Page 463 - FY 2021-22 Proposed Budget

In 2020-21, total LPFF is estimated to be $1,274.7 million, $60.6 million
($185.6 million without COVID 19 Federal Relief Fund transfer) below budget.
For purposes of discussion, comparison, and budget balancing, we have
excluded the $125 million transfer from the COVID 19 Federal Relief Fund
which was used to repay a 2019-20 loan from the Building and Safety Building
Permit Enterprise Fund. After excluding this amount the total is $1,149.7
million, $48.6 million below the 2019-20 total. We expect shortfalls in all
categories but most notably in permits and fees ($74.5 million) due to
substantial reduction in services provided, and related costs reimbursements
for various departments ($48.9 million excluding the COVID 19 Federal Relief
Fund transfer), mainly attributable to vacancies. The 2021-22 LPFF, projected
to $1,163.1 million, is 1.17 percent above the 2020-21 estimated actuals
excluding the $125 million transfer, and 12.89 percent below the 2020-21
Approved Budget.

Other Significant Revenues

Exhibit 5 depicts other revenues such as Franchise Income, Parking Fines,
Power Revenue Transfer, and Ex-CRA Tax Increment. The revenue estimates
are provided by various departments responsible for administration of the
program(s) and/or collection and transmittal of the receipts to the General
Fund.

EXHIBIT 5

OTHER SIGNIFICANT REVENUES
(amounts expressed in thousands)
% Change over
2020-21
Approved Budget Estimated Receipts Approved Budget
FY 2021 2020-21 2021-22 2020-21 2021-22
(a) (b) (c) (b) / (a) (c) / (a)
Franchise Income $ 81,226 $ 77,135 $ 76,743 -5.04% -5.52%
Parking Fines 140,477 94,583 100,704 -32.67% -28.31%
Power Revenue Transfer 224,100 218,400 219,050 -2.54% -2.25%
Ex-CRA Tax Increment 95,900 103,623 99,097 8.05% 3.33%

Franchise income is collected from City franchisees, including distributors of
natural gas, cable TV operators, and others such as official police garages.
RecycLA, the solid waste collection franchise system for commercial, industrial

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