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Revenues: <br />• Property taxes show an increase of $1.1 million or 6.1% when compared to the 2014-15 fiscal year. <br />• Sales tax revenue continues to increase. Compared to the 2014-15 fiscal year, sales tax grew by $9.4 <br />million which can be attributed to the continued growth of consumer confidence in the city and the <br />passage of the Measure HH sales tax add on which increased the overall sales tax rate for the City by 0.25%. The City’s largest sales tax producing sectors were Transportation and Food Products. The Business to Business and Construction sectors also contributed to Sales Tax growth. On a more <br />granular level, the City saw significant sales tax revenue growth in Auto Sales – New, Electronic <br />Equipment, Heavy Industry, Building Materials – Retail, and Office Equipment. Service Stations saw <br />a decline due to continued decreases in the price of gasoline. <br />• Charges for services in Governmental activities are primarily fees for recreation, building, fire, <br />planning and engineering. The Governmental Activities increase of $489,000 is mainly due to the <br />large projects in the city such as the Marea Alta Mixed-Use Housing development and Tech Campus <br />as well as some smaller projects throughout San Leandro, and the 21st Amendment Brewery. The Business Activities decrease of $888,000 is primarily due to less one-time storm water utility <br />connection fees charged to industrial customers. The net impact is a $399,000 decrease to all charges <br />for service. <br /> <br />• Operating grants, capital grants and contributions include Federal and State grants and other governments and private contributions, including impact fees. Operating grants, capital grants and <br />contributions were decreased by $1.6 million in 2015-16 due to high value of engineering projects <br />present in FY 2014-15 that were not present in FY 2015-16. <br /> <br />• Miscellaneous revenues show an increase of $7.4 million and this is mainly due to a one-time $4.0 <br />million settlement agreement payment received by the Water Pollution Control Plant and the re- <br />entering of $2.3 million loan agreement between the City and the Successor Agency to the <br />Redevelopment Agency. <br /> <br /> <br /> <br />11