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06/07 07/08 % 08/09 % Actual Adopted Change Adopted Change Taxes: Property 14,015,414 $ 13,969,502 $ -0.33% 15,713,208 $ 12.48% Sales 10,049,829 10,597,000 5.44% 10,200,000 -3.75% Franchise 1,685,456 2,135,000 26.67% 2,225,000 4.22% Transient Occupancy Taxes 1,463,140 1,400,000 -4.32% 1,600,000 14.29% Other Taxes 548,136 525,000 -4.22% 410,000 -21.90% Total Taxes 27,761,975 28,626,502 3.11% 30,148,208 5.32% Licenses & Permits 1,193,392 1,446,000 21.17% 1,020,000 -29.46% Fines & Forfeitures 314,432 314,000 -0.14% 312,500 -0.48% Investment Income 2,847,370 2,104,227 -26.10% 1,895,039 -9.94% Intergovernmental Revenues: In-Lieu Tax 268,973 225,000 -16.35% 250,000 11.11% Gasoline Tax 712,026 731,000 2.66% 731,000 0.00% Community Development Block Grant 145,072 148,070 2.07% 149,213 0.77% Other 686,331 282,811 -58.79% 501,971 77.49% Total Intergovernmental Revenue 1,812,402 1,386,881 -23.48% 1,632,184 17.69% Charges for Services 4,591,963 3,699,136 -19.44% 3,832,999 3.62% Other Revenue 2,206,065 1,748,315 -20.75% 1,753,790 0.31% Rentals/Leases 1,350,023 1,370,250 1.50% 1,377,600 0.54% Special Assessments 1,159,197 1,165,138 0.51% 1,192,663 2.36% Charges to Operating Departments 2,536,165 2,900,704 14.37% 2,700,335 -6.91% Operating Fund Reserves (Beg. Fund Bal.) - 3,193,404 100.00% 3,384,896 6.00% Interfund Operating Transfers 3,084,428 4,961,134 60.84% 4,496,861 -9.36% Total Operating Revenue 48,857,412 52,915,691 8.31% 53,747,075 1.57% Capital Project Funding (Beg. Fund Bal.) - 530,000 100.00% 3,455,000 551.89% Capital Project Funding (Rev./Grants/Debt) 2,149,376 1,988,900 -7.47% 1,262,000 -36.55% Interfund Capital Transfers 3,380,711 1,946,500 -42.42% 4,535,000 132.98% Total Revenue 54,387,499 $ 57,381,091 $ 5.50% 62,999,075 $ 9.79% Revenue Source Total City & RDA Revenue Summary Total City & RDA Revenue Summary - $62,999,075 Capital Funding/ Transfers 15% Investment Income 3% Rents & Leases 2% Operating Reserves 5% Other Revenue 7% Taxes 48% Licenses & Permits 2% Intergovernmental 3% Charges for Services 6% Operating Transfers 7% Special Assessments 2% - 21 - ---PAGE BREAK--- ---PAGE BREAK--- 06/07 07/08 % 08/09 % Fund Actual Adopted Change Adopted Change 101 General Fund 28,077,835 $ 30,797,962 $ 9.69% 33,298,700 $ 8.12% Special Revenue Funds: 204 Gas Tax 1,049,054 1,172,348 11.75% 1,205,181 2.80% 207 Lighting District 2,335,963 2,687,695 15.06% 2,733,533 1.71% 208 Housing & Community Develop. 211,187 402,978 90.82% 405,261 0.57% Misc. Grants & Other Special Revenue 103,046 - -100.00% - 0.00% Total City Special Revenue 3,699,250 4,263,021 15.24% 4,343,975 1.90% Misc. City Debt Service Funds 1,661,708 1,663,026 0.08% 1,660,495 -0.15% Redevelopment Agency Funds: 223 Low & Moderate Income Housing 639,234 2,398,730 275.25% 427,815 -82.16% 364 RDA Debt Service 3,970,970 4,246,639 6.94% 4,992,890 17.57% 434 RDA Administration/Projects 329,432 407,620 23.73% 409,901 0.56% Total RDA Funds 4,939,636 7,052,989 42.78% 5,830,606 -17.33% Internal Service Funds: 641 Motor Vehicle Pool 936,527 1,467,855 56.73% 1,155,823 -21.26% 647 Information Technology Pool 1,273,382 1,242,222 -2.45% 1,078,938 -13.14% 690 Worker's Compensation (33,979) 901,464 -2753.00% 782,938 -13.15% Total Internal Service Funds 2,175,930 3,611,541 65.98% 3,017,699 -16.44% Misc. Interfund Operating Transfers 3,084,428 4,961,134 60.84% 4,496,861 -9.36% Total Operating Expenditures 43,638,787 52,349,673 19.96% 52,648,336 0.57% Misc. Capital Projects & Capital Transfers 6,535,716 4,243,000 -35.08% 9,070,000 113.76% Total Expenditures 50,174,503 $ 56,592,673 $ 12.79% 61,718,336 $ 9.06% Total City & RDA Expenditure Summary Total City & RDA Expenditure Summary - $61,718,336 Fund Description Special Revenue Funds 7% Internal Service Funds 5% General Fund 54% Operating Transfers 7% Capital Projects 15% RDA Funds 9% City Debt Service Funds 3% - 23 - ---PAGE BREAK--- ---PAGE BREAK--- 06/07 07/08 % 08/09 % Actual Adopted Change Adopted Change Employee Services 20,684,765 $ 23,371,403 $ 12.99% 24,665,118 $ 5.54% Supplies, Services & Capital Outlay 17,264,492 22,203,971 28.61% 21,367,972 -3.77% Debt Service 5,760,107 4,109,665 -28.65% 6,653,385 61.90% Transfers Out (Operating & Capital) 6,465,139 6,907,634 6.84% 9,031,861 30.75% Total Expenditures 50,174,503 $ 56,592,673 $ 12.79% 61,718,336 $ 9.06% Description Total City & RDA Expenditures by Type Total City & RDA Expenditures by Type - $61,718,336 Supplies, Services & Capital Outlay 35% Debt Service 10% Employee Services 40% Transfers Out 15% - 25 - ---PAGE BREAK--- 06/07 07/08 % 08/09 % Actual Adopted Change Adopted Change Taxes: Property 7,568,750 $ 7,736,000 $ 2.21% 8,437,000 $ 9.06% Sales 10,049,829 10,597,000 5.44% 10,200,000 -3.75% Franchise 1,685,456 2,135,000 26.67% 2,225,000 4.22% Transient Occupancy Taxes 1,463,140 1,400,000 -4.32% 1,600,000 14.29% Other Taxes 548,136 525,000 -4.22% 410,000 -21.90% Total Taxes 21,315,311 22,393,000 5.06% 22,872,000 2.14% Licenses & Permits 1,193,392 1,446,000 21.17% 1,020,000 -29.46% Investment Income 1,520,111 1,400,000 -7.90% 1,200,000 -14.29% Intergovernmental Revenues: In-Lieu Tax 268,973 225,000 -16.35% 250,000 11.11% Other 282,606 265,311 -6.12% 270,971 2.13% Total Intergovernmental Revenue 551,579 490,311 -11.11% 520,971 6.25% Charges for Services 3,965,463 3,422,252 -13.70% 3,657,868 6.88% Other Revenue: Rentals/Leases 1,350,023 1,370,250 1.50% 1,377,600 0.54% Fines & Forfeitures 314,432 314,000 -0.14% 312,500 -0.48% Other Miscellaneous Revenue 881,649 815,500 -7.50% 786,500 -3.56% Reserves (Beg. Fund Balance) - 955,500 100.00% 2,708,543 183.47% Interfund Operating Transfers 1,063,259 1,066,782 0.33% 1,139,615 6.83% Total Other Revenue 3,609,363 4,522,032 25.29% 6,324,758 39.87% Total Operating Revenue 32,155,219 33,673,595 4.72% 35,595,597 5.71% Capital Project Funding 99,726 680,400 100.00% 467,000 -31.36% Total General Fund Revenue 32,254,945 $ 34,353,995 $ 6.51% 36,062,597 $ 4.97% Revenue Source General Fund Revenue Summary General Fund Revenue Summary - $36,062,597 Franchise Fees 6% Sales Taxes 28% Other Taxes 1% Property Taxes 23% Licenses & Permits 3% Other Revenue 11% Capital Funding Sources 1% Operating Transfers 3% Transient Occupancy Taxes 5% Charges for Services 10% Rents & Leases 4% Inter- Governmental 2% Investment Income 3% - 26 - ---PAGE BREAK--- 06/07 07/08 % 08/09 % Actual Adopted Change Adopted Change City Council 233,813 $ 257,657 $ 10.20% 255,121 $ -0.98% City Manager 975,496 1,115,088 14.31% 1,392,113 24.84% City Clerk 380,911 406,604 6.75% 478,820 17.76% City Attorney 209,341 235,186 12.35% 235,224 0.02% City Treasurer 13,885 15,063 8.48% 15,360 1.97% Recreation & Community Services 5,238,984 6,033,227 15.16% 6,306,979 4.54% Finance 998,478 1,038,606 4.02% 1,077,957 3.79% Non-Departmental 576,047 630,020 9.37% 623,920 -0.97% Community Development 1,465,880 1,667,105 13.73% 1,763,533 5.78% Police 11,247,302 12,123,054 7.79% 12,936,504 6.71% Fire 4,478,162 4,620,250 3.17% 5,544,734 20.01% Public Works 2,259,536 2,656,102 17.55% 2,668,435 0.46% Interfund Operating Transfers 1,559,809 2,864,596 83.65% 2,296,897 -19.82% Total Operating Expenditures 29,637,644 33,662,558 13.58% 35,595,597 5.74% Interfund Capital Transfers 870,395 610,000 -29.92% 410,000 -32.79% Total Expenditures 30,508,039 $ 34,272,558 $ 12.34% 36,005,597 $ 5.06% Description General Fund Expenditure Summary General Fund Expenditure Summary - $36,005,597 Interfund Operating Transfers 6% Interfund Capital Transfers 1% Community Development 5% Finance & Non-Departmental 5% Recreation & Community Services 18% City Administration 7% Public Works 7% Police Services 36% Fire Services 15% - 27 - ---PAGE BREAK--- 06/07 07/08 % 08/09 % Actual Adopted Change Adopted Change Employee Services 17,774,433 $ 19,739,283 $ 11.05% 20,889,102 $ 5.83% Supplies, Services & Capital Outlay 10,303,402 11,058,679 7.33% 12,409,598 12.22% Transfers Out (Operating & Capital) 2,430,204 3,474,596 42.98% 2,706,897 -22.09% Total Expenditures 30,508,039 $ 34,272,558 $ 12.34% 36,005,597 $ 5.06% Description General Fund Expenditures by Type General Fund Expenditures by Type - $36,005,597 Employee Services 58% Transfers Out 8% Supplies, Services & Capital Outlay 34% - 28 - ---PAGE BREAK--- ---PAGE BREAK--- Actual Actual Actual Estimated Adopted Reserves & Designations 6/30/2005 6/30/2006 6/30/2007 6/30/2008 6/30/2009 Operations 1,387,931 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ Emergencies 2,775,861 3,097,998 3,119,155 3,291,908 3,297,405 PERS Retirement 1,207,000 1,000,000 1,000,000 1,000,000 882,000 Capital Improvement Plan 2,055,493 3,843,535 5,169,732 4,613,705 4,205,660 Accrued Vacation & Sick Leave 1,769,975 914,748 844,000 890,000 890,000 Future Advances to Redevelopment Agency 2,000,000 1,800,000 1,600,000 1,400,000 1,200,000 Economic Fluctuations 6,850,000 6,000,000 6,000,000 6,000,000 4,002,015 Carryover Capital Projects 3,428,985 2,986,133 4,165,393 3,465,000 3,000,000 The City's Financial Policies mandate the level at which most of the major reserves shall be maintained. Major General Fund Reserves / Designations - Comparative Statistics Major General Fund Reserves & Designations - 6/30/09 (Estimated) (Fiscal Years 04/05 thru 08/09) Carryover Capital Projects 16.2% Economic Fluctuations 21.7% Accrued Vacation & Sick Leave 4.8% Future Advances to Redevelopment Agency 6.5% Operations 5.4% Capital Improvement Plan 22.8% PERS Retirement 4.8% Emergencies 17.8% - 31 - ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- Sales Tax Comparision With Other Jurisdictions FY 03-04 through FY 07-08 Actual Actual Actual Budgeted Budgeted 2003-04 2004-05 2005-06 2006-07 2007-08 Campbell 10,684,234 $ $9,973,506 $9,346,984 $10,368,000 $10,597,000 % of General Fund 40% 35% 31% 31% 31% Per Capita 278.24 260.40 244.05 269.94 266.60 Cupertino $8,654,000 $9,222,000 $9,650,000 $11,575,000 $12,807,000 % of General Fund 32% 31% 32% 33% 32% Per Capita 165.67 176.78 171.50 205.96 227.88 Los Gatos $6,914,526 $7,904,130 $8,655,566 $8,100,140 $8,231,100 % of General Fund 29% 30% 27% 29% 26% Per Capita 239.17 273.40 298.72 279.42 279.90 Milpitas $10,635,247 $14,270,542 $16,227,888 $16,245,000 $18,712,000 % of General Fund 21% 24% 24% 24% 26% Per Capita 168.76 227.61 250.62 248.87 284.38 Mountain View $14,158,520 $14,852,000 $16,019,000 $16,908,000 $17,664,000 % of General Fund 20% 20% 20% 21% 20% Per Capita 196.65 207.43 222.38 234.85 245.35 Palo Alto $18,151,000 $19,308,290 $20,316,000 $21,283,000 $22,045,000 % of General Fund 19% 17% 16% 16% 16% Per Capita 299.52 314.31 325.58 339.98 351.04 San Jose $130,698,000 $133,113,000 $140,327,107 $144,008,000 $152,636,000 % of General Fund 25% 24% 18% 19% 19% Per Capita 141.11 140.86 149.11 150.33 156.76 Santa Clara $35,976,144 $37,076,578 $38,142,524 $40,110,000 $43,463,000 % of General Fund 30% 30% 31% 30% 31% Per Capita 339.94 344.02 349.59 360.51 380.46 Sunnyvale $24,599,057 $24,917,237 $21,316,412 $22,875,000 $23,481,404 % of General Fund 26% 23% 21% 19% 19% Per Capita 184.96 187.23 159.62 170.53 173.01 City $100 $150 $200 $250 $300 $350 $400 $ per Capita Santa Clara Palo Alto Milpitas Los Gatos Campbell Mountain View Cupertino Sunnyvale San Jose FY 07-08 Sales Tax - Per Capita Comparison with Other Jurisdictions - 46 - ---PAGE BREAK--- Property Tax Revenue Comparison With Other Jurisdictions FY 03-04 through FY 07-08 Actual Actual Actual Budgeted Budgeted 2003-04 2004-05 2005-06 2006-07 2007-08 Campbell $3,798,505 $5,657,676 $6,517,562 $7,269,000 $7,736,000 % of General Fund 14% 20% 22% 22% 22% Per Capita 98.92 147.72 170.17 189.26 194.63 Cupertino $4,000,000 $4,318,000 $4,743,000 $6,688,000 $7,124,000 % of General Fund 15% 15% 16% 19% 18% Per Capita 76.68 82.05 88.73 119.00 126.76 Los Gatos $5,207,381 $5,302,061 $5,831,822 $6,469,440 $6,727,220 % of General Fund 22% 20% 18% 23% 22% Per Capita 180.12 183.40 201.26 223.17 228.76 Milpitas $10,015,239 $13,121,767 $13,370,012 $14,881,000 $15,534,000 % of General Fund 20% 22% 20% 22% 22% Per Capita 158.92 209.29 206.48 227.97 236.08 Mountain View $15,015,950 $15,502,000 $21,135,000 $21,770,000 $23,613,000 % of General Fund 21% 21% 27% 27% 27% Per Capita 208.55 216.51 293.41 302.38 327.98 Palo Alto $13,740,000 $16,699,942 $18,754,000 $21,084,000 $22,045,000 % of General Fund 14% 14% 15% 16% 16% Per Capita 226.73 271.85 300.54 336.81 351.04 San Jose $95,649,000 $144,048,051 $166,559,696 $183,914,000 $198,154,000 % of General Fund 18% 26% 22% 24% 25% Per Capita 103.27 152.43 176.98 191.99 203.51 Santa Clara $16,369,266 $19,934,513 $22,032,336 $24,164,651 $26,910,000 % of General Fund 13% 16% 18% 18% 19% Per Capita 154.67 184.97 201.94 217.19 235.56 Sunnyvale $23,580,170 $31,561,137 $41,199,278 $43,449,860 $44,991,443 % of General Fund 24% 30% 40% 37% 36% Per Capita 177.29 237.15 308.51 323.91 331.50 City $50 $150 $250 $350 $450 $ per Capita Palo Alto Sunnyvale Mountain View Milpitas Santa Clara Los Gatos San Jose Campbell Cupertino FY 07-08 Property Tax - Per Capita - Comparison with Other Jurisdictions - 47 - ---PAGE BREAK--- Transient Occupancy Tax Comparision With Other Jurisdictions FY 03-04 through FY 07-08 Actual Actual Actual Budgeted Budgeted 2003-04 2004-05 2005-06 2006-07 2007-08 Campbell $882,464 $894,179 $1,132,495 $1,120,500 $1,400,000 % of General Fund 3% 3% 4% 3% 4% Per Capita 22.98 23.35 29.57 29.17 35.22 Cupertino $1,633,000 $1,791,000 $2,100,000 $2,363,000 $2,550,000 % of General Fund 6% 6% 7% 7% 6% Per Capita 31.30 34.03 39.29 42.05 45.37 Los Gatos $829,026 $868,908 $1,028,664 $1,000,000 $1,000,000 % of General Fund 3% 3% 3% 4% 3% Per Capita 28.68 30.06 35.50 34.50 34.01 Milpitas $3,773,974 $3,986,016 $4,535,325 $4,331,000 $4,884,000 % of General Fund 7% 7% 7% 6% 7% Per Capita 59.89 63.57 70.04 66.35 74.22 Mountain View $2,246,070 $2,583,000 $3,177,000 $3,188,000 $3,726,000 % of General Fund 3% 4% 4% 4% 4% Per Capita 31.20 36.08 44.10 44.28 51.75 Palo Alto $5,489,000 $5,685,748 $6,393,000 $6,743,000 $6,985,000 % of General Fund 6% 5% 5% 5% 5% Per Capita 90.58 92.56 102.45 107.72 111.23 San Jose $5,711,809 $6,409,000 $7,688,090 $7,600,000 $8,988,000 % of General Fund 1% 1% 1% 1% 1% Per Capita 6.17 6.78 8.17 7.93 9.23 Santa Clara $7,159,622 $7,795,616 $9,341,790 $9,450,000 $10,712,000 % of General Fund 6% 6% 8% 7% 8% Per Capita 67.65 72.33 85.62 84.94 93.77 Sunnyvale $4,751,669 $5,073,824 $5,633,159 $6,377,704 $6,848,244 % of General Fund 5% 5% 5% 5% 5% Per Capita 35.73 38.12 42.18 47.54 50.46 City $20 $40 $60 $80 $100 $120 $ per Capita Palo Alto Santa Clara Milpitas Mountain View Sunnyvale Cupertino Campbell Los Gatos San Jose FY 07-08 Transient Occupancyy Tax - Per Capita - Comparison with Other Jurisdictions - 48 - ---PAGE BREAK--- Franchise Fee Revenue Comparision With Other Jurisdictions FY 03-04 through FY 07-08 Actual Actual Actual Budgeted Budgeted 2003-04 2004-05 2005-06 2006-07 2007-08 Campbell $1,237,222 $1,262,319 $1,346,968 $1,320,000 $2,135,000 % of General Fund 5% 4% 4% 4% 6% Per Capita 32.22 32.96 35.17 34.37 53.71 Cupertino $6,872,912 $2,217,000 $2,200,000 $2,500,000 $2,580,000 % of General Fund 26% 7% 7% 7% 6% Per Capita 131.57 42.50 41.80 47.50 48.27 Los Gatos $930,997 $942,648 $1,130,190 $1,238,940 $1,603,180 % of General Fund 4% 4% 3% 4% 5% Per Capita 32.20 32.61 39.00 42.74 54.52 Milpitas $2,649,820 $2,771,467 $2,643,391 $2,849,000 $2,850,000 % of General Fund 5% 5% 4% 7% 4% Per Capita 42.05 44.20 40.82 43.65 43.31 Mountain View $2,816,470 $2,992,000 $3,205,000 $3,284,000 3,485,000 % of General Fund 4% 4% 4% 4% 4% Per Capita 39.12 41.79 44.49 45.61 48.41 Palo Alto $586,000 $374,868 $291,000 $460,000 $460,000 % of General Fund 0.60% 0.32% 0.23% 0.35% 0.33% Per Capita 9.67 6.10 4.66 7.35 7.32 San Jose $31,763,435 $31,712,351 $36,759,856 $36,904,000 $39,032,000 % of General Fund 6% 6% 5% 5% 5% Per Capita 34.29 33.56 39.06 38.53 40.09 Santa Clara $2,770,793 $2,755,470 $2,907,192 $2,912,000 $2,941,120 % of General Fund 2% 2% 2% 2% 2% Per Capita 26.18 25.57 26.65 26.17 25.75 Sunnyvale $5,520,536 $5,394,792 $5,531,248 $5,793,539 $6,037,676 % of General Fund 6% 5% 5% 5% 5% Per Capita 41.51 40.54 41.42 43.19 44.49 City $25 $50 $75 $100 $125 $150 $ per Capita Palo Alto Santa Clara San Jose Milpitas Sunnyvale Cupertino Mountain View Campbell Los Gatos FY 07-08 Franchise Fee Revenue - Per Capita - Comparison with Other Jurisdictions - 49 - ---PAGE BREAK--- Building Permit Revenue Comparision With Other Jurisdictions FY 03-04 through FY 07-08 Actual Actual Actual Budgeted Budgeted 2003-04 2004-05 2005-06 2006-07 2007-08 Campbell $835,638 $994,179 $1,661,412 $906,500 $1,000,000 % of General Fund 3% 3% 6% 3% 3% Per Capita 21.76 25.96 43.38 23.60 25.16 Cupertino $616,000 $2,896,000 $3,370,000 $3,050,000 $3,172,000 % of General Fund 2% 10% 11% 9% 8% Per Capita 11.79 55.51 64.03 57.06 56.44 Los Gatos $2,031,387 $2,417,193 $1,552,466 $1,574,190 $1,911,758 % of General Fund 9% 9% 5% 6% 6% Per Capita 70.27 83.61 53.58 54.30 65.01 Milpitas $1,460,360 $2,876,211 $5,740,022 $3,688,000 $4,047,000 % of General Fund 3% 5% 8% 5% 6% Per Capita 23.17 45.87 88.65 56.50 61.50 Mountain View $1,578,980 $2,158,000 $2,282,000 $1,303,000 $2,121,000 % of General Fund 2% 3% 3% 2% 2% Per Capita 21.93 30.14 31.68 18.10 29.46 Palo Alto $2,758,000 $3,668,342 $5,224,000 $4,765,000 $6,419,000 % of General Fund 3% 3% 4% 4% 5% Per Capita 45.51 59.71 83.72 76.12 102.21 San Jose $22,272,128 $24,460,340 $23,955,292 $24,279,370 $25,200,000 % of General Fund 4% 4% 3% 3% 3% Per Capita 24.05 25.88 25.45 25.35 25.88 Santa Clara $1,605,240 $2,157,045 $1,969,172 $1,858,000 $1,750,000 % of General Fund 1% 2% 2% 1% 1% Per Capita 15.17 20.01 18.05 16.70 15.32 Sunnyvale $1,549,278 $1,813,403 $2,138,495 $2,521,746 $2,338,376 % of General Fund 2% 2% 2% 2% 2% Per Capita 11.65 13.63 16.01 18.80 17.23 City $25 $50 $75 $100 $ per Capita Palo Alto Los Gatos Milpitas Cupertino Mountain View San Jose Campbell Sunnyvale Santa Clara FY 07-08 Building Permit Revenue - Per Capita Comparison with Other Jurisdictions - 50 -