% of Year
41.7%
Adjusted Adjusted
Fund Budget YTD % Budget %
No. Revenues Revenues Realized Expenditures Expenditures Encumbrances Utilized* General Fund 100 $99,370,008 $22,511,046 22.7% $100,501,841 $39,074,351 $2,617,661 41.5% Street Lighting & Landscaping Fund 201 390,985 3,536 0.9% 726,173 190,769 3,008 26.7% Gas Tax Fund 205 2,082,844 757,538 36.4% 5,960,259 101,673 1,016,374 18.8% Asset Forfeiture Fund 210 41,800 47,051 112.6% 78,000 53,256 - 68.3% Police Safety Grants Fund 211 189,000 162,993 86.2% 373,032 94,318 74,945 45.4% Grants Fund 220 6,955,849 - - 6,919,849 - 193,633 2.8% Prop A Fund 230 988,594 413,187 41.8% 1,202,148 749,435 - 62.3% Prop C Fund 231 7,830,351 384,666 4.9% 7,813,534 187,366 259,526 5.7% AB 2766 Fund 232 47,500 21,495 45.3% 273,428 1,821 - 0.7% Measure R Fund 233 1,513,142 341,232 22.6% 3,643,478 32,143 294,437 9.0% Measure M Fund 234 19,952,149 249,709 1.3% 20,138,263 43,513 1,700,968 8.7% Measure W Fund 240 28,133,779 70,441 0.3% 28,071,967 25,778 2,242,032 8.1% Capital Improvements Fund 401 2,114,453 791,745 37.4% 12,299,391 1,099,933 539,258 13.3% Bond Construction Fund 402 - 39,060 - 60 241 - 401.7% Underground Assessment District Construction 403 - 107,383 - 1,170,556 58,985 38,500 8.3% Water Fund 501 16,832,770 8,633,196 51.3% 25,936,372 5,950,459 3,258,225 35.5% Storm Drain Fund 502 2,227,340 187,877 8.4% 7,424,304 512,141 2,288,713 37.7% Sewer Fund 503 4,273,070 2,445,400 57.2% 21,249,581 1,166,002 1,201,161 11.1% Parking Fund 520 4,387,700 2,091,585 47.7% 6,455,041 1,115,455 542,408 25.7% County Parking Lots Fund 521 1,111,200 530,153 47.7% 957,932 156,084 35,236 20.0% State Pier & Parking Lot Fund 522 870,500 409,900 47.1% 1,650,764 448,822 394,323 51.1% Insurance Reserve Fund 601 9,223,980 3,910,851 42.4% 9,386,625 6,583,668 171,015 72.0% Information Technology Fund 605 4,660,060 1,942,528 41.7% 5,906,980 2,057,519 575,958 44.6% Fleet Management Fund 610 3,334,359 1,409,507 42.3% 5,939,024 996,175 1,069,587 34.8% Building Maintenance & Operation Fund 615 2,732,659 1,146,244 41.9% 3,019,002 1,147,662 293,240 47.7% Underground Assessment Fund 2018 Refunding 710 714,150 30,409 4.3% 716,425 689,400 - 96.2% Underground Assessment Fund 19-12 & 19-14 711 606,106 15,411 2.5% 608,057 496,149 - 81.6% Underground Assessment Fund 19-4 712 337,613 6,970 2.1% 337,793 277,288 - 82.1% City Pension Fund 801 206,188 358 0.2% 207,666 87,072 - 41.9% Section 115 Fund 804 100,000 186,403 186.4% 1,021,059 991,015 - 97.1% $221,228,150 $48,847,872 22.1% $279,988,605 $64,388,491 $18,810,209 29.7% *Includes Encumbered Amounts
Year-to-Date
As of November 30, 2024
Fiscal Year 2025 Statement of Revenues & Expenditures
City of Manhattan Beach
Current Year Activity
% of Year
41.7%
Fund Original Budget Adjusted Year-to-Date Unrealized % No. Budget Adjustments Budget Actuals Amount Realized
General Fund 100 $98,993,155 376,853 $99,370,008 $22,511,046 $76,858,962 22.7% Street Lighting & Landscaping Fund 201 390,985 - 390,985 3,536 387,449 0.9% Gas Tax Fund 205 1,935,943 146,901 2,082,844 757,538 1,325,306 36.4% Asset Forfeiture Fund 210 41,800 - 41,800 47,051 (5,251) 112.6% Police Safety Grants Fund 211 189,000 - 189,000 162,993 26,007 86.2% Grants Fund 220 5,320,000 1,635,849 6,955,849 - 6,955,849 - Prop A Fund 230 988,594 - 988,594 413,187 575,407 41.8% Prop C Fund 231 802,856 7,027,495 7,830,351 384,666 7,445,685 4.9% AB 2766 Fund 232 47,500 - 47,500 21,495 26,005 45.3% Measure R Fund 233 964,892 548,250 1,513,142 341,232 1,171,910 22.6% Measure M Fund 234 6,510,878 13,441,271 19,952,149 249,709 19,702,440 1.3% Measure W Fund 240 411,500 27,722,279 28,133,779 70,441 28,063,338 0.3% Capital Improvements Fund 401 1,714,302 400,151 2,114,453 791,745 1,322,709 37.4% Bond Construction Fund 402 - - - 39,060 (39,060) - Underground Assessment District Construction 403 - - - 107,383 (107,383) - Water Fund 501 16,832,770 - 16,832,770 8,633,196 8,199,574 51.3% Storm Drain Fund 502 2,227,340 - 2,227,340 187,877 2,039,463 8.4% Sewer Fund 503 4,273,070 - 4,273,070 2,445,400 1,827,670 57.2% Parking Fund 520 4,387,700 - 4,387,700 2,091,585 2,296,115 47.7% County Parking Lots Fund 521 1,111,200 - 1,111,200 530,153 581,047 47.7% State Pier & Parking Lot Fund 522 870,500 - 870,500 409,900 460,600 47.1% Insurance Reserve Fund 601 9,223,980 - 9,223,980 3,910,851 5,313,129 42.4% Information Technology Fund 605 4,660,060 - 4,660,060 1,942,528 2,717,532 41.7% Fleet Management Fund 610 3,334,359 - 3,334,359 1,409,507 1,924,852 42.3% Building Maintenance & Operation Fund 615 2,732,659 - 2,732,659 1,146,244 1,586,415 41.9% Underground Assessment Fund 2018 Refunding 710 714,150 - 714,150 30,409 683,741 4.3% Underground Assessment Fund 19-12 & 19-14 711 606,106 - 606,106 15,411 590,695 2.5% Underground Assessment Fund 19-4 712 337,613 - 337,613 6,970 330,643 2.1% City Pension Fund 801 206,188 - 206,188 358 205,830 0.2% Section 115 Fund 804 100,000 - 100,000 186,403 (86,403) 186.4% $169,929,100 $51,299,050 $221,228,150 $48,847,872 $172,380,278 22.1% City of Manhattan Beach
Fiscal Year 2025 Citywide Revenues
As of November 30, 2024
Current Year Activity
% of Year
41.7%
Fund Original Budget Adjusted Available %
No. Budget Adjustments* Budget Actuals Encumbrances Budget Utilized** General Fund 100 $98,484,891 $2,016,950 $100,501,841 $39,074,351 $2,617,661 $58,809,829 41.5% Street Lighting & Landscaping Fund 201 704,331 21,842 726,173 190,769 3,008 532,396 26.7% Gas Tax Fund 205 2,075,138 3,885,121 5,960,259 101,673 1,016,374 4,842,212 18.8% Asset Forfeiture Fund 210 78,000 - 78,000 53,256 - 24,744 68.3% Police Safety Grants Fund 211 215,000 158,032 373,032 94,318 74,945 203,769 45.4% Grants Fund 220 5,320,000 1,599,849 6,919,849 - 193,633 6,726,216 2.8% Prop A Fund 230 769,417 432,731 1,202,148 749,435 - 452,713 62.3% Prop C Fund 231 1,060,138 6,753,396 7,813,534 187,366 259,526 7,366,642 5.7% AB 2766 Fund 232 673 272,755 273,428 1,821 - 271,607 0.7% Measure R Fund 233 2,470,138 1,173,340 3,643,478 32,143 294,437 3,316,899 9.0% Measure M Fund 234 6,218,138 13,920,125 20,138,263 43,513 1,700,968 18,393,781 8.7% Measure W Fund 240 100,000 27,971,967 28,071,967 25,778 2,242,032 25,804,157 8.1% Capital Improvements Fund 401 5,554,068 6,745,323 12,299,391 1,099,933 539,258 10,660,200 13.3% Bond Construction Fund 402 - 60 60 241 - (181) 401.7% Underground Assessment District Construction 403 - 1,170,556 1,170,556 58,985 38,500 1,073,071 8.3% Water Fund 501 19,150,131 6,786,241 25,936,372 5,950,459 3,258,225 16,727,688 35.5% Storm Drain Fund 502 2,613,335 4,810,969 7,424,304 512,141 2,288,713 4,623,450 37.7% Sewer Fund 503 8,305,857 12,943,724 21,249,581 1,166,002 1,201,161 18,882,418 11.1% Parking Fund 520 4,290,885 2,164,156 6,455,041 1,115,455 542,408 4,797,179 25.7% County Parking Lots Fund 521 890,901 67,031 957,932 156,084 35,236 766,612 20.0% State Pier & Parking Lot Fund 522 935,275 715,489 1,650,764 448,822 394,323 807,619 51.1% Insurance Reserve Fund 601 9,370,892 15,733 9,386,625 6,583,668 171,015 2,631,942 72.0% Information Technology Fund 605 5,428,569 478,411 5,906,980 2,057,519 575,958 3,273,502 44.6% Fleet Management Fund 610 4,930,447 1,008,577 5,939,024 996,175 1,069,587 3,873,262 34.8% Building Maintenance & Operation Fund 615 2,732,659 286,343 3,019,002 1,147,662 293,240 1,578,100 47.7% Underground Assessment Fund 2018 Refunding 710 716,425 - 716,425 689,400 - 27,025 96.2% Underground Assessment Fund 19-12 & 19-14 711 608,057 - 608,057 496,149 - 111,908 81.6% Underground Assessment Fund 19-4 712 337,793 - 337,793 277,288 - 60,506 82.1% City Pension Fund 801 207,666 - 207,666 87,072 - 120,594 41.9% Section 115 Fund 804 1,021,059 - 1,021,059 991,015 - 30,044 97.1% $184,589,883 $95,398,722 $279,988,605 $64,388,491 $18,810,209 $196,789,905 29.7% *Budget Adjustments include City Council-approved adjustments during the current year and encumbrances carried forward from the prior year. **Includes Encumbered Amounts
Year-to-Date
City of Manhattan Beach
Fiscal Year 2025 Citywide Expenditures
As of November 30, 2024
Current Year Activity
$3 $4 $5 $6 $7
Percent of Year
41.7%
Major Revenue Accounts 2020 2021 2022 2023 2024 2025 Adj Budget Realized Property Taxes $1,293,478 $1,369,646 $1,295,740 $1,345,173 $1,494,231 $1,600,667 $44,688,638 3.6% Sales & Use Tax* 4,041,448 3,294,389 4,311,560 4,838,676 5,010,572 2,827,414 11,350,000 24.9% Hotel Transient Occupancy Tax (TOT)* 2,187,382 915,719 2,108,406 3,052,403 3,404,925 2,785,344 7,415,000 37.6% Short Term Rental TOT* 5,450 - 600 35,622 424,469 452,014 1,200,000 37.7% Business License Tax 436,630 691,497 989,699 565,640 747,839 439,387 5,200,000 8.4% Real Estate Transfer Tax 466,293 339,188 663,510 246,602 227,840 243,661 800,000 30.5% Building Permits 702,786 621,607 639,924 758,045 1,106,454 863,614 2,100,000 41.1% Parking Citations 863,258 701,140 891,113 925,786 564,051 862,632 2,175,000 39.7% Interest Earnings 555,322 470,235 315,894 372,467 871,071 913,315 1,375,000 66.4% Building Plan Check Fees 732,195 840,706 781,471 685,864 787,063 984,433 1,837,500 53.6% Total Major Revenue Accounts $11,284,242 $9,244,129 $11,997,917 $12,826,277 $14,638,514 $11,972,480 $78,141,138 15.3% Over/(Under) Prior Year (2,040,114) 2,753,788 828,360 1,812,237 (2,666,034) Percent Change From Prior Year (18.1%) 29.8% 6.9% 14.1% (18.2%) Other Revenues* 7,931,034 6,582,276 7,225,404 9,633,784 11,219,239 $10,538,566 21,228,870 49.6% Total General Fund Revenues $19,215,276 $15,826,404 $19,223,320 $22,460,061 $25,857,753 $22,511,046 $99,370,008 22.7% * 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 Fiscal Year
City of Manhattan Beach
Fiscal Year 2025 General Fund Major Revenue Trends
Year-To-Date Actuals FY 2025
November 30, 2024
$0 $1,300,000 $2,600,000 $3,900,000 $5,200,000
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
November 30, 2024
Fiscal Year 2024-25
Fiscal Year 2023-24
General Fund Major Revenue Sources
$3 $4 $5 $6 $7
Percent of Year
41.7%
-
* 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 Fiscal Year
City of Manhattan Beach
Fiscal Year-To-Date General Fund Trends
Through November Year-Over-Year
$0
$1,300,000
$2,600,000
$3,900,000
$5,200,000
2020 2021 2022 2023 2024 2025
Sales & Use Tax*
$0
$450,000
$900,000
$1,350,000
$1,800,000
2020 2021 2022 2023 2024 2025
Property Taxes
$0
$875,000
$1,750,000
$2,625,000
$3,500,000
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
$175,000
$350,000
$525,000
$700,000
2020 2021 2022 2023 2024 2025
Real Estate Transfer Tax
$0
$300,000
$600,000
$900,000
$1,200,000
2020 2021 2022 2023 2024 2025
Building Permits
$0
$250,000
$500,000
$750,000
$1,000,000
2020 2021 2022 2023 2024 2025
Parking Citations
$0
$250,000
$500,000
$750,000
$1,000,000
2020 2021 2022 2023 2024 2025
Interest Earnings
$0
$250,000
$500,000
$750,000
$1,000,000
2020 2021 2022 2023 2024 2025
Building Plan Check Fees
$0
$125,000
$250,000
$375,000
$500,000
2020 2021 2022 2023 2024 2025
Short Term Rental TOT*
% of Year
41.7%
Dept Original Budget Adjusted YTD YTD Available %
No. Budget Adjustments1 Budget Expenditures Encumbrances Budget Used Management Services 11 $5,192,028 $236,155 $5,428,183 $1,948,880 $223,855 $3,255,448 40.0% Finance 12 4,333,794 75,680 4,409,474 1,749,395 186,796 2,473,283 43.9% Human Resources 13 2,032,287 37,018 2,069,305 1,041,413 26,459 1,001,433 51.6% Parks and Recreation 14 10,575,180 159,845 10,735,025 4,307,534 712,347 5,715,144 46.8% Police 15 38,223,846 274,817 38,498,663 14,406,144 463,857 23,628,662 38.6% Fire 16 17,732,501 - 17,732,501 7,982,055 54,480 9,695,966 45.3% Community Development 17 8,228,911 175,841 8,404,752 3,030,472 144,083 5,230,196 37.8% Public Works 18 12,166,344 1,057,595 13,223,939 4,608,459 805,784 7,809,697 40.9% Information Technology 19 - - - - - - - $98,484,891 $2,016,950 $100,501,841 $39,074,351 $2,617,661 $58,809,829 41.5% ¹Budget Adjustments include City Council-approved adjustments during the current year and encumbrances carried forward from the prior year.
City of Manhattan Beach
Fiscal Year 2025 General Fund Expenditures by Department As of November 30, 2024
Current Year Activity
Account Description Established Purpose Amount
100-21501 Tree and Bench Donations 2003 Donations for trees & benches. $ 6,797 100-21705 Pumpkin Race 2013 Sponsorship revenue/expenses for Pumpkin Race. 106 100-21706 Recreation Sponsorships 2017 Sponsorship revenue/expenses for other programs. 30,750 802-21708 Public Arts Fund 2003 Funded through a portion of development fees. Used to fund Public Art. 1,597,620 100-21410 Reserve Force Deposits 1997 Funded through donations. Reserve Officer equipment, training, etc. $ 1,945 100-21405 K9 Deposits 1997 Funded through donations. Used for K9 Equipment. 530 100-21408 Victims Assistance Deposits 1997 Property that is forfeited permanently and goes to auction. The funds are deposited for Victims Assistance programs. 3,423 100-21411 Every 15 Minutes Deposits 1998 Funded through donations. Every 15 Minutes Program. In conjunction with Mira Costa (MBUSD). 4,356 100-21409 Explorer Scout Deposits 1997 Funded through donations. Explorer events, special equipment, etc. 13,985 100-21404 Neighborhood Watch Deposits 1997 Property that is forfeited permanently and goes to auction. The funds are deposited for various Neighborhood Watch uses. 19,294 100-21407 Equipment Deposits 1997 Funded through donations. Used for Various Special Equipment. 24,678 100-21412 Graux Trust (Police) 2014 Donation gift from the Graux Trust. 8,893 100-21402 Inmate Welfare Deposits 1997 Funds generated through inmate telephone in the jail. Use for Inmate welfare, i.e. new mattresses, periodicals, newspapers, books, etc.
46,991
100-21453 Paramedic Trust Deposits 1997 Donations to Fire operations. $ 7,295 100-21451 Graux/Rotary Trust (Fire) 2014 Donation gift from the Graux Trust. 1,756 100-21452 Customer Deposits 2012 Donations from public to fire services. 1,063 100-21913 Fire Technology Replacement 2020 Funded through a fee of 5% of annual Fire Inspection Permits. The purpose of this technology fee is to recover the cost associated with replacement of existing system, upgrades to the existing and new system, and maintenance costs associated with the system.
49,636
100-21602 Tree Penalties for Illegal Removal 2018 Fines for illegally removed trees for the planting of new trees. $ 77,355 100-21601 General Plan Maintenance 2010 Surcharge taken from permits to fund updates for General Plan (i.e., Mobility Plan, Housing Element, Land Use, etc.). 602,132 100-21608 Seismic Fees 1998 A portion of this fee is paid quarterly by the City to the Department of Conservation (DoC) along with a quarterly report.
Balance of fee is used for data utilization, and seismic education incorporating data interpretations from data of the strong- motion instrumentation program.
83,612
100-21609 Congestion Management Plan 2002 Fees that are charged for projects that increase traffic; Planning correction checklist has section for CMP, where a spreadsheet calculates trips/cost; county program on hold for number of years. Funds are to be used for transportation improvements.
68,440
100-21610 BSA Revolving Fund Fee 2009 Fee identified during Building permit application. A portion of this fee is paid quarterly by the City to the CA Building Standards Commission (BSC) along with a quarterly report. Fee paid to BSC based on calculations in the report. 14,749
100-21616 SB 1186 Disability Access & Education 2014 Fee charged on permits, a portion of which is available yearly for Building Inspector training on Title 24, CASp (Certified Access Specialist Program), and SB 1186.
123,383
100-21914 Energov Technology Replacement 2020 Funded through a fee of 3% of Building Permits. The purpose of this technology fee is to recover the cost associated with replacement of existing system, upgrades to the existing and new system, and maintenance costs associated with the system.
88,262
100-21311 Time Warner PEG Deposit 1997 Public, Education, and Governmental Access. MBtv (city government cablecast and webcast) capital expenditures, repairs and upgrades.
$ 50,429
100-21312 Verizon PEG Deposit 2007 Public, Education, and Governmental Access. MBtv (city government cablecast and webcast) capital expenditures, repairs and upgrades.
205,302
Total $ 3,132,783
Information Technology
Balance Sheet Accounts
As of November 30, 2024
Parks & Recreation
Police
Fire
Community Development