City logo home page link

CITY OF

PACIFIC GROVE       

Finance

The Finance Department is responsible for the stewardship of the City’s resources. The Department provides policy analyses, recommendations, and financial information to the City Council and departments.

The Finance Department’s core functions include:

  • Accounting for the City’s resources and disclosure of the City’s financial condition in the year-end comprehensive annual financial report and independent audit.
  • Preparing and monitoring the annual operating budget and revenue forecast.
  • Providing accounts payable and payroll services.
  • Managing the City’s debt, investment, and banking affairs.
  • Risk Management

OpenGov Financial Transparency Platform 

OpenGov is the City's financial transparency platform that makes it easy to explore how tax dollars are collected and spent. In an effort to provide a more inclusive and transparent budget, the City of Pacific Grove is pleased to present our Financial Transparency portal. The City partnered with OpenGov to provide a new web-based financial transparency and intelligence tool that dynamically presents the county’s revenues and expenses, from historical trends to line item level details. Residents now have around-the-clock access and a better presentation of Pacific Grove's budget and actuals. 

Budget Presentations

August 16, 2017 10-Year Financial Forecast General Fund: 2018-19 to 2027-28

2017-18 Budget
June 7, 2017 City Council Budget Presentation
May 31, 2017 City Council Budget Workshop Presentation

Budgets
City Fee Schedule

Master Fee Schedule 2020-21, effective July 1 2020

Financial Statements

Annual Reports

The City of Pacific Grove Charter requires a report of the transactions and accounts of all officers or employees having the collection, deposit, custody or disbursement of public money or property, or the power to approve, allow or audit demands on the treasury. The City employs an independent audit firm to conduct an audit and report its findings in an annual basis. The documents below are copies of the document received by the council every year. 

Pension Information

CalPERS Valuation Reports as of June 30 2019

Classic Miscellaneous Employees
Classic Safety Employees
PEPRA Miscellaneous Employees
PEPRA Safety Employees

CalPERS Valuation Reports as of June 30 2018

Classic Miscellaneous Employees
Classic Safety Employees
PEPRA Miscellaneous Employees
PEPRA Safety Employees

CalPERS Valuation Reports as of June 30, 2017

Classic Miscellaneous Employees 
Classic Safety Employees
PEPRA Miscellaneous Employees 
PEPRA Safety Employees

 

Other Useful Pension Information

The Five Year Forecast shows the Pension Obligation Bond payment (debt amounts) for the next five years. The forecast also shows the annual payments to CalPERS for unfunded liability for the same periods.
 

Page 5 of the FY 2016-17 Adopted Budget shows the City's total long-term debt including the Pension Obligation Bonds. 

Page 73 of the Independent Audit FY Ending June 30, 2016 shows the City's proportionate share of net pension liability in the pooled funds for Miscellaneous and Safety employees reported for GASB 68 purposes.
 
Council Member Peake prepared a primer on CalPERS pension financing that includes 10 years of data and provides many explanations as to how CalPERS works. 
 
The Pension Ad-Hoc Committee (Kampe, Peake, Fischer) also submitted a report on CalPERS on February 21, 2016. Page 1 of Attachment 2, is a letter from CalPERS stating the accrued liabilities. 
 
Quarterly Budget Reports

CURRENT REPORTS

ARCHIVED REPORTS

Quarterly Sales Tax Reports

2020 Q4 Sales Tax Update
2020 Q3 Sales Tax Update
2020 Q2 Sales Tax Update
2020 Q1 Sales Tax Update
2019 Q4 Sales Tax Update
2019 Q3 Sales Tax Update
2019 Q2 Sales Tax Update
2019 Q1 Sales Tax Update
2018 Q4 Sales Tax Update
2018 Q3 Sales Tax Update
2018 Q2 Sales Tax Update
2018 Q1 Sales Tax Update
2017 Q4 Sales Tax Update
2017 Q2 Sales Tax Update
2017 Q1 Sales Tax Update
2016 Q4 Sales Tax Update
2016 Q3 Sales Tax Update

Quarterly Treasurer Reports

CURRENT REPORTS

ARCHIVED REPORTS

Quarterly Workers' Compensation Reports

CURRENT REPORTS

ARCHIVED REPORTS

Sales Tax Rate 2017

Sales Tax Rate 2017

Finance Forms & Permits

Finance Department forms and permit applications are listed for download or online submission to the right. For more information about forms and requirements click on the links below or visit the Animals or Business Licenses page. Short-Term Rental Program information and forms have moved to the Community and Economic Development Department Short-Term Rental Program page.

Banner Display Request

Banner Displays

The Banner Display Request Form is to be completed when requesting the temporary installation of banner(s) within Pacific Grove City Limits. This form must comply with the regulations listed on the form, and must be submitted within thirty (30) days prior to the first day of display.

Banner Display Request Form

Garage Sale Permit

Selling Your Stuff

Garage Sale sign The sale of personal property in residential areas is regulated by provisions of Section 11.10 of the Pacific Grove Municipal Code. One of the conditions is that sellers will obtain a permit from the City in advance of the sale. The location to obtain the required permit is the reception counter of City Hall. The process includes filling out an application that indicates the time and date for sales and payment of a fee for the permit.

The regulations contain limitations on the hours of sale, size and location of signs to advertise the sale, and the frequency of sales at a given location. These rules are provided to applicants when they are issued a permit. Any violation of the rules may result in the issuance of a citation and/or the closing of the sale.

The fee for a permit is $10.00, paid at the time the permit is issued. Completed applications are forwarded from the Administrative Services Department to the Police Department, so that they are notified of the time and location of sales.

Garage Sale Permit Application

Transient Occupancy Tax

Transient Occupancy Tax and HID Assessment returns for Hotels, Motels, B&Bs, RV Parks or Vacation Rentals can now be submitted via mail, e-mail, online, and by phone to simplify your monthly reporting.

File a return and pay online.

Download the Commercial Transient Occupancy Tax (TOT) Return with Hospitality Improvement District Assessment.

For information on Transient Occupancy Tax for short-term vacation rental owners, please see the Short-term Rental Program page.