ATTACHMENT 1
Monthly Budget and Investment Statement
As of January 31, 2026
This Budget and Investment Statement summarizes the budget status and investments of all City funds, including General Fund, Enterprise Funds, Capital Project Funds and Special Revenue Funds, as of the date identified above. This Statement fulfills the requirements of Napa Municipal Code section 2.32.050 by providing budget status information, and the requirements of City Charter Section 58 by providing current cash totals.
The City of Napa column below represents the City’s pooled cash, while the Fiduciary Funds column includes Successor Agency bond proceeds and reserves and payroll disbursements passing through the payroll clearing account. The first table shows the total cash and investments by type of investment, while the second table breaks out the information by City Fund.
Investment Type City of Napa Fiduciary Funds Grand TotalCash in Banks49,172,822$ (3,605,594)$ 45,567,228$ Solid Waste Debt Service Bank Fund- - - Water Debt Service Bank Fund- - - Local Agency Investment Fund (LAIF)22,697,068- 22,697,068 California Asset Management Program (CAMP) Liquidity Fund47,621,625 - 47,621,625 California Asset Management Program (CAMP) Operating FundU.S. Treasury Bond / Note - Original Cost102,337,473 - 102,337,473 U.S. Treasury Bill - Original Cost- - Municipal Bond/ Note - Original Cost245,000 - 245,000 Supra-National Agency Bond / Note - Original Cost- - Fed Agency Commercial Mortgage-Backed Security - Orig. Cost31,218,536 - 31,218,536 Federal Agency Bond / Note - Original Cost- - Corporate Note - Original Cost47,756,559 - 47,756,559 Commercial Paper - Original Cost- - Certificate of Deposit - Original Cost1,400,000 - 1,400,000 Bank Note - Original Cost3,079,810 - 3,079,810 Asset-Backed Security - Original Cost29,512,524 - 29,512,524 Joint Powers Authority - Original Cost262,657 - 262,657 Unsettled Trades272,563 - 272,563 TOTAL City of Napa Cash and Invested Funds 335,576,636$ (3,605,594)$ 331,971,042$ Fund Type City of Napa Fiduciary Funds Grand TotalGeneral Fund 27,925,512 -$ 27,925,512$ Measure G 7,524,441 - 7,524,441.5 American Rescue Plan Act 503,930 - 503,930 Special Revenue Funds 106,638,084 - 106,638,084 CIP Funds 32,862,913 - 32,862,913 Enterprise Funds 97,747,360 - 97,747,360 Internal Service Funds 57,034,125 - 57,034,125 Housing Funds 5,340,270 - 5,340,270 Payroll Clearing Account - (5,389,048) (5,389,048) Gasser CFD Funds - 1,783,454 1,783,454 TOTAL City of Napa Cash and Invested Funds 335,576,636$ (3,605,594)$ 331,971,042$ ATTACHMENT 1
I hereby certify that the investments summarized in this Statement comply with the City’s adopted Statement of Investment Policy and City Charter Section 58, and that sufficient funds are available to meet expenditure requirements for the next six months. Bond funds are in compliance with their respective bond indentures, which may have different provisions than the City’s Investment Policy. More detailed information summarized in this Statement is available for review upon request.
Donna Lee, Finance Director
ATTACHMENT 1
The table below provides the budget status for the City’s funds, grouped by major fund, or major fund category, as of the date identified above and includes several Net Positions of less than zero.
Budgets with a negative Net Position will use fund balance to make up the difference. This use of available fund balance to balance the budget has been approved by City Council with the adoption of the FY 2025/26 budget. Negative Year-to-Date (YTD) Actual Net Position amounts are to be expected, given that both revenue collections and expenditure incurrences fluctuate throughout the year.
FY 2025/26 BudgetFY 2025/26 YTD Actualas of 01/31/2026 as of 01/31/2026General FundRevenues 141,823,906 70,268,847 49.55%Expenditures 145,470,814 76,828,380 52.81%Net Position (3,646,907) (6,559,534) Measure G General FundRevenues 22,373,130 9,578,791 42.81%Expenditures 27,250,786 7,750,949 28.44%Net Position (4,877,656) 1,827,842 Non-Recurring General FundRevenues 29,055,006 8,874,924 30.55%Expenditures 35,623,057 25,923,126 72.77%Net Position (6,568,052) (17,048,202) American Rescue Plan ActRevenues - - 0.00%Expenditures 1,475,157 772,672 52.38%Net Position (1,475,157) (772,672) Special Revenue FundsRevenues 41,444,523 11,880,067 28.66%Expenditures 115,010,197 24,864,648 21.62%Net Position (73,565,674) (12,984,581) Capital Project FundsRevenues 180,814,908 79,225,793 43.82%Expenditures 270,474,896 75,593,031 27.95%Net Position (89,659,988) 3,632,762 Materials Diversion FundRevenues 60,876,900 29,477,308 48.42%Expenditures 66,818,001 30,617,460 45.82%Net Position (5,941,101) (1,140,152) Water Enterprise FundRevenues 62,510,770 26,573,585 42.51%Expenditures 90,171,406 25,703,273 28.50%Net Position (27,660,636) 870,312 Internal Service FundsRevenues 25,397,136 15,452,263 60.84%Expenditures 33,166,890 16,752,284 50.51%Net Position (7,769,754) (1,300,021) Housing Authority FundRevenues 26,710,114 14,064,365 52.66%Expenditures 30,758,310 15,265,897 49.63%Net Position (4,048,196) (1,201,532) Gasser CFD FundRevenues - 238,656 0.00%Expenditures 1,144,632 827,098 72.26%Net Position (1,144,632) (588,442) Pooled CashRevenues - 2,056,103 0.00%Expenditures - 31,327 0.00%Net Position - 2,024,776 ALL FUNDSRevenues 591,006,392 267,690,702 45.29%Expenditures 817,364,146 300,930,145 36.82%Net Position (226,357,753) (33,239,444) % to date (Budget to Actual)