FINANCE DEPARTMENT
Monthly Financial Report
Financial Results for the Month Ended October 31, 2025
Fiscal Year 2025-2026
(UNAUDITED)
Attachment
Finance Department, City of San José
Monthly Financial Report
Financial Results for the Month Ended October 31, 2025
Fiscal Year 2025-2026
(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 October 31, 2025
Fiscal Year 2025-2026
(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 2025-2026 FY 2024-2025 FY 2023-2024 FY 2022-2023 JULY (1) $ 196,072,003 $ 470,628,926 $ 439,558,442 $ 566,915,115 AUGUST 189,367,504 435,081,404 538,605,518 481,331,154
SEPTEMBER 157,401,983 403,492,133 542,042,503 454,215,277 OCTOBER (2) 105,177,879 397,966,479 564,251,170 426,618,323 NOVEMBER - 390,968,460 453,578,125 622,142,937
DECEMBER - 400,750,041 442,840,961 613,707,115
JANUARY - 297,634,342 529,348,366 710,351,741
FEBRUARY - 313,198,066 520,153,859 584,487,275
MARCH - 289,936,330 528,642,315 559,096,267
APRIL - 344,393,384 603,219,478 615,840,435
MAY - 373,149,318 623,943,677 695,301,954
JUNE - 435,846,606 681,274,128 679,263,084
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 2025-2026, the City pre-funded with $227 million cash.
(2) The General Fund cash balance decreased in October because P4 included three pay periods, compared to only two in September.
$
$50
$100
$150
$200
$250
$300
$350
$400
$450
$500
$550
$600
$650
$700
$750
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 2025-2026 FY 2024-2025
FY 2023-2024 FY 2022-2023
$
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
(MILLIONS)
GENERAL FUND
Comparison of YTD Revenues vs. Prior YTD Revenues
FY 2024-2025 YTD FY 2025-2026 YTD
$
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
$1,800
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
(MILLIONS)
GENERAL FUND
Comparison of YTD Expenditures vs. Prior YTD Expenditures FY 2024-2025 YTD FY 2025-2026 YTD
Note: 1) Increase in sales tax revenues is primarily due to an increase in taxpayer spending. $
$10
$20
$30
$40
$50
$60
$70
$80
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 2024-2025 YTD FY 2025-2026 YTD
$
$20
$40
$60
$80
$100
$120
$140
$160
$180
$200
(MILLIONS)
GENERAL FUND MAJOR EXPENDITURES
Comparison of YTD vs. Prior YTD
FY 2024-2025 YTD FY 2025-2026 YTD
PRIOR YTD % % CHANGE
ADOPTED YTD REVISED CUR YTD PRIOR OF PRIOR CUR YTD LESS CUR YTD ACTUAL FY 2025-2026 BUDGET C/O FY 2025-2026 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 - - 80,103 80,103 80,103 100.00% 97,573 120.50% 80,976 (17,470) -17.90%Available Balance 21,861 356,311 - 378,172 378,172 100.00% 600,933 100.00% 600,933 (222,761) -37.07% Total Fund Balance 21,861 356,311 80,103 458,275 458,275 100.00% 698,506 102.43% 681,909 (240,231) -34.39%General Revenues Property Tax - 536,500 - 536,500 19,185 3.58% 21,983 4.41% 498,478 (2,798) -12.73% Sales Tax - 340,000 - 340,000 59,959 17.64% 53,238 16.06% 331,431 6,721 12.62%Telephone Line Tax - 22,000 - 22,000 5,602 25.46% 5,274 23.98% 21,989 328 6.22%Transient Occupancy Tax - 18,000 - 18,000 4,201 23.34% 3,981 23.13% 17,212 220 5.53%Franchise Fees - 58,988 - 58,988 2,731 4.63% 3,857 6.60% 58,459 (1,126) -29.19%Utility Tax - 143,800 - 143,800 40,119 27.90% 37,236 26.62% 139,897 2,883 7.74%Business Taxes - 85,000 - 85,000 26,137 30.75% 25,488 29.07% 87,693 649 2.55%Licenses and Permits (650) 22,575 - 21,925 16,362 74.63% 16,100 72.30% 22,267 262 1.63%Fines, Forfeits and Penalties - 15,280 - 15,280 5,464 35.76% 4,982 25.24% 19,741 482 9.67%Use of Money and Property - 21,935 - 21,935 4,408 20.10% 6,258 30.96% 20,214 (1,850) -29.56%Revenue from Local Agencies 1,773 22,133 - 23,906 1,947 8.14% 1,263 5.69% 22,201 684 54.16%Revenue from State of CA 11,102 31,983 - 43,085 2,019 4.69% 1,961 4.99% 39,302 58 2.96%Revenue from Federal Government 794 7,250 - 8,044 (55) -0.68% 500 7.76% 6,445 (555) -111.00%Fees, Rates and Charges - 32,271 - 32,271 7,997 24.78% 8,127 30.89% 26,306 (130) -1.60%Other Revenues 1,290 12,393 - 13,683 5,739 41.94% 5,905 29.71% 19,873 (166) -2.81% Total General Revenues 14,309 1,370,108 - 1,384,417 201,815 14.58% 196,153 14.73% 1,331,508 5,662 2.89%Transfers & Reimbursements Overhead Reimbursements - 88,842 - 88,842 60,680 68.30% 60,255 68.85% 87,516 425 0.71% Transfers from Other Funds 2,234 36,053 - 38,287 11,538 30.14% 10,991 29.91% 36,745 547 4.98%Reimbursements for Services - 20,973 - 20,973 3,196 15.24% 3,412 17.79% 19,178 (216) -6.33% Total Transfers & Reimbursements 2,234 145,868 - 148,102 75,414 50.92% 74,658 52.05% 143,439 756 1.01%Total Sources 38,404 1,872,287 80,103 1,990,794 735,504 36.95% 969,317 44.94% 2,156,856 (233,813) -24.12% (*) - 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 OCTOBER 31, 2025
(UNAUDITED)
( $000's )
EXPENDITURES
PRIOR YTD % % CHANGE
ADOPTED YTD REVISED CUR YTD PRIOR OF PRIOR CUR YTD LESS CUR YTD ACTUAL FY 2025-2026 BUDGET C/O FY 2025-2026 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 19,545 1,549 160 21,254 4,794 127 22.56% 4,349 29.51% 14,738 445 10.23% City Attorney 19,980 - 1,271 21,251 6,033 1,451 28.39% 5,431 28.43% 19,104 602 11.08%City Auditor 3,147 - - 3,147 948 - 30.12% 859 29.17% 2,945 89 10.36%City Clerk 4,015 27 232 4,274 1,331 114 31.14% 1,004 27.63% 3,634 327 32.57%City Manager 26,213 115 784 27,112 7,811 1,893 28.81% 6,920 28.76% 24,062 891 12.88%Clean Energy 1,177 126 - 1,303 377 - 28.93% - 0.00% - 377 0.00%Finance 24,334 1 1,026 25,361 7,822 1,077 30.84% 6,910 29.39% 23,512 912 13.20%Information Technology 35,431 287 3,151 38,869 9,279 4,124 23.87% 8,606 25.63% 33,583 673 7.82%Human Resources 15,151 - 348 15,499 4,455 4,334 28.74% 3,741 26.09% 14,341 714 19.09%Independent Police Auditor 1,665 - - 1,665 498 - 29.91% 369 27.35% 1,349 129 34.96% Office of Economic Development 8,406 (124) 233 8,515 2,002 275 23.51% 1,977 30.11% 6,567 25 1.26% Total General Government 159,064 1,981 7,205 168,250 45,350 13,395 26.95% 40,166 27.93% 5,184 143,835 12.91% Public Safety
Fire 298,202 1,138 2,970 302,310 106,144 2,905 35.11% 89,670 29.21% 306,971 16,474 18.37% Police 574,132 1,431 2,860 578,423 184,059 3,677 31.82% 159,312 28.69% 555,346 24,747 15.53% Total Public Safety 872,334 2,569 5,830 880,733 290,203 6,582 32.95% 248,982 28.87% 41,221 862,317 16.56% Capital Maintenance
Transportation 55,805 52 1,117 56,974 15,905 3,894 27.92% 15,030 30.18% 49,796 875 5.82% Public Works 57,620 220 854 58,694 15,846 3,061 27.00% 14,906 26.95% 55,315 940 6.31% Total Capital Maintenance 113,425 272 1,971 115,668 31,751 6,955 27.45% 29,936 28.48% 1,815 105,111 6.06% Community Service
Housing 637 - - 637 80 - 12.56% 272 61.40% 443 (192) -70.59% Library 52,108 300 3,178 55,586 16,377 6,232 29.46% 13,157 26.92% 48,881 3,220 24.47%Planning, Bldg & Code Enf. 19,795 280 1,067 21,142 5,732 1,116 27.11% 5,083 28.41% 17,890 649 12.77%Parks, Rec & Neigh Svcs 141,573 52 3,617 145,242 41,792 4,412 28.77% 42,746 31.10% 137,463 (954) -2.23%Environmental Services 4,604 (109) 288 4,783 1,508 1,296 31.53% 1,740 26.43% 6,584 (232) -13.33% Total Community Services 218,717 523 8,150 227,390 65,489 13,056 28.80% 62,998 29.82% 2,491 211,261 3.95%Total Dept. Expenditures 1,363,540 5,345 23,156 1,392,041 432,793 39,988 31.09% 382,082 28.89% 50,711 1,322,524 13.27%(*) - 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 OCTOBER 31, 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 2025-2026 BUDGET C/O FY 2025-2026 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 OCTOBER 31, 2025
( UNAUDITED )
( $000's )
Non-Dept Expenditures
City-wide Expenditures: Community and Economic Develop. 19,094 13,133 12,867 45,094 12,249 8,273 27.16% (2,069) -10.60% 19,521 14,318 -692.03% Environmental & Utility Services 2,945 377 550 3,872 1,286 609 33.21% 108 4.91% 2,200 1,178 1090.74% Public Safety 40,294 496 664 41,454 11,702 706 28.23% 10,717 31.22% 34,329 985 9.19% Neighborhood Services 23,907 9,162 5,419 38,488 3,781 10,686 9.82% 5,387 16.89% 31,901 (1,606) -29.81% Transportation Services 7,393 293 56 7,742 2,090 56 27.00% 1,123 23.15% 4,850 967 86.11% Strategic Support 40,655 4,642 4,852 50,149 8,976 5,651 17.90% 19,516 44.72% 43,645 (10,540) -54.01%Total City-wide Expenditures 134,288 28,103 24,408 186,799 40,084 25,981 21.46% 34,782 25.49% 136,446 5,302 15.24%Other Non-Dept Expenditures: Capital Improvements 47,811 3,700 32,539 84,050 10,406 28,270 12.38% 8,209 13.34% 61,559 2,197 26.76% Transfers to Other Funds 36,278 (736) - 35,542 - - 0.00% - 0.00% 189,136 - 0.00%Total Non-Dept Expenditures 218,377 31,067 56,947 306,391 50,490 54,251 16.48% 42,991 11.10% 387,141 7,499 17.44% Reserves
Contingency Reserve 53,000 - - 53,000 - - 0.00% - 0.00% - - 0.00%Earmarked Reserves 237,370 1,992 239,362 - - - 0.00% 0.00% - - - 0.00% Total Reserves 290,370 1,992 - 292,362 - - 0.00% - 0.00% - - 0.00% Total Uses 38,404 1,872,287 80,103 1,990,794 483,283 94,239 24.28% 425,073 24.86% 58,210 1,709,665 13.69% 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 2025-2026 BUDGET C/O FY 2025-2026 YTD ACTUAL % YTD YEAR-END PRIOR YTD LESS PRIOR YTD
BUDGET AMENDMENTS ENCUMBR BUDGET ACTUAL OF BUDGET ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL Police 784 - - 784 211 26.91% 265 30.42% 871 -20.38% (54) Transportation 1,513 - - 1,513 552 36.48% 605 33.10% 1,828 -8.76% (53) Library 110 - - 110 23 20.91% 26 35.14% 74 -11.54% (3)Parks Rec & Neigh Svcs 23,131 - - 23,131 6,501 28.11% 6,704 31.92% 21,005 -3.03% (203) Miscellaneous Dept Charges 6,733 - - 6,733 710 10.55% 527 20.85% 2,528 34.72% 183 Total Fees, Rates, and Charges - 32,271 - 32,271 7,997 24.78% 8,127 30.89% (130) 26,306 -1.60%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 OCTOBER 31, 2025
SUPPLEMENTAL SCHEDULE - DEPARTMENTAL REVENUES
PRIOR YEAR-END
$
$10
$20
$30
$40
$50
$60
$70
$80
$90
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 2024-2025 YTD FY 2025-2026 YTD
$
$10
$20
$30
$40
$50
$60
$70
$80
$90
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 2024-2025 YTD FY 2025-2026 YTD
Note
Note: 1) The Airport received grant reimbursement of $10.0 million in Coronavirus Response and Relief Supplemental Appropriations (CRRSA) Act Concessions in September 2024 compared to $0 received as of October 2025.
$
$25
$50
$75
$100
$125
$150
$175
$200
$225
$250
$275
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 2024-2025 YTD FY 2025-2026 YTD
$
$15
$30
$45
$60
$75
$90
$105
$120
$135
$150
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 2024-2025 YTD FY 2025-2026 YTD
$
$25
$50
$75
$100
$125
$150
$175
$200
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
(MILLIONS)
WPCP OPERATION FUND 513
Comparison of YTD Revenues vs. Prior YTD Revenues
FY 2024-2025 YTD FY 2025-2026 YTD
$
$25
$50
$75
$100
$125
$150
$175
$200
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 2024-2025 YTD FY 2025-2026 YTD
$
$5
$10
$15
$20
$25
$30
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
(MILLIONS)
GENERAL PURPOSE PARKING FUNDS 533 & 559
Comparison of YTD Revenues vs. Prior YTD Revenues
FY 2024-2025 YTD FY 2025-2026 YTD
$
$5
$10
$15
$20
$25
$30
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
(MILLIONS)
GENERAL PURPOSE PARKING FUNDS 533 & 559
Comparison of YTD Expenditures vs. Prior YTD Expenditures FY 2024-2025 YTD FY 2025-2026 YTD
Note: 1) Decrease in revenues was primarily due to a $29.3 million decrease in power sales resulting from a change in the average rate.
2) Energy costs have been lowered in recent months due to long-term power purchase agreements, the prepayment of certain long-term contracts, and overall market price declines. $
$50
$100
$150
$200
$250
$300
$350
$400
$450
$500
$550
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
(MILLIONS)
CLEAN ENERGY FUND 501
Comparison of YTD Revenues vs. Prior YTD Revenues
FY 2024-2025 YTD FY 2025-2026 YTD
$
$50
$100
$150
$200
$250
$300
$350
$400
$450
$500
$550
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
(MILLIONS)
CLEAN ENERGY FUND 501
Comparison of YTD Expenditures vs. Prior YTD Expenditures FY 2024-2025 YTD FY 2025-2026 YTD
CITY OF SAN JOSE
SPECIAL FUNDS
SOURCE AND USE OF FUNDS
(UNAUDITED)
( $000's )
ADOPTED YTD REVISED PRIOR
FY 2025-2026 BUDGET C/O FY 2025-2026 Y-T-D
BUDGET AMENDMENTS ENCUMBR BUDGET ACTUAL ENCUMBR ACTUAL
Construction/Conveyance Tax
Prior Year Encumbrance - - 11,788 11,788 11,788 - 14,036 Beginning Fund Balance 69,138 10,486 - 79,624 79,624 - 86,955 Revenues 71,600 - - 71,600 14,538 - 11,242
Total Sources 10,486 140,738 11,788 163,012 105,950 - 112,233 Total Uses 10,486 140,738 11,788 163,012 19,740 14,181 24,154 Airport
Prior Year Encumbrance - - 29,087 29,087 29,087 - 30,287 Beginning Fund Balance 365,089 53,227 - 418,316 418,316 - 361,905 Revenues 582,752 10,419 - 593,171 162,896 - 186,529
Total Sources 63,646 947,841 29,087 1,040,574 610,299 - 578,721 Total Uses 63,646 947,841 29,087 1,040,574 131,057 39,051 147,579 Waste Water Treatment
Prior Year Encumbrance - - 159,038 159,038 159,038 - 194,886 Beginning Fund Balance 328,463 (37,714) - 290,749 290,749 - 299,823 Revenues 508,717 69,999 - 578,716 425,210 - 438,849
Total Sources 32,285 837,180 159,038 1,028,503 874,997 - 933,558 Total Uses 32,285 837,180 159,038 1,028,503 278,908 190,201 294,008 Parking
Prior Year Encumbrance - - 5,444 5,444 5,444 - 4,892
Beginning Fund Balance 23,925 4,075 - 28,000 28,000 - 27,845 Revenues 16,750 551 - 17,301 6,824 - 7,077
Total Sources 4,626 40,675 5,444 50,745 40,268 - 39,814 Total Uses 4,626 40,675 5,444 50,745 9,370 17,702 9,357 Municipal Water
Prior Year Encumbrance - - 7,463 7,463 7,463 - 24,737
Beginning Fund Balance 38,143 4,915 - 43,058 43,058 - 38,136 Revenues 138,123 4,054 - 142,177 42,912 - 34,982
Total Sources 8,969 176,266 7,463 192,698 93,433 - 97,855 Total Uses 8,969 176,266 7,463 192,698 33,011 8,963 33,624 Note: Figures may not total due to rounding.
FOR THE MONTHS ENDED OCTOBER 31, 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 2025-2026 BUDGET C/O FY 2025-2026 Y-T-D
BUDGET AMENDMENTS ENCUMBR BUDGET ACTUAL ENCUMBR ACTUAL
FOR THE MONTHS ENDED OCTOBER 31, 2025
YEAR-TO-DATE
Community Energy
Prior Year Encumbrance - - 5,423 5,423 5,423 - 40,656
Beginning Fund Balance 261,513 8,873 - 270,386 270,386 - 272,801 Revenues 477,722 407 - 478,129 190,643 - 223,021
Total Sources 9,280 739,235 5,423 753,938 466,452 - 536,478 Total Uses 9,280 739,235 5,423 753,938 185,413 73,509 239,721 Gas Tax
Revenues 20,000 - - 20,000 3,196 - 3,235
Total Sources - 20,000 - 20,000 3,196 - 3,235
Total Uses - 20,000 - 20,000 3,196 - 3,235
Building and Structures
Prior Year Encumbrance - - 17,140 17,140 17,140 - 11,786 Beginning Fund Balance 57,563 22,564 - 80,127 80,127 - 78,604 Revenues 121,655 (2,805) - 118,850 10,849 - 10,148
Total Sources 19,759 179,218 17,140 216,117 108,116 - 100,538 Total Uses 19,759 179,218 17,140 216,117 12,915 15,825 12,794 Residential Construction
Beginning Fund Balance 3,129 317 - 3,446 3,446 - 2,873
Revenues 315 - - 315 206 - 73
Total Sources 317 3,444 - 3,761 3,652 - 2,946
Total Uses 317 3,444 - 3,761 53 - 38
Transient Occupancy Tax
Prior Year Encumbrance - - 356 356 356 - 721
Beginning Fund Balance 4,480 1,934 - 6,414 6,414 - 4,919 Revenues 27,045 (1) - 27,044 6,355 - 6,005
Total Sources 1,933 31,525 356 33,814 13,125 - 11,645
Total Uses 1,933 31,525 356 33,814 19,468 3,504 17,123
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 2025-2026 BUDGET C/O FY 2025-2026 Y-T-D
BUDGET AMENDMENTS ENCUMBR BUDGET ACTUAL ENCUMBR ACTUAL
FOR THE MONTHS ENDED OCTOBER 31, 2025
YEAR-TO-DATE
Conventions, Arts & Entertainment
Prior Year Encumbrance - - - - - - 3,822
Beginning Fund Balance 6,023 1,113 - 7,136 7,136 - 5,322 Revenues 14,457 176 - 14,633 14,537 - 12,139
Total Sources 1,289 20,480 - 21,769 21,673 - 21,283
Total Uses 1,289 20,480 - 21,769 9,492 3,052 10,360
Golf
Beginning Fund Balance 1,694 230 - 1,924 1,924 - 563
Revenues 1,025 - - 1,025 30 - 184
Total Sources 230 2,719 - 2,949 1,954 - 747
Total Uses 230 2,719 - 2,949 - - -
Real Property Transfer Tax
Prior Year Encumbrance - - 24,575 24,575 24,575 - -
Beginning Fund Balance 140,978 6,065 - 147,043 147,043 - - Revenues 56,300 2,839 - 59,139 27,013 - 10,927
Total Sources 8,904 197,278 24,575 230,757 198,631 - 10,927 Total Uses 8,904 197,278 24,575 230,757 11,304 53,278 5,263 Emergency Reserve
Prior Year Encumbrance - - (36) (36) (36) - 66
Beginning Fund Balance (25,369) 18,468 - (6,901) (6,901) - (28,802) Revenues 39,061 (20,864) - 18,197 544 - -
Total Sources (2,396) 13,692 (36) 11,260 (6,393) - (28,736) Total Uses (2,396) 13,692 (36) 11,260 (5) (36) 4
Low and Moderate Income Housing Asset
Prior Year Encumbrance - - 32,401 32,401 32,401 - 48,203 Beginning Fund Balance 76,920 20,923 - 97,843 97,843 - 62,431 Revenues 14,500 45,280 - 59,780 28,194 - 6,110
Total Sources 66,203 91,420 32,401 190,024 158,438 - 116,744 Total Uses 66,203 91,420 32,401 190,024 13,670 33,647 11,445 Other Special Revenue Funds
Prior Year Encumbrance - - 42,204 42,204 42,204 - 70,718 Beginning Fund Balance 352,644 59,810 - 412,454 412,454 - 376,551 Revenues 664,719 17,313 - 682,032 338,469 - 308,414
Total Sources 77,123 1,017,363 42,204 1,136,690 793,127 - 755,683 Total Uses 77,123 1,017,363 42,204 1,136,690 191,349 234,902 173,537 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 2025-2026 BUDGET C/O FY 2025-2026 Y-T-D
BUDGET AMENDMENTS ENCUMBR BUDGET ACTUAL ENCUMBR ACTUAL
Construction Excise
Prior Year Encumbrance - - 14,240 14,240 14,240 - 24,612 Beginning Fund Balance 76,248 10,495 - 86,743 86,743 - 73,959 Revenues 104,772 112,504 - 217,276 (7,464) - 17,452
Total Sources 122,999 181,020 14,240 318,259 93,519 - 116,023 Total Uses 122,999 181,020 14,240 318,259 34,331 39,751 26,410 Other Capital Funds
Prior Year Encumbrance - - 27,468 27,468 27,468 - 35,115 Beginning Fund Balance 2,038 14,040 - 16,078 16,078 - 97,121 Revenues 209,870 - - 209,870 867 - 2,143
Total Sources 14,040 211,908 27,468 253,416 44,413 - 134,379 Total Uses 14,040 211,908 27,468 253,416 26,590 48,595 27,177 Note: Figures may not total due to rounding.
FOR THE MONTHS ENDED OCTOBER 31, 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 2025-2026 BUDGET C/O FY 2025-2026 Y-T-D
BUDGET AMENDMENTS ENCUMBR BUDGET ACTUAL ENCUMBR ACTUAL
Trust and Agency
Prior Year Encumbrance - - 34 34 34 - 48
Beginning Fund Balance 4,183 6,284 - 10,467 10,467 - 6,269 Revenues 4,073 125 - 4,198 276 - 437
Total Sources 6,409 8,256 34 14,699 10,777 - 6,754
Total Uses 6,409 8,256 34 14,699 2,349 52 541
Note: Figures may not total due to rounding.
FOR THE MONTHS ENDED OCTOBER 31, 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.