HomeMy WebLinkAboutF. 5 - Mid-Year & Year-End Jun2026CITY OF
GRAND
TERRACE
MID-YEAR &
YEAR-END
BUDGET REVIEWFebruary 24, 2026
PURPOSE OF REVIEW
•Mid-Year actuals
& Year-end
projections;
•Proposed budget
adjustments for
the current year, if
any;
2
FY2025-26 ACTUAL REVENUES AS OF 12-31-2025
9
As of December 31, 2025, General Fund operating revenues
received were $3,874,928, or 44.5% of the approved budget of
$8,710,104.
General Fund operating expenditures through December 31,
2025 were $3,978,689, which represents 43.8% of the
approved expenditures of $9,075,851. The approved
expenditures includes $173,351 that was carried over from the
prior fiscal year.
FY2025-26 PROJECTED REVENUES
9
REVENUES Approved Budget Year-End
Projection
Variance (Year-end vs.
Budget)
Property Tax $5,190,000 $6,478,224 1,288,224
Franchise Fees 675,000 708,466 33,466
Licenses, Fees & Permits 505,320 470,389 -34,931
Sales Tax 1,600,000 1,372,683 -227,317
Charges for Services 132,500 47,914 -84,586
Fines & Forfeitures 41,000 21,591 -19,409
Miscellaneous 33,624 12,696 -20,928
Use of Money & Property 72,660 331,830 259,170
Intergovernmental Rev/Grants 58,500 43,791 -14,709
Waste Water Receipts 401,500 481,800 80,300
TOTAL REVENUES $8,710,104 $9,969,384 $1,259,280
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FY2025-26 PROJECTED EXPENDITURES
EXPENDITURES Approved Budget Year -end Projection
Variance (Year-end vs.
Budget)
City Council $ 110,522 $ 109,088 $ 1,434
City Manager $ 1,014,832 $ 1,133,739 $ (118,907)
City Clerk $ 309,618 $ 305,113 $ 4,505
City Attorney $ 207,500 $ 294,888 $ (87,388)
Finance $ 838,726 $ 759,139 $ 79,587
Planning & Dev. Svcs. $ 1,168,324 $ 1,144,796 $ 23,528
Public Works $ 1,537,477 $ 1,987,845 $ (450,368)
Law Enforcement $ 2,941,250 $ 2,982,396 $ (41,146)
Non-Departmental $ 947,602 $ 1,246,624 $ (299,022)
TOTAL EXPENSE $ 9,075,851 $ 9,963,628 $ (887,777)
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FY2025-26 REVENUE & EXPENSE
Approved Year -End Projection Year -end
Budget vs. Appr
Budget
REVENUE $ 8,710,104 $ 9,969,384 $ 1,259,280
EXPENSE Including
carry over from FY 24-25
$ (9,075,851) $ (9,963,628) $ (887,777)
NET $ (365,747)$ 5,756 $ 371,503
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Sheriff's Depart SSS Officer & Vehicle 34,000.00
Flock Cameras 50,000.00
84,000.00
Parks (4) Drinking fountains for parks 43,000.00
(6) Sinks at parks 8,000.00
(4) Urinals for parks 11,000.00
Replace (31) lights @ Rollins Park 17,500.00
Reseed Griffin Park 20,000.00
Baseball Field lights @ Freedom Park 243,677.00
(4) Gates for Rollins park bathroom 20,000.00
363,177.00
Streets Concrete Project/Street Paving 100,000.00
Radar Speed Cameras -Canal St 10,000.00
Signage & Parking stops 5,000.00
Sidewalk Grinder 15,000.00
130,000.00
City Manager Ballot Measure Consultant 100,000.00
ADA Access for Council Chambers 6,000.00
Truck Route Survey and Signage 20,000.00
126,000.00
Bldg Maint E-waste bin for City Hall 2,500.00
Solar motion lights 2,000.00
(1) Drinking fountain for City Hall 2,000.00
Glass roof repair entrance of City Hall 10,000.00
Rehab Maint Building 50,000.00
AV Equip for Council Chamber 3,000.00
69,500.00
Bldg & Safety Scanning for Building Docs 18,000.00
EOC Repair and reinstall emergency radio 8,000.00
Portable generators 3,000.00
Handheld radios 4,000.00
15,000.00
Special Events Outdoor Christmas Decorations 10,000.00
A-Frame poster signs 1,500.00
11,500.00
Senior Center Billard's Room 1,500.00
Popcorn machine 500.00
Door mats 1,100.00
(4) Chairs 500.00
Information Kiosk 500.00
4,100.00
Miscellaneous Planning Assistant to Associate 10,000.00
Timer control box for auto gates 3,000.00
Excavator 28,000.00
Public Reporting App 20,000.00
Storage container for yard 5,500.00
66,500.00
TOTAL 887,777.00
MID YEAR DETAILS
QUESTIONS?