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<br />GENERAL FUND REVENUES
<br />
<br />The following graph reflects the City’s General Fund revenues, budget and actual, for 2020:
<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 2020 were $5,229,541, which was $332,821 (6.8 percent) over the final
<br />budget. Intergovernmental ($477,752) and other ($63,684) were over budget, due to coronavirus relief
<br />funds awarded mid-year, and conservative budgeting for the other less predictable sources. Licenses and
<br />permits, along with charges for services were under budget, due in part to the ongoing COVID-19
<br />pandemic as previously mentioned.
<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 />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 />2019 $3,795,624 $714,530 $162,041 $440,616 $312,094
<br />2020 $3,629,819 $431,628 $629,432 $215,918 $322,744
<br />$–
<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 2020 were $195,364 (3.6 percent) less than prior year. Taxes were down
<br />in the General Fund, due to a change to recognize certain levies directly into the fund where the resources
<br />are utilized. The COVID-19 pandemic contributed to the increase in federal funding reported within
<br />intergovernmental revenues and with the decrease in charges for services, with cancelations of parks and
<br />recreation and other programs. Licenses and permits fluctuated, with several large projects occurring in
<br />the community in recent years.
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