|
2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
<br />Actual Actual Actual Budget Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast
<br />Revenues
<br />Property Taxes 86,075,776 90,241,390 92,605,525 96,546,900 98,850,100 102,477,800 106,229,500 110,120,600 114,156,500 118,494,400 122,997,200 127,671,100 132,522,600
<br />Sales & Use Taxes 26,183,661 23,963,541 25,286,992 25,803,500 26,071,600 26,797,700 27,615,200 28,464,700 29,340,600 30,220,800 31,127,400 32,061,200 33,023,000
<br />Business License Tax 5,853,515 5,802,541 6,706,963 6,500,000 6,695,000 6,895,900 7,102,800 7,315,900 7,535,400 7,761,500 7,994,300 8,234,100 8,481,100
<br />Transient Occupancy Tax 5,004,019 5,259,180 5,337,470 5,471,300 5,580,700 5,692,300 5,806,100 5,922,200 6,040,600 6,161,400 6,284,600 6,410,300 6,538,500
<br />Other Taxes 1,351,006 1,545,656 1,478,456 1,450,000 1,462,000 1,491,200 1,521,000 1,551,400 1,582,400 1,614,000 1,646,300 1,679,200 1,712,800
<br />Franchise Taxes 3,284,092 3,440,134 3,534,124 3,491,400 3,545,800 3,634,400 3,725,300 3,818,400 3,913,900 4,011,700 4,112,000 4,214,800 4,320,200
<br />Permits 3,592,588 3,872,848 4,985,810 3,872,000 3,310,050 3,409,400 3,511,700 3,617,100 3,725,600 3,837,400 3,952,500 4,071,100 4,193,200
<br />Recreation Revenues 4,197,090 4,663,652 4,954,749 4,907,198 4,730,698 4,872,600 5,018,800 5,169,400 5,324,500 5,484,200 5,648,700 5,818,200 5,992,700
<br />Other Revenue 17,202,970 12,961,296 28,771,964 12,444,464 12,840,403 13,454,300 13,801,800 14,158,500 14,524,800 14,901,000 15,287,200 15,683,800 16,091,100
<br />Subtotal Revenues 152,744,716 151,750,238 173,662,053 160,486,762 163,086,351 168,725,600 174,332,200 180,138,200 186,144,300 192,486,400 199,050,200 205,843,800 212,875,200
<br />Transfers-In 4,883,453 3,751,843 1,367,145 2,887,000 3,494,000 1,391,800 1,433,600 1,476,600 1,520,900 1,566,500 1,613,500 1,661,900 1,711,800
<br />Use of Reserves*349,150 2,000,000
<br />Total Revenues 157,628,169$ 155,502,080$ 175,029,198$ 163,722,912$ 168,580,351$ 170,117,400$ 175,765,800$ 181,614,800$ 187,665,200$ 194,052,900$ 200,663,700$ 207,505,700$ 214,587,000$
<br />Expenditures
<br />Personnel
<br />Salaries & Benefits (excluding Pension) 57,906,756 62,490,945 66,897,881 65,353,341 67,125,600 72,117,234 74,478,657 76,974,257 79,556,918 82,257,882 85,011,815 87,884,911 90,840,871
<br />Pension (includes LPFD)20,501,373 21,139,934 22,998,077 26,425,053 27,886,322 28,924,500 30,524,100 30,389,800 30,193,700 28,989,400 29,059,400 28,308,200 28,053,500
<br />LPFD Salaries & Benefits (Pleasanton only)15,702,552 18,280,053 19,452,555 19,128,997 19,850,609 20,743,900 21,677,400 22,652,900 23,672,300 24,737,600 25,850,800 27,014,100 28,229,700
<br />Subtotal Personnel Costs 94,110,681 101,910,933 109,348,513 110,907,391 114,862,530 121,785,634 126,680,157 130,016,957 133,422,918 135,984,882 139,922,015 143,207,211 147,124,071
<br />Non-Personnel Costs
<br />Transportation & Training 1,693,003 1,795,505 1,625,519 1,673,859 1,479,559 1,509,200 1,539,400 1,570,200 1,601,600 1,633,600 1,666,300 1,699,600 1,733,600
<br />Repairs & Maintenance (Includes all R&R Funds) 8,028,209 6,531,803 5,495,860 5,475,285 5,646,115 5,815,500 5,990,000 6,169,700 6,354,800 6,545,400 6,741,800 6,944,100 7,152,400
<br />Materials, Supplies & Services 24,916,946 26,549,008 30,823,954 31,591,098 32,992,997 34,329,100 35,733,000 37,208,900 38,761,400 40,395,400 42,116,100 43,929,200 45,840,600
<br />Capital Outlay 1,829,159 1,484,449 2,361,407 1,002,025 1,052,025 1,073,100 1,094,600 1,116,500 1,138,800 1,161,600 1,184,800 1,208,500 1,232,700
<br />Leases & Others 482,932 1,056,866 13,717,017 365,000 365,000 372,300 379,700 387,300 395,000 402,900 411,000 419,200 427,600
<br />Fire (Pleasanton only)2,479,516 3,167,911 3,142,786 3,194,604 3,194,604 3,290,400 3,389,100 3,490,800 3,595,500 3,703,400 3,814,500 3,928,900 4,046,800
<br />Subtotal Non-Personnel Costs 39,429,765 40,585,543 57,166,542 43,301,871 44,730,300 46,389,600 48,125,800 49,943,400 51,847,100 53,842,300 55,934,500 58,129,500 60,433,700
<br />Operating Transfers 5,953,932 9,083,029 1,328,970 3,270,000 1,150,000 1,184,500 1,220,000 1,256,600 1,294,300 1,333,100 1,373,100 1,414,300 1,456,700
<br />Capital Projects Transfers 7,905,144 2,277,255 5,871,578 1,000,000 3,250,000 3,500,000 3,750,000 4,000,000 4,250,000 4,500,000 4,750,000 5,000,000 5,250,000
<br />Deferred Infrastructure - - - 5,221,000 5,541,000 6,060,000 5,976,000 5,892,000 5,805,000 5,717,000 5,627,000 6,000,000 6,250,000
<br />Total Expenditures 147,399,522$ 153,856,759$ 173,715,603$ 163,700,262$ 169,533,830$ 178,919,734$ 185,751,957$ 191,108,957$ 196,619,318$ 201,377,282$ 207,606,615$ 213,751,011$ 220,514,471$
<br />Annual Surplus / (Deficit)**10,228,647$ 1,645,321$ 1,313,595$ 22,650$ (953,479)$ (8,802,334)$ (9,986,157)$ (9,494,157)$ (8,954,118)$ (7,324,382)$ (6,942,915)$ (6,245,311)$ (5,927,471)$
<br />*Use of reserves from prior years are reflected in the actuals.
<br />** As noted in the staff report, available resources in FY 2022/23 were retained in the General Fund to meet the City's 20.0% reserve target. 16.7% is the minimum reserve recommended by the Government Finance Officers Association.
<br />City of Pleasanton
<br />General Fund Ten-Year Financial Forecast
<br />Summary Level - Baseline Scenario
<br />ATTACHMENT 2
<br />Page 86 of 144
|