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R-050-22 Approving and Adopting the Annual Gann Limit for the Fiscal Year 2022-23
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R-050-22 Approving and Adopting the Annual Gann Limit for the Fiscal Year 2022-23
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2/7/2023 4:46:36 AM
Creation date
5/25/2022 3:57:14 PM
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City Clerk
Agenda Type
City Council
CC - Doc Type
Resolution
Date
5/17/2022
Resolution No.
R-50-22
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Schedule B <br />CITY OF COLTON <br />SCHEDULE OF ESTIMATED REVENUES <br />PROCEEDS AND NON -PROCEEDS OF TAXES <br />Based on the 2022-2023 Budget <br />Staff Recommended <br />Proceeds <br />Non -Proceeds <br />Total <br />of <br />of <br />Proceeds / <br />Taxes <br />Taxes <br />Non -Proceeds <br />General Fund <br />Taxes <br />Property Taxes - Current Year Secured <br />7,075,000 <br />7,075,000 <br />Sales and Use Taxes <br />13,256,000 <br />13,256,000 <br />Franchises <br />2,062,170 <br />2,062,170 <br />Other taxes <br />2,536,000 <br />2,536,000 <br />Licenses & Permits <br />2,137,114 <br />2,137,114 <br />Fines & Forfeitures <br />571,000 <br />571,000 <br />Use of Money & Property <br />165,000 <br />165,000 <br />Intergovernmental Revenue <br />1,408,581 <br />1,408,581 <br />Property Tax in Leiu of Sales Tax <br />- <br />- <br />Property Tax in Lieu of VLF <br />7,040,000 <br />7,040,000 <br />Charges for Current Services - User Fees <br />3,034,350 <br />3,034,350 <br />Miscellaneous Revenue <br />12,275,500 <br />12,275,500 <br />Net - Transfers <br />- <br />- <br />Total proceeds from taxes 29,907,000 <br />Total Proceeds from other sources 21,653,715 <br />Total General Fund Revenue 51,560,715 <br />Note: only the General Fund has taxes as a <br />source of revenue. <br />
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