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
Capital Projects FundsDebt Service FundsTotal Nonmajor Funds
Special Assessment DistrictCity Highlands Undergrounding
REVENUES
Taxes$ -$ -$ 5,048,819
Special assessments collected-133,6681,669,590
Licenses and permits--460,016
Intergovernmental revenues--4,706,974
Fees and rentals--329,266
Charges for services--4,121,682
Investment earnings10,8445,9154,524,646
Fines and forfeitures--1,394
Miscellaneous--275,117
Total revenues10,844139,58321,137,504
EXPENDITURES
Current:
General government-16,2653,063,470
Public safety--177,617
Parks, recreation and culture--9,129,088
Public works--5,899,418
Housing--847,134
Library--2,934,418
Capital outlay--14,464,131
Debt service:--
Principal-54,000379,046
Interest-48,493102,818
Total expenditures-118,75836,997,140
Excess (deficiency) of revenues over (under) expenditures10,84420,825(15,859,636)
OTHER FINANCING SOURCES (USES)
Transfers in--22,418,897
Transfers out--(2,115,140)
Proceeds from subscriptions and leases--529,792
Total other financing sources (uses)--20,833,549
Net change in fund balances10,84420,8254,973,913
Fund balances (deficit)-beginning198,846142,43081,315,696
Fund balances (deficit)-ending$ 209,690$ 163,255$ 86,289,609