CITY OF ORANGE MODEL 1
FISCAL YEAR 2026-2027 FINANCIAL MODEL (FY27 MODEL)
REVENUES, EXPENDITURES & NET OPERATING RESULTS
2026E 2027B 2028F 2029F 2030F 2031F 2032F
REVENUES & SOURCES
01 - SALES TAX 51,335,804 51,594,300 51,955,500 52,475,100 53,262,200 54,327,400 55,685,600 GROWTH RATE 4.0% 0.5% 0.7% 1.0% 1.5% 2.0% 2.5%
02 - PROPERTY TAX 59,822,181 61,700,800 64,724,100 67,895,600 71,222,500 74,712,400 78,373,300 GROWTH RATE 3.8% 3.1% 4.9% 4.9% 4.9% 4.9% 4.9%
03 - TRANSIENT OCCUPANCY TAX 6,100,192 6,198,100 6,427,400 6,665,200 6,911,800 7,167,500 7,432,700 GROWTH RATE -0.8% 1.6% 3.7% 3.7% 3.7% 3.7% 3.7%
04 - FEES & FINES 15,292,737 15,788,200 16,419,700 17,076,500 17,759,600 18,470,000 19,208,800 GROWTH RATE 15.2% 3.2% 4.0% 4.0% 4.0% 4.0% 4.0%
05 - OTHER REVENUES 15,240,169 15,566,900 15,872,200 16,183,500 16,500,900 16,824,600 17,154,600 GROWTH RATE 15.1% 2.1% 2.0% 2.0% 2.0% 2.0% 2.0%
06 - INTER-FUND REVENUE 10,077,495 4,830,500 4,975,400 5,124,700 5,278,400 5,436,800 5,599,900 GROWTH RATE -34.9% -52.1% 3.0% 3.0% 3.0% 3.0% 3.0%
TOTAL REVENUES 157,868,578 155,678,800 160,374,300 165,420,600 170,935,400 176,938,700 183,454,900 % ANNUAL CHANGE 1.8% -1.4% 3.0% 3.1% 3.3% 3.5% 3.7%
EXPENDITURES & USES
01 - SALARIES 76,448,957 78,722,600 81,084,300 83,516,800 86,022,300 88,603,000 91,261,100 GROWTH RATE -0.2% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%
02 - BENEFITS 27,498,932 29,877,200 30,773,500 31,696,700 32,647,600 33,627,000 34,635,800 GROWTH RATE -0.8% 8.6% 3.0% 3.0% 3.0% 3.0% 3.0%
03 - OPERATING EXPENSE 31,279,334 29,815,600 30,710,100 31,631,400 32,580,300 33,557,700 34,564,400 GROWTH RATE 35.1% -4.7% 3.0% 3.0% 3.0% 3.0% 3.0%
04 - INTERNAL SERVICE COSTS 8,866,258 3,733,900 3,845,900 3,961,300 4,080,100 4,202,500 4,328,600 GROWTH RATE -36.8% -57.9% 3.0% 3.0% 3.0% 3.0% 3.0%
05 - DEBT SERVICES 17,519,111 17,908,400 17,908,400 17,908,400 17,908,400 17,908,400 17,908,400 GROWTH RATE 0.8% 2.2%
TOTAL EXPENDITURES, BY ACCOUNT GROUP 161,612,592 160,057,700 164,322,200 168,714,600 173,238,700 177,898,600 182,698,300 % ANNUAL CHANGE 1.7% -1.0% 2.7% 2.7% 2.7% 2.7% 2.7%
NET OVER/(UNDER) BEFORE TRANSFERS (3,744,014) (4,378,900) (3,947,900) (3,294,000) (2,303,300) (959,900) 756,600 % ANNUAL REVENUES & SOURCES -2.4% -2.8% -2.5% -2.0% -1.3% -0.5% 0.4% 01-TRANSFERS-IN 4,485,252 15,000,000 - - - - - 02-TRANSFERS-OUT LEAVE PAYOUTS 1,455,252 2,755,100 2,837,800 2,922,900 3,010,600 3,100,900 3,193,900 03-TRANSFERS-OUT UAL - 6,799,400 5,185,300 - - - - 04-TRANSFERS-OUT WORKER'S COMP - - 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 ATTACHMENT 11
CITY OF ORANGE MODEL 1
FISCAL YEAR 2026-2027 FINANCIAL MODEL (FY27 MODEL)
REVENUES, EXPENDITURES & NET OPERATING RESULTS
2026E 2027B 2028F 2029F 2030F 2031F 2032F
05-TRANSFERS-OUT GENERAL LIABILITIES - - 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 08-TRANSFERS-OUT CIP - - 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 NET OVER/(UNDER) AFTER TRANSFERS (714,014) 1,066,600 (16,471,000) (10,716,900) (9,813,900) (8,560,800) (6,937,300) FUND BALANCE-BEGINNING 28,553,771 27,839,757 28,906,357 12,435,357 1,718,457 (8,095,443) (16,656,243) FUND BALANCE-END 27,839,757 28,906,357 12,435,357 1,718,457 (8,095,443) (16,656,243) (23,593,543) RESERVED (GF ONLY) 25,936,827 28,429,860 12,435,357 - - - - UNRESERVED (GF ONLY) 1,902,930 476,497 - - - - - CITY OF ORANGE MODEL 2
FISCAL YEAR 2026-2027 FINANCIAL MODEL (FY27 MODEL)
REVENUES, EXPENDITURES & NET OPERATING RESULTS
2026E 2027B 2028F 2029F 2030F 2031F 2032F
REVENUES & SOURCES
01 - SALES TAX 51,335,804 51,594,300 51,955,500 52,475,100 53,262,200 54,327,400 55,685,600 GROWTH RATE 4.0% 0.5% 0.7% 1.0% 1.5% 2.0% 2.5%
02 - PROPERTY TAX 59,822,181 61,700,800 64,724,100 67,895,600 71,222,500 74,712,400 78,373,300 GROWTH RATE 3.8% 3.1% 4.9% 4.9% 4.9% 4.9% 4.9%
03 - TRANSIENT OCCUPANCY TAX 6,100,192 6,198,100 6,427,400 6,665,200 6,911,800 7,167,500 7,432,700 GROWTH RATE -0.8% 1.6% 3.7% 3.7% 3.7% 3.7% 3.7%
04 - FEES & FINES 15,292,737 15,788,200 16,419,700 17,076,500 17,759,600 18,470,000 19,208,800 GROWTH RATE 15.2% 3.2% 4.0% 4.0% 4.0% 4.0% 4.0%
05 - OTHER REVENUES 15,240,169 15,566,900 15,872,200 16,183,500 16,500,900 16,824,600 17,154,600 GROWTH RATE 15.1% 2.1% 2.0% 2.0% 2.0% 2.0% 2.0%
06 - INTER-FUND REVENUE 10,077,495 4,830,500 4,975,400 5,124,700 5,278,400 5,436,800 5,599,900 GROWTH RATE -34.9% -52.1% 3.0% 3.0% 3.0% 3.0% 3.0%
TOTAL REVENUES 157,868,578 155,678,800 160,374,300 165,420,600 170,935,400 176,938,700 183,454,900 % ANNUAL CHANGE 1.8% -1.4% 3.0% 3.1% 3.3% 3.5% 3.7%
EXPENDITURES & USES
01 - SALARIES 76,448,957 78,722,600 81,084,300 83,516,800 86,022,300 88,603,000 91,261,100 GROWTH RATE -0.2% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%
02 - BENEFITS 27,498,932 29,877,200 30,773,500 31,696,700 32,647,600 33,627,000 34,635,800 GROWTH RATE -0.8% 8.6% 3.0% 3.0% 3.0% 3.0% 3.0%
03 - OPERATING EXPENSE 31,279,334 29,815,600 30,710,100 31,631,400 32,580,300 33,557,700 34,564,400 GROWTH RATE 35.1% -4.7% 3.0% 3.0% 3.0% 3.0% 3.0%
04 - INTERNAL SERVICE COSTS 8,866,258 3,733,900 3,845,900 3,961,300 4,080,100 4,202,500 4,328,600 GROWTH RATE -36.8% -57.9% 3.0% 3.0% 3.0% 3.0% 3.0%
05 - DEBT SERVICES 17,519,111 17,908,400 17,908,400 17,908,400 17,908,400 17,908,400 17,908,400 GROWTH RATE 0.8% 2.2%
TOTAL EXPENDITURES, BY ACCOUNT GROUP 161,612,592 160,057,700 164,322,200 168,714,600 173,238,700 177,898,600 182,698,300 % ANNUAL CHANGE 1.7% -1.0% 2.7% 2.7% 2.7% 2.7% 2.7%
NET OVER/(UNDER) BEFORE TRANSFERS (3,744,014) (4,378,900) (3,947,900) (3,294,000) (2,303,300) (959,900) 756,600 % ANNUAL REVENUES & SOURCES -2.4% -2.8% -2.5% -2.0% -1.3% -0.5% 0.4% 01-TRANSFERS-IN 4,485,252 15,000,000 - - - - - 02-TRANSFERS-OUT LEAVE PAYOUTS 1,455,252 2,755,100 2,837,800 2,922,900 3,010,600 3,100,900 3,193,900 03-TRANSFERS-OUT UAL - 6,799,400 10,054,400 6,558,800 - - - CITY OF ORANGE MODEL 2
FISCAL YEAR 2026-2027 FINANCIAL MODEL (FY27 MODEL)
REVENUES, EXPENDITURES & NET OPERATING RESULTS
2026E 2027B 2028F 2029F 2030F 2031F 2032F
04-TRANSFERS-OUT WORKER'S COMP - - 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 05-TRANSFERS-OUT GENERAL LIABILITIES - - 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 08-TRANSFERS-OUT CIP - - 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 NET OVER/(UNDER) AFTER TRANSFERS (714,014) 1,066,600 (21,340,100) (17,275,700) (9,813,900) (8,560,800) (6,937,300) FUND BALANCE-BEGINNING 28,553,771 27,839,757 28,906,357 7,566,257 (9,709,443) (19,523,343) (28,084,143) FUND BALANCE-END 27,839,757 28,906,357 7,566,257 (9,709,443) (19,523,343) (28,084,143) (35,021,443) RESERVED (GF ONLY) 25,936,827 28,429,860 7,566,257 - - - - UNRESERVED (GF ONLY) 1,902,930 476,497 - - - - -