Page 181 - Moreno Valley 2025 Annual Financial Report

City of Moreno Valley, California

PUBLIC WORKS CAPITAL PROJECTS
Budgetary Comparison Schedule
For the Year Ended June 30, 2025

Budgeted Amounts Variance with
Original Final Actual Final Budget
Revenues
Intergovernmental $ - $ 16,258,761 $ 1,620,795 $ (14,637,966)
Total revenues - 16,258,761 1,620,795 (14,637,966)
Expenditures
Capital outlay 6,350,000 37,493,410 10,093,387 27,400,023

Total expenditures 6,350,000 37,493,410 10,093,387 27,400,023

Excess (deficiency) of revenues over expenditures (6,350,000) (21,234,649) (8,472,592) 12,762,057
Other financing sources (uses)
Transfers in 5,600,000 5,600,000 4,600,000 (1,000,000)
Total other financing sources (uses) 5,600,000 5,600,000 4,600,000 (1,000,000)

Net change in fund balances (750,000) (15,634,649) (3,872,592) 11,762,057

Fund balances - beginning of year, as previously reported 12,039,412 12,039,412 12,039,412 -

Adjustment - changes between major fund and nonmajor fund - - - -

Fund balances - beginning of year 12,039,412 12,039,412 12,039,412 -
Fund balances - end of year $ 11,289,412 $ (3,595,237) $ 8,166,820 $ 11,762,057

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