HomeMy WebLinkAboutSS4 - Tidelands Fund Issues - PowerPoint (Staff)January 13, 2015
Agenda Item No. SS4
Discussion of Tidelands Fund
Issues, Framing a Tidelands
Audit RFP
Council Study Session
January 13, 2015
Tidelands tom p
Staff suggests RFP to Determine:
Are all Tidelands revenues accounted for in
accordance with the trust?
Are Tidelands expenditures eligible in accordance
with the trust?
What would the Tidelands income statement look
like if the City accounted for Tidelands activities
differently?
What would the Tidelands income statement look
like segregated by Harbor and Non - Harbor
activities?
3
Balboa Yacht Basin & Beacon Bay
Revenues - Not Included
NOT INCLUDED IN TIDELANDS TRUST
Marine Charter (Passenger) Tax on:
Sport fishing Charters
Yes
City
No
LNB
"Party Boat" Charters
Yes
City
No
LNB
Any other Charter
Yes
City
No
LNB
Property or Possessory Interest Taxes (0.17 of 1 %) from:
Boats
Most
City
No
Ocean, LNB
Homes on or adjacentto Tidelands
Some
Both
No
95% LNB
Residential Piers
Most
Both
No
LNB
Other PIT (BYB Slips, Beacon Bay, possibly others)
Yes
City
No
LNB
Business License Tax from:
Marine - Related Businesses
Some
Both
No
LNB
Sales & Use Tax (0.01 /100) on:
Small Boats
Yes
Both
No
Ocean, LNB
Yachts
yes
Both
No
Ocean, LNB
Used Vessels (if any)
Yes
Both
No
Ocean, LNB
Parking Lots & Meters
- Big Corona
No
N/A
No
N/A
reet meters that are not on tidelands
No
N/A
No
Activities
ecreation Dept classes on tidelands
Yes
City
No
Ocean, LNB
tal Boats
F
Yes
Both
No
LNB
ak Rentals
Yes
Both
No
LNB
Rentals
Yes
Both
No
Mostly LNB
5
Revenues -Not Included (Cont.)
Recommend
. this
.. .
Beach,or
legal analysis of
be included in
Tidelands 9
.
Tidelands?
Tidelands
Tidelands
revenue?
Revenue?
trust?
projection.
Rents from:
Pearson's Port Fish Market
Yes
County
No
N/A
- Any lost revenue from vacancies associated with
LNB
increased rents
About 1/2
City
No
Other miscellaneous fees and charges from:
Newport Dunes Launch Ramp
Yes
County
No
N/A
Fees for Special Event Permits where the event is on TL
Yes
Both
No
Ocean, LNB
Film Permit Fees where Filming is on Tidelands
Yes
City
No
All
Building Permit Fees for dock construction (new, old)
Most
Both
No
LNB
Lower Bay Dredging
Expenditures Included
Tidelands Expenditures
1P
INCLUDED IN TIDELANDS COSTS
Is it a TL cost we
include
now?
LNB, Ocean
Beach, or UN13
TL Cost?
Recommendlegal
analysis of
elibible expense
in accordance
with trust?
Recommendthis
continue ...
included in
... .
Dredging Costs
Regional General Permit 54
Yes
LNB
- Staff Costs
Yes
LNB
- Consultant Costs (testing, engineering, permitting, other)
Yes
LNB
- Eelgrass Management (survey, policy change, etc)
Yes
LNB
Rine Channel Dredging
Yes
LNB
Lower Bay Dredging
Yes
LNB
Total Dredging Cost
Yes
Harbor Resources Costs
- Mooring Management and Administration (Harbor Patrol Contract)
Yes
LNB
- Removal of Derelict Boats
Yes
LNB
- Sand Replenishment on Bay Beaches
Yes
LNB
- Management of the Balboa Yacht Basin (Contract with Dave N)
Yes
LNB
- Management of the Marina Park Marina
Future
LNB
- Regulation and Inspections of Charter Boats
Yes
LNB
- Regulation and inspections of docks, other harbor structures
Yes
LNB
- Staffing the Harbor Commission, other Harbor Resources Activities
Yes
90% LNB
Ex n i r In luded C
st we LNB, Ocean
Tidelands Expenditures clude Beach, or UNB
arn TL Cost?
Public Works & MOD Costs
n . t. ._ ..-
continue
analysis of .
elibible
in .. .. in
.
with trust? projection.
Protection of Water Quality /NPDES/TMDLs (equipment, engineering,
consulting, etc)
Yes All 3
Management of Infrastructure on Tidelands (maintenance, replacement,
staffing, etc.)
Future
Tidelands Parking Lots
Yes Ocean, LNB
Tide Valves
Yes LNB
Trash Boom
Yes UNB
Beach Cleaning (tractor,refuse cans, storm - related trash, etc)
Yes Ocean
Ocean and Bay Piers, any other city -owned dock
Yes Ocean, LNB
Oil Wells
Yes Ocean
Sea Walls
Yes LNB
consulting for engineering Harbor Facilities
Yes LNB
NAC Capital Improvements (if any)
TBD UNB
Marina Park maintenance (parking lot, Sailing Center, etc)
Future LNB
New capital improvements (dinghy racks, etc)
Yes I LNB
Other Dept Costs
Maintenance of the Marina Park Sailing Center
Future LNB
Contract classes at the MP Sailing Center, beach
Future LNB
Cost Allocation for General Gov't - CM's Office, CA's Office, HR, Finance,
etc.
Yes All
- Police Services to Tidelands
Yes Mostly Ocean
- Fire Services to Tidelands
Yes Mostly Ocean
- Ocean Lifeguarding
Yes Ocean
- Emergency Medical Services to Tidelands
Yes Mostly Ocean
Expenditures Not Included
10
Questions, Comments
11