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POWERPOINT - 65B_PRELIMINARY 2017-2018 YEAR END BUDGET UPDATE
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10/16/2018
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POWERPOINT - 65B_PRELIMINARY 2017-2018 YEAR END BUDGET UPDATE
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10/18/2018 12:26:12 PM
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10/18/2018 12:24:16 PM
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City Clerk
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Finance & Management Services
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65B
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2 <br />FY 17-18 “Top 6” General Fund Revenues <br />As of June 30, 2018(Pending Final Audit Determination) <br />Top 6General Fund FY 17-18FY 17-18 <br />Variance <br />RevenuesRevised BudgetActuals <br />Sales Tax$50,300,000$45,903,421($4,396,579) <br />Property Tax 34,544,00035,666,778 1,122,778 <br />Property Tax In-Lieu of <br />30,966,45931,300,302 333,843 <br />VLF <br />UUT 27,780,00023,942,639(3,837,361) <br />Business License 11,870,00012,762,694 892,694 <br />Hotel Visitors Tax 9,900,0009,245,942(654,058) <br />Total Top 6$165,360,459$158,987,895($6,538,683) <br />* Sales Tax shortage partially due to inconsistent reporting from CDTFA (formerly, BOE) <br />3 <br /> <br />
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