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• The $3 million reduction to Sales Tax revenues reflects expected cessation of 2.5
<br /> months in sales tax receipts primarily related to the following sales tax
<br /> categories: (1) autos and transportation, (2) general consumer goods, (3)
<br /> restaurants and hotels and (4) business and industry.
<br /> • The $1.5 million reduction in TOT revenues reflects 2.5 months closure of the
<br /> City's hotels and motels.
<br /> • The $985,683 reduction in Recreation revenues equals an average of 2.5 months
<br /> of Recreation revenues.
<br /> • The $787,000 reduction in Development Services Fees represents an average of
<br /> two months of Development Services fees revenues. During the period of the
<br /> Order, Community Development continues to issue a limited number of building
<br /> permits. As such, the staff expects Development Services Fee revenues to
<br /> perform better during this period than the other affected revenue categories.
<br /> Table 2. General Fund Revenues
<br /> FY 2019/20
<br /> FY 2018/19 Adjusted Recommended Mid-Year
<br /> Revenues Actual Budget Adjustments Budget
<br /> Property Taxes $69,930,012 $73,570,000 $0 $73,570,000
<br /> Sales& Use Taxes 22,959,956 22,000,000 (3,030,715) 18,969,285
<br /> Other Taxes 15,515,346 17,592,000 (1,500,000) 16,092,000
<br /> Development Services Fees 5,676,041 5,038,500 (787,000) 4,251,500
<br /> Recreation Fees 4,775,357 4,794,928 (985,683) 3,809,245
<br /> Other Revenues 7,174,744 6,895,190 0 6,895,190
<br /> Total $126,031,456 $129,890,618 ($6,303,398) $123,587,220
<br /> General Fund Expenditures — General Fund expenditure are expected to decrease by
<br /> a total of$2.9 million as detailed in Table 3 below.
<br /> Table 3. General Fund Expenses
<br /> FY 2019/20
<br /> FY 2018/19 Adjusted Recommended Mid-Year
<br /> Expenditure Categories Actual Budget Adjustments Budget
<br /> Personnel $82,048,188 $85,768,512 $85,768,512
<br /> Transportation &Training 1,503,646 1,988,083 (196,257) 1,791,826
<br /> Repairs& Maintenance 8,250,150 8,786,438 (1,610,923) 7,175,515
<br /> Materials & Supplies 21,253,063 23,045,814 (1,025,000) 22,020,814
<br /> Capital Outlay 321,943 440,890 (61,700) 379,190
<br /> Total Expenditures $113,376,990 $120,029,736 ($2,893,880) $117,135,856
<br /> Personnel Expenses — Staff are not recommending decreases to the Personnel budget.
<br /> However, staff expects there will likely be additional attrition savings during the next 2.5
<br /> months than estimated in the March 3, 2020 Midyear budget but staff is currently unable
<br /> to estimate what that will be. Any additional attrition savings will help off-set the need to
<br /> reduce CIP transfers to balance the General Fund budget.
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