City of Irvine - Fiscal Year 2019-21 Proposed Budget

BUDGET SUMMARY

GENERAL FUND RESOURCES

General Fund resources for FY 2019-20 total $206,145,891 and resources for FY 2020-21 total $211,628,110. Transfer-in costs for FY 2019-20 and FY 2020-21 of $2,929,720 and $3,649,808 respectively.

RESOURCES

2016-17

2017-18

2018-19

2019-20

2020-21

ACTUAL

ACTUAL

ADJUSTED

PROPOSED

PROPOSED

REVENUES PROPERTY TAX

59,469,593

65,049,200

69,902,446

74,162,141

77,731,639

SALES TAX

63,063,463

63,853,447

64,609,782

64,618,770

64,750,396

HOTEL TAX

12,520,113

14,883,338

16,293,000

17,027,255

17,239,986

PROGRAM AND SERVICE FEES

11,551,006

11,899,921

12,449,722

13,853,790

14,286,178

FRANCHISE TAX

8,854,213

9,226,950

8,890,100

9,348,401

9,518,219

UTILITY USERS TAX

4,558,337

4,761,983

4,649,369

4,576,209

4,766,028

DOCUMENTARY TRANSFER TAX

3,956,523

4,631,011

4,362,066

4,226,885

4,226,885

REVENUE FROM OTHER AGENCIES

6,577,147

4,248,376

4,017,952

4,192,770

4,149,252

ASSESSMENT REVENUE

3,130,028

3,720,835

4,073,250

4,256,814

4,309,997

MISCELLANEOUS REVENUES

1,125,641

1,402,322

1,146,560

1,221,634

1,242,010

FINES & FORFEITURES

1,394,103

1,414,638

1,493,000

1,765,000

1,765,000

FEES FOR SERVICES

1,541,662

1,567,475

1,655,053

1,569,505

1,585,135

LICENSES & PERMITS

394,911

357,113

360,000

1,888,480

1,888,480

DEVELOPMENT FEES

354,693

370,933

327,100

361,100

367,700

MOTOR VEHICLE IN-LIEU REVENUES

115,753 151,397 SUB-TOTAL REVENUE 178,607,186 187,528,134 194,379,400 203,216,171 207,978,302 140,590 150,000 147,417

TRANSFERS-IN DEVELOPMENT SERVICES

619,483

461,982

527,040

432,000

397,440

CONTINGENCY RESERVE

-

431,278

2,112,000

-

-

BUILDING & SAFETY

1,873,601

1,826,872

2,169,557

1,930,020

1,717,668

DEVELOPMENT ENGINEERING

386,167

226,115

369,000

324,200

292,200

REHABILITATION FUND

-

4,200,000

-

-

-

ORANGE COUNTY FIRE AUTHORITY

44,718

-

-

-

-

SPECIAL EVENTS

48,595

-

55,000

55,000

55,000

ORANGE COUNTY GREAT PARK

100,000

100,000

187,500

187,500

1,187,500

PROJECT CLOSE OUTS

5,735

66,370

5,154

-

-

FUND 208 CLOSE OUT

-

-

-

1,000

-

SELF-INSURANCE

-

200,000

-

-

-

SUB-TOTAL TRANSFERS-IN 3,649,808 TOTAL RESOURCES 181,685,486 195,040,750 199,804,651 206,145,891 211,628,110 3,078,300 7,512,617 5,425,251 2,929,720

80

FY 2019-21 Proposed Budget

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