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FULL PACKET_2013-08-05
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FULL PACKET_2013-08-05
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4/6/2017 4:20:22 PM
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8/1/2013 3:57:34 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Date
8/5/2013
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Appendix D Detail of ROT Calculations <br />The total benefits to the government come from two sources (excluding benefits derived <br />from reduction in government support provided, which was omitted for the reasons <br />described in section 2.2.3): <br />Additional tax revenue from Santa Ana WORK Center clients <br />Additional tax revenue from the community <br />The procedure for estimating each of the above benefits is described in detail below. <br />D.1 Additional Tax Revenue from Santa Ana WORK Center Clients <br />The additional tax revenue for the government from Santa Ana WORK Center clients is the <br />change in taxes paid by the clients resulting from finding a new job. Furthermore, these <br />additional taxes have to be considered for the entire period of the new job found during <br />calendar year 2008. <br />To calculate the total additional tax revenue from survey respondents, the tax revenue for <br />8 <br />each qualified respondent was first calculated. These individual tax revenues were then <br />summed. <br />The steps involved in calculating additional tax revenue from a single Santa Ana WORK <br />Center survey respondent are depicted below. <br />(a) Annualize the income information Income <br />information is collected as one of the following: <br />Annual Income <br />Monthly Income <br />Hourly Wage with number of hours worked per week or per month <br />This data was annualized according to the table below. <br />Reported Income <br />Annualized Income <br />Annual Income <br />Same <br />Monthly Income <br />(Monthly Income) x 12 <br />Hourly Wage with Hours Per Week <br />(Hours Wage) x Hours Per Week x 50.4 Weeks <br />Hourly Wage with Hours Per Month <br />(Hourly Wage) x Hours Per Month) x 12 Months <br />Table D -1 Procedure for Annualizing Income <br />IThe benefits of finding a job during calendar year 2008 are accrued to the government over <br />19F -362 <br />
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