Page 85 - FY 2021-22 ADOPTED BUDGET

OPERATING FUNDS REVENUES

Operating revenues in the City's 2025-26 Budget in the amount of $27,802,265 are based upon a projected net
decrease of $407,144 compared to the 2024-25 re-estimate of $28,209,409. Total projected 2025-26 revenues,
along with 2024-25 re-estimate and 2023-24 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

PERCENTAGE
ACTUAL RE-ESTIMATE BUDGET CHANGE FROM CHANGE FROM
REVENUES BY SOURCE FY 2023-24 FY 2024-25 FY 2025-26 RE-ESTIMATE RE-ESTIMATE

Ad Valorem Taxes $ 17,346,295 $ 17,779,284 $ 18,589,771 $ 810,487 4.56%
Franchise Taxes 1,333,688 1,227,053 1,235,000 7,947 0.65%
Sales & Other Taxes 4,379,798 4,510,100 4,510,000 (100) 0.00%
Licenses 23,485 18,800 18,800 - 0.00%
Permits and Filing Fees 408,102 627,000 362,000 (265,000) -42.26%
Fines and Forfeitures 692,637 671,383 624,000 (47,383) -7.06%
Use of Money and Property 1,333,829 1,019,500 569,500 (450,000) -44.14%
Revenue from Other Agencies 812,459 563,000 525,000 (38,000) -6.75%
Citizen Services 1,178,878 865,000 865,000 - 0.00%
Recreation Services 95,523 75,000 75,000 - 0.00%
Sale of Goods 19,393 182,670 23,250 (159,420) -87.27%
Other Revenue 221,068 30,500 30,500 - 0.00%
Transfers 2,738,639 640,119 374,444 (265,675) -41.50%
TOTAL REVENUES $ 30,583,794 $ 28,209,409 $ 27,802,265 $ (407,144) -1.44%

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