City of Manhattan Beach
Finance Department
Month End Report
May 2025
Fiscal Year 2024-2025
% of Year
91.7%
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 $4,419,750 $141,593 $539,474 89.4% Finance 12 4,333,794 419,045 4,752,839 4,052,191 97,186 603,462 87.3% Human Resources 13 2,032,287 214,111 2,246,398 2,149,003 26,459 70,937 96.8% Parks and Recreation 14 10,575,180 122,062 10,697,242 9,401,493 208,750 1,086,999 89.8% Police 15 38,223,846 336,099 38,559,945 34,431,272 412,936 3,715,737 90.4% Fire 16 17,732,501 2,049,757 19,782,258 18,048,184 56,910 1,677,165 91.5% Community Development 17 8,228,911 187,522 8,416,433 6,906,131 144,954 1,365,348 83.8% Public Works 18 12,166,344 233,133 12,399,477 10,548,821 697,394 1,153,262 90.7% Information Technology 19 - - - - - - - $98,484,891 $3,470,518 $101,955,409 $89,956,843 $1,786,182 $10,212,384 90.0% 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 May 31, 2025
Current Year Activity
% of Year
91.7%
Adjusted Adjusted
Fund Budget YTD % Budget %
No. Revenues Revenues Realized ExpendituresExpendituresEncumbrancesUtilized* General Fund 100 $101,428,659 $96,582,143 95.2% $101,955,409 $89,956,843 $1,786,182 90.0% Street Lighting & Landscaping Fund 201 390,985 366,277 93.7% 726,173 442,053 3,008 61.3% Gas Tax Fund 205 2,082,844 1,756,321 84.3% 5,931,208 474,565 1,712,893 36.9% Asset Forfeiture Fund 210 41,800 58,854 140.8% 148,000 112,203 - 75.8% Police Safety Grants Fund 211 189,000 222,813 117.9% 373,032 205,741 39,523 65.7% Grants Fund 220 6,955,849 177,492 2.6% 6,919,849 177,490 - 2.6% Prop A Fund 230 988,594 1,253,481 126.8% 1,276,148 1,073,755 - 84.1% Prop C Fund 231 7,830,351 851,150 10.9% 7,770,058 188,521 214,894 5.2% AB 2766 Fund 232 47,500 49,294 103.8% 273,428 2,157 9,075 4.1% Measure R Fund 233 1,513,142 607,024 40.1% 3,643,478 164,850 797,912 26.4% Measure M Fund 234 19,952,149 762,664 3.8% 20,120,114 276,290 2,599,593 14.3% Measure W Fund 240 28,133,779 511,217 1.8% 28,071,967 245,663 2,079,864 8.3% Capital Improvements Fund 401 2,114,453 1,655,457 78.3% 25,382,762 16,093,008 346,474 64.8% Bond Construction Fund 402 - 46,784 - 60 - - - Underground Assessment District Construction 403 - 132,726 - 1,170,556 58,985 38,500 8.3% Water Fund 501 16,832,770 17,561,818 104.3% 25,951,099 14,846,612 1,998,943 64.9% Storm Drain Fund 502 2,227,340 2,178,906 97.8% 7,422,250 2,818,423 649,632 46.7% Sewer Fund 503 4,273,070 5,000,657 117.0% 21,249,581 2,723,257 5,495,555 38.7% Parking Fund 520 4,387,700 4,149,251 94.6% 6,452,207 3,323,586 1,672,175 77.4% County Parking Lots Fund 521 1,111,200 983,486 88.5% 956,940 346,384 31,362 39.5% State Pier & Parking Lot Fund 522 870,500 829,641 95.3% 1,650,197 675,237 370,891 63.4% Insurance Reserve Fund 601 9,223,980 8,529,965 92.5% 10,886,625 11,967,877 47,570 110.4% Information Technology Fund 605 4,660,060 4,272,575 91.7% 5,946,980 4,036,621 493,384 76.2% Fleet Management Fund 610 3,334,359 2,891,848 86.7% 5,939,024 2,680,736 1,879,169 76.8% Building Maintenance & Operation Fund 615 2,732,659 2,256,483 82.6% 3,018,931 2,273,620 138,775 79.9% Underground Assessment Fund 2018 Refunding710 714,150 547,857 76.7% 716,425 705,725 - 98.5% Underground Assessment Fund 19-12 & 19-14711 606,106 631,874 104.3% 608,057 595,277 - 97.9% Underground Assessment Fund 19-4 712 337,613 158,478 46.9% 337,793 329,405 - 97.5% City Pension Fund 801 206,188 358 0.2% 207,666 193,365 - 93.1% Section 115 Fund 804 100,000 202,193 202.2% 1,021,059 991,015 - 97.1% $223,286,801 $155,229,088 69.5% $296,127,076 $157,979,264 $22,405,375 60.9% *Includes Encumbered Amounts
Year-to-Date
As of May 31, 2025
Fiscal Year 2025 Statement of Revenues & Expenditures
City of Manhattan Beach
Current Year Activity
% of Year
91.7%
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 $96,582,143 $4,846,516 95.2% Street Lighting & Landscaping Fund 201 390,985 - 390,985 366,277 24,708 93.7% Gas Tax Fund 205 1,935,943 146,901 2,082,844 1,756,321 326,523 84.3% Asset Forfeiture Fund 210 41,800 - 41,800 58,854 (17,054) 140.8% Police Safety Grants Fund 211 189,000 - 189,000 222,813 (33,813) 117.9% 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 1,253,481 (264,887) 126.8% Prop C Fund 231 802,856 7,027,495 7,830,351 851,150 6,979,201 10.9% AB 2766 Fund 232 47,500 - 47,500 49,294 (1,794) 103.8% Measure R Fund 233 964,892 548,250 1,513,142 607,024 906,117 40.1% Measure M Fund 234 6,510,878 13,441,271 19,952,149 762,664 19,189,486 3.8% Measure W Fund 240 411,500 27,722,279 28,133,779 511,217 27,622,562 1.8% Capital Improvements Fund 401 1,714,302 400,151 2,114,453 1,655,457 458,996 78.3% Bond Construction Fund 402 - - - 46,784 (46,784) - Underground Assessment District Construction 403 - - - 132,726 (132,726) - Water Fund 501 16,832,770 - 16,832,770 17,561,818 (729,048) 104.3% Storm Drain Fund 502 2,227,340 - 2,227,340 2,178,906 48,434 97.8% Sewer Fund 503 4,273,070 - 4,273,070 5,000,657 (727,587) 117.0% Parking Fund 520 4,387,700 - 4,387,700 4,149,251 238,449 94.6% County Parking Lots Fund 521 1,111,200 - 1,111,200 983,486 127,714 88.5% State Pier & Parking Lot Fund 522 870,500 - 870,500 829,641 40,859 95.3% Insurance Reserve Fund 601 9,223,980 - 9,223,980 8,529,965 694,015 92.5% Information Technology Fund 605 4,660,060 - 4,660,060 4,272,575 387,485 91.7% Fleet Management Fund 610 3,334,359 - 3,334,359 2,891,848 442,511 86.7% Building Maintenance & Operation Fund 615 2,732,659 - 2,732,659 2,256,483 476,176 82.6% Underground Assessment Fund 2018 Refunding710 714,150 - 714,150 547,857 166,293 76.7% Underground Assessment Fund 19-12 & 19-14711 606,106 - 606,106 631,874 (25,768) 104.3% Underground Assessment Fund 19-4 712 337,613 - 337,613 158,478 179,135 46.9% City Pension Fund 801 206,188 - 206,188 358 205,830 0.2% Section 115 Fund 804 100,000 - 100,000 202,193 (102,193) 202.2% $169,929,100 $53,357,701 $223,286,801 $155,229,088 $68,057,713 69.5% City of Manhattan Beach
Fiscal Year 2025 Citywide Revenues
As of May 31, 2025
Current Year Activity
% of Year
91.7%
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 $89,956,843 $1,786,182 $10,212,384 90.0% Street Lighting & Landscaping Fund 201 704,331 21,842 726,173 442,053 3,008 281,112 61.3% Gas Tax Fund 205 2,075,138 3,856,070 5,931,208 474,565 1,712,893 3,743,750 36.9% Asset Forfeiture Fund 210 78,000 70,000 148,000 112,203 - 35,797 75.8% Police Safety Grants Fund 211 215,000 158,032 373,032 205,741 39,523 127,769 65.7% Grants Fund 220 5,320,000 1,599,849 6,919,849 177,490 - 6,742,359 2.6% Prop A Fund 230 769,417 506,731 1,276,148 1,073,755 - 202,393 84.1% 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 2,157 9,075 262,196 4.1% Measure R Fund 233 2,470,138 1,173,340 3,643,478 164,850 797,912 2,680,716 26.4% Measure M Fund 234 6,218,138 13,901,976 20,120,114 276,290 2,599,593 17,244,230 14.3% Measure W Fund 240 100,000 27,971,967 28,071,967 245,663 2,079,864 25,746,440 8.3% Capital Improvements Fund 401 5,554,068 19,828,694 25,382,762 16,093,008 346,474 8,943,279 64.8% Bond Construction Fund 402 - 60 60 - - 60 - 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 14,846,612 1,998,943 9,105,545 64.9% Storm Drain Fund 502 2,613,335 4,808,915 7,422,250 2,818,423 649,632 3,954,195 46.7% Sewer Fund 503 8,305,857 12,943,724 21,249,581 2,723,257 5,495,555 13,030,769 38.7% Parking Fund 520 4,290,885 2,161,322 6,452,207 3,323,586 1,672,175 1,456,446 77.4% County Parking Lots Fund 521 890,901 66,039 956,940 346,384 31,362 579,193 39.5% State Pier & Parking Lot Fund 522 935,275 714,922 1,650,197 675,237 370,891 604,069 63.4% Insurance Reserve Fund 601 9,370,892 1,515,733 10,886,625 11,967,877 47,570 (1,128,822) 110.4% Information Technology Fund 605 5,428,569 518,411 5,946,980 4,036,621 493,384 1,416,974 76.2% Fleet Management Fund 610 4,930,447 1,008,577 5,939,024 2,680,736 1,879,169 1,379,119 76.8% Building Maintenance & Operation Fund 615 2,732,659 286,272 3,018,931 2,273,620 138,775 606,537 79.9% 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 - 337,793 329,405 - 8,388 97.5% City Pension Fund 801 207,666 - 207,666 193,365 - 14,301 93.1% 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 $157,979,264 $22,405,375 $115,742,437 60.9% *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 May 31, 2025
Current Year Activity
$3 $4 $5 $6 $7
Percent of Year
91.7%
Major Revenue Accounts 2020 2021 2022 2023 2024 2025 Adj Budget Realized Property Taxes $31,983,209 $35,875,913 $36,789,619 $39,786,639 $42,170,413 $44,060,970 $44,688,638 98.6% Sales & Use Tax* 8,243,266 7,210,806 9,457,392 10,134,998 10,557,372 8,670,956 11,350,000 76.4% Hotel Transient Occupancy Tax (TOT)* 3,760,289 1,845,902 4,893,669 5,700,578 6,775,915 5,884,678 7,415,000 79.4% Short Term Rental TOT* 5,450 - - 217,971 1,108,042 1,325,202 1,200,000 110.4% Business License Tax 3,212,405 2,887,121 4,899,419 4,816,325 5,278,328 4,869,713 5,503,651 88.5% Real Estate Transfer Tax 797,147 957,017 1,066,884 495,552 578,633 805,972 800,000 100.7% Building Permits 1,521,018 1,354,991 1,756,905 1,510,193 2,166,334 2,179,386 2,100,000 103.8% Parking Citations 1,585,726 1,291,462 1,900,581 2,053,557 1,434,329 1,941,655 2,175,000 89.3% Interest Earnings 1,017,036 759,123 522,368 817,502 1,463,726 1,685,755 1,375,000 122.6% Building Plan Check Fees 1,362,522 1,818,641 1,897,275 1,529,224 1,620,170 2,083,616 1,837,500 113.4% Total Major Revenue Accounts$53,488,068 $54,000,975 $63,184,113$67,062,540$73,153,261$73,507,904$78,444,789 93.7% Over/(Under) Prior Year 512,907 9,183,138 3,878,427 6,090,721 354,643 Percent Change From Prior Year 1.0% 17.0% 6.1% 9.1% 0.5% Other Revenues* 15,571,384 98,827,596 17,458,861 20,909,775 22,236,015 $23,074,239 22,983,870 100.4% Total General Fund Revenues $69,059,452 $152,828,571 $80,642,974 $87,972,315 $95,389,276 $96,582,143 $101,428,65995.2% * 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
May 31, 2025
$0 $7,000,000 $14,000,000 $21,000,000 $28,000,000 $35,000,000 $42,000,000Building Plan Check FeesInterest EarningsParking CitationsBuilding PermitsReal Estate Transfer TaxBusiness License TaxShort Term Rental TOT*Hotel Transient Occupancy Tax*Sales & Use Tax*Property TaxesMay 31, 2025Fiscal Year 2025Fiscal Year 2024General Fund Major Revenue Sources
$3 $4 $5 $6 $7
Percent of Year
91.7%
-
* 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 May Year-Over-Year
$0$2,250,000$4,500,000$6,750,000$9,000,0002020 2021 2022 2023 2024 2025Sales & Use Tax*$0$8,000,000$16,000,000$24,000,000$32,000,000$40,000,0002020 2021 2022 2023 2024 2025Property Taxes $0$1,500,000$3,000,000$4,500,000$6,000,0002020 2021 2022 2023 2024 2025Hotel Transient Occupancy Tax (TOT)*$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,0002020 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$500,000$1,000,000$1,500,000$2,000,0002020 2021 2022 2023 2024 2025Parking Citations$0$400,000$800,000$1,200,000$1,600,0002020 2021 2022 2023 2024 2025Interest Earnings$0$500,000$1,000,000$1,500,000$2,000,0002020 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. 9,438 100-21706Recreation 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. 1,709,217 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. 47,643 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. 57,411
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.). 640,072 100-21608 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.
90,575
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. 17,699
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. 181,207
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. $ 78,944 100-21312 Verizon PEG Deposit 2007 Public, Education, and Governmental Access. MBtv (city government cablecast and webcast) capital expenditures, repairs and upgrades. 191,496 Total $ 3,433,712
Balance Sheet Accounts
As of May 31, 2025