Measure AA/AB UPDATE

Measure AA Q1 FY 19-20

In November 2016, the citizens of Fort Bragg passed Measure AA which increased the City’s TOT rate from 10% to 12%. The new rate became effective April 1, 2017. The chart above illustrates the amount of tax collected in Q4 FY 16-17 through Q1 F Y18-19 due to passage of the measure. The chart also illustrates amounts spent thus far and balances remaining both in total and for each of the four program areas earmarked for the revenue.

Total Measure AA/AB: tax collections as of 09/30/19 total $1,155,352. Expenditures thus far equal $1,047,581 leaving an unspent balance of $107k.

Marketing and Promotions: this program is earmarked for 50% or $577,676 of total measure AA taxes collected. Thus far expenditures are $553,329 leaving a balance of $24k. The balance is expected to swing back positive in the FY 2019/20. It should be noted that $24k of unencumbered funds from the FY 2017-18 fiscal year were subsequently rolled into the FY 2018-19 budget.

Coastal Trail Maintenance: this program is earmarked for 25% or $288k of total measure AA taxes collected. Thus far expenditures are $255k leaving a balance of $33k. In FY 2018-19, maintenance costs funded by Measure AB were budgeted at $109k whereas the estimated annual maintenance is approximately $147k. Staff will apply unspent balance from previous years to staff time spent maintaining the park in the second half of FY 2019-20. Any amounts not paid with Measure AA/AB funds will be paid from other general revenue sources.

Noyo Center for Marine Science: this program is earmarked for 12.5% or $144k of total measure AA taxes collected. Through the first quarter of FY 19-20 $144k has been granted to the Noyo Center leaving no outstanding balance. Collected taxes will continue to be granted to the Noyo Center on a quarterly basis.

Special Projects – School Playing Fields: this program is earmarked for 12.5% or $144k of total measure AA tax collected. In the fourth quarter of FY 2018-19, $95k was granted to the Fort Bragg Unified School district for purchase of equipment necessary to maintain the playing fields. An additional $22k is expected to be granted in FY 2019-20 to the Greater Fort Bragg Field Improvement Association to help fund preparation of improvement plans for the Redwood Elementary school field.