REPEAL THE HERMOSA BEACH UTILITY TAX

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*Documents: Formula for Surplus*

Special note, Oct. 2007:  Purely by coincidence, the 2007 City-sponsored measure to increase the UUT was given the same ballot letter designation as the 2001 Citizen-sponsored measure to repeal the UUT!

These excerpts from official documents show how the City calculates its surpluses, and how they are disposed of.
 
To see the source document from which an excerpt came, click on the link to the right of the excerpt.
 

This is* the
most recent
one available.


[*Post-election update:
Current surpluses are
available on the Updates
page.]

 

 

 

Formula 6-30-00 Source

"Designated Reappro-
priations"
moved
upwards
Formula 6-30-99 Source
  Formula 6-30-98 Source
Surplus no longer a "Surplus"

Formula 6-30-97 Source

  Formula 6-30-96 Source
     
     
Source: HB Finance Department    
     
All Documents reproduced here were obtained lawfully.