Laserfiche WebLink
<br /> TAX SUPPORTED SERVICES <br />. <br /> THE CITY'S FINANCE POLICY USES PROPERTY TAXES FOR PROGRAMS OF A GENERAL BENEFIT. <br /> EXAMPLES OF SUCH PROGRAMS ARE GENERAL FUND OPERATING DEPARTMENTS SUCH AS FIRE, <br /> POLlCE,PARK MAINTENANCE,AND STREET MAINTENANCE.IN ADDITION, PROPERTY TAXES ARE <br /> USED TO SERVICE PREVIOUS DEBT OBLIGATIONS. <br /> THE HISTORY OF THE TAX LEVY FOR THE PERIOD FROM 1991 TO 1994 IS PRESENTED IN THE <br /> FOLLOWING TABLE. <br /> LEVY HISTORY <br /> 1991 1992 1993 1994 <br /> I GENERAL FUND $1,529,064 $1,421,582 $1,481,472 $1,718,918 <br /> DEBT FUNDS 107,281 108,096 108,528 39,656 <br /> TREE DISEASE CONTROL 3,000 Q Q Q <br /> TOTAL LEVY $1,529,064 $1,529,678 $1,590,000 $1,758,574 <br /> PERCENT CHANGE 6.06% 0.04% 3.94% 10.60%1 <br />. GENERAL FUND REVENUE STRATEGY <br /> THE GENERAL FUND RECEIVES 98% OF THE CITY'S TAX LEVY BECAUSE MOST ALL PROGRAMS OF <br /> GENERAL BENEFIT ARE ACCOUNTED FOR HERE. IN ADDITION TO PROPERTY TAXES, THE GENERAL <br /> FUND IS FINANCED WITH STATE AIDS AND CUSTOMER CHARGES. THE NEXT TABLE SHOWS THE <br /> ALLOCATION OF REVENUES. <br /> CHANGE <br /> ADOPTED RECOMENDED FROM 1993 <br /> REVENUE SOURCE 1993 1994 TO 1994 <br /> PROPERTY TAXES $1,382,850 $1,555,204 <br /> I <br /> 1 STATE AIDS /INTERGOVERNMENTAL 199,145 260.585 <br /> CUSTOMER CHARGES/OTHER 296,578 230.568 <br /> TOTAL GENERAL FUND REVENUE $1,878,573 $2,046,357 I <br /> """"1 <br /> PERCENT CHANGE 8.93% <br />. <br />