Changes in Fund Balances, Governmental Funds

City of Orinda Changes in Fund Balances, Governmental Funds Nine Fiscal Years* Fiscal year ended June 30, 2021

(Modified accrual basis of accounting)

Fiscal Year Ended June 30, 2013 2014 2015 2016

Revenues:

Taxes and assessments 7,556,931 $ $ 9,092,586 $ 10,411,611 $ 11,665,853 Licenses, permits and fees 982,885 1,043,059 920,153 1,375,557 Fines and forfeitures 169,975 111,785 127,821 92,549 Intergovernmental 2,398,705 3,153,262 3,438,680 2,638,744 Use of money and property 189,497 150,931 149,198 241,144 Charges for services 2,965,192 2,917,662 2,587,144 3,112,393 Other revenues 187,196 390,722 424,507 162,004 Total revenues 14,450,381 16,860,007 18,059,114 19,288,244

Expenditures:

General Government Police Services Public works and engineering Parks and recreation Planning Special districts Library operations Capital improvements Capital Outlay Bond Issuance Debt Service: Interest on bonds payable & fiscal charges Principle payment on bonds

Total expenditures

Reconciliation of Governmental Revenues

Less Expenditures to Fund Equity: Revenues over (under) expenditures Other financing sources (uses): Transfers in Transfers out Proceeds from long‐term debt Premium on bonds issued Total other financing sources (uses)

Net change in fund balances 1,838,147 1,907,113 1,834,515 2,047,563 3,892,706 3,783,388 3,959,757 4,033,935 1,361,059 1,402,895 2,808,965 2,913,730 2,120,747 2,156,909 2,386,392 2,557,929 681,600 795,674 903,543 1,007,036 133,309 378,606 ‐ ‐342,208 324,230 350,263 341,982 5,335,159 3,511,348 2,845,381 8,334,648 ‐ ‐ ‐ ‐‐ ‐ 136,770 ‐

388,660 379,260 369,660 439,759 235,000 240,000 250,000 8,345,000 16,328,595 14,879,423 15,845,246 30,021,582

(1,878,214) 1,980,584 2,213,868 (10,733,338)

1,966,275 1,667,208 571,703 416,357 (1,966,275) (1,679,208) (1,171,703) (616,357) ‐ ‐ 10,000,000 7,945,000 ‐ ‐ 362,848 223,001

‐ (12,000) 9,762,848 7,968,001

(1,878,214) $ 1,968,584 $ 11,976,716 $ (2,765,337)

Debt service as a percentage of noncapital expenditures 5.67%

*The City of Orinda prepared its first ACFR for the fiscal year ended June 30, 2013 Source: City of Orinda Finance Department 5.45% 4.77% 40.51%

Fiscal Year Ended June 30, 2017 2018 2019 2020 2021

$ 11,858,635 $ 13,197,191 $ 14,639,971 $ 15,307,257 $ 16,661,861 1,364,512 1,366,535 1,606,422 1,807,932 2,476,037 95,347 110,859 130,675 78,346 30,175 3,697,094 2,431,226 2,549,007 5,348,766 2,375,336 173,572 553,626 1,207,421 1,032,624 85,296 2,505,242 3,306,755 2,744,798 2,296,917 2,447,616 390,992 2,403,087 1,994,783 1,510,369 580,490 20,085,394 23,369,279 24,873,077 27,382,211 24,656,811

2,016,142 1,910,182 2,245,745 2,520,202 2,676,936 4,112,216 4,196,825 4,561,519 4,333,927 4,481,608 4,108,748 2,061,156 2,626,771 2,647,239 2,744,631 2,761,601 2,947,811 3,257,467 3,577,291 2,961,143 922,311 911,161 1,127,138 1,159,179 1,050,736 339,516 331,063 417,423 89,104 80,504 299,905 440,347 474,501 427,188 424,038 600,017 245,508 1,780,242 272,361 1,813 12,368,781 13,410,450 14,382,940 14,398,928 8,422,147 ‐ ‐ ‐ ‐ ‐

858,822 1,727,271 1,698,345 1,781,866 1,733,015 1,360,000 1,220,000 1,475,000 1,875,000 1,320,000 29,748,059 29,401,774 34,047,091 33,082,285 25,896,571

(9,662,665) (6,032,495) (9,174,014) (5,700,074) (1,239,760)

2,782,818 2,870,343 817,981 662,105 64,637 (2,782,818) (2,638,948) (817,981) (687,550) (120,528) 35,000,000 ‐ ‐ ‐ ‐2,908,926 ‐ ‐ ‐ ‐37,908,926 231,395 ‐ (25,445) (55,891)

$ 28,246,261 $ (5,801,100) $ (9,174,014) $ (5,725,519) $ (1,295,651)

12.77% 18.43% 16.14% 19.57% 17.47%