|
valuations in the aeven county metropolitan area. In turn,
<br />valuations from this pool are to be redistributed to taxing
<br />jurisdictions according to specific criteria. Although it is
<br />dif£icult to determine the future impact of the Fiscal Disparity
<br />Law on the City, the law had the effect of reducing taxable
<br />valuation as follows:
<br />Tax Caoacitv
<br />Real Estate
<br />Personal Property
<br />Area Wide Pool
<br />Contributed to ponl
<br />Diatributed from pool
<br />Net (loss)
<br />Net tax capacity
<br />1993
<br />$42,223,857
<br />787,869
<br />$43,011,726
<br />1993
<br />$( 8,187,742)
<br />3,117,186
<br />S( 5 070 556)
<br />37 941,170
<br />1992
<br />$43,087,020
<br />767,721
<br />$43,854,741
<br />1992
<br />$( 8,642,634)
<br />3.229,790
<br />$( 5,412,844)
<br />38,441,897
<br />Roaeville's 1993 tax capacity rate would have been 13� less
<br />without fiscal disparities.
<br />Local Government Aid
<br />The following summary shows actual
<br />percentage of budgeted general fund
<br />amounts vary due to changes in the
<br />aids.
<br />General
<br />Fund Revenues
<br />1993
<br />1992
<br />1991
<br />1990
<br />1989
<br />1988
<br />1987
<br />1986
<br />1985
<br />1984
<br />$6,595,278
<br />6,072,254
<br />5.888.721
<br />5,659,676
<br />5,304,582
<br />4,887,392
<br />4,844,345
<br />4,774,970
<br />4,557,868
<br />4,294,589
<br />Proprietary Operatioms
<br />Enterprise Funds
<br />local government aid as a
<br />revenues and how the yearly
<br />formulas distributing the
<br />Local
<br />Government Aid
<br />$ 16,525
<br />0
<br />11,600
<br />242, 92'7
<br />1,374,861
<br />848,496
<br />848,507
<br />803,071
<br />717,475
<br />676,863
<br />�
<br />.2
<br />0
<br />.2
<br />4.3
<br />25.9
<br />17.4
<br />17.5
<br />16.8
<br />15.7
<br />15.8
<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 reeemble a privately-owned
<br />busineas.
<br />The Sanitary Sewer Fund accounts for the operation of the sewer
<br />aystem with 9,613 customers currently being billed. The City re-
<br />11
<br />
|