Annual_Report_1984_001 - Laserfiche WebLink

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Increases in levels of expenditures for major functions of the City over the preceding year are shown in the following tabulations: Expenditures By Function General government Public safety Public works Other Capital outlay Transfers Total Expenditures 1984 Amount $ 741,700 1,975,837 1,090,050 182>330 11,870 10,600 $4,012,387 Percent of Total 18.57 49.2 27.2 4.5 .3 .3 100.0% Increase (Decrease) From 1983 $ 39,866 56,847 45,531 20,253 (8,369) 293 $154,421 These increases in expenditures did not result from any major new programs. The mill rates by purpose for these fiscal years are as follows: Purpose General Fund Bonded Debt Funds All Other Funds Total Tax Rate Special Revenue Funds 1984 1983 1982 1981 1980 i.50 3.02 2.03 6.57 2.61 2.18 6.69 2J9 2.16 12.55 11.36 11.64 6.59 7•27 2.11 3.24 2.73 2.54 11.43 13.05 The Recreation Fund accounts for the revenues and expenditures in the administration, maintenance and participant activities sections of the Parks and Recreation Department. Revenues come from general property taxes and charges for service. This department administers all park and recreation programs, including the golf course and ice arena, and is responsible for the maintenance in all twenty-four City-owned parks. The Federal Revenue Sharing Fund accounts for the revenues and expenditures of revenue sharing monies. Revenue sharing funds from 1972 through 1984 were $2,225,067, including funds of $151,856 for 1984. The majority of these funds were expended for capital improvements as opposed to recurring expenditures. Debt Service Funds These funds are used for the payment of general obligation bond principal and interest. Property taxe's provide the necessary revenue. The City has an �850,000 issue for the City Hali, which is outstanding, and a$650,000 issue for parks, which was retired in 1984. Capital Proiects Funds Capital projects funds are used to account for financial resources used for the acquisition of capital facilities and equipment.