City of Camarillo
Revenue & Expenditure Report
(Unaudited)
Preliminary June 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$ 17,676,689$ 93.04% Property Taxes 19,498,684 19,007,703 97.48% Franchise Taxes 3,060,000 2,806,490 91.72% Business License Taxes 1,617,000 1,601,569 99.05% Transient Occupancy Taxes 3,366,000 3,249,031 96.52% Special Assessments 156,670 - 0.00% Licenses and permits 1,900,000 1,226,454 64.55% Subventions and grants 3,306,000 780,974 23.62% Charges for services 3,017,816 3,302,837 109.44% Investment Earnings 2,890,389 3,445,650 119.21% Fines and Forfeitures 343,000 468,703 136.65% Contributions and developer fees 41,476 93,055 224.36% Miscellaneous 2,233,327 2,450,054 109.70% Total Revenues 60,430,362 56,109,209 92.85% Expenditures:
General Government:
City Council 675,674 471,777 69.82% City Clerk 1,035,256 759,832 73.40% City Attorney 459,881 477,394 103.81% City Manager 2,876,770 2,146,437 74.61% Finance 2,002,998 1,800,761 89.90% Human Resources 816,751 596,911 73.08% Community Development 2,892,065 2,471,470 85.46% Community & Human Svcs 735,000 178,822 24.33% CIP Administration 503,963 704,159 139.72% Non-departmental 2,945,941 1,775,807 60.28% Total General Government 14,944,299 11,383,370 76.17%
CITY OF CAMARILLO
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE Preliminary - Month Ended June 2024
Percentage of Current Fiscal Year Elapsed: 100%
Current Actual Percentage of
Budget Year-to-Date Budget
2023/24 2023/24 2023/24
CITY OF CAMARILLO
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE Preliminary - Month Ended June 2024
Percentage of Current Fiscal Year Elapsed: 100%
Expenditures (continued):
Public Safety:
Emergency Operations 314,314 126,954 40.39% Code Compliance 941,208 877,723 93.25% Police Services 19,732,918 19,038,605 96.48% DART 35,686 37,082 103.91% Building & Safety 1,885,730 1,316,196 69.80% Total Public Safety 22,909,856 21,396,560 93.39% Highways and streets 9,134,193 7,883,929 86.31% Economic Development 681,397 641,572 94.16% Cultural arts and library services 5,613,411 4,723,710 84.15% Total Expenditures 53,283,156 46,029,141 86.39% Excess (Deficiency) of Revenues
Over (Under) Expenditures 7,147,206 10,080,068 141.04% Other Financing Sources (Uses):
Transfers in 2,025,810 10,682,169 527.30% Transfers out (11,240,881) (455,650) 4.05% Total Other Financing Sources (Uses): (9,215,071) 10,226,519 (110.98%) Net Change in Fund Balance (2,067,865) 20,306,587$ (982.01%) Fund Balance, Beginning of Year 91,561,603 91,561,603 Ending Fund Balance (Projected) 89,493,738$ 111,868,190$ *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$ 2,665,980$ 99.31% 221 - Zone 1-Mission Oaks MD1A 1,070,676 1,120,410 104.65% 222 - Zone 2-Wittenberg MD 31,060 32,362 104.19% 223 - Zone 3-Armitos Strm Basin 1,894 1,901 100.37% 224 - Zone 4-Mission Oaks In MD 54,336 54,847 100.94% 225 - Zone 5-Presley MD 18,645 18,736 100.49% 226 - Zone 6-Spanish Hills MD 22,111 22,767 102.97% 227 - Zone 7-Sares/Regis MD 8,065 8,081 100.20% 228 - Zone 8-Vista Las Posas MD 33,637 33,549 99.74% 230 - Zone 10-Adolfo Glen III MD 30,099 30,999 102.99% 231 - Zone 9-Adolfo Glen II MD 42,344 43,272 102.19% Total Revenues 3,997,375 4,032,904 100.89% Expenditures by Fund:
220 - Lighting & Landscape MD 6,063,003 5,611,533 92.55% 221 - Zone 1-Mission Oaks MD1A 1,334,964 1,143,840 85.68% 222 - Zone 2-Wittenberg MD 43,060 31,681 73.57% 223 - Zone 3-Armitos Strm Basin 5,658 4,920 86.96% 224 - Zone 4-Mission Oaks In MD 56,262 46,383 82.44% 225 - Zone 5-Presley MD 23,596 17,133 72.61% 226 - Zone 6-Spanish Hills MD 23,934 13,548 56.61% 227 - Zone 7-Sares/Regis MD 12,204 11,737 96.17% 228 - Zone 8-Vista Las Posas MD 42,604 32,642 76.62% 230 - Zone 10-Adolfo Glen III MD 34,388 26,803 77.94% 231 - Zone 9-Adolfo Glen II MD 45,616 39,210 85.96% Total Expenditures 7,685,289 6,979,430 90.82% Excess (Deficiency) of Revenues
Over (Under) Expenditures (3,687,914) (2,946,526) 79.90% Other Financing Sources (Uses):
Transfers in 3,382,495 14,179 0.42% Total Other Financing Sources (Uses): 3,382,495 14,179 0.42% Net Change in Fund Balance (305,419) (2,932,347)$ 960.11% Fund Balance, Beginning of Year 1,832,000
Ending Fund Balance (Projected) 1,526,581$
Percentage of Current Fiscal Year Elapsed: 100%
MAINTENANCE DISTRICTS - SPECIAL REVENUE FUNDS
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Preliminary - Month Ended June 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 1,649,218 292.95% 252 - Bridge Policy Fund 14,432 28,965 200.70% 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 1,893,309 280.84% Excess (Deficiency) of Revenues
Over (Under) Expenditures 674,161 1,893,309 280.84% Other Financing Sources (Uses):
Transfers out (3,831,095) (1,531,614) 39.98% Total Other Financing Sources (Uses): (3,831,095) (1,531,614) 39.98% Net Change in Fund Balance (3,156,934) 361,695$ (11.46%) Fund Balance, Beginning of Year 19,898,000
Ending Fund Balance (Projected) 16,741,066$
DEVELOPMENT FEES - SPECIAL REVENUE FUNDS
Preliminary - Month Ended June 2024
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Percentage of Current Fiscal Year Elapsed: 100%
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$ 48,626$ 0.77% 429 - Cam Corridor Prjs Area 50,337 15,559 30.91% 498 - Low-Mod Inc Hsng Asset 5,459 4,835 88.57% Total Revenues 6,341,148 69,020 1.09% Expenditures by Fund:
410 - Capital Improv. Projects 15,567,767 8,302,931 53.33% 429 - Cam Corridor Prjs Area 102,296 52,741 51.56% 498 - Low-Mod Inc Hsng Asset 61,450 14,839 24.15% Total Expenditures 15,731,513 8,370,511 53.21% Excess (Deficiency) of Revenues
Over (Under) Expenditures (9,390,365) (8,301,491) 88.40% Other Financing Sources (Uses):
Transfers in 17,810,745 5,057,164 28.39% Transfers out (407,319) (407,319) 100.00% Total Other Financing Sources (Uses): 17,403,426 4,649,845 26.72% Net Change in Fund Balance 8,013,061 (3,651,646)$ (45.57%) Fund Balance, Beginning of Year 19,525,000
Ending Fund Balance (Projected) 27,538,061$
CAPITAL PROJECTS FUNDS
Preliminary - Month Ended June 2024
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Percentage of Fiscal Year Elapsed: 100%
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$ 1,810,633$ 100.59% 208 - Article 8a TDA Fund 1,713,133 1,756,401 102.53% 209 - Article 3 TDA Fund 12,000 12,529 104.41% 210 - Gas Tax Fund 2,026,412 1,948,694 96.16% 211 - SB1 Fund 1,760,518 1,675,596 95.18% 275 - Air Quality Fund 428 4,077 952.57% 280 - CDBG Fund 677,153 719,154 106.20% 285 - Library Special Revenue 152,313 156,612 102.82% 286 - Cable PEG Fees 222,297 204,675 92.07% 321 - Library Debt Service - 26,039 0.00% Total Revenues 8,364,254 8,314,410 99.40% Expenditures by Fund:
280 - CDBG Fund 612,895 851,050 138.86% 285 - Library Special Revenue 299,055 264,906 88.58% 321 - Library Debt Service 489,938 487,918 99.59% Total Expenditures 1,401,888 1,603,874 114.41% Excess (Deficiency) of Revenues
Over (Under) Expenditures 6,962,366 6,710,536 96.38% Other Financing Sources (Uses):
Transfers in 489,938 725,621 148.10% Transfers out (10,134,693) (4,911,763) 48.46% Total Other Financing Sources (Uses): (9,644,755) (4,186,142) 43.40% Net Change in Fund Balance (2,682,389) 2,524,394$ (94.11%) Fund Balance, Beginning of Year 7,234,000
Ending Fund Balance (Projected) 4,551,611$
OTHER GOVERNMENTAL FUNDS
Preliminary - Month Ended June 2024
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Percentage of Current Fiscal Year Elapsed: 100%
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$ 7,686,824$ 94.12% 810 - Transit 3,502,381 1,928,463 55.06% 815 - Camarillo Ranch Events 446,963 372,440 83.33% 860 - Water Utility 14,989,258 13,981,850 93.28% 861 - Reclaimed Water 728,287 684,173 93.94% 862 - Water Conservation Credit 16,788 26,523 157.99% 863 - Water Capital Projects 606,460 454,767 74.99% 864 - Water Debt Service Fund - 18,519 0.00% Subtotal Water Funds 16,340,793 15,165,832 92.81% 871 - Sanitary District 16,431,789 16,311,571 99.27% 872 - CAMSAN Debt Service 1,368,044 1,721,743 125.85% 873 - CAMSAN Capital Projects 674,804 798,035 118.26% Subtotal Sanitary District Funds 18,474,637 18,831,349 101.93% Grand Total Revenues 46,931,895 43,984,908 93.72% Expenses by Fund:
805 - Solid Waste 8,272,554 8,141,996 98.42% 810 - Transit 5,479,577 3,951,979 72.12% 815 - Camarillo Ranch Events 789,125 573,625 72.69% 860 - Water Utility 22,079,251 19,571,908 88.64% 861 - Reclaimed Water 773,896 476,434 61.56% 862 - Water Conservation Credit 762,394 79,019 10.36% 863 - Water Capital Projects 3,142,963 1,727,075 54.95% 864 - Water Debt Service Fund 182,425 (398,937) (218.69%) Subtotal Water Funds 26,940,929 21,455,499 79.64% 871 - Sanitary District 20,512,410 18,555,276 90.46% 872 - CAMSAN Debt Service 510,600 483,622 94.72% 873 - CAMSAN Capital Projects 5,943,567 2,040,713 34.33% Subtotal Sanitary District Funds 26,966,577 21,079,611 78.17% Grand Total Expenses 68,448,762 55,202,710 80.65% Income (Loss) Before Transfers (21,516,867) (11,217,802) 52.13% 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) 13,022,771 6,887,653 52.89% Changes in Net Position (6,589,096) (4,601,770)$ 69.84% Net Position, Beginning of Year 208,126,000
Ending Net Position (Projected) 201,536,904$
ENTERPRISE FUNDS
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION Preliminary - Month Ended June 2024
Percentage of Current Fiscal Year Elapsed: 100%
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$ 2,338,241$ 96.61% 530 - Information Systems 4,046,942 4,099,386 101.30% 540 - Vehicles & Equipment 2,956,553 2,860,718 96.76% Total Revenues 9,423,683 9,298,345 98.67% Expenses by Fund:
510 - Risk Management 2,584,168 2,484,850 96.16% 530 - Information Systems 4,188,110 3,220,213 76.89% 540 - Vehicles & Equipment 3,645,415 2,261,620 62.04% Total Expenses 10,417,693 7,966,683 76.47% Income (Loss) Before Transfers (994,010) 1,331,662 (133.97%) Transfers in - - 0.00% *Adjustment to net position (accrual method) 3,000,972 1,253,931 41.78% Changes in Net Position 2,006,962 (6,315,573)$ (314.68%) Net Position, Beginning of Year 35,367,000
Ending Net Position (Projected) 37,373,962$
INTERNAL SERVICE FUNDS
Preliminary - Month Ended June 2024
STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET POSITION Percentage of Fiscal Year Elapsed: 100%
CITY OF CAMARILLO
Total Receipts 12,810,389 $
Total Disbursements 13,368,525 $
Fund Balances
Fund Type:
General Fund 111,868,190 $
Special Revenue Funds 31,627,129
Trust Funds * (39,431,012)
Debt Service Fund 501,838
Capital Projects Funds 17,693,155
Internal Service Funds 10,953,270
Enterprise Funds 204,586,511
Total Fund Balances 337,799,081$
* Successor Agency Fund fund balance includes outstanding bonds.
CITY OF CAMARILLO
Receipts, Disbursements, and Fund Balances
(CA State Govt. Code 41004)
Preliminary
Month Ended June 2024