City of Stockton
FY 2022-23 Budget Update - Second Quarter
General Fund - 100 by Program (Budgetary Basis)
Year to Date Projection Variance
Approved Activity % of 2nd Quarter vs. Approved from
Budget As of 12/31/22 Budget Projection Budget Budget
Beginning Available Balance 47,735,042$ 47,735,042$ 47,735,042$ Release of Funds* 41,558,597 41,558,597 41,558,597 89,293,639 89,293,639 89,293,639
Revenues
General Tax Revenues 217,851,365 58,767,838 27% 230,464,306 12,612,941 5.8% Measure A/B Sales Tax 42,080,000 18,114,979 43% 47,399,580 5,319,580 12.6% Program Revenues 16,386,415 5,906,719 36% 17,570,039 1,183,624 7.2% Interfund Reimbursements 9,017,873 3,601,503 40% 9,439,777 421,904 4.7% 285,335,653 86,391,039 30% 304,873,702 19,538,049 6.8% Expenditures
Programs
Police 156,092,480 68,955,745 44% 139,794,460 16,298,020 10.4% Fire 57,270,581 26,459,262 46% 54,907,679 2,362,902 4.1% Public Works 19,854,657 8,104,921 41% 18,861,586 993,071 5.0% Economic Development 3,990,017 619,772 16% 3,822,219 167,798 4.2% Office of Violence Prevention 2,244,915 957,396 43% 1,913,264 331,651 14.8% 239,452,650 105,097,097 44% 219,299,208 20,153,442 8.4% Program Support for Other Funds
Library 4,109,000 2,054,500 50% 4,109,000 - 0.0% Recreation 3,542,000 1,771,000 50% 3,542,000 -
0.0%
Entertainment Venues 3,318,000 1,659,000 50% 3,318,000 -
0.0%
Downtown Marina 262,000 131,000 50% 262,000 -
0.0%
Capital Improvement 50,756,792 6,050,000 12% 50,756,792 -
0.0%
Golf Course 110,000 55,000 50% 110,000 -
0.0%
Grant Match 100,000 - 0% 43,735 56,265 56.3% Development Services 800,000 400,000 50% 800,000 -
0.0%
Retirement Trust 10,000,000 - 0% 10,000,000 -
0.0%
Fire Emergency Communications 720,000 - 0% 700,000 20,000 2.8% Radio ISF 5,134,542 - 0% 5,134,542 -
0.0%
78,852,334 12,120,500 15% 78,776,069 76,265 0.1% Administration
City Council 1,124,328 467,167 42% 1,091,906 32,422 2.9% City Manager 2,873,738 1,213,396 42% 2,563,289 310,449 10.8% City Attorney 1,352,865 496,937 37% 1,101,911 250,954 18.5% City Clerk 1,214,561 535,204 44% 1,027,397 187,164 15.4% City Auditor 821,828 190,981 23% 821,828 - 0.0% Administrative Services 6,448,485 2,744,876 43% 5,783,417 665,068 10.3% Human Resources 4,223,219 1,192,296 28% 3,989,491 233,728 5.5% Tax Collection 2,595,756 669,985 26% 2,578,738 17,018 0.7% Elections 650,000 (315,230) -48% 650,000 - 0.0% Other Administration (533,252) (556,323) 104% (382,670) (150,582) 28.2% General Legal 500,000 147,307 29% 300,000 200,000 40.0% 21,271,528 6,786,596 32% 19,525,307 1,746,221 8.2% Debt Service 8,422,050 - 0% 8,422,050 - 0.0% Contingency 2,000,000 - 0% 2,000,000 - 0.0% Total Expenditures 349,998,562 124,004,193 35% 328,022,634 21,975,928 6.3% Net Annual Activity (64,662,909) (37,613,154) (23,148,932) 41,513,977 Proj. Ending Available Balance 24,630,730$ 66,144,707$ 41,513,977$ Fund Balance as % of Expenses 7% 20%
ATTACHMENT A