General Fund
Fund Summary - 100
Fund Description / Budget Highlights
Fund Activity
FY 21-22 FY 22-23 FY 23-24 FY 24-25
Actual Actual Budget Proposed
Beginning Available Balance 2,138,829 977,254 $ 1,808,562 1,911,018$ Revenues
Taxes
Utility User Tax 3,828,410 3,996,274 3,756,633 3,988,000 Sales Tax 6,263,066 6,192,500 6,178,700 6,296,000
Property Taxes 1,524,791 1,638,581 1,603,000 1,641,000 Franchise Fees 970,054 988,108 923,100 979,000
Business Licenses 257,289 274,540 279,480 282,000
Transfer Tax 199,673 120,539 148,920 150,000
Transient Occupancy Tax 25,778 30,518 116,280 215,000 Vehicle License Fee (VLF) and Other
Intergovernmental 2,391,327 2,527,866 2,561,220 2,655,000 Fines & Forefeitures 48,663 46,057 38,760 45,000
Program Revenues
Community Development 329,134 349,874 173,075 198,000 Parks and Recreation 1,034,173 1,423,642 1,300,640 1,466,350 Police 136,878 196,189 116,700 115,000
Public Works 10,464 30,776 38,760 31,000
Other 6,723 12,231 11,220 12,000
Use of Money & Property 347,905 794,570 292,320 799,000 Cost allocated to other funds 624,568 588,529 736,352 786,917 Transfers In 396,816 150,000 156,727 176,556
Total, Ongoing Revenues 18,395,712 19,360,794 18,431,887 19,835,823 Expenditures
Police 7,759,504 8,430,069 8,367,070 9,124,961
Public Works 313,571 417,265 454,663 429,968
Community Development 724,190 511,989 933,497 1,014,244 Parks and Recreation 1,952,419 2,408,847 2,494,876 2,591,807 City Council 330,296 329,843 335,677 360,263
The General Fund is the City of Hercules Chief Operating Fund. This fund is used to account for all revenues and expenditures necessary to carry out basic governmental activities of the City that are not accounted for through other funds. For the City, the General Fund includes such activities as police, planning, engineering, public works, operations and maintenance, and legal and administrative services.
GENERAL FUND CITY OF HERCULES FY 2024-25 ANNUAL BUDGET
General Fund
Fund Summary - 100
Fund Description / Budget Highlights
Fund Activity
FY 21-22 FY 22-23 FY 23-24 FY 24-25
Actual Actual Budget Proposed
The General Fund is the City of Hercules Chief Operating Fund. This fund is used to account for all revenues and expenditures necessary to carry out basic governmental activities of the City that are not accounted for through other funds. For the City, the General Fund includes such activities as police, planning, engineering, public works, operations and maintenance, and legal and administrative services.
City Manager 496,216 491,141 496,565 505,924
Human Resources 308,009 258,427 385,440 380,143
Legal 209,134 193,487 281,190 289,600
City Clerk 377,112 408,679 514,940 502,690
Finance 1,114,284 1,281,043 1,309,702 1,403,994
Workers Comp/General Liability 1,135,659 1,241,404 1,467,349 1,705,666 Non-Department 260,000 260,000 260,000 260,000
Transfers Out (Debt Service
Obligations) 423,542 822,559 799,212 798,457
Total, Ongoing Expenditures 15,403,936 17,054,753 18,100,181 19,367,717 Net Annual Activity
Ongoing Operations 2,991,776 2,306,041 331,706$ 468,106$ One-Time Revenues 1,431,000 169,461 - -
One-Time Expenditures (2,652,580) (1,644,194) (229,250) (78,000) Reserve per Council Policy (2,931,771) (313,847)
Ending Available Balance 977,254$ 1,808,562 1,911,018$ 1,987,277$ Operating Reserve:
Beginning Balance 4,209,129 4,222,158 4,326,140$ 4,436,140$ Current Year Contribution 313,847
Interest Earned 13,029 103,982 110,000 113,000
Ending Balance 4,222,158 4,326,140 4,436,140$ 4,862,987$ % of Projected Operating
Expenditures 27% 25% 25% 25%
GENERAL FUND CITY OF HERCULES FY 2024-25 ANNUAL BUDGET