FY 2018-19 and 2019-20 Adopted Operating and CIP Budget

General Fund Five-Year Projections (continued)

17-18

18-19

19-20

20-21

21-22

22-23

YEP

Adopted

Adopted

Forecast

Forecast

Forecast

Beginning Balance

16,126,405

17,032,465

15,338,632

14,263,681

14,015,731

13,871,618

Revenues & Trnfrs In

41,264,549

40,146,641

41,557,191

42,805,982

44,054,896

45,334,767

Exps/Trnsfers Out

(40,358,489)

(41,840,474)

(42,632,142)

(43,053,932)

(44,199,009)

(45,668,294)

Ending Balance

17,032,465

15,338,632

14,263,681

14,015,731

13,871,618

13,538,091

GF Fund Balance/Reserves (%)

41.3%

38.2%

34.3%

32.7%

31.5%

29.9%

REVENUE DETAIL

17-18 YEP

18-19

19-20

20-21

21-22

22-23

Adopted 7,530,600 3,848,232 9,866,124 (145,000) (120,000) 2,754,000 2,164,190 434,700

Adopted 7,566,312 3,925,197 443,394 10,457,632 (150,000) (220,000) 3,055,455 2,259,566 385,000

Forecast 7,860,000 4,082,000

Forecast 8,164,000 4,245,000

Forecast 8,480,000 4,415,000

Property Tax

7,267,000 3,664,983

VLF In-Lieu Property Tax

RDA Pass-Thru

414,000

461,000

479,000

498,000

Sales Tax

10,040,438 (145,000) (142,500) 2,700,000 2,073,000

10,656,000

10,858,000 (160,000) (220,000) 3,179,000 2,421,000 405,000

11,053,000

Cochrane Comm. Payments (1)

(160,000) (220,000) 3,117,000

(160,000) (220,000) 3,243,000 2,506,000

Other Payments (2)

Transient Occupancy Tax Franchise Fees - GF Public Safety Sales Tax Property Transfer Tax

2,339,000

362,000 481,000

380,000 505,000

395,000 528,000

415,000 555,000

515,000

541,000

Total Taxes

26,714,921

27,217,846

28,237,556

29,058,000

29,912,000

30,785,000

Business License Other Permits

190,000 35,109 225,109

196,000 36,800 232,800

202,000 37,940 239,940

207,050 38,889 245,939

212,226 39,861 252,087

217,532 40,857 258,389

Total Licenses/Permits

Parking Enforcement

17,200 70,637 87,837

17,750 71,500 89,250

18,285 73,645 91,930

18,742 75,486 94,228

19,211 77,373 96,584

19,691 79,308 98,999

Other Fines

Total Fines/Penalties

Motor Vehicle Fee

23,237

23,934 230,118 41,280 295,332

24,652 296,871

25,268 304,168 43,581 373,018

25,900 311,647 44,671 382,218

26,548 319,313 45,788 391,648

Law Enforcement Grants

955,528 86,180

Other

42,518

Total Other Agencies

1,064,945

364,042

City Recreation Programs

5,981,612 877,694 1,320,285 286,165 687,001 9,152,757

6,285,196 898,700 1,709,712

6,470,631

6,762,530

7,026,459 961,669 1,895,280

7,297,566

Facility Rentals

915,330

938,213

985,710

Gen Admin Overhd

1,795,198 304,712 649,544 10,135,415 290,148 227,752 327,751 845,650

1,849,054 312,330 665,658 10,527,784

1,942,662 328,141 699,104 11,253,183 307,907 245,264 335,375 888,546

Fire Fees

332,065 637,140

320,138 682,174

Other Charges

Total Current Services

9,862,813

10,885,719

Interest Earnings

115,500 211,288

237,434 221,155 352,290 810,879

295,951 233,446 329,774 859,171

301,870 239,282 331,849 873,001

Other Rentals Miscellaneous

2,029,237 2,356,025

Total Other Revenue

Transfer From Park Maint Transfer From Sewer/Water Transfer From Public Safety Transfers Rec Non GF Activities

-

-

-

-

-

-

694,050 151,595 75,000 742,310

698,753 125,000 75,000 738,968

703,690 125,000 75,000 738,968

708,875 125,000 75,000 738,968

714,318 125,000 75,000 738,968

720,034 125,000 75,000 738,968

Transfer from Gas Taxes/Sewer/Water

Transfers From Other Funds

-

-

-

-

-

-

Total Transfers In

1,662,955

1,637,721

1,642,658

1,647,843

1,653,286

1,659,002

TOTAL REVENUES

41,264,549

40,146,641

41,557,191

42,805,982

44,054,896

45,334,767

SPECIAL ANALYSIS 325