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Logistics Facilities Ad-Hoc Committee
April 11, 2017
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Gas Tax Revenue Gas tax is collected and allocated by the state; and used to maintain the City’s right-of-way. The City’s revenue has decreased by 40% from FY13-14 amount of $3,044,349. Current year revenue is expected to be $1,824,520. Future year estimates include new revenue from 2017 AB1 and SB1. FY17-18 is an implementation year, with full impact of new law by FY Expected FY18-19 revenue is $3,730,450. Historical fluctuations are primarily driven by a look-back calculation for Section 2103 revenue. Future year estimates provided by Michael Coleman, Fiscal Policy Advisor to the League of California Cities
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