Page 468 - FY 2022-23 Proposed Budget

$50 million. Given the anticipated increase in interest rates and the wider
economic impact those rates may have, this does not seem impossible.
However, absent any solid evidence that this is starting to happen, our
projection is that prices will continue to rise, but increasing interest rates will
begin to have an impact on the number of transactions.

Licenses, Permits, Fees and Fines

Licenses, Permits, Fees and Fines (LPFF) revenues, which represents 16.6
percent of the Adopted Budget General Fund receipts, are broken into four
sub-categories: LPFF, Services to Proprietary Departments, Ambulance Billing,
and Reimbursements from Other Funds.

City department services to proprietary departments, such as fire protection,
construction inspection, and City Attorney legal services for Airports, Water
and Power, and Harbor make up the “Services to Proprietary Departments”
category.

The largest category, “Reimbursement from Other Funds”, consists of special
fund reimbursements for costs that are paid for by the General Fund for central
services such as payroll, leasing and fleet, and fringe benefits such as health
insurance and retirement, as well as reimbursements to the City from other
governmental agencies such as Metro and LAUSD, for services like policing
and election administration.

Ambulance Billing represents cost recovery for emergency transport provided
by the Fire Department. The remaining revenues (23.1 percent) consist of
fees for special services such as animal licenses, engineering permits, fire
brush clearance fees, as well as numerous other smaller revenues.

Exhibit 4 presents the budgeted and estimated 2021-22 and projected 2022-
23 LPFF revenues by category.

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