Page 64 - FY 2023-24 ADOPTED BUDGET

TEN YEAR COMPARISON OF REVENUES AND EXPENDITURES

OPERATING FUNDS (GENERAL FUND AND DEBT SERVICE FUND)

FY 2014-15 TO 2023-24

Actual Actual Actual Estimated Budget
Revenues by Source 2019-20 2020-21 2021-22 2022-23 2023-24 Trend
Ad Valorem Taxes $ 13,635,240 $ 14,098,749 $ 14,758,918 $ 16,056,798 $ 17,429,157
Franchise Taxes 1,444,339 1,208,965 1,234,011 1,306,049 1,270,000
Sales & Other Taxes 3,315,099 3,402,472 3,907,011 4,010,100 4,010,000
Licenses 15,463 17,588 17,260 15,300 12,300
Permits and Filing Fees 638,656 486,461 993,460 352,000 358,100
Fines and Forfeitures 669,883 617,919 510,500 442,000 545,000
Use of Money and Property 150,384 66,436 95,941 499,500 369,500
Revenue from Other Agencies 540,257 518,927 530,960 500,000 505,000
Citizen Services 849,834 989,714 1,029,340 811,500 812,000
Recreation Services 53,262 56,716 81,011 64,000 64,000
Sale of Goods 14,601 814,497 78,476 343,947 22,000
Other Revenue 38,504 39,433 56,516 40,500 40,500
TOTAL REVENUE $ 21,365,522 $ 22,317,877 $ 23,293,405 $ 24,441,694 $ 25,437,557

Expenditures by Function
General Government $ 2,160,934 $ 2,455,048 $ 2,668,485 $ 2,868,782 $ 1,493,253
Staff Services 1,069,757 1,159,286 1,174,034 1,302,686 1,393,128
Public Safety 9,669,200 9,563,971 9,559,614 9,617,660 13,208,905
Public Services 4,108,396 4,286,396 4,609,810 7,117,754 7,218,847
Community Development 810,827 776,038 820,121 888,681 923,510
Debt Service 1,549,905 1,605,259 1,909,337 908,229 1,532,629
TOTAL EXPENDITURES $ 19,369,018 $ 19,845,998 $ 20,741,400 $ 22,703,792 $ 25,770,272

VARIANCE REVENUES VERSUS EXPENDITURES $ 1,996,504 $ 2,471,879 $ 2,552,005 $ 1,737,902 $ (332,715) $ -
Other Financing Sources
Transfers-In $ 1,189,888 $ 1,546,514 $ 1,359,310 $ 631,485 $ 638,485
Transfers-Out (1,202,170) (500,000) (300,000) (300,000) (300,000)
Adjustments - - - - -
TOTAL OTHER FINANCING SOURCES (USES) $ (12,282) $ 1,046,514 $ 1,059,310 $ 331,485 $ 338,485

VARIANCE REVENUES VERSUS EXPENDITURES $ 1,984,222 $ 3,518,393 $ 3,611,315 $ 2,069,387 $ 5,770

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