GENERAL FUND PROPOSED BUDGET AND FORECAST – SUMMARY
GENERAL FUND FY 25/26
Revised
Budget
FY 25/26
Projected
FY 26/27
Proposed
Budget
FY 27/28
Proposed
Budget
BEGINNING FUND BALANCE $16,196,659 $16,196,659 $14,290,899 $9,835,439 PROPERTY TAX $9,343,213 $9,480,234 $9,542,219 $9,852,657 SALES TAX $10,782,677 $10,722,608 $10,909,580 $11,209,219 TRANSIENT OCCUPANCY TAX $2,304,753 $2,050,941 $2,051,100 $2,051,100 BUSINESS LICENSE TAX $3,528,790 $3,390,000 $3,488,970 $3,594,301
OTHER-TAXES AND
ASSESSMENTS
$63,500 $60,000 $60,000 $60,000
FRANCHISE $2,514,333 $2,577,600 $2,654,926 $2,742,800
LICENSE AND PERMITS $1,459,980 $1,689,542 $1,740,210 $1,792,399 FINES AND FORFEITURES $15,914 $15,100 $15,100 $15,100
USE OF MONEY AND PROPERTY $670,000 $755,000 $715,000 $673,747 INTERGOVERNMENTAL $206,153 $209,161 $208,620 $209,500
CHARGES FOR SERVICES $490,029 $443,744 $453,034 $462,214 OTHER REVENUE $271,629 $53,749.74 $280,600 $281,218
TRANSFERS-IN $669,533 $669,533 $30,000 $30,000
TOTAL REVENUES $32,320,504 $32,117,213 $32,149,359 $32,974,255 SALARIES $16,232,426 $15,713,886 $17,223,189 $17,774,155 BENEFITS $3,363,200 $2,980,111 $3,259,930 $3,433,278
CALPERS UAL PAYMENT $7,153,841 $6,672,665 $7,615,814 $8,095,777 GENERAL EXPENSES $833,120 $803,726 $916,459 $914,954
PROF & CONTRACT SERVICES $2,284,654 $2,137,847 $2,513,705 $2,498,212 CONFERENCES & TRAINING $245,000 $220,104 $258,837 $262,794 MAINTENANCE AND REPAIRS $1,253,302 $980,609 $1,311,173 $1,391,739 SUPPLIES AND MATERIALS $378,008 $343,394 $350,989 $361,197 UTILITIES $632,833 $595,402 $650,298 $661,313
INSURANCE $1,535,979 $1,758,394 $1,355,689 $1,471,658
PROMOTIONS & CONTRIBUTIONS $176,721 $172,940 $177,252 $172,832 FIXED ASSET $30,817 $7,981 $18,184 $18,393
TRANSFERS-OUT $1,635,914 $1,635,914 $953,300 $963,301
TOTAL EXPENSES $35,755,815 $34,022,973 $36,604,819 $38,019,603
REVENUES LESS
(EXPENDITURES) ($3,435,311) ($1,905,760) ($4,455,460) ($5,045,348) ENDING FUND BALANCE $12,761,348 $14,290,899 $9,835,439 $4,790,091