Page 463 - 2020-21 Budget Summary

DISCUSSION

Revenue Projections for 2019-20 and 2020-21

EXHIBIT 1
TOTAL GENERAL FUND REVENUE
(dollar amounts expressed in thousands)

Controller's March 1, 2020
Estimated Receipts % Change
2019-20 2020-21
2019-20 2019-20 2020-21 Estimate/ Projected/
Adopted Estimate Estimate 2019-20 2019-20
Budget Budget Estimate
(a) (b) (c) (b) / (a) (c) / (b)

$ 6,569,749 $ 6,612,621 $ 6,822,139 0.65% 3.17%

The City’s General Fund revenue comes from a wide variety of sources, the
largest of which is property tax, which represents just under one third of all
General Fund revenue. Other major revenue sources include utility users’ tax,
sales tax, business tax, transient occupancy tax, the power revenue transfer,
documentary transfer tax, and licenses, permits, fees and fines. The chart
below illustrates this diversity.

General Fund Receipts
(amounts expressed in thousands)
8,000,000
6,000,000
4,000,000
2,000,000
0

Property Tax Utility Users' Tax Sales Tax
Business Tax Transient Occupancy Tax Licenses, Permits, Fees and Fines
Other Revenues

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