CITY OF PALM DESERT, CALIFORNIA Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Capital Projects Reserve For the Year Ended June 30, 2025
Budget AmountsActual AmountsVariance with Final Budget Positive (Negative)
OriginalFinal
REVENUES
Investment earnings$ 335,000$ 335,000$ 750,664$ 415,664
Miscellaneous--223,049223,049
Total revenues335,000335,000973,713638,713
EXPENDITURES
Current:
General government1,000,0003,383,3141,293,1902,090,124
Parks, recreation and culture125,0001,180,000168,2801,011,720
Public works150,00025,00024,114886
Capital outlay7,253,61210,857,1262,694,6018,162,525
Total expenditures8,528,61215,445,4404,180,18511,265,255
Excess (deficiency) of revenues over (under) expenditures(8,193,612)(15,110,440)(3,206,472)11,903,968
OTHER FINANCING SOURCES (USES)
Transfers in-11,017,67411,017,674-
Transfers out-(1,512,440)(1,512,440)-
Total other financing sources (uses)-9,505,2349,505,234-
Net change in fund balance$ (8,193,612)$ (5,605,206)6,298,762$ 11,903,968
Fund balance-beginning10,120,284
Fund balances-ending$ 16,419,046