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Annual_Report_1982_001
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Annual_Report_1982_001
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The amount of revenue from various sources and the changes fx•om last year <br />are shoivn in the folloiving tabulation: <br />Revenue Source <br />General property taxes <br />License and permits <br />Intergovernmental revenue <br />Charges for service <br />Fines and forfeits <br />'; btiscellaneous <br />Transfers <br />T'otal revenue <br />1982 <br />Amount <br />$1,578,532 <br />s27,965 <br />1,348,131 <br />308,351 <br />69,683 <br />224,477 <br />46,108 <br />$3,903,297 <br />Percent <br />of Total <br />40.d% <br />s. a <br />34.5 <br />7.9 <br />1.3 <br />5.3 <br />1.2 <br />100.00 <br />Increase <br />(Decrease) <br />From 1981 <br />$208,153 <br />14,671 <br />(91,432) <br />51,154 <br />21,428 <br />19,516 <br />4,036 <br />$227,526 <br />Assessed valuations of �297,425,292 represented an increase o£ 10.2°0 over <br />the preceding year. General property taxes accounted for 40.4o of the <br />revenues, and current tax collections were 99.Oo of the total tax levy <br />for the year 1932. This is the tenth consecutive year current property tax <br />collections have exceeded 95.2�. Intergovernmental revenues accounted for <br />34.5� of the revenues. Local �overnment aid decreased in 1982 due to a <br />state-wide reduction passed by the State Legislature. <br />Increases in levels of expenditures £or major functions o£ the City over the <br />preceding year are shown in the following tabulation: <br />ExPcnditures by Function <br />� General government <br />i Public sa£ety <br />Public works <br />Othe r <br />�, Capital outlay <br />Transfers <br />`Potal expenditures <br />1982 <br />Amount <br />$ 649,990 <br />1,853,418 <br />959,019 <br />151,301 <br />19,862 <br />17,561 <br />$3,651,151 <br />Pe rcent <br />of Total <br />17. 8% <br />50.8 <br />26.3 <br />4.1 <br />.5 <br />.5 <br />100.0a <br />Increase <br />(Decrease) <br />Prom 1981 <br />$ 28,409 <br />134,902 <br />11,041 <br />17,394 <br />13,185 <br />(50,592) <br />$154,339 <br />These increases in expenditures did not result from major new programs, but <br />from the continued impact of inflation. <br />Tlie mill rates by purpose for these fiscal years is as follotias: <br />Pu ose <br />General Fund <br />Long-Term Debt <br />All Other Funcls <br />Total Tax Rate <br />1982 1981 <br />6.69 6.59 <br />2.79 2.11 <br />2.16 2.75 <br />11.64 ll.43 <br />- �- <br />1980 1979 <br />7.27 3.2( <br />3.24 3.34 <br />2.54 2.12 <br />13.05 13.72 <br />
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