Laserfiche WebLink
<br />FY 2009-10 <br /> <br />.. ........ -.......... -....- -........- ........... -- ........... -.. -............ ................ --........ --..-.... .... -............. ----..... ...--... --- "'---.. -..... -..-................-............ -.............. ---..- <br /> <br />Revenues <br />Expenditures <br />Deficit <br />Deficit as % of expenses <br /> <br />July 2009 <br />79,679 <br />82,578 <br />(2,898) <br />3.5% <br /> <br />February 20 10 <br />78,656 <br />82,262 <br />(3,606) <br />4.4% <br /> <br />· Primary cause - sales tax $1 .5 million under budget <br />· November 2009 - budget reductions $585,000 <br />savings in FY 2009-10 <br /> <br />.... ......... ......... --...-.. ...---..-- ...-----.. ...-------.. ....-..................... -..... ----.. -.. ...-----..... ----............ --........... --...... --..... ...-.. --........... ---- --- ...---..... --....... <br />9 <br /> <br />Forecast Assumptions <br /> <br />.... ........... .....--....... --- --....-.. -........... ........ -...-......... -- --- ---.. ...-_.. --..................... ............. .......---.... ..----.. -..... ----.. ..-................ ---.... ................... ....... ........ <br /> <br />Property Taxes <br />09-1 0 on target <br />10-11 (1%) <br />11-12 +1% <br /> <br />Sales Taxes <br />09-10 $14.3 M ($1.5 under budget) <br />10-11 $14.5 M <br />11-12 $J5 M <br /> <br />State impact? <br /> <br />Transient Occupancy Taxes <br />09-10 $2.4 M ($400,000 under budget) <br />10-11 $2.45 M <br />11-12 $2.5 M <br /> <br />Development Related Revenues <br />09-1 0 $2.3 M ($853,000 under budget) <br />10-11 $2.75 M <br />11-12 $3.1 M <br /> <br />j. 10 <br /> <br />--...",,,,.. "'........ "'...... .......- ......-- ........ ....-... --- ........... ---....... ...--... ...---- --.. -..... .--...................... -- ..-........... ---- - ------- ~ --............_..... II... ............ ......_. <br /> <br />7A <br />Attachm~~e 6 <br /> <br />5 <br />