Page 25 - FY 2022-23 Revenue Outlook

General Fund Revenue Outlook
Fiscal Years 2021-22 through 2026-27

General Assumptions
State Motor Vehicle The original revenue transfer was eliminated by the State in fiscal year 2010-11.
License Fees However, a special apportionment of excess revenue remains, with prior-year
remittances falling between $1.5 million and $3.2 million. The 2021-22 remittance
of $4.5 million was atypical, comparatively. The estimate for 2022-23 and
outgoing years uses the midpoint between the previous and new upper limits
($3.2 million and $4.5 million).
Reserve Fund and A Reserve Fund transfer is included in the 2021-22 adopted budget and is
Budget Stabilization recommended for the 2022-23 proposed budget. No Budget Stabilization Fund
Fund Transfers (BSF) transfer is included in either year. No transfers from the Reserve Fund or
BSF are assumed for outgoing years.
American Rescue 2021-22 revenue represents the second transfer of federal relief funds provided
Plan Fund Transfer in response to the COVID-19 pandemic.

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