3.0. SR 05-17-1999 - Laserfiche WebLink

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-. . . GENERAL FUND TRENDS The statistical section of the Comprehensive Annual Financial Report contains valuable information on how the General Fund's revenue sources and expenditures by function have changed over the last ten years. In order to more easily understand the information, it has been put in graph form so that changes are easy to recognize. General Fund Revenues bv Source The first graph plots General Fund revenues by source for the last ten years. Fine revenue has remained almost constant for the ten year period. Licenses and permits, charges for service, and miscellaneous revenues have more than doubled over the last ten years. Intergovernmental revenues have increased slightly over the ten year period although several years showed decreases. As you can see, in 1989 property tax and intergovernmental revenues were very similar, each contributing between 37 and 38 percent of the total General Fund revenues. As the Legislature changed funding formulas and shifted aids from the City to the schools, intergovernmental revenues decreased slightly and larger property tax increases were needed to generate the same amount of revenue. As the intergovernmental revenues shifted, the City's share of the property tax collections increased while the school's levy was offset by additional state aid. Recent increases in intergovernmental aids relate to revenues mainly for police programs. GENERAL FUND REVENUES BY SOURCE TEN YfAR HISTORY (1989 - 1998) (Excluding Transfers In) 6,000,000 -+- Property Taxes ___ Licenses & Permits Intergvnrrtl ~ Rnes --*-Chgs for Service & Msc. -+- Total Revenues 5,000,000 4,000,000 III ... ~ 3,000,000 o 2,000,000 1,000,000 OJ ex> OJ .... ~ Oi OJ OJ .... .... N (<) ...,. 10 OJ OJ OJ OJ OJ OJ OJ OJ ,... "I"'"" ...... or- <D ...... OJ OJ OJ OJ .... .... ex> OJ OJ .... Year 10