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THE CITY OF
<br /> Quarterly Financial Report
<br /> pL£AS ANTOI\m Operating Budget
<br /> IJ First Quarter of FY 2009 -10
<br /> 1 As of Se tember 30 2009
<br /> Business License Tax: ;0:-
<br /> Business License Tax (included in Other Taxes) is budgeted at $2.9 million and the
<br /> budget estimate assumed a decrease of 1.6% over the prior year estimate. Fiscal year
<br /> 2008 -09 actual revenue was $2.7 million (down 7.9 which would translate into a
<br /> 7.2% increase if the original budget estimate is not adjusted. At this time it is not
<br /> looking like an adjustment would be recommended. This is due to continued and
<br /> increased compliance efforts including a new contract with Muni Services to help
<br /> identify businesses that are not in compliance with licensing provisions in the City Code.
<br /> In addition, staff is participating in a program where we exchange taxpayer information
<br /> with the California State Franchise Tax Board. Businesses in Pleasanton who pay
<br /> income tax are cross referenced with Businesses in Pleasanton who pay business
<br /> license tax. If a business is paying income tax but does not have a business license
<br /> they will be contacted and asked to come into compliance with the business license
<br /> code. The majority of business license revenue is realized during the annual renewal
<br /> timeframe from January 1st through February 1 A Mid -year adjustment will be
<br /> proposed as additional information regarding annual renewal revenue becomes
<br /> available.
<br /> General Fund Expenditures
<br /> With 25% of the year completed, 20.3% of budgeted expenditures have been
<br /> expended.
<br /> General Fund Expenditures
<br /> Expenditures b Department Budget YTD Actual
<br /> City Council 169,274 56,605 33.4%
<br /> City Manager 1,211,847 282,748 23.3%
<br /> City Attorney 1,443,076 237,714 16.5%
<br /> Finance Department 3,122,398 600,448 19.2%
<br /> General Government Dept 1,851,009 211,968 11.5%
<br /> Administrative Services Dept 4,584,548 930,252 20.3%
<br /> Fire Dept- Pleasanton Only 14,997,116 3,080,143 20.5%
<br /> Police Department 22,913,536 4,691,689 20.5%
<br /> Community Development Department 9,659,912 1,926,503 19.9%
<br /> Housing 298,839 52,524 17.6%
<br /> Economic Development Department 795,795 166,881 21.0%
<br /> Operations Service Center (OSC) Dept 7,502,645 1,522,374 20.3%
<br /> Parks Community Services Dept 13,676,271 2,912,467 21.3%
<br /> Library 4,142,138 879,861 21.2%
<br /> Total Budget vs. Actual 86,368,404 17,552,179 20.3%
<br /> :5 Good. Positive Indicator Aar Caution. Unsettled Indicator a Problem. Negative Indicator
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