City of Manhattan Beach
Finance Department
Month End Report
January 2026
Fiscal Year 2025-2026
% of Year
58.3%
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 $2,978,342 $45,198 $2,505,744 54.7% Finance 12 5,014,140 73,391 5,087,531 3,203,163 176,236 1,708,133 66.4% Human Resources 13 2,438,873 26,459 2,465,332 1,372,727 25,325 1,067,280 56.7% Parks and Recreation 14 12,157,179 141,983 12,299,162 7,315,821 529,656 4,453,685 63.8% Police 15 40,371,162 3,531,306 43,902,468 26,961,918 397,483 16,543,068 62.3% Fire 16 18,591,849 791,836 19,383,685 12,121,618 2,168 7,259,899 62.5% Community Development 17 8,801,990 165,776 8,967,766 5,509,205 195,215 3,263,345 63.6% Public Works 18 12,720,950 1,090,120 13,811,070 6,474,050 789,090 6,547,930 52.6% Information Technology 19 - - - - - - - $105,580,229 $5,866,068 $111,446,297 $65,936,843 $2,160,371 $43,349,083 61.1% 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 January 31, 2026
Current Year Activity
% of Year
58.3%
Adjusted Adjusted
Fund Budget YTD % Budget %
No. Revenues Revenues Realized Expenditures Expenditures Encumbrances Utilized* General Fund 100 $129,345,323 $74,142,882 57.3% $111,446,297 $65,936,843 $2,160,371 61.1% Street Lighting & Landscaping Fund 201 391,003 215,667 55.2% 675,465 256,495 - 38.0% Gas Tax Fund 205 2,243,616 1,015,946 45.3% 7,120,880 907,923 403,339 18.4% Asset Forfeiture Fund 210 74,769 1,024,948 1370.8% 168,000 51,643 18,391 41.7% Police Safety Grants Fund 211 209,284 212,161 101.4% 311,680 105,124 50,872 50.0% Grants Fund 220 6,717,859 - - 6,717,859 - - - Prop A Fund 230 918,788 550,980 60.0% 1,431,253 429,896 - 30.0% Prop C Fund 231 7,719,179 474,484 6.1% 8,238,401 35,779 159,788 2.4% AB 2766 Fund 232 53,373 30,727 57.6% 262,812 392 - 0.1% Measure R Fund 233 1,451,576 341,125 23.5% 3,292,054 28,657 259,009 8.7% Measure M Fund 234 19,177,405 337,897 1.8% 20,821,064 1,031,022 16,209,576 82.8% Measure W Fund 240 31,087,773 439,720 1.4% 31,758,693 554,947 987,947 4.9% Capital Improvements Fund 401 1,105,804 788,340 71.3% 17,431,576 1,708,449 284,044 11.4% Bond Construction Fund 402 - 8,616 - 60 - - - Underground Assessment District Construction 403 57,096 28,193 49.4% 1,141,818 - 27,000 2.4% Water Fund 501 18,658,082 12,108,257 64.9% 27,255,575 9,615,181 1,409,651 40.4% Storm Drain Fund 502 2,256,328 1,197,165 53.1% 6,555,698 875,859 1,793,433 40.7% Sewer Fund 503 4,706,815 3,137,043 66.6% 23,592,271 2,925,504 12,876,812 67.0% Parking Fund 520 6,283,427 3,334,038 53.1% 9,723,685 2,021,628 353,856 24.4% County Parking Lots Fund 521 1,588,160 914,296 57.6% 1,211,120 247,347 22,782 22.3% State Pier & Parking Lot Fund 522 1,161,785 584,660 50.3% 1,468,359 458,311 297,885 51.5% Insurance Reserve Fund 601 10,116,300 5,855,281 57.9% 11,943,699 10,374,604 118,359 87.9% Information Technology Fund 605 6,425,946 3,376,688 52.5% 7,067,504 3,197,758 1,039,826 60.0% Fleet Management Fund 610 3,523,905 1,766,774 50.1% 4,784,746 1,684,329 108,603 37.5% Building Maintenance & Operation Fund 615 2,991,842 1,493,147 49.9% 3,068,874 1,616,243 199,603 59.2% Underground Assessment Fund 2018 Refunding 710 714,150 92,182 12.9% 509,025 489,475 - 96.2% Underground Assessment Fund 19-12 & 19-14 711 606,106 313,283 51.7% 604,907 500,478 - 82.7% Underground Assessment Fund 19-4 712 337,613 168,998 50.1% 338,143 280,038 - 82.8% City Pension Fund 801 213,343 (1) (0.0%) 213,115 122,054 - 57.3% Section 115 Fund 804 100,000 280,585 280.6% 1,856,902 1,875,990 - 101.0% $260,236,650 $114,234,081 43.9% $311,011,536 $107,331,970 $38,781,146 47.0% *Includes Encumbered Amounts
Year-to-Date
As of January 31, 2026
Fiscal Year 2026 Statement of Revenues & Expenditures
City of Manhattan Beach
Current Year Activity
% of Year
58.3%
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 $74,142,882 $55,202,440 57.3% Street Lighting & Landscaping Fund 201 391,003 - 391,003 215,667 175,336 55.2% Gas Tax Fund 205 2,098,759 144,857 2,243,616 1,015,946 1,227,670 45.3% Asset Forfeiture Fund 210 74,769 - 74,769 1,024,948 (950,179) 1370.8% Police Safety Grants Fund 211 209,284 - 209,284 212,161 (2,877) 101.4% Grants Fund 220 - 6,717,859 6,717,859 - 6,717,859 - Prop A Fund 230 918,788 - 918,788 550,980 367,808 60.0% Prop C Fund 231 777,139 6,942,040 7,719,179 474,484 7,244,695 6.1% AB 2766 Fund 232 53,373 - 53,373 30,727 22,646 57.6% Measure R Fund 233 610,433 841,143 1,451,576 341,125 1,110,451 23.5% Measure M Fund 234 654,628 18,522,777 19,177,405 337,897 18,839,508 1.8% Measure W Fund 240 4,519,201 26,568,572 31,087,773 439,720 30,648,053 1.4% Capital Improvements Fund 401 1,105,804 - 1,105,804 788,340 317,464 71.3% Bond Construction Fund 402 - - - 8,616 (8,616) - Underground Assessment District Construction 403 57,096 - 57,096 28,193 28,903 49.4% Water Fund 501 18,658,082 - 18,658,082 12,108,257 6,549,825 64.9% Storm Drain Fund 502 2,256,328 - 2,256,328 1,197,165 1,059,163 53.1% Sewer Fund 503 4,706,815 - 4,706,815 3,137,043 1,569,772 66.6% Parking Fund 520 6,283,427 - 6,283,427 3,334,038 2,949,389 53.1% County Parking Lots Fund 521 1,588,160 - 1,588,160 914,296 673,864 57.6% State Pier & Parking Lot Fund 522 1,161,785 - 1,161,785 584,660 577,125 50.3% Insurance Reserve Fund 601 10,116,300 - 10,116,300 5,855,281 4,261,019 57.9% Information Technology Fund 605 6,425,946 - 6,425,946 3,376,688 3,049,258 52.5% Fleet Management Fund 610 3,523,905 - 3,523,905 1,766,774 1,757,131 50.1% Building Maintenance & Operation Fund 615 2,991,842 - 2,991,842 1,493,147 1,498,695 49.9% Underground Assessment Fund 2018 Refunding 710 714,150 - 714,150 92,182 621,968 12.9% Underground Assessment Fund 19-12 & 19-14 711 606,106 - 606,106 313,283 292,823 51.7% Underground Assessment Fund 19-4 712 337,613 - 337,613 168,998 168,616 50.1% City Pension Fund 801 213,343 - 213,343 (1) 213,344 (0.0%) Section 115 Fund 804 100,000 - 100,000 280,585 (180,585) 280.6% $196,573,707 $63,662,943 $260,236,650 $114,234,081 $146,002,569 43.9% City of Manhattan Beach
Fiscal Year 2026 Citywide Revenues
As of January 31, 2026
Current Year Activity
% of Year
58.3%
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 $65,936,843 $2,160,371 $43,349,083 61.1% Street Lighting & Landscaping Fund 201 675,465 - 675,465 256,495 - 418,970 38.0% Gas Tax Fund 205 2,262,690 4,858,190 7,120,880 907,923 403,339 5,809,619 18.4% Asset Forfeiture Fund 210 168,000 - 168,000 51,643 18,391 97,966 41.7% Police Safety Grants Fund 211 220,000 91,680 311,680 105,124 50,872 155,685 50.0% Grants Fund 220 - 6,717,859 6,717,859 - - 6,717,859 - Prop A Fund 230 1,431,253 - 1,431,253 429,896 - 1,001,357 30.0% Prop C Fund 231 685,664 7,552,737 8,238,401 35,779 159,788 8,042,834 2.4% AB 2766 Fund 232 673 262,139 262,812 392 - 262,420 0.1% Measure R Fund 233 379,753 2,912,301 3,292,054 28,657 259,009 3,004,388 8.7% Measure M Fund 234 1,534,832 19,286,232 20,821,064 1,031,022 16,209,576 3,580,466 82.8% Measure W Fund 240 4,107,744 27,650,949 31,758,693 554,947 987,947 30,215,799 4.9% Capital Improvements Fund 401 8,537,665 8,893,911 17,431,576 1,708,449 284,044 15,439,083 11.4% 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 9,615,181 1,409,651 16,230,744 40.4% Storm Drain Fund 502 2,657,941 3,897,757 6,555,698 875,859 1,793,433 3,886,406 40.7% Sewer Fund 503 5,998,920 17,593,351 23,592,271 2,925,504 12,876,812 7,789,956 67.0% Parking Fund 520 8,185,111 1,538,574 9,723,685 2,021,628 353,856 7,348,201 24.4% County Parking Lots Fund 521 1,188,011 23,109 1,211,120 247,347 22,782 940,991 22.3% State Pier & Parking Lot Fund 522 702,081 766,278 1,468,359 458,311 297,885 712,163 51.5% Insurance Reserve Fund 601 11,897,119 46,580 11,943,699 10,374,604 118,359 1,450,736 87.9% Information Technology Fund 605 6,549,112 518,392 7,067,504 3,197,758 1,039,826 2,829,920 60.0% Fleet Management Fund 610 4,306,751 477,995 4,784,746 1,684,329 108,603 2,991,813 37.5% Building Maintenance & Operation Fund 615 2,956,895 111,979 3,068,874 1,616,243 199,603 1,253,028 59.2% 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 - 213,115 122,054 - 91,061 57.3% 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 $107,331,970 $38,781,146 $164,898,420 47.0% *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 January 31, 2026
Current Year Activity
$4 $5 $6 $7
Percent of Year
58.3%
Major Revenue Accounts 2021 2022 2023 2024 2025 2026 Adj Budget Realized Property Taxes $12,953,416 $19,514,592 $20,922,558 $21,982,501 $23,086,332 24,432,184 $47,018,618 52.0% Sales & Use Tax* 4,783,258 5,813,585 6,429,043 6,741,650 4,562,269 5,385,366 11,440,000 47.1% Local Transaction and Use Tax - - - - - 1,735,602 5,943,000 29.2% Hotel Transient Occupancy Tax (TOT)* 1,183,374 2,965,157 3,941,071 4,479,940 3,833,061 3,783,732 7,682,000 49.3% Short Term Rental TOT* - - 77,003 624,694 799,272 705,865 1,367,000 51.6% Business License Tax 817,415 1,031,426 630,814 841,423 539,214 1,281,787 5,850,000 21.9% Real Estate Transfer Tax 527,678 874,561 387,668 354,747 418,442 493,997 850,000 58.1% Building Permits 849,070 1,023,875 970,964 1,317,596 1,411,775 1,556,605 2,557,433 60.9% Parking Citations 981,665 1,172,769 1,356,247 792,622 1,283,813 1,456,369 2,741,865 53.1% Interest Earnings 521,227 348,423 494,330 1,039,311 1,079,034 901,004 1,484,313 60.7% Building Plan Check Fees 1,194,711 1,284,465 1,093,327 1,035,907 1,308,202 2,625,134 2,000,000 131.3% Total Major Revenue Accounts $23,811,812 $34,028,852 $36,303,025 $39,210,392 $38,321,413 44,357,643 $88,934,229 49.9% Over/(Under) Prior Year 14,806,646 10,217,040 2,274,173 2,907,367 (888,979) 6,036,230 Percent Change From Prior Year 164.4% 42.9% 6.7% 8.0% (2.3%) 15.8% Other Revenues* 5,101,826 10,006,395 12,458,665 14,752,320 $14,397,309 $29,785,239 40,411,094 73.7% Total General Fund Revenues $28,913,638 $44,035,247 $48,761,690 $53,962,712 $52,718,722 $74,142,882 $129,345,323 57.3% * 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
January 31, 2026
$0 $3,000,000 $6,000,000 $9,000,000 $12,000,000 $15,000,000 $18,000,000 $21,000,000 $24,000,000 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
January 31, 2026
Fiscal Year 2026
Fiscal Year 2025
General Fund Major Revenue Sources
$3 $4 $5 $6 $7
Percent of Year
58.3%
-
City of Manhattan Beach
Fiscal Year 2026 General Fund Major Revenue Trends
January 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
$6,000,000
$12,000,000
$18,000,000
$24,000,000
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
$200,000
$400,000
$600,000
$800,000
2022 2023 2024 2025 2026
Real Estate Transfer Tax
$0
$400,000
$800,000
$1,200,000
$1,600,000
2022 2023 2024 2025 2026
Building Permits
$0
$375,000
$750,000
$1,125,000
$1,500,000
2022 2023 2024 2025 2026
Parking Citations
$0
$300,000
$600,000
$900,000
$1,200,000
2022 2023 2024 2025 2026
Interest Earnings
$0
$700,000
$1,400,000
$2,100,000
$2,800,000
2022 2023 2024 2025 2026
Building Plan Check Fees
$0
$200,000
$400,000
$600,000
$800,000
2022 2023 2024 2025 2026
Short Term Rental TOT*
$0
$400,000
$800,000
$1,200,000
$1,600,000
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. $ 27,641 100-21706 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. $ 1,664,901 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. $ 24,419 100-21407 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.
$ 64,215
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.). $ 679,772 100-21608 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.
$ 100,048
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. $ 9,397
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.
$ 354,978
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 $ 3,675,827
Balance Sheet Accounts
As of January 31, 2026