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Rev~Mue~ <br /> <br /> Based on revi~ed staff estimates, revenues are projected to be <br /> $1,842,801 greater than originally projected. The majority of <br /> the increase is in the following categories of revenues: <br /> <br /> Cateqory Amount <br /> <br /> Sales & Use Tax $ 500,000' <br /> Business License 100,000 <br /> Building Permit Fees 245,000 <br /> State Auto-In-Lieu 800,000 <br /> Planning & Zoning Fees 65 000 <br /> <br /> Total $1,710,000 <br /> <br />A majority of the increase is the State subvention, State Auto <br />-In-Lieu. As you may recall, the status of these 5tare monies <br />was unresolved at the time the city'5 budget was adopted. Also, <br />because there was a possibility that the cities in California <br />would not get this money, staff decided to prepare a budget that <br />was not dependent upon the receipt of these monies. Therefore, <br />these funds were not anticipated and did not exist in the <br />original budget revenue projections. <br /> <br />A detailed comparison of all general fund revenues by line item <br />account for the past six years is included in the Appendix of <br />this repor~ for Council's information. <br /> <br />Tax Revenues in Exce~s of the Appropriation Limit (Prop. 4) <br /> <br />At this time, it appears given the anticipated increase in tax <br />revenues, that the city's tax revenues will be greater than the <br />city's 1984/85FY Appropriation Limit (j.e., Proposition 4) by <br />approximately $G80,00. The following table summarizes the <br />Proposition 4 Analysis for the t882/83, 1983/84, and 1984/85 <br />fiscal years: <br /> <br /> <br />