Informational Memo
Management Services - Memo No. 25-101
Date:

May 6, 2025

To:

Mayor and Council

Thru:

Joshua H. Wright, City Manager
Dawn Lang, Deputy City Manager/CFO DLL

From:

Matt Dunbar, Budget & Policy Director

Subject:

Fiscal Year (FY) 2024-25 Third Quarter Financial Report

MD

Attached is the FY 2024-25 Third Quarter Financial Report, summarizing budget to actual performance of
General Fund operating revenue and expenditures and additional summaries and analysis of Enterprise,
System Development, Impact Fees, Highway User Revenue, and Grant funds.
The analysis included in this report provides a snapshot at the end of the third quarter of FY 2024-25 by
reflecting budget to actual compared to historical trends and the prior year. These historical comparisons
are based on actual results compared to budget over the last four years (FY 2020-21 to FY 2023-24), and an
explanation has been provided in those areas where there are significant deviations from the historical
trend or the prior year’s results.
When reviewing revenue trends over the third quarter, all General Fund revenue performance indicators
are showing a positive indicator except Charges for Services which is a warning. The General Fund third
quarter reflected overall minimal revenue growth of 0.3% over the prior year collections through March,
with 78.5% of budgeted revenues received compared to the 81.8% historical average, expectations are to
end the year in a positive position.
Overall, third quarter General Fund expenditures and encumbrances combined are at 73.7% of budget
expended compared to 75% in the prior year. The decrease is primarily from the increased one-time Public
Safety Personnel Retirement System (PSPRS) unfunded liability payment of $73M in the prior year, which
was $66M more than the current year payment of $7M. Based on known spending expectations,
anticipated increases, and additional inflation impacts, expenditures will continue to be monitored
throughout the year to ensure spending remains within budget.
Should you have additional questions regarding this information, please contact me at x2256 or Dawn
Lang at x2255.
Attachment: FY 2024-25 Third Quarter Financial Report
c:

Tadd Wille, Assistant City Manager
Andy Bass, Deputy City Manager

Quarterly
Financial
Report

3rd Qtr FY 2024-25

Performance at a Glance
General Fund Revenues

Year to Date Compared Historical %

Reference

POSITIVE

Page 2

Report Overview and Economic Indicators
Revenue Analysis
Overall General Fund Revenues Quarterly Analysis
Overall General Fund Revenue by Category Analysis

Revenue
Detail by
Category

Performance Indicator*

Positive
Positive
Positive
Positive
Positive
Warning
Positive

Page 3
Page 3
Page 4
Page 5
Page 5
Page 6
Page 6
Page 7
Page 7

Year to Date Compared Budget %

Reference

Positive
Positive
Positive
Positive
Positive
Positive
Positive
Positive
Positive
Positive
Positive
Positive
Positive
Positive
Positive
Positive

Page 8
Page 8
Page 9
Page 9
Page 10
Page 10
Page 11
Page 11
Page 12
Page 12
Page 13
Page 13
Page 14
Page 14
Page 15
Page 15
Page 16
Page 16

Year to Date Compared Budget %

Reference

Positive
Positive
Positive
Positive
Positive
Positive
Informational
Informational

Page 17
Page 17
Page 18
Page 18
Page 19
Page 19
Page 20
Page 21

Positive

Sales Tax - Overall & by Taxable Activity
Franchise Fees
Primary Property Tax
State Shared Revenues
Licenses & Permits
Charges for Services
Other Revenues

General Fund Expenditures
General Fund Expenditure + Encumbrance Analysis
by Function and by Expenditure Category
Mayor & Council
City Clerk
Law
City Magistrate
City Manager & Organizational Support
Communications & Public Affairs
Cultural Development
Expenditure
Community Services
Detail by
Information Technology
Department
Management Services
Neighborhood Resources
Non-Departmental
Development Services
Public Works & Utilities
Fire
Police

Enterprise / Other Funds
Water Fund Analysis
Wastewater Fund Analysis
Reclaimed Water Fund Analysis
Solid Waste Fund Analysis
Airport Fund Analysis
Highway User Revenue Fund Analysis
System Development Fee Analysis
Grants

PERFORMANCE INDICATORS

(At year-end, revenues performance indicators default to positive when 100% or more of budget is collected and expenditures performance indicators default to
positive when total spending is less than adjusted budget)

*

Positive
Warning
Negative

= Rev: Variance is above or <2% below historical trend. Exp: Variance <= 2% compared to historical trend.
= Rev: Variance of 2 - 5% below historical trends. Exp: Variance of 2 - 5% above historical trends.
= Rev: Variance of > 5% below historical trends. Exp: Variance > 5% above historical trend.

1

5/6/2025

THE QUARTERLY FINANCIAL REPORT
Report Objectives
* Provide historical comparisons to identify trends or deviations from trends.
* Develop performance benchmarks to measure positive and negative results.
* Create an executive level report to highlight potential issues or concerns.

What is Included in the Report
The report emphasizes General Fund, with analysis of its revenue and each category of revenue, and the expenditures by department. Also included is a
summary and analysis of Enterprise Funds, System Development Fee and Impact Fee Funds, the Highway User Tax Fund, and Grants.

How to Read the Report
* Page 1 serves as a table of contents and quick view of performance issues.
* The benchmarks are Positive (navy colored), Warning (grey colored), and Negative (maroon colored), providing an initial indicator to determine if the
category needs to be monitored closely in the upcoming period or if it is deviating from trends.
* Performance indicators for General Fund revenues are comparing the percent of year-to-date actuals collected to total budget AND the budget prorated
based on the historical trend (last four years) of average actual year-to-date collections to budget.
* Performance indicators for General Fund expenditures are based on whether they are within budget for the percent of year-to-date actuals expended
plus encumbrances compared to the total budgeted expenditures.
* Performance indicators for Enterprise Funds focus on the relationship between Operating Revenues and Operating Expenses (including debt service and
indirect cost allocation) and the percentage of budget received/expended.

ECONOMIC INDICATORS
Gross Domestic Product (GDP)

Interest Rates

Real gross domestic product - the output of goods and services produced by This table reflects the four most recent changes to the Federal Funds Rate
labor and property located in the US. Reflects spending for households,

by the Federal Reserve Board.

business, government, and trade.
The change to the GDP is an indicator of the general direction of the

Lowering the Federal Funds Rate is a way for the Federal Reserve Board to

economy. Slow or negative growth will likely mean lower revenues for the

make it less expensive for banks to borrow money for loans and

City.

investments and (in theory) pumping additional dollars into the economy.

First Quarter 2024
Second Quarter 2024 (third estimate)
Third Quarter 2024 (third estimate)
Fourth Quarter 2024
Source: U.S. Department of Commerce

1.6%
3.0%
3.1%
2.4%

5.25%-5.50%
4.75%-5.00%
4.50%-4.75%
4.25%-4.50%

July 27, 2023
September 19, 2024
November 8, 2024
December 19, 2024
Source: Federal Reserve Bank

Unemployment
National

State of Arizona

Phoenix Metro Area*

Dec-24

3.8%

3.5%

Jan-25

4.0%

3.9%

3.1%
3.5%

Feb-25

4.5%

3.9%

3.6%

4.0%

3.6%

4.2%
Mar-25
High unemployment rates typically result in a reduced demand for goods and services.
*Source: Arizona Office of Economic Opportunity Monthly Employment Report (not seasonally adjusted)

City Investment Portfolio

Building Permits

The City splits its investment portfolio between two investment firms with a

Single-family building permits are an indicator of the general economy.

different mix of holdings at each firm to reduce risk. Current Earning

Higher numbers of permits indicate an active construction market and

Benchmarks are as follows:

resultant home sales. Fewer building permits generally equates to less new
construction, and permit fees and construction sales tax revenues.

Allspring benchmark is ICE BofA 0-3 year U.S. Treasury Index
PFM's benchmark is ICE BofAML 1-5 year U.S. Treasury Index

Chandler's quarterly average for single family building permits is 70.25 for FY
Rate of Return is net of fees and includes interest earnings as well as both

2023-24, up from the 14.5 average permits per quarter in FY 2022-23. The 3

realized and unrealized gains/(losses). Rate of Return is typically negative in month average for FY 2024-25 is 46.
a rising rate environment.
Fiscal Year 2024-25 Rate of Return
Benchmark
Allspring Global Investments
Benchmark
PFM Asset Management, LLC
Fiscal Year 2023-24 Rate of Return
Benchmark
Allspring Global Investments
Benchmark
PFM Asset Management, LLC

3rd Quarter
1.59%
1.61%
2.00%
1.87%
3rd Quarter
0.58%
0.60%
-0.02%
0.35%

Fiscal Year
4.45%
4.42%
4.64%
4.64%
Fiscal Year
3.72%
4.02%
3.32%
3.53%

Quarter
Jan - Feb - Mar 2023
Apr - May - Jun 2023
Jul - Aug - Sep 2023
Oct - Nov - Dec 2023
Jan - Feb - Mar 2024
Apr - May - Jun 2024
Jul - Aug - Sep 2024
Oct - Nov - Dec 2024
Jan - Feb - Mar 2025

State of Arizona
6,525
8,799
9,858
9,164
11,192
10,967
10,380
8,973
9,855

Chandler
11
24
110
87
29
55
42
46
51

Source: Investment Advisors

2

5/6/2025

General Fund
Revenue Analysis:
Overall General Fund Revenues FY 2024-25
3r

FY 24 Actual Revenue

FY 25

FY 25

% of

*% of

Adopted

Actual

Budget

Budget

Budget

Revenue

Rec'd

Hist. Rec'd

80,607,440 $

88,779,243

24.1%

23.4%

2nd Qtr Oct - Dec 24

91,658,492

100,807,419

27.4%

29.4%

3rd Qtr

Jan - Mar 25

92,931,103

99,446,709

27.0%

29.0%

4th Qtr

Apr - Jun 25

103,036,766
$ 289,033,371

78.5%

81.8%

1st Qtr

Jul - Sep 24

Total

$

$

368,233,801

Dollars in Millions

FY 25 Actual Revenue
Historical Trend Actual to Budget

140
120
100
80
60
40
20

* Pro-rated based upon a four year historical trend of actual year-to-date collections

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Positive
General Fund revenue collections for FY 2024-25 are $23.8M (9%) above the adopted budget, and $811,440 (0.3%) less than actual collections through the
third quarter of FY 2023-24.
Overall, General Fund revenue increases are led by higher collection of local sales taxes, although this increase will be slowing as the residental rental tax
elimination, which began in January 2025, is now reflected. These categories performed well due to level local consumer spending including related
inflation, and development activity (although slowing in residential housing) in Chandler. The continued $20B expansion of Intel, the largest development
during this time period, continues to affect revenues in various categories. As this project winds down, we anticipate reductions in several categories.
Once the development is complete, revenues will stabalize, classifying much of this additional revenue as one-time. The performance indicator is a
warning as the percentage of budget received through the third quarter is between two to five percentage points below the historical budget received
through the same period, however it has been changed to positive as collections are coming in higher than budgeted for the quarter
The following charts provide more detail regarding the various sources of General Fund revenues and provide more detail on the performance indicators.

Overall General Fund Revenues by Category FY 2024-25
FY 25

% of Budget

Adopted

Actual

Rec'd to

Budget

Revenue

Date

FY 25
Revenue Categories
Sales Tax

$

Franchise Fees

197,908,400 $ 156,472,874
3,650,000

2,437,102

80%

66.8%

8,783,722

5,109,715

58.2%

State Shared Sales Tax

116,408,000

86,321,267

74.2%

Licenses & Permits

6,978,300

11,451,111

164.1%

Charges for Services

15,707,789

9,887,086

62.9%

Other Revenues

10,265,308

10,955,004

106.7%

Indirect Cost Allocation

8,532,282

6,399,212

75.0%

368,233,801

$ 289,033,371

78.5%

$

100%

79.1%

Primary Property Tax

Total

General Fund Collection History by Category %
Indirect Costs
Other Revenues
28%

29%

34%

30%

60%
40%

57%

55%

52%

54%

20%

State Shared
Revenue
Primary Property
Taxes
Franchise Fees
Local Sales Taxes

0%
FY22 $315M

Positive

Charges for
Services
Licenses & Permits

FY23 $373M

FY24 $402M

FY25 Q3
$289M

This chart summarizes General Fund revenue collections by revenue category for FY 2024-25. The graph helps us visualize what percentage each
revenue category is to the total General Fund. The percentage spread of revenue sources are relatively consistent over the years with local sales taxes
and State Shared Sales Tax Revenues being the largest General Fund revenue sources. The next several pages provide an analysis of each revenue
category except Indirect Cost Allocation (payments by the Water, Wastewater, Reclaimed Water, Solid Waste, and Airport Enterprise Funds to the General
Fund for City services provided for their operations). The performance indicator is positive as actual collections continue to come in higher than budget.

3

5/6/2025

General Fund

Revenue Analysis (continued):
Sales Tax Revenue FY 2024-25

FY 24 Actual Revenue

FY 25

% of

*% of

Adopted

Actual

Budget

Budget

Budget

Revenue

Rec'd

Hist. Rec'd

46,982,983 $

50,450,498

25.5%

29.2%

2nd Qtr Oct - Dec 24

48,458,357

53,648,248

27.1%

30.1%

3rd Qtr

Jan - Mar 25

50,463,224

52,374,128

26.5%

31.2%

4th Qtr

Apr - Jun 25

52,003,836

1st Qtr

Jul - Sep 24

Total

$

$

197,908,400

$ 156,472,874

79.1%

90.5%

FY 25 Actual Revenue
Historical Trend Actual to Budget

60
Dollars in Millions

FY 25

50
40
30
20
10

* Pro-rated based upon a four year historical trend of actual year-to-date collections

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Positive
Figures above include General Fund local sales tax collections and the related revenues of license fees, audit assessments, penalties, and interest. Sales
tax collections for FY 2024-25 are $10.6M (7.2%) above adopted budget anticipated to be received and $635,862 (0.4%) higher than actual collections in
the prior year through the third quarter of FY 2023-24. The performance indicator is a negative as the percentage of budget received through the third
quarter is more than five percentage points below the historical budget received through the same period, however it has been changed to positive due
to collections coming in higher than budgeted for the quarter, as well as acknowledgement that the historical trend is inflated from nonsustainable onetime development.

Sales Tax Collection History
FY 25

FY 25

% of

Adopted

Actual

Actual to

from

Budget

Revenue

Budget

Prior Yr.

4 Years Actual Sales Tax by Category
(in millions)

% Chg

Retail/Mfd. Bldg/Jet Fuel $
Contracting

92,000,000 $

73,138,524

79.5%

2.9%

FY 20-21

23,700,000

15,518,722

65.5%

-19.2%

Utilities

21,950,000

16,654,726

75.9%

14.3%

FY 21-22

Real Property Rentals

18,000,000

17,402,148

96.7%

-6.5%

17,500,000

13,880,599

79.3%

3.3%

Telecommunications

1,550,000

1,288,959

83.2%

-15.2%

Personal Prop. Rentals
Hotels/Motels

5,500,000

4,653,971

84.6%

-18.2%

6,800,000

4,748,233

69.8%

4.6%

Publishing/Printing/Adv.
Amusements

200,000

148,290

74.1%

7.6%

1,300,000

1,417,680

109.1%

20.6%

Use Tax

7,500,000

5,514,720

73.5%

121.1%

196,000,000

$ 154,366,571

78.8%

1.3%

Restaurants & Bars

Total Sales Tax

$

75

14
85

FY 22-23

92

FY 23-24

98

0

15

19

13

17

16

21

16

17

23

28
25

70

19

18

25

18

140

210

Retail

Contracting

Utilities

Real Property Rentals

Restaurants & Bars

Telecommunications

Personal Prop. Rentals

Hotels/Motels

Publishing/Printing

Amusements

Use Tax

The above figures reflect General Fund sales tax collections by category and exclude the related revenues of license fees, audit assessments, penalties,
and interest. Sales tax collections for FY 2024-25 were $9.9M (6.8%) above the adopted budget anticipated to be received and $1.9M (1.3%) higher than
actual collections through the third quarter of FY 2023-24. It should be noted that many of the categories are positive, reflecting strong consumer
spending, although slowing from the prior year as Intel winds down their project. Contracting/development collections and Personal Property Rentals are
down as the Intel project slows and residential rental tax elimination is impacting the Real Property Rentals category. Use tax is a highly fluctuating
revenue category and significant swings in collection percentage are not abnormal.

4

5/6/2025

General Fund

Revenue Analysis (continued):
Franchise Fee Revenue FY 2024-25

Jul - Sep 24

$

2nd Qtr Oct - Dec 24

FY 25

% of

*% of

Actual

Budget

Budget

Budget

Revenue

Rec'd

Hist. Rec'd

38,748 $

85,527

2.3%

1.1%

743,734

656,917

18.0%

22.0%

1,694,658

46.4%

48.0%

2,437,102

66.7%

71.1%

3rd Qtr

Jan - Mar 25

1,622,522

4th Qtr

Apr - Jun 25

1,244,996

Total

$

3,650,000

$

Actual Revenue

FY 25

Actual Revenue

3r

Historical Trend Actual to Budget

Dollars in Thousands

1st Qtr

FY 25
Adopted

FY 24

1,800
1,500
1,200
900
600
300
-

* Pro-rated based upon a four year historical trend of actual year-to-date collections

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Positive
Franchise fees are paid by Arizona Public Service (2% of commercial and residential sales), Southwest Gas Corporation (2% of commercial and residential
sales), Cox Communications (5% of gross revenue), Air Products (2% of gross sales), and Western Broadband (5% of gross sales).
Franchise fee collections for FY 2024-25 are $32,098 (1.3%) above the adopted budget anticipated to be received and $355,690 (17.1%) higher than actual
collections through the third quarter of FY 2023-24. The performance indicator is a warning as the percentage of budget received through the third
quarter is between two to five percentage points below the historical budget received through the same period, however it has been changed to positive
due to collections coming in higher than budgeted for the quarter.

Primary Property Tax Revenue FY 2024-25
% of

Adopted

Actual

Budget

Budget

Budget

Revenue

Rec'd

Hist. Rec'd

Jul - Sep 24

$

2nd Qtr Oct - Dec 24

57,547 $

29,138

0.3%

0.7%

4,493,935

4,180,738

47.6%

51.3%

3rd Qtr

Jan - Mar 25

839,121

899,839

10.2%

9.6%

4th Qtr

Apr - Jun 25

3,393,119

Total

$

8,783,722

$

5,109,715

58.1%

61.6%

FY 24

Actual Revenue

FY 25

Actual Revenue

Historical Trend Actual to Budget

Dollars in Millions

1st Qtr

*% of

FY 25

FY 25

5
4
3
2
1
-

* Pro-rated based upon a four year historical trend of actual year-to-date collections

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Positive
This presentation only includes primary property taxes (supporting General Fund operations) and does not include secondary property taxes (supporting
debt service on capital projects and recorded in the General Obligation Debt Service Fund). Property tax collections are due starting October 1st and
March 1st each year. For FY 2024-25, Chandler is collecting a primary tax rate of $0.2126 per $100 of assessed valuation and a secondary tax rate of
$0.87 per $100 of assessed valuation for a total rate of $1.0826, representing a $0.01 cent decrease from the rates adopted in the prior year. This
reduction helps offset some of the City's assessed valuation increase of 4.7% related to appreciation, which resulted in a small net tax increase for the
median value homeowner.
Primary property tax collections for FY 2024-25 are $280,888 (5.2%) less than the adopted budget anticipated to be received and $217,777 (4.1%) less
than actual collections through the third quarter of FY 2023-24. The majority of collections come in the second and fourth quarters since the first half of
the property tax bills are due in October and the second half are due in March. The performance indicator is a warning as the percentage of budget
received through the third quarter is between two to five percentage points below the historical budget received through the same period, however with
the reductions anticipated due to the Qasimyar court ruling, the indicator has been changed to positive as the reduction in revenue is anticipated. The
Qasimyar vs. Maricopa County Class Action Lawsuit refunds impacted taxpayers that changed the use of their home from a residential home to a rental
home between 2015 and 2021 when the home value had been lower.

5
5/6/2025

General Fund

Revenue Analysis (continued):
FY 25

FY 25

% of

*% of

Adopted

Actual

Budget

Budget

Budget

Revenue

Rec'd

Hist. Rec'd

25,866,242 $

26,203,145

22.5%

25.4%

2nd Qtr Oct - Dec 24

28,657,188

29,889,623

25.7%

28.2%

3rd Qtr

Jan - Mar 25

28,937,527

30,228,498

26.0%

28.8%

4th Qtr

Apr - Jun 25

32,947,043
86,321,266

74.2%

82.4%

1st Qtr

Jul - Sep 24

Total

$

$

116,408,000

$

Dollars in Millions

State Shared Sales Tax Revenues FY 2024-25

* Pro-rated based upon a four year historical trend of actual year-to-date collections

FY 24
Actual Revenue
FY 25
Actual Revenue
Historical Trend Actual to Budget

45
40
35
30
25
20
15
10
5
1st Qtr

Positive

2nd Qtr

3rd Qtr

4th Qtr

-- State Shared Sales Tax Revenue: The State sales tax rate is currently 5.6%, of which a portion of the various categories of sales tax are distributed to
cities and towns based on population as State Shared Sales Tax Revenue. Collections for FY 2024-25 are $1.8M (6.4%) above adopted budget anticipated
to be received and $342,855 (1.1%) higher than actual collections through the third quarter of FY 2023-24.
-- Smart and Safe (State Shared Revenue): Prop 207 was approved by voters in 2020 and created a 16% excise tax on the sale of recreational marijuana
effective 2021. Fire and Police departments receive revenue based on the number of employees enrolled in PSPRS at the time. Collections for FY 2024-25
are $227,173 (41.3%) above adopted budget anticipated to be received and $59,591 (8.3%) higher than actual collections through the third quarter of FY
2023-24.
-- Vehicle License Tax: Cities and towns receive 25% of the net revenues collected for vehicle licensing within their county from the State, as well as
surcharges from vehicle rentals. The respective city share's are determined by the proportion of city population to total incorporated population of the
county. Collections for FY 2024-25 are $1.1M (12.3%) above adopted budget anticipated to be received and $515,343 (5.2%) more than actual collections
through the third quarter of FY 2023-24.
-- Urban Revenue Sharing: Eighteen percent (18%) of the 2022 State income tax collection is distributed to cities and towns as urban revenue sharing
based upon estimated population. Collections for FY 2024-25 are $335,396 (0.7%) below the adopted budget anticipated to be received and $11.1M
(19.9%) less than actual collections through the third quarter of FY 2023-24, which reflects the known reduction as the full impact of the flat tax went into
effect.
The overall State Shared revenue performance indicator is negative as the percentage of budget received through the third quarter is more than five
percentage points below the historical budget received through the same period, however it has been changed to positive due to collections coming in
higher than budgeted for the quarter, and the reduction was anticipated.

Licenses & Permits Revenue FY 2024-25

1st Qtr

Jul - Sep 24

FY 25

% of

Adopted

Actual

Budget

Budget

Budget

Revenue

Rec'd

Hist. Rec'd

53.7%

13.3%

2nd Qtr Oct - Dec 24

1,597,039

3,501,261

50.2%

24.2%

3rd Qtr

Jan - Mar 25

2,210,135

4,204,073

60.2%

33.4%

4th Qtr

Apr - Jun 25

2,295,341
11,451,111

164.1%

70.9%

Total

$

$

875,785 $

3,745,777

6,978,300

$

FY 24
Actual Revenue
FY 25
Actual Revenue
Historical Trend Actual to Budget

*% of

* Pro-rated based upon a four year historical trend of actual year-to-date collections

Dollars in Thousands

FY 25

4,500
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
1st Qtr

Positive

2nd Qtr

3rd Qtr

4th Qtr

This category includes revenue for various licenses: transaction privilege (sales) tax, alcoholic beverages, transient merchants, peddlers and solicitors,
secondhand and junk dealers, amusements, business registrations, and professional/occupational licenses, as well as cable license application fees. In
addition, revenue from building, alarm, and fiber optic permits are included. License and permit collections for FY 2024-25 are $6.8M (144.5%) above
adopted budget anticipated to be received and $8.6M (299.7%) more than actual collections through the third quarter of FY 2023-24. Lower collections
for FY 2023-24 were anticipated as large industrial permits inflated the historical comparison, however, we are also seeing a slowing of other permit
related revenues. Higher collections in the first three quarters of FY 2024-25 reflects large reciepts recorded for industrial permits. The performance
indicator is positive as the percentage of budget exceeds total budgeted revenues.

6
5/6/2025

General Fund

Revenue Analysis (continued):
Charges for Services Revenue FY 2024-25

Jul - Sep 24

% of

*% of

Budget

Budget

Budget

Revenue

Rec'd

Hist. Rec'd

2,612,176 $

3,152,083

20.1%

19.9%

2nd Qtr Oct - Dec 24

3,268,215

3,103,026

19.7%

24.9%

3rd Qtr

Jan - Mar 25

4,037,491

3,631,977

23.1%

30.8%

4th Qtr

Apr - Jun 25

5,789,907

Total

$

FY 25
Actual

$

15,707,789

$

9,887,086

62.9%

Actual Revenue

FY 25

Actual Revenue

3r

Historical Trend Actual to Budget

Dollars in Millions

1st Qtr

FY 25
Adopted

FY 24

7
6
5
4
3
2

75.6%

1
-

* Pro-rated based upon a four year historical trend of actual year-to-date collections

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Warning
Charges for Services includes revenue from various engineering, recreation, and library fees, police and fire miscellaneous service reimbursements, and
public school reimbursements. Charges for services collections for FY 2024-25 were $30,796 (0.3%) below the adopted budget anticipated and $2.1M
(17.4%) less than actual collections through the third quarter of FY 2023-24. The performance indicator is negative as the percentage of budget received
through the third quarter is more than five percentage points below the historical budget received through the same period, however it has been
changed to warning due to collections coming slightly below budget for the quarter, as the reduction was anticipated.

Other Revenue FY 2024-25

1st Qtr

Jul - Sep 24

FY 25

% of

*% of

Adopted

Actual

Budget

Budget

Budget

Revenue

Rec'd

Hist. Rec'd

2,040,885 $

2,980,005

29.0%

21.4%

2nd Qtr Oct - Dec 24

2,306,957

3,694,536

36.0%

21.3%

3rd Qtr

Jan - Mar 25

2,688,011

4,280,463

41.7%

37.9%

4th Qtr

Apr - Jun 25

3,229,455
10,955,004

106.7%

80.6%

Total

$

$

10,265,308

$

Dollars in Millions

FY 25

FY 24

Actual Revenue

FY 25

Actual Revenue

Historical Trend Actual to Budget

9
8
7
6
5
4
3
2
1
-

* Pro-rated based upon a four year historical trend of actual year-to-date collections

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Positive
Other revenue captures interest income, fines and forfeitures, court fees, sale of land and fixed assets, and other miscellaneous items. Revenue streams
in this category are not constant. Other revenue collections for FY 2024-25 are $3.9M (3.9%) above adopted budget anticipated and $3.4M (44.2%) more
than actual collections through the third quarter of FY 2023-24. Higher collections in the first three quarters of FY 2024-25 reflects interest income due to
higher balances and rates. The performance indicator is positive as the percentage of budget received through the third quarter is already above the
annual budget revenue.

7
5/6/2025

General Fund
Expenditure Analysis:
General Fund Expenditures + Encumbrances for FY 2024-25 by Function
Dollars in Millions

* Dept. Operating
General Government

$

FY 25

FY 25

% of

% of

Adjusted

Q3

Budget

Budget

Budget

Exp+Enc

Exp'd

Prior Yr.

86,266,763 $

61,525,644

71.3%

66.2%

Community Services

37,796,691

28,080,520

74.3%

74.3%

Development Services

15,266,123

10,852,437

71.1%

63.3%

Public Safety

161,443,626

124,949,363

77.4%

76.7%

Public Works & Utilities

11,942,249

9,463,174

79.2%

76.2%

Neighborhood Resources
Non-Dept. Pers. & O&M

10,056,846

7,383,256

73.4%

57.1%

18,641,732

Subtotal

$ 341,414,030

Non-Dept. Reserves

$

Non-Dept. Contingencies
Total

$

9,296,313

49.9%

83.3%

251,550,707

73.7%

75.0%

3,750,592 $

-

0.0%

0.0%

37,624,510

-

0.0%

0.0%

65.7%

65.8%

$ 382,789,132

$

251,550,707

* Excluding Interfund Transfers

Development
Services

7
27
6

11

50

28
7

75

62
9

115

125

9

9

FY 24
Q3
Exp+Enc

FY 25
Q3
Exp+Enc

Community
Services
Neighborhood
Resources
General
Government
Non-Dept. Pers. &
O&M
Public Safety
Public Works &
Utilities

Total General Fund operating expenditures and encumbrances are reflected by City function, along with budgeted non-departmental reserves
(encumbrance and unencumbered carryforward, utility, fuel, and downtown redevelopment) and contingencies (15% of revenues and Council Contingency).
Since General Obligation debt and General Fund capital expenditures are reflected in the General Obligation Debt and General Capital Projects Funds, this
presentation only includes General Fund operating expenditures to more clearly reflect the results of operations.
The chart reflects actual spending and encumbrances for FY 2023-24 and FY 2024-25. Non-Dept. The Personnel and O&M (maroon category) decrease
mainly reflects the difference in the amount of the prior year's payment of $73M towards the Public Safety Personnel Retirement System (PSPRS) unfunded
liability payoff, to the current year's payment of $7M. Public Safety's (blue category) increased mainly reflects higher personnel and technology related
costs. General Government (green category) increased due to professional services (a large encumbrance in Transportation Policy in the first quarter that
will be spent down throughout the year), higher utilities citywide reflected in Building & Facilities, and personnel costs. All other areas remained fairly
consistent.
FY 2024-25 operating expended and encumbered through the third quarter is 73.7% of the adjusted budget compared to 75.0% of adjusted budget spent
and encumbered in the prior year. As shown on the following pages, departments (excluding non-departmental) have expended between 66.0% and 79.2%
of their General Fund adjusted budgets through through the third quarter of FY 2024-25.

General Fund Expenditures + Encumbrances for FY 2024-25 by Category
FY 25

FY 25

FY 24

% Change

Adjusted

Q3

Q3

from Prior

Budget

Exp+Enc

Exp+Enc

Yr. Actual

246,226,474 $

184,543,110 $ 230,921,974

-20.1%

Operations & Maint.

95,187,556

67,007,597

13.6%

Reserves/Contingencies

41,375,102

*Dept. Operating
Personnel

Total

$

$ 382,789,132

$

251,550,707

58,975,892
-

FY 2024-25 General Fund
Actual Expenditures + Encumbrances
Operations
& Maint.
27%

0.0%

$ 289,897,866

* Excluding Interfund Transfers

-13.2%

Personnel
73%

Total General Fund operating expenditures and encumbrances are reflected by spending category. Personnel spending through the third quarter of FY
2024-25 is 20.14% less than spending for FY 2023-24. The majority of the decrease is due the $7M payment to the Public Safety Personnel Retirement
System (PSPRS), versus $73M in the prior year and also includes other citywide personnel cost increases and FTE changes. Operations and maintenance
spending through the second quarter of FY 2024-25 is 13.6% more than spending for FY 2023-24. Some of the increase reflects higher spending and
encumbrances for Fire, Police, Neighborhood Resources, and IT professional services.

8

5/6/2025

General Fund

Expenditure Analysis (continued / department summaries):
Mayor & Council Expenditure FY 2024-25 Comparison

Operating Only
1st Qtr Jul - Sep 24

FY 25

% of Budget

Trend %

FY 25 Adjusted

Actual

Expended

of Budget

Budget

Exp+Enc

by Qtr

by Qtr

300,310 $

324,241

23.9%

22.1%

2nd Qtr Oct - Dec 24

320,587

304,471

22.5%

20.3%

3rd Qtr

Jan - Mar 25

362,916

344,460

25.4%

23.4%

4th Qtr

Apr - Jun 25

372,490
973,172

71.8%

65.8%

Total

$

$

1,356,303

$

Dollars in Thousands

*Avg Hist.

FY 24

Actual Exp+Enc

FY 25

Actual Exp+Enc

Historical Trend Actual to Budget

400
350
300
250
200
150
100
50
-

* Historical Trend represents the average of the past 4 years % of actual to budget

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Positive
The Mayor and Council division spent 71.8% of their FY 2024-25 adjusted budget and has historically spent 65.8% of their adjusted budget through the
third quarter of the fiscal year. Higher spending in the first three quarters of FY 2024-25 reflects increases in personnel costs. This results in a negative
performance indicator as expenses through the third quarter are between two and five percentage points, however it has been changed to positive as
the expectation is to be within budget by fiscal year end.

City Clerk Expenditure FY 2024-25 Comparison

Operating Only
1st Qtr Jul - Sep 24

FY 25

% of Budget

Trend %

FY 25 Adjusted

Actual

Expended

of Budget

Budget

Exp+Enc

by Qtr

by Qtr

434,375 $

353,897

23.1%

28.4%

2nd Qtr Oct - Dec 24

349,635

330,005

21.5%

19.9%

3rd Qtr

Jan - Mar 25

383,722

327,281

21.4%

22.1%

4th Qtr

Apr - Jun 25

363,653
1,011,183

66.0%

70.4%

Total

$

$

1,531,385

$

Dollars in Thousands

*Avg Hist.

FY 24

Actual Exp+Enc

FY 25

Actual Exp+Enc

Historical Trend Actual to Budget

500
400
300
200
100
-

* Historical Trend represents the average of the past 4 years % of actual to budget

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Positive
City Clerk includes the following cost centers: City Clerk and Records Management. The department spent 66.0% of their FY 2024-25 adjusted budget
and has historically spent 70.4% of their adjusted budget through the third quarter of the fiscal year. Higher spending in the first three quarters of FY
2024-25 compared to FY 2023-24 reflects election expenses and the new Records Managment cost center which was established in FY 2024-25. This
results in a positive performance indicator, with the expectation to be within budget by fiscal year end.

9
5/6/2025

General Fund

Expenditure Analysis (continued / department summaries):
Law Expenditure FY 2024-25 Comparison
*Avg Hist.
% of Budget

Trend %

FY 25 Adjusted

Actual

Expended

of Budget

Budget

Exp+Enc

by Qtr

by Qtr

$

2nd Qtr Oct - Dec 24

1,269,110 $

1,302,529

26.0%

25.3%

1,209,211

1,139,259

22.8%

23.7%

3rd Qtr

Jan - Mar 25

1,286,097

1,358,455

27.1%

25.3%

4th Qtr

Apr - Jun 25

1,243,833
3,800,243

75.9%

74.3%

Total

$

5,008,251

$

Actual Exp+Enc

FY 25

Actual Exp+Enc

Historical Trend Actual to Budget

1,600
Dollars in Thousands

Operating Only
1st Qtr Jul - Sep 24

FY 25

FY 24

1,400
1,200
1,000
800
600
400
200
-

* Historical Trend represents the average of the past 4 years % of actual to budget

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Positive
Law spent 75.9% of their FY 2024-25 adjusted budget and has historically spent 74.3% of their adjusted budget through the third quarter of the fiscal
year. This results in a positive performance indicator, with the expectation to be within budget by fiscal year end.

City Magistrate Expenditure FY 2024-25 Comparison
*Avg Hist.
% of Budget

Trend %

FY 25 Adjusted

Actual

Expended

of Budget

Budget

Exp+Enc

by Qtr

by Qtr

$

1,348,031 $

1,780,679

29.2%

22.1%

2nd Qtr Oct - Dec 24

1,605,953

1,106,023

18.1%

20.4%

3rd Qtr

Jan - Mar 25

1,556,502

1,376,856

22.6%

19.6%

4th Qtr

Apr - Jun 25

1,592,688
4,263,558

69.9%

62.1%

Total

$

6,103,175

$

Actual Exp+Enc

FY 25

Actual Exp+Enc

Historical Trend Actual to Budget

2,000
Dollars in Thousands

Operating Only
1st Qtr Jul - Sep 24

FY 25

FY 24

1,600
1,200
800
400
-

* Historical Trend represents the average of the past 4 years % of actual to budget

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Positive
City Magistrate spent 69.9% of their FY 2024-25 adjusted budget and has historically spent 62.1% of their adjusted budget through the third quarter of
the fiscal year. Higher spending in the first quarter of FY 2024-25 reflects increases in professional services (a large encumbrance for public defender
services in the first quarter that will be spent down throughout the year) and personnel costs. The performance indicator is negative as expenses
through the third quarter are more than five percentage points higher than historical budget spent through the third quarter, however it has been
changed to positive since the expectation is to be within budget by fiscal year end.

10
5/6/2025

General Fund

Expenditure Analysis (continued / department summaries):

City Manager & Organizational Support Expenditure FY 2024-25 Comparison
Actual Exp+Enc

Historical Trend Actual to Budget

% of Budget

Trend %

FY 25 Adjusted

Actual

Expended

of Budget

Budget

Exp+Enc

by Qtr

by Qtr

6,633,047 $

8,680,550

37.5%

28.7%

2nd Qtr Oct - Dec 24

5,990,836

4,230,275

18.3%

20.6%

3rd Qtr

Jan - Mar 25

5,388,990

4,528,438

19.6%

18.0%

4th Qtr

Apr - Jun 25

5,130,079
17,439,263

75.4%

67.3%

Total

$

$

23,142,952

$

Dollars in Millions

Jul - Sep 24

Actual Expend

FY 25

FY 25
Operating Only
1st Qtr

FY 24

*Avg Hist.
9
8
7
6
5
4
3
2
1
1st Qtr

* Historical Trend represents the average of the past 4 years % of actual to budget

2nd Qtr

3rd Qtr

4th Qtr

Positive
City Manager & Organizational Support includes the following divisions budgeted in the General Fund: Administration, Buildings & Facilities, Diversity,
Equity, & Inclusion, Economic Development, Fleet Services, Human Resources, Transportation Policy, as well as Cultural Development which is shown
separately. Combined these divisions spent 75.4% of their FY 2024-25 adjusted budget and have historically spent 67.3% of their adjusted budget
through the third quarter of the fiscal year. Higher spending in the first quarter of FY 2024-25 reflects increases in professional services (a large
encumbrance in Transportation Policy in the first quarter that will be spent down throughout the year), higher utilities citywide reflected in Building &
Facilities, and personnel costs. The performance indicator is negative as expenses through the third quarter are more than five percentage points
higher than historical budget spent through the third quarter, however it has been changed to positive as the expectation is to be within budget by
fiscal year end.

Communications & Public Affairs Expenditure FY 2024-25 Comparison
FY 25

% of Budget

Trend %

FY 25 Adjusted

Actual

Expended

of Budget

Budget

Exp+Enc

by Qtr

by Qtr

Operating Only
1st Qtr

Jul - Sep 24

1,163,571 $

1,157,820

28.9%

29.1%

2nd Qtr Oct - Dec 24

925,786

920,079

23.0%

17.3%

3rd Qtr

Jan - Mar 25

917,707

906,627

22.7%

17.0%

4th Qtr

Apr - Jun 25

994,481
2,984,526

74.6%

63.4%

Total

$

$

4,001,545

$

Dollars in Thousands

*Avg Hist.

FY 24

Actual Expend

FY 25

Actual Exp+Enc

Historical Trend Actual to Budget

1,800
1,500
1,200
900
600
300
1st Qtr

* Historical Trend represents the average of the past 4 years % of actual to budget

2nd Qtr

3rd Qtr

4th Qtr

Positive
Communications and Public Affairs (CAPA) spent 74.6% of their FY 2024-25 adjusted budget and have historically spent 63.4% of their adjusted budget
through the third quarter of the fiscal year. Higher spending in the first quarter of FY 2023-24 compared to FY 2024-25 was for planned one-time
expenses for marketing/promotional and talent recruitment campaigns. Higher spending in the second quarter of FY 2024-25 compared to FY 2023-24
was for studio equipment cost associated with the government access channel. The performance indicator is negative as expenses through the thrid
quarter are more than five percentage points above the historical budget spent through the third quarter, however it has been changed to positive as
the expectation is to be within budget by fiscal year end.

11

5/6/2025

General Fund

Expenditure Analysis (continued / department summaries):
Cultural Development Expenditure 2024-25 Comparison
*Avg Hist.
% of Budget

Trend %

FY 25 Adjusted

Actual

Expended

of Budget

Budget

Exp+Enc

by Qtr

by Qtr

1,598,805 $

1,503,507

27.0%

28.7%

2nd Qtr Oct - Dec 24

1,267,927

1,249,973

22.3%

21.7%

3rd Qtr

Jan - Mar 25

1,309,914

1,278,454

23.0%

22.4%

4th Qtr

Apr - Jun 25

1,396,245
4,031,934

72.3%

72.8%

Total

$

$

5,572,891

$

Actual Exp+Enc

FY 25

Actual Exp+Enc

Historical Trend Actual to Budget

2,000
Dollars in Thousands

Operating Only
1st Qtr Jul - Sep 24

FY 25

FY 24

1,600
1,200
800
400
-

* Historical Trend represents the average of the past 4 years % of actual to budget

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Positive
Cultural Development includes the following cost centers: Administration, Center for the Arts, Downtown Redevelopment, Museum, and Special Events,
and is considered part of City Manager, Organizational Support. The department spent 72.3% of their FY 2024-25 adjusted budget and have historically
spent 72.8% of their adjusted budget through the third quarter of the fiscal year. This results in a positive performance indicator, with the expectation
to be within budget by fiscal year end.

Community Services Expenditure 2024-25 Comparison
*Avg Hist.
% of Budget

Trend %

FY 25 Adjusted

Actual

Expended

of Budget

Budget

Exp+Enc

by Qtr

by Qtr

12,983,627 $

12,390,805

32.8%

34.4%

2nd Qtr Oct - Dec 24

8,138,187

7,544,872

20.0%

19.4%

3rd Qtr

Jan - Mar 25

7,686,623

8,144,843

21.5%

18.2%

4th Qtr

Apr - Jun 25

8,988,254
28,080,520

74.3%

72.0%

Operating Only
1st Qtr Jul - Sep 24

Total

$

$

37,796,691

$

Actual Exp+Enc

FY 25

Actual Exp+Enc

Historical Trend Actual to Budget

16
Dollars in Millions

FY 25

FY 24

14
12
10
8
6
4
2
-

* Historical Trend represents the average of the past 4 years % of actual to budget

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Positive
Community Services includes the following divisions budgeted in the General Fund: Administration, Aquatics, Library, Nature & Recreation Facilities,
Park Maintenance & Operations, Recreation, and Sports & Fitness Facilities. The department spent 74.3% of their FY 2024-25 adjusted budget and have
historically spent 72.0% of their adjusted budget through the third quarter of the fiscal year. Higher spending in the third quarter of FY 2024-25 reflects
increases in personnel and park maintenance. This results in a warning performance indicator, however it has been changed to positive as the
expectation is to be within budget by fiscal year end.

12

5/6/2025

General Fund

Expenditure Analysis (continued / department summaries):
Information Technology Expenditure 2024-25 Comparison
*Avg Hist.
% of Budget

Trend %

FY 25 Adjusted

Actual

Expended

of Budget

14

Budget

Exp+Enc

by Qtr

by Qtr

12

9,229,924 $

12,907,965

42.7%

30.5%

2nd Qtr Oct - Dec 24

5,370,953

3,250,476

10.8%

14.2%

3rd Qtr

Jan - Mar 25

5,782,056

4,074,541

13.4%

15.6%

4th Qtr

Apr - Jun 25

9,851,756
20,232,982

66.9%

60.3%

Total

$

$

30,234,689

$

Dollars in Millions

Operating Only
1st Qtr Jul - Sep 24

FY 25

FY 24

Actual Exp+Enc

FY 25

Actual Exp+Enc

Historical Trend Actual to Budget

10
8
6
4
2
-

* Historical Trend represents the average of the past 4 years % of actual to budget

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Positive
Information Technology spent 66.9% of their FY 2024-25 adjusted budget and have historically spent 60.3% of their adjusted budget through the third
quarter of the fiscal year. Higher spending in the first quarter of FY 2024-25 reflects increases in professional services (large encumbrances for various
contracts in the first quarter that will be spent down throughout the year) and personnel costs. The performance indicator is negative as expenses
through the third quarter are more than five percentage points above the historical budget spent through the third quarter, however it has been
changed to positive as the expectation is to be within budget by fiscal year end.

Management Services Expenditure FY 2024-25 Comparison
*Avg Hist.
% of Budget

Trend %

FY 25 Adjusted

Actual

Expended

of Budget

Budget

Exp+Enc

by Qtr

by Qtr

2,405,014 $

2,482,830

26.7%

25.8%

2nd Qtr Oct - Dec 24

2,218,902

1,973,352

21.1%

19.5%

3rd Qtr

Jan - Mar 25

2,379,416

2,332,601

25.1%

21.2%

4th Qtr

Apr - Jun 25

2,312,240
6,788,783

72.9%

66.5%

Total

$

$

9,315,572

$

Actual Exp+Enc
Actual
Exp+Enc
Series2

Series3

Historical Trend Actual to Budget

2,800
3
Dollars
Millions
Dollars
inin
Thousands

Operating Only
1st Qtr Jul - Sep 24

FY 25

FY 24
FY 25
Series1

2,400
2,000
2
1,600
1,200
1
800
400
0-

* Historical Trend represents the average of the past 4 years % of actual to budget

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Positive
Management Services Department includes the following divisions budgeted in the General Fund: Administration, Accounting, Budget, Central Supply,
Purchasing, Tax & License, and Utility Services (reimbursed by the Public Works & Utilities Department, Water/Wastewater/Solid Waste, through the
Indirect Cost Allocation). These divisions spent 72.9% of their FY 2024-25 adjusted budget and have historically spent 66.5% of their adjusted budget
through the third quarter of the fiscal year. Higher spending in the first three quarters of FY 2024-25 reflects increases in personnel costs with a new
positions added to the Budget and Tax & License Divisions and vacancies filled. The performance indicator is negative as expenses through the third
quarter are more than five percentage points above the historical budget spent through the third quarter, however it has been changed to positive as
the expectation is to be within budget by fiscal year end.

13

5/6/2025

General Fund

Expenditure Analysis (continued / department summaries):
Neighborhood Resources Expenditure 2024-25 Comparison

Actual Exp+Enc

FY 25

Actual Exp+Enc

Historical Trend Actual to Budget

FY 25

% of Budget

Trend %

FY 25 Adjusted

Actual

Expended

of Budget

Budget

Exp+Enc

by Qtr

by Qtr

1,181,171 $

3,029,170

30.1%

11.7%

2nd Qtr Oct - Dec 24

3,543,199

2,809,729

28.0%

24.8%

3rd Qtr

Jan - Mar 25

2,401,852

1,544,357

15.3%

13.4%

4th Qtr

Apr - Jun 25

2,930,624

Total

$

$

10,056,846

$

7,383,256

73.4%

49.9%

Dollar in Thousands

Operating Only
1st Qtr Jul - Sep 24

FY 24

*Avg Hist.

3,000
2,400
1,800
1,200
600
-

* Historical Trend represents the average of the past 4 years % of actual to budget

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Positive
Neighborhood Resources includes the following cost centers budgeted in the General Fund: Administration, Housing & Redevelopment, Neighborhood
Preservation, and Community Development. The department spent 73.4% of their FY 2024-25 adjusted budget and have historically spent 49.9% of
their adjusted budget through the third quarter of the fiscal year. Higher spending in the first quarter of FY 2024-25 compared to FY 2023-24 reflects
the timing shift of encumbrances from the prior year between the first and second quarter. The performance indicator is negative as expenses through
the third quarter are more than five percentage points above historical budget spent through the third quarter, however this was changed to positive
as the expectation is to be within budget by fiscal year end.

Non-Departmental Expenditure FY 2024-25 Comparison
*Avg Hist.
% of Budget

Trend %

FY 25 Adjusted

Actual

Expended

of Budget

Budget

Exp+Enc

by Qtr

by Qtr

12,145,000 $

8,567,468

46.0%

65.1%

2nd Qtr Oct - Dec 24

1,282,214

394,754

2.1%

2.2%

3rd Qtr

Jan - Mar 25

4,317,069

334,091

1.8%

19.3%

4th Qtr

Apr - Jun 25

897,449
9,296,313

49.9%

86.6%

Total**

$

$

18,641,732

$

Actual Exp+Enc

FY 25

Actual Exp+Enc

Historical Trend Actual to Budget

Dollars in Millions

Operating Only
1st Qtr Jul - Sep 24

FY 25

FY 24

70
60
50
40
30
20
10
-

* Historical Trend represents the average of the past 4 years % of actual to budget

1st Qtr

** Excludes Reserves and Contingencies

2nd Qtr

3rd Qtr

4th Qtr

Positive
Non-Departmental includes citywide costs that do not belong to a specific department or are infrequent/unusual (i.e., memberships, legal fees, studies,
strategic economic development opportunities, and miscellaneous downtown redevelopment expenses). Spending in this category fluctuates due to
changing one-time needs from year to year. Non-departmental planned spending for FY 2024-25 is 49.9% of the adjusted budget and has historically
spent 86.6% of the adjusted budget through the third quarter of the fiscal year. Higher spending in FY 2023-24 compared to FY 2024-25 is reflective of
the decreased payment to the Public Safety Personnel Retirement System (PSPRS) payment in the amount of $7.0M, which was $73M in the prior year.
This results in a positive performance indicator, with the expectation to be within budget by fiscal year end.

14

5/6/2025

General Fund

Expenditure Analysis (continued / department summaries):
Development Services Expenditure FY 2024-25 Comparison
*Avg Hist.
% of Budget

Trend %

FY 25 Adjusted

Actual

Expended

of Budget

Budget

Exp+Enc

by Qtr

by Qtr

3,531,138 $

3,376,299

22.1%

23.1%

2nd Qtr Oct - Dec 24

3,647,599

2,611,437

17.1%

20.0%

3rd Qtr

Jan - Mar 25

4,002,120

4,864,701

31.9%

22.4%

4th Qtr

Apr - Jun 25

4,085,266
10,852,437

71.1%

65.5%

Total

$

$

15,266,123

$

Actual Exp+Enc

FY 25

Actual Exp+Enc

Historical Trend Actual to Budget

5
Dollars in Millions

Operating Only
1st Qtr Jul - Sep 24

FY 25

FY 24

4
3
2
1
-

* Historical Trend represents the average of the past 4 years % of actual to budget

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Positive
Development Services includes the following cost centers: Administration, Construction Management and Permits, Building Safety, Transportation
Engineering, Engineering, and Planning. The department spent 71.1% of their FY 2024-25 adjusted budget and have historically spent 65.5% of their
adjusted budget through the third quarter of the fiscal year. Higher spending in the first and third quarter of FY 2024-25 reflects increases in
professional services and personnel costs related to the Fiber program. The performance indicator is negative as expenses through the third quarter
are more than five percentage points higher than historical budget spent through the third quarter, however it has been changed to positive as the
expectation is to be within budget by fiscal year end.

Public Works & Utilities Expenditure FY 2024-25 Comparison
*Avg Hist.
% of Budget

Trend %

FY 25 Adjusted

Actual

Expended

of Budget

7

Budget

Exp+Enc

by Qtr

by Qtr

6

4,874,470 $

6,015,865

50.4%

40.8%

2nd Qtr Oct - Dec 24

2,346,400

1,202,849

10.1%

17.1%

3rd Qtr

Jan - Mar 25

2,794,378

2,244,460

18.7%

20.9%

4th Qtr

Apr - Jun 25

1,927,001
9,463,174

79.2%

78.8%

Total

$

$

11,942,249

$

Dollars in Millions

Operating Only
1st Qtr Jul - Sep 24

FY 25

FY 24

Actual Exp+Enc

FY 25

Actual Exp+Enc

Historical Trend Actual to Budget

5
4
3
2
1
-

* Historical Trend represents the average of the past 4 years % of actual to budget

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Positive
Public Works & Utilities includes the following divisions budgeted in the General Fund: Administration, Capital Projects, Traffic Engineering, Streets,
and Street Sweeping. The department spent 79.2% of their FY 2024-25 adjusted budget and have historically spent 78.8% of their adjusted budget
through the third quarter of the fiscal year. Slightly higher spending compared to the historical trend reflects availability of materials, general increases
in costs of goods, and personnel increases. This results in a positive performance indicator, with the expectation to be within budget by fiscal year end.

15

5/6/2025

General Fund

Expenditure Analysis (continued / department summaries):
Fire Expenditure FY 2024-25 Comparison
*Avg Hist.
FY 25

% of Budget

Trend %

Adjusted

Actual

Expended

of Budget

18

Budget

Exp+Enc

by Qtr

by Qtr

15

14,560,280 $

16,659,832

32.4%

28.3%

2nd Qtr Oct - Dec 24

11,967,817

10,577,470

20.7%

22.8%

3rd Qtr

Jan - Mar 25

12,844,904

11,985,138

23.2%

24.5%

4th Qtr

Apr - Jun 25

12,061,469
39,222,440

76.3%

75.6%

Operating Only
1st Qtr

Jul - Sep 24

Total

$

$

51,434,470

$

Dollars in Millions

FY 25

FY 24

Actual Exp+Enc

FY 25

Actual Exp+Enc

Historical Trend Actual to Budget

12
9
6
3
1st Qtr

* Historical Trend represents the average of the past 4 years % of actual to budget

2nd Qtr

3rd Qtr

4th Qtr

Positive
Fire includes the following cost centers: Administration, Health & Medical Services, Operations, Prevention & Preparedness, and Support Services. The
department spent 76.3% of their FY 2024-25 adjusted budget and have historically spent 75.6% of their adjusted budget through the third quarter of the
fiscal year. Higher spending in the first quarter of FY 2024-25 reflects increases in professional services and personnel costs which includes a one-time
payment to the Post Employment Health Plan (PEHP) for all sworn members covered by the MOU. This results in a positive performance indicator, with
the expectation to be within budget by fiscal year end.

Police Expenditure FY 2024-25 Comparison
*Avg Hist.
FY 25

% of Budget

Trend %

Adjusted

Actual

Expended

of Budget

Budget

Exp+Enc

by Qtr

by Qtr

29,361,589 $

34,793,009

31.6%

26.7%

2nd Qtr Oct - Dec 24

26,558,321

23,704,887

21.5%

22.5%

3rd Qtr

Jan - Mar 25

27,967,359

27,229,027

24.8%

23.8%

4th Qtr

Apr - Jun 25

26,121,887
85,726,923

77.9%

73.0%

Operating Only
1st Qtr

Jul - Sep 24

Total

$

$ 110,009,156

$

Actual Exp+Enc

FY 25

Actual Exp+Enc

Historical Trend Actual to Budget

40
Dollars in Millions

FY 25

FY 24

35
30
25
20
15
10
5
-

* Historical Trend represents the average of the past 4 years % of actual to budget

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr

Positive
Police includes the following cost centers: Administration, Communications, Criminal Investigations, Detention Services, Field Operations, Forensic
Services, Operational Support, Planning & Research, Professional Standards, Property & Evidence, Records, and Technology. The department spent 77.9%
of their FY 2024-25 adjusted budget and have historically spent 73.0% of their adjusted budget through the third quarter of the fiscal year. Higher
spending in the first quarter of FY 2024-25 reflects increases in personnel costs which includes a one-time payment to the Post Employment Health Plan
(PEHP) for all sworn members covered by the MOU. The performance indicator is warning as expenses through the third quarter are between two and
five percentage points higher than historical budget spent through the third quarter, however it has been changed to positive as the expectation is to be
within budget by fiscal year end.

16

5/6/2025

Enterprise Funds

Enterprise Fund Analysis:
Water Fund Analysis FY 2024-25 Comparison
FY 25 Actual

% of Budget

% of

Revenue/

Rec'd/Exp'd

Budget

Budget

Exp+Enc

to Date

Prior Yr.

62,054,928 $

43,918,797

Water Fund
Revenues

$

Transfers In

1,839,514

71%

73%

0%

23%

-

Total Revenues

$

63,894,442

$

43,918,797

69%

68%

Operating Expenses

$

45,558,140 $

38,771,845

85%

88%

Major Capital Expenses

39,420,546

18,844,561

48%

34%

Debt Service

15,469,937

2,303,259

15%

18%

Transfers Out

5,672,987

3,444,203

61%

84%

63,363,869

60%

57%

Total Expenses

$

106,121,610

Net Rev / Exp

$

(42,227,168) $ (19,445,072)

Positive

$

Water Fund Analysis
Revenues

Expenses

120
Dollars in Millions

FY 25
Adjusted

100
80
60
40
20
0
FY 24 Actual
Q3

FY 25 Actual
Q3

FY 25
Budget

The performance indicator for Enterprise Funds focuses on the relationship between Operating Revenues and Operating Expenses
(including debt service and indirect cost allocation) and the percentage of budget received/expended.

The Water Operating Fund includes the following cost centers: Administration, Environmental Resources, Meter Services, San Tan Vista Water Treatment
Plant, Water Capital, Water Distribution, Water Quality, Water Treatment Plant, and Water Systems Maintenance. The Water Operating Fund supports
operating functions and major capital costs that can be paid without borrowing. The Net Revenue/Expense for FY 2024-25 reflects a $42.2M drawdown
(includes unspent capital carryforward from prior years) to fund balance due to increased pay as you go, as well as bond funded (sold in prior year)
capital spending, and also assumes all appropriated operating and capital funds are spent, which is typically not the case. The budgeted Transfers In
totaling $1,839,514 includes $450,714 for System Development Fee (SDF) loan paybacks and $1,388,800 from Reclaimed Water to pay towards related
capital costs. The budgeted Transfers Out totaling $5,672,987 includes indirect cost allocation to the General Fund of $3,439,300, payment of $221,949 to
the Technology Replacement Fund, payment of $600,000 to the Insured Liability Self-Insurance Fund, payment of $33,528 to the Workers' Compensation
Self-Insurance Trust, and a payment of $23,511 to the Uninsured Liability Self-Insurance Fund, as well as a subsidy of $1,354,699 to the Reclaimed Water
Fund (reflects benefit received). Year-to-date Operating Revenues through the third quarter are 71% compared to 73% for FY 2023-24, while Operating
Expenses through the third quarter are 85% compared to 88% for FY 2023-24. This results in a positive performance indicator, with the expectation to be
within budget by fiscal year end.

Wastewater Fund Analysis FY 2024-25 Comparison

Revenues

$

Transfers In

FY 25 Actual

% of Budget

% of

Revenue/

Rec'd/Exp'd

Budget

Budget

Exp+Enc

to Date

Prior Yr.

50,795,566 $

36,535,147

6,260,896

Total Revenues

$

Operating Expenses

$

57,056,462

$

36,535,147

72%

70%

0%

11%

64%

59%

25,391,000 $

18,928,902

75%

77%

Major Capital Expenses

153,448,226

67,221,913

44%

51%

Debt Service

19,019,789

2,432,000

13%

29%

Transfers Out
Total Expenses
Net Rev / Exp
Positive

4,464,800
$

202,323,815

$

2,370,679

53%

84%

90,953,493

45%

52%

$ (145,267,353) $ (54,418,347)

Wastewater Fund Analysis
Revenues

Expenses

250
Dollars in Millions

Wastewater Fund

FY 25
Adjusted

200
150
100
50
0
FY 24 Actual
Q3

FY 25 Actual
Q3

FY 25
Budget

The performance indicator for Enterprise Funds focuses on the relationship between Operating Revenues and Operating Expenses
(including debt service and indirect cost allocation) and the percentage of budget received/expended.

The Wastewater Operating Fund includes the following cost centers: Airport Water Reclamation Facility, Lone Butte Wastewater Treatment, Ocotillo
Brine Reduction Facility, Ocotillo Water Reclamation Facility, Wastewater Capital, Wastewater Collection, and Wastewater Quality. The Wastewater
Operating Fund supports operating functions and major capital costs that can be paid without borrowing. The Net Revenue/Expense for FY 2024-25
reflects an $145M drawdown (includes unspent capital carryforward from prior years) to fund balance due to increased pay as you go, as well as bond
funded (sold in prior year) capital spending and also assumes all appropriated operating and capital funds are spent, which is typically not the case. The
budgeted Transfers In totaling $6,260,896 includes $5M for System Development Fee (SDF) loan paybacks and $1,260,896 from Reclaimed Water towards
related capital costs. The budgeted Transfers Out totaling $4,464,800 includes indirect cost allocation to the General Fund of $2,911,800, payment of
$152,413 to the Technology Replacement Fund, payment of $22,377 to the Workers' Compensation Self-Insurance Trust, and a payment of $23,511 to
the Uninsured Liability Self-Insurance Fund, as well as a subsidy of $1,354,699 to the Reclaimed Water Fund (reflects benefits received). Year-to-date
Operating Revenues through the third quarter are 72% compared to 70% for FY 2023-24, while Operating Expenses through the third quarter are 75%
compared to 77% for FY 2023-24. This results in a positive performance indicator, with the expectation to be within budget by fiscal year end.

17
5/6/2025

Enterprise Funds

Enterprise Fund Analysis (continued):
Reclaimed Water Fund Analysis FY 2024-25 Comparison
% of Budget

% of

Adjusted

Revenue/

Rec'd/Exp'd

Budget

$

Exp+Enc

to Date

Prior Yr.

Transfers In

1,729,000

$

2,709,398

1,260,770

73%

64%

0%

100%

-

Total Revenues

$

4,438,398

$

1,260,770

28%

86%

Operating Expenses

$

2,590,444

$

2,349,172

91%

80%

100,906

4%

99%

46%

92%

Transfers Out

2,783,214

Total Expenses

$

5,373,658

$

2,450,078

Net Rev / Exp

$

(935,260) $

(1,189,307)

Positive

Reclaimed Water Fund Analysis
Revenues

Expenses

5,000
Dollars in Thousands

FY 25 Actual

Budget

Reclaimed Water
Revenues

FY 25

4,000
3,000
2,000
1,000
FY 24 Actual
Q3

FY 25 Actual
Q3

FY 25
Budget

The performance indicator for Enterprise Funds focuses on the relationship between Operating Revenues and Operating Expenses
(including debt service and indirect cost allocation) and the percentage of budget received/expended.

The Reclaimed Water Operating Fund supports operating functions and now a portion of related capital costs. The Net Revenue/Expense for the
FY 2024-25 budget reflects a drawdown to fund balance. The budgeted Transfers In totaling $2,709,398 includes subsidies from Water and
Wastewater Funds of $1,354,699 each to reflect the benefit each fund receives by reclaiming water. The budgeted Transfers Out totaling
$2,783,214 include an indirect cost allocation to the General Fund of $129,500, payment of $3,070 to the Technology Replacement Fund, and $948
to the Workers' Compensation Self-Insurance Trust, as well as a payment of $1,388,800 to the Water Fund and $1,260,896 to the Wastewater Fund
to reflect contributions to reclaimed capital costs. Year-to-date Operating Revenues through the third quarter are 73% of budget compared to
64% for FY 2023-24, while Operating Expenses through the third quarter are 91% of budget as compared to 80% for FY 2023-24. This results in a
nagetive fund indicator, however it has been changed to positive, since the budget for the Reclaimed Water Interconnect Facility was adopted in
Fund 615 and the expense are being changed to Reclaimed Water Fund. Budget is being transferred from Fund 615 as needed, and the intent to to
be within budget by fiscal year end.

Solid Waste Fund Analysis FY 2024-25 Comparison
Solid Waste Fund Analysis

Revenues

$

Total Revenues
Operating Expenses

FY 25 Actual

% of Budget

% of

Revenue/

Rec'd/Exp'd

Budget

Budget

Exp+Enc

to Date

Prior Yr.

19,712,816

14,642,059

74%

72%

$ 19,712,816

$ 14,642,059

74%

72%

$

$

17,688,519

88%

88%

20,116,422

$

Major Capital Expenses

5,753,482

2,949,946

51%

20%

Transfers Out

1,345,520

1,026,136

76%

77%

Total Expenses

$ 27,215,424

$ 21,664,601

80%

78%

Net Rev / Exp

$

Positive

(7,502,608) $

Revenues

Expenses

27
Dollars in Millions

Solid Waste

FY 25
Adjusted

24
21
18
15
12
9
6
3
FY 24 Actual
Q3

(7,022,542)

FY 25 Actual
Q3

FY 25
Budget

The performance indicator for Enterprise Funds focuses on the relationship between Operating Revenues and Operating Expenses
(including debt service and indirect cost allocation) and the percentage of budget received/expended.

The Solid Waste Operating Fund supports operating functions and major capital costs that can be paid without borrowing. The Net
Revenue/Expense for FY 2024-25 reflects a drawdown of $7.5M (includes unspent capital carryforward from prior years). The budgeted Transfers
Out totaling $1,345,520 include an indirect cost allocation to the General Fund of $1,261,500, payment of $67,985 to the Technology Replacement
Fund, and payment of $16,035 to the Workers' Compensation Self-Insurance Trust. Year-to-date Operating Revenues through the third quarter
are 74% compared to 72% for FY 2023-24, while Operating Expenses through the third quarter are 88% compared to 88% for FY 2023-24. The
third quarter of the fiscal year includes remaining encumbrances ($5.9M) recorded for the fiscal year, with revenues more equally apportioned
throughout the year. By adjusting for those encumbrances, the resulting fund indicator is positive.

18
5/6/2025

Enterprise / Other Funds

Enterprise / Other Funds Analysis (continued):
Airport Fund Analysis FY 2024-25 Comparison

Revenues

$

General Fund Subsidy

% of Budget

% of

Adjusted

Revenue/

Rec'd/Exp'd

Budget

Budget

Exp+Enc

to Date

Prior Yr.

1,217,988 $

987,485

81%

92%

1,396,732

10%

6%

$

2,384,216

16%

18%

1,602,906 $

1,317,350

82%

75%

12,916,659

1,504,658

12%

6%

115,324

90,324

78%

78%

$

2,912,332

20%

24%

$

(528,115)

13,416,901

Total Revenues

$

Operating Expenses

$

Major Capital Expenses
Transfers Out
Total Expenses

$

Net Rev / Exp

$

Positive

FY 25 Actual

14,634,889

14,634,889
-

Revenues

Expenses

16,000
Dollars in Thousands

Airport Fund

Airport Fund Analysis

FY 25

14,000
12,000
10,000
8,000
6,000
4,000
2,000
FY 24 Actual
Q3

FY 25 Actual
Q3

FY 24
Budget

The performance indicator for Enterprise Funds focuses on the relationship between Operating Revenues and Operating Expenses
(including debt service and indirect cost allocation) and the percentage of budget received/expended.

The Airport Fund supports operating functions and major capital costs that can be paid without borrowing. The Net Revenue/Expense for FY 2024-25
reflects no budgeted change in fund balance since the General Fund Subsidy of $13.4M is budgeted from the General Fund to make up the funding
needed to support operations and/or Major Capital Expenses. The budgeted Transfers Out totaling $115,324 includes indirect cost allocation to the
General Fund of $100,000 and a payment of $15,324 to the Technology Replacement Fund. Year-to-date Operating Revenues through the third
quarter are 81% of budget compared to 92% for FY 2023-24, while year-to-date Operating Expenses through the third quarter are 82% of budget
compared to 75% for FY 2023-24. This results in a positive performance indicator, with the expectation to be within budget by fiscal year end.

Highway User Fund (HURF) Analysis FY 2024-25 Comparison

$

Other

FY 25 Actual

% of Budget

% of

Adjusted

Revenue/

Rec'd/Exp'd

Budget

Budget

Exp+Enc

to Date

Prior Yr.

17,000,000 $

14,109,317

83%

80%

669,000

1,106,007

165%

100%
81%

Total Revenues

$

17,669,000

$

15,215,324

86%

Operating Expenses

$

10,243,725 $

7,603,092

74%

75%

17,334,017

15,506,587

89%

92%

Major Capital Expenses
Transfers Out
Total Expenses
Net Rev / Exp
Positive

133,747

133,227

100%

100%

$

27,711,489

$

23,242,906

84%

87%

$

(10,042,489) $

(8,027,581)

Highway User Fund Analysis
Revenues

Dollars in Millions

Highway Users Tax

FY 25

Expenses

30
27
24
21
18
15
12
9
6
3
0
FY 24 Actual
Q3

FY 25 Actual
Q3

FY 24
Budget

The performance indicator for this Special Revenue Fund focuses on the relationship between Operating Revenues and Operating
Expenses (including debt service) and the percentage of budget received/expended.

Highway Users Tax is collected by the state on all gasoline sales. It is combined with other state-level vehicle related revenues, and distributed to cities
and towns by using two formulas based upon population. Funds are restricted for use on streets and related projects. The Net Revenue/Expense for FY
2024-25 reflects a drawdown of $10.0M (includes unspent capital carryforward from prior years). The budgeted Transfers Out totaling $133,747 include
a payment to the General Fund of $2,082 for miscellaneous charges, a payment of $26,583 to the Technology Replacement Fund, and a payment of
$105,082 to the Uninsured Liability Self-Insurance Fund for stormwater oversight. Year-to-date Operating Revenues through the third quarter are 83%
of budget compared to 80% for FY 2023-24, while year-to-date Operating Expenses through the third quarter are 74% of budget compared to 75% for
FY 2023-24. This results in a positive performance indicator, with the expectation to be within budget by fiscal year end.

19
5/6/2025

Other Funds

Other Funds Analysis (continued):

Enterprise System Development Fee Funds Analysis FY 2024-25 Comparison
FY 25

FY 25

% of Budget

Development Fee

Adjusted

Actual

Rec'd to

Budget

Revenue

Date

(SDF) Funds
Water

$

Reclaimed Water
Wastewater
Total SDF Revenue

$

3,594,000 $

2,398,640

67%

890,300

630,757

71%

3,293,000

2,694,704

82%

5,724,100

74%

7,777,300

$

10
Dollars in Millions

Enterprise System

Note: Budget and Actual amounts reflect SDF revenues and the interest earned

FY 24 Adjusted Budget

FY 25 Adjusted Budget

FY 24 Actual

FY 25 Actual

8
6
4
2
0

on fund balances, and excludes loan transfers in/out or proceeds from bond

Water

sales.

Reclaimed Water

Wastewater

Enterprise (Water, Wastewater, and Reclaimed Water) System Development Fees (SDFs) are assessed on building permits based on the meter size.
Enterprise SDF's are assessed on all residential, but may or may not be assessed on Commercial. Commercial properties are assessed if a Water
Meter Permit (WMI) is needed. Enterprise SDFs are based on development and fluctuate quarterly as well as from year to year. The graph shows the
FY 2024-25 budget and year-to-date collections through the third quarter compared to the FY 2023-24 budget and year-to-date collections through
the third quarter. Collections through the third quarter of FY 2024-25 were 74% of the budget as compared to the prior year's collections of 26% of
the budget, including a significant development permit issued this year.

General System Development Fee Funds Analysis FY 2024-25 Comparison
General System

FY 25

FY 25

% of Budget

Development Fee

Adjusted

Actual

Rec'd to

Budget

Revenue

Date

Arterial Streets

$

2,332,258

60%

557,000

218,898

39%

Library

-

12,132

0%

Parks

948,000

1,442,673

152%

Police

312,000

110,706

35%

Public Building

277,000

99,639

36%

4,216,305

71%

Fire

Total SDF Revenue

$

5,970,000

$

FY 25 Adjusted Budget

FY 24 Actual

FY 25 Actual

8,000

3,876,000 $

Dollars in Thousands

(SDF) Funds

FY 24 Adjusted Budget

7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
Arterial
Streets

Note: Budget and Actual amounts reflect Impact Fee revenues and the interest
earned on fund balances, and excludes loan transfers in/out or proceeds from

Fire

Library

Parks

Police

Public
Building

bond sales.

General (Arterial Streets, Fire, Library, Parks, Police, and Public Building) System Development Fees (SDFs) are charged on all commercial and
residential building permits and is based on square footage and land use. General SDF fees are based on development and will fluctuate quarterly as
well as annually. The graph shows the FY 2024-25 budget and year-to-date collections through the third quarter compared to the FY 2023-24 budget
and year-to-date collections through the third quarter. Collections through the third quarter of FY 2024-25 were 71% of the budget as compared to
the prior year's collections of 34% of the budget, including a significant development permit issued this year.

20
5/6/2025

Other Funds

Other Funds Analysis (continued):
Grant Funds Analysis FY 2024-25 Comparison

Operating Grant Revenues

$

FY 24

Actual

Actual

Revenue

Revenue

FY 24 Actual Revenue

386,457 $

372,758

Community Services

199,266

254,819

Neighborhood Resources

161,110

406,997

Neighborhood Res. - CDBG & HOME

799,577

1,007,276

11,853,525

11,805,251

Public Safety

653,753

1,786,882

Public Works & Utilities

727,011

Neighborhood Res. - HUD

-

12
11
10
9
8
7
6
5

$

15,633,983

4

398,198 $

864,794

2

Community Services

-

1,344,722

Cultural Development

224,756

Public Works & Utilities

4,847,645

Total Operating Grant Revenue

$

General Government*

$

14,780,699

FY 25 Actual Revenue

13

Millions

General Government*

FY 25

3
1
-

3,975,141

Total Capital Grant Revenue

$

5,470,598

$

6,184,657

Total Grant Revenue

$

20,251,297

$

21,818,640

* Includes Airport, CAPA, City Manager, Economic Development, Law, Magistrate, Transportation Policy, and Non-Departmental non-entitlement programs.

Grants are an additional source of funds for major capital projects and certain operating programs. Grant sources include federal, state, and county
governments as well as donations from businesses, organizations, or individuals to support particular programs. In most cases, grant revenues for many
programs are received on a reimbursable basis, so the revenue on a large capital project may lag a fiscal year after the project is initiated. Actual collections
through the third quarter of FY 2024-25 are $20.3M as compared to $21.8M as collected through the third quarter of FY 2023-24. The Federal Grant Freeze
will impact some categories and is being monitored.

21
5/6/2025