Page 5 - FY 2022-23 Revenue Outlook

TABLE OF CONTENTS

Section
1 OVERVIEW
Preface…………………………………………………………………………… 1
Revenue Summary…………………………………………………………… 3
2022-23 Revenue Assumptions……………………………………………… 5
General Fund Outlook: 2021-22 to 2026-27………………………………… 11

2 GENERAL RECEIPTS
Property Tax…………………………………………………………………… 17
Property Tax - Redirection of CRA Increment……………………………… 38
Business Tax…………………………………………………………………… 41
Sales Tax………………………………………………………………………… 44
Utility Users Tax………………………………………………………………… 51
Documentary Transfer Tax…………………………………………………… 56
Transient Occupancy Tax……………………………………………………… 60
Transfer from the Power Revenue Fund…………………………………… 63
Parking Fines…………………………………………………………………… 64
Grant Receipts………………………………………………………………… 65
Franchise Income……………………………………………………………… 66
Parking Occupancy Tax……………………………………………………… 74
Interest Income………………………………………………………………… 75
Transfer from the Special Parking Revenue Fund ………………………… 76
Tobacco Settlement…………………………………………………………… 77
Residential Development Tax………………………………………………… 78
State Motor Vehicle License Fees…………………………………………… 79
Transfer from the American Rescue Plan Fund…………………………… 80
Transfer from the Reserve Fund……………………………………………… 81
Transfer from the Budget Stabilization Fund………………………………… 83
3 DETAIL OF DEPARTMENTAL RECEIPTS 83
Departmental Receipts Plan by Month……………………………………… 83
Summary by Department………………………………………………...…… 84
Summary by Special Categories……………………………………………… 85
Significant Changes, Actuals 2020-21 to Revised 2021-22……………… 86
Significant Changes, Adopted 2021-22 to Revised 2021-22……………… 87
Significant Changes, Revised 2021-22 to Proposed 2022-23…………… 88
Special Categories
Ambulance……………………………………………………………… 89
Services to Airports…………………………………………………… 90
Services to Harbor…………………………………………………… 91