FISCAL YEAR 2021-22, QUARTER 3 ENDING MARCH 31, 2022E A S T V A L E
CALIFORNIA
CITY OF
INTERIM F IN ANCIAL REPO RT
Q UAR TE R THREE | 9 MON THS
FISCAL YEAR 2021 - 2022
Executive Summary
City of Eastvale UNAUDITED Fiscal Year 2021-22 Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months, 65% Reported
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 1
REPORT OVERVIEW
On June 23, 2021, the City Council adopted the Fiscal Year 2021-22 budget. The interim financial report is prepared by the
Finance Department and contains informa�on related to the fiscal year 2021-22 budget and actual ac�vity for revenues
and expenditures for the 6-month period ending March 31, 2022. The figures contained in this report are unaudited. The
informa�on in this report does not include Mid-Year adjustments, which was adopted by the Council a�er the close of the
period ending March 31, 2022.
QUARTER 3 HIGHLIGHTS: Key changes impacting the city during the third quarter of fiscal year 2021-22
Prior Fiscal Year Notes: The city ended the prior fiscal year with a budget surplus of $25.3 million. The surplus is due
to several factors. The overwhelming majority of the surplus is due to a change in the city’s sales tax receipts.
Addi�onally, the City experienced savings in its largest department in the General Fund, Law Enforcement. Law
enforcement had a budget surplus due to a carried forward budge�ng error and due to the use of Coronavirus Relief
Funds for law enforcement contract costs. The city’s financial statements have been issued, and figures in this report
reflect audited balances.
Sales Tax Monitoring: The Finance department con�nues to monitor revenues closely, par�cularly sales tax. A true-
up payment applicable to quarter 2 ending December 31, 2020, of the prior fiscal year, has not yet been received.
HdL originally believed the true up would likely be received in the current fiscal year, however it seems highly likely
that the true up will be received a�er June 30, 2022. The true-up was budgeted at $8.0 million. As a result, it is
projected that sales tax receipts will total less than the budgeted figure of $52.0 million. In order to monitor actual
sales tax receipts relevant to the quarter a new summary report was created and is atached to the execu�ve summary
�tled “Sales Tax Quarterly Summary.”
Appropria�ons Limit: A summary report, “Appropria�ons Limit Summary,” is included in this report. The city
exceeded the state mandated Appropria�ons Limit for fiscal year 2020-21 and 2021-22. The summary report details
the city’s limit and revenues subject to appropria�ons in addi�on to providing trend data for the last three fiscal years.
The city will con�nue to address the appropria�ons limit implica�ons during the mid-year and budget processes.
American Rescue Plan Act Funds: The city received approximately $7.36 million in American Rescue Plan Act (ARPA)
State and Local Fiscal Recovery Funds (SLFRF). These funds will be like the CARES CRF funds and will be subject to a
federal single audit. Addi�onally, funds must be expensed by December 31, 2024. Final guidance and alloca�on
informa�on was released by the Federal Department of Treasury in January 2022. The final guidance provided a $10.0
million standard deduc�on that all municipali�es may use towards revenue loss during the pandemic. City Council
iden�fied approximately $4.1 million of SLFRF funds to use towards law enforcement contract costs during the mid-
year process. Staff recommends u�lizing the full $10.0 million standard deduc�on for revenue loss in order to u�lize
the city’s full $7.36 million alloca�on towards law enforcement contract costs. This interim report includes
appropria�ng the transfer-out budget in the ARPA fund and the transfer-in budget in the General Fund to reflect the
reimbursement for law enforcement contract costs. The budget surplus due to the reimbursement in the General
Fund may be expensed or commited at the Council’s discre�on. The budget appropria�on will be included in the next
quarterly report data due to the �ming of Council approval.
This report does not include projections and only focuses on the City’s performance in comparison to budgeted estimates.
Attached Detail Reports
General Fund Summary by Category General Fund Summary by Department
General Fund Opera�ng Summary
City-Wide Fund Balances
Sales Tax Quarterly Summary
Other Funds Revenue and Expenditure Summary
Assigned Reserve, Con�ngency Calcula�on
Appropria�ons Limit Summary
Executive Summary
City of Eastvale UNAUDITED Fiscal Year 2021-22 Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months, 65% Reported
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 2
Accounting Methods
The figures presented in this execu�ve summary and the atached reports reflect general ledger balances as of March 31,
2022. Approximately 65% of the year has been reported. The city u�lizes an accrual basis of accoun�ng for all
governmental funds, as required by the Generally Accepted Accoun�ng Standards (GAAP). To comply with GAAP, many
revenues received and expenditures occurring in the months of July and August are accrued back to the month of June.
This matches the transac�on to the period in which revenue was earned or the expenditure occurred. The figures in this
report represent the audited figures for June 30, 2021 and the Finance Department’s best es�mate of revenues and
expenditures for March 31, 2022, as of the published date of this report.
GENERAL FUND OBSERVATIONS
The city’s General Fund is the largest and most flexible of the
city’s funds as it contains all unrestricted revenues and provides
the most discre�on for expenditures. Major General Fund
revenue sources include sales tax, property tax, franchise fees,
permit fees, and intergovernmental. The General Fund holds the
majority of services provided to the community including police
services, community development, and general government. The
General Fund Overview table provides budgeted revenues and
expenditures in addi�on to actual revenues and expenditures. The percentage reflects the percentage of budget u�lized.
Balanced Budge�ng – Per the city’s adopted
Budget Policy, the total appropria�ons shall not
exceed the total of es�mated revenues. In the
adopted fiscal year 2021-22 budget, total General
Fund expenditure appropria�ons did not exceed
revenues and the budget surplus totaled
$801,892. Since the budget was adopted several
expenditure and revenue budget appropria�ons
have been approved by Council; these
appropria�ons increased the budget surplus to
$36.0 million as of the publish date of this report.
Details of the city’s opera�ng statement can be
found in the Atachment General Fund Opera�ng
Summary.
It should be noted that the Fire Fund also consists of General
Fund revenues, however due to agreements with Riverside
County the fund is separated as an other-purpose general
fund for budgeting purposes. The Fire Fund is collapsed into the General Fund on the city’s financial statements. Fire Fund information is in the section
following the General Fund in this report. GENERAL FUND REVENUES
As a general note, not all revenues are received monthly including sales tax, property tax, and franchise fees. The State of
California provides sales tax es�mated advance installments monthly and issues the city a quarterly true-up a�er the State
receives quarterly tax returns from businesses. A majority of property tax is typically received solely in the second half of
the fiscal year and as a result, a por�on of property tax revenues have not yet been received for the fiscal year. Franchise
fees are received quarterly.
General Fund Overview 9-Months Ended March 31, 2022
General Fund
Overview
Adjusted
Budget
Actual
Ac�vity
%
Revenues 72,188,910 35,600,610 49%
Expenditures 36,133,217 14,762,047 41%
Surplus (Deficit) 36,055,693 20,838,563
0
10
20
30
40
50
60
70
80
2019-20 Actuals 2020-21 Actuals 2021-22 Budget 2021-22 ActualsTo-DateMillionsYear-by-Year Revenue and Expenditures
Revenue
Expenditure
Executive Summary
City of Eastvale UNAUDITED Fiscal Year 2021-22 Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months, 65% Reported
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 3
Overall revenues only stand at 42% due solely to the missing $8.0 million sales tax true up payment for fiscal year 2020.
It is possible that this revenue will not be received un�l the following fiscal year, however the �ming will not be known
un�l the fiscal year is closed in late August 2022.
Overall, General Fund revenues are at $35,600,610 or 49% of budget.
Detail of Specific Revenue Categories
Sales Tax – Sales tax revenues are highly indica�ve of
economic circumstances. The city u�lizes HdL
Companies for sales tax analysis. HdL provided sales tax
projec�ons that addressed the impacts of the COVID-
19 pandemic and the state’s stay-at-home order and
they recently released revised budget projec�ons for
the current fiscal year over the summer. As of the mid-
year budget review, budget currently stands at $52.0
million, an increase over the original $11.7 million. This
is a projected 444% increase over the adopted sales tax
budget, due to a local business’s change in their
business model. Currently, actuals are at 51% of
budget, lower than the expected 75%. This is primarily
due to an outstanding $8.0 million true up due for the
2020 fiscal year. The true-up may not be received un�l
the following fiscal year.
Property Tax – Property tax revenues are based solely on the valua�on of property, both secured and unsecured, within
the city. Secured property is property including land and buildings; unsecured property includes equipment and
machinery. Property tax revenues are typically received in the second half of the fiscal year. As a result, actual revenues
are at $2,100,679 or 61% of budget.
Franchise Fees – This category is comprised of regular recurring revenues from solid waste collec�on, cable u�li�es,
electric u�li�es, and natural gas u�li�es. Franchise fees are on target at 65% of budget.
Licenses, Fees, and Permits – This category is comprised of construc�on, fire, planning, and building permits and fees, and
rental registra�on. Overall, this category is at $1,684,108 or 59% of budget. Contracted services and employee wages drive
the fees charged to private developers for planning and building fees, management of these costs has reduced the price
of processing development permits in the city. Compared to the prior year the budget for this category has been reduced
by approximately 20%. Building and planning developer fees are down significantly compared to the first three quarters
of the prior fiscal year; budget is only at 42% and 38% respec�vely. Building fixed fees are at 93% of budget and expected
to exceed budget projec�ons. Legal and engineering development fees are slightly above budget at 87% and 79%;
encroachment development fees are on target at 60%. Passport services also exceeds budget projec�ons at 80%; passport
service demand increased significantly during the pandemic and has con�nued at or above the same level.
Intergovernmental – This category is populated by the Vehicle License in Lieu fees (VLF). VLF revenues are typically
received in the last six months of the fiscal year, 50% within quarter three and the final 50% in quarter 4. As a result,
actuals stand at $3,158,707 or 52% of budget. This category is on track to exceed budget es�mates.
Use of Money and Property – This category is populated investment income. Budget was es�mated at $500,000 and
actuals are at ($57,916). This is due to a Government Accoun�ng Standards Board (GASB) required accoun�ng entry from
the prior year that recognizes the difference in the book and market value of investments, known as unrealized gain or
Executive Summary
City of Eastvale UNAUDITED Fiscal Year 2021-22 Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months, 65% Reported
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 4
loss. Net of unrealized gain, total investment earnings for the first half of the fiscal year stand at $348,220, or 70% of
budget.
Transfers In – This category has not been processed yet and stands at 0% of budget; however, we are set to process the
full budget amount of $4.4 million in transfers-in to the General Fund.
Overall, General Fund revenues are at $35,600,610 or 49% of budget.
ADDITIONAL INFORMATION ABOUT MAJOR REVENUE SOURCES
Detail Information on General Fund Sales and Property Tax Revenue Categories
Sales Tax: Sales tax is the number one revenue source for
the General Fund. For every dollar of sales tax paid, only
$0.13 is received by the City of Eastvale. The other $0.87
goes to the State General Fund ($0.51), the State Local
Revenue Fund ($0.14), Riverside County Transporta�on
Commission ($0.06), a State Local Revenue Fund specific to
local health and social services programs ($0.06), State Local
Public Safety Fund ($0.06), and the Riverside County
Transporta�on Fund ($0.03). For more informa�on on what
agencies receive sales tax revenue go to:
www.cd�a.ca.gov/taxes-and-fees/sut-rates-descrip�on.htm
Property Tax: Property tax is the number four largest revenue source for the city’s General Fund and is the number one revenue
source for the city’s Fire Fund. However, like sales tax every dollar of base property tax that a property owner pays only $0.02 is
received by the city’s General Fund; another $0.06 is received by the city’s Fire Fund. Over $0.51 goes towards educa�on to the
Corona Norco Unified School district, Riverside
Community College, and Riverside County Office of
Educa�on. Riverside County receives $0.29. The
remaining $0.04 goes to several special districts and
flood control administra�on. The property tax revenues
received by the Fire Fund are restricted to Fire Services
expenditures.
This breakdown of costs is only for the base property
tax rate. Many Eastvale residents also pay levies for
special assessments, including special financing districts, such as landscape ligh�ng maintenance
districts and community facility districts. For more
informa�on about special financing districts in Eastvale
go to: www.eastvaleca.gov/government/ finance-
department/special-financing-districts
GENERAL FUND EXPENDITURES
A comparison of the adjusted budget to actual expenditures provides an overview of how actual expenditures compare
to the city’s budget. Overall, actual expenditures are at $14,762,047 or 41% of budget.
$0.51 State General Fund $0.14 State Local Revenue Fund $0.13 EASTVALE $0.06 RIVCO RCTC $0.06 State Local Rev $0.06 State Local Safety $0.03 RIVCO Transporta�on For every $1 of paid sales tax, only 13 cents come back to the city. The remainder is spread among State and County agencies.
Executive Summary
City of Eastvale UNAUDITED Fiscal Year 2021-22 Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months, 65% Reported
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 5
Detail of Specific Expenditure Categories
Contract Services – This category is the largest
category and includes law enforcement and
contracted services for building and safety, planning,
and public works. Currently, actual expenditures for
the total contract category are $6,157,918 or 41% of
budget; total budget for this category is $15.1
million. Actuals in this category are low due to s�ll
outstanding invoices for building, public works, and
law enforcement contract services. The largest
expenditure within this category is the Law
Enforcement contract with Riverside County Sheriff;
budget for law enforcement totals $12.3 million.
This category is expected to have significant savings
this fiscal year, as the city will be u�lizing the full
alloca�on of its APRA SLFRF appor�onment to
reimburse for the General Fund for law enforcement
contract costs totaling $7.36 million. This
contribu�on will be one-�me in nature as the city
does not expect to con�nue to be able to offset contract costs into the future. Other major contracts in this category are
animal control, crossing guards, and legal services.
Personnel – The personnel category contains the salary and benefit costs for city employees. This category generated
actual expenditures at 55% of budget. Staff expects to see addi�onal savings in this category due to new posi�ons
remaining vacant during recruitment during the fiscal year, including three building inspector posi�ons that remained
vacant for the en�re fiscal year. The savings in building personnel will need to be u�lized to offset the contract services
overage in building due to the need to contract for inspec�on services while the posi�ons remained vacant.
Opera�ons – Opera�ons is a broad category including supplies, adver�sing, u�li�es, postage and shipping, and janitorial.
Actual expenditures in this category are at $2,109,664 or 48% of budget.
Capital Outlay – Capital outlay consists of office equipment, computer hardware, so�ware, furniture, and fixtures. This
category is at $206,818 or 79% of budget due to annual so�ware licenses paid in advance at the start of the fiscal year.
Debt Service – Debt service in the General Fund accounts for the sales tax abatement agreement with Goodman at the
Sta�on on the north end of town and revenue neutrality owed to Riverside County. The City Council approved the full
payoff of the agreement during the mid-year budget review; the payoff totaled $2.6 million to Goodman for traffic
infrastructure (streets, storm drains, streetlights, signing and striping, and signals) completed by the developer. The city
paid off the agreement during the third quarter. Revenue neutrality is another expenditure located in this category. It is
based on es�mated tax revenue losses experienced by Riverside County as a result of the city’s incorpora�on, the
obliga�on is paid to Riverside County through both the General Fund and the Fire Fund. The debt service category is at
91% of budget, as the revenue neutrality is not paid un�l the end of the fiscal year.
Overall, the General Fund is at $14,762,047 or 41% of expenditure budget. GENERAL FUND NET REVENUE
The General Fund will likely complete the fiscal year with $36.0 million in net revenue, also called a budget surplus
(revenue minus expenditures), for the fiscal year 2021-22.
Contract Services
42%
Transfers Out19%
Personnel18%
Operations
12%
Debt Service
8%
Maintenance
1%
Capital Outlay1%
Expenditure Budget Breakdown
Executive Summary
City of Eastvale UNAUDITED Fiscal Year 2021-22 Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months, 65% Reported
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 6
FIRE FUND OBSERVATIONS
The city’s Fire Fund contains all revenues and expenditures
related to the provision of fire services in the city. The Fire Fund
contains restricted property tax revenue for use towards fire
services.
Revenues – Major Fire Fund revenue sources include property
tax, licenses, permits, and fees, and use of money and property.
Property tax, like the General Fund is primarily received in the
second half of the fiscal year. Property tax is currently at 60% of budget as these revenues are typically received in the
last seven months of the fiscal year.
Licenses, permits, and fees are at 37% of budget, primarily due to a decrease in fire plan check permits.
Use of money and property is populated by investment income. Budget was es�mated at $95,000 and actuals are at
($64,700). This is due to a GASB required accoun�ng entry from the prior year that recognizes the difference in the book
and market value of investments. This entry causes overall revenues in the Fire Fund to reflect a lower value than the
single category of property tax receipts for the fund.
Overall, Fire Fund revenues are at 57% of budget.
Expenditures – Contract services for
Riverside County Fire stand at $1,447,127 or
23% of budget. As of March 31st, CAL Fire
had only delivered the first quarter invoice
for services.
Maintenance and opera�ons actuals are at
62% and 38% respec�vely. Maintenance and
opera�ons include building maintenance,
vehicle maintenance and fuel, and u�li�es.
Overall, the Fire Fund is at $1,595,596 or 23%
of expenditure budget; this is mainly due to
only three months of fire services having
been paid as of the March 31st.
Net Revenue – The Fire Fund is projected to
complete the fiscal year with $679,447 in net revenue, also called a budget surplus, for the fiscal year 2021-22.
OTHER FUND OBSERVATIONS
The city’s other funds consist of special revenue funds and two funds solely consis�ng of General Fund contribu�ons, the
Capital Projects Fund and the Debt Service Fund. These two funds were created in order to track capital projects funded
by the General Fund and debt.
SPECIAL REVENUE FUNDS
Gas Tax – Fuel sales have increased in the city and statewide compared to the prior year, fuel taxes con�nue to be received
at almost the same level compared to the prior fiscal year, revenue actuals are $1,071,240 or 62% of budget. Gas taxes
are collected and allocated to local governments from the State of California pursuant to sec�on 2103 of California Streets
and Highways code. Appor�onments are based on the city’s popula�on, vehicle registra�ons, and maintained street miles.
Fire Fund Overview 9-Months Ended March 31, 2022
General Fund
Overview
Adjusted
Budget
Actual
Ac�vity
%
Revenues 7,571,931 4,340,673 57%
Expenditures 6,892,484 1,595,596 23%
Surplus (Deficit) 679,447 2,745,077
0
1
2
3
4
5
6
7
8
9
2019-20 Actuals 2020-21 Actuals 2021-22 Budget 2021-22 Actuals To-DateMillionsYear-by-Year Revenue and Expenditures
Revenue Expenditure
Executive Summary
City of Eastvale UNAUDITED Fiscal Year 2021-22 Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months, 65% Reported
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 7
Expenditures in this fund are restricted for use towards streets or roads. Expenditures in this fund are at 16% of budget
for a total of $574,418. Capital improvement projects are u�lizing built up fund balance (savings) in this fund to cover
project costs that exceed current year revenues.
A Note Regarding Government Accounting and Budgeting
Most government funds and budgets are managed using a method called “modified accrual” accoun�ng. Modified accrual means that governmental funds are managed on a cash basis throughout the year. At year-end accruals are processed to ensure revenues
and expenditures are recorded in the appropriate fiscal year in which the transac�ons actually occurred. This method applies to all
the city’s funds (General Fund and Special Revenue funds).
As an illustra�on, revenue is recorded as it is received throughout the fiscal year (cash basis). The majority of General Fund revenues
are received sporadically throughout the year, and most is received or accrued in the final nine months of the fiscal year. Meanwhile,
expenditures con�nue each month, regardless of whether revenues have been received. This circumstance highlights the
importance of maintaining an adequate opera�ng reserve that allows for cash flow needs throughout the fiscal year, especially
during months in which some revenues categories are not received.
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
General Fund Summary by Category
Restated
Audited
Actuals
Restated
Unaudited
Actuals
Adjusted
Budget Actuals
Amount
Over(Under)
Budget
Description 2019-20 2020-21 2021-22 3/31/2022 2021-22
GENERAL FUND
Revenues
Property Taxes 3,060,578$ 3,526,028$ 3,445,652$ 2,100,679$ 61%(1,344,973)$
Sales & Use Tax 9,609,575 28,120,058 52,000,000 26,656,666 51%(25,343,334)
Franchise Fees 1,544,629 5,937,579 1,647,000 1,077,241 65%(569,759)
Property Transfer Tax - 0 0 0 0%-
License, Permits & Fees 3,314,589 2,885,193 2,840,010 1,684,108 59%(1,155,902)
Fines, Penalties & Forfeitures 840,981 583,856 490,000 268,474 55%(221,526)
Intergovernmental 6,097,008 5,804,854 6,099,611 3,158,707 52%(2,940,904)
Use of Money & Property 404,957 1,102,678 500,000 (57,916)-12%(557,916)
Miscellaneous 86,322 237,295 716,500 712,651 99%(3,849)
Transfers In 22,109 17,886 4,450,137 0 0%(4,450,137)
Total General Fund Revenues 24,980,747 48,215,427 72,188,910 35,600,610 49%(36,588,300)
Expenditures
Salaries 1,602,094$ 2,642,258$ 4,882,410$ 2,748,039$ 56%(2,134,371)$
Benefits 619,372 1,081,972 1,611,200 864,027 54%(747,173)
Contract Services 11,313,967 12,106,951 15,160,659 6,157,918 41%(9,002,741)
Maintenance 76,022 105,619 256,646 116,456 45%(140,190)
Operations 3,640,764 2,644,003 4,394,689 2,109,664 48%(2,285,025)
Capital Outlay 3,848,709 242,536 260,394 206,818 79%(53,576)
Debt Service - 1,128,129 2,816,550 2,559,045 91%(257,505)
Transfers Out 1,000,000 1,989,214 6,750,668 81 0%(6,750,587)
Total General Fund Expenditures 22,100,929 21,940,681 36,133,217 14,762,047 41%(21,371,169)
NET REVENUE 2,879,818 26,274,745 36,055,693 20,838,563 (15,217,131)
OTHER PURPOSE GENERAL FUNDS
RESTRICTED STRUCTURAL FIRE FUND
Revenues
Property Taxes (Restricted for Fire Services)6,345,925$ 7,289,292$ 7,298,931$ 4,345,140$ 60%(2,953,791)$
Sales & Use Tax - 0 0 0 0 -
Franchise Fees - 0 0 0 0 -
Other Taxes - 0 0 0 0 -
License, Permits & Fees 190,457 154,718 165,000 60,232 37%(104,768)
Fines, Penalties & Forfeitures 13,906 25,979 13,000 0 0%(13,000)
Intergovernmental - 0 0 0 0 -
Use of Money & Property 132,387 2,927 95,000 (64,700)-68%(159,700)
Miscellaneous - 0 0 0 0 -
Transfers - 167,660 0 0 0 -
Total Fire Fund Revenues 6,682,675 7,640,575 7,571,931 4,340,673 57%(3,231,258)
Expenditures
Salaries -$ 797$ -$ 808$ 0 808$
Benefits - 107 0 0 0 -
Contract Services 4,121,443 5,463,946 6,213,787 1,447,127 23%(4,766,660)
Maintenance 22,295 52,275 52,364 32,225 62%(20,138)
Operations 111,064 78,136 283,834 108,036 38%(175,798)
Capital Outlay - 0 85,000 7,400 9%(77,600)
Debt Service 481,929 252,432 257,500 0 0%(257,500)
Transfers Out - 0 0 0 0 -
% Budget
Used
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
General Fund Summary by Category
Restated
Audited
Actuals
Restated
Unaudited
Actuals
Adjusted
Budget Actuals
Amount
Over(Under)
Budget
Description 2019-20 2020-21 2021-22 3/31/2022 2021-22
% Budget
Used
Total General Fund Expenditures 4,736,731 5,847,693 6,892,484 1,595,596 23%(5,296,888)
NET REVENUE 1,945,944 1,792,882 679,447 2,745,077 2,065,630
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
General Fund Summary by Departments
Restated
Audited Actuals
Restated
Unaudited
Actuals
Adjusted
Budget Actuals
Amount
Over(Under)
Budget
Description 2019-20 2020-21 2021-22 3/31/2022 2021-22
GENERAL FUND
Revenues
General Services
Non Departmental 20,123,803$ 44,774,936$ 68,257,900$ 33,350,825$ 49%(34,907,075)$
City Clerk 20,532 42,702 41,000 33,464 82%(7,536)
City Manager 3,000 6,056 6,000 200 3%(5,800)
Finance 131,845 160,501 176,650 75,415 43%(101,235)
General Government - - - - 0%-
Subtotal General Services 20,279,180 44,984,194 68,481,550 33,459,903 49%(35,021,647)
Community Development
Community Development 1,422,969$ 442,340$ 2,139,360$ 1,196,398$ 56%(942,962)$
Subtotal Community Development 1,422,969 442,340 2,139,360 1,196,398 56%(942,962)
Community Safety
Community Safety 2,303,231$ 2,154,008$ 1,003,500$ 631,548$ 63%(371,952)$
Subtotal Community Safety 2,303,231 2,154,008 1,003,500 631,548 63%(371,952)
Public Safety
Public Safety 975,367$ 634,885$ 564,500$ 312,760$ 55%(251,740)$
Subtotal Public Safety 975,367 634,885 564,500 312,760 55%(251,740)
Total General Fund Revenues 24,980,747 48,215,427 72,188,910 35,600,610 49%(36,588,300)
Expenditures
General Services
100 City Council 290,786$ 133,393$ 215,695$ 159,724$ 74%(55,971)$
110 City Attorney 328,893 299,975 390,000 167,475 43%(222,525)
120 City Clerk 405,178 420,701 532,926 268,944 50%(263,981)
200 City Manager 1,024,849 613,963 719,406 453,994 63%(265,412)
210 Finance 707,733 708,666 1,146,785 710,247 62%(436,538)
220 Talent Attraction and Development 291,895 485,963 640,266 436,831 68%(203,435)
230 Risk Management 78,667 164,653 439,460 249,432 57%(190,028)
240 Information Technology 403,439 411,918 281,012 183,008 65%(98,004)
260 Communications 5,051 253,125 351,246 438,773 125%87,527
290 General Government 4,526,798 3,533,020 10,274,472 3,049,125 30%(7,225,346)
295 Building Maintenance 752,448 357,011 572,937 301,451 53%(271,486)
720 Events - 0 664,359 125,044 19%(539,315)
Subtotal General Services 8,815,735 7,382,389 16,228,564 6,544,049 40%(9,684,515)
Community Development
301 Administration 6,619$ 562,236$ 1,322,778$ 718,831$ 54%(603,948)$
300 Planning 1,212,827 541,489 812,907 369,386 45%(443,521)
320 Engineering 125,097 504,724 1,832,019 830,956 45%(1,001,064)
500 Public Works 247,268 415,523 736,293 260,404 35%(475,889)
Subtotal Community Development 1,591,811 2,023,972 4,703,997 2,179,576 46%(2,524,421)
Community Safety
311 Administration -$ -$ 282,686$ 1,206$ 0%(281,480)$
310 Building Safety 2,237,505 2,122,378 1,244,509 677,506 54%(567,004)
330 Community Enhancement & Safety 726,192 663,285 983,621 530,525 54%(453,097)
Subtotal Community Safety 2,963,697 2,785,663 2,510,817 1,209,236 48%(1,301,581)
% Budget
Used
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
General Fund Summary by Departments
Restated
Audited Actuals
Restated
Unaudited
Actuals
Adjusted
Budget Actuals
Amount
Over(Under)
Budget
Description 2019-20 2020-21 2021-22 3/31/2022 2021-22
% Budget
Used
Public Safety
400 Law Enforcement 8,424,368$ 9,557,446$ 12,302,638$ 4,643,945$ 38%(7,658,693)$
430 Animal Control 229,552 167,648 290,000 131,133 45%(158,867)
440 Crossing Guards 75,765 23,563 97,200 54,107 56%(43,093)
Subtotal Public Safety 8,729,686 9,748,658 12,689,838 4,829,186 38%(7,860,652)
Total General Fund Expenditures 22,100,929 21,940,681 36,133,217 14,762,047 41%(21,371,169)
TOTAL NET REVENUE 2,879,818 26,274,745 36,055,693 20,838,563 (15,217,131)
OTHER PURPOSE GENERAL FUNDS
RESTRICTED STRUCTURAL FIRE FUND
Revenues
Property Taxes (Restricted for Fire Serv 6,345,925$ 7,289,292$ 7,298,931$ 4,345,140$ 60%(2,953,791)$
Sales & Use Tax - - - - 0 -
Franchise Fees - - - - 0 -
Other Taxes - - - - 0 -
License, Permits & Fees 190,457 154,718 165,000 60,232 37%(104,768)
Fines, Penalties & Forfeitures 13,906 25,979 13,000 - 0%(13,000)
Intergovernmental - - - - 0 -
Use of Money & Property 132,387 2,927 95,000 (64,700) -68%(159,700)
Miscellaneous - - - - 0 -
Transfers - 167,660 - - 0 -
Total Fire Fund Revenues 6,682,675 7,640,575 7,571,931 4,340,673 57%(3,231,258)
Expenditures
Public Safety
290 General Government 481,929$ 253,044$ 257,500$ -$ 0%(257,500)$
295 Building Maintenance - 15,032 196,747 135,188 69%(61,559)
320 Engineering - 256 0 808 0%808
420 Fire Services 4,254,802 5,579,360 6,438,238 1,459,601 23%(4,978,637)
Total Fire Fund Expenditures 4,736,731 5,847,693 6,892,484 1,595,596 23%(5,296,888)
TOTAL FIRE FUND NET REVENUE 1,945,944 1,792,882 679,447 2,745,077 2,065,630
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
General Fund Operating Summary
Restated
Audited
Actuals
Restated
Unaudited
Actuals
Adjusted
Budget Actuals
Amount
Over(Under)
Budget
Description 2019-20 2020-21 2021-22 3/31/2022 2021-22
GENERAL FUND
Operating Revenues
Property Taxes 3,189,147$ 3,526,028$ 3,445,652$ 2,100,679$ 61%(1,344,973)$
Sales & Use Tax 10,348,979 28,120,058 11,700,000 26,656,666 228%14,956,666
Franchise Fees 1,644,840 5,937,579 1,647,000 1,077,241 65%(569,759)
Property Transfer Tax - - 0 - 0%-
License, Permits & Fees 3,181,576 2,885,193 2,840,010 1,684,108 59%(1,155,902)
Fines, Penalties & Forfeitures 647,721 583,856 490,000 268,474 55%(221,526)
Intergovernmental 6,301,448 5,804,854 6,099,611 3,158,707 52%(2,940,904)
Use of Money & Property 1,576,335 1,102,678 500,000 (57,916) -12%(557,916)
Miscellaneous 488,523 237,295 716,500 712,651 99%(3,849)
Transfers In 631,506 17,886 283,287 - 0%(283,287)
Total General Fund Operating Revenues 28,010,076 48,215,427 27,722,060 35,600,610 128%7,878,550
Operating Expenditures
Salaries 2,319,254$ 2,642,258$ 4,882,410$ 2,748,039$ 56%(2,134,371)$
Benefits 839,191 1,081,972 1,611,200 864,027 54%(747,173)
Staff Development - - 0 - 0%-
Contract Services 12,590,458 12,106,951 15,160,659 6,157,918 41%(9,002,741)
Maintenance 145,799 105,619 256,646 116,456 45%(140,190)
Operations 3,202,635 2,644,003 4,394,689 2,109,664 48%(2,285,025)
Capital Outlay 958,270 242,536 260,394 206,818 79%(53,576)
Debt Service 1,314,367 1,128,129 957,500 2,559,045 267%1,601,545
Transfers Out 468,699 469,214 602,564 81 0%(602,483)
Total General Fund Expenditures 21,838,673 20,420,681 28,126,063 14,762,047 52%(13,364,015)
NET OPERATING REVENUE 6,171,403 27,794,745 (404,003) 20,838,563
Non-Operating Revenues
Franchise Fees -$ $4,000,000 40,300,000$ -$ 0%(40,300,000)$
Miscellaneous GASB 87 - 956,618 - - 0%-
Use of Money and Property - (761,631) - (406,136) 0%(406,136)
Transfers In (ARPA)- - 4,166,850 - 0%(4,166,850)
Total General Fund Non-Operating Revenues - $4,194,987 44,466,850 (406,136) -1%(44,872,986)
Non-Operating Expenditures
Capital Outlay GASB 87 -$ 956,618$ -$ -$ 0%-$
Debt Service (Tarpon Properties Payoff)- - 1,859,050 0%(1,859,050)
Transfers Out (Streetlight Payoff)- 2,330 4,197,585 - 0%(4,197,585)
Transfers Out (CIP)912,540 1,520,000 1,950,519 - 0%(1,950,519)
Total General Fund Non-Operating Expenditures 912,540 2,478,948 8,007,154 - 0%(8,007,154)
NET NON-OPERATING REVENUE (912,540) 1,716,039 36,459,696 (406,136)
%
Budget
Used
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
General Fund Operating Summary
Restated
Audited
Actuals
Restated
Unaudited
Actuals
Adjusted
Budget Actuals
Amount
Over(Under)
Budget
Description 2019-20 2020-21 2021-22 3/31/2022 2021-22
%
Budget
Used
OTHER PURPOSE GENERAL FUNDS
RESTRICTED STRUCTURAL FIRE FUND
Operating Revenues
Property Taxes (Restricted for Fire Services)6,345,925$ 7,289,292$ 7,298,931$ 4,345,140$ 60%(2,953,791)$
Sales & Use Tax - 0 0 0 0%-
Franchise Fees - 0 0 0 0%-
Other Taxes - 0 0 0 0%-
License, Permits & Fees 190,457 154,718 165,000 60,232 37%(104,768)
Fines, Penalties & Forfeitures 13,906 25,979 13,000 0 0%(13,000)
Intergovernmental - 0 0 0 0%-
Use of Money & Property 132,387 2,927 95,000 (64,700)-68%(159,700)
Miscellaneous - 0 0 0 0%-
Transfers - 167,660 0 0 0%-
Total Fire Fund Revenues 6,682,675 7,640,575 7,571,931 4,340,673 57%(3,231,258)
Operating Expenditures
Salaries -$ 797$ -$ 808$ 0%808$
Benefits - 107 0 0 0%-
Staff Development - 0 0 0 0%-
Contract Services 4,121,443 5,463,946 6,213,787 1,447,127 23%(4,766,660)
Maintenance 22,295 52,275 52,364 32,225 62%(20,138)
Operations 111,064 78,136 283,834 108,036 38%(175,798)
Capital Outlay - 0 85,000 7,400 9%(77,600)
Debt Service 481,929 252,432 257,500 0 0%(257,500)
Transfers Out - 0 0 0 0%-
Subtotal General Fund Expenditures 4,736,731 5,847,693 6,892,484 1,595,596 23%(5,296,888)
NET OPERATING REVENUE 1,945,944 1,792,882 679,447 2,745,077
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
Other Funds Summary
*Data includes transfers
Restated
Audited
Actuals
Restated
Unaudited
Actuals
Adjusted
Budget Actuals
Difference,
Budget Versus
Actuals
Description 2019-20 2020-21 2021-22 3/31/2022 2021-22
OTHER FUNDS
Revenues
200 Gas Tax 1,384,225$ 1,437,826$ 1,730,150$ 1,071,240$ 62%(658,910)$
205 SB1 1,189,225 1,228,573 1,299,400 781,149 60%(518,251)
206 Area Drainage Plan (ADP)- (2,060) 8,000 (4,122) -52%(12,122)
210 Measure A 1,547,055 1,834,932 1,507,000 740,552 49%(766,448)
211 TDA Fund - - 432,500 - 0%(432,500)
220 AQMD 88,123 91,756 150,865 94,423 63%(56,443)
230 Grants: Law Enforcement Grants - - - - 0%-
240 Grants: Miscellaneous Grants Fund 1,672,558 390,183 2,679,750 194,612 7%(2,485,138)
241 Grants: Coronavirus Relief Fund - 788,813 - - 0%-
242 Grants: American Rescue Plan Act Fund - - 3,680,110 3,680,110 100%-
243 Public, Educational, or Governmental Access Fund - 515 500 1,369 274%869
250 Grants: Community Development Block Grant 275,889 - 165,000 - 0%(165,000)
260 Local Law Enforcement Services 148,781 157,695 120,000 111,828 93%(8,172)
270 TUMF Reimbursement Fund - - - - 0%-
290 Transportation DIF 146,283 115,440 192,500 118,079 61%(74,421)
291 Fire DIF 74,699 54,388 76,000 44,509 59%(31,491)
292 Public Facilities DIF 131,970 397,553 551,500 53,992 10%(497,508)
293 Road and Bridge Benefit District 45,299 84,487 80,000 (29,410) -37%(109,410)
300 LLMD 89-1 Zone 10 2,944 3,188 3,820 1,910 50%(1,910)
301 LLMD 89-1 Zone 33 24,355 (21,661) 2,670 557 21%(2,113)
302 LLMD 89-1 Zone 41 171,506 188,123 188,248 85,939 46%(102,309)
303 LLMD 89-1 Zone 79 2,588 2,367 2,750 1,354 49%(1,396)
304 LLMD 89-1 Zone 85 8,099 1,091 3,110 1,379 44%(1,731)
305 LLMD 89-1 Zone 111 23,719 25,513 26,070 11,730 45%(14,340)
306 LLMD 89-1 Zone 115 3,383 2,807 3,720 2,183 59%(1,537)
307 LLMD 89-1 Zone 116 8,004 8,553 8,933 3,900 44%(5,033)
308 LLMD 89-1 Zone 147 1,901 198 1,553 803 52%(750)
309 LLMD 89-1 Zone 151 5,904 6,393 7,660 5,297 69%(2,363)
310 LLMD 89-1 Zone 156 4,433 4,722 5,750 3,340 58%(2,411)
311 Benefit Assessment District 2014-2 4,676 4,776 12,494 2,957 24%(9,537)
312 LLMD 2014-1 3,448 3,781 19,406 2,565 13%(16,841)
313 LLMD 2014-3 2,958 3,313 8,370 2,084 25%(6,286)
314 LLMD 2014-4 1,828 2,078 6,920 1,216 18%(5,704)
315 Community Facilities District 2019-1 - 9,284 6,000 5,313 89%(687)
400 Community Facilities District 2017-1 50,730 73,612 34,400 38,543 112%4,143
401 Community Facilities District 2017-2 - 33,308 17,700 21,746 123%4,046
402 Community Facilities District 2020-1 - 72,863 36,100 28,261 78%(7,839)
403 LMD 98-2 ORIGINAL - - - - 0%-
404 LMD 98-2 ANNEX 01/Zone A - - - - 0%-
405 LMD 98-2 ANNEX 02/Zone B - - - - 0%-
406 LMD 98-2 ANNEX 03/Zone C - - - - 0%-
407 LMD 98-2 ANNEX 04/Zone D - - - - 0%-
408 LMD 98-2 ANNEX 06/Zone F - - - - 0%-
409 LMD 2001-1 Zone G - - - - 0%-
410 LMD 2001-1 Zone S 4 - - (0) 0%(0)
411 LMD 2001-1 Zone W - - - - 0%-
412 LMD 2001-2 Zone A - - - - 0%-
413 LMD 2001-2 Zone B - - - - 0%-
414 LMD 2001-2 Zone C - - - - 0%-
% Budget
Used
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
Other Funds Summary
*Data includes transfers
Restated
Audited
Actuals
Restated
Unaudited
Actuals
Adjusted
Budget Actuals
Difference,
Budget Versus
Actuals
Description 2019-20 2020-21 2021-22 3/31/2022 2021-22
% Budget
Used
415 LMD 2001-2 Zone D - - - - 0%-
416 LMD 2001-2 Zone F - - - - 0%-
417 LMD 2001-2 Zone G - - - - 0%-
418 LMD 2001-2 Zone H - - - - 0%-
419 LMD 2001-2 Zone J - - - - 0%-
420 LMD 2001-2 Zone K 4 0 - (0) 0%(0)
421 LMD 2001-2 Zone M - - - - 0%-
422 LMD 2001-3 Zone A - - - - 0%-
423 LMD 2001-3 Zone B - - - - 0%-
424 LMD 2001-3 Zone C - - - - 0%-
425 LMD 2001-3 Zone D - - - - 0%-
426 LMD 2001-3 Zone E - - - - 0%-
427 LMD 2001-3 Zone F - - - - 0%-
428 LMD 2001-3 Zone G - - - - 0%-
429 LMD 2001-3 Zone H - - - - 0%-
430 LMD 2001-3 Zone I 2 (0) - (0) 0%(0)
431 LMD 2001-3 Zone J - - - - 0%-
432 LMD 2001-3 Zone K - - - - 0%-
433 LMD 2001-3 Zone L - - - - 0%-
434 LMD 2001-3 Zone M - - - - 0%-
435 LMD 2001-3 Zone N - - - - 0%-
436 LMD 2001-3 Zone O - - - - 0%-
437 LMD 2001-3 Zone P - - - - 0%-
438 LMD 2001-3 Zone Q - - - - 0%-
439 LMD 2001-3 Zone R - - - - 0%-
440 LMD 2001-3 Zone S 3 0 - - 0%-
441 LMD 2001-3 Zone T - - - - 0%-
442 LMD 2001-3 Zone U - - - - 0%-
443 LMD 2001-3 Zone V - - - - 0%-
444 LMD 2001-3 Zone W - - - - 0%-
445 LMD 2001-3 Zone X - - - - 0%-
446 LMD 2001-3 Zone Y - - - - 0%-
447 LMD 2001-3 Zone Z - - - - 0%-
448 LMD 2001-3 Zone AA - - - - 0%-
449 LMD 2001-3 Zone BB - - - - 0%-
450 LMD 2001-3 Zone CC - - - - 0%-
451 LMD 2001-3 Zone DD - - - - 0%-
452 LMD 2001-3 Zone EE - - - - 0%-
453 LMD 2001-3 Zone FF - - - - 0%-
454 LMD 2001-3 Zone GG - - - - 0%-
455 LMD 2001-3 Zone HH - - - - 0%-
456 LMD 2001-3 Zone II - - - - 0%-
457 LMD 2001-3 Zone JJ - - - - 0%-
458 LMD 2001-3 Zone KK - - - - 0%-
459 LMD 2001-3 Zone LL - - - - 0%-
460 LMD 2001-3 Zone MM - - - - 0%-
461 LMD 2001-3 Zone NN - - - - 0%-
462 LMD 2001-3 Zone OO - - - - 0%-
463 LMD 2001-3 Zone PP - - - - 0%-
464 LMD 2001-3 Zone QQ - - - - 0%-
465 LMD 2001-3 Zone RR - - - - 0%-
466 LMD 2001-3 Zone SS - - - - 0%-
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
Other Funds Summary
*Data includes transfers
Restated
Audited
Actuals
Restated
Unaudited
Actuals
Adjusted
Budget Actuals
Difference,
Budget Versus
Actuals
Description 2019-20 2020-21 2021-22 3/31/2022 2021-22
% Budget
Used
467 LMD 2001-3 Zone TT - - - - 0%-
468 LMD 2001-3 Zone UU - - - - 0%-
469 LMD 2001-3 Zone VV - - - - 0%-
470 LMD 2001-3 Zone WW - - - - 0%-
471 LMD 2001-3 Zone XX - - - - 0%-
472 LMD 2001-3 Zone YY - - - - 0%-
473 LMD 2001-3 Zone ZZ - - - - 0%-
474 LMD 2001-3 Zone AAA - - - - 0%-
475 LMD 2001-3 Zone BBB - - - - 0%-
476 LMD 2001-3 Zone CCC - - - - 0%-
477 LMD 2001-3 Zone DDD - - - - 0%-
478 LMD 2001-3 Zone EEE - - - - 0%-
479 LMD 2001-3 Zone FFF - - - - 0%-
480 LMD 2001-3 Zone GGG - - - - 0%-
481 LMD 2001-3 Zone HHH - - - - 0%-
482 LMD 2001-3 Zone III - - - - 0%-
483 LMD 2001-3 Zone JJJ - - - - 0%-
484 LMD 2001-3 Zone LLL - - - - 0%-
485 LMD 2001-3 Zone MMM - - - - 0%-
486 Illumination District No 2 Subarea 35 - - - - 0%-
487 Illumination District No 2 Subarea 42 - - - - 0%-
488 Illumination District No 2 Subarea 46 - - - - 0%-
489 Illumination District No 2 Subarea 49 - - - - 0%-
490 Illumination District No 2 Subarea 55 - - - - 0%-
500 Debt Service - 468,699 4,277,633 - 0%(4,277,633)
600 Capital Projects 5,491,640 1,520,007 2,054,019 90,111 4%(1,963,908)
700 Information Technology - - 388,652 - 0%(388,652)
Total Other Fund Revenues 12,516,237 8,993,118 19,789,253 7,169,517 36%(12,231,084)
Expenditures
200 Gas Tax 3,245,223$ 4,240,697$ 3,488,576$ 574,418$ 16%(2,914,158)$
205 SB1 1,101,096 1,334,718 1,781,474 86,565 5%(1,694,909)
206 Area Drainage Plan (ADP)- 487 300,000 - 0%(300,000)
210 Measure A 2,643,996 604,674 3,676,549 996,371 27%(2,680,178)
211 TDA Fund - - 432,500 - 0%(432,500)
220 AQMD 57,592 25,430 71,722 107,818 150%36,096
230 Law Enforcement Grants - - - - 0%-
240 Grants: Miscellaneous Grants Fund 494,682 375,658 2,721,652 153,964 6%(2,567,688)
241 Grants: Coronavirus Relief Fund - 788,813 - - 0%-
242 Grants: American Rescue Plan Act Fund - - 4,166,850 - 0%(4,166,850)
243 Public, Educational, or Governmental Access Fund - - - - 0%-
250 Grants: Community Development Block Grant 518,685 - 100,000 - 0%(100,000)
260 Local Law Enforcement Services 106,230 157,746 - - 0%-
270 TUMF Reimbursement Fund - 263,986 2,000,000 199,556 10%(1,800,444)
290 Transportation DIF 4,589 92 3,850 - 0%(3,850)
291 Fire DIF 2,405 - 1,520 - 0%(1,520)
292 Public Facilities DIF 3,020,708 656,148 11,030 - 0%(11,030)
293 Road and Bridge Benefit District - 160,802 240,000 1,149 0%(238,851)
300 LLMD 89-1 Zone 10 1,759 1,414 1,642 59 4%(1,583)
301 LLMD 89-1 Zone 33 2,722 334 982 104 11%(878)
302 LLMD 89-1 Zone 41 13,616 15,601 169,650 20,092 12%(149,558)
303 LLMD 89-1 Zone 79 1,314 1,430 2,505 1,873 75%(632)
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
Other Funds Summary
*Data includes transfers
Restated
Audited
Actuals
Restated
Unaudited
Actuals
Adjusted
Budget Actuals
Difference,
Budget Versus
Actuals
Description 2019-20 2020-21 2021-22 3/31/2022 2021-22
% Budget
Used
304 LLMD 89-1 Zone 85 111 151 2,890 93 3%(2,797)
305 LLMD 89-1 Zone 111 11,039 10,954 23,925 8,016 34%(15,909)
306 LLMD 89-1 Zone 115 8,084 7,143 5,820 6,853 118%1,033
307 LLMD 89-1 Zone 116 3,370 3,786 4,220 3,125 74%(1,095)
308 LLMD 89-1 Zone 147 2,706 3,026 2,675 2,141 80%(534)
309 LLMD 89-1 Zone 151 13,141 14,884 11,535 6,284 54%(5,251)
310 LLMD 89-1 Zone 156 10,999 8,991 9,530 4,382 46%(5,148)
311 Benefit Assessment District 2014-2 2,938 3,233 12,505 3,238 26%(9,267)
312 LLMD 2014-1 1,981 2,187 19,190 2,002 10%(17,188)
313 LLMD 2014-3 2,150 2,374 7,760 2,229 29%(5,531)
314 LLMD 2014-4 818 909 6,560 625 10%(5,935)
315 Community Facilities District 2019-1 17,223 3,208 2,620 2,746 105%126
400 Community Facilities District 2017-1 767 3,282 9,400 2,669 28%(6,731)
401 Community Facilities District 2017-2 767 17,709 25,300 11,813 47%(13,487)
402 Community Facilities District 2020-1 1,534 10,258 90,713 40,061 44%(50,652)
404 LMD 98-2 ANNEX 01/Zone A - - - 304 0%304
405 LMD 98-2 ANNEX 02/Zone B - - - 214 0%214
406 LMD 98-2 ANNEX 03/Zone C - - - 2,277 0%2,277
407 LMD 98-2 ANNEX 04/Zone D - - - 476 0%476
408 LMD 98-2 ANNEX 06/Zone F - - - 634 0%634
409 LMD 2001-1 Zone G - - - 516 0%516
410 LMD 2001-1 Zone S - - - 22 0%22
411 LMD 2001-1 Zone W - - - 59 0%59
412 LMD 2001-2 Zone A - - - 316 0%316
413 LMD 2001-2 Zone B - - - 448 0%448
414 LMD 2001-2 Zone C - - - 446 0%446
415 LMD 2001-2 Zone D - - - 39 0%39
416 LMD 2001-2 Zone F - - - 297 0%297
417 LMD 2001-2 Zone G - - - 91 0%91
418 LMD 2001-2 Zone H - - - 233 0%233
419 LMD 2001-2 Zone J - - - 758 0%758
420 LMD 2001-2 Zone K - - - 495 0%495
421 LMD 2001-2 Zone M - - - 31 0%31
422 LMD 2001-3 Zone A - - - 69 0%69
423 LMD 2001-3 Zone B - - - 302 0%302
424 LMD 2001-3 Zone C - - - 173 0%173
425 LMD 2001-3 Zone D - - - 161 0%161
426 LMD 2001-3 Zone E - - - 378 0%378
427 LMD 2001-3 Zone F - - - 844 0%844
428 LMD 2001-3 Zone G - - - 17 0%17
429 LMD 2001-3 Zone H - - - 256 0%256
430 LMD 2001-3 Zone I - - - 199 0%199
431 LMD 2001-3 Zone J - - - 1,075 0%1,075
432 LMD 2001-3 Zone K - - - 304 0%304
433 LMD 2001-3 Zone L - - - 487 0%487
434 LMD 2001-3 Zone M - - - 374 0%374
435 LMD 2001-3 Zone N - - - 618 0%618
436 LMD 2001-3 Zone O - - - 1,428 0%1,428
437 LMD 2001-3 Zone P - - - 53 0%53
438 LMD 2001-3 Zone Q - - - 292 0%292
439 LMD 2001-3 Zone R - - - 156 0%156
440 LMD 2001-3 Zone S - - - 42 0%42
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
Other Funds Summary
*Data includes transfers
Restated
Audited
Actuals
Restated
Unaudited
Actuals
Adjusted
Budget Actuals
Difference,
Budget Versus
Actuals
Description 2019-20 2020-21 2021-22 3/31/2022 2021-22
% Budget
Used
441 LMD 2001-3 Zone T - - - 63 0%63
442 LMD 2001-3 Zone U - - - 429 0%429
443 LMD 2001-3 Zone V - - - 325 0%325
444 LMD 2001-3 Zone W - - - 478 0%478
445 LMD 2001-3 Zone X - - - 161 0%161
446 LMD 2001-3 Zone Y - - - 45 0%45
447 LMD 2001-3 Zone Z - - - 72 0%72
448 LMD 2001-3 Zone AA - - - 80 0%80
449 LMD 2001-3 Zone BB - - - 55 0%55
450 LMD 2001-3 Zone CC - - - 42 0%42
451 LMD 2001-3 Zone DD - - - 467 0%467
452 LMD 2001-3 Zone EE - - - 479 0%479
453 LMD 2001-3 Zone FF - - - 242 0%242
454 LMD 2001-3 Zone GG - - - 572 0%572
455 LMD 2001-3 Zone HH - - - 121 0%121
456 LMD 2001-3 Zone II - - - 98 0%98
457 LMD 2001-3 Zone JJ - - - 205 0%205
458 LMD 2001-3 Zone KK - - - 38 0%38
459 LMD 2001-3 Zone LL - - - 244 0%244
460 LMD 2001-3 Zone MM - - - 82 0%82
461 LMD 2001-3 Zone NN - - - 130 0%130
462 LMD 2001-3 Zone OO - - - 144 0%144
463 LMD 2001-3 Zone PP - - - 148 0%148
464 LMD 2001-3 Zone QQ - - - 180 0%180
465 LMD 2001-3 Zone RR - - - 79 0%79
466 LMD 2001-3 Zone SS - - - 472 0%472
467 LMD 2001-3 Zone TT - - - 163 0%163
468 LMD 2001-3 Zone UU - - - 85 0%85
469 LMD 2001-3 Zone VV - - - 49 0%49
470 LMD 2001-3 Zone WW - - - 62 0%62
471 LMD 2001-3 Zone XX - - - 201 0%201
472 LMD 2001-3 Zone YY - - - 20 0%20
473 LMD 2001-3 Zone ZZ - - - 500 0%500
474 LMD 2001-3 Zone AAA - - - 87 0%87
475 LMD 2001-3 Zone BBB - - - 362 0%362
476 LMD 2001-3 Zone CCC - - - 270 0%270
477 LMD 2001-3 Zone DDD - - - 713 0%713
478 LMD 2001-3 Zone EEE - - - 473 0%473
479 LMD 2001-3 Zone FFF - - - - 0%-
480 LMD 2001-3 Zone GGG - - - 433 0%433
481 LMD 2001-3 Zone HHH - - - 210 0%210
482 LMD 2001-3 Zone III - - - 94 0%94
483 LMD 2001-3 Zone JJJ - - - 1,001 0%1,001
484 LMD 2001-3 Zone LLL - - - 252 0%252
485 LMD 2001-3 Zone MMM - - - 111 0%111
486 Illumination District No 2 Subarea 35 - - - 177 0%177
487 Illumination District No 2 Subarea 42 - - - 126 0%126
488 Illumination District No 2 Subarea 46 - - - 36 0%36
489 Illumination District No 2 Subarea 49 - - - 175 0%175
490 Illumination District No 2 Subarea 55 - - - 185 0%185
500 Debt Service - 467,960 4,277,632 - 0%(4,277,632)
600 Capital Projects 5,159,176 609,510 3,961,000 613,372 15%(3,347,628)
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
Other Funds Summary
*Data includes transfers
Restated
Audited
Actuals
Restated
Unaudited
Actuals
Adjusted
Budget Actuals
Difference,
Budget Versus
Actuals
Description 2019-20 2020-21 2021-22 3/31/2022 2021-22
% Budget
Used
700 Information Technology - - - 42,309 0%42,309
Total Other Fund Expenditures 16,451,422 9,797,596 27,643,778 2,920,049 11%(24,766,037)
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
Available Resources Summary
Restated Audited
Fund Balance
Restated
Unaudited Fund
Balance
Adjusted
Revenue Budget
Adjusted
Expenditure
Budget
Estimated
Available Balance
Fund Name & Type 2019-20 2020-21 2021-22 2021-22 6/30/2022
GENERAL FUNDS
100 General Fund 36,539,651$ 61,854,162$ 72,188,910$ 36,133,217$ 97,909,855$
TOTAL General Funds 36,539,651 61,854,162 72,188,910 36,133,217 97,909,855
OTHER PURPOSE GENERAL FUNDS
110 Restricted Structural Fire Fund 11,445,158$ 13,238,041$ 7,571,931$ 6,892,484$ 13,917,488$
TOTAL Other Purpose General Funds 11,445,158 13,238,041 7,571,931 6,892,484 13,917,488
SPECIAL REVENUE FUNDS
200 Gas Tax Fund 6,346,814$ 3,543,943$ 1,730,150$ 3,488,576$ 1,785,517$
205 Road Maintenance and Rehabilitation Fund 1,249,341 1,143,195 1,299,400 1,781,474 661,121
206 Area Drainage Plan (ADP)906,050 903,503 8,000 300,000 611,503 210 Measure A Fund 3,120,285 4,350,543 1,507,000 3,676,549 2,180,994 211 TDA Fund - - 432,500 432,500 -
220 Air Quality Management District 427,465 493,791 150,865 71,722 572,934 230 Law Enforcement Grants - - - - - 240 Grants: Miscellaneous Grants Fund 971 (162,796) 2,679,750 2,721,652 (204,698)
241 Grants: Coronavirus Relief Fund - - - - -
242 Grants: American Rescue Plan Act Fund - - 3,680,110 4,166,850 (486,741) 243 Public, Educational, or Governmental Access Fund - - - - - 250 Grants: Community Development Block Grant (7) (7) 165,000 100,000 64,993
260 Local Law Enforcement Services 51 - 120,000 - 120,000
270 TUMF Reimbursement Find (58) (281,100) - 2,000,000 (2,281,100) 290 DIF Transportation Facilities Fund 443,538 310,602 192,500 3,850 499,252 291 DIF Fire Facilities Fund 446,130 500,518 76,000 1,520 574,998
292 DIF Public Facilities Fund 755,431 496,836 551,500 11,030 1,037,306 293 Road and Bridge Benefit District 6,521,727 6,445,412 80,000 240,000 6,285,412 300 LLMD 89-1 Zone 10 (9,154) (7,381) 3,820 1,642 (5,203)
301 LLMD 89-1 Zone 33 28,459 6,464 2,670 982 8,152
302 LLMD 89-1 Zone 41 1,527,671 1,701,381 188,248 169,650 1,719,979 303 LLMD 89-1 Zone 79 15,629 16,580 2,750 2,505 16,825 304 LLMD 89-1 Zone 85 27,806 28,766 3,110 2,890 28,986
305 LLMD 89-1 Zone 111 147,718 162,397 26,070 23,925 164,542
306 LLMD 89-1 Zone 115 (14,759) (19,095) 3,720 5,820 (21,195) 307 LLMD 89-1 Zone 116 54,933 59,745 8,933 4,220 64,458 308 LLMD 89-1 Zone 147 (2,253) (3,448) 1,553 2,675 (4,570)
309 LLMD 89-1 Zone 151 (34,509) (43,000) 7,660 11,535 (46,875) 310 LLMD 89-1 Zone 156 (13,199) (17,467) 5,750 9,530 (21,247) 311 Benefit Assessment District 2014-2 7,184 8,727 12,494 12,505 8,716
312 LLMD 2014-1 5,981 7,576 19,406 19,190 7,792
313 LLMD 2014-3 3,810 4,748 8,370 7,760 5,358 314 LLMD 2014-4 4,559 5,729 6,920 6,560 6,089 315 Community Facilities District 2019-1 (13,051) (6,975) 6,000 2,620 (3,595)
400 Community Facilities District 2017-1 118,478 188,809 34,400 9,400 213,809 401 Community Facilities District 2017-2 14,923 30,523 17,700 25,300 22,923 402 Community Facilities District 2020-1 - 62,605 36,100 90,713 7,992
403 LMD 98-2 ORIGINAL - - - - -
404 LMD 98-2 ANNEX 01/Zone A - - - - - 405 LMD 98-2 ANNEX 02/Zone B - - - - - 406 LMD 98-2 ANNEX 03/Zone C - - - - -
407 LMD 98-2 ANNEX 04/Zone D - - - - - 408 LMD 98-2 ANNEX 06/Zone F - - - - - 409 LMD 2001-1 Zone G - - - - -
410 LMD 2001-1 Zone S - - - - -
411 LMD 2001-1 Zone W - - - - - 412 LMD 2001-2 Zone A - - - - - 413 LMD 2001-2 Zone B - - - - -
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
Available Resources Summary
Restated Audited
Fund Balance
Restated
Unaudited Fund
Balance
Adjusted
Revenue Budget
Adjusted
Expenditure
Budget
Estimated
Available Balance
Fund Name & Type 2019-20 2020-21 2021-22 2021-22 6/30/2022
414 LMD 2001-2 Zone C - - - - - 415 LMD 2001-2 Zone D - - - - -
416 LMD 2001-2 Zone F - - - - -
417 LMD 2001-2 Zone G - - - - - 418 LMD 2001-2 Zone H - - - - - 419 LMD 2001-2 Zone J - - - - -
420 LMD 2001-2 Zone K - - - - - 421 LMD 2001-2 Zone M - - - - - 422 LMD 2001-3 Zone A - - - - -
423 LMD 2001-3 Zone B - - - - -
424 LMD 2001-3 Zone C - - - - - 425 LMD 2001-3 Zone D - - - - - 426 LMD 2001-3 Zone E - - - - -
427 LMD 2001-3 Zone F - - - - - 428 LMD 2001-3 Zone G - - - - - 429 LMD 2001-3 Zone H - - - - -
430 LMD 2001-3 Zone I - - - - -
431 LMD 2001-3 Zone J - - - - - 432 LMD 2001-3 Zone K - - - - - 433 LMD 2001-3 Zone L - - - - -
434 LMD 2001-3 Zone M - - - - -
435 LMD 2001-3 Zone N - - - - - 436 LMD 2001-3 Zone O - - - - - 437 LMD 2001-3 Zone P - - - - -
438 LMD 2001-3 Zone Q - - - - - 439 LMD 2001-3 Zone R - - - - - 440 LMD 2001-3 Zone S - - - - -
441 LMD 2001-3 Zone T - - - - -
442 LMD 2001-3 Zone U - - - - - 443 LMD 2001-3 Zone V - - - - - 444 LMD 2001-3 Zone W - - - - -
445 LMD 2001-3 Zone X - - - - - 446 LMD 2001-3 Zone Y - - - - - 447 LMD 2001-3 Zone Z - - - - -
448 LMD 2001-3 Zone AA - - - - -
449 LMD 2001-3 Zone BB - - - - - 450 LMD 2001-3 Zone CC - - - - - 451 LMD 2001-3 Zone DD - - - - -
452 LMD 2001-3 Zone EE - - - - - 453 LMD 2001-3 Zone FF - - - - - 454 LMD 2001-3 Zone GG - - - - -
455 LMD 2001-3 Zone HH - - - - -
456 LMD 2001-3 Zone II - - - - - 457 LMD 2001-3 Zone JJ - - - - - 458 LMD 2001-3 Zone KK - - - - -
459 LMD 2001-3 Zone LL - - - - -
460 LMD 2001-3 Zone MM - - - - - 461 LMD 2001-3 Zone NN - - - - - 462 LMD 2001-3 Zone OO - - - - -
463 LMD 2001-3 Zone PP - - - - - 464 LMD 2001-3 Zone QQ - - - - - 465 LMD 2001-3 Zone RR - - - - -
466 LMD 2001-3 Zone SS - - - - -
467 LMD 2001-3 Zone TT - - - - - 468 LMD 2001-3 Zone UU - - - - - 469 LMD 2001-3 Zone VV - - - - -
470 LMD 2001-3 Zone WW - - - - - 471 LMD 2001-3 Zone XX - - - - -
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
Available Resources Summary
Restated Audited
Fund Balance
Restated
Unaudited Fund
Balance
Adjusted
Revenue Budget
Adjusted
Expenditure
Budget
Estimated
Available Balance
Fund Name & Type 2019-20 2020-21 2021-22 2021-22 6/30/2022
472 LMD 2001-3 Zone YY - - - - - 473 LMD 2001-3 Zone ZZ - - - - -
474 LMD 2001-3 Zone AAA - - - - -
475 LMD 2001-3 Zone BBB - - - - - 476 LMD 2001-3 Zone CCC - - - - - 477 LMD 2001-3 Zone DDD - - - - -
478 LMD 2001-3 Zone EEE - - - - - 479 LMD 2001-3 Zone FFF - - - - - 480 LMD 2001-3 Zone GGG - - - - -
481 LMD 2001-3 Zone HHH - - - - -
482 LMD 2001-3 Zone III - - - - - 483 LMD 2001-3 Zone JJJ - - - - - 484 LMD 2001-3 Zone LLL - - - - -
485 LMD 2001-3 Zone MMM - - - - - 486 Illumination District No 2 Subarea 35 - - - - - 487 Illumination District No 2 Subarea 42 - - - - -
488 Illumination District No 2 Subarea 46 - - - - -
489 Illumination District No 2 Subarea 49 - - - - - 490 Illumination District No 2 Subarea 55 - - - - - TOTAL Special Revenue Funds 22,087,963 19,931,122 13,068,449 19,405,145 13,594,425
DEBT SERVICE FUND
500 General Debt Service Fund -$ 739$ 4,277,633$ 4,277,632$ 739$
TOTAL Debt Service Fund - 739 4,277,633 4,277,632 739
DEBT SERVICE FUND
600 General Capital Projects Fund 876,485$ 1,786,981$ 2,054,019$ 3,961,000$ (120,000)$ TOTAL Capital Projects Fund 876,485 1,786,981 2,054,019 3,961,000 (120,000)
INTERNAL SERVICE FUNDS
700 Information Technology Reserve Fund -$ - 388,652$ -$ 388,652$
TOTAL Internal Service Funds - - 388,652 - 388,652
TOTAL 70,949,256$ 96,811,044$ 99,549,594$ 70,669,478$ 125,691,159$
GENERAL FUND - FUND BALANCE RESERVES AND COMMITMENTS
Total General Fund Estimated Fund Balance at 06/30/2022 97,909,855$
Assigned:Emergency Contingency (50% of Adopted Appropriations)14,063,031 Total Assigned Reserves 14,063,031
Committed: Facility Construction: Library 10,000,000 Facility Construction: City Hall 20,000,000
Facility Construction: Police Substation 4,000,000
Hamner Place Land Acquisition Final Payment 1,840,000 Pension Liability (CalPERS Reserve)1,620,500 Public Safety Rate Increase Stabilization 1,000,000
38,460,500
Committed Appropriations Limit Qualified Capital Outlay Reserve:
General Fund: Facility Construction: Library - Appropriations Limit 10,595,000
General Fund: Facility Construction: City Hall - Appropriations Limit 18,399,529 General Fund: Limonite Gap Bridge Construction - Appropriations Limit 2,500,000 General Fund: Equipment Purchase, Fire Truck - Appropriations Limit 1,500,000
General Fund: Facility Construction, Fire Station 27 Storage Facility - Appropriations Limit 2,000,000
34,994,529
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
Available Resources Summary
Restated Audited
Fund Balance
Restated
Unaudited Fund
Balance
Adjusted
Revenue Budget
Adjusted
Expenditure
Budget
Estimated
Available Balance
Fund Name & Type 2019-20 2020-21 2021-22 2021-22 6/30/2022
Total General Funds Estimated Unassigned Fund Balance at 06/30/2022 10,391,795$
RESTRICTED STRUCTURAL FIRE FUND - FUND BALANCE RESERVES AND COMMITMENTS
Total Fire Funds Estimated Fund Balance at 06/30/2022 13,917,488$
Assigned:Emergency Contingency (75% of Adopted Appropriations)5,169,363 Total Assigned Reserves 5,169,363
Committed:
Facility Construction: Third Fire Station 8,000,000
Equipment Purchase: Apparatus Replacement Reserve 400,000
8,400,000
Total Fire Funds Estimated Unassigned Fund Balance at 06/30/2022 348,125$
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
Assigned Reserve: Contingency Calculation
Restated Audited
Fund Balance
Restated
Unaudited Fund
Balance
Mid-Year
Adjusted
Revenue Budget
Mid-Year
Adjusted
Expenditure
Budget
Estimated
Available Balance
Fund Name & Type 2019-20 2020-21 2021-22 2021-22 6/30/2022
GENERAL FUNDS
100 General Fund 36,539,651$ 61,854,162$ 72,188,910$ 36,133,217$ 97,909,855$
TOTAL General Funds 36,539,651 61,854,162 72,188,910 36,133,217 97,909,855
Assigned 50% Contingency ReservePolicy: 50% of Annual Budgeted Operating ExpendituresTotal Expenditures 36,133,217 Non-Operating Expenditures 8,007,154
Operating Expenditures 28,126,063
50% Reserve 14,063,031
OTHER PURPOSE GENERAL FUNDS
110 Restricted Structural Fire Fund 11,445,158$ 13,238,041$ 7,571,931$ 6,892,484$ 13,917,488$
TOTAL Other Purpose General Funds 11,445,158 13,238,041 7,571,931 6,892,484 13,917,488
Assigned 75% Contingency ReservePolicy: 75% of Annual Budgeted Operating ExpendituresTotal Expenditures 6,892,484 Non-Operating Expenditures - Operating Expenditures 6,892,484
75% Reserve 5,169,363
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE U UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
Sales Tax Summary
Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year 2021-22
Quarter 2017-18 2018-19 2019-20**2020-21 2021-22 Budget
Quarter 1 2,172,737 2,454,597 2,986,937 2,873,677 10,585,289 52,000,000
Quarter 2 #2,270,942 2,693,017 2,807,803 3,144,645 12,241,575
Quarter 3 1,848,685 2,129,355 2,272,291 10,892,874 10,836,091 Quarterly
Quarter 4 2,005,467 2,332,606 2,281,948 11,208,862 - Budget:
TOTAL Sales Tax 8,297,831 9,609,575 10,348,979 28,120,058 33,662,956 13,000,000
NOTE: Sales tax figures represent sales tax receipts applicable to the quarters indicated. Amounts may not have been
actually received in the quarter indicated, these totals may not be represented in other summary reports included in this
quarterly interim report.
**Sales tax for quarter 1 2019-20 included a late payment from the state applicable to prior quarters, this timing issue is the
result of a state software system conversion. As a result, the amounts for quarter 1 2019-20 appear higher than normal.
# The true up for Quarter 2 ending December 31, 2020 has not been received as of the publish date of this report. It is likely
that the true up payment will be received sometime in the 2021-22 fiscal year.
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov
CITY OF EASTVALE UNAUDITED: 65% Reported
Fiscal Year 2021-22Interim Financial Report | QUARTER THREE ending March 31, 2022 | 9 months
Appropriations Limit Summary
Pre Voter
Approved
Override
Voter Approved
Override
Post Voter
Approved
Override
2017-18 2018-19 2019-20 2020-21 2020-21 2021-22
ADOPTED APPROPRIATIONS LIMIT
Adopted Appropriations Limit 21,455,814$ 23,077,364$ 24,418,797$ 25,794,921$ 33,000,000$ 35,473,578$
Subject Revenue Appropriations
General Fund 10,045,447 15,809,535 17,472,985 17,952,129 41,516,698 54,973,760
Fire Fund 5,055,030 5,346,150 6,285,042 6,406,287 6,406,287 7,298,931
Total Subject Revenue Appropriations 15,100,477 21,155,685 23,758,027 24,358,416 47,922,985 62,272,691
Over(Under) Limit (6,355,337)(1,921,679)(660,770)(1,436,505)14,922,985 26,799,113
Annual Available for Capital Outlay 14,922,985 26,799,113
Cumulative Available for Capital Outlay 41,722,098
Cumulative Available for Capital Outlay Expenditures and Reserves 41,722,098
FY2021-22 Proposed Mid-Year Reserve Commitments
General Fund: Facility Construction Library - Appropriations Limit 10,595,000
General Fund: Facility Construction City Hall - Appropriations Limit 18,399,529
General Fund: Limonite Gap Bridge - Appropriations Limit 2,500,000
General Fund: Equipment, Fire Truck Purchase - Appropriations Limit 1,500,000
General Fund: Facility, Fire Station 27 Storage Facility - Appropriations Limit 2,000,000
Subtotal Capital Outlay Reserve Commitments 34,994,529
FY2021-22 Proposed Mid-Year Capital Outlay Expenditures
Streetlight Debt Pay-Off - Appropriations Limit 4,168,519
Goodman Commerce Sales Tax Abatement Pay-Off - Appropriations Limit 2,559,050
Subtotal Capital Outlay Expenditure Budget 6,727,569
Remaining Appropriations Limit Surplus 0
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov