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The following tabies show year-end General Fund balances as compared to the
<br />adopted budget of the following year.
<br />1980
<br />1981
<br />1982
<br />1983
<br />1984
<br />Fund Balance
<br />General Beginning of year
<br />Fund Budget Amount % of Budget
<br />$3,256,698 $1,283,069 39.3
<br />3,550,468 1,374,437 38.7
<br />3,858,438 1,553,396 40.3
<br />4,082,045 1,805,542 44.2
<br />4,294,589 2,206,895 51.4
<br />The amount of revenue from various sources and the changes from last year are
<br />shown in the following tabulation:
<br />Revenue Source
<br />General property taxes
<br />� License and permits
<br />Intergovernmental revenue
<br />Charges for service
<br />Fines and forfeits
<br />I Miscellaneous
<br />Transfers
<br />Tota1 revenue
<br />1983
<br />Amount
<br />$1,697,438
<br />338,142
<br />1,501,426
<br />380,004
<br />105,744
<br />165,244
<br />71,321
<br />54,259,319
<br />Percent
<br />of Total
<br />39.8%
<br />7.9
<br />35.3
<br />8.9
<br />2.5
<br />3.9
<br />1.7
<br />100.0%
<br />Increase
<br />(Decrease)
<br />From 1982
<br />$118,906
<br />10,177
<br />153,245
<br />71,653
<br />36,061
<br />(59,233)
<br />25,213
<br />5356,022
<br />Assessed valuations of $320,888,258 represented an increase of 7.9% over the
<br />preceding year. General property taxes accounted for 39.8% of the revenues, and
<br />current tax collectio�s were 99.0% of the total tax levy for the year 1983. This
<br />is the tenth consecutive year current property tax collections have exceeded 95.4%.
<br />Intergovernmental revenues accounted for 35.3% of the revenues.
<br />Increases in levels of expenditures for major functions of the City over the
<br />preceding year are shown in the following tabulation;
<br />Expenditures by Function
<br />General government
<br />Public safety
<br />Public works
<br />Other
<br />Capital outlay
<br />Transfers
<br />Tota1 expenditures
<br />1983
<br />Amount
<br />$ 701,834
<br />1,918,990
<br />1,044,519
<br />162,077
<br />20,239
<br />10,307
<br />$3,857,966
<br />Percent
<br />of Total
<br />18.2%
<br />49.7
<br />27.1
<br />4.2
<br />.5
<br />.3
<br />100.0%
<br />Increase
<br />(Decrease)
<br />From 1982
<br />$ 51,844
<br />65,572
<br />85,500
<br />10,776
<br />377
<br />7 254)
<br />$206,515
<br />These increases in expenditures did not result from any major new programs.
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