Laserfiche WebLink
The major sources of intergovernmental revenues for the city include Homestead and Agricultural Credits <br />and Aids (HACA). HACA dollars generally account for over half of all intergovernmental revenues. <br />Other major intergovernmental revenues include municipal state road aid (MSA) and state aid for public <br />safety. <br />Intergovernmental Revenues <br /> Comparison <br />1997Actual <br />¥ <br />Actual <br />  <br />1998 <br />Actual <br />f– <br />1999 <br />2000 <br />Budget <br />2001 <br />Budget <br />In the past years, actual intergovernmental revenues have been increasing, however, the instability of state <br />aid statutes forces the City to budget at a more likely level. <br />Interest Earnings <br />Investment interest earnings are consistently a major source of revenue for the city. The actual earnings <br />reported in 1997-1999 are a direct function of interest rates and cash reserve balances. The projected <br />interest rates and reserves for 2000-2001 were predicated on lower reserves and interest rates. <br />Interest Earnings <br /> Comparison <br />4 <br />1997Actual <br />  <br />1998Actual <br />1999Actual <br />2000Budget <br />2001Budget <br />III- 10 <br /> <br />