Alameda City Council
March 3, 2026

Exhibit 2
2023-24 Actual 2024-25 Actual
2025-26
Adopted Budget
Technical
Adjustments
Mid-Year
Adjustments
2025-26
Mid-Year
Revenues
Property Tax 61,339,424 64,418,997 66,781,885 66,781,885 66,781,885 Sales Tax 22,620,145 21,036,923 20,433,351 20,433,351 20,433,351 Property Transfer Tax 10,822,407 13,623,607 11,300,000 11,300,000 11,300,000 Utility Users Tax 9,779,914 10,113,610 9,955,902 9,955,902 9,955,902 Franchise Fees 4,812,656 3,273,782 3,379,447 3,379,447 3,379,447 Business License Tax 3,008,167 3,101,584 3,060,000 3,060,000 3,060,000 Transient Occupancy Tax 3,380,956 3,541,346 3,400,000 3,400,000 3,400,000 Other Taxes 1,322,000 1,376,000 1,387,000 1,403,000 16,000 1,403,000 Fees and Charges for Services 8,723,125 10,988,511 11,154,892 10,380,133 (575,759) 10,579,133 Transfers In 4,786,685 8,392,770 11,002,260 12,079,760 1,077,500 12,079,760 Investment and Property Income 6,022,466 6,473,593 3,393,961 3,616,047 222,086 3,616,047 Intergovernmental Revenue 865,233 1,594,101 - - 1,030,000 1,030,000 Fines/Forfeiture/Penalty 528,107 651,511 185,000 185,000 15,000 200,000 Other Revenue 107,746 56,966 - 809,173 94,567 94,567 Licenses and Permits 357 1,405 300 300 300 138,119,387 148,644,705 145,433,998 146,783,998 1,879,394 147,313,392 Expenses
Salaries and Employee Benefits 81,153,190 95,196,378 108,869,576 103,898,322 (3,962,447) 104,907,129 Fire 35,946,426 43,415,634 42,380,507 44,311,973 2,829,346 45,209,853 Police 30,312,280 33,265,716 35,620,072 39,204,941 4,262,582 39,882,654 Recreation & Parks 5,902,310 6,832,824 6,467,398 7,567,807 1,055,205 7,522,603 Other Departments 8,992,174 11,682,204 27,755,409 15,851,869 (12,425,122) 15,330,287 Vacancy Savings - - (3,353,810) (3,038,268) 315,542 (3,038,268) Transfers Out 10,607,038 20,847,788 3,844,927 9,472,927 (3,844,927) - Operating Expenditures 13,407,477 18,148,166 20,500,961 20,277,699 597,724 21,098,685 Cost Allocation 14,103,915 18,848,208 18,442,590 18,533,400 90,810 18,533,400 Debt Service 250,955 4,166 361,493 - (361,493) - Capital Outlay 108,375 3,659,468 5,785,000 - 4,430,578 10,215,578 119,630,950 156,704,174 154,450,737 152,182,348 (3,049,755) 154,754,792 (8,059,470) (9,016,739) (5,398,350) (1,170,361) (7,441,400) General Fund
Budget Summary
Revenues Less Expenses 18,488,437