City of Irvine - Fiscal Year 2023-25 Adopted Budget

BUDGET SUMMARY

ALL FUNDS ALL FUNDS COMBINED

2020-21

2021-22

2022-23

2023-24

2024-25

BUDGET CATEGORY

ACTUAL

ACTUAL

ADJUSTED

ADOPTED

ADOPTED

REVENUES ASSESSMENT REVENUE CAPITAL CONTRIBUTIONS

43,457,175

49,630,694

65,582,885

38,644,015 1,328,000 27,264,319 3,936,079 5,794,164 1,192,158 10,996,766 17,741,311 43,830,005 1,833,261 38,929,160

41,980,898

641,661

378,788

326,500

105,000

DEVELOPMENT FEES

13,941,325 4,671,009 3,255,272 1,238,294 9,406,513 5,787,417 37,651,697 1,535,741 10,272,616

22,838,599 4,860,834 4,298,412 1,112,077 9,887,534 13,749,850 42,218,796 1,484,429 (29,400,430)

17,840,982 3,611,400 7,136,851 1,808,336 9,153,947 14,768,352 45,923,274 1,581,367 10,139,670

27,305,241 4,027,003 6,053,281 1,192,158 11,201,389 19,111,419 44,818,063 1,838,861 38,350,401

DOCUMENTARY TRANSFER TAX

FEES FOR SERVICES FINES & FORFEITURES

FRANCHISE TAX

HOTEL TAX

INTERNAL SERVICE FEES & REVENUE

LICENSES & PERMITS

MISCELLANEOUS REVENUES

MOTOR VEHICLE IN-LIEU REVENUES

206,614

313,725

229,006

323,207

328,055

OTHER TAXES & FEES

48,619,226 9,331,917 84,348,989 28,170,218 73,447,895 4,775,611

24,737,359 18,641,673 89,089,181 82,949,566 90,235,269 5,348,707

21,597,957 18,721,163 91,988,751 33,877,890 89,458,460 4,857,890

25,231,813 19,927,160

25,236,728 20,252,829

PROGRAM AND SERVICE FEES

PROPERTY TAX

97,763,761 102,052,797

REVENUE FROM OTHER AGENCIES

34,636,507

25,261,829

SALES TAX

99,620,432 103,287,200

UTILITY USERS TAX

6,254,905

6,366,906

SUB-TOTAL REVENUE 380,759,191 432,375,060

438,604,681 475,247,023 478,770,058

TRANSFERS IN

86,864,526 185,321,319

332,071,014 268,978,329

91,499,278

TOTAL RESOURCES 467,623,717 617,696,379

770,675,695 744,225,352 570,269,336

EXPENDITURES CAPITAL EQUIPMENT CIP EXPENDITURES CONTRACT SERVICES INTERNAL SERVICE LESS COST ALLOCATED

3,623,670 30,541,390 77,079,176 27,195,918 (265,013) 9,156,202 3,211,723 1,041,625

3,470,022 55,624,648 85,738,930 28,857,271 (296,751) 8,133,640 4,893,038 1,342,735

8,891,755

6,135,530

5,353,732

276,437,529 241,566,870 257,229,259 128,511,122 124,794,894 104,916,641

30,093,754 (217,000) 9,391,272

28,094,279 (284,455) 7,363,292

28,439,691 (284,455) 7,978,823

MISCELLANEOUS

OVERTIME SALARIES

6,479,383 1,809,598

6,966,190 4,136,263

6,726,922 4,190,595

REPAIRS & MAINTENANCE

SALARY & BENEFITS

171,736,750 172,581,385

208,106,817 214,784,619 222,769,644

SUPPLIES

11,265,709 1,482,019 10,154,582

14,883,810 1,803,500 12,302,869

18,634,203 2,916,899 15,868,278

25,074,266 1,774,831 16,540,775

21,453,440 1,805,862 17,010,081

TRAINING/BUS EXPENSE

UTILITIES

SUB-TOTAL APPROPRIATIONS 346,223,750 389,335,097

706,923,610 676,947,354 677,590,235

TRANSFERS OUT

86,864,526 185,321,319 91,499,278 TOTAL EXPENDITURES 433,088,276 574,656,416 1,038,994,624 945,925,683 769,089,513 332,071,014 268,978,329

FY 2023-25 Adopted Budget

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