City of Camarillo
Revenue & Expenditure Report
(Unaudited)
February 2024
Prepared By:
The Department of Finance
GENERAL FUND
STATEMENT OF REVENUES,
EXPENDITURES, AND CHANGES IN FUND BALANCE
Month Ended February 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$ 9,776$ 9,876$ (100)$ Property Taxes 19,499 10,663 10,334 329 Franchise Taxes 3,060 1,034 1,027 7 Business License Taxes 1,617 1,045 1,063 (18) Transient Occupancy Taxes 3,366 1,903 1,904 (1) Special Assessments 157 - - - Licenses and permits 1,900 857 971 (114) Subventions and grants 3,306 666 153 513 Charges for services 3,018 2,531 2,691 (160) Investment Earnings 2,800 1,827 824 1,003 Fines and Forfeitures 343 245 230 15 Contributions and developer fees 41 57 82 (25) Miscellaneous 251 604 135 469 Total Revenues 58,358 31,208 29,290 1,918 Expenditures:
General Government:
City Council 676 289 710 421 City Clerk 1,035 462 480 18 City Attorney 460 221 205 (16) City Manager 3,625 1,243 1,331 88 Finance 2,003 1,149 1,180 31 Human Resources 804 327 336 9 Community Development 2,692 1,443 1,671 228 CIP Administration 504 446 127 (319) Non-departmental 5,540 6,345 36 (6,309) Total General Government 17,339 11,925 6,076 (5,849) Public Safety:
Emergency Operations 314 81 102 21 Code Compliance 941 549 526 (23) Police Services 19,733 10,573 10,006 (567) DART 36 22 5 (17) Building & Safety 1,771 687 738 51 Total Public Safety 22,795 11,912 11,377 (535) Highways and streets 9,134 4,480 4,658 178 Economic Development 681 392 912 520 Cultural arts and library services 5,613 2,887 3,688 801 Total Expenditures 55,562 31,596 26,711 (4,885) Excess (Deficiency) of Revenues
Over (Under) Expenditures 2,796 (388) 2,579 (2,967) Other Financing Sources (Uses):
Transfers in 2,026 1,019 1,105 (86) Transfers out (11,241) (392) (691) 299 Total Other Financing Sources (Uses): (9,215) 627 414 213 Net Change in Fund Balance (6,419) 239 2,993 (2,754) Fund Balance, Beginning of Year 91,571 91,571 86,781 4,790 Ending Fund Balance 85,152$ 91,810$ 89,774$ 2,036$ *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 February 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$ 1,499$ 1,480$ 19$ 221 - Zone 1-Mission Oaks MD1A 1,071 619 598 21 222 - 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 2,254 2,211 43 Expenditures by Fund:
220 - Lighting & Landscape MD 6,063 3,359 3,158 (201) 221 - Zone 1-Mission Oaks MD1A 1,335 614 582 (32) 222 - Zone 2-Wittenberg MD 43 17 17 - 223 - Zone 3-Armitos Strm Basin 6 2 4 2 224 - Zone 4-Mission Oaks In MD 56 28 27 (1) 225 - Zone 5-Presley MD 24 7 10 3 226 - Zone 6-Spanish Hills MD 24 6 7 1 227 - Zone 7-Sares/Regis MD 11 3 8 5 228 - Zone 8-Vista Las Posas MD 43 16 20 4 230 - Zone 10-Adolfo Glen III MD 34 16 16 - 231 - Zone 9-Adolfo Glen II MD 46 24 23 (1) Total Expenditures 7,685 4,092 3,872 (220) Excess (Deficiency) of Revenues
Over (Under) Expenditures (3,687) (1,838) (1,661) (177) 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) (1,824) (1,647) (177) Fund Balance, Beginning of Year 1,832 1,832 2,059 (227) Ending Fund Balance 1,527$ 8$ 412$ (404)$ *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 February 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 59$ 72$ 29$ 43$ 251 - Traffic Mitigation Fund 563 432 205 227 252 - Bridge Policy Fund 14 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 674 581 561 20 Excess (Deficiency) of Revenues
Over (Under) Expenditures 674 581 561 20 Other Financing Sources (Uses):
Transfers in - - - - Transfers out (3,831) (912) (272) (640) Total Other Financing Sources (Uses): (3,831) (912) (272) (640) Net Change in Fund Balance (3,157) (331) 289 (620) Fund Balance, Beginning of Year 19,898 19,898 20,490 (592) Ending Fund Balance 16,741$ 19,567$ 20,779$ (1,212)$ *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 February 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 15,448 3,834 2,062 (1,772) 429 - Cam Corridor Prjs Area 102 - 1 1 498 - Low-Mod Inc Hsng Asset 61 9 5 (4) Total Expenditures 15,611 3,843 2,068 (1,775) Excess (Deficiency) of Revenues
Over (Under) Expenditures (9,271) (3,826) (1,913) (1,913) Other Financing Sources (Uses):
Transfers in 17,771 3,853 1,841 2,012 Transfers out (407) (407) - (407) Total Other Financing Sources (Uses): 17,364 3,446 1,841 1,605 Net Change in Fund Balance 8,093 (380) (72) (308) Fund Balance, Beginning of Year 19,525 19,525 19,746 (221) Ending Fund Balance 27,618$ 19,145$ 19,674$ (529)$ *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 February 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 8a TDA Fund 1,713$ 982$ 888$ 94$ 209 - Article 3 TDA Fund 12 13 12 1 210 - Gas Tax Fund 2,026 1,171 1,105 66 211 - SB1 Fund 1,761 899 786 113 275 - Air Quality Fund - 2 1 1 280 - CDBG Fund 677 66 312 (246) 285 - Library Special Revenue 152 151 342 (191) 286 - Cable PEG Fees 222 130 110 20 321 - Library Debt Service - 15 8 7 Total Revenues 6,563 3,429 3,564 (135) Expenditures by Fund:
208 - Article 8a TDA Fund - - - - 209 - Article 3 TDA Fund - - - - 210 - Gas Tax Fund - - - - 211 - SB1 Fund - - - - 275 - Air Quality Fund - - - - 280 - CDBG Fund 613 93 126 33 285 - Library Special Revenue 299 222 166 (56) 286 - Cable PEG Fees - - - - 321 - Library Debt Service 490 412 411 (1) Total Expenditures 1,402 727 703 (24) Excess (Deficiency) of Revenues
Over (Under) Expenditures 5,161 2,702 2,861 (159) Other Financing Sources (Uses):
Transfers in 490 391 409 (18) Transfers out (8,335) (3,565) (2,498) (1,067) Total Other Financing Sources (Uses): (7,845) (3,174) (2,089) (1,085) Net Change in Fund Balance (2,684) (472) 772 (1,244) Fund Balance, Beginning of Year 7,234 7,234 5,973 1,261 Ending Fund Balance 4,550$ 6,762$ 6,745$ 17$ *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 February 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 8,167$ 4,775$ 4,680$ 95$ 810 - Transit 3,502 1,138 1,614 (476) 815 - Camarillo Ranch Events 447 188 322 (134) 860 - Water Utility 14,989 9,349 8,768 581 861 - Reclaimed Water 728 437 353 84 862 - Water Conservation Credit 17 16 8 8 863 - Water Capital Projects 606 343 7,288 (6,945) 864 - Water Debt Service Fund - 17 - 17 871 - Sanitary District 15,183 10,099 9,957 142 872 - CAMSAN Debt Service 1,368 991 961 30 873 - CAMSAN Capital Projects 675 510 2,480 (1,970) Total Revenues 45,682 27,863 36,431 (8,568) Expenses by Fund:
805 - Solid Waste 8,273 4,800 4,779 (21) 810 - Transit 5,480 2,144 1,856 (288) 815 - Camarillo Ranch Events 789 343 387 44 860 - Water Utility 22,079 11,719 11,293 (426) 861 - Reclaimed Water 774 268 228 (40) 862 - Water Conservation Credit 762 46 114 68 863 - Water Capital Projects 3,143 539 1,296 757 864 - Water Debt Service Fund 182 (401) 191 592 871 - Sanitary District 20,512 11,720 10,065 (1,655) 872 - CAMSAN Debt Service 511 259 271 12 873 - CAMSAN Capital Projects 5,392 880 650 (230) Total Expenses 67,897 32,317 31,130 (1,187) Income (Loss) Before Transfers (22,215) (4,454) 5,301 (9,755) Transfers in 11,905 9,866 203 9,663 Transfers out (10,000) (10,138) (189) (9,949) *Adjustment to net position (accrual method) 12,472 3,140 3,016 124 Changes in Net Position (7,838) (1,586) 8,331 (9,917) Net Position, Beginning of Year 208,126 208,126 202,037 6,089 Ending Net Position 200,288$ 206,540$ 210,368$ (3,828)$ *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 February 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$ 1,454$ 1,670$ (216)$ 530 - Information Systems 4,047 2,726 2,089 637 540 - Vehicles & Equipment 2,957 1,678 889 789 550 - City Hall Facility 3,761 3,296 2,015 1,281 551 - Corp Yard Facility 745 457 843 (386) 552 - Police Facility 1,165 2,013 241 1,772 553 - Library Facility 1,220 852 964 (112) 555 - Chamber of Commerce 1 2 1 1 Total Revenues 16,316 12,478 8,712 3,766 Expenses by Fund:
510 - Risk Management 2,584 2,273 2,077 (196) 530 - Information Systems 4,188 2,135 2,005 (130) 540 - Vehicles & Equipment 3,645 1,199 730 (469) 550 - City Hall Facility - 329 833 504 551 - Corp Yard Facility - 239 471 232 552 - Police Facility 10 100 240 140 553 - Library Facility 10 604 1,524 920 555 - Chamber of Commerce - 10 10 - Total Expenses 10,437 6,889 7,890 1,001 Income (Loss) Before Transfers 5,879 5,589 822 4,767 Transfers in 40 - 92 (92) Transfers out - - - - *Adjustment to net position (accrual method) 3,008 976 931 45 Changes in Net Position 8,927 6,565 1,845 4,720 Net Position, Beginning of Year 35,367 35,367 35,964 (597) Ending Net Position 44,294$ 41,932$ 37,809$ 4,123$ *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 8,365,830$
Total Disbursements 7,915,433$
Fund Balances
Fund Type:
General Fund 91,811,338$
Special Revenue Funds 30,317,512
Trust Funds * (43,060,709)
Debt Service Fund 503,972
Capital Projects Funds 20,964,185
Internal Service Funds 45,264,186
Enterprise Funds 211,350,903
Total Fund Balances 357,151,387$
* Successor Agency Fund fund balance includes outstanding bonds.
CITY OF CAMARILLO
Receipts, Disbursements, and Fund Balances
(CA State Govt. Code 41004)
Preliminary
Month Ended February 2024