Page 50 - FY 2021--22 Revenue Outlook

REVENUE MONTHLY STATUS REPORT
Redirection of CRA Funds - Tax Increment Revenue
(Thousand Dollars)

2017-18 2018-19 2019-20 2020-21 2021-22
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - - - - -
AUGUST - - - - - - - -
SEPTEMBER - - - - - - - -
OCTOBER - - - - - - - -
NOVEMBER - - - - - - - -
DECEMBER - - - - - - - -
JANUARY 25,165 32,568 30,311 32,040 53,630 21,590 53,630 59,240
FEBRUARY - - - - - - - -
MARCH - - - - - - - -
APRIL - - - - - -
MAY - - - - - -
JUNE 54,145 58,765 52,325 63,860 50,024 49,670
TOTAL $ 79,311 $ 91,333 $ 82,635 $ 95,900 $ 103,653 $ 108,910
% Change 6.7% 15.2% -9.5% 16.1% 25.4% 5.1%
2017-18 2018-19 2019-20 2020-21 2021-22
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - - - - -
AUGUST - - - - - - - -
SEPTEMBER - - - - - - - -
OCTOBER - - - - - - - -
NOVEMBER - - - - - - - -
DECEMBER - - - - - - - -
JANUARY 25,165 32,568 30,311 32,040 53,630 21,590 53,630 59,240
FEBRUARY 25,165 32,568 30,311 32,040 53,630 21,590 53,630 59,240
MARCH 25,165 32,568 30,311 32,040 53,630 21,590 53,630 59,240
APRIL 25,165 32,568 30,311 32,040 53,630 59,240
MAY 25,165 32,568 30,311 32,040 53,630 59,240
JUNE 79,311 91,333 82,635 95,900 103,653 108,910

Tax increment estimates are preliminary and subject to change based on many factors such as interpretation of
legislation relative to enforceable obligations and the recommendations and decisions made by the Governing
Board, Oversight Board and the State Department of Finance (DOF). Distributions occur only after accounting for
certain fees, pass-throughs and enforceable obligations. Revenues are received in advance of the allocation
period. Revised 2020-21 revenue is based on the County Auditor-Controller's estimate for the June 2021
remittance. Estimated 2021-22 revenue assumes average tax increment growth and uses the approved CRA/LA
enforceable obligations amount to be applied against the January 2022 distribution.

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