Page 150 - Moreno Valley 2025 Annual Financial Report
P. 150
City of Moreno Valley, California
STATE GASOLINE TAX
Budgetary Comparison Schedule
For the Year Ended June 30, 2025
Budgeted Amounts Variance with
Original Final Actual Final Budget
Expenditures
Current
Public works 4,207,822 4,430,822 4,780,034 (349,212)
Capital outlay 5,385,000 13,379,260 5,837,791 7,541,469
Total expenditures 9,592,822 17,810,082 10,617,825 7,192,257
Excess (deficiency) of revenues over expenditures 1,548,643 (6,668,617) 1,296,979 7,965,596
Other financing sources (uses)
Transfers out (50,000) (50,000) (50,000) -
Total other financing sources (uses) (50,000) (50,000) (50,000) -
Net change in fund balances 1,498,643 (6,718,617) 1,246,979 7,965,596
Fund balances - beginning of year 11,454,758 11,454,758 11,454,758 -
Fund balances - end of year $ 12,953,401 $ 4,736,141 $ 12,701,737 $ 7,965,596
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