HomeMy WebLinkAbout4.17 FinalFinRept FY99-00SUBJECT:
CITY CLERK FILE 310-30
AGENDA STATEMENT
CITY COUNCIL MEETING DATE: (December 19, 2000)
Final Financial Report For Fiscal Year 1999/2000 and
Annual Audit Report
Report Prepared by: Carole Perry, Administrative Services Director
and Fred Marsh, Finance Manager
EXHIBITS ATTACHED:
RECOMMENDATION: 1.
Comprehensive Annual Financial Report,
dated June 30, 2000
Financial Report (Final), June 30, 2000
Independent Auditor's Report On Compliance With The
Proposition 111 2000-01 Appropriations Limit Increment.
Receive the Reports
Confirm the designations of Fund Balances for
Recycling Programs and Authorized Expenditures
for Fiscal Year 1999-2000.
FINANCIAL STATEMENT:
See Staff Report.
DESCRIPTION: The City of Dublin has compiled and published its Comprehensive Annual
Financial Report (CAFR), Attachment 1, for the fiscal year ending June 30, 2000. This report includes
financial statements prepared by Vavrinek, Trine, Day, & Co. (VTD), the independent auditors selected by
the City Council. This is the fifth year in which VTD has conducted the audit.
The financial section of the report includes an unqualified opinion issued by VTD. The Audit was also
reviewed on December 12, 2000 by the City Council Ad Hoc Audit Subcommittee. The Committee met
with the auditors to review the information and discuss the report. Overall, the Auditors found no matters
involving the City's internal controls over its financial reporting and operations that were considered to be
a material weakness requiring disclosure in a management letter.
The transmittal letter, contained on pages viii - xiii of the CAFR, provides a good overview of the
financial activities of the City. This letter focuses on significant trends as well as major changes
associated with the General Fund. The General Fund represents the largest portion of the City's revenues
and expenditures and therefore is of primary importance in evaluating the City's fiscal condition. The
statistical section in the CAFR (Attachment 2 pages 76-89) includes graphs of relevant historical data.
The Visual presentation can be helpful in identifying trends and/or the timing of key changes which have
impacted the City's financial condition.
In the past, the City has submitted its Annual Financial Report to State and National organizations, which
review it for conformance with desired reporting standards. For the past ten years, the City has received
COPIES TO:
GAAUDITXFY 99-00\cafrXagenda statement for final audit report.doc
Kevin Pulliam, VTD
Gail Smith, VTD
ITEM NO.
awards from both organizations,. and the format of this report is intended to continue to qualify the City
for this recognition. These organizations typically do not announce the results until later in the year.
The monthly in-house Financial Report for June 30, 2000 is submitted in its "final" form. (Attachment 2)
This report reflects various adjustments required in closing the books and preparing the CAFR. All
budgetary modifications have been previously adopted by the City Council. The remainder of this report
will highlight areas of significance in the current report.
Detailed Presentation of General Fund Budget To Actual Variances
Pages 37 and 38 of Attachment 1 contain a line by line comparison of the adopted budget estimate of
General Fund Revenues for Fiscal Year 1999-2000 and the final year end result. Comparative information
is also provided for General Fund Expenditures by activity on pages 39 and 40. This detail supports the
general highlights discussed below regarding the year end results in the General Fund. The total change in
the General Fund Balance was an increase of $7.8 million. A combination of increased revenues,
expenditure savings and delays in capital projects affected the change in Fund Balance.
Significant General Fund Revenue Variances
In Fiscal Year 1999/2000 the actual revenues in the General Fund exceeded the budget estimate by $4.1
million. The following revenues contributed significantly to the final outcome:
Current Secured Property. Tax ($482,000 over budgeted vroiection)
The assessed valuation of all residential and non residential properties located within the City
limits increased by $419 million over the prior Fiscal Year, due to the large number of new
residential and non residential properties added to the tax roll for the first time in Fiscal Year
1999/2000, as well as a significant increase in property values within the area.
Sales Taxes ($2.4 million over budgeted l~roiection)
As reported throughout the fiscal year, the local economy had another positive surge in retail sales.
The increase was affected primarily by continued strong sales in the Autos and Transportation and
General Consumer Categories. Part of this was a result of the opening of two new auto dealers and
several large retail stores at the new Hacienda Crossings Shopping Center during the period. In
addition, a business that contributes significant sales tax revenue did not leave the City during the
sales tax reporting period as originally anticipated..
Building Permit Revenue ($808,000 over budgeted vroiection)
The activity related to both residential and commercial construction occurred at a faster pace than
was originally anticipated, primarily due to the large demand in the area for additional residential
units and office buildings. The valuation of the additions and improvements covered by these new
building permits was originally estimated at $222 million for Fiscal Year 1999/2000, but the final
valuation for the Fiscal Year was approximately $287 million. Due to the nature of this revenue the
expenses for inspections may actually be recognized in a future year. For example, a Building
Permit may be obtained in May or June, with the majority of the inspection costs incun'ed in the
following year.
Investment Income and Interest ($127,000 over budgeted Droiection)
Interest earnings were higher than originally anticipated as additional funds were made available
for investment due to the expenditure savings and delays in Capital Projects noted below, and
higher than anticipated revenues in the General Fund, as discussed in this section of the report. In
addition, the rate of retum on the City's investments was higher than originally estimated in the
budget for Fiscal Year 1999/2000.
Zonin~ and Subdivision Fees ($236,000 over budgeted proiection)
This revenue category exceeded its adopted budget due to additional fees generated ~:om the
_.increase in both residential and commercial construction noted above. These fees typically have
corresponding expenditures related to Staff and/or consultant time associated with project
processing, and resulted in additional expenditures for the Planning division, as noted below.
Significant General Fund Operating Expenditure Variances
The City's General Fund "operating expenses" were approximately $701,000 less than the amount
budgeted. The following breakdown examines major areas of savings by Program:
General Government ($315,000 under budgeted proiection)
Factors which contributed to budget savings in this division included a.) staffing vacancies in the
Administrative Services division and b.) lower than anticipated expenditures for legal expenses
and building replacement internal service charges (since the Council agreed to fund the prior year
un~mded charges for building replacement).
Public Safety ($41,000 under budgeted projection)
The budget savings in this category resulted primarily from reduced expenditures for animal
control field services, as a lower than anticipated percentage of the animal shelter total costs
(based upon each member's usage) was allocated to the City of Dublin. Fire service costs .were
lower due to lower than expected worker compensation costs related to retired employees formerly
employed by DRFA.
Culture and Leisure ($242,000 under budgeted projection)
The budget savings in this category resulted primarily from a) lower than expected utility and
contract maintenance expenditures in the Park Maintenance activity b) lower than expected
participation in the Adult Sports Recreation Instruction and Community Gym Programs, thereby
reducing the expenditures made for contract instructors and/or excursions for these programs and
e) a delay in the opening of the Dublin Swim Center due to the renovation.
Communi~. Development ($61,000 under budgeted proiection)
The budget savings in this category occurred primarily in Economic Development which incurred
lower than expected costs for the redevelopment feasibility study and advertising.
General Fund Capital Project Expenditure Variances
The City also expended less in Capital Expenditures than originally budgeted. This variance primarily
represents a timing difference in the completion of these projects, several of which have been carried over
to Fiscal Year 2000/2001. Other budget adjustments may be needed during the current Fiscal Year when
these projects are completed. In addition, expenditures for the Downtown Flood Hazard Study, both
completed during Fiscal Year 1999/2000, were lower than anticipated.
Project Name
Development Services Data Processing
Data Processing System Upgrade
Communications System Upgrade
Telecommunications Plan.
Fire Apparatus
Civic Center Roof Replacement
Automated Document Storage and
Retrieval System
Downtown Improvements Plan
Heritage Center Storage Building
Dublin Elementary Sports Field
Swim Center Improvements
Undergrounding Utilities
Alamo Canal Bike Path
Dublin Swim Center Exterior Painting
I580 / San Ramon Road Interchange
Improvements
Other General Fund Capital Projects
Total
General Fund Unspent
Capital Projects Budget
for Fiscal Year 1999/2000
$27,908
$6,780
$17,893
$32,619
$65,543
$78,150
$16,727
$44,650
$78,210
$18,415
$34,498
$597,920
$70,676
$80,743
$12,404
$46,670
$1,229,806
DESIGNATIONS OF FUND BALANCES
A. For Recycling Programs - Measure D Recycling Fund
During the last four Fiscal Years the City has received Mitigation Funds from County Waste Management
Authority (WMA), which were to be utilized solely for Recycling Programs. All of these funds have been
accounted for in the Measure D Recycling Fund. As of June 30, 2000 the City will have $93,056
available to carryover to Fiscal Year 2000/01. These funds have been shown as a separate restricted fund
balance, in order to segregate them from the remainder of the Measure D Funds, as they will be a source
of funding for enhanced recycling programs. The City Council is requested to confirm this designation, as
part of accepting this report.
B. For Authorized Expenditures
This designation is established to allow the City Council to carryover any unused funds as of June 30,
2000 to fund future year operations and projects for each of those funds with a positive fund balance. The
City Council is requested to confirm this designation, as part of accepting this report for all funds with a
positive fund balance as of June 30, 2000.
MANAGEMENT LETTER
The Auditors explained to Staff and the Subcommittee that they noted no material weaknesses in the
City's financial reporting and operating system during the performance of their audit for Fiscal Year 1999-
2000. The attached Management Letter addresses two new accounting pronouncements that may impact
the City in future years. ,
COMPLIANCE REPORT FOR THE 2000/01 APPROPRIATIONS LIMIT CALCULATION
As part of their engagement, the Auditors are required to review compliance with laws related to the
calculation of the annual Appropriations Limit. As required by State Law, the City Council annually
adopts an Appropriations Limit in conjunction with the annual Budget. Attachment 3 contains the
Auditor's report related to this item. Although this does not represent a formal audit, the report states that
there was nothing found to indicate that the calculation was not in conformante with the required laws.
CONCLUSION
Staff recommends that the City Council receive and file the reports and confirm the designation of Fund
Balances as presented. In the event that there are specific questions, the members of the City Council
Subcommittee or Staff will be available.
CITY OF DUBLIN'S
FINANCIAL STATEMENTS
FOR
THE FISCAL YEAR ENDED 6/30/2000
(Final Report)
Prepared by
The Finance Department
November 29, 2000
ATTACHMENT
~/./q ~ ~ I~'
GENERAL
REVENUE
FUNDS
CITY OF DUBLIN
BALANCE SHEET
FOR THE
PERIOD ENDING 30Jun2000
SPECIAL SPECIAL CAPITAL TRUST/
REVENUE ASSESSMENT IMPROVEMENT AGENCY
FUNDS FUNDS FUND FUND
TOTALS
---MEMORANDUM ONLY---
CURRENT PRIOR
ASSETS
CASH
CASH WITH FISCAL AGENT
AMOUNT HELD IN ESCROW
(21.610.298)
INVESTMENTS AT COST
RECEIVABLES: TAXES
ACCOUNTS (NE
INTEREST
ASSESSMENTS
49.227,117
1,678,014
718.499
DUE FROM OTHERS
INVENTORY AT COST
PREPAID ITEMS
FIXED ASSETS
AMOUNT TO BE PROVIDED
TOTAL ASSETS
60,543
i3,144
30,087.019
LIAL/FND BAL/RETND ERNGS
DEPOSITS FOR PRIVATE DEVEL
DEPOSITS FOR AB1600 FEES
DEPOSITS OTHERS
PAYABLES: ACCOUNTS
INTEREST
PAYROLL
DUE TO OTHERS
DEFERRED REVENUE
DEBT INSTRUMENTS PAYABLE
TOTAL LIABILITIES
FUND BALANCES
TOTAL FUND E
(663.000)
(9.494)
(354.683)
(3,374,528)
(446.756)
(177,077)
(149,497)
(5,175,034)
(24,911,984)
24,911,984)
TOTAL LIAB. FND BAL. RETD (30,087,019)
2,220.245
685,324
667
2,906,236
(856.176)
(56.400)
(912.576)
(1.993.660)
(1.993,660)
(2,906,236)
341,813
2,519
344,331
(36,955)
(36,955)
(307,377)
(307,377)
(344,331)
17,481,036 168.857 (1,398,347)
157.925 157.925
4,267,787 4.267.787
21.748,823
(20,618,007)
(683,737)
(4,143)
21,305.887)
(442.936)
(442,936)
21,748.823)
49,227,117
2.365,857
718,499
1,745,500
2:072.282
61,210
13,144
1.745,500
57,158,692
(663,000)
(20,627,501)
(354,683)
(4,951.395)
(446.756)
(233.477)
(153.640)
(1.863,000) (1,863.000)
(1.863.000) (29,293.453)
(209.282) (27,865.239)
(209.282) (27,865.239)
(2.072.282) (57.158,692)
(8.211,129)
149,763
34.556.969
1.399.589
502.727
212.897
7.027
1.860,500
30,478.344
(498.812).
(4,882,178)
(468,866)
(2,895,909)
(309,574)
(150,963)
(155,346)
(1,978,000)
(11.339,647)
(19.138,697)
(19.138,697)
(30,478.344)
INTERNAL
SERVICE
FUNDS
ENTERPRISE
FUNDS
CITY OF DUBLIN
BALANCE SHEET
FOR THE
PERIOD ENDING 30Oun2000
FIXED ASSETS GENERAL LONG
GROUP OF TERM DEBT
ACCOUNTS ACCOUNT GROUP
TOTALS
- - -MEMORANDUM- - ~
CURRENT PRIOR
ASSETS
CASH
CASH WITH FISCAL AGENT
.AMOUNT HELD IN ESCROW
2.384,683
INVESTMENTS AT COST
RECEIVABLES: TAXES
ACCOUNTS (NE
INTEREST
ASSESSMENTS
DUE FROM OTHERS
INVENTORY AT COST
PREPAID ITEMS
FIXED ASSETS
AMOUNT TO BE PROVIDED
TOTAL ASSETS
21,105,766
23,490,449
LIAL/FND BAL/RETND ERNGS
DEPOSITS FOR PRIVATE DEVEL
DEPOSITS FOR AB1600 FEES
DEPOSITS OTHERS
PAYABLES: ACCOUNTS (6,353)
INTEREST
PAYROLL
DUE TO OTHERS
DEFERRED REVENUE
DEBT INSTRUMENTS PAYABLE
TOTAL LIABILITIES (6,353)
FUND BALANCES (23,484,096)
TOTAL FUND E (23,484,096)
8,626,020
48,653,563
8,626,020 48,653,563
(8,626,020)
(8,626,020)
(48,653,563)
(48,653,563)
2,384,683 1,023,507
29,731,786 25,880,948
48,653,563 29,519,398
80,770,032 56,423,853
(6,353) (20,806)
(48,653,563) (29,519,398)
(48,659,916) (29,540,205)
(32,110,116) (26,883,649)
(32,110,116) (26,883,649)
TOTAL LIAB. FND BAL. RETD (23,490,449) (8,626,020) (48,653,563) (80,770.032) (56,423,853)
THE'CITY OF DUBLIN STATEMENT SHOWING
REVENUES VERSUS EXPENDITURES
FOR THE PERIOD
07/01/1999 THROUGH 06/30/2000
GENERAL REVENUE FUND
CURRENT CURRENT PRIOR PRIOR
BUDGET ACTUAL VARIANCE FISCAL YEAR Y.T.D.
VARIANCE
*******REVENUES*******
PROPERTY TAXES 5
SALES TAX 9
REAL PROPERTY TRANSFER TAX
HOTEL TRANSIENT OCCUPANCY TAX
FRANCHISE TAXES
LICENSES & PERMITS 3
FINES & FORFEITURES
USE/MONEY & PROP-INTEREST 1
USE/MONEY & PROP-RENTALS
INTERGOVERNMENTAL FROM STATE 1
INTERGOVERNMENTAL FROM COUNTY
CHARGES FOR SERVICES 3
OTHER SOURCES OF REVENUE 1
TOTAL REVENUE 26
,346,600.00 5,991,813.80 (645,213.80) 4,866,093.29
,200,000.00 11,548,901.00 (2,348,901.00) 8,687,090.90
297,000.00 370,945.99 (73,945.99) 282,732.72
580,000.00 808,688.14 (228,688.14) 389,663.83
872,400.00 963,069.84 (90,669.84) 849,959.28
,041,520.00 3,897,965.22 (856,445.22) 2,472,217.26
57,200.00 84,542.77 (27,342.77) 60,875.88
,128,154.00 1,254,906.26 (126,752.26) 1,262,400.02
95,060~00 85,831.12 9,228.88 90,539.48
,437,181.15 1,629,846.86 (192,665.71) 1,356,234.32
2,699.00 2,594.33 104.67
,073,844.00 3,308,263.42 (234,419.42) 3,482,982.60
,412,427.50 726,524.45 685,903.05 250,889.12
,544,085.65 30,673,893.20 (4,129,807.55) 24,051,678.70
4,866,093.29
8,687 090.90
282 732.72
389 663.83
849 959.28
2,472 217.26
60 875.88
1,262 400.02
90 539.48
1,356 234.32
3,482,982.60
250,889.12
24,051,678.70
*******EXPENDITURES*******
GENERAL GOVERNMENT ACTIVITIES:
CITY COUNCIL 152,305.00
CITY MANAGER 376,735.00
CENTRAL SERVICES 222,712.00
CITY ATTORNEY 370,140.00
ADMIN SERVICES 723,174.00
BUILDING MANAGEMENT 550,831.00
FACILITY RENTAL
INSURANCE COST CENTER 169,062.00
ELECTIONS COST CENTER 940.00
NON-DEPARTMENTAL 24,300.00
ACTIVITY TOTAL 2,590,199.00
PUBLIC SAFETY
POLICE 5,106,217.00
CROSSING GUARDS 54,760.00
ANIMAL CONTROL 118,735.00
DISASTER PREPAREDNESS 37,095.00
FIRE SERVICES 4,209,712.00
ACTIVITY TOTAL 9,526,519.00
TRANSPORTATION
PUBLIC WORKS 411,653.00
STREET MAINTENANCE 11,988.00
STREET SWEEPING 98,580.00
STREET TREE MAINTENANCE 46,320.00
STREET LANDSCAPING MAINTENAN 286,817.00
ACTIVITY TOTAL 855,358.00
HEALTH & WELFARE
144,214.76 8,090.24 145,936.01
368,092.08 8,642.92 331,437."26
202,489.29 20,222.71
301,446.94 68,693~06 310,557.97
606,030.20 117,143.80 687,654.23
482,483.30 68,347.70 531,817.85
114.00 (114.00) 1,614,407.09
169,061.86 .14 125,621.86
904.34 35.66 6,335.24
77.83 24,222.17 377.71
2,274,914~60 315,284.40 3,754,145.22
5,106,215.64 1.36 4,505,598.49
47,608.15 7,151.85 51,696.91
107,720.18 11,014.82 104,136.76
37,094.46 .54 35,021.96
4,186,527.66 23,184.34 4,109,003.33
9,485,166.09 41,352.91 8,805,457.45
406,083.23 5,569.77 389,594.78
11,513.70 474.30 112,085.18
82,440.23 16,139.77
40,288.40 6,031.60 49,394.83
286,816.64 .36 225,854.52
827,142.20 28,215.80 776,929.31
145,936.01
331,437.26
310,557.97
687,654.23
531,817.85
1,614,407.09
125,621.86
6,335.24
377.71
3,754,145.22
4,505,598.49
51,696.91
104,136.76
35,021.96
4,109,003.33
8,805,457.45
389,594.78
112,085.18
49,394.83
225,854.52
776,929.31
THE CITY OF DUBLIN STATEMENT SHOWING
REVENUES VERSUS EXPENDITURES
FOR THE PERIOD
07/01/1999 THROUGH 06/30/2000
GENERAL REVENUE FUND
CURRENT CURRENT PRIOR PRIOR
BUDGET ACTUAL VARIANCE FISCAL YEAR Y.T.D.
VARIANCE
WASTE MANAGEMENT
CHILD CARE
ACTIVITY TOTAL
CULTURE & LEISURE SERVICES
LIBPJ~RY S~RVICES
CULTUPJ~L ACTIVITIES
HERITAGE CENTER
DUBLIN CEMETERY
PARK MAINTENANCE
COMMUNITY TV
RECREATION ADMIN
PLAYGROUNDS
SHANNON CENTER
PRESCHOOL
TEENS PROGRAM
ADULT SPORTS
YOUTH SPORTS
COMMUNITY GYM
SPECIAL EVENTS
SENIOR CENTER
RECREATION INSTRUCTION
AQUATICS
PARKS/FACILITIES MANAGEMENT
ACTIVITY TOTAL
COMMUNITY DEVELOPMENT
PLANNING
BUILDING SAFETY
ENGINEERING
ECONOMIC DEVELOPMENT
ACTIVITY TOTAL
CAPITAL IMPROVEMENT PROJECTS
GENERAL CIP PROJECTS
COMMUNITY IMPROVEMENTS
PARKS
STREET CONSTRC/IMPROVEMENTS
ACTIVITY TOTAL
TOTAL EXPENDITURES
EXCESS REVENUE (EXPENDITURES)
TRANSFERS IN FROM OTHER FUNDS
TRANSFERS OUT FROM OTHER FUNDS
7,360.00
12,000.00
19,360.00
342,994.00
55,285.00
56,072.00
30,226.00
757,818.00
71,886.00
280,456.00
145,318.00
201,388.00
48,586.00
83,391.00
75,330.00
62,015.00
37,360.00
240,908.00
119,730.50
114,863.00
256,508.00
89,915.00
3,070,049.50
1,292,358.00
1,105,134.00
1,467,522.00
312,338.00
4,177,352.00
1,557,107.00
311,439.00
946,670.00
792,954.00
3,608,170.00
23,847,007.50
2,697,078.15
(345.00)
7,085.81
12,000.00
19,085.81
342,557.00
53,367.37
56,071.79
30,225.33
633,590.64
66,950.70
269,725.81
145,380.76
195,927.57
47,479.90
75,134.57
63,823.38
67,900.31
28,795.78
218,i02.49
115,715.37
102,256.75
228,879.72
85,735.46
2,827,620.70
1,252,774.61
1,144,717.07
1,462,847.69
255,690.44
4,116,029.81
1,297,739.34
23~,272.83
722,642.96
111,551.69
2,366,206.82
21,916,166.03
8,757,727.17
17,869.13
(931,640.50)
274.19 4,968.90 4,968.90
12,000.00 12,000.00
274.19 16,968.90 16,968.90
437.00 255,689.00 255,689.00
1,917.63 20,000.00 20,000.00
.21 43,003.52 43,003.52
.67 15,010.17 15,010.17
124,227.36 533,104.94 533,104.94
4,935.30 58,046.52 58,046.52
10,730.19 264,381.74 264,381.74
(62.76) 137,577.04 137,577.04
5,460.43 164,547.25 164,547.25
1,106.10 49,314.09 49,314.09
8,256.43 44,993.27 44,993.27
11,506.62 60,291.18 60,291.18
(5,885.31) 63,730.01 63,730.01
8,564.22
22,805.51 105,169.65 105,169.65
4,015.13 99,728.89 99,728.89
12,606.25 115,19t.14 115,191.14
27,628.28 218,801.73 218,801.73
4,179.54
242,428.80 2,248,580.14 2,248,580.14
39,583.39 1,010,015.03 1,010,015.03
(39,583.07) 795,024.53 795,024.53
4,674.31 1,685,599.49 1,685,599.49
56,647.56 115,762.34 115,762.34
61,322.19 3,606,401.39 3,606,401.39
259,'367.66 252,012.63 252,012.63
77,166.17 63,272.48 63,272.48
.224,027.04 1,110,303.64 1,110,303.64
681,402.31 353,570.03 353,570.03
1,241,963.18 1,779,158.78 1,779,158.78
1,930,841.47 20,987,641.19 20,987,641.19
(6,060,649.02) 3,064,037.51 3,064,037.51
(17,869.13) 39,874.17 39,874.17
931,295.50 (12,219,722.58)(12,219,722.58)
REVENUES OVER(UNDER) EXPENDITURES 2,696,733.15 7,843,955.80 (5,147,222.65) (9,115,810.90) (9,115,810.90)
THE CITY OF DUBLIN STATEMENT SHOWING
REVENUES VERSUS EXPENDITURES
FOR THE PERIOD
07/01/1999 THROUGH 06/30/2000
SPECIAL REVENUE FUND
CURRENT CURRENT PRIOR PRIOR
BUDGET ACTUAL VARIANCE FISCAL YEAR Y.T.D.
VARIANCE
********REVENUES********
PROPERTY TAXES
SALES TAX/OTHER TAXES
FINES & FORFEITURES
USES/MONEY & PROPERTY
INTERGOVERNMENTAL FROM STATE
INTERGOVERNMENTAL FROM COUNTY
INTERGOVERNMENTAL FROM FEDERAL
CHARGES FOR SERVICES
OTHER SOURCES OF REVENUE
TOTAL REVENUE
82,965.00 78,715.14 4,249.86 76,684.53 76,684.53
183,800.00 192,662.02 (8,862.02) 172,561.75 172,561.75
59,000.00 113,370.96 (54,370.96) 65,857.76 65,857.76
90,160.00 103,772.70 (13,612.70) 93,371.12 93,371.12
2,515,457.00 1,158,533.84 1,356,923.16 753.103.27 753,103.27
136,650.00 177,904.00 (41,254.00) 149,244.00 149,244.00
388,003.00 87,679.67 300,323.33 374,449.92 374,449.92
729,650.00 733,208.99 (3,558.99) 706,992.33 706,992.33
30,000.00 40,601.31 (10,601.31) 22,439.87 22,439.87
4,215,685.00 2,686,448.63 1,529.236.37 2,414,704.55 2,414,704.55
*******EXPENDITURES*******
PUBLIC SAFETY:
POLICE 96,190.00 88,258.42 7,931.58 78,444.67 78,444.67
TRAFFIC SIGNALS & STREET LTG 128,770.00 121,790.46 6,979.54 72,476.39 72,476.39
FIRE SERVICES 88,143.00 79,100.67 9,042.33 81,444.13 81,444.13
ACTIVITY TOTAL 313,103.00 289,149.55 23,953.45 232,365.19 232,365.19
T~NSPORTATION:
STREET MAINTENANCE 533,670.00 533,583.10 86.90 265,920.49 265,920.49
STREET SWEEPING 81,727.11 81,727.11
ACTIVITY TOTAL 533,670.00 533,583.10 86.90 347,647.60 347,647.60
HEALTH & WELFARE:
WASTE MANAGEMENT 871,914.00 866,219.67 5,694.33 827,685.54 827,685.54
SENIOR SUPPORT CARE 7,044.00 7,044.00
HOUSING PROG~MS
ACTIVITY TOTAL 871,914.00 866,219.67 5,694.33 834,729.54 834,729.54
COMMUNITY DEVELOPMENT:
ENGINEERING 6,000.00 6,000.00 44,166.79 44,166.79
ACTIVITY TOTAL 6,000.00 6,000.00 44,166.79 44,166.79
CAPITAL IMPROVEMENT PROJECTS:
GENERAL CIP PROJECTS 17,665.00 13,997.81 3,667.19
COMMUNITY PROJECTS 193,098.00 59,617.41 133,480.59 56,548.31 56,548.31
PARKS 22,246.00 20,517.41 1,728.59 51,300.97 51,300.97
STREET CONSTRUCTION/IMPROVEMENT 2,223,179.00 429,360.36 1,793,818.64 674,931.01 674,931.01
ACTIVITY TOTAL 2,456,188.00 523,492.99 1,932,695.01 782,780.29 782,780.29
T 0 T A L EXPENDITURES
EXCESS <REVENUE>EXPENDITURE
TRANSFER IN FROM OTHER FUNDS
T~NSFERS OUT TO OTHER FUNDS
4,180,875.00 2,218,445.31 1,962,429.69
(34,810.00) (468,003.32) 433,193.32
22,350.00 17,869.13 4,480.87
2,241,689.41
(173,015.14)
(130,265.91)
62,370.78
2,241,689.41
(173,015.t4
(130,265.91
62,370.78
EXCESS <REVENUE> EXPENDITURE (12,460.00) (450,134.19) 437,674.19 (240,910.27) (240,910.27
THE CITY OF DUBLIN STATEMENT SHOWING
REVENUES VERSUS EXPENDITURES
FOR THE PERIOD
07/01/1999 THROUGH 06/30/2000
CAPITAL IMPROVEMENT FUND
CURRENT CURRENT PRIOR PRIOR
BUDGET ACTUAL VARIANCE FISCAL YEAR Y.T.D.
VARIANCE
********REVENUE********
USES/MONEY & PROP-INTEREST
OTHER SOURCES OF REVENUE
TOTAL REVENUE:
73,785.00
27.873,916.00
27,947,701.00
73.785.00
10.337,149.24 17,536,766.76 2,257.954.64
10,337,149.24 17,610,551.76 2,257,954.64
2,257,954.64
2,257,954.64
*******EXPENDITURES*******
GENERAL GOVERNMENT ACTIVITIES:
ACTIVITY TOTAL
PUBLIC SAFETY:
TRANSPORTATION:
HEALTH & WELFARE:
CULTURE & LEISURE SERVICES:
RECREATION ADMINISTRATION
ACTIVITY TOTAL
COMMUNITY DEVELOPMENT
PLANNING
ACTIVITY TOTAL
CAPITAL IMPROVEMENT PROJECTS
GENERAL CIP PROJECTS
COMMUNITY IMPROVEMENTS
PARKS
STREET CONSTRUCTION/IMPROVEMENT
ACTIVITY TOTAL
T 0 T A L EXPENDITURES
EXCESS <REVENUE>EXPENDITURE
TRANSFER IN FROM OTHER FUNDS
TRANSFERS OUT TO OTHER FUNDS
EXCESS <REVENUE>EXPENDITURE
16,915.01 16,915.01
16,915.01 16,915.01
61,886.00 12,389.68 49,496.32 145.14 145.14
61,886.00 12,389.68 49,496.32 145.t4 145.14
2,224,709.00 1,859,640.67 365,068.33 124,753.27 124,753.27
9,447,435.61 6,057,184.37 3,390,251.24 1,180,149.86 1,180,149.86
17,752,309.00 2,433,845.51 15,318,463.49 744.202.34 744,202.34
29.424,453.61 10,350,670.55 19,073.783.06 2,049.105.47 2,049,105.47
29,486,339.61 10,363,060.23 19.123,279.38 2,066,165.62 2,066,165.62
1,538,638.61 25.910.99 1,512,727.62 (191,789.02) (191,789.02)
5,250.00 5,250.00 17,586.84 17,586.84
1,543,888.61 25,910.99 1,517,977.62 (174,202.18) (174.202.18)
THE CITY OF DUBLIN STATEMENT SHOWING
REVENUES VERSUS EXPENDITURES
FOR THE PERIOD
07/01/1999 THROUGH 06/30/2000
SPECIAL ASSESSMENT
CURRENT CURRENT
BUDGET ACTUAL VARIANCE
'FUND
PRIOR
FISCAL YEAR
PRIOR
Y.T.D.
VARIANCE
********REVENUES********
SPECIAL BENEFITS ASSESSMENTS
USES/MONEY & PROP-INTEREST
OTHER SOURCES OF REVENUE
TOTAL REVENUE
309,093.00 318,354.40 (9,261.40)
15,027.00 16,637.02 (1,610.02)
2,500.00 668.85 1,831.15
326,620.00 335,660.27 (9,040.27)
253,175.40
16,381.44
2,736.05
272,292.89
253,175.40
16,381.44
2,736.05
272,292.89
*******EXPENDITURES*******
PUBLIC SAFELY:
TRAFFIC SIGNALS & STREET LIG
ACTIVITY TOTAL
TRANSPORTATION PUBLIC WORKS
STREET TREE MAINTENANCE
STREET LANDSCAPE MAINTENANCE
ACTIVITY TOTAL
HEALTH & WELFARE:
ENGINEERING
ACTIVITY TOTAL
CAPITAL IMPROVEMENT PROJECTS:
COMMUNITY IMPROVEMENTS
STREET CONSTRUCTION/IMPRVMNT
ACTIVITY TOTAL
T 0 T A L EXPENDITURES
EXCESS <REVENUE>EXPENDITURE
145,005.00 118,667.18 26,337.82 107,525.57 107,525.57
145,005.00 118,667.18 26,337.82 107,525.57 107,525.57
3,718.00 3,6t3.20 104.80 2,246.99 2.246.99
13,210.00 4,219.57 8,990.43 7,694.38 7,694.38
168.447.00 131,200.04 37,246.96 105,652.77 105,652.77
185,375.00 139,032.81 46,342.19 115,594.14 115,594.14
4,648.00 4,495.98 152.02 3,084.88 3,084.88
4,648.00 4.495.98 152.02 3,084.88 3,084.88
28,140.00 28,139.83 .17
82,600.00 46,752.16 35,847.84
110,740.00 74,891.99 35,848.01
445,768.00 337.087.96 108,680.04 226,204.59 226,204.59
119,148.00 1,427.69 117,720.31 (46,088.30) (46,088.30)
EXCESS <REVENUE>EXPENDITURE 119,148.00 1,427.69 117,720.31 (46,088.30) (46,088.30)
THE CITY OF DUBLIN STATEMENT SHOWING
REVENUES VERSUS EXPENDITURES
FOR THE PERIOD
07/01/1999 THROUGH 06/30/2000
TRUST/AGENCY FUND
CURRENT CURRENT PRIOR PRIOR
BUDGET ACTUAL VARIANCE FISCAL YEAR Y.T.D.
VARIANCE
********REVENUES********
SPECIAL ASSESSMENTS
USES/MONEY & PROP-INTEREST
TOTAL REVENUE
233,189.54 (233,189.54) 235,672.36 235,672.36
13,281.66 (13,281.66) 12,637.55 12,637.55
246,471.20 (246,471.20) 248,309.91 248,309.91
*******EXPENDITURES*******
GENERAL GOVERNMENT ACTIVITIES:
NON-DEPARTMENTAL
ACTIVITY TOTAL
PUBLIC SAFETY:
TRANSPORTATION:
HEALTH & WELFARE:
CULTURE & LEISURE SERVICES:
COMMUNITY DEVELOPMENT:
CAPITAL IMPROVEMENT PROJECTS
T 0 T A L EXPENDITURES
EXCESS <REVENUE>EXPENDITURE
261,375.75 (261,375.75) 231,864.50 231,864.50
261,375.75 (261,375.75) 231,864.50 231,864.50
261,375.75 (261,375.75) 231,864.50 231,864.50
14,904.55 (14,904.55) (16,445.41) (16,445.41)
EXCESS <REVENUE>EXPENDITURE 14,904.55 (14,904.55) (16,445.41) (16,445.41)
THE CITY OF DUBLIN STATEMENT SHOWING
REVENUES VERSUS EXPENDITURES
FOR THE PERIOD
07/01/1999 THROUGH 06/30/2000
INTERNAL SERVICE FUND.
CURRENT CURRENT PRIOR PRIOR
BUDGET ACTUAL VARIANCE FISCAL YEAR Y.T.D.
VARIANCE
********REVENUES********
USES/MONEY & PROP-INTEREST
CHARGES FOR SERVICES
OTHER SOURCES OF REVENUE
TOTAL REVENUE
56,832.00 65,324.17 (8,492.17) 40,084.94 40,084.94
589,275.00 580,974.63 8,300.37 726,998.50 726,998.50
25,700.00 42,214.73 (16,514.73) 17,455.06 17,455.06
671,807.00 688,513.53 (16,706.53) 784,538.50 784,538.50
*******EXPENDITURES*******
GENERAL GOVERNMENT ACTIVITIES
NON-DEPARTMENTAL
ACTIVITY TOTAL
PUBLIC SAFETY:
TRANSPORTATION:
HEALTH & WELFARE:
CULTURE & LEISURE SERVICES
COMMUNITY DEVELOPMENT:
CAPITAL IMPROVEMENT PROJECTS:
723,983.00 865,319.44 (141,336.44) 794,802.16 794,802.16
723,983.00 865,319.44 (I41,336.44) 794,802.16 794,802.16
T 0 T A L EXPENDITURES
EXCESS <REVENUE>EXPENDITURE
TRANSFER IN FROM OTHER FUNDS
TRANSFERS OUT TO OTHER FUNDS
723,983.00
52,176.00
865,319.4~4
176,805.91
931,286.00
(141,336.44) 794,802.16
(124,629.91) 10,263.66
(931;286.00) 13,582,460.94
794,802.16
10,263.66
13,582,460.94
EXCESS <REVENUE>EXP_ENDtTURE 52,176.00 (754,480.09) 806,656.09 (13,572,197.28)(13,572,t97.28)
THE CITY OF DUBLIN STATEMENT SHOWING
REVENUES VERSUS EXPENDITURES
FOR THE PERIOD
07/01/1999 THROUGH 06/30/2000
ENTERPRISE FUND
CURRENT CURRENT PRIOR PRIOR
BUDGET ACTUAL VARIANCE FISCAL YEAR Y.T.D.
VARIANCE
********REVENUES********
USES/MONEY & PROP-INTEREST
TOTAL REVENUE
1,671,632.89 1,671,632.89
1,671,632.89 1,671,632.89
********EXPENDITURES*******
GENERAL GOVERNMENT ACTIVITIES:
NON-DEPARTMENTAL
FINANCE
ACTIVITY TOTAL
PUBLIC SAFETY:
HEALTH & WELFARE:
CULTURE & LEISURE SERVICES
COMMUNITY DEVELOPMENT:
CAPITAL IMPROVEMENT PROJECTS:
T 0 T A L EXPENDITURES
EXCESS <REVENUE>EXPENDITURE
TRANSFERS IN FROM OTHER FUNDS
TRANSFERS OUT TO OTHER FUNDS
10.00
345.00
355.00
355.00
355.00
(345.00)
10.00
344.50
354.50
354.50
354.50
(354.50)
935,724.30 935,724.30
.50 500.00 500.00
.50 936,224.30 936,224.30
.50 936,224.30 936,224.30
.50 (735,408.59) (735,408.59)
9.50 (12,134,212.45)(12,134,212.45)
13,587,133.27 13,587,133.27
EXCESS <REVENUE>EXPENDITURE 10.00 10.00 717,512.23 717,512.23
Vavrinek,'Trine, Day & Co, LLP
Certified Public Accountants & Consultants
VALUE THE
DIFFERENCE
INDEPENDENT AUDITORS' REPORT ON
COMPLIANCE WITH THE PROPOSITION 111
2000-2001 APPROPRIATION LIMIT'INCREMENT
To the Mayor and Members of the City Council
Dublin,-California
We have applied the procedures below to the Budget Appropriations Limit Worksheet (Worksheet) for the City of
Dublin for the,year. ended June 30,-2001. -These procedures, which were 'suggested by the:.League of CalifOrnia
Cities and presented in-their Article XIIIB Appropriations Limitation UnifOrm Guidelines (Guidelines) were
performed solely to assist you in meeting the reqmrements of Section 1.5 ofArticle XIllB Of the California
Constitution. This report is intended for the-information of management and the City Council; however, this
restriction is not intended to limit the distribution of this report, which is a matter of public record.
The procedures you reqUested us to perform and our findings Were as follows:
A.
,B.
We obtained the Worksheet and determined that the 2000-200 t Appropriations Limit amounting to
$63,33.5,696' and annual adjustment factors were adoptedby resolution of the City Council.
We recomputed the. '2000-2001 Current Appropriations Limit by multiplying the 1999-2000 revised
AppropriatiOns Limit bytlie annual' adjustment factors.
C: W.e agreed the Per Capita Income, County and City Population Growth Factors to California State
Department bf Finance Worksheets,
These agreedrupon procedures are substantially less in scope than an audit, the objective of which is the
expression of an opinion on the Worksheet: Accordingly, we do not express such and opinion.
Based on the application of the .procedures referred to above, nothing came to our attention which caused us to
believe that the Worksheet was not computed in accordance with Article XIIIB. of the California Constitution, as
interpreted in the California League of Cities Article XllIB'IAppropriations Limit Uniform Guidelines. Had we
performed additional procedures or had we made an audit of the Worksheet and the other completed worksheets
described .above, matters might have come to our attention which .would have been .reported to 'you.
October. 10, 2000
Pl'easanton, California
AI'FACHMENT 3
5000Hopyard Ro'ad. Suite 335 Pleasanton, CA94588-3351 'tel: 925.734.6600 :ax: 925.734.66'11 pleasantoninfo@vtdcpa.com www. vtdcpa.com
FRESNO · LAGUNA HILLS * PLEASANTON · RANCHO CUCAMONGA · SACRAMENTO · SAN JOSE
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v 1
rL
COMPREHENSIVE ANNUAL
FINANCIAL REPORT
• 2000
FISCAL YEAR ENDED JUNE 30,
I-1
L
CITY OF DUBLIN
DUBLIN, CALIFORNIA
is
COMPREHENSIVE
ANNUAL FINANCIAL REPORT
FOR THE YEAR ENDED
JUNE 30, 2000
Prepared B : Administrative Services Department
P Y P
I
P
This page left blank intentionally.
1
!•
•
■
CITY OF DUBLIN
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE YEAR ENDED JUNE 30,2000
TABLE OF CONTENTS
3
Page
INTRODUCTORY SECTION
Table of Contents i
Elected Officials and Administration Personnel .. iv
Organizational Chart v
GFOA Certificate of Achievement for Excellence in Financial Reporting vi
CSMFO Certificate of Award for Outstanding Financial Reporting vii
_ Letter of Transmittal viii
FINANCIAL SECTION
Independent Auditor's Report 1
General Purpose Financial Statements
Combined Balance Sheets-All Fund Types and Account Groups -. 3
Combined Statement of Revenues,Expenditures and Changes in Fund Balances-
} All Governmental Fund Types 5
Combined Statement of Revenues,Expenditures and Changes in Fund Balances-Budget and Actual
General,Certain Special Revenue Funds and Capital Projects Funds 6
Combined Statement of Revenues,Expenses and Changes in Retained Earnings
All Proprietary Fund Types .. 8
Combined Statement of Cash Flows—All Proprietary Fund Types 9
Notes To General Purpose Financial Statements 10
1
CITY OF DUBLIN
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE YEAR ENDED JUNE 30,2000
TABLE OF CONTENTS(Continued)
r ,
COMBINING FUND STATEMENTS AND SCHEDULES Page
General Fund
Comparative Balance Sheets 35
Combining Statement of Revenues,Expenditures and Changes in Fund Balances-
Budget and Actual 36
Schedule of Budget Versus Actual Revenues by Source 37
Schedule of Budget Versus Actual Departmental Expenditures 39
Special Revenue Funds
Combining Balance Sheet 42
Combining Statement of Revenues,Expenditures and Changes in Fund Balance 46
Combining Statement of Revenues,Expenditures and Changes in Fund Balance—
Budget and Actual—Budgeted Special Revenue Funds 50
Capital.Projects Funds .
Combining Balance Sheet 59
Combining Statement of Revenues,Expenditures and Changes in Fund Balance - 61
`
Combining Statement of Revenues,Expenditures and Changes in Fund Balance-
Budget and Actual 63
Internal Service Funds
Combining Balance Sheet 67
Combining Statement of Revenues,Expenses and Changes in Retained Earnings 69
Combining Statement of Cash Flows 71
ii
CITY OF DUBLIN
I COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE YEAR ENDED JUNE 30,2000
TABLE OF CONTENTS(Continued)
r
Page
Agency Funds
Combining Statement of Changes in Assets and Liabilities 74
STATISTICAL SECTION
Governmental Expenditures by Function—All Governmental Fund Types-
Last Ten Fiscal Years 76
General Governmental Revenues by Source—All Governmental Fund Types-
Last Ten Fiscal Years 77
Assessed Value of Taxable Property—Last Ten Fiscal Years 78
} Property Tax Rates-All Direct and Overlapping Governments—Last Ten Fiscal Years 79
Computation of Legal Debt Margin 80
Computation of Direct and Overlapping Debt 81
Demographic Statistics-Last Ten Fiscal Years 82
Property Value, Construction,and Bank Deposits-Last Ten Fiscal Years 83
Schedule of 1993 Certificates of Participation Coverage-Fiscal Years 1994-1999 84
I ' California Public Employees Retirement System Funding Analysis—Fiscal Years 1989-1998 85
Property Tax Levies and Collections-Last Ten Fiscal Years 86
Principal Property Taxpayers 87
Top 25 Sales Tax Producers 88
Miscellaneous Statistical Data 89
iii
CITY OF DUBLIN
ELECTED OFFICIALS
June 30,2000
Mayor
Guy S. Houston
Vice Mayor Councilmember
Janet Lockhart Lisbeth Howard
Councilmember Councilmember
Claudia McCormick George Zika
f
ADMINISTRATION PERSONNEL
City Manager Richard C. Ambrose
Administrative Services Director Carole Perry
City Attorney Elizabeth Silver ; t
City Clerk Kay Keck
Chief of Police Gary Thuman
Public Works Director Lee Thompson
Community Development Director Eddie Peabody
Building Official George Thomas
Parks & Community Services Director Diane Lowart -J�
Fire Chief Bill McCammon
iii
iv
iJ
CITY OF DUBLIN ORGANIZATIONAL CHART
Residents of Dublin
City Council
I I I
Heritage & Parks & Community City Manager Planning City
Cultural Arts Services Commission Commission Attorney
Commission City Clerk
I Elections
Economic Development
Central Services:
Human Resources
Youth Senior Disaster Management
Disaster Preparedness
Advisory Center Waste Management
Committee Advisory Cable TV
Committee Crossing Guards
Police Services Community Parks & Administrative Public Works Fire
Development Community Services Services Services
Police Building&Safety Recreation Finance Building Management
Animal Control Planning Library Services Treasurer Traffic Signals
Parking Administration Cultural Activities Information Systems/ Street Lighting
Heritage Center Technology Street Maintenance
Dublin Cemetery Street Sweeping
Parks&Facilities Mgmnt Street Tree Maint
Street Landscape Maint
6/10/2000
Park Maintenance
Engineering
I
J"t
ry
Certificate of
Achievement '
for Excellence
in Financial
Reporting
Presented to
City of Dublin,
• • California
For its Comprehensive Annual
Financial Report
for the Fiscal Year Ended
June 30, 1999
A Certificate of Achievement for Excellence in Financial
Reporting is presented by the Government Finance Officers
Association of the United States and Canada to
government units and public employee retirement �J
systems whose comprehensive annual financial
reports (CAFRs)achieve the highest
standards in government accounting
financial reporting.
NVE OFF,,
CF c9s / wZ 31 R`"c•
3. MUDium STATES 7.
H
� President
‘.ODSEgL �oti
Yil-79":"‘rdr&
Executive Director
a4
vi
j k
- _ - _
Of • LIIJ
Calt orma Society of
• • •
511-lance Officers
Certificate of Award
Outstanding Financial Reporting 1998-1999
Presented to the
City of Dublin
This certificate is issued in recognition of meeting professional standards and criteria in reporting
which reflect a high level of quality in the annual financial statements
and in the underlying accounting system front which the reports were prepared.
. February 28 2000
I 01Z
I
C air,Professional&Technical Standards Committee
(--
Dedicated to Excellence in Municipal Financial Management
ill( h.OF WA
82 CITY OF DUBLIN
,.•jL����1 P.O. Box 2340. Dublin, California 94568 •
City Offices, 100 Civic Plaza, Dublin, California 94568
December 4,2000
•
Honorable Mayor and
Members of the City Council
Presented with this transmittal is the City of Dublin Comprehensive Annual Financial Report, for the year ended June 30,
2000. The responsibility for the accuracy and fairness of this report rests with the City.
REPORT FORMAT
The Comprehensive Annual Financial Report contains information which has been divided into the following sections:
• Introductory Section : This consists of: the table of contents; directory of elected officials and staff; city 7
organization chart; GFOA and CSMFO awards; and a letter of transmittal. This section is intended to assist the jl
reader and provide a narrative overview of the entire report.
• Financial Section : This consists of: the independent auditor's report; general purpose financial statements and
notes; and combining statements by fund type. In its entirety this section comprises-the annual financial audit
prepared by the City's Certified Public Accountants.
• Statistical Section : This section includes both financial and non-financial data about the City and its operations. '1
The information provides historical comparisons of key factors.
The information in this Comprehensive Annual Financial Report is prepared in accordance with Generally Accepted
Accounting Principles (GAAP) as promulgated by the Governmental Accounting Standards Board (GASB) and includes
the report prepared by the City's independent certified public accountants,Vavrinek,Trine,Day&Co.. ,
REPORTING ENTITY -
This report reflects reporting as a single entity for all operations directly associated and controlled by the City. In -
addition to reporting directly for the City operations, Dublin Information Inc. (DII), a separate legal entity, has been
included in the primary reporting entity. This is a non profit corporation originally formed by the City to address the. ' -
distribution of public information. The functions were expanded in 1985 to include fmancing for the construction of a
new Civic Center. The project was completed and the Center was occupied in 1989; the related Certificates of i
Participation were paid off during Fiscal Year 1998-1999.
SUMMARY OF THE LOCAL ECONOMY
The City of Dublin is located at the intersection of Interstates 580 and 680 approximately 35 miles east of San Francisco. '
The City has a wide range of housing types available to meet the demands of various employers throughout the region.
The City has a large retail base which serves local residents as well as those in surrounding communities. The largest i�
employers include:public agencies such as the County of Alameda and United States Department of Justice Correctional
Facilities, and the Dublin Unified School'District; corporate offices such as Micro Dental Laboratories and Humphrey
Instruments; and retailers such as Montgomery Wards, Toys R Us, Target Stores, Good Guys, Circuit City, Mervyns,
Best Buy and the new Regal IMAX 21 screen theater in the Hacienda Crossings shopping center.
Economic conditions throughout the State improved during Fiscal Year 1999/2000. Retail Sales are an obvious indicator .-,
of the general economic climate. The General Fund Sales Tax in 1999-2000 increased by 33%over the amount
Administration (925)833-6650 • City Council (925)833-6605 • Finance (925)833-6640 • Building Inspection (925)833-6620 I
Code Enforcement (925)833-6620 • Engineering (925)833-6630 • Parks&Community Services (925)833-6645
Economic Development (925) 833-6650 • Police (925)833-6670 • Public Works (925)833-6630
Community I
ty Deve opment (925)833-6610 • Fire Prevention Bureau (925)833-6606
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City's retail sales are attributable to the sales of new and used automobiles which continued for the fifth year in a row
with improved sales.
The future economic outlook for the City is geared towards enhancing the City's existing economic base, while looking
towards opportunities for expansion and adding diversity to the current retail base. There is the ability to accommodate
, significant new development projects in the City's Eastern Dublin Specific Plan Area, as evidenced by. several
development agreements entered into with the Alameda County Surplus Property Authority and Dublin Ranch during the
past few fiscal years.
MAJOR INITIATIVES
{ The City of Dublin is an active and vibrant community requiring that the municipal government be prepared to respond to
changes which are occurring. Each year the City Council adopts Goals and Objectives for the upcoming year and
evaluates the progress achieved on the goals previously established. The City's Goals and Objectives program is the
process by which the City Council formulates major initiatives for the City.
In Fiscal Year 1999-2000, the City completed construction associated with the modification and expansion of the Civic
( 1 Center. In addition, the City continued to make progress on design work for arterial street and freeway interchange
improvements in the Eastern Dublin Specific Plan area, contributed $150,000 for the "Computers for Our Schools"
project,began construction on the new Emerald Glen Community Park and design work on the new Civic Center Library,
- purchased a new fire engine, and completed a major renovation of the Swim Center.
- The market for new housing of all types remained strong during Fiscal Year 1999-2000, as the Community Development
Department experienced a large increase in the number of building permits issued. During Fiscal Year 1999-2000,
permits were issued for 783 new residential units, including 689 single family homes and 94 multi family units. The
-- valuation of these new residential units was estimated to be $180 million, adding to the City's taxable assessed value for
Fiscal Year 2000-2001.
Non residential activity also increased significantly during Fiscal Year 1999-2000, as building permits were issued for an
Extended Stay hotel, a new Tri Valley GMC truck dealership, several new restaurants in the Hacienda Crossings
' shopping center(including On the Border and Applebee's),and two new office buildings. A new 21 screen Regal IMAX
-' Theater also opened at the Hacienda Crossings retail complex during the Fiscal Year. Plans have also been approved for
a GM AutoMall, another hotel and the completion of more new office buildings, which will house such companies as
Sybase and Commerce One.
ACCOUNTING SYSTEM AND BUDGETARY CONTROL
Note 2 in the General Purpose Financial Statements provides a detailed explanation of the significant accounting policies.
_ For all City Governmental funds, the revenues and expenditures are based on a modified accrual basis of accounting.
This means that revenues are recorded when measurable and available rather than when they are received. Expenditures
are recorded when the liability is incurred rather than when it is paid. In the case of proprietary funds, such as the DII
Enterprise Fund and Internal Service Funds for building and equipment replacement, expenditures are accounted for
using the accrual basis of accounting.
In developing and evaluating the City's accounting system, consideration is given to the adequacy of controls. Internal
accounting controls are designed to provide reasonable assurance regarding: safeguarding of assets against loss,accuracy
and reliability of accounting data, and adherence to prescribed policies. The concept of reasonable assurance recognizes
that the cost of a control should not exceed benefits likely to be derived; and that the evaluation of costs and benefits
require estimates and judgments by management.
,P Annually the City Manager develops and presents a budget for approval by the City Council. The Budget includes
appropriations for both operating programs and capital improvement projects. The Budget is approved on a departmental
basis based upon the identified funding sources. The adopted accounting procedures authorize the City Manager to
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transfer budget amounts between line items within the same Department. Expenditures may not exceed budgeted
appropriations at the departmental level without City Council approval.
FINANCIAL HIGHLIGHTS OF FISCAL YEAR 1999-2000
The financial reports identify that among all of the Governmental Fund Types, the General Fund represents over 60% of
both Revenues and Expenditures. Although the financial activities within all funds are detailed in the Financial Section
of the report, it is clear that the activity within the General Fund is of primary importance when evaluating the City's
fiscal condition. Therefore,this discussion will focus on the General Fund.
The following analysis shows changes in major General Fund Revenue Types as compared to the previous Fiscal Year:
GENERAL FUND REVENUES
Collected In % of Total Prior Year Change % Chanp
FY 1999-2000 FY 1999-2000 Amount from PY from Pi
PROPERTY TAXES $5,991,816 20% $4,866,093 $1,125,723 23%
TAXES OTHER THAN PROPERTY $13,691,605 45% $10,209,447 $3,482,158 '34 7
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LICENSES/PERMITS $3,897,965 13% $2,472,217 $1,425,748 58%
INTERGOVERNMENTAL REVENUE $1,632,441 5% $1,356,234 $276,207 2(H
CHARGES FOR SERVICES $3,308,263 11% $3,482,983 ($174,720) -5%a
INTEREST $1,254,906 4% $1,262,400 ($7,494)
USE OF PROPERTY $85,831 0% $90,539 ($4,708) -5"/a
FINES &FORFEITURES $84,543 0% $60,876 $23,667 35 "
OTHER $726,525 . 2% $250,889 $475,636 190-76
TOTAL $30,673,895 100% $24,051,678 $6,622,217 2(
The following sections describe changes in Fiscal Year 1999/2000 within each of the major revenue categories: ;
Property Tax related revenues showed an increase due to new residential and commercial units (mostly in Eastern
Dublin) constructed in Fiscal Year 1998-99 being included for the first time on the 1999-2000 tax roll. In addition,there l
was a general overall increase in property values in the City due to an active housing market and strong demand for office j
and retail space. The City's taxable assessed value increased from$1.9 billion in Fiscal Year 1998-99 to $2.3 billion in
Fiscal Year 1999-2000, a 21%increase over the prior Fiscal Year. The taxable assessed value on the property in Eastern c
Dublin will continue to increase as new residential and commercial units continue to be constructed by developers.
The increase in Taxes Other Than Property category is primarily related to sales taxes. The City experienced an 33% (--,,
increase in sales taxes over the prior year due to continued strong auto sales. In addition, the City experienced a
significant increase in the amount of Transient Occupancy Taxes due to the addition of two new hotels within the City.
The increase in Licenses and Permits category is primarily related to building permits. As previously noted the
development sector continued to show an increase in activity in terms of projects actually under construction. The
valuation of the additions and improvements covered by these new building permits increased from$228 million in Fiscal
Year 1998/99 to approximately$287 million in Fiscal Year 1999/2000. Even though permits may have been obtained in �T,
Fiscal Year 1999-2000, the City will continue to incur inspection related costs in Fiscal Year 2000-2001 for those
buildings not completed as of June 30,2000.
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The Intergovernmental Revenue increased from the prior year due to one time monies received from the State as partial
reimbursement for City property tax monies shifted in prior years by the State to the State's Educational Revenue
Augmentation Program.
The Fine and Forfeiture category showed an increase attributable to an increase in the amount of parking fines and
other fines collected by the municipal court and allocated to the City. This category represents a very small fraction of
the total General Fund revenues.
The Other Revenue category showed an increase over the previous year. Since this category is utilized for
( 1 miscellaneous one-time events it is typical to observe fluctuations between different fiscal years. The large increase from
,L} the prior year was due to a partial reimbursement received from other governmental agencies for the acquisition of a fire
truck.
f The following chart compares changes in General Fund expenditures to the previous Fiscal Year:
GENERAL FUND EXPENDITURES
)_1
Expended In % of Total Prior Year Change % Change
FY 1999-2000 FY 1999-2000 Amount from PY from PY
GENERAL GOVERNMENT $2,274,914 10% $2,139,738 135,176 6%
DEBT SERVICE $251,004 1% $1,865,411 (1,614,407) -87%
PUBLIC SAFETY $9,4$5,166 43% $8,805,457 679,709 8%
riHIGHWAYS&STREETS $827,141 4% $776,930 50,211 6%
HEALTH&WELFARE $19,086 0% $16,969 2,117 12%
CULTURE&LEISURE $2,827,621 13% $2,248,581 579,040 26%
_- COMMUNITY DEVELOPMENT $4,116,030 19% $3,606,401 509,629 14%
1 CAPITAL OUTLAY $2,115,204 10% $1,528,154 587,050 38%
J TOTAL $21,916,166 100% $20,987,641 928,525 4%
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The following sections describe changes in Fiscal Year 1999/2000 within each of the major expenditure categories:
General Government expenditures increased over the prior year due to higher amounts paid for insurance premiums and
H claims,and additional staffmg in the City Manager and Central Services divisions.
The Debt Service category represents the second of four annual debt payments due to the Dublin Unified School District
for costs incurred in the construction of a new gymnasium. The decrease from the prior year is due to the final payment
being made on the 1993 Civic Center Certificates of Participation in Fiscal Year 1998-99.
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Public Safety costs increased over the prior year due to increased Police expenditures resulting from increased fees for
bookings at the County Jail, higher fees for dispatch services and a cost of living adjustment from Alameda County for
contract Police personnel. Fire expenditures also increased due to a cost of living adjustment from the Alameda County
Fire Department for contract fire personnel.
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Culture and Leisure Services expenditures increased over the prior year due to the funding of additional hours of —,
operation for the library, higher expenditures for park maintenance and additional expenditures incurred for other special
events,including the annual St.Patrick's Day celebration and concerts at the Civic Center.
Community Development expenditures increased over the prior year due to additional time spent by consultants on
various development projects,primarily in the Eastern Dublin Specific Plan area. –
Capital Outlay expenditures were $336,000 more in Fiscal Year 1999/2000 than the previous year. Due to the one-time
nature of capital projects, fluctuations from year to year are common. Approximately 77% of General Fund spending on
Capital Projects in Fiscal Year 1999/2000 was related to the following five projects:
• Swim Center Building and Pool Improvements
• Purchase of New Fire Apparatus
• Computers for Our Schools Project
• Civic Center Renovation/Expansion
• Median Paver Repair
DEBT ADMINISTRATION
The City has no outstanding General Obligation debt. However, the City does administer funds for debt issued pursuant
to the 1915 Improvement Act for the Dublin Boulevard Extension Assessment District. The total amount of assessment
debt outstanding at June 30, 2000 is $1,863,000. This amount is repayable from property assessments levied on
properties benefiting from the improvements, and the City has no legal, contingent or moral obligation for the repayment IT
of this debt. Revenues collected were sufficient to finance all required debt service expenditures for the year ending June
30,2000. There were no material delinquent assessment revenues at year end.
RISK MANAGEMENT
The City of Dublin is a member of ABAG PLAN Corporation. This is a public agency pool providing liability insurance
coverage to 29 Bay Area cities. The coverage limit for Fiscal Year 1999-2000 was$7 million per occurrence,which does
not cover damage resulting from an earthquake. The City of Dublin has selected a $50,000 deductible. The pool also 4
provides property insurance coverage with a $5,000 deductible except for vehicle losses, which carry a $10,000
deductible.The pool purchases required employee bonds from a commercial surety company. In accordance with GASB
10, the City established a liability of$137,210 for claim deductibles. This includes a provision for losses which may be
"incurred but not reported" (IBNR). The actual liability claims cost paid by the City for Fiscal Year 1999-2000 were
$26,153.
CASH MANAGEMENT •
Cash which is temporarily idle during the year was invested in accordance with adopted investment policies. The amount
of interest earned on all Governmental and Proprietary Fund Types was $1.4 million. The City's yield on all of its
investments as of June 30,2000 was 6.40%.
At June 30,2000 the City's portfolio of investments had an average weighted maturity of 1.7 years. Of the $49 million of h`
investments, approximately $23 million were in United States Treasury and Agency Notes and $25.million were in the ' '
State of California Local Agency Investment Fund (LAIF). The City has positioned its cash needs to allow it to hold all
securities to maturity. On a quarterly basis the City Council is provided with a report on investment activity. The
investment strategy emphasizes the safety of the portfolio and liquidity to match anticipated cash flow needs. The J
portion of the portfolio containing U.S.Notes and Agency Obligations does not include any repurchase agreements.
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INDEPENDENT AUDIT
j Each year the City of Dublin obtains an independent annual audit of the City's fmancial records. The information
presented includes a review of the results of operations and changes in financial position. This report includes the
Auditor's unqualified opinion on the City's combined financial statements.
IL AWARDS
The Government Finance Officer's Association (GFOA) and the California Society of Municipal Finance Officer's
(CSMFO) have both recognized the City of Dublin for its Comprehensive Annual Financial Report covering the period
ending June 30, 1999. Copies of the awards from these entities are included in this report. This represented the tenth
consecutive year that the City's report was recognized by the GFOA. In order to be recognized,the City was required to
produce an easily readable and efficiently organized report. The report must also meet the requirements for generally
accepted accounting principles and legal requirements. The Certificate of Achievement is valid for a period of one year.
We believe that our current report continues to meet the Certificate of Achievement program requirements. It is our
intent to submit this report to GFOA and CSMFO to determine its eligibility for their certificates.
ACKNOWLEDGMENTS
Among the responsibilities assigned to the Administrative Services Department are the functions associated with Finance.
It is especially appropriate to recognize the efforts of Finance Manager Fred Marsh, Finance Technicians Lynn
Harrington, Katie Mooney and Diane Stanley and Office Assistants Wanda Oppenheim and Tami Gamer in preparing
this report.
The City is fortunate to have these dedicated members willing to meet the extensive requirements of preparing a
comprehensive report. The City has had its fmancial reports recognized by GFOA and CSFMO for several years, which
is a significant accomplishment often undertaken only by larger organizations. Staff also appreciates the time and effort
expended by the independent auditors of Vavrinek,Trine,Day&Co.,LLP in the preparation of the financial statements.
The City Council is recognized for its continued support and encouragement. Staff intends for the report to be a source
of pride and accomplishment; representing excellence in fmancial reporting and exemplifying the high priority given to
�—' the provision of quality services.
Sincerely,
Carole Perry
Administrative Services Director
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FINANCIAL SECTION
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Vavrinek, Trine; Day& Co LLP—
VALUE THE DIFFERENCE
Certified Public'Accountants &Consultants' '
INDEPENDENT AUDITOR'S REPORT
To the City Council .:.
City of Dublin,,California_
1 We have audited the general-purpose financial statements of the City;of Dublin as of and for the year ended June
30a 2000; as listed in the Table ofContents These financial statements are;theresponsibi'lity ofthe City's
m nageinent Our responsibility is to express an opinion on these financial statements•based on our audits
We conducted.our:audit in accordance with generally'accepted auditing standards and the standards for financial
_audits contained in Government AuditingcStandards issued,by.the Comptroller General of:the United States
Those standards require that weplan and perform the audits to'obtain reasonable assurance as to:whether the
financial statements are free,of material misstatement .An.auditincludes:examining on a test basis evidence
_supporting the.amounts and.disclosures in the;financial statements An auditalso includes assessing the;
accounting;p"rinciplesused and,sigmficant•estimatess'Made.:by, management, as,well:as;evaluating the overall
financial statement;presentation: We believe our audits'`provide a rea`sonablebasis for our opinion
In our opinion, such'general-purpose financial statements present fairly in all,material respects the financial
position of the.Cityof Dublin at June 30,;2000, and the'"results of its operations and,'.cash flows'of.its proprietary
fund types for the years then ended,in conformity with generally accepted accounting principles
In accordance'with Government Auditing Standards,we.have also issued a report dated October 10,2000, on our
consideration'ofche City's internal control over reporting and our tests of.its compliance with certain
prow signs,of laws,regulations, contracts.arid.grants ,;
Our`audits were made for the;purpose e of'formiriian opinion on the general-purpose;financial statements as
a whole The'•combining_fund statements:and schedules listed:in the Table of Contents are presented:for`the
purpose of'additional-analysis and:are not-a required part of the general-purpose financial statements. These
'combining`fund statements and schedules.have been subjected to the auditing proc'edures;�applied;in the auditsof
the general purpose'financial statements,and in our opinion are fairly'�stated`in all material respects when
4 ` consideredon'relation to the,general purpose financial:statements taken as a whole ;:The Statistical Section listed
in the Table of Contents was not examined by us and we do not express an opinion on this,information:
' 7
Pleasanton,California
October,10,-2000 ;
5000 'rd Road,Suite 335 Pleasanton CA 94588 3351" Tel 925 734.6600 Fax 925 734 661 t pleasantonmfo@vtdcpa coin www vtdcpa.corn
FRESNO' LACUNA HILLS PLE'ASA'NTON' RANCHO CUCAMONGA SACRAMENTO SAN JOSE
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CITY OF DUBLIN
GENERAL PURPOSE FINANCIAL STATEMENTS
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These statements provide an overview of the combined financial position and the operating results of all fund
types and account groups. Individual funds and account groups utilized by the City are grouped in these
statements as follows:
GOVERNMENTAL FUND TYPES
These funds include general, special revenue and capital projects funds,through which governmental functions
are typically funded,with the emphasis on sources and uses of resources.
PROPRIETARY FUND TYPES
These funds include enterprise and internal service funds,which are used to account for activities similar to
private industry,with emphasis on net income determination and cost recovery.
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FIDUCIARY FUND TYPES
These agency funds are used to account for assets held by the City as an agent.
�—` ACCOUNT GROUPS
r. The account groups are used to establish accounting control over the City's general fixed assets and general long-
term obligations. These assets and liabilities are not spendable resources and do not require current
appropriation. They are accounted for separately from governmental fund types.
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CITY OF DUBLIN
COMBINED BALANCE SHEETS
ALL FUND TYPES AND ACCOUNT GROUPS
JUNE 30,2000
(With Comparative Totals for June 30, 1999) ' 1
GOVERNMENTAL FUND TYPES
Special Capital
General Revenue Projects r``
ASSET
Cash and investments (Note#3) $ 27,616,819 $ 2,562,058 $ 17,481,036
Restricted cash and investments (Note#3)
Accounts receivable 1,555,154 687,843
Accrued interest receivable 841,359
Due from other governments 667 r
Due from other funds (Note#4) 60,543
Prepaids 13,144
Escrow deposit 4,267,787 ---
Fixed Assets (Note#5)
Amount to be provided for retirement
of general long-term obligations (Note#6)
Total Assets $ 30,087,019 $ 3,250,568 $ 21,748,823
LIABILITIES
Accounts payable 3,272,729 893,131 683,735
Accrued wages 158,520 ^,
Accumulated unpaid general leave (Note#2) 262,319 I
Deposits payable 1,017,683
Liability insurance claims payable (Note#9) 137,210
Deferred revenues 149,497 20,644,545
Due to other funds (Note#4) 56,400 4,143
Due to other governments 177,077
Due to bondholders
Advance payable (Note#6)
Total Liabilities 5,175,035 949,531 21,332,423
FUND EQUITY AND OTHER CREDITS
Investment in general fixed assets
Contributed capital
Retained earnings
Reserved for equipment replacement
Fund balances reserved for(Note#7):
Prepaids 13,144
Recycling programs 93,056
Fund balances unreserved,designated for(Note#7):
Cemetery endowment 60,000 -
Economic uncertainty 1,369,133
Downtown improvements 250,000
Open space 150,000
Library 1,783,857
Senior center 266,098
Authorized expenditures 21,019,752 2,207,981 420,542
Undesignated
(4,142).
Total Fund Equity and Other Credits 24,911,984 2,301,037 416,400 °
Total Liabilities and Fund Equity $ 30,087,019 $ 3,250,568 $ 21,748,823
_
See accompanying notes to financial statements.
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PROPRIETARY FIDUCIARY TOTALS
FUND TYPES FUND TYPE . ACCOUNT GROUPS (Memorandum Only)
Internal General General-Long
r Service Enterprise Agency Fixed Assets Term Debt 2000 1999
1
,J, $ 2,384,683 $ 168,856 $ 50,213,452 $ 36,509,085
157,925 157,925 149,763
• 2,242,997 1,399,589
• 841,359 502,727
j 667 78,048
t._.- • 60,543 134,849
• 13,144 7,027
4,267,787
f (( 21,105,766 $ 8,626,022 29,731,788 . 25,880,948
L1 $ 7,205,562 7,205,562 7,102,249
$ 23,490,449 $ - $ 326,781 $ 8,626,022 $ 7,205,562 $ 94,735,224 $ 71,764,285
in
6,353 4,855,948 - 3,023,912
158,520 98,535
i 1 262,319 202,131
1 1 1,017,683 967,678
137,210 137,210
20,794,042 13,487,758
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60,543 134,849
i • 177,077 21,963
' 326,781 • 326,781 341,685
7,205,562 7,205,562 7,102,249
6,353 326,781 7,205,562 34,995,685 25,517,970
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8,626,022 8,626,022 • 6,388,993
-` 21,286,492 21,286,492 19,597,040
U 2,197,604 - 2,197,604 897,616
13,144 7,027
} 93,056 79,887
60,000 60,000
1,369,133 1,369,133
250,000
150,000
1,783,857
266,098
23,648,275 17,852,672
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(4,142) (6,053)
23,484,096 8,626,022 59,739,539 46,246,315
$ 23,490,449 $ - $ 326,781 $ 8,626,022 $ 7,205,562 $ 94,735,224 $ 71,764,285
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CITY OF DUBLIN
COMBINED STATEMENT OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCES
-1 ALL GOVERNMENTAL FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30,2000
1
(With Comparative Totals for the Fiscal Year Ended June 30, 1999)
i ! TOTALS
U GOVERNMENTAL FUND TYPES (Memorandum Only)
i General Special Capital
I
t ( Fund Revenue Projects 2000 1999
REVENUES
Property taxes $ 5,991,816 $ 5,991,816 $ 4,866,093
Taxes other than property 13,691,605 $ 271,377 13,962,982 10,458,693
Ii Licenses and permits 3,897,965 3,897,965 2,472,217
i_.� Intergovernmental 1,632,441 1,424,116 3,056,557 2,633,035
Charges for services 3,308,263 733,209 4,041,472 4,189,973
Interest 1,254,906 120,411 1,375,317 1,372,152
I Use of property 85,831 85,831 90,539
___, Fines and forfeitures 84,543 113,371 197,914 126,734
Developer fees $10,337,149 10,337,149 2,257,955
Other revenue . 726,525 41,270 767,795 276,065
I Special assessments 318,355 318,355 253,175
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Total Revenues 30,673,895 3,022,109 10,337,149 44,033,153 28,996,631
i i EXPENDITURES
Current:
General government 2,274,914 2,274,914 3,754,145
l Public safety 9,485,166 407,817 9,892,983 9,145,346
Highways and streets 827,141 676,909 1,504,050 1,240,171
!_ Health and welfare 19,086 874,168 893,254 851,699
Culture and leisure 2,827,621 2,827,621 2,248,581
Community development 4,116,030 10,496 12,390 4,138,916 3,664,025
L-__,1 apital outlay 2,115,204 586,143 10,350,668 13,052,015 4,366,729
Debt Service
Principal 251,004 251,004 251,004
1 Total Expenditures 21,916,166 2,555,533 10,363,058 34,834,757 25,521,700
REVENUES OVER(UNDER)EXPENDITURES 8,757,729 466,576 (25,909) 9,198,396 3,474,931
L! OTHER FINANCING SOURCES(USES)
Operating transfers in 17,869 17,869 686,293
Operating transfers out (931,641) (17,869) (949,510) (12,815,834)
Ji Total Other Financing Sources(Uses) (913,772) (17,869) (931,641) (12,129,541)
•
REVENUES AND OTHER FINANCING
SOURCES OVER EXPENDITURES AND
e OTHER FINANCING USES 7,843,957 448,707 (25,909) 8,266,755 (8,654,610)
L.
Fund Balance,Beginning of Year 17,068,027 1,852,330 442,309 19,362,666 28,017,276
! t Fund Balance,End of Year $ 24,911,984 $ 2,301,037 $ 416,400 $ 27,629,421 $ 19,362,666
See accompanying notes to financial statements.
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CITY OF DUBLIN
COMBINED STATEMENT OF REVENUES,EXPENDITURES , ^
AND CHANGES IN FUND BALANCES-BUDGET AND ACTUAL .
GENERAL,CERTAIN SPECIAL REVENUE AND CAPITAL PROJECTS FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2000
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GENERAL FUND i ,
Variance
Favorable
Budget Actual (Unfavorable)
REVENUES
Property taxes $ 5,346,600 $ 5,991,816 $ 645,216 ,—,
Taxes other than property 10,949,400 13,691,605 2,742,205
Licenses and permits 3,041,520 3,897,965 856,445 ' _
Intergovernmental 1,439,880 1,632,441 192,561
Charges for services 3,073,844 3,308,263 234,419
Interest 1,128,154 1,254,906 126,752
Use of property 95,060 85,831 (9,229)
Fines and forfeitures 57,200 84,543 27,343
Developer fees 5
Other revenue 1,412,428 726,525 (685,903)
Special assessments `-
Total Revenues 26,544,086 30,673,895 4,129,809 �'
EXPENDITURES
Current:
General government ' 2,590,199 2,274,914 315,285 1
Public safety 9,526,519 9,485,166 41,353
Highways and streets 855,358 827,141 28,217
Health and welfare 19,360 19,086 274
Culture and leisure 3,070,050 2,827,621 242,429
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Community development 4,177,352 4,116,030 61,322
Capital outlay 3,345,010 2,115,204 1,229,806
Debt Service .—)
Principal 263,160 251,004 12,156
Total Expenditures 23,847,008 21,916,166 1,930,842
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REVENUES OVER(UNDER)EXPENDITURES 2,697,078 8,757,729 6,060,651
OTHER FINANCING SOURCES(USES)
Operating transfers in 27,600 17,869 (9,731) r
Operating transfers out (931,641) (931,641)
Total Other Financing Sources(Uses) (904,041) (913,772) (9,731)
REVENUES AND OTHER FINANCING
SOURCES OVER EXPENDITURES AND
OTHER FINANCING USES $ 1,793,037 7,843,957 $ 6,050,920 "
d
Fund Balance,Beginning of Year 17,068,027
Fund Balance,End of Year $ 24,911,984
1-7‘
See accompanying notes to financial statements.
s
6
7
l
•
CERTAIN SPECIAL REVENUE CAPITAL PROJECT
Variance Variance
Favorable Favorable
1 Budget Actual (Unfavorable) Budget Actual (Unfavorable)
$ 266,765 $ 271,377 $ 4,612
2,740,110 1,424,116 (1,315,994)
729,650 726,668 (2,982)
105,187 120,411 15,224
59,000 113,371 54,371
$ 27,947,701 $ 10,337,149 (17,610,552)
32,500 41,270 8,770
309,093 318,355 9,262
4,242,305 3,015,568 (1,226,737) 27,947,701 10,337,149 (17,610,552)
458,108 407,817 50,291
734,007 672,614 61,393
881,314 874,168 7,146
10,647 10,496 151 61,886 12,390 49,496 •
2,242,564 590,438 1,652,126 29,424,454 10,350,668 19,073,786
•
4,326,640 2,555,533 1,771,107 29,486,340 10,363,058 19,123,282
11 1
i 1 (84,335) 460,035 _544,370 (1,538,639) (25,909) 1,512,730
(__)
Li (22,350) (11,404) - 10,946 (5,250) 5,250
•
(22,350) (11,404) 10,946 (5,250) 5,250
U!
$ (106,685) 448,631 $ 555,316 $ (1,543,889) (25,909) $ 1,517,980
1,851,739 442,309
$ 2,300,370 $ 416,400
7
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'- ' CITY OF DUBLIN
COMBINED STATEMENT OF REVENUES,EXPENSES AND
CHANGES IN RETAINED EARNINGS
- ALL PROPRIETARY FUND TYPES
•
FOR THE FISCAL YEAR ENDED JUNE 30,2000
(With Comparative Totals for the Fiscal Year Ended June 30, 1999)
•
Dublin
Information TOTALS
Inc. (Memorandum Only)
Internal Enterprise
■
Service Funds Fund 2000 1999
REVENUES
Facilities rents $ 1,614,406
Charges for services $ 580,974 $ 580,974 726,998
Miscellaneous 42,215 42,215 17,455
Total Revenues 623,189 623,189 2,358,859
EXPENSES
Depreciation 762,448 762,448 686,787
Services and supplies 102,873 $ 355 103,228 108,533
Total Expenses 865,321 355 865,676 795,320
Operating Income(Loss) (242,132) (355) (242,487) 1,563,539
NONOPERATING INCOME(EXPENSES)
( j Interest Income 65,324 65,324 97,312
__..% Interest Expense and bond discount amortization (935,707)
725,144
Nonoperating Income(Loss) 65,324 65,324 (838,395)
t ,
' Income(Loss)Before Operating Transfers 176,808
( ) (355) (177,163) 725,144
Operating transfers in 931,286 355 931,641 12,134,212
Operating transfers out (4,671)
{-
Net Income 754,478 754,478 12,854,685
L_) Charge to contributed capital for depreciation on
fixed assets acquired with contributions 545,510 545,510 503,004
iRetained Earnings,Beginning of year 897,616 897,616 1,122,388
Retained earnings adjustment (13,582,461)
' Retained Earnings, End of year $ 2,197,604 $ - $ 2,197,604 $ 897,616
1
V
See accompanying notes to financial statements.
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CITY OF DUBLIN
COMBINED STATEMENT OF CASH FLOWS
ALL PROPRIETARY FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30,2000
(With Comparative Totals for the Fiscal Year Ended June 30, 1999)
Dublin
Information TOTALS
Inc. (Memorandum Only)
Internal Enterprise
Service Funds Fund 2000 1999
I I
CASH FLOWS FROM OPERATING ACTIVITIES
Operating income(loss) S (242,132) $ (355) $ (242,487) S 1,563,539
Adjustments to reconcile operating income
to cash flows from operating activities:
Depreciation 762,448 762,448 686,787
- Net effect of changes in
Accounts payable (14,453) (14,453) 18,770
Cash Flows from Operating Activities 505,863 (355) 505,508 2,269,096
CASH FLOWS FROM INVESTING ACTIVITIES
Decrease in restricted investments 1,718,942
Interest received 65,324 65,324 97,312
Cash Flows from Investing Activities 65,324 65,324 1,816,254
CASH FLOWS FROM CAPITAL AND RELATED
FINANCING ACTIVITIES
Fixed asset purchases (141,297) (141,297) (243,040)
Certificates of Participation principal payment (14,770,000)
Interest paid (749,598)
1
Cash Flows from Capital and Related
Financing Activities (141,297) (141,297) (15,762,638)
CASH FLOWS FROM NONCAPITAL FINANCING
ACTIVITIES
Operating Transfers In 931,286 355 931,641 12,134,212
Operating Transfers Out (4,671)
Cash Flows from Noncapital
Financing Activities 931,286 355 931,641 12,129,541
Net Cash Flows 1,361,176 1,361,176 452,253
Cash and investments,Beginning of Year 1,023,507 1,023,507 571,254
Cash and investments,End of Year $ 2,384,683 $ - $ 2,384,683 $ 1,023,507
Non-cash investing,capital and financing activities:
Contributed fixed assets $ 2,275,141 $ 19,611,189
l� )
l 1
See accompanying notes to financial statements.
9
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n
CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000
•
NOTE#1-GENERAL
The City of Dublin is a residential community with a significant regional commercial base,located in the Tri-
Valley area of Alameda County at the crossroads of Interstate Freeways 580 and 680. The City was incorporated
as a municipal corporation February 1, 1982;population at January 1,2000,was 33,250,including prisoners
housed at the Alameda County Sheriffs Department Santa Rita Jail and the Federal Correctional Institute.
The City operates under the Council-Manager form of government,with five elected Council members served by
a full-time City Manager and staff. At June 30,2000,the City's staff comprised 59 full-time employees who
were responsible for City-provided services. In addition,the City employs approximately 30-75 seasonal
recreation personnel. The City provides many traditional municipal services through contracts with both public
and private entities. Approximately 94 contract employees provide a variety of municipal services from City
facilities.
NOTE#2-SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following is a summary of significant accounting policies of the City,which conform with generally
i accepted accounting principles applicable to governments.
A. Reporting Entity
The general-purpose financial statements of the City.of Dublin include the financial activities of the City as
well as Dublin Information,Inc. (DII). DII is a separate legal entity,which assists in providing financing to
the City. DII is governed by the same governing board as the City plus the City Manager and Assistant City
Manager and is dependent on the City for its cash flows. The financial activities of DII have been aggregated
and merged(termed'blended')with those of the City in the Dublin Information,Inc.Enterprise Fund. Since
j I DII's sole business was facilities rental,it accounts for rents as operating revenues. The ownership of assets
- previously owned by DII was transferred to the City as of February 1, 1999 in conjunction with the early
retirement of the 1993 COPs.
B. Fund Accounting
The accounts of the City are organized on the basis of funds and account groups,each of which is considered
a separate accounting entity. The operations of each fund are accounted for with a separate set of self-
balancing accounts that comprise its assets,liabilities,fund equity,revenues,and expenditures,or expenses,
as appropriate. Government 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. The
various funds are grouped in the general-purpose financial statements as follows:
10
I ,
CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30 2000
NOTE 2-SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Continued)
• General Fund is the general operating fund of the City. It is used to account for all financial resources
except those required to be accounted for in another fund.
• Special Revenue Funds are used to account for the proceeds of specific revenue sources(other than
major capital projects)that are legally restricted to expenditures for specific purposes.
• Capital Projects Funds are used to account for financial resources to be used for the acquisition or
construction of major capital facilities (other than those financed by proprietary funds).
PROPRIETARY FUND TYPES
• Internal Service Funds are used to account for the financing of goods provided by one department or
agency to other departments or agencies of the City on a cost-reimbursement basis.
• Enterprise Fund is used to account for operations which are financed and operated in a manner similar
to private business enterprises where the intent of the governing body is that the costs and expenses,
including depreciation,of providing goods or services to the general public on a continuing basis be
fmanced or recovered primarily through user charges; or where the governing body has decided that
periodic determination of revenues earned,expenses incurred,and/or net income is appropriate for
capital maintenance,public policy,management control,accountability or other purposes.
FIDUCIARY FUND TYPE
• Agency Funds are used to account for assets held by the City as an agent for individuals,private
organizations,other governments and/or other funds, in accordance with the conditions of the
agreements. Agency funds are purely custodial and thus do not involve measurement of results of
operations.
C. Measurement Focus
All governmental funds are accounted for on a spending or fmancial flow measurement focus,which means
that only current assets and current liabilities are generally included on their balance sheets. Their reported
fund balance is their net current assets,which is considered only to be a measure of available spendable
resources. Governmental fund operating statements present a summary of sources and uses of available
spendable resources during a period by presenting increases and decreases in net current assets.
Because of their spending measurement focus, governmental funds exclude fixed assets and non-current
liabilities. Instead,these assets and liabilities are reported in the General Fixed Assets Account Group and - -
the General Long-Term Obligations Account Group. These account groups measure only fmancial position;
they are not funds and they do not measure results of operations..They maintain accounting control over the
City's governmental fund fixed assets and City debt,which will be repaid by governmental funds.
11.
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CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000
NOTE#2-SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Continued)
[J
In those cases when a governmental fund records a long-term receivable or other non-current asset,an
offsetting credit is made to deferred revenue,or undesignated fund balance is reduced to reflect the fact that
this amount is not yet available.
j Proprietary funds are accounted for on a cost of services or capital maintenance measurement focus,which
means that all assets and all liabilities associated with their activity are included on their balance sheets.
Their reported fund equity is segregated into contributed capital and retained earnings components.
Proprietary fund type operating statements present increases(revenues)and decreases(expenses)in total
assets.
In accordance with GASB Statement No.20,for proprietary fund accounting,the City applies all applicable
I ' GASB pronouncements and all applicable FASB Statements and Interpretations,Accounting Principles
Board(APB) Opinions and Accounting Research Bulletins(ARB)issued on or before November 30, 1989,
unless those pronouncements conflict with or contradict GASB pronouncements. The City also applies all
FASB Statements and Interpretations,issued after November 30, 1989,except for those that conflict with or
contradict GASB pronouncements.
D. Fixed Assets, Depreciation, and Long-Term Liabilities
The General Fixed Assets Account Group provides accounting control over the cost of fixed assets used by
the City's governmental funds. The General Fixed Assets Account Group is not a fund and its balances are
not fmancial resources available for expenditure. Rather,they provide an historical accounting record of
resources expended on general fixed assets. Public domain(infrastructure)general fixed assets,which
include roads,bridges,curbs and gutters, streets and sidewalks,drainage systems,and lighting systems,have
not been capitalized because these assets are immovable and of value only to the public. No depreciation has
been provided on general fixed assets.
Proprietary fund fixed assets are recorded at cost and depreciated over their estimated useful lives. The
purpose of depreciation is to spread the cost of proprietary fund fixed assets over the useful life of these
assets. The amount charged to depreciation expense each year represents that year's pro rata share of the cost
of proprietary fund fixed assets.
{ t All fixed assets are valued at historical cost or estimated historical cost if actual historical cost is not
available. Donated fixed assets are valued at their estimated fair market value on the date donated.
Depreciation of all proprietary fund fixed assets is charged as an expense against operations each year and
the total amount of depreciation taken over the years,called accumulated depreciation,is reported on the
proprietary funds'balance sheet as a reduction in the book value of the fixed assets.
!v} 12
CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000
NOTE#2-SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Continued)
Depreciation of fixed assets in service is provided using the straight line method which means the cost of the
asset is divided by its expected useful life in years and the result is charged to expense each year until the { i
asset is fully depreciated.
The City has assigned the useful lives listed below to proprietary fund fixed assets.
Buildings 37.5 Years
Machinery&equipment 3-15 Years
The General Long Term Debt Account Group provides accounting control over the unmatured principal of
the City's general long-term debt. This debt will be repaid out of governmental funds but is not accounted for
in these funds because this part of the debt does not require an appropriation or expenditure in this
accounting period.
The two account groups are not funds. They are concerned only with the measurement of financial position.
They are not involved with measurement of results of operations.
E. Contributed Capital in Proprietary Fund Types
Contributed capital in proprietary funds represents contributed fixed assets. Contributed capital in the
Internal Service Fund increased by$1,729,631 during the year ended June 30,2000.
F. Basis of Accounting -
Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts and
reported in the general-purpose financial statements. Basis of accounting relates to the timing of the
measurements made,regardless of the measurement focus applied.
All governmental and agency fund types are accounted for using the modified accrual basis of accounting.
Their revenues are recognized when they become measurable and available as net current assets.
Those revenues susceptible to accrual are property taxes, sales taxes,transient occupancy taxes,interest
revenues,and charges for services. Fines,licenses,use of property and permit revenues are not susceptible to
accrual because they generally are not measurable until received in cash.
-.r
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1
CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000
NOTE#2-SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Continued)
Expenditures are generally recognized under the modified accrual basis of accounting when the related fund
liability is incurred, except for principal and interest on general long term obligations which is recognized
when due. Because of their current financial resources focus, expenditure recognition for governmental fund
types excludes amounts represented by non-current liabilities. Since they do not affect net current assets,
such long-term amounts are not recognized as governmental fund expenditures or fund liabilities.
All proprietary fund types are accounted for using the accrual basis of accounting. Their revenues are
recognized when they are earned,and their expenses are recognized when they are incurred.
G. Budgets and Budgetary Accounting
L The City follows these procedures in establishing the budgetary data reflected in the general-purpose financial
statements:
1. Prior to June 30 the City Manager submits to the City Council a proposed operating budget for the fiscal
year commencing the following July 1. The operating budget includes proposed expenditures and the
means of fmancing them.
2. The public is given an opportunity to comment on budget at a noticed City Council meeting.
3. Prior to July 1,the budget is legally enacted through passage of a resolution.
4. The City Manager is authorized to transfer budgeted amounts between line items within any department.
Any revisions,which alter total departmental expenditures of the City must be approved by City Council
except as follows: The City Manager will be allowed to transfer funds from the contingent reserve to
operating department's salary related and health and welfare accounts when required due to employee
turnover or change in status,City nCouncil approved funding for increases in employees salaries and
benefits,and City Council approved funding for increases in contract or labor rates. Expenditures may
not exceed budgeted appropriations at the departmental level without City Council approval.
5. Formal budgetary integration is employed as a management control device during the year for the general
fund, special revenue funds and capital projects funds.
?_ 6. .Budgets for the general, special revenue and capital projects funds are adopted on a basis consistent with
generally accepted accounting principles. Special revenue funds without budgets were the FEMA Fund
and Storm Water Runoff Fund.
7. All unexpended appropriations lapse at the end of the fiscal year.
{ f 8. Budgeted amounts presented in the financial statements are as originally adopted,or as amended by the
City Council. Individual amendments were not material in relation to original appropriations.
-
14
}
CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
NNE 30,2000
NOTE#2-SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Continued)
H. Cash Flows —.
Proprietary fund type cash and investments are used in the preparation of the statement of cash flows as
investments are not allocated to specific funds. Each of these funds'allocation of pooled cash and
investments is considered cash and cash equivalents.
I. Deferred Compensation Plan
City employees may defer a portion of their compensation under a City sponsored deferred compensation
plan created in accordance with Internal Revenue Code Section 457. Under this plan,participants are not,
taxed on the deferred portion of their compensation until it is distributed to them; distributions may be made
only at termination of employment,retirement,death, or in an emergency as defined by the Plan. In
accordance with GASB 32,the City revised the plan to no longer make the funds available to the City's
general creditors and accordingly,the City does not report the assets in the fmancial statements.
J. Property Tax
Alameda County assesses properties and bills,collects,and distributes property taxes to the City. The
County remits the entire amount paid and handles all delinquencies. The City receives proportionate shares
of prior year collections including retaining interest and penalties. Secured and unsecured property taxes are
levied on January 1 of the preceding fiscal year.
Secured property tax is due in two installments, on November 1 and March 1,and becomes a lien on those
dates. It becomes delinquent on December 10 and April 10,respectively. Unsecured property tax is due on
July 1,and becomes delinquent on August 31.
The term'unsecured'refers to taxes on personal property other than real estate,land and buildings. These
taxes are secured by liens on the property being taxed. Property tax revenues are recognized by the City in
the fiscal year they are assessed provided they become available within 60 days of year-end.
K Accumulated Unpaid General Leave
The City accounts for 100 percent of the liability for accumulated unpaid general leave in the General Fund 'Y
since the City's policy is to liquidate any unpaid general leave from currently available expendable resources
rather than future resources. The City offers its employees general leave benefits,which are composed of
time off for illnesses and vacations. Employees receive benefits in the form of time off or in cash if
employment with the City ceases.
15 �'
i
CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000
NOTE#2-SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Continued)
L. Post Employment Health Care Benefits
!
The City provides certain health care benefits for six retirees as required under a contract signed with PERS.
All former employees who retire with the City under PERS are eligible for these benefits. The cost of retiree
health care benefits is recognized as an expenditure as premiums are paid. For the year ended June 30,2000
those costs totaled$21,323.
M. Deferred Revenue
Deferred revenues are recorded to the extent that cash is received but the measurable and availability revenue
recognition criteria is not met.
N. Escrow Deposit
Escrow deposit is an amount deposited with the State of California condemnation deposit fund to acquire
land for street right of way.
", O. New Accounting Pronouncements
_ Governmental Accounting Standards Board(GASB)Statement Number 33
The Governmental Accounting Standards Board(GASB)has issued statement number 33, "Accounting and
Financial Reporting for Nonexchange Transactions". The requirements of this Statement are effective for
financial statements for periods beginning after June 15,2000. The Statement establishes accounting and
financial reporting standards to guide state and local governments' decisions about when to report the results
of nonexchange transactions involving cash and other fmancial capital resources.
The Statement identifies four classes of nonexchange transactions,these are: (a)derived tax revenues(for
(—I example income taxes, sales taxes,and other assessments on earning or consumption), (b)imposed
ff nonexchange revenues(for example property taxes and fines), (c) government-mandates nonexchange
1 transactions(for example federal programs that state or local governments are mandated to perform), (d)
voluntary nonexchange transactions(for example certain grants and private donations).
The implementation may have an effect on the financial statements of the City. Any material effect will be
recognized as a prior period adjustment.
16
•_J
CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000
NOTE#2-SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Continued)
Governmental Accounting Standards Board(GASB)Statement Number 34
The Governmental Accounting Standards Board has issued Statement No. 34, "Basic Financial Statements—
and Management's Discussion and Analysis—for State and Local Governments". This Statement establishes
a new fmancial reporting model for state and local governments. This new model requires that at a minimum
the basic financial statements of a government include: (1)Management's discussion and analysis (MD&A)
as a component of required supplementary information(RSI), (2)both government-wide financial statements
and fund financial statements,(3)notes to the fmancial statements and(4)RSI other than MD&A.
The implementation of the Statement is mandated in three phases based upon a government's total annual
revenues of its governmental and enterprise funds in the fiscal years ending after June 15, 1999.
Phase 1 governments,those with annual revenues of$100 million or greater will be required to implement
for periods beginning after June 15,2001. �.
Phase 2 governments,those with annual revenues of$10 million or more but less than$100 million will
be required to implement for periods beginnin g after June 15,2002.
Phase 3 governments,those with annual revenues of less than$10 million will be required to implement
for periods beginning after June 15,2003.
I
The Statement also requires that governments capitalize all infrastructure assets,and also include all debt of
the government in the Statement of Net Assets. (Although
g ( gh the implementation of the infrastructure assets can
be deferred until future years depending on the implementation Phase as noted above).
This will be a complete change in the presentation of government financial statements. The City of Dublin
has already begun to develop plans and implement policies to prepare for the implementation of the new
reporting model defined within GASB Statements No.34.
N. Total Columns on Combined Financial Statements
Although each of the City's funds is a separate accounting entity,the Combined Financial Statements also
include total columns,which are captioned Memorandum Only to indicate that they are presented only to
facilitate financial analysis. Data in these columns do not present fmancial position,results of operations,or
changes in cash flow in conformity with generally accepted accounting principles. Neither is such data
comparable to a consolidation,since no interfund eliminations have been made in the aggregation of this f
data.
17
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CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000
NOTE#3-CASH AND INVESTMENTS
The City pools cash from all sources and all funds except that held by fiscal agents under debt indentures so that
it can be safely invested at maximum yields, consistent with safety and liquidity,while individual funds can make
expenditures at any time.
Cash and Investment Summary
Cash $ 986,335
Investments 49,385,042
Total $ 50,371,377
1
A. Cash Deposits and Collateral
BANK BALANCE
CATEGORY CARRYING
1 2 3 TOTAL AMOUNT
Categorized
Cash in banks $101,549 $ 1,483,083 $ 1,584,632 $ 791,285
Certificates of Deposit 194,000 194,000 194,000
Total Deposits $295,549 $ - $ 1,483,083 $ 1,778,632 985,285
Uncategorized:
Petty cash 1,050
I Total Cash $ 986,335
California law requires banks and savings and loan institutions to pledge government securities with a market
value of 110 percent of the deposit or first trust deed mortgage notes with a value of 150 percent of the
1 deposit,as collateral for all municipal deposits. This collateral places the City ahead of general creditors of
the institution. The City has waived collateral requirements for the portion of deposits covered by federal
deposit insurance.
- 18
CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000.
NOTE#3-CASH AND INVESTMENTS(Continued)
These categories are as follows:
Category 1: Cash on hand or insured by the Federal Deposit Insurance Corporation or collateralized with
securities held by the City or by its agent in the City's name.
Category 2: Collateralized with securities held by the pledging financial institution's trust department or
agent in the City's name.
Category 3: Uncollateralized-(This includes any bank balance that is collateralized with securities held
by the pledging financial institution or by its trust department or agent but not in the City's
name).
B. Categorization of Credit Risk of Securities Instruments
The Governmental Accounting Standards Board(GASB)has issued Statement 31, "Accounting and ._
Financial Reporting for Certain Investments and for External Investment Pools,"effective for periods
beginning after June 15, 1997. The statement generally applies to investments in external investment pools
(State of California LAIF&county treasury investment pools),investments purchased with maturities greater
than one year,mutual funds, and certain investment agreements. Generally, governmental entities need to
report the"fair value"changes for these investments at year-end and records these gains or losses on their
income statement.
Methods and assumptions used to estimate fair value: The City maintains investment accounting records
on amortized cost and adjusts those records to `fair value' on an annual basis. The City's investment
custodian provides market values on each investment instrument on a monthly basis. The investments held
by the City are widely traded in the fmancial markets and trading values are readily available from numerous
published sources. Unrealized gains and losses are recorded on an annual basis and the carrying value of its
investments is considered `fair value'.
State of California State Treasurer's Local Agency Investment Fund(`LAIF'): The City holds an
investment in LAIF that is subject to being adjusted to"fair value". The City is required to disclose its
methods and assumptions used to estimate the fair value of its holdings in LAIF. The City relied upon
information provided by the State Treasurer in estimating the City's fair value position of its holdings in
LAIF. The City had a contractual withdrawal value of$25,028,033 whose pro-rata share of fair value was
estimated by the State Treasurer to be$24,999,640. The fair value change in this investment for the year
r—
came to an amount that was not material for presentation in the financial statements.
i ,
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CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000
� 1
i1
1 NOTE#3-CASH AND INVESTMENTS(Continued)
The State Treasurer's Local Agency Investment Fund("LAIF")is a governmental investment pool managed
and directed by the California State Treasurer and is not registered with the Securities and Exchange
Commission. An oversight committee,comprised of California State officials and various participants,
provide oversight to the management of the fund. The daily operations and responsibilities of LAIF fall under
the auspices of the State Treasurer's office. The City is a voluntary participant in the investment pool.
CATEGORY REPORTED FAIR
1 2 3 AMOUNT VALUE
Investments:
Categorized
U.S.Government Agency Securities $ 22,642,633 $ 22,642,633 $ 22,642,633
Total Categorized Investments $ 22,642,633 $ - $ - 22,642,633 22,642,633
Uncategorized:
Local Agency Investment Fund(LAIF)(1)(2) 25,028,033 24,999,640
!�I Morgan Stanley/Dean Witter U.S.Government Securities Mutual Fund(2) 1,551,451 1,551,451
Nations Bank Government Reserves Capital Fund(2) 5,000 5,000
Money Market Fund(2) 157,925 157,925
i f
Total Uncategorized Investments 26,742,409 26,714,016
Grand Total Investments $ 49,385,042 $ 49,356,649
I__j
As of June 30,2000,all investments held by the City are carried at fair value.
(1) The management of the State of California Pooled Money Investment Account(generally referred to as
LAIF)has indicated to the City that as of June 30,2000,the amortized cost of the pool was
$43,276,450,234 and the fair value for the pool was$43,227,355,507.Included in LAIF's investment
Ji portfolio are certain derivative securities or similar products in the form of structured notes,totaling
$1,909,398,000 and asset-backed securities,totaling$770,758,000. LAIF's(and the.City's)exposure to
risk(credit,market or legal)is not currently available.
(2) Pooled Investments-Pooled investments are not categorized because of their pooled,rather than
individual,nature.
j 20
1 !
CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000
NOTE#3-CASH AND INVESTMENTS(Continued)
The City categorizes its individual securities instruments in ascending order to reflect the relative risk of loss
of these instruments. This risk is called Credit Risk,the lower the number,the lower the risk. The three
levels of risk prescribed by generally accepted accounting principles are described below:
Category 1: Insured or registered for which securities are held by the City or its agent in the City's name.
Category 2: Uninsured and unregistered for which securities are held by the counterparty's trust
department or agent in the City's name.
Category 3: Uninsured and unregistered for which securities are held by the counterparty's trust or its trust
department or agent but not in the City's name.
C. Authorized Investments
The City's investment policy and the California Government Code allow the.City to invest in the following
types of investments, subject to certain limitations as described in the City's investment policy:
Securities of the U.S.Government, or its agencies
Certificates of Deposit
Bankers Acceptances
Local Agency Investment Fund(State Pool)Deposits
Repurchase Agreements
Commercial Paper
Mutual Funds
D. Market Risk and Investment Maturities —
The City limits market risk by limiting the types and maturities of its investments and by not borrowing
against its investments. Investment yield is ranked after safety and liquidity in making investment decisions.
All investments are held to maturity and maturities are matched to the City's projected cash flow needs.
Investments matured as follows at June 30:
2000
Available immediately $ 26,742,409
Maturities of less than one year 2,989,230
Maturities of one to five years 19,653,403
Total $ 49,385,042
21 ( ��
i 1
CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000
NOTE#3-CASH AND INVESTMENTS(Continued)
E. Return on Investments
- The City's return on investments comprises only interest income;there were no gains or losses on sales of
securities since all were held to maturity. This income is allocated among funds on the basis of their average
month-end cash and investment balances.
NOTE#4-INTERFUND TRANSACTIONS
A. Interfund Balances
During the normal course of business,individual funds may receive or pay amounts for other funds,giving
rise to interfund receivables or payables,which are liquidated shortly after year-end. These interfund
balances comprised the following at June 30,2000:
Special Revenue Funds:
State Transportation Improvement $ 33,300
Community Development Block Grant 15,700
Transportation Development Act 7,400
56,400
Capital Project Funds:
Traffic Impact fees 4,143
Total $ 60,543
The amounts owed represent General Fund advances for expenditures chargeable to these funds,and will be
repaid in the normal course of business in fiscal year 2001.
1 k
22
7
CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000
NOTE#4-INTERFUND TRANSACTIONS(Continued)
B. Operating Transfers
1�4
With Council approval,resources may be transferred from one City fund to another. The purpose of the
majority of transfers,called operating transfers,is to reimburse a fund,which has made an expenditure on
behalf of another fund. Less often,a residual equity transfer may be made to open or close a fund. Operating
transfers between individual funds during the fiscal year ended June 30,2000 are presented below. The
transfer from the General Fund to Internal Service Funds represents additional funding for future replacement
of certain City fixed assets. •
Fund Making Transfer Fund Receiving Transfer Amount
General Fund Dublin Information Corporation $ 355
General Fund Fire Equipment and Station Replacement-
Internal
Service 361,366
General Fund Building Replacement-Internal Service 569,920
Vehicle Abatement General Fund 6,222
Community Development Block Grant General Fund 5,182
Storm Water Runoff General Fund 6,465
Total $ 949,510
--
NOTE#5-FIXED ASSETS
The City makes capital outlays for general fixed assets and for infrastructure. General fixed assets include land,
buildings and equipment used in City operations. Depreciation is not provided on general fixed assets since the
cost of these assets is accounted for as an expenditure,reducing fund balance in the year they are acquired.
Infrastructure includes roads,bridges,curbs, sidewalks, drainage systems, street and traffic lights and other
improvements used by all citizens. Expenditures for infrastructure are not capitalized.
23 �i
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`" CITY OF DUBLIN
i i NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
1
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Li
1 "; NOTE#5-FIXED ASSETS(Continued)
1 '
Fixed assets balances and activity were as follows:
I i
U
Balance Balance
July 1, 1999 Additions Disposals June 30,2000
General Fixed Assets
' Land $ 212,565 $ 2,066,400 .$ 2,278,965
Equipment 243,670 170,629 414,299
- Buildings&Improvements 5,932,758 5,932,758
Total $ 6,388,993 $ 2,237,029 $ - $ 8,626,022
1 Internal Service Fund
Land $ 6,842,037 $ 6,842,037
-- Buildings&Improvements 15,453,847 $ 1,525,782 16,979,629
Machinery&equipment 2,630,143 876,772 $ 151,777 3,355,138
Total 24,926,027 2,402,554 151,777 27,176,804
___} Less accumulated depreciation • (5,434,072) (762,448) (125,482) (6,071,038)
Net Internal Service Fund $ 19,491,955 $ 1,640,106 $ 26,295 $ 21,105,766
rI
NOTE#6-LONG TERM OBLIGATIONS
_ The City generally incurs long-term debt to finance projects or purchase assets,which will have useful lives
i equal to or greater than the related debt. The City's debt issues and transactions are summarized below and
discussed in detail subsequently.
i A. General Long-Term Debt Account Group
Balance Balance
1 July 1, 1999 Additions Retirements June 30,2000
Bart Long Term Advance $ 1,633,497 $ 98,010 $ 1,731,507
City of Pleasanton 2,839,598 156,121 2,995,719
Alameda County Surplus
Property Authority 1,876,142 100,186 1,976,328
Dublin Unified School District 753,012 $ 251,004 502,008
Total $ 7,102,249 $ 354,317 $ 251,004 $ 7,205,562
24
CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000 F-;
NOTE#6-LONG TERM OBLIGATIONS(Continued)
BART Agreement
In 1990,the City and Bay Area Rapid Transit District(BART)entered into a Settlement Agreement
regarding the City's extension of Dublin Boulevard to the extension of Hacienda Drive. BART advanced the
City$2,285,000 to purchase land and construct the road extensions. The advance was structured with two
components; a Short Term and a Long Term Advance. These projects are now complete.
Short Term Advance: '
The amount provided as a"Short-Term Advance"came due on December 31, 1995. In accordance with a
separate agreement,the amount was repaid by the Alameda County Surplus Property Authority. See the
related note on the Alameda County Surplus Property Authority long-term debt below.
Long Term Advance:
BART's long term advance to the City, including accrued interest as of June 30,2000 is$1,731,507,which
has no specific due date. Under the City's Agreement with BART,interest on the advance accrues at a rate
based on BART's average rate of return on its investments. During the year ended June 30,2000 unpaid
interest incurred was added to the balance owed in the amount of$98,010.The City expects to repay
principal and interest on BART's advance out of developer fees,charges and other non-tax revenues
generated by future development in the area of the BART station. The agreement states that in no event is
the advance to be repaid from the City's General fund or from general revenues. The Agreement provides for
the forgiveness by BART of any principal or interest still outstanding on March 27,2010.
City of Pleasanton
The City has entered into an agreement with the City of Pleasanton for the reimbursement of the cost of
construction of a two-lane access road and the extension of Hacienda Drive. The advance as of June 30,
2000 is$2,995,719,which includes$156,121 interest for the current year. Interest accrues on the
reimbursement at 7.48 percent per year. The reimbursement is to be repaid from proceeds of assessments,
special taxes or fees imposed on the property east of Dougherty Road with no specific due date. The City's
General Fund shall not be obligated to repay this obligation.
Alameda County Surplus Property Authority
The City entered into an agreement with Alameda County Surplus Property Authority for the repayment of
the City's Short Term BART Advance by the Authority. Under the terms of the agreement with the
Authority,interest on the advance shall accrue at a rate based on the Alameda County Treasurers return on
investments. As of June 30,2000 the advance including accrued interest is$1,976,328. The advance is to be
repaid from developer fees, charges,and other non-tax revenues from the benefiting area and has no specific
due date. The City's General Fund shall not be obligated to repay this obligation.
25
CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000
It
NOTE#6-LONG TERM OBLIGATIONS(Continued)
The City has recorded the BART,Alameda County Surplus Authority and the City of Pleasanton advances as
general long-term debt at June 30,2000 because,despite the Agreements' forgiveness clauses,the City is
confident there will be sufficient City revenues generated from traffic impact fees levied on new
development in the Eastern Dublin Specific Plan Area to repay these advances.
Dublin Unified School District
The City has entered into an agreement with the Dublin Unified School District to provide construction and
_ annual funding assistance with the maintenance costs of a gymnasium. The City will reimburse the District
for part of the cost of the construction of the gym in the amount of$1,004,016 in four equal annual payments
beginning in Fiscal Year 1998-99. During the year ended June 30,2000 the second payment of$251,004 was
made. The reimbursement was repaid out of the General Fund. The remaining balance at June 30,2000 is
$502,008.
B. Combining Maturity Schedule- (General Long-Term Debt Account Group and Enterprise Debt):
Annual debt service requirements for long term debt are as follows:
Alameda County
( For the Year City of BART Surplus Dublin.Unified
U} Ending June 30, Pleasanton Agreement Property School District Total
2001 $ 251,004 $ 251,004
2002 251,004 251,004
Li 2003
2004
2005
Thereafter $ 2,995,719 $ 1,731,507 $ 1,976,328 6,703,554
$ 2,995,719 $ 1,731,507 $ 1,976,328 $ 502,008 $ 7,205,562
C. Special Assessment District Debt
The Dublin Boulevard Extension Special Assessment District,formed within City limits,had outstanding
debt with a balance of$1,863,000 at June 30,2000. Proceeds of the debt were used to fmance improvements
within District boundaries. The City has no legal,contingent or moral obligation for the repayment of this
debt and acts solely as the collecting and paying agent for the District and activities of the District are
reported in the Dublin Boulevard Extension Assessment District Agency Fund.
•
26
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CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000
NOTE#7-FUND BALANCES
A. Deficits
The following fund had a deficit balance at June 30,2000:
'^I
Capital Projects Fund:
Traffic Impact Fee Fund $ 4,142
The deficit for this fund will be eliminated through future revenues.
B. Reserves and Designations
Fund equity consists of reserved and unreserved amounts. Reserved fund equity represents that portion of a
fund balance or retained earnings,which has been appropriated for expenditure or is legally segregated for a
specific future use. The remaining portion is unreserved.
A portion of unreserved fund balance may be designated to indicate plans for financial resource use in a
future period,such as for general contingencies or capital projects.
Fund balances are reserved as follows:
• Reserve for prepaids is the portion of fund balance set aside to indicate that these items do not represent
available, spendable resources even though they are a component of assets.
• Reserve for Recycling Programs is the portion of the fund balances set aside for revenue received from
the Alameda County Waste Management Authority to be used solely for recycling.
Fund balances designated by City Council are as follows:
• Designated for cemetery endowment is the portion of fund balance to be retained. This represents funds
transferred by the Dublin Cemetery Association,when the City acquired the cemetery. Interest on this
amount is to be used for maintaining the Dublin Cemetery. In the fiscal year ended June 30,2000
interest earnings on the endowment funds totaled$2,829. Related cemetery maintenance expenditures
net of fees collected were$24,765.
• Designated for economic uncertainty is the portion of fund balance to be used in the event of economic
uncertainty. Designated for authorized expenditures is the portion of fund balance to be used for
expenditures approved by Council.
• Designated for senior center, library, open space and downtown improvement are the portions of fund
balance to be used to partially fund these projects in future years.
ii
27
CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000
NOTE#8-JOINT POWERS AGREEMENTS
The City participates in joint ventures with other municipal entities through Joint Powers Agreements(JPAs)
established under the Joint Exercise of Powers Act of the State of California.
Joint Ventures
- The Cities of Dublin,Pleasanton, and Livermore and the County of Alameda have entered a joint powers
agreement,dated September 15, 1992,under which Alameda County constructed an animal shelter facility on
county property. Certificates of Participation were issued to construct the facility. Under the agreement the
entities will share in the debt service costs of the project based upon their use of the animal shelter. The original
total principal portion of the scheduled debt is $4,523,877..Dublin's share for the 1999-2000 fiscal year,based
upon the statistics of live animals handled in the shelter in calendar year 1998,was$27,735 representing 8.75%
of the debt service requirements. In addition, $79,985 was paid for the City's share of operating expenses.
The City has not recorded an equity interest for the animal shelter agreement. As noted above the ongoing
financial interest is limited to the statistics of live animals handled in the appropriate fiscal year. No Joint
Powers Authority was established as part of this agreement,therefore, separate fmancial statements are not
issued.
I , NOTE#9-RISK MANAGEMENT
A. Risk Pool
The City participates in the ABAG PLAN Corporation,which covers general liability claims in an amount up
to$7,000,000 and property insurance coverage to$100,000,000. The City has a deductible or uninsured
liability for general liability of up to$50,000 per claim. The deductible for property claims is$5,000 per
occurrence,excluding auto claims,which have a$10,000 deductible. Once the City's deductible is met
ABAG PLAN becomes responsible for payment of all claims up to the limit. During the fiscal year ended
' June 30,2000 the City contributed$77,133 current year coverage and received a refund of$55,772 of prior
__ years excess contributions.
ABAG PLAN is governed by a board consisting of representatives from member municipalities. The board
controls the operations of ABAG PLAN including selection of management and approval of operating
budgets,independent of any influence by member municipalities beyond their representation on the Board.
The City's contributions to ABAG PLAN for liability coverage is based on a formula which considers the
ratio of the City's payroll to the total payrolls of all entities participating in the same layer of each program,in
each program year's loss history and population. Actual surpluses or losses are shared according to a
formula developed from overall loss costs and spread to member entities on a percentage basis after a
retrospective rating.
28
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CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS j
JUNE 30,2000
NOTE#9-RISK MANAGEMENT(Continued)
There have been no significant reductions in any of the City's areas of insurance coverage and no settlement
amounts have exceeded coverage.
Audited financial information for ABAG PLAN can be obtained from ABAG PLAN,P.O.Box 2050,
Oakland,CA 94604-2050.
B. Liability for Uninsured Claims-Adoption of GASB 10
The Governmental Accounting Standards Board(GASB)requires municipalities to record their liability for
uninsured claims and to reflect the current portion of this liability as an expenditure in their financial
statements. As discussed, above,the City has coverage for such claims,but it has retained the risk for the
or uninsured portion of these claims in the ABAG PLAN. GASB Statement 10, "Financial
Reporting for Risk Financing and Related Insurance Issues"require that this amount be separately identified
and recorded as a liability.
The City's liability for uninsured claims,limited to general liability claims as discussed above,includes a
provision for IBNR losses. This amount was estimated based on claims experience. Since incorporation in
1982,the City has never had a loss,which exceeded the amount of insurance coverage. The claim liability
for the current and prior years are as follows:
June 30,2000 June 30, 1999 _1
Beginning balance $ 137,210 $ 137,210
Provision for claims 26,153 4,004
Claims paid (26,153) (4,004)
Ending balance $ 137,210 $ 137,210
r-.
The City has obtained a workers'compensation insurance policy from the State Compensation Insurance
Fund,which has no deductible.
29
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CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000
NOTE#10-PENSION PLAN
A. PERS
Plan Description. The City of Dublin's defined benefit pension plan,(Miscellaneous Plan),provides
retirement and disability benefits,annual cost-of-living adjustments,and death benefits to plan members and
beneficiaries. The Miscellaneous Plan is part of the Public Agency portion of the California Public
Employees Retirement System(Ca1PERS),an agent multiple-employer plan administered by Ca1PERS,
which acts as a common investment and administrative agent for participating public employers within the
State of California. A menu of benefit provisions as well as other requirements are established by State
statutes within the Public Employees' Retirement Law. The City of Dublin selects optional benefit
provisions from the benefit menu by contract with Ca1PERS and adopts those benefits through local
ordinance or resolution. Ca1PERS issues a separate comprehensive annual fmancial report. Copies of the
Ca1PERS's annual financial report may be obtained from the Ca1PERS Executive Office—400 P Street—
Sacramento,California, 95814.
Funding Policy. Active plan members in the Miscellaneous Plan are required to contribute 7 percent of their
annual covered salary of which the City pays on behalf of the employees. The City of Dublin is required to
contribute the actuarially determined remaining amounts necessary to fund the benefits for its members. The
actuarial methods and assumptions used are those adopted by the Ca1PERS Board of Administration. The
required employer contribution rate for Fiscal Year 1999-2000 was 1.863 percent for miscellaneous
employees. (Dublin has only miscellaneous employees.) The contribution requirements of the plan members
are established by State statute and the employer contribution rate is established and may be amended by
Ca1PERS.
Annual Pension Cost. For Fiscal Year 1999-2000,the City of Dublin's annual pension cost was$267,564
and was equal to the City's required and actual contributions. The required contribution for Fiscal Year
1999-2000 was determined as part of the June 30, 1998,actuarial valuation(the most recent year available)
using the entry age normal actuarial cost method with the contributions determined as a percent of pay. The
actuarial assumptions included(a) 8.5 percent investment rate of return(net of administrative expenses); (b)
projected salary increases that vary by duration of service ranging from 4.5 percent to 14.95 percent for
miscellaneous members; and(c)zero percent cost-of-living adjustment. Both(a)and(b)include an inflation
component of 4.5 percent. The actuarial value of Miscellaneous Plan's assets was determined using a
technique that smoothes the effect of short-term volatility in the market value of investments over a two to
five year period depending on the size of investment gains and/or losses. Miscellaneous Plan's unfunded
_ actuarial accrued liability(or excess assets)is being amortized as a level percentage of projected payroll on a
closed basis. The remaining amortization period ends June 30,2011.
ii
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CITY OF DUBLIN
rte;
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000
�1 c
NOTE#10-PENSION PLAN(Continued)
Three-year Trend Information for the Miscellaneous Plan
Annual Percentage
Fiscal Year Pension Cost of APC Net Pension Ii
Ending (APC) Contributed Obligation
6/30/98 $ 284,240 100% $ 0
6/30/99 $ 272,816 100% $ 0
6/30/00 $ 267,564 100% $ 0
Funded Status of the Miscellaneous Plan
Actuarial Entry Age Unfunded Annual
Valuation Value of Normal Accrued (Overfunded) Funded Covered UAAL as a
Date Assets Liability Liability Ratio Payroll %of Payroll
6/30/96 $2,421,672 $ 2,806,415 $ (384,743) 115.9% $1,975,983 (19.471)%
6/30/97 2,808,416 3,545,415 (736,999) 126.2% 2,107,245 (34.975)% 7.W
6/30/98 3,305,559 4,557,898 (1,252,339) 137.9% 2,444,573 (51.229)%
B. Social Security n_
The Omnibus Budget Reconciliation Act of 1990(OBRA)mandates that public sector employees who are
not members of their employer's existing retirement system as of January 1, 1992 be covered by either Social
Security or an alternative plan. The City's part-time,seasonal and temporary employees are covered under
Social Security,which requires these employees and the City to each contribute 6.2 percent.of the
employees' pay.
j
NOTE#11-COMMITMENT AND CONTINGENT LIABILITIES
A. Grant Programs
{
The City participates in several Federal and State grant programs.No cost disallowances were proposed as a
result of the City's financial audit;however,these programs are still subject to further examination by the
grantors and the amount,if any,of expenditures,which maybe disallowed by the granting agencies cannot be
determined at this time. The City expects such amounts, if any,to be immaterial.
t
31
CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
a ,
JUNE 30,2000
} NOTE#11-COMMITMENT AND CONTINGENT LIABILITIES(Continued)
B. Litigation
The City is subject to litigation arising in the normal course of business. In the opinion of the City Attorney
there is no pending litigation,which is likely to have a material adverse effect on the financial position of the
City.
C. Developer Agreements
Freeway Improvement Agreement
In 1991,the City of Dublin,the City of Pleasanton and the Alameda County Surplus Property Authority
!_ entered into an agreement for the installation of certain off-ramp improvements adjacent to Interstate 580.
The improvements to be installed have been completed. The City of Dublin agreed to provide future credits
towards development impact fees to the Authority for certain costs related to the installation of the
improvements. These costs include the value of right of way needed to install the improvements,the
construction cost of the improvements as agreed to in the agreement,and accrued interest on the two
aforementioned items. The potential credits are payable from future development impact fees to be collected
II by the City and amount to$4,470,151,including interest, of which the Authority used a total of$3,654,185
generated by this agreement,leaving an unused balance of$815,966 as of June 30,2000. The amount due is
not recorded as indebtedness since the payment is contingent upon the collection of future development
impact fees from development growth,which has not yet occurred.
Reimbursement to City of Pleasanton for Freeway Interchange Work
On January 23, 1996,the City of Dublin adopted a fee for the purpose of reimbursing the City of Pleasanton
for the costs of making improvements to the interchanges on Interstate 580 at Hacienda Drive and Tassajara
Road/Santa Rita Road that benefit development in both Pleasanton and future development in Eastern
Dublin. This reimbursement will occur through the assessment of fees on future development projects in the
City of Dublin. The Cities entered into an agreement on November 3, 1998 to allow for an automatic annual
escalator factor in the amount of the fee assessed to developers based upon the LAIF interest rate and to
repay the City of Pleasanton. The amount of the contingent liability outstanding at June 30,2000 was
$6,476,641,which is net of the$483,458 in payments made by the City of Dublin to reduce this contingent
liability during the year. The accounting for the amount due is not recorded as indebtedness since future
Li payments are contingent upon the future collection of development fees assessed for reimbursement of these
improvements.
E i
32
CITY OF DUBLIN
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
JUNE 30,2000
NOTE#11-COMMITMENT AND CONTINGENT LIABILITIES(Continued) )i
Other Development Agreements
The City of Dublin entered into several agreements with various developers and merchant builders who are
developing numerous residential and commercial projects throughout the City. The City agreed to grant the t,
developers impact fee credits since the developers constructed certain improvements beyond what was
needed to serve their specific projects. The value of credits do not increase for inflation nor do they accrue
interest. Any unused credits may be used by the developers on other projects located elsewhere in the City.
The value of the credits as of June 30,2000,was$33,656,033 after a total of$3,732,423 was used as credits
during fiscal year 1999-2000. The accounting for the amounts due are not recorded as indebtedness since the
payments(use of the credits)are contingent upon the collection of development fees from building growth
that has not yet occurred.
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COMBINING FUND STATEMENTS AND SCHEDULES
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CITY OF DUBLIN
GENERAL FUND
i 1 The General Fund is used to account for all financial resources except those required to be accounted for in
another fund.
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CITY OF DUBLIN
COMPARATIVE BALANCE SHEETS
GENERAL FUND
JUNE 30,2000
(With Comparative Totals for June 30,1999)
I 2000 1999
ASSET
Cash and investments $ 27,616,819 $ 19,053,270
Receivable:
Accounts 1,555,154 1,262,993
Accrued interest 841,359 502,727
Due from other funds 60,543 134,849
Prepaids 13,144 7,027
Total Assets $ 30,087,019 $ 20,960,866
1
LIABILITIES
Accounts payable 3,272,729 2,315,825
Accrued wages 158,520 98,535
Accumulated unpaid general leave 262,319 202,131
Deposits payable 1,017,683 967,678
�
'_1 Liability insurance claims payable 137,210 137,210
Deferred revenues 149,497 149,497
Due to other governments 177,077 21,963
Total Liabilities 5,175,035 3,892,839
s.
FUND BALANCE
Reserved for:
' Prepaids 13,144 7,027
Unreserved
Designated for:
Cemetery endowment 60,000 60,000
Economic uncertainty 1,369,133 1,369,133
Downtown improvements 250,000
Open space 150,000
Library 1,783,857
Senior center 266,098
Authorized expenditures 21,019,752 15,631,867
Total Fund Balance 24,911,984 17,068,027
Total Liabilities and Fund Balance $ 30,087,019 $ 20,960,866
35
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CITY OF DUBLIN
COMBINING STATEMENT OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCES-BUDGET AND ACTUAL
GENERAL FUND ii--,
FOR THE FISCAL YEAR ENDED JUNE 30,2000 ,,
(With Comparative Totals for the Fiscal Year Ended June 30, 1999)
2000 1999
Variance
Favorable ;
Budget Actual (Unfavorable) Actual
REVENUES
Property taxes $ 5,346,600 $ 5,991,816 $ 645,216 $ 4,866,093 ,
4
Taxes other than property 10,949,400 13,691,605 2,742,205 10,209,447 p
Licenses and permits 3,041,520 3,897,965 856,445 2,472,217
Intergovernmental 1,439,880 1,632,441 192,561 1,356,234
Charges for services 3,073,844 3,308,263 234,419 3,482,983 1
Interest 1,128,154 1,254,906 126,752 1,262,400
Use of property 95,060 85,831 (9,229) 90,539
Fines and forfeitures 57,200 84,543 27,343 60,876
Other revenue 1,412,428 726,525 (685,903) 250,889
Total Revenues 26,544,086 30,673,895 4,129,809 24,051,678
P-
EXPENDITURES • \
Current:
�
General government 2,590,199 2,274,914 315,285 3,754,145 ;, i
Public safety 9,526,519 9,485,166 41,353 8,805,457
Highways and streets 855,358 827,141 28,217 776,930
Health and welfare 19,360 19,086 274 16,969
Culture and leisure 3,070,050 2,827,621 242,429 2,248,581
Community development. 4,177,352 4,116,030 61,322 3,606,401
Capital outlay 3,345,010 2,115,204 1,229,806 1,528,154
Debt Service 1"i•
Principal 263,160 251,004 12,156 251,004
Total Expenditures 23,847,008 21,916,166 1,930,842 20,987,641
REVENUES OVER(UNDER)EXPENDITURES 2,697,078 8,757,729 6,060,651 3,064,037
OTHER FINANCING SOURCES(USES) ly1
Operating transfers in 27,600 17,869 (9,731) 39,873
Operating transfers out (931,641) (931,641) (12,219,722)
Total Other Financing Sources(Uses) (904,041) (913,772) (9,731) (12,179,849)
REVENUES AND OTHER FINANCING
SOURCES OVER EXPENDITURES AND
OTHER FINANCING USES $ 1,793,037 7,843,957 $ 6,050,920 (9,115,812) j L
Fund Balance,Beginning of Year .17,068,027 26,183,839
i
Fund Balance,End of Year $ 24,911,984 $ 17,068,027 y
d
36
CITY OF DUBLIN
SCHEDULE OF BUDGET VERSUS ACTUAL
-' REVENUES BY SOURCE
-- GENERAL FUND
f • FOR THE FISCAL YEAR ENDED JUNE 30,2000
(With Comparative Totals for the Fiscal Year Ended.1999)
' 2000 1999
Variance
Favorable
1 B udget Actual (Unfavorable) Actual
_ • Property Taxes
Current Year Secured
•
$ 4,550,000 $ . 5,031,589 $ 481,589 $ 4,098,695
Current Year Unsecured 419,000 468,309 49,309 418,539
Prior Year Secured 97,000 75,159 (21,841) 79,062
Prior Year Unsecured 15,000 11,441 (3,559) 13,295
Supplemental Property Tax 190,000 297,371 107,371 176,741
Pilot Tax 48,600 48,336 (264) 49,454
a • Property Tax Penalties 27,000 59,611 32,611 30,307
Sub-Total _ 5,346,600 5,991,816 645,216 4,866,093
9 •
? 1 Taxes Other Than Property
Sales&Use Tax 9,200,000 11,548,901 2,348,901 8,687,091
Real Property Transfer Tax 297,000 370,946 73,946 282,733
Hotel Transient Occupancy Tax 580,000 808,688 228,688 389,664
I'T Franchise Taxes 872,400 963,070 90,670 849,959
Sub-Total 10,949,400 13,691,605 2,742,205 10,209,447
License and Permits
Building Permits 2,861,000 3,669,480 808,480 2,295,325
r Animal Licenses 4,500 2,845 (1,655) 4,423
1i Encroachment Permits 37,500 70,479 32,979 57,332
Fire Permits 40,520 51,805 11,285 20,523
Business License 98,000 103,356 5,356 94,614
Sub-Total 3,041,520 3,897,965 856,445 2,472,217
Fines and Forfeitures
Parking Fines 26,000 39,692 13,692 26,651
Other Court Fines 29,000 33,315 4,315 31,060
Other Fines&Penalties 2,200 11,536 9,336 3,165
Sub-Total 57,200 84,543 27,343 60,876
Revenue From Use of Money and Property
Interest 1,128,154 1,254,906 126,752 1,262,400
Rents&Concession:
Field Rentals 19,000 23,789 4,789 32,751
Building 48,340 42,075 (6,265) 51,920
Pool 7,040 540 (6,500) 1,248
{ Heritage Center - 4,900 5,125 225 4,620
__' Community Gym 15,780 14,302 (1,478) 0
Sub-Total 1,223,214 1,340,737 117,523 1,352,939
1
j
,r
,,
37
I1
� 1'
CITY OF DUBLIN
SCHEDULE OF BUDGET VERSUS ACTUAL
REVENUES BY SOURCE (Continued)
GENERAL FUND
FOR THE FISCAL YEAR ENDED JUNE 30,2000
(With Comparative Totals for the Fiscal Year Ended 1999) ,
2000 1999
Variance
Favorable
Budget Actual (Unfavorable) Actual -1'
Intergovernmental Revenues-State
Motor Vehicle In-Lieu Tax 1,286,000 1,457,548 171,548 1,268,550
Off Highway Vehicle In-Lieu Fee 450 515 65 444
Homeowner's Property Tax Relief 87,000 98,282 11,282 87,240
Educational Revenue Augmentation Fund 63,731 73,502 9,771 .,
Sub-Total 1,437,181 1,629,847 192,666 1,356,234
Intergovernmental Revenues-County
Tobacco Control Program 2,699 2,594 (105)
Sub-Total 2,699 2,594 (105)
Charges for Services
Zoning&Subdivision Fees 541,500 777,737 236,237 902,600
Plan Check&Inspection Fees 1,371,465 1,249,855 (121,610) 1,629,716
Fire Plan Chk&Insp Fees 92,000 111,486 19,486 97,886 ,
Sale of Maps&Documents 17,000 11,499 (5,501) 15,633
Special Police Services 18,000 21,813 3,813 20,246 '''
Fire Service Charges 251,700 294,666 42,966 214,664
Park&Recreation Fees:
Recreation Instruction 90,700 86,199 (4,501) 80,467 '',
Preschool 53,345 53,638 293 50,999
Special Events 140,270 93,687 (46,583) 25,596 .-
Playgrounds 113,884 123,733 9,849 114,597
Teens 28,415 30,179 1,764 6,998 1,! `'
Adult Sports 58,445 43,161 (15,284) 42,120
Aquatics 119,070 89,629 (29,441) 107,242
Seniors 34,300 23,902 (10,398) 24,699 1
Youth Sports 49,495 48,945 (550) 51,096 H
Heritage Center 1,025 63 (962) 35
Building Use Insurance 3,800 3,762 (38) 4,093
�
Zone 7 Drainage Fees 6,720 5,874 (846) 8,490
tl �
DUI Program 4,100 2,275 (1,825) 3,890 1__g.
Booking Fees Recovery 4,700 64,638 59,938 5,331
Solid Waste Fee 71,000 79,941 8,941 70,809
Internment Fees 2,910 5,460 .2,550 1,275
Annexation Services 86,121. 86,121 4,501 ` s
Sub-Total 3,073,844 3,308,263 234,419 3,482,983 (-�-
Other Revenues - ?
Sale of Real&Personal Property 501,551 409,406 (92,145) 14,805
Contributions 91,089 74,690 (16,399) 8,227 .'�
Miscellaneous 59,500 65,354 5,854 65,879
Reimbursement 755,288 173,850 (581,438) 160,305 "�
Reimbursement-Public Damage 5,000 3,225 (1,775) 1,673 ,,,
Sub-Total 1,412,428 726,525 (685,903) 250,889 4t ;II
Total Revenues By Source $ 26,544,086 $ 30,673,895 $ 4,129,809 $ 24,051,678 tut
38 }w
CITY OF DUBLIN
SCHEDULE OF BUDGET VERSUS ACTUAL
- DEPARTMENTAL EXPENDITURES
-, GENERAL FUND
I{ FOR THE FISCAL YEAR ENDED JUNE 30,2000
(With Comparative Totals for the Fiscal Year Ended 1999)
2000 1999
Variance
Favorable
Li Budget Actual (Unfavorable) Actual
General government
City Council $ 152,305 $ 144,215 $ 8,090 $ 145,936
; . City Manager 376,735 368,092 8,643 331,437
i ! City Attorney 370,140 301,447 68,693 310,558
Central Services 222,712 202,489 20,223
Administrative Services 723,174 606,030 117,144 687,654
Building management 550,831 482,597 68,234 531,818
\' Insurance cost center 169,062 169,062 125,622
Elections cost center 940 904 36 6,335
'-? Nondepartmental 24,300 78 24,222 378
Civic Center Debt Service 1,614 407
Total General Governmental 2,590,199 2,274,914 315,285 3,754,145
Public safety
Police 5,106,217 5,106,217 4,505,598
i Crossing guards 54,760 47,608 7,152 51,697
Animal control 118,735 107,720 11,015 104,137
Disaster preparedness 37,095 37,094 1 35,022
Fire Services 4,209,712 4,186,527 23,185 4,109,003
Total Public Safety 9,526,519 9 485 166 41,353 8,805,457
Highways and streets
T 1 Public works administration 411,653 406,082 5,571 389,595
' Street maintenance 110,568 93,954 16,614 112,085
r Street tree maintenance 46,320 40,288 6,032 49,395
Street landscape maintenance 286,817 286,817 225,855
Total Highways and Streets 855,358 827,141 28,217 776,930
c;
)i Health and welfare
Child care 12,000 12,000 12,000
_- Waste management 7,360 7,086 274 4,969
._. Total Health and Welfare 19,360 19,086 274 16,969
r ,
1
t
39
r_.
CITY OF DUBLIN
SCHEDULE OF BUDGET VERSUS ACTUAL
DEPARTMENTAL EXPENDITURES(Continued)
GENERAL FUND --'
FOR THE FISCAL YEAR ENDED JUNE 30,2000 .
(With Comparative Totals for the Fiscal Year Ended 1999)
'
2000 1999
Variance _u
Favorable
Budget Actual (Unfavorable) Actual
Culture and leisure
Library services 342,994 342,557 437 255,689
Cultural activities 55,285 53,367 1,918 20,000 2-,,,
Heritage Center 56,072 56,072 43,004 1;
Cemetery operations 30,226 30,226 15,010
Park maintenance 757,818 633,590 124,228 533,105
Community cable television 71,886 66,951 4,935 58,047 !.
Parks and community services 1,665,854 1,559,123 106,731 1,323,726
Parks and facilities management 89,915 85,735 4,180 . •
Total Culture and Leisure 3,070,050 2,827,621 242,429 2,248,581
I
Community development
Planning/Building safety 2,397,492 2,397,492 1,805,040
Engineering 1,467,522 1,462,848 4,674 1,685,599 ,'
Economic development 312,338 255,690 •56,648 115,762
PT
Total Community Development 4,177,352 4,116,030 61,322 3,606,401 }
Capital Outlay
General improvements 1,557,107 1,297,741 259,366 68,522
Community improvements 311,439 234,273 77,166 370,234 1i
Parks 683,510 471,638 211,872 735,828
Street construction and improvements 792,954 111,552 681,402 353,570 ji„---
Total Capital Outlay 3,345,010 2,115,204 1,229,806 1,528,154
Debt Service �i
Principal 263,160 251,004 12,156 251,004
Total Debt Service 263,160 251,004 12,156 . 251,004 -I,
Total Expenditures S 23,847,008 $ 21,916,166 $ 1,930,842 $ 20,987,641 ��
r
1
40 i'-',
CITY OF DUBLIN
SPECIAL REVENUE FUNDS
Special Criminal Activity Fund-Established to account for receipt of funds derived from asset forfeitures.
Vehicle Abatement Fund-Established to account for the use of funds received from vehicle registration of
Dublin residents for the towing of abandoned vehicles in city limits.
Supplemental Law Enforcement-Established to account for police expenditures funded by a State grant.
Federal Police Grant-Established to account for police expenditures funded by a Federal grant.
Traffic Safety Fund-Established to account for the receipt of traffic fines and traffic safety expenditures.
State Gas Tax Fund-Established to account for receipt of state gasoline taxes and expenditures.
Community Development Block Grant Fund-Used to account for grants and expenditures related to the
community development block grants.
Transportation Development Act Fund-Established to account for Transportation Development Act grant
receipts and construction expenditures for bike paths and access ramps for the handicapped.
+ ' FEMA Fund-Established to account for expenditures funded with FEMA grants.
Sales Tax Measure B Fund-Established to account for an Alameda County voter approved increase in sales tax
used for improvements on streets and roads.
= State Transportation Improvement—Established to account for grant receipts from the state used for capital
improvements on local streets.
Measure D Recycling Fund-Established to account for the use of funds received which are levied by the
County pursuant to a charter amendment and are provided for recycling and related activities.
_ Garbage Service Fund-Established to account for the use of funds received which are levied by the county for
garbage pick-up and removal and recycling services.
Storm Water Runoff Fund-Established to account for the use of funds received from fees collected to mitigate
pollution within the City without specific sources and to comply with Federal requirements for National Pollution
Discharge Elimination System(NPDES).
EMS Tax Fund-Established to account for excise taxes received to fund the costs of providing Emergency
Medical Services.
Maintenance Districts-Established to account for revenue and related expenditures of lighting and landscape
activities.
41
•
h�
CITY OF DUBLIN
COMBINING BALANCE SHEET
SPECIAL REVENUE FUNDS
JUNE 30,2000
(With Comparative Totals for June 30, 1999)
Special Supplemental Federal
Criminal Vehicle Law Police
Activity Abatement Enforcement Grant
ASSET
Cash and investments $ 34,042 $ 66,436 $ 14,438 $ 151
Receivable: -
Accounts
4,195 1 f
Due from other governments
Ir
Total Assets $ 34,042 $ 70,631 $ 14,438 $ 151
LIABILITIES (
y ,
Accounts payable 13,998 13,185 —(
Due to other funds
Total Liabilities 13,998 13,185
FUND BALANCE
Reserved for recycling programs
Unreserved
)I
Designated for:
Authorized expenditures 20,044 70,631 1,253 151
Undesignated ;
1•
Total Fund Balance 20,044 70,631 1,253 151
Total Liabilities and Fund Balance $ 34,042 $ 70,631 $ 14,438 $ 151
42 fl
Community Transportation Sales Tax State
Traffic State Development Development Measure Transportation
Safety Gas Tax Block Grant Act FEMA B Improvement
$ 47,903 $ 1,556,178 $ 73 $ 21 $ 179,746 $ 357
22,422 57,975 10,349 518,745
$ 667
$ 70,325 $ 1,556,178 $ 58,048 $ 10,370 $ 667 $ 179,746 $ 519,102
3,017 234,899 42,348 2,970 41,022 485,802
15,700 7,400 33,300
3,017 234,899 58,048 10,370 41,022 519,102
67,308 1,321,279 667 138,724
67,308 1,321,279 667 138,724
$ 70,325 $ 1,556,178 $ 58,048 $ 10,370 $ 667 $ 179,746 $ 519,102
(Continued)
43
11 {
CITY OF DUBLIN
COMBINING BALANCE SHEET(Continued)
SPECIAL REVENUE FUNDS
JUNE 30,2000 i-a
(With Comparative Totals for June 30, 1999)
r,
Storm
Measure D Garbage Water
Recycling Service Runoff EMS
ASSET
i
Cash and investments $ 308,682 $ 6,302 $ 5,916
Receivable:
Accounts 17,381 8,459 45,799
Due from other governments
Total Assets $ 326,063 $ 14,761 $ - $ 51,715
LIABILITIES
Accounts payable 13,020 5,916
Due to other funds (q
Total Liabilities 13,020 5,916
FUND BALANCE
Reserved for non-residential programs 93,056
Unreserved
Designated for:
Authorized expenditures 219,987 14,761 45,799
Undesignated
ii
Total Fund Balance 313,043 14,761 45,799
q ('
Total Liabilities and Fund Balance $ 326,063 $ 14,761 $ - $ 51,715
1
l �
I
\; MAINTENANCE DISTRICTS
Dougherty Santa Rita Dublin Street TOTALS
Street Stagecoach Landscape Assessment Light
Lighting Landscape &Lighting District 97-1 Assessment 2000 1999
$ 163,695 $ 36,047 $ 66,773 $ 56,551 $ 18,747 $ 2,562,058 $ 2,117,483
1,767 457 254 40 687,843 136,156
667 78,048
$ 165,462 •$ 36,504 $ 67,027 $ 56,591 $ 18,747 $ 3,250,568 $ 2,331,687
f 1,
22,113 8,966 5,716 159 893,131 350,357
), 56,400 129,000
22,113 8,966 5,716 159 949,531 479,357
i
93,056 79,887
143,349 27,538 61,311 56,591 18,588 2,207,981 1,772,647
(204)
i
143,349 27,538 61,311 56,591 18,588 2,301,037 1,852,330
$ 165,462 $ 36,504 $ 67,027 $ 56,591 $ 18,747 $ 3,250,568 $ 2,331,687
I '
I
45
•
CITY OF DUBLIN
COMBINING STATEMENT OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCE
SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,.2000
(With Comparative Totals for the Fiscal Year Ended June 30, 1999)
Special Supplemental Federal --
Criminal Vehicle Law Police
Activity Abatement Enforcement Grant
REVENUES
Taxes other than property
Intergovernmental $ 19,079 $ 63,659 $ 15,649
Charges for services °?
Interest $ 1,819 3,031 1,819 202
Fines and forfeitures ---;
Other revenue 31,609
Special assessments ^,
Total Revenues 33,428 22,110 65,478 15,851
EXPENDITURES
Current:
Public safety
Police 6,884 65,634 15,741
Emergency medical
Traffic signals and street lights
Highways and streets
Public works administration
Street tree maintenance
Street sweeping
Street landscaping maintenance
Street maintenance
J
Health and welfare
Waste management
Senior Support
Community development-Engineering _;
Capital outlay
General 13,998
Community Improvement
Parks
Str eet Projects
Total Expenditures 20,882 65,634 15,741 r�
REVENUES OVER(UNDER)EXPENDITURES 12,546 22,110
(156) 110
OTHER FINANCING SOURCES(USES)
Operating transfers in
Operating transfers out (6,222)
Total Other Financing Sources(Uses) (6,222)
REVENUES AND OTHER FINANCING ry__1
SOURCES OVER EXPENDITURES AND
OTHER FINANCING USES 12,546 15,888 (156) 110
Fund Balance,Beginning of Year 7,498 54,743 1,409 41
Fund Balance,End of Year $ 20,044 $ 70,631 $ 1,253 $ 151
46i
) , )
'
•
. Community` Transportation Sales Tax State
Traffic State Development Development Measure Transportation
Safety Gas Tax Block Grant Act FEMA • B Improvement
$ 192,662
$ 538,622 $ 72,031 $ • 10,349 $ 518,434
$ 2,021 68,832 5,658
113,371
115,392 607,454 72,031 10,349 198,320 518,434
87,500 34,291
•
lam' 338,456 34,639 160,486
•
7,949
•r 1 6,000
4,295 58,900
11,392 10,349 49,672 357,948
87,500 394,434 66,849 10,349 84,311 518,434
L 27,892 213,020 5,182 114,009
(5,182)
(5,182)
27,892 213,020 114,009
39,416 1,108,259 $ 667 24,715
$ 67,308 $ 1,321,279 $ - $ - $ 667 $ 138,724 $
' I
(Continued)
47
CITY OF DUBLIN
COMBINING STATEMENT OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCE (Continued)
SPECIAL REVENUE FUNDS
r.
FOR THE FISCAL YEAR ENDED JUNE 30,2000
(With Comparative Totals for the Fiscal Year Ended June 30, 1999)
Storm •
Measure D Garbage Water
Recycling Service Runoff EMS
REVENUES
Taxes other than property $ 78,715
Intergovernmental $ 141,293 45,000
Charges for services $ 726,668 $ 6,541
Interest 13,942 6,154 296
Fines and forfeitures
Other revenue 8,992
Special assessments
Total Revenues 164,227 732,822 6,541 124,011
EXPENDITURES •
Current:
Public safety
Police
Emergency medical 79,100
Traffic signals and street lights
Highways and streets
Public works administration
Street tree maintenance
Street sweeping
Street landscaping maintenance
Street maintenance
Health and welfare
Waste management 131,394 734,825 °~
Senior Support
Community development-Engineering
I,
Capital outlay
General
Community Improvement
Parks 8,992
Street Projects
Total Expenditures 140,386 734,825 79,100 I
•
REVENUES OVER(UNDER)EXPENDITURES • 23,841 (2,003) 6,541 44,911
OTHER FINANCING SOURCES(USES)
Operating transfers in
Operating transfers out (6,465)
Total Other Financing Sources(Uses) (6,465)
REVENUES AND OTHER FINANCING
SOURCES OVER EXPENDITURES.AND
OTHER FINANCING USES 23,841 (2,003) 76 44,911
Fund Balance,Beginning of Year 289,202 16,764
(76) 888
Fund Balance,End of Year $ 313,043 $ 14,761 $ - $ 45,799
•
48
MAINTENANCE DISTRICTS
Dougherty Santa Rita Dublin Street TOTALS
Street Stagecoach Landscape Assessment Light
Lighting Landscape &Lighting District 97-1 Assessment 2000 1999
.
$ 271,377 $ 249,246
1,424,116 1,276,801
733,209 706,990
$ 8,041 $ 2,835 $ 3,440 $ 1,819 $ 502 120,411 109,752 •
- 113,371 65,858
669 41,270 25,176
158,136 54,569 56,864 29,400 19,386 318,355 253,175
1 ±! 166,846 57,404 60,304 31,219 19,888 3,022,109 2,686,998
- 88,259 78,445
79,100 81,444
118,537 130 ' 240,458 180,000
_r' 2,438 108 94 570 402 3,612 2,247
1,190 3,029 4,219 7,694
81,727
55,813 74,840 549 131,202 105,652
533,581 265,921
866,219 827,686
7,949 7,044
1,849 694 705 608 640 10,496 57,479
- 13,998
63,195 56,550
8,992 51,301
46,752 28,140 504,253 664,704
169,576 85,945 78,668 1,727 1,172 2,555,533 2,467,894
(2,730) (28,541) (18,364) 29,492 18,716 _ 466,576 219,104
130,266
(17,869) (578,525)
(17,869) (448,259)
(2,730) (28,541) (18,364) 29,492 18,716 448,707 (229,155)
146,079 56,079 79,675 27,099 (128) 1,852,330 2,081,485
S $ 143,349 $ _ 27,538 $ 61,311 $ 56,591 $ 18,588 $ 2,301,037 $ 1,852,330
r ,
1 _1
49
CITY OF DUBLIN
COMBINING STATEMENT OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCE-BUDGET AND ACTUAL
BUDGETED SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2000
Special
Criminal Vehicle
Activity Abatement
Variance Variance
Favorable Favorable C i
Budget Actual (Unfavorable) Budget Actual (Unfavorable)
REVENUES In
Taxes other than property
Intergovernmental $ 15,750 $ 19,079 $ 3,329
Charges for services
Interest $ 385 $ 1,819 $ 1,434 2,890 3,031 141
1
Fines and forfeitures (I C
Other revenue 30,000 31,609 1,609
Special assessments
Total Revenues 30,385 33,428 3,043 18,640 22,110 3,470
EXPENDITURES
Current:
Public safety i L.
Police 14,815 6,884 7,931
Emergency medical
Traffic signals and street lights
Highways and streets
Public works administration
Street tree maintenance
Street landscaping maintenance
Street maintenance
Health and welfare
Waste management
Senior Support
Community development-Engineering
Capital outlay
General 17,665 13,998 3,667
Community Improvement
Parks
Street Projects
Total Expenditures 32,480 20,882 11,598
REVENUES OVER(UNDER)EXPENDITURES (2,095) 12,546 14,641 18,640 22,110 3,470
OTHER FINANCING SOURCES(USES)
Operating transfers out (15,750) (6,222) 9,528
Total Other Financing Sources(Uses) (15,750) (6,222) 9,528
REVENUES AND OTHER FINANCING
SOURCES OVER EXPENDITURES AND
OTHER FINANCING USES $ (2,095) 12,546 $ 14,641 $ 2,890 15,888 $ 12,998
Fund Balance,Beginning of Year 7,498 54,743 ,
Fund Balance,End of Year $ 20,044 $ 70,631 ? "
50 �--;
I I
I
•
Supplemental Federal
■
Law Police Traffic
Enforcement Grant Safety
Variance Variance Variance
Favorable Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
+._: $ 62,570 $ 63,659 $ 1,089 $ 15,649 $ 15,649
1,926 1,819 (107) 202 $ 202 $ 963 $ 2,021 $ 1,058
59,000 113,371 54,371
64,496 65,478 982 15,649 15,851 202 59,963 115,392 55,429
65,634 65,634 15,741 15,741
87,500 87,500
L-A
I,i 4
65,634 65,634 15,741 15,741 87,500 87,500
(1,138) (156) 982 (92) 110 202
(27,537) 27,892 55,429
$ (1,138) (156) $ 982 $ (92) 110 $ 202 $ (27,537) 27,892 $ 55,429
1,409 41 39,416
$ 1,253 $ 151 $ 67,308
(Continued)
51
CITY OF DUBLIN
,
COMBINING STATEMENT OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCE-BUDGET AND ACTUAL(Continued)
BUDGETED SPECIAL REVENUE FUNDS n
FOR THE FISCAL YEAR ENDED JUNE 30,2000
Community }
State Development -
Gas Tax Block Grant
Variance Variance it
Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable)
REVENUES tj
Taxes other than property
li
Intergovernmental $ 530,800 $ 538,622 $ 7,822 $ 72,354 $ 72,031 $ (323)
Charges for services
Interest 55,483 68,832 13,349
Fines and forfeitures
Other revenue 1 Special assessments
1Th
Total Revenues 586,283 607,454 21,171 72,354 72,031 (323)
EXPENDITURES
Current:
Public safety
Police
Emergency medical
Traffic signals and street lights 41,270 34,291 6,979 ,-T
Highways and streets
Public works administration °�
Street tree maintenance
Street landscaping maintenance 14,965 14,965
Street maintenance 338,543 338,456 87 11
Health and welfare
Y
Waste management
Senior Support 9,400 7,949 1,451
Community development-Engineering 6,000 6,000
Capital outlay
General
Community Improvement 122,430 4,295 118,135 59,557 58,900 657 7n---
Parks
Street Projects 108,259 11,392 96,867
•
Total Expenditures 631,467 394,434 237,033 68,957 66,849 2,108
+"1
REVENUES OVER(UNDER)EXPENDITURES (45,184) 213,020 258,204 3,397 5,182 1,785 ,t
OTHER FINANCING SOURCES(USES)
Operating transfers out (6,600) (5,182) 1,418 4
Total Other Financing Sources(Uses) (6,600) (5,182) 1,418
REVENUES AND OTHER FINANCING l
1
SOURCES OVER EXPENDITURES AND
OTHER FINANCING USES $ (45,184) 213,020 $ 258,204 $ (3,203) $ 3,203
Fund Balance,Beginning of Year 1,108,259
Fund Balance,End of Year $ 1,321,279 $ - i
,
H
u
52 f,
S .
Transportation Sales Tax State
C-- Development Measure Transportation
Act B Improvement
Variance Variance Variance
I ,
Favorable Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget _ Actual (Unfavorable)
1
$ 183,800 $ 192,662 $ 8,862
�i $ 43,337 $ 10,349 $ (32,988) $ 1,863,000 $ 518,434 $ (1,344,566)
12,908 5,658 • (7,250)
�Jh
• 43,337 10,349 (32,988) 196,708 198,320 1,612 1,863,000 518,434 (1,344,566)
+�l
4
34,639 34,639 • 160,486 160,486
U
•
,
ti 'r
43,337 10,349 32,988 69,070 49,672 19,398 1,702,514 357,948 1,344,566
43,337 10,349 32,988 103,709 84,311 19,398 1,863,000 518,434 1,344,566
92,999 114,009 21,010
j
' $ - $ - $ 92,999 114,009 $ 21,010 $ - $
24,715
$ $ 138,724 $ -
r
(Continued)
53
n
CITY OF DUBLIN
COMBINING STATEMENT OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCE-BUDGET AND ACTUAL(Continued)
BUDGETED SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2000
Measure D Garbage
Recycling Service
Variance Variance
Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable)
REVENUES
Taxes other than property
Intergovernmental $ 131,400 $ 141,293 $ 9,893
Charges for services $ 729,650 $ 726,668 $ (2,982)
Interest 15,412 13,942 (1,470) 193 6,154 5,961
• Fines and forfeitures
Other revenue 8,992 8,992 -
Special assessments
rTh
Total Revenues 146,812 164,227 17,415 729,843 732,822 2,979
•
EXPENDITURES
Current:
rte°
Public safety
Police
Emergency medical
Traffic signals and street lights
Highways and streets
Public works administration •
Street tree maintenance
Street landscaping maintenance
Street maintenance
Health and welfare
Waste management 131,394 131,394 740,520 734,825 5,695
Senior Support
Community development-Engineering
Capital outlay
General
Community Improvement
Parks 8,992 8,992 •
Street Projects q'
Total Expenditures 140,386 140,386 • 740,520 734,825 5,695
REVENUES OVER(UNDER)EXPENDITURES 6,426 23,841 17,415 (10,677) (2,003) 8,674
OTHER FINANCING SOURCES(USES)
Operating transfers out ra
Total Other Financing Sources(Uses) -
REVENUES AND OTHER FINANCING
SOURCES OVER EXPENDITURES AND
OTHER FINANCING USES $ 6,426 23,841 $ 17,415 $ (10,677) (2,003) $ . 8,674
Fund Balance,Beginning of Year 289,202 16,764
Fund Balance,End of Year $ 313,043 $ 14,761 -]
54 a-^�
- Street Stagecoach
EMS Lighting Landscape
Variance Variance Variance
Favorable Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
$ 82,965 $ 78,715 $ (4,250)
5,250 45,000 39,750
296 296 $ 6,743 $ 8,041 $ 1,298 $ 2,697 $ 2,835 $ 138
2,500 669 (1,831)
143,250 158,136 14,886 54,779 54,569 (210)
h
88,215 124,011 _ 35,796 152,493 166,846 14,353 57,476 57,404 (72)
c
88,143 79,100 9,043
130,165 118,537 11,628
I 2,438 2,438 108 108
2,335 1,190 1,145
55,813 55,813
2,000 1,849 151 694 694
82,600 46,752 35,848 28,140 28,140
88,143 79,100 9,043 217,203 169,576 47,627 87,090 85,945 1,145
72 44,911 44,839 (64,710) (2,730) 61,980 (29,614) (28,541) 1,073
}
$ 72 44,911 $ 44,839 $ (64,710) (2,730) $ 61,980 $ (29,614) (28,541) $ 1,073
888 146,079 56,079
$ 45,799_ $ 143,349 $ 27,538
(Continued)
55
in
CITY OF DUBLIN _`
r�-�,
COMBINING STATEMENT OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCE-BUDGET AND ACTUAL(Continued)
BUDGETED SPECIAL REVENUE FUNDS s,
FOR THE FISCAL YEAR ENDED JUNE 30,2000
Dougherty Santa Rita
Landscape Assessment
&Lighting District 97-1 _
Variance Variance ��
Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable)
REVENUES '-')
Taxes other than property
Intergovernmental -s
Charges for services
Interest $ 4,046 $ 3,440 • $ (606) 1,156 $ 1,819 $ 663 ',
Fines and forfeitures
Other revenue ",t
Special assessments 53,562 56,864 3,302 34,516 29,400 (5,116)
Total Revenues 57,608 60,304 2,696 35,672 31,219 (4,453) 4
EXPENDITURES
Current:
Public safety
Police 1
Emergency medical
Traffic signals and street lights
Highways and streets 'y�r
Public works administration 100 94 6 570 570 r{
Street tree maintenance 6,270 3,029 3,241 4,605 4,605
Street landscaping maintenance 74,840 74,840 37,795 549 37,246 "`}
Street maintenance
Health and welfare '
Waste management
Senior Support
Community development-Engineering 705 705 608 608 f i
Capital outlay i
General
Community Improvement
Parks
Street Projects '
Total Expenditures 81,915 78,668 3,247 43,578 1,727 41,851
REVENUES OVER(UNDER)EXPENDITURES (24,307) (18,364) 5,943 (7,906) 29,492 37,398
OTHER FINANCING SOURCES(USES)
Operating transfers out
Total Other Financing Sources(Uses)
REVENUES AND OTHER FINANCING ■
SOURCES OVER EXPENDITURES AND • i 1
OTHER FINANCING USES $ (24,307) (18,364) $ 5,943 $ (7,906) 29,492 $ 37,398
Fund Balance,Beginning of Year 79,675 27,099 €--
Fund Balance,End of Year $ 61,311 $ 56,591 y
1
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56
Dublin Street
Light
Assessment Total
Variance Variance
Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable)
$ 266,765 $ 271,377 $ 4,612
2,740,110 1,424,116 (1,315,994)
729,650 726,668 (2,982)
385 $ 502 $ 117 105,187 120,411 15,224
59,000 113,371 54,371
32,500 41,270 8,770
22,986 19,386 (3,600) 309,093 318,355 9,262
23,371 19,888 (3,483) 4,242,305 3,015,568 (1,226,737)
96,190 88,259 7,931
88,143 79,100 9,043
$ 14,840 130 14,710 273,775 240,458 33,317
500 402 98 3,716 3,612 104
13,210 4,219 8,991
183,413 131,202 52,211
533,668 533,581 87
871,914 866,219 5,695
9,400 7,949 1,451
640 640 10,647 10,496 151
17,665 13,998 3,667
181,987 63,195 118,792
8,992 8,992 -
2,033,920 504,253 1,529,667
15,980 1,172 14,808 4,326,640 2,555,533 1,771,107
7,391 18,716 11,325 (84,335) 460,035 544,370
(22,350) (11,404) 10,946
(22,350) (11,404) 10,946
_} $ 7,391 18,716 $ 11,325 $ (106,685) 448,631 $ 555,316
(128) 1,851,739
$ 18,588 $ 2,300,370
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CITY OF DUBLIN
CAPITAL PROJECTS FUNDS
Traffic Impact Fees Fund-To account for impact fees received from developers of properties,which can only
be used for the design, development, and construction of street projects within the City.
Public Facilities Fees Fund-To account for impact fees received from developers of properties,which can only
be used for the design,development,and construction of new public facilities within the City.
Park Dedication Fees Fund—To account for park dedication fees received in lieu of property from developers
pursuant to the Quimby Act.
Fire Impact Fees Fund-To account for impact fees received from developers of properties,which can only be
used for the design, development and construction of fire capital expansion projects within the City.
Housing and Noise Mitigation Fees Fund-To account for impact fees received from developers of properties,
which only can be used for the design, development, and construction of citywide affordable housing projects
and noise mitigation projects in Eastern Dublin.
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58
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CITY OF DUBLIN
BALANCE SHEET
CAPITAL PROJECT FUNDS
JUNE 30,2000
(With Comparative Totals for June 30, 1999)
Traffic Public Park
Impact Facilities Dedication
Fees Fees Fees
ASSET
; i
Cash and investments $ 8,447,599 $ 3,266,317 $ 420,542
Escow deposit 4,267,787
Total Assets $12,715,386 $ 3,266,317 $ 420,542
Jt
LIABILITIES �.
Accounts payable 269,315 410,545
Deferred revenues 12,446,070 2,855,772
Due to other funds 4,143
Total Liabilities 12,719,528 3,266,317
FUND BALANCE
Unreserved
Designated for authorized expenditures 420,542
Undesignated (4,142)
Total Fund Balance (4,142) 420,542
Total Liabilities and Fund Balance $12,715,386 $ 3,266,317 $ 420,542
■
59
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Fire Housing and
Impact Noise Totals
Fees Mitigation 2000 1999
$1,192,760 $ 4,153,818 $ 17,481,036 $ 14,123,343
4,267,787
$1,192,760 $ 4,153,818 $ 21,748,823 $ 14,123,343
3,875 683,735 336,924
1,192,760 4,149,943 • 20,644,545 13,338,261
4,143 5,849
1,192,760 4,153,818 21,332,423 13,681,034
420,542 448,158
(4,142) (5,849)
416,400 442,309
$1,192,760 $ 4,153,818 $ 21,748,823 $ 14,123,343
60
CITY OF DUBLIN
COMBINING STATEMENT OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCE
CAPITAL PROJECT.FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2000
(With Comparative Totals for the Fiscal Year Ended June 30, 1999)
Traffic Public Park ; I
Impact Facilities Dedication
Fees Fees Fees
REVENUES
Developer fees $2,600,016 $ 5,661,988 $2,039,862
Total Revenues 2,600,016 5,661,988 2,039,862
EXPENDITURES
Current:
Community development
Capital outlay
General 1,836,748 ,
s ,
Community Improvement n
Parks 164,465 3,825,240 2,067,478
Streets - 2,433,844 .
Total Expenditures 2,598,309 5,661,988 2,067,478
REVENUES OVER(UNDER)EXPENDITURES 1,707 4 '
(27,616)
OTHER FINANCING SOURCES(USES)
Operating transfers in
Operating transfers out
Total Other Financing Sources(Uses) +H
REVENUES AND OTHER FINANCING
SOURCES OVER EXPENDITURES AND
OTHER FINANCING USES 1,707 (27,616)
Fund Balance,Beginning of Year (5,849) 448,158
Fund Balance,End of Year $ (4,142) $ - $ 420,542
if
61 !l
Fire Housing and TOTALS
Impact Noise
Fees Mitigation 2000 1999
$ 22,893 $ 12,390 $ 10,337,149 $ 2,257,955
22,893 12,390 10,337,149 2,257,955
t 12,390 12,390 145
22,893 1,859,641 129,248
12,420
6,057,183 1,180,150
2,433,844 744,202
22,893 12,390 10,363,058 2,066,165
(25,909) 191,790
516,154
(17,587)
498,567
(25,909) 690,357
1 '
442,309 (248,048)
$ - $ - $ 416,400 $ 442,309
-,
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CITY OF DUBLIN
- r--.
COMBINING STATEMENT OF REVENUES,EXPENDITURES AND
CHANGES IN FUND BALANCE-BUDGET AND ACTUAL
CAPITAL PROJECT FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2000
Traffic Public
Impact Facilities
Fees Fees
Variance Variance
Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable)
REVENUES
Developer fees $ 16,765,864 $ 2,600,016 $ (14,165,848) $ 8,826,766 $ 5,661,988 $ (3,164,778)
Total Revenues 16,765,864 2,600,016 (14,165,848) 8,826,766 5,661,988 (3,164,778
EXPENDITURES
—
Current:
Community development
Capital outlay
General 2,114,209 1,836,748 277,461 a
Community Improvement
Parks 164,465 164,465 7,170,435 3,825,240 3,345,195
Streets 17,752,309 2,433,844 15,318,465
}
Total Expenditures 17,916,774 2,598,309 15,318,465 9,284,644 5,661,988 3,622,656
REVENUES OVER(UNDER)EXPENDITURES (1,150,910) 1,707 1,152,617 (457,878) 457,878
OTHER FINANCING SOURCES(USES)
Operating transfers out (5,250) 5,250
Total Other Financing Sources(Uses) (5,250) 5,250
REVENUES AND OTHER FINANCING
SOURCES OVER EXPENDITURES AND
OTHER FINANCING USES $ (1,156,160) 1,707 $ 1,157,867 $ (457,878) $ 457,878
r-�
Fund Balance,Beginning_of Year (5,849)
1r
Fund Balance,End of Year $ (4,142) $ _
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Park Fire Housing and
Dedication Impact Noise
Fees Fees Mitigation
Variance Variance Variance
Favorable Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
1i
$2,182,685 $ 2,039,862 $ (142,823) $ 110,500 $ 22,893 $ (87,607) $ 61,886 $ 12,390 $ (49,496)
2,182,685 2,039,862 (142,823) 110,500 22,893 (87,607) 61,886 12,390 (49,496)
i
61,886 12,390 49,496
r
100,000 22,893 77,107
10,500 10,500
2,112,536 2,067,478 45,058
2,112,536 2,067,478 45,058 110,500 22,893 87,607 61,886 12,390 49,496
70,149 (27,616) (97,765)
-t
r
$ 70,149 (27,616) $ (97,765) $ - $ - $
448,158
l r
$ 420,542 $ - $ -
(Continued)
64 64
II
CITY OF DUBLIN
COMBINING STATEMENT OF REVENUES,EXPENDITURES AND , !
CHANGES IN FUND BALANCE-BUDGET AND ACTUAL(Continued)
CAPITAL PROJECT FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2000
r
Totals
Variance
Favorable
Budget Actual (Unfavorable)
■
REVENUES
Developer fees 27,947,701 $ 10,337,149 (17,610,552) j t
Total Revenues 27,947,701 10,337,149 (17,610,552)
EXPENDITURES
Current:
Community development 61,886 12,390 49,496
Capital outlay
General 2,214,209 1,859,641 354,568
Community Improvement 10,500 10,500
Parks 9,447,436 . 6,057,183 3,390,253
Streets 17,752,309 2,433,844 15,318,465
Total Expenditures 29,486,340 10,363,058 19,123,282
REVENUES OVER(UNDER)EXPENDITURES (1,538,639) (25,909) 1,512,730 -
OTHER FINANCING SOURCES(USES)
Operating transfers out (5,250) 5,250
Total Other Financing Sources(Uses) (5,250) . • 5,250
REVENUES AND OTHER FINANCING
SOURCES OVER EXPENDITURES AND
OTHER FINANCING USES $ (1,543,889) (25,909) $ 1,517,980
Fund Balance,Beginning_of Year 442,309
Fund Balance,End of Year $ 416,400
65
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CITY OF DUBLIN
INTERNAL SERVICE FUNDS
Internal Service funds are used to account for the financing of goods or services provided by one department or
agency to other departments or agencies of the City on a cost reimbursement basis. The City has established
three of these types of funds: Equipment Replacement,Building Replacement, and Fire Equipment and Building
Replacement.
•
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CITY OF DUBLIN
n
COMBINING BALANCE SHEET
INTERNAL SERVICE FUNDS
JUNE 30,2000
(With Comparative Totals for June 30, 1999)
Fire Equipment
Equipment and Station Building
Replacement Replacement Replacement
ASSET
Cash and investments $ 675,974 $ 830,552 $ 878,157
Fixed Assets 488,558 1,217,691 19,399,517
Total Assets $ 1,164,532 $ 2,048,243 $ 20,277,674
LIABILITIES
Accounts payable 6,353
Total Liabilities 6,353
FUND EQUITY
(-"s
Contributed capital 674,874 1,217,691 19,393,927
Retained earnings
Reserved for equipment replacement 483,305 830,552 883,747
Total Fund Equity 1,158,179 2,048,243 20,277,674 �}
Total Liabilities and Fund Equity $ 1,164,532 $ 2,048,243 $ 20,277,674
rI
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1
Totals
2000 1999
$ 2,384,683 $ 1,023,507
21,105,766 19,491,955
$ 23,490,449 $ 20,515,462
6,353 20,806
6,353 20,806
21,286,492 19,597,040
2,197,604 897,616
23,484,096 20,494,656
$ 23,490,449 $ 20,515,462
r �
68
CITY OF DUBLIN
COMBINING STATEMENT OF REVENUES,EXPENSES AND
CHANGES IN RETAINED EARNINGS
INTERNAL SERVICE FUNDS -,
FOR THE FISCAL YEAR ENDED JUNE 30,2000
(With Comparative Totals for the Fiscal Year Ended June 30, 1999)
Fire Equipment
Equipment and Station Building
Replacement Replacement Replacement r-
REVENUES .�
Charges for services $ 312,917 $ 165,575 $ 102,482
Miscellaneous 42,215
Total Revenues 355,132 165,575 102,482
EXPENSES
Depreciation 216,938 133,407 412,103
Services and supplies 102,873 .
I I
Total Expenses 319,811 133,407 412,103
Operating Income(Loss) 35,321 32,168 (309,621)
€
NONOPERATING INCOME(EXPENSES)
Interest Income 29,593 20,606 15,125
■
Nonoperating Income 29,593 20,606 15,125
Income(Loss)Before Operating Transfers 64,914 52,774 (294,496)
OPERATING TRANSFERS IN 361,366 569,920
Net Income(Loss) 64,914 414,140 275,424
Charge to contributed capital for depreciation on
fixed assets acquired with contributions 133,407 412,103
Retained Earnings,at beginning of year 418,391 283,005 196,220 '-'
Retained Earnings,at end of year $ 483,305 $ 830,552 $ 883,747
69 ,
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TOTALS
2000 1999
_J
$ 580,974 $ 726,998
�r 42,215 17,455
623,189 744,453
762,448 686,787
102,873 108,015
865,321 794,802
(242,132) (50,349)
t 65,324 40,085
1_
65,324 40,085
(176,808) (10,264)
931,286
754,478 (10,264)
545,510 503,004
897,616 404,876
$ 2,197,604 $ 897,616
II
70
CITY OF DUBLIN
COMBINING STATEMENT OF CASH FLOWS
ALL PROPRIETARY FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30,2000 s
(With Comparative Totals for the Fiscal Year Ended June 30, 1999)
Fire Equipment
Equipment and Station Building
Replacement Replacement Replacement
if
CASH FLOWS FROM OPERATING ACTIVITIES
Operating income(loss) $ 35,321 $ 32,168 $ (309,621)
Adjustments to reconcile operating income
to cash flows from operating activities:
Depreciation 216,938 133,407 412,103
Net effect of changes in
Accounts payable . (14,453)
Cash Flows from Operating Activities 237,806 165,575 102,482
CASH FLOWS FROM INVESTING ACTIVITIES
Interest received 29,593 20,606 15,125
Cash Flows from Investing Activities 29,593 20,606 15,125
CASH FLOWS FROM CAPITAL AND RELATED
FINANCING ACTIVITIES
Fixed asset purchases (135,707) (5,590)
Cash Flows from Capital and Related
Financing Activities (135,707) (5,590)
CASH FLOWS FROM NONCAPITAL FINANCING
ACTIVITIES
Operating Transfers In 361,366 569,920
Cash Flows from Noncapital
Financing Activities 361,366 569,920
Net Cash Flows 131,692 547,547 681,937
! I
Cash and investments at Beginning of Year 544,282 283,005 196,220
Cash and investments at End of Year
$ 675,974 $ 830,552 $ 878,157 , I
Non-cash investing,capital and financing activities: }^j
Contributed fixed assets $ 111,762 $ 637,597 $ 1,525,782
4 j
71 }y�
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TOTALS
2000 1999
$ (242,132) $ (50,349)
i -
762,448 686,787
(14,453) 18,770
505,863 655,208
I '
65,324 40,085
65,324 40,085
(141,297) (243,040)
(141,297) (243,040)
931,286
931,286
1,361,176 452,253
1,023,507 571,254
$ 2,384,683 $ 1,023,507
I ,f
$ 2,275,141 $ 19,611,189
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CITY OF DUBLIN
AGENCY FUND
Agency funds are used to account for assets held by the City in a fiduciary capacity for individuals,governmental
entities and others. These funds carry out the specifications of trust indentures, ordinance or other regulations.
Dublin Boulevard Extension Assessment District Fund-To account for the special assessment established to
fund the improvements to Dublin Boulevard.
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- CITY OF DUBLIN
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
- AGENCY FUNDS
, FOR THE FISCAL YEAR ENDED JUNE 30,2000
Balance Balance
June 30, 1999 Additions Reductions June 30,2000
' Dublin Boulevard Extension Assessment District
ASSET
_ Cash and Investments $ 191,482 $ 238,750 $ 261,376 $ 168,856
Restricted cash and investments 149,763 8,162 157,925
Accounts Receivable 440 440
Total Assets $ 341,685 $ 246,912 $ 261,816 $ 326,781
LIABILITY
Due to bondholders $ • 341,685 $ 246,912 $ 261,816 $ 326,781
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STATISTICAL SECTION
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-- CITY OF DUBLIN
GOVERNMENTAL EXPENDITURES BY FUNCTION
ALL GOVERNMENTAL FUND TYPES
LAST TEN FISCAL YEARS
•
Fiscal General Facilities Health and Highways Community Culture and Capital
Year Government Rents Public Safety Welfare and Streets Development Leisure Outlay Total
t_.. 1990-1991 $1,873,661 $1,719,820 $5,068,755 $ 26,277 $1,041,627 $1,827,354 $ 1,459,419 $3,403,128 $16,420,041
1991-1992 1,618,391 1,720,670 5,654,056 29,526 1,025,265 1,541,207 1,682,262 5,273,041 18,544,418
L._, 1992-1993 1,347,055 1,718,970 6,014,989 76,729 998,843 1,409,594 1,733,786 2,697,724 15,997,690
1993-1994 1,389,537 1,532,816 6,001,166 542,698 830,936 1,107,770 1,709,218 1,118,384 14,232,525
----I
1994-1995 1,488,844 1,553,744 6,325,219 696,817 944,564 1,354,796 1,765,990 1,370,902 15,500,876
1995-1996 1,392,265 1,604,480 6,986,737 1,183,933 1,043,009 1,832,754 1,847,110 3,338,607 19,228,895
j , 1996-1997 1,691,724 1,496,816 6,968,912 734,423 1,059,275 1,930,723 2,007,715 2,552,912 18,442,500
1997-1998 1,761,818 1,493,348 8,566,630 764,979 1,090,290 2,824,242 2,172,422 2,219,989 20,893,718
1 ' 1998-1999 2,139,738 1,614,407 9,145,346 851,699 1,240,171 3,664,025 2,248,581 4,617,733 25,521,700
'_ r 1999-2000 2,274,914 - 9,892,983 893,254 1,504,050 4,138,916 2,827,621 13,303,019 34,834,757
1--_ Source: City of Dublin Annual Financial Report■
Total Governmental Expenditures
40,000,000
35,000,000
30,000,000
LI 25,000,000 -
p 20,000,000
9
i°0 15,000,000 —
___
10,000,000
L:
5,000,000
O N P) a CD n O D) o
m
r 0) a) o) 0 o
T N A 4 N fD )■ m W ril
Do) O) o) D) D) D) D) a) O) D)
a) rn a) a) m a) D) a) o) w
Fiscal Years
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CITY OF DUBLIN
GENERAL GOVERNMENTAL REVENUES BY SOURCE
ALL GOVERNMENTAL FUND TYPES
LAST TEN FISCAL YEARS
1
Developer
Property Taxes Fees and t
Fiscal /Special Licenses and Inter- Charges for Use of Money Fines/Other
Year Assessments Sales Taxes Other Taxes Permits Governmental Services and Property Revenue Total ■ i
1990-1991 $ 4,072,039 $ 5,839,089 $ 682,508 $ 248,116 $ 2,564,553 $ 1,196,484 $ 1,388,351 $ 465,790 $ 16,456,930
1991-1992 4,083,141 5,293,709 704,774 246,459 2,489,765 1,085,251 1,125,154 1,110,126 16,138,379
1992-1993 3,951,806 5,484,502 842,460 281,921 2,810,875 1,171,564 951,267 175,273 15,669,668
�t
1993-1994 4,149,388 5,969,342 752,363 340,995 1,798,037 1,323,196 1,008,044 422,785 15,764,150
1994-1995 4,307,753 6,470,287 772,630 337,551 2,375,377 1,798,343 1,210,885 648,497 17,921,323
1995-1996 4,185,731 6,760,413 1,006,729 466,199 3,674,119 3,596,000 1,376,647 180,130 21,245,968
1996-1997 4,164,884 7,108,598 1,280,578 1,092,183 2,091,210 2,789,236 1,505,788 309,361 20,341,838
1997-1998 4,628,201 8,025,448 1,538,247 1,398,677 2,159,609 4,045,063 1,670,875 598,977 24,065,097
1998-1999 5,119,268 8,687,091 1,771,602 2,472,217 2,633,035 6,447,928 1,462,691 402,799 28,996,631
1999-2000 6,310,171 11,548,901 2,414,081 3,897,965 3,056,557 14,372,310 1,461,148 965,709 44,026,842
Source: City of Dublin Annual Financial Report
r-
Total Governmental Revenues
50000000
■
45000000
40000000 _1
35000000 •
f
30000000 �61%
c 25000000
0 20000000 -•"'"�^
1- -..
15000000 V--• ".Z"— EQ ..-.�.-..�..�•• �'
10000000
5000000
0
Ii. l7 Q If f, 1- m O,m m O) p, !O m m OI
m
Fiscal Years
I
77 P
CITY OF DUBLIN
ASSESSED VALUE OF TAXABLE PROPERTY
LAST TEN FISCAL YEARS
Utility
State Board Unsecured
Fiscal Year Secured Property Roll Property Total
i
1990-1991 $ 1,195,196,327 $ 4,536,700 $ 90,697,434 $ 1,290,430,461
1991-1992 1,285,655,755 4,536,700 92,379,123 1,382,571,578
1992-1993 1,344,318,745 4,536,700 92,379,123 1,441,234,568
1993-1994 1,400,427,455 4,536,700 97,399,163 1,502,363,318
1994-1995 1,426,206,284 4,497,120 97,359,845 1,528,063,249
1995-1996 1,434,712,474 4,024,540 94,522,217 1,533,259,231
1996-1997 * 1,519,119,484 4,028,118 115,801,947 1,638,949,549
I
1997-1998 1,565,651,517 2,395,606 114,868,090 1,682,915,213
1998-1999 1,782,911,790 2,395,606 115,129,665 1,900,437,061
-
1999-2000 2,220,043,442 2,395,606 131,207,312 2,353,646,360
Source: Alameda County Office of the Auditor-Controller
(All figures shown are net of exemptions.)
*The City annexed approximately 1,530 acres in the eastern part of Dublin in Fiscal Year 1996-1997.
Total Assessed Value of Taxable Property
$2.50 -
I
c $2.00
0
E.
m $1.50 im---11
II
N
III
m $1.00 -
O
N
o $0.50 -
F-
$0.00
I N f7 U) co co O O•
O) O) O) O) p) co n 0I O O
� O) W Q) C) O) co 0) O N
r r r r r r
O r N P) ,. N 6 m
O) o) O) a) C)) o) O Of p) O
r r r
Fiscal Years
78
I
CITY OF DUBLIN -- -
PROPERTY TAX RATES
ALL DIRECT AND OVERLAPPING GOVERNMENTS
LAST TEN FISCAL YEARS
Dublin
Basic San
County Bay Area East Bay Ramon Alameda Total Rate
Fiscal Wide Levy School Flood Zone Rapid Parks Services County Per$1000
Year ($1/$100) Districts State Bonds Transit Bond District Library Valuation
1990-1991 1.0000 0.1003 0.0142 0.0250 0.0032 0.0007 0.0013 1.1447
1991-1992 1.0000 0.0935 0.0133 0.0251 0.0028 0.0010 0.0058 1.1415
1
1992-1993 1.0000 0.0878 0.0132 0.0258 0.0074 * 0.0061 1.1403
1993-1994 1.0000 0.0717 0.0182 0.0240 0.0069 * 0.0060 1.1268
1994-1995 1.0000 0.0799 0.0166 0.0235 0.0066 * 0.0057 1.1323
1995-1996 1.0000 0.0648 0.0191 0.0230 0.0094 * 0.0057 1.1220
1996-1997 1.0000 0.0858 0.0187 0.0225 0.0080 * 0.0056 1.1406
1997-1998 1.0000 0.0831 0.0178 0.0220 0.0081 * 0.0049 1.1359
1998-1999 1.0000 0.0727 0.0163 0.0167 0.0092 * 0.0057 1.1206
1999-2000 1.0000 0.0534 0.0145 0 0.0065 * 0 1.0744
Source: Alameda County Office of The Auditor-Controller
Rates Shown for Tax Code Area 26-001 which in Fiscal Year 1998/99 represents approximately 75%
of total assessed value citywide.
*No longer assessed, bonded debt fully repaid.
,
79
CITY OF DUBLIN
COMPUTATION OF LEGAL DEBT MARGIN
June 30, 2000
Assessed valuation:
Assessed value $2,353,646,360
Add back exempt real property $ 32,383,523
Total Assessed Value $2,386,029,883
Legal debt margin:
Debt limitation- 15 percent of total assessed value $ 357,904,482
ii
Percent of debt limit authorized and issued 0.00%
Source: City of Dublin Finance Department
Excludes 1915 Act Bonds since they are not
F,, General Obligation Debt of the City of Dublin.
•
I I
i 1
80
i �
CITY OF DUBLJN
COMPUTATION OF DIRECT AND OVERLAPPING DEBT
June 30,2000
r�y
_ f
Net Debt
Percentage Outstanding
• Applicable to Applicable to City
of Dublin of Dublin
Jurisdiction
OVERLAPPING TAX AND ASSESSMENT DEBT: ,
Dublin Joint Unified School District 99.810% $ 36,652,109
East Bay Regional Park District 1.521% $ 2,746,698
City of Dublin 1915 Act Bonds 100.000% $ 1,863,000
TOTAL OVERLAPPING TAX AND ASSESSMENT DEBT $ 41,261,807
DIRECT AND OVERLAPPING GENERAL FUND OBLIGATION DEBT:
Alameda County General Fund Obligations 2.550% $ 15,976,016
Alameda County Pension Obligations 2.550% $ 13,180,649
Alameda County Superintendent of Schools Certificates of Participation 2.550%
$ 168,810
Alameda-Contra Costa Transit District Certificates of Participation 0.001% $ 243
Chabot-Las Positas Com'ty College District Certificates of Participation 5.733% $ 319,041
Dublin Joint Unified School District Certificates of Participation 99.810% $ 369,297
TOTAL DIRECT AND OVERLAPPING GENERAL FUND OBLIGATION DEBT $ 30,014,056
COMBINED TOTAL DEBT $ 71,275,863 (1)
Ratios to Assessed Valuation:
Total Overlapping Tax and Assessment Debt. 1.75%
r,
Combined Total Debt 3.58% .
i
STATE SCHOOL BUILDING AID REPAYABLE AS OF 6/30/2000: $0
(1) Excludes tax and revenue anticipation notes; revenue,mortgage revenue and tax allocation bonds,and non-bonded -
capital lease obligations.
Souce: California Municipal Statistics,Inc.
81 � �
Ej
CITY OF DUBLIN
DEMOGRAPHIC STATISTICS •
LAST TEN FISCAL YEARS
City Rank in
Alameda Population Size of
Fiscal City County %of California
Year Population Population County Cities
1990-1991 23,500 1,293,000 1.82% 230
_J
1991-1992 25,162 1,313,300 1.92% 222
1992-1993 25,853 1,337,126 1.93% 224 •
1993-1994 26,270 1,347,930 1.95% 225
1994-1995 26,581 1,362,893 1.95% 228
1995-1996 26,267 1,356,102 1.94% 226
1996-1997 25,544 1,371,793 1.86% 225
, 1997-1998 26,725 1,401,227 1.91% 224
{--' 1998-1999 28,707 1,433,309 2.00% 222
1999-2000 33,250 1,434,162 2.32% 201
,
Source: State of California Department of Finance-Population Research Unit
City Population
35,000
30,000 -
25,000
_" m
N
C 20,000
o
5 15,000 -
a
0
a.
10,000
5,000
i_
_ 0
m o cn a m m m o m o
__ al W m m W 0I a) W a) N
• m a) W 0 Q7 W 07 ^ W W
Fiscal Years
._?
1 82
CITY OF DUBLIN
PROPERTY VALUE,CONSTRUCTION AND BANK DEPOSITS
LAST TEN FISCAL YEARS
i
.
Total
Number of Commercial Residential ■—_'
Fiscal Permits Construction Construction
Year Issued Value Value Bank Deposits*
1990-1991 752 $ 7,604,547 $ 8,074,458 $ 450,215,000
1991-1992 798 9,759,533 5,005,547 517,540,000
1992-1993 828 5,477,619 7,732,367 533,885,000
1993-1994 721 8,162,579 3,490,667 555,554,000
1994-1995 739 6,718,045 2,368,943 549,989,000
1995-1996 814 4,927,911 15,638,274 545,407,000
1996-1997 790 6,855,980 64,610,527 611,507,000
1997-1998 1020 29,159,270 83,205,153 641,921,000 1
1998-1999 1552 93,428,185 135,438,240 687,763,000 -
1999-2000 2521 107,242,721 180,258,804 Not Available r--i
Source: Findley Reports, Inc. and City of Dublin Building Department Status Reports
* Bank Deposits represents the amount of cash deposits held by financial institutions
within the City of Dublin.
--tv-- Commercial Construction Value fl
—,A—Residential Construction Value
200,000,000
180,000,000 -
160,000,000 - _
r--
s 140,000,000 I
g 120,000,000
1 100,000,000 _ --.
FM
`a 80,000,000 _. --
p 60,000,000
40,000,000 --, - __
20,000,000 ---,
o -- 4 -T-
in
0) 00)) Off) 00)) 0I co
a = m 00I 0 ±
O N l7 d' N (0
0L 0) 0) 0) 0) 0) 0) 0) 00)
Cil
0)
cn
83
CITY OF DUBLIN
• SCHEDULE OF 1993 CERTIFICATES OF PARTICIPATION COVERAGE
FISCAL YEARS ENDED 1994-1999
Debt Service Requirement
Direct
Operating Net Revenue
Fiscal Gross Expenses Available for
Year Revenue(1) (2) Debt Service Principal Interest(3) Total Coverage
1993-1994 $1,564,715 $ 12,874 $ 1,551,841 $910,000 $ 622,816 $1,532,816 101.24%
1994-1995 1,565,843 18,821 1,547,022 645,000 908,744 1,553,744 99.57%
1995-1996 1,594,060 18,518 1,575,542 705,000 916,027 1,621,027 99.70%
1996-1997 1,592,322 4,211 1,588,111 730,000 887,518 1,617,518 98.18%
1997-1998 1,598,447 8,385 1,590,062 765,000 856,351 1,621,351 98.07%
1998-1999 1,671,633 518 1,671,115 920,000 935,707 1,855,707 90.05%
(1) Gross Revenue includes Facilities Rent and Interest Income.
(2) Direct Operating Expenses excludes Interest and Depreciation.
(3) Excludes Amortization of Bond Discount.
Source: City of Dublin Annual Financial Report
Note: Available reserves from the General Fund were used to retire the remaining$13,850,000 outstanding on this
bond issue on February 1, 1999.
84
1
CITY OF DUBLIN
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM
FUNDING ANALYSIS ��{
FISCAL YEARS 1989-1998
Percent of
Overfunded
Pension -,.
Benefit
Overfunded Obligation to
Net Assets Pension Pension Annual Annual
Fiscal Available for Benefit Percent Benefit Covered Covered
Year Benefits Obligation Funded Obligation Payroll Payroll
1988-1989 485,870 433,477 112.09% 32,393 1,034,010 5.07%
1989-1990 673,728 582,374 115.69% 91,354 1,241,152 7.36%
1990-1991 871,272 718,724 121.22% 152,548 1,507,749 10.12%
1991-1992 1,132,606 1,016,722 111.40% 115,884 1,529,925 7.57% -�
1992-1993 1,413,587 1,253,650 112.76% 159,937 1,487,441 10.75%
1993-1994 1,942,820 1,423,400 136.49% 519,420 1,590,481 32.50%
1994-1995 2,333,930' 1,771,930 131.72% 562,010 1,853,180 30.50%
1995-1996 2,911,120 2,107,420 138.14% 803,700 1,853,180 43.37% '__
1996-1997 3,545,415 2,808,416 126.24% 736,999 2,107,245 34.97% ��
1997-1998 4,557,898 3,305,559 137.89% 1,252,339 2,444,573 51.23%
{^:
The above information represents the ten years of data available at the time this report was prepared.
Prior to 1994,Assets were shown at book value. Beginning in 1994, the assets are shown at actuarial value
(smoothed market value)'
Source: California Public Employees Retirement System. (PERS) • H!
—1
--1I
L
85
I �
CITY OF DUBLIN
PROPERTY TAX LEVIES AND COLLECTIONS
LAST TEN FISCAL YEARS
Percent of
Total Total Tax
Fiscal Property Property Tax Collected to
Year Tax Levied Collected Tax Levied
1990-1991 $3,570,018 $3,399,795 95.23%
1991-1992 3,860,349 3,611,824 93.56%
1992-1993(1) 3,597,733 3,432,895 95.42%
1993-1994 3,735,472 3,632,944 97.26%
( `i
1994-1995 3,836,151 3,614,558 94.22%
1995-1996 3,833,915 3,614,671 94.28%
I� t
1996-1997 3,921,703 3,713,665 94.70%
1997-1998 4,184,413 4,074,407 97.37%
1998-1999 4,798,501 4,517,234 94.14%
r-,
1999-2000 5,765,531 5,499,897 95.39%
(1) In Fiscal Year 1992/93, state law was enacted which permanently
reduced the City's share of the property tax levy and shifted it to the
schools. Amount levied for all subsequent years is net of property tax shift
to schools.
Source: HDL Coren&Cone and
Alameda County Office of the Auditor-Controller
86
CITY OF DUBLIN
PRINCIPAL PROPERTY TAXPAYERS
(Based on Secured 1999/2000 Tax Roll)
JUNE 30,2000
Percent of Total
Assessed Value Assessed Value
Taxpayer
r-,
1. Hong Y. Lin & L. Hong & S. Chang $48,726,345 2.04%
2. Albertsons Inc. 34,860,416 1.46%
3. Rafanelli & Nahas 30,193,715 1.27%
4. Dublin Ranch OA 25,485,296 1.07%
5. Bay Apartment Communities Inc. 23,630,461 0.99%
6. Pacific Gulf Properties Inc. 23,000,000 0.96% r-,
7. US Property Fund GMBH & Company 22,306,826 0.93%
8. Northwestern Mutual Life Insurance 20,648,456 0.87%
9. Security Capital Pacific Trust 18,367,843 0.77%
10. St. Michael Investments 17,421,855 0.73%
11. Phoenix Mutual Life Insurance Company 16,406,812 0.69%
12. Creekside North Trust 16,121,400 0.68%
13. Brett G. & Lisa Jensen 15,499,295 0.65%
14. Jefferson at Dublin Limited Partnership 14,536,000 0.61%
15. First Security Bank National Association 14,018,503 0.59%
• 16. Amador Lakes Associates 13,027,809 0.55% '
17. Dublin Spring Inc. 12,969,807 0.54%
18. Opus West Corporation 12,136,602 0.51%
19. PFRS Dublin Corporation 11,910,803 0.50%
20. Dublin Hotel Venture Limited 11,073,851 0.46%
21. Chevron U.S.A. 10,461,657 0.44%
22. Montgomery Ward Development Corporation 10,148,619 0.43%
23. Summerglen LLC 9,556,000 0.40%
24. PREF American REIT Corporation 9,525,651 0.40%
25. Warmington Hansen Associates Limited Partnership 7,544,242 0.32%
Total $449,578,264 18.86%
Source: HDL Coren & Cone,Alameda County Assessor Combined Tax Rolls
r--
87 —}
CITY OF DUBLIN
TOP 25 SALES TAX PRODUCERS
1998-1999
BUSINESS NAME BUSINESS CATEGORY
Alameda County Auction Used Automotive Dealers
Automatic Rain Co. Light Industrial/Printers
Babies R Us Family Apparel
Bed Bath & Beyond Home Furnishings
Best Buy Radio/Appliance Stores
Circuit City Radio/Appliance Stores
Crown Chevrolet New Motor Vehicle Dealers
Dublin Honda New Motor Vehicle Dealers
Dublin Nissan New Motor Vehicle Dealers
; Dublin Toyota New Motor Vehicle Dealers
F A A Auto Factory Trailers/Auto Parts
General Pool &Spa Supply Light Industrial/Printers
Good Guys Radio/Appliance Stores
Mervyn's Department Stores
Micro Porcelain Dental Lab Health Services
Office Club Office Supplies/Furniture
Old Navy Clothing Men's Apparel
Orchard Supply Hardware Hardware Stores
Polystor Light Industrial/Printers
Shamrock Ford/Autonation New Motor Vehicle Dealers
Sprinkler Irrigation Specialists Lumber/Building Materials
Stoneridge Motors New Motor Vehicle Dealers
T J Maxx Family Apparel
Target Discount Department Stores
Toys R Us Specialty Stores
Percent of Total City Sales Tax Paid By Top 25 Accounts= 75%
Firms Listed Alphabetically
Period: April 1999 thru March 2000
•
Source: HDL Coren &Cone, State Board of Equalization
88
CITY OF DUBLIN -__
MISCELLANEOUS STATISTICAL DATA
JUNE 30,2000
1I
Date of Incorporation February 1982 FIRE PROTECTION:
Form of Government Council/Manager Alameda County Fire Department
Employees(City and Contract) 153 Number of Stations 2
Population 33,250 Number of Fire Personnel 29.25 r
Area 12.20 Sq.Miles
Miles of Streets 62.91 POLICE PROTECTION:
Miles of Curbs 171.5 Number of Stations 1
Sigriplized Intersections 31 Number of Sworn Police Officers 36
Number of Street Lights 2,173 Number of Civilian Support Personnel 6 1
PARKS AND RECREATION: COMMUNITY FACILITIES:
Parks 11 Dublin Civic Center
Acres in Parks 175.75 Dublin Senior Center
Shannon Community Center
Number of Registered Voters. 12,166 Dublin Swim Center
(As of September 2000) Dublin Sports Grounds
Heritage Center
EDUCATION:
I. Public
Elementary Schools 1 III. Private Schools Enrollment as of
Middle School 1 September 2000:
High School 1 Valley Christian:
Continuation 1 Elementary 750
Junior High 176
High School. 297
II. Public School Enrollment St.Philip Lutheran Elementary(K-8th) 228
September 1990 3,150 St.Raymonds Catholic School(K-8th) 297
September 1991 3,173 Montessori Fountainhead(Preschool-K) 216497
September 1992 3,379 Total Private School Enrollment 1912 1-1
September 1993 3,511
September 1994 3,550
September 1995 3,580
September 1996 3,715
September 1997 3,794 �I
September 1998 3,881
September 1999 3,892
September 2000 4,088
Source: City of Dublin and Dublin Unified School District Records
89
1