ATTACHMENT A
City of Stockton
FY 2023-24 Budget Update - First and Second Quarter
General Fund - 100 by Program (Budgetary Basis)
Year to Date Year-End Projection Variance
Approved Activity % of Projected vs. Approved from
Budget Thru 12/31/2023 Budget as of 12/31/23 Budget Budget Beginning Available Balance 39,045,490$ 39,045,490$ 39,045,490$ Release of Funds* 48,304,704 48,304,704 48,304,704 87,350,193 87,350,193 87,350,193
Revenues
General Tax Revenues 232,931,661 55,163,105 24% 244,472,417 11,540,756 5.0% Measure A/B Sales Tax 46,338,887 11,704,493 25% 46,596,000 257,113 0.6% Program Revenues 17,074,312 7,112,796 42% 20,213,627 3,139,315 18.4% Interfund Reimbursements 8,978,916 2,598,014 29% 8,979,569 653 0.0% 305,323,776 76,578,408 25% 320,261,614 14,937,837 4.9% Expenditures
Programs
Police 161,086,108 73,269,667 45% 143,452,943 17,633,165 10.9% Fire 60,463,841 28,516,243 47% 59,403,756 1,060,085 1.8% Public Works 22,273,384 8,792,533 39% 18,584,554 3,688,830 16.6% Economic Development 7,722,966 1,319,038 17% 3,362,217 4,360,749 56.5% Office of Violence Prevention 2,265,599 1,057,787 47% 2,239,830 25,769 1.1% 253,811,898 112,955,268 45% 227,043,300 26,768,598 10.5% Program Support for Other Funds
Library 4,109,000 2,054,500 50% 4,109,000 - 0.0% Recreation 3,292,592 1,646,296 50% 3,292,592 -
0.0%
Entertainment Venues 4,446,074 2,223,037 50% 4,446,074 -
0.0%
Downtown Marina 262,000
131,000 50% 262,000 -
0.0%
Capital Improvement 41,818,303 2,575,000 6% 41,818,303 -
0.0%
Golf Course 110,000
55,000
50% 110,000 -
0.0%
Grant Match 100,000
-
0% -
100,000
100.0%
Development Services 800,000
400,000 50% 800,000 -
0.0%
54,937,969 9,084,833 17% 54,837,969 100,000 0.2% Administration
City Council 1,178,713 506,917 43% 1,068,782 109,931 9.3% City Manager 3,350,649 1,162,656 35% 2,896,836 453,813 13.5% City Attorney 1,488,127 559,001 38% 1,156,851 331,276 22.3% City Clerk 1,248,120 595,186 48% 1,205,433 42,687 3.4% City Auditor 1,050,040 148,114 14% 513,147 536,893 51.1% Administrative Services 6,802,864 2,551,362 38% 6,674,487 128,377 1.9% Human Resources 4,364,245 1,146,091 26% 2,306,275 2,057,970 47.2% Tax Collection 2,789,474 496,709 18% 2,619,000 170,474 6.1% Elections 550,000
-
0% 850,000 (300,000) -54.5%
Other Administration (40,191)
(381,518) 949% (307,038) 266,847 -664.0% General Legal 500,000
184,402 37% 500,000 -
0.0%
23,282,042 6,968,921 30% 19,483,773 3,798,269 16.3% Debt Service 7,988,425 -
0% 9,061,425 (1,073,000) -13.4%
Contingency - -
-
-
T
otal Expenditures 340,020,335 129,009,022 38% 310,426,467 29,593,868 8.7% Net Annual Activity (34,696,559) (52,430,614) 9,835,147 44,531,705 Proj. Ending Available Balance 52,653,635$ 97,185,340$ 44,531,705$ Fund Balance as % of Expenses 15% 31%