3. FINANCIAL SUMMARY REPORT
The following financial summary provides an annual statement of revenues, and changes in fund balance for each impact fee fund, for the Fiscal Year End June 30, 2025. Figures shown in the table below are unaudited as of the date of this report.
Table 2. Financial Summary Fiscal Year 2025
Fund No.350 Public Buildings351 Fire Safety352, 355, 356 Roads353 Police354 Parks and Recreation357 Storm Drain414, 415 Water416 Sewer
REVENUES
Fees433,14986,8861,476,92862,1571,039,8341,721,086473,094832,400
Interest13,86032,958256,60949,929860,473158,296416,613232,928
Total Revenues447,010119,8441,733,537112,0861,900,3061,879,383889,7071,065,328
Fund Balance, Beginning of the Year1(16,998,689)679,15212,071,4861,990,50622,174,3135,644,17125,075,6934,649,224
Fund Balance, End of the Year1(17,209,683)798,99613,701,2822,102,59223,947,0887,523,55425,965,4005,714,552
1 Beginning & Ending Fund Balance per financial reports provided by the City's Finance Department.
City of Victorville Annual Development Impact Fee Report Prepared by NBS
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