Estimated Revenue, Spending, and Fund Balance Changes : Table of Contents Fund Balance Summary 1 of 3: Starting Fund Balance and Revenue Starting Fund Revenue with Transfers In with Total Revenue with Fund Name Balance
General Fund Decision Pages Declion Packages Decision Past 1,08 129,571,065 1,385,358 128,889,836|
(State Gas Tax 6,068,877 4,025,956 4,025,956
Storm Drain Improvement 99,130 30,000 30,000
(st Landscaping/ Lighting 1,530,600 2,634,551
Local Transport Article 3 : 80,698 80,698
1,147,034 1,435,427 1,435,427
1 Prop A Local Trans Tax 2,056,471 2,023,365 2,023,365
Prop C Local Trans Tax 1,396,696 1,773,444 1,773,444L
545,611 1,255,083 1,255,083l
Measure W 3,338,994 720,000 720,000|
Air Quality Improvement 70,506 90,000 90,000
1 Intergovernmental Grants 160,000 160,000
Comm Develop Block Grant 62,650
Housing Authority (City) 2,433,390 8,737,139 8,737,139
142,103 31,500 31,500|
Narcotic Forfeiture/ Seizure 84,964 85,000 85,000l
Subdivision Park Trust 889.471 3,000,000 3,000,000l
Disaster Recovery 511,644 51,000 51,000
KalPERS Reserve 4,475,721
5 Opioid Settlement 508.205
4 Capital Projects 819,807 370,518 370,518
4 Major Facilities Reconstruction
Open Space Acquisition 540,181
2 Harbor Tidelands 7,774,303 7,774,303
2 Harbor Uplands 7,153,400 7,153,400
Solid Waste 1,670,074 7,717,574 7,717,574
Wastewater 4,598,303 5,861,796 5,861,796
Transit 3,230,281 4.367,653l 7,597,934l
Self-Insurance Program 8,776,731 10,370,751 10,370,751
Vehicle Replacement 6,482,600 5,636,669 5,636,669
3 Building Occupancy 4,002,861 4,002,861l
3 Information Technology 5,123,759 5,123,759
Emergency Communications 731,308 3,930,857 3,930,857
Major Facilities Repair 495,896 251,044 251,044
1 Redevelopment Agency (City) 84,807 84,807
5 Deposits Fund 755,000
Measure FP (NEW) 92,879,200 92,879,200|
TOTAL BEFORE ADJUSTMENTS 50,086,727 308,306,868 6,152,833 314,459,701| Less Internal Services/ Overhead (45,115,375) (45,115,375) TOTAL CITY 50,086,727 263,191,493 6, 152,833/ 269,344,326|
OTHER ENTITIES/ RESTRICTED USE
7 Housing Authority 695,930 695,930|
7 Public Financing Authority 1.722,195 273,975 15.560.570 15,834,545 → Redevelopment Agency 1,206,686 1,206,686
7 Housing Successor Agency 2,247,800 64,000 64,000
TOTAL OTHER ENTITIES 3,969,995 2,240,591 15,560,570 17,801,161l TOTAL ALL FUNDS 54,056,722 265,432,084 21,713,403 2,871,454 City of Redondo Beach | FY 2026-27 Proposed Budget Page 4 Estimated Revenue, Spending, and Fund Balance Changes : Table of Contents Fund Balance Summary 2 of 3: Starting Fund Balance and Spending Total Expenditure
Starting Fund Expenditure with Transfers Out with with Decision Fund Name Balance Decision Packages Decision Packages Packages Proposed Capital General Fund 1,385,358 (118,433,287) (12,523,137) (130,956, 423)| 6,068,877 (1,384,572) (1,384,572) (1,900,000)
99,130 (129,000)
St Landscaping/ Lighting (2,634,551) 12834,551
Local Transport Article 3 (54,511))
1,147,034 (2,450,000)|
1 Prop A Local Trans Tax 2,056,471 (4,367,653) (4,367,653) 1,396,696 (1,250,000)
545,611 (1,700,000)
Measure W (425,998) (425,98) (2,956,500)/
3,338,994
Air Quality Improvement 70,506 (118,575) (118,575))
2 Intergovernmental Grants (265,229) (265,229) (17,788,734)| Comm Develop Block Grant 62,650
2,433,390 (7,800,629) (7,800,629)
142,103 (135,000)/
84,964 (77,746) (77,746)|
Subdivision Park Trust 889,471 (17.060) (3,515,000)
511,644 (17,060)
4,475,721
5 Opioid Settlement 508,205
4 Capital Projects 819,807 (196,319) (196,319)| (835,518) Major Facilities Reconstruction
540,181
(7,256,792) (568,601) (7,825,393)
(6,134.016) (1,843,367) (7,977,383)
1,670,074 (7,623,160) (73,368) (7,696,528) (800,000))
4,598,303 (4,161,210) (191,281)) (4,352,491) (3,585,000) (7,533,737) (64,197) (7,597,934)|
8,776,731 (9,532,312) (10,481)) (9,542,793)
6,482,600 (4,780,381) (73,368) (4,853,749) (25,000)
(3,915,381) (151,976) (4,067,357)
(5,088,058 (150,666) (5,238,724)
731,308 (3,647,026) (209,622) (3,856,648)
495,896 (300,000)
(105,877) (105,877)
755,000
(92,879,200)/
50,086,727 (191,131,913) (20,227,717)| (211,359,630) (130,303,463) Less Internal Services/ Overhead 45,115,375 45,115,375
TOTAL CITY 50,086,727 (146,016,538) (20,227,717)| (166,244,255)| (130,303,463)
OTHER ENTITIES/ RESTRICTED USE
7 Housing Authority (1,200,307) (1,200,307)
7 Public Financing Authority 1,722,195 (15,030,087) 1.20 67) (15,030,087)| 7 Redevelopment Agency (217,891) (1,424,578))
7 Housing Successor Agency 2,247,800 (150,000) (279,000)| (429,000)| TOTAL OTHER ENTITIES 3,969,995 (16,598,285) (1,485,687)| (18,083,972) TOTAL ALL FUNDS 54,056,722 (162,614,823) (21,713,404)) (184,328,227) (130,303,463) City of Redondo Beach | FY 2026-27 Proposed Budget Page 6 Estimated Revenue, Spending, and Fund Balance Changes : Table of Contents Fund Balance Summary 3 of 3: Total with Starting and Ending Balance Est Ending Fund
Total Expenditure Balance with
Starting Fund Total Revenue with with Decision Decision Packages Fund Name Balance Decision Packages Packages Proposed Capital & Capital General Fund 1,385,358 129,571,065 (130,956,423
6,068,877 4,025,956l (1,384,572)| (1,900,000) 6,810,261 Storm Drain Improvement 99,130l 30,000 (129,000) 130
(st Landscaping/ Lighting 2,634,551 (2.634,551))
Local Transport Article 3 80,698 (54,511)/ 26,187l
1,147,034l 1,435,427| 14357853) (2,450,000)/ 132,461|
1 Prop A Local Trans Tax 2,056,471 2,023,365 (287,817)| 1,773,444l 11.250.000) 1,920, 140)
1,396,696|
Measure R 545,611| 1,255,083 (1,700,000)| 100,694
Measure W 3,338,994| 720,000 (425,998) (2,956,500)) 676,496 Air Quality Improvement 70,506l 90,000 118,575) 41,931| 1 Intergovernmental Grants 160,000 (265,229)| (17,788,734) (17,893,963) Komm Develop Block Grant 62,650 62,650l
Housing Authority (City) 2,433,390| 8,737,139 (7,800,629)| 3,369,900l Parks/Rec Facilities 142,103 31,500 (135,000) 38,603
Narcotic Forfeiture/ Seizure 84,964 85,000 (77,746)| 92,218 Subdivision Park Trust 889,471 3,000,000 (3,515,000) 374,471| Disaster Recovery 511,644 51,000 (17,060)) 545,584
CaPERS Reserve 4,475,721| 4,475,721
5 Opioid Settlement 508,205 508,205
4 Capital Projects 819,807 370,518 (196,319 (835,518) 158,489 Major Facilities Reconstruction
4 Open Space Acquisition 540,181 540,181
2 Harbor Tidelands 7,774,303 (7,825,393) (51,090)/
2 Harbor Uplands 7,153,400 (7,977,383) (823,983)|
Solid Waste 1,670,074 7,717,574 (7,696,528) (800,000) 891,121 Wastewater 4,598,303 5,861,796 (4,352,491) (3,585,000) 2,522,609 Transit 7,597,934 (7,597,934)
Self-Insurance Proaram 8,776,731| 10,370,751 (9,542,793) 91604,688 Vehicle Replacement 6,482,600 5,636,669 (4,853,749) (25,000) 7,240,521| Building Occupancy 4,002,861 (4,067,357) (64,496)
3 Information Technoloav 5,123,759 (5,238,724) (114,965) 3 Emergency Communications 731,308 3,930,857 (3,856,648 805,517 Maior Facilities Repair 495,896| 251,044 (300,000) 446,940 1 Redevelopment Agency (City 84,807 (105,877)) (21,070)| 5 Deposits Fund 755,000L 755,000
MEASLEEP EASTMENTS 92,879,200| (92,879,200)|
50,086,727 314,459,701 (211,359,630)/ (130,303,463) 22,883,335 Less Internal Services/ Overhead (45,115,375) 45,115,375 TOTAL CITY 50,086,727 269,344,326 166,244,255 (130,303,463) 22,883,335
OTHER ENTITIES/ RESTRICTED USE
7 Housing Authority 695,930 (1,200,307)| (504,377)|
7 Public Financing Authority 1,722,195 15,834,545 (15,030,087)| 2,526,653l 7 Redevelopment Agency 1,206,686l (1,424,578)| (217,892)| 7 Housing Successor Agency 2,247,800| 64,000l (429,000) 1,882,800 TOTAL OTHER ENTITIES 3,969,995 17,801,161| (18,083,972) 3.687,184 TOTAL ALL FUNDS 54,056,722 287,145,487 (184,328,227) (130,303,463)| 26,570,519 City of Redondo Beach | FY 2026-27 Proposed Budget Page 8 Estimated Revenue, Spending, and Fund Balance Changes E Table of Contents Fund Balance Table Footnotes
1. Negative annual balance reflects reimbursement timing.
2. Staff will evaluate for year-end subsidy if needed, based on actual spending and revenue receipt
3. Staff will evaluate need for additional contribution with midyear internal service fund evaluation
4. Funds with balances potentially available for reprogramming
5. The Deposit Fund is to record funds that the City collects and then refunds. The City does not budget for this fund as the purpose is to hold funds for reimbursement.
6. The Opioid Settlement fund is a newly created fund to track and manage restricted use funds received related to opioid settlements. There is currently no budgeted revenue or expenditure, reflecting that the City cannot reliably predict settlement revenue, and does not have an established spending plan. The City is in the process of confirming eligible uses with fund administrators, and will request funds appropriation upon confirmation.
7. The Housing Authority, Public Financing Authority, Redevelopment Agency, and Housing Successor Agency (Low- Moderate Income Housing) funds are used to manage assets held separately from the City's accounts for specific purposes. The Public Financing Authority, Redevelopment Agency, and Housing Successor Agency Funds are related to the assets of the former Redevelopment Agency of the City of Redondo Beach.
City of Redondo Beach | FY 2026-27 Proposed Budget Page 10