Page 5 - FY 2020-21 Revenue Outlook

TABLE OF CONTENTS

Section
1 OVERVIEW
Preface…………………………………………………………………………… 1
Revenue Summary……………………………………………………………… 3
The Economy and Revenue Assumptions…………………………………… 5
General Fund Outlook: 2019-20 to 2024-25………………………………… 12

2 GENERAL RECEIPTS
Property Tax……………………………………………………………………… 18
Property Tax - Redirection of CRA Increment……………………………… 40
Utility Users Tax………………………………………………………………… 43
Business Tax…………………………………………………………………… 48
Sales Tax………………………………………………………………………… 51
Transient Occupancy Tax……………………………………………………… 58
Transfer from the Power Revenue Fund……………………………………… 61
Documentary Transfer Tax…………………………………………………… 62
Parking Fines…………………………………………………………………… 66
Parking Occupancy Tax………………………………………………………… 67
Franchise Income……………………………………………………………… 68
Transfer from the Special Parking Revenue Fund ………………………… 76
Interest Income………………………………………………………………… 77
Grant Receipts…………………………………………………………………… 78
Tobacco Settlement…………………………………………………………… 79
Residential Development Tax………………………………………………… 80
State Motor Vehicle License Fees…………………………………………… 81
Transfer from the Reserve Fund……………………………………………… 82
Transfer from the Budget Stabilization Fund………………………………… 83
3 DETAIL OF DEPARTMENTAL RECEIPTS 83
Licenses, Permits, Fees and Fines Plan by Month………………………… 83
Summary by Department………………………………………………...…… 84
Summary by Special Categories……………………………………………… 85
Significant Changes, Actuals 2018-19 to Revised 2019-20………………… 86
Significant Changes, Adopted 2019-20 to Revised 2019-20……………… 87
Significant Changes, Revised 2019-20 to Proposed 2020-21……………… 88
Special Categories
Ambulance……………………………………………………………… 89
Services to Airports…………………………………………………… 90
Services to Harbor……………………………………………………… 91