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Sun~ary of Revenues, Expenses, Expenditures, and Other Sources and Uses of Funds
<br />
<br />The table which follows summarizes revenues and expenses for all City funds. The
<br />following items changed in significant dollar amounts:
<br />
<br />Revenues/Financing Sources:
<br />General Property Taxes were up due to growth in the value of taxable property and
<br />an increase in the collection percentage of current taxes.
<br />EMS and Health Fees were up due to an increase in ambulance calls and an aggressive
<br />collection policy with insurance companies and Medicare.
<br /> Interqovernmental Receipts were up due to increased grant activity.
<br />Interest Earned on Investments was down due to much lower interest rates.
<br />Miscellaneous Revenues were down due to a reduction in capital leases and contri
<br />bution income.
<br />Sewer Charges were up due to increased water sales and annual adjustment to the
<br />winter average sewer charge cap.
<br />
<br />Expenses/Expenditures/Uses:
<br />
<br />General Government was up with fluctuation of various accounts. The largest change
<br />being expenditures on the depot renovation.
<br />Public Safety was up due to increased grant expenditures and final expenditures on
<br />the fire substations.
<br />Public Works were down due to decreased personnel costs, equipment purchases, and
<br />electrical expenses.
<br />Emergency Medical Service was up primarily due to increased personnel costs.
<br />Capital Outlay was down due to budget restrictions imposed by City Council.
<br />Water and Sewer Operating Expenses were up due to increased sales volume.
<br />Non-Operating Expense was down due to reduced interest and amortization expenses.
<br />Special Revenue Expense was down due to decreased community block grant expenses.
<br />Capital Projects were down as bond projects were completed.
<br />Employees' Insurance was up due to increased medical claims.
<br />
<br /> Increase % Increase
<br /> (Decrease) (Decrease)
<br />% of From From
<br />REVENUES/FINANCING SOURCES: Total 2001-2002 2000-2001 00-01 00-01
<br />
<br />General Property Taxes 16.96 $ 6,102,854 $ 5,852,510 $ 250,344 4.28
<br />Penalties and Interest
<br />on Property Tax .37 132,942 128,993 3,949 3.06
<br />Municipal Sales Tax 12.71 4,574,994 4,537,136 37,858 .83
<br />Hotel Occupancy Tax .87 314,170 356,259 42,089) 11.81)
<br />Franchise and Gross
<br />Receipts Tax 7.29 2,623,697 2,559,474 64,223 2.51
<br />Licenses and Permits .32 114,720 84,660 30,060 35.51
<br />Fines and Fees 1.51 545,236 535,496 9,740 1.82
<br />Emergency Medical
<br />Service and Health 5.41 1,945,602 1,655,980 289,622 17.49
<br />Leases and Rentals .20 70,322 72,844 2,522) 3.46)
<br />Sanitation 3.84 1,382,796 1,380,109 2,687 .20
<br />Intergovernmental
<br />Receipts 11.30 4,066,932 3,019,803 1,047,129 34.68
<br />Interest Earned on
<br />Investments 1.78 639,383 1,596,617 ( 957,234) 59.95)
<br />Miscellaneous Revenues 1.95 701,904 1,076,393 ( 374,489) 34.79)
<br />Utility Fund Contributions 3.06 1,100,000 1,095,536 4,465 .41
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