|
g within the
<br />authorizea levy limitau ons as snown in cne tollowing table.
<br />Total Levy
<br />Less special levies
<br />Bond indebtedness
<br />Subject to levy
<br />limitations
<br />Levy limitation
<br />Pavable in 1990
<br />$6,306,793
<br />1,673,496
<br />$4,633,297
<br />$4,633,297
<br />*Does not include tax increment levies
<br />Local Government Aid
<br />Pavable in 1989
<br />$5,154,451
<br />1,735,154
<br />53,419,257
<br />$3,419,797
<br />The following summary shows actual local government aid as a
<br />percentage of budgeted general fund revenues and how the yearly
<br />amounts vary due to changes in the formulas distributing the
<br />aids. (See the earlier discussion in The General Fund section
<br />regarding the shift of state aid to the schools.)
<br />Budgeted General
<br />Fund Revenues
<br />1990
<br />1989
<br />1988
<br />1987
<br />1986
<br />1985
<br />1954
<br />1983
<br />1982
<br />1981
<br />Proprietary Operations
<br />Enterprise Funds
<br />$5,659,676
<br />5,304,582
<br />4,887,392
<br />4,844,345
<br />4,774,970
<br />4,557,868
<br />4,294,589
<br />4,082,045
<br />3,858,439
<br />3,550,468
<br />Local
<br />Government Aid
<br />$ 242,927
<br />1,374,561
<br />848,496
<br />848,507
<br />803,071
<br />717,475
<br />676,863
<br />945,440
<br />817,712
<br />872,746
<br />4.3
<br />25.9
<br />17.4
<br />17.5
<br />16.8
<br />15.7
<br />15.8
<br />23.2
<br />21.2
<br />24.6
<br />Enterprise Funds account for the financing of services to the
<br />general public in which all or most of the costs involved are
<br />paid in the form of charges by the user of such service. Except
<br />for ownership, these funds closely resemble a privately-owned
<br />business.
<br />The Sanitary Sewer Fund accounts for the operation of the sewer
<br />system with 9,060 customers currently being billed. The City
<br />reviews its financial position and the rate structure annually.
<br />Rates have increased for all types of users nearly every year
<br />since 1984 to cover increased cost from the Metropolitan Waste
<br />Control Commission (MWCC). Approximately 64.20 of the sewer
<br />11
<br />
|