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CITY OF SAN LEANDRO <br />NOTES TO BASIC FINANCIAL STATEMENTS <br />For The Year Ended June 30, 2016 <br /> <br /> <br />NOTE 10 – STEWARDSHIP, COMPLIANCE, AND ACCOUNTABILITY <br /> <br />A. Fund Deficits <br /> <br />At June 30, 2016, the following funds had fund balance deficit or net position deficit: <br /> <br />Shoreline Enterprise Fund 778,769$ <br />Parking Special Revenue Fund 114,507 <br />Special Grants Special Revenue Fund 1,207,663 <br />B. Expenditures in Excess of Appropriations <br /> <br />Excess of expenditures over appropriations approved by the City Council occurred in individual funds <br />during the fiscal year 2015-16 as follows: <br /> <br />Fund/Department Expenditure Appropriation Excess <br />General Fund <br />Engineering and Transportation 7,924,507$ 7,901,779$ (22,728)$ <br />Special Revenue Funds <br />Affordable Housing <br />Community Development 3,468 (3,468) <br />Cherrywood Maintenance District <br />Engineering and Transportation 193 (193) <br />Heron Bay <br />Interest and Fees 3,400 (3,400) <br />Special Grants <br />Public Safety 636,415 609,095 (27,320) <br />Business Improvement District <br />Community Development 594,999 346,920 (248,079) <br />NOTE 11 - INSURANCE <br /> <br />The City provides workers’ compensation benefits under self-insurance programs. Claims outstanding, <br />including claims incurred but not reported, are estimated and recorded as liabilities in the Self Insurance <br />Internal Service Fund. The City’s self-insured retention limit for workers’ compensation is $250,000 per <br />claim. The City is a member of the Local Agency Workers’ Compensation Excess Joint Powers <br />Authority (LAWCX). This coverage includes a limit of $45 million for excess workers compensation and <br />$4.75 million for employer’s liability. <br /> <br />The City is a member of California Joint Powers Risk Management Authority (CJPRMA), which <br />provides annual general liability coverage in an aggregate up to $40 million. The City is self-insured for <br />the first $500,000 in property and liability losses. The City has had no settlements which exceed <br />insurance coverage in the last five fiscal years. The City added Pollution and Environmental Liability, <br />effective July 1, 2013. <br /> <br /> <br />71