Pacifica City Council
May 13, 2024

Attachment 1
Description FY 2022-23
Actual
FY 2023-24
Revised
Budget
FY 24-25
Base Budget
5/13/24
% of FY
2024-25
Budget
$ Change
Base over
Prior Year
Revised
% Change
Base over
Prior Year
Revised
Taxes $ 35,046,917 $ 34,162,000 $ 35,819,200 75% $ 1,657,200 44% Property Tax 15,836,463 16,204,900 16,751,000 35% 546,100 3% Vehicle License Fees 6,551,610 3,819,100 4,590,000 10% 770,900 20% Business License Tax 542,974 570,700 591,000 1% 20,300 4% Cannabis tax 993,849 950,000 987,000 2% 37,000 4%
Sales Tax 3,319,862 3,231,000 3,279,200 7% 48,200 1%
Measure Y 557,966 2,500,000 2,512,000 5% 12,000 0%
Transient Occupancy Tax 3,155,960 2,919,500 2,978,000 6% 58,500 2% Utility Users Tax 3,312,376 2,700,000 2,800,000 6% 100,000 4% Other Taxes 775,857 1,266,800 1,331,000 3% 64,200 5%
Intergovernmental 5,390,223 2,431,700 2,440,000 5% 8,300 0% Other Revenue 1,016,539 835,000 875,000 2% 40,000 5%
Charges for Services 7,554,413 7,975,000 7,416,800 15% (558,200) -7% Sub-total $ 49,008,092 $ 45,403,700 $ 46,551,000 97% $ 1,147,300 42% Transfers In 1,130,900 1,291,900 1,422,000 3% 130,100 10% Total $ 50,138,992 $ 46,695,600 $ 47,973,000 100% $ 1,277,400 52% City of Pacifica
General Fund Revenue Detail
FY2024-25 Proposed Base Budget