Annual_Report_1992_001 - Laserfiche WebLink

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Revenue Source General property taxes License and permits Intergovernmental revenue Cbarges for service Fines and forfeita Miacellaneous Total Revenue 1992 Amount $ 2,690,058 150,542 Increase Percent Percent (Decrease) of of Total From 1991 Chanae 44.3� $ 131,253 5.1 2.4 ( 30,461) (16.8) 1,851,885 30.5 953,204 15.7 120,259 2.0 306,306 5.1 S 6.072,254 100.0 547,459 41.9 (181,232) (15.9) 5,069 4.4 79,409 3.5 S 551,497 9_9 The major revenue changes in 1992 occur=ed in intergovernmental revenue, charges for eervices and licenses and pex�its. The City's increase in intergovernmental sid was primarily due an increase in HACA (Homestead Credit) of $86,000, a reallocation of $250,000 in State highway sid from debt ae=vice to general fund etreet maintenance, and an increase of $157,000 of fees received from the addition of the City of Lauderdale for police servicas. The Chargea for eervices decrease of $181,232 was due primarily to the establishment of a special revenue fund for motor vehicle This fee decrease was offset by the reallocation of expenditures as well. The decrease of $30,461 experienced in licenees and permits was due to a decrease in the numbe= of liquor licenees applied for in 1992. Changea in levels of expenditures for major funetiona of the City over the preceding year are ahown in the following tabulatione: Expenditures Bv Funetion General Government Public Safety Public Works Other Capital Outlay Transfere Total Expenditures Pereent 1992 of Amount Total 1,078,120 18.0� 3,337,773 55.7� 1,266,835 21.2� 193,555 3.2� Increase (Decrease) From'1991 $( 36,060) 210,097 40,013 (31,215) 97,113 1.7� 87,360 11.492 .2� (57,508) $5,986,888 100.0$ S 284,807 Percent of Chanae ( 3.5) 6.7 1.2 (13.9) 895.7 833.4 4.9 The major changes in the expenditures were in the general govern- ment and other categories. While changes occurred in capital Ci