HomeMy WebLinkAboutFY 2025 Annual ReportCity of Port Orchard
2025
Annual Report
For Fiscal Year Ended December 31, 2025
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 12/31/2025
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 30th day of May, 2026, 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, 2025
Total for All
104 Special
Funds
103 Criminal
Investigative
(Memo Only) 001
General
Justice
Unit
Beginning Cash and Investments
308 Beginning Cash and Investments
101,222,208
26,155,856
576,826
106,096
388 / 588 Net Adjustments
-
-
-
-
Revenues
310 Taxes
18,989,902
16,388,488
435,032
-
320 Licenses and Permits
1,448,385
1,421,535
-
-
330 Intergovernmental Revenues
2,765,886
829,706
34,977
-
340 Charges for Goods and Services
33,073,759
855,361
-
-
350 Fines and Penalties
217,796
157,518
-
-
360 Miscellaneous Revenues
5,037,621
1,440,419
24,488
4,434
Total Revenues:
61,533,349
21,093,027
494,497
4,434
Expenditures
510 General Government
4,463,954
4,031,924
-
-
520 Public Safety
7,159,452
6,708,054
451,398
-
530 Utilities
10,254,913
-
-
-
540 Transportation
3,635,505
2,610,978
-
-
550 Natural/Economic Environment
2,769,529
2,677,108
-
-
560 Social Services
63,672
63,672
-
-
570 Culture and Recreation
964,718
964,718
-
-
Total Expenditures:
29,311,743
17,056,454
451,398
-
Excess (Deficiency) Revenues over Expenditures:
32,221,606
4,036,573
43,099
4,434
Other Increases in Fund Resources
391-393, 596 Debt Proceeds
4,709,546
-
-
-
397 Transfers -In
3,497,098
-
-
-
385 Special or Extraordinary Items
-
-
-
-
381, 382, 389, Other Resources
121,038
27,772
-
-
395, 398
Total Other Increases in Fund Resources:
8,327,682
27,772
-
-
Other Decreases in Fund Resources
594-595 Capital Expenditures
15,825,589
50,642
-
-
591-593, 599 Debt Service
2,417,003
78,214
82,200
-
597 Transfers -Out
3,497,098
273,496
-
-
585 Special or Extraordinary Items
-
-
-
-
581, 582, 589 Other Uses
49,725
49,725
-
-
Total Other Decreases in Fund Resources:
21,789,415
452,077
82,200
-
Increase (Decrease) in Cash and Investments:
18,759,873
3,612,268
(39,101)
4,434
Ending Cash and Investments
50821 Nonspendable
-
-
-
-
50831 Restricted
26,726,793
3,244,386
537,725
110,530
50841 Committed
-
-
-
-
50851 Assigned
70,136,452
3,404,902
-
-
50891 Unassigned
23,118,836
23,118,836
-
-
Total Ending Cash and Investments
119,982,081
29,768,124
537,725
110,530
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, 2025
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
107 Community 108 Paths &
Events Trails
472,384
196,480
23,645
17,989
1,309
814
111 Impact
Mitigation Fee
11,214,726
4,443,954
548,624
220,125 2,123 4,992,578
- - 432,030
- - 158,016
92,421 - -
92,421 - 590,046
127,704 2,123 4,402,532
1,173,171
1,173,171
206 Bond
Redemption
Fund
517,371
22,718
22,718
22,718
1,246,353
1,246,353
996,353
996,353
127,704
2,123
3,229,361
272,718
600,088
20,112
14,444,087
790,089
600,088
20,112
14,444,087
790,089
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, 2025
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
302 Capital 304 Street
Construction Capital Projects
1,567,976 952,112
309 Real Estate
Excise Tax 411 Water Utility
6,523,527
1,969,902
366,719 1,081,526 -
44,187 44,406 300,036
410,906 1,125,932 2,269,938
410,906
1,125,932 2,269,938
718,289
1,532,456 -
718,289
1,532,456 -
2,356,395
2,799,059 -
2,356,395
(1,227,200)
236,742
104,034
340,776
2,799,059
(140,671)
811,441
811,441
2,050,431
2,050,431
219,507
6,743,034
6,743,034
13,647,866
8,720,583
30,410
790,748
9,541,741
3,510,316
3,510,316
6,031,425
2,701,455
7,731
2,709,186
2,346,356
903,495
3,249,851
5,490,760
19,138,626
19,138,626
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, 2025
500 Equipment
421 Storm
431 Sewer
Rental and
Drainage Utility
Utility
Revolving
Beginning Cash and Investments
308 Beginning Cash and Investments
3,872,683
30,108,167
5,488,629
388 / 588 Net Adjustments
-
-
-
Revenues
310 Taxes
-
-
-
320 Licenses and Permits
26,850
-
-
330 Intergovernmental Revenues
130,000
321,649
-
340 Charges for Goods and Services
4,332,973
13,018,467
1,702,421
350 Fines and Penalties
17,510
12,358
-
360 Miscellaneous Revenues
186,808
1,370,747
235,547
Total Revenues:
4,694,141
14,723,221
1,937,968
Expenditures
510 General Government
-
-
-
520 Public Safety
-
-
-
530 Utilities
2,026,157
4,718,440
-
540 Transportation
-
-
866,511
550 Natural/Economic Environment
-
-
-
560 Social Services
-
-
-
570 Culture and Recreation
-
-
-
Total Expenditures:
2,026,157
4,718,440
866,511
Excess (Deficiency) Revenues over Expenditures:
2,667,984
10,004,781
1,071,457
Other Increases in Fund Resources
391-393, 596 Debt Proceeds
-
2,008,091
-
397 Transfers -In
-
-
-
385 Special or Extraordinary Items
-
-
-
381, 382, 389, Other Resources
-
(5,794)
91,329
395, 398
Total Other Increases in Fund Resources:
-
2,002,297
91,329
Other Decreases in Fund Resources
594-595 Capital Expenditures
792,645
5,989,976
1,490,516
591-593, 599 Debt Service
244,551
112,190
-
597 Transfers -Out
-
-
-
585 Special or Extraordinary Items
-
-
-
581, 582, 589 Other Uses
-
-
-
Total Other Decreases in Fund Resources:
1,037,196
6,102,166
1,490,516
Increase (Decrease) in Cash and Investments:
1,630,788
5,904,912
(327,730)
Ending Cash and Investments
50821 Nonspendable
-
-
-
5083 1 Restricted
-
-
-
50841 Committed
-
-
-
50851 Assigned
5,503,471
36,013,079
5,160,899
50891 Unassigned
-
-
-
Total Ending Cash and Investments
5,503,471
36,013,079
5,160,899
The accompanying notes are an integral part of this statement.
City of Port Orchard
Fiduciary Fund Resources and Uses Arising from Cash Transactions
For the Year Ended December 31, 2025
Custodial
308
Beginning Cash and Investments
188
388 & 588
Net Adjustments
-
310-390
Additions
142,553
510-590
Deductions
142,678
Net Increase (Decrease) in Cash and
(125)
Investments:
508
Ending Cash and Investments
63
The accompanying notes are an integral part of this statement.
CITY OF PORT ORCHARD
Notes to Financial Statements
For the Year Ended December 31, 2025
Note 1 -Summary of Significant 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. (See Note 11. Joint Ventures)
• 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 Accountin
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, 2025
Special Revenue Funds
These funds account for specific revenue sources that are restricted or committed to expenditures
for specified purposes of the government.
Criminal Justice Fund 103 was created to account for monies received for Criminal Justice
purposes per RCW 82.14. These monies are to be used by the Police Department for criminal
justice purposes.
Special Investigative Unit Fund 104 was created to account for monies and property seized during
drug investigations per RCW 69.50.505. Monies paid into the fund are to be used by the Police
Department for drug enforcement purposes.
Community Events Fund 107 is where monies received from Hotel/Motel Transient (Stadium) Tax
per RCW 67.28 are accounted. These monies are to be used solely for the purpose of paying all or
any part of the cost of tourism promotion and acquisition or operation of tourism related facilities.
The Paths & Trails Fund 108 is used to account for a portion of the Motor Vehicle Fuel tax that is
used to maintain paths and trails for pedestrians, equestrians or bicyclists as part of streets, roads
& highways. As required by RCW 47.30.030, no less than 0.42 percent of the total amount of
funds received will be placed into this fund.
The Impact Fee Fund 111 accounts for Impact Fees collected on building permits within the City.
Impact Fees are charged for parks, transportation, and schools. Impact fee expenditures for system
improvements are expended only in conformance with the capital improvement plan.
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.
The Bond Redemption Fund 206 is a debt service fund for the purpose of paying general fund
bond 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.
Capital Construction Fund 302 is used for the acquisition or construction of major capital facilities
(other than those financed by proprietary funds and trust funds). This fund accounts for grant
funding and transfers from other funds (i.e. REET Fund 309, Impact Fee Fund 111) which provide
cash flow to complete the projects.
CITY OF PORT ORCHARD
Notes to Financial Statements
For the Year Ended December 31, 2025
The Street Capital Projects Fund 304 is used to monitor revenues and expenditures for Street
capital projects. Revenues include street related grant funding and transfers in from REET or
Impact Fee Funds.
Real Estate Excise Tax (REET) Fund 309 is used to account for the receipt of REET levied on all.
sales of real estate. RCW 82.46 funding must be used for capital projects identified in the capital
facilities plan of the City's comprehensive plan.
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.
The Water Utility Fund 411 is used to account for the operation, maintenance, repair, capital
construction, and debt service for the water utility service within Port Orchard.
The Storm Drainage Utility Fund 421 is used to account for the operation, maintenance, repair,
capital construction, and debt service for the storm drainage and surface water management system
within Port Orchard.
The Sewer Utility Fund 431 is used to account for the operation, maintenance, repair, capital
construction, and debt service for the sewer utility service within Port Orchard.
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.
The Equipment Rental and Revolving Fund 500 is used for the repair, replacement, purchase and
operation of vehicles and equipment to be used throughout the City.
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 for assets that the government holds on behalf of others in a
custodial capacity.
The Trust and Agency Fund 631 collects fees which the finance director, acting as an intermediary
depositary, shall distribute to the proper agencies on a regular and timely basis. Examples of fees
CITY OF PORT ORCHARD
Notes to Financial Statements
For the Year Ended December 31, 2025
include but are not limited to state court fines, county crime victim fines, state building code fees,
state concealed pistol licenses and background checks.
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.
C. Cash and Investments
It is the City's policy to invest all temporary cash surpluses. The interest on these investments is
prorated to the various funds. For further information 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. Comnensated Absences
Vacation leave may be accumulated up to 320 hours at year end for non -represented employees
and 240 hours at year end for Teamsters represented employees. Vacation leave is payable up to
240 hours upon separation or retirement of an employee. 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). 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 except LEOFF II employees. 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)
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. Liabilities
See Note 5- Long -Term Liabilities, Note 8- OPEB Plans, and Note 9 -Pension Plans.
CITY OF PORT ORCHARD
Notes to Financial Statements
For the Year Ended December 31, 2025
G. Leases and Subscription Based Information TechnologArrangements (SBITA)
Leases are reported as liabilities if the total payments over the life of the lease is more than $10,000.
SBITAs are reported as liabilities if the total payments over the life of the SBITA is more than
$10,000. For more information see Note 6 — Leases and Note 7 — SBITA.
H. Restricted and Committed Portion of Ending 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 $26,726,793.
Cash & Investments
Purpose
Amount
Restricted
Affordable Housing
$ 232,834
Restricted
2021 Legislative Law Enforcement Funding
16,228
Restricted
Law Enforcement
43,478
Restricted
Vessel Registration Fees
6,674
Restricted
PCB Settlement
17,984
Restricted
Opoid Settlement
178,743
Restricted
Public Transportation Projects
2,748,445
Restricted
Criminal Justice
537,725
Restricted
Law Enforcement Investigations
110,530
Restricted
Tourism
600,088
Restricted
Paths &Trails
20,112
Restricted
Capital Projects
790,089
Restricted
Capital Projects
6,743,034
Restricted
Parks Projects
5,332,704
Restricted
Transportation Projects
8,495,483
Restricted
Anderson Hill Roundabout Project
330,890
Restricted
Old Clifton/Anderson Hill Intersection Improvement Project
285,010
Restricted
LTGO Bond Proceeds
234,282
Restricted
SK Community Events Center Project
2,460
Total
$ 26,726,793
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.
CITY OF PORT ORCHARD
Notes to Financial Statements
For the Year Ended December 31, 2025
Biennial appropriated budgets are adopted on the same basis of accounting as used for financial
reporting.
The appropriated and actual expenditures for the legally adopted budgets were as follow:
General Fund:
Fund: 001 - Current Expense
$ 50,047,366
$
16,175,899
$
33,871,467
Fund: 002 - City Street Fund
12,483,197
2,613,732
9,869,465
Fund: 003- Stabilization Fund
3,365,385
-
3,365,385
Total General Fund
$ 65,895,948
$
18,789,631
$
47,106,317
Fund: 103 - Criminal Justice
1,404,126
533,598
870,528
Fund: 104 - Special Investigative Unit
106,096
-
106,096
Fund: 107 - Comunity Events
676,784
92,421
584,363
Fund: 108 - Paths & Trails
19,989
19,989
Fund: 109 - Real Estate Excise Tax
9,724,427
2,050,431
7,673,996
Fund: 111 - Impact tigation Fee
17,805,326
1,763,217
16,042,109
Fund: 206- Bond Redemption Fund
3,037,951
996,353
2,041,598
Fund: 302 - Capital Construction
5,963,472
2,356,395
3,607,077
Fund: 304- Street Capital Projects
26,017,392
2,799,059
23,218,333
Water Utility Fund:
Fund: 411 -Water Operating
14,043,494
4,142,818
9,900,676
Fund: 412 - Water Stabilization
1,171,576
-
1,171,576
Fund: 413 - Water Capital
20,280,339
2,862,482
17,417,857
Fund: 414 - Water Debt Service
4,093,025
1,068,586
3,024,438
Total Water Utility Fund
$ 39,588,434
$
8,073,887
$
31,514,547
Storm Drainage Utility Fund:
Fund: 421 - Storm Drainage Utility
9,322,943
2,566,686
6,756,257
Fund: 422- Storm Drainage Stabilization
677,048
-
677,048
Fund: 423 - Storm Drainage Capital Facil
5,060,777
824,066
4,236,711
Fund: 424 - Storm Drainage Debt Service
759,120
220,641
538,479
Total Storm Drainage Utility Fund
$ 15,819,888
$
3,611,393
$
12,208,495
Sewer Utility Fund:
Fund: 431- Sewer Operating
22,333,988
6,818,385
15,515,603
Fund: 432 - Sewer Stabilization
1,703,655
-
1,703,655
Fund: 433 - Sewer Capital
28,751,309
6,068,557
22,682,752
Fund: 434 - Sewer Debt Service
3,804,509
87,557
3,716,952
Fund: 632 - Wastewater Treatment Facility Fe
9,928,819
-
9,928,819
Total Sewer Utility Fund
$ 66,522,279
$
12,974,499
$
53,547,780
Fund: 500 - Equipment Rental and Revolving
10,149,634
2,357,027
7,792,607
Fund 109 Real Estate Excise Tax (above) is reported on the financial statements as Fund 309 Real Estate Excise Tax.
CITY OF PORT ORCHARD
Notes to Financial Statements
For the Year Ended December 31, 2025
The City adopts budgets for Fund 001 Current Expense, Fund 002 City Street Fund, and Fund 003
Stabilization Fund, these funds are not reported separately on the financial statements, but in the
General Fund 001.
The City adopts budgets for Fund 41.1 Water Operating, Fund 412 Water Stabilization, Fund 413
Water Capital, and Fund 414 Water Debt Service Fund, these funds are not reported separately on
the financial statements, but in the Water Utility Fund 411.
The City adopts budgets for Fund 421 Storm Drainage Utility, Fund 422 Storm Drainage
Stabilization, Fund 423 Storm Drainage Capital Facility, and Fund 424 Storm Drainage Debt
Service Fund, these funds are not reported separately on the financial statements, but in the Storm
Drainage Utility Fund 421.
The City adopts budgets for Fund 431 Sewer Operating, Fund 432 Sewer Stabilization, Fund 433
Sewer Capital, Fund 434 Sewer Debt Service Fund and Fund 632 Wastewater Treatment Facility
Fee Fund these funds are not reported separately on the financial statements, but in the Sewer
Utility Fund 431.
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.
Note 3 -Deposits and Investments
Investments are reported at amortized cost. Deposits and investments by type at December 31,
2025 are as follows:
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
CITY OF PORT ORCHARD
Notes to Financial Statements
For the Year Ended December 31, 2025
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 a voluntary 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 fair value, 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.
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 2025 was approximately $4,413,198.
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.
CITY OF PORT ORCHARD
Notes to Financial Statements
For the Year Ended December 31, 2025
Property Tax Calendar
January 1
Tax is levied and becomes an enforceable lien against the properties.
February 14
Tax bills are mailed
April 30
First of two equal installment payments are due
May 31
Assessed value of property established for next year's levy at 100 percent of market value.
October 31
Second installment is due
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 2025 was $1.121095 per $1,000 on an assessed valuation of
$3,611,661,259 for a total regular levy of $4,049,018.
Washington State Constitution and Washington State law, RCW 84.55.010, limit the rate.
Note 5 — Long -Term Liabilities
The following table provides details of the outstanding debt of the City and summarizes the City's
debt transactions for year ended December 31, 2025.
The debt service requirements for general obligation bonds and intergovernmental loans are as
follows:
Due Date
Principal
Interest Amount
Total Amount
Amount
2026
$ 1,699,568
$ 1,433,016
$ 3,132,585
2027
1,872,612
946,453
2,819,065
2028
1,911,011
905,849
2,816,860
2029
1,945,549
863,811
2,809,361
2030
1,984,394
820,343
2,804,737
2031-2035
8,897,737
3,426,641
12,324,378
2036-2040
7,875,783
2,333,891
10,209,674
2041-2045
5,394,455
1,163,317
6,557,772
2046-2050
2,652,416
589,153
3,241,569
2051-2055
3,020,222
221,347
3,241,569
Grand Total
$ 37, 253, 747
$ 12, 703, 822
$ 49, 957, 569
Compensated Absences
During the year ended December 31, 2025, the following changes occurred in compensated
absences:
CITY OF PORT ORCHARD
Notes to Financial Statements
For the Year Ended December 31, 2025
Beginning
Additions
Reductions
Ending Balance
Balance
12/31/2025
01/01/2025
Compensated Absences*
$ 1,653,591
$ 264,953
$ 1,918,544
*additions and reductions are reported as a net
The City has entered into agreements for the following loans with no activity or outstanding
balances to report for Fiscal Year 2025:
Maturity
c ntract
Payment
Total Loan
Nu rr r t3escraPtEu
Pro ect interest Rate
?ue Crate
Arrtount
t1 f -2C Prd r rks 0crard
ltd Cidton Rand Water System Int rtie 0,f10°
0 1 t2CJ30
i,
Ord 0123-2 Cert€ficates of Participation, aeries 202
1333 Lloyd Pa ay Purchase 3 69
121112045
2,25},
Note 6 — Leases
The City leases office space from Hillstrom Holdings for $3,745 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. The City exercised its first renewal extension in 2025 and the lease
now has a term expiration of December 2028.
The City leases body cameras and tasers from Axon Enterprises for $82,200 the first year and then
$73,771 each additional year thereafter under a lease agreement with a term of five years from
2025 to 2030.
The total amount paid for leases in 2025 was $127,145. As of December 31, 2025, the future lease
payments are as follows:
Year ended December 31
Total
2026
119,615
2027
120,532
2028
121,467
2029
122,421
2030-2031
100,239
Tota 1
$ 584,274
Note 7 — Subscription Based Information Technology Arrangements (SBITA)
The City made the final annual subscription payment of $8,587 in 2025 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. This contract
ended in 2025 and was not renewed or extended.
CITY OF PORT ORCHARD
Notes to Financial Statements
For the Year Ended December 31, 2025
The City made an annual subscription payment of $24,682 in 2025 for permitting software. The
SBITA contract began in 2022 has a term for three years. In 2024, the contract was extended for
another three year term and now has a term expiration date of December 31, 2028. The agreement
includes an option to extend automatically in 12 -month terms unless either party chooses to
terminate.
The City made an annual subscription payment of $72,450 in 2025 for asset management software.
The SBITA contract began in 2024 has a term for three years and ends January 31, 2027.
The City entered into an agreement for Automated Meter Reading Interface software in 2024. The
SBITA contract began in 2024 has an initial term for five years and there is an option to be renewed
once for an additional five years ending in 2034. There was a delay in the start of project due to
the timing of receiving and installing the equipment and no payments were made in 2024 and 2025.
The City entered into an agreement for City Website, Agenda Management, and Public Records
software in 2025. The SBITA contract began in 2025 has an initial term for two years. The
agreement includes an option to extend automatically in 12 -month terms unless either party
chooses to terminate.
The total amount paid for leases in 2025 was $105,719. As of December 31, 2025, the future
SBITA payments are as follows:
Year ended December 31
Total
2026
$ 160,362
2027
94,340
2028
55,393
2029
28,928
2030
28,928
2031-2035
115,713
Total
$ 483,664
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, 2025, the plan had two members,
all retirees. As of December 31, 2025, the City's total OPEB liability was $940,015 as calculated
using the alternative measurement method. For the year ended December 31, 2025, the City paid
$34,947 in benefits.
Note 9 — Pension Plans
A. State Sponsored Pension Plans
CITY OF PORT ORCHARD
Notes to Financial Statements
For the Year Ended December 31, 2025
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.
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.
At June 30, 2025, the City's proportionate share of the collective net pension liabilities (assets)
was as follows:
Employer
Plan
Contributions
Allocation %
Liability (Asset)
PERS 1 $
186,351
0.033797%
$ 398,465
PERS 2/3
464,430
0.043761%
(1,669,997)
LEOFF 1
0.006199%
(196,418)
LEOFF 2
152,362
0.055885%
(1,082,781)
Only the net pension liability is reported on the Schedule of Liabilities.
CITY OF PORT ORCHARD
Notes to Financial Statements
For the Year Ended December 31, 2025
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, 2025, 117 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, flood and earthquake 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.
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.$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 StarStone 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 a shared and layered
program led by AIG Specialty Insurance Company with CHUBB in excess. In 2025, AWC RMSA
carried a property Self -Insured Retention of $300,000, NLC MIC reinsures up to $3 million, the
shared and layered program led by 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.
CITY OF PORT ORCHARD
Notes to Financial Statements
For the Year Ended December 31, 2025
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,
capital improvements and debt monthly. The 2025 cost sharing was 49.81% City and 50.19%
District and in 2025 the City paid $2,027,862.
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 2025, the
City paid $189,000. As of December 31, 2025; the amount outstanding is $2,069,915.
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
CITY OF PORT ORCHARD
Notes to Financial Statements
For the Year Ended December 31, 2025
Roadway and the Old Clifton/Feigley intersection for a total of $2,200,296. 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 1st to December 31st) 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 is adjusted on March 1, each year
by CPI -U factor. From March 1, 2025, thru Feb 28,2026, the value for reimbursement was
$916.98. In 2025, the City paid $158,015. As of December 31, 2025, the amount outstanding is
$828,475.
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 engineer's 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 1st to December 31st) prior to the date of the adjustment.
Such adjustment shall take effect on March 1st each year. The Transportation Fee credit amount
was established at $1,000 as of February 2021 and is adjusted on March 1, each year by CPI -U
factor. From March 1, 2025, thru Feb 28,2026 the value for credit was $1,272.16. In 2025, the
City provided a total credit amount of $219,221. As of December 31, 2025, the amount of credit
available is $769,869.
Note: The credit amount is annually adjusted per CPI -U effective March 1 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
CITY OF PORT ORCHARD
Notes to Financial Statements
For the Year Ended December 31, 2025
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, 2025, 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:
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
and is adjusted on March 1, each year by CPI -U factor. From October 1, 2025, thru September
30, 2026, the fee is $7,267.88.
In 2025, the City provided credit in the amount of $1,118,900 against CIP No.16 660 Zone Storage
of $2,850,000 and CIP No.15 580 to 660 Zone Booster Station $750,00 leaving a total credit
balance for these two projects of $794,211.
Note: The credit amount is annually adjusted per CPI -U effective October 1 each year per POMC
13.04.065
McCormick Communities, LLC (Park Impact Fee Credit): As of September 26, 2022, the
City had a commitment for a development agreement C1.10-22 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) -Completed
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)
CITY OF PORT ORCHARD
Notes to Financial Statements
For the Year Ended December 31, 2025
The City provided a credit amount of $643,743 to reflect the prior payment and contract with
McCormick Communities for Project No. 1 above. The full credit for this project was provided in
2024. There is no more credit available for Project No. 1 identified above.
The City provided a credit amount of $1,468,518 for Project No. 4- McCormick West Multi -Modal
Trail Phase 1. In 2025, the City provided credit in the amount of $347,384 leaving a total credit
balance remaining of $991,797 for Project No.4.
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. l (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 $245,246) 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. In 2024 the City provided a credit amount of $33,773 for the dedication of right
of way. The City does not expect to provide any additional credit related to this contract.
Note 13. Continiencies & 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
For the year ended December 31, 2025
0455 001 General 3111000 Property Tax $2,620,724
0455 001 General 3164100 Business and $1,198,605
Occupation Taxes on
Utilities
0455 001 General 3611100 Investment Earnings $806,399
0455 001 General 3458300 Plan Checking Services $675,426
0455 001
General
3164400
Business and
Occupation Taxes on
Utilities
$398,646
0455 001
General
3164500
Business and
Occupation Taxes on
Utilities
$277,908
0455 001 General 3164800 Business and $161,905
Occupation Taxes on
Utilities
0455 001 General 3625000 Rents and Leases $143,580
0455 001 General 3360695 Liquor Control Board $136,432
Profits
0455 001 General 3360694 Liquor/Beer Excise Tax $118,970
0455 001 General 3164600 Business and $105,566
Occupation Taxes on
Utilities
0455
001
General
3360642
Marijuana Excise Tax
$86,802
Distribution
0455
001
General
3172000
Leasehold Excise Tax
$71,823
0455
001
General
3671100
Contributions and
$58,780
Donations from
Nongovernmental
Sources
0455
001
General
3458100
Zoning and Subdivision
$54,969
Services
0455
001
General
3540000
Civil Parking Infraction
$50,006
Penalties
0455 001 General 3340110 State Award from $43,478
Criminal Justice Training
Commission
0455 001 General 3694000 Judgments and $28,072
Settlements
0455 001 General 3370000 Local Awards,
$24,685
Entitlements, Tribal
Government
Distributions, and Other
Payments
0455 001 General 3614000 Other Interest
$24,331
0455 001 General 3699100 Miscellaneous Other
$19,523
Operating
0455 001 General 3458901 Other Planning and
$18,000
Development Services
0455 001 General 3340120 State Award from Other
$14,665
Judicial Agencies
0455 001 General 3340350 State Award from Traffic
$13,455
Safety Commission
0455 001 General 3458900 Other Planning and $11,750
Development Services
0455 001 General 3221001 Buildings, Structures $10,000
and Equipment
0455 001 General 3424000 Protective Inspection $7,500
Services
0455 001 General 3360084 Vessel Registration Fees $6,674
0455
001
General
3340230
State Award from
$6,372
Department Natural
Resources
0455
001
General
3425000
Disaster Preparation
$5,549
Services
0455
001
General
3168300
Gambling Tax -
$4,904
Amusement Games
0455
001
General
3569000
Other Criminal Non-
$4,554
Traffic Fines
0455
001
General
3552003
Driving Under Influence
$4,050
(DUI) Fines
0455
001
General
3614001
Other Interest
$3,466
0455
001
General
3229000
Other Non -Business
$3,099
Licenses and Permits
0455 001 General 3573300 Public Defense Cost $2,644
0455 001 General 3624000 Rents and Leases $1,763
0455 001 General 3418100 Data/Word Processing,
$1,429
Printing, Duplicating and
IT Services
0455 001 General 3217000 Amusements
$1,300
0455 001 General 3223000 Animal Licenses
$914
0455 001 General 3213000 Police and Protective $875
0455 001 General 3691000 Sale of Surplus $644
0455 001 General 3565000 Investigative Fund $526
Assessments
0455 001 General 3624100 Rents and Leases $400
0455 001 General 3371000 Local Awards, $229
Entitlements, Tribal
Government
Distributions, and Other
Payments
0455
001
General
3523000
Proof of Motor Vehicle
$172
Insurance
0455
001
General
3419500
Legal Services
$163
0455
001
General
3181100
Admissions Tax
$111
0455
001
General
3216000
Professional and
$70
Occupations
0455
001
General
3416200
Word Processing,
$56
Printing and Duplicating
Services -
Municipal/District Court
0455
001
General
3625100
Rents and Leases
$38
0455
001
General
3698100
Cash Adjustments
($1)
0455
001
General
3111000
Property Tax
$1,411,159
0455
001
General
3132100
Public Transportation
$915,910
Systems Sales and Use
Tax
0455 001 General 3176000 Transportation Benefit
$266,953
District Vehicle Fees
0455 001 General 3611100 Investment Earnings
$194,914
0455 001 General 3360071 Multimodal
$23,402
Transportation - Cities
0455 001 General 3625000 Rents and Leases
$11,890
0455 001 General 3224000 Street and Curb Permits
$9,470
0455 001 General 3671100 Contributions and
$1,850
Donations from
Nongovernmental
Sources
0455 001 General 3441000 Roads/Streets
$697
Maintenance/Repair/Con
struction Services
0455 001 General 3691000 Sale of Surplus
$599
0455 001 General 3611100 Investment Earnings
$140,835
0455 103 Criminal Justice 3360626 Criminal Justice - Special $25,802
Programs
0455 103 Criminal Justice 3611100 Investment Earnings $24,488
0455 103 Criminal Justice 3360621 Criminal Justice - Violent $7,372
Crimes/Population
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
Investment Earnings $4,434
Investment Earnings $23,645
Investment Earnings $814
0455 309 Real Estate Excise Tax 3183500 REET 2 - Second $984,951
Quarter Percent
0455 309 Real Estate Excise Tax 3611100 Investment Earnings $300,036
0455 111 Impact Mitigation Fee 3458500 Growth Management Act $2,158,838
(GMA) Impact Fees
0455 111 Impact Mitigation Fee 3611100 Investment Earnings $548,624
0455 111 Impact Mitigation Fee 3458900 Other Planning and $190,297
Development Services
0455 206 Bond Redemption Fund 3611100 Investment Earnings $22,718
0455 302 Capital Construction 3370000 Local Awards, $236,200
Entitlements, Tribal
Government
Distributions, and Other
Payments
0455 302 Capital Construction 3611100
Investment Earnings
$44,187
0455 304 Street Capital Projects 3340360
State Award from
Department of
Transportation
$312,543
0455 304 Street Capital Projects 3611100 Investment Earnings $44,406
0455 411 Water Utility 3434000 Water Sales and $835,770
Services
0455
411
Water Utility
3434200
Water Sales and
$147,941
Services
0455
411
Water Utility
3611100
Investment Earnings
$114,810
0455
411
Water Utility
3620000
Rents and Leases
$84,437
0455
411
Water Utility
3434000
Water Sales and
$58,070
Services
0455
411
Water Utility
3590000
Non -Court Fines and
$30,410
Penalties
0455 411 Water Utility 3691000 Sale of Surplus $6,531
0455 411 Water Utility 3458300 Plan Checking Services $2,949
0455
411
Water Utility
3699100
Miscellaneous Other
$301
Operating
0455
411
Water Utility
3611100
Investment Earnings
$51,384
0455
411
Water Utility
3434000
Water Sales and
$4,038,557
Services
0455
411
Water Utility
3611100
Investment Earnings
$472,608
0455
411
Water Utility
3611100
Investment Earnings
$56,359
0455
421
Storm Drainage Utility
3431000
Storm Drainage Sales
$1,771,592
and Services
0455
421
Storm Drainage Utility
3431000
Storm Drainage Sales
$1,449,008
and Services
0455
421
Storm Drainage Utility
3611100
Investment Earnings
$110,844
0455
421
Storm Drainage Utility
3340310
State Award from
$107,596
Department of Ecology
0455
421
Storm Drainage Utility
3221000
Buildings, Structures
$26,850
and Equipment
0455
421
Storm Drainage Utility
3340312
State Award from
$22,404
Department of Ecology
0455
421
Storm Drainage Utility
3590000
Non -Court Fines and
$17,510
Penalties
0455
421
Storm Drainage Utility
3458900
Other Planning and
$11,760
Development Services
0455
421
Storm Drainage Utility
3671100
Contributions and
$3,084
Donations from
Nongovernmental
Sources
0455 421 Storm Drainage Utility 3699100 Miscellaneous Other $156
Operating
0455 421 Storm Drainage Utility 3691000 Sale of Surplus $32
0455 421 Storm Drainage Utility 3611100 Investment Earnings $26,413
0455
421
Storm Drainage Utility
3611100
Investment Earnings
$46,254
0455
421
Storm Drainage Utility
3611100
Investment Earnings
$25
0455
431
Sewer Utility
3435000
Sewer/Reclaimed Water
$5,764,462
Sales and Services
0455
431 !
Sewer Utility
3435000
Sewer/Reclaimed Water
$1,058,355
Sales and Services
0455
431
Sewer Utility
3611100
Investment Earnings
$362,644
0455
431
Sewer Utility
3435000
Sewer/Reclaimed Water
$23,790
Sales and Services
0455
431
Sewer Utility
3590000
Non -Court Fines and
$12,358
Penalties
0455
431
Sewer Utility
3671100
Contributions and
$4,318
Donations from
Nongovernmental
Sources
0455
431
Sewer Utility
3458300
Plan Checking Services
$3,389
0455
431
Sewer Utility
3458900
Other Planning and
$600
Development Services
0455
431
Sewer Utility
3691000
Sale of Surplus
$206
0455
431
Sewer Utility
3699100
Miscellaneous Other
$168
Operating
0455
431
Sewer Utility
3611100
Investment Earnings
$74,721
0455
431
Sewer Utility
3435000
Sewer/Reclaimed Water
$4,362,176
Sales and Services
0455
431
Sewer Utility
3611100
Investment Earnings
$487,576
0455
431
Sewer Utility
3370000
Local Awards,
$319,489
Entitlements, Tribal
Government
Distributions, and Other
Payments
0455 431 Sewer Utility 3611100 Investment Earnings $66,966
0455 500 Equipment Rental and 3480000 Internal Service Funds $312,484
Revolving Sales and Services
0455 500 Equipment Rental and
Revolving
0455 500 Equipment Rental and
Revolving
0455 500 Equipment Rental and
Revolving
3611100 Investment Earnings $230,117
3480000 Internal Service Funds $124,632
Sales and Services
3480000 Internal Service Funds $111,136
Sales and Services
0455 500 Equipment Rental and 3480000
Revolving
0455 500 Equipment Rental and 3480000
Revolving
0455 500 Equipment Rental and 3480000
Revolving
0455 500 Equipment Rental and 3480000
Revolving
0455 500 Equipment Rental and 3480000
Revolving
0455 500 Equipment Rental and 3480000
Revolving
0455 500 Equipment Rental and 3480000
Revolving
0455 500 Equipment Rental and 3480000
Revolving
Internal Service Funds
Sales and Services
Internal Service Funds
Sales and Services
Internal Service Funds
Sales and Services
Internal Service Funds
Sales and Services
Internal Service Funds
Sales and Services
Internal Service Funds
Sales and Services
Internal Service Funds
Sales and Services
Internal Service Funds
Sales and Services
Internal Service Funds
Sales and Services
$78,727
$50,991
$43,300
$32,600
$23,098
$9,500
$6,167
0455 500 Equipment Rental and 3670000 Contributions and $4,686
Revolving Donations from
Nongovernmental
Sources
0455
500
Equipment Rental and
3480000
Internal Service Funds
($4,137)
Revolving
Sales and Services
0455
431
Sewer Utility
3435000
Sewer/Reclaimed Water
$1,766,305
Sales and Services
0455
431
Sewer Utility
3611100
Investment Earnings
$374,148
0455
001
General
3084100
Committed Cash and
$30,094
Investments - Beginning
0455
001
General
3089100
Unassigned Cash and
$18,066,427
Investments - Beginning
0455
001
General
3083100
Restricted Cash and
$180,966
Investments - Beginning
0455
001
General
3083101
Restricted Cash and
$25,967
Investments - Beginning
0455
001
General
3083101
Restricted Cash and
$150,671
Investments - Beginning
0455
001
General
3083101
Restricted Cash and
$17,984
Investments - Beginning
0455
001 !
General
3083101
Restricted Cash and
$1,745,390
Investments - Beginning
0455
001
General
3085100
Assigned Cash and
$2,702,972
Investments - Beginning
0455
001
General
3089100
Unassigned Cash and
$3,235,385
Investments - Beginning
0455
103
Criminal Justice
3083100
Restricted Cash and
$576,826
Investments - Beginning
0455
104
Special Investigative Unit
3085100
Assigned Cash and
$91,806
Investments - Beginning
0455
104
Special Investigative Unit
3083100
Restricted Cash and
$14,290
Investments - Beginning
0455
107
Community Events
3083100
Restricted Cash and
$472,384
Investments - Beginning
0455
108
Paths & Trails
3083100
Restricted Cash and
$17,989
Investments - Beginning
0455
309
Real Estate Excise Tax
3083100
Restricted Cash and
$6,523,527
Investments - Beginning
0455
111
Impact Mitigation Fee
3083100
Restricted Cash and
$3,916,725
Investments - Beginning
0455
111
Impact Mitigation Fee
3083100
Restricted Cash and
$6,847,926
Investments - Beginning
0455
111
Impact Mitigation Fee
3083100
Restricted Cash and
$363,891
Investments - Beginning
0455
206
Bond Redemption Fund
3083100
Restricted Cash and
$517,371
Investments -
Beginning
0455
302
Capital Construction
3083100
Restricted Cash and
$1,264,404
Investments -
Beginning
0455
302
Capital Construction
3085100
Assigned Cash
and
$303,572
Investments -
Beginning
0455
304
Street Capital Projects
3083100
Restricted Cash and
$41,309
Investments -
Beginning
0455
304
Street Capital Projects
3085100
Assigned Cash
and
$910,803
Investments -
Beginning
0455
411
Water Utility
3085100
Assigned Cash
and
$2,754,462
Investments -
Beginning
0455
411
Water Utility
3085100
Assigned Cash
and
$1,171,576
Investments -
Beginning
0455
411
Water Utility
3085100
Assigned Cash
and
$8,436,823
Investments -
Beginning
0455
411
Water Utility
3085100
Assigned Cash
and
$1,285,005
Investments -
Beginning
0455
421
Storm Drainage Utility
3085100
Assigned Cash
and `
$2,328,243
Investments -
Beginning
0455
421
Storm Drainage Utility
3085100
Assigned Cash
and
$602,048
Investments -
Beginning
0455
421
Storm Drainage Utility
3085100
Assigned Cash
and
$942,392
Investments -
Beginning
0455
431
Sewer Utility
3085100
Assigned Cash
and
$8,754,383
Investments -
Beginning
0455
431
Sewer Utility
3085100
Assigned Cash
and
$1,703,655
Investments -
Beginning
0455
431
Sewer Utility
3085100
Assigned Cash
and
$10,194,669
Investments -
Beginning
0455
431
Sewer Utility
3085100
Assigned Cash
and
$1,526,829
Investments -
Beginning
0455
500
Equipment Rental and
3085100
Assigned Cash
and
$5,488,629
Revolving
Investments -
Beginning
0455
631
Trust and Agency
3083100
Restricted Cash and
$188
Investments -
Beginning
0455
431
Sewer Utility
3085100
Assigned Cash
and
$7,928,631
Investments -
Beginning
0455
001
General
5113010
Official Publication
$90,172
Services
0455
001
General
5593030
Property Development
$16
0455
001
General
5113020
Official Publication
$29,049
Services
0455
001
General
5213030
Crime Prevention
$117
0455
001
General
5143030
Recording Services
$170
0455
001
General
5256030
Disaster Preparedness
$174
0455
001
General
5116010
Legislative Activities
$95,747
0455
001
General
5131030
Executive Office
$294
0455
001
General
5179140
Other Employee Benefit
$398
Programs
0455
001
General
5181030
Personnel Services
$416
0455
001
General
5116020
Legislative Activities
$12,572
0455
001
General
5725030
Facilities
$685
0455
001
General
5217030
Traffic Policing
$808
0455
001
General
5246030
Enforcement of Codes
$1,171
and Regulation
0455
001
General
5586030
Planning
$1,199
0455
001
General
5182030
Property Management
$1,595
Services
0455
001
General
5116030
Legislative Activities
$1,665
0455
001
General
5142330
Financial Services
$1,746
0455
001
General
5125110
Municipal Court
$365,384
0455
001
General
5125130
Municipal Court
$4,046
0455
001
General
5125120
Municipal Court
$119,849
0455
001
General
5660040
Chemical Dependency
$5,235
Services
0455
001
General
5212130
Police Operations
$5,311
0455
001
General
5131010
Executive Office
$139,812
0455 001 General 5585030 Building Permits and $7,485
Plan Reviews
0455 001 General 5739040 Other Cultural and $7,766
Community Events
0455 001 General 5215040 Facilities $22,929
0455
001
General
5131020
Executive Office
$44,175
0455
001
General
5217030
Traffic Policing
$8,533
0455
001
General
5142310
Financial Services
$321,685
0455
001
General
5211030
Administration
$10,251
0455
001
General
5212330
Police Operations
$11,136
0455
001
General
5212540
Police Operations
$11,240
0455
001
General
5142320
Financial Services
$95,488
0455
001
General
5143010
Recording Services
$99,625
0455
001
General
5214030
Training
$14,111
0455
001
General
5212230
Police Operations
$14,219
0455
001
General
5217040
Traffic Policing
$15,046
0455
001
General
5593040
Property Development
$15,165
0455 001 General 5143020 Recording Services $30,855
0455
001
General
5181010
Personnel Services
$153,974
0455
001
General
5218040
Property and Evidence
$21,283
Room
0455
001
General
5183030
Maintenance/Security/In
$22,762
surance/Janitorial
Services
0455
001
General
5213040
Crime Prevention
$24,171
0455
001
General
5181020
Personnel Services
$41,130
0455
001
General
5251040
Administration
$29,331
0455
001
General
5116040
Legislative Activities
$29,605
0455
001
General
5587040
Economic Development
$30,000
0455
001
General
5182010
Property Management
$125,969
Services
0455 001 General 5217040 Traffic Policing $32,080
0455 001 General 5131040 Executive Office $33,455
0455 001 General 5182020 Property Management $41,692
Services
0455
001
General
5725040
Facilities
$36,073
0455
001
General
5143040
Recording Services
$36,930
0455
001
General
5125140
Municipal Court
$37,195
0455
001
General
5181040
Personnel Services
$38,923
0455
001
General
5212340
Police Operations
$39,166
0455 001 General 5183020 Maintenance/Security/In $89,047
surance/Janitorial
Services
0455
001
General
5188820
Information Technology
$49,039
Services
0455
001
General
5212140
Police Operations
$44,344
0455
001
General
5246040
Enforcement of Codes
$47,803
and Regulation
0455
001
General
5211010
Administration
$845,924
0455
001
General
5117040
Lobbying Activities
$48,279
0455
001
General
5211020
Administration
$292,732
0455
001
General
5212110
Police Operations
$379,264
0455
001
General
5768030
General Parks
$55,019
0455
001
General
5543040
Animal Control
$58,346
0455
001 !
General
5620040
Public Health Services
$58,437
0455
001
General
5755040
Multipurpose and
$59,604
Community Centers
0455
001
General
5212120
Police Operations
$149,686
0455
001
General
5142340
Financial Services
$64,319
0455
001
General
5182040
Property Management
$68,164
Services
0455
001
General
5214040
Training
$71,120
0455
001
General
5212210
Police Operations
$1,738,775
0455
001
General
5149040
Voters Registration
$83,343
Services
0455
001
General
5212220
Police Operations
$654,355
0455
001
General
5212310
Police Operations
$20,551
0455
001
General
5212510
Police Operations
$132,927
0455
001
General
5212520
Police Operations
$41,025
0455
001
General
5213010
Crime Prevention
$87,399
0455
001
General
5213020
Crime Prevention
$34,343
0455
001
General
5214010
Training
$461
0455
001
General
5217010
Traffic Policing
$93,533
0455
001
General
5217010
Traffic Policing
$243,989
0455
001
General
5217020
Traffic Policing
$19,911
0455
001
General
5586040
Planning
$129,551
0455
001
General
5217020
Traffic Policing
$64,638
0455
001
General
5218010
Property and Evidence
$51,174
Room
0455 001 General 5232020
0455 001 General 5188840
0455 001 General 5246010
Monitoring of Prisoners ($1,949)
Information Technology $183,429
Services
Enforcement of Codes $153,268
and Regulation
0455 001 General 5585010 Building Permits and $1,103,774
Plan Reviews
0455
001
General
5154140
External Legal Services -
$267,432
Advice
0455
001
General
5586010
Planning
$256,558
0455
001
General
5768040
General Parks
$305,417
0455
001
General
5586020
Planning
$76,468
0455
001
General
5183040
Maintenance/Security/In
$316,701
surance/Janitorial
Services
0455
001
General
5593010
Property Development
$18,217
0455 001 General 5593020 Property Development $6,322
0455
001
General
5236040
Care and Custody of
$378,722
Prisoners
0455
001
General
5211040
Administration
$380,617
0455
001
General
5739020
Other Cultural and
$4,612
Community Events
0455
001
General
5212240
Police Operations
$442,184
0455
001
General
5585040
Building Permits and
$554,495
Plan Reviews
0455
001
General
5755020
Multipurpose and
$92
Community Centers
0455
001
General
5768010
General Parks
$365,291
0455
001
General
5768020
General Parks
$110,761
0455
001
General
5426330
Street Lighting
$10
0455
001
General
5423010
Roadway
$97,607
0455
001
General
5431030
Management
$210
0455
001
General
5423020
Roadway
$42,074
0455
001
General
5426140
Sidewalks
$335
0455
001
General
5425010
Structures
$301
0455
001
General
5425020
Structures
$93
0455
001
General
5426530
Parking Facilities
$931
0455
001
General
5426110
Sidewalks
$7,593
0455
001
General
5426120
Sidewalks
$3,099
0455
001
General
5433140
General Services
$1,494
0455
001
General
5435030
Facilities
$1,543
0455
001
General
5426310
Street Lighting
$1,304
0455
001
General
5426230
Special Purpose Paths
$2,075
0455
001
General
5426240
Special Purpose Paths
$2,479
0455
001
General
5426320
Street Lighting
$443
0455
001
General
5426410
Traffic Control Devices
$108,400
0455
001
General
5426130
Sidewalks
$3,432
0455
001
General
5427030
Roadside
$4,604
0455
001
General
5426420
Traffic Control Devices
$33,803
0455
001
General
5426510
Parking Facilities
$3,070
0455
001
General
5426520
Parking Facilities
$1,212
0455
001
General
5435040
Facilities
$12,930
0455
001
General
5433030
General Services
$15,200
0455
001
General
5426610
Snow and Ice Control
$47,697
0455
001
General
5423030
Roadway
$20,217
0455
001
General
5425040
Structures
$20,435
0455
001
General
5431040
Management
$21,727
0455
001
General
5426630
Snow and Ice Control
$31,421
0455
001
General
5426620
Snow and Ice Control
$18,297
0455
001
General
5427010
Roadside
$108,548
0455
001
General
5427020
Roadside
$38,921
0455
001
General
5428010
Ancillary Operations
$11,095
0455
001
General
5426430
Traffic Control Devices
$51,367
0455
001
General
5428020
Ancillary Operations
$4,774
0455
001
General
5427040
Roadside
$60,711
0455
001
General
5426440
Traffic Control Devices
$85,082
0455
001
General
5431010
Management
$162,766
0455
001
General
5431020
Management
$52,706
0455
001
General
5433010
General Services
$509,603
0455
001
General
5433020
General Services
$171,750
0455
001
General
5426340
Street Lighting
$211,432
0455
001
General
5433040
General Services
$276,439
0455
001
General
5423040
Roadway
$356,495
0455
103
Criminal Justice
5211030
Administration
$6,569
0455
103
Criminal Justice
5212210
Police Operations
$110,365
0455
103
Criminal Justice
5211040
Administration
$22,039
0455
103 '
Criminal Justice
5212220
Police Operations
$21,347
0455
103
Criminal Justice
5212240
Police Operations
$291,078
0455
107
Community Events
5573010
Tourism
$1,459
0455
107
Community Events
5573020
Tourism
$499
0455
107
Community Events
5573040
Tourism
$90,463
0455 111 Impact Mitigation Fee 5449040 Operations
Administration and
Overhead
$158,016
0455
411
Water Utility
5344030
Water Utilities
$1,581
0455
411
Water Utility
5344040
Water Utilities
$23,740
0455
411
Water Utility
5341030
Water Utilities
$29,981
0455
411
Water Utility
5343030
Water Utilities
$38,352
0455
411
Water Utility
5342040
Water Utilities
$73,645
0455
411
Water Utility
5342030
Water Utilities
$216,614
0455
411
Water Utility
5343040
Water Utilities
$229,056
0455
411
Water Utility
5341010
Water Utilities
$1,109,369
0455
411
Water Utility
5341020
Water Utilities
$420,697
0455
411
Water Utility
5341040
Water Utilities
$1,107,509
0455
411
Water Utility
5341040
Water Utilities
$70,772
0455
411
Water Utility
5341040
Water Utilities
$189,000
0455
421
Storm Drainage Utility
5311030
Storm Drainage Utilities
$21,635
0455
421
Storm Drainage Utility
5310030
Storm Drainage Utilities
$43,393
0455
421
Storm Drainage Utility
5310040
Storm Drainage Utilities
$100,087
0455
421
Storm Drainage Utility
5311010
Storm Drainage Utilities
$636,125
0455
421
Storm Drainage Utility
5311020
Storm Drainage Utilities
$236,420
0455
421
Storm Drainage Utility
5311040
Storm Drainage Utilities
$956,700
0455
421
Storm Drainage Utility
5311040
Storm Drainage Utilities
$31,797
0455 431 Sewer Utility 5353030 Sewer/Reclaimed Water $44,971
Utilities
0455 431 Sewer Utility 5353040 Sewer/Reclaimed Water $133,147
Utilities
0455 431 Sewer Utility 5351010 Sewer/Reclaimed Water $936,135
Utilities
0455 431 Sewer Utility 5351020 Sewer/Reclaimed Water $325,970
Utilities
0455 431 Sewer Utility 5352040
0455
500
Equipment Rental and
5485040
Revolving
0455
500
Equipment Rental and
5487040
Revolving
0455
500
Equipment Rental and
5483040
Revolving
0455
500
Equipment Rental and
5483010
Revolving
0455
500
Equipment Rental and
5483030
Revolving
0455
500
Equipment Rental and
5487030
Revolving
0455
500
Equipment Rental and
5483020
Revolving
0455
001
General
5083100
0455
001
General
5083100
0455 001 General 5083100
0455 001 General 5089100
0455
001
General
5085100
0455
001
General
5089100
0455
103
Criminal Justice
5083100
0455
104
Special Investigative Unit
5083100
0455
104
Special Investigative Unit
5083100
Sewer/Reclaimed Water $2,066,866
Utilities
Sewer/Reclaimed Water $78,770
Utilities
Fuel Depots $3,799
Mechanical Shops
$93,528
Mechanical Shops
$312,668
Mechanical Shops
$119,950
Mechanical Shops $113,252
Restricted Cash and
$59,707
Investments - Ending
Restricted Cash and
$178,743
Investments - Ending
Restricted Cash and
$17,984
Investments - Ending
Restricted Cash and
$6,674
Investments - Ending
Unassigned Cash and
$19,612,616
Investments - Ending
Restricted Cash and
$2,748,445
Investments - Ending
Assigned Cash and
$3,404,902
Investments - Ending
Unassigned Cash and
$3,506,220
Investments - Ending
Restricted Cash and
$537,725
Investments - Ending
Restricted Cash and
$14,886
Investments - Ending
Restricted Cash and
$95,644
Investments - Ending
0455
108
Paths & Trails
5083100
0455
309
Real Estate Excise Tax
5083100
0455
111
Impact Mitigation Fee
5083100
0455 111 Impact Mitigation Fee 5083100
0455
206
Bond Redemption Fund
5083100
0455
302
Capital Construction
5083100
0455
302
Capital Construction
5083100
0455 304 Street Capital Projects 5085100
0455 411 Water Utility 5085100
0455
411
Water Utility
5085100
0455
421
Storm Drainage Utility
5085100
0455
421
Storm Drainage Utility
5085100
0455 421 Storm Drainage Utility 5085100
Restricted Cash and
$20,112
Investments - Ending
Restricted Cash and
$6,743,034
Investments - Ending
Restricted Cash and
$5,332,704
Investments - Ending
Restricted Cash and
$8,495,483
Investments - Ending
Restricted Cash and
$285,010
Investments - Ending
Restricted Cash and
$330,890
Investments - Ending
Restricted Cash and
$790,089
Investments - Ending
Restricted Cash and
$234,282
Investments - Ending
Restricted Cash and
$2,460
Investments - Ending
Assigned Cash and
$104,034
Investments - Ending
Assigned Cash and
$811,441
Investments - Ending
Assigned Cash and
$3,542,208
Investments - Ending
Assigned Cash and
$1,222,960
Investments - Ending
Assigned Cash and
$13,032,094
Investments - Ending
Assigned Cash and
$1,341,364
Investments - Ending
Assigned Cash and
$3,338,057
Investments - Ending
Assigned Cash and
$703,461
Investments - Ending
Assigned Cash and <
$1,239,129
Investments - Ending
Assigned Cash and
$222,824
Investments - Ending
0455 431 Sewer Utility 5085100 Assigned Cash and $1,778,376
Investments - Ending
0455 431 Sewer Utility 5085100 Assigned Cash and $13,371,941
Investments - Ending
0455 431 Sewer Utility 5085100 Assigned Cash and $1,593,794
Investments - Ending
0455 631 Trust and Agency 5083100 Restricted Cash and $63
Investments - Ending
0455 001 General 3821000 Refundable Deposits
$22,125
0455 001 General 3899000 Holding and Clearing
$5,556
Account Transactions
0455 001 General 3899000 Holding and Clearing
($777)
Account Transactions
0455
206
Bond Redemption Fund
3970000
Transfers -In
$1,246,353
0455
302
Capital Construction
3970000
Transfers -In
$718,289
0455
304
Street Capital Projects
3970000
Transfers -In
$1,532,456
0455
411
Water Utility
3981000
Insurance Recoveries
$8,931
(Cash Basis)
0455
411
Water Utility
3821000
Refundable Deposits
($1,200)
0455 431 Sewer Utility 3899000 Holding and Clearing
Account Transactions
($5,794)
0455
500
Equipment Rental and
3951000
Proceeds from Sales of
$91,143
Revolving
Capital Assets (Cash
Basis Only)
0455
500
Equipment Rental and
3981000
Insurance Recoveries
$186
Revolving
(Cash Basis)
0455
631
Trust and Agency
3869100
Court Remittances
$48,139
0455
631
Trust and Agency
3869200
Court Remittances
$26,318
0455
631
Trust and Agency
3869700
Court Remittances
$21,579
0455
631
Trust and Agency
3868331
Court Remittances
$8,583
0455
631
Trust and Agency
3893003
Custodial Type
$6,065
Collections
0455
631
Trust and Agency
3868332
Court Remittances
$5,636
0455
631
Trust and Agency
3868926
Court Remittances
$4,957
0455
631
Trust and Agency
3893001
Custodial Type
$2,121
Collections
0455
631
Trust and Agency
3893004
Custodial Type
$1,734
Collections
0455
631
Trust and Agency
3861200
Court Remittances
$1,550
0455
631
Trust and Agency
3869900
Court Remittances
$912
0455
631
Trust and Agency
3893006
Custodial Type
$816
Collections
0455
631
Trust and Agency
3868800
Court Remittances '
$562
0455
631
Trust and Agency
3868909
Court Remittances
$468
0455
631
Trust and Agency
3868914
Court Remittances
$376
0455
631
Trust and Agency
3868300
Court Remittances
$156
0455
631
Trust and
Agency
3868915
Court
Remittances
$82
0455
631
Trust and
Agency
3869017
Court
Remittances
$36
0455
631
Trust and
Agency
3862002
Court
Remittances
$9
0455 001 General 5947660 Capital $6,029
Expenditures/Expenses-
Park Facilities
0455 001 General 5947260 Capital $35,834
Expenditures/Expenses-
Libraries
0455 001 General 5915870 Debt Repayment - $48,403
Community Planning
and Economic
Development
0455 001 General 5970000 Transfers -Out $273,496
0455 001 General 5951020 Capital $822
Expenditures/Expenses-
Engineering
0455
309
Real Estate Excise Tax
5970000
Transfers -Out
$948,340
0455
309
Real Estate Excise Tax
5970000
Transfers -Out
$1,102,091
0455
111
Impact Mitigation Fee
5970300
Transfers -Out
$48,833
0455
111 '
Impact Mitigation Fee
5970100
Transfers -Out
$444,793
0455
111
Impact Mitigation Fee
5970000
Transfers -Out
$679,545
0455 206 Bond Redemption Fund 5929580 Interest and Other Debt $45,030
Service Cost -
Roads/Streets and
Related Infrastructure
0455 206 Bond Redemption Fund 5919570 Debt Repayment - $216,900
Roads/Streets and Other
Infrastructure
0455 206 Bond Redemption Fund 5921880 Interest and Other Debt $413,996
Service Cost -
Centralized/General
Services
0455 302 Capital Construction 5941820 Capital $4,781
Expenditures/Expenses -
Centralized/General
Services
0455 302 Capital Construction 5947620 Capital $2,699
Expenditures/Expenses -
Park Facilities
0455 302 Capital Construction 5947560
$755,288
0455 304 Street Capital Projects 5951010
Capital
Expenditures/Expenses-
Engineering
$24,874
0455 304 Street Capital Projects 5952010
Capital
Expenditures/Expenses -
Right -Of -Way
$74
0455 304 Street Capital Projects 5953010 Capital
Expenditures/Expenses -
Roadway
$7,942
0455 304 Street Capital Projects 5952060
Capital
Expenditures/Expenses-
Right-Of-Way
$42,273
0455 304 Street Capital Projects 5951060
0455 411 Water Utility 5943460
Capital
Expenditures/Expenses -
Cultural and
Recreational Facilities
Capital $1,492,183
Expenditures/Expenses-
Engineering
Debt Repayment - $23,908
Water Utilities
Capital $142,280
Expenditures/Expenses-
Water Utilities
0455 411 Water Utility
5943420
Capital
Expenditures/Expenses-
Water Utilities
$7,749
0455
411
Water Utility
5923480
Interest and Other Debt
$201,963
Service Cost - Water
Utilities
0455
411
Water Utility
5913470
Debt Repayment -
$677,624
Water Utilities
0455
421
Storm Drainage Utility
5943160
Capital
$378
Expenditures/Expenses-
Storm Drainage Utilities
0455
421
Storm Drainage Utility
5913170
Debt Repayment -
$23,909
Storm Drainage Utilities
0455
421
Storm Drainage Utility
5943110
Capital
$4,958
Expenditures/Expenses -
Storm Drainage Utilities
0455 421 Storm Drainage Utility 5943160 Capital
Expenditures/Expenses-
Storm Drainage Utilities
$785,646
0455 421 Storm Drainage Utility 5913170
Debt Repayment -
Storm Drainage Utilities
$12,320
0455 421 Storm Drainage Utility 5913170
Debt Repayment -
Storm Drainage Utilities
$153,500
0455 431 Sewer Utility
5913570
Debt Repayment -
Sewer/Reclaimed Water
Utilities
$24,633
0455 431 Sewer Utility
$12,884
5943520 Capital
Expenditures/Expenses -
Sewer/Reclaimed Water
Utilities
0455 431 Sewer Utility
$39,876
5923580 Interest and Other Debt
Service Cost -
Sewer/Reclaimed Water
Utilities
0455 500 Equipment Rental and 5944860
Revolving
$7,531
Capital
Expenditures/Expenses -
Public Works Centralized
Services
0455 500 Equipment Rental and 5944860
Revolving
$226,531
Capital
Expenditures/Expenses -
Public Works Centralized
Services
0455 500 Equipment Rental and 5944860
Revolving
$271,806
Capital
Expenditures/Expenses-
Public Works Centralized
Services
0455 631 Trust and Agency
5893000
Custodial Type $250
Remittances
0455 631 Trust and Agency 5860300 Court Remittances $1,550
0455 631 Trust and Agency 5893000 Custodial Type $2,121
Remittances
0455 631 Trust and Agency 5893000 Custodial Type $12,329
Remittances
0455 631 Trust and Agency 5860200 Court Remittances $117,813
MCAG No 0455 City of Port Orchard
SCHEDULE SUMMARY OF BANK RECONCLIATION
Forthe Fiscal period ended December31, 2025
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)
Interbanktransfers
out
(6)
Kitsap Bank MainAccount
$ 9,527,197
$ 43,025,007
$ 5,000,000
$ 45,763,285
$ 6,500,000
$ 5,288,918
Local Government Investment Pool
$ 70,649,947
$ 14,045,875
$ 6,500,000
$ -
$ -
$ 91,195,822
Kitsap County Investment Pool
$ 25,258,308
$ 7,165,583
$ -
$ -
$ 5,000,000
$ 27,423,891
Kitsap BankMoney Market
$ 25,804
$ 52
$ -
$ -
$ -
$ 25,855
Kitsap Bank Municipal Court
$ 39,233
$ 20,313
$ 319,228
$ 52,806
$ 319,228
$ 6,740
Kitsap BankAdvance Travel
$ 2,000
$ -
$ -
$ -
$ -
$ 2,000
Kitsap Bank Special Investigative Unit
$ 1,000
$ -
$ -
$ -
$ -
$ 1,000
$
$
$
$
$
Bank Totals
$ 105,503,489
$ 64,256,829
$ 11,819,228
$ 45,816,091
$ 11,819,228
$ 123,944,227
FROM GENERAL LEDGER
Beginning Cash &
Revenues & Other
it;1
Expenditures &
y{ t Ending Cash &
Investment
Increases
t y;;
Other Decreases
Investment Balance
Balance
(21)
sfrs (22)
(19)
(20)
t yV
y?;(
C4/C5 or Trial Balance Totals (18)
$ 101,222,396
$ 70,003,584'IIII
f;
$ 51,243,836
$
,: $ 119,982,144
$
Unreconciled Variance (23)
$
$
City of Port Orchard
Schedule of Liabilities
For the Year Ended December 31, 2025
ID. No.
Debt ID Title
Description
General Obligation Debt/Liabilities
251.11
Non -voted General obligation
G O Debt
bonds
Total General Obligation Debt/Liabilities:
Revenue and Other (non G.O.) Debt/Liabilities
259.12
Compensated Absences
Compensated Absences
263.82
Loans and other obligations to the
Drinking Water State Revolving Fund Loan
federal government or other out -of
-state governments
263.82
Loans and other obligations to the
Water Quality Loan
federal government or other out -of
-state governments
264.30
Pension Liabilities
Pension Liabilities
264.40
OPEB Liabilities
OPEB Liabilities
263.84
Loans and other obligations to
Drinking Water State Revolving Fund Loan
Washington state agencies
(Except LOCAL and PWTF loans)
263.84
Loans and other obligations to
Drinking Water State Revolving Fund Loan
Washington state agencies
(Except LOCAL and PWTF loans)
263.84
Loans and other obligations to
Public Works Board
Washington state agencies
(Except LOCAL and PWTF loans)
263.84
Loans and other obligations to
Public Works Board
Washington state agencies
(Except LOCAL and PWTF loans)
263.84
Loans and other obligations to
Public Works Board
Washington state agencies
(Except LOCAL and PWTF loans)
Beginning
Ending
Balance
Additions
Reductions
Balance
13,775,000
-
730,000
13,045,000
-
13,775,000
730,000
13,045,000
1,653,591
264,953
-
1,918,544
4,216,588
-
324,353
3,892,235
177,418
-
12,320
165,098
579,533
-
181,068
398,465
1,538,338
-
598,323
940,015
402,929
-
57,561
345,368
3,588,617
2,345,538
262,567
5,671,588
226,505
-
13,324
213,181
111,350
355,917
9,343
457,924
123,385
60,983
10,557
173,811
City of Port Orchard
Schedule of Liabilities
For the Year Ended December 31, 2025
Beginning
ID. No. Debt ID Title Description Balance
263.84
Loans and other obligations to
Department of Ecology
Washington state agencies
(Except LOCAL and PWTF loans)
263.84
Loans and other obligations to
Public Works Board
Washington state agencies
(Except LOCAL and PWTF loans)
263.57
Leases, SBITA, and PPPs
Building Lease
263.57
Leases, SBITA, and PPPs
Body Camera & Taser Lease
263.57
Leases, SBITA, and PPPs
Agenda Management Software Based IT
Arrangement
263.57
Leases, SBITA, and PPPs
Permitting Software Based IT Arrangement
263.57
Leases, SBITA, and PPPs
Asset Management Software Based IT
Arrangement
263.57
Leases, SBITA, and PPPs
Automated Meter Interface Software Based IT
Arrangement
263.57
Leases, SBITA, and PPPs
Agenda, Website, Public Records Software Based
IT Arrangement
Total Revenue and Other (non G.O.)
Debt/Liabilities:
Total Liabilities
Ending
Additions Reductions Balance
11,065,132 2,212,170 - I'� 977 302
12,240
334,136 -
377,283 -
8,587 -
106,383 -
148,523 -
267,206 -
- 58,684
24,925,504 5,310,485
38,700,504 5,310,485
12,240
44,945
289,191
82,200
295,083
8,587
-
24,682
81,701
72,450
76,073
-
267,206
-
58,684
1,702,280
28,533,709
2,432,280 41,578,709
City of Port Orchard
Schedule of Expenditures of State Financial Assistance
For the Year Ended December 31, 2025
State Agency Name
Program Title
Identification Number
Total
State Award from Criminal Justice Training
Accredition Grant
N/A
43,478
Commission
Sub -Total:
43,478
State Award from Other Judicial Agencies
Funding for Public Defense
GRT24039
12,000
Improvement
State Award from Other Judicial Agencies
Court Interpreter services
IAA25498
3,130
Sub -Total:
15,130
State Award from Department Natural Resources
Derelict Vessels & Marine Salvage
16122
23,610
Sub -Total:
23,610
State Award from Recreation and Conservation
Youth Athletic Facilities
22-1588D
148,159
Office
State Award from Recreation and Conservation
Brain Abbott Fish Barrier Removal
21-1498
49,233
Office
Board
Sub -Total:
197,392
State Award from Department of Ecology
Water Quality Combined Financial
WQSWCAP-2325-
22,404
Assistance
POORPW-00057
Sub -Total:
22,404
State Award from Traffic Safety Commission
Emphasis Patrol
2025-HVE-5438-Region
13,455
9 Target Zero Task
Force
Sub -Total:
13,455
State Award from Department of Transportation
Safe Routes to School
LA -10834
689,815
State Award from Department of Transportation
Fed Bike Safety
LA -1 1015
176,895
Report based on unaudited annual report submissions as of 5/30/2026
Page: 1 of 2
State Agency Name Program Title Identification Number Total
Sub -Total: 866,710
State Award from Transportation Improvement Urban Arterial Program 8-2-153(003)-1 18,252
Board (TIB)
Sub -Total: 18,252
State Award from Department of Commerce Middle Housing 24-63336-132 25,000
State Award from Department of Commerce Public Works Board Pre -Construction PR24-96103-006 2,954
Program
Sub -Total: 27,954
Total State Grants Expended: 1,228,385
Report based on unaudited annual report submissions as of 5/30/2026 Page: 2 of 2
City of Port Orchard
Schedule of Expenditures of Federal Awards
For the Year Ended December 31, 2025
Expenditures
From Pass-
Passed through
Federal Agency
ALN
Other Award
Through From Direct
to
(Pass -Through Agency)
Federal Program
Number
Number
Awards Awards
Total Subrecipients Note
FEDERAL HIGHWAY
Highway Planning and
20.205
CDS-0166
334,035 -
334,035 -
ADMINISTRATION,
Construction
(013)
TRANSPORTATION,
DEPARTMENT OF (via WA State
Dept of Transportation)
FEDERAL HIGHWAY
Highway Planning and
20.205
HSIP-000S
2,000 -
2,000 -
ADMINISTRATION,
Construction
(721)
TRANSPORTATION,
DEPARTMENT OF (via WA State
Dept of Transportation)
Total ALN 20.205:
336,035 -
336,035 -
U.S. COAST GUARD,
Boating Safety Financial
97.012
n/a
19,077 -
19,077 -
HOMELAND SECURITY,
Assistance
DEPARTMENT OF (via WA State
Parks & Recreation Commission)
Total Federal
Awards Expended:
355,112 -
355,112 -
The accompanying notes are an integral part of this schedule.
CITY OF PORT ORCHARD
Notes to Schedule of Expenditures of Federal Awards
January 1, 2025 through December 31, 2025
NOTE 1. Basis of Accounting
This Schedule is prepared on the same cash basis of accounting as the City's financial statements
and in accordance with requirements contained in the Uniform Guidance.
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 award portion of the
program costs. Entire program costs, including the City's portion are more than shown. Such
expenditures are recognized following 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.
City of Port Orchard
Schedule 21 Questions 1-6 (unaudited)
For Fiscal Year Ended: 2025
Belong to a public entity risk pool Belong to a public entity risk pool
Report based on unaudited annual report submissions as of 5/30/2026
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 5/30/2026
City/Town