City Council
City of Hermosa Beach
Adjourned Meeting Agenda - Final
City Hall
1315 Valley Drive
Hermosa Beach, CA 90254
Mayor
Michael Detoy
Mayor Pro Tem
Raymond Jackson
Councilmembers
Stacey Armato
Mary Campbell
Justin Massey
Thursday, March 3, 2022 5:00 PM
Hybrid virtual/in-person meetings are held pursuant to AB361 Face masks required for all in-person attendance
Duly posted on February 28, 2022 at 4:00 p.m. by A.Y.
1 City Council Adjourned Meeting Agenda - March 3, 2022 Final
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2 City Council Adjourned Meeting Agenda - March 3, 2022 Final
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3 City Council Adjourned Meeting Agenda - March 3, 2022 Final
I. CALL TO ORDER
II. PLEDGE OF ALLEGIANCE
III. ROLL CALL
IV. ANNOUNCEMENTS - UPCOMING CITY EVENTS
V. APPROVAL OF AGENDA
VI. PUBLIC PARTICIPATION: Although the City Council values your comments, the Brown Act generally prohibits the Council from taking action on any matter not listed on the posted agenda as a business item. Comments from the speaker are limited to three minutes per speaker.
VII. OPENING REMARKS: City Manager Suja Lowenthal
VIII. STUDY SESSION
a. REPORT
22-0121
REVENUE STUDY SESSION
(Finance Director Viki Copeland)
Recommendation: Staff recommends City Council receive the staff presentation and discuss the Revenue Study Session Discussion Items (Attachment 2) and the updates provided herein.
IX. PUBLIC PARTICIPATION: Although the City Council values your comments, the Brown Act generally prohibits the Council from taking action on any matter not listed on the posted agenda as a business item. Comments from the speaker are limited to three minutes per speaker.
X. MUNICIPAL MATTER
a. REPORT
22-0125
CONSIDERATION OF TAKING ACTION OR GIVING DIRECTION TO
STAFF ON ITEMS FROM THE REVENUE STUDY SESSION
(Finance Director Viki Copeland)
Recommendation: Staff recommends City Council discuss the Revenue Study Session Discussion Items (Attachment 2) and provide staff direction.
XI. ADJOURNMENT
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4 City Council Adjourned Meeting Agenda - March 3, 2022 Final
FUTURE MEETINGS AND CITY HOLIDAYS
CITY COUNCIL MEETINGS:
March 8, 2022 - Tuesday - 5:00 PM - Closed Session,
6:00 PM - City Council Meeting
March 22, 2022 - Tuesday - 5:00 PM - Closed Session,
6:00 PM - City Council Meeting
March 31, 2022 -Thursday - Adjourned Regular Meeting:
5:00 PM - ADA Study Session
April 12, 2022 - Tuesday - 5:00 PM - Closed Session,
6:00 PM - City Council Meeting
April 21, 2022 -Thursday - Adjourned Regular Meeting:
5:00 PM - FY 2022-2023 CIP Study Session
April 26, 2022 - Tuesday - 5:00 PM - Closed Session,
6:00 PM - City Council Meeting
May 10, 2022 - Tuesday - 5:00 PM - Closed Session,
6:00 PM - City Council Meeting
May 24, 2022 - Tuesday - 5:00 PM - Closed Session,
6:00 PM - City Council Meeting
June 2, 2022 -Thursday - Adjourned Regular Meeting:
5:00 PM - Budget Study Session
June 14, 2022 - Tuesday - 5:00 PM - Closed Session,
6:00 PM - City Council Meeting
June 28, 2022 - No meeting due to lack of quorum
July 12, 2022 - Tuesday - 5:00 PM - Closed Session,
6:00 PM - City Council Meeting
July 21, 2022 -Thursday - Adjourned Regular Meeting:
6:00 PM - Joint meeting with all Boards/Commissions
July 26, 2022 - Tuesday - 5:00 PM - Closed Session,
6:00 PM - City Council Meeting
August 4, 2022 -Thursday - Adjourned Regular Meeting:
5:00 PM - Study Session
August 9, 2022 - Tuesday - 5:00 PM - Closed Session,
6:00 PM - City Council Meeting
August 23, 2022 - Tuesday - No Meeting (Dark for Summer Break) September 1, 2022 -Thursday - Adjourned Regular Meeting:
5:00 PM - Study Session
September 13, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting
September 27, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting
October 11, 2022 - Tuesday - 5:00 PM - Closed Session,
6:00 PM - City Council Meeting
October 22, 2022 -Saturday - Adjourned Regular Meeting:
8:00 AM - City Council Retreat
October 25, 2022 - Tuesday - 5:00 PM - Closed Session,
6:00 PM - City Council Meeting
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5 City Council Adjourned Meeting Agenda - March 3, 2022 Final
CITY COUNCIL MEETINGS - CONTINUED:
November 3, 2022 -Thursday - Adjourned Regular Meeting:
5:00 PM - Closed Session, 6:00 PM - Regular Meeting
November 8, 2022 - No meeting due to lack of quorum (General Election) November 22, 2022 - No meeting due to lack of quorum (Thanksgiving week) November 29, 2022 -Tuesday - Adjourned Regular Meeting:
5:00 PM - Closed Session, 6:00 PM - Regular Meeting (Installation of new officers) December 1, 2022 -Thursday - Adjourned Regular Meeting:
6:00 PM - Mayor Transition Ceremony & Reception
December 13, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting
December 27, 2022 - Tuesday - No Meeting (Dark for WInter Break) BOARDS, COMMISSIONS AND COMMITTEE MEETINGS:
March 7, 2022 - Monday - 6:00 PM - Economic Development Committee Meeting March 15, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting March 16, 2022 - Wednesday - 6:00 PM - Public Works Commission Meeting April 4, 2022 - Monday - 6:00 PM - Economic Development Committee Meeting April 5, 2022 - Tuesday - 7:00 PM - Parks and Recreation Advisory Commission Meeting April 19, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting May 2, 2022 - Monday - 6:00 PM - Economic Development Committee Meeting May 3, 2022 - Tuesday - 7:00 PM - Parks and Recreation Advisory Commission Meeting May 17, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting May 18, 2022 - Wednesday - 6:00 PM - Public Works Commission Meeting June 6, 2022 - Monday - 6:00 PM - Economic Development Committee Meeting June 16, 2022 - Thursday - 7:00 PM - Parks and Recreation Advisory Commission Meeting June 21, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting July 5, 2022 - Tuesday - 7:00 PM - Parks and Recreation Advisory Commission Meeting July 19, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting July 20, 2022 - Wednesday - 6:00 PM - Public Works Commission Meeting August 2, 2022 - Tuesday - 7:00 PM - Parks and Recreation Advisory Commission Meeting August 16, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting September 6, 2022 - Tuesday - 7:00 PM - Parks and Recreation Advisory Commission Meeting September 20, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting September 21, 2022 - Wednesday - 6:00 PM - Public Works Commission Meeting October 6, 2022 - Tuesday - 7:00 PM - Parks and Recreation Advisory Commission Meeting October 18, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting November 1, 2022 - Tuesday - 7:00 PM - Parks and Recreation Advisory Commission Meeting November 15, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting November 16 - Wednesday - 6:00 PM - Public Works Commission Meeting December 6, 2022 - Tuesday - 7:00 PM - Parks and Recreation Advisory Commission Meeting December 20, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting CITY OFFICES CLOSED FRIDAY-SUNDAY AND ON THE FOLLOWING DAYS:
May 30, 2022 - Monday - Memorial Day
July 4, 2022 - Monday - Independence Day
September 5, 2022 - Monday - Labor Day
November 24, 2022 - Thursday - Thanksgiving Day
December 26, 2022 - Monday - Christmas Day (observed)
January 2, 2023 - Monday - New Year's Day (observed)
City of Hermosa Beach Page 6 Printed on 4/3/2024
6 City of Hermosa Beach
Staff Report
City Hall
1315 Valley Drive
Hermosa Beach, CA 90254
Staff Report
REPORT 22-0121
Honorable Mayor and Members of the Hermosa Beach City Council Adjourned Regular Meeting of March 3, 2022
REVENUE STUDY SESSION
(Finance Director Viki Copeland)
Recommended Action:
Staff recommends City Council receive the staff presentation and discuss the Revenue Study Session Discussion Items (Attachment 2) and the updates provided herein.
Executive Summary:
The attached list of revenue sources (Attachment 2) reflects both City Council and staff suggested items for review. Status updates are provided in red for items that are already complete or are in progress. No formal action may be taken by the City Council at the Revenue Study Session.
However, the meeting is an adjourned City Council meeting so action may be taken during the Adjourned Council Meeting after the study session if desired.
Background:
The Revenue Study Session was originally scheduled for April 30, 2019. Instead, the Capital Improvement Study session was moved from April 23, 2019 to that date and the Revenue Study Session was postponed.
At the hearing and adoption of the FY2019-2020 Budget on June 11, 2019, City Council approved placing a measure on the ballot to increase the Transient Occupancy Tax from 12 percent to 14 percent. After passage of the measure in November 2019, the Revenue Study Session was scheduled for March 2020. With the ensuing emergency declaration on March 16, 2020 due to COVID-19, the Revenue Study Session was again postponed.
Discussion:
An overview of the City’s revenue sources and a list of discussion items is included the Revenue Study Session Slides (Attachment 1). The Revenue Study Session Discussion Items (Attachment 2) is a list of revenue sources reflecting both City Council and staff suggested items for review. At this time, some items are complete and others are in progress. A status update is included with the list of items and shown in red. The list is separated into the following sections:
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Staff Report
REPORT 22-0121
1. Taxes;
2. Use of Property and User Fees; and
3. Other Funding Sources.
Also included is the Revenue Report for November 2021 for reference (Attachment 3).
Jeff Cooper, Vice President of NV5, will join us for discussions of Items B3c regarding the Sewer Service Charge and B3e regarding the Evaluation of the Lighting District. Bobby Young, Director of Client Services for HdL, will join us at 6:00 p.m. for Item A2b regarding the discussion of the District Transaction and Use Tax. HdL provides the City’s software and reporting for sales tax and business licensing.
Staff requests City Council discussion and feedback on the items presented, as well as any new items. Council may take action on items or give direction to staff after the study session at the Regular Adjourned City Council Meeting.
General Plan Consistency:
This report and associated recommendation have been evaluated for their consistency with the City’s General Plan. Relevant Policies are listed below:
Governance Element
Goal 1. A High degree of transparency and integrity in the decision-making process.
Policy:
· 1.6 Long-term consideration. Prioritize decisions that provide long-term community benefit and discourage decisions that provide short-term community benefit but reduce long-term opportunities.
Goal 6. A broad-based and long-term economic development strategy for Hermosa Beach that supports existing businesses while attracting new business and tourism.
Policies:
· 6.1 Long-term economic development. Support the development and implementation of long-term development strategies that seek to establish and keep new businesses and a strong middle class in Hermosa Beach over the decades to come. · 6.3 Diversified Economy. Encourage economic development strategies that allow the city to move beyond reliance on its two main industries - accommodation and food service and retail trade - and transform itself to a mature mix of economic activity and job opportunities. · 6.7 Retail base. Encourage economic development reflective of the character of Hermosa Beach with small and medium scale retail development within Hermosa Beach in order to City of Hermosa Beach Page 2 of 3 Printed on 5/24/2023
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Staff Report
REPORT 22-0121
create a stronger tax base and increase the City’s tax revenue.
Fiscal Impact:
There is no fiscal impact associated with the recommended action.
Attachments:
1. Revenue Study Session Slides
2. Revenue Study Session Discussion Items
3. Revenue Report for November 2021
Respectfully Submitted by: Viki Copeland, Finance Director Approved: Suja Lowenthal, City Manager
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Revenue Study Session
March 3, 2022
Attachment 1 of 3 1 10
General Fund Revenue
2 Property Taxes, 51.2%
Service Charges, 15.1%
Other Taxes, 3.3%
Sales Taxes, 6.8% UUT, 5.2% TOT, 4.8%
Business License, 2.8%
Lic/Permits, 2.0%
Fines, 4.8%
Use/Money, Prop, 3.7%
Intergvt/State, 0.3%
2021-22 Budgeted Revenue by Category
11 General Fund Revenue
3 Top Tax
Revenue Sources
2021-22 Revised
Budget
% of Total
Revenue
Property Tax $20,483,389 51.2%
Sales Tax $2,717,628 6.8%
Transient Occupancy Tax (TOT) $1,928,358 4.8%
Utility Users Tax (UUT) $2,093,903 5.2%
Top Tax Total $27,223,278 68%
12 General Fund Revenue
4 Revenue Sources
2021-22 Revised
Budget
% of Total
Revenue
Top Tax Sources $27,223,278 68%
Other Taxes $2,428,235 6.1%
Licenses/Permits $785,512 2%
Fines/Forfeitures $1,906,306 4.8%
Use/Money and Property $1,469,888 3.7%
Intergovt/State $142,192 0.3%
Service Charges $6,041,373 15.1%
Other Revenue $18,511 0%
Total General Fund Revenue $40,015,295
13 Revenue Study Session
A. Taxes
5 1. Property Tax
a. Split Roll for Property Tax (State measure,
did not pass)
b. Parcel Tax (Information only)
2. Sales Tax
a. Pursue Sales Tax at the Former Land
Rover Site (Status: Complete)
b. District Tax (Transaction and Use Tax)
14 Revenue Study Session
A. Taxes
6 3. Utility User Tax (UUT)
a. Explore Options to Address Erosion of UUT
(Status: In Progress)
4. Transient Occupancy Tax (TOT)
a. Increase the TOT Tax (Status: Complete)
b. TOT Audits (Status: Complete)
c. Short-Term Vacation Rentals in
Commercial Zone (Status: Complete)
15 Revenue Study Session
A. Taxes
7 5. Consider a Cannabis Tax (Status: In
Progress)
6. Business License Tax
a. Consider an Increase or Changes
16 Revenue Study Session
B. Use of Property and User Fees
8 1. Parking Revenue (Status: In Progress)
a. Parking Meter Rates
b. Mobile App
c. Parking Citation Fines
d. Parking Permit Rates
e. Other Parking Permits
f. Electric Vehicle Charging Fee/
Free Parking at Meter
17 Revenue Study Session
B. Use of Property and User Fees
9 2. Encroachments
a. Resume Permanent Outdoor
Encroachment Fees Status: Complete
b. Increase Permanent Outdoor
Encroachment Fees
c. Set Fee for Temporary Outdoor
Encroachments Status: Complete
18 Revenue Study Session
B. Use of Property and User Fees
10 3. Other Property-Related
a. Increase Storage Property Lease (Status:
Complete)
b. Increase Residential Encroachment Fees
c. Apply CPI for Annual Sewer Charge (Status:
In Progress)
d. Enhance Clark Building as a Revenue
Generator
19 Revenue Study Session
B. Use of Property and User Fees
11 3. Other Property-Related, continued
e. Re-evaluate the Lighting Landscaping Fund (Status: In Progress) f. Implementation of a Storm Water Fee
g. Possibility of More Undersea Cables
h. Park Recreation In Lieu Fee
20 Revenue Study Session
B. Use of Property and User Fees
12 3. Other Property-Related, continued
i. User Fee Study (Service Charges)
j. Fee Waivers (Status: Complete)
k. Create a Municipal Lease Policy
21 Revenue Study Session
C. Other Funding Sources
13 1. Settlement Bond Refunding (Status:
Complete)
Year Ending
November 1 Principal Interest Total Debt Service
2021 395,000 330,528 725,528
2022 415,000 310,200 725,200
2023 435,000 293,600 728,600
2024 450,000 276,200 726,200
2025 470,000 258,200 728,200
2026 490,000 239,400 729,400
2027 510,000 219,800 729,800
2028 535,000 199,400 734,400
2029 560,000 178,000 738,000
2030 580,000 155,600 735,600
2031 610,000 132,400 742,400
2032 635,000 108,000 743,000
2033 665,000 82,600 747,600
2034 685,000 56,000 741,000
2035 715,000 28,600 743,600
Total: $ 8,150,000 $ 2,868,528 $ 11,018,528 22
Revenue Study Session
C. Other Funding Sources
14 2. Economic Development Committee
3. Business Improvement District (BID)
23 City Council
Questions/Comments
15 24
REVENUE STUDY SESSION
DISCUSSION ITEMS
A. TAXES
All tax increases require placement on a regularly scheduled general election of City Councilmembers unless an emergency is declared by unanimous vote of the Council. A general tax is a tax imposed for general governmental purposes, the proceeds of which are deposited into the General Fund. A majority vote of the electorate is required to impose, extend or increase any general tax. A special tax is a tax that is collected and earmarked for a specific purpose and deposited either into a separate account or the General Fund. A two-thirds vote of the electorate is required to impose, extend or increase any special tax.
1. Property Tax
a. Split Roll for Property Tax
State Proposition 15, also referred to as the Split Roll Tax, was a proposition on the November 3, 2020 ballot in California that sought to remove Proposition 13 tax protections from commercial properties. For properties valued at $5 million or more, an additional 1.2 percent “surcharge” each year would be added onto the regular property tax.
Status: The vote was 51.97 percent no, 48.03 percent yes. This item was on the study session list as an educational item if the measure passed. Another split roll proposal, different from the previous one, was submitted to the Attorney General in October 2021 and will be tracked for qualifying.
b. Parcel Tax
A special tax on parcels of property generally based on either a flat per-parcel rate or a variable rate depending on the size, use and/or number of units on the parcel. Voter approval of 2/3 is required.
Status: This is an informational item only. Parcel taxes are not as common as other locally imposed taxes for cities. The tax is the primary method of collecting additional operating revenue for schools and special districts who do have not the ability to seek general taxes.
2. Sales Tax
a. Pursue Sales Tax at the Former Land Rover Site
Staff, with assistance from the City Attorney’s Office, developed a sales tax sharing agreement between Hermosa Beach and Redondo Beach to share sales tax generated by the Mitsubishi dealership according to the percent of land for the dealership in each city, which is 47 percent for Hermosa Beach and 53 percent for Redondo Beach. A three-party agreement including the dealership was also developed for the dealership’s reporting of the tax to the State.
Concurrence from the state was sought since an agreement of this type had not been implemented since the 70’s.
Status: Complete. The City Council approved the agreements on January 26, 2021.
25 b. District Tax (Transaction and Use Taxes)
District taxes are not the same as the local sales tax imposed under the BradleyBurns Uniform Local Sales and Use Tax Law. District taxes are separate voterapproved transaction and use taxes imposed by certain cities, counties and other local jurisdictions on the purchase and use of tangible personal property (merchandise). For example, the tax applies to purchases of automobiles registered in the district and to merchandise shipped into the district rather than sales made within the district.
The maximum combined rate within any county may not exceed 2 percent unless specifically authorized by statute. Local taxes are imposed in every city and county in California at a uniform rate of 1.25 percent. Metropolitan Transportation Authority obtained authorization to raise the limit to 3 percent therefore a district tax rate of .75 percent could be imposed for Hermosa Beach. This tax is in addition to the 1 percent sales tax already received by the City.
In Los Angeles County, 56 out of 88 cities have a district tax.
A 2/3 vote (four out of five) by City Council is required to place the measure on the ballot; a majority of voters is required for passage of a district tax. A general tax election must be consolidated with a regularly scheduled general purpose election of City Councilmembers unless an emergency is declared by unanimous vote of the Council.
Status: City Council may consider this item for placement on the November 2022 election. If 2/3 of the City Council concurs, the item will be brought back at a future City Council meeting.
3. Utility User Tax (UUT)
a. Explore Options to Address Erosion of UUT
The City’s contract with Avenu, the consultant who monitors utility tax revenue, allows for city specific audits. The City Manager gave approval in September 2021 to move forward with audits of streaming providers Disney+, Hulu, ESPN, Netflix and Amazon Prime Video in order to apply the UUT to these services.
Status: In Progress. Meetings between Avenu and the streaming providers continue. Fran Mancia, Vice President of Government Relations with Avenu provided the following update:
• Netflix changed representatives and we have a meeting next week (March 2nd). No legal qualms this far. Just delays. We expect resolution this calendar year.
• Amazon is not disputing local Utility User Taxes owed. However, they are carefully reviewing each local jurisdictions ordinances and looking for technicalities to ensure all of city contracts with outside consulting and auditing firm are valid and that they still meet requirements for validity. No legal arguments in dispute.
26 • Disney received the information request and seems to be cooperative but is asking for more time to gather documents.
4. Transient Occupancy Tax (TOT)
a. Increase the TOT Tax
Status: Complete. Voters approved the TOT increase from 12 percent to 14 percent 1/5/2019 to be effective January 1, 2020.
b. TOT Audits
Status: Complete. The last audit was in 2018. The audit will be budgeted for 2022-23 as 5 years is the typical timeframe for these audits. c. Short Term Vacation Rentals for Commercial Zone
Status: Complete. Five commercial properties are approved at this time and paying TOT.
5. Consider a Cannabis Tax
Status: In Progress. In view of the signature gathering that is underway to place a measure on the November 2022 ballot an advisory group was created to provide a recommendation to City Council in April.
6. Business License Tax
Consider an Increase or Changes to the Business License Tax The business license tax was last increased on the ballot measure of November 8, 2011. A Business License Tax Review Committee developed the proposal after a lengthy process with meetings from December 2011 through July 2011 .
Status: If a change or increase in the business license tax is desired, staff recommends the city consider hiring a consultant to assess the composition of city businesses and provide options.
B. USE OF PROPERTY AND USER FEES
1. Parking Revenue
Status: In progress. A Parking Study Session was conducted 1/31/22. A public hearing will be scheduled in July/August to consider the following items. a. Parking Meter Rates
b. Mobile App
Status: Mobile app proposals are in review and a provider will be selected prior to the public hearing
c. Parking Citations Fines
d. Parking Permit Rates, Residential and Lots, Employee Permits e. Other Parking Permits, Contractor, Driveway
f. Electric Vehicle Charging Fee/ Free Parking at Meters 27 2. Encroachments
a. Resume Permanent Outdoor Encroachment Fees
Status: In Progress. Existing fees reinstated effective March 1, 2022 b. Increase Permanent Outdoor Encroachment Fees
If City Council wants to consider rate increases, Staff would recommend acquiring a new market study.
c. Set Fee for Temporary Outdoor Encroachments
Status: In Progress. Fee of $1.50/square foot implemented March 1, 2022 for added permanent outdoor dining and previously temporary outdoor dining encroachments.
3. Other Property-Related
a. Increase Storage Property Lease
Status: Compete. A new lease rate of $20,000/month was negotiated to be effective July 2021. A CPI clause was implemented, resulting in a current rate of $20,600/month, an increase of $67,200 from the prior rate of $15,000/month. b. Increase Residential Encroachment Permit Fee
Residential encroachment permit fees are charged when a property owner wants to have non-permanent improvements on a portion of City property adjacent to their property. The fees cover the staff time to process the permit. The current fee for this item is $1,437.01.
The Residential Encroachment Fee is a one-time fee that stays with the property until change of ownership or the permit is revoked. The cost of the permit is the same whether it is a permit to install irrigation in the parkway or to use excess Right-of-Way (ROW) for private use in the rear or front of a property.
Status: Public Works is proposing to engage consulting services to assess the residential encroachment permit process. The assessment would include the feasibility study to separate the permits in different categories (i.e. Parkway irrigation, use of excess ROW citywide excluding the coastal zone, coastal zone (The Strand)), and study the possibility of changing the fee from a one-time fee to an annual fee, depending on the permit category.
Currently, Coastal Commission is not permitting the City to issue residential encroachment permits at The Stand because they state that the fee charged should be related to the cost of the land, and the fees collected in the coastal zone (in particular The Strand) need to be used exclusively to maintain, improve and provide coastal access. The analysis of land valuation will also be in the scope of the feasibility study. This process would also require possible modifications to the Municipal Code.
c. Apply CPI for Annual Sewer Charge
The sewer fee which was initiated in 2015 included Consumer Price Index (CPI) increases not to exceed 2 percent per year. As per the originating sewer charge resolution, annual increases can only be authorized for a five-year period. Due to 28 the pandemic, staff did not move forward with reinstating the five-year term for applying the CPI to the fee in FY 2021–22
Status: In Progress. Public Works is engaging an assessment engineer to prepare a preliminary evaluation which would go to Council in April. The process would then require notifying each property owner in writing a minimum 45 days in advance of a protest hearing which would occur in June. The City would be required to adopt an ordinance at that time in order to place the sewer service charge on the annual County of Los Angeles Tax Roll by July. d. Enhance Clark Building as a Revenue Generator
Status: Final plans for Clark Building Improvements were approved by City Council on January 25, 2022.
Staff will develop activities and fees based on the planned newly remodeled facility.
e. Re-evaluate the Lighting Landscaping Fund
The Fund has had a deficit of $229,790 for 2021–22, $291,002 for 2020–21, $175,932 for 2019–2020, $210,000 for 2018–2019 $87,000 for 2017–18 and $178,000 2016–17.
There was a protest vote against an additional assessment of $165,000 on July 25, 2006. The measure failed 52 percent to 48 percent.
Status: In progress. Public Works engaged the assessment engineer to provide a feasibility study for creating a second district to cure the deficit and provide other options to consider. The laws have changed since creation of the original district so a second district will be recommended for any increase. The report will be available in April. Creating a new district would require a mailed ballot to each property owner in the district.
f. Implementation of a Storm Water Fee
Storm water costs are currently funded by a transfer of $700,000 in utility user tax revenue from the General Fund and revenue of approximately $157,000 in Measure W funds.
Status: Public Works and the Environmental Programs Manager will undertake a review of the costs and viability of a fee in the future. g. Possibility of More Undersea Cables
City Council inquired about this previously. In checking with our contact the following was provided:
• Cable 3 (SX-NEXT) has landed but is still in the installation phase to Australia. The current expected System Operation Date is May 2022. • Cable 4 (HKA). This has been significantly delayed due to US/China disputes. Best estimate at this point would be a System Operational Date in 2024.
• Other cables? 6th Street or 10th Street: We have recently received additional inquires for capacity into Hermosa Beach. While nothing is certain or even probable, cable owners are expressing interest in additional facilities into Hermosa Beach. Competing for a landing there would be the facilities 29 installed at Dockweiler State Beach (El Segundo). There are two landing pipes available there. Also, Grover Beach is a point of interest for these same cables.
h. Park Recreation In-Lieu Fee
This fee is an impact fee intended to provide funds to cover the cost for acquiring open space property as subdivision condition of approval per Chapter 16.12 of the Municipal Code. The developer has the choice of paying the fee or dedicating land in an amount equal to the average estimated fair market value of land.
Dedication of land in Hermosa Beach in impractical since the city is virtually built out. The fee was last updated in 2007 based on an independent appraisal. The code requires an independent appraisal of open space zoned property in the city in order to set the fee.
Status: Staff will look into getting an appraisal in order to make a recommendation.
i. User Fee Study (Service Charges)
The City conducts a User Fee Study every five years to recalculate fees to recover the cost of services, as required by Proposition 218. At that time, departments will also recommend inclusion of any new fees. The last study was conducted in 2016.
Status: The study is included in the 2021–2022 budget.
j. Fee Waivers
Status: Complete. A Special Event Fee Waiver Policy was implemented on October 10, 2019.
k. Create a Municipal Lease Policy
The Community Resources Department and the Parks, Recreation and Community Resources Advisory Commission’s Municipal Lease Policy Subcommittee have been working on the creation of a Municipal Lease Policy, which focuses on 10 City facilities that are currently leased to seven (7) non-profit or Hermosa Beach-based organizations. Staff and the Subcommittee received input from both the Commission and City Council in 2019 to form the current draft of the policy. In January 2020, a Market Rate Study was completed to assist with establishing lease rates for all 10 facilities and several additional facilities that may be subject to a lease agreement in the future.
Status: Staff will re-engage the subcommittee to develop next steps and a timeline and to begin additional outreach with the lessees to present a final draft of the Municipal Lease Policy for City Council review and approval. 30 C. OTHER FUNDING SOURCES
1. Settlement Bond Refunding
Status: Complete. The 2015 Lease Revenue Bonds were refunded in October 2020 which saved almost $1,000,000 over the life of the bonds. The principal and interest payments are made from the General Fund.
2. Formation of the Economic Development Committee
The Economic Development Committee’s first meeting was held on June, 2020 is comprised of two Councilmembers and two Planning Commissioners. It has been established to provide leadership and to advise the City Council and Planning Commission to ensure the preservation and vitality of Hermosa Beach businesses for recovery and resilience after COVID-19 business disruption and to develop longer term Economic Development goals and programs Status: The Economic Development Committee is near completion of an Economic Development Strategy to be considered for adoption by the City Council.
31 3. Business Improvement District (BID)
Business improvement districts (BIDs) are quasi-public entities formed by businesses in a defined area where businesses agree through a formal vote to assess themselves to fund services and projects within the district’s boundaries that support and augment municipal services. BIDs typically fund services such as cleaning streets, providing security, making capital improvements, construction of pedestrian and streetscape enhancements, and marketing the area. The services provided by BIDs are supplemental to those already provided by the municipality. BIDs are established to provide services and are known to be key to promoting economic development within a designated district.
Status: To be determined by the business community. The City is only able to serve in a supportive role in initiating BID formation process. The City has been willing to support this effort by allocating funds for a consultant firm to provide educational/informational sessions for the business community and to jump start the process toward BID formation should the businesses wish to proceed. 32 01/05/2022
CITY OF HERMOSA BEACH
1 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
001 General Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
3101 Current Year Secured 16,525,157.00 0.00 0.00 16,525,157.00 0.00 3102 Current Year Unsecured 535,331.00 504,665.20 504,665.20 30,665.80 94.27 3103 Prior Year Collections 0.00 179,009.41 179,009.41 -179,009.41 0.00 3106 Supplemental Roll SB813 400,000.00 109,727.73 109,727.73 290,272.27 27.43 3107 Transfer Tax 346,860.00 412,528.37 412,528.37 -65,668.37 118.93 3108 Sales Tax 2,717,628.00 980,542.98 980,542.98 1,737,085.02 36.08 3109 1/2 Cent Sales Tx Ext 242,000.00 79,061.21 79,061.21 162,938.79 32.67 3110 Spectrum Cable TV Franchise 184,000.00 46,598.50 46,598.50 137,401.50 25.33 3111 Electric Franchise 81,421.00 0.00 0.00 81,421.00 0.00 3112 Gas Franchise 43,650.00 0.00 0.00 43,650.00 0.00
3113 Refuse Franchise 299,732.00 113,146.83 113,146.83 186,585.17 37.75 3114 Transient Occupancy Tax 1,928,358.00 1,700,574.30 1,700,574.30 227,783.70 88.19 3115 Business License 1,107,467.00 379,650.86 379,650.86 727,816.14 34.28 3120 Utility User Tax 2,093,903.00 856,198.56 856,198.56 1,237,704.44 40.89 3122 Property tax In-lieu of Veh Lic Fees 3,022,901.00 21,561.28 21,561.28 3,001,339.72 0.71 3123 Frontier Cable Franchise Fee 123,105.00 27,861.31 27,861.31 95,243.69 22.63 Total Taxes 29,651,513.00 5,411,126.54 5,411,126.54 24,240,386.46 18.25 3200 Licenses And Permits
3202 Dog Licenses 29,862.00 21,712.50 21,712.50 8,149.50 72.71 3204 Building Permits 556,948.00 290,610.12 290,610.12 266,337.88 52.18 3205 Electric Permits 72,000.00 43,513.00 43,513.00 28,487.00 60.43 Page: 1
Attachment 333
01/05/2022
CITY OF HERMOSA BEACH
2 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
001 General Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3206 Plumbing Permits 60,000.00 41,188.24 41,188.24 18,811.76 68.65 3207 Occupancy Permits 9,000.00 1,672.00 1,672.00 7,328.00 18.58 3208 Grease Trap Permits 2,380.00 1,259.00 1,259.00 1,121.00 52.90 3209 Garage Sales 84.00 70.00 70.00 14.00 83.33
3211 Banner Permits 56.00 799.57 799.57 -743.57 1427.80 3213 Animal Redemption Fee 162.00 54.00 54.00 108.00 33.33 3214 Amplified Sound Permit 0.00 3,487.00 3,487.00 -3,487.00 0.00 3215 Temporary Sign Permit 475.00 0.00 0.00 475.00 0.00 3217 Open Fire Permit 900.00 529.00 529.00 371.00 58.78 3219 Newsrack Permits 112.00 0.00 0.00 112.00 0.00
3226 Admin Permit - Limited Outdoor Seating 513.00 0.00 0.00 513.00 0.00 3227 Mechanical Permits 48,000.00 40,881.00 40,881.00 7,119.00 85.17 3228 Concealed Weapons Permit 100.00 0.00 0.00 100.00 0.00 3230 Temporary Minor Special Event Permit 2,595.00 519.00 519.00 2,076.00 20.00 3236 Drone Permit Fee 2,325.00 725.00 725.00 1,600.00 31.18 Total Licenses And Permits 785,512.00 447,019.43 447,019.43 338,492.57 56.91 3300 Fines & Forfeitures
3301 Municipal Court Fines 39,351.00 19,275.08 19,275.08 20,075.92 48.98 3302 Court Fines /Parking 1,821,205.00 705,835.85 705,835.85 1,115,369.15 38.76 3305 Administrative Fines 32,000.00 3,700.00 3,700.00 28,300.00 11.56 3306 Nuisance Abatement- Restrooms 13,750.00 900.00 900.00 12,850.00 6.55 Total Fines & Forfeitures 1,906,306.00 729,710.93 729,710.93 1,176,595.07 38.28 Page: 2
34 01/05/2022
CITY OF HERMOSA BEACH
3 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
001 General Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 80,107.46 27,202.51 27,202.51 52,904.95 33.96 3404 Community Center Leases 25,401.16 1.00 1.00 25,400.16 0.00 3405 Community Center Rentals 194,700.00 87,201.50 87,201.50 107,498.50 44.79 3406 Community Center Theatre 100,000.00 13,733.00 13,733.00 86,267.00 13.73 3414 Fund Exchange 490,000.00 490,000.00 490,000.00 0.00 100.00 3418 Special Events 90,000.00 29,790.50 29,790.50 60,209.50 33.10 3422 Beach/Plaza Promotions 11,771.00 53,981.00 53,981.00 -42,210.00 458.59 3425 Ground Lease 56,401.00 23,500.20 23,500.20 32,900.80 41.67 3427 Cell Site License- Sprint 42,530.00 17,502.10 17,502.10 25,027.90 41.15 3428 Cell Site License - Verizon 35,775.00 14,758.50 14,758.50 21,016.50 41.25 3429 Inmate Phone Services 50.00 13.56 13.56 36.44 27.12 3431 Storage Facility Operating Lease 259,560.00 103,000.00 103,000.00 156,560.00 39.68 3432 Film Permits 83,500.00 16,800.00 16,800.00 66,700.00 20.12 3450 Investment Discount 92.00 451.38 451.38 -359.38 490.63 3475 Investment Premium 0.00 0.25 0.25 -0.25 0.00
Total Use Of Money & Property 1,469,887.62 877,935.50 877,935.50 591,952.12 59.73 3500 Intergovernmental/State
3507 Highway Maintenance 2,300.00 0.00 0.00 2,300.00 0.00 3508 Mandated Costs 4,858.00 4,858.00 4,858.00 0.00 100.00 3509 Homeowner Property Tax Relief 81,196.00 0.00 0.00 81,196.00 0.00 3510 POST 30,631.00 5,167.44 5,167.44 25,463.56 16.87
Page: 3
35 01/05/2022
CITY OF HERMOSA BEACH
4 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
001 General Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3511 STC-Service Officer Training 7,500.00 1,170.00 1,170.00 6,330.00 15.60 3575 VLF Coll Excess of $14m-Rev code 11001.5 15,707.00 0.00 0.00 15,707.00 0.00 Total Intergovernmental/State 142,192.00 11,195.44 11,195.44 130,996.56 7.87 3800 Current Service Charges
3801 Residential Inspection 54,800.00 32,768.00 32,768.00 22,032.00 59.80 3802 Planning Sign Permit/Master Sign Program 4,970.00 6,639.55 6,639.55 -1,669.55 133.59 3804 General Plan Maintenance Fees 104,283.00 45,315.00 45,315.00 58,968.00 43.45 3805 Amendment to Planning Entitlement 26,802.00 0.00 0.00 26,802.00 0.00 3809 Tentative Map Review 19,516.00 9,758.00 9,758.00 9,758.00 50.00 3810 Final Map Review 2,924.00 1,462.00 1,462.00 1,462.00 50.00 3811 Zone Change 4,226.00 0.00 0.00 4,226.00 0.00
3812 Conditional Use Permit - Comm/Other 15,210.00 5,070.00 5,070.00 10,140.00 33.33 3813 Plan Check Fees 300,000.00 234,212.65 234,212.65 65,787.35 78.07 3815 Public Works Services 96,900.00 53,635.00 53,635.00 43,265.00 55.35 3816 Utility Trench Service Connect Permit 98,499.00 36,808.00 36,808.00 61,691.00 37.37 3817 Address Change Request Fee 4,035.00 2,259.00 2,259.00 1,776.00 55.99 3818 Police Services 3,000.00 551.00 551.00 2,449.00 18.37 3821 Daily Permit Lot A/Parking Structure 40,711.00 20,987.00 20,987.00 19,724.00 51.55 3823 Special Event Security/Police 0.00 10,521.84 10,521.84 -10,521.84 0.00 3824 500' Noticing 18,213.00 1,401.00 1,401.00 16,812.00 7.69 3825 Public Notice Posting 3,780.00 0.00 0.00 3,780.00 0.00 3827 Library Grounds Maintenance 10,065.00 0.00 0.00 10,065.00 0.00 3831 Non-Utility Street Excavation Permit 42,472.00 12,825.00 12,825.00 29,647.00 30.20 Page: 4
36 01/05/2022
CITY OF HERMOSA BEACH
5 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
001 General Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3834 Encroachment Permit 54,800.00 18,888.84 18,888.84 35,911.16 34.47 3836 Refund Transaction Fee 1,000.00 2,820.00 2,820.00 -1,820.00 282.00 3837 Returned Check Charge 200.00 50.00 50.00 150.00 25.00 3838 Sale Of Maps/Publications 0.00 10.00 10.00 -10.00 0.00 3839 Photocopy Charges 300.00 150.00 150.00 150.00 50.00 3840 Ambulance Transport 575,000.00 290,628.23 290,628.23 284,371.77 50.54 3841 Police Towing 84,750.00 37,098.00 37,098.00 47,652.00 43.77 3842 Parking Meters 1,615,464.00 891,316.94 891,316.94 724,147.06 55.17 3843 Parking Permits-Annual 392,067.00 21,220.00 21,220.00 370,847.00 5.41 3844 Daily Parking Permits 2,174.00 1,085.00 1,085.00 1,089.00 49.91 3845 Lot A Revenue 410,408.00 216,623.00 216,623.00 193,785.00 52.78 3846 No Pier Pkg Structure Revenue 514,551.00 258,767.50 258,767.50 255,783.50 50.29 3848 Driveway Permits 3,500.00 2,118.00 2,118.00 1,382.00 60.51 3849 Guest Permits 500.00 387.00 387.00 113.00 77.40
3850 Contractors Permits 40,000.00 14,416.00 14,416.00 25,584.00 36.04 3852 Recreation Program Transaction Fee 47,000.00 21,715.50 21,715.50 25,284.50 46.20 3855 Bus Passes 0.00 168.00 168.00 -168.00 0.00
3856 500' - 2nd Noticing 1,674.00 0.00 0.00 1,674.00 0.00 3857 Parking Plan Application 9,356.00 0.00 0.00 9,356.00 0.00 3858 Monthly Permit Lot A/Parking Structure 85,700.00 39,680.00 39,680.00 46,020.00 46.30 3862 Alarm Permit Fee 5,250.00 1,386.00 1,386.00 3,864.00 26.40 3865 Lot B Revenue 74,517.00 45,985.75 45,985.75 28,531.25 61.71 3867 Precise Development Plans 16,068.00 0.00 0.00 16,068.00 0.00 3868 Public Noticing/300 Ft Radius 3,368.00 4,210.00 4,210.00 -842.00 125.00 Page: 5
37 01/05/2022
CITY OF HERMOSA BEACH
6 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
001 General Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3877 Business License Registration 9,700.00 6,102.00 6,102.00 3,598.00 62.91 3879 Business License Renewal Fee 35,000.00 14,580.00 14,580.00 20,420.00 41.66 3881 Tobacco Retailer Renewal 4,296.00 0.00 0.00 4,296.00 0.00 3883 Final/Tentative Map Extension 2,056.00 2,056.00 2,056.00 0.00 100.00 3888 Slope/Grade Height Determination 8,844.00 0.00 0.00 8,844.00 0.00 3890 300 Ft Radius Noticing/Appeal to CC 251.00 0.00 0.00 251.00 0.00 3893 Contract Recreation Classes 448,000.00 223,781.80 223,781.80 224,218.20 49.95 3894 Other Recreation Programs 196,000.00 20,950.00 20,950.00 175,050.00 10.69 3895 Zoning Information Letters 402.00 0.00 0.00 402.00 0.00 3897 Admin Fee/TULIP Ins Certificate 1,300.00 425.60 425.60 874.40 32.74 3898 Height Limit Exception 0.00 4,104.00 4,104.00 -4,104.00 0.00 3899 Condo - CUP/PDP 21,060.00 21,060.00 21,060.00 0.00 100.00 Total Current Service Charges 5,514,962.00 2,635,996.20 2,635,996.20 2,878,965.80 47.80 3900 Other Revenue
3903 Contributions Non Govt 0.00 44,563.58 44,563.58 -44,563.58 0.00 3904 General Miscellaneous 0.00 982.72 982.72 -982.72 0.00 3907 Pkg Str Utility Reimb From Beach House 5,600.00 0.00 0.00 5,600.00 0.00 3908 Hermosa Sr Ctr Donations/Memberships 6,000.00 1,491.25 1,491.25 4,508.75 24.85 3938 Solid Waste Contract Admin Fee 0.00 19,431.96 19,431.96 -19,431.96 0.00 3955 Operating Transfers In 2,729,260.00 1,137,190.00 1,137,190.00 1,592,070.00 41.67 3960 Frontier PEG Grant-formerly Verizon 6,911.00 0.00 0.00 6,911.00 0.00 3968 Spectrum PEG Grant-formerly TWC 0.00 9,319.70 9,319.70 -9,319.70 0.00 Total Other Revenue 2,747,771.00 1,212,979.21 1,212,979.21 1,534,791.79 44.14 Page: 6
38 01/05/2022
CITY OF HERMOSA BEACH
7 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
001 General Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
6800 Current Service Charges Continued
6801 Mural Review 968.00 484.00 484.00 484.00 50.00
6809 Categorical Exemption 4,095.00 1,170.00 1,170.00 2,925.00 28.57 6810 Deed Restriction/Covenant Review 13,585.00 4,290.00 4,290.00 9,295.00 31.58 6811 Landscape Plan Review 4,620.00 2,148.00 2,148.00 2,472.00 46.49 6813 Zoning Code Interpretation Review 1,350.00 405.00 405.00 945.00 30.00 6818 New/Modified Business Zoning Review 9,045.00 4,623.00 4,623.00 4,422.00 51.11 6821 Solar Plan Check/Inspection 2,107.00 3,010.00 3,010.00 -903.00 142.86 6822 Temporary Certificate of Occupancy 335.00 134.00 134.00 201.00 40.00 6825 Clean Bay Restaurant - NPDES Inspection 41,200.00 0.00 0.00 41,200.00 0.00 6828 Public Improvement Plan Check 51,000.00 27,993.00 27,993.00 23,007.00 54.89 6832 DUI Collision Response 1,039.00 0.00 0.00 1,039.00 0.00 6834 Citation Sign-off 250.00 250.00 250.00 0.00 100.00 6837 Deceased Animal Pickup 124.00 61.00 61.00 63.00 49.19 6839 Pet Home Quarantine Review 62.00 0.00 0.00 62.00 0.00 6840 Multiple Dog Review 464.00 116.00 116.00 348.00 25.00 6849 Traffic Plan Review 0.00 320.00 320.00 -320.00 0.00 6851 Bus. License State Mandated Fee (CASp) 8,500.00 4,168.00 4,168.00 4,332.00 49.04 6852 Tobacco Retailer Renewal 0.00 3,888.00 3,888.00 -3,888.00 0.00 6860 Refuse Lien Fees/Athens 336.00 176.10 176.10 159.90 52.41 6861 Oversized Vehicle Permit 765.00 495.00 495.00 270.00 64.71 6867 Credit Card Processing Fee 76,700.00 32,003.00 32,003.00 44,697.00 41.72 6871 Sewer Service Charge Rebate -9,700.00 -3,848.40 -3,848.40 -5,851.60 39.67 Page: 7
39 01/05/2022
CITY OF HERMOSA BEACH
8 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
001 General Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
6873 Impound Fee- Bicycle, Scooters & Wheeled 0.00 141.00 141.00 -141.00 0.00 6875 Solid Waste Contract Reimbursement 300,000.00 0.00 0.00 300,000.00 0.00 6881 Public Tree Removal Permit 1,600.00 200.00 200.00 1,400.00 12.50 6883 Stort-term Vacation Rental Permit 13,337.00 8,780.00 8,780.00 4,557.00 65.83 6884 M-1 Limited Event Permit 520.00 0.00 0.00 520.00 0.00 6885 Temporary Outdoor Dining/Retail Permit 1,660.00 2,496.00 2,496.00 -836.00 150.36 6886 Minor Conditional Use Permit 2,207.00 0.00 0.00 2,207.00 0.00 6887 Minor Planning Sign Review 242.00 0.00 0.00 242.00 0.00 Total Current Service Charges Continued 526,411.00 93,502.70 93,502.70 432,908.30 17.76 Total General Fund 42,744,554.62 11,419,465.95 11,419,465.95 31,325,088.67 26.72 Page: 8
40 01/05/2022
CITY OF HERMOSA BEACH
9 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
105 Lightg/Landscapg Dist Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
3101 Current Year Secured 453,000.00 0.00 0.00 453,000.00 0.00 3103 Prior Year Collections 4,185.00 3,627.49 3,627.49 557.51 86.68 3105 Assessment Rebates -2,900.00 -516.80 -516.80 -2,383.20 17.82 Total Taxes 454,285.00 3,110.69 3,110.69 451,174.31 0.68 3400 Use Of Money & Property
3401 Interest Income 190.83 241.64 241.64 -50.81 126.63 3450 Investment Discount 0.00 4.01 4.01 -4.01 0.00
3475 Investment Premium 0.00 -0.04 -0.04 0.04 0.00
Total Use Of Money & Property 190.83 245.61 245.61 -54.78 128.71 3900 Other Revenue
3955 Operating Transfers In 229,790.00 95,745.00 95,745.00 134,045.00 41.67 Total Other Revenue 229,790.00 95,745.00 95,745.00 134,045.00 41.67 Total Lightg/Landscapg Dist Fund 684,265.83 99,101.30 99,101.30 585,164.53 14.48 Page: 9
41 01/05/2022
CITY OF HERMOSA BEACH
10 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
115 State Gas Tax Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 4,584.31 1,931.04 1,931.04 2,653.27 42.12 3450 Investment Discount 5.00 28.46 28.46 -23.46 569.20 3475 Investment Premium 0.00 -0.12 -0.12 0.12 0.00
Total Use Of Money & Property 4,589.31 1,959.38 1,959.38 2,629.93 42.69 3500 Intergovernmental/State
3501 Section 2106 Allocation 68,294.00 30,102.37 30,102.37 38,191.63 44.08 3502 Section 2107 Allocation 145,384.00 49,190.68 49,190.68 96,193.32 33.84 3503 Section 2107.5 Allocation 4,000.00 4,000.00 4,000.00 0.00 100.00 3512 Section 2105 (Prop 111) 114,244.00 48,392.75 48,392.75 65,851.25 42.36 3513 Sec 2103 Higher Mtr Veh Excise Tax(HUTA) 175,327.00 78,178.28 78,178.28 97,148.72 44.59 3567 Road Maintenance Rehab Account 387,903.00 102,084.90 102,084.90 285,818.10 26.32 Total Intergovernmental/State 895,152.00 311,948.98 311,948.98 583,203.02 34.85 Total State Gas Tax Fund 899,741.31 313,908.36 313,908.36 585,832.95 34.89 Page: 10
42 01/05/2022
CITY OF HERMOSA BEACH
11 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
117 AB939 Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 1,197.38 475.60 475.60 721.78 39.72 3450 Investment Discount 1.00 6.72 6.72 -5.72 672.00
3475 Investment Premium 0.00 0.01 0.01 -0.01 0.00
Total Use Of Money & Property 1,198.38 482.33 482.33 716.05 40.25 3800 Current Service Charges
3860 AB939 Surcharge 63,060.00 22,346.47 22,346.47 40,713.53 35.44 Total Current Service Charges 63,060.00 22,346.47 22,346.47 40,713.53 35.44 3900 Other Revenue
Total Other Revenue 0.00 0.00 0.00 0.00 0.00
6800 Current Service Charges Continued
Total Current Service Charges Continued 0.00 0.00 0.00 0.00 0.00 Total AB939 Fund 64,258.38 22,828.80 22,828.80 41,429.58 35.53 Page: 11
43 01/05/2022
CITY OF HERMOSA BEACH
12 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
121 Prop A Open Space Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3600 Intergovernmental/County
Total Prop A Open Space Fund 0.00 0.00 0.00 0.00 0.00
Page: 12
44 01/05/2022
CITY OF HERMOSA BEACH
13 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
122 Tyco Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 13,250.38 4,704.51 4,704.51 8,545.87 35.50 3426 Easement Agreement 337,932.00 168,966.00 168,966.00 168,966.00 50.00 3450 Investment Discount 15.00 67.14 67.14 -52.14 447.60 3475 Investment Premium 0.00 0.11 0.11 -0.11 0.00
Total Tyco Fund 351,197.38 173,737.76 173,737.76 177,459.62 49.47 Page: 13
45 01/05/2022
CITY OF HERMOSA BEACH
14 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
125 Park/Rec Facility Tax Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
Total Taxes 0.00 0.00 0.00 0.00 0.00
3400 Use Of Money & Property
3401 Interest Income 3,477.44 1,188.00 1,188.00 2,289.44 34.16 3450 Investment Discount 4.00 16.85 16.85 -12.85 421.25 3475 Investment Premium 0.00 0.02 0.02 -0.02 0.00
Total Use Of Money & Property 3,481.44 1,204.87 1,204.87 2,276.57 34.61 3900 Other Revenue
3910 Park/Recreation In Lieu Fee 78,616.00 32,678.00 32,678.00 45,938.00 41.57 Total Other Revenue 78,616.00 32,678.00 32,678.00 45,938.00 41.57 Total Park/Rec Facility Tax Fund 82,097.44 33,882.87 33,882.87 48,214.57 41.27 Page: 14
46 01/05/2022
CITY OF HERMOSA BEACH
15 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
135 Bayview Dr Dist Admin Exp Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 45.00 9.37 9.37 35.63 20.82
3450 Investment Discount 0.00 0.12 0.12 -0.12 0.00
Total Use Of Money & Property 45.00 9.49 9.49 35.51 21.09 3900 Other Revenue
3925 Spec Assessment Admin Fees 4,950.00 0.00 0.00 4,950.00 0.00 Total Other Revenue 4,950.00 0.00 0.00 4,950.00 0.00
Total Bayview Dr Dist Admin Exp Fund 4,995.00 9.49 9.49 4,985.51 0.19 Page: 15
47 01/05/2022
CITY OF HERMOSA BEACH
16 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
138 Loma Dist Admin Exp Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 1.98 0.08 0.08 1.90 4.04
Total Use Of Money & Property 1.98 0.08 0.08 1.90 4.04
3900 Other Revenue
Total Other Revenue 0.00 0.00 0.00 0.00 0.00
Total Loma Dist Admin Exp Fund 1.98 0.08 0.08 1.90 4.04 Page: 16
48 01/05/2022
CITY OF HERMOSA BEACH
17 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
139 Beach Dr Assmnt Dist Admin Exp Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 37.75 7.41 7.41 30.34 19.63
3450 Investment Discount 0.00 0.09 0.09 -0.09 0.00
Total Use Of Money & Property 37.75 7.50 7.50 30.25 19.87 3900 Other Revenue
3925 Special Assessment Admin Fees 3,850.00 0.00 0.00 3,850.00 0.00 Total Other Revenue 3,850.00 0.00 0.00 3,850.00 0.00
Total Beach Dr Assmnt Dist Admin Exp Fund 3,887.75 7.50 7.50 3,880.25 0.19 Page: 17
49 01/05/2022
CITY OF HERMOSA BEACH
18 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
140 Community Dev Block Grant
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3700 Intergovernmental/Federal
Total Community Dev Block Grant 0.00 0.00 0.00 0.00 0.00 Page: 18
50 01/05/2022
CITY OF HERMOSA BEACH
19 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
145 Proposition A Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
3117 Proposition A Transit 396,095.00 202,993.12 202,993.12 193,101.88 51.25 Total Taxes 396,095.00 202,993.12 202,993.12 193,101.88 51.25 3400 Use Of Money & Property
3401 Interest Income 4,758.00 644.25 644.25 4,113.75 13.54 3450 Investment Discount 5.00 11.01 11.01 -6.01 220.20
3475 Investment Premium 0.00 0.05 0.05 -0.05 0.00
Total Use Of Money & Property 4,763.00 655.31 655.31 4,107.69 13.76 3800 Current Service Charges
3853 Dial-A-Taxi Program 1,110.00 7.00 7.00 1,103.00 0.63 Total Current Service Charges 1,110.00 7.00 7.00 1,103.00 0.63 Total Proposition A Fund 401,968.00 203,655.43 203,655.43 198,312.57 50.66 Page: 19
51 01/05/2022
CITY OF HERMOSA BEACH
20 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
146 Proposition C Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
3118 Proposition C Local Return 328,550.00 168,380.23 168,380.23 160,169.77 51.25 Total Taxes 328,550.00 168,380.23 168,380.23 160,169.77 51.25 3400 Use Of Money & Property
3401 Interest Income 10,517.15 3,879.10 3,879.10 6,638.05 36.88 3450 Investment Discount 12.00 54.96 54.96 -42.96 458.00 3475 Investment Premium 0.00 0.09 0.09 -0.09 0.00
Total Use Of Money & Property 10,529.15 3,934.15 3,934.15 6,595.00 37.36 Total Proposition C Fund 339,079.15 172,314.38 172,314.38 166,764.77 50.82 Page: 20
52 01/05/2022
CITY OF HERMOSA BEACH
21 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
147 Measure R Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
3119 Measure R Local Return Funds 246,413.00 126,298.39 126,298.39 120,114.61 51.25 Total Taxes 246,413.00 126,298.39 126,298.39 120,114.61 51.25 3400 Use Of Money & Property
3401 Interest Income 3,422.13 1,656.35 1,656.35 1,765.78 48.40 3450 Investment Discount 4.00 22.42 22.42 -18.42 560.50 3475 Investment Premium 0.00 0.05 0.05 -0.05 0.00
Total Use Of Money & Property 3,426.13 1,678.82 1,678.82 1,747.31 49.00 3900 Other Revenue
Total Other Revenue 0.00 0.00 0.00 0.00 0.00
Total Measure R Fund 249,839.13 127,977.21 127,977.21 121,861.92 51.22 Page: 21
53 01/05/2022
CITY OF HERMOSA BEACH
22 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
148 Measure M
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
3131 Measure M Local Return Funds 279,268.00 142,798.22 142,798.22 136,469.78 51.13 Total Taxes 279,268.00 142,798.22 142,798.22 136,469.78 51.13 3400 Use Of Money & Property
3401 Interest Income 1,544.05 1,194.30 1,194.30 349.75 77.35 3450 Investment Discount 2.00 16.51 16.51 -14.51 825.50 Total Use Of Money & Property 1,546.05 1,210.81 1,210.81 335.24 78.32 Total Measure M 280,814.05 144,009.03 144,009.03 136,805.02 51.28 Page: 22
54 01/05/2022
CITY OF HERMOSA BEACH
23 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
149 Measure W Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
3132 Measure W Local Returns 157,164.00 0.00 0.00 157,164.00 0.00 Total Taxes 157,164.00 0.00 0.00 157,164.00 0.00
3400 Use Of Money & Property
3401 Interest Income 29.10 50.05 50.05 -20.95 171.99
3450 Investment Discount 0.00 0.78 0.78 -0.78 0.00
Total Use Of Money & Property 29.10 50.83 50.83 -21.73 174.67 Total Measure W Fund 157,193.10 50.83 50.83 157,142.27 0.03 Page: 23
55 01/05/2022
CITY OF HERMOSA BEACH
24 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
150 Grants Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3500 Intergovernmental/State
3558 Beverage Recycling Grant 5,300.00 0.00 0.00 5,300.00 0.00 3562 State Homeland Security Grant Program 51,787.62 0.00 0.00 51,787.62 0.00 3590 SB 2 Zoning Ord Update Grant 250,516.00 0.00 0.00 250,516.00 0.00 3591 Local Early Action Planning 16,370.00 0.00 0.00 16,370.00 0.00 Total Intergovernmental/State 323,973.62 0.00 0.00 323,973.62 0.00 3700 Intergovernmental/Federal
3736 Bulletproof Vest Partnership 2,108.00 0.00 0.00 2,108.00 0.00 3757 *** Title Not Found *** 3,525.00 0.00 0.00 3,525.00 0.00 3758 *** Title Not Found *** 187,500.00 0.00 0.00 187,500.00 0.00 3759 *** Title Not Found *** 87,338.00 0.00 0.00 87,338.00 0.00 Total Intergovernmental/Federal 280,471.00 0.00 0.00 280,471.00 0.00 3900 Other Revenue
3968 West Basin Grant- Water Filling Stations 0.00 2,000.00 2,000.00 -2,000.00 0.00 3986 Caltrans Adaptation Planning Grant 0.00 64,007.80 64,007.80 -64,007.80 0.00 Total Other Revenue 0.00 66,007.80 66,007.80 -66,007.80 0.00 Total Grants Fund 604,444.62 66,007.80 66,007.80 538,436.82 10.92 Page: 24
56 01/05/2022
CITY OF HERMOSA BEACH
25 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
152 Air Quality Mgmt Dist Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 537.90 180.60 180.60 357.30 33.58
3450 Investment Discount 0.00 2.59 2.59 -2.59 0.00
Total Use Of Money & Property 537.90 183.19 183.19 354.71 34.06 3500 Intergovernmental/State
3538 AQMD Emission Control AB2766 25,000.00 0.00 0.00 25,000.00 0.00 Total Intergovernmental/State 25,000.00 0.00 0.00 25,000.00 0.00 Total Air Quality Mgmt Dist Fund 25,537.90 183.19 183.19 25,354.71 0.72 Page: 25
57 01/05/2022
CITY OF HERMOSA BEACH
26 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
153 Supp Law Enf Serv Fund (SLESF)
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
3135 C.O.P.S. Allocation 100,000.00 74,262.08 74,262.08 25,737.92 74.26 Total Taxes 100,000.00 74,262.08 74,262.08 25,737.92 74.26 3400 Use Of Money & Property
3401 Interest Income 3,325.23 920.98 920.98 2,404.25 27.70 3450 Investment Discount 4.00 13.05 13.05 -9.05 326.25
3475 Investment Premium 0.00 0.05 0.05 -0.05 0.00
Total Use Of Money & Property 3,329.23 934.08 934.08 2,395.15 28.06 Total Supp Law Enf Serv Fund (SLESF) 103,329.23 75,196.16 75,196.16 28,133.07 72.77 Page: 26
58 01/05/2022
CITY OF HERMOSA BEACH
27 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
157 FEMA/Cal OES
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3500 Intergovernmental/State
Total Intergovernmental/State 0.00 0.00 0.00 0.00 0.00
3700 Intergovernmental/Federal
Total Intergovernmental/Federal 0.00 0.00 0.00 0.00 0.00 3900 Other Revenue
Total FEMA/Cal OES 0.00 0.00 0.00 0.00 0.00
Page: 27
59 01/05/2022
CITY OF HERMOSA BEACH
28 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
158 CARES Act
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3500 Intergovernmental/State
Total Intergovernmental/State 0.00 0.00 0.00 0.00 0.00
3700 Intergovernmental/Federal
Total Intergovernmental/Federal 0.00 0.00 0.00 0.00 0.00 3900 Other Revenue
Total CARES Act 0.00 0.00 0.00 0.00 0.00
Page: 28
60 01/05/2022
CITY OF HERMOSA BEACH
29 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
159 American Rescue Plan Act (ARPA)
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3700 Intergovernmental/Federal
3761 American Rescue Plan Act Allocation 0.00 2,310,877.00 2,310,877.00 -2,310,877.00 0.00 Total American Rescue Plan Act (ARPA) 0.00 2,310,877.00 2,310,877.00 -2,310,877.00 0.00 Page: 29
61 01/05/2022
CITY OF HERMOSA BEACH
30 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
160 Sewer Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 46,767.50 7,307.43 7,307.43 39,460.07 15.63 3450 Investment Discount 54.00 105.76 105.76 -51.76 195.85 3475 Investment Premium 0.00 0.10 0.10 -0.10 0.00
Total Use Of Money & Property 46,821.50 7,413.29 7,413.29 39,408.21 15.83 3500 Intergovernmental/State
3550 CA Waste Oil Recycling Grant 5,475.00 0.00 0.00 5,475.00 0.00 Total Intergovernmental/State 5,475.00 0.00 0.00 5,475.00 0.00 3600 Intergovernmental/County
3602 Beach Outlet Maintenance 8,000.00 0.00 0.00 8,000.00 0.00 Total Intergovernmental/County 8,000.00 0.00 0.00 8,000.00 0.00 3800 Current Service Charges
3828 Sewer Connection Fee 24,000.00 3,612.41 3,612.41 20,387.59 15.05 3829 Sewer Demolition Fee 2,302.00 945.00 945.00 1,357.00 41.05 3832 Sewer Lateral Installation 15,413.00 8,372.00 8,372.00 7,041.00 54.32 Total Current Service Charges 41,715.00 12,929.41 12,929.41 28,785.59 30.99 3900 Other Revenue
Total Other Revenue 0.00 0.00 0.00 0.00 0.00
6800 Current Service Charges Continued
Page: 30
62 01/05/2022
CITY OF HERMOSA BEACH
31 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
160 Sewer Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
6861 Sewer Service Charge 1,078,142.00 8,463.59 8,463.59 1,069,678.41 0.79 Total Current Service Charges Continued 1,078,142.00 8,463.59 8,463.59 1,069,678.41 0.79 Total Sewer Fund 1,180,153.50 28,806.29 28,806.29 1,151,347.21 2.44 Page: 31
63 01/05/2022
CITY OF HERMOSA BEACH
32 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
161 Storm Drains Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 17,135.75 7,065.78 7,065.78 10,069.97 41.23 3450 Investment Discount 20.00 0.00 0.00 20.00 0.00
Total Use Of Money & Property 17,155.75 7,065.78 7,065.78 10,089.97 41.19 3900 Other Revenue
3955 Operating Transfers In 700,000.00 291,685.00 291,685.00 408,315.00 41.67 Total Other Revenue 700,000.00 291,685.00 291,685.00 408,315.00 41.67 Total Storm Drains Fund 717,155.75 298,750.78 298,750.78 418,404.97 41.66 Page: 32
64 01/05/2022
CITY OF HERMOSA BEACH
33 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
170 Asset Seizure/Forft Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3300 Fines & Forfeitures
Total Fines & Forfeitures 0.00 0.00 0.00 0.00 0.00
3400 Use Of Money & Property
3401 Interest Income 5,867.72 1,599.27 1,599.27 4,268.45 27.26 3450 Investment Discount 7.00 23.02 23.02 -16.02 328.86 3475 Investment Premium 0.00 0.02 0.02 -0.02 0.00
Total Use Of Money & Property 5,874.72 1,622.31 1,622.31 4,252.41 27.62 3900 Other Revenue
Total Other Revenue 0.00 0.00 0.00 0.00 0.00
Total Asset Seizure/Forft Fund 5,874.72 1,622.31 1,622.31 4,252.41 27.62 Page: 33
65 01/05/2022
CITY OF HERMOSA BEACH
34 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
180 Fire Protection Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 0.00 45.16 45.16 -45.16 0.00
3450 Investment Discount 0.00 0.73 0.73 -0.73 0.00
Total Use Of Money & Property 0.00 45.89 45.89 -45.89 0.00 3900 Other Revenue
3912 Fire Flow Fee 34,814.00 3,914.16 3,914.16 30,899.84 11.24 Total Other Revenue 34,814.00 3,914.16 3,914.16 30,899.84 11.24 Total Fire Protection Fund 34,814.00 3,960.05 3,960.05 30,853.95 11.37 Page: 34
66 01/05/2022
CITY OF HERMOSA BEACH
35 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
190 RTI Undersea Cable
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 5,630.00 2,087.12 2,087.12 3,542.88 37.07 3426 Easement Agreement-Longfellow 90,000.00 45,000.00 45,000.00 45,000.00 50.00 3427 Easement Cable 2-Longfellow 72,000.00 25,200.00 25,200.00 46,800.00 35.00 3428 Easement Cable 3-25th St 253,000.00 0.00 0.00 253,000.00 0.00 3450 Investment Discount 6.00 30.34 30.34 -24.34 505.67 Total RTI Undersea Cable 420,636.00 72,317.46 72,317.46 348,318.54 17.19 Page: 35
67 01/05/2022
CITY OF HERMOSA BEACH
36 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
191 RTI Tidelands
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 3,132.22 1,135.74 1,135.74 1,996.48 36.26 3426 Easement Agreement 184,000.00 0.00 0.00 184,000.00 0.00 3450 Investment Discount 4.00 16.12 16.12 -12.12 403.00 Total RTI Tidelands 187,136.22 1,151.86 1,151.86 185,984.36 0.62 Page: 36
68 01/05/2022
CITY OF HERMOSA BEACH
37 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
201 2015 Lease Revenue Bonds
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3900 Other Revenue
3955 Operating Transfers In 661,345.00 0.00 0.00 661,345.00 0.00 Total 2015 Lease Revenue Bonds 661,345.00 0.00 0.00 661,345.00 0.00 Page: 37
69 01/05/2022
CITY OF HERMOSA BEACH
38 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
301 Capital Improvement Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 92,123.52 21,875.32 21,875.32 70,248.20 23.75 3450 Investment Discount 106.00 312.68 312.68 -206.68 294.98 3475 Investment Premium 0.00 0.49 0.49 -0.49 0.00
Total Use Of Money & Property 92,229.52 22,188.49 22,188.49 70,041.03 24.06 3900 Other Revenue
3913 In-Lieu Fee/Street Pavement 0.00 2,544.47 2,544.47 -2,544.47 0.00 3955 Operating Transfers In 1,772,773.00 738,655.00 738,655.00 1,034,118.00 41.67 Total Other Revenue 1,772,773.00 741,199.47 741,199.47 1,031,573.53 41.81 Total Capital Improvement Fund 1,865,002.52 763,387.96 763,387.96 1,101,614.56 40.93 Page: 38
70 01/05/2022
CITY OF HERMOSA BEACH
39 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
313 Greenwich Village N Utility Undergrnd Im
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3900 Other Revenue
Total Greenwich Village N Utility Undergrnd Im 0.00 0.00 0.00 0.00 0.00 Page: 39
71 01/05/2022
CITY OF HERMOSA BEACH
40 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
609 Bayview Dr Redemption Fund 2004-2
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 945.90 180.94 180.94 764.96 19.13
3450 Investment Discount 2.00 0.00 0.00 2.00 0.00
Total Bayview Dr Redemption Fund 2004-2 947.90 180.94 180.94 766.96 19.09 Page: 40
72 01/05/2022
CITY OF HERMOSA BEACH
41 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
610 Lwr Pier Dist Redemption Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 29.81 7.97 7.97 21.84 26.74
3450 Investment Discount 0.00 0.08 0.08 -0.08 0.00
Total Lwr Pier Dist Redemption Fund 29.81 8.05 8.05 21.76 27.00 Page: 41
73 01/05/2022
CITY OF HERMOSA BEACH
42 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
611 Beach Dr Assessment Dist Redemption Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 519.36 72.34 72.34 447.02 13.93
Total Beach Dr Assessment Dist Redemption Fund 519.36 72.34 72.34 447.02 13.93 Page: 42
74 01/05/2022
CITY OF HERMOSA BEACH
43 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
612 Beach Dr Assessment Dist Reserve Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 43.79 11.69 11.69 32.10 26.70
3450 Investment Discount 0.00 0.14 0.14 -0.14 0.00
Total Beach Dr Assessment Dist Reserve Fund 43.79 11.83 11.83 31.96 27.02 Page: 43
75 01/05/2022
CITY OF HERMOSA BEACH
44 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
617 Myrtle Ave Assessment Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 0.00 167.05 167.05 -167.05 0.00
Total Myrtle Ave Assessment Fund 0.00 167.05 167.05 -167.05 0.00 Page: 44
76 01/05/2022
CITY OF HERMOSA BEACH
45 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
618 Loma Drive Assessment Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
Total Loma Drive Assessment Fund 0.00 0.00 0.00 0.00 0.00 Page: 45
77 01/05/2022
CITY OF HERMOSA BEACH
46 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
619 Bayview Dr Reserve Fund 2004-2
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 143.78 38.34 38.34 105.44 26.67
Total Bayview Dr Reserve Fund 2004-2 143.78 38.34 38.34 105.44 26.67 Page: 46
78 01/05/2022
CITY OF HERMOSA BEACH
47 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
705 Insurance Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3800 Current Service Charges
3880 Insurance Service Charges 2,911,245.00 1,218,460.00 1,218,460.00 1,692,785.00 41.85 Total Current Service Charges 2,911,245.00 1,218,460.00 1,218,460.00 1,692,785.00 41.85 3900 Other Revenue
Total Other Revenue 0.00 0.00 0.00 0.00 0.00
Total Insurance Fund 2,911,245.00 1,218,460.00 1,218,460.00 1,692,785.00 41.85 Page: 47
79 01/05/2022
CITY OF HERMOSA BEACH
48 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
715 Equipment Replacement Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3800 Current Service Charges
3822 Building Maintenance Service Charges 101,556.00 42,315.00 42,315.00 59,241.00 41.67 3885 Comm Equip/Business Mach Charges 1,053,479.00 438,955.00 438,955.00 614,524.00 41.67 3889 Vehicle/Equip Replacement Charges 899,264.00 390,590.00 390,590.00 508,674.00 43.43 Total Current Service Charges 2,054,299.00 871,860.00 871,860.00 1,182,439.00 42.44 3900 Other Revenue
3901 Sale of Real/Personal Property 0.00 1,646.00 1,646.00 -1,646.00 0.00 Total Other Revenue 0.00 1,646.00 1,646.00 -1,646.00 0.00 6800 Current Service Charges Continued
6866 Records Technology Fee 79,358.00 51,703.17 51,703.17 27,654.83 65.15 Total Current Service Charges Continued 79,358.00 51,703.17 51,703.17 27,654.83 65.15 Total Equipment Replacement Fund 2,133,657.00 925,209.17 925,209.17 1,208,447.83 43.36 Grand Total 57,115,909.22 18,477,357.57 18,477,357.57 38,638,551.65 32.35 Page: 48
80 From: tony higgins <[email protected]>
Sent: Wednesday, March 2, 2022 2:46 PM
To: City Clerk <[email protected]>; Ann Yang <[email protected]> Cc: Suja Lowenthal <[email protected]>; Angela Crespi <[email protected]>; Mayor Michael Detoy <[email protected]>
Subject: Supplemental to Item VIII of tonights revenue study session Dear City Council
I dont think that anyone will dispute that transparency is required if city costs & revenue are to be allocated fairly between the Hermosa Beach business district and the residential community But the city staff failed to provide a report that compares the percent of ALL revenue coming in from residents versus commercial interests and failed to provide any info on the distribution of these funds to the business district versus the residential community.
These things can be estimated fairly accurately and there are a number of accounting firms that do just this.
Why wasn't this provided in the staff report?
Please also consider its not just a simple matter of saying the city gets X% of property tax revenue from commercial sources and Y% from resident sources though that would be a good start.
What percent of our police salaries are spent in support of the business district versus our residential homes and streets?
What percent of code enforcement and building permit revenue comes from residents versus businesses? What percent of code enforcement salaries are spent serving business versus residential needs?
How much parking ticket revenue comes from residents?
How much utility tax revenue comes from businesses versus residents and so on.
Are residents getting a fair shake? Who knows?
What are the goals?
Should the business district pay its way or should the residential community pay for business growth? These are tough questions and I sure hope the council will follow up on this in tonight's meeting
Once again what are the goals and who can articulate those goals to that residents are informed and aware?
The last time the city took a comprehensive look at this was many years ago. 81 If 65% of the revenue were coming from residents but only 35% of the revenue went towards serving the residential community needs then that would be a problem. It would require some explanation and justification.
What is the actual distribution?
How can the city know if it should be looking to the business community versus the residential community for additional revenue if it doesnt know this? The Governance Element of the General Plan states as Goal 1:
A High degree of transparency and integrity in the decision-making process.
I think city and our residents have huge blind spot on this and I hope the council is up to addressing this matter in tonight's Revenue Planning session Thank You.
Anthony Higgins
82 Transaction & Use Tax
Presentation and Estimate
City of Hermosa Beach
City Council Study
Session
March 3, 2022
83 Bobby Young
Client Services Director – Sales Tax
Mr. Young has over 25 years of local government
experience. Prior to joining HDL, he served the City of Costa Mesa for 13 years, the last 5 as Finance Director. He has also spent time as an external auditor of government and non-profit entities specializing in assessment and
documentation of internal controls and annual review and preparation of client’s Comprehensive Annual Financial
Report (CAFR). He’s been an active member in municipal
affairs with both the Government Finance Officers
Association (GFOA) and California Society of Municipal
Finance Officers (CSMFO), and holds a Bachelor’s degree from California State University, Fullerton in Accounting. 84 About HdL
TRIFECTA
Superior service
Increased revenue
Decreased costs
COMPLIANCE
HdL helps clients reduce risk
by keeping current with
ever-changing legislation
RESULTS
Average city growth
rates are ~3%,
HdL clients are 2x that!
PROUD
TO SERVE
CITIES, COUNTIES &
SPECIAL DISTRICTS
FOR
37+ YEARS
100%
EMPLOYEE
OWNED
500+
Municipal
Clients
$3billion+
Recovered
revenue
99.6%
Avg. Client
Retention
85 TRANSACTION AND USE TAX (TUT)
Transaction and Use Tax
District Tax
Add-on Tax
Legislative authority to tax -
California Revenue and Taxation
Code Section 7251 – 7279.6
7261(a) A provision imposing a tax for the privilege
of selling tangible personal property at retail upon
every retailer in the district at a rate of one-eighth
of 1 percent, or a multiple thereof, of the gross
receipts of the retailer from the sale of all tangible
personal property sold by that person at retail in
the district.
4 86
GENERAL VS SPECIFIC TAX - General
7285.9 - The governing body of any city may levy, increase, or extend a transactions and use tax for general purposes at a rate of 0.125 percent or a multiple thereof, if the ordinance proposing that tax is approved by a two-thirds vote of all members of that governing body and the tax is approved by a majority vote of the qualified voters of the city voting in an election on the issue. 5 87
GENERAL VS SPECIFIC TAX - Specific
7285.91 - …for the purpose for which it is established, The ordinance proposing that tax is approved by a two-thirds vote of all members of the governing body and is
subsequently approved by a two-thirds vote of the qualified voters of the city voting in an election on the issue
6 88
• Additional Local Taxes – Rev & Tax Code 7280-7298
• Rev & Tax Code 7270 - Administration
The district is required to contract with the CDTFA
(California Department of Taxes and Fees Administration) to perform all functions in the administration and
operation of the ordinance imposing the tax.
TRANSACTION & USE TAXES INFO
7 89
TRANSACTION & USE TAXES INFO
Rev & Tax Code 7251.1
The combined rate of all taxes imposed in accordance with this part in any county may not exceed 2 percent (above the base sales tax rate), except…
8 90
9 Current Sales Tax received
TUT increasing cap = 1%
TUT applied against cap = 1.25%
Leaves 0.75% available
for local TUT
91 Approximately 95% of the state’s population live in
one or more transactions and use tax district
177
215
267
317
406
0 50
100
150
200
250
300
350
400
450
Total Individual TUT
2013 2016 Nov 2016 Nov 2018 Nov 2020
NEW
NUMBER OF TUT DISTRICTS ARE INCREASING
10 92
• 34 of 58 Counties
• 222 of 482 Cities
‒ Northern - 103
‒ Central - 54
‒ Southern – 65
‒ Coastal - 132
‒ Central - 78
‒ Mountains - 12
WHO AND WHERE?
93 L.A. COUNTY LOCAL TUTs
12 • 56 Cities/Agencies have TUTs – including countywide measures • 10 effective April 1, 2021 as a result of the Nov 2020 election cycle Hawthorne 0.75% (4/18)
Lawndale 0.75% (4/19)
Gardena 0.75% (7/20)
Carson 0.75% (7/21)
Lomita 0.75% (4/21)
Long Beach 1.00% (1/17)
Inglewood 0.50% (4/07)
Santa Monica 1.00% (4/17)
Culver City 0.75% (4/13)
Pasadena 0.75% (4/19)
Glendale 0.75% (4/19)
Burbank 0.75% (4/19)
94 FUNCTIONAL DIFFERENCES TO BRADLEY-BURNS
ALL OTHER RETAILERS
95 FUNCTIONAL
DIFFERENCES TO
BRADLEY-BURNS
VEHICLES,
VESSELS,
AIRCRAFT
BUYER PAYS TOTAL SALES TAX RATE
WHERE VEHICLE WILL BE REGISTERED
Example:
1. Buyer lives in non-TUT city with total
sales tax rate of 9.5%, purchases a
vehicle from a car dealer in a city that
has a total sales tax rate of 10.25%.
Buyer will only pay 9.5% sales tax to car
dealer. Local 1% Bradley-Burns tax will be
allocated to city where car dealer is located.
No additional local taxes will be allocated.
14 96
FUNCTIONAL
DIFFERENCES TO
BRADLEY-BURNS
VEHICLES,
VESSELS,
AIRCRAFT
BUYER PAYS TOTAL SALES TAX RATE
WHERE VEHICLE WILL BE REGISTERED
Example:
2. Buyer lives in a city with TUT - total
sales tax rate of 10.25% (assume 0.75%
TUT), purchases a vehicle from a car
dealer in a city that has a total sales tax
rate of 9.5%
Buyer will pay 10.25% sales tax to car
dealer. Local 1% Bradley-Burns tax will be
allocated to city where car dealer is located.
0.75% TUT will be remitted to City where
Buyer lives.
15 97
FUNCTIONAL DIFFERENCES TO BRADLEY-BURNS
BUILDING SUPPLIES, EQUIPMENT AND BULK FUEL
DELIVERIES INTO CITY
TUT tax collected
DELIVERIES OUT OF CITY
TUT tax NOT collected
CITY WITH TUT
98 • There is an impact, but too small to measure
• Consumers focus on base cost
• Hassle factor
• Alternative purchase options
HOW DO
“ADD ON”
TAXES EFFECT
BUYING?
99 HERMOSA
BEACH
0.75%
TUT ESTIMATE
Autos/Transportation $ 570,000
Building/Construction 210,000
Business/Industry 315,000
Food/Drugs 315,000
Fuel/Service Stations 110,000
General Consumer Goods 675,000
Restaurants 830,000
Administration Fee (25,000)
Total $ 3,000,000
18 100
EXAMPLE
CALENDAR
OF EVENTS Jan.–Feb.
Communicate
with Council,
Community,
CDTFA, City
Clerk, Fiscal
Impacts
Mar.–Apr.
Community
Feedback,
Communication
with CDTFA & City
Clerk, Fiscal
Impacts
May–June
City Council
Approval with
Fiscal Impacts,
Communication
with CDTFA,
City Clerk
July–Aug.
City Clerk Filing,
County
Registrar of
Voters for Ballot
Sep.–Oct.
Communication
with Voters,
Community Groups,
Employee Groups
November
ELECTION
19 101
• Approved tax measure will go into effect the first calendar quarter 110 days after the adoption of the ordinance
‒ November 2022 approval
‒ April 1, 2023 effective date
‒ First monthly advances begin June 2023 –
first full year FY 23-24
SUCCESS !?!?!
20 102
Thank you!
Bobby Young
[email protected]
Phone: 714.879.5000
www.hdlcompanies.com
Brea | Fresno | Pleasanton
103
City of Hermosa Beach
Staff Report
City Hall
1315 Valley Drive
Hermosa Beach, CA 90254
Staff Report
REPORT 22-0125
Honorable Mayor and Members of the Hermosa Beach City Council Adjourned Regular Meeting of March 3, 2022
CONSIDERATION OF TAKING ACTION OR GIVING DIRECTION TO STAFF ON ITEMS FROM
THE REVENUE STUDY SESSION
(Finance Director Viki Copeland)
Recommended Action:
Staff recommends City Council discuss the Revenue Study Session Discussion Items (Attachment 2) and provide staff direction.
Executive Summary:
The attached list of revenue sources (Attachment 2) reflects both City Council and staff suggested items for review. Status updates are provided in red for items that are already complete or are in progress. After receiving the staff presentation and discussing items at the Revenue Study Session, Council may choose to take action or provide staff direction at this Adjourned Meeting of the City Council.
Discussion:
An overview of the City’s revenue sources and a list of discussion items was presented with the Revenue Study Session Slides (Attachment 1). The Revenue Study Session Discussion Items (Attachment 2) is a list of revenue sources reflecting both City Council and staff suggested items for review. At this time, some items are complete and others are in progress. A status update is included with the list of items and shown in red. The list is separated into the following sections:
1. Taxes;
2. Use of Property and User Fees; and
3. Other Funding Sources.
Staff recommends City Council consider the items and provide staff any desired direction at this Adjourned Meeting of the City Council.
General Plan Consistency:
This report and associated recommendation have been evaluated for their consistency with the City’s City of Hermosa Beach Page 1 of 2 Printed on 5/24/2023
powered by Legistar™104
Staff Report
REPORT 22-0125
General Plan. Relevant Policies are listed below:
Governance Element
Goal 1. A High degree of transparency and integrity in the decision-making process.
Policy:
· 1.6 Long-term consideration. Prioritize decisions that provide long-term community benefit and discourage decisions that provide short-term community benefit but reduce long-term opportunities.
Goal 6. A broad-based and long-term economic development strategy for Hermosa Beach that supports existing businesses while attracting new business and tourism.
Policies:
· 6.1 Long-term economic development. Support the development and implementation of long-term development strategies that seek to establish and keep new businesses and a strong middle class in Hermosa Beach over the decades to come. · 6.3 Diversified Economy. Encourage economic development strategies that allow the city to move beyond reliance on its two main industries - accommodation and food service and retail trade - and transform itself to a mature mix of economic activity and job opportunities. · 6.7 Retail base. Encourage economic development reflective of the character of Hermosa Beach with small and medium scale retail development within Hermosa Beach in order to create a stronger tax base and increase the City’s tax revenue.
Fiscal Impact:
There is no fiscal impact associated with the recommended action. The fiscal impact of any individual item or direction would be provided upon return to City Council.
Attachments:
1. Revenue Study Session Slides
2. Revenue Study Session Discussion Items
3. Revenue Report for November 2021
Respectfully Submitted by: Viki Copeland, Finance Director Approved: Suja Lowenthal, City Manager
City of Hermosa Beach Page 2 of 2 Printed on 5/24/2023
powered by Legistar™105
Revenue Study Session
March 3, 2022
Attachment 1 of 3 1 106
General Fund Revenue
2 Property Taxes, 51.2%
Service Charges, 15.1%
Other Taxes, 3.3%
Sales Taxes, 6.8% UUT, 5.2% TOT, 4.8%
Business License, 2.8%
Lic/Permits, 2.0%
Fines, 4.8%
Use/Money, Prop, 3.7%
Intergvt/State, 0.3%
2021-22 Budgeted Revenue by Category
107
General Fund Revenue
3 Top Tax
Revenue Sources
2021-22 Revised
Budget
% of Total
Revenue
Property Tax $20,483,389 51.2%
Sales Tax $2,717,628 6.8%
Transient Occupancy Tax (TOT) $1,928,358 4.8%
Utility Users Tax (UUT) $2,093,903 5.2%
Top Tax Total $27,223,278 68%
108
General Fund Revenue
4 Revenue Sources
2021-22 Revised
Budget
% of Total
Revenue
Top Tax Sources $27,223,278 68%
Other Taxes $2,428,235 6.1%
Licenses/Permits $785,512 2%
Fines/Forfeitures $1,906,306 4.8%
Use/Money and Property $1,469,888 3.7%
Intergovt/State $142,192 0.3%
Service Charges $6,041,373 15.1%
Other Revenue $18,511 0%
Total General Fund Revenue $40,015,295
109
Revenue Study Session
A. Taxes
5 1. Property Tax
a. Split Roll for Property Tax (State measure,
did not pass)
b. Parcel Tax (Information only)
2. Sales Tax
a. Pursue Sales Tax at the Former Land
Rover Site (Status: Complete)
b. District Tax (Transaction and Use Tax)
110
Revenue Study Session
A. Taxes
6 3. Utility User Tax (UUT)
a. Explore Options to Address Erosion of UUT
(Status: In Progress)
4. Transient Occupancy Tax (TOT)
a. Increase the TOT Tax (Status: Complete)
b. TOT Audits (Status: Complete)
c. Short-Term Vacation Rentals in
Commercial Zone (Status: Complete)
111
Revenue Study Session
A. Taxes
7 5. Consider a Cannabis Tax (Status: In
Progress)
6. Business License Tax
a. Consider an Increase or Changes
112
Revenue Study Session
B. Use of Property and User Fees
8 1. Parking Revenue (Status: In Progress)
a. Parking Meter Rates
b. Mobile App
c. Parking Citation Fines
d. Parking Permit Rates
e. Other Parking Permits
f. Electric Vehicle Charging Fee/
Free Parking at Meter
113
Revenue Study Session
B. Use of Property and User Fees
9 2. Encroachments
a. Resume Permanent Outdoor
Encroachment Fees Status: Complete
b. Increase Permanent Outdoor
Encroachment Fees
c. Set Fee for Temporary Outdoor
Encroachments Status: Complete
114
Revenue Study Session
B. Use of Property and User Fees
10 3. Other Property-Related
a. Increase Storage Property Lease (Status:
Complete)
b. Increase Residential Encroachment Fees
c. Apply CPI for Annual Sewer Charge (Status:
In Progress)
d. Enhance Clark Building as a Revenue
Generator
115
Revenue Study Session
B. Use of Property and User Fees
11 3. Other Property-Related, continued
e. Re-evaluate the Lighting Landscaping Fund (Status: In Progress) f. Implementation of a Storm Water Fee
g. Possibility of More Undersea Cables
h. Park Recreation In Lieu Fee
116
Revenue Study Session
B. Use of Property and User Fees
12 3. Other Property-Related, continued
i. User Fee Study (Service Charges)
j. Fee Waivers (Status: Complete)
k. Create a Municipal Lease Policy
117
Revenue Study Session
C. Other Funding Sources
13 1. Settlement Bond Refunding (Status:
Complete)
Year Ending
November 1 Principal Interest Total Debt Service
2021 395,000 330,528 725,528
2022 415,000 310,200 725,200
2023 435,000 293,600 728,600
2024 450,000 276,200 726,200
2025 470,000 258,200 728,200
2026 490,000 239,400 729,400
2027 510,000 219,800 729,800
2028 535,000 199,400 734,400
2029 560,000 178,000 738,000
2030 580,000 155,600 735,600
2031 610,000 132,400 742,400
2032 635,000 108,000 743,000
2033 665,000 82,600 747,600
2034 685,000 56,000 741,000
2035 715,000 28,600 743,600
Total: $ 8,150,000 $ 2,868,528 $ 11,018,528 118
Revenue Study Session
C. Other Funding Sources
14 2. Economic Development Committee
3. Business Improvement District (BID)
119
City Council
Questions/Comments
15 120
REVENUE STUDY SESSION
DISCUSSION ITEMS
A. TAXES
All tax increases require placement on a regularly scheduled general election of City Councilmembers unless an emergency is declared by unanimous vote of the Council. A general tax is a tax imposed for general governmental purposes, the proceeds of which are deposited into the General Fund. A majority vote of the electorate is required to impose, extend or increase any general tax. A special tax is a tax that is collected and earmarked for a specific purpose and deposited either into a separate account or the General Fund. A two-thirds vote of the electorate is required to impose, extend or increase any special tax.
1. Property Tax
a. Split Roll for Property Tax
State Proposition 15, also referred to as the Split Roll Tax, was a proposition on the November 3, 2020 ballot in California that sought to remove Proposition 13 tax protections from commercial properties. For properties valued at $5 million or more, an additional 1.2 percent “surcharge” each year would be added onto the regular property tax.
Status: The vote was 51.97 percent no, 48.03 percent yes. This item was on the study session list as an educational item if the measure passed. Another split roll proposal, different from the previous one, was submitted to the Attorney General in October 2021 and will be tracked for qualifying.
b. Parcel Tax
A special tax on parcels of property generally based on either a flat per-parcel rate or a variable rate depending on the size, use and/or number of units on the parcel. Voter approval of 2/3 is required.
Status: This is an informational item only. Parcel taxes are not as common as other locally imposed taxes for cities. The tax is the primary method of collecting additional operating revenue for schools and special districts who do have not the ability to seek general taxes.
2. Sales Tax
a. Pursue Sales Tax at the Former Land Rover Site
Staff, with assistance from the City Attorney’s Office, developed a sales tax sharing agreement between Hermosa Beach and Redondo Beach to share sales tax generated by the Mitsubishi dealership according to the percent of land for the dealership in each city, which is 47 percent for Hermosa Beach and 53 percent for Redondo Beach. A three-party agreement including the dealership was also developed for the dealership’s reporting of the tax to the State.
Concurrence from the state was sought since an agreement of this type had not been implemented since the 70’s.
Status: Complete. The City Council approved the agreements on January 26, 2021.
121
b. District Tax (Transaction and Use Taxes)
District taxes are not the same as the local sales tax imposed under the BradleyBurns Uniform Local Sales and Use Tax Law. District taxes are separate voterapproved transaction and use taxes imposed by certain cities, counties and other local jurisdictions on the purchase and use of tangible personal property (merchandise). For example, the tax applies to purchases of automobiles registered in the district and to merchandise shipped into the district rather than sales made within the district.
The maximum combined rate within any county may not exceed 2 percent unless specifically authorized by statute. Local taxes are imposed in every city and county in California at a uniform rate of 1.25 percent. Metropolitan Transportation Authority obtained authorization to raise the limit to 3 percent therefore a district tax rate of .75 percent could be imposed for Hermosa Beach. This tax is in addition to the 1 percent sales tax already received by the City.
In Los Angeles County, 56 out of 88 cities have a district tax.
A 2/3 vote (four out of five) by City Council is required to place the measure on the ballot; a majority of voters is required for passage of a district tax. A general tax election must be consolidated with a regularly scheduled general purpose election of City Councilmembers unless an emergency is declared by unanimous vote of the Council.
Status: City Council may consider this item for placement on the November 2022 election. If 2/3 of the City Council concurs, the item will be brought back at a future City Council meeting.
3. Utility User Tax (UUT)
a. Explore Options to Address Erosion of UUT
The City’s contract with Avenu, the consultant who monitors utility tax revenue, allows for city specific audits. The City Manager gave approval in September 2021 to move forward with audits of streaming providers Disney+, Hulu, ESPN, Netflix and Amazon Prime Video in order to apply the UUT to these services.
Status: In Progress. Meetings between Avenu and the streaming providers continue. Fran Mancia, Vice President of Government Relations with Avenu provided the following update:
• Netflix changed representatives and we have a meeting next week (March 2nd). No legal qualms this far. Just delays. We expect resolution this calendar year.
• Amazon is not disputing local Utility User Taxes owed. However, they are carefully reviewing each local jurisdictions ordinances and looking for technicalities to ensure all of city contracts with outside consulting and auditing firm are valid and that they still meet requirements for validity. No legal arguments in dispute.
122
• Disney received the information request and seems to be cooperative but is asking for more time to gather documents.
4. Transient Occupancy Tax (TOT)
a. Increase the TOT Tax
Status: Complete. Voters approved the TOT increase from 12 percent to 14 percent 1/5/2019 to be effective January 1, 2020.
b. TOT Audits
Status: Complete. The last audit was in 2018. The audit will be budgeted for 2022-23 as 5 years is the typical timeframe for these audits. c. Short Term Vacation Rentals for Commercial Zone
Status: Complete. Five commercial properties are approved at this time and paying TOT.
5. Consider a Cannabis Tax
Status: In Progress. In view of the signature gathering that is underway to place a measure on the November 2022 ballot an advisory group was created to provide a recommendation to City Council in April.
6. Business License Tax
Consider an Increase or Changes to the Business License Tax The business license tax was last increased on the ballot measure of November 8, 2011. A Business License Tax Review Committee developed the proposal after a lengthy process with meetings from December 2011 through July 2011 .
Status: If a change or increase in the business license tax is desired, staff recommends the city consider hiring a consultant to assess the composition of city businesses and provide options.
B. USE OF PROPERTY AND USER FEES
1. Parking Revenue
Status: In progress. A Parking Study Session was conducted 1/31/22. A public hearing will be scheduled in July/August to consider the following items. a. Parking Meter Rates
b. Mobile App
Status: Mobile app proposals are in review and a provider will be selected prior to the public hearing
c. Parking Citations Fines
d. Parking Permit Rates, Residential and Lots, Employee Permits e. Other Parking Permits, Contractor, Driveway
f. Electric Vehicle Charging Fee/ Free Parking at Meters 123
2. Encroachments
a. Resume Permanent Outdoor Encroachment Fees
Status: In Progress. Existing fees reinstated effective March 1, 2022 b. Increase Permanent Outdoor Encroachment Fees
If City Council wants to consider rate increases, Staff would recommend acquiring a new market study.
c. Set Fee for Temporary Outdoor Encroachments
Status: In Progress. Fee of $1.50/square foot implemented March 1, 2022 for added permanent outdoor dining and previously temporary outdoor dining encroachments.
3. Other Property-Related
a. Increase Storage Property Lease
Status: Compete. A new lease rate of $20,000/month was negotiated to be effective July 2021. A CPI clause was implemented, resulting in a current rate of $20,600/month, an increase of $67,200 from the prior rate of $15,000/month. b. Increase Residential Encroachment Permit Fee
Residential encroachment permit fees are charged when a property owner wants to have non-permanent improvements on a portion of City property adjacent to their property. The fees cover the staff time to process the permit. The current fee for this item is $1,437.01.
The Residential Encroachment Fee is a one-time fee that stays with the property until change of ownership or the permit is revoked. The cost of the permit is the same whether it is a permit to install irrigation in the parkway or to use excess Right-of-Way (ROW) for private use in the rear or front of a property.
Status: Public Works is proposing to engage consulting services to assess the residential encroachment permit process. The assessment would include the feasibility study to separate the permits in different categories (i.e. Parkway irrigation, use of excess ROW citywide excluding the coastal zone, coastal zone (The Strand)), and study the possibility of changing the fee from a one-time fee to an annual fee, depending on the permit category.
Currently, Coastal Commission is not permitting the City to issue residential encroachment permits at The Stand because they state that the fee charged should be related to the cost of the land, and the fees collected in the coastal zone (in particular The Strand) need to be used exclusively to maintain, improve and provide coastal access. The analysis of land valuation will also be in the scope of the feasibility study. This process would also require possible modifications to the Municipal Code.
c. Apply CPI for Annual Sewer Charge
The sewer fee which was initiated in 2015 included Consumer Price Index (CPI) increases not to exceed 2 percent per year. As per the originating sewer charge resolution, annual increases can only be authorized for a five-year period. Due to 124
the pandemic, staff did not move forward with reinstating the five-year term for applying the CPI to the fee in FY 2021–22
Status: In Progress. Public Works is engaging an assessment engineer to prepare a preliminary evaluation which would go to Council in April. The process would then require notifying each property owner in writing a minimum 45 days in advance of a protest hearing which would occur in June. The City would be required to adopt an ordinance at that time in order to place the sewer service charge on the annual County of Los Angeles Tax Roll by July. d. Enhance Clark Building as a Revenue Generator
Status: Final plans for Clark Building Improvements were approved by City Council on January 25, 2022.
Staff will develop activities and fees based on the planned newly remodeled facility.
e. Re-evaluate the Lighting Landscaping Fund
The Fund has had a deficit of $229,790 for 2021–22, $291,002 for 2020–21, $175,932 for 2019–2020, $210,000 for 2018–2019 $87,000 for 2017–18 and $178,000 2016–17.
There was a protest vote against an additional assessment of $165,000 on July 25, 2006. The measure failed 52 percent to 48 percent.
Status: In progress. Public Works engaged the assessment engineer to provide a feasibility study for creating a second district to cure the deficit and provide other options to consider. The laws have changed since creation of the original district so a second district will be recommended for any increase. The report will be available in April. Creating a new district would require a mailed ballot to each property owner in the district.
f. Implementation of a Storm Water Fee
Storm water costs are currently funded by a transfer of $700,000 in utility user tax revenue from the General Fund and revenue of approximately $157,000 in Measure W funds.
Status: Public Works and the Environmental Programs Manager will undertake a review of the costs and viability of a fee in the future. g. Possibility of More Undersea Cables
City Council inquired about this previously. In checking with our contact the following was provided:
• Cable 3 (SX-NEXT) has landed but is still in the installation phase to Australia. The current expected System Operation Date is May 2022. • Cable 4 (HKA). This has been significantly delayed due to US/China disputes. Best estimate at this point would be a System Operational Date in 2024.
• Other cables? 6th Street or 10th Street: We have recently received additional inquires for capacity into Hermosa Beach. While nothing is certain or even probable, cable owners are expressing interest in additional facilities into Hermosa Beach. Competing for a landing there would be the facilities 125
installed at Dockweiler State Beach (El Segundo). There are two landing pipes available there. Also, Grover Beach is a point of interest for these same cables.
h. Park Recreation In-Lieu Fee
This fee is an impact fee intended to provide funds to cover the cost for acquiring open space property as subdivision condition of approval per Chapter 16.12 of the Municipal Code. The developer has the choice of paying the fee or dedicating land in an amount equal to the average estimated fair market value of land.
Dedication of land in Hermosa Beach in impractical since the city is virtually built out. The fee was last updated in 2007 based on an independent appraisal. The code requires an independent appraisal of open space zoned property in the city in order to set the fee.
Status: Staff will look into getting an appraisal in order to make a recommendation.
i. User Fee Study (Service Charges)
The City conducts a User Fee Study every five years to recalculate fees to recover the cost of services, as required by Proposition 218. At that time, departments will also recommend inclusion of any new fees. The last study was conducted in 2016.
Status: The study is included in the 2021–2022 budget.
j. Fee Waivers
Status: Complete. A Special Event Fee Waiver Policy was implemented on October 10, 2019.
k. Create a Municipal Lease Policy
The Community Resources Department and the Parks, Recreation and Community Resources Advisory Commission’s Municipal Lease Policy Subcommittee have been working on the creation of a Municipal Lease Policy, which focuses on 10 City facilities that are currently leased to seven (7) non-profit or Hermosa Beach-based organizations. Staff and the Subcommittee received input from both the Commission and City Council in 2019 to form the current draft of the policy. In January 2020, a Market Rate Study was completed to assist with establishing lease rates for all 10 facilities and several additional facilities that may be subject to a lease agreement in the future.
Status: Staff will re-engage the subcommittee to develop next steps and a timeline and to begin additional outreach with the lessees to present a final draft of the Municipal Lease Policy for City Council review and approval. 126
C. OTHER FUNDING SOURCES
1. Settlement Bond Refunding
Status: Complete. The 2015 Lease Revenue Bonds were refunded in October 2020 which saved almost $1,000,000 over the life of the bonds. The principal and interest payments are made from the General Fund.
2. Formation of the Economic Development Committee
The Economic Development Committee’s first meeting was held on June, 2020 is comprised of two Councilmembers and two Planning Commissioners. It has been established to provide leadership and to advise the City Council and Planning Commission to ensure the preservation and vitality of Hermosa Beach businesses for recovery and resilience after COVID-19 business disruption and to develop longer term Economic Development goals and programs Status: The Economic Development Committee is near completion of an Economic Development Strategy to be considered for adoption by the City Council.
127
3. Business Improvement District (BID)
Business improvement districts (BIDs) are quasi-public entities formed by businesses in a defined area where businesses agree through a formal vote to assess themselves to fund services and projects within the district’s boundaries that support and augment municipal services. BIDs typically fund services such as cleaning streets, providing security, making capital improvements, construction of pedestrian and streetscape enhancements, and marketing the area. The services provided by BIDs are supplemental to those already provided by the municipality. BIDs are established to provide services and are known to be key to promoting economic development within a designated district.
Status: To be determined by the business community. The City is only able to serve in a supportive role in initiating BID formation process. The City has been willing to support this effort by allocating funds for a consultant firm to provide educational/informational sessions for the business community and to jump start the process toward BID formation should the businesses wish to proceed. 128
01/05/2022
CITY OF HERMOSA BEACH
1 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
001 General Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
3101 Current Year Secured 16,525,157.00 0.00 0.00 16,525,157.00 0.00 3102 Current Year Unsecured 535,331.00 504,665.20 504,665.20 30,665.80 94.27 3103 Prior Year Collections 0.00 179,009.41 179,009.41 -179,009.41 0.00 3106 Supplemental Roll SB813 400,000.00 109,727.73 109,727.73 290,272.27 27.43 3107 Transfer Tax 346,860.00 412,528.37 412,528.37 -65,668.37 118.93 3108 Sales Tax 2,717,628.00 980,542.98 980,542.98 1,737,085.02 36.08 3109 1/2 Cent Sales Tx Ext 242,000.00 79,061.21 79,061.21 162,938.79 32.67 3110 Spectrum Cable TV Franchise 184,000.00 46,598.50 46,598.50 137,401.50 25.33 3111 Electric Franchise 81,421.00 0.00 0.00 81,421.00 0.00 3112 Gas Franchise 43,650.00 0.00 0.00 43,650.00 0.00
3113 Refuse Franchise 299,732.00 113,146.83 113,146.83 186,585.17 37.75 3114 Transient Occupancy Tax 1,928,358.00 1,700,574.30 1,700,574.30 227,783.70 88.19 3115 Business License 1,107,467.00 379,650.86 379,650.86 727,816.14 34.28 3120 Utility User Tax 2,093,903.00 856,198.56 856,198.56 1,237,704.44 40.89 3122 Property tax In-lieu of Veh Lic Fees 3,022,901.00 21,561.28 21,561.28 3,001,339.72 0.71 3123 Frontier Cable Franchise Fee 123,105.00 27,861.31 27,861.31 95,243.69 22.63 Total Taxes 29,651,513.00 5,411,126.54 5,411,126.54 24,240,386.46 18.25 3200 Licenses And Permits
3202 Dog Licenses 29,862.00 21,712.50 21,712.50 8,149.50 72.71 3204 Building Permits 556,948.00 290,610.12 290,610.12 266,337.88 52.18 3205 Electric Permits 72,000.00 43,513.00 43,513.00 28,487.00 60.43 Page: 1
Attachment 3129
01/05/2022
CITY OF HERMOSA BEACH
2 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
001 General Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3206 Plumbing Permits 60,000.00 41,188.24 41,188.24 18,811.76 68.65 3207 Occupancy Permits 9,000.00 1,672.00 1,672.00 7,328.00 18.58 3208 Grease Trap Permits 2,380.00 1,259.00 1,259.00 1,121.00 52.90 3209 Garage Sales 84.00 70.00 70.00 14.00 83.33
3211 Banner Permits 56.00 799.57 799.57 -743.57 1427.80 3213 Animal Redemption Fee 162.00 54.00 54.00 108.00 33.33 3214 Amplified Sound Permit 0.00 3,487.00 3,487.00 -3,487.00 0.00 3215 Temporary Sign Permit 475.00 0.00 0.00 475.00 0.00 3217 Open Fire Permit 900.00 529.00 529.00 371.00 58.78 3219 Newsrack Permits 112.00 0.00 0.00 112.00 0.00
3226 Admin Permit - Limited Outdoor Seating 513.00 0.00 0.00 513.00 0.00 3227 Mechanical Permits 48,000.00 40,881.00 40,881.00 7,119.00 85.17 3228 Concealed Weapons Permit 100.00 0.00 0.00 100.00 0.00 3230 Temporary Minor Special Event Permit 2,595.00 519.00 519.00 2,076.00 20.00 3236 Drone Permit Fee 2,325.00 725.00 725.00 1,600.00 31.18 Total Licenses And Permits 785,512.00 447,019.43 447,019.43 338,492.57 56.91 3300 Fines & Forfeitures
3301 Municipal Court Fines 39,351.00 19,275.08 19,275.08 20,075.92 48.98 3302 Court Fines /Parking 1,821,205.00 705,835.85 705,835.85 1,115,369.15 38.76 3305 Administrative Fines 32,000.00 3,700.00 3,700.00 28,300.00 11.56 3306 Nuisance Abatement- Restrooms 13,750.00 900.00 900.00 12,850.00 6.55 Total Fines & Forfeitures 1,906,306.00 729,710.93 729,710.93 1,176,595.07 38.28 Page: 2
130
01/05/2022
CITY OF HERMOSA BEACH
3 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
001 General Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 80,107.46 27,202.51 27,202.51 52,904.95 33.96 3404 Community Center Leases 25,401.16 1.00 1.00 25,400.16 0.00 3405 Community Center Rentals 194,700.00 87,201.50 87,201.50 107,498.50 44.79 3406 Community Center Theatre 100,000.00 13,733.00 13,733.00 86,267.00 13.73 3414 Fund Exchange 490,000.00 490,000.00 490,000.00 0.00 100.00 3418 Special Events 90,000.00 29,790.50 29,790.50 60,209.50 33.10 3422 Beach/Plaza Promotions 11,771.00 53,981.00 53,981.00 -42,210.00 458.59 3425 Ground Lease 56,401.00 23,500.20 23,500.20 32,900.80 41.67 3427 Cell Site License- Sprint 42,530.00 17,502.10 17,502.10 25,027.90 41.15 3428 Cell Site License - Verizon 35,775.00 14,758.50 14,758.50 21,016.50 41.25 3429 Inmate Phone Services 50.00 13.56 13.56 36.44 27.12 3431 Storage Facility Operating Lease 259,560.00 103,000.00 103,000.00 156,560.00 39.68 3432 Film Permits 83,500.00 16,800.00 16,800.00 66,700.00 20.12 3450 Investment Discount 92.00 451.38 451.38 -359.38 490.63 3475 Investment Premium 0.00 0.25 0.25 -0.25 0.00
Total Use Of Money & Property 1,469,887.62 877,935.50 877,935.50 591,952.12 59.73 3500 Intergovernmental/State
3507 Highway Maintenance 2,300.00 0.00 0.00 2,300.00 0.00 3508 Mandated Costs 4,858.00 4,858.00 4,858.00 0.00 100.00 3509 Homeowner Property Tax Relief 81,196.00 0.00 0.00 81,196.00 0.00 3510 POST 30,631.00 5,167.44 5,167.44 25,463.56 16.87
Page: 3
131
01/05/2022
CITY OF HERMOSA BEACH
4 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
001 General Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3511 STC-Service Officer Training 7,500.00 1,170.00 1,170.00 6,330.00 15.60 3575 VLF Coll Excess of $14m-Rev code 11001.5 15,707.00 0.00 0.00 15,707.00 0.00 Total Intergovernmental/State 142,192.00 11,195.44 11,195.44 130,996.56 7.87 3800 Current Service Charges
3801 Residential Inspection 54,800.00 32,768.00 32,768.00 22,032.00 59.80 3802 Planning Sign Permit/Master Sign Program 4,970.00 6,639.55 6,639.55 -1,669.55 133.59 3804 General Plan Maintenance Fees 104,283.00 45,315.00 45,315.00 58,968.00 43.45 3805 Amendment to Planning Entitlement 26,802.00 0.00 0.00 26,802.00 0.00 3809 Tentative Map Review 19,516.00 9,758.00 9,758.00 9,758.00 50.00 3810 Final Map Review 2,924.00 1,462.00 1,462.00 1,462.00 50.00 3811 Zone Change 4,226.00 0.00 0.00 4,226.00 0.00
3812 Conditional Use Permit - Comm/Other 15,210.00 5,070.00 5,070.00 10,140.00 33.33 3813 Plan Check Fees 300,000.00 234,212.65 234,212.65 65,787.35 78.07 3815 Public Works Services 96,900.00 53,635.00 53,635.00 43,265.00 55.35 3816 Utility Trench Service Connect Permit 98,499.00 36,808.00 36,808.00 61,691.00 37.37 3817 Address Change Request Fee 4,035.00 2,259.00 2,259.00 1,776.00 55.99 3818 Police Services 3,000.00 551.00 551.00 2,449.00 18.37 3821 Daily Permit Lot A/Parking Structure 40,711.00 20,987.00 20,987.00 19,724.00 51.55 3823 Special Event Security/Police 0.00 10,521.84 10,521.84 -10,521.84 0.00 3824 500' Noticing 18,213.00 1,401.00 1,401.00 16,812.00 7.69 3825 Public Notice Posting 3,780.00 0.00 0.00 3,780.00 0.00 3827 Library Grounds Maintenance 10,065.00 0.00 0.00 10,065.00 0.00 3831 Non-Utility Street Excavation Permit 42,472.00 12,825.00 12,825.00 29,647.00 30.20 Page: 4
132
01/05/2022
CITY OF HERMOSA BEACH
5 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
001 General Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3834 Encroachment Permit 54,800.00 18,888.84 18,888.84 35,911.16 34.47 3836 Refund Transaction Fee 1,000.00 2,820.00 2,820.00 -1,820.00 282.00 3837 Returned Check Charge 200.00 50.00 50.00 150.00 25.00 3838 Sale Of Maps/Publications 0.00 10.00 10.00 -10.00 0.00 3839 Photocopy Charges 300.00 150.00 150.00 150.00 50.00 3840 Ambulance Transport 575,000.00 290,628.23 290,628.23 284,371.77 50.54 3841 Police Towing 84,750.00 37,098.00 37,098.00 47,652.00 43.77 3842 Parking Meters 1,615,464.00 891,316.94 891,316.94 724,147.06 55.17 3843 Parking Permits-Annual 392,067.00 21,220.00 21,220.00 370,847.00 5.41 3844 Daily Parking Permits 2,174.00 1,085.00 1,085.00 1,089.00 49.91 3845 Lot A Revenue 410,408.00 216,623.00 216,623.00 193,785.00 52.78 3846 No Pier Pkg Structure Revenue 514,551.00 258,767.50 258,767.50 255,783.50 50.29 3848 Driveway Permits 3,500.00 2,118.00 2,118.00 1,382.00 60.51 3849 Guest Permits 500.00 387.00 387.00 113.00 77.40
3850 Contractors Permits 40,000.00 14,416.00 14,416.00 25,584.00 36.04 3852 Recreation Program Transaction Fee 47,000.00 21,715.50 21,715.50 25,284.50 46.20 3855 Bus Passes 0.00 168.00 168.00 -168.00 0.00
3856 500' - 2nd Noticing 1,674.00 0.00 0.00 1,674.00 0.00 3857 Parking Plan Application 9,356.00 0.00 0.00 9,356.00 0.00 3858 Monthly Permit Lot A/Parking Structure 85,700.00 39,680.00 39,680.00 46,020.00 46.30 3862 Alarm Permit Fee 5,250.00 1,386.00 1,386.00 3,864.00 26.40 3865 Lot B Revenue 74,517.00 45,985.75 45,985.75 28,531.25 61.71 3867 Precise Development Plans 16,068.00 0.00 0.00 16,068.00 0.00 3868 Public Noticing/300 Ft Radius 3,368.00 4,210.00 4,210.00 -842.00 125.00 Page: 5
133
01/05/2022
CITY OF HERMOSA BEACH
6 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
001 General Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3877 Business License Registration 9,700.00 6,102.00 6,102.00 3,598.00 62.91 3879 Business License Renewal Fee 35,000.00 14,580.00 14,580.00 20,420.00 41.66 3881 Tobacco Retailer Renewal 4,296.00 0.00 0.00 4,296.00 0.00 3883 Final/Tentative Map Extension 2,056.00 2,056.00 2,056.00 0.00 100.00 3888 Slope/Grade Height Determination 8,844.00 0.00 0.00 8,844.00 0.00 3890 300 Ft Radius Noticing/Appeal to CC 251.00 0.00 0.00 251.00 0.00 3893 Contract Recreation Classes 448,000.00 223,781.80 223,781.80 224,218.20 49.95 3894 Other Recreation Programs 196,000.00 20,950.00 20,950.00 175,050.00 10.69 3895 Zoning Information Letters 402.00 0.00 0.00 402.00 0.00 3897 Admin Fee/TULIP Ins Certificate 1,300.00 425.60 425.60 874.40 32.74 3898 Height Limit Exception 0.00 4,104.00 4,104.00 -4,104.00 0.00 3899 Condo - CUP/PDP 21,060.00 21,060.00 21,060.00 0.00 100.00 Total Current Service Charges 5,514,962.00 2,635,996.20 2,635,996.20 2,878,965.80 47.80 3900 Other Revenue
3903 Contributions Non Govt 0.00 44,563.58 44,563.58 -44,563.58 0.00 3904 General Miscellaneous 0.00 982.72 982.72 -982.72 0.00 3907 Pkg Str Utility Reimb From Beach House 5,600.00 0.00 0.00 5,600.00 0.00 3908 Hermosa Sr Ctr Donations/Memberships 6,000.00 1,491.25 1,491.25 4,508.75 24.85 3938 Solid Waste Contract Admin Fee 0.00 19,431.96 19,431.96 -19,431.96 0.00 3955 Operating Transfers In 2,729,260.00 1,137,190.00 1,137,190.00 1,592,070.00 41.67 3960 Frontier PEG Grant-formerly Verizon 6,911.00 0.00 0.00 6,911.00 0.00 3968 Spectrum PEG Grant-formerly TWC 0.00 9,319.70 9,319.70 -9,319.70 0.00 Total Other Revenue 2,747,771.00 1,212,979.21 1,212,979.21 1,534,791.79 44.14 Page: 6
134
01/05/2022
CITY OF HERMOSA BEACH
7 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
001 General Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
6800 Current Service Charges Continued
6801 Mural Review 968.00 484.00 484.00 484.00 50.00
6809 Categorical Exemption 4,095.00 1,170.00 1,170.00 2,925.00 28.57 6810 Deed Restriction/Covenant Review 13,585.00 4,290.00 4,290.00 9,295.00 31.58 6811 Landscape Plan Review 4,620.00 2,148.00 2,148.00 2,472.00 46.49 6813 Zoning Code Interpretation Review 1,350.00 405.00 405.00 945.00 30.00 6818 New/Modified Business Zoning Review 9,045.00 4,623.00 4,623.00 4,422.00 51.11 6821 Solar Plan Check/Inspection 2,107.00 3,010.00 3,010.00 -903.00 142.86 6822 Temporary Certificate of Occupancy 335.00 134.00 134.00 201.00 40.00 6825 Clean Bay Restaurant - NPDES Inspection 41,200.00 0.00 0.00 41,200.00 0.00 6828 Public Improvement Plan Check 51,000.00 27,993.00 27,993.00 23,007.00 54.89 6832 DUI Collision Response 1,039.00 0.00 0.00 1,039.00 0.00 6834 Citation Sign-off 250.00 250.00 250.00 0.00 100.00 6837 Deceased Animal Pickup 124.00 61.00 61.00 63.00 49.19 6839 Pet Home Quarantine Review 62.00 0.00 0.00 62.00 0.00 6840 Multiple Dog Review 464.00 116.00 116.00 348.00 25.00 6849 Traffic Plan Review 0.00 320.00 320.00 -320.00 0.00 6851 Bus. License State Mandated Fee (CASp) 8,500.00 4,168.00 4,168.00 4,332.00 49.04 6852 Tobacco Retailer Renewal 0.00 3,888.00 3,888.00 -3,888.00 0.00 6860 Refuse Lien Fees/Athens 336.00 176.10 176.10 159.90 52.41 6861 Oversized Vehicle Permit 765.00 495.00 495.00 270.00 64.71 6867 Credit Card Processing Fee 76,700.00 32,003.00 32,003.00 44,697.00 41.72 6871 Sewer Service Charge Rebate -9,700.00 -3,848.40 -3,848.40 -5,851.60 39.67 Page: 7
135
01/05/2022
CITY OF HERMOSA BEACH
8 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
001 General Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
6873 Impound Fee- Bicycle, Scooters & Wheeled 0.00 141.00 141.00 -141.00 0.00 6875 Solid Waste Contract Reimbursement 300,000.00 0.00 0.00 300,000.00 0.00 6881 Public Tree Removal Permit 1,600.00 200.00 200.00 1,400.00 12.50 6883 Stort-term Vacation Rental Permit 13,337.00 8,780.00 8,780.00 4,557.00 65.83 6884 M-1 Limited Event Permit 520.00 0.00 0.00 520.00 0.00 6885 Temporary Outdoor Dining/Retail Permit 1,660.00 2,496.00 2,496.00 -836.00 150.36 6886 Minor Conditional Use Permit 2,207.00 0.00 0.00 2,207.00 0.00 6887 Minor Planning Sign Review 242.00 0.00 0.00 242.00 0.00 Total Current Service Charges Continued 526,411.00 93,502.70 93,502.70 432,908.30 17.76 Total General Fund 42,744,554.62 11,419,465.95 11,419,465.95 31,325,088.67 26.72 Page: 8
136
01/05/2022
CITY OF HERMOSA BEACH
9 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
105 Lightg/Landscapg Dist Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
3101 Current Year Secured 453,000.00 0.00 0.00 453,000.00 0.00 3103 Prior Year Collections 4,185.00 3,627.49 3,627.49 557.51 86.68 3105 Assessment Rebates -2,900.00 -516.80 -516.80 -2,383.20 17.82 Total Taxes 454,285.00 3,110.69 3,110.69 451,174.31 0.68 3400 Use Of Money & Property
3401 Interest Income 190.83 241.64 241.64 -50.81 126.63 3450 Investment Discount 0.00 4.01 4.01 -4.01 0.00
3475 Investment Premium 0.00 -0.04 -0.04 0.04 0.00
Total Use Of Money & Property 190.83 245.61 245.61 -54.78 128.71 3900 Other Revenue
3955 Operating Transfers In 229,790.00 95,745.00 95,745.00 134,045.00 41.67 Total Other Revenue 229,790.00 95,745.00 95,745.00 134,045.00 41.67 Total Lightg/Landscapg Dist Fund 684,265.83 99,101.30 99,101.30 585,164.53 14.48 Page: 9
137
01/05/2022
CITY OF HERMOSA BEACH
10 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
115 State Gas Tax Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 4,584.31 1,931.04 1,931.04 2,653.27 42.12 3450 Investment Discount 5.00 28.46 28.46 -23.46 569.20 3475 Investment Premium 0.00 -0.12 -0.12 0.12 0.00
Total Use Of Money & Property 4,589.31 1,959.38 1,959.38 2,629.93 42.69 3500 Intergovernmental/State
3501 Section 2106 Allocation 68,294.00 30,102.37 30,102.37 38,191.63 44.08 3502 Section 2107 Allocation 145,384.00 49,190.68 49,190.68 96,193.32 33.84 3503 Section 2107.5 Allocation 4,000.00 4,000.00 4,000.00 0.00 100.00 3512 Section 2105 (Prop 111) 114,244.00 48,392.75 48,392.75 65,851.25 42.36 3513 Sec 2103 Higher Mtr Veh Excise Tax(HUTA) 175,327.00 78,178.28 78,178.28 97,148.72 44.59 3567 Road Maintenance Rehab Account 387,903.00 102,084.90 102,084.90 285,818.10 26.32 Total Intergovernmental/State 895,152.00 311,948.98 311,948.98 583,203.02 34.85 Total State Gas Tax Fund 899,741.31 313,908.36 313,908.36 585,832.95 34.89 Page: 10
138
01/05/2022
CITY OF HERMOSA BEACH
11 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
117 AB939 Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 1,197.38 475.60 475.60 721.78 39.72 3450 Investment Discount 1.00 6.72 6.72 -5.72 672.00
3475 Investment Premium 0.00 0.01 0.01 -0.01 0.00
Total Use Of Money & Property 1,198.38 482.33 482.33 716.05 40.25 3800 Current Service Charges
3860 AB939 Surcharge 63,060.00 22,346.47 22,346.47 40,713.53 35.44 Total Current Service Charges 63,060.00 22,346.47 22,346.47 40,713.53 35.44 3900 Other Revenue
Total Other Revenue 0.00 0.00 0.00 0.00 0.00
6800 Current Service Charges Continued
Total Current Service Charges Continued 0.00 0.00 0.00 0.00 0.00 Total AB939 Fund 64,258.38 22,828.80 22,828.80 41,429.58 35.53 Page: 11
139
01/05/2022
CITY OF HERMOSA BEACH
12 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
121 Prop A Open Space Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3600 Intergovernmental/County
Total Prop A Open Space Fund 0.00 0.00 0.00 0.00 0.00
Page: 12
140
01/05/2022
CITY OF HERMOSA BEACH
13 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
122 Tyco Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 13,250.38 4,704.51 4,704.51 8,545.87 35.50 3426 Easement Agreement 337,932.00 168,966.00 168,966.00 168,966.00 50.00 3450 Investment Discount 15.00 67.14 67.14 -52.14 447.60 3475 Investment Premium 0.00 0.11 0.11 -0.11 0.00
Total Tyco Fund 351,197.38 173,737.76 173,737.76 177,459.62 49.47 Page: 13
141
01/05/2022
CITY OF HERMOSA BEACH
14 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
125 Park/Rec Facility Tax Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
Total Taxes 0.00 0.00 0.00 0.00 0.00
3400 Use Of Money & Property
3401 Interest Income 3,477.44 1,188.00 1,188.00 2,289.44 34.16 3450 Investment Discount 4.00 16.85 16.85 -12.85 421.25 3475 Investment Premium 0.00 0.02 0.02 -0.02 0.00
Total Use Of Money & Property 3,481.44 1,204.87 1,204.87 2,276.57 34.61 3900 Other Revenue
3910 Park/Recreation In Lieu Fee 78,616.00 32,678.00 32,678.00 45,938.00 41.57 Total Other Revenue 78,616.00 32,678.00 32,678.00 45,938.00 41.57 Total Park/Rec Facility Tax Fund 82,097.44 33,882.87 33,882.87 48,214.57 41.27 Page: 14
142
01/05/2022
CITY OF HERMOSA BEACH
15 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
135 Bayview Dr Dist Admin Exp Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 45.00 9.37 9.37 35.63 20.82
3450 Investment Discount 0.00 0.12 0.12 -0.12 0.00
Total Use Of Money & Property 45.00 9.49 9.49 35.51 21.09 3900 Other Revenue
3925 Spec Assessment Admin Fees 4,950.00 0.00 0.00 4,950.00 0.00 Total Other Revenue 4,950.00 0.00 0.00 4,950.00 0.00
Total Bayview Dr Dist Admin Exp Fund 4,995.00 9.49 9.49 4,985.51 0.19 Page: 15
143
01/05/2022
CITY OF HERMOSA BEACH
16 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
138 Loma Dist Admin Exp Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 1.98 0.08 0.08 1.90 4.04
Total Use Of Money & Property 1.98 0.08 0.08 1.90 4.04
3900 Other Revenue
Total Other Revenue 0.00 0.00 0.00 0.00 0.00
Total Loma Dist Admin Exp Fund 1.98 0.08 0.08 1.90 4.04 Page: 16
144
01/05/2022
CITY OF HERMOSA BEACH
17 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
139 Beach Dr Assmnt Dist Admin Exp Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 37.75 7.41 7.41 30.34 19.63
3450 Investment Discount 0.00 0.09 0.09 -0.09 0.00
Total Use Of Money & Property 37.75 7.50 7.50 30.25 19.87 3900 Other Revenue
3925 Special Assessment Admin Fees 3,850.00 0.00 0.00 3,850.00 0.00 Total Other Revenue 3,850.00 0.00 0.00 3,850.00 0.00
Total Beach Dr Assmnt Dist Admin Exp Fund 3,887.75 7.50 7.50 3,880.25 0.19 Page: 17
145
01/05/2022
CITY OF HERMOSA BEACH
18 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
140 Community Dev Block Grant
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3700 Intergovernmental/Federal
Total Community Dev Block Grant 0.00 0.00 0.00 0.00 0.00 Page: 18
146
01/05/2022
CITY OF HERMOSA BEACH
19 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
145 Proposition A Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
3117 Proposition A Transit 396,095.00 202,993.12 202,993.12 193,101.88 51.25 Total Taxes 396,095.00 202,993.12 202,993.12 193,101.88 51.25 3400 Use Of Money & Property
3401 Interest Income 4,758.00 644.25 644.25 4,113.75 13.54 3450 Investment Discount 5.00 11.01 11.01 -6.01 220.20
3475 Investment Premium 0.00 0.05 0.05 -0.05 0.00
Total Use Of Money & Property 4,763.00 655.31 655.31 4,107.69 13.76 3800 Current Service Charges
3853 Dial-A-Taxi Program 1,110.00 7.00 7.00 1,103.00 0.63 Total Current Service Charges 1,110.00 7.00 7.00 1,103.00 0.63 Total Proposition A Fund 401,968.00 203,655.43 203,655.43 198,312.57 50.66 Page: 19
147
01/05/2022
CITY OF HERMOSA BEACH
20 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
146 Proposition C Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
3118 Proposition C Local Return 328,550.00 168,380.23 168,380.23 160,169.77 51.25 Total Taxes 328,550.00 168,380.23 168,380.23 160,169.77 51.25 3400 Use Of Money & Property
3401 Interest Income 10,517.15 3,879.10 3,879.10 6,638.05 36.88 3450 Investment Discount 12.00 54.96 54.96 -42.96 458.00 3475 Investment Premium 0.00 0.09 0.09 -0.09 0.00
Total Use Of Money & Property 10,529.15 3,934.15 3,934.15 6,595.00 37.36 Total Proposition C Fund 339,079.15 172,314.38 172,314.38 166,764.77 50.82 Page: 20
148
01/05/2022
CITY OF HERMOSA BEACH
21 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
147 Measure R Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
3119 Measure R Local Return Funds 246,413.00 126,298.39 126,298.39 120,114.61 51.25 Total Taxes 246,413.00 126,298.39 126,298.39 120,114.61 51.25 3400 Use Of Money & Property
3401 Interest Income 3,422.13 1,656.35 1,656.35 1,765.78 48.40 3450 Investment Discount 4.00 22.42 22.42 -18.42 560.50 3475 Investment Premium 0.00 0.05 0.05 -0.05 0.00
Total Use Of Money & Property 3,426.13 1,678.82 1,678.82 1,747.31 49.00 3900 Other Revenue
Total Other Revenue 0.00 0.00 0.00 0.00 0.00
Total Measure R Fund 249,839.13 127,977.21 127,977.21 121,861.92 51.22 Page: 21
149
01/05/2022
CITY OF HERMOSA BEACH
22 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
148 Measure M
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
3131 Measure M Local Return Funds 279,268.00 142,798.22 142,798.22 136,469.78 51.13 Total Taxes 279,268.00 142,798.22 142,798.22 136,469.78 51.13 3400 Use Of Money & Property
3401 Interest Income 1,544.05 1,194.30 1,194.30 349.75 77.35 3450 Investment Discount 2.00 16.51 16.51 -14.51 825.50 Total Use Of Money & Property 1,546.05 1,210.81 1,210.81 335.24 78.32 Total Measure M 280,814.05 144,009.03 144,009.03 136,805.02 51.28 Page: 22
150
01/05/2022
CITY OF HERMOSA BEACH
23 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
149 Measure W Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
3132 Measure W Local Returns 157,164.00 0.00 0.00 157,164.00 0.00 Total Taxes 157,164.00 0.00 0.00 157,164.00 0.00
3400 Use Of Money & Property
3401 Interest Income 29.10 50.05 50.05 -20.95 171.99
3450 Investment Discount 0.00 0.78 0.78 -0.78 0.00
Total Use Of Money & Property 29.10 50.83 50.83 -21.73 174.67 Total Measure W Fund 157,193.10 50.83 50.83 157,142.27 0.03 Page: 23
151
01/05/2022
CITY OF HERMOSA BEACH
24 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
150 Grants Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3500 Intergovernmental/State
3558 Beverage Recycling Grant 5,300.00 0.00 0.00 5,300.00 0.00 3562 State Homeland Security Grant Program 51,787.62 0.00 0.00 51,787.62 0.00 3590 SB 2 Zoning Ord Update Grant 250,516.00 0.00 0.00 250,516.00 0.00 3591 Local Early Action Planning 16,370.00 0.00 0.00 16,370.00 0.00 Total Intergovernmental/State 323,973.62 0.00 0.00 323,973.62 0.00 3700 Intergovernmental/Federal
3736 Bulletproof Vest Partnership 2,108.00 0.00 0.00 2,108.00 0.00 3757 *** Title Not Found *** 3,525.00 0.00 0.00 3,525.00 0.00 3758 *** Title Not Found *** 187,500.00 0.00 0.00 187,500.00 0.00 3759 *** Title Not Found *** 87,338.00 0.00 0.00 87,338.00 0.00 Total Intergovernmental/Federal 280,471.00 0.00 0.00 280,471.00 0.00 3900 Other Revenue
3968 West Basin Grant- Water Filling Stations 0.00 2,000.00 2,000.00 -2,000.00 0.00 3986 Caltrans Adaptation Planning Grant 0.00 64,007.80 64,007.80 -64,007.80 0.00 Total Other Revenue 0.00 66,007.80 66,007.80 -66,007.80 0.00 Total Grants Fund 604,444.62 66,007.80 66,007.80 538,436.82 10.92 Page: 24
152
01/05/2022
CITY OF HERMOSA BEACH
25 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
152 Air Quality Mgmt Dist Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 537.90 180.60 180.60 357.30 33.58
3450 Investment Discount 0.00 2.59 2.59 -2.59 0.00
Total Use Of Money & Property 537.90 183.19 183.19 354.71 34.06 3500 Intergovernmental/State
3538 AQMD Emission Control AB2766 25,000.00 0.00 0.00 25,000.00 0.00 Total Intergovernmental/State 25,000.00 0.00 0.00 25,000.00 0.00 Total Air Quality Mgmt Dist Fund 25,537.90 183.19 183.19 25,354.71 0.72 Page: 25
153
01/05/2022
CITY OF HERMOSA BEACH
26 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
153 Supp Law Enf Serv Fund (SLESF)
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3100 Taxes
3135 C.O.P.S. Allocation 100,000.00 74,262.08 74,262.08 25,737.92 74.26 Total Taxes 100,000.00 74,262.08 74,262.08 25,737.92 74.26 3400 Use Of Money & Property
3401 Interest Income 3,325.23 920.98 920.98 2,404.25 27.70 3450 Investment Discount 4.00 13.05 13.05 -9.05 326.25
3475 Investment Premium 0.00 0.05 0.05 -0.05 0.00
Total Use Of Money & Property 3,329.23 934.08 934.08 2,395.15 28.06 Total Supp Law Enf Serv Fund (SLESF) 103,329.23 75,196.16 75,196.16 28,133.07 72.77 Page: 26
154
01/05/2022
CITY OF HERMOSA BEACH
27 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
157 FEMA/Cal OES
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3500 Intergovernmental/State
Total Intergovernmental/State 0.00 0.00 0.00 0.00 0.00
3700 Intergovernmental/Federal
Total Intergovernmental/Federal 0.00 0.00 0.00 0.00 0.00 3900 Other Revenue
Total FEMA/Cal OES 0.00 0.00 0.00 0.00 0.00
Page: 27
155
01/05/2022
CITY OF HERMOSA BEACH
28 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
158 CARES Act
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3500 Intergovernmental/State
Total Intergovernmental/State 0.00 0.00 0.00 0.00 0.00
3700 Intergovernmental/Federal
Total Intergovernmental/Federal 0.00 0.00 0.00 0.00 0.00 3900 Other Revenue
Total CARES Act 0.00 0.00 0.00 0.00 0.00
Page: 28
156
01/05/2022
CITY OF HERMOSA BEACH
29 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
159 American Rescue Plan Act (ARPA)
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3700 Intergovernmental/Federal
3761 American Rescue Plan Act Allocation 0.00 2,310,877.00 2,310,877.00 -2,310,877.00 0.00 Total American Rescue Plan Act (ARPA) 0.00 2,310,877.00 2,310,877.00 -2,310,877.00 0.00 Page: 29
157
01/05/2022
CITY OF HERMOSA BEACH
30 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
160 Sewer Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 46,767.50 7,307.43 7,307.43 39,460.07 15.63 3450 Investment Discount 54.00 105.76 105.76 -51.76 195.85 3475 Investment Premium 0.00 0.10 0.10 -0.10 0.00
Total Use Of Money & Property 46,821.50 7,413.29 7,413.29 39,408.21 15.83 3500 Intergovernmental/State
3550 CA Waste Oil Recycling Grant 5,475.00 0.00 0.00 5,475.00 0.00 Total Intergovernmental/State 5,475.00 0.00 0.00 5,475.00 0.00 3600 Intergovernmental/County
3602 Beach Outlet Maintenance 8,000.00 0.00 0.00 8,000.00 0.00 Total Intergovernmental/County 8,000.00 0.00 0.00 8,000.00 0.00 3800 Current Service Charges
3828 Sewer Connection Fee 24,000.00 3,612.41 3,612.41 20,387.59 15.05 3829 Sewer Demolition Fee 2,302.00 945.00 945.00 1,357.00 41.05 3832 Sewer Lateral Installation 15,413.00 8,372.00 8,372.00 7,041.00 54.32 Total Current Service Charges 41,715.00 12,929.41 12,929.41 28,785.59 30.99 3900 Other Revenue
Total Other Revenue 0.00 0.00 0.00 0.00 0.00
6800 Current Service Charges Continued
Page: 30
158
01/05/2022
CITY OF HERMOSA BEACH
31 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
160 Sewer Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
6861 Sewer Service Charge 1,078,142.00 8,463.59 8,463.59 1,069,678.41 0.79 Total Current Service Charges Continued 1,078,142.00 8,463.59 8,463.59 1,069,678.41 0.79 Total Sewer Fund 1,180,153.50 28,806.29 28,806.29 1,151,347.21 2.44 Page: 31
159
01/05/2022
CITY OF HERMOSA BEACH
32 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
161 Storm Drains Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 17,135.75 7,065.78 7,065.78 10,069.97 41.23 3450 Investment Discount 20.00 0.00 0.00 20.00 0.00
Total Use Of Money & Property 17,155.75 7,065.78 7,065.78 10,089.97 41.19 3900 Other Revenue
3955 Operating Transfers In 700,000.00 291,685.00 291,685.00 408,315.00 41.67 Total Other Revenue 700,000.00 291,685.00 291,685.00 408,315.00 41.67 Total Storm Drains Fund 717,155.75 298,750.78 298,750.78 418,404.97 41.66 Page: 32
160
01/05/2022
CITY OF HERMOSA BEACH
33 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
170 Asset Seizure/Forft Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3300 Fines & Forfeitures
Total Fines & Forfeitures 0.00 0.00 0.00 0.00 0.00
3400 Use Of Money & Property
3401 Interest Income 5,867.72 1,599.27 1,599.27 4,268.45 27.26 3450 Investment Discount 7.00 23.02 23.02 -16.02 328.86 3475 Investment Premium 0.00 0.02 0.02 -0.02 0.00
Total Use Of Money & Property 5,874.72 1,622.31 1,622.31 4,252.41 27.62 3900 Other Revenue
Total Other Revenue 0.00 0.00 0.00 0.00 0.00
Total Asset Seizure/Forft Fund 5,874.72 1,622.31 1,622.31 4,252.41 27.62 Page: 33
161
01/05/2022
CITY OF HERMOSA BEACH
34 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
180 Fire Protection Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 0.00 45.16 45.16 -45.16 0.00
3450 Investment Discount 0.00 0.73 0.73 -0.73 0.00
Total Use Of Money & Property 0.00 45.89 45.89 -45.89 0.00 3900 Other Revenue
3912 Fire Flow Fee 34,814.00 3,914.16 3,914.16 30,899.84 11.24 Total Other Revenue 34,814.00 3,914.16 3,914.16 30,899.84 11.24 Total Fire Protection Fund 34,814.00 3,960.05 3,960.05 30,853.95 11.37 Page: 34
162
01/05/2022
CITY OF HERMOSA BEACH
35 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
190 RTI Undersea Cable
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 5,630.00 2,087.12 2,087.12 3,542.88 37.07 3426 Easement Agreement-Longfellow 90,000.00 45,000.00 45,000.00 45,000.00 50.00 3427 Easement Cable 2-Longfellow 72,000.00 25,200.00 25,200.00 46,800.00 35.00 3428 Easement Cable 3-25th St 253,000.00 0.00 0.00 253,000.00 0.00 3450 Investment Discount 6.00 30.34 30.34 -24.34 505.67 Total RTI Undersea Cable 420,636.00 72,317.46 72,317.46 348,318.54 17.19 Page: 35
163
01/05/2022
CITY OF HERMOSA BEACH
36 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
191 RTI Tidelands
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 3,132.22 1,135.74 1,135.74 1,996.48 36.26 3426 Easement Agreement 184,000.00 0.00 0.00 184,000.00 0.00 3450 Investment Discount 4.00 16.12 16.12 -12.12 403.00 Total RTI Tidelands 187,136.22 1,151.86 1,151.86 185,984.36 0.62 Page: 36
164
01/05/2022
CITY OF HERMOSA BEACH
37 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
201 2015 Lease Revenue Bonds
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3900 Other Revenue
3955 Operating Transfers In 661,345.00 0.00 0.00 661,345.00 0.00 Total 2015 Lease Revenue Bonds 661,345.00 0.00 0.00 661,345.00 0.00 Page: 37
165
01/05/2022
CITY OF HERMOSA BEACH
38 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
301 Capital Improvement Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 92,123.52 21,875.32 21,875.32 70,248.20 23.75 3450 Investment Discount 106.00 312.68 312.68 -206.68 294.98 3475 Investment Premium 0.00 0.49 0.49 -0.49 0.00
Total Use Of Money & Property 92,229.52 22,188.49 22,188.49 70,041.03 24.06 3900 Other Revenue
3913 In-Lieu Fee/Street Pavement 0.00 2,544.47 2,544.47 -2,544.47 0.00 3955 Operating Transfers In 1,772,773.00 738,655.00 738,655.00 1,034,118.00 41.67 Total Other Revenue 1,772,773.00 741,199.47 741,199.47 1,031,573.53 41.81 Total Capital Improvement Fund 1,865,002.52 763,387.96 763,387.96 1,101,614.56 40.93 Page: 38
166
01/05/2022
CITY OF HERMOSA BEACH
39 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
313 Greenwich Village N Utility Undergrnd Im
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3900 Other Revenue
Total Greenwich Village N Utility Undergrnd Im 0.00 0.00 0.00 0.00 0.00 Page: 39
167
01/05/2022
CITY OF HERMOSA BEACH
40 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
609 Bayview Dr Redemption Fund 2004-2
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 945.90 180.94 180.94 764.96 19.13
3450 Investment Discount 2.00 0.00 0.00 2.00 0.00
Total Bayview Dr Redemption Fund 2004-2 947.90 180.94 180.94 766.96 19.09 Page: 40
168
01/05/2022
CITY OF HERMOSA BEACH
41 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
610 Lwr Pier Dist Redemption Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 29.81 7.97 7.97 21.84 26.74
3450 Investment Discount 0.00 0.08 0.08 -0.08 0.00
Total Lwr Pier Dist Redemption Fund 29.81 8.05 8.05 21.76 27.00 Page: 41
169
01/05/2022
CITY OF HERMOSA BEACH
42 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
611 Beach Dr Assessment Dist Redemption Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 519.36 72.34 72.34 447.02 13.93
Total Beach Dr Assessment Dist Redemption Fund 519.36 72.34 72.34 447.02 13.93 Page: 42
170
01/05/2022
CITY OF HERMOSA BEACH
43 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
612 Beach Dr Assessment Dist Reserve Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 43.79 11.69 11.69 32.10 26.70
3450 Investment Discount 0.00 0.14 0.14 -0.14 0.00
Total Beach Dr Assessment Dist Reserve Fund 43.79 11.83 11.83 31.96 27.02 Page: 43
171
01/05/2022
CITY OF HERMOSA BEACH
44 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
617 Myrtle Ave Assessment Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 0.00 167.05 167.05 -167.05 0.00
Total Myrtle Ave Assessment Fund 0.00 167.05 167.05 -167.05 0.00 Page: 44
172
01/05/2022
CITY OF HERMOSA BEACH
45 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
618 Loma Drive Assessment Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
Total Loma Drive Assessment Fund 0.00 0.00 0.00 0.00 0.00 Page: 45
173
01/05/2022
CITY OF HERMOSA BEACH
46 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
619 Bayview Dr Reserve Fund 2004-2
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3400 Use Of Money & Property
3401 Interest Income 143.78 38.34 38.34 105.44 26.67
Total Bayview Dr Reserve Fund 2004-2 143.78 38.34 38.34 105.44 26.67 Page: 46
174
01/05/2022
CITY OF HERMOSA BEACH
47 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
705 Insurance Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3800 Current Service Charges
3880 Insurance Service Charges 2,911,245.00 1,218,460.00 1,218,460.00 1,692,785.00 41.85 Total Current Service Charges 2,911,245.00 1,218,460.00 1,218,460.00 1,692,785.00 41.85 3900 Other Revenue
Total Other Revenue 0.00 0.00 0.00 0.00 0.00
Total Insurance Fund 2,911,245.00 1,218,460.00 1,218,460.00 1,692,785.00 41.85 Page: 47
175
01/05/2022
CITY OF HERMOSA BEACH
48 10:16AM
revstat.rpt Revenue Status Report Page:
7/1/2021 through 11/30/2021
Periods: 0 through 5
715 Equipment Replacement Fund
Account Number
Adjusted
Estimate Revenues
Year-to-date
Revenues Balance
Prct
Rcvd
3800 Current Service Charges
3822 Building Maintenance Service Charges 101,556.00 42,315.00 42,315.00 59,241.00 41.67 3885 Comm Equip/Business Mach Charges 1,053,479.00 438,955.00 438,955.00 614,524.00 41.67 3889 Vehicle/Equip Replacement Charges 899,264.00 390,590.00 390,590.00 508,674.00 43.43 Total Current Service Charges 2,054,299.00 871,860.00 871,860.00 1,182,439.00 42.44 3900 Other Revenue
3901 Sale of Real/Personal Property 0.00 1,646.00 1,646.00 -1,646.00 0.00 Total Other Revenue 0.00 1,646.00 1,646.00 -1,646.00 0.00 6800 Current Service Charges Continued
6866 Records Technology Fee 79,358.00 51,703.17 51,703.17 27,654.83 65.15 Total Current Service Charges Continued 79,358.00 51,703.17 51,703.17 27,654.83 65.15 Total Equipment Replacement Fund 2,133,657.00 925,209.17 925,209.17 1,208,447.83 43.36 Grand Total 57,115,909.22 18,477,357.57 18,477,357.57 38,638,551.65 32.35 Page: 48
176