City Council Meeting Agenda
March 17, 2025

October November December Quarter Total
2022-2023 968,673$ 183,486$ 198,958$ 1,351,117$ 2023-2024 380,019$ 356,544$ 473,200$ 1,209,764$ 2024-2025 250,728$ 288,871$ 217,187$ 756,787$ *Actual Revenue Total is from the Year to Date
City of Culver City
Finance Department
Second Quarter of Fiscal Year 2024-2025
Real Property Transfer Tax Summary
$968,673
$380,019
$250,728
$183,486
$356,544
$288,871
$198,958
$473,200
$217,187
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
2022-2023 2023-2024 2024-2025
October
November
December
Real Property Transfer Tax 2nd Quarter Totals
Real Property Transfer Tax Budgeted vs Actual Revenue
Fiscal Year Budgeted Revenue Actual Revenue Variance Percentage of Budget 2020-2021 $ 5,550,000 $ 8,533,467 $ 2,983,467 153.76% 2021-2022 $ 14,050,000 $ 32,575,135 $ 18,525,135 231.85% 2022-2023 $ 11,000,000 $ 9,655,756 $ (1,344,244) 87.78% 2023-2024 $ 8,000,000 $ 7,381,656 $ (618,344) 92.27% 2024-2025* $ 8,000,000 $ 1,378,764 $ (6,621,236) 17.23%