CITY OF PALM DESERT SCHEDULES OF FUNDING PROGRESS. For the year ended June 30, CalPERS DEFINED BENEFIT PLAN

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1 Schedule 1 SCHEDULES OF FUNDING PROGRESS For the year ended June 30, 2009 CalPERS DEFINED BENEFIT PLAN Note 9e Entry Age Normal Accrued Actuarial Value Unfunded UAAL as a Actuarial Liability of Assets AAL Funded Covered % of Covered Valuation (AAL) (AVA) (UAAL) Ratio Payroll Payroll Date (a) (b) (a) - (b) (b)/(a) (c) [(a)-(b)]/(c) 06/30/06 $ 52,739,452 $ 40,523,105 $ 12,216, % $ 11,845, % 06/30/07 61,535,809 46,180,367 15,355, % 13,263, % 06/30/08 67,979,926 51,813,257 16,166, % 14,608, % Note 13d OTHER POST-EMPLOYMENT BENEFIT PLAN Actuarial Accrued Actuarial Value Unfunded UAAL as a Actuarial Liability of Assets AAL Funded Covered % of Covered Valuation (AAL) (AVA) (UAAL) Ratio Payroll Payroll Date (a) (b) (a) - (b) (b)/(a) (c) [(a)-(b)]/(c) 07/01/07 $ 6,481,631 $ - $ 6,481, % $ 13,800, % 07/01/09 8,230,029 6,916,360 1,313, % 12,449, % See independent auditors' report and notes to basic financial statements

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3 Schedule 2 BUDGETARY COMPARISON SCHEDULE GENERAL FUND For the year ended June 30, 2009 Variance with Final Budget Budgeted Amounts Actual Positive Original Final Amounts (Negative) Fund balance, July 1 $ 79,819,288 $ 79,819,288 $ 79,819,288 $ - Resources (inflows): Taxes 42,150,000 39,650,000 35,693,331 (3,956,669) Licenses and permits 1,045,000 1,045,000 1,076,708 31,708 Intergovernmental revenues 2,891,500 3,230,500 3,497, ,568 Charges of services 1,165,000 1,165, ,218 (361,782) Fines and forfeitures 110, , ,491 20,491 Investment earnings 4,130,000 1,530,000 2,142, ,915 Miscellaneous 690, , , ,404 Transfers from other funds 1,250,000 2,900,000 2,684,568 (215,432) Total resources 53,431,500 50,320,500 46,840,703 (3,479,797) Charges to appropriations (outflows): Current: General government 16,945,154 17,030,812 16,343, ,303 Public safety 19,034,143 18,534,842 18,349, ,794 Public works 10,242,557 10,200,271 8,571,514 1,628,757 Parks, recreation and culture 6,388,852 5,424,847 5,122, ,947 Capital outlay - 309, ,350 - Transfers to other funds 620,000 3,614,035 3,612,998 1,037 Total charges to appropriations 53,230,706 55,114,157 52,309,319 2,804,838 Excess of resources over (under) charges to appropriations 200,794 (4,793,657) (5,468,616) (674,959) Fund balance, June 30 $ 80,020,082 $ 75,025,631 $ 74,350,672 $ (674,959) See independent auditors' report and note to required supplementary information

4 Schedule 3 BUDGETARY COMPARISON SCHEDULE PROP A FIRE TAX SPECIAL REVENUE FUND For the year ended June 30, 2009 Variance with Final Budget Budgeted Amounts Actual Positive Original Final Amounts (Negative) Fund balance, July 1 $ 3,672,290 $ 3,672,290 $ 3,672,290 $ - Resources (inflows): Taxes 5,400,000 5,400,000 5,381,363 (18,637) Special assessments collected 1,500,000 1,500,000 1,628, ,841 Intergovernmental revenues 715, , ,975 40,975 Investment earnings 100, ,000 82,677 (17,323) Total resources 7,715,000 7,715,000 7,848, ,856 Charges to appropriations (outflows): Current: Public safety 8,993,000 9,118,000 8,390, ,800 Capital outlay 200, ,675 59, ,961 Total charges to appropriations 9,193,000 9,420,675 8,449, ,761 Excess of resources over (under) charges to appropriations (1,478,000) (1,705,675) (601,058) 1,104,617 Fund balance, June 30 $ 2,194,290 $ 1,966,615 $ 3,071,232 $ 1,104,617 See independent auditors' report and note to required supplementary information

5 NOTE TO REQUIRED SUPPLEMENTARY INFORMATION June 30, 2009 BUDGETS AND BUDGETARY ACCOUNTING: The City used the following procedures in establishing the budgetary data reported in the financial statements: 1. Before the beginning of the fiscal year, the City Manager submits to the City Council a proposed budget for the year commencing the following July Public hearings are conducted to obtain taxpayer comments. 3. The budget is subsequently adopted through passage of a resolution. 4. Expenditures for the General Fund cannot exceed amounts budgeted at the departmental level, which is the legal level of control. For other funds, expenditures cannot exceed the total amount budgeted for each fund, which is the legal level of control. The City Manager is authorized to transfer appropriations (without council approval) between an object of a General Fund Department. The City Council approves all other changes. Annual appropriation amounts lapse at year-end. 5. Encumbrances and continuing appropriations are rebudgeted as of July 1, by Council action. 6. Annual budgets are adopted on a basis consistent with accounting principles generally accepted in the United States of America for all governmental funds except for certain special revenue funds and capital projects funds, which adopt project length budgets and debt service funds that are not budgeted as effectively budgetary control is achieved through debt indenture provisions. The following special revenue funds had legally adopted budgets during the current fiscal year: Prop A Fire Tax Traffic Safety Gas Tax Housing Mitigation Fees Community Development Block Grant El Paseo Assessment District City-Wide Business License Landscape and Lighting District No See independent auditors report

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