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GOVERNMENTAL FUNDS :REVEN`UE AND EXPENDITURES <br />The following table presents the. per- capita revenue of* the City's- governmental funds: tbr the past <br />three years, along Nvith state-Nvide averages. <br />We have included the most recent comparative state-wide averages available. from the Office of the Sxate <br />Auditor -to provide a benchmark for interpreting -die.lCity's data. The -amounts received from the typical <br />major sources of governmental fund revenue will naturally vary betvueen:dities based on :factors such as a <br />pity's stage .of development, location, size.. and density of .its population, property values, services it <br />provides. and .other. attributes —It will atso- differ from .year-to=year, due to the effect of inflation and <br />changes in its operation- Also, certain data in these tables may be classified differently than how they <br />-appear in the City's. financial statements in. order to. be .more comparable to the state-wide information, <br />particularly in separating capital expenditures from current expenditures.. <br />We have designed this section of our management report using per capita data inorder to better.identify <br />unique or. unusual trends and activities of the -City. An inherent difficult} in presenting. 'per capita <br />information is the.aceuracy of the populatioweount, which far most years is based on estiiriates. <br />Governmental Funds. Revenue per Capita <br />With State -Wide Aver..ages-by Population Class <br />State -Wide -0-of 66m.Lake <br />Year 2022 2022 2623 2024 <br />Population 2,000.-2;500 530: 557 557 <br />Property taxes <br />Tax increments <br />Franchise and other taxes. <br />Special assessments <br />Licenses and permits. <br />Intergovernmental revenues <br />Charges for services <br />Other <br />Total revenue <br />S 591 .$ 14032 S 1,I15 S' 1,244 <br />3.1 <br />— <br />— <br />31 <br />37 <br />IT <br />17 <br />44 <br />188 <br />170 <br />t73 <br />29 <br />66 <br />43 <br />83 <br />447 <br />35 <br />143. <br />-55 <br />177 <br />7 <br />10 <br />5-7101 <br />(7) <br />87- <br />1-15 <br />S 1,451 $. 11358 S 1,665 S. 1,744 <br />The City's, governmental funds..revenue-for, 2024 was: $911.68 , an increase of $44,269 (4.8 percent), or <br />$79 per capita, from the prior year: <br />T'he.. largest changes in the-table.above. occurred -in intergovernmental revenues, licenses and permits, and <br />charges for services. Intergovernmental revenues decreased $88 per capita from the prior year, due to the <br />City spending federal COVID-19-related fiscal recovery funds in the prior year, along with receiving new <br />pub€ic safety state aid in the._prior year. -Licenses and -permits and charges for services increased related to <br />building activity at -the school district: <br />-7 <br />