Newport Beach http://www.city.newport-beach.ca.us/ will have about $14 million less in total revenue for the coming year but the proposed budget shows cuts of over $32 million. Property taxes are expected to increase by over $1.5 million, but sales tax is anticipated to drop by over $3 million.
|
Revenues |
FY 08-09 |
FY 09-10 |
$ Change |
% Change |
|
Property Taxes |
$77,092,919 |
$78,810,195 |
$1,717,276 |
2.23% |
|
City Sales & Use |
23,334,670 |
20,263,438 |
-3,071,232 |
-13.16% |
|
Sales Tax Sharing Agreement |
-699,036 |
-607,010 |
92,026 |
-13.16% |
|
Transient Occupancy Tax |
13,014,079 |
13,000,000 |
-14,079 |
-0.11% |
|
Franchises |
3,644,434 |
3,525,000 |
-119,434 |
-3.28% |
|
Business Licenses |
3,967,080 |
3,802,000 |
-165,080 |
-4.16% |
|
Marine Charter Tax |
400,000 |
300,000 |
-100,000 |
-25.00% |
|
Coin Op Machine Tax |
7,000 |
7,000 |
0 |
0.00% |
|
Licenses & Permits |
3,044,553 |
2,947,790 |
-96,763 |
-3.18% |
|
Intergovernmental |
2,359,080 |
2,051,200 |
-307,880 |
-13.05% |
|
Current Services |
14,480,555 |
14,380,989 |
-99,566 |
-0.69% |
|
Fines & Forfeitures |
3,559,756 |
3,645,000 |
85,244 |
2.39% |
|
Use of Money & Property |
8,495,802 |
7,418,404 |
-1,077,398 |
-12.68% |
|
Other Revenue |
670,715 |
595,600 |
-75,115 |
-11.20% |
|
|
$153,371,607 |
$150,139,606 |
-$3,232,001 |
-2.11% |
|
|
|
|
|
|
|
Fed Forfeiture Fund |
$43,210 |
$43,000 |
-$210 |
-0.49% |
|
OTS Grant |
184,751 |
0 |
-184,751 |
-100.00% |
|
COPS |
162,000 |
160,750 |
-1,250 |
-0.77% |
|
Grants |
0 |
67,197 |
67,197 |
NA |
|
CDBG |
355,659 |
355,600 |
-59 |
-0.02% |
|
Gas Tax |
1,652,500 |
1,401,250 |
-251,250 |
-15.20% |
|
Prop 1B |
1,354,500 |
1,279,014 |
-75,486 |
-5.57% |
|
Traffic Congestion |
1,168,717 |
807,268 |
-361,449 |
-30.93% |
|
Tidelands Fund |
10,346,602 |
9,535,710 |
-810,892 |
-7.84% |
|
Contributions |
2,912,300 |
1,258,924 |
-1,653,376 |
-56.77% |
|
Circulation |
475,000 |
651,500 |
176,500 |
37.16% |
|
Building Excise Tax |
126,000 |
100,500 |
-25,500 |
-20.24% |
|
Measure M |
2,142,348 |
2,827,977 |
685,629 |
32.00% |
|
AHRP |
400,000 |
0 |
-400,000 |
-100.00% |
|
AQMD |
112,000 |
106,000 |
-6,000 |
-5.36% |
|
Environmental Liability |
565,000 |
45,000 |
-520,000 |
-92.04% |
|
Oil Spill Remediation |
500 |
0 |
-500 |
-100.00% |
|
Annexation Fund |
450,000 |
250,000 |
-200,000 |
-44.44% |
|
Assessment District Fund |
0 |
0 |
0 |
0.00% |
|
CIOSA Fund |
100,000 |
50,000 |
-50,000 |
-50.00% |
|
Bonita Canyon Dev Fund |
2,000 |
0 |
-2,000 |
-100.00% |
|
Back Bay Science Center |
1,300,000 |
0 |
-1,300,000 |
-100.00% |
|
Misc SAH Projects |
7,528,500 |
0 |
-7,528,500 |
-100.00% |
|
Water Enterprise |
18,667,998 |
18,396,998 |
-271,000 |
-1.45% |
|
Wastewater Fund |
3,857,725 |
3,829,477 |
-28,248 |
-0.73% |
|
Insurance Reserve Fund |
7,028,118 |
6,928,118 |
-100,000 |
-1.42% |
|
Retiree Medical Fund |
1,748,125 |
3,351,500 |
1,603,375 |
91.72% |
|
Compensated Absences |
2,335,456 |
2,434,085 |
98,629 |
4.22% |
|
Equipment Fund |
5,738,678 |
5,705,620 |
-33,058 |
-0.58% |
|
Police Equipment |
978,070 |
832,945 |
-145,125 |
-14.84% |
|
Ackerman Trust |
0 |
22,000 |
22,000 |
NA |
|
Newport Bay Dredging |
0 |
89,000 |
89,000 |
NA |
|
Debt Service |
0 |
7,500 |
7,500 |
NA |
|
|
$71,735,757 |
$60,536,933 |
-$11,198,824 |
-15.61% |
|
|
|
|
|
|
|
Total Revenues |
$225,107,364 |
$210,676,539 |
-$14,430,825 |
-6.41% |
|
|
|
|
|
|
|
|
|
|
|
|
|
Expenditures – General Fund |
FY 08-09 |
FY 09-10 |
$ Change |
% Change |
|
City Council |
$1,179,230 |
$1,174,250 |
-$4,980 |
-0.42% |
|
City Clerk |
414,666 |
381,140 |
-33,526 |
-8.09% |
|
Elections |
100,000 |
0 |
-100,000 |
-100.00% |
|
City Manager |
1,611,293 |
1,619,706 |
8,413 |
0.52% |
|
Human Resources |
2,003,565 |
2,357,506 |
353,941 |
17.67% |
|
City Atty |
1,513,322 |
2,403,871 |
890,549 |
58.85% |
|
Admin Services |
8,105,365 |
8,239,818 |
134,453 |
1.66% |
|
Police & Fire |
76,312,502 |
78,617,750 |
2,305,248 |
3.02% |
|
Community Development |
8,741,673 |
8,671,354 |
-70,319 |
-0.80% |
|
Public Works |
30,185,709 |
30,871,336 |
685,627 |
2.27% |
|
Community Services |
13,637,991 |
13,753,628 |
115,637 |
0.85% |
|
Debt Service |
1,571,250 |
0 |
-1,571,250 |
-100.00% |
|
|
$145,376,566 |
$148,090,359 |
$2,713,793 |
1.87% |
|
|
|
|
|
|
|
General Fund CIP |
$11,835,815 |
$3,120,000 |
-$8,715,815.00 |
-73.64% |
|
|
|
|
|
|
|
Enterprise Activities |
$27,751,620 |
$27,008,740 |
-$742,880.00 |
-2.68% |
|
Internal Service Funds |
$15,325,578 |
$17,979,562 |
$2,653,984.00 |
17.32% |
|
Other Funds |
$58,180,458 |
$29,681,224 |
-$28,499,234.00 |
-48.98% |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Expenditures |
$258,470,037 |
$225,879,885 |
-$32,590,152 |
-12.61% |
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