City of Camarillo
Revenue & Expenditure Report
(Unaudited)
April 2024
Prepared By:
The Department of Finance
Current Actual Percentage of
Budget Year-to-Date Budget
2023/24 2023/24 2023/24
Revenues:
Sales Taxes 19,000,000$ 12,600,767$ 66.32% Property Taxes 19,498,684 10,782,343 55.30% Franchise Taxes 3,060,000 2,309,053 75.46% Business License Taxes 1,617,000 1,263,169 78.12% Transient Occupancy Taxes 3,366,000 2,367,051 70.32% Special Assessments 156,670 - 0.00% Licenses and permits 1,900,000 1,017,989 53.58% Subventions and grants 3,306,000 666,304 20.15% Charges for services 3,017,816 2,911,470 96.48% Investment Earnings 2,890,389 3,358,831 116.21% Fines and Forfeitures 343,000 351,214 102.39% Contributions and developer fees 41,476 90,449 218.08% Miscellaneous 2,233,327 2,094,844 93.80% Total Revenues 60,430,362 39,813,484 65.88% Expenditures:
General Government:
City Council 675,674 353,648 52.34% City Clerk 1,035,256 583,422 56.36% City Attorney 459,881 262,368 57.05% City Manager 2,889,770 1,765,296 61.09% Finance 2,002,998 1,415,401 70.66% Human Resources 803,751 457,380 56.91% Community Development 2,892,065 1,897,317 65.60% Community & Human Svcs 735,000 110,465 15.03% CIP Administration 503,963 539,657 107.08% Non-departmental 2,945,941 3,753,582 127.42% Total General Government 14,944,299 11,138,536 74.53%
CITY OF CAMARILLO
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE Month Ended April 2024
Percentage of Current Fiscal Year Elapsed: 83%
CITY OF CAMARILLO
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE Month Ended April 2024
Percentage of Current Fiscal Year Elapsed: 83%
Expenditures (continued):
Public Safety:
Emergency Operations 314,314 98,855 31.45% Code Compliance 941,208 695,539 73.90% Police Services 19,732,918 13,900,240 70.44% DART 35,686 29,104 81.56% Building & Safety 1,885,730 908,517 48.18% Total Public Safety 22,909,856 15,632,255 68.23% Highways and streets 9,134,193 5,908,471 64.69% Economic Development 681,397 508,624 74.64% Cultural arts and library services 5,613,411 3,681,019 65.58% Total Expenditures 53,283,156 36,868,905 69.19% Excess (Deficiency) of Revenues
Over (Under) Expenditures 7,147,206 2,944,579 41.20% Other Financing Sources (Uses):
Transfers in 2,025,810 1,315,603 64.94% Transfers out (11,240,881) (391,650) 3.48% Total Other Financing Sources (Uses): (9,215,071) 923,953 (10.03%) Net Change in Fund Balance (2,067,865) 3,868,532$ (187.08%) Fund Balance, Beginning of Year 91,561,603 91,561,603 Ending Fund Balance (Projected) 89,493,738$ 95,430,135$ *Beginning fund balance for FY 2021/22 is preliminary and based on preliminary FY 2020/21 ending fund balance.
Current Actual Percentage of
Budget Year-to-Date Budget
2023/24 2023/24 2023/24
Revenues by Fund:
220 - Lighting & Landscape MD 2,684,508$ 1,504,629$ 56.05% 221 - Zone 1-Mission Oaks MD1A 1,070,676 634,989 59.31% 222 - Zone 2-Wittenberg MD 31,060 19,185 61.77% 223 - Zone 3-Armitos Strm Basin 1,894 1,108 58.50% 224 - Zone 4-Mission Oaks In MD 54,336 29,914 55.05% 225 - Zone 5-Presley MD 18,645 10,240 54.92% 226 - Zone 6-Spanish Hills MD 22,111 13,822 62.51% 227 - Zone 7-Sares/Regis MD 8,065 4,847 60.10% 228 - Zone 8-Vista Las Posas MD 33,637 18,818 55.94% 230 - Zone 10-Adolfo Glen III MD 30,099 17,638 58.60% 231 - Zone 9-Adolfo Glen II MD 42,344 25,200 59.51% Total Revenues 3,997,375 2,280,390 57.05% Expenditures by Fund:
220 - Lighting & Landscape MD 6,063,003 4,444,061 73.30% 221 - Zone 1-Mission Oaks MD1A 1,334,964 899,590 67.39% 222 - Zone 2-Wittenberg MD 43,060 24,295 56.42% 223 - Zone 3-Armitos Strm Basin 5,658 2,505 44.27% 224 - Zone 4-Mission Oaks In MD 56,262 39,876 70.88% 225 - Zone 5-Presley MD 23,596 12,255 51.94% 226 - Zone 6-Spanish Hills MD 23,934 8,645 36.12% 227 - Zone 7-Sares/Regis MD 12,204 6,932 56.80% 228 - Zone 8-Vista Las Posas MD 42,604 25,556 59.98% 230 - Zone 10-Adolfo Glen III MD 34,388 23,190 67.44% 231 - Zone 9-Adolfo Glen II MD 45,616 34,717 76.11% Total Expenditures 7,685,289 5,521,622 71.85% Excess (Deficiency) of Revenues
Over (Under) Expenditures (3,687,914) (3,241,232) 87.89% Other Financing Sources (Uses):
Transfers in 3,382,495 13,679 0.40% Total Other Financing Sources (Uses): 3,382,495 13,679 0.40% Net Change in Fund Balance (305,419) (3,227,553)$ 1056.76% Fund Balance, Beginning of Year 1,832,000
Ending Fund Balance (Projected) 1,526,581$
Percentage of Current Fiscal Year Elapsed: 83%
MAINTENANCE DISTRICTS - SPECIAL REVENUE FUNDS
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Month Ended April 2024
CITY OF CAMARILLO
Current Actual Percentage of
Budget Year-to-Date Budget
2023/24 2023/24 2023/24
Revenues by Fund:
240 - SIBA Fund 59,101$ 117,330$ 198.52% 251 - Traffic Mitigation Fund 562,961 551,971 98.05% 252 - Bridge Policy Fund 14,432 26,724 185.17% 253 - Storm Drain Fund 340 852 250.59% 261 - Signals Fund 2,626 7,463 284.20% 262 - Underground Utilities Fund 4,058 10,754 265.01% 263 - Street Improvements Fund 29,598 78,478 265.15% 264 - Parking In-lieu Fund 1,045 249 23.83% Total Revenues 674,161 793,821 117.75% Excess (Deficiency) of Revenues
Over (Under) Expenditures 674,161 793,821 117.75% Other Financing Sources (Uses):
Transfers out (3,831,095) (1,276,072) 33.31% Total Other Financing Sources (Uses): (3,831,095) (1,276,072) 33.31% Net Change in Fund Balance (3,156,934) (482,251)$ 15.28% Fund Balance, Beginning of Year 19,898,000
Ending Fund Balance (Projected) 16,741,066$
DEVELOPMENT FEES - SPECIAL REVENUE FUNDS
Month Ended April 2024
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Percentage of Current Fiscal Year Elapsed: 83%
CITY OF CAMARILLO
Current Actual Percentage of
Budget Year-to-Date Budget
2023/24 2023/24 2023/24
Revenues by Fund:
410 - Capital Improv. Projects 6,285,352$ 15,147$ 0.24% 429 - Cam Corridor Prjs Area 50,337 15,299 30.39% 498 - Low-Mod Inc Hsng Asset 5,459 4,835 88.57% Total Revenues 6,341,148 35,281 0.56% Expenditures by Fund:
410 - Capital Improv. Projects 15,467,767 5,090,076 32.91% 429 - Cam Corridor Prjs Area 102,296 66 0.06% 498 - Low-Mod Inc Hsng Asset 61,450 14,307 23.28% Total Expenditures 15,631,513 5,104,449 32.65% Excess (Deficiency) of Revenues
Over (Under) Expenditures (9,290,365) (5,069,168) 54.56% Other Financing Sources (Uses):
Transfers in 17,810,745 4,269,939 23.97% Transfers out (407,319) (407,319) 100.00% Total Other Financing Sources (Uses): 17,403,426 3,862,620 22.19% Net Change in Fund Balance 8,113,061 (1,206,548)$ (14.87%) Fund Balance, Beginning of Year 19,525,000
Ending Fund Balance (Projected) 27,638,061$
CAPITAL PROJECTS FUNDS
Month Ended April 2024
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Percentage of Fiscal Year Elapsed: 83%
CITY OF CAMARILLO
Current Actual Percentage of
Budget Year-to-Date Budget
2023/24 2023/24 2023/24
Revenues by Fund:
207 - Article 8c TDA Fund 1,800,000$ 1,410,633$ 78.37% 208 - Article 8a TDA Fund 1,713,133 1,382,831 80.72% 209 - Article 3 TDA Fund 12,000 12,529 104.41% 210 - Gas Tax Fund 2,026,412 1,462,173 72.16% 211 - SB1 Fund 1,760,518 1,203,936 68.39% 275 - Air Quality Fund 428 4,077 952.57% 280 - CDBG Fund 677,153 657,950 97.16% 285 - Library Special Revenue 152,313 156,612 102.82% 286 - Cable PEG Fees 222,297 153,234 68.93% 321 - Library Debt Service - 19,576 0.00% Total Revenues 8,364,254 6,463,551 77.28% Expenditures by Fund:
280 - CDBG Fund 612,895 726,134 118.48% 285 - Library Special Revenue 299,055 244,062 81.61% 321 - Library Debt Service 489,938 412,180 84.13% Total Expenditures 1,401,888 1,382,376 98.61% Excess (Deficiency) of Revenues
Over (Under) Expenditures 6,962,366 5,081,175 72.98% Other Financing Sources (Uses):
Transfers in 489,938 662,121 135.14% Transfers out (10,134,693) (3,914,680) 38.63% Total Other Financing Sources (Uses): (9,644,755) (3,252,559) 33.72% Net Change in Fund Balance (2,682,389) 1,828,616$ (68.17%) Fund Balance, Beginning of Year 7,234,000
Ending Fund Balance (Projected) 4,551,611$
OTHER GOVERNMENTAL FUNDS
Month Ended April 2024
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Percentage of Current Fiscal Year Elapsed: 83%
CITY OF CAMARILLO
Current Actual Percentage of
Budget Year-to-Date Budget
2023/24 2023/24 2023/24
Revenues by Fund:
805 - Solid Waste 8,167,121$ 6,107,732$ 74.78% 810 - Transit 3,502,381 1,161,356 33.16% 815 - Camarillo Ranch Events 446,963 242,966 54.36% 860 - Water Utility 14,989,258 11,337,502 75.64% 861 - Reclaimed Water 728,287 578,623 79.45% 862 - Water Conservation Credit 16,788 26,523 157.99% 863 - Water Capital Projects 606,460 413,309 68.15% 864 - Water Debt Service Fund - 18,426 0.00% Subtotal Water Funds 16,340,793 12,374,383 75.73% 871 - Sanitary District 15,183,389 13,303,211 87.62% 872 - CAMSAN Debt Service 1,368,044 1,012,063 73.98% 873 - CAMSAN Capital Projects 674,804 798,035 118.26% Subtotal Sanitary District Funds 17,226,237 15,113,309 87.73% Grand Total Revenues 45,683,495 34,999,746 76.61% Expenses by Fund:
805 - Solid Waste 8,272,554 6,091,240 73.63% 810 - Transit 5,479,577 2,696,855 49.22% 815 - Camarillo Ranch Events 789,125 477,734 60.54% 860 - Water Utility 22,079,251 14,543,564 65.87% 861 - Reclaimed Water 773,896 312,830 40.42% 862 - Water Conservation Credit 762,394 61,715 8.09% 863 - Water Capital Projects 3,142,963 1,075,041 34.20% 864 - Water Debt Service Fund 182,425 (401,137) (219.89%) Subtotal Water Funds 26,940,929 15,592,013 57.87% 871 - Sanitary District 20,512,410 14,221,411 69.33% 872 - CAMSAN Debt Service 510,600 259,417 50.81% 873 - CAMSAN Capital Projects 5,843,567 1,364,810 23.36% Subtotal Sanitary District Funds 26,866,577 15,845,638 58.98% Grand Total Expenses 68,348,762 40,703,480 59.55% Income (Loss) Before Transfers (22,665,267) (5,703,734) 25.17% Transfers in 11,905,000 9,865,999 82.87% Transfers out (10,000,000) (10,137,620) 101.38% *Adjustment to net position (accrual method) 12,922,771 4,190,737 32.43% Changes in Net Position (7,837,496) (1,784,618)$ 22.77% Net Position, Beginning of Year 208,126,000
Ending Net Position (Projected) 200,288,504$
ENTERPRISE FUNDS
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION Month Ended April 2024
Percentage of Current Fiscal Year Elapsed: 83%
CITY OF CAMARILLO
Current Actual Percentage of
Budget Year-to-Date Budget
2023/24 2023/24 2023/24
Revenues by Fund:
510 - Risk Management 2,420,188$ 1,824,518$ 75.39% 530 - Information Systems 4,046,942 3,429,504 84.74% 540 - Vehicles & Equipment 2,956,553 2,203,320 74.52% Total Revenues 9,423,683 7,457,342 79.13% Expenses by Fund:
510 - Risk Management 2,584,168 2,382,119 92.18% 530 - Information Systems 4,188,110 2,490,600 59.47% 540 - Vehicles & Equipment 3,645,415 1,360,022 37.31% 550 - City Hall Facility - 87,124 0.00% 551 - Corp Yard Facility - 71,304 0.00% 552 - Police Facility - 85,687 0.00% 553 - Library Facility - 551,470 0.00% 555 - Chamber of Commerce - 9,502 0.00% Total Expenses 10,417,693 7,037,828 67.56% Income (Loss) Before Transfers (994,010) 419,514 (42.20%) Transfers in - - 0.00% *Adjustment to net position (accrual method) 2,988,372 543,931 18.20% Changes in Net Position 1,994,362 963,445$ 48.31% Net Position, Beginning of Year 35,367,000
Ending Net Position (Projected) 37,361,362$
INTERNAL SERVICE FUNDS
Month Ended April 2024
STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET POSITION Percentage of Fiscal Year Elapsed: 83%
CITY OF CAMARILLO
Total Receipts 7,969,072$
Total Disbursements 12,005,319$
Fund Balances
Fund Type:
General Fund 95,430,136$
Special Revenue Funds 29,786,421
Trust Funds * (44,054,160)
Debt Service Fund 507,612
Capital Projects Funds 20,138,253
Internal Service Funds 42,373,369
Enterprise Funds 210,100,578
Total Fund Balances 354,282,209$
* Successor Agency Fund fund balance includes outstanding bonds.
CITY OF CAMARILLO
Receipts, Disbursements, and Fund Balances
(CA State Govt. Code 41004)
Preliminary
Month Ended April 2024