UN-AUDITED
THIRD QUARTER
BUDGET & ACTUALS REVIEW
Fiscal Year 2024/25
City of Cotati
FINANCIAL
REPORTING
• Citywide Overview
• General Fund
• Enterprise Funds
• Cash & Investments
CITY WIDE
CITYWIDE REVENUES &
EXPENSES
CITYWIDE OVERVIEW
Revenues & Expenses On Target
Revenues are at 63.6% of Budget
• General Fund Revenues Sales tax and Other Tax are collected 1-2 months after relevant taxing period.
• Capital Projects –Due to the timing of transferring of funding and receipting for grant funds for capital projects
Expenses are at 64.6% of Budget
• Capital Projects Funds– are subject to timing of the projects in place and related activity incurred during the fiscal year.
GENERAL
FUND
Third Quarter
Budget Analysis
COMPARATIVE
REVENUES & EXPENDITURES
Proportion of General Fund Revenues
Property Tax, $1,198,222
Sales Tax, $3,323,909
Other Taxes, $529,159
Licenses, Permits & Franchises,
$414,084
Rent, $98,471
Other
Agencies,
$184,766
Other Revenues,
$192,508
Community Development
Charges, $313,101
Public
Works
Charges
, …
Public
Safety
Charg
es, …
Investment
Earnings,
Transfers In, $338,448 $170,693
ENTERPRISE FUNDS
SUMMARY OF WATER & WASTEWATER
FUNDS
ENTERPRISE FUNDS ANALYSIS
WATER
• Revenues are at
88.4% of budget
• Expenses are at
58.6% of budget
WASTEWATER
• Revenues are at
75.4% of budget
• Expenses are at
77.1% of budget
CASH & INVESTMENTS
SUMMARY OF CASH AND INVESTMENTS AT
MARCH 31, 2025
• Total Exceeds
$15.0M
• In line with the
City adopted
investment policy.
• Enough to meet
operational needs
for next 6 months
in fiscal year.
• City Utilizes
Pooled Cash and
Investments.
CONCLUSION
Fiscal Year was primarily on track with Budget and
improved over fiscal year 2024/25
City staff will continue to update the Council with
quarterly financial reports as well as the audited
financial for Fiscal Year 2024/25
City staff are committed to exercising prudence and
integrity in the management of public funds and provide transparent accountability for its use.