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General Fund
<br />The table below shows a five-year comparison of funding sources, uses, and changes in fund balance for
<br />the General Fund; the City’s primary operating fund.
<br />20132014201520162017
<br />Funding Sources
<br />ActualActualActualBudgetBudget
<br />Property Taxes$10,065,348$10,173,073$10,236,716$10,771,905$11,044,390
<br />Intergovernmental1,053,778991,9701,031,1101,002,000961,000
<br />Licenses & Permits384,467416,659396,247403,500323,000
<br />Charges for Services1,241,970221,728212,120123,730193,000
<br />Fines & Forfeits236,510204,799135,479240,000168,000
<br />Interest Earnings(241,261)338,36474,43130,00030,000
<br />Other Revenue164,69996,73583,54844,50040,000
<br />Total Sources12,905,51112,443,32812,169,65112,615,63512,759,390
<br />Funding Uses
<br />General Government2,411,1232,193,3142,323,8822,239,5152,286,445
<br />Police6,646,7906,701,9246,863,4436,972,6307,214,025
<br />Fire1,571,6571,661,0201,826,4761,922,0152,064,295
<br />Fire Relief299,233341,617220,012209,000209,000
<br />Public Works2,333,8022,397,2132,211,9042,795,9752,845,235
<br />Other-----
<br />Total Uses13,262,60513,295,08813,445,71714,139,13514,619,000
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<br />Other Sources (Uses)
<br />Transfer In (Out)-926,471962,1481,148,0001,048,000
<br />Other-----
<br />Total Other Sources (Uses)-926,471962,1481,148,0001,048,000
<br />Excess of Funding Sources
<br /> Over (Under) Funding Uses(357,094)74,711(313,918)(375,500)(811,610)
<br />Fund Balance - Jan 1st6,564,9876,207,8936,282,6045,968,6865,593,186
<br />Fund Balance - Dec 31st$6,207,893$6,282,604$5,968,686$5,593,186$4,781,576
<br />Discussion Items
<br />During the period 2013-2017,overall funding sources for the City’s General fund operations remained
<br />fairly flat partially relying on excesscash reserves. The City’s tax levy increased steadilyduring this
<br />periodaveraging 2%peryear.In 2017, the increase was specifically designated for added personnel-
<br />related costs as well as contractual maintenance and professional services.
<br />Beyond 2017,it is expected that the General Fund’s tax levy will increase somewhat above inflationary-
<br />type levels. This will be necessary tooffset expected personnel-related costsand other inflationary impacts
<br />as well as eliminate the use of cash reserves to fund the operating budget.
<br />License and permits revenue is also expected to remain nearcurrent levels for the foreseeable future. The
<br />City is not anticipating any significant changes in the issuance of business licenses and permits, nor do we
<br />project that the regulatory costs incurred by the City will change in any significant manner. As such,
<br />overall revenues should remain largely unchanged.
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