Attachment 1 – Estimated Fiscal Year 2024-25 General Fund and Non-General Funds Revenues and Expenditures
GENERAL FUND
FY 2024-25
ORIGINAL
BUDGET
FY 2024-25
REVISED
BUDGET
ESTIMATED
YEAR END
ACTUALS
VARIANCE
PROPERTY TAXES 57,597,487 57,597,487 55,064,108 96% SALES & USE TAX 60,456,550 60,901,150 59,619,633 98% UTILITY USERS TAX 62,092,359 62,092,359 63,825,320 103% OTHER TAXES 23,405,397 23,405,397 27,189,502 116% LICENSES, PERMITS & FEES 16,252,770 16,352,770 16,295,944 100% FINES & FORFEITURES 176,438 176,438 496,281 281% INTEREST INCOME 1,796,421 1,796,421 3,534,307 197% CHARGES FOR SERVICES 3,255,703 3,255,703 3,218,795 99% OTHER REVENUE 142,830 142,830 456,853 320% RENTAL INCOME 777,478 777,478 946,722 122% INTERGOVERMENT STATE TAXES 125,000 125,000 182,741 146% STATE GRANT 130,000 130,000 329,648 254% OTHER GRANT 250,000 250,000 550,914 220% PROCEEDS FROM SALE PROPERTY 15,000 15,000 32,814 219% LOAN/BOND PROCEEDS 40,400 40,400 - 0% OPERATING TRANSFERS IN 22,421,539 23,269,402 23,059,557 99% TOTAL REVENUES 248,935,372 250,327,835 254,803,138 102% SALARIES AND WAGES 95,236,672 93,491,716 90,279,931 97% PYRLL/FRINGE BENEFIT 70,666,262 70,627,111 71,473,537 101% PROFESSIONAL & ADMINISTRATIVE 20,378,340 23,108,323 18,423,301 80% OTHER OPERATING 8,862,886 7,436,604 7,602,966 102% UTILITIES 5,594,204 6,714,718 6,723,076 100% EQUIPMENT & CONTRACT SVCS 4,315,665 5,590,483 4,729,638 85% PROVISN FOR INSURANCE LOSS 35,500 35,892 34,392 96% COST POOL 23,400,598 24,750,598 24,700,598 100% ASSET/CAPITAL OUTLAY 2,502,328 4,108,413 3,027,375 74% DEBT SERVICE EXPENDITURE 850,905 851,647 852,862 100% A87 COST PLAN REIMBS (3,514,373) (3,294,171) (3,424,409) 104% GRANT EXPENDITURES 49,013 52,246 590 1% OPERATING TRANSFERS OUT 20,557,373 33,451,511 33,451,510 100% TOTAL EXPENSES 248,935,372 266,925,091 257,875,368 97%
GENERAL FUND NET
+SURPLUS/(-DEFICIT) - (16,597,256) (3,072,230)
Attachment 1 – Estimated Fiscal Year 2024-25 General Fund and Non-General Funds Revenues and Expenditures
Non-General Funds Revenue
FUND
FY 2024-25
ORIGINAL
BUDGET
FY 2024-25
REVISED
BUDGET
ESTIMATED
YEAR END
ACTUALS
VARIANCE
1002 STATE GAS TAX 3,173,758 3,173,758 3,328,027 105% 1004 ASSET SEIZURE FUND - - 4,524 100% 1006 OUTSIDE FUNDED SVCS - GRA 25,105,372 29,908,499 12,900,011 43% 1019 ROAD MAINT & REHAB ACCT ( 2,966,001 2,966,001 3,369,580 114% 1054 ENGINEERING GRANTS 23,035,726 28,019,829 6,189,025 22% 2001 GENERAL CAPITAL FUND 8,182,000 20,076,138 22,371,680 111% 2002 MEASURE J 1,527,861 1,527,861 2,428,635 159% 2007 HARBOR FUND - - 2,204 100% 2110 IMPACT FEE - PARKS - 23,760 40,207 169% 2111 IMPACT FEE - TRAFFIC - 112,176 236,926 211% 2113 IMPACT FEE - FIRE - 19,643 81,676 416% 2114 IMPACT FEE - POLICE - 16,301 57,669 354% 2115 IMPACT FEE - COMM/AQUATC - 68,761 157,301 229% 2116 IMPACT FEE - PARKS/OPEN - 287,250 626,300 218% 2117 IMPACT FEE - LIBRARY - 77,853 216,963 279% 2118 IMPACT FEE - HILLTOP - - 1,530 100% 2119 IMPACT FEE - STORM DRAINA - 29,416 88,211 300% 2120 IMPACT FEE - WASTEWATER - 6,243 131,367 2104% Total Capital Improvement Fund 63,990,718 86,313,489 52,231,835 61% 3001 DS - 2005 TAXABLE POB 8,431,249 8,431,249 8,448,510 100% 3002 DS - 99A PENSION OBLIG BO - - 3,438 100% 3005 DS - 07 REFNDING&CVC CTR 7,730,251 7,730,251 7,882,553 102% Total Debt Service Funds 16,161,500 16,161,500 16,334,501 101% 4001 PORT OF RICHMOND 7,164,502 8,764,002 6,979,460 80% 4003 WASTEWATER 30,530,000 30,530,000 36,830,605 121% 4005 MARINA 450,000 450,000 819,798 182% 4006 STORMWATER 3,508,344 3,508,344 3,713,426 106% 4008 KCRT - CABLE TELEVIS 1,250,000 1,250,000 769,275 62% Total Enterprise Funds 42,902,846 44,502,346 49,112,564 110% 1200 HOUSING ADMINISTRATION 630,805 630,805 693,801 110% 1201 CDBG 311,348 311,348 128,215 41% 1202 HOME PROGRAM 5,184 5,184 20,916 403% 1203 NEIGHBORHOOD STAB(NP) 15,000 31,600 16,600 53% 1207 COR-NEIGHBORHOOD STAB(CIT 133,664 133,664 - 0% 1208 COR-SUCCESSOR HOUSING AGE 236,067 236,067 316,115 134% 1209 CAL-HOME GRANT FUND 191,588 191,588 241,686 126% 1302 HOUSNG IN LIEU FEE - DEVE 733,422 733,422 275,868 38% 2125 IRON TRIANGLE/EPA PROGRAM 445,041 445,041 245,799 55% Total Housing Funds 2,702,120 2,718,720 1,939,000 71% 4101 RHA-HSNG CHOICE VOUCHER-SEC 8 - - - 100% 4201 RHA-CAPITAL FUND 1,463,024 1,463,024 1,226,610 84% 4401 RHA-HACIENDA 83,804 83,804 - 0% 4404 RHA-NEVIN PLAZA 577,843 577,843 402,641 70% 4405 RHA-NYSTROM VILLAGE 1,955,748 1,955,748 1,356,086 69% 4406 RHA-RICHMOND VILLAGE ONE 192,086 192,086 179,515 93% 4407 RHA-RICHMOND VILLAGE TWO 135,616 135,616 142,657 105% 4408 RHA-RICHMOND VILLAGE THRE 61,959 61,959 66,667 108% 4501 RHA-CENTRAL OFFICE COST C 201,725 201,725 494,301 245% 4502 RHA-HOUSING CORPORATION 5,000 5,000 90,590 1812% Total Housing Authority Funds 4,676,806 4,676,806 3,959,067 85%
Attachment 1 – Estimated Fiscal Year 2024-25 General Fund and Non-General Funds Revenues and Expenditures
Non-General Funds Revenue
FUND
FY 2024-25
ORIGINAL
BUDGET
FY 2024-25
REVISED
BUDGET
ESTIMATED
YEAR END
ACTUALS
VARIANCE
5001 INSURANCE RESERVES 27,841,923 27,711,125 30,923,467 112% 5003 EQUIPMENT SERVICES 6,008,264 7,308,264 7,263,674 99% 5008 COMPENSATED ABSENCES 3,000,000 3,000,000 3,113,414 104% Total Internal Service Funds 36,850,188 38,019,390 41,300,555 109% 1003 TRANSPORTATION OPERATION 860,000 860,000 1,109,336 129% 1012 HILLTOP LANDSCAPE MAINT D 1,401,400 1,401,400 1,402,634 100% 1015 MARINA BAY LNDSCP & LIGHT 1,221,409 1,221,409 1,263,989 103% 1050 CR-PLANNING & BUILDING 11,996,739 13,094,239 10,444,673 80% 1205 EMPLOYMENT & TRAINING 8,536,132 8,636,660 3,474,609 40% Total Other Operations Funds 24,015,680 25,213,708 17,695,242 70% 1001 SECURED PENSION OVERRIDE 28,502,143 28,502,143 28,292,298 99% 1005 LIBRARY FUND 1,318,448 1,320,265 459,519 35% 1007 EMERGENCY MED SERV 215,586 215,586 2,776 1% 1009 VEOLIA MITIGATION 25,000 25,000 41,122 164% 1010 N.RICHMOND WASTE 150,040 150,040 96,821 65% 1011 OUTSIDE FUNDED SVCS - DON - - 326 100% 1013 HAZMAT FUND - - - - 1017 CHEVRON MODERNIZATN PROJ - - 775,101 100% 1018 RENT CONTROL 3,689,402 3,679,402 3,217,985 87% 1055 ENCROACHMENT SVCS 1,190,000 1,190,000 1,495,743 126% 1303 KIDS FIRST INITIATIVE 7,575,272 7,575,272 8,037,504 106% 1304 EMERGENCY OPE & DISASTR R 75,000 75,000 81,791 109% 1305 PUBLIC ART 400,000 753,475 850,124 113% 1306 AMERICAN RESCUE PLAN ACT - - 877,988 100% 1307 TRANSFORMATIVE CLIMATE GRANT 15,266,250 15,416,250 3,180,077 21% 1308 ENCAMPMENT RESOLUTION FUND 4,301,294 4,301,294 2,594,139 60% 1309 ENCAMPMENT RESOLUTION FUND-3-R - 9,336,746 12,516 0% 1405 HOMEKEY PROGRAM, NOFA, ROUND 3 - 14,512,660 6,948,767 48% Total Special Revenue Funds 62,708,434 87,053,132 56,964,597 65% Total All Funds 254,008,291 304,659,089 239,537,360 79%
Attachment 1 – Estimated Fiscal Year 2024-25 General Fund and Non-General Funds Revenues and Expenditures
Non-General Funds Expenditures
FUND
FY 2024-25
ORIGINAL
BUDGET
FY 2024-25
REVISED
BUDGET
ESTIMATED
YEAR END
ACTUALS
VARIANCE
1002 STATE GAS TAX 3,297,758 3,520,052 2,922,051 83% 1004 ASSET SEIZURE FUND 170,000 170,000 - 0% 1006 OUTSIDE FUNDED SVCS - GRA 14,071,856 24,767,455 16,671,998 67% 1019 ROAD MAINT & REHAB ACCT ( 5,871,845 7,475,193 3,513,717 47% 1054 ENGINEERING GRANTS 17,123,837 29,163,478 9,573,729 33% 2001 GENERAL CAPITAL FUND 23,511,934 42,203,241 11,015,026 26% 2002 MEASURE J 2,922,280 4,080,349 1,528,420 37% 2007 HARBOR FUND - - - - 2110 IMPACT FEE - PARKS - 15,000 940 6% 2111 IMPACT FEE - TRAFFIC - 29,608 14,969 51% 2113 IMPACT FEE - FIRE 65,000 65,000 2,338 4% 2114 IMPACT FEE - POLICE - - 767 - 2115 IMPACT FEE - COMM/AQUATC - - 3,671 - 2116 IMPACT FEE - PARKS/OPEN 500,000 500,000 102,420 20% 2117 IMPACT FEE - LIBRARY 1,798,062 1,798,062 87,929 5% 2118 IMPACT FEE - HILLTOP - - - - 2119 IMPACT FEE - STORM DRAINA - - 1,081 - 2120 IMPACT FEE - WASTEWATER 250,000 922,196 157,518 17% Total Capital Improvement Fund 69,582,572 114,709,634 45,596,574 40% 3001 DS - 2005 TAXABLE POB 8,431,249 8,431,249 8,431,859 100% 3002 DS - 99A PENSION OBLIG BO 5,500 5,500 5,317 97% 3005 DS - 07 REFNDING&CVC CTR 7,825,088 7,825,088 7,826,074 100% Total Debt Service Funds 16,261,836 16,261,836 16,263,249 100% 4001 PORT OF RICHMOND 8,344,473 10,188,023 3,970,687 39% 4003 WASTEWATER 63,142,603 79,041,366 39,357,594 50% 4005 MARINA 1,206,523 1,206,818 369,501 31% 4006 STORMWATER 2,702,367 4,062,567 3,258,038 80% 4008 KCRT - CABLE TELEVIS 1,221,452 1,221,452 1,270,892 104% Total Enterprise Funds 76,617,418 95,720,227 48,226,712 50% 1200 HOUSING ADMINISTRATION 704,672 704,672 232,099 33% 1201 CDBG 816,553 816,553 63,561 8% 1202 HOME PROGRAM - - - - 1203 NEIGHBORHOOD STAB(NP) 30,169 46,769 46,169 99% 1207 COR-NEIGHBORHOOD STAB(CIT 6,753 6,753 2,377 35% 1208 COR-SUCCESSOR HOUSING AGE 1,679,197 1,679,197 178,997 11% 1209 CAL-HOME GRANT FUND 416,869 416,869 22,829 5% 1302 HOUSNG IN LIEU FEE - DEVE 1,732,660 1,732,660 853,517 49% 2125 IRON TRIANGLE/EPA PROGRAM 434,954 695,396 480,428 69% Total Housing Funds 5,821,825 6,098,867 1,879,976 31% 4101 RHA-HSNG CHOICE VOUCHER-SEC 8 - - 43,839 - 4201 RHA-CAPITAL FUND 1,463,024 1,463,024 1,138,663 78% 4401 RHA-HACIENDA 83,804 83,804 9,392 11% 4404 RHA-NEVIN PLAZA 577,843 577,843 29,112 5% 4405 RHA-NYSTROM VILLAGE 1,955,748 1,955,748 1,690,114 86% 4406 RHA-RICHMOND VILLAGE ONE 192,086 192,086 179,204 93% 4407 RHA-RICHMOND VILLAGE TWO 135,616 135,616 142,382 105% 4408 RHA-RICHMOND VILLAGE THRE 61,959 61,959 66,557 107% 4501 RHA-CENTRAL OFFICE COST C 201,725 201,725 182,317 90% 4502 RHA-HOUSING CORPORATION 14,050 14,050 5,600 40% Total Housing Authority Funds 4,685,856 4,685,856 3,487,180 74%
Attachment 1 – Estimated Fiscal Year 2024-25 General Fund and Non-General Funds Revenues and Expenditures
Non-General Funds Expenditures
FUND
FY 2024-25
ORIGINAL
BUDGET
FY 2024-25
REVISED
BUDGET
ESTIMATED
YEAR END
ACTUALS
VARIANCE
5001 INSURANCE RESERVES 33,425,408 33,710,579 30,953,878 92% 5003 EQUIPMENT SERVICES 6,311,018 10,377,372 8,556,250 82% 5008 COMPENSATED ABSENCES 3,000,000 3,000,000 2,322,843 77% Total Internal Service Funds 42,736,426 47,087,951 41,832,970 89% 1003 TRANSPORTATION OPERATION 1,321,476 1,520,476 1,377,631 91% 1012 HILLTOP LANDSCAPE MAINT D 1,397,132 1,397,132 1,456,391 104% 1015 MARINA BAY LNDSCP & LIGHT 1,177,940 1,177,940 1,049,457 89% 1050 CR-PLANNING & BUILDING 15,371,960 17,635,008 13,225,570 75% 1205 EMPLOYMENT & TRAINING 8,536,132 9,222,388 5,732,271 62% Total Other Operations Funds 27,804,640 30,952,944 22,841,319 74% 1001 SECURED PENSION OVERRIDE 28,502,143 28,502,143 28,292,298 99% 1005 LIBRARY FUND 408,634 1,031,906 942,168 91% 1007 EMERGENCY MED SERV 215,586 215,586 117,265 54% 1009 VEOLIA MITIGATION 100,000 100,000 - 0% 1010 N.RICHMOND WASTE 125,040 125,040 3,270 3% 1011 OUTSIDE FUNDED SVCS - DON - - - - 1013 HAZMAT FUND - - - - 1017 CHEVRON MODERNIZATN PROJ 11,150,581 12,504,360 4,584,941 37% 1018 RENT CONTROL 3,589,402 3,579,402 3,460,619 97% 1055 ENCROACHMENT SVCS 1,154,448 1,154,448 819,432 71% 1303 KIDS FIRST INITIATIVE 7,006,601 7,006,726 3,955,015 56% 1304 EMERGENCY OPE & DISASTR R - 228,200 23,564 10% 1305 PUBLIC ART 1,364,109 2,217,584 126,270 6% 1306 AMERICAN RESCUE PLAN ACT 15,826,994 20,794,883 11,406,124 55% 1307 TRANSFORMATIVE CLIMATE GRANT 14,822,830 18,170,244 7,162,611 39% 1308 ENCAMPMENT RESOLUTION FUND 4,301,294 6,098,959 3,489,677 57% 1309 ENCAMPMENT RESOLUTION FUND-3-R - 9,336,746 - 0% 1405 HOMEKEY PROGRAM, NOFA, ROUND 3 - 14,512,660 6,948,767 48% Total Special Revenue Funds 88,567,660 125,578,887 71,332,021 57% Total All Funds 332,078,233 441,096,203 251,460,002 57%