Redondo Beach City Council
October 15, 2024

Estimated Available Fund Balance 6/30/24 - Before Constraints $ 27,100,000
Nonspendable Items
Prepaid Costs (135,578)
Notes and Loans (15,616)
Total Nonspendable (151,194)
Committed Items
Policy-Designated Contingency
(8.33% of FY 2023-24 Adopted Budget) (8,599,208)
Total Committed Items (8,599,208)
Balance after Mandatory Designations/Transfers 18,349,598 Assigned Items
Staff Recommended Assigned Items
Encumbrances (2,130,355)
Petty Cash (10,450)
Compensated Absences (785,832)
Assignments included in the FY 2024-25 Adopted Budget (8,691,279) Carryover Assignments (6,374,435)
Total Assigned Items (17,992,351)
Remaining Available Unassigned Fund Balance 357,248
General Fund Constraints
FY 2023-24
(In Accordance with GASB 54)
Attachment 1 - General Fund Constraints