Attachment 1
Description FY 2021-22
Actual
FY 2022-23
Mid-Yr.
Revised
Budget
FY 2023-24
Proposed
Base Budget
% of FY
2023-24
Budget
$ Change
Base over
Midyear
Revised
% Change
Base over
Revised
Taxes $ 28,851,076 $ 34,555,707 $ 35,896,500 74% $ 1,340,793 3.9% Property Tax 14,500,404 15,554,100 16,204,900 34% 650,800 4.2% Vehicle License Fees 4,355,327 6,986,807 5,508,600 11% (1,478,207) -21.2% Business License Tax 460,964 453,000 520,700 1% 67,700 14.9% Cannabis Tax 839,527 825,000 825,000 2% - -
Sales Tax 3,136,434 3,356,000 3,401,000 7% 45,000 1.3%
Measure Y - 650,000 2,800,000 6% 2,150,000 330.8%
Transient Occupancy Tax 1,492,502 2,643,000 2,669,500 6% 26,500 1.0% Utility Users Tax 2,265,330 2,400,000 2,700,000 6% 300,000 12.5% Other Taxes 1,800,589 1,687,800 1,266,800 3% (421,000) -24.9% Intergovernmental 7,233,142 6,887,165 2,276,700 5% (4,610,465) -66.9% Other Revenue - 88,000 88,000 0% - -
Charges for Services 6,366,388 8,015,598 8,793,700 18% 778,102 9.7% Sub-total $ 42,450,605 $ 49,546,470 $ 47,054,900 97% $ (2,491,570) -5.0% Transfers In 1,130,919 1,130,900 1,291,900 3% 161,000 14.2% Total $ 43,581,524 $ 50,677,370 $ 48,346,800 100% $ (2,330,570) -4.6% City of Pacifica
General Fund Revenue Detail
FY2023-24 Proposed Base Budget