City of Camarillo
Revenue & Expenditure Report
(Unaudited)
October 2023
Prepared By:
The Department of Finance
GENERAL FUND
STATEMENT OF REVENUES,
EXPENDITURES, AND CHANGES IN FUND BALANCE
Month Ended October 2023 (Preliminary)
(dollars in thousands)
Variance with
Prior Year
Current Positive
Budget (Negative)
2023/24 2023/24 2022/23 2023/24 to 2022/23
Revenues:
Sales Taxes 19,000$ 2,886 $ 2,852 $ 34 $ Property Taxes 19,000 77 180 (103) Franchise Taxes 3,060 209 156 53 Business License Taxes 1,480 474 469 5 Transient Occupancy Taxes 3,366 928 932 (4) Special Assessments 157 - - - Licenses and permits 1,900 312 669 (357) Subventions and grants 3,306 105 101 4 Charges for services 2,275 1,061 1,930 (869) Investment Earnings 1,200 (188) 180 (368) Fines and Forfeitures 343 92 46 46 Contributions and developer fees 41 34 35 (1) Miscellaneous 12 128 102 26 Total Revenues 55,140 6,118 7,652 (1,534) Expenditures:
General Government:
City Council 676 144 348 204 City Clerk 1,035 194 227 33 City Attorney 460 67 42 (25) City Manager 2,890 438 467 29 Finance 2,003 456 528 72 Human Resources 723 131 150 19 Community Development 2,692 660 731 71 CIP Administration 504 190 45 (145) Non-departmental 13,040 1,367 11 (1,356) Total General Government 24,023 3,647 2,549 (1,098) Public Safety:
Emergency Operations 314 41 47 6 Code Compliance 941 219 250 31 Police Services 19,733 4,445 4,271 (174) DART 36 7 1 (6) Building & Safety 1,771 171 228 57 Total Public Safety 22,795 4,883 4,797 (86) Highways and streets 9,689 1,885 2,176 291 Economic Development 681 161 163 2 Cultural arts and library services 5,613 1,142 1,788 646 Total Expenditures 62,801 11,718 11,473 (245) Excess (Deficiency) of Revenues
Over (Under) Expenditures (7,661) (5,600) (3,821) (1,779) Other Financing Sources (Uses):
Transfers in 2,026 699 492 207 Transfers out (4,764) - (34) 34 Total Other Financing Sources (Uses): (2,738) 699 458 241 Net Change in Fund Balance (10,399) (4,901) (3,363) (1,538) Fund Balance, Beginning of Year 91,571 91,571 86,781 4,790 Ending Fund Balance 81,172 $ 86,670 $ 83,418 $ 3,252 $ *Beginning fund balance for FY 2021/22 is preliminary and based on preliminary FY 2020/21 ending fund balance.
Year-to-Date
Actual
MAINTENANCE DISTRICTS - SPECIAL REVENUE FUNDS
STATEMENT OF REVENUES,
EXPENDITURES, AND CHANGES IN FUND BALANCES
Month Ended October 2023 (Preliminary)
(dollars in thousands)
Variance with
Prior Year
Current Positive
Budget (Negative)
2023/24 2023/24 2022/23 2023/24 to 2022/23
Revenues by Fund:
220 - Lighting & Landscape MD 2,685$ - $ 17 $ (17)$ 221 - Zone 1-Mission Oaks MD1A 1,071 - 9 (9) 222 - Zone 2-Wittenberg MD 31 - - - 223 - Zone 3-Armitos Strm Basin 2 - - - 224 - Zone 4-Mission Oaks In MD 54 - - - 225 - Zone 5-Presley MD 19 - - - 226 - Zone 6-Spanish Hills MD 22 - - - 227 - Zone 7-Sares/Regis MD 8 - - - 228 - Zone 8-Vista Las Posas MD 34 - - - 230 - Zone 10-Adolfo Glen III MD 30 - - - 231 - Zone 9-Adolfo Glen II MD 42 - - - Total Revenues 3,998 - 26 (26) Expenditures by Fund:
220 - Lighting & Landscape MD 6,063 1,474 1,476 2 221 - Zone 1-Mission Oaks MD1A 1,335 253 266 13 222 - Zone 2-Wittenberg MD 43 7 9 2 223 - Zone 3-Armitos Strm Basin 6 1 1 - 224 - Zone 4-Mission Oaks In MD 56 12 15 3 225 - Zone 5-Presley MD 24 3 4 1 226 - Zone 6-Spanish Hills MD 24 2 3 1 227 - Zone 7-Sares/Regis MD 11 1 2 1 228 - Zone 8-Vista Las Posas MD 43 7 10 3 230 - Zone 10-Adolfo Glen III MD 34 7 7 - 231 - Zone 9-Adolfo Glen II MD 46 10 10 - Total Expenditures 7,685 1,777 1,803 26 Excess (Deficiency) of Revenues
Over (Under) Expenditures (3,687) (1,777) (1,777) - Other Financing Sources (Uses):
Transfers in 3,382 - 12 (12) Transfers out - - - - Total Other Financing Sources (Uses): 3,382 - 12 (12) Net Change in Fund Balance (305) (1,777) (1,765) (12) Fund Balance, Beginning of Year 1,832 1,832 2,059 (227) Ending Fund Balance 1,527 $ 55 $ 294$ (239)$ *Beginning fund balance for FY 2021/22 is preliminary and based on preliminary FY 2020/21 ending fund balance.
Actual
Year-to-Date
DEVELOPMENT FEES - SPECIAL REVENUE FUNDS
STATEMENT OF REVENUES,
EXPENDITURES, AND CHANGES IN FUND BALANCES
Month Ended October 2023 (Preliminary)
(dollars in thousands)
Variance with
Prior Year
Current Positive
Budget (Negative)
2023/24 2023/24 2022/23 2023/24 to 2022/23
Revenues by Fund:
240 - SIBA Fund 261$ - $ 12 $ (12)$ 251 - Traffic Mitigation Fund 1,342 25 39 (14) 252 - Bridge Policy Fund 112 - 295 (295) 253 - Storm Drain Fund - - - - 261 - Signals Fund 3 - 1 (1) 262 - Underground Utilities Fund 4 - 1 (1) 263 - Street Improvements Fund 30 - 9 (9) 264 - Parking In-lieu Fund 1 - - - Total Revenues 1,753 25 357 (332) Excess (Deficiency) of Revenues
Over (Under) Expenditures 1,753 25 357 (332) Other Financing Sources (Uses):
Transfers in - - - - Transfers out (3,831) (211) (172) (39) Total Other Financing Sources (Uses): (3,831) (211) (172) (39) Net Change in Fund Balance (2,078) (186) 185 (371) Fund Balance, Beginning of Year 19,898 19,898 20,490 (592) Ending Fund Balance 17,820$ 19,712 $ 20,675 $ (963) $ *Beginning fund balance for FY 2021/22 is preliminary and based on preliminary FY 2020/21 ending fund balance.
Actual
Year-to-Date
CAPITAL PROJECTS FUNDS
STATEMENT OF REVENUES,
EXPENDITURES, AND CHANGES IN FUND BALANCES
Month Ended October 2023 (Preliminary)
(dollars in thousands)
Variance with
Prior Year
Current Positive
Budget (Negative)
2023/24 2023/24 2022/23 2023/24 to 2022/23
Revenues by Fund:
410 - Capital Improv. Projects -$ - $ 106$ (106)$ 429 - Cam Corridor Prjs Area 50 - 13 (13) 498 - Low-Mod Inc Hsng Asset 5 - 2 (2) Total Revenues 55 - 121 (121) Expenditures by Fund:
410 - Capital Improv. Projects 12,153 2,612 1,394 (1,218) 429 - Cam Corridor Prjs Area 102 - - - 498 - Low-Mod Inc Hsng Asset 61 3 - (3) Total Expenditures 12,316 2,615 1,394 (1,221) Excess (Deficiency) of Revenues
Over (Under) Expenditures (12,261) (2,615) (1,273) (1,342) Other Financing Sources (Uses):
Transfers in 8,544 2,765 1,196 1,569 Transfers out (3) (359) - (359) Total Other Financing Sources (Uses): 8,541 2,406 1,196 1,210 Net Change in Fund Balance (3,720) (209) (77) (132) Fund Balance, Beginning of Year 19,525 19,525 19,746 (221) Ending Fund Balance 15,805 $ 19,316 $ 19,669 $ (353) $ *Beginning fund balance for FY 2021/22 is preliminary and based on preliminary FY 2020/21 ending fund balance.
Actual
Year-to-Date
OTHER GOVERNMENTAL FUNDS
STATEMENT OF REVENUES,
EXPENDITURES, AND CHANGES IN FUND BALANCES
Month Ended October 2023 (Preliminary)
(dollars in thousands)
Variance with
Prior Year
Current Positive
Budget (Negative)
2023/24 2023/24 2022/23 2023/24 to 2022/23
Revenues by Fund:
208 - Article 8 TDA Fund 1,713$ 187 $ 9 $ 178$ 209 - Article 3 TDA Fund 12 - 12 (12) 210 - Gas Tax Fund 2,026 699 493 206 211 - SB1 Fund 1,761 299 263 36 275 - Air Quality Fund - - - - 280 - CDBG Fund 501 - - - 285 - Library Special Revenue 152 - 196 (196) 286 - Cable PEG Fees 222 11 6 5 321 - Library Debt Service - 6 2 4 Total Revenues 6,387 1,202 981 221 Expenditures by Fund:
208 - Article 8 TDA Fund - - - - 209 - Article 3 TDA Fund - - - - 210 - Gas Tax Fund - - - - 211 - SB1 Fund - - - - 275 - Air Quality Fund - - - - 280 - CDBG Fund 501 11 (8) (19) 285 - Library Special Revenue 299 130 87 (43) 286 - Cable PEG Fees - - - - 321 - Library Debt Service 490 - - - Total Expenditures 1,290 141 79 (62) Excess (Deficiency) of Revenues
Over (Under) Expenditures 5,097 1,061 902 159 Other Financing Sources (Uses):
Transfers in 490 - - - Transfers out (6,330) (3,104) (1,556) (1,548) Total Other Financing Sources (Uses): (5,840) (3,104) (1,556) (1,548) Net Change in Fund Balance (743) (2,043) (654) (1,389) Fund Balance, Beginning of Year 7,234 7,234 5,973 1,261 Ending Fund Balance 6,491 $ 5,191 $ 5,319 $ (128) $ *Beginning fund balance for FY 2021/22 is preliminary and based on preliminary FY 2020/21 ending fund balance.
Actual
Year-to-Date
ENTERPRISE FUNDS
STATEMENT OF REVENUES,
EXPENSES AND CHANGES IN NET POSITION
Month Ended October 2023 (Preliminary)
(dollars in thousands)
Variance with
Prior Year
Current Positive
Budget (Negative)
2023/24 2023/24 2022/23 2023/24 to 2022/23
Revenues by Fund:
805 - Solid Waste 8,140$ 1,994 $ 1,951 $ 43 $ 810 - Transit 5,302 250 36 214 815 - Camarillo Ranch Events 873 85 171 (86) 860 - Water Utility 16,739 4,660 4,755 (95) 861 - Reclaimed Water 728 174 207 (33) 862 - Water Conservation Credit 17 - 3 (3) 863 - Water Capital Projects 606 104 7,202 (7,098) 864 - Water Debt Service Fund - 7 - 7 871 - Sanitary District 15,183 4,285 4,665 (380) 872 - CAMSAN Debt Service 1,368 - 10 (10) 873 - CAMSAN Capital Projects 675 25 2,348 (2,323) Total Revenues 49,631 11,584 21,348 (9,764) Expenses by Fund:
805 - Solid Waste 8,249 2,069 2,106 37 810 - Transit 5,480 980 813 (167) 815 - Camarillo Ranch Events 959 153 173 20 860 - Water Utility 21,679 4,160 4,917 757 861 - Reclaimed Water 1,204 115 138 23 862 - Water Conservation Credit 762 22 58 36 863 - Water Capital Projects 3,907 220 302 82 864 - Water Debt Service Fund 182 51 3 (48) 871 - Sanitary District 20,162 4,039 3,954 (85) 872 - CAMSAN Debt Service 511 5 3 (2) 873 - CAMSAN Capital Projects 5,264 356 271 (85) Total Expenses 68,359 12,170 12,738 568 Income (Loss) Before Transfers (18,728) (586) 8,610 (9,196) Transfers in 10,000 - - - Transfers out (10,000) - - - *Adjustment to net position (accrual method) 13,619 1,057 693 364 Changes in Net Position (5,109) 471 9,303 (8,832) Net Position, Beginning of Year 208,126 208,126 202,037 6,089 Ending Net Position 203,017 $ 208,597 $ 211,340 $ (2,743) $ *Beginning fund balance for FY 2021/22 is preliminary and based on preliminary FY 2020/21 ending fund balance.
Actual
Year-to-Date
INTERNAL SERVICE FUNDS
STATEMENT OF REVENUES,
EXPENSES AND CHANGES IN NET POSITION
Month Ended October 2023 (Preliminary)
(dollars in thousands)
Variance with
Prior Year
Current Positive
Budget (Negative)
2023/24 2023/24 2022/23 2023/24 to 2022/23
Revenues by Fund:
510 - Risk Management 2,420$ 278 $ 837 $ (559)$ 530 - Information Systems 4,047 335 1,043 (708) 540 - Vehicles & Equipment 2,957 678 440 238 550 - City Hall Facility 3,761 460 1,006 (546) 551 - Corp Yard Facility 745 60 421 (361) 552 - Police Facility 1,165 283 120 163 553 - Library Facility 1,220 117 641 (524) 555 - Chamber of Commerce 1 - - - Total Revenues 16,316 2,211 4,508 (2,297) Expenses by Fund:
510 - Risk Management 2,454 2,040 1,870 (170) 530 - Information Systems 4,188 912 924 12 540 - Vehicles & Equipment 4,099 225 311 86 550 - City Hall Facility - 98 419 321 551 - Corp Yard Facility - 7 325 318 552 - Police Facility 58 6 122 116 553 - Library Facility 10 48 680 632 555 - Chamber of Commerce - - 5 5 Total Expenses 10,809 3,336 4,656 1,320 Income (Loss) Before Transfers 5,507 (1,125) (148) (977) Transfers in 380 - 63 (63) Transfers out - - - - *Adjustment to net position (accrual method) 3,509 182 433 (251) Changes in Net Position 9,396 (943) 348 (1,291) Net Position, Beginning of Year 35,367 35,367 35,964 (597) Ending Net Position 44,763$ 34,424 $ 36,312 $ (1,888)$ *Beginning fund balance for FY 2021/22 is preliminary and based on preliminary FY 2020/21 ending fund balance.
Actual
Year-to-Date
Total Receipts 6,952,489 $
Total Disbursements 8,194,624 $
Fund Balances
Fund Type:
General Fund 86,669,500 $
Special Revenue Funds 27,861,627
Trust Funds * (43,078,024)
Debt Service Fund 515,885
Capital Projects Funds 21,135,695
Internal Service Funds 38,549,619
Enterprise Funds 215,492,465
Total Fund Balances 347,146,767 $
* Successor Agency Fund fund balance includes outstanding bonds.
CITY OF CAMARILLO
Receipts, Disbursements, and Fund Balances
(CA State Govt. Code 41004)
Preliminary
Month Ended October 2023