Overview
At June 30, 2025, Eureka's total net position was $212,407,295: governmental activities $113,811,666 and business-type activities $98,595,629. Components: $214,957,810 net investment in capital assets, $19,501,316 restricted, and negative $22,051,831 unrestricted — the negative unrestricted balance reflecting pension and OPEB liabilities. Total net position increased $11,635,587 during the year (governmental +$2,872,522; business-type +$8,763,065), after a prior-period adjustment of −$2,200,183. Governmental activities spent $57,301,239 against program revenues of $26,707,185, a net cost of $30,594,054 covered by general revenues and transfers.
Source: City of Eureka Annual Financial Report, year ended June 30, 2025, Statements of Net Position and Activities.
At a glance — year ended June 30, 2025 (audited actuals)
Source: City of Eureka Annual Financial Report, year ended June 30, 2025.
General Fund — year ended June 30, 2025
| General Fund revenue | FY 2024-25 actual |
|---|---|
| Taxes | $33,939,771 |
| Licenses, permits, and fees | $1,742,904 |
| Fines and forfeitures | $34,028 |
| Intergovernmental | $4,143,419 |
| Charges for services | $8,483,372 |
| Use of money and property | $100,823 |
| Other revenues | $547,803 |
| Total revenues | $48,992,120 |
| General Fund expenditure | FY 2024-25 actual |
|---|---|
| Public safety | $26,545,455 |
| Culture and recreation | $7,927,985 |
| General government | $6,584,742 |
| Public works | $2,395,070 |
| Community development | $1,406,419 |
| Capital outlay | $743,377 |
| Debt service: principal | $154,756 |
| Debt service: interest | $9,239 |
| Total expenditures | $45,767,043 |
Walk: revenues $48,992,120 − expenditures $45,767,043 = excess $3,225,077; transfers out $2,575,000; net change $650,077; beginning balance $11,370,644 + $650,077 = ending balance $12,020,721. The ending balance comprises nonspendable $160,139 (leases receivable $2,482 + prepaid items $85,495 + inventory $72,162), assigned $10,546,192, and unassigned $1,314,390. All governmental funds combined: revenues $65,699,763, expenditures $65,949,971, net −$250,208, other financing −$175,000, net change −$425,208, ending $18,614,470 (beginning $19,039,678 − $425,208).
Source: City of Eureka Annual Financial Report, year ended June 30, 2025, Governmental Funds statements.
Enterprise funds — year ended June 30, 2025
| Enterprise fund | Operating expenses | Charges for services | Net |
|---|---|---|---|
| Water | $11,711,734 | $12,856,238 | +$1,144,504 |
| Wastewater | $14,404,719 | $15,793,226 | +$1,388,507 |
| Harbor | $1,580,748 | $1,225,016 | −$355,732 |
| Building | $902,908 | $914,331 | +$11,423 |
| Golf | $11,072 | $19,800 | +$8,728 |
| Total | $28,611,181 | $30,808,611 | +$2,197,430 |
Water and wastewater together account for $2,533,011 of the $2,197,430 enterprise net — the harbor fund's $355,732 operating loss and small building/golf gains make up the difference. Restricted net position of $19,501,316 breaks down as: public safety $965,865; streets, roads, and airport $823,311; capital projects $744,208; public health $399,848; housing $16,568,084.
Source: City of Eureka Annual Financial Report, year ended June 30, 2025, Proprietary Funds statements.
Sources & notes
- Only source used: City of Eureka Annual Financial Report for the year ended June 30, 2025 (Moss, Levy & Hartzheim CPAs, unmodified opinion). Read the report (city archive).
- Sum checks: net position components $214,957,810 + $19,501,316 − $22,051,831 = $212,407,295; restricted components sum to $19,501,316; GF revenues sum to $48,992,120; GF expenditures sum to $45,767,043; GF walk $11,370,644 + $650,077 = $12,020,721; governmental funds walk $19,039,678 − $425,208 = $18,614,470; net position walk $202,971,891 − $2,200,183 + $11,635,587 = $212,407,295; enterprise expenses sum to $28,611,181, charges to $30,808,611, net +$2,197,430.
- Disclosed, not smoothed: (1) general-revenues-and-transfers detail lines not used (scrambled in extraction); (2) auditor-report date not asserted (inventory record only, unverified in extracted text); (3) the FY 2025-26 budget was not retrieved — this page is FY 2024-25 audit only.
- Fiscal-year label: year ended June 30, 2025 (FY 2024-25 actuals).
- Jurisdiction palette: no verified City of Eureka palette was on file, so this page uses the neutral Hometown Numbers dark-glass theme rather than a city color.