$3 $4 $5 $6 $7
Percent of Year
25.0%
Major Revenue Accounts 2020 2021 2022 2023 2024 2025 Adj Budget Realized Property Taxes $755,718 $776,468 $770,228 $824,597 $896,048 $957,450 $44,688,638 2.1% Sales & Use Tax* 2,317,466 1,945,493 2,376,253 2,864,287 3,090,624 1,047,716 11,350,000 9.2% Hotel Transient Occupancy Tax (TOT)* 1,385,706 501,037 1,308,753 1,874,724 2,088,298 1,647,417 7,415,000 22.2% Short Term Rental TOT* 5,450 - - 14,383 223,665 256,456 1,200,000 21.4% Business License Tax 319,075 557,680 801,942 432,420 488,439 323,500 5,200,000 6.2% Real Estate Transfer Tax 377,688 128,916 336,863 109,875 162,856 91,364 800,000 11.4% Building Permits 466,690 378,485 462,326 507,980 662,690 563,639 2,100,000 26.8% Parking Citations 526,435 386,735 532,862 524,524 315,987 410,647 2,175,000 18.9% Interest Earnings 388,176 370,608 245,811 199,650 564,120 560,894 1,375,000 40.8% Building Plan Check Fees 512,390 481,107 458,479 446,677 465,391 574,903 1,837,500 31.3% Total Major Revenue Accounts $7,054,794 $5,526,530 $7,293,516 $7,799,117 $8,958,117 $6,433,985 $78,141,138 8.2% Over/(Under) Prior Year (1,528,264) 1,766,986 505,601 1,159,000 (2,524,131) Percent Change From Prior Year (21.7%) 32.0% 6.9% 14.9% (28.2%) Other Revenues* 5,047,296 3,612,621 4,409,312 6,686,515 8,121,671 $6,786,764 21,153,870 32.1% Total General Fund Revenues $12,102,091 $9,139,151 $11,702,828 $14,485,632 $17,079,788 $13,220,750 $99,295,008 13.3% * Variance in FY 2025 is due to an accounting methodology change wherein identified key revenues are accrued and reversed to the previous year during Quarter 1 instead of at the End of the Year City of Manhattan Beach
Fiscal Year 2025 General Fund Major Revenue Trends
Year-To-Date Actuals FY 2025
September 30, 2024
$0 $800,000 $1,600,000 $2,400,000 $3,200,000
Building Plan Check Fees
Interest Earnings
Parking Citations
Building Permits
Real Estate Transfer Tax
Business License Tax
Short Term Rental TOT*
Hotel Transient Occupancy Tax*
Sales & Use Tax*
Property Taxes
September 30, 2024
Fiscal Year 2024-25
Fiscal Year 2023-24
General Fund Major Revenue Sources
$3 $4 $5 $6 $7
Percent of Year
25.0%
-
* Variance in FY 2025 is due to an accounting methodology change wherein identified key revenues are accrued and reversed to the previous year during Quarter 1 instead of at the End of the Year City of Manhattan Beach
Fiscal Year-To-Date General Fund Trends
Through September Year-Over-Year
$0
$800,000
$1,600,000
$2,400,000
$3,200,000
2020 2021 2022 2023 2024 2025
Sales & Use Tax*
$0
$400,000
$800,000
$1,200,000
$1,600,000
2020 2021 2022 2023 2024 2025
Property Taxes
$0
$600,000
$1,200,000
$1,800,000
$2,400,000
2020 2021 2022 2023 2024 2025
Hotel Transient Occupancy Tax
(TOT)*
$0
$250,000
$500,000
$750,000
$1,000,000
2020 2021 2022 2023 2024 2025
Business License Tax
$0
$100,000
$200,000
$300,000
$400,000
2020 2021 2022 2023 2024 2025
Real Estate Transfer Tax
$0
$200,000
$400,000
$600,000
$800,000
2020 2021 2022 2023 2024 2025
Building Permits
$0
$150,000
$300,000
$450,000
$600,000
2020 2021 2022 2023 2024 2025
Parking Citations
$0
$150,000
$300,000
$450,000
$600,000
2020 2021 2022 2023 2024 2025
Interest Earnings
$0
$150,000
$300,000
$450,000
$600,000
2020 2021 2022 2023 2024 2025
Building Plan Check Fees
$0
$70,000
$140,000
$210,000
$280,000
2020 2021 2022 2023 2024 2025
Short Term Rental TOT*