Legislation Details

File #: 17-1050    Version: 1 Name: UPDATE ON REVENUE IMPACT DUE TO TUBBS FIRE
Type: CC- Report Status: Agenda Ready
File created: 11/27/2017 In control: City Council
On agenda: 12/12/2017 Final action:
Title: REPORT - UPDATE ON REVENUE IMPACT DUE TO TUBBS FIRE BACKGROUND: The Tubbs Fire had an immediate impact on City of Santa Rosa operations. This item provides an update of General Fund revenue losses as a result of the disaster. The City estimates that the loss of General Fund revenue will be approximately $4.8 million for the remainder of Fiscal Year (FY) 2017-18, and an estimated $6.7 million loss projected for FY 2018-19. RECOMMENDATION: This item is for information only.
Sponsors: Finance
Indexes: Not a Project
Attachments: 1. Staff Report, 2. Presentation