FY 24-26 ADOPTED BUDGET

General Fund Six - Year Forecast (continued)

23-24

24-25

25-26

26-27

27-28

28-29

29-30

Year End Projection

Adopted

Adopted

Forecast

Forecast

Forecast

Forecast

Beginning Fund Balance

$

33,224,036 54,844,986 (60,568,987)

$

27,500,035 56,220,919 (62,533,138) 1,000,000 22,187,816

$

22,187,816 57,837,008 (63,252,902) 1,000,000 17,771,922

$

17,771,922 60,040,083 (64,842,607) 1,500,000 14,469,398

$

14,469,398 61,805,000 (65,913,999) 1,500,000 11,860,399

$

11,860,399 64,285,619 (67,349,433) 1,500,000 10,296,586

$

10,296,586 66,941,002 (68,773,975)

Revenues

Expenditures Budget Savings

1,500,000 9,963,613

Ending Fund Balance

$

27,500,035

$

$

$

$

$

$

GF Fund Balance/Reserves (%)

50%

39%

31%

24%

19%

16%

15%

Operating Margin

$

(5,724,001)

$

(6,312,219)

$

(5,415,894)

$

(4,802,524)

$

(4,108,999)

$

(3,063,814)

$

(1,832,973)

23-24

24-25

25-26

26-27

27-28

28-29

29-30

Year End Projection

Adopted

Adopted

Forecast

Forecast

Forecast

Forecast

GENERAL FUND REVENUE DETAIL Property Taxes (Secured and Unsecured)

12,890,000 5,444,000

12,848,960 5,770,640

13,748,012 6,174,585

14,572,098 6,545,060

15,445,593 6,937,763

16,371,470 7,354,029 1,056,365 13,940,748 3,232,658 3,835,578

17,352,865 7,795,271 1,119,747 14,375,470 3,329,638 4,012,357

VLF In-Lieu Property Tax

RDA Pass-Through

782,000

828,920

886,944

940,161

996,571

Sales Tax

12,107,355 2,600,000 3,010,000

12,352,215 2,678,000 3,185,872

12,711,087 2,958,340 3,354,166

13,108,920 3,047,090 3,506,874

13,518,687 3,138,503 3,667,218

Transient Occupancy Taxes Franchise (Refuse,Cable,PG&E)

Public Safety Sales Tax Property Transfer Tax

451,390 510,000

464,254 600,000

478,182 642,000

492,527 680,520

507,303 721,351

522,522 764,632

538,198 810,510

Total Taxes

37,794,745

38,728,861

40,953,316

42,893,250

44,932,989

47,078,002

49,334,056

Business License Other Permits

200,000 95,039 295,039

200,000 114,239 314,239

200,000 116,239 316,239

206,000 119,580 325,580

212,180 123,020 335,200

218,550 126,570 345,120

225,110 130,230 355,340

Total Licenses/Permits

Parking Enforcement Code Compliance

29,800 47,875 77,675

29,800 55,000 84,800

29,800 55,000 84,800

30,690 56,650 87,340

31,610 58,350 89,960

32,560 60,100 92,660

33,540 61,900 95,440

Total Fines And Penalties

Motor Vehicle In-Lieu

60,000

61,800

63,654 866,895 930,549

65,564 900,150 965,714

67,531 934,810

69,556 970,920

71,643

Other Revenue/Other Agencies

1,593,738 1,653,738

1,924,881 1,986,681

1,008,560 1,080,203

Total Other Agencies

1,002,341

1,040,476

RCSD Programs

5,638,174 1,631,584

6,369,897 1,756,111

6,969,458 1,727,037

7,178,540 1,744,573

7,393,900 1,764,176

7,615,710 1,816,715

7,844,210 1,871,191

General Administration Overhead

Fire Fees

216,150 625,698

222,000 591,629

222,000 598,808

228,660 615,083

235,530 631,851

242,590 649,121

249,870 666,908

Other Charges For Current Services

Total Current Services

8,111,606

8,939,637

9,517,303

9,766,856

10,025,457

10,324,136

10,632,179

Interest Earnings Facility Rentals Other Rentals Miscellaneous

800,000

900,000

800,000

600,000

500,000

400,000

350,000

1,557,515

1,271,957

1,322,975

1,362,660

1,403,530

1,445,650

1,489,020

409,006 631,470

400,483 228,500

406,053 75,000

413,012 75,600

420,182 76,220

427,562 76,860

435,162 77,520

Total Other Revenue

3,397,991

2,800,941

2,604,029

2,451,272

2,399,932

2,350,072

2,351,702

Transfer from Development Services

-

-

-

250,000

250,000

250,000

250,000

Transfer from Environmental Remediation

145,427 81,100 75,000 650,000 277,000 788,000 472,354 845,311 180,000

-

-

-

- -

- -

- -

Transfer from Open Space

81,100 100,000 650,000 150,000 827,400 540,328 851,932 165,000

81,100 100,000 650,000 150,000 868,780 563,961 851,932 165,000

81,100 100,000 485,000 150,000 886,160 580,880 851,932 165,000

Transfer from Park Development Transfer from Park Maintenance Transfer from Public Safety Transfer from Sewer/Water Transfer from Solid Waste Transfer from Street Maintenance Transfer from Various Funds

100,000

100,000

100,000

-

-

-

150,000 903,880 598,310 851,932 165,000

150,000 921,960 616,260 851,932 165,000

150,000 940,400 634,750 851,932 165,000

Total Transfers In

3,514,192

3,365,760

3,430,773

3,550,072

3,019,122

3,055,152

3,092,082

TOTAL REVENUES

54,844,986

56,220,919

57,837,008

60,040,083

61,805,000

64,285,619

66,941,002

326 SPECIAL ANALYSIS