Adopted
2023-2024
Revised
2023-2024
Inc / (Dec)
$
100 - General Fund
Taxes .
Property Tax 33,198,162 35,004,142 1,805,980
Property Tax in Lieu of VLF 8,933,867 8,933,867 -
Homeowners' Exemption 135,589 135,589 -
Sales and Use Tax 11,507,625 10,917,000 (590,625)
Property Tax Trust 25,653 25,653 -
Public Safety Aug. Fund 988,687 988,687 -
Utility Users' Tax 8,500,000 8,500,000 -
Transient Occupancy Tax 6,781,822 6,781,822 -
Franchise Fees 2,165,348 2,165,348 -
Business License Tax 1,326,402 1,326,402 -
Property Transfer Tax 2,900,919 2,300,919 (600,000)
Total Taxes 76,464,074 77,079,429 615,355
Licenses and Permits
Construction/Excavation Permits 1,982,150 2,021,793 39,643 Street/Curb/Parking Permits 71,500 71,500 -
Misc. Licenses/Permits 319,159 319,159 -
Total Licenses and Permits 2,372,809 2,412,452 39,643
Fines and Forfeitures
Parking Citations 1,335,000 1,201,500 (133,500)
Vehicle Code Fines 95,000 95,000 -
Restitution 16,200 15,892 (308)
Total Fines and Forfeitures 1,446,200 1,312,392 (133,808) Use of Money and Property
Investment Earnings 1,250,000 1,300,000 50,000
Rents and Percentages 1,905,630 1,943,743 38,113
Total Use of Money and Property 3,155,630 3,243,743 88,113 Intergovernmental
Motor Vehicle/In-Lieu 30,000 65,000 35,000
SB90 State Mandated Cost Reimb. 30,000 30,000 -
Other Intergovernmental Revenue 100,000 100,000 -
Total Intergovernmental 160,000 195,000 35,000
City of Redondo Beach
2023-2024 Midyear Revenue Adjustments
Fiscal Year 2023 - 2024
Exhibit B - Page 1
Adopted
2023-2024
Revised
2023-2024
Inc / (Dec)
$
City of Redondo Beach
2023-2024 Midyear Revenue Adjustments
Fiscal Year 2023 - 2024
Charges for Services
Administrative Fees 127,199 127,199 -
Parking Meter Fees 2,500,000 2,500,000 -
Police Service Fees 268,000 268,000 -
Fire Service Fees 1,439,500 504,500 (935,000)
Library Book Fines and Fees 20,000 20,495 495
Recreation Users Pay 1,749,455 1,757,398 7,943
Planning Fees 325,000 325,000 -
Building and Engineering Fees 2,562,640 2,562,640 -
State Energy Fees 181,650 263,245 81,595
Other Building Fees 164,395 164,395 -
Public Works Fees 31,988 16,811 (15,177)
Total Charges for Services 9,369,827 8,509,683 (860,144) Other Revenues
Miscellaneous Revenue 2,248,025 2,135,623 (112,402)
Program Donations 127,141 126,770 (371)
Claims Settlement - - -
Total Other Revenues 2,375,166 2,262,393 (112,773)
Total Revenue from Outside Sources 95,343,706 95,015,093 (328,613) Internal Revenue
Overhead Charges 8,747,688 13,809,642 5,061,954
Transfers In 1,750,927 1,750,927 -
Total Internal Revenue 10,498,615 15,560,569 5,061,954
Total General Fund 104,091,394 108,824,736 4,733,342
Special Revenue Funds
202 - State Gas Tax Fund
Use of Money and Property 20,000 25,000 5,000
Intergovernmental 3,720,671 3,720,671 -
Charges for Services 6,000 12,000 6,000
Other Revenue - - -
Total State Gas Tax Fund 3,746,671 3,757,671 11,000
Exhibit B - Page 2
Adopted
2023-2024
Revised
2023-2024
Inc / (Dec)
$
City of Redondo Beach
2023-2024 Midyear Revenue Adjustments
Fiscal Year 2023 - 2024
204 - Storm Drain Improvement Fund
Charges for Services 30,000 36,000 6,000
Total Storm Drain Improvement Fund 30,000 36,000 6,000
208 - Street Landscaping & Lighting District Fund
Charges for Services 1,530,600 1,530,600 -
Transfers In - - -
Total Street Landscaping & Lighting District Fund 1,530,600 1,530,600 - 210 - Local Transportation Article III Fund
Intergovernmental 80,698 - (80,698)
Total Local Transportation Article III Fund 80,698 - (80,698) 211 - Measure M Fund
Use of Money and Property 30,000 30,000 -
Intergovernmental 1,405,427 1,405,427 -
Total Measure M Fund 1,435,427 1,435,427 -
212 - Proposition A Fund
Use of Money and Property 30,000 30,000 -
Intergovernmental 1,993,365 1,993,365 -
Total Proposition A Fund 2,023,365 2,023,365 -
214 - Proposition C Fund
Use of Money and Property 120,000 120,000 -
Intergovernmental 1,653,444 1,653,444 -
Total Proposition C Fund 1,773,444 1,773,444 -
215 - Measure R Fund
Use of Money and Property 15,000 54,814 39,814
Intergovernmental 1,240,083 1,240,083 -
Total Measure R Fund 1,255,083 1,294,897 39,814
217 - Measure W Fund
Intergovernmental 720,000 720,000 -
Total Measure W Fund 720,000 720,000 -
Exhibit B - Page 3
Adopted
2023-2024
Revised
2023-2024
Inc / (Dec)
$
City of Redondo Beach
2023-2024 Midyear Revenue Adjustments
Fiscal Year 2023 - 2024
218 - Air Quality Improvement Fund
Use of Money and Property 2,000 2,000 -
Intergovernmental 88,000 88,000 -
Total Air Quality Improvement Fund 90,000 90,000 -
230 - Intergovernmental Grants Fund
Intergovernmental 12,823,248 15,704,725 2,881,477
Total Intergovernmental Grants Fund 12,823,248 15,704,725 2,881,477 234 - Community Development Block Grant Fund
Intergovernmental 285,916 285,916 -
Total Community Development Block Grant Fund 285,916 285,916 - 238 - Housing Authority Fund
Intergovernmental 7,845,801 7,845,801 -
Total Housing Authority Fund 7,845,801 7,845,801 -
250 - Parks and Recreation Facilities Fund
Charges for Services 31,500 31,500 -
Total Parks and Recreation Facilities Fund 31,500 31,500 - 252 - Narcotic Forfeiture/Seizure Fund
Fines and Forfeitures 20,000 20,000 -
Use of Money and Property 10,000 10,000 -
Total Narcotic Foreiture/Seizure Fund 30,000 30,000 -
254 - Subdivision Park Trust Fund
Other Revenues 350,000 750,000 400,000
Total Subdivision Park Trust Fund 350,000 750,000 400,000 Exhibit B - Page 4
Adopted
2023-2024
Revised
2023-2024
Inc / (Dec)
$
City of Redondo Beach
2023-2024 Midyear Revenue Adjustments
Fiscal Year 2023 - 2024
256 - Disaster Recovery Fund
Intergovernmental - - -
Charges for Services 1,000 - (1,000)
Other Revenue 50,000 19,788 (30,212)
Total Disaster Recovery Fund 51,000 19,788 (31,212)
Total Special Revenue Funds 34,102,753 37,329,134 3,226,381 300 - Capital Projects Fund
Taxes 180,000 180,000 -
Charges for Services 332,421 332,421 -
Other Revenue - - -
Transfers In - - -
Total Capital Projects Fund 512,421 512,421 -
302 - Open Space Acquisition Fund
Other Revenue - 156,324 156,324
Total Open Space Acquisition Fund - 156,324 156,324
Total Capital Projects Funds 512,421 668,745 156,324
Total Governmental Funds 140,457,495 146,822,615 8,116,047 Enterprise Funds
600 - Harbor Tidelands Fund
Fines and Forfeitures 7,200 2,000 (5,200)
Use of Money and Property 6,011,000 6,011,000 -
Charges for Services 929,992 929,992 -
Other Revenues 1,900 12,445 10,545
Total Harbor Tidelands Fund 6,950,092 6,955,437 5,345
601 - Harbor Uplands Fund
Fines and Forfeitures 15,300 - (15,300)
Use of Money and Property 4,429,000 4,429,000 -
Charges for Services 1,704,500 1,704,500 -
Other Revenues 200 200 -
Total Harbor Uplands Fund 6,149,000 6,133,700 (15,300)
Exhibit B - Page 5
Adopted
2023-2024
Revised
2023-2024
Inc / (Dec)
$
City of Redondo Beach
2023-2024 Midyear Revenue Adjustments
Fiscal Year 2023 - 2024
602 - Solid Waste Fund
Licenses and Permits 30,000 30,000 -
Intergovernmental 26,808 26,808 -
Charges for Services 6,752,764 6,752,764 -
Other Revenues 199,452 199,452 -
Total Solid Waste Fund 7,009,024 7,009,024 -
603 - Wastewater Fund
Use of Money and Property 300,000 300,000 -
Charges for Services 5,569,939 5,569,939 -
Other Revenues - - -
Total Wastewater Fund 5,869,939 5,869,939 -
216 - Transit Fund
Intergovernmental 3,627,372 3,627,372 -
Charges for Services 297,317 297,317 -
Other Revenue 500 500 -
Transfers In - - -
Total Transit Fund 3,925,189 3,925,189 -
Total Enterprise Funds 29,903,244 29,893,289 (9,955)
Internal Service Funds
700 - Self-Insurance Program Fund
Charges for Services 6,795,210 6,761,086 (34,124)
Total Self-Insurance Program Fund 6,795,210 6,761,086 (34,124) Exhibit B - Page 6
Adopted
2023-2024
Revised
2023-2024
Inc / (Dec)
$
City of Redondo Beach
2023-2024 Midyear Revenue Adjustments
Fiscal Year 2023 - 2024
701 - Vehicle Replacement Fund
Charges for Services 5,899,473 4,863,316 (1,036,157)
Other Revenues 72,500 78,670 6,170
Total Vehicle Replacement Fund 5,971,973 4,941,986 (1,029,987) 702 - Building Occupancy Fund
Charges for Services 7,438,069 3,316,655 (4,121,414)
Total Building Occupancy Fund 7,438,069 3,316,655 (4,121,414) 703 - Information Technology Fund
Charges for Services 3,687,376 4,243,192 555,816
Total Information Technology Fund 3,687,376 4,243,192 555,816 705 - Emergency Communications Fund
Charges for Services 4,065,711 2,554,415 (1,511,296)
Total Emergency Communications Fund 4,065,711 2,554,415 (1,511,296) 707 - Major Facilities Repair Fund
Charges for Services 110,546 110,546 -
Total Major Facilities Repair Fund 110,546 110,546 -
Total Internal Service Funds 28,068,885 21,927,880 (6,141,005) Total Proprietary Funds 57,972,129 51,821,169 (6,150,960) Grand Total 198,429,624 200,394,711 1,965,087
Exhibit B - Page 7