City of Manhattan Beach
Finance Department
Month End Report
March 2026
Fiscal Year 2025-2026
% of Year
75.0%
Adjusted Adjusted
Fund Budget YTD % Budget %
No. Revenues Revenues Realized Expenditures Expenditures Encumbrances Utilized* General Fund 100 $131,368,457 $89,700,704 68.3% $122,665,916 $83,798,827 $1,774,587 69.8% Street Lighting & Landscaping Fund 201 533,696 251,771 47.2% 675,465 437,204 - 64.7% Gas Tax Fund 205 2,343,616 1,363,136 58.2% 7,220,880 349,338 224,974 8.0% Asset Forfeiture Fund 210 74,769 1,130,298 1511.7% 168,000 83,529 31,559 68.5% Police Safety Grants Fund 211 209,284 215,906 103.2% 311,680 165,240 - 53.0% Grants Fund 220 20,189,425 - - 20,189,425 - - - Prop A Fund 230 918,788 729,076 79.4% 1,431,253 528,591 230,504 53.0% Prop C Fund 231 7,719,179 626,427 8.1% 8,238,401 735,743 149,830 10.7% AB 2766 Fund 232 53,373 43,655 81.8% 262,812 504 - 0.2% Measure R Fund 233 1,351,576 460,923 34.1% 3,192,054 29,838 259,009 9.0% Measure M Fund 234 19,177,405 459,640 2.4% 20,821,064 1,599,487 15,683,691 83.0% Measure W Fund 240 17,578,857 447,535 2.5% 18,545,464 588,703 29,353,784 161.5% Capital Improvements Fund 401 6,105,804 966,382 15.8% 17,617,741 1,864,956 805,755 15.2% Bond Construction Fund 402 - 10,206 - 60 - - - Underground Assessment District Construction 403 57,096 36,700 64.3% 1,141,818 - 27,000 2.4% Water Fund 501 18,658,082 15,197,505 81.5% 27,255,575 12,859,705 1,363,837 52.2% Storm Drain Fund 502 2,756,328 1,589,067 57.7% 6,297,361 1,155,064 2,654,068 60.5% Sewer Fund 503 4,706,815 3,968,069 84.3% 23,592,271 4,221,747 12,190,545 69.6% Parking Fund 520 6,733,427 4,314,567 64.1% 9,723,685 2,555,738 286,610 29.2% County Parking Lots Fund 521 1,588,160 1,135,889 71.5% 1,457,347 301,916 22,782 22.3% State Pier & Parking Lot Fund 522 1,161,785 769,084 66.2% 1,918,359 726,471 131,896 44.7% Insurance Reserve Fund 601 10,116,300 7,446,783 73.6% 12,968,699 12,122,324 68,213 94.0% Information Technology Fund 605 6,425,946 4,362,911 67.9% 7,067,504 3,980,104 780,110 67.4% Fleet Management Fund 610 3,523,905 2,324,722 66.0% 4,784,746 2,133,928 244,835 49.7% Building Maintenance & Operation Fund 615 2,991,842 1,968,266 65.8% 3,068,874 2,055,087 145,343 71.7% Underground Assessment Fund 2018 Refunding 710 714,150 109,885 15.4% 509,025 496,825 - 97.6% Underground Assessment Fund 19-12 & 19-14 711 606,106 354,722 58.5% 604,907 591,906 - 97.9% Underground Assessment Fund 19-4 712 337,613 187,706 55.6% 338,143 333,425 - 98.6% City Pension Fund 801 213,343 (1) (0.0%) 213,115 153,315 - 71.9% Section 115 Fund 804 3,346,893 2,057,160 61.5% 1,856,902 1,856,902 - 100.0% $271,562,020 $142,228,692 52.4% $324,138,547 $135,726,418 $66,428,932 62.4% *Includes Encumbered Amounts
Year-to-Date
As of March 31, 2026
Fiscal Year 2026 Statement of Revenues & Expenditures
City of Manhattan Beach
Current Year Activity
% of Year
75.0%
Fund Original Budget Adjusted Year-to-Date Unrealized % No. Budget Adjustments Budget Actuals Amount Realized
General Fund 100 $125,419,628 5,948,829 $131,368,457 $89,700,704 $41,667,752 68.3% Street Lighting & Landscaping Fund 201 391,003 142,693 533,696 251,771 281,925 47.2% Gas Tax Fund 205 2,098,759 244,857 2,343,616 1,363,136 980,480 58.2% Asset Forfeiture Fund 210 74,769 - 74,769 1,130,298 (1,055,529) 1511.7% Police Safety Grants Fund 211 209,284 - 209,284 215,906 (6,622) 103.2% Grants Fund 220 - 20,189,425 20,189,425 - 20,189,425 - Prop A Fund 230 918,788 - 918,788 729,076 189,712 79.4% Prop C Fund 231 777,139 6,942,040 7,719,179 626,427 7,092,752 8.1% AB 2766 Fund 232 53,373 - 53,373 43,655 9,718 81.8% Measure R Fund 233 610,433 741,143 1,351,576 460,923 890,653 34.1% Measure M Fund 234 654,628 18,522,777 19,177,405 459,640 18,717,765 2.4% Measure W Fund 240 4,519,201 13,059,656 17,578,857 447,535 17,131,322 2.5% Capital Improvements Fund 401 1,105,804 5,000,000 6,105,804 966,382 5,139,422 15.8% Bond Construction Fund 402 - - - 10,206 (10,206) - Underground Assessment District Construction 403 57,096 - 57,096 36,700 20,396 64.3% Water Fund 501 18,658,082 - 18,658,082 15,197,505 3,460,577 81.5% Storm Drain Fund 502 2,256,328 500,000 2,756,328 1,589,067 1,167,261 57.7% Sewer Fund 503 4,706,815 - 4,706,815 3,968,069 738,746 84.3% Parking Fund 520 6,283,427 450,000 6,733,427 4,314,567 2,418,860 64.1% County Parking Lots Fund 521 1,588,160 - 1,588,160 1,135,889 452,271 71.5% State Pier & Parking Lot Fund 522 1,161,785 - 1,161,785 769,084 392,701 66.2% Insurance Reserve Fund 601 10,116,300 - 10,116,300 7,446,783 2,669,517 73.6% Information Technology Fund 605 6,425,946 - 6,425,946 4,362,911 2,063,035 67.9% Fleet Management Fund 610 3,523,905 - 3,523,905 2,324,722 1,199,183 66.0% Building Maintenance & Operation Fund 615 2,991,842 - 2,991,842 1,968,266 1,023,576 65.8% Underground Assessment Fund 2018 Refunding 710 714,150 - 714,150 109,885 604,265 15.4% Underground Assessment Fund 19-12 & 19-14 711 606,106 - 606,106 354,722 251,384 58.5% Underground Assessment Fund 19-4 712 337,613 - 337,613 187,706 149,907 55.6% City Pension Fund 801 213,343 - 213,343 (1) 213,344 (0.0%) Section 115 Fund 804 100,000 3,246,893 3,346,893 2,057,160 1,289,733 61.5% $196,573,707 $74,988,313 $271,562,020 $142,228,692 $129,333,328 52.4% City of Manhattan Beach
Fiscal Year 2026 Citywide Revenues
As of March 31, 2026
Current Year Activity
% of Year
75.0%
Fund Original Budget Adjusted Available %
No. Budget Adjustments* Budget Actuals Encumbrances Budget Utilized** General Fund 100 $105,580,229 $17,085,687 $122,665,916 $83,798,827 $1,774,587 $37,092,502 69.8% Street Lighting & Landscaping Fund 201 675,465 - 675,465 437,204 - 238,261 64.7% Gas Tax Fund 205 2,262,690 4,958,190 7,220,880 349,338 224,974 6,646,567 8.0% Asset Forfeiture Fund 210 168,000 - 168,000 83,529 31,559 52,912 68.5% Police Safety Grants Fund 211 220,000 91,680 311,680 165,240 - 146,440 53.0% Grants Fund 220 - 20,189,425 20,189,425 - - 20,189,425 - Prop A Fund 230 1,431,253 - 1,431,253 528,591 230,504 672,159 53.0% Prop C Fund 231 685,664 7,552,737 8,238,401 735,743 149,830 7,352,828 10.7% AB 2766 Fund 232 673 262,139 262,812 504 - 262,308 0.2% Measure R Fund 233 379,753 2,812,301 3,192,054 29,838 259,009 2,903,207 9.0% Measure M Fund 234 1,534,832 19,286,232 20,821,064 1,599,487 15,683,691 3,537,886 83.0% Measure W Fund 240 4,107,744 14,437,720 18,545,464 588,703 29,353,784 (11,397,024) 161.5% Capital Improvements Fund 401 8,537,665 9,080,076 17,617,741 1,864,956 805,755 14,947,029 15.2% 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 12,859,705 1,363,837 13,032,033 52.2% Storm Drain Fund 502 2,657,941 3,639,420 6,297,361 1,155,064 2,654,068 2,488,229 60.5% Sewer Fund 503 5,998,920 17,593,351 23,592,271 4,221,747 12,190,545 7,179,980 69.6% Parking Fund 520 8,185,111 1,538,574 9,723,685 2,555,738 286,610 6,881,337 29.2% County Parking Lots Fund 521 1,188,011 269,336 1,457,347 301,916 22,782 1,132,649 22.3% State Pier & Parking Lot Fund 522 702,081 1,216,278 1,918,359 726,471 131,896 1,059,992 44.7% Insurance Reserve Fund 601 11,897,119 1,071,580 12,968,699 12,122,324 68,213 778,162 94.0% Information Technology Fund 605 6,549,112 518,392 7,067,504 3,980,104 780,110 2,307,290 67.4% Fleet Management Fund 610 4,306,751 477,995 4,784,746 2,133,928 244,835 2,405,982 49.7% Building Maintenance & Operation Fund 615 2,956,895 111,979 3,068,874 2,055,087 145,343 868,444 71.7% Underground Assessment Fund 2018 Refunding 710 509,025 - 509,025 496,825 - 12,200 97.6% Underground Assessment Fund 19-12 & 19-14 711 604,907 - 604,907 591,906 - 13,001 97.9% Underground Assessment Fund 19-4 712 338,143 - 338,143 333,425 - 4,718 98.6% City Pension Fund 801 213,115 - 213,115 153,315 - 59,800 71.9% Section 115 Fund 804 1,856,902 - 1,856,902 1,856,902 - - 100.0% $193,134,472 $131,004,075 $324,138,547 $135,726,418 $66,428,932 $121,983,197 62.4% *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 March 31, 2026
Current Year Activity
% of Year
75.0%
Dept Original Budget Adjusted YTD YTD Available %
No. Budget Adjustments1 Budget Expenditures Encumbrances Budget Used Management Services 11 $5,484,086 $492,198 $5,976,284 $3,937,498 $45,198 $1,993,588 66.6% Finance 12 5,014,140 340,673 5,354,813 3,691,158 174,436 1,489,219 72.2% Human Resources 13 2,438,873 376,459 2,815,332 1,660,737 25,325 1,129,270 59.9% Parks and Recreation 14 12,157,179 69,983 12,227,162 9,125,379 288,990 2,812,792 77.0% Police 15 40,371,162 3,407,601 43,778,763 32,888,957 431,760 10,458,046 76.1% Fire 16 18,591,849 1,310,810 19,902,659 14,898,607 788 5,003,264 74.9% Community Development 17 8,801,990 1,275,776 10,077,766 7,019,636 162,681 2,895,449 71.3% Public Works 18 12,720,950 922,602 13,643,552 8,719,952 645,408 4,278,192 68.6% Information Technology 19 - - - - - - - Non-Departmental ² 99 - 8,889,586 8,889,586 1,856,902 - 7,032,684 - $105,580,229 $17,085,687 $122,665,916 $83,798,827 $1,774,587 $37,092,502 69.8% ¹ Budget Adjustments include City Council-approved adjustments during the current year and encumbrances carried forward from the prior year. ² Non-Departmental expenditures reflect transfers out to other Funds. Reclassification of Transfers was established during FY 2026 Mid-Year update.
City of Manhattan Beach
Fiscal Year 2026 General Fund Expenditures by Department As of March 31, 2026
Current Year Activity
$4 $5 $6 $7
Percent of Year
75.0%
Major Revenue Accounts 2021 2022 2023 2024 2025 2026 Adj Budget Realized Property Taxes $20,261,524 $21,339,126 $23,010,718 $23,942,775 $25,042,981 26,132,772 $47,376,731 55.2% Sales & Use Tax* 5,815,740 7,767,456 8,356,391 8,599,628 6,517,150 7,671,558 11,440,000 67.1% Local Transaction and Use Tax - - - - - 3,173,129 6,448,000 49.2% Hotel Transient Occupancy Tax (TOT)* 1,324,542 3,852,232 4,699,926 5,567,415 4,638,427 4,988,384 7,682,000 64.9% Short Term Rental TOT* - - 131,638 815,666 1,291,375 984,437 1,367,000 72.0% Business License Tax 1,885,110 2,655,398 2,248,132 2,450,138 3,128,693 3,150,348 5,850,000 53.9% Real Estate Transfer Tax 669,075 923,107 453,420 440,222 549,731 612,868 850,000 72.1% Building Permits 1,091,710 1,407,719 1,239,931 1,544,722 1,804,913 2,010,495 2,557,433 78.6% Parking Citations 1,014,780 1,390,771 1,716,704 1,095,821 1,548,025 1,977,333 2,618,159 75.5% Interest Earnings 666,215 494,478 610,855 1,227,971 1,275,091 1,021,251 1,484,313 68.8% Building Plan Check Fees 1,581,912 1,629,664 1,299,156 1,348,127 1,718,812 3,097,112 3,500,000 88.5% Total Major Revenue Accounts $34,310,608 $41,459,951 $43,766,872 $47,032,486 $47,515,198 54,819,686 $91,173,636 60.1% Over/(Under) Prior Year 7,149,343 2,306,922 3,265,614 482,712 7,304,488 Percent Change From Prior Year 20.8% 5.6% 7.5% 1.0% 15.4% Other Revenues* 10,028,052 13,716,513 16,291,038 17,969,821 $18,304,846 $34,881,018 40,194,821 86.8% Total General Fund Revenues $44,338,660 $55,176,463 $60,057,911 $65,002,307 $65,820,044 $89,700,704 $131,368,457 68.3% * 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
March 31, 2026
$0 $5,500,000 $11,000,000 $16,500,000 $22,000,000 $27,500,000 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
March 31, 2026
Fiscal Year 2026
Fiscal Year 2025
General Fund Major Revenue Sources
$3 $4 $5 $6 $7
Percent of Year
75.0%
-
City of Manhattan Beach
Fiscal Year 2026 General Fund Major Revenue Trends
March 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
$2,500,000
$5,000,000
$7,500,000
$10,000,000
2022 2023 2024 2025 2026
Sales & Use Tax*
$0
$7,000,000
$14,000,000
$21,000,000
$28,000,000
2022 2023 2024 2025 2026
Property Taxes
$0
$1,500,000
$3,000,000
$4,500,000
$6,000,000
2022 2023 2024 2025 2026
Hotel Transient Occupancy Tax
(TOT)*
$0
$800,000
$1,600,000
$2,400,000
$3,200,000
2022 2023 2024 2025 2026
Business License Tax
$0
$250,000
$500,000
$750,000
$1,000,000
2022 2023 2024 2025 2026
Real Estate Transfer Tax
$0
$550,000
$1,100,000
$1,650,000
$2,200,000
2022 2023 2024 2025 2026
Building Permits
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
2022 2023 2024 2025 2026
Parking Citations
$0
$325,000
$650,000
$975,000
$1,300,000
2022 2023 2024 2025 2026
Interest Earnings
$0
$800,000
$1,600,000
$2,400,000
$3,200,000
2022 2023 2024 2025 2026
Building Plan Check Fees
$0
$350,000
$700,000
$1,050,000
$1,400,000
2022 2023 2024 2025 2026
Short Term Rental TOT*
$0
$850,000
$1,700,000
$2,550,000
$3,400,000
2022 2023 2024 2025 2026Local 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. $ 27,422 100-21706 Recreation Sponsorships 2017 Sponsorship revenue/expenses for other programs. $ 35,862 802-21708 Public Arts Fund 2003 Funded through a portion of development fees. Used to fund Public Art. $ 1,635,203 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. $ 36,246 100-21407 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.
$ 48,178
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.
$ 66,375
Community Development
100-21602Tree 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.). $ 687,906 100-21608 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.
$ 102,121
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. $ 9,931
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.
$ 484,535
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.
$ 118,362
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 $ 3,813,324
Balance Sheet Accounts
As of March 31, 2026