City of Camarillo
Revenue & Expenditure Report
(Unaudited)
February 2025
Prepared By:
The Department of Finance
Current Actual Percentage of
Budget Year-to-Date Budget
2024/25 2024/25 2024/25
Revenues:
Sales Taxes 18,920,000$ 9,669,307$ 51.11%
Property Taxes 20,346,312 11,479,383 56.42%
Franchise Taxes 3,204,199 964,960 30.12%
Business License Taxes 1,650,000 1,096,289 66.44%
Transient Occupancy Taxes 3,434,000 1,854,125 53.99% Special Assessments 156,670 - 0.00%
Licenses and permits 2,300,000 1,531,489 66.59%
Subventions and grants 3,063,982 472,343 15.42%
Charges for services 1,996,147 1,538,240 77.06%
Investment Earnings 3,705,000 2,513,289 67.84%
Fines and Forfeitures 343,000 201,711 58.81%
Contributions and developer fees 41,476 37,225 89.75% Miscellaneous 1,765,488 1,239,332 70.20%
Total Revenues 60,926,274 32,597,693 53.50%
Expenditures:
General Government:
City Council 735,620 380,231 51.69%
City Clerk 951,109 482,647 50.75%
City Attorney 521,976 166,487 31.90%
City Manager 2,808,207 1,175,452 41.86%
Finance 2,175,601 1,196,031 54.97%
Human Resources 956,237 537,558 56.22%
Community Development 4,287,643 2,189,720 51.07%
Community & Human Svcs 772,380 439,597 56.91%
CIP Administration 589,051 816,167 138.56%
Non-departmental 3,364,312 1,525,437 45.34%
Total General Government 17,162,136 8,909,327 51.91%
CITY OF CAMARILLO
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE Preliminary - Month Ended February 2025
Percentage of Current Fiscal Year Elapsed: 67%
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 February 2025
Percentage of Current Fiscal Year Elapsed: 67%
Expenditures (continued):
Public Safety:
Emergency Operations 309,851 104,972 33.88%
Code Compliance 1,207,365 676,796 56.06%
Police Services 21,875,638 11,283,208 51.58%
Police Grants 111,348 12,327 11.07%
Building & Safety 2,147,482 731,005 34.04%
Total Public Safety 25,651,684 12,808,308 49.93%
Highways and streets 10,664,233 5,275,959 49.47%
Economic Development 634,667 363,714 57.31%
Cultural arts and library services 5,840,990 2,972,369 50.89% Total Expenditures 59,953,710 30,329,677 50.59%
Excess (Deficiency) of Revenues
Over (Under) Expenditures 972,564 2,268,016 233.20% Other Financing Sources (Uses):
Transfers in 2,373,003 915,269 38.57%
Transfers out (4,628,184) (410,300) 8.87%
Total Other Financing Sources (Uses): (2,255,181) 504,969 (22.39%) Net Change in Fund Balance (1,282,617) 2,772,985$ (216.20%) Fund Balance, Beginning of Year 109,522,919
Ending Fund Balance (Projected) 108,240,302$
*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$ 1,570,849$ 56.72% 221 - Zone 1-Mission Oaks MD1A 1,070,676 646,681 60.40% 222 - Zone 2-Wittenberg MD 31,060 18,563 59.76% 223 - Zone 3-Armitos Strm Basin 1,894 1,174 61.99% 224 - Zone 4-Mission Oaks In MD 56,408 30,755 54.52% 225 - Zone 5-Presley MD 20,895 11,675 55.87%
226 - Zone 6-Spanish Hills MD 22,111 14,260 64.49% 227 - Zone 7-Sares/Regis MD 8,831 4,696 53.18%
228 - Zone 8-Vista Las Posas MD 36,277 20,765 57.24% 230 - Zone 10-Adolfo Glen III MD 30,099 17,127 56.90% 231 - Zone 9-Adolfo Glen II MD 42,344 24,768 58.49% Total Revenues 4,090,016 2,361,313 57.73%
Expenditures by Fund:
220 - Lighting & Landscape MD 6,445,130 3,634,395 56.39% 221 - Zone 1-Mission Oaks MD1A 1,431,938 747,310 52.19% 222 - Zone 2-Wittenberg MD 44,448 22,593 50.83% 223 - Zone 3-Armitos Strm Basin 6,028 2,044 33.91% 224 - Zone 4-Mission Oaks In MD 60,613 35,824 59.10% 225 - Zone 5-Presley MD 26,575 10,963 41.25%
226 - Zone 6-Spanish Hills MD 25,379 15,383 60.61% 227 - Zone 7-Sares/Regis MD 11,960 5,542 46.34%
228 - Zone 8-Vista Las Posas MD 45,003 23,428 52.06% 230 - Zone 10-Adolfo Glen III MD 36,703 19,898 54.21% 231 - Zone 9-Adolfo Glen II MD 47,485 30,206 63.61% Total Expenditures 8,181,262 4,547,586 55.59%
Excess (Deficiency) of Revenues
Over (Under) Expenditures (4,091,246) (2,186,273) 53.44% Other Financing Sources (Uses):
Transfers in 3,631,274 12,898 0.36%
Total Other Financing Sources (Uses): 3,631,274 12,898 0.36% Net Change in Fund Balance (459,972) (2,173,375)$ 472.50% Fund Balance, Beginning of Year 1,803,694
Ending Fund Balance (Projected) 1,343,722$
Percentage of Current Fiscal Year Elapsed: 67%
MAINTENANCE DISTRICTS - SPECIAL REVENUE FUNDS
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Preliminary - Month Ended February 2025
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$ 90,220$ 152.65%
251 - Traffic Mitigation Fund 996,416 972,574 97.61% 252 - Bridge Policy Fund 22,432 24,269 108.19%
253 - Storm Drain Fund 340 660 194.12%
261 - Signals Fund 2,626 5,782 220.18%
262 - Underground Utilities Fund 4,058 29,782 733.91% 263 - Street Improvements Fund 29,598 60,803 205.43% 264 - Parking In-lieu Fund 1,045 193 18.47%
Total Revenues 1,115,616 1,184,283 106.16%
Excess (Deficiency) of Revenues
Over (Under) Expenditures 1,115,616 1,184,283 106.16% Other Financing Sources (Uses):
Transfers out (3,420,229) - 0.00%
Total Other Financing Sources (Uses): (3,420,229) - 0.00% Net Change in Fund Balance (2,304,613) 1,184,283$ (51.39%) Fund Balance, Beginning of Year 22,098,173
Ending Fund Balance (Projected) 19,793,560$
DEVELOPMENT FEES - SPECIAL REVENUE FUNDS
Preliminary - Month Ended February 2025
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Percentage of Current Fiscal Year Elapsed: 67%
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 6,310,084$ 890,598$ 14.11% 429 - Cam Corridor Prjs Area 50,337 869 1.73%
498 - Low-Mod Inc Hsng Asset 5,459 3,231 59.19%
Total Revenues 6,365,880 894,698 14.05%
Expenditures by Fund:
410 - Capital Improv. Projects 26,320,773 7,240,899 27.51% 429 - Cam Corridor Prjs Area 51,130 248 0.49%
498 - Low-Mod Inc Hsng Asset 51,611 5,000 9.69%
Total Expenditures 26,423,514 7,246,147 27.42%
Excess (Deficiency) of Revenues
Over (Under) Expenditures (20,057,634) (6,351,449) 31.67% Other Financing Sources (Uses):
Transfers in 12,936,917 - 0.00%
Transfers out (183,348) - 0.00%
Total Other Financing Sources (Uses): 12,753,569 - 0.00% Net Change in Fund Balance (7,304,065) (6,351,449)$ 86.96% Fund Balance, Beginning of Year 26,964,034
Ending Fund Balance (Projected) 19,659,969$
CAPITAL PROJECTS FUNDS
Preliminary - Month Ended February 2025
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Percentage of Current Fiscal Year Elapsed: 67%
CITY OF CAMARILLO
Current Actual Percentage of
Budget Year-to-Date Budget
2024/25 2024/25 2024/25
Revenues by Fund:
206 - SB125 Fund 700,000$ 700,000$ 100.00%
207 - Article 8c TDA Fund 1,899,000 616,014 32.44%
208 - Article 8a TDA Fund 2,031,896 932,297 45.88%
209 - Article 3 TDA Fund 12,000 11,998 99.98%
210 - Gas Tax Fund 2,007,256 1,256,443 62.60%
211 - SB1 Fund 1,822,225 1,030,625 56.56%
275 - Air Quality Fund 428 3,159 738.08%
280 - CDBG Fund 959,307 54,319 5.66%
285 - Library Special Revenue 342,813 346,246 101.00% 286 - Cable PEG Fees 222,297 106,399 47.86%
321 - Library Debt Service - 12,787 0.00%
Total Revenues 9,997,222 5,070,287 50.72%
Expenditures by Fund:
206 - SB125 Fund 448,404 - 0.00%
280 - CDBG Fund 446,069 496,649 111.34%
285 - Library Special Revenue 302,481 216,242 71.49% 321 - Library Debt Service 494,515 421,363 85.21%
Total Expenditures 1,691,469 1,134,254 67.06%
Excess (Deficiency) of Revenues
Over (Under) Expenditures 8,305,753 3,936,033 47.39% Other Financing Sources (Uses):
Transfers in 493,970 408,000 82.60%
Transfers out (13,567,343) (927,267) 6.83%
Total Other Financing Sources (Uses): (13,073,373) (519,267) 3.97% Net Change in Fund Balance (4,767,620) 3,416,766$ (71.67%) Fund Balance, Beginning of Year 8,348,095
Ending Fund Balance (Projected) 3,580,475$
OTHER GOVERNMENTAL FUNDS
Preliminary - Month Ended February 2025
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES Percentage of Current Fiscal Year Elapsed: 67%
CITY OF CAMARILLO
Current Actual Percentage of
Budget Year-to-Date Budget
2024/25 2024/25 2024/25
Revenues by Fund:
805 - Solid Waste 8,978,432$ 5,138,496$ 57.23%
810 - Transit 3,119,219 1,271,960 40.78%
815 - Camarillo Ranch Events 446,963 223,683 50.05% 860 - Water Utility 18,543,972 11,933,927 64.35%
861 - Reclaimed Water 395,787 569,960 144.01%
862 - Water Conservation Credit 16,788 19,317 115.06% 863 - Water Capital Projects 482,349 137,030 28.41% 864 - Water Debt Service Fund - 3,489 0.00%
Subtotal Water Funds 19,438,896 12,663,723 65.15%
871 - Sanitary District 20,322,411 12,358,407 60.81% 872 - CAMSAN Debt Service 1,368,044 1,049,690 76.73% 873 - CAMSAN Capital Projects 416,670 518,550 124.45% Subtotal Sanitary District Funds 22,107,125 13,926,647 63.00% Grand Total Revenues 54,090,635 33,224,509 61.42%
Expenses by Fund:
805 - Solid Waste 9,150,010 5,136,606 56.14%
810 - Transit 5,068,051 2,339,608 46.16%
815 - Camarillo Ranch Events 794,983 541,310 68.09% 860 - Water Utility 24,726,628 14,896,060 60.24%
861 - Reclaimed Water 660,920 363,963 55.07%
862 - Water Conservation Credit 683,375 40,124 5.87% 863 - Water Capital Projects 6,788,272 320,595 4.72% 864 - Water Debt Service Fund 2,000 2,750 137.50%
Subtotal Water Funds 32,861,195 15,623,492 47.54%
871 - Sanitary District 21,271,530 10,697,534 50.29% 872 - CAMSAN Debt Service 470,879 236,287 50.18%
873 - CAMSAN Capital Projects 14,495,724 1,278,377 8.82% Subtotal Sanitary District Funds 36,238,133 12,212,198 33.70% Grand Total Expenses 84,112,372 35,853,214 42.63%
Income (Loss) Before Transfers (30,021,737) (2,628,705) 8.76% Transfers in 2,363,940 1,400 0.06%
Transfers out - - 0.00%
*Adjustment to net position (accrual method) 23,501,535 - 0.00% Changes in Net Position (4,156,262) (2,627,305)$ 63.21% Net Position, Beginning of Year 216,435,127
Ending Net Position (Projected) 212,278,865$
ENTERPRISE FUNDS
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN NET POSITION Preliminary - Month Ended February 2025
Percentage of Current Fiscal Year Elapsed: 67%
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$ 1,658,394$ 62.41%
530 - Information Systems 4,540,329 3,085,154 67.95% 540 - Vehicles & Equipment 2,956,553 1,768,970 59.83% Total Revenues 10,154,138 6,512,518 64.14%
Expenses by Fund:
510 - Risk Management 2,728,447 2,400,309 87.97%
530 - Information Systems 6,282,342 2,936,196 46.74% 540 - Vehicles & Equipment 3,946,433 1,379,851 34.96% Total Expenses 12,957,222 6,716,356 51.83%
Income (Loss) Before Transfers (2,803,084) (203,838) 7.27% Transfers in - - 0.00%
*Adjustment to net position (accrual method) 3,236,051 434,247 13.42% Changes in Net Position 432,967 230,409$ 53.22%
Net Position, Beginning of Year 12,302,753
Ending Net Position (Projected) 12,735,720$
INTERNAL SERVICE FUNDS
Preliminary - Month Ended February 2025
STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET POSITION Percentage of Current Fiscal Year Elapsed: 67%
CITY OF CAMARILLO
Total Receipts 7,497,516$
Total Disbursements 9,804,244$
Fund Balances
Fund Type:
General Fund 112,372,445$
Special Revenue Funds 34,176,375
Trust Funds * (43,936,266)
Debt Service Fund 501,262
Capital Projects Funds 20,612,585
Internal Service Funds 12,098,916
Enterprise Funds 213,807,828
Total Fund Balances 349,633,145$
* 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 2025