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HomeMy WebLinkAbout _ 9B--Reports from Independent Auditors for the year ended June 30, 2023 � � �' � � � � � � ' � �' � � ' � ` CITY OF REDDING REPORT TO THE CITY COUNCIL MEETING DATE: January 16, 2024 FROM: Audit Committee„ Julie ITElVI NO. 9B Winter, Vice 1Vlayor, Tenessa Audette. Mavor ***APPROVED BY*** � r��� W� ,, � � ��� � a ��.�� �� � � �� ,.s ��� �����N � � � ��.� .� �� � �„�„,�� '��� , �����yc�r �2�'?9!�Q?� T �s�s�� ����Y"t�,Ni rc�s�' ,,,. 12k''�<7r'2(I2� ������., jwinter@cityofredding.org,taudette@cityofredding.org taudette@cityofredding.org SUBJECT: 9B--Consider Reports from Independent Auditors for the year ended June 30, 2023. Recommendation Approve the Audit Committee's recommendation to accept the Statement on Auditing Standards AU�-C 260 Letter and the draft copy of the Single Audit Reports for the year ended June 30, 2023. Fiscal Impact There is no fiscal impact associated with this item. Alternatzve Action The City Council (Council) could reject the Statiement on Auditing Standards AU-C 260 Letter and the draft copy of the Single Audit Reports for the year ended June 30, 2023, and provide additional direction to the Audit Committee and/or staff. Backg�ound/Analysis Attached is a copy of the AU-C 2b0 Letter to the Council and a draft copy of the Single Audit Reports for the year ended June 30, 2023. The Audit Committee met on January 4, 2024, to review and discuss the reports. The Audit Committee recommended that the AU-C 260 Letter and the draft of the Single Audit Reports be brought to the Council for acceptance. The AU-C 260 Letter is commonly known as the `The Auditor's Communication with those Charged with Governance' and provides the auditors the forum to share their perspective on accounting policies, estimates, and disclosures used in the preparation of the financial statements and whether there were any difficulties, disagreements, or other findings in performing the audit. The auditors found no problems or issues to convey. Report to Redding City Council January 12,2024 Re: 9B--Reports from Independent Auditors for the year ended June 30,2023 Page 2 The Single Audit Reports pertain to the compliance and internal control in the expenditure of federal awards and the collection and expenditure of passenger facility charges. No findings or questioned costs were noted in the reports. Environmental Review This is not a project defined under California Environmental Quality Act, and no further action is required. Council P�^iority/City MccnageN Goccls This is a routine operational item occurring on an annual basis. Attachments 2023 City of Redding Single Audit Report - FINAL Redding Governance Communication AU�-G260 Letter CITY OF REDDING SINGLE AUDIT REPORT, PASSENGER 5t,�{ FACI�ITY CHARGES PROGRAM, AND �����i� INDEPENDENT AUDITORS' REPORTS ���%4�'�� <}�3��,r1xty7t tj��tt"`t��r�f�li 11 t��§{�f rs ����s�{���{��y������ YEAR EN DED J U N E 30, 2023 �t�,��i;j���,�����r's����'��� t,�if�c,�lr�liltl p�'��s� A���i�i '���i�'� }� ,#}t�§ �'�i �it� ���t t�l�#;Y�s���l{}�ij������t{3 � " R�!(,z{�t�4h;47tttft�#i�3rt�������t3 �}irr}5�i�f# �{1y # S41rt4 rls�s #�} I�l�{��` l(�i�t}4{�t�� }�I�,�i7 tti'fl{�'��I1��21t�j�t`�"ik{}�����1)�jf(� i'��� ����� �������1� 1�j,�fi�1;'t�r� s a���t�s��A{����t4}���Jr�i;��������{���l�i}tl��;i ��r f�k��,�r�,i�y�r�i��t��,t��}{}��t }r fJ���tf���!�s y�s�tr f i���'jfi���1i�}�t��r#t�t"�3 �I�t�srS{�u�f�t{�'y�(tf�{la jt 44 rt�s�t� t��i i�/9(f�Sg}i t�£�J r€t���4}�,�'���'iN) ��� s tt t�ttt 4{i, t?+{�� a �#rs��f�l��tTyj��r����iitiit5�5i5 �st}� �a1t;�#it�tml�{t�isr�t�����i#���i}�`i��rss;ftlzt�t�� � {}�,�,1ikt')�f�l��ri�f{,{S�y�l���tt4rrs�iii������{'i(f��`s�`�i t4�sij}�}j{�f�Ntj 1t r�iPJy����454}i��7���r�rt#lt��1�,7r�i��f��lz� 9�57� �}}����z��t�t��i��{�j��i�tsi��t{�i{+if£{}�,�t�l it ut{rr ty {� E t )� i �S�# if#1 3Sti� rt3 rfr tt z}z t��t� ��s�i§���r�t}1�F��ti�It{`���,t����t��iz€#,�t�r � s,,�it � 2t) fl 4ta}rr � r�{�l�tts�it�4`��l�# r,t�r�t�ii�4i s z 1s}J jj� t�rR t ���� Fi a {}� l�i {t t i t s�S 7�`t�7�t�} ��U�zr{il�� x4��is��Fl�4�ri{l���tt�rS���t�({`�z�t�st��tifl?�ft1'�/t�t +t{��i f��+�xlYl� �1�71z��f't'�y�� ) ��r'I { ���t1�{j}{(t�£s ir{�t?}srtr�tl"�irf��I'{i{�r�ir�t t4f?(.�i��s �t{���t�f{��?�t�l�i�Sti#�jli���������ly��£�}�t�il�s�2J���{{��4i�'it j��4�47�'{��f�yT�i {tj�jt����a�y��tj�tly4 S�tlr�t}t`�}'�{���ti�ti��t�#i�i�`}�i�+t�����ixy i�#��Jks14t���E 24f � � �i�c'��i t��1 �t({}3 S33�} t�it77,�trjr}Lti}t{r ����rfF'��s�����;s�ri���l��t��,���i���'�fitKc�i»�i��r��l�ti����{+�ft�`�'li}�s�s'��`fji`r��'(;�4{s j`ijt�iSSt�{j��14�tf����4}f�l���;jii�st+��t,�f ii4�}1���Iy��3�2 t#11t�%S�t}�{i�i�s�j���i2f����{{t i �3�x1j41r���til�'}7t1�{7t��1 jt4�r��#�f tj�t���tt�r���t�,si}t��Jr���tt�rjSr{ti�t�t4��Ji�'�#��i�s�li4r�i i� Fs�Et�� F}t�l��t3t�� t(t2�4tt?i�Sr S� £{{ {1t42 7 � r�} !{�ili�i�t{����tSft�l�l��f�S�irt���!4�2it�Scrs�G��1R$('}jtr{�z{17�4I�i`j�l��}}t�i� ;iS�rsti�� t�} f k t;� k� � � S��}� ��� �� ?����}l Itt��}�t }jts{�tt��{3r�lj�}is}4Etf t(y{yt3i�?(�trt{�ii}�tt4/�1�n131�t�4. s�������s������t7('�'�;tt�f(���if��`f r(r s'Ixilft�it��y{f,7itJ7}�4s#��4}��}�����`�}�7�}�}is}S�l�s��j�y�ti� rtit?}�f�t��ti� 41� ��t�t�i�{��ntr�}�t�f�filft��xt��z(t y� t � t r Li i4� $t}�17(.+)n iJt t�s Sl t)t 3}�i�zilSjt�tf�l7�t �i�Jf} iyttilt;r{{�i��t�lt'�r(k�}t{yu}�i��j}�I�����y���ri<���ll�t) � �i�21ti�I��ty�t���t���S�t�s�������}}��l�t���ii��ij#���t�j1��£��Sj�t�i{��t�j���tt�tJ���}��}�s���£�r{SS{tt�ili��. � ��iz t� }� 7��,i t�{�f t�l�R`��1rt� ��jtt f}t����r�a{Ji����'3�~t j#r7 ��i�'�4�}��silrt�#,(�{4�7;�{�`�tktitS51`�t�{}��yili�s}$��t{�il��{3��1�������4i�}s�74��1��I{ti��flfift't��'s5t��{{ii r�s r� r7 t f t I�f rz ���i}i�ir�4�jJ��?5}j�i��t�y4�Is�tt�y���lt���{{2,�sir��t�Y{ij}�Ss st �{��t���{f�; 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JS.},<,z,z.S,.,(.u�<<�, , t}},�r.I..sfi�.flt�,7S.tsrh.rrf�,�h�ts���t�4t���i�afit�h�r�r����i4�t��r�kf�rn}�+s.Lt����;tU��7��t,iU�,�t�fiu{Jt4#�7,1.tarf�t�aultl���,s��s�tr�{t�,r��jti���}?.i��d�}tt+1�2��Ss.�,����,��f�,.�����t�,�»�1 CITY OF REDDING TABLE OF CONTENTS YEAR ENDED JUNE 30, 2023 SINGLE AUDIT: INDEPENDENT AUDITORS' REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIA� STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS 1 INDEPENDENT AUDITORS' REPORT ON COMPLIANCE FOR EACH MAJOR FEDERAL PROGRAM, REPORT ON INTERNAL CONTROL OVER COMPLIANCE, AND REPORT ON THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS REQUIRED BY THE UNIFORM GUIDANCE 3 SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 6 NOTES TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 9 SUMMARY SCHEDULE OF FINDINGS AND QUESTIONED COSTS 10 PASSENGER FACILITY CHARGES: INDEPENDENT AUDITORS' REPORT ON COMPLIANCE WITH REQUIREMENTS APP�ICAB�E TO THE PASSENGER FACILITY CHARGE PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE AND REPORT ON THE SCHEDULE OF PASSENGER FACILITY CHARGES 12 SCHEDULE OF PASSENGER FACILITY CHARGES CO��ECTED AND EXPENDED AND INTEREST COLLECTED 15 NOTES TO THE SCHEDULE OF PASSENGER FACILITY CHARGES COLLECTED AND EXPENDED AND INTEREST CO��ECTED 17 SCHEDULE OF FINDINGS AND QUESTIONED COSTS 18 CliftonLarsor�Allen LLP ClA�or�nect.com INDEPENDENT AUDITORS' REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENTAUD/T/NG STA/VDARDS Honorable Mayor and Members of City Council of the City of Redding Redding, California We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable ta financial audits contained in Governmertt Auditing Stan�ards issued by tl�e Comptroller General of the United States, the fir�ancial statements of the governmental activities, the business-type activities, each majar fund, and the aggregafie remair�ing fund information of the City of Redding (the City), as of and far the year ended June 30, 2023, and the related notes to the financial statements, which collectively camprise the City's basic financial staterrrents, and have issued our report thereon dated December 13, 2023. Report on lnternal Control Over Financial Reporting In planning and performing our audit of the financial statements, we considered City's internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we do not express an opinion on the effectiveness of the City's internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected, on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses or significant deficiencies may exist that were not identified. _ , � �.��' � �� � _ , . ,,> ���GCAalaba�.carrild�scla�mer. ��) Honorable Mayor and Members of City Council of the City of Redding Redding, California Report on Compliance and Other Mafters As part of obtaining reasonable assurance about whether the City's financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the financial statements. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control over financial reporting and the results of that testing and not to provide an opinion on the effectiveness of the entity's internal control and compliance. This communication is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity's internal control over financial reporting. Accordingly, this communication is not suitable for any other purpose. ' �`''1�-',�f ���� CliftonLarsonAllen L�P Roseville, California December 13, 2023 (2) CliftonLarsor�Allen LLP ClA�or�nect.com INDEPENDENT AUDITORS' REPORT ON COMPLIANCE FOR EACH MAJOR FEDERAL PROGRAM, REPORT ON INTERNAL CONTROL OVER COMPLIANCE, AND REPORT ON THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS REQUIRED BY THE UNIFORM GUIDANCE Honorable Mayor and Members of City Council of the City of Redding Redding, California Report on Compliance for Each Major Federal Program Opinion on Each Major Federai Program We have audited the City of Redding's (the City) compliance with the types of compliance requirements identified as subject to audit in the OMB Compliance Supplement that could have a direct and material effect on each of the City's major federal programs for the year ended June 30, 2023. The City's major federal programs are identified in the summary of auditor's results section of the accompanying schedule of findings and questioned costs. In our opinion, the City complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on each of its major federal programs for the year ended June 30, 2023. Management's Responsibility Management is responsible for compliance with federal statutes, regulations, and the terms and conditions of its federal awards applicable to its federal programs. Basis for Opinion on Each Major Federal Program We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America (GAAS); the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States; and the audit requirements of Title 2 U.S. Code of Federa/ Regu/afions Part 200, Uniform Administrative Requirements, Cost Princip/es, and Audit Requirements for Federal Awards (Uniform Guidance). Our responsibilities under those standards and the Uniform Guidance are further described in the Auditors' Responsibilities for the Audit of Compliance section of our report. We are required to be independent of the City and to meet our other ethical responsibilities, in accordance with relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on compliance for each major federal program. Our audit does not provide a legal determination of the City's compliance with the compliance requirements referred to above. Responsibilities of Management for Compliance Management is responsible for compliance with the requirements referred to above and for the design, implementation, and maintenance of effective internal control over compliance with the requirements of laws, statutes, regulations, rules, and provisions of contracts or grant agreements applicable to the City's federal programs. ,., ..���� ..,. ,�. ,, �. .�: ., � �, : �:,,:��.� ��.�� ��. �:...:; CLA�loba4.com disclaimer. (3) Honorable Mayor and Members of City Council of the City of Redding Redding, California Auditors'Responsibility for the Audit of Compliance Our objectives are to obtain reasonable assurance about whether material noncompliance with the compliance requirements referred to above occurred, whether due to fraud or error, and express an opinion on the City's compliance based on our audit. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS, Gavernment Auditing Standards, and the Uniform Guidance will always detect material noncompliance when it exists. The risk of not detecting material noncompliance resulting from fraud is higher than for that resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Noncompliance with the compliance requirements referred to above is considered material if there is a substantial likelihood that, individually or in the aggregate, it would influence the judgment made by a reasonable user of the report on compliance about the City's compliance with the requirements of each major federal program as a whole. In perForming an audit in accordance with GAAS, Government Auditing Standards, and the Uniform Guidance, we: • exercise professional judgment and maintain professional skepticism throughout the audit. • identify and assess the risks of material noncompliance, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding City of Redding's compliance with the compliance requirements referred to above and performing such other procedures as we considered necessary in the circumstances. • obtain an understanding of the City's internal control over compliance relevant to the audit in order to design audit procedures that are appropriate in the circumstances and to test and report on internal control over compliance in accordance with the Uniform Guidance, but not for the purpose of expressing an opinion on the effectiveness of the C�ty's internal control over compliance. Accordingly, no such opinion is expressed. We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and any significant deficiencies and material weaknesses in internal control over compliance that we identified during the audit. Report on Internal Control Over Compliance A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal program on a timely basis. A material weakness in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a federal program will not be prevented, or detected and corrected, on a timely basis. A significanf deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance. Our consideration of internal control over compliance was for the limited purpose described in the Auditors' Responsibilities for the Audit of Compliance section above and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies in internal control over compliance. Given these limitations, during our audit we did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses, as defined above. However, material weaknesses or significant deficiencies in internal control over compliance may exist that were not identified. (4) Honorable Mayor and Members of City Council of the City of Redding Redding, California Our audit was not designed for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, no such opinion is expressed. The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of the Uniform Guidance. Accordingly, this report is not suitable for any other purpose. Report on Schedule of Expenditures of Federal Awards Required by the Uniform Guidance We have audited the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City as of and for the year ended June 30, 2023, and the related notes to the financial statements, which collectively comprise the City's basic financial statements. We issued our report thereon dated December 13, 2023, which contained unmodified opinions on those financial statements. Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the basic financial statements. The accompanying schedule of expenditures of federal awards is presented for purposes of additional analysis as required by the Uniform Guidance and is not a required part of the basic financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. The information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the schedule of expenditures of federal awards is fairly stated in all material respects in relation to the basic financial statements as a whole. ���������� CliftonLarsonAllen L�P Roseville, California December 13, 2023 (5) CITY OF REDDING SCHEDULE OF EXPENDITURES OF FEDERA�AWARDS YEAR ENDED JUNE 30, 2023 Federal Assistance Grant Pederai Grantor/Pass-Through Grantor( Listing Identification Federal Passed Through Program or Cluster Title Number Number Expenditures to Subrecipients U.S.Department of Housing and Urban Development Direct Program: CDBG-Entitlement Grants Ciuster. Community Development Block Grant 14.215 B-19-MC 060-033 $ 19,754 $ 10,000 Community Development Block Grant 14218 B-20-MC 060-033 122,736 - Community Development Bbck Grant 14218 B-21-MC 060-033 430,4�7 110,276 COVID-19 Community Development Block Grant-CARES 14.218 B-20-MCW 060033 169,981 - Community Development Block Grant 14218 B-22-MC 060-033 274,387 44,550 Subtotal CDBG Entitlement Grants Cluster 1,017,335 164,826 Passed through State of California: Community Development Block Grant 14228 21-DRMHP-21008 $219,525 - Subtotal Assistance Listing Number 14.228 8,219,525 - Passed through Shasta County: Emergency Solutions Grant Program: Emergency Solutions Grant Program-CV 14.231 20-ESGCV1 27 - Emergency Solutions Grant Program-CV 14.231 20-ESGCV1 34,088 - Subtotal Assistance�isting Number 14.231 34,115 - HOME Investment Partnership 14.239 M18-MC060238 21,433 - HOME Investment Partnership 14.239 M19-MC060238 1Q230 - HOME Investment Partnership 14.239 M20-MC060238 80,612 - HOME Investment Partnership 14.239 M21-MC060238 276,971 - HOME Investment Partnership 14.239 M22-MC060238 338,329 - HOME Investment Partnership 14.239 M21-MP060238 764,665 - Subtotal Assistance Listing Number 14.239 1,492,240 - Housing Vouchers Cluster: Section 8 Housing Choice Vouchers 14.871 CA 106 12,445,363 - Emergency Housing Vouchers(EHV) 14.871 CA 106 546,875 - Subtotal Assistance Listing Number 14.871 12,992,238 - Mainstream Vouchers Cluster. Mainstream Vouchers 14.879 CA 106 542,320 - Subtotal Housing Vouchers Cluster 13,534,558 - Family Se�f-Sufficiency(FSS)Program: FSS Coordinator 14.896 FSS22CA4181 36,892 - FSS Coordinator 14.896 FSS23CA5065 24,923 - Subtotal Assistance Listing Number 14.896 61,815 - Total U.S.Department of Housing and Urban Development $ 24,359,588 $ 164,826 U.S.Department of Justice Direct Programs: COVID-19-Coronavirus Emergency Supplemental Funding Program 16.034 2020-VD-BX-0874 $ 21,472 $ - Bulletproof Vest Partnership Program 2022 16.607 19097427 11,973 - Edward Byrne Memorial Justice Assistance Grant 16.738 15PBJA-21-GG-01252-JAGX 10,268 - Edward Byrne Memorial Justice Assistance Grant 16.738 15PBJA-22-GG-02533-JAGX 1,891 - Subtotal Assistance�isting Number 16.738 12,159 - Asset Seizure Program 16.922 N/A 53,450 - Total U.S.Department of Justice $ 99,054 $ - U.S.Department of Transportation Direct Programs: Airport Improvement Progrem: Runway 16 Blast Pad Design/Taxi 20.106 03-06-0194-52 $ 3,372 $ - CRSSA 20.106 3-06-0194-055-2021 79,014 - CRSSA-Benton 20.106 3-06-0308-024-2021 2,100 - COVID-19 Airport Rescue Grant -American Rescue Plan Act(ARP) 20.106 3-06-0194-0584021 1,033,510 - Airport Layout Plan Drawing Set Update 20.106 3-06-0308-023-2021 38,880 - Runway Pavement Preservation/MAGVAR(Slurry Seal)Phase 1 20.106 3-06-0308-025-2021 1,309 - Airport Drainage Study 20.106 3-06-0308-026-2021 171,843 - Reconstruct Terminal/Airport Loop Access Road(Woodrum Circle) -Phase 2 20.106 3-06-0194-054-2021 42,411 - Terminai Loop Construction Phase 2 20.106 3-06-0194-060-2022 2,540,727 - Runway 16/34 MAGVAR Design Phase 2 20.106 3-06-0194-061-2022 551,000 - ARFF Foam Kit 20.106 3-06-0194-062-2023 32,568 - Airport Master Plan Update-Muni 20.106 3-06-0194-063-2022 316,828 - Terminai Loop Construction Phase 2 Add Alt 2 20.106 3-06-0194-065-2023 784,384 - Runway Pavement Preservation/MAGVAR(Slurry Seal)Construction 20.106 3-06-0308-028-2022 340,906 - Subtotal Assistance�isting Number 20.106 5,938,852 - See accompanying Notes to Schedule of Expenditures of Federa/Awards. (6) CITY OF REDDING SCHEDULE OF EXPENDITURES OF FEDERA�AWARDS YEAR ENDED JUNE 30, 2023 Federai Assistance Grant Federai Grantor/Pass-Through Grantor/ Listing Identification Federal Passed Through Program or Cluster Title Number Number Expenditures to Subrecipients U.S.Department of Transportation Passed through State Department of Transportation: Highway Planning and Construction Cluster: Keswick Dam Emergency Repair 20.205 HBRR 506832 $ 25,686 $ - FHBP study 5068-32 Sharon/ACID 20.205 HBRR 5068-34 48,662 - FHBP study 506834 Sacramento/Olney 20205 HBRR 5068-35 46,189 - FHBP study 5068-35 Eastside/Canyon 20205 HBRR 5068-36 405,745 - FHBP study 5068-36 Eastside Olney 20205 HBRR 5068-37 54,402 - FHBP study 5068-37 Canyon/ACID 20205 HBRR 506839 55,043 - FHBP study 5068-39 Girvan/Olney 20.205 HBRR 5068-45 183,892 - FHBP study 5068-45 Old Alturas/Chum Creek 20205 HSIP6-02-001 5068-51 155,734 - Shoulder widening on Old Oregon Trail for recovery area and bike lanes 20.205 HSIPL-506S(57) 7,612 - Churn Creek/Maraglia Safety Improvements 20.205 HSIPL-5068(62) 1,072,245 - Enhanced Pedestrian Crossings 20205 BPMP-5068(060) 7,446 - Bridge Preventative Maintenance 20205 RPSTPL-5068(061) 201,814 - Downtown to Turtle Bay Non-Motorized Improvements 20.205 STPLR-7500(254) 293,941 - Shasta Street Railroad Crossing Project 20205 STPLR-7500(225) 771,246 - Girvan Road Railroad Crossing Project 20205 HSIPL-5068(64) 214,208 - Passed through Shasta Regionaf TransporCaYion Agency: Bechelli-Loma Vista ATP 20.205 HSIPL-5068(59) 6,312,155 - Subtotal Highway Planning and Construction Cluster 9,856,020 - Direct Programs: Federal Transit C�uster: Federal Transit—Formula Grants 20.507 CA-90-Z278 103,058 - Federal Transit—Formula Grants 20.507 2021-109 399,638 - Federal Transit—Formula Grants 20.507 2022-109 2,106,776 - Subtotal Assistance Listing Number 20.507 2,609,472 - Bus and Bus Facilities Formula Program 20.526 2020-061 113,589 - Bus and Bus Facilities Formula Program 20.526 2021-107 51,381 - Subtotal Assistance Listing Number 20.526 164,970 - SubYoYal Federal Transit Clusfer 2,774,442 - Passed through California Office of Traffic Safety: Highway Safety Cluster: Selective Traffic Enforcement Program(STEP} 20.600 PT22061 4,818 - Selective Traffic Enforcement Program(STEP) 20.600 PT23150 28,173 - Subtotal Assistance Listing Number 20.600 32,991 - Minimum Penaities for Repeat Offenders for Driving While Intoxicated Program: Selective Traffic Enforcement Program{STEP) 20.608 PT22061 27,943 - Selective Traffic Enforcement Program(STEP) 20.608 PT23150 40,965 - Subtotal Assistance Listing Number 20.608 68,908 - Total U.S.Department of Transportation $ 18,671,213 $ - U.S.Department of Treasury Direct Programs: Coronavirus State&Local Fiscal Recovery Funds: COVID-19 Coronavirus State and�ocal Fiscal Recovery Funds 21 A27 N/A $ 2,445,329 $ - COVID-19 Coronavirus State and Local Fiscal Recovery Funds 21.027 N/A 639,973 - COVID-19 Coronavirus State and Local Fiscal Recovery Funds 21.027 N/A 111,124 - COVID-19 Coronavirus State and�ocal Fiscai Recovery Funds 21 D27 N/A 3,284 - COVID-19 Coronavirus State and Local Fiscal Recovery Funds 21 A27 N/A 8,023 - COVID-19 Coronavirus State and Local Fiscal Recovery Funds 2L027 N/A 666,830 - Subtotal Assistance Listing Number 21 A27-Direct 3,874,563 - Passed through Shasta County: COVID-19 Coronavirus State and�ocal Fiscal Recovery Funds 21 A27 AGR.CAO.COR.SS.2324.FEX 56,824 - Subtotal Assistance Listing Number 21.027 3,931,387 - Total U.S.Department of Treasury $ 3,931,387 $ - See accompanying Notes to Schedule of Expenditures of Federal Awards. ��) CITY OF REDDING SCHEDULE OF EXPENDITURES OF FEDERA�AWARDS YEAR ENDED JUNE 30, 2023 Federai Assistance Grant Federai Grantor/Pass-Through Grantor/ Listing Identification Federal Passed Through Program or Cluster Title Number Number Expenditures to Subrecipients U.S.Department of Homeland Security Passed through the California Natural Resources Agency- Division of Boating and Waterways: Boating Safety 97.011 N!A $ 31,005 $ - Boating Safety 97.011 C8966331 9,875 - Subtotal Direct Assistance Listing Number 97.011 40,880 - Direct Programs: Disaster Grants-Public Assistance 97.036 FEMA-4382-DR-Carr Fire 11,770 - Direct Programs: Disaster Grants-Public Assistance 97.039 HMGP 4382-143-27F 56,067 - Direct Programs: Disaster Grants-Public Assistance 97.044 EMW-2021-FG-05829 48,435 - Passed through the County of Shasta: Homeland Security Grant Program(HSGP) 97.067 AGR.PH.CityofRedding.HSG.FY20 55,988 - Homeland Security Grant Program(HSGP) 97.067 AGR.PH.CityofRedding.HSG.FY21 30,000 - Homeland Security Grant Program(HSGP) 97.067 HSG 2021-G9456 12,506 - Subtotai Assistance Listing Number 97.067 98,494 - flirect Programs: Staffing for Adequate Fire& Emergency Response 97.083 EMW-2021-FF-00741 83,608 - Total Department of Homeland Security 339,257 - Total Expenditures of Federal Awards $ 47,400,499 $ 164,826 See accompanying Notes to Schedule of Expenditures of Federal Awards. �$) CITY OF REDDING NOTES TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS JUNE 30, 2023 NOTE 1 REPORTING ENTITY The accompanying Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all federai award programs of the City of Redding (City). The City's reporting entity is defined in Note 1 to the City's basic financial statements. Federal awards received directly from federal agencies, as well as federal awards passed through other government agencies, are included in the schedule. The information in this Schedule is presented in accordance with the requirements of 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the City, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City. NOTE 2 BASIS OF ACCOUNTING The accompanying Schedule of Expenditures of Federal Awards is presented using the modified accrual basis of accounting and the accrual basis of accounting for program expenditures accounted for in governmental funds and proprietary funds, respectively, as described in Note 1 of the City's basic financial statements. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. NOTE 3 FEDERAL ASSISTANCE LISTING NUMBERS The program titles and federal assistance listing numbers were obtained from the federal or pass-through grantor. NOTE 4 INDIRECT COST RATE The City did not elect to use the 10% de minimis indirect cost rate as covered in 2 CFR §200.414. NOTE 5 PASS-THROUGH ENTITIES' IDENTIFYING NUMBER When federal awards were received from a pass-through entity, the Schedule of Expenditures of Federal Awards shows, if available, the identifying number assigned by the pass-through entity. When no identifying number is shown, the City determined that no identifying number is assigned for the program, or the City was unable to obtain an identifying number from the pass-through entity. �9) CITY OF REDDING SUMMARY SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2023 Section I —Summary of Auditors' Results Financial Statements 1. Type of auditors' report issued: Unmodified 2. Internal control over financial reporting: • Material weakness(es) identified? yes x no • Significant deficiency(ies) identified? yes x none reported 3. Noncompliance material to financial statements noted? yes x no Federal Awards 1. Internal control over major federal programs: • Material weakness(es) identified? yes x no • Significant deficiency(ies) identified? yes x none reported 2. Type of auditors' report issued on compliance for major federal programs: Unmodified 3. Any audit findings disclosed that are required to be reported in accordance with 2 CFR 200.516(a)? yes x no ldentification of Major Federal Programs Assistance Listing Number(s) Name of Federal Program or Cluster 14.228 Community Development Block Grant 14.239 HOME Investment Partnership 21.027 COVID-19 Coronavirus State and Local Fiscal Recovery Funds 20.507/20.526 Federal Transit Cluster Dollar threshold used to distinguish between Type A and Type B programs: $ 1,422,015 Auditee qualified as low-risk auditee? x yes no (10) CITY OF REDDING SUMMARY SCHEDU�E OF FINDINGS AND QUESTIONED COSTS (CONTINUED) YEAR ENDED JUNE 30, 2023 Section 11 — Financial Statement Findings Our audit did not disclose any matters required to be reported in accordance with Government Auditing Standards. Section 111 — Findings and Questioned Costs— Major Federal Programs Our audit did not disclose any matters required to be reported in accordance with 2 CFR 200.516(a). (11) CliftonLarsor�Allen LLP ClA�or�nect.com INDEPENDENT AUDITORS' REPORT ON COMPLIANCE WITH REQUIREMENTS APPLICAB�E TO THE PASSENGER FACILITY CHARGE PROGRAM AND ON INTERNAL CONTRO� OVER COMPLIANCE AND REPORT ON THE SCHEDULE OF PASSENGER FACILITY CHARGES Honorable Mayor and Members of City Council of the City of Redding Redding, California Report on Compliance for the Passenger Facility Charge Program Opinion on Compliance We have audited the City of Redding (the City) compliance with the types of compliance requirements identified as subject to audit in the Passenger Facility Charge Audit Guide for Public Agencies, issued by the Federal Aviation Administration (the Guide), for its passenger facility charge program for the year ended June 30, 2023. In our opinion, the City complied, in all material respects, with the compliance requirements referred to above that could have a direct and material effect on the Passenger Facility Charge Program for the year ended June 30, 2023. Basis for Opinion We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America (GAAS); the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States; and the Federal Aviation Administration. Our responsibilities under those standards and the Federal Aviation Administration are further described in the Auditor's Responsibilities for the Audit of Compliance section of our report. We are required to be independent of the City and to meet our other ethical responsibilities, in accordance with relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Our audit does not provide a legal determination of the City's compliance with the compliance requirements referred to above. Responsibilities of Management for Compliance Management is responsible for compliance with the requirements referred to above and for the design, implementation, and maintenance of effective internal control over compliance with the requirements of laws, statutes, regulations, rules, and provisions of contracts or grant agreements applicable to the City's government programs. _ �. , � � � , �t - , CL��Iobal.com disclaimer. (12) Honorable Mayor and Members of City Council of the City of Redding Redding, California Auditors'Responsibilities for the Audit of Compliance Our objectives are to obtain reasonable assurance about whether material noncompliance with the compliance requirements referred to above occurred, whether due to fraud or error, and express an opinion on the City's compliance based on our audit. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS, Government Auditing Standards, and the Federal Aviation Administration will always detect material noncompliance when it exists. The risk of not detecting material noncompliance resulting from fraud is higher than for that resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Noncompliance with the compliance requirements referred to above is considered material if there is a substantial likelihood that, individually or in the aggregate, it would influence the judgment made by a reasonable user of the report on compliance about the City's compliance with the requirements of the government program as a whole. In perForming an audit in accordance with GAAS, Government Auditing Standards, and the Federal Aviation Administration, we: • Exercise professional judgment and maintain professional skepticism throughout the audit. • Identify and assess the risks of material noncompliance, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the City's compliance with the compliance requirements referred to above and performing such other procedures as we considered necessary in the circumstances. • Obtain an understanding of the City's internal control over compliance relevant to the audit in order to design audit procedures that are appropriate in the circumstances and to test and report on internal control over compliance in accordance with the Federal Aviation Administration, but not for the purpose of expressing an opinion on the effectiveness of the City's internal control over compliance. Accordingly, no such opinion is expressed. We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and any significant deficiencies and material weaknesses in internal control over compliance that we identified during the audit. Reporf on lnternal Control Over Compliance A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance on a timely basis. A material weakness in internal control over compliance is a deficiency, or combination of deficiencies in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a compliance requirement will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance. (13} Honorable Mayor and Members of City Council of the City of Redding Redding, California Our consideration of internal control over compliance was for the limited purpose described in the Auditor's Responsibilities for the Audit of Compliance section above and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies in internal control over compliance. Given these limitations, during our audit we did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses, as defined above. However, material weaknesses or significant deficiencies in internal control over compliance may exist that were not identified. Our audit was not designed for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, no such opinion is expressed. The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of the Federal Aviation Administration. Accordingly, this report is not suitable for any other purpose. Report on Schedule of Passenger Facility Charges Collected and Expended and lnterest Collected We have audited the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City, as of and for the year end June 30, 2023, and the related notes to the financial statements, which collectively comprise the City's basic financial statements. We issued our report thereon dated December 13, 2023, which contained unmodified opinions on those financial statements. The accompanying Schedule af Passenger Fac�lity Charges Collected and Expended and Interest Collected is presented for purpases af additional analysis as specified in the Passenger Faci/ity Charge Audit Guide for Public Agencr'es, issued by the Federal Aviatian Admin�stration, and is nat a required p�rt of the basic financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. The information has been subjected to the auditing procedures applied in the audit of the basic financial statements, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the Schedule af Passenger Facility Charges Callected and Expended and Interest Callected is fairly stated, in all material respects, in relation to the basic financial statements as a whole. �`�'-'�C :�.'�'�..� CliftonLarsonAllen LLP Roseville, California December 13, 2023 (14) CITY OF REDDING SCHEDULE OF PASSENGER FACI�ITY CHARGES COLLECTED AND EXPENDED AND INTEREST CO��ECTED YEAR ENDED JUNE 30, 2023 For the Quarter Ended Cumulative Total September 30, December 31, June 30,2022 2022 2022 Unexpended(over expended)passenger facility $ 126,445 $ 235,050 $ 306,082 charges and interest,beginning of period Amount Revenues: Approved Passenger facility charges collected 4,544,295 69,485 102,828 Interest earned 19,779 1,547 1,626 Total passengerfacility charge revenue $ 4,912,043 4,564,074 71,032 104,454 Expenses: Amount Proiect Number/Proiect Name Approved Compieted and Ciosed Appiications $ 2,766,535 2,766,535 - - Open Projects Application 11-04-C-01-RDD 001-Storage Building for FAR Part 139 Equipment 14,791 14,791 - - 002-Update Airport�ayout Plan(ALP) 1,500 1,500 - - 003-Prepare Airport Electricai Master Plan 1,500 1,500 - - 004-Acquire Aircraft Rescue Fire Fighting(ARFF)Equipment 1,992 1,992 - - 005-Renabilitate Airfield Guidance Signs 16,588 16,588 - - 006-Rehabilitate Runway 13/34-Design Only 3,250 3,250 - - 007-Renabilitate Paraliel and Connecting Taxiways-Design Only 2,302 2,302 - - 008-Rehabilitate Terminal Building 60,346 60,346 - - 009-Conduct Wildlife Hazard Assessment 4,510 4,510 - - 010-Terminal Building Expansion -Design Only 12,498 12,498 - - 011-PFC Administration Costs 35,000 35,000 - - 017-Rehabilitate and Expand Terminal Building 519,645 519,645 - - Application 17-05-C-00-RDD 001-Aircraft Rescue and Fire Fighting Vehicle Acquisition 68,676 68,676 - - 002-Airport Master Plan Update 44,832 44,800 - - 003-ADA Passenger Loading Ramp 4,984 4,984 - - 004-Airport Pavement Management System Study 4,735 4,735 - - 005-T-Hangar Taxilane Reconstruction 458,672 394,850 - - 006-West Tie Down Apron Reconstruction 323,278 313,730 - - 007-Airccraft Rescue and Fire Fighting Station Modifications 1,735 1,735 - - 009-Environmental Assessment Parailel Runway 32,690 187 - - 013-PFC Application/Administration Costs 150,000 54,870 - - Application 23-O6-C-00-RDD 001-PFC Audit 61,141 - - - 002-Guidance Sign Installation&Misc NAVAID 30,811 - - - 003-Terminal Loop Design 53,633 - - - 004-AAAE-IET Training Program 42,000 - - - 005-Update Airport Master Plan Study 103,927 - - - 006-Master Drainage Study 52,001 - - - Total passenger facility charge revenue expenditures 4,329,024 - - Unexpended(over expended)passenger facility charges and interest,end of period $ 235,050 $ 306,082 $ 410,536 (Continued) (15) CITY OF REDDING SCHEDULE OF PASSENGER FACI�ITY CHARGES COLLECTED AND EXPENDED AND INTEREST CO��ECTED YEAR ENDED JUNE 30, 2023 Forthe Year For the Quarter Ended Ended March 31, June 30, June 30, Cumulative Total 2023 2023 2023 June 30,2023 Unexpended(over expended)passenger facility $ 41 Q536 $ 247,576 $ 235,050 ' $ - charges and interest,beginning of period Revenues� Passenger facility charges collected 73,530 80,815 326,658 4,870,953 Interest earned 1,166 1,668 6,007 25,786 Total passenger facility charge revenue 74,696 82,483 332,665 4,896,739 Expenses: Proiect Number/Proiect Name Completed and Ciosed Appiications - - - 2,766,535 Open Projects Appiication 11-04-C-01-RDD 001-Storage Building for FAR Part 139 Equipment - - - 14,791 002-Update Airport Layout Plan(ALP) - - - 1,500 003-Prepare Airport Electrical Master Plan - - - 1,500 004-Acquire Aircraft Rescue Fire Fighting(ARFF)Equipment - - - 1,992 005-Renabilitate Airfield Guidance Signs - - - 16,588 006-Rehabilitate Runway 13/34-Design Only - - - 3,250 007-Rehabilitate Parallel and Connecting Taxiways-Design Only - - - 2,302 008-Rehabilitate Terminal Building - - - 60,346 009-Conduct Wildlife Hazard Assessment - - - 4,510 010-Terminal Building Expansion -Design Oniy - - - 12,498 011-PFC Administration Costs - - - 35,000 017-Rehabiiitate and Expand Terminai Building - - - 519,645 Application 17-05-C-00-RDD 001-Aircraft Rescue and Fire Fighting Vehicle Acquisition - - - 68,676 002-Airport Master Plan Update - - - 44,800 003-ADA Passenger Loading Ramp - - - 4,984 004-Airport Pavement Management System Study - - - 4,735 005-T-Hangar Taxilane Reconstruction - - - 394,850 006-West Tie Down Apron Reconstruction - - - 313,730 007-Airccraft Rescue and Fire Fighting Station Modifications - - - 1,735 009-Environmental Assessment Paraliei Runway - - - 187 013-PFC Application/Administration Costs - - - 54,870 Application 23-06-C-00-RDD 001-PFC Audit 61,141 - 61,141 61,141 002-Guidance Sign Installation&Misc NAVAID 30,811 - 30,811 30,811 003-Terminal Loop Design 67,660 - 67,660 67,660 004-AAAE-IET Training Program 27,750 - 27,750 27,750 005-Update Airport Master Plan Study 29,525 3,115 32,640 32,640 006-Master Drainage Study 20,769 389 21,158 21,158 Total passenger facility charge revenue expenditures 237,656 3,504 241,160 4,570,184 Unexpended(over expended)passenger facility charges and interest,end of period $ 247,576 $ 326,555 $ 326,555 $ 326,555 (Concfuded) (16) CITY OF REDDING NOTES TO THE SCHEDU�E OF PASSENGER FACI�ITY CHARGES COL�ECTED AND EXPENDED AND INTEREST COL�ECTED YEAR ENDED JUNE 30, 2023 NOTE 1 REPORTING ENTITY The accompanying Schedule of Facility Charges Collected and Expended and Interest Collected inciudes all the Passenger Facility Charges (PFC) and the interest earnings thereon collected by the City from July 1, 2022 through June 30, 2023. The City currently collects $4.50 per enplaned passenger. The current approval for the charges as approved by the Federal Aviation Administration (FAA) is expected to end on February 1, 2025. NOTE 2 BASIS OF ACCOUNTING The Schedule of Facility Charges Collected and Expended and Interest Collected was prepared on the accrual basis of accounting. PFCs are recorded as revenue when earned and expenditures for debt service and approved capital projects are recorded as expenditures are made. Expenditures are made in accordance with an approved FAA application. (17} CITY OF REDDING PASSENGER FACI�ITY CHARGE PROGRAM SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2023 Section I —Summary of Auditors' Results A. Current Year Findings and Questioned Costs — Passenger Facility Charge Program No findings or questioned costs were noted on the City's compliance with requirements of the passenger facility charge program for the year ended June 30, 2023. B. Prior Year Findings and Questioned Costs— Passenger Facility Charge Program No findings or questioned costs were noted on the City's compliance with requirements of the passenger facility charge program for the year ended June 30, 2022. (18} �E.A tCtif�c�n#���sc�nAE[er��S�F�)is a netwr�rk mer�ber of�LA�t�bat.See�Li�gEc�b�l.ec��nldisc[aimer. � � ln�estmer����i�is�ry s�rvice�a��aff�r�c(thrar�gh�[if�vnLarsar�A[ler�1�Sle�lth Advisc�rs.f��C<an rra����r���rar S�C���gist�r�d in�e�finent ad�isc�r, tv�rwc��sc n�et�e�� : CliftonLarsonAllen�tP CLAcmrsrsect.com To the Honorable Mayor and Members of the City Council of the City of Redding Redding, California We have audited the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of City of Redding as of and for the year ended June 30, 2023, and have issued our report thereon dated December 13, 2023.We have previously communicated to you information about our responsibilities under auditing standards generally accepted in the United States of America, Government Auditing Standards, and Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), as well as certain information related to the planned scope and timing of our audit in our statement of work dated October 12, 2022. Professional standards also require that we communicate to you the following information related to our audit. Significant audit findings or issues Qualitative aspects of accounting practices Accountinq policies Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by City of Redding are described in Note 1 to the financial statements. As described in Note 1, the City changed accounting policies related to subscription-based information technology arrangements (SBITA) by adopting Statement of Governmental Accounting Standards Board (GASB Statement) No. 96, Subscription-based Information Technology Arrangements, in 2023. Accordingly, the accounting change has been applied to the beginning of the period of adoption. We noted no transactions entered into by the entity during the year for which there is a lack of authoritative guidance or consensus. All significant transactions have been recognized in the financial statements in the proper period. Accountinq estimates Accounting estimates are an integral part of the financial statements prepared by management and are based on management's knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. The most sensitive estimates affecting the financial statements were: • Management's estimate of the claims liabilities is based on actuarial valuation reports and listings of open claims obtained from specialists. • Management's estimate of the net other post-employment benefits (OPEB) liability and related deferred inflows/outflows of resources is based on actuarial valuation reports obtained from specialists. • Management's estimate of the net pension liability and related deferred inflows/outflows of resources is based on actuarial valuation reports obtained from specialists. �-:CLAalobal.comldisclaimer. To the Honorable Mayor and Members of the City Council of the City of Redding Page 2 • Management's estimate of the liability for the landfill closure/postclosure care costs is based on yearly estimates prepared by the City and reviewed by the California Department of Resources Recycling and Recovery agency. Financial statement disclosures Certain financial statement disclosures are particularly sensitive because of their significance to financial statement users. There were no particularly sensitive financial statement disclosures. The financial statement disclosures are neutral, consistent, and clear. Significant unusual fransacfions We identified no significant unusual transactions. Difficulties encountered in performing the audit We encountered no significant difficulties in dealing with management in performing and completing our audit. Uncorrected misstatements Professional standards require us to accumulate all misstatements identified during the audit, other than those that are clearly trivial, and communicate them to the appropriate level of management. Management did not identify and we did not notify them of any uncorrected financial statement misstatements. Corrected misstatements Management did not identify and we did not notify them of any financial statement misstatements detected as a result of audit procedures. Disagreements with management For purposes of this communication, a disagreement with management is a disagreement on a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditors' report. No such disagreements arose during our audit. Management representafions We have requested certain representations from management that are included in the management representation letter dated December 13, 2023. Management consultations with other independent accountants In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to obtaining a"second opinion"on certain situations. If a consultation involves application of an accounting principle to the entity's financial statements or a determination of the type of auditors' opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consultations with other accountants. To the Honorable Mayor and Members of the City Council of the City of Redding Page 3 Required supplementary information With respect to the required supplementary information (RSI)accompanying the financial statements, we made certain inquiries of management about the methods of preparing the RSI, including whether the RSI has been measured and presented in accordance with prescribed guidelines, whether the methods of ineasurement and preparation have been changed from the prior period and the reasons for any such changes, and whether there were any significant assumptions or interpretations underlying the measurement or presentation of the RSI. We compared the RSI for consistency with management's responses to the foregoing inquiries, the basic financial statements, and other knowledge obtained during the audit of the basic financial statements. Because these limited procedures do not provide sufficient evidence, we did not express an opinion or provide any assurance on the RSI. Supplementary information in relation to the financial statements as a whole With respect to the schedule of expenditures of federal awards (SEFA) accompanying the financial statements, on which we were engaged to report in relation to the financial statements as a whole, we made certain inquiries of management and evaluated the form, content, and methods of preparing the SEFA to determine that the SEFA complies with the requirements of the Uniform Guidance, the method of preparing it has not changed from the prior period or the reasons for such changes, and the SEFA is appropriate and complete in relation to our audit of the financial statements.We compared and reconciled the SEFA to the underlying accounting records used to prepare the financial statements or to the financial statements themselves. We have issued our report thereon dated December 13, 2023. With respect to the Combining and Individual Non-major Fund Financial Statements and Budgetary Comparison Schedules and the Schedule of Passenger Facility Charges Collected and Expended and Interest Collected (collectively, the supplementary information) accompanying the financial statements, on which we were engaged to report in relation to the financial statements as a whole, we made certain inquiries of management and evaluated the form, content, and methods of preparing the information to determine that the information complies with accounting principles generally accepted in the United States of America, the method of preparing it has not changed from the prior period or the reasons for such changes, and the information is appropriate and complete in relation to our audit of the financial statements. We compared and reconciled the supplementary information to the underlying accounting records used to prepare the financial statements or to the financial statements themselves. We have issued our report thereon dated December 13, 2023. Other information included in annual reports Other information (financial or nonfinancial information other than the financial statements and our auditors' report thereon) is being included in your annual report and is comprised of the Introductory and Statistical Sections and the Supplementary Historical Information. Our responsibility for other information included in your annual report does not extend beyond the financial information identified in our opinion on the financial statements. We have no responsibility for determining whether such other information is properly stated and do not have an obligation to perform any procedures to corroborate other information contained in your annual report. We are required by professional standards to read the other information included in your annual report and consider whether a material inconsistency exists between the other information and the financial statements because the credibility of the financial statements and our auditors' report thereon may be undermined by material inconsistencies between the audited financial statements and other information. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report. Our auditors' report on the financial statements includes a separate section, "Other Information,"which states To the Honorable Mayor and Members of the City Council of the City of Redding Page 4 we do not express an opinion or any form of assurance on the other information included in the annual report. We did not identify any material inconsistencies between the other information and the audited financial statements. * * * This communication is intended solely for the information and use of the Honorable Mayor, members, and management of the City of Redding and is not intended to be, and should not be, used by anyone other than these specified parties. ������� CliftonLarsonAllen LLP Roseville, California December 13, 2023 \\\ .:,a.w \©\/ � / ( (/\\( ! %' 9 7 + «- » \ ri { .. . . / \ ado nt is -V \\\ 0 A.nnua.1 Compreh.... 1 F.i ,Oft ww" om% &AM& ~ AF I bccl 3U oolk mo%' F*l I YeClar Jug--t 2U23 A A YA, 2u 3anudi'L 161 �2 ouncil F financial Rena 11 allocates Kevenues to create Expenditure pla Modified through Council Action rear ena nnanciai statements Follows GAAP & GASB reporting requiremer Provides accountability & reoortina consiste DmE)ren nsive rinancial Kenc Su ma ry of Aud it & ACFR - "Unmodified Opinionjfrom Clifton LarsonAllen, CLA Government Finance Officers Association awarded the City of Redding it's 39th consecutive Certificate of Achievement for Excellence in Financial Reporting for the Annual Comprehensive Financial Report for year ending June 30, 2022. iiciirio na duditor's �o material �o significa �o un i accounting pr-H Vo disanreeme sings aiscavere efficiencies or r sues �in(es consistei nos or de Drmaric nose cnargea wii:n governance Material weaknesses in internal fitly applied Ea.1 ores GASB Requirem nt4, &&Of& GASB 9:6 Subscript*ion Based Information Technolonv Z1.11 Arrangements (SBITA) Hit:e men W d mow S f- N t,P uove-rntatement o: e os tion 202.3 Business - Governmental Type :> Total Assets ...,..,590.8 M S 805.1 M sws Deferred Outflows 67 of Resources: 75.4 5511 ini. ppy Z;4 57283" Total Liabilities 352.0 338,8 11,61 HIM A iig "'M Deferred inflows of ll M . . ....... Resources.* 7.8 11.5 "M M Ed IN R "MA M `24 x. JI M KIM Net Position:saeI-Mn 01 AN I'M s '#h Siso zz, MM Net Investment in Capital Assets 33M 392.9 q 19 3 MR, Restricted 123.7 8.9 Unrestricted f152.81 108.0 I-S, (24, D 10. 0 Total AsSeT15 d 0, Itt I c,� 5 Totc7l Net Posltlon n-1019- w2-1020 2.0221 W20,2.2 2 02. 3' A GUV r I I it ,e n &nt A A I IL N vv i e S a t t-emen t o AC 1VI"" ies f t t Business - Governmental Type . . . ...... Total - - ---------- ........ .... . ...... .,--Activities---. --Activities ---2023, . ..... ..... Expenses $ (150.5) M $(283.5) M (434.0) M $(360.8) M Program Revenues Charges for Services 21.6 290.9 312.5 270,0 Operating Grants and Contributions 62.6 8.0 70.6 37.6 Capital Grants and Contributions 23.5 14.0 ......... . I . ...... . ........ 37.5 23.9 Total Program Revenues 107.7 312.9 420..6 331-5 General Revenues Transfers Change in net P "tioli osi 7.8s_�N� ,..._ r_.. �,.�, .._. _ 35.0 M 24.0 M 59.0 m 5 34.1. M 0 21PLIY2 10 210- 2 -Chang:-. in --E Pos, 6- D.. 0 40.0 All 1 5 -4 IN 5 NS Fu IN t'i c f e ncvia sR f pc t e d R es -3 u rc a s 20" 19 2Q, 2 -9 21 0 2 1, 0" 2 20 4".r A�I�-' -1 -O' �-q w r t- A .' F _ r I � . 94It ,1"r L '3 A C, LL ei E xp �An d i tu r e 5 T? 'a tip r 5 Pror-A-edt fro:n, -h0,tqlp---Term D -h ol 11 .......... 7. NOW wmmm &a OW& KAIftL U Ar AOWA%L RAW& U A*V% S F IML 'AF Rf, r S& Expt�f dit-Ur 4 1 4 'I " 2 0 2-03 'Gr Grzn ra, v A- r nn r=, t iet -1f�T�.tir 024 2075 2:0 20 C� `.e 21a22 P j I f Rec-I-eation -and OXtjre- OT SC n r-, a U, 0 ?ir-r Ta xes i. .fie �-4�i+xl Ce, es Ta x 1 Da Ttted lines represent budgeted information K.ey F-inancial Trend &In icato,rs F��DDING C A L ! r a ft N I ::Gene.ral Fund Unassirined Ij Fund B.a:lanc 2023 2022 2021 2020 201 Unassigned Fund Balance $14.8 M $15.2 M $13.0 M $17.0 M $16.3 M Annual Expenditures 113.8 M - 106.8 M 87.4 M 82.9 M 94.5 M Ratio 12.97% 14.27% 14.88% 20.47% 1730% 2023 2022 2021 2020 2019 Net Cost of Services 42.9 51.8 32.4 64.3 60.9 Tax Revenues 68.5 69.3 65.4 56.7 56.4 74.58% 49.53% 113.40% 108.05% lama.. & 0. th r P nsion Liab. i.litl s os emp O.y nt Bennfit (OPEB ga 11, N g a MI'M % 7111- �op Ca[PERS Safety PARS OPES a 2019 x 20,20 �2021 2022 2023 t �e P iability B d et City of Redding G*neral Fund Ton Year Plan fin thourmand,4 ExpenAiture`6 Fiscal Year Endina 2024 9-2025 F'Lwal Year U.ndt-d A Lit Opt e- d A (h) pt ed 3 ;.1�4 Z.4 -a-ifvvu CAL Pi--v v -m , -n I A Ii 1.-, 41 P0 fir r 4, 1 3 F five -S Sit h t a f al I-W S1 I h (vo rt-i I t 7j il .T ;f Pit rA,-s %, kvc n! fj rit-i n pit,-10 iz:JG. I Sit hicirol DCLIOM121114.-Ilf SU b t 4rj r a I -I ti" 4., 4 9 i,*') Grneral 4"T'ove m ment Jk- Other dr.Y pvT ZI ,'I n'; J, 4 7, 'TJ Ca Ora 14 �Iztra-, ;,,rVeit jk!I0,t, .4 4.4 .3 "L 6..t .6 54i, f a°s 1 1j, Add City of Redding General Fund Ten Year Plan (in thousands) Expenditures Firical Year Endina 2024 & 2025 - VI -%ca I 'A',va r 1'. n dt-d -12 :43 t P.3 A :44 3" $'A t `A Pa r. i t, n I of f I NN lice nv'; 14 4 f < 4.4 AV` 4 i. 4 14 ir r.a C `I tmt :,-I ut I :)-v Pr�. j Sith ttim I A Pa k cc rr is r iirt it f 4 4 i t Stsh (fir"I 4. A De t p v lf-j pm e r i I S v ry ir e-w. F�,, T-xrf) n�v :2 R Suh if) rai t I^, 1'ritt-rol Go viv, mi ivicri t Jk 0 t he r i%.- r -., �,x. n," 1 v. p;l T- a t i n:.^ 8,i .1Z i A Z 15 Suh f(Alat t �t, .4 j 6 t4wl k4i I 1,tl Sa:v i (I 2! :z- i I T C I I xz S I i'd i I ii r 1 2t sai.'1,t y t walt aafety Plan 3.w/o Decrease mm 33.1 467v7 Cuswrent Discount Rate (7%) - --- - i 22.9 ........... 14.4