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GOVERNMENTAL FUNDS. REVENUE AND :EXPENDI'I'L'RES <br />The following table presents the per capita,revenue of the City'.s government4l funds for the past three years, <br />Along with state-wide averages. <br />We have. included the mostftcent comparative state-wide averages available from*the Office of. the State <br />Auditor to provide. a benchmark for interpreting the Gity's. data. The amounts received from the typical <br />major sources of governmental fund revenue will naturally vary between. cities based on factors such as a <br />city's stage of development; location, size and density. of its population, property values, services it <br />provides, and other attribtites. It will also differ-fiotn year-to-year, due -to the effect of inflation and changes . <br />in.its operation: Also, eertain data in these tables may be classified differently than how they appear in the <br />City'.s.. financial statements in orderto be more comparable to the state-wide information, particularly In. <br />separating capital expenditures from cwrent expenditures. <br />We; have designed this section of our management report using. per. capita dale in order to better identify <br />unique or unusual trends .and activities of the City. An inherent difficulty t.n presenting. per capita <br />inforinatioi is the accuracy ofthe population count, which for most years. is based on estimates. <br />Governmental Funds Revenue per Capita <br />With State -Wide Averages by Population. Class <br />State -Wide <br />City <br />of Gem Lake <br />Year <br />2019 <br />2020 <br />20.19 <br />2020 <br />202.1 <br />Population <br />2,000 2 500 <br />2,000=2,500 <br />467 <br />528 <br />528 <br />Property taxes <br />$ 522 <br />$ 546 <br />$ 952 <br />.$ ,1.,055 '$ <br />.1,014 <br />Tax increments <br />35 <br />2� <br />— <br />-- <br />— <br />Franchise and.othertaxes <br />1:6 <br />26 <br />— <br />— <br />16 <br />Special assessments <br />64 <br />50: <br />264 <br />222 <br />204 <br />Licenscs and permits <br />30 <br />24' <br />207 <br />60 <br />51 <br />Intergovernmental revenues. <br />377 <br />541 <br />36. <br />19 <br />92 <br />Charges'forservices <br />447 <br />143 <br />41 <br />3 <br />4 <br />Other <br />j18_ <br />1I7 <br />57 <br />36 <br />14 <br />Total revenue $ 1•304 $ 11476 $� 1� 563 $ 1,395 $ 1,395 <br />The.City's governmental fund revehues;for 1021 were.$736,161, a decrease.of $275 (less than 0.1 percent), <br />or $0 per capita, from the prior year. <br />The.largest changes in the table above occulritd.:in.property`tax revenues and intergovernmentaLrevenues. <br />Property taxes decreased $41 per capita from the prior. year, due to a decrease in pending petitions and <br />.delinquent collections. Intergovernmental revenues increased $73 percapita from the prior, due to.the:City <br />receiving small cities assistance aid and federal COVID-l9 funding with no similar grants received in the <br />prior year.. <br />-7- <br />