The URL can be used to link to this page

Home My WebLink About _ 9.10(b)--Consider the City of Redding General Fund Quarterly Financial Report GI �" Y C� F � � �- ' � ° � � i � CITY OF REDDING �� REPORT TO THE CITY COUNCIL MEETING DATE: May 19, 2026 FROM: Greg Robinett, Director of ITEM NO. 9.10(b) Finance/City Treasurer ***APPROVED BY*** � �� .� 5 � #� � �� t�.�T c3 a t,I)� � tt�r $'int�nceJCattir��'ic�surcr-.. 5;`#fi2�)ZG ��j��'�r�30X��',�,"��.133�CI µ,.: 5,��.��7 grobinett@cityofredding.org wtarbox@cityofredding.gov SUBJECT: 9.10(b)--Consider the City of Redding (City) General Fund Quarterly Financial Report for the uarter ended March 2026. Recommendation Accept the City's General Fund Quarterly Financial Report for the quarter ended March 31, 2026. Fiscal Impact There is no �scal impact by accepting the Quarterly General Fund Financial Report(Report). AZteNnative Action The City Council (Council) could choose to reject the Report and request additional or different information. Background/Analysis The attached Report provides the detailed reports REVENUES Overview General Fund revenue as of March 31, 2026, totals $78,471,693, which is $7,234,260 or 8.44 percent below staff's cash flow projection. Note, the predominant reason that the Gen�ral Fund revenue is below the current projection is due to timing issues with transfers of Gas Tax to reimburse the General Fund for Streets �xpenditures. Details for the General Fund tax revenues are provided below: Report to Redding City Council May 14,2026 Re: 9.10(b)--Consider the City of Redding Generat Fund Quarterly Financial Report Page 2 Sales Tax Sales tax revenue through March 31, 2026, totals $22,830,084, which is $161,916 or .71 percent above staff's amended cash flow estimate of $22,668,168. Staff is not recominending any changes at this time. Property Tax Property tax revenue through March 31, 2026, totals $17,435,853, which is $138,837 or .8 percent above staff's amended cash flow estimate of $17,297,016. Staff is not recommending any changes at this time. Transient Occupancy Tax Transient Occupancy tax revenue through March 31, 2026, totals $5,598,136, which is $28,014 or .5 percent above staff's amended cash flow estimate of$5,5'70,122. Staff is not recommending any changes at this time. Cannabis Tax Cannabis tax revenue through March 31, 2026, totals $1,294,200, which is $26,055 or 1.97 percent below staff's amended cash flow estimate of$1,320,255. Staff is not recommending any changes at this time. Other Taxes Other taxes (Business License Tax, Rea1 Property Transfer Tax and Franchise Tax) revenue through March 31, 2026 totals $1,580,023, which is $19,808 or 1.3 percent above staff's amended cash flow estimate of$1,560,215. Staff is not recommending any changes at this time. Licenses & Permits Revenues from licenses and permits through March 31, 2026, totals $1,693,707, which is $327,846 or 16.22 percent below staff's amended cash flow estimate of$2,021,553. Staff is not recommending any changes at this time. Fines & Penalties Revenues from fines and penalties through March 31, 2026, totals $2,093,875, which is $1,333,744 or 175.46 percent above staff's amended cash flow estimate of$760,131. Staff is not recommending any changes at this time. Transfers and Internal Departments Revenues from transfers and internal departments through March 31, 2026, totals $15,421,795, which is $7,776,551 or 33.52 percent below staff's amended cash flow estimate of$23,198,346. This is largely due to the timing differences created by Streets funding. There are two primary factors to the timing differences - the rate at which Streets budget is expended and when the revenue transfer is performed. Effectiv�ly by year end the transfer of available Gas Tax funding will be in alignment with the actual expenditures incurred by Streets net of any General Fund required funding. Staff is not recommending any changes at this time. Report to Redding City Council May 14,2026 Re: 9.10(b)--Consider the City of Redding Generat Fund Quarterly Financial Report Page 3 Revenue from Other Governmental Agencies Revenues from other governmental agencies through March 31, 2026, totals $4,884,280, which is $173,585 or 3.63 percent below staff's amended cash flow estimate of$5,057,865. Staff is not recommending any changes at this time. Other Revenues Other revenues through March 31, 2025 totals $1,986,934, which is $237,649 or 13.59 percent above staff's amended cash flow estimate of$1,749,285. Staff is not recommending any changes at this time. Charges for Current Services Charges for current services revenue through March 31, 2026, totals $2,864,165, which is $1,020,325 or 26.27 percent below staff's amended cash flow estimate of$3,884,490. Staff is not recommending any changes at this time. Revenue from the Use of Money & Property Revenue from the Use of Money & Property through March 31, 2026, totals $788,640, which is $170,133 or 27.51 percent above staff's amended cash flow estimate of $618,507. Staff is not recommending any changes at this time. EXPENDITURES Overview General Fund appropriations through March 31, 2026, total $121,555,844, which is an increase of$11,745,079, or 10.7 percent, since the budget was adopted by the City Council on June 17, 2025. Of this increase, $10,528,070 is from carryover from the prior year (primarily relating to grants and projects). The City has expended $86,710,953 from the General Fund through March 31, 2026. This level of expenditure represents 71.3 percent of total appropriations and is $4,859,105 or 5.3 percent below staff's cash flow estimate of$91,570,059 through March 31, 2026. The following section provides a more detailed analysis of expenditure consumption by each major department or functional area. Consumption includes encumbrances that have been incurred. This means that a budget could be at a higher pace than 50 percent as a result due to contracts placed against the budget. Police The Police Department's budget, totals $44,177,487, or 36.3 percent of total General Fund appropriations. The Police Department has consumed $33,040,692 or 74.8 percent of its budget, as of March 31, 2026. Report to Redding City Council May 14,2026 Re: 9.10(b)--Consider the City of Redding Generat Fund Quarterly Financial Report Page 4 Fire The Fire Department's budget totals $28,670,928, or 23.6 percent of total General Fund appropriations. The Fire Department has consumed $23,080,795 or 80.5 percent of its budget, through March 31, 2026. Public Works The Public Works Department's General Fund budget (Public Works Engineering, Transportation and Engineering, and Streets) totals $21,693,091 or 18.1 percent of total General Fund appropriations. The Public Works Department has consumed $11,023,664 or 50.8 percent of its budget, through March 31, 2026. Development Services The Development Services Department's General Fund budget (Planning, Building, Permit Center, and Engineering & Design) totals $6,531,045 or 5.4 percent of total General Fund appropriations. The Department has consumed $4,332,843 or 66.3 percent of its budget, through March 31, 2026. Community Services The Community Services Department's General Fund budget(Recreation, Parks and Community Services Administration) totals $8,976,108, or 7.4 percent of total General Fund appropriations. The department has consumed$6,324,026 or 70.5 percent of its budget, through March 31, 2026. Non-Departmental/Debt Service The budgets for the Non-Departmental, Animal Regulation and Debt Service divisions total $4,350,760, or 3.6 percent of total General Fund appropriations. These departments and divisions have consumed $3,602,360 or 82.8 percent of their budgets, through March 31, 2026. General Government The current budgets for general government departments and divisions (i.e., City Council, City Clerk, City Treasurer, City Manager, City Attorney, Finance, Purchasing, and Personnel) total $7,156,425, or 5.9 percent of total General Fund appropriations. These departments and divisions have consumed$5,873,196 or 821 percent of their budgets, through March 31, 2026. General Fund Reserves As of March 31, 2025, the General Fund cash balance was $261,398 or 0.2 percent. At year end, the ten-year plan projects the reserve to be 9.2 percent. Future years of the attached 10-Year Plan show a steadily worsening finaneial position, assuming no changes to future expenditures. At the direction of the City Manager, the City has implemented the following measures: citywide efficiency study and interim cost control measures, including expenditure freeze except for mission-critieal items; an overtime freeze, exeept for mission-critieal overtime; and a hiring freeze, except for mission-critical positions. Report to Redding City Council May 14,2026 Re: 9.10(b)--Consider the City of Redding Generat Fund Quarterly Financial Report Page 5 The citywide efficiency study has already identified some potential savings from stale encumbrances and capital projects. Staff is working to validate the potential savings, stale encumbrances, capital projects and interim cost control measures, and will return to Council as soon as the alnounts are confirmed to realize the confirmed savings in the appropriate Fiscal Year. General Fund Overtime The City's General Fund overtime expense totals $3,'732,904 through March 31, 2026. This is $1,059,9044 above staff's cash flow estimate of $2,673,000. The expenditures year-to-date compared to the year-to-date budget are listed below, of which, the four largest overtime budgets are Fire, Police, Parks, and Streets: • The Fire Departinent had overtime expenses through March 31, 2026, of $2,308,396 compared to a total overtime budget of$2,020,000; • The Police Department had overtime expenses through March 31, 2025, of $1,250,576 compared to a total overtime budget of$1,469,000; • The Community Services Department had overtime expenses through March 31, 2025, of $114,101 compared to a total overtime budget of$0; • The Public Works Department had overtime expenses through March 31, 2025, of $55,83� compared to a total overtime budget of$'75,000; and • All other General Fund Departments had overtime expenses through March 31, 2024, of $3,995 compared to an overtime budget of$0. Although some of the aforementioned expenses are either over budget or nearly over budget, there are no additional budget requests at this time. Each department has adequate savings in areas such as personnel charges and/or additional cross charges to other City departments, to offset the excess costs. Envit�onmental Review This is not a project defined under the California Environmental Quality Act, and no further action is required. Council Pr�iority/City Manager Goals • Budget and Financial Management—"Achieve balanced and stable Ten-Year Financial Plans for all funds." � Communication and Transparency — "Improve the quality of communication with the public and City employees to enhance knowledge and increase transparency to improve public trust." Attachments Budget Report Third Quarter FY 2026 (through March 2026) Year End Budget Report Section One Actual Revenues Compared to Cash Flow Estimates Year to Date Actual Revenue Compared to Cash Flow Estimates Year To Date City of Redding-General Fund March 2026 YTD Projection Actual Over(Under) % GENERAL FUND TAXES Property Taxes 17,297,016 17,435,853 138,837 100.80% Sales Tax 22,668,168 22,830,084 161,916 100.71% TransientOccupancyTax 5,570,122 5,598,136 28,014 100.50% Franchise Tax 547,715 520,019 (27,696) 94.94% Business License Tax 675,000 722,111 47,111 106.98% Real PropertyTransferTax 337,500 337,893 393 100.12% Cannabis Tax 1,320,255 1,294,200 (26,055) 98.03% TOTAL TAXES 48,415,776 48,738,297 322,521 100.67% LICENSES AND PERMITS Animal Licenses 37,503 21,814 (15,689) 58.17% Building Permits 1,425,123 926,758 (498,365) 65.03% Engineering Encroachment Permits 74,997 78,908 3,911 105.22% Electricai Permits 213,075 192,004 (21,071) 90.11% Transportation Permits 8,802 7,568 (1,234) 85.98% Plumbing Permits 99,324 62,862 (36,462) 63.29% Mechanical Permits 162,729 220,517 57,788 135.51% Engineering Grading Permits - 183,276 183,276 * TOTA��ICENSES AND PERMITS 2,021,553 1,693,707 (327,846) 83.78% FINES AND PENA�TIES Traffic Safety Fines 572,184 782,322 210,138 136.73% Code Enforcement Fines 120,447 1,197,456 1,077,009 994.18% Other Fines&Fees 67,500 96,731 29,231 143.30% Criminal Fines - 17,366 17,366 * TOTAL FINES AND PENALTIES 760,131 2,093,875 1,333,744 275.46% TRANSFERS AND INTERNA�DEPARTMENTS Charges to Other Departments 5,491,755 5,476,875 (14,880) 99J3% Property In Lieu of Tax 4,497,453 4,497,450 (3) 100.00% Internal Advances/�oans (54,000) (74,776) (20,776) 138.47% Fund Transfers From 14,366,138 6,475,470 (7,890,668) 45.07% Fund Transfers To (1,103,000) (953,224) 149,776 86.42% TOTA�TRANSFERS AND INTERNAL 23,198,346 15,421,795 (7,776,551) 66.48% REVENUE FROM OTHER GOVERNMENTAL AGENCIES Federal Grant Operating 1,550,043 - (1,550,043) 0.00% State Grant Operating - 17,747 17,747 * State Non-Grant Funding 348,741 588,929 240,188 168.87% County Non-Grant Funding - 36,734 36,734 * Other 6overnment 6rant Operating 3,159,081 4,240,871 1,081,790 134.24% TOTAL REVENUE FROM OTHER 60VT 5,057,865 4,884,280 (173,585) 96.57% OTHER REVENUES �ate Fees 1,275,003 1,332,355 57,352 104.50% Contributions 84,375 257,283 172,908 304.93% Miscellaneous Receipts 153,657 54,792 (98,865) 35.66% Reimbursements 236,250 342,504 106,254 144.98% TOTA�OTHER REVENUE 1,749,285 1,986,934 237,649 113.59% Actual Revenue Compared to Cash Flow Estimates Year To Date City of Redding-General Fund March 2026 YTD Projection Actual Over(Under) % CHARGES FOR CURRENT SERVICES Planning Permits-Subdivisions 367,416 278,076 (89,340) 75.68% Building Plan-Recording Fees 20,412 13,076 (7,336) 64.06% Pian Check Fees 659,799 577,220 (82,579) 87.48% Engineering Land Development Fees 472,500 - (472,500) 0.00% Technology Surcharge 200,898 139,504 (61,394) 69.44% Cannabis App/Permit Fees 600,003 522,922 (77,081) 87.15% Animal Shelter Fees 4,500 3,429 (1,071) 76.20% Inspection Fees 2,628 2,793 165 106.28% Fingerprint Fees 4,419 5,893 1,474 13336% Fire Permits&Fees 91,503 56,581 (34,922) 61.84% DUI Emergency Response 56,250 56,909 659 101.17% Swimming Pool Receipts 78,840 34,288 (44,552) 43.49% RAC Swim Shop/Rental 17,415 19,637 2,222 112.76% RAC Admission 107,046 61,249 (45,798) 57.22% RAC Swim Team 5,571 12,995 7,424 233.26% Swimming Pool Concessions 43,506 29,357 (14,149) 67.48% Other Charges and Fees 693,477 1,319,302 625,825 190.24% Recreation Sports 533,529 431,408 (102,121) 80.86% Bad Debt Write-Off (75,222) (700,473) (625,251) 931.21% TOTAL CHARGES FOR CURRENT SERVICES 3,884,490 2,864,165 (1,020,325) 73J3% REVENUE FROM THE USE OF MONEY&PROPERTY Property Rentals 543,510 922,940 379,430 169.81% Investment Income 74,997 (134,300) (209,297) -179.07% TOTA�REVENUE-USE OF MONEY&PROPERTY 618,507 788,640 170,133 127.51% TOTAL GENERAL FUND 85,705,953 78,471,693 (7,234,260) 91.56% Year End Budget Report Section Two Actual Revenue Compared to Total Budget Forecast Actual Revenue Compared to Total Budget Forecast City of Redding-General Fund March 2026 Amended Bud�et Actual Over(Under) % GENERA�FUND TAXES Property Taxes 30,644,000 17,435,853 (13,208,147) 56.90% Sales Tax 29,648,000 22,830,084 (6,817,916) 77.00% Transient Occupancy Tax 7,334,000 5,598,136 (1,735,864) 76.33% Franchise Tax 1,136,000 520,019 (615,981) 45.78% Business License Tax 900,000 722,111 (177,889) 80.23% Real Property Transfer Tax 450,000 337,893 (112,107) 75.09% Cannabis Tax 1,778,790 1,294,200 (484,590) 72J6% TOTA�TAXES 71,890,790 48,738,297 (23,152,493) 67.79% LICENSES AND PERMITS Animal Licenses 50,000 21,814 (28,186) 43.63% Building Permits 1,900,160 926,758 (973,402) 48.77% Engineering Encroachment Permits 100,000 78,908 (21,092) 78.91% Electrical Permits 284,100 192,004 (92,096) 67.58% Transportation Permits 11,740 7,568 (4,172) 64.46% Plumbing Permits 132,430 62,862 (69,568) 47.47% Mechanical Permits 216,970 220,517 3,547 101.63% Engineering Grading Permits 183,276 183,276 * TOTAL LICENSES AND PERMITS 2,695,400 1,693,707 (1,001,693) 62.84% FINES AND PENA�TIES Traffic Safety Fines 520,620 782,322 261,702 150.27% Code Enforcement Fines 160,600 1,197,456 1,036,856 745.61% Other Fines&Fees 90,000 96,731 6,731 107.48% Criminal Fines 20,000 17,366 (2,634) 86.83% TOTA�FINES AND PENALTIES 791,220 2,093,875 1,302,655 264.64% TRANSFERS AND INTERNA�DEPARTMENTS Charges to Other Departments 7,322,340 5,476,875 (1,845,465) 74.80% Property In Lieu of Tax 5,996,600 4,497,450 (1,499,150) 75.00% Internal Advances/Loans (72,000) (74,776j (2,776) 103.86% Fund Transfers From 19,154,850 6,475,470 (12,679,380) 33.81% Fund Transfers To (2,945,820) (953,224j 1,992,596 32.36% TOTA�TRANSFERSANDINTERNAL 29,455,970 15,421,795 (14,034,175) 52.36% REVENUE FROM OTHER GOVERNMENTAL AGENCIES Federal Grant Operating 2,066,720 - (2,066,720) 0.00% State Non-Grant Funding 465,000 588,929 123,929 126.65% County Non-Grant Funding - 36,734 36,734 * Other Government Grant Operating - 4,240,871 4,240,871 * Other Government Non-Grant Funding 962,120 - (962,120) 0.00% TOTA�REVENUE FROM OTHER GOVT 3,493,840 4,884,280 1,390,440 139.80% Actual Revenue Compared to Total Budget Forecast City of Redding-General Fund March 2026 Amended Bud�et Actual Over(Under) % OTHER REVENUES Late Fees 1,700,000 1,332,355 (367,645) 78.37% Contributions 112,500 257,283 144,783 228.70% Miscellaneous Receipts 204,890 54,792 (150,098) 26J4% Reimbursements 315,000 342,504 27,504 108.73% TOTAL OTHER REVENUE 2,332,390 1,986,934 (345,456) 85.19% CHARGES FOR CURRENT SERVICES Planning Permits-Subdivisions 489,890 278,076 (211,814) 56.76% Building Plan-Recording Fees 27,220 13,076 (14,144) 48.04% Plan Check Fees 879,730 577,220 (302,510) 65.61% Engineering Land Development Fees 630,000 - (630,000) 0.00% Technology Surcharge 267,860 139,504 (128,356) 52.08% Cannabis App/Permit Fees 800,000 522,922 (277,078) 65.37% Animal Shelter Fees 6,000 3,429 (2,571) 57.15°/o Inspection Fees 3,500 2,793 (707) 79.80% Fingerprint Fees 5,900 5,893 (7) 99.88% Fire Permits&Fees 122,000 56,581 (65,419) 46.38% DUI Emergency Response 75,000 56,909 (18,091) 75.88% Swimming Pool Receipts 105,110 34,288 (70,822) 32.62% RAC Swim Shop/Rental 23,220 19,637 (3,583) 84.57°/o RAC Admission 142,730 61,249 (81,482) 42.91% RAC Swim Team 7,420 12,995 5,575 175.13% Swimming Pool Concessions 58,010 29,357 (28,653) 50.61% Other Charges and Fees 924,630 1,319,302 394,672 142.68% Recreation Sports 711,340 431,408 (279,932) 60.65% Bad Debt Write-Off (100,300) (700,473) (600,173) 698.38% TOTAL CHARGES FOR CURRENT SERVICES 5,179,260 2,864,165 (2,315,095) 55.30% REVENUE FROM THE USE OF MONEY&PROPERTY Property Rentals 724,670 922,940 198,270 12736% Investment Income 100,000 (134,300) (234,300) -134.30% TOTA�REVENUE-USE OF MONEY&PROPERTY 824,670 788,640 (36,030) 95.63% TOTAI GENERAL FUND 116,663,540 78,471,693 (38,191,847) 67.26% Year End Budget Report Section Three Actual Expenditures Compared to Cash Flow Estimates Actual Expenditures Compared to Budget Cash Flow Estimates City of Redding-General Fund March 2025 YTD Proiection Actual Over(Under) Percenta�e 1001-City Council 156,323 131,968 (24,355) 84.42% 1011-City Manager 485,069 1,255,502 770,434 258.83% 1021-City Clerk 885,637 825,081 (60,556) 93.16% 1031-City Attorney 760,472 653,211 (107,260) 85.90°/a 1041-City Treasurer 526,517 453,221 (73,296) 86.08% 1045-Finance 1,414,541 1,578,579 164,039 111.60% 1048-Purchasing 414,683 347,496 (67,187) 83.80% 1051-Personnel 724,078 488,523 (235,555) 67.47°/a 1061-Animal Regulation 820,860 817,400 (3,460) 99.58% 1091-Genera)Fund Debt Service 1,881,343 1,970,304 88,961 104.73% 1099-Non-Departmental 964,043 799,636 (164,407) 82.95%o 1101-Permit Center 537,595 491,519 (46,076) 91.43% 1111-Building Department 1,921,599 1,465,755 (455,844) 76.28%o 1121-Planning 1,573,855 1,663,211 89,356 105.68% 1131-Code Enforcement 784,610 683,451 (101,159) 87.11°/a 1191-Subdivision&Land Planning 80,625 20,189 (60,436) 25.04% 1401-Police-Administration 3,533,353 3,250,445 (282,908) 91.99°/o 1402-Police-Field Operations 21,490,472 21,877,995 387,524 101.80% 1403-Police-Investigations 4,688,781 4,281,840 (406,941) 91.32°/o 1404-Police-Services Division 3,420,510 3,528,927 108,417 103.17% 1501-Fire-Administration 1,929,826 1,907,803 (22,023) 98.86% 1502-Fire-Suppression 18,392,947 19,741,201 1,348,254 107.33% 1503-Fire-Prevention 1,180,424 1,229,651 49,228 104.17% 1601-Public Works-Engineering 1,016,480 797,711 (218,769) 78.48%a 1611-Engineering and Design 472,500 404,300 (68,200) 85.57% 1621-Streets-6eneral and Administrative 4,095,896 3,783,696 (312,199) 92.38%o 1631-Streets-Capital 10,684,943 6,088,512 (4,596,431) 56.98%o 1701-Community Services Administration 504,778 444,455 (60,323) 88.05% 1711-Parks 3,392,427 3,316,718 (75,709) 97.77% 1721-Recreation Programs 1,677,249 1,531,260 (145,989) 91.30°/o 1725-Aquatic Center 452,694 272,280 (180,414) 60.15%o 1726-Redding Sports Complex 695,783 601,029 (94,754) 86.38% 1750-Midtown Mall 9,150 8,084 (1,066) 88.35% Total 91,570,059 86,710,953 -4,859,105 94.69% *Actual Includes Payments on Previous Year Obligations/Encumbrances. Encumbrances are reductions to 10-Year Plan Beginning Cash from the Audited Cash Figure. Year End Budget Report Section Four Actual Expenditures Compared to Budget Actual Expenditures Compared to Budget Year to Date City of Redding-General Fund March 2025 Budset Encumbrances& Total Unencumbered % Adopted Bud�et Amendments Total Bud�et YTD Actua) Commitments Consumption Balance Consumed 1001-City Council 208,421.00 10.00 208,431.00 131,967.82 300.00 132,267.82 76,163.18 63.46% 1011-City Manager 614,428.00 32,330.00 646,758.00 1,255,502.11 370.00 1,255,872.11 (609,114.11) 194.18% 1021-CityClerk 899,031.00 281,818.00 1,180,849.00 825,080.85 874.84 825,955.69 354,893.31 69.95% 1031-CityAttorney 933,468.00 80,494.00 1,013,962.00 653,211.43 135,570.00 788,781.43 225,180.57 77.79% 1041-CityTreasurer 701,383.00 640.00 702,023.00 453,221.17 430.00 453,651.17 248,371.83 64.62% 1045-Finance 1,884,094.00 1,960.00 1,886,054.00 1,578,579A3 1,140.00 1,579,719.03 306,334.97 83.76% 1048-Purchasing 552,455.00 456.00 552,911.00 347,496.00 340.00 347,836.00 205,075.00 62.91% 1051-Personnel 964,138.00 1,299.00 965,437.00 488,522.53 590.00 489,112.53 476,324.47 50.66% 1061-Animal Regulation 1,052,340.00 42,140.00 1,094,480.00 817,399.77 268,265.71 1,085,665.48 8,814.52 99.19% 1091-General Fund Debt Service 1,970,890.00 0.00 1,970,890.00 1,970,303.76 0.00 1,970,303.76 586.24 99.97% 1099-Non-0epartmental 1,285,390.00 0.00 1,285,390.00 799,63592 (253,245.15) 546,390J7 738,999.23 42.51% 1101-Permit Center 716,119.00 674.00 716,793.00 491,518.98 430.00 491,948.98 224,844.02 68.63% 1111-Building Department 2,592,309.00 -3Q177.00 2,562,132.00 1,465,755.03 1,570.00 1,467,325.03 1,094,806.97 57.27% 1121-Planning 2,096,653.00 1,820.00 2,098,473.00 1,663,211.10 1,270.00 1,664,481.10 433,991.90 79.32% 1131-Code Enforcement 988,822.00 57,325.00 1,046,147.00 683,451.01 600.00 684,051.01 362,095.99 65.39% 1191-Subdivision&Land Planning 107,500.00 0.00 107,500.00 20,188.61 4,848.00 25,036.61 82,463.39 23.29% 1401-Police-Administration 4,578,496.00 132,641.00 4,711,137.00 3,250,444.66 22,830.00 3,273,274.66 1,437,862.34 69.48% 1402-Police-Field Operations 26,885,239.00 1,768,723.00 28,653,962.00 21,877,995.18 85,100.99 21,963,096.17 6,690,865.83 76.65% 1403-Police-Investigations 6,251,456.00 252.00 6,251,708.00 4,281,839.95 (7,344.35) 4,274,495.60 1,977,212.40 68.37% 1404-Police-ServicesDivision 4,560,678.00 200 4,560,680.00 3,528,927.42 898.16 3,529,825.58 1,030,854.42 77.40% 1501-Fire-Administration 2,571,222.00 1,879.00 2,573,101.00 1,907,803.02 131,560.00 2,039,363.02 533,737.98 79.26% 1502-Fire-Suppression 24,011,390.00 512,539.00 24,523,929.00 19,741,201.11 69,630.29 19,810,831.40 4,713,097.60 80J8% 1503-Fire-Prevention 1,572,ll1.00 1,727.00 1,573,898.00 1,229,651.01 950.00 1,230,601.01 343,296.99 78.19% 1601-Public Works-Engineering 1,348,777.00 6,530.00 1,355,307.00 797,710.94 (187,548.52) 610,162.42 745,144.58 45.02% 1611-Engineering and Design 630,000.00 0.00 630,000.00 404,299.86 380.00 404,679.86 225,320.14 64.23% 1621-Streets-GeneralandAdministrative 5,452,484.00 8,710.00 5,461,194.00 3,783,696.28 296,946.59 4,080,642.87 1,380,551.13 74.72% 1631-Streets-Capital 5,719,050.00 8,527,540.00 14,246,590.00 6,088,511.66 (160,333.12) 5,928,178.54 8,318,411.46 41.61% ll01-Community Services Administration 672,444.00 593.00 673,037.00 444,455.10 410.00 444,865.10 228,171.90 66.10% 1711-Parks 4,271,888.00 251,348.00 4,523,236.00 3,316,718.33 133,765.41 3,450,483.74 1,072,752.26 76.28% 1721-Recreation Programs 2,230,562.00 5,770.00 2,236,332.00 1,531,260.36 6,823.79 1,538,084.15 698,247.85 68.78% ll25-Aquatic Center 603,584.00 8.00 603,592.00 272,279J1 4,659.71 276,939.42 326,652.58 45.88% ll26-ReddingSportsComplex 871,683.00 56,028.00 927,711.00 601,029.27 4,530.00 605,559.27 322,151.73 65Z7% 1750-Midtown Mall 12,200.00 0.00 12,200.00 8,084.40 10.00 8,094.40 4,105.60 66.35% Total 109,810,765.00 11,745,079.00 121,555,844.00 86,710,953.38 566,622.35 87,277,575.73 34,278,268.27 71.80% Year End Budget Report Section Five Carryover Fiscal Year 2025 to Fiscai Year 2026 Carryovers City of Redding-General Fund FY 2025 to FY 2026 Carryovers 1001-City Council - 1011-City Manager - 1021-City Clerk - 1031-City Attorney - 1041-City Treasurer - 1045-Finance - 1048-Purchasing - 1051-Personnel - 1061-Animal Regulation - 1091-Genera) Fund Debt Service - 1099-Non-Departmental - 1101-Permit Center - 1111-Building Department 7,450 1121-Planning - 1131-Code Enforcement - 1191-Subdivision& Land Planning - 1401-Police-Administration - 1402-Police-Field Operations 1,401,100 1403-Police-Investigations - 1404-Police-Services Division - 1501-Fire-Administration - 1502-Fire-Suppression 481,250 1503-Fire-Prevention - 1601-Public Works-Engineering 39,220 1611-Engineering and Design - 1621-Streets-General and Administrative - 1631-Streets-Capital 8,527,540 1701-Community Services Administration - 1711-Parks 71,510 1721-Recreation Programs - 1725-Aquatic Center - 1726-Redding Sports Complex - 1750-Midtown Mall - 1999-Transportation &RABA Support - Tota I 10,528,070 GENERAL FUND TEN YEAR PLAN Updated Effective March 10, 2026 City of Redding General Fund Ten Year Plan(in thousands) Fiscal Year Ending 2026&2027 Updated March 11,2026 FiscalYear Adopted Amended Adopted Amended zozs-z6 Adjust as-z6 zoa6-a� Adjust aoz6-a� zoz�-28 zo28-29 2029-3o zo3o-3i Zo3i-32 zo32-33 zo33-34 Zo34-35 Za35-36 Beginning Cash Balance 9,000 (2,000) 7,00o n,55g 9,9z9 $,io4 3,987 (i,z5z) �6,306) (�.�.,�.95) G�5,35i) (i9,o65) �2i,zi3) �z�,43i) Revenues ioz,Sz3 954 ia3,777 io4,999 (z,600) ioz,399 ioq,zSS r.o9,o6� r.o9,9zz nz,S66 n.5,9oz n9,o38 izz,zg5 xz5,629 xz9,o90 NetTransfers 7,59i Z59i 7,680 7,6Ao 7,464 7,6�7 7,9i� 5,�56 8,400 8,65z 8,9i� 9,i79 9,455 ToCal Revenaes iio,4i3 954 �i�,36� n.z,6�9 (z,600) rio,o�9 i7.�,749 i�4,754 n.7,S4o izi,ozz �.z4,3o2 iz9,69i i37,x8� x3q,So6 i38,545 Persomiel Costs (76,oSS) - (76,oSS) (So,z36) - (So,236) (8z,9z3) (S6,o98) (SS,oi8) (90,026) (9�,53z) (93,40+) �94,4�3) �96,i3�) �97,64z) OperatingCosts (�5,349) (595) (�5,944) (zb,zoi) (95) (�6,�95) (�7,oz9) (z7,84o) (z8,675) (�9,536) (30,4��) (3i,334) (3�,�74) (33,�43) (34,�4o) CapitalOutlaY C6,4o$) - C6,4og) (6,�.04) - (6,�.04) C6,z87) C6,476) C6,67o) (6,8�0) CZo76) (7,z89) C7,So7) C7,73z) CZ964) Debt Service C�,965) - (�,965) (i,3i8) - (i,3i8) (i,3i4) (i,3L3) (i,3io) (i,3a9) Ci,3ii) C�,3i5) (i,L3�) (966) C963) Savings i,955 iz i,96� z,oq8 z 2,oso i,688 i,734 i>787. �,83i r,SS3 i,936 i,99z z,oq8 2,iog Net Expenditures (io7,856) (583) (io8,439) (iii,Sii) (93) (iii,9a4) (ii5,866) (ii9,994) (izz,893) (iz5,9io) (iz8,458) (L3i,4o5) (i33,335) (i36,oz4) (i3�,7az) Ending Cash Balance n,55g �1r6�9) 9,9z9 �z,4z5 (2,693) $,r.o4 3,987 ��,z5z) (6,306) (�.i,�g5) (i5,35i) ��9,065) (2i,2i3) (2z,43�) (2z,5g9) Pro'ections toward Council Ob'ectives Ending Cash as Percentage of &xpenditures io.9% q.2% u.i% �.2% 3.4% a.o% -S.i% -8.9% -u.9% -i4.5% -ig.9% -i6.5% -i6.3% Projected Personnel Percentage 6q.3% 68.9% �o.g% 7o.q% �o.g% �0.7% �0.6% �o.g% �o.z% �o.o% 6q.8% 69�6% 69.3% 1�C(tli�ed�d'�Si�xesi#stR�:�; < ° �� ::. �:: �:: .'� ��: ' '. . . . . . .�. . . . . . . . . :. . �, <,:. . . . . ��,.< ..." '... �4l�intaSs�an�`�� : �:� .. , : ��, >�,�r � , a,an�..� . a,49,�. ��.5 95c+ . 5,a5cr.. , 6>��'� ,°�1��'�:�., 4��..� �3� _�.�#�r,� 4�0,= , . ...: 1�ir��e�t�d�ndiri��s�s a�er. .� .:_: � �` ... � < �' .�� ., � x��iireda'tis�enfs�.�:::::�°: .� 8:�.=.: .,�6 � �a�' ;'r� <";�G �i' �_ ' � i��r 8 . �..�':_:.� �',<i2� °.�z�o�.. d.;<�: �,'� ,:.�� .. �: ��..�� 2`. �. . �.<...,. . . ... :�°:. �:� �,�� C�?�7�°�.. ,�� : � r,�a� � .(,s�7 :�� , ta� ��_`� �,s��r � �:. � < . ,�� ,�� ..:� , � :�� .�,�s .� "•�� .::�• . �. < ;. �.. �nt�ng�ash as Peruerctag�t�f . . <.' ;...:.. `��ie�i�iat^e�" .<. . ', .° .' .,,,y °, . .:.., � +r� . .,. .; i i . <, . .... t1r ': , :::'Y�ck; �tl. � ,'"9r." . �'o- i . "9'u.<'_°...i , '�o" .. .:..i . " i . �..'rt)�3o �. . , .... ... .....i3K'i� ... < U. �o . 7,..'� .:... ., ,.,.i,il;..i°�u.. ..,,„°J`u �.t. , , . , <.Jl„ U `; .�[3 lt �:,'.."�,At 8. . . <,<M Q . _: Ua�. .. . t�1(�"�p;�;:�,< [1(?°�n .�' .. i�.. City of Redding General Fund Ten Year Plan(in thousands) Revenues Fiscal Year Ending 2026&2027 Fiscal Year Ended Adopted Amended Adopted Amended aoas-a6 Adjust zoz5-26 zoa6-a� Adjust aoz6-a� Zo2�-28 zoz8-a9 zoz9-3o 2o3o-3i zo3s-32 Zo3z-33 Zo33-34 Zo34-35 Zo35-36 Sales Tax 3�.,36$ �i,7zo) z9,64$ 3��,995 (i,9o3) 3o,o9z 30,543 3i,002 3i,467 3i>939 3z,4ig 32,904 33,397 33,898 34,407 PropertyTax 30,56o S4 30,644 31,Soo 86 3i,5H6 3�,534 33,5io 34,5�5 35�55� 36,6�7 37,7i6 38,H47 4o,oi3 4i,��3 TOT 257a �z36) 7,334 7,873 (2Sz) 7,59i 7,857 8,r3z S,qi6 8,�y.i q,o�.6 9,33�� 9,65g 9,996 io,346 Cannabis Tax i,939 (i6o) i,�99 z,oi6 (23�) i,��9 i,85o i,9z4 z,00i z,o8i z,i64 z,z5i z,34i 2,435 z,53z OU�erTaxes z,75o �z64) 2,q86 z,75o �z64) 2,q86 z,585 z,b89 z,796 z,9o8 3,oz5 3,i46 3,z7i 3,4oz 3,538 Licenses&Permits z,695 - �,695 �,8�3 - �,��3 �,936 3,053 3,�75 3,30� 3,434 3,57� 3,7i4 3,863 4,oi8 Fines&Penalties 99�. - �9x Sii - 8u g44 878 9�3 949 987 i,oz9 �,o6S i,ui i,y5g OtherGoveizvnent 3,364 3,�50 6,6i4 �,i75 - �,i75 i,3�i i,4�z �,465 �,509 �,554 i,6oi i,649 i,69$ i,749 Rerlding Rancheria iz9 - iz9 i3z - i3z i36 i4o i44 i49 i53 i58 i62 i69 xgz Lnternal Departments i3,3i9 - i3,3i9 i4,457 - i4,457 i4,�9i L5,33H �5,79� i6,z�z i6,96o i�,z63 i�,98i i8,3iq i8,86q SeroieeCharges S,i79 - 5,i79 S,z99 - 5,z99 5,5�.i 5,73�� 5,960 6,i99 6,447 6,705 6,973 7,z5z 7,54z Other Revei�ue z,33� - �,33� �,33� - �,338 z,4o$ z,q8o z,555 �,63� z,'7io �,79i �,875 �,96i 3,050 Use of Money&Properry �z5 - 725 729 - 729 729 929 7z9 7z9 729 729 729 729 729 Lnterest ioo ioo ioo ioo 8i qo (i3) (63) (ii2) (i54) Cs9i) (��) (�z4) Subtotat ioz,Sz3 954 ��03,777 io4,999 (z,600) r.oz,399 ioq,zSS io�,o69 io9,9z2 r.iz,866 xy5,9oz n.9,o38 iz2,z�g iz5,6z9 iz9,o90 TransfersIn: (�as Taxes io,o86 - io,o86 io,i5i - io,�5i io,4gg io,969 n,o9z n,4z5 n,�68 iz,iu iz,484 i�,�59 i3,�45 Debt Service - - - - - - - - - - - - - - - OtherTi�ansfersLn 5z3 523 5z3 523 &3$ 554 57i 588 606 6z4 6q3 66z 68z Total Tran.sfersln r.o,6o9 - �.0,609 io,673 - �.0,673 io,994 x�,3z3 i7,663 iz,or3 iz,373 r.z,745 r3,iz7 r3,52i x3,926 Transfers Out: CVB&Convention Center �750) - (750) (756) - �756) �779) (Soz) (826) (85i) �g77) �903) (930) (95$) (987) Parking �3�) - �3H) - - - - - - - - - - - - Library (i,o55) - �i,o55) G,oS6) - (x,o86) (x,ii9) �1,r53) G,x87) (i,zz3) G�,z59) G�,z97) G�,336) G�,376) (i,4ig) Rolling Stock (885) - (885) (8qo) - C84o) C865) CS9s) (9i8) (945) (974) (i,003) (i,o33) Ci,o64) (i,o96) OU�er Equipment (ziS) - (zi8) (z39) - (z39) (z46) (253) (26i) (z68) (z�6) (285) �z93) (302) (3ii) Intemal Advances - - - - - - - - - - - - - - - OtherTransfersOut (�z) - (�z) (�z) - (�z) (Szi) �537) �553) (569) (587) (6oq) (6zz) (64x) (660) Totat Transfers Out (3,oi8) (3,oi8) (z,993) (�,993) (3,53a) C3,636) C3,745) (3,857) C3,973) (4,o9z) C4,��5) (4 34i) C4,47�) Net Transfers 7,59i - 7,59i 7,680 - 7,680 7,464 Z687 7,9�.8 8,r.56 8,40o S,65z S,9iz 9,i99 9,455 ToCal Revenaes �zo,4i3 954 i�i,369 i�2,679 (z,600) ir.o,o99 ir�,749 i�q,�5q ir.g,8qo izr,ozz iz4,3o2 iz�,69x i3r,r8� r3q,8o6 i38,545 Revenue Assum tp ions SalesTax 2.0% -z.o% -z.o% 2.0% i.5% i.s% i.,r% i.5% i.5% �.5% i.5% i.s% i.5% i.s% i.5% PropertyTax 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% TransientOccupancyTax 4.0% z.o% z.o% 40� 3�5� 3�5� 3�5� 3�5� 3�5� 3�5� 3�5� 3�5� 3�5� 3�5� 3�5� FeeRevenues Projected Projected Projected Projected Projected Projected 3.0% 3.0% 3.0% 3.0% 3.0% 3.0 0 3.0% 3.0% 3.0% OU�erGovernment Projected ProjecYed ProjeeTed Projected Projected Projected 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% OtherRevei�ue Projected Projected Projected Projected Projected Projected 3.0% 3.0% 3.0% 3.0% 3.0% 3.0°0 3.0% 3.0% 3.0% Intecnal Departments Projected ProjecCed Projeeted Projected Projected Projected 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% All Reveiiues(Notspecific) Projected Projected Projected Projected Projected Projected 4�0� 4�a� 4�0� 4�a°o 4�0� 4�0°0 4�0� 4�0°� 4�a� Interest(PercentofCash) z.o% 2.0% z.o% 2.0% z.o% z.o% i.o% i.o% i.o% i.o% i.o% x.o% i.o% i.o% i.o% City of Redding Generai Fund Ten Year Plan(in thousands) Expenditures Fiscal Year Ending 2026 8 2027 Fiscal Year Ended Adopted Amended Adopted Amended zo25-26 Adjust 2o2g-26 2oz6-2� Adjust 2o26-z� 202�-28 2o28-2q 2o2q-3o 2o3o-gi 203�32 2o3L-33 Zo33-34 2034-35 Zo35-36 Safety UAL Payments i5,�90 i6,9iz i�,i4o z�,33z i�,i46 z�,izz 16,453 i6,z3� i5,8zz Misc UAI.Payments 5�590 6,028 6,o9g 6,i47 5�983 5>964 5>680 5�589 5>450 PARS UAL Payments - - - - - - - - - Police Personnel 34,55h - 34,556 36,86� - 36,869 z$,6it �9,355 30,ll3 3o,H96 3i,754 3�,h3H 33,54h 34,4�0 35,43� Operating 7�347 �So Z498 Z696 - 7>696 7,92� 8,i65 S,qlo 8,662 8,922 9�i90 9,465 9,749 io,o42 Capital Outlay/Project 372 - 372 274 - 274 2H2 z91 3oo 309 3i� 3z7 337 347 35� Subtotal q2,296 �So q2,q26 q4�837 - 44�837 36,g2o 37,8i1 38,822 39�866 4a,994 4Z�i55 43>348 44,576 45>838 Fire Personnel z3��38 - �3�z38 �4,�44 - 2q,2qq i8,o93 i8,56o �9�038 i9,593 2o,i38 20,698 21,294 21,866 22,q74 Operating 4,9ih 35 4,95i 5,iz� - 5,i2i 5,274 5,433 5,596 5,7�4 5,936 6,ii5 6,298 6,487 6,68z CapitalOutlay/Project - - - - - - - - - - - - - - - Subtotat �H,�55 35 zH,i90 �9,365 - �9,365 �3,367 z3,99� �4,634 �5,356 z6,o94 26,8iz z7�57z ��,353 z9,i56 Transportation&Engineering Personnel 2,489 - 2,48� 2,6i9 - z,6i9 i,4ii i,44� i,474 i,5ii i,553 i,600 i,646 i,695 �,744 Operating 4,913 15 4,9�8 5>oi4 - 5,oi4 5,�64 5,3i9 5�479 5�643 5>8i2 5,98� 6,i66 6,35i 6,54z ('apiCalOutlay/Project 5,750 - 5,750 5,7io - 5,7io 5,88i 6,058 6,z39 6,4z� 6,6iq 6,8zf3 7,oz3 7,233 7,45o Subtotal 13,1so is i3,i66 i3,34� - �3,342 iz,457 i2,824 i3,i9z 13,58� �3,985 i4,4o5 �4,835 i5,z8o i5,736 Parks&Recreation Personnel 4,88� - 4�887 S,o59 - 5�059 3�87� 3,980 4�a88 4�zo4 4�3z6 4�453 4�58z 4�716 4�854 Operating 3,500 22 3,521 3,�o7 - 3,�07 3,715 3,H27 3,942 4,060 4,z8z 4,3o7 4,43h 4,5�9 4,7oh Capital Outlay/Project 286 - 286 i2o - i2o i2q i2� i3i i35 �39 i43 i48 �5� ��57 Subtotat 8,6�3 zz 8,695 �,7�6 - �,7�6 7,709 7�934 �,i6i �,399 H,647 H,9a3 9,i66 9,43K 9,7i7 Development Services Personnel 5�14� - 5,i4� 5�367 - 5,3h7 4�471 4,592 4,7i3 4�H4z 4,97h 5,1i6 5,25� 5,405 5�55h Operating i,343 22 i,365 i,418 - i,4i8 i,46� i,5o5 ��550 1>596 i�644 i,693 �,744 i�796 i,85o ('apiCalOuflay/Project - - - - - - - - - - - - - - - Subtotal 6,q9i 22 6,5i3 6,785 - 6,785 5,93i 6,09� 6,263 6,438 6,62i 6,809 9,002 �,202 9,qo6 General Gouernment&Other Personnel 5,��1 - 5,�71 6,080 - 6,08o S,o86 S�z�4 5>358 5�503 5,655 5,8�4 5�975 6��4� 6�3�3 Operating 3,33o 351 3,h�i 3,345 95 3,439 3,4H8 3,59z 3,�00 3,8ii i8 3,925 4�043 4,ih4 4,2H9 4�4 CapitalOutlay/Project - - - - - - - - - - - - - - - Debt Service i,965 - 1,9h5 i,318 - z,3i8 i,3i4 i,313 1,3io 1�309 i,31i i,3i5 i,i3z 966 963 Subtotal �i,o66 351 ii,qi� io,�43 95 io,83� 9,888 io,i29 io,368 10,623 io,89i n,i�i n,2�i u,g98 n,694 Add Back Personnel - - - - - - - - - - Add Back O&M - - Projected Savings (i,955) Ci�) Ci,967) C�,o48) C�) (�,050) (i,688) (i,734) Ci,7Hz) Ci,H3i) Ci,H�3) Ci,936) Ci,99�) C�,o48) (�,io7) Total Expeudituces io�,856 583 io8,439 n�,8n 93 in,9oq ii5,866 n9,994 �22,893 �z5,9io i28,458 i3i,4o5 i33,335 136,o2q i38,�o2 F.�cuenditure Assumptions Personnel-Wages Budget Budget Budget Budget Budget Budget z.�5� 2�75� 2 75� 2 75� 2�75� 2�75� z 75� 2 75� 2�75� O&M&CapitalOutlay Budget Budget Budget Budget Budget Bndget 3�0� 3•0� 3•0� 3•0� 3•o� 3�0� 3�0� 3•0� 3•o� Debt Actual Actual Actual AcTual Actual AcCual AcCual AcYual AcYual Actual Actual Actual Actual Actual Actual Assumed�xpenseSavings z.o% z.00% 2.00% 2.0% z.o% 2.0% 2.0% z.o% z.o% 2.0% 2.0% 2.0% z.o% 2.0% 2.0%