FISCAL YEAR 2022-23, QUARTER 1 ENDING SEPTEMBER 30, 2022K INDNES S. G R I T . S O LUTI ON S-DRI VE N.
F I SCAL YEAR 2 022 -2 023
INTERIM FINANCIAL REPORT
QUARTER ONE | 3 MONTHS
CITY OF E A S T V A L E
C AL I F ORNI A
Executive Summary
City of Eastvale UNAUDITED Fiscal Year 2022-23 Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months, 25% Reported
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 2
REPORT OVERVIEW
On June 22, 2022, the City Council adopted the Fiscal Year 2022-23 budget. The interim financial report is prepared by the
Finance Department and contains informa�on related to the fiscal year 2022-23 budget and actual ac�vity for revenues
and expenditures for the 3-month period ending September 30, 2022. The figures contained in this report are unaudited
for fiscal year 2021-22 and 2022-23.
QUARTER 1 HIGHLIGHTS: Key changes impacting the city during the first quarter of fiscal year 2022-23
Prior Fiscal Year Notes: The city ended the prior fiscal year with a budget surplus of $34.2 million. The surplus is due
to several factors. The overwhelming majority of the surplus is due to an increase 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 normal annual budget savings through the Riverside Sheriff Office contract
and the City’s use of American Rescue Plan Act grant funds for law enforcement contract costs.
First Quarter Notes: The first quarter of the fiscal year provides the least amount of data on budget performance, as
less than 3 months of expenditure data is likely included in the report. The city pays invoices within a 45-60 day
window, meaning many payments for August and September have not been processed by September 30th.
Addi�onally, most revenues are received a�er the start of the calendar year. As a result, the first quarter report
includes limited data on budget performance.
Fund Balance: The city is projected to complete the year with $125.8 million in fund balance in the General Fund. A
litle over $15.3 million is set aside as an assigned emergency reserve for opera�ons. A total of $98.6 million has been
commited by the City Council for the Civic Center project and other capital reserves. The remaining $10.5 million of
unassigned fund balance is available to cover nega�ve fund balances in other governmental funds. The Fire Fund is
projected to finish the fiscal year with $14.3 million in fund balance. An assigned emergency reserve of $5.7 million is
set aside for opera�ons, an addi�onal $8.0 million is commited for the future third fire sta�on, and $400,000 is
commited as an equipment replacement reserve. This leaves $211,145 of unassigned fund balance.
Sales Tax Monitoring: The Finance department con�nues to monitor revenues closely, par�cularly sales tax. A true-
up payment applicable to quarter two ending December 31, 2020, has not yet been received. HdL originally believed
the true up would be received in the 2021-22 fiscal year, however the State has s�ll not reallocated the payment. The
true-up is es�mated at $8.0 million. More detail regarding sales tax is available in the atachments “General Fund
Opera�ng Summary” and “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, 2021-22 and expects to exceed the limit
for 2022-23. The summary report details the city’s limit and revenues subject to appropria�ons and provides trend
data for the last three fiscal years. The city will con�nue to address the appropria�ons limit implica�ons during the
budget and mid-year processes. The City Council commited funds that exceeded the limit towards capital outlay.
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
Other Funds Revenue and Expenditure Summary
City-Wide Fund Balances
Assigned Reserve, Con�ngency Calcula�on
Appropria�ons Limit Summary
Sales Tax Quarterly Summary
Accounting Methods
Executive Summary
City of Eastvale UNAUDITED Fiscal Year 2022-23 Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months, 25% Reported
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The figures presented in this execu�ve summary and the atached reports reflect general ledger balances as of September
30, 2022. Approximately 25% 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, staff
accrues revenues received and expenditures occurring in the months of July and August back to the month of June. This
matches the transac�on to the period in which revenue was earned or the expenditure occurred. Although June 30, 2022,
has passed the City’s financials have not been finalized. 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 June 30, 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 expenditure
appropria�ons shall not exceed the total of
es�mated revenues. In the adopted fiscal year
2022-23 budget, total General Fund expenditure
appropria�ons did not exceed revenues and the
total budget surplus totaled $24.4 million. Details
regarding the city’s opera�ng statement can be
found on page six and in the Atachment General
Fund Opera�ng Summary.
Net Revenue/Change in Fund Balance - The
General Fund will likely complete the fiscal year
with $24.4 million in net revenue, also called a
budget surplus (revenue minus expenditures), for
the fiscal year 2022-23. These funds have been
allocated towards capital infrastructure reserves;
these reserves were iden�fied during the 2022-23 budget process and adopted by council via resolu�on.
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 monthly es�mated sales tax advance installments 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
General Fund Overview 3-Months Ended September 30, 2022
General Fund
Overview
Adjusted
Budget
Actual
Ac�vity
%
Revenues 63,709,435 4,941,033 8%
Expenditures 39,326,460 926,522 2%
Surplus (Deficit) 24,382,975 4,014,511
0
10
20
30
40
50
60
70
80
2020-21 Actuals 2021-22 Actuals 2022-23 Budget 2022-23 Actuals
To-DateMillionsYear-by-Year Revenue and Expenditures
Revenue
Expenditure
Executive Summary
City of Eastvale UNAUDITED Fiscal Year 2022-23 Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months, 25% Reported
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the fiscal year and as a result, a large por�on of property tax revenues have not yet been received for the fiscal year.
Franchise fees are received quarterly, a�er the quarter ends.
Overall revenues stand at 8% of budget due solely to the issue listed above. Overall, General Fund revenues are at
$4,941,033.
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. Budget currently
stands at $44.0 million. For the first quarter repor�ng
period, no sales tax revenues have been received. Sales
tax is the city’s largest revenue source and for
monitoring purposes staff created an Atachment to
this report �tled Sales Tax Summary. Although taxes
were not received in the repor�ng period, first quarter
taxes have been received as of the publish date of this
quarterly report. First quarter sales taxes came in at
$11.7 million, which is on target with budget
projec�ons. It should be noted that because these
revenues were not received during the first quarter, all
other reports omit these sales tax revenues.
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. Actual revenues are at $74,750
or 2% of budget.
Franchise Fees – This category is typically 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 stand at $4.0 million or 66% of budget. This is due to the
final one-�me Waste Management waste hauler reten�on payment of $4.0 million. These funds have been commited by
the City Council towards the Police Sta�on Construc�on reserve. Regular and recurring franchise fee payments have not
yet been received for the fiscal year.
Licenses, Fees, and Permits – Unlike tax revenues, this category of revenue is received on a daily basis at the city’s front
counter and is comprised of construc�on, planning, building permits and fees, and business registra�on. Overall, this
category is at $534,774 or 21% of budget. Contracted services and employee wages drive the fees charged to private
developers for planning and building fees. Within the category, specific divisions and types of fees performed differently
during the first quarter. Building, planning, and engineering developer fees appear on trend; budget is at 24%, 17%, and
19% respec�vely. Building fixed fees are at 33% of budget and encroachment development fees are on target at 30%.
Legal fees exceeded budget at 35%. Passport services also exceed budget projec�ons at 29%; passport service demand
increased significantly during the pandemic and has con�nued at or above the same level. Business registra�on fees are
lower than expected at 13% of budget; data shows a con�nued drop in home occupancy businesses, likely a result of
con�nued stress from the pandemic.
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 four. As a result,
actuals stand at zero.
Executive Summary
City of Eastvale UNAUDITED Fiscal Year 2022-23 Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months, 25% Reported
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Use of Money and Property – This category is populated investment income. Budget was es�mated at $500,000 and
actuals are at $275,558, or 55% of budget. Staff will likely request a budget appropria�on at mid-year to recognize the
increase in investment earnings.
Transfers In – This category stands at zero. The category consists of transfers-in to the General Fund from other funds.
Transfers include the $293,075 for the city’s cost alloca�on plan (CAP). The CAP is an administra�ve charge to other funds
to help fund the cost of General Fund internal services such as informa�on technology, finance, and human resources.
Overall, General Fund revenues are at $4,941,033 or 8% 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
$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 2022-23 Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months, 25% Reported
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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 $926,522 or 2% of budget.
Detail of Specific Expenditure Categories
Contract Services – This category is the largest category and
includes contracted services for law enforcement, building
and safety, planning, and public works. Currently, actual
expenditures for the total contract category are $288,692 or
15% of budget; total budget for this categ ory is $16.5
million. The largest expenditure within this category is the
Law Enforcement contract with Riverside County Sheriff;
budget for law enforcement totals $12.9 million. Other
major contracts in this category are animal control, crossing
guards, legal services, and support services for all major
departments. Many invoices for services have not been
processed as of September 30th; as a result, this category
appears unusually low.
Personnel – The personnel category contains the salary and
benefit costs for city employees. This category generated
actual expenditures at $1,287,422 or 16% of budget. Staff expects to see savings in this category due to new posi�ons
remaining vacant during recruitment during the first quarter, including three building inspector posi�ons that remained
vacant for the en�re prior fiscal year, a support posi�on in Community Development, an analyst posi�on in Human
Resources and several posi�ons in Finance. The savings in Building and Community Development will be u�lized to offset
contract services in those departments due to the need to contract for services while the posi�ons remained vacant.
Opera�ons – Opera�ons is a broad category including supplies, adver�sing, u�li�es, postage, and janitorial. Actual
expenditures in this category are at ($729,171) or (17%) of budget. This is due to a Government Accoun�ng Standards
Board (GASB) required accoun�ng entry totaling $1.3 million from the prior year that recognizes the difference in the book
and market value of investments, known as unrealized gain or loss. Net of the entry, opera�ons stand at $575,904 or 13%
of budget.
Capital Outlay – Capital outlay consists of office equipment, computer hardware, so�ware, furniture, and fixtures with a
cost greater than $5,000. This category is at $19,782 or 9% of budget.
Debt Service – Debt service in the General Fund accounts for the revenue neutrality agreement with Riverside County.
The agreement was 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 County
invoices the city towards the end of the fiscal year, as a result, actuals stands at zero.
Transfers-Out – The transfers-out category in the General Fund accounts for the movement of cash from the General Fund
to another fund. Budget includes $9.0 million in transfers out to the General Capital Improvement Fund, $915,000 for
capital maintenance reserves, and $31,370 for General Fund benefit contribu�ons for several Landscape and Ligh�ng
Maintenance Districts and one Benefit Assessment District. This benefit contribu�on and the capital maintenance reserve
contribu�ons are the only opera�ng transfers within the category.
Overall, the General Fund is at $926,522 or 2% of expenditure budget.
Contract Services42%
Transfers Out 25%
Personnel
20%
Operations11%
Debt Service
1%
Maintenance
1%
Capital
Outlay 1%
Expenditure Budget Breakdown
Executive Summary
City of Eastvale UNAUDITED Fiscal Year 2022-23 Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months, 25% Reported
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GENERAL FUND OPERATING STATEMENT
General Fund Operating Statement - The General
Fund is currently expected to generate $29,309,435
in operating revenues and $30,752,810 in operating
expenditures. Operating expenditures exceed
revenues and as a result, the General Fund has an
operating deficit of $1,443,375. On the non-
operating side, $34,400,000 in non-operating
revenues and $8,573,650 in non-operating
expenditures are budgeted. Non-operating
revenues exceed expenditures and as a result, the General Fund has a non-operating surplus of $25,826,350 and the city
is utilizing these non-operating revenues to support operating costs. Non-operating revenues are comprised of two
sources of revenue, sales tax and franchise fees. The sales tax revenue represents a local business in the business and
industry category that changed business structure and as a result county pool sales tax was redistributed to host cities. At
this time, staff considers this new sales tax source as one-time and non-operating in nature as the stability of the revenue
is unknown. As a result, the revenue will be set aside for future capital improvement projects, such as the city’s civic center
development at the Leal Property. The franchise fees represent a one-time waste hauler retention payment. Non-
operating expenditures consist of unrealized losses on the city’s investments, totaling $1.3 million. This entry will be
reversed as of July 1, 2022, and have no material impact to the city’s cash on hand, however the entry will be reflected on
the city’s financial statements. As of September 30th, total net revenue is $4,014,511.
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
is considered General Fund monies; however, it has been
restricted by Riverside County through the city’s revenue
neutrality agreement and therefore is separated from the city’s
unrestricted General Fund.
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 1% of budget or $4,925. Property tax is the largest single
source of revenue for the Fire Fund.
Licenses, permits, and fees are at 13% of budget, primarily due to a decrease in fire plan check permits.
Investment income populates the category of use of money and property. Budget was es�mated at $100,000 and actuals
are at $39,200 or 39% of budget. Staff will likely request a budget appropria�on at mid-year to recognize the increase in
investment earnings.
Overall, Fire Fund revenues are at 1% of budget.
Expenditures – The first quarter invoice for Riverside County Fire contract services has not been received as of the publish
date of this report. As a result, contract services are at $2,881 or 1% of budget. Riverside County and CalFIRE have
reported an es�mated 6% increase in contract costs for the current year. The increase is due to labor nego�a�ons and a
resul�ng reduc�on in the hours worked by safety staff. This will cause a need for addi�onal staff and a subsequent increase
in contract costs. Addi�onally, CalFIRE staff will receive cost of living increases retroac�ve to the start of the fiscal year.
Opera�ons is a broad category including supplies, adver�sing, u�li�es, postage, and janitorial.
General Fund Operating Statement as of 09/30/2022
Operating Revenue Actuals 941,033
Operating Expenditure Actuals 2,233,597
Operating Surplus (1,292,564)
Non-Operating Revenue Actuals 4,000,000 Non-Operating Expenditure Actuals (1,307,075)
Non-Operating Surplus (1,307,075)
Net Revenue 4,014,511
Fire Fund Overview 3-Months Ended September 30, 2022
General Fund
Overview
Adjusted
Budget
Actual
Ac�vity
%
Revenues 8,008,000 58,255 1%
Expenditures 7,678,200 (206,335) (3%)
Surplus (Deficit) 329,800 264,590
Executive Summary
City of Eastvale UNAUDITED Fiscal Year 2022-23 Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months, 25% Reported
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Maintenance and opera�ons actuals are at 14%
and (72%) respec�vely. Maintenance and
opera�ons include building maintenance,
vehicle maintenance and fuel, and u�li�es.
Actual expenditures in the oepra�ons category
are at ($220,635) or (72%) of budget. This is due
to a Government Accoun�ng Standards Board
(GASB) required accoun�ng entry totaling
$241,817 from the prior year that recognizes the
difference in the book and market value of
investments, known as unrealized gain or loss.
Net of the entry, opera�ons stand at $21,182 or
7% of budget.
Overall, the Fire Fund is at ($206,335) or (3%) of
expenditure budget, mostly due to the first
quarter CalFIRE invoice remaining outstanding
and the required GASB entry.
Net Revenue – The Fire Fund is currently projected to complete the fiscal year with $264,590 in net revenue, also called
a budget surplus, for the fiscal year 2022-23.
OTHER FUND OBSERVATIONS
The city’s other funds consist of governmental special revenue funds and six funds solely consis�ng of General Fund
contribu�ons, the Capital Projects Fund, the Debt Service Fund, and four capital replacement reserve funds. These funds
were created in order to track capital projects funded by the General Fund and debt.
MAJOR SPECIAL REVENUE FUNDS
Capital Projects Fund – This fund was considered a major fund for the 2021-22 financial audit. Revenues are solely from
the General Fund and the purpose of the fund is to track specific one-�me general-fund capital improvement projects.
The fund holds adequate fund balance to cover budgeted expenditures and does not build fund balance over �me. Major
projects for the fiscal year include the Limonite Gap Bridge, I-15 Corridor Landscaping Improvement, Prado Dam
Inunda�on U�lity Mi�ga�on, Hamner Place Beau�fica�on, Civic Center Design, and Citrus Property Modular Offices.
NEGATIVE FUND BALANCE IN SPECIAL REVENUE FUNDS
Several special revenue funds currently have and are projected to complete the year with nega�ve fund balance.
According to GASB requirements the General Fund will be required to cover those nega�ve fund balances at the end of
the fiscal year. Gas Tax is projected to complete the fiscal year with a nega�ve fund balance, this was a Capital
Improvement Plan over-budge�ng error that will be corrected during the mid-year process. The TDA fund is also projected
to finish the fiscal year with a nega�ve fund balance. During the audit process, Finance staff discovered that TDA projects
and funding were incorrectly budgeted in the Miscellaneous Grants Fund. A correc�on will be processed during the Mid-
Year process. The Miscellaneous Grants Fund is projected to have a significant nega�ve fund balance of $11.4 million. This
fund is reimbursed in two ways, progress payments at certain milestone points during projects or a�er projects are
completed. Currently, the fund has outstanding milestone and completed project reimbursements. Public Works is
working on submi�ng reimbursement requests. The TUMF Reimbursement Fund has a comparable situa�on as the
Miscellaneous Grants Fund and the city is wai�ng to receive reimbursements. The city transferred over 88 ligh�ng
-1
0
1
2
3
4
5
6
7
8
9
2020-21 Actuals 2021-22 Actuals 2022-23 Budget 2022-23 Actuals
To-DateMillionsYear-by-Year Revenue and Expenditures
Revenue Expenditure
Executive Summary
City of Eastvale UNAUDITED Fiscal Year 2022-23 Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months, 25% Reported
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 9
maintenance districts and illumina�on districts from Jurupa Community Services District in the current fiscal year and
several of those districts arrived with nega�ve fund balance. The General Fund will contribute to those funds to cover the
nega�ve fund balance.
A Note Regarding Government Accounting and Budgeting
Most agencies manage governmental funds and budgets 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: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
General Fund Summary by Category Restated
Audited
Actuals
Restated
Unaudited
Actuals
Adjusted
Budget Actuals
Amount
Over(Under)
Budget
Description 2020-21 2021-22 2022-23 9/30/2022 2022-23
GENERAL FUND
Revenues
Property Taxes 3,526,028$ 3,662,139$ 3,609,500$ 74,750$ 2%(3,534,750)$
Sales & Use Tax 28,120,058 44,710,286 44,000,000 - 0%(44,000,000)
Franchise Fees 5,937,579 1,971,912 6,073,000 4,000,000 66%(2,073,000)
Property Transfer Tax 0 0 - - 0 -
License, Permits & Fees 2,885,193 2,333,526 2,497,800 534,774 21%(1,963,026)
Fines, Penalties & Forfeitures 583,856 567,641 586,000 44,357 8%(541,643)
Intergovernmental 5,804,854 6,367,511 5,725,000 - 0%(5,725,000)
Use of Money & Property 1,102,678 151,235 500,000 275,558 55%(224,442)
Miscellaneous 237,295 772,062 425,060 11,594 3%(413,466)
Transfers In 17,886 7,417,458 293,075 - 0%(293,075)
Total General Fund Revenues 48,215,427 67,953,770 63,709,435 4,941,033 8%(58,768,402)
Expenditures
Salaries 2,642,258$ 3,827,275$ 5,694,000$ 989,099$ 17%(4,704,901)$
Benefits 1,081,972 1,358,889 1,997,230 298,322 15%(1,698,908)
Contract Services 12,106,951 13,945,325 16,528,150 288,692 2%(16,239,458)
Maintenance 105,619 205,290 296,093 59,797 20%(236,296)
Operations 2,644,003 4,492,662 4,343,160 (729,171) -17%(5,072,331)
Capital Outlay 242,536 187,826 228,000 19,782 9%(208,218)
Debt Service 1,130,459 3,109,421 278,100 - 0%(278,100)
Transfers Out 1,989,214 6,597,427 9,961,727 - 0%(9,961,727)
Total General Fund Expenditures 21,943,011 33,724,114 39,326,460 926,522 2%(38,399,938)
NET REVENUE 26,272,415 34,229,656 24,382,975 4,014,511
OTHER PURPOSE GENERAL FUNDSRESTRICTED STRUCTURAL FIRE FUND
Revenues
Property Taxes (Restricted for Fire Services)7,289,292$ 7,601,854$ 7,785,000$ 4,925$ 0%(7,780,075)$
Sales & Use Tax 0 0 - - 0 -
Franchise Fees 0 0 - - 0 -
Other Taxes 0 0 - - 0 -
License, Permits & Fees 154,718 94,451 110,000 14,130 13%(95,870)
Fines, Penalties & Forfeitures 25,979 0 13,000 - 0%(13,000)
Intergovernmental 0 0 - - 0 -
Use of Money & Property 2,927 (1,616)100,000 39,200 39%(60,800)
Miscellaneous 0 0 - - 0 -
Transfers 167,660 0 - - 0 -
Total Fire Fund Revenues 7,640,575 7,694,689 8,008,000 58,255 1%(7,949,745)
Expenditures
Salaries 797$ 808$ -$ -$ 0 -$
Benefits 107 0 - - 0 -
Contract Services 5,463,946 5,654,282 6,963,500 2,881 0%(6,960,619)
Maintenance 52,275 56,463 80,000 11,418 14%(68,582)
Operations 78,136 447,634 304,600 (220,635) -72%(525,235)
Capital Outlay 0 38,200 52,000 - 0%(52,000)
Debt Service 252,432 262,228 278,100 - 0%(278,100)
Transfers Out 0 0 - - 0 -
Total General Fund Expenditures 5,847,693 6,459,615 7,678,200 (206,335) -3%(7,884,535)
NET REVENUE 1,792,882 1,235,074 329,800 264,590
% Budget
Used
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 10
CITY OF EASTVALE UNAUDITED: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
General Fund Summary by Departments
Restated
Audited Actuals
Restated
Unaudited
Actuals
Adjusted
Budget Actuals
Amount
Over(Under)
Budget
Description 2020-21 2021-22 2022-23 9/30/2022 2022-23
GENERAL FUND
Revenues
General Services
Non Departmental 44,774,936$ 65,076,959$ 60,680,635$ 4,370,272$ 7%(56,310,363)$
City Clerk 42,702 54,411 48,150 17,781 37%(30,369)
City Manager 6,056 10,258 - - 0%-
Finance 160,501 126,297 216,150 11,510 5%(204,640)
General Government - - - - 0%-
City Attorney 23,730 80,205 48,000 16,603 35%(31,397)
Subtotal General Services 45,007,925 65,348,130 60,992,935 4,416,167 7%(56,576,768)
Community Development
Community Development 418,610$ 1,064,186$ 1,237,000$ 250,265$ 20%(986,735)$
Subtotal Community Development 418,610 1,064,186 1,237,000 250,265 20%(986,735)
Community Safety
Community Safety 2,154,008$ 905,318$ 839,000$ 244,064$ 29%(594,936)$
Subtotal Community Safety 2,154,008 905,318 839,000 244,064 29%(594,936)
Public Safety
Public Safety 634,885$ 636,137$ 640,500$ 30,537$ 5%(609,963)$
Subtotal Public Safety 634,885 636,137 640,500 30,537 5%(609,963)
Total General Fund Revenues 48,215,427 67,953,770 63,709,435 4,941,033 8%(58,768,402)
Expenditures
General Services
100 City Council 133,393$ 224,419$ 152,570$ 31,340$ 21%(121,230)$
110 City Attorney 299,975 317,860 352,400 44,531 13%(307,869)
120 City Clerk 420,701 444,667 576,600 103,540 18%(473,060)
200 City Manager 613,963 609,470 651,700 91,433 14%(560,267)
210 Finance 708,666 910,324 1,293,050 192,540 15%(1,100,510)
220 Talent Attraction and Development 485,963 651,178 871,900 113,986 13%(757,914)
230 Risk Management 164,653 386,678 360,200 377,903 105%17,703
240 Information Technology 411,918 304,454 341,100 53,291 16%(287,809)
260 Communications 253,125 244,365 355,250 54,416 15%(300,834)
290 General Government 3,535,350 11,394,573 10,743,857 (1,264,158) -12%(12,008,015)
295 Building Maintenance 357,011 467,728 599,302 121,071 20%(478,231)
720 Events 0 682,857 881,560 89,431 10%(792,129)
Subtotal General Services 7,384,719 16,638,573 17,179,489 9,324 0%(17,170,165)
Community Development
301 Administration 562,236$ 1,108,869$ 2,011,500$ 175,821$ 9%(1,835,679)$
300 Planning 541,489 610,794 862,210 119,219 14%(742,991)
320 Engineering 504,724 1,447,314 2,192,390 184,419 8%(2,007,971)
500 Public Works 415,523 368,711 703,491 21,524 3%(681,966)
600 Landscaping 0 1,074 - 7,818 0%7,818
Subtotal Community Development 2,023,972 3,536,763 5,769,591 508,802 9%(5,260,789)
Community Safety
311 Administration -$ 19,679$ 453,030$ 30,918$ 7%(422,112)$
310 Building Safety 2,122,378 1,337,997 1,522,150 124,710 8%(1,397,440)
330 Community Enhancement & Safety 663,285 764,036 1,020,750 179,474 18%(841,276)
Subtotal Community Safety 2,785,663 2,121,711 2,995,930 335,101 11%(2,660,829)
% Budget
Used
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 11
CITY OF EASTVALE UNAUDITED: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
General Fund Summary by Departments
Restated
Audited Actuals
Restated
Unaudited
Actuals
Adjusted
Budget Actuals
Amount
Over(Under)
Budget
Description 2020-21 2021-22 2022-23 9/30/2022 2022-23
% Budget
Used
Public Safety
400 Law Enforcement 9,557,446$ 11,097,700$ 12,943,390$ 73,294$ 1%(12,870,096)$
430 Animal Control 167,648 233,268 336,000 - 0%(336,000)
440 Crossing Guards 23,563 96,099 102,060 - 0%(102,060)
Subtotal Public Safety 9,748,658 11,427,066 13,381,450 73,294 1%(13,308,156)
Total General Fund Expenditures 21,943,011 33,724,114 39,326,460 926,522 2%(38,399,938)
TOTAL NET REVENUE 26,272,415 34,229,656 24,382,975 4,014,511
OTHER PURPOSE GENERAL FUNDS
RESTRICTED STRUCTURAL FIRE FUND
Revenues
Property Taxes (Restricted for Fire Serv 7,289,292$ 7,601,854$ 7,785,000$ 4,925$ 0%(7,780,075)$
Sales & Use Tax - - - - 0%-
Franchise Fees - - - - 0%-
Other Taxes - - - - 0%-
License, Permits & Fees 154,718 94,451 110,000 14,130 13%(95,870)
Fines, Penalties & Forfeitures 25,979 - 13,000 - 0%(13,000)
Intergovernmental - - - - 0%-
Use of Money & Property 2,927 (1,616) 100,000 39,200 39%(60,800)
Miscellaneous - - - - 0%-
Transfers 167,660 - - - 0%-
Total Fire Fund Revenues 7,640,575 7,694,689 8,008,000 58,255 1%(7,949,745)
Expenditures
Public Safety
290 General Government 253,044$ 504,045$ 278,100$ (241,817)$ -87%(519,917)$
295 Building Maintenance 15,032 184,581 218,100 32,587 15%(185,513)
320 Engineering 256 808 - - 0%-
420 Fire Services 5,579,360 5,770,182 7,182,000 2,894 0%(7,179,106)
Total Fire Fund Expenditures 5,847,693 6,459,615 7,678,200 (206,335)-3%(7,884,535)
TOTAL FIRE FUND NET REVENUE 1,792,882 1,235,074 329,800 264,590
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 12
CITY OF EASTVALE UNAUDITED: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
General Fund Operating Summary
Restated
Audited
Actuals
Restated
Unaudited
Actuals
Adjusted
Budget Actuals
Amount
Over(Under)
Budget
Description 2020-21 2021-22 2022-23 9/30/2022 2022-23
GENERAL FUND
Operating Revenues
Property Taxes 3,526,028$ 3,662,139$ 3,609,500$ 74,750$ 2%(3,534,750)$
Sales & Use Tax 11,620,058 11,910,286 13,600,000 - 0%(13,600,000)
Franchise Fees $1,937,579 1,971,912 2,073,000 - 0%(2,073,000)
Property Transfer Tax - - 0 - 0 -
License, Permits & Fees 2,885,193 2,333,526 2,497,800 534,774 21%(1,963,026)
Fines, Penalties & Forfeitures 583,856 567,641 586,000 44,357 8%(541,643)
Intergovernmental 5,804,854 6,367,511 5,725,000 - 0%(5,725,000)
Use of Money & Property 1,864,309 557,371 500,000 275,558 55%(224,442)
Miscellaneous (719,323) 772,062 425,060 11,594 3%(413,466)
Transfers In 17,886 57,239 293,075 - 0%(293,075)
Total General Fund Operating Revenues 27,520,440 28,199,687 29,309,435 941,033 3%(28,368,402)
Operating Expenditures
Salaries 2,642,258$ 3,827,275$ 5,694,000$ 989,099$ 17%(4,704,901)$
Benefits 1,081,972 1,358,889 1,997,230 298,322 15%(1,698,908)
Contract Services 12,106,951 13,945,325 16,528,150 288,692 2%(16,239,458)
Maintenance 105,619 205,290 296,093 59,797 20%(236,296)
Operations 2,644,003 3,187,587 4,343,160 577,904 13%(3,765,256)
Capital Outlay (714,082) 187,826 228,000 19,782 9%(208,218)
Debt Service 1,130,459 1,250,371 278,100 - 0%(278,100)
Transfers Out 466,884 735,475 1,388,077 - 0%(1,388,077)
Total General Fund Expenditures 19,464,063 24,698,037 30,752,810 2,233,597 7%(28,519,213)
NET OPERATING REVENUE 8,056,376 3,501,650 (1,443,375) (1,292,564)
Non-Operating Revenues
Franchise Fees (Retention Fees)$4,000,000 -$ 4,000,000$ 4,000,000$ 100%-$
Sales Tax 16,500,000 32,800,000 30,400,000 - 0%(30,400,000)
Miscellaneous GASB 87 956,618 - - - 0%-
Use of Money and Property (Unrealized Gain)(761,631) (406,136) - - 0%-
Transfers In (ARPA SLFRF)- 7,360,219 - - 0%-
Total General Fund Non-Operating Revenues $20,694,987 39,754,083 34,400,000 4,000,000 12%(30,400,000)
Non-Operating Expenditures
Operations (Unrealized Loss)-$ 1,305,075$ -$ -$ 0%-$
Capital Outlay (GASB 87)956,618 - - - 0%-
Debt Service (Tarpon Properties Payoff)- 1,859,050 - - 0%-
Unrealized Loss (Use of Money and Property)- - - (1,307,075) 0%
Transfers Out (Streetlight Payoff)2,330 3,808,933 - - 0%-
Transfers Out (Capital Replacement Reserves)915,000 - 0%(915,000)
Transfers Out (CIP)1,520,000 2,053,019 7,658,650 - 0%(7,658,650)
Total General Fund Non-Operating Expenditures 2,478,948 9,026,077 8,573,650 (1,307,075) -15%(8,573,650)
NET NON-OPERATING REVENUE 18,216,039 30,728,006 25,826,350 5,307,075
%
Budget
Used
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 13
CITY OF EASTVALE UNAUDITED: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
General Fund Operating Summary
Restated
Audited
Actuals
Restated
Unaudited
Actuals
Adjusted
Budget Actuals
Amount
Over(Under)
Budget
Description 2020-21 2021-22 2022-23 9/30/2022 2022-23
%
Budget
Used
OTHER PURPOSE GENERAL FUNDS
RESTRICTED STRUCTURAL FIRE FUND
Operating Revenues
Property Taxes (Restricted for Fire Services)7,289,292$ 7,601,854$ 7,785,000$ 4,925$ 0%(7,780,075)$
Sales & Use Tax 0 0 0 - 0 -
Franchise Fees 0 0 0 - 0 -
Other Taxes 0 0 0 - 0 -
License, Permits & Fees 154,718 94,451 110,000 14,130 13%(95,870)
Fines, Penalties & Forfeitures 25,979 0 13,000 - 0%(13,000)
Intergovernmental 0 0 0 - 0 -
Use of Money & Property 244,113 (1,616)100,000 39,200 39%(60,800)
Miscellaneous 0 0 0 - 0 -
Transfers (0)0 0 - 0 -
Total Fire Fund Revenues 7,714,101 7,694,689 8,008,000 58,255 1%(7,949,745)
Operating Expenditures
Salaries 797$ 808$ -$ -$ 0 -$
Benefits 107 0 0 - 0 -
Staff Development 0 0 0 - 0 -
Contract Services 5,463,946 5,654,282 6,963,500 2,881 0%(6,960,619)
Maintenance 52,275 56,463 80,000 11,418 14%(68,582)
Operations 78,136 447,634 304,600 21,182 7%(283,418)
Capital Outlay 0 38,200 25,000 - 0%(25,000)
Debt Service 252,432 262,228 278,100 - 0%(278,100)
Transfers Out 0 0 0 - 0 -
Subtotal Fire Fund Expenditures 5,847,693 6,459,615 7,651,200 35,482 0%(7,615,718)
NET OPERATING REVENUE 1,866,408 1,235,074 356,800 22,773
Non-Operating Revenues
Use of Money and Property (Unrealized Gain)(241,186)$ - -$ 0%-$
Transfers In 167,660 - - 0%-
Total Fire Fund Non-Operating Revenues (73,526) - - - 0%-
Non-Operating Expenditures
CIP (Vehicle Purchase)-$ -$ 27,000 -$ 0%(27,000)$
Unrealized Loss (Use of Money and Property)- - - (241,817) 0%(241,817)
Total Fire Fund Non-Operating Expenditures - - 27,000 (241,817) -11%(268,817)
NET NON-OPERATING REVENUE (73,526) - (27,000) (241,817)
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 14
CITY OF EASTVALE UNAUDITED: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
Other Funds Summary
*Data includes transfers Restated
Audited
Actuals
Restated
Unaudited
Actuals Adjusted Budget Actuals
Amount
Over(Under)
Budget
Description 2020-21 2021-22 2022-23 9/30/2022 2022-23
OTHER FUNDS
Revenues
200 Gas Tax 1,437,826$ 1,604,905$ 1,907,980$ 339,556$ 18%1,568,424$
205 SB1 1,228,573 1,378,406 1,505,500 2,315 0%1,503,185
206 Area Drainage Plan (ADP)(2,060) (493) 8,000 2,291 29%5,709
210 Measure A 1,834,932 2,189,098 2,032,000 11,967 1%2,020,033
211 TDA Fund - - - - 0%-
220 AQMD 91,756 143,575 122,000 1,315 1%120,685
230 Grants: Law Enforcement Grants - - - - 0%-
240 Grants: Miscellaneous Grants Fund 390,183 668,027 7,793,400 125,000 2%7,668,400
241 Grants: Coronavirus Relief Fund 788,813 - - - 0%-
242 Grants: American Rescue Plan Act Fund - 7,360,219 3,680,109 - 0%3,680,109
243 Public, Educational, or Governmental Access Fund 515 2,188 1,400 - 0%1,400
250 Grants: Community Development Block Grant - - 165,000 - 0%165,000
260 Local Law Enforcement Services 157,695 165,428 160,000 - 0%160,000
270 TUMF Reimbursement Fund - - 4,050,000 - 0%4,050,000
290 Transportation DIF 115,440 119,761 152,000 428,790 282%(276,790)
291 Fire DIF 54,388 46,690 64,800 34,901 54%29,899
292 Public Facilities DIF 397,553 102,648 201,200 39,603 20%161,597
293 Road and Bridge Benefit District 84,487 454,300 30,000 16,139 54%13,861
300 LLMD 89-1 Zone 10 3,188 3,820 4,740 - 0%4,740
301 LLMD 89-1 Zone 33 (21,661) 1,171 1,720 19 1%1,701
302 LLMD 89-1 Zone 41 188,123 171,435 44,615 4,646 10%39,969
303 LLMD 89-1 Zone 79 2,367 2,593 1,380 42 3%1,338
304 LLMD 89-1 Zone 85 1,091 3,008 295 80 27%215
305 LLMD 89-1 Zone 111 25,513 23,997 22,140 432 2%21,708
306 LLMD 89-1 Zone 115 2,807 3,726 4,095 - 0%4,095
307 LLMD 89-1 Zone 116 8,553 8,031 7,130 159 2%6,971
308 LLMD 89-1 Zone 147 198 1,552 1,710 - 0%1,710
309 LLMD 89-1 Zone 151 6,393 7,659 9,510 - 0%9,510
310 LLMD 89-1 Zone 156 4,722 5,750 7,140 - 0%7,140
311 Benefit Assessment District 2014-2 4,776 12,563 10,988 32 0%10,956
312 LLMD 2014-1 3,781 19,499 17,794 44 0%17,750
313 LLMD 2014-3 3,313 8,489 6,904 19 0%6,885
314 LLMD 2014-4 2,078 6,850 5,864 26 0%5,839
315 Community Facilities District 2019-1 9,284 10,162 6,000 - 0%6,000
400 Community Facilities District 2017-1 73,612 74,687 35,320 685 2%34,635
401 Community Facilities District 2017-2 33,308 43,192 22,160 148 1%22,012
402 Community Facilities District 2020-1 72,863 73,498 36,100 143 0%35,957
403 LMD 98-2 ORIGINAL - 16,635 6,250 53 1%6,197
404 LMD 98-2 ANNEX 01/Zone A - 2,006 4,460 - 0%4,460
405 LMD 98-2 ANNEX 02/Zone B - 41,892 91,370 40 0%91,330
406 LMD 98-2 ANNEX 03/Zone C - 4,299 9,340 - 0%9,340
407 LMD 98-2 ANNEX 04/Zone D - 6,233 13,620 - 0%13,620
408 LMD 98-2 ANNEX 06/Zone F - 29,516 13,990 94 1%13,896
409 LMD 2001-1 Zone G - 1,862 - 6 0%(6)
410 LMD 2001-1 Zone S 0 2,420 1,040 7 1%1,033
411 LMD 2001-1 Zone W - 20,337 1,260 46 4%1,214
412 LMD 2001-2 Zone A - 49,149 14,700 162 1%14,538
413 LMD 2001-2 Zone B - 26,356 17,320 83 0%17,237
414 LMD 2001-2 Zone C - 1,423 9,740 4 0%9,736
415 LMD 2001-2 Zone D - 17,303 1,050 54 5%996
% Budget
Used
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 15
CITY OF EASTVALE UNAUDITED: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
Other Funds Summary
*Data includes transfers Restated
Audited
Actuals
Restated
Unaudited
Actuals Adjusted Budget Actuals
Amount
Over(Under)
Budget
Description 2020-21 2021-22 2022-23 9/30/2022 2022-23
% Budget
Used
416 LMD 2001-2 Zone F - 3,128 6,440 9 0%6,431
417 LMD 2001-2 Zone G - 26,486 1,710 88 5%1,622
418 LMD 2001-2 Zone H - 39,891 9,590 124 1%9,466
419 LMD 2001-2 Zone J - 27,374 14,420 85 1%14,335
420 LMD 2001-2 Zone K 0 1,954 9,970 3 0%9,967
421 LMD 2001-2 Zone M - 2,315 1,710 7 0%1,703
422 LMD 2001-3 Zone A - 3,901 9,790 - 0%9,790
423 LMD 2001-3 Zone B - 3,372 7,300 - 0%7,300
424 LMD 2001-3 Zone C - 22,478 7,860 77 1%7,783
425 LMD 2001-3 Zone D - 45,713 16,280 155 1%16,125
426 LMD 2001-3 Zone E - 100,204 35,340 339 1%35,001
427 LMD 2001-3 Zone F - 38,201 13,600 135 1%13,465
428 LMD 2001-3 Zone G - 3,433 7,950 3 0%7,947
429 LMD 2001-3 Zone H - 15,451 5,650 51 1%5,599
430 LMD 2001-3 Zone I 0 61,716 21,630 198 1%21,432
431 LMD 2001-3 Zone J - 17,644 6,390 57 1%6,333
432 LMD 2001-3 Zone K - 18,021 6,630 54 1%6,576
433 LMD 2001-3 Zone L - 19,057 7,070 60 1%7,010
434 LMD 2001-3 Zone M - 55,807 20,040 186 1%19,854
435 LMD 2001-3 Zone N - 40,800 17,900 116 1%17,784
436 LMD 2001-3 Zone O - 6,576 2,560 22 1%2,538
437 LMD 2001-3 Zone P - 38,497 13,520 131 1%13,389
438 LMD 2001-3 Zone Q - 15,405 5,580 52 1%5,528
439 LMD 2001-3 Zone R - 1,849 1,010 6 1%1,004
440 LMD 2001-3 Zone S 0 7,430 2,880 25 1%2,855
441 LMD 2001-3 Zone T - 57,013 19,620 194 1%19,426
442 LMD 2001-3 Zone U - 37,570 13,460 127 1%13,333
443 LMD 2001-3 Zone V - 63,337 21,820 215 1%21,605
444 LMD 2001-3 Zone W - 19,463 7,070 66 1%7,004
445 LMD 2001-3 Zone X - 5,519 2,210 19 1%2,191
446 LMD 2001-3 Zone Y - 9,212 3,460 31 1%3,429
447 LMD 2001-3 Zone Z - 10,185 3,810 35 1%3,775
448 LMD 2001-3 Zone AA - 6,467 2,520 22 1%2,498
449 LMD 2001-3 Zone BB - 6,006 2,290 20 1%2,270
450 LMD 2001-3 Zone CC - 23,574 8,570 74 1%8,496
451 LMD 2001-3 Zone DD - 50,873 18,070 171 1%17,899
452 LMD 2001-3 Zone EE - 24,752 9,070 83 1%8,987
453 LMD 2001-3 Zone FF - 30,391 11,090 96 1%10,994
454 LMD 2001-3 Zone GG - 15,382 5,630 52 1%5,578
455 LMD 2001-3 Zone HH - 12,334 4,570 42 1%4,528
456 LMD 2001-3 Zone II - 27,648 9,680 94 1%9,586
457 LMD 2001-3 Zone JJ - 4,943 1,990 17 1%1,973
458 LMD 2001-3 Zone KK - 2,842 1,460 5 0%1,455
459 LMD 2001-3 Zone LL - 10,721 3,900 36 1%3,864
460 LMD 2001-3 Zone MM - 8,137 3,280 26 1%3,254
461 LMD 2001-3 Zone NN - 19,085 6,840 65 1%6,775
462 LMD 2001-3 Zone OO - 18,826 6,750 64 1%6,686
463 LMD 2001-3 Zone PP - 22,147 7,820 75 1%7,745
464 LMD 2001-3 Zone QQ - 8,658 3,410 29 1%3,381
465 LMD 2001-3 Zone RR - 57,429 20,100 195 1%19,905
466 LMD 2001-3 Zone SS - 21,381 7,610 73 1%7,537
467 LMD 2001-3 Zone TT - 9,128 3,370 31 1%3,339
468 LMD 2001-3 Zone UU - 7,023 2,650 24 1%2,626
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 16
CITY OF EASTVALE UNAUDITED: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
Other Funds Summary
*Data includes transfers Restated
Audited
Actuals
Restated
Unaudited
Actuals Adjusted Budget Actuals
Amount
Over(Under)
Budget
Description 2020-21 2021-22 2022-23 9/30/2022 2022-23
% Budget
Used
469 LMD 2001-3 Zone VV - 5,921 2,300 20 1%2,280
470 LMD 2001-3 Zone WW - 24,592 8,980 83 1%8,897
471 LMD 2001-3 Zone XX - 3,489 1,870 11 1%1,859
472 LMD 2001-3 Zone YY - 27,233 9,870 87 1%9,783
473 LMD 2001-3 Zone ZZ - 11,014 4,160 37 1%4,123
474 LMD 2001-3 Zone AAA - 47,941 16,620 163 1%16,457
475 LMD 2001-3 Zone BBB - 30,674 10,830 104 1%10,726
476 LMD 2001-3 Zone CCC - 65,738 23,300 219 1%23,081
477 LMD 2001-3 Zone DDD - 56,233 19,510 190 1%19,320
478 LMD 2001-3 Zone EEE - 6,186 2,820 22 1%2,798
479 LMD 2001-3 Zone FFF - 54,497 18,750 185 1%18,565
480 LMD 2001-3 Zone GGG - 19,694 7,260 66 1%7,194
481 LMD 2001-3 Zone HHH - 828 2,160 - 0%2,160
482 LMD 2001-3 Zone III - 26,815 12,780 82 1%12,698
483 LMD 2001-3 Zone JJJ - 31,081 10,840 105 1%10,735
484 LMD 2001-3 Zone LLL - 6,082 2,870 - 0%2,870
485 LMD 2001-3 Zone MMM - 20,050 7,670 68 1%7,602
486 Illumination District No 2 Subarea 35 - 8,749 3,580 26 1%3,554
487 Illumination District No 2 Subarea 42 - 2,513 1,180 7 1%1,173
488 Illumination District No 2 Subarea 46 - 9,336 3,060 28 1%3,032
489 Illumination District No 2 Subarea 49 - 11,841 3,830 36 1%3,794
490 Illumination District No 2 Subarea 55 - 2,344 620 7 1%613
500 Debt Service 468,699 4,509,981 - - 0%-
600 Capital Projects 1,520,007 2,143,140 9,009,450 - 0%9,009,450
601 General Information Technology Capital Replacem - - 433,652 - 0%433,652
602 General Fleet Capital Replacement Fund - - 120,000 - 0%120,000
603 General Street Maintenance Capital Fund - - 500,000 - 0%500,000
604 General Facility Maintenance Capital Fund - - 250,000 - 0%250,000
700 Information Technology - - - - 0%-
Total Other Fund Revenues 8,993,118 23,268,586 33,256,036 1,014,411 3%30,937,973
Expenditures
200 Gas Tax 4,240,697$ 1,994,824$ 5,595,144$ (27,282)$ 0%5,622,426$
205 SB1 1,334,718 1,721,552 1,545,000 (4,818) 0%1,549,818
206 Area Drainage Plan (ADP)487 17,322 300,000 (13,822) -5%313,822
210 Measure A 604,674 1,891,015 5,715,589 (53,181) -1%5,768,770
211 TDA Fund - 102,318 232,500 - 0%232,500
220 AQMD 25,430 123,899 114,444 (7,387) -6%121,831
230 Law Enforcement Grants - - - - 0%-
240 Grants: Miscellaneous Grants Fund 381,717 520,016 19,148,584 13,441 0%19,135,143
241 Grants: Coronavirus Relief Fund 788,813 - - - 0%-
242 Grants: American Rescue Plan Act Fund - 7,360,219 - - 0%-
243 Public, Educational, or Governmental Access Fund - - - - 0%-
250 Grants: Community Development Block Grant - - 184,000 - 0%184,000
260 Local Law Enforcement Services 157,746 165,428 - - 0%-
270 TUMF Reimbursement Fund 281,042 344,067 5,600,000 8,358 0%5,591,642
290 Transportation DIF 92 6,587 3,040 (6,587) -217%9,627
291 Fire DIF - 8,376 1,290 (8,376) -649%9,666
292 Public Facilities DIF 656,148 9,146 494,020 (8,903) -2%502,923
293 Road and Bridge Benefit District 160,802 229,679 5,000,000 (98,573) -2%5,098,573
300 LLMD 89-1 Zone 10 1,414 508 840 8 1%832
301 LLMD 89-1 Zone 33 334 425 525 (107) -20%632
302 LLMD 89-1 Zone 41 15,601 84,713 32,850 (24,920) -76%57,770
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 17
CITY OF EASTVALE UNAUDITED: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
Other Funds Summary
*Data includes transfers Restated
Audited
Actuals
Restated
Unaudited
Actuals Adjusted Budget Actuals
Amount
Over(Under)
Budget
Description 2020-21 2021-22 2022-23 9/30/2022 2022-23
% Budget
Used
303 LLMD 89-1 Zone 79 1,430 2,966 1,260 (18) -1%1,278
304 LLMD 89-1 Zone 85 151 1,174 220 (469) -213%689
305 LLMD 89-1 Zone 111 10,954 19,734 20,535 (2,020) -10%22,555
306 LLMD 89-1 Zone 115 7,143 12,838 7,160 532 7%6,628
307 LLMD 89-1 Zone 116 3,786 6,734 4,505 (377) -8%4,882
308 LLMD 89-1 Zone 147 3,026 4,315 2,510 431 17%2,079
309 LLMD 89-1 Zone 151 14,884 15,413 8,930 717 8%8,213
310 LLMD 89-1 Zone 156 8,991 10,803 6,900 474 7%6,426
311 Benefit Assessment District 2014-2 3,233 7,887 5,665 539 10%5,126
312 LLMD 2014-1 2,187 8,527 9,220 344 4%8,876
313 LLMD 2014-3 2,374 5,346 4,365 436 10%3,929
314 LLMD 2014-4 909 2,399 3,190 13 0%3,178
315 Community Facilities District 2019-1 3,208 3,840 3,120 567 18%2,553
400 Community Facilities District 2017-1 3,282 7,697 10,400 (3,051) -29%13,451
401 Community Facilities District 2017-2 17,709 20,518 42,692 760 2%41,932
402 Community Facilities District 2020-1 10,258 83,623 109,150 6,931 6%102,219
403 LMD 98-2 ORIGINAL - 1,698 7,669 573 7%7,096
404 LMD 98-2 ANNEX 01/Zone A - 4,197 5,531 498 9%5,032
405 LMD 98-2 ANNEX 02/Zone B - 28,806 61,172 5,470 9%55,703
406 LMD 98-2 ANNEX 03/Zone C - 4,028 11,948 1,050 9%10,899
407 LMD 98-2 ANNEX 04/Zone D - 8,607 15,762 1,373 9%14,389
408 LMD 98-2 ANNEX 06/Zone F - 2,892 12,969 970 7%11,999
409 LMD 2001-1 Zone G - 145 532 53 10%479
410 LMD 2001-1 Zone S - 336 1,363 142 10%1,221
411 LMD 2001-1 Zone W - 6,258 7,853 4,058 52%3,794
412 LMD 2001-2 Zone A - 3,342 25,028 1,444 6%23,584
413 LMD 2001-2 Zone B - 2,788 13,734 1,048 8%12,686
414 LMD 2001-2 Zone C - 130 2,407 146 6%2,261
415 LMD 2001-2 Zone D - 1,870 7,184 712 10%6,472
416 LMD 2001-2 Zone F - 528 3,227 201 6%3,026
417 LMD 2001-2 Zone G - 1,616 5,835 647 11%5,188
418 LMD 2001-2 Zone H - 4,696 19,327 1,800 9%17,528
419 LMD 2001-2 Zone J - 3,096 14,170 1,312 9%12,858
420 LMD 2001-2 Zone K - 841 2,412 589 24%1,822
421 LMD 2001-2 Zone M - 373 4,035 141 3%3,895
422 LMD 2001-3 Zone A - 18,822 7,713 645 8%7,068
423 LMD 2001-3 Zone B - 6,507 4,427 382 9%4,045
424 LMD 2001-3 Zone C - 1,011 4,196 223 5%3,973
425 LMD 2001-3 Zone D - 2,297 9,612 547 6%9,065
426 LMD 2001-3 Zone E - 5,080 21,198 1,211 6%19,988
427 LMD 2001-3 Zone F - 447 490 (149) -30%639
428 LMD 2001-3 Zone G - 2,379 6,435 537 8%5,898
429 LMD 2001-3 Zone H - 1,149 5,108 346 7%4,763
430 LMD 2001-3 Zone I - 5,857 26,329 1,875 7%24,455
431 LMD 2001-3 Zone J - 1,659 7,538 529 7%7,010
432 LMD 2001-3 Zone K - 2,579 11,976 909 8%11,067
433 LMD 2001-3 Zone L - 2,020 9,228 664 7%8,564
434 LMD 2001-3 Zone M - 3,567 15,429 979 6%14,450
435 LMD 2001-3 Zone N - 7,409 34,639 2,698 8%31,940
436 LMD 2001-3 Zone O - 319 1,423 75 5%1,349
437 LMD 2001-3 Zone P - 1,835 7,600 426 6%7,173
438 LMD 2001-3 Zone Q - 900 4,020 234 6%3,785
439 LMD 2001-3 Zone R - 221 1,119 77 7%1,042
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 18
CITY OF EASTVALE UNAUDITED: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
Other Funds Summary
*Data includes transfers Restated
Audited
Actuals
Restated
Unaudited
Actuals Adjusted Budget Actuals
Amount
Over(Under)
Budget
Description 2020-21 2021-22 2022-23 9/30/2022 2022-23
% Budget
Used
440 LMD 2001-3 Zone S - 359 1,560 83 5%1,477
441 LMD 2001-3 Zone T - 2,633 10,863 580 5%10,283
442 LMD 2001-3 Zone U - 1,964 8,284 481 6%7,803
443 LMD 2001-3 Zone V - 3,075 12,200 738 6%11,462
444 LMD 2001-3 Zone W - 1,058 4,247 282 7%3,965
445 LMD 2001-3 Zone X - 274 1,240 67 5%1,173
446 LMD 2001-3 Zone Y - 446 220 107 49%113
447 LMD 2001-3 Zone Z - 491 2,112 115 5%1,997
448 LMD 2001-3 Zone AA - 331 1,483 80 5%1,403
449 LMD 2001-3 Zone BB - 262 1,162 57 5%1,105
450 LMD 2001-3 Zone CC - 2,502 11,433 820 7%10,613
451 LMD 2001-3 Zone DD - 2,821 11,986 707 6%11,278
452 LMD 2001-3 Zone EE - 1,437 6,175 377 6%5,799
453 LMD 2001-3 Zone FF - 3,107 14,102 1,017 7%13,085
454 LMD 2001-3 Zone GG - 747 3,169 174 5%2,995
455 LMD 2001-3 Zone HH - 601 2,582 141 5%2,441
456 LMD 2001-3 Zone II - 1,279 5,314 287 5%5,027
457 LMD 2001-3 Zone JJ - 235 1,065 56 5%1,009
458 LMD 2001-3 Zone KK - 1,222 5,942 477 8%5,465
459 LMD 2001-3 Zone LL - 513 2,203 122 6%2,081
460 LMD 2001-3 Zone MM - 709 3,258 221 7%3,037
461 LMD 2001-3 Zone NN - 904 3,797 210 6%3,587
462 LMD 2001-3 Zone OO - 951 3,828 239 6%3,590
463 LMD 2001-3 Zone PP - 1,174 4,710 305 6%4,405
464 LMD 2001-3 Zone QQ - 461 2,047 113 6%1,934
465 LMD 2001-3 Zone RR - 2,837 11,853 655 6%11,197
466 LMD 2001-3 Zone SS - 1,027 4,301 245 6%4,056
467 LMD 2001-3 Zone TT - 521 2,295 141 6%2,154
468 LMD 2001-3 Zone UU - 305 1,342 64 5%1,277
469 LMD 2001-3 Zone VV - 366 1,658 101 6%1,557
470 LMD 2001-3 Zone WW - 1,231 5,176 291 6%4,885
471 LMD 2001-3 Zone XX - 342 1,436 190 13%1,246
472 LMD 2001-3 Zone YY - 2,722 12,332 880 7%11,452
473 LMD 2001-3 Zone ZZ - 536 2,301 123 5%2,178
474 LMD 2001-3 Zone AAA - 2,252 9,302 513 6%8,788
475 LMD 2001-3 Zone BBB - 1,610 6,845 395 6%6,450
476 LMD 2001-3 Zone CCC - 4,129 17,796 1,122 6%16,675
477 LMD 2001-3 Zone DDD - 2,857 11,973 687 6%11,286
478 LMD 2001-3 Zone EEE - 73 230 (15) -6%245
479 LMD 2001-3 Zone FFF - 2,621 10,977 593 5%10,384
480 LMD 2001-3 Zone GGG - 1,204 5,256 318 6%4,938
481 LMD 2001-3 Zone HHH - 2,030 2,900 249 9%2,651
482 LMD 2001-3 Zone III - 3,679 24,331 703 3%23,629
483 LMD 2001-3 Zone JJJ - 1,547 6,490 372 6%6,118
484 LMD 2001-3 Zone LLL - 7,900 3,102 290 9%2,812
485 LMD 2001-3 Zone MMM - 1,078 4,575 265 6%4,310
486 Illumination District No 2 Subarea 35 - 1,250 4,843 638 13%4,205
487 Illumination District No 2 Subarea 42 - 407 1,627 226 14%1,401
488 Illumination District No 2 Subarea 46 - 1,212 5,140 506 10%4,634
489 Illumination District No 2 Subarea 49 - 1,498 6,045 672 11%5,373
490 Illumination District No 2 Subarea 55 - 268 1,205 116 10%1,089
500 Debt Service 467,960 4,510,719 - - 0%-
600 Capital Projects 609,510 1,021,164 11,773,335 72,985 1%11,700,350
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 19
CITY OF EASTVALE UNAUDITED: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
Other Funds Summary
*Data includes transfers Restated
Audited
Actuals
Restated
Unaudited
Actuals Adjusted Budget Actuals
Amount
Over(Under)
Budget
Description 2020-21 2021-22 2022-23 9/30/2022 2022-23
% Budget
Used
601 General Information Technology Capital Replacem - - - - 0%-
602 General Fleet Capital Replacement Fund - - - - 0%-
603 General Street Maintenance Capital Fund - - - - 0%-
604 General Facility Maintenance Capital Fund - - - - 0%-
700 Information Technology - - 388,652 - 0%388,652
Total Other Fund Expenditures 9,820,710 20,541,150 57,060,584 (100,729) 0%56,772,661
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 20
CITY OF EASTVALE UNAUDITED: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
Available Resources Summary
Restated
Audited Fund
Balance
Restated
Unaudited Fund
Balance Revenue Actuals
Expenditure
Actuals
Estimated
Available Balance
Fund Name & Type 2020-21 2021-22 9/30/2022 9/30/2022 9/30/2022
GENERAL FUNDS
100 General Fund 61,854,162$ 96,083,818$ 4,941,033$ 926,522$ 100,098,329$
TOTAL General Funds 61,854,162 96,083,818 4,941,033 926,522 100,098,329
OTHER PURPOSE GENERAL FUNDS
110 Restricted Structural Fire Fund 13,238,041$ 14,473,114$ 58,255$ (206,335)$ 14,737,704$
TOTAL Other Purpose General Funds 13,238,041 14,473,114 58,255 (206,335) 14,737,704
SPECIAL REVENUE FUNDS
200 Gas Tax Fund 3,543,943$ 3,154,024$ 339,556$ (27,282)$ 3,520,862$ 205 Road Maintenance and Rehabilitation Fund 1,143,195 800,050 2,315 (4,818) 807,183
206 Area Drainage Plan (ADP)903,503 885,689 2,291 (13,822) 901,802 210 Measure A Fund 4,350,543 4,648,626 11,967 (53,181) 4,713,774 211 TDA Fund - (102,318) - - (102,318)
220 Air Quality Management District 493,791 513,467 1,315 (7,387) 522,169
230 Law Enforcement Grants - - - - - 240 Grants: Miscellaneous Grants Fund (162,796) (14,784) 125,000 13,441 96,775 241 Grants: Coronavirus Relief Fund - - - - -
242 Grants: American Rescue Plan Act Fund - - - - - 243 Public, Educational, or Governmental Access Fund - - - - - 250 Grants: Community Development Block Grant (7) (7) - - (7)
260 Local Law Enforcement Services - - - - -
270 TUMF Reimbursement Find (281,100) (625,167) - 8,358 (633,525) 290 DIF Transportation Facilities Fund 310,602 423,775 428,790 (6,587) 859,153 291 DIF Fire Facilities Fund 500,518 538,832 34,901 (8,376) 582,109
292 DIF Public Facilities Fund 496,836 590,338 39,603 (8,903) 638,844
293 Road and Bridge Benefit District 6,445,412 6,670,033 16,139 (98,573) 6,784,746 300 LLMD 89-1 Zone 10 (7,381) (4,069) - 8 (4,077) 301 LLMD 89-1 Zone 33 6,464 7,210 19 (107) 7,336
302 LLMD 89-1 Zone 41 1,701,381 1,788,103 4,646 (24,920) 1,817,669 303 LLMD 89-1 Zone 79 16,580 16,207 42 (18) 16,267 304 LLMD 89-1 Zone 85 28,766 30,600 80 (469) 31,148
305 LLMD 89-1 Zone 111 162,397 166,660 432 (2,020) 169,112
306 LLMD 89-1 Zone 115 (19,095) (28,207) - 532 (28,739) 307 LLMD 89-1 Zone 116 59,745 61,041 159 (377) 61,577 308 LLMD 89-1 Zone 147 (3,448) (6,212) - 431 (6,643)
309 LLMD 89-1 Zone 151 (43,000) (50,753) - 717 (51,470) 310 LLMD 89-1 Zone 156 (17,467) (22,520) - 474 (22,994) 311 Benefit Assessment District 2014-2 8,727 13,403 32 539 12,896
312 LLMD 2014-1 7,576 18,548 44 344 18,248
313 LLMD 2014-3 4,748 7,890 19 436 7,474 314 LLMD 2014-4 5,729 10,180 26 13 10,193 315 Community Facilities District 2019-1 (6,975) (654) - 567 (1,221)
400 Community Facilities District 2017-1 188,809 255,799 685 (3,051) 259,534
401 Community Facilities District 2017-2 30,523 53,197 148 760 52,585 402 Community Facilities District 2020-1 62,605 52,480 143 6,931 45,691
403 LMD 98-2 ORIGINAL - 14,937 53 573 14,417
404 LMD 98-2 ANNEX 01/Zone A - (2,191) - 498 (2,689) 405 LMD 98-2 ANNEX 02/Zone B - 13,087 40 5,470 7,657 406 LMD 98-2 ANNEX 03/Zone C - 272 - 1,050 (778)
407 LMD 98-2 ANNEX 04/Zone D - (2,374) - 1,373 (3,748)
408 LMD 98-2 ANNEX 06/Zone F - 26,624 94 970 25,748 409 LMD 2001-1 Zone G - 1,717 6 53 1,670 410 LMD 2001-1 Zone S - 2,089 7 142 1,954
411 LMD 2001-1 Zone W - 14,079 46 4,058 10,066 412 LMD 2001-2 Zone A - 45,807 162 1,444 44,526 413 LMD 2001-2 Zone B - 23,568 83 1,048 22,604
414 LMD 2001-2 Zone C - 1,293 4 146 1,151
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 21
CITY OF EASTVALE UNAUDITED: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
Available Resources Summary
Restated
Audited Fund
Balance
Restated
Unaudited Fund
Balance Revenue Actuals
Expenditure
Actuals
Estimated
Available Balance
Fund Name & Type 2020-21 2021-22 9/30/2022 9/30/2022 9/30/2022
415 LMD 2001-2 Zone D - 15,432 54 712 14,775 416 LMD 2001-2 Zone F - 2,600 9 201 2,408
417 LMD 2001-2 Zone G - 24,870 88 647 24,312
418 LMD 2001-2 Zone H - 35,195 124 1,800 33,519 419 LMD 2001-2 Zone J - 24,278 85 1,312 23,051 420 LMD 2001-2 Zone K - 1,117 3 589 531
421 LMD 2001-2 Zone M - 1,942 7 141 1,807
422 LMD 2001-3 Zone A - (14,920) - 645 (15,565) 423 LMD 2001-3 Zone B - (3,135) - 382 (3,517) 424 LMD 2001-3 Zone C - 21,467 77 223 21,320
425 LMD 2001-3 Zone D - 43,417 155 547 43,024 426 LMD 2001-3 Zone E - 95,124 339 1,211 94,253 427 LMD 2001-3 Zone F - 37,754 135 (149) 38,038
428 LMD 2001-3 Zone G - 1,054 3 537 520
429 LMD 2001-3 Zone H - 14,303 51 346 14,008 430 LMD 2001-3 Zone I - 55,862 198 1,875 54,185 431 LMD 2001-3 Zone J - 15,985 57 529 15,513
432 LMD 2001-3 Zone K - 15,442 54 909 14,588 433 LMD 2001-3 Zone L - 17,038 60 664 16,434 434 LMD 2001-3 Zone M - 52,240 186 979 51,447
435 LMD 2001-3 Zone N - 33,391 116 2,698 30,809
436 LMD 2001-3 Zone O - 6,257 22 75 6,205 437 LMD 2001-3 Zone P - 36,662 131 426 36,366 438 LMD 2001-3 Zone Q - 14,505 52 234 14,322
439 LMD 2001-3 Zone R - 1,628 6 77 1,557 440 LMD 2001-3 Zone S - 7,075 25 83 7,017 441 LMD 2001-3 Zone T - 54,380 194 580 53,993
442 LMD 2001-3 Zone U - 35,606 127 481 35,252
443 LMD 2001-3 Zone V - 60,262 215 738 59,739 444 LMD 2001-3 Zone W - 18,405 66 282 18,189 445 LMD 2001-3 Zone X - 5,245 19 67 5,197
446 LMD 2001-3 Zone Y - 8,765 31 107 8,689
447 LMD 2001-3 Zone Z - 9,695 35 115 9,615 448 LMD 2001-3 Zone AA - 6,136 22 80 6,078 449 LMD 2001-3 Zone BB - 5,743 20 57 5,707
450 LMD 2001-3 Zone CC - 21,073 74 820 20,327 451 LMD 2001-3 Zone DD - 48,052 171 707 47,516 452 LMD 2001-3 Zone EE - 23,315 83 377 23,022
453 LMD 2001-3 Zone FF - 27,284 96 1,017 26,364
454 LMD 2001-3 Zone GG - 14,635 52 174 14,513 455 LMD 2001-3 Zone HH - 11,733 42 141 11,634 456 LMD 2001-3 Zone II - 26,369 94 287 26,176
457 LMD 2001-3 Zone JJ - 4,707 17 56 4,668 458 LMD 2001-3 Zone KK - 1,620 5 477 1,148 459 LMD 2001-3 Zone LL - 10,208 36 122 10,122
460 LMD 2001-3 Zone MM - 7,428 26 221 7,233
461 LMD 2001-3 Zone NN - 18,180 65 210 18,036 462 LMD 2001-3 Zone OO - 17,875 64 239 17,700 463 LMD 2001-3 Zone PP - 20,973 75 305 20,743
464 LMD 2001-3 Zone QQ - 8,196 29 113 8,113 465 LMD 2001-3 Zone RR - 54,592 195 655 54,132 466 LMD 2001-3 Zone SS - 20,354 73 245 20,182
467 LMD 2001-3 Zone TT - 8,607 31 141 8,497
468 LMD 2001-3 Zone UU - 6,717 24 64 6,677 469 LMD 2001-3 Zone VV - 5,555 20 101 5,473 470 LMD 2001-3 Zone WW - 23,361 83 291 23,153
471 LMD 2001-3 Zone XX - 3,147 11 190 2,968
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 22
CITY OF EASTVALE UNAUDITED: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
Available Resources Summary
Restated
Audited Fund
Balance
Restated
Unaudited Fund
Balance Revenue Actuals
Expenditure
Actuals
Estimated
Available Balance
Fund Name & Type 2020-21 2021-22 9/30/2022 9/30/2022 9/30/2022
472 LMD 2001-3 Zone YY - 24,511 87 880 23,718 473 LMD 2001-3 Zone ZZ - 10,479 37 123 10,393
474 LMD 2001-3 Zone AAA - 45,690 163 513 45,339
475 LMD 2001-3 Zone BBB - 29,064 104 395 28,773 476 LMD 2001-3 Zone CCC - 61,609 219 1,122 60,707 477 LMD 2001-3 Zone DDD - 53,376 190 687 52,879
478 LMD 2001-3 Zone EEE - 6,113 22 (15) 6,150
479 LMD 2001-3 Zone FFF - 51,876 185 593 51,468 480 LMD 2001-3 Zone GGG - 18,489 66 318 18,237 481 LMD 2001-3 Zone HHH - (1,202) - 249 (1,451)
482 LMD 2001-3 Zone III - 23,136 82 703 22,516 483 LMD 2001-3 Zone JJJ - 29,534 105 372 29,268 484 LMD 2001-3 Zone LLL - (1,818) - 290 (2,108)
485 LMD 2001-3 Zone MMM - 18,972 68 265 18,774
486 Illumination District No 2 Subarea 35 - 7,499 26 638 6,888 487 Illumination District No 2 Subarea 42 - 2,106 7 226 1,888 488 Illumination District No 2 Subarea 46 - 8,124 28 506 7,646
489 Illumination District No 2 Subarea 49 - 10,343 36 672 9,708 490 Illumination District No 2 Subarea 55 - 2,076 7 116 1,968 TOTAL Special Revenue Funds 19,931,122 21,535,146 1,014,411 (173,714) 22,723,271
DEBT SERVICE FUND
500 General Debt Service Fund 739$ -$ -$ -$ -$
TOTAL Debt Service Fund 739 - - - -
CAPITAL PROJECTS FUNDS
600 General Capital Projects Fund 1,786,981$ 2,908,958$ -$ 72,985$ 2,835,973$ 601 General Information Technology Capital Replaceme - - - - - 602 General Fleet Capital Replacement Fund - - - - - 603 General Street Maintenance Capital Fund - - - - - 604 General Facility Maintenance Capital Fund - - - - -
TOTAL Capital Projects Fund 1,786,981 2,908,958 - 72,985 2,835,973
INTERNAL SERVICE FUNDS
700 Information Technology Reserve Fund - -$ -$ -$ -$ TOTAL Internal Service Funds - - - - -
TOTAL 96,811,044$ 135,001,036$ 6,013,699$ 619,458$ 140,395,277$
GENERAL FUND - FUND BALANCE RESERVES AND COMMITMENTS
Total General Fund Estimated Fund Balance at 09/30/2022 100,098,329$
Nonspendable (Per 06/30/2022 ACFR):Prepaid Items 260,181
Total Nonspendable Fund Balance 260,181
Assigned:Emergency Contingency (50% of Adopted Appropriations)15,376,405
Total Assigned Reserves 15,376,405
Committed:
Facility Construction: Library 33,000,000 Facility Construction: City Hall 10,000,000 Facility Construction: Police Substation 8,000,000
Pension Liability (CalPERS Reserve)1,620,500
Public Safety Rate Increase Stabilization 1,000,000 53,620,500
Committed Appropriations Limit Qualified Capital Outlay Reserve:
General Fund: Facility Construction: Library - Appropriations Limit 23,945,429
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 23
CITY OF EASTVALE UNAUDITED: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
Available Resources Summary
Restated
Audited Fund
Balance
Restated
Unaudited Fund
Balance Revenue Actuals
Expenditure
Actuals
Estimated
Available Balance
Fund Name & Type 2020-21 2021-22 9/30/2022 9/30/2022 9/30/2022
General Fund: Facility Construction: City Hall - Appropriations Limit 17,595,000 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
45,040,429
Total General Funds Estimated Unassigned Fund Balance at 09/30/2022 (13,939,005)$
RESTRICTED STRUCTURAL FIRE FUND - FUND BALANCE RESERVES AND COMMITMENTS
Total Fire Funds Estimated Fund Balance at 06/30/2022 14,473,114$
Assigned:Emergency Contingency (75% of Adopted Appropriations)5,738,400 Total Assigned Reserves 5,738,400
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 09/30/2022 334,714$
Restricted by the County of Riverside (Per 09/30/2022 ACFR):Restricted Fund Balance 14,473,114
Total Restricted Fund Balance 14,473,114
**For the purpose of this schedule, fund balance is defined as revenues minus expenditures
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 24
CITY OF EASTVALE UNAUDITED: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
Assigned Reserve: Contingency Calculation
Restated Audited
Fund Balance
Restated
Unaudited Fund
Balance
Adjusted
Revenue Budget
Adjusted
Expenditure
Budget
Estimated
Available Balance
Fund Name & Type 2020-21 2021-22 2022-23 2022-23 6/30/2022
GENERAL FUNDS
100 General Fund 61,854,162$ 96,083,818$ 63,709,435$ 39,326,460$ 86,237,137$
TOTAL General Funds 61,854,162 96,083,818 63,709,435 39,326,460 86,237,137
Assigned 50% Contingency Reserve
Policy: 50% of Annual Budgeted Operating ExpendituresTotal Expenditures 39,326,460 Non-Operating Expenditures 8,573,650 Operating Expenditures 30,752,810
50% Reserve 15,376,405
OTHER PURPOSE GENERAL FUNDS
110 Restricted Structural Fire Fund 13,238,041$ 14,473,114$ 8,008,000$ 7,678,200$ 13,567,841$
TOTAL Other Purpose General Funds 13,238,041 14,473,114 8,008,000 7,678,200 13,567,841
Assigned 75% Contingency ReservePolicy: 75% of Annual Budgeted Operating ExpendituresTotal Expenditures 7,678,200 Non-Operating Expenditures 27,000 Operating Expenditures 7,651,200
75% Reserve 5,738,400
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 25
CITY OF EASTVALE UNAUDITED: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
Appropriations Limit Summary
Pre Voter
Approved
Override
Voter
Approved
Override
Post Voter
Approved
Override
Post Voter
Approved
Override
2017-18 2018-19 2019-20 2020-21 2020-21 2021-22 2022-23
ADOPTED APPROPRIATIONS LIMIT
Adopted Appropriations Limit 21,455,814$ 23,077,364$ 24,418,797$ 25,794,921$ 33,000,000$ 35,473,578$ 39,253,023$
Subject Revenue Appropriations
General Fund 10,045,447 15,809,535 17,472,985 17,952,129 41,516,698 54,973,760 53,493,923
Fire Fund 5,055,030 5,346,150 6,285,042 6,406,287 6,406,287 7,298,931 7,785,000
Total Subject Revenue Appropriation 15,100,477 21,155,685 23,758,027 24,358,416 47,922,985 62,272,691 61,278,923
Over(Under) Limit (6,355,337)(1,921,679)(660,770)(1,436,505)14,922,985 26,799,113 22,025,900
Annual Available for Capital Outlay 14,922,985 26,799,113 22,025,900
Cumulative Available for Capital Outlay 41,722,098 22,025,900
Cumulative Available for Capital Outlay Expenditures and Reserves 41,722,098 22,025,900
FY2021-22 Adopted Capital Outlay Reserve Commitments
General Fund: Facility Construction City Hall - Appropriations Limit 18,399,529
General Fund: Facility Construction Library - Appropriations Limit 10,595,000
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 Adopted Capital Outlay Expenditures
Streetlight Debt Pay-Off - Appropriations Limit 4,168,519
Goodman Commerce Infrastructure Developer Agreement Pay-Off - Appropriations L 2,559,050
Subtotal Capital Outlay Expenditure Budget 6,727,569
FY2022-23 Proposed Reserve Commitments
General Fund: Facility Construction City Hall - Appropriations Limit 5,545,900
General Fund: Facility Construction Library - Appropriations Limit 7,000,000
Subtotal Capital Outlay Reserve Commitments 12,545,900
FY2022-23 Proposed Capital Outlay Expenditures
93026: Appropriation from Reserve: Limonite Gap Bridge 2,500,000
93026: Limonite Gap Bridge 4,525,000
95001: Hamner Place 700,000
94012: Prado Dam Inundation Utlity Mitigation 155,000
95011: Facility Construction City Hall 3,100,000
95018: Modular Offices 800,000
93035: I-15 Corridor Landscaping 200,000
Subtotal Capital Outlay Expenditure Budget 2,500,000 9,480,000
Remaining Appropriations Limit Surplus 0 0
FY2021-22
Commitments
and Expenditures
FY2022-23
Appropriations
From Reserve
FY2022-23
Commitments
and Expenditures
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 26
CITY OF EASTVALE UNAUDITED: 25% Reported
Fiscal Year 2022-23Interim Financial Report | QUARTER ONE ending September 30, 2022 | 3 months
Sales Tax Summary
Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year 2022-23
Quarter 2018-19 2019-20**2020-21 2021-22 2022-23 Budget
Quarter 1 2,454,597 2,986,937 2,873,677 10,585,289 11,716,157 44,000,000
Quarter 2 #2,693,017 2,807,803 3,144,645 12,241,575 -
Quarter 3 2,129,355 2,272,291 10,892,874 10,836,091 - Quarterly
Quarter 4 2,332,606 2,281,948 11,208,862 11,047,330 - Budget:
TOTAL Sales Tax 9,609,575 10,348,979 28,120,058 44,710,286 11,716,157 11,000,000
**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.
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.
# The true up for Quarter 2 ending December 31, 2020 has not been received as of the publish date of this report. It was
included in the FY2021-22 budget. Per HdL there is no estimated delivery date for the true up payment, as a result, the
true up is not budgeted in the current year.
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 27