City of Camarillo
Revenue & Expenditure Report
(Unaudited)
October 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$ 3,013,388 $ 15.45% Property Taxes 19,940,000 107,006 0.54% Franchise Taxes 3,204,199 122,919 3.84% Business License Taxes 1,650,000 532,903 32.30% Transient Occupancy Taxes 3,434,000 856,400 24.94% Special Assessments 156,670 - 0.00% Licenses and permits 2,300,000 793,066 34.48% Subventions and grants 3,063,982 25,226 0.82% Charges for services 2,413,647 558,799 23.15% Investment Earnings 2,840,000 400,821 14.11% Fines and Forfeitures 343,000 79,851 23.28% Contributions and developer fees 41,476 10,003 24.12% Miscellaneous 1,765,488 627,658 35.55% Total Revenues 60,652,462 7,128,040 11.75% Expenditures:
General Government:
City Council 735,620 215,802 29.34% City Clerk 951,109 237,447 24.97% City Attorney 521,976 55,376 10.61% City Manager 2,808,207 398,549 14.19% Finance 2,175,601 575,584 26.46% Human Resources 901,237 263,048 29.19% Community Development 4,165,118 844,843 20.28% Community & Human Svcs 772,380 195,249 25.28% CIP Administration 589,051 337,150 57.24% Non-departmental 3,308,712 554,415 16.76% Total General Government 16,929,011 3,677,463 21.72%
CITY OF CAMARILLO
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE Preliminary - Month Ended October 2024
Percentage of Current Fiscal Year Elapsed: 33%
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 - Month Ended October 2024
Percentage of Current Fiscal Year Elapsed: 33%
Expenditures (continued):
Public Safety:
Emergency Operations 309,851 47,825 15.43% Code Compliance 1,207,365 289,202 23.95% Police Services 21,875,638 4,715,903 21.56% DART 40,686 6,771 16.64% Building & Safety 2,147,482 268,012 12.48% Total Public Safety 25,581,022 5,327,713 20.83% Highways and streets 10,664,233 2,372,785 22.25% Economic Development 634,667 154,509 24.34% Cultural arts and library services 5,840,990 1,584,069 27.12% Total Expenditures 59,649,923 13,116,539 21.99% Excess (Deficiency) of Revenues
Over (Under) Expenditures 1,002,539 (5,988,499) -597.33% 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) (5,617,231) $ 448.43% Fund Balance, Beginning of Year 111,868,189 109,522,918 Ending Fund Balance (Projected) 110, 615,547$ 103,905,687$ *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 1,648,275 25.57% 221 - Zone 1-Mission Oaks MD1A 1,431,938 311,657 21.76% 222 - Zone 2-Wittenberg MD 44,448 9,707 21.84% 223 - Zone 3-Armitos Strm Basin 6,028 916 15.20% 224 - Zone 4-Mission Oaks In MD 60,613 14,632 24.14% 225 - Zone 5-Presley MD 26,575 5,020 18.89% 226 - Zone 6-Spanish Hills MD 25,379 7,694 30.32% 227 - Zone 7-Sares/Regis MD 11,960 1,433 11.98% 228 - Zone 8-Vista Las Posas MD 45,003 10,352 23.00% 230 - Zone 10-Adolfo Glen III MD 36,703 8,048 21.93% 231 - Zone 9-Adolfo Glen II MD 47,485 12,013 25.30% Total Expenditures 8,181,262 2,029,747 24.81% Excess (Deficiency) of Revenues
Over (Under) Expenditures (4,091,246) (2,029,747) 49.61% 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) (2,029,747) $ 441.28% Fund Balance, Beginning of Year 1,832,000
Ending Fund Balance (Projected) 1,372,028 $
Percentage of Current Fiscal Year Elapsed: 33%
MAINTENANCE DISTRICTS - SPECIAL REVENUE FUNDS
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Preliminary - Month Ended October 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 - Month Ended October 2024
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Percentage of Current Fiscal Year Elapsed: 33%
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$ 45,598 $ 11.87% 429 - Cam Corridor Prjs Area 50,337 - 0.00% 498 - Low-Mod Inc Hsng Asset 5,459 - 0.00% Total Revenues 440,082 45,598 10.36% Expenditures by Fund:
410 - Capital Improv. Projects 25,988,317 2,593,636 9.98% 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 2,593,884 9.94% Excess (Deficiency) of Revenues
Over (Under) Expenditures (25,650,976) (2,548,286) 9.93% 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) (2,548,286) $ 19.41% Fund Balance, Beginning of Year 19,525,000
Ending Fund Balance (Projected) 6,395,137 $
CAPITAL PROJECTS FUNDS
Preliminary - Month Ended October 2024
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Percentage of Current Fiscal Year Elapsed: 33%
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 1,681,000 150,335 8.94% 208 - Article 8a TDA Fund 1,831,896 222,222 12.13% 209 - Article 3 TDA Fund 12,000 11,998 99.98% 210 - Gas Tax Fund 1,957,227 563,113 28.77% 211 - SB1 Fund 1,822,225 321,655 17.65% 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 1,468,470 16.29% Expenditures by Fund:
206 - SB125 Fund 227,000 - 0.00% 280 - CDBG Fund 446,069 27,054 6.06% 285 - Library Special Revenue 302,481 105,522 34.89% 321 - Library Debt Service 494,515 - 0.00% Total Expenditures 1,470,065 132,576 9.02% Excess (Deficiency) of Revenues
Over (Under) Expenditures 7,543,321 1,335,894 17.71% 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) 964,626 $ (18.16%) Fund Balance, Beginning of Year 7,234,000
Ending Fund Balance (Projected) 1,921,948 $
OTHER GOVERNMENTAL FUNDS
Preliminary - Month Ended October 2024
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Percentage of Current Fiscal Year Elapsed: 33%
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$ 2,152,983 $ 24.02% 810 - Transit 2,322,925 121,922 5.25% 815 - Camarillo Ranch Events 446,963 90,628 20.28% 860 - Water Utility 17,546,972 5,940,939 33.86% 861 - Reclaimed Water 395,787 211,699 53.49% 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 6,152,700 33.36% 871 - Sanitary District 18,689,069 5,221,624 27.94% 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 5,221,929 25.51% Grand Total Revenues 50,647,423 13,740,162 27.13% Expenses by Fund:
805 - Solid Waste 9,150,010 2,209,993 24.15% 810 - Transit 4,868,051 1,316,280 27.04% 815 - Camarillo Ranch Events 794,983 390,033 49.06% 860 - Water Utility 23,683,888 5,844,159 24.68% 861 - Reclaimed Water 660,920 182,843 27.66% 862 - Water Conservation Credit 683,375 17,196 2.52% 863 - Water Capital Projects 6,649,048 167,998 2.53% 864 - Water Debt Service Fund 2,000 2,750 137.50% Subtotal Water Funds 31,679,231 6,214,946 19.62% 871 - Sanitary District 21,436,530 4,351,794 20.30% 872 - CAMSAN Debt Service 470,879 2,665 0.57% 873 - CAMSAN Capital Projects 11,185,164 741,239 6.63% Subtotal Sanitary District Funds 33,092,573 5,095,698 15.40% Grand Total Expenses 79,584,848 15,226,950 19.13% Income (Loss) Before Transfers (28,937,425) (1,486,788) 5.14% Transfers in 2,145,940 - 0.00% Transfers out - - 0.00% *Adjustment to net position (accrual method) 20,056,253 1,675,086 8.35% Changes in Net Position (6,735,232) 188,298 $ (2.80%) 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 - Month Ended October 2024
Percentage of Current Fiscal Year Elapsed: 33%
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$ 823,697 $ 31.00% 530 - Information Systems 4,540,329 1,506,500 33.18% 540 - Vehicles & Equipment 2,956,553 735,115 24.86% Total Revenues 10,154,138 3,065,312 30.19% Expenses by Fund:
510 - Risk Management 2,654,777 2,150,843 81.02% 530 - Information Systems 5,720,904 1,457,762 25.48% 540 - Vehicles & Equipment 3,946,433 1,220,587 30.93% Total Expenses 12,322,114 4,829,192 39.19% Income (Loss) Before Transfers (2,167,976) (1,763,880) 81.36% Transfers in - - 0.00% *Adjustment to net position (accrual method) 3,774,428 991,338 26.26% Changes in Net Position 1,606,452 (772,542) $ (48.09%) Net Position, Beginning of Year 35,367,000
Ending Net Position (Projected) 36,973,452$
INTERNAL SERVICE FUNDS
Preliminary - Month Ended October 2024
STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET POSITION Percentage of Current Fiscal Year Elapsed: 33%
CITY OF CAMARILLO
Total Receipts 7,935,028 $
Total Disbursements 13,871,541 $
Fund Balances
Fund Type:
General Fund 103,905,689 $
Special Revenue Funds 31,405,080
Trust Funds * (38,756,776)
Debt Service Fund 505,985
Capital Projects Funds 24,415,749
Internal Service Funds 10,538,873
Enterprise Funds 214,904,943
Total Fund Balances 346,919,543 $
* Successor Agency Fund fund balance includes outstanding bonds.
CITY OF CAMARILLO
Receipts, Disbursements, and Fund Balances
(CA State Govt. Code 41004)
Preliminary
Month Ended October 2024