Comprehensive Annual Financial Report - City of Santa Monica

CITY OF SANTA MONICA, CALIFORNIA
General Fund Tax Revenues by Source (1)
Last Five Fiscal Years
(In Thousands)
TABLE 5
Source
2008-09 2007-08 2006-07 2005-06 2004-05
Sales taxes $ 28,297
32,357 33,267 31,872 27,580
Utility user's tax 31,579 31,622 31,243 30,044 29,315
Transient occupancy tax 31,265 34,969 31,892 29,209 23,419
Property taxes (2) 37,763 36,068 32,586 28,032 25,651
Business license taxes 27,216 24,654 22,637 20,274 18,970
Parking facility tax 7,980 7,826 7,400 6,832 6,241
Real property transfer tax 2,653 4,739 6,409 5,573 7,180
Vehicle license fees 263 390 608 2,062 975
Franchise fees (3) — — — — 909
Condominium taxes 35 50 39 24 24
Total $ 167,051 172,675 166,081 153,922 140,264
(1)
Does not include Highway Users Taxes, which are recorded in the Gas Tax Fund, Unit Dwelling Taxes, which are recorded in
the Parks and Recreation Facilities Fund, or TORCA Conversion Taxes, which are recorded in the TORCA Fund.
(2)
(3)
Includes ad valorem property taxes for purposes of paying debt service on general obligation bonds. Does not include tax
increment received by redevelopment area.
Beginning in FY 2005-06, franchise fees are classified as "Licenses and Permits".
Source: City of Santa Monica Finance Department
146