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Annual_Report_1991_001
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Annual_Report_1991_001
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Th• major revenua chanqes in 1991 occurrad in intarqovarnmental <br />r�venue and proporty tasea. <br />Tha City raceivod aubstaatially loas in Local Govarnment Aid <br />(LGA) from ths Stata of Minnasota durinq 1991. That deczeasa raa <br />approaimately $1l0,000, hawev�r, soma aids did incraasa. Tha most <br />siqnificaat incraasas ver• ia HACA (Hameatead Cradits) and polica <br />atats aid. <br />Proparty taxes docreasad primarilp bacausa of tho increasa in <br />HACA and aome rsduction due to rabataa on proparty tas appeals. <br />Ganaral property tases accountad !or 45.4� of the r�vanues, and <br />currant tas collectioas wer4 96.05$ of th• total taz levy for the <br />�ear 1991. Thia is a daoreasa froa pr�vioua yeara primarily dua <br />to alower payment rates and rebat�, durinq 1991. <br />Iatarqovarnmental revenues accountad for 22.8� of tha savsnues. <br />Chanqea in leeals of aspenditur.a for major functiona ot the City <br />ovr the precedinq pear are ahown in the followiaq tabulatioa�: <br />Espenditures <br />Bv Fuaction <br />6oneral <br />QOVeinIDaAt <br />Bublic <br />safaty <br />Public <br />Nork9 <br />Other <br />Capital <br />outlsy <br />Trassfers <br />Total <br />Expeaditures <br />1991 <br />ount <br />1�202�511 <br />3�127�676 <br />1,268,134 <br />224,770 <br />9�753 <br />69,000 <br />Parcent <br />o! <br />otal <br />20.3$ <br />52.9$ <br />21.5$ <br />3.9$ <br />.2$ <br />1.2 <br />Iacraas• Percent <br />(Dacrease) of <br />From 1990 Chance <br />$ 43�059 <br />201,555 <br />338609 <br />1,298 <br />3.7 <br />6.9 <br />2m7 <br />.6 <br />(21,252) (68,5) <br />57.005 475.3 <br />S5,901,844 100.0 S 315.274 5.3 <br />Thasa incraasas in lund espenditurea did not rasult from any <br />major proqram increasea, but rapresanta primarily coat of livinq <br />and inflation increases. <br />The tax capacity rates by purposo for thsae fiscal yeara are as <br />followa: <br />6 <br />
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