|
General Fund Revenue vs Expenditure
<br />(in millions)
<br />$175.0
<br />$170.0
<br />$165.0
<br />$160.0
<br />$155.0
<br />$150.0
<br />$145.0
<br />Actual Modified Projected
<br />FY 2023/24 FY 2024/25 FY 2025/26
<br />Projected
<br />FY 2026/27
<br />■ Revenue
<br />■ Expenditure
<br />General Fund Revenues
<br />Table 2 below provides a comparison of projected General Fund revenues by major
<br />category.
<br />Table 2: General Fund Revenue Summary by Major Category
<br />$90,241,390
<br />$93,920,500
<br />$97,763,200
<br />4.1%
<br />$101,442,100
<br />3.8%
<br />$23,963,541
<br />$24,935,000
<br />$25,964,700
<br />4.1%
<br />$26,700,200
<br />2.8%
<br />$21,819,934
<br />$18,878,606
<br />$20,669,864
<br />9.5%
<br />$21,158,253
<br />2.4%
<br />$5,259,180
<br />$5,364,000
<br />$5,471,300
<br />2.0%
<br />$5,580,700
<br />2.0%
<br />$5,802,541
<br />$5,750,000
<br />$5,950,000
<br />3.5%
<br />$6,150,000
<br />3.4%
<br />$4,663,652
<br />$5,027,934
<br />$4,725,698
<br />(6.0%)
<br />$4,730,698
<br />0.1%
<br />$151,750,238
<br />$153,876,040
<br />$160,544,762
<br />4.3%
<br />$165,761,951
<br />3.2%
<br />$3,751,843
<br />$4,853,145
<br />$2,387,000
<br />(50.8%)
<br />$3,494,000
<br />46.4%
<br />$155,502,080
<br />$158,729,185
<br />$162,931,762
<br />2.6%
<br />$169,255,951
<br />3.9%
<br />Tax revenues represent over 80.0 percent of the General Fund revenues. Property tax (60.0
<br />percent) and sales tax (15.9 percent) revenues represent a majority (75.9 percent) of tax
<br />revenues. A large decrease in the recreation revenue category is mostly due to reductions
<br />to the City's adult sports recreation programs.
<br />29
<br />
|