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Transmittal Letter <br />April 23, 2001 <br />2000 General Fund Revenues by Source <br />Other <br />Transfers <br />Revenue <br />Charges for <br />from Other <br />0.29% <br />SefVjCeS <br />Funds <br />Fines 9.43% <br />4.37% <br />1.89% - <br />Intergovtl <br />Property Tax <br />Revenues <br />52,04% <br />17.55% <br />Licenses & <br />Permits <br />Interest <br />11.87% <br />2,56% <br />General property tax accounts for more than half of the General Fund's total revenues. Taxes <br />increased $231,367 in 2000 but fell short of the proposed budget due to a large property tax <br />abatement for an industrial building in which two years of previously paid taxes were refunded in <br />2000 in accordance with a tax court settlement. <br />Licenses and permits revenues increased almost fifty percent in 2000 to $749,888. The majority <br />of this increase, $219,456, came from building related fees such as building, plumbing, and <br />heating permits. <br />Intergovernmental revenues increased slightly in 2000 to $1,109,078 but decreased as a percent <br />of total General Fund revenues. Matching COPS grants from the Federal government and other <br />state police grants started decreasing in 1999 as the City's share of the matching grant <br />increased. These grants will end in 2001. <br />Charges for services totaled $596,203 in 2000. This represents an increase of $105,006 most of <br />which is from growth related planning and development fees. Decreases in administrative <br />project fees and school liaison charges were offset by increases in other fees including planning <br />fees. Administrative project fees will increase in 2001 when improvement projects started in 2000 <br />are completed. <br />Fine revenue remained consistent with previous years increasing slightly to $119,421. <br />Interest income increased $108,181 in 2000 to $161,759. Part of this increase is due to the fair <br />value increase in the investments. <br />Other revenues decreased to $18,396 in 2000. Fewer refunds and reimbursements were <br />collected causing the decrease. <br />Transfers from other funds totaled $276,400 in 2000, a decrease of $33,400 from 1999. Transfers <br />in from the Development fund to offset Local Government Aid losses resulting from tax increment <br />districts decreased from $16,522 to $3,900. Transfers in from the Capital Outlay Reserve for the <br />D.A.R.E. programs decreased from $42,778 to $20,000. <br />Vii <br />