City of Hercules
General Fund
FY 21-22 Unaudited Year-End Results
Budget
Actual Including
Outstanding
Encumbrances Variance
Beginning Available Balance $2,138,826 $2,138,826 $0
Revenues
Taxes
Utility User Tax 3,509,000 3,828,410 319,410 Sales Tax 4,654,675 6,263,066 1,608,391 Property Taxes 1,520,000 1,524,791 4,791 Franchise Fees 896,000 970,054 74,054 Business Licenses 198,000 257,289 59,289 Transfer Tax 132,000 199,673 67,673 Transient Occupancy Tax 5,000 25,778 20,778 Intergovernmental 2,418,000 2,391,327 (26,673) Fines & Forefeitures 37,000 48,663 11,663 Program Revenues
Community Development 242,000 329,134 87,134 Parks and Recreation 753,000 1,034,173 281,173 Police 219,000 136,878 (82,122) Public Works 68,000 10,464 (57,536) Other 11,000 6,723 (4,277) Use of Money & Property 313,000 347,905 34,905 Cost allocated to other funds 719,325 624,568 (94,757) Transfers In - AB3229 C.O.P.S Grant 150,000 150,000 - Transfers In - GF CIP Savings - 246,816 246,816 15,845,000 18,395,712 2,550,712
Expenditures
Police 7,607,287 7,759,504 152,217 Public Works 424,428 313,571 (110,857) Community Development 725,810 724,190 (1,620) Parks and Recreation 1,793,804 1,952,419 158,615 City Council 331,114 330,296 (818) City Manager 497,208 496,216 (992) Legal Services 265,000 209,134 (55,866) Administrative Services 718,643 685,121 (33,522) Finance 1,155,608 1,114,284 (41,324) Workers Comp/General Liability 1,235,837 1,135,659 (100,178) Non-Department 260,000 260,000 - Transfers Out 423,000 423,542 542 15,437,739 15,403,936 (33,803)
Net Annual Activity
Baseline Operations 407,261 2,991,776 2,584,515 One-Time Revenues 1,056,000 1,431,000 375,000 One-Time Expenditures (2,062,475) (2,048,555) 13,920 DOF Settlement (604,025) (604,025) - Ending Available Balance, Without ARPA $935,587 $3,909,022 $2,973,435 One-Time ARPA (Loss of Revenue) 2,918,338 3,142,889 224,551 One-Time ARPA Expenditures (971,000) (971,000) - Ending Available Balance, With ARPA $2,882,925 $6,080,911 $3,197,986 Operating Reserve:
Beginning Balance $4,034,517 $4,034,517 $0
Current Year Contribution - - - Interest Income 174,612 187,641 13,029 Ending Balance $4,209,129 $4,222,158 $13,029
% of Projected Operating Expenditures 27% 27%