City of Camarillo
Revenue & Expenditure Report
(Unaudited)
December 2023
Prepared By:
The Department of Finance
GENERAL FUND
STATEMENT OF REVENUES,
EXPENDITURES, AND CHANGES IN FUND BALANCE
Month Ended December 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$ 6,392$ 6,288$ 104$ Property Taxes 19,000 5,910 5,566 344 Franchise Taxes 3,060 592 585 7 Business License Taxes 1,480 741 769 (28) Transient Occupancy Taxes 3,366 1,448 1,474 (26) Special Assessments 157 - - - Licenses and permits 1,900 649 848 (199) Subventions and grants 3,306 143 135 8 Charges for services 2,275 1,877 2,200 (323) Investment Earnings 1,200 810 643 167 Fines and Forfeitures 343 165 150 15 Contributions and developer fees 41 57 40 17 Miscellaneous 251 135 126 9 Total Revenues 55,379 18,919 18,824 95 Expenditures:
General Government:
City Council 676 238 511 273 City Clerk 1,035 351 364 13 City Attorney 460 99 158 59 City Manager 2,890 973 921 (52) Finance 2,003 845 879 34 Human Resources 723 240 260 20 Community Development 2,692 1,090 1,211 121 CIP Administration 504 343 97 (246) Non-departmental 13,157 5,367 16 (5,351) Total General Government 24,140 9,546 4,417 (5,129) Public Safety:
Emergency Operations 314 64 75 11 Code Compliance 941 406 399 (7) Police Services 19,733 7,554 7,177 (377) DART 36 13 4 (9) Building & Safety 1,771 571 557 (14) Total Public Safety 22,795 8,608 8,212 (396) Highways and streets 9,689 3,371 3,560 189 Economic Development 681 298 836 538 Cultural arts and library services 5,613 2,072 2,705 633 Total Expenditures 62,918 23,895 19,730 (4,165) Excess (Deficiency) of Revenues
Over (Under) Expenditures (7,539) (4,976) (906) (4,070) Other Financing Sources (Uses):
Transfers in 2,026 699 800 (101) Transfers out (4,764) (391) (638) 247 Total Other Financing Sources (Uses): (2,738) 308 162 146 Net Change in Fund Balance (10,277) (4,668) (744) (3,924) Fund Balance, Beginning of Year 91,571 91,571 86,781 4,790 Ending Fund Balance 81,294$ 86,903$ 86,037$ 866$ *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 December 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$ 1,327$ 1,297$ 30$ 221 - Zone 1-Mission Oaks MD1A 1,071 601 585 16 222 - Zone 2-Wittenberg MD 31 17 17 - 223 - Zone 3-Armitos Strm Basin 2 1 1 - 224 - Zone 4-Mission Oaks In MD 54 29 31 (2) 225 - Zone 5-Presley MD 19 10 9 1 226 - Zone 6-Spanish Hills MD 22 13 13 - 227 - Zone 7-Sares/Regis MD 8 5 4 1 228 - Zone 8-Vista Las Posas MD 34 18 18 - 230 - Zone 10-Adolfo Glen III MD 30 17 16 1 231 - Zone 9-Adolfo Glen II MD 42 24 23 1 Total Revenues 3,998 2,062 2,014 48 Expenditures by Fund:
220 - Lighting & Landscape MD 6,063 2,428 2,462 34 221 - Zone 1-Mission Oaks MD1A 1,335 498 496 (2) 222 - Zone 2-Wittenberg MD 43 14 14 - 223 - Zone 3-Armitos Strm Basin 6 1 4 3 224 - Zone 4-Mission Oaks In MD 56 23 23 - 225 - Zone 5-Presley MD 24 5 9 4 226 - Zone 6-Spanish Hills MD 24 4 6 2 227 - Zone 7-Sares/Regis MD 11 3 7 4 228 - Zone 8-Vista Las Posas MD 43 13 18 5 230 - Zone 10-Adolfo Glen III MD 34 13 14 1 231 - Zone 9-Adolfo Glen II MD 46 20 20 - Total Expenditures 7,685 3,022 3,073 51 Excess (Deficiency) of Revenues
Over (Under) Expenditures (3,687) (960) (1,059) 99 Other Financing Sources (Uses):
Transfers in 3,382 1 14 (13) Transfers out - - - - Total Other Financing Sources (Uses): 3,382 1 14 (13) Net Change in Fund Balance (305) (959) (1,045) 86 Fund Balance, Beginning of Year 1,832 1,832 2,059 (227) Ending Fund Balance 1,527$ 873$ 1,014$ (141)$ *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 December 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$ 36$ 29$ 7$ 251 - Traffic Mitigation Fund 1,342 153 204 (51) 252 - Bridge Policy Fund 112 8 300 (292) 253 - Storm Drain Fund - - - - 261 - Signals Fund 3 2 2 - 262 - Underground Utilities Fund 4 3 3 - 263 - Street Improvements Fund 30 24 22 2 264 - Parking In-lieu Fund 1 - - - Total Revenues 1,753 226 560 (334) Excess (Deficiency) of Revenues
Over (Under) Expenditures 1,753 226 560 (334) Other Financing Sources (Uses):
Transfers in - - - - Transfers out (3,831) (283) (286) 3 Total Other Financing Sources (Uses): (3,831) (283) (286) 3 Net Change in Fund Balance (2,078) (57) 274 (331) Fund Balance, Beginning of Year 19,898 19,898 20,490 (592) Ending Fund Balance 17,820$ 19,841$ 20,764$ (923)$ *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 December 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 5,450$ -$ 119$ (119)$ 429 - Cam Corridor Prjs Area 50 13 32 (19) 498 - Low-Mod Inc Hsng Asset 5 2 4 (2) Total Revenues 5,505 15 155 (140) Expenditures by Fund:
410 - Capital Improv. Projects 15,432 3,030 1,660 (1,370) 429 - Cam Corridor Prjs Area 102 - - - 498 - Low-Mod Inc Hsng Asset 61 8 - (8) Total Expenditures 15,595 3,038 1,660 (1,378) Excess (Deficiency) of Revenues
Over (Under) Expenditures (10,090) (3,023) (1,505) (1,518) Other Financing Sources (Uses):
Transfers in 10,895 3,119 1,550 1,569 Transfers out (3) (407) - (407) Total Other Financing Sources (Uses): 10,892 2,712 1,550 1,162 Net Change in Fund Balance 802 (311) 45 (356) Fund Balance, Beginning of Year 19,525 19,525 19,746 (221) Ending Fund Balance 20,327$ 19,214$ 19,791$ (577)$ *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 December 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$ 589$ 671$ (82)$ 209 - Article 3 TDA Fund 12 13 12 1 210 - Gas Tax Fund 2,026 875 801 74 211 - SB1 Fund 1,761 593 524 69 275 - Air Quality Fund - 1 1 - 280 - CDBG Fund 677 23 - 23 285 - Library Special Revenue 152 147 342 (195) 286 - Cable PEG Fees 222 71 62 9 321 - Library Debt Service - 10 5 5 Total Revenues 6,563 2,322 2,418 (96) 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 84 14 (70) 285 - Library Special Revenue 299 195 129 (66) 286 - Cable PEG Fees - - - - 321 - Library Debt Service 490 - 411 411 Total Expenditures 1,290 279 554 275 Excess (Deficiency) of Revenues
Over (Under) Expenditures 5,273 2,043 1,864 179 Other Financing Sources (Uses):
Transfers in 490 390 409 (19) Transfers out (8,681) (3,127) (1,920) (1,207) Total Other Financing Sources (Uses): (8,191) (2,737) (1,511) (1,226) Net Change in Fund Balance (2,918) (694) 353 (1,047) Fund Balance, Beginning of Year 7,234 7,234 5,973 1,261 Ending Fund Balance 4,316$ 6,540$ 6,326$ 214$ *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 December 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 8,149$ 3,386$ 3,311$ 75$ 810 - Transit 5,302 1,243 604 639 815 - Camarillo Ranch Events 873 156 283 (127) 860 - Water Utility 16,739 7,215 7,030 185 861 - Reclaimed Water 728 345 304 41 862 - Water Conservation Credit 17 8 8 - 863 - Water Capital Projects 606 239 7,288 (7,049) 864 - Water Debt Service Fund - 15 - 15 871 - Sanitary District 15,183 7,103 7,404 (301) 872 - CAMSAN Debt Service 1,368 823 795 28 873 - CAMSAN Capital Projects 675 257 2,477 (2,220) Total Revenues 49,640 20,790 29,504 (8,714) Expenses by Fund:
805 - Solid Waste 8,249 3,402 3,452 50 810 - Transit 5,480 1,605 1,091 (514) 815 - Camarillo Ranch Events 959 269 267 (2) 860 - Water Utility 21,679 8,449 8,021 (428) 861 - Reclaimed Water 1,204 200 186 (14) 862 - Water Conservation Credit 762 34 91 57 863 - Water Capital Projects 3,907 343 714 371 864 - Water Debt Service Fund 182 (401) 191 592 871 - Sanitary District 20,162 8,504 7,551 (953) 872 - CAMSAN Debt Service 511 5 271 266 873 - CAMSAN Capital Projects 5,584 720 455 (265) Total Expenses 68,679 23,130 22,290 (840) Income (Loss) Before Transfers (19,039) (2,340) 7,214 (9,554) Transfers in 10,105 9,866 189 9,677 Transfers out (10,000) (9,866) (189) (9,677) *Adjustment to net position (accrual method) 13,939 2,431 1,672 759 Changes in Net Position (4,995) 91 8,886 (8,795) Net Position, Beginning of Year 208,126 208,126 202,037 6,089 Ending Net Position 203,131$ 208,217$ 210,923$ (2,706)$ *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 December 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$ 1,086$ 1,243$ (157)$ 530 - Information Systems 4,047 2,032 1,572 460 540 - Vehicles & Equipment 2,957 1,181 659 522 550 - City Hall Facility 3,761 2,794 1,515 1,279 551 - Corp Yard Facility 745 379 635 (256) 552 - Police Facility 1,165 1,712 183 1,529 553 - Library Facility 1,220 716 969 (253) 555 - Chamber of Commerce 1 1 1 - Total Revenues 16,316 9,901 6,777 3,124 Expenses by Fund:
510 - Risk Management 2,454 2,172 1,980 (192) 530 - Information Systems 4,188 1,486 1,552 66 540 - Vehicles & Equipment 4,099 660 482 (178) 550 - City Hall Facility - 293 648 355 551 - Corp Yard Facility - 209 415 206 552 - Police Facility 58 65 186 121 553 - Library Facility 10 394 1,242 848 555 - Chamber of Commerce - 6 7 1 Total Expenses 10,809 5,285 6,512 1,227 Income (Loss) Before Transfers 5,507 4,616 265 4,351 Transfers in 380 - 71 (71) Transfers out - - - - *Adjustment to net position (accrual method) 3,509 624 718 (94) Changes in Net Position 9,396 5,240 1,054 4,186 Net Position, Beginning of Year 35,367 35,367 35,964 (597) Ending Net Position 44,763$ 40,607$ 37,018$ 3,589$ *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 15,925,006$
Total Disbursements 7,810,069$
Fund Balances
Fund Type:
General Fund 86,902,397$
Special Revenue Funds 29,552,124
Trust Funds * (43,067,421)
Debt Service Fund 910,157
Capital Projects Funds 21,032,257
Internal Service Funds 44,288,420
Enterprise Funds 213,735,009
Total Fund Balances 353,352,943$
* Successor Agency Fund fund balance includes outstanding bonds.
CITY OF CAMARILLO
Receipts, Disbursements, and Fund Balances
(CA State Govt. Code 41004)
Preliminary
Month Ended December 2023