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<br />GENERAL FUND REVENUES
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<br />The following graph reflects the City’s General Fund revenues, budget and actual, for 2018:
<br /> Other
<br /> Charges for Services
<br /> Intergovernmental
<br /> Licenses and Permits
<br /> Taxes
<br />General Fund Revenue
<br />Budget to Actual
<br /> Budget Actual
<br /> Total General Fund revenues for 2018 were $4,882,681, which was $8,052 (0.2 percent) over the final
<br />budget. Licenses and permits ($201,844) and charges for services ($27,103) were over budget, due to
<br />conservative budgeting for these sources. Taxes were $216,414 below anticipated levels, due to
<br />abatements and adjustments on delinquent balances.
<br />
<br />The following graph presents the City’s General Fund revenues by source for the last five years. The
<br />graph reflects the City’s reliance on property taxes:
<br /> Taxes Licenses and
<br />Permits Intergovernmental Charges for
<br />Services Other
<br />2014 $3,210,025 $327,727 $136,249 $400,224 $230,518
<br />2015 $3,203,004 $518,846 $130,023 $496,908 $313,787
<br />2016 $3,260,537 $598,686 $131,914 $577,041 $234,811
<br />2017 $3,541,705 $729,197 $151,425 $590,141 $218,672
<br />2018 $3,578,628 $526,444 $149,097 $427,905 $200,607
<br />$–
<br /> $500,000
<br /> $1,000,000
<br /> $1,500,000
<br /> $2,000,000
<br /> $2,500,000
<br /> $3,000,000
<br /> $3,500,000
<br /> $4,000,000
<br />General Fund Revenue by Source
<br />Year Ended December 31,
<br />Total General Fund revenues for 2018 were $348,459 (6.7 percent) less than prior year. Licenses and
<br />permits and charges for services decreased $202,753 and $162,236, respectively, due to decreased
<br />building activity in the current year.
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