Preliminary Preliminary Final
July August August Positive Increase
2026 2026 2025 (Negative) (Decrease)
Assets:
Cash and investments 105,145,592$ 103,390,660$ 103,622,207$ (231,547)$ (0.22) % Restricted cash 9,300,688 9,245,893 8,474,511 771,382 9.10 Accounts receivable, net 1,361,567 1,337,650 1,866,597 (528,947) (1) (28.34) Prepaid items 3,218,983 2,940,369 2,630,180 310,189 (2) 11.79 Deposits 125,000 125,000 125,000 - - Total Assets 119,151,830$ 117,039,572$ 116,718,495$ 321,077$ 0.28 % Liabilities:
Accounts payable 166,517$ 201,574$ 659,362$ (457,788)$ (1) (69.43) % Wages & payroll taxes payable 176,973 194,672 174,993 19,679 (3) 11.25 Deposit & deferred revenues 531,972 536,525 538,209 (1,684) (0.31) Total Liabilities 875,462 932,771 1,372,564 (439,793) (32.04) Fund Balance:
Nonspendable 3,343,983 3,065,369 2,755,180 310,189 11.26 Restricted 9,544,207 9,491,832 (4) 8,693,115 798,717 9.19 Committed 95,258,526 95,258,526 (5) 88,036,791 7,221,735 8.20 Assigned 5,333,056 8,793,166 8,494,128 299,038 3.52 Unassigned 4,796,596 (502,092) 7,366,717 (7,868,809) (106.82) Total Fund Balance 118,276,368 116,106,801 115,345,931 760,870 0.66 Total Liabilities and Fund Balance 119,151,830$ 117,039,572$ 116,718,495$ 321,077$ 0.28 % - - -
Fund Balance:
Beginning Balance on July 1 116,290,329$ 119,425,273$ 119,045,316$ 379,957 $ 0.32 Revenues 2,865,449 1,421,828 1,658,196 (236,368) (6) (14.25) Interfund Transfers-in - - 172,003 (172,003) (100.00) Total Revenues & Transfers-in 2,865,449 1,421,828 1,830,200 (408,371) (22.31) Expenditures 879,410 4,740,300 5,529,385 789,085 (7) (14.27) Interfund Transfers-out - - 200 200 (100.00) Total Expenditures & Transfers-out 879,410 4,740,300 5,529,585 789,285 (14.27) Total Fund Balance 118,276,368$ 116,106,801$ 115,345,931$ 760,870 $ 0.66 % (1)
(2)
(3)
(4)
(5)
Authorized @
6/30/2026
Reserve Level Policy - Council Goal of 50% 30,953,526$
16,905,000
10,000,000
8,000,000
5,400,000
5,000,000
3,800,000
200,000
Loan to Water Utility 15,000,000
$95,258,526
(6)
(7)
Wages & payroll taxes payable is higher due to timing of when payroll is recorded.
Camarillo Springs Debris Barrier Remediation Maintenance 200,000 The Restricted fund balance includes $8.8m PARS Trust balance, $0.5m economic development loans, and $0.2m CASp fee.
Liabilities and Fund Balance:
Accounts receivable/payable are lower than prior fiscal year due to timing of when year-end accruals are recorded.
Prepaid items are higher than prior fiscal year primarily due to timing of when monthly CalPERS charges are recorded.
Facility Improvement Projects 16,905,000
Pursuant to GASB 54, City Council adopted a Resolution committing $95.3m of the General Fund balance for the fiscal year ending June 30, 2026 as GASB 54 Commitment of Fund Balance
Remaining @
8/31/2026
30,953,526$
Continuum of Care 3,800,000
City of Camarillo
General Fund
Comparative Balance Sheet
July 31 and August 31, 2026, and August 31, 2025 - Preliminary Year over Year
Natural Disaster Recovery 10,000,000
Pleasant Valley Recreation & Park District (Senior Center) 8,000,000 Information Technology Reserve 5,000,000
Economic Development 5,400,000
Year-to-date expenditures decreased by $0.8m compared to prior fiscal year primarily due to an decrease of $0.2m in General Government, and $0.6m in Cultural, Arts & Leisure.
15,000,000
Total Commitment $95,258,526
Year-to-date revenue decreased by $0.24m compared to prior fiscal year due to timing of when year-end accruals are recorded, which includes decreases of $0.09m in State Operating Grant and $0.15m in Internal Service Charges.