Page 318 - 2020-21 Budget Summary

SPECIAL PURPOSE FUND SCHEDULES
SCHEDULE 15
PARK AND RECREATIONAL SITES AND FACILITIES FUND
Section 21.10.3 of the Los Angeles Municipal Code imposes the Dwelling Unit Construction Tax upon every person who constructs
any new dwelling unit in the City. The tax applies to new dwelling units created by new construction or modification of existing
structures and also to new mobile home park sites. The rate of tax is $200 per dwelling unit. Funds received from this tax are used
exclusively for the acquisition and development of park and recreational sites and facilities.
Total
Actual Estimated Budget
2018-19 2019-20 2020-21
REVENUE
17,960,854 21,871,317 Cash Balance, July 1 21,871,317
Less:
- - PYUNEXPAPPR1 Prior Years' Unexpended Appropriations 21,871,317
17,960,854 21,871,317 Balance Available, July 1 -
3,280,963 2,900,000 11,741 Dwelling Unit Construction Tax 2,470,000
4,184,111 - 11,806 Reimbursement from Other Agencies -
25,425,928 24,771,317 Total Revenue 2,470,000

EXPENDITURES APPROPRIATIONS
370,909 - 375 General Services -
31,799 - 753 Zoo -
Special Purpose Fund Appropriations:
199,980 2,900,000 860 CIEP - Municipal Facilities 2,470,000
72,779 - 10,567.83 Albion Riverside Park -
363,240 - 10,567.84 Algin Sutton Rec Center -
36,294 - 10,567.84 Alpine Recreation Center -
696,416 - 10,572.13 Eagle Rock Dog Park Project -
136,289 - 10,574.25 Lincoln Park Pool -
20 - 10,574.5 Los Angeles Zoo Health Center -
193,095 - 10,574.75 Proposition K Projects Fund -
1,623 - 10,576 Rockwood Pocket Park -
104,240 - 10,580.63 Woodland Hills Recreation Center -
1,347,927 - 10,580.75 Zoo Enterprise Trust Fund -

3,554,611 2,900,000 Total Appropriations 2,470,000

21,871,317 21,871,317 Ending Balance, June 30 -

* Allocations to specific projects will be provided by the City Administrative Officer in accordance with Council policy or direction.
The City Administrative Officer is further authorized to approve all necessary appropriation documents to implement the allocation
to specific projects. For 2020-21, funding will be allocated in amounts based on final bid results for active projects currently pending
award and to address funding shortfalls for Proposition K projects in order to leverage other supplemental funding sources and to
satisfy the City's obligation to complete various program requirements.

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