2020/21
Actual
2021/22
Actual
2022/23
Adjusted
2023/24
Proposed
2024/25
Proposed
Operating Revenues
Property Tax
27,950,505
30,107,317
30,506,800
32,161,420
33,038,990
VLF
9,601,021
10,025,958
10,480,000
11,208,500
11,571,700
Sales Tax
18,811,806
21,746,665
22,211,000
22,558,100
23,205,500
Transient Occup Tax
11,717,480
28,733,810
31,026,000
32,201,000
33,808,000
Business License Tax
3,244,805
4,084,196
3,731,200
4,179,770
4,350,390
Other Taxes
2,708,329
2,793,606
2,701,000
2,758,000
2,817,000
Licenses and Permits
2,492,367
3,020,127
2,491,000
2,355,580
2,422,620
Charges for Services
4,854,699
6,154,899
6,196,200
5,883,510
6,048,320
Intergovernmental
2,130,563
1,617,100
954,589
354,500
361,450
Investment Earnings *
(139,512)
(9,667,217)
220,000
224,000
228,000
Financing Revenues
55,622
52,571
57,000
57,000
57,000
Misc Revenues
154,209
269,189
198,000
217,500
157,500
Transfers In
3,429,900
3,011,200
3,120,200
4,891,270
5,086,910
Operating Revenues
87,011,795
101,949,420
113,892,989
119,050,150
123,153,380
Non-Operating Revenues
Excess ERAF
2,800,000
3,500,000
2,000,000
2,250,000
2,500,000
Transfers In From Other Funds
1,232,000
-
-
-
-
Prior Year Correction
1,470,228
-
-
-
-
PG&E Settlement
-
Non-Operating Revenues
5,502,228
3,500,000
2,000,000
2,250,000
2,500,000
Total Revenues
92,514,023
105,449,420
115,892,989
121,300,150
125,653,380
Expenditures
Salaries & Wages
42,684,840
44,365,852
51,364,942
51,571,200
53,666,770
Benefits
25,094,277
29,343,497
31,311,980
33,495,230
33,618,640
Services - External
10,830,590
12,230,826
16,322,446
16,548,370
17,062,070
Debt Service
128,499
128,499
128,510
128,560
128,560
Services - Internal
6,799,559
7,533,593
8,615,470
9,406,320
10,082,620
Materials & Supplies
1,274,184
2,202,330
3,101,933
2,500,380
2,578,480
Capital Outlay
108,566
(4,613)
52,700
50,500
50,500
Operating Transfers Out **
1,530,574
12,467,762
1,362,363
1,162,000
1,162,000
Transfer to CIP Facilities Reserve
1,864,828
2,049,432
2,117,200
2,274,010
2,343,750
Transfer to CIP General Reserve
932,414
887,432
1,058,600
1,137,010
1,171,880
Transfer to General Plan Reserve
100,000
100,000
100,000
100,000
100,000
Budgeted Transfers to General Fund Reserves***
-
-
394,600
791,650
697,420
Total Expenditures
91,348,331
111,304,610
115,930,744
119,165,230
122,662,690
Net Contribution / (Use)
1,165,693
(5,855,190)
(37,755)
2,134,920
2,990,690
Proposed Budget Packages
Ongoing Budget Packages - Revenue
181,500
234,000
Ongoing Budget Packages - Expenditures
1,530,270
2,146,500
Additional Contributions to Reserves
351,960
493,700
Net Contribution / (Use) After Budget Packages
434,190
584,490
General Fund Baseline Budget
ATTACHMENT 1
* Investment Earnings for FY 2021/22 includes a negative $9.8 million Unrealized Fair Market Value Adjustment, reducing overall
revenue.
** Operating Transfers Out for FY 2021/22 includes $11.2 million of fiscal year-end transfers approved in November 2022 on the End of
Year Report.
*** Prior to FY 2022/23, contributions
to
General Fund Reserves were made from available fund balance at fiscal year-end. Beginning in FY
2022/23, annual contributions to the Reserves are included in the adopted budget per fiscal policy. 2020/21
Actual
2021/22
Actual
2022/23
Adjusted
2023/24
Proposed
2024/25
Proposed
Operating Revenues
Property Tax
1,310,581
771,283
2,500,000
450,000
200,000
Sales Tax
-
34,374
-
-
-
Transient Occup Tax
-
-
-
-
-
Business License Tax
-
-
-
-
-
Other Taxes
-
-
-
-
-
Licenses and Permits
125,328
159,293
400,000
400,000
400,000
Charges for Services
332,631
1,129,076
809,341
600,000
602,000
Intergovernmental
2,466,713
910,665
4,572,502
-
-
Investment Earnings
(1,681)
12,378
105,000
-
-
Financing Revenues
-
84,457
-
-
-
Misc Revenues
127,087
167,027
282,050
-
-
Transfers In
1,207,714
1,285,731
21,983
-
-
Total Revenues
5,568,374
4,554,285
8,690,876
1,450,000
1,202,000
Expenditures
Salaries & Wages
175,903
574,672
343,851
-
-
Benefits
82,472
128,816
72,363
-
-
Services - External
3,127,767
1,975,989
7,015,427
1,019,000
1,114,000
Debt Service
-
-
-
-
-
Services - Internal
1,080
12,622
13,019
2,730
2,770
Materials & Supplies
710,110
92,104
749,270
-
-
Capital Outlay
75,000
-
1,800,000
-
-
Transfers Out
1,299,799
1,366,772
550,324
-
-
Total Expenditures
5,472,131
4,150,975
10,544,255
1,021,730
1,116,770
Net Contribution / (Use)
96,243
403,310
(1,853,379)
428,270
85,230
Proposed Budget Packages
One-Time Budget Packages - Revenue
-
400,000
One-Time Budget Packages - Expenditures
2,666,000
900,000
Additional Contributions to Reserves
Net Contribution / (Use) After Budget Packages *
(2,237,730)
(414,770)
* Net Use amounts are funded by available unassigned fund balance Non-Recurring General Fund Baseline Budget
ATTACHMENT 1
2020/21
Actual
2021/22
Actual
2022/23
Adjusted
2023/24
Proposed
2024/25
Proposed
Revenues
Charges for Services
38,620,188
34,734,213
35,070,000
35,938,700
36,613,940
Intergovernmental
-
-
-
-
-
Investment Earnings
357,620
285,668
572,000
572,000
572,000
Financing Revenues
181,889
-
5,000
5,000
5,000
Misc Revenues
143,136
127,867
151,400
162,000
162,000
Transfers In
-
-
-
-
-
Total Revenues
39,302,832
35,147,748
35,798,400
36,677,700
37,352,940
Expenditures
Salaries & Wages
5,419,303
5,390,488
7,836,220
7,945,610
8,208,940
Benefits
4,444,745
2,462,070
4,189,070
4,069,570
4,150,010
Services - External
2,647,420
2,637,400
3,872,950
4,043,870
4,191,920
Debt Service
1,359,693
1,258,337
3,327,800
3,327,800
3,327,800
Services - Internal
1,252,555
1,269,647
1,434,040
3,468,290
3,623,320
Materials & Supplies
8,993,698
11,224,483
14,188,190
11,940,590
12,048,990
Capital Outlay
4,327,233
4,196,467
150,000
248,000
115,000
Transfers Out
3,250,300
6,513,572
7,053,626
8,327,770
7,552,880
Total Expenditures
31,694,947
34,952,465
42,051,896
43,371,500
43,218,860
Net Contribution / (Use)
7,607,885
195,283
(6,253,496)
(6,693,800)
(5,865,920)
Proposed Budget Packages
Ongoing Budget Packages - Expenditures
426,980
420,180
Net Contribution / (Use) After Budget Packages *
(7,120,780)
(6,286,100)
* Net Use amounts are funded by available unassigned fund balance Water Operating Fund Baseline Budget
ATTACHMENT 1
2020/21
Actual
2021/22
Actual
2022/23
Adjusted
2023/24
Proposed
2024/25
Proposed
Revenues
Charges for Services
39,167,631
42,778,810
43,578,000
43,785,500
43,935,500
Intergovernmental
28,979
31,490
29,000
32,000
32,000
Investment Earnings
52,670
131,824
125,000
125,000
125,000
Financing Revenues
-
-
-
-
-
Misc Revenues
51,148
54,747
54,000
57,500
59,000
Transfers In
-
-
-
-
-
Total Revenues
39,300,428
42,996,871
43,786,000
44,000,000
44,151,500
Expenditures
Salaries & Wages
804,703
857,983
1,068,860
1,051,500
1,088,330
Benefits
602,326
353,708
543,370
491,820
501,940
Services - External
29,850,893
30,404,946
40,984,567
38,944,700
40,745,410
Debt Service
307,592
300,374
872,000
873,700
871,700
Services - Internal
485,720
554,473
617,410
681,480
704,400
Materials & Supplies
45,474
63,971
132,660
144,110
150,310
Capital Outlay
30,490
(340,110)
150,000
157,000
164,000
Transfers Out
412,900
1,753,500
3,145,300
3,309,740
3,449,930
Total Expenditures
32,540,098
33,948,845
47,514,167
45,654,050
47,676,020
Net Contribution / (Use)
6,760,331
9,048,026
(3,728,167)
(1,654,050)
(3,524,520)
Proposed Budget Packages
Ongoing Budget Packages - Expenditures
-
-
Net Contribution / (Use) After Budget Packages *
(1,654,050)
(3,524,520)
* Net Use amounts are funded by available unassigned fund balance Solid Waste & Recycling Operating Fund Baseline Budget
ATTACHMENT 1