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General Fund Summary <br />47 <br />The following table depicts the 2012 financial activity for the General Fund for the fiscal period ending <br />48 <br />June 30, 2012 (unaudited). <br />49 <br />50 <br />20122012%% <br />BudgetActualActualExpect.Diff. <br />Revenues <br />General property taxes9,857,699$ 5,700,000$ 57.8%56.7%1.2% <br />Intergovernmental revenue874,000 160,416 18.4%22.6%-4.2% <br />Licenses & permits306,000 86,142 28.2%18.0%10.2% <br />Charges for services965,000 500,008 51.8%52.8%-1.0% <br />Fines and forfeits220,000 141,955 64.5%34.1%30.5% <br />Donations- - 0.0%0.0%0.0% <br />Interest earnings83,998 - 0.0%0.0%0.0% <br />Miscellaneous105,000 8,008 7.6%15.0%-7.4% <br />Total Revenues12,411,697$ 6,596,529$ 53.1%51.2%1.9% <br />Expenditures <br />General government1,996,216$ 891,364$ 44.7%45.3%-0.6% <br />Public safety7,943,043 3,874,038 48.8%46.4%2.4% <br />Public works2,472,438 960,456 38.8%41.0%-2.1% <br />Other- - n/an/an/a <br />Total Expenditures12,411,697$ 5,725,857$ 46.1%45.1%1.1% <br />51 <br />52 <br />Comments: <br />53 <br />General Fund revenues and expenditures were near expected levels. License and permits revenues were <br />54 <br />slightly higher than expected due to strong fire permit activity. Fines & Forfeits were also stronger than <br />55 <br />normal due to the capture of additional court fines. <br />56 <br />57 <br />The General Fund is currently in good financial condition with an unassigned cash reserve of 5.2 million or <br />58 <br />44% of the annual operating budget. A small surplus is expected in 2012. <br />59 <br />60 <br />61 <br />Page 3 of 13 <br /> <br />