FY 2021 2122 ADOPTED OPERATING AND FY 2021 2526 CIP BUDGETS

General Fund Six-Year Forecast (continued)

18-19

19-20 YEP

20-21

21-22

22-23

23-24

24-25

25-26

Actual

Adopted

Adopted

Forecast

Forecast

Forecast

Forecast

Beginning Balance

17,604,727 43,424,576 (40,921,543) 17,924,089

17,924,089 39,784,568 (41,223,917) 16,484,740

16,484,740 39,631,603 (43,363,247) 12,753,095

12,753,095 43,435,456 (44,289,214) 11,899,337

11,899,337 45,903,747 (45,988,234) 11,814,850

11,814,850 47,062,570 (47,298,017) 11,579,403

11,579,403 48,258,900 (48,139,376) 11,698,926

11,698,926 49,090,431 (49,143,590) 11,645,768

Revenues/Transfers In Expenses/Transfers Out

Ending Balance

GF Fund Balance/Reserves (%)

41.3%

41.4%

32.2%

27.4%

25.7%

24.6%

24.2%

23.7%

GF Forecasted Operating margin:

319,362

(1,439,349)

(3,731,645)

(853,758)

(84,488)

(235,447)

119,524

(53,159)

REVENUE DETAIL

18-19

19-20 YEP

20-21

21-22

22-23

23-24

24-25

25-26

Actual

Adopted 8,634,000 4,451,000

Adopted 8,384,000 4,451,000

Forecast 8,957,000 4,540,000

Forecast 9,305,000 4,722,000

Forecast 9,667,000 4,911,000

Forecast 10,044,000 5,107,000

Property Tax

8,412,989 3,916,899

9,386,819 4,239,485

VLF In-Lieu Property Tax

RDA Pass-Thru

431,688

529,000

555,000

555,000

566,000

589,000

613,000

638,000

Sales Tax

10,487,960 (145,000) (95,466) 2,893,133 2,322,186

8,957,731 (200,000) (100,000) 2,200,000 2,279,566

8,327,793 (200,000) (100,000) 1,819,000 2,351,000

9,339,601 (200,000) (120,000) 3,235,300 2,375,000

10,500,000 (300,000) (120,000) 3,300,000 2,433,000

10,710,000 (300,000) (120,000) 3,366,000 2,492,000

10,924,000 (300,000) (120,000) 3,433,000 2,554,000

11,142,000 (300,000) (120,000) 3,502,000 2,616,000

Impact Fee Rebates (1) Sales Tax Rebates (2) Transient Occupancy Tax Franchise Fees - GF Public Safety Sales Tax Property Transfer Tax

404,135 549,247

345,000 415,000

343,075 436,000

399,000 541,000

419,000 563,000

427,000 586,000

436,000 609,000

445,000 633,000

Total Taxes

29,177,772

28,052,601

26,616,868

28,959,901

30,858,000

31,777,000

32,727,000

33,707,000

Business License Other Permits

201,762 46,736 248,498

150,000 41,185 191,185

154,500 70,124 224,624

159,135 80,045 239,180

162,318 81,646 243,963

165,564 83,278 248,843

168,875 84,944 253,819

172,253 86,643 258,896

Total Licenses/Permits

Parking Enforcement

70,186 102,694 172,880

95,506 70,000

18,079 73,645 91,724

18,571 75,854 94,425

18,942 77,371 96,313

19,321 78,919 98,239

19,707 80,497

20,101 82,107

Other Fines

Total Fines/Penalties

165,506

100,204

102,208

Motor Vehicle Fee

21,366 911,983 89,449

24,652 367,657 62,481 454,790

25,392 475,499 54,444 555,335

26,026 383,238 54,555 463,820

26,547 390,903 56,416 473,866

27,078 398,721 58,345 484,144

27,620 406,696 60,344 494,659 6,675,185 1,003,830 1,937,172

28,172 414,830 62,417 505,418

Law Enforcement Grants

Other

Total Other Agencies

1,022,799

City Recreation Programs

6,324,724

4,697,745

5,108,948

6,324,489

6,421,308

6,546,985

6,805,957 1,023,907 1,975,915

Facility Rentals

928,474

738,186

696,431

945,931

964,850

984,147

Gen Admin Overhd

1,706,112

1,791,416

1,780,917

1,825,440

1,861,949

1,899,188

Fire Fees

192,218 592,633

344,596 549,226

313,853 568,067

321,700 609,986

328,134 622,186

334,696 634,630

341,390 647,322

348,218 660,269

Other Charges

Total Current Services

9,744,161

8,121,169

8,468,216

10,027,546

10,198,427

10,399,646

10,604,899

10,814,265

Interest Earnings

313,142 205,828 885,932

290,148 244,757 470,474

246,626 569,736 374,894

251,558 571,879 383,095

256,589 579,834 388,046

261,721 587,947 390,289

266,956 596,224 394,068

272,295 604,665 397,964

Other Rentals Miscellaneous

Total Other Revenue

1,404,901

1,005,379

1,191,256

1,206,532

1,224,469

1,239,958

1,257,247

1,274,924

Transfer from Various Funds Transfer from Gas Taxes Transfer from Park Impact

-

180,000 685,248 75,000

225,000 699,706 75,000 650,000 708,875 125,000

180,000 699,735 75,000 650,000 714,318 125,000

180,000 747,710 75,000 650,000 720,034 125,000 310,965

180,000 747,739 75,000 650,000 726,036 125,000 310,965

180,000 747,769 75,000 650,000 732,338 125,000 310,965

180,000 747,800 75,000 250,000 738,955 125,000 310,965

738,968 75,000

Transfer From Park Maintaintenance

-

-

Transfer From Sewer/Water Transfer From Public Safety

698,760 140,836

703,690 150,000

Transfer from Development Services

- -

- -

- -

- -

Transfers From Other Funds

-

-

-

-

Total Transfers In

1,653,564

1,793,938

2,483,581

2,444,053

2,808,709

2,814,740

2,821,072

2,427,719

TOTAL REVENUES

43,424,576

39,784,568

39,631,603

43,435,456

45,903,747

47,062,570

48,258,900

49,090,431

SPECIAL ANALYSIS 325