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Received After Agenda Printed <br />TIDELANDS RFP REVENUES AND EXPENDITURES January 13, 2015 <br />Item No. SS4 <br />Tidelands Revenue Sources <br />i <br />NOT INCLUDED IN TIDELANDS TRUST <br />Is the <br />activity on <br />Tidelands? <br />If Yes, on <br />City or <br />ounty <br />Tidelands <br />Current <br />policy to <br />countas <br />Tidelands <br />revenue? <br />If not, why not? <br />LNB,Ocean <br />Beach,or <br />UNB TL <br />Revenue? <br />Recommendlegal <br />analysis of <br />relevance to <br />trust? <br />Recommendthis <br />be included in <br />financial <br />projection. <br />Marine Charter (Passenger) Tax on: <br />Sport fishing Charters <br />Yes <br />City <br />No <br />Meant to equate to land -based similar service <br />LNB <br />"Party Boat" Charters <br />Yes <br />City <br />No <br />Meant to equate to land -based similar service <br />LNB <br />Any other Charter <br />Yes <br />City <br />No <br />Meant to equate to land -based similar service <br />LNB <br />Property or Possessory Interest Taxes (0.17 of 1 %) from: <br />Boats <br />Most <br />City <br />No <br />General Tax <br />Ocean, LNB <br />Homeson or adjacent to Tidelands <br />Some <br />Both <br />No <br />See discussion in staff report <br />95 %LNB <br />Residential Piers <br />Most <br />Both <br />No <br />General Tax (if assessed by County Assessor). <br />LNB <br />Other PIT (BYB Slips, Beacon Bay, possibly others) <br />Yes <br />City <br />No <br />General Tax <br />LNB <br />Business License Tax from: <br />Marine - Related Businesses <br />Some <br />Both <br />No <br />General Tax. See discussion in staff report <br />LNB <br />Sales & Use Tax (0.01 /100) on: <br />Small Boats <br />Yes <br />Both <br />No <br />General Tax - Also Challenging to track purchase and use. <br />Ocean, LNB <br />Yachts <br />yes <br />Both <br />No <br />General Tax- Also Challenging to track purchase and use. <br />Ocean,LNB <br />Used Vessels (if any) <br />Yes <br />Both <br />No <br />General Tax - Also Challenging to track purchase and use. <br />Ocean, LNB <br />Parking Lots & Meters <br />-Big Corona <br />No <br />N/A <br />No <br />Not tidelands. Is State Parks Property <br />N/A <br />-Any on- street meters that are not on tidelands <br />No <br />N/A <br />No <br />Not on tidelands. <br />Recreation Activities <br />Fee -based Recreation Dept classes on tidelands <br />Yes <br />City <br />No <br />A revenue source completely offset by cost. <br />Ocean, LNB <br />Private Rental Boats <br />Yes <br />Both <br />No <br />No tax or fee generated today. <br />LNB <br />Private Kayak Rentals <br />Yes <br />Both <br />No <br />No tax or fee generated today. <br />LNB <br />Private SUP Rentals <br />Yes <br />Both <br />No <br />No tax or fee generated today. <br />Mostly LNB <br />Rents from: <br />Pearson's Port Fish Market <br />Yes <br />County <br />No <br />County tidelands <br />N/A <br />-Any lost revenue from vacancies associated with increased <br />rents <br />About 1/2 <br />City <br />No <br />We haven't considered this to date. <br />LNB <br />Other miscellaneous fees and charges from: <br />Newport Dunes Launch Ramp <br />Yes <br />County <br />No <br />County tidelands <br />N/A <br />Fees for Special Event Permits where the event is on TL <br />Yes <br />Both <br />No <br />No rent included in fee. Fee would be negated by cost of svc. <br />Ocean, LNB <br />Film Permit Fees where Filming is on Tidelands <br />Yes <br />City <br />No <br />No rent included in fee. Fee would be negated by cost of service. <br />All <br />Building Permit Fees for dock construction (new, old) <br />Most <br />Both <br />No <br />No rent included in fee. Fee would be negated by cost of service. <br />LNB <br />Waterfront Restaurants <br />Few <br />City <br />No <br />No tax, fee or rent generated today <br />LNB <br />INCLUDED IN TIDELANDS TRUST <br />Parking Lots & Meters <br />- Balboa Pier <br />Most <br />City <br />Most <br />Portions not on Tidelands, not included. <br />Ocean <br />- Any other lots on tidelands <br />Yes <br />City <br />Yes <br />90% Ocean <br />- Any on- street meters that are on tidelands <br />Yes <br />City <br />Yes <br />90% Ocean <br />Rents from: <br />Balboa Yacht Basin Activities <br />a portion <br />City <br />Portion <br />LNB <br />- Garages <br />Aboutl /2 <br />City <br />Yes - half <br />LNB <br />- Apartments <br />Aboutl /2 <br />City <br />Yes - half <br />LNB <br />-Slip Rentals <br />About 1/2 <br />City <br />Yes - half <br />LNB <br />Tidelands Sources of Revenue and Expenditures 01- 13- 15V2.2 <br />