Revenue Forecast Report

The Revenue Forecast Report for the City of Los Angeles provides a current and updated revenue estimate for fiscal year 2017-18 and revenue projections for fiscal year 2018-19.

Also included are the estimated requirements for debt service and General Fund cash flow borrowing.

The Forecast is issued pursuant to the Controller’s City Charter mandate to monitor and report on all matters relating to the City’s fiscal health, to keep the City’s official financial records, and to supervise expenditures of the City.

Read the full report by downloading it here.


Revenue

General Fund

The City is estimated to realize General Fund revenues in the current fiscal year of approximately $5.79 billion.

Total 2018-19 General Fund revenues are projected to be $5.96 billion.

The City’s General Fund revenue comes from a wide variety of sources. The largest single source is Property Tax, which represents just under one third of all General Fund revenue.

Special Funds

Special Fund revenues represent approximately 30 percent of total 2017-18 Adopted Budget receipts.

Total Special Fund revenues for fiscal year 2017-18 are estimated to be $2.63 billion. 2018-19 Special Fund revenues are projected to be $2.82 billion.

Explore the revenue data in more detail through our interactive data visualization.


Debt

The estimated City debt service requirement for fiscal year 2018-19 is $585 million.

$119 million of this amount is for principal and interest payments on the City’s roughly $844 million in outstanding General Obligation Bonds (GOB).

In total, debt service is projected to be 5.72 percent of projected 2018-19 General Fund receipts, well under the 15 percent limit set by the City’s Debt Policy.

Explore the debt data in more detail through our visualizations below:


Download the data

The revenue data are available as an Excel spreadsheet (xls) or as a text file of comma-separated values (csv).

xls csv