CITY OF PALM DESERT, CALIFORNIA Combining Statement of Revenues, Expenditures, and Changes in Fund Balances(Continued) Nonmajor Governmental Funds For the Year Ended June 30, 2025
Special Revenue FundsCapital Projects Funds
Permanent Local Housing Allocation GrantOpioid SettlementLibrary ServicesCapital Projects Reserve
REVENUES
Taxes$ -$ -$ -$ -
Special assessments collected----
Licenses and permits----
Intergovernmental revenues439,873242,845--
Fees and rentals----
Charges for services--5,926-
Investment earnings-22,62857,502750,664
Fines and forfeitures----
Miscellaneous--51,318223,049
Total revenues439,873265,473114,746973,713
EXPENDITURES
Current:
General government---1,293,190
Public safety----
Parks, recreation and culture---168,280
Public works---24,114
Housing45,000242,845--
Library--2,934,418-
Capital outlay---2,694,601
Debt service:----
Principal--112,313-
Interest----
Total expenditures45,000242,8453,046,7314,180,185
Excess (deficiency) of revenues over (under) expenditures394,87322,628(2,931,985)(3,206,472)
OTHER FINANCING SOURCES (USES)
Transfers in--2,185,29011,017,674
Transfers out(100,000)--(1,512,440)
Proceeds from subscriptions and leases--529,792-
Total other financing sources (uses)(100,000)-2,715,0829,505,234
Net change in fund balances294,87322,628(216,903)6,298,762
Fund balances (deficit)-beginning(170,884)7,539634,78310,120,284
Fund balances (deficit)-ending$ 123,989$ 30,167$ 417,880$ 16,419,046