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Finance Highlights 2011 0506
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Finance Highlights 2011 0506
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6/2/2011 3:56:37 PM
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6/2/2011 3:54:58 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
5/6/2011
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_CC Agenda 2011 0606
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\City Clerk\City Council\Agenda Packets\2011\Packet 2011 0606
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• <br /> 5/6/2011 7:56 AM <br /> Measure Z — cent Sales Tax <br /> • Passed in November 2010 <br /> • Effective April 1, 2011 <br /> • Expires in March 31, 2018 (7 -year temporary tax) <br /> • New revenue maintains service levels at FY 2011 level <br /> • Saved fire ladder truck and firefighters <br /> • Maintains police staffing <br /> • Keeps two branch libraries open <br /> • Avoids deeper service cuts <br /> • Allows for economy to recover and revenue to rebound <br /> FY 2011 -12 Revenues by Fund <br /> Internal Svc $ 125,085,926 <br /> Funds <br /> e% RDA <br /> • <br /> Debt 13% <br /> Svc /CIP <br /> 2% <br /> General <br /> Enterprise Fund <br /> Funds 57% <br /> 13% N • <br /> Special Rev 4 <br /> Funds <br /> 6% O <br /> 2 <br />
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