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Presentation - #1
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05/11/2023 Special
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Presentation - #1
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8/20/2024 5:55:16 PM
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5/11/2023 5:00:35 PM
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City Clerk
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5/11/2023
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Cannabis Public Benefit Fund <br />Estimated Fund BalanceJulyl, 2023 <br />$1,501,690 <br />Add FY23-24 Transfer from General Fund $10,354,720 <br />Less Spending: <br />City of Santa Ana <br />• The FY23-24 Cannabis Public <br />Benefit Fund is currently <br />balanced after removing one- <br />time spending due to tax rate <br />reductions. <br />• City Attorney°s office $553,080 If there is a loss of revenue <br />• Finance Collections &Audit $362,990 beyond the estimates, the fund <br />balance is expected to be <br />• Li bra ry Youth Services $975,000 enough to cover the shortfa I I <br />• <br />before re -balancing the budget <br />Parks &Recreation Youth Services $3,207,410 for FY24-25. <br />• Code Enforcement $1,190,520 <br />• Police Enforcement $3,520,900 <br />Estimated Fund Balance June 30, 2024 $2,046,510 <br />
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