CRA Comprehensive Report - 2018 to 2024

City of Daytona Beach, FL CRA Financial Summary Data FINANCIAL SUMMARY DOWNTOWN

DOWNTOWN

2019 ACTUAL

2020 ACTUAL 2021 ACTUAL 2022 ACTUAL 2023 ACTUAL 2024 ACTUAL 2025 ACTUAL*

INTERGOVERNMENTAL CHARGES FOR SERVICE LICENSES & PERMITS INCOME ON INVESTMENTS

601,605

646,313

724,746

1,077,598 1,142,132

1,258,555

1,401,093

-

-

-

-

-

- -

- -

703

434

2,152 3,929

88

2,020

9,460

6,344

4,461

42,348

66,296

35,597

MISC

1

5

1

-

-

-

-

$

611,769 $

653,096 $

730,828 $ 1,082,147 1,186,500 $ $

1,324,851 $ 1,436,690

OPERATING

322,112 22,277

423,019 2,620,766

1,294,171 1,273,604

1,451,151

2,103,791

CAPITAL OUTLAY

27,048

25,425

180,327

275,607

227,507

238,960

$

344,389 $

450,067 2,646,191 $ $ 1,474,498 1,549,211 $ $

1,678,658 $ 2,342,751

ISSUANCE OF DEBT

-

-

-

-

159,281 873,818 (234,252) 798,847

-

-

TRANSFERS IN

515,085 (172,401) 342,684

529,325 (173,100) 356,225

539,007 (172,639) 366,368

772,344 (172,037) 600,307

985,222 (236,186) 749,036

1,222,141 (172,223) 1,049,918

TRANSFERS (OUT) - DEBT SERVICES

NET CHANGE IN FUND BALANCE

$

610,064 $

559,254 (1,548,995) $ $

207,956 $

436,136 $

395,229 $

143,857

FUND BALANCE BEGINNING

City of Daytona Beach, Florida Budget Summary, Fund Level

1,217,751 1,827,815 1,827,815 2,387,069

2,387,069

838,074 1,046,030 1,046,030 1,482,166

1,482,166

1,877,395

ENDING

838,074

1,877,395 2,021,252.00

FUND SUMMARY

*As of 12/05/2025, FY 2025 amounts are preliminary and have not been finalized or audited

FUND NUMBER 130

REDEVELOPMENT - DOWNTOWN

ADOPTED BUDGET

AMENDED BUDGET

$3.0M

$3.0M

EXPENSE

REVENUE

YTD TOTAL

FINAL PROJECTION

YTD TOTAL

FINAL PROJECTION

1

Sources: 2019 2020 CoDB ACFR, 2021 - 2024 CRA Audited Financial Statments, 2025 Trial Balance Report

$61.5K

$257.4K

0

0

VARIANCE $

VARIANCE %

VARIANCE $

VARIANCE %

$2.7M

91.34%

$3.0M

100.00%

BURN RATE *

ENCUMBERANCES

YTD Expense by Category

$210.4K

0.69%

PERSONNEL SERVICES 41%

YTD Actual to Budget

OTHER EXPENSES 0%

$- $100,000.00 $200,000.00 $300,000.00 $400,000.00 $500,000.00 $600,000.00 $700,000.00 $800,000.00

CAPITAL 0%

OPERATING 59%

October

November

December

Actual

Budget

DaytonaBeach.gov/Redevelopment Executive Notes: 1. Majority of budgeted revenues are from Ad Valorem tax payments. Historically, these payments are not posted until December of the fiscal year. As of this report, they have not been posted. 2. Prior year project budget will be amended at a later date after fiscal year has been closed. As of this report the following projects has funds available to roll from FY 2025: 601732 - Orange Ave Trail: $23,925.64 151925 - Beach Street Redevelopment: $1,536,586.49

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