City of Manhattan Beach
Finance Department
Month End Report
January 2025
Fiscal Year 2024-2025
% of Year
58.3%
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 $2,896,473 $221,455 $2,310,254 57.4% Finance 12 4,333,794 250,680 4,584,474 2,473,349 170,123 1,941,002 57.7% Human Resources 13 2,032,287 37,018 2,069,305 1,417,973 26,459 624,874 69.8% Parks and Recreation 14 10,575,180 159,845 10,735,025 6,255,566 556,544 3,922,915 63.5% Police 15 38,223,846 354,817 38,578,663 22,359,696 426,587 15,792,380 59.1% Fire 16 17,732,501 - 17,732,501 12,106,186 59,206 5,567,109 68.6% Community Development 17 8,228,911 175,841 8,404,752 4,287,064 151,474 3,966,214 52.8% Public Works 18 12,166,344 1,057,595 13,223,939 6,601,293 764,830 5,857,816 55.7% Information Technology 19 - - - - - - - $98,484,891 $2,271,951 $100,756,842 $58,397,600 $2,376,678 $39,982,564 60.3% 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 January 31, 2025
Current Year Activity
% of Year
58.3%
Adjusted Adjusted
Fund Budget YTD % Budget %
No. Revenues Revenues Realized Expenditures Expenditures Encumbrances Utilized* General Fund 100 $99,450,008 $52,609,297 52.9% $100,756,841 $58,397,600 $2,376,678 60.3% Street Lighting & Landscaping Fund 201 390,985 188,882 48.3% 726,173 270,942 3,008 37.7% Gas Tax Fund 205 2,082,844 1,121,817 53.9% 5,956,637 189,827 928,230 18.8% Asset Forfeiture Fund 210 41,800 48,542 116.1% 78,000 63,487 - 81.4% Police Safety Grants Fund 211 189,000 216,807 114.7% 373,032 176,002 - 47.2% Grants Fund 220 6,955,849 157,074 2.3% 6,919,849 174,050 19,583 2.8% Prop A Fund 230 988,594 494,941 50.1% 1,202,148 890,102 - 74.0% Prop C Fund 231 7,830,351 480,260 6.1% 7,770,058 188,232 215,183 5.2% AB 2766 Fund 232 47,500 34,868 73.4% 273,428 1,877 - 0.7% Measure R Fund 233 1,513,142 401,606 26.5% 3,643,478 43,737 287,861 9.1% Measure M Fund 234 19,952,149 361,590 1.8% 20,138,263 237,788 1,527,684 8.8% Measure W Fund 240 28,133,779 80,782 0.3% 28,071,967 103,059 2,173,977 8.1% Capital Improvements Fund 401 2,114,453 1,056,578 50.0% 12,179,455 2,598,730 431,159 24.9% Bond Construction Fund 402 - 41,635 - 60 241 - 401.7% Underground Assessment District Construction 403 - 115,833 - 1,170,556 58,985 38,500 8.3% Water Fund 501 16,832,770 11,738,985 69.7% 25,935,367 8,802,120 2,999,019 45.5% Storm Drain Fund 502 2,227,340 1,202,035 54.0% 7,424,304 731,328 2,218,478 39.7% Sewer Fund 503 4,273,070 3,327,740 77.9% 21,249,581 1,613,951 1,226,101 13.4% Parking Fund 520 4,387,700 2,609,819 59.5% 6,455,041 2,345,611 385,325 42.3% County Parking Lots Fund 521 1,111,200 649,982 58.5% 957,932 224,341 30,430 26.6% State Pier & Parking Lot Fund 522 870,500 525,617 60.4% 1,650,764 513,606 389,235 54.7% Insurance Reserve Fund 601 9,223,980 4,640,609 50.3% 9,386,625 7,615,185 121,472 82.4% Information Technology Fund 605 4,660,060 2,334,749 50.1% 5,906,980 2,755,320 389,981 53.2% Fleet Management Fund 610 3,334,359 1,724,972 51.7% 5,939,024 1,239,110 1,127,474 39.8% Building Maintenance & Operation Fund 615 2,732,659 1,532,022 56.1% 3,019,002 1,565,398 175,989 57.7% Underground Assessment Fund 2018 Refunding 710 714,150 289,770 40.6% 716,425 689,400 - 96.2% Underground Assessment Fund 19-12 & 19-14 711 606,106 317,180 52.3% 608,057 496,149 - 81.6% Underground Assessment Fund 19-4 712 337,613 85,968 25.5% 337,793 277,288 - 82.1% City Pension Fund 801 206,188 358 0.2% 207,666 119,311 - 57.5% Section 115 Fund 804 100,000 152,887 152.9% 1,021,059 991,015 - 97.1% $221,308,150 $88,543,204 40.0% $280,075,565 $93,373,789 $17,065,366 39.4% *Includes Encumbered Amounts
Year-to-Date
As of January 31, 2025
Fiscal Year 2025 Statement of Revenues & Expenditures
City of Manhattan Beach
Current Year Activity
% of Year
58.3%
Fund Original Budget Adjusted Year-to-Date Unrealized % No. Budget Adjustments Budget Actuals Amount Realized
General Fund 100 $98,993,155 456,853 $99,450,008 $52,609,297 $46,840,711 52.9% Street Lighting & Landscaping Fund 201 390,985 - 390,985 188,882 202,103 48.3% Gas Tax Fund 205 1,935,943 146,901 2,082,844 1,121,817 961,028 53.9% Asset Forfeiture Fund 210 41,800 - 41,800 48,542 (6,742) 116.1% Police Safety Grants Fund 211 189,000 - 189,000 216,807 (27,807) 114.7% Grants Fund 220 5,320,000 1,635,849 6,955,849 157,074 6,798,775 2.3% Prop A Fund 230 988,594 - 988,594 494,941 493,653 50.1% Prop C Fund 231 802,856 7,027,495 7,830,351 480,260 7,350,091 6.1% AB 2766 Fund 232 47,500 - 47,500 34,868 12,632 73.4% Measure R Fund 233 964,892 548,250 1,513,142 401,606 1,111,535 26.5% Measure M Fund 234 6,510,878 13,441,271 19,952,149 361,590 19,590,559 1.8% Measure W Fund 240 411,500 27,722,279 28,133,779 80,782 28,052,997 0.3% Capital Improvements Fund 401 1,714,302 400,151 2,114,453 1,056,578 1,057,876 50.0% Bond Construction Fund 402 - - - 41,635 (41,635) - Underground Assessment District Construction 403 - - - 115,833 (115,833) - Water Fund 501 16,832,770 - 16,832,770 11,738,985 5,093,785 69.7% Storm Drain Fund 502 2,227,340 - 2,227,340 1,202,035 1,025,305 54.0% Sewer Fund 503 4,273,070 - 4,273,070 3,327,740 945,330 77.9% Parking Fund 520 4,387,700 - 4,387,700 2,609,819 1,777,881 59.5% County Parking Lots Fund 521 1,111,200 - 1,111,200 649,982 461,218 58.5% State Pier & Parking Lot Fund 522 870,500 - 870,500 525,617 344,883 60.4% Insurance Reserve Fund 601 9,223,980 - 9,223,980 4,640,609 4,583,371 50.3% Information Technology Fund 605 4,660,060 - 4,660,060 2,334,749 2,325,311 50.1% Fleet Management Fund 610 3,334,359 - 3,334,359 1,724,972 1,609,387 51.7% Building Maintenance & Operation Fund 615 2,732,659 - 2,732,659 1,532,022 1,200,637 56.1% Underground Assessment Fund 2018 Refunding 710 714,150 - 714,150 289,770 424,380 40.6% Underground Assessment Fund 19-12 & 19-14 711 606,106 - 606,106 317,180 288,926 52.3% Underground Assessment Fund 19-4 712 337,613 - 337,613 85,968 251,645 25.5% City Pension Fund 801 206,188 - 206,188 358 205,830 0.2% Section 115 Fund 804 100,000 - 100,000 152,887 (52,887) 152.9% $169,929,100 $51,379,050 $221,308,150 $88,543,204 $132,764,945 40.0% City of Manhattan Beach
Fiscal Year 2025 Citywide Revenues
As of January 31, 2025
Current Year Activity
% of Year
58.3%
Fund Original Budget Adjusted Available %
No. Budget Adjustments* Budget Actuals Encumbrances Budget Utilized** General Fund 100 $98,484,891 $2,271,950 $100,756,841 $58,397,600 $2,376,678 $39,982,563 60.3% Street Lighting & Landscaping Fund 201 704,331 21,842 726,173 270,942 3,008 452,223 37.7% Gas Tax Fund 205 2,075,138 3,881,499 5,956,637 189,827 928,230 4,838,581 18.8% Asset Forfeiture Fund 210 78,000 - 78,000 63,487 - 14,513 81.4% Police Safety Grants Fund 211 215,000 158,032 373,032 176,002 - 197,030 47.2% Grants Fund 220 5,320,000 1,599,849 6,919,849 174,050 19,583 6,726,216 2.8% Prop A Fund 230 769,417 432,731 1,202,148 890,102 - 312,046 74.0% Prop C Fund 231 1,060,138 6,709,920 7,770,058 188,232 215,183 7,366,642 5.2% AB 2766 Fund 232 673 272,755 273,428 1,877 - 271,551 0.7% Measure R Fund 233 2,470,138 1,173,340 3,643,478 43,737 287,861 3,311,880 9.1% Measure M Fund 234 6,218,138 13,920,125 20,138,263 237,788 1,527,684 18,372,791 8.8% Measure W Fund 240 100,000 27,971,967 28,071,967 103,059 2,173,977 25,794,930 8.1% Capital Improvements Fund 401 5,554,068 6,625,387 12,179,455 2,598,730 431,159 9,149,567 24.9% 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 6,785,236 25,935,367 8,802,120 2,999,019 14,134,228 45.5% Storm Drain Fund 502 2,613,335 4,810,969 7,424,304 731,328 2,218,478 4,474,498 39.7% Sewer Fund 503 8,305,857 12,943,724 21,249,581 1,613,951 1,226,101 18,409,529 13.4% Parking Fund 520 4,290,885 2,164,156 6,455,041 2,345,611 385,325 3,724,105 42.3% County Parking Lots Fund 521 890,901 67,031 957,932 224,341 30,430 703,160 26.6% State Pier & Parking Lot Fund 522 935,275 715,489 1,650,764 513,606 389,235 747,923 54.7% Insurance Reserve Fund 601 9,370,892 15,733 9,386,625 7,615,185 121,472 1,649,968 82.4% Information Technology Fund 605 5,428,569 478,411 5,906,980 2,755,320 389,981 2,761,680 53.2% Fleet Management Fund 610 4,930,447 1,008,577 5,939,024 1,239,110 1,127,474 3,572,440 39.8% Building Maintenance & Operation Fund 615 2,732,659 286,343 3,019,002 1,565,398 175,989 1,277,616 57.7% 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 - 207,666 119,311 - 88,355 57.5% Section 115 Fund 804 1,021,059 - 1,021,059 991,015 - 30,044 97.1% $184,589,883 $95,485,682 $280,075,565 $93,373,789 $17,065,366 $169,636,410 39.4% *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 January 31, 2025
Current Year Activity
$3 $4 $5 $6 $7
Percent of Year
58.3%
Major Revenue Accounts 2020 2021 2022 2023 2024 2025 Adj Budget Realized Property Taxes $17,448,035 $12,953,416 $19,514,592 $20,922,558 $21,982,501 $23,105,175 $44,688,638 51.7% Sales & Use Tax* 5,580,287 4,783,258 5,813,585 6,429,043 6,741,650 4,562,269 11,350,000 40.2% Hotel Transient Occupancy Tax (TOT)* 2,835,439 1,183,374 2,965,157 3,941,071 4,479,940 3,833,061 7,415,000 51.7% Short Term Rental TOT* 5,450 - - 77,003 624,694 799,272 1,200,000 66.6% Business License Tax 490,227 817,415 1,031,426 630,814 841,423 539,214 5,200,000 10.4% Real Estate Transfer Tax 610,955 527,678 874,561 387,668 354,747 418,442 800,000 52.3% Building Permits 1,101,962 849,070 1,023,875 970,964 1,317,596 1,408,596 2,100,000 67.1% Parking Citations 1,098,921 981,665 1,172,769 1,356,247 792,622 1,283,813 2,175,000 59.0% Interest Earnings 666,997 521,227 348,423 494,330 1,039,311 1,079,034 1,375,000 78.5% Building Plan Check Fees 1,161,341 1,194,711 1,284,465 1,093,327 1,035,907 1,306,598 1,837,500 71.1% Total Major Revenue Accounts $30,999,614 $23,811,812 $34,028,852 $36,303,025 $39,210,392 $38,335,471 $78,141,138 49.1% Over/(Under) Prior Year (7,187,802) 10,217,040 2,274,173 2,907,367 (874,921) Percent Change From Prior Year (23.2%) 42.9% 6.7% 8.0% (2.2%) Other Revenues* 2,081,558 7,339,429 10,006,395 12,458,665 14,752,320 $14,273,825 21,308,870 67.0% Total General Fund Revenues $33,081,172 $31,151,241 $44,035,247 $48,761,690 $53,962,712 $52,609,297 $99,450,008 52.9% * 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
January 31, 2025
$0 $6,000,000 $12,000,000 $18,000,000 $24,000,000
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
January 31, 2025
Fiscal Year 2025
Fiscal Year 2024
General Fund Major Revenue Sources
$3 $4 $5 $6 $7
Percent of Year
58.3%
-
* 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 Fiscal Year
City of Manhattan Beach
Fiscal Year-To-Date General Fund Trends
Through January Year-Over-Year
$0
$2,000,000
$4,000,000
$6,000,000
$8,000,000
2020 2021 2022 2023 2024 2025
Sales & Use Tax*
$0
$6,000,000
$12,000,000
$18,000,000
$24,000,000
2020 2021 2022 2023 2024 2025
Property Taxes
$0
$1,200,000
$2,400,000
$3,600,000
$4,800,000
2020 2021 2022 2023 2024 2025
Hotel Transient Occupancy Tax
(TOT)*
$0
$300,000
$600,000
$900,000
$1,200,000
2020 2021 2022 2023 2024 2025
Business License Tax
$0
$250,000
$500,000
$750,000
$1,000,000
2020 2021 2022 2023 2024 2025
Real Estate Transfer Tax
$0
$400,000
$800,000
$1,200,000
$1,600,000
2020 2021 2022 2023 2024 2025
Building Permits
$0
$350,000
$700,000
$1,050,000
$1,400,000
2020 2021 2022 2023 2024 2025
Parking Citations
$0
$300,000
$600,000
$900,000
$1,200,000
2020 2021 2022 2023 2024 2025
Interest Earnings
$0
$350,000
$700,000
$1,050,000
$1,400,000
2020 2021 2022 2023 2024 2025
Building Plan Check Fees
$0
$200,000
$400,000
$600,000
$800,000
2020 2021 2022 2023 2024 2025
Short Term Rental TOT*
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. 19,604 100-21706 Recreation Sponsorships 2017 Sponsorship revenue/expenses for other programs. 35,750 802-21708 Public Arts Fund 2003 Funded through a portion of development fees. Used to fund Public Art. 1,731,009 100-21410 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. 14,985 100-21404 Neighborhood Watch Deposits 1997 Property that is forfeited permanently and goes to auction. The funds are deposited for various Neighborhood Watch uses. 24,265 100-21407 Equipment Deposits 1997 Funded through donations. Used for Various Special Equipment. 25,878 100-21412 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.
47,278
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.
52,123
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.). 618,795 100-21608 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.
85,455
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. 16,295
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.
124,917
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.
208,275
Total $ 3,360,295
Information Technology
Balance Sheet Accounts
As of January 31, 2025
Parks & Recreation
Police
Fire
Community Development