Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Budget Workshop
Budget Workshop FY2023-24 Tonight’s Presentation Staff will cover the following: •Property Tax Revenues •Sales Tax Revenues •All Revenues •Expenditures •FY22-23 Projects completed and FY23-24 Projects by Departments Property Tax Revenues BUDGET PROJECTION ACTUAL ACTUAL Description FY 2023-24 FY 2022-23 FY 2021-22 FY 2020-21 FY 2019-20 FY 2018-19 Secured Taxes , Current Year $ 2,910,000 $ 2,763,524 $ 2,806,802 $ 392,389 $ 621,500 $577,174 Unsecured Taxes Current Year 14,000 105,866 13,875 14,202 13,773 13,909 Secured & Unsecured Prior year 8,000 8,136 8,032 8,261 7,109 7,982 Real Property Transfer Tax 50,000 50,506 67,020 118,288 67,087 34,925 Homeowners Property Tax Relief 3,200 9,678 2,442 2,603 2,848 3,018 Supplemental Property Tax 7,000 7,215 8,928 6,229 5,059 7,280 Penalties Delinquent Taxes 2,500 2,624 2,080 2,276 2,237 2,126 Property Tax VLF Swap 1,645,763 1,518,906 1,481,627 1,388,579 1,332,401 1,234,949 Excess Proceeds Distribution --188,340 52 272 75,474 Property Tax Statutory Pt ---265,120 - 4,640,463 4,466,455 4,579,146 2,197,999 2,052,286 1,956,837 Residual Receipts -RPTTF ---1,354,689 1,911,319 1,366,339 Total Property Taxes $ 4,640,463 $ 4,466,455 $ 4,579,146 $ 3,552,688 $ 3,963,605 $ 3,323,176 ACTUAL ACTUAL Property Tax Revenues BUDGET PROJECTION ACTUAL Description FY 2023-24 FY 2022-23 FY 2021-22 FY 2020-21 FY 2019-20 FY 2018-19 Secured Taxes , CY/RPTTF/STAT PT $ 2,910,000 $ 2,763,524 $ 2,806,802 $ 2,012,198 $ 2,532,819 $ 1,943,513 Unsecured Taxes Current Year 14,000 105,866 13,875 14,202 13,773 13,909 Secured & Unsecured Prior year 8,000 8,136 8,032 8,261 7,109 7,982 Real Property Transfer Tax 50,000 50,506 67,020 118,288 67,087 34,925 Homeowners Property Tax Relief 3,200 9,678 2,442 2,603 2,848 3,018 Supplemental Property Tax 7,000 7,215 8,928 6,229 5,059 7,280 Penalties Delinquent Taxes 2,500 2,624 2,080 2,276 2,237 2,126 Property Tax VLF Swap 1,645,763 1,518,906 1,481,627 1,388,579 1,332,401 1,234,949 Excess Proceeds Distribution --188,340 52 272 75,474 Property Tax Statutory Pt ----- 4,640,463 4,466,455 4,579,146 3,552,688 3,963,605 3,323,176 Residual Receipts -RPTTF ------ Total Property Taxes $ 4,640,463 $ 4,466,455 $ 4,579,146 $ 3,552,688 $ 3,963,605 $ 3,323,176 ACTUAL ACTUAL ACUTAL Property Tax Property Tax Property Tax County of San Bernardino The City of Chino Property Tax The City of Colton The City of Redlands Property Tax –The City of Grand Terrace Sales Tax BUDGET PROJECTION ACTUAL Description FY 2023-24 FY 2022-23 FY 2021-22 FY 2020-21 FY 2019-20 FY 2018-19 Sales Tax $ 1,234,000 $ 1,102,379 $ 1,185,907 $ 1,064,567 $ 833,919 $831,321 ACTUAL ACTUAL ACTUAL Sales Tax based on region Grand Terrace Sales Tax by quarter Revenue Totals BUDGET PROJECTION ACTUAL Description FY 2023-24 FY 2022-23 FY 2021-22 FY 2020-21 FY 2019-20 FY 2018-19 Property Taxes $ 4,640,463 $ 4,466,455 $ 4,579,146 $ 3,552,688 $ 3,963,605 $ 3,323,176 Sales Tax 1,234,000 1,102,379 1,185,907 1,064,567 833,919 831,321 Sales of Property 0.00 1,200,000 870,601 0.00 3,720 0.00 All Other Revenues 1,992,389 2,226,260 1,691,118 1,689,865 1,679,627 1,695,561 Total Property Taxes $ 7,866,852 $ 8,995,094 $ 8,326,772 $ 6,307,120 $ 6,480,871 $ 5,850,058 ACTUAL ACTUAL ACUTAL Expenditures by Department BUDGET PROJECTION ACTUAL Description FY 2023-24 FY 2022-23 FY 2021-22 FY 2020-21 FY 2019-20 FY 2018-19 City Council $ 123,708 $ 101,748 $ 55,459 $ 49,579 $ 63,856 $ 63,265 City Manager 525,530 461,736 697,166 601,249 661,877 657,083 City Clerk 283,686 285,797 207,576 182,409 186,455 208,486 Finance 561,493 565,632 411,665 412,335 249,329 278,819 City Attorney 185,000 186,517 251,955 284,199 268,797 211,749 Building & Safety 301,357 274,773 198,791 241,487 240,385 183,172 Public Works 680,803 560,470 294,840 369,075 488,355 504,970 Code Enforcement 239,279 251,040 284,707 226,371 274,655 285,409 Enforcement Programs 80,450 61,659 45,886 32,406 25,160 24,231 Non-Departmental 1,057,065 1,185,372 1,042,609 903,904 584,754 637,696 Facilities Maintenance 75,800 95,950 61,545 45,111 62,201 65,368 Planning & Development 392,344 260,773 324,955 275,521 378,300 290,565 Management Information Systems 128,000 100,377 83,123 85,258 101,094 73,312 ACTUAL ACTUAL ACUTAL Expenditures by Department BUDGET PROJECTION ACTUAL Description FY 2023-24 FY 2022-23 FY 2021-22 FY 2020-21 FY 2019-20 FY 2018-19 Sheriff $ 2,655,500 $ 2,530,427 $ 2,356,772 $ 2,170,509 $ 2,114,627 $ 1,932,931 Parks Maintenance 387,620 578,065 317,329 257,568 248,972 252,900 NPDES 73,440 39,769 21,014 21,219 43,331 42,319 Storm Drain Maintenance 21,450 3,807 4,196 0.00 4,971 0.00 Planning Commission 16,007 5,989 2,538 3,215 3,269 7,403 Historical & Cultural Committee 2,000 1,049 600 0.00 731 686 Senior Citizen’s Program 43,885 44,344 38,132 33,487 23,146 41,504 Emergency Operations Program 17,000 8,500 5,749 4,507 3,757 2,770 Capital Projects 0.00 0.00 112,467 90,615 72,158 221,658 Overhead Cost Allocation (41,450) 108,750 (41,950)41,731 5,942 (36,462) Total Expenditures $ 7,809,967 $ 7,712,544 $ 6,777,124 $ 6,331,755 $ 6,106,122 $ 5,949,834 ACTUAL ACTUAL ACUTAL FY2020-21 Revenue, Expenditure, & Fund Balance Fund Fund Title Actual Fund Balance, June 30, 2021 Actual Revenues FY2021-22 Actual Expenditures FY2021-22 Actual Fund Balance, June 30, 2022 Estimated Fund Balance, June 30, 2023 Projected Fund Balance, June 30, 2024 GENERAL FUND 10 GENERAL FUND $3,650,947 $8,326,772 $6,783,019 $5,194,700 $6,477,250 $6,534,135 61 COMMUNITY BENEFITS FUND $32,308 $20,101 $3,685 $48,724 $60,689 $60,689 62 LIGHT UP GRAND TERRACE ($5,909)$13,350 $16,031 ($8,590)($12,423)($12,423) 63 GT ILLEGAL FIREWORKS ENFORCEMENT $224 ($2,500)$0 ($2,276)($4,276)($4,276) 64 PUBLIC SAFETY FUND $22,098 $43 $0 $22,141 $22,246 $22,246 68 40TH YEAR BIRTHDAY CELEBRATION FUND $0 $0 $0 $0 $0 $0 69 COMMUNITY DAY FUND $5 $4,365 $4,694 ($324)($20,324)($25,324) 70 EQUIPMENT REPLACEMENT RESERVE FUND $1,024 $2 $0 $1,026 ($28,974)($28,974) DEVELOPMENT IMPACT FEES (DIF) 11 STREET FUND $666,941 ($5,220)$771 $660,950 $667,457 $755,457 12 STORM DRAIN FUND $298,972 $251 $337 $298,886 $299,198 $299,998 13 PARK FUND $38,195 ($831)$110 $37,254 $38,268 $39,068 19 FACILITIES FUND $192,119 ($418)$978 $190,723 $187,506 $188,106 FY2020-21 Revenue, Expenditure, & Fund Balance Fund Fund Title Actual Fund Balance, June 30, 2021 Actual Revenues FY2021-22 Actual Expenditures FY2021-22 Actual Fund Balance, June 30, 2022 Estimated Fund Balance, June 30, 2023 Projected Fund Balance, June 30, 2024 SPECIAL REVENUE FUNDS 14 SLESF (AB3229 COPS)$25,020 $161,420 $161,970 $24,470 $25,226 $29,676 15 AIR QUALITY IMPROVEMENT FUND $11,107 $14,447 $3,883 $21,671 $26,930 $43,330 16 GAS TAX FUND ($49,806)$439,293 $412,499 ($23,012)$9,037 $78,382 17 TRAFFIC SAFETY FUND $20,988 $7,347 $9,773 $18,562 $18,590 $19,090 20 MEASURE "I" FUND $252,933 $333,893 $163,145 $423,681 $645,276 $645,676 25 SPRING MOUNTAIN RANCH $722,268 $356,133 $50,264 $1,028,137 $978,137 $980,137 26 LNDSCP & LGTG ASSESSMENT DIST $79,771 $58,045 $25,843 $111,973 $96,665 $98,107 56 ROAD MAINTENANCE & REHAB ACCT FUND $332,858 $254,550 $604 $586,804 $871,804 $871,804 67 PUBLIC, EDUCATIONAL & GOVT ACCESS $116,691 $22,824 $9,369 $130,146 $123,246 $123,246 76 EIFD -ENHANCED INFRAST FIN DIST ($46,368)$0 $0 ($46,368)($46,368)($46,368) 85 OPIOD SETTLEMENT FUNDS $0 $0 $0 $0 $7,558 $10,958 90 COVID-19 REIMBURSEMENT FUNDS $0 $0 $0 $0 $0 $0 94 AMERICAN RECOVERY PLAN ACT (ARPA)$0 $2,917 $1,745 $1,172 $4,089 $4,089 FY2020-21 Revenue, Expenditure, & Fund Balance Fund Fund Title Actual Fund Balance, June 30, 2021 Actual Revenues FY2021-22 Actual Expenditures FY2021-22 Actual Fund Balance, June 30, 2022 Estimated Fund Balance, June 30, 2023 Projected Fund Balance, June 30, 2024 ENTERPRISE FUND 21 WASTE WATER DISPOSAL FUND $1,604,752 ($8,560)$88,570 $1,507,622 $1,517,787 $1,521,787 GRANT FUNDS 22 CDBG -COMM DEV BLOCK GRANT ($15,314)$16,272 $28,712 ($27,754)($27,754)($27,754) 65 SENIOR BUS PROGRAM FUND $9,050 $99,923 $80,650 $28,323 ($5,802)($92,802) 66 CAL RECYCLE GRANT $188 $21,220 $0 $21,408 $21,408 $21,408 73 ACTIVE TRANSPORTATION PRGRM FUND $0 $0 $0 $0 ($3)($3) 74 HIGHWAY SAFETY IMPROV PROGRAM ($428,049)$325,394 $4,928 ($107,583)($107,583)($107,583) 75 EMERGENCY MGMT PREP GRANT (EMPG)$0 $6,876 $14,033 ($7,157)($281)($281) 77 SO CAL INCENTIVE PROJ (SCIP)$0 $0 $0 $0 $0 $0 92 CDBG -COVID $0 $0 $0 $0 $0 $0 SUCCESSOR AGENCY 31 S/A RDA OBLIGATION RETIREMENT FUND $311,371 $0 $311,371 $0 $0 $0 32 S/A CAPITAL PROJECTS FUND ($24,998)$24,998 $0 $0 $0 $0 33 S/A DEBT SERVICE FUND ($530,869)$771,890 $245,021 ($4,000)($4,000)($4,000) 36 2011 TABS A & B BOND PROCEEDS $461,871 ($1,352)$460,519 $0 $1,352 $1,352 FY2020-21 Revenue, Expenditure, & Fund Balance Fund Fund Title Actual Fund Balance, June 30, 2021 Actual Revenues FY2021-22 Actual Expenditures FY2021-22 Actual Fund Balance, June 30, 2022 Estimated Fund Balance, June 30, 2023 Projected Fund Balance, June 30, 2024 CAPITAL PROJECT FUNDS 45 CAPITAL IMPROVEMENTS -COMMERCE WAY $810,958 $1,576 $945 $811,589 $811,589 $811,589 46 CAPITAL IMPROVEMENTS -STREETS $45,264 $39,000 $38,965 $45,299 $45,299 $45,299 47 CAP.PRJ. BARTON/COLTON BRIDGE ($21,273)$0 $3,586 ($24,859)($24,859)($24,859) 48 CAPITAL PROJECTS FUND $0 $0 $0 $0 $0 $0 49 CAPITAL PROJECTS FUND-PARKS $210,818 $406 $2,743 $208,481 $203,481 $203,481 52 HOUSING AUTHORITY $2,061,345 $22,730 $54,336 $2,029,739 $2,025,719 $2,054,849 95 DOG PARK ENDOWMENT FUND $0 $0 $0 $0 $0 $0 $10,857,500 $11,327,159 $8,983,099 $13,201,560 $14,903,163 $15,089,314 Questions