City of Manhattan Beach
Finance Department
Month End Report
July 2025
Fiscal Year 2025-2026
% of Year
8.3%
Adjusted Adjusted
Fund Budget YTD % Budget %
No. Revenues Revenues Realized Expenditures Expenditures Encumbrances Utilized* General Fund 100 $125,419,628 $5,212,645 4.2% $105,855,129 $7,350,533 $5,419,675 12.1% Street Lighting & Landscaping Fund 201 391,003 15,931 4.1% 675,465 2,651 - 0.4% Gas Tax Fund 205 2,098,759 182,441 8.7% 2,262,690 24,186 852,485 38.7% Asset Forfeiture Fund 210 74,769 5,217 7.0% 168,000 8,199 - 4.9% Police Safety Grants Fund 211 209,284 1,522 0.7% 220,000 2,246 - 1.0% Grants Fund 220 - - - - - - - Prop A Fund 230 918,788 83,988 9.1% 1,431,253 85,673 - 6.0% Prop C Fund 231 777,139 71,543 9.2% 685,664 - - - AB 2766 Fund 232 53,373 1,012 1.9% 673 56 - 8.3% Measure R Fund 233 610,433 6,742 1.1% 643,888 2,967 264,135 41.5% Measure M Fund 234 654,628 4,962 0.8% 1,601,732 295 276,880 17.3% Measure W Fund 240 4,519,201 6,308 0.1% 4,107,744 - - - Capital Improvements Fund 401 1,105,804 173,554 15.7% 8,576,393 45,191 27,639 0.8% Bond Construction Fund 402 - 1,403 - - - - - Underground Assessment District Constr 403 57,096 4,600 8.1% - - - - Water Fund 501 18,658,082 2,157,469 11.6% 20,355,255 581,824 768,969 6.6% Storm Drain Fund 502 2,256,328 30,954 1.4% 2,657,941 58,154 - 2.2% Sewer Fund 503 4,706,815 516,861 11.0% 11,306,171 211,276 5,307,251 48.8% Parking Fund 520 6,283,427 619,210 9.9% 8,488,681 206,076 303,570 6.0% County Parking Lots Fund 521 1,588,160 200,309 12.6% 1,188,370 25,465 359 2.2% State Pier & Parking Lot Fund 522 1,161,785 126,348 10.9% 774,363 31,154 72,282 13.4% Insurance Reserve Fund 601 10,116,300 796,989 7.9% 11,897,119 4,767,988 254,625 42.2% Information Technology Fund 605 6,425,946 484,763 7.5% 6,588,281 513,654 538,963 16.0% Fleet Management Fund 610 3,523,905 404,963 11.5% 4,306,751 150,038 - 3.5% Building Maintenance & Operation Fund 615 2,991,842 270,818 9.1% 3,068,874 129,673 105,783 7.7% Underground Assessment Fund 2018 Re 710 714,150 3,696 0.5% 509,025 - - - Underground Assessment Fund 19-12 & 711 606,106 7,019 1.2% 604,907 - - - Underground Assessment Fund 19-4 712 337,613 4,565 1.4% 338,143 - - - City Pension Fund 801 213,343 - - 213,115 15,458 - 7.3% Section 115 Fund 804 100,000 13,530 13.5% 1,856,902 1,875,990 - 101.0% $196,573,707 $11,409,361 5.8% $200,382,528 $16,088,749 $14,192,616 15.1% *Includes Encumbered Amounts
Year-to-Date
As of July 31, 2025
Fiscal Year 2026 Statement of Revenues & Expenditures
City of Manhattan Beach
Current Year Activity
% of Year
8.3%
Fund Original Budget Adjusted Year-to-Date Unrealized % No. Budget Adjustments Budget Actuals Amount Realized
General Fund 100 $125,419,628 - $125,419,628 $5,212,645 $120,206,983 4.2% Street Lighting & Landscaping Fund 201 391,003 - 391,003 15,931 375,072 4.1% Gas Tax Fund 205 2,098,759 - 2,098,759 182,441 1,916,318 8.7% Asset Forfeiture Fund 210 74,769 - 74,769 5,217 69,552 7.0% Police Safety Grants Fund 211 209,284 - 209,284 1,522 207,762 0.7% Grants Fund 220 - - - - - - Prop A Fund 230 918,788 - 918,788 83,988 834,800 9.1% Prop C Fund 231 777,139 - 777,139 71,543 705,596 9.2% AB 2766 Fund 232 53,373 - 53,373 1,012 52,361 1.9% Measure R Fund 233 610,433 - 610,433 6,742 603,691 1.1% Measure M Fund 234 654,628 - 654,628 4,962 649,666 0.8% Measure W Fund 240 4,519,201 - 4,519,201 6,308 4,512,893 0.1% Capital Improvements Fund 401 1,105,804 - 1,105,804 173,554 932,250 15.7% Bond Construction Fund 402 - - - 1,403 (1,403) - Underground Assessment District Constru 403 57,096 - 57,096 4,600 52,496 8.1% Water Fund 501 18,658,082 - 18,658,082 2,157,469 16,500,613 11.6% Storm Drain Fund 502 2,256,328 - 2,256,328 30,954 2,225,374 1.4% Sewer Fund 503 4,706,815 - 4,706,815 516,861 4,189,954 11.0% Parking Fund 520 6,283,427 - 6,283,427 619,210 5,664,217 9.9% County Parking Lots Fund 521 1,588,160 - 1,588,160 200,309 1,387,851 12.6% State Pier & Parking Lot Fund 522 1,161,785 - 1,161,785 126,348 1,035,437 10.9% Insurance Reserve Fund 601 10,116,300 - 10,116,300 796,989 9,319,311 7.9% Information Technology Fund 605 6,425,946 - 6,425,946 484,763 5,941,183 7.5% Fleet Management Fund 610 3,523,905 - 3,523,905 404,963 3,118,942 11.5% Building Maintenance & Operation Fund 615 2,991,842 - 2,991,842 270,818 2,721,024 9.1% Underground Assessment Fund 2018 Ref 710 714,150 - 714,150 3,696 710,454 0.5% Underground Assessment Fund 19-12 & 711 606,106 - 606,106 7,019 599,087 1.2% Underground Assessment Fund 19-4 712 337,613 - 337,613 4,565 333,048 1.4% City Pension Fund 801 213,343 - 213,343 - 213,343 - Section 115 Fund 804 100,000 - 100,000 13,530 86,470 13.5% $196,573,707 $0 $196,573,707 $11,409,361 $185,164,346 5.8% City of Manhattan Beach
Fiscal Year 2026 Citywide Revenues
As of July 31, 2025
Current Year Activity
% of Year
8.3%
Fund Original Budget Adjusted Available %
No. Budget Adjustments* Budget Actua ls Encumbrances Budget Ut ilized** General Fund 100 $105,855,129 $0 $105,855,129 $7,350,533 $5,419,675 $93,084,920 12.1% Street Lighting & Landscaping Fund 201 675,465 - 675,465 2,651 - 672,814 0.4% Gas Tax Fund 205 2,262,690 - 2,262,690 24,186 852,485 1,386,018 38.7% Asset Forfeiture Fund 210 168,000 - 168,000 8,199 - 159,801 4.9% Police Safety Grants Fund 211 220,000 - 220,000 2,246 - 217,754 1.0% Grants Fund 220 - - - - - - - Prop A Fund 230 1,431,253 - 1,431,253 85,673 - 1,345,580 6.0% Prop C Fund 231 685,664 - 685,664 - - 685,664 - AB 2766 Fund 232 673 - 673 56 - 617 8.3% Measure R Fund 233 643,888 - 643,888 2,967 264,135 376,786 41.5% Measure M Fund 234 1,601,732 - 1,601,732 295 276,880 1,324,556 17.3% Measure W Fund 240 4,107,744 - 4,107,744 - - 4,107,744 - Capital Improvements Fund 401 8,576,393 - 8,576,393 45,191 27,639 8,503,564 0.8% Bond Construction Fund 402 - - - - - - - Underground Assessment District Constru 403 - - - - - - - Water Fund 501 20,355,255 - 20,355,255 581,824 768,969 19,004,461 6.6% Storm Drain Fund 502 2,657,941 - 2,657,941 58,154 - 2,599,787 2.2% Sewer Fund 503 11,306,171 - 11,306,171 211,276 5,307,251 5,787,644 48.8% Parking Fund 520 8,488,681 - 8,488,681 206,076 303,570 7,979,035 6.0% County Parking Lots Fund 521 1,188,370 - 1,188,370 25,465 359 1,162,546 2.2% State Pier & Parking Lot Fund 522 774,363 - 774,363 31,154 72,282 670,927 13.4% Insurance Reserve Fund 601 11,897,119 - 11,897,119 4,767,988 254,625 6,874,506 42.2% Information Technology Fund 605 6,588,281 - 6,588,281 513,654 538,963 5,535,664 16.0% Fleet Management Fund 610 4,306,751 - 4,306,751 150,038 - 4,156,713 3.5% Building Maintenance & Operation Fund 615 3,068,874 - 3,068,874 129,673 105,783 2,833,417 7.7% Underground Assessment Fund 2018 Ref 710 509,025 - 509,025 - - 509,025 - Underground Assessment Fund 19-12 & 1 711 604,907 - 604,907 - - 604,907 - Underground Assessment Fund 19-4 712 338,143 - 338,143 - - 338,143 - City Pension Fund 801 213,115 - 213,115 15,458 - 197,657 7.3% Section 115 Fund 804 1,856,902 - 1,856,902 1,875,990 - (19,088) 101.0% $200,382,528 $0 $200,382,528 $16,088,749 $14,192,616 $170,101,162 15.1% *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 2026 Citywide Expenditures
As of July 31, 2025
Current Year Activity
$4 $5 $6 $7
Percent of Year
8.3%
Major Revenue Accounts 2021 2022 2023 2024 2025 2026 Adj Budget Realized Property Taxes $0 $0 $0 $227 $0 348,616 $47,018,618 0.7% Sales & Use Tax* 808,170 810,878 903,609 1,087,863 - 1,404,025 11,440,000 12.3% Hotel Transient Occupancy Tax (TO 149,656 424,420 374,609 567,511 9,412 724,000 7,682,000 9.4% Short Term Rental TOT* - - - 59,662 15,062 109,533 1,367,000 8.0% Business License Tax 309,824 590,778 183,846 212,980 182,676 102,772 5,850,000 1.8% Real Estate Transfer Tax - 99,788 - - - 72,452 850,000 8.5% Building Permits 192,218 118,802 170,529 234,085 213,996 229,125 2,557,433 9.0% Parking Citations 121,490 195,593 30,585 20,074 14,282 261,607 2,741,865 9.5% Interest Earnings (30,364) 63,707 (24,827) 268,141 267,282 232,473 1,484,313 15.7% Building Plan Check Fees 242,439 131,989 179,695 149,540 300,437 208,422 2,000,000 10.4% Total Major Revenue Accounts $1,793,433 $2, 435,954 $1,818, 046 $2,600,081 $1, 003,148 $3,693, 025 $82,991, 229 4.4% Over/(Under) Prior Year (430,810) 642,521 (617,909) 782,035 (1,596,933) 2,689,877 Percent Change From Prior Year (19.4%) 35.8% (25.4%) 43.0% (61.4%) 268.1% Other Revenues* 1,226,521 1,554,180 3,184,030 4,694,879 $3,787,955 $1,519,619 42,428,399 8.9% Total General Fund Revenues $3, 019,954 $3,990, 134 $5,002,076 $7,294,961 $4, 791,104 $5,212, 645 $125,419,628 3.8% * Accounting methodology change starting FY 2025 results in variances across key revenues. During Quarter 1, prior year revenue s are accrued to the prior year and reversed in the new fiscal year.
City of Manhattan Beach
Fiscal Year 2026 General Fund Major Revenue Trends
Year-To-Date Actuals FY 2026
July 31, 2025
$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 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
July 31, 2025
Fiscal Year 2026
Fiscal Year 2025
General Fund Major Revenue Sources
$3 $4 $5 $6 $7
Percent of Year
8.3%
$2,020 $2,021 $2,022 $2,023 $2,024 $2,025 -
-
City of Manhattan Beach
Fiscal Year 2026 General Fund Major Revenue Trends
July Year-Over-Year
* Accounting methodology change starting FY 2025 results in variances across key revenues. During Quarter 1, prior year revenu es are accrued to the prior year and reversed in the new fiscal year.
$0
$2,500,000
$5,000,000
$7,500,000
$10,000,000
2022 2023 2024 2025 2026
Sales & Use Tax*
$0
$8,000,000
$16,000,000
$24,000,000
$32,000,000
$40,000,000
2022 2023 2024 2025 2026
Property Taxes
$0
$1,750,000
$3,500,000
$5,250,000
$7,000,000
2022 2023 2024 2025 2026
Hotel Transient Occupancy Tax
(TOT)*
$0
$1,250,000
$2,500,000
$3,750,000
$5,000,000
2022 2023 2024 2025 2026
Business License Tax
$0
$300,000
$600,000
$900,000
$1,200,000
2022 2023 2024 2025 2026
Real Estate Transfer Tax
$0
$600,000
$1,200,000
$1,800,000
$2,400,000
2022 2023 2024 2025 2026
Building Permits
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
2022 2023 2024 2025 2026
Parking Citations
$0
$400,000
$800,000
$1,200,000
$1,600,000
2022 2023 2024 2025 2026Interest Earnings
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
2022 2023 2024 2025 2026
Building Plan Check Fees
$0
$325,000
$650,000
$975,000
$1,300,000
2022 2023 2024 2025 2026
Short Term Rental TOT*
% of Year
8.3%
Dept Original Budget Adjusted YTD YTD Available %
No. Budget Adjustments1 Budget Expenditures Encumbrances Budget Used Management Services 11 $5,484,086 $0 $5,484,086 $284,269 $0 $5,199,817 5.2% Finance 12 5,014,140 - 5,014,140 343,845 101,269 4,569,025 8.9% Human Resources 13 2,438,873 - 2,438,873 165,496 - 2,273,377 6.8% Parks and Recreation 14 12,157,179 - 12,157,179 1,043,851 1,014,418 10,098,910 16.9% Police 15 40,371,162 - 40,371,162 2,813,749 3,088,545 34,468,868 14.6% Fire 16 18,591,849 - 18,591,849 1,364,658 759,473 16,467,717 11.4% Community Development 17 8,801,990 - 8,801,990 466,384 181,069 8,154,537 7.4% Public Works 18 12,995,850 - 12,995,850 868,281 274,900 11,852,669 8.8% Information Technology 19 - - - - - - - $105,855,129 $0 $105,855,129 $7,350,533 $5 ,419,675 $93,084,920 12.1% 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 2026 General Fund Expenditures by Department As of July 31, 2025
Current Year Activity
Account Description Established Purpose Amount
Parks & Recreation
100-21501 Tree and Bench Donations 2003 Donations for trees & benches. $ 6,797 100-21705 Pumpkin Race 2013 Sponsorship revenue/expenses for Pumpkin Race. $ 5,026 100-21706 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. $ 1,668,412 Police
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 fo r Victims Assistance programs. $ 3,423 100-21411 Every 15 Minutes Deposits 1998 Funded through donations. Every 15 Minutes Program. In conjunction with Mira Costa (MBUS D). $ 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 fo r various Neighborhood Watch uses. $ 25,847 100-21407 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 matt resses, periodicals, newspapers, books, etc.
$ 47,920
Fire
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 techn ology 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.
$ 59,789
Community Development
100-21602 Tree Penalties for Ill egal Removal 2018 Fines for illegally re moved trees for the planting of new trees. $ 77,3 55 100-21601 General Plan Maintenance 2010 Surcharge ta ken from permits to fund updates for General Plan (i.e., Mobility Plan, Housing Element, Land Use, etc.). $ 652,060 100-21608 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.
$ 93,235
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 identifi ed 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. $ 18,467
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.
$ 123,184
100-21914 Energov Technology Replacement 2020 Funded through a fee of 3% of Building Permits. The purpose of this technology fee i s to recover the cost associated with replacement of existing system, upgrades to the existing and new system, and maintenance costs associated with the system.
$ 227,793
Information Technology
100-21311 Time Warner PEG Deposit 1997 Public, Education, and Governmental Access. MBtv (city government cablecast and webcast) c apital expenditures, repairs and upgrades.
$ 78,944
100-21312 Verizon PEG Deposit 2007 Public, Education, and Governmental Access. MBtv (city government cablecast and webcast) capit al expenditures, repairs and upgrades.
$ 191,496
Total $ 3,450,642
Balance Sheet Accounts
As of July 31, 2025