Loading...
HomeMy WebLinkAbout03-03-2022 - Agenda Pkg - CC Adjourned MeetingCity Council City of Hermosa Beach Adjourned Meeting Agenda City Hall 1315 Valley Drive Hermosa Beach, CA 90254 Mayor Michael Detoy Mayor Pro Tem Raymond Jackson Councilmembers Stacey Armato Mary Campbell Justin Massey 5:00 PMThursday, March 3, 2022 Hybrid virtual/in-person meetings are held pursuant to AB361 Face masks required for all in-person attendance Duly posted on February 28, 2022 at 4:00 p.m. by A.Y. VIEWING OPTIONS FOR PUBLIC MEETINGS Page 1 City of Hermosa Beach Printed on 5/24/2023 1 March 3, 2022City Council Adjourned Meeting Agenda Public meetings are broadcast live on Spectrum Channel 8 and Frontier Channel 31 in Hermosa Beach. Additional viewing options are provided as a courtesy. ZOOM: Join the meeting link if available or participate by phone YOUTUBE CHANNEL: https://www.youtube.com/c/CityofHermosaBeach90254 CITY WEBSITE: www.hermosabeach.gov and visit the Agendas/Minutes/Videos page ***PLEASE NOTE: IF YOU EXPERIENCE TECHNICAL DIFFICULTIES WHILE VIEWING THE MEETING ON ONE OF THESE PLATFORMS, PLEASE TRY ONE OF THE OTHER VIEWING OPTIONS*** All council meetings are open to the public. PLEASE ATTEND. The Council receives a packet with detailed information and recommendations on nearly every agenda item. City Council agenda packets are available for your review on the City's website located at www.hermosabeach.gov. Complete agenda packets are also available for public inspection in the City Clerk's office. During the meeting, a packet is also available in the Council Chambers foyer or you can access the packet at our website, www.hermosabch.org, on your laptop, tablet or smartphone through the wireless signal available in the City Council chambers - Network ID: CHB-Guest, Password: chbguest To comply with the Americans with Disabilities Act of 1990, Assistive Listening Devices (ALD) will be available for check out at the meeting. If you require special assistance to participate in this meeting, you must call or submit your request in writing to the Office of the City Clerk at (310) 318-0204 at least 48 hours prior to the meeting. Page 2 City of Hermosa Beach Printed on 5/24/2023 2 March 3, 2022City Council Adjourned Meeting Agenda Hybrid virtual/in-person meetings are held pursuant to AB361. State and local officials recommend measures to promote social distancing. Members of the public may email comments to cityclerk@hermosabeach.gov or submit eComments until 3:00 p.m. on the meeting date. COUNCIL CHAMBERS: 1315 Valley Drive, Hermosa Beach (Face mask required for all in-person attendance) JOIN THE VIRTUAL MEETING AT: https://us02web.zoom.us/j/89968207828?pwd=bXZmWS83dmxHWDZLbWRTK2RVaUxaUT09 OR PARTICIPATE BY PHONE: •Toll Free: 833-548-0276 •Meeting ID: 899 6820 7828, then # •Passcode: 472825 ATTENDEES WILL BE MUTED UNTIL THE PUBLIC PARTICIPATION PERIOD IS OPENED. If you are joining by phone, press * 9 to raise your virtual hand and * 6 to unmute your line when asked to do so. Comments from the public are limited to 3 minutes per speaker. Oral and Written Communication Persons who wish to have written materials included in the agenda packet at the time the agenda is published on the City's website must submit the written materials to the City Manager's office by email (cityclerk@hermosabeach.gov) or in person by noon of the Tuesday, one week before the meeting date. Written materials pertaining to matters listed on the posted agenda received after the agenda has been posted will be added as supplemental materials under the relevant agenda item on the City's website at the same time as they are distributed to the City Council by email. Supplemental materials may be submitted via eComment (instructions below) or emailed to cityclerk@hermosabeach.gov. Supplemental materials must be received before 3:00 p.m. on the date of the meeting to ensure Council and staff have the ability to review materials prior to the meeting. Supplemental materials submitted after 3:00 p.m. on the date of the meeting or submitted during the meeting will be posted online the next day. Submit Supplemental eComments in three easy steps: Note: Your comments will become part of the official meeting record. You must provide your full name, but please do not provide any other personal information (i.e. phone numbers, addresses, etc) that you do not want to be published. 1. Go to the Agendas/Minutes/Video webpage and find the meeting you’d like to submit comments on. Click on the eComment button for your selected meeting. 2. Find the agenda item for which you would like to provide a comment and select the comment button. 3. Sign in to your SpeakUp Hermosa Account or as a guest, enter your name and comment in the fields provided. If you have an account, you may attach files before submitting your comment. Page 3 City of Hermosa Beach Printed on 5/24/2023 3 March 3, 2022City Council Adjourned Meeting Agenda I. CALL TO ORDER II. PLEDGE OF ALLEGIANCE III. ROLL CALL IV. ANNOUNCEMENTS - UPCOMING CITY EVENTS V. APPROVAL OF AGENDA VI. PUBLIC PARTICIPATION: Although the City Council values your comments, the Brown Act generally prohibits the Council from taking action on any matter not listed on the posted agenda as a business item. Comments from the speaker are limited to three minutes per speaker. VII. OPENING REMARKS: City Manager Suja Lowenthal VIII. STUDY SESSION REVENUE STUDY SESSION (Finance Director Viki Copeland) a. IX. PUBLIC PARTICIPATION: Although the City Council values your comments, the Brown Act generally prohibits the Council from taking action on any matter not listed on the posted agenda as a business item. Comments from the speaker are limited to three minutes per speaker. X. MUNICIPAL MATTER CONSIDERATION OF TAKING ACTION OR GIVING DIRECTION TO STAFF ON ITEMS FROM THE REVENUE STUDY SESSION (Finance Director Viki Copeland) a. XI. ADJOURNMENT Page 4 City of Hermosa Beach Printed on 5/24/2023 4 March 3, 2022City Council Adjourned Meeting Agenda FUTURE MEETINGS AND CITY HOLIDAYS CITY COUNCIL MEETINGS: March 8, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting March 22, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting March 31, 2022 -Thursday - Adjourned Regular Meeting: 5:00 PM - ADA Study Session April 12, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting April 21, 2022 -Thursday - Adjourned Regular Meeting: 5:00 PM - FY 2022-2023 CIP Study Session April 26, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting May 10, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting May 24, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting June 2, 2022 -Thursday - Adjourned Regular Meeting: 5:00 PM - Budget Study Session June 14, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting June 28, 2022 - No meeting due to lack of quorum July 12, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting July 21, 2022 -Thursday - Adjourned Regular Meeting: 6:00 PM - Joint meeting with all Boards/Commissions July 26, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting August 4, 2022 -Thursday - Adjourned Regular Meeting: 5:00 PM - Study Session August 9, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting August 23, 2022 - Tuesday - No Meeting (Dark for Summer Break) September 1, 2022 -Thursday - Adjourned Regular Meeting: 5:00 PM - Study Session September 13, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting September 27, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting October 11, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting October 22, 2022 -Saturday - Adjourned Regular Meeting: 8:00 AM - City Council Retreat October 25, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting Page 5 City of Hermosa Beach Printed on 5/24/2023 5 March 3, 2022City Council Adjourned Meeting Agenda CITY COUNCIL MEETINGS - CONTINUED: November 3, 2022 -Thursday - Adjourned Regular Meeting: 5:00 PM - Closed Session, 6:00 PM - Regular Meeting November 8, 2022 - No meeting due to lack of quorum (General Election) November 22, 2022 - No meeting due to lack of quorum (Thanksgiving week) November 29, 2022 -Tuesday - Adjourned Regular Meeting: 5:00 PM - Closed Session, 6:00 PM - Regular Meeting (Installation of new officers) December 1, 2022 -Thursday - Adjourned Regular Meeting: 6:00 PM - Mayor Transition Ceremony & Reception December 13, 2022 - Tuesday - 5:00 PM - Closed Session, 6:00 PM - City Council Meeting December 27, 2022 - Tuesday - No Meeting (Dark for WInter Break) BOARDS, COMMISSIONS AND COMMITTEE MEETINGS: March 7, 2022 - Monday - 6:00 PM - Economic Development Committee Meeting March 15, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting March 16, 2022 - Wednesday - 6:00 PM - Public Works Commission Meeting April 4, 2022 - Monday - 6:00 PM - Economic Development Committee Meeting April 5, 2022 - Tuesday - 7:00 PM - Parks and Recreation Advisory Commission Meeting April 19, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting May 2, 2022 - Monday - 6:00 PM - Economic Development Committee Meeting May 3, 2022 - Tuesday - 7:00 PM - Parks and Recreation Advisory Commission Meeting May 17, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting May 18, 2022 - Wednesday - 6:00 PM - Public Works Commission Meeting June 6, 2022 - Monday - 6:00 PM - Economic Development Committee Meeting June 16, 2022 - Thursday - 7:00 PM - Parks and Recreation Advisory Commission Meeting June 21, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting July 5, 2022 - Tuesday - 7:00 PM - Parks and Recreation Advisory Commission Meeting July 19, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting July 20, 2022 - Wednesday - 6:00 PM - Public Works Commission Meeting August 2, 2022 - Tuesday - 7:00 PM - Parks and Recreation Advisory Commission Meeting August 16, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting September 6, 2022 - Tuesday - 7:00 PM - Parks and Recreation Advisory Commission Meeting September 20, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting September 21, 2022 - Wednesday - 6:00 PM - Public Works Commission Meeting October 6, 2022 - Tuesday - 7:00 PM - Parks and Recreation Advisory Commission Meeting October 18, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting November 1, 2022 - Tuesday - 7:00 PM - Parks and Recreation Advisory Commission Meeting November 15, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting November 16 - Wednesday - 6:00 PM - Public Works Commission Meeting December 6, 2022 - Tuesday - 7:00 PM - Parks and Recreation Advisory Commission Meeting December 20, 2022 - Tuesday - 6:00 PM - Planning Commission Meeting CITY OFFICES CLOSED FRIDAY-SUNDAY AND ON THE FOLLOWING DAYS: May 30, 2022 - Monday - Memorial Day July 4, 2022 - Monday - Independence Day September 5, 2022 - Monday - Labor Day November 24, 2022 - Thursday - Thanksgiving Day December 26, 2022 - Monday - Christmas Day (observed) January 2, 2023 - Monday - New Year's Day (observed) Page 6 City of Hermosa Beach Printed on 5/24/2023 6 City of Hermosa Beach Staff Report City Hall 1315 Valley Drive Hermosa Beach, CA 90254 Staff Report REPORT 22-0121 Honorable Mayor and Members of the Hermosa Beach City Council Adjourned Regular Meeting of March 3, 2022 REVENUE STUDY SESSION (Finance Director Viki Copeland) Recommended Action: Staff recommends City Council receive the staff presentation and discuss the Revenue Study Session Discussion Items (Attachment 2)and the updates provided herein. Executive Summary: The attached list of revenue sources (Attachment 2)reflects both City Council and staff suggested items for review.Status updates are provided in red for items that are already complete or are in progress.No formal action may be taken by the City Council at the Revenue Study Session. However,the meeting is an adjourned City Council meeting so action may be taken during the Adjourned Council Meeting after the study session if desired. Background: The Revenue Study Session was originally scheduled for April 30,2019.Instead,the Capital Improvement Study session was moved from April 23,2019 to that date and the Revenue Study Session was postponed. At the hearing and adoption of the FY2019-2020 Budget on June 11,2019,City Council approved placing a measure on the ballot to increase the Transient Occupancy Tax from 12 percent to 14 percent.After passage of the measure in November 2019,the Revenue Study Session was scheduled for March 2020.With the ensuing emergency declaration on March 16,2020 due to COVID-19, the Revenue Study Session was again postponed. Discussion: An overview of the City’s revenue sources and a list of discussion items is included the Revenue Study Session Slides (Attachment 1).The Revenue Study Session Discussion Items (Attachment 2)is a list of revenue sources reflecting both City Council and staff suggested items for review.At this time,some items are complete and others are in progress.A status update is included with the list of items and shown in red. The list is separated into the following sections: City of Hermosa Beach Printed on 5/24/2023Page 1 of 3 powered by Legistar™7 Staff Report REPORT 22-0121 1.Taxes; 2.Use of Property and User Fees; and 3.Other Funding Sources. Also included is the Revenue Report for November 2021 for reference (Attachment 3). Jeff Cooper,Vice President of NV5,will join us for discussions of Items B3c regarding the Sewer Service Charge and B3e regarding the Evaluation of the Lighting District.Bobby Young,Director of Client Services for HdL,will join us at 6:00 p.m.for Item A2b regarding the discussion of the District Transaction and Use Tax.HdL provides the City’s software and reporting for sales tax and business licensing. Staff requests City Council discussion and feedback on the items presented,as well as any new items.Council may take action on items or give direction to staff after the study session at the Regular Adjourned City Council Meeting. General Plan Consistency: This report and associated recommendation have been evaluated for their consistency with the City’s General Plan. Relevant Policies are listed below: Governance Element Goal 1. A High degree of transparency and integrity in the decision-making process. Policy: ·1.6 Long-term consideration.Prioritize decisions that provide long-term community benefit and discourage decisions that provide short-term community benefit but reduce long-term opportunities. Goal 6.A broad-based and long-term economic development strategy for Hermosa Beach that supports existing businesses while attracting new business and tourism. Policies: ·6.1 Long-term economic development.Support the development and implementation of long-term development strategies that seek to establish and keep new businesses and a strong middle class in Hermosa Beach over the decades to come. ·6.3 Diversified Economy.Encourage economic development strategies that allow the city to move beyond reliance on its two main industries -accommodation and food service and retail trade - and transform itself to a mature mix of economic activity and job opportunities. ·6.7 Retail base.Encourage economic development reflective of the character of Hermosa Beach with small and medium scale retail development within Hermosa Beach in order to City of Hermosa Beach Printed on 5/24/2023Page 2 of 3 powered by Legistar™8 Staff Report REPORT 22-0121 create a stronger tax base and increase the City’s tax revenue. Fiscal Impact: There is no fiscal impact associated with the recommended action. Attachments: 1. Revenue Study Session Slides 2. Revenue Study Session Discussion Items 3. Revenue Report for November 2021 Respectfully Submitted by: Viki Copeland, Finance Director Approved: Suja Lowenthal, City Manager City of Hermosa Beach Printed on 5/24/2023Page 3 of 3 powered by Legistar™9 Revenue Study Session March 3, 2022 1Attachment 1 of 3 10 General Fund Revenue 2 Property Taxes, 51.2% Service Charges, 15.1% Other Taxes, 3.3% Sales Taxes, 6.8%UUT, 5.2%TOT, 4.8% Business License, 2.8% Lic/Permits, 2.0% Fines, 4.8%Use/Money, Prop, 3.7% Intergvt/State, 0.3% 2021-22 Budgeted Revenue by Category 11 General Fund Revenue 3 Top Tax Revenue Sources 2021-22 Revised Budget % of Total Revenue Property Tax $20,483,389 51.2% Sales Tax $2,717,628 6.8% Transient Occupancy Tax (TOT)$1,928,358 4.8% Utility Users Tax (UUT)$2,093,903 5.2% Top Tax Total $27,223,278 68% 12 General Fund Revenue 4 Revenue Sources 2021-22 Revised Budget % of Total Revenue Top Tax Sources $27,223,278 68% Other Taxes $2,428,235 6.1% Licenses/Permits $785,512 2% Fines/Forfeitures $1,906,306 4.8% Use/Money and Property $1,469,888 3.7% Intergovt/State $142,192 0.3% Service Charges $6,041,373 15.1% Other Revenue $18,511 0% Total General Fund Revenue $40,015,295 13 Revenue Study Session A.Taxes 5 1. Property Tax a.Split Roll for Property Tax (State measure, did not pass) b.Parcel Tax (Information only) 2. Sales Tax a.Pursue Sales Tax at the Former Land Rover Site (Status: Complete) b.District Tax (Transaction and Use Tax) 14 Revenue Study Session A.Taxes 6 3. Utility User Tax (UUT) a.Explore Options to Address Erosion of UUT (Status: In Progress) 4. Transient Occupancy Tax (TOT) a.Increase the TOT Tax (Status: Complete) b.TOT Audits (Status: Complete) c.Short-Term Vacation Rentals in Commercial Zone (Status: Complete) 15 Revenue Study Session A.Taxes 7 5. Consider a Cannabis Tax (Status: In Progress) 6. Business License Tax a.Consider an Increase or Changes 16 Revenue Study Session B.Use of Property and User Fees 8 1. Parking Revenue (Status: In Progress) a.Parking Meter Rates b.Mobile App c.Parking Citation Fines d.Parking Permit Rates e.Other Parking Permits f.Electric Vehicle Charging Fee/ Free Parking at Meter 17 Revenue Study Session B. Use of Property and User Fees 9 2. Encroachments a.Resume Permanent Outdoor Encroachment Fees Status: Complete b.Increase Permanent Outdoor Encroachment Fees c.Set Fee for Temporary Outdoor Encroachments Status: Complete 18 Revenue Study Session B.Use of Property and User Fees 10 3. Other Property-Related a.Increase Storage Property Lease (Status: Complete) b.Increase Residential Encroachment Fees c.Apply CPI for Annual Sewer Charge (Status: In Progress) d.Enhance Clark Building as a Revenue Generator 19 Revenue Study Session B. Use of Property and User Fees 11 3. Other Property-Related, continued e. Re-evaluate the Lighting Landscaping Fund (Status: In Progress) f. Implementation of a Storm Water Fee g. Possibility of More Undersea Cables h. Park Recreation In Lieu Fee 20 Revenue Study Session B. Use of Property and User Fees 12 3. Other Property-Related, continued i. User Fee Study (Service Charges) j. Fee Waivers (Status: Complete) k. Create a Municipal Lease Policy 21 Revenue Study Session C.Other Funding Sources 13 1. Settlement Bond Refunding (Status: Complete) Year Ending November 1 Principal Interest Total Debt Service 2021 395,000 330,528 725,528 2022 415,000 310,200 725,200 2023 435,000 293,600 728,600 2024 450,000 276,200 726,200 2025 470,000 258,200 728,200 2026 490,000 239,400 729,400 2027 510,000 219,800 729,800 2028 535,000 199,400 734,400 2029 560,000 178,000 738,000 2030 580,000 155,600 735,600 2031 610,000 132,400 742,400 2032 635,000 108,000 743,000 2033 665,000 82,600 747,600 2034 685,000 56,000 741,000 2035 715,000 28,600 743,600 Total:8,150,000$ 2,868,528$ 11,018,528$ 22 Revenue Study Session C.Other Funding Sources 14 2. Economic Development Committee 3. Business Improvement District (BID) 23 City Council Questions/Comments 15 24 REVENUE STUDY SESSION DISCUSSION ITEMS A. TAXES All tax increases require placement on a regularly scheduled general election of City Councilmembers unless an emergency is declared by unanimous vote of the Council. A general tax is a tax imposed for general governmental purposes, the proceeds of which are deposited into the General Fund. A majority vote of the electorate is required to impose, extend or increase any general tax. A special tax is a tax that is collected and earmarked for a specific purpose and deposited either into a separate account or the General Fund. A two-thirds vote of the electorate is required to impose, extend or increase any special tax. 1. Property Tax a. Split Roll for Property Tax State Proposition 15, also referred to as the Split Roll Tax, was a proposition on the November 3, 2020 ballot in California that sought to remove Proposition 13 tax protections from commercial properties. For properties valued at $5 million or more, an additional 1.2 percent “surcharge” each year would be added onto the regular property tax. Status: The vote was 51.97 percent no, 48.03 percent yes. This item was on the study session list as an educational item if the measure passed. Another split roll proposal, different from the previous one, was submitted to the Attorney General in October 2021 and will be tracked for qualifying. b. Parcel Tax A special tax on parcels of property generally based on either a flat per-parcel rate or a variable rate depending on the size, use and/or number of units on the parcel. Voter approval of 2/3 is required. Status: This is an informational item only. Parcel taxes are not as common as other locally imposed taxes for cities. The tax is the primary method of collecting additional operating revenue for schools and special districts who do have not the ability to seek general taxes. 2. Sales Tax a. Pursue Sales Tax at the Former Land Rover Site Staff, with assistance from the City Attorney’s Office, developed a sales tax sharing agreement between Hermosa Beach and Redondo Beach to share sales tax generated by the Mitsubishi dealership according to the percent of land for the dealership in each city, which is 47 percent for Hermosa Beach and 53 percent for Redondo Beach. A three-party agreement including the dealership was also developed for the dealership’s reporting of the tax to the State. Concurrence from the state was sought since an agreement of this type had not been implemented since the 70’s. Status: Complete. The City Council approved the agreements on January 26, 2021. 25 b. District Tax (Transaction and Use Taxes) District taxes are not the same as the local sales tax imposed under the Bradley- Burns Uniform Local Sales and Use Tax Law. District taxes are separate voter- approved transaction and use taxes imposed by certain cities, counties and other local jurisdictions on the purchase and use of tangible personal property (merchandise). For example, the tax applies to purchases of automobiles registered in the district and to merchandise shipped into the district rather than sales made within the district. The maximum combined rate within any county may not exceed 2 percent unless specifically authorized by statute. Local taxes are imposed in every city and county in California at a uniform rate of 1.25 percent. Metropolitan Transportation Authority obtained authorization to raise the limit to 3 percent therefore a district tax rate of .75 percent could be imposed for Hermosa Beach. This tax is in addition to the 1 percent sales tax already received by the City. In Los Angeles County, 56 out of 88 cities have a district tax. A 2/3 vote (four out of five) by City Council is required to place the measure on the ballot; a majority of voters is required for passage of a district tax. A general tax election must be consolidated with a regularly scheduled general purpose election of City Councilmembers unless an emergency is declared by unanimous vote of the Council. Status: City Council may consider this item for placement on the November 2022 election. If 2/3 of the City Council concurs, the item will be brought back at a future City Council meeting. 3. Utility User Tax (UUT) a. Explore Options to Address Erosion of UUT The City’s contract with Avenu, the consultant who monitors utility tax revenue, allows for city specific audits. The City Manager gave approval in September 2021 to move forward with audits of streaming providers Disney+, Hulu, ESPN, Netflix and Amazon Prime Video in order to apply the UUT to these services. Status: In Progress. Meetings between Avenu and the streaming providers continue. Fran Mancia, Vice President of Government Relations with Avenu provided the following update: • Netflix changed representatives and we have a meeting next week (March 2nd). No legal qualms this far. Just delays. We expect resolution this calendar year. • Amazon is not disputing local Utility User Taxes owed. However, they are carefully reviewing each local jurisdictions ordinances and looking for technicalities to ensure all of city contracts with outside consulting and auditing firm are valid and that they still meet requirements for validity. No legal arguments in dispute. 26 • Disney received the information request and seems to be cooperative but is asking for more time to gather documents. 4. Transient Occupancy Tax (TOT) a. Increase the TOT Tax Status: Complete. Voters approved the TOT increase from 12 percent to 14 percent 1/5/2019 to be effective January 1, 2020. b. TOT Audits Status: Complete. The last audit was in 2018. The audit will be budgeted for 2022-23 as 5 years is the typical timeframe for these audits. c. Short Term Vacation Rentals for Commercial Zone Status: Complete. Five commercial properties are approved at this time and paying TOT. 5. Consider a Cannabis Tax Status: In Progress. In view of the signature gathering that is underway to place a measure on the November 2022 ballot an advisory group was created to provide a recommendation to City Council in April. 6. Business License Tax Consider an Increase or Changes to the Business License Tax The business license tax was last increased on the ballot measure of November 8, 2011. A Business License Tax Review Committee developed the proposal after a lengthy process with meetings from December 2011 through July 2011 . Status: If a change or increase in the business license tax is desired, staff recommends the city consider hiring a consultant to assess the composition of city businesses and provide options. B. USE OF PROPERTY AND USER FEES 1. Parking Revenue Status: In progress. A Parking Study Session was conducted 1/31/22. A public hearing will be scheduled in July/August to consider the following items. a. Parking Meter Rates b. Mobile App Status: Mobile app proposals are in review and a provider will be selected prior to the public hearing c. Parking Citations Fines d. Parking Permit Rates, Residential and Lots, Employee Permits e. Other Parking Permits, Contractor, Driveway f. Electric Vehicle Charging Fee/ Free Parking at Meters 27 2. Encroachments a. Resume Permanent Outdoor Encroachment Fees Status: In Progress. Existing fees reinstated effective March 1, 2022 b. Increase Permanent Outdoor Encroachment Fees If City Council wants to consider rate increases, Staff would recommend acquiring a new market study. c. Set Fee for Temporary Outdoor Encroachments Status: In Progress. Fee of $1.50/square foot implemented March 1, 2022 for added permanent outdoor dining and previously temporary outdoor dining encroachments. 3. Other Property-Related a. Increase Storage Property Lease Status: Compete. A new lease rate of $20,000/month was negotiated to be effective July 2021. A CPI clause was implemented, resulting in a current rate of $20,600/month, an increase of $67,200 from the prior rate of $15,000/month. b. Increase Residential Encroachment Permit Fee Residential encroachment permit fees are charged when a property owner wants to have non-permanent improvements on a portion of City property adjacent to their property. The fees cover the staff time to process the permit. The current fee for this item is $1,437.01. The Residential Encroachment Fee is a one-time fee that stays with the property until change of ownership or the permit is revoked. The cost of the permit is the same whether it is a permit to install irrigation in the parkway or to use excess Right-of-Way (ROW) for private use in the rear or front of a property. Status: Public Works is proposing to engage consulting services to assess the residential encroachment permit process. The assessment would include the feasibility study to separate the permits in different categories (i.e. Parkway irrigation, use of excess ROW citywide excluding the coastal zone, coastal zone (The Strand)), and study the possibility of changing the fee from a one-time fee to an annual fee, depending on the permit category. Currently, Coastal Commission is not permitting the City to issue residential encroachment permits at The Stand because they state that the fee charged should be related to the cost of the land, and the fees collected in the coastal zone (in particular The Strand) need to be used exclusively to maintain, improve and provide coastal access. The analysis of land valuation will also be in the scope of the feasibility study. This process would also require possible modifications to the Municipal Code. c. Apply CPI for Annual Sewer Charge The sewer fee which was initiated in 2015 included Consumer Price Index (CPI) increases not to exceed 2 percent per year. As per the originating sewer charge resolution, annual increases can only be authorized for a five-year period. Due to 28 the pandemic, staff did not move forward with reinstating the five-year term for applying the CPI to the fee in FY 2021–22 Status: In Progress. Public Works is engaging an assessment engineer to prepare a preliminary evaluation which would go to Council in April. The process would then require notifying each property owner in writing a minimum 45 days in advance of a protest hearing which would occur in June. The City would be required to adopt an ordinance at that time in order to place the sewer service charge on the annual County of Los Angeles Tax Roll by July. d. Enhance Clark Building as a Revenue Generator Status: Final plans for Clark Building Improvements were approved by City Council on January 25, 2022. Staff will develop activities and fees based on the planned newly remodeled facility. e. Re-evaluate the Lighting Landscaping Fund The Fund has had a deficit of $229,790 for 2021–22, $291,002 for 2020–21, $175,932 for 2019–2020, $210,000 for 2018–2019 $87,000 for 2017–18 and $178,000 2016–17. There was a protest vote against an additional assessment of $165,000 on July 25, 2006. The measure failed 52 percent to 48 percent. Status: In progress. Public Works engaged the assessment engineer to provide a feasibility study for creating a second district to cure the deficit and provide other options to consider. The laws have changed since creation of the original district so a second district will be recommended for any increase. The report will be available in April. Creating a new district would require a mailed ballot to each property owner in the district. f. Implementation of a Storm Water Fee Storm water costs are currently funded by a transfer of $700,000 in utility user tax revenue from the General Fund and revenue of approximately $157,000 in Measure W funds. Status: Public Works and the Environmental Programs Manager will undertake a review of the costs and viability of a fee in the future. g. Possibility of More Undersea Cables City Council inquired about this previously. In checking with our contact the following was provided: • Cable 3 (SX-NEXT) has landed but is still in the installation phase to Australia. The current expected System Operation Date is May 2022. • Cable 4 (HKA). This has been significantly delayed due to US/China disputes. Best estimate at this point would be a System Operational Date in 2024. • Other cables? 6th Street or 10th Street: We have recently received additional inquires for capacity into Hermosa Beach. While nothing is certain or even probable, cable owners are expressing interest in additional facilities into Hermosa Beach. Competing for a landing there would be the facilities 29 installed at Dockweiler State Beach (El Segundo). There are two landing pipes available there. Also, Grover Beach is a point of interest for these same cables. h. Park Recreation In-Lieu Fee This fee is an impact fee intended to provide funds to cover the cost for acquiring open space property as subdivision condition of approval per Chapter 16.12 of the Municipal Code. The developer has the choice of paying the fee or dedicating land in an amount equal to the average estimated fair market value of land. Dedication of land in Hermosa Beach in impractical since the city is virtually built out. The fee was last updated in 2007 based on an independent appraisal. The code requires an independent appraisal of open space zoned property in the city in order to set the fee. Status: Staff will look into getting an appraisal in order to make a recommendation. i. User Fee Study (Service Charges) The City conducts a User Fee Study every five years to recalculate fees to recover the cost of services, as required by Proposition 218. At that time, departments will also recommend inclusion of any new fees. The last study was conducted in 2016. Status: The study is included in the 2021–2022 budget. j. Fee Waivers Status: Complete. A Special Event Fee Waiver Policy was implemented on October 10, 2019. k. Create a Municipal Lease Policy The Community Resources Department and the Parks, Recreation and Community Resources Advisory Commission’s Municipal Lease Policy Subcommittee have been working on the creation of a Municipal Lease Policy, which focuses on 10 City facilities that are currently leased to seven (7) non-profit or Hermosa Beach-based organizations. Staff and the Subcommittee received input from both the Commission and City Council in 2019 to form the current draft of the policy. In January 2020, a Market Rate Study was completed to assist with establishing lease rates for all 10 facilities and several additional facilities that may be subject to a lease agreement in the future. Status: Staff will re-engage the subcommittee to develop next steps and a timeline and to begin additional outreach with the lessees to present a final draft of the Municipal Lease Policy for City Council review and approval. 30 C. OTHER FUNDING SOURCES 1. Settlement Bond Refunding Status: Complete. The 2015 Lease Revenue Bonds were refunded in October 2020 which saved almost $1,000,000 over the life of the bonds. The principal and interest payments are made from the General Fund. 2. Formation of the Economic Development Committee The Economic Development Committee’s first meeting was held on June, 2020 is comprised of two Councilmembers and two Planning Commissioners. It has been established to provide leadership and to advise the City Council and Planning Commission to ensure the preservation and vitality of Hermosa Beach businesses for recovery and resilience after COVID-19 business disruption and to develop longer term Economic Development goals and programs Status: The Economic Development Committee is near completion of an Economic Development Strategy to be considered for adoption by the City Council. 31 3. Business Improvement District (BID) Business improvement districts (BIDs) are quasi-public entities formed by businesses in a defined area where businesses agree through a formal vote to assess themselves to fund services and projects within the district’s boundaries that support and augment municipal services. BIDs typically fund services such as cleaning streets, providing security, making capital improvements, construction of pedestrian and streetscape enhancements, and marketing the area. The services provided by BIDs are supplemental to those already provided by the municipality. BIDs are established to provide services and are known to be key to promoting economic development within a designated district. Status: To be determined by the business community. The City is only able to serve in a supportive role in initiating BID formation process. The City has been willing to support this effort by allocating funds for a consultant firm to provide educational/informational sessions for the business community and to jump start the process toward BID formation should the businesses wish to proceed. 32 01/05/2022 CITY OF HERMOSA BEACH 1 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 General Fund001 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes 3101 Current Year Secured 16,525,157.00 0.00 0.00 16,525,157.00 0.00 3102 Current Year Unsecured 535,331.00 504,665.20 504,665.20 30,665.80 94.27 3103 Prior Year Collections 0.00 179,009.41 179,009.41 -179,009.41 0.00 3106 Supplemental Roll SB813 400,000.00 109,727.73 109,727.73 290,272.27 27.43 3107 Transfer Tax 346,860.00 412,528.37 412,528.37 -65,668.37 118.93 3108 Sales Tax 2,717,628.00 980,542.98 980,542.98 1,737,085.02 36.08 3109 1/2 Cent Sales Tx Ext 242,000.00 79,061.21 79,061.21 162,938.79 32.67 3110 Spectrum Cable TV Franchise 184,000.00 46,598.50 46,598.50 137,401.50 25.33 3111 Electric Franchise 81,421.00 0.00 0.00 81,421.00 0.00 3112 Gas Franchise 43,650.00 0.00 0.00 43,650.00 0.00 3113 Refuse Franchise 299,732.00 113,146.83 113,146.83 186,585.17 37.75 3114 Transient Occupancy Tax 1,928,358.00 1,700,574.30 1,700,574.30 227,783.70 88.19 3115 Business License 1,107,467.00 379,650.86 379,650.86 727,816.14 34.28 3120 Utility User Tax 2,093,903.00 856,198.56 856,198.56 1,237,704.44 40.89 3122 Property tax In-lieu of Veh Lic Fees 3,022,901.00 21,561.28 21,561.28 3,001,339.72 0.71 3123 Frontier Cable Franchise Fee 123,105.00 27,861.31 27,861.31 95,243.69 22.63 Total Taxes 18.25 29,651,513.00 5,411,126.54 5,411,126.54 24,240,386.46 3200 Licenses And Permits 3202 Dog Licenses 29,862.00 21,712.50 21,712.50 8,149.50 72.71 3204 Building Permits 556,948.00 290,610.12 290,610.12 266,337.88 52.18 3205 Electric Permits 72,000.00 43,513.00 43,513.00 28,487.00 60.43 1Page: Attachment 333 01/05/2022 CITY OF HERMOSA BEACH 2 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 General Fund001 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3206 Plumbing Permits 60,000.00 41,188.24 41,188.24 18,811.76 68.65 3207 Occupancy Permits 9,000.00 1,672.00 1,672.00 7,328.00 18.58 3208 Grease Trap Permits 2,380.00 1,259.00 1,259.00 1,121.00 52.90 3209 Garage Sales 84.00 70.00 70.00 14.00 83.33 3211 Banner Permits 56.00 799.57 799.57 -743.57 1427.80 3213 Animal Redemption Fee 162.00 54.00 54.00 108.00 33.33 3214 Amplified Sound Permit 0.00 3,487.00 3,487.00 -3,487.00 0.00 3215 Temporary Sign Permit 475.00 0.00 0.00 475.00 0.00 3217 Open Fire Permit 900.00 529.00 529.00 371.00 58.78 3219 Newsrack Permits 112.00 0.00 0.00 112.00 0.00 3226 Admin Permit - Limited Outdoor Seating 513.00 0.00 0.00 513.00 0.00 3227 Mechanical Permits 48,000.00 40,881.00 40,881.00 7,119.00 85.17 3228 Concealed Weapons Permit 100.00 0.00 0.00 100.00 0.00 3230 Temporary Minor Special Event Permit 2,595.00 519.00 519.00 2,076.00 20.00 3236 Drone Permit Fee 2,325.00 725.00 725.00 1,600.00 31.18 Total Licenses And Permits 56.91 785,512.00 447,019.43 447,019.43 338,492.57 3300 Fines & Forfeitures 3301 Municipal Court Fines 39,351.00 19,275.08 19,275.08 20,075.92 48.98 3302 Court Fines /Parking 1,821,205.00 705,835.85 705,835.85 1,115,369.15 38.76 3305 Administrative Fines 32,000.00 3,700.00 3,700.00 28,300.00 11.56 3306 Nuisance Abatement- Restrooms 13,750.00 900.00 900.00 12,850.00 6.55 Total Fines & Forfeitures 38.28 1,906,306.00 729,710.93 729,710.93 1,176,595.07 2Page: 34 01/05/2022 CITY OF HERMOSA BEACH 3 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 General Fund001 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 80,107.46 27,202.51 27,202.51 52,904.95 33.96 3404 Community Center Leases 25,401.16 1.00 1.00 25,400.16 0.00 3405 Community Center Rentals 194,700.00 87,201.50 87,201.50 107,498.50 44.79 3406 Community Center Theatre 100,000.00 13,733.00 13,733.00 86,267.00 13.73 3414 Fund Exchange 490,000.00 490,000.00 490,000.00 0.00 100.00 3418 Special Events 90,000.00 29,790.50 29,790.50 60,209.50 33.10 3422 Beach/Plaza Promotions 11,771.00 53,981.00 53,981.00 -42,210.00 458.59 3425 Ground Lease 56,401.00 23,500.20 23,500.20 32,900.80 41.67 3427 Cell Site License- Sprint 42,530.00 17,502.10 17,502.10 25,027.90 41.15 3428 Cell Site License - Verizon 35,775.00 14,758.50 14,758.50 21,016.50 41.25 3429 Inmate Phone Services 50.00 13.56 13.56 36.44 27.12 3431 Storage Facility Operating Lease 259,560.00 103,000.00 103,000.00 156,560.00 39.68 3432 Film Permits 83,500.00 16,800.00 16,800.00 66,700.00 20.12 3450 Investment Discount 92.00 451.38 451.38 -359.38 490.63 3475 Investment Premium 0.00 0.25 0.25 -0.25 0.00 Total Use Of Money & Property 59.73 1,469,887.62 877,935.50 877,935.50 591,952.12 3500 Intergovernmental/State 3507 Highway Maintenance 2,300.00 0.00 0.00 2,300.00 0.00 3508 Mandated Costs 4,858.00 4,858.00 4,858.00 0.00 100.00 3509 Homeowner Property Tax Relief 81,196.00 0.00 0.00 81,196.00 0.00 3510 POST 30,631.00 5,167.44 5,167.44 25,463.56 16.87 3Page: 35 01/05/2022 CITY OF HERMOSA BEACH 4 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 General Fund001 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3511 STC-Service Officer Training 7,500.00 1,170.00 1,170.00 6,330.00 15.60 3575 VLF Coll Excess of $14m-Rev code 11001.5 15,707.00 0.00 0.00 15,707.00 0.00 Total Intergovernmental/State 7.87 142,192.00 11,195.44 11,195.44 130,996.56 3800 Current Service Charges 3801 Residential Inspection 54,800.00 32,768.00 32,768.00 22,032.00 59.80 3802 Planning Sign Permit/Master Sign Program 4,970.00 6,639.55 6,639.55 -1,669.55 133.59 3804 General Plan Maintenance Fees 104,283.00 45,315.00 45,315.00 58,968.00 43.45 3805 Amendment to Planning Entitlement 26,802.00 0.00 0.00 26,802.00 0.00 3809 Tentative Map Review 19,516.00 9,758.00 9,758.00 9,758.00 50.00 3810 Final Map Review 2,924.00 1,462.00 1,462.00 1,462.00 50.00 3811 Zone Change 4,226.00 0.00 0.00 4,226.00 0.00 3812 Conditional Use Permit - Comm/Other 15,210.00 5,070.00 5,070.00 10,140.00 33.33 3813 Plan Check Fees 300,000.00 234,212.65 234,212.65 65,787.35 78.07 3815 Public Works Services 96,900.00 53,635.00 53,635.00 43,265.00 55.35 3816 Utility Trench Service Connect Permit 98,499.00 36,808.00 36,808.00 61,691.00 37.37 3817 Address Change Request Fee 4,035.00 2,259.00 2,259.00 1,776.00 55.99 3818 Police Services 3,000.00 551.00 551.00 2,449.00 18.37 3821 Daily Permit Lot A/Parking Structure 40,711.00 20,987.00 20,987.00 19,724.00 51.55 3823 Special Event Security/Police 0.00 10,521.84 10,521.84 -10,521.84 0.00 3824 500' Noticing 18,213.00 1,401.00 1,401.00 16,812.00 7.69 3825 Public Notice Posting 3,780.00 0.00 0.00 3,780.00 0.00 3827 Library Grounds Maintenance 10,065.00 0.00 0.00 10,065.00 0.00 3831 Non-Utility Street Excavation Permit 42,472.00 12,825.00 12,825.00 29,647.00 30.20 4Page: 36 01/05/2022 CITY OF HERMOSA BEACH 5 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 General Fund001 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3834 Encroachment Permit 54,800.00 18,888.84 18,888.84 35,911.16 34.47 3836 Refund Transaction Fee 1,000.00 2,820.00 2,820.00 -1,820.00 282.00 3837 Returned Check Charge 200.00 50.00 50.00 150.00 25.00 3838 Sale Of Maps/Publications 0.00 10.00 10.00 -10.00 0.00 3839 Photocopy Charges 300.00 150.00 150.00 150.00 50.00 3840 Ambulance Transport 575,000.00 290,628.23 290,628.23 284,371.77 50.54 3841 Police Towing 84,750.00 37,098.00 37,098.00 47,652.00 43.77 3842 Parking Meters 1,615,464.00 891,316.94 891,316.94 724,147.06 55.17 3843 Parking Permits-Annual 392,067.00 21,220.00 21,220.00 370,847.00 5.41 3844 Daily Parking Permits 2,174.00 1,085.00 1,085.00 1,089.00 49.91 3845 Lot A Revenue 410,408.00 216,623.00 216,623.00 193,785.00 52.78 3846 No Pier Pkg Structure Revenue 514,551.00 258,767.50 258,767.50 255,783.50 50.29 3848 Driveway Permits 3,500.00 2,118.00 2,118.00 1,382.00 60.51 3849 Guest Permits 500.00 387.00 387.00 113.00 77.40 3850 Contractors Permits 40,000.00 14,416.00 14,416.00 25,584.00 36.04 3852 Recreation Program Transaction Fee 47,000.00 21,715.50 21,715.50 25,284.50 46.20 3855 Bus Passes 0.00 168.00 168.00 -168.00 0.00 3856 500' - 2nd Noticing 1,674.00 0.00 0.00 1,674.00 0.00 3857 Parking Plan Application 9,356.00 0.00 0.00 9,356.00 0.00 3858 Monthly Permit Lot A/Parking Structure 85,700.00 39,680.00 39,680.00 46,020.00 46.30 3862 Alarm Permit Fee 5,250.00 1,386.00 1,386.00 3,864.00 26.40 3865 Lot B Revenue 74,517.00 45,985.75 45,985.75 28,531.25 61.71 3867 Precise Development Plans 16,068.00 0.00 0.00 16,068.00 0.00 3868 Public Noticing/300 Ft Radius 3,368.00 4,210.00 4,210.00 -842.00 125.00 5Page: 37 01/05/2022 CITY OF HERMOSA BEACH 6 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 General Fund001 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3877 Business License Registration 9,700.00 6,102.00 6,102.00 3,598.00 62.91 3879 Business License Renewal Fee 35,000.00 14,580.00 14,580.00 20,420.00 41.66 3881 Tobacco Retailer Renewal 4,296.00 0.00 0.00 4,296.00 0.00 3883 Final/Tentative Map Extension 2,056.00 2,056.00 2,056.00 0.00 100.00 3888 Slope/Grade Height Determination 8,844.00 0.00 0.00 8,844.00 0.00 3890 300 Ft Radius Noticing/Appeal to CC 251.00 0.00 0.00 251.00 0.00 3893 Contract Recreation Classes 448,000.00 223,781.80 223,781.80 224,218.20 49.95 3894 Other Recreation Programs 196,000.00 20,950.00 20,950.00 175,050.00 10.69 3895 Zoning Information Letters 402.00 0.00 0.00 402.00 0.00 3897 Admin Fee/TULIP Ins Certificate 1,300.00 425.60 425.60 874.40 32.74 3898 Height Limit Exception 0.00 4,104.00 4,104.00 -4,104.00 0.00 3899 Condo - CUP/PDP 21,060.00 21,060.00 21,060.00 0.00 100.00 Total Current Service Charges 47.80 5,514,962.00 2,635,996.20 2,635,996.20 2,878,965.80 3900 Other Revenue 3903 Contributions Non Govt 0.00 44,563.58 44,563.58 -44,563.58 0.00 3904 General Miscellaneous 0.00 982.72 982.72 -982.72 0.00 3907 Pkg Str Utility Reimb From Beach House 5,600.00 0.00 0.00 5,600.00 0.00 3908 Hermosa Sr Ctr Donations/Memberships 6,000.00 1,491.25 1,491.25 4,508.75 24.85 3938 Solid Waste Contract Admin Fee 0.00 19,431.96 19,431.96 -19,431.96 0.00 3955 Operating Transfers In 2,729,260.00 1,137,190.00 1,137,190.00 1,592,070.00 41.67 3960 Frontier PEG Grant-formerly Verizon 6,911.00 0.00 0.00 6,911.00 0.00 3968 Spectrum PEG Grant-formerly TWC 0.00 9,319.70 9,319.70 -9,319.70 0.00 Total Other Revenue 44.14 2,747,771.00 1,212,979.21 1,212,979.21 1,534,791.79 6Page: 38 01/05/2022 CITY OF HERMOSA BEACH 7 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 General Fund001 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 6800 Current Service Charges Continued 6801 Mural Review 968.00 484.00 484.00 484.00 50.00 6809 Categorical Exemption 4,095.00 1,170.00 1,170.00 2,925.00 28.57 6810 Deed Restriction/Covenant Review 13,585.00 4,290.00 4,290.00 9,295.00 31.58 6811 Landscape Plan Review 4,620.00 2,148.00 2,148.00 2,472.00 46.49 6813 Zoning Code Interpretation Review 1,350.00 405.00 405.00 945.00 30.00 6818 New/Modified Business Zoning Review 9,045.00 4,623.00 4,623.00 4,422.00 51.11 6821 Solar Plan Check/Inspection 2,107.00 3,010.00 3,010.00 -903.00 142.86 6822 Temporary Certificate of Occupancy 335.00 134.00 134.00 201.00 40.00 6825 Clean Bay Restaurant - NPDES Inspection 41,200.00 0.00 0.00 41,200.00 0.00 6828 Public Improvement Plan Check 51,000.00 27,993.00 27,993.00 23,007.00 54.89 6832 DUI Collision Response 1,039.00 0.00 0.00 1,039.00 0.00 6834 Citation Sign-off 250.00 250.00 250.00 0.00 100.00 6837 Deceased Animal Pickup 124.00 61.00 61.00 63.00 49.19 6839 Pet Home Quarantine Review 62.00 0.00 0.00 62.00 0.00 6840 Multiple Dog Review 464.00 116.00 116.00 348.00 25.00 6849 Traffic Plan Review 0.00 320.00 320.00 -320.00 0.00 6851 Bus. License State Mandated Fee (CASp) 8,500.00 4,168.00 4,168.00 4,332.00 49.04 6852 Tobacco Retailer Renewal 0.00 3,888.00 3,888.00 -3,888.00 0.00 6860 Refuse Lien Fees/Athens 336.00 176.10 176.10 159.90 52.41 6861 Oversized Vehicle Permit 765.00 495.00 495.00 270.00 64.71 6867 Credit Card Processing Fee 76,700.00 32,003.00 32,003.00 44,697.00 41.72 6871 Sewer Service Charge Rebate -9,700.00 -3,848.40 -3,848.40 -5,851.60 39.67 7Page: 39 01/05/2022 CITY OF HERMOSA BEACH 8 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 General Fund001 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 6873 Impound Fee- Bicycle, Scooters & Wheeled 0.00 141.00 141.00 -141.00 0.00 6875 Solid Waste Contract Reimbursement 300,000.00 0.00 0.00 300,000.00 0.00 6881 Public Tree Removal Permit 1,600.00 200.00 200.00 1,400.00 12.50 6883 Stort-term Vacation Rental Permit 13,337.00 8,780.00 8,780.00 4,557.00 65.83 6884 M-1 Limited Event Permit 520.00 0.00 0.00 520.00 0.00 6885 Temporary Outdoor Dining/Retail Permit 1,660.00 2,496.00 2,496.00 -836.00 150.36 6886 Minor Conditional Use Permit 2,207.00 0.00 0.00 2,207.00 0.00 6887 Minor Planning Sign Review 242.00 0.00 0.00 242.00 0.00 Total Current Service Charges Continued 17.76 526,411.00 93,502.70 93,502.70 432,908.30 31,325,088.67 11,419,465.95 11,419,465.95 42,744,554.62 26.72Total General Fund 8Page: 40 01/05/2022 CITY OF HERMOSA BEACH 9 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Lightg/Landscapg Dist Fund105 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes 3101 Current Year Secured 453,000.00 0.00 0.00 453,000.00 0.00 3103 Prior Year Collections 4,185.00 3,627.49 3,627.49 557.51 86.68 3105 Assessment Rebates -2,900.00 -516.80 -516.80 -2,383.20 17.82 Total Taxes 0.68 454,285.00 3,110.69 3,110.69 451,174.31 3400 Use Of Money & Property 3401 Interest Income 190.83 241.64 241.64 -50.81 126.63 3450 Investment Discount 0.00 4.01 4.01 -4.01 0.00 3475 Investment Premium 0.00 -0.04 -0.04 0.04 0.00 Total Use Of Money & Property 128.71 190.83 245.61 245.61 -54.78 3900 Other Revenue 3955 Operating Transfers In 229,790.00 95,745.00 95,745.00 134,045.00 41.67 Total Other Revenue 41.67 229,790.00 95,745.00 95,745.00 134,045.00 585,164.53 99,101.30 99,101.30 684,265.83 14.48Total Lightg/Landscapg Dist Fund 9Page: 41 01/05/2022 CITY OF HERMOSA BEACH 10 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 State Gas Tax Fund115 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 4,584.31 1,931.04 1,931.04 2,653.27 42.12 3450 Investment Discount 5.00 28.46 28.46 -23.46 569.20 3475 Investment Premium 0.00 -0.12 -0.12 0.12 0.00 Total Use Of Money & Property 42.69 4,589.31 1,959.38 1,959.38 2,629.93 3500 Intergovernmental/State 3501 Section 2106 Allocation 68,294.00 30,102.37 30,102.37 38,191.63 44.08 3502 Section 2107 Allocation 145,384.00 49,190.68 49,190.68 96,193.32 33.84 3503 Section 2107.5 Allocation 4,000.00 4,000.00 4,000.00 0.00 100.00 3512 Section 2105 (Prop 111) 114,244.00 48,392.75 48,392.75 65,851.25 42.36 3513 Sec 2103 Higher Mtr Veh Excise Tax(HUTA) 175,327.00 78,178.28 78,178.28 97,148.72 44.59 3567 Road Maintenance Rehab Account 387,903.00 102,084.90 102,084.90 285,818.10 26.32 Total Intergovernmental/State 34.85 895,152.00 311,948.98 311,948.98 583,203.02 585,832.95 313,908.36 313,908.36 899,741.31 34.89Total State Gas Tax Fund 10Page: 42 01/05/2022 CITY OF HERMOSA BEACH 11 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 AB939 Fund117 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 1,197.38 475.60 475.60 721.78 39.72 3450 Investment Discount 1.00 6.72 6.72 -5.72 672.00 3475 Investment Premium 0.00 0.01 0.01 -0.01 0.00 Total Use Of Money & Property 40.25 1,198.38 482.33 482.33 716.05 3800 Current Service Charges 3860 AB939 Surcharge 63,060.00 22,346.47 22,346.47 40,713.53 35.44 Total Current Service Charges 35.44 63,060.00 22,346.47 22,346.47 40,713.53 3900 Other Revenue Total Other Revenue 0.00 0.00 0.00 0.00 0.00 6800 Current Service Charges Continued Total Current Service Charges Continued 0.00 0.00 0.00 0.00 0.00 41,429.58 22,828.80 22,828.80 64,258.38 35.53Total AB939 Fund 11Page: 43 01/05/2022 CITY OF HERMOSA BEACH 12 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Prop A Open Space Fund121 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3600 Intergovernmental/County 0.00 0.00 0.00 0.00 0.00Total Prop A Open Space Fund 12Page: 44 01/05/2022 CITY OF HERMOSA BEACH 13 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Tyco Fund122 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 13,250.38 4,704.51 4,704.51 8,545.87 35.50 3426 Easement Agreement 337,932.00 168,966.00 168,966.00 168,966.00 50.00 3450 Investment Discount 15.00 67.14 67.14 -52.14 447.60 3475 Investment Premium 0.00 0.11 0.11 -0.11 0.00 177,459.62 173,737.76 173,737.76 351,197.38 49.47Total Tyco Fund 13Page: 45 01/05/2022 CITY OF HERMOSA BEACH 14 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Park/Rec Facility Tax Fund125 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes Total Taxes 0.00 0.00 0.00 0.00 0.00 3400 Use Of Money & Property 3401 Interest Income 3,477.44 1,188.00 1,188.00 2,289.44 34.16 3450 Investment Discount 4.00 16.85 16.85 -12.85 421.25 3475 Investment Premium 0.00 0.02 0.02 -0.02 0.00 Total Use Of Money & Property 34.61 3,481.44 1,204.87 1,204.87 2,276.57 3900 Other Revenue 3910 Park/Recreation In Lieu Fee 78,616.00 32,678.00 32,678.00 45,938.00 41.57 Total Other Revenue 41.57 78,616.00 32,678.00 32,678.00 45,938.00 48,214.57 33,882.87 33,882.87 82,097.44 41.27Total Park/Rec Facility Tax Fund 14Page: 46 01/05/2022 CITY OF HERMOSA BEACH 15 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Bayview Dr Dist Admin Exp Fund135 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 45.00 9.37 9.37 35.63 20.82 3450 Investment Discount 0.00 0.12 0.12 -0.12 0.00 Total Use Of Money & Property 21.09 45.00 9.49 9.49 35.51 3900 Other Revenue 3925 Spec Assessment Admin Fees 4,950.00 0.00 0.00 4,950.00 0.00 Total Other Revenue 0.00 4,950.00 0.00 0.00 4,950.00 4,985.51 9.49 9.49 4,995.00 0.19Total Bayview Dr Dist Admin Exp Fund 15Page: 47 01/05/2022 CITY OF HERMOSA BEACH 16 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Loma Dist Admin Exp Fund138 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 1.98 0.08 0.08 1.90 4.04 Total Use Of Money & Property 4.04 1.98 0.08 0.08 1.90 3900 Other Revenue Total Other Revenue 0.00 0.00 0.00 0.00 0.00 1.90 0.08 0.08 1.98 4.04Total Loma Dist Admin Exp Fund 16Page: 48 01/05/2022 CITY OF HERMOSA BEACH 17 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Beach Dr Assmnt Dist Admin Exp Fund139 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 37.75 7.41 7.41 30.34 19.63 3450 Investment Discount 0.00 0.09 0.09 -0.09 0.00 Total Use Of Money & Property 19.87 37.75 7.50 7.50 30.25 3900 Other Revenue 3925 Special Assessment Admin Fees 3,850.00 0.00 0.00 3,850.00 0.00 Total Other Revenue 0.00 3,850.00 0.00 0.00 3,850.00 3,880.25 7.50 7.50 3,887.75 0.19Total Beach Dr Assmnt Dist Admin Exp Fund 17Page: 49 01/05/2022 CITY OF HERMOSA BEACH 18 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Community Dev Block Grant140 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3700 Intergovernmental/Federal 0.00 0.00 0.00 0.00 0.00Total Community Dev Block Grant 18Page: 50 01/05/2022 CITY OF HERMOSA BEACH 19 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Proposition A Fund145 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes 3117 Proposition A Transit 396,095.00 202,993.12 202,993.12 193,101.88 51.25 Total Taxes 51.25 396,095.00 202,993.12 202,993.12 193,101.88 3400 Use Of Money & Property 3401 Interest Income 4,758.00 644.25 644.25 4,113.75 13.54 3450 Investment Discount 5.00 11.01 11.01 -6.01 220.20 3475 Investment Premium 0.00 0.05 0.05 -0.05 0.00 Total Use Of Money & Property 13.76 4,763.00 655.31 655.31 4,107.69 3800 Current Service Charges 3853 Dial-A-Taxi Program 1,110.00 7.00 7.00 1,103.00 0.63 Total Current Service Charges 0.63 1,110.00 7.00 7.00 1,103.00 198,312.57 203,655.43 203,655.43 401,968.00 50.66Total Proposition A Fund 19Page: 51 01/05/2022 CITY OF HERMOSA BEACH 20 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Proposition C Fund146 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes 3118 Proposition C Local Return 328,550.00 168,380.23 168,380.23 160,169.77 51.25 Total Taxes 51.25 328,550.00 168,380.23 168,380.23 160,169.77 3400 Use Of Money & Property 3401 Interest Income 10,517.15 3,879.10 3,879.10 6,638.05 36.88 3450 Investment Discount 12.00 54.96 54.96 -42.96 458.00 3475 Investment Premium 0.00 0.09 0.09 -0.09 0.00 Total Use Of Money & Property 37.36 10,529.15 3,934.15 3,934.15 6,595.00 166,764.77 172,314.38 172,314.38 339,079.15 50.82Total Proposition C Fund 20Page: 52 01/05/2022 CITY OF HERMOSA BEACH 21 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Measure R Fund147 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes 3119 Measure R Local Return Funds 246,413.00 126,298.39 126,298.39 120,114.61 51.25 Total Taxes 51.25 246,413.00 126,298.39 126,298.39 120,114.61 3400 Use Of Money & Property 3401 Interest Income 3,422.13 1,656.35 1,656.35 1,765.78 48.40 3450 Investment Discount 4.00 22.42 22.42 -18.42 560.50 3475 Investment Premium 0.00 0.05 0.05 -0.05 0.00 Total Use Of Money & Property 49.00 3,426.13 1,678.82 1,678.82 1,747.31 3900 Other Revenue Total Other Revenue 0.00 0.00 0.00 0.00 0.00 121,861.92 127,977.21 127,977.21 249,839.13 51.22Total Measure R Fund 21Page: 53 01/05/2022 CITY OF HERMOSA BEACH 22 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Measure M148 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes 3131 Measure M Local Return Funds 279,268.00 142,798.22 142,798.22 136,469.78 51.13 Total Taxes 51.13 279,268.00 142,798.22 142,798.22 136,469.78 3400 Use Of Money & Property 3401 Interest Income 1,544.05 1,194.30 1,194.30 349.75 77.35 3450 Investment Discount 2.00 16.51 16.51 -14.51 825.50 Total Use Of Money & Property 78.32 1,546.05 1,210.81 1,210.81 335.24 136,805.02 144,009.03 144,009.03 280,814.05 51.28Total Measure M 22Page: 54 01/05/2022 CITY OF HERMOSA BEACH 23 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Measure W Fund149 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes 3132 Measure W Local Returns 157,164.00 0.00 0.00 157,164.00 0.00 Total Taxes 0.00 157,164.00 0.00 0.00 157,164.00 3400 Use Of Money & Property 3401 Interest Income 29.10 50.05 50.05 -20.95 171.99 3450 Investment Discount 0.00 0.78 0.78 -0.78 0.00 Total Use Of Money & Property 174.67 29.10 50.83 50.83 -21.73 157,142.27 50.83 50.83 157,193.10 0.03Total Measure W Fund 23Page: 55 01/05/2022 CITY OF HERMOSA BEACH 24 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Grants Fund150 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3500 Intergovernmental/State 3558 Beverage Recycling Grant 5,300.00 0.00 0.00 5,300.00 0.00 3562 State Homeland Security Grant Program 51,787.62 0.00 0.00 51,787.62 0.00 3590 SB 2 Zoning Ord Update Grant 250,516.00 0.00 0.00 250,516.00 0.00 3591 Local Early Action Planning 16,370.00 0.00 0.00 16,370.00 0.00 Total Intergovernmental/State 0.00 323,973.62 0.00 0.00 323,973.62 3700 Intergovernmental/Federal 3736 Bulletproof Vest Partnership 2,108.00 0.00 0.00 2,108.00 0.00 3757 *** Title Not Found *** 3,525.00 0.00 0.00 3,525.00 0.00 3758 *** Title Not Found *** 187,500.00 0.00 0.00 187,500.00 0.00 3759 *** Title Not Found *** 87,338.00 0.00 0.00 87,338.00 0.00 Total Intergovernmental/Federal 0.00 280,471.00 0.00 0.00 280,471.00 3900 Other Revenue 3968 West Basin Grant- Water Filling Stations 0.00 2,000.00 2,000.00 -2,000.00 0.00 3986 Caltrans Adaptation Planning Grant 0.00 64,007.80 64,007.80 -64,007.80 0.00 Total Other Revenue 0.00 0.00 66,007.80 66,007.80 -66,007.80 538,436.82 66,007.80 66,007.80 604,444.62 10.92Total Grants Fund 24Page: 56 01/05/2022 CITY OF HERMOSA BEACH 25 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Air Quality Mgmt Dist Fund152 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 537.90 180.60 180.60 357.30 33.58 3450 Investment Discount 0.00 2.59 2.59 -2.59 0.00 Total Use Of Money & Property 34.06 537.90 183.19 183.19 354.71 3500 Intergovernmental/State 3538 AQMD Emission Control AB2766 25,000.00 0.00 0.00 25,000.00 0.00 Total Intergovernmental/State 0.00 25,000.00 0.00 0.00 25,000.00 25,354.71 183.19 183.19 25,537.90 0.72Total Air Quality Mgmt Dist Fund 25Page: 57 01/05/2022 CITY OF HERMOSA BEACH 26 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Supp Law Enf Serv Fund (SLESF)153 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes 3135 C.O.P.S. Allocation 100,000.00 74,262.08 74,262.08 25,737.92 74.26 Total Taxes 74.26 100,000.00 74,262.08 74,262.08 25,737.92 3400 Use Of Money & Property 3401 Interest Income 3,325.23 920.98 920.98 2,404.25 27.70 3450 Investment Discount 4.00 13.05 13.05 -9.05 326.25 3475 Investment Premium 0.00 0.05 0.05 -0.05 0.00 Total Use Of Money & Property 28.06 3,329.23 934.08 934.08 2,395.15 28,133.07 75,196.16 75,196.16 103,329.23 72.77Total Supp Law Enf Serv Fund (SLESF) 26Page: 58 01/05/2022 CITY OF HERMOSA BEACH 27 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 FEMA/Cal OES157 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3500 Intergovernmental/State Total Intergovernmental/State 0.00 0.00 0.00 0.00 0.00 3700 Intergovernmental/Federal Total Intergovernmental/Federal 0.00 0.00 0.00 0.00 0.00 3900 Other Revenue 0.00 0.00 0.00 0.00 0.00Total FEMA/Cal OES 27Page: 59 01/05/2022 CITY OF HERMOSA BEACH 28 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 CARES Act158 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3500 Intergovernmental/State Total Intergovernmental/State 0.00 0.00 0.00 0.00 0.00 3700 Intergovernmental/Federal Total Intergovernmental/Federal 0.00 0.00 0.00 0.00 0.00 3900 Other Revenue 0.00 0.00 0.00 0.00 0.00Total CARES Act 28Page: 60 01/05/2022 CITY OF HERMOSA BEACH 29 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 American Rescue Plan Act (ARPA)159 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3700 Intergovernmental/Federal 3761 American Rescue Plan Act Allocation 0.00 2,310,877.00 2,310,877.00 -2,310,877.00 0.00 -2,310,877.00 2,310,877.00 2,310,877.00 0.00 0.00Total American Rescue Plan Act (ARPA) 29Page: 61 01/05/2022 CITY OF HERMOSA BEACH 30 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Sewer Fund160 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 46,767.50 7,307.43 7,307.43 39,460.07 15.63 3450 Investment Discount 54.00 105.76 105.76 -51.76 195.85 3475 Investment Premium 0.00 0.10 0.10 -0.10 0.00 Total Use Of Money & Property 15.83 46,821.50 7,413.29 7,413.29 39,408.21 3500 Intergovernmental/State 3550 CA Waste Oil Recycling Grant 5,475.00 0.00 0.00 5,475.00 0.00 Total Intergovernmental/State 0.00 5,475.00 0.00 0.00 5,475.00 3600 Intergovernmental/County 3602 Beach Outlet Maintenance 8,000.00 0.00 0.00 8,000.00 0.00 Total Intergovernmental/County 0.00 8,000.00 0.00 0.00 8,000.00 3800 Current Service Charges 3828 Sewer Connection Fee 24,000.00 3,612.41 3,612.41 20,387.59 15.05 3829 Sewer Demolition Fee 2,302.00 945.00 945.00 1,357.00 41.05 3832 Sewer Lateral Installation 15,413.00 8,372.00 8,372.00 7,041.00 54.32 Total Current Service Charges 30.99 41,715.00 12,929.41 12,929.41 28,785.59 3900 Other Revenue Total Other Revenue 0.00 0.00 0.00 0.00 0.00 6800 Current Service Charges Continued 30Page: 62 01/05/2022 CITY OF HERMOSA BEACH 31 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Sewer Fund160 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 6861 Sewer Service Charge 1,078,142.00 8,463.59 8,463.59 1,069,678.41 0.79 Total Current Service Charges Continued 0.79 1,078,142.00 8,463.59 8,463.59 1,069,678.41 1,151,347.21 28,806.29 28,806.29 1,180,153.50 2.44Total Sewer Fund 31Page: 63 01/05/2022 CITY OF HERMOSA BEACH 32 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Storm Drains Fund161 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 17,135.75 7,065.78 7,065.78 10,069.97 41.23 3450 Investment Discount 20.00 0.00 0.00 20.00 0.00 Total Use Of Money & Property 41.19 17,155.75 7,065.78 7,065.78 10,089.97 3900 Other Revenue 3955 Operating Transfers In 700,000.00 291,685.00 291,685.00 408,315.00 41.67 Total Other Revenue 41.67 700,000.00 291,685.00 291,685.00 408,315.00 418,404.97 298,750.78 298,750.78 717,155.75 41.66Total Storm Drains Fund 32Page: 64 01/05/2022 CITY OF HERMOSA BEACH 33 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Asset Seizure/Forft Fund170 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3300 Fines & Forfeitures Total Fines & Forfeitures 0.00 0.00 0.00 0.00 0.00 3400 Use Of Money & Property 3401 Interest Income 5,867.72 1,599.27 1,599.27 4,268.45 27.26 3450 Investment Discount 7.00 23.02 23.02 -16.02 328.86 3475 Investment Premium 0.00 0.02 0.02 -0.02 0.00 Total Use Of Money & Property 27.62 5,874.72 1,622.31 1,622.31 4,252.41 3900 Other Revenue Total Other Revenue 0.00 0.00 0.00 0.00 0.00 4,252.41 1,622.31 1,622.31 5,874.72 27.62Total Asset Seizure/Forft Fund 33Page: 65 01/05/2022 CITY OF HERMOSA BEACH 34 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Fire Protection Fund180 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 0.00 45.16 45.16 -45.16 0.00 3450 Investment Discount 0.00 0.73 0.73 -0.73 0.00 Total Use Of Money & Property 0.00 0.00 45.89 45.89 -45.89 3900 Other Revenue 3912 Fire Flow Fee 34,814.00 3,914.16 3,914.16 30,899.84 11.24 Total Other Revenue 11.24 34,814.00 3,914.16 3,914.16 30,899.84 30,853.95 3,960.05 3,960.05 34,814.00 11.37Total Fire Protection Fund 34Page: 66 01/05/2022 CITY OF HERMOSA BEACH 35 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 RTI Undersea Cable190 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 5,630.00 2,087.12 2,087.12 3,542.88 37.07 3426 Easement Agreement-Longfellow 90,000.00 45,000.00 45,000.00 45,000.00 50.00 3427 Easement Cable 2-Longfellow 72,000.00 25,200.00 25,200.00 46,800.00 35.00 3428 Easement Cable 3-25th St 253,000.00 0.00 0.00 253,000.00 0.00 3450 Investment Discount 6.00 30.34 30.34 -24.34 505.67 348,318.54 72,317.46 72,317.46 420,636.00 17.19Total RTI Undersea Cable 35Page: 67 01/05/2022 CITY OF HERMOSA BEACH 36 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 RTI Tidelands191 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 3,132.22 1,135.74 1,135.74 1,996.48 36.26 3426 Easement Agreement 184,000.00 0.00 0.00 184,000.00 0.00 3450 Investment Discount 4.00 16.12 16.12 -12.12 403.00 185,984.36 1,151.86 1,151.86 187,136.22 0.62Total RTI Tidelands 36Page: 68 01/05/2022 CITY OF HERMOSA BEACH 37 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 2015 Lease Revenue Bonds201 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3900 Other Revenue 3955 Operating Transfers In 661,345.00 0.00 0.00 661,345.00 0.00 661,345.00 0.00 0.00 661,345.00 0.00Total 2015 Lease Revenue Bonds 37Page: 69 01/05/2022 CITY OF HERMOSA BEACH 38 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Capital Improvement Fund301 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 92,123.52 21,875.32 21,875.32 70,248.20 23.75 3450 Investment Discount 106.00 312.68 312.68 -206.68 294.98 3475 Investment Premium 0.00 0.49 0.49 -0.49 0.00 Total Use Of Money & Property 24.06 92,229.52 22,188.49 22,188.49 70,041.03 3900 Other Revenue 3913 In-Lieu Fee/Street Pavement 0.00 2,544.47 2,544.47 -2,544.47 0.00 3955 Operating Transfers In 1,772,773.00 738,655.00 738,655.00 1,034,118.00 41.67 Total Other Revenue 41.81 1,772,773.00 741,199.47 741,199.47 1,031,573.53 1,101,614.56 763,387.96 763,387.96 1,865,002.52 40.93Total Capital Improvement Fund 38Page: 70 01/05/2022 CITY OF HERMOSA BEACH 39 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Greenwich Village N Utility Undergrnd Im313 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3900 Other Revenue 0.00 0.00 0.00 0.00 0.00Total Greenwich Village N Utility Undergrnd Im 39Page: 71 01/05/2022 CITY OF HERMOSA BEACH 40 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Bayview Dr Redemption Fund 2004-2609 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 945.90 180.94 180.94 764.96 19.13 3450 Investment Discount 2.00 0.00 0.00 2.00 0.00 766.96 180.94 180.94 947.90 19.09Total Bayview Dr Redemption Fund 2004-2 40Page: 72 01/05/2022 CITY OF HERMOSA BEACH 41 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Lwr Pier Dist Redemption Fund610 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 29.81 7.97 7.97 21.84 26.74 3450 Investment Discount 0.00 0.08 0.08 -0.08 0.00 21.76 8.05 8.05 29.81 27.00Total Lwr Pier Dist Redemption Fund 41Page: 73 01/05/2022 CITY OF HERMOSA BEACH 42 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Beach Dr Assessment Dist Redemption Fund611 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 519.36 72.34 72.34 447.02 13.93 447.02 72.34 72.34 519.36 13.93Total Beach Dr Assessment Dist Redemption Fund 42Page: 74 01/05/2022 CITY OF HERMOSA BEACH 43 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Beach Dr Assessment Dist Reserve Fund612 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 43.79 11.69 11.69 32.10 26.70 3450 Investment Discount 0.00 0.14 0.14 -0.14 0.00 31.96 11.83 11.83 43.79 27.02Total Beach Dr Assessment Dist Reserve Fund 43Page: 75 01/05/2022 CITY OF HERMOSA BEACH 44 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Myrtle Ave Assessment Fund617 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 0.00 167.05 167.05 -167.05 0.00 -167.05 167.05 167.05 0.00 0.00Total Myrtle Ave Assessment Fund 44Page: 76 01/05/2022 CITY OF HERMOSA BEACH 45 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Loma Drive Assessment Fund618 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 0.00 0.00 0.00 0.00 0.00Total Loma Drive Assessment Fund 45Page: 77 01/05/2022 CITY OF HERMOSA BEACH 46 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Bayview Dr Reserve Fund 2004-2619 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 143.78 38.34 38.34 105.44 26.67 105.44 38.34 38.34 143.78 26.67Total Bayview Dr Reserve Fund 2004-2 46Page: 78 01/05/2022 CITY OF HERMOSA BEACH 47 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Insurance Fund705 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3800 Current Service Charges 3880 Insurance Service Charges 2,911,245.00 1,218,460.00 1,218,460.00 1,692,785.00 41.85 Total Current Service Charges 41.85 2,911,245.00 1,218,460.00 1,218,460.00 1,692,785.00 3900 Other Revenue Total Other Revenue 0.00 0.00 0.00 0.00 0.00 1,692,785.00 1,218,460.00 1,218,460.00 2,911,245.00 41.85Total Insurance Fund 47Page: 79 01/05/2022 CITY OF HERMOSA BEACH 48 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Equipment Replacement Fund715 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3800 Current Service Charges 3822 Building Maintenance Service Charges 101,556.00 42,315.00 42,315.00 59,241.00 41.67 3885 Comm Equip/Business Mach Charges 1,053,479.00 438,955.00 438,955.00 614,524.00 41.67 3889 Vehicle/Equip Replacement Charges 899,264.00 390,590.00 390,590.00 508,674.00 43.43 Total Current Service Charges 42.44 2,054,299.00 871,860.00 871,860.00 1,182,439.00 3900 Other Revenue 3901 Sale of Real/Personal Property 0.00 1,646.00 1,646.00 -1,646.00 0.00 Total Other Revenue 0.00 0.00 1,646.00 1,646.00 -1,646.00 6800 Current Service Charges Continued 6866 Records Technology Fee 79,358.00 51,703.17 51,703.17 27,654.83 65.15 Total Current Service Charges Continued 65.15 79,358.00 51,703.17 51,703.17 27,654.83 1,208,447.83 925,209.17 925,209.17 2,133,657.00 43.36Total Equipment Replacement Fund Grand Total 57,115,909.22 18,477,357.57 18,477,357.57 38,638,551.65 32.35 48Page: 80 From: tony higgins <tony.higgins123@gmail.com> Sent: Wednesday, March 2, 2022 2:46 PM To: City Clerk <cityclerk@hermosabeach.gov>; Ann Yang <anny@hermosabeach.gov> Cc: Suja Lowenthal <suja@hermosabeach.gov>; Angela Crespi <acrespi@hermosabeach.gov>; Mayor Michael Detoy <mdetoy@hermosabeach.gov> Subject: Supplemental to Item VIII of tonights revenue study session Dear City Council I dont think that anyone will dispute that transparency is required if city costs & revenue are to be allocated fairly between the Hermosa Beach business district and the residential community But the city staff failed to provide a report that compares the percent of ALL revenue coming in from residents versus commercial interests and failed to provide any info on the distribution of these funds to the business district versus the residential community. These things can be estimated fairly accurately and there are a number of accounting firms that do just this. Why wasn't this provided in the staff report? Please also consider its not just a simple matter of saying the city gets X% of property tax revenue from commercial sources and Y% from resident sources though that would be a good start. What percent of our police salaries are spent in support of the business district versus our residential homes and streets? What percent of code enforcement and building permit revenue comes from residents versus businesses? What percent of code enforcement salaries are spent serving business versus residential needs? How much parking ticket revenue comes from residents? How much utility tax revenue comes from businesses versus residents and so on. Are residents getting a fair shake? Who knows? What are the goals? Should the business district pay its way or should the residential community pay for business growth? These are tough questions and I sure hope the council will follow up on this in tonight's meeting Once again what are the goals and who can articulate those goals to that residents are informed and aware? The last time the city took a comprehensive look at this was many years ago. 81 If 65% of the revenue were coming from residents but only 35% of the revenue went towards serving the residential community needs then that would be a problem. It would require some explanation and justification. What is the actual distribution? How can the city know if it should be looking to the business community versus the residential community for additional revenue if it doesnt know this? The Governance Element of the General Plan states as Goal 1: A High degree of transparency and integrity in the decision-making process. I think city and our residents have huge blind spot on this and I hope the council is up to addressing this matter in tonight's Revenue Planning session Thank You. Anthony Higgins 82 Transaction & Use Tax Presentation and Estimate City of Hermosa Beach City Council Study Session March 3, 2022 83 Bobby Young Client Services Director –Sales Tax Mr.Young has over 25 years of local government experience.Prior to joining HDL,he served the City of Costa Mesa for 13 years,the last 5 as Finance Director.He has also spent time as an external auditor of government and non-profit entities specializing in assessment and documentation of internal controls and annual review and preparation of client’s Comprehensive Annual Financial Report (CAFR).He’s been an active member in municipal affairs with both the Government Finance Officers Association (GFOA)and California Society of Municipal Finance Officers (CSMFO),and holds a Bachelor’s degree from California State University,Fullerton in Accounting. 84 About HdL TRIFECTA Superior service Increased revenue Decreased costs COMPLIANCE HdL helps clients reduce risk by keeping current with ever-changing legislation RESULTS Average city growth rates are ~3%, HdL clients are 2x that! PROUD TO SERVE CITIES, COUNTIES & SPECIAL DISTRICTS FOR 37+ YEARS 100% EMPLOYEE OWNED 500+ Municipal Clients $3billion+ Recovered revenue 99.6% Avg. Client Retention 85 TRANSACTION AND USE TAX (TUT) Transaction and Use Tax District Tax Add-on Tax Legislative authority to tax - California Revenue and Taxation Code Section 7251 –7279.6 7261(a) A provision imposing a tax for the privilege of selling tangible personal property at retail upon every retailer in the district at a rate of one-eighth of 1 percent, or a multiple thereof, of the gross receipts of the retailer from the sale of all tangible personal property sold by that person at retail in the district. 4 86 GENERAL VS SPECIFIC TAX -General 7285.9 -The governing body of any city may levy, increase, or extend a transactions and use tax for general purposes at a rate of 0.125 percent or a multiple thereof, if the ordinance proposing that tax is approved by a two-thirds vote of all members of that governing body and the tax is approved by a majority vote of the qualified voters of the city voting in an election on the issue. 5 87 GENERAL VS SPECIFIC TAX -Specific 7285.91 -…for the purpose for which it is established, The ordinance proposing that tax is approved by a two-thirds vote of all members of the governing body and is subsequently approved by a two-thirds vote of the qualified voters of the city voting in an election on the issue 6 88 •Additional Local Taxes –Rev & Tax Code 7280-7298 •Rev & Tax Code 7270 -Administration The district is required to contract with the CDTFA (California Department of Taxes and Fees Administration) to perform all functions in the administration and operation of the ordinance imposing the tax. TRANSACTION & USE TAXES INFO 7 89 TRANSACTION & USE TAXES INFO Rev & Tax Code 7251.1 The combined rate of all taxes imposed in accordance with this part in any county may not exceed 2 percent (above the base sales tax rate),except… 8 90 9 Current Sales Tax received TUT increasing cap = 1% TUT applied against cap = 1.25% Leaves 0.75% available for local TUT 91 Approximately 95% of the state’s population live in one or more transactions and use tax district 177 215 267 317 406 0 50 100 150 200 250 300 350 400 450 Total Individual TUT 2013 2016 Nov 2016 Nov 2018 Nov 2020 NEW NUMBER OF TUT DISTRICTS ARE INCREASING 10 92 •34 of 58 Counties •222 of 482 Cities ‒Northern -103 ‒Central -54 ‒Southern –65 ‒Coastal -132 ‒Central -78 ‒Mountains -12 WHO AND WHERE? 93 L.A. COUNTY LOCAL TUTs 12 •56 Cities/Agencies have TUTs –including countywide measures •10 effective April 1, 2021 as a result of the Nov 2020 election cycle Hawthorne 0.75% (4/18) Lawndale 0.75% (4/19) Gardena 0.75% (7/20) Carson 0.75% (7/21) Lomita 0.75% (4/21) Long Beach 1.00% (1/17) Inglewood 0.50% (4/07) Santa Monica 1.00% (4/17) Culver City 0.75% (4/13) Pasadena 0.75% (4/19) Glendale 0.75% (4/19) Burbank 0.75% (4/19) 94 FUNCTIONAL DIFFERENCES TO BRADLEY-BURNS ALL OTHER RETAILERS 95 FUNCTIONAL DIFFERENCES TO BRADLEY-BURNS VEHICLES, VESSELS, AIRCRAFT BUYER PAYS TOTAL SALES TAX RATE WHERE VEHICLE WILL BE REGISTERED Example: 1.Buyer lives in non-TUT city with total sales tax rate of 9.5%, purchases a vehicle from a car dealer in a city that has a total sales tax rate of 10.25%. Buyer will only pay 9.5% sales tax to car dealer. Local 1% Bradley-Burns tax will be allocated to city where car dealer is located. No additional local taxes will be allocated. 14 96 FUNCTIONAL DIFFERENCES TO BRADLEY-BURNS VEHICLES, VESSELS, AIRCRAFT BUYER PAYS TOTAL SALES TAX RATE WHERE VEHICLE WILL BE REGISTERED Example: 2.Buyer lives in a city with TUT -total sales tax rate of 10.25% (assume 0.75% TUT), purchases a vehicle from a car dealer in a city that has a total sales tax rate of 9.5% Buyer will pay 10.25% sales tax to car dealer. Local 1% Bradley-Burns tax will be allocated to city where car dealer is located. 0.75% TUT will be remitted to City where Buyer lives. 15 97 FUNCTIONAL DIFFERENCES TO BRADLEY-BURNS BUILDING SUPPLIES, EQUIPMENT AND BULK FUEL DELIVERIES INTO CITY TUT tax collected DELIVERIES OUT OF CITY TUT tax NOT collected CITY WITH TUT 98 •There is an impact, but too small to measure •Consumers focus on base cost •Hassle factor •Alternative purchase options HOW DO “ADD ON” TAXES EFFECT BUYING? 99 HERMOSA BEACH 0.75% TUT ESTIMATE Autos/Transportation $ 570,000 Building/Construction 210,000 Business/Industry 315,000 Food/Drugs 315,000 Fuel/Service Stations 110,000 General Consumer Goods 675,000 Restaurants 830,000 Administration Fee (25,000) Total $ 3,000,000 18 100 EXAMPLE CALENDAR OF EVENTS Jan.–Feb. Communicate with Council, Community, CDTFA, City Clerk, Fiscal Impacts Mar.–Apr. Community Feedback, Communication with CDTFA & City Clerk, Fiscal Impacts May–June City Council Approval with Fiscal Impacts, Communication with CDTFA, City Clerk July–Aug. City Clerk Filing, County Registrar of Voters for Ballot Sep.–Oct. Communication with Voters, Community Groups, Employee Groups November ELECTION 19 101 •Approved tax measure will go into effect the first calendar quarter 110 days after the adoption of the ordinance ‒November 2022 approval ‒April 1, 2023 effective date ‒First monthly advances begin June 2023 – first full year FY 23-24 SUCCESS !?!?! 20 102 Thank you! Bobby Young byoung@hdlcompanies.com Phone: 714.879.5000 www.hdlcompanies.com Brea | Fresno | Pleasanton 103 City of Hermosa Beach Staff Report City Hall 1315 Valley Drive Hermosa Beach, CA 90254 Staff Report REPORT 22-0125 Honorable Mayor and Members of the Hermosa Beach City Council Adjourned Regular Meeting of March 3, 2022 CONSIDERATION OF TAKING ACTION OR GIVING DIRECTION TO STAFF ON ITEMS FROM THE REVENUE STUDY SESSION (Finance Director Viki Copeland) Recommended Action: Staff recommends City Council discuss the Revenue Study Session Discussion Items (Attachment 2)and provide staff direction. Executive Summary: The attached list of revenue sources (Attachment 2)reflects both City Council and staff suggested items for review.Status updates are provided in red for items that are already complete or are in progress.After receiving the staff presentation and discussing items at the Revenue Study Session, Council may choose to take action or provide staff direction at this Adjourned Meeting of the City Council. Discussion: An overview of the City’s revenue sources and a list of discussion items was presented with the Revenue Study Session Slides (Attachment 1).The Revenue Study Session Discussion Items (Attachment 2)is a list of revenue sources reflecting both City Council and staff suggested items for review.At this time,some items are complete and others are in progress.A status update is included with the list of items and shown in red. The list is separated into the following sections: 1.Taxes; 2.Use of Property and User Fees; and 3.Other Funding Sources. Staff recommends City Council consider the items and provide staff any desired direction at this Adjourned Meeting of the City Council. General Plan Consistency: This report and associated recommendation have been evaluated for their consistency with the City’s City of Hermosa Beach Printed on 5/24/2023Page 1 of 2 powered by Legistar™104 Staff Report REPORT 22-0125 General Plan. Relevant Policies are listed below: Governance Element Goal 1. A High degree of transparency and integrity in the decision-making process. Policy: ·1.6 Long-term consideration.Prioritize decisions that provide long-term community benefit and discourage decisions that provide short-term community benefit but reduce long-term opportunities. Goal 6.A broad-based and long-term economic development strategy for Hermosa Beach that supports existing businesses while attracting new business and tourism. Policies: ·6.1 Long-term economic development.Support the development and implementation of long-term development strategies that seek to establish and keep new businesses and a strong middle class in Hermosa Beach over the decades to come. ·6.3 Diversified Economy.Encourage economic development strategies that allow the city to move beyond reliance on its two main industries -accommodation and food service and retail trade - and transform itself to a mature mix of economic activity and job opportunities. ·6.7 Retail base.Encourage economic development reflective of the character of Hermosa Beach with small and medium scale retail development within Hermosa Beach in order to create a stronger tax base and increase the City’s tax revenue. Fiscal Impact: There is no fiscal impact associated with the recommended action. The fiscal impact of any individual item or direction would be provided upon return to City Council. Attachments: 1. Revenue Study Session Slides 2. Revenue Study Session Discussion Items 3. Revenue Report for November 2021 Respectfully Submitted by: Viki Copeland, Finance Director Approved: Suja Lowenthal, City Manager City of Hermosa Beach Printed on 5/24/2023Page 2 of 2 powered by Legistar™105 Revenue Study Session March 3, 2022 1Attachment 1 of 3 106 General Fund Revenue 2 Property Taxes, 51.2% Service Charges, 15.1% Other Taxes, 3.3% Sales Taxes, 6.8%UUT, 5.2%TOT, 4.8% Business License, 2.8% Lic/Permits, 2.0% Fines, 4.8%Use/Money, Prop, 3.7% Intergvt/State, 0.3% 2021-22 Budgeted Revenue by Category 107 General Fund Revenue 3 Top Tax Revenue Sources 2021-22 Revised Budget % of Total Revenue Property Tax $20,483,389 51.2% Sales Tax $2,717,628 6.8% Transient Occupancy Tax (TOT)$1,928,358 4.8% Utility Users Tax (UUT)$2,093,903 5.2% Top Tax Total $27,223,278 68% 108 General Fund Revenue 4 Revenue Sources 2021-22 Revised Budget % of Total Revenue Top Tax Sources $27,223,278 68% Other Taxes $2,428,235 6.1% Licenses/Permits $785,512 2% Fines/Forfeitures $1,906,306 4.8% Use/Money and Property $1,469,888 3.7% Intergovt/State $142,192 0.3% Service Charges $6,041,373 15.1% Other Revenue $18,511 0% Total General Fund Revenue $40,015,295 109 Revenue Study Session A.Taxes 5 1. Property Tax a.Split Roll for Property Tax (State measure, did not pass) b.Parcel Tax (Information only) 2. Sales Tax a.Pursue Sales Tax at the Former Land Rover Site (Status: Complete) b.District Tax (Transaction and Use Tax) 110 Revenue Study Session A.Taxes 6 3. Utility User Tax (UUT) a.Explore Options to Address Erosion of UUT (Status: In Progress) 4. Transient Occupancy Tax (TOT) a.Increase the TOT Tax (Status: Complete) b.TOT Audits (Status: Complete) c.Short-Term Vacation Rentals in Commercial Zone (Status: Complete) 111 Revenue Study Session A.Taxes 7 5. Consider a Cannabis Tax (Status: In Progress) 6. Business License Tax a.Consider an Increase or Changes 112 Revenue Study Session B.Use of Property and User Fees 8 1. Parking Revenue (Status: In Progress) a.Parking Meter Rates b.Mobile App c.Parking Citation Fines d.Parking Permit Rates e.Other Parking Permits f.Electric Vehicle Charging Fee/ Free Parking at Meter 113 Revenue Study Session B. Use of Property and User Fees 9 2. Encroachments a.Resume Permanent Outdoor Encroachment Fees Status: Complete b.Increase Permanent Outdoor Encroachment Fees c.Set Fee for Temporary Outdoor Encroachments Status: Complete 114 Revenue Study Session B.Use of Property and User Fees 10 3. Other Property-Related a.Increase Storage Property Lease (Status: Complete) b.Increase Residential Encroachment Fees c.Apply CPI for Annual Sewer Charge (Status: In Progress) d.Enhance Clark Building as a Revenue Generator 115 Revenue Study Session B. Use of Property and User Fees 11 3. Other Property-Related, continued e. Re-evaluate the Lighting Landscaping Fund (Status: In Progress) f. Implementation of a Storm Water Fee g. Possibility of More Undersea Cables h. Park Recreation In Lieu Fee 116 Revenue Study Session B. Use of Property and User Fees 12 3. Other Property-Related, continued i. User Fee Study (Service Charges) j. Fee Waivers (Status: Complete) k. Create a Municipal Lease Policy 117 Revenue Study Session C.Other Funding Sources 13 1. Settlement Bond Refunding (Status: Complete) Year Ending November 1 Principal Interest Total Debt Service 2021 395,000 330,528 725,528 2022 415,000 310,200 725,200 2023 435,000 293,600 728,600 2024 450,000 276,200 726,200 2025 470,000 258,200 728,200 2026 490,000 239,400 729,400 2027 510,000 219,800 729,800 2028 535,000 199,400 734,400 2029 560,000 178,000 738,000 2030 580,000 155,600 735,600 2031 610,000 132,400 742,400 2032 635,000 108,000 743,000 2033 665,000 82,600 747,600 2034 685,000 56,000 741,000 2035 715,000 28,600 743,600 Total:8,150,000$ 2,868,528$ 11,018,528$ 118 Revenue Study Session C.Other Funding Sources 14 2. Economic Development Committee 3. Business Improvement District (BID) 119 City Council Questions/Comments 15 120 REVENUE STUDY SESSION DISCUSSION ITEMS A. TAXES All tax increases require placement on a regularly scheduled general election of City Councilmembers unless an emergency is declared by unanimous vote of the Council. A general tax is a tax imposed for general governmental purposes, the proceeds of which are deposited into the General Fund. A majority vote of the electorate is required to impose, extend or increase any general tax. A special tax is a tax that is collected and earmarked for a specific purpose and deposited either into a separate account or the General Fund. A two-thirds vote of the electorate is required to impose, extend or increase any special tax. 1. Property Tax a. Split Roll for Property Tax State Proposition 15, also referred to as the Split Roll Tax, was a proposition on the November 3, 2020 ballot in California that sought to remove Proposition 13 tax protections from commercial properties. For properties valued at $5 million or more, an additional 1.2 percent “surcharge” each year would be added onto the regular property tax. Status: The vote was 51.97 percent no, 48.03 percent yes. This item was on the study session list as an educational item if the measure passed. Another split roll proposal, different from the previous one, was submitted to the Attorney General in October 2021 and will be tracked for qualifying. b. Parcel Tax A special tax on parcels of property generally based on either a flat per-parcel rate or a variable rate depending on the size, use and/or number of units on the parcel. Voter approval of 2/3 is required. Status: This is an informational item only. Parcel taxes are not as common as other locally imposed taxes for cities. The tax is the primary method of collecting additional operating revenue for schools and special districts who do have not the ability to seek general taxes. 2. Sales Tax a. Pursue Sales Tax at the Former Land Rover Site Staff, with assistance from the City Attorney’s Office, developed a sales tax sharing agreement between Hermosa Beach and Redondo Beach to share sales tax generated by the Mitsubishi dealership according to the percent of land for the dealership in each city, which is 47 percent for Hermosa Beach and 53 percent for Redondo Beach. A three-party agreement including the dealership was also developed for the dealership’s reporting of the tax to the State. Concurrence from the state was sought since an agreement of this type had not been implemented since the 70’s. Status: Complete. The City Council approved the agreements on January 26, 2021. 121 b. District Tax (Transaction and Use Taxes) District taxes are not the same as the local sales tax imposed under the Bradley- Burns Uniform Local Sales and Use Tax Law. District taxes are separate voter- approved transaction and use taxes imposed by certain cities, counties and other local jurisdictions on the purchase and use of tangible personal property (merchandise). For example, the tax applies to purchases of automobiles registered in the district and to merchandise shipped into the district rather than sales made within the district. The maximum combined rate within any county may not exceed 2 percent unless specifically authorized by statute. Local taxes are imposed in every city and county in California at a uniform rate of 1.25 percent. Metropolitan Transportation Authority obtained authorization to raise the limit to 3 percent therefore a district tax rate of .75 percent could be imposed for Hermosa Beach. This tax is in addition to the 1 percent sales tax already received by the City. In Los Angeles County, 56 out of 88 cities have a district tax. A 2/3 vote (four out of five) by City Council is required to place the measure on the ballot; a majority of voters is required for passage of a district tax. A general tax election must be consolidated with a regularly scheduled general purpose election of City Councilmembers unless an emergency is declared by unanimous vote of the Council. Status: City Council may consider this item for placement on the November 2022 election. If 2/3 of the City Council concurs, the item will be brought back at a future City Council meeting. 3. Utility User Tax (UUT) a. Explore Options to Address Erosion of UUT The City’s contract with Avenu, the consultant who monitors utility tax revenue, allows for city specific audits. The City Manager gave approval in September 2021 to move forward with audits of streaming providers Disney+, Hulu, ESPN, Netflix and Amazon Prime Video in order to apply the UUT to these services. Status: In Progress. Meetings between Avenu and the streaming providers continue. Fran Mancia, Vice President of Government Relations with Avenu provided the following update: • Netflix changed representatives and we have a meeting next week (March 2nd). No legal qualms this far. Just delays. We expect resolution this calendar year. • Amazon is not disputing local Utility User Taxes owed. However, they are carefully reviewing each local jurisdictions ordinances and looking for technicalities to ensure all of city contracts with outside consulting and auditing firm are valid and that they still meet requirements for validity. No legal arguments in dispute. 122 • Disney received the information request and seems to be cooperative but is asking for more time to gather documents. 4. Transient Occupancy Tax (TOT) a. Increase the TOT Tax Status: Complete. Voters approved the TOT increase from 12 percent to 14 percent 1/5/2019 to be effective January 1, 2020. b. TOT Audits Status: Complete. The last audit was in 2018. The audit will be budgeted for 2022-23 as 5 years is the typical timeframe for these audits. c. Short Term Vacation Rentals for Commercial Zone Status: Complete. Five commercial properties are approved at this time and paying TOT. 5. Consider a Cannabis Tax Status: In Progress. In view of the signature gathering that is underway to place a measure on the November 2022 ballot an advisory group was created to provide a recommendation to City Council in April. 6. Business License Tax Consider an Increase or Changes to the Business License Tax The business license tax was last increased on the ballot measure of November 8, 2011. A Business License Tax Review Committee developed the proposal after a lengthy process with meetings from December 2011 through July 2011 . Status: If a change or increase in the business license tax is desired, staff recommends the city consider hiring a consultant to assess the composition of city businesses and provide options. B. USE OF PROPERTY AND USER FEES 1. Parking Revenue Status: In progress. A Parking Study Session was conducted 1/31/22. A public hearing will be scheduled in July/August to consider the following items. a. Parking Meter Rates b. Mobile App Status: Mobile app proposals are in review and a provider will be selected prior to the public hearing c. Parking Citations Fines d. Parking Permit Rates, Residential and Lots, Employee Permits e. Other Parking Permits, Contractor, Driveway f. Electric Vehicle Charging Fee/ Free Parking at Meters 123 2. Encroachments a. Resume Permanent Outdoor Encroachment Fees Status: In Progress. Existing fees reinstated effective March 1, 2022 b. Increase Permanent Outdoor Encroachment Fees If City Council wants to consider rate increases, Staff would recommend acquiring a new market study. c. Set Fee for Temporary Outdoor Encroachments Status: In Progress. Fee of $1.50/square foot implemented March 1, 2022 for added permanent outdoor dining and previously temporary outdoor dining encroachments. 3. Other Property-Related a. Increase Storage Property Lease Status: Compete. A new lease rate of $20,000/month was negotiated to be effective July 2021. A CPI clause was implemented, resulting in a current rate of $20,600/month, an increase of $67,200 from the prior rate of $15,000/month. b. Increase Residential Encroachment Permit Fee Residential encroachment permit fees are charged when a property owner wants to have non-permanent improvements on a portion of City property adjacent to their property. The fees cover the staff time to process the permit. The current fee for this item is $1,437.01. The Residential Encroachment Fee is a one-time fee that stays with the property until change of ownership or the permit is revoked. The cost of the permit is the same whether it is a permit to install irrigation in the parkway or to use excess Right-of-Way (ROW) for private use in the rear or front of a property. Status: Public Works is proposing to engage consulting services to assess the residential encroachment permit process. The assessment would include the feasibility study to separate the permits in different categories (i.e. Parkway irrigation, use of excess ROW citywide excluding the coastal zone, coastal zone (The Strand)), and study the possibility of changing the fee from a one-time fee to an annual fee, depending on the permit category. Currently, Coastal Commission is not permitting the City to issue residential encroachment permits at The Stand because they state that the fee charged should be related to the cost of the land, and the fees collected in the coastal zone (in particular The Strand) need to be used exclusively to maintain, improve and provide coastal access. The analysis of land valuation will also be in the scope of the feasibility study. This process would also require possible modifications to the Municipal Code. c. Apply CPI for Annual Sewer Charge The sewer fee which was initiated in 2015 included Consumer Price Index (CPI) increases not to exceed 2 percent per year. As per the originating sewer charge resolution, annual increases can only be authorized for a five-year period. Due to 124 the pandemic, staff did not move forward with reinstating the five-year term for applying the CPI to the fee in FY 2021–22 Status: In Progress. Public Works is engaging an assessment engineer to prepare a preliminary evaluation which would go to Council in April. The process would then require notifying each property owner in writing a minimum 45 days in advance of a protest hearing which would occur in June. The City would be required to adopt an ordinance at that time in order to place the sewer service charge on the annual County of Los Angeles Tax Roll by July. d. Enhance Clark Building as a Revenue Generator Status: Final plans for Clark Building Improvements were approved by City Council on January 25, 2022. Staff will develop activities and fees based on the planned newly remodeled facility. e. Re-evaluate the Lighting Landscaping Fund The Fund has had a deficit of $229,790 for 2021–22, $291,002 for 2020–21, $175,932 for 2019–2020, $210,000 for 2018–2019 $87,000 for 2017–18 and $178,000 2016–17. There was a protest vote against an additional assessment of $165,000 on July 25, 2006. The measure failed 52 percent to 48 percent. Status: In progress. Public Works engaged the assessment engineer to provide a feasibility study for creating a second district to cure the deficit and provide other options to consider. The laws have changed since creation of the original district so a second district will be recommended for any increase. The report will be available in April. Creating a new district would require a mailed ballot to each property owner in the district. f. Implementation of a Storm Water Fee Storm water costs are currently funded by a transfer of $700,000 in utility user tax revenue from the General Fund and revenue of approximately $157,000 in Measure W funds. Status: Public Works and the Environmental Programs Manager will undertake a review of the costs and viability of a fee in the future. g. Possibility of More Undersea Cables City Council inquired about this previously. In checking with our contact the following was provided: • Cable 3 (SX-NEXT) has landed but is still in the installation phase to Australia. The current expected System Operation Date is May 2022. • Cable 4 (HKA). This has been significantly delayed due to US/China disputes. Best estimate at this point would be a System Operational Date in 2024. • Other cables? 6th Street or 10th Street: We have recently received additional inquires for capacity into Hermosa Beach. While nothing is certain or even probable, cable owners are expressing interest in additional facilities into Hermosa Beach. Competing for a landing there would be the facilities 125 installed at Dockweiler State Beach (El Segundo). There are two landing pipes available there. Also, Grover Beach is a point of interest for these same cables. h. Park Recreation In-Lieu Fee This fee is an impact fee intended to provide funds to cover the cost for acquiring open space property as subdivision condition of approval per Chapter 16.12 of the Municipal Code. The developer has the choice of paying the fee or dedicating land in an amount equal to the average estimated fair market value of land. Dedication of land in Hermosa Beach in impractical since the city is virtually built out. The fee was last updated in 2007 based on an independent appraisal. The code requires an independent appraisal of open space zoned property in the city in order to set the fee. Status: Staff will look into getting an appraisal in order to make a recommendation. i. User Fee Study (Service Charges) The City conducts a User Fee Study every five years to recalculate fees to recover the cost of services, as required by Proposition 218. At that time, departments will also recommend inclusion of any new fees. The last study was conducted in 2016. Status: The study is included in the 2021–2022 budget. j. Fee Waivers Status: Complete. A Special Event Fee Waiver Policy was implemented on October 10, 2019. k. Create a Municipal Lease Policy The Community Resources Department and the Parks, Recreation and Community Resources Advisory Commission’s Municipal Lease Policy Subcommittee have been working on the creation of a Municipal Lease Policy, which focuses on 10 City facilities that are currently leased to seven (7) non-profit or Hermosa Beach-based organizations. Staff and the Subcommittee received input from both the Commission and City Council in 2019 to form the current draft of the policy. In January 2020, a Market Rate Study was completed to assist with establishing lease rates for all 10 facilities and several additional facilities that may be subject to a lease agreement in the future. Status: Staff will re-engage the subcommittee to develop next steps and a timeline and to begin additional outreach with the lessees to present a final draft of the Municipal Lease Policy for City Council review and approval. 126 C. OTHER FUNDING SOURCES 1. Settlement Bond Refunding Status: Complete. The 2015 Lease Revenue Bonds were refunded in October 2020 which saved almost $1,000,000 over the life of the bonds. The principal and interest payments are made from the General Fund. 2. Formation of the Economic Development Committee The Economic Development Committee’s first meeting was held on June, 2020 is comprised of two Councilmembers and two Planning Commissioners. It has been established to provide leadership and to advise the City Council and Planning Commission to ensure the preservation and vitality of Hermosa Beach businesses for recovery and resilience after COVID-19 business disruption and to develop longer term Economic Development goals and programs Status: The Economic Development Committee is near completion of an Economic Development Strategy to be considered for adoption by the City Council. 127 3. Business Improvement District (BID) Business improvement districts (BIDs) are quasi-public entities formed by businesses in a defined area where businesses agree through a formal vote to assess themselves to fund services and projects within the district’s boundaries that support and augment municipal services. BIDs typically fund services such as cleaning streets, providing security, making capital improvements, construction of pedestrian and streetscape enhancements, and marketing the area. The services provided by BIDs are supplemental to those already provided by the municipality. BIDs are established to provide services and are known to be key to promoting economic development within a designated district. Status: To be determined by the business community. The City is only able to serve in a supportive role in initiating BID formation process. The City has been willing to support this effort by allocating funds for a consultant firm to provide educational/informational sessions for the business community and to jump start the process toward BID formation should the businesses wish to proceed. 128 01/05/2022 CITY OF HERMOSA BEACH 1 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 General Fund001 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes 3101 Current Year Secured 16,525,157.00 0.00 0.00 16,525,157.00 0.00 3102 Current Year Unsecured 535,331.00 504,665.20 504,665.20 30,665.80 94.27 3103 Prior Year Collections 0.00 179,009.41 179,009.41 -179,009.41 0.00 3106 Supplemental Roll SB813 400,000.00 109,727.73 109,727.73 290,272.27 27.43 3107 Transfer Tax 346,860.00 412,528.37 412,528.37 -65,668.37 118.93 3108 Sales Tax 2,717,628.00 980,542.98 980,542.98 1,737,085.02 36.08 3109 1/2 Cent Sales Tx Ext 242,000.00 79,061.21 79,061.21 162,938.79 32.67 3110 Spectrum Cable TV Franchise 184,000.00 46,598.50 46,598.50 137,401.50 25.33 3111 Electric Franchise 81,421.00 0.00 0.00 81,421.00 0.00 3112 Gas Franchise 43,650.00 0.00 0.00 43,650.00 0.00 3113 Refuse Franchise 299,732.00 113,146.83 113,146.83 186,585.17 37.75 3114 Transient Occupancy Tax 1,928,358.00 1,700,574.30 1,700,574.30 227,783.70 88.19 3115 Business License 1,107,467.00 379,650.86 379,650.86 727,816.14 34.28 3120 Utility User Tax 2,093,903.00 856,198.56 856,198.56 1,237,704.44 40.89 3122 Property tax In-lieu of Veh Lic Fees 3,022,901.00 21,561.28 21,561.28 3,001,339.72 0.71 3123 Frontier Cable Franchise Fee 123,105.00 27,861.31 27,861.31 95,243.69 22.63 Total Taxes 18.25 29,651,513.00 5,411,126.54 5,411,126.54 24,240,386.46 3200 Licenses And Permits 3202 Dog Licenses 29,862.00 21,712.50 21,712.50 8,149.50 72.71 3204 Building Permits 556,948.00 290,610.12 290,610.12 266,337.88 52.18 3205 Electric Permits 72,000.00 43,513.00 43,513.00 28,487.00 60.43 1Page: Attachment 3129 01/05/2022 CITY OF HERMOSA BEACH 2 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 General Fund001 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3206 Plumbing Permits 60,000.00 41,188.24 41,188.24 18,811.76 68.65 3207 Occupancy Permits 9,000.00 1,672.00 1,672.00 7,328.00 18.58 3208 Grease Trap Permits 2,380.00 1,259.00 1,259.00 1,121.00 52.90 3209 Garage Sales 84.00 70.00 70.00 14.00 83.33 3211 Banner Permits 56.00 799.57 799.57 -743.57 1427.80 3213 Animal Redemption Fee 162.00 54.00 54.00 108.00 33.33 3214 Amplified Sound Permit 0.00 3,487.00 3,487.00 -3,487.00 0.00 3215 Temporary Sign Permit 475.00 0.00 0.00 475.00 0.00 3217 Open Fire Permit 900.00 529.00 529.00 371.00 58.78 3219 Newsrack Permits 112.00 0.00 0.00 112.00 0.00 3226 Admin Permit - Limited Outdoor Seating 513.00 0.00 0.00 513.00 0.00 3227 Mechanical Permits 48,000.00 40,881.00 40,881.00 7,119.00 85.17 3228 Concealed Weapons Permit 100.00 0.00 0.00 100.00 0.00 3230 Temporary Minor Special Event Permit 2,595.00 519.00 519.00 2,076.00 20.00 3236 Drone Permit Fee 2,325.00 725.00 725.00 1,600.00 31.18 Total Licenses And Permits 56.91 785,512.00 447,019.43 447,019.43 338,492.57 3300 Fines & Forfeitures 3301 Municipal Court Fines 39,351.00 19,275.08 19,275.08 20,075.92 48.98 3302 Court Fines /Parking 1,821,205.00 705,835.85 705,835.85 1,115,369.15 38.76 3305 Administrative Fines 32,000.00 3,700.00 3,700.00 28,300.00 11.56 3306 Nuisance Abatement- Restrooms 13,750.00 900.00 900.00 12,850.00 6.55 Total Fines & Forfeitures 38.28 1,906,306.00 729,710.93 729,710.93 1,176,595.07 2Page: 130 01/05/2022 CITY OF HERMOSA BEACH 3 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 General Fund001 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 80,107.46 27,202.51 27,202.51 52,904.95 33.96 3404 Community Center Leases 25,401.16 1.00 1.00 25,400.16 0.00 3405 Community Center Rentals 194,700.00 87,201.50 87,201.50 107,498.50 44.79 3406 Community Center Theatre 100,000.00 13,733.00 13,733.00 86,267.00 13.73 3414 Fund Exchange 490,000.00 490,000.00 490,000.00 0.00 100.00 3418 Special Events 90,000.00 29,790.50 29,790.50 60,209.50 33.10 3422 Beach/Plaza Promotions 11,771.00 53,981.00 53,981.00 -42,210.00 458.59 3425 Ground Lease 56,401.00 23,500.20 23,500.20 32,900.80 41.67 3427 Cell Site License- Sprint 42,530.00 17,502.10 17,502.10 25,027.90 41.15 3428 Cell Site License - Verizon 35,775.00 14,758.50 14,758.50 21,016.50 41.25 3429 Inmate Phone Services 50.00 13.56 13.56 36.44 27.12 3431 Storage Facility Operating Lease 259,560.00 103,000.00 103,000.00 156,560.00 39.68 3432 Film Permits 83,500.00 16,800.00 16,800.00 66,700.00 20.12 3450 Investment Discount 92.00 451.38 451.38 -359.38 490.63 3475 Investment Premium 0.00 0.25 0.25 -0.25 0.00 Total Use Of Money & Property 59.73 1,469,887.62 877,935.50 877,935.50 591,952.12 3500 Intergovernmental/State 3507 Highway Maintenance 2,300.00 0.00 0.00 2,300.00 0.00 3508 Mandated Costs 4,858.00 4,858.00 4,858.00 0.00 100.00 3509 Homeowner Property Tax Relief 81,196.00 0.00 0.00 81,196.00 0.00 3510 POST 30,631.00 5,167.44 5,167.44 25,463.56 16.87 3Page: 131 01/05/2022 CITY OF HERMOSA BEACH 4 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 General Fund001 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3511 STC-Service Officer Training 7,500.00 1,170.00 1,170.00 6,330.00 15.60 3575 VLF Coll Excess of $14m-Rev code 11001.5 15,707.00 0.00 0.00 15,707.00 0.00 Total Intergovernmental/State 7.87 142,192.00 11,195.44 11,195.44 130,996.56 3800 Current Service Charges 3801 Residential Inspection 54,800.00 32,768.00 32,768.00 22,032.00 59.80 3802 Planning Sign Permit/Master Sign Program 4,970.00 6,639.55 6,639.55 -1,669.55 133.59 3804 General Plan Maintenance Fees 104,283.00 45,315.00 45,315.00 58,968.00 43.45 3805 Amendment to Planning Entitlement 26,802.00 0.00 0.00 26,802.00 0.00 3809 Tentative Map Review 19,516.00 9,758.00 9,758.00 9,758.00 50.00 3810 Final Map Review 2,924.00 1,462.00 1,462.00 1,462.00 50.00 3811 Zone Change 4,226.00 0.00 0.00 4,226.00 0.00 3812 Conditional Use Permit - Comm/Other 15,210.00 5,070.00 5,070.00 10,140.00 33.33 3813 Plan Check Fees 300,000.00 234,212.65 234,212.65 65,787.35 78.07 3815 Public Works Services 96,900.00 53,635.00 53,635.00 43,265.00 55.35 3816 Utility Trench Service Connect Permit 98,499.00 36,808.00 36,808.00 61,691.00 37.37 3817 Address Change Request Fee 4,035.00 2,259.00 2,259.00 1,776.00 55.99 3818 Police Services 3,000.00 551.00 551.00 2,449.00 18.37 3821 Daily Permit Lot A/Parking Structure 40,711.00 20,987.00 20,987.00 19,724.00 51.55 3823 Special Event Security/Police 0.00 10,521.84 10,521.84 -10,521.84 0.00 3824 500' Noticing 18,213.00 1,401.00 1,401.00 16,812.00 7.69 3825 Public Notice Posting 3,780.00 0.00 0.00 3,780.00 0.00 3827 Library Grounds Maintenance 10,065.00 0.00 0.00 10,065.00 0.00 3831 Non-Utility Street Excavation Permit 42,472.00 12,825.00 12,825.00 29,647.00 30.20 4Page: 132 01/05/2022 CITY OF HERMOSA BEACH 5 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 General Fund001 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3834 Encroachment Permit 54,800.00 18,888.84 18,888.84 35,911.16 34.47 3836 Refund Transaction Fee 1,000.00 2,820.00 2,820.00 -1,820.00 282.00 3837 Returned Check Charge 200.00 50.00 50.00 150.00 25.00 3838 Sale Of Maps/Publications 0.00 10.00 10.00 -10.00 0.00 3839 Photocopy Charges 300.00 150.00 150.00 150.00 50.00 3840 Ambulance Transport 575,000.00 290,628.23 290,628.23 284,371.77 50.54 3841 Police Towing 84,750.00 37,098.00 37,098.00 47,652.00 43.77 3842 Parking Meters 1,615,464.00 891,316.94 891,316.94 724,147.06 55.17 3843 Parking Permits-Annual 392,067.00 21,220.00 21,220.00 370,847.00 5.41 3844 Daily Parking Permits 2,174.00 1,085.00 1,085.00 1,089.00 49.91 3845 Lot A Revenue 410,408.00 216,623.00 216,623.00 193,785.00 52.78 3846 No Pier Pkg Structure Revenue 514,551.00 258,767.50 258,767.50 255,783.50 50.29 3848 Driveway Permits 3,500.00 2,118.00 2,118.00 1,382.00 60.51 3849 Guest Permits 500.00 387.00 387.00 113.00 77.40 3850 Contractors Permits 40,000.00 14,416.00 14,416.00 25,584.00 36.04 3852 Recreation Program Transaction Fee 47,000.00 21,715.50 21,715.50 25,284.50 46.20 3855 Bus Passes 0.00 168.00 168.00 -168.00 0.00 3856 500' - 2nd Noticing 1,674.00 0.00 0.00 1,674.00 0.00 3857 Parking Plan Application 9,356.00 0.00 0.00 9,356.00 0.00 3858 Monthly Permit Lot A/Parking Structure 85,700.00 39,680.00 39,680.00 46,020.00 46.30 3862 Alarm Permit Fee 5,250.00 1,386.00 1,386.00 3,864.00 26.40 3865 Lot B Revenue 74,517.00 45,985.75 45,985.75 28,531.25 61.71 3867 Precise Development Plans 16,068.00 0.00 0.00 16,068.00 0.00 3868 Public Noticing/300 Ft Radius 3,368.00 4,210.00 4,210.00 -842.00 125.00 5Page: 133 01/05/2022 CITY OF HERMOSA BEACH 6 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 General Fund001 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3877 Business License Registration 9,700.00 6,102.00 6,102.00 3,598.00 62.91 3879 Business License Renewal Fee 35,000.00 14,580.00 14,580.00 20,420.00 41.66 3881 Tobacco Retailer Renewal 4,296.00 0.00 0.00 4,296.00 0.00 3883 Final/Tentative Map Extension 2,056.00 2,056.00 2,056.00 0.00 100.00 3888 Slope/Grade Height Determination 8,844.00 0.00 0.00 8,844.00 0.00 3890 300 Ft Radius Noticing/Appeal to CC 251.00 0.00 0.00 251.00 0.00 3893 Contract Recreation Classes 448,000.00 223,781.80 223,781.80 224,218.20 49.95 3894 Other Recreation Programs 196,000.00 20,950.00 20,950.00 175,050.00 10.69 3895 Zoning Information Letters 402.00 0.00 0.00 402.00 0.00 3897 Admin Fee/TULIP Ins Certificate 1,300.00 425.60 425.60 874.40 32.74 3898 Height Limit Exception 0.00 4,104.00 4,104.00 -4,104.00 0.00 3899 Condo - CUP/PDP 21,060.00 21,060.00 21,060.00 0.00 100.00 Total Current Service Charges 47.80 5,514,962.00 2,635,996.20 2,635,996.20 2,878,965.80 3900 Other Revenue 3903 Contributions Non Govt 0.00 44,563.58 44,563.58 -44,563.58 0.00 3904 General Miscellaneous 0.00 982.72 982.72 -982.72 0.00 3907 Pkg Str Utility Reimb From Beach House 5,600.00 0.00 0.00 5,600.00 0.00 3908 Hermosa Sr Ctr Donations/Memberships 6,000.00 1,491.25 1,491.25 4,508.75 24.85 3938 Solid Waste Contract Admin Fee 0.00 19,431.96 19,431.96 -19,431.96 0.00 3955 Operating Transfers In 2,729,260.00 1,137,190.00 1,137,190.00 1,592,070.00 41.67 3960 Frontier PEG Grant-formerly Verizon 6,911.00 0.00 0.00 6,911.00 0.00 3968 Spectrum PEG Grant-formerly TWC 0.00 9,319.70 9,319.70 -9,319.70 0.00 Total Other Revenue 44.14 2,747,771.00 1,212,979.21 1,212,979.21 1,534,791.79 6Page: 134 01/05/2022 CITY OF HERMOSA BEACH 7 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 General Fund001 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 6800 Current Service Charges Continued 6801 Mural Review 968.00 484.00 484.00 484.00 50.00 6809 Categorical Exemption 4,095.00 1,170.00 1,170.00 2,925.00 28.57 6810 Deed Restriction/Covenant Review 13,585.00 4,290.00 4,290.00 9,295.00 31.58 6811 Landscape Plan Review 4,620.00 2,148.00 2,148.00 2,472.00 46.49 6813 Zoning Code Interpretation Review 1,350.00 405.00 405.00 945.00 30.00 6818 New/Modified Business Zoning Review 9,045.00 4,623.00 4,623.00 4,422.00 51.11 6821 Solar Plan Check/Inspection 2,107.00 3,010.00 3,010.00 -903.00 142.86 6822 Temporary Certificate of Occupancy 335.00 134.00 134.00 201.00 40.00 6825 Clean Bay Restaurant - NPDES Inspection 41,200.00 0.00 0.00 41,200.00 0.00 6828 Public Improvement Plan Check 51,000.00 27,993.00 27,993.00 23,007.00 54.89 6832 DUI Collision Response 1,039.00 0.00 0.00 1,039.00 0.00 6834 Citation Sign-off 250.00 250.00 250.00 0.00 100.00 6837 Deceased Animal Pickup 124.00 61.00 61.00 63.00 49.19 6839 Pet Home Quarantine Review 62.00 0.00 0.00 62.00 0.00 6840 Multiple Dog Review 464.00 116.00 116.00 348.00 25.00 6849 Traffic Plan Review 0.00 320.00 320.00 -320.00 0.00 6851 Bus. License State Mandated Fee (CASp) 8,500.00 4,168.00 4,168.00 4,332.00 49.04 6852 Tobacco Retailer Renewal 0.00 3,888.00 3,888.00 -3,888.00 0.00 6860 Refuse Lien Fees/Athens 336.00 176.10 176.10 159.90 52.41 6861 Oversized Vehicle Permit 765.00 495.00 495.00 270.00 64.71 6867 Credit Card Processing Fee 76,700.00 32,003.00 32,003.00 44,697.00 41.72 6871 Sewer Service Charge Rebate -9,700.00 -3,848.40 -3,848.40 -5,851.60 39.67 7Page: 135 01/05/2022 CITY OF HERMOSA BEACH 8 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 General Fund001 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 6873 Impound Fee- Bicycle, Scooters & Wheeled 0.00 141.00 141.00 -141.00 0.00 6875 Solid Waste Contract Reimbursement 300,000.00 0.00 0.00 300,000.00 0.00 6881 Public Tree Removal Permit 1,600.00 200.00 200.00 1,400.00 12.50 6883 Stort-term Vacation Rental Permit 13,337.00 8,780.00 8,780.00 4,557.00 65.83 6884 M-1 Limited Event Permit 520.00 0.00 0.00 520.00 0.00 6885 Temporary Outdoor Dining/Retail Permit 1,660.00 2,496.00 2,496.00 -836.00 150.36 6886 Minor Conditional Use Permit 2,207.00 0.00 0.00 2,207.00 0.00 6887 Minor Planning Sign Review 242.00 0.00 0.00 242.00 0.00 Total Current Service Charges Continued 17.76 526,411.00 93,502.70 93,502.70 432,908.30 31,325,088.67 11,419,465.95 11,419,465.95 42,744,554.62 26.72Total General Fund 8Page: 136 01/05/2022 CITY OF HERMOSA BEACH 9 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Lightg/Landscapg Dist Fund105 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes 3101 Current Year Secured 453,000.00 0.00 0.00 453,000.00 0.00 3103 Prior Year Collections 4,185.00 3,627.49 3,627.49 557.51 86.68 3105 Assessment Rebates -2,900.00 -516.80 -516.80 -2,383.20 17.82 Total Taxes 0.68 454,285.00 3,110.69 3,110.69 451,174.31 3400 Use Of Money & Property 3401 Interest Income 190.83 241.64 241.64 -50.81 126.63 3450 Investment Discount 0.00 4.01 4.01 -4.01 0.00 3475 Investment Premium 0.00 -0.04 -0.04 0.04 0.00 Total Use Of Money & Property 128.71 190.83 245.61 245.61 -54.78 3900 Other Revenue 3955 Operating Transfers In 229,790.00 95,745.00 95,745.00 134,045.00 41.67 Total Other Revenue 41.67 229,790.00 95,745.00 95,745.00 134,045.00 585,164.53 99,101.30 99,101.30 684,265.83 14.48Total Lightg/Landscapg Dist Fund 9Page: 137 01/05/2022 CITY OF HERMOSA BEACH 10 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 State Gas Tax Fund115 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 4,584.31 1,931.04 1,931.04 2,653.27 42.12 3450 Investment Discount 5.00 28.46 28.46 -23.46 569.20 3475 Investment Premium 0.00 -0.12 -0.12 0.12 0.00 Total Use Of Money & Property 42.69 4,589.31 1,959.38 1,959.38 2,629.93 3500 Intergovernmental/State 3501 Section 2106 Allocation 68,294.00 30,102.37 30,102.37 38,191.63 44.08 3502 Section 2107 Allocation 145,384.00 49,190.68 49,190.68 96,193.32 33.84 3503 Section 2107.5 Allocation 4,000.00 4,000.00 4,000.00 0.00 100.00 3512 Section 2105 (Prop 111) 114,244.00 48,392.75 48,392.75 65,851.25 42.36 3513 Sec 2103 Higher Mtr Veh Excise Tax(HUTA) 175,327.00 78,178.28 78,178.28 97,148.72 44.59 3567 Road Maintenance Rehab Account 387,903.00 102,084.90 102,084.90 285,818.10 26.32 Total Intergovernmental/State 34.85 895,152.00 311,948.98 311,948.98 583,203.02 585,832.95 313,908.36 313,908.36 899,741.31 34.89Total State Gas Tax Fund 10Page: 138 01/05/2022 CITY OF HERMOSA BEACH 11 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 AB939 Fund117 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 1,197.38 475.60 475.60 721.78 39.72 3450 Investment Discount 1.00 6.72 6.72 -5.72 672.00 3475 Investment Premium 0.00 0.01 0.01 -0.01 0.00 Total Use Of Money & Property 40.25 1,198.38 482.33 482.33 716.05 3800 Current Service Charges 3860 AB939 Surcharge 63,060.00 22,346.47 22,346.47 40,713.53 35.44 Total Current Service Charges 35.44 63,060.00 22,346.47 22,346.47 40,713.53 3900 Other Revenue Total Other Revenue 0.00 0.00 0.00 0.00 0.00 6800 Current Service Charges Continued Total Current Service Charges Continued 0.00 0.00 0.00 0.00 0.00 41,429.58 22,828.80 22,828.80 64,258.38 35.53Total AB939 Fund 11Page: 139 01/05/2022 CITY OF HERMOSA BEACH 12 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Prop A Open Space Fund121 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3600 Intergovernmental/County 0.00 0.00 0.00 0.00 0.00Total Prop A Open Space Fund 12Page: 140 01/05/2022 CITY OF HERMOSA BEACH 13 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Tyco Fund122 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 13,250.38 4,704.51 4,704.51 8,545.87 35.50 3426 Easement Agreement 337,932.00 168,966.00 168,966.00 168,966.00 50.00 3450 Investment Discount 15.00 67.14 67.14 -52.14 447.60 3475 Investment Premium 0.00 0.11 0.11 -0.11 0.00 177,459.62 173,737.76 173,737.76 351,197.38 49.47Total Tyco Fund 13Page: 141 01/05/2022 CITY OF HERMOSA BEACH 14 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Park/Rec Facility Tax Fund125 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes Total Taxes 0.00 0.00 0.00 0.00 0.00 3400 Use Of Money & Property 3401 Interest Income 3,477.44 1,188.00 1,188.00 2,289.44 34.16 3450 Investment Discount 4.00 16.85 16.85 -12.85 421.25 3475 Investment Premium 0.00 0.02 0.02 -0.02 0.00 Total Use Of Money & Property 34.61 3,481.44 1,204.87 1,204.87 2,276.57 3900 Other Revenue 3910 Park/Recreation In Lieu Fee 78,616.00 32,678.00 32,678.00 45,938.00 41.57 Total Other Revenue 41.57 78,616.00 32,678.00 32,678.00 45,938.00 48,214.57 33,882.87 33,882.87 82,097.44 41.27Total Park/Rec Facility Tax Fund 14Page: 142 01/05/2022 CITY OF HERMOSA BEACH 15 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Bayview Dr Dist Admin Exp Fund135 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 45.00 9.37 9.37 35.63 20.82 3450 Investment Discount 0.00 0.12 0.12 -0.12 0.00 Total Use Of Money & Property 21.09 45.00 9.49 9.49 35.51 3900 Other Revenue 3925 Spec Assessment Admin Fees 4,950.00 0.00 0.00 4,950.00 0.00 Total Other Revenue 0.00 4,950.00 0.00 0.00 4,950.00 4,985.51 9.49 9.49 4,995.00 0.19Total Bayview Dr Dist Admin Exp Fund 15Page: 143 01/05/2022 CITY OF HERMOSA BEACH 16 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Loma Dist Admin Exp Fund138 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 1.98 0.08 0.08 1.90 4.04 Total Use Of Money & Property 4.04 1.98 0.08 0.08 1.90 3900 Other Revenue Total Other Revenue 0.00 0.00 0.00 0.00 0.00 1.90 0.08 0.08 1.98 4.04Total Loma Dist Admin Exp Fund 16Page: 144 01/05/2022 CITY OF HERMOSA BEACH 17 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Beach Dr Assmnt Dist Admin Exp Fund139 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 37.75 7.41 7.41 30.34 19.63 3450 Investment Discount 0.00 0.09 0.09 -0.09 0.00 Total Use Of Money & Property 19.87 37.75 7.50 7.50 30.25 3900 Other Revenue 3925 Special Assessment Admin Fees 3,850.00 0.00 0.00 3,850.00 0.00 Total Other Revenue 0.00 3,850.00 0.00 0.00 3,850.00 3,880.25 7.50 7.50 3,887.75 0.19Total Beach Dr Assmnt Dist Admin Exp Fund 17Page: 145 01/05/2022 CITY OF HERMOSA BEACH 18 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Community Dev Block Grant140 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3700 Intergovernmental/Federal 0.00 0.00 0.00 0.00 0.00Total Community Dev Block Grant 18Page: 146 01/05/2022 CITY OF HERMOSA BEACH 19 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Proposition A Fund145 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes 3117 Proposition A Transit 396,095.00 202,993.12 202,993.12 193,101.88 51.25 Total Taxes 51.25 396,095.00 202,993.12 202,993.12 193,101.88 3400 Use Of Money & Property 3401 Interest Income 4,758.00 644.25 644.25 4,113.75 13.54 3450 Investment Discount 5.00 11.01 11.01 -6.01 220.20 3475 Investment Premium 0.00 0.05 0.05 -0.05 0.00 Total Use Of Money & Property 13.76 4,763.00 655.31 655.31 4,107.69 3800 Current Service Charges 3853 Dial-A-Taxi Program 1,110.00 7.00 7.00 1,103.00 0.63 Total Current Service Charges 0.63 1,110.00 7.00 7.00 1,103.00 198,312.57 203,655.43 203,655.43 401,968.00 50.66Total Proposition A Fund 19Page: 147 01/05/2022 CITY OF HERMOSA BEACH 20 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Proposition C Fund146 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes 3118 Proposition C Local Return 328,550.00 168,380.23 168,380.23 160,169.77 51.25 Total Taxes 51.25 328,550.00 168,380.23 168,380.23 160,169.77 3400 Use Of Money & Property 3401 Interest Income 10,517.15 3,879.10 3,879.10 6,638.05 36.88 3450 Investment Discount 12.00 54.96 54.96 -42.96 458.00 3475 Investment Premium 0.00 0.09 0.09 -0.09 0.00 Total Use Of Money & Property 37.36 10,529.15 3,934.15 3,934.15 6,595.00 166,764.77 172,314.38 172,314.38 339,079.15 50.82Total Proposition C Fund 20Page: 148 01/05/2022 CITY OF HERMOSA BEACH 21 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Measure R Fund147 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes 3119 Measure R Local Return Funds 246,413.00 126,298.39 126,298.39 120,114.61 51.25 Total Taxes 51.25 246,413.00 126,298.39 126,298.39 120,114.61 3400 Use Of Money & Property 3401 Interest Income 3,422.13 1,656.35 1,656.35 1,765.78 48.40 3450 Investment Discount 4.00 22.42 22.42 -18.42 560.50 3475 Investment Premium 0.00 0.05 0.05 -0.05 0.00 Total Use Of Money & Property 49.00 3,426.13 1,678.82 1,678.82 1,747.31 3900 Other Revenue Total Other Revenue 0.00 0.00 0.00 0.00 0.00 121,861.92 127,977.21 127,977.21 249,839.13 51.22Total Measure R Fund 21Page: 149 01/05/2022 CITY OF HERMOSA BEACH 22 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Measure M148 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes 3131 Measure M Local Return Funds 279,268.00 142,798.22 142,798.22 136,469.78 51.13 Total Taxes 51.13 279,268.00 142,798.22 142,798.22 136,469.78 3400 Use Of Money & Property 3401 Interest Income 1,544.05 1,194.30 1,194.30 349.75 77.35 3450 Investment Discount 2.00 16.51 16.51 -14.51 825.50 Total Use Of Money & Property 78.32 1,546.05 1,210.81 1,210.81 335.24 136,805.02 144,009.03 144,009.03 280,814.05 51.28Total Measure M 22Page: 150 01/05/2022 CITY OF HERMOSA BEACH 23 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Measure W Fund149 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes 3132 Measure W Local Returns 157,164.00 0.00 0.00 157,164.00 0.00 Total Taxes 0.00 157,164.00 0.00 0.00 157,164.00 3400 Use Of Money & Property 3401 Interest Income 29.10 50.05 50.05 -20.95 171.99 3450 Investment Discount 0.00 0.78 0.78 -0.78 0.00 Total Use Of Money & Property 174.67 29.10 50.83 50.83 -21.73 157,142.27 50.83 50.83 157,193.10 0.03Total Measure W Fund 23Page: 151 01/05/2022 CITY OF HERMOSA BEACH 24 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Grants Fund150 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3500 Intergovernmental/State 3558 Beverage Recycling Grant 5,300.00 0.00 0.00 5,300.00 0.00 3562 State Homeland Security Grant Program 51,787.62 0.00 0.00 51,787.62 0.00 3590 SB 2 Zoning Ord Update Grant 250,516.00 0.00 0.00 250,516.00 0.00 3591 Local Early Action Planning 16,370.00 0.00 0.00 16,370.00 0.00 Total Intergovernmental/State 0.00 323,973.62 0.00 0.00 323,973.62 3700 Intergovernmental/Federal 3736 Bulletproof Vest Partnership 2,108.00 0.00 0.00 2,108.00 0.00 3757 *** Title Not Found *** 3,525.00 0.00 0.00 3,525.00 0.00 3758 *** Title Not Found *** 187,500.00 0.00 0.00 187,500.00 0.00 3759 *** Title Not Found *** 87,338.00 0.00 0.00 87,338.00 0.00 Total Intergovernmental/Federal 0.00 280,471.00 0.00 0.00 280,471.00 3900 Other Revenue 3968 West Basin Grant- Water Filling Stations 0.00 2,000.00 2,000.00 -2,000.00 0.00 3986 Caltrans Adaptation Planning Grant 0.00 64,007.80 64,007.80 -64,007.80 0.00 Total Other Revenue 0.00 0.00 66,007.80 66,007.80 -66,007.80 538,436.82 66,007.80 66,007.80 604,444.62 10.92Total Grants Fund 24Page: 152 01/05/2022 CITY OF HERMOSA BEACH 25 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Air Quality Mgmt Dist Fund152 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 537.90 180.60 180.60 357.30 33.58 3450 Investment Discount 0.00 2.59 2.59 -2.59 0.00 Total Use Of Money & Property 34.06 537.90 183.19 183.19 354.71 3500 Intergovernmental/State 3538 AQMD Emission Control AB2766 25,000.00 0.00 0.00 25,000.00 0.00 Total Intergovernmental/State 0.00 25,000.00 0.00 0.00 25,000.00 25,354.71 183.19 183.19 25,537.90 0.72Total Air Quality Mgmt Dist Fund 25Page: 153 01/05/2022 CITY OF HERMOSA BEACH 26 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Supp Law Enf Serv Fund (SLESF)153 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3100 Taxes 3135 C.O.P.S. Allocation 100,000.00 74,262.08 74,262.08 25,737.92 74.26 Total Taxes 74.26 100,000.00 74,262.08 74,262.08 25,737.92 3400 Use Of Money & Property 3401 Interest Income 3,325.23 920.98 920.98 2,404.25 27.70 3450 Investment Discount 4.00 13.05 13.05 -9.05 326.25 3475 Investment Premium 0.00 0.05 0.05 -0.05 0.00 Total Use Of Money & Property 28.06 3,329.23 934.08 934.08 2,395.15 28,133.07 75,196.16 75,196.16 103,329.23 72.77Total Supp Law Enf Serv Fund (SLESF) 26Page: 154 01/05/2022 CITY OF HERMOSA BEACH 27 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 FEMA/Cal OES157 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3500 Intergovernmental/State Total Intergovernmental/State 0.00 0.00 0.00 0.00 0.00 3700 Intergovernmental/Federal Total Intergovernmental/Federal 0.00 0.00 0.00 0.00 0.00 3900 Other Revenue 0.00 0.00 0.00 0.00 0.00Total FEMA/Cal OES 27Page: 155 01/05/2022 CITY OF HERMOSA BEACH 28 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 CARES Act158 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3500 Intergovernmental/State Total Intergovernmental/State 0.00 0.00 0.00 0.00 0.00 3700 Intergovernmental/Federal Total Intergovernmental/Federal 0.00 0.00 0.00 0.00 0.00 3900 Other Revenue 0.00 0.00 0.00 0.00 0.00Total CARES Act 28Page: 156 01/05/2022 CITY OF HERMOSA BEACH 29 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 American Rescue Plan Act (ARPA)159 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3700 Intergovernmental/Federal 3761 American Rescue Plan Act Allocation 0.00 2,310,877.00 2,310,877.00 -2,310,877.00 0.00 -2,310,877.00 2,310,877.00 2,310,877.00 0.00 0.00Total American Rescue Plan Act (ARPA) 29Page: 157 01/05/2022 CITY OF HERMOSA BEACH 30 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Sewer Fund160 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 46,767.50 7,307.43 7,307.43 39,460.07 15.63 3450 Investment Discount 54.00 105.76 105.76 -51.76 195.85 3475 Investment Premium 0.00 0.10 0.10 -0.10 0.00 Total Use Of Money & Property 15.83 46,821.50 7,413.29 7,413.29 39,408.21 3500 Intergovernmental/State 3550 CA Waste Oil Recycling Grant 5,475.00 0.00 0.00 5,475.00 0.00 Total Intergovernmental/State 0.00 5,475.00 0.00 0.00 5,475.00 3600 Intergovernmental/County 3602 Beach Outlet Maintenance 8,000.00 0.00 0.00 8,000.00 0.00 Total Intergovernmental/County 0.00 8,000.00 0.00 0.00 8,000.00 3800 Current Service Charges 3828 Sewer Connection Fee 24,000.00 3,612.41 3,612.41 20,387.59 15.05 3829 Sewer Demolition Fee 2,302.00 945.00 945.00 1,357.00 41.05 3832 Sewer Lateral Installation 15,413.00 8,372.00 8,372.00 7,041.00 54.32 Total Current Service Charges 30.99 41,715.00 12,929.41 12,929.41 28,785.59 3900 Other Revenue Total Other Revenue 0.00 0.00 0.00 0.00 0.00 6800 Current Service Charges Continued 30Page: 158 01/05/2022 CITY OF HERMOSA BEACH 31 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Sewer Fund160 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 6861 Sewer Service Charge 1,078,142.00 8,463.59 8,463.59 1,069,678.41 0.79 Total Current Service Charges Continued 0.79 1,078,142.00 8,463.59 8,463.59 1,069,678.41 1,151,347.21 28,806.29 28,806.29 1,180,153.50 2.44Total Sewer Fund 31Page: 159 01/05/2022 CITY OF HERMOSA BEACH 32 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Storm Drains Fund161 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 17,135.75 7,065.78 7,065.78 10,069.97 41.23 3450 Investment Discount 20.00 0.00 0.00 20.00 0.00 Total Use Of Money & Property 41.19 17,155.75 7,065.78 7,065.78 10,089.97 3900 Other Revenue 3955 Operating Transfers In 700,000.00 291,685.00 291,685.00 408,315.00 41.67 Total Other Revenue 41.67 700,000.00 291,685.00 291,685.00 408,315.00 418,404.97 298,750.78 298,750.78 717,155.75 41.66Total Storm Drains Fund 32Page: 160 01/05/2022 CITY OF HERMOSA BEACH 33 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Asset Seizure/Forft Fund170 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3300 Fines & Forfeitures Total Fines & Forfeitures 0.00 0.00 0.00 0.00 0.00 3400 Use Of Money & Property 3401 Interest Income 5,867.72 1,599.27 1,599.27 4,268.45 27.26 3450 Investment Discount 7.00 23.02 23.02 -16.02 328.86 3475 Investment Premium 0.00 0.02 0.02 -0.02 0.00 Total Use Of Money & Property 27.62 5,874.72 1,622.31 1,622.31 4,252.41 3900 Other Revenue Total Other Revenue 0.00 0.00 0.00 0.00 0.00 4,252.41 1,622.31 1,622.31 5,874.72 27.62Total Asset Seizure/Forft Fund 33Page: 161 01/05/2022 CITY OF HERMOSA BEACH 34 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Fire Protection Fund180 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 0.00 45.16 45.16 -45.16 0.00 3450 Investment Discount 0.00 0.73 0.73 -0.73 0.00 Total Use Of Money & Property 0.00 0.00 45.89 45.89 -45.89 3900 Other Revenue 3912 Fire Flow Fee 34,814.00 3,914.16 3,914.16 30,899.84 11.24 Total Other Revenue 11.24 34,814.00 3,914.16 3,914.16 30,899.84 30,853.95 3,960.05 3,960.05 34,814.00 11.37Total Fire Protection Fund 34Page: 162 01/05/2022 CITY OF HERMOSA BEACH 35 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 RTI Undersea Cable190 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 5,630.00 2,087.12 2,087.12 3,542.88 37.07 3426 Easement Agreement-Longfellow 90,000.00 45,000.00 45,000.00 45,000.00 50.00 3427 Easement Cable 2-Longfellow 72,000.00 25,200.00 25,200.00 46,800.00 35.00 3428 Easement Cable 3-25th St 253,000.00 0.00 0.00 253,000.00 0.00 3450 Investment Discount 6.00 30.34 30.34 -24.34 505.67 348,318.54 72,317.46 72,317.46 420,636.00 17.19Total RTI Undersea Cable 35Page: 163 01/05/2022 CITY OF HERMOSA BEACH 36 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 RTI Tidelands191 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 3,132.22 1,135.74 1,135.74 1,996.48 36.26 3426 Easement Agreement 184,000.00 0.00 0.00 184,000.00 0.00 3450 Investment Discount 4.00 16.12 16.12 -12.12 403.00 185,984.36 1,151.86 1,151.86 187,136.22 0.62Total RTI Tidelands 36Page: 164 01/05/2022 CITY OF HERMOSA BEACH 37 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 2015 Lease Revenue Bonds201 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3900 Other Revenue 3955 Operating Transfers In 661,345.00 0.00 0.00 661,345.00 0.00 661,345.00 0.00 0.00 661,345.00 0.00Total 2015 Lease Revenue Bonds 37Page: 165 01/05/2022 CITY OF HERMOSA BEACH 38 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Capital Improvement Fund301 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 92,123.52 21,875.32 21,875.32 70,248.20 23.75 3450 Investment Discount 106.00 312.68 312.68 -206.68 294.98 3475 Investment Premium 0.00 0.49 0.49 -0.49 0.00 Total Use Of Money & Property 24.06 92,229.52 22,188.49 22,188.49 70,041.03 3900 Other Revenue 3913 In-Lieu Fee/Street Pavement 0.00 2,544.47 2,544.47 -2,544.47 0.00 3955 Operating Transfers In 1,772,773.00 738,655.00 738,655.00 1,034,118.00 41.67 Total Other Revenue 41.81 1,772,773.00 741,199.47 741,199.47 1,031,573.53 1,101,614.56 763,387.96 763,387.96 1,865,002.52 40.93Total Capital Improvement Fund 38Page: 166 01/05/2022 CITY OF HERMOSA BEACH 39 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Greenwich Village N Utility Undergrnd Im313 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3900 Other Revenue 0.00 0.00 0.00 0.00 0.00Total Greenwich Village N Utility Undergrnd Im 39Page: 167 01/05/2022 CITY OF HERMOSA BEACH 40 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Bayview Dr Redemption Fund 2004-2609 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 945.90 180.94 180.94 764.96 19.13 3450 Investment Discount 2.00 0.00 0.00 2.00 0.00 766.96 180.94 180.94 947.90 19.09Total Bayview Dr Redemption Fund 2004-2 40Page: 168 01/05/2022 CITY OF HERMOSA BEACH 41 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Lwr Pier Dist Redemption Fund610 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 29.81 7.97 7.97 21.84 26.74 3450 Investment Discount 0.00 0.08 0.08 -0.08 0.00 21.76 8.05 8.05 29.81 27.00Total Lwr Pier Dist Redemption Fund 41Page: 169 01/05/2022 CITY OF HERMOSA BEACH 42 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Beach Dr Assessment Dist Redemption Fund611 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 519.36 72.34 72.34 447.02 13.93 447.02 72.34 72.34 519.36 13.93Total Beach Dr Assessment Dist Redemption Fund 42Page: 170 01/05/2022 CITY OF HERMOSA BEACH 43 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Beach Dr Assessment Dist Reserve Fund612 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 43.79 11.69 11.69 32.10 26.70 3450 Investment Discount 0.00 0.14 0.14 -0.14 0.00 31.96 11.83 11.83 43.79 27.02Total Beach Dr Assessment Dist Reserve Fund 43Page: 171 01/05/2022 CITY OF HERMOSA BEACH 44 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Myrtle Ave Assessment Fund617 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 0.00 167.05 167.05 -167.05 0.00 -167.05 167.05 167.05 0.00 0.00Total Myrtle Ave Assessment Fund 44Page: 172 01/05/2022 CITY OF HERMOSA BEACH 45 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Loma Drive Assessment Fund618 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 0.00 0.00 0.00 0.00 0.00Total Loma Drive Assessment Fund 45Page: 173 01/05/2022 CITY OF HERMOSA BEACH 46 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Bayview Dr Reserve Fund 2004-2619 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3400 Use Of Money & Property 3401 Interest Income 143.78 38.34 38.34 105.44 26.67 105.44 38.34 38.34 143.78 26.67Total Bayview Dr Reserve Fund 2004-2 46Page: 174 01/05/2022 CITY OF HERMOSA BEACH 47 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Insurance Fund705 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3800 Current Service Charges 3880 Insurance Service Charges 2,911,245.00 1,218,460.00 1,218,460.00 1,692,785.00 41.85 Total Current Service Charges 41.85 2,911,245.00 1,218,460.00 1,218,460.00 1,692,785.00 3900 Other Revenue Total Other Revenue 0.00 0.00 0.00 0.00 0.00 1,692,785.00 1,218,460.00 1,218,460.00 2,911,245.00 41.85Total Insurance Fund 47Page: 175 01/05/2022 CITY OF HERMOSA BEACH 48 10:16AM Page:revstat.rpt Revenue Status Report 7/1/2021 through 11/30/2021 Periods: 0 through 5 Equipment Replacement Fund715 Account Number Adjusted Estimate Revenues Year-to-date Revenues Balance Prct Rcvd 3800 Current Service Charges 3822 Building Maintenance Service Charges 101,556.00 42,315.00 42,315.00 59,241.00 41.67 3885 Comm Equip/Business Mach Charges 1,053,479.00 438,955.00 438,955.00 614,524.00 41.67 3889 Vehicle/Equip Replacement Charges 899,264.00 390,590.00 390,590.00 508,674.00 43.43 Total Current Service Charges 42.44 2,054,299.00 871,860.00 871,860.00 1,182,439.00 3900 Other Revenue 3901 Sale of Real/Personal Property 0.00 1,646.00 1,646.00 -1,646.00 0.00 Total Other Revenue 0.00 0.00 1,646.00 1,646.00 -1,646.00 6800 Current Service Charges Continued 6866 Records Technology Fee 79,358.00 51,703.17 51,703.17 27,654.83 65.15 Total Current Service Charges Continued 65.15 79,358.00 51,703.17 51,703.17 27,654.83 1,208,447.83 925,209.17 925,209.17 2,133,657.00 43.36Total Equipment Replacement Fund Grand Total 57,115,909.22 18,477,357.57 18,477,357.57 38,638,551.65 32.35 48Page: 176