City Council and Concurrent Authorities
January 23, 2024

City of Stockton ATTACHMENT A
FY 2022-23 Budget Update - Year End
General Fund - 100 by Program (Budgetary Basis)
Year-End Year-End Year-End
Approved Projection Actuals Year End Projection
Budget as of 3rd Quarte r as of 4th Quarter Projection vs. Budget % Beginning Available Balance 47,735,042$ 47,735,042 $ 47,966,763 $ 47,735,042 $ Release of Funds* 58,254,597 58,254,597 58,254,597 58,254,597 105,989,639 105,989,639 106,221,360 105,989,639 Revenues
General Tax Revenues 217,851,365 231,911,723 243,478,981 243,478,981 25,627,616 11.8% Measure A/B Sales Tax 42,080,000 49,703,488 49,703,488 49,703,488 7,623,488 18.1% Program Revenues 16,695,254 18,647,041 18,900,352 18,900,352 2,205,098 13.2% Interfund Reimbursements 8,960,158 9,513,663 9,676,928 9,676,928 716,770 8.0%
285,586,777 309,775,915 321,759,749 321,759,749 36,172,972 12.7% Expenditures
Programs
Police 156,542,480 139,599,808 140,935,908 142,693,394 13,849,086 8.8% Fire 57,578,388 54,096,473 53,535,750 54,585,349 2,993,039 5.2% Public Works 19,854,657 19,199,261 18,241,837 19,854,657 - -
Economic Development 4,305,517 3,820,757 1,403,316 3,898,145 407,372 9.5% Office of Violence Prevention 2,244,915 1,949,424 1,936,562 1,953,651 291,265 13.0% 240,525,957 218,665,723 216,053,373 222,985,195 17,540,761 7.3% Program Support for Other Funds
Library 4,109,000 4,109,000 4,109,000 4,109,000 - - Recreation 5,628,000 5,628,000 3,542,000 5,628,000 - -
Entertainment Venues 3,318,000 3,318,000 3,318,000 3,318,000 - -
Downtown Marina 262,000
262,000
262,000
262,000
-
-
Capital Improvement 48,244,791 48,105,292 14,576,488 48,244,791 - -
Golf Course 110,000
110,000
110,000
110,000
-
-
Grant Match 100,000
-
-
-
100,000 100.0%
Development Services 800,000
800,000
800,000
800,000
-
-
Retirement Trust 10,000,000 10,000,000 10,000,000 10,000,000 - -
Fire Emergency Communications 720,000
715,632
715,362
715,362
4,638 0.6%
Radio ISF 5,134,542 5,134,542 5,134,542 5,134,542 - -
78,426,333 78,182,466 42,567,392 78,321,695 104,638 0.1% Administration
City Council 1,124,328 1,104,304 977,244 1,106,421 17,907 1.6% City Manager 2,873,738 2,490,586 2,502,467 2,512,768 360,971 12.6% City Attorney 1,352,865 1,073,761 1,085,534 1,089,442 263,423 19.5% City Clerk 1,214,561 1,096,785 1,095,566 1,135,939 78,622 6.5% City Auditor 821,828
821,828
399,892
807,357
14,471 1.8%
Administrative Services 6,385,393 5,693,066 5,637,920 5,770,580 614,813 9.6% Human Resources 4,223,219 3,794,539 2,383,769 3,754,859 468,360 11.1% Tax Collection 2,658,848 2,634,479 2,437,657 2,608,132 50,716 1.9% Elections 650,000
650,000
87,883
87,883
562,117 86.5%
Other Administration (533,252) (319,367) (429,312) (104,649) (428,603) 80.4%
General Legal 500,000
309,760
293,552
293,552
206,448 41.3%
21,271,528 19,349,740 16,472,173 19,062,282 2,209,246 10.4% Debt Service 8,422,050 8,422,050 8,422,050 8,422,050 - -
Contingency 2,000,000 2,000,000 - -
2,000,000 100.0%
Total Expenditures 350,645,868 326,619,979 283,514,988 328,791,223 21,854,645 6.2% Net Annual Activity (65,059,091) (16,844,064) 38,244,761 (7,031,474) (58,027,617) Proj. Ending Available Balance 40, 930,548$ 89,145,575 $ 144,466,121 $ 98,958,165 $ 58,027,617 $ Fund Balance as % of Expenses 12% 27% 51% 30%