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General Fund Summary 55 The following table depicts the 2008 financial activity for the General Fund for the fiscal period ending 56 September _30, 2008 unaudited). "7 Revenues General prop erty taxes Intergovernmental revenue Licenses & permits Charges for services Fines and forfeits Donations Interest earnings Miscellaneous Total Revenues Expenditures General government Public safety Public works Other 2008 2008 % oyo uB Actual Actual E Diff. 8.18 4.102 4 .145 3, 143 50.3% 50.0% 0.3% 899.1000 298.1721 33.2% 60.1% -26.9% 302.1400 107.1363 35.5% 26.8% 8.7% 875.1000 704.1200 80.5% 71.2% 9.3% 283.1000 169.1879 60.0% 73.5% 13.4% -1 -1 n/a n/a n/a 268.1825 -1 0.0% 0.0% 0.0% 270.1000 92.1327 34.2% 50.2% -16.0% $ 11.1752.1250 $ 5.1825.1633 49.6% 51.6% -,2.0% 1.1759.1695 1.1201.1913 68.3% 68.7% -0.4% 7.1514.1680 5.1402.1683 71.9% 73.2% -1.3% 2.1427.1875 1.1824.1401 75. 1% 74.3% 0.9% -1 -1 n/a n/a n/a Total Expenditures $ 11.1702.12 50 $ 8.1428.1997 72.0% 72.8% -,0.8% 59 Comments.- 6 ('_) General Fund revenues and expenditures were near expected levels. Notable exceptions include.- 6 1 62 1), Intergovernmental revenue was lower than expected due to delayed Police State Aid and the 63 delayed transfer of surplus monies from the License Center. 64 2), General government expenditures were slightly lower than expected despite higher motor fuel and 65 energy-related costs. 67 There are no immediate concerns regarding the General Funds' financial condition, other than a general 68 recommendation to strengthen overall reserves levels. The General fund current has a cash reserve of $,4.2 69 million or 35% of the annual operating budget. The General Fund is likely to become increasingly reliant "7 4w. on property taxes for future funding, as most non-tax revenue sources are expected to remain stagnant. Page 4 of 14