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Revenues & Exnenses
<br /> City funds are divided into two main categories-governmental activities and business-type
<br /> activities.
<br /> • Governmental activities include multiple funds which include general, special revenue,
<br /> debt service, and capital project funds. These funds include the basic services provided
<br /> by the City including general administration, cemetery, parks, public safety, public
<br /> works, and capital improvements. Property taxes, licenses &permits, intergovernmental
<br /> revenues, charges for services, fines & forfeits, assessments &interest, and other
<br /> financing sources fund these activities.
<br /> • Business-type activities include enterprise funds which include water and sewer services.
<br /> The City charges fees to customers to help cover the cost of these services.
<br /> The following table illustrates the total revenue received for all City funds for the year including
<br /> property taxes, land use fees, state aid, police & fire contracts, interest earnings, and water &
<br /> sewer sales. Total expenses include the cost of all money spent for the year including staff
<br /> salaries, supplies, services, and capital outlay.
<br /> Governmental Activities 2018 2017 2016 2015 2014
<br /> General Fund
<br /> Revenues $1,834,682 $1,925,972 $1,970,405 $1,919,126 $1,871,625
<br /> Expenses $1,759,797 $1,685,145 $1,951,048 $1,938,467 $1,940,745
<br /> S ecial Revenue Funds
<br /> Revenues $545,563 $360,326 $281,891 $263,020 $275,786
<br /> Expenses $411,053 $483,629 $270,351 $286,058 $257,157
<br /> Debt Service Funds
<br /> Revenues $77,810 $195,458 $44,471 $87,876 $222,775
<br /> Expenses $56,313 $180,453 $42,867 $76,982 $222,914
<br /> Ca ital Pro'ect Funds
<br /> Revenues $5,699,241 $920,001 $62,158 $84,436 $449,618
<br /> Expenses $2,277,826 $224,361 $173,656 $170,304 $424,530
<br /> Business-T e Activities
<br /> Enter rise Funds
<br /> Revenues $629,288 $645,194 $1,080,498 $558,630 $502,266
<br /> Expenses $434,930 $350,630 $321,188 $349,375 $357,560
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