August
2008
The
table below summarizes
the city's budget
for the next fiscal
year, recently
adopted by the
City Council.
Some interesting
items to note
are: The budget
is balanced with
a healthy contingency
reserve of over
$1million; Transient
occupancy tax
is money paid
by those who rent
hotel rooms here; “Race
track” is
our share of the "handle",
i.e., money that
is bet at races;
The clean water
fund represents
the amount we
pay to comply
with state and
federal unfunded
mandates; The
capital improvement fund
is the amount
we accumulate
for large long-term
needs; Much of
the money under “lifeguard” and “beaches
and parks” is
to provide services
to visitors.
| Revenues |
|
Expenditures |
|
| |
$ |
|
$ |
| Property
Tax |
3,676,141
|
(a) |
Sheriff |
1,694,739 |
(g) |
| Sales
Tax |
1,563,694
|
(b) |
Fire |
1,933,756 |
|
| Transient
Occupancy
Tax |
1,750,000 |
|
Lifeguard |
782,423 |
(h) |
| Other
Taxes |
588,563
|
(c) |
Other
public safety |
628,137 |
(i) |
| Charges
for Services |
543,456
|
(d) |
General
government |
3,955,123 |
|
| Parking
and Traffic
Fees |
1,397,198
|
(e) |
Public
works |
723,353 |
(j) |
| Race
Track |
242,431 |
|
Beaches & parks |
1,015,891 |
(k) |
| Other
Sources |
992,594 |
|
Other |
880,121
|
(m) |
| Grants,
Capital and
Other |
1,607,023 |
|
Water
fund |
2,620,578 |
|
| Special
Fund Revenue |
1,167,836
|
(f) |
Wastewater
fund |
4,797,768 |
|
|
| Water |
2,406,427 |
|
Clean
Water fund |
507,402 |
|
| Clean
Water |
392,900 |
|
Capital
expenditures |
2,275,163 |
|
| Sewer |
5,120,648 |
|
|
| Use
of Fund Balance |
365,553 |
|
|
| Reserves |
| |
$ |
| Contingency |
1,104,929 |
| Revenue
loss |
500,000 |
| Open
space |
544,913 |
| Capital
improvement |
846,108 |
(a)
Includes Property
Tax, and Property
Tax in Lieu of
VLF
(b)
Includes Sales
and Use Tax, Property
Tax in Lieu of
Sales Tax and
Safety Sales Tax
(c)
Includes Franchise
Tax, Business
License Tax and
Real Property
Transfer Tax
(d)
Planning, Engineering
and Building Services
(e)
Includes Fines
and Forfeitures
and Parking Meter
Income
(f)
Excludes any grant
funding included
above, and Open
Space race track
revenue
(g)
Patrol and Traffic
Enforcement
(h)
Lifeguard Services
Only
© 2007-08
Del Mar Community
Alliance, Inc. All
rights reserved. |
