City of Camarillo
Revenue & Expenditure Report
(Unaudited)
Quarter Ended September 2024
Prepared By:
The Department of Finance
Current Actual Percentage of
Budget Year-to-Date Budget
2024/25 2024/25 2024/25
Revenues:
Sales Taxes 19,500,000$ 1,563,370 $ 8.02% Property Taxes 19,940,000 77,723 0.39% Franchise Taxes 3,204,199 81,048 2.53% Business License Taxes 1,650,000 381,319 23.11% Transient Occupancy Taxes 3,434,000 590,511 17.20% Special Assessments 156,670 - 0.00% Licenses and permits 2,300,000 638,988 27.78% Subventions and grants 3,063,982 110,079 3.59% Charges for services 2,413,647 464,065 19.23% Investment Earnings 2,840,000 293,737 10.34% Fines and Forfeitures 343,000 42,810 12.48% Contributions and developer fees 41,476 5,856 14.12% Miscellaneous 1,765,488 446,581 25.30% Total Revenues 60,652,462 4,696,087 7.74% Expenditures:
General Government:
City Council 735,620 152,371 20.71% City Clerk 951,109 161,751 17.01% City Attorney 521,976 7,361 1.41% City Manager 2,808,207 275,718 9.82% Finance 2,175,601 394,716 18.14% Human Resources 901,237 183,376 20.35% Community Development 4,165,118 583,863 14.02% Community & Human Svcs 772,380 115,432 14.94% CIP Administration 589,051 229,716 39.00% Non-departmental 3,308,712 443,214 13.40% Total General Government 16,929,011 2,547,518 15.05%
CITY OF CAMARILLO
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE Preliminary - Quarter Ended September 2024
Percentage of Current Fiscal Year Elapsed: 25%
Current Actual Percentage of
Budget Year-to-Date Budget
2024/25 2024/25 2024/25
CITY OF CAMARILLO
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE Preliminary - Quarter Ended September 2024
Percentage of Current Fiscal Year Elapsed: 25%
Expenditures (continued):
Public Safety:
Emergency Operations 309,851 36,017 11.62% Code Compliance 1,207,365 203,586 16.86% Police Services 21,875,638 3,075,830 14.06% DART 40,686 4,265 10.48% Building & Safety 2,147,482 149,594 6.97% Total Public Safety 25,581,022 3,469,292 13.56% Highways and streets 10,664,233 1,703,984 15.98% Economic Development 634,667 118,836 18.72% Cultural arts and library services 5,840,990 686,260 11.75% Total Expenditures 59,649,923 8,525,890 14.29% Excess (Deficiency) of Revenues
Over (Under) Expenditures 1,002,539 (3,829,803) -382.01% Other Financing Sources (Uses):
Transfers in 2,373,003 371,268 15.65% Transfers out (4,628,184) - 0.00% Total Other Financing Sources (Uses): (2,255,181) 371,268 (16.46%) Net Change in Fund Balance (1,252,642) (3,458,535) $ 276.10% Fund Balance, Beginning of Year 111,868,189 109,522,918 Ending Fund Balance (Projected) 110, 615,547$ 106,064,383$ *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
2024/25 2024/25 2024/25
Revenues by Fund:
220 - Lighting & Landscape MD 2,769,421$ - $ 0.00% 221 - Zone 1-Mission Oaks MD1A 1,070,676 - 0.00% 222 - Zone 2-Wittenberg MD 31,060 - 0.00% 223 - Zone 3-Armitos Strm Basin 1,894 - 0.00% 224 - Zone 4-Mission Oaks In MD 56,408 - 0.00% 225 - Zone 5-Presley MD 20,895 - 0.00% 226 - Zone 6-Spanish Hills MD 22,111 - 0.00% 227 - Zone 7-Sares/Regis MD 8,831 - 0.00% 228 - Zone 8-Vista Las Posas MD 36,277 - 0.00% 230 - Zone 10-Adolfo Glen III MD 30,099 - 0.00% 231 - Zone 9-Adolfo Glen II MD 42,344 - 0.00% Total Revenues 4,090,016 - 0.00% Expenditures by Fund:
220 - Lighting & Landscape MD 6,445,130 950,438 14.75% 221 - Zone 1-Mission Oaks MD1A 1,431,938 237,243 16.57% 222 - Zone 2-Wittenberg MD 44,448 7,494 16.86% 223 - Zone 3-Armitos Strm Basin 6,028 677 11.23% 224 - Zone 4-Mission Oaks In MD 60,613 12,075 19.92% 225 - Zone 5-Presley MD 26,575 3,269 12.30% 226 - Zone 6-Spanish Hills MD 25,379 3,148 12.40% 227 - Zone 7-Sares/Regis MD 11,960 1,433 11.98% 228 - Zone 8-Vista Las Posas MD 45,003 7,783 17.29% 230 - Zone 10-Adolfo Glen III MD 36,703 6,967 18.98% 231 - Zone 9-Adolfo Glen II MD 47,485 10,722 22.58% Total Expenditures 8,181,262 1,241,249 15.17% Excess (Deficiency) of Revenues
Over (Under) Expenditures (4,091,246) (1,241,249) 30.34% Other Financing Sources (Uses):
Transfers in 3,631,274 - 0.00% Total Other Financing Sources (Uses): 3,631,274 - 0.00% Net Change in Fund Balance (459,972) (1,241,249) $ 269.85% Fund Balance, Beginning of Year 1,832,000
Ending Fund Balance (Projected) 1,372,028 $
Percentage of Current Fiscal Year Elapsed: 25%
MAINTENANCE DISTRICTS - SPECIAL REVENUE FUNDS
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Preliminary - Quarter Ended September 2024
CITY OF CAMARILLO
Current Actual Percentage of
Budget Year-to-Date Budget
2024/25 2024/25 2024/25
Revenues by Fund:
240 - SIBA Fund 59,101$ - $ 0.00% 251 - Traffic Mitigation Fund 1,461,037 726,225 49.71% 252 - Bridge Policy Fund 162,613 - 0.00% 253 - Storm Drain Fund 340 - 0.00% 261 - Signals Fund 2,626 - 0.00% 262 - Underground Utilities Fund 4,058 - 0.00% 263 - Street Improvements Fund 29,598 - 0.00% 264 - Parking In-lieu Fund 1,045 - 0.00% Total Revenues 1,720,418 726,225 42.21% Excess (Deficiency) of Revenues
Over (Under) Expenditures 1,720,418 726,225 42.21% Other Financing Sources (Uses):
Transfers out (3,187,773) - 0.00% Total Other Financing Sources (Uses): (3,187,773) - 0.00% Net Change in Fund Balance (1,467,355) 726,225 $ (49.49%) Fund Balance, Beginning of Year 19,898,000
Ending Fund Balance (Projected) 18,430,645$
DEVELOPMENT FEES - SPECIAL REVENUE FUNDS
Preliminary - Quarter Ended September 2024
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Percentage of Current Fiscal Year Elapsed: 25%
CITY OF CAMARILLO
Current Actual Percentage of
Budget Year-to-Date Budget
2024/25 2024/25 2024/25
Revenues by Fund:
410 - Capital Improv. Projects 384,286$ - $ 0.00% 429 - Cam Corridor Prjs Area 50,337 - 0.00% 498 - Low-Mod Inc Hsng Asset 5,459 - 0.00% Total Revenues 440,082 - 0.00% Expenditures by Fund:
410 - Capital Improv. Projects 25,988,317 1,008,506 3.88% 429 - Cam Corridor Prjs Area 51,130 248 0.49% 498 - Low-Mod Inc Hsng Asset 51,611 - 0.00% Total Expenditures 26,091,058 1,008,754 3.87% Excess (Deficiency) of Revenues
Over (Under) Expenditures (25,650,976) (1,008,754) 3.93% Other Financing Sources (Uses):
Transfers in 12,704,461 - 0.00% Transfers out (183,348) - 0.00% Total Other Financing Sources (Uses): 12,521,113 - 0.00% Net Change in Fund Balance (13,129,863) (1,008,754) $ 7.68% Fund Balance, Beginning of Year 19,525,000
Ending Fund Balance (Projected) 6,395,137 $
CAPITAL PROJECTS FUNDS
Preliminary - Quarter Ended September 2024
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Percentage of Current Fiscal Year Elapsed: 25%
CITY OF CAMARILLO
Current Actual Percentage of
Budget Year-to-Date Budget
2024/25 2024/25 2024/25
Revenues by Fund:
206 - SB125 Fund 227,000$ - $ 0.00% 207 - Article 8c TDA Fund 1,681,000 - 0.00% 208 - Article 8a TDA Fund 1,831,896 - 0.00% 209 - Article 3 TDA Fund 12,000 - 0.00% 210 - Gas Tax Fund 1,957,227 371,278 18.97% 211 - SB1 Fund 1,822,225 159,835 8.77% 275 - Air Quality Fund 428 - 0.00% 280 - CDBG Fund 916,500 - 0.00% 285 - Library Special Revenue 342,813 195,000 56.88% 286 - Cable PEG Fees 222,297 - 0.00% 321 - Library Debt Service - 4,147 0.00% Total Revenues 9,013,386 730,260 8.10% Expenditures by Fund:
206 - SB125 Fund 227,000 - 0.00% 280 - CDBG Fund 446,069 - 0.00% 285 - Library Special Revenue 302,481 - 0.00% 321 - Library Debt Service 494,515 - 0.00% Total Expenditures 1,470,065 - 0.00% Excess (Deficiency) of Revenues
Over (Under) Expenditures 7,543,321 730,260 9.68% Other Financing Sources (Uses):
Transfers in 493,970 - 0.00% Transfers out (13,349,343) (371,268) 2.78% Total Other Financing Sources (Uses): (12,855,373) (371,268) 2.89% Net Change in Fund Balance (5,312,052) 358,992 $ (6.76%) Fund Balance, Beginning of Year 7,234,000
Ending Fund Balance (Projected) 1,921,948 $
OTHER GOVERNMENTAL FUNDS
Preliminary - Quarter Ended September 2024
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Percentage of Current Fiscal Year Elapsed: 25%
CITY OF CAMARILLO
Current Actual Percentage of
Budget Year-to-Date Budget
2024/25 2024/25 2024/25
Revenues by Fund:
805 - Solid Waste 8,961,856$ 1,443,400 $ 16.11% 810 - Transit 2,322,925 105,797 4.55% 815 - Camarillo Ranch Events 446,963 57,148 12.79% 860 - Water Utility 17,546,972 4,170,900 23.77% 861 - Reclaimed Water 395,787 159,841 40.39% 862 - Water Conservation Credit 16,788 - 0.00% 863 - Water Capital Projects 482,349 - 0.00% 864 - Water Debt Service Fund - 62 0.00% Subtotal Water Funds 18,441,896 4,330,803 23.48% 871 - Sanitary District 18,689,069 3,599,127 19.26% 872 - CAMSAN Debt Service 1,368,044 305 0.02% 873 - CAMSAN Capital Projects 416,670 - 0.00% Subtotal Sanitary District Funds 20,473,783 3,599,432 17.58% Grand Total Revenues 50,647,423 9,536,580 18.83% Expenses by Fund:
805 - Solid Waste 9,150,010 1,397,715 15.28% 810 - Transit 4,868,051 719,947 14.79% 815 - Camarillo Ranch Events 794,983 332,079 41.77% 860 - Water Utility 23,683,888 4,281,256 18.08% 861 - Reclaimed Water 660,920 101,650 15.38% 862 - Water Conservation Credit 683,375 11,871 1.74% 863 - Water Capital Projects 6,649,048 84,332 1.27% 864 - Water Debt Service Fund 2,000 - 0.00% Subtotal Water Funds 31,679,231 4,479,109 14.14% 871 - Sanitary District 21,436,530 3,202,741 14.94% 872 - CAMSAN Debt Service 470,879 - 0.00% 873 - CAMSAN Capital Projects 8,836,661 560,521 6.34% Subtotal Sanitary District Funds 30,744,070 3,763,262 12.24% Grand Total Expenses 77,236,345 10,692,112 13.84% Income (Loss) Before Transfers (26,588,922) (1,155,532) 4.35% Transfers in 2,145,940 - 0.00% Transfers out - - 0.00% *Adjustment to net position (accrual method) 17,707,750 1,065,186 6.02% Changes in Net Position (6,735,232) (90,346) $ 1.34% Net Position, Beginning of Year 208,126,000
Ending Net Position (Projected) 201,390,768 $
ENTERPRISE FUNDS
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION Preliminary - Quarter Ended September 2024
Percentage of Current Fiscal Year Elapsed: 25%
CITY OF CAMARILLO
Current Actual Percentage of
Budget Year-to-Date Budget
2024/25 2024/25 2024/25
Revenues by Fund:
510 - Risk Management 2,657,256$ 613,544 $ 23.09% 530 - Information Systems 4,540,329 1,129,833 24.88% 540 - Vehicles & Equipment 2,956,553 511,487 17.30% Total Revenues 10,154,138 2,254,864 22.21% Expenses by Fund:
510 - Risk Management 2,654,777 2,116,739 79.73% 530 - Information Systems 5,720,904 981,129 17.15% 540 - Vehicles & Equipment 3,946,433 405,068 10.26% Total Expenses 12,322,114 3,502,936 28.43% Income (Loss) Before Transfers (2,167,976) (1,248,072) 57.57% Transfers in - - 0.00% *Adjustment to net position (accrual method) 3,774,428 252,422 6.69% Changes in Net Position 1,606,452 (995,650) $ (61.98%) Net Position, Beginning of Year 35,367,000
Ending Net Position (Projected) 36,973,452$
INTERNAL SERVICE FUNDS
Preliminary - Quarter Ended September 2024
STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET POSITION Percentage of Current Fiscal Year Elapsed: 25%
CITY OF CAMARILLO
Total Receipts 9,271,041 $
Total Disbursements 8,591,103 $
Fund Balances
Fund Type:
General Fund 106,064,382 $
Special Revenue Funds 31,587,945
Trust Funds * (38,756,776)
Debt Service Fund 505,985
Capital Projects Funds 25,955,281
Internal Service Funds 11,054,681
Enterprise Funds 215,236,198
Total Fund Balances 351,647,696 $
* Successor Agency Fund fund balance includes outstanding bonds.
CITY OF CAMARILLO
Receipts, Disbursements, and Fund Balances
(CA State Govt. Code 41004)
Preliminary
Month Ended September 2024