City of Camarillo
Revenue & Expenditure Report
(Unaudited)
January 2024
Prepared By:
The Department of Finance
GENERAL FUND
STATEMENT OF REVENUES,
EXPENDITURES, AND CHANGES IN FUND BALANCE
Month Ended January 2024 (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$ 7,860$ 7,732$ 128$ Property Taxes 19,000 10,519 10,311 208 Franchise Taxes 3,060 669 623 46 Business License Taxes 1,480 889 952 (63) Transient Occupancy Taxes 3,366 1,679 1,684 (5) Special Assessments 157 - - - Licenses and permits 1,900 731 901 (170) Subventions and grants 3,306 623 153 470 Charges for services 2,275 2,177 2,548 (371) Investment Earnings 1,200 1,821 966 855 Fines and Forfeitures 343 199 178 21 Contributions and developer fees 41 57 82 (25) Miscellaneous 251 400 133 267 Total Revenues 55,379 27,624 26,263 1,361 Expenditures:
General Government:
City Council 676 259 617 358 City Clerk 1,035 406 422 16 City Attorney 460 171 202 31 City Manager 3,625 1,115 1,079 (36) Finance 2,003 996 1,044 48 Human Resources 804 282 300 18 Community Development 2,692 1,252 1,430 178 CIP Administration 504 402 118 (284) Non-departmental 12,422 6,210 33 (6,177) Total General Government 24,221 11,093 5,245 (5,848) Public Safety:
Emergency Operations 314 72 90 18 Code Compliance 941 478 465 (13) Police Services 19,733 9,049 8,625 (424) DART 36 16 5 (11) Building & Safety 1,771 586 712 126 Total Public Safety 22,795 10,201 9,897 (304) Highways and streets 9,759 3,902 4,143 241 Economic Development 681 345 876 531 Cultural arts and library services 5,613 2,455 3,216 761 Total Expenditures 63,069 27,996 23,377 (4,619) Excess (Deficiency) of Revenues
Over (Under) Expenditures (7,690) (372) 2,886 (3,258) Other Financing Sources (Uses):
Transfers in 2,026 1,019 1,105 (86) Transfers out (4,764) (391) (657) 266 Total Other Financing Sources (Uses): (2,738) 628 448 180 Net Change in Fund Balance (10,428) 256 3,334 (3,078) Fund Balance, Beginning of Year 91,571 91,571 86,781 4,790 Ending Fund Balance 81,143$ 91,827$ 90,115$ 1,712$ *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 January 2024 (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$ 1,477$ 1,480$ (3)$ 221 - Zone 1-Mission Oaks MD1A 1,071 610 598 12 222 - Zone 2-Wittenberg MD 31 18 17 1 223 - 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 5 - 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 25 23 2 Total Revenues 3,998 2,223 2,211 12 Expenditures by Fund:
220 - Lighting & Landscape MD 6,063 2,909 2,776 (133) 221 - Zone 1-Mission Oaks MD1A 1,335 608 504 (104) 222 - Zone 2-Wittenberg MD 43 17 15 (2) 223 - Zone 3-Armitos Strm Basin 6 2 4 2 224 - Zone 4-Mission Oaks In MD 56 28 24 (4) 225 - Zone 5-Presley MD 24 6 9 3 226 - Zone 6-Spanish Hills MD 24 5 7 2 227 - Zone 7-Sares/Regis MD 11 3 7 4 228 - Zone 8-Vista Las Posas MD 43 15 18 3 230 - Zone 10-Adolfo Glen III MD 34 16 14 (2) 231 - Zone 9-Adolfo Glen II MD 46 24 20 (4) Total Expenditures 7,685 3,633 3,398 (235) Excess (Deficiency) of Revenues
Over (Under) Expenditures (3,687) (1,410) (1,187) (223) Other Financing Sources (Uses):
Transfers in 3,382 14 14 - Transfers out - - - - Total Other Financing Sources (Uses): 3,382 14 14 - Net Change in Fund Balance (305) (1,396) (1,173) (223) Fund Balance, Beginning of Year 1,832 1,832 2,059 (227) Ending Fund Balance 1,527$ 436$ 886$ (450)$ *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 January 2024 (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$ 72$ 29$ 43$ 251 - Traffic Mitigation Fund 1,342 242 204 38 252 - Bridge Policy Fund 112 16 300 (284) 253 - Storm Drain Fund - 1 - 1 261 - Signals Fund 3 5 2 3 262 - Underground Utilities Fund 4 7 3 4 263 - Street Improvements Fund 30 48 22 26 264 - Parking In-lieu Fund 1 - - - Total Revenues 1,753 391 560 (169) Excess (Deficiency) of Revenues
Over (Under) Expenditures 1,753 391 560 (169) Other Financing Sources (Uses):
Transfers in - - - - Transfers out (3,831) (348) (241) (107) Total Other Financing Sources (Uses): (3,831) (348) (241) (107) Net Change in Fund Balance (2,078) 43 319 (276) Fund Balance, Beginning of Year 19,898 19,898 20,490 (592) Ending Fund Balance 17,820$ 19,941$ 20,809$ (868)$ *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 January 2024 (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 6,285$ -$ 119$ (119)$ 429 - Cam Corridor Prjs Area 50 14 32 (18) 498 - Low-Mod Inc Hsng Asset 5 3 4 (1) Total Revenues 6,340 17 155 (138) Expenditures by Fund:
410 - Capital Improv. Projects 16,860 3,650 1,932 (1,718) 429 - Cam Corridor Prjs Area 102 - 1 1 498 - Low-Mod Inc Hsng Asset 61 9 5 (4) Total Expenditures 17,023 3,659 1,938 (1,721) Excess (Deficiency) of Revenues
Over (Under) Expenditures (10,683) (3,642) (1,783) (1,859) Other Financing Sources (Uses):
Transfers in 11,488 3,337 1,727 1,610 Transfers out (3) (407) - (407) Total Other Financing Sources (Uses): 11,485 2,930 1,727 1,203 Net Change in Fund Balance 802 (712) (56) (656) Fund Balance, Beginning of Year 19,525 19,525 19,746 (221) Ending Fund Balance 20,327$ 18,813$ 19,690$ (877)$ *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 January 2024 (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$ 608$ 671$ (63)$ 209 - Article 3 TDA Fund 12 13 12 1 210 - Gas Tax Fund 2,026 1,019 1,105 (86) 211 - SB1 Fund 1,761 725 657 68 275 - Air Quality Fund - 2 1 1 280 - CDBG Fund 677 66 273 (207) 285 - Library Special Revenue 152 151 342 (191) 286 - Cable PEG Fees 222 88 62 26 321 - Library Debt Service - 13 7 6 Total Revenues 6,563 2,685 3,130 (445) 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 85 78 (7) 285 - Library Special Revenue 299 208 129 (79) 286 - Cable PEG Fees - - - - 321 - Library Debt Service 490 412 411 (1) Total Expenditures 1,290 705 618 (87) Excess (Deficiency) of Revenues
Over (Under) Expenditures 5,273 1,980 2,512 (532) Other Financing Sources (Uses):
Transfers in 490 390 409 (19) Transfers out (9,273) (3,614) (2,430) (1,184) Total Other Financing Sources (Uses): (8,783) (3,224) (2,021) (1,203) Net Change in Fund Balance (3,510) (1,244) 491 (1,735) Fund Balance, Beginning of Year 7,234 7,234 5,973 1,261 Ending Fund Balance 3,724$ 5,990$ 6,464$ (474)$ *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 January 2024 (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$ 4,063$ 3,975$ 88$ 810 - Transit 5,302 656 1,433 (777) 815 - Camarillo Ranch Events 873 188 322 (134) 860 - Water Utility 16,739 8,298 7,920 378 861 - Reclaimed Water 728 387 331 56 862 - Water Conservation Credit 17 16 8 8 863 - Water Capital Projects 606 305 7,288 (6,983) 864 - Water Debt Service Fund - 17 - 17 871 - Sanitary District 15,183 8,691 8,682 9 872 - CAMSAN Debt Service 1,368 978 961 17 873 - CAMSAN Capital Projects 675 485 2,480 (1,995) Total Revenues 49,640 24,084 33,400 (9,316) Expenses by Fund:
805 - Solid Waste 8,249 4,124 4,106 (18) 810 - Transit 5,480 1,867 1,600 (267) 815 - Camarillo Ranch Events 959 307 315 8 860 - Water Utility 21,679 9,954 10,068 114 861 - Reclaimed Water 1,204 237 208 (29) 862 - Water Conservation Credit 762 41 105 64 863 - Water Capital Projects 3,907 468 1,100 632 864 - Water Debt Service Fund 182 (401) 191 592 871 - Sanitary District 20,162 10,118 8,906 (1,212) 872 - CAMSAN Debt Service 511 259 271 12 873 - CAMSAN Capital Projects 5,584 795 543 (252) Total Expenses 68,679 27,769 27,413 (356) Income (Loss) Before Transfers (19,039) (3,685) 5,987 (9,672) Transfers in 10,105 9,866 203 9,663 Transfers out (10,000) (10,138) (189) (9,949) *Adjustment to net position (accrual method) 13,977 2,947 2,661 286 Changes in Net Position (4,957) (1,010) 8,662 (9,672) Net Position, Beginning of Year 208,126 208,126 202,037 6,089 Ending Net Position 203,169$ 207,116$ 210,699$ (3,583)$ *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 January 2024 (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$ 1,269$ 1,466$ (197)$ 530 - Information Systems 4,047 2,391 1,831 560 540 - Vehicles & Equipment 2,957 1,448 772 676 550 - City Hall Facility 3,761 3,296 1,765 1,531 551 - Corp Yard Facility 745 457 739 (282) 552 - Police Facility 1,165 2,013 212 1,801 553 - Library Facility 1,220 852 805 47 555 - Chamber of Commerce 1 2 1 1 Total Revenues 16,316 11,728 7,591 4,137 Expenses by Fund:
510 - Risk Management 2,454 2,223 2,030 (193) 530 - Information Systems 4,188 1,936 1,729 (207) 540 - Vehicles & Equipment 4,099 845 572 (273) 550 - City Hall Facility - 307 716 409 551 - Corp Yard Facility - 221 439 218 552 - Police Facility 58 79 217 138 553 - Library Facility 10 466 1,390 924 555 - Chamber of Commerce - 7 9 2 Total Expenses 10,809 6,084 7,102 1,018 Income (Loss) Before Transfers 5,507 5,644 489 5,155 Transfers in 380 - 73 (73) Transfers out - - - - *Adjustment to net position (accrual method) 3,509 752 733 19 Changes in Net Position 9,396 6,396 1,295 5,101 Net Position, Beginning of Year 35,367 35,367 35,964 (597) Ending Net Position 44,763$ 41,763$ 37,259$ 4,504$ *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 12,064,365 $
Total Disbursements 10,762,527 $
Fund Balances
Fund Type:
General Fund 91,827,647 $
Special Revenue Funds 29,950,926
Trust Funds * (43,062,170)
Debt Service Fund 501,355
Capital Projects Funds 20,632,928
Internal Service Funds 45,317,962
Enterprise Funds 212,121,654
Total Fund Balances 357,290,302$
* Successor Agency Fund fund balance includes outstanding bonds.
CITY OF CAMARILLO
Receipts, Disbursements, and Fund Balances
(CA State Govt. Code 41004)
Preliminary
Month Ended January 2024