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File Number: 24-145 in the same period last year. Higher revenues were recorded for Engineering Services (+$58,000). Lower revenues were recorded for Recreation -Day Camps (-$57,000) and combined aquatic programs (-$46,000) with the temporary closure of the Family Aquatic Center, while overall Recreation program revenue increased by $120,000. ·Interest & Property Income- (received 64% of the anticipated budget compared to 33% in 2022-2023). The 2023-2024 Interest & Property Income revenue budget is at the 2022-2023 level. Actual revenue at mid-year is $1,646,000, $796,000 higher than last year. Interest Income revenue recorded in 2023-2024 is $1,224,000, compared to $417,000 in 2022-2023. Higher revenue results from both a larger investment portfolio and higher interest rates in 2023-2024. ·Intergovernmental- (received 77% of the anticipated budget compared to -6% in 2022-2023). Intergovernmental revenue recorded through December 31 amounts to $642,000. The City received Homeless Housing, Assistance, and Prevention (HHAP) grant revenue ($238,000) from the Alameda County Health Care Services Department related to operating expenses at local homeless shelters. Annual EMS Assessment revenue recorded in 2023-2024 amounted to $397,000. ·License & Permits- (received 49% of anticipated budget compared to 61% in 2022- 2023). Building Permit revenues recorded through December 31 amount to $1,869,000. Revenue in the same period last fiscal year was $2,325,000. This decrease in building permit (Building, Mechanical, Electrical, and Plumbing permits) revenue reflects the total change in Licenses & Permit revenue. ·Others/Transfers- (received 838% of the anticipated budget compared to 83% in 2022-2023). Reimbursements revenue recorded at mid -year amounted to $2,556,000. The California Department of Housing and Community Development reimbursed the City through the Homekey effort for acquisition of the Nimitz Hotel property. As reported in the attached Mid -Year Financial Report, all other taxes and revenue receipts are relatively in line with budgeted revenues. General Fund Expenditures ·General Fund, Total Expenditures- (38% of budget compared to 33% in 2022- 2023). Mid-year expenditures were $6,852,000, 38% of the budget of $150,775,000. Expenditures by all departments remain less than one -half of their budget appropriation, although all higher than at mid -year in 2022-2023 (except Police). Over the past five years, an average of 40% of the annual budget appropriation has been expended by December 31. Enterprise, Internal Service Funds, and Parking Fund The City's business-type operations are made up of four Enterprise Funds. The Water Pollution Control Plant Fund, the Environmental Services Fund, the Shoreline Enterprise Fund, and the Storm Water Fund are City municipal operations designed to fully recover costs through user fees. Internal Service Funds also operate as business activities, exclusively supporting the City's internal operations. Facilities Maintenance, Information Technology, Insurance Services, and Equipment Maintenance comprise the Internal Service Funds. Page 3 City of San Leandro Printed on 4/19/2024