City of Manhattan Beach
Finance Department
Month End Report
September 2025
Fiscal Year 2025-2026
% of Year
25.0%
Adjusted Adjusted
Fund Budget YTD % Budget %
No. Revenues Revenues Realized Expenditures Expenditures Encumbrances Utilized* General Fund 100 $129,045,435 $29,463,121 22.8% $111,061,008 $26,725,124 $3,047,371 26.8% Street Lighting & Landscaping Fund 201 391,003 10,104 2.6% 675,465 100,668 - 14.9% Gas Tax Fund 205 2,098,759 384,496 18.3% 3,413,420 798,382 443,650 36.4% Asset Forfeiture Fund 210 74,769 199,676 267.1% 168,000 20,844 - 12.4% Police Safety Grants Fund 211 209,284 4,019 1.9% 311,680 2,246 128,895 42.1% Grants Fund 220 - - - - - - - Prop A Fund 230 918,788 244,980 26.7% 1,431,253 172,317 - 12.0% Prop C Fund 231 777,139 209,904 27.0% 848,261 1,526 161,071 19.2% AB 2766 Fund 232 53,373 14,684 27.5% 673 168 - 25.0% Measure R Fund 233 610,433 126,184 20.7% 653,065 9,864 268,186 42.6% Measure M Fund 234 654,628 119,697 18.3% 18,670,211 67,582 17,101,436 92.0% Measure W Fund 240 4,519,201 13,182 0.3% 6,139,439 31,207 2,031,695 33.6% Capital Improvements Fund 401 1,105,804 455,452 41.2% 8,833,277 333,981 284,522 7.0% Bond Construction Fund 402 - 3,697 - - - - - Underground Assessment District Construction 403 57,096 11,230 19.7% 27,000 - 27,000 100.0% Water Fund 501 18,658,082 5,693,745 30.5% 21,332,784 3,750,637 1,595,839 25.1% Storm Drain Fund 502 2,256,328 37,989 1.7% 3,297,754 235,537 639,813 26.5% Sewer Fund 503 4,706,815 1,394,791 29.6% 11,408,667 1,256,584 4,841,872 53.5% Parking Fund 520 6,283,427 1,837,964 29.3% 8,724,742 589,297 439,657 11.8% County Parking Lots Fund 521 1,588,160 539,729 34.0% 1,211,120 116,730 22,858 11.5% State Pier & Parking Lot Fund 522 1,161,785 310,416 26.7% 1,058,931 261,007 73,938 31.6% Insurance Reserve Fund 601 10,116,300 2,683,061 26.5% 11,943,699 6,352,985 220,887 55.0% Information Technology Fund 605 6,425,946 1,437,591 22.4% 7,067,504 1,412,037 1,125,412 35.9% Fleet Management Fund 610 3,523,905 794,803 22.6% 4,596,602 367,080 289,851 14.3% Building Maintenance & Operation Fund 615 2,991,842 513,868 17.2% 3,068,874 602,115 254,727 27.9% Underground Assessment Fund 2018 Refunding 710 714,150 5,429 0.8% 509,025 489,475 - 96.2% Underground Assessment Fund 19-12 & 19-14 711 606,106 4,223 0.7% 604,907 500,478 - 82.7% Underground Assessment Fund 19-4 712 337,613 1,907 0.6% 338,143 280,038 - 82.8% City Pension Fund 801 213,343 (1) (0.0%) 213,115 48,250 - 22.6% Section 115 Fund 804 100,000 162,964 163.0% 1,856,902 1,875,990 - 101.0% $200,199,514 $46,678,904 23.3% $229,465,521 $46,402,149 $32,998,679 34.6% *Includes Encumbered Amounts
Year-to-Date
As of September 30, 2025
Fiscal Year 2026 Statement of Revenues & Expenditures
City of Manhattan Beach
Current Year Activity
% of Year
25.0%
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 $29,463,121 $99,582,314 22.8% Street Lighting & Landscaping Fund 201 391,003 - 391,003 10,104 380,899 2.6% Gas Tax Fund 205 2,098,759 - 2,098,759 384,496 1,714,263 18.3% Asset Forfeiture Fund 210 74,769 - 74,769 199,676 (124,907) 267.1% Police Safety Grants Fund 211 209,284 - 209,284 4,019 205,265 1.9% Grants Fund 220 - - - - - - Prop A Fund 230 918,788 - 918,788 244,980 673,808 26.7% Prop C Fund 231 777,139 - 777,139 209,904 567,235 27.0% AB 2766 Fund 232 53,373 - 53,373 14,684 38,689 27.5% Measure R Fund 233 610,433 - 610,433 126,184 484,249 20.7% Measure M Fund 234 654,628 - 654,628 119,697 534,931 18.3% Measure W Fund 240 4,519,201 - 4,519,201 13,182 4,506,019 0.3% Capital Improvements Fund 401 1,105,804 - 1,105,804 455,452 650,352 41.2% Bond Construction Fund 402 - - - 3,697 (3,697) - Underground Assessment District Construction 403 57,096 - 57,096 11,230 45,866 19.7% Water Fund 501 18,658,082 - 18,658,082 5,693,745 12,964,337 30.5% Storm Drain Fund 502 2,256,328 - 2,256,328 37,989 2,218,339 1.7% Sewer Fund 503 4,706,815 - 4,706,815 1,394,791 3,312,024 29.6% Parking Fund 520 6,283,427 - 6,283,427 1,837,964 4,445,463 29.3% County Parking Lots Fund 521 1,588,160 - 1,588,160 539,729 1,048,431 34.0% State Pier & Parking Lot Fund 522 1,161,785 - 1,161,785 310,416 851,369 26.7% Insurance Reserve Fund 601 10,116,300 - 10,116,300 2,683,061 7,433,239 26.5% Information Technology Fund 605 6,425,946 - 6,425,946 1,437,591 4,988,355 22.4% Fleet Management Fund 610 3,523,905 - 3,523,905 794,803 2,729,102 22.6% Building Maintenance & Operation Fund 615 2,991,842 - 2,991,842 513,868 2,477,974 17.2% Underground Assessment Fund 2018 Refunding 710 714,150 - 714,150 5,429 708,721 0.8% Underground Assessment Fund 19-12 & 19-14 711 606,106 - 606,106 4,223 601,883 0.7% Underground Assessment Fund 19-4 712 337,613 - 337,613 1,907 335,706 0.6% City Pension Fund 801 213,343 - 213,343 (1) 213,344 (0.0%) Section 115 Fund 804 100,000 - 100,000 162,964 (62,964) 163.0% $196,573,707 $3,625,807 $200,199,514 $46,678,904 $153,520,610 23.3% City of Manhattan Beach
Fiscal Year 2026 Citywide Revenues
As of September 30, 2025
Current Year Activity
% of Year
25.0%
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 $26,725,124 $3,047,371 $81,288,514 26.8% Street Lighting & Landscaping Fund 201 675,465 - 675,465 100,668 - 574,797 14.9% Gas Tax Fund 205 2,262,690 1,150,730 3,413,420 798,382 443,650 2,171,388 36.4% Asset Forfeiture Fund 210 168,000 - 168,000 20,844 - 147,156 12.4% Police Safety Grants Fund 211 220,000 91,680 311,680 2,246 128,895 180,539 42.1% Grants Fund 220 - - - - - - - Prop A Fund 230 1,431,253 - 1,431,253 172,317 - 1,258,936 12.0% Prop C Fund 231 685,664 162,597 848,261 1,526 161,071 685,664 19.2% AB 2766 Fund 232 673 - 673 168 - 505 25.0% Measure R Fund 233 379,753 273,312 653,065 9,864 268,186 375,015 42.6% Measure M Fund 234 1,534,832 17,135,379 18,670,211 67,582 17,101,436 1,501,194 92.0% Measure W Fund 240 4,107,744 2,031,695 6,139,439 31,207 2,031,695 4,076,537 33.6% Capital Improvements Fund 401 8,537,665 295,612 8,833,277 333,981 284,522 8,214,773 7.0% 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 3,750,637 1,595,839 15,986,308 25.1% Storm Drain Fund 502 2,657,941 639,813 3,297,754 235,537 639,813 2,422,404 26.5% Sewer Fund 503 5,998,920 5,409,747 11,408,667 1,256,584 4,841,872 5,310,210 53.5% Parking Fund 520 8,185,111 539,631 8,724,742 589,297 439,657 7,695,789 11.8% County Parking Lots Fund 521 1,188,011 23,109 1,211,120 116,730 22,858 1,071,532 11.5% State Pier & Parking Lot Fund 522 702,081 356,850 1,058,931 261,007 73,938 723,986 31.6% Insurance Reserve Fund 601 11,897,119 46,580 11,943,699 6,352,985 220,887 5,369,827 55.0% Information Technology Fund 605 6,549,112 518,392 7,067,504 1,412,037 1,125,412 4,530,055 35.9% Fleet Management Fund 610 4,306,751 289,851 4,596,602 367,080 289,851 3,939,671 14.3% Building Maintenance & Operation Fund 615 2,956,895 111,979 3,068,874 602,115 254,727 2,212,032 27.9% 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 - 604,907 500,478 - 104,429 82.7% Underground Assessment Fund 19-4 712 338,143 - 338,143 280,038 - 58,106 82.8% City Pension Fund 801 213,115 - 213,115 48,250 - 164,865 22.6% Section 115 Fund 804 1,856,902 - 1,856,902 1,875,990 - (19,088) 101.0% $193,134,472 $36,331,049 $229,465,521 $46,402,149 $32,998,679 $150,064,693 34.6% *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 September 30, 2025
Current Year Activity
$4 $5 $6 $7
Percent of Year
25.0%
Major Revenue Accounts 2021 2022 2023 2024 2025 2026 Adj Budget Realized Property Taxes $776,468 $770,228 $824,597 $896,048 $938,608 961,659 $47,018,618 2.0% Sales & Use Tax* 1,945,493 2,376,253 2,864,287 3,090,624 1,047,716 839,999 11,440,000 7.3% Local Transaction and Use Tax - - - - - 347,280 5,943,000 5.8% Hotel Transient Occupancy Tax (TOT)*501,037 1,308,753 1,874,724 2,088,298 1,647,417 1,487,613 7,682,000 19.4% Short Term Rental TOT* - - 14,383 223,665 256,456 229,520 1,367,000 16.8% Business License Tax 557,680 801,942 432,420 488,439 323,500 385,815 5,850,000 6.6% Real Estate Transfer Tax 128,916 336,863 109,875 162,856 91,364 187,239 850,000 22.0% Building Permits 378,485 462,326 507,980 662,690 566,819 636,087 2,557,433 24.9% Parking Citations 386,735 532,862 524,524 315,987 410,647 503,467 2,741,865 18.4% Interest Earnings 370,608 245,811 199,650 564,120 560,894 329,201 1,484,313 22.2% Building Plan Check Fees 481,107 458,479 446,677 465,391 575,996 1,007,449 2,000,000 50.4% Total Major Revenue Accounts$5,526,530 $7,293,516 $7,799,117 $8,958,117 $6,419,415 6,915,330 $88,934,229 7.8% Over/(Under) Prior Year (1,528,264) 1,766,986 505,601 1,159,000 (2,538,701) 495,915 Percent Change From Prior Year (21.7%) 32.0% 6.9% 14.9% (28.3%) 7.7% Other Revenues* 955,222 4,409,312 6,686,515 8,121,671 $6,773,291 $22,547,791 40,111,206 56.2% Total General Fund Revenues $6,481,752 $11,702,828 $14,485,632 $17,079,788 $13,192,707 $29,463,121 $129,045,43522.8% * 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
September 30, 2025
$0 $300,000 $600,000 $900,000 $1,200,000 $1,500,000Building Plan Check FeesInterest EarningsParking CitationsBuilding PermitsReal Estate Transfer TaxBusiness License TaxShort Term Rental TOT*Hotel Transient Occupancy Tax*Sales & Use Tax*Local Transaction and Use TaxProperty TaxesSeptember 30, 2025Fiscal Year 2026Fiscal Year 2025General Fund Major Revenue Sources
$3 $4 $5 $6 $7
Percent of Year
25.0%
-
City of Manhattan Beach
Fiscal Year 2026 General Fund Major Revenue Trends
September 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$750,000$1,500,000$2,250,000$3,000,0002022 2023 2024 2025 2026Sales & Use Tax*$0$250,000$500,000$750,000$1,000,0002022 2023 2024 2025 2026Property Taxes $0$500,000$1,000,000$1,500,000$2,000,000$2,500,0002022 2023 2024 2025 2026Hotel Transient Occupancy Tax (TOT)*$0$250,000$500,000$750,000$1,000,0002022 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$450,000$600,0002022 2023 2024 2025 2026Building Permits$0$150,000$300,000$450,000$600,0002022 2023 2024 2025 2026Parking Citations$0$150,000$300,000$450,000$600,0002022 2023 2024 2025 2026Interest Earnings$0$250,000$500,000$750,000$1,000,000$1,250,0002022 2023 2024 2025 2026Building Plan Check Fees $0$75,000$150,000$225,000$300,0002022 2023 2024 2025 2026Short Term Rental TOT* $0$100,000$200,000$300,000$400,0002022 2023 2024 2025 2026Local Transaction and Use Tax % of Year
25.0%
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 $1,052,578 $45,198 $4,431,508 19.9% Finance 12 5,014,140 73,391 5,087,531 1,118,796 169,793 3,798,942 25.3% Human Resources 13 2,438,873 26,459 2,465,332 514,981 26,459 1,923,892 22.0% Parks and Recreation 14 12,157,179 126,918 12,284,097 3,136,907 875,323 8,271,867 32.7% Police 15 40,371,162 3,296,696 43,667,858 11,630,518 641,058 31,396,283 28.1% Fire 16 18,591,849 761,836 19,353,685 4,981,119 51,947 14,320,619 26.0% Community Development 17 8,801,990 165,776 8,967,766 1,811,559 206,248 6,949,959 22.5% Public Works 18 12,720,950 984,506 13,705,456 2,478,667 1,031,344 10,195,445 25.6% Information Technology 19 - - - - - - - $105,580,229 $5,480,779 $111,061,008 $26,725,124 $3,047,371 $81,288,514 26.8% 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 2026 General Fund Expenditures by Department As of September 30, 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. $ 5,470 100-21706 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. $ 1,651,403 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. $ 25,317 100-21407 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.
$ 61,702
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.). $ 662,861 100-21608 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.
$ 95,083
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. $ 16,040
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.
$ 143,299
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 $ 3,396,246
Balance Sheet Accounts
As of September 30, 2025