City of Stockton
FY 2024-25 Budget Update - First Quarter
General Fund - 100 by Program (Budgetary Basis)
Year to Date
Adopted Approved Activity % o f
Budget Budget Thru 9/30/2024 Budget
Beginning Available Balance 58,566,151$ 58,566,151$ 58,566,151$ Release of Funds 61,963,668 61,963,668
58,566,151 120,529,819 120,529,819
-
Re
venues
General Tax Revenues 244,462,796 244,462,796 22,662,255 9% Measure A/B Sales Tax 47,058,000 47,058,000 3,591,762 8% Program Revenues 19,919,356 19,919,356 3,496,510 18% Interfund Reimbursements 9,043,319 9,043,319 2,049,426 23% 320,483,471 320,483,471 31,799,954 10% Expenditures
Programs
Police 140,438,225 144,311,468 31,421,471 22% Fire 65,831,704 66,819,886 14,479,067 22% Public Works 23,981,461 26,102,585 4,941,696 19% Economic Development 5,842,479 9,638,628 855,925 9% Of
fice of Violence Prevention 839,675 839,675 201,482 24% Meas
ure A - Police Dept 36,159,578 37,100,036 8,849,372 24% Measure A - OVP 1,684,495 1,685,994 425,051 25% 274,777,617 286,498,272 61,174,065 21% Pr
ogram Support for Other Funds
Library 3,950,000 3,950,000 987,500 25% R
ecreation 3,660,000 3,660,000 915,000 25% Enter
tainment Venues 4,490,535 4,490,535 1,122,634 25% Downtown Marina 277,000 277,000 69,250 25%
C
apital Improvement 5,739,000 45,937,195 1,434,750 3% Golf Course 110,000 110,000 27,500 25%
Gr
ant Match 100,000 100,000 6,355 6%
D
evelopment Services 800,000 800,000 200,000 25% R
edevelopment - 2,000,000 500,000 25%
H
ealth Insurance ISF - 2,000,000 -
0%
19,126,535 63,324,730 5,262,989 8% Administration
City Council 1,127,343 4,234,433 300,939 7% C
ity Manager 3,615,313 3,766,965 830,245 22% C
ity Attorney 1,606,307 1,624,456 252,190 16% C
ity Clerk 1,352,374 1,410,905 263,102 19% C
ity Auditor 531,154 956,290 90,929 10%
Adm
inistrative Services 8,021,620 8,215,072 1,542,691 19% Human Resources 3,131,461 4,547,214 558,538 12% T
ax Collection 2,645,190 2,717,176 220,188 8% El
ections 1,000,000 1,197,740 -
0%
Other Administration (42,144) 363,186 12,154 3% Gener
al Legal 500,000 500,000 22,137 4%
23,488,618 29,533,437 4,093,113 14% D
ebt Service 8,887,050 8,887,050 - 0%
Contingency 2,000,000 2,000,000 - T
otal Expenditures 328,279,821 390,243,488 70,530,166 18% Net Annual Activity (7,796,350) (69,760,017) (38,730,212) Proj. Ending Available Balance 50,769,801$ 50,769,801$ Fund Balance as % of Expenses 15% 13%
*Actuals are unaudited and may not include all closing activities *Includes Measure A Revenues and Expenses
ATTACHMENT A