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Receive and file the FY 2022-2023 – Third Quarter Budget Update <br />May 16, 2023 <br />Page 5 <br />3 <br />4 <br />4 <br />4 <br />the final 2 months. Therefore, the revenue estimate will increase from the original <br />budget of $4.9 million to $6 million. <br />Ambulance Service Charges: On January 1, 2023, the City began receiving a higher <br />reimbursement rate for state and federal-funded ambulance transports. This is due to a <br />new federal program, partially funded by up-front contributions from cities providing <br />ambulance service. Even though Santa Ana has not paid an up-front contribution, we <br />are still benefitting from the program. We expect to return to the City Council in the <br />future with recommendations for ambulance service, which may include a <br />recommendation to pay the contribution. In the meantime, staff expects the actual <br />revenue will exceed the budget by $0.5 million. <br />Planning & Building Revenue: As noted in the Midyear budget report, permit counter <br />activity has exceeded expectations. With only six months of data, staff conservatively <br />increased the revenue estimate by $2 million for Building Plan Check. With additional <br />information, staff will increase the revenue estimate by another $2.5 million. <br />General Fund Summary <br />Hotel Visitor Tax $1,000,000 <br />Net Impact of Cannabis Tax Decrease <br />(revenue shortfall of $5.7 million, less the <br />reduced transfer to the Cannabis Public <br />Benefit Fund of $3.6 million) <br />$(2,075,528) <br />Property Tax in lieu of VLF $437,627 <br />Franchise Fees $1,331,077 <br />Investment Earnings $1,100,000 <br />Parking Fines $1,100,000 <br />Ambulance Service Charges $500,000 <br />Planning & Building Permit Counter Revenue $2,500,000 <br />Expected Net Favorable Variance $5,893,176 <br />General Fund Expenditures <br />As of March 31, 2023, General Fund expenditures are at 62.9 percent of the budget. <br />Each department is within the expected range of spending for the third quarter. It should <br />be noted that the City pays a one-month advance for contracted fire services and the <br />museum includes one-time capital reimbursements.