1. Mid-Year Financial Review Fiscal Year 2015-2016
City of Menifee
Mid-Year Financial Review
Fiscal Year

2. City Wide Revenues Budgeted $43,147,083 FY 2015/16

3. General Fund Revenues $30,785,808
Original
Mid-Year
Revised
YTD
Budget
Adjustments
Actual %
Property Tax
$ ,601,000
$ ,601,000
$ ,181,599
58%
Sales Tax
6,406,000
594,000
$ ,000,000
2,029,434
29%
Franchise Fees
3,500,000
$ ,500,000
804,314
23%
Building Permitting Fees
5,000,000
475,000
$ ,475,000
3,714,122
68%
County Augmentation
1,021,342
$ ,021,342 0%
Parks & Recreation
213,600
$ ,600
105,729
49%
Other Revenues
2,912,366
62,500
$ ,974,866
1,064,846
36%
Total
$ ,654,308
$ 1,131,500
$ ,785,808
$ ,900,044
45%
YTD Actual based on the first 7 months of FY

4. Building Permits Issued
Number of Permits
% Growth/Decline
Revenues
FY 2009/10
1684
$ 2,022,654
FY 2010/11
1852
10.0%
$ 2,119,315
FY 2011/12
1324
-28.5%
$ 1,739,944
FY 2012/13
2807
112.0%
$ 2,541,969
FY 2013/14
3180
13.3%
$ 6,283,373
FY 2014/15
2969
-6.6%
$ 5,746,903
FY 2015/16
2264
$ 3,741,122

5. Number of Building Permits
Permits Issued , , , , , , ,264

6. General Fund Expenditures $30,937,943

7. General Fund Expenditures FY 2015/2016
Original
Mid-Year
Revised
YTD
Budget
Adjustment
Actual %
Police
10,770,641
*660,000
11,430,641
3,819,499
33%
Fire
8,245,495
*85,273
8,330,768
2,023,253
24%
City Council
155,959
20,177
176,136
71,396
41%
City Manager
491,760
17,759
509,519
275,995
54%
City Attorney
335,058
205,185
61%
City Clerk
325,633
4,131
329,764
211,169
64%
Emergency Services
17,042
24,344
41,386
27,509
66%
Administrative Services
496,440
36,654
533,094
289,416
Finance
723,096
10,814
733,910
412,584
56%
Non Departmental
1,028,861
41,770
1,070,631
806,839
75%
* Reduction to Balance Budget with Agreement to Replace at Mid-Year or Service Reduction

8. General Fund Expenditures FY 2015/2016
Original
Mid-Year
Revised
YTD
Budget
Adjustment
Actual %
Planning
1,263,105
23,120
1,286,225
588,662
46%
Building & Safety
986,391
63,291
1,049,682
572,686
55%
Code Enforcement
550,449
11,775
562,224
289,634
52%
Economic Development
482,648
1,242
483,890
257,801
53%
Animal Control
449,054
38,000
487,054
208,520
43%
Public Works Administration
514,439
15,283
529,722
276,474
Engineering
1,972,659
33,017
2,005,676
806,644
40%
NPDES
265,000
40,000
305,000
98,807
32%
Community Services
732,713
4,850
737,563
390,625
Total
$ ,806,443
$ 1,131,500
$ ,937,943
$ ,632,698
38%

9. Gas Tax Fund FY 2015/16 Original Mid-Year Revised YTD Budget
Adjustment
Actual %
Gas Tax Revenues
$ ,024,232
$ (116,820)
$ ,907,412
$ ,815
50%
Salaries & Wages
389,223
181,988
47%
Street Maintenance
849,896
183,698
22%
Street Lighting
20,000
10,947
55%
Traffic Signal Maintenance
200,000
48,827
24%
Transfer to General Fund
156,436
91,254
58%
Capital Projects
783,377
576,157
74%
Total Expenditures
2,398,932 -
1,092,871
46%
Net Surplus (Deficit)
$ (374,700)
$ (491,520)
$ (140,056)
YTD Actual based on the first 7 months of FY

10. Summary of Mid-Year Adjustments
Increase Sales Tax $594,000 (General Fund)
Increase Building Permit Revenues $475,000 (General Fund)
Increase Misc. General Fund Revenues $62,500
Summary Project Total General Fund Revenues Increase $1,131,500
Increase Total General Fund Expenditures $1,131,500
$660,000 Police Services, $85,273 Fire Services & $386,227 for general Governmental operations
$19.8 Million or 64% for Public Safety & 36% for general Governmental operations.

11. Summary of Mid-Year Adjustments (continued)
Decrease Gas Tax Revenues $116, % reduction in revenues
Increase Revenues for LLMD Funds by $7,000 and Increase appropriations in LLMD by $39,000
Increase appropriations in CSA 80 by $40,000 for street lighting
Increase appropriations in Public Facility DIF by $50,351.