CITY OF SUNNYVALE
CALCULATION OF APPROPRIATIONS LIMIT
FY 2022/23 Recommended Budget
FY 2021/2022 FY 2022/2023
Appropriations:
1001/035. General Fund 189,009,193$ 202,104,126$
2020/070. Housing Fund 1,540,638 1,724,528
2060/071. Home Fund 99,310 2,182,051
2080/072. Redevelopment Housing Fund 1,305,944 2,801,782 2040/110. Community Development Block Grant Fund 1,373,927 2,041,217 2100/141. Park Dedication Fund 10,653,073 24,686,135 2200/175. Public Safety Forfeiture Fund - -
2220/190. Police Services Augmentation Fund 332,132 406,735 2300/210. Employment Development Fund 10,500,000 10,500,000 2400/245. Parking District Fund 179,822 200,100
2500/280. Gas Tax Fund 1,500,000 1,250,000
2521/282. RMRA (SBI) - 3,335,704
2560/287. 2016 Measure B Santa Clara VTA Fund - 3,224,977 2580/290. VRF Local Road Improvement Fund - 139,445
1040/295. Youth and Neighborhood Services Fund 807,331 999,521 3100/385. Capital Projects Fund 4,283,343 39,222
3200/610. Infrastructure Renovation and Replacement Fund 82,502,174 4,209,572 Total Appropriations 304,086,887 259,845,115
Appropriation Adjustments:
Current Non-Tax Revenues (137,481,031) (119,850,126) Prior Non-Tax Revenues - -
Debt Service Appropriation - -
Qualified Capital Outlay (1,166,250) (1,281,250)
Total Appropriation Adjustments (138,647,281) (121,131,376) Appropriations Subject to Limit 165,439,607 138,713,739 Growth Rate Factor 1.0632 1.0817
Total Allowable Appropriations Limit 269,920,441 291,983,171 (Prior Year Appropriations Limit x Growth Rate Factor)
Amount Under (Over) Allowable Appropriations Limit 104,480,834$ 153,269,432$ 05/27/2022
Attachment 1
CITY OF SUNNYVALE
CALCULATION OF APPROPRIATIONS LIMIT
FY 2022/23 Recommended Budget
FY 2021/2022 FY 2022/2023
Revenues:
Tax Revenues:
Property Tax 94,860,330$ 110,225,171$
Sales Tax 27,782,519 29,876,069
Other Taxes 23,366,221 28,937,546
Unrestricted State Subventions 295,940 118,955 Interest Income 2,680,182 5,247,000
Total Tax Revenues 148,985,192 174,404,741
Non-Tax Revenues:
Federal Grants 26,864,423 12,115,699
Restricted State Shared Revenues 3,589,590 4,447,916 State Grants/Reimbursements 3,372,380 4,182,082 Other Intergovernmental Contributions 10,066,315 4,984,261 Franchise Fees 7,356,348 7,507,779
Permits and Licenses 1,955,653 1,992,514
Service and Development Fees 75,711,320 67,600,506 Rents and Concessions 3,165,480 6,989,808
Fines and Forfeitures 528,883 792,211
Housing Loan Repayments - 558,140
Revenue from Sale of Property - -
Miscellaneous - 653,679
Inter-Fund Loan Repayments 1,210,562 4,419,817 Interest Income 2,451,484 3,605,714
Total Non-Tax Revenues 136,272,438 119,850,126
Total Revenues 285,257,630$ 294,254,867$
05/27/2022
Attachment 1