UN-AUDITED
THIRD QUARTER
FINANCIAL & INVESTMENT 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
Revenues & Expenses On Target
Revenues are at 66.9% of Budget
• General Fund Revenues Sales tax and Other Tax are collected 1-2 months after relevant taxing period.
• Capital Projects and Internal Service Funds –Due to the timing of transferring of funding needs.
Expenses are at 63.8% of Budget
• Capital Projects Funds– are subject to timing of the projects in place and related activity incurred during the fiscal year.
• Internal Service Funds - are subject to timing of purchases of equipment or use of deferred compensated absences for employees.
GENERAL
FUND
T h i r d Q u a r t e r
B u d g e t A n a l y s i s
COMPARATIVE
REVENUES & EXPENDITURES
Proportion of General Fund Revenues
Sales Tax, $3,350,146 Property Tax, $1,231,619
Other Taxes, $521,685
Licenses, Permits &
Franchises, $452,707
Rent, $119,010
Other
Agencies,
$172,796
Other Revenues,
$257,944
Community
Development Charges,
$363,361 Public
Works
Charg…
Public
Safety …
Investment
Earnings,
$112,324
Transfers In,
$174,223
GENERAL FUND RESILIENCE EXCEPTIONS
Cash Coverage Ratio = 16.85% Goal of 25%
• This is primarily due to timing – pending April Property Tax Community Event Identified = Closed Cannabis Business Distribution • Future Structural Revenue Loss - $120,000 / Year
Oper. Revenues / Oper. Expenditures =96% Goal 110%
• Weakened from prior year but within budget expectations. • Continued monitoring for increased risk.
ENTERPRISE FUNDS
S U M M A R Y O F W A T E R & W A S T E W A T E R
F U N D S
ENTERPRISE FUNDS ANALYSIS
WATER
• Revenues are at
84.2% of budget
• Expenses are at
56.4% of budget
WASTEWATER
• Revenues are at
77.4% of budget
• Expenses are at
67.6% of budget
SEWER FUND RESILIENCE EXCEPTIONS
Oper. Revenues / Oper. Expenditures =97% Goal 110%
• Improved from prior year and within budget
expectations.
• Continued monitoring for increased risk.
CASH & INVESTMENTS
SUMMARY OF CASH AND INVESTMENTS AT
MARCH 31, 2026
• Total Exceeds
$13.8M
• 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 2025/26
City staff will continue to update the Council with
quarterly financial reports as well as the audited
financial for Fiscal Year 2025/26
City staff are committed to exercising prudence and
integrity in the management of public funds and provide transparent accountability for its use.