SPECIAL FUNDS
Trust and Agency Funds The City’s practice is to account for revenues and appropriations within the appropriate Assessment District or Community Facilities District. These bonds (issued under the 1913 and 1915 Improvement Bond Act or the Mello-Roos Community Facilities Act of 1982) are not liabilities of the City of Irvine and do not provide resources for government operations. Special District Funds such as these may be used only for purposes identified in the bond issuance documents and therefore are not subject to annual budgeting. Special Funds Budget Summary For FY 2023-24, estimated Special Funds revenues and transfers-in (exclusive of the General Fund) are $490,760,150, and appropriations and transfers-out are $692,468,917. For FY 2024-25, estimated Special Funds revenues and transfers-in (exclusive of the General Fund) are $306,911,943, and appropriations and transfers-out are $505,955,865. The majority of these revenues and appropriations are restricted for use in the Capital Projects and Special Revenue Funds.
FY 2023-24 Special Funds Summary
Revenues & Transfers-In
Appropriations & Transfers-Out
Category Summary
Revenues
Appropriations
General Reserve Funds Special Revenue Funds Capital Project Funds Internal Service Funds
27,928,095 106,093,791 46,995,926 44,365,267 225,383,079
32,468,005 166,794,804 247,132,074 44,365,267 490,760,150
43,525,533 119,468,174 224,908,000 50,519,241 438,420,948
98,672,832 286,361,647 255,033,226 52,401,212 692,468,917
Total
$
$
$
$
FY 2024-25 Special Funds Summary
Revenues & Transfers-In
Appropriations & Transfers-Out
Category Summary
Revenues
Appropriations
General Reserve Funds Special Revenue Funds Capital Project Funds Internal Service Funds
28,856,610 102,864,771 43,202,798 44,275,786 219,199,965
35,294,190 125,795,590 101,546,377 44,275,786 306,911,943
30,276,914 105,989,218 242,483,276 53,121,375 431,870,783
41,928,794 138,200,849 272,704,847 53,121,375 505,955,865
Total
$
$
$
$
FY 2023-25 Adopted Budget
311
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