Morano questions the $25 million revenue projection
Morano asks how DOF arrived at the $25 million budget projection and what participation rate it requires. Lee says it is an initial projection that will be updated, and notes DOF traditionally collects $75-80 million annually, with $88 million collected in FY2026.
Thank you, Majority Leader.
Commissioner, one thing that jumped out at me after seeing your testimony,
is the adopted budget assumes $25 million from this program.
How did you arrive at $25 million?
I'm just wondering if that's a conservative estimate, a target, or something else.
It's an initial projection.
It's an initial projection of what is anticipated from this program.
But as we go through the program, those revenue figures will be updated by the time we get through, like, November, preliminary and executive plans.
So what participation rate does that assumption require?
We can get back to you on that one, on the participation rate.
So one distinction I'd like to understand of that projected $25 million, how much represents money you believe the city would have collected anyway without amnesty?
We can follow up on those figures right now.
Besides the $25 million, so including the $25 million, we have currently projected $100.76 million, right?
So traditionally, we are collecting just around the $75 to $80 million mark.
For 2006, we collected $88 million.
So it is in line with our past collection efforts.
26 was at $88 million.
So it is above what we normally collect.