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General rund (Continue <br />General property taxes accounted for 37.30 of the revenues and current tax <br />collections were 98.9% of the total tax levy for the year 1931. This is <br />the tentll consecutive year current property tax collections have exceeded <br />95.0%. Intergovernmental revenues accounted for 41.6% of the revenues. <br />The increase in intergovernmental revenue came primarily from the state <br />homestead credit, which was increased from a maximum of �550 in 1980 to <br />$650 in 1981 per homestead. Total local government aid decreased in 1981 <br />due to a state-wide reduction ordered by t11e Governor, <br />Increases in levels of expenditures for major functions of the City over the <br />preceding year are shown in the following tabulation: <br />1981 <br />enditures by Function F�mount <br />General government <br />Public safety <br />Public works <br />Other <br />Capital outlay <br />Transfers <br />Total expenditures <br />$ 621,581 <br />1,718,516 <br />947,978 <br />133,907 <br />6,677 <br />68,153 <br />�3,496,812 <br />Percent <br />of Total <br />17.8% <br />49.2 <br />27.1 <br />3.8 <br />.1 <br />2. 0 <br />100.00 <br />Increase <br />(Decrease) <br />from 1980 <br />$ 74,203 <br />163,725 <br />73,298 <br />(90,274) <br />( 689) <br />20,107 <br />$240,370 <br />These increases in expenditures did not result from major new programs, but <br />from the continued impact of inflation. <br />Assessed valuations of $269,948,296 represented an increase of 25.80 over <br />the preceding year. Part of the increase in assessed valuation was due <br />to a court ruling declaring the concept of limited market value wicon- <br />stitutiona L To comply wit11 this ruling, the Legislature moved to eliminate <br />this concept during 1980 and 1981. <br />Tlie mill rates by purpose for these fiscal years is as follows: <br />Purpose <br />General Fund <br />Bond and Interest <br />Al1 Other Funds <br />Total Tax Rate <br />ecial Revenue Funds <br />1981 1980 197° <br />6.59 7.27 8.26 <br />2.11 3.24 3.34 <br />2.73 2.54 2.12 <br />11.43 13.05 13.72 <br />The Recreation Fund accounts for the revenues and expenditures in the admin- <br />istration, maintenance and participant activities sections of the Parks and <br />Recreation Department. Revenues come from general property taxes and charges <br />_. _ _. � , - _. <br />for service. This de�rtment administers all park and recreation progra.ms_, <br />_ ..___...,.. <br />i eluding the golf course and ice arena, and is raspo�isible for the maintenance <br />�_ .____,___. <br />in all tiaenty-four City-owned parks. ""--- -''-`' " <br />-�- <br />