CITY OF LAKE ELSINORE, CALIFORNIA
SUMMARY OF REVENUES, EXPENDITURES, AND CHANGE IN FUND BALANCE FY2025-26 UNAUDITED - GENERAL FUND FINANCIAL REPORT
FY25-26
ADOPTED
BUDGET CHANGES
FY25-26
ADJUSTED
BUDGET $Inc/(Dec)
% Inc/
(Dec)
Revenues:
Sales Tax 16,127,500 $ - $ 16,127,500$ - $ 0.00% Property Tax 12,476,230 - 12,476,230 - 0.00% Franchise Tax 3,605,000 - 3,605,000 - 0.00% Building Permit Fee 1,740,000 - 1,740,000 - 0.00% Property Transfer Tax 400,000 - 400,000 - 0.00% Other Taxes 639,470 - 639,470 - 0.00% Licenses & Permits 3,089,000 - 3,089,000 - 0.00% Intergovernmental 539,580 - 539,580 - 0.00% Fees 5,839,040 627,210 6,466,250 627,210 10.30% Fines & Forfeitures 1,033,860 - 1,033,860 - 0.00% Tax Credit 5,382,550 - 5,382,550 - 0.00% Investment Earnings 850,000 - 850,000 - 0.00% Reimbursements & Other 16,468,490 1,608,925 18,077,415 1,608,925 11.74% Special Assessments 7,975,510 - 7,975,510 - 0.00% Reimbursements - Public Safet
y 320,000 - 320,000 - 0.00% Reimbursements - Street Program 1,000,000 - 1,000,000 - 0.00% Total Revenues 77,486,230$ 2,236,135 $ 79,722,365 $ 2,236,135 $ 2.89% Expenditures by Department:
General Government:
City Council 434,240$ - $ 434,240$ - $ 0.00% Lake & Community Operations 661,610 229,830 891,440 229,830 35.62% City Clerk 966,430 - 966,430 - 0.00% City Attorney 676,750 - 676,750 - 0.00% City Manager 1,440,980 - 1,440,980 - 0.00% Administrative Services
Finance 1,872,140 - 1,872,140 - 0.00% Human Resources 1,069,230 - 1,069,230 - 0.00% Public Safety:
Police Services 22,384,110 - 22,384,110 - 0.00% Fire Services 13,250,020 - 13,250,020 - 0.00% Animal Services 1,238,050 - 1,238,050 - 0.00% Emergency Services 530,620 - 530,620 - 0.00% Community Development:
Planning 2,276,110 627,210 2,903,320 627,210 27.15% Building & Safety 1,835,550 - 1,835,550 - 0.00% Code Enforcement 2,352,110 - 2,352,110 - 0.00% Economic Development 1,102,190 - 1,102,190 - 0.00% Fire Prevention 939,880 - 939,880 - 0.00% Public Services:
Land Development & Engineering 4,325,450 (106,000) 4,219,450 (106,000) -2.50% Public Works 5,343,470 1,485,095 6,828,565 1,485,095 29.57% Park Maintenance 4,262,760 - 4,262,760 - 0.00% Lake Maintenance 1,426,450 - 1,426,450 - 0.00% Community Services:
Recreation 2,706,790 - 2,706,790 - 0.00% Community Center 1,264,320 - 1,264,320 - 0.00% Senior Center 934,170 - 934,170 - 0.00% Neighborhood Center 928,020 - 928,020 - 0.00% Non-Departmental - Operating 3,264,780 - 3,264,780 - 0.00% Total Expenditures 77,486,230$ 2,236,135 $ 79,722,365 $ 2,236,135 $ 2.89% Excess of Revenues Over
(Under) Expenditures - - - - Operating Transfers:
Operating Transfers In - - - - Operating Transfers out - - - - Excess of Revenues Over (Under)
Expenditures & Net Transfers - - - - Estimated Year-End Adjustments
Fund Balance, Beg. of Year 20,841,585 20,841,585 Fund Balance, End of Year 20,841,585$ 20,841,585 $ Detail of Fund Balance
Nonspendable:
Deposits and prepaid items 74,681 $ 74,681 $ Loans Receivable 1,000,000 1,000,000
Assigned
Uncertainty reserve (20%) 15,497,246 15,944,473 Unassigned
Unallocated reserve 4,269,658 3,822,431
Total Fund Balance (net) 20,841,585 $ 20,841,585 $