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Revenues & Ex�enses
<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 2019 2018 2017 2016 2015
<br /> General Fund
<br /> Revenues $1,867,329 $1,834,682 $1,925,972 $1,970,405 $1,919,126
<br /> Expenses $1,930,535 $1,759,797 $1,685,145 $1,951,048 $1,938,467
<br /> S ecial Revenue Funds
<br /> Revenues $391,430 $545,563 $360,326 $281,891 $263,020
<br /> Expenses $361,524 $411,053 $483,629 $270,351 $268,058
<br /> Debt Service Funds
<br /> Revenues $35,915 $77,810 $195,458 $44,471 $87,876
<br /> Expenses $74,804 $56,313 $180,453 $42,867 $76,982
<br /> Ca ital Pro'ect Funds
<br /> Revenues $524,030 $5,699,241 $920,001 $62,158 $84,436
<br /> Expenses $297,799 $2,277,826 $224,361 $173,656 $170,304
<br /> Business-T e Activities
<br /> Enter rise Funds
<br /> Revenues $685,023 $629,288 $645,194 $1,080,498 $558,630
<br /> Expenses $367,702 $434,930 $350,630 $321,188 $349,375
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