Modification: A Minor Modification to revise the previously approved
phasing schedule for the Islamic Center of Temecula Valley. The project is located at 31061 Nicolas Road.
27574 Commerce Center Dr
PL Massage
PA19-0025 921-400-064 Jaime Cardenas 01/07/2019 Li Qin Huang Jefferson Court Plan Review
Temecula, CA 92590
Permits
Case Title / Description: Ivy Spa MEP: a massage establishment permit renewal for Ivy Spa located at
27574 Commerce Center Drive, Suite 138.
41126 Camino Corto (Change
JACQUES PL Home
PA19-0026 953-030-005 Jaime Cardenas 01/08/2019 01/08/2019 George Brown Jr Approved
Of Address)
AULTMAN Occupation
Temecula, CA 92591
Case Title / Description: The Ribshak: a home occupation business license for BBQ catering services.
41126 Camino Corto (Change
JACQUES PL Home
PA19-0027 953-030-004 Jaime Cardenas 01/08/2019 01/08/2019 George Brown Jr Approved
Of Address)
AULTMAN Occupation
Temecula, CA 92591
Case Title / Description: All About Fire: a home occupation business license for barbecue repair services.
31625 De Portola Rd
PA19-0030 959-080-005 Brandon Rabidou 01/08/2019 01/10/2019 John Bohannon TV Phase One PL ModificationsApproved
Temecula, CA 92592
Case Title / Description: MOB II: A Minor Modification (Planning Review Only) to modify the molding on the
second floor windows for a previously approved office building located at 31625 De Portola Road
31931 Campanula Way
Campanula Way PL Home
PA19-0033 959-390-016 Jaime Cardenas 01/08/2019 Maor Shaya Plan Review
(Change Of Address)
Owner Occupation
Temecula, CA 92592
Case Title / Description: Finish Line Taxi: a home occupation business license for taxi services.
Page 2 of 11
Assigned Planner
Approval
Date
APN
PA NumberProject AddressApply DateApplicantCompanyOwnerPlan TypeStatus
26490 Ynez Rd
OVERLAND PL Massage
PA19-0035 921-810-030 Jaime Cardenas 01/08/2019 Meiyun Dong Plan Review
Temecula, CA 92591
LAND & CATTLE Permits
CO
Case Title / Description: Massage Angel MEP: a massage permit renewal for Massage Angel located at
26490 Ynez Road.
41789 Nicole Ln , B1
921-680-031 Andrew YVONNE PL Conditional
PA19-0041 Eric Jones 01/09/2019 Out
Temecula, CA 92591
Wohlgemuth BEYER Use Permit
Case Title / Description: Zabber Thai Fusion CUP: a conditional use permit to allow for a live entertainment
on Sundays (and Saturdays once a month) from 7:00 p.m. to 10:00 p.m. and an ABC type 47 alcohol license.
39650 Winchester Rd
PA19-0044 920-100-039 Jaime Cardenas 01/10/2019 02/04/2019 Brian Mansell LIPT Approved
PL Modifications
Temecula, CA 92591
WINCHESTER
ROAD INC
Case Title / Description: Donut Bar Patio MOD: a modification application to create an enclosed outdoor
patio and the installation of a new door for "Donut Bar" located at 39650 Winchester Road, Suite D.
41800 Corte Valentine
PA19-0045 954-280-014 Brandon Rabidou 01/10/2019 01/10/2019 Tracey Agopian GARY PL Home Approved
Temecula, CA 92592
ANDERSON Occupation
Case Title / Description: Taylor Maid Home Occupation - Residential and Office Cleaning home occupation
permit at 41800 Corte Valentine
45100 Pechanga Pky
TRI POINTE
PA19-0047 961-450-012 Eric Jones 01/10/2019 Chris Larsen PL ModificationsOut
Temecula, CA 92592
HOMES INC
Case Title / Description: Cypress Ridge Minor Modification (Planning Review Only): A Minor Modification
(Planning Review Only) to allow revisions to the previously approved Cypress Ridge Wall and Fence Plan.
The project is generally located on the northeast corner of Pechanga Parkway and Loma Linda Road.
27309 Jefferson Ave , A102
Charlotte MICHAEL PL Home
PA19-0048 962-492-009 Jaime Cardenas 01/10/2019 01/30/2019 Approved
Temecula, CA 92590
Carpentier FORTANAS Occupation
Case Title / Description: CharKat's Creative Insanity - Zentangle: a home occupation business license
providing personal arts & crafts tutoring services and supply sales.
43164 Barsanti Dr
BENJAMIN PL Home
PA19-0051 959-322-019 Jaime Cardenas 01/10/2019 01/10/2019 Stephen Caudill Approved
Temecula, CA 92592
CATER Occupation
Case Title / Description: SC Design: a home occupation business license for design & consulting services.
Page 3 of 11
Assigned Planner
Approval
Date
APN
PA NumberProject AddressApply DateApplicantCompanyOwnerPlan TypeStatus
30358 Red River Cir
IGOR IGOR PL Home
PA19-0052 921-471-016 Jaime Cardenas 01/10/2019 01/10/2019 Approved
Temecula, CA 92591
BOGATYREV BOGATYREV Occupation
Case Title / Description: Vertur: a home occupation business license for data analytics services.
45407 Bayberry Pl
PA19-0054 961-332-012 Sara Toma 01/11/2019 01/11/2019 Lusine CURTIS PL Home Approved
Temecula, CA 92592
Aurigemma NORTON Occupation
Case Title / Description: Lusine Aurigemma Design and Handyman Services - Home Occupation
41280 Placer Lafite
953-390-002 Rancho
PA19-0057 Jaime Cardenas 01/11/2019 01/22/2019 Justin Davis PL ModificationsApproved
Temecula, CA 92591
California Water
District
Case Title / Description: RCWD Cell Tower MOD: A Modification (Planning Review Only) for the
replacement of six (6) antennas, installation of six (6) RRH's and associated equipment at an existing wireless
telecommunication facility located at 41280 Placer Lafite.
45506 Corte Narbonne
962-112-010 Chris Hageman MUNTHER PL Home
PA19-0060 Jaime Cardenas 01/14/2019 01/22/2019 Approved
Temecula, CA 92592
KUBBA Occupation
Case Title / Description: The Clean Air People, LLC: a home occupation business license for residential
and vehicular vent cleaning services.
32623 Ritter Ct
PA19-0062 962-460-052 Jaime Cardenas 01/14/2019 01/22/2019 Carol Rocha PL Home Approved
Temecula, CA 92592
Occupation
Case Title / Description: Haute Inspirations: a home occupation business license for advertising and
promotional items sales.
32467 Temecula Pky
Chantana ORIGO REAL PL Massage
PA19-0068 960-020-058 Jaime Cardenas 01/14/2019 Plan Review
Temecula, CA 92592
Supachoknirun ESTATE INV Permits
FUND
Case Title / Description: MC Thai Massage: a Massage Establishment Permit application for MC Thai
Massage located at 32467 Temecula Parkway, Suite F 101.
39738 Winchester Rd
LIPT
PA19-0069 920-100-045 Jaime Cardenas 01/15/2019 01/22/2019 Glenn Linthicum PL ModificationsApproved
Temecula, CA 92591
WINCHESTER
ROAD INC
Case Title / Description: Army-Navy Career Center MOD: a modification application for storefront changes
including the removal of railing and gate, one new door entry and a door relocation to accommodate Navy and
Army offices to the existing building located at 39738 Winchester Road.
41101 Promenade
953-200-035 PL Home
PA19-0071 Sara Toma 01/15/2019 01/15/2019 Susan Tyler NEIL TYLER Approved
Chardonnay Hills
Occupation
Temecula, CA 92591
Case Title / Description: Team Tyler Marketing: a home occupation business license for marketing &
website design services.
Page 4 of 11
Assigned Planner
Approval
Date
APN
PA NumberProject AddressApply DateApplicantCompanyOwnerPlan TypeStatus
29770 Stonewood Rd
MICHAEL PL Home
PA19-0078 921-382-030 Scott Cooper 01/16/2019 01/16/2019 Elizabeth Kirylo Approved
Temecula, CA 92591
KIRYLO Occupation
Case Title / Description: Esure Billing & Associates - (Home Occupation) Online Dental Insurance Billing
32615 Favara Dr
959-223-009 01/16/2019 01/16/2019 Thanh Vo PL Home
PA19-0079 Scott Cooper Thanh Vo Approved
Temecula, CA 92592
Occupation
Case Title / Description: Profound Real Estate - (Home Occupation) real estate business
40135 Village Rd
PA19-0080 916-371-020 Eric Jones 01/16/2019 Steve Whyld Alrahaman PL Maps Plan Review
Temecula, CA 92591
Case Title / Description: Village Road Parcel Merger: A Parcel Merger application to merge three existing
parcels into one parcel. The project is located on the southwest corner of Village Road and Landings Road.
40135 Village Rd
PL Development
PA19-0081 916-371-019 Eric Jones 01/16/2019 Steve Whyld Alrahaman Plan Review
Temecula, CA 92591
Plan
Case Title / Description: Village Landing Mixed Use Development Plan: A Development Plan to allow for a
three story, approximately 26,637 square foot building comprising of a congregate care facility, retail, and
restaurant uses. The project is generally located on the corner of Village Road and Landings Road. (Related
Application: PA19-0080, Parcel Merger)
27645 Jefferson Ave , 104B
PL Massage
PA19-0082 921-480-058 Jaime Cardenas 01/16/2019 Qi Rong Liu Jim Robbins Plan Review
Temecula, CA 92590
Permits
Case Title / Description: Lavender Massage MEP: a massage establishment permit renewal for Lavender
Massage located at 27645 Jefferson Avenue, Suite 104B.
27280 Albion Ct
916-680-017 PL Home
PA19-0093 Scott Cooper 01/17/2019 01/17/2019 Mark Vallerga Mark Vallerga Approved
Temecula, CA 92591
Occupation
Case Title / Description: Vallerga Investigations - (Home Occupation) Private Investigations
30513 Sierra Madre Dr
PA19-0096 919-461-048 Scott Cooper 01/17/2019 01/17/2019 Joe Moore Jerry Arteaga PL ModificationsApproved
Temecula, CA 92591
Case Title / Description: Arteaga Patio Enclosure MOD: A Modification (Planning Review Only) for an
approximately 252 square foot rear patio enclosure located at 30513 Sierra Madre Dr.
31088 Lahontan St
PAULA PL Home
PA19-0098 918-350-030 Brandon Rabidou 01/17/2019 02/01/2019 Jeffrey Schubert Approved
Temecula, CA 92592
SCHUBERT Occupation
Case Title / Description: Jeffrey Schubert Headlight Cleaning Home Occupation - A Home Occupation
permit for Headlight Restoration business located 31088 La Hontan Street
Page 5 of 11
Assigned Planner
Approval
Date
APN
PA NumberProject AddressApply DateApplicantCompanyOwnerPlan TypeStatus
44793 Camino Alamosa
PL Home
PA19-0099 960-282-006 Brandon Rabidou 01/18/2019 01/18/2019 Nicole Kassal Richard Marruffo Approved
(Change Of Address)
Occupation
Temecula, CA 92592
Case Title / Description: Home Occupation Kassal Painting - A Home Occupation permit for a painting
contractor located at 44793 Camino Alamosa
32740 Tulley Ranch Rd
PL Home
PA19-0101 960-093-024 Dale West 01/18/2019 01/18/2019 Jason Molek MARY ELLIS Approved
Temecula, CA 92592
Occupation
Case Title / Description: NerdPower: Home Occupation Permit for Electric Consulting
41750 Winchester Rd
PA19-0103 909-270-016 Jaime Cardenas 01/18/2019 02/04/2019 Scott Scharpen 780 DB PL Zoning or Completed
Temecula, CA 92590
BOULEVARD Planning Letter
Case Title / Description: Go Mobile for Life: a Zoning Letter for land use verification for a mobile clinic
located at 41950 Winchester Road, Suite O (APN 909-270-016).
44564 Pechanga Pky
Temecula Creek
PA19-0106 961-440-013 Brandon Rabidou 01/18/2019 01/23/2019 Virginia Becker PL ModificationsApproved
Temecula, CA 92592
RV Storage
Case Title / Description: Sprint Pechanga MOD: A Modification (Planning Review Only) to an existing Sprint
site that will remove six (6) existing panel antennas and three (3) RRU's, and replace them with six (6) new
antennas, and six (6) new remote radio units, located at 44564 Pechanga Parkway
41537 Chenin Blanc St
ANTHONY PL Home
PA19-0109 953-083-016 Brandon Rabidou 01/18/2019 01/18/2019 Emilie Marzett Approved
Temecula, CA 92591
MARZETT Occupation
Case Title / Description: Hundred Dollar Cookie Home Occupation - A Home Occupation permit for a
home based Bakery (Cookies and More) at 41537 Chenin Blanc Ct
31281 Hiawatha Ct
918-330-005 PL Home
PA19-0110Brandon Rabidou 01/18/2019 01/18/2019 Chad LaShelle Chad LaShelle Approved
Temecula, CA 92592
Occupation
Case Title / Description: Home Occupation LaShelle Vending & Catering - Vending & Catering (Event)
home occupation business located 31281 Hiawatha Ct
31239 Taylor Ln
PA19-0112961-451-093 Jaime Cardenas 01/22/2019 01/22/2019 Edwin Gaa TEMECULA PL Home Approved
Temecula, CA 92592
CREEK Occupation
VILLAGE
CONDO
OWNERS ASSN
Case Title / Description: Book and Digit Solutions (Tax Services Bookkeeping): a home occupation
business license for tax preparation services and bookkeeping.
Page 6 of 11
Assigned Planner
Approval
Date
APN
PA NumberProject AddressApply DateApplicantCompanyOwnerPlan TypeStatus
31173 Strawberry Tree Ln
CONTINENTAL PL Home
PA19-0121 961-457-045 Jaime Cardenas 01/22/2019 01/22/2019 Marcus Burton Approved
Temecula, CA 92592
RESIDENTIAL Occupation
INC
Case Title / Description: Marvelous Clothing: a home occupation business license for online sales of men &
womens clothing and accessories.
28120 Jefferson Ave
921-060-032 JEAN PL Massage
PA19-0123 Jaime Cardenas 01/22/2019 Ping He Plan Review
Temecula, CA 92590
DOMENIGONI Permits
Case Title / Description: Spa Rejuv MEP: a massage establishment permit for Spa Rejuv located at 28180
Jefferson Avenue, Suite 201.
33079 Puffin St
PA19-0127 962-430-013 Jaime Cardenas 01/22/2019 01/22/2019 Mike Ramaha MIKE RAMAHA PL Home Approved
Temecula, CA 92592
Occupation
Case Title / Description: ATM Dash: a home occupation business license for ATM machine installations.
29037 Bridgehampton Rd
ROBERT PL Home
PA19-0129 916-340-025 Eric Jones 01/22/2019 01/28/2019 Jennifer Emery Approved
Temecula, CA 92591
HAMEL Occupation
Case Title / Description: Prime Tech Services LLC - BUSINESS SERVICES (Home Occupation): Electronic
support services.
42072 5Th St
922-035-037 PL Temporary
PA19-0130 Scott Cooper 01/23/2019 Cole Brewer MICHAEL BECK Plan Review
Temecula, CA 92590
Use Permit
Case Title / Description: All Valley Parking Old Town Valet TUP: A Temporary Use Permit for All Valley
Parking to operate a valet parking business in Old Town. Patrons will drop off their cars at The Gambling
Cowboy and the cars will be parked at Old Town Tire & Service. The business will operate on Friday from
5:00 p.m. to 11:00 p.m., Saturday from 4:00 p.m. to 11:00 p.m. and Sunday from 4:00 p.m. to 9:00 p.m. from
February 5, 2019 until Februrary 5, 2020. (Previous TUP under PA17-1654)
39140 Rising Hill Dr
920-072-005 PL Home
PA19-0133 Jaime Cardenas 01/23/2019 01/23/2019 Brian Bugaj BRIAN BUGAJ Approved
Temecula, CA 92591
Occupation
Case Title / Description: Team Mech Killers: a home occupation business license for web based retail sales
of board games.
28165 Jefferson Ave , C
PA19-0136 921-060-016 Jaime Cardenas 01/23/2019 Qian Song PL Massage Plan Review
Temecula, CA 92590
Permits
Case Title / Description: Luxury Asian Spa MEP: a massage establishment permit for Luxury Asian
Massage located at 28165 Jefferson Avenue, Suite C.
Page 7 of 11
Assigned Planner
Approval
Date
APN
PA NumberProject AddressApply DateApplicantCompanyOwnerPlan TypeStatus
44280 Campanula Way
Generations HC PL Temporary
PA19-0140 959-090-011 Eric Jones 01/24/2019 Thomas Jurbala Plan Review
Temecula, CA 92592
LLC Use Permit
Case Title / Description: Temecula Healthcare Grand Opening: A Minor Temporary Use Permit to allow for
a grand opening at Temecula Healthcare on February 19, 2019 from 10 AM-11 AM at 44280 Campanula Way
30575 Via Norte (Change Of
962-330-036 PL Home
PA19-0142 Scott Cooper 01/24/2019 01/24/2019 Cindy Sipe DAVID PINGREE Approved
Address)
Occupation
Temecula, CA 92591
Case Title / Description: Ping Industries, LLC - (Home Occupation) Hair stylist - Amber Pingree
40910 Temecula Center Dr
916-400-025 01/24/2019 Gus Briones JONES PL Temporary
PA19-0144 Scott Cooper Plan Review
Temecula, CA 92591
TEMECULA
Use Permit
REAL PROP
Case Title / Description: Mercedes TUP: A Temporary Use Permit to operate car inventory storage lot at
40910 Temecula Center Drive.
27711 Diaz Rd
PA19-0149 921-030-002 Jaime Cardenas 01/25/2019 Pete Gardiner RBI TEMECULA PL ModificationsPlan Review
Temecula, CA 92590
PROP
Case Title / Description: Temecula Speed Marine MOD: a modification application (Planning Review Only)
for a new drought tolerant landscaping design for the property located at 27711 Diaz Road.
45355 Tesiben Ct
PL Home
PA19-0151 918-362-057 Sara Toma 01/25/2019 Voytek Swiderski Andrew Race Plan Review
Temecula, CA 92592
Occupation
Case Title / Description: You and I Photography LLC - (Home Occupation) Photography / Editing
27393 Ynez Rd
PA19-0154 921-260-018 Jaime Cardenas 01/25/2019 Carol Campbell Heritage PL Massage Plan Review
Temecula, CA 92591
Partners Permits
Case Title / Description: Fusion Therapeutic Massage - Renewal Permit located at 27393 Ynez Rd. Suite
252.
30600 Del Rey Rd
Andrew PL Home
PA19-0155 920-080-004 Jaime Cardenas 01/28/2019 01/28/2019 Curtis Pace Approved
Temecula, CA 92591
Brasington Occupation
Case Title / Description: Signature Built, Inc.: a home occupation busness license for general contracting
services.
32823 Fermo Ct
PL Home
PA19-0156 955-421-001 Jaime Cardenas 01/28/2019 01/28/2019 Brian Jensen Brian Jensen Approved
Temecula, CA 92592
Occupation
Case Title / Description: Congruent Digital: a home occupation business license for digital marketing
services.
Page 8 of 11
Assigned Planner
Approval
Date
APN
PA NumberProject AddressApply DateApplicantCompanyOwnerPlan TypeStatus
40188 Village Rd , Apt 623
CAPE MAY PL Home
PA19-0157 916-560-001 Jaime Cardenas 01/28/2019 Valerie Carlson Plan Review
Temecula, CA 92591
TEMECULA Occupation
APARTMENTS
Case Title / Description: Valerie Carlson's Housecleaning: a home occupation business license for
housecleaning services.
43413 Messina St (Change Of
921-480-033 Sophie STEVE PL Home
PA19-0159 Jaime Cardenas 01/28/2019 01/28/2019 Approved
Address)
Malahieude PELLETIER Occupation
Temecula, CA 92592
Case Title / Description: Sophie Malahieude: a home occupation business license for personal yoga
sessions.
29500 Mira Loma Dr
Vintage View PL Zoning or
PA19-0161 944-060-005 Jaime Cardenas 01/29/2019 02/05/2019 Naomi Ngoka Completed
Temecula, CA 92592
Development Planning Letter
Case Title / Description: Vintage View Apartments ZL: a zoning verification letter for Vintage View
Apartments located at 29500 Mira Loma Drive (APN 944-060-005 and 944-060-010).
30315 Via Canada (Change
PA19-0165 945-040-009 Jaime Cardenas 01/29/2019 02/05/2019 Joni Preston Lance Adair PL Home Approved
Of Address)
Occupation
Temecula, CA 92592
Case Title / Description: Kidkeeper Solutions Inc: a home occupation business license for child care
management application sales.
27725 Jefferson Ave , 106
921-400-031 JEFFERSON PL Massage
PA19-0170 Jaime Cardenas 01/30/2019 John Collier Plan Review
Temecula, CA 92590
CAPITAL Permits
Case Title / Description: Blue Water Massage MEP: a massage establishment permit renewal for Blue
Water Massage located at 27725 Jefferson Avenue, Suite 106.
46232 Pinon Pine Way
PA19-0173 962-560-004 Jaime Cardenas 01/30/2019 01/30/2019 Lindsay Warren THUY NGUYEN PL Home Approved
Temecula, CA 92592
Occupation
Case Title / Description: Twenty-Three LM LLC: a home occupation business license home for online sales
of home goods.
39791 Cambridge Pl
KYLE PL Home
PA19-0175 916-340-032 Jaime Cardenas 01/30/2019 01/30/2019 Gina Colonna Approved
Temecula, CA 92591
COLONNA Occupation
Case Title / Description: The Fit Office: a home occupation business license for personal fitness and
exercise services.
43275 Corte Almeria
955-351-012 PL Home
PA19-0176 Jaime Cardenas 01/30/2019 01/30/2019 Gina Caceres Alberto Garcia Approved
Temecula, CA 92592
Occupation
Case Title / Description: Gina Caceres House Cleaning Services: a home occupation business license for
janitorial and house keeping services.
Page 9 of 11
Assigned Planner
Approval
Date
APN
PA NumberProject AddressApply DateApplicantCompanyOwnerPlan TypeStatus
41200 Rolling Hills Dr
Best Coffee Time Best Coffee PL Home
PA19-0184 Jaime Cardenas 01/31/2019 Void
Aguanga, CA 92536
LLC Time LLC Occupation
Case Title / Description: Best Coffee Time LLC
43355 Corte Benitez
PA19-0189 955-352-022 Jaime Cardenas 01/31/2019 01/31/2019 Jennifer Long BENJAMIN PL Home Approved
Temecula, CA 92592
LONG Occupation
Case Title / Description: Belle Lueur Spray Tans: a home occupation business license for mobile spray tan
services.
31130 Humbolt Ct
PL Home
PA19-0193 957-221-008 Jaime Cardenas 01/31/2019 01/31/2019 Ricky Knack Ricky Knack Approved
Temecula, CA 92591
Occupation
Case Title / Description: 11 11 RE Investments LLC: a home occupation business license for real restate
investments.
44881 Trotsdale Dr
961-031-006 Full Potential Full Potential PL Home
PA19-0194 Jaime Cardenas 01/31/2019 Plan Review
Temecula, CA 92592
Speech Therapy Speech Therapy
Occupation
Inc Inc
Case Title / Description: Full Potential Speech Therapy Inc
31300 Rancho Community
PREAPP19-0959-070-018 Jaime Cardenas 01/03/2019 Tom Hanna RANCHO PL Plan Review
Way
007COMMUNITY Pre-Application
Temecula, CA 92592
REFORMED
CHURCH
Case Title / Description: AT&T Rancho Community Church Pre-app: A pre-application for a wireless
telecommunication facility located at Rancho Community Church 31300 Rancho Community Way
43110 Meadows Pky
PREAPP19-0PL
Jaime Cardenas 01/03/2019 Victor Flores City of Temecula Plan Review
Temecula, CA 92592
011 Pre-Application
Case Title / Description: Meadows Park Wireless Facility Pre-App: a pre-application to review a proposed
"mono-eucalyptus" wireless antenna facility with 12 antenna, 36 RRUs (remote radio units) and related
equipment within the faux tree tower and an equipment storage building.
39830 Cantrell Rd
PREAPP19-0PL
957-130-022 Eric Jones 01/17/2019 01/31/2019 Yonasan Abrams Gregg Hughes Completed
Temecula, CA 92591
097Pre-Application
Case Title / Description: Chabad of Temecula Pre-app: A pre-application meeting to explore a prospective
synagogue, pre-school and personal residence located at 39830 Cantrell Road
27731 Diaz Rd
PREAPP19-0921-030-001 01/18/2019 01/31/2019 Baker Morphy DIAZ RE PL
Eric Jones Completed
Temecula, CA 92590
100HOLDINGS Pre-Application
Case Title / Description: Diaz Road Industrial Building: A pre-application for a 63,150 square foot industrial
building at 27731 Diaz Road
Page 10 of 11
Assigned Planner
Approval
Date
APN
PA NumberProject AddressApply DateApplicantCompanyOwnerPlan TypeStatus
29920 Temecula Parkway
PREAPP19-0Mirshafiee Mirshafiee PL
922-170-035 Eric Jones 01/31/2019 Plan Review
Temecula, CA
178Behrooz Behrooz Pre-Application
Case Title / Description: Gateway Panera Bread Pre-Application: A Pre-Application to review a proposed
Panera Bread Development Plan within the recently completed Gateway project. The project is located at
29950 Temecula Parkway.
27901 Jefferson Ave
PREAPP19-0921-050-003 PL
Jaime Cardenas 01/31/2019 Burley Wright Dan Henderson Plan Review
Temecula, CA 92590
180Pre-Application
Case Title / Description: Hendos Brewing & Spirits Pre-App: A pre-application for a proposed 13,000
square foot addition that will include a new brewery and distillery for the building located at 27901 Jefferson
Ave
Page 11 of 11
ITEM NO . 20
ITEM NO . 21
CITY OF TEMECULA
AGENDA REPORT
City Manager/City Council
TO:
Jodie Gray, Fire Chief
FROM:
February26,2019
DATE:
Fire Department Monthly Report
SUBJECT:
PREPARED BY:Wendy Miller, Administrative Assistant
RECOMMENDATION:That the City Council receive and file the Fire Department Monthly
Report.
CITY OF TEMECULA
AGENDA REPORT
City Manager/City Council
TO:
Lisa McConnell, Chief of Police
FROM:
February26,2019
DATE:
Police Department Monthly Report(January)
SUBJECT:
PREPARED BY:James Rayls,Lieutenant
RECOMMENDATION:Receive and file.
The following report reflects the activity of the Temecula Police Department for the month of
January 2019.
PATROL SERVICES
Overall calls for police service7,039
“Priority One” calls for service63
Average response time for “Priority One” calls6.37
VOLUNTEERS
Volunteer administrationhours89
Special Events hours32
Community Action Patrol (CAP) hours480
Reserve officer hours (patrol)32
Training/Meeting hours66
Total Volunteer hours798
CRIME PREVENTION
Crime prevention workshops/Neighborhood watch meetings conducted0/0
Safety presentations/Training2/2
Special events0/0
Residential/Business security surveys conducted0/0
Businesses visited8
Residences/Businesses visited for past crime follow-up0/0
StationTour1
Planning Review Projects/Temp Outdoor Use Permits5/3
Sq.Footageof GraffitiRemoved2094
TOWN STOREFRONT
Total customers served271
Sets of fingerprints taken52
Police reports filed64
Citations signed off20
Total receipts$3,141
SPECIAL TEAMS (POP / SET)
On sight felony arrests22
On sight misdemeanor arrests48
Felony arrest warrants served10
Misdemeanor arrest warrants served52
Follow-up investigations9
Parole/Probation Searches 22
Pedestrian Checks51
Traffic Stops/VehicleChecks153
Crime Free Housing Checks 52
TRAFFIC
Citations issued for hazardous violations606
Grant funded D.U.I. / Traffic safety checkpoints1
Grant funded traffic click it or ticket0
D.U.I. Arrests25
Non-hazardous citations687
Stop Light Abuse/Intersection Program (S.L.A.P.) citations128
Neighborhood Enforcement Team (N.E.T.) citations0
Parking citations154
School Zone0
Seatbelts11
Cell Phone Cites150
Injury collisions31
INVESTIGATIONS
Beginning Caseload236
Total Cases Assigned 35
Total Cases Closed 9
Search Warrants Served 6
Arrests5
Out ofCustodyFilings7
PROMENADE MALL TEAM
Calls for service349
Felony arrest/filings7
Misdemeanor arrest/filings56
Traffic Citations8
Fingerprints/Livescans260
Total receipts$11,099
SCHOOL RESOURCE OFFICERS
Felony arrests1
Misdemeanor arrests5
Reports8
Youth counseled226
Meetings107
ITEM NO . 22
CITY OF TEMECULA
AGENDA REPORT
City Manager/City Council
TO:
Patrick Thomas, Director of Public Works/City Engineer
FROM:
February 26,2019
DATE:
Public WorksDepartmentMonthlyReport
SUBJECT:
RECOMMENDATION:Receive and file the Public Works Department Monthly Reportfor
Capital Improvement Projects, Maintenance Projects, and Land Development Projects.
This report may also be viewed on the City’s website at:
http://temeculaca.gov/270/Capital-Improvement-Projects-CIP
City of Temecula
DEPARTMENT OF PUBLIC WORKS
PROJECT STATUS REPORT
February 26, 2019
CAPITAL IMPROVEMENT PROJECTS
CIRCULATION PROJECTS
Butterfield Stage Road Extension Phase III, PW15-11
Description:WideningofButterfieldStageRoadfromLaSerenaWaytoRanchoCaliforniaRoad,whichincludes
wideningofRanchoCaliforniaRoadtofourlanesthroughtheintersectionofButterfieldStageRoad
(RiversideCountyisapartneronthismajorcirculationproject).
Cost:$6,253,500
Status:Construction contract was awarded in December 2018. Construction is expected to begin in February
2019.
French Valley Parkway / Interstate 15 Improvements-Phase II, PW16-01
Description:Design and construction of the two lane northbound collector/distributer road system beginning north of the
Winchester Road interchange on-ramps and ending just north of the Interstate 15/Interstate 215 junction
with connection to Interstate 15 and Interstate 215.
Cost:$84,931,401
Status:Currently in design. Work continueson the environmental re-evaluation. California Transportation
Commission(CTC)has approvedreprogramming State Transportation Improvement Program (STIP)
Funds.
Interstate-15 / State Route 79 South Ultimate Interchange, PW04-08
DescriptionConstruction of ramp system that will improve access to Interstate 15 from Temecula Parkway / State Route
79 South.
Cost:$51,959,957
Status:Construction is essentially complete. Minor electrical, signage, and landscaping/irrigation work is on-going
and will be completed soon. Additional projectdetailsare available on the project website:
www.1579South.info
1
City of Temecula
DEPARTMENT OF PUBLIC WORKS
PROJECT STATUS REPORT
February 26, 2019
CIRCULATION PROJECTS(Continued)
Murrieta Creek Bridge at Overland Drive, PW16-05
Description:Design and construction of a new bridge crossing over Murrieta Creek between Rancho California Road
and Winchester Road.
Cost:$11,784,550
Status:The City applied and was approved to receive Federal Highway Bridge Program (HBP) funds. Request for
Authorization of Preliminary Engineering submitted to Caltrans on March 14, 2018. Design consultant has
been selected through the RFP process. Design services anticipated to begin in March 2019.
Pavement Rehabilitation Program –Enterprise Circle West and South, Rider and Commerce
Center Drive, PW18-12
Description:Rehabilitation of Enterprise Circle West and South from Winchester Road to Commerce Center Drive, Rider
and Commerce Center Drive from Enterprise Circle West to Via Montezuma.
Cost:To be determined
Status:Anticipate to request to solicit bids on the February 26, 2019 City Council meeting.
Pavement Rehabilitation Program –Meadowview Loop, including Del Rey Road, Via Norte, Calle
Pina Colada, and Avenida Barca, PW18-10
Description:Rehabilitation of Meadowview Loop, including Del Rey Road, Via Norte, Calle Pina Colada (between Via Norte and
North General Kearney), and Avenida Barca (between Del Rey and Margarita Road).
Cost:$1,921,593.75
Status:Project to advertise for bid in late February. Construction start anticipated in May 2019
2
City of Temecula
DEPARTMENT OF PUBLIC WORKS
PROJECT STATUS REPORT
February 26, 2019
CIRCULATION PROJECTS(Continued)
Pavement Rehabilitation Program –Ynez Road (Winchester to Date), Equity Drive
and County Center Drive Loop, and Winchester Road (Nicolas to Easterly City
Limits) PW18-01
Description:Rehabilitation of Ynez Road from Winchester Road to Date Street, Equity Drive and County Center Drive
loop, and Winchester Road from Nicolas Road to easterly City Limits.
Cost:To be determined
Status:Currently on hold awaiting completion of Rancho California Water District (RCWD) and developer
improvements.
Pechanga Parkway Widening, PW15-14
Description:Widening of Pechanga Parkway between Via Gilberto and North Casino Drive.
Cost:$5,000,000
Status:Construction contract was awarded in December 2018. Construction is expected to begin in February
2019.
Traffic Signal and Park & Ride Access Improvements, PW18-11
Description:Installation of a traffic signal on Temecula Parkway at Wabash Lane. The project also includes relocating
the access of the Park and Ride facility on Temecula Parkway at La Paz Road from Vallejo Avenue to
Wabash Lane.
Cost:$952,230.00
Status:Project is in design.
3
City of Temecula
DEPARTMENT OF PUBLIC WORKS
PROJECT STATUS REPORT
February 26, 2019
CIRCULATION PROJECTS(Continued)
Citywide Concrete Repairs FY 2017-18, PW18-07
Description:remove and replace curb & gutter, sidewalk, access ramps, driveways, cross gutters, and under sidewalk
drains at over 200 locations.
Cost:$315,000
Status:City Council approved the Specification and authorized bidding at the 02/12/2019 meeting. The project is
being advertised for construction bids. Bid opening is scheduled for 03/13/2019.
4
City of Temecula
DEPARTMENT OF PUBLIC WORKS
PROJECT STATUS REPORT
February 26, 2019
INFRASTRUCTURE PROJECTS
Americans with Disabilities Act (ADA) Transition Plan Implementation, PW18-16
Description:The American with Disabilities Act (ADA) Transition Plan Implementation will utilize the recently completed
Transition Plan and implementits recommendations based on the established priorities. The
implementation will include improvements to public facilities, programs, and public right of ways to
modify/remove identified barriers over a fiscally constrained framework. FY18-19 will focuson the
Community Recreation Center (CRC).
Cost:$323,660
Status:Initiating planning and design.
Citywide Streetlight Acquisition and Light Emitting Diode (LED) Retrofit, PW17-18
Description:Phase I of this project is to purchase the Southern California Edison (SCE) owned streetlights within the
City’s boundary, including the light poles, mast arms, and light fixtures. Phase II of this project includes
retrofitting the purchased lights with a Light Emitting Diode (LED) lighting system.
Cost:$8,172,144
Status:Agreements with SCE have been executed and the Application for Filing with the California Public Utilities
Commission (CPUC) was completed. The City received CPUC approvalfor the acquisition. City is working
with Southern California Edison to complete the acquisition.
Interstate 15 Branding and Visioning –Conceptual Landscape Corridor Plan,
PW17-19
Description:Landscape beautification of the Interstate 15 corridor between French Valley Parkway and Temecula
Parkway, including each interchange, in association with Visit Temecula Valleyand the Pechanga Tribe.
Cost:$3,887,550
Status:Initiating planning and design. Approval ofa design agreement is scheduled for the 02/26/2019 city Council
meeting.
5
City of Temecula
DEPARTMENT OF PUBLIC WORKS
PROJECT STATUS REPORT
February 26, 2019
INFRASTRUCTURE PROJECTS (Continued)
Library Parking –Phase II, PW13-09
Description:Design and construction of an expansion of the current on-site parking facility.
Cost:$2,872,969
Status:Project is being advertised for construction bids.Bid opening is scheduled on 02/26/2019
Margarita Recreation Center, PW17-21
Description:Construction of a new recreation center in Margarita Community Park in place of the former YMCA building.
Includes demolition of the existing building and pool, and construction of a new building, as determined by
a feasibility study. Phase II includes the design and construction of an expansion of the current on-site
parking facility.
Cost:$4,882,963
Status:Design consultant selection for preparation of concept plans and bridging documents is complete.
Anticipate professional services contract to be awarded at 2/26/2019 CityCouncil Meeting.
Old Town Parking Structure, PW17-15
Description:Design and eventual construction of a new parkingfacilityin Old Town. The Old Town Parking Management
Plan will outline a number of parking strategies best suited to serveOld Town Temecula.
Cost:$1,000,000
Status:Parking study is being updated.
6
City of Temecula
DEPARTMENT OF PUBLIC WORKS
PROJECT STATUS REPORT
February 26, 2019
INFRASTRUCTURE PROJECTS (Continued)
Santa Gertrudis Creek Pedestrian/Bicycle Trail Extension and Interconnect,
PW08-04
Description:Design, environmental document, and construction of the extension of the existing trail from Ynez Road to
the Murrieta Creek Trail. The extension includes access and under-crossing at Ynez Road, Interstate 15
and Jefferson Avenue and a continuous paved trail along Santa Gertrudis Creek toconnect to Murrieta
Creek trail.
Cost:$4,891,353
Status:Design is being finalized and the environmental document has been initiated. The California Transportation
Commission (CTC) has approved $3,759,000 State SB1 Alternative Transportation Program (ATP)
Augmentation funds for this project. Currently processing application for Caltrans Streamlined Oversite
and Encroachment Permit/Plan Check with Riverside County Flood Control (RCFC). Anticipate design to
be completed in June of 2019.
Sidewalks –Citywide (Third Street), PW17-24
Description:Curb and sidewalk improvements on the north side of Third Street, between Old Town Front Street and
Mercedes Street and the west side of Mercedes Street from Third Street for approximately 150’ to the north.
Portion adjacent to the proposed parking structure for the hotel will be completed by private developer.
Cost:To be determined
Status:Design is almostcomplete. Project cannot be constructed until the Truax Hotel parking structure is under
construction due the change in street grade.
Sidewalks –Old Town Boardwalk Enhancement, PW17-16
Description:Replaceboardwalk plank boards with colored concrete sidewalk.
Cost:$700,000
Status:At the 12/12/2017 meeting, the City Council approved the plans and specifications and authorized staff to
bid the project for construction. Public bids were opened on 06/26/2018.At the 08/14/2018 City Council
meeting all bids were rejected and authorization to re-advertise for public bids was received.Project is to
be advertised for bids. Project is anticipated to be bid in February 2919.
7
City of Temecula
DEPARTMENT OF PUBLIC WORKS
PROJECT STATUS REPORT
February 26, 2019
INFRASTRUCTURE PROJECTS (Continued)
Sidewalks -Old Town Improvement Project, PW17-04
Description:This project is on the east side of Mercedes Street from Sam Hicks Park to Fourth Street. This project will
provide walking surfaces for pedestrians.
Cost:$477,577
Status:Construction is anticipated to be complete in February2019.
Sidewalks -Sixth Street Improvements, PW17-05
Description:This project includes adding new sidewalks on the north side of Sixth Street between Mercedes Street and
Mary Phillips SeniorCenter.
Cost:$150,595
Status:Construction is anticipated to be complete in February2019.
Sidewalks –Citywide (YnezRoad, Rancho Highland to Tierra Vista), PW17-28
Description:New sidewalks on the west side of Ynez Road from Rancho Highlands to Tierra Vista.
Cost:$198,920.00
Status:Project currently in design.
Temecula Park and Ride, PW06-09
Description:Design and construction of a park and ride facility atTemecula Parkway and La Paz Street.
Cost:$2,764,093
Status:Construction is Complete. Project is in the 90-days plant establishment period.
8
City of Temecula
DEPARTMENT OF PUBLIC WORKS
PROJECT STATUS REPORT
February 26, 2019
INFRASTRUCTURE PROJECTS (Continued)
Teen Village, PW17-23
Description:Design and construct 6,820 square foot central building at the Community Recreation Center in Ronald
Reagan Sports Park.
Cost:$8,667,930
Status:Initiating planning and design.
Bike Lane and Trail Program –Bike Pump Track, PW 18-04
Description:Bicycle Pump Track at Ronald Reagan Sports Track.
Cost:$300,000.00
Status:Project currently in design. Kickoff meeting held on September 7, 2018. Concept plan submitted to the
City on October 22, 2018. Anticipate design to be completed in early 2019 with construction to begin in
Summer 2019.
9
City of Temecula
DEPARTMENT OF PUBLIC WORKS
PROJECT STATUS REPORT
February 26, 2019
PARKS AND RECREATION PROJECTS
Community Recreation Center (CRC) Pool Site Enhancements and Renovations,
PW18-02
Description:Removal and replacement of pool decking, pool re-plaster, and installation of an enhanced lighting system
with energy efficient LED fixtures.
Cost:$1,538,880
Status:The City Council approved an agreement for design at the 08/28/2018 meeting.Public bids wereopened
on December 11, 2018.City Council awarded the contract at the 01/08/2019 meeting. Construction started
January 23, 2019 and is planned to be completed by May 15, 2019.
Flood Control Channel Reconstruction and Repair, PW11-10
Description:This project repairs and reinforces the earth and berms between Pala Park and Temecula Creek and
fortifies the banks to prevent further erosion into the park site.
Cost:$1,280,284
Status:Design is complete. Preparation of the environmental document is underway. Construction anticipated in
summer/fall 2019.
Public Restroom Renovations, PW17-06
Description:Renovation of various park restroom facilities, including Ronald Reagan Skate Park, Patricia H. Birdsall
Sports Park, Paloma Del Sol Park, Temeku Hills Park, and Harveston Lake Park.
Cost:$347,800
Status:Initiating planning and design.
10
City of Temecula
DEPARTMENT OF PUBLIC WORKS
PROJECT STATUS REPORT
February 26, 2019
PARKS AND RECREATION PROJECTS (Continued)
Ronald Reagan Sports Park Restroom Expansion and Renovation, PW18-03
Description:Design and construction of the restroom building expansion, including adding stalls and urinals. It also
includesrenovating the snack bar, enlarging the storage case; andthe renovation of the north/south
baseball restroom and snack bar building by installing a new roof, cabinets, fixtures, and other building
improvements.
Cost:$725,000
Status:Initiating planning and design.
Sam Hicks Monument Park Playground Enhancement, PW12-20
Description:Design and construct a new innovative play area to replace the existing equipment.
Cost:$648,888
Status:Currently on hold.
11
City of Temecula
DEPARTMENT OF PUBLIC WORKS
PROJECT STATUS REPORT
February 26, 2019
LAND DEVELOPMENT OVERSIGHT PROJECTS
76 and Circle K Fueling Facility
Description:Grading plan to allow for the construction of an approximately 5,712 square foot convenience store and
automotive service station Temecula Parkway and Pechanga Parkway.
Status:Permit issued August 30, 2018. Ongoing review and inspections ofproject by the Land Development
division.
Cypress Ridge (Pechanga Parkway and Loma Linda Road)
Description:Grading plan to allow for the final map and construction of a 245 unit multi-family development.
Status:Permit issued October 16, 2018.Ongoing review and inspections of project by the Land Development
division.
Hilton Garden Inn
Description:Grading plan to allow for the constructionofan approximately 66,991 square foot, three-story, 104 room
Hilton Garden Inn Hotel with underground parking and additional off-site parking located approximately
north of Rancho California Road on the east side of Jefferson Avenue.
Status:Ongoing review and inspections of project by the Land Development division.
Margarita and De Portola Road
Description:Grading Plan to allow for the construction of a two-story 18,621 square foot office building.
Status:Ongoing review and inspections of project bythe Land Development division.
Mexico Cafe
Description:Grading plan and Street Improvement Plan to allow for the construction of an approximately 13,375 square
foot Mexico Café restaurant south of the Temecula Parkway and Pechanga Parkway intersection.
Status:Permit issued September 13, 2018. Ongoing review and inspections of project by the Land Development
division.
12
City of Temecula
DEPARTMENT OF PUBLIC WORKS
PROJECT STATUS REPORT
February 26, 2019
LAND DEVELOPMENT OVERSIGHT PROJECTS (Continued)
Old Town (Fourth Street and Front Street)
Description:Grading Plan to allow for the construction of a three-story shell building on the northeast corner of Old Town
Front Street and Fourth Street.
Status:Ongoing review and inspections of project by the Land Development division.
Old Town (Sixth Street and Front Street)
Description:Chaparral South –grading plan to add 6,657 square feet to an existing two story retail/office commercial
structure located at 28475 Old Town Front Street.
Status:Permit issued January 28, 2019. Ongoing review and inspections of project by the Land Development
division.
Raising Cane’s
Description:Grading Plan to allow for the construction of an approximately 3,935 square foot Raising Cane's drive-thru
restaurant located at 40390 Margarita Road.
Status:Permit issued October 23, 2018. Ongoing review and inspections of project by the Land Development
division.
Sommers Bend (formerly Roripaugh Ranch)
Description:Land Development oversight of the following submittals in plan check: Final Map reviews, Community
Sports Park Improvement Plan, North and South Loop Roads –Rough Grading Plan; Street Improvement
Plan; Storm Drain Improvement Plan; Street Light Plan; Signing & Striping Plan.
Status:Permit issued September 27, 2018. Ongoing review and inspections of project by the Land Development
division.
13
City of Temecula
DEPARTMENT OF PUBLIC WORKS
PROJECT STATUS REPORT
February 26, 2019
LAND DEVELOPMENT OVERSIGHT PROJECTS (Continued)
Starbucks
Description:Grading plan to allow for the construction of an approximately 1,850 square foot drive-thru Starbucks
located in the Palomar Village Shopping Center at 30690 Rancho California Road.
Status:Ongoing review and inspections of project by the Land Development division.
Staybridge Suites
Description:Grading plan to allowfor an approximately 90,832 square foot, 4-story, 125-roomStaybridgeSuites hotel
located at 27500 Jefferson Avenue.
Status:Ongoing review and inspections of project by the Land Development division.
Temecula Marketplace
Description:Grading Plan and Street and Storm Drain Improvements Plan to allow for the Old Town Main Street
Marketplace; submitted July 2018.
Status:Ongoing review and inspections of project by the Land Development division.
14