Page 78 - FY 2021--22 Revenue Outlook

REVENUE MONTHLY STATUS REPORT
Franchise Income - All Sources
(Thousand Dollars)

2017-18 2018-19 2019-20 2020-21 2021-22
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 853 4,359 833 194 229 35 229 297
AUGUST 8,483 9,810 17,166 18,496 17,979 (516) 17,979 21,097
SEPTEMBER 420 4,043 982 245 94 (151) 94 245
OCTOBER 816 4,448 1,004 424 460 36 460 264
NOVEMBER 8,652 8,280 16,039 18,341 17,960 (380) 17,960 21,627
DECEMBER 405 2,675 5,520 245 126 (119) 126 245
JANUARY 770 8,750 9,591 245 1,683 1,438 1,683 245
FEBRUARY 12,393 18,029 9,952 21,956 20,398 (1,557) 20,398 22,903
MARCH 5,474 2,147 1,912 1,747 2,783 1,036 2,783 517
APRIL 1,308 1,115 581 984 316 245
MAY 13,831 15,056 15,202 20,624 21,232 24,187
JUNE 3,464 5,602 5,237 (2,273) (1,018) 2,745
TOTAL $ 56,869 $ 84,314 $ 84,020 $ 81,226 $ 82,243 $ 94,617
% Change 29.8% 48.3% -0.3% -3.3% -2.1% 15.0%
2017-18 2018-19 2019-20 2020-21 2021-22
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 853 4,359 833 194 229 35 229 297
AUGUST 9,335 14,169 17,998 18,690 18,208 (481) 18,208 21,394
SEPTEMBER 9,755 18,212 18,980 18,935 18,302 (632) 18,302 21,639
OCTOBER 10,572 22,659 19,984 19,359 18,762 (597) 18,762 21,903
NOVEMBER 19,223 30,940 36,023 37,699 36,722 (977) 36,722 43,530
DECEMBER 19,629 33,615 41,544 37,944 36,848 (1,096) 36,848 43,775
JANUARY 20,399 42,365 51,135 38,189 38,531 342 38,531 44,020
FEBRUARY 32,792 60,394 61,088 60,145 58,930 (1,215) 58,930 66,923
MARCH 38,266 62,541 63,000 61,892 61,713 (179) 61,713 67,440
APRIL 39,574 63,656 63,581 62,876 62,029 67,685
MAY 53,405 78,712 78,783 83,499 83,261 91,872
JUNE 56,869 84,314 84,020 81,226 82,243 94,617

Franchise income records fees collected from City franchisees. This includes natural gas distributors, cable TV
operators, solid waste collection companies, official police garages and taxi cabs, as well as other businesses
that operate as a result of obtaining a City franchise.

Revised franchise revenue in 2019-20 has been increased to reflect higher estimated receipts in natural gas, the
resumed collection of taxicab franchise revenue, and the drop in official police garage (OPG) receipts, reflecting
reduced parking enforcement during the pandemic. Growth in 2021-22 revenue reflects the redirection of cable
television franchise fees to the General Fund and the recovery of OPG receipts with renewed parking
enforcement.

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