City Council
259 N. Wilma Avenue
Ripon, CA 95366
MEMO
To: Honorable City Council
From: Kevin Werner, City Administrator
Date: 06/11/2024
Subject: Budget 2024-2025
The City’s Proposed FY 2024-25 Budget is balanced, funds all debt service obligations, and funds critical deferred maintenance items. The following table summarizes the financial information for the City’s operating funds.
FY 2024-25 Annual Operating Budget Summary
FY 2024-25
Revenue
FY 2024-25
Expenses
Proposed
Transfers
Transfer Summary
General Fund $17,685,000 ($16,830,000) ($855,000) Transfer includes $77,000 to L&L Districts operating in the negative,
$618,000 to Capital Replacement Funds,
and $160,000 to the CalPERS
Contingency Fund.
Water Operating Fund $3,944,000 ($3,000,000) ($994,000) To Water Enterprise Capital Fund Garbage Operating Fund $2,730,000 ($2,600,000) ($130,000) To Garbage Enterprise Capital Fund Sewer Operating Fund $2,135,000 ($1,535,000) ($600,000) To Sewer Enterprise Capital Fund Street and Road Operating Fund $2,170,000 ($1,159,000) Revenue surplus funds streets and roads capital projects.
Transit Operating Fund $127,000 ($127,000)
Redevelopment Obligations $927,00 ($927,000)
Landscaping & Lighting Districts $450,000 ($515,000) $77,000 From General Fund to L&L Districts that
operate in a deficit and do not have a
fund balance.