FINAL PROPOSED
FY 2025-26 BUDGET
AGENDA
• Great Wolf Lodge Update
• Updates since Budget Study Session
• Citywide Budget Overview
• General Fund Budget Overview
• Budget Book Improvements
• Council Discussion
GREAT WOLF LODGE TOT UPDATE
• Life-to-Date collections: $19.8 million
• City net gain (life-to-date): ≈ $5.5 million
• Average annual City net gain: ≈ $1.4 million
• Developer net gain (life-to-date): ≈ $3.6 million
• Land purchase repayment remaining: 6 years
• Deferred fees repayment remaining: 16 years
• Remaining Deferred Fees owed: $7.2 million
Reclassifications:
BUDGET UPDATES - PERSONNEL
FTE
• Engineering
⚬ (-1) Engineering Technician
⚬ (+1) Associate Civil Engineer
• Fire
⚬ (-1) Assistant Fire Chief
⚬ (+2) Deputy Fire Chief
FTE:
Reclasses
• Water Resources
⚬ (1) Wastewater Plant Operator III to Lead
⚬ (1) Water Distribution Operator III to Lead
Total Personnel increased from $1.2M to $1.6M
BUDGET UPDATES - OTHER
Reduced Golf Fund Subsidy:
$1,659,347 $1,002,909
GF Deficit Increased:
($406,160) ($9,831)
Golf Fund
• Reserve requirement reduced to 15%
• General Fund subsidy reduced by $656k
• Golf Fund Study
General Fund
• Reduced CAO part-time budget
• Continued Citywide Class & Compensation Study
• Deficit reduced by $451k after subsidy reduction
and increased personnel adjustments
Citywide Surplus
$1 million
CITYWIDE BUDGET
OVERVIEW
Total Citywide Revenues - $312.6 to $311.9 Million
• Enterprise $92.7M to $92M
• General Fund $80.5M
• Capital Improvements $51.7M
• Special Revenue $56.8M
• Internal Service $23.7M
• Other Funds $7.2M
CITYWIDE REVENUES
BY FUND TYPE
CITYWIDE EXPENSES
BY FUND TYPE
Total Citywide Expenses - $311.2 to $310.9 Million
• Enterprise $94.5M
• General Fund $80.6M
• Special Revenue $54.4 to $54.5M
• Capital Improvements $51.3M
• Internal Service $22.9M
• Other Funds $7.1M
GENERAL FUND
REVENUES
Total General Fund Revenues - $80.5 Million
• NO CHANGES
GENERAL FUND EXPENSES
• Personnel
⚬ 3 to 4 New FTEs (CSO, Patrol Officers,
Deputy Fire Chiefs)
⚬ 3 Reclassification (HR Tech to HR Analyst,
Wastewater Plant Operator III to Lead, and
Water Distribution Operator III to Lead)
• Transfers Out
⚬ Reduced .8%
• Capital
⚬ No changes
Total General Fund Expenses - $80.8M to $80.5M
• Updated Department Summaries with
adjustments
• Updated Fund Tables with fund balances to
match ACFR
• 5-Year Forecasts
• Added additional details to meet GFOA
Distinguished Budget Presentation Award
• Website Link coming soon!
BUDGET BOOK IMPROVEMENTS
COUNCIL DISCUSSION
SUMMARY
• 8 new full-time positions
• 3 position reclassifications
• $65.1 million in capital
• Budget aligns with Goals & Priorities
• Balanced Budget
THANK
YOU
CONTACT US
(209) 456-8730
www.manteca.gov
1001 W. Center St. Manteca CA 95337
#TEAMMANTECA [email protected]