Fiscal Year 2024/25 Second Quarter Budget Summary of Major Funds FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
12/31/2024
% of Budget
Used thru
12/31/2024
Proposed
Adjustments % Change
FY 2024/25
Proposed Amended
Budget
Revenues
Taxes-Sales Tax 60,219,800 $ 55,668,067 $ 17,604,966 $ 32% - $ 0% 55,668,067 $ Taxes-Property 29,616,316 32,667,558 9,244,782 28% - 0% 32,667,558 Charges for Services 24,759,803 24,193,653 9,281,399 38% - 0% 24,193,653 Other Misc Revenue 15,863,101 27,601,687 16,867,449 61% 3,201,242 12% 30,802,929 Special Assessments 11,786,341 11,907,560 98,200 1% - 0% 11,907,560 Taxes-VLF/Property Tax Comp 10,027,400 11,114,975 - 0% - 0% 11,114,975 Tax-Special Tax 9,387,543 9,387,543 12,561 0% - 0% 9,387,543 Taxes-Transient Occupancy Tax 5,546,000 2,580,000 1,080,796 42% - 0% 2,580,000 Taxes-Franchises 4,710,000 4,802,800 877,846 18% - 0% 4,802,800 Taxes-Other 3,386,600 3,003,380 1,422,528 47% 125,266 4% 3,128,646 License/Permit Fees 2,010,575 1,834,575 754,599 41% - 0% 1,834,575 Taxes-Business Licenses 1,065,400 1,086,708 545,153 50% - 0% 1,086,708 Taxes-Property Transfer 800,000 575,000 276,980 48% - 0% 575,000 Loan/Bond/Lease Proceeds - - 3,431 0% - 0% - Total Revenue 179,178,879 $ 186,423,506 $ 58,070,691 $ 31% 3,326,508 $ 2% 189,750,014 $ FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
12/31/2024
% Expended
thru 12/31/2024
Proposed
Adjustments % Change
FY 2024/25
Proposed Amended
Budget
Expenditures
Personnel Costs 92,809,414 $ 101,083,957 $ 46,191,817 $ 46% (1,731,586) $ -2% 99,352,371 $ Operations & Maintenance 60,841,372 63,065,538 29,891,162 47% 338,207 1% 63,403,745 Capital Outlay 2,224,391 2,660,092 1,454,220 55% 219,730 8% 2,879,822 Capital Improvement Plan Expenditures - 1,531,170 4,312,489 282% 103,445 7% 1,634,615 Allocations 11,522,578 11,522,578 5,773,968 50% - 0% 11,522,578 Total Expenditures 167,397,756 $ 179,863,334 $ 87,623,656 $ 49% (1,070,204) $ -1% 178,793,130 $ Contributions to Unassigned Fund Balance 11,781,124 6,560,172 10,956,884 Total Expenditures Sources 179,178,879 $ 186,423,506 $ 189,750,014$ FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
12/31/2024
% Used thru
09/30/2024
Proposed
Adjustments % Change
FY 2024/25
Proposed Amended
Budget
Transfers
Transfer In 13,308,786 11,263,159 6,802,523 60% 400,986 3% 11,664,145 Transfer Out 13,308,786 11,263,159 6,802,523 60% 400,986 3% 11,664,145 Net Transfers - $ - $ - $ 0% - $ - $
CITYWIDE
2/22/2025
Fiscal Year 2024/25 Second Quarter Budget Summary of Major Funds FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
12/31/2024
% of Budget
Used thru
12/31/2024
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Revenues
Taxes-Sales Tax 28,770,000 $ 26,590,074 $ 8,365,983 $ 31% - $ 26,590,074$ Taxes-VLF/Property Tax Comp 10,027,400 11,114,975 - 0% - 11,114,975 Taxes-Property 9,914,100 10,900,917 3,471,501 32% - 10,900,917 Other Misc Revenue 4,726,903 8,200,503 7,565,683 92% 1,652,998 9,853,501 Taxes-Franchises 4,652,000 4,744,800 870,966 18% - 4,744,800 Charges for Services 4,867,960 4,388,160 2,448,322 56% - 4,388,160 License/Permit Fees 2,000,075 1,824,075 747,668 41% - 1,824,075 Special Assessments 21,306 - 0% - 21,306 Taxes-Transient Occupancy Tax 5,546,000 2,580,000 1,080,796 42% - 2,580,000 Taxes-Business Licenses 1,065,400 1,086,708 545,153 50% - 1,086,708 Taxes-Property Transfer 800,000 575,000 276,980 48% - 575,000 Transfer In - - 6,190 0% - - Total Revenue 72,369,838 $ 72,026,517 $ 25,379,243 $ 35% 1,652,998 $ 73,679,515 $ Use of Unassigned Fund Balance - 5,713,320 3,955,602 Total Revenue Sources 72,369,838 $ 77,739,837 $ 77,635,117$ FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
12/31/2024
% Expended
thru 12/31/2024
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Expenditures
Personnel Costs 48,999,585 $ 53,454,230 $ 23,065,789 $ 43% (807,050) $ 52,647,180$ Operations & Maintenance 13,007,435 13,757,985 5,127,494 37% 436,526 14,194,511 Capital Outlay 1,231,626 1,782,414 907,401 51% 204,505 1,986,918 Capital Improvement Plan Expenditures - 1,925 0% 61,300 61,300 Allocations 7,594,685 7,594,685 3,797,343 50% - 7,594,685 Transfer Out 1,150,523 1,150,523 575,262 50% - 1,150,523 Total Expenditures 71,983,855 $ 77,739,837 $ 33,475,213 $ 43% (104,719) $ 77,635,117$ Contribution to Unassigned Fund
Balance 385,983 - -
Total Expenditures Sources 72,369,838$ 77,739,837 $ 77,635,117$
GENERAL FUND
2/22/2025
Fiscal Year 2024/25 Second Quarter Budget Summary of Major Funds FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
12/31/2024
% of Budget
Used thru
12/31/2024
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Revenue
Taxes-Sales Tax 31,449,800 $ 29,077,993 $ 9,238,983 $ 32% - $ 29,077,993$ Total Revenue 31,449,800 $ 29,077,993 $ 9,238,983 $ 32% - $ 29,077,993$ FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
12/31/2024
% Expended
thru 12/31/2024
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Expenditures
Personnel Costs 13,132,286 $ 13,462,574 $ 6,613,627 $ 49% (711,300) $ 12,751,274$ Operations & Maintenance 2,599,796 2,237,865 632,198 28% 15,000 2,252,865 Capital Outlay 925,365 657,510 413,686 63% 4,558 662,068 Allocations 928,500 928,500 464,250 50% - 928,500 Transfer Out 11,004,936 8,819,819 5,502,468 62% 400,986 9,220,805 Total Expenditures 28,590,883$ 26,106,267 $ 13,626,229 $ 52% (290,756) $ 25,815,512$ Contributions to Unassigned
Fund Balance 2,858,917 2,971,726 3,262,481 Total Expenditures Uses 31,449,800$ 29,077,993 $ 29,077,993$
MEASURE T
2/22/2025
Fiscal Year 2024/25 Second Quarter Budget Summary of Major Funds FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
12/31/2024
% of Budget
Used thru
12/31/2024
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Revenue
Taxes-Property 14,293,353 $ 16,079,768 $ 4,901,583 $ 30% - $ 16,079,768$ Other Misc Revenue 961,425 1,171,554 1,632,609 139% (20,000) 1,151,554 Charges for Services 538,826 460,876 288,808 63% - 460,876 Special Assessments 1,577,711 1,577,711 20 0% - 1,577,711 License/Permit Fees 10,500 10,500 6,931 66% - 10,500 Transfer In 7,368,265 6,158,599 3,684,132 60% 323,729 6,482,328 Total Revenue 24,750,080 $ 25,459,008 $ 10,514,083 $ 41% 303,729 $ 25,762,737$ Use of Unassigned Fund Balance - 1,171,450 867,721 Total Revenue Sources 24,750,080 $ 26,630,458 $ 26,630,458$ FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
12/31/2024
% Expended
thru 12/31/2024
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Expenditures
Personnel Costs 20,178,327 $ 21,706,130 $ 11,570,451 $ 53% - $ 21,706,130$ Operations & Maintenance 2,427,163 2,779,738 1,107,330 40% - 2,779,738 Allocations 2,144,590 2,144,590 1,072,295 50% - 2,144,590 Total Expenditures 24,750,080 $ 26,630,458 $ 13,750,075 $ 52% - 26,630,458$
FIRE DISTRICT
2/22/2025
Fiscal Year 2024/25 Second Quarter Budget Summary of Major Funds FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
12/31/2024
% of Budget
Used thru
12/31/2024
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Revenue
Special Assessments 1,927,712 $ 1,965,302 $ 54,096 $ 3% - $ 1,965,302$ Charges for Services 531,775 522,775 329,475 63% - 522,775 Other Misc Revenue 147,135 176,442 102,063 58% 1,300 177,742 Transfer In 2,830,175 2,469,615 1,415,088 57% 75,960 2,545,575 Total Revenue 5,436,797 $ 5,134,134 $ 1,900,722 $ 37% 77,260 $ 5,211,394$ Use of Unassigned Fund Balance - 443,120 375,602 Total Revenue Sources 5,436,797 $ 5,577,254 $ 5,586,996$ FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
12/31/2024
% Expended
thru 12/31/2024
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Expenditures
Personnel Costs 2,085,122 $ 2,267,107 $ 865,572 $ 38% 9,742 $ 2,276,849$ Operations & Maintenance 3,324,482 3,282,954 1,605,586 49% - 3,282,954 Capital Outlay 50,000 50,000 43,661 87% - 50,000 Allocations (22,807) (22,807) 1,276 -6% - (22,807) Total Expenditures 5,436,797 $ 5,577,254 $ 2,516,095 $ 45% 9,742 $ 5,586,996$
COMMUNITY SERVICES DISTRICT
2/22/2025
Fiscal Year 2024/25 Second Quarter Budget Summary of Major Funds FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
12/31/2024
% of Budget
Used thru
12/31/2024
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Revenue
Taxes-Property 2,467,294 $ 2,745,304 $ 871,698 $ 32% - $ 2,745,304$ Other Misc Revenue 95,200 142,200 76,751 54% 4,890 147,090 Charges for Services 20,300 20,900 12,181 58% - 20,900 Transfer In 806,496 191,605 403,248 210% 1,297 192,902 Total Revenue 3,389,290 $ 3,100,009 $ 1,363,879 $ 44% 6,187 $ 3,106,196$ Use of Unassigned Fund Balance - 523,870 517,683 Total Revenue Sources 3,389,290 $ 3,623,879 $ 3,623,879$ FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
12/31/2024
% Expended
thru 12/31/2024
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Expenditures
Personnel Costs 2,058,853 $ 2,326,510 $ 1,010,519 $ 43% - $ 2,326,510$ Operations & Maintenance 814,337 795,969 237,175 30% - 795,969 Capital Outlay 17,400 2,700 2,227 82% - 2,700 Allocations 498,700 498,700 249,350 50% - 498,700 Total Expenditures 3,389,290 $ 3,623,879 $ 1,499,271 $ 41% - $ 3,623,879$
LIBRARY
2/22/2025