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FY 2023 Annual ReportCity of Port Orchard 2023 Annual Report For Fiscal Year Ended December 31, 2023 MCAG No. 0455 Submitted pursuant to RCW 43.09.230 to the STATE AUDITOR'S OFFICE ANNUAL REPORT CERTIFICATION City of Port Orchard (Official Name of Government) 0455 MCAG No. Submitted pursuant to RCW 43.09.230 to the Washington State Auditor's Office For the Fiscal Year Ended 12/31/2023 GOVERNMENT INFORMATION: Official Mailing Address 216 Prospect St Port Orchard, WA 98366 Official Website Address https://portorchardwa.gov/ Official E-mail Address ncrocker@portorchardwa.gov Official Phone Number (360) 876-7023 AUDIT CONTACT or PREPARER INFORMATION and CERTIFICATION: Audit Contact or Preparer Name and Title Rebecca Zick Assistant Finance Director Contact Phone Number 360-876-7021 Contact E-mail Address rzick@portorchardwa.gov I certify 24th day of May, 2024, that annual report information is complete, accurate and in conformity with the Budgeting, Accounting and Reporting Systems Manual, to the best of my knowledge and belief, having reviewed this information and taken all appropriate steps in order to provide such certification. I acknowledge and understand our responsibility for the design and implementation of controls to ensure accurate financial reporting, comply with applicable laws and safeguard public resources, including controls to prevent and detect fraud. Finally, I acknowledge and understand our responsibility for immediately submitting corrected annual report information if any errors or an omission in such information is subsequently identified. Signatures Rebecca Zick (rzick@portorchardwa.gov) City of Port Orchard Fund Resources and Uses Arising from Cash Transactions For the Year Ended December 31, 2023 Total for All 104 Special Funds 001 Current 103 Criminal Investigative (Memo Only) Expense Justice Unit Beginning Cash and Investments 308 Beginning Cash and Investments 71,128,008 19,831,909 647,725 98,895 388 / 588 Net Adjustments - - - - Revenues 310 Taxes 17,520,461 14,876,449 368,476 320 Licenses and Permits 1,534,556 1,496,542 - 330 Intergovernmental Revenues 2,054,120 1,322,193 80,644 340 Charges for Goods and Services 24,496,103 770,868 - 350 Fines and Penalties 232,501 112,922 - - 360 Miscellaneous Revenues 3,813,926 1,159,088 36,781 3,310 Total Revenues: 49,651,667 19,738,062 485,901 3,310 Expenditures 510 General Government 4,444,957 3,865,883 - - 520 Public Safety 6,548,423 6,166,828 381,295 300 530 Utilities 9,150,008 - - - 540 Transportation 3,259,132 2,453,687 550 Natural/Economic Environment 1,425,605 1,314,370 560 Social Services 57,536 57,536 570 Culture and Recreation 958,513 958,513 - - Total Expenditures: 25,844,174 14,816,817 381,295 300 Excess (Deficiency) Revenues over Expenditures: 23,807,493 4,921,245 104,606 3,010 Other Increases in Fund Resources 391-393, 596 Debt Proceeds 11,900,686 - - - 397 Transfers -In 4,721,305 917,407 385 Special or Extraordinary Items - - 381, 382, 389, Other Resources 509,106 75,886 395,398 Total Other Increases in Fund Resources: 17,131,097 993,293 - - Other Decreases in Fund Resources 594-595 Capital Expenditures 11,562,669 102,565 591-593,599 Debt Service 1,238,463 132,471 597 Transfers -Out 4,721,305 1,025,372 585 Special or Extraordinary Items - - 581, 582, 589 Other Uses 416,100 33,414 Total Other Decreases in Fund Resources: 17,938,537 1,293,822 - - Increase (Decrease) in Cash and Investments: 23,000,053 4,620,716 104,606 3,010 Ending Cash and Investments 50821 Nonspendable - - - - 50831 Restricted 24,995,972 1,001,782 752,331 88,470 50841 Committed 65,616 65,616 - - 50851 Assigned 48,952,572 3,271,326 13,435 50891 Unassigned 20,113,901 20,113,901 - - Total Ending Cash and Investments 94,128,061 24,452,625 752,331 101,905 The accompanying notes are an integral part of this statement. City of Port Orchard Fund Resources and Uses Arising from Cash Transactions For the Year Ended December 31, 2023 Beginning Cash and Investments 308 Beginning Cash and Investments 388 / 588 Net Adjustments Revenues 310 Taxes 320 Licenses and Permits 330 Intergovernmental Revenues 340 Charges for Goods and Services 350 Fines and Penalties 360 Miscellaneous Revenues Total Revenues: Expenditures 510 General Government 520 Public Safety 530 Utilities 540 Transportation 550 Natural/Economic Environment 560 Social Services 570 Culture and Recreation Total Expenditures: Excess (Deficiency) Revenues over Expenditures Other Increases in Fund Resources 391-393, 596 Debt Proceeds 397 Transfers -In 385 Special or Extraordinary Items 381, 382, 389, Other Resources 395,398 Total Other Increases in Fund Resources: Other Decreases in Fund Resources 594-595 Capital Expenditures 591-593, 599 Debt Service 597 Transfers -Out 585 Special or Extraordinary Items 581, 582, 589 Other Uses Total Other Decreases in Fund Resources: Increase (Decrease) in Cash and Investments: Ending Cash and Investments 50821 Nonspendable 50831 Restricted 50841 Committed 50851 Assigned 50891 Unassigned Total Ending Cash and Investments The accompanying notes are an integral part of this statement. 206 Bond 107 Community 108 Paths & 111 Impact Redemption Events Trails Mitigation Fee Fund 321,780 13,784 5,304,555 163,426 1,275 - - 4,741,576 19,908 752 317,844 15 183,334 2,027 5,059,420 15 - - 579,074 - - 111,872 111,235 - - 111,235 690,946 - 72,099 2,027 4,368,474 15 399,652 - 399,652 - 299,652 1,548,341 - 1,548,341 299,652 72,099 2,027 2,820,133 100,015 393,879 15,811 8,124,688 100,015 393,879 15,811 8,124,688 100,015 City of Port Orchard Fund Resources and Uses Arising from Cash Transactions For the Year Ended December 31, 2023 Beginning Cash and Investments 308 Beginning Cash and Investments 388 / 588 Net Adjustments Revenues 310 Taxes 320 Licenses and Permits 330 Intergovernmental Revenues 340 Charges for Goods and Services 350 Fines and Penalties 360 Miscellaneous Revenues Total Revenues: Expenditures 510 General Government 520 Public Safety 530 Utilities 540 Transportation 550 Natural/Economic Environment 560 Social Services 570 Culture and Recreation Total Expenditures: Excess (Deficiency) Revenues over Expenditures Other Increases in Fund Resources 391-393, 596 Debt Proceeds 397 Transfers -In 385 Special or Extraordinary Items 381, 382, 389, Other Resources 395,398 Total Other Increases in Fund Resources: Other Decreases in Fund Resources 594-595 Capital Expenditures 591-593, 599 Debt Service 597 Transfers -Out 585 Special or Extraordinary Items 581, 582, 589 Other Uses Total Other Decreases in Fund Resources: Increase (Decrease) in Cash and Investments: Ending Cash and Investments 50821 Nonspendable 50831 Restricted 50841 Committed 50851 Assigned 50891 Unassigned Total Ending Cash and Investments The accompanying notes are an integral part of this statement. 302 Capital 304 Street 309 Real Estate Construction Capital Projects Excise Tax 411 Water Utility 547,631 228,355 76,684 305,039 2,299,051 294,741 114,989 409,730 4,182, 707 2,112,110 136,485 2,248,595 12,363,634 5,986,155 47,139 740,253 6,773,547 3,179,067 3,179,067 305,039 409,730 2,248,595 3,594,480 11,121,075 - - 186,981 2,005,465 965,795 432,986 - - - - 10,586 13,126,540 965,795 432,986 197,567 4,614,244 1,521,656 - 1,952,252 119,493 - - 464,369 1,350,394 797,198 - - - - 18,586 6,084,131 1,521,656 797,198 2,435,207 7,347,448 (146,131) 1,884,383 1,356,840 7,606,594 845,312 6,067,090 288,485 1,307,608 13,720,474 7,895,079 2,152,920 6,067,090 13,720,474 City of Port Orchard Fund Resources and Uses Arising from Cash Transactions For the Year Ended December 31, 2023 Beginning Cash and Investments 308 Beginning Cash and Investments 388 / 588 Net Adjustments Revenues 310 Taxes 320 Licenses and Permits 330 Intergovernmental Revenues 340 Charges for Goods and Services 350 Fines and Penalties 360 Miscellaneous Revenues Total Revenues: Expenditures 510 General Government 520 Public Safety 530 Utilities 540 Transportation 550 Natural/Economic Environment 560 Social Services 570 Culture and Recreation Total Expenditures: Excess (Deficiency) Revenues over Expenditures Other Increases in Fund Resources 391-393, 596 Debt Proceeds 397 Transfers -In 385 Special or Extraordinary Items 381, 382, 389, Other Resources 395,398 Total Other Increases in Fund Resources: Other Decreases in Fund Resources 594-595 Capital Expenditures 591-593, 599 Debt Service 597 Transfers -Out 585 Special or Extraordinary Items 581, 582, 589 Other Uses Total Other Decreases in Fund Resources: Increase (Decrease) in Cash and Investments: Ending Cash and Investments 50821 Nonspendable 50831 Restricted 50841 Committed 50851 Assigned 50891 Unassigned Total Ending Cash and Investments The accompanying notes are an integral part of this statement. 500 Equipment 421 Storm 431 Sewer Rental and Drainage Utility Utility Revolving 2,546,821 18,979,434 3,990,082 38,014 126,912 - - 1,871,483 9,874,789 1,251,232 22,247 50,193 - 114,219 903,307 190,291 2,172,875 10,828,289 1,441,523 1,394,683 4,576,258 - - - 693,573 1,394,683 4,576,258 693,573 778,192 6,252,031 747,950 - 592,630 - 700 375,056 46,878 700 967,686 46,878 579,656 1,792,586 999,710 188,177 33,288 1,013 500 363,600 - 768,333 2,189,474 1,000,723 10,559 5,030,243 (205,895) 2,557,380 24,009,677 3,784,187 2,557,380 24,009,677 3,784,187 City of Port Orchard Fiduciary Fund Resources and Uses Arising from Cash Transactions For the Year Ended December 31, 2023 Custodial 308 Beginning Cash and Investments 81 388 & 588 Net Adjustments - 310-390 Additions 108,677 510-590 Deductions 108,731 Net Increase (Decrease) in Cash and (54) Investments: 508 Ending Cash and Investments 27 The accompanying notes are an integral part of this statement. CITY OF PORT ORCHARD Notes to Financial Statements For the Year Ended December 31, 2023 Note 1-Summary of Sisnificant Accounting Policies The City of Port Orchard was incorporated on September 1, 1890 and operates under the laws of the state of Washington applicable to a city. The City is a general-purpose local government and provides public safety, street improvement, park and recreation, and general administrative services. In addition, the City owns and operates a water, sewer, and storm drainage system. The City reports financial activity in accordance with the Cash Basis Budgeting, Accounting and Reporting System (BARS) Manual prescribed by the State Auditor's Office under the authority of Washington State law, Chapter 43.09 RCW. This manual prescribes a financial reporting framework that differs from generally accepted accounting principles (GAAP) in the following manner: • Financial transactions are recognized on a cash basis of accounting as described below. • Component units are required to be disclosed, but are not included in the financial statements. • Government -wide statements, as defined in GAAP, are not presented. • All funds are presented, rather than a focus on major funds. • The Schedule of Liabilities is required to be presented with the financial statements as supplementary information. • Supplementary information required by GAAP is not presented. • Ending balances for proprietary and fiduciary funds are presented using classifications that are different from the ending net position classifications in GAAP. A. Fund Accounting Financial transactions of the government are reported in individual funds. Each fund uses a separate set of self -balancing accounts that comprises its cash and investments, revenues and expenditures. The government's resources are allocated to and accounted for in individual funds depending on their intended purpose. Each fund is reported as a separate column in the financial statements, except for fiduciary funds, which are presented by fund types. The total column is presented as "memo only" because any interfund activities are not eliminated. The following fund types are used: GOVERNMENTAL FUND TYPES: General Fund This fund is the primary operating fund of the government. It accounts for all financial resources except those required or elected to be accounted for in another fund. CITY OF PORT ORCHARD Notes to Financial Statements For the Year Ended December 31, 2023 Special Revenue Funds These funds account for specific revenue sources that are restricted or committed to expenditures for specified purposes of the government. Debt Service Funds These funds account for the financial resources that are restricted, committed, or assigned to expenditures for principal, interest and related costs on general long-term debt. Capital Projects Funds These funds account for financial resources which are restricted, committed, or assigned for the acquisition or construction of capital facilities or other capital assets. PROPRIETARY FUND TYPES: Enterprise Funds These funds account for operations that provide goods or services to the general public and are supported primarily through user charges. Internal Service Funds These funds account for operations that provide goods or services to other departments or funds of the government on a cost reimbursement basis. FIDUCIARY FUND TYPES: Fiduciary funds account for assets held by the government in a trustee capacity or as a custodian on behalf of others. Custodial Funds These funds are used to account assets that the government holds on behalf of others in a custodial capacity. B. Basis of Accounting and Measurement Focus Financial statements are prepared using the cash basis of accounting and measurement focus. Revenues are recognized when cash is received and expenditures are recognized when paid. In accordance with state law the City also recognizes expenditures paid during twenty days after the close of the fiscal year for claims incurred during the previous period. CITY OF PORT ORCHARD Notes to Financial Statements For the Year Ended December 31, 2023 C. Cash and Investments See Note 3- Deposits and Investments. D. Capital Assets Capital assets are assets with an initial individual cost of more than $5,000 and an estimated useful life in excess of one year. Capital assets and inventory are recorded as capital expenditures when purchased. E. Compensated Absences Vacation leave may be accumulated up to 320 hours at year end and up to 240 hours is payable upon separation or retirement. Sick leave may be accumulated up to 960 hours at year end and for all employees except LEOFF II employees upon separation or retirement employees do not receive payment for unused sick leave. LEOFF II employees' (excluding management) sick leave may be accumulated up to 1040 hours and up to 400 hours is payable upon separation or retirement to the employee's respective medical health retirement/voluntary employee's beneficiary association account (HRA/VEBA). LEOFF II employees' (excluding management) vacation leave may be accumulated up to 320 hours and up to 240 hours is payable in cash upon separation or retirement while the remaining 80 hours are payable to the employee's respective medical health retirement/voluntary employee's beneficiary association account (HRA/VEBA). LEOFF II employees (excluding management) earn 120 hours holiday leave annually and may carry over 96 hours at year end. Holiday leave is payable upon separation or retirement up to 96 hours. Payments are recognized as expenditures when paid. F. Long -Term Debt See Note 5- Long-term Debt. G. Restricted and Committed Portion of Endina Cash and Investments Beginning and Ending Cash and Investments are reported as restricted or committed when it is subject to restrictions on use imposed by external parties or due to internal commitments established by ordinance. When expenditures that meet restrictions are incurred, the City intends to use the most restricted resources first. Restrictions and commitments of Ending Cash and Investments consist of $25,061,588. CITY OF PORT ORCHARD Notes to Financial Statements For the Year Ended December 31, 2023 Cash & Investments Purpose Amount Restricted Affordable Housing $ 169,737 Restricted 2021 Legislative Law Enforcement Funding $ 31,215 Restricted PCB Settlement $ 17,984 Restricted Opoid Settlement $ 25,333 Restricted Public Transportation Tax $ 757,513 Restricted Criminal Justice $ 752,331 Restricted Law Enforcement Investigations $ 88,470 Restricted Tourism $ 393,879 Restricted Paths & Trails $ 15,811 Restricted Capital Projects $ 100,015 Restricted Capital Projects $ 6,067,090 Restricted Parks Projects $ 1,945,092 Restricted Transportation Projects $ 5,413,445 Restricted McCormick Woods Transportation Projects $ 419,466 Restricted Old Clifton/Anderson Hill Intersection Improvements $ 346,685 Restricted LTGO Bond Proceeds $ 7,606,594 Restricted Transportation Improvement Board- Grant Received in Advance $ 690,475 Restricted Blueberry/Bethel Roundabout $ 154,837 Committed Recreational Programs, Activities, or Capital Projects $ 65,616 Total $ 25,061,588 Note 2 — Budget Compliance A. Budgets The City of Port Orchard adopts biennial appropriated budgets for all funds. These budgets are appropriated at the fund level. The budget constitutes the legal authority for expenditures at that level. Biennial appropriations for these funds lapse at the end of biennial period. Biennial appropriated budgets are adopted on the same basis of accounting as used for financial reporting. CITY OF PORT ORCHARD Notes to Financial Statements For the Year Ended December 31, 2023 The appropriated and actual expenditures for the legally adopted budgets were as follow: Fund 2023-2024 Final Appropriated Biennial Budget 2023 Actual Expenditures Variance Fund: 001 - Current Expense $ 46,837,200 $ 14,467,516 $ 32,369,684 Fund: 002 - City Street Fund $ 8,978,300 $ 2,588,272 $ 6,390,028 Fund: 003 - Stabilization Fund $ 2,921,000 $ - $ 2,921,000 Fund: 103 - Criminal Justice $ 1,422,800 $ 381,295 $ 1,041,505 Fund: 104 - Special Investigative Unit $ 106,900 $ 300 $ 106,600 Fund: 107 - Community Events $ 549,200 $ 111,235 $ 437,965 Fund: 108 - Paths & Trails $ 15,800 $ - $ 15,800 Fund: 109 - Real Estate Excise Tax $ 8,015,800 $ 797,198 $ 7,218,602 Fund: 111 - Impact Mitigation Fee $ 16,181,800 $ 2,239,287 $ 13,942,513 Fund: 206 - Bond Redemption Fund $ 1,797,400 $ 299,652 $ 1,497,748 Fund: 302 - Capital Construction $ 22,731,300 $ 6,084,131 $ 16,647,169 Fund: 304 - Street Capital Projects $ 17,512,400 $ 1,521,656 $ 15,990,744 Fund: 411 - Water Operating $ 11,696,900 $ 3,712,492 $ 7,984,408 Fund: 412 - Water Stabilization $ 1,066,500 $ - $ 1,066,500 Fund: 413 - Water Capital $ 22,658,800 $ 2,450,473 $ 20,208,327 Fund: 414 - Water Debt Service $ 3,096,300 $ 663,039 $ 2,433,261 Fund: 421 - Storm Drainage Utility $ 4,900,900 $ 1,765,516 $ 3,135,384 Fund: 422 - Storm Drainage Stabilization $ 543,000 $ - $ 543,000 Fund: 423 - Storm Drainage Capital Facil $ 893,200 $ 555,793 $ 337,407 Fund: 424 - Storm Drainage Debt Service $ 398,400 $ 177,877 $ 220,523 Fund: 431 - Sewer Operating $ 17,306,100 $ 4,712,626 $ 12,593,474 Fund: 432 - Sewer Stabilization $ 1,546,300 $ - $ 1,546,300 Fund: 433 - Sewer Capital $ 30,457,200 $ 1,771,921 $ 28,685,279 Fund: 434 - Sewer Debt Service $ 1,927,200 $ 17,346 $ 1,909,854 Fund: 500 - Equipment Rental and Revolving $ 9,255,300 $ 1,694,296 $ 7,561,004 Fund: 632 -Wastewater Treatment Facil Fee $ 10,334,900 $ 563,600 $ 9,771,300 Fund 109 Real Estate Excise Tax (above) is reported on the financial statements as Fund 309 Real Estate Excise Tax. Due to a change in accounting principles the Wastewater Treatment Facility Fee Fund 632 is reported as part of the Sewer Utility on the Financial Statements. Budgeted amounts are authorized to be transferred between departments within any fund; however, any revisions that alter the total expenditures of a fund, or that affect the number of authorized employee positions, salary ranges, hours, or other conditions of employment must be approved by the City's legislative body. CITY OF PORT ORCHARD Notes to Financial Statements For the Year Ended December 31, 2023 Note 3—Deposits and Investments Investments are reported at amortized cost. Deposits and investments by type at December 31, 2023 are as follows: Investment held by city City's Own as an agency for other Type of Investment Investments local governments Total Cash on Deposit $ 2,215,424 $ 27 $ 2,215,451 Washington State Local Government Investment Pool (LGIP) $ 70,043,036 $ 70,043,036 Kitsap County Investment Pool (KCIP) $ 21,869,601 $ 21,869,601 Total $ 94,128,061 $ 27 $ 94,128,088 It is the City's policy to invest all temporary cash surpluses. The interest on these investments is prorated to the various funds. Investments in the State Local Government Investment Pool (LGIP) The city is a voluntary participant in the Local Government Investment Pool, an external investment pool operated by the Washington State Treasurer. The pool is not rated and not registered with the SEC. Rather, oversight is provided by the State Finance Committee in accordance with Chapter 43.250 RCW. Investments in the LGIP are reported at amortized cost, which is the same as the value of the pool per share. The LGIP does not impose any restrictions on participant withdrawals. The Office of the State Treasurer prepares a stand-alone financial report for the pool. A copy of the report is available from the Office of the State Treasurer, PO Box 40200, Olympia, Washington 98504-0200, online at www.tre.wa.gov. Investments in Kitsap County Investment Pool The city is an involuntary participant in the Kitsap County Investment Pool, an external investment pool operated by the County Treasurer. The pool is not rated or registered with the SEC. Rather, oversight is provided by the County Finance Committee in accordance with RCW 36.48.070. The city reports its investment in the pool at amortized cost, which is the same as the value of the pool per share. The KCIP does not impose liquidity fees or redemption gates on participant withdrawals. Custodial Credit Risk Custodial credit risk for deposits is the risk that, in event of a failure of a depository financial institution, the city would not be able to recover deposits or would not be able to recover collateral CITY OF PORT ORCHARD Notes to Financial Statements For the Year Ended December 31, 2023 securities that are in possession of an outside party. The city's deposits and certificates of deposit are mostly covered by federal depository insurance (FDIC) or by collateral held in a multiple financial institution collateral pool administered by the Washington Public Deposit Protection Commission (PDPC). All investments are insured, registered or held by the city or its agent in the government's name. Compensating Balances The amounts reported as cash and cash equivalents also include compensating balances maintained with certain banks in lieu of payments for services rendered. The average compensating balance maintained during 2023 was approximately $2,486,413 Note 4 - Property Tax The county treasurer acts as an agent to collect property tax levied in the county for all taxing authorities. Collections are distributed at the end of each month. Property tax revenues are recognized when cash is received by the City. Delinquent taxes are considered fully collectible because a lien affixes to the property after tax is levied. The City's regular levy for the year 2023 was $1.121112 per $1,000 on an assessed valuation of $3,042,683,290 for a total regular levy of $3,411,191. Note 5 — Long -Term Debt Debt Service The accompanying Schedule of Liabilities provides more details of the outstanding debt and liabilities of the City and summarizes the City's debt transactions for year ended December 31, 2023. CITY OF PORT ORCHARD Notes to Financial Statements For the Year Ended December 31, 2023 The debt service requirements for general obligation bonds, notes payable, and intergovernmental loans are as follows: Due Date Principal Amount Interest Amount Total Amount 2024 1,115, 887 714,311 1,830,198 2025 1,166,178 660,856 1,827,035 2026 1,196,477 630,416 1,826,893 2027 1,216,783 598,759 1,815,543 2028 1,247,097 566,241 1,813,338 2029-2033 6,115, 340 2,300,898 8,416,238 2034-2038 4,487, 279 1,442,025 5,929,304 2039-2043 3,886,014 579,510 4,465,524 2044-2048 75,452 905 76,357 2049-2053 75,452 905 76,357 2054-2058 15,090 181 15,271 Grand Total 20,597,051 7,495,007 28,092,057 The city has entered into agreements for the following loans with no activity to report for Fiscal Year 2023: Maturity Contract Payment Total Loan Number Description Project Interest Rate Due Date Amount 058-22 Drinking Water State Revolving Fund Loan Well No. 11 Development, Treatment & Booster Pump 1.75% 10/1/2046 $ 8,080,000 028-24 Public Works Board Bay Street Lift Station-Preconstruction 0.69% 10/4/2028 $ 850,000 Note 6 — Leases The city leases land from the State for $20,339.45 per year under a lease agreement that is for 12 years. The lease began June of 2012 and will end June of 2024 that cannot be cancelled. The city leases a storage building from the State for $967.17 per month under a lease agreement that is for 3 years. The lease began April of 2022 and will end March of 2025 and can be cancelled with 90 days' notice. The city leases office space from Hillstrom Holdings for $3,600 per month under two lease agreements with an initial term of three years. These leases began January of 2023 and will end December of 2025 there is an option to be renewed twice for an additional three years each time ending in December of 2031. Th city leased four copiers from Pacific Office Automation for $534 per month under a five year lease agreement that began August 2018 and will end August 2023 and cannot be cancelled. This agreement ended in 2023. CITY OF PORT ORCHARD Notes to Financial Statements For the Year Ended December 31, 2023 The total amount paid for leases in 2023 was $78,798. As of December 31, 2023, the future lease payments are as follows: Year ended December 31 iTotal 2024 $ 55,931 2025 $ 47,934 2026 $ 45,844 2027 $ 46,761 2028 $ 47,696 2029-2031 $ 148,889 Total $ 393,056 Note 7 — Subscription Based Information Technology Arrangements (SBITA) During the year ended 2023, the city adopted guidance for the presentation and disclosure of Subscription Based Information Technology Arrangements (SBITA), as required by the BARS manual. This requirement resulted in the addition of a subscription liability reported on the Schedule of Liabilities. These liabilities are included on the Schedule 9- Schedule of Long-term Liabilities. The city made an annual subscription payment of $7,500 in 2023 for agenda management software. The SBITA contract began in 2023 has a term for three years and includes an option to extend automatically in 12-month terms unless either party chooses to terminate. The lease amount increases by 7% each year. The city made an annual subscription payment of $15,000 in 2023 for online permitting software. The SBITA contract began in 2022 has an initial term for three years and includes an option to extend automatically in 12-month terms unless either party chooses to terminate. The city made an annual subscription payment of $20,088 in 2023 for permitting software. The SBITA contract began in 2022 has a term for three years and includes an option to extend automatically in 12-month terms unless either party chooses to terminate. The lease amount increases by 2.5% each year. The city made an annual subscription payment of $50,672 in 2023 for financial software. The SBITA contract began in 2018 has an initial term for five years and includes an option to extend automatically in 12-month terms unless either party chooses to terminate. The total amount paid for leases in 2023 was $93,260. As of December 31, 2023, the future SBITA payments are as follows: CITY OF PORT ORCHARD Notes to Financial Statements For the Year Ended December 31. 2023 Year ended December 31 Total 2024 $ 43,615 2025 $ 8,587 Total $ 52,202 Note 8 — OPEB Plans The LEOFF I Retiree Medical Plan is a closed, single -employer, defined -benefit OPEB plan administered by the City as required by RCW 41.26. The plan pays for 100% of eligible retirees' healthcare costs on a pay-as-you-go basis. As of December 31, 2023, the plan had three members, all retirees. As of December 31, 2023, the city's total OPEB liability was $1,549,712 as calculated using the alternative measurement method. For the year ended December 31, 2023 the City paid $38,085 in benefits. Note 9 — Pension Plans A. State Sponsored Pension Plans Substantially all City's full-time and qualifying part-time employees participate in the following statewide retirement systems administered by the Washington State Department of Retirement Systems (DRS), under cost -sharing, multiple -employer public employee defined benefit and defined contribution retirement plans: Public Employees' Retirement System (PERS) and Law Enforcement Officers' and Fire Fighters' Retirement System (LEOFF). The State Legislature establishes, and amends, laws pertaining to the creation and administration of all public retirement systems. The Department of Retirement Systems, a department within the primary government of the State of Washington, issues a publicly available Comprehensive Annual Financial Report (ACFR) that includes financial statements and required supplementary information for each plan. The DRS ACFR may be downloaded from the DRS website at www.drs.wa.gov. At June 30, 2023, the City's proportionate share of the collective net pension liabilities (assets) was as follows: Employer Plan Contributions Allocation % Liability (Asset) PERS 1 $ 231,215 0.033930% $ 774,531 PERS 2/3 $ 382,584 0.043514% $ (1,783,501) LEOFF 1 $ - 0.007323% $ (217,348) LEOFF 2 $ 116,373 0.051557% $ (1,236,645) CITY OF PORT ORCHARD Notes to Financial Statements For the Year Ended December 31, 2023 Only the net pension liabilities are reported on the schedule 09. LEOFF Plan 1 The City also participates in LEOFF Plan 1. The LEOFF Plan 1 is fully funded and no further employer contributions have been required since June 2000. If the plan becomes underfunded, funding of the remaining liability will require new legislation. Starting on July 1, 2000, employers and employees contribute zero percent. LEOFF Plan 2 The City also participates in the LEOFF Plan 2. The Legislature, by means of a special funding arrangement, appropriates money from the state general fund to supplement the current service liability and fund the prior service costs of Plan 2 in accordance with the recommendations of the Pension Funding Council and the LEOFF Plan 2 Retirement Board. This special funding situation is not mandated by the state constitution and could be changed by statute. Note 10 — Risk Management The City of Port Orchard is a member of the Association of Washington Cities Risk Management Service Agency (AWC RMSA). Chapter 48.62 RCW authorizes the governing body of any one or more governmental entities to form together into or join a pool or organization for the joint purchasing of insurance, and/or joint self -insuring, and/or joint hiring or contracting for risk management services to the same extent that they may individually purchase insurance, self -insure, or hire or contract for risk management services. An agreement to form a pooling arrangement was made pursuant to the provisions of Chapter 39.34 RCW, the Interlocal Cooperation Act. The AWC RMSA was formed on January 1, 1989, when 32 municipalities in the State of Washington joined by signing an Interlocal Governmental Agreement to pool their self -insured losses and jointly purchase insurance and administrative services. As of December 31, 2023, 106 entities participate in the AWC RMSA pool. The AWC RMSA allows members to establish a program of joint insurance and provides risk management services to all members. All coverages, with the exception of pollution liability, are on an occurrence basis. The AWC RMSA provides all risk property, comprehensive crime, general liability, automobile liability, police liability, public officials' liability, employee fidelity and faithful performance, pollution liability, cyber liability, and equipment breakdown insurance coverage. Equipment breakdown is included with the property insurance carrier. Pollution and cyber liability coverages are stand-alone policies which the AWC RMSA procures for its members. The AWC RMSA allows members with airports to group purchase airport liability coverage, and members with drones to group purchase property and liability coverage. CITY OF PORT ORCHARD Notes to Financial Statements For the Year Ended December 31, 2023 Members pay an annual assessment to the AWC RMSA. The AWC RMSA is responsible for payment of all covered causes of loss against the jurisdiction above the stated retention. All members in the AWC RMSA have $15 million in both per occurrence and aggregate liability limits. AWC RMSA is self -insured for its Self -Insured Retention (SIR) of $500,000, per occurrence, and is reinsured by National League of Cities Mutual Insurance Company (NLC MIC) for the additional $500,000. $9.5 million in excess liability coverage limits is provided through an excess liability policy purchased from National League of Cities Mutual Insurance Company (NLC MIC). The $5 million in excess liability coverage limits above the first layer of excess coverage is purchased from Hallmark Specialty Insurance Company. Since AWC RMSA is a cooperative program, there is joint liability among the participating members. The property reinsurance coverage is purchased through NLC MIC and excess property coverage is purchased through AIG Specialty Insurance Company and CHUBB. In 2023, AWC RMSA carried a retention of $300,000, NLC MIC reinsures up to $3 million, AIG Specialty Insurance Company provides excess insurance up to $50 million, and CHUBB provides the remaining limits up to a total of $250 million. All commercial policies have been purchased through the pool's Broker of Record, Aon. Members contract to remain in the AWC RMSA pool for a minimum of one year and must give a one-year notice before terminating participation. Even after termination, a member is still responsible for contributions to the Pool for any unresolved, unreported, and in -process claims for the period they were signatory to the Interlocal Governmental Agreement. The AWC RMSA establishes a loss fund for both reported and unreported insured events, which includes estimates of both future payments of losses and related claim adjustment expenses. In accordance with WAC 200.100.02023, the AWC RMSA is governed by a board of directors, which is comprised of elected officials of participating members. Note 11. Joint Ventures In 1983, the City of Port Orchard and West Sound Utility District (previously the Karcher Creek Sewer District) amended an intergovernmental agreement relating to the construction and management of the secondary wastewater treatment facility. In April of 2014 the City and District signed an interlocal agreement for the management and operation of the joint wastewater treatment facility for an additional term of 25 years. This joint venture establishes a Sewer Advisory Committee (SAC) consisting of three representatives from each entity who prepare and monitor the Facility's budget. The District and the City share 50% ownership in the facility's total assets. The Utility District is responsible for the daily operation of the facility. The participants pay their share of the expenses based on their portion of flow into the facility. The City and the District pay the joint venture an amount determined during the budget process to cover maintenance, operation, CITY OF PORT ORCHARD Notes to Financial Statements For the Year Ended December 31, 2023 capital improvements and debt monthly. The current cost sharing is 48.83% City and 51.17% District and in 2023 the city paid $1,710,786. The City was the lead agency on the wastewater treatment plant expansion project, and is the signatory on two Public Works Trust Fund Loans for the Facility's expansion. In 2004, the city guaranteed two Public Works Trust Funds loans of the South Kitsap Water Reclamation Facility, a legally separate entity. In the event that the South Kitsap Water Reclamation Facility is unable to make a payment, City of Port Orchard will be required to meet the obligation. The total amount of outstanding debt subject of this guarantee at year end was $361,800. Revenues of the facility are used to make debt service payments on the two loans. Annually, the facility makes a payment to the City to cover the debt service on these loans. The SAC recommended and the City Council and the District Commissioners approved using a portion of Wastewater Treatment Facility Fees collected by each jurisdiction to help make the annual debt payments. This cost sharing formula is 50% and in 2023 each entity paid $200,000. Note 12. Significant Commitments or Obligations 580 Zone Reservoir (Water CFC Reimbursement): At the year-end the city had a commitment for a development agreement C003-07 Amendment 1, adopted in 2019 with McCormick Communities, LLC. The agreement allows for reimbursement for construction of the 580 Zone Reservoir for a total of $2,789,915. The reimbursement is paid from the Water Capital Facility Fees collected by the city from development within the Western Service Area pursuant to the reimbursement agreement. The reimbursement amount is set and fixed at $1,000 per applicable connection of Water Capital Facility Charge Fees collected in the area by the city. In 2023, the city paid $211,000. As of December 31, 2023; the amount outstanding is $2,393,915. Note: The reimbursement amount is fixed at $1,000. Glenwood Connector Roadway(Transportation Impact Fee Reimbursement): At the year- end the city had a commitment for a development agreement C035-21 with McCormick Land Company. The agreement allows for a reimbursement for construction of the Glenwood Connector Roadway and the Old Clifton/Feigley intersection for a total of $2,200,296.37. The reimbursement is paid from the Transportation Impact Fees collected by the city from development within the McCormick Urban Village pursuant to the development agreement. Per the agreement reimbursement rate shall be increased annually by CPI-U (Seattle/Tacoma/Bellevue) for the most recent twelve-month period (January 1 st to December 31 st) prior to the date of the adjustment. Such adjustment shall take effect on March 1st each year, commencing on March 1, 2021. For 2021 the reimbursement amount was established at $720.80 and adjusted on March 1, 2021 to a value of $733.05. From March 1, 2021 thru Feb 28,2022 the value for reimbursement was $733.05. From March 1, 2022 thru Feb 28,2023 the value for reimbursement was $766.77. From March 1, CITY OF PORT ORCHARD Notes to Financial Statements For the Year Ended December 31, 2023 2023 thru Feb 28,2024 the value for reimbursement was $835.78. In 2023, the city paid $111,871.82. As of December 31, 2023, the amount outstanding is $1,225,470.83. Note: The reimbursement amount is annually adjusted per CPI-U effective March 1 each year. Old Clifton Road/Campus Parkway Roundabout (Transportation Impact Fee Credit): At the year-end the city had a commitment for a development agreement C035-21 with McCormick Communities, LLC. The agreement allows for a credit for construction of the Old Clifton Rd/Campus Pkwy Roundabout Transportation Impact Fee (TIF) Study 1.5C and McCormick Woods Drive Intersection TIF 2.08 and for a total up to $3.2 million or $1,600,000 for each project. The total credit amount will be established upon project acceptance and final certified cost if less than the total $3.2 million. The city established the maximum credit for the Old Clifton Road/Campus Parkway Roundabout with Resolution 002-23 on February 28, 2023. The maximum credit was established pursuant to the agreement by adjusting the engineers estimate of $1.6 million by CPI-U of 1.7% on March 1, 2021, and an additional CPI-U increase of 4.6% on March 1, 2022, for a total maximum credit value of $1,702,051. The credit is given at the time Transportation Impact Fees are collected by the city from development. Per the agreement reimbursement rate shall be increased annually by CPI-U (Seattle/Tacoma/Bellevue) for the most recent twelve-month period (January 1 st to December 31 st) prior to the date of the adjustment. Such adjustment shall take effect on March 1 st each year. The Transportation Fee credit amount was established at $1,000 as of February 2021 and was adjusted on March 1, 2021 to a value of $1,017. From March 1, 2021, thru Feb 28,2022 the value for credit was $1,017. From March 1, 2022 thru Feb 28,2023 the value for credit was $1,063.78. From March 1, 2023, thru Feb 28,2024 the value for credit was $1,159.52. In 2023, the city provided a total credit amount of $155,205.48. As of December 31, 2023, the amount of credit available is $1,320,636. Note: The credit amount is annually adjusted per CPI-U effective March I each year. The Old Clifton Road/McCormick Woods Drive Intersection Improvement has not yet been constructed and therefore credit for this project has not yet been approved. Sidney Road Apartments (Park Impact Fee Credit): At the year-end the city had a commitment for a development agreement C076-21 with Sidney Road (Haven) Apartments, LLC. The agreement allows for the developer to receive a park impact fee credit for the Ruby Creek Regional Park (PK4) up to a total of $126,144 or certified costs if less than the identified max, if the Developer transfers the Planned Park Property to the City. The credit is given at the time park impact fees are collected by the city from the development if the Park property is deeded over to the City. As of December 31, 2023 no credit has been provided. McCormick Communities, LLC (Water CFC Credit): As of March 14, 2022, the city had a commitment for a development agreement C048-22 with McCormick Communities, LLC. The agreement allows for a max credit amount of $11,840,625 for certified construction cost if less than the max for the following five Water Capital Improvement Projects: CITY OF PORT ORCHARD Notes to Financial Statements For the Year Ended December 31, 2023 1. CIP No. 09 Well 12 Development, Treatment, and Booster Pump Station ($7 mil) 2. CIP No. 13 390 to 580 Zone Booster Station 2nd Lift (Glenwood) ($725,000) 3. CIP No. 14 390 to 580 Zone Transmission Main (to Glenwood PS) ($515,624) 4. CIP No. 15 580 to 660 Zone Booster Station ($750,000) 5. CIP No. 16 660 Zone Storage ($2,850,000) The total credit amount will be established upon project acceptance and final certified cost if less than the total $11,840,625. The credit is given at the time water capital facility fees are collected by the city from the builders. The water capital facility fee credit amount was established at $5,920 as of March 1, 2022 and adjusted to $6,517.92 as of October 1, 2022 per the agreement and POMC. From October 1, 2022 thru September 30, 2023 the fee was $6,517.92. From October 1, 2023 thru September 30, 2024 the fee will be $6,817.74. In 2023, the city provided credit in the amount of $713,749.58 against CIP No.16 660 Zone Storage of $2,850,000 leaving a total credit balance for this project of $1,598,069.14. Note: The credit amount is annually adjusted per CPI-U effective October 1 each year per POMC 13.04.065 Sidney Rd(S)-Haven Townhomes (Transportation Impact Fee Credit): As of May 10, 2022, the city had a commitment for a development agreement C070-22 with Haven Townhomes LLC. The agreement allows for a credit for construction of the Sidney Rd (S) Widening Transportation Impact Fee (TIF) Study 2.05 for the west side of the street improvement for a total up to $315,949 or up to the full anticipate TIF's to be paid if certified costs are larger than expected. The credit is given at the time Transportation Impact Fees are charged by the city for this development. As of December 31, 2023 no credit has been provided. McCormick Communities, LLC (Park Impact Fee Credit): As of September 26, 2022, the city had a commitment for a development agreement C 110-22 with McCormick Communities, LLC for park improvements as identified below. The agreement allows for a max credit amount of $5,320,285, to be limited to the total park impact fees due on the Project, the estimated cost for the Park Improvements Projects or the actual costs incurred by McCormick (determined by the final certified construction cost) whatever amount is less. 1. Prior McCormick Payment C002-10 ($643,743) 2. McCormick Village Park Phase 3 ($1,250,000) 3. St. Andrew's Multi -Modal Trail (in McCormick Woods) ($979,012) 4. McCormick West Multi -Modal Trail Phase 1 ($1,468,518) 5. McCormick West Multi -Modal Trail Phase 2 ($979,012) The city provided a credit amount of $643,743 to reflect the prior payment and contract with McCormick Communities. In 2023, the city provided credit in the amount of $273,088 leaving a total credit balance for this project of $348,567. CITY OF PORT ORCHARD Notes to Financial Statements For the Year Ended December 31, 2023 Note: The maximum park impact fee credit per dwelling unit is fixed at $2,008 and will not be adjusted per the agreement. Blueberry Apartments (Transportation Impact Fee Credit): As of June 27, 2023, the city had a commitment for a development agreement C039-23 with Blueberry Apartments QOZB LLC. The agreement allows for a credit for dedication of certain property necessary for the City to construction a portion of Bethel Phase 1 of the Bethel/Sedgwick Corridor Ph.1 (TIF) Study 2.04A. The credit shall be limited to the lessor of the total transportation impact fees due on the project (currently estimated at $245,245.84) or the value of the Transportation improvement project property dedication. The credit is given at the time Transportation Impact Fees are charged by the city for this development. As of December 31, 2023 no credits has been provided. Diaz Meadows (Water CFC Credit): As of October 10, 2023, the city had a commitment for a development agreement C082-23 with Diaz Meadows LLC. The agreement allows for a credit for design, permitting and construction for a portion of the 580 to 390 Zone transmission project identified as project #8 on Water System Capital Improvement Plan for a total credit of $182,250. The credit is given at the time water capital facility fees are collected by the city from the builders. As of December 31, 2023 no credits has been provided. Note 13. Contingencies & Liabilities Blake Decision. In February 2021, the Washington State Supreme Court issued an opinion in State of Washington v. Blake, declaring that RCW 69.50.4013, Washington's simple possession of a controlled substance statute violates the due process clause of the state and federal constitution. Individuals convicted under that statute beginning in 1971 may be eligible to have their convictions vacated and/or be resentenced. All penalties, fines and restitution (Legal Financial Obligations "LFO") imposed in connection with simple possess convictions must be refunded. At this time the City does not have the information necessary to make an estimate of any potential liability. It is the city's position that this liability is the responsibility of the State. The State has thus far provided funding sufficient for the City to process vacations and refund LFOs. City of Port Orchard Schedule 01 MCAG Fund # Fund Name For the year ended December 31, 2023 BARS Account BARS Name 0455 001 Current Expense 3111000 Property Tax 0455 001 Current Expense 3131100 Local Retail Sales and Use Tax 0455 001 Current Expense 3132700 Affordable and Supportive Housing Sales and Use Tax 0455 001 Current Expense 3164100 Business and Occupation Taxes on Utilities 0455 001 Current Expense 3164200 Business and Occupation Taxes on Utilities 0455 001 Current Expense 3164300 Business and Occupation Taxes on Utilities 0455 001 Current Expense 3164400 Business and Occupation Taxes on Utilities 0455 001 Current Expense 3164500 Business and Occupation Taxes on Utilities 0455 001 Current Expense 3164600 Business and Occupation Taxes on Utilities 0455 001 Current Expense 3164700 Business and Occupation Taxes on Utilities 0455 001 Current Expense 3164800 Business and Occupation Taxes on Utilities 0455 001 Current Expense 3168100 Gambling Tax - Punch Boards and Pull Tabs 0455 001 Current Expense 3168300 Gambling Tax - Amusement Games 0455 001 Current Expense 3172000 Leasehold Excise Tax 0455 001 Current Expense 3181100 Admissions Tax 0455 001 Current Expense 3213000 Police and Protective 0455 001 Current Expense 3216000 Professional and Occupations 0455 001 Current Expense 3217000 Amusements 0455 001 Current Expense 3219900 Other Business Licenses $93,234 and Permits 0455 001 Current Expense 3219902 Other Business Licenses $1,875 and Permits 0455 001 Current Expense 3221000 Buildings, Structures $1,371,670 and Equipment 0455 001 Current Expense 3221001 Buildings, Structures $10,931 and Equipment 0455 001 Current Expense 3223000 Animal Licenses $543 0455 001 Current Expense 3229000 Other Non -Business $3,237 Licenses and Permits 0455 001 Current Expense 3339700 Federal Indirect Grant $7,849 from Department of Homeland Security 0455 001 Current Expense 3340120 State Grant from Other $14,727 Judicial Agencies 0455 001 Current Expense 3340230 State Grant from $97,887 Department Natural Resources 0455 001 Current Expense 3340420 State Grant from $137,500 Department of Commerce 0455 001 Current Expense 3360642 Marijuana Excise Tax $84,946 Distribution 0455 001 Current Expense 3360694 Liquor/Beer Excise Tax $114,988 0455 001 Current Expense 3360695 Liquor Control Board $125,392 Profits 0455 001 Current Expense 3370000 Local Grants, $78,980 Entitlements, Tribal Government Distributions, and Other Payments 0455 001 Current Expense 3371000 Local Grants, $151 Entitlements, Tribal Government Distributions, and Other Payments 0455 001 Current Expense 3413300 District/Municipal Court - $3,626 Administrative Fees 0455 001 Current Expense 3416200 Word Processing, $214 Printing and Duplicating Services - Municipal/District Court 0455 001 Current Expense 3417000 Sales of Merchandise $100 0455 001 Current Expense 3418100 Data/Word Processing, $2,696 Printing, Duplicating and IT Services 0455 001 Current Expense 3419500 Legal Services $421 0455 001 Current Expense 3421000 Law Enforcement $15,663 Services 0455 001 Current Expense 3423300 Detention and $41,362 Correction Services 0455 001 Current Expense 3424000 Protective Inspection $3,300 Services 0455 001 Current Expense 3424001 Protective Inspection $275 Services 0455 001 Current Expense 3425000 Disaster Preparation $5,813 Services 0455 001 Current Expense 3452900 Other Environmental $500 Services 0455 001 Current Expense 3458100 Zoning and Subdivision $35,571 Services 0455 001 Current Expense 3458300 Plan Checking Services $603,981 0455 001 Current Expense 3458301 Plan Checking Services $22,272 0455 001 Current Expense 3458900 Other Planning and $11,400 Development Services 0455 001 Current Expense 3458901 Other Planning and $12,631 Development Services 0455 001 Current Expense 3479000 Other Culture and $2,905 Recreation Fees 0455 001 Current Expense 3523000 Proof of Motor Vehicle $147 Insurance 0455 001 Current Expense 3531000 Traffic Infraction $52,609 Penalties 0455 001 Current Expense 3537000 Non -Traffic Infraction $448 Penalties 0455 001 Current Expense 3540000 Civil Parking Infraction $33,977 Penalties 0455 001 Current Expense 3552003 Driving Under Influence $1,660 (DUI) Fines 0455 001 Current Expense 3558002 Other Criminal Traffic $11,429 Misdemeanor Fines 0455 001 Current Expense 3565000 Investigative Fund $1,614 Assessments 0455 001 Current Expense 3569000 Other Criminal Non- $4,478 Traffic Fines 0455 001 Current Expense 3573300 Public Defense Cost $6,473 0455 001 Current Expense 3573701 District/Municipal Court $4 Cost Recoupments 0455 001 Current Expense 3590000 Non -Court Fines and $30 Penalties 0455 001 Current Expense 3599000 Non -Court Fines and $53 Penalties 0455 001 Current Expense 3611100 Investment Earnings $707,964 0455 001 Current Expense 3614000 Other Interest $24,056 0455 001 Current Expense 3614001 Other Interest $6,990 0455 001 Current Expense 3623000 Rents and Leases $47,191 0455 001 Current Expense 3624000 Rents and Leases $854 0455 001 Current Expense 3624100 Rents and Leases $163 0455 001 Current Expense 3625000 Rents and Leases $39,047 0455 001 Current Expense 3625100 Rents and Leases $113 0455 001 Current Expense 3671100 Contributions and $42,372 Donations from Nongovernmental Sources 0455 001 Current Expense 3691000 Sale of Surplus $298 0455 001 Current Expense 3693000 Confiscated and $460 Forfeited Property 0455 001 Current Expense 3694000 Judgments and $25,701 Settlements 0455 001 Current Expense 3698100 Cash Adjustments ($8) 0455 001 Current Expense 3699100 Miscellaneous Other $2,937 Operating 0455 001 Current Expense 3111000 Property Tax $1,199,794 0455 001 Current Expense 3132100 Public Transportation $748,940 Systems Sales and Use Tax 0455 001 Current Expense 3176000 Transportation Benefit $248,294 District Vehicle Fees 0455 001 Current Expense 3224000 Street and Curb Permits $13,340 0455 001 Current Expense 3340380 State Grant from $336,087 Transportation Improvement Board (TIB) 0455 001 Current Expense 3360071 Multimodal $21,295 Transportation - Cities 0455 001 Current Expense 3360087 0455 001 Current Expense 3441000 0455 001 Current Expense 3458100 0455 001 Current Expense 3458900 0455 001 Current Expense 3611100 0455 001 Current Expense 3625000 0455 001 Current Expense 3671100 0455 001 Current Expense 3691000 0455 001 Current Expense 3699100 0455 001 Current Expense 3611100 0455 103 Criminal Justice 3137100 0455 103 Criminal Justice 3360620 0455 103 Criminal Justice 3360621 0455 103 Criminal Justice 3360626 0455 103 Criminal Justice 3360651 0455 103 Criminal Justice 3611100 0455 104 Special Investigative Unit 3611100 0455 107 Community Events 3133100 0455 107 Community Events 3611100 0455 108 Paths & Trails 3360087 0455 108 Paths & Trails 3611100 0455 309 Real Estate Excise Tax 3183400 0455 309 Real Estate Excise Tax 3183500 Motor Vehicle Fuel Tax - $302,391 City Streets Roads/Streets $1,280 Maintenance/Repair/Con struction Services Zoning and Subdivision $740 Services Other Planning and $6,118 Development Services Investment Earnings $86,321 Rents and Leases $10,821 Contributions and $10,920 Donations from Nongovernmental Sources Sale of Surplus $401 Miscellaneous Other $1,697 Operating Investment Earnings $150,790 Criminal Justice Sales $368,476 and Use Tax Criminal Justice - Cities - $52,644 High Crime Criminal Justice - Violent $5,931 Crimes/Population Criminal Justice - Special $20,934 Programs DUI and Other Criminal $1,135 Justice Assistance Investment Earnings $36,781 Investment Earnings $3,310 Hotel/Motel Sales and $163,426 Use Tax Investment Earnings $19,908 Motor Vehicle Fuel Tax - $1,275 City Streets Investment Earnings $752 REET 1 - First Quarter $1,056,055 Percent REET 2 - Second $1,056,055 Quarter Percent 0455 309 Real Estate Excise Tax 3611100 Investment Earnings $136,485 0455 111 Impact Mitigation Fee 3458500 Growth Management Act $2,046,801 (GMA) Impact Fees 0455 111 Impact Mitigation Fee 3458500 Growth Management Act $2,115,701 (GMA) Impact Fees 0455 111 Impact Mitigation Fee 3458500 Growth Management Act $579,074 (GMA) Impact Fees 0455 111 Impact Mitigation Fee 3611100 Investment Earnings $317,844 0455 206 Bond Redemption Fund 3611100 Investment Earnings $15 0455 302 Capital Construction 3370000 Local Grants, $228,355 Entitlements, Tribal Government Distributions, and Other Payments 0455 302 Capital Construction 3611100 Investment Earnings $76,684 0455 304 Street Capital Projects 3331420 Federal Indirect Grant $51,450 from Department of Housing and Urban Development 0455 304 Street Capital Projects 3332020 Federal Indirect Grant $243,291 from Department of Transportation 0455 304 Street Capital Projects 3611100 Investment Earnings $114,989 0455 411 Water Utility 3434000 Water Sales and $256,384 Services 0455 411 Water Utility 3434000 Water Sales and $2,807,506 Services 0455 411 Water Utility 3434000 Water Sales and $28,938 Services 0455 411 Water Utility 3434000 Water Sales and $804,427 Services 0455 411 Water Utility 3434200 Water Sales and $7,711 Services 0455 411 Water Utility 3434200 Water Sales and $86,836 Services 0455 411 Water Utility 3458300 Plan Checking Services $3,911 0455 411 Water Utility 3458900 Other Planning and $900 Development Services 0455 411 Water Utility 3590000 Non -Court Fines and $47,139 Penalties 0455 411 Water Utility 3611100 Investment Earnings $185,849 0455 411 Water Utility 3620000 Rents and Leases $78,246 0455 411 Water Utility 3691000 Sale of Surplus $298 0455 411 Water Utility 3699100 Miscellaneous Other $772 Operating 0455 411 Water Utility 3611100 Investment Earnings $50,543 0455 411 Water Utility 3434000 Water Sales and $1,989,542 Services 0455 411 Water Utility 3611100 Investment Earnings $424,545 0455 421 Storm Drainage Utility 3221000 Buildings, Structures $38,014 and Equipment 0455 421 Storm Drainage Utility 3340310 State Grant from $51,912 Department of Ecology 0455 421 Storm Drainage Utility 3340312 State Grant from $75,000 Department of Ecology 0455 421 Storm Drainage Utility 3431000 Storm Drainage Sales $868,785 and Services 0455 421 Storm Drainage Utility 3431000 Storm Drainage Sales $957,858 and Services 0455 421 Storm Drainage Utility 3431010 Storm Drainage Sales $315 and Services 0455 421 Storm Drainage Utility 3431099 Storm Drainage Sales $24,500 and Services 0455 421 Storm Drainage Utility 3458900 Other Planning and $20,025 Development Services 0455 421 Storm Drainage Utility 3590000 Non -Court Fines and $22,247 Penalties 0455 421 Storm Drainage Utility 3611100 Investment Earnings $79,400 0455 421 Storm Drainage Utility 3691000 Sale of Surplus $71 0455 421 Storm Drainage Utility 3699100 Miscellaneous Other $122 Operating 0455 421 Storm Drainage Utility 3611100 Investment Earnings $28,397 0455 421 Storm Drainage Utility 3611100 Investment Earnings $6,229 0455 431 Sewer Utility 3435000 Sewer/Reclaimed Water $1,035,185 Sales and Services 0455 431 Sewer Utility 3435000 Sewer/Reclaimed Water $12,471 Sales and Services 0455 431 Sewer Utility 3435000 Sewer/Reclaimed Water $29,122 Sales and Services 0455 431 Sewer Utility 3435000 Sewer/Reclaimed Water $5,149,676 Sales and Services 0455 431 Sewer Utility 3458300 Plan Checking Services $4,058 0455 431 Sewer Utility 3458900 Other Planning and $900 Development Services 0455 431 Sewer Utility 3590000 Non -Court Fines and $50,193 Penalties 0455 431 Sewer Utility 3611100 Investment Earnings $276,879 0455 431 Sewer Utility 3691000 Sale of Surplus $71 0455 431 Sewer Utility 3699100 Miscellaneous Other $106 Operating 0455 431 Sewer Utility 3611100 Investment Earnings $75,639 0455 431 Sewer Utility 3435000 Sewer/Reclaimed Water $2,562,187 Sales and Services 0455 431 Sewer Utility 3611100 Investment Earnings $273,629 0455 431 Sewer Utility 3611100 Investment Earnings $29,270 0455 500 Equipment Rental and 3480000 Internal Service Funds $107,800 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $114,635 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $11,757 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $11,841 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $12,500 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $15,300 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $173,900 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $203,500 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $245,841 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $25,356 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $31,300 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $3,174 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $47,901 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $5,585 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $59,426 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $69,947 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $7,000 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $7,000 Revolving Sales and Services 0455 500 Equipment Rental and 3480000 Internal Service Funds $97,469 Revolving Sales and Services 0455 500 Equipment Rental and 3611100 Investment Earnings $190,184 Revolving 0455 500 Equipment Rental and 3699100 Miscellaneous Other $107 Revolving Operating 0455 431 Sewer Utility 3435000 Sewer/Reclaimed Water $1,081,190 Sales and Services 0455 431 Sewer Utility 3611100 Investment Earnings $247,713 0455 001 Current Expense 3084100 Committed Cash and $65,507 Investments - Beginning 0455 001 Current Expense 3089100 Unassigned Cash and $14,095,637 Investments - Beginning 0455 001 Current Expense 3083100 Restricted Cash and $98,745 Investments - Beginning 0455 001 Current Expense 3083101 Restricted Cash and $36,735 Investments - Beginning 0455 001 Current Expense 3083101 Restricted Cash and $6,984 Investments - Beginning 0455 001 Current Expense 3083101 Restricted Cash and $16,173 Investments - Beginning 0455 001 Current Expense 3085100 Assigned Cash and $2,771,168 Investments - Beginning 0455 001 Current Expense 3089100 Unassigned Cash and $2,740,960 Investments - Beginning 0455 103 Criminal Justice 3083100 Restricted Cash and $647,725 Investments - Beginning 0455 104 Special Investigative Unit 3085100 Assigned Cash and $13,000 Investments - Beginning 0455 104 Special Investigative Unit 3083100 Restricted Cash and $85,895 Investments - Beginning 0455 107 Community Events 3083100 Restricted Cash and $321,780 Investments - Beginning 0455 108 Paths & Trails 3083100 Restricted Cash and $13,784 Investments - Beginning 0455 309 Real Estate Excise Tax 3083100 Restricted Cash and $4,182,707 Investments - Beginning 0455 309 Real Estate Excise Tax 3083100 Restricted Cash and $0 Investments - Beginning 0455 111 Impact Mitigation Fee 3083100 Restricted Cash and $808,518 Investments - Beginning 0455 111 Impact Mitigation Fee 3083100 Restricted Cash and $3,472,431 Investments - Beginning 0455 111 Impact Mitigation Fee 3083100 Restricted Cash and $691,644 Investments - Beginning 0455 111 Impact Mitigation Fee 3083100 Restricted Cash and $331,962 Investments - Beginning 0455 206 Bond Redemption Fund 3083100 Restricted Cash and $0 Investments - Beginning 0455 302 Capital Construction 3085100 Assigned Cash and $547,631 Investments - Beginning 0455 304 Street Capital Projects 3083100 Restricted Cash and $208,098 Investments - Beginning 0455 304 Street Capital Projects 3083100 Restricted Cash and $657,337 Investments - Beginning 0455 304 Street Capital Projects 3085100 Assigned Cash and $1,433,616 Investments - Beginning 0455 411 Water Utility 3085100 Assigned Cash and $3,838,287 Investments - Beginning 0455 411 Water Utility 3085100 Assigned Cash and $966,406 Investments - Beginning 0455 411 Water Utility 3085100 Assigned Cash and $7,558,941 Investments - Beginning 0455 411 Water Utility 3085100 Assigned Cash and $0 Investments - Beginning 0455 421 Storm Drainage Utility 3085100 Assigned Cash and $1,410,718 Investments - Beginning 0455 421 Storm Drainage Utility 3085100 Assigned Cash and $542,966 Investments - Beginning 0455 421 Storm Drainage Utility 3085100 Assigned Cash and $593,137 Investments - Beginning 0455 421 Storm Drainage Utility 3085100 Assigned Cash and $0 Investments - Beginning 0455 431 Sewer Utility 3085100 Assigned Cash and $5,908,675 Investments - Beginning 0455 431 Sewer Utility 3085100 Assigned Cash and $1,446,270 Investments - Beginning 0455 431 Sewer Utility 3085100 Assigned Cash and $5,782,756 Investments - Beginning 0455 431 Sewer Utility 3085100 Assigned Cash and $558,878 Investments - Beginning 0455 500 Equipment Rental and 3085100 Assigned Cash and $3,990,082 Revolving Investments - Beginning 0455 631 Trust and Agency 3083100 Restricted Cash and $81 Investments - Beginning 0455 431 Sewer Utility 3085100 Assigned Cash and $5,282,855 Investments - Beginning 0455 001 Current Expense 5113010 Official Publication $80,786 Services 0455 001 Current Expense 5113020 Official Publication $31,881 Services 0455 001 Current Expense 5113030 Official Publication $124 Services 0455 001 Current Expense 5113040 Official Publication $20,319 Services 0455 001 Current Expense 5116010 Legislative Activities $84,000 0455 001 Current Expense 5116020 Legislative Activities $10,977 0455 001 Current Expense 5116030 Legislative Activities $1,174 0455 001 Current Expense 5116040 Legislative Activities $45,581 0455 001 Current Expense 5117040 Lobbying Activities $53,639 0455 001 Current Expense 5125110 Non -Contracted Court $365,332 0455 001 Current Expense 5125120 Non -Contracted Court $134,839 0455 001 Current Expense 5125130 Non -Contracted Court $4,917 0455 001 Current Expense 5125140 Non -Contracted Court $17,235 0455 001 Current Expense 5131010 Executive Office $122,803 0455 001 Current Expense 5131020 Executive Office $41,695 0455 001 Current Expense 5131030 Executive Office $13 0455 001 Current Expense 5131040 Executive Office $14,943 0455 001 Current Expense 5142310 Financial Services $316,335 0455 001 Current Expense 5142320 Financial Services $100,573 0455 001 Current Expense 5142330 Financial Services $1,990 0455 001 Current Expense 5142340 Financial Services $35,723 0455 001 Current Expense 5143010 Recording Services $77,804 0455 001 Current Expense 5143020 Recording Services $29,302 0455 001 Current Expense 5143030 Recording Services $374 0455 001 Current Expense 5143040 Recording Services $24,679 0455 001 Current Expense 5149040 Voters Registration $103,723 Services 0455 001 Current Expense 5154140 External Legal Services - $241,432 Advice 0455 001 Current Expense 5154540 External Legal Services - $131,505 Claims and Litigation 0455 001 Current Expense 5159140 General Indigent $170,193 Defense 0455 001 Current Expense 5179010 Other Employee Benefit $1,949 Programs 0455 001 Current Expense 5179040 Other Employee Benefit $888 Programs 0455 001 Current Expense 5181010 Personnel Services $124,623 0455 001 Current Expense 5181020 Personnel Services $39,245 0455 001 Current Expense 5181030 Personnel Services $1,159 0455 001 Current Expense 5181040 Personnel Services $39,079 0455 001 Current Expense 5182010 Property Management $300,165 Services 0455 001 Current Expense 5182020 Property Management $93,008 Services 0455 001 Current Expense 5182030 Property Management $2,113 Services 0455 001 Current Expense 5182040 Property Management $36,578 Services 0455 001 Current Expense 5183010 Maintenance/Security/In $74,956 surance/Janitorial Services 0455 001 Current Expense 5183020 Maintenance/Security/In $36,511 surance/Janitorial Services 0455 001 Current Expense 5183030 Maintenance/Security/In $15,911 surance/Janitorial Services 0455 001 Current Expense 5183040 Maintenance/Security/In $388,709 surance/Janitorial Services 0455 001 Current Expense 5188810 Information Technology $180,937 Services 0455 001 Current Expense 5188820 Information Technology $62,755 Services 0455 001 Current Expense 5188830 Information Technology $30,889 Services 0455 001 Current Expense 5188840 Information Technology $159,620 Services 0455 001 Current Expense 5189040 Other Centralized $12,897 Services 0455 001 Current Expense 5211010 Administration $584,314 0455 001 Current Expense 5211020 Administration $232,555 0455 001 Current Expense 5211030 Administration $13,653 0455 001 Current Expense 5211040 Administration $275,739 0455 001 Current Expense 5212110 Police Operations $273,547 0455 001 Current Expense 5212120 Police Operations $87,078 0455 001 Current Expense 5212130 Police Operations $7,895 0455 001 Current Expense 5212140 Police Operations $17,145 0455 001 Current Expense 5212210 Police Operations $1,468,122 0455 001 Current Expense 5212220 Police Operations $604,527 0455 001 Current Expense 5212230 Police Operations $86,481 0455 001 Current Expense 5212240 Police Operations $190,080 0455 001 Current Expense 5212310 Police Operations $15,893 0455 001 Current Expense 5212320 Police Operations $5,659 0455 001 Current Expense 5212330 Police Operations $564 0455 001 Current Expense 5212340 Police Operations $17,907 0455 001 Current Expense 5212510 Police Operations $64,975 0455 001 Current Expense 5212520 Police Operations $23,087 0455 001 Current Expense 5213010 Crime Prevention $99,132 0455 001 Current Expense 5213020 Crime Prevention $39,231 0455 001 Current Expense 5213030 Crime Prevention $479 0455 001 Current Expense 5213040 Crime Prevention $12,593 0455 001 Current Expense 5214020 Training $186 0455 001 Current Expense 5214030 Training $16,847 0455 001 Current Expense 5214040 Training $44,864 0455 001 Current Expense 5215030 Facilities $943 0455 001 Current Expense 5215040 Facilities $11,316 0455 001 Current Expense 5217010 Traffic Policing $184,262 0455 001 Current Expense 5217010 Traffic Policing $50,508 0455 001 Current Expense 5217020 Traffic Policing $12,913 0455 001 Current Expense 5217020 Traffic Policing $71,820 0455 001 Current Expense 5217030 Traffic Policing $24,018 0455 001 Current Expense 5217030 Traffic Policing $548 0455 001 Current Expense 5217040 Traffic Policing $14,970 0455 001 Current Expense 5217040 Traffic Policing $2,628 0455 001 Current Expense 5218010 Property and Evidence $46,037 Room 0455 001 Current Expense 5218020 Property and Evidence $10,151 Room 0455 001 Current Expense 5218040 Property and Evidence $1,582 Room 0455 001 Current Expense 5218040 Property and Evidence $16,291 Room 0455 001 Current Expense 5236040 Care and Custody of $359,062 Prisoners 0455 001 Current Expense 5242010 Inspections, Permits, $556,154 Certificates and Licenses 0455 001 Current Expense 5242020 Inspections, Permits, $206,010 Certificates and Licenses 0455 001 Current Expense 5242030 Inspections, Permits, $6,794 Certificates and Licenses 0455 001 Current Expense 5242040 Inspections, Permits, $367,235 Certificates and Licenses 0455 001 Current Expense 5251040 Administration $38,768 0455 001 Current Expense 5256030 Disaster Preparedness $1,740 0455 001 Current Expense 5256040 Disaster Preparedness $525 0455 001 Current Expense 5537040 Pollution Control and $11,223 Remediation 0455 001 Current Expense 5543040 Animal Control $52,450 0455 001 Current Expense 5586010 Planning $514,057 0455 001 Current Expense 5586020 Planning $208,763 0455 001 Current Expense 5586030 Planning $14,093 0455 001 Current Expense 5586040 Planning $225,513 0455 001 Current Expense 5587040 Economic Development $10,000 0455 001 Current Expense 5593010 Property Development $28,934 0455 001 Current Expense 5593020 Property Development $12,151 0455 001 Current Expense 5593030 Property Development $183 0455 001 Current Expense 5593040 Property Development $237,003 0455 001 Current Expense 5620040 Public Health Services $52,737 0455 001 Current Expense 5660040 Chemical Dependency $4,799 Services 0455 001 Current Expense 5725030 Facilities $191 0455 001 Current Expense 5725040 Facilities $28,869 0455 001 Current Expense 5739010 Other Cultural and $16,230 Community Events 0455 001 Current Expense 5739020 Other Cultural and $7,075 Community Events 0455 001 Current Expense 5739030 Other Cultural and $6,962 Community Events 0455 001 Current Expense 5739040 Other Cultural and $10,060 Community Events 0455 001 Current Expense 5755040 Multipurpose and $273,010 Community Centers 0455 001 Current Expense 5768010 General Parks $218,735 0455 001 Current Expense 5768020 General Parks $79,836 0455 001 Current Expense 5768030 General Parks $27,390 0455 001 Current Expense 5768040 General Parks $290,155 0455 001 Current Expense 5423010 Roadway $33,172 0455 001 Current Expense 5423020 Roadway $14,772 0455 001 Current Expense 5423030 Roadway $13,828 0455 001 Current Expense 5423040 Roadway $909,532 0455 001 Current Expense 5425010 Structures $440 0455 001 Current Expense 5425020 Structures $159 0455 001 Current Expense 5425030 Structures $27 0455 001 Current Expense 5425040 Structures $12,369 0455 001 Current Expense 5426110 Sidewalks $1,691 0455 001 Current Expense 5426120 Sidewalks $690 0455 001 Current Expense 5426130 Sidewalks $33 0455 001 Current Expense 5426210 Special Purpose Paths $4,878 0455 001 Current Expense 5426220 Special Purpose Paths $2,069 0455 001 Current Expense 5426230 Special Purpose Paths $1,458 0455 001 Current Expense 5426240 Special Purpose Paths $1,141 0455 001 Current Expense 5426310 Street Lighting $597 0455 001 Current Expense 5426320 Street Lighting $228 0455 001 Current Expense 5426330 Street Lighting $17,805 0455 001 Current Expense 5426340 Street Lighting $202,410 0455 001 Current Expense 5426410 Traffic Control Devices $63,931 0455 001 Current Expense 5426420 Traffic Control Devices $21,983 0455 001 Current Expense 5426430 Traffic Control Devices $44,837 0455 001 Current Expense 5426440 Traffic Control Devices $194,659 0455 001 Current Expense 5426510 Parking Facilities $959 0455 001 Current Expense 5426520 Parking Facilities $461 0455 001 Current Expense 5426530 Parking Facilities $150 0455 001 Current Expense 5426540 Parking Facilities $2,077 0455 001 Current Expense 5426610 Snow and Ice Control $45,786 0455 001 Current Expense 5426620 Snow and Ice Control $15,979 0455 001 Current Expense 5426630 Snow and Ice Control $28,888 0455 001 Current Expense 5426640 Snow and Ice Control $701 0455 001 Current Expense 5427010 Roadside $76,218 0455 001 Current Expense 5427020 Roadside $38,981 0455 001 Current Expense 5427030 Roadside $13,079 0455 001 Current Expense 5427040 Roadside $41,544 0455 001 Current Expense 5428010 Ancillary Operations $7,842 0455 001 Current Expense 5428020 Ancillary Operations $4,021 0455 001 Current Expense 5428030 Ancillary Operations $66 0455 001 Current Expense 5431010 Management $80,911 0455 001 Current Expense 5431020 Management $24,693 0455 001 Current Expense 5433010 General Services $211,680 0455 001 Current Expense 5433020 General Services $81,544 0455 001 Current Expense 5433030 General Services $9,001 0455 001 Current Expense 5433040 General Services $214,933 0455 001 Current Expense 5433140 General Services $914 0455 001 Current Expense 5435030 Facilities $905 0455 001 Current Expense 5435040 Facilities $9,645 0455 103 Criminal Justice 5211030 Administration $37,209 0455 103 Criminal Justice 5211040 Administration $32,688 0455 103 Criminal Justice 5212210 Police Operations $53,821 0455 103 Criminal Justice 5212220 Police Operations $21,103 0455 103 Criminal Justice 5212240 Police Operations $236,474 0455 104 Special Investigative Unit 5212140 Police Operations $300 0455 107 Community Events 5573010 Tourism $1,524 0455 107 Community Events 5573020 Tourism $639 0455 107 Community Events 5573040 Tourism $109,072 0455 111 Impact Mitigation Fee 5186540 Impact Fee Distributions $579,074 to Local Governments 0455 111 Impact Mitigation Fee 5449040 Operations $111,872 Administration and Overhead 0455 411 Water Utility 5341010 Water Utilities $940,320 0455 411 Water Utility 5341020 Water Utilities $393,447 0455 411 Water Utility 5341030 Water Utilities $19,182 0455 411 Water Utility 5341040 Water Utilities $1,130,926 0455 411 Water Utility 5342030 Water Utilities $174,367 0455 411 Water Utility 5342040 Water Utilities $46,181 0455 411 Water Utility 5343030 Water Utilities $113,820 0455 411 Water Utility 5343040 Water Utilities $148,799 0455 411 Water Utility 5344030 Water Utilities $1,025 0455 411 Water Utility 5341040 Water Utilities $211,000 0455 421 Storm Drainage Utility 5310030 Storm Drainage Utilities $24,212 0455 421 Storm Drainage Utility 5310040 Storm Drainage Utilities $134,011 0455 421 Storm Drainage Utility 5311010 Storm Drainage Utilities $516,749 0455 421 Storm Drainage Utility 5311020 Storm Drainage Utilities $196,700 0455 421 Storm Drainage Utility 5311030 Storm Drainage Utilities $15,241 0455 421 Storm Drainage Utility 5311040 Storm Drainage Utilities $507,770 0455 431 Sewer Utility 5351010 Sewer/Reclaimed Water $719,759 Utilities 0455 431 Sewer Utility 5351020 Sewer/Reclaimed Water $283,320 Utilities 0455 431 Sewer Utility 5351030 Sewer/Reclaimed Water $12,314 Utilities 0455 431 Sewer Utility 5351040 Sewer/Reclaimed Water $1,238,099 Utilities 0455 431 Sewer Utility 5352030 Sewer/Reclaimed Water $18,420 Utilities 0455 431 Sewer Utility 5352040 Sewer/Reclaimed Water $1,726,388 Utilities 0455 431 Sewer Utility 5353030 Sewer/Reclaimed Water $113,253 Utilities 0455 431 Sewer Utility 5353040 Sewer/Reclaimed Water $264,705 Utilities 0455 500 Equipment Rental and 5483010 Mechanical Shops $222,188 Revolving 0455 500 Equipment Rental and 5483020 Mechanical Shops $77,879 Revolving 0455 500 Equipment Rental and 5483030 Mechanical Shops $115,447 Revolving 0455 500 Equipment Rental and 5483040 Mechanical Shops $63,132 Revolving 0455 500 Equipment Rental and 5487030 Motor Pool Services $164,104 Revolving 0455 500 Equipment Rental and 5487040 Motor Pool Services $50,823 Revolving 0455 431 Sewer Utility 5352040 Sewer/Reclaimed Water $200,000 Utilities 0455 001 Current Expense 5083100 Restricted Cash and $169,737 Investments - Ending 0455 001 Current Expense 5083100 Restricted Cash and $31,215 Investments - Ending 0455 001 Current Expense 5083100 Restricted Cash and $25,333 Investments - Ending 0455 001 Current Expense 5083100 Restricted Cash and $17,984 Investments - Ending 0455 001 Current Expense 5083100 Restricted Cash and $757,513 Investments - Ending 0455 001 Current Expense 5084100 Committed Cash and $65,616 Investments - Ending 0455 001 Current Expense 5089100 Unassigned Cash and $17,042,151 Investments - Ending 0455 001 Current Expense 5085100 Assigned Cash and $3,271,326 Investments - Ending 0455 001 Current Expense 5089100 Unassigned Cash and $3,071,750 Investments - Ending 0455 103 Criminal Justice 5083100 Restricted Cash and $752,331 Investments - Ending 0455 104 Special Investigative Unit 5085100 Assigned Cash and $13,435 Investments - Ending 0455 104 Special Investigative Unit 5083100 Restricted Cash and $88,470 Investments - Ending 0455 107 Community Events 5083100 Restricted Cash and $393,879 Investments - Ending 0455 108 Paths & Trails 5083100 Restricted Cash and $15,811 Investments - Ending 0455 309 Real Estate Excise Tax 5083100 Restricted Cash and $6,067,090 Investments - Ending 0455 309 Real Estate Excise Tax 5083100 Restricted Cash and $0 Investments - Ending 0455 111 Impact Mitigation Fee 5083100 Restricted Cash and $1,945,092 Investments - Ending 0455 111 Impact Mitigation Fee 5083100 Restricted Cash and $5,413,445 Investments - Ending 0455 111 Impact Mitigation Fee 5083100 Restricted Cash and $419,466 Investments - Ending 0455 111 Impact Mitigation Fee 5083100 Restricted Cash and $346,685 Investments - Ending 0455 206 Bond Redemption Fund 5083100 Restricted Cash and $100,015 Investments - Ending 0455 302 Capital Construction 5083100 Restricted Cash and $7,606,594 Investments - Ending 0455 302 Capital Construction 5085100 Assigned Cash and $288,485 Investments - Ending 0455 304 Street Capital Projects 5083100 Restricted Cash and $690,475 Investments - Ending 0455 304 Street Capital Projects 5083100 Restricted Cash and $154,837 Investments - Ending 0455 304 Street Capital Projects 5085100 Assigned Cash and $1,307,608 Investments - Ending 0455 411 Water Utility 5085100 Assigned Cash and $4,445,298 Investments - Ending 0455 411 Water Utility 5085100 Assigned Cash and $1,016,949 Investments - Ending 0455 411 Water Utility 5085100 Assigned Cash and $8,258,227 Investments - Ending 0455 411 Water Utility 5085100 Assigned Cash and $0 Investments - Ending 0455 421 Storm Drainage Utility 5085100 Assigned Cash and $1,784,151 Investments - Ending 0455 421 Storm Drainage Utility 5085100 Assigned Cash and $571,363 Investments - Ending 0455 421 Storm Drainage Utility 5085100 Assigned Cash and $201,866 Investments - Ending 0455 421 Storm Drainage Utility 5085100 Assigned Cash and $0 Investments - Ending 0455 431 Sewer Utility 5085100 0455 431 Sewer Utility 5085100 0455 431 Sewer Utility 5085100 0455 431 Sewer Utility 5085100 0455 500 Equipment Rental and 5085100 Revolving 0455 631 Trust and Agency 5083100 0455 431 Sewer Utility 5085100 0455 001 Current Expense 3821000 0455 001 Current Expense 3899000 0455 001 Current Expense 3951000 0455 001 Current Expense 3970000 0455 001 Current Expense 3981000 0455 001 Current Expense 3951000 0455 001 Current Expense 3952000 0455 309 Real Estate Excise Tax 3970001 0455 206 Bond Redemption Fund 3970000 0455 302 Capital Construction 3911000 0455 302 Capital Construction 3920000 0455 302 Capital Construction 3970000 0455 304 Street Capital Projects 3970000 0455 411 Water Utility 3821000 0455 411 Water Utility 3918000 0455 421 Storm Drainage Utility 3821000 Assigned Cash and $7,776,466 Investments - Ending Assigned Cash and $1,521,909 Investments - Ending Assigned Cash and $7,436,396 Investments - Ending Assigned Cash and $863,148 Investments - Ending Assigned Cash and $3,784,187 Investments - Ending Restricted Cash and $27 Investments - Ending Assigned Cash and $6,411,758 Investments - Ending Refundable Deposits $34,563 Holding and Clearing $527 Account Transactions Proceeds from Sales of $1,675 Capital Assets (Cash Basis Only) Transfers -In $917,407 Insurance Recoveries $2,370 (Cash Basis) Proceeds from Sales of $16,900 Capital Assets (Cash Basis Only) Compensation for $19,851 Loss/Impairment of Capital Assets (Cash Basis Only) Transfers -In $432,986 Transfers -In $399,652 General Obligation $10,715,000 Bonds Issued Premiums on Bonds $406,075 Issued Transfers -In $2,005,465 Transfers -In $965,795 Refundable Deposits $10,586 Intergovernmental $186,981 Loans Refundable Deposits $700 0455 431 Sewer Utility 3899000 0455 431 Sewer Utility 3918000 0455 500 Equipment Rental and 3951000 Revolving 0455 500 Equipment Rental and 3952000 Revolving 0455 631 Trust and Agency 3861200 0455 631 Trust and Agency 3868200 0455 631 Trust and Agency 3868300 0455 631 Trust and Agency 3868331 0455 631 Trust and Agency 3868332 0455 631 Trust and Agency 3868800 0455 631 Trust and Agency 3868909 0455 631 Trust and Agency 3868912 0455 631 Trust and Agency 3868913 0455 631 Trust and Agency 3868914 0455 631 Trust and Agency 3868915 0455 631 Trust and Agency 3868923 0455 631 Trust and Agency 3868925 0455 631 Trust and Agency 3868926 0455 631 Trust and Agency 3869017 0455 631 Trust and Agency 3869100 0455 631 Trust and Agency 3869200 0455 631 Trust and Agency 3869600 0455 631 Trust and Agency 3869700 0455 631 Trust and Agency 3869900 0455 631 Trust and Agency 3893001 0455 631 Trust and Agency 3893002 0455 631 Trust and Agency 3893003 0455 631 Trust and Agency 3893004 Holding and Clearing $11,456 Account Transactions Intergovernmental $592,630 Loans Proceeds from Sales of $40,470 Capital Assets (Cash Basis Only) Compensation for $6,408 Loss/Impairment of Capital Assets (Cash Basis Only) Court Remittances $1,289 Court Remittances $283 Court Remittances $417 Court Remittances $3,919 Court Remittances $1,942 Court Remittances $1,216 Court Remittances $740 Court Remittances $51 Court Remittances $51 Court Remittances $468 Court Remittances $130 Court Remittances $36 Court Remittances $11 Court Remittances $1,689 Court Remittances $74 Court Remittances $36,391 Court Remittances $19,701 Court Remittances $22 Court Remittances $11,936 Court Remittances $970 Custodial Type $6,489 Collections Custodial Type $11,612 Collections Custodial Type $6,935 Collections Custodial Type $1,512 Collections 0455 631 Trust and Agency 3893005 Custodial Type $250 Collections 0455 631 Trust and Agency 3893006 Custodial Type $543 Collections 0455 431 Sewer Utility 3823000 Non -Fiduciary $363,600 Collections for Others 0455 001 Current Expense 5821000 Refund of Deposits $32,939 0455 001 Current Expense 5899000 Holding and Clearing $475 Account Transactions 0455 001 Current Expense 5911170 Debt Repayment - $177 Legislative Services 0455 001 Current Expense 5911270 Debt Repayment - $644 Judicial Services 0455 001 Current Expense 5911370 Debt Repayment - $0 Executive Services 0455 001 Current Expense 5911470 Debt Repayment - $23,975 Financial, Recording, and Election Services 0455 001 Current Expense 5911870 Debt Repayment - $22,574 Centralized/General Services 0455 001 Current Expense 5912170 Debt Repayment - Law $32,825 Enforcement Services 0455 001 Current Expense 5912470 Debt Repayment - $17,215 Protective Inspection Services 0455 001 Current Expense 5915870 Debt Repayment - $33,005 Community Planning and Economic Development 0455 001 Current Expense 5941860 Capital $2,804 Expenditures/Expenses - Centralized/General Services 0455 001 Current Expense 5942160 Capital $17,354 Expenditures/Expenses - Law Enforcement Services 0455 001 Current Expense 5947660 Capital $5,487 Expenditures/Expenses - Park Facilities 0455 001 Current Expense 5970000 Transfers -Out $1,025,372 0455 001 Current Expense 5919570 Debt Repayment - $2,056 Roads/Streets and Other Infrastructure 0455 001 Current Expense 5944260 0455 309 Real Estate Excise Tax 5970000 0455 309 Real Estate Excise Tax 5970000 0455 111 Impact Mitigation Fee 5970000 0455 111 Impact Mitigation Fee 5970000 0455 111 Impact Mitigation Fee 5970100 0455 206 Bond Redemption Fund 5917670 0455 206 Bond Redemption Fund 5919570 0455 206 Bond Redemption Fund 5927680 0455 206 Bond Redemption Fund 5929580 0455 302 Capital Construction 5921880 0455 302 Capital Construction 5941810 0455 302 Capital Construction 5941820 0455 302 Capital Construction 5941860 0455 302 Capital Construction 5947560 0455 302 Capital Construction 5947610 Capital Expenditures/Expenses - Roads/Streets Ordinary Maintenance Transfers -Out Transfers -Out Transfers -Out Transfers -Out Transfers -Out Debt Repayment - Park Facilities Debt Repayment - Roads/Streets and Other Infrastructure Interest and Other Debt Service Cost - Park Facilities Interest and Other Debt Service Cost - Roads/Streets and Related Infrastructure Interest and Other Debt Service Cost - Centralized/General Services Capital Expenditures/Expenses - Centralized/General Services Capital Expenditures/Expenses - Centralized/General Services Capital Expenditures/Expenses - Centralized/General Services Capital Expenditures/Expenses - Cultural and Recreational Facilities Capital Expenditures/Expenses - Park Facilities 0455 302 Capital Construction 5947620 Capital Expenditures/Expenses - Park Facilities 0455 302 Capital Construction 5947660 Capital Expenditures/Expenses - Park Facilities 0455 302 Capital Construction 5970000 Transfers -Out 0455 304 Street Capital Projects 5951010 Capital Expenditures/Expenses - Engineering 0455 304 Street Capital Projects 5951020 Capital Expenditures/Expenses - Engineering 0455 304 Street Capital Projects 5951060 Capital Expenditures/Expenses - Engineering 0455 304 Street Capital Projects 5952010 Capital Expenditures/Expenses - Right -Of -Way 0455 304 Street Capital Projects 5952020 Capital Expenditures/Expenses - Right -Of -Way 0455 304 Street Capital Projects 5952060 Capital Expenditures/Expenses - Right -Of -Way 0455 304 Street Capital Projects 5953010 Capital Expenditures/Expenses - Roadway 0455 304 Street Capital Projects 5953020 Capital Expenditures/Expenses - Roadway 0455 304 Street Capital Projects 5953060 Capital Expenditures/Expenses - Roadway 0455 411 Water Utility 5821000 Refund of Deposits 0455 411 Water Utility 5913470 Debt Repayment - Water Utilities 0455 411 Water Utility 5943460 Capital Expenditures/Expenses - Water Utilities 0455 411 Water Utility 5943410 Capital Expenditures/Expenses - Water Utilities 0455 411 Water Utility 5943420 Capital Expenditures/Expenses - Water Utilities 0455 411 Water Utility 5943460 0455 411 Water Utility 5913470 0455 411 Water Utility 5913470 0455 411 Water Utility 5923480 0455 421 Storm Drainage Utility 5821000 0455 421 Storm Drainage Utility 5913170 0455 421 Storm Drainage Utility 5943160 0455 421 Storm Drainage Utility 5943160 0455 421 Storm Drainage Utility 5913170 0455 421 Storm Drainage Utility 5913170 0455 421 Storm Drainage Utility 5923180 0455 421 Storm Drainage Utility 5923180 0455 431 Sewer Utility 5913570 0455 431 Sewer Utility 5943560 0455 431 Sewer Utility 5943510 0455 431 Sewer Utility 5943520 Capital Expenditures/Expenses - Water Utilities Debt Repayment - Water Utilities Debt Repayment - Water Utilities Interest and Other Debt Service Cost - Water Utilities Refund of Deposits Debt Repayment - Storm Drainage Utilities Capital Expenditures/Expenses - Storm Drainage Utilities Capital Expenditures/Expenses - Storm Drainage Utilities Debt Repayment - Storm Drainage Utilities Debt Repayment - Storm Drainage Utilities Interest and Other Debt Service Cost - Storm Drainage Utilities Interest and Other Debt Service Cost - Storm Drainage Utilities Debt Repayment - Sewer/Reclaimed Water Utilities Capital Expenditures/Expenses - Sewer/Reclaimed Water Utilities Capital Expenditures/Expenses - Sewer/Reclaimed Water Utilities Capital Expenditures/Expenses - Sewer/Reclaimed Water Utilities 0455 431 Sewer Utility 5943560 0455 431 Sewer Utility 5913570 0455 431 Sewer Utility 5923580 0455 500 Equipment Rental and 5914870 Revolving 0455 500 Equipment Rental and 5944860 Revolving 0455 500 Equipment Rental and 5944860 Revolving 0455 500 Equipment Rental and 5944860 Revolving 0455 500 Equipment Rental and 5944860 Revolving 0455 500 Equipment Rental and 5944860 Revolving 0455 500 Equipment Rental and 5944860 Revolving 0455 631 Trust and Agency 5860200 0455 631 Trust and Agency 5860300 0455 631 Trust and Agency 5893000 0455 631 Trust and Agency 5893000 0455 631 Trust and Agency 5893000 Capital $1,771,096 Expenditures/Expenses - Sewer/Reclaimed Water Utilities Debt Repayment - $15,030 Sewer/Reclaimed Water Utilities Interest and Other Debt $2,316 Service Cost - Sewer/Reclaimed Water Utilities Debt Repayment - Public $1,013 Works Centralized Services Capital $100,199 Expenditures/Expenses - Public Works Centralized Services Capital $102,612 Expenditures/Expenses - Public Works Centralized Services Capital $129,105 Expenditures/Expenses - Public Works Centralized Services Capital $24,105 Expenditures/Expenses - Public Works Centralized Services Capital $44,686 Expenditures/Expenses - Public Works Centralized Services Capital $599,003 Expenditures/Expenses - Public Works Centralized Services Court Remittances $80,047 Court Remittances $1,289 Custodial Type $6,489 Remittances Custodial Type $11,612 Remittances Custodial Type $6,935 Remittances 0455 631 0455 631 0455 631 0455 431 Trust and Agency 5893000 Custodial Type Remittances Trust and Agency 5893000 Custodial Type Remittances Trust and Agency 5893000 Custodial Type Remittances Sewer Utility 5823000 Non -Fiduciary Remittance for Others $1,566 $250 $543 $363,600 MCAG No 0455 City of Port Orchard SCHEDULE SUMMARY OF BANK RECONCLIATION For the Fiscal period ended December 31, 2023 FROM BANK STATEMENTS Bank & Investment Account name (1) Beginning Bank Balance (2) Deposits Withdrawals Ending Bank Balance (7) Receipts (3) Inter -bank transfers In (4) Disbursements (5) Inter -bank transfers out (6) Kitsap Bank Main Account $ 2,955,080 $ 40,950,548 $ 13,201,000 $ 34,681,646 $ 16,022,583 $ 6,402,399 Local Government Investment Pool $ 46,886,144 $ 13,134,309 $ 16,022,583 $ - $ 6,000,000 $ 70,043,036 Kitsap County Investment Pool $ 22,938,823 $ 6,131,778 $ - $ - $ 7,201,000 $ 21,869,601 Kitsap Bank Money Market $ 25,700 $ 51 $ - $ - $ - $ 25,752 Kitsap Bank Municipal Court $ 8,555 $ 32,308 $ 251,164 $ 24,743 $ 251,164 $ 16,120 Kitsap BankAdvance Travel $ 2,000 $ - $ 2,494 $ - $ 2,494 $ 2,000 Kitsap Bank Special Investigative Unit $ 1,000 $ - $ - $ - $ - $ 1,000 Bank Totals $ 72,817,304 $ 60,248,994 $ 29,477,240 $ 34,706,389 $ 29,477,240 $ 98,359,909 RECONCILING ITEMS Beginning Deposits in Transit (8) $ $ $ +/- $ 11,519 (1,701,483) 750.00 (1,689,214) $ $ $ $ $ $ (11,519) 16,854 (47,760) 6,667,004 29,343 (11,476) 6,642,446 $ (1,701,483) 4,249,425 $ (47,760) $ 6,667,004 $ 29,343 Is (11,476) 1 $ 9,185,053 Is 16,854 $ (4,249,425) $ 750 +/- $ (4,231,820) Month -end Deposits in Transit (9) Beginning Outstanding (10) Month -end Outstanding (11) NSF Checks (12) Cancellation of unredeemed checks/warrants (13) Interfund transactions (14) Netted Transactions (15) Authorized balance of revolving, petty cash and change funds (16) Other Reconciling Items, net (17) Reconciling Items Totals FROM GENERAL LEDGER Beginning Cash & Revenues & Other Expenditures & Ending Cash & Investment Increases Other Decreases Investment Balance Balance (21) (22) (19) (20) $ 71,128,089 $ 66,891,441 $ 43,891,442 $ 94,128,088 General Ledger Totals (18) Unreconciled Variance (23) $ - $ - $ - $ - City of Port Orchard Schedule of Liabilities For the Year Ended December 31, 2023 ID. No. Description Due Date General Obligation Debt/Liabilities 251.11 G O Debt 12/1/2032 Total General Obligation Debt/Liabilities: Revenue and Other (non G.O.) Debt/Liabilities 259.12 Compensated Absences 263.62 Notes Payable 12/31/2043 263.82 Drinking Water State Revolving Fund 10/1/2038 Loan 263.82 Water Quality Loan 1/2/2037 264.30 Pension Liabilities 264.40 OPEB Liabilities 263.84 Drinking Water State Revolving Fund 10/1/2031 Loan 263.84 Public Works Board 6/1/2041 263.84 Public Works Board 6/1/2041 263.84 Public Works Board 6/1/2041 263.84 Public Works Board 6/1/2041 263.84 Department of Ecology 6/30/2054 263.57 Building Lease 3/31/2025 263.57 Building Lease 12/31/2031 263.57 Copiers & Phone Equipment Lease 3/23/2025 263.57 Property Lease 6/3/2024 263.57 Agenda Management Software 5/7/2026 Based IT Arrangement 263.57 Online Permitting Software Based IT 1/23/2025 Arrangement 263.57 Permitting Software Based IT 12/31/2024 Arrangement 263.57 Financial Software Based IT 3/31/2024 Arrangement Total Revenue and Other (non G.O.) Debt/Liabilities: Total Liabilities: Beginning Balance Additions Reductions Ending Balance 4,115,000 10,715,000 4,115, 000 10,715,000 375,000 375,000 14,455,000 14,455,000 813,599 92,468 - 906,067 2,925 - 2,925 - 4,865,294 - 324,353 4,540,941 201,189 - 11,743 189,446 938,137 - 163,606 774,531 1,963,074 - 413,362 1,549,712 445,591 64,409 49,510 460,490 253,153 - 13,324 239,829 - 12,973 683 12,290 - 109,599 1,468 108,131 - 124,825 1,706 123,119 - 467,805 - 467,805 26,377 - 11,521 14,856 - 421,400 43,200 378,200 3,738 - 3,738 - 19,371 968 20,339 - - 24,112 7,500 16,612 30,000 - 15,000 15,000 40,678 - 20,088 20,590 50,672 - 50,672 - 9,653,798 1,318,559 1,154,738 9,817,619 13,768,798 12,033,559 1,529,738 24,272,619 City of Port Orchard Schedule of Expenditures of State Financial Assistance For the Year Ended December 31, 2023 State Agency Name Program Title Identification Number Total State Grant from Other Judicial Agencies Funding for Public Defense GRT22066 12,000 Improvement State Grant from Other Judicial Agencies Court Interpreter services IAA23122 3,261 Sub -Total: 15,261 State Grant from Department Natural Resources Derelict Vessels & Marine Salvage 01816 145,945 Sub -Total: 145,945 State Grant from Department of Commerce GMA Periodic Update 23-63210-042 62,500 State Grant from Department of Commerce Housing Action Plan Implementation 22-63314-136 75,000 (HAPI) Sub -Total: 137,500 State Grant from Transportation Improvement 2022 Overlay Award 3-W-153(001)-1 320,847 Board (TIB) State Grant from Transportation Improvement LED Streetlight Conversion S-W-153(001)-1 15,240 Board (TIB) Sub -Total: 336,087 State Grant from Department of Ecology Water Quality Combined Financial WQSWCAP-2123- 75,000 Assistance PoOrPW-00135 Sub -Total: 75,000 Total State Grants Expended: 709,793 Report based on unaudited annual report submissions as of 7/18/2024 Page: 1 of 1 Federal Agency (Pass -Through Agency) City of Port Orchard Schedule of Expenditures of Federal Awards For the Year Ended December 31, 2023 Expenditures From Pass- ALN Other Award Through From Direct Federal Program Number Number Awards Awards CDBG - Entitlement Grants Cluster ASSISTANT SECRETARY FOR Community 14.218 B21 UC530005 4,857 COMMUNITY PLANNING AND Development Block DEVELOPMENT, HOUSING Grants/Entitlement AND URBAN DEVELOPMENT, Grants DEPARTMENT OF (via Kitsap County Department of Human Services) Total CDBG - Entitlement Grants Cluster: 4,857 FEDERAL HIGHWAY Highway Planning and 20.205 STPE-0166 2,000 ADMINISTRATION, Construction (008) / LA-6165 TRANSPORTATION, DEPARTMENT OF (via WA State Dept of Transportation) FEDERAL HIGHWAY Highway Planning and 20.205 STPUL-9918 412,485 ADMINISTRATION, Construction (021) LA10296 TRANSPORTATION, DEPARTMENT OF (via WA State Dept of Transportation) Total ALN 20.205: 414,485 U.S. COAST GUARD, Boating Safety Financial 97.012 n/a 7,849 HOMELAND SECURITY, Assistance DEPARTMENT OF (via WA State Parks & Recreation Commission) Total Federal Awards Expended: 421,191 The accompanying notes are an integral part of this schedule. Passed through to Total Subrecipients Note 4,857 4,857 2,000 - 412,485 - 414,485 - - 7,849 - 427,191 - CITY OF PORT ORCHARD Notes to Schedule of Expenditures of Federal Awards January 1, 2023 through December 31, 2023 NOTE 1. Basis of Accounting This Schedule is prepared on the same basis of accounting as the City's financial statements. The City uses the cash basis of accounting, in accordance with the Cash Basis Budgeting, Accounting and Reporting System (BARS) Manual prescribed by the State Auditor's Office under the authority of Washington State law, Chapter 43.09 RCW. NOTE 2. — Federal De Minimis Indirect Cost Rate The City has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. NOTE 3. Program Costs The amounts shown as current year expenditures represent only the federal grant portion of the program costs. Entire program costs including the City's portion are more than shown. Such expenditures are recognized following, as applicable, either the cost principles in the OMB Circular A-87, Cost Principles for State, Local, and Indian Tribal Governments, or the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Belong to a public entity risk pool Belong to a public entity risk pool Report based on unaudited annual report submissions as of 7/18/2024 City of Port Orchard Schedule 21 Questions 1-6 (unaudited) For Fiscal Year Ended: 2023 Pay taxes to the Department of Employment Pay premiums to the Department of Security ("Taxable") Labor and Industries Pay premiums to the State's program City of Port Orchard for both benefits Report based on unaudited annual report submissions as of 7/18/2024 City/Town