Alameda City Council
May 5, 2026

Exhibit 2
2023-24 Actual 2024-25 Actual
2026-27
Adopted Budget
Technical
Adjustments
Mid-Cycle
Adjustments
2026-27
Mid-Cycle
Revenues
Property Tax 61,339,424 64,418,997 69,260,933 68,860,933 (400,000) 68,860,933 Sales Tax 22,620,145 21,036,923 20,985,708 20,985,708 20,985,708 Property Transfer Tax 10,822,407 13,623,607 11,500,000 11,500,000 11,500,000 Utility Users Tax 9,779,914 10,113,610 10,156,757 10,156,757 10,156,757 Franchise Fees 4,812,656 3,273,782 3,404,051 3,404,051 3,404,051 Business License Tax 3,008,167 3,101,584 3,147,000 3,147,000 3,147,000 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 1,431,000 1,431,000 1,431,000 Fees and Charges for Services 8,723,125 10,988,511 11,135,721 10,809,784 97,504 11,233,225 Transfers In 4,786,685 8,392,770 12,378,802 12,378,802 1,650,000 14,028,802 Investment and Property Income 6,022,466 6,473,593 3,678,762 3,678,762 1,080,000 4,758,762 Intergovernmental Revenue 865,233 1,594,101 - 1,047,363 1,047,363 Fines/Forfeiture/Penalty 528,107 651,511 185,000 200,000 - 200,000 Other Revenue 107,746 56,966 372,153 - (372,153) - Licenses and Permits 357 1,405 300 300 300 138,119,387 148,644,705 151,036,187 149,953,097 3,102,714 154,153,901 Expenses
Salaries and Employee Benefits 81,153,190 95,196,378 105,790,229 108,760,286 5,773,148 111,563,377 Fire 35,946,426 43,415,634 45,069,629 47,213,535 3,067,631 48,137,260 Police 30,312,280 33,265,716 39,844,481 41,673,009 3,128,528 42,973,009 Recreation & Parks 5,902,310 6,832,824 7,959,314 7,993,437 (139,978) 7,819,336 Other Departments 8,992,174 11,682,204 16,142,323 15,105,823 (1,563,033) 14,579,290 Vacancy Savings - - (3,225,518) (3,225,518) 1,280,000 (1,945,518) Transfers Out 10,607,038 20,847,788 5,869,927 5,939,927 320,000 6,189,927 Operating Expenditures 13,407,477 18,148,166 21,073,939 21,951,650 1,408,711 22,482,650 Cost Allocation 14,103,915 18,848,208 19,085,752 18,800,027 (1,790,725) 17,295,027 Debt Service 250,955 4,166 - - - - Capital Outlay 108,375 3,659,468 2,000,000 2,000,000 - 2,000,000 119,630,950 156,704,174 153,819,847 157,451,890 5,711,134 159,530,981 (8,059,470) (2,783,660) (7,498,793) 8,813,848 (5,377,080) General Fund
Budget Summary
Revenues Less Expenses 18,488,437