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6
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<br />City of Santa Ana September 27, 2023
<br />Fiscal Impacts Resulting from the Proposed Related Bristol Specific Plan
<br />
<br />use of the much lower cost estimate for police services in the Related FIA was probably
<br />based on an analysis error.
<br />Table 1: Comparison of Project’s Net Fiscal Impacts in Related FIA Versus DTA FIA
<br />Fiscal Impact Category Related FIA DTA FIA Difference
<br />Recurring General Fund Revenues
<br />Secured Property Tax $3,901,013 $3,856,860 ($44,153)
<br />Property Transfer Tax $76,706 $76,707 $1
<br />Property Tax In Lieu of Vehicle License Fee $1,938,257 $2,359,024 $420,767
<br />Direct Sales Tax $3,500,000 $1,521,111 ($1,978,889)
<br />Indirect Sales Tax $805,729 $504,963 ($300,766)
<br />Transient Occupancy Tax $1,899,095 $1,899,095 $0
<br />Utility User's Tax Not Included $697,867 $697,867
<br />Business Licenses $133,043 $142,507 $9,464
<br />Franchise Fees $231,100 $223,081 ($8,019)
<br />Charges for Services $284,429 $204,276 ($80,153)
<br />Licenses and Permits $115,987 $36,899 ($79,088)
<br />Fines and Forfeitures $109,703 $111,141 $1,438
<br />Adult-Use Retail Business Cannabis Tax Not Included $45,503 $45,503
<br />Medical Marijuana Taxes Not Included $2,040 $2,040
<br />Intergovernmental 160,109 $0 ($160,109)
<br />Miscellaneous $147,762 $0 ($147,762)
<br />Investment Income Not Included $10,041 $10,041
<br />Total Recurring Revenues $13,302,933 $11,691,114 ($1,611,818)
<br />Recurring General Fund Expenditures
<br />Police Department $2,117,5871 $3,522,628 $1,405,041
<br />Fire Department $879,670 $1,331,278 $451,608
<br />Public Works $178,495 $1,162,236 $983,741
<br />Park, Recreation & Community Services $440,846 $276,301 ($164,545)
<br />Community Development $44,287 $161,700 $117,413
<br />Library & Museum $138,906 $187,689 $48,783
<br />General Government $734,143 $1,655,034 $920,891
<br />Total Recurring Expenditures $4,533,9341 $8,296,866 $3,762,932
<br />Net Fiscal Impact to General Fund
<br />Total Annual Recurring Surplus/(Deficit) $8,768,9991 $3,394,248 ($5,374,751)
<br />Total Annual Revenue/Expenditure Ratio 2.93 1.41 N/A
<br />Note:
<br />1 The total recurring General Fund expenditures and net fiscal impact listed in the Related FIA appeared to be
<br />incorrect due to an apparent mistaken entry in the projected police expenditures row of the Net Fiscal Impact
<br />Table ($2,117,587 in Table A-15b vs. $176,498, with the latter number actually representing the projected
<br />expenditures the City’s Planning and Building Agency, as listed in many of the Related FIA’s tables).
<br />
<br />Exhibit 10
<br />
<br />
<br />City Council 22 – 420 9/17/2024
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