City of Manhattan Beach
Finance Department
Month End Report
May 2026
Fiscal Year 2025-2026
% of Year
91.7%
Adjusted Adjusted
Fund Budget YTD % Budget %
No. Revenues Revenues Realized Expenditures Expenditures Encumbrances Utilized* General Fund 100 $131,368,457 $123,647,901 94.1% $122,690,641 $102,185,010 $1,827,697 84.8% Street Lighting & Landscaping Fund 201 533,696 392,916 73.6% 675,465 518,766 - 76.8% Gas Tax Fund 205 2,343,616 1,716,926 73.3% 7,220,880 351,214 224,974 8.0% Asset Forfeiture Fund 210 74,769 1,140,470 1525.3% 168,000 97,144 31,559 76.6% Police Safety Grants Fund 211 209,284 218,692 104.5% 311,680 311,240 - 99.9% Grants Fund 220 20,518,935 - - 20,518,935 - 13,471,566 65.7% Prop A Fund 230 918,788 889,880 96.9% 1,971,879 660,947 771,130 72.6% Prop C Fund 231 7,719,179 762,375 9.9% 8,238,401 738,024 147,575 10.7% AB 2766 Fund 232 53,373 46,026 86.2% 262,812 616 - 0.2% Measure R Fund 233 1,351,576 555,248 41.1% 3,192,054 37,284 272,734 9.7% Measure M Fund 234 19,177,405 549,642 2.9% 20,821,064 2,509,805 14,797,448 83.1% Measure W Fund 240 17,578,857 467,885 2.7% 18,545,464 634,861 17,052,191 95.4% Capital Improvements Fund 401 6,105,804 1,160,987 19.0% 17,617,741 1,941,361 867,672 15.9% Bond Construction Fund 402 - 11,816 - 60 - - - Underground Assessment District Construction 403 57,096 45,313 79.4% 1,141,818 - 27,000 2.4% Water Fund 501 18,658,082 18,498,546 99.1% 27,309,587 14,761,513 1,330,916 58.9% Storm Drain Fund 502 2,756,328 2,358,037 85.5% 6,297,361 1,357,428 2,654,068 63.7% Sewer Fund 503 4,706,815 4,828,699 102.6% 23,646,283 4,682,270 12,349,444 72.0% Parking Fund 520 6,733,427 5,222,073 77.6% 9,723,685 2,840,943 365,656 33.0% County Parking Lots Fund 521 1,588,160 1,322,456 83.3% 1,457,347 381,579 22,750 27.7% State Pier & Parking Lot Fund 522 1,161,785 940,216 80.9% 1,918,359 817,562 131,822 49.5% Insurance Reserve Fund 601 10,116,300 9,334,472 92.3% 12,968,699 13,608,445 42,796 105.3% Information Technology Fund 605 6,425,946 5,332,437 83.0% 7,067,504 4,529,607 886,794 76.6% Fleet Management Fund 610 3,523,905 2,801,131 79.5% 4,784,746 2,558,566 826,349 70.7% Building Maintenance & Operation Fund 615 2,991,842 2,324,521 77.7% 3,068,874 2,478,758 106,891 84.3% Underground Assessment Fund 2018 Refunding 710 714,150 169,912 23.8% 509,025 496,825 - 97.6% Underground Assessment Fund 19-12 & 19-14 711 606,106 609,221 100.5% 604,907 591,906 - 97.9% Underground Assessment Fund 19-4 712 337,613 325,994 96.6% 338,143 335,505 - 99.2% City Pension Fund 801 213,343 31,114 14.6% 213,115 191,958 - 90.1% Section 115 Fund 804 3,346,893 2,295,650 68.6% 1,856,902 1,856,902 - 100.0% $271,891,530 $188,000,558 69.1% $325,141,431 $161,476,038 $68,209,031 70.6% *Includes Encumbered Amounts
Year-to-Date
As of May 31, 2026
Fiscal Year 2026 Statement of Revenues & Expenditures
City of Manhattan Beach
Current Year Activity
% of Year
91.7%
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 $123,647,901 $7,720,555 94.1% Street Lighting & Landscaping Fund 201 391,003 142,693 533,696 392,916 140,780 73.6% Gas Tax Fund 205 2,098,759 244,857 2,343,616 1,716,926 626,690 73.3% Asset Forfeiture Fund 210 74,769 - 74,769 1,140,470 (1,065,701) 1525.3% Police Safety Grants Fund 211 209,284 - 209,284 218,692 (9,408) 104.5% Grants Fund 220 - 20,518,935 20,518,935 - 20,518,935 - Prop A Fund 230 918,788 - 918,788 889,880 28,908 96.9% Prop C Fund 231 777,139 6,942,040 7,719,179 762,375 6,956,804 9.9% AB 2766 Fund 232 53,373 - 53,373 46,026 7,347 86.2% Measure R Fund 233 610,433 741,143 1,351,576 555,248 796,329 41.1% Measure M Fund 234 654,628 18,522,777 19,177,405 549,642 18,627,763 2.9% Measure W Fund 240 4,519,201 13,059,656 17,578,857 467,885 17,110,972 2.7% Capital Improvements Fund 401 1,105,804 5,000,000 6,105,804 1,160,987 4,944,817 19.0% Bond Construction Fund 402 - - - 11,816 (11,816) - Underground Assessment District Construction 403 57,096 - 57,096 45,313 11,783 79.4% Water Fund 501 18,658,082 - 18,658,082 18,498,546 159,536 99.1% Storm Drain Fund 502 2,256,328 500,000 2,756,328 2,358,037 398,291 85.5% Sewer Fund 503 4,706,815 - 4,706,815 4,828,699 (121,884) 102.6% Parking Fund 520 6,283,427 450,000 6,733,427 5,222,073 1,511,354 77.6% County Parking Lots Fund 521 1,588,160 - 1,588,160 1,322,456 265,704 83.3% State Pier & Parking Lot Fund 522 1,161,785 - 1,161,785 940,216 221,569 80.9% Insurance Reserve Fund 601 10,116,300 - 10,116,300 9,334,472 781,828 92.3% Information Technology Fund 605 6,425,946 - 6,425,946 5,332,437 1,093,509 83.0% Fleet Management Fund 610 3,523,905 - 3,523,905 2,801,131 722,774 79.5% Building Maintenance & Operation Fund 615 2,991,842 - 2,991,842 2,324,521 667,321 77.7% Underground Assessment Fund 2018 Refunding 710 714,150 - 714,150 169,912 544,238 23.8% Underground Assessment Fund 19-12 & 19-14 711 606,106 - 606,106 609,221 (3,115) 100.5% Underground Assessment Fund 19-4 712 337,613 - 337,613 325,994 11,619 96.6% City Pension Fund 801 213,343 - 213,343 31,114 182,229 14.6% Section 115 Fund 804 100,000 3,246,893 3,346,893 2,295,650 1,051,243 68.6% $196,573,707 $75,317,823 $271,891,530 $188,000,558 $83,890,972 69.1% City of Manhattan Beach
Fiscal Year 2026 Citywide Revenues
As of May 31, 2026
Current Year Activity
% of Year
91.7%
Fund Original Budget Adjusted Available %
No. Budget Adjustments* Budget Actuals Encumbrances Budget Utilized** General Fund 100 $105,580,229 $17,110,412 $122,690,641 $102,185,010 $1,827,697 $18,677,934 84.8% Street Lighting & Landscaping Fund 201 675,465 - 675,465 518,766 - 156,699 76.8% 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 97,144 31,559 39,297 76.6% Police Safety Grants Fund 211 220,000 91,680 311,680 311,240 - 440 99.9% Grants Fund 220 - 20,518,935 20,518,935 - 13,471,566 7,047,369 65.7% Prop A Fund 230 1,431,253 540,626 1,971,879 660,947 771,130 539,802 72.6% Prop C Fund 231 685,664 7,552,737 8,238,401 738,024 147,575 7,352,802 10.7% AB 2766 Fund 232 673 262,139 262,812 616 - 262,196 0.2% Measure R Fund 233 379,753 2,812,301 3,192,054 37,284 272,734 2,882,037 9.7% Measure M Fund 234 1,534,832 19,286,232 20,821,064 2,509,805 14,797,448 3,513,812 83.1% Measure W Fund 240 4,107,744 14,437,720 18,545,464 634,861 17,052,191 858,412 95.4% Capital Improvements Fund 401 8,537,665 9,080,076 17,617,741 1,941,361 867,672 14,808,707 15.9% 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 7,723,116 27,309,587 14,761,513 1,330,916 11,217,158 58.9% Storm Drain Fund 502 2,657,941 3,639,420 6,297,361 1,357,428 2,654,068 2,285,865 63.7% Sewer Fund 503 5,998,920 17,647,363 23,646,283 4,682,270 12,349,444 6,614,569 72.0% Parking Fund 520 8,185,111 1,538,574 9,723,685 2,840,943 365,656 6,517,086 33.0% County Parking Lots Fund 521 1,188,011 269,336 1,457,347 381,579 22,750 1,053,018 27.7% State Pier & Parking Lot Fund 522 702,081 1,216,278 1,918,359 817,562 131,822 968,975 49.5% Insurance Reserve Fund 601 11,897,119 1,071,580 12,968,699 13,608,445 42,796 (682,542) 105.3% Information Technology Fund 605 6,549,112 518,392 7,067,504 4,529,607 886,794 1,651,104 76.6% Fleet Management Fund 610 4,306,751 477,995 4,784,746 2,558,566 826,349 1,399,831 70.7% Building Maintenance & Operation Fund 615 2,956,895 111,979 3,068,874 2,478,758 106,891 483,225 84.3% 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 - 338,143 335,505 - 2,638 99.2% City Pension Fund 801 213,115 - 213,115 191,958 - 21,157 90.1% Section 115 Fund 804 1,856,902 - 1,856,902 1,856,902 - - 100.0% $193,134,472 $132,006,959 $325,141,431 $161,476,038 $68,209,031 $95,456,362 70.6% *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 May 31, 2026
Current Year Activity
$4 $5 $6 $7
Percent of Year
91.7%
Major Revenue Accounts 2021 2022 2023 2024 2025 2026 Adj Budget Realized Property Taxes $35,875,913 $36,789,619 $39,786,639 $42,170,413 $44,042,128 45,924,516 $47,376,731 96.9% Sales & Use Tax* 7,210,806 9,457,392 10,134,998 10,557,372 8,670,956 8,809,042 11,440,000 77.0% Local Transaction and Use Tax - - - - - 5,059,980 6,448,000 78.5% Hotel Transient Occupancy Tax (TOT)* 1,845,902 4,893,669 5,700,578 6,775,915 5,884,678 6,310,893 7,682,000 82.2% Short Term Rental TOT* - - 217,971 1,108,042 1,325,202 1,284,126 1,367,000 93.9% Business License Tax 2,887,121 4,899,419 4,816,325 5,278,328 4,869,713 6,014,925 5,850,000 102.8% Real Estate Transfer Tax 957,017 1,066,884 495,552 578,633 805,972 839,997 850,000 98.8% Building Permits 1,354,991 1,756,905 1,510,193 2,166,334 2,182,566 2,620,849 2,557,433 102.5% Parking Citations 1,291,462 1,900,581 2,053,557 1,434,329 1,941,655 2,612,728 2,618,159 99.8% Interest Earnings 759,123 522,368 817,502 1,463,726 1,685,755 1,156,163 1,484,313 77.9% Building Plan Check Fees 1,818,641 1,897,275 1,529,224 1,620,170 2,085,221 3,558,205 3,500,000 101.7% Total Major Revenue Accounts $54,000,975 $63,184,113 $67,062,540 $73,153,261 $73,493,846 84,191,425 $91,173,636 92.3% Over/(Under) Prior Year 9,183,138 3,878,427 6,090,721 340,585 10,697,580 Percent Change From Prior Year 17.0% 6.1% 9.1% 0.5% 14.6% Other Revenues* 98,827,596 17,458,861 20,909,775 22,236,015 $23,024,583 $39,456,476 40,194,821 98.2% Total General Fund Revenues $152,828,571 $80,642,974 $87,972,315 $95,389,276 $96,518,429 $123,647,901 $131,368,457 94.1% * 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
May 31, 2026
$0 $7,500,000 $15,000,000 $22,500,000 $30,000,000 $37,500,000 $45,000,000 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
May 31, 2026
Fiscal Year 2026
Fiscal Year 2025
General Fund Major Revenue Sources
$3 $4 $5 $6 $7
Percent of Year
91.7%
-
City of Manhattan Beach
Fiscal Year 2026 General Fund Major Revenue Trends
May 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
$3,000,000
$6,000,000
$9,000,000
$12,000,000
2022 2023 2024 2025 2026
Sales & Use Tax*
$0
$12,000,000
$24,000,000
$36,000,000
$48,000,000
2022 2023 2024 2025 2026
Property Taxes
$0
$1,680,000
$3,360,000
$5,040,000
$6,720,000
2022 2023 2024 2025 2026
Hotel Transient Occupancy Tax
(TOT)*
$0
$1,550,000
$3,100,000
$4,650,000
$6,200,000
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
$700,000
$1,400,000
$2,100,000
$2,800,000
2022 2023 2024 2025 2026
Building Permits
$0
$700,000
$1,400,000
$2,100,000
$2,800,000
2022 2023 2024 2025 2026
Parking Citations
$0
$450,000
$900,000
$1,350,000
$1,800,000
2022 2023 2024 2025 2026
Interest Earnings
$0
$925,000
$1,850,000
$2,775,000
$3,700,000
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
$1,400,000
$2,800,000
$4,200,000
$5,600,000
2022 2023 2024 2025 2026
Local Transaction and Use Tax
% of Year
91.7%
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 $4,745,273 $49,150 $1,181,860 80.2% Finance 12 5,014,140 365,398 5,379,538 4,574,658 318,955 485,925 91.0% Human Resources 13 2,438,873 376,459 2,815,332 2,088,458 25,325 701,549 75.1% Parks and Recreation 14 12,157,179 69,983 12,227,162 10,835,326 287,370 1,104,465 91.0% Police 15 40,371,162 3,407,601 43,778,763 39,655,176 333,203 3,790,384 91.3% Fire 16 18,591,849 1,310,810 19,902,659 18,043,848 19,751 1,839,060 90.8% Community Development 17 8,801,990 1,275,776 10,077,766 8,548,552 150,576 1,378,637 86.3% Public Works 18 12,720,950 922,602 13,643,552 10,446,826 643,366 2,553,360 81.3% Information Technology 19 - - - - - - - Non-Departmental ² 99 - 8,889,586 8,889,586 3,246,893 - 5,642,693 - $105,580,229 $17,110,412 $122,690,641 $102,185,010 $1,827,697 $18,677,934 84.8% 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 May 31, 2026
Current Year Activity
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. $ 1,624,998 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. $ 37,621 100-21407 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.
$ 48,216
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.
$ 68,196
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.). $ 700,598 100-21608 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.
$ 102,422
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. $ 9,737
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.
$ 139,654
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.
$ 654,454
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.
$ 130,085
100-21312 Verizon PEG Deposit 2007 Public, Education, and Governmental Access. MBtv (city government cablecast and webcast) capital expenditures, repairs and upgrades.
$ 197,017
Total $ 4,000,732
Balance Sheet Accounts
As of May 31, 2026