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Water Pollution Control Plant Enterprise Fund The Water Pollution Control Plant Enterprise Fund was established to account for the City’s sewer system, which protects public health and preserves water quality through collection, treatment, and disposal of wastewater and wastewater solids. As of June 30, 2021, the Fund’s net position totaled $60.1 million, an increase of $5.5 million primarily due to the increase in operating revenues and decrease in operating expenses. Shoreline Enterprise Fund The Shoreline Enterprise Fund was established in 2002-03 by combining the Marina Enterprise and the Golf Course Enterprise Funds. The Fund accounts for the operation of recreational boat berthing, food service facilities, and the public golf course. As of June 30, 2021, the Fund’s net position totaled $5.0 million, an increase of $1.8 million or 56.8%. Net position for the prior year was $3.2 million. Non-major Enterprise Funds The City’s non-major enterprise funds include Storm Water and Environmental Services. As of June 30, 2021, net position for non-major enterprise funds decreased by 33.5%, or $0.2 million, due to decrease in the Storm Water Fund of $0.5 million and an increase of $0.1 million in the Environment Services Fund. More information about these aggregate non-major enterprise funds can be found in the combining statements following the required supplementary information. GENERAL FUND BUDGETARY HIGHLIGHTS The General Fund ended the fiscal year with revenues above final budget projections by 7.3% or $8.6 million. The increase was largely due to improved sales tax and real property transfer tax revenues. Contrary to the conservative budget projections based on the COVID-19, these revenues reached historically favorable levels. Expenditures were 6.4% or $7.4 million below final budget projections. A portion of the unspent budget balance represents open purchase orders and deferred purchases that will incur in future fiscal years. As shelter-in-place orders were extended, City programs and activities remained closed, and some programs were deferred. 14275