MID-YEAR
BUDGET &
ACTUALS REVIEW
Fiscal Year 2025/26 City of Cotati
FINANCIAL
REPORTING
• Citywide Overview
• General Fund
• Enterprise Funds
• Cash & Investments
CITY WIDE
CITYWIDE
REVENUES
&
EXPENSES
CITYWIDE
OVERVIEW
• Proposing minor budget adjustments to realign
to revised expectations
Revenues and Expenses On
Target
• General Fund Revenues Sales tax and Other
Tax are collected 1-2 months after relevant
taxing period.
• Internal Service –revenue varies due to timing
of payouts or transfers of funds required for
fleet replacement.
• Capital Projects – In line, but vary due to the
timing of capital projects
Revenues are at 48.1% of
Budget
• Special Revenues –Timing of projects for
transferring of funds.
• Capital Projects Funds– are subject to timing of
the projects in place and related activity
incurred during the fiscal year.
Expenses are at 45.9% of Budget
GENERAL FUND
Mid - Year Budget Analysis
COMPARATIVE
REVENUES & EXPENDITURES
Proportion of General Fund Revenues
Property Tax, $1,231,618
Sales Tax, $1,888,945
Other Taxes,
$274,284
Licenses, Permits &
Franchises,
$265,075
Rents,
$80,292
Other Agencies,
$119,061
Community
Development
Charges, $352,935
Public Works
Charges,
$53,011
Public Safety
Charges, …
Other Revenues,
$120,883
Investment
Earnings,
$73,799
Transfers In,
$111,269
Proportion of General Fund Revenues
BY EXP. TYPE BY DEPARTMENT
GENERAL FUND EXPENDITURES
ENTERPRISE
FUNDS
SUMMARY OF WATER AND
WASTEWATER FUNDS
ENTERPRISE FUNDS ANALYSIS
WATER• Revenues are at 61.2% of budget
• Expenses are at 44.9% of budget
ENTERPRISE FUNDS ANALYSIS
WASTEWATER • Revenues are at 50.1% of budget
• Expenses are at 48.7% of budget
CASH & INVESTMENTS
SUMMARY OF CASH
AND INVESTMENTS
AT
DECEMBER 31, 2025
• Total Exceeds $14.9M
• 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.
GEN. OPERATING,
$2,224,115.96 , 15.35%
SPECIAL REVENUES,
$2,977,397 , 20.56%
SUCCESSOR AGENCY, WATER OPERATING &
CAPITAL, $4,496,351 ,
31.04%
WASTEWATER OPERATING &
CAPITAL, $2,689,728 , 18.57%
CAPITAL INTERNAL SERVICE,
DEPOSIT
Cash and Investment Value By Funds
$14.9 Million
OPERATING
CASH, $627,808 …
LAIF,
$8,006,65…
SCIP, …
US BANK TRUST,
$6,254,576 , 42%
CAMP, $20,409 , 0%
Investment Portfolio Composition
$14.9 Million
FISCAL RESILIENCE
General Fund
• Cash coverage temporarily reduced due to early-year expenditures for subscriptions and projects.
• Revenues-to-expenditures ratio at 93% vs. 110% goal, and from 94% in the prior year. Primarily due to timing of receipts.
Water Fund
• Sonoma County Water Agency rate increase is 3% higher than budgeted (15% vs. 12%).
• Note: Revenues stronger but will be watched in relation to cost escalation.
Sewer Fund
• Revenues-to-expenditures ratio slightly below the 110% target at 107%, but increased from prior years 92%
CONCLUSION
Fiscal Year was primarily on track with
Budget and improved over fiscal year
2025/26
Budget Adjustment Requests
City staff will continue to update the Council
with quarterly financial reports.
City staff are committed to exercising
prudence and integrity in the management of
public funds and provide transparent
accountability for its use