City of Manhattan Beach
Finance Department
Month End Report
October 2025
Fiscal Year 2025-2026
% of Year
33.3%
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 $1,418,383 $45,198 $4,065,703 26.5% Finance 12 5,014,140 73,391 5,087,531 1,662,705 139,242 3,285,585 35.4% Human Resources 13 2,438,873 26,459 2,465,332 791,861 26,459 1,647,012 33.2% Parks and Recreation 14 12,157,179 141,983 12,299,162 4,287,283 697,550 7,314,328 40.5% Police 15 40,371,162 3,443,677 43,814,839 15,480,426 595,171 27,739,242 36.7% Fire 16 18,591,849 761,836 19,353,685 6,898,205 788 12,454,692 35.6% Community Development 17 8,801,990 165,776 8,967,766 2,686,640 198,762 6,082,363 32.2% Public Works 18 12,720,950 1,081,506 13,802,456 3,632,909 953,938 9,215,609 33.2% Information Technology 19 - - - - - - - $105,580,229 $5,739,825 $111,320,054 $36,858,412 $2,657,108 $71,804,534 35.5% 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 October 31, 2025
Current Year Activity
% of Year
33.3%
Adjusted Adjusted
Fund Budget YTD % Budget %
No. Revenues Revenues Realized Expenditures Expenditures Encumbrances Utilized* General Fund 100 $129,269,107 $34,007,679 26.3% $111,320,054 $36,858,412 $2,657,108 35.5% Street Lighting & Landscaping Fund 201 391,003 10,104 2.6% 675,465 165,840 - 24.6% Gas Tax Fund 205 2,243,616 491,741 21.9% 7,120,880 849,552 415,033 17.8% Asset Forfeiture Fund 210 74,769 518,433 693.4% 168,000 31,886 18,391 29.9% Police Safety Grants Fund 211 209,284 5,489 2.6% 311,680 98,385 33,011 42.2% Grants Fund 220 6,717,859 - - 6,717,859 - - - Prop A Fund 230 918,788 249,418 27.1% 1,431,253 238,476 - 16.7% Prop C Fund 231 7,719,179 216,329 2.8% 8,238,401 34,871 160,696 2.4% AB 2766 Fund 232 53,373 15,777 29.6% 262,812 224 - 0.1% Measure R Fund 233 1,451,576 181,556 12.5% 3,292,054 21,425 268,186 8.8% Measure M Fund 234 19,177,405 178,341 0.9% 20,821,064 443,273 16,748,156 82.6% Measure W Fund 240 31,087,773 17,356 0.1% 31,758,693 387,500 1,689,430 6.5% Capital Improvements Fund 401 1,105,804 545,679 49.3% 17,431,576 382,503 284,522 3.8% Bond Construction Fund 402 - 5,182 - 60 - - - Underground Assessment District Construction 403 57,096 15,450 27.1% 1,141,818 - 27,000 2.4% Water Fund 501 18,658,082 6,989,379 37.5% 27,255,575 5,275,567 1,602,500 25.2% Storm Drain Fund 502 2,256,328 52,537 2.3% 6,555,698 373,931 1,315,894 25.8% Sewer Fund 503 4,706,815 1,771,090 37.6% 23,592,271 1,642,195 13,287,879 63.3% Parking Fund 520 6,283,427 2,296,485 36.5% 9,723,685 843,931 439,582 13.2% County Parking Lots Fund 521 1,588,160 653,489 41.1% 1,211,120 150,178 22,858 14.3% State Pier & Parking Lot Fund 522 1,161,785 387,670 33.4% 1,468,359 319,203 73,938 26.8% Insurance Reserve Fund 601 10,116,300 3,476,126 34.4% 11,943,699 7,677,886 195,470 65.9% Information Technology Fund 605 6,425,946 1,922,399 29.9% 7,067,504 1,828,937 1,110,399 41.6% Fleet Management Fund 610 3,523,905 1,073,607 30.5% 4,596,602 536,811 242,274 16.9% Building Maintenance & Operation Fund 615 2,991,842 779,906 26.1% 3,068,874 827,118 313,110 37.2% Underground Assessment Fund 2018 Refunding 710 714,150 7,216 1.0% 509,025 489,475 - 96.2% Underground Assessment Fund 19-12 & 19-14 711 606,106 5,574 0.9% 604,907 500,478 - 82.7% Underground Assessment Fund 19-4 712 337,613 2,554 0.8% 338,143 280,038 - 82.8% City Pension Fund 801 213,343 (1) (0.0%) 213,115 71,922 - 33.7% Section 115 Fund 804 100,000 208,478 208.5% 1,856,902 1,875,990 - 101.0% $260,160,434 $56,085,042 21.6% $310,697,149 $62,206,006 $40,905,436 33.2% *Includes Encumbered Amounts
Year-to-Date
As of October 31, 2025
Fiscal Year 2026 Statement of Revenues & Expenditures
City of Manhattan Beach
Current Year Activity
% of Year
33.3%
Fund Original Budget Adjusted Year-to-Date Unrealized % No. Budget Adjustments Budget Actuals Amount Realized
General Fund 100 $125,419,628 3,849,479 $129,269,107 $34,007,679 $95,261,428 26.3% Street Lighting & Landscaping Fund 201 391,003 - 391,003 10,104 380,899 2.6% Gas Tax Fund 205 2,098,759 144,857 2,243,616 491,741 1,751,875 21.9% Asset Forfeiture Fund 210 74,769 - 74,769 518,433 (443,664) 693.4% Police Safety Grants Fund 211 209,284 - 209,284 5,489 203,795 2.6% Grants Fund 220 - 6,717,859 6,717,859 - 6,717,859 - Prop A Fund 230 918,788 - 918,788 249,418 669,370 27.1% Prop C Fund 231 777,139 6,942,040 7,719,179 216,329 7,502,850 2.8% AB 2766 Fund 232 53,373 - 53,373 15,777 37,596 29.6% Measure R Fund 233 610,433 841,143 1,451,576 181,556 1,270,020 12.5% Measure M Fund 234 654,628 18,522,777 19,177,405 178,341 18,999,064 0.9% Measure W Fund 240 4,519,201 26,568,572 31,087,773 17,356 31,070,417 0.1% Capital Improvements Fund 401 1,105,804 - 1,105,804 545,679 560,125 49.3% Bond Construction Fund 402 - - - 5,182 (5,182) - Underground Assessment District Construction 403 57,096 - 57,096 15,450 41,646 27.1% Water Fund 501 18,658,082 - 18,658,082 6,989,379 11,668,703 37.5% Storm Drain Fund 502 2,256,328 - 2,256,328 52,537 2,203,791 2.3% Sewer Fund 503 4,706,815 - 4,706,815 1,771,090 2,935,725 37.6% Parking Fund 520 6,283,427 - 6,283,427 2,296,485 3,986,942 36.5% County Parking Lots Fund 521 1,588,160 - 1,588,160 653,489 934,671 41.1% State Pier & Parking Lot Fund 522 1,161,785 - 1,161,785 387,670 774,115 33.4% Insurance Reserve Fund 601 10,116,300 - 10,116,300 3,476,126 6,640,174 34.4% Information Technology Fund 605 6,425,946 - 6,425,946 1,922,399 4,503,547 29.9% Fleet Management Fund 610 3,523,905 - 3,523,905 1,073,607 2,450,298 30.5% Building Maintenance & Operation Fund 615 2,991,842 - 2,991,842 779,906 2,211,936 26.1% Underground Assessment Fund 2018 Refunding 710 714,150 - 714,150 7,216 706,934 1.0% Underground Assessment Fund 19-12 & 19-14 711 606,106 - 606,106 5,574 600,532 0.9% Underground Assessment Fund 19-4 712 337,613 - 337,613 2,554 335,059 0.8% City Pension Fund 801 213,343 - 213,343 (1) 213,344 (0.0%) Section 115 Fund 804 100,000 - 100,000 208,478 (108,478) 208.5% $196,573,707 $63,586,727 $260,160,434 $56,085,042 $204,075,391 21.6% City of Manhattan Beach
Fiscal Year 2026 Citywide Revenues
As of October 31, 2025
Current Year Activity
% of Year
33.3%
Fund Original Budget Adjusted Available %
No. Budget Adjustments* Budget Actuals Encumbrances Budget Utilized** General Fund 100 $105,580,229 $5,739,825 $111,320,054 $36,858,412 $2,657,108 $71,804,534 35.5% Street Lighting & Landscaping Fund 201 675,465 - 675,465 165,840 - 509,625 24.6% Gas Tax Fund 205 2,262,690 4,858,190 7,120,880 849,552 415,033 5,856,295 17.8% Asset Forfeiture Fund 210 168,000 - 168,000 31,886 18,391 117,724 29.9% Police Safety Grants Fund 211 220,000 91,680 311,680 98,385 33,011 180,284 42.2% Grants Fund 220 - 6,717,859 6,717,859 - - 6,717,859 - Prop A Fund 230 1,431,253 - 1,431,253 238,476 - 1,192,777 16.7% Prop C Fund 231 685,664 7,552,737 8,238,401 34,871 160,696 8,042,834 2.4% AB 2766 Fund 232 673 262,139 262,812 224 - 262,588 0.1% Measure R Fund 233 379,753 2,912,301 3,292,054 21,425 268,186 3,002,444 8.8% Measure M Fund 234 1,534,832 19,286,232 20,821,064 443,273 16,748,156 3,629,635 82.6% Measure W Fund 240 4,107,744 27,650,949 31,758,693 387,500 1,689,430 29,681,763 6.5% Capital Improvements Fund 401 8,537,665 8,893,911 17,431,576 382,503 284,522 16,764,550 3.8% Bond Construction Fund 402 - 60 60 - - 60 - Underground Assessment District Construction 403 - 1,141,818 1,141,818 - 27,000 1,114,818 2.4% Water Fund 501 19,586,471 7,669,104 27,255,575 5,275,567 1,602,500 20,377,508 25.2% Storm Drain Fund 502 2,657,941 3,897,757 6,555,698 373,931 1,315,894 4,865,873 25.8% Sewer Fund 503 5,998,920 17,593,351 23,592,271 1,642,195 13,287,879 8,662,197 63.3% Parking Fund 520 8,185,111 1,538,574 9,723,685 843,931 439,582 8,440,173 13.2% County Parking Lots Fund 521 1,188,011 23,109 1,211,120 150,178 22,858 1,038,084 14.3% State Pier & Parking Lot Fund 522 702,081 766,278 1,468,359 319,203 73,938 1,075,218 26.8% Insurance Reserve Fund 601 11,897,119 46,580 11,943,699 7,677,886 195,470 4,070,343 65.9% Information Technology Fund 605 6,549,112 518,392 7,067,504 1,828,937 1,110,399 4,128,168 41.6% Fleet Management Fund 610 4,306,751 289,851 4,596,602 536,811 242,274 3,817,516 16.9% Building Maintenance & Operation Fund 615 2,956,895 111,979 3,068,874 827,118 313,110 1,928,645 37.2% 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 71,922 - 141,193 33.7% Section 115 Fund 804 1,856,902 - 1,856,902 1,875,990 - (19,088) 101.0% $193,134,472 $117,562,677 $310,697,149 $62,206,006 $40,905,436 $207,585,707 33.2% *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 October 31, 2025
Current Year Activity
$4 $5 $6 $7
Percent of Year
33.3%
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* 2,574,802 3,264,452 3,758,858 3,952,856 1,876,762 2,456,071 11,440,000 21.5% Local Transaction and Use Tax - - - - - - 5,943,000 0.0% Hotel Transient Occupancy Tax (TOT)* 711,274 1,698,250 2,473,168 2,725,617 2,347,902 2,162,811 7,682,000 28.2% Short Term Rental TOT* - 600 22,052 342,842 333,387 306,420 1,367,000 22.4% Business License Tax 608,993 903,296 519,882 568,734 378,395 487,156 5,850,000 8.3% Real Estate Transfer Tax 224,754 564,928 172,356 162,856 146,855 262,771 850,000 30.9% Building Permits 536,256 559,167 657,607 837,424 723,516 836,143 2,557,433 32.7% Parking Citations 508,999 672,561 863,450 445,957 650,836 755,268 2,741,865 27.5% Interest Earnings 479,350 320,513 348,793 855,017 820,151 247,813 1,484,313 16.7% Building Plan Check Fees 624,437 643,222 554,836 641,343 790,900 1,281,604 2,000,000 64.1% Total Major Revenue Accounts $7,045,332 $9,397,216 $10,195,599 $11,428,693 $9,007,313 9,757,715 $88,934,229 11.0% Over/(Under) Prior Year (1,959,833) 2,351,884 798,384 1,233,094 (2,421,380) 750,402 Percent Change From Prior Year (21.8%) 33.4% 8.5% 12.1% (21.2%) 8.3% Other Revenues* 5,131,150 5,950,823 7,895,766 9,830,157 $8,273,117 $24,249,964 40,334,878 60.1% Total General Fund Revenues $12,176,483 $15,348,039 $18,091,366 $21,258,850 $17,280,429 $34,007,679 $129,269,107 26.3% * 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
October 31, 2025
$0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 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*
Local Transaction and Use Tax
Property Taxes
October 31, 2025
Fiscal Year 2026
Fiscal Year 2025
General Fund Major Revenue Sources
$3 $4 $5 $6 $7
Percent of Year
33.3%
-
City of Manhattan Beach
Fiscal Year 2026 General Fund Major Revenue Trends
October 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
$1,000,000
$2,000,000
$3,000,000
$4,000,000
2022 2023 2024 2025 2026
Sales & Use Tax*
$0
$250,000
$500,000
$750,000
$1,000,000
2022 2023 2024 2025 2026
Property Taxes
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
2022 2023 2024 2025 2026
Hotel Transient Occupancy Tax
(TOT)*
$0
$250,000
$500,000
$750,000
$1,000,000
2022 2023 2024 2025 2026
Business License Tax
$0
$150,000
$300,000
$450,000
$600,000
2022 2023 2024 2025 2026
Real Estate Transfer Tax
$0
$200,000
$400,000
$600,000
$800,000
2022 2023 2024 2025 2026
Building Permits
$0
$200,000
$400,000
$600,000
$800,000
2022 2023 2024 2025 2026
Parking Citations
$0
$200,000
$400,000
$600,000
$800,000
2022 2023 2024 2025 2026
Interest Earnings
$0
$300,000
$600,000
$900,000
$1,200,000
2022 2023 2024 2025 2026
Building Plan Check Fees
$0
$100,000
$200,000
$300,000
$400,000
2022 2023 2024 2025 2026
Short Term Rental TOT*
$0
$100,000
$200,000
$300,000
$400,000
2022 2023 2024 2025 2026
Local Transaction and Use Tax
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. $ 21,820 100-21706 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. $ 1,664,615 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. $ 25,637 100-21407 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.
$ 47,967
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.
$ 62,071
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.). $ 666,870 100-21608 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.
$ 96,652
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. $ 13,757
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.
$ 189,480
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 $ 3,476,018
Balance Sheet Accounts
As of October 31, 2025