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104-General Fund Budget Report.pdf Analysis of Trends Business to business below forecastState borrowing Improvement in second half of yearOn trackOn trackTransfer tax up; construction tax downRosebowl fees delayedInvestment earnings reflective of marketARRA & COPS grantsStreet cut permit revenues below forecastLower fine assessments by courts12% below last year; 5% under budgetIncrease per contract COLAOn trackIncrease due to election costsIncrease due to BBF picnic operationsLower plan check costs2% over last year; 7% under budgetCapital savings, state borrowing.Debt service, capital, and retiree medical obligations funded partiallyby reserves. 75,338 685,490625,522701,024991,512 2,144,1843,271,4522,597,9301,151,3372,583,0221,328,2261,468,8208,384,3101,487,2653,733,3873,997,0113,055,118 -9,374,885-5,184,386 10,548,61810,439,37236,151,51510,826,61732,952,528 6/30/2010 Actual 79,042 421,238761,320623,925 2,140,2743,205,0732,618,1251,017,4182,740,4631,163,4921,265,5081,336,9218,133,1681,486,4433,634,0443,789,2603,209,0302,530,373 -7,110,000 14,139,19011,741,79741,292,94010,687,62632,276,492 6/30/2009 891,000492,296902,000100,000991,512 1,994,0003,366,0002,630,0001,200,0003,210,0001,434,0001,517,0048,565,6361,494,5224,062,6414,289,5493,560,750 -9,374,885-5,789,376 11,249,00010,419,50337,887,79911,803,70035,293,802 2009/10 Budget 493,892820,000100,000623,925 -785,303 1,468,0001,483,3958,480,6711,512,7964,254,0064,397,4664,207,724 -7,110,000 2,660,000 3,300,000 2,630,000 1,500,000 2,980,000 1,267,000 41,688,89211,652,06235,988,120 13,390,000 11,080,000 2008/09 Net Gain/(Loss) City of CupertinoGeneral Fund Budget Report (Preliminary)June 30, 2010 Taxes: Sales Tax Property Tax Transient Occupancy Utility Tax Franchise Fees Other TaxesLicenses and PermitsUse of Money & PropertyIntergovernmentalCharges for ServicesFines & ForfeituresOther Revenue Total RevenueOperating Expenditures: Administrative Law Enforcement Public & Environ. Affairs Administrative Service Recreation Service Community Development Public Works Total ExpendituresTransfers InTransfers Out