DEPARTMENT OF FINANCE
FINANCIAL REPORTING DIVISION Bond Issues
The May 31, 2021 Delinquent Special Taxes and Assessments report (Attachment 3) is related to certain bond issues and discloses the current year delinquencies for the West Camarillo Community Facilities District No. 1 (CFD #1) at 1.55%. No foreclosure proceedings are required to be initiated on any delinquent properties.
Other Post-Employment Benefits (OPEB) / Pension Rate Stabilization Plan (PRSP) Trust Balances for the accounts at May 31, 2021 were: OPEB $5.7m, and PRSP $6.9m, which reflects a 0.80% increase in the investment return for the month. The May monthly statement is attached (Attachment 4).
Finance Department – Monthly Activity Report Page 4 of 4 MISCELLANEOUS DEPARTMENT ACTIVITIES
Seminars/Events/Training attended or presented by Finance:
May 4 2021 Spring Legislative Briefing
May 12 How to Compete for RAISE 2021 Transportation Grants Webinar – Session II May 13 Ventura County Finance Director’s Virtual Meeting
May 13 Channel Counties Virtual Chapter Meeting – When and How to Use Short-Term Investments vs. Bank Accounts
May 19 Coronavirus State and Local Fiscal Recovery Funds: U.S. Department of the Treasury Guidance Webinar
May 19 FY 2021/22 Preliminary Budget Workshop May 25 Investment Committee Meeting
ATTACHMENTS
1. New Businesses Report – May 2021 2. Transient Occupancy Tax (TOT)
3. Delinquent Special Taxes and Assessments – May 2021
4. Public Agency Retirement Services (PARS) Monthly Statement – May 2021
CITY OF CAMARILLO - CITY MANAGER
NEW BUSINESS REPORT - MAY 2021 Attachment 1
BUSINESS NAME ADDRESS BUSINESS TYPE
PARKWAY BUSINESS SOLUTIONS 80 WOOD RD STE 302 ACCOUNTING - CPA - TAX SERVICE
PHUNG BUI @ EXPERT NAILS 5255 MISSION OAKS BLVD ADD- LOCATION/BUSINESS
RIDGELINE TACTICAL DBA CAMARILLO GUN STORE 1780 E VENTURA BLVD ADD- LOCATION/BUSINESS
ESPY LLC 843 LAUREL PARK CIR AUTO SALES
VENTURA HARLEY-DAVIDSON 1326 DEL NORTE RD AUTO SALES
CHARLES E ALLISON INSURANCE AND FINANCIAL SERVICES 2401 VENTURA BLVD BUILDING OWNER - COMMERCIAL
CAROUSEL MONTESSORI PRESCHOOL 4451 LAS POSAS RD CHILD OR ADULT DAY CARE OR HOMES
PACIFIC PRIDE MARKETING, LLC 2594 TEMPLE AVE CONSULTANT
RESOLUTION RADIOLOGY CONSULTING ASSOCIATES 1601 CARMEN DR STE 101 CONSULTANT
GENERAL DYNAMICS INFORMATION TECHNOLOGY, INC - GC 770 PASEO CAMARILLO 320F CONTRACTOR - GENERAL A/B & A/B/C
UNMASK BEAUTY 401 CARMEN DR #119 ESTHETICIAN - NO MASSAGE PERMIT
GUILLIOD SOLUTIONS 3254 MILLIGAN DR FINANCIAL SERVICES
CAMARILLO GROCERY OUTLET 2249 Las Posas RD FOOD STORE
EXPERT NAILS 5255 MISSION OAKS BLVD HAIR-NAIL SALON (NO MASSAGE)
PURA VIDA HANDYMAN 1203 FLYNN RD 210 HANDYMAN (NO STATE CONTR LIC)
SUPERIOR WELDING & PLUMBING 60 PASEO ESPLENDIDO HANDYMAN (NO STATE CONTR LIC)
ART OF CARE HOME HEALTH 601 E DAILY DR 204 HOME HEALTH SERVICES
ART OF CARE HOPICE 601 E DAILY DR 200 HOME HEALTH SERVICES
HOME HEALTH PHYSICAL THERAPIST ASSISTANT 3229 E LANDEN ST HOME HEALTH SERVICES
AASTA ASSISTED LIVING 903 CARMEN DR HOSPITAL - CONVALESCENT
THE BOSS OF NAILS 401 Carmen DR STE 123 MANICURIST - NO MASSAGE PERMIT
CHUNMEI ZHOU @ COZY MASSAGE 315 ARNEILL RD 111 MASSAGE - CERTIFIED THERAPIST
HAI ZOU @ LOTUS DAY SPA 2545 E VENTURA BLVD MASSAGE - CERTIFIED THERAPIST
CHOICE CHIROPRACTIC 4930 VERDUGO WAY MEDICAL
DR SARA WHATLEY HEALTH AND WELLNESS 2237 VENTURA BLVD MEDICAL
JUSTIN PANZARDI 1223 LUCERO CT MEDICAL
FIRST UP SPORTS 370 N LANTANA ST H013 MISCELLANEOUS BUSINESS - SERVICES
GENERAL DYNAMICS INFORMATION TECHNOLOGY, INC 770 PASEO CAMARILLO 320F MISCELLANEOUS BUSINESS - SERVICES
THE UPS STORE 5718 5021 VERDUGO WAY STE 105 MISCELLANEOUS BUSINESS - SERVICES
AV SPORTS DBA THE BODY ZONE 401 CARMEN DR STE 113 PERSONAL SERVICES
PET SUPPLIES PLUS CAMARILLO 379 CARMEN DR PET STORE
ABS PSYCHOLOGY SERVICES CALIFORNIA, P.C. 400 W VENTURA BLVD STE 230 PROFESSIONAL
BODACIOUS BEAUTY BAR 401 Carmen DR PROFESSIONAL
SANDRA MA 7030 PASEO ENCANTADA PROFESSIONAL
FEDEX OFFICE & PRINT SERVICES INC 300 CAMARILLO RANCH RD RENTAL - COMMERCIAL
BAYSIDE HOLDINGS LLC 671 EARL JOSEPH DR RENTAL - RESIDENTIAL
TOO GOOD 62 E DAILY DR RESTAURANT
CAMARILLO SMOKE & VAPE 2159 PICKWICK DR RETAIL
GENESIS DETAIL GARAGE AND CAR CARE SUPPLIES 371 MOBIL AVE 3 RETAIL
HOLLYCALIFORNIA 5244 LAUREL PARK DR RETAIL
LOFT OUTLET STORES #2918 500 W VENTURA BLVD STE 1510 RETAIL
REBECCA TAYLOR 910 CAMARILLO CENTER DR STE 818 RETAIL
SPRINT SPECTRUM LP 415 W VENTURA BLVD 400 RETAIL
BETTER BUSINESS BUREAU OF THE TRI-COUNTIES 4001 MISSION OAKS BLVD STE G TAX EXEMPT - NON-PROFIT
ALL TERRAIN CONCEPTS LLC 1221 AVENIDA ACASO UNIT E WAREHOUSING - STORAGE
NOVO RECYCLING LLC 300 S LEWIS RD UNT L WHOLESALE - DISTRIBUTORS
COUNT: 46 Prepared by: ACT
6/3/2021 Page 1
Attachment 2
MONTH FY 2017/18 Change fr
Prior Year FY 2018/19 Change fr
Prior Year FY 2019/20 Change fr
Prior Year FY 2020/21 Change fr Prior Year Fiscal Year TOT Avg Occupancy July $ 250,894 -8.12% $ 267,251 6.52% $ 282,591 5.74% $ 149,753 -47.01%
2010/11 $ 1,581,673 59.0% August 243,344 -3.96% 254,995 4.79% 278,685 9.29% 183,204 -34.26%
2011/12 1,702,362 64.8% September 195,989 -4.65% 210,997 7.66% 214,049 1.45% 184,863 -13.64%
2012/13 1,849,831 66.4% October 204,289 -0.87% 220,579 7.97% 245,444 11.27% 193,703 -21.08%
2013/14 2,034,121 71.3% November 167,938 -4.27% 221,693 32.01% 207,760 -6.28% 140,764 -32.25%
2014/15 2,266,171 75.0% December 173,539 7.54% 193,793 11.67% 180,988 -6.61% 122,629 -32.24%
2015/16 2,542,335 79.6% January 175,731 12.59% 171,251 -2.55% 188,679 10.18% 136,716 -27.54%
2016/17 2,418,113 77.0% February 175,597 11.37% 196,271 11.77% 201,293 2.56% 156,698 -22.15%
2017/18 2,510,027 79.2% March 210,634 7.30% 219,598 4.26% 131,113 -40.29% 187,467 42.98%
2018/19 2,655,564 78.8% April 230,162 19.85% 217,238 -5.62% 72,014 -66.85% 203,783 182.98%
2019/20 2,227,001 66.9% May 226,862 8.93% 224,990 -0.83% 88,478 -60.67% -100.00%
June 255,048 9.53% 256,908 0.73% 135,907 -47.10% -100.00%
FY TOTAL $ 2,510,027 3.80% $ 2,655,564 5.80% $ 2,227,001 -16.14% $ 1,659,580 -17.13%
CITY OF CAMARILLO Transient Occupancy Tax (TOT)
CURRENT BUDGET $ 1,928,480 HISTORICAL
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
90.0%
$0.5 $1.0 $1.5 $2.0 $2.5 $3.0
2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20
Millions
Historical Totals
TOT Avg Occupancy
Avg. Occupancy
Note, ARC or
P-Type Parcel # 2016/17 2017/18 2018/19 2019/20 2020/21 Total
152-0-243-065 - - - - 455.21 455.21
152-0-251-115 - - - - 455.21 455.21
152-0-262-065 - - - - 455.21 455.21
152-0-271-085 - - - - 910.42 910.42
152-0-290-305 - - - - 910.42 910.42
152-0-410-085 - - - - 449.79 449.79
157-0-170-265 - - - - 455.21 455.21
157-0-190-015 - - - - 910.42 910.42
157-0-202-055 - - - - 44.99 44.99
157-0-202-195 - - - - 44.99 44.99
157-0-205-225 - - - - 35.99 35.99
157-0-210-655 - - - - 89.98 89.98
157-0-240-125 - - - - 35.99 35.99
229-0-010-690 - - - - 2,513.82 2,513.82
-$ $ - $ - $ - $ 7,767.65 $ 7,767.65
2016/17 Tax Levy $ 576,205.64 Property Tax % Delinquent 0.00%
2017/18 Tax Levy $ 520,343.00
Property Tax % Delinquent 0.00%
2018/19 Tax Levy $ 451,277.76
Property Tax % Delinquent 0.00%
2019/20 Tax Levy $ 489,998.04
Property Tax % Delinquent 0.00%
2020/21 Tax Levy $ 500,775.44
Property Tax % Delinquent 1.55%
Note 1: The West Camarillo CFD #1 (Mello-Roos District) provides that the City will commence foreclosure proceedings by November 15th of each year, if the aggregate amount exceeds $5,000 on any single parcel, or if less than 95% of the aggregate tax levy is received. The Finance Department will continue to monitor CFD #1 delinquencies and will take appropriate collection action on all delinquencies.
Note 2: The total amount of tax to be levied is assessed bi-annually in December and April when tax payments are due.
Source: County of Ventura, Tax Collector's Office (prop-tax.countyofventura.org) P-Type Property Types. Residential "R", Commercial "C", or Industrial "I".
ARC The property is being reassessed. Amount is due when adj. bill is sent to property owner.
5 Yr Plan Property Owner has a County "5 Year Payment Plan" to pay delinquent amount due.
District will receive payment when full payment is received by the County. Currently, there are no property owners that have a payment plan with the County.
City of Camarillo
Delinquent Special Taxes and Assessments As of May 31, 2021
Total Delinquent Property Tax
Delinquent Tax Report for Activity Report
Attachment 3
CITY OF CAMARILLO
PARS Post-Employment Benefits Trust 5/1/2021 to 5/31/2021
Mark Uribe Director of Finance City of Camarillo 601 Carmen Drive Camarillo, CA 93010
Account Summary
Source 5/1/2021 Contributions Earnings Expenses Distributions Transfers 5/31/2021
OPEB 1001 $5,690,513.74 $0.00 $46,108.52 $2,461.21 $0.00 $0.00 $5,734,161.05
PENSION 1002 $6,811,193.12 $0.00 $53,973.85 $2,939.39 $0.00 $0.00 $6,862,227.58
Totals $12,501,706.86 $0.00 $100,082.37 $5,400.60 $0.00 $0.00 $12,596,388.63
Investment Selection
Source
OPEB PENSION
Investment Objective
Source
OPEB
PENSION
Investment Return
Source 1-Month 3-Months 1-Year 3-Years 5-Years 10-Years
OPEB 0.81% 4.52% 24.21% 10.98% 10.07% 7.78% 9/1/2009
PENSION 0.79% 4.49% 24.11% - - - 9/6/2018
Information as provided by US Bank, Trustee for PARS; Not FDIC Insured; No Bank Guarantee; May Lose Value
Headquarters - 4350 Von Karman Ave., Suite 100, Newport Beach, CA 92660 800.540.6369 Fax 949.250.1250 www.pars.org Account balances are inclusive of Trust Administration, Trustee and Investment Management fees
Annualized Return
Investment Return: Annualized rate of return is the return on an investment over a period other than one year multiplied or divided to give a comparable one-year return.
Past performance does not guarantee future results. Performance returns may not reflect the deduction of applicable fees, which could reduce returns. Information is deemed reliable but may be subject to change.
Individual account based on Moderate HighMark PLUS. The dual goals of the Moderate Strategy are growth of principal and income. It is expected that dividend and interest income will comprise a significant portion of total return, although growth through capital appreciation is equally important.
The portfolio will be allocated between equity and fixed income investments.
Account Report for the Period
Balance as of
City of Camarillo - OPEB
Balance as of
Individual account based on Moderate HighMark PLUS. The dual goals of the Moderate Strategy are growth of principal and income. It is expected that dividend and interest income will comprise a significant portion of total return, although growth through capital appreciation is equally important.
The portfolio will be allocated between equity and fixed income investments.
City of Camarillo - Pension
Plan's Inception Date
Attachment 4