City of Manhattan Beach
Finance Department
Month End Report
December 2025
Fiscal Year 2025-2026
% of Year
50.0%
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 $2,570,226 $45,198 $2,913,860 47.3% Finance 12 5,014,140 73,391 5,087,531 2,629,118 125,080 2,333,333 54.1% Human Resources 13 2,438,873 26,459 2,465,332 1,164,627 26,459 1,274,246 48.3% Parks and Recreation 14 12,157,179 141,983 12,299,162 6,341,291 610,148 5,347,723 56.5% Police 15 40,371,162 3,531,306 43,902,468 21,691,569 385,532 21,825,368 50.3% Fire 16 18,591,849 791,836 19,383,685 9,694,639 1,509 9,687,536 50.0% Community Development 17 8,801,990 165,776 8,967,766 4,205,810 195,352 4,566,604 49.1% Public Works 18 12,720,950 1,090,120 13,811,070 5,163,798 894,981 7,752,291 43.9% Information Technology 19 - - - - - - - $105,580,229 $5,866,068 $111,446,297 $53,461,077 $2,284,259 $55,700,961 50.0% 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 2026 General Fund Expenditures by Department As of December 31, 2025
Current Year Activity
% of Year
50.0%
Adjusted Adjusted
Fund Budget YTD % Budget %
No. Revenues Revenues Realized Expenditures Expenditures Encumbrances Utilized* General Fund 100 $129,345,323 $61,727,149 47.7% $111,446,297 $53,461,077 $2,284,259 50.0% Street Lighting & Landscaping Fund 201 391,003 170,986 43.7% 675,465 160,542 - 23.8% Gas Tax Fund 205 2,243,616 852,069 38.0% 7,120,880 873,210 408,361 18.0% Asset Forfeiture Fund 210 74,769 982,424 1313.9% 168,000 44,987 18,391 37.7% Police Safety Grants Fund 211 209,284 194,476 92.9% 311,680 98,385 33,011 42.2% Grants Fund 220 6,717,859 - - 6,717,859 - - - Prop A Fund 230 918,788 475,927 51.8% 1,431,253 339,600 - 23.7% Prop C Fund 231 7,719,179 409,633 5.3% 8,238,401 35,655 159,912 2.4% AB 2766 Fund 232 53,373 29,594 55.4% 262,812 336 - 0.1% Measure R Fund 233 1,451,576 285,493 19.7% 3,292,054 27,477 259,009 8.7% Measure M Fund 234 19,177,405 285,537 1.5% 20,821,064 681,186 16,548,517 82.8% Measure W Fund 240 31,087,773 435,669 1.4% 31,758,693 493,108 1,611,875 6.6% Capital Improvements Fund 401 1,105,804 703,073 63.6% 17,431,576 1,449,009 272,193 9.9% Bond Construction Fund 402 - 7,825 - 60 - - - Underground Assessment District Construction 403 57,096 23,960 42.0% 1,141,818 - 27,000 2.4% Water Fund 501 18,658,082 10,323,200 55.3% 27,255,575 8,202,875 1,459,624 35.5% Storm Drain Fund 502 2,256,328 980,364 43.4% 6,555,698 680,337 1,208,073 28.8% Sewer Fund 503 4,706,815 2,678,831 56.9% 23,592,271 2,569,240 12,940,481 65.7% Parking Fund 520 6,283,427 2,839,884 45.2% 9,723,685 1,792,549 353,856 22.1% County Parking Lots Fund 521 1,588,160 818,345 51.5% 1,211,120 191,951 22,782 17.7% State Pier & Parking Lot Fund 522 1,161,785 514,279 44.3% 1,468,359 386,134 297,885 46.6% Insurance Reserve Fund 601 10,116,300 5,062,239 50.0% 11,943,699 9,601,471 163,588 81.8% Information Technology Fund 605 6,425,946 2,891,925 45.0% 7,067,504 2,628,163 1,133,771 53.2% Fleet Management Fund 610 3,523,905 1,551,808 44.0% 4,784,746 794,488 160,492 20.0% Building Maintenance & Operation Fund 615 2,991,842 1,268,040 42.4% 3,068,874 1,284,840 203,221 48.5% Underground Assessment Fund 2018 Refunding 710 714,150 75,492 10.6% 509,025 489,475 - 96.2% Underground Assessment Fund 19-12 & 19-14 711 606,106 251,332 41.5% 604,907 500,478 - 82.7% Underground Assessment Fund 19-4 712 337,613 135,741 40.2% 338,143 280,038 - 82.8% City Pension Fund 801 213,343 (1) (0.0%) 213,115 106,366 - 49.9% Section 115 Fund 804 100,000 233,571 233.6% 1,856,902 1,875,990 - 101.0% $260,236,650 $96,208,865 37.0% $311,011,536 $89,048,965 $39,566,301 41.4% *Includes Encumbered Amounts
Year-to-Date
As of December 31, 2025
Fiscal Year 2026 Statement of Revenues & Expenditures
City of Manhattan Beach
Current Year Activity
% of Year
50.0%
Fund Original Budget Adjusted Year-to-Date Unrealized % No. Budget Adjustments Budget Actuals Amount Realized
General Fund 100 $125,419,628 3,925,695 $129,345,323 $61,727,149 $67,618,173 47.7% Street Lighting & Landscaping Fund 201 391,003 - 391,003 170,986 220,017 43.7% Gas Tax Fund 205 2,098,759 144,857 2,243,616 852,069 1,391,547 38.0% Asset Forfeiture Fund 210 74,769 - 74,769 982,424 (907,655) 1313.9% Police Safety Grants Fund 211 209,284 - 209,284 194,476 14,808 92.9% Grants Fund 220 - 6,717,859 6,717,859 - 6,717,859 - Prop A Fund 230 918,788 - 918,788 475,927 442,861 51.8% Prop C Fund 231 777,139 6,942,040 7,719,179 409,633 7,309,546 5.3% AB 2766 Fund 232 53,373 - 53,373 29,594 23,779 55.4% Measure R Fund 233 610,433 841,143 1,451,576 285,493 1,166,084 19.7% Measure M Fund 234 654,628 18,522,777 19,177,405 285,537 18,891,867 1.5% Measure W Fund 240 4,519,201 26,568,572 31,087,773 435,669 30,652,104 1.4% Capital Improvements Fund 401 1,105,804 - 1,105,804 703,073 402,731 63.6% Bond Construction Fund 402 - - - 7,825 (7,825) - Underground Assessment District Construction 403 57,096 - 57,096 23,960 33,136 42.0% Water Fund 501 18,658,082 - 18,658,082 10,323,200 8,334,882 55.3% Storm Drain Fund 502 2,256,328 - 2,256,328 980,364 1,275,964 43.4% Sewer Fund 503 4,706,815 - 4,706,815 2,678,831 2,027,984 56.9% Parking Fund 520 6,283,427 - 6,283,427 2,839,884 3,443,543 45.2% County Parking Lots Fund 521 1,588,160 - 1,588,160 818,345 769,815 51.5% State Pier & Parking Lot Fund 522 1,161,785 - 1,161,785 514,279 647,506 44.3% Insurance Reserve Fund 601 10,116,300 - 10,116,300 5,062,239 5,054,061 50.0% Information Technology Fund 605 6,425,946 - 6,425,946 2,891,925 3,534,021 45.0% Fleet Management Fund 610 3,523,905 - 3,523,905 1,551,808 1,972,097 44.0% Building Maintenance & Operation Fund 615 2,991,842 - 2,991,842 1,268,040 1,723,802 42.4% Underground Assessment Fund 2018 Refunding 710 714,150 - 714,150 75,492 638,658 10.6% Underground Assessment Fund 19-12 & 19-14 711 606,106 - 606,106 251,332 354,774 41.5% Underground Assessment Fund 19-4 712 337,613 - 337,613 135,741 201,872 40.2% City Pension Fund 801 213,343 - 213,343 (1) 213,344 (0.0%) Section 115 Fund 804 100,000 - 100,000 233,571 (133,571) 233.6% $196,573,707 $63,662,943 $260,236,650 $96,208,865 $164,027,785 37.0% City of Manhattan Beach
Fiscal Year 2026 Citywide Revenues
As of December 31, 2025
Current Year Activity
% of Year
50.0%
Fund Original Budget Adjusted Available %
No. Budget Adjustments* Budget Actuals Encumbrances Budget Utilized** General Fund 100 $105,580,229 $5,866,068 $111,446,297 $53,461,077 $2,284,259 $55,700,961 50.0% Street Lighting & Landscaping Fund 201 675,465 - 675,465 160,542 - 514,923 23.8% Gas Tax Fund 205 2,262,690 4,858,190 7,120,880 873,210 408,361 5,839,309 18.0% Asset Forfeiture Fund 210 168,000 - 168,000 44,987 18,391 104,623 37.7% 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 - 1,431,253 339,600 - 1,091,653 23.7% Prop C Fund 231 685,664 7,552,737 8,238,401 35,655 159,912 8,042,834 2.4% AB 2766 Fund 232 673 262,139 262,812 336 - 262,476 0.1% Measure R Fund 233 379,753 2,912,301 3,292,054 27,477 259,009 3,005,569 8.7% Measure M Fund 234 1,534,832 19,286,232 20,821,064 681,186 16,548,517 3,591,361 82.8% Measure W Fund 240 4,107,744 27,650,949 31,758,693 493,108 1,611,875 29,653,710 6.6% Capital Improvements Fund 401 8,537,665 8,893,911 17,431,576 1,449,009 272,193 15,710,373 9.9% 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 8,202,875 1,459,624 17,593,077 35.5% Storm Drain Fund 502 2,657,941 3,897,757 6,555,698 680,337 1,208,073 4,667,288 28.8% Sewer Fund 503 5,998,920 17,593,351 23,592,271 2,569,240 12,940,481 8,082,550 65.7% Parking Fund 520 8,185,111 1,538,574 9,723,685 1,792,549 353,856 7,577,280 22.1% County Parking Lots Fund 521 1,188,011 23,109 1,211,120 191,951 22,782 996,387 17.7% State Pier & Parking Lot Fund 522 702,081 766,278 1,468,359 386,134 297,885 784,340 46.6% Insurance Reserve Fund 601 11,897,119 46,580 11,943,699 9,601,471 163,588 2,178,640 81.8% Information Technology Fund 605 6,549,112 518,392 7,067,504 2,628,163 1,133,771 3,305,570 53.2% Fleet Management Fund 610 4,306,751 477,995 4,784,746 794,488 160,492 3,829,765 20.0% Building Maintenance & Operation Fund 615 2,956,895 111,979 3,068,874 1,284,840 203,221 1,580,813 48.5% 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 - 213,115 106,366 - 106,749 49.9% Section 115 Fund 804 1,856,902 - 1,856,902 1,875,990 - (19,088) 101.0% $193,134,472 $117,877,064 $311,011,536 $89,048,965 $39,566,301 $182,396,269 41.4% *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 December 31, 2025
Current Year Activity
$4 $5 $6 $7
Percent of Year
50.0%
Major Revenue Accounts 2021 2022 2023 2024 2025 2026 Adj Budget Realized Property Taxes $12,078,002 $13,464,650 $14,462,440 $15,215,077 $15,979,057 16,900,970 $47,018,618 35.9% Sales & Use Tax* 4,757,818 5,014,311 5,743,065 5,857,302 3,715,005 4,463,255 11,440,000 39.0% Local Transaction and Use Tax - - - - - 1,303,006 5,943,000 21.9% Hotel Transient Occupancy Tax (TOT)* 2,528,456 2,535,995 3,547,030 3,956,908 3,286,172 3,229,741 7,682,000 42.0% Short Term Rental TOT* 5,450 - 52,870 503,055 689,797 551,351 1,367,000 40.3% Business License Tax 456,267 1,005,392 596,476 800,904 471,864 1,254,836 5,850,000 21.5% Real Estate Transfer Tax 466,293 767,356 301,369 301,434 418,442 429,453 850,000 50.5% Building Permits 914,454 794,962 874,424 1,189,887 1,210,350 1,242,522 2,557,433 48.6% Parking Citations 946,899 1,046,820 1,129,931 684,797 1,071,655 1,298,317 2,741,865 47.4% Interest Earnings 524,634 316,614 312,179 818,683 814,105 581,767 1,484,313 39.2% Building Plan Check Fees 1,068,218 1,083,939 881,853 931,824 1,154,048 2,297,105 2,000,000 114.9% Total Major Revenue Accounts $23,746,492 $26,030,040 $27,901,636 $30,259,870 $28,810,494 33,552,323 $88,934,229 37.7% Over/(Under) Prior Year 14,741,326 2,283,548 1,871,597 2,358,233 (1,449,376) 4,741,829 Percent Change From Prior Year 163.7% 9.6% 7.2% 8.5% (4.8%) 16.5% Other Revenues* 5,167,146 8,589,686 11,365,348 12,914,801 $12,525,859 $28,174,827 40,411,094 69.7% Total General Fund Revenues $28,913,638 $34,619,725 $39,266,984 $43,174,671 $41,336,353 $61,727,149 $129,345,323 47.7% * 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
December 31, 2025
$0 $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 $16,000,000 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
December 31, 2025
Fiscal Year 2026
Fiscal Year 2025
General Fund Major Revenue Sources
$3 $4 $5 $6 $7
Percent of Year
50.0%
-
City of Manhattan Beach
Fiscal Year 2026 General Fund Major Revenue Trends
December 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
$1,500,000
$3,000,000
$4,500,000
$6,000,000
2022 2023 2024 2025 2026
Sales & Use Tax*
$0
$4,000,000
$8,000,000
$12,000,000
$16,000,000
2022 2023 2024 2025 2026
Property Taxes
$0
$1,000,000
$2,000,000
$3,000,000
$4,000,000
2022 2023 2024 2025 2026
Hotel Transient Occupancy Tax
(TOT)*
$0
$300,000
$600,000
$900,000
$1,200,000
2022 2023 2024 2025 2026
Business License Tax
$0
$175,000
$350,000
$525,000
$700,000
2022 2023 2024 2025 2026
Real Estate Transfer Tax
$0
$300,000
$600,000
$900,000
$1,200,000
2022 2023 2024 2025 2026
Building Permits
$0
$250,000
$500,000
$750,000
$1,000,000
$1,250,000
2022 2023 2024 2025 2026
Parking Citations
$0
$200,000
$400,000
$600,000
$800,000
2022 2023 2024 2025 2026
Interest Earnings
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
2022 2023 2024 2025 2026
Building Plan Check Fees
$0
$150,000
$300,000
$450,000
$600,000
2022 2023 2024 2025 2026
Short Term Rental TOT*
$0
$300,000
$600,000
$900,000
$1,200,000
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. $ 28,298 100-21706 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. $ 1,679,497 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. $ 25,346 100-21407 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.
$ 48,017
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.
$ 63,808
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.). $ 674,131 100-21608 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.
$ 98,553
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. $ 9,012
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.
$ 290,443
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.
$ 105,507
100-21312 Verizon PEG Deposit 2007 Public, Education, and Governmental Access. MBtv (city government cablecast and webcast) capital expenditures, repairs and upgrades.
$ 196,133
Total $ 3,619,545
Balance Sheet Accounts
As of December 31, 2025