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<br />City of San Leandro
<br />Mid-Year Performance Report
<br />
<br />Ending December 31,2006
<br />
<br /> REAL PROPERTY TRANSFER TAX Real Property Transfer Tax Revenue
<br />Month 2004-65 2065-06 2006-07
<br />JuJ $ 418,404 $ 560,253 $ 405,025
<br />Aug 438,590 531,329 362,772 .fJ $1,200
<br />Sep 426,383 580,422 370,184 c
<br /> ill $1,000
<br />Oct 431,079 608,794 369,604 "
<br /> 0
<br />Nov 524,970 363,491 380,964 .::: $800
<br /> f-
<br />Dec 475,889 1,033,452 413,930 $600
<br />6 mo, YTD $ 2,715,315 $ 3,677,741 $ 2,302,479
<br /> $400 , ....
<br />Jan 735,968 556,476
<br />Feb 596,044 401,813 $200
<br />MaT 581,716 457,556 $0
<br />ApT 533,627 553,981 Jul A ug Sep Oct ~y Oec Jan Feb Mar A pr May June
<br />May 363,202 368,714
<br />June 664,831 556,641 - , .. ' - 2004-05 __2005.06 ___ 2006-07
<br />Total $ 6,190,703 $ 6,572,922 $ 2,302,479
<br />
<br />
<br />. Related to the discussion on property taxes, vehicle license fee revenues primarily reflect the
<br />permanent reduction of the fee from 2% to 0.65% by the State. The loss oftrus revenue source has
<br />been replaced by an equal amount of property tax, which now increases at the rate of property
<br />assessed valuation growth, July 2005 reflects early repayment the 2003-04 VLF loan borrowed by the
<br />State.
<br />
<br /> VEIDCLE LICENSE FEES Vehicle License Fee Revenue
<br />Month 2004-05 2005-06 2006-07
<br />Jul $ 1,410,035 $ 44,077 <Il $1,600
<br /> 1:l
<br />Aug 96,779 19,482 59,019 ~ $1,400
<br />Sep 105,883 85,155 88,968 "
<br /> 0 $1,200
<br />Oct 22,140 35,460 62,202 .c:
<br /> f-
<br />Nov 81,407 38,226 42,944 $1,000
<br />Dec 16,596 19,988 18,343 $800
<br />6 mo, YTD $ 322,805 $ 1,608,346 $ 315,553
<br /> $600
<br />Jan 37,473 42,025 $400
<br />Feb 26,611 45,671
<br />MaT 8,364 12,915 $200
<br />ApT 46,764 58,724 $0
<br />May 33,002 46,545 Jul Aug Sep Oct ~y Oec Jan Feb Mar Apr May June
<br />June 21,902 49,960
<br />Total $ 496 921 $ 1 864,186 $ 315 553 - - .. ' - 2004-05 __ 2005-06 ___ 2006-07
<br />
<br />
<br />GENERAL FUND EXPENDITURES
<br />. At the end of the mid-year, overall expenditures are approximately $730k under budget or 49% of
<br />the annual budget.
<br />. The vacancy for the third School Resource Officer will be filled January 2007,
<br />. Finance initiated a new program to recover processing costs for Dill arrests and to seek damage
<br />collection made to City property. The program is self-funded with additional part-time hours.
<br />. Fire Department expenditures reflect the January 2007 contract payment made in December 2006.
<br />. The Main Library will open Sunday's beginning January 2007 from 12:00pm to 4:00pm.
<br />. The newly renovated Washington Manor Branch Library will re-open February 2007.
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