Page 51 - Microsoft Word - FY 2021 tax info sheet

Licenses and permits: FY 2020-22 Budget $810,068
% of Fund Revenue 2.0 %

Compared to $ Growth % Growth
FY 2020-21 Budget $30,437 3.9%
FY 2020-21 Projection $(78,606) (8.8)%

Licenses and permits include building permits and fees, plumbing permits, mechanical permits, electrical
permits, fence permits, and sign and other miscellaneous permits. Overall, development activity appears
to be decreasing as the city reaches buildout, however the Center Stage Development will provide a one-
time increase to revenue, which has been accounted for in year-end projections and the FY 2021-22
budget. The major revenue item in this category is building permits, which are projected to be $709,390
in FY 2021-22 an increase of $18,962 from the FY 2020-21 budget. Overall, license and permit revenue
is expected to see an increase.

FY 2021-22 Budget $1,423,327
Charges for Services: % of Fund Revenue 3.5 %

Compared to $ Growth % Growth
FY 2020-21 Budget $43,308 3.1%
FY 2020-21 Projection $25,237 1.8%

Charges for services include revenues from ambulance services, use of city property (park and facility
rentals, and communications tower leases) and Town Center Property Owner Association fees.
Ambulance services account for $975,653 of the total for FY2021-22. The city uses three-year averaging
for these service charges to create revenue estimates for the upcoming year. Year-end projections for
some revenues are up from FY 2020-21 budget due to the three-year average and trend data. The year-
end projection was used to create the FY 2021-22 budget.

Fines and Fees: FY 2021-22 Budget $823,320
% of Fund Revenue 2.0 %
Compared to $ Growth % Growth

FY 2020-21 Budget $(131,557) (13.8)%
$251,489
44.0%
FY 2020-21 Projection

Fines and fees include Municipal Court fines, false alarm fees, animal control fees, inspection fees and
construction plan review fees. Municipal Court fines comprise the majority of the revenue increase and
result from Class C misdemeanor violations occurring within the city limits.

FY 2021-22 Budget $ 179,073
Development Fees: % of Fund Revenue 0.4 %

Compared to $ Growth % Growth
FY 2020-21 Budget $(21,077) (10.5)%
FY 2020-21 Projection $(147,325) (45.1)%

Development Fees include paving and drainage inspection, construction plan review, zoning and
subdivision fees, and developer fees for street lighting. Generally, the city uses three-year averaging for

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