Cities Annual Report Fiscal Year 2000-01: Focus on Carmel-by-the-Sea

ABSTRACT:  The California State Controller’s Cities Annual Report (91^st  edition) is a report which compiles “the financial data pertinent to the operation of California’s city governments; it presents the costs of providing an array of valuable public services, as well as the means by which those services are financed.”  The Cities Annual Report Fiscal Year 2000-01 is embedded.  A SUMMARY of date for the City of Carmel-by-the-Sea is presented.

Cities Annual Report FY 2000-01

SUMMARY: CITY OF CARMEL-BY-THE-SEA

Table 1. Cities Annual Report — Fiscal Year 2000-01

Carmel-By-The-Sea

Estimated Population June 30, 2001 4,089

2000 Federal Census 4,081

County Location Monterey

Class General Law

Table 3. Cities Annual Report — Fiscal Year 2000-01

Statement of Revenues

Functional Revenues $1,985,723

General Revenues $ 10,183,113

Total Revenues $ 12,168,836

Table 4. Cities Annual Report — Fiscal Year 2000-01

Statement of Expenditures

Operating Expenditures $ 9,434,590

Capital Outlay $1,498,260

Total Expenditures $10,932,850

Functional Revenues $1,985,723

Net Expenditures $8,947,127

Table 5. Cities Annual Report — Fiscal Year 2000-01

Statement of Long-Term Indebtedness

Amount Authorized $570,892

Amount Issued or Received $570,892

Current Year Redeemed or Repaid $70,183

Outstanding at End of Year $332,974

Total Future Lease Obligations $1,368,398

Table 6. Cities Annual Report — Fiscal Year 2000-01

2001-02 Assessed Valuations and Property Taxes Allocated and Levied

Carmel-By-The-Sea

Assessed Valuation

Locally Assessed $1,642,331,258

Exemptions $17,709,731

Net Assessed Valuation $1,624,621,527

Property Taxes Allocated

Secured and Unsecured $2,201,377

Homeowners $25,584

Total Property Taxes Allocated and Levied $2,226,961

Table 7. Cities Annual Report — Fiscal Year 2000-01

Appropriation Limit and Total Annual Appropriations Subject to the Limit

Carmel-By-The-Sea

Appropriation Limit $15,741,192

Total Annual Appropriations Subject to the Limit $10,185,076

(Source: Cities Annual Report Fiscal Year 2000-01)