FY 24-25 MIDYEAR BUDGET REVIEW
NON-GENERAL FUND SUMMARY
As of December 31, 2024
Special Revenue Funds
Beginning
Available Balance Revenue Expenditures Midyear Request Net Activities Ending Balance Fund No. Fund Name Actual Budget 6-Month Actual % Budget 6-Month Actual % Adjustments As Projected As of 12/31/2024 101 ASSET SEIZURE 180,472 - - 117,000 1,605 1% (1,605) 178,867 201 AB 3229 COPS Program 62,715 150,000 158,507 106% 176,556 - 0% 158,507 221,221 220 CITYWIDE L&L DIST 83-2 886,445 1,283,784 693,415 54% 1,235,523 621,688 50% 71,727 958,172 221 VICTORIA BY THE BAY L&L (449,090) 660,174 286,313 43% 707,109 370,517 52% (84,204) (533,294) 222 HERCULES VILLAGE L&L DIST 103,818 183,048 98,286 54% 225,414 106,037 47% (7,751) 96,067 223 BAYWOOD ASSESS 04-1 L&L 93,370 181,144 97,836 54% 180,511 71,200 39% 26,637 120,007 224 BAYSIDE ASSESS DIST L&L 167,959 165,678 89,571 54% 161,240 78,539 49% 11,031 178,990 225 ARTERIAL ROADWAYS 504,650 340,210 - 0% 365,916 204,646 56% (204,646) 300,004 231 STORMWATER ASSESSMENT (196,021) 355,645 334,368 94% 449,029 243,492 54% 90,877 (105,144) 241 DIF-GEN PUBLIC FACILITIES 159,902 - 12,012 - - 12,012 171,914 242 COMMUNITY DEVELOPMENT FND 179,768 - 21,000 170,000 - 0% 21,000 200,768 243 DEVELOPMENT FEE FUND 76,355 - - - - - 76,355 244 DIF-POLICE FACILITIES 280,259 - 21,308 200,000 - 0% 21,308 301,567 246 DIF-FIRE FACILITIES 1,729 - - - - - 1,729 247 DIF-PARK & REC 157,653 - 24,780 - - 24,780 182,433 249 PUBLIC BENEFIT FEE 1,035,776 - - - - - 1,035,776 261 DIF-TRAFFIC FACILITIES 475,615 - 86,856 - - 86,856 562,471 262 STATE GAS TAX FUND 528,981 727,585 399,379 55% 725,829 314,616 43% 84,762 613,743 263 MEASURE "C" STREET FUND 765,578 520,000 - 0% 601,186 350,563 58% (350,563) 415,015 266 BART (PARK & RIDE) 0 89,000 33,500 38% 89,000 13,593 15% 19,907 19,907 267 GENERAL PLAN UPDATE 1,265,218 - 262,384 - - 262,384 1,527,602 268 SB1 (RMRA) 981,760 673,002 355,854 965,100 65,091 7% 290,763 1,272,523 291 SOLID WASTE AND RECYCLING 897,113 185,000 87,775 47% 388,340 11,891 3% 75,884 972,997 521 REGIONAL WATER QUALITY 54,906 - - - - - 54,906 640 SUCCESSOR HOUSING 5,885,317 102,000 17,321 17% 113,000 37,073 33% (19,752) 5,865,565 14,100,248 5,616,270 3,080,465 55% 6,870,753 2,490,550 36% - 589,914 14,690,163 Special Revenue Funds account for the proceeds of specific revenue sources (other than trusts for individuals, private organizations, or other governments, or for major capital projects) that are restricted or committed to expenditures for specified purposes.
FY 24-25 MIDYEAR BUDGET REVIEW
NON-GENERAL FUND SUMMARY
As of December 31, 2024
Enterprise Funds
Beginning
Available Balance Revenue Expenditures Midyear Request Net Activities Ending Available
Balance
Fund Number Fund Name Actual Budget 6-Month Actual % Budget 6-Month Actual % Adjustments As Projected As of 12/31/2024 420 WASTEWATER - OPERATION 16,062,725 6,291,000 3,405,630 54% 7,662,587 3,481,821 45% (76,191) 15,986,533 421 WASTEWATER - CAPITAL - 1,694,310 1,377,588 81% 1,694,310 1,377,588 81% - - 16,062,725 7,985,310 4,783,218 60% 9,356,897 4,859,409 52% - (76,191) 15,986,533 Internal Service Funds
Beginning
Available Balance Revenue Expenditures Midyear Request Net Activities Ending Available
Balance
Fund Number Fund Name Actual Budget 6-Month Actual % Budget 6-Month Actual % Adjustments As Projected As of 12/31/2024 450 VEHICLE REPLACEMENT FUND 314,637 158,000 79,000 50% 150,000 102,416 68% (23,416) 291,222 460 IT OPERATING FUND 584,765 1,085,715 555,839 51% 1,036,263 649,582 63% (93,743) 491,022 470 FACILITY MAINTENANCE FUND 267,438 1,046,683 523,342 50% 1,137,470 606,473 53% (83,131) 184,306 1,166,840 2,290,398 1,158,180 51% 2,323,733 1,358,470 58% - (200,290) 966,550 Debt Service Funds
Beginning
Available Balance Revenue Expenditures Midyear Request Net Activities Ending Available
Balance
Fund Number Fund Name Actual Budget 6-Month Actual % Budget 6-Month Actual % Adjustments As Projected As of 12/31/2024 672 2003B DEBT SERVICE PFA 1,600.00 563,430 563,430 100% 563,430 565,030 100% (1,600) - 673 2009 DEBT SERVICE PFA 2,170,423 905,296 254,912 28% 905,296 1,375 0% 253,537 2,423,960 388 EQUIPMENT LEASE - 235,027 235,026 100% 235,027 235,026 100% - - 2,172,023 1,703,753 1,053,369 62% 1,703,753 801,431 47% - 251,937 2,423,960 This fund accounts for wastewater treatment to the cities of Hercules and Pinole and for the maintenance of the City's sewer lines and related facilities. It is a self-supporting activity which provides services on a user charge basis to residences and businesses.
These funds account for activities related to vehicle replacement, IT equipment replacement, and facilities maintenance.
These funds are used to account for money that will be used to pay the interest and principal of long-term debts. Bonds used by a government to finance major construction projects, to be paid by tax levies over a period of years, require a deby service fund to account for their repayment. The debts of special assessment and proprietary funds are serviced within those funds, rather than by a separate debt service fund.
FY 24-25 MIDYEAR BUDGET REVIEW
NON-GENERAL FUND SUMMARY
As of December 31, 2024
Capital Projects Funds
Beginning
Available Balance Revenue Expenditures Midyear Request Net Activities Ending Available
Balance
Fund Number Fund Name Actual
Budget, As
Amended 6-Month Actual % Budget 6-Month Actual % Adjustments As Projected As of 12/31/2024 295 FEDERAL GRANTS - - - 0% - - 0% - - 296 STATE GRANTS - 38,500 11,615 0% 38,500 11,615 30% - - 300 CITY CAPITAL PROJ-SINGLE 308,852 2,350,823 1,175,412 0% 2,350,823 181,878 8% 993,533 1,302,385 354 HERCULES HUB - 1,111,000 81,119 0% 1,089,000 81,119 7% - - 387 WATER QUALITY RET BASIN 292,690 62,000 33,161 53% 48,000 8,533 18% 24,628 317,318 601,542 3,562,323 1,301,307 37% 3,526,323 283,145 8% - 1,018,161 1,619,704 These funds are used to account for the construction or acquisition of fixed assets, such as buildings, equipment and roads. Depending on its use, a fixed asset may instead be financed by a special revenue fund or a proprietary fund. A capital project fund exists only until completion of the project.