City of Manhattan Beach
Month End Report
April 30, 2022
Fiscal Year 2021-2022
% of Year
83.3%
Dept Original Budget Adjusted YTD YTD Available %
No. Budget Adjustments1 Budget Expenditures Encumbrances Budget Used Management Services 11 $3,599,705 $667,672 $4,267,377 $2,912,623 $271,756 $1,082,998 74.6% Finance 12 3,607,149 99,849 3,706,998 2,843,793 60,653 802,552 78.4% Human Resources 13 1,416,358 273,169 1,689,527 1,227,230 71,291 391,006 76.9% Parks and Recreation 14 8,417,571 24,327 8,441,898 6,751,202 53,050 1,637,647 80.6% Police 15 30,667,807 190,779 30,858,586 24,124,981 13,539 6,720,067 78.2% Fire 16 15,471,419 17,430 15,488,849 12,704,289 22,672 2,761,888 82.2% Community Development 17 5,908,891 340,517 6,249,408 4,907,504 157,249 1,184,655 81.0% Public Works 18 8,609,392 268,631 8,878,023 6,861,575 171,484 1,844,964 79.2% Information Technology 19 - - - - - - - $77,698,292 $1,882,375 $79,580,667 $62,333,197 $821,693 $16,425,777 79.4% ¹Budget Adjustments include City Council-approved adjustments during the current year and encumbrances carried forward from the prior year.
April 30, 2022
May 31, 2022
June 30, 2022
City of Manhattan Beach
Fiscal Year 2021-2022 General Fund Expenditures by Department As of April 30, 2022
Current Year Activity
% of Year
83.3%
Adjusted Adjusted
Fund Budget YTD % Budget %
No. Revenues Revenues Realized Expenditures Expenditures Encumbrances Utilized General Fund 100 $82,742,365 $70,371,694 85.0% $79,580,667 $62,333,197 $821,693 79.4% Street Lighting & Landscaping Fund 201 389,689 464,177 119.1% 648,241 416,791 7,550 65.5% Gas Tax Fund 205 2,711,285 2,228,442 82.2% 4,058,076 1,094,655 544,562 40.4% Asset Forfeiture 210 28,824 19,613 68.0% 136,247 66,196 27,747 69.0% Police Safety Grants 211 159,192 160,088 100.6% 194,408 51,620 50,945 52.8% Prop A Fund 230 737,244 738,994 100.2% 943,975 488,736 9,531 52.8% Prop C Fund 231 14,405,003 2,456,989 17.1% 13,691,817 3,768,762 2,920,390 48.9% AB 2766 Fund 232 46,641 22,390 48.0% 673 560 - 83.2% Measure R 233 998,499 455,825 45.7% 2,044,355 109,590 228,730 16.5% Measure M 234 5,949,690 1,248,525 21.0% 6,835,866 934,478 448,287 20.2% Measure W 240 1,497,100 1,913,127 127.8% 1,497,100 - - 0.0% Capital Improvements Fund 401 3,862,447 1,279,655 33.1% 9,838,260 2,261,725 2,679,101 50.2% Bond Construction Fund 402 8,470,000 8,766,194 103.5% 8,470,000 1,691,890 6,603,198 97.9% Underground Assessment District Construction 403 42,110 (3,088) -7.3% 3,378,665 1,773,328 306,448 61.6% Water Fund 501 15,586,832 12,786,119 82.0% 48,672,031 22,466,275 17,007,175 81.1% Stormwater Fund 502 779,889 291,391 37.4% 4,490,300 1,316,471 126,420 32.1% Wastewater Fund 503 3,604,073 2,924,339 81.1% 13,752,020 2,356,683 451,746 20.4% Parking Fund 520 3,730,433 3,640,700 97.6% 3,478,420 2,197,254 211,454 69.2% County Parking Lots Fund 521 1,263,000 1,094,282 86.6% 872,452 167,365 - 19.2% State Pier & Parking Lot Fund 522 894,383 739,832 82.7% 2,325,346 382,997 46,237 18.5% Insurance Reserve Fund 601 11,026,963 9,732,973 88.3% 10,957,853 10,037,577 85,300 92.4% Information Systems Reserve Fund 605 3,039,108 2,532,600 83.3% 3,969,519 2,335,428 420,628 69.4% Fleet Management Fund 610 2,363,382 1,856,760 78.6% 4,202,993 1,046,232 2,134,424 75.7% Building Maintenance & Operation Fund 615 2,104,412 1,275,352 60.6% 2,202,368 1,294,989 486,129 80.9% Special Assessment Debt Service 710 707,750 636,730 90.0% 708,900 708,650 - 100.0% Special Assessment UAD 19-12 19-14 Fund 711 614,943 618,806 100.6% 606,707 607,876 - 100.2% Special Assessment UAD 19-4 Fund 712 336,313 371,545 110.5% 336,163 336,579 - 100.1% City Pension Fund 801 197,697 (511) -0.3% 196,680 170,456 - 86.7% PARS Investment Trust 804 100,000 (156,920) -156.9% - - - - $168,389,267 $128,466,624 76.3% $228,090,101 $120,416,361 $35,617,693 52.8% Year-to-Date
As of April 30, 2022
Fiscal Year 2021-2022 Statement of Revenues & Expenditures City of Manhattan Beach
Current Year Activity
% of Year
83.3%
Fund Original Budget Adjusted Year-to-Date Unrealized % No. Budget Adjustments Budget Actuals Amount Realized
General Fund 100 $82,260,057 482,308 $82,742,365 $70,371,694 12,370,671 85% Street Lighting & Landscaping Fund 201 389,689 - 389,689 464,177 (74,488) 119.1% Gas Tax Fund 205 1,395,158 1,316,127 2,711,285 2,228,442 482,842 82.2% Asset Forfeiture 210 28,824 - 28,824 19,613 9,211 68.0% Police Safety Grants 211 159,192 - 159,192 160,088 (896) 100.6% Prop A Fund 230 737,244 - 737,244 738,994 (1,750) 100.2% Prop C Fund 231 634,279 13,770,724 14,405,003 2,456,989 11,948,014 17.1% AB 2766 Fund 232 46,641 - 46,641 22,390 24,251 48.0% Measure R 233 458,499 540,000 998,499 455,825 542,674 45.7% Measure M 234 2,309,690 3,640,000 5,949,690 1,248,525 4,701,165 21.0% Measure W 240 - 1,497,100 1,497,100 1,913,127 (416,027) 127.8% Capital Improvements Fund 401 2,919,601 942,846 3,862,447 1,279,655 2,582,792 33.1% Bond Construction Fund 402 - 8,470,000 8,470,000 8,766,194 (296,194) 103.5% Underground Assessment District Construction 403 42,110 - 42,110 (3,088) 45,198 -7.3% Water Fund 501 15,586,832 - 15,586,832 12,786,119 2,800,713 82.0% Stormwater Fund 502 779,889 - 779,889 291,391 488,498 37.4% Wastewater Fund 503 3,604,073 - 3,604,073 2,924,339 679,734 81.1% Parking Fund 520 3,730,433 - 3,730,433 3,640,700 89,733 97.6% County Parking Lots Fund 521 1,263,000 - 1,263,000 1,094,282 168,718 86.6% State Pier & Parking Lot Fund 522 894,383 - 894,383 739,832 154,551 82.7% Insurance Reserve Fund 601 7,389,560 3,637,403 11,026,963 9,732,973 1,293,990 88.3% Information Systems Reserve Fund 605 3,039,108 - 3,039,108 2,532,600 506,508 83.3% Fleet Management Fund 610 2,363,382 - 2,363,382 1,856,760 506,622 78.6% Building Maintenance & Operation Fund 615 2,104,412 - 2,104,412 1,275,352 829,060 60.6% Special Assessment Debt Service 710 707,750 - 707,750 636,730 71,020 90.0% Special Assessment UAD 19-12 19-14 Fund 711 614,943 - 614,943 618,806 (3,863) 100.6% Special Assessment UAD 19-4 Fund 712 336,313 - 336,313 371,545 (35,232) 110.5% City Pension Fund 801 197,697 - 197,697 (511) 198,208 -0.3% PARS Investment Trust 804 100,000 - 100,000 (156,920) 256,920 -156.9% $134,092,759 $34,296,508 $168,389,267 $128,466,624 $39,922,643 76.3% City of Manhattan Beach
Fiscal Year 2021-2022 Citywide Revenues
As of April 30, 2022
Current Year Activity
% of Year
83.3%
Fund Original Budget Adjusted Available %
No. Budget Adjustments* Budget Actuals Encumbrances Budget Utilized General Fund 100 $77,698,292 $1,882,375 $79,580,667 $62,333,197 $821,693 $16,425,777 79.4% Street Lighting & Landscaping Fund 201 570,702 77,539 648,241 416,791 7,550 223,899 65.5% Gas Tax Fund 205 2,098,738 1,959,338 4,058,076 1,094,655 544,562 2,418,859 40.4% Asset Forfeiture 210 108,500 27,747 136,247 66,196 27,747 42,304 69.0% Police Safety Grants 211 155,000 39,408 194,408 51,620 50,945 91,843 52.8% Prop A Fund 230 932,081 11,894 943,975 488,736 9,531 445,708 52.8% Prop C Fund 231 192,332 13,499,485 13,691,817 3,768,762 2,920,390 7,002,664 48.9% AB 2766 Fund 232 673 - 673 560 - 113 83.2% Measure R 233 263,738 1,780,617 2,044,355 109,590 228,730 1,706,034 16.5% Measure M 234 2,413,738 4,422,128 6,835,866 934,478 448,287 5,453,101 20.2% Measure W 240 - 1,497,100 1,497,100 - - 1,497,100 - Capital Improvements Fund 401 4,103,784 5,734,476 9,838,260 2,261,725 2,679,101 4,897,434 50.2% Bond Construction Fund 402 - 8,470,000 8,470,000 1,691,890 6,603,198 174,913 97.9% Underground Assessment District Construction 403 1,779,705 1,598,960 3,378,665 1,773,328 306,448 1,298,889 61.6% Water Fund 501 15,551,079 33,120,952 48,672,031 22,466,275 17,007,175 9,198,581 81.1% Stormwater Fund 502 1,787,478 2,702,822 4,490,300 1,316,471 126,420 3,047,409 32.1% Wastewater Fund 503 3,045,862 10,706,158 13,752,020 2,356,683 451,746 10,943,591 20.4% Parking Fund 520 2,933,472 544,948 3,478,420 2,197,254 211,454 1,069,712 69.2% County Parking Lots Fund 521 872,452 - 872,452 167,365 - 705,087 19.2% State Pier & Parking Lot Fund 522 2,160,254 165,092 2,325,346 382,997 46,237 1,896,112 18.5% Insurance Reserve Fund 601 7,179,370 3,778,483 10,957,853 10,037,577 85,300 834,977 92.4% Information Systems Reserve Fund 605 3,520,830 448,689 3,969,519 2,335,428 420,628 1,213,464 69.4% Fleet Management Fund 610 4,056,296 146,697 4,202,993 1,046,232 2,134,424 1,022,337 75.7% Building Maintenance & Operation Fund 615 2,097,330 105,038 2,202,368 1,294,989 486,129 421,251 80.9% Special Assessment Debt Service 710 708,900 - 708,900 708,650 - 250 100.0% Special Assessment UAD 19-12 19-14 Fund 711 606,707 - 606,707 607,876 - (1,169) 100.2% Special Assessment UAD 19-4 Fund 712 336,163 - 336,163 336,579 - (416) 100.1% City Pension Fund 801 196,680 - 196,680 170,456 - 26,224 86.7% PARS Investment Trust 804 - - - - - - - $135,370,156 $92,719,945 $228,090,101 $120,416,361 $35,617,693 $72,056,048 68.4% *Budget Adjustments include City Council-approved adjustments during the current year and encumbrances carried forward from the prior year.
Year-to-Date
City of Manhattan Beach
Fiscal Year 2021-2022 Citywide Expenditures
As of April 30, 2022
Current Year Activity
3 4 5 6 7
City of Manhattan Beach Percent of Year
83.3%
Fund
Major Revenue Accounts No. 2017 2018 2019 2020 2021 2022 Adj Budget Realized Property Taxes 100 22,559,316 24,215,864 25,746,991 27,471,166 29,619,573 30,904,803 38,049,313 81.2% Sales & Use Tax 100 7,448,057 7,312,584 7,837,528 7,830,413 6,467,650 8,347,199 9,260,000 90.1% Franchise Tax (a) 100 1,108,275 1,094,222 1,008,237 1,018,936 1,051,935 1,082,197 1,135,000 95.3% Hotel Tax 100 3,707,655 3,076,271 3,588,030 3,574,726 1,605,033 4,668,616 4,025,000 116.0% Business License Tax 100 2,705,963 3,022,394 3,535,969 2,065,381 2,307,770 4,352,234 3,600,000 120.9% Real Estate Transfer Tax 100 452,331 663,498 598,175 674,360 733,379 1,066,884 810,000 131.7% Building Permits 100 1,280,182 1,695,463 1,610,408 1,391,144 1,231,939 1,608,741 1,532,712 105.0% Parking Citations 100 2,014,415 2,009,513 1,601,018 1,489,437 1,100,187 1,685,971 1,875,000 89.9% Interest Earnings 100 552,119 669,800 862,173 1,056,505 771,459 556,518 637,522 87.3% Marriott Hotel Rent 100 1,596,247 903,496 1,315,062 1,509,276 668,661 1,075,168 1,350,000 79.6% Vehicle in Lieu 100 15,812 18,680 17,276 28,431 - 40,590 17,000 238.8% Building Plan Check Fees 100 1,523,322 1,496,387 1,547,138 1,335,854 1,702,313 1,878,344 1,755,000 107.0% Total Major Revenue Accounts 44,963,693 46,178,172 49,268,008 49,445,629 47,259,899 57,267,264 64,046,547 89.4% Over/(Under) Prior Year 1,214,479 3,089,836 177,621 (2,185,730) 10,007,365 Percent Change From Prior Year 2.7% 6.7% 0.4% (4.4%) 21.2% Other Revenues 11,851,589 12,942,497 14,277,203 12,094,009 9,976,135 13,104,430 18,695,818 70.1% Total General Fund Revenues 56,815,282 59,120,669 63,545,210 61,539,638 57,236,033 70,371,694 82,742,365 85.0%
(a) The structure of payments for the some of the franchise fees has changed resulting in lower initial revenues at the beginning of the fiscal year as compared to prior years. This revenue will self adjust throughout the year to better align with prior full-year numbers.
Fiscal Year 2021-2022 General Fund Major Revenue Trends April 30, 2022
Year-To-Date Actuals FY 2022
$0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 Building Plan Check Fees
Marriott Hotel Rent
Interest Earnings
Parking Citations
Building Permits
Real Estate Transfer Tax
Business License Tax
Hotel Tax
Franchise Tax (a)
Sales & Use Tax
Property Taxes
April 30, 2022
Fiscal Year 2021-22
Fiscal Year 2020-21
General Fund Major Revenue Sources
3 4 5 6 7
Percent of Year
83.3%
#DIV/0!
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City of Manhattan Beach
Fiscal Year-To-Date General Fund Trends
Through April Year-Over-Year
$0
$2,500,000
$5,000,000
$7,500,000
$10,000,000
2017 2018 2019 2020 2021 2022
Sales & Use Tax
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
2017 2018 2019 2020 2021 2022
Franchise Tax
$0
$8,000,000
$16,000,000
$24,000,000
$32,000,000
$40,000,000
2017 2018 2019 2020 2021 2022
Property Taxes
$0
$1,500,000
$3,000,000
$4,500,000
$6,000,000
2017 2018 2019 2020 2021 2022
Hotel Tax
$0
$1,100,000
$2,200,000
$3,300,000
$4,400,000
$5,500,000
2017 2018 2019 2020 2021 2022
Business License Tax
$0
$250,000
$500,000
$750,000
$1,000,000
$1,250,000
2017 2018 2019 2020 2021 2022
Real Estate Transfer Tax
$0
$550,000
$1,100,000
$1,650,000
$2,200,000
2017 2018 2019 2020 2021 2022
Building Permits
$0
$600,000
$1,200,000
$1,800,000
$2,400,000
2017 2018 2019 2020 2021 2022
Parking Citations
$0
$250,000
$500,000
$750,000
$1,000,000
$1,250,000
2017 2018 2019 2020 2021 2022
Interest Earnings
$0
$600,000
$1,200,000
$1,800,000
2017 2018 2019 2020 2021 2022
Marriott Hotel Rent
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
2017 2018 2019 2020 2021 2022
Building Plan Check Fees