Town of Yountville
Staff Report
6550 Yount Street
Yountville, CA 94599
Agenda Item #: 8C
Yountville Town Council Staff Report
DATE: May 5, 2026
TO: Mayor and Town Council
FROM: Celia King, Administrative Service Director
PREPARED BY: Kyle Batista, Financial Analyst
RECOMMENDATION
Receive and file March 2026 Monthly Financial Report.
DISCUSSION/BACKGROUND
The Monthly Financial Reports are presented to provide a summary overview of revenues and expenses of the Town’s major funds: General Fund, Capital Projects Fund, Water and Wastewater Enterprise Funds.
See below for the March 2026 Financial Report. March represents 75% of the fiscal year.
General Fund Revenues including transfers in have reached 62% of fiscal year 2025/2026 budgeted amounts.
Transient Occupancy Tax (TOT) revenue reflected in this March 2026 Monthly Financial Report is applicable to collections through February. Sales tax receipts lag 2½ - 3 months behind the actual collection period and the sales tax revenue reflected in this March 2026 report is applicable to the month of January. The Town received its first installment of property tax payments in December 2025 and is expecting to receive its second larger installment in April or May 2026.
Budget
15,110,269
As of 3/31/2026
9,391,127
-
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
14,000,000
16,000,000
General Fund Revenues
General Fund Expenditures including transfers out have reached 73% of fiscal year 2025/2026 budgeted amounts.
General Fund department expenditures that appear to be higher than the percent of budget to date are because of payments that are due at the beginning of the fiscal year.
In the February 3rd, 2026, Town Council meeting, Council approved a transfer of $3,050,000 of the fiscal year 2024/2025 General Fund Unassigned Fund Balance to Fund 50 to support the Yountville Commons project via Resolution Number 26-4399. This planned usage of fund balance is reflected in the budgeted expenditures.
Additional Information
Capital projects MT-3026 and MU-3026 are within the same fund and are only shown separately for accounting and required reporting purposes. Project expenditures are within the overall Measure T/U Fund 25 approved budget.
The large transfers budgeted in the Water Capital Improvement Fund 60 from Funds 06 and 57 are to support the 1 Million Gallon Water Storage Tank project as approved during the mid-cycle biennial budget update.
ENVIRONMENTAL REVIEW
Exempt per California Environmental Act (CEQA) Guideline, Section 15061(b)(3).
FISCAL IMPACT
Is there a Fiscal Impact? No
Is it Currently Budgeted? N/A
Where is it Budgeted? N/A
Is it Mandatory or Discretionary? Discretionary
Is there a Staff Resource Impact? No
ATTACHMENTS
1. March 2026 Financial Report
Budget
18,591,543
As of 3/31/2026
13,518,304
-
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
14,000,000
16,000,000
18,000,000
20,000,000
General Fund Expenditures
TOWN OF YOUNTVILLE
MONTHLY FINANCIAL REPORT
March 31, 2026
General Fund Revenues
The following is a summary of General Fund revenue by major category as of March 31, 2026.
March is 75.0% of the Fiscal Year:
Revenues: Budget* Actual Variance % of Budget Note
Property Taxes 2,733,100 1,347,553 (1,385,547) 49.3% Note 1 Sales Taxes 1,723,606 1,056,139 (667,467) 61.3% Note 2
Other Taxes 180,000 40,355 (139,645) 22.4%
Transient Occupancy Tax 8,785,600 5,715,439 (3,070,161) 65.1% Note 3 Investment Earnings 55,000 54,911 (89) 99.8%
Licenses & Permits 160,275 149,186 (11,089) 93.1%
Fines & Forfeitures 4,250 1,192 (3,058) 28.0%
Rents & Concessions 373,072 340,763 (32,309) 91.3%
Intergovernmental 201,600 196,912 (4,688) 97.7%
Parks & Recreation Fees 454,715 254,973 (199,742) 56.1% Charges for Services 276,100 131,201 (144,899) 47.5%
Miscellaneous 148,308 92,978 (55,330) 62.7%
Total 15,095,626 9,381,601 (5,714,025) 62.1%
Transfers: Budget Actual Variance % of Budget Note
Tourist Imp. Dist. (Fund 22) 14,643 9,526 (5,117) 65.1% Total 14,643 9,526 (5,117) 65.1%
Note 1: The Town received its first large installment of property taxes in December and is expecting to receive its second large installment in April or May.
Note 2: Sales tax receipts lag 2 ½ - 3 months behind the actual collection period.
Note 3: TOT is due one month after the collection period and received within 30 days after the collection period.
TOWN OF YOUNTVILLE
MONTHLY FINANCIAL REPORT
March 31, 2026
General Fund Expenditures
The following is a summary of General Fund Expenditures by major category as of March 31, 2026:
March is 75.0% of the Fiscal Year:
Expenditures Budget* Actual Variance % of Budget
Town Council/Mayor 1001 245,064 113,993 (131,071) 46.5% Non-Departmental 1010 282,183 95,234 (186,948) 33.7%
Town Manager 1101 484,936 332,439 (152,497) 68.6%
Information Technology 1011 - - - 0.0% Note 1
Community Promotion 1015 492,106 409,843 (82,263) 83.3% Finance 1102 988,104 585,087 (403,017) 59.2%
Risk Management 1103 80,850 17,138 (63,712) 21.2%
Town Attorney 1105 326,000 223,200 (102,801) 68.5%
Town Clerk 1110 963,995 608,164 (355,832) 63.1%
Planning & Building 2115 1,347,774 797,688 (550,086) 59.2% Law Enforcement Services 3200 1,471,055 1,097,708 (373,347) 74.6% Fire & Emergency Services 3201 1,552,975 892,799 (660,176) 57.5% Note 2 PW Admin. & Engineering 4301 899,549 607,290 (292,259) 67.5% PW Street Maintenance 4305 495,241 282,685 (212,556) 57.1% PW Park Maintenance 4320 1,072,921 635,975 (436,946) 59.3% PW Government Bldgs. 4325 963,537 720,344 (243,193) 74.8% Parks & Rec Admin & Services 5405 695,694 508,782 (186,912) 73.1% Parks & Rec Camp Programs 5406 381,060 278,424 (102,636) 73.1% Community Center 5408 424,294 269,414 (154,880) 63.5%
Parks & Rec Leisure Prog. 5410 381,253 238,201 (143,052) 62.5% Parks & Rec Sports Prog. 5412 63,238 44,351 (18,887) 70.1% Parks & Rec Community Events 5413 241,466 188,005 (53,461) 77.9% Yountville Arts 5415 180,648 104,539 (76,109) 57.9%
Total Expenditures 14,033,943 9,051,304 (4,982,638) 64.5% Transfers Out:
Public Arts Fund 7923 12,000 12,000 - 100.0%
Capital Projects Fund 7950 3,650,000 3,650,000 - 100.0% Housing Opportunity Fund 7970 78,600 - (78,600) 0.0%
Water Subsidy 7961 6,000 - (6,000) 0.0%
Wastewater Subsidy 7962 6,000 - (6,000) 0.0%
2017 Lease Rev. Debt Service 7954 515,000 515,000 - 100.0% 2020 Lease Fin. Debt Service 7955 290,000 290,000 - 100.0% Total Transfers Out: 4,557,600 4,467,000 (90,600) 98.0% Note 1: Allocations of information technology are made to each department so no expenses are shown for program.
Note 2: Payments for Fire & Emergency Services are typically made bi-annually, in January or February and June. * Budget includes amounts for prior year purchase order rollover and reflects all Fiscal Year 2025/2026 budget adjustments.
TOWN OF YOUNTVILLE
MONTHLY FINANCIAL REPORT
March 31, 2026
CAPITAL PROJECTS
Expenditures Budget * Actual Variance % of Budget
Community Center Enhancements CF-0022 325,552 199,027 126,525 61.1% Community Center/Hall Solar Panel Repair, Repl & Maint CF-0040 75,000 1,600 73,400 2.1% Community Center, Town Hall and Corpyard Asphalt Repairs CF-0041 175,000 - 175,000 0.0% Replace Basketball Hoops at Community Gym CF-0045 36,241 28,974 7,267 79.9% Yountville Commons CF-0046 4,034,161 664,710 3,369,452 16.5% Vineyard Park Repair & Maintenance CF-0050 225,000 8,835 216,165 3.9% North Park Facility Enhancements CF-0051 75,000 - 75,000 0.0% Interior Paint of Schmitt Hall CF-0052 75,000 53,000 22,000 70.7% Painting of Floor at Schmitt Hall CF-0053 50,000 - 50,000 0.0% Town Facilities Backflow Maintenance and Repair Program CF-2026 50,000 11,399 38,601 22.8% Virtual Power Nodes CP-0033 350,000 35,360 314,640 10.1% Workable 3 Bin Waste Sorting CP-0035 200,000 25,323 174,677 12.7% YountFill Water Stations CP-0037 200,000 31,372 168,628 15.7% ADA Accessibility Improvements Program CP-2026 134,000 105,100 28,900 78.4% Town Wide Flood Management Assessment DF-0021 100,000 31,063 68,937 31.1% Oak Circle Spillway and Warning System Improvements DF-0022 75,000 73,312 1,688 97.7% Town Wide Drainage and Erosion Program DF-2026 23,000 23,000 - 100.0% Hydroflush Weirs and Floodwall Operation Program DF-3026 75,000 - 75,000 0.0% Paving Projects - Plan, Specs, and Engineering GT-3026 93,000 31,058 61,943 33.4% Yountville Commons (Measure S) MS-0046 1,079,572 638,299 441,272 59.1% Annual Street Maintenance & Paving Program (Measure T) MT-3026 1,097,094 1,209,236 (112,142) 110.2% Annual Street Maintenance & Paving Program (Measure U) MU-3026 844,000 - 844,000 0.0% Curb, Gutter, and Sidewalk Replacement SB-6026 257,261 68,800 188,461 26.7% Surveys and Monuments ST-0004 25,000 10,372 14,628 41.5% Washington Street South Parking Lot ST-0027 366,579 59,782 306,797 16.3% Replace 2013 Pickup Truck ST-0031 100,000 - 100,000 0.0% New Path Southern Loop Design ST-0034 125,000 - 125,000 0.0% Mobility Plan & Wayfinding ST-0035 353,833 117,940 235,893 33.3% EV Lawn Mower ST-0037 50,000 26,525 23,475 53.0%
Pedestrian and Bicycle Facility Projects ST-0038 40,000 - 40,000 0.0% Yountville Cross Rd Ped/Bicycle Improvements ST-0039 125,000 - 125,000 0.0% Traffic Calming Program ST-4026 25,000 22,950 2,050 91.8% -
Total 10,859,293 3,477,037 7,382,257 32.0%
* Budget includes amounts for prior year purchase order rollover and reflects all Fiscal Year 2025/2026 budget adjustments.
TOWN OF YOUNTVILLE
MONTHLY FINANCIAL REPORT
March 31, 2026
CAPITAL PROJECTS
Expenditures - Water & Wastewater Budget * Actual Variance % of Budget 1MG Water Tank, Water Main, Design and Construction WA-0019 3,250,000 - 3,250,000 0.0% Water System Inter Tie Projects WA-0020 52,269 8,817 43,452 16.9% Well Filter Media WA-0024 50,000 905 49,095 1.8%
Active Chlorine Monitoring Equipment at Well WA-0026 16,670 16,569 101 99.4% Chlorine Residual Monitoring PRV's Finnell and TH WA-0028 22,165 22,165 - 100.0% Chemical Storage Tank for Well 500GAL WA-0029 50,000 - 50,000 0.0% Water Meter Replacement Program WA-2026 35,500 808 34,692 2.3% Main and Service Lateral Replacement Program WA-3026 250,000 88,955 161,045 35.6% Hydrant Repair Replacement WA-5026 57,163 22,886 34,277 40.0% SCADA Maintenance WA-6026 15,000 473 14,527 3.2%
WWRF Office Modernization WW-0011 1,850,000 13,567 1,836,433 0.7% Clean Digester (Rebuild Sludge Heater & Add Sludge Mixing System)WW-0019 150,000 - 150,000 0.0% Assess & Replace Trickling Filter Media WW-0024 30,000 - 30,000 0.0% Design & Construct Headworks Improvements WW-0027 200,000 - 200,000 0.0% Sludge Handling/Drying/Disposal Improvements WW-0028 200,000 - 200,000 0.0% Paint Wastewater Facilities, Structures, and Equipment WW-0031 175,000 - 175,000 0.0% Water Reclamation Facility Master Plan WW-0034 429,167 265,957 163,210 62.0% Pond Site Fencing, Grading, & Drainage Improvements WW-0038 16,500 - 16,500 0.0% New Vactor Truck WW-0041 428,165 428,165 - 100.0%
Recycled Water Transmission Main Repair WW-0042 1,625,692 16,701 1,608,990 1.0% Inflow & Infiltration Reduction Program WW-2026 186,476 64,825 121,651 34.8% Sewer Main Replacement and Repair Program WW-3026 125,500 68,012 57,488 54.2% Plant Equipment Replacement Program WW-4026 111,458 42,708 68,750 38.3% Town Pump Station Equipment Replacement Program WW-5026 95,000 26,933 68,067 28.4% SCADA Controls WW-6026 30,000 11,094 18,906 37.0%
SCADA Improvements WW-7026 70,614 55,179 15,435 78.1%
SCADA Control Maintenance Pump Station WW-8026 15,000 152 14,848 1.0% Total 9,537,339 1,154,872 8,382,467 12.1%
* Budget includes amounts for prior year purchase order rollover and reflects all Fiscal Year 2025/2026 budget adjustments.
TOWN OF YOUNTVILLE
MONTHLY FINANCIAL REPORT
March 31, 2026
WATER CAPITAL IMPROVEMENT FUND (60) Budget Actual Variance % of Budget Revenues - System Replacement Fees 169,800 130,739 (39,061) 77.0% Impact Fees - 3,312 3,312 0.0%
Interest Income 4,500 27,883 23,383 619.6%
Transfers from Water Operating Fund (61) 100,000 100,000 - 100.0% Transfers from Util Ent Proj Fund (06) 1,475,000 250,000 (1,225,000) 16.9% Transfers from Water Drought Reserve Fund 57 2,000,000 - (2,000,000) 0.0% Total Revenues 3,749,300 511,934 (3,237,366) 13.7%
Capital Improvement (60-4500) 3,898,767 235,922 (3,662,845) 6.1% Total Expenses 3,898,767 235,922 (3,662,845) 6.1%
Net Operating Income/(Loss or use of Fund Balance) (149,467) 276,012 425,480 WATER OPERATING ENTERPRISE FUND (61) Budget Actual Variance % of Budget Revenues - Utilities 2,027,250 1,590,071 (437,179) 78.4% Interest Income 3,500 22,305 18,805 637.3%
Transfer-Water Subsidy (01) 6,000 - (6,000) 0.0%
Total Revenues 2,036,750 1,612,377 (424,373) 79.2%
O & M Expenses (61-4505) 837,792 480,749 (357,043) 57.4% Water Purchases (61-4507) 1,056,566 804,151 (252,415) 76.1% Transfer to Wtr Cap Improv (60-4500) 100,000 100,000 - 100.0% Total Expenses 1,994,358 1,384,900 (609,458) 69.4%
Net Operating Income/(Loss or use of Fund Balance) 42,392 227,476 185,084 WASTEWATER OPERATING ENTERPRISE FUND (62) Budget Actual Variance % of Budget Revenues - Utilities 2,891,160 2,233,232 (657,928) 77.2% Interest Income 7,500 32,569 25,069 434.3%
Transfer-Wastewater Subsidy (01) 6,000 - (6,000) 0.0%
Total Revenues 2,904,660 2,265,801 (638,859) 78.0%
-
WW Collection (62-4510) 527,203 306,073 (221,130) 58.1% WW Treatment (62-4515) 2,261,796 1,374,154 (887,642) 60.8% Transfer to Capital (63/64) 500,000 400,000 (100,000) 80.0% Total Expenses 3,288,999 2,080,227 (1,208,772) 63.2%
Net Operating Income/(Loss or use of Fund Balance) (384,339) 185,574 569,913 JOINT TREATMENT CAPITAL FUND (63) Budget Actual Variance % of Budget System Replacement Fees 267,600 203,617 (63,983) 76.1%
Revenues Capital Recovery Vets 1,525,000 50,000 (1,475,000) 3.3% Interest Income 40,000 106,289 66,289 265.7%
Transfer from Wastewater Operating (62) 25,000 25,000 - 100.0% Total Revenues 1,857,600 384,906 (1,472,694) 20.7%
WW Joint Treatment Plant (63-4518) 5,328,091 742,933 (4,585,159) 13.9% Total Expenses 5,328,091 742,933 (4,585,159) 13.9%
Net Operating Income/(Loss or use of Fund Balance) (3,470,491) (358,027) 3,112,465 WASTEWATER UTILITY CAPITAL FUND (64) Budget Actual Variance % of Budget Transfer from WW Operating (62) 375,000 375,000 - 100.0% Impact Fees - 4,814 4,814 0.0%
Interest Income 5,000 9,155 4,155 183.1%
Total Revenues 380,000 388,969 8,969 102.4%
-
WW Capital Improvement (64-4519) 922,141 637,126 (285,015) 69.1% Transfer to Debt Service (55) 29,697 29,697 - 100.0%
Total Expenses 951,838 666,823 (285,015) 70.1%
Net Operating Income/(Loss or use of Fund Balance) (571,838) (277,853) 293,984