SR-202-001 (17)Attachment A
STRUCTURE OF THE CITY'S
F~NANCIAL OPERATIONS
The financial operations of the City are organized into funds for which budgets are
prepared. These funds are grouped into three major categories: The General Fund, which
is the largest fund which constituties about one-half of all City revenue, provides basic City
services such as Police, Fire, and Library. About 71 % of the General Fund is financed
from tax revenues such as the Utility User's Tax, Sales Tax, Property Taxes, Business
License Tax, Transient Occupancy Tax (also known as the bed tax) from hotels and motels
and the Parking Facilities Tax on all paid parking in the City. Remaining revenues primarily
come from other governmental agencies, various fines and cost offsetting fees and
charges. Enterprise and Intema! Service Funds operate much like private businesses
where the services provided are financed primarily from fees. Examples are the Water
Fund, Solid Waste Management Fund, and the City self-insurance funds. Special Revenue
Funds keep track of speciaiized revenues and expenditures that can legally oniy be made
for specific uses. Examples are the Community Development Block Grant Fund and
Beach Fund.
The following pie charts show where the City's money comes from and where it goes.
F:\FINANCEIADMI N\OTHER18udstruc.wpd
ANALYSIS QF THE ADOPTED FY 20Q0-01 BUDGET: ALL FUNDS
WHERE THE MONEY COMES FROM
General Fund 53.1 %
$305,527,926 - Revenues
14,250,329 - Balance Sheet (Net)
$319,778,255 - Total
Sel( Insurance Funds F.S %
Water Fund 5.1 %
Solid Waste Mgt. Fund 4.45~
Wastewater Fund 4.2%
Vehicle Management Fund 3.0°~
8alance Sheet Changes 4.5 %
Housing Authority Fund 2.6/
All Other Funds 4.51
Excludes Disaster Relfef Fund (NOrthridge Earthquake) Transportation Furxi 9.5%
WHERE THE MONEY GOES
$318,827,962 - ExpendituresiExpenses
Redevelopment Funds 8.7%
Exdudes Disaster Reliei Fund
{NOnhritlge Earthquake)
Housing Authority Fund 2.7 ~
All Other Funds 3.0°I _
Transportation Fund 14.1
Redevelopment Funds 62%
>hide Management Fund 2.2 /
Insuran~ Funtls 2.9 t
Fund 5.7°k
i~ Solid Waste Mgmt. Fund 42°k
Wastewater Fund 4J %
GeneralFUnd 517%
ANALYSIS OF THE ADOPTED FY 2000-01 BUDGET: GENERAL FUND
' $169,900,127 - Revenues
(5,233,235~ Balance Sheet (Net)
$164,666,892 - Total
~ocal Ta~c~ces 71 A ! "
WHERE THE
COMESFROM
Uses of MoneylProperty 7.3%
Police 20.5%
Licenses and Permits 8.9 %
' Includes 6us, Prot., and Oxup. 4icenses
Non-AssignlT~ansters 1
$164,988,941 - Expenditures
Fines end FoAeitures 5.5 %
~nment 9.2 %
ire 7.8!
:apital Improvements 16.3%
'ublic Wwks 5.0°,6
f Plannirg and Community OevelopmeM
ResourceManagement 2:33% 6.7%
Library 3.4°!0
WHERE THE MONEY GQES
'Charges for Services 4.9!
AII OtherlBalence 9heet (NAt)
2.4%
Gommunity & Cuttural Services 72.4 k
ANALYSIS OF ADOPTED CITY OF SANTA M(JNICA
FY 2t1(10-01 GENERAL FUND REVENUE - LQCAL TAXES
All ~ther Taxes 11.8°/ti
'ax 21.2°!0
Transient Occupc
17.3°l0
les and Use Tax
21.5°l0
Business Lice
14.4°I<
Total - $116,843,469
Property Taxes 13.9°1a