Page 149 - Moreno Valley 2025 Annual Financial Report

City of Moreno Valley, California

Combining Statement of Revenues, Expenditures, and Changes in Fund Balances
Nonmajor Governmental Funds
For the Year Ended June 30, 2025

Permanent Funds (Concluded)

Total Nonmajor
Cultural Preservation Governmental Funds
Revenues
Taxes
Other taxes $ - $ 862,096
Licenses and permits - 1,517
Intergovernmental - 41,834,122
Fees and charges for services - 3,361,687
Use of money and property 7,661 1,847,355
Miscellaneous - 486,699
Total revenues 7,661 48,393,476
Expenditures
Current
General government - 2,608,450
Public safety - 783,501
Community and economic development - 3,033,904
Community and cultural - 10,694,119
Public works - 10,019,231
Debt service
Principal retirement - 23,850,449
Interest - 1,571,252
Capital outlay - 41,743,170
Total expenditures - 94,304,076

Excess (deficiency) of revenues over expenditures 7,661 (45,910,600)
Other financing sources (uses)
Transfers in - 66,123,473
Transfers out - (34,506,638)
Refunding bonds issued - 19,645,416
Bond premium/(discount) - 2,262,806
Total other financing sources (uses) - 53,525,057
Net change in fund balances 7,661 7,614,457
Fund balances (deficits) - beginning of year, as previously reported 135,295 88,688,210
Change within financial reporting entity (major to non-major) - (994,866)
Fund balances (deficits) - beginning of year, as restated 135,295 87,693,344
Fund balances (deficits) - end of year $ 142,956 $ 95,307,801

127