ATTACHMENT A
APPROPRIATION (GANN) LIMIT GAP CALCULATION
FOR FISCAL YEAR 2023-24
FY 2023-24
Proceeds of Taxes Adopted Budget
Property Taxes 46,000,996
Property Tax in Lieu of VLF 29,290,041
Sales and Use Taxes 102,761,522
Transient Ocupancy Taxes 7,724,829
Utility Taxes 3,838,095
Other Local Taxes
Franchise Fees 14,807,521
Short-Term Rentals/RV Park TOT 1,624,891
Real Property Transfer Tax 1,418,310
Cannabis Excise Tax 2,777,510
Business License 1,597,484
State Motor Vehicle Licenses 255,738
State Homeowners Property Taxes 228,246
State Subventions (BSCC Prop 64) 1,000,000
State Subventions (BSCC Wellness Mental Health) 163,585 Total Proceeds of Taxes 213,488,768
Appropriation Limit 1,283,136,594
GAP (Under Limit) (1,069,647,826)
$0
$200
$400
$600
$800
$1,000
$1,200
$1,400
FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24
Millions
Proceeds of Taxes Compared to Legal
Spending Limit
Proceeds of Taxes