% AMOUNT
PROP TAX-S.E. REC & PARK AREA 4,027,900 4,084,400 4,206,900 4% 179,000 PROPERTY TAX IN-LIEU/VLF 15,258,170 15,258,170 15,715,900 3% 457,730 NO/LOW PROPERTY TAX - COUNTY 5,417,100 5,484,100 5,648,600 4% 231,500 SA RDAs - AB 1484 ALLOCATIONS 920,000 920,000 947,600 3% 27,600 REAL-PROPERTY VALUE DERIVED REVENUES: 25,623,170 25,746,670 26,519,000 3% 895,830 SALES & USE TAXES 15,294,000 15,136,000 15,291,000 0% (3,000) SALES & USE TAXES - MEASURE P 10,994,000 10,895,000 10,797,000 -2% (197,000) UTILITY USER TAX 5,995,000 5,995,000 5,726,000 -4% (269,000) TRANSIENT OCCUPANCY TAX 1,651,300 1,651,300 1,678,300 2% 27,000 FRANCHISE FEE 3,399,500 3,399,500 3,467,500 2% 68,000 FRANCHISE - CABLE TV 510,000 510,000 494,700 -3% (15,300) BUSINESS LICENSE 930,000 930,000 940,000 1% 10,000
REAL PROPERTY TRANSFER TAX 240,000 225,000 227,000 -5% (13,000) OTHER TAXES & FRANCHISES: 39,013,800 38,741,800 38,621,500 -1% (392,300) OTHER GENERAL REVENUES 5,195,230 5,306,970 6,252,200 20% 1,056,970 PUBLIC SAFETY REVENUES 1,209,360 1,240,360 1,333,500 10% 124, 140 PUBLIC SERVICES REVENUES 309,115 311,235 277,596 -10% (31,519) SOCIAL SERVICES REVENUES 11,700 23,700 24,000 105% 12,300 RECREATION & PARKS REVENUES 827,760 815,130 857,460 4% 29,700 COMMUNITY DEVELOPMENT REVENUES 1,784,900 1,751,300 1,837,400 3% 52,500 REVENUE LOSS REPLACEMENT - ARPA 2,888,292 2,888,292 - -100% (2,888,292) TOTAL - GENERAL FUND REVENUES 76,863,327 76,825,457 75,722,6 56 -1% ( 1,140,671)
CITY OF NORWALK
GENERAL FUND - REVENUE SUMMARY
REVENUE DESCRIPTION
FY 23-24
ADOPTED
BUDGET
FY 23-24
ESTIMATED
ACTUAL
FY 24-25
PROPOSED
BUDGET
VARIANCE
FY 24-25 BUDGET
vs. FY 23-24 BUDGET
ATTACHMENT NO. 2