FY 2022/23
FY 2023/24
Revised
FY 2023/24
Actuals FY 2024/25
% Change
Revised
FY 23/24 to
Actuals Budget* thru Mar. Proposed FY 24/25
REVENUES
Property Taxes $ 6,418,120 $ 6,438,183 $ 3,472,599 $ 6,701,322 4.1% Other Taxes & Fees 10,027,433 9,922,000 5,454,232 9,936,210 0.1% State Revenue 7,296,543 7,575,497 3,836,667 7,992,488 5.5% State Grants - - - - 0.0%
From Other Agencies - - - - 0.0%
Fines & Forfeitures 383,058 385,000 274,445 370,000 -3.9% Service Charges 2,856,466 3,392,865 2,069,810 3,477,800 2.5% Use of Money and Property 1,455,223 1,866,430 1,554,492 2,400,730 28.6% Cost Reimbursements 165,180 318,340 279,540 159,000 -50.1% Transfers In 4,704,370 1,475,500 8,351 1,687,500 14.4%
Total Revenues $ 33,306,392 $ 31,373,815 $ 16,950,137 $ 32,725,050 4.3%
EXPENDITURES
City Council (110) $ 204,609 $ 212,772 $ 127,418 $ 223,866 5% City Attorney (120) 152,608 242,000 179,399 238,500 -1% City Manager (130) 1,177,457 1,370,227 886,552 1,258,258 -8% City Clerk (140) 445,104 424,111 316,700 497,328 17%
Economic Development (150) 206,168 398,021 239,081 462,759 16% Finance (210) 835,134 906,278 635,115 899,244 -1%
Human Resources (220) 488,118 536,866 396,845 558,670 4% Information Systems (230) 1,404,910 1,607,388 1,195,498 1,654,739 3% Community Relations (240) 686,820 1,037,977 489,447 1,059,341 2% Law Enforcement (310) 7,723,306 8,443,117 4,693,286 8,919,265 6% Volunteer Patrol (320) 1,108 4,000 1,394 4,000 0%
Fire (330) 7,359 7,500 7,359 8,000 7%
Animal Control (340) 373,879 472,500 301,182 455,000 -4% Emergency Preparedness (350) 39,174 47,100 28,636 50,600 7% Community Dev/Planning (410) 763,880 859,423 609,239 919,485 7% Building & Safety (420) 964,867 1,151,243 629,012 1,213,234 5% Neighb Improvement (430) 445,227 521,604 351,598 554,917 6% Diamond Bar Center (510) 1,439,180 1,704,420 1,057,624 1,729,216 1% Recreation (520) 1,941,946 2,637,412 1,515,509 2,797,668 6% Public Works (610) 524,604 647,156 505,793 681,433 5%
Engineering (615) 458,709 761,564 289,296 891,863 17%
Civic Center (620) 652,844 807,312 487,874 973,681 21%
Parks & Facilities Maintenance (630) 1,410,918 1,738,327 1,028,773 1,670,250 -4% Landscape Maintenance (645) 283,241 405,600 301,435 347,100 -14% Road Maintenance (655) 1,703,885 2,050,381 927,798 2,251,632 10% Transfers Out (900) 4,180,209 8,108,751 4,139,187 2,849,569 -65% Total Expenditures $ 28,515,264 $ 37,103,048 $ 21,341,047 $ 33,169,618 -10.6% Budgetary Surplus/(Deficit) $ 4,791,129 $ (5,729,233) $ (444,568) Budgetary Fund Balance - Beginning $ 32,354,458 26,625,226 Budgetary Fund Balance - Ending** $ 26,625,226 $ 26,180,658 *Note: FY 2023/24 Revised Budget as of March 31, 2024
**Note: Includes 25% Contingency Reserve of $8.3 million
CITY OF DIAMOND BAR
PROPOSED GENERAL FUND BUDGET SUMMARY
FY 2024/25