Page 46 - Moreno Valley 2025 Annual Financial Report
P. 46
City of Moreno Valley, California
DEVELOPMENT IMPACT FEES
Budgetary Comparison Statement
For the Year Ended June 30, 2025
Budgeted Amounts Variance with
Original Final Actual Final Budget
Revenues
Fees and charges for services $ 4,170,675 $ 8,070,675 $ 12,360,691 $ 4,290,016
Use of money and property 340,961 340,961 2,098,130 1,757,169
Total revenues 4,511,636 8,411,636 14,458,821 6,047,185
Expenditures
Current
General government
Non‐departmental - - 1,945,641 (1,945,641)
Total expenditures - - 1,945,641 (1,945,641)
Excess (deficiency) of revenues over expenditures 4,511,636 8,411,636 12,513,180 4,101,544
Other financing sources (uses)
Transfers in 1,059,115 1,329,830 1,329,830 -
Transfers out (1) (8,267,324) (29,659,309) (27,659,309) 2,000,000
Total other financing sources (uses) (7,208,209) (28,329,479) (26,329,479) 2,000,000
Net change in fund balances (2,696,573) (19,917,843) (13,816,299) 6,101,544
Fund balances - beginning of year 38,905,950 38,905,950 38,905,950 -
Fund balances - end of year $ 36,209,377 $ 18,988,107 $ 25,089,651 $ 6,101,544
See accompanying Notes to the Basic Financial Statements:
(1) Note 7
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