City of Manhattan Beach
Finance Department
Month End Report
March 2025
Fiscal Year 2024-2025
% of Year
75.0%
Dept Original Budget Adjusted YTD YTD Available %
No. Budget Adjustments1 Budget ExpendituresEncumbrances Budget Used Management Services 11 $5,192,028 ($91,211) $5,100,817 $3,558,185 $195,339 $1,347,293 73.6% Finance 12 4,333,794 419,045 4,752,839 3,246,732 148,098 1,358,009 71.4% Human Resources 13 2,032,287 214,111 2,246,398 1,803,618 26,459 416,322 81.5% Parks and Recreation 14 10,575,180 122,062 10,697,242 7,717,905 394,375 2,584,962 75.8% Police 15 38,223,846 336,099 38,559,945 27,889,121 411,229 10,259,595 73.4% Fire 16 17,732,501 2,049,757 19,782,258 15,028,728 24,599 4,728,931 76.1% Community Development 17 8,228,911 187,522 8,416,433 5,513,856 125,790 2,776,787 67.0% Public Works 18 12,166,344 233,133 12,399,477 8,413,456 710,391 3,275,630 73.6% Information Technology 19 - - - - - - - $98,484,891 $3,470,518 $101,955,409 $73,171,600 $2,036,280 $26,747,529 73.8% 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 March 31, 2025
Current Year Activity
% of Year
75.0%
Adjusted Adjusted
Fund Budget YTD % Budget %
No. Revenues Revenues Realized ExpendituresExpendituresEncumbrancesUtilized* General Fund 100 $101,428,659 $65,918,198 65.0% $101,955,409 $73,171,600 $2,036,280 73.8% Street Lighting & Landscaping Fund 201 390,985 226,504 57.9% 726,173 324,323 3,008 45.1% Gas Tax Fund 205 2,082,844 1,452,855 69.8% 5,931,208 398,317 2,026,667 40.9% Asset Forfeiture Fund 210 41,800 52,676 126.0% 148,000 76,141 - 51.4% Police Safety Grants Fund 211 189,000 219,853 116.3% 373,032 178,248 - 47.8% Grants Fund 220 6,955,849 157,074 2.3% 6,919,849 177,490 16,143 2.8% Prop A Fund 230 988,594 1,093,469 110.6% 1,276,148 969,813 - 76.0% Prop C Fund 231 7,830,351 676,012 8.6% 7,770,058 188,521 214,894 5.2% AB 2766 Fund 232 47,500 47,463 99.9% 273,428 2,045 9,075 4.1% Measure R Fund 233 1,513,142 512,201 33.9% 3,643,478 147,202 812,461 26.3% Measure M Fund 234 19,952,149 482,962 2.4% 20,120,114 265,062 1,491,316 8.7% Measure W Fund 240 28,133,779 90,892 0.3% 28,071,967 121,519 2,173,977 8.2% Capital Improvements Fund 401 2,114,453 1,362,479 64.4% 12,161,762 2,967,961 372,253 27.5% Bond Construction Fund 402 - 44,195 - 60 241 - 401.7% Underground Assessment District Construction 403 - 124,234 - 1,170,556 58,985 38,500 8.3% Water Fund 501 16,832,770 14,622,776 86.9% 25,951,099 12,214,587 2,094,199 55.1% Storm Drain Fund 502 2,227,340 1,390,814 62.4% 7,422,250 1,871,627 1,342,553 43.3% Sewer Fund 503 4,273,070 4,167,454 97.5% 21,249,581 2,111,812 5,574,593 36.2% Parking Fund 520 4,387,700 3,323,075 75.7% 6,452,207 2,773,933 526,842 51.2% County Parking Lots Fund 521 1,111,200 778,449 70.1% 956,940 269,169 33,231 31.6% State Pier & Parking Lot Fund 522 870,500 651,855 74.9% 1,650,197 603,238 377,473 59.4% Insurance Reserve Fund 601 9,223,980 6,789,584 73.6% 10,886,625 10,199,936 96,453 94.6% Information Technology Fund 605 4,660,060 3,495,880 75.0% 5,946,980 3,323,406 518,660 64.6% Fleet Management Fund 610 3,334,359 1,968,761 59.0% 5,939,024 2,349,572 332,008 45.2% Building Maintenance & Operation Fund 615 2,732,659 1,822,080 66.7% 3,018,931 1,872,726 220,107 69.3% Underground Assessment Fund 2018 Refunding710 714,150 343,906 48.2% 716,425 703,875 - 98.2% Underground Assessment Fund 19-12 & 19-14711 606,106 384,334 63.4% 608,057 595,277 - 97.9% Underground Assessment Fund 19-4 712 337,613 93,780 27.8% 337,793 327,325 - 96.9% City Pension Fund 801 206,188 358 0.2% 207,666 151,973 - 73.2% Section 115 Fund 804 100,000 146,126 146.1% 1,021,059 991,015 - 97.1% $223,286,801 $112,440,300 50.4% $282,906,076 $119,406,940 $20,310,692 49.4% *Includes Encumbered Amounts
Year-to-Date
As of March 31, 2025
Fiscal Year 2025 Statement of Revenues & Expenditures
City of Manhattan Beach
Current Year Activity
% of Year
75.0%
Fund Original Budget Adjusted Year-to-DateUnrealized %
No. Budget Adjustments Budget Actuals Amount Realized
General Fund 100 $98,993,155 2,435,504 $101,428,659 $65,918,198 $35,510,461 65.0% Street Lighting & Landscaping Fund 201 390,985 - 390,985 226,504 164,481 57.9% Gas Tax Fund 205 1,935,943 146,901 2,082,844 1,452,855 629,989 69.8% Asset Forfeiture Fund 210 41,800 - 41,800 52,676 (10,876) 126.0% Police Safety Grants Fund 211 189,000 - 189,000 219,853 (30,853) 116.3% 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 1,093,469 (104,875) 110.6% Prop C Fund 231 802,856 7,027,495 7,830,351 676,012 7,154,339 8.6% AB 2766 Fund 232 47,500 - 47,500 47,463 37 99.9% Measure R Fund 233 964,892 548,250 1,513,142 512,201 1,000,941 33.9% Measure M Fund 234 6,510,878 13,441,271 19,952,149 482,962 19,469,187 2.4% Measure W Fund 240 411,500 27,722,279 28,133,779 90,892 28,042,888 0.3% Capital Improvements Fund 401 1,714,302 400,151 2,114,453 1,362,479 751,974 64.4% Bond Construction Fund 402 - - - 44,195 (44,195) - Underground Assessment District Construction 403 - - - 124,234 (124,234) - Water Fund 501 16,832,770 - 16,832,770 14,622,776 2,209,994 86.9% Storm Drain Fund 502 2,227,340 - 2,227,340 1,390,814 836,526 62.4% Sewer Fund 503 4,273,070 - 4,273,070 4,167,454 105,616 97.5% Parking Fund 520 4,387,700 - 4,387,700 3,323,075 1,064,625 75.7% County Parking Lots Fund 521 1,111,200 - 1,111,200 778,449 332,751 70.1% State Pier & Parking Lot Fund 522 870,500 - 870,500 651,855 218,645 74.9% Insurance Reserve Fund 601 9,223,980 - 9,223,980 6,789,584 2,434,396 73.6% Information Technology Fund 605 4,660,060 - 4,660,060 3,495,880 1,164,180 75.0% Fleet Management Fund 610 3,334,359 - 3,334,359 1,968,761 1,365,598 59.0% Building Maintenance & Operation Fund 615 2,732,659 - 2,732,659 1,822,080 910,579 66.7% Underground Assessment Fund 2018 Refunding710 714,150 - 714,150 343,906 370,244 48.2% Underground Assessment Fund 19-12 & 19-14711 606,106 - 606,106 384,334 221,772 63.4% Underground Assessment Fund 19-4 712 337,613 - 337,613 93,780 243,833 27.8% City Pension Fund 801 206,188 - 206,188 358 205,830 0.2% Section 115 Fund 804 100,000 - 100,000 146,126 (46,126) 146.1% $169,929,100 $53,357,701 $223,286,801 $112,440,300 $110,846,501 50.4% City of Manhattan Beach
Fiscal Year 2025 Citywide Revenues
As of March 31, 2025
Current Year Activity
% of Year
75.0%
Fund Original Budget Adjusted Available %
No. Budget Adjustments* Budget Actuals Encumbrances Budget Utilized** General Fund 100 $98,484,891 $3,470,518 $101,955,409 $73,171,600 $2,036,280 $26,747,529 73.8% Street Lighting & Landscaping Fund 201 704,331 21,842 726,173 324,323 3,008 398,842 45.1% Gas Tax Fund 205 2,075,138 3,856,070 5,931,208 398,317 2,026,667 3,506,224 40.9% Asset Forfeiture Fund 210 78,000 70,000 148,000 76,141 - 71,859 51.4% Police Safety Grants Fund 211 215,000 158,032 373,032 178,248 - 194,784 47.8% Grants Fund 220 5,320,000 1,599,849 6,919,849 177,490 16,143 6,726,216 2.8% Prop A Fund 230 769,417 506,731 1,276,148 969,813 - 306,335 76.0% Prop C Fund 231 1,060,138 6,709,920 7,770,058 188,521 214,894 7,366,642 5.2% AB 2766 Fund 232 673 272,755 273,428 2,045 9,075 262,308 4.1% Measure R Fund 233 2,470,138 1,173,340 3,643,478 147,202 812,461 2,683,816 26.3% Measure M Fund 234 6,218,138 13,901,976 20,120,114 265,062 1,491,316 18,363,735 8.7% Measure W Fund 240 100,000 27,971,967 28,071,967 121,519 2,173,977 25,776,471 8.2% Capital Improvements Fund 401 5,554,068 6,607,694 12,161,762 2,967,961 372,253 8,821,547 27.5% 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 6,800,968 25,951,099 12,214,587 2,094,199 11,642,313 55.1% Storm Drain Fund 502 2,613,335 4,808,915 7,422,250 1,871,627 1,342,553 4,208,070 43.3% Sewer Fund 503 8,305,857 12,943,724 21,249,581 2,111,812 5,574,593 13,563,176 36.2% Parking Fund 520 4,290,885 2,161,322 6,452,207 2,773,933 526,842 3,151,432 51.2% County Parking Lots Fund 521 890,901 66,039 956,940 269,169 33,231 654,540 31.6% State Pier & Parking Lot Fund 522 935,275 714,922 1,650,197 603,238 377,473 669,486 59.4% Insurance Reserve Fund 601 9,370,892 1,515,733 10,886,625 10,199,936 96,453 590,236 94.6% Information Technology Fund 605 5,428,569 518,411 5,946,980 3,323,406 518,660 2,104,914 64.6% Fleet Management Fund 610 4,930,447 1,008,577 5,939,024 2,349,572 332,008 3,257,444 45.2% Building Maintenance & Operation Fund 615 2,732,659 286,272 3,018,931 1,872,726 220,107 926,098 69.3% Underground Assessment Fund 2018 Refunding710 716,425 - 716,425 703,875 - 12,550 98.2% Underground Assessment Fund 19-12 & 19-14711 608,057 - 608,057 595,277 - 12,780 97.9% Underground Assessment Fund 19-4 712 337,793 - 337,793 327,325 - 10,468 96.9% City Pension Fund 801 207,666 - 207,666 151,973 - 55,693 73.2% Section 115 Fund 804 1,021,059 - 1,021,059 991,015 - 30,044 97.1% $184,589,883 $98,316,193 $282,906,076 $119,406,940 $20,310,692 $143,188,443 49.4% *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 March 31, 2025
Current Year Activity
$3 $4 $5 $6 $7
Percent of Year
75.0%
Major Revenue Accounts 2020 2021 2022 2023 2024 2025 Adj Budget Realized Property Taxes $19,103,960 $20,261,524 $21,339,126 $23,010,718 $23,942,775 $25,061,823 $44,688,638 56.1% Sales & Use Tax* 7,320,455 5,815,740 7,767,456 8,356,391 8,599,628 6,517,150 11,350,000 57.4% Hotel Transient Occupancy Tax (TOT)* 3,472,253 1,324,542 3,852,232 4,699,926 5,567,415 4,638,427 7,415,000 62.6% Short Term Rental TOT* 5,450 - - 131,638 815,666 1,291,375 1,200,000 107.6% Business License Tax 1,585,560 1,885,110 2,655,398 2,248,132 2,450,138 3,128,693 5,503,651 56.8% Real Estate Transfer Tax 640,128 669,075 923,107 453,420 440,222 549,731 800,000 68.7% Building Permits 1,329,552 1,091,710 1,407,719 1,239,931 1,544,722 1,801,734 2,100,000 85.8% Parking Citations 1,300,562 1,014,780 1,390,771 1,716,704 1,095,821 1,548,025 2,175,000 71.2% Interest Earnings 824,764 666,215 494,478 610,855 1,227,971 1,275,091 1,375,000 92.7% Building Plan Check Fees 1,319,346 1,581,912 1,629,664 1,299,156 1,348,127 1,717,208 1,837,500 93.5% Total Major Revenue Accounts $36,902,029 $34,310,608 $41,459,951 $43,766,872 $47,032,486 $47,529,256 $78,444,789 60.6% Over/(Under) Prior Year (2,591,422) 7,149,343 2,306,922 3,265,614 496,770 Percent Change From Prior Year (7.0%) 20.8% 5.6% 7.5% 1.1% Other Revenues* 13,353,663 10,028,052 13,716,513 16,291,038 17,969,821 $18,388,942 22,983,870 80.0% Total General Fund Revenues $50,255,692 $44,338,660 $55,176,463 $60,057,911 $65,002,307 $65,918,198 $101,428,659 65.0% * 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 Fiscal Year
City of Manhattan Beach
Fiscal Year 2025 General Fund Major Revenue Trends
Year-To-Date Actuals FY 2025
March 31, 2025
$0 $7,000,000 $14,000,000 $21,000,000 $28,000,000
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
March 31, 2025
Fiscal Year 2025
Fiscal Year 2024
General Fund Major Revenue Sources
$3 $4 $5 $6 $7
Percent of Year
75.0%
-
* 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 Fiscal Year
City of Manhattan Beach
Fiscal Year-To-Date General Fund Trends
Through March Year-Over-Year
$0
$2,250,000
$4,500,000
$6,750,000
$9,000,000
2020 2021 2022 2023 2024 2025
Sales & Use Tax*
$0
$7,000,000
$14,000,000
$21,000,000
$28,000,000
2020 2021 2022 2023 2024 2025
Property Taxes
$0
$1,400,000
$2,800,000
$4,200,000
$5,600,000
2020 2021 2022 2023 2024 2025
Hotel Transient Occupancy Tax
(TOT)*
$0
$800,000
$1,600,000
$2,400,000
$3,200,000
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
$500,000
$1,000,000
$1,500,000
$2,000,000
2020 2021 2022 2023 2024 2025
Building Permits
$0
$450,000
$900,000
$1,350,000
$1,800,000
2020 2021 2022 2023 2024 2025
Parking Citations
$0
$325,000
$650,000
$975,000
$1,300,000
2020 2021 2022 2023 2024 2025
Interest Earnings
$0
$450,000
$900,000
$1,350,000
$1,800,000
2020 2021 2022 2023 2024 2025
Building Plan Check Fees
$0
$325,000
$650,000
$975,000
$1,300,000
2020 2021 2022 2023 2024 2025
Short Term Rental TOT*
Account Description Established Purpose Amount
100-21501Tree and Bench Donations 2003 Donations for trees & benches. $ 6,797 100-21705Pumpkin Race 2013 Sponsorship revenue/expenses for Pumpkin Race. 19,130 100-21706Recreation Sponsorships 2017 Sponsorship revenue/expenses for other programs. 35,750 802-21708Public Arts Fund 2003 Funded through a portion of development fees. Used to fund Public Art. 1,706,830 100-21410Reserve Force Deposits 1997 Funded through donations. Reserve Officer equipment, training, etc. $ 1,945 100-21405K9 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. 3,423 100-21411Every 15 Minutes Deposits 1998 Funded through donations. Every 15 Minutes Program. In conjunction with Mira Costa (MBUSD). 4,356 100-21409Explorer 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. 28,805 100-21407Equipment Deposits 1997 Funded through donations. Used for Various Special Equipment. 25,878 100-21412Graux 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.
47,399
100-21453Paramedic Trust Deposits 1997 Donations to Fire operations. $ 7,295 100-21451Graux/Rotary Trust (Fire) 2014 Donation gift from the Graux Trust. 1,756 100-21452Customer 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.
54,783
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.). 629,123 100-21608 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.
88,051
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. 17,022
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.
153,399
100-21311 Time Warner PEG Deposit 1997 Public, Education, and Governmental Access. MBtv (city government cablecast and webcast) capital expenditures, repairs and upgrades.
$ 65,167
100-21312 Verizon PEG Deposit 2007 Public, Education, and Governmental Access. MBtv (city government cablecast and webcast) capital expenditures, repairs and upgrades.
205,917
Total $ 3,397,477
Information Technology
Balance Sheet Accounts
As of March 31, 2025
Parks & Recreation
Police
Fire
Community Development