City of Manhattan Beach
Finance Department
Month End Report
July 2027
Fiscal Year 2026-2027
% of Year
8.3%
Adjusted Adjusted
Fund Budget YTD % Budget %
No. Revenues Revenues Realized Expenditures Expenditures Encumbrances Utilized* General Fund 100 $119,112,514 $7,849,270 6.6% $127,937,806 $9,656,735 $1,775,914 8.9% Street Lighting & Landscaping Fund 201 762,992 5,179 0.7% 762,992 35,022 - 4.6% Gas Tax Fund 205 2,199,897 203,205 9.2% 2,270,460 65,843 - 2.9% Asset Forfeiture Fund 210 78,600 9,527 12.1% 490,000 7,647 (1,032) 1.4% Police Safety Grants Fund 211 215,800 1,300 0.6% 275,000 - - - Grants Fund 220 - - - - - 12,556,686 -
Pr
op A Fund 230 934,271 5,094 0.5% 968,295 67,935 - 7.0% Prop C Fund 231 796,718 6,265 0.8% 390,542 - 145,090 37.2% AB 2766 Fund 232 54,500 1,265 2.3% 673 56 - 8.3% Measure R Fund 233 612,813 52,000 8.5% 131,690 2,626 - 2.0% Meas
ure M Fund 234 656,575 49,823 7.6% 421,801 4,498 12,545,221 2975.3% Measure W Fund 240 443,030 28,163 6.4% 328,888 50,707 14,677,102 4478.1% Capital Improvements Fund 401 6,110,400 133,003 2.2% 9,880,028 43,254 57,482 1.0% Bond Construction Fund 402 - 834 - - - - -
Underground Assessment District Construction 403 20,000 4,462 22.3% - - - - Water Fund 501 19,279,600 2,397,386 12.4% 23,986,225 477,850 659,103 4.7% Storm Drain Fund 502 2,340,410 46,444 2.0% 3,262,022 115,293 - 3.5% Sewer Fund 503 4,965,261 543,082 10.9% 4,568,876 188,442 1,922,918 46.2% Parking Fund 520 5,726,904 656,985 11.5% 5,304,010 190,691 316,286 9.6% County Parking Lots Fund 521 1,111,300 179,468 16.1% 1,109,999 43,084 - 3.9% State Pier & Parking Lot Fund 522 1,097,600 119,782 10.9% 1,010,534 52,126 - 5.2% I
nsurance Reserve Fund 601 17,734,758 927,895 5.2% 13,752,057 4,945,030 259,130 37.8% Information Technology Fund 605 6,417,231 483,796 7.5% 6,963,074 317,910 1,150,797 21.1% Fleet Management Fund 610 4,170,920 224,591 5.4% 4,351,892 214,374 287,350 11.5% Building Maintenance & Operation Fund 615 2,750,016 100,825 3.7% 2,747,892 152,364 69,029 8.1% Underground Assessment Fund 2018 Refunding 710 714,150 2,780 0.4% 509,250 - - - Underground Assessment Fund 19-12 & 19-14 711 606,106 9,574 1.6% 606,607 - - - Underground Assessment Fund 19-4 712 337,613 3,306 1.0% 333,443 - - - Ci
ty
Pension Fund 801 219,459 - - 219,459 12,753
Sec
tion 115 Fund 804 100,000 (62,065) (62.1%) - - - 5.8%
- -
$199,569,
438 $13,983,238 7.0% $212,583,515 $16,644,238 $46,421,077 29.7% *Includes Encumbered Amounts
Year-to-Date
Current Year Activity
City of Manhattan Beach
Fiscal Year 2027 Citywide Revenues and Expenditures
As of July 31, 2026
(Preliminary)
% of Year
8.3%
Fund Original Budget Adjusted Year-to-Date Unrealized % No. Budget Adjustments Budget Actuals Amount Realized
General Fund 100 $119,112,514 - $119,112,514 $7,849,270 $111,263,244 6.6% Street Lighting & Landscaping Fund 201 762,992 - 762,992 5,179 757,813 0.7% Gas Tax Fund 205 2,199,897 - 2,199,897 203,205 1,996,692 9.2% Asset Forfeiture Fund 210 78,600 - 78,600 9,527 69,073 12.1% Police Safety Grants Fund 211 215,800 - 215,800 1,300 214,500 0.6% Grants Fund 220 - - - - - -
Prop A Fund 230 934,271 - 934,271 5,094 929,177 0.5% Prop C Fund 231 796,718 - 796,718 6,265 790,453 0.8% AB 2766 Fund 232 54,500 - 54,500 1,265 53,235 2.3% Measure R Fund 233 612,813 - 612,813 52,000 560,813 8.5% Measure M Fund 234 656,575 - 656,575 49,823 606,752 7.6% M
easure W Fund 240 443,030 - 443,030 28,163 414,867 6.4% Capital Improvements Fund 401 6,110,400 - 6,110,400 133,003 5,977,397 2.2% Bond Construction Fund 402 - - - 834 (834) -
Underground Assessment District Construction 403 20,000 - 20,000 4,462 15,538 22.3% Water
Fund 501 19,279,600 - 19,279,600 2,397,386 16,882,214 12.4% Storm Drain Fund 502 2,340,410 - 2,340,410 46,444 2,293,966 2.0% Sewer Fund 503 4,965,261 - 4,965,261 543,082 4,422,179 10.9% Parking Fund 520 5,726,904 - 5,726,904 656,985 5,069,919 11.5% County Parking Lots Fund 521 1,111,300 - 1,111,300 179,468 931,832 16.1% State Pier & Parking Lot Fund 522 1,097,600 - 1,097,600 119,782 977,819 10.9% Insurance Reserve Fund 601 17,734,758 - 17,734,758 927,895 16,806,863 5.2% Information Technology Fund 605 6,417,231 - 6,417,231 483,796 5,933, 435 7.5% Fleet Management Fund 610 4,170,920 - 4,170,920 224,591 3,946,329 5.4% Building Maintenance & Operation Fund 615 2,750,016 - 2,750,016 100,825 2,649,191 3.7% Underground Assessment Fund 2018 Refunding 710 714,150 - 714,150 2,780 711,370 0.4% Underground Assessment Fund 19-12 & 19-14 711 606,106 - 606,106 9,574 596,532 1.6% Underground Assessment Fund 19-4 712 337,613 - 337,613 3,306 334,307 1.0% City Pension Fund 801 219,459 - 219,459 - 219,459 - Section 115 Fund 804 100,000 - 100,000 (62,065) 162,065 (62.1%) $199,569,438 $0 $199,569,438 $13,983,238 $185,586,200 7.0% Current Year Activity
City of Manhattan Beach
Fiscal Year 2027 Citywide Revenues
As of July 31, 2026
(Preliminary)
$5 $6 $7
Percent of Year
8.3%
$5 $6 $7 $8
Major Revenue Accounts 2022 2023 2024 2025 2026 2027 Adj Budget Realized Property Taxes $0 $0 $227 $0 $48 $1,065,970 $49,562,999 2.2% Sales & Use Tax* 810,878 903,609 1,087,863 - 367,476 1,173,688 11,995,000 9.8% Local Transaction and Use Tax - - - - (367,476) 569,996 6,654,000 8.6% Hotel Transient Occupancy Tax (TOT)* 424,420 374,609 567,511 9,412 - 870,263 7,882,200 11.0% Short Term Rental TOT* - - 59,662 15,062 292 231,323 1,375,000 16.8% Business License Tax 590,778 183,846 212,980 182,676 15,407 201,025 5,900,000 3.4% Real Estate Transfer Tax 99,788 - - - - 90,564 850,000 10.7% Building Permits 118,802 170,529 234,085 213,996 229,125 380,200 3,193,000 11.9% Parking Citations 195,593 30,585 20,074 14,282 27,872 345,268 2,742,000 12.6% Interest Earnings 63,707 (24,827) 268,141 267,282 190,598 394,283 1, 392,800 28.3% Building Plan Check Fees 131,989 179,695 149,540 300,437 208,422 856,225 3,066,000 27.9% Total Major Revenue Accounts $2,435,954 $1,818,046 $2,600,081 $1,003,148 $671,763 $6,178,806 $94,612,999 6.5% Over/(Under) Prior Year 642,521 (617,909) 782,035 (1,596,933) (331,385) 5,507,043 Percent Change From Prior Year 35.8% (25.4%) 43.0% (61.4%) (33.0%) 819.8% Other Revenues* 1,554,180 3,184,030 4,694,879 $3,787,955 $2,634,984 $1,670,464 24,499,515 6.8% Total General Fund Revenues $3,990,134 $5,002,076 $7,294,961 $4,791,104 $3,306,747 $7,849,270 $119,112,514 6.6% * 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.
FY 2027
Fiscal Year 2027 General Fund Major Revenue Trends
City of Manhattan Beach
July 31, 2026
(Preliminary - FY 2027 Includes Taxes to be Accrued to Prior Year) Year-To-Date Actuals
$0 $250,000 $500,000 $750,000 $1,000,000 $1,250,000
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
July 31, 2026
Fiscal Year 2027
Fiscal Year 2026
General Fund Major Revenue Sources
$3 $4 $5 $6 $7
Percent of Year
8.3%
-
City of Manhattan Beach
Fiscal Year 2027 General Fund Major Revenue Trends
* 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.
July Year-Over-Year
(Preliminary - FY 2027 Includes Taxes to be Accrued to Prior Year) $0
$300,000
$600,000
$900,000
$1,200,000
2024 2025 2026 2027Sales & Use Tax*
$0
$300,000
$600,000
$900,000
$1,200,000
2024 2025 2026 2027
Property Taxes
$0
$250,000
$500,000
$750,000
$1,000,000
2024 2025 2026 2027
Hotel Transient Occupancy Tax
(TOT)*
$0
$60,000
$120,000
$180,000
$240,000
2024 2025 2026 2027Business License Tax
$0
$25,000
$50,000
$75,000
$100,000
2024 2025 2026 2027Real Estate Transfer Tax
$0
$100,000
$200,000
$300,000
$400,000
2024 2025 2026 2027
Building Permits
$0
$25,000
$50,000
$75,000
$100,000
2024 2025 2026 2027Parking Citations
$0
$100,000
$200,000
$300,000
$400,000
2024 2025 2026 2027
Interest Earnings
$0
$250,000
$500,000
$750,000
$1,000,000
2024 2025 2026 2027Building Plan Check Fees
$0
$75,000
$150,000
$225,000
$300,000
2024 2025 2026 2027
Short Term Rental TOT*
$0
$150,000
$300,000
$450,000
$600,000
2024 2025 2026 2027
Local Transaction and Use Tax
% of Year
8.3%
Fund Original Budget Adjusted Available %
No. Budget Adjustments* Budget Actuals Encumbrances Budget Utilized** General Fund 100 $127,937,806 $0 $127,937,806 $9,656,735 $1,775,914 $116,505,157 8.9% Street Lighting & Landscaping Fund 201 762,992 - 762,992 35,022 - 727,970 4.6% Gas Tax Fund 205 2,270,460 - 2,270,460 65,843 - 2,204,617 2.9% Asset Forfeiture Fund 210 490,000 - 490,000 7,647 (1,032) 483,385 1.4% Police Safety Grants Fund 211 275,000 - 275,000 - - 275,000 - Grants Fund 220 - - - - 12,556,686 (12,556,686) - Prop A Fund 230 968,295 - 968,295 67,935 - 900,360 7.0% Prop C Fund 231 390,542 - 390,542 - 145,090 245,452 37.2% AB 2766 Fund 232 673 - 673 56 - 617 8.3% Measure R Fund 233 131,690 - 131,690 2,626 - 129,064 2.0% Measure M Fund 234 421,801 - 421,801 4,498 12,545,221 (12,127,918) 2975.3% Measure W Fund 240 328,888 - 328,888 50,707 14,677,102 (14,398,921) 4478.1% Capital Improvements Fund 401 9,880,028 - 9,880,028 43,254 57,482 9,779,292 1.0% Bond Construction Fund 402 - - - - - - - Underground Assessment District Construction 403 - - - - - - - Water Fund 501 23,986,225 - 23,986,225 477,850 659,103 22,849,272 4.7% Storm Drain Fund 502 3,262,022 - 3,262,022 115,293 - 3,146,729 3.5% Sewer Fund 503 4,568,876 - 4,568,876 188,442 1,922,918 2,457,516 46.2% Parking Fund 520 5,304,010 - 5,304,010 190,691 316,286 4,797,033 9.6% County Parking Lots Fund 521 1,109,999 - 1,109,999 43,084 - 1,066,915 3.9% State Pier & Parking Lot Fund 522 1,010,534 - 1,010,534 52,126 - 958,408 5.2% Insurance Reserve Fund 601 13,752,057 - 13,752,057 4,945,030 259,130 8,547,897 37.8% Information Technology Fund 605 6,963,074 - 6,963,074 317,910 1,150,797 5,494,368 21.1% Fleet Management Fund 610 4,351,892 - 4,351,892 214,374 287,350 3,850,168 11.5% Building Maintenance & Operation Fund 615 2,747,892 - 2,747,892 152,364 69,029 2,526,499 8.1% Underground Assessment Fund 2018 Refunding 710 509,250 - 509,250 - - 509,250 - Underground Assessment Fund 19-12 & 19-14 711 606,607 - 606,607 - - 606,607 - Underground Assessment Fund 19-4 712 333,443 - 333,443 - - 333,443 - City Pension Fund 801 219,459 - 219,459 12,753 - 206,706 5.8% Section 115 Fund 804 - - - - - - - $212,583,515 $0 $212,583,515 $16,644,238 $46,421,077 $149,518,200 29.7% *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 2027 Citywide Expenditures
As of July 31, 2026
Current Year Activity
(Preliminary)
% of Year
8.3%
Dept Original Budget Adjusted YTD YTD Available %
No. Budget Adjustments1 Budget Expenditures Encumbrances Budget Used Management Services 11 $5,568,145 $0 $5,568,145 $274,679 ($3,952) $5,297,419 4.9% Finance 12 5,106,284 - 5,106,284 401,571 168,734 4,535,979 11.2% Human Resources 13 2,919,442 - 2,919,442 157,608 25,325 2,736,509 6.3% Parks and Recreation 14 11,778,283 - 11,778,283 896,599 1,080,461 9,801,223 16.8% Police 15 45,146,134 - 45,146,134 4,133,898 212,994 40,799,241 9.6% Fire 16 22,451,668 - 22,451,668 2,371,181 2,330 20,078,157 10.6% Community Development 17 9,895,453 - 9,895,453 576,704 102,865 9,215,884 6.9% Public Works 18 13,801,709 - 13,801,709 844,496 187,157 12,770,056 7.5% Information Technology 19 - - - - - - - Non-Departmental ² 99 11,270,688 - 11,270,688 - - 11,270,688 - $127,937,806 $0 $127,937,806 $9,656,735 $1,775,914 $116,505,157 8.9% 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 2027 General Fund Expenditures by Department As of July 31, 2026
Current Year Activity
(Preliminary)
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. $ 35,598 100-21706 Recreation Sponsorships 2017 Sponsorship revenue/expenses for other programs. $ 44,362 802-21708 Public Arts Fund 2003 Funded through a portion of development fees. Used to fund Public Art. $ 1,654,112 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. $ 36,423 100-21407 Equipment Deposits 1997 Funded through donations. Used for Various Special Equipment. $ 16,725 100-21412 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 3% 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.
$ 70,075
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.). $ 740,337 100-21608 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.
$ 102,253
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. $ 10,099
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.
$ 138,449
100-21914 Energov Technology Replacement 2020 Funded through a fee of 13% 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.
$ 869,821
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.
$ 198,988
Total $ 4,294,334
Balance Sheet Accounts
As of July 31, 2026
(Preliminary)