Page 126 - CityofWataugaAdoptedBudgetFY25

BUDGET SUMMARY

Fines and Forfeitures - Include fines levied by the Municipal Judge for misdemeanor
offenses occurring with the City and those collected on citations issued for code
enforcement. Fines for overdue library books were discontinued in FY2020-21. Other
fees are also included in this category for certain items relating to municipal court. Fines
and forfeitures make up approximately 3% of General Fund revenues for fiscal year 2025.

Miscellaneous revenue – This revenue consists primarily of interest earnings from the
investment of city funds, proceeds from the sale of surplus City property, cell phone tower
rent revenues and other various revenues. Interest earnings are expected to increase in
FY2025-26 due to the rising interest rates and comprise 5% of total revenues.

Transfers In – Transfers in are comprised of funds transferred from another fund for
general and administrative fees or obligations that the General Fund provides. The
contributing funds include the proprietary funds (Water and Sewer, Storm Drain) and
special revenue funds (Crime Control and Economic Development Fund). These are
projected at 5% of General Fund Revenues.

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