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<br />GENERAL FUND REVENUES
<br />
<br />The following graph reflects the City’s General Fund revenues, budget and actual, for 2022:
<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 2022 were $5,306,436, which was $206,186 (4.0 percent) over the final
<br />budget. Conservative budgeting and elevated development activity contributed to certain categories
<br />exceeding amounts planned in the budget, as seen in the graph above. Other was under budget, due to
<br />unfavorable market adjustments for the City’s investments at year-end.
<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 />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 />2021 $3,763,384 $752,532 $160,279 $459,638 $168,757
<br />2022 $3,829,079 $830,866 $174,405 $476,574 $(4,488)
<br /> $(500,000)
<br />$–
<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 /> $4,500,000
<br />General Fund Revenue by Source
<br />Year Ended December 31,
<br />
<br />Total General Fund revenues for 2022 were $1,846 more than prior year. Taxes were up in the General
<br />Fund, due to an increase in the tax levy. Licenses and permits and charges for services were up in the
<br />current year, with several projects occurring in the community. Intergovernmental revenues were also up,
<br />slightly over amounts reported last year. Other sources were down, due to the unfavorable market
<br />adjustments reported in the current year, as noted earlier.
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