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Comprehensive Annual Financial Report
For Fiscal Year Ended June 30, 1995
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Prepared by
FINANCE DEPARTMENT
CITY OF DUBLIN
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DUBLIN, CALIFORNIA
COMPREHENSIVE
ANNUAL FINANCIAL REPORT
FOR THE YEARS ENDED
JUNE 30,1995 AND JUNE 30,1994
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Prepared by
FINANCE DEPARTMENT
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CITY OF DUBLIN
Comprehensive Annual Financial Report
For the Years Ended June 30, 1995 and 1994
Table of Contents
INTRODUCTORY SECTION
Page
Tableof Contents ................................................................................................... ............................... i
Elected Officials and Administration Personnel ................................................. ............................... ry
OrganizationalChart ............................................................................................... ..............................v
GFOA Certificate of Achievement for Excellence
inFinancial Reporting ......................................................................................... ............................... vi
CSMFO Certificate of Award for Outstanding
FinancialReporting P g ................................................................ ............................... ............................ vii
Letterof Transmittal ............................................................................................ ............................... ix
FINANCIAL SECTION
Independent Auditor's Report ............................................................................... ..............................1
General Purpose Financial Statements
Combined Balance Sheets - All Fund Types and
AccountGroups ...................................................................................................... ..............................4
Combined Statements of Revenues, Expenditures
and Changes in Fund Balances - All Governmental
FundTypes ............................................................................................................. ..............................7
' Combined Statement of Revenues, Expenditures and
Changes in Fund Balances - Budget and Actual -
All Governmental Fund Types .............................................................................. ..............................8
' Combined Statements of Revenues, Expenses and
Changes in Retained Earnings - All Proprietary Fund Types ........................... ............................... 10
' Combined Statements of Cash Flows - All Proprietary Fund Types ................ ............................... 11
Notes to General Purpose Financial Statements ................................................ ............................... 12
CITY OF DUBLIN
Comprehensive Annual Financial Report
For the Years Ended June 30, 1995 and 1994
Table of Contents
Page
Combining Fund Statements and Schedules
General Fund
Comparative Balance Sheets .............................................................................. ............................... 34
Statements of Revenues, Expenditures and Changes
in Fund Balance - Budget and Actual ................................................................ ............................... 35
Schedule of Budget Versus Actual Departmental Expenditures ....................... ............................... 36
Special Revenue Funds
CombiningBalance Sheets ................................................................................. ............................... 38
Combining Statements of Revenues, Expenditures
and Changes in Fund Balances .......................................................................... ............................... 40
Combining Statement of Revenues, Expenditures
and Changes in Fund Balances - Budget and Actual ........................................ ............................... 42
Capital Projects Funds
CombiningBalance Sheets ................................................................................. ............................... 52
Combining Statements of Revenues, Expenditures
and Changes in Fund Balances .......................................................................... ............................... 53
Combining Statement of Revenues, Expenditures
and Changes in Fund Balances - Budget and Actual ........................................ ............................... 54
Agency Funds
Combining Statement of Changes in Assets and Liabilities .............................. ............................... 58
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CITY OF DUBLIN
Comprehensive Annual Financial Report
For the Years ended June 30, 1995 and 1994
ISTATISTICAL SECTION
P8a
Governmental Expenditures by Function - All
Governmental Fund Types - Last Ten Fiscal Years ......................................... ............................... 60
General Governmental Revenues by Source - All
Governmental Fund Types - Last Ten Fiscal Years ......................................... ............................... 61
Assessed and Estimated Actual Value of
Taxable Property - Last Ten Fiscal Years ......................................................... ............................... 62
Property Tax Rates - All Overlapping Governments -
LastTen Fiscal Years ........................................................................................ ............................... 63
Computation of Legal Debt Margin ................................................................... ............................... 64
Computation of Direct and Overlapping Debt ................................................... ............................... 65
Demographic Statistics - Last Ten Fiscal Years ................................................ ............................... 66
Property Value, Construction, and Bank Deposits -
LastTen Fiscal Years ........................................................................................ ............................... 67
Schedule of 1985 Certificates of Participation
Coverage - Fiscal Years 1985 - 1988 .................................................................. ............................... 68
Schedule of 1988 Certificates of Participation
Coverage - Fiscal Years 1989- 1993 .................................................................. ............................... 69
Schedule of 1993 Certificates of Participation
Coverage - Fiscal Years 1994 - 1995 .................................................................. ............................... 70
California Public Employees Retirement System
Funding Analysis - Fiscal Years 1986 - 1993 ..................................................... ............................... 71
Property Tax Levies and Collections -
LastTen Fiscal Years ........................................................................................ ............................... 72
PrincipalProperty Taxpayers ............................................................................. ............................... 73
Top25 Sales Tax Producers ............................................................................... ............................... 74
MiscellaneousStatistical Data ........................................................................... ............................... 75
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Vice Mayor
Dave Burton
Councilmember
Lisbeth Howard
CITY OF DUBLIN
ELECTED OFFICIALS
June 30, 1995
Mayor
Guy Houston
ADMINISTRATION PERSONNEL
City Manager
Assistant City Manager
City Attorney
City Clerk
Chief of Police
Public Works Director
Planning Director
Building Official
Parks and Community Services Director
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Councilmember
Valerie Barnes
Councilmember
Paul C. Moffatt
Richard C. Ambrose
Paul Rankin
Elizabeth Silver
Kay Keck
Jim Rose
Lee Thompson
Laurence L. Tong
Kenneth C. Petersen
Diane Lowart
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City of Dublin
Organizational Chart
Parks & Community
Services Commission
Senior Center Advisory
Committee
Heritage Center Advisory
Committee
Police Services I I Building &
Safety
Parks &
Community
Services
Library Service
Cultural Activities
Heritage Center
Dublin Cemetery
Residents of Dublin
City Council
City Manager
City Clerk
Elections
Economic Development
Administrative
Services
Finance
Animal Control
Central Services
- Personnel
-Data Processing
- Insurance
- Disaster Preparedness
-Waste Management
-Cable TV
- Public Information
Planning
Commission
Public Works
Building Mgmt.
Traffic Signals
Street Lighting
Street Maint.
Street Sweeping
Street Tree Maint.
St. Landscape Maint.
Park Maintenance
Engineering
City Attorney
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Planning Fire Services
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, 1994
A Certificate of Achievement for Excellence in Financial
Reporting is presented by the Government Finance Officers
Association of the United States and Canada to
government units and public employee retirement
systems whose comprehensive annual financial
reports (CAFRs) achieve the highest
standards in government accounting
and financial reporting.
President
yz�(7 L!�;t
Executive Director
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California Society Of
c7�funicipal 3inance Off-tcers
Certificate of Award
Outstanding Jinancial Teporting 1993-94
Presented to
City of Tublin
`this certificate is issued in recognition of meeting professional standards and criteria in reporting which reflect a high level of quality
in the annual financial statements and in the underlying accounting system from which the reports were prepared.
Ai ebruary 27,199S
c�u, Tofu &��
e- dicated to Excellence in J%nicipal financial ckanagement
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' November 27, 1995
CITY OF DUBLIN
P.O. Box 2340, Dublin, California 94568 • City Offices, 100 Civic Plaza, Dublin, California 94568
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, 1995. The responsibility for the accuracy and fairness of this report rests with the City.
INTRODUCTION
The format of this report exceeds the minimum requirements and information typically included in an annual
financial audit. The report is intended to conform to the guidelines of the Government Finance Officers
Association. The data is presented in a manner which is designed to fairly set forth the financial position of the
City. Financial activity within the various funds is measured to display the results of City operations. The report
contains the necessary disclosures to promote an in -depth understanding of the City's financial affairs.
' REPORT FORMAT
The Comprehensive Annual Financial Report contains information which has been divided into the following
' three main sections:
Introductory Section : This consists of. the table of contents; letter of transmittal; directory of
' elected officials and staff; GFOA and CSMFO awards; and a city organization chart. This section
is intended to assist the reader and provide a narrative overview of the entire report.
' Financial Section : This consists of the independent auditor's opinion; general purpose financial
statements and notes; and combining and account group 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. 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
t (GASB) and includes the report prepared by City's independent certified public accountants, Maze & Associates,
Walnut Creek, California.
' REPORTING ENTITY AND ITS SERVICES
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., a separate legal entity has been
included in the primary reporting entity. This is a non profit corporation originally formed by the City to reduce
the cost of producing and distributing public information throughout the community. The functions were
expanded in 1985 to include financing for the construction of a new Civic Center. The project was completed
'and occupied in 1989. Pursuant to the financing arrangements with Dublin Information, Inc. the Civic Center
project is leased from the corporation, with the City making annual payments from its General Fund. These
' Administration (510) 833 -6650 • City Council (510) 833 -6605 • Finance (510) 833 -6640 • Building Inspection (510) 833 -6620
Code Enforcement (510) 833 -6620 • Engineering (510) 83x3 -6630 • Parks & Community Services (510) 833 -6645
Police (510) 833 -6670 • Public Works (51i0) 833 -6630 - Planning (510) 833 -6610
annual payments are used by Dublin Information, Inc. to make principal and interest payments to the holders of
the Certificates of Participation.
The City of Dublin is a General Law city, incorporated in 1982. The City operates under the Council - Manager
form of government. The five member City Council is the political and legislative body. The Mayor is directly
elected and serves a two year term. The four City Councilmembers serve staggered four year terms. The City
Council is empowered to take actions in accordance with the General Laws of the State of California. The City
Council responsibilities include: formulation of City policies, including a fiscal program; determination of the
level of City services to be provided; and appointment of the City Manager, City Attorney and Auditor.
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Citizens of the City of Dublin also assist the City Council in forming government policy. The City Council '
appoints members of commissions and committees such as: Planning Commission, Parks & Community
Services Commission, Senior Center Advisory Committee, and Heritage Center Advisory Committee.
The basic structure for City operations is commonly referred to as a "contract city." Many of the typical
municipal services are provided through a contract with public or private entities. For example, Police Services
are provided by the Alameda County Sheriff. Street and Park and Building Maintenance Services are provided
by MCE Corporation and other private contractors. For Fiscal Year 1994 -95 the City had a total of 36 Full Time
positions which provide services as City employees. An additional 46 positions were employees of the City's
Contractors and were assigned to work solely within the City of Dublin operations.
Fire Suppression and Prevention Services are provided by the Dougherty Regional Fire Authority. This is a
Joint Powers Authority, which is a legally distinct entity, formed by the cities of Dublin and San Ramon. Each
City makes payments for its pro -rata share of the annual costs associated with the independent Authority.
SAY OF THE LOCAL ECONOMY
The City of Dublin is located at the intersection of Intestates 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.
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The largest employers include: public agencies such as; County of Alameda Correctional Facility, Dublin
Unified School District and United States Department of Justice Correctional Facility; corporate offices such as '
Great Western Bank regional office; and retailers such as; Montgomery Wards, Toys R Us, Target Stores,
Home Express, and Mervyns.
Although the City has been impacted by the economic recession in recent years, in Fiscal Year 1994/95 some of
the City's General Fund Revenues performed better than anticipated. For example, General Fund Sales Tax in
1994 -95 increased by 8.4% over the prior year ($6,470,287 in FY 94/95 vs. $ 5,969342 in FY 93/94). A
significant amount of the City's retail sales are attributable to the auto industry which had improved sales in the
past year. In addition, the City had new retail outlets open during the year including a new Home Express store
developed in conjunction with a complete facade renovation of one of the City's shopping centers.
The future economic outlook for the City is geared towards enhancing the City's existing economic base, while
providing opportunity for further expansion. There is the ability to accommodate significant new development
projects in the City's Eastern Dublin Specific Plan Area. In Fiscal Year 1994/95 the City completed the rezoning
of the first major parcel in the Specific Plan Area, which will provide additional retail opportunities. Although
opportunities exist for additional retail based revenues, it has also been noted that competitive pressures from
projects developed in surrounding jurisdictions will impact the ability for continued growth in retail sales.
MAJOR INITIATIVES
The City Council adopted the recommendations formed by a Business Task Force which issued its report in July
of 1994. The Task Force had representatives of the Chamber of Commerce, business owners and residents. In
response to a recommendation in the report an Economic Development Manager was added to the City
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' Manager's Staff in Fiscal Year 1994/95 to assist with development of the business community in cooperation
with local and regional efforts to support economic growth. The focus of this initiative is to take proactive steps
which will allow the local economy to remain strong.
' In May of 1993, the City completed and adopted a major General Plan Amendment covering approximately 10.8
square miles of largely undeveloped land. Approximately one half of the Planning Area was covered by a
Specific Plan, which was processed concurrently. The adopted plans provide for a fully integrated community
' including residential sites, commercial and employment generating properties, schools, public buildings, parks
and open space. The outcome of lawsuits challenging the plans were known in the final quarter of Fiscal Year
1993/94. The legal ruling was favorable to the City and allowed for proceeding with the implementation of the
' Plan in Fiscal Year 1994/95.
In Fiscal Year 1994/95 the City Manager was directly involved with the oversight of mayor planning initiatives,
which will provide increased opportunities for the City of Dublin well into the 21st Century. A major project
' was the successful annexation of approximately 1,530 acres adjacent to the eastern City Limit. This property
was in the Eastern Dublin Specific Plan Area and it is currently largely undeveloped. The effective date for the
annexation will be October 1, 1995, when the City will actually begin providing municipal services to the area.
' The first development project to be processed under the Eastern Dublin Specific Plan was a 75 acre commercial
project proposed by Homart Development Company. The firm was selected as the developer of the commercial
center by the Alameda County Surplus Property Authority, which owns the property. The project will be phased
' and could accommodate up to 800,000 square feet of commercial development. In Fiscal Year 1994/95 the City
Council entered into a Development Agreement for the project and approved a rezoning of the property.
' During Fiscal Year 1994/95 the Planning Department in conjunction with representatives of the Business
Community also processed significant revisions to the City of Dublin sign ordinance. The changes will assist
existing businesses as well as new businesses in providing greater visibility for the establishments.
' The Parks and Community Services Department undertook the renovation of the structures located at the
Heritage Center which was acquired in Fiscal Year 1993/94. The project includes the "Old Murray School ",
' "Old St. Raymond's Church ", and the Dublin Cemetery. The renovation of the structures will increase their
usefulness and availability to the public. The Department also hired a Heritage Center Director to assist with
coordinating programs at the refurbished Center.
' In Fiscal Year 1994 - 1995 the Public Works Department completed a Traffic Impact Fee Study for the Eastern
Dublin Specific Plan Area. The study took into consideration improvements required to planned arterials as well
as existing City streets and adjacent highways. The Department also coordinated improvements to Dougherty
' Road, which included a traffic signal at the intersection of Sierra Lane. Acquisition was also begun on the
Dublin Boulevard Widening project, a $3.1 million project which will improve the traffic flow in the central
commercial business area.
' The Public Works Department also saw increased development activity as two residential projects submitted
final improvement and grading plans for City review. The Hansen Ranch (Warmington Homes) project which
will have 180 Single Family units and the Donlon Canyon Project (Kauffman and Broad) 246 Multi - Family units.
' The projects will be phased with grading occurring in the Summer of 1995 and building construction may begin
by the Spring of 1996.
' ACCOUNTING SYSTEM AND BUDGETARY CONTROL
Note 2 contained in the General Purpose Financial Statements provides a detailed explanation of the significant
' accounting policies. In general, for all City and Agency funds the revenues and expenses are based on a
modified accrual basis of accounting. This means that with certain exceptions 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 Dublin Information Inc., revenues
and expenditures are accounted for using the accrual basis of accounting.
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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. ,
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 transfer budget amounts between line items within the same Department. Any transfers
between separate Departments requires City Council authorization.
Monthly reports of detailed revenue and expenditures are distributed to Management Staff for review and '
assistance in controlling activities and programs. The City Council also receive summary reports on a monthly
basis identifying revenues, expenditures, and investment activity. t
FINANCIAL HIGHLIGHTS OF FISCAL YEAR 1994 -1995
The financial reports identify that among all of the Governmental Fund Types the General Fund represents '
approximately 82.8% of both the Revenue and Expenditures. Clearly, the activity within the General Fund
dominates the City's fiscal condition and will be focused on in the analysis presented in this Transmittal Letter. '
The following comparison shows changes in major General Fund Revenue Types as compared to the previous
Fiscal Year:
GENERAL FUND REVENUES ,
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AMOUNT
% OF TOTAL
DOLLAR
% CHANGE
REVENUE TYPE
COLLECTED
CURRENT
CHANGE FROM
FROM PRIOR
1994/1995
YEAR
PRIOR YEAR
YEAR
PROPERTY TAXES
$ 3,944,284
26.58%
$ 91,182
2.37 %
TAXES OTHER THAN
PROPERTY
$ 7,122,094
47.99%
$ 518,012
7.84 %
LICENSES / PERMITS
$ 337,551
2.27%
($ 3,444)
( 1.01) %
INTERGOVERNMENTAL
$ 1,044,002
7.03%
$ 98,289
10.39 %
CHARGES FOR
SERVICES
$ 1,053,715
7.10%
$ 472,977
81.44 %
USE OF MONEY &
PROPERTY
$ 1,140,714
7.69%
$ 205,099
21.92 %
FINES & FORFEITURES
$ 35,668
0.24%
$ 1,352
3.94 %
OTHER
$ 163,463
1.10%
$ 110,8761
(40.42) %
TOTAL
$ 14,841,491
100.00%
$ 1,272,591
9.38 %
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' The following sections describe changes in Fiscal Year 1994 /95 within each of the major revenue categories.
Property Tax related Revenues showed a very small increase as the County Assessor experienced a significant
number of applications appealing the assessed value, due to the downturn in the Real Estate market. The
' adjustments to the values affect the total Property Tax Revenue which will be levied. Also the general
slowdown in any new construction limited the opportunity for growth in this category.
' Sales Tax revenue increases were the largest contributor to the increase in General Fund Taxes Other Than
Property Revenues. In general the economic trends statewide improved in terms of Auto and Transportation
related retail sales. The City of Dublin benefited from these conditions.
' The small decrease in Licenses and Permits category is primarily related to Building and Safety Permits. As
previously noted the development sector did not show significant activity in terms of projects actually under
' construction. Although development related issues were a major focus of activities during the Fiscal Year, many
of these initiatives were related to longer term projects not currently under construction.
The increase in Charges For Services primarily represents the undertaking of large Planning related studies. This
included a requested General Plan Amendment Study for an area west of the City as well as processing related to
the proposed Santa Rita Commercial Center and the Annexation of 1530 acres in the East Dublin Specific Plan
Area. The Engineering Department also had increased activity with plan checking related to the two residential
' projects, which submitted Final Parcel Maps for.review and approval.
The Use of Assets category increase was related to improved interest earnings as a result of an increased amount
' of General Funds available for investment. The rental of City Buildings and Fields, is also accounted for in this
category, and these activities represented approximately $72,483 or 6.4% of the revenue shown in this category.
The amount attributable to interest revenue increased by approximately 21.77% ($1,068,231 in Fiscal Year
1994/95 versus $ 877,290 in Fiscal Year 1993/94). As previously noted the improvement in earnings
' represented increased fund balance available for investment as well as improved interest rates.
The Fine and Forfeiture category showed a small increase primarily attributable to delinquent parking penalties
' collected. Effective July 1, 1993 the City was required by State law to undertake all processing of parking
citations and was allowed to retain all revenues. The contract citation processing firm has the ability to post
delinquent penalties against the vehicle registration. The increase in this revenue was related to the time lag
' experienced in the initial collection of delinquent fees as part of the vehicle registration.
The "Other Revenue" category also showed a decrease over the previous year. Since this category is utilized for
' miscellaneous one -time events it is typical to observe fluctuations between different Fiscal Years.
Approximately 88% of the revenue shown in this category came from the following two sources: (1) $93,484
was related to an equity dividend for liability insurance coverage; and (2) $50,109 was related to the sale of
' excess street right of way adjacent to a new commercial project.
The following chart displays the historical trends for General Fund Revenues over the past 5 years:
Historical General Fund Revenues
'
$15,000,000
$14,500,000
'
$14,000,000
$13,500,000
$13,000,000
' $12,500,000
$12,000,000
14,094,379
$14,841,491
$13,568,900 0
$3,061,920
1990/91 1991/92 1992/93 1993/94 1994/95
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The following table compares General Fund Expenditures to those for the previous year.
TYPE
GENERAL GOVERNMENT
PUBLIC SAFETY
HIGHWAYS & STREETS
HEALTH & WELFARE
COMMUNITY
DEVELOPMENT
CULTURE & LEISURE
CAPITAL OUTLAY
"oil 140
GENERAL FUND EXPENDITURES
TOTAL % OF TOTAL DOLLAR
EXPENDED CURRENT CHANGE FROM
1994/95 YEAR PRIOR YEAR
0
% CHANGE '
FROM PRIOR
YEAR
$ 3,042,588 23.70% $ 120,235 4.11% '
$ 6,043,221
47.07%
$ 322,494
5.64%
'
$ 539,937
4.20%
$ 52,486
10.77%
Immaterial Compared
$ 17,412
0.14%
$ 17,336
To Total Expenses
'
$ 1,250,082
9.74%
$ 263,790
26.75%
'
$ 1,765,990
13.75%
$ 56,772
3.32%
,
$ 179,721
1,40%
($163,004
(47.56)%
$12,838,951
100.00%
$ 670,111
5.51%
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As noted above, General Fund expenditures increased when compared to the prior year. This increase followed '
Fiscal Year 1993/94 when a conscious effort was made by City officials to reduce General Fund expenditures as
a result of State reductions in local revenues. The revenue outlook for Fiscal Year 1994 /95 allowed the City
Council to consider resuming services previously eliminated, as well as adding Staff to address priority
initiatives. The following chart provides a historical perspective for General Fund spending over the past five
years.
$13,500,000
$13,000,000
$12,500,000
$12,000,000
$11,500,000
Historical General Fund Expenditures
$13,389,576
$12,964,327 $12,838,951
$12,681,607
$12,168,840
1990/91 1991192 1992193 1993/94 1994/95
The chart shown above has not been adjusted to account for inflation and only actual expenditures are shown.
The City Council responded to the decline in State revenues with immediate reductions in service to avoid any
deficit spending. The City continues to embark upon a plan of budgeted expenditures, which cautiously
proceeds with additions to general fund supported expenditures. This is considered an appropriate policy until
such time as the revenues generated by new development are projected to absorb additional costs.
The specific areas experiencing the greatest growth in General Fund Expenditures during 1994/95 were related
to the support required to accommodate additional growth, such as the increase in Community Development
related expenditures. This was also impacted by the City Council decision to add a position responsible for
Economic Development. The increase in spending of General Fund monies for Streets and Highways was
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' related to the improvement in General Fund revenue sources. In Fiscal Year 1994/95 the Budget did not rely to
the same extent on Special Revenue Funds for Street related expenditures as was required in Fiscal Year
1993/94.
' DEBT ADMINISTRATION
' The City has no outstanding General Obligation debt. The City does administer funds for debt issued pursuant
to the 1915 Improvement Act on one Capital Improvement Project. The total amount of assessment debt
outstanding at June 30, 1995 is $2,276,000 and is related to the Dublin Boulevard Extension Assessment
District. This amount is repayable from property assessments levied on properties benefiting from the
improvements. Revenues collected were sufficient to finance all required debt service expenditures for the year
ending June 30, 1995. 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 approximately 29 Bay Area cities. The coverage limit is $ 5 million per occurrence. The
City of Dublin has selected a $ 50,000 deductible. The pool also provides property insurance coverage with a
$5,000 deductible except for vehicle losses, which carry a $10,000 deductible and purchases required employee
' bonds. In prior years the City had reserved a portion of the General Fund Balance as a Liability Insurance
Reserve. In Fiscal Year 1994/95, in accordance with GASB 10, the City established a liability of $137,210 for
uninsured claims. This includes a provision for losses which may be "incurred but not reported" (IBNR).
CASH MANAGEMENT
' Cash which is temporarily idle during the year was invested by the City Treasurer in accordance with adopted
investment policies. The amount of interest earned on all Governmental Fund Types was $ 1,210,885. The
1994 /95 annual yield was 5.75 %, for Governmental Fund Types, based upon average monthly balances. The
City had higher balances invested and achieved a slightly better interest rate in 1994/95, compared to the prior
' Fiscal Year.
The City Council has established a policy to invest excess general funds in accordance with various priorities.
The highest priority is the prepayment of the 1993 Civic Center Certificates of Participation (COP's) in February
1999. The amount required at that time will be $13,052,781. The portfolio was invested in increments to meet
this target date and still maintain adequate short term cash flow reserves. At June 30, 1995 the portfolio of
investments held for Governmental Fund Types included $13,095,000 (face value at maturity) in Federal
Treasury Notes and United States Agency Notes representing an average weighted maturity of 2.59 years. The
City has positioned its cash needs to allow it to hold all securities to maturity.
' Fund Balance in the General Fund has been reserved in an amount equivalent to the Book Value of investments
exceeding one year in maturity. Excluded from this reserve are any deposits which mature in more than one year
and are fully insured by the Federal Deposit Insurance Corporation (FDIC). On a monthly 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 City does not participate in any securities
lending and the portfolio does not include any repurchase agreements.
' INDEPENDENT AUDIT
' Each year the City of Dublin obtains an independent annual audit of the City's financial records. The
information presented includes a review of the results of operations and changes in financial position. The report
is presented to the City Council at a public meeting. This report includes the Auditor's opinion for the combined
' financial statements of the City of Dublin.
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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, 1994. Copies of the Certificate of Achievement for Excellence in Financial
Reporting are included in this report. This represented the fifth consecutive year that the City 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 another certificate.
ACKNOWLEDGMENTS
The Finance Department of the City of Dublin is very small given the scope of the City financial operations as
presented. The preparation of a report of this nature in a timely manner is the result of input and assistance from
all Administrative Services / Finance Staff members and they should be commended. It is only through working
together with individuals who pride themselves on creating a professional report that makes this project a
success. Staff also appreciates the time and effort expended by the independent auditors of Maze and Associates
in the preparation of the financial statements. The City Council must also be recognized for their continued
support of excellence in financial reporting to the public.
Respectfully submitted,
Richard C. Ambrose
City Manager
Paul S. Rankin
Assistant City Manager /
Administrative Services Director
xvi
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MAZE &
ASSOCIATES
INDEPENDENT AUDITOR'S REPORT
To the City Council
City of Dublin, California
ACCOUNTANCY CORPORATION
1670 Riviera Avenue -Suite 100
Walnut Creek, California 94596
(510) 930 -0902 • FAX 930 -0135
We have audited the general purpose financial statements of the City of Dublin as of and for the years ended June
30, 1995 and 1994, as listed in the table of contents. These financial statements are the responsibility of the City's
management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with generally accepted auditing standards and the standards for financial
audits contained in Government Auditing Standards (1994 Revision), issued by the Comptroller General of the
United States. Those standards require that we plan and perform the audits to obtain reasonable assurance as to
whether the financial statements are free of material misstatement. An audit includes examining on a test basis
evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the
accounting principles used and significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe our audits provide a reasonable basis for our opinion.
In our opinion, such general purpose financial statements present fairly in all material respects the financial position
of the City of Dublin at June 30, 1995 and 1994 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.
Our audits were made for the purpose of forming an opinion on the general purpose financial statements taken 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 procedures applied in the audits of the general purpose
financial statements, and in our opinion are fairly stated in all material respects when considered in 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.
September 1, 1995
v ,t- .
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A Professional Corporation
CITY OF DUBLIN
GENERAL PURPOSE FINANCIAL STATEMENTS
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.
FIDUCIARY FUND TYPE
These agency funds are used to account for assets held by the City as an agent.
ACCOUNT GROUPS
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.
3
CITY OF DUBLIN
COMBINED BALANCE SHEETS - ALL FUND TYPES AND ACCOUNT GROUPS
JUNE 30, 1995
WITH COMPARATIVE AMOUNTS FOR NNE 30, 1994
ASSETS
Cash and investments (Note 3)
Restricted cash and investments (Note 3)
Receivables:
Accounts
Accrued interest
Due from other governments
Due from other funds (Note 4)
Prepaids
Condemnation deposits
Deferred compensation mutual funds (Note 2I)
Fixed assets (net of accumulated depreciation) (Note 5)
Amount to be provided for general
long -term obligations
Total Assets
LIABILITIES
Accounts payable
Accrued wages
Accumulated unpaid general leave
Deposits payable
Liability insurance claims payable (Note 9)
Deferred revenues
Due to other funds (Note 4)
Due to other governments
Due to bondholders
Deferred compensation payable (Note 2 I)
Interest payable
BART advance payable (Note 6)
Certificates of participation (Note 6)
Total Liabilities
FUND EQUITY
Investment in general fixed assets
Contributed capital
Retained earnings (deficit)
Reserved for debt service
Reserved for equipment replacement
Unreserved
Fund balances (Note 7):
Reserved for:
Investments held to maturity
Prepaids
Condemnation deposits
Unreserved:
Designated for:
Liability insurance claims
Cemetery endowment
Economic uncertainty
Authorized expenditures
Undesignated
Total Fund Equities (Deficits)
Total Liabilities and Fund Equity
PROPRIETARY
GOVERNMENTAL FUND TYPES FUND TYPES
Special Capital Internal
General Revenue Projects Service Enterprise
$19,663,863 $1,516,790 $307,190
$1,744,948
599,719 114,436 263,765
345,940 46,355
91,387 273,905
627,755
4,715 5,728
197,709 25,691
271,363 20,004,107
$21,333,379 $2,102,840 $289,456 $584,281 $21,795,410
$1,203,957 $126,790
$29,195 $15,712 $154
55,157
142,980
1,247,737
154,326
168,653
137,210
19,465,801
173,713
263,765
536,147
91,608
235
4
369,506
16,376,907
1,867,578 662,937 553,221 15,712 16,746,567
14,299,648
4,715
197,709 25,691
237,723 5,109,890
1,791,303
330,846
(1,852,350)
60,000
1,369,133
3,732,305
1,247,737
(5,543) (289,456)
19,465,801
1,439,903 (263,765) 568,569 5,048,843
$21,333,379
$2,102,840 $289,456 $584,281 $21.795,410
See accompanying notes to financial statements
4
FIDUCIARY TOTALS
FUND TYPE ACCOUNT GROUPS (Memorandum Only)
General Fixed General Long -
Agency Assets Term Obligations 1995 1994
$156,895
$21,644,738
$18,919,636
122,904
1,867,852
1,853,458
909
978,829
663,578
376,841
392,295
353,588
235
365,292
304,091
294,123
627,755
387,489
369,506
10,443
14,860
2,713,930
223,400
16,981,238
329,715
329,715
216,591
$496,513
20,771,983
21,110,037
$2,855,404 2,855,404
2,713,930
$610.423 $496,513
$2.855.404 $5 0.067,70 6
$46.537.258
$1,375,808 $612,525
55,157
63,762
142,980
124,105
322,979
327,185
137,210
312,981
437,478
376,841
627,755
387,489
235
335
$280,708 280,708
294,123
329,715 329,715
216,591
369,506
378,643
$2,855,404 2,855,404
2,713,930
1 6,376,907
16,981,238
610,423 2,855,404 23,311,842
22,476,767
$496,513 496,513
479,805
5,347,613
5,287,229
1,791,303
1,779,203
330,846
312,981
(1,852,350)
(1,992,943)
14,299,648 13,808,042
4,715 11,981
223,400
496,513 26,755,864 24,060,491
$610.423 $496,513 $2.855,404 $50,067,706 $46.537,258
5
137,210
60,000
60,000
1,369,133
1,369,133
4,980,042
3,240,172
(294,999)
(432,322)
496,513 26,755,864 24,060,491
$610.423 $496,513 $2.855,404 $50,067,706 $46.537,258
5
0
REVENUES
Properly taxes
Taxes other than property
Licenses and permits
Intergovernmental
Charges for services
Use of money and property
Fines and forfeitures
Other revenue
Special assessments
Total Revenues
EXPENDITURES
Current:
General government
Public safety
Highways and streets
Health and welfare
Community development
Culture and leisure
Capital outlay
Total Expenditures
CITY OF DUBLIN
COMBINED STATEMENTS OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30, 1995
WITH COMPARATIVE AMOUNTS FOR THE FISCAL YEAR ENDED JUNE 30, 1994
'
EXCESS (DEFICIENCY) OF REVENUES
$3,944,284
OVER(UNDER) EXPENDITURES
'
OTHER FINANCING SOURCES (USES)
Contribution from Assessment District (Note 20)
7,242,917
Operating transfers in (Note 4)
337,551
Operating transfers (out) (Note 4)
'
Total Other Financing Sources (Uses)
1,044,002
EXCESS OF REVENUES AND OTHER
'
FINANCING SOURCES OVER (UNDER)
1,053,715
EXPENDITURES AND OTHER FINANCING USES
' Fund balances (deficit) at beginning of year
Residual equity transfers (out)
Fund balances (deficit) at end of year
L
TOTALS
GOVERNMENTAL FUND TYPES (Memorandum Only)
Special Capital
General Revenue Projects 1995 1994
$3,944,284
$3,944,284
$3,853,102
7,122,094
$120,823
7,242,917
6,721,705
337,551
404,627
337,551
340,995
1,044,002
1,331,375
2,375,377
1,798,037
1,053,715
744,628
1,798,343
1,323,196
1,140,714
70,171
1,210,885
1,008,044
35,668
24,557
60,225
68,280
163,463
290,538
$134,271 588,272
354,505
12,838,951
363,469
363,469
296,286
14,841,491 2,945,561 134,271 17,921,323 15,764,150
3,042,588
3,042,588
2,922,353
6,043,221
281,998
6,325,219
6,001,166
539,937
404,627
944,564
830,936
17,412
679,405
696,817
542,698
1,250,082
104,714
1,354,796
1,107,770
1,765,990
1,765,990
1,709,218
179,721
903,941
287,240 1,370,902
1,118,384
12,838,951
2,374,685
287,240 15,500,876
14,232,525
2,002,540 570,876 (152,969) 2,420,447 1,531,625
45,684 45,684
46,410 276,447 322,857 109,821
(294,855) (46,410) (341,265) (121,829)
(248,445) (726) 276,447 27,276 (12,008)
1,754,095 570,150 123,478 2,447,723 1,519,617
17,711,706 869,753 (387,243) 18,194,216 16,687,499
(12,900)
$19,465.801 $1.439,903 ($263.765) $20.641,939 $18,194.216
See accompanying notes to financial statements
EXPENDITURES
Current:
General government
Public safety
Highways and streets
Health and welfare
Community development
Culture and leisure
Capital outlay
Total Expenditures
EXCESS OF REVENUES
OVER (UNDER) EXPENDITURES
OTHER FINANCING SOURCES (USES)
Contribution from Assessment District (Note 20)
Operating transfers in (Note 4)
Operating transfers (out) (Note 4)
Total Other Financing Sources (Uses)
EXCESS OF REVENUES AND
OTHER FINANCING SOURCES OVER (UNDER)
EXPENDITURES AND OTHER FINANCING USES
Fund balances (deficit) beginning of year
Fund balances (deficit) end of year
3,070,536
3,042,588
27,948
6,261,694
'
218,473
CITY OF DUBLIN
539,937
10,223
27,100
17,412
COMBINED STATEMENT OF REVENUES, EXPENDITURES
1,263,882
1,250,082
13,800
1,841,791
AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL
75,801
205,943
179,721
ALL GOVERNMENTAL FUND TYPES
,
13,221,106
FOR THE FISCAL YEAR ENDED JUNE 30, 1995
382,155
GENERAL FUND SPECIAL REVENUE FUNDS
Variance
Variance
Favorable
Budget Actual (Unfavorable) Budget
Actual
Favorable
(Unfavorable)
'
REVENUES
Property taxes
$3,849,500 $3,944,284 $94,784
Taxes other than property
6,530,300 7,122,094 591,794 $116,000
$120,823
$4,823
'
Licenses and permits
361,350 337,551 (23,799)
Intergovernmental
970,325 1,044,002 73,677 3,091,282
1,331,375
(1,759,907)
Charges for services
Use of money and property
758,180 1,053,715 295,535 697,356
986,100 1,140,714 154,614 50,800
744,628
70,171
47,272
19,371
'
Fines and forfeitures
37,500 35,668 (1,832) 31,900
24,557
(7,343)
Other revenue
122,128 163,463 41,335 21,725
290,538
268,813
Special assessment
288,265
363,469
75,204
'
Total Revenues
13,615,383 14,841,491 1,226,108 4,297,328
2,945,561
(1,351,767)
EXPENDITURES
Current:
General government
Public safety
Highways and streets
Health and welfare
Community development
Culture and leisure
Capital outlay
Total Expenditures
EXCESS OF REVENUES
OVER (UNDER) EXPENDITURES
OTHER FINANCING SOURCES (USES)
Contribution from Assessment District (Note 20)
Operating transfers in (Note 4)
Operating transfers (out) (Note 4)
Total Other Financing Sources (Uses)
EXCESS OF REVENUES AND
OTHER FINANCING SOURCES OVER (UNDER)
EXPENDITURES AND OTHER FINANCING USES
Fund balances (deficit) beginning of year
Fund balances (deficit) end of year
3,070,536
3,042,588
27,948
6,261,694
6,043,221
218,473
550,160
539,937
10,223
27,100
17,412
9,688
1,263,882
1,250,082
13,800
1,841,791
1,765,990
75,801
205,943
179,721
26,222
13,221,106
12,838,951
382,155
302,045
281,998
20,047
423,932
404,627
19,305
685,704
679,405
6,299
117,570
104,714
12,856
3,201,865 903,941 2,297,924
4,731,116 2,374,685 2,356,431 '
394,277 2,002,540 1,608,263 (433,788) 570,876 1,004,664 '
46,410 46,410
(294,855) (294,855)
(248,445) (248,445)
$394,277 1,754,095 $1,359,818 ($433,788)
17,711,706
$19,465.801
See accompanying notes to financial statements
45,684 45,684
(46,410) (46,410) '
(726) (726)
570,150 $1,003,938
869,753 ,
$1,439,903
a �
CAPITAL PROJECTS FUNDS
Variance
Favorable
Budget Actual (Unfavorable)
$711,509 $134,271 ($577,238)
711,509 134,271 (577,238)
475,431 287,240 188,191
475,431 287,240 188,191
236,078 (152,969) (389,047}
276,447 276,447
276,447 276,447
$236,078 123,478 ($112,600)
(387,243)
($263,765)
0
CITY OF DUBLIN
COMBINED STATEMENTS OF REVENUES, EXPENSES
AND CHANGES IN RETAINED EARNINGS (DEFICIT)
ALL PROPRIETARY FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30, 1995
WITH COMPARATIVE AMOUNTS FOR THE FISCAL YEAR ENDED JUNE 30, 1994
REVENUES
Facilities rents (Note 6)
Equipment usage
Miscellaneous
Total Revenues
EXPENSES
Depreciation
Services and supplies
Total Expenses
Operating Income (Loss)
NONOPERATING INCOME (EXPENSES)
TOTALS
(Memorandum Only)
1995 1994
Dublin
Equipment
Information
Replacement
Inc.
Internal
Enterprise
Service Fund
Fund
TOTALS
(Memorandum Only)
1995 1994
Interest income
$1,461,344
$1,461,344
$1,458,500
$128,051
Interest expense and bond discount amortization
128,051
128,214
2,130
(964,276)
2,130
7,616
130,181
1,461,344
1,591,525
1,594,330
17,865
134,285
152,150
74,991
472,461
547,452
552,075
55,878
18,821
74,699
60,540
130,869
491,282
622,151
612,615
(688)
970,062
969,374
981,715
Interest income
18,553
104,499
123,052
121,596
Interest expense and bond discount amortization
(940,276)
(940,276)
(964,276)
Nonoperating Income (Loss)
18,553
(835,777)
(817,224)
(842,680)
Income Before Operating Transfers
17,865
134,285
152,150
139,035
OPERATING TRANSFERS IN (Note 4)
18,408
18,408
12,008
Net Income
17,865
152,693
170,558
151,043
Retained earnings (deficit) at beginning of year
312,981
(213,740)
99,241
(51,802)
Retained earnings (deficit) at end of year
$330,846
($61,047)
$269,799
$99,241
See accompanying notes to financial statements
10
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CITY OF DUBLIN
COMBINED STATEMENTS OF CASH FLOWS
ALL PROPRIETARY FUND TYPES
FOR THE FISCAL YEAR ENDED JUNE 30, 1995
WITH COMPARATIVE AMOUNTS FOR THE FISCAL YEAR ENDED JUNE 30, 1994
CASH FLOWS FROM OPERATING ACTIVITIES
Operating Income (Loss)
Adjustments to reconcile operating income
to cash flows from operating activities:
Depreciation
Net effect of changes in:
Prepaid expenses
Accounts payable
Cash Flows from Operating Activities
CASH FLOWS FROM INVESTING ACTMTIES
Increase in restricted investments
Interest received
Cash Flows from Investing Activities
CASH FLOWS FROM CAPITAL AND RELATED
FINANCING ACTIVITIES
Contributed capital
Fixed asset purchases
Certificates of Participation principal payment
Interest paid
Cash Flows from Capital and Related
Financing Activities
CASH FLOWS FROM NONCAPITAL
FINANCING ACTIVITIES
Operating transfers in
Cash Flows from Noncapital
Financing Activities
Net Cash Flows
Cash and investments at beginning of year
Cash and investments at end of year
(132,306) (1,553,744) (1,686,050) (1,598,873)
18,408
Dublin
12,008
18,408
Equipment
Information
TOTALS
Replacement
Inc.
(Memorandum Only)
Internal
Enterprise
$307,190
$307,190
Service Fund
Fund
1995
1994
($688)
$970,062
$969,374
$981,715
74,991
472,461
547,452
552,075
(2,849)
(2,849)
(2,765)
14,913
(14,274)
639
(14,203)
86.367
1,428,249
1,514,616
1,516,822
(12,700)
(12,700)
(5,346)
18,553
105,099
123,652
121,512
18,553
92,399
110,952
116,166
60,384
60,384
1,230
(192,690)
(192,690)
(67,287)
(645,000)
(645,000)
(910,000)
(908,744)
(908,744)
(622,816)
(132,306) (1,553,744) (1,686,050) (1,598,873)
18,408
18,408
12,008
18,408
18,408
12,008
(27,386) (14,688)
(42,074)
46,123
334,576 14,688
349,264
303,141
$307,190
$307,190
$349,264
See accompanying notes to financial statements
11
CITY OF DUBLIN
Notes to General Purpose Financial Statements
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, 1995 was 26,581, including
prisoners housed at the Alameda County Sheriff's 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, 1995 the City's staff comprised 36 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 46 contract employees provide a variety of municipal services from City facilities
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
911
The following is a summary of significant accounting policies of the City, which conform with generally
accepted accounting principles applicable to governments.
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, owns and rents facilities to the City and is utilized to distribute public information. 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 DII's sole business is facilities
rental, it accounts for rents as operating revenues.
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:
GOVERNMENTAL FUND TYPES
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.
12
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' CITY OF DUBLIN
Notes to General Purpose Financial Statements
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
' 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 Fund is 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 financed 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 financial 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 noncurrent
' 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 financial 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.
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.
' 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.
1 13
CITY OF DUBLIN
Notes to General Purpose Financial Statements
NOTE Z - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
UP]
E.
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 Group of Accounts is not a fund and its balances are not
financial 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 equitably among all customers
over the life of these assets, so that each customer's bill includes a pro rata share of the cost 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.
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.
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 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 -7 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.
Contributed Capital in Proprietary Fund Types
Contributed capital in proprietary funds represents general fund construct fixed assets. Contributed capital in
the Equipment Replacement Internal Service Fund increased by $60,384 during the year ended June 30, 1995.
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NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
IF. 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.
rAll 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.
rThose revenues susceptible to accrual are property taxes, sales taxes, interest revenues and charges for services.
Fines, licenses, transient occupancy taxes and permit revenues are not susceptible to accrual because they
generally are not measurable until received in cash.
Expenditures are generally recognized under the modified accrual basis of accounting when the related fund
r 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 noncurrent 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
rrecognized when they are earned, and their expenses are recognized when they are incurred.
G. Budgets and Budgetary Accounting
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 financing 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;
r however, any revisions which alter total departmental expenditures of the City must be approved by City
Council. Expenditures may not exceed budgeted appropriations at the departmental level without City
Council approval.
r5. 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.
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CITY OF DUBLIN
Notes to General Purpose Financial Statements
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NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
All unexpended appropriations lapse at the end of the fiscal year. 1
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.
H. Cash Flows I
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. Restricted cash and investments held in proprietary funds are
composed of investments with maturity terms greater than three months and are therefore not considered cash
and cash equivalents.
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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.
The City has no liability for any losses incurred by the Plan and does not participate in any gains, but it does
have the duty of due care that would be required of an ordinary prudent investor. The City has a contract with
the ICMA Retirement Corporation (ICMA) to manage and invest the assets of the Plan. ICMA pools the assets
of the Plan with those of other participants and does not make separate investments for the City. The assets in
the Plan are the sole property of the City until they are distributed to participants and participants rights to
these assets are equal to those of general creditors of the City. However, the City believes the likelihood of any
claim by general creditors is remote.
The Plan requires investments to be stated at fair market value and it requires all gains and losses on Plan
investments to accrue directly to Participants' accounts. Increases and decreases in the Plan's assets during the
fiscal year ended June 30, 1995 were as follows:
Balance at beginning of fiscal year
Pk ticipants contributions
Net investment gains
Administrative fees
Balance at end of fiscal year
Property Tax
ICMA
$216,591
73,051
40,474
(401)
$329,715
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
March 1 of the preceding fiscal year.
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' CITY OF DUBLIN
Notes to General Purpose Financial Statements
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
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.
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K Accumulated Unpaid General Leave
The City accounts for 100% of the liability for accumulated unpaid general leave in the General Fund 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.
L. Post Employment Health Care Benefits
The City provides certain health care benefits for three retirees as required under a contract signed with PERS.
All former employees who retire 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, 1995 those costs
totaled $10,910.
M. 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 financial 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 data.
N. Classification Changes
The classification of certain amounts has been changed to improve the June 30, 1995 financial presentation.
For comparative purposes, prior year amounts have been reclassified to conform with the June 30, 1995
presentation.
O. New Fund
Effective July 1, 1994 the City closed the San Ramon Road Specific Improvement Plan Agency Fund and
recorded a contribution from Assessment District of $45,684 into the San Ramon Road Specific Improvement
Plan Special Revenue Fund.
A Closed Fund
The City closed the Dublin Boulevard Extension #1 Capital Projects Fund effective June 30, 1995.
17
CITY OF DUBLIN
Notes to General Purpose Financial Statements
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.
A. Categorization of Credit Risk of Securities Instruments
The City invests in individual investments and in investment pools. Individual investments are evidenced by
specific identifiable pieces of paper called securities instruments, or by an electronic entry registering the
owner in the records of the institution issuing the security, called the book entry system. In order to maximize
security, the City employs the Trust Department of a bank as the custodian of its investments with the U.S.
Government or its agencies, regardless of their form.
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 I - Securities instruments in this category are in the City's name and are in the possession of the
Trust Department of the bank employed by the City solely for this purpose. The City is the registered owner of
securities held in book entry form by the bank's Trust Department.
Category 2 - Securities instruments and book entry form securities in this category are in the bank's name but
are held by its Trust Department in a separate account in the City's name.
Category 3 - None of the City's investments are in this category, which would include only City-owned
securities instruments or book entry form securities which were not in the City's name or which were not held
by the bank's Trust Department.
Pooled Investments - Pooled investments are not categorized because of their pooled, rather than individual,
nature.
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Notes to General Purpose Financial Statements
NOTE 3 - CASH AND INVESTMENTS (Continued)
The City's investments are recorded at cost at June 30, 1995 and 1994 comprise:
1995
Carrying Value
Debt Service
1994
Available for Reserves held
Market
Carrying
Operations by Fiscal Agents Total
Value
Amount
Cash in banks and
certificates of deposit $228,492 $228,492
$228,492
$410,282
Government securities
mutual funds and money
market funds 2,213,121 $6,873 2,219,994
2,135,002
1,822,930
Local Agency Investment
Fund 6,095,000 6,095,000
6,095,000
4,707,000
Securities of the U.S.
Government or its agencies:
Category 1 13,108,125 13,108,125
12,929,548
12,117,046
Category 2 1,860,979 1,860,979
1,813,545
1,715,836
Total $21,644,738 $1,867,852 $23,512,590
$23,201,587
$20,773,094
B. 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
C. 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:
1995
Available immediately $6,253,490
Maturities of less than one year 1,243,971
Maturities of one to three years 5,320,610
Maturities of three to five years 10,694,519
Total $23,512,590
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1994
$4,735,278
500,000
4,254,282
11,283,534
$20,773,094
CITY OF DUBLIN
Notes to General Purpose Financial Statements
NOTE 3 - CASH AND INVESTMENTS (Continued)
D. 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. Interest income of $1,068,231 earned during fiscal 1995 represented
a return of 5.75% on the City's month -end average investment balances. This income is allocated among
funds on the basis of their average month -end cash and investment balances.
E. Cash Deposits and Collateral
Cash deposits are entirely insured or collateralized by the institution holding the deposit. California law
requires banks and savings and loan institutions to pledge government securities with a market value of 110%
of the deposit or first trust deed mortgage notes with a value of 150% of the deposit as collateral for all
municipal deposits. This collateral is considered to be held in the City's name and 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.
The carrying amount of the City's cash deposits was $228,492 at June 30, 1995. Bank balances before
reconciling items were $718,318, of which $692,693 was insured, $25,625 was collateralized as discussed
above.
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, 1995:
Special Revenue Funds:
Traffic Safety $578
Intermodal Surface Transportation Efficiency Act 457,734
Community Development Block Grant 36,799
Measure AA 41,036
Capital Projects Fund 91,608
Total Amount Owed General Fund $627,755
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 1995.
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Notes to General Purpose Financial Statements
NOTE 4 - INTERFUND TRANSACTIONS (Continued)
B- Operating Transfers
' 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, 1995 are presented below. Most of
these transfers were reimbursements of administrative costs incurred on behalf of the fund making the transfer.
'
Fund Making Transfer
Fund Receiving Transfer
Amount
General Fund
Dublin Information Inc. Enterprise Fund
$18,408
General Fund
Dublin Blvd. Extension #2 Capital Projects Fund
276,447
'
Special Revenue Funds:
Community Development Block Grant
General Fund
3,600
San Ramon Road Specific Improvement Plan
General Fund
42,810
'
$341,265
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.
tInfrastructure includes roads, bridges, curbs, sidewalks, drainage systems, street and traffic lights and other
improvements used by all citizens. Expenditures for infrastructure are not capitalized.
1 21
CITY OF DUBLIN
Notes to General Purpose Financial Statements
NOTE 5 - F XED ASSETS (Continued)
Fixed assets balances and activity were as follows:
Balance
Balance
July 1, 1994 Additions Retirements June 30, 1995
General Fixed Assets
Land $120,000
$120,000
Equipment 359,805 $16,708
376,513
Total $479,805 $16,708
$496,513
Enterprise Fund
Civic Center Land $6,842,037
$6,842,037
Civic Center Building 15,453,847
15,453,847
Machinery & equipment 422,510
422,510
Total 22,718,394
22,718,394
"Less accumulated depreciation 2,241,826 $472,461
2,714,287
Net $20,476,568
$20,004,107
Internal Service Fund
Machinery & equipment $450,752 $192,690
$67,994 $575,448
Less accumulated depreciation 297,088 $74,991
$67,994 304,085
Net $153,664
$271,363
NOTE 6 - LONG TERM OBLIGATIONS
The City generally incurs long -term debt to finance projects or purchase assets which will have useful lives
equal to or greater than the related debt. The City's debt issues and transactions are summarized below and
discussed in detail subsequently.
A. BART Agreement/Dublin Boulevard Assessment District
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 to service a station under
construction by BART. BART advanced the City $2,285,000 to purchase
land and construct the road
extensions. These projects are now complete.
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Notes to General Purpose Financial Statements
NOTE 6 - LONG TERM OBLIGATIONS (Continued)
BART's advances to the City, including accrued interest are comprised of a Short Term Advance of
$1,533,873 due December 31, 1995 and a Long Tenn Advance of $1,321,531 which has no specific due date.
Under the City's Agreement with BART, interest on these advances accrues at a rate based on BART's average
rate of return on its investments. During the year ended June 30, 1995 unpaid interest incurred was added to
the balance owed on the Short Term Advance in the amount of $75,997 and the Long Term Advance increased
by $65,477. The City expects to repay principal and interest on BART's advances out of developer fees,
charges and other non -tax revenues generated by future development in the area o the BART station. However,
the Agreement provides for the forgiveness by BART of any principal or interest still outstanding on March 27,
2010.
The City has subsequently entered into a separate agreement with the Alameda County Surplus Property
Authority related to the repayment of the Short Term Advance due December 31, 1995. In the event that the
City has not repaid BART for the Short Term Advance by the due date, the Alameda County Surplus Property
Authority is obligated by the terms of the Agreement to repay BART the amount owing on the Short Term
Advance as of December 31, 1995. Under the agreement with the Authority, interest on the monies paid by the
Authority to BART shall accrue at a rate based on the Alameda County Treasurer's return on investment. The
City expects to repay the Authority from developer fees, charges, and other non -tax revenues generated by
future development benefiting from the improvements.
The City has recorded BARTs advances as general long -term debt at June 30, 1995 because, despite the
Agreement's forgiveness clause, 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.
B. 1993 Certificates of Participation
The City leases the Dublin Civic Center building under a non - cancelable lease. The lease payment schedule
continues through February 2020. The lease is automatically canceled once all outstanding payments have
been made. Under this lease, the City makes semi - annual payments which are sufficient to pay the principal
and interest on the 1993 Certificates of Participation. Ownership of the building reverts to the City at the end
of the lease. The cost of the building and the balance of the debt evidenced by the 1993 Certificates of
Participation have been included in the City's financial statements as this lease is in essence a financing
arrangement, with ownership of the financed assets reverting to the City at its conclusion, and is payable from
general government resources.
The 1993 COPs bear interest at rates of 2.8% to 5.8 %, are due through February, 2010, require annual principal
payments on February 1 and semi - annual interest payments on February 1 and August 1. The COPS may be
prepaid without penalty commencing February 1, 1999. Principal payments of $645,000 and $910,000,
respectively, were made during the fiscal years ended June 30, 1995 and 1994. Amortization of original issue
discount equated to $40,670 in both fiscal years. Debt service on the COPS are repayable from Dublin
Information, Inc. Enterprise Fund revenues
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CITY OF DUBLIN '
Notes to General Purpose Financial Statements
NOTE 6 - LONG TERM OBLIGATIONS (Continued)
C. Maturity Schedule
Annual debt service requirements for long term debt, including interest on 1993 COPS, are as follows:
'
For the Year
BART
Capital Projects Fund:
'
Capital Projects 263,765
Ending June 30
Agreement
1993 COPS
Total
'
1996
$1,591,814
$1,591,814
,
1997
1,589,319
1,589,319
1998
1,594,389
1,594,389
1999
1,716,494
1,716,494
2000
1,713,944
1,713,944
Thereafter
$2,855,404
17,149,968
20,005,372
'
$2,855,404
$25,355,928
$28,211,332
The COP debt service shown above is the gross Debt Service due for the years shown. This does not account ,
for annual interest earnings from Reserve Fund investments held by the Trustee. In accordance with the
financing documents the annual interest may be used to reduce the annual debt service payments made by the
City. '
D. Special Assessment District
The Dublin Boulevard Extension Special Assessment District, formed within City limits, had outstanding debt ,
with a balance of $2,276,000 at June 30, 1995. Proceeds of the debt were used to finance 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.
E. Defeased Debt
At June 30, 1995 the total balance of the defeased 1985 and 1988 COPS was $24,770,000. As required by the '
defeasances, securities had been placed in irrevocable trusts with escrow agents to provide for all future debt
service payments on the 1985 and 1988 COPS, which are no longer considered liabilities of the City.
NOTE 7 - FUND BALANCES '
A. Deficits I
The following funds had deficit balances at June 30, 1995:
Special Revenue Fund:
,
Traffic Safety $5,543
Capital Projects Fund:
'
Capital Projects 263,765
Enterprise Fund:
Dublin Information Inc. 61,047
'
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CITY OF DUBLIN
Notes to General Purpose Financial Statements
NOTE 7 - FUND BALANCES (Continued)
' The deficits for these funds 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. Such plans are subject to change; they may never
be legally authorized or result in expenditure.
' Fund balances are reserved as follows:
' Reserve for prepaids and condemnation deposits 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.
' Reserved for investments held to maturity is the portion of fund balance set aside for long term investments
which the City intends to hold until maturity. These investments are scheduled to mature from one to five
years after year end.
' Fund balances designated by City Council are as follows:
' Designated for liability insurance claims is the portion of fund balance to be used for future liability insurance
claims.
Designated for cemetery endowment is the portion of fund balance to be retained. Interest on this amount is to
' be used for maintaining the Dublin Cemetery. In the fiscal year ended June 30, 1995 interest earnings on the
endowment funds totaled $3,371. Related cemetery maintenance expenditures net of fees collected were
' $12,480.
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.
' NOTE 8 - JOINT POWERS AGENCIES
' The City participates in joint ventures with other municipal entities through Joint Powers Authorities (JPAs)
established under the Joint Exercise of Powers Act of the State of California. As separate legal entities, these
JPAs exercise full powers and authorities within the scope of the related Joint Powers Agreement, including the
' preparation of annual budgets, accountability for all funds, the power to make and execute contracts and the
right to sue and be sued. Obligations and liabilities of the JPAs are paid by the JPAs and are not those of the
City or other members.
1 25
CITY OF DUBLIN
Notes to General Purpose Financial Statements
NOTE 8 - JOINT POWERS AGENCIES (Continued)
Each JPA is governed by a board consisting of representatives from each member. Each board controls the
operations of its respective JPA, including selection of management and approval of operating budgets,
independent of any influence by member agencies beyond their representation on the Board.
The City is a member of the following JPAs:
A. Livermore Amador Valley Transit Authority
This Authority was formed in May 1985 by a joint exercise of powers agreement between the County of
Alameda and the Cities of Livermore, Pleasanton and Dublin for the purpose of providing general public
transportation and paratransit services under the business name "Wheels ". Audited financial information can
be obtained from the Authority at 1362 Rutan Court #100, Livermore, CA 94500.
B. Dougherty Regional Fire Authority
The Cities of Dublin and San Ramon established the Dougherty Regional Fire Authority (DRFA) to provide
fire suppression and prevention services. DRFA is controlled by a six member board consisting of three
members from each City Council. The board appoints management and employees of DRFA and is
responsible for DRFA's budget, operations and finances. Audited financial information for the Authority can
be obtained from the City of San Ramon, 2222 Camino Ramon, San Ramon, CA 94583.
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
$5,000,000. The City has a deductible or uninsured liability of up to $50,000 per claim. 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, 1995 the City contributed $72,056 for current year coverage and received a refund
of $93,484 of prior years excess contributions. At June 30, 1995 the City's equity in ABAG PLAN was
$112,612.
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 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 years 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.
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Notes to General Purpose Financial Statements
NOTE 9 - RISK MANAGEMENT (Continued)
Audited condensed financial information for ABAG PLAN, as audited by other auditors, for the year ended
June 30, 1994, the most recent available, is presented below:
B. Liability for Uninsured Claim Adoption of GASB 10
Beginning this fiscal year, the Governmental Accounting Standards Board (GASB) is requiring 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 deductible, or uninsured portion of these claims in the ABAG PLAN. GASB Statement 10,
"Financial Reporting for Risk Financing and Related Insurance Issues" now requires 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, is $ 137,210 at
June 30, 1995, and includes a provision for IBNR losses. This amount was estimated based on claims
experience. During the year ended June 30, 1995 they paid $15,637 for claims losses.
The City has obtained a workers' compensation insurance policy from the State Worker's Compensation
Fund which has no deductible.
NOTE 10 - PENSION PLAN
A. Plan Description
The City contributes to the California Public Employees Retirement System (PERS), an agent
multiple - employer public employee retirement system which acts as a common investment and administrative
agent for participating members in California.
All qualified permanent and probationary employees are eligible to participate in PERS. Benefits vest after
five years of service and are payable monthly for life upon retirement. Employees who retire at age 60 with 5
years of credited service receive a benefit equal to 10% of their average monthly salary for their highest three
consecutive years of employment. Benefits increase with age and credited service years up to a maximum of
2.418% for each credited service year. A credited service year is one year of full time employment.
27
ABAG PLAN
Total assets
$23,022,177
Reserves for losses and other liabilities
13,806,116
Total members equity
9,216,061
Total revenue
6,392,207
Total expenses
4,904,607
Distributions to members
2,251,211
Increase (decrease) in retained earnings
(763,611)
B. Liability for Uninsured Claim Adoption of GASB 10
Beginning this fiscal year, the Governmental Accounting Standards Board (GASB) is requiring 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 deductible, or uninsured portion of these claims in the ABAG PLAN. GASB Statement 10,
"Financial Reporting for Risk Financing and Related Insurance Issues" now requires 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, is $ 137,210 at
June 30, 1995, and includes a provision for IBNR losses. This amount was estimated based on claims
experience. During the year ended June 30, 1995 they paid $15,637 for claims losses.
The City has obtained a workers' compensation insurance policy from the State Worker's Compensation
Fund which has no deductible.
NOTE 10 - PENSION PLAN
A. Plan Description
The City contributes to the California Public Employees Retirement System (PERS), an agent
multiple - employer public employee retirement system which acts as a common investment and administrative
agent for participating members in California.
All qualified permanent and probationary employees are eligible to participate in PERS. Benefits vest after
five years of service and are payable monthly for life upon retirement. Employees who retire at age 60 with 5
years of credited service receive a benefit equal to 10% of their average monthly salary for their highest three
consecutive years of employment. Benefits increase with age and credited service years up to a maximum of
2.418% for each credited service year. A credited service year is one year of full time employment.
27
CITY OF DUBLIN
Notes to General Purpose Financial Statements
NOTE 10 - PENSION PLAN (Continued)
PERS requires a contribution of 7% of the employees annual salary which the City pays on the behalf of the
employees. In addition the City contributes an employer contribution which is adjusted annually based upon
actuarial studies. For the year ended June 30, 1995 the employer rate for the City was 6.203 %. These benefit
provisions and all other requirements are established by state statute and city ordinance. Contributions
necessary to fund PERS on an actuarial basis are determined by PERS and its Board of Administration.
B. Funding Status and Progress
The amount shown below as the "pension benefit obligation" is a standardized disclosure measure of the
present value of pension benefits, adjusted for the effects of projected salary increases and step -rate benefits
estimated to be payable in the future as a result of employee service to date. The measure is intended to help
users assess the funding status of PERS on a going- concern basis, assess progress made in accumulating
sufficient assets to pay benefits when due and make comparisons among employers. The measure is the
actuarial present value of credited projected benefits and is independent of the funding method used to
determine contributions to the PERS.
The pension benefit obligation was computed as part of an actuarial valuation performed by PERS as of June
30, 1993, which is the most recent data available. Significant actuarial assumptions used in the valuation
include (a) a rate of return on the investment of present and future assets of 8.75% a year compounded
annually, (b) projected salary increases of 4.5% a year compounded annually, attributable to inflation, and (c)
projected salary increases of 2.5% attributable to seniority /merit.
Total over - funded pension benefit obligation applicable to the City's employees at June 30, 1993, the most
recent information available, is as follows:
Pension benefit obligation:
Retirees and beneficiaries currently receiving benefits
and terminated employees not yet receiving benefits
$58,020
Current employees:
Accumulated employee contributions including
allocated investment
645,731
Employer-financed vested
444,703
Employer-financed nonvested
105,196
Total pension benefit obligation
1,253,650
Net assets available for benefits, at cost
(Market value was $1,680,780 at June 30, 1993)
1,413,587
Over - funded pension benefit obligation
$159,937
C. Actuarially Determined Contribution Requirements and Contributions Made
PERS uses the Entry Age Normal Actuarial Cost Method which is a projected benefit cost method. That is, it
takes into account those benefits that are expected to be earned in the future as well as those already accrued.
28
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CITY OF DUBLIN
Notes to General Purpose Financial Statements
NOTE 10 - PENSION PLAN (Continued)
According to this cost method, the normal cost for an employee is the level amount which would fund the
projected benefit if it were paid annually from date of employment until retirement. PERS uses a modification
of the Entry Age Cost Method in which the employer's total normal cost is expressed as a level percentage of
payroll. PERS also uses the level percentage of payroll method to amortize any unfunded actuarial liabilities.
The amortization period of the unfunded actuarial liability ends on June 30, 2011.
The significant actuarial assumptions used to compute the actuarially determined contribution requirement are
the same as those used to compute the pension benefit obligation, as previously described.
Contributions to PERS are made in accordance with actuarially determined requirements computed through an
actuarial valuation performed as of year end. PERS contributions, which were entirely paid by the City,
consisted of the following for the fiscal years ended June 30, 1995 and 1994:
Covered payroll
Total payroll
Normal cost, including
employee contributions
Amortized over - funded
pension benefit obligation
Total
City contributions
Employee contributions
Total
D. Trend Information
Trend information gives an indication of the progress made in accumulating sufficient assets to pay benefits
when due. System wide ten -year trend information may be found in the California Public Employees'
Retirement System Annual Reports.
29
1995
1994
Percent of
Percent of
Covered
Covered
Amount
Payroll
Amount
Payroll
$ 1,590,481
$1,487,441
$ 1,834,842
$1,713,824
$211,661
13.3%
$195,278
13.1%
(1,439)
(.1%)
$211,661
13.3%
$193,839
13.0%
$100,327
6.3%
$88,812
6.0%
111,334
7.0%
105,027
7.0%
$211,661
13.3%
$193,839
13.0%
Trend information gives an indication of the progress made in accumulating sufficient assets to pay benefits
when due. System wide ten -year trend information may be found in the California Public Employees'
Retirement System Annual Reports.
29
CITY OF DUBLIN
Notes to General Purpose Financial Statements
NOTE 10 - PENSION PLAN (Continued)
For the fiscal years ended June 30, 1993, 1992 and 1991, net assets available for benefits funded 113 %, 111%
and 121% respectively, of the pension plan's total pension benefit obligation and the overfunded pension
benefit obligation represented 10.0 %, 7.0% and 10.6% respectively, of covered payroll. In addition, for the
three years ended June 30, 1995, 1994 and 1993, the City's contributions to the System, all made in accordance
with actuarially determined requirements, were 13.3 %, 13.0% and 11.4% respectively of annual covered
payroll. Other trend information required by Governmental Accounting Standard No. 5 is presented in the
City's Comprehensive Annual Financial Statement statistical section.
E. Social Security
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% of the employees pay. Total contributions for these
employees to Social Security, excluding medicare, during the year ended June 30, 1995 amounted to $29,250,
of which the City paid one -half.
NOTE 11- COMMITMENT AND CONTINGENT LIABILITIES
The City of Dublin, the City of Pleasanton and the Alameda County Surplus Property Authority reached an
agreement under which the City of Pleasanton constructed a further extension of Dublin Boulevard in the City
of Dublin. The City of Dublin has agreed to reimburse the City of Pleasanton the amount of $2,085,022 plus
accrued interest. The monies can only be repaid from proceeds of an assessment district, developer fees or
extractions, or special taxes levied for this purpose on properties benefiting from the improvements. There is
no specific due date.
The Cities of Dublin, Pleasanton and Livermore and the County of Alameda reached an agreement under which
Alameda County is constructing an animal shelter facility on County property, the estimated cost of which is
expected to be $3,900,000. Under the agreement the entities will share in the debt service costs of the project
based on their use of the animal shelter. Dublin's portion of the project, is presently 14.75% based on its 1994
usage, but may fluctuate based on actual usage. Construction is expected to be completed in late 1995 and
Dublin's share of the first debt service payment, due December 1, 1995 is estimated at $57,835.
The City participates in several federal and State grant programs. These programs have been audited by the
City's independent accountants in accordance with the provisions of the federal Single Audit Act of 1984 and
applicable State requirements. No cost disallowances were proposed as a result of these audits; however, these
programs are still subject to further examination by the grantors and the amount, if any, of expenditures which
may be disallowed by the granting agencies cannot be determined at this time. The City expects such amounts,
if any, to be immaterial.
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.
30
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CITE' OF DUBLIN
GENERAL FUND
' 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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1 33
CITY OF DUBLIN
GENERAL FUND
COMPARATIVE BALANCE SHEETS
NNE 30, 1995 AND 1994
34
1995
1994
ASSETS
Cash and investments
$19,663,863
$17,142,748
Receivables:
Accounts
599,719
385,783
Accrued interest
345,940
305,989
Due from other governments
91,387
274,232
Due from other funds
627,755
387,489
Prepaids
4,715
11,981
Total Assets
$21.333.379
$18,508,222
LIABILITIES
Accounts payable
$1,203,957
$280,743
Accrued wages
55,157
63,762
Accumulated unpaid general leave
142,980
124,105
Deposits payable
154,326
107,210
Liability insurance claims payable
137,210
Deferred revenues
173,713
220,361
Due to other governments
235
335
Total Liabilities
1,867,578
796,516
FUND BALANCES
Reserved for.
Investments held to maturity
14,299,648
13,808,042
Prepaids
4,715
11,981
Unreserved, designated for:
Liability insurance claims
137,210
Cemetery endowment
60,000
60,000
Economic uncertainty
1,369,133
1,369,133
Authorized expenditures
3,732,305
2,325,340
Total Fund Balances
19,465,801
17,711,706
Total liabilities and Fund Balances
$21,333.379
$18.508,222
34
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CITY OF DUBLIN
GENERAL FUND
STATEMENTS OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL
FOR THE FISCAL YEAR ENDED JUNE 30, 1995
WITH COMPARATIVE AMOUNTS FOR THE FISCAL YEAR ENDED JUNE 30, 1994
1995
REVENUES
Property taxes
Taxes other than property
Licenses and permits
Intergovernmental
Charges for services
Use of money and property
Fines and forfeitures
Other revenue
Total Revenues
EXPENDITURES
Current:
General government
Public safety
Highways and streets
Health and welfare
Community development
Culture and leisure
Capital outlay
Total Expenditures
EXCESS OF REVENUES OVER
EXPENDITURES
OTHER FINANCING SOURCES (USES)
Operating transfers in
Operating transfers (out)
Total Other Financing Sources (Uses)
EXCESS OF REVENUES AND OTHER
FINANCING SOURCES OVER
EXPENDITURES AND OTHER FINANCING USES
Fund balances at beginning of year
Fund balances at end of year
Budget Actual
1994
Variance
Favorable
(Unfavorable) Actual
$3,849,500
$3,944,284
$94,784
6,530,300
7,122,094
591,794
361,350
337,551
(23,799)
970,325
1,044,002
73,677
758,180
1,053,715
295,535
986,100
1,140,714
154,614
37,500
35,668
(1,832)
122,128
163,463
41,335
13,221,106
12,838,951
13,615,383
14,841,491
1,226,108
3,070,536
3,042,588
27,948
6,261,694
6,043,221
218,473
550,160
539,937
10,223
27,100
17,412
9,688
1,263,882
1,250,082
13,800
1,841,791
1,765,990
75,801
205,943
179,721
26,222
13,221,106
12,838,951
382,155
394,277 2,002,540 1,608,263
46,410 46,410
(294,855) (294,855)
(248,445) (248,445)
$394,277 1,754,095 $1,359,818
17,711,706
$19,465,801
35
$3,853,102
6,604,082
340,995
945,713
580,738
935,615
34,316
274,339
13,568,900
2,922,353
5,720,727
487,451
76
986,292
1,709,218
342,723
12,168,840
1,400,060
77,093
(41,884)
35,209
1,435,269
16,276,437
$17,711,706
CITY OF DUBLIN
GENERALFUND
SCHEDULE OF BUDGET VERSUS ACTUAL
DEPARTMENTAL EXPENDITURES
FOR THE FISCAL YEAR ENDED JUNE 30, 1995
General government:
City Council
City Manager
City Attorney
Administrative services
Building management
Insurance cost center
Elections cost center
Nondepartmental
Facilities rents
Total General Government
Public safety:
Police
Crossing guards
Fire Services JPA
Animal control
Disaster preparedness
Total Public Safety
Highways and streets:
Public works administration
Street maintenance
Street tree maintenance
Street landscape maintenance
Total Highways and Streets
Health and welfare:
Waste management
Total Health and Welfare
Community development:
Planning
Building safety
Engineering
Economic development
Total Community Development
Culture and leisure:
Library services
Heritage Center
Cemetary operations
Cultural activities
Park maintenance
Community cable television
Parks and community services
Total Culture and Leisure
Capital outlay:
Community improvements
General improvements
Parks
Street construction and improvements
Total Capital Outlay
Total Expenditures
1995
anance
Favorable
Budget Actual (Unfavorable)
$120,014
$106,703
$13,311
260,109
255,862
4,247
188,007
188,007
(4,022)
469,941
445,264
24,677
326,490
317,163
9,327
134,000
124,851
9,149
12,475
6,079
6,396
5,756
137,210
(131,454)
1,553,744
1,461,449
92,295
3,070,536
3,042,588
27,948
3,280,472
3,119,865
160,607
48,340
36,334
12,006
2,797,315
2,801,337
(4,022)
103,750
70,886
32,864
31,817
14,799
17,018
6,261,694 6,043,221 218,473
297,240
297,240
33,959
31,903 2,056
50,040
41,873 8,167
168,921
168,921
550,160
539,937 10,223
27,100 17,412 9,688
27,100 17,412 9,688
648,226
648,241
(15)
266,000
261,522
4,478
276,524
276,569
(45)
73,132
63,750
9,382
1,263,882
1,250,082
13,800
177,536
177,536
10,346
26,563
6,738
19,825
16,855
16,855
10,000
10,000
584,046
584,046
26,222
23,893
22,779
1,114
1,002,898
948,036
54,862
1,841,791
1,765,990
75,801
100,183
89,837
10,346
65,320
49,444
15,876
7,940
7,940
32,500
32,500
205,943
179,721
26,222
$13,221,106
$12,838,951
$382,155
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CITY OF DUBLIN
SPECIAL REVENUE FUNDS
' 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.
Special Criminal Activity Fund - Established to account for receipt of funds derived from asset forfeitures.
' Intermodal Surface Transportation Efficiency Act Fund - Established to account for receipt of Federal Aid
Urban Highway grants.
' Community Development Block Grant Fund - Used to account for grants and expenditures related to the
community development block grants.
' Park Dedication Fund - Established to account for park dedication fees received in lieu of property from
developers pursuant to the Quimby Act.
' 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.
Measure AA Fund - Established to account for park projects funded with Measure AA grants.
' Maintenance Assessment Districts - Established to account for revenue and related expenditures of lighting and
landscape activities.
' San Ramon Road Specific Improvement Plan - To account for maintenance of improvements to San Ramon
Road and Amador Valley Boulevard.
' SB300 Grant Fund - Established to account for grant receipts from the State used for capital improvements on
local streets.
' 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.
' 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).
' 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.
1 37
ASSETS
Cash and investments
Accounts receivable
Due from other governments
Condemnation deposits
Total Assets
LIABILITIES
Accounts payable
Due to other funds
Total Liabilities
FUND BALANCES
CITY OF DUBLIN
$6,571
457,734
SPECIAL REVENUE FUNDS
COMBINING BALANCE SHEETS
43,370
JUNE 30, 1995
WITH COMPARATIVE AMOUNTS FOR JUNE 30, 1994
Intermodal
Community
Sales
Special Surface
Development
Tax
Traffic State Criminal Transportation
Block Park
Measure Measure
Safety Gas Tax Activity Efficiency Act
Grant Dedication
B AA
$499,573 $1,851
$43,370
$34,735 $8,045
$52,815
$273,905
197,709
1499.573 $1.851 $471.614 $43,370 $34.735 $8 045 $52.815
$4,965 . $30,374
578
5,543 30,374
$560 $13,880
$6,571
457,734
36,799
560 471,614
43,370
$11,779
41,036
52,815
Reserved for condemnation deposits 197,709
Unreserved:
Designated for authorized expenditures 469,199 1,291 (197,709) 34,735 8,045
Undesignated (5,543)
Total Fund Balances (Deficits) (5,543) 469,199 1,291 34,735 8,045
Total Liabilities and Fund Balances $499.573 $1,851 $471.614 $43,370 $34735 $8,045 $52.815
38
'
MAINTENANCE DISTRICTS
San Ramon
Dougherty
Road Specific
Storm
TOTALS
Street
Stagecoach
Landscape
Improvement
SB 300 Vehicle
Water
Measure D
Garbage
Lighting
Landscape
& Lighting
Plan
Grant Abatement
Runoff
Recycling
Service
1995
1994
'
$207,194
$39,979
$136,687
$41,200
$26,518
$26,532
$193,922
$300,554
$1,516,790
$1,077,298
3,029
500
904
2,292
11,526
114,436
164,243
273,905
29,859
'
197,709
$210.223
$40.479
1137.591
$41.200
-$26518
$28.824
$193.922
$312.080
$2.102.840
$1.271.400
$19,332
$10,991
$10,838
$153
$14,407
$2,940
$126,790
$292,564
536,147
109,083
'
19,332
10,991
10,838
153
14,407
2,940
662,937
401,647
197,709
'
190,891
29,488
126,753
41,047
26,518
14,417
190,982
$312,080
1,247,737
914,832
(5,543)
(45,079)
190,891
29,488
126,753
41,047
26,518
14,417
190,982
312,080
1,439,903
869,753
$210.223
$40.479
$137.59]
$41.200
$26.518
$28.824
$193.922
$312.080
$2.102.840
$1.271.400
1
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39
CITY OF DUBLIN
SPECIAL REVENUE FUNDS
COMBINING STATEMENTS OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES (DEFICITS)
FOR THE FISCAL YEAR ENDED JUNE 30, 1995
WITH COMPARATIVE AMOUNTS FOR THE FISCAL YEAR ENDED JUNE 30, 1994
REVENUES
Sales and use taxes
Intergovernmental
Charges for services
Use of money and property
Fines and forfeitures
Other revenue
Special assessments
Total Revenues
EXPENDITURES
General government
City Council
City Manager
City Attorney
Public safety
Police
Traffic signals and street lights
Highways and streets
Public works administration
Street tree maintenance
Street sweeping
Street landscaping maintenance
Street maintenance
Health & Welfare -Waste management
Community development - engineering
Capital outlay
Dublin Boulevard Extension #I
Data processing upgrade
Traffic Signal Safety Upgrade
SidewalklHandicap Ramps
Kaleidoscope Activity Center
Tri- Valley Haven Project
Dublin Blvd. Widening
Street Lighting Acquisition
Annual street overlay project
Dublin Sports Grounds renovation
Dublin Swim Center
North Avenue bike path
Heritage Center
Dublin Boulevard extension 42
Shannon NPDES pilot project
Benchmarks & Monuments
Stagecoach Land upgrade
Dougherty Road/Sierra Signal
Total Expenditures
EXCESS (DEFICIENCY) OF REVENUES
OVER(UNDER) EXPENDITURES
OTHER FINANCING SOURCES (USES)
Contribution from Assessment District
Operating transfers in
Operating transfers (out)
Total Other Financing Sources (Uses)
EXCESS OF REVENUES AND OTHER
FINANCING SOURCES OVER (UNDER)
EXPENDITURES AND OTHER
FINANCING USES
Fund balances (deficits) at beginning of year
Fund balances (deficits) at end of year
$477,204
$550 23,363
24,557
25,107 500,567
$474,647 $72,476
$666
$2,080
$120,823
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AA '
$109,437
666 474,647 72,476 2,080 120,823 109,437'
3,697 1
47,611 32,498
211,903
6,000
17,266
15,232
13,393 '
10,000
267,937
62,618
2,280
45,483 3,380 109,437'
20,260
Intermodal
Community
Sales
Special
Surface
Development
Tax
Traffic State Criminal
Transportation
Block Park
Measure
Safety Gas Tax Activity
Efficiency Act
Grant Dedication
B
$477,204
$550 23,363
24,557
25,107 500,567
$474,647 $72,476
$666
$2,080
$120,823
I I
n
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Measure
AA '
$109,437
666 474,647 72,476 2,080 120,823 109,437'
3,697 1
47,611 32,498
211,903
6,000
17,266
15,232
13,393 '
10,000
267,937
62,618
2,280
45,483 3,380 109,437'
20,260
93,117
206,710 5,081
47,611 379,010 20,963
474,647 68,876 5,660 67,699 109,437
(22,504 121,557 20,297
3,600 (3,580) 53,124
(3,600)
(3,600
I
(22,504) 121,557 (20,297) (3,580) 53,124
16,961 347,642 21,588 38,315 45,079 '
$5 543 $469,199 $1,291 $34,735 $8,045
40 '
MAINTENANCE DISTRICTS
San Ramon
5,662
9,359
12,067
188,414
4,116
Dougherty
Road Specific
268,372
Vehicle
Storm
225
TOTALS
Street
Stagecoach
Landscape
Improvement
SB 300
Abate-
Water
Measure D
Garbage
Lighting
Landscape
& Lighting
Plan
Grant
ment
Runoff
Recycling
Service
1995
1994
105,135
2,696
214,599
158,821
$120,823
$117,623
92,455 586,950 679,405
542,622
$26,276
$20,207
658
$151,128
95,497
1,331,375
852,324
177,096
$567,532
744,628
742,458
$9,709
$1,347
$7,138
2,922
1,118
1,168
9,249
10,861
70,171
51,059
13,393
24,557
33,964
3,944
6,121
280,473
290,538
26,263
212,990
55,179
54,831
40,469
26,276
363,469
296,286
226,643
56,526
61,969
43,391
26,276
21,325
178,264
166,498
858,866
2,945,561
2,119,977
(42,810) (46,410) (9,451)
2,874 (726} 23,277
28,791 10,571 (9,733) 41,047 15,663 9,552 74,043 271,916 570,150 293,590
162,100 18,917 136,486 10,855 4,865 116,939 40,164 869,753 576,163
$190,891 $29,488 $126,753 $41,047 $26,518 $14,417 $190,982 $312,080 $1,439,903 $869,753
41
5,662
9,359
12,067
188,414
4,116
272,639
268,372
3,057
225
225
3,507
2,736
653
4,698
5,351
6,807
70,519
70,519
69,986
44,530
66,121
110,651
105,135
2,696
214,599
158,821
92,455 586,950 679,405
542,622
2,012
547
658
95,497
104,714
121,478
29,425
17,266
1,102
16,334
13,393
10,000
267,937
4,369
4,369
26,276
88,894
291,785
2,280
20,546
113,248
651
158,300
20,291
10,594
38,678
20,260
2,063
4,500
304,908
29,859
197,852
45,955
71,702
5,218 26,276
5,662 168,712
92,455 586,950 2,374,685
1,849,664
28,791
10,571
(9,733)
38,173
15,663 9,552
74,043 271,916 570,876
270,313
45,684
45,684
32,728
(42,810) (46,410) (9,451)
2,874 (726} 23,277
28,791 10,571 (9,733) 41,047 15,663 9,552 74,043 271,916 570,150 293,590
162,100 18,917 136,486 10,855 4,865 116,939 40,164 869,753 576,163
$190,891 $29,488 $126,753 $41,047 $26,518 $14,417 $190,982 $312,080 $1,439,903 $869,753
41
REVENUES
Sales and use taxes
Intergovernmental
Charges for services
Use of money and property
Fines and forfeitures
Other revenue
Special assessments
Total Revenues
EXPENDITURES
General government
City Council
Public safety
Police
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
Community development - Engineering
Capital outlay
Data Processing Upgrade
Traffic Signal Safety Upgrade
Sidewalk/Handicap Ramps
Kaleidoscope Activity Center
Tri- Valley Haven Project
Dougherty Road Improvements
Dublin Blvd Widening
Street Lighting Acquisition
Annual street overlay project
Dublin Sports Grounds renovation
Dublin Swim Center
Heritage Center
Benchmarks & Monuments
Dougherty Road/Sierra Signal
Total Expenditures
EXCESS OF REVENUES
OVER(UNDER) EXPENDITURES
OTHER FINANCING SOURCES (USES)
Contribution from Assessment District
Operating transfers in
Operating transfers (out)
Total Other Financing Sources (Uses)
EXCESS OF REVENUES AND OTHER
FINANCING SOURCES OVER (UNDER)
EXPENDITURES AND OTHER
FINANCING USES
Fund balances (deficits) at beginning of year
Fund balances (deficits) at end of year
CITY OF DUBLIN
BUDGETED SPECIAL REVENUE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES (DEFICITS)
BUDGET AND ACTUAL
FOR THE FISCAL YEAR ENDED JUNE 30, 1995
TRAFFIC SAFETY
STATE GAS TAX
Variance
Variance
Favorable
Favorable
Budget Actual
(Unfavorable)
Budget
Actual
(Unfavorable)
$463,800
$477,204
$13,404
$550
$550
23,200
23,363
163
$31,900 24,557
(7,343)
31,900 25,107
487,000
500,567
13,567
(6,793)
47,840 47,611 229 42,950 32,498 10,452
211,903 211,903
6,000 6,000
21,200 15,232 5,968
3,090 3,090
21,240 20,260 980
93,117 93,117
47,840 47,611 229 399,500 379,010 20,490
(15,940) (22,504) (6,564) 87,500 121,557 34,057
($15,940) (22,504) ($6,564) $87,500 121,557 $34,057
16,961 347,642
($5.543) $469.199
42
'
INTERMODAL SURFACE TRANSPORT-
COMMUNITY DEVELOPMENT
SPECIAL CRIMINAL ACTIVITY
ATION
EFFICIENCY
ACT
BLOCK GRANT
Variance
Variance
Variance
Favorable
Favorable
Favorable
'
Budget
Actual
(Unfavorable)
Budget
Actual
(Unfavorable)
Budget
Actual
(Unfavorable)
$2,265,291
$474,647
($1,790,644)
$64,137
$72,476
$8,339
'
$666
$666
$2,000
(2,000)
'
64,137
7Z476
8,339
(1,790,644)
474,647
(1,334)
2,265,291
2,000
666
1
6,180
3,697
2,483
t
'
17,269
17,266
3
13,393
13,393
10,000
10,000
10,000
10,000
23,910
23,910
'
2,082,000
267,937
1,814,063
'
50,000
45,483
4,517
206,710
206,710
23,449
20,963
2,486
2,312,620
474,647
1,837,973
83,393
68,876
14,517
(21,449)
(20,297)
1,152
(47,329)
47,329
(19,256)
3,600
22,856
(3,600)
(3,600)
'
(3,600)
(3,600)
'
($21,449)
(20,297)
$1,152
($47,329}
$47,329
($19,256)
$19.256
21,588
'
$1.291
(Continued)
'
43
CITY OF DUBLIN
BUDGETED SPECIAL REVENUE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES (DEFICITS)
BUDGET AND ACTUAL
FOR THE FISCAL YEAR ENDED JUNE 30, 1995
REVENUES
Sales and use taxes
Intergovernmental
Charges for services
Use of money and property
Fines and forfeitures
Other revenue
Special assessments
Total Revenues
EXPENDITURES
General government
City Council
Public safety
Police
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
Community development - Engineering
Capital outlay
Data Processing Upgrade
Traffic Signal Safety Upgrade
Sidewalk/Handicap Ramps
Kaleidoscope Activity Center
Tri- Valley Haven Project
Dougherty Road Improvements
Dublin Blvd. Widening
Street Lighting Acquisition
Annual street overlay project
Dublin Sports Grounds renovation
Dublin Swim Center
Heritage Center
Benchmarks & Monuments
Dougherty Road/Sierra Signal
Total Expenditures
EXCESS OF REVENUES
OVER(UNDER) EXPENDITURES
OTHER FINANCING SOURCES (USES)
Contribution from Assessment District
Operating transfers in
Operating transfers (out)
Total Other Financing Sources (Uses)
EXCESS OF REVENUES AND OTHER
FINANCING SOURCES OVER (UNDER)
EXPENDITURES AND OTHER
FINANCING USES
Fund balances (deficits) at beginning of year
Fund balances (deficits) at end of year
PARK DEDICATION
Variance
Favorable
Budget Actual (Unfavorable)
$2,200 $2,080 ($120)
7
SALES TAX MEASURE B '
Variance
Favorable
Budget Actual (Unfavorable)'
$116,000 $120,823 54,823
2,200 2,080 (120) 116,000 120,823 4,823 '
15,295 2,280 13,015
17,750 179750
3,380 3,380
36,425 5,660 30,765
(34,225) (3,580) 30,645
62,618 62,618
5,081 5,081
67,699 67,699 '
48,301 53,124 4,823
($34,225) (3,580) $30,645 $48.301
38,315
$34.735
53,124 54,823 I
(45,079)
$8.045
'
44 1
MEASURE AA STREET LIGHTING STAGECOACH LANDSCAPE
Variance Variance Variance
Favorable Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
$116,608 S109,437 ($7,171)
$7,700 $9,709 $2,009 $1,000 $1,347 $347
5,725 3,944 (1,781)
182,615 212,990 30,375 53,050 55,179 2,129
116,608 109,437 (7,171) 196,040 226,643 30,603 54,050 $6,526 2,476
194,415 188,414 6,001
3,391 3,057 334 1,267 225 1,042
2,210 653 1,557
50,880 44,530 6,350
2,620 2,012 608 705 547 158
400,000 4,369 395,631
118,434 109,437 8,997
118,434 109,437 8,997 600,426 197,852 402,574 55,062 45,955 9,107
(1,826) 1,826 (404,386) 28,791 433,177 (1,012) 10,571 11,583
($1,826) $1.826 ($404,386) 28,791 $433,177 ($1,012)
162,100
$190.891
45
10,571 $11,583
18,917
$29,488
(Continued)
CITY OF DUBLIN '
BUDGETED' SPECIAL REVENUE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND '
CHANGES IN FUND BALANCES (DEFICITS)
BUDGET AND ACTUAL
FOR THE FISCAL YEAR ENDED JUNE 30, 1995 '
DOUGHERTY LANDSCAPE SAN RAMON ROAD
AND LIGHTING SPECIFIC IMPROVEMENT PLAN
Variance Variance
Favorable Favorable
Budget Actual (Unfavorable) Budget Actual nfavorable
REVENUES
Sales and use taxes
Intergovernmental
Charges for services
Use of money and property
Fines and forfeitures
Other revenue
Special assessments
Total Revenues
EXPENDITURES
General government
City Council
Public safety
Police
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
Community development - Engineering
Capital outlay
Data Processing Upgrade
Traffic Signal Safety Upgrade
Sidewalk/Handicap Ramps
Kaleidoscope Activity Center
Tri- Valley Haven Project
Dougherty Road Improvements
Dublin Blvd. Widening
Street Lighting Acquisition
Annual street overlay project
Dublin Sports Grounds renovation
Dublin Swim Center
Heritage Center
Benchmarks & Monuments
Dougherty Road/Sierra Signal
Total Expenditures
EXCESS OF REVENUES
OVER(UNDER) EXPENDITURES
OTHER FINANCING SOURCES (USES)
Contribution from Assessment District
Operating transfers in
Operating transfers (out)
Total Other Financing Sources (Uses)
EXCESS OF REVENUES AND OTHER
FINANCING SOURCES OVER (UNDER)
EXPENDITURES AND OTHER
FINANCING USES
Fund balances (deficits) at beginning of year
Fund balances (deficits) at end of year
$6,300 $7,138 $838
52,600 54,831 2,231
58,900 61,969 3,069
$2,922 $2,922'
40,469 40,469
43,391 43 391
75,570 71,702 3,868
(16,670) (9,733) 6,937
1,102 1,102 '
5,712 5,218
$4,610 4,116
494
974
225 749
'
7,680
4,698 2,982
(42,810)
66,121
66,121
2,874
'
795
658 137
75,570 71,702 3,868
(16,670) (9,733) 6,937
1,102 1,102 '
5,712 5,218
494'
(5,712) 38,173
43,885
45,684
45,684'
(42,810)
(42,810)
2,874
2,874
($16,670) (9,733) $6,937 ($5,712)
136,486
-$126753
41,047 $46,759'
$41.047 '
46 1
SB 300 GRANT VEHICLE ABATEMENT STORM WATER RUNOFF
Variance Variance Variance
Favorable Favorable Favorable
Budget Actual (Unfavorable) Budget Actual (Unfavorable) Budget Actual (Unfavorable)
$13,046 $26,276 $13,230 $18,400 $20,207 $1,807
$172,956 $177,096 $4,140
1,200 1,118 (82) 1,168 1,168
14,000 (14,000)
13,046 26,276 13,230 19,600 21,325 1,725 186,956 178,264 (8,692)
6,050 5,662 388
526 526
73,360 70,519 2,841
5,620 2,696 2,924
107,450 95,497 11,953
26,276 26,276
26,276 26,276 6,050 5,662 388 186,956 168,712 18,244
(13,230) 13,230 13,550 15,663 2,113 9,552 9,552
($13,230) $13,230 $13,550 15,663 $2.113 9,552 $9.552
10,855 4,865
$26.518 $14.417
(Continued)
47
CITY OF DUBLIN
BUDGETED - SPECIAL REVENUE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES (DEFICITS)
BUDGET AND ACTUAL
FOR THE FISCAL YEAR ENDED JUNE 30 1995
, '
GARBAGE SERVICE
Variance
Favorable
Budget Actual nfavorable
REVENUES
Sales and use taxes
Intergovernmental
Charges for services
Use of money and property
Fines and forfeitures
Other revenue
Special assessments
Total Revenues
EXPENDITURES
General government
City Council
Public safety
Police
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
Community development - Engineering
Capital outlay
Data Processing Upgrade
Traffic Signal Safety Upgrade
Sidewalk/Handicap Ramps
Kaleidoscope Activity Center
Tri- Valley haven Project
Dougherty Road Improvements
Dublin Blvd. Widening
Street Lighting Acquisition
Annual street overlay project
Dublin Sports Grounds renovation
Dublin Swim Center
Heritage Center
Benchmarks & Monuments
Dougherty Road/Sierra Signal
Total Expenditures
EXCESS OF REVENUES
OVER(UNDER) EXPENDITURES
OTHER FINANCING SOURCES (USES)
Contribution from Assessment District
Operating transfers in
Operating transfers (out)
Total Other Financing Sources (Uses)
EXCESS OF REVENUES AND OTHER
FINANCING SOURCES OVER (UNDER)
EXPENDITURES AND OTHER
FINANCING USES
Fund balances (deficits) at beginning of year
Fund balances (deficits) at end of year
0
MEASURE D RECYCLING
Variance
Favorable
Budget Actual (Unfavorable)
$150,000 $151,128 $1,128
9,200 9,249 49
6,121 6,121
159,200 166,498 7,298
98,754 92,455 6,299
98,754 92,455 6,299
60,446 74,043 13,597
$524,400 $567,532
$43,132'
$312.080
10,861
10,861
280,473
280,473
524,400 858,866
334,466'
u
586,950 586,950 ,
C
586,950 586,950 '
(62,550) 271,916 334,466
$60.446 74,043 $13,597 ($62,550)
116,939
$190.982
271,916 $334,466 I
40,164
$312.080
'
48 1
TOTALS
12,230
9,359
Variance
289,815
272,639
Favorable
Budget
Actual
(Unfavorable)
$116,000
$120,823
$4,823
3,091,282
1,331,375
(1,759,907)
697,356
744,628
47,272
50,800
70,171
19,371
31,900
24,557
(7,343)
21,725
290,538
268,813
288,265
363,469
75,204
4,297,328
2,945,561
(1,351,767)
12,230
9,359
2,871
289,815
272,639
17,176
6,158
3,507
2,651
9,890
5,351
4,539
73,360
70,519
2,841
117,001
110,651
6,350
217,523
214,599
2,924
685,704
679,405
6,299
117,570
104,714
12,856
17,269
17,266
3
22,302
16,334
5,968
13,393
13,393
10,000
10,000
10,000
10,000
27,000
27,000
2,082,000
267,937
1,814,063
400,000
4,369
395,631
88,894
88,894
15,295
2,280
13,015
17,750
17,750
171,814
158,300
13,514
21,240
20,260
980
304,908
304,908
4,731,116
2,374,685
2,356,431
(433,788)
570,876
1,004,664
45,684
45,684
(46,410)
(46,410)
(726)
(726)
($433,788)
570,150
$1,003,938
869,753
$1,439,903
49
I
n
I
r
n
CITY OF DUBLIN
CAPITAL PROJECTS FUNDS
Capital Projects Fund - To account for acquisitions and constructions of capital facilities other than those financed
by proprietary funds.
The Dublin Boulevard Extension #1 Capital Projects Fund was established to account for infrastructure
improvements financed with resources received from other governmental agencies.
51
ASSETS
Cash and investments
Receivables:
Accounts
Accrued interest
Condemnation deposits
Total Assets
LIABILITIES
Accounts payable
Deposits payable
Deferred revenue
Due to other funds
Total Liabilities
FUND BALANCES
Reserved for condemnation deposits
Undesignated
Total Fund Balances (Deficit)
Total Liabilities and Fund Balances
CITY OF DUBLIN
CAPITAL PROJECTS FUNDS
COMBINING BALANCE SHEETS
JUNE 30, 1995
WITH COMPARATIVE AMOUNTS FOR JUNE 30, 1994
Dublin
Capital Boulevard
Projects Extension #I
TOTALS
1995 1994
$128,435
$263,765 $263,765 113,552
644
25,691
25,691
$289,456
$289,456
$242,631
$29,195
$29,195
$23,822
168,653
168,653
216,850
263,765
263,765
110,796
91,608
91,608
278,406
553,221
553,221
629,874
25,691
25,691
(289,456)
(289,456)
(387,243)
(263,765)
(263,765)
(387,243)
$289,456
$289,456
$242,631
52
CITY OF DUBLIN
CAPITAL PROJECTS FUNDS
COMBINING STATEMENTS OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES (DEFICITS)
FOR THE FISCAL YEAR ENDED JUNE 30, 1995
WITH COMPARATIVE AMOUNTS FOR THE FISCAL YEAR ENDED JUNE 30, 1994
REVENUES
Use of money and property
Other revenue
Total Revenues
EXPENDITURES
Capital outlay:
Dougherty Road improvements
Dublin Boulevard improvements/San
Ramon Road to Village Parkway
Dublin Boulevard Extension #I
Dublin Boulevard Extension #2
Public facility fee study
Downtown traffic impact fee study
East Dublin traffic fee impact study
Total Expenditures
EXCESS OF REVENUES OVER
(UNDER) EXPENDITURES
OTHER FINANCING USES
Operating transfers in
Total Other Financing Uses
EXCESS OF REVENUES OVER
(UNDER) EXPENDITURES AND
OTHER USES
Fund balances (deficits), beginning of year
Residual equity transfers (out)
Fund balances (deficits), end of year
Dublin TOTALS
Capital Boulevard
Projects Extension # 1 1995 _
1994
$21,370
$134,271 $134,271 53,903
134,271 134,271 75,273
43,007 43,007 7,370
199,547
199,547
23,969
163,885
6,368
7,119
7,119
7,433
7,433
30,134
30,134
12,429
287,240 287,240 214,021
(152,969)
(152,969) (138,748)
$276,447 276,447 (70,494)
276,447 276,447 (70,494)
(152,969) 276,447 123,478 (209,242)
(110,796) (276,447) (387,243) (165,101)
(12,900)
($263,765) ($263,765) ($387,243)
53
REVENUES
Other revenue
Total Revenues
EXPENDITURES
Capital outlay:
Dougherty Road improvements
Dublin Boulevard improvements/San
Ramon Road to Village Parkway
Public Facility Fee study
Downtown traffic impact fee study
East Dublin traffic fee impact study
Total Expenditures
EXCESS OF REVENUES OVER
(UNDER) EXPENDITURES
OTHER FINANCING USES
Operating transfers in
Total other Financing Uses
EXCESS OF REVENUES OVER
(UNDER) EXPENDITURES AND
OTHER USES
Fund balances (deficits), beginning of year
Fund balances (deficits), end of year
CITY OF DUBLIN
CAPITAL PROJECTS FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES (DEFICITS)
BUDGET AND ACTUAL
FOR THE FISCAL YEAR ENDED JUNE 30, 1995
CAPITAL PROJECTS DUBLIN BOULEVARD EXTENSION #I
Variance
Favorable
Budget Actual (Unfavorable) Budget
$431,509 $134,271 ($297,238) $280,000
431,509 134,271 (297,238) 280,000
43,007
43,007
377,500
199,547
177,953
10,500
7,119
3,381
14,290
7,433
6,857
30,134
30,134
475,431
287,240
188,191
Variance
Favorable
Actual (Unfavorable)
($280,000)
(280,000)
(43,922) (152,969) (109,047) 280,000 (280,000)
276,447 276,447
276,447 276,447
($43,922) (152,969) ($109.047) $280.000 276,447 ($3.553)
(1 10,796) (276,447)
($263.765)
54
TOTALS
Variance
Favorable
Budget Actual (Unfavorable)
$711,509 $134,271 ($577,238)
711,509 134,271 (577,238)
43,007 43,007
377,500
199,547
177,953
10,500
7,119
3,381
14,290
7,433
6,857
30,134
30,134
475,431
287,240
188,191
236,078 (152,969) (389,047)
276,447 276,447
276,447 276,447
$236,078 123,478 ($112,600)
(387,243)
($263,765)
55
CITY OF DUBLIN
AGENCY FUNDS
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.
Employee Deferred Compensation Plan - To account for assets of the City's Employee Deferred Compensation
Plan.
Dublin Boulevard Extension Assessment District Fund - To account for the special assessment established to
fund the improvements to Dublin Boulevard.
57
Balance
June 30, 1995
Employee Deferred Compensation Plan
CITY OF DUBLIN
AGENCY FUNDS
Deferred compensation mutual funds
STATEMENTS OF CHANGES IN ASSETS AND LIABILITIES
$113,525
FOR THE FISCAL YEAR ENDED JUNE
30, 1995
Balance
Deferred compensation payable
June 30, 1994 Additions
Reductions
San Ramon Road Specific Improvement Plan
$329,715
Cash and investments
$48,978
$48,978
Total Assets
$48,978
$48,978
Accounts payable
$169
$169
Deposits payable
3,125
3,125
Deferred revenue
45,684
45,684
Total Liabilities
$48,978
$48,978
Balance
June 30, 1995
Employee Deferred Compensation Plan
Deferred compensation mutual funds
$216,591
$113,525
$401
$329,715
Deferred compensation payable
$216,591
$113,525
$401
$329,715
Dublin Boulevard Extension Assessment District
Cash and investments
$172,913
$226,846
$242,864
$156,895
Restricted cash and investments
121,210
1,694
122,904
Accounts receivable
909
909
Total Assets
$294,123
$229,449
$242,864
$280,708
Due to bondholders
$294,123
$229.449
$242,864.
$280,708
Total Agency Funds
Cash and investments
$221,891
$226,846
$291,842
$156,895
Restricted cash and investments
121,210
1,694
122,904
Accounts receivable
909
909
Deferred compensation mutual funds
216,591
113,525
401
329,715
Total Assets
$559,692
$342,974
$292,243
$610,423
Accounts payable
$169
$169
Deposits payable
3,125
3,125
Deferred revenue
45,684
45,684
Due to bondholders
294,123
$229,449
242,864
$280,708
Deferred compensation payable
216,591
113,525
401
329,715
Total Liabilities
$559,692
$342,974
$292,243
$610,423
58
Source: City of Dublin Annual Financial Report
Includes Fire Services and Culture and Leisure Services Responsibilities Assumed July 1, 1988.
Includes Federal Aid Urban Expenditures Beginning in 1986 -1987.
a
0
O
F-
Total Governmental Expenditures
18000000
CITY OF DUBLIN
GOVERNMENTAL EXPENDITURES BY
FUNCTION
ALL GOVERNMENTAL FUND TYPES
LAST TEN FISCAL YEARS
General
12000000
Governmental
Public Safety
10000000
and Facilities
and Health and
Highways
Community
Culture and
Fiscal Year
Rents
Welfare
and Streets
Development
Leisure
Capital Outlay
Total
1985 -1986
$542,616
$1,676,247
$635,445
$961,541
$309,092
$3,641,282
$7,766,223
1986 -1987
2,208,131
1,770,331
730,051
1,062,858
365,193
3,668,733
$9,805,297
1987 -1988
2,308,376
2,039,119
813,482
1,091,901
524,622
2,914,458
$9,691,958
1988 -1989
1,286,201
3,986,097
941,276
1,336,870
1,026,538
3,214,398
$11,791,380
1989 -1990
2,047,506
4,672,847
1,021,641
1,583,504
1,274,861
2,652,683
$13,253,042
1990 -1991
3,593,481
5,095,032
1,041,627
1,827,354
1,459,419
3,403,128
$16,420,041
1991 -1992
3,339,061
5,683,582
1,025,265
1,541,207
1,682,262
5,273,041
$18,544,418
1992 -1993
3,066,025
6,091,718
998,843
1,409,594
1,733,786
2,697,724
$15,997,690
1993 -1994
2,922,353
6,543,864
830,936
1,107,770
1,709,218
1,118,384
$14,232,525
19941995
3,042,588
7,022,036
944,564
1,354,796
1,765,990
1,370,902
$15,500,876
Source: City of Dublin Annual Financial Report
Includes Fire Services and Culture and Leisure Services Responsibilities Assumed July 1, 1988.
Includes Federal Aid Urban Expenditures Beginning in 1986 -1987.
a
0
O
F-
Total Governmental Expenditures
18000000
16000000
14000000
12000000
10000000
8000000
6000000
4000000
2000000
0
M
a a
iA
m
iA m
m
a
iA
aco
a a a iA
Fiscal Years
1
CITY OF DUBLIN
GENERAL GOVERNMENTAL REVENUES BY SOURCE
ALL GOVERNMENTAL FUND TYPES
LAST TEN FISCAL YEARS
Source: City of Dublin Annual Financial Report
0
O
b�
H
Total Governmental Revenues
6000000
Use of
4000000
Licenses and
Inter-
Charges for
Money and
Fines and
Other
Special
Fiscal Year
Taxes
Permits
Governmental
Services
Property
Forfeits
Revenue
Assessments
Total
1985 -1986
$5,062,103
$410,246
$1,436,379
$682,324
$1,111,034
$68,995
$381,784
$435,995
$9,588,860
1986 -1987
5,837,811
586,320
1,965,454
593,407
883,644
91,755
501,802
157,704
$10,617,897
1987 -1988
6,179,005
532,696
1,660,205
466,673
1,074,160
94,584
593,069
246,915
$10,647,307
1988 -1989'
9,305,662
292,189
2,567,703
738,314
1,183,847
104,641
68,617
262,197
$14,523,170
1989 -1990
9,769,276
315,010
1,667,801
1,090,386
1,405,882
91,221
908,784
287,205
$15,535,565
1990 -1991
10,312,208
248,116
2,564,553
1,196,484
1,388,351
82,367
383,423
281,428
$16,456,930
1991 -1992
9,805,734
246,459
2,489,765
1,085,251
1,125,154
58,501
1,051,625
275,890
$16,138,379
1992 -1993
9,986,544
281,921
2,810,875
1,171,564
951,267
50,780
124,493
292,224
$15,669,668
1993 -1994
10,574,807
340,995
1,798,037
1,323,196
1,008,044
68,280
354,505
296,286
$15,764,150
19941995
11,187,201
337,551
2,375,377
1,798,343
1,210,885
60,225
588,272
363,469
$17,921,323
Source: City of Dublin Annual Financial Report
0
O
b�
H
Total Governmental Revenues
6000000
4000000
2000000
0000000
8000000
6000000
4000000
2000000
0
tG
co
t`
co
m W
co �R
O
N
O W O
O
G
Q
Cb 14 C6
Q W (0 Q co W OT
Fiscal Years
61
W l7
W �
CITY OF DUBLIN
ASSESSED VALUE OF TAXABLE PROPERTY
LAST TEN FISCAL YEARS
Source: Alameda County Office of the auditor- Controller
(All figures shown are net of exemptions.)
Total Assessed Value of Taxable Property
1600000000
1400000000
1200000000
1000000000
G° 800000000
9
12 600000000
400000000
200000000
0
co
Secured
M rn
7
Unsecured
C6
W
Fiscal Year
Property
Utility
Property
Total
1985 -1986
$598,426,296
$14,662,390
$74,740,855
$687,829,541
1986 -1987
721,792,937
16,371,040
82,214,150
$820,378,127
1987 -1988
802,835,061
18,759,300
85,253,484
$906,847,845
1988 - 1989
962,867,790
1,812,200
84,339,466
$1,049,019,456
1989 -1990
1,086,479,184
1,812,200
94,717,004
$1,183,008,388
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
19941995
1,426,206,284
4,497,120
97,359,845
$1,528,063,249
Source: Alameda County Office of the auditor- Controller
(All figures shown are net of exemptions.)
Total Assessed Value of Taxable Property
1600000000
1400000000
1200000000
1000000000
G° 800000000
9
12 600000000
400000000
200000000
0
co
co
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7
0)
L6
Of
f
r
C6
W
r.
ri
Cif 0)
0)
0)
co
rn
0) CD
d!
CD W
_W
6
co W
7
W
N
W
f�
CD
0)
Fiscal Year
62
CITY OF DUBLIN
PROPERTY TAX RATES
ALL OVERLAPPING GOVERNMENTS
LAST TEN FISCAL YEARS
63
Dublin San
Basic County
Ramon
Alameda
Wide Levy
School
Flood Zone
Bay Area
East Bay
Services
County
Fiscal Year
($1/$100)
Districts
State Bonds
Rapid Transit
Parks Bond
District
Library
Total
1985 -1986
$1. 000
$0. 1136
$0. 0429
$0.0508
$0.0000
$0.0000
$0.0055
$1.2128
1986 -1987
$1.000
$0.0820
$0.0185
$0.0421
$0.0000
$0.0000
$0.0051
$1.1477
1987 -1988
$1. 000
$0.0958
$0.0119
$0.0390
$0.0000
$0.0032
$0.0017
$1.1516
1988 -1989
$1.000
$0.0862
$0.0183
$0.0372
$0.0000
$0.0019
$0.0019
$1.1455
1989 -1990
$1.000
$0.0701
$0.0198
$0.0319
$0.0047
$0.0020
$0.0019
$1.1304
1990 -1991
$1.000
$0.1003
$0.0142
$0.0250
$0.0032
$0.0007
$0.0013
$1.1447
1991 -1992
$1. 000
$0. 0935
$0.0133
$0.0251
$0.0028
$0.0010
$0.0058
$1.1415
1992 -1993
$1.000
$0.0878
$0.0132
$0.0258
$0.0074
"
$0.0061
$1.1403
1993 -1994
$1.000
$0.0717
$0.0182
$0.0240
$0.0069
"
$0.0060
$1.1268
19941995
$1.000
$0.0799
$0.0166
$0.0235
$0.0066
$0.0057
$1.1323
Source:
Alameda County
Office of The Auditor - Controller
Rates Shown for
Tax Code Area 26-001 which includes approximately 88.5% of total
parcels.
'No longer assessed, bonded debt fully repaid.
63
CITY OF DUBLIN
COMPUTATION OF LEGAL DEBT MARGIN
June 30,1995
Assessed valuation:
Assessed value
Add back exempt real property
Total Assessed Value
Legal debt margin:
Debt limitation -15 percent of total assessed value
Percent of debt limit authorized and issued
Source: City of Dublin Finance Department
Excludes Certificates of Participation and 1915 Act Bonds since
they are not General Obligation Debt
64
$1,528,063,249
$52,490,161
$1,580,553,410
$237,083,012
0.00%
CITY OF DUBLIN
COMPUTATION OF DIRECT AND OVERLAPPING DEBT
June 30, 1996
(1) Excludes tax and revenue anticipation notes; revenue, and
tax allocation bonds; and non - bonded capital lease obligations.
Source: California Municipal Statistics, Inc. adjusted for City of Dublin for 1993 COP's issue.
65
Net Debt
Percentage
Outstanding
Applicable to
Applicable to
City of Dublin
City of Dublin
Jurisdiction
Alameda County Authorities
2.167°%
$7,193,877
Alameda County Superintendent of Schools
2.167°%
$158,408
Oakland - Alameda County Coliseum Authority
1.084%
$119,943
Bay Area Rapid Transit District
0.854°%
$1,431,091
Alameda County Flood control District, Zone #7
12.416°%
$28,557
Chabot -Las Positas Com'ty College Distr. Certificates of Participation
4.974°%
$82,817
Dublin Joint Unified School District
99.518°%
$19,775,099
Dublin Joint Unified School District Certificates of Participation
99.518°%
$129,585
Murray School District
99.518°%
$139,066
East Bay Regional Park District
1.206°%
$1,399,985
City of Dublin Certificates of Participation
100.000°%
$16,970,000
City of Dublin 1915 Act Bonds
100.000°%
$2,285,000
Total Gross Direct and Overlapping Bonded Debt
$49,713,428 (1)
Less: Oakland - Alameda County Coliseum Authority
$119,943
(100°% SELF - SUPPORTING)
Total
$49,593,485
(1) Excludes tax and revenue anticipation notes; revenue, and
tax allocation bonds; and non - bonded capital lease obligations.
Source: California Municipal Statistics, Inc. adjusted for City of Dublin for 1993 COP's issue.
65
CITY OF DUBLIN
DEMOGRAPHIC STATISTICS
LAST TEN FISCAL YEARS
Source: State of California Department of Finance - Population Research Unit
C
0
o.
0
d
City Population
5000
Alameda
City
Rank in Size
City
County
Population %
of California
Fiscal Year
Population
Population
of County
Cities
1985 -1986
15,450
1,181,000
1.31%
237
1986 -1987
17,650
1,201,400
1.47%
231
1987 -1988
20,850
1,214,200
1.72%
218
1988 -1989
21,950
1,234,900
1.78%
221
1989 -1990
23,550
1,252,600
1.88%
220
1990 -1991
23,500
1,293,000
1.82%
230
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
19941995
26,581
1,362,893
1.95%
228
Source: State of California Department of Finance - Population Research Unit
C
0
o.
0
d
City Population
5000
0000
5000
0000
5000
0
6 n CD
W W in
W
W
O N
W W W
M
M
'�d
W
1C'/
CD
CO �E'pD co WW
r
Fiscal Years
..
i
W W W 0) W
r r r r r
CITY OF DUBLIN
PROPERTY VALUE, CONSTRUCTION AND BANK DEPOSITS
LAST TEN FISCAL YEARS
100000000
90000000
80000000
70000000
c 80000000
0
0
E 50000000
a
40000000
10000000
0
- - • - - Commercial Construction Value
—!— Residential Construction Value
......0
Co
Fiscal Year
67
Total
Number of
Commercial
Residential
Fiscal
Permits
Construction
Construction
Year
Issued
Value
Value
Bank Deposits-
1985-1986
868
$17,720,298
$90,012,961
$294,462,000
1986 -1987
1193
11,784,737
44,889,395
$336,751,000
1987 -1988
1068
12,777,965
52,580,666
$378,557,000
1988 -1989
901
13,654,511
15,911,836
$399,923,000
1989 -1990
910
6,367,726
30,536,676
$439,781,000
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
19941995
739
6,718,045
2,368,943
Not Available
Source: Findley Reports, Inc. and City of Dublin Building Department Status Reports
100000000
90000000
80000000
70000000
c 80000000
0
0
E 50000000
a
40000000
10000000
0
- - • - - Commercial Construction Value
—!— Residential Construction Value
......0
Co
Fiscal Year
67
Fiscal Year
67
CITY OF DUBLIN
SCHEDULE OF 1985 CERTIFICATES OF PARTICIPATION COVERAGE
FISCAL YEARS 1985 -1988
Net Revenue Debt Service
Direct Available Requiremw2s
Fiscal Gros Operating For Debt
Year Revenue (1) Expenses (2) Service Principal Interest
1985 -1986 $667,811 $667,811 $667,811
1986 -1987 1,815,555 $443,194 1,372,361 $173,000 1,078,080
1987 -1988 13,180,797 27216 13,153,581 11,795,000 (3) 1,066,403
(1) Gros Revenue includes Rent, Interest Income and 1985 Certificates of Participation
proceeds earmarked for Debt Service. The 1987 -1988 total includes $11,615,000
principal amount of 1988 Certificates of Participation Proceeds used to defease
the 1985 Certificates of Participation.
(2) Direct Operating Expenses Excludes Interest and Depreciation
(3) Inhales 511,615,000 principal amount of 1985 Certificates of Participation
Defeased in 1988 and no Longer the City's Debt
Source: City of Dublin Annual Financial Report
•:
Total Coverage
$667,811 100.0000/0
1,251,080 109.694%
12,861,403 102.272%
CITY OF DUBLIN
SCHEDULE OF 1988 CERTIFICATES OF PARTICIPATION COVERAGE
FISCAL YEARS 1989 -1993
Net Revenue Debt Service
Direct Available Requiremeat
Fiscal (moss Operating for Debt
Year Revenue (1) Expenses (2) Service Principal Interest
(3)
Total
Coverage
1988 -1989 $1,547,681 $33,328 $1,514,353 $0 $1,178,501
$1,178,501
128.50%
1989 -1990 1,452,254 30,945 1,421,309 0
1,282,483
1,282,483
110.82%
1990 -1991 1,740,720 42,264 1,698,456 420,000
1,254,131
1,674,131
101.45%
1991 -1992 1,735,357 45,609 1,689,748 445,000
1,240,333
1,685,333
100.26%
1992 -1993 17,954,702 15,921,320 2,033,382 470,000
1,230,804
1,700,804
119.55%
(1) Grow Revenue Includes Facilities Rent, Interest Income and 1988 Certificates of Participation Procoeds
for Debt Service. 1992 -1993 total includes $16,123,345 of 1993 Certificates of Participation proceeds,
used to defease the 1988 COP's.
(2) Direct Operatmg Expenses Excludes Interest and Depreciation. Includes $15,895,000 principal amount
of 1988 Certificates of Participation defeased in 1993 which is no longer the City's debt
(3) Excludes amortization of bond discount
Source: City of Dublin Annual Financial Report
.•
CITY OF DUBLIN
SCHEDULE OF 1993 CERTIFICATES OF PARTICIPATION COVERAGE
FISCAL YEAR ENDED JUNE 30,1995
(1) Gross Revenue Includes Facilities Rent and Interest Income.
(2) Dired Operating Expenses Excludes Interest and Depreciation.
(3) Exchrdes amortization of bond discount.
Source: City of Dublin Annual Financial Report
70
Net Revenue Debt Service
Direct
Available Re9uirenuml
Fiscal
Gross
Operating
for Debt
Year
Revenue (1)
Expeaves (2)
Service Principal Interest (3) Total Coverage
1993 -1994
$1,564,715
$12,874
$1,551,841 5910,000 5622,816 $1,532,816 101.24%
1994 -1995
1,565,843
18,821
1,547,022 645,000 908,744 1,553,744 99.57%
(1) Gross Revenue Includes Facilities Rent and Interest Income.
(2) Dired Operating Expenses Excludes Interest and Depreciation.
(3) Exchrdes amortization of bond discount.
Source: City of Dublin Annual Financial Report
70
CITY OF DUBLIN
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM
FUNDING ANALYSIS
FISCAL YEARS 1986 -1993
The above information was not available for years prior to
1986 or for Fiscal Year 1994.
Source: California Public Employees Retirement System (PERS)
71
Percent of
Over &nded
Pension
Overfunded
Benefit
Obligation
Net Assets
Pension
Pension
Annual
to Annual
Fiscal
Available
Benefit
Percent
Benefit
Covered
Coveted
Year
For Benefits
Obligation
Funded
Obligation
Payroll
Payroll
1986-1987
$224,510
$193,490
116.03%
$31,020
$641,910
4.83%
1987 -1988
331,670
321,820
103.06%
9,850
818,530
1.200/9
1999 -1989
485,870
433,477
112.09%
52,393
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%
The above information was not available for years prior to
1986 or for Fiscal Year 1994.
Source: California Public Employees Retirement System (PERS)
71
CITY OF DUBLIN
PROPERTY TAX LEVIES AND COLLECTIONS
LAST TEN FISCAL YEARS
(1) Effective July 1, 1988, the City assumed responsibility for park maintenance
and fire protection services from Dublin/San Ramon Services District, which
operated these functions prior to 1988 -1989. At this time, the City also
acquired property taxes previously levied by Dublin/San Ramon Services District.
(2) 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.
Source: Alameda County Office of the Auditor - Controller
72
Percent of Total
Property Tax
Total Property
Tax Collected to
Fiscal Year
Levied
Tax Collected
Tax Levied
1985 - 1986
$467,835
$444,612
95.04%
1986 -1987
553,730
523,149
94.48°x6
1987 -1988
618,512
590,860
95.53%
1988 - 1989(1)
2,915,555
2,797,473
95.95%
1989 -1990
3,286,145
3,149,417
95.84%
1990 -1991
3,570,018
3,399,795
95.23%
1991 -1992
3,860,349
3,611,824
93.56%
1992 - 1993(2)
3,597,733
3,432,895
95.42%
1993 -1994
3,735,472
3,632,944
97.26%
19941995
3,836,151
3,614,558
94.22%
(1) Effective July 1, 1988, the City assumed responsibility for park maintenance
and fire protection services from Dublin/San Ramon Services District, which
operated these functions prior to 1988 -1989. At this time, the City also
acquired property taxes previously levied by Dublin/San Ramon Services District.
(2) 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.
Source: Alameda County Office of the Auditor - Controller
72
CITY OF DUBLIN
PRINCIPAL PROPERTY TAXPAYERS
June 30, 1995
Taxpayer
Cottonwood Associates
248 Apartment/Condominium Units
"Cottonwood"
RREEF Performance Partnership -1 LP
Business Park
"Sierra/Trinity"
Metric Institutional Company Investment Partners II
204 Apartment/Condo_minium Units
"Amador Oaks"
Phoenix Mutual Life Insurance Company
200 Apartment/Condominium Units
"Amador Lakes - Lot 5"
Rafanelli & Nahas
255 Apartment/Condominium Units
"Amador Lakes - Lots 3 and 4"
Dublin Associates
Retail Shopping Center
'Target, et al"
Rafanelli & Nahas & VM Rafanelli Vineyards
184 Apartment/Condominium Units
"Parkwood" (Total Project 244 Units)
Amador Lakes Associates
100 Apartment/Condominium Units
"Amador Lakes"
Dublin Spring Inc.
176 Apartment Units
"Springs"
St. Michael Investments
Retail Center/Theater
"Pier 1 /Good Guys/Super Crown/Tower"
Source: County of Alameda
Secured Assessed
Value
$19,271,604
$19,064,529
$17,496,060
$15,415,508
$14,864,907
$14,760,795
$13,102,719
$12,159,148
$12,058,223
$10,581,267
Total $148,774,760
73
Percent of Total
Secured
Assessed Value
1.2920%
1.2781%
1.1729%
1.0334%
0.9965%
0.9896%
0.8784%
0.8151%
0.8084%
0.7094%
9.9738%
CITY OF DUBLIN
TOP 25 SALES TAX PRODUCERS
1994-1995
Alameda County Auction
Am Pm Mini Mart
Circuit City
Crown Chevrolet
Dublin Chevron
Dublin Toyota Pontiac
El Monte Rents
Good Guys
Harvey & Madding Inc. (Dublin Honda)
Home Express
Las Plumas Lumber
Mervyn's
Montgomery Ward
Office Club
Orchard Supply Hardware
Pak N Save
Paper Corporation of America
Pay Less Drug Stores
Ross Stores
Shamrock Ford
T J Maxx
Target
Toys R Us
Valley Nissan Dodge Vw Audi
Viking Distributing
Percent of City Total Paid By Top 25 Accounts = 57.92%
Listed Alphabetically
Source: State Board of Equalization and HdL Companies.
74
CITY OF DUBLIN
MISCELLANEOUS STATISTICAL DATA
JUNE 30, 1995
75
Date of Incorporation
February 1982
EDUCATION:
of Government
Council/Manager
I. Public:
'Form
Employees
39
Elementary Schools
3
Population
25,853
Middle School
1
Area
Miles of Streets
9.0 Sq. Miles
52.60
High School
Continuation
1
1
Miles of Curbs
124.70
Signaled Intersections
20
Number of Street Lights
1,710
Average Daily Trips on I -680
115,000
Average Daily Trips on I -580
140,000
FIRE PROTECTION:
Public School Enrollment:
Dougherty Regional Fire Authority
September 1982
3,643
(Service area includes City of Dublin and a
September 1983
3,442
'portion
of the City of San Ramon)
September 1984
3,354
Number of Stations
2
September 1985
3,326
Number of Fire Personnel
50 - Safety
September 1986
3,407
4 - Non -safety
September 1987
3,499
'
September 1988
3,213
POLICE PROTECTION:
September 1989
3,135
'Number
of Stations
Number of Sworn Police Officers
1
28
September 1990
September 1991
3,150
3,173
Number of Civilian Support Personnel
3.5
September 1992
3,379
September 1993
3,511
PARKS AND RECREATION:
September 1994
3,550
Parks
9
September 1995
3,580
Acres in Parks
147
'
Number of Registered Voters
12,179
H. Private Schools Enrollment For 94195
(As of November 1994)
School Year:
COAEYIUNITY FACILITIES:
Valley Christian:
Elementary
538
Dublin Civic Center
Junior High
100
Dublin Senior Center
High School
183
'
Shannon Community Center
St. Philip Luthern Elementary (Pre K -6th)
187
Dublin Swim Center
St. Raymonds Catholic School (K -8th)
267
Dublin Sports Grounds
Montessori Fountainhead (Pre K -3rd)
.IiSQ
'
Total Private School Enrollment
1425-
Source: City of Dublin and Dublin Unified
School District Records
75