|
With regard to the limitation,this year's computation of it differs
<br />from previous years. Since 1971, the limitation has been calculated
<br />as an increment over the previous year's limitation. For 19II2, the
<br />limitation is simply an increment over last year's actual levy. Thus,
<br />the margin that it has been possible to build since 1971 has been lost
<br />in 1982.
<br />Revenue
<br />Following is a summary of revenues included in the 1952 budaet:
<br />Source
<br />Property Tax
<br />Intergovernmental
<br />Licenses and Permits
<br />Court Fines
<br />Charges for Services
<br />Special Assessments
<br />Transfers
<br />iotal
<br />1981
<br />Adopted
<br />$3,095,843
<br />1,409,245
<br />229,410
<br />35,000
<br />3,357,336
<br />577,084
<br />684,395
<br />19II2
<br />Proposed
<br />�3,460,645
<br />1,393,075
<br />257,900
<br />40,000
<br />3,916,170
<br />547,595
<br />883,638
<br />$9,388,3i3 $10,499,023
<br />Amount
<br />Increase
<br />(Decrease)
<br />$ 364,802
<br />(16,170)
<br />28,490
<br />5,000
<br />558,834
<br />(29,4Q9)
<br />199,243
<br />$1,1i0,i10
<br />Percent
<br />Increase
<br />Decrease
<br />11.78%
<br />(1.15%)
<br />12.42%
<br />14.29%
<br />16.65%
<br />(5.11%)
<br />29.11%
<br />i1.&3%
<br />There are three areas of note in the above chart. First, intergovernmental
<br />revenue is down 1.15%. This reflects a decrease in Dutch Elm aid and
<br />elimination of the state health arant.
<br />A second area is the decrease in Special Assessments. This reflects a de-
<br />crease in the amount of special assessments outstanding at this time.
<br />Third, Transfers are up 29.11%, primarily as a result of the transfer to
<br />Permanent Improvements from Water Operating revenues to cover the cost for
<br />cleaning and painting the water tower.
<br />Expenditures
<br />Total proposed expenditures for 1982
<br />of 11.83%, or $1,110,710 over 1981.
<br />pared to 1981 are as follows:
<br />Cateoory
<br />Personal Services
<br />Current Expenses
<br />Capital Expenditures
<br />Debt Services
<br />Total
<br />19II1
<br />Adopted
<br />$3,046,993
<br />4,1II9,463
<br />363,940
<br />1,787,917
<br />are $10,499,023. This is an increase
<br />Plajor categories of expenditure com-
<br />1982
<br />Proposed
<br />a 3,369,336
<br />4,695,991
<br />5U,427
<br />1,916,269
<br />Dotlar
<br />Increase
<br />(Decrease)
<br />$ 322,343
<br />506,528
<br />153,487
<br />128,352
<br />$9,3II8,313 �10,499,023 �1,110,710
<br />Percent
<br />Increase
<br />(Decrease)
<br />10.58%
<br />12.09%
<br />42.17%
<br />7.18%
<br />11.83%
<br />
|