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HomeMy WebLinkAboutFinance Committee 2025-11-04 Agenda PacketSAN RAFAEL CITY COUNCIL FINANCE SUBCOMMITTEE Tuesday, November 4, 2025 9:30-10:30 AM Third Floor Conference Room San Rafael City Hall 1400 Fifth Avenue, San Rafael, CA 94901 Watch Online: Watch on Zoom Webinar: https://cityofsanrafael-org.zoom.us/j/81282616781 Listen by phone: (669) 444-9171 ID: 812 8261 6781 One Tap Mobile: +16694449171,,81282616781# US SPECIAL MEETING AGENDA 1.Call to Order 2.Approval of Minutes a.Approve the minutes of the September 2, 2025 meeting Recommended Action – Approve minutes as submitted. 3.Open Time for Public Expression a.The public is welcome to address the Committee at this time on matters not on the agenda that are within its jurisdiction. Comments may be no longer than two minutes and should be respectful to the community 4.Reports/Action Items a.FY 2024-25 Annual Comprehensive Financial Report (ACFR) and Report for City’s Independent Auditor The Subcommittee will receive a preview of a City Council agenda item related to the Annual Comprehensive Financial Report a related Audit Reports for the fiscal year ended June 30, 2025, scheduled for the City Council meeting of 12/1/25. Recommended Action – Receive verbal report b.FY 2025-26 First Quarter Budget Update The Subcommittee will receive a preview of a City Council agenda item related to the FY2025-26 First Quarter Budget Update scheduled for the City Council meeting of 11/17/25. Recommended Action – Receive informational report 5.Future Agenda Items a.Setting Regular Finance Subcommittee Meeting schedule for calendar year 2026 b.Agenda planning for the upcoming meetings: i.Initial discussion of potential 2026 ballot measures (12/2/25) ii.Mid-Year Budget Update (January 2026) iii.Recreation Program Fee Study / Recommendations 6.Adjournment Any records relating to an agenda item, received by a majority or more of the board or commission less than 72 hours before the meeting, shall be available for inspection in the City Clerk’s OƯice, room 209, 1400 Fifth Avenue, Sign Language interpreters and assistive listening devices may be requested by calling (415) 485-3066 (voice), emailing Lindsay.lara@cityofsanrafael.org or using the California Telecommunications Relay Service by dialing “711”, at least 72 hours in advance of the meeting. Copies of documents are available in accessible formats upon request. Public transportation is available through Golden Gate Transit, Line 22 or 23. Paratransit is available by calling Whistlestop. Wheels at (415) 454-0964. To allow individuals with environmental illness or multiple chemical sensitivity to attend the meeting/hearing, individuals are requested to refrain from wearing scented products. SAN RAFAEL CITY COUNCIL FINANCE SUBCOMMITTEE MEETING Wednesday, August 6, 2025 | 1:30 PM – 3:00 PM THIRD FLOOR CONFERENCE ROOM SAN RAFAEL CITY HALL 1400 FIFTH AVENUE, SAN RAFAEL, CALIFORNIA MEETING MINUTES 1.Call to Order Time called to order: 1:30pm Present: Mayor Kate Collins, Councilmember Eli Hill Staff Present: Paul Navazio (staff liaison), Cristine Alilovich, Andrea Visveshwara, Micah Hinkle 2.Open Time for Public Expression The public is welcome to address the Subcommittee at this time on matters not on the agenda that are within its jurisdiction. Comments may be no longer than two minutes and should be respectful to the community. •None. 3.Approval of Minutes Approval of Minutes of the Regular Finance Subcommittee meeting of May 13, 2025 Action – Approved 2-0 (Mayor Kate, Councilmember Hill) 4.Park Impact Fee Program Update (Community and Economic Development, Library & Recreation) This item was removed from the agenda by City Manager Alilovich and will be placed on a future Finance Sub-Committee meeting agenda. 5.Preliminary FY2024/25 Unaudited Financial Results (Finance) The Subcommittee received a preview of unaudited budget-to-actual revenue and expenditure results for the fiscal year ended June 30, 2025. Update focused on General Fund revenue and expenditure results relative to projections used in development of the FY2025/26 budget, as well as selected year-end budget adjustments requiring City Council approval. Staff provided a summary of preliminary recommendations for carry-over of unencumbered FY2024/25 budget appropriations to FY2025/26. This item is scheduled for the City Council meeting of September 2, 2025. •General Fund Year-end Results – o Highlights: Preliminary General Fund operating results combined to yield a modest increase in General Fund fund balances as of June 30, 2025, with revenues generally on target with budget projections and expenditures slightly under budget. Agenda Item 2.a  Fourth Quarter Sales Tax receipts are still outstanding; however, projections have been downgraded as a results through the third quarter  Personnel expenditures ended the year consistent with budget projections; however, this result is in contrast to recent historical results wherein personnel expenditures have ended the year significantly under budget.  These results reflect an overall tightening of budget vs actual results, and suggest that the General Fund will have limited ability to support one-time supplemental funding needs on a going forward basis. o Committee members commented on the General Fund operating results reflecting more accurate budget projections. o Mayor Kate noted that this result is consistent with the personnel cost estimates developed in the context of the labor negotiations as well as incorporating a “salary savings” estimate in the FY2024/25 approved budget. • Preliminary FY2024-25 unencumbered carry-over appropriations o Staff presented preliminary recommendations for FY2024-25 unencumbered carry-over appropriations, representing one-time funding provided in the FY2024-25 budget that were not encumbered (through Purchase Orders or Contracts) prior to year-end, and for which funding is required to support specific projects and initiatives.  General Fund FY2024-25 carry-over estimates = $1.4 million  Capital Improvement Budget FY2024-25 carry-over estimates in the range of $10-12 million o Committee members discussed the criteria being used to identify carry-over recommendations; Councilmember Hill inquired as to the distinction between encumbered and unencumbered appropriations. o The Committee discussed how the preliminary Capital Budget carry- over appropriations are largely consistent with discussions held with the City Council at time of adoption of the FY2025-26 budget, in that the FY2025-26 capital Budget of $15 million was significantly lower than the $33 million included in the FY2024-25 capital budget; staff noted that a significant component of the CIP workplan for the current fiscal year will entail work on capital projects funded in FY2024-25. o Mayor Kate asked that staff highlight the ongoing vulnerability of Federal Grant funding; noting the recent defunding of a US Dept. of Transportation grant ($1.9 million) related to South Merrydale Road- Civic Center Pathway Connector project. 6. Financial Enterprise Resource Planning (ERP) Conversion Project Update (Finance) Staff provided the Subcommittee with an update on the project that migrated the City’s enterprise-wide financial system to the new Tyler/ERP platform, concurrent with the start of the new fiscal year on July 1, 2025 • Councilmember Hill inquired as to the extent to which staff is now needing to work in both the old and new financial systems, of if the City has fully migrated. (FY2024-25 year-end processing is still occurring in the EDEN system, but all FY2025-26 activity (other than payroll) is being processed in the new ERP. • Mayor Kate suggested that, at the appropriate time, staff provide the full City Council with a presentation on the new Financial System. 7. Future Agenda Planning • The next regular meeting of the Finance Sub-Committee is scheduled for September 2nd. o Staff intends to agendize discussion of the Park Impact Fee Program. o The Sub-committee identified the need to agendize a discussion of revenue enhancement strategies to guide decisions related to future ballot measures, noting the scheduled expiration of the Library Parcel Tax in June of 2026. 8. Adjournment • The meeting was adjourned at 2:33pm DRAFT Meeting Agenda Item No: Meeting Date: November 17, 2025 SAN RAFAEL CITY COUNCIL AGENDA REPORT Department: Finance Prepared by: Paul Navazio, Finance Director City Manager Approval: ______________ TOPIC: FY2025-26 FIRST QUARTER BUDGET UPDATE SUBJECT: FY2025-26 FIRST QUARTER BUDGET UPDATE: REVENUE AND EXPENDITURE RESULTS FOR THE QUARTER ENDING SEPTEMBER 30, 2025. RECOMMENDATI4ON: 1) Accept the FY 2025-26 First Quarter Budget Update presenting revenue and expenditure results through the first quarter of the fiscal year 2025-26 (September 30, 2025). (Attachment A). BACKGROUND: This agenda item presents the first quarter budget update report summarizing revenue and expenditure results through the first quarter of fiscal year 2025-26. This is an informational report providing periodic updates of financial results relative to the approved budget. Attachment A provides a summary of FY2025-26 first quarter revenue and expenditure results, organized as follows: Table 1 – All Fund Revenues, by Fund Type Table 4 – General Fund Revenues Table 2 – All Fund Expenditures by Fund Type Table 5 – General Fund Expenditures by Category Table 3 – All Fund Expenditures by Dept. Table 6 – General Fund Expenditures by Dept. Table 7 – All Fund revenues, by Fund Table 8 – All Fund Expenditures by Fund A Mid-Year (2nd Quarter) Budget Update is planned for February 2026 to include revenue and expenditure results through the first half of the fiscal year (December 31, 2025) as well as updated revenue and expenditure projections through the remainder of the fiscal year. The Mid-Year Budget Update serves to inform mid-year budget adjustments, as necessary, as well as inform development of the City’s FY2026- 27 budget. A third quarter budget update is planned for May 2026, to coincide with the City Council’s consideration and review of the City’s Proposed FY2026-27 budget. Agenda Item 4.b. SAN RAFAEL CITY COUNCIL AGENDA REPORT / Page: 2 The First Quarter Budget Update report was previewed with the Finance Sub-committee at their meeting of November 4th. DISCUSSION Highlights of the FY 2025-26 Q1 results (Summarized in Attachment A):  All Funds revenues through the first quarter of FY 2025-26 were $26.09 million or 13.7% of the amended revenue budget of $189.75 million (see Table 7 for revenue detail, by Fund).  All Funds expenditures through the first quarter of FY 2025-26 totaled $51.68 million. This, combined with an additional $17.41 million in encumbrances related to executed contracts and purchase orders, represents a total of 23.2% of the amended expenditure budget of $223.11 million (see Table 8 for expenditure detail, by Fund). o The amended FY 2025-26 budget of $223.11 million reflects budget amendments totaling $30.82 million following the adoption of the budget. These include carryover of encumbered FY 2024-25 appropriations ($15.94 million), carryover of unencumbered FY2024-25 appropriations ($14.26 million), and specific FY 2025-26 supplemental budget appropriations authorized by the City Council since the start of the fiscal year ($614,570).  General Fund revenues though the first quarter of FY 2025-26 totaled $8.19 million, or 7.6% of the adjusted budget of $107.55 million. o General Fund revenues through the first quarter reflect the fact that the first Property Tax payments (from the County) and Sales Tax payments (from the State) are not received until the second quarter of the fiscal year. o Most other General Fund revenues are initially tracking at, or above, the expected budget through the first quarter of the fiscal year.  General Fund expenditures through the first quarter of FY 2025-26 were at $33.34 million. Combined with encumbrances of $1.54 million, this represents a combined commitment of 30.0% of the adjusted budget of $116.15 million. o Through the first quarter, results across most expenditure categories are tracking within budget, including personnel costs which have historically trended below budget. o Departmental expenditures appear to be within budget, accounting for selected professional services contracts that reflect as encumbered appropriations as of the end of the first quarter.  The following table summarizes activity for the FY2025-26 Capital Improvement Plan (CIP) budget through the first quarter of the fiscal year: SAN RAFAEL CITY COUNCIL AGENDA REPORT / Page: 3 FY2025-26 Capital Improvement Plan Expenditures By Fund *The difference between the FY25-26 CIP budget presented to the Council on June 2nd and this table is an additional $50,000 was budgeted in the operating expense account for Measure A. In the financial system the $50,000 was budgeted in the Capital division. *  Through the first quarter of the fiscal year, capital project expenditures were $1.37 million. When combined with encumbrances (or executed contracts) of $6.49 million, commitments against the amended budget totaled $7.86 million, or 24.6% of the amended budge of $31.97 million.  The amended capital budget of $31.97 million reflects the original adopted budget of $16.01 million, as well carry-over appropriations of $15.97 million (representing appropriations approved in the prior fiscal year that are required to support ongoing projects). FISCAL IMPACT: This agenda item provides financial results through the first quarter of the fiscal year as measured against the approved FY 2025-26 adjusted budget which provides for authorized expenditure appropriations of $223.11 million supported by budgeted revenues of $189.75 million as well as use of available fund balances, across all funds. The amended FY 2025-26 General Fund budget provides for expenditure appropriations of $116.15 million supported by projected revenues of $107.55 million along with available fund balance. RECOMMENDED ACTION: Staff recommends that the City Council: 1) Accept the FY 2025-26 First Quarter Budget Update presenting revenue and expenditure results through the first quarter of the fiscal year 2025-26 (September 30, 2025). (Attachment A). ATTACHMENTS: Attachment A - FY 2025-26 Q1 Budget Update - summary results through 9/30/25 SAN RAFAEL CITY COUNCIL AGENDA REPORT / Page: 4 ATTACHMENT A FY 2025-26 Q1 Budget Update Table 1 FY 2025-26 All Fund Revenues by Fund Type  All Funds revenues through the first quarter of FY 2025-26 were $26.09 million or 13.7% of the amended revenue budget of $195.56 million (see Attachment B for revenue detail, by Fund). Table 2 FY 2025-26 All Fund Expenditures by Fund Type  All Funds expenditures through the first quarter of FY 2025-26 totaled $51.68 million. This, combined with an additional $17.41 million in encumbrances related to executed contracts and purchase orders, represents a total of 23.2% of the amended expenditure budget of $223.11 million (see Attachment B for expenditure detail by Fund).  The amended FY 2025-26 budget of $223.11 million reflects budget amendments totaling $30.82 million processed following the adoption of the budget. These include: o Carryover of encumbered FY 2024-25 appropriations totaling $15.94 million authorized via the budget Resolution No. 15422 approved by the City Council on June 2, 2025; o Carryover of unencumbered FY2024-25 appropriations totaling $14.26 million authorized by Resolution No. 15456 approved on September 2, 2025; and o Specific FY 2025-26 supplemental budget appropriations authorized by the City Council since the start of the fiscal year ($614,570), including: SAN RAFAEL CITY COUNCIL AGENDA REPORT / Page: 5  On-call Planning and Environmental Consulting Services $500,000  UKG Contract (Human Resources) 66,500  Pickleweed Library Renovation project 48,070  All Funds expenditures through the first quarter of FY 2025-26 totaled $51.68 million. This, combined with an additional $17.41 million in encumbrances related to executed contracts, represents a total of 23.2% of the amended expenditure budget of $223.12 million. Table 3 FY 2025-26 All Fund Expenditures by Department  Most operating departments are tracking within budget through the first three months of the fiscal year. Year-to-date commitments exceeding 25% of budget through the first quarter of the fiscal year are generally attributable to a) annual payments due at the start of the fiscal year, b) debt service payments, and c) encumbered contracts for professional services and construction contracts. Notable examples include: o City Attorney – encumbrance of annual contract for outside legal services o City Manager’s Office – encumbrance of Encampment Resolution Fund (ERF- 3) grant funds; o Finance Department – payment of City’s annual Marin Emergency Radio Agency contribution and Pt. San Pedro Assessment District debt service payments; o Human Resources – encumbrances for contract services related to UKG software implantation, Worker’s Compensation benefits administration; o Community and Economic Development – encumbrances related to Affordable Housing grant funds (awarded and pending disbursements) o Library and Recreation – encumbrances related to Pickleweed Library Branch Renovation project o Non-Departmental – expenditures reflect $6.6 million in General Fund transfers to other operating and capital funds as approve through the FY 2025-26 adopted budget. SAN RAFAEL CITY COUNCIL AGENDA REPORT / Page: 6  Note – the FY 2025-26 amended budget also reflects a number of administrative budget adjustments transferring appropriations between operating departments that were required as part of the City’s implementation of its new ERP financial system. Specifically, several programs and divisions transferred ‘home departments” between the development of the FY2025-26 budget in the former EDEN financial system, and the new Tyler/ERP Financial System. Examples include: o Risk Management (including Liability Fund and Workers’ Compensation Fund administration) transferring from the City Manager’s Office to Human Resources. Table 4 FY 2025-26 General Fund Revenues  General Fund revenues though the first quarter of FY 2025-26 totaled $8.19 million, or 7.6% of the adjusted budget of $107.55 million. o General Fund revenues through the first quarter reflect the fact that the first Property Tax payments (from the County) and Sales Tax payments (from the State) are not received until the second quarter of the fiscal year. o Most other General Fund revenues are initially tracking at, or above, the expected budget through the first quarter of the fiscal year. SAN RAFAEL CITY COUNCIL AGENDA REPORT / Page: 7 Table 5 FY 2025-26 General Fund Expenditures By Category  General Fund expenditures through the first quarter of FY 2025-26 stand at $33.34 million. Combined with encumbrances of $1.54 million, this represents a combined commitment of 30.0% of the adjusted budget of $116.15 million. o Through the first quarter, results across most expenditure categories are tracking within budget, including personnel costs which have historically trended below budget. o Departmental expenditures appear to be within budget, accounting for selected professional services contracts that reflect as encumbered appropriations as of the end of the first quarter. Table 6 FY 2025-26 General Fund Expenditures By Department SAN RAFAEL CITY COUNCIL AGENDA REPORT / Page: 8 Table 7 FY 2025-26 Revenues By Fund Fund Adopted Budget FY26 Adjusted Budget FY26 Actual Thru Sep 2025 % Budget General Fund 101 General Fund 106,390,855.00 106,890,855.00 8,010,462.67 7.5% 102 General Plan 659,391.00 659,391.00 180,679.74 27.4% General Fund Total 107,050,246.00 107,550,246.00 8,191,142.41 7.6% Special Revenue Funds - - - 203 Abandoned Vehicle Abatement 190,000.00 190,000.00 45,768.31 24.1% 205 Stormwater 1,539,010.00 1,539,010.00 81,713.69 5.3% 206 Gas Tax 10,946,300.00 10,946,300.00 2,295,970.36 21.0% 207 Development Services - - 775.31 0.0% 208 Childcare 3,339,986.00 3,339,986.00 766,252.55 22.9% 210 Emergency Medical Services 9,599,809.00 9,599,809.00 952,217.31 9.9% 213 Library Endowment 17,709.00 17,709.00 2,019.27 11.4% 214 Library Fund 104,376.00 104,376.00 415,294.93 397.9% 215 Library Special Assessment 1,259,143.00 1,259,143.00 2,124.65 0.2% 216 Measure G - Cannabis 142,199.00 142,199.00 25,551.80 18.0% 217 State Lands 54,819.00 54,819.00 2,149.40 3.9% 222 Recreation 4,826,578.00 4,826,578.00 1,223,628.81 24.3% 230 Police Youth Services 15,000.00 15,000.00 - 0.0% 234 Pt. San Pedro-Maintenance 127,037.00 127,037.00 919.46 0.7% 235 Baypoint Lagoon A.D. 32,693.00 32,693.00 809.22 2.5% 236 Loch Lomond CFD #10 57,887.00 57,887.00 3,028.93 5.2% 237 Loch Lomond-Marina CFD #2 332,841.00 332,841.00 4,309.17 1.3% 240 Parkland Dedication 11,390.00 11,390.00 1,291.40 11.3% 241 Measure A Open Space 609,392.00 609,392.00 4,014.89 0.7% 242 Wildfire Prevention 3,945,872.00 3,945,872.00 125,046.19 3.2% 243 Affordable Housing In-Lieu-SR 1,070,529.00 1,070,529.00 8,211.37 0.8% 244 Successor RDA-L & M Housing 3,266.00 3,266.00 555.51 17.0% 245 Housing & Parking In Lieu 10,849.00 10,849.00 1,242.36 11.5% 246 Traffic Mitigation 390,619.00 390,619.00 113,954.96 29.2% 260 Childcare Preschool Grant 597,962.00 597,962.00 308,851.04 51.7% 281 Grant Fund - Safety 300,000.00 300,000.00 - 0.0% 283 Grants Fund - Other 3,218,897.00 3,218,897.00 17,817.53 0.6% Special Revenue Funds Total 42,744,163.00 42,744,163.00 6,403,518.42 14.9% Capital Funds - - - 401 Capital Improvement 2,099,211.00 2,099,211.00 1,582,347.65 75.4% 405 Open Space 3,773.00 3,773.00 427.78 11.3% 406 Parks & Rec. Facility Mtce. 4,698.00 4,698.00 1,049.03 22.3% 407 Parks Capital Improvements - - 3,300.00 0.0% 420 Essential Facilities 396,819.00 396,819.00 157,384.99 39.7% 430 Measure P Library Parcel Tax 6,320,000.00 6,320,000.00 - 0.0% Capital Funds Total 8,824,501.00 8,824,501.00 1,744,509.45 19.8% Enterprise Funds - - - 501 Parking Services 4,797,474.00 4,797,474.00 1,226,789.52 25.6% Enterprise Funds Total 4,797,474.00 4,797,474.00 1,226,789.52 25.6% Internal Service Funds - - - 611 Building Maintenance 1,208,543.00 1,208,543.00 277,698.92 23.0% 612 Technology 2,733,504.00 2,733,504.00 661,462.48 24.2% 614 Sewer Maintenance 3,773,508.00 3,773,508.00 170,367.92 4.5% 621 Vehicle Replacement 2,459,633.00 2,459,633.00 1,345,954.30 54.7% 622 Radio Replacement 462,105.00 462,105.00 112,500.00 24.3% 623 Communication Replacement 613,797.00 613,797.00 151,982.40 24.8% 624 Police Equipment Replacement 56,906.00 56,906.00 11,184.38 19.7% 625 Fire Equipment Replacement 167,985.00 167,985.00 37,127.10 22.1% 631 Liability Insurance 5,426,177.00 5,426,177.00 3,223,628.86 59.4% 632 Workers Compensation 3,397,762.00 3,397,762.00 813,736.58 23.9% 633 Dental Insurance 529,622.00 529,622.00 163,530.77 30.9% 641 Employee Benefits 734,049.00 734,049.00 174,103.44 23.7% 642 Employee Retirement 52,148.00 52,148.00 3,656.85 7.0% 643 Retiree Health Benefit (OPEB) 4,221,281.00 4,221,281.00 1,372,738.21 32.5% Internal Service Funds Total 25,837,020.00 25,837,020.00 8,519,672.21 33.0% Grand Total 189,253,404.00 189,753,404.00 26,085,632.01 13.7% SAN RAFAEL CITY COUNCIL AGENDA REPORT / Page: 9 Table 8 FY 2025-26 Expenditures By Fund Fund Adopted Budget FY26 Adjusted Budget FY26 Actual Thru Sept 2025 Encumbrances % Budget General Fund 101 General Fund 113,248,823 115,366,772 33,255,182 1,535,547 30.2% 102 General Plan 783,451 783,451 89,746 0 11.5% General Fund Total 114,032,274 116,150,223 33,344,928 1,535,547 30.0% Special Revenue Funds 203 Abandoned Vehicle Abatement 190,505 190,505 46,986 - 24.7% 205 Stormwater 1,938,992 5,377,668 535,409 2,985,691 65.5% 206 Gas Tax 10,889,204 20,571,706 875,228 3,425,583 20.9% 208 Childcare 3,516,638 3,516,638 893,685 542 25.4% 210 Emergency Medical Services 10,155,208 10,155,208 2,417,045 118,610 25.0% 213 Library Endowment - 48,070 - - 0.0% 214 Library Fund 192,392 2,188,004 10,305 390,901 18.3% 215 Library Special Assessment 1,599,341 1,916,122 533,159 111,246 33.6% 216 Measure G - Cannabis 695,373 695,373 33,782 - 4.9% 222 Recreation 5,002,005 5,002,005 1,298,657 320,696 32.4% 230 Police Youth Services 40,043 40,043 - - 0.0% 234 Pt. San Pedro-Maintenance 183,186 222,736 33,453 14,546 21.5% 235 Baypoint Lagoon A.D. 34,700 34,700 - - 0.0% 236 Loch Lomond CFD #10 28,855 28,855 - - 0.0% 237 Loch Lomond-Marina CFD #2 150,030 162,568 24,139 4,157 17.4% 240 Parkland Dedication 375,000 375,000 - - 0.0% 241 Measure A Open Space 450,000 1,127,370 352,807 279,349 56.1% 242 Wildfire Prevention 3,946,919 3,961,220 640,728 1,155,082 45.3% 243 Affordable Housing In-Lieu-SR - 1,969,419 250,000 1,116,419 69.4% 244 Successor RDA-L & M Housing 85,770 85,770 - - 0.0% 246 Traffic Mitigation 400,000 476,376 - 103,899 21.8% 260 Childcare Preschool Grant 704,824 708,541 159,953 3,717 23.1% 281 Grant Fund - Safety 577,811 577,811 27,769 - 4.8% 283 Grants Fund - Other 1,810,563 5,930,216 389,696 2,494,268 48.6% Special Revenue Funds Total 42,967,359 65,361,924 8,522,803 12,524,707 32.2% Capital Funds 401 Capital Improvement 1,054,000 4,098,634 657,513 1,842,194 61.0% 420 Essential Facilities 880,000 884,000 - 180,237 20.4% 430 Measure P Library Parcel Tax 1,625,000 1,625,000 3,463 - 0.2% Capital Funds Total 3,559,000 6,607,634 660,975 2,022,431 40.6% Enterprise Funds 501 Parking Services 4,701,156 4,701,156 1,052,592 93,205 24.4% Enterprise Funds Total 4,701,156 4,701,156 1,052,592 93,205 24.4% Internal Service Funds 611 Building Maintenance 2,838,000 4,451,786 12,741 170,817 4.1% 612 Technology 3,489,856 4,865,761 876,122 468,066 27.6% 614 Sewer Maintenance 3,773,507 3,773,507 862,434 - 22.9% 621 Vehicle Replacement 430,000 559,656 492,918 10,682 90.0% 622 Radio Replacement 550,000 550,000 530,637 - 96.5% 623 Communication Replacement 694,540 694,540 104,290 - 15.0% 624 Police Equipment Replacement 130,000 130,000 19,377 - 14.9% 625 Fire Equipment Replacement 506,000 506,000 - - 0.0% 631 Liability Insurance 5,110,857 5,215,173 2,465,920 341,771 53.8% 632 Workers Compensation 3,680,585 3,686,423 809,194 231,646 28.2% 633 Dental Insurance 495,000 495,000 110,274 - 22.3% 641 Employee Benefits 822,752 822,752 554,035 14,037 69.0% 642 Employee Retirement 686,500 686,500 170,625 - 24.9% 643 Retiree Health Benefit (OPEB) 3,660,000 3,660,000 978,626 - 26.7% Internal Service Funds Total 26,867,597 30,097,098 7,987,194 1,237,019 30.6% Fiduciary Funds 714 Pt. San Pedro AD 155,002 155,002 105,818 - 68.3% 715 Successor Agency-Trust Fund 12,870 42,870 5,767 - 13.5% Fiduciary Funds Total 167,872 197,872 111,585 - 56.4% Grand Total 192,295,258 223,115,907 51,680,077 17,412,908 31.0%