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Major revenue changes in 1997 occurred in property taxes, intergovermnental aid, and <br />miscellaneous. The City's decrease in property ta�ces was primarily due to an increase in state <br />aid allocated for the general fund as compared to 1996. The increase in intergovernmental <br />sources reflec[ the other side of the property tax change. The increase in miscellaneous <br />revenue was due to a increase in interest revenue as compared to 1996. <br />Changes in levels of expenditures for major functions of the City over the preceding year are <br />shown in the following tabulations: <br />Expenditures <br />�y Function <br />General Government <br />Public Safety <br />Public Works <br />Other <br />Capital Outlay <br />Transfers <br />Total Expenditures <br />2997 <br />Amount <br />$ 1,248,837 <br />4,120,790 <br />1,357,997 <br />193,248 <br />121,411 <br />155 751 <br />7.198.034 <br />Percent Increase <br />of (Decrease) <br />Totai ECs�s 1996 <br />17.4% <br />57.2% <br />18.9% <br />2.7% <br />1.6% <br />� 2% <br />100_0% <br />$ 28,240 <br />31,780 <br />(1,373) <br />9,153 <br />(65,563) <br />51 873 <br />� <br />Percent <br />of <br />Chanee <br />2.3% <br />0.8% <br />(0.1)% <br />5.0% <br />(54.0)% <br />49.9% <br />0.8% <br />There were no major changes in the expenditures for 1997. While changes did occur in all <br />categories, they were either not of significant dollar value, or the percentage changes were <br />insignificant. Larger percents occurred in categories where fluctuations vary widely from <br />year to year. This fluctuation occurs because the magnitude of the actual numbers are <br />relatively minor. <br />�:!. :-,:�. ��. <br />The Recreation Fund accounts for the revenues and expenditures in the administration, <br />maintenance, and participan[ activities sections of the Parks and Recreation Department. <br />Revenues come from general property taxes and charges for services. This department <br />administers all park and recreation programs, including the golf course, ice arena, the John <br />Rose Minnesota Oval, and is responsible for the maintenance in all 28 City-owned parks. <br />The Telecommunications Fund accounts for the revenues of the cable television franchise fees <br />and expenditures for communication equipment including cable programming, mobile <br />equipment, and computers. <br />The Community Development Fund accounts for the revenue and expenditures used to <br />promote economic and community development in the City. <br />The License Center Fund accounts for funds collected by the City from the sales of vehide and <br />recreational licenses and the expenditures incurred for providing Chose services. <br />6 <br />