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HomeMy WebLinkAbout2025-01 TCSD Resolution RESOLUTION NO. CSD 2025-01 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA COMMUNITY SERVICES DISTRICT OF THE CITY OF TEMECULA AMENDING THE FISCAL YEAR 2024-25 ANNUAL OPERATING BUDGETS THE BOARD OF DIRECTORS OF THE TEMECULA COMMUNITY SERVICES DISTRICT OF THE CITY OF TEMECULA DOES HEREBY RESOLVE AS FOLLOWS: Section 1. The purpose of this review is to conduct an analysis of revenues and expenditures to ensure that the Temecula Community Services District (TCSD) maintains a prudent and healthy fiscal position. Section 2. That each year a Mid-Year review is conducted of all Temecula Community Services(TCSD)operating budgets. Section 3. That the Mid-Year review has been completed and the recommended adjustments are reflected in the schedules attached hereto as Exhibit A. Section 4. That the Fiscal Year 2024-25 TCSD operating budgets are amended in accordance with the attached schedules. 111 PASSED, APPROVED, AND ADOPTED by the Board of Directors of the Temecula Community Services District of the City of Temecula this 11th day of February, 2025. —27 ",.... Zak Schwank, President ATTE Asp IIV Randi76',1PF ecretary [SEAL] 1 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss CITY OF TEMECULA ) I, Randi Johl, Secretary of the Temecula Community Services District of the City of Temecula, do hereby certify that the foregoing Resolution No. CSD 2025-01 was duly and regularly adopted by the Board of Directors of the Temecula Community Services District of the City of Temecula at a meeting thereof held on the 11t' day of February, 2025, by the following vote: AYES: 5 BOARD MEMBERS: Alexander, Kalfus, Rahn, Schwank, Stewart NOES: 0 BOARD MEMBERS: None ABSENT: 0 BOARD MEMBERS: None ABSTAIN: 0 BOARD MEMBERS: None Randi Johl, Secretary I 2 EXHIBIT A Temecula Community Services District FUND: 190 - TEMECULA COMMUNITY SERVICES DISTRICT FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Taxes and Franchises Special Tax (Measure C)1,908,085 1,926,088 25,985 1,926,088 0 0.0 % Licenses, Permits and Service Charges Contract Classes 1,021,502 1,200,000 710,660 1,200,000 0 0.0 % Classes/Activities 119,859 67,640 38,868 68,239 599 0.9 % Facility Rentals 426,489 373,650 228,043 382,579 8,929 2.4 % Aquatics 245,054 237,966 191,437 238,966 1,000 0.4 % Museum Admissions 103,604 94,335 55,441 97,435 3,100 3.3 % Theater Admissions 270,541 295,000 159,061 297,000 2,000 0.7 % Sports Leagues & Tournaments 301,153 231,993 123,894 224,193 (7,800)-3.4 % Day Camps 115,727 116,721 10,104 116,721 0 0.0 % Use of Money and Property Investment Interest 51,789 4,000 11,193 11,356 7,356 183.9 % Other 3,117 0 0 0 0 0.0 % Reimbursements Other Reimbursements 18,077 93,077 195,630 106,510 13,433 14.4 % Operating Transfers In Contribution From Measure S 13,254,402 16,175,055 8,087,528 15,864,726 (310,329)-1.9 % Miscellaneous Miscellaneous 102,984 87,851 29,171 93,277 5,426 6.2 % Total Revenues and Other Sources 17,942,382 20,903,376 9,867,016 20,627,090 (276,286)-1.3 % Expenditures by Category Salaries & Benefits 10,594,330 12,630,487 6,220,371 12,580,493 (49,994)-0.4 % Operations & Maintenance 4,870,642 5,623,695 2,648,148 5,846,761 223,066 4.0 % Internal Service Fund Allocations 2,694,441 2,724,332 1,928,562 2,724,332 0 0.0 % Capital Outlay 37,765 0 0 0 0 0.0 % Transfers 37,706 0 0 0 0 0.0 % Total Expenditures and Other Financing Uses 18,234,885 20,978,514 10,797,081 21,151,586 173,072 0.8 % Excess of Revenues Over (Under) Expenditures (292,503)(75,138)(930,065)(524,496)(449,358)598.0 % Fund Balance, Beginning of Year 916,999 624,497 624,497 Fund Balance, End of Year 624,497 549,359 100,000 Fund Description Citywide Operations reflects the collection of the Special Tax (Measure C) charged to households for recreation programs as well as fees for classes and activities. Accounts for facility operations, maintenance, and community recreation programs. Measure C was approved by residents in 1997 at a rate of $74.44 per parcel for the purpose of maintaining the City's parks, recreation facilities, arterial street lighting and traffic signals. The Special Tax revenue is allocated equally between TCSD and the General Fund to fund both recreation programs and parks maintenance. City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 191 - TCSD SERVICE LEVEL "B" STREETLIGHT REPLACEMENT FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Use of Money and Property Investment Interest 54,595 8,000 33,928 43,442 35,442 443.0 % Operating Transfers In Operating Transfers In 200,000 200,000 100,000 200,000 0 0.0 % Total Revenues and Other Sources 254,595 208,000 133,928 243,442 35,442 17.0 % Excess of Revenues Over (Under) Expenditures 254,595 208,000 133,928 243,442 35,442 17.0 % Fund Balance, Beginning of Year 1,069,628 1,324,223 1,324,223 Fund Balance, End of Year 1,324,223 1,532,223 1,567,665 Fund Description This fund was established to accumulate resources for the replacement of streetlight equipment, poles and lightbulbs, as the City has acquired street lights from Southern California Edison, and to install new street lights as needed throughout the City. Each year, $200,000 is transferred to this fund from the TCSD Service Level "B" Street Lights Fund (Fund 192). City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 192 - TCSD SERVICE LEVEL "B" STREET LIGHTS FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 654,945 658,307 4,506 658,307 0 0.0 % Use of Money and Property Investment Interest 18,319 3,000 11,976 15,399 12,399 413.3 % Total Revenues and Other Sources 673,264 661,307 16,482 673,706 12,399 1.9 % Expenditures by Category Transfers 200,000 200,000 100,000 200,000 0 0.0 % Operations & Maintenance 341,632 484,000 136,395 484,000 0 0.0 % Total Expenditures and Other Financing Uses 541,632 684,000 236,395 684,000 0 0.0 % Excess of Revenues Over (Under) Expenditures 131,632 (22,693)(219,913)(10,294)12,399 -54.6 % Fund Balance, Beginning of Year 391,634 523,266 523,266 Fund Balance, End of Year 523,266 500,573 512,971 Fund Description Service Level B reflects the collection of benefit assessments charged to property owners. Service Level B includes only those parcels within residential subdivisions that receive residential street lighting services. This service level includes operational, administrative, maintenance and utility costs of residential streetlights. Each year, $200,000 is transferred from this fund to the TCSD Service Level "B" Streetlight Replacement Fund (Fund 191) to accommodate these costs. City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 194 - TCSD SERVICE LEVEL "D" REFUSE/RECYCLING FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 10,437,416 10,588,128 74,814 10,588,128 0 0.0 % Recycling Program 63,832 27,553 0 27,553 0 0.0 % Use of Money and Property Investment Interest 61,480 8,000 32,119 30,067 22,067 275.8 % Intergovernmental Revenues Grants 290,059 127,037 0 127,037 0 0.0 % Total Revenues and Other Sources 10,852,787 10,750,718 106,933 10,772,785 22,067 0.2 % Expenditures by Category Salaries & Benefits 80,543 84,022 37,205 79,522 (4,500)-5.4 % Operations & Maintenance 10,407,408 11,122,080 146,389 11,122,080 0 0.0 % Total Expenditures and Other Financing Uses 10,487,951 11,206,103 183,594 11,201,603 (4,500)0.0 % Excess of Revenues Over (Under) Expenditures 364,835 (455,385)(76,661)(428,818)26,567 -5.8 % Fund Balance, Beginning of Year 580,363 945,198 945,198 Fund Balance, End of Year 945,198 489,814 516,380 Fund Description Service Level D Fund is used to collect benefit assessments charged to property owners for the purpose of providing refuse collection, recycling, and street sweeping throughout the City, which is provided by CR&R. In addition, Service Level D has received grants to increase recycling efforts Citywide. City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 195 - TCSD SERVICE LEVEL "R" STREET/ROAD MAINT FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 5,504 5,532 259 5,532 0 0.0 % Use of Money and Property Investment Interest 1,671 0 1,017 1,303 1,303 100.0 % Total Revenues and Other Sources 7,175 5,532 1,276 6,835 1,303 23.5 % Expenditures by Category Operations & Maintenance 107 10,425 0 10,425 0 0.0 % Total Expenditures and Other Financing Uses 107 10,425 0 10,425 0 0.0 % Excess of Revenues Over (Under) Expenditures 7,068 (4,893)1,276 (3,590)1,303 -26.6 % Fund Balance, Beginning of Year 33,055 40,123 40,123 Fund Balance, End of Year 40,123 35,230 36,532 Fund Description Service Level R Fund reflects the operational, administrative, construction and maintenance costs for certain unpaved roads that become inaccessible after inclement weather. Zone R-1 provides service in the Nicolas/Liefer Road area. The maximum rate that can be charged for Zone R-1 for an improved parcel is $115.26 and for an unimproved parcel is $57.62. City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 196 - TCSD SERVICE LEVEL "L" LAKE PARK MAINT. FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 254,788 256,750 0 256,750 0 0.0 % Harveston Lake Boat Revenue 2,325 0 0 0 0 0.0 % Use of Money and Property Investment Interest 16,275 4,450 9,131 11,702 7,252 163.0 % Other 176 0 0 0 0 0.0 % Miscellaneous Miscellaneous 6,405 0 3,998 5,000 5,000 100.0 % Total Revenues and Other Sources 279,969 261,200 13,129 273,452 12,252 4.7 % Expenditures by Category Salaries & Benefits 12,750 14,601 7,246 14,601 0 0.0 % Operations & Maintenance 255,195 305,400 115,935 305,400 0 0.0 % Total Expenditures and Other Financing Uses 267,945 320,001 123,180 320,001 0 0.0 % Excess of Revenues Over (Under) Expenditures 12,024 (58,801)(110,052)(46,548)12,252 -20.8 % Fund Balance, Beginning of Year 360,756 372,780 372,780 Fund Balance, End of Year 372,780 313,979 326,232 Fund Description Service Level L Fund reflects the benefit assessments charged to property owners for the purpose of maintaining the Harveston Lake Park. Expenditures include operational, administrative and maintenance costs. City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 197 - TEMECULA LIBRARY FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Printing & Copies 10,349 8,919 5,422 8,919 0 0.0 % Fines and Forfeitures Fines & Forfeitures 33,807 28,446 6,364 28,446 0 0.0 % Use of Money and Property Investment Interest 18,978 0 6,313 7,650 7,650 100.0 % Lease/Rental Income 14,754 14,620 7,111 14,620 0 0.0 % Operating Transfers In Contribution From Measure S 818,085 1,293,125 646,563 1,127,563 (165,562)-12.8 % Total Revenues and Other Sources 895,973 1,345,110 671,772 1,187,198 (157,912)-11.7 % Expenditures by Category Salaries & Benefits 226,676 251,675 141,524 262,954 11,279 4.5 % Operations & Maintenance 528,862 657,337 172,175 625,058 (32,279)-4.9 % Internal Service Fund Allocations 388,609 446,566 231,122 446,566 0 0.0 % Total Expenditures and Other Financing Uses 1,144,148 1,355,578 544,822 1,334,578 (21,000)-1.5 % Excess of Revenues Over (Under) Expenditures (248,174)(10,468)126,951 (147,380)(136,912)1,307.9 % Fund Balance, Beginning of Year 503,501 255,327 255,327 Fund Balance, End of Year 255,327 244,859 107,947 Fund Description The Library Fund is used to account for the maintenance and operations of the Ronald H. Roberts Temecula Public Library on Pauba Road. City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 198 - PUBLIC ART FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Public Art 50,383 3,500 5,924 3,500 0 0.0 % Use of Money and Property Investment Interest 12,134 2,000 7,128 9,136 7,136 356.8 % Total Revenues and Other Sources 62,517 5,500 13,051 12,636 7,136 129.7 % Expenditures by Category Operations & Maintenance 8,460 113,226 6,316 113,226 0 0.0 % Total Expenditures and Other Financing Uses 8,460 113,226 6,316 113,226 0 0.0 % Excess of Revenues Over (Under) Expenditures 54,057 (107,726)6,735 (100,590)7,136 -6.6 % Fund Balance, Beginning of Year 226,427 280,483 280,483 Fund Balance, End of Year 280,483 172,758 179,893 Fund Description This fund was established pursuant to Temecula Municipal Code Section 5.08.040, whereby the fund serves a a depository for the fees paid in lieu of art as well as monetary donations for public art. The Public Art In Lieu fee is one-tenth of one percent of an eligible development project in excess of $100,000. Eligible uses of this fund include the design, acquisition, installation, improvement, maintenance and insurance of public artwork; offering of performing arts programs on City property for the community; and art education programs on City property for the community. City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 501 - SERVICE LEVEL"C"ZONE 1 SADDLEWOOD FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 38,282 37,932 0 37,932 0 0.0 % Use of Money and Property Investment Interest 688 0 503 652 652 100.0 % Total Revenues and Other Sources 38,970 37,932 503 38,584 652 1.7 % Expenditures by Category Operations & Maintenance 32,714 37,766 13,822 37,766 0 0.0 % Total Expenditures and Other Financing Uses 32,714 37,766 13,822 37,766 0 0.0 % Excess of Revenues Over (Under) Expenditures 6,256 166 (13,318)818 652 392.7 % Fund Balance, Beginning of Year 18,201 24,456 24,456 Fund Balance, End of Year 24,456 24,622 25,274 Fund Description Service Level C Fund reflects the collection of benefit assessments charged to property owners for the purpose of providing perimeter landscaping and slope maintenance throughout the City. Service Level C assesses only those parcels within residential subdivisions receiving TCSD perimeter landscaping and slope maintenance and are separated into 32 zones. The rate levels for Zones 6 and 29, are subject to a Consumer Price Index-Urban Consumers (CPI-U) annual inflator while all other rate levels will not increase. Zones 30-32 will not be assessed, as the property owners have elected to have the landscaping maintained by the respective Homeowner's Associations (HOAs). City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 502 - SERVICE LEVEL"C"ZONE 2 WINCHESTER CREEK FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 42,696 42,542 0 42,542 0 0.0 % Use of Money and Property Investment Interest 5,808 0 3,414 4,367 4,367 100.0 % Total Revenues and Other Sources 48,503 42,542 3,414 46,909 4,367 10.3 % Expenditures by Category Operations & Maintenance 31,146 40,646 13,109 40,646 0 0.0 % Total Expenditures and Other Financing Uses 31,146 40,646 13,109 40,646 0 0.0 % Excess of Revenues Over (Under) Expenditures 17,357 1,896 (9,694)6,263 4,367 230.3 % Fund Balance, Beginning of Year 121,517 138,874 138,874 Fund Balance, End of Year 138,874 140,770 145,137 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 503 - SERVICE LEVEL"C"ZONE 3 RANCHO HIGHLANDS FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 47,111 47,328 0 47,328 0 0.0 % Use of Money and Property Investment Interest 2,976 0 1,694 2,188 2,188 100.0 % Total Revenues and Other Sources 50,087 47,328 1,694 49,516 2,188 4.6 % Expenditures by Category Operations & Maintenance 41,869 46,914 25,165 46,914 0 0.0 % Total Expenditures and Other Financing Uses 41,869 46,914 25,165 46,914 0 0.0 % Excess of Revenues Over (Under) Expenditures 8,218 414 (23,471)2,602 2,188 528.4 % Fund Balance, Beginning of Year 66,278 74,496 74,496 Fund Balance, End of Year 74,496 74,910 77,098 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 504 - SERVICE LEVEL"C"ZONE 4 THE VINEYARDS FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 6,445 6,394 0 6,394 0 0.0 % Use of Money and Property Investment Interest 315 0 151 186 186 100.0 % Total Revenues and Other Sources 6,760 6,394 151 6,580 186 2.9 % Expenditures by Category Operations & Maintenance 6,348 6,796 3,833 8,296 1,500 22.1 % Total Expenditures and Other Financing Uses 6,348 6,796 3,833 8,296 1,500 22.1 % Excess of Revenues Over (Under) Expenditures 413 (402)(3,683)(1,716)(1,314)326.9 % Fund Balance, Beginning of Year 7,084 7,497 7,497 Fund Balance, End of Year 7,497 7,095 5,780 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 505 - SERVICE LEVEL"C"ZONE 5 SIGNET SERIES FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 39,025 39,025 0 39,025 0 0.0 % Use of Money and Property Investment Interest 1,399 0 879 1,119 1,119 100.0 % Total Revenues and Other Sources 40,424 39,025 879 40,144 1,119 2.9 % Expenditures by Category Operations & Maintenance 34,545 37,326 12,676 37,326 0 0.0 % Total Expenditures and Other Financing Uses 34,545 37,326 12,676 37,326 0 0.0 % Excess of Revenues Over (Under) Expenditures 5,879 1,699 (11,796)2,818 1,119 65.9 % Fund Balance, Beginning of Year 32,278 38,157 38,157 Fund Balance, End of Year 38,157 39,856 40,975 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 506 - SERVICE LEVEL"C"ZONE 6 WOODCREST COUNTRY FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 29,923 31,452 0 31,452 0 0.0 % Use of Money and Property Investment Interest 2,105 0 1,267 1,626 1,626 100.0 % Total Revenues and Other Sources 32,027 31,452 1,267 33,078 1,626 5.2 % Expenditures by Category Operations & Maintenance 33,988 31,634 6,951 31,634 0 0.0 % Total Expenditures and Other Financing Uses 33,988 31,634 6,951 31,634 0 0.0 % Excess of Revenues Over (Under) Expenditures (1,961)(182)(5,684)1,444 1,626 -893.4 % Fund Balance, Beginning of Year 54,222 52,261 52,261 Fund Balance, End of Year 52,261 52,079 53,706 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 507 - SERVICE LEVEL"C"ZONE 7 RIDGEVIEW FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 15,219 15,308 0 15,308 0 0.0 % Use of Money and Property Investment Interest 588 0 403 520 520 100.0 % Total Revenues and Other Sources 15,807 15,308 403 15,828 520 3.4 % Expenditures by Category Operations & Maintenance 10,374 15,224 5,332 15,224 0 0.0 % Total Expenditures and Other Financing Uses 10,374 15,224 5,332 15,224 0 0.0 % Excess of Revenues Over (Under) Expenditures 5,432 84 (4,930)604 520 619.4 % Fund Balance, Beginning of Year 12,141 17,574 17,574 Fund Balance, End of Year 17,574 17,658 18,178 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 508 - SERVICE LEVEL"C"ZONE 8 VILLAGE GROVE FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 137,146 137,025 0 137,025 0 0.0 % Use of Money and Property Investment Interest 5,029 0 3,019 3,881 3,881 100.0 % Total Revenues and Other Sources 142,175 137,025 3,019 140,906 3,881 2.8 % Expenditures by Category Operations & Maintenance 135,347 137,214 48,498 137,214 0 0.0 % Total Expenditures and Other Financing Uses 135,347 137,214 48,498 137,214 0 0.0 % Excess of Revenues Over (Under) Expenditures 6,828 (189)(45,479)3,692 3,881 -2,053.5 % Fund Balance, Beginning of Year 126,392 133,220 133,220 Fund Balance, End of Year 133,220 133,031 136,912 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 509 - SERVICE LEVEL"C"ZONE 9 RANCHO SOLANA FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 5,162 5,106 0 5,106 0 0.0 % Use of Money and Property Investment Interest 1,365 0 747 949 949 100.0 % Total Revenues and Other Sources 6,527 5,106 747 6,055 949 18.6 % Expenditures by Category Operations & Maintenance 7,852 5,143 1,122 5,143 0 0.0 % Total Expenditures and Other Financing Uses 7,852 5,143 1,122 5,143 0 0.0 % Excess of Revenues Over (Under) Expenditures (1,325)(37)(375)912 949 -2,566.1 % Fund Balance, Beginning of Year 30,892 29,567 29,567 Fund Balance, End of Year 29,567 29,530 30,480 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 510 - SERVICE LEVEL"C"ZONE 10 MARTINIQUE FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 9,744 9,744 0 9,744 0 0.0 % Use of Money and Property Investment Interest 752 0 411 520 520 100.0 % Total Revenues and Other Sources 10,496 9,744 411 10,264 520 5.3 % Expenditures by Category Operations & Maintenance 9,023 9,477 3,985 9,477 0 0.0 % Total Expenditures and Other Financing Uses 9,023 9,477 3,985 9,477 0 0.0 % Excess of Revenues Over (Under) Expenditures 1,473 267 (3,574)787 520 194.8 % Fund Balance, Beginning of Year 15,873 17,347 17,347 Fund Balance, End of Year 17,347 17,614 18,134 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 511 - SERVICE LEVEL"C"ZONE 11 MEADOWVIEW FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 2,450 2,450 0 2,450 0 0.0 % Use of Money and Property Investment Interest 187 0 106 135 135 100.0 % Total Revenues and Other Sources 2,637 2,450 106 2,585 135 5.5 % Expenditures by Category Operations & Maintenance 2,125 2,495 947 2,495 0 0.0 % Total Expenditures and Other Financing Uses 2,125 2,495 947 2,495 0 0.0 % Excess of Revenues Over (Under) Expenditures 513 (45)(841)90 135 -300.3 % Fund Balance, Beginning of Year 3,986 4,499 4,499 Fund Balance, End of Year 4,499 4,454 4,589 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 512 - SERVICE LEVEL"C"ZONE 12 VINTAGE HILLS FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 96,658 96,396 0 96,396 0 0.0 % Use of Money and Property Investment Interest 3,859 0 2,228 2,885 2,885 100.0 % Total Revenues and Other Sources 100,517 96,396 2,228 99,281 2,885 3.0 % Expenditures by Category Operations & Maintenance 90,433 95,603 46,813 95,603 0 0.0 % Total Expenditures and Other Financing Uses 90,433 95,603 46,813 95,603 0 0.0 % Excess of Revenues Over (Under) Expenditures 10,085 793 (44,586)3,678 2,885 363.8 % Fund Balance, Beginning of Year 89,206 99,290 99,290 Fund Balance, End of Year 99,290 100,083 102,968 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 513 - SERVICE LEVEL"C"ZONE 13 PRESLEY DEVELOP FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 34,197 34,224 0 34,224 0 0.0 % Use of Money and Property Investment Interest 1,484 0 884 1,140 1,140 100.0 % Total Revenues and Other Sources 35,681 34,224 884 35,364 1,140 3.3 % Expenditures by Category Operations & Maintenance 30,103 33,895 13,700 33,895 0 0.0 % Total Expenditures and Other Financing Uses 30,103 33,895 13,700 33,895 0 0.0 % Excess of Revenues Over (Under) Expenditures 5,578 329 (12,817)1,469 1,140 346.4 % Fund Balance, Beginning of Year 33,933 39,511 39,511 Fund Balance, End of Year 39,511 39,840 40,980 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 514 - SERVICE LEVEL"C"ZONE 14 MORRISON HOMES FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 14,909 14,774 0 14,774 0 0.0 % Use of Money and Property Investment Interest 614 0 330 421 421 100.0 % Total Revenues and Other Sources 15,523 14,774 330 15,195 421 2.8 % Expenditures by Category Operations & Maintenance 13,815 14,770 6,411 14,770 0 0.0 % Total Expenditures and Other Financing Uses 13,815 14,770 6,411 14,770 0 0.0 % Excess of Revenues Over (Under) Expenditures 1,707 4 (6,081)425 421 10,519.5 % Fund Balance, Beginning of Year 13,263 14,970 14,970 Fund Balance, End of Year 14,970 14,974 15,395 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 515 - SERVICE LEVEL"C"ZONE 15 BARCLAY ESTATES FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 9,800 9,800 0 9,800 0 0.0 % Use of Money and Property Investment Interest 699 0 416 530 530 100.0 % Total Revenues and Other Sources 10,499 9,800 416 10,330 530 5.4 % Expenditures by Category Operations & Maintenance 8,356 9,571 2,925 9,571 0 0.0 % Total Expenditures and Other Financing Uses 8,356 9,571 2,925 9,571 0 0.0 % Excess of Revenues Over (Under) Expenditures 2,144 229 (2,509)759 530 231.6 % Fund Balance, Beginning of Year 15,065 17,209 17,209 Fund Balance, End of Year 17,209 17,438 17,968 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 516 - SERVICE LEVEL"C"ZONE 16 TRADEWINDS FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 38,034 37,800 0 37,800 0 0.0 % Use of Money and Property Investment Interest 4,025 0 2,305 2,971 2,971 100.0 % Total Revenues and Other Sources 42,059 37,800 2,305 40,771 2,971 7.9 % Expenditures by Category Operations & Maintenance 30,137 37,152 21,091 37,152 0 0.0 % Total Expenditures and Other Financing Uses 30,137 37,152 21,091 37,152 0 0.0 % Excess of Revenues Over (Under) Expenditures 11,923 648 (18,785)3,619 2,971 458.5 % Fund Balance, Beginning of Year 84,692 96,615 96,615 Fund Balance, End of Year 96,615 97,263 100,233 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 517 - SERVICE LEVEL"C"ZONE 17 MONTE VISTA FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 2,171 2,116 0 2,116 0 0.0 % Use of Money and Property Investment Interest 132 0 78 100 100 100.0 % Total Revenues and Other Sources 2,303 2,116 78 2,216 100 4.7 % Expenditures by Category Operations & Maintenance 2,037 2,561 718 2,561 0 0.0 % Total Expenditures and Other Financing Uses 2,037 2,561 718 2,561 0 0.0 % Excess of Revenues Over (Under) Expenditures 265 (445)(640)(345)100 -22.6 % Fund Balance, Beginning of Year 3,050 3,315 3,315 Fund Balance, End of Year 3,315 2,870 2,970 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 518 - SERVICE LEVEL"C"ZONE 18 TEMEKU HILLS FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 94,298 94,010 0 94,010 0 0.0 % Use of Money and Property Investment Interest 3,570 0 2,230 2,851 2,851 100.0 % Total Revenues and Other Sources 97,867 94,010 2,230 96,861 2,851 3.0 % Expenditures by Category Operations & Maintenance 75,377 89,405 28,835 89,405 0 0.0 % Total Expenditures and Other Financing Uses 75,377 89,405 28,835 89,405 0 0.0 % Excess of Revenues Over (Under) Expenditures 22,490 4,605 (26,605)7,456 2,851 61.9 % Fund Balance, Beginning of Year 74,795 97,285 97,285 Fund Balance, End of Year 97,285 101,890 104,741 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 519 - SERVICE LEVEL"C"ZONE 19 CHANTEMAR FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 54,703 54,450 0 54,450 0 0.0 % Use of Money and Property Investment Interest 3,843 0 2,201 2,826 2,826 100.0 % Total Revenues and Other Sources 58,546 54,450 2,201 57,276 2,826 5.2 % Expenditures by Category Operations & Maintenance 47,637 58,752 22,594 58,752 0 0.0 % Total Expenditures and Other Financing Uses 47,637 58,752 22,594 58,752 0 0.0 % Excess of Revenues Over (Under) Expenditures 10,909 (4,302)(20,393)(1,476)2,826 -65.7 % Fund Balance, Beginning of Year 83,912 94,821 94,821 Fund Balance, End of Year 94,821 90,519 93,345 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 520 - SERVICE LEVEL"C"ZONE 20 CROWNE HILL FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 177,692 177,975 0 177,975 0 0.0 % Use of Money and Property Investment Interest 12,759 0 7,509 9,595 9,595 100.0 % Total Revenues and Other Sources 190,451 177,975 7,509 187,570 9,595 5.4 % Expenditures by Category Operations & Maintenance 152,424 178,056 53,330 178,056 0 0.0 % Total Expenditures and Other Financing Uses 152,424 178,056 53,330 178,056 0 0.0 % Excess of Revenues Over (Under) Expenditures 38,027 (81)(45,821)9,514 9,595 -11,846.0 % Fund Balance, Beginning of Year 275,202 313,229 313,229 Fund Balance, End of Year 313,229 313,148 322,743 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 521 - SERVICE LEVEL"C"ZONE 21 VAIL RANCH FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 228,618 228,201 0 228,201 0 0.0 % Use of Money and Property Investment Interest 8,680 0 5,097 6,522 6,522 100.0 % Total Revenues and Other Sources 237,298 228,201 5,097 234,723 6,522 2.9 % Expenditures by Category Operations & Maintenance 215,450 229,693 77,754 229,693 0 0.0 % Total Expenditures and Other Financing Uses 215,450 229,693 77,754 229,693 0 0.0 % Excess of Revenues Over (Under) Expenditures 21,848 (1,492)(72,657)5,030 6,522 -437.1 % Fund Balance, Beginning of Year 201,451 223,299 223,299 Fund Balance, End of Year 223,299 221,807 228,329 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 522 - SERVICE LEVEL"C"ZONE 22 SUTTON PLACE FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 4,408 4,408 0 4,408 0 0.0 % Use of Money and Property Investment Interest 577 0 337 431 431 100.0 % Total Revenues and Other Sources 4,985 4,408 337 4,839 431 9.8 % Expenditures by Category Operations & Maintenance 3,454 4,479 1,583 4,479 0 0.0 % Total Expenditures and Other Financing Uses 3,454 4,479 1,583 4,479 0 0.0 % Excess of Revenues Over (Under) Expenditures 1,531 (71)(1,246)360 431 -607.2 % Fund Balance, Beginning of Year 12,304 13,835 13,835 Fund Balance, End of Year 13,835 13,764 14,195 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 523 - SERVICE LEVEL"C"ZONE 23 PHEASENT RUN Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 8,392 8,400 0 8,400 0 0.0 % Use of Money and Property Investment Interest 1,428 0 830 1,064 1,064 100.0 % Total Revenues and Other Sources 9,820 8,400 830 9,464 1,064 12.7 % Expenditures by Category Operations & Maintenance 5,873 8,506 1,925 8,506 0 0.0 % Total Expenditures and Other Financing Uses 5,873 8,506 1,925 8,506 0 0.0 % Excess of Revenues Over (Under) Expenditures 3,947 (106)(1,095)958 1,064 -1,003.4 % Fund Balance, Beginning of Year 29,537 33,484 33,484 Fund Balance, End of Year 33,484 33,378 34,442 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 524 - SERVICE LEVEL"C"ZONE 24 HARVESTON FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 162,633 162,100 0 162,100 0 0.0 % Use of Money and Property Investment Interest 2,364 0 1,081 1,229 1,229 100.0 % Total Revenues and Other Sources 164,997 162,100 1,081 163,329 1,229 0.8 % Expenditures by Category Operations & Maintenance 157,499 162,156 78,807 162,156 0 0.0 % Total Expenditures and Other Financing Uses 157,499 162,156 78,807 162,156 0 0.0 % Excess of Revenues Over (Under) Expenditures 7,499 (56)(77,725)1,173 1,229 -2,195.0 % Fund Balance, Beginning of Year 66,809 74,307 74,307 Fund Balance, End of Year 74,307 74,251 75,480 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 525 - SERVICE LEVEL"C"ZONE 25 SERENA HILLS FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 44,323 44,000 0 44,000 0 0.0 % Use of Money and Property Investment Interest 3,832 0 2,267 2,893 2,893 100.0 % Total Revenues and Other Sources 48,155 44,000 2,267 46,893 2,893 6.6 % Expenditures by Category Operations & Maintenance 34,406 44,535 13,232 44,535 0 0.0 % Total Expenditures and Other Financing Uses 34,406 44,535 13,232 44,535 0 0.0 % Excess of Revenues Over (Under) Expenditures 13,749 (535)(10,965)2,358 2,893 -540.7 % Fund Balance, Beginning of Year 79,467 93,216 93,216 Fund Balance, End of Year 93,216 92,681 95,574 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 526 - SERVICE LEVEL"C"ZONE 26 GALLERY TRADITION FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 2,160 2,160 0 2,160 0 0.0 % Use of Money and Property Investment Interest 120 0 71 91 91 100.0 % Total Revenues and Other Sources 2,280 2,160 71 2,251 91 4.2 % Expenditures by Category Operations & Maintenance 1,748 2,170 986 2,170 0 0.0 % Total Expenditures and Other Financing Uses 1,748 2,170 986 2,170 0 0.0 % Excess of Revenues Over (Under) Expenditures 532 (10)(915)81 91 -912.6 % Fund Balance, Beginning of Year 2,561 3,093 3,093 Fund Balance, End of Year 3,093 3,083 3,174 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 527 - SERVICE LEVEL"C"ZONE 27 AVONDALE FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 9,323 9,100 0 9,100 0 0.0 % Use of Money and Property Investment Interest 500 0 288 367 367 100.0 % Total Revenues and Other Sources 9,823 9,100 288 9,467 367 4.0 % Expenditures by Category Operations & Maintenance 8,260 9,212 4,064 9,212 0 0.0 % Total Expenditures and Other Financing Uses 8,260 9,212 4,064 9,212 0 0.0 % Excess of Revenues Over (Under) Expenditures 1,563 (112)(3,776)255 367 -327.6 % Fund Balance, Beginning of Year 11,183 12,745 12,745 Fund Balance, End of Year 12,745 12,633 13,000 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 528 - SERVICE LEVEL"C"ZONE 28 WOLF CREEK FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 234,022 232,974 0 232,974 0 0.0 % Use of Money and Property Investment Interest 20,819 0 6,803 7,562 7,562 100.0 % Other 322,833 0 0 0 0 0.0 % Total Revenues and Other Sources 577,674 232,974 6,803 240,536 7,562 3.2 % Expenditures by Category Transfers 411,891 39,809 0 39,809 0 0.0 % Operations & Maintenance 212,152 237,459 88,446 237,459 0 0.0 % Total Expenditures and Other Financing Uses 624,043 277,268 88,446 277,268 0 0.0 % Excess of Revenues Over (Under) Expenditures (46,369)(44,294)(81,643)(36,732)7,562 -17.1 % Fund Balance, Beginning of Year 310,797 264,428 264,428 Fund Balance, End of Year 264,428 220,135 227,696 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 529 - SERVICE LEVEL"C"ZONE 29 GALLERY PORTRAIT FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Licenses, Permits and Service Charges Assessments 4,475 4,903 0 4,903 0 0.0 % Use of Money and Property Investment Interest 475 0 301 385 385 100.0 % Total Revenues and Other Sources 4,949 4,903 301 5,288 385 7.9 % Expenditures by Category Operations & Maintenance 2,325 3,974 953 3,974 0 0.0 % Total Expenditures and Other Financing Uses 2,325 3,974 953 3,974 0 0.0 % Excess of Revenues Over (Under) Expenditures 2,624 929 (652)1,314 385 41.5 % Fund Balance, Beginning of Year 9,562 12,186 12,186 Fund Balance, End of Year 12,186 13,115 13,501 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report FUND: 530 - SERVICE LEVEL"C"ZONE 30 FUTURE ZONES FUND Description 2023-24 Actuals 2024-25 Current Budget Year to Date Actuals 12-31-2024 2024-25 Q2 Revised Budget Requested Adjustments % Change from Current Budget Revenues by Source Use of Money and Property Investment Interest 0 0 922 1,177 1,177 100.0 % Total Revenues and Other Sources 0 0 922 1,177 1,177 100.0 % Excess of Revenues Over (Under) Expenditures 0 0 922 1,177 1,177 100.0 % Fund Balance, Beginning of Year 36,062 36,062 36,062 Fund Balance, End of Year 36,062 36,062 37,239 Fund Description City of Temecula Fiscal Year 2024-25 Quarterly Budget Report