FINANCE DEPARTMENT
Monthly Financial Report
Financial Results for the Month Ended April 30, 2025
Fiscal Year 2024-2025
(UNAUDITED)
Attachment
PSFSS AGENDA: 6/12/25
ITEM: (c)1.
Finance Department, City of San José
Monthly Financial Report
Financial Results for the Month Ended April 30, 2025
Fiscal Year 2024-2025
(UNAUDITED)
Table of Contents
Page
Reference
General Fund
Comparison of Current Year's Monthly Cash Balance vs.
Prior Year’s Balance......................................……………………………………….… 1 Comparison of Current Year-to-Date Revenues vs.
Prior Year-to-Date Revenues……….........................….……………………………… 2 Comparison of Current Year-to-Date Expenditures vs.
Prior Year-to-Date Expenditures……….……………………...................…….……… 2 Comparison of Current Year-to-Date Revenues for Major Revenue Sources vs. Prior Year-to-Date Revenues……….................................................…………… 3 Comparison of Current Year-to-Date Expenditures by Type vs. Prior Year-to-Date Expenditures .……..............……………………...…………… 3 Source and Use of Funds.............................………………………………………………… 4 Supplemental Schedule of Departmental Revenues.......................……………………… 7 Other Funds
Special Funds
Comparison of Current Year-to-Date Construction & Conveyance Tax Revenues vs. Prior Year-to-Date Revenues.………………..........………....………...………...… 8 Comparison of Current Year-to-Date Construction & Conveyance Tax Expenditures vs. Prior Year-to-Date Expenditures................………….………..…………..……….. 8 Comparison of Year-to-Date Revenues and YTD Expenditures vs. Prior Year-to-Date Revenue and Expenditures for:
Airport Revenue Fund 521 and Airport Maintenance & Operation Fund 523…….. 9 WPCP Operation Fund 513.......................................……………………………….. 10 General Purpose Parking Funds 533 & 559 ………………………………….……...
Clean Energy Fund 501………………………………………………………………....
11 12
Source and Use of Funds ………………………………………………..…………….…….. 13 Finance Department, City of San José
Monthly Financial Report
Financial Results for the Month Ended April 30, 2025
Fiscal Year 2024-2025
(UNAUDITED)
Table of Contents
Page
Reference
Other Funds (Cont’d)
Capital Project Funds
Source and Use of Funds.................................…………………………....................... 16 Other Fund Types
Source and Use of Funds.................................…………………………....................... 17 Submitted by:
MARIA ÖBERG
Director of Finance
MONTH FY 2024-2025 FY 2023-2024 FY 2022-2023 FY 2021-2022 JULY (1) $ 470,628,926 $ 439,558,442 $ 566,915,115 $ 358,124,221 AUGUST 435,081,404 481,331,154 538,605,518 367,985,840
SEPTEMBER 403,492,133 454,215,277 542,042,503 428,548,372 OCTOBER 397,966,479 426,618,323 564,251,170 440,238,436 NOVEMBER 390,968,460 453,578,125 622,142,937 442,957,719 DECEMBER 400,750,041 442,840,961 613,707,115 437,194,188 JANUARY (2) 529,348,366 297,634,342 710,351,741 580,885,854 FEBRUARY 313,198,066 520,153,859 584,487,275 496,453,999 MARCH 289,936,330 528,642,315 559,096,267 508,488,546
APRIL (3) 603,219,478 344,393,384 615,840,435 500,240,167 MAY - 623,943,677 695,301,954 605,557,239
JUNE - 681,274,128 679,263,084 575,342,891
GENERAL FUND MONTHLY CASH BALANCES
(1) The General Fund cash balance decreased in July as part of the annual lump-sum pre-funding of a portion of the employer's share of retirement contributions to achieve budgetary savings. In 2024-2025, the City pre-funded with $220 million cash.
(2) The General Fund cash balance decreased in January due to a $160.5 million transfer to the Real Property Transfer Tax Fund.
(3) The General Fund cash balance increased in April due to $37.5 million received in franchise fees. $
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JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
MONTH-END BALANCES (MILLIONS)
GENERAL FUND
Comparison of Cash Balances vs. Prior Year's Balances
FY 2024-2025 FY 2023-2024
FY 2022-2023 FY 2021-2022
Note: 1) Increase in expenditures was primarily due to a $160.5 million transfer from the General Fund to the Real Property Transfer Tax Fund in January 2025. $
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JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
(MILLIONS)
GENERAL FUND
Comparison of YTD Revenues vs. Prior YTD Revenues
FY 2023-2024 YTD FY 2024-2025 YTD
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JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
(MILLIONS)
GENERAL FUND
Comparison of YTD Expenditures vs. Prior YTD Expenditures FY 2023-2024 YTD FY 2024-2025 YTD
Note: 1) The real property transfer tax revenue was previously recorded under Fund 001 (General Fund) until August 2024. Effective September 2024, the real property transfer tax revenue was reclassified to Fund 404 (Real Property Transfer Tax Fund).
2) Increase in Non-Dept expenditures was due to a $160.5 million transfer from the General Fund to the Real Property Transfer Tax Fund in January 2025.
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Prop Tax Sales Tax Util Tax Business
Taxes
Fran Fees Licenses and
Permits
Other Rev
(MILLIONS)
GENERAL FUND MAJOR REVENUES
Comparison of YTD vs. Prior YTD
FY 2023-2024 YTD FY 2024-2025 YTD
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(MILLIONS)
GENERAL FUND MAJOR EXPENDITURES
Comparison of YTD vs. Prior YTD
FY 2023-2024 YTD FY 2024-2025 YTD
PRIOR YTD % % CHANGE
ADOPTED YTD REVISED CUR YTD PRIOR OF PRIOR CUR YTD LESS CUR YTD ACTUAL FY 2024-2025 BUDGET C/O FY 2024-2025 CUR YTD ACTUAL % YTD YEAR-END PRIOR YEAR-END PRIOR YTD LESS PRIOR YTD
BUDGET AMENDMENTS ENCUMBR BUDGET ACTUAL OF BUDGET ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL Fund Balance
Prior Year Encumbrances - - 86,367 86,367 86,367 100.00% 81,740 101.04% 80,900 4,627 5.66%Available Balance 24,452 576,481 - 600,933 600,933 100.00% 639,359 100.00% 639,359 (38,426) -6.01% Total Fund Balance 24,452 576,481 86,367 687,300 687,300 100.00% 721,099 100.12% 720,259 (33,799) -4.69%General Revenues Property Tax - 495,000 - 495,000 309,772 62.58% 338,513 64.54% 524,473 (28,741) -8.49% Sales Tax - 352,000 - 352,000 220,608 62.67% 222,581 66.76% 333,411 (1,973) -0.89%Telephone Line Tax - 22,000 - 22,000 16,750 76.14% 16,263 72.95% 22,292 487 2.99%Transient Occupancy Tax - 16,000 - 16,000 11,932 74.58% 11,131 70.03% 15,894 801 7.20%Franchise Fees - 55,023 - 55,023 50,685 92.12% 45,423 86.56% 52,476 5,262 11.58%Utility Tax - 136,000 - 136,000 103,616 76.19% 100,763 77.65% 129,771 2,853 2.83%Business Taxes - 87,000 - 87,000 69,263 79.61% 68,973 80.13% 86,072 290 0.42%Licenses and Permits - 21,818 - 21,818 22,452 102.91% 20,770 96.93% 21,428 1,682 8.10%Fines, Forfeits and Penalties - 17,605 - 17,605 14,643 83.18% 12,084 84.37% 14,323 2,559 21.18%Use of Money and Property - 18,735 - 18,735 15,981 85.30% 16,478 72.35% 22,775 (497) -3.02%Revenue from Local Agencies 4,741 19,077 - 23,818 11,380 47.78% 14,368 61.71% 23,283 (2,988) -20.80%Revenue from State of CA 25,038 36,803 - 61,841 33,075 53.48% 18,295 66.49% 27,515 14,780 80.79%Revenue from Federal Government (1,200) 15,528 - 14,328 3,032 21.16% 2,585 47.33% 5,462 447 17.29%Fees, Rates and Charges - 27,809 - 27,809 18,629 66.99% 19,775 79.01% 25,030 (1,146) -5.80%Other Revenues 8,347 9,560 - 17,907 16,838 94.03% 16,915 133.57% 12,664 (77) -0.46% Total General Revenues 36,926 1,329,958 - 1,366,884 918,656 67.21% 924,917 70.24% 1,316,869 (6,261) -0.68%Transfers & Reimbursements Overhead Reimbursements - 87,109 - 87,109 78,985 90.67% 71,801 89.33% 80,379 7,184 10.01% Transfers from Other Funds 3,238 32,879 - 36,117 24,003 66.46% 26,689 78.13% 34,160 (2,686) -10.06%Reimbursements for Services 1 19,226 - 19,227 12,958 67.39% 12,401 65.10% 19,049 557 4.49% Total Transfers & Reimbursements 3,239 139,214 - 142,453 115,946 81.39% 110,891 83.01% 133,588 5,055 4.56%Total Sources 64,617 2,045,653 86,367 2,196,637 1,721,902 78.39% 1,756,907 80.94% 2,170,716 (35,005) -1.99% (*) - The figures for Current Year-to-Date (YTD) Actual, Prior YTD Actual, and Prior Year-End Actual are reported on the budgetary basis. Consequently, variances from the budgetary basis may arise because certain transactions, such as unrealized gains and losses, are recognized as revenues or expenditures on a Generally Accepted Accounting Principles (GAAP) basis but not on a budgetary basis.Note: Figures may not total due to rounding.
CITY OF SAN JOSE
GENERAL FUND SOURCE AND USE OF FUNDS
FUND BALANCE, REVENUE, TRANSFERS & REIMBURSEMENTS
FOR THE MONTHS ENDED APRIL 30, 2025
(UNAUDITED)
( $000's )
EXPENDITURES
PRIOR YTD % % CHANGE
ADOPTED YTD REVISED CUR YTD PRIOR OF PRIOR CUR YTD LESS CUR YTD ACTUAL FY 2024-2025 BUDGET C/O FY 2024-2025 ACTUAL % YTD YEAR-END PRIOR YEAR-END PRIOR YTD LESS PRIOR YTD BUDGET AMENDMENTS ENCUMBR BUDGET ACTUAL ENCUMBR OF BUDGET ACTUAL (*) ACTUAL ACTUAL (*) ACTUAL (*) ACTUAL General Government
Mayor and Council 18,136 1,423 37 19,596 11,560 32 58.99% 11,411 78.28% 14,578 149 1.31% City Attorney 19,032 375 1,430 20,837 14,988 1,417 71.93% 15,198 78.76% 19,296 (210) -1.38%City Auditor 2,940 70 - 3,010 2,323 - 77.18% 2,153 76.70% 2,807 170 7.90%City Clerk 3,812 20 96 3,928 2,836 245 72.20% 2,975 77.78% 3,825 (139) -4.67%City Manager 23,980 1,083 880 25,943 18,788 1,160 72.42% 17,804 77.68% 22,920 984 5.53%Finance 24,294 335 658 25,287 18,516 1,080 73.22% 17,690 77.11% 22,942 826 4.67%Information Technology 34,560 904 3,359 38,823 24,221 2,994 62.39% 21,007 71.83% 29,247 3,214 15.30% Human Resources 15,386 - (27) 15,359 10,815 1,826 70.41% 11,380 76.40% 14,896 (565) -4.96% Independent Police Auditor 1,645 - - 1,645 1,034 - 62.86% 1,035 77.82% 1,330 (1) -0.10%Office of Economic Development 7,667 (88) 139 7,718 5,269 356 68.27% 4,786 76.85% 6,228 483 10.09% Total General Government 151,452 4,122 6,572 162,146 110,350 9,110 68.06% 105,439 76.37% 4,911 138,069 4.66% Public Safety
Fire 296,420 2,658 3,117 302,195 242,328 3,625 80.19% 225,565 78.44% 287,559 16,763 7.43% Police 543,971 6,595 2,943 553,509 436,294 4,370 78.82% 404,432 78.59% 514,620 31,862 7.88% Total Public Safety 840,391 9,253 6,060 855,704 678,622 7,995 79.31% 629,997 78.54% 48,625 802,179 7.72% Capital Maintenance
Transportation 51,568 982 579 53,129 38,123 2,069 71.76% 36,557 76.93% 47,522 1,566 4.28% Public Works 54,958 1,457 513 56,928 41,129 3,337 72.25% 42,657 76.61% 55,678 (1,528) -3.58% Total Capital Maintenance 106,526 2,439 1,092 110,057 79,252 5,406 72.01% 79,214 76.76% 38 103,200 0.05% Community Service
Housing 668 20 - 688 399 - 57.99% 470 79.12% 594 (71) -15.11% Library 50,727 (171) 2,728 53,284 38,005 3,490 71.33% 35,155 74.48% 47,199 2,850 8.11% Planning, Bldg & Code Enf. 18,991 593 559 20,143 13,986 1,308 69.43% 13,221 78.22% 16,902 765 5.79% Parks, Rec & Neigh Svcs 143,866 166 2,853 146,885 102,572 6,024 69.83% 95,623 77.36% 123,613 6,949 7.27% Environmental Services 6,262 1,143 307 7,712 4,843 936 62.80% 3,899 79.62% 4,897 944 24.21% Total Community Services 220,514 1,751 6,447 228,712 159,805 11,758 69.87% 148,368 76.79% 11,437 193,205 7.71% Total Dept. Expenditures 1,318,883 17,565 20,171 1,356,619 1,028,029 34,269 75.78% 963,018 77.87% 65,011 1,236,653 6.75% (*) - The figures for Current Year-to-Date (YTD) Actual, Prior YTD Actual, and Prior Year-End Actual are reported on the budgetary basis. Consequently, variances from the budgetary basis may arise because certain transactions, such as unrealized gains and losses, are recognized as revenues or expenditures on a Generally Accepted Accounting Principles (GAAP) basis but not on a budgetary basis.
YEAR-TO-DATE
CITY OF SAN JOSE
GENERAL FUND SOURCE AND USE OF FUNDS
FOR THE MONTHS ENDED APRIL 30, 2025
( UNAUDITED )
( $000's )
Note: Figures may not total due to rounding.
EXPENDITURES
PRIOR YTD % % CHANGE
ADOPTED YTD REVISED CUR YTD PRIOR OF PRIOR CUR YTD LESS CUR YTD ACTUAL FY 2024-2025 BUDGET C/O FY 2024-2025 ACTUAL % YTD YEAR-END PRIOR YEAR-END PRIOR YTD LESS PRIOR YTD BUDGET AMENDMENTS ENCUMBR BUDGET ACTUAL ENCUMBR OF BUDGET ACTUAL (*) ACTUAL ACTUAL (*) ACTUAL (*) ACTUAL
YEAR-TO-DATE
CITY OF SAN JOSE
GENERAL FUND SOURCE AND USE OF FUNDS
FOR THE MONTHS ENDED APRIL 30, 2025
( UNAUDITED )
( $000's )
Non-Dept Expenditures
City-wide Expenditures: Community and Economic Develop. 33,165 (1,581) 30,659 62,243 15,001 16,456 24.10% 33,149 48.94% 67,730 (18,148) -54.75% Environmental & Utility Services 2,912 1,097 541 4,550 1,944 738 42.73% 1,250 86.75% 1,441 694 55.52% Public Safety 33,196 7,854 1,975 43,025 27,879 1,279 64.80% 25,431 80.04% 31,773 2,448 9.63% Neighborhood Services 43,709 (3,614) 6,595 46,690 21,250 8,771 45.51% 22,551 48.76% 46,250 (1,301) -5.77% Transportation Services 6,039 876 2 6,917 3,002 146 43.40% 2,112 55.49% 3,806 890 42.14% Strategic Support 62,532 6,142 3,038 71,712 33,094 5,155 46.15% 26,731 76.93% 34,747 6,363 23.80%Total City-wide Expenditures 181,553 10,774 42,810 235,137 102,170 32,545 43.45% 111,224 59.88% 185,747 (9,054) -8.14%Other Non-Dept Expenditures: Capital Improvements 76,031 32,935 23,386 132,352 37,628 53,415 28.43% 11,465 50.03% 22,915 26,163 228.20% Transfers to Other Funds 161,539 25,082 - 186,621 186,621 - 100.00% 30,472 100.00% 30,472 156,149 512.43%Total Non-Dept Expenditures 419,123 68,791 66,196 554,110 326,419 85,960 58.91% 153,161 64.05% 239,134 173,258 113.12% Reserves
Contingency Reserve 50,000 3,000 - 53,000 - - 0.00% - 0.00% - - 0.00% Earmarked Reserves 257,647 (24,739) 232,908 - - - 0.00% 0.00% - - 0.00% - Total Reserves 307,647 (21,739) - 285,908 - - 0.00% - 0.00% - - 0.00% Total Uses 64,617 2,045,653 86,367 2,196,637 1,354,448 120,229 61.66% 1,116,179 75.63% 238,269 1,475,787 21.35% Note: Figures may not total due to rounding.(*) - The figures for Current Year-to-Date (YTD) Actual, Prior YTD Actual, and Prior Year-End Actual are reported on the budgetary basis. Consequently, variances from the budgetary basis may arise because certain transactions, such as unrealized gains and losses, are recognized as revenues or expenditures on a Generally Accepted Accounting Principles (GAAP) basis but not on a budgetary basis.
PRIOR YTD % % CHANGE
ADOPTED YTD REVISED CUR CUR YTD PRIOR OF PRIOR CUR YTD LESS CUR YTD ACTUAL FY 2024-2025 BUDGET C/O FY 2024-2025 YTD ACTUAL % YTD YEAR-END PRIOR YTD LESS PRIOR YTD
BUDGET AMENDMENTS ENCUMBR BUDGET ACTUAL OF BUDGET ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL Police 1,071 - - 1,071 547 51.07% 1,114 90.79% 1,227 -50.90% (567)Public Works - - - - - - 8 4.12% 194 -100.00% (8) Transportation 1,492 - - 1,492 1,479 99.13% 1,306 76.91% 1,698 13.25% 173Library 61 - - 61 62 101.64% 92 82.88% 111 -32.61% (30) Parks Rec & Neigh Svcs 20,976 - - 20,976 14,529 69.26% 14,987 77.93% 19,232 -3.06% (458)Miscellaneous Dept Charges 4,209 - - 4,209 2,012 47.80% 2,268 88.32% 2,568 -11.29% (256) Total Fees, Rates, and Charges - 27,809 - 27,809 18,629 66.99% 19,775 79.01% (1,146) 25,030 -5.80% Note: Figures may not total due to rounding.(*) - The figures for Current Year-to-Date (YTD) Actual, Prior YTD Actual, and Prior Year-End Actual are reported on the budgetary basis. Consequently, variances from the budgetary basis may arise because certain transactions, such as unrealized gains and losses, are recognized as revenues or expenditures on a Generally Accepted Accounting Principles (GAAP) basis but not on a budgetary basis. (UNAUDITED)
( $000's )
CITY OF SAN JOSE
GENERAL FUND SOURCE AND USE OF FUNDS
FOR THE MONTHS ENDED APRIL 30, 2025
SUPPLEMENTAL SCHEDULE - DEPARTMENTAL REVENUES
PRIOR YEAR-END
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JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
(MILLIONS)
CONSTRUCTION & CONVEYANCE TAX FUNDS 377-378 & 380-398
Comparison of YTD Revenues vs. Prior YTD Revenues
FY 2023-2024 YTD FY 2024-2025 YTD
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JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
(MILLIONS)
CONSTRUCTION & CONVEYANCE TAX FUNDS 377-378 & 380-398
Comparison of YTD Expenditures vs. Prior YTD Expenditures FY 2023-2024 YTD FY 2024-2025 YTD
Note
Note: 1) Increase in passenger activity resulted in an overall increase in rentals/concession income and landing fees' revenues.
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JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
(MILLIONS)
AIRPORT REVENUE FUND 521
Comparison of YTD Revenues vs. Prior YTD Revenues
FY 2023-2024 YTD FY 2024-2025 YTD
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$90
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JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
(MILLIONS)
AIRPORT MAINTENANCE & OPERATION FUND 523
Comparison of YTD Expenditures vs. Prior YTD Expenditures FY 2023-2024 YTD FY 2024-2025 YTD
Note: 1) Decrease in expenses was due to a $19.2 million transfer to the South Bay Water Recycling Operating Fund (570) as of April 2024; whereas, $0 was transferred as of April 2025. 2) The increase in revenues as of April 2025 was primarily due to transfers from the Sewer Service & Use Charge Fund (541), totaling $99.9 million; whereas, only $94.9 million was transferred as of April 2024.
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WPCP OPERATION FUND 513
Comparison of YTD Revenues vs. Prior YTD Revenues
FY 2023-2024 YTD FY 2024-2025 YTD
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JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
(MILLIONS)
WPCP OPERATION FUND 513
Comparison of YTD Expenditures vs. Prior YTD Expenditures FY 2023-2024 YTD FY 2024-2025 YTD
Note: 1) Decrease in expenses as of April 2025 was due to a $1.5 million decrease in an internal transfer between the General Purpose Parking Funds (533 & 559) and a $4.3 million decrease related to Downtown Parking Garage projects.
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(MILLIONS)
GENERAL PURPOSE PARKING FUNDS 533 & 559
Comparison of YTD Revenues vs. Prior YTD Revenues
FY 2023-2024 YTD FY 2024-2025 YTD
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(MILLIONS)
GENERAL PURPOSE PARKING FUNDS 533 & 559
Comparison of YTD Expenditures vs. Prior YTD Expenditures FY 2023-2024 YTD FY 2024-2025 YTD
Note: 1) Increase in expenses was primarily driven by higher unit costs for Resource Adequacy (RA) due to elevated market rates. This resulted from limited RA availability and changes in procurement reqirements to comply with updated CPUC RA program standards. $
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(MILLIONS)
CLEAN ENERGY FUND 501
Comparison of YTD Revenues vs. Prior YTD Revenues
FY 2023-2024 YTD FY 2024-2025 YTD
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CLEAN ENERGY FUND 501
Comparison of YTD Expenditures vs. Prior YTD Expenditures FY 2023-2024 YTD FY 2024-2025 YTD
CITY OF SAN JOSE
SPECIAL FUNDS
SOURCE AND USE OF FUNDS
(UNAUDITED)
( $000's )
ADOPTED YTD REVISED PRIOR
FY 2024-2025 BUDGET C/O FY 2024-2025 Y-T-D
BUDGET AMENDMENTS ENCUMBR BUDGET ACTUAL ENCUMBR ACTUAL
Construction/Conveyance Tax
Prior Year Encumbrance - - 14,133 14,133 14,133 - 11,090 Beginning Fund Balance 86,955 12,701 - 99,656 99,656 - 117,129 Revenues 67,778 1,150 - 68,928 35,367 - 31,692
Total Sources 13,851 154,733 14,133 182,717 149,156 - 159,911 Total Uses 13,851 154,733 14,133 182,717 57,573 12,085 48,324 Airport
Prior Year Encumbrance - - 26,578 26,578 26,578 - 43,524 Beginning Fund Balance 361,905 6,672 - 368,577 368,577 - 307,402 Revenues 684,628 9,742 - 694,370 509,440 - 489,082
Total Sources 16,414 1,046,533 26,578 1,089,525 904,595 - 840,008 Total Uses 16,414 1,046,533 26,578 1,089,525 417,886 56,295 420,597 Waste Water Treatment
Prior Year Encumbrance - - 188,841 188,841 188,841 - 181,677 Beginning Fund Balance 299,823 (12,146) - 287,677 287,677 - 278,366 Revenues 512,321 70,000 - 582,321 493,455 - 459,186
Total Sources 57,854 812,144 188,841 1,058,839 969,973 - 919,229 Total Uses 57,854 812,144 188,841 1,058,839 451,675 170,380 449,199 Parking
Prior Year Encumbrance - - 4,652 4,652 4,652 - 4,144
Beginning Fund Balance 27,845 3,277 - 31,122 31,122 - 39,166 Revenues 19,589 34 - 19,623 16,591 - 16,717
Total Sources 3,311 47,434 4,652 55,397 52,365 - 60,027 Total Uses 3,311 47,434 4,652 55,397 18,453 9,263 23,348 Municipal Water
Prior Year Encumbrance - - 23,829 23,829 23,829 - 3,894 Beginning Fund Balance 38,136 (16,441) - 21,695 21,695 - 37,761 Revenues 107,190 3,093 - 110,283 67,278 - 64,417
Total Sources (13,348) 145,326 23,829 155,807 112,802 - 106,072 Total Uses (13,348) 145,326 23,829 155,807 78,701 15,852 58,862 Note: Figures may not total due to rounding.
FOR THE MONTHS ENDED APRIL 30, 2025
YEAR-TO-DATE
(*) Certain accounts such as the change in fair value of investments included in the City's GAAP basis amounts, for which no formal budgets are prepared, are excluded from the budgetary basis amounts.
CITY OF SAN JOSE
SPECIAL FUNDS
SOURCE AND USE OF FUNDS
(UNAUDITED)
( $000's )
ADOPTED YTD REVISED PRIOR
FY 2024-2025 BUDGET C/O FY 2024-2025 Y-T-D
BUDGET AMENDMENTS ENCUMBR BUDGET ACTUAL ENCUMBR ACTUAL
FOR THE MONTHS ENDED APRIL 30, 2025
YEAR-TO-DATE
Community Energy
Prior Year Encumbrance - - 36,226 36,226 36,226 - 22,754 Beginning Fund Balance 272,801 (54,661) - 218,140 218,140 - 173,726 Revenues 546,060 76 - 546,136 450,412 - 447,362
Total Sources (54,585) 818,861 36,226 800,502 704,778 - 643,842 Total Uses (54,585) 818,861 36,226 800,502 401,564 43,820 337,248 Gas Tax
Revenues 18,400 - - 18,400 12,441 - 11,953
Total Sources - 18,400 - 18,400 12,441 - 11,953
Total Uses - 18,400 - 18,400 12,441 - 11,953
Building and Structures
Prior Year Encumbrance - - 10,947 10,947 10,947 - 22,036 Beginning Fund Balance 78,604 10,896 - 89,500 89,500 - 79,893 Revenues 78,792 8,166 - 86,958 29,700 - 36,715
Total Sources 19,062 157,396 10,947 187,405 130,147 - 138,644 Total Uses 19,062 157,396 10,947 187,405 31,395 7,931 33,473 Residential Construction
Beginning Fund Balance 2,873 451 - 3,324 3,324 - 3,069
Revenues 295 - - 295 208 - 237
Total Sources 451 3,168 - 3,619 3,532 - 3,306
Total Uses 451 3,168 - 3,619 127 - 103
Transient Occupancy Tax
Prior Year Encumbrance - - 472 472 472 - 775
Beginning Fund Balance 4,919 215 - 5,134 5,134 - 4,968
Revenues 24,055 - - 24,055 17,938 - 16,743
Total Sources 215 28,974 472 29,661 23,544 - 22,486
Total Uses 215 28,974 472 29,661 23,081 980 20,090
Note: Figures may not total due to rounding.
(*) Certain accounts such as the change in fair value of investments included in the City's GAAP basis amounts, for which no formal budgets are prepared, are excluded from the budgetary basis amounts.
CITY OF SAN JOSE
SPECIAL FUNDS
SOURCE AND USE OF FUNDS
(UNAUDITED)
( $000's )
ADOPTED YTD REVISED PRIOR
FY 2024-2025 BUDGET C/O FY 2024-2025 Y-T-D
BUDGET AMENDMENTS ENCUMBR BUDGET ACTUAL ENCUMBR ACTUAL
FOR THE MONTHS ENDED APRIL 30, 2025
YEAR-TO-DATE
Conventions, Arts & Entertainment
Prior Year Encumbrance - - 3,801 3,801 3,801 - 311
Beginning Fund Balance 5,322 (2,013) - 3,309 3,309 - 5,585 Revenues 12,008 328 - 12,336 12,582 - 12,453
Total Sources (1,685) 17,330 3,801 19,446 19,692 - 18,349 Total Uses (1,685) 17,330 3,801 19,446 10,832 6,687 10,887 Golf
Beginning Fund Balance 563 43 - 606 606 - 2,799
Revenues 1,095 - - 1,095 884 - 1,087
Total Sources 43 1,658 - 1,701 1,490 - 3,886
Total Uses 43 1,658 - 1,701 7 - 179
Real Property Transfer Tax
Revenues 185,495 25,044 - 210,539 195,445 - -
Total Sources 25,044 185,495 - 210,539 195,445 - -
Total Uses 25,044 185,495 - 210,539 21,144 30,361 -
Emergency Reserve
Prior Year Encumbrance - - 61 61 61 - 2,551
Beginning Fund Balance (28,802) 6,158 - (22,644) (22,644) - (26,876) Revenues 30,210 - - 30,210 39 - 998
Total Sources 6,158 1,408 61 7,627 (22,544) - (23,327)
Total Uses 6,158 1,408 61 7,627 (1,962) (36) 329
Low and Moderate Income Housing Asset
Prior Year Encumbrance - - 44,277 44,277 44,277 - 42,837 Beginning Fund Balance 62,431 17,835 - 80,266 80,266 - 110,941 Revenues 22,500 (7,566) - 14,934 8,632 - 17,381
Total Sources 10,269 84,931 44,277 139,477 133,175 - 171,159 Total Uses 10,269 84,931 44,277 139,477 16,976 36,464 33,136 Other Special Revenue Funds
Prior Year Encumbrance - - 55,814 55,814 55,814 - 44,642 Beginning Fund Balance 376,551 24,741 - 401,292 401,292 - 399,240 Revenues 650,479 62,292 - 712,771 572,061 - 528,691
Total Sources 87,033 1,027,030 55,814 1,169,877 1,029,167 - 972,573 Total Uses 87,033 1,027,030 55,814 1,169,877 499,773 138,752 460,631 Note: Figures may not total due to rounding.
(*) Certain accounts such as the change in fair value of investments included in the City's GAAP basis amounts, for which no formal budgets are prepared, are excluded from the budgetary basis amounts.
CITY OF SAN JOSE
CAPITAL PROJECT FUNDS
SOURCE AND USE OF FUNDS
(UNAUDITED)
( $000's )
ADOPTED YTD REVISED PRIOR
FY 2024-2025 BUDGET C/O FY 2024-2025 Y-T-D
BUDGET AMENDMENTS ENCUMBR BUDGET ACTUAL ENCUMBR ACTUAL
Construction Excise
Prior Year Encumbrance - - 21,017 21,017 21,017 - 26,043 Beginning Fund Balance 73,959 (11,837) - 62,122 62,122 - 79,416 Revenues 99,856 48,907 - 148,763 80,875 - 63,557
Total Sources 37,070 173,815 21,017 231,902 164,014 - 169,016 Total Uses 37,070 173,815 21,017 231,902 82,823 24,561 85,181 Other Capital Funds
Prior Year Encumbrance - - 34,382 34,382 34,382 - 22,900 Beginning Fund Balance 97,121 7,948 - 105,069 105,069 - 196,266 Revenues 300 - - 300 6,214 - 6,569
Total Sources 7,948 97,421 34,382 139,751 145,665 - 225,735 Total Uses 7,948 97,421 34,382 139,751 74,046 42,689 48,565 Note: Figures may not total due to rounding.
FOR THE MONTHS ENDED APRIL 30, 2025
YEAR-TO-DATE
(*) Certain accounts such as the change in fair value of investments included in the City's GAAP basis amounts, for which no formal budgets are prepared, are excluded from the budgetary basis amounts.
CITY OF SAN JOSE
OTHER FUND TYPES
(UNAUDITED)
( $000's )
ADOPTED YTD REVISED PRIOR
FY 2024-2025 BUDGET C/O FY 2024-2025 Y-T-D
BUDGET AMENDMENTS ENCUMBR BUDGET ACTUAL ENCUMBR ACTUAL
Trust and Agency
Prior Year Encumbrance - - 48 48 48 - 379
Beginning Fund Balance 6,269 4,151 - 10,420 10,420 - 9,749 Revenues 3,955 49 - 4,004 3,408 - 4,613
Total Sources 4,200 10,224 48 14,472 13,876 - 14,741
Total Uses 4,200 10,224 48 14,472 4,550 45 4,712
Note: Figures may not total due to rounding.
FOR THE MONTHS ENDED APRIL 30, 2025
SOURCE AND USE OF FUNDS
YEAR-TO-DATE
(*) Certain accounts such as the change in fair value of investments included in the City's GAAP basis amounts, for which no formal budgets are prepared, are excluded from the budgetary basis amounts.