REVENUE ANALYSIS General Fund The General Fund is the primary operating fund of the City. It provides the financial resources for the majority of City programs and services including general administration, capital programs, courts, economic development, planning, zoning, and inspections, health and social services, libraries, public safety, public works, parks and recreation, and tourism. General Fund revenue is comprised of general property tax revenue (65%), other local tax revenue (20%), revenue from fees and charges (3%), state revenue (9%), federal revenue (2%), and fund transfers (1%). General Fund revenue is projected to increase 10.6% over the previous year to $263.1M in FY 23.
General Fund Revenue FY 20 Actual General Property Taxes Other Local Taxes Revenue from Fees and Charges State Revenue Federal Revenue Fund Transfers
FY 21 Actual
FY 22 Budget
FY 22 Projected
FY 23 Adopted
$
139,982,189 48,710,560 11,723,929 21,639,609 5,434,916 2,695,930
$ 144,417,955 53,092,028 7,499,611 23,077,822 5,280,895 2,907,451
$ 149,969,846 47,706,203 8,299,003 22,783,428 5,127,404 3,930,647
$ 154,764,890 55,067,145 7,821,163 23,034,945 5,132,429 2,930,647
$ 169,667,755 53,981,203 8,278,493 22,974,966 5,233,702 2,915,074
$
230,187,133
$ 236,275,762
$ 237,816,531
$ 248,751,218
$ 263,051,194
General Fund Revenue State 9%
Federal 2%
Fund Transfers 1%
Fees & Charges 3%
Other Local Taxes 20%
General Property Taxes 65%
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