Cities Index.
ATT 1 - FY 2024/25 Third Quarter Budget to Actual Report - Major Funds

Murrieta City Council
May 20, 2025

Document
ATT 1 - FY 2024/25 Third Quarter Budget to Actual Report - Major Funds
Meeting
May 20, 2025
Body
Murrieta City Council
Original file
130 KB
Text extracted from the city's file for reading and search. Open the original on murrieta.legistar1.com. That file is the official record.

Fiscal Year 2024/25 Third Quarter Budget Summary of Major Funds FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
3/31/2025
% of Budget
Used thru
3/31/2025
Proposed
Adjustments
%
Change
FY 2024/25
Proposed Amended
Budget
Revenues
Taxes-Sales Tax 55,668,067 $ 31,769,731 $ 57% (2,204,107) $ -4% 53,463,960 $ Taxes-Property 32,667,558 18,640,891 57% 2,419,821 7% 35,087,379 Charges for Services 24,193,653 18,644,869 77% 256,231 1% 24,449,884 Other Misc Revenue 30,875,089 26,138,743 85% 4,038,739 13% 34,913,828 Special Assessments 11,907,560 6,317,113 53% - 0% 11,907,560 Taxes-VLF/Property Tax Comp 11,114,975 5,755,770 52% - 0% 11,114,975 Tax-Special Tax 9,387,543 4,996,831 53% - 0% 9,387,543 Taxes-Transient Occupancy Tax 2,580,000 1,729,770 67% - 0% 2,580,000 Taxes-Franchises 4,802,800 1,786,416 37% - 0% 4,802,800 Taxes-Other 3,128,646 2,166,340 69% - 0% 3,128,646 License/Permit Fees 1,834,575 1,189,656 65% - 0% 1,834,575 Taxes-Business Licenses 1,086,708 845,368 78% - 0% 1,086,708 Taxes-Property Transfer 575,000 401,069 70% 145,576 25% 720,576 Loan/Bond/Lease Proceeds - 6,696 0% - 0% - Total Revenue 189,822,174 $ 120,389,262 $ 63% 4,656,260 $ 2% 194,478,434 $ FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
3/31/2025
% Expended
thru 3/31/2025
Proposed
Adjustments
%
Change
FY 2024/25
Proposed Amended
Budget
Expenditures
Personnel Costs 99,352,371 $ 69,101,014 $ 70% 4,000 $ 0.004% 99,356,371$ Operations & Maintenance 63,109,825 36,609,621 58% 83,900 0.133% 63,193,725 Capital Outlay 3,067,832 1,702,014 55% - 0% 3,067,832 Capital Improvement Plan Expenditures 1,890,525 9,516,026 503% - 0% 1,890,525 Allocations 11,522,578 8,839,400 77% - 0% 11,522,578 Total Expenditures 178,943,130 $ 125,768,075 $ 70% 87,900 $ 0% 179,031,030 $ Contributions to Unassigned Fund Balance 10,956,884 15,447,404 Total Expenditures Sources 189,900,014 $ 194,478,434$ FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
3/31/2025
% Used thru
03/31/2025
Proposed
Adjustments
%
Change
FY 2024/25
Proposed Amended
Budget
Transfers
Transfer In 11,664,145 6,977,768 60% (2,961,605) -22% 8,702,540 Transfer Out 11,664,145 6,977,768 60% (2,961,605) -22% 8,702,540 Net Transfers 0 $ 0 $ 0 $ 0 $

CITYWIDE
5/16/2025
Fiscal Year 2024/25 Third Quarter Budget Summary of Major Funds FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
3/31/2025
% of Budget
Used thru
3/31/2025
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Revenues
Taxes-Sales Tax 28,770,000 $ 26,590,074 $ 15,215,333 $ 57% (985,914) $ 25,604,160$ Taxes-VLF/Property Tax Comp 10,027,400 11,114,975 5,755,770 52% - 11,114,975 Taxes-Property 9,914,100 10,900,917 6,745,099 62% 1,039,815 11,940,731 Other Misc Revenue 4,726,903 9,925,661 10,724,788 108% 1,021,202 10,946,863 Taxes-Franchises 4,652,000 4,744,800 1,770,534 37% - 4,744,800 Charges for Services 4,867,960 4,388,160 3,167,110 72% 130,724 4,518,884 License/Permit Fees 2,000,075 1,824,075 1,177,167 65% - 1,824,075 Special Assessments 21,306 2,447 11% - 21,306 Taxes-Transient Occupancy Tax 5,546,000 2,580,000 1,729,770 67% - 2,580,000 Taxes-Business Licenses 1,065,400 1,086,708 845,368 78% - 1,086,708 Taxes-Property Transfer 800,000 575,000 401,069 70% 145,576 720,576 Transfer In - - 6,190 0% - - Total Revenue 72,369,838 $ 73,751,675 $ 47,540,643 $ 64% 1,351,403 $ 75,103,078 $ Use of Unassigned Fund Balance - 3,883,442 2,535,640 Total Revenue Sources 72,369,838 $ 77,635,117 $ 77,638,717$ FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
3/31/2025
% Expended
thru 3/31/2025
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Expenditures
Personnel Costs 48,999,585 $ 52,647,180 $ 34,644,285 $ 66% - $ 52,647,180$ Operations & Maintenance 13,007,435 14,104,611 8,617,850 61% 3,600 14,108,211 Capital Outlay 1,231,626 2,074,928 1,076,547 52% - 2,074,928 Capital Improvement Plan Expenditures 63,190 37,350 59% - 63,190 Allocations 7,594,685 7,594,685 5,696,014 75% - 7,594,685 Transfer Out 1,150,523 1,150,523 575,262 50% - 1,150,523 Total Expenditures 71,983,855 $ 77,635,117 $ 50,647,307 $ 65% 3,600 $ 77,638,717$ Contribution to Unassigned Fund
Balance 385,983 - -
Total Expenditures Sources 72,369,838$ 77,635,117 $ 77,638,717$

GENERAL FUND
5/16/2025
Fiscal Year 2024/25 Third Quarter Budget Summary of Major Funds FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
3/31/2025
% of Budget
Used thru
3/31/2025
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Revenue
Taxes-Sales Tax 31,449,800 $ 29,077,993 $ 16,554,398 $ 57% (1,218,193) $ 27,859,800 $ Total Revenue 31,449,800 $ 29,077,993 $ 16,554,398 $ 57% (1,218,193) $ 27,859,800 $ FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
3/31/2025
% Expended
thru 3/31/2025
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Expenditures
Personnel Costs 13,132,286 $ 12,751,274 $ 9,877,595 $ 77% 1,000 $ 12,752,274$ Operations & Maintenance 2,599,796 2,252,865 852,063 38% 19,000 2,271,865 Capital Outlay 925,365 762,068 420,935 55% - 762,068 Allocations 928,500 928,500 696,375 75% - 928,500 Transfer Out 11,004,936 9,220,805 5,502,468 60% (2,961,605) 6,259,200 Total Expenditures 28,590,883$ 25,915,512 $ 17,349,436 $ 67% (2,941,605) $ 22,973,906 $ Contributions to Unassigned
Fund Balance 2,858,917 3,162,481 4,885,894 Total Expenditures Uses 31,449,800$ 29,077,993 $ 27,859,800$

MEASURE T
5/16/2025
Fiscal Year 2024/25 Third Quarter Budget Summary of Major Funds FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
3/31/2025
% of Budget
Used thru
3/31/2025
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Revenue
Taxes-Property 14,293,353 $ 16,079,768 $ 9,675,170 $ 60% 1,134,331 $ 17,214,099 $ Other Misc Revenue 961,425 1,151,554 2,386,420 207% 1,483,892 2,635,446 Charges for Services 538,826 460,876 460,976 100% 59,325 520,201 Special Assessments 1,577,711 1,577,711 849,131 54% - 1,577,711 License/Permit Fees 10,500 10,500 12,489 119% - 10,500 Transfer In 7,368,265 6,482,328 3,684,132 57% (2,653,548) 3,828,780 Total Revenue 24,750,080 $ 25,762,737 $ 17,068,319 $ 66% 24,000 $ 25,786,737$ Use of Unassigned Fund Balance - 867,721 867,721 Total Revenue Sources 24,750,080 $ 26,630,458 $ 26,654,458$ FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
3/31/2025
% Expended
thru 3/31/2025
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Expenditures
Personnel Costs 20,178,327 $ 21,706,130 $ 17,097,285 $ 79% 3,000 $ 21,709,130$ Operations & Maintenance 2,427,163 2,779,738 1,787,735 64% 21,000 2,800,738 Allocations 2,144,590 2,144,590 1,608,442 75% - 2,144,590 Total Expenditures 24,750,080 $ 26,630,458 $ 20,493,462 $ 77% 24,000 26,654,458$

FIRE DISTRICT
5/16/2025
Fiscal Year 2024/25 Third Quarter Budget Summary of Major Funds FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
3/31/2025
% of Budget
Used thru
3/31/2025
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Revenue
Special Assessments 1,927,712 $ 1,965,302 $ 1,151,819 $ 59% - $ 1,965,302$ Charges for Services 531,775 522,775 514,247 98% 66,182 588,957 Other Misc Revenue 147,135 177,742 170,562 96% - 177,742 Transfer In 2,830,175 2,545,575 1,415,088 56% (62,382) 2,483,193 Total Revenue 5,436,797 $ 5,211,394 $ 3,251,716 $ 62% 3,800 $ 5,215,195$ Use of Unassigned Fund Balance 0 375,602 375,602 Total Revenue Sources 5,436,797 $ 5,586,996 $ 5,590,796$ FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
3/31/2025
% Expended
thru 3/31/2025
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Expenditures
Personnel Costs 2,085,122 $ 2,276,849 $ 1,801,833 $ 79% - $ 2,276,849$ Operations & Maintenance 3,324,482 3,282,954 2,534,312 77% 3,800 3,286,754 Capital Outlay 50,000 50,000 43,661 87% - 50,000 Allocations (22,807) (22,807) 180,362 -791% - (22,807) Total Expenditures 5,436,797 $ 5,586,996 $ 4,560,168 $ 82% 3,800 $ 5,590,796$

COMMUNITY SERVICES DISTRICT
5/16/2025
Fiscal Year 2024/25 Third Quarter Budget Summary of Major Funds FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
3/31/2025
% of Budget
Used thru
3/31/2025
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Revenue
Taxes-Property 2,467,294 $ 2,745,304 $ 1,686,650 $ 61% 245,675 $ 2,990,979 $ Other Misc Revenue 95,200 147,090 139,594 95% - 147,090 Charges for Services 20,300 20,900 18,939 91% - 20,900 Transfer In 806,496 192,902 403,248 209% (245,675) (52,773) Total Revenue 3,389,290 $ 3,106,196 $ 2,248,431 $ 72% 0 $ 3,106,196$ Use of Unassigned Fund Balance 0 517,683 517,683 Total Revenue Sources 3,389,290 $ 3,623,879 $ 3,623,880$ FY 2024/25
Adopted
Budget
FY 2024/25
Amended
Budget
FY 2024/25
YTD thru
3/31/2025
% Expended
thru 3/31/2025
Proposed
Adjustments
FY 2024/25
Proposed Amended
Budget
Expenditures
Personnel Costs 2,058,853 $ 2,326,510 $ 1,501,970 $ 65% - $ 2,326,510$ Operations & Maintenance 814,337 795,969 468,283 59% - 795,969 Capital Outlay 17,400 2,700 2,648 98% - 2,700 Allocations 498,700 498,700 374,025 75% - 498,700 Total Expenditures 3,389,290 $ 3,623,879 $ 2,346,926 $ 65% - $ 3,623,880$

LIBRARY
5/16/2025

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