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<br />GENERAL FUND REVENUE
<br />The following graph reflects the City's General Fund revenue sources for 2025 compared to budget:
<br />General Fund Revenue
<br />Budget and Actual
<br />Taxes
<br />Intergovernmental
<br />Fines and Forfeits
<br />Charges for Services
<br />Licenses and Permits
<br />All Other
<br />i
<br />00
<br />O° ' o°° ' °°o 1190, 1190, 1190, 100, 1190, ' °0, °o°
<br />■ Budget ■ Actual
<br />General Fund revenue for 2025 was $891,899, which was $201,012 (29.1 percent) more than budget.
<br />Licenses and permits revenues were over budget by $79,735, due to the City budgeting conservatively
<br />and there being more activity due to a new school addition in the current year. All other revenues are over
<br />budget $59,813, primarily due to investment earnings being $35,951 over budget due to higher returns
<br />than budgeted. Charges for service are over budget $46,908, primarily due to more construction and
<br />planning activity than anticipated in the budget
<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 as a source of revenue, which represents 70.6 percent
<br />of General Fund revenues in 2025.
<br />S70
<br />$60
<br />$50
<br />$40
<br />$3C
<br />$2C
<br />$1C
<br />General Fund Revenue by Source
<br />Year Ended December 31,
<br />),000
<br />),000
<br />-
<br />),000
<br />-
<br />),000
<br />-
<br />),000
<br />-
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<br />)-000)
<br />Fines and
<br />Charges for
<br />Licenses
<br />All Other
<br />Taxes
<br />Intergovernmental
<br />Forfeits
<br />Services
<br />and Perm its
<br />82021
<br />$453,686
<br />$48,782
<br />$267
<br />$1,957
<br />$27,109
<br />$(1,809)
<br />■2022
<br />$481,016
<br />$18,573
<br />$970
<br />$3,942
<br />$35,072
<br />$2,107
<br />02023
<br />$590,580
<br />$79,647
<br />$902
<br />$5,329
<br />$24,208
<br />$17,248
<br />02024
<br />$621,152
<br />$30,647
<br />S843
<br />1 $31,756
<br />$46,144
<br />$39,629
<br />E20251
<br />$636,828
<br />$20,864
<br />$726
<br />1 $50,058
<br />$109,010
<br />1 $74413
<br />Total General Fund revenue for 2025 was $121,728 (15.8 percent) higher than last year. Licenses and
<br />permits increased $62,866, and all other revenues increased $34,784 for reasons discussed previously.
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