City of Manhattan Beach
Finance Department
Month End Report
April 2025
Fiscal Year 2024-2025
% of Year
83.3%
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 $4,076,506 $191,416 $832,895 83.7% Finance 12 4,333,794 419,045 4,752,839 3,659,211 103,198 990,430 79.2% Human Resources 13 2,032,287 214,111 2,246,398 1,993,434 26,459 226,506 89.9% Parks and Recreation 14 10,575,180 122,062 10,697,242 8,452,134 380,790 1,864,318 82.6% Police 15 38,223,846 336,099 38,559,945 30,933,728 380,757 7,245,459 81.2% Fire 16 17,732,501 2,049,757 19,782,258 16,389,051 33,895 3,359,312 83.0% Community Development 17 8,228,911 187,522 8,416,433 6,140,223 150,436 2,125,774 74.7% Public Works 18 12,166,344 233,133 12,399,477 9,590,329 718,409 2,090,739 83.1% Information Technology 19 - - - - - - - $98,484,891 $3,470,518 $101,955,409 $81,234,615 $1,985,360 $18,735,434 81.6% 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 April 30, 2025
Current Year Activity
% of Year
83.3%
Adjusted Adjusted
Fund Budget YTD % Budget %
No. Revenues Revenues Realized ExpendituresExpendituresEncumbrancesUtilized* General Fund 100 $101,428,659 $84,201,227 83.0% $101,955,409 $81,234,615 $1,985,360 81.6% Street Lighting & Landscaping Fund 201 390,985 321,418 82.2% 726,173 345,748 3,008 48.0% Gas Tax Fund 205 2,082,844 1,619,195 77.7% 5,931,208 472,180 1,712,893 36.8% Asset Forfeiture Fund 210 41,800 53,342 127.6% 148,000 101,218 - 68.4% Police Safety Grants Fund 211 189,000 221,340 117.1% 373,032 203,494 39,523 65.1% Grants Fund 220 6,955,849 177,492 2.6% 6,919,849 177,490 16,143 2.8% Prop A Fund 230 988,594 1,158,390 117.2% 1,276,148 1,016,208 - 79.6% Prop C Fund 231 7,830,351 770,506 9.8% 7,770,058 188,521 214,894 5.2% AB 2766 Fund 232 47,500 48,372 101.8% 273,428 2,101 9,075 4.1% Measure R Fund 233 1,513,142 600,470 39.7% 3,643,478 148,973 812,461 26.4% Measure M Fund 234 19,952,149 758,346 3.8% 20,120,114 275,700 2,599,593 14.3% Measure W Fund 240 28,133,779 95,932 0.3% 28,071,967 252,360 2,054,957 8.2% Capital Improvements Fund 401 2,114,453 1,520,389 71.9% 25,382,762 16,051,563 372,253 64.7% Bond Construction Fund 402 - 45,481 - 60 241 - 401.7% Underground Assessment District Construction403 - 128,452 - 1,170,556 58,985 38,500 8.3% Water Fund 501 16,832,770 15,718,263 93.4% 25,951,099 13,544,156 2,027,894 60.0% Storm Drain Fund 502 2,227,340 1,924,472 86.4% 7,422,250 2,069,898 1,281,459 45.2% Sewer Fund 503 4,273,070 4,523,077 105.9% 21,249,581 2,402,457 5,581,605 37.6% Parking Fund 520 4,387,700 3,684,399 84.0% 6,452,207 3,045,943 1,676,199 73.2% County Parking Lots Fund 521 1,111,200 858,562 77.3% 956,940 324,559 31,321 37.2% State Pier & Parking Lot Fund 522 870,500 727,264 83.5% 1,650,197 637,963 370,808 61.1% Insurance Reserve Fund 601 9,223,980 7,809,794 84.7% 10,886,625 11,394,024 47,570 105.1% Information Technology Fund 605 4,660,060 3,884,237 83.4% 5,946,980 3,616,834 503,466 69.3% Fleet Management Fund 610 3,334,359 2,633,153 79.0% 5,939,024 2,575,370 308,225 48.6% Building Maintenance & Operation Fund615 2,732,659 2,067,901 75.7% 3,018,931 2,095,356 203,741 76.2% Underground Assessment Fund 2018 Refunding710 714,150 482,678 67.6% 716,425 705,725 - 98.5% Underground Assessment Fund 19-12 & 19-14711 606,106 556,605 91.8% 608,057 595,277 - 97.9% Underground Assessment Fund 19-4 712 337,613 144,061 42.7% 337,793 327,325 - 96.9% City Pension Fund 801 206,188 358 0.2% 207,666 168,460 - 81.1% Section 115 Fund 804 100,000 152,906 152.9% 1,021,059 991,015 - 97.1% $223,286,801 $136,888,082 61.3% $296,127,076 $145,023,758 $21,890,948 56.4% *Includes Encumbered Amounts
Year-to-Date
As of April 30, 2025
Fiscal Year 2025 Statement of Revenues & Expenditures
City of Manhattan Beach
Current Year Activity
% of Year
83.3%
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 $84,201,227 $17,227,432 83.0% Street Lighting & Landscaping Fund 201 390,985 - 390,985 321,418 69,567 82.2% Gas Tax Fund 205 1,935,943 146,901 2,082,844 1,619,195 463,649 77.7% Asset Forfeiture Fund 210 41,800 - 41,800 53,342 (11,542) 127.6% Police Safety Grants Fund 211 189,000 - 189,000 221,340 (32,340) 117.1% Grants Fund 220 5,320,000 1,635,849 6,955,849 177,492 6,778,357 2.6% Prop A Fund 230 988,594 - 988,594 1,158,390 (169,796) 117.2% Prop C Fund 231 802,856 7,027,495 7,830,351 770,506 7,059,845 9.8% AB 2766 Fund 232 47,500 - 47,500 48,372 (872) 101.8% Measure R Fund 233 964,892 548,250 1,513,142 600,470 912,671 39.7% Measure M Fund 234 6,510,878 13,441,271 19,952,149 758,346 19,193,804 3.8% Measure W Fund 240 411,500 27,722,279 28,133,779 95,932 28,037,847 0.3% Capital Improvements Fund 401 1,714,302 400,151 2,114,453 1,520,389 594,064 71.9% Bond Construction Fund 402 - - - 45,481 (45,481) - Underground Assessment District Construction 403 - - - 128,452 (128,452) - Water Fund 501 16,832,770 - 16,832,770 15,718,263 1,114,507 93.4% Storm Drain Fund 502 2,227,340 - 2,227,340 1,924,472 302,868 86.4% Sewer Fund 503 4,273,070 - 4,273,070 4,523,077 (250,007) 105.9% Parking Fund 520 4,387,700 - 4,387,700 3,684,399 703,301 84.0% County Parking Lots Fund 521 1,111,200 - 1,111,200 858,562 252,638 77.3% State Pier & Parking Lot Fund 522 870,500 - 870,500 727,264 143,236 83.5% Insurance Reserve Fund 601 9,223,980 - 9,223,980 7,809,794 1,414,186 84.7% Information Technology Fund 605 4,660,060 - 4,660,060 3,884,237 775,823 83.4% Fleet Management Fund 610 3,334,359 - 3,334,359 2,633,153 701,206 79.0% Building Maintenance & Operation Fund 615 2,732,659 - 2,732,659 2,067,901 664,758 75.7% Underground Assessment Fund 2018 Refunding710 714,150 - 714,150 482,678 231,472 67.6% Underground Assessment Fund 19-12 & 19-14711 606,106 - 606,106 556,605 49,501 91.8% Underground Assessment Fund 19-4 712 337,613 - 337,613 144,061 193,552 42.7% City Pension Fund 801 206,188 - 206,188 358 205,830 0.2% Section 115 Fund 804 100,000 - 100,000 152,906 (52,906) 152.9% $169,929,100 $53,357,701 $223,286,801 $136,888,082 $86,398,719 61.3% City of Manhattan Beach
Fiscal Year 2025 Citywide Revenues
As of April 30, 2025
Current Year Activity
% of Year
83.3%
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 $81,234,615 $1,985,360 $18,735,434 81.6% Street Lighting & Landscaping Fund 201 704,331 21,842 726,173 345,748 3,008 377,417 48.0% Gas Tax Fund 205 2,075,138 3,856,070 5,931,208 472,180 1,712,893 3,746,136 36.8% Asset Forfeiture Fund 210 78,000 70,000 148,000 101,218 - 46,782 68.4% Police Safety Grants Fund 211 215,000 158,032 373,032 203,494 39,523 130,015 65.1% 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 1,016,208 - 259,940 79.6% 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 2,101 9,075 262,252 4.1% Measure R Fund 233 2,470,138 1,173,340 3,643,478 148,973 812,461 2,682,044 26.4% Measure M Fund 234 6,218,138 13,901,976 20,120,114 275,700 2,599,593 17,244,821 14.3% Measure W Fund 240 100,000 27,971,967 28,071,967 252,360 2,054,957 25,764,649 8.2% Capital Improvements Fund 401 5,554,068 19,828,694 25,382,762 16,051,563 372,253 8,958,945 64.7% 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 13,544,156 2,027,894 10,379,050 60.0% Storm Drain Fund 502 2,613,335 4,808,915 7,422,250 2,069,898 1,281,459 4,070,893 45.2% Sewer Fund 503 8,305,857 12,943,724 21,249,581 2,402,457 5,581,605 13,265,519 37.6% Parking Fund 520 4,290,885 2,161,322 6,452,207 3,045,943 1,676,199 1,730,065 73.2% County Parking Lots Fund 521 890,901 66,039 956,940 324,559 31,321 601,060 37.2% State Pier & Parking Lot Fund 522 935,275 714,922 1,650,197 637,963 370,808 641,426 61.1% Insurance Reserve Fund 601 9,370,892 1,515,733 10,886,625 11,394,024 47,570 (554,969) 105.1% Information Technology Fund 605 5,428,569 518,411 5,946,980 3,616,834 503,466 1,826,680 69.3% Fleet Management Fund 610 4,930,447 1,008,577 5,939,024 2,575,370 308,225 3,055,430 48.6% Building Maintenance & Operation Fund 615 2,732,659 286,272 3,018,931 2,095,356 203,741 719,834 76.2% Underground Assessment Fund 2018 Refunding710 716,425 - 716,425 705,725 - 10,700 98.5% 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 - 207,666 168,460 - 39,206 81.1% Section 115 Fund 804 1,021,059 - 1,021,059 991,015 - 30,044 97.1% $184,589,883 $111,537,193 $296,127,076 $145,023,758 $21,890,948 $129,212,369 56.4% *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 April 30, 2025
Current Year Activity
$3 $4 $5 $6 $7
Percent of Year
83.3%
Major Revenue Accounts 2020 2021 2022 2023 2024 2025 Adj BudgetRealized Property Taxes $27,471,166$29,619,573 $30,904,803$32,969,326$34,684,518$36,621,927$44,688,638 81.9% Sales & Use Tax* 7,830,413 6,467,650 8,347,199 9,023,876 9,398,204 7,303,320 11,350,000 64.3% Hotel Transient Occupancy Tax (TOT)*3,569,276 1,605,033 4,398,130 5,255,117 6,180,536 5,429,206 7,415,000 73.2% Short Term Rental TOT* 5,450 - - 171,862 993,016 1,259,941 1,200,000 105.0% Business License Tax 2,065,381 2,307,770 4,350,917 3,918,317 3,837,721 4,280,297 5,503,651 77.8% Real Estate Transfer Tax 674,360 733,379 1,066,884 453,420 440,222 727,019 800,000 90.9% Building Permits 1,391,144 1,231,939 1,574,559 1,343,943 1,840,973 1,979,907 2,100,000 94.3% Parking Citations 1,489,437 1,100,187 1,679,238 1,857,915 1,273,891 1,746,148 2,175,000 80.3% Interest Earnings 1,056,505 771,459 556,518 818,975 1,426,460 1,602,205 1,375,000 116.5% Building Plan Check Fees 1,335,854 1,702,313 1,820,395 1,411,301 1,506,603 1,893,530 1,837,500 103.0% Total Major Revenue Accounts$46,888,986$45,539,302 $54,698,643$57,224,052$61,582,144$62,843,499$78,444,789 80.1% Over/(Under) Prior Year (1,349,684) 9,159,341 2,525,408 4,358,092 1,261,355 Percent Change From Prior Year (2.9%) 20.1% 4.6% 7.6% 2.0% Other Revenues* 14,650,651 (1,200,642) 15,772,020 18,751,649 20,136,176 $21,357,729 22,983,870 92.9% Total General Fund Revenues$61,539,638$44,338,660 $70,470,663$75,975,700$81,718,320$84,201,227$101,428,65983.0% * 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
April 30, 2025
$0 $7,000,000 $14,000,000 $21,000,000 $28,000,000 $35,000,000Building Plan Check FeesInterest EarningsParking CitationsBuilding PermitsReal Estate Transfer TaxBusiness License TaxShort Term Rental TOT*Hotel Transient Occupancy Tax*Sales & Use Tax*Property TaxesApril 30, 2025Fiscal Year 2025Fiscal Year 2024General Fund Major Revenue Sources
$3 $4 $5 $6 $7
Percent of Year
83.3%
-
* 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 March Year-Over-Year
$0$2,250,000$4,500,000$6,750,000$9,000,0002020 2021 2022 2023 2024 2025Sales & Use Tax*$0$7,000,000$14,000,000$21,000,000$28,000,000$35,000,0002020 2021 2022 2023 2024 2025Property Taxes $0$1,400,000$2,800,000$4,200,000$5,600,0002020 2021 2022 2023 2024 2025Hotel Transient Occupancy Tax (TOT)*$0$1,000,000$2,000,000$3,000,000$4,000,0002020 2021 2022 2023 2024 2025Business License Tax$0$250,000$500,000$750,000$1,000,0002020 2021 2022 2023 2024 2025Real Estate Transfer Tax$0$500,000$1,000,000$1,500,000$2,000,0002020 2021 2022 2023 2024 2025Building Permits$0$450,000$900,000$1,350,000$1,800,0002020 2021 2022 2023 2024 2025Parking Citations$0$325,000$650,000$975,000$1,300,000$1,625,0002020 2021 2022 2023 2024 2025Interest Earnings$0$450,000$900,000$1,350,000$1,800,0002020 2021 2022 2023 2024 2025Building Plan Check Fees $0$325,000$650,000$975,000$1,300,0002020 2021 2022 2023 2024 2025Short Term Rental TOT* Account Description Established Purpose Amount
Parks & Recreation
100-21501Tree and Bench Donations 2003 Donations for trees & benches. $ 6,797 100-21705Pumpkin Race 2013 Sponsorship revenue/expenses for Pumpkin Race. 9,675 100-21706Recreation 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. 1,712,067 Police
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. 28,157 100-21407Equipment 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 Fire
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. 56,589
Community Development
100-21602 Tree Penalties for Illegal Removal 2018 Fines for illegally removed trees for the planting of new trees. $ 77,355 100-21601General Plan Maintenance 2010 Surcharge taken from permits to fund updates for General Plan (i.e., Mobility Plan, Housing Element, Land Use, etc.). 634,084 100-21608 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.
89,151
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. 17,339
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. 167,242
Information Technology
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. 189,179 Total $ 3,397,899
Balance Sheet Accounts
As of April 30, 2025