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collections including all categories of property related taxes (secured, unsecured, supplemental and delinquent taxes) were $83,224 (0.2%) less than staffs estimate of $50.45 million (Amended Budget). Sales Tax revenue is the second largest revenue source for the General Fund, accounting for approximately 21% of the total revenues. In 2013/14FY actual Sales Tax collections were $923,123 (4.6%) greater than staffs estimate of $20.070 million (Amended Budget). A majority of the increase in sales tax was attributable to a continued improvement in the economy and the restoration of the City's sales tax to its pre-recession level of$22 million. Hotel Tax, Documentary Transfer Tax and Development Service Fees were also greater than projected ($463,920) and also benefitted from the improved economy. Franchise Fees were greater than projected as a result of negotiating a higher franchise fee for garbage services and an improved economy ($71,125). Recreation fees ($303,619) were also greater than projected as the swim revenues returned after the re-opening of the newly renovated Dolores Bengtson Aquatic Facility in September, 2013. Finally, Reimbursements were greater than projected due to the timing on reimbursements for the East Pleasanton Specific Plan costs by the developers involved in the study area ($422,749) and a reduction in interfund charges ($155,667) offset by an increase in Miscellaneous Revenues ($188,542); resulting in a net increase of$2,134,187 in overall revenues received. General Fund Expenditures. General Fund expenditures incurred (Actual) were less than the Amended Budget by $2,508,864 or 2.7%. Table 3 shows the major expenditure categories with a comparison of Amended Budget versus Actual expenditures and the variance to the Amended Budget both in terms of dollars and percentage. The majority of the reduction in expenditures was as follows: • Personnel savings from holding vacant positions open $ 247,996 • General Fund Contingency (Midyear Review March 2014)() 708,605 • Water for City Facilities 335,000 • Contract Services 402,000 • Legal Services 93,000 • Professional Services 147,000 • PG&E 113,000 • Field Supplies 90,000 • Contract Repair Services 170,000 • Miscellaneous (office supplies, advertising expenses, etc.) 202,263 Total $2,508,864 (1) At that time, staff recommended that any excess funds be put in the Contingency and staff would bring forward a recommendation at year-end for allocating these funds as we are currently doing in this Report. Page 4 of 12