Cities Annual Report Fiscal Year 2009-10: Focus on Carmel-by-the-Sea

ABSTRACT:  The California State Controller’s Cities Annual Report (100^th 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 2009-10 is embedded.  A SUMMARY of date for the City of Carmel-by-the-Sea is presented.

Cities Annual Report FY 2009-10

SUMMARY: CARMEL-BY-THE-SEA

Table 1. Cities Annual Report — Fiscal Year 2009-10

Carmel-By-The-Sea

Estimated Population June 30, 2010 4,053

2000 Federal Census 4,081

County Location Monterey

Class General Law

Table 3. Cities Annual Report — Fiscal Year 2009-10

Statement of Revenues

Functional Revenues $817,394

General Revenues $11,821,164

Total Revenues $12,638,558

Table 4. Cities Annual Report — Fiscal Year 2009-10

Statement of Expenditures

Operating Expenditures $12,802,535

Capital Outlay $56,231

Total Expenditures $12,858,766

Functional Revenues $817,394

Net Expenditures $12,041,372

Table 5. Cities Annual Report — Fiscal Year 2009-10

Statement of Long-Term Indebtedness

Amount Authorized $826,349

Amount Issued or Received $826,349

Current Year Redeemed or Repaid $77,776

Outstanding at End of Year $739,646

Total Future Lease Obligations $12,475,888

Table 6. Cities Annual Report — Fiscal Year 2009-10

Assessed Valuations and Property Taxes Allocated and Levied

Assessed Valuation

Locally Assessed $2,937,194,784

Exemptions $21,604,728

Net Assessed Valuation $2,915,590,056

Property Taxes Allocated

Secured and Unsecured $4,004,090

Homeowners $24,701

Total Property Taxes Allocated and Levied $4,028,791

Table 7. Cities Annual Report — Fiscal Year 2009-10

Appropriation Limit and Total Annual Appropriations Subject to the Limit

Carmel-By-The-Sea

Appropriation Limit $23,565,750

Total Annual Appropriations Subject to the Limit $12,864,088

 (Source: CitiesAnnual Report Fiscal Year 2009-10)