|
<br />29
<br />4826-7904-2280v7/200434-0005
<br />Change in Fund Balance of the City General Fund
<br />Set forth in the table below are the City’s statements of revenues, expenditures and changes in fund
<br />balance for Fiscal Years 2016 through 2020 for the group of thirteen funds.
<br />TABLE 10
<br />City of Santa Ana
<br />General Fund and Self-Restricted Funds
<br />Statement of Revenues, Expenditures and Changes in Fund Balances
<br /> Fiscal Year Ended June 30,
<br /> 2016 2017 2018 2019 2020(1)
<br />Revenues
<br />Taxes(2) $ 124,238,920 $ 129,763,539 $ 134,309,780 $ 142,002,496 $ 151,190,715
<br />Licenses and Permits 4,729,690 5,785,894 7,977,170 9,946,891 5,215,322
<br />Intergovernmental(3) 50,997,487 50,814,601 49,037,555 67,951,954 110,861,657
<br />Charges for Services 10,757,091 14,472,475 13,452,166 16,776,893 17,460,104
<br />Fines and Forfeitures 5,449,856 5,095,647 5,712,946 5,651,372 5,916,559
<br />Investment Income 1,414,914 42,176 148,306 2,179,290 1,981,897
<br />Cost Recoveries 13,093,550 11,085,462 11,390,682 12,044,426 13,740,176
<br />Rental Income 13,774,498 12,046,979 11,679,847 16,848,228 16,714,523
<br />Miscellaneous 105,050 193,804 257,572 2,130,677 121,356
<br />Total Revenues $ 224,561,056 $ 229,300,577 $ 233,966,024 $ 275,532,227 $ 323,202,309
<br />
<br />Expenditures
<br />Current
<br />General Government $ 9,796,907 $ 12,804,418 $ 10,981,779 11,762,239 $ 45,321,534
<br />Human Resources 1,181,123 1,277,872 1,473,061 1,858,518 2,070,213
<br />Finance and Management Services 3,984,334 4,722,453 5,919,085 6,073,730 8,696,994
<br />Museum 1,474,616 1,475,706 1,468,035 1,472,784 1,472,977
<br />Library 3,234,190 3,656,110 4,009,491 4,253,772 4,304,748
<br />Recreation and Community Services 15,556,098 16,248,040 17,048,700 17,734,237 18,900,061
<br />Police Department 108,859,309 120,384,618 122,483,430 132,101,981 133,356,220
<br />Fire Services 41,482,079 41,392,205 50,438,382 52,410,181 47,480,567
<br />Planning and Building 8,497,671 9,706,009 10,846,912 11,952,215 12,991,719
<br />Public Works 5,700,647 5,026,373 6,234,394 8,481,824 10,044,017
<br />Community Development 1,382,543 1,136,506 1,331,612 1,772,463 2,910,203
<br />Capital Outlay 1,718,202 3,635,528 1,884,313 7,250,711 7,071,511
<br />Debt Service:
<br />Principal 434,103 1,005,923 1,229,820 1,298,230 1,871,017
<br />Interest and Fiscal Charges 200,312 245,099 347,640 337,279 573,995
<br />Total Expenditures $ 203,502,134 $ 222,716,860 $ 235,696,654 $ 258,760,164 $ 297,065,776
<br />
<br />Excess (Deficiency) of Revenues Over
<br />(Under) Expenditures $ 21,058,922 $ 6,583,717 $ (1,730,630) $ 16,772,063 $ 26,136,533
<br />
<br />Other Financing Sources (Uses)
<br />Transfers In -- 34,244 - $ 31,889 $ 6,632,780(4)
<br />Transfers Out (11,030,700) (11,043,845) (10,758,539) (10,752,807) (10,757,640)
<br />Issuance of Debt -- 2,051,786 7,296,906 -- --
<br />Total Other Financing Sources (Uses) $ (11,030,700) $ (8,957,815) $ (3,461,633) $ (10,720,918) $ (4,124,860)
<br />
<br />Net Change in Fund Balances $ 10,028,222 $ (2,374,098) $ (5,192,263) $ 6,051,145 $ 22,011,673
<br />Fund Balances – Beginning of Fiscal Year $ 66,899,222 $ 76,927,444 $ 74,553,346 $ 69,361,083 $ 75,412,228
<br />Fund Balances – End of Fiscal Year $ 76,927,444 $ 74,553,346 $ 69,361,083 $ 75,412,228 $ 97,423,901
<br />
<br />(1) Prior to Fiscal Year 2020, the City allocated UAL on a pro rata basis by department. However, beginning in Fiscal Year 2020, the City began
<br />classifying all UAL as a General Government Expenditure. This resulted in a slight reduction in all expenditure categories except for General
<br />Government, which showed a large increase in Fiscal Year 2020.
<br />(2) See the caption “—Tax Revenues of the City” for a breakdown of tax revenues for the past five Fiscal Years.
<br />(3) The City’s voters approved Measure X (defined below) on November 6, 2018 and began collecting Measure X revenues in Fiscal Year 2019.
<br />The City has classified revenues received under Measure X as Intergovernmental Revenues, which has resulted in the large increase in
<br />Intergovernmental Revenues in Fiscal Years 2019 and 2020. See “—Sales Taxes—District Add-On” for more information regarding Measure
<br />X.
<br />(4) Increase is primarily the result of proceeds received from the Streetlights Acquisition and Upgrade Project Financing. See –Other
<br />Indebtedness—General Revenues-Supported Obligations.”
|