Page 4 - FY 2021--22 Revenue Outlook

TABLE OF CONTENTS

Section
1 OVERVIEW
Preface…………………………………………………………………………… 1
Revenue Summary…………………………………………………………… 3
The Economy and Revenue Assumptions…………………………………… 5
General Fund Outlook: 2020-21 to 2025-26………………………………… 14

2 GENERAL RECEIPTS
Property Tax…………………………………………………………………… 19
Property Tax - Redirection of CRA Increment……………………………… 40
Business Tax…………………………………………………………………… 43
Sales Tax………………………………………………………………………… 47
Utility Users Tax………………………………………………………………… 54
Transfer from the Power Revenue Fund…………………………………… 59
Documentary Transfer Tax…………………………………………………… 60
Transient Occupancy Tax……………………………………………………… 64
Parking Occupancy Tax……………………………………………………… 67
Parking Fines…………………………………………………………………… 68
Franchise Income……………………………………………………………… 69
Grant Receipts………………………………………………………………… 77
Interest Income………………………………………………………………… 78
Tobacco Settlement…………………………………………………………… 79
Transfer from the Special Parking Revenue Fund ………………………… 80
Residential Development Tax………………………………………………… 81
State Motor Vehicle License Fees…………………………………………… 82
Transfer from the American Rescue Plan Fund…………………………… 83
Transfer from the Reserve Fund……………………………………………… 84
Transfer from the Budget Stabilization Fund………………………………… 85
3 DETAIL OF DEPARTMENTAL RECEIPTS 85
Departmental Receipts Plan by Month……………………………………… 85
Summary by Department………………………………………………...…… 86
Summary by Special Categories……………………………………………… 87
Significant Changes, Actuals 2019-20 to Revised 2020-21……………… 88
Significant Changes, Adopted 2020-21 to Revised 2020-21……………… 89
Significant Changes, Revised 2020-21 to Proposed 2021-22…………… 90
Special Categories
Ambulance……………………………………………………………… 91
Services to Airports…………………………………………………… 92
Services to Harbor…………………………………………………… 93