|
Table 2. General Fund Revenues
<br /> Adjustments
<br /> Approved by Recommended FY 2014/15
<br /> FY 2013/14 FY 2014/15 City Council Midyear Budget Recommended
<br /> Actuals Midterm Budget (7/1-12/31/14) Adjustments Midyear Budget
<br /> Property Taxes
<br /> Secured Property $40,867,339 $42,150,000 $0 $1,550,000 $43,700,000
<br /> Unsecured Property 2,340,091 2,450,000 - (100,000) 2,350,000
<br /> Delinquent Taxes 1,001,163 950,000 - 950,000
<br /> Property Tax in Lieu of VLF 5,060,700 5,165,000 - 185,000 5,350,000
<br /> Supplemental Assessment 1,097,483 650,000 - 50,000 700,000
<br /> Subtotal Property Taxes 50,366,776 51,365,000 - 1,685,000 53,050,000
<br /> Sales and Use Tax 20,993,123 21,700,000 - 550,000 22,250,000
<br /> Other Taxes
<br /> Public Safety Sales Tax 398,040 370,000 - 25,000 395,000
<br /> Documentary Transfer Tax 733,805 700,000 - 25,000 725,000
<br /> HoteVMotel Tax 4,298,581 4,100,000 - 300,000 4,400,000
<br /> Business License Tax 3,150,104 3,200,000 - 3,200,000
<br /> Off Track Fees 95,605 105,000 - (5,000) 100,000
<br /> Miscellaneous Taxes 42 -
<br /> Subtotal Other Taxes 8,676,177 8,475,000 - 345,000 8,820,000
<br /> Total Taxes 80,036,076 81,540,000 - 2,580,000 84,120,000
<br /> Development Services Fees
<br /> Building Permits 1,764,124 2,352,000 - (82,000) 2,270,000
<br /> Planning&Zoning Fees 486,060 144,515 258,950 (5,000) 398,465
<br /> Plan Check Fees 2,124,937 1,660,500 - 70,000 1,730,500
<br /> Public Works Fees 90,010 91,600 - 1,000 92,600
<br /> Subtotal Development Services Fees 4,465,131 4,248,615 258,950 (16,000) 4,491,565
<br /> Total Taxes and Development Fees 84,501,207 85,788,615 258,950 2,564,000 88,611,565
<br /> Other Revenues
<br /> Licenses and Other Permits 40,267 35,855 - 2,000 37,855
<br /> Fines&Forfietures 408,989 509,500 - (100,000) 409,500
<br /> Interest Income&Rents 203,293 175,000 - 40,000 215,000
<br /> Subventions&Grants 495,242 495,000 - 122,130 617,130
<br /> Franchise Fees 2,371,125 2,360,000 - 60,000 2,420,000
<br /> Current Service Fees 933,439 948,250 - (3,000) 945,250
<br /> Miscellaneous Revenues 1,361,255 837,539 34,700 151,850 1,024,089
<br /> Library Service Fees 120,880 98,600 - 23,800 122,400
<br /> Recreation Revenues 3,772,869 3,500,800 - 104,123 3,604,923
<br /> Interfund Revenues 2,297,572 2,369,582 - - 2,369,582
<br /> Subtotal Other Revenues 12,004,931 11,330,126 34,700 400,903 11,765,729
<br /> Total $96,506,138 $97118,741 $293,650 $2,964,903 $100,377,294
<br /> General Fund Expenditures - General Fund expenditure increases total $367,686 as
<br /> detailed in Table 3. This net increase is comprised of $442,931 in personnel expenses
<br /> primarily due to adding 1.0 FTE Human Resources Coordinator, 1.0 FTE Parks
<br /> Superintendent, and 0.8 FTE limited term Special Project Officer as well as increasing
<br /> the FTE for an Assistant City Attorney from 0.5 to 0.625 and loaning a Senior Recreation
<br /> Specialist to the City Manager's Office from the Community Services Department. The
<br /> non-personnel net decrease of $75,845 includes reduced need for contract building
<br /> inspectors ($300,000) and Human Resources contractual services ($52,700). These
<br /> reductions are off-set primarily by the following expense increases: $48,000 for
<br /> Community Services instructor contracts, $20,000 for photographer services for the
<br /> Visual Photo Story project, $30,000 in telephone expenses, $82,900 for miscellaneous
<br /> Police Department expenses, $12,000 for enhancements and upgrades to
<br /> Page 4 of 8
<br />
|