Hercules City Council
November 14, 2023

Description Budget
FY 23-24
1st Quarter
%
Collected
FY 22-23
1st Quarter
$ Change from
Prior Year
% Change
from Prior
Year
Sales Tax 6,178,700 1,659,605 27% 1,604,813 54,792 3% Utility User Tax 3,756,633 962,744 26% 960,167 2,577 0% Vehicle License Fee (VLF)2,512,260 - 0% - - 0% Property Taxes 1,603,000 - 0% - - 0% Franchise Fees 923,100 167,926 18% 161,502 6,424 4% Business Licenses 279,480 45,080 16% 42,781 2,299 5% Transfer Tax 148,920 21,058 14% 17,252 3,806 22% Transient Occupancy Tax 116,280 - 0% - - 0% Intergovernmental 48,960 18,905 39% 1,213 17,692 1459% Fines & Forefeitures 38,760 2,916 8% 7,072 (4,156) -59% Program Revenues
Community Development 173,075 41,978 24% 43,744 (1,766) -4% Parks and Recreation 1,300,640 387,846 30% 379,127 8,719 2% Police 116,700 10,437 9% 18,304 (7,867) -43% Public Works 104,854 6,888 7% 23,692 (16,804) -71% Other 11,220 1,812 16% 3,383 (1,571) -46% Use of Money & Property 292,320 59,313 20% 58,432 881 2% Cost allocated to other funds736,352 186,256 25% 171,000 15,256 9% Transfers In 156,727 39,182 25% 37,500 1,682 4% 18,497,981 3,611,946 20% 3,529,982 81,964 2% $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000Sales TaxUtility User TaxVehicle License Fee (VLF)Property TaxesOther TaxesIntergovernmentalFines & ForefeituresProgram RevenuesUse of Money & PropertyCost allocated to other fundsTransfers InCity of HerculesGeneral Fund Year-to-date Revenue Report through 9/30/2023Estimated Revenues vs. Actual FY 22-23 1st QuarterFY 23-24 1st QuarterBudget