City Council and Concurrent Authorities
September 26, 2023

City of Stockton ATTACHMENT A
FY 2022-23 Budget Update - Third Quarter
General Fund - 100 by Program (Budgetary Basis)
Year to Date Projection Variance
Approved Activity % of 3rd Quarter vs. Approved from
Budget As of 03/31/23 Budget Projection Budget Budget
Beginning Available Balance 47,735,042$ 47,735,042$ 47,735,042$ Release of Funds* 58,254,597 58,254,597 58,254,597 105,989,639 105,989,639 105,989,639
Revenues
General Tax Revenues 217,851,365 140,920,959 65% 231,911,723 14,060,358 6.5% Measure A/B Sales Tax 42,080,000 30,383,558 72% 49,703,488 7,623,488 18.1% Program Revenues 16,695,254 12,034,251 72% 18,647,041 1,951,787 11.7% Interfund Reimbursements 9,017,873 5,182,916 57% 9,513,663 495,790 5.5% 285,644,492 188,521,684 66% 309,775,915 24,131,423 8.4% Expenditures
Programs
Police 156,542,480 103,164,647 66% 139,599,808 16,942,671 10.8% Fire 57,578,388 39,267,394 68% 54,096,473 3,481,915 6.0% Public Works 19,854,657 12,563,947 63% 19,199,261 655,396 3.3% Economic Development 4,305,517 986,879 23% 3,820,757 484,760 11.3% Office of Violence Prevention 2,244,915 1,385,214 62% 1,949,424 295,492 13.2% 240,525,957 157,368,081 65% 218,665,723 21,860,234 9.1% Program Support for Other Funds
Library 4,109,000 3,081,750 75% 4,109,000 - 0.0% Recreation 5,628,000 2,656,500 47% 5,628,000 - 0.0% Entertainment Venues 3,318,000 2,488,500 75% 3,318,000 - 0.0% Downtown Marina 262,000 196,500 75% 262,000 - 0.0% Capital Improvement 48,105,292 9,075,000 19% 48,105,292 - 0.0% Golf Course 110,000 82,500
75% 110,000 - 0.0%
Grant Match 100,000 -
0% -
100,000
100.0%
Development Services 800,000 600,000 75% 800,000 - 0.0% Retirement Trust 10,000,000 -
0% 10,000,000 - 0.0%
Fire Emergency Communications 720,000 - 0% 715,632 4,368 0.6% Radio ISF 5,134,542 -
0% 5,134,542 - 0.0%
78,286,834 18,180,750 23% 78,182,466 104,368 0.1% Administration
City Council 1,124,328 694,351 62% 1,104,304 20,024 1.8% City Manager 2,873,738 1,853,429 64% 2,490,586 383,152 13.3% City Attorney 1,352,865 724,445 54% 1,073,761 279,104 20.6% City Clerk 1,214,561 817,322 67% 1,096,785 117,776 9.7% City Auditor 821,828 396,177 48% 821,828 - 0.0% Administrative Services 6,448,485 4,187,189 65% 5,693,066 755,419 11.7% Human Resources 4,223,219 1,787,262 42% 3,794,539 428,680 10.2% Tax Collection 2,595,756 1,282,331 49% 2,634,479 (38,723) -1.5% Elections 650,000 (315,230) -48% 650,000 - 0.0% Other Administration (533,252) (647,019) 121% (319,367) (213,885) 40.1% General Legal 500,000 158,571 32% 309,760 190,240 38.0% 21,271,528 10,938,829 51% 19,349,740 1,921,787 9.0% Debt Service 8,422,050 -
0% 8,422,050 - 0.0%
Contingency 2,000,000 - 0% 2,000,000 - 0.0% Total Expenditures 350,506,369 186,487,660 53% 326,619,979 23,886,390 6.8% Net Annual Activity (64,861,877) 2,034,024 (16,844,064) 48,017,812 Proj. Ending Available Balance 41,127,762$ 89,145,575 $ 48,017,812 $ Fund Balance as % of Expenses 12% 27%