Attachment 1 – Estimated Fiscal Year 2025-26 General Fund and Non-General Funds Revenues and Expenditures
GENERAL FUND
FY 2025-26
ORIGINAL
BUDGET
FY 2025-26
REVISED
BUDGET
ESTIMATED
YEAR-END
ACTUALS
VARIANCE
($)
VARIANCE
(%)
Property Taxes 58,329,291 58,329,291 56,545,101 (1,784,190) 97% Sales & Use Tax 60,163,807 60,163,807 62,491,119 2,327,312 104% Utility Users Tax 64,943,670 66,351,265 64,214,658 (2,136,607) 97% Other Taxes 28,399,659 28,399,659 27,606,047 (793,612) 97% Licenses, Permits & Fees 17,274,036 17,274,036 18,277,250 1,003,214 106% Fines & Forfeitures 200,000 200,000 1,382,583 1,182,583 691% Interest Income 3,030,545 3,030,545 4,715,902 1,685,357 156% Charges For Services 3,724,495 3,724,495 3,190,694 (533,801) 86% Other Revenue 50,167,500 50,172,000 50,770,164 598,164 101% Rental Income 791,157 791,157 879,227 88,070 111% Intergovernmental State Taxes 150,000 150,000 177,196 27,196 118% Intergovernmental State Grant 180,000 180,000 321,295 141,295 178% Intergovernmental Other Grant 290,000 290,000 339,958 49,958 117% Proceeds From Sale of Property 15,000 15,000 476 (14,524) 3% Loan/Bond Proceeds 40,400 40,400 - (40,400) 0% Operating Transfers In 20,853,959 20,853,959 20,853,959 - 100% Total Revenues 308,553,519 309,965,614 311,765,629 1,800,016 101% Salaries & Wages 96,762,515 96,425,274 98,979,548 2,531,149 103% Fringe Benefits 74,157,128 74,764,599 77,701,272 2,873,675 104% Professional & Administrative 26,354,296 27,974,418 19,086,088 (8,912,524) 68% Other Operating 9,511,051 8,675,106 7,457,923 (1,091,018) 87% Utilities 7,265,830 7,998,991 7,774,128 (222,853) 97% Equipment & Contract Services 5,513,366 5,134,326 4,284,295 (822,114) 84% Provision for Insurance Loss 46,500 46,500 41,058 (5,442) 88% Cost Pool 21,145,184 21,145,184 21,145,184 - 100% Asset/Capital Outlay 2,842,986 3,908,111 3,531,275 (422,611) 89% Debt Service Expenditure 775,647 775,647 775,694 46 100% Cost Plan Reimbursement (3,362,171) (3,362,171) (3,498,921) (136,750) 104% Grant Expenditures 34,497 - (1,817) (1,817) - Transfers Out 19,006,690 31,107,929 31,107,929 - 100% Total Expenditures 260,053,519 274,593,913 268,383,655 (6,210,258) 98% General Fund Year-End Adjustments: 3,147,617
GENERAL FUND NET
+SURPLUS/(-DEFICIT) 48,500,000 35,371,701 40,234,357
Attachment 1 – Estimated Fiscal Year 2025-26 General Fund and Non-General Funds Revenues and Expenditures
Non-General Funds Revenue
FUND
FY 2025-26
ORIGINAL
BUDGET
FY 2025-26
REVISED
BUDGET
ESTIMATED
YEAR END
ACTUALS
VARIANCE
($)
VARIANCE
(%)
1002 STATE GAS TAX 3,249,250 3,249,250 3,272,115 (22,865) 100.7% 1004 ASSET SEIZURE FUND - - 8,112 (8,112) 100.0% 1006 OUTSIDE FUNDED SVCS - GRA 14,808,272 49,670,025 6,849,754 42,820,270 13.8% 1019 ROAD MAINT & REHAB ACCT ( 3,040,843 3,040,843 3,368,399 (327,556) 110.8% 1054 ENGINEERING GRANTS 29,351,245 29,448,756 2,887,748 26,561,008 9.8% 2001 GENERAL CAPITAL FUND 1,737,759 14,227,428 15,815,565 (1,588,138) 111.2% 2002 MEASURE J 2,823,258 2,823,258 2,265,457 557,801 80.2% 2007 HARBOR FUND - - 1,410 (1,410) 100.0% 2110 IMPACT FEE - PARKS - - 9,625 (9,625) 100.0% 2111 IMPACT FEE - TRAFFIC - - 71,695 (71,695) 100.0% 2113 IMPACT FEE - FIRE - - 7,328 (7,328) 100.0% 2114 IMPACT FEE - POLICE - - 25,358 (25,358) 100.0% 2115 IMPACT FEE - COMM/AQUATC - - 46,011 (46,011) 100.0% 2116 IMPACT FEE - PARKS/OPEN - - 190,574 (190,574) 100.0% 2117 IMPACT FEE - LIBRARY - - 77,068 (77,068) 100.0% 2118 IMPACT FEE - HILLTOP - - 976 (976) 100.0% 2119 IMPACT FEE - STORM DRAINA - - 36,107 (36,107) 100.0% 2120 IMPACT FEE - WASTEWATER - - 73,611 (73,611) 100.0% Total Capital Improvement Fund 55,010,627 102,459,559 35,006,915 67,452,644 34.2% 3001 DS - 2005 TAXABLE POB 11,411,249 11,411,249 11,424,567 (13,319) 100.1% 3002 DS - 99A PENSION OBLIG BO - - 2,053 (2,053) 100.0% 3005 DS - 07 REFNDING&CVC CTR 7,731,726 7,731,726 7,875,467 (143,741) 101.9% Total Debt Service Funds 19,142,975 19,142,975 19,302,088 (159,113) 100.8% 4001 PORT OF RICHMOND 8,769,450 9,625,060 7,114,874 2,510,186 73.9% 4003 WASTEWATER 32,179,000 32,179,000 35,041,372 (2,862,372) 108.9% 4005 MARINA 450,000 450,000 720,630 (270,630) 160.1% 4006 STORMWATER 2,395,071 12,645,071 2,157,549 10,487,522 17.1% 4008 KCRT - CABLE TELEVIS 860,441 860,441 496,430 364,011 57.7% Total Enterprise Funds 44,653,962 55,759,572 45,530,855 10,228,717 81.7% 1200 HOUSING ADMINISTRATION 674,284 674,284 783,278 (108,995) 116.2% 1201 CDBG 206,724 206,724 69,388 137,336 33.6% 1202 HOME PROGRAM 5,731 5,731 4,846 885 84.6% 1203 NEIGHBORHOOD STAB(NP) 15,000 15,000 - 15,000 0.0% 1207 COR-NEIGHBORHOOD STAB(CIT 133,664 133,664 - 133,664 0.0% 1208 COR-SUCCESSOR HOUSING AGE 354,603 354,603 180,673 173,930 51.0% 1209 CAL-HOME GRANT FUND 214,220 214,220 157,801 56,418 73.7% 1302 HOUSNG IN LIEU FEE - DEVE 305,969 305,969 16,809 289,160 5.5% 2125 IRON TRIANGLE/EPA PROGRAM 199,056 199,056 110,251 88,805 55.4% Total Housing Funds 2,109,250 2,109,250 1,323,047 786,203 62.7% 4101 RHA-HSNG CHOICE VOUCHER-SEC 8 - - - - - 4201 RHA-CAPITAL FUND 1,482,029 1,482,029 1,555,022 (72,993) 104.9% 4401 RHA-HACIENDA 30,000 30,000 - 30,000 0.0% 4404 RHA-NEVIN PLAZA 129,940 129,940 72,848 57,092 56.1% 4405 RHA-NYSTROM VILLAGE 2,148,016 2,148,016 1,987,684 160,332 92.5% 4406 RHA-RICHMOND VILLAGE ONE 160,888 160,888 115,489 45,399 71.8% 4407 RHA-RICHMOND VILLAGE TWO 122,268 122,268 87,766 34,502 71.8% 4408 RHA-RICHMOND VILLAGE THRE 53,392 53,392 38,327 15,065 71.8% 4501 RHA-CENTRAL OFFICE COST C 353,717 353,717 477,375 (123,658) 135.0% 4502 RHA-HOUSING CORPORATION 5,000 5,000 69,068 (64,068) 1381.4% Total Housing Authority Funds 4,485,250 4,485,250 4,403,578 81,672 98.2%
Attachment 1 – Estimated Fiscal Year 2025-26 General Fund and Non-General Funds Revenues and Expenditures
Non-General Funds Revenue
FUND
FY 2025-26
ORIGINAL
BUDGET
FY 2025-26
REVISED
BUDGET
ESTIMATED
YEAR END
ACTUALS
VARIANCE
($)
VARIANCE
(%)
5001 INSURANCE RESERVES 27,753,627 27,753,627 29,835,519 (2,081,892) 107.5% 5003 EQUIPMENT SERVICES 3,966,439 3,966,439 3,944,379 22,060 99.4% 5008 COMPENSATED ABSENCES 3,000,000 3,000,000 3,091,738 (91,738) 103.1% Total Internal Service Funds 34,720,066 34,720,066 36,871,636 (2,151,570) 106.2% 1003 TRANSPORTATION OPERATION 1,251,584 1,251,584 1,117,086 134,498 89.3% 1012 HILLTOP LANDSCAPE MAINT D 1,443,442 1,443,442 1,445,222 (1,780) 100.1% 1015 MARINA BAY LNDSCP & LIGHT 1,258,051 1,258,051 1,290,406 (32,355) 102.6% 1050 CR-PLANNING & BUILDING 11,908,631 13,408,631 9,183,942 4,224,689 68.5% 1205 EMPLOYMENT & TRAINING 3,395,502 8,509,359 6,734,236 1,775,122 79.1% Total Other Operations Funds 19,257,210 25,871,067 19,770,892 6,100,175 76.4% 1001 SECURED PENSION OVERRIDE 29,476,695 29,476,695 29,076,789 399,906 98.6% 1005 LIBRARY FUND 9,420,677 9,629,527 5,539,824 4,089,702 57.5% 1007 EMERGENCY MED SERV - 216,000 222,144 (6,144) 102.8% 1009 VEOLIA MITIGATION 25,000 25,000 29,858 (4,858) 119.4% 1010 N.RICHMOND WASTE 130,040 130,040 242,552 (112,512) 186.5% 1011 OUTSIDE FUNDED SVCS - DON - - 209 (209) 100.0% 1013 HAZMAT FUND - - - - - 1017 CHEVRON MODERNIZATN PROJ - - 402,572 (402,572) 100.0% 1018 RENT CONTROL 3,999,373 3,999,373 3,653,422 345,951 91.3% 1055 ENCROACHMENT SVCS 1,215,000 1,215,000 1,647,486 (432,486) 135.6% 1303 KIDS FIRST INITIATIVE 8,546,616 8,546,616 8,968,282 (421,666) 104.9% 1304 EMERGENCY OPE & DISASTR R 75,000 75,000 83,286 (8,286) 111.0% 1305 PUBLIC ART 473,853 491,104 855,128 (364,024) 174.1% 1306 AMERICAN RESCUE PLAN ACT - - 330,745 (330,745) 100.0% 1307 TRANSFORMATIVE CLIMATE GRANT 21,126,452 21,276,452 3,041,857 18,234,594 14.3% 1308 ENCAMPMENT RESOLUTION FUND 1,696,703 1,696,703 506,536 1,190,167 29.9% 1309 ENCAMPMENT RESOLUTION FUND-3-R 2,500,000 9,336,746 2,398,452 6,938,294 25.7% 1405 HOMEKEY PROGRAM, NOFA, ROUND 3 7,012,660 7,012,660 4,810,188 2,202,472 68.6% Total Special Revenue Funds 85,698,068 93,126,915 61,809,331 31,317,584 66.4% Total All Funds 265,077,407 337,674,653 224,018,341 113,656,313 66.3%
Attachment 1 – Estimated Fiscal Year 2025-26 General Fund and Non-General Funds Revenues and Expenditures
Non-General Funds Expenditures
FUND
FY 2025-26
ORIGINAL
BUDGET
FY 2025-26
REVISED
BUDGET
ESTIMATED
YEAR-END
ACTUALS
VARIANCE
($)
VARIANCE
(%)
1002 STATE GAS TAX 4,629,128 4,934,550 3,675,048 1,259,502 74.5% 1004 ASSET SEIZURE FUND 250,000 250,000 - 250,000 0.0% 1006 OUTSIDE FUNDED SVCS - GRA 10,640,489 47,431,669 9,071,897 38,359,773 19.1% 1019 ROAD MAINT & REHAB ACCT ( 6,860,068 7,189,412 4,305,568 2,883,844 59.9% 1054 ENGINEERING GRANTS 23,507,402 25,765,784 9,853,794 15,911,990 38.2% 2001 GENERAL CAPITAL FUND 53,834,715 70,382,693 33,695,767 36,686,925 47.9% 2002 MEASURE J 6,679,746 6,980,500 3,885,913 3,094,587 55.7% 2007 HARBOR FUND - - - - - 2110 IMPACT FEE - PARKS 15,000 15,000 - 15,000 0.0% 2111 IMPACT FEE - TRAFFIC - - - - - 2113 IMPACT FEE - FIRE 65,000 130,000 126,863 3,137 97.6% 2114 IMPACT FEE - POLICE 740,609 740,609 - 740,609 0.0% 2115 IMPACT FEE - COMM/AQUATC - - - - - 2116 IMPACT FEE - PARKS/OPEN 167,841 229,759 61,918 167,841 26.9% 2117 IMPACT FEE - LIBRARY 1,330,188 1,330,188 1,146,800 183,388 86.2% 2118 IMPACT FEE - HILLTOP - - 36,371 (36,371) - 2119 IMPACT FEE - STORM DRAINA - - - - - 2120 IMPACT FEE - WASTEWATER 750,000 1,419,118 669,118 750,000 47.2% Total Capital Improvement Fund 109,470,186 166,799,281 66,529,056 100,270,225 39.9% 3001 DS - 2005 TAXABLE POB 11,411,249 11,411,249 11,411,308 (60) 100.0% 3002 DS - 99A PENSION OBLIG BO 4,500 4,500 3,833 668 85.2% 3005 DS - 07 REFNDING&CVC CTR 7,816,763 7,816,763 7,813,361 3,401 100.0% Total Debt Service Funds 19,232,511 19,232,511 19,228,502 4,009 100.0% 4001 PORT OF RICHMOND 16,334,557 17,526,808 6,786,077 10,740,731 38.7% 4003 WASTEWATER 49,140,950 52,709,068 43,447,318 9,261,749 82.4% 4005 MARINA 3,510,124 3,960,124 1,955,948 2,004,176 49.4% 4006 STORMWATER 2,276,246 13,075,160 3,097,405 9,977,754 23.7% 4008 KCRT - CABLE TELEVIS 1,166,521 1,166,521 1,222,918 (56,397) 104.8% Total Enterprise Funds 72,428,398 88,437,680 56,509,666 31,928,014 63.9% 1200 HOUSING ADMINISTRATION 352,416 352,416 225,043 127,373 63.9% 1201 CDBG 972,789 972,789 42,849 929,940 4.4% 1202 HOME PROGRAM - - - - - 1203 NEIGHBORHOOD STAB(NP) 9,500 9,500 6,175 3,325 65.0% 1207 COR-NEIGHBORHOOD STAB(CIT 6,753 6,753 3,500 3,253 51.8% 1208 COR-SUCCESSOR HOUSING AGE 1,642,242 1,942,242 611,742 1,330,500 31.5% 1209 CAL-HOME GRANT FUND 501,200 501,200 2,129 499,071 0.4% 1302 HOUSNG IN LIEU FEE - DEVE 650,780 650,780 1,840,805 (1,190,025) 282.9% 2125 IRON TRIANGLE/EPA PROGRAM 232,688 294,779 151,809 142,970 51.5% Total Housing Funds 4,368,368 4,730,459 2,884,052 1,846,407 61.0% 4101 RHA-HSNG CHOICE VOUCHER-SEC 8 - - 111,655 (111,655) 100.0% 4201 RHA-CAPITAL FUND 1,482,029 1,482,029 1,580,586 (98,557) 106.7% 4401 RHA-HACIENDA 30,000 30,000 7,172 22,828 23.9% 4404 RHA-NEVIN PLAZA 129,940 129,940 75,248 54,692 57.9% 4405 RHA-NYSTROM VILLAGE 2,148,016 2,148,016 1,927,836 220,180 89.7% 4406 RHA-RICHMOND VILLAGE ONE 160,888 160,888 115,489 45,399 71.8% 4407 RHA-RICHMOND VILLAGE TWO 122,268 122,268 87,766 34,502 71.8% 4408 RHA-RICHMOND VILLAGE THRE 53,392 53,392 38,327 15,065 71.8% 4501 RHA-CENTRAL OFFICE COST C 353,717 353,717 381,933 (28,216) 108.0% 4502 RHA-HOUSING CORPORATION 14,000 14,000 10,600 3,400 75.7% Total Housing Authority Funds 4,494,250 4,494,250 4,336,611 157,638 96.5%
Attachment 1 – Estimated Fiscal Year 2025-26 General Fund and Non-General Funds Revenues and Expenditures
Non-General Funds Expenditures
FUND
FY 2025-26
ORIGINAL
BUDGET
FY 2025-26
REVISED
BUDGET
ESTIMATED
YEAR-END
ACTUALS
VARIANCE
($)
VARIANCE
(%)
5001 INSURANCE RESERVES 33,270,378 33,270,378 21,375,941 11,894,437 64.2% 5003 EQUIPMENT SERVICES 9,901,438 16,664,911 10,594,798 6,070,113 63.6% 5008 COMPENSATED ABSENCES 3,000,000 3,000,000 2,769,073 230,927 92.3% Total Internal Service Funds 46,171,816 52,935,289 34,739,811 18,195,478 65.6% 1003 TRANSPORTATION OPERATION 1,251,321 1,384,429 1,305,855 78,574 94.3% 1012 HILLTOP LANDSCAPE MAINT D 1,443,442 1,443,442 1,411,995 31,447 97.8% 1015 MARINA BAY LNDSCP & LIGHT 1,217,523 1,217,523 1,124,774 92,749 92.4% 1050 CR-PLANNING & BUILDING 13,934,005 15,923,381 13,023,609 2,899,772 81.8% 1205 EMPLOYMENT & TRAINING 7,857,541 11,172,415 5,823,355 5,349,060 52.1% Total Other Operations Funds 25,703,833 31,141,190 22,689,588 8,451,602 72.9% 1001 SECURED PENSION OVERRIDE 29,501,237 29,501,237 29,131,125 370,111 98.7% 1005 LIBRARY FUND 8,990,361 10,013,485 9,757,738 255,746 97.4% 1007 EMERGENCY MED SERV - 216,000 205,278 10,722 95.0% 1009 VEOLIA MITIGATION 125,000 125,000 - 125,000 0.0% 1010 N.RICHMOND WASTE 130,040 130,040 7,858 122,182 6.0% 1011 OUTSIDE FUNDED SVCS - DON - - - - - 1013 HAZMAT FUND - - - - - 1017 CHEVRON MODERNIZATN PROJ 8,938,557 13,129,306 6,116,226 7,013,080 46.6% 1018 RENT CONTROL 3,842,243 3,842,803 3,393,015 449,789 88.3% 1055 ENCROACHMENT SVCS 1,112,512 1,112,586 794,308 318,279 71.4% 1303 KIDS FIRST INITIATIVE 9,096,136 9,998,821 8,695,012 1,303,809 87.0% 1304 EMERGENCY OPE & DISASTR R 291,550 294,801 - 294,801 0.0% 1305 PUBLIC ART 1,410,928 1,410,928 309,324 1,101,604 21.9% 1306 AMERICAN RESCUE PLAN ACT 9,150,439 13,465,932 12,634,346 831,586 93.8% 1307 TRANSFORMATIVE CLIMATE GRANT 18,126,765 22,255,716 5,683,065 16,572,651 25.5% 1308 ENCAMPMENT RESOLUTION FUND 1,696,703 2,596,823 2,157,964 438,859 83.1% 1309 ENCAMPMENT RESOLUTION FUND-3-R 2,500,000 8,689,540 6,761,464 1,928,076 77.8% 1405 HOMEKEY PROGRAM, NOFA, ROUND 3 7,012,660 7,012,660 - 7,012,660 0.0% Total Special Revenue Funds 101,925,131 123,795,676 85,646,722 38,148,954 69.2% Total All Funds 383,794,493 491,566,336 292,564,009 199,002,327 59.5%