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10
<br />Expenditures by Fund
<br />2016-17
<br />2017-18
<br />2018-19
<br />2019-20
<br />2020-21
<br />(Dollars in thousands)
<br />Actual
<br />Actual
<br />Adopted
<br />Proposed
<br />Proposed
<br />General Fund
<br />$ 101,997
<br />$109,379
<br />$117,316
<br />$116,790
<br />$120,349
<br />Special Revenue Funds
<br />12,756
<br />13,266
<br />21,031
<br />18,752
<br />18,182
<br />Capital Project Funds
<br />3,480
<br />7,641
<br />7,615
<br />5,300
<br />5,000
<br />Debt Service Funds
<br />19,092
<br />2,824
<br />2,770
<br />3,635
<br />3,630
<br />Enterprise Funds
<br />14,988
<br />16,799
<br />19,841
<br />18,865
<br />20,685
<br />Internal Service Funds
<br />19,363
<br />14,822
<br />17,621
<br />16,249
<br />16,124
<br />Successor Agency Funds
<br />3,333
<br />7,907
<br />4,021
<br />6,297
<br />6,842
<br />Total Operating Expenditures $ 175,011 $172,638 $190,215 $185,888 $190,812
<br />GENERAL FUND
<br />The General Fund finances the operations of the City that have no special or dedicated
<br />revenue sources. This Fund pays for the basic operations of the City. Over one-half of
<br />the General Fund revenue is allocated to support public safety activities. Fiscal Years
<br />2019-20 and 2020-21 General Fund expenditures total $116,790,000 and $120,349,000,
<br />respectively. Expected revenues in the amount of $116,867,000 and $118,045,000
<br />finance these anticipated expenditures.
<br />GENERAL FUND REVENUE
<br />In fiscal year 2018-19, overall revenues from taxes, franchises, licenses and permits,
<br />fines and penalties, money and property, and charges for services are projected to
<br />increase by 3.4% over 2017-18. Of the projected general fund revenue $115,255,000 in
<br />2018-19, 68% is generated from only three sources: sales tax, property tax, and UUT.
<br />$20,000,000 is added to the General Fund Revenue, representing an extraordinary item
<br />resulting from the December 2018 lease revenue bond issue for the General Fund
<br />contribution to the CIP.
<br />General Fund Revenues/Resources 2016-17 2017-18 2018-19 2019-20 2020-21
<br />(Dollars in thousands)
<br />Actual
<br />Actual
<br />Projected
<br />Proposed
<br />Proposed
<br />Property Tax
<br />$ 20,858
<br />$ 22,994
<br />$ 23,660
<br />$ 24,441
<br />$ 25,243
<br />Sales Tax
<br />41,728
<br />42,990
<br />43,565
<br />45,061
<br />44,556
<br />Utility User Tax
<br />10,932
<br />10,640
<br />10,414
<br />10,798
<br />10,898
<br />Real Property Transfer Tax
<br />5,459
<br />5,176
<br />5,000
<br />5,000
<br />5,000
<br />All Other Revenue
<br />26,976
<br />29,789
<br />52,617
<br />31,567
<br />32,348
<br />Total Revenues/Resources
<br />$ 105,953
<br />$111,589
<br />$135,255
<br />$116,867
<br />$118,045
<br />Sales tax revenue is projected to increase by 2.3% in 2019-20 and decrease 1.1% in
<br />2020-21. Sales tax revenues for both years amount to approximately 39% of total general
<br />fund revenues/resources. These revenues include Measure HH amounts of over $11
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