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City of San Leandro Civic Center, 835 E. 14th Street San Leandro, California 94577 www.sanleandro.org Francisco Bay. San Leandro offers its 91,000 residents the charm and character of a community that has been established for 150 years. Once an agricultural community, the City has been successful in attracting significant residential, industrial, manufactu ring, and retail development. City Structure The City functions under a council-manager form of government and is governed by a seven- member council elected by City residents. Municipal services include public safety, streets and roads, recreation and cultural services, library, health services, public infrastructure improvements, planning and zoning, and general administrative services. The scope of the City Council’s power and influence includes the following: • Authority to set policy and enact legislation that facilitates those policies, • Authority to establish and modify operating and capital budgets, • Power to appoint voting members to other governing authorities, • Power to appoint the City Manager and City Attorney, and • Authority to veto, modify, and overrule decisions previously enacted. Component Units The City’s blended component units include operations of the San Leandro Parking Authority and the San Leandro Public Financing Authority. As of June 30, 2024, there were no discrete reportable component units. The ACFR for the year ending June 30, 2024, provides a financial account of these units, organizational elements, and the City functions for which the City Council provides policy direction and general oversight. It presents financial information on the activities of the City itself and the component units of the City upon which the City Council is authorized to impose its will. The operating nature of the City’s component units determines how they are reported in the financial statements. The activities of component units that provide financial benefit or create financial burden for the City are blended within the City’s general financial statements. ECONOMIC CONDITION OF THE CITY The City has a diverse business community, which is comprised of varied businesses ranging from neighborhood coffee houses and fine restaurants, large food processing centers, regional shopping opportunities, to cutting edge technology. While the economic base has dramatically changed from its agricultural early years, San Leandro continues to expand on its sound business base with the ongoing development of such projects as a multi-family housing development, high- rise offices, and the continuing revitalization of downtown. While the Bay Area regional economy still lags behind the state and country, the economic outlook for San Leandro is expected to stabilize in the upcoming years. As mortgage rates have decreased, home prices have gone up slightly from the year before. San Leandro’s unemployment rate is 4.7%. This unemployment rate is slightly higher than it was one year ago but a significant improvement since the shutdown of economic activities during the pandemic. vi