City of Manhattan Beach
Finance Department
Month End Report
August 2025
Fiscal Year 2025-2026
% of Year
16.7%
Adjusted Adjusted
Fund Budget YTD % Budget %
No. Revenues Revenues Realized Expenditures Expenditures Encumbrances Utilized* General Fund 100 $129,045,435 $23,181,938 18.0% $111,061,008 $15,348,756 $6,786,321 19.9% Street Lighting & Landscaping Fund 201 391,003 10,104 2.6% 675,465 71,673 - 10.6% Gas Tax Fund 205 2,098,759 205,449 9.8% 3,413,420 735,965 460,037 35.0% Asset Forfeiture Fund 210 74,769 194,760 260.5% 168,000 16,861 - 10.0% Police Safety Grants Fund 211 209,284 2,481 1.2% 311,680 2,246 91,680 30.1% Grants Fund 220 - - - - - - - Prop A Fund 230 918,788 161,854 17.6% 1,431,253 118,870 - 8.3% Prop C Fund 231 777,139 138,343 17.8% 848,261 - 162,597 19.2% AB 2766 Fund 232 53,373 1,721 3.2% 673 112 - 16.6% Measure R Fund 233 610,433 60,162 9.9% 653,065 3,705 273,312 42.4% Measure M Fund 234 654,628 63,261 9.7% 18,670,211 5,677 17,134,893 91.8% Measure W Fund 240 4,519,201 8,951 0.2% 6,139,439 10,561 2,031,695 33.3% Capital Improvements Fund 401 1,105,804 477,489 43.2% 8,833,277 301,546 284,522 6.6% Bond Construction Fund 402 - 2,233 - - - - - Underground Assessment District Construction 403 57,096 7,066 12.4% 27,000 - 27,000 100.0% Water Fund 501 18,658,082 3,364,181 18.0% 21,332,784 1,983,127 1,787,763 17.7% Storm Drain Fund 502 2,256,328 24,138 1.1% 3,297,754 143,353 639,813 23.7% Sewer Fund 503 4,706,815 872,129 18.5% 11,408,667 810,328 5,020,534 51.1% Parking Fund 520 6,283,427 1,135,405 18.1% 8,642,692 363,569 457,581 9.5% County Parking Lots Fund 521 1,588,160 402,245 25.3% 1,211,120 50,905 23,109 6.1% State Pier & Parking Lot Fund 522 1,161,785 210,870 18.2% 1,058,931 80,157 356,850 41.3% Insurance Reserve Fund 601 10,116,300 1,590,004 15.7% 11,943,699 5,569,534 245,960 48.7% Information Technology Fund 605 6,425,946 952,828 14.8% 7,067,504 877,335 970,310 26.1% Fleet Management Fund 610 3,523,905 528,429 15.0% 4,596,602 246,401 289,851 11.7% Building Maintenance & Operation Fund 615 2,991,842 314,177 10.5% 3,068,874 338,175 89,417 13.9% Underground Assessment Fund 2018 Refunding 710 714,150 3,498 0.5% 509,025 489,475 - 96.2% Underground Assessment Fund 19-12 & 19-14 711 606,106 2,746 0.5% 604,907 259,059 - 42.8% Underground Assessment Fund 19-4 712 337,613 1,203 0.4% 338,143 280,038 - 82.8% City Pension Fund 801 213,343 (1) (0.0%) 213,115 31,853 - 14.9% Section 115 Fund 804 100,000 85,065 85.1% 1,856,902 1,875,990 - 101.0% $200,199,514 $34,002,730 17.0% $229,383,471 $30,015,269 $37,133,246 29.3% *Includes Encumbered Amounts
Year-to-Date
As of August 31, 2025
Fiscal Year 2026 Statement of Revenues & Expenditures
City of Manhattan Beach
Current Year Activity
% of Year
16.7%
Fund Original Budget Adjusted Year-to-Date Unrealized % No. Budget Adjustments Budget Actuals Amount Realized
General Fund 100 $125,419,628 3,625,807 $129,045,435 $23,181,938 $105,863,497 18.0% Street Lighting & Landscaping Fund 201 391,003 - 391,003 10,104 380,899 2.6% Gas Tax Fund 205 2,098,759 - 2,098,759 205,449 1,893,310 9.8% Asset Forfeiture Fund 210 74,769 - 74,769 194,760 (119,991) 260.5% Police Safety Grants Fund 211 209,284 - 209,284 2,481 206,803 1.2% Grants Fund 220 - - - - - - Prop A Fund 230 918,788 - 918,788 161,854 756,934 17.6% Prop C Fund 231 777,139 - 777,139 138,343 638,796 17.8% AB 2766 Fund 232 53,373 - 53,373 1,721 51,652 3.2% Measure R Fund 233 610,433 - 610,433 60,162 550,271 9.9% Measure M Fund 234 654,628 - 654,628 63,261 591,367 9.7% Measure W Fund 240 4,519,201 - 4,519,201 8,951 4,510,250 0.2% Capital Improvements Fund 401 1,105,804 - 1,105,804 477,489 628,315 43.2% Bond Construction Fund 402 - - - 2,233 (2,233) - Underground Assessment District Construction 403 57,096 - 57,096 7,066 50,030 12.4% Water Fund 501 18,658,082 - 18,658,082 3,364,181 15,293,901 18.0% Storm Drain Fund 502 2,256,328 - 2,256,328 24,138 2,232,190 1.1% Sewer Fund 503 4,706,815 - 4,706,815 872,129 3,834,686 18.5% Parking Fund 520 6,283,427 - 6,283,427 1,135,405 5,148,022 18.1% County Parking Lots Fund 521 1,588,160 - 1,588,160 402,245 1,185,915 25.3% State Pier & Parking Lot Fund 522 1,161,785 - 1,161,785 210,870 950,915 18.2% Insurance Reserve Fund 601 10,116,300 - 10,116,300 1,590,004 8,526,296 15.7% Information Technology Fund 605 6,425,946 - 6,425,946 952,828 5,473,118 14.8% Fleet Management Fund 610 3,523,905 - 3,523,905 528,429 2,995,476 15.0% Building Maintenance & Operation Fund 615 2,991,842 - 2,991,842 314,177 2,677,665 10.5% Underground Assessment Fund 2018 Refunding 710 714,150 - 714,150 3,498 710,652 0.5% Underground Assessment Fund 19-12 & 19-14 711 606,106 - 606,106 2,746 603,360 0.5% Underground Assessment Fund 19-4 712 337,613 - 337,613 1,203 336,410 0.4% City Pension Fund 801 213,343 - 213,343 (1) 213,344 (0.0%) Section 115 Fund 804 100,000 - 100,000 85,065 14,935 85.1% $196,573,707 $3,625,807 $200,199,514 $34,002,730 $166,196,784 17.0% City of Manhattan Beach
Fiscal Year 2026 Citywide Revenues
As of August 31, 2025
Current Year Activity
% of Year
16.7%
Fund Original Budget Adjusted Available %
No. Budget Adjustments* Budget Actuals Encumbrances Budget Utilized** General Fund 100 $105,580,229 $5,480,779 $111,061,008 $15,348,756 $6,786,321 $88,925,931 19.9% Street Lighting & Landscaping Fund 201 675,465 - 675,465 71,673 - 603,792 10.6% Gas Tax Fund 205 2,262,690 1,150,730 3,413,420 735,965 460,037 2,217,418 35.0% Asset Forfeiture Fund 210 168,000 - 168,000 16,861 - 151,139 10.0% Police Safety Grants Fund 211 220,000 91,680 311,680 2,246 91,680 217,754 30.1% Grants Fund 220 - - - - - - - Prop A Fund 230 1,431,253 - 1,431,253 118,870 - 1,312,383 8.3% Prop C Fund 231 685,664 162,597 848,261 - 162,597 685,664 19.2% AB 2766 Fund 232 673 - 673 112 - 561 16.6% Measure R Fund 233 379,753 273,312 653,065 3,705 273,312 376,048 42.4% Measure M Fund 234 1,534,832 17,135,379 18,670,211 5,677 17,134,893 1,529,641 91.8% Measure W Fund 240 4,107,744 2,031,695 6,139,439 10,561 2,031,695 4,097,183 33.3% Capital Improvements Fund 401 8,537,665 295,612 8,833,277 301,546 284,522 8,247,209 6.6% Bond Construction Fund 402 - - - - - - - Underground Assessment District Construction 403 - 27,000 27,000 - 27,000 - 100.0% Water Fund 501 19,586,471 1,746,313 21,332,784 1,983,127 1,787,763 17,561,894 17.7% Storm Drain Fund 502 2,657,941 639,813 3,297,754 143,353 639,813 2,514,588 23.7% Sewer Fund 503 5,998,920 5,409,747 11,408,667 810,328 5,020,534 5,577,805 51.1% Parking Fund 520 8,185,111 457,581 8,642,692 363,569 457,581 7,821,542 9.5% County Parking Lots Fund 521 1,188,011 23,109 1,211,120 50,905 23,109 1,137,106 6.1% State Pier & Parking Lot Fund 522 702,081 356,850 1,058,931 80,157 356,850 621,924 41.3% Insurance Reserve Fund 601 11,897,119 46,580 11,943,699 5,569,534 245,960 6,128,205 48.7% Information Technology Fund 605 6,549,112 518,392 7,067,504 877,335 970,310 5,219,859 26.1% Fleet Management Fund 610 4,306,751 289,851 4,596,602 246,401 289,851 4,060,350 11.7% Building Maintenance & Operation Fund 615 2,956,895 111,979 3,068,874 338,175 89,417 2,641,281 13.9% Underground Assessment Fund 2018 Refunding 710 509,025 - 509,025 489,475 - 19,550 96.2% Underground Assessment Fund 19-12 & 19-14 711 604,907 - 604,907 259,059 - 345,848 42.8% Underground Assessment Fund 19-4 712 338,143 - 338,143 280,038 - 58,106 82.8% City Pension Fund 801 213,115 - 213,115 31,853 - 181,262 14.9% Section 115 Fund 804 1,856,902 - 1,856,902 1,875,990 - (19,088) 101.0% $193,134,472 $36,248,999 $229,383,471 $30,015,269 $37,133,246 $162,234,957 29.3% *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 August 31, 2025
Current Year Activity
$4 $5 $6 $7
Percent of Year
16.7%
Major Revenue Accounts 2021 2022 2023 2024 2025 2026 Adj BudgetRealized Property Taxes $776,468 $770,228 $824,597 $896,139 $938,608 961,659 $47,018,618 2.0% Sales & Use Tax* 1,249,220 1,708,940 1,995,892 2,248,249 (432) - 11,440,000 0.0% Hotel Transient Occupancy Tax (TOT)*300,577 882,717 1,109,796 1,326,445 836,104 715,744 7,682,000 9.3% Short Term Rental TOT* - - 4,278 173,730 98,003 124,376 1,367,000 9.1% Business License Tax 489,304 717,723 315,511 396,599 281,280 279,584 5,850,000 4.8% Real Estate Transfer Tax 43,690 336,863 - - 91,364 94,860 850,000 11.2% Building Permits 256,657 240,375 369,028 431,554 424,731 460,315 2,557,433 18.0% Parking Citations 195,554 360,864 234,447 149,062 212,109 260,173 2,741,865 9.5% Interest Earnings 337,855 151,755 134,355 360,878 380,473 (440,224) 1,484,313 -29.7% Building Plan Check Fees 346,109 248,307 364,369 353,602 411,904 560,747 2,000,000 28.0% Total Major Revenue Accounts$3,995,433 $5,417,772 $5,352,273 $6,336,258 $3,674,143 3,017,236 $82,991,229 3.6% Over/(Under) Prior Year (1,011,909) 1,422,339 (65,499) 983,985 (2,662,114) (656,908) Percent Change From Prior Year (20.2%) 35.6% (1.2%) 18.4% (42.0%) (17.9%) Other Revenues* 2,486,319 3,102,453 4,887,808 6,561,251 $5,473,518 $20,164,702 46,054,206 43.8% Total General Fund Revenues$6,481,752 $8,520,225$10,240,081$12,897,509 $9,147,661 $23,181,938$129,045,43518.0% * Accounting methodology change starting FY 2025 results in variances across key revenues. During Quarter 1, prior year revenues are accrued to the prior year and reversed in the new fiscal year. ** The Total General Fund Revenues in Quarter 1 of FY 2026 include one-time bond proceeds of $16.7 million associated with the Certificates of Participation for 400 MBB and Public Saftey Radios.
City of Manhattan Beach
Fiscal Year 2026 General Fund Major Revenue Trends
Year-To-Date Actuals FY 2026
August 31, 2025
$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000Building Plan Check FeesInterest EarningsParking CitationsBuilding PermitsReal Estate Transfer TaxBusiness License TaxShort Term Rental TOT*Hotel Transient Occupancy Tax*Sales & Use Tax*Property TaxesAugust 31, 2025Fiscal Year 2026Fiscal Year 2025General Fund Major Revenue Sources
$3 $4 $5 $6 $7
Percent of Year
16.7%
$2,020 $2,021 $2,022 $2,023 $2,024 $2,025 -
-
City of Manhattan Beach
Fiscal Year 2026 General Fund Major Revenue Trends
August Year-Over-Year
* Accounting methodology change starting FY 2025 results in variances across key revenues. During Quarter 1, prior year revenues are accrued to the prior year and reversed in the new fiscal year.
$0$300,000$600,000$900,000$1,200,0002022 2023 2024 2025 2026Sales & Use Tax*$0$250,000$500,000$750,000$1,000,0002022 2023 2024 2025 2026Property Taxes $0$350,000$700,000$1,050,000$1,400,0002022 2023 2024 2025 2026Hotel Transient Occupancy Tax (TOT)*$0$200,000$400,000$600,000$800,0002022 2023 2024 2025 2026Business License Tax$0$100,000$200,000$300,000$400,0002022 2023 2024 2025 2026Real Estate Transfer Tax$0$150,000$300,000$450,0002022 2023 2024 2025 2026Building Permits$0$100,000$200,000$300,000$400,0002022 2023 2024 2025 2026Parking Citations$0$100,000$200,000$300,000$400,0002022 2023 2024 2025 2026Interest Earnings$0$150,000$300,000$450,000$600,0002022 2023 2024 2025 2026Building Plan Check Fees $0$50,000$100,000$150,000$200,0002022 2023 2024 2025 2026Short Term Rental TOT* % of Year
16.7%
Dept Original Budget Adjusted YTD YTD Available %
No. Budget Adjustments1 Budget Expenditures Encumbrances Budget Used Management Services 11 $5,484,086 $45,198 $5,529,284 $581,061 $45,198 $4,903,025 11.3% Finance 12 5,014,140 73,391 5,087,531 719,099 172,236 4,196,197 17.5% Human Resources 13 2,438,873 26,459 2,465,332 343,568 26,459 2,095,305 15.0% Parks and Recreation 14 12,157,179 126,918 12,284,097 2,279,486 955,140 9,049,470 26.3% Police 15 40,371,162 3,296,696 43,667,858 5,960,083 3,498,291 34,209,484 21.7% Fire 16 18,591,849 761,836 19,353,685 2,746,772 782,453 15,824,459 18.2% Community Development 17 8,801,990 165,776 8,967,766 1,118,046 285,862 7,563,857 15.7% Public Works 18 12,720,950 984,506 13,705,456 1,600,641 1,020,683 11,084,133 19.1% Information Technology 19 - - - - - - - $105,580,229 $5,480,779 $111,061,008 $15,348,756 $6,786,321 $88,925,931 19.9% 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 August 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. $ 7,363 100-21706 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. $ 1,665,093 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 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. $ 25,709 100-21407 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.
$ 47,920
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 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.
$ 60,920
Community Development
100-21602 Tree Penalties for Illegal Removal 2018 Fines for illegally removed trees for the planting of new trees. $ 79,305 100-21601 General Plan Maintenance 2010 Surcharge taken from permits to fund updates for General Plan (i.e., Mobility Plan, Housing Element, Land Use, etc.). $ 659,029 100-21608 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.
$ 94,457
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. $ 18,881
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.
$ 140,381
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.
$ 104,558
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.
$ 92,461
100-21312 Verizon PEG Deposit 2007 Public, Education, and Governmental Access. MBtv (city government cablecast and webcast) capital expenditures, repairs and upgrades.
$ 193,890
Total $ 3,371,080
Balance Sheet Accounts
As of August 31, 2025