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CC AG PKT 2011-12-12 #E
SEA B JOINT AGENDA STAFF REPORT i o'gCIFORN° DATE: December 12, 2011 TO: Honorable Mayor, City Council, Redevelopment Agency, and Seal Beach Financing Authority THRU: Jill R. Ingram, City Manager /Executive Director FROM: Sean P. Crumby, Assistant City Manager /Public Works SUBJECT: CITY OF SEAL BEACH, REDEVELOPMENT AGENCY, AND SEAL BEACH FINANCING AUTHORITY ANNUAL REPORTS FOR FISCAL YEAR ENDED JUNE 30, 2011 SUMMARY OF REQUEST: Staff recommends that the City Council, the Redevelopment Agency, and Seal Beach Financing Authority receive and file the following annual reports for fiscal year ended June 30, 2011: A. City of Seal Beach Comprehensive Annual Financial Report (CAFR); B. City of Seal Beach Annual State Controller's Report (SCR); C. Seal Beach Redevelopment Agency (RDA) Annual Reports; D. Auditor's Management Letter to the City Council (SAS 112); E. Audit Communication Letter; F. Appropriations Limit Agreed Upon Procedures Report; and G. Seal Beach Financing Authority (SBFA) Annual Report of Special Districts BACKGROUND AND ANALYSIS: The audit firm of Lance, Soll & Lunghard LLP, has completed the annual audit of the City of Seal Beach and the Seal Beach Redevelopment Agency for the fiscal year ended June 30, 2011. The audit was conducted in accordance with generally accepted auditing standards and included examining, on a test basis, evidence supporting the amounts and disclosures to obtain reasonable assurance that the financial statements are free of material misstatements. In the opinion of the auditors, the financial statements fairly present, in all material respects, the financial position of the City of Seal Beach at June 30, 2011. Pursuant to the Health and Safety Code Section 33080.1 the Redevelopment Agency is required to submit to the governing body the following annual reports (Attachment C): Agenda Item E C -1 Independent Auditor's Report on the financial statement and on legal compliance; C -2 State Controller's Report. This report entitled "Annual Report of Financial Transactions of Community Redevelopment Agencies" contains the fiscal statement of the year; C -3 Statement of Indebtedness — Consolidated; C4 Housing Activities Report; C -5 Blight Progress Report; C -6 Loan Report; C -7 Property Ownership Report; C -8 Eminent Domain & Time Limits Report; and C -9 Additional Activities /Information ENVIRONMENTAL IMPACT: This action is exempt from the California Environmental Quality Act, because it is not defined as a "project" under CEQA. LEGAL ANALYSIS: Legal Counsel has reviewed and approved as to form. FINANCIAL IMPACT: There is no Financial Impact. RECOMMENDATION: That the City Council, RDA, and SBFA receive and file the following annual reports for fiscal year ended June 30, 2011: the City's CAFR, the Annual SCR, the RDA Annual Reports, the Auditor's Management Letter to the City Council (SAS112), Audit Communication Letter, the Appropriations Limit Agreed Upon Procedures Report, and the SBFA Annual Report of Special Districts. SUBMITTED BY: j (- �,x jgt� 2 Sean P. Crumby, JK Assistant City Manager /Public Works NOTED AND APPROVED: Out . J 'aOIVW . Ingram, Ci nager/ ive Director Prepared By: Shally Lin, Interim Director of Finance/Treasurer Page 2 Attachments: A. City of Seal Beach Comprehensive Annual Financial Report (CAFR) B. City of Seal Beach Annual State Controller's Report (SCR) C. Seal Beach Redevelopment Agency (RDA) Annual Reports (C -1 THRU C -9) D. Auditor's Management Letter to the City Council (SAS 112) E. Audit Communication Letter F. Appropriations Limit Agreed Upon Procedures Report G. Seal Beach Financing Authority (SBFA) Annual Report of Special Districts Page 3 ATTACHMENT «A„ CITY OF SEAL BEACH COMPREHENSIVE ANNUAL FINANCIAL REPORT (CAFR) •t THE YEAR END JUNE 30, 2011 Copies available for public review: City Clerk's Office Mary Wilson Library Rossmoor/Los Alamitos Library Leisure World Library ATTACHMENT «B„ CITY OF SEAL BEACH ANNUAL STATE CONTROLLER'S REPORT (SCR) • THE YEAR ENDED JUNE 30, 2011 CITIES FINANCIAL TRANSACTIONS AND COMPENSATION REPORT COVER PAGE City of Seal Beach Fiscal Year: 2011 ID Number: 11983085700 Certification: I hereby certify that, to the best of my knowledge and belief, the report forms fairly reflect the financial transactions of the city in accordance with the requirements as prescribed by the California State Controller. City Fiscal Officer Signature Name (Please Print) r *Tl ►olhl// Date' Per Government Code section 53891, this report is due within 90 days after the end of the fiscal year. If filed in electronic format, the report is due within 110 days after the end of the fiscal year. Please complete, sign, and mail this cover page to either address below. Mailing Address: Express Mailing Address: State Controller's Office State Controller's Office Division of Accounting and Reporting Division of Accounting and Reporting Local Government Reporting Section Local Government Reporting Section P. O. Box 942850 3301 C Street, Suite 700 Sacramento, CA 94250 Sacramento, CA 95816 Supplement to the Annual Deport of California Municipalities City Name: L �-c k Marls the appropriate box below to indicate the ending date of your agency's fiscal year. Report data for that period only. 0 September 2010 ' June 2011 Return this form to the California State Controller's Office. If you have any questions regarding this form please contact: U.S. Bureau of the Census, Shannon Doyle, 1- 800 - 242 -4523 1. Reference: State Controller's Report — Please refer to your State Controller's Report to answer questions A -D. Section A: From the Schedule of Net Expenditures, General Government (Legislative) — Indicate the operating expenditures (Column A) and capital outlay amounts (Column B) you included in the `Legislative' field that relate to the financial administration (i.e. finance director, city auditor, treasurer; central accounting and purchasing services, budgeting, etc. - including related data processing) of your government, if any. Column A — Operating Expenditures: E23 $ Column B — Capital Outlay Amount: Equipment and Land G23 $ Construction F23 $ ,� Section B: From the Schedule of Net Expenditures, General Government (Legislative) — Indicate the operating expenditures (Column A) and capital outlay amounts (Column B) you included in the `Legislative' field that relate to the city attorney and prosecution (exclude probation and parole), if any. Column A — Operating Expenditures: E25 $ y 500 Column B — Capital Outlay Amount: Equipment and Land G25 $ ,®- Construction F25 $ Section C: From the Schedule of Net Expenditures, General Government (Management and Support) — Indicate the operating expenditures (Column A) and capital outlay amounts (Column B) you included in the `Management and Support' field that relate to the financial administration (i.e. finance director, city auditor, treasurer; central accounting and purchasing services, budgeting, etc. - including related data processing) of your government, if any. Column A — Operating Expenditures: E23 $ (0 410 Column B — Capital Outlay Amount: Equipment and Land G23 $ $ Construction F23 $ .f�" Section D: From the Schedule of Net Expenditures, Public Safety (Police) — Indicate the operating expenditures (Column A) and capital outlay amounts (Column B) you included in the `Police' field that relate to the city attorney and prosecution (exclude probation and parole), if any. Column A — Operating Expenditures: E62 $ $ Column B — Capital Outlay Amount: Equipment and Land G62 $ Construction F62 $ ,Q 2. Intergovernmental Expenditures Indicate the recipient agency, purpose, and the amount of intergovernmental payments over $100,000 made by your government during the year. Paid to: Purpose: Amount: a. & 0-F iJ t li i C O b. C,J N A � l A v vices 5 7 Z c. kl Ul 0 l 'JU. . 5 1 3 d. () C W _ W a� t tfi' (j1\ .LS21S 6 c. OCr- -A i t re- OVGf CM '� d - 19 ' 1 V73 R wgme44 ,'75 U.S. Bureau of the Census —Revised 5/2011 of:-Seal Beach, . :Cities. Financial I r.'a "nsactioiis; Report , General Information Fiscal Year 2011 Members of the Governing Body lGovernmental Financial Services First Middle Middle Initial ❑ First Name Initial Last Name Mayor Michael ❑ Levitt . Member 1 IGordon ❑ Shanks 1 Member 2 IlDavid ❑ Sloan 1 Member 3 Ellery ; F--j �Deato�� Member 4 Gary — j J A IMiller Member 5 Member 6 Member 7 — 1 ❑ F— Member 8 ❑ Member 9 C � Member 10 ❑ —� City Fiscal Officer Middle First Name Initial Last Name Sean j ❑ Crumby Title jAssistant City Manager /Dir of PW Mailing Address Street 1 1211 Eighth Street Street 2 City ISealBeach State P;k7 Zip 90740 - Email bird ers eal -beaeh sa- ❑ Is Address Changed? tilt)G Ex , l 6 eoee Le a,. u ) Rbport Prepared By Firm Name lGovernmental Financial Services First Julie Middle Initial ❑ Last Matsumoto Title lConsuitant Telephone (949) 654 -1044 Fax No. (949) 654 -2217 Email •ulie- gfs @hotmail.com General Information Page 1 9/30/2011 ...y a. ^ +.- •Y.C9'".. -.- �Ci. •_. {. ... ..ir -.1 4.S.YS -.� s- •.1'..O . 1Y'.i� 1�t'__ +i "'�. -,�: •3'.•4 Y' �'•���. ��•� Y t S Y. Cifies .FinanclallAT,ransactions� 6F I tdt6A 'Seivice Fund �r•�i -. .�.'k��"x::. ti�.f••- -_ 'bj`•SC .roa`�.. _�j�.4'_ {C.X .•�„r �"'� . ro• � ,�.�,J•f.�:1+'t: - .�•Fi�� 2: �, •i• i i� a ..' ; �i vS.l I .S. ^ _ !�'• •.•'�. `' .. .. : c .. � ..�. ... - . - .� - — .. ._...5.` ..x ...:_':.. � -:•. �.........:C :: _.. -..>. d;. - ...... u..,-,_;a:.n..• — , .Yt:....s4_.. -.a4•. __. .. .. ... ... r -. -� ... . a .. ._ - ... Operating Revenue Fiscal Year 2011 Fund Name (Specify) Vehicle Replacement Operating Revenue Charges for Service F___ Other Operating Revenue Total Operating Revenue $o Operating Expense Personal Services Contractual Services Supplies Materials Other Operating Expenses General and Administrative Expense Depreciation Expense 33,861 Total Operating Expense I $33,861 Operating Income (Loss) ($33,861) Non - Operating Revenue Interest Gain on Sale of Assets Other Total Non - Operating Revenue $0 _ Non - Operating Expense Interest Loss on Sale of Assets Other Total Non - Operating Expense - $0 Operating Revenue Page 1 9/3012011 ��: :;��f:�; "�� ��° ' -' ~ �`• -'," :�Cit � of Seal�Beach`�:' - . ..._. .....'`�'..._ _ .....:�•. .._ ., . '.: ; 'vim ri " Clties c .Finalicial;Transact ons Report= biternal .S_erviavuria �. a, Ss.: xr. ., . t�r .•7h 'i T J' :�..tiq: ryy - :.Y�7 � e.i i -•' s -° 3' _ .. Y{ie :¢' - •,Y�: :{y N4:_Sz •� Y:J i'.' .y'�i'::fy _.. w+n::a: .a �....:I:...,...t .i: • r.:: i. ... J.• ._ _. 3. .... a «.w '.C'1- • ....t ;}. �.....Y. ".. .... .... . .. .. ... .e. ... •..s ;s.. .._. .._ _.,, a. ..+. Operating Revenue Fiscal Year 2011 Fund Name (Specify) Vehicle Replacement Operating Transfers In (Out) Excess (Deficiency) of Charges Over Expenses Depreciation That Reduces Contributed Capital Increase (Decrease) In Retained Earnings_ ($33,861) Retained Earnings, Beginning $1 Adjustments 270,144 Reason for Adjustments Prior year audit adjustments Retained Earnings, Ending $2,229,764 Equity Contributed Capital: (Current Year) State Federal Other Total Current Year Contributions $0 Residual Equity Transfers In (Out) F Depreciation Applied to Contributed Capital Net Increase (Decrease) to Contributed Capital r $0 Contributed Capital, Beginning $0 Adjustments Reason for Adjustments Contributed Capital, Ending $0 Retained Earnings, Ending $2,229,764 Total Equity, Ending • $222 Retained Earnings - Reserved Retained Earnings - Unreserved _ $ 2,229,764 Operating Revenue Page 2 9/30/2011 , ' •: ;._:�' : _ C tY _of'�Sea1, _Ae .C.ties�Fiiiancal Transact Repo Sewe�Activify %Eriferpri'sef Operating Revenue Fiscal Year 2011 Is This Function Accounted for as an Enterprise Fund? JYes Operating Revenue 197,617 Sewer Service Charges 1 663,895 Sewer Connection Fees , 7,511 Sewer Service Penalties 534,572 Other Operating Revenue 1,544,155 Total Operating Revenue $2,215,561 Operating Expense Transmission 26,033 Treatment and Disposal Plant 197,617 Taxes General and Administrative Expense 518,998 Depreciation Expense 534,572 Total Operating Expense $1,277,220 Operating Income (Loss) $938,341 Non - Operating Revenue Interest 33,239 State Federal County Gain on Sale of Assets Other Total Non - Operating Revenue $33,239 Non - Operating Expense Interest 135,104 Loss on Sale of Assets Other Total Non - Operating Expense $135,104 Operating Transfers In (Out) — 7 Net Income (Loss) $836,476 Depreciation that Reduces Contributed Capital Increase (Decrease) in Retained Earnings $836,476 Retained Earnings, Beginning $18,362,188 Adjustments Reason for Adjustments Residual Equity Transfers In (Out) Retained Earnings, Ending $19,198,664 Operating Revenue Page 1 9/30/2011 .-- �...- •T...�.._• -� r: -••_il _• .._ -. .... .. -�. -. f: _. _•._. �`- :Y^•.:� . fR r „ 4M ,i .., -. . `` • � � • : ',:• �.. °.�. Beach�� -_.�' ��d::.,.... •.. _..:.r- ....;..., • � .,: ..,..w�:.`y�.y ...;.�,.�.... -'• s.�� r i: v• ...t .y -,s -"• .' • "•"�..;•_ r * •�,. ; .. - CitiesT al Transact o"port :'.Sewer.•�Actiyify /Enterprise . -.. 4F+.. :a if::,+...,4Y ,... ,•Roil :.,.. _.r �- . • -.w+ _. - s... ..... ...... .. �i.r ... `a,.•. t �1).'�. -. .. w. .. .. Operating Revenue Fiscal Year 2011 Equity Contributed Capital: (Current Year) State Federal Connection Fees (Capital) County Contribution from Non - Government Sources Other Total Current Year Contributions Residual Equity Transfers In (Out) Depreciation Applied to Contributed Capital Net Increase (Decrease) to Contributed Capital Contributed Capital, Beginning Adjustments Reason for Adjustments Contributed Capital, Ending Retained Earnings, Ending Total Equity, Ending Retained Earnings - Reserved Retained Earnings - Unreserved Revenue /Expenditure Schedule Adjustments Total Proceeds from Sale of Assets Principal Payments on Debt Service Capital Lease Payments Current Year Capital Outlay Other (Specify, maximum of 5 entries allowed) 19,1 $19,198,664 3,570,000 53,327 $3,310000 Specify: Amount: Other Debt Proceeds I 3,317000 Total: $3.317000 Operating Revenue Page 2 9/30/2011 $0 Cit`y'ofrS,eal'Bgach;'_ _ :. 4 ; Cities :Finaricial:•Trahsact116hi Report - Transit A6tivity /Enterprise- Operating Revenue Fiscal Year 2011 Is This Function Accounted for as an Enterprise Fund? INo Operating Revenue Passenger Fares I 82,010 Transportation Revenues Non - Transportation Revenues 24,600 Interest Local Cash Grants and Reimbursements $0 Local Assistance $106,610 Local Sales Tax TDA 1/4 Cent Sales Tax State Cash Grants and Reimbursements State Transit Assistance Funds Other State Grants Federal Cash Grants and Reimbursements Other Operating Revenues Total Operating Revenues $106,610 Operating Expense Salaries and Fringe Benefits Services — � Materials and Supplies Utilities, Casualty, and Liability Costs Purchased Transportation Miscellaneous Expense/Transfers Depreciation Expense Total Operating Expense $0 Operating Income (Loss) $106,610 Other Reconciling Items Gain or (Loss) on the Sale of Assets Net Income (Loss) Depreciation that Reduces Contributed Capital Increase (Decrease) In Retained Earnings Retained Earnings, Beginning Adjustments Reason for Adjustments Retained Earnings, Ending $106,610 $0 Operating Revenue Page 1 9/30/2011 C }} y o 8•s c`^-:;,'1,"�t:-vs�^sara- �� � yr� r,';: s •- H -, r•- ' : T•• r{ �r•: t':" T "'^r•saz�-- ^;r,_ °... - -. ; �._.._ a F.,�• �• f: Cties_: �Firianclal; TransactionsReport�= :Transit�•Activity /Eiite� prise. ��� �� -�� ,yi ^Sr.}Y,�y.,, `i° "J� �j1`.� :' • 1. +� -., •.. ; �.:. 7': a. r "7',i :, r• °':i�l: � tii$ °!. N•,+ a,. ,s .. ti•'1��Ii.�:�S'��� _ �1:'� �•es,,;,. 'r, - s¢ ,' i'. � ,r a• S � e - � � ..:' .` _� �^.•�. _,: r•ohtp� ' x�. :'. • ,s <_...- "a�`nY -� -.._. rt.. .�+..,,.....Y .. e_. �+ �: J•:. ._._.�A- .� i- v.r..:.ef.�i�w a•.�. ..:if: e_.. .�.m �a _:z. l... :_.:.C� ,�: _ Operating Revenue Fiscal Year 2011 Equity Contributed Capital: (Current Year) State Federal County Contribution from Non - Government Sources Other Total Current Year Contributions Residual Equity Transfers In (Out) Depreciation Applied to Contributed Capital Net Increase (Decrease) to Contributed Capital Contributed Capital, Beginning Adjustments Reason for Adjustments Contributed Capital, Ending Retained Earnings, Ending Total Equity, Ending Retained Earnings - Reserved Retained Earnings - Unreserved Revenue /Expenditure Schedule Adjustments $0 _.$ _ $0 Total Proceeds from Sale of Assets Principal Payments on Debt Service Capital Lease Payments Current Year Capital Outlay Other (Specify, maximum of 5 entries allowed) Specify: Amount: Operating Revenue Page 2 9/30/2011 t �'• ..��� '`• °� �•k ��•: ��' - •:City_•�of�Seal BeacFi�• ,•- ' .�: � �::,•` •` • - ;, 3 ` :CitjesFinancial ;Trap "sactions�Re o'rt:= Water• +`Activity /Enterprise IT Operating Revenue Fiscal Year 2011 Is This Function Accounted for as an Enterprise Fund? IYes Operating Revenue Retail Sales of Water - Within City Limits F__4, Retail Sales of Water - Outside City Limits I Wholesale to Other Water Utilities for Resale I I Sales to Municipal Departments Hydrant Rental or Fire Service Charge 62,663 Other Sales or Service 2,920 Water Connection Fees 10,400 Rent from Waterworks Property Other Water Operating Revenues 2,463 Total Operating Revenue $4,193,287 Operating Expense Source of Water Supply 1,873,895 Pumping Expense Water Treatment Expense Transmission and Distribution Expense Customer Account Expense Sales Expense General and Administrative Expense 1 1,603,576 Depreciation Expense 1 522,696 Total Operating Expense $4,000,167 Operating Income (Loss) r $193,120 Non - Operating Revenue Interest 1 75,921 State I I Federal i County — � Gain on Sale of Assets Other Total Non - Operating Revenue 1 $75,921 Operating Revenue Page 1 9/30/2011 �• +'- r�s��. :: -� ::���. .'��: .:Ciy� Sear, Beach. �.-.: �, �;;'.:: :.:����:.'.�wi:..,�:.�:;��.�:�_ �.��� '�..�.� .�, t es. Financial: T "ransact'r'ons��Rep6rt., .Water° Activity /Enterprise':: } „� ., Y 3, '... �'N' <Sf 5 S .'"'t sk:6• 7 ,f`^ "•LS'fhJ.: $"V�.r n:. _- r9 .:y "'`•s�': .� ., ^,;;•_'`� .. -., 3`'. �+ K. :_ _.._ „_.w".1” �_�f_� - �.� -` �u* t 4: �.:...:..{ ���,_ �..:: a. s_ u,:::_ �.._ :.xr:�.:..._.::x:.:.�.._,`s..:� Operating Revenue Fiscal Year 2011 Non - Operating Expense Interest 5,580 Loss on Sale of Assets $23,791,869 Other Total Non - Operating Expense .. . .. ...... ...... $5,580 Operating Transfers In (Out) — � Net Income (Loss) $2 63,461 Depreciation that Reduces Contributed Capital Increase (Decrease) in Retained Earnings J $263,461 Retained Earnings, Beginning $23,528,408_ Adjustments ^ � Reason for Adjustment $0 Residual Equity Transfers In (Out) Retained Earnings, Ending $23,791,869 Equity Contributed Capital: (Current Year) State — � Federal Connection Fees (Capital) County Contribution from Non - Government Sources Other Total Current Year Contributions $0 Residual Equity Transfers In (Out) Depreciation Applied to Contributed Capital — � Net Increase (Decrease) to Contributed Capital $0 Contributed Capital, Beginning $196,166 • Adjustments Reason for Adjustments Contributed Capital, Ending $196,166 Retained Earnings, Ending $23,791,869 Total Equity, Ending $23,988,035 Retained Earnings - Reserved Retained Earnings - Unreserved $23,791,869 Operating Revenue Page 2 9/30/2011 .:x "3-. i .. . i•v . : .� : ' i3. . s •.• ten '._ :.., —. ..: _ .. `.,.. _�_•... ,... _...;1... , ; f s..t _ ...... ..i..' ,^... _ _ -- ��� -, . .r :. ..sr.;r ?!H •CX— •_,•�••— :••- ....... ..... ..,,,e .... —_ ��..`L�+T.s`..r ..t —...; ....: .� ' cl ' t•.' sti- xClti�es .Fina'ncial�Transactiorisi ;Report = :Watery -Aity /E:nterprlse• T ": ata.Jt' ryyy{{{. >_:K..:' ^ �.-. s jr: t _ ; .ts•:T+:;�, .s_•� : - . ,Y. f.YI•.S3' :x' ' .. .s_ ......_ Al L ;y _ Operating Revenue Fiscal Year 2011 Revenue /Expenditure Schedule Adjustments Total Proceeds from Sale of Assets Principal Payments on Debt Service 11,49 Capital Lease Payments Current Year Capital Outlay 2,846,919 Other (Specify, maximum of 5 entries allowed) Specify: Amount: Minimum Residential Periodic Charge Minimum Residential Periodic Charge (Report in Dollars and Cents. 1.25) Water Included In Min. Periodic Charge (In Cubic Feet) Minimum Periodic Charge Covers (In Months) Number of Accounts - Direct Customers - Within City Limits Number of Accounts - Direct Customers - Outside City Limits Number of Accounts - Other Water Utilities or Agencies Use Whole Acre Feet for Quantities of Water Below:* Water Purchased from Other Agencies Total Water Introduced into System Water Sold to Direct Customers Water Sold to Other Water Utilities or Agencies Water Sold to or Used by City (Not Accounted For In Line 9 or 10 Above) Water Lost Through System Total Water Sold, Used, or Lost Water Services Provided by Other Than the City (Yes or No) 34.26 1, 294 2,204 3,324 1041 70 $3,498 - Conversion Table 1 Acre Foot = 43,560 Cubic Feet 1 Cubic Foot = 7.48052 Gallons 1 Acre Foot = 325,851 Gallons (Round to the Nearest Acre Foot) Operating Revenue Page 3 9/30/2011 ;� _�::..; = .I; :�Y� .�£ � •,:' :: _ 'Ci Beach:•. _ -.� _ � �, •:r <. , ; h'`:• er .; . ....s:: .t, : .�, „ -.r, tom, :.... .. <:” -.;+: -... - - 'F• - - rrfi..+.a -..� ^•: -• < �,<, _'_;. ..._. f.. �.r�w°t' -,'-f: f•° _ 4s: f+ ,.ya.. -u° J- ;i., S . �e'a5��•.: ,�� +k...' -, r. ` 'i.. ... :" .. , °�F.:: 4.� %¢C ities�' Financial: Transaction 's�Re „ drtR;:Other� °Activit /Enter rlse•„ 'ti • =: �: <��;� � fqq'i.l� a �Y p i %, '� �,.e �.i • ' ": - -�}.: ":,.Y� y: }��Ji�.'` ryggy .t,,+.R.nv i�.•�: -x.n � �n r;w.�•�xr •� � . ,�[ ,. .� r. 7 .�.� , r�� ": _{ e+ i - .gJtn ��' ', '� , s�'.�'��'�i n � �`,- • -^{ �.w y„)•r +•^” �."y•._,_. a` rY. L�Si' „���^:y..t•.'L.1�'- �1.:... -�'.r •i�.trr.t'�.. : w . %_.;l,l{,•.- '� "y "• -:. ° a'iaf5_cri . ri s ^t,` �:..::,• " : a $'l:en c6� �; i `:i' d :'S Y s; kr;. :i.In r t �._..'a� ; .�„ ;''.... ,.; ` :,:'t ..._' 2:c... F 2 Operating Revenue Fiscal Year 2011 Enterprise Name Parking Facilities Is This Function Accounted for as an Enterprise Fund? Charges for Service Other Operating Revenue Total Operating Revenue Operating Expense Personal Services Contractual Services Supplies Materials Other Operating Expenses General and Administrative Expenses Depreciation Expense Total Operating Expense Operating Income (Loss) Non - Operating Revenue Interest State Federal County Gain on Sale of Assets Other Total Non - Operating Revenue Non - Operating Expense Interest Loss on Sale of Assets Other Total Non - Operating Expense No 474,715 - $474,715 $474,715 f Operating Revenue Page 1 9130/2011 CtyofSeakBeach:�' ':> . y �: FlriancialTransactio_nss- Report= :Other Activity /Enterp "rise 3.F; .y:''`<' .rb;. :�'y`�:" •. ,s.'.. F*s vy`:'r4�=,'1s::K'4•. ' ?' sFV�'•;r- i' }rt. : . �`� ' . a6°+.:• i�/: wiL' i�.:... i�. na.. .���'.1:r_.w....:A.v +'' -a_.. wx..'.'�Lw. G. d.: isF.1 L..'a•1na..+..k:i. :.vYSI'+a. .4:...�Y .Y.. �.. �. -.:'. .'- �,..__ ... ..._ -. ✓y' �,.. _. .r....w r �ii.'w:: f Operating Revenue Fiscal Year 2011 Enterprise Name Operating Transfers In (Out) Net Income (Loss) Depreciation that Reduces Contributed Capital Increase(Decrease)in Retained Earnings Retained Earnings, Beginning Adjustments Reason for Adjustments Residual Equity Transfers In (Out) Retained Earnings, Ending Equity Contributed Capital: (Current Year) State Federal County Contribution from Non - Government Sources Other Parking Facilities $474,715 $0 $0 '-- Total Current Year Contributions Residual Equity Transfers In (Out) Depreciation Applied to Contributed Capital Net Increase (Decrease) to Contributed Capital Contributed Capital, Beginning Adjustments Reason for Adjustments Contributed Capital, Ending Retained Earnings, Ending Total Equity, Ending Retained Earnings - Reserved Retained Earnings - Unreserved Operating Revenue Page 2 9/30/2011 -ty maokl, Operating Revenue Fiscal Year 2011 Enterprise Name IParking Facilities Revenue/Expenditure Schedule Adjustments Total Proceeds from Sale of Assets Principal Payments on Debt Service Capital Lease Payments Current Year Capital Outlay Other (Specify, maximum of 5 entries allowed) Specify: Amount: — ,MGLIVILyMIILVIJJJI,V IYPC* Cemeteries Golf Courses Hospitals and Sanitariums Housing Parking Facilities Ports and Harbors Solid Waste Sports Arena / Stadiums Other: (Specify) Operating Revenue Page 3 9/30/2011 .. .�. ✓:. 3•��:.f: :• " . ' e ". .`' : +: Yri' _•+c r.4is'?: x•: max.. Y' - ..i. _r. q - : ..._- : ..� . !° d�'_ �?'. �.. �...,:"; x.�'..� ?:,a_;,_'.:�._ «_._..._.. _.._<,:. a;Clt�/. "Ofu$ „ea��:_B.eacl -. _.... ,._. �..,_..__.... _ .._, %:1... �:�m �°: .:t�::•�'�..: ie.��. ..ti....R. �c�x"�YJ 1 .. .,.- .:L':'y �'u :'a "'YF'3 � "' y�_.vI y r- x -.. �'.�`. ^r?5��_`r.- r - -a•:. T'"':� .. �: 9' : Sv... - �T.1 " ?7u L st:l - . - 1 ���'��•`'_'��' -:�• : Cittes�;FinanciatpTransacti6ns_ Report ��Othe ``r�.Activity /Enterprise:aF }•!a F �•- , ••¢' f• -' .: _ � -w�� •'..�. e.. f, un��. r -- a: xe. �.... J� -� - -• sy...,s.•. .�. r __�1 R�•, • ' 1 � s _}:. ..'R# • _ t i' �f' - :V! •i' rtj,4 r5fr. :3` t.� "�" ' s `n ';+:a'sd�' : a i• �' } 4�:• iw i' yl:. .,f i :.,. • iA ii.ysia? + °'a. , !`:.max;__... s :�• " .4. '..r•�...y .:fi: ° /��;.A ,.r .. -.. ••S "'. ._..,. ?- r •. 'e "r a , ' • .,f Operating Revenue Fiscal Year ' 2011 Enterprise Name Is This Function Accounted for as an Enterprise Fund? Charges for Service Other Operating Revenue Total Operating Revenue Operating Expense Personal Services Contractual Services Supplies Materials Other Operating Expenses General and Administrative Expenses Depreciation Expense Total Operating Expense Operating Income (Loss) Non - Operating Revenue Interest State Federal County Gain on Sale of Assets Other Total Non - Operating Revenue Non - Operating Expense Interest Loss on Sale of Assets Other Total Non - Operating Expense Solid Waste No 1,109,529 $1,109,529 1,105,330 $1,105,330 $4 199 $0 $0 Operating Revenue Page 4 9/30/2011 °=ChofrSeal�Beach; , • ° � �csNilR.s3L; ws�t.:,.�,=x • .. • •.,::..�•� ,z.,. ,h, - 3ti. �� CNfies�F ••,inancialTransactions`Re OtFie� r.��_ Activity /Enterprise; _ "o;,r ^ `.��3' �:?+• . �d < K:'}' �. S'"•.•"•;:., •'x� -;� �`J�i..- Ne.l'... �'ra+L - ..a• .rr 1,- ;� �nS�r4.1+. .s_5 rf. - ►',S. a;•• ; •n:.•�•s- ^:t`,s.:`.,, a "'`i:•• - -•C•. o�;. •�. 'd` Y .r :Y � •�... ,r< - f"'• ,.;k:' Ri , s • - fit 'S. - r ��r: ; .1• + - ''J',.'._"�.`�•��: ws�s`,' �. i .• _�:�.....�...:,t ?:,...___. -, k�.m�i5 °�~� ..,. ... _ ,.. -._. _._ _. �� _- .. .. ' Operating Revenue Fiscal Year 2011 Enterprise Name Solid Waste Operating Transfers In (Out) Net Income (Loss) Depreciation that Reduces Contributed Capital Increase (Decrease) in Retained Earnings Retained Earnings, Beginning Adjustments Reason for Adjustments Residual Equity Transfers In (Out) Retained Earnings, Ending Equity Contributed Capital: (Current Year) State Federal County Contribution from Non - Government Sources Other Total Current Year Contributions Residual Equity Transfers In (Out) Depreciation Applied to Contributed Capital Net Increase (Decrease) to Contributed Capital Contributed Capital, Beginning Adjustments Reason for Adjustments Contributed Capital, Ending Retained Earnings, Ending Total Equity, Ending Retained Earnings - Reserved Retained Earnings - Unreserved $4,199 - - - -$0 - Operating Revenue Page 5 9/30/2011 � . _ •nY,.•'*•i'• 7s" "t';' `.'T `, " _ .;r't:. yr "gi c - : s•.e , ,'.F -- •: • F''' ;:; ": i -• -. { ( -.�F� �a.' r t • „'. :'�. ', �'i" f .R-,. fl of % a:. . �... ._ p5i_.• L. '..s.pk.,.:.... ~ c'. F ,�..:!a...' _......... .�;..:.. _.7. ' �, .r-gr �"' :Z " J. �' ^ , f " t. :'•Cs.��.,.1' -1'ir, ► i'; `,y�._t. ;.^••yx _� S _� � T .�- �;: -. �.�.... �.. -..1., - 2r: '-t }'!: -,:�; = �.�'�:��:� =: Cities; Financial;: T" ransactions�Report�K' OtFie .r „Activitji /Er%'t'e'Irprise' .� � '�� _ iif §r::..: a_ �.Sy. "-. Y• „.. _: 9,t✓l.rd �-” t:L.»cr �a�"J; w9v..: -T_: -: n ,. ,.. - . y, •tta s '' ''y .: r �-. :' y. '15.. i: ;f. ' ;..i': • ..yr •�. f .e•7: :y •M.'ti'.. - = �f �: •Yi 1.S i i 1. /6 t=Y YJ.: 6 �i:. _ : 0.�', .•! _ Fiscal Year 2011 Enterprise Name Revenue /Expenditure Schedule Adjustments Total Proceeds from Sale of Assets Principal Payments on Debt Service Capital Lease Payments Current Year Capital Outlay Other (Specify, maximum of 5 entries allowed) Specify: Operating Revenue Solid Waste Amount: types Cemeteries Golf Courses Hospitals and Sanitariums Housing Parking Facilities Ports and Harbors Solid Waste Sports Arena / Stadiums Other: (Specify) Operating Revenue Page 6 9/30/2011 City of Seal Beach Cities Financial Transactions Report Detailed Summary of Functional Revenues For Fiscal Year 2011 Functional,Revenue�7 "r, E"xpe'riditures�'� == }' :t:rwrr.4. .tl4tiM' .. tb fd. <.t�..�.a -+'a' _s. ..+Yiji.�;, Bicycle Licenses Police Sub Total: Community Development Block Grant Planning Sub Total Construction Permits Construction and Engineering Regulation Enforcement Sub Total: Engineering Fees Inspection and Other Construction and Engineering Regulation Enforcement Sub Total: Gasoline Tax Streets /Highways /Storm Drains Sub Total: Investment Earnings Streets /Highways /Storm Drains Parks and Recreation Planning Police Sub Total: Lighting Street Lighting Sub Total $6 $6 $206,092 $206,092 $242,411 $242,411 $80,046 $80,046 $614,413 $614,413 $5,452 $1,860 $363 $1,082 $8,757 $143,599 $143,599 Other County Grants City of Seal Beach Cities Financial Transactions Report Detailed Summary of Functional Revenues For Fiscal Year 2011 ,ftnal J •:i M.'�.`.M". Ezpenditu�es:; p , a' Ong Streets/Highways /Storm Drains $264,435 Sub Total: $264,435 Parks and Recreation Fees Parks and Recreation $820,297 Sub Total: $820,297 Parking Tax Other Expenditure 1 $51,800 Sub Total: $51,800 Peace Officers Standards and Training Police $36,987 Sub Total: $36,987 Plan Checking Fees Planning $143,907 Sub Total: $143,907 Prop. 172 - Public Safety Police $203,364 Sub Total: $203,364 Rents and Concessions Parks and Recreation $457,819 Sub Total: $457,819 Special Police Department Services Police $484,454 Sub Total: $484,454 Vehicle Code Fines Police $965,786 City of Seal Beach Cities Financial Transactions Report Detailed Summary of Functional Revenues For Fiscal Year 2011 Sub Total: $966,786 .. ... . _ - My-pt-SAalpBeacii } Cities +;FiiiancalrTaiisactions :Report" 'S_'cf%ediile:of'Gerieral i arid: Functional Revenues: �.3:• iZ�rk'sf', j3,• y^ . {+ t r , ?'.vyf. ;-s. � 4}.• "- :- •`•��•�r'.: 'F.` "� '(�` "• ~ ,�k�: �. .. ..,r { Taxes Fiscal Year 2011 Functional General Total Revenues Revenues Revenues A B C Taxes Secured and Unsecured Property Taxes Supplement Roll Secured and Unsecured Property Taxes Property Tax In -Lieu of Vehicle License Fees Voter Approved Indebtedness Property Taxes Supplemental Roll Voter Approved Indebtedness Property Taxes Property Taxes - Prior Supplemental Roll Property Taxes -Prior Other Property Taxes Interest, Penalties, and Delinquent Taxes Sale and Use Taxes In -Lieu Local Sales and Use Taxes Transportation Taxes - Transit Transportation Taxes - Non Transit Transient Lodging Taxes Franchises Business License Taxes Real Property Transfer Taxes Utility Users Taxes Construction Development Taxes Other Non-Property Taxes 5,703,710 �� �• 68,319 r `� 136,012 861,155 Admission Tax Parking Tax $51,800 '••' Other (Specify) - $ 228.449 --- - = —Y$0 ''r _ Z., ._.' Taxes Page 1 9/30/2011 1,221,491 ��`?'•'`•= .k.,A�.�; -.a ��- 929,926 = - -- 86,357 ;.: .:M1, �•r,•;t. "q` � �;.vHr ~�':•�. 76,187 _ Mr�� 5,310,666 Admission Tax Parking Tax $51,800 '••' Other (Specify) - $ 228.449 --- - = —Y$0 ''r _ Z., ._.' Taxes Page 1 9/30/2011 !A- CIMMIX.Ma 'biaII.,T; �4,Sc ffiquip),bf bnON15', fid',Mlffiq % Taxes Fiscal Year 2011 Specify Functional Revenues Select Expenditure Functional Function Revenue Barre - Tex Other Public Utilities 2 22 7,724 lExcise Tax 1Other Public Utilities 1 725] Total $226,449 Specify General Revenues General Revenues U _!!63?629 Total ...... ' !— '4 77�Pl $20, Taxes Page 2 9/30/2011 -fl- of "Seal, B..eapm _ �7l a'? -.• •- ^ s = y - rte_ ^ L _e= L 7 -s'- '% . -'. Cities.F T�an'sactions�tReportr;,, Schedule`. :G oVener al, andfFunctibr al:Rev eiiues i g„ �V '.« � c a l� k. 'y -k'k• j'' .a j :Ff, J ',., � ;�`. ,r•'�.. s.� :sq: .... ri :.���G'Y. -::'� Tr e" s- .'Y 'i+"'�,''�s • �.�+,�• iin: �''r,.�g r.. 'f 3.. :! p_t��' _ }•, �,�. i.'.': F; }�yq"p.. �c° ��+'. �........,. ••s S,:tiicr:t..';. .. ..:i. _.P.s. •', fi': a:.. i�....•w.:ae."e�_a::'9- n.�. -,.. ` °-- "3:s �_�_...........: :•:a. 2�e.n ,'.. .. ..... .... ... _ .... _ -. + Special Benefit Assessments for Operations Fiscal Year 2011 Special Benefit Assessments for Operations Fire Paramedics Police Lighting Other (Specify, maximum of 5 entries allowed) Specify Functional Revenues Select Expenditure Function Functional Revenues A $143,599 Functional Revenue Total $143,599 Special Benefit Assessments for Operations Page 1 9/30/2011 .��.. � :�"1 • �..- ••} �!'v. �'�-/S F '�� - a� f uW1 • 'S._ : •.�l�w' ,< ,,�,:: 'i � !. •. :•i•.- ;y"�r`• . d' .'i !.t .�:s�.= .:�:..::_ _r:. ::xal:..�:� ���_::.._�Cify�of Sea1� .Beach�:__�_.:L:�.,�:;�.��:�:_ .�.i___���:c:••�.�. �:� - •ar�:.�:.:,� ��:: ^t "'r.`. 'r r•.r' .>; rv•i .'. .� F':•yy.:.s:r - ° J:. °�nx - a,,: •,:cf.r r— .._G::_:" __ .. y .��. y ...:_. :.�. .Y� •• - 'Yx•;: w;. • ^•- i;'.1..✓�'A`�+tt`''�'.« y� ; Ct J i ssF''linancia(�T�ansact�_ons Reports S:cheduleSof�,General,antl °Functional: Revenue's:.•'. q� o , ?'rK 'f•;<'. ".�•�..'2; ''+-^ an "`� " k.' r. ..,,a ,�r:; ri .,? 7P ir: •F e ;a e`F,e{(a . �;�re.. , E r b • . Y• _ �tiE::'.•,...r "'• " p ++r °- r:'k :`, r )'•• .s .. : x • .rv, ..� R. :: yo: " Y• f• , x I : ;10 - .:^h - • 4 ~ - �� :._t:Si..a.... �... -�:'u� h:•_:Y -'. .. _ _ _.�:...x_'4.r .. r. ._ i "n.c _-. ..' � C.i:i:. `• . _ ,_ -..._ - Licenses and Permits Fiscal Year 2011 Functional Revenues A General Total Revenues Revenues B C Licenses and Permits Animal Licenses Bicycle Licenses Construction Permits Street and Curb Permits Other Licenses and Permits (Specify) Specify Functional Revenues - -- $ 284 , 030 ,5 {� Select Expenditure Functional Function Revenue Electrical permits Construction and Engineering Regulat 37,947 I Plumbing permits lConstruction and Engineering Regulat r 29,008 Total $66,955 Specify General Revenues General Revenues Contractor licenses Miscellaneous permits Oil production licenses Parking permits Total: 116.956 26,747 15,120 125,207 $284,030 Total $309,372 $284,030 $593,402 Licenses and Permits . Page 1 9130/2011 ity -45-6016- . ..... - �W 2- Fines and Forfeitures and Revenue from Use of Money and Property Fiscal Year Fines and Forfeitures Vehicle Code Fines Other Fines Forfeitures and Penalties 2011 Functional General Total Revenues Revenues Revenues A B C Total Revenue from Use of Money and Property 1; $965,786 bb,f6b Z - -- - .. $965,786 14,807 hY $17,916 $983,702 Investment Earnings $117,917 274.681 Rents and Concessions 17 - ----- $457,819 7 7 7 262,360 ] Royalties 118, 33 77V Other 1 T-7- Other 2 I -D Total 1655,444--f— $ 1,231,180 - 17 - T5,7i -- fl17' -7--- 7 Fines and Forfeitures and Revenue from Use of Money Page 1 9/30/2011 and Property i ` ,ofd Seal;.Beacli• °' � `' �''� _� ;< ; -• . ..;• '.;. , . -� ;�' �. y,•1 .'I '•�- :Fn ' f•• `1 s F. _' f 1 j t �Y 'l �Y • , .F.. es;�Fi'nancial - Transact ons:ke dit-.= Schedul`e;bf Generalhak Fuiict_ional Revenues-, ' � .x.' t! : r ~ s,'d,'" '� - : �l•-r ���. , � t.' ":� : ' %F �";.'` •.� -: : .kJ* d.:' <•,- •- ma - hlI ��•, +,µ: J 'f,�r��• .17i .i.: l;._ • , S _ ' crc e..._9. ___- r- .r_...a,.....w.•..w .:�. i`._. �� •..=+. a�. sf.,.:...;, ....ui,::l:_ ° .._.::___: ":....i. ,. �. _1.:_r�.�: .L.• ..-. -_ •�) a1.. _. _: t ! ... ._...._ : _ -.., ''.t 5.� ".._. -. .....: Intergovernmental - State Fiscal Year 2011 Functional General Total Revenues Revenues Revenues A B C Intergovernmental - State Motor Vehicle In -Lieu Tax Homeowners Property Tax Relief Gasoline Tax Peace Officers Standards and Training Off Highway Motor Vehicle In -Lieu Fee Other State Grants Mandated Cost Other 1 Other 2 Prop. 172 - Public Safety Other State Grants from Enterprise Activities Other State Grants (Specify) Specify Functional Revenues �•_.._ �:�'�:...1:az•`:�: �. 119,022 ....:���c._ ...,, >x r - - - - -- - 50,866 $614,413 $36,987 r: •._� {: - - ..� � - Y! - - $203,364 r; - ' "',,�_ -;,� _• 7. MIL ^...a'3sie.ea� w]'i f:�....`•'i',...S.x ° : `•.1+d% ';': i••, $414,885 Select Expenditure Functional Function Revenue AB 2766 AQMD I IPlanning 30,198 ABC Grant jPolice �— 1,339 Bulletproof Vest Protection Grant Police 489 Commission jPolice I — . 13,126 Community Service Officer Training Police 1,978 DUI Grant- OTS jPolice 1 30,235 Emergency Management Agency= IStreets/Highways/Storm Drains I 2,763 Emergency Operations Center Activation Police 5,606 GMAGrant Streets /Highways /Storm Drains 33,500 GMA Grant-Traffic Signal Synchronization Streets /Highways /Storm Drains 40,347 OTS Grant jPolice 18,654 Per Capita Grant Management and Support 16,324 Quimby Fees Parks and Recreation 5,000 Rivers Mtn Conservancy Grant jParks and Recreation 53,933 Roberti Z'Berg Grant jParks and Recreation 50,588 SB 90 Mandates Reimbursement Management and Support �— 2,237 SLESF Police 100,016 Used Oil Block Grant Management and Support 8,552 Total: $414,885 Total $1,2697649 : $169,888 $1,439,537 Intergovernmental - State Page 1 9/30/2011 A t y— I & I - 7 ! I R' evehub!§', .. LZ;%L'Le Intergovernmental - Federal, County, and Other Taxes In-Lieu Fiscal Year 2011 Functional General Total Revenues Revenues Revenues A B C Intergovernmental - Federal Community Development Block Grant Workforce Investment Act (WIA) Other Federal Grants from Enterprise Activities Other Federal Grants (Specify) Specify Functional Revenues — $206.09,: A. Select Expenditure Function Functional Revenue 1APPA Grant I IStreets /Highways /Storm Drains I I 1,265J jJustice Assistance Grant jPolice I 1,083 ] JUASI Management and support 2,9791 JUASI 1Police 44:3:94 Total: $4 9,721 5. 1 $255,813 - Total Intergovernmental - County County Grants of State Gasoline Tax V Other County Grants from Enterprise Activities Other County Grants $2.64,435 �e Total $264,435 $264,435 Other Taxes In-Lieu $o Intergovernmental - Federal, County, and Page 1 9/30/2011 Other Taxes In-Lieu .� Ij pf 0 Current Service Charges Fiscal Year 2011 Functional Revenues Current Servic Charges Zoning Fees and Subdivision Fees Special Police Department Services Special Fire Department Sorv|uao Plan Checking Fees Animal Shelter Fee and Charges 1__ _ Engineering Fees Inspection and Other Stree Sidewalk, and Curb Repairs Weed and Lot Cleaning � Sewer Service Charges ;_ uo.ono.000 Sewer Connection Fees r7 . $7.511 Solid Waste Revenues 09,529 Sales cfRefuse 1_ First Aid and Ambulance Charges Library Fines and Fees V 7 Parking Fac K$r74,715_ Par and Recreation Fees 77820.297 Golf Courses Fees J Jo Water Service Charges ; $4.182e87 Water Connection Foou 1 910 Electric Revenues r777- so Gas Revenues � - 9 Airport Revenues Cemetery Revenues N *V Housing Revenues $�_ Por and Harbor Revenues U_---____-$V_ Hospital oupuo mmnuoo � _ $o Transit Revenues r �� Stadium Revenues 2 Current Service Charges Page 1 9/30/2011 n 1C' _.Re -ns "i" Current Service Charges Fiscal Year 2011 Quasi-External Transactions Other Current Service Charges (Specify) Specify Functional Revenues Functional Revenues r $79,967 Select Expenditure Function Functional Revenue IStreet sweeping I iStreets /Highways/Storm Drains 41,9191 Streets/Highways/Stor Drains Tree trimming 38,0 Total: Total r7 $9,708,373 Current Service Charges Page 2 9130/2011 Other Revenues Functional General Total Revenues Revenues Revenues A B C Fiscal Year 2011 Other Revenues Sale of Real and Personal Property Ir 7 0 Contributions from Non-Govt. Sources for Enterprise $0 Activities F7777' Contributions from Non Sources Other Revenues from Enterprise Activities Other Sources of Revenues (Specify) Specify Functional Revenues 77 21,770 r. f 7� . 1 - 0 - 17 Select Expenditure Functional Function Revenue Specify General Revenues General Revenues ISale of printed material Total: 38,72679] 21,771 $60,040 Total $100,424 Other Revenues Page 1 9/30/2011 Cities -7 n," 69, Other Financing Sources and Grand Total Revenues Fiscal Year 2011 Other Financing Sources General Obligation Bond Proceeds Revenue Bond Proceeds Improvement District Bond Proceeds Limited Obligation Bond Proceeds Note Proceeds Other Debt Proceeds Total Grand Total Functional and General Revenue Functional General Total Revenues Revenues Revenues A B C 177 -- so- $0 $0 7 7 10 . y $3,310,000 $ 3,310 , 000 1 =47 rE�2 $38,494,094 Other Financing Sources and Grand Total Rev Page 1 9/30/2011 t 7 °of�S'eal�BeacFi��• > •�•- �; �:�..�? :r - «; =' F.I V ?• r= �-:-_`: ••:� "h` �•a�.��' •' l._v...._._sa_...a _ .,. _. - .•n,.- ...n 7777 -.._. a- ^7777_._.•_ .- 7777.. _ _ dr._ _ _ - -.. _ l`S.. _ _ .:A''= _ _ __ - __ - ::.. :•r? -ter. •.a.... _.Cit .t.- '.Y:. ?{. .4i-�t w]N �:�':ti • .d:_ : :F'.:a' ►. ��•S V?Y + ; ,+ •'c'_'f`'� T �w.°S�' • '�, ..:� •- 's - r '-:Sa ' ....5 � d; Cittes, -Fi, di fwvT i sactioris;, Report A- ySchedule= of F .1 -` ' -:'•' • • � i �_� • .t: .. • -. t a+ '4 .• Rp+ .O Y!• u ,! _ > Zti Y- ,`�i',L d'� ■: �;- { - ti .L 3 �'i�; 54� :'4, ..Y M1 . ��r ,.1.1 _ :;T dSiThh { , .v „y- i�.l'• -•`:h •'.'- Tom.' � ` _�::' 'r •y � ,�- Sy .:y ; �aa!•�'•!'+ a �y .. . Sr {•irv..l, �., .,: h'.'�T�ll .r:l.t( .� .R•�i♦ .t• f -r ;i - iT. s ,'j' :� Y.,•�•t . 4_� -`1.,: "`• 777 .: ', � +•�,x ,• a:r: K 'i t `: q -'• ri,l� .,wrr.....+�.w:+....._ . :J.sS:�... :y- ....w.« �:. �:_... �La•. -.:- . A�y w......, 45, �...: �., r... ��s� .y'wte..��f311.�- 1•... -. .]�r..-- �.n -c.. __:st'W .,...x "..,L.r. ".??..� -.. ...._.s......_ • .,A.�.i." :.'i:..:';.. ...:i:., General Government and Public Safety Fiscal Year 2011 Operating Capital Outlay Debt Service Total Functional Net Expenditures/ Expenditures Expenditures Revenues (Excess)Revenues A B C D E F General Government Legislative 855,942 _ $855,942 $0 $855,942 Management and 1 6,041,5751 84,0321 108,92 J 4 7 '..' : $ 6 , 234 , 531 $30,092 ' $6,204,439 Support _. _.. -. Total 1777 $84,03 $108,924 $7,090,473 $30,092 $7,060,381 Public Safety Police 8,379,975 _ 5,901 1,109,006 $9,494,882 _ $1,908,599 $7,586,283 Fire 3,912,033 1,127,695 $5,039,728 F7 $5,039,728 Emergency Medical Service Animal Regulation $0 $0 $0 _. - -- - 7.777- -� - - -- -- �- -- � - -� - --- Weed Abatement .,_,....._.. -_$ _�$ '_ 77 _._._. - .•$ Street Lighting 198,442 $198,442 $143,599 $54,843 Disaster $0 $0 $0 Preparedness Other Public $0 $0 $0 Safety 1 Other Public $0 $0 $0 Safety 2"�" - "�` Total $12,490,450 $5,901 $2,236,701 _ $14,733,052 y $2,052,198 L $12,680,854 General Government and Public Safety Page 1 9/30/2011 .... ................ . -J O 7v- -Itidgiffth'afin WUP PP e ,bf Transportation and Community Development Fiscal Year 2011 Operating Capital Outlay Debt Service Total Functional Net Expenditures Expenditures Revenues Expenditures/ (Excess) Revenues Transportation Streets / Highway / Storm Drains 1,255,2581 5,223,3261 r — $ 6,47 5_8TT $1,042,142 P,478,584 _15,436,442 Streets Trees / Landscaping 180,9471 1 -71976-9-47 $180,947 - F - 17 "'sT T 71 $ 174,715) Parking Facility r7 $0 j 474 7 Public Transit 7 7- $o I $106,610 (j106,610) Airports $0 Ports and Harbor $0 ---- -- :77' $o Other Transportation 1 .. ..... .. . $ 17 Other Transportation 2 o $0 Total $1.436, -IF-77 $572237326 0 $1,623,467 $5,036,064 $5,036,064 Community Development - Planning 430,9371 436.5- 6 —'$50,377 56 , $380 37 777 ... 17.7 Construction and 685,2961 --1 6 - 85 . 296 1 - 71T8 in 795,884 Engineering Regulation Redevelopment 204,5401 1 .7 - ! 204:540 F s 7 7 $204,540 Housing r7 777 7571 7— $o irl -- ... 15 Employment 'so. Community Promotion $0 $0 $0 .... ... . 7 0 Other Community Development 1 7 $0 $0 '77 Other Community Development 21 1 $q 15 $o - T -' -- 7r — $ o $769,972 50,801 Total r 1 Transportation and Community Development Page 1 9/30/2011 V7 4 4 %� Q it & it ft ft, �ak. MAU 7� rt rd P, i A i - I I rm' n' S96 i i.6 n Health and Culture and Leisure Fiscal Year 2011 Operating Capital Outlay Debt Service Total Functional Net Expenditures Expenditures Revenues Expenditures/ (Excess) Revenues Health Physical and ' — r7 --- s0 7L-- $0 Mental Health Hospitals and $0 'r -- – -- ---- 70 $0 Sanitariums Solid Waste $MnNo - 7177 $1 ,109,529 7r" Sewers --i r -------, � 7 � i T — - $53,s $4,501,079 r. r7 4 2,74 8 r-7-77o5,IT4 . $5,558,800 f ($1,057,721) Cemeteries $0 $0 1 Other Health 1 $0 Other Health 2 $0 $o Total 705,104 §j5,69,6,109 $6 $1,061,9 Culture and Leisure Parks and 1 1,964,3671 1 7— —T, 497 �574,870 $1,389� Recreation Marine and 310,617 1 $310,617j $0 $310,617 Wharfs Libraries $o $o Museums $o $o Golf Courses U 7 --- TT-777 .7" - 7i7oT --- ', 715 77 7 $ $0 Sports Arenas and - 77777 r 7s '---- — — 7 — =Eo T - ---- $0 Stadiums Community Centers $o $0 and Auditoriums Other Culture and 1 $0 $0 Leisure I Other Culture and $o $0 Leisure 2 Total 4j_ 777-77=- __..$2,274,984 �1,389,19� $885 Health and Culture and Leisure Page 1 9/30/2011 µM- -j 6 Ae' po -i iesminandigr k Fiscal Year Public Utilities, Other, and Grand Total 2011 Operating Capital Outlay Debt Service Total Expenditures Expenditures Functional Net Revenues Expenditures/ Public Utilities Water Gas Electric Other Public Utilities I Other Public Utilities 2 Total $3,477,471 $2,846,919 T 7 17 ". 7 $ — — - 1 -- 7 $4,269,208 _rF T - ------ 7. $0 '1 $o $0 1. - 227,72�L $227,724 7, $ 1.7. N.— $2,846,91 r $17,075 _7 7,657 $1,843,808 Other Expenditure 1 -- To' -1777111791�71 ($51,800) Other Expenditure 2 7: r T7. 7 7 7 $0 - " L - $0 Total 7 $0 7 7 — F - 7 - 7" T 5-"'— r7 -- s 51 , 80=0 = j 7 7 - 7 - ($91, Grand Total $29,7 $6,067,804 $26,943,675 Public Utilities, Other, and Grand Total Page 1 9/30/2011 ._.. -., _ _....r— .- _'y- ..ti.:r..�. 'µ;:'"'•c'ri�'•�t. .. { : ^v"�, T,:-. ^^ {••__. . fir _..,,,..� .�. ��.�.::�..: �:^ w_k:i -�:�;� • Cit 7l3: of` ;Seal;�Beach.�a�:a�::'�:._..::� a'�.��...._: :,, L �''4 :Yy;, t n ��' • :. r •�f°• :f .: s F i i` ? Ylu ^° r•.�_ + � w.. .';.' �- Cla Si.:f.:. fs....yy nw:;^..� '`.i . ::. - • T_ Otiject.ssification . �.� . _,._. - ::�..... M ...w ,....,:,.`:}�:s'.'ta �: � .... ui. ercc.:... a. �..... _..:....�.s.rtxxsrzk:.......x_. _r.�i. -2' .:.._.. _ ..... ... .... ... ..: �."s`..._` -._ . Object Class Fiscal Year 2011 Operating Capital Outlay Debt Service Total Expenditures Expenditures A B C D Operating Expenditures $868,700 Salaries and Wages 9,460,747 ?;,; ;::: $9,460,747 _,.;;� Retirement 1,865,888 , , ^, :`• r;'a`� °�;�$1,865,888 :.s _u s6i ?k J. ,mot .•... ..:1 ±.::;:i._� . Other Employee Benefits - . 1,872,232 $1,872,232 Contract Services $621,609 Private 8,526,980 $8,526,980 Other Governmental Agencies 6,636,542 $6,636,542 Material, Supplies, and Other 1,382,989 ''� ,; "' �� s" •; ' `....� �:. >•. $1,382,989 Capital Outlay Equipment 89,933 *Fill; ` i� ' $89,933 Land �+o•�W1 '.� �,'= lSt.• i,f :F l ' S•[fw�,..►i:n krn'9:4�i °. Building and Improvement , u"�~ °'' Fr` 8,123,572 ' f u $8,123,572 . �l l�F; :4vt -• - . 6s `'a"G .`!E.I F''� s:a t- .j. �:,u,�;�� ��.�. it�� ,�.�•��3�i�� - �_i:��;°'�r.�. may , 1_ , VIE Debt Service =��.- cR�.�srYc� ,:ei.sx" Interest 'si,� ;s' ;tea u�'J f•Z�P�h.'a4Y 868,700 $868,700 Principal P 4,577,495 $4,577,495 :.s _u s6i ?k J. ,mot .•... ..:1 ±.::;:i._� . Lease Payments 621,609' $621,609 Total 1 29,745,378 $8,213,505 $6,067,804 $44,026,687 Supplemental Data Expenditures Pursuant to Competitive Bidding Other Than Competitive Bidding �l l�F; :4vt -• - . 6s `'a"G .`!E.I F''� s:a t- .j. �:,u,�;�� ��.�. it�� ,�.�•��3�i�� - �_i:��;°'�r.�. =��.- cR�.�srYc� ,:ei.sx" Total .y„ QyF,7 �M� i�+}yCRrSt� 0 !u 7 ,.;k ;v..OT•.i :ti.;s 7 ..'Y...•'dd'u @F;`V....: uy-�'r � n s Object Class Page 1 9/30/2011 C.ity of Seal "Bea'cfi; - :, r . Cit es'Firi - _ .ri, actions Re 6rt p m t:of Borided�:lridebtedne ;i �': _ . � ' i - i,• - - -.. •�i •`lM�.n...���..,. _fr;i ;Y +.s• i' ` Bond Types Fiscal Year 2011 Purpose of Debt Bond Type Year of Issue Year Begin Year End Principal Authorized Principal Issued Principal Outstanding Beginning of Fiscal Year Principal Payment Made in Current Year Principal Issued in Current Year Principal Defeased in Current Year Adjustments to Principal in Current Year Reason for Adjustments to Principal in Current Year Principal Payments Made to Date Principal Outstanding End of Fiscal Year Current Year Interest Payment Principal Amount Delinquent Interest Amount Delinquent Unpaid Due to Lack of Funds, Describe the Nature and Extent of Revenue that is Pledged in the Debt Covenant as Additional Security for the Debt To Fund the Citys Unfunded Liability Pension Obligation 2008 2008 2019 10,945,000 10,945,000 $9,307,000 996,000 I $2,634,000 $8,31 492,257 sons Types General Obligation Other Non - Municipal Debt not Going to the Balance Sheet Revenue Other Debt Going to the Balance Sheet Improvement District Certificates of Participation 1911 Act Bonds Mello - Roos 1915 Act Bonds Mark - Roos Other Special Assessments Pension Obligation Community Facility District Bond Types Page 1 9/30/2011 r --c�;� ir s"' r4C••-- •'q —..T {'�y'S•° ' -^ �Y • .'i!'.:' r• er .. r ... r. 'b '� ,NHS.` t• • 4 �. !. : .'t ,. r" �;'�`- r�:is� ' :f:' + "': [. ,< f � .•.: � •p. s '• .:»::��::�..�.�:�_�r =� • . City.?of� +Seal�Beac-_h , � � ..'��: ��:� >.�:: �• _,�_� .�.r....- ...,.r._r..- :•max: ��_ :.:,:....._.� �•_.,._�.. ._ TZ �,Y, '}a't;T� .{u�� � �. �•r'S�� .. i -e7. i t �. t:.y Sr.F :'" .. •'. M' P a�• _ �'° ?' :f. r rc�i • .^ r', r i.. ,:R_ °'t`' ;.a•' ? -.` .h., _r.... _ j` S..' f.:..'. L iP. n:..- _...'•..�'.�.5.•�,.•.:i._.yet; '_{;.`` �:.:x� .'rF' i�n'.a -4'!: •. Loan Types Fiscal Year 2011 Purpose of Loan Loan Type Year of Loan Year Final Payment Due Authorized Amount of Loan Received To Date Amount Outstanding, Beginning of Fiscal Year Amount of Principal Repaid in Current Year Adjustments in Current Year Reason for Adjustments in Current Year Amount of Principal Repaid to Date Amount Outstanding at End of Fiscal Year Current Year Interest Payment Principal Amount Delinquent Interest Amount Delinquent Unpaid Due to Lack of Funds, Describe the Nature and Extent of Revenue that is Pledged in the Debt Covenant as Additional Security for the Debt Loan Types Notes Loans Other Drought Relief Loans —� 1977 2018 288,000 288,000 11 1 11,495 $125,024 - $99,521 5,580 Loan Types Page 1 9/30/2011 �,��..K.c: "^- .y- r;,..., .. ; - r — .. .� _�. -- •-_:.. 'c':.. ''x ty�' �'ks�•v -_—:p, .� .,...; .� -: . -:` - y� e c h,ua� :t .etc_- "`r.��'.'a . T ' y �..:,.., .. .r-.m ...,.;f- .YM.._, r�r-.• ry ..m...�+•�'�"x';..i�"r^'e..'•' :fi; �'. - �i;•j;,ry,.,= �� ` Citles - Repoi�t�;Statement;of, Long- Term::lndebtedness �'� .�.!`. ,�.�r� .�•• ? , x5 ;. . <. r: •, ... _ :;tF�",.•y =1i "` �'*iF; . � �a�=a<+,• •.;: fit - ^; � "crR:r.. ?«. � y s _ . «.. o ..* :�.. � y . , , . y am, .�a.• *' �'•v r yt ;�°• •i-r •'• f � �.• .�• t' rte: y'j:d f'! - ��.rp a iJ•- .i:..'�: 'T .s "L 'v 4Jx�c•: > • �,.•u • r •. ' " l . .. .-�.•. f ; ..•. ls .�.�� r : fl's. ��•�. -��..� �. ;R s- .. -1.. .... ..-' 3 S1�e. 1wS: �: �_.L:. . fie..: ..aw.w�.: M1 ....- ��...:.� w.�A.illr�•ln's..�.. -. vX.Tlta •. ._ a_ _. - . -. L�'. ia ..E. Y.= � �.... ..._ Loan Types Fiscal Year 2011 Purpose of Loan Refunding Sewer Capital Improvement Debt Loan Type 10ther Year of Loan 2011 Year Final Payment Due 2029 Authorized Amount of Loan 3,310,000 Received To Date 3,310,000 Amount Outstanding, Beginning of Fiscal Year Amount of Principal Repaid in Current Year 110,000 Adjustments in Current Year 3,310,000 Reason for Adjustments in Current Year Installment Lease Agreement (PFA is Lessor) Amount of Principal Repaid to Date $110,000 Amount Outstanding at End of Fiscal Year 1�,200,000 Current Year Interest Payment 39,279 Principal Amount Delinquent Interest Amount Delinquent — � Unpaid Due to Lack of Funds, Describe the Nature and Extent of Revenue that is Pledged in the Debt Covenant as Additional Security for the Debt i i ypes Notes Loans Other Loan Types Page 2 9/30/2011 y,• M al�BeacFi:�.��:.� �:_:.�� �:...a =• .. .. �`..::�:�•�- °.�..:.. ------ ..- .__.._._..,.r...�.�.....,.- ....,,..war,- ....;....:. are: 7 sTat^2.:_'.- F Y:" . T'A- Zr M z :7; 1..?_`S:- r.s�`� -':°4y Loan Types Fiscal Year 2011 Purpose of Loan Loan Type Year of Loan Year Final Payment Due Authorized Amount of Loan Received To Date Amount Outstanding, Beginning of Fiscal Year Amount of Principal Repaid in Current Year Adjustments in Current Year Reason for Adjustments in Current Year Amount of Principal Repaid to Date Amount Outstanding at End of Fiscal Year Current Year Interest Payment Principal Amount Delinquent Interest Amount Delinquent Unpaid Due to Lack of Funds, Describe the Nature and Extent of Revenue that is Pledged in the Debt Covenant as Additional Security for the Debt Loan iypes Notes Loans Other Sewer Capital Improvement Other $4,175,000 95,825 Loan Types Page 3 9/30/2011 MAO Description of Leased Property Fiscal Year 2011 Description of Leased Property Description of Leased Property Nature of Lease Can Local Agency Cancel Agreement? Name of Lessor Name Person or Organization Air Conditioning and Lighting in all City building ILease No Cal -Air, ir�lnc JCal -Air, Inc Interest Principal Total Future Payments A B C Beginning Balance (PY Ending) Prior Year Adjustments Current Year Principal Payment Current Year Interest Payment Adjustments to Current Year Balance End Of Year Enterprise or Governmental Fund Makes Payment? T40 $360,193 $400,821 91,609 - _P1,609 $1 7,315 U IL, 315 5- $291,897 JGovernmen wmn gn Description of Leased Property Page 1 9/30/2011. • ,rr•?xw„ur t: •;.e •;•�� ;:; �. -;�q. ...t �i.':•.��:e�:f' �t �'. �y�� ?i ': �w;A'�.r'Y : ��.lee�.p .z ^.v. - '- �_ASff �k -_.. -�: tT. r_^...`.•.•y•�•1 �z; {,9�, �„_,� .�•�L� j�r� � , ,���� . °.,:ie:�•�,.� >-�, ��Cit ofrrSeal�Beach;,�.d •° .,..:��:. �..... /;r. - ' .�7,:s:2;.�.. acs:,. �-: e• n:' �:_. �.,. i _xLS.•.-7m:�:..":.:s,d..C...a.. 'si.�..^.u. lie __ .3�.._ -swvi L..........n..•t�,st- w:._�..fi asa�...1Ye:s:N:.:::LtiS•c_' _-: .:c:d.�^': 4c^.•yv ":r• �a:t •• :4Sis'. ,."'� • � Y,.u • �'._� ...�;,.,; .c• -. :__ �1 d a]LYl_.tit 4 , — .: •' - l•d- "'�TT'r\ 3� ."_ � Jrd!' +6Ta rY.A' 1 y 1f4 �F. ina�nciai�T ; 'fansactionscReporf,r- ItA1, Lease �lil gation °:WoFksheet :�'•:r���;_'a..K'; '". "d�.n: ;"`7 .: :�i�tti?."• g- _�Y;;. - r r ...F -- .. •;y'•'�. #• ` e S•. s? 'Seoa.is:.:...�Sss.._C:�YS�:•. . ,.� . _ ....._., _ -_ .,e..._ -.., ..- a.::_.••.:._ .... _ - rrt,.. � .a• - _. ......._ _� ..._.- .�...d...,...�.._...... �.v..:t�,_ Description of Leased Property Fiscal Year 2011 Description of Leased Property Description of Leased Property Nature of Lease Can Local Agency Cancel Agreement? Name of Lessor Name Person or Organization Communication System Lease No Countywide Public Financing Authority Countywide Public Financing Authority Interest Principal Total Future Payments A B C Beginning Balance (PY Ending) Prior Year Adjustments Current Year Principal Payment Current Year Interest Payment Adjustments to Current Year Balance End Of Year Enterprise or Governmental Fund Makes Payment? $22,335 $230,000 $252,335 $0 110,000 $110,000 10,035 $10,035 $120,000 $132,300 _ M $12, 300 _ _ Governmental y �+ 7 �r�'_:...: �'•:: �.' �E�; r.. y: cf �z.: n .+`�'.: x�a:;.:�..�.•�..�,d„�.t: and Description of Leased Property Page 2 9/30/2011 ..w.� ..� i ' ~: � S.• ���. .�z - - _ ;r ,- � -. ...�r� i>�+.• �✓!.` . G . a .�n .t • ':' f '. is ..i :R.: j `• #:r i. n _i i n '^ y t,. 5.7'• tine iY •: . *,; r.. X�.?� itzbf -Seal Description of Leased Property Fiscal Year 2011 Description of Leased Property Description of Leased Property Fire Station Lease Revenue Bond Nature of Lease Lease —� Can Local Agency Cancel Agreement? INo Name of Lessor Seal Beach Public Financing Authority Name Person or Organization Makes Payment? Description of Leased Property Page 3 00/2011 Interest Principal Total Future Payments A B C Beginning Balance (PY Ending) $1,499,768 $5,775,000 $7,274.768 Prior Year Adjustments $ Current Year Principal Payment if 's�, -', v�'t�..�: 420,000 $ 420,000 Current Year Interest Payment 208,409 d r y ; ;_1 ' 77 - .409 Adjustments to Current Year $0 Balance End Of Year $1,291,359 $5,355,000 $6,646,359 Enterprise or Governmental Fund lGovemmental Makes Payment? Description of Leased Property Page 3 00/2011 ,fir � y ...,-, ; . ._ -.i. ._r .— <.. _,. ,.•�.�.•. r::.. "'!-':a'F'::: - _.. - .��.•• - -.. ...._' . �ci3. 1r -':.:, .."9 »..: vA'• • a r' � �'t:• ...: . •r �;` '��. i.... -? - :Yti "w� ., .� %.: � }! .. .,-.. -... , .. . E • yam.:: r.��::�:.:�::.�_.,�City�. ofd .Sea�B_each�::::�:�:��:�;.� °:. _' -� 5��. �._.�- �:.:-- _�.:::� I•�t...7a.a. 'kC... �nTi�:. �. �. �4. nnc_. Rnnn�t �_; f:= l�tor4Zl: �ict�nf� 'P�`VI`f`pCtP1'AVI(�P_('�: == Fiscal Year 2011 Service Service 471 41 88 (Please see ' below for codes to enter ) 31 31 Police JAB Fire ID Emergency Medical ID Street Lighting I^ Public Transit ID Community Development - Planning JA Solid Waste JE Sewers JA Parks and Recreation JA Libraries ID Water I^ A = Provided By Paid City Employees Provided Wholly, or in Part, Through Contract With: C = Another City D = County E = Private Sector F = Special District or Other Public Agency B = Provided By City Volunteers Provided Wholly, or in Part, Without Contract By Other Local Agency: G = Another City H = Special District or Other Public Agency I = County J = Private Sector K = Service Not Provided Within City Number of Paid Number of Total Number of City Employees Volunteers Employees A B C Police Protection 471 41 88 Police Officers 31 31 Fire Protection 0 Fire Fighters r• � Emergency Medical 0 If Your City Reports Transient Lodging Tax; What Is the Tax Rate? What Is the Effective Date of the Current Tax Rate? (00 /00 /0000) If Your City Reports Utility User Tax; What Is the Tax Rate? 1 12.00 1 7/11/1989 11.00 Service Page 1 9/30/2011 ism.. ���:. ��::: � _�.:x._�'_��y��:�y���.._��__... _.. �CtY� .of�Seal�Beacfi'���r -.��� � ;'.�;._.. • _��v, _... ......_- .,._ . - -�.� -. Wi n:- ;;Cities FVdfi-'c al`Transact ohs Report=- Workslieet;fgr;Complet rig Balance Sfieet 3.1� :v.I :� a �f �.. _ 'h,. _'�. ^.: ti - � � .r. •. `,.� . s . . t rw' . �';�` �{'� r fix•. e_',;r. _ _a y� .w, Governmental Funds Fiscal Year 2011 869,0891 34,8111 109,231 Compensated Absences General Special Debt Capital Other Liabilities 1 r 1,318,1381 Revenue Service Projects Assets 102,5001 146,445 43,100 Cash and Investments 1 25,875,332 1 1,397,9551 1 50,974 Fixed Assets $2,187,227 $1,580,287 $0 $4 Other Assets 1 3,275,073 1,678,5401 1 519,872 Total Assets $29,150,405 $3,076,495 $0 $570,846 Net Current Assets $29,150,405 $3,076,495 $0 $570,846 Liabilities Accounts Payable 869,0891 34,8111 109,231 Compensated Absences $26,963,178 $1,496,208 $0 $87,374 Other Liabilities 1 r 1,318,1381 1,545,4761 1 374,241 Other Liabilities 2 102,5001 146,445 43,100 Other Liabilities 3 18,770,978 Total Liabilities $2,187,227 $1,580,287 $0 $4 Net Current Liabilities 3 $2,187,227 $1,580,287 $0 $483,4 Working Capital $26,963,178 $1 ^ 496208 -- - $0 T $87,374 Fund Equity $26,963,178 $1,496,208 $0 $87,374 .Fund Balance Reserved 102,5001 146,445 43,100 Unreserved Designated 18,770,978 Unreserved Undesignated 8,089,7001 1,349,763 44,274 Total Fund Equity $26,963,178 $1,496,208 $0 $87,374 Governmental Funds Page 1 9/30/2011 .: l•- .".rfwr;±..�--T,- -�.. -� ^ - .- r r . F 'rj7''�"�'{�aN;7; 4- a, r s:• r�.•+*•.. �y. r.,- a,] T- � +- r.�- .- o• :Yr�- •_. - .�.�i�r _:...,`: xT..:.: � ;..����. `��;:_�� a�ofs. Sealt�B_ each�� .;���_x�:5.,�.._.��:.r:x�.�•�. .::� -a< Fiscal Year 2011 Proprietary Funds Types Assets Enterprise Internal Service Cash and Investments 12,599,027 1,993,481 Fixed Assets 32,535,669 236,283 Other Assets 2 Total Assets ,•_ $47,350311 $2,229,764 - Less: Non - Current Assets 32,535,669 236,283 Net Current Assets $14,814 $1,993,481 Liabilities Accounts Payable 653,351 Compensated Absences General Obligation (Bonded Debt) Revenue (Bonded Debt) Other Debt (Bonded Debt) Notes (Other Long -Term Debt) Loans (Other Long-Term Debt) 99,521 Other (Other Long -Term Debt) 3,200,000 Notes (State or Federal Financing) Loans (State or Federal Financing) Other (State or Federal Financing) Lease Principal Other Liabilities 1 210,740 Other Liabilities 2 Other Liabilities 3 Total Liabilities $ 4 , 163 ,6 12 $0 Less: Non - Current Liability 3,299,521 Net Current Liabilities $864,091 $0 Working Capital $13,950,551 $1,993,481 Fund Equity $43,186,699 $2,229,764 Contributed Capital , $196,166 7 . Retained Earnings Reserved $0 $0 Unreserved $42,990,533 $2,229,764 Total Fund Equity $43,186,699 $2,229, Proprietary Funds Types Page 1 9/30/2011 ;City` "of'Seal:'Bea_ch� :,y ....f.,' - r.. •?: -_, -'�s;y.,zr�.`-- ^•rv..; :.- ...-r. , :-.. .- „.._... .:�."..:r:;.= ,��',•%L•:. `�'•ti. •�-;, _ ^ .. • : - � r � - '�"'•Fn ^'�.: .. • - _'r^: •• ^; ical >Transactons:Repo�t. :for = Completing Balance def ..�' - p: �•;r: i `fin,.::'.. ;, �;� .'...,t -1: . Fiscal Year 2011 Asset Cash and Investments Fixed Assets Other Assets Total Assets Less: Non - Current Assets Net Current Assets Liabilities Accounts Payable Compensated Absences General Obligation (Bonded Debt) Revenue (Bonded Debt) Other Debt (Bonded Debt) Notes (Other Long -Term Debt) Loans (Other Long -Term Debt) Other (Other Long -Term Debt) Notes (State or Federal Financing) Loans (State or Federal Financing) Other (State or Federal Financing) Lease Principal Other Liabilities 1 Other Liabilities 2 Other Liabilities 3 Total Liabilities Less: Non - Current Liability Net Current Liabilities Working Capital Fund Equity Retained Earnings Reserved Unreserved Fund Balance Reserved Unreserved Designated Unreserved Undesignated Total Fund Equity Fiduciary Fund Types Agency Expendable Non - Expendable Trust and Trust Trust Agency 321,3801 1 1. $321,380 - .... .. - $o - -- .....—_._ $0 $321,380 " '�. r- ., .� x� a +t`F''� "¢ `" •`"�� ; `;� , � ,,�/- ,R�+.f•.� -. y""is °r.- ..- �Ss.�•w,- ryv�w.e §y ....... d .w � t S ,a -� i4' r CT •tC i P yr !S? �.�.�. FS��.' �` � �.: y c!' T' t'+ ��°. �. r-•. j' 4! t+ 1.°},' 4. �”: �.. tiiC:^_•" l" G' i., k_�+'.]Y ?•:w'?S'= Fiduciary Fund Types Page 1 9/30/2011 $321,380 $0 $0 $321,380_ $0 $0 - - ..._ .._..$0_ -- -- $321,380 $0 ' .";s' _k: �• -+e'- ...• .,•.v T'• ;"S+;"i.'.^`?. -.a- *Q .• z ,..�...�, r= :':x �.- __.•�r'w; --�• f >- re �..... -. t { � .:::, • t > <� „a� t ~ "Ci o f Seal Beach "w' ;�' -F.ti� •_' it a'::.. , :.1_sa..u._.ax,x`�:...ee:._:_.. � - •S•."R.. ,,�,, .- /kAyi�"�..•�ry.. y y ... �.....,,.y,,,...4.. ^-c di': "^r. -r. p .... : .,.� •�.. r ��.:: -r :•.n:.i ..-. �,.. - � .._ .•. .,•�. -.. yi :4 4 .ti =4 r. =_c�k ' = 1 �iI�. T' ��� :��c- �i:�.�.�•�.•� ✓:TC °..*�..L �r:�w��.: �ii�L.'�::�irs :-3 f± '.�•.:,: ^�r�i::��:-��:��:��q��: - Fiscal Year Cash and Investments Fixed Assets Other Assets Total Assets Less: Non - Current Assets Net Current Assets Accounts Payable Compensated Absences 2011 General Obligation (Bonded Debt) Revenue (Bonded Debt) Other Debt (Bonded Debt) Notes (Other Long -Term Debt) Loans (Other Long -Term Debt) Other (Other Long -Term Debt) Notes (State or Federal Financing) Loans (State or Federal Financing) Other (State or Federal Financing) Lease Principal Other Liabilities 1 Other Liabilities 2 Other Liabilities 3 Total Liabilities Less: Non - Current Liabilities Net Current Liabilities Working Capital Fund Equity Contributed Capital Invest In General Fixed Assets Reserved Unreserved Fund Balance Account Groups General Fixed General Total Assets Long -Term Debt $42,238,149 96,640,659 14,799,9331 $22,489,033 $9 6,640,659 $14,799,933 $194,139,793 $96,640,659 $14,799,933 $144,212,544 ,� $ 1 7 . 7 . 77 77. ...... $49,927,249 eat a! ','• "? Z• . $1,666,482 s "h � +Lr" 745,349' $745,349 so 8,311,000 $8,311,000 Syr. - �:a^�::' fe•:�,i,�;4�:: P. ;: $99,521 . �'.._:,.:,;..�s:•_t�::� -__ ... $3,200,000 $0 $ o - 5,743,584 �- $5,743,584 -t $3,769,975 ;!?x _ $_14,799,933 $ 23,535,911 s . '#��- M $14,799,933 $18,099,454 . $ $5 Z6,457 � `... ' "•"`~� «s.° ���_$ $44,490,792 $96,640,659�a'.` r ' $170,603,882 Ti'�r`� - $196,166 :mot 96,640,659 i�� $96,640,659 $45,220,297 ,�.. -mss.: .t • .,...-�. .¢. x 452 Reserved '"Fr' fir^ +x $ 92,045 Unreserved Designated;;"{? ?!� $18,7 Unreserved Undesignated F ; ' '� • - -_ 9,483,737 - Total Fund Equity $96,640,659 ��r_ +,: $170,603,882 Account Groups Page 1 9/30/2011 �f :g `�• ,s:. I .�::• .,.4.�._:_.��.�...:..: '~-r'f :.'.., -•-n- •c�^;: ^_.._. ---, ..r.�. - , T,�-�• m .S' �T-- r.�^aarr- - -r_c. ;- a•,;•r..._...,�_ = —.e ,CltiesFinaiicalTransactions :;Report; liat Debt4Service r �. i. . }. ,i • A.. . 4 .Y a4^•(t ,•�,• .�" ' %�:.. �t:•y . j ;•y S - - ,�ti.J S<" is y i•r! t aa'L .' �� .,(� ,! t 'i/.i" .. •'� �L: �a•...� vG'xl � . %e .. kt':�." -. r "- $r...0 ) ..• -:.•�. �. I = .�'ia'•F'a fit. r •Y`.9 Debt Service Reconciliation Balance Sheet and Debt Pages Fiscal Year 2011 A B C Current Year Debt Service Reconciliation 0 Income Statement and Debt Pages Redeemed Bonded Debt 996,000 Other Long -Term Debt 3,581,495 State or Federal Financing 8,311,000 �- Lease Payments 621,609 Total Debt Service $5,199,104 Debt Service from Schedule of Total 5,199,104 Expenditures By Major Object Classification Difference Should Be Zero 0 Explanation Difference Long -Term Debt Outstanding Adjustments " After Debt Service Reconciliation from Balance Long -Term Debt (Please Explain Adjustments Balance Sheet and Debt Pages Sheet with Footnote) Must Be Zero Bonded Debt A B C D General Obligation 0 0 $ Revenue .-.,. 0 -- -o $0 Other Debt 8,311,000 �- 8,311,000 $0 Other Long -Term Debt Notes $0 Loans 99,521 777- 99,521 $0 Other 3,200,0091 3,200,000 $� State or Federal Financing Notes 0 0 L $0 Loan 0 " O $0 Other _0_ $ Lease Principal 5,743,584 5,743,584 _ _ $0 Debt Service Reconciliation Balance Sheet and Debt Pages Page 1 9/30/2011 ""T ROM itu 10 1. Balance Sheet Fiscal Year 2011 General Special Revenue Debt Service Capital Projects A B C D Total Assets 7_6:495 0 M $570,846 Less: Non-Current Assets Net Current Assets 17 7 $29,150,40 - 771 IT! T -76 79-5 $0 $570,846 Total Liabilities $2 $1,580,287 $0 $483,472 Non-Current Liabilities Net Current Liabilities 72 i F7 T27T7$1,580,287 $0 - 7 17 7 7"'T483,472 Working Capital 17779!963,17r. 77 $1 ( ----- -- -- iB 1 $87,374 Fund Equity $1,496,208 r $87,374 Contributed Capital Investment in General Fixed Assets Retained Earnings Reserved Unreserved Fund Balance Reserved 176757177771 76ir5_T____'__'__'7T57 $43,100 Unreserved - Designated $18,770,978 $ ... 7 71 .-,.-.$0 Unreserved - Undesignated r $8,089, T 7 1 T ,49-7,7 4 r r $0-..) $44,274 Total Fund Equity $26,963,178 W7,374 $1,126,208 Balance Sheet Page 1 9/30/2011 v .t.: •ror_ ,..-._ 7T'lChl""'v� r SF � k• a,e'.'i - .•fi', { g � .� f ,-- � �'.. .I � +:. x:. ^ 6�ii - •�Y• r,. ..�. :. ., +. .. - e, 'i ,r''. _•+r:r• 4 � . Clt . f'Seai Balance Sheet Fiscal Year 2011 Enterprise Internal Service Trust and Agency G Total Assets $47,350711 $2,229,764 $321,380 Less: Non - Current Assets $32 $0 :977F 36,283 Net Current Assets $14,814,642 ry $1,993,481 $321,380 Total Liabilities E, •$4,163,612 17 7 7 7 $321,380 Non - Current Liabilities $3,299,521 $0 $0 $864,091 $0 $321,380 Net - Current Liabilities _ Working Capital $13,95Q551 $1,993,481 $0 Fund Equity _ $43186,699_ $2,229,764 _ $0 Contributed Capital $196,166 $0 74:;McS` Investment in General Fixed Assets- = ` ''ter. a. �'��°Yi•�t5 Retained Earnings Reserved $0 $0 �,, su k • w.'_;: Unreserved $42,990 $2_229,76 ME -« --• - - -- --- -- Fund Balance .. �- Reserved f z� `m %-' $0 Unreserved - Designated = Unreserved - Undesignated �ia`r"�`` �' / $0 Total Fund Equity $43,186,699 $2,229,764 - $0 Balance Sheet - Page 2 9/30/2011 I _�7 3 MP V ' .1f M. 1 Balance Sheet Fiscal Year 2011 General Fixed General Long- Total Assets Term Debt H I i Total Assets r. $194,139,7913 Less: Non-Current Assets r77PKFMrj_7 $144,212,544 ' � , G27,jj Net Current Assets M M MRS M T 7 _ $14,7 r Total Liabilities Non-Current Liabilities .177; 73, TiF.099,454 7779. .T sY F MK E, $5,436,457 Net-Current Liabilities 7 795.792 E Working Capital 19§ QP V $170,603,882 Fund Equity Contributed Capital Investment in General ['7796,649,659 Fixed Assets Retained Earnings Reserved I'M - .M_01 $ 45,2 20,29 7 Unreserved Fund Balance 292,045 $ Reserved IM_ NEW 770,978 Unreserved - Designated - —9 T37 - Y 10 " MMM' - 7 - IT: Unreserved - Undesignated � � Total Fund Equity Balance Sheet Page 3 9/30/2011 T S_ _•«n•+r- FTC- r. ?. ,--- .Tf.r -- _ . .. _, r-..___•- r.-..- R:: r• w.•.... T_ 'R'�-_^slR_'y�l��,_�^- ..._".... t:: `' ... ' _" Ye °•._ "�•. ._ -_ �• ••s_•+^� Cit''xofl$'ea{'Bead a t: ..�'. a d.':'L..:'_'._��.�� �• d_ 0. J�Ca ?:.....,.i...+'.i..�. d �.�..� _. . t .�• ^ .�p�_ a c.. �.'I_�.w -�•.� - ..- .a.�'s..r..�:."i�n h'c!�7!M'wY!!�'."Yt^'L::�fi: TX '_.�....�. r .�S _w.r.. y.y... r �«"`� ... lYl�...4 _'::E+:�l•» : Consolidated Statement Fiscal Year 2011 Consolidated Statement Page 1 9/30/2011 Total Functional Net Expenditures Revenues Expenditures/ (Excess) Revenues Expenditures Net of Functional Revenues General Government $7,090,473 $30,092 $7,060,381 Public Safety $14,733,052 $2,052,198 $12,680,854 Transportation $6,659,531, $1 X 623,467 $5,036,064 ' Community Development $1,320,773 $769,972 $550,801 Health $5,606 - — 329 -77 ($1,061,920) Culture and Leisure $2,274,984 $1,389,497 $885,487 Public Utilities $6,341,465 $4,497,657 $1,843,808 Other $0 $51,800 ($51,800) Total _ $44,026,687 $17,083 $26,943,675 General Revenues Taxes `� Wit �� Yr,w# Rte• ^ ;� �rd ` c sa u � ( 20,3,380 ' �- 18 ti C_v x�S— .t2- .�... a¢..s= �1...�.., - .... .. _ ^ Licenses and Permits'�� = . °' i $284,030 Fines and Forfeitures } +}yaa����ff� ` - y $17,916 vaa4`]�C'ek. ?w..:4:.1..w Revenue from Use of Money andProperty Y ; �`r�. • -ti= $, 655444 `� t y 3a .. ... Intergovernmental State ../'�`+` �• *. $169,888 Intergovernmental County ? _— Other Taxes In -Lieu $0 Other �. �,r =�� $100,424 - Total 4 - r,�"•s°` •, $21,411 Excess /(Deficiency) of General ye, F3 ($5,532,593) Revenue Over Net Expenditures Excess /(Deficiency) of Internal = �",� Viz' ($33,861) Service Charges Over Expenses -- Beginning Fund Balance/ Working oti "t y' 4 g� x4+t' ' -�r-a $9,595, a-�� 4 885 Capital: =-- �� Consolidated Statement Page 1 9/30/2011 N E E hE UVOM Consolidated Statement Fiscal Year 2011 Adjustments (Specify, maximum of 10 $697,644 entries allowed) Specify: Amount: ITransfers 427,500 1Beginning Balance Adjustments �1 44 Total: $697,644 Ending Fund Balance/ Working 3Fi -$44,727,075 Capital Appropriation Limit as of Fiscal Year End F 22,255,288 1 Total Annual Appropriation Subject NO M 18,608,400 to the Limit as of Fiscal Year End M ' '111 MMME MIAR-N- Consolidated Statement Page 2 9/3012011 ATTACHMENT tic„ SEAL BEACH REDEVELOPMENT AGENCY 2010 -2011 ANNUAL REPORTS C -1 Independent Auditor's Report - 33080.1 a C -2 State Controller's Report - 33080.1 a C -3 Statement of Indebtedness - 33080.1 b C -4 Housing Activities Report - 33080.1 c C -5 Blight Progress Report - 33080.1 d C -6 Loan Report - 33080.1 e C -7 Property Ownership Report - 33080.1 f C -8 Eminent Domain & Time Limits - 33080.1g C -9 Additional Activities /Information - 33080.1 h SEAL BEACH REDEVELOPMENT AGENCY INDEPENDENT AUDITOR'S REPORT ON FINANCIAL STATEMENTS AND LEGAL COMPLIANCE Health & Safety Code Section 33080.1 a The annual audit of the Seal Beach Redevelopment Agency's financial statements was conducted by Lance, Soli & Lunghard, Certified Public Accountants. Their report indicates the financial statement present fairly, in all material respects, the financial position of the Agency at year end and in conformity with generally accepted account principles and accounting systems prescribed by the State of California Redevelopment Agency. (Under Separate Cover) Copies available for public review: City Clerk's Office Mary Wilson Library Rossmoor /Los Alamitos Library Leisure World Library Attachment C -1 SEAL BEACH REDEVELOPMENT AGENCY STATE CONTROLLER'S REPORT "ANNUAL REPORT OF FINANCIAL TRANSACTIONS OF COMMUNITY REDEVELOPMENT AGENCIES" Health & Safety Code Section 33080.1 a The State Controller's Report is a report of financial transactions for the Agency and is submitted to State Controller. Attachment C -2 0 � W31 ,' ,'r Seal Beach Redevelopment Agency Fiscal Year: 2011 Certification: ID Number: 13983085700 I hereby certify that, to the best of my knowledge and belief, the report forms fairly reflect the financial transactions of the agency in accordance with the requirements as prescribed by the California State Controller. Fiscal Officer Signature Title V C✓ UXA 1 c o l Name (Please Print) 1 Dat Per Health and Safety Code section 33080, this report is due within six months after the end of the fiscal year. The report is to include two (2) copies of the agency's component unit audited financial statements and the report on the Status and Use of the Low and Moderate Income Housing Fund (HCD report). To meet the filing requirements, all portions must be received by the California State Controller's Office. Please complete, sign, and mail this cover page to either address below. Mailing Address: Express Mailing Address: State Controller's Office State Controller's Office Division of Accounting and Reporting Division of Accounting and Reporting Local Government Reporting Section Local Government Reporting Section P. O. Box 942850 3301 C Street, Suite 700 Sacramento, CA 94250 Sacramento, CA 95816 Seal Beach Redevelopment Agency Redevelopment Agencies Financial Transactions Report General Information Fiscal Year 2011 Members of the Governing Body Last Name Iingram Crumby IDevine Middle I 1 Last Name First Name Initial Chairperson Sloan I (David I U Member Levitt I Michael n Member Miller I Gary n Member Deaton jEllery I I I Member Gordon I (Shanks _ I I I Member I 92821 - u Member 1(714) 672 -0022 n Member Member n Member 1 U Mailing Address Street 1 ICity Hall Street 2 1211 8th Street City ISeal Beach I State ICA I Zip 90740 -6379 Phone (562) 431 -2527 1 ❑ Is Address Changed? Officials Executive Director Fiscal Officer Secretary Last Name Iingram Crumby IDevine First Name Middle phone Initial Jill (562) 431 -2527 Sean 1(562) 431 -2527 Linda 1(562) 431 -2527 1 I 1 Report Prepared By Independent Auditor Firm Name Lance, Soll & Lunghard, LLP Last IHoang Harper First jAlayna I IDebbie Middle Initial 1H — F--1 Street 211 8th Street 203 North Brea Blvd, Suite 203 City IsealBeach Brea State CA CA Zip Code 90740 -6379 92821 - Phone 1(562) 431 -2527 1(714) 672 -0022 General Information Page 1 10/31/2011 Seal Beach Redevelopment Agency Redevelopment Agencies Financial Transactions Report Audit Information Fiscal Year 2011 Was the Report Prepared from Audited Financial Data, and Did You Submit a Copy of the Audit? Indicate Financial Audit Opinion If Financial Audit is not yet Completed, What is the Expected Completion Date? If the Audit Opinion was Other than Unqualified, State Briefly the Reason Given Yes If compliance opinion includes exceptions, state the areas of non - compliance, and describe the agency's efforts to correct. Was a Compliance Audit Performed in Accordance with Health and Safety Code Section 33080.1 and the State Controller's Guidelines for Compliance Audits, and Did You Submit a Copy of the Audit? Indicate Compliance Audit Opinion If Compliance Audit is not yet Completed, What is the Expected Completion Date? Unqualified N/A Yes Unqualified Audit Information Page 1 10/3112011 Seal Beach Redevelopment Agency Redevelopment- Agenciesfinancial Transactions -Report Project Area Report Fiscal Year 2011 Please Provide a Brief Description of the Activities for this Project Area During the Reporting Year. Project Area Name Riverfront Project Area Forwarded from Prior Year ? Enter Code for Type of Project Area Report P = Standard Project Area Report L = Low and Moderate Income Housing Fund O = Other Miscellaneous Funds or Programs Does the Plan Include Tax Increment Provisions? Date Project Area was Established (MM- DD -YY) Most Recent Date Project Area was Amended Did this Amendment Add New Territory? Most Recent Date Project Area was Merged Established Time Limit: Will this Project Area be Carried Forward to Next Year? Yes P A = Administrative Fund M = Mortgage Revenue Bond Program S = Proposed (Survey) Project Area Yes 3/3/1969 10/1/1997 No 9/4/1981 Yes Repayment of Indebtedness (Year Only) �— 2024 Effectiveness of Plan (Year Only) I 2009 New Indebtedness (Year Only) I 2004 Size of Project Area in Acres I 200 Percentage of Land Vacant at the Inception of the Project Area I 0.0 Health and Safety Code Section 33320.1 (xx.x %) Percentage of Land Developed at the Inception of the Project Area 100.0 Health and Safety Code Section 33320.1 (xx.x%) Objectives of the Project Area as Set Forth in the Project Area Plan � PO (Enter the Appropriate Code(s) in Sequence as Shown) R = Residential I = Industrial C = Commercial P = Public O = Other Project Area Report Page 1 10/31/2011 Activitv Report Seal Beach Redevelopment Agency RedevelopmentAgencies Financial Transactions Report Assessed Valuation Data Fiscal Year 2011 Project Area Name lRiverfront Project Area Frozen Base Assessed Valuation Increment Assessed Valuation Total Assessed Valuation 1,757,323 219,487,077 221,244,400 Assessed Valuation Data Page 1 10/31/2011 Seal Beach Redevelopment. Agency Redevelopment Agencies Financial Transactions Report Pass - Through / School District Assistance Fiscal Year Project Area Name Amounts Paid To Taxing Agencies Pursuant To: County Cities School Districts Community College District Special Districts Total Paid to Taxing Agencies Net Amount to Agency Gross Tax Increment Generated 2011 I Riverfront Project Area Tax Increment Pass Through Detail Other Payments H& S Code H& S Code H& S Code Total H& S Code H& S Code Section 33401 Section 33676 Section 33607 Section 33445 Section 33445.5 $o $0 $0 so $0 $0 $0 $0 $0 $0 $0 $2,228,383 2,228,383 Pass - Through / School District Assistance Page 1 10/31/2011 _ J p Seal Beach Redeveloment Agency Redevelopment Agencies Financial Transactions Report Summary of the Statement of Indebtedness - Project Area Fiscal Year 2011 Project Area Name Tax Allocation Bond Debt Revenue Bonds Other Long Term Debt City /County Debt Low and Moderate Income Housing Fund Other Total Available Revenues Net Tax Increment Requirements I Riverfront Project Area 7,195,382 2,471,977 3,010,694 $12,678,053 1,478,502 $11,199,551 Summary of the Statement of Indebtedness - Project Area Page 1 10/31/2011 Seal Beach Redevelopment Agency Fiscal Year Project Area Name Forward from Prior Year Bond Type Year of Authorization Principal Amount Authorized Principal Amount Issued Purpose of Issue Maturity Date Beginning Year Maturity Date Ending Year Redevelopment Agencies Financial'Transactions Report Agency Long -Term Debt 2011 1 Riverfront Project Area Principal Amount Unmatured Beginning of Fiscal Year Adjustment Made During Year Adjustment Explanation Interest Added to Principal Principal Amount Issued During Fiscal Year Principal Amount Matured During Fiscal Year Principal Amount Defeased During Fiscal Year Principal Amount Unmatured End of Fiscal Year Principal Amount In Default Interest In Default Yes Other 1 20021 1 182,265 182,265 Capital Improvement Lease 2002 20141 $73,775 18,764 $55,011 Bond Types Allowed: Tax Allocation Bonds; Revenue Bonds; Certificates of Participation; Tax Allocation Notes; Financing Authority Bonds; City /County Debt; US;State; Loans; Lease Obligations; Notes; Deferred Pass - Throughs; Deferred Compensation; Other Agency Long -Term Debt Page 1 10/31/2011 Seal Beach Redevelopment Agency Fiscal Year Project Area Name Forward from Prior Year Bond Type Year of Authorization Principal Amount Authorized Principal Amount Issued Purpose of Issue Maturity Date Beginning Year Maturity Date Ending Year Redevelopment Agencies Financial Transactions Report Agency Long -Term Debt 2011 Riverfront Project Area Principal Amount Unmatured Beginning of Fiscal Year Adjustment Made During Year Adjustment Explanation Interest Added to Principal Principal Amount Issued During Fiscal Year Principal Amount Matured During Fiscal Year Principal Amount Defeased During Fiscal Year Principal Amount Unmatured End of Fiscal Year Principal Amount in Default Interest In Default Yes ITax Allocation Bonds 20001 1 9,205,000 9,205,000 Refunding Bonds 2001 20241 $6,005,000 430,000 $5,575,000 Bond Types Allowed: Tax Allocation Bonds; Revenue Bonds; Certificates of Participation; Tax Allocation Notes; Financing Authority Bonds; City /County Debt; US;State; Loans; Lease Obligations; Notes; Deferred Pass - Throughs; Deferred Compensation; Other Agency Long -Term Debt Page 2 10/31/2011 Seal Beach Redevelopment Agency Redevelopment Agencies Financial Transactions Report Statement of Income and Expenditures - Revenues Fiscal Year 2 011 Proiect Area Name Riverfront Proiect Area Low /Moderate Special Capital Project Debt Service Income Housing Revenue /Other Funds Funds Funds Funds Total Tax Increment Gross (Include All Apportionments) Special Supplemental Subvention Property Assessments Sales and Use Tax Transient Occupancy Tax Interest Income Rental Income Lease Income Sale of Real Estate Gain on Land Held for Resale Federal Grants Grants from Other Agencies Bond Administrative Fees Other Revenues 1,782,7071 445,676 $2,228,383 Total Revenues Statement of Income and Expenditures - Revenues Page 1 10/31/2011 so i I $0 _ i $0 $0 24,334 5,4601 7,436 J $37,230 971 $971 $0 $0 $0 $0 $0 $0 $24,334 $1,789,138 $453,112 $0 $2,266,584 Statement of Income and Expenditures - Revenues Page 1 10/31/2011 ,Seal Beach Redevelopment Agency Redevelopment Agencies. Financial Transactions Report Statement of Income and Expenditures - Expenditures Fiscal Year 12011 Project Area Name IRIverfront Project Area Capital Project Debt Service Low /Moderate Special Funds Funds Income Housing Revenue /Other Total Administration Costs 4,467 $4,467 Professional Services 900,401 12,1061 I $912,507 Planning, Survey, and Design $0 Real Estate Purchases $0 Acquisition Expense 900,000 $900,000 Operation of Acquired Property $0 Relocation Costs I I $0 Relocation Payments $0 Site Clearance Costs I $0 Project Improvement / Construction Costs $0 Disposal Costs $0 Loss on Disposition of Land Held for $0 Resale Statement of Income and Expenditures - Expenditures Page 1 10/31/2011 Seal Beach Redevelopment Agency Redevelopment Agencies Financial Transactions Report Statement of Income and Expenditures - Expenditures Fiscal Year 12011 1 Project Area Name IRiverfront Project Area Capital Project Debt Service Low /Moderate Special Funds Funds Income Housing Revenue /Other Total Decline in Value of Land Held for Resale Rehabilitation Costs Rehabilitation Grants Interest Expense Fixed Asset Acquisitions Subsidies to Low and Moderate Income Housing Debt Issuance Costs Other Expenditures Including Pass - Through Payment(s) Debt Principal Payments: Tax Allocation Bonds and Notes Revenue Bonds, Certificates of Participation, Financing Authority Bonds City /County Advances and Loans All Other Long -Term Debt Total Expenditures Excess (Deficiency) Revenues over (under) Expenditures I 1 i $ 21,7141 242,472 1 $264,186 I 1 1 $0 3,546 296,1831 1 $299,729 $o $0 I I 1 $0 253,5121 1 $253,512 430,0001 11 $430,000 $0 0 $0 18,764 $18,764 $1,827,178 $1,013,515 7242,472 $0 $3,083,165 ($1,802,844) 1 $775,623 $210,640 1 $0 1 ($816,581) Statement of Income and Expenditures - Expenditures Page 2 10131/2011 Seal Redevelopment Agency Redevelopment Agencies Financial Transactions Report Statement of Income and Expenditures - Other Financing Sources Fiscal Year 12011 Project Area Name Riverfront Project Area Capital Project Debt Service Low /Moderate Special Funds Funds Income Housing Revenue /Other Total Proceeds of Long -Term Debt 1,200,000 I $1,200,000 Proceeds of Refunding Bonds I I $0 Payment to Refunded Bond Escrow Agent $0 Advances from City /County $0 Sale of Fixed Assets $0 Miscellaneous Financing Sources (Uses) $0 Operating Transfers In 467,987 733,7491 $1,201,736 Tax Increment Transfers In I I $0 Operating Transfers Out 1,201,7361 I $1,201,736 Tax Increment Transfers Out $0 (To the Low and Moderate Income Housing Fund) Total Other Financing Sources (Uses) $1,667,987 ($467,987) $0 $0 $1,200,000 Statement of Income and Expenditures - Other Financing Sources Page 1 10131/2011 Seal Beach,Redevelopment.Agency Redevelopment Agencies Financial Transactions Report Statement of Income and Expenditures - Other Financing Sources Fiscal Year 12011 1 Project Area Name Riverfront Project Area Capital Project Debt Service Low /Moderate Special Funds Funds Income Housing Revenue /Other Total Excess (Deficiency) of Revenues and ($134,857) $307,636 $210,640 $0 $383,419 Other Financing Sources over Expenditures and Other Financing Uses Equity, Beginning of Period $4,073,434 $1,170,862 $3,116,539 $0 $8,360,835 Prior Period Adjustments I I $ Residual Equity Transfers $ Equity, End of Period $3,938,577 $1,478,498 $3,327,179 $0 T $8,744,254 Statement of Income and Expenditures - Other Financing Sources Page 2 10/31/2011 Seal Beach Redevelopment Agency Fiscal Year 2011 Assets and Other Debits Cash and Imprest Cash Cash with Fiscal Agent Tax Increments Receivable Accounts Receivable Accrued Interest Receivable Loans Receivable Contracts Receivable Lease Payments Receivable Unearned Finance Charge Due from Capital Projects Fund Due from Debt Service Fund Due from Low /Moderate Income Housing Fund Due from Special Revenue/Other Funds Redevelopment Agencies Financial Transactions Report Balance Sheet - Assets and Other Debits Low /Moderate Special Capital Projects Debt Service Income Housing Revenue /Other General Long- General Fixed Funds Funds Funds Funds Term Debt Assets Total 3,974,594 734,1171 1,378,9951 J $6,087,706 740,769 2,8201 1 $740,769 $2,820 7,893 7921 1,7981 1,957,6031 $0 J $10,483 $1,957,603 $0 $0 $0 $0 $0 $0 Balance Sheet - Assets and Other Debits Page 1 10131/2011 Seal Beach Redevelopment Agency Fiscal Year 2011 Investments Other Assets Investments: Land Held for Resale Total $0 $0 $0 Allowance for Decline In - - - $0 Value of Land Held for Resale Fixed Assets: Land, 978 $978,289 Structures, and Improvements Equipment - 19,417 $19,41 Amount Available In Debt 1,478,498 $1,478,498 Service Fund Amount to be Provided for I 4,151,513 $4,151,513 Payment of Long -Term Debt Total Assets and Other $3,982,487 $1,478,498 $3,338,396 $0 $5,630,011 $997,706 $15,427,098 Debits (Must Equal Total Liabilities, Other Credits, and Equities) Redevelopment.Agencies Financial Transactions Report Balance Sheet - Assets and Other Debits Low /Moderate Special Capital Projects Debt Service Income Housing Revenue /Other General Long- General Fixed Funds Funds Funds Funds Term Debt Assets Balance Sheet - Assets and Other Debits Page 2 10/31/2011 Seal Beach Redevelopment Agency Redevelopment'Agencies Financial Transactions Report Balance Sheet - Liabilities and Other Credits Low /Moderate Special Fiscal Year 2011 Capital Projects Debt Service Income Housing Revenue /Other General Long- General Fixed Funds Funds Funds Funds Term Debt Assets Total Liabilities and Other Credits Accounts Payable Interest Payable Tax Anticipation Notes Payable Loans Payable Other Liabilities Due to Capital Projects Fund Due to Debt Service Fund Due to Low /Moderate Income Housing Fund Due to Special Revenue /Other Funds Tax Allocation Bonds Payable Lease Revenue, Certificates of Participation Payable, Financing Authority Bonds All Other Long -Term Debt Total Liabilities and Other Credits $0 5,575,0001 $5 575 000 $0 ' I I I I Z)5,U1 I I J $55,011 $43,910 1 $0 $11,217 1 $0 $5,630,011 $5,685.138 Balance Sheet - Liabilities and Other Credits Page 1 10/31/2011 Seal. Beach Redevelopment Agency Fiscal Year 2011 Equities Investment In General Fixed Assets Fund Balance Reserved Fund Balance Unreserved-Designated Fund Balance U n reserved -U ndesignated Total Equities Total Liabilities, Other Credits, and Equities Redevelopment Agencies Financial Transactions Report Balance Sheet - Liabilities and Other Credits Low /Moderate Special Capital Projects Debt Service Income Housing Revenue /Other General Long- General Fixed Funds Funds Funds Funds Term Debt Assets Total 997,7061 $997,706 3,327,179 $3,327,179 3,938,577 1,478,4981 Ir $5,417,075 $0 $3,938,577 $1,478798 ' $3,327,179 $0 $997,706 $9,741,960 $3,982,487 $1,478,498 $3,338,396 $0 $5,630,011 $997,706 $15,427,098 Balance Sheet - Liabilities and Other Credits Page 2 10/31/2011 Seal Beach Redevelopment Agency Redevelopment Agencies Financial Transactions Report Statement of Income and Expenditures - Summary, Combined Transfers In /Out Fiscal Year 2011 Operating Transfers In $1,201,736 Tax Increment Transfers In $0 Operating Transfers Out jr $1,201,736 Tax Increment Transfers Out $0 Statement of Income and Expenditures - Summary, Page 1 10/31/2011 Combined Transfers In /Out SEAL BEACH REDEVELOPMENT AGENCY STATEMENT OF INDEBTEDNESS - CONSOLIDATED Health & Safety Code Section 33080.1 b The Consolidated Statement of Indebtedness is a report includes all indebtedness entered by the Agency and submitted to the State Controller. Attachment C -3 STATEMENT OF INDEBTEDNESS - CONSOLIDATED FILED FOR THE 2011 -2012 TAX YEAR Name of Redevelopment Agency Seal Beach Redevelopment Agency Name of Project Area Riverfront Project Area Cover Page Consolidate on this form all of the data contained on Form A and B (including supplemental pages). Form A is to include all indebtedness entered into as of June 30 of the Fiscal Year. Form B may be filed at the option of the agency, and is to include indebtedness entered into post June 30 of the Fiscal Year, pursuant to Health and Safety Code Section 33675(c)(2). This is optional for each agency and is not a requirement for filing the Statement of indebtedness. The Reconciliation Statement is to include indebtedness from Form A only. Certification of Chief Financial Officer: Pursuant to Section 336775 (b) of the Health and Safety Code, I hereby certify that the above is a true and accurate Statement of Indebtedness for the above named agency. Rev 7/6/2000 AUDITOR- CONTKULLtK .CEP 2 9 2011, Sean Crumby Asst. City Manager /Director of Public Works u -...- T41. Current Total Principal/Interest Balances Carried Forward From: Line Outstanding Debt Due During Tax Year Fiscal Period - Totals (From Form A, Page 1 Totals) (1) $ 12,678,053 $ 4,824,275 (Optional) Post Fiscal Period - Totals (From Form B Totals) -(2) $ 1,160,336 $ 937,868 Grand Totals (3) $ 13,838,389 $ 5,762,143 Available Revenues From Calculation of Available Revenues, Line 7 (4) $ 1,478,502 Net Requirement (5) $ 12,359,887 Consolidate on this form all of the data contained on Form A and B (including supplemental pages). Form A is to include all indebtedness entered into as of June 30 of the Fiscal Year. Form B may be filed at the option of the agency, and is to include indebtedness entered into post June 30 of the Fiscal Year, pursuant to Health and Safety Code Section 33675(c)(2). This is optional for each agency and is not a requirement for filing the Statement of indebtedness. The Reconciliation Statement is to include indebtedness from Form A only. Certification of Chief Financial Officer: Pursuant to Section 336775 (b) of the Health and Safety Code, I hereby certify that the above is a true and accurate Statement of Indebtedness for the above named agency. Rev 7/6/2000 AUDITOR- CONTKULLtK .CEP 2 9 2011, Sean Crumby Asst. City Manager /Director of Public Works u -...- T41. STATEMENT OF INDEBTEDNESS - POST FISCAL YEAR INDEBTEDNESS ONLY Form B FILED FOR THE 2011 -2012 TAX YEAR (Optional) To be used only if the agency wishes to include indebtedness entered into after June 30 Name of Redevelopment Agency Seal Beach Redevelopment Agency Name of Project Area Riverfront Project Area For Indebtedness Entered into post ,tune 30, 2011 as of September 30, 2011 Debt Identification Original Data Current Date Principal Term Interest Rate Total Interest Total Outstanding Debt Principalllnterest Due During Tax Year Transfer Agreement with the City of (A) Seal Beach Transfer Agreement with the Ci of (B) Seal Beach 09/26/11 09/26/11 937,868 222,468 Unth Paid Until Paid None None Not Applicable Not Appl icable 937,868 222,468 937,868 - (D) (R) (F) (G) (H) ( ( (K) 4) 'OTALS r-OST FISCAL YEAR INDEBTEDNESS : $ 1.160,336 $ 937,868 Purpose of Indebtedness: (A) Reimbursement agreement with City for 2011 -12 in accordance with Health & Safety Code. (B) Reimbursement agreement with City for 2012 -13 in accordance with Health & Safety Code. (C) (D) (E) (G) () (K) (F) (L) STATEMENT OF INDEBTEDNESS FILED FOR THE 2011 -2012 TAX YEAR Name of Redevelopment Agency . Seal Beach Redevelopment Agency Name of Project Area Riverfront Project Area For Indebtedness Entered into as of June 30, 2011 Form A Page I of 1 Pages Purpose of Indebtedness: (A) Riverfront Project Area improvements & refinance 1986 & 1991 TAB's. (B) Riverfront Project Area improvements & refinance 1986 & 1991 TAB'S. Low and Moderate Income Housing obligation required under Section 33334.2 (C) of the Health and Safety Code. (D) Property tax administrative charges calculated based upon outstanding debt. (E) Supplemental Educational Revenue Augmentation FY 09/10. (1) Supplemental Educational Revenue Augmentation FY 10 /11 (G) Loan from City of Seal beach in connection with settlement of Bay city Partners obligation. (H) Note Payable - Land, Zoeter Parcel A. (1) (J) Original Data Interest Total Total Principal /Interest Debt Identification Date Principal Term Rate Interest Outstanding Debt Due During Tax Year 2000 Tax Allocation Bond, 23 (A) Series A 12/20/00 8.520,000 Years Varies $ 5,065,532 6,708,619 663,315 2001 Tax Allocation Bond, 18 (B) Series B 12/20/00 685,000 Years Varies $ 410,725 486,763 61,150 Low and Moderate Income As of Computed based upon Until (Cp Housing Set -Aside Obligation 06/30/11 outstanding debt Paid None Not Applicable 2,471,977 2,471.977 Property Tax Administrative As of Computed based upon (D) Charges 06/30/11 outstanding debt Open None Not Applicable 119,891 119,891 SERAF Obligation created by FY Until (E) AB 1390 - 2009 -10 1 2009 -10 $ 1.231,342 Paid None Not Applicable 1,231,342 1,231,342 SERAF Obligation created by FY Until (I) AB 1390 - 2010 -11 2010 -11 $ 253,264 Paid None Not Applicable 253.512 253,512 Loan from City of Seal Beach (G) for Bay City Partners Settlement 06/27/11 $ 1,200.000 07/01/14 6.0% $ 146,795 1,346,795 - (H) Capital Improvement Leases 1997 $ 1,221.350 2012 5.84% $ 606,278 59,154 23,088 (I) () Sub Total, This Page : $ 12,678,053 $ 4,824.275 Totals Forward From All Other Pages : $ - $ - Grand Totals : $ 12,678,053 $ 4.824.275 Available Revenues From Calculation of Available Revenues ; : $ (1 ::: Net Re uirement $ 11,199,551 Purpose of Indebtedness: (A) Riverfront Project Area improvements & refinance 1986 & 1991 TAB's. (B) Riverfront Project Area improvements & refinance 1986 & 1991 TAB'S. Low and Moderate Income Housing obligation required under Section 33334.2 (C) of the Health and Safety Code. (D) Property tax administrative charges calculated based upon outstanding debt. (E) Supplemental Educational Revenue Augmentation FY 09/10. (1) Supplemental Educational Revenue Augmentation FY 10 /11 (G) Loan from City of Seal beach in connection with settlement of Bay city Partners obligation. (H) Note Payable - Land, Zoeter Parcel A. (1) (J) RECONCILIATION STATEMENT - CHANGES IN INDEBTEDNESS Name of Agency Seal Beach Redevelopment Agency Name of Project Area Riverfront Project Area Tax Year 2011 -2012 Reconciliation Dates: From July 1, 2010 To June 30, 2011 Page 1 of 2 Pages A 13 D E E Debt Identification: Outstanding Debt All Beginning Indebtedness Adjustments Amounts Paid Against Indebtedness, from: Remaining Balance (A +B- C -D -E) Sol, pa a Brief Description 'Increases (Attach Explanation) Decreases Attach Explanation) Prior Yr Tax Increment Other Funds Pg 1 111ne: 2000 Tax Allocation Bond, Line A Series A 7,371,600 662,981 6,708,619 Pg 1 2001 Tax Allocation Bond, .Ine B Line B Series B 549,965 63.202 486,763 1 Pg 1 Low and Moderate Income Line C Line C Housing Set -Aside Obligation 1,980,391 937,263 445,677 2,471,977 i Pg Pg 1 Pg 1 Property Tax Administrative Line D Line D Charges 19.000 122.605 21.714 119.891 Pg New Pg 1 SERAF Obligation created by Line Line E AB 1390 - 2009 -10 - 1,231.342 1,231,342 Pg 1 Pg 1 SERAF Obligation created by Line E Line F AB 1390 - 2010 -11 253,264 248 253,512 Pg New Pg 1 Loan from City of Seal Beach Line Line G for Bay City Partners Settlement - 1,346,795 1,346,795 Pg New Pg 1 Line 1LIn. H Capital Improvement Leases - 81,463 22,309 59,154 TOTAL - THIS PAGE $ 10,174,220 $ 3,719,716 $ - $ 1,193,574 $ 22,309 $ 12,678,053 OTALS FORWARD $ - $ 733,605 $ - $ 733,605 $ - $ _ GRAND TOTALS $ 10,174,220 $ 4,453,321 $ - $ 1,927,179 $ 22,309 $ 12,678,053 1 NOTE: Column A must equal the previous year Statement of Indebtedness Outstanding Debt. Column F must equal this year's S01 Outstanding Debt column. Use the page and line number that the indebtedness is listed on in each year as appropriate, and a brief description. Ignore any indebtedness fully repaid in the previous year, as it had a zero ending balance. All new indebtedness entered into since the previous Sol is to be listed below the previous indebtedness. Enter "new" in the "Prior Yr" page and line column for each new indebtedness. Rev. 5/2/94 RECONCILIATION STATEMENT - CHANGES IN INDEBTEDNESS Page 2 of 2 Pages Name of Agency Seal Beach Redevelopment Agency Name of Project Area Riverfront Project Area Tax Year 2011 -2012 Reconciliation Dates: From July 1, 2010 To June 30, 2011 A 11 1 13 R I E E Debt Identification: Outstanding Debt All Beginning Indebtedness Adjust ents Amounts Paid Against Indebtedness, from: Remaining Balance A +B- C -D -E) Sol, pa a and line: Brief Description Increases (Attach Explanation) Decreases Attach Explanation) Prior Yr Current Yr Tax Increment Other Funds Pg New Pg Administrative charges in Line Line connection with bonds and increment - 12,106 12,106 - Pg New Pg SERAF payment created by -ine Line AB 1390 - 253,512 253,512 - Pg New Pg Line Line Project Costs - 467,987 467,987 - Pg Pg Line Line Pg Pg Line Line Pg Pg Line Line Pg Pg Line Line Pg Pg Line Line Pg Pg Line Line o g P :ine Line Pg Pg Line Line Pg Pg Line Line TOTAL - THIS PAGE $ - $ 733,605 $ - $ 733,605 $ - $ - NOTE: Column A must equal the previous year Statement of Indebtedness Outstanding Debt. Column F must equal this year's SOI Outstanding Debt Column. CALCULATION OF AVAILABLE REVENUES AGENCY NAME Seal Beach Redevelopment Agency PROJECT AREA Riverfront Project Area TAX YEAR 2 011 -2012 RECONCILIATION DATES: JULY 1, 2010 TO JUNE 30, 2011 1. Beginning Balance, Available Revenues (See Instructions) Adjustments to reconcile opening balance to debt servicing funds. 2. Tax Increment Received - Gross All Tax Increment Revenues, to including any Tax Increment passed through to other local taxing agencies 3. All other Available Revenues Received (See Instructions) 4. Revenues from any other source, included in Column E of the Reconciliation Statement, but not included in (1 - 3) above 5. Sum of Lines 1 through 4 6. Total amounts paid against indebtedness in previous year. (D + E on Reconciliation Statement) 7. Available Revenues, End of Year (5 - 6) FORWARD THIS AMOUNT TO STATEMENT OF INDEBTEDNESS NOTES $ 3,907,622 $ (2,736,757) $ 2,228,383 $ 6,433 $ 22,309 $ 3,427,990 $ 1,949,488 $ 1,478,502 Tax Increment Revenues: The only amount(s) to be excluded as Tax Increment Revenue are any amounts passed through to other local taxing agencies pursuant to Health and Safety Code Section 33676. Tax Increment Revenue set -aside in the Low and Moderate Income Housing Fund will be washed in the above calculation, and therefor omitted from Available Revenues at year end. Item 4. above: This represents any payments from any source other than Tax Increment OR available revenues. For instance, an agency funds a project with a bond issue. The previous SOI included a Disposition Development Agreement (DDA) which was fully satisfied with these bond proceeds. The DDA would be shown on the Reconciliation Statement as fully repaid under the 'other" column (Col E), but with funds that were neither Tax Increment, nor "Available Revenues" as defined. The amounts used to satisfy this DDA would be included on line 4 above in order to accurately determine ending "Available Revenues ". Rev (5/2/94) Reconciliation Statement e Description of Adjustments Agency: Seal Beach Redevelopment Agency Project Area: Riverfront Project Area Reconciliation Sheet Description of Adjustment a e and line: Amount Pg 1 Increase LM Housing Obligation based upon computation of total increment Line 3 required for non pass through indebtedness. $ 937,263 Pg 1 Increase tax collection charge obligation based upon computation of total increment Line 4 required for non pass through indebtedness. $ 122,605 Pg 1 Report SERAFobligation for fiscal year 2009 -10. As AB 26 allowed borrowing fi Line 5 Low and Moderate Housing and other funds and declared such to be indebtedness. $ 1,231,342 Pg 1 Line 6 Adjust SERAF from prior year Form A to amount actually paid. $ 248 Pg 1 Line 7 Report loan from City in connection with BCP Settlement. $ 1,346,795 Pg 1 Line 8 Report capital improvement lease obligations. $ 81,463 Pg 2 Line 1 Administrative char es incurred in connection with indebtedness. $ 12,106 Pg 2 Report SERAFpayment for fiscal year 2010 -11. As AB 26 allowed borrowing from Line 2 Low and Moderate Housing and other funds and declared such to be indebtedness. $ 253,512 Pg 2 Line 3 Report transfer to project fund to provide monies to accomplish projects. $ 467,987 Pg Line Pg Line Pg Line Pg Line Pg Line Pg Line Pg Line Pg Line Pg Line Pg Line Pg Line Pg Line Pg Line Grand Total $ 4,453,321 Step 1 - Determine Pass Through Rates Entity & Set -Aside Rates % Share Net % Share Rate developed utilizing the Collection charges of County 0.97% 100.00% 0.97% (a.) ratio of current payments to gross tax increment. Low & Moderate Set -Aside 20.00% N/A 20.00% (h.) Total Rate ° 20.97 /0 20.97% (;.) Step 2 - Compute Total Debt Non - Pass Through Debt: Bonds $ 7,195,382 Other Obligations Form B Debt - After June 30th 2,890,803 Total Non - Pass Through Debt 1,160,336 Available Revenue $ 11,246,521 Net Non - Pass Through Debt (1,478,502) Reciprocal (100% minus-combined rate) 9,768,019 (j.) Computed Total Debt 79.03% (100% less Q.)) $ 12,359,887 (k.) Ste 3 - Compute Pass Throu hs & L &M Set -Aside Net Share % times Computed Total Debt) Net Non - Pass Through Debt $ 9,768,019 (j.) Collection charges of County 119,891 (k.) times (a.) Low and Moderate Housing Set -Aside 2,471,977 (k.) times (h.) Total Computed Net Debt $ 12,359,887 Proof: Received Tax Increment Equal to Computed Total Debt $ 12,359,887 Set -Aside - 20% (2,471,977) Collection charges of County (119,891) Remainder to cover non pass through and L & M debt outstanding $ 9,768,019 Total Net Non - Pass Through Debt Outstanding $ (9,768,019) Difference $ - SEAL BEACH REDEVELOPMENT AGENCY HOUSING ACTIVITIES REPORT LOW- AND - MODERATE INCOME HOUSING FUND Health & Safety Code Section 33080.1 c The annual report must address specific question regarding the Agency's Activities affecting housing and displacement and the use of low -and moderate incoming housing funds (HCD Schedule A -C) Attachment C -4 CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT REDEVELOPMENT AGENCY ANNUAL HOUSING ACTIVITY REPORT FY ENDING U 6 / 30 / 2 D 1\ A ency Name and Address: County of Jurisdiction: C' T, / D -c- se i ek--. 0 Y , a ne 09 a ll 8' 6+V -eeJ- Did the At6 ncy pay SERAF from LMIHF? C c1 D �- 4-D ❑ Yes No Health & Safety Code Section 33080.1 requires agencies (RDAs) to annually report on their Low & Moderate Income Housing Fund and housing activities for the Department of Housing and Community Development (HCD), to report on RDAs' activities in accordance with Section 33080.6. Please answer each question below. Your answers determine how to complete the HCD report. 1. Check one of the items below to identify the Agency's status at the end of the reporting period: ❑ New (Agency formation occurred during reporting year No financial transactions were completed). Active (Financial and/or housing transactions occurred during the reporting year) Inactive (No financial and/or housing transactions occurred during the reporting year) ONLY COMPLETE ITEM 7 ❑ Dismantled (Agency adopted an ordinance and dissolved itself before start of reporting year). ONLY COMPLETE ITEM 7 2. During reporting vear, how many adopted project areas existed? \ Of these, how many were merged during year ?" If the agency has one or more adopted project areas complete SCHEDULE HCD -A for each project area If the agency has no adopted project areas DO NOT complete SCHEDULE HCD -A (refer to next question) 3. Within an area outside of any adopted project area(s): (a) did the agency destroy or remove any dwelling units or displace any households over the reporting period, (b) does the agency intend to displace any households over the next reporting period, (c) did the agency permit the sale of any owner - occupied unit prior to the expiration of land use controls over the reporting period, and/or (d) did the agency execute a contract or agreement for the construction of any affordable units over the next two years? ❑ Yes (any question). Complete SCHEDULE HCD -B. W No (all questions). DO NOT complete SCHEDULE HCD -B (refer to next question). 4. Did the agency's Low & Moderate Income Housing Fund have any assets during the reporting period? Yes. Complete SCHEDULE HCD -C. ❑ No. DO NOT complete SCHEDULE HCD -C. 5. During the reporting period, were housing units completed within a project area and/or assisted by the agency outside a proiect area ❑ Yes. Complete all applicable HCD SCHEDULES D1 -D7 for each housine project completed and HCD SCHEDULE E. © No. DO NOT complete HCD SCHEDULES D1 -D7 or HCD SCHEDULE E. 6. Specify whether method A and/or B was used to report financial and housing activity information to HCD: ❑ A. Forms. All required HCD SCHEDULES A B C D1 -D7 and E are attached. ® B. On -line (http: w //ww.hcdca.gov /rd4 "Lock Report" date: 1 1 " 3 D `ZU 11 . HCD SCHEDULES not required (lock date is shown under `Admin "Area and "Report Change History') 7. To the best of my knowledge: (a) the representations made above and (b agency info ation reported are correct. II1?0/ U Date Signature of Authorized Agency kepresentative pry 5 :5'ra v. ('�, �y M a �u�✓'� � �p¢� � Df Title S & Z — 43 1 - Z 5 '2 Telephone Number • IF NOT REOUIRED TO REPORT, SUBMIT ONLYA PAPER COPY OF THIS PAGE. • IF REQUIRED TO REPORT, AND REPORTING BY USING PAPER FORMS (IN PLACE OF REPORTING ON- LINE), SUBMIT THIS PAGE AND ALL APPLICABLE HCD FORMS (SCHEDULES A -E) WITH COPY OF AGENCY'S AUDIT. • IFREPORTING ON -LINE, PRINTAND SUBMIT "CONFIRMA TIONLETTER " UPON LOCKING REPORT • MAIL A COPY OF (a) CONFIRMATIONLETTER (IF HCD REPORT WAS ELECTRONICALLY FILED) OR (b) COMPLETED FORMS AND (c) AUDIT REPORT TO BOTH HCD AND THE SCO: Department of Housing & Community Development Division of Housing Policy Redevelopment Section 1800 3 Street, Suite 430 Sacramento, CA 95814 The State Controller Division of Accounting and Reporting Local Government Reporting Section 3301 C Street: Suite 500 Sacramento, CA 95816 Redevelopment Agency Annual Report - Fiscal Year 2010 -2011 (Revised: 7- 22 -11) HCD -Cover Page I of 1 RDA Reporting System - Confirmation Page 1 of 1 Confirmation of Redevelopment Agency On -Line Filing of Annual HCD Report FY: Fiscal Year: 2010/2011 FM: Redevelopment Agency: SEAL BEACH Agency Administrator: Alayna Hoang Date: 11/30/2011 Time: 02.57 pm TO: State Controller Division of Accounting and Reporting Local Government Reporting Section P.O.Box. 942850 Sacramento, CA 94250 This notice is automatically generated by HCD's On -Line Reporting System. The purpose is to file with the State Controller's Office verification the redevelopment agency has complied with Health and Safety Code (H &SC) Section 33080(a) and submitted the annual HCD report required by H &SC Section 33080.1. HCD Notification: For the Fiscal Year 2009 -2010 Supplemental Education Revenue Augmentation Fund (SERAF) payment, the agency: Did use revenue /funds that reduced the amount available to the Housing Fund R" Did not use revenue /funds that reduced the amount available to the Housing Fund To the best of my knowledge the representations made above and the agency information reported are correct. UI�c� Date Signature of Authorized Agen Representative 5& 2- -Lt 3 \- 7.5 2 ' - ) eYc 1 V Telephone Number A ss - 6 — lJ;. -ez- - d� Title 1•r https://sswl.hcd.ca.gov/RDA/showLockLetterjsp 11/30/2011 Expenses Subsidies Total California Redevelopment Agencies - Fiscal Year 201012011 $242,472 $242,472 Status of Low and Moderate Income Housing Funds Sch C Agency Financial Summary SEAL BEACH Adjusted Project Agency Net Other Total * Unen- Unen- Unen- Beginning Area Other Total Resources Housing Housing Encum- cumbered cumbered cumbered Balance Receipts Revenue Expenses Availab Fu F u ndA ssets br Balan Designate Not $1,158,937 $438,241 $0 $242,472 $1,354,706 $1,957,603 $3,312,309 $0 $1,354,706 $0 $1,354,706 Expenses Subsidies Total 201012011 $242,472 $242,472 *The Unencumbered Balance is equal to Net Resources Available minus Encumbrances Note: Print this report in Landscape Orientation (Use the Print Icon just above, then Properties then Landscape) Page 1 of 1 11/28/11 California Redevelopment Agencies - Fiscal Year 201012011 Status of Low and Moderate Income Housing Funds Sch C Agency Financial and Program Detail SEAL BEACH Beginning Balance Adjustment to Beginning Balance Adjusted Beginning Balance Total Tax Increment From PAW $445,677 Total Receipts from PA(s) Other Revenues not reported on Schedule A Sum of Beginning Balance and Revenues $1,249,227 - $90,290 $1,158,937 $438,241 $0 $1,597,178 Expenditure Item Subsidies from the LMIHF Other Subitem Subtotal of Subsidies from the LMIHF Total Expenditures Amount Remark $242,472 Housing Rebab Grants $242,472 $242,472 Net Resources Available $1,354,706 Indebtedness For Setasides Deferred $0 Other Housing Fund Assets Category Amount Remark ERAF Total Receivable $0 Loan Receivable for Housing Activities $1,957,603 Total Other Housing Fund Assets $1,957,603 Total Fund Equity $3,312,309 200612007 $610409 200712008 $483395 sum of 4 Previous Years' Tax Prior Year Ending Excess Surplus for 200812009 $484743 Increment for 201012011 Unencumbered Balance 201012011 200912010 $446878 $2025425 $1,249,227 $0 Sum of Current and 3 Previous Years' Tax Increments $1,860,693 Adjusted Balance $1,354,706 Excess Surplus for next year $0 Net Resources Available $1,354,706 Page 1 of 2 11128111 California Redevelopment Agencies - Fiscal Year 2010/2011 Status of Low and Moderate Income Housing Funds Sch C Agency Financial and Program Detail SEAL BEACH Unencumbered Designated $0 Unencumbered Undesignated $1,354,706 Total Encumbrances $0 Unencumbered Balance $1,354,706 Unencumbered Balance Adjusted for Debt Proceeds $0 Unencumbered Balance Adjusted for Land Sales $0 Excess Surplus Expenditure Plan No Excess Surplus Plan Adoption Date Site Improvement Activities Benefiting Households Income Level Low Very Low Moderate Total Land Held for Future Development Site Name Num Of Zonin Purchase Estimated Acres Date Start Date Remark Use of the Housing Fund to Assist Mortgagors Income Adjustment Factors I I Requirements Completed Home I s Hope I $ Non Housing Redevelopment Funds Usage Resource Needs LMIHF DepositsMithdrawis Document Document Custodian Custodian COPV Name Date Name Phone Source Achievements Description Page 2 of 2 11/28/11 California Redevelopment Agencies- Fiscal Year 201012011 Project Area Contributions to Low and Moderate Income Housing Funds Sch A ProjectArea Summary Report SEAL BEACH Amount Taxlncr. Percent Total Project Area 100% of Tax 20% Set Aside Taxincrement Amount Suspended Deposited to of Tax Repayment Other Deposited to Increment Requirement Allocated Exempted and/or Deferred Hsng Fund IncrDep Deferrals Income Housing RIVERFRONT PROJECT $2,228,383 $445,677 $445,677 $0 $0 $445,677 20.00% $0 - $7,436 $438,241 Agency Totals: $2,228,383 $445,677 $445,677 $0 $0 $445,677 20.00% $0 - $7,436 $438,241 Note: Print this report in Landscape Orientation ( Use the Print Icon just above, then Properties then Landscape) Page 1 of 1 11128111 California Redevelopment Agencies- Fiscal Year 201012011 Project Area Contributions to Low and Moderate Income Housing Fund SchA ProjectArea Financial Information Agency SEAL BEACH Address 2118th Street Sea /Beach CA 90740 ojectArea RIVERFRONT PROJECT Gross Tax Calculated Amount Amount Suspended Type: Inside Project Area Status: Active $2,228,383 $445,676.6 $445,677 $0 $0 Plan Adoption: 1969 Plan Expiration Year. 2024 Total Deferral Repayments: $0 Total Deposit to Housing Fund from Project Areas: Amount Gross Tax Calculated Amount Amount Suspended Total % Cumulative Increment Deposit Allocated Exempted and/or Deferred Deposited Def. $2,228,383 $445,677 $445,677 $0 $0 $445,677 20.00% $0 Repayment $0 Catepory Interest Income - $7,436 Total Additional Revenue - $7,436 Total Housing Fund Deposits for Project Area $438,241 Agency Totals For All Project Areas: Amount Gross Tax Calculated Amount Amount Suspended Total % Cumulative Increment Deposit Allocated Exempted and/or Deferred Deposited Def. $2,228,383 $445,676.6 $445,677 $0 $0 $445,677 20% $0 TotalAdditiona ►Revenue from ProjectAreas: - $7,436 Total Deferral Repayments: $0 Total Deposit to Housing Fund from Project Areas: $438,241 Page 1 of 1 11/28/11 California Redevelopment Agencies - Fiscal Year 201012011 Sch D General Project Information SEAL BEACH ProjectArea Name: RIVERFRONT PROJECT Project Name: SEAL BEACH TRAILER PARK Address: SEAL BEACH 92740 Owner Name: SEAL BEACH SHORE INC. UNITINVENTORY --------- '- '- - - - - -- - - -- Other Provided with LM1HF Unit Mobilehome Owner, Resident Von- Agency Owner Non - Elderly Unit Total Very Low Low Moderate Above Mod Became Total Ineligible 35 0 75 0 15 110 35 0 75 0 15 110 Page 1 of 1 11128/11 SCHEDULE HCD E CALCULATION OF INCREASE IN AGENCY'S INCLUSIONARY OBLIGATION FOR ACTIVITIES (This Form is Information Only. Actual Obligation is based on Implementation Plan) Report Year: 2010/2011 Agency: SEAL BEACH NOTE: This form is a summary of the totals of all new construction or substantial rehabilitation units from forms HCD -D7 which are developed in a project area by any entity (agency or non - agency). PART [H & SC Section 33413(b)(1)] AGENCY DEVELOPED 1. New Units 0 2. Substantially Rehabilitated Units 0 3. Subtotal - Baseline of Units (add line 1 & 2) 0 4. Subtotal of Inclusionary Obligation Accrued this Year for Units (line 3 x30 %) 0 5. Subtotal of InclusionaryObligation Accrued this year for Ve r)Low Inc ome Units (line 4 x50 %) 0 PART II [H & SC Section 33413(b)(2)] NON - AGENCY DEVELOPED UNITS 6. New Units 0 7. Substantially Rehabilitated Units 0 8. Subtotal - Baseline of Units (add lines 6 & 7) 0 9. Subtotal of Inclusionary Obligation Accrued this year for Units (line 8 x 15 %) 0 10. Subtotal of Inclusionary Obligation Accrued this year for Very Low Income Units (line 9 x40 %) 0 PART III TOTALS 11. Total Increase in InclusionaryObligations During This Fiscal Year (add line 4 & 9) 0 12. Total Increase in Very Low Income Units InclusionaryObligations During This Fiscal Year (add line 5 & 10) 0 CelftriaRedavelapawdAgencies - FiscalYear 201012011 Schedule E (11101) 'Trials maybe impacted byra ding 11/28/2011 Page 1 of 1 SCHEDULE HCD E1 CALCULATION OF INCREASE IN AGENCY'S INCLUS/ONARY OBLIGATION FOR ACTIVITIES (This Form is Information Only. Actual Obligation is based on Implementation Plan) Report Year: 2010/2011 Agency: SEAL BEACH Project Area: R/VERFRONT PROJECT Project: SEAL BEACH TRAILER PARK NOTE: This form is a summary of the totals of all new construction or substantial rehabilitation units from forms HCD -D7 which are developed in a project area by any entity (agency or non - agency). PART [H & SC Section 33413(b)(1)] AGENCY DEVELOPED 1. New Units 0 2. Substantially Rehabilitated Units 0 3. Subtotal - Baseline of Units (add line 1 & 2) 0 4. Subtotal of Ind usi onary ObligatonAccrued this Year for Units (line 3 x30 %) 0 5. Subtotal of InclusionaryObligation Accrued this year for Ve -Low Inc ome Units (line 4 x50 %) 0 PART II [H & SC Section 33413(b)(2)] NON - AGENCY DEVELOPED UNITS 6. New Units 0 7. Substantially Rehabilitated Units 0 8. Subtotal - Baseline of Units (add lines 6 & 7) 0 9. Subtotal of InclusionaryObligation Accrued this year for Units (line 8 x 15 %) 0 10. Subtotal of InclusionryObligation Accrued this year for Very Low Income Units (line 9 x40 %) 0 PART III TOTALS 11. Total Increase in InclusionaryObligations During This Fiscal Year (add line 4 & 9) I 0 12. Total Increase in Very Low Income Units Inclusionary Oblig dons During This Fiscal Year (add line 5 & 10) 0 California RedaWaixnent Agencies - Fiscal Year 2M(1=1 11/28/2011 SchedWe E (11/01) *Totals rreybe inpacted by rouging Page 1 of 1 SEAL BEACH REDEVELOPMENT AGENCY BLIGHT PROGRESS REPORT Health & Safety Code Section 33080.1 d The Agency has made progress in eliminating blight through improvements in the Seal Beach Shores trailer park and the Home Improvement Program as outlined the Housing Report. Attachment C -5 SEAL BEACH REDEVELOPMENT AGENCY LOAN REPORT Health & Safety Code Section 33080.1 e There are no loans in default in excess of $50,000, and all loans are in compliance. Attachment C -6 SEAL REACH REDEVELOPMENT AGENCY PROPERTY OWNERSHIP REPORT Health & Safety Code Section 33080.1 f The Agency owns two parcels of land along Adolfo Lopez Road: 1) APN 095 -01- 62 occupied by the Police Department and the City yard, and 2) APN 095 -01 -60 a vacant parcel at the end of the cul -de -sac. Bother parcels were acquired in the 1970's, and there are no present plans to sell the property. Attachment C -7 SEAL BEACH REDEVELOPMENT AGENCY EMINENT DOMAIN & TIME LIMITS REPORT Health & Safety Code Section 33080.1g 33080.1 g(1)The Redevelopment Agency never had eminent domain authority. 33080.1 g(2) — On March 7, 2011, the Agency adopted Ordinance 1605 which eliminated the time limits to establish loans, advances and indebtedness. 33080.1 g(3) — The effectiveness of the original Plan Area expires March 3, 2012, and the effectiveness of the amended Plan Area expires March 3, 2017. 33080.1 g(4) The time limits to repay debt expire on March 3, 2022 for original Plan Area, and March 3, 2027 for the amended Plan Area. Attachment C -8 SEAL BEACH REDEVELOPMENT AGENCY ADDITIONAL ACTIVITIES /INFORMATION Health & Safety Code Section 33080.1 h The City of Seal Beach is a Charter City that incorporated 1915. As shown in the table below, Seal Beach has a wide range of land uses, with a Project Area that covers less than 3% of the overall City. General Plan Land Use Acreage % of Total Residential 1,026 14.4% Commercial 159 2.2% Industrial 172 2.4% Open Space 1,220 17.1% Parks 65 0.9% Schools 15 0.2% Community Facilities 62 0.9% Military (excluding Wildlife Refuge) 4,336 60.8% Beach 80 1.1% City Total 7,135 100.0% Riverfront Redevelopment Project Area 195 2.7% Attachment C -9 ATTACHMENT "D" AUDITOR'S MANAGEMENT LETTER TO THE CITY COUNCIL (SAS112) FOR THE YEAR ENDED JUNE 30, 2011 CERTIFIED PUBLIC ACCOUNTANTS • Brandon W. Burrows, CPA • David E. Hale, CPA, CFP A Professional Corporation • Donald G. Slater, CPA • Richard K. Kikuchi, CPA • Susan F. Matz, CPA • Shelly K. Jackley, CPA • Bryan S. Gruber, CPA REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS To the Honorable Mayor and Members of the City Council City of Seal Beach, California We have audited the financial statements of the governmental activities, the business -type activities, each major fund, and the aggregate remaining fund information of the City of Seal Beach, California, (the City) as of and for the year ended June 30, 2011, which collectively comprise the City's basic financial statements and have issued our report thereon dated October 31, 2011. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Internal Control Over Financial Reporting In planning and performing our audit, we considered the City's internal control over financial reporting as a basis for designing our auditing procedures for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the City's internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the City's internal control over financial reporting. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control such that there is a reasonable possibility that a material misstatement of the City's financial statements will not be prevented, or detected and corrected on a timely basis. Our consideration of internal control over financial reporting was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over financial reporting that might be deficiencies, significant deficiencies or material weaknesses. We did not identify any deficiencies in internal control over financial reporting that we consider to be material weaknesses, as defined above. Lance, Soil & Longhard, LLP 203 North Brea Boulevard • Suite 203 a Brea, CA 92821 • TEL: 714.672.0022 - Fax: 714.672.0331 www.lslcpas.com 41185 Golden Gate Circle • Suite 103 • Murrieta, CA 92562 • TEL: 951.304.2728 • Fax: 951.304.3940 LSE 00 CERTIFIED PUBLIC ACCOUNTANTS To the Honorable Mayor and Members of the City Council City of Seal Beach, California Compliance and Other Matters As part of obtaining reasonable assurance about whether the City's financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. Such provisions included those provisions of laws and regulations identified in the Guidelines for Compliance Audits of California Redevelopment Agencies, issued by the State Controller and as interpreted in the Suggested Auditing Procedures for Accomplishing Compliance Audits of California Redevelopment Agencies, issued by the Governmental Accounting and Auditing Committee of the California Society of Certified Public Accountants. However, providing an opinion on compliance with those provisions was not an objective of our audit and, accordingly, we do not express such an opinion. The results of our tests disclosed instances of noncompliance that is required to be reported under Government Auditing Standards issued by the Comptroller General of the United States and under the Guidelines for Compliance Audits of California Redevelopment Agencies, issued by the State Controller as follows: Annual Reports In accordance with the California Health and Safety Code Section 33080.1, the Agency is required to produce and present an annual report (due six months following the end of the Agency's fiscal year to date) to the State Controllers' Office and the Agency's legislative body. For fiscal year end June 30, 2010, the Agency did not submit the following reports to the State Controller's Office or the Agency's legislative body: 1. State Controller's Report 2. A description of the agency's progress, including specific actions and expenditures, in alleviating blight in the previous fiscal year. 3. List of Expiration of Time Limits, including a. The time limit for commencement for eminent domain proceedings to acquire property within the project area. b. The time limit for the establishment of loans, advances and indebtedness to finance the redevelopment project. c. The time limit for the effectiveness of the redevelopment plan. d. The time limit to repay the indebtedness with the proceeds of property taxes. Management Response: This has been corrected and the City took action and filed the report with the board on October 10, 2011, at the Redevelopment Agency meeting. Five -Year Implementation Plan On or before December 31, 1994, and each five years thereafter, Health and Safety Code Section 33490 requires that each agency that has adopted a redevelopment plan prior to December 31, 1993, to adopt, after a public hearing, an implementation plan that shall contain the specific goals and objectives of the agency for the project area, the specific programs, including potential projects, and estimated expenditures proposed to be made during the next five years, and an explanation of how the goals and objectives, programs and expenditures proposed to be made during the next five year, and an explanation of how the goals and objectives, programs and expenditures will eliminate blight within the project area and implement the requirements of Section 33333.10, if applicable, and Sections 33334.2, 33334.4, 33334.6 and 33413. The implementation plan related to the fiscal periods 2009 -2010 through 2013 -2014 was not adopted within the time frame, but adopted on June 13, 2011. ooao 0Goo 00 CERTIFIED PUBLIC ACCOUNTANTS To the Honorable Mayor and Members of the City Council City of Seal Beach, California Management Response: This has been corrected and the City took corrective action by adopting the five -year implementation plan on June 13, 2011. We did not audit the City's responses to the findings described above and, accordingly, we express no opinion on it. This report is intended solely for the information and use of management, the City Council, and federal awarding agencies, and is not intended to be and should not be used by anyone other than these specified parties. 4 �� 4P i Brea, California October 31, 2011 ATTACHMENT "E„ AUDIT COMMUNICATION LETTER FOR THE YEAR ENDED JUNE 30, 2011 (Note from staff. No material adjustment required) 41 CERTIFIED PUBLIC ACCOUNTANTS • Brandon W. Burrows, CPA • David E. Hale, CPA, CFP A Professional Corporation • Donald G. Slater, CPA • Richard K. Kikuchi, CPA • Susan F. Matz, CPA • Shelly K. Jackley, CPA • Bryan S. Gruber, CPA October 31, 2011 To the Honorable Mayor and Members of the City Council City of Seal Beach, California We have audited the financial statements of the governmental activities, the business -type activities, each major fund, and the aggregate remaining fund information of the City of Seal Beach (the City) for the year ended June 30, 2011, and have issued our report thereon dated October 31, 2011. Professional standards require that we provide you with the following information related to our audit. Our Responsibilities under U.S. Generally Accepted Auditing Standards and Government Auditing Standards Our responsibility, as described by professional standards, is to express opinions about whether the financial statements are fairly presented, in all material respects, in conformity with U.S. generally accepted accounting principles. Our audit of the financial statements does not relieve you or management of your responsibilities. In planning and performing our audit, we considered the City's internal control over financial reporting in order to determine our auditing procedures for the purpose of expressing our opinions on the financial statements and not to provide assurance on the internal control over financial reporting. Significant deficiencies in such controls, if any, have been communicated to you by a separate letter. As part of obtaining reasonable assurance about whether the City's financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and. grants, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit. While our audit provides a reasonable basis for our opinion, it does not provide a legal determination on the City's compliance with those requirements. Again, instances of non - compliance with provisions of laws, regulations, contracts and grants noted by us, if any, have been communicated to you by a separate letter. Planned Scope and Timinq of the Audit We conducted our audit in accordance with generally accepted auditing standards. Those standards require that we obtain reasonable rather than absolute assurance about whether the financial statements are free of material misstatement, whether caused by error or fraud. Accordingly, a material misstatement may remain undetected. Also, an audit is not designed to detect error or fraud that is immaterial to the financial statements. During the audit, we obtained an understanding of the entity and its environment, including its internal control, sufficient to assess the risks of material misstatement of the financial statements and to design the nature, timing, and extent of further audit procedures. An audit is not designed to provide assurance on internal control or to identify significant deficiencies. Significant deficiencies in such controls, if any, have been communicated to you by a separate letter. Lance, Sol] & Lunghard, UP 203 North Brea Boulevard • Suite 203 • Brea, CA 92821 • TEL: 714.672.0022 • Fax: 714.672.0331 www.lslcpas.com 41185 Golden Gate Circle • Suite 103 • Murrieta, CA 92562 • TEL: 951.304.2728 • Fax: 951.304.3940 LS E 000 v ©o om CERTIFIED PUBLIC ACCOUNTANTS Honorable Mayor and Members of City Council City of Seal Beach Page 2 Our audit has been performed in phases which consisted of interim contact(s) during the fiscal year and a year -end contact which occurred after the fiscal year -end. Had we noted any significant matters related to the financial statement audit that were, in our professional judgment, relevant to the responsibilities of those charged with governance in overseeing the financial reporting process, we would have communicated those in a separate letter. We did not note any such matters. Generally accepted auditing standards do not require us to design procedures for the purpose of identifying other matters to communicate with those charged with governance. Significant Accounting Policies Management is responsible for the selection and use of appropriate accounting policies. In accordance with the terms of our engagement, we will advise management about the appropriateness of accounting policies and their application. The significant accounting policies used by the City are described in the notes to the financial statements. No new accounting policies were adopted and the application of existing policies was not changed during the year ended June 30, 2011. We noted no transactions entered into by the City during the year for which there is a lack of authoritative guidance or consensus. All significant transactions have been recognized in the financial statements in the proper period. Accounting Estimates Accounting estimates are an integral part of the financial statements prepared by management and are based on management's knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. Where applicable, the City utilized accounting estimates for depreciation on City assets, amortization of bond related issuance costs, premiums /discounts and gains /losses on bond defeasance and for reporting incurred but not reported amounts relating to the liability for claims and judgments. The methodology used during this audit is consistent with that of prior years. We evaluated the key factors and assumptions used to develop these estimates in determining that they are reasonable in relation to the financial statements taken as a whole. Financial Statements Disclosure Certain financial statement disclosures are particularly sensitive because of their significance to financial statement users. The disclosures in the financial statements are neutral, consistent, and clear. Difficulties Encountered in Performing the Audit We encountered no significant difficulties in dealing with management in performing and completing our audit. Corrected and Uncorrected Misstatements Professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that are trivial, and communicate them to the appropriate level of management. Management has corrected all such misstatements. In addition, none of the misstatements detected as a result of audit procedures and corrected by management were material, either individually or in the aggregate, to the financial statements taken as a whole. oaoo oaoo 00 CERTIFIED PUBLIC ACCDUNTAN75 Honorable Mayor and Members of City Council City of Seal Beach Page 3 Disagreements with Management For purposes of this letter, professional standards define a disagreement with management as a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditor's report. We are pleased to report that no such disagreements arose during the course of our audit. Management Representations We have requested certain representations from management that are included in the management representation letter dated October 31, 2011. Management Consultations with Other Independent Accountants In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to obtaining a "second opinion" on certain situations. If a consultation involves application of an accounting principle to the governmental unit's financial statements or a determination of the type of auditor's opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consultations with other accountants. Other Audit Findings or Issues We generally discuss a variety of matters, including the application of accounting principles and auditing standards, with management each year prior to retention as the governmental unit's auditors. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our retention. Other Communications The City implemented, when applicable, the following new Governmental Accounting Standards Board (GASB) pronouncements, which were effective for fiscal year 2010 -2011 audits: GASB Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions Redevelopment Agency Compliance Annual Reporting In July, 2011, the State Controller's Office released Guidelines for Compliance Audits of California Redevelopment Agencies, 2011. In accordance with Health and Safety Code Section 33080. 1, the Agency is required to submit an annual report to the governing body and the State Controller's Office by December 31 of each year. The annual report is required to contain the following information: a. Independent financial audit report b. Fiscal statement c. Blight report d. Loan report e. Property report f. List of the year the Agency expects various time limits to expire g. Other information the Agency believes is useful, including, but not limited to, the number of jobs created and lost in the previous fiscal year h. Housing and Community Development Report aao0 000a ©o CERTIFIED PUBLIC ACCQURTAMTB Honorable Mayor and Members of City Council City of Seal Beach Page 4 The only reports that have a prescribed format are the independent financial audit report and the Housing and Community Development Report. Based on our test of compliance, we believe the remaining components of the annual report have been satisfied through the submission of a combination of other reports. However, as a result of a recent audit of 18 redevelopment agencies by the State Controller's Office, findings were cited under this section of the Health & Safety Code. As a result, we recommend the Agency complete separate reports to more thoroughly document compliance with this section of the Health & Safety Code. Low and Moderate Income Housing Fund Budget In accordance with the California Health and Safety Code Section 33606, the Agency is required to adopt an annual budget containing an examination of the previous year's achievements and a comparison of the achievements with the goals of the previous year's work program. This examination and comparison was not included in the Agency's budget for fiscal year end 6/30/2011. This information is intended solely for the use of the members of the City Council or individual(s) charged with governance and management of the City, and is not intended to be and should not be used by anyone other than these specified parties. Very truly yours, i Audit Difference Evaluation Form Name of Governmental Unit: City of Seal Beach Date of Combined Balance Sheet: June 30, 2011 Opinion Unit, Fund Type or Fund: All Funds Instructions This form should be used to accumulate known audit differences by opinion unit, fund type or fund detected by non - sampling substantive tests (including differences in accounting estimates) and projected audit differences from substantive tests that used sampling. The current year effect of prior year uncorrected audit differences should also be summarized at the bottom of the form. This form should not include normal closing entries. At the end of the audit, the auditor should evaluate all uncorrected audit differences individually and in the aggregate, in the context of individual opinion and conclude whether they materially misstate the financial statement of an opinion unit. Thus, a separate Audit Difference Evaluation Form should be maintained for each opinion unit, fund type or fund. Description (Nature) Workpaper of Audit Difference Cause Ref. Amount None $ - Total - Less Audit Adjustments Subsequently Booked Net Unadjusted Audit Differences - this year' - Effect of Net Unadjusted Audit Difference - prior year Net Audit Differences $ - ATTACHMENT "F APPROPRIATIONS LIMIT AGREED UPON PROCEDURES li • THE YEAR ENDED JUNE 30, 2011 o 0000 00 OOO CERTIFIED PUBLIC ACCOUNTANTS • Brandon W. Burrows, CPA • David E. Hale, CPA, CFP A Professional Corporation • Donald G. Slater, CPA • Richard K. Kikuchi, CPA • Susan F. Matz, CPA • Shelly K. Jackley, CPA • Bryan S. Gruber, CPA INDEPENDENT ACCOUNTANTS' REPORT ON AGREED -UPON PROCEDURES APPLIED TO APPROPRIATIONS LIMIT WORKSHEETS To the Honorable Mayor and Members of the City Council City of Seal Beach, California We have performed the procedures enumerated below to the accompanying Appropriations Limit Worksheet No. 6 (or other alternative computation) of the City of Seal Beach, California, for the year ended June 30, 2011. These procedures, which were agreed to by the City of Seal Beach, California, and the League of California Cities (as presented in the publication entitled Agreed -Upon Procedures Applied to the Appropriations Limitation Prescribed by Article XIII -B of the California Constitution), were performed solely to assist the City of Seal Beach, California, in meeting the requirements of Section 1.5 of Article XIII -B of the California Constitution. The City of Seal Beach's management is responsible for the Appropriations Limit Worksheet No. 6 (or other alternative computation). This agreed -upon procedures engagement was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. The sufficiency of these procedures is solely the responsibility of those parties specified in this report. Consequently, we make no representation regarding the sufficiency of the procedures described below, either for the purpose for which this report has been requested, or for any other purpose. The procedures performed and our findings were as follows: We obtained the completed Worksheets No. 1 through No. 7 (or other alternative computations) and compared the limit and annual adjustment factors included in those worksheets to the limit and annual adjustment factors that were adopted by resolution of the City Council. We also compared the population and inflation options included in the aforementioned worksheets to those that were selected by a recorded vote of the City Council. Finding: No exceptions were noted as a result of our procedures. 2. For the accompanying Appropriations Limit Worksheet No. 6, we multiplied line A, last year's limit, by line D, ratio of change, and agreed the resulting amount to line E, this year's limit. Finding: No exceptions were noted as a result of our procedures. 3. We compared the current year information presented in the accompanying Appropriations Limit Worksheet No. 6 to the other worksheets described in No. 1 above. Finding: No exceptions were noted as a result of our procedures. 4. We compared the prior year appropriations limit presented in the accompanying Appropriations Limit Worksheet No. 6 to the prior year appropriations limit adopted by the City Council for the prior year. Finding: No exceptions were noted as a result of our procedures. Lance, Sall & Lunghard, LLP 203 North Brea Boulevard - Suite 203 - Brea, CA 92821 - TEL: 714.672.0022 - Fax: 714.672.0331 www.ls[cpas.com 41185 Golden Gate Circle • Suite 103 - Murrieta, CA 92562 • TEL: 951.304.2728 - Fax: 951.304.3940 CERTIFIED PUBLIC ACCOUNTANTS To the Honorable Mayor and Members of the City Council City of Seal Beach, California Page 2 We were not engaged to, and did not, perform an audit, the objective of which would be the expression of an opinion on the accompanying Appropriations Limit Worksheet No. 6 (or other alternative computation). Accordingly, we do not express such an opinion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you. No procedures have been performed with respect to the determination of the appropriation limit for the base year, as defined by the League publication entitled Article XIIIB Appropriations Limitation Uniform Guidelines. This report is intended solely for the information and use of the City of Seal Beach, California, and is not intended to be, and should not be, used by anyone other than this specified party. .44 st-0 e ae za ' Vim o Brea, California July 7, 2011 CITY OF SEAL BEACH 2010 -2011 APPROPRIATIONS LIMIT CALCULATION A. 2009 -2010 APPROPRIATIONS LIMIT: $22,606,974 B. 2010 -2011 CHANGE IN PER CAPITA PERSONAL INCOME: C. 2010 -2011 CHANGE IN POPULATION: D. RATIO OF CHANGE (0.9746X 1.0101): X 0.98444347 -2.54% 1.01% E. 2010 -2011 APPROPRIATIONS LIMIT: $22.255 288 ($22,606,974 X 0.98444347) ATTACHMENT "G SEAL BEACH FINANCING AUTHORITY (SBFA) ANNUAL REPORT OF SPECIAL DISTRICTS FOR THE YEAR ENDED JUNE 30, 201 1 SPECIAL DISTRICTS FINANCIAL TRANSACTIONS REPORT COVER PAGE Entity Name: SCO Reporting Year: 2011 ID Number: Submitted by the Reporting Entity Fiscal Year Ended LAO[?50/ I I (MM /DD/YY) Gs-v yh �1_a IL Signatur � Title Name (Please P int) Date Per Government Code section 53891, this report is due within 90 days after the end of the fiscal year. If filed in electronic format, the report is due within 110 days after the end of the fiscal year. Per Government Code section 26909, a copy of the independent audit is to be filed with the Controller within 12 months after the close of the fiscal year. To File Electronically: 1. Complete all forms as necessary. 2. Transmit the completed output file using a File Transfer Protocol (FTP) program or via diskette. 3. A responsible member of the agency must sign this cover page and mail it to either address below. Report will not be considered filed until receipt of this signed cover page. To File A Paper Report: 1. Complete all forms as necessary. 2. A responsible member of the agency must sign this cover page and mail it to either address below. Mailing Address: State Controller's Office Division of Accounting and Reporting Local Government Reporting Section P. O. Box 942850 Sacramento, CA 94250 Express Mailing Address: State Controller's Office Division of Accounting and Reporting Local Government Reporting Section 3301 C Street, Suite 700 Sacramento, CA 95816 Supplement to the Annual Report of Special Districts Special District ID Number: Name of District: I 5('60 b'' k-do u -W C, Ei Inco'Ld !a ,,� t Mark the appropriate box below to indicate the ending date of your agency's fiscal year. Report data for that period only. 0 July 2010 01 October 2010 01 January 2011 0 April 2011 r ' August 2010 r December 2010 February 2011 r ` May 2011 r September 2010 March 2011 June 2011 Return this form to the California State Controller's Office. If you have any questions regarding this form please contact: U.S. Bureau of the Census, Shannon Doyle, 1- 800 -242 -4523 A. Personnel Expenditures Please report your government's total expenditures for salaries and wages during the year, including amounts paid on force account construction projects. Z00: $ B. Capital Outlay Expenditures for Enterprise Activities Please report your government's capital outlay expenditures for the following enterprise activities, if applicable: Airport Enterprise Amount Land and Equipment (Census Code GO I) $ Construction Census Code FO 1 $ Electric Enterprise Amount Land and Equipment Census Code G92 $ Construction Census Code F92 $ Harbor and Port Enterprise Amount Land and Equipment Census Code G87 $ Construction Census Code F87) $ Hospital Enterprise Amount Land and Equipment Census Code G36 $ Construction Census Code F36 $ Waste Disposal Enterprise Amount Land and Equipment Census Code G80 $ Construction (Census Code F80) $ Water Enterprise Amount Land and Equipment (Census Code G91) $ Construction Census Code F91 $ U.S. Bureau of the Census — Revised 10/2010 District Name: Special:Districts Filiaricial Trarisactioris:Report General Information Fiscal Year 2011 Mailing Address Street 1 l i cibih 5 ca:3' E] Is Address Changed? Street 2 city State CA Zip D Q Email 0V the Governing Body First Name Middle Initial Last Name Title Member ICAtae-1 I 71 Le-0+4 (� &!V I Member i Dv) I�:] Member j d I F 1 15 1 oan 6F - - Member G [ Ieru Q t✓Vl r Member I 6 I H 01 e M e l Member Member — � Member Member Other Officials First Name Middle Initial Last Name Title � - / A 11 ►3PI v tt Report Prepared By First Name Middle Initial Last Name Phone No r J Independent Auditor First Name Middle Initial Last Name Phone No 661e- a.. General Information Page 1 District Name: Special; Districts Finaftial_Tr'ansactions Report- Non - Enterprise Revenues, Expenditures, Sources and Uses Fiscal Year 2011 General and Debt Service Special Revenue Funds Funds A B Activity Capital Projects Funds C Non - Enterprise Activity E`l Gi Vl 7 1/Y 2 j Taxes and Assessments Current Secured and Unsecured (1 %) Voter Approved Taxes Property Assessments Special Assessments (Mello /Roos, Mark/Roos) Prior Year Taxes and Assessments Penalties and Cost on Delinquent Taxes and Assessments Licenses, Permits, and Franchises Fines, Forfeits, and Penalties Revenue From Use of Money and Property Interest Income Rents, Concessions and Royalties Federal Aid for Construction Other Federal State Aid for Construction State Water Project Homeowners Property Tax Relief Timber Yield Other State Other Governmental Agencies Redevelopment Pass - Through Other I I 3`f 3, L15 S Charges for Current Services Contributions From Property Owners Self Insurance Only Member Contributions Claim Adjustments — � Other Revenues Total Revenues , : � I y1_? . _ •_ -%-- ._.,_..( Expenditures Salaries and Wages Employee Benefits �— Services and Supplies Self Insurance Only - Claims Paid Revenues, Expenditures, Sources and Uses Page 1 District Name: Special -Qistricts Finani:al Tralisactons Report_`= Non = Enterprise Activity Revenues, Expenditures, Sources and Uses Fiscal Year 2011 General and Debt Service Capital Projects Special Revenue Funds Funds Funds A B C Contributions to Outside Agencies Debt Service Retirement of Long -Term Debt 1 5,30, 000 Interest on Long -Term Debt 13q 3,5, Interest on Short -Term Notes and Warrants Fixed Assets Other Expenditures .2 g I Total Expenditures Revenues Over (Under) Expenditures$3LI Financing Sources and Uses Proceeds of Long -Term Debt — � Proceeds of Refunding Debt jr '? j 0, 0Q 01 Payments to Refunded Debt Escrow Agent y Inception of Lease Purchase Agreements Other Financing Sources Other Financing Uses C Operating Transfers In ( Intra- District) I - 7q3 Ld? Operating Transfers Out (antra- District) <7q 3 j pp Total Other Financing Sources (Uses) Q Revenues /Sources Over (Under) �- .._._.._..__.--- _- - -- .�..- •- --- •---- -_.__..._..— � },� 3g Expenditures/Uses .-- Fund Equity, Beginning of Period t-- Prior Period Adjustments Residual Equity Transfers Other Fund Equity, End of Period 5 . 7 Revenues, Expenditures, Sources and Uses Page 2 District Name: Jct§+iharJ6iaV'. ransactions'- port e Special istr R." a ongblid5tio'n'.of.Fbri8�tci iihd.Tti'n'sfer Consolidation of Fund Equities and Transfers Fiscal Year 2011 General and Debt Service Capital Projects Enterprise Funds Special Revenue Funds Funds Funds Consolidation of Fund Equities Non-Enterprise Activities Enterprise Fund Equities Airport Electric Harbor and Port Hospital 17-7 Waste Disposal IT Water Total Ending Fund Equities Transfers In Transfers Out Net A B C Consolidation of Transfers In and Transfer Out General and Special Revenue Funds ... .. ............ Debt Service Funds 7 UP?. MQ-' I Capital Projects Funds L 7qT__ Enterprise Activities Airport Electric 7. T Harbor and Port Waste Disposal Water Total Consolidation of Fund Equities and Transfers Page 1 District Name: :'•' ;Special Districts :FinancialjT�arisactions Reporf:= Lorig =Term Debt General Obligation Bonds, Revenue Bonds, Certificates of Participation and Other Fiscal Year . 2011 District -wide or Improvement District/Zone improvement/Zone (If Applicable) Type of Debt Activity Purpose of Issue Nature of Revenue Pledged Percent of Pledge Year of Authorization Principal Amount Authorized Principal Amount Issued Beginning Maturity Date Ending Maturity Date L eers e- Real m w.- 6�ndS f 1 YIG� -Il1C� YtC'1 Err" �.t�71''�yYtJ�L i r✓i �..i'�'i � I�Stn -urf � r'2 S•i� - � � Qi 3a D its nj � Principal Amount Unmatured, Beginning of Fiscal Year ° Adjustments - Increase (Decrease) - � Principal Amount Issued During Fiscal Year Principal Amount Matured During Fiscal Year Ci L1� Principal Amount Defeased During Fiscal Year Principal Amount Unmatured, End of Fiscal Year 5 3�$ f)f3Q Principal Amount in Default, End of Fiscal Year Interest in Default, End of Fiscal Year Amount Held in Bond Reserve General Obligation Bonds, Revenue Bonds, Page 1 Certificates of Participation and Other District Name: Genera [:Obligation Bonds, Revenue Bonds, Certificates of Participation and'Other Fiscal Year 2011 District -wide or Improvement District/Zone improvement/Zone (If Applicable) Type of Debt Activity Purpose of Issue Nature of Revenue Pledged Percent of Pledge Year of Authorization Principal Amount Authorized Principal Amount Issued Beginning Maturity Date Ending Maturity Date Principal Amount Unmatured, Beginning of Fiscal Year Adjustments - Increase (Decrease) Principal Amount Issued During Fiscal Year Principal Amount Matured During Fiscal Year Principal Amount Defeased During Fiscal Year Principal Amount Unmatured, End of Fiscal Year Principal Amount in Default, End of Fiscal Year Interest in Default, End of Fiscal Year Amount Held in Bond Reserve P 000 2— (o �/I 2L231� N General Obligation Bonds, Revenue'Bonds, Page 1 Certificates of Paiticipation and Other I'1 � —LLB CIS District Name: ''.General Obligation Bonds Revenue Bonds, Certificates of Partibipation-and Other Fiscal Year . • ' 2011 District -wide or Improvement District/Zone improvement/Zone (If Applicable) Type of Debt Activity Purpose of Issue Nature of Revenue Pledged Percent of Pledge Year of Authorization Principal Amount Authorized Principal Amount Issued Beginning Maturity Date Ending Maturity Date [')' 'tc'.tT - JYt5 ..Cde6 f qrr- '�c/a(;} L � lJ WJ li1 W / VC 0 &71 rQf 1 ` Principal Amount Unmatured, Beginning of Fiscal Year u . � Adjustments - Increase (Decrease) Principal Amount Issued During Fiscal Year Principal Amount Matured During Fiscal Year Principal Amount Defeased During Fiscal Year Principal Amount Unmatured, End of Fiscal-Year Principal Amount in Default, End of Fiscal Year Interest in Default, End of Fiscal Year Amount Held in Bond Reserve General Obligation Bonds, Revenue Bonds, Page 1 Certificates of Participation and Other District Name: NF 'ecial Districts `�Fiiiaricial�Tra'nsa`cfiiorisRe ort;- aConsolidatedBal'ance Sheet _ - r : ,�:.. ._...._.....,. z.._.. .._...._,..,,,....,�.,._px..._. _ ._..... ,.. ,...._. •_ .............._,_....._...._... __.._ ,....... ... Assets General and Debt Capital General General Total Fiscal Year 2011 Special Service Projects Enterprise Fixed Long -Term Memorandum Revenue Funds Funds Funds Funds Assets Debt Only Assets Cash and Cash Equivalents Taxes Receivable Interest Receivable Accounts Receivable Loans, Notes, and Contracts Receivable Due from Other Funds Inventory of Materials and Supplies Other Current Assets Lease Payments Receivable Unearned Finance Charges Investments Restricted Assets Deferred Charges Unamortized Discount on Long -Term Debt Other Assets Fixed Assets Land Buildings and Improvements Equipment Construction in Progress Total Fixed Assets Accumulated Depreciation Net Fixed Assets Other Debits Amount Available in Debt Service Funds Amount to be Provided Total Assets i ��y.:✓` -.p 9 tiS ' a'� ,'c'' °� * - ------ - ........7� •:s�•�- :� ='x�:� '•;r.:i7 -:.' ': t '��iF?` rt1�� - � �I f•,:' ... ij.' ',. [UO0-...J)7 Assets Page 1 9 i '555 000 1 . •. .. »M ,,, _�; ,• »,.. :s•-,-'- - - • � • :- - , .tt;f. �f.°a�• _ f -If nr ..' ° . .!'s {; — ... vy _ •• _ — / i ��y.:✓` -.p 9 tiS ' a'� ,'c'' °� * - ------ - ........7� •:s�•�- :� ='x�:� '•;r.:i7 -:.' ': t '��iF?` rt1�� - � �I f•,:' ... ij.' ',. [UO0-...J)7 Assets Page 1 . .. ... .. ...... . .. .. ........... . ...... .... . .. ...... N Fiscal Year 2011 General and Debt Special Service Revenue Funds Funds trict Name: . .. . ..... . ....... ........ "R bAb Liabilities and Equity Capital Projects Enterprise Funds Funds inn Balance... . ....... . .. .... . ......... General General Total Fixed Long-Term Memorandum Assets Debt Only L iabilities and Equity Accounts/Warrants Payable Loans and Notes Payable Interest Payable - Matured/Accrued Other Current Liabilities Compensated Absences Payable Due to Other Governments Due to Other Funds Long-Term Debt General Obligation Bonds Revenue Bonds Certificates of Participation Special Assessment Federal State Time Warrants Other Long-Term Indebtedness Unamortized Premium on Long Term Debt Advances for Construction Deferred Revenue All Other Non-Current Liabilities Total Liabilities Fund Equity Contributed Capital Investments in General Fixed Assets Retained Earnings Reserved Unreserved Fund Balances Reserved Unreserved Designated Unreserved Undesignated Total Fund Equity Total Liabilities and Fund Equity Liabilities and Equity Page 1 A;L is ... ......... • 1114" ........... i� - il - IT , 4 . 55, C21 ke 1""" % J , ............ F. cot? Liabilities and Equity Page 1 is ... ......... — ]7 7 7777' 55, C21 ke 1""" % J , Liabilities and Equity Page 1