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<br />Project Name
<br />Article 46 Safes Tax
<br />Project Status
<br />Approved
<br />Functional Service Area
<br />Special Revenue Frond
<br />Starting Date
<br />41IJ20 2
<br />Department
<br />Completion late
<br />Onlqoing
<br />-
<br />Current
<br />Year 1
<br />Year 2
<br />Year 3
<br />Year 4
<br />Year 5
<br />Five
<br />Year
<br />Prior Years
<br />Fiscal Year
<br />Fiscal Year
<br />Fiscal Year
<br />Fiscal Year
<br />Fiscal Year
<br />Fiscal Year
<br />Year
<br />to
<br />Project Budget,
<br />Funding
<br />20112 -13
<br />2013-14
<br />2014 -1
<br />2015 -96
<br />2046 -17
<br />2017 -18
<br />Total
<br />Year 10
<br />Appropriation
<br />Economic Development
<br />312,504
<br />1,344,4401
<br />11319,50301
<br />1,339,293
<br />1,859,882
<br />1,379,T73
<br />1;400,469
<br />6,798,416
<br />71323,-82,8
<br />hace1 H.,11-Camboro City Schools
<br />190,625
<br />79g, go
<br />1111,492
<br />623,664
<br />836 G
<br />843,560
<br />861,288
<br />4,181,024
<br />4,514,1
<br />Orange Count! Schools
<br />12;,1375
<br />5034,5413
<br />508,008
<br />615,528
<br />523,3032
<br />531,212
<br />539,181
<br />L61T,3S I
<br />_; 2,319,674
<br />Total Project Budget
<br />625.4401
<br />2,600,000
<br />2,639,000
<br />2,678,588=
<br />2,718,764
<br />2,769,546
<br />2,8119,933
<br />13, x96,831
<br />14 :647;666
<br />General Fund Related Operating Costs
<br />Personnel Services
<br />Orations
<br />Now Debt Service
<br />Total Operating Costs
<br />FlevenueslFunding Source
<br />Article 46 Sales Tax
<br />625,G00
<br />2,60 0,000
<br />2,639,0W
<br />2,678,585,
<br />2,718,764
<br />2,759,545
<br />2,800,938
<br />13=596,831
<br />14,647F 656
<br />70tal
<br />626,0113
<br />2,6 4 944
<br />2,639,688 2,678,585 2,718,764 2,769,545 2,8+14,938 13,596,831
<br />14,647,656
<br />Project Description/Justification
<br />The Article 46 (114 cent) Sales Tax was approved by the voters in the November 241 1 eiectitin, and becameeffectiveApril 1, 2012. The anticipated revenue generated in
<br />FY 20192 -13 is $2,844,000, with an assumption of 1.5% growth in subsequent years. 50% of the proceeds are for Economic Development initiatives, and 50 ofthe>
<br />proceeds for Education (allocated by the ADM count of the two school districts). Prior Years Funding reflects` FY 2491-12, when proceeds for the April -tune 2412 quarter
<br />were estimated at $625,440.
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