SPECIAL REVENUE FUNDS
Asset Seizure
Fund Summary - Fund 101
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 100,000 $ - $
Revenues
Intergovernmental 1,133 $ - $ - - Interest Income 10,019 9,783 - - Miscellaneous Revenues - - - - 11,152 9,783 - -
Transfers In - - - - 11,152 9,783 - -
Expenditures
Salaries and Benefits - - - - Contractual Services - - - - Utilities - - - - Other Expenses 29,977 22,398 - - Cost Allocation - - - - Capital Outlay - - - - Capital Improvement Projects (CIP) 21,066 - 100,000 - Debt Service - - - - 51,043 22,398 100,000 -
Transfer Out - - - - 51,043 22,398 100,000 -
Changes in restricted reserves
Net Annual Activity (39,891) (12,615) (100,000) - Ending Available Fund Balance 100,000 $ - $ - $ The purpose of this fund is to manage monetary and property assets obtained through police confiscations related to drug offenses. These funds will be held until a final court determination is made and are earmarked exclusively for activities that support law enforcement efforts.
AB 3229 COPS Program
Fund Summary - Fund 201
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 80,822 $ 44,663 $ Revenues
Intergovernmental 186,159 $ 194,663 $ 150,000 207,000 Interest Income - - - - Miscellaneous Revenues - - - - 186,159 194,663 150,000 207,000
Transfers In - $ - - - 186,159 194,663 150,000 207,000
Expenditures
Salaries and Benefits - - - - Contractual Services - - - - Utilities - - - - Other Expenses - - - - Cost Allocation - - - - Capital Outlay - - - - Debt Service - - - - - - - -
Transfer Out 156,727 176,556 186,159 251,663 156,727 176,556 186,159 251,663
Changes in restricted reserves
Net Annual Activity 29,432 18,107 (36,159) (44,663) Ending Available Fund Balance 80,822 $ 44,663 $ - $ California state legislation (AB 3229) established the Citizens' Options for Public Safety (COPS) program. This initiative provides funding to enhance frontline law enforcement services, with the funds being allocated to the General Fund.
Lighting and Landscape District 83-2
Fund Summary - Fund 220
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 1,269,818 $ 1,422,553 $ Revenues
Assessment 2,218,229 $ 2,265,856 $ 2,315,737 2,362,533 Interest Income 57,238 65,982 - - 2,275,467 2,331,838 2,315,737 2,362,533
Transfers In 31,037 32,485 36,031 39,234 2,306,504 2,364,323 2,351,768 2,401,767
Expenditures
Salary and Benefits 546,550 494,687 654,852 714,313 Contractual Services 395,012 356,010 533,200 549,385 Utilities 378,032 468,828 448,688 477,090 Maintenance & Repairs 72,437 143,855 55,775 59,000 Other Expenses 7,604 1,576 14,317 14,316 Cost Allocation 200,830 140,517 144,731 147,626 Capital Improvement Projects (CIP) 116,319 2,496 - - Loan Repayment (10 years) - - 59,829 59,829 1,716,784 1,607,969 1,911,392 2,021,559
Transfer Out 265,060 279,653 287,641 303,624 1,981,844 1,887,622 2,199,033 2,325,183
Changes in restricted reserves
Net Annual Activity 324,660$ 476,701 152,735 76,584 Ending Available Fund Balance 1,269,818 $ 1,422,553 $ 1,499,137 $ (Based on Engineer's Report)
The purpose of this fund is to effectively manage the financial requirements for Zones #1 through #10 of the Lighting and Landscape District No. 83-2, which focuses on financing landscaping and public lighting costs. In accordance with the provisions of the 1972 Act, the District has the authority to recover the total expenses for the installation, construction, operation, maintenance, and servicing of landscaping, street lighting, and park and recreational facilities. For additional information, please refer to the Engineer's Report.
Landscaping and Lighting Assessment District No. 83-2
Summary by Zone
Zone 1 Zone 2 Zone 3 & 4 Zone 5A Zone 5B Zone 5C Zone 6 Zone 7 Zone 8 Zo ne 9 Zone 10 Hercules by
the Bay Foxboro
The
Gems/Birds
Business
Park Commercial
Development
Parcels
Village
Parkway Heights
Trees and
Flowers
Birds and
Country
Run City-Wide Total
Revenues
Assessments 108,166 82,960 124,237 100,631 49,161 33,021 102,437 128,650 205,630 101,265 1,326,375 2,362,533 Interest Income - - - - - - - - - - - - General Benefit Contribution 1,288 825 949 1,558 385 143 866 984 2,691 1,377 28,168 39,234 109,454 83,785 125,186 102,189 49,546 33,164 103,303 129,634 208,321 102,642 1,354,543 2,401,767 Expenditures By Type
Salaries & Benefits 22,102 28,199 12,156 13,367 13,980 3,421 15,561 28,298 24,786 22,886 529,557 714,313 Contractual Services 11,346 4,888 8,627 15,959 2,395 1,149 4,888 3,642 34,799 6,134 455,558 549,385 Utilities 17,985 7,393 25,299 42,245 301 400 9,877 16,170 73,694 38,924 244,802 477,090 Tree Trimming 12,000 - - - - - 12,000 - - - 35,000 59,000 Other Expenses 947 750 883 310 269 292 982 1,098 1,295 925 6,565 14,316 Cost Allocation - - 470 6,026 2,328 1,872 - - - - 136,930 147,626 Capital Improvement Projects (CIP) - - - - - - - - - - - - Loan Repayment (10 years) 20,260 - 42,192 - - - 17,637 33,867 - - (54,127) 59,829 84,640 41,230 89,627 77,907 19,273 7,134 60,945 83,075 134,574 68,869 1,354,285 2,021,559 Transfers Out 32,233 24,284 32,980 24,229 13,337 17,339 28,848 37,295 60,856 32,223 - 303,624 116,873 65,514 122,607 102,136 32,610 24,473 89,793 120,370 195,430 101,092 1,354,285 2,325,183 Net Annual Results (7,419) 18,271 2,579 53 16,936 8,691 13,510 9,264 12,891 1,550 258 76,584 Estimated:
Beginning Balance, 7/1/2026 (46,590) 164,272 89,950 104,813 274,901 3,993 (70,750) 112,437 354,447 31,520 403,560 1,422,553 Ending Balance, 6/30/2027 (54,009) 182,543 92,529 104,866 291,837 12,684 (57,240) 121,701 367,338 33,070 403,818 1,499,137 (Based on Engineer's Report)
Victoria by the bay Lighting and Landscape District
Fund Summary - Fund 221
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance (703,095) $ (840,963) $ Revenues
Assessment 508,538 $ 520,569 $ 576,758 633,218 Interest Income - - - - Miscellaneous Revenues - - - - 508,538 520,569 576,758 633,218
Transfers In 10,248 $ 13,052 13,454 13,823 518,786 533,621 590,212 647,041
Expenditures
Salary and Benefits 98,644 71,966 121,368 100,808 Contractual Services 256,268 210,473 210,225 216,635 Utilities 303,488 330,406 280,000 292,000 Maintenance & Repairs 54,916 38,225 30,000 49,999 Other Expenses 974 410 854 854 Cost Allocation 28,523 29,379 30,260 30,865 Capital Outlay 23,575 - 25,000 25,000 766,388 680,859 697,707 716,161
Transfer Out 28,016 29,529 30,373 32,060 794,404 710,388 728,080 748,221
Changes in restricted reserves
Net Annual Activity (275,618)$ (176,767) (137,868) (101,180) Ending Fund Balance (703,095) (840,963) $ (942,143) $ (Based on Engineer's Report)
The purpose of this fund is to manage the Victoria by the Bay Lighting and Landscape District No. 2002-1, which finances landscaping and lighting in public areas. The 1972 Act allows the District to recover the total expenses for the installation, construction, operation, maintenance, and servicing of landscaping, street lighting, and park and recreational facilities. For more detailed information, please refer to the Engineer's Report.
Hercules Village Lighting and Landscape District
Fund Summary - Fund 222
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Projection Proposed
Beginning Available Fund Balance 62,402 $ 5,539 $ Revenues
Assessment 174,570 $ 178,701 $ 183,505 188,050 Interest Income 7,835 6,361 - - Miscellaneous Revenues - - - - 182,405 185,062 183,505 188,050
Transfers In 4,062 $ 4,347 4,736 5,281 186,467 189,409 188,241 193,331
Expenditures
Salary and Benefits 43,918 27,018 41,362 46,834 Contractual Services 48,609 58,533 68,625 84,540 Utilities 80,080 88,925 89,397 94,977 Maintenance & Repairs 22,543 11,820 24,000 24,000 Other Expenses - - 421 421 Cost Allocation 12,271 12,639 13,018 13,278 Capital Outlay - - - - Debt Service - - - - 207,421 198,935 236,823 264,050
Transfer Out 7,725 8,051 8,281 8,741 215,146 206,986 245,104 272,791
Changes in restricted reserves
Net Annual Activity (28,679)$ (17,577) (56,863) (79,460) Ending Fund Balance 62,402 $ 5,539 $ (73,921) $ (Based on Engineer's Report)
The purpose of this fund is to manage the Hercules Village Lighting and Landscape District No. 2002-2, which finances landscaping and lighting in public areas. The 1972 Act allows the District to recover the total costs of installation, construction, operation, maintenance, and servicing of landscaping, street lighting, and park and recreational facilities. For more detailed information, please refer to the Engineer's Report.
Baywood Lighting and Landscape District
Fund Summary - Fund 223
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 96,547 $ 96,601 $ Revenues
Assessment 166,246 $ 177,884 $ 182,668 187,192 Interest Income 3,171 3,850 - - Miscellaneous Revenues - - - - 169,417 181,734 182,668 187,192
Transfers In 2,665 3,259 3,367 3,426 172,082 184,993 186,035 190,618
Expenditures
Salary and Benefits 49,842 40,536 52,929 53,331 Contractual Services 39,479 3,281 49,195 50,347 Utilities 28,955 40,400 39,400 40,538 Maintenance & Repairs 10,985 42,816 14,000 14,001 Other Expenses - - 311 311 Cost Allocation 11,805 12,159 12,524 12,774 Capital Outlay - - 14,700 14,700 Debt Service - - - - 141,066 139,192 183,059 186,002
Transfer Out 2,781 2,841 2,922 3,084 143,847 142,033 185,981 189,086
Changes in restricted reserves
Net Annual Activity 28,235$ 42,960 54 1,532 Ending Fund Balance 96,547 $ 96,601 $ 98,133 $ (Based on Engineer's Report)
The purpose of this fund is to manage Baywood Lighting and Landscape District No. 2004-1, which finances the costs associated with landscaping and lighting in public areas. According to the 1972 Act, the District can recover the total costs of installation, construction, operation, maintenance, and servicing of landscaping, street lighting, and park and recreational facilities. For more detailed information, please refer to the Engineer’s Report.
Bayside Lighting and Landscape District
Fund Summary - Fund 224
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 167,117 $ 168,139 $ Revenues
Assessment 159,093 $ 162,856 $ 167,239 171,381 Interest Income 7,432 6,592 - - Miscellaneous Revenues - - - - 166,525 169,448 167,239 171,381
Transfers In 2,330 2,822 2,970 3,048 168,855 172,270 170,209 174,429
Expenditures
Salary and Benefits 40,332 31,677 36,351 37,532 Contractual Services 3,307 3,281 3,285 3,445 Utilities 68,533 71,680 38,790 39,966 Maintenance & Repairs 41,004 39,913 60,500 61,710 Other Expenses - - 618 618 Cost Allocation 8,419 8,672 8,932 9,111 Capital Outlay - - - - Debt Service - - - - 161,595 155,223 148,476 152,382
Transfer Out 19,055 20,136 20,711 21,861 180,650 175,359 169,187 174,243
Changes in restricted reserves
Net Annual Activity (11,795)$ (3,089) 1,022 186 Ending Fund Balance 167,117 $ 168,139 $ 168,325 $ (Based on Engineer's Report)
The purpose of this fund is to manage the Bayside Lighting and Landscaping District No. 2005-1, which finances landscaping and lighting costs in public areas. Under the 1972 Act, the District can recover the total costs of installing, constructing, operating, maintaining, and servicing landscaping, street lighting, and park and recreational facilities. For more detailed information, please refer to the Engineer’s Report.
Arterial Roadways
Fund Summary - Fund 225
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 320,815 $ 293,953 $ Revenues
Assessment - $ - $ - - Interest Income 28,325 20,547 - - Miscellaneous Revenues - - - - 28,325 20,547 - -
Transfers In 322,637 340,210 349,928 369,370 350,962 360,757 349,928 369,370
Expenditures
Salary and Benefits 25,151 42,106 26,772 47,654 Contractual Services 32,824 - - - Utilities 192,320 242,560 275,200 283,456 Maintenance & Repairs 50,109 52,911 61,800 63,654 Other Expenses - - - - Cost Allocation 8,327 12,639 13,018 13,278 Capital Outlay - - - - Debt Service - - - - 308,731 350,216 376,790 408,042
Transfer Out - - - - 308,731 350,216 376,790 408,042
Changes in restricted reserves
Net Annual Activity 42,231$ 10,541 (26,862) (38,672) Ending Fund Balance 320,815 $ 293,953 $ 255,281 $ This fund has been established to effectively manage the Arterial Roadways Lighting and Landscape District. Its primary purpose is to finance the costs associated with landscaping and lighting in public areas, ensuring a well- maintained and visually appealing environment for the community.
Stormwater Assessment
Fund Summary - Fund 231
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 90,331 $ 72,725 $ Revenues
Assessment 221,305 $ 241,252 $ 250,000 239,000 Interest Income - - - - Miscellaneous Revenues - - - - 221,305 241,252 250,000 239,000
Transfers In 125,000 125,000 125,000 125,000 346,305 366,252 375,000 364,000
Expenditures
Salary and Benefits 217,583 208,241 214,406 235,417 Contractual Services 100,896 162,702 145,400 171,520 Utilities 2,226 2,187 2,200 2,200 Maintenance & Repairs 21,738 61,785 27,300 19,700 Other Expenses 2,728 2,445 3,300 3,400 Cost Allocation 52,869 57,959 - - Capital Outlay - - - - Debt Service - - - - 398,040 495,319 392,606 432,237
Transfer Out - - - - 398,040 495,319 392,606 432,237
Changes in restricted reserves
Net Annual Activity (51,735)$ (129,067) (17,606) (68,237) Ending Available Fund Balance 90,331 $ 72,725 $ 4,488 $ A stormwater assessment fee is a charge applied to property owners to ensure the effective maintenance of drainage systems, pipes, pumps, and water quality programs. This fee supports essential infrastructure and environmental protection efforts within our community.
Development Impact Fee - Public Facilities
Fund Summary - Fund 241
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 202,753 $ 202,753 $ Revenues
Fees 5,670 $ 33,462 $ - -
Interest Income 7,828 9,639 - - Miscellaneous Revenues - - - - 13,498 43,101 - -
Transfers In - - - - 13,498 43,101 - -
Expenditures
Salary and Benefits - - - - Contractual Services - - - - Utilities - - - - Maintenance & Repairs - - - - Other Expenses - - - - Cost Allocation - - - - Capital Outlay - - - - Debt Service - - - - - - - -
Transfer Out - - - - - - - -
Changes in restricted reserves
Net Annual Activity 13,498$ 43,101 - - Ending Available Fund Balance 202,753 $ 202,753 $ 202,753 $ A Development Impact Fee (DIF) represents a charge imposed by local governmental entities on newly proposed development projects. This fee funds the essential public infrastructure required to adequately support the new development, including, but not limited to, educational institutions, recreational areas, and transportation networks. Authorized under the Mitigation Fee Act, these fees are explicitly prohibited from being allocated to rectify existing deficiencies within infrastructure. Moreover, a demonstrable "nexus" (or relationship) must be established between the development project and the costs associated with the facilities being financed.
Community Development Tax
Fund Summary - Fund 242
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 79,564 $ 79,564
Revenues
Fees - $ 58,500 $ - -
Interest Income 8,899 11,296 - - Miscellaneous Revenues - - - - 8,899 69,796 - -
Transfers In - - - - 8,899 69,796 - -
Expenditures
Salary and Benefits - - - - Contractual Services - - - - Utilities - - - - Maintenance & Repairs - - - - Other Expenses - - - - Cost Allocation - - - - Capital Improvement Projects (CIP) - - - - Debt Service - - - - - - - -
Transfer Out - - - - - - - -
Changes in restricted reserves
Net Annual Activity 8,899$ 69,796 - - Ending Available Fund Balance 79,564 $ 79,564 $ 79,564 $ Accounts for the activities and services of the Community Development Department. Revenues are derived from fees, licenses, and fines collected in conjunction with the planning, permitting and enforcement activities of the department in accordance with state law, requiring fees not to exceed the cost of providing services.
Development Fee Fund
Fund Summary - Fund 243
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 80,496$ 80,496 $ Revenues
Fees - $ - $ - - Interest Income 3,780 4,252 - - Miscellaneous Revenues - - - - 3,780 4,252 - -
Transfers In - - - - 3,780 4,252 - -
Expenditures
Salary and Benefits - - - - Contractual Services - - - - Utilities - - - - Maintenance & Repairs - - - - Other Expenses - - - - Cost Allocation - - - - Capital Outlay - - - - Debt Service - - - - - - - -
Transfer Out - - - - - - - -
Changes in restricted reserves
Net Annual Activity 3,780$ 4,252 - - Ending Available Fund Balance 80,496 $ 80,496 $ 80,496 $ This fund accounts for revenues from citywide development impact fees required from certain new developments. Funds are used to mitigate the impacts on availabilty and condition of public facilities caused by these developments.
Development Impact Fee - Police Facilities
Fund Summary - Fund 244
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 156,088 $ 156,088 $ Revenues
Fees 2,530 $ 59,358 $ - -
Interest Income 13,848 16,910 - - Miscellaneous Revenues - - - - 16,378 76,268 - -
Transfers In - - - - 16,378 76,268 - -
Expenditures
Salary and Benefits - - - - Contractual Services - - - - Utilities - - - - Maintenance & Repairs - - - - Other Expenses - - - - Cost Allocation - - - - Capital Improvement Projects (CIP) 830 - - - Debt Service - - - - 830 - - -
Transfer Out - - - - 830 - - -
Changes in restricted reserves
Net Annual Activity 15,548$ 76,268 - - Ending Available Fund Balance 156,088 $ 156,088 $ 156,088 $ To account for the collection of and expenditure of fees imposed as a condition of new development within the City, in compliance with California Government Code Section 66006 (AB 1600). Police Facilities needs through 2035 to be funded by this fee include: a waterfront police substation; an expansion of the existing station; an auditorium/emergency operations center; equipment and additional patrol vehicles for ten new police officers; needed to serve new development.
Development Impact Fee - Parks & Recreation
Fund Summary - Fund 247
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 236,710 $ 86,710 $ Revenues
Fees - $ 69,030 $ - - Interest Income 8,415 10,296 - - Miscellaneous Revenues - - - - 8,415 79,326 - -
Transfers In - - - - 8,415 79,326 - -
Expenditures
Salary and Benefits - - - - Contractual Services - - - - Utilities - - - - Maintenance & Repairs - - - - Other Expenses - - - - Cost Allocation - - - - Capital Improvement Projects (CIP) 39,766 - 150,000 - Debt Service - - - - 39,766 - 150,000 -
Transfer Out - - - - 39,766 - 150,000 -
Changes in restricted reserves
Net Annual Activity (31,351)$ 79,326 (150,000) - Ending Available Fund Balance 236,710 $ 86,710 $ 86,710 $ To account for the collection of and expenditure of fees imposed as a condition of new development within the City, in compliance with California Government Code Section 66006 (AB 1600). Assessed only on new residential development, the Parks & Recreation impacts fees are based on the costs to the City of providing new facilities defined in the 2001 Nexus study, including a 4,000-sq.-ft. teen center, a 4,240-sq.-ft. child care center, and a 10,000-sq.-ft. community cultural arts center, as well as acquiring 46.72 acres of land and improving 59.52 acres for neighborhood and community parks.
Public Benefit Fee
Fund Summary - Fund 249
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 1,091,960 $ 1,091,960 $ Revenues
Fees - $ - $ - - Interest Income 51,274 57,675 - - Miscellaneous Revenues - - - - 51,274 57,675 - -
Transfers In - - - - 51,274 57,675 - -
Expenditures
Salary and Benefits - - - - Contractual Services - - - - Utilities - - - - Maintenance & Repairs - - - - Other Expenses - - - - Cost Allocation - - - - Capital Improvement Projects (CIP) - - - - Debt Service - - - - - - - -
Transfer Out - - - - - - - -
Changes in restricted reserves
Net Annual Activity 51,274$ 57,675 - - Ending Available Fund Balance 1,091,960 $ 1,091,960 $ 1,091,960 $ The purpose of this fund is to account for fees charged by City to Owner in the amount specified under the line item, "New Public Benefit Fee" on the Schedule of Exactions.
Development Impact Fee - Transporation Facilities
Fund Summary - Fund 261
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 748,541 $ 748,541 $ Revenues
Fees 330,718 $ 241,956 $ - -
Interest Income 18,770 31,802 - - Miscellaneous Revenues - - - - 349,488 273,758 - -
Transfers In - - - - 349,488 273,758 - -
Expenditures
Salary and Benefits - - - - Contractual Services - - - - Utilities - - - - Maintenance & Repairs - - - - Other Expenses - - - - Cost Allocation - - - - Capital Outlay - - - - Debt Service - - - - - - - -
Transfer Out - - - - - - - -
Changes in restricted reserves
Net Annual Activity 349,488$ 273,758 - - Ending Available Fund Balance 748,541 $ 748,541 $ 748,541 $ To account for the collection of and expenditure of fees imposed as a condition of new development within the City, in compliance with California Government Code Section 66006 (AB 1600). The purpose of the transportation impact fee program is to fund improvements to the City’s major roadway, bicycle, and pedestrian facilities needed to accommodate travel demand generated by new land development within the City over the next 22 years (through 2040).
State Gas Tax
Fund Summary - Fund 262
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 523,705 $ 507,394 $ Revenues
Gas Tax 721,198 $ 733,801 $ 738,148 769,563 Interest Income 24,710 32,155 - - Miscellaneous Revenues - - - - 745,908 765,956 738,148 769,563
Transfers In - - - - 745,908 765,956 738,148 769,563
Expenditures
Salary and Benefits 264,427 267,744 282,940 312,032 Contractual Services 77,103 106,126 113,300 115,600 Utilities 15,064 16,475 13,100 13,400 Maintenance & Repairs 63,599 118,755 83,900 94,000 Other Expenses 9,857 22,962 20,800 21,300 Cost Allocation 102,413 126,078 129,861 132,459 Capital Outlay 21,682 31,653 50,000 51,000 Capital Improvement Projects (CIP) 49,320 - - 455,000 Debt Service - - - - 603,465 689,793 693,901 1,194,791 Transfer Out 50,342 55,965 60,558 64,812 653,807 745,758 754,459 1,259,603 Changes in restricted reserves
Net Annual Activity 92,101$ 20,198 (16,311) (490,040) Ending Available Fund Balance 523,705 $ 507,394 $ 17,354 $ This fund accounts for revenues received from the State of California under Street and Highways Code Sections 2015, 2106, 2107, and 2107.5 and 7360. Expenditures support the street maintenance and construction projects in comformance with the Streets and Highways Code requirements.
Measure "C" Street Fund
Fund Summary - Fund 263
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 719,878 $ 600,313 $ Revenues
Gas Tax 1,043,772 $ 554,631 $ 493,303 495,000 Interest Income 29,866 31,171 - - Miscellaneous Revenues - - - - 1,073,638 585,802 493,303 495,000
Transfers In - - - - 1,073,638 585,802 493,303 495,000
Expenditures
Salary and Benefits 278,193 277,326 275,050 313,793 Contractual Services 9,982 146,870 68,300 69,700 Utilities - - - - Maintenance & Repairs - - - - Other Expenses - - - - Cost Allocation 49,092 67,493 69,518 70,909 Capital Outlay 107,364 83,671 - 204,000 Capital Improvement Projects (CIP) - - 200,000 225,000 Debt Service - - - - 444,631 575,360 612,868 883,402
Transfer Out - - - - 444,631 575,360 612,868 883,402
Changes in restricted reserves
Net Annual Activity 629,007$ 10,442 (119,565) (388,402) Ending Available Fund Balance 719,878 $ 600,313 $ 211,911 $ This fund accounts for revenue allocated by the Contra Costa County Transportation Authority to the City from the State collected sales tax to be expended for growth management planning and local street maintenance and improvement.
BART Park & Ride
Fund Summary - Fund 266
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance - $ - $
Revenues
Fees - $ - $ - - Interest Income - - - - Miscellaneous Revenues 32,318 33,500 92,000 92,000 32,318 33,500 92,000 92,000
Transfers In - - - - 32,318 33,500 92,000 92,000
Expenditures
Salary and Benefits - - - - Contractual Services 245,897 13,273 25,000 25,000 Utilities 2,459 1,786 21,000 21,000 Maintenance & Repairs 3,532 4,140 46,000 46,000 Other Expenses 6,525.00 7,290 - - Cost Allocation - - - - Capital Outlay - - - - Capital Improvement Project (CIP) 100,000 - - - Debt Service - - - - 358,413 26,489 92,000 92,000
Transfer Out - - - - 358,413 26,489 92,000 92,000
Changes in restricted reserves
Net Annual Activity (326,095)$ 7,011 - - Fund Balance
Ending Available Fund Balance -$ - $ - $ The Hercules Transit Center (HTC), a park and ride facility in the City of Hercules has been maintained and operated under a joint agreement between the City of Hercules, BART and Western Contra Costa Transit Authority (WestCat). This fund is to account for the maintenance of the facility and fully reimburse by BART General Plan Update Fee and Building Training Fee
Fund Summary - Fund 267
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 1,542,868 $ - $
Revenues
Fees 254,542 $ 269,265 $ - -
Interest Income 42,315 68,184 - - Miscellaneous Revenues - - - - 296,857 337,449 - -
Transfers In - - - - 296,857 337,449 - -
Expenditures
Salary and Benefits - - - - Contractual Services - - 1,300,000 - Utilities - - - - Maintenance & Repairs - - - - Other Expenses - - - - Cost Allocation - - - - Capital Outlay - - - - Debt Service - - - - - - 1,300,000 -
Transfer Out - - - - - - 1,300,000 -
Changes in restricted reserves (242,868)
Net Annual Activity 296,857$ 337,449 (1,542,868) - Fund Balance
Ending Available Fund Balance 1,542,868$ - $ - $ The fund is to account for the General Plan Update Fee and Building Training Fee. The General Update Fee (1% of construction valuation of any permit issued) is a fee to pay for the costs of preparing and adopting an updated general plan and the associated environmental documents, and maintaining and preparing legally reqired reports on the general plan. The Building Training Fee was discontinued and the fee was collected to comply with AB 1608.
Road Maintenance Rehabilitation Account (SB1 - RMRA)
Fund Summary - Fund 268
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 981,630 $ 1,165,439 $ Revenues
RMRA 664,869 $ 709,040 $ 683,809 735,835 Interest Income 40,692 61,368 - - Miscellaneous Revenues - - - - 705,561 770,408 683,809 735,835
Transfers In - - - - 705,561 770,408 683,809 735,835
Expenditures
Salary and Benefits - - - - Pass through to other agency 87,930 - - - Utilities - - - - Maintenance & Repairs - - - - Other Expenses - - - - Cost Allocation - - - - Street Maintenance Program - - - - Capital Improvement Projects (CIP) 161,766 65,091 500,000 260,000 Debt Service - - - - 249,696 65,091 500,000 260,000
Transfer Out - - - - 249,696 65,091 500,000 260,000
Changes in restricted reserves -
Net Annual Activity 455,865$ 705,317 183,809 475,835 Ending Available Fund Balance 981,630 $ 1,165,439 $ 1,641,274 $ Senate Bill (SB) 1, Chapter 5, Statutes of 2017, created the Road Maintenance and Rehabilitation Program (RMRP) to address deferred maintenance on the State Highway System and the local street and road system, and the Road Maintenance and Rehabilitation Account (RMRA) for the deposit of various funds for the program. A percentage of this new RMRA funding will be apportioned by formula to eligible cities and counties pursuant to Streets and Highways Code section 2032(h) for basic road maintenance, rehabilitation, and critical safety projects on the local streets and roads system.
Solid Waste and Recycling
Fund Summary - Fund 291
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 630,079 $ 248,227 $ Revenues
Fees - $ - $ - - Interest Income 44,590 50,950 - - Miscellaneous Revenues 176,206 212,647 - - 220,796 263,597 - -
Transfers In - - - - 220,796 263,597 - -
Expenditures
Salary and Benefits 12,986 13,676 13,852 14,371 Contractual Services - 56,538 - - Utilities - - - - Maintenance & Repairs - - - - Other Expenses - - 243,000 - Cost Allocation - - - - Capital Improvement Projects (CIP) - - - - Debt Service - - - - 12,986 70,214 256,852 14,371
Transfer Out 125,000 125,000 125,000 125,000 137,986 195,214 381,852 139,371
Changes in restricted reserves
Net Annual Activity 82,810$ 68,383 (381,852) (139,371) Ending Available Fund Balance 630,079 $ 248,227 $ 108,856 $ The funding is from the rate differential between the fees collected by Richmond Sanitary Services (RSS) per their franchise agreement with Hercules and the fees for the post-collection agreement. The differential occurred when lower post-collection fees were adopted in 2013 due to the payoff of the bonds. On September 22, 2015, Hercules City Council restrict the use of funds to the purchase and distribution of reusable bags, street sweeping, and street repairs.
Water Quality Retention Basin
Fund Summary - Fund 387
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 358,525 $ 372,525 $ Revenues
Property Tax 58,161 $ 60,293 $ 57,000 $ 61,000 Interest Income 13,747 17,149 6,000 18,000 Miscellaneous Revenues - - - - 71,908 77,442 63,000 79,000
Transfers In - - - - 71,908 77,442 63,000 79,000
Expenditures
Salary and Benefits - - - - Contractual Services 10,242 10,717 49,000 11,100 Utilities - - - - Maintenance & Repairs - - - - Other Expenses - - - - Cost Allocation - - - - Capital Outlay - - - - Debt Service - - - - 10,242 10,717 49,000 11,100
Transfer Out - - - - 10,242 10,717 49,000 11,100
Changes in restricted reserves
Net Annual Activity 61,666$ 66,725 $ 14,000 67,900 Ending Available Fund Balance 358,525 $ 372,525 $ 440,425 $ This fund accounts for revenues from Property Tax Special Assessment for the formation of City of Hercules Community Facilities District No. 2017-01 on April 11, 2017. Development of the Bayfront and Muir Pointe created the need for construction of water quality detention basin for runoff generared by the improvements constructed to support the developments. The CFD was formed to create a funding mechanism for the maintenance costs associated with the water quality detention basin.
Regional Water Quality
Fund Summary - Fund 521
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 57,884 $ 57,884 $ Revenues
Fees - - - - Interest Income 2,718 3,057 - - Miscellaneous Revenues - - - - 2,718 3,057 - -
Transfers In - - - - 2,718 3,057 - -
Expenditures
Salary and Benefits - - - - Contractual Services - - - - Utilities - - - - Maintenance & Repairs - - - - Other Expenses - - - - Cost Allocation - - - - Capital Outlay - - - - Debt Service - - - - - - - -
Transfer Out - - - - - - - -
Changes in restricted reserves
Net Annual Activity 2,718$ 3,057 - - Fund Balance
Ending Available Fund Balance 57,884$ 57,884 $ 57,884 $ This fund accounts for the Regional Water Quality. Created by the State Legislature in 1967, the Board protects water quality by setting statewide policy, coordinating and supporting the Regional Water Board efforts, and reviewing petitions that contest Regional Board actions. There are nine regional water quality control boards that exercise rulemaking and regulatory activities by basins.
Successor Housing Agency
Fund Summary - Fund 640
Fund Description / Budget Highlights
Fund Activity
FY 23-24 FY 24-25 FY 25-26 FY 26-27
Actual Actual Budget Proposed
Beginning Available Fund Balance 5,879,840$ 5,759,245 $ Revenues
Tax Increment (RPTTF) - - - - Interest Income 478,616 505,725 - - Miscellaneous Revenues 253,594 188,000 - - 732,210 693,725 - -
Transfers In - - - - 732,210 693,725 - -
Expenditures
Salary and Benefits - - - - Contractual Services - - - - Utilities - - - - Maintenance & Repairs - - - - Other Expenses (14,741) 66,115 120,595 - Cost Allocation - - - - Capital Outlay - - - - Debt Service - - - - (14,741) 66,115 120,595 -
Transfer Out - - - - (14,741) 66,115 120,595 -
Changes in restricted reserves
Net Annual Activity 746,951$ 627,610 (120,595) - Ending Available Fund Balance 5,879,840 $ 5,759,245 $ 5,759,245 $ On February 27, 2024, the City elected to become the Successor Housing Authority and retain the housing assets and functions previously performed by the Hercules Redevelopment Agency in accordance with HSC Section 34176.