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2016 08-23 CC PACKET
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2016 08-23 CC PACKET
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1/21/2026 2:36:15 PM
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1/20/2026 12:24:28 PM
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Administration
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ADM 05000
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AGENDA PACKETS
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PERMANENT
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balances) until that tax payment is received. The good nears is. the City received the July tax <br />settl.ernent 6n July 2"d in the amount of $203,030.40, <br />Cornpari.sion of Revenues, <br />Expenditures, &. Cash. Balances <br />2ML"060:L117 <br />140,000.0n <br />120,000.00 <br />1a0,oaO.00 <br />40,000= <br />20,00a.00 <br />M <br />.Revenues <br />W" Expendit.ure5 <br />d:.�•-,-s.Cash Balance <br />For the year the City has received 13.45% of`the budgeted revenue through the first half of the <br />year, which is behind last year st this time when the City bad collected 14,87%. Building permit <br />revenue is up from $5,058.05 in 2016.to $6,591..45 fn 2016. The decrease results from <br />decreases in interest earnings and zoning charges. Interest earning for 2015 are. $263,99 <br />compared to $1,955.23 in 2015 at this time, The City.has collected $10M-0 for zoning charges <br />for 2015., whereas last year the City had collected $4,300;00: Police State Aid is also dawn. <br />from $4,401.00 in 415 to $3,283.00 in 2016. The goad news is fine revenue is up from <br />$1;456;75 in 2015 to $2;387.50. in .2016. The chart on the following page compares. budget to <br />actual revenues for the last three years. For this chart the monthly revenues are 111V of the <br />total revenue budget with the exception of property taxes which are included in the July and <br />December budget numbers only. <br />
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