City of Manhattan Beach
Finance Department
Month End Report
April 2026
Fiscal Year 2025-2026
% of Year
83.3%
Adjusted Adjusted
Fund Budget YTD % Budget %
No. Revenues Revenues Realized Expenditures Expenditures Encumbrances Utilized* General Fund 100 $131,368,457 $109,474,429 83.3% $122,665,916 $90,917,591 $1,815,769 75.6% Street Lighting & Landscaping Fund 201 533,696 347,168 65.0% 675,465 447,111 - 66.2% Gas Tax Fund 205 2,343,616 1,531,785 65.4% 7,220,880 351,214 224,974 8.0% Asset Forfeiture Fund 210 74,769 1,136,443 1519.9% 168,000 90,377 31,559 72.6% Police Safety Grants Fund 211 209,284 217,427 103.9% 311,680 311,240 - 99.9% Grants Fund 220 20,189,425 - - 20,189,425 - 13,397,348 66.4% Prop A Fund 230 918,788 794,643 86.5% 1,431,253 578,449 230,504 56.5% Prop C Fund 231 7,719,179 681,946 8.8% 8,238,401 736,403 149,170 10.7% AB 2766 Fund 232 53,373 44,830 84.0% 262,812 560 - 0.2% Measure R Fund 233 1,351,576 510,225 37.8% 3,192,054 29,986 259,009 9.1% Measure M Fund 234 19,177,405 507,214 2.6% 20,821,064 1,794,481 15,510,095 83.1% Measure W Fund 240 17,578,857 451,334 2.6% 18,545,464 613,175 17,052,191 95.3% Capital Improvements Fund 401 6,105,804 1,061,180 17.4% 17,617,741 1,921,271 777,672 15.3% Bond Construction Fund 402 - 11,004 - 60 - - - Underground Assessment District Construction 403 57,096 40,970 71.8% 1,141,818 - 27,000 2.4% Water Fund 501 18,658,082 16,378,348 87.8% 27,255,575 13,373,812 1,389,301 54.2% Storm Drain Fund 502 2,756,328 2,116,854 76.8% 6,297,361 1,244,734 2,654,068 61.9% Sewer Fund 503 4,706,815 4,325,519 91.9% 23,592,271 4,418,597 12,153,885 70.2% Parking Fund 520 6,733,427 4,775,189 70.9% 9,723,685 2,667,920 285,656 30.4% County Parking Lots Fund 521 1,588,160 1,233,951 77.7% 1,457,347 354,786 22,750 25.9% State Pier & Parking Lot Fund 522 1,161,785 865,012 74.5% 1,918,359 750,043 131,822 46.0% Insurance Reserve Fund 601 10,116,300 8,539,808 84.4% 12,968,699 12,889,897 43,140 99.7% Information Technology Fund 605 6,425,946 4,847,674 75.4% 7,067,504 4,192,626 836,279 71.2% Fleet Management Fund 610 3,523,905 2,522,180 71.6% 4,784,746 2,341,483 715,348 63.9% Building Maintenance & Operation Fund 615 2,991,842 2,122,716 71.0% 3,068,874 2,218,631 113,301 76.0% Underground Assessment Fund 2018 Refunding 710 714,150 151,248 21.2% 509,025 496,825 - 97.6% Underground Assessment Fund 19-12 & 19-14 711 606,106 528,637 87.2% 604,907 591,906 - 97.9% Underground Assessment Fund 19-4 712 337,613 285,129 84.5% 338,143 333,425 - 98.6% City Pension Fund 801 213,343 (1) (0.0%) 213,115 168,772 - 79.2% Section 115 Fund 804 3,346,893 2,201,643 65.8% 1,856,902 1,856,902 - 100.0% $271,562,020 $167,704,508 61.8% $324,138,547 $145,692,215 $67,820,841 65.9% *Includes Encumbered Amounts
Year-to-Date
As of April 30, 2026
Fiscal Year 2026 Statement of Revenues & Expenditures
City of Manhattan Beach
Current Year Activity
% of Year
83.3%
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 $109,474,429 $21,894,027 83.3% Street Lighting & Landscaping Fund 201 391,003 142,693 533,696 347,168 186,528 65.0% Gas Tax Fund 205 2,098,759 244,857 2,343,616 1,531,785 811,832 65.4% Asset Forfeiture Fund 210 74,769 - 74,769 1,136,443 (1,061,674) 1519.9% Police Safety Grants Fund 211 209,284 - 209,284 217,427 (8,143) 103.9% Grants Fund 220 - 20,189,425 20,189,425 - 20,189,425 - Prop A Fund 230 918,788 - 918,788 794,643 124,145 86.5% Prop C Fund 231 777,139 6,942,040 7,719,179 681,946 7,037,233 8.8% AB 2766 Fund 232 53,373 - 53,373 44,830 8,543 84.0% Measure R Fund 233 610,433 741,143 1,351,576 510,225 841,351 37.8% Measure M Fund 234 654,628 18,522,777 19,177,405 507,214 18,670,191 2.6% Measure W Fund 240 4,519,201 13,059,656 17,578,857 451,334 17,127,523 2.6% Capital Improvements Fund 401 1,105,804 5,000,000 6,105,804 1,061,180 5,044,624 17.4% Bond Construction Fund 402 - - - 11,004 (11,004) - Underground Assessment District Construction 403 57,096 - 57,096 40,970 16,126 71.8% Water Fund 501 18,658,082 - 18,658,082 16,378,348 2,279,734 87.8% Storm Drain Fund 502 2,256,328 500,000 2,756,328 2,116,854 639,474 76.8% Sewer Fund 503 4,706,815 - 4,706,815 4,325,519 381,296 91.9% Parking Fund 520 6,283,427 450,000 6,733,427 4,775,189 1,958,238 70.9% County Parking Lots Fund 521 1,588,160 - 1,588,160 1,233,951 354,209 77.7% State Pier & Parking Lot Fund 522 1,161,785 - 1,161,785 865,012 296,773 74.5% Insurance Reserve Fund 601 10,116,300 - 10,116,300 8,539,808 1,576,492 84.4% Information Technology Fund 605 6,425,946 - 6,425,946 4,847,674 1,578,272 75.4% Fleet Management Fund 610 3,523,905 - 3,523,905 2,522,180 1,001,725 71.6% Building Maintenance & Operation Fund 615 2,991,842 - 2,991,842 2,122,716 869,126 71.0% Underground Assessment Fund 2018 Refunding 710 714,150 - 714,150 151,248 562,902 21.2% Underground Assessment Fund 19-12 & 19-14 711 606,106 - 606,106 528,637 77,469 87.2% Underground Assessment Fund 19-4 712 337,613 - 337,613 285,129 52,484 84.5% 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 2,201,643 1,145,250 65.8% $196,573,707 $74,988,313 $271,562,020 $167,704,508 $103,857,512 61.8% City of Manhattan Beach
Fiscal Year 2026 Citywide Revenues
As of April 30, 2026
Current Year Activity
% of Year
83.3%
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 $4,214,024 $45,198 $1,717,062 71.3% Finance 12 5,014,140 340,673 5,354,813 4,105,294 190,461 1,059,058 80.2% Human Resources 13 2,438,873 376,459 2,815,332 1,838,971 25,325 951,036 66.2% Parks and Recreation 14 12,157,179 69,983 12,227,162 9,878,999 288,450 2,059,712 83.2% Police 15 40,371,162 3,407,601 43,778,763 35,730,674 359,924 7,688,165 82.4% Fire 16 18,591,849 1,310,810 19,902,659 16,284,980 19,751 3,597,928 81.9% Community Development 17 8,801,990 1,275,776 10,077,766 7,646,550 242,344 2,188,872 78.3% Public Works 18 12,720,950 922,602 13,643,552 9,361,196 644,316 3,638,040 73.3% 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 $90,917,591 $1,815,769 $29,932,557 75.6% 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 April 30, 2026
Current Year Activity
% of Year
83.3%
Fund Original Budget Adjusted Available %
No. Budget Adjustments* Budget Actua ls Encumbrances Budget Ut ilized** General Fund 100 $105,580,229 $17,085,687 $122,665,916 $90,917,591 $1,815,769 $29,932,557 75.6% Street Lighting & Landscaping Fund 201 675,465 - 675,465 447,111 - 228,354 66.2% Gas Tax Fund 205 2,262,690 4,958,190 7,220,880 351,214 224,974 6,644,692 8.0% Asset Forfeiture Fund 210 168,000 - 168,000 90,377 31,559 46,064 72.6% Police Safety Grants Fund 211 220,000 91,680 311,680 311,240 - 440 99.9% Grants Fund 220 - 20,189,425 20,189,425 - 13,397,348 6,792,077 66.4% Prop A Fund 230 1,431,253 - 1,431,253 578,449 230,504 622,301 56.5% Prop C Fund 231 685,664 7,552,737 8,238,401 736,403 149,170 7,352,828 10.7% AB 2766 Fund 232 673 262,139 262,812 560 - 262,252 0.2% Measure R Fund 233 379,753 2,812,301 3,192,054 29,986 259,009 2,903,060 9.1% Measure M Fund 234 1,534,832 19,286,232 20,821,064 1,794,481 15,510,095 3,516,488 83.1% Measure W Fund 240 4,107,744 14,437,720 18,545,464 613,175 17,052,191 1,493,272 95.3% Capital Improvements Fund 401 8,537,665 9,080,076 17,617,741 1,921,271 777,672 14,918,798 15.3% 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 13,373,812 1,389,301 12,492,463 54.2% Storm Drain Fund 502 2,657,941 3,639,420 6,297,361 1,244,734 2,654,068 2,398,560 61.9% Sewer Fund 503 5,998,920 17,593,351 23,592,271 4,418,597 12,153,885 7,019,789 70.2% Parking Fund 520 8,185,111 1,538,574 9,723,685 2,667,920 285,656 6,770,109 30.4% County Parking Lots Fund 521 1,188,011 269,336 1,457,347 354,786 22,750 1,079,810 25.9% State Pier & Parking Lot Fund 522 702,081 1,216,278 1,918,359 750,043 131,822 1,036,494 46.0% Insurance Reserve Fund 601 11,897,119 1,071,580 12,968,699 12,889,897 43,140 35,662 99.7% Information Technology Fund 605 6,549,112 518,392 7,067,504 4,192,626 836,279 2,038,599 71.2% Fleet Management Fund 610 4,306,751 477,995 4,784,746 2,341,483 715,348 1,727,915 63.9% Building Maintenance & Operation Fund 615 2,956,895 111,979 3,068,874 2,218,631 113,301 736,942 76.0% 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 - 213,115 168,772 - 44,343 79.2% Section 115 Fund 804 1,856,902 - 1,856,902 1,856,902 - - 100.0% $193,134,472 $131,004,075 $324,138,547 $145,692,215 $67,820,841 $111,238,666 65.9% *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 April 30, 2026
Current Year Activity
$4 $5 $6 $7
Percent of Year
83.3%
Major Revenue Accounts 2021 2022 2023 2024 2025 2026 Adj Budget Realized Property Taxes $29,619,573 $30,904,803 $32,969,326 $34,684,518 $36,603,085 38,538,810 $47,376,731 81.3% Sales & Use Tax* 6,467,650 8,347,199 9,023,876 9,398,204 7,303,320 8,465,848 11,440,000 74.0% Local Transaction and Use Tax - - - - - 3,529,772 6,448,000 54.7% Hotel Transient Occupancy Tax (TOT)* 1,605,033 4,398,130 5,255,117 6,180,536 5,429,206 5,656,979 7,682,000 73.6% Short Term Rental TOT* - - 171,862 993,016 1,259,941 1,106,064 1,367,000 80.9% Business License Tax 2,307,770 4,350,917 3,918,317 3,837,721 4,280,297 4,475,483 5,850,000 76.5% Real Estate Transfer Tax 733,379 1,066,884 453,420 440,222 727,019 731,201 850,000 86.0% Building Permits 1,231,939 1,574,559 1,343,943 1,840,973 1,983,087 2,271,001 2,557,433 88.8% Parking Citations 1,100,187 1,679,238 1,857,915 1,273,891 1,746,148 2,297,153 2,618,159 87.7% Interest Earnings 771,459 556,518 818,975 1,426,460 1,602,205 1,275,112 1,484,313 85.9% Building Plan Check Fees 1,702,313 1,820,395 1,411,301 1,506,603 1,895,134 3,388,965 3,500,000 96.8% Total Major Revenue Accounts $45,539,302 $54,698,643 $57,224,052 $61,582,144 $62,829,440 71,736,388 $91,173,636 78.7% Over/(Under) Prior Year 9,159,341 2,525,408 4,358,092 1,247,296 8,906,948 Percent Change From Prior Year 20.1% 4.6% 7.6% 2.0% 14.2% Other Revenues* (1,200,642) 15,772,020 18,751,649 20,136,176 $21,273,642 $37,738,041 40,194,821 93.9% Total General Fund Revenues $44,338,660 $70,470,663 $75,975,700 $81,718,320 $84,103,082 $109,474,429 $131,368,457 83.3% * 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
April 30, 2026
$0 $6,000,000 $12,000,000 $18,000,000 $24,000,000 $30,000,000 $36,000,000 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
April 30, 2026
Fiscal Year 2026
Fiscal Year 2025
General Fund Major Revenue Sources
$3 $4 $5 $6 $7
Percent of Year
83.3%
-
City of Manhattan Beach
Fiscal Year 2026 General Fund Major Revenue Trends
April Year-Over-Year
* Accounting methodology change starting FY 2025 results in variances across key revenues. During Quarter 1, prior year revenu es 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
$10,000,000
$20,000,000
$30,000,000
$40,000,000
2022 2023 2024 2025 2026
Property Taxes
$0
$1,700,000
$3,400,000
$5,100,000
$6,800,000
2022 2023 2024 2025 2026
Hotel Transient Occupancy Tax
(TOT)*
$0
$1,200,000
$2,400,000
$3,600,000
$4,800,000
2022 2023 2024 2025 2026
Business License Tax
$0
$300,000
$600,000
$900,000
$1,200,000
2022 2023 2024 2025 2026
Real Estate Transfer Tax
$0
$600,000
$1,200,000
$1,800,000
$2,400,000
2022 2023 2024 2025 2026
Building Permits
$0
$600,000
$1,200,000
$1,800,000
$2,400,000
2022 2023 2024 2025 2026Parking Citations
$0
$425,000
$850,000
$1,275,000
$1,700,000
2022 2023 2024 2025 2026
Interest Earnings
$0
$900,000
$1,800,000
$2,700,000
$3,600,000
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
$900,000
$1,800,000
$2,700,000
$3,600,000
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. $ 27,204 100-21706 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. $ 1,628,476 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 fo r Victims Assistance programs. $ 3,423 100-21411 Every 15 Minutes Deposits 1998 Funded through donations. Every 15 Minutes Program. In conjunction with Mira Costa (MBUS D). $ 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 fo r 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 matt resses, 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 techn ology 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.
$ 67,662
Community Development
100-21602 Tree Penalties for Ill egal Removal 2018 Fines for illegally re moved trees for the planting of new trees. $ 79,3 05 100-21601 General Plan Maintenance 2010 Surcharge ta ken from permits to fund updates for General Plan (i.e., Mobility Plan, Housing Element, Land Use, etc.). $ 693,240 100-21608 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.
$ 103,153
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 identifi ed 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. $ 10,226
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 i s to recover the cost associated with replacement of existing system, upgrades to the existing and new system, and maintenance costs associated with the system.
$ 560,516
Information Technology
100-21311 Time Warner PEG Deposit 1997 Public, Education, and Governmental Access. MBtv (city government cablecast and webcast) c apital expenditures, repairs and upgrades.
$ 118,362
100-21312 Verizon PEG Deposit 2007 Public, Education, and Governmental Access. MBtv (city government cablecast and webcast) capit al expenditures, repairs and upgrades.
$ 196,133
Total $ 3,890,305
Balance Sheet Accounts
As of April 30, 2026