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Finance Highlights 2007 0501 v2
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Finance Highlights 2007 0501 v2
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6/6/2007 4:03:41 PM
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5/30/2007 11:55:22 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
5/1/2007
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Finance Highlights 2007 0501 v1
(Superseded)
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\City Clerk\City Council\Committees\Finance Committee
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<br />Finance Committee <br />April 26, 2007 <br /> <br />Page 3 <br /> <br />Park Development Fee Fund <br />Increase in Park Land Acquisition and Improvement Fees ENRC & CPI Escalation <br /> <br />Capital Improvement Projects Fund <br /> <br /> <br />Additional <br />Revenue <br /> <br />$ <br /> <br />5,315 <br /> <br />Increase in overhead utility conversion Fees <br /> <br />New Davis-Doolittle Traffic 1m act Fee <br />TOTAL CAPITAL IMPROVEMENT PROJECTS <br /> <br />ENRC Escalation with Base Year <br />Adjustment $ <br />ENRC Escalation <br /> <br />$ <br /> <br />3,960 <br />83 <br />4,043 <br /> <br />TOTAL PROJECTED ADDITIONAL REVENUE <br /> <br />$ <br /> <br />649,550 <br /> <br />* CPI - Consumer Price Index, ENRC - Engineering New Construction Cost Index <br /> <br />The report also includes an annual cpr increase to the Emergency Medical Services (EMS) Tax <br />and Business License Tax as allowed by San Leandro Municipal Code Sections 2-13-140 and <br />Section 2-2-500, respectively. The proposed changes will generate $143,375 in additional <br />General Fund revenue as follows: <br /> <br />Fund/Ci <br /> <br /> <br />Fire <br /> <br />Adjust Emergency Medical Services Tax <br /> <br />CPI Escalation as followed by <br />SLMC 2-13-140 <br /> <br />$ <br /> <br />16,375 <br /> <br />Finance <br />Increase in Businss License Tax <br /> <br />CPt Escalation <br /> <br />$ <br />$ <br /> <br />127,000 <br /> <br />TOTAL GENERAL FUND <br /> <br />143,375 <br /> <br />In summary, Staffrecommends Finance Committee approval of the proposed adjustments to City <br />user fees and service charges for effective July 1, 2007. Staff also recommends adjustment to <br />Emergency Medical Services Tax and the Business License Tax, in accordance with the San <br />Leandro Municipal Code. <br />
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