National City City Council
December 2, 2025

December 2, 2025
Year-end General Fund Financial
Review
Fiscal Year 2024/2025
General Fund Financial Highlights
July 2024 through June 2025
• Revenues Exceeded Budget projections by $7.4 million or 10% higher than expected • Total Sales Tax collected was $2.0 million higher than FY 2024 • Fire Overtime Reimbursement $1.4 million (Other Revenues) • Interest Income & Unrealized gains on investment $2.6 million (Other Revenues) • Transfer out $5.3 million from General Fund to new CIP Fund • UAL payment increased $1.3 million over prior year
2 | December 3, 2025
General Fund Revenues
3 | December 3, 2025
Property Tax
21%
Sales Tax
53%
Franchise Fees
4%
Business License
1%
Development Fees
2%
TOT
Fines and Fees 2%
3%
Other Revenues
14%
Transfers-in
0%
General Fund Revenues
July 2024 through June 2025
4 | December 3, 2025
FY 2023 FY 2024 FY 2025 FY 2025 FY 2025 FY 2025
July to June July to June July to June July to June July to June July to June By Type: Actual Actual Actual YTD Budget Balance % Received Property Tax 14,721,570 15,834,107 16,510,318 16,141,534 368,784 102% Sales Tax 38,450,228 40,095,816 42,054,607 39,403,153 2,651,454 107% Franchise Fees 2,490,692 3,082,215 2,959,984 2,974,138 (14,154) 100% Business License 656,191 652,987 704,080 736,500 (32,420) 96% Development Fees 1,693,419 1,304,978 1,184,069 1,247,850 (63,781) 95% TOT 2,488,614 2,042,380 1,858,477 2,000,000 (141,523) 93% Fines and Fees 2,627,729 2,536,094 2,331,412 2,311,658 19,754 101% Other Revenues 6,673,707 8,421,055 11,328,541 6,680,365 4,648,176 170% Transfers-in 2,005,500 2,005,500 35,504 35,504 (0) 100% Total 71,807,650 75,975,134 78,966,993 71,530,702 7,436,291 110% Percentage change over prior Year 6% 4%
General Fund Expenditures
5 | December 3, 2025
Police
36%
Fire
17%
Engineering & Public
Works
6%
Community
Development
5%
Community Services
3%
Administration
30%
Capital
Improvements
3%
General Fund Expenditures
July 2024 through June 2025
6 | December 3, 2025
Percentage change over prior Year 6% 19%
FY 2023 FY 2024 FY 2025 FY 2025 FY 2025 FY 2025
July to June July to June July to June July to June July to June July to June By Department: Actual Actual Actual YTD Budget Balance % Used Police 30,144,781 28,489,423 30,795,487 30,460,278 (335,209) 101% Fire 13,606,049 12,734,994 14,327,779 12,661,725 (1,666,054) 113% Engineering & PW 4,693,168 4,858,237 4,858,928 4,635,976 (222,952) 105% Community Dev. 3,786,260 3,497,210 3,934,723 4,758,828 824,105 83% Community Services 1,724,496 2,032,291 2,516,661 2,688,167 171,506 94% Administration 10,145,012 16,980,110 25,429,035 26,884,423 1,455,388 95% Capital Improvements 2,396,265 1,858,497 2,235,364 2,235,364 0 100% Total 66,496,032 70,450,762 84,097,977 84,324,761 226,784 100% General Fund Expenditures
July 2024 through June 2025
7 | December 3, 2025
FY 2023 FY 2024 FY 2025 FY 2025 FY 2025 FY 2025
Administration: Actual Actual Actual Budget Balance % used City Council 470,697 568,632 880,995 939,495 58,500 94% City Treasurer 44,520 15,204 33,576 49,096 15,520 68%
City Clerk 491,533 346,797 622,053 729,945 107,892 85%
City Manager 1,423,905 1,001,499 1,438,322 1,550,142 111,819 93% Finance 2,195,557 2,203,732 2,470,855 2,300,630 (170,225) 107% City Attorney 927,313 1,024,479 1,223,598 1,175,298 (48,301) 104% Human Resources 1,120,473 1,196,154 1,076,325 1,549,152 472,828 69% Non-Department 3,471,014 10,623,613 17,683,310 18,590,665 907,355 95% Total 10,145,012 16,980,110 25,429,035 26,884,423 1,455,388 95% General Fund Expenditures
July 2024 through June 2025
8 | December 3, 2025
FY 2023 FY 2024 FY 2025 FY 2025 FY 2025 FY 2025
July to June July to June July to June July to June July to June July to June By Category: Actual Actual Actual YTD Budget Balance % Used Wages & Benefits 44,814,060 41,312,775 47,001,084 47,001,302 218 100% Operating & Maint. 16,388,092 18,917,982 20,649,696 20,807,833 158,137 99% Capital Outlay 2,726,671 1,939,246 2,651,805 2,720,234 68,429 97% Transfers-Out 2,567,210 8,280,759 13,795,392 13,795,392 - 100% Total 66,496,032 70,450,762 84,097,977 84,324,761 226,784 100% Net Surplus/Deficit 5,311,618 5,524,372 (5,130,984) (12,794,059) General Fund Personnel Costs
July 2024 through June 2025
9 | December 3, 2025
FY 2023 FY 2024 FY 2025 FY 2025 FY 2025 FY 2025
Actual Actual Actual Budget Balance % used
Full-Time Wages 21,326,098 23,395,630 26,021,249 27,892,230 1,870,981 93% Part-Time Wages 1,045,783 1,211,286 1,323,938 1,460,287 136,349 91% Overtime 3,748,691 3,780,987 4,007,357 2,441,800 (1,565,557) 164% Reimbursable OT 101,204 198,197 1,109,099 723,490 (385,609) 153% Benefits 18,592,284 12,726,674 14,539,442 14,483,495 (55,947) 100% Total 44,814,060 41,312,775 47,001,084 47,001,302 218 100% General Fund Personnel Costs
July 2024 through June 2025
10 | December 3, 2025
FY 2024 to FY 2024 to
FY 2024 FY 2025 FY 2025 FY 2025
Actual Actual Variance % Change
Full-Time Wages 23,395,630 26,021,249 2,625,619 11%
Part-Time Wages 1,211,286 1,323,938 112,652 9%
Overtime 3,780,987 4,007,357 226,369 6%
Reimbursable OT 198,197 1,109,099 910,901 460%
Benefits 12,726,674 14,539,442 1,812,768 14%
Total 41,312,775 47,001,084 5,688,309 14%
General Fund Overtime
July 2024 through June 2025
11 | December 3, 2025
FY 2023 FY 2024 FY 2025 FY 2025 FY 2025 FY 2025
Actual Actual Actual Budget Balance % used
Police 1,440,682 1,518,162 2,099,660 1,213,500 (886,160) 173% Fire 2,220,905 2,162,951 1,767,384 1,116,500 (650,884) 158% Fire Reimbursable OT 101,204 198,197 1,109,099 723,490 (385,609) 153% All Other Departments 86,419 99,874 140,313 111,800 (28,513) 126% Total 3,849,211 3,979,185 5,116,455 3,165,290 (1,951,165) 162% Fund Balance
Unaudited
FY 2023 FY 2024 FY 2025
Nonspendable
-Land Held for Resale 4,021,182 4,021,182 4,021,182
-Inventory & prepaid items 73,336 64,684 65,328
Restricted
-Community development 20,000 20,000 20,000
-Section 115 OPEB Trust 3,267,926 3,539,380 3,827,075
-Section 115 Pension Trust 6,668,501 7,222,427 7,809,495 Committed
-Facility maintenance 2,880,000 2,880,000 2,880,000
-Economic contingency 12,800,000 12,800,000 12,800,000
Assigned
-Accrued Employee Leave 4,330,737 4,535,871 4,760,884
-Purchas Orders 1,070,858 2,444,187 3,190,032
-CIP 4,202,460 3,716,955 -
Unassigned 23,040,220 26,654,907 23,394,613
Total Fund Balance 62,375,220 67,899,593 62,768,609
12 | December 3, 2025
Additional Budget Appropriations
13 | December 3, 2025
Department Description Amount
Non-Department Unemployment Insurance 50,000
Non-Department Transfer to Nutrition Fund 146,708
Non-Department Transfer to OPEB Fund 65,825
Non-Department Transfer to CIP Fund 5,327,523
Non-Department Transfer to EMT-D Fund 164,832
Non-Department Transfer to Parking Authority 73,528
Non-Department Transfer to Facility Maintenance Fund 64,125 Non-Department Savings from transfer to Park Maintenance Fund (67,896) Capital Projects Capital Improvement Projects (5,327,523) Non-Department Provision for Contingency (125,000)
Non-Department Contract Services 937,000
Non-Department Materials & Supplies - Disaster 113,000
Police Department Overtime 413,500
Fire Department Overtime 316,500
Community Services Lease Payment 2,000
Total 2,154,122
Discussion and Questions