Alameda City Council
May 10, 2022

Exhibit 2
2020‐21
Actual
2021‐22
Mid‐Year
2022‐23
Baseline
2022‐23
Mid‐Cycle
Revenues
Property Tax 49,310,947           50,365,000          49,964,000          53,260,000 Sales Tax 19,439,880           19,080,000          19,049,900          21,389,900 Property Transfer Tax 18,536,929           15,000,000          12,000,000          13,000,000 Utility Users Tax 9,091,389              8,652,500             8,659,500             9,192,500 Franchise Taxes 4,211,074              3,996,000             3,949,000             3,949,000 Business License Tax 2,253,820              2,200,000             2,200,000             2,300,000 Transient Occupancy Tax 1,996,230              2,200,000             1,600,000             2,400,000 Other Taxes 1,362,667              1,300,000             1,300,000             1,322,000 Fees and Charges for Services 6,052,237             6,798,100             6,956,511             7,284,421 Transfers In 9,978,478              4,387,000             4,528,000             4,528,000 Investment and Property Income 1,487,852             2,273,311             2,414,903             2,510,103 Intergovernmental Revenue 2,442,894              1,132,800             1,108,000             1,108,000 Fines/Forfeiture/Penalty 689,446                 110,100                110,100                110,100 Other Revenue 243,457                 123,600                135,600                410,600 Licenses and Permits 64                           850                        850                        850 127,097,363        117,619,261        113,976,364        122,765,474 Expenditures
Salaries and Employee Benefits 69,194,947          77,499,465          81,394,841          84,441,701 Fire 29,734,275         32,229,347         34,807,663         36,339,493 Police 27,358,450         32,950,623         33,589,256         33,803,619 Recreation & Parks 4,536,439            4,987,962            5,497,976            6,258,444 Other Departments 7,565,783            9,149,533            9,372,946            9,913,145 Vacancy Savings (1,818,000)          (1,873,000)          (1,873,000) Operating Expenditures 11,439,001           15,735,847          15,508,904          16,175,215 Transfers Out 9,901,078              10,535,000          7,156,940             9,656,940 Cost Allocation 9,273,133              13,214,639          13,632,406          14,190,603 Debt Service 231,270                 190,351                235,000                235,000 Capital Outlay 53,704                   6,500                     7,000                     226,000 100,093,133        117,181,802        117,935,091        124,925,459 Pension/OPEB Advance Paydown 10,000,000          9,214,815 110,093,133        126,396,617        117,935,091        124,925,459 Revenues Less Expenditures
Baseline Operations 27,004,230           437,459                (3,958,727)           (2,159,985) With Pension/OPEB Reserve Payment 17,004,230          (8,777,355) General Fund
Budget Summary