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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 />Recurring General
<br />Fund Revenues
<br />Secured Property Tax
<br />$3,901,013
<br />$3,856,860
<br />($44,153)
<br />Property Transfer Tax
<br />$76,706
<br />$76,707
<br />$1
<br />Property Tax In Lieu of Vehicle License Fee
<br />$1,938,257
<br />$2,359,024
<br />$420,767
<br />Direct Sales Tax
<br />$3,500,000
<br />$1,521,111
<br />($1,978,889)
<br />Indirect Sales Tax
<br />$805,729
<br />$504,963
<br />($300,766)
<br />Transient Occupancy Tax
<br />$1,899,095
<br />$1,899,095
<br />$0
<br />Utility User's Tax
<br />Not Included
<br />$697,867
<br />$697,867
<br />Business Licenses
<br />$133,043
<br />$142,507
<br />$9,464
<br />Franchise Fees
<br />$231,100
<br />$223,081
<br />($8,019)
<br />Charges for Services
<br />$284,429
<br />$204,276
<br />($80,153)
<br />Licenses and Permits
<br />$115,987
<br />$36,899
<br />($79,088)
<br />Fines and Forfeitures
<br />$109,703
<br />$111,141
<br />$1,438
<br />Adult -Use Retail Business Cannabis Tax
<br />Not Included
<br />$45,503
<br />$45,503
<br />Medical Marijuana Taxes
<br />Not Included
<br />$2,040
<br />$2,040
<br />Intergovernmental
<br />160,109
<br />$0
<br />($160,109)
<br />Miscellaneous
<br />$147,762
<br />$0
<br />($147,762)
<br />Investment Income
<br />Not Included
<br />$10,041
<br />$10,041
<br />Total Recurring Revenues
<br />$13,302,933
<br />$11,691,114
<br />($1,611,818)
<br />Recurring General
<br />Fund Expenditures
<br />in -
<br />Police Department
<br />$2,117,5871
<br />$3,522,628
<br />$1,405,041
<br />Fire Department
<br />$879,670
<br />$1,331,278
<br />$451,608
<br />Public Works
<br />$178,495
<br />$1,162,236
<br />$983,741
<br />Park, Recreation b Community Services
<br />$440,846
<br />$276,301
<br />($164,545)
<br />Community Development
<br />$44,287
<br />$161,700
<br />$117,413
<br />Library b Museum
<br />$138,906
<br />$187,689
<br />$48,783
<br />General Government
<br />$734,143
<br />$1,655,034
<br />$920,891
<br />Total Recurring Expenditures
<br />$4,533,9341
<br />$8,296,866
<br />$3,762,932
<br />Net Fiscal Impact
<br />to General Fund
<br />Total Annual Recurring Surplus/(Deficit)
<br />$8,768,9991
<br />$3,394,248
<br />($5,374,751)
<br />Total Annual Revenue/Expenditure Ratio
<br />2.93
<br />1.41
<br />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 />City of Santa Ana
<br />Fiscal Impacts Resulting from the Proposed Related Bristol Specific Plan
<br />Exhibit 10
<br />September 27, 2023
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