Page 86 - FY 2021-22 ADOPTED BUDGET

OPERATING FUNDS REVENUES

Operating revenues in the City's 2021-22 Budget in the amount of $23,279,458 are based upon a projected net
decrease of $249,287 over the 2020-21 re-estimate of $23,528,745. Total projected 2021-22 revenues, along with
2020-21 re-estimate and 2019-20 actual revenue amounts are summarized in the following table. Explanations of
the assumptions and methodology used to project these operating revenues are provided following the table.

OPERATING FUNDS REVENUE SUMMARY

CHANGE FROM PERCENTAGE CHANGE
REVENUES BY SOURCE ACTUAL FY 2019-20 RE-ESTIMATE FY 2020-21 BUDGET FY 2021-22 RE-ESTIMATE FROM RE-ESTIMATE
Ad Valorem Taxes $ 13,635,240 $ 14,269,848 $ 14,977,057 $ 707,209 4.96%
Franchise Taxes 1,444,339 1,417,165 1,410,000 (7,165) -0.51%
Sales & Other Taxes 3,315,099 3,254,600 3,254,500 (100) 0.00%
Licenses 15,463 12,400 10,400 (2,000) -16.13%
Permits and Filing Fees 638,656 379,160 388,500 9,340 2.46%
Fines and Forfeitures 669,883 621,300 651,000 29,700 4.78%
Use of Money and Property 150,384 89,000 190,000 101,000 113.48%
Revenue from Other Agencies 540,257 530,000 470,000 (60,000) -11.32%
Citizen Services 849,834 785,000 785,000 - 0.00%
Recreation Services 53,262 63,000 54,000 (9,000) -14.29%
Sale of Goods 14,601 814,264 24,000 (790,264) -97.05%
Other Revenue 38,504 36,000 25,000 (11,000) -30.56%
Transfers 1,189,888 1,257,008 1,040,001 (217,007) -17.26%

TOTAL REVENUES $ 22,555,409 $ 23,528,745 $ 23,279,458 $ (249,287) -1.06%

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